{ "ticker": { "uuid": "e18519a4-5c08-43eb-935e-cc3869cbe3be", "symbol": "601860", "name": "Jiangsu Zijin Rural Commercial Bank 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": 94.998, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -34.234, "architecture_energy": 20.228, "architecture_maturity": 84.991, "architecture_confidence": 77.312, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 43.38, "rotation_up": 32.98, "upward_expansion": 19.43, "deceleration": 44.1, "rotation_down": 29.7, "downward_expansion": 58.1 }, "activity_lines": [ 2.578, 2.55928, 2.565233, 2.601434 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 2.54, "trend_reference": 2.648342, "distance_from_trend": -0.040909, "trend_direction": "Weakening", "fair_value": 2.605108, "distance_from_fair_value": -0.024993, "fair_value_direction": "Weakening", "relative_strength": -6.013275, "relative_strength_direction": "Improving", "price_momentum": -0.07965, "excess_performance": -0.036447, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.040909, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.023, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.024993, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.037506, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.060133, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.091083, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.07965, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.640114, "read": "Supply-led" } ], "volume": { "latest": 306631141, "relative_activity": 1.783472, "balance": 0.640114, "dry_up": 1.722879, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.043129, "annualized_volatility": 0.173027, "from_high_reference": -0.152072, "from_low_reference": 0.040984 }, "levels": { "trend_reference": 2.648342, "fair_value_reference": 2.605108, "structural_low": 2.44, "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": 31, "median_return": 0.003623, "positive_rate": 0.516129, "directional_follow_through": 0.419355, "median_excess_return": -0.004327, "regime_survival": 0.774194, "best_return": 0.154166, "worst_return": -0.076487, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.001908, "positive_rate": 0.4, "directional_follow_through": 0.5, "median_excess_return": -0.030515, "regime_survival": 0.4, "best_return": 0.229166, "worst_return": -0.045326, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.007003, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.051737, "regime_survival": 0.166667, "best_return": 0.167052, "worst_return": -0.058869, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.128778, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.008175, "regime_survival": 0.333333, "best_return": 0.152781, "worst_return": -0.182471, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2025-01-03", "tenure": "Established", "return": -0.018051, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-21", "tenure": "Developing", "return": 0.056382, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-05-23", "tenure": "Developing", "return": 0.02527, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.020749, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-08-08", "tenure": "Developing", "return": 0.027397, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-10-03", "tenure": "Developing", "return": -0.047619, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": 0.02807, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": 0.017668, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-11-21", "tenure": "New", "return": -0.044827, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-02-13", "tenure": "Developing", "return": 0.018182, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": 0.021505, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.014286, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": -0.019011, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": -0.030253, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 2.644506, "volume": 390400258, "typical_volume": 167130991.8, "trend": 2.330829, "fair_value": 2.796891, "relative_strength": 9.707968, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.696879, "energy": 65.07762, "activity_lines": [ 2.420787, 2.366237, 2.350438, 2.342325 ] }, { "date": "2023-08-04", "close": 2.763052, "volume": 1584059588, "typical_volume": 235969717.45, "trend": 2.347185, "fair_value": 2.79061, "relative_strength": 13.928998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.476611, "energy": 88.662709, "activity_lines": [ 2.551492, 2.443021, 2.391074, 2.37021 ] }, { "date": "2023-08-11", "close": 2.571553, "volume": 469657828, "typical_volume": 252036407.8, "trend": 2.356866, "fair_value": 2.783949, "relative_strength": 9.188457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.007877, "energy": 82.592135, "activity_lines": [ 2.586752, 2.476863, 2.411386, 2.384685 ] }, { "date": "2023-08-18", "close": 2.562435, "volume": 367103555, "typical_volume": 264122409.2, "trend": 2.366243, "fair_value": 2.777177, "relative_strength": 10.581022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.564326, "energy": 83.244054, "activity_lines": [ 2.600126, 2.504405, 2.42953, 2.397948 ] }, { "date": "2023-08-25", "close": 2.525959, "volume": 328421581, "typical_volume": 275522952.75, "trend": 2.372357, "fair_value": 2.770118, "relative_strength": 11.221312, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.349344, "energy": 77.710932, "activity_lines": [ 2.58432, 2.521316, 2.442818, 2.408252 ] }, { "date": "2023-09-01", "close": 2.462126, "volume": 389351374, "typical_volume": 288462339.05, "trend": 2.37722, "fair_value": 2.762226, "relative_strength": 5.922228, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.823383, "energy": 36.648235, "activity_lines": [ 2.533862, 2.522643, 2.44882, 2.414044 ] }, { "date": "2023-09-08", "close": 2.434769, "volume": 205207486, "typical_volume": 286942257.95, "trend": 2.380294, "fair_value": 2.754371, "relative_strength": 5.233164, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.901462, "energy": 20.384776, "activity_lines": [ 2.486443, 2.515513, 2.45148, 2.417756 ] }, { "date": "2023-09-15", "close": 2.462126, "volume": 202647533, "typical_volume": 286966215.3, "trend": 2.38545, "fair_value": 2.746797, "relative_strength": 6.366958, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.568029, "energy": 21.271083, "activity_lines": [ 2.470029, 2.510705, 2.456097, 2.423036 ] }, { "date": "2023-09-22", "close": 2.50772, "volume": 233785064, "typical_volume": 289700451.95, "trend": 2.390956, "fair_value": 2.740256, "relative_strength": 7.756078, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.910207, "energy": 20.487891, "activity_lines": [ 2.476108, 2.511037, 2.464445, 2.430924 ] }, { "date": "2023-09-29", "close": 2.443888, "volume": 131313327, "typical_volume": 273836299.25, "trend": 2.393165, "fair_value": 2.733889, "relative_strength": 5.731654, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.426533, "energy": 17.782457, "activity_lines": [ 2.464557, 2.496115, 2.46622, 2.434339 ] }, { "date": "2023-10-13", "close": 2.416531, "volume": 255298074, "typical_volume": 276457375.15, "trend": 2.395923, "fair_value": 2.726764, "relative_strength": 5.356276, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.520144, "energy": 12.869653, "activity_lines": [ 2.449359, 2.474063, 2.465324, 2.435847 ] }, { "date": "2023-10-20", "close": 2.352698, "volume": 161230226, "typical_volume": 277346073.35, "trend": 2.396847, "fair_value": 2.719866, "relative_strength": 6.186119, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.329464, "energy": 8.399008, "activity_lines": [ 2.415923, 2.444551, 2.458164, 2.433058 ] }, { "date": "2023-10-27", "close": 2.380055, "volume": 162566794, "typical_volume": 279360528.1, "trend": 2.399559, "fair_value": 2.713619, "relative_strength": 6.152252, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.65522, "energy": 17.155527, "activity_lines": [ 2.397077, 2.427474, 2.453436, 2.431975 ] }, { "date": "2023-11-03", "close": 2.361817, "volume": 151809594, "typical_volume": 278861003.1, "trend": 2.402542, "fair_value": 2.706938, "relative_strength": 4.840128, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.878567, "energy": 26.987396, "activity_lines": [ 2.377623, 2.410562, 2.446667, 2.42954 ] }, { "date": "2023-11-10", "close": 2.343579, "volume": 176773191, "typical_volume": 281699114.2, "trend": 2.404916, "fair_value": 2.699557, "relative_strength": 3.707996, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.913907, "energy": 42.444039, "activity_lines": [ 2.361817, 2.393982, 2.438069, 2.425736 ] }, { "date": "2023-11-17", "close": 2.352698, "volume": 121960789, "typical_volume": 284548000.05, "trend": 2.406424, "fair_value": 2.692712, "relative_strength": 3.513174, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.380436, "energy": 42.031101, "activity_lines": [ 2.355738, 2.382376, 2.430166, 2.422367 ] }, { "date": "2023-11-24", "close": 2.380055, "volume": 160433760, "typical_volume": 287858557.65, "trend": 2.409137, "fair_value": 2.687101, "relative_strength": 5.090145, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.009019, "energy": 33.190723, "activity_lines": [ 2.363033, 2.377734, 2.424477, 2.420665 ] }, { "date": "2023-12-01", "close": 2.361817, "volume": 128808125, "typical_volume": 290261701.05, "trend": 2.410072, "fair_value": 2.681055, "relative_strength": 4.514095, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.32456, "energy": 25.544058, "activity_lines": [ 2.362425, 2.37077, 2.416618, 2.417613 ] }, { "date": "2023-12-08", "close": 2.316222, "volume": 106272016, "typical_volume": 290283445.75, "trend": 2.407147, "fair_value": 2.674929, "relative_strength": 4.60284, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.377434, "energy": 39.909822, "activity_lines": [ 2.347835, 2.35734, 2.404068, 2.411558 ] }, { "date": "2023-12-15", "close": 2.343579, "volume": 134414355, "typical_volume": 293075725.9, "trend": 2.404257, "fair_value": 2.668608, "relative_strength": 6.683278, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -31.314897, "energy": 33.534209, "activity_lines": [ 2.345403, 2.352366, 2.394081, 2.407457 ] }, { "date": "2023-12-22", "close": 2.270627, "volume": 130438687, "typical_volume": 280077647.35, "trend": 2.40069, "fair_value": 2.660388, "relative_strength": 4.275968, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.445624, "energy": 65.484686, "activity_lines": [ 2.318654, 2.335952, 2.377059, 2.398835 ] }, { "date": "2023-12-29", "close": 2.307103, "volume": 119185115, "typical_volume": 206833923.7, "trend": 2.400386, "fair_value": 2.651609, "relative_strength": 3.741843, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.726498, "energy": 62.925133, "activity_lines": [ 2.309535, 2.328823, 2.365291, 2.392797 ] }, { "date": "2024-01-05", "close": 2.343579, "volume": 164266446, "typical_volume": 191564354.6, "trend": 2.401298, "fair_value": 2.644175, "relative_strength": 6.87167, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.087481, "energy": 42.817995, "activity_lines": [ 2.317438, 2.329154, 2.359168, 2.389132 ] }, { "date": "2024-01-12", "close": 2.343579, "volume": 183336631, "typical_volume": 182376008.4, "trend": 2.401333, "fair_value": 2.63743, "relative_strength": 8.405939, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.261769, "energy": 37.047109, "activity_lines": [ 2.326557, 2.330149, 2.354131, 2.385409 ] }, { "date": "2024-01-19", "close": 2.316222, "volume": 266871196, "typical_volume": 179298489.15, "trend": 2.401637, "fair_value": 2.630721, "relative_strength": 8.754566, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.856323, "energy": 31.085542, "activity_lines": [ 2.324733, 2.326502, 2.347531, 2.379918 ] }, { "date": "2024-01-26", "close": 2.443888, "volume": 349819693, "typical_volume": 177321905.1, "trend": 2.407412, "fair_value": 2.624089, "relative_strength": 11.317322, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.065812, "energy": 13.428429, "activity_lines": [ 2.367288, 2.346563, 2.354088, 2.382644 ] }, { "date": "2024-02-02", "close": 2.279746, "volume": 328411524, "typical_volume": 183482107.0, "trend": 2.407108, "fair_value": 2.617147, "relative_strength": 10.359134, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.752209, "energy": 19.727823, "activity_lines": [ 2.343579, 2.335123, 2.345099, 2.374407 ] }, { "date": "2024-02-09", "close": 2.370936, "volume": 332383019, "typical_volume": 189968881.3, "trend": 2.409844, "fair_value": 2.610471, "relative_strength": 9.011313, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.716427, "energy": 13.824967, "activity_lines": [ 2.35209, 2.342087, 2.345533, 2.372073 ] }, { "date": "2024-02-23", "close": 2.453007, "volume": 338132030, "typical_volume": 195186229.6, "trend": 2.414707, "fair_value": 2.604745, "relative_strength": 7.302164, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.754296, "energy": 8.830371, "activity_lines": [ 2.386134, 2.363807, 2.354218, 2.374858 ] }, { "date": "2024-03-01", "close": 2.42565, "volume": 286779851, "typical_volume": 202959555.8, "trend": 2.418051, "fair_value": 2.599744, "relative_strength": 5.101967, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.066097, "energy": 9.714224, "activity_lines": [ 2.403764, 2.378065, 2.360558, 2.375564 ] }, { "date": "2024-03-08", "close": 2.380055, "volume": 195459726, "typical_volume": 199967638.4, "trend": 2.409236, "fair_value": 2.594345, "relative_strength": 2.31701, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.620415, "energy": 12.732738, "activity_lines": [ 2.398901, 2.382542, 2.362642, 2.373113 ] }, { "date": "2024-03-15", "close": 2.361817, "volume": 180054868, "typical_volume": 200908870.5, "trend": 2.395861, "fair_value": 2.5892, "relative_strength": 1.096755, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.551241, "energy": 12.23536, "activity_lines": [ 2.392214, 2.381713, 2.363163, 2.370053 ] }, { "date": "2024-03-22", "close": 2.343579, "volume": 182904017, "typical_volume": 201925731.65, "trend": 2.388262, "fair_value": 2.583302, "relative_strength": 0.416285, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.001897, "energy": 11.219989, "activity_lines": [ 2.373976, 2.376573, 2.361904, 2.36668 ] }, { "date": "2024-03-29", "close": 2.325341, "volume": 184238775, "typical_volume": 203547190.7, "trend": 2.380359, "fair_value": 2.577552, "relative_strength": -0.263831, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.161613, "energy": 18.774249, "activity_lines": [ 2.351482, 2.368117, 2.359081, 2.362621 ] }, { "date": "2024-04-05", "close": 2.370936, "volume": 129258013, "typical_volume": 201171431.8, "trend": 2.375192, "fair_value": 2.57183, "relative_strength": 0.586795, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.210387, "energy": 16.548364, "activity_lines": [ 2.352698, 2.368283, 2.360775, 2.362013 ] }, { "date": "2024-04-12", "close": 2.343579, "volume": 194936821, "typical_volume": 204820233.4, "trend": 2.37124, "fair_value": 2.566303, "relative_strength": 0.859991, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.202159, "energy": 18.515814, "activity_lines": [ 2.348442, 2.36248, 2.359733, 2.359974 ] }, { "date": "2024-04-19", "close": 2.416531, "volume": 369221830, "typical_volume": 215259636.9, "trend": 2.370632, "fair_value": 2.561244, "relative_strength": 2.17677, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.279897, "energy": 3.738658, "activity_lines": [ 2.370936, 2.371765, 2.365682, 2.362896 ] }, { "date": "2024-04-26", "close": 2.389174, "volume": 253798074, "typical_volume": 221509134.35, "trend": 2.3682, "fair_value": 2.555956, "relative_strength": 0.05029, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.086376, "energy": 9.716032, "activity_lines": [ 2.380663, 2.373589, 2.368852, 2.364092 ] }, { "date": "2024-05-03", "close": 2.434769, "volume": 136257451, "typical_volume": 223008406.1, "trend": 2.365769, "fair_value": 2.551278, "relative_strength": 1.206778, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.232456, "energy": 36.703354, "activity_lines": [ 2.402549, 2.383371, 2.376234, 2.368387 ] }, { "date": "2024-05-10", "close": 2.443888, "volume": 252518373, "typical_volume": 228913607.0, "trend": 2.365769, "fair_value": 2.546765, "relative_strength": -0.194881, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.255985, "energy": 51.528303, "activity_lines": [ 2.420179, 2.395143, 2.38392, 2.373427 ] }, { "date": "2024-05-17", "close": 2.525959, "volume": 332892000, "typical_volume": 239036272.65, "trend": 2.369416, "fair_value": 2.542354, "relative_strength": 2.969924, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.099911, "energy": 70.313955, "activity_lines": [ 2.460302, 2.421505, 2.398944, 2.383761 ] }, { "date": "2024-05-24", "close": 2.50772, "volume": 360848776, "typical_volume": 251119455.7, "trend": 2.374584, "fair_value": 2.537721, "relative_strength": 4.204456, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.136899, "energy": 74.337553, "activity_lines": [ 2.482187, 2.441898, 2.411016, 2.392684 ] }, { "date": "2024-05-31", "close": 2.462126, "volume": 222512264, "typical_volume": 254031746.6, "trend": 2.377319, "fair_value": 2.533271, "relative_strength": 2.192632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.181917, "energy": 68.667829, "activity_lines": [ 2.482795, 2.451349, 2.41779, 2.398332 ] }, { "date": "2024-06-07", "close": 2.398293, "volume": 257591880, "typical_volume": 257744509.05, "trend": 2.378535, "fair_value": 2.528413, "relative_strength": 0.541428, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.605962, "energy": 47.123636, "activity_lines": [ 2.457262, 2.447038, 2.41792, 2.399685 ] }, { "date": "2024-06-14", "close": 2.388813, "volume": 132165537, "typical_volume": 251009226.1, "trend": 2.380043, "fair_value": 2.52307, "relative_strength": 0.584997, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.7328, "energy": 17.955987, "activity_lines": [ 2.431001, 2.439677, 2.416887, 2.400348 ] }, { "date": "2024-06-21", "close": 2.360375, "volume": 160190001, "typical_volume": 241527741.5, "trend": 2.380299, "fair_value": 2.518021, "relative_strength": 0.377381, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.063144, "energy": 15.597836, "activity_lines": [ 2.398932, 2.426821, 2.4128, 2.399079 ] }, { "date": "2024-06-28", "close": 2.369855, "volume": 165670231, "typical_volume": 233390676.85, "trend": 2.379959, "fair_value": 2.512769, "relative_strength": 1.590687, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.369733, "energy": 20.470652, "activity_lines": [ 2.381062, 2.415383, 2.410014, 2.398406 ] }, { "date": "2024-07-05", "close": 2.426731, "volume": 170525442, "typical_volume": 225297798.0, "trend": 2.382123, "fair_value": 2.50804, "relative_strength": 4.357458, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.343099, "energy": 18.75848, "activity_lines": [ 2.391341, 2.415134, 2.412215, 2.401423 ] }, { "date": "2024-07-12", "close": 2.417252, "volume": 177886754, "typical_volume": 217285534.2, "trend": 2.38549, "fair_value": 2.503091, "relative_strength": 2.954532, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.651748, "energy": 11.147264, "activity_lines": [ 2.400821, 2.41248, 2.413247, 2.40369 ] }, { "date": "2024-07-19", "close": 2.379334, "volume": 163967072, "typical_volume": 211144895.25, "trend": 2.386682, "fair_value": 2.498225, "relative_strength": 0.764715, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.458794, "energy": 6.475616, "activity_lines": [ 2.396397, 2.403249, 2.410839, 2.403292 ] }, { "date": "2024-07-26", "close": 2.350896, "volume": 157784728, "typical_volume": 209261145.35, "trend": 2.389358, "fair_value": 2.493123, "relative_strength": 2.458104, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.234847, "energy": 10.987802, "activity_lines": [ 2.383126, 2.390022, 2.405943, 2.400984 ] }, { "date": "2024-08-02", "close": 2.407772, "volume": 175991664, "typical_volume": 209057985.15, "trend": 2.392713, "fair_value": 2.489201, "relative_strength": 4.176351, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -4.332792, "energy": 6.424549, "activity_lines": [ 2.389445, 2.390319, 2.406602, 2.402172 ] }, { "date": "2024-08-09", "close": 2.388813, "volume": 140264249, "typical_volume": 206925996.75, "trend": 2.394221, "fair_value": 2.485266, "relative_strength": 4.844682, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.333219, "energy": 11.718365, "activity_lines": [ 2.386917, 2.388986, 2.405237, 2.40192 ] }, { "date": "2024-08-16", "close": 2.398293, "volume": 137597004, "typical_volume": 204593908.2, "trend": 2.396045, "fair_value": 2.481446, "relative_strength": 4.649434, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.354154, "energy": 6.383015, "activity_lines": [ 2.390077, 2.390709, 2.404559, 2.402183 ] }, { "date": "2024-08-23", "close": 2.407772, "volume": 191370342, "typical_volume": 207699524.65, "trend": 2.399097, "fair_value": 2.478013, "relative_strength": 5.890297, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.143458, "energy": 6.481498, "activity_lines": [ 2.397661, 2.394156, 2.404437, 2.402939 ] }, { "date": "2024-08-30", "close": 2.350896, "volume": 213341975, "typical_volume": 208619782.35, "trend": 2.395997, "fair_value": 2.47563, "relative_strength": 3.80859, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.821222, "energy": 12.1198, "activity_lines": [ 2.38439, 2.386918, 2.398723, 2.39983 ] }, { "date": "2024-09-06", "close": 2.303499, "volume": 180862056, "typical_volume": 199201793.65, "trend": 2.396789, "fair_value": 2.472779, "relative_strength": 4.504282, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.998048, "energy": 45.670146, "activity_lines": [ 2.35532, 2.371233, 2.388459, 2.393862 ] }, { "date": "2024-09-13", "close": 2.275061, "volume": 126715075, "typical_volume": 192847643.7, "trend": 2.393593, "fair_value": 2.469637, "relative_strength": 5.428542, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.630694, "energy": 64.099118, "activity_lines": [ 2.323722, 2.351585, 2.376026, 2.386009 ] }, { "date": "2024-09-20", "close": 2.294019, "volume": 78818036, "typical_volume": 189975672.95, "trend": 2.388293, "fair_value": 2.466617, "relative_strength": 4.89186, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.191336, "energy": 68.825808, "activity_lines": [ 2.306027, 2.338142, 2.365942, 2.379585 ] }, { "date": "2024-09-27", "close": 2.578402, "volume": 426397992, "typical_volume": 198669653.9, "trend": 2.393385, "fair_value": 2.465474, "relative_strength": 4.389191, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -3.401585, "energy": 4.647536, "activity_lines": [ 2.390078, 2.378645, 2.383611, 2.39185 ] }, { "date": "2024-10-04", "close": 2.834346, "volume": 193151904, "typical_volume": 191682649.1, "trend": 2.408528, "fair_value": 2.465592, "relative_strength": 6.063887, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.015577, "energy": 77.936986, "activity_lines": [ 2.548068, 2.462064, 2.425016, 2.420299 ] }, { "date": "2024-10-11", "close": 2.625799, "volume": 627723491, "typical_volume": 205026384.85, "trend": 2.417327, "fair_value": 2.463393, "relative_strength": 1.812225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.97903, "energy": 67.095274, "activity_lines": [ 2.604312, 2.498775, 2.445091, 2.434316 ] }, { "date": "2024-10-18", "close": 2.701634, "volume": 477387507, "typical_volume": 217770147.0, "trend": 2.429263, "fair_value": 2.46266, "relative_strength": 3.23167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.091759, "energy": 74.73961, "activity_lines": [ 2.664348, 2.54531, 2.471826, 2.452659 ] }, { "date": "2024-10-25", "close": 2.654237, "volume": 314046522, "typical_volume": 220592879.1, "trend": 2.440226, "fair_value": 2.461731, "relative_strength": 0.210692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.963994, "energy": 77.452612, "activity_lines": [ 2.680147, 2.57754, 2.492906, 2.467173 ] }, { "date": "2024-11-01", "close": 2.654237, "volume": 455130315, "typical_volume": 236741118.0, "trend": 2.449669, "fair_value": 2.46064, "relative_strength": 1.004133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.372042, "energy": 50.656073, "activity_lines": [ 2.671932, 2.605116, 2.512768, 2.48098 ] }, { "date": "2024-11-08", "close": 2.786949, "volume": 579331206, "typical_volume": 257698178.25, "trend": 2.464448, "fair_value": 2.460127, "relative_strength": 0.448707, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.534621, "energy": 52.293114, "activity_lines": [ 2.702898, 2.652341, 2.544005, 2.50274 ] }, { "date": "2024-11-15", "close": 2.692155, "volume": 446749453, "typical_volume": 271752139.35, "trend": 2.473636, "fair_value": 2.459061, "relative_strength": 0.484535, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.693681, "energy": 43.105751, "activity_lines": [ 2.705426, 2.674402, 2.564183, 2.517431 ] }, { "date": "2024-11-22", "close": 2.682675, "volume": 747258166, "typical_volume": 300588775.55, "trend": 2.483419, "fair_value": 2.45788, "relative_strength": 1.95397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.360493, "energy": 38.039058, "activity_lines": [ 2.70037, 2.687674, 2.581923, 2.530917 ] }, { "date": "2024-11-29", "close": 2.739552, "volume": 328623403, "typical_volume": 308125608.0, "trend": 2.493578, "fair_value": 2.457987, "relative_strength": 2.160855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.518477, "energy": 39.497227, "activity_lines": [ 2.715537, 2.703875, 2.603861, 2.547442 ] }, { "date": "2024-12-06", "close": 2.805908, "volume": 360248893, "typical_volume": 317939699.05, "trend": 2.505646, "fair_value": 2.458738, "relative_strength": 2.139257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.770692, "energy": 40.732125, "activity_lines": [ 2.747135, 2.72404, 2.630584, 2.567592 ] }, { "date": "2024-12-13", "close": 2.796428, "volume": 497576534, "typical_volume": 334929289.35, "trend": 2.514661, "fair_value": 2.459373, "relative_strength": 2.052127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.26459, "energy": 39.896834, "activity_lines": [ 2.765462, 2.738345, 2.654373, 2.586352 ] }, { "date": "2024-12-20", "close": 2.701634, "volume": 362621157, "typical_volume": 344260764.0, "trend": 2.521125, "fair_value": 2.459347, "relative_strength": -0.723753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.174257, "energy": 34.736958, "activity_lines": [ 2.751559, 2.736105, 2.667012, 2.598415 ] }, { "date": "2024-12-27", "close": 2.758511, "volume": 401922493, "typical_volume": 357343676.2, "trend": 2.531005, "fair_value": 2.459848, "relative_strength": 0.333017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.79509, "energy": 35.359117, "activity_lines": [ 2.755983, 2.742827, 2.683668, 2.61373 ] }, { "date": "2025-01-03", "close": 2.578402, "volume": 341912645, "typical_volume": 367559458.25, "trend": 2.537008, "fair_value": 2.459031, "relative_strength": -0.771643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.081258, "energy": 17.872965, "activity_lines": [ 2.695315, 2.715767, 2.681411, 2.616788 ] }, { "date": "2025-01-10", "close": 2.549964, "volume": 250875966, "typical_volume": 370534739.45, "trend": 2.54238, "fair_value": 2.457978, "relative_strength": -0.548308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.936037, "energy": 16.42844, "activity_lines": [ 2.63591, 2.684916, 2.675588, 2.617624 ] }, { "date": "2025-01-17", "close": 2.625799, "volume": 261694962, "typical_volume": 372952388.8, "trend": 2.551228, "fair_value": 2.457411, "relative_strength": 0.101519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.323327, "energy": 16.517803, "activity_lines": [ 2.618848, 2.669749, 2.676311, 2.623006 ] }, { "date": "2025-01-24", "close": 2.655115, "volume": 241276163, "typical_volume": 375973094.15, "trend": 2.560736, "fair_value": 2.456107, "relative_strength": 0.886458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.510895, "energy": 16.970374, "activity_lines": [ 2.622932, 2.662842, 2.678516, 2.629708 ] }, { "date": "2025-01-31", "close": 2.68408, "volume": 54746718, "typical_volume": 372374676.3, "trend": 2.569314, "fair_value": 2.455098, "relative_strength": 2.084641, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.89377, "energy": 12.92506, "activity_lines": [ 2.639772, 2.661875, 2.681805, 2.637666 ] }, { "date": "2025-02-07", "close": 2.693735, "volume": 158116031, "typical_volume": 376339576.05, "trend": 2.578531, "fair_value": 2.453934, "relative_strength": 0.853309, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.047044, "energy": 15.994353, "activity_lines": [ 2.664793, 2.662638, 2.684066, 2.645693 ] }, { "date": "2025-02-14", "close": 2.66477, "volume": 228662354, "typical_volume": 366452794.15, "trend": 2.588045, "fair_value": 2.452909, "relative_strength": -1.441899, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.603504, "energy": 18.017369, "activity_lines": [ 2.672471, 2.658967, 2.681666, 2.651257 ] }, { "date": "2025-02-21", "close": 2.62615, "volume": 261249050, "typical_volume": 369857651.45, "trend": 2.59722, "fair_value": 2.451638, "relative_strength": -3.711496, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.573119, "energy": 13.29953, "activity_lines": [ 2.659621, 2.650841, 2.675176, 2.653715 ] }, { "date": "2025-02-28", "close": 2.62615, "volume": 190552228, "typical_volume": 347999088.3, "trend": 2.6045, "fair_value": 2.45129, "relative_strength": -1.998933, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.092233, "energy": 9.081161, "activity_lines": [ 2.646747, 2.645811, 2.669677, 2.655582 ] }, { "date": "2025-03-07", "close": 2.597185, "volume": 167097230, "typical_volume": 332484574.45, "trend": 2.611445, "fair_value": 2.449779, "relative_strength": -4.538478, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.466275, "energy": 12.477232, "activity_lines": [ 2.62615, 2.636887, 2.661418, 2.65511 ] }, { "date": "2025-03-14", "close": 2.655115, "volume": 191559014, "typical_volume": 326360199.05, "trend": 2.620006, "fair_value": 2.448801, "relative_strength": -3.758482, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 8.129965, "energy": 13.607647, "activity_lines": [ 2.630656, 2.641429, 2.659173, 2.657927 ] }, { "date": "2025-03-21", "close": 2.693735, "volume": 293766009, "typical_volume": 318291983.75, "trend": 2.629538, "fair_value": 2.448724, "relative_strength": -0.845267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.909241, "energy": 6.555998, "activity_lines": [ 2.650609, 2.651598, 2.660603, 2.662684 ] }, { "date": "2025-03-28", "close": 2.674425, "volume": 168248645, "typical_volume": 297737855.7, "trend": 2.640322, "fair_value": 2.448414, "relative_strength": -1.237364, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.449702, "energy": 10.111547, "activity_lines": [ 2.662195, 2.655642, 2.660005, 2.66558 ] }, { "date": "2025-04-04", "close": 2.732355, "volume": 217185223, "typical_volume": 286259644.2, "trend": 2.654618, "fair_value": 2.449074, "relative_strength": 1.074143, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.563786, "energy": 31.50851, "activity_lines": [ 2.689873, 2.669334, 2.66546, 2.671518 ] }, { "date": "2025-04-11", "close": 2.558565, "volume": 393036171, "typical_volume": 268548544.45, "trend": 2.664068, "fair_value": 2.449055, "relative_strength": -2.353766, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.899221, "energy": 11.404671, "activity_lines": [ 2.65254, 2.650024, 2.654173, 2.665321 ] }, { "date": "2025-04-18", "close": 2.616495, "volume": 202670360, "typical_volume": 262250892.3, "trend": 2.674817, "fair_value": 2.449624, "relative_strength": -1.340054, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.74352, "energy": 29.281994, "activity_lines": [ 2.637092, 2.643529, 2.648993, 2.662252 ] }, { "date": "2025-04-25", "close": 2.64546, "volume": 300276989, "typical_volume": 259252297.1, "trend": 2.677052, "fair_value": 2.449346, "relative_strength": -0.871842, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.654201, "energy": 31.404454, "activity_lines": [ 2.633874, 2.643705, 2.647159, 2.660358 ] }, { "date": "2025-05-02", "close": 2.60684, "volume": 183427655, "typical_volume": 243544853.15, "trend": 2.669469, "fair_value": 2.448603, "relative_strength": -1.866673, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.566798, "energy": 37.774454, "activity_lines": [ 2.621001, 2.637209, 2.64241, 2.655828 ] }, { "date": "2025-05-09", "close": 2.68408, "volume": 218064246, "typical_volume": 236317007.6, "trend": 2.671411, "fair_value": 2.448627, "relative_strength": -0.929593, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.238599, "energy": 18.520686, "activity_lines": [ 2.63838, 2.645109, 2.64592, 2.65677 ] }, { "date": "2025-05-16", "close": 2.732355, "volume": 348881898, "typical_volume": 233664977.85, "trend": 2.672435, "fair_value": 2.449776, "relative_strength": 0.064669, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.300316, "energy": 12.987761, "activity_lines": [ 2.675069, 2.660732, 2.654111, 2.660702 ] }, { "date": "2025-05-23", "close": 2.742009, "volume": 266505441, "typical_volume": 229894617.65, "trend": 2.675361, "fair_value": 2.451585, "relative_strength": 0.97384, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.604457, "energy": 25.082085, "activity_lines": [ 2.70339, 2.675654, 2.663346, 2.665191 ] }, { "date": "2025-05-30", "close": 2.79994, "volume": 268624831, "typical_volume": 230782060.9, "trend": 2.680218, "fair_value": 2.4542, "relative_strength": 3.039588, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.297601, "energy": 49.212728, "activity_lines": [ 2.742653, 2.699528, 2.67732, 2.673228 ] }, { "date": "2025-06-06", "close": 2.858036, "volume": 343011342, "typical_volume": 234847879.9, "trend": 2.682587, "fair_value": 2.456971, "relative_strength": 3.857681, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.919936, "energy": 72.808393, "activity_lines": [ 2.790984, 2.732034, 2.695636, 2.6847 ] }, { "date": "2025-06-13", "close": 2.867857, "volume": 303683724, "typical_volume": 237968257.95, "trend": 2.688444, "fair_value": 2.459749, "relative_strength": 4.320755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.230981, "energy": 76.000758, "activity_lines": [ 2.825841, 2.762987, 2.713781, 2.696653 ] }, { "date": "2025-06-20", "close": 2.966071, "volume": 316008786, "typical_volume": 251031361.35, "trend": 2.697891, "fair_value": 2.463212, "relative_strength": 8.19841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.895285, "energy": 84.270541, "activity_lines": [ 2.881185, 2.809334, 2.740267, 2.714565 ] }, { "date": "2025-06-27", "close": 2.995536, "volume": 496103219, "typical_volume": 267930720.75, "trend": 2.706424, "fair_value": 2.466646, "relative_strength": 7.028134, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.761529, "energy": 83.606231, "activity_lines": [ 2.93077, 2.853629, 2.768217, 2.733768 ] }, { "date": "2025-07-04", "close": 3.074107, "volume": 414310151, "typical_volume": 277213110.6, "trend": 2.715363, "fair_value": 2.469986, "relative_strength": 8.154685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.694187, "energy": 86.19528, "activity_lines": [ 2.989643, 2.905318, 2.802212, 2.757489 ] }, { "date": "2025-07-11", "close": 3.1625, "volume": 542786956, "typical_volume": 291290005.9, "trend": 2.727566, "fair_value": 2.474005, "relative_strength": 9.838983, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.554356, "energy": 92.779945, "activity_lines": [ 3.059702, 2.965284, 2.842677, 2.786337 ] }, { "date": "2025-07-18", "close": 3.074107, "volume": 368153084, "typical_volume": 300170048.7, "trend": 2.739982, "fair_value": 2.47757, "relative_strength": 5.856197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.87253, "energy": 80.299738, "activity_lines": [ 3.08, 2.999077, 2.872169, 2.808694 ] }, { "date": "2025-07-25", "close": 3.015178, "volume": 400461388, "typical_volume": 311838256.6, "trend": 2.748537, "fair_value": 2.4807, "relative_strength": 2.055724, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.623367, "energy": 66.69407, "activity_lines": [ 3.066905, 3.015063, 2.893915, 2.826449 ] }, { "date": "2025-08-01", "close": 2.926786, "volume": 370718593, "typical_volume": 320796235.55, "trend": 2.76015, "fair_value": 2.483658, "relative_strength": 0.017196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.87992, "energy": 48.709259, "activity_lines": [ 3.021071, 3.009836, 2.905253, 2.837949 ] }, { "date": "2025-08-08", "close": 2.946429, "volume": 303639176, "typical_volume": 321289893.9, "trend": 2.773365, "fair_value": 2.487248, "relative_strength": -1.338276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.772096, "energy": 31.716495, "activity_lines": [ 2.986369, 3.004821, 2.917168, 2.849967 ] }, { "date": "2025-08-15", "close": 2.8875, "volume": 279658872, "typical_volume": 326860405.25, "trend": 2.782089, "fair_value": 2.490066, "relative_strength": -4.808324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.623196, "energy": 24.386931, "activity_lines": [ 2.940536, 2.986429, 2.922267, 2.85733 ] }, { "date": "2025-08-22", "close": 2.926786, "volume": 356154184, "typical_volume": 333808853.3, "trend": 2.791145, "fair_value": 2.492968, "relative_strength": -6.594421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.846036, "energy": 24.397091, "activity_lines": [ 2.926131, 2.974643, 2.930094, 2.866665 ] }, { "date": "2025-08-29", "close": 2.926786, "volume": 370221314, "typical_volume": 332668110.45, "trend": 2.799235, "fair_value": 2.496319, "relative_strength": -7.224047, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.58358, "energy": 20.768606, "activity_lines": [ 2.921548, 2.961786, 2.936994, 2.875416 ] }, { "date": "2025-09-05", "close": 2.867857, "volume": 343987226, "typical_volume": 339733953.75, "trend": 2.805039, "fair_value": 2.498843, "relative_strength": -7.834414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.397552, "energy": 17.804114, "activity_lines": [ 2.903214, 2.938929, 2.936529, 2.879844 ] }, { "date": "2025-09-12", "close": 2.897321, "volume": 226127685, "typical_volume": 336026488.55, "trend": 2.812791, "fair_value": 2.501725, "relative_strength": -8.083834, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.838282, "energy": 12.489011, "activity_lines": [ 2.898631, 2.92375, 2.937673, 2.885797 ] }, { "date": "2025-09-19", "close": 2.828572, "volume": 300956822, "typical_volume": 341902946.9, "trend": 2.819538, "fair_value": 2.504165, "relative_strength": -8.868015, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.565089, "energy": 10.456062, "activity_lines": [ 2.874405, 2.899286, 2.931069, 2.886816 ] }, { "date": "2025-09-26", "close": 2.769643, "volume": 204953082, "typical_volume": 341247388.7, "trend": 2.824321, "fair_value": 2.505891, "relative_strength": -10.717652, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.868335, "energy": 23.322183, "activity_lines": [ 2.834464, 2.870179, 2.917798, 2.883597 ] }, { "date": "2025-10-03", "close": 2.75, "volume": 73054965, "typical_volume": 327456042.05, "trend": 2.829415, "fair_value": 2.507322, "relative_strength": -12.305142, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.341014, "energy": 50.148261, "activity_lines": [ 2.798452, 2.843036, 2.902249, 2.878802 ] }, { "date": "2025-10-10", "close": 2.799107, "volume": 81033575, "typical_volume": 318182448.75, "trend": 2.834215, "fair_value": 2.509686, "relative_strength": -10.858056, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.028429, "energy": 52.008194, "activity_lines": [ 2.790595, 2.829643, 2.891292, 2.876846 ] }, { "date": "2025-10-17", "close": 2.848214, "volume": 256888366, "typical_volume": 317595625.5, "trend": 2.839364, "fair_value": 2.512084, "relative_strength": -7.750644, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.016778, "energy": 43.87528, "activity_lines": [ 2.80369, 2.8275, 2.884741, 2.877749 ] }, { "date": "2025-10-24", "close": 2.877679, "volume": 257701199, "typical_volume": 313330118.35, "trend": 2.846139, "fair_value": 2.515233, "relative_strength": -9.240012, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.339649, "energy": 16.591365, "activity_lines": [ 2.829881, 2.8325, 2.880765, 2.880221 ] }, { "date": "2025-10-31", "close": 2.779464, "volume": 249745730, "typical_volume": 310633218.65, "trend": 2.847709, "fair_value": 2.517752, "relative_strength": -12.208925, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.862213, "energy": 16.661755, "activity_lines": [ 2.820059, 2.819821, 2.867343, 2.87592 ] }, { "date": "2025-11-07", "close": 2.828572, "volume": 182367249, "typical_volume": 303951141.8, "trend": 2.85671, "fair_value": 2.521037, "relative_strength": -11.401412, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.656214, "energy": 9.746291, "activity_lines": [ 2.825953, 2.81875, 2.859018, 2.874685 ] }, { "date": "2025-11-14", "close": 2.848214, "volume": 260292140, "typical_volume": 292160587.85, "trend": 2.864434, "fair_value": 2.525178, "relative_strength": -10.424351, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.231446, "energy": 8.638314, "activity_lines": [ 2.833155, 2.823036, 2.853219, 2.874137 ] }, { "date": "2025-11-21", "close": 2.720536, "volume": 271223932, "typical_volume": 285006276.9, "trend": 2.866936, "fair_value": 2.527995, "relative_strength": -10.727568, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.055549, "energy": 47.487029, "activity_lines": [ 2.794524, 2.804464, 2.835961, 2.864853 ] }, { "date": "2025-11-28", "close": 2.720536, "volume": 156211445, "typical_volume": 265677501.35, "trend": 2.870726, "fair_value": 2.530587, "relative_strength": -11.695631, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.636357, "energy": 58.185805, "activity_lines": [ 2.764405, 2.789107, 2.820387, 2.855408 ] }, { "date": "2025-12-05", "close": 2.75, "volume": 153255815, "typical_volume": 254932637.9, "trend": 2.872923, "fair_value": 2.533423, "relative_strength": -10.805261, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.466511, "energy": 59.850863, "activity_lines": [ 2.754583, 2.781072, 2.809724, 2.847619 ] }, { "date": "2025-12-12", "close": 2.671429, "volume": 176367272, "typical_volume": 243727932.1, "trend": 2.870892, "fair_value": 2.535307, "relative_strength": -12.761564, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.063722, "energy": 74.293418, "activity_lines": [ 2.720536, 2.759107, 2.793121, 2.83462 ] }, { "date": "2025-12-19", "close": 2.720536, "volume": 143866245, "typical_volume": 232385314.7, "trend": 2.870177, "fair_value": 2.537561, "relative_strength": -10.959416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.85116, "energy": 67.110446, "activity_lines": [ 2.713334, 2.7475, 2.782832, 2.824919 ] }, { "date": "2025-12-26", "close": 2.710714, "volume": 114013644, "typical_volume": 222904038.1, "trend": 2.867202, "fair_value": 2.539471, "relative_strength": -12.647496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.702651, "energy": 59.306144, "activity_lines": [ 2.711369, 2.735536, 2.772589, 2.814631 ] }, { "date": "2026-01-02", "close": 2.710714, "volume": 71562573, "typical_volume": 212499223.15, "trend": 2.862292, "fair_value": 2.541606, "relative_strength": -12.503436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.852727, "energy": 52.285565, "activity_lines": [ 2.710059, 2.726071, 2.763469, 2.804535 ] }, { "date": "2026-01-09", "close": 2.720536, "volume": 129838862, "typical_volume": 201183457.05, "trend": 2.857381, "fair_value": 2.544535, "relative_strength": -15.11473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.835238, "energy": 39.990155, "activity_lines": [ 2.712679, 2.721429, 2.756127, 2.79539 ] }, { "date": "2026-01-16", "close": 2.700893, "volume": 212768093, "typical_volume": 193310796.0, "trend": 2.848542, "fair_value": 2.547283, "relative_strength": -15.028953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.348518, "energy": 39.54495, "activity_lines": [ 2.710714, 2.714286, 2.747895, 2.785294 ] }, { "date": "2026-01-23", "close": 2.720536, "volume": 189772142, "typical_volume": 185600041.8, "trend": 2.839375, "fair_value": 2.550099, "relative_strength": -14.784418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.534996, "energy": 31.986731, "activity_lines": [ 2.713333, 2.713036, 2.742611, 2.777035 ] }, { "date": "2026-01-30", "close": 2.759821, "volume": 277233985, "typical_volume": 188155356.8, "trend": 2.828899, "fair_value": 2.553168, "relative_strength": -12.833735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.233824, "energy": 24.589249, "activity_lines": [ 2.729048, 2.72125, 2.741769, 2.771903 ] }, { "date": "2026-02-06", "close": 2.8, "volume": 280385452, "typical_volume": 187126788.3, "trend": 2.816816, "fair_value": 2.5561, "relative_strength": -10.140969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.466158, "energy": 12.972241, "activity_lines": [ 2.754881, 2.736055, 2.745408, 2.770038 ] }, { "date": "2026-02-13", "close": 2.77, "volume": 234473244, "typical_volume": 188602796.4, "trend": 2.806679, "fair_value": 2.559009, "relative_strength": -11.200704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.260925, "energy": 16.73354, "activity_lines": [ 2.764762, 2.743961, 2.746327, 2.767018 ] }, { "date": "2026-02-27", "close": 2.79, "volume": 163465061, "typical_volume": 193123301.2, "trend": 2.799173, "fair_value": 2.561877, "relative_strength": -12.059012, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.892363, "energy": 15.406168, "activity_lines": [ 2.778012, 2.75514, 2.749148, 2.765942 ] }, { "date": "2026-03-06", "close": 2.77, "volume": 252357446, "typical_volume": 201689494.75, "trend": 2.793946, "fair_value": 2.564842, "relative_strength": -11.604631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.80733, "energy": 14.481988, "activity_lines": [ 2.778655, 2.760526, 2.749874, 2.76406 ] }, { "date": "2026-03-13", "close": 2.85, "volume": 277348574, "typical_volume": 202712505.15, "trend": 2.790732, "fair_value": 2.568095, "relative_strength": -8.241007, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.912009, "energy": 28.021137, "activity_lines": [ 2.802667, 2.779558, 2.758358, 2.767676 ] }, { "date": "2026-03-20", "close": 2.8, "volume": 277634146, "typical_volume": 203709152.5, "trend": 2.787816, "fair_value": 2.570803, "relative_strength": -6.534733, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.842445, "energy": 27.431365, "activity_lines": [ 2.804, 2.786968, 2.762071, 2.768274 ] }, { "date": "2026-03-27", "close": 2.76, "volume": 393924586, "typical_volume": 210918095.3, "trend": 2.782256, "fair_value": 2.573535, "relative_strength": -6.62383, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 8.929543, "energy": 10.697056, "activity_lines": [ 2.792, 2.785481, 2.762345, 2.76648 ] }, { "date": "2026-04-03", "close": 2.68, "volume": 220529530, "typical_volume": 212826209.35, "trend": 2.77403, "fair_value": 2.575811, "relative_strength": -8.293983, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.092699, "energy": 17.579924, "activity_lines": [ 2.754, 2.768731, 2.755093, 2.759883 ] }, { "date": "2026-04-10", "close": 2.62905, "volume": 146765763, "typical_volume": 207149890.5, "trend": 2.76607, "fair_value": 2.577929, "relative_strength": -12.077764, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.126745, "energy": 37.454413, "activity_lines": [ 2.70635, 2.743097, 2.743695, 2.750529 ] }, { "date": "2026-04-17", "close": 2.61924, "volume": 138592825, "typical_volume": 200518335.15, "trend": 2.7568, "fair_value": 2.580152, "relative_strength": -13.497013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.366539, "energy": 54.704089, "activity_lines": [ 2.664827, 2.717343, 2.732407, 2.741056 ] }, { "date": "2026-04-24", "close": 2.668289, "volume": 208799348, "typical_volume": 203147730.3, "trend": 2.751457, "fair_value": 2.58269, "relative_strength": -12.165576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.65687, "energy": 59.550714, "activity_lines": [ 2.655037, 2.703063, 2.726273, 2.735346 ] }, { "date": "2026-05-01", "close": 2.63886, "volume": 190743018, "typical_volume": 205022090.45, "trend": 2.747098, "fair_value": 2.584815, "relative_strength": -13.455595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.372624, "energy": 62.320256, "activity_lines": [ 2.644218, 2.685827, 2.717584, 2.728081 ] }, { "date": "2026-05-08", "close": 2.61924, "volume": 114167874, "typical_volume": 201912120.55, "trend": 2.742739, "fair_value": 2.58687, "relative_strength": -15.121598, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.863538, "energy": 58.613314, "activity_lines": [ 2.634936, 2.667408, 2.707557, 2.719832 ] }, { "date": "2026-05-15", "close": 2.540761, "volume": 160166630, "typical_volume": 202727139.8, "trend": 2.734128, "fair_value": 2.588196, "relative_strength": -16.366318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.365734, "energy": 63.325461, "activity_lines": [ 2.603544, 2.637825, 2.690303, 2.706802 ] }, { "date": "2026-05-22", "close": 2.511331, "volume": 126672029, "typical_volume": 203360059.05, "trend": 2.722898, "fair_value": 2.588885, "relative_strength": -16.443818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.108369, "energy": 73.31718, "activity_lines": [ 2.568229, 2.607059, 2.671103, 2.692428 ] }, { "date": "2026-05-29", "close": 2.511331, "volume": 126404988, "typical_volume": 206102179.8, "trend": 2.710687, "fair_value": 2.589404, "relative_strength": -15.082779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.025131, "energy": 76.030433, "activity_lines": [ 2.540107, 2.58245, 2.652852, 2.678778 ] }, { "date": "2026-06-05", "close": 2.56038, "volume": 31498150, "typical_volume": 201185144.2, "trend": 2.703384, "fair_value": 2.590576, "relative_strength": -12.079613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.47198, "energy": 71.793851, "activity_lines": [ 2.538799, 2.572009, 2.640222, 2.669081 ] }, { "date": "2026-06-12", "close": 2.68, "volume": 34183400, "typical_volume": 192255909.55, "trend": 2.698432, "fair_value": 2.592908, "relative_strength": -7.617229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.338078, "energy": 39.687088, "activity_lines": [ 2.582596, 2.586945, 2.639748, 2.667572 ] }, { "date": "2026-06-19", "close": 2.55, "volume": 130955367, "typical_volume": 189315070.8, "trend": 2.688491, "fair_value": 2.594406, "relative_strength": -12.83961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.805812, "energy": 33.296468, "activity_lines": [ 2.579009, 2.578246, 2.626991, 2.657996 ] }, { "date": "2026-06-26", "close": 2.48, "volume": 28947060, "typical_volume": 176900724.55, "trend": 2.680473, "fair_value": 2.595287, "relative_strength": -13.279118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.300802, "energy": 43.67405, "activity_lines": [ 2.551473, 2.558256, 2.60838, 2.644545 ] }, { "date": "2026-07-03", "close": 2.49, "volume": 31378630, "typical_volume": 164450383.45, "trend": 2.672789, "fair_value": 2.59646, "relative_strength": -12.669489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.62246, "energy": 47.969837, "activity_lines": [ 2.529359, 2.542616, 2.592054, 2.632256 ] }, { "date": "2026-07-10", "close": 2.49, "volume": 170004016, "typical_volume": 161226922.05, "trend": 2.664122, "fair_value": 2.597866, "relative_strength": -10.995335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.027587, "energy": 71.016025, "activity_lines": [ 2.508667, 2.530218, 2.577204, 2.620464 ] }, { "date": "2026-07-17", "close": 2.58, "volume": 279454799, "typical_volume": 167026408.95, "trend": 2.661074, "fair_value": 2.599732, "relative_strength": -1.511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.513195, "energy": 52.887318, "activity_lines": [ 2.522667, 2.53689, 2.572259, 2.615036 ] }, { "date": "2026-07-24", "close": 2.56, "volume": 300612282, "typical_volume": 169439150.75, "trend": 2.655723, "fair_value": 2.60147, "relative_strength": -3.024537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.026233, "energy": 34.76757, "activity_lines": [ 2.536667, 2.540639, 2.566409, 2.608515 ] }, { "date": "2026-07-31", "close": 2.66, "volume": 298155385, "typical_volume": 170479491.3, "trend": 2.654033, "fair_value": 2.603732, "relative_strength": 0.694071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.4648, "energy": 13.452801, "activity_lines": [ 2.583333, 2.56222, 2.571083, 2.608791 ] }, { "date": "2026-08-07", "close": 2.54, "volume": 306631141, "typical_volume": 171929341.05, "trend": 2.648342, "fair_value": 2.605108, "relative_strength": -6.013275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.23368, "energy": 20.228089, "activity_lines": [ 2.578, 2.55928, 2.565233, 2.601434 ] } ], "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." } } }