{ "ticker": { "uuid": "e256e2a4-406c-4746-8135-40957756aa74", "symbol": "603126", "name": "Sinoma Energy Conservation 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "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": -65.435, "architecture_energy": 78.493, "architecture_maturity": 20.853, "architecture_confidence": 88.267, "architecture_tenure": "New", "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": 14.31, "rotation_up": 11.34, "upward_expansion": 18.79, "deceleration": 38.93, "rotation_down": 72.47, "downward_expansion": 92.13 }, "activity_lines": [ 5.847333, 6.109638, 6.787794, 7.07531 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 5.96, "trend_reference": 7.318841, "distance_from_trend": -0.185663, "trend_direction": "Weakening", "fair_value": 6.552921, "distance_from_fair_value": -0.090482, "fair_value_direction": "Weakening", "relative_strength": -16.114793, "relative_strength_direction": "Weakening", "price_momentum": -0.189116, "excess_performance": -0.145912, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.185663, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.027807, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.090482, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.367808, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.161148, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.266786, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.189116, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.704422, "read": "Supply-led" } ], "volume": { "latest": 38222807, "relative_activity": 0.738044, "balance": 0.704422, "dry_up": 0.817322, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.098539, "annualized_volatility": 0.330459, "from_high_reference": -0.397797, "from_low_reference": 0.097606 }, "levels": { "trend_reference": 7.318841, "fair_value_reference": 6.552921, "structural_low": 5.43, "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": 26, "median_return": -0.014589, "positive_rate": 0.346154, "directional_follow_through": 0.653846, "median_excess_return": -0.003609, "regime_survival": 0.807692, "best_return": 0.22541, "worst_return": -0.100536, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.061017, "positive_rate": 0.222222, "directional_follow_through": 0.777778, "median_excess_return": -0.038516, "regime_survival": 0.666667, "best_return": 0.329918, "worst_return": -0.151773, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.100304, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.036179, "regime_survival": 0.5, "best_return": 0.440574, "worst_return": -0.223725, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.247918, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.092181, "regime_survival": 0.333333, "best_return": 0.392564, "worst_return": -0.311913, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.018242, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-23", "end": "2025-07-04", "tenure": "Developing", "return": 0.022311, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": 0.05625, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": 0.099698, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": -0.058156, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": 0.05287, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-12-19", "tenure": "Developing", "return": -0.057024, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-02-06", "tenure": "Developing", "return": 0.187683, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-04-03", "tenure": "Developing", "return": -0.038058, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.013819, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-06-12", "tenure": "Developing", "return": -0.077017, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": -0.064516, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.079491, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.075812, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.686526, "volume": 29078538, "typical_volume": 62223416.3, "trend": 7.659031, "fair_value": 7.27034, "relative_strength": 1.365813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.11476, "energy": 8.79732, "activity_lines": [ 7.628131, 7.620677, 7.739357, 7.754881 ] }, { "date": "2023-08-04", "close": 7.725894, "volume": 28445036, "typical_volume": 54698201.95, "trend": 7.693832, "fair_value": 7.293239, "relative_strength": 1.373176, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.908168, "energy": 5.587712, "activity_lines": [ 7.661593, 7.63559, 7.728834, 7.759194 ] }, { "date": "2023-08-11", "close": 7.312534, "volume": 22579553, "typical_volume": 48452674.1, "trend": 7.707399, "fair_value": 7.313855, "relative_strength": -1.189742, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.108092, "energy": 27.977777, "activity_lines": [ 7.550052, 7.576878, 7.681474, 7.734595 ] }, { "date": "2023-08-18", "close": 7.29285, "volume": 22213796, "typical_volume": 46562996.05, "trend": 7.724199, "fair_value": 7.332451, "relative_strength": 0.100687, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.595932, "energy": 46.807788, "activity_lines": [ 7.451633, 7.523102, 7.635674, 7.707849 ] }, { "date": "2023-08-25", "close": 7.08617, "volume": 23018204, "typical_volume": 44249363.7, "trend": 7.722764, "fair_value": 7.34899, "relative_strength": -0.798507, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.017936, "energy": 65.78329, "activity_lines": [ 7.311878, 7.437085, 7.572422, 7.666686 ] }, { "date": "2023-09-01", "close": 7.056644, "volume": 29100084, "typical_volume": 39334830.05, "trend": 7.715156, "fair_value": 7.364729, "relative_strength": -3.267825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.773528, "energy": 72.398767, "activity_lines": [ 7.190494, 7.35727, 7.510638, 7.623711 ] }, { "date": "2023-09-08", "close": 7.007435, "volume": 21399125, "typical_volume": 36420726.15, "trend": 7.698128, "fair_value": 7.379603, "relative_strength": -3.248231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.60088, "energy": 74.861795, "activity_lines": [ 7.0947, 7.274956, 7.450489, 7.578051 ] }, { "date": "2023-09-15", "close": 7.007435, "volume": 14842522, "typical_volume": 34817792.2, "trend": 7.686287, "fair_value": 7.394599, "relative_strength": -3.148663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.358096, "energy": 75.025679, "activity_lines": [ 7.046802, 7.203736, 7.393652, 7.533491 ] }, { "date": "2023-09-22", "close": 6.909016, "volume": 17311730, "typical_volume": 34531495.7, "trend": 7.667275, "fair_value": 7.410246, "relative_strength": -4.815118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.213702, "energy": 73.911596, "activity_lines": [ 6.986439, 7.125538, 7.331171, 7.483344 ] }, { "date": "2023-09-29", "close": 6.958226, "volume": 12255568, "typical_volume": 28563505.55, "trend": 7.641473, "fair_value": 7.426576, "relative_strength": -3.473121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.10679, "energy": 68.011999, "activity_lines": [ 6.968068, 7.070781, 7.278455, 7.437599 ] }, { "date": "2023-10-13", "close": 6.584233, "volume": 24869850, "typical_volume": 26529005.45, "trend": 7.588941, "fair_value": 7.44063, "relative_strength": -7.95624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.323149, "energy": 72.231695, "activity_lines": [ 6.833561, 6.958047, 7.196353, 7.36939 ] }, { "date": "2023-10-20", "close": 6.348027, "volume": 15370027, "typical_volume": 24925883.4, "trend": 7.525293, "fair_value": 7.45262, "relative_strength": -8.191616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.286874, "energy": 83.543557, "activity_lines": [ 6.651814, 6.822407, 7.099122, 7.289331 ] }, { "date": "2023-10-27", "close": 6.662968, "volume": 20599984, "typical_volume": 23712859.6, "trend": 7.479599, "fair_value": 7.468217, "relative_strength": -4.786504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.506656, "energy": 70.32299, "activity_lines": [ 6.619008, 6.769082, 7.038847, 7.233697 ] }, { "date": "2023-11-03", "close": 6.544866, "volume": 19115122, "typical_volume": 22964162.85, "trend": 7.439047, "fair_value": 7.481775, "relative_strength": -6.860254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.700163, "energy": 71.504254, "activity_lines": [ 6.569798, 6.706094, 6.972648, 7.173392 ] }, { "date": "2023-11-10", "close": 6.574391, "volume": 18882257, "typical_volume": 21995691.65, "trend": 7.392022, "fair_value": 7.494728, "relative_strength": -6.700923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.393875, "energy": 58.031673, "activity_lines": [ 6.554707, 6.662074, 6.91422, 7.117607 ] }, { "date": "2023-11-17", "close": 6.653127, "volume": 19561124, "typical_volume": 21988633.2, "trend": 7.334329, "fair_value": 7.50733, "relative_strength": -6.007082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.578117, "energy": 48.954615, "activity_lines": [ 6.591451, 6.641674, 6.868758, 7.069937 ] }, { "date": "2023-11-24", "close": 6.869648, "volume": 64903893, "typical_volume": 23764398.85, "trend": 7.306548, "fair_value": 7.52016, "relative_strength": -2.533466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.756708, "energy": 34.521242, "activity_lines": [ 6.695775, 6.667979, 6.847527, 7.039957 ] }, { "date": "2023-12-01", "close": 6.938541, "volume": 25683157, "typical_volume": 23985201.8, "trend": 7.278145, "fair_value": 7.534715, "relative_strength": -1.288425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.905152, "energy": 23.627262, "activity_lines": [ 6.788288, 6.709315, 6.83642, 7.016215 ] }, { "date": "2023-12-08", "close": 6.692494, "volume": 24755999, "typical_volume": 24075880.3, "trend": 7.235381, "fair_value": 7.545127, "relative_strength": -2.615401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.357973, "energy": 21.832999, "activity_lines": [ 6.780415, 6.707167, 6.805067, 6.978431 ] }, { "date": "2023-12-15", "close": 6.820439, "volume": 26441566, "typical_volume": 24021356.75, "trend": 7.187156, "fair_value": 7.553306, "relative_strength": 0.208034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.634002, "energy": 20.115541, "activity_lines": [ 6.805348, 6.732219, 6.790726, 6.951661 ] }, { "date": "2023-12-22", "close": 6.544866, "volume": 16279223, "typical_volume": 23381391.0, "trend": 7.134284, "fair_value": 7.560818, "relative_strength": -2.807508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.801198, "energy": 25.982987, "activity_lines": [ 6.72202, 6.709673, 6.75342, 6.910223 ] }, { "date": "2023-12-29", "close": 6.633442, "volume": 11708824, "typical_volume": 22544580.4, "trend": 7.095063, "fair_value": 7.568531, "relative_strength": -3.316799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.824892, "energy": 31.949231, "activity_lines": [ 6.675435, 6.703946, 6.729987, 6.87791 ] }, { "date": "2024-01-05", "close": 6.702336, "volume": 18960971, "typical_volume": 22363651.3, "trend": 7.059111, "fair_value": 7.577785, "relative_strength": -0.864763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.485042, "energy": 28.933073, "activity_lines": [ 6.667561, 6.705557, 6.718317, 6.852573 ] }, { "date": "2024-01-12", "close": 6.702336, "volume": 17571566, "typical_volume": 22131539.8, "trend": 7.029643, "fair_value": 7.587222, "relative_strength": 0.622553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.007301, "energy": 28.887337, "activity_lines": [ 6.675435, 6.706452, 6.709553, 6.829555 ] }, { "date": "2024-01-19", "close": 6.190557, "volume": 21347316, "typical_volume": 22047995.4, "trend": 6.978577, "fair_value": 7.588004, "relative_strength": -5.429054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.839021, "energy": 47.46282, "activity_lines": [ 6.512059, 6.611433, 6.65486, 6.775421 ] }, { "date": "2024-01-26", "close": 6.594075, "volume": 53045652, "typical_volume": 23245273.8, "trend": 6.951336, "fair_value": 7.592839, "relative_strength": -2.077679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.826439, "energy": 30.885173, "activity_lines": [ 6.525182, 6.596759, 6.642863, 6.750614 ] }, { "date": "2024-02-02", "close": 7.371585, "volume": 271708553, "typical_volume": 35760745.2, "trend": 6.943134, "fair_value": 7.602902, "relative_strength": 16.18985, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.32877, "energy": 3.54319, "activity_lines": [ 6.794194, 6.724525, 6.707116, 6.777727 ] }, { "date": "2024-02-09", "close": 5.609885, "volume": 199932058, "typical_volume": 45015222.0, "trend": 6.876538, "fair_value": 7.603444, "relative_strength": -15.574146, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.438094, "energy": 35.078285, "activity_lines": [ 6.426763, 6.522855, 6.601855, 6.691711 ] }, { "date": "2024-02-23", "close": 6.072454, "volume": 166124541, "typical_volume": 52455862.55, "trend": 6.822079, "fair_value": 7.609209, "relative_strength": -12.633012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.77712, "energy": 30.356026, "activity_lines": [ 6.286351, 6.429447, 6.547303, 6.639835 ] }, { "date": "2024-03-01", "close": 6.062612, "volume": 131493457, "typical_volume": 58417757.0, "trend": 6.773854, "fair_value": 7.609966, "relative_strength": -13.209899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.404937, "energy": 35.058301, "activity_lines": [ 6.184652, 6.345522, 6.495797, 6.590837 ] }, { "date": "2024-03-08", "close": 5.885458, "volume": 70057039, "typical_volume": 60677116.45, "trend": 6.713818, "fair_value": 7.61496, "relative_strength": -16.021595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.60956, "energy": 60.079829, "activity_lines": [ 6.03243, 6.243166, 6.431684, 6.533521 ] }, { "date": "2024-03-15", "close": 6.220083, "volume": 79081286, "typical_volume": 63862679.4, "trend": 6.663624, "fair_value": 7.621001, "relative_strength": -11.284566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.770816, "energy": 45.250402, "activity_lines": [ 6.038992, 6.213641, 6.402767, 6.501667 ] }, { "date": "2024-03-22", "close": 6.042928, "volume": 63162758, "typical_volume": 65990818.1, "trend": 6.621304, "fair_value": 7.624501, "relative_strength": -13.229291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.835497, "energy": 36.730123, "activity_lines": [ 6.063268, 6.159421, 6.357588, 6.461622 ] }, { "date": "2024-03-29", "close": 5.974035, "volume": 42500870, "typical_volume": 67160105.5, "trend": 6.577344, "fair_value": 7.62585, "relative_strength": -13.606037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.776216, "energy": 32.487322, "activity_lines": [ 6.035711, 6.104664, 6.3088, 6.419863 ] }, { "date": "2024-04-05", "close": 6.092138, "volume": 28087800, "typical_volume": 67620382.65, "trend": 6.544209, "fair_value": 7.605299, "relative_strength": -12.353227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.129351, "energy": 26.748789, "activity_lines": [ 6.054083, 6.084622, 6.273979, 6.388559 ] }, { "date": "2024-04-12", "close": 6.042928, "volume": 45273366, "typical_volume": 68905994.75, "trend": 6.510419, "fair_value": 7.575823, "relative_strength": -11.348055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.014525, "energy": 26.287158, "activity_lines": [ 6.054082, 6.057423, 6.236767, 6.356218 ] }, { "date": "2024-04-19", "close": 6.495656, "volume": 238058277, "typical_volume": 77563713.95, "trend": 6.493359, "fair_value": 7.552179, "relative_strength": -5.904957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.11472, "energy": 14.222733, "activity_lines": [ 6.194494, 6.122558, 6.245578, 6.355266 ] }, { "date": "2024-04-26", "close": 5.964193, "volume": 95816563, "typical_volume": 81070384.25, "trend": 6.458585, "fair_value": 7.52403, "relative_strength": -13.830341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.489758, "energy": 17.361559, "activity_lines": [ 6.139379, 6.10699, 6.205554, 6.321126 ] }, { "date": "2024-05-03", "close": 6.013403, "volume": 30225326, "typical_volume": 81343850.6, "trend": 6.428731, "fair_value": 7.501753, "relative_strength": -13.277226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.201628, "energy": 17.517954, "activity_lines": [ 6.105917, 6.093927, 6.174857, 6.292405 ] }, { "date": "2024-05-10", "close": 6.161032, "volume": 60911851, "typical_volume": 83067364.85, "trend": 6.402158, "fair_value": 7.4734, "relative_strength": -12.253089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.268119, "energy": 14.833212, "activity_lines": [ 6.119039, 6.10878, 6.161453, 6.275134 ] }, { "date": "2024-05-17", "close": 6.10198, "volume": 42607051, "typical_volume": 84383756.25, "trend": 6.386083, "fair_value": 7.450348, "relative_strength": -12.735105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.917549, "energy": 27.216765, "activity_lines": [ 6.107885, 6.111106, 6.145565, 6.255768 ] }, { "date": "2024-05-24", "close": 5.94451, "volume": 37450565, "typical_volume": 85670843.3, "trend": 6.372632, "fair_value": 7.424943, "relative_strength": -12.738305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.615406, "energy": 38.975791, "activity_lines": [ 6.040304, 6.080865, 6.11679, 6.227279 ] }, { "date": "2024-05-31", "close": 5.993719, "volume": 60605394, "typical_volume": 87753064.45, "trend": 6.350324, "fair_value": 7.409135, "relative_strength": -11.544958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.410353, "energy": 35.781466, "activity_lines": [ 6.025869, 6.064581, 6.095981, 6.202833 ] }, { "date": "2024-06-07", "close": 5.668936, "volume": 46141084, "typical_volume": 89181540.35, "trend": 6.321126, "fair_value": 7.388864, "relative_strength": -14.936602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.567378, "energy": 54.35152, "activity_lines": [ 5.901205, 5.99014, 6.047615, 6.158872 ] }, { "date": "2024-06-14", "close": 5.590201, "volume": 14958600, "typical_volume": 88862104.55, "trend": 6.28832, "fair_value": 7.360821, "relative_strength": -15.179928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.483436, "energy": 64.762963, "activity_lines": [ 5.77326, 5.906931, 5.996672, 6.111716 ] }, { "date": "2024-06-21", "close": 5.511466, "volume": 14560745, "typical_volume": 86937859.2, "trend": 6.250265, "fair_value": 7.328854, "relative_strength": -15.029406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.829351, "energy": 69.106294, "activity_lines": [ 5.657126, 5.818533, 5.941088, 6.061596 ] }, { "date": "2024-06-28", "close": 5.44542, "volume": 14867119, "typical_volume": 74095787.5, "trend": 6.20279, "fair_value": 7.292555, "relative_strength": -14.781058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.851215, "energy": 74.057054, "activity_lines": [ 5.558344, 5.72779, 5.88437, 6.009671 ] }, { "date": "2024-07-05", "close": 5.375479, "volume": 10987114, "typical_volume": 64648540.3, "trend": 6.150688, "fair_value": 7.26283, "relative_strength": -15.001427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.972012, "energy": 73.405428, "activity_lines": [ 5.469521, 5.643425, 5.830163, 5.956296 ] }, { "date": "2024-07-12", "close": 5.13568, "volume": 23687448, "typical_volume": 57526685.65, "trend": 6.098794, "fair_value": 7.232362, "relative_strength": -18.903782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.242328, "energy": 76.438545, "activity_lines": [ 5.341981, 5.526164, 5.754235, 5.890812 ] }, { "date": "2024-07-19", "close": 4.935849, "volume": 19152947, "typical_volume": 51909660.15, "trend": 6.035975, "fair_value": 7.206044, "relative_strength": -21.835855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.893951, "energy": 88.821873, "activity_lines": [ 5.183381, 5.388529, 5.663735, 5.815783 ] }, { "date": "2024-07-26", "close": 4.995798, "volume": 13690341, "typical_volume": 49091325.25, "trend": 5.984339, "fair_value": 7.179987, "relative_strength": -17.898678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.604266, "energy": 89.535761, "activity_lines": [ 5.088387, 5.28407, 5.584311, 5.748675 ] }, { "date": "2024-08-02", "close": 5.115697, "volume": 19588140, "typical_volume": 46116667.95, "trend": 5.933748, "fair_value": 7.157409, "relative_strength": -15.877465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.03877, "energy": 84.08808, "activity_lines": [ 5.067738, 5.221522, 5.520542, 5.692633 ] }, { "date": "2024-08-09", "close": 5.315529, "volume": 26033804, "typical_volume": 44260220.25, "trend": 5.887521, "fair_value": 7.132909, "relative_strength": -10.873262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.633599, "energy": 65.074055, "activity_lines": [ 5.13568, 5.210378, 5.481063, 5.652748 ] }, { "date": "2024-08-16", "close": 5.06574, "volume": 91199642, "typical_volume": 46695158.85, "trend": 5.832968, "fair_value": 7.105268, "relative_strength": -15.107414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.343914, "energy": 48.554977, "activity_lines": [ 5.124357, 5.166148, 5.421259, 5.59973 ] }, { "date": "2024-08-23", "close": 4.845924, "volume": 19400165, "typical_volume": 46260777.1, "trend": 5.788146, "fair_value": 7.080283, "relative_strength": -17.623151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.651502, "energy": 50.862579, "activity_lines": [ 5.044424, 5.092918, 5.344845, 5.53605 ] }, { "date": "2024-08-30", "close": 4.935849, "volume": 15285600, "typical_volume": 44761388.8, "trend": 5.732872, "fair_value": 7.06037, "relative_strength": -15.267708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.224619, "energy": 49.788248, "activity_lines": [ 5.000461, 5.049571, 5.28293, 5.481063 ] }, { "date": "2024-09-06", "close": 4.875899, "volume": 12167200, "typical_volume": 33466834.95, "trend": 5.649683, "fair_value": 7.040874, "relative_strength": -13.538509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.649099, "energy": 55.583013, "activity_lines": [ 4.940511, 5.00579, 5.220578, 5.425774 ] }, { "date": "2024-09-13", "close": 5.055748, "volume": 23393755, "typical_volume": 29845694.55, "trend": 5.631211, "fair_value": 7.021731, "relative_strength": -7.971195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.814451, "energy": 49.718787, "activity_lines": [ 4.956498, 5.005063, 5.183067, 5.387456 ] }, { "date": "2024-09-20", "close": 5.025773, "volume": 16992520, "typical_volume": 29184054.25, "trend": 5.596322, "fair_value": 7.00572, "relative_strength": -9.256812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.084505, "energy": 42.742288, "activity_lines": [ 4.979812, 5.0047, 5.147027, 5.348395 ] }, { "date": "2024-09-27", "close": 5.50537, "volume": 43920542, "typical_volume": 28334488.8, "trend": 5.577747, "fair_value": 6.990567, "relative_strength": -11.497985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.170626, "energy": 16.504341, "activity_lines": [ 5.165656, 5.093534, 5.161365, 5.342528 ] }, { "date": "2024-10-04", "close": 5.974975, "volume": 26055575, "typical_volume": 27506915.0, "trend": 5.580731, "fair_value": 6.970849, "relative_strength": -10.762759, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 16.493315, "energy": 25.448284, "activity_lines": [ 5.464071, 5.257397, 5.223551, 5.368155 ] }, { "date": "2024-10-11", "close": 5.795126, "volume": 117582831, "typical_volume": 31513528.3, "trend": 5.566566, "fair_value": 6.948807, "relative_strength": -9.877862, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.490102, "energy": 36.076906, "activity_lines": [ 5.633262, 5.370756, 5.269213, 5.381987 ] }, { "date": "2024-10-18", "close": 5.855075, "volume": 59777757, "typical_volume": 31472146.45, "trend": 5.560304, "fair_value": 6.925733, "relative_strength": -9.876822, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.007105, "energy": 41.623602, "activity_lines": [ 5.761154, 5.482662, 5.321295, 5.400601 ] }, { "date": "2024-10-25", "close": 6.114857, "volume": 56286031, "typical_volume": 31979393.8, "trend": 5.564998, "fair_value": 6.901307, "relative_strength": -6.718465, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.464746, "energy": 63.346408, "activity_lines": [ 5.922352, 5.63199, 5.398779, 5.436378 ] }, { "date": "2024-11-01", "close": 6.024933, "volume": 63749077, "typical_volume": 34418917.65, "trend": 5.562758, "fair_value": 6.874209, "relative_strength": -6.982508, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.780126, "energy": 58.680733, "activity_lines": [ 5.98097, 5.745895, 5.465575, 5.466051 ] }, { "date": "2024-11-08", "close": 6.214773, "volume": 61099071, "typical_volume": 36745833.95, "trend": 5.568486, "fair_value": 6.849561, "relative_strength": -8.74366, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.008442, "energy": 62.068864, "activity_lines": [ 6.06823, 5.872879, 5.548381, 5.508117 ] }, { "date": "2024-11-15", "close": 6.014941, "volume": 58481180, "typical_volume": 38926537.0, "trend": 5.552463, "fair_value": 6.836935, "relative_strength": -8.134071, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.14133, "energy": 54.028261, "activity_lines": [ 6.072892, 5.940277, 5.608806, 5.53692 ] }, { "date": "2024-11-22", "close": 6.13484, "volume": 69536593, "typical_volume": 41854010.95, "trend": 5.558151, "fair_value": 6.824955, "relative_strength": -4.199167, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.536011, "energy": 50.526483, "activity_lines": [ 6.102867, 6.008764, 5.677939, 5.574493 ] }, { "date": "2024-11-29", "close": 6.224764, "volume": 53765202, "typical_volume": 43357898.65, "trend": 5.565196, "fair_value": 6.814105, "relative_strength": -4.162133, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.404981, "energy": 48.948085, "activity_lines": [ 6.144165, 6.073982, 5.752019, 5.6175 ] }, { "date": "2024-12-06", "close": 6.484546, "volume": 65041357, "typical_volume": 45652319.15, "trend": 5.57598, "fair_value": 6.806338, "relative_strength": -2.068809, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.200169, "energy": 51.748487, "activity_lines": [ 6.264731, 6.164633, 5.845655, 5.676813 ] }, { "date": "2024-12-13", "close": 6.264731, "volume": 63782519, "typical_volume": 48156928.05, "trend": 5.581405, "fair_value": 6.795375, "relative_strength": -4.664922, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.167913, "energy": 46.835516, "activity_lines": [ 6.281383, 6.197515, 5.910981, 5.721249 ] }, { "date": "2024-12-20", "close": 7.293866, "volume": 192395113, "typical_volume": 56797276.7, "trend": 5.626383, "fair_value": 6.790578, "relative_strength": 11.950031, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.216892, "energy": 61.262616, "activity_lines": [ 6.637751, 6.412243, 6.068277, 5.83173 ] }, { "date": "2024-12-27", "close": 7.433748, "volume": 387131763, "typical_volume": 74852174.65, "trend": 5.674384, "fair_value": 6.784645, "relative_strength": 13.087202, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.919341, "energy": 70.97481, "activity_lines": [ 6.955484, 6.625155, 6.228523, 5.948334 ] }, { "date": "2025-01-03", "close": 7.943319, "volume": 330429262, "typical_volume": 86813655.65, "trend": 5.750197, "fair_value": 6.781917, "relative_strength": 27.630608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.889339, "energy": 76.579583, "activity_lines": [ 7.35648, 6.902013, 6.427213, 6.094717 ] }, { "date": "2025-01-10", "close": 6.104866, "volume": 237778035, "typical_volume": 97732549.15, "trend": 5.767353, "fair_value": 6.767897, "relative_strength": -0.222935, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.620118, "energy": 47.515991, "activity_lines": [ 7.030088, 6.811362, 6.43711, 6.117599 ] }, { "date": "2025-01-17", "close": 6.25474, "volume": 131426357, "typical_volume": 103539587.0, "trend": 5.792129, "fair_value": 6.751758, "relative_strength": 0.311064, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.02706, "energy": 34.862442, "activity_lines": [ 6.778966, 6.746508, 6.455285, 6.149043 ] }, { "date": "2025-01-24", "close": 6.00495, "volume": 89540949, "typical_volume": 107408274.45, "trend": 5.810779, "fair_value": 6.7395, "relative_strength": -3.687934, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.40719, "energy": 15.500947, "activity_lines": [ 6.445246, 6.63551, 6.44339, 6.162774 ] }, { "date": "2025-01-31", "close": 5.88505, "volume": 11333000, "typical_volume": 106805236.7, "trend": 5.827765, "fair_value": 6.726103, "relative_strength": -5.118716, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.657427, "energy": 20.795149, "activity_lines": [ 6.157488, 6.502895, 6.4147, 6.167565 ] }, { "date": "2025-02-07", "close": 6.124849, "volume": 44620118, "typical_volume": 108186616.6, "trend": 5.860737, "fair_value": 6.714921, "relative_strength": -2.003068, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.493735, "energy": 21.551299, "activity_lines": [ 6.052909, 6.41842, 6.404899, 6.186732 ] }, { "date": "2025-02-14", "close": 6.644412, "volume": 175502976, "typical_volume": 114765738.3, "trend": 5.91769, "fair_value": 6.708733, "relative_strength": 4.912416, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.803731, "energy": 15.065361, "activity_lines": [ 6.24275, 6.430228, 6.439346, 6.237292 ] }, { "date": "2025-02-21", "close": 6.594453, "volume": 102583091, "typical_volume": 118592114.1, "trend": 5.970978, "fair_value": 6.70438, "relative_strength": 3.198264, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.878405, "energy": 10.758949, "activity_lines": [ 6.379967, 6.430047, 6.463611, 6.280954 ] }, { "date": "2025-02-28", "close": 6.924176, "volume": 147272450, "typical_volume": 120076595.05, "trend": 6.031261, "fair_value": 6.704296, "relative_strength": 10.165636, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.32422, "energy": 23.534955, "activity_lines": [ 6.604445, 6.483819, 6.516329, 6.342451 ] }, { "date": "2025-03-07", "close": 7.024093, "volume": 241263040, "typical_volume": 129150859.2, "trend": 6.088213, "fair_value": 6.70282, "relative_strength": 9.87579, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.829835, "energy": 30.302975, "activity_lines": [ 6.800947, 6.562481, 6.573186, 6.406504 ] }, { "date": "2025-03-14", "close": 7.094033, "volume": 103002022, "typical_volume": 131486658.75, "trend": 6.155823, "fair_value": 6.700007, "relative_strength": 9.401624, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.810885, "energy": 46.660013, "activity_lines": [ 6.944826, 6.661307, 6.631137, 6.471396 ] }, { "date": "2025-03-21", "close": 7.034084, "volume": 128786197, "typical_volume": 134738514.75, "trend": 6.228761, "fair_value": 6.697733, "relative_strength": 10.121049, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.266115, "energy": 52.358154, "activity_lines": [ 7.004109, 6.764674, 6.678716, 6.528058 ] }, { "date": "2025-03-28", "close": 6.534504, "volume": 74696428, "typical_volume": 135418382.6, "trend": 6.28205, "fair_value": 6.692072, "relative_strength": 2.727923, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.587603, "energy": 38.345597, "activity_lines": [ 6.870888, 6.760314, 6.673911, 6.547783 ] }, { "date": "2025-04-04", "close": 6.344664, "volume": 42250384, "typical_volume": 134606842.8, "trend": 6.331009, "fair_value": 6.688273, "relative_strength": 0.108645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.793013, "energy": 14.807184, "activity_lines": [ 6.678383, 6.716351, 6.649503, 6.551823 ] }, { "date": "2025-04-11", "close": 5.865067, "volume": 72756000, "typical_volume": 134767813.15, "trend": 6.357986, "fair_value": 6.679922, "relative_strength": -4.308307, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.717415, "energy": 12.912712, "activity_lines": [ 6.364647, 6.579012, 6.577849, 6.521762 ] }, { "date": "2025-04-18", "close": 5.905033, "volume": 39217300, "typical_volume": 134040418.05, "trend": 6.387295, "fair_value": 6.671273, "relative_strength": -4.480662, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.308967, "energy": 37.690156, "activity_lines": [ 6.141501, 6.449303, 6.511286, 6.492539 ] }, { "date": "2025-04-25", "close": 6.024933, "volume": 35829182, "typical_volume": 132579809.3, "trend": 6.404613, "fair_value": 6.665486, "relative_strength": -2.981922, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.446932, "energy": 51.718256, "activity_lines": [ 6.037589, 6.34539, 6.457664, 6.469161 ] }, { "date": "2025-05-02", "close": 5.855075, "volume": 19291900, "typical_volume": 130355278.35, "trend": 6.400617, "fair_value": 6.659104, "relative_strength": -5.109838, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.136978, "energy": 59.804445, "activity_lines": [ 5.944334, 6.221858, 6.390054, 6.433707 ] }, { "date": "2025-05-09", "close": 6.204782, "volume": 32869001, "typical_volume": 122378972.75, "trend": 6.414272, "fair_value": 6.65755, "relative_strength": -1.239616, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.528965, "energy": 46.68877, "activity_lines": [ 6.012943, 6.175352, 6.3577, 6.421073 ] }, { "date": "2025-05-16", "close": 6.13484, "volume": 33329368, "typical_volume": 104688853.0, "trend": 6.423597, "fair_value": 6.657827, "relative_strength": -2.979208, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.469744, "energy": 37.649259, "activity_lines": [ 6.067563, 6.129209, 6.323872, 6.403045 ] }, { "date": "2025-05-23", "close": 6.054907, "volume": 43825401, "typical_volume": 90358659.95, "trend": 6.421599, "fair_value": 6.660178, "relative_strength": -3.582674, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.987372, "energy": 32.957002, "activity_lines": [ 6.077555, 6.0847, 6.288616, 6.379258 ] }, { "date": "2025-05-30", "close": 6.214773, "volume": 35334320, "typical_volume": 80236474.2, "trend": 6.427927, "fair_value": 6.663553, "relative_strength": -0.924309, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.066088, "energy": 22.067932, "activity_lines": [ 6.130843, 6.088152, 6.277577, 6.365915 ] }, { "date": "2025-06-06", "close": 6.244748, "volume": 26651958, "typical_volume": 74997754.25, "trend": 6.428926, "fair_value": 6.662502, "relative_strength": -1.546728, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.004546, "energy": 19.303195, "activity_lines": [ 6.181468, 6.11195, 6.26887, 6.354097 ] }, { "date": "2025-06-13", "close": 6.094874, "volume": 33198100, "typical_volume": 72180611.8, "trend": 6.431591, "fair_value": 6.659689, "relative_strength": -3.633569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.212626, "energy": 19.845621, "activity_lines": [ 6.156156, 6.113767, 6.245937, 6.332545 ] }, { "date": "2025-06-20", "close": 5.88, "volume": 23596700, "typical_volume": 72793796.8, "trend": 6.423096, "fair_value": 6.653466, "relative_strength": -6.473023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.708774, "energy": 30.301804, "activity_lines": [ 6.066546, 6.081057, 6.202112, 6.296958 ] }, { "date": "2025-06-27", "close": 6.13, "volume": 26359284, "typical_volume": 71880755.1, "trend": 6.419937, "fair_value": 6.647676, "relative_strength": -4.284201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.100555, "energy": 27.04449, "activity_lines": [ 6.077259, 6.093531, 6.18212, 6.278049 ] }, { "date": "2025-07-04", "close": 6.19, "volume": 28422201, "typical_volume": 64526716.35, "trend": 6.410119, "fair_value": 6.643009, "relative_strength": -4.6472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.804667, "energy": 26.273971, "activity_lines": [ 6.102966, 6.112823, 6.167818, 6.263214 ] }, { "date": "2025-07-11", "close": 6.4, "volume": 40073309, "typical_volume": 61401227.25, "trend": 6.414628, "fair_value": 6.640891, "relative_strength": -2.570623, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.692604, "energy": 11.122202, "activity_lines": [ 6.200325, 6.167296, 6.175679, 6.262562 ] }, { "date": "2025-07-18", "close": 6.54, "volume": 219585832, "typical_volume": 65016896.35, "trend": 6.389499, "fair_value": 6.638859, "relative_strength": -1.322054, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.369476, "energy": 14.750202, "activity_lines": [ 6.334, 6.237315, 6.1978, 6.27065 ] }, { "date": "2025-07-25", "close": 6.76, "volume": 134571083, "typical_volume": 59682298.5, "trend": 6.367041, "fair_value": 6.637303, "relative_strength": 0.160783, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.830747, "energy": 41.539152, "activity_lines": [ 6.511333, 6.34124, 6.242703, 6.294553 ] }, { "date": "2025-08-01", "close": 6.62, "volume": 52845600, "typical_volume": 57174477.4, "trend": 6.32293, "fair_value": 6.635535, "relative_strength": -1.084992, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.814951, "energy": 47.560984, "activity_lines": [ 6.583333, 6.408343, 6.27553, 6.310873 ] }, { "date": "2025-08-08", "close": 6.67, "volume": 34632900, "typical_volume": 52466812.55, "trend": 6.341768, "fair_value": 6.634711, "relative_strength": -2.376708, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.2705, "energy": 52.942335, "activity_lines": [ 6.639333, 6.474264, 6.315377, 6.333265 ] }, { "date": "2025-08-15", "close": 7.28, "volume": 278206219, "typical_volume": 62642302.1, "trend": 6.375943, "fair_value": 6.63549, "relative_strength": 4.549992, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.257753, "energy": 76.298192, "activity_lines": [ 6.866667, 6.642816, 6.415052, 6.393796 ] }, { "date": "2025-08-22", "close": 7.05, "volume": 112342784, "typical_volume": 66146922.1, "trend": 6.410778, "fair_value": 6.63573, "relative_strength": -2.311373, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.105986, "energy": 70.275966, "activity_lines": [ 6.958667, 6.750727, 6.489272, 6.437283 ] }, { "date": "2025-08-29", "close": 6.78, "volume": 106949653, "typical_volume": 67856604.75, "trend": 6.44061, "fair_value": 6.63717, "relative_strength": -6.855737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.520197, "energy": 54.363331, "activity_lines": [ 6.926667, 6.792182, 6.53442, 6.461104 ] }, { "date": "2025-09-05", "close": 6.79, "volume": 48684637, "typical_volume": 68329971.6, "trend": 6.462782, "fair_value": 6.637676, "relative_strength": -5.624593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.811313, "energy": 43.59138, "activity_lines": [ 6.896667, 6.819091, 6.576163, 6.483646 ] }, { "date": "2025-09-12", "close": 6.75, "volume": 36157653, "typical_volume": 68346395.15, "trend": 6.466301, "fair_value": 6.630632, "relative_strength": -7.469884, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.057112, "energy": 32.973428, "activity_lines": [ 6.842, 6.826727, 6.609882, 6.502176 ] }, { "date": "2025-09-19", "close": 6.64, "volume": 40091137, "typical_volume": 69386357.0, "trend": 6.46782, "fair_value": 6.621759, "relative_strength": -7.681813, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.62363, "energy": 19.967391, "activity_lines": [ 6.745333, 6.804182, 6.629673, 6.513382 ] }, { "date": "2025-09-26", "close": 6.62, "volume": 32753935, "typical_volume": 69380603.7, "trend": 6.45768, "fair_value": 6.614941, "relative_strength": -8.102147, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.248052, "energy": 18.184222, "activity_lines": [ 6.684667, 6.773636, 6.643821, 6.5232 ] }, { "date": "2025-10-03", "close": 6.75, "volume": 21847926, "typical_volume": 68806531.6, "trend": 6.448544, "fair_value": 6.608333, "relative_strength": -7.567431, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.942124, "energy": 16.8512, "activity_lines": [ 6.696, 6.765273, 6.668372, 6.54206 ] }, { "date": "2025-10-10", "close": 6.83, "volume": 16590410, "typical_volume": 67444782.05, "trend": 6.439743, "fair_value": 6.607599, "relative_strength": -6.767838, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.029318, "energy": 16.735669, "activity_lines": [ 6.736, 6.771636, 6.697614, 6.56667 ] }, { "date": "2025-10-17", "close": 6.76, "volume": 47812855, "typical_volume": 68068708.8, "trend": 6.430607, "fair_value": 6.607602, "relative_strength": -6.313777, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.528925, "energy": 17.378066, "activity_lines": [ 6.75, 6.761455, 6.716498, 6.587331 ] }, { "date": "2025-10-24", "close": 6.97, "volume": 46580666, "typical_volume": 69065144.2, "trend": 6.445123, "fair_value": 6.612504, "relative_strength": -6.021506, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.159125, "energy": 30.684615, "activity_lines": [ 6.833333, 6.787818, 6.752785, 6.622131 ] }, { "date": "2025-10-31", "close": 7.19, "volume": 64106320, "typical_volume": 70610555.2, "trend": 6.473301, "fair_value": 6.616135, "relative_strength": -3.141833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.500557, "energy": 49.094721, "activity_lines": [ 6.968, 6.859818, 6.806571, 6.670187 ] }, { "date": "2025-11-07", "close": 7.51, "volume": 79681402, "typical_volume": 73414790.3, "trend": 6.528132, "fair_value": 6.621818, "relative_strength": 0.006262, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.360409, "energy": 66.195656, "activity_lines": [ 7.171333, 6.987455, 6.885619, 6.737071 ] }, { "date": "2025-11-14", "close": 7.65, "volume": 85236922, "typical_volume": 76358672.2, "trend": 6.586298, "fair_value": 6.630643, "relative_strength": 1.934891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.661134, "energy": 81.85945, "activity_lines": [ 7.370667, 7.127273, 6.970238, 6.80945 ] }, { "date": "2025-11-21", "close": 7.08, "volume": 51302669, "typical_volume": 77502695.6, "trend": 6.621467, "fair_value": 6.631824, "relative_strength": -1.800785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.271175, "energy": 69.078987, "activity_lines": [ 7.325333, 7.147818, 6.993333, 6.841302 ] }, { "date": "2025-11-28", "close": 7.18, "volume": 41019414, "typical_volume": 77550000.85, "trend": 6.665631, "fair_value": 6.633458, "relative_strength": -1.764176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.159332, "energy": 65.635645, "activity_lines": [ 7.292, 7.180545, 7.021714, 6.877336 ] }, { "date": "2025-12-05", "close": 7.05, "volume": 34502525, "typical_volume": 68295835.5, "trend": 6.693805, "fair_value": 6.634072, "relative_strength": -3.797074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.832243, "energy": 37.823166, "activity_lines": [ 7.201333, 7.179818, 7.034, 6.902134 ] }, { "date": "2025-12-12", "close": 6.81, "volume": 36799709, "typical_volume": 63407266.8, "trend": 6.71631, "fair_value": 6.62841, "relative_strength": -6.658602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.541419, "energy": 18.073242, "activity_lines": [ 7.04, 7.127636, 7.021, 6.909631 ] }, { "date": "2025-12-19", "close": 6.78, "volume": 34884582, "typical_volume": 62509215.9, "trend": 6.74048, "fair_value": 6.62374, "relative_strength": -6.69162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.800166, "energy": 16.990339, "activity_lines": [ 6.915333, 7.068909, 7.004905, 6.91374 ] }, { "date": "2025-12-26", "close": 6.82, "volume": 35982775, "typical_volume": 62576709.65, "trend": 6.760654, "fair_value": 6.618328, "relative_strength": -7.431364, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.020133, "energy": 19.998053, "activity_lines": [ 6.862, 7.018364, 6.991857, 6.91887 ] }, { "date": "2026-01-02", "close": 6.72, "volume": 18023307, "typical_volume": 49567564.05, "trend": 6.776496, "fair_value": 6.611902, "relative_strength": -8.165945, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.415342, "energy": 18.714497, "activity_lines": [ 6.792667, 6.948545, 6.968571, 6.916247 ] }, { "date": "2026-01-09", "close": 6.88, "volume": 42775465, "typical_volume": 46089198.1, "trend": 6.802667, "fair_value": 6.613172, "relative_strength": -9.194926, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.749469, "energy": 15.165038, "activity_lines": [ 6.807333, 6.912364, 6.96319, 6.922925 ] }, { "date": "2026-01-16", "close": 6.88, "volume": 52347257, "typical_volume": 43359078.3, "trend": 6.836, "fair_value": 6.614442, "relative_strength": -8.543955, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.883737, "energy": 14.308352, "activity_lines": [ 6.833333, 6.881818, 6.958619, 6.927914 ] }, { "date": "2026-01-23", "close": 7.31, "volume": 53154450, "typical_volume": 43582568.95, "trend": 6.875333, "fair_value": 6.617035, "relative_strength": -3.552878, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.296414, "energy": 18.709981, "activity_lines": [ 6.998, 6.940909, 6.994524, 6.958495 ] }, { "date": "2026-01-30", "close": 7.35, "volume": 55925575, "typical_volume": 44570965.05, "trend": 6.914, "fair_value": 6.620632, "relative_strength": -2.569998, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.121591, "energy": 32.049141, "activity_lines": [ 7.140667, 7.013455, 7.031762, 6.989118 ] }, { "date": "2026-02-06", "close": 8.1, "volume": 190811435, "typical_volume": 52106979.95, "trend": 6.970667, "fair_value": 6.626855, "relative_strength": 8.597051, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 81.391464, "energy": 73.152628, "activity_lines": [ 7.498, 7.217455, 7.137571, 7.065634 ] }, { "date": "2026-02-13", "close": 7.62, "volume": 67517122, "typical_volume": 53845139.3, "trend": 7.006667, "fair_value": 6.629003, "relative_strength": 1.87568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.080851, "energy": 70.415906, "activity_lines": [ 7.603333, 7.317455, 7.190714, 7.107527 ] }, { "date": "2026-02-27", "close": 8.0, "volume": 52387192, "typical_volume": 55372102.6, "trend": 7.048, "fair_value": 6.632091, "relative_strength": 4.912712, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.636837, "energy": 81.188991, "activity_lines": [ 7.786, 7.476182, 7.275286, 7.171613 ] }, { "date": "2026-03-06", "close": 7.95, "volume": 63219209, "typical_volume": 57703542.55, "trend": 7.092333, "fair_value": 6.635856, "relative_strength": 5.409157, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.215973, "energy": 78.139704, "activity_lines": [ 7.877333, 7.604182, 7.349143, 7.229806 ] }, { "date": "2026-03-13", "close": 7.96, "volume": 54325599, "typical_volume": 58029179.75, "trend": 7.135333, "fair_value": 6.638937, "relative_strength": 6.438243, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.821809, "energy": 68.560615, "activity_lines": [ 7.929333, 7.712727, 7.418619, 7.285785 ] }, { "date": "2026-03-20", "close": 7.38, "volume": 48710787, "typical_volume": 58135685.8, "trend": 7.138667, "fair_value": 6.636679, "relative_strength": 2.359906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.695763, "energy": 42.777516, "activity_lines": [ 7.747333, 7.695091, 7.427143, 7.30157 ] }, { "date": "2026-03-27", "close": 7.46, "volume": 51911624, "typical_volume": 57525951.0, "trend": 7.152333, "fair_value": 6.63219, "relative_strength": 4.81897, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.516128, "energy": 26.95001, "activity_lines": [ 7.64, 7.68, 7.441333, 7.322301 ] }, { "date": "2026-04-03", "close": 7.33, "volume": 48492738, "typical_volume": 55966517.8, "trend": 7.170667, "fair_value": 6.626245, "relative_strength": 3.951697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.258677, "energy": 19.328525, "activity_lines": [ 7.5, 7.630727, 7.441857, 7.333763 ] }, { "date": "2026-04-10", "close": 7.92, "volume": 64535109, "typical_volume": 54931427.15, "trend": 7.208333, "fair_value": 6.625516, "relative_strength": 9.226383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.817399, "energy": 22.138409, "activity_lines": [ 7.601333, 7.680545, 7.499429, 7.382108 ] }, { "date": "2026-04-17", "close": 7.889633, "volume": 55004015, "typical_volume": 55116494.45, "trend": 7.246321, "fair_value": 6.626337, "relative_strength": 6.902632, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.93997, "energy": 22.292262, "activity_lines": [ 7.694544, 7.713751, 7.552822, 7.426062 ] }, { "date": "2026-04-24", "close": 8.029449, "volume": 62584286, "typical_volume": 56194738.05, "trend": 7.292636, "fair_value": 6.626621, "relative_strength": 7.848847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.290235, "energy": 32.131609, "activity_lines": [ 7.839052, 7.762567, 7.615676, 7.476587 ] }, { "date": "2026-05-01", "close": 8.169266, "volume": 37871589, "typical_volume": 56363191.25, "trend": 7.344278, "fair_value": 6.625246, "relative_strength": 8.684905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.952274, "energy": 47.078918, "activity_lines": [ 7.986868, 7.838087, 7.687801, 7.533143 ] }, { "date": "2026-05-08", "close": 8.468871, "volume": 53790308, "typical_volume": 57212721.2, "trend": 7.401574, "fair_value": 6.630154, "relative_strength": 10.56379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.587455, "energy": 60.235066, "activity_lines": [ 8.187269, 7.958093, 7.78313, 7.605698 ] }, { "date": "2026-05-15", "close": 8.488845, "volume": 194833625, "typical_volume": 65210173.35, "trend": 7.456869, "fair_value": 6.63463, "relative_strength": 11.788747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.550287, "energy": 64.380768, "activity_lines": [ 8.318403, 8.073207, 7.872462, 7.675844 ] }, { "date": "2026-05-22", "close": 8.179252, "volume": 113645217, "typical_volume": 69093295.45, "trend": 7.504177, "fair_value": 6.635937, "relative_strength": 8.111788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.753973, "energy": 55.044235, "activity_lines": [ 8.308416, 8.122233, 7.924171, 7.72245 ] }, { "date": "2026-05-29", "close": 7.689895, "volume": 62162758, "typical_volume": 71300268.0, "trend": 7.528174, "fair_value": 6.632236, "relative_strength": 2.663284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.307482, "energy": 31.104867, "activity_lines": [ 8.116002, 8.078299, 7.922803, 7.734432 ] }, { "date": "2026-06-05", "close": 7.669921, "volume": 15213027, "typical_volume": 69922146.1, "trend": 7.544171, "fair_value": 6.62928, "relative_strength": 3.383175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.210617, "energy": 15.379095, "activity_lines": [ 7.939567, 8.025099, 7.914913, 7.743577 ] }, { "date": "2026-06-12", "close": 7.540092, "volume": 11871700, "typical_volume": 67898368.25, "trend": 7.545174, "fair_value": 6.62755, "relative_strength": 1.510803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.928071, "energy": 15.092292, "activity_lines": [ 7.753145, 7.944477, 7.890898, 7.743313 ] }, { "date": "2026-06-19", "close": 7.13, "volume": 41171741, "typical_volume": 67299232.8, "trend": 7.527841, "fair_value": 6.623377, "relative_strength": -5.332953, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.293046, "energy": 26.685028, "activity_lines": [ 7.491945, 7.785473, 7.824682, 7.716528 ] }, { "date": "2026-06-26", "close": 6.67, "volume": 7254662, "typical_volume": 64865687.15, "trend": 7.514174, "fair_value": 6.617503, "relative_strength": -9.962135, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.870097, "energy": 49.78308, "activity_lines": [ 7.168001, 7.557196, 7.715514, 7.661183 ] }, { "date": "2026-07-03", "close": 6.29, "volume": 9212694, "typical_volume": 55785750.1, "trend": 7.484507, "fair_value": 6.60832, "relative_strength": -15.22767, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.068312, "energy": 68.40645, "activity_lines": [ 6.818007, 7.282004, 7.573394, 7.582204 ] }, { "date": "2026-07-10", "close": 5.99, "volume": 36917875, "typical_volume": 54255787.75, "trend": 7.449174, "fair_value": 6.599209, "relative_strength": -18.068038, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.651248, "energy": 77.923461, "activity_lines": [ 6.461339, 6.983892, 7.411322, 7.485785 ] }, { "date": "2026-07-17", "close": 5.79, "volume": 40680809, "typical_volume": 53670468.6, "trend": 7.415174, "fair_value": 6.587494, "relative_strength": -15.669622, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.399826, "energy": 90.613457, "activity_lines": [ 6.15, 6.68904, 7.237964, 7.378741 ] }, { "date": "2026-07-24", "close": 5.54, "volume": 50034887, "typical_volume": 53011252.5, "trend": 7.373841, "fair_value": 6.574239, "relative_strength": -20.034043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.785381, "energy": 92.237402, "activity_lines": [ 5.872, 6.39744, 7.05132, 7.257762 ] }, { "date": "2026-07-31", "close": 5.93, "volume": 40375848, "typical_volume": 52313764.95, "trend": 7.344174, "fair_value": 6.562853, "relative_strength": -14.506078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.360608, "energy": 85.936742, "activity_lines": [ 5.83, 6.230364, 6.913295, 7.164611 ] }, { "date": "2026-08-07", "close": 5.96, "volume": 38222807, "typical_volume": 51789365.95, "trend": 7.318841, "fair_value": 6.552921, "relative_strength": -16.114793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.434635, "energy": 78.493198, "activity_lines": [ 5.847333, 6.109638, 6.787794, 7.07531 ] } ], "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." } } }