{ "ticker": { "uuid": "f19e66d1-18f2-4c43-8006-93553442e380", "symbol": "002449", "name": "Foshan NationStar Optoelectronics Co.,Ltd", "exchange": "SHZ", "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": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -66.85, "architecture_energy": 82.546, "architecture_maturity": 51.953, "architecture_confidence": 83.818, "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": 4.2, "rotation_up": 8.88, "upward_expansion": 19.99, "deceleration": 37.17, "rotation_down": 78.61, "downward_expansion": 95.65 }, "activity_lines": [ 6.246, 6.661636, 7.247667, 7.558817 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 6.37, "trend_reference": 7.956667, "distance_from_trend": -0.199413, "trend_direction": "Weakening", "fair_value": 8.401101, "distance_from_fair_value": -0.241766, "fair_value_direction": "Weakening", "relative_strength": -26.901312, "relative_strength_direction": "Weakening", "price_momentum": -0.250588, "excess_performance": -0.257988, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.199413, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.062856, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.241766, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.203884, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.269013, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.010412, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.250588, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.852102, "read": "Supply-led" } ], "volume": { "latest": 38708981, "relative_activity": 0.539975, "balance": 0.852102, "dry_up": 0.623015, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.107958, "annualized_volatility": 0.468601, "from_high_reference": -0.379747, "from_low_reference": 0.098276 }, "levels": { "trend_reference": 7.956667, "fair_value_reference": 8.401101, "structural_low": 5.8, "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": 21, "median_return": 0.034483, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.019475, "regime_survival": 0.714286, "best_return": 0.226036, "worst_return": -0.222755, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.138163, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.035403, "regime_survival": 0.555556, "best_return": 0.266467, "worst_return": -0.129999, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.027242, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": 0.005608, "regime_survival": 0.4, "best_return": 0.042913, "worst_return": -0.069554, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.070654, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": 0.103888, "regime_survival": 0.333333, "best_return": -0.002762, "worst_return": -0.093506, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-15", "end": "2024-01-26", "tenure": "Developing", "return": -0.119907, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-02", "end": "2024-05-24", "tenure": "Established", "return": 0.198387, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-07-26", "tenure": "Developing", "return": -0.107237, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": 0.056522, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-10-18", "tenure": "Developing", "return": 0.146802, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2025-01-31", "tenure": "Established", "return": 0.249688, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.242896, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.039616, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.154225, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-10-03", "tenure": "Established", "return": -0.048421, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-11-21", "tenure": "Developing", "return": -0.084245, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-03-06", "tenure": "Established", "return": 0.001135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": -0.192641, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": -0.215517, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 8.672871, "volume": 27763790, "typical_volume": 45001719.4, "trend": 8.823319, "fair_value": 9.233487, "relative_strength": 2.905319, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.692311, "energy": 11.858332, "activity_lines": [ 8.791273, 8.788193, 8.756535, 8.803083 ] }, { "date": "2023-08-04", "close": 8.899807, "volume": 26738820, "typical_volume": 43498060.9, "trend": 8.848497, "fair_value": 9.216294, "relative_strength": 3.941226, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.906331, "energy": 8.545324, "activity_lines": [ 8.8189, 8.80829, 8.76477, 8.808017 ] }, { "date": "2023-08-11", "close": 8.337401, "volume": 22477713, "typical_volume": 41246314.45, "trend": 8.835652, "fair_value": 9.191398, "relative_strength": 0.959448, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.82964, "energy": 34.04855, "activity_lines": [ 8.650507, 8.721486, 8.71986, 8.775043 ] }, { "date": "2023-08-18", "close": 8.031533, "volume": 27795400, "typical_volume": 40015348.7, "trend": 8.817513, "fair_value": 9.150698, "relative_strength": 0.359619, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.485304, "energy": 65.014182, "activity_lines": [ 8.416994, 8.590888, 8.650454, 8.723165 ] }, { "date": "2023-08-25", "close": 7.518462, "volume": 33068507, "typical_volume": 37484482.3, "trend": 8.77541, "fair_value": 9.114655, "relative_strength": -3.029472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.564194, "energy": 82.377853, "activity_lines": [ 8.080209, 8.381175, 8.53795, 8.639355 ] }, { "date": "2023-09-01", "close": 8.179534, "volume": 36846866, "typical_volume": 35397045.15, "trend": 8.737049, "fair_value": 9.082229, "relative_strength": 2.176017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.426007, "energy": 73.811619, "activity_lines": [ 8.042715, 8.315336, 8.498339, 8.600911 ] }, { "date": "2023-09-08", "close": 8.406469, "volume": 27088132, "typical_volume": 33187299.45, "trend": 8.711479, "fair_value": 9.053678, "relative_strength": 6.630669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.36511, "energy": 67.605513, "activity_lines": [ 8.113756, 8.297397, 8.485309, 8.579584 ] }, { "date": "2023-09-15", "close": 8.268335, "volume": 26261711, "typical_volume": 31738250.8, "trend": 8.693718, "fair_value": 9.025298, "relative_strength": 6.266219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.779522, "energy": 45.780529, "activity_lines": [ 8.171641, 8.26098, 8.458249, 8.550994 ] }, { "date": "2023-09-22", "close": 8.248601, "volume": 21058227, "typical_volume": 31210379.85, "trend": 8.672034, "fair_value": 8.993749, "relative_strength": 5.516965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.49384, "energy": 27.464416, "activity_lines": [ 8.227552, 8.232276, 8.430072, 8.522276 ] }, { "date": "2023-09-29", "close": 8.219001, "volume": 18589845, "typical_volume": 30670883.7, "trend": 8.643155, "fair_value": 8.970453, "relative_strength": 5.657409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.237552, "energy": 20.713269, "activity_lines": [ 8.259126, 8.212722, 8.399888, 8.493049 ] }, { "date": "2023-10-13", "close": 8.741939, "volume": 62716449, "typical_volume": 32199946.1, "trend": 8.637261, "fair_value": 8.948398, "relative_strength": 12.492176, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.049057, "energy": 12.270057, "activity_lines": [ 8.418309, 8.297038, 8.419993, 8.499422 ] }, { "date": "2023-10-20", "close": 8.376868, "volume": 75973954, "typical_volume": 34612451.2, "trend": 8.616912, "fair_value": 8.933067, "relative_strength": 12.884481, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.187709, "energy": 15.303257, "activity_lines": [ 8.418309, 8.313722, 8.404724, 8.482622 ] }, { "date": "2023-10-27", "close": 8.761672, "volume": 83229038, "typical_volume": 36872800.45, "trend": 8.598608, "fair_value": 8.920388, "relative_strength": 15.062555, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.072002, "energy": 12.721038, "activity_lines": [ 8.54855, 8.409878, 8.427377, 8.491962 ] }, { "date": "2023-11-03", "close": 8.830739, "volume": 61981488, "typical_volume": 38013173.25, "trend": 8.584893, "fair_value": 8.906352, "relative_strength": 14.559775, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.314577, "energy": 21.466364, "activity_lines": [ 8.668924, 8.510877, 8.457682, 8.506938 ] }, { "date": "2023-11-10", "close": 8.77154, "volume": 50918194, "typical_volume": 38352209.35, "trend": 8.557118, "fair_value": 8.895972, "relative_strength": 11.991736, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.019188, "energy": 20.795853, "activity_lines": [ 8.730756, 8.586582, 8.482255, 8.518979 ] }, { "date": "2023-11-17", "close": 9.028074, "volume": 42089026, "typical_volume": 39290373.0, "trend": 8.550634, "fair_value": 8.889036, "relative_strength": 14.924147, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.226702, "energy": 39.77793, "activity_lines": [ 8.841264, 8.686147, 8.531495, 8.549364 ] }, { "date": "2023-11-24", "close": 8.712338, "volume": 37093532, "typical_volume": 39348845.9, "trend": 8.566949, "fair_value": 8.882869, "relative_strength": 12.206521, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.637558, "energy": 33.166629, "activity_lines": [ 8.82745, 8.712876, 8.548362, 8.559796 ] }, { "date": "2023-12-01", "close": 8.840607, "volume": 54369719, "typical_volume": 40000579.15, "trend": 8.580679, "fair_value": 8.875539, "relative_strength": 14.845741, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.578879, "energy": 28.089426, "activity_lines": [ 8.834029, 8.757367, 8.577728, 8.577452 ] }, { "date": "2023-12-08", "close": 8.554471, "volume": 36137600, "typical_volume": 40291052.3, "trend": 8.585198, "fair_value": 8.864139, "relative_strength": 12.655941, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.204462, "energy": 15.231012, "activity_lines": [ 8.739966, 8.739427, 8.580077, 8.575761 ] }, { "date": "2023-12-15", "close": 8.475537, "volume": 30480646, "typical_volume": 40133932.85, "trend": 8.590353, "fair_value": 8.849688, "relative_strength": 13.143605, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.775013, "energy": 4.82056, "activity_lines": [ 8.638009, 8.701575, 8.577258, 8.568686 ] }, { "date": "2023-12-22", "close": 8.317669, "volume": 34158542, "typical_volume": 40453670.45, "trend": 8.580444, "fair_value": 8.835157, "relative_strength": 12.435144, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.318125, "energy": 13.481214, "activity_lines": [ 8.503164, 8.630355, 8.560485, 8.551093 ] }, { "date": "2023-12-29", "close": 9.343811, "volume": 54321721, "typical_volume": 41832815.5, "trend": 8.60376, "fair_value": 8.823479, "relative_strength": 21.7019, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.343281, "energy": 14.373327, "activity_lines": [ 8.757726, 8.75342, 8.64313, 8.600343 ] }, { "date": "2024-01-05", "close": 8.692606, "volume": 144492738, "typical_volume": 47933566.75, "trend": 8.593935, "fair_value": 8.814889, "relative_strength": 17.654948, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.043075, "energy": 17.672182, "activity_lines": [ 8.753122, 8.740504, 8.661642, 8.606075 ] }, { "date": "2024-01-12", "close": 8.297935, "volume": 71112725, "typical_volume": 50099433.0, "trend": 8.576835, "fair_value": 8.804576, "relative_strength": 13.321232, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.29191, "energy": 5.752865, "activity_lines": [ 8.626827, 8.657085, 8.640875, 8.586978 ] }, { "date": "2024-01-19", "close": 7.67633, "volume": 45757274, "typical_volume": 50733871.35, "trend": 8.538684, "fair_value": 8.792017, "relative_strength": 7.05974, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.677601, "energy": 30.345658, "activity_lines": [ 8.310433, 8.470334, 8.559639, 8.528881 ] }, { "date": "2024-01-26", "close": 7.459261, "volume": 51427022, "typical_volume": 51462879.15, "trend": 8.502506, "fair_value": 8.776515, "relative_strength": 4.050459, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.017968, "energy": 69.529394, "activity_lines": [ 7.974964, 8.26403, 8.456978, 8.459241 ] }, { "date": "2024-02-02", "close": 6.117384, "volume": 60528785, "typical_volume": 53134911.8, "trend": 8.414034, "fair_value": 8.755204, "relative_strength": -7.240784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.829646, "energy": 88.02526, "activity_lines": [ 7.249429, 7.842271, 8.229949, 8.305362 ] }, { "date": "2024-02-09", "close": 6.077917, "volume": 88836494, "typical_volume": 56263650.95, "trend": 8.3203, "fair_value": 8.733205, "relative_strength": -15.662104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.362371, "energy": 91.909944, "activity_lines": [ 6.725833, 7.460517, 8.010061, 8.154645 ] }, { "date": "2024-02-23", "close": 6.847523, "volume": 68974442, "typical_volume": 58659461.7, "trend": 8.246957, "fair_value": 8.71614, "relative_strength": -7.565981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.079008, "energy": 83.829666, "activity_lines": [ 6.633086, 7.268923, 7.8739, 8.059627 ] }, { "date": "2024-03-01", "close": 7.015258, "volume": 69845509, "typical_volume": 61222244.9, "trend": 8.190716, "fair_value": 8.701392, "relative_strength": -8.952193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.979436, "energy": 78.76659, "activity_lines": [ 6.692944, 7.138861, 7.760385, 7.980162 ] }, { "date": "2024-03-08", "close": 6.995524, "volume": 44079043, "typical_volume": 60290374.6, "trend": 8.134805, "fair_value": 8.698498, "relative_strength": -8.553754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.358305, "energy": 52.720774, "activity_lines": [ 6.790296, 7.031762, 7.650724, 7.903053 ] }, { "date": "2024-03-15", "close": 7.163259, "volume": 39693596, "typical_volume": 58476356.7, "trend": 8.07692, "fair_value": 8.695189, "relative_strength": -8.689014, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.222157, "energy": 39.242534, "activity_lines": [ 6.974475, 6.979199, 7.565353, 7.840373 ] }, { "date": "2024-03-22", "close": 7.409928, "volume": 93807458, "typical_volume": 59005277.7, "trend": 8.046004, "fair_value": 8.690234, "relative_strength": -5.067991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.135405, "energy": 26.208896, "activity_lines": [ 7.171152, 7.011132, 7.509253, 7.797341 ] }, { "date": "2024-03-29", "close": 7.301394, "volume": 54677588, "typical_volume": 58640082.7, "trend": 8.021666, "fair_value": 8.685204, "relative_strength": -4.774185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.102434, "energy": 21.121752, "activity_lines": [ 7.242851, 7.046652, 7.449254, 7.749302 ] }, { "date": "2024-04-05", "close": 7.350728, "volume": 26836780, "typical_volume": 57436012.0, "trend": 8.016075, "fair_value": 8.678565, "relative_strength": -5.509122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.959955, "energy": 20.513639, "activity_lines": [ 7.300736, 7.109261, 7.401236, 7.706015 ] }, { "date": "2024-04-12", "close": 6.936324, "volume": 33898695, "typical_volume": 57026495.45, "trend": 7.974635, "fair_value": 8.671133, "relative_strength": -7.698195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.889688, "energy": 22.335571, "activity_lines": [ 7.198122, 7.102444, 7.320516, 7.636354 ] }, { "date": "2024-04-19", "close": 6.354186, "volume": 65218966, "typical_volume": 58432767.15, "trend": 7.906225, "fair_value": 8.659224, "relative_strength": -15.676947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.771356, "energy": 39.813099, "activity_lines": [ 6.905408, 6.999292, 7.194316, 7.531809 ] }, { "date": "2024-04-26", "close": 6.778456, "volume": 32874555, "typical_volume": 57358008.95, "trend": 7.856563, "fair_value": 8.650965, "relative_strength": -11.663203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.042073, "energy": 40.098481, "activity_lines": [ 6.808056, 6.968974, 7.119752, 7.459049 ] }, { "date": "2024-05-03", "close": 7.153392, "volume": 24743666, "typical_volume": 56788312.25, "trend": 7.820056, "fair_value": 8.643683, "relative_strength": -8.036215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.927178, "energy": 36.830921, "activity_lines": [ 6.877781, 6.994089, 7.090715, 7.413684 ] }, { "date": "2024-05-10", "close": 7.173126, "volume": 32288833, "typical_volume": 56878721.6, "trend": 7.785193, "fair_value": 8.636651, "relative_strength": -9.13483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.406123, "energy": 34.237513, "activity_lines": [ 6.963951, 7.017231, 7.07023, 7.371946 ] }, { "date": "2024-05-17", "close": 7.360594, "volume": 31693694, "typical_volume": 56755479.2, "trend": 7.739148, "fair_value": 8.630634, "relative_strength": -6.561875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.685039, "energy": 16.105526, "activity_lines": [ 7.12445, 7.071588, 7.073801, 7.344553 ] }, { "date": "2024-05-24", "close": 7.330994, "volume": 69514798, "typical_volume": 57515133.05, "trend": 7.704286, "fair_value": 8.621696, "relative_strength": -4.174515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.280636, "energy": 15.150412, "activity_lines": [ 7.246798, 7.113925, 7.07911, 7.31822 ] }, { "date": "2024-05-31", "close": 7.400061, "volume": 48999811, "typical_volume": 52740486.7, "trend": 7.658899, "fair_value": 8.61494, "relative_strength": -2.68104, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.421457, "energy": 13.897621, "activity_lines": [ 7.327047, 7.165771, 7.100582, 7.298593 ] }, { "date": "2024-06-07", "close": 6.837656, "volume": 52041992, "typical_volume": 51786950.05, "trend": 7.592463, "fair_value": 8.603833, "relative_strength": -8.905576, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.693922, "energy": 14.091248, "activity_lines": [ 7.178388, 7.11554, 7.074646, 7.245609 ] }, { "date": "2024-06-14", "close": 7.183572, "volume": 31753473, "typical_volume": 51086760.0, "trend": 7.53953, "fair_value": 8.594261, "relative_strength": -4.169016, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.441977, "energy": 7.532043, "activity_lines": [ 7.166083, 7.136634, 7.088609, 7.219229 ] }, { "date": "2024-06-21", "close": 7.103976, "volume": 33743048, "typical_volume": 50202561.3, "trend": 7.475394, "fair_value": 8.58573, "relative_strength": -3.196644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.96387, "energy": 13.501045, "activity_lines": [ 7.12655, 7.146296, 7.097337, 7.191129 ] }, { "date": "2024-06-28", "close": 7.084076, "volume": 44750307, "typical_volume": 49413637.4, "trend": 7.421119, "fair_value": 8.575582, "relative_strength": -1.157852, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.598655, "energy": 17.168002, "activity_lines": [ 7.097492, 7.149292, 7.105863, 7.165883 ] }, { "date": "2024-07-05", "close": 6.835338, "volume": 36004085, "typical_volume": 46772016.95, "trend": 7.354276, "fair_value": 8.562536, "relative_strength": -2.979581, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.03164, "energy": 20.666453, "activity_lines": [ 7.001981, 7.093791, 7.086095, 7.12809 ] }, { "date": "2024-07-12", "close": 7.153724, "volume": 35673931, "typical_volume": 45106991.4, "trend": 7.307585, "fair_value": 8.55271, "relative_strength": -0.307973, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.684067, "energy": 15.279883, "activity_lines": [ 7.050248, 7.095145, 7.093043, 7.115152 ] }, { "date": "2024-07-19", "close": 6.845288, "volume": 40734258, "typical_volume": 43651428.85, "trend": 7.253243, "fair_value": 8.536252, "relative_strength": -5.025604, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.578566, "energy": 26.085986, "activity_lines": [ 6.974632, 7.040413, 7.069158, 7.085326 ] }, { "date": "2024-07-26", "close": 6.606498, "volume": 37758657, "typical_volume": 43335409.55, "trend": 7.196204, "fair_value": 8.518207, "relative_strength": -4.966897, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.495138, "energy": 43.424108, "activity_lines": [ 6.841971, 6.948226, 7.023341, 7.043601 ] }, { "date": "2024-08-02", "close": 6.865187, "volume": 39611105, "typical_volume": 43331285.0, "trend": 7.113583, "fair_value": 8.500697, "relative_strength": -0.736401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.25643, "energy": 33.260674, "activity_lines": [ 6.828705, 6.916784, 7.004013, 7.022245 ] }, { "date": "2024-08-09", "close": 6.646297, "volume": 36207875, "typical_volume": 40451305.85, "trend": 7.045373, "fair_value": 8.480347, "relative_strength": -2.095693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.564742, "energy": 45.835996, "activity_lines": [ 6.757068, 6.854013, 6.965258, 6.992097 ] }, { "date": "2024-08-16", "close": 7.253219, "volume": 61527788, "typical_volume": 40793815.85, "trend": 7.010549, "fair_value": 8.467634, "relative_strength": 7.209918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.250848, "energy": 17.671478, "activity_lines": [ 6.900342, 6.915296, 6.987942, 7.005507 ] }, { "date": "2024-08-23", "close": 6.845288, "volume": 64535060, "typical_volume": 42678729.85, "trend": 6.982848, "fair_value": 8.443376, "relative_strength": 3.097454, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.303503, "energy": 6.012163, "activity_lines": [ 6.901005, 6.894855, 6.972004, 6.994845 ] }, { "date": "2024-08-30", "close": 7.153724, "volume": 112295204, "typical_volume": 46598555.3, "trend": 6.972663, "fair_value": 8.420158, "relative_strength": 5.371151, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.660235, "energy": 4.653073, "activity_lines": [ 7.004481, 6.936643, 6.987848, 7.005869 ] }, { "date": "2024-09-06", "close": 6.815439, "volume": 76032830, "typical_volume": 47139248.5, "trend": 6.995932, "fair_value": 8.396708, "relative_strength": 2.842743, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.244844, "energy": 16.043952, "activity_lines": [ 6.958713, 6.91602, 6.970439, 6.995725 ] }, { "date": "2024-09-13", "close": 6.487104, "volume": 46425014, "typical_volume": 47816771.45, "trend": 7.009571, "fair_value": 8.372027, "relative_strength": -0.379148, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.861791, "energy": 29.818778, "activity_lines": [ 6.806816, 6.840584, 6.919564, 6.962898 ] }, { "date": "2024-09-20", "close": 6.546801, "volume": 28048939, "typical_volume": 47982035.1, "trend": 6.999547, "fair_value": 8.352039, "relative_strength": -0.586629, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.928587, "energy": 39.334369, "activity_lines": [ 6.685432, 6.782334, 6.875761, 6.933042 ] }, { "date": "2024-09-27", "close": 7.223371, "volume": 63783399, "typical_volume": 49556763.4, "trend": 7.006484, "fair_value": 8.335013, "relative_strength": -6.787126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.316808, "energy": 21.746551, "activity_lines": [ 6.836665, 6.858132, 6.899282, 6.947482 ] }, { "date": "2024-10-04", "close": 7.89994, "volume": 37092576, "typical_volume": 49826707.5, "trend": 7.036631, "fair_value": 8.324135, "relative_strength": -7.751197, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.886121, "energy": 26.623719, "activity_lines": [ 7.188216, 7.050068, 6.986999, 7.005124 ] }, { "date": "2024-10-11", "close": 7.611403, "volume": 120407069, "typical_volume": 52371321.05, "trend": 7.051569, "fair_value": 8.309222, "relative_strength": -6.852699, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.636377, "energy": 38.953277, "activity_lines": [ 7.39384, 7.166025, 7.044668, 7.042206 ] }, { "date": "2024-10-18", "close": 7.850192, "volume": 73814324, "typical_volume": 53612046.7, "trend": 7.066245, "fair_value": 8.2994, "relative_strength": -6.440142, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 65.062859, "energy": 63.257895, "activity_lines": [ 7.625996, 7.311831, 7.123744, 7.09373 ] }, { "date": "2024-10-25", "close": 7.969586, "volume": 102721310, "typical_volume": 56146012.6, "trend": 7.088518, "fair_value": 8.290343, "relative_strength": -7.086622, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.774705, "energy": 72.23564, "activity_lines": [ 7.807077, 7.457456, 7.212047, 7.15201 ] }, { "date": "2024-11-01", "close": 7.820343, "volume": 114343272, "typical_volume": 60275502.55, "trend": 7.104172, "fair_value": 8.28364, "relative_strength": -7.064263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.601325, "energy": 66.644609, "activity_lines": [ 7.843559, 7.562921, 7.280746, 7.199225 ] }, { "date": "2024-11-08", "close": 8.417315, "volume": 97125045, "typical_volume": 63444602.4, "trend": 7.153538, "fair_value": 8.279076, "relative_strength": -5.979728, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.024242, "energy": 72.347901, "activity_lines": [ 8.039233, 7.759199, 7.403268, 7.283944 ] }, { "date": "2024-11-15", "close": 8.069081, "volume": 100006356, "typical_volume": 66207404.85, "trend": 7.210701, "fair_value": 8.269158, "relative_strength": -6.11978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.724592, "energy": 59.937405, "activity_lines": [ 8.084337, 7.869186, 7.48637, 7.343011 ] }, { "date": "2024-11-22", "close": 8.268073, "volume": 93427278, "typical_volume": 69078564.5, "trend": 7.260355, "fair_value": 8.259766, "relative_strength": -0.676627, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.988355, "energy": 50.711007, "activity_lines": [ 8.16526, 7.992561, 7.583733, 7.411229 ] }, { "date": "2024-11-29", "close": 9.143632, "volume": 229832829, "typical_volume": 78786509.4, "trend": 7.326697, "fair_value": 8.254675, "relative_strength": 8.112667, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.325377, "energy": 71.572283, "activity_lines": [ 8.510178, 8.242746, 7.757661, 7.53273 ] }, { "date": "2024-12-06", "close": 8.874995, "volume": 136145933, "typical_volume": 83557093.15, "trend": 7.383426, "fair_value": 8.245926, "relative_strength": 3.406917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.004504, "energy": 67.515301, "activity_lines": [ 8.68728, 8.396874, 7.896528, 7.63262 ] }, { "date": "2024-12-13", "close": 9.123734, "volume": 123131988, "typical_volume": 87825759.7, "trend": 7.442197, "fair_value": 8.2334, "relative_strength": 7.195142, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.865699, "energy": 73.031184, "activity_lines": [ 8.876985, 8.566197, 8.04942, 7.744898 ] }, { "date": "2024-12-20", "close": 10.53657, "volume": 211057918, "typical_volume": 96398100.35, "trend": 7.549049, "fair_value": 8.231867, "relative_strength": 24.306694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.851766, "energy": 86.506937, "activity_lines": [ 9.490541, 8.970149, 8.32488, 7.944535 ] }, { "date": "2024-12-27", "close": 12.218042, "volume": 1046851743, "typical_volume": 146930293.75, "trend": 7.709649, "fair_value": 8.237741, "relative_strength": 43.119394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.633654, "energy": 95.945845, "activity_lines": [ 10.500088, 9.626638, 8.742998, 8.245761 ] }, { "date": "2025-01-03", "close": 14.247749, "volume": 903358772, "typical_volume": 189021842.95, "trend": 7.956652, "fair_value": 8.260497, "relative_strength": 77.8011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.859089, "energy": 98.622977, "activity_lines": [ 11.922872, 10.572749, 9.327889, 8.667574 ] }, { "date": "2025-01-10", "close": 12.47673, "volume": 1088402153, "typical_volume": 240215197.6, "trend": 8.13309, "fair_value": 8.273649, "relative_strength": 56.121136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.842764, "energy": 89.113931, "activity_lines": [ 12.415043, 11.082709, 9.710804, 8.959192 ] }, { "date": "2025-01-17", "close": 11.043996, "volume": 740578604, "typical_volume": 271629367.6, "trend": 8.264425, "fair_value": 8.277992, "relative_strength": 32.70964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.659979, "energy": 83.145917, "activity_lines": [ 12.18952, 11.247509, 9.930452, 9.146992 ] }, { "date": "2025-01-24", "close": 10.73556, "volume": 705729487, "typical_volume": 303114200.45, "trend": 8.386141, "fair_value": 8.281044, "relative_strength": 26.851656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.06831, "energy": 57.699602, "activity_lines": [ 11.733168, 11.308473, 10.1022, 9.30642 ] }, { "date": "2025-01-31", "close": 9.959496, "volume": 78539366, "typical_volume": 304719918.05, "trend": 8.490279, "fair_value": 8.277561, "relative_strength": 18.905447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.593184, "energy": 33.214163, "activity_lines": [ 11.004861, 11.179852, 10.18137, 9.407927 ] }, { "date": "2025-02-07", "close": 10.854955, "volume": 247140407, "typical_volume": 315674491.45, "trend": 8.613654, "fair_value": 8.280879, "relative_strength": 23.680501, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.623467, "energy": 24.979013, "activity_lines": [ 10.725611, 11.18329, 10.329287, 9.560487 ] }, { "date": "2025-02-14", "close": 10.606215, "volume": 341856381, "typical_volume": 329578140.55, "trend": 8.739018, "fair_value": 8.280667, "relative_strength": 18.081941, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.011192, "energy": 24.247849, "activity_lines": [ 10.589633, 11.110386, 10.432999, 9.689039 ] }, { "date": "2025-02-21", "close": 11.233037, "volume": 505953640, "typical_volume": 353021193.75, "trend": 8.893236, "fair_value": 8.289594, "relative_strength": 21.561139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.750044, "energy": 21.234382, "activity_lines": [ 10.787297, 11.119974, 10.5803, 9.849943 ] }, { "date": "2025-02-28", "close": 10.128638, "volume": 329286374, "typical_volume": 363465159.0, "trend": 9.002017, "fair_value": 8.2975, "relative_strength": 12.990934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.458191, "energy": 19.037619, "activity_lines": [ 10.604226, 10.890411, 10.606547, 9.929647 ] }, { "date": "2025-03-07", "close": 10.307729, "volume": 164756083, "typical_volume": 368012246.95, "trend": 9.124065, "fair_value": 8.30543, "relative_strength": 12.003533, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.877921, "energy": 15.559292, "activity_lines": [ 10.521313, 10.700827, 10.637865, 10.013886 ] }, { "date": "2025-03-14", "close": 10.327629, "volume": 138754854, "typical_volume": 369813924.15, "trend": 9.226546, "fair_value": 8.312363, "relative_strength": 10.355224, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.418628, "energy": 10.989491, "activity_lines": [ 10.421818, 10.549594, 10.659375, 10.091535 ] }, { "date": "2025-03-21", "close": 10.049042, "volume": 115471109, "typical_volume": 369870316.0, "trend": 9.333337, "fair_value": 8.317635, "relative_strength": 9.889032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.381876, "energy": 12.572858, "activity_lines": [ 10.264615, 10.418984, 10.643124, 10.1446 ] }, { "date": "2025-03-28", "close": 9.471968, "volume": 91392936, "typical_volume": 369583710.55, "trend": 9.410612, "fair_value": 8.320582, "relative_strength": 4.089844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.892981, "energy": 11.145888, "activity_lines": [ 9.952199, 10.227591, 10.561301, 10.153544 ] }, { "date": "2025-04-04", "close": 9.143632, "volume": 60710383, "typical_volume": 367618911.9, "trend": 9.488219, "fair_value": 8.324172, "relative_strength": 2.566215, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.101381, "energy": 29.084859, "activity_lines": [ 9.647743, 10.005082, 10.443185, 10.136319 ] }, { "date": "2025-04-11", "close": 8.218325, "volume": 133814998, "typical_volume": 369638297.9, "trend": 9.545926, "fair_value": 8.323205, "relative_strength": -3.015139, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.449482, "energy": 57.132101, "activity_lines": [ 9.100518, 9.643281, 10.231829, 10.054391 ] }, { "date": "2025-04-18", "close": 8.287971, "volume": 70679010, "typical_volume": 361680606.95, "trend": 9.603965, "fair_value": 8.323309, "relative_strength": -2.02083, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.433763, "energy": 64.490744, "activity_lines": [ 8.715802, 9.3258, 10.027342, 9.973232 ] }, { "date": "2025-04-25", "close": 8.407366, "volume": 131879609, "typical_volume": 361467290.75, "trend": 9.643431, "fair_value": 8.325052, "relative_strength": -2.252354, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.690487, "energy": 69.539131, "activity_lines": [ 8.506861, 9.076699, 9.8383, 9.896032 ] }, { "date": "2025-05-02", "close": 8.516811, "volume": 40767219, "typical_volume": 357349052.3, "trend": 9.663994, "fair_value": 8.328122, "relative_strength": -1.057904, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.78327, "energy": 68.367557, "activity_lines": [ 8.443848, 8.887477, 9.661909, 9.823347 ] }, { "date": "2025-05-09", "close": 8.765551, "volume": 66438828, "typical_volume": 350118097.8, "trend": 9.702465, "fair_value": 8.33491, "relative_strength": -0.732973, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.132037, "energy": 61.560701, "activity_lines": [ 8.527424, 8.792866, 9.512098, 9.765383 ] }, { "date": "2025-05-16", "close": 8.616306, "volume": 57837301, "typical_volume": 300667375.7, "trend": 9.728003, "fair_value": 8.341865, "relative_strength": -3.117705, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.703037, "energy": 52.451677, "activity_lines": [ 8.586458, 8.695903, 9.356505, 9.695308 ] }, { "date": "2025-05-23", "close": 8.715802, "volume": 147963791, "typical_volume": 262897626.65, "trend": 9.752876, "fair_value": 8.357202, "relative_strength": -1.720653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.47554, "energy": 39.924579, "activity_lines": [ 8.652125, 8.647783, 9.22754, 9.630005 ] }, { "date": "2025-05-30", "close": 9.004339, "volume": 173561339, "typical_volume": 217155585.95, "trend": 9.792343, "fair_value": 8.375201, "relative_strength": 2.221668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.20303, "energy": 33.409784, "activity_lines": [ 8.785449, 8.681431, 9.152398, 9.581712 ] }, { "date": "2025-06-06", "close": 9.073986, "volume": 65722808, "typical_volume": 183412796.15, "trend": 9.814232, "fair_value": 8.391023, "relative_strength": 1.227223, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.298211, "energy": 28.086354, "activity_lines": [ 8.90219, 8.746736, 9.100423, 9.535367 ] }, { "date": "2025-06-13", "close": 10.06, "volume": 258034168, "typical_volume": 161028030.2, "trend": 9.880596, "fair_value": 8.40742, "relative_strength": 12.375957, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.757824, "energy": 17.647659, "activity_lines": [ 9.310458, 8.998553, 9.151736, 9.551223 ] }, { "date": "2025-06-20", "close": 9.5, "volume": 406981963, "typical_volume": 177450160.05, "trend": 9.92166, "fair_value": 8.418622, "relative_strength": 6.976512, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.010018, "energy": 22.242447, "activity_lines": [ 9.445763, 9.13189, 9.152932, 9.526668 ] }, { "date": "2025-06-27", "close": 9.92, "volume": 288849157, "typical_volume": 179535597.55, "trend": 9.947539, "fair_value": 8.431951, "relative_strength": 7.324771, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.36401, "energy": 18.484899, "activity_lines": [ 9.662154, 9.318287, 9.196316, 9.526561 ] }, { "date": "2025-07-04", "close": 9.59, "volume": 141281279, "typical_volume": 169506842.45, "trend": 9.971373, "fair_value": 8.444673, "relative_strength": 2.189773, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.938884, "energy": 19.831594, "activity_lines": [ 9.688266, 9.415012, 9.212724, 9.503494 ] }, { "date": "2025-07-11", "close": 9.5, "volume": 99332590, "typical_volume": 149175789.95, "trend": 9.983915, "fair_value": 8.456817, "relative_strength": -0.713799, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.953704, "energy": 16.02554, "activity_lines": [ 9.645333, 9.47387, 9.2254, 9.473083 ] }, { "date": "2025-07-18", "close": 9.39, "volume": 79486950, "typical_volume": 136685818.75, "trend": 9.945696, "fair_value": 8.46744, "relative_strength": -4.010192, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.277022, "energy": 11.801576, "activity_lines": [ 9.537333, 9.494852, 9.235852, 9.434766 ] }, { "date": "2025-07-25", "close": 9.49, "volume": 77820896, "typical_volume": 132339059.4, "trend": 9.854761, "fair_value": 8.476693, "relative_strength": -5.361967, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.730131, "energy": 11.019634, "activity_lines": [ 9.507333, 9.522663, 9.259345, 9.405366 ] }, { "date": "2025-08-01", "close": 9.17, "volume": 71051950, "typical_volume": 128953914.2, "trend": 9.685503, "fair_value": 8.484838, "relative_strength": -7.145019, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.063988, "energy": 17.408435, "activity_lines": [ 9.371333, 9.476406, 9.256255, 9.361188 ] }, { "date": "2025-08-08", "close": 9.25, "volume": 56859920, "typical_volume": 126023354.75, "trend": 9.577945, "fair_value": 8.495882, "relative_strength": -7.568834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.840045, "energy": 18.759757, "activity_lines": [ 9.312, 9.436436, 9.266298, 9.333091 ] }, { "date": "2025-08-15", "close": 9.4, "volume": 79698072, "typical_volume": 125438611.55, "trend": 9.523145, "fair_value": 8.504182, "relative_strength": -10.038194, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.790096, "energy": 16.383087, "activity_lines": [ 9.325333, 9.419273, 9.294431, 9.32161 ] }, { "date": "2025-08-22", "close": 9.92, "volume": 223772987, "typical_volume": 133591741.75, "trend": 9.49596, "fair_value": 8.515752, "relative_strength": -9.16697, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.017616, "energy": 11.900327, "activity_lines": [ 9.518667, 9.490727, 9.37243, 9.347214 ] }, { "date": "2025-08-29", "close": 9.71, "volume": 167788043, "typical_volume": 135290394.0, "trend": 9.487643, "fair_value": 8.522395, "relative_strength": -14.633617, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.413875, "energy": 18.09882, "activity_lines": [ 9.606667, 9.526545, 9.426733, 9.361023 ] }, { "date": "2025-09-05", "close": 9.32, "volume": 105190465, "typical_volume": 137015966.75, "trend": 9.436478, "fair_value": 8.52371, "relative_strength": -17.201008, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.422232, "energy": 13.356125, "activity_lines": [ 9.55, 9.487636, 9.43679, 9.350207 ] }, { "date": "2025-09-12", "close": 9.2, "volume": 66647560, "typical_volume": 133754364.3, "trend": 9.389604, "fair_value": 8.519545, "relative_strength": -20.203739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.675135, "energy": 7.317814, "activity_lines": [ 9.443333, 9.437818, 9.430503, 9.334951 ] }, { "date": "2025-09-19", "close": 9.31, "volume": 100953168, "typical_volume": 136763661.75, "trend": 9.325503, "fair_value": 8.522869, "relative_strength": -19.9863, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 15.101485, "energy": 9.432942, "activity_lines": [ 9.376667, 9.415091, 9.430918, 9.329815 ] }, { "date": "2025-09-26", "close": 9.04, "volume": 82828958, "typical_volume": 137583168.25, "trend": 9.289215, "fair_value": 8.520568, "relative_strength": -22.994889, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.392292, "energy": 18.749904, "activity_lines": [ 9.226, 9.346727, 9.401842, 9.311395 ] }, { "date": "2025-10-03", "close": 9.04, "volume": 24947218, "typical_volume": 135938664.1, "trend": 9.246958, "fair_value": 8.520843, "relative_strength": -24.668892, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.829704, "energy": 30.359097, "activity_lines": [ 9.134, 9.284727, 9.371459, 9.295317 ] }, { "date": "2025-10-10", "close": 9.14, "volume": 29980356, "typical_volume": 130039492.35, "trend": 9.20737, "fair_value": 8.526219, "relative_strength": -22.738997, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.325056, "energy": 31.260912, "activity_lines": [ 9.12, 9.249091, 9.348582, 9.288416 ] }, { "date": "2025-10-17", "close": 8.55, "volume": 52226033, "typical_volume": 123972727.05, "trend": 9.157402, "fair_value": 8.528505, "relative_strength": -23.791031, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.791943, "energy": 49.654778, "activity_lines": [ 8.921333, 9.106727, 9.267495, 9.246005 ] }, { "date": "2025-10-24", "close": 8.95, "volume": 38415012, "typical_volume": 122607337.25, "trend": 9.140003, "fair_value": 8.538129, "relative_strength": -23.701187, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.272955, "energy": 39.735003, "activity_lines": [ 8.899333, 9.049818, 9.226667, 9.232625 ] }, { "date": "2025-10-31", "close": 8.73, "volume": 52128110, "typical_volume": 112312034.35, "trend": 9.126215, "fair_value": 8.544772, "relative_strength": -25.917973, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.214799, "energy": 41.895067, "activity_lines": [ 8.828, 8.961091, 9.165476, 9.206173 ] }, { "date": "2025-11-07", "close": 8.89, "volume": 50931394, "typical_volume": 94509505.9, "trend": 9.148604, "fair_value": 8.549739, "relative_strength": -24.556003, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.158822, "energy": 39.374027, "activity_lines": [ 8.830667, 8.923091, 9.125857, 9.190933 ] }, { "date": "2025-11-14", "close": 8.94, "volume": 50693920, "typical_volume": 82601744.05, "trend": 9.170339, "fair_value": 8.557603, "relative_strength": -22.927121, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.405867, "energy": 21.42967, "activity_lines": [ 8.86, 8.909091, 9.093905, 9.177475 ] }, { "date": "2025-11-21", "close": 8.37, "volume": 52889564, "typical_volume": 78182158.3, "trend": 9.169093, "fair_value": 8.554777, "relative_strength": -23.731342, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.9825, "energy": 52.273404, "activity_lines": [ 8.712667, 8.798364, 9.012333, 9.12584 ] }, { "date": "2025-11-28", "close": 8.81, "volume": 43137229, "typical_volume": 75372390.25, "trend": 9.178866, "fair_value": 8.555273, "relative_strength": -22.166421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.372911, "energy": 37.293648, "activity_lines": [ 8.724, 8.782727, 8.978476, 9.102673 ] }, { "date": "2025-12-05", "close": 8.96, "volume": 63295974, "typical_volume": 74562841.45, "trend": 9.185348, "fair_value": 8.557925, "relative_strength": -21.582421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.507233, "energy": 31.043363, "activity_lines": [ 8.794667, 8.803455, 8.96219, 9.088552 ] }, { "date": "2025-12-12", "close": 8.53, "volume": 43843545, "typical_volume": 72863973.9, "trend": 9.182471, "fair_value": 8.560522, "relative_strength": -25.626031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.976187, "energy": 44.486145, "activity_lines": [ 8.706667, 8.747455, 8.907, 9.046272 ] }, { "date": "2025-12-19", "close": 8.39, "volume": 46189747, "typical_volume": 71620863.75, "trend": 9.171611, "fair_value": 8.561907, "relative_strength": -25.608361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.414643, "energy": 43.267248, "activity_lines": [ 8.596, 8.675273, 8.843048, 8.995145 ] }, { "date": "2025-12-26", "close": 8.43, "volume": 41296383, "typical_volume": 70842686.9, "trend": 9.152466, "fair_value": 8.56512, "relative_strength": -26.939527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.544784, "energy": 51.378174, "activity_lines": [ 8.535333, 8.624, 8.786619, 8.947299 ] }, { "date": "2026-01-02", "close": 8.46, "volume": 28058854, "typical_volume": 68260726.0, "trend": 9.132, "fair_value": 8.562744, "relative_strength": -24.865136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.457146, "energy": 59.782836, "activity_lines": [ 8.480667, 8.580364, 8.736952, 8.902624 ] }, { "date": "2026-01-09", "close": 8.76, "volume": 60967139, "typical_volume": 60120433.6, "trend": 9.088667, "fair_value": 8.568324, "relative_strength": -24.338063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.838046, "energy": 41.47343, "activity_lines": [ 8.549333, 8.600182, 8.720333, 8.878624 ] }, { "date": "2026-01-16", "close": 8.86, "volume": 82394897, "typical_volume": 55850776.3, "trend": 9.067333, "fair_value": 8.57291, "relative_strength": -23.499756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.872672, "energy": 24.242315, "activity_lines": [ 8.664667, 8.637636, 8.718762, 8.863871 ] }, { "date": "2026-01-23", "close": 9.14, "volume": 71241132, "typical_volume": 54153309.65, "trend": 9.041333, "fair_value": 8.575585, "relative_strength": -21.182463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.601548, "energy": 13.581061, "activity_lines": [ 8.851333, 8.726545, 8.747905, 8.868559 ] }, { "date": "2026-01-30", "close": 8.5, "volume": 96563327, "typical_volume": 55649098.0, "trend": 9.005, "fair_value": 8.5751, "relative_strength": -24.806865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.99757, "energy": 23.094171, "activity_lines": [ 8.774667, 8.695455, 8.716952, 8.833634 ] }, { "date": "2026-02-06", "close": 8.49, "volume": 46364987, "typical_volume": 52919688.95, "trend": 8.971333, "fair_value": 8.573231, "relative_strength": -22.500773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.903796, "energy": 19.488255, "activity_lines": [ 8.69, 8.660182, 8.688381, 8.800409 ] }, { "date": "2026-02-13", "close": 8.47, "volume": 36757033, "typical_volume": 50616092.7, "trend": 8.940667, "fair_value": 8.567715, "relative_strength": -23.018794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.073248, "energy": 26.877036, "activity_lines": [ 8.596667, 8.627091, 8.66181, 8.768065 ] }, { "date": "2026-02-27", "close": 8.75, "volume": 41157150, "typical_volume": 51426589.3, "trend": 8.916, "fair_value": 8.565, "relative_strength": -21.83468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.973943, "energy": 29.569113, "activity_lines": [ 8.616, 8.653818, 8.664619, 8.755763 ] }, { "date": "2026-03-06", "close": 8.82, "volume": 151671205, "typical_volume": 57511131.75, "trend": 8.904333, "fair_value": 8.565121, "relative_strength": -18.744537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.877288, "energy": 15.483785, "activity_lines": [ 8.666, 8.689273, 8.675476, 8.74957 ] }, { "date": "2026-03-13", "close": 9.24, "volume": 273781884, "typical_volume": 68588924.3, "trend": 8.904, "fair_value": 8.567306, "relative_strength": -14.871056, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.160457, "energy": 8.441309, "activity_lines": [ 8.877333, 8.793273, 8.727857, 8.771226 ] }, { "date": "2026-03-20", "close": 8.33, "volume": 145522321, "typical_volume": 73944289.75, "trend": 8.868333, "fair_value": 8.562464, "relative_strength": -20.274568, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.442564, "energy": 15.346334, "activity_lines": [ 8.736, 8.717091, 8.690286, 8.734194 ] }, { "date": "2026-03-27", "close": 7.89, "volume": 112672709, "typical_volume": 76971519.7, "trend": 8.800667, "fair_value": 8.555869, "relative_strength": -23.185761, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.403369, "energy": 31.322899, "activity_lines": [ 8.458667, 8.563273, 8.613762, 8.671075 ] }, { "date": "2026-04-03", "close": 7.46, "volume": 65589438, "typical_volume": 77704421.9, "trend": 8.725667, "fair_value": 8.546079, "relative_strength": -24.505653, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.466991, "energy": 66.869542, "activity_lines": [ 8.076667, 8.347091, 8.500286, 8.584581 ] }, { "date": "2026-04-10", "close": 8.12, "volume": 81875587, "typical_volume": 79263505.25, "trend": 8.685667, "fair_value": 8.538446, "relative_strength": -22.687569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.024778, "energy": 62.154252, "activity_lines": [ 8.000667, 8.276364, 8.456476, 8.545505 ] }, { "date": "2026-04-17", "close": 8.22, "volume": 63511195, "typical_volume": 79794586.8, "trend": 8.653, "fair_value": 8.531893, "relative_strength": -24.200746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.61919, "energy": 62.369245, "activity_lines": [ 8.004667, 8.242364, 8.426095, 8.515462 ] }, { "date": "2026-04-24", "close": 7.9, "volume": 69447017, "typical_volume": 81110076.2, "trend": 8.606, "fair_value": 8.520965, "relative_strength": -26.803722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.335798, "energy": 55.489472, "activity_lines": [ 7.97, 8.155273, 8.365952, 8.466882 ] }, { "date": "2026-05-01", "close": 7.93, "volume": 47866156, "typical_volume": 80338585.3, "trend": 8.569, "fair_value": 8.512679, "relative_strength": -26.709243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.271933, "energy": 33.725365, "activity_lines": [ 7.974, 8.084364, 8.313, 8.423269 ] }, { "date": "2026-05-08", "close": 8.19, "volume": 42903874, "typical_volume": 80291601.75, "trend": 8.540667, "fair_value": 8.512468, "relative_strength": -25.860146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.071331, "energy": 27.955797, "activity_lines": [ 8.062, 8.070545, 8.289714, 8.398817 ] }, { "date": "2026-05-15", "close": 8.11, "volume": 95161267, "typical_volume": 82740177.75, "trend": 8.506333, "fair_value": 8.510425, "relative_strength": -25.881227, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.848674, "energy": 23.240869, "activity_lines": [ 8.074667, 8.052364, 8.260429, 8.371032 ] }, { "date": "2026-05-22", "close": 8.92, "volume": 195334579, "typical_volume": 90442087.55, "trend": 8.518667, "fair_value": 8.513637, "relative_strength": -18.050971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.425973, "energy": 10.233155, "activity_lines": [ 8.358, 8.194364, 8.309619, 8.39772 ] }, { "date": "2026-05-29", "close": 8.1, "volume": 164122358, "typical_volume": 97245262.75, "trend": 8.490333, "fair_value": 8.512221, "relative_strength": -24.773391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.587585, "energy": 17.353041, "activity_lines": [ 8.321333, 8.193091, 8.278381, 8.37071 ] }, { "date": "2026-06-05", "close": 8.57, "volume": 39338346, "typical_volume": 96163823.1, "trend": 8.485, "fair_value": 8.511933, "relative_strength": -18.288472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.404785, "energy": 14.548839, "activity_lines": [ 8.428, 8.281455, 8.293619, 8.375849 ] }, { "date": "2026-06-12", "close": 7.31, "volume": 34954100, "typical_volume": 93791783.25, "trend": 8.432333, "fair_value": 8.50338, "relative_strength": -27.850317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.610854, "energy": 25.2633, "activity_lines": [ 8.072, 8.128364, 8.189762, 8.300043 ] }, { "date": "2026-06-19", "close": 7.98, "volume": 123030488, "typical_volume": 96381251.05, "trend": 8.400333, "fair_value": 8.496923, "relative_strength": -25.430642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.911218, "energy": 31.662253, "activity_lines": [ 7.998, 8.099818, 8.157095, 8.27086 ] }, { "date": "2026-06-26", "close": 7.63, "volume": 26547852, "typical_volume": 92880477.3, "trend": 8.375667, "fair_value": 8.489353, "relative_strength": -26.593096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.883933, "energy": 49.491891, "activity_lines": [ 7.816, 8.010182, 8.096619, 8.221161 ] }, { "date": "2026-07-03", "close": 7.51, "volume": 18188451, "typical_volume": 91471650.5, "trend": 8.332333, "fair_value": 8.480949, "relative_strength": -25.865176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.839447, "energy": 60.875817, "activity_lines": [ 7.68, 7.909455, 8.028857, 8.165312 ] }, { "date": "2026-07-10", "close": 6.84, "volume": 74542151, "typical_volume": 93360906.4, "trend": 8.261667, "fair_value": 8.470023, "relative_strength": -29.045001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.114826, "energy": 70.806987, "activity_lines": [ 7.36, 7.694, 7.901952, 8.069032 ] }, { "date": "2026-07-17", "close": 6.13, "volume": 52646198, "typical_volume": 93935358.8, "trend": 8.181667, "fair_value": 8.45309, "relative_strength": -29.25824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.485644, "energy": 83.432758, "activity_lines": [ 6.918667, 7.369273, 7.71519, 7.931505 ] }, { "date": "2026-07-24", "close": 5.9, "volume": 46696698, "typical_volume": 88686633.45, "trend": 8.098667, "fair_value": 8.433923, "relative_strength": -31.345314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.023248, "energy": 89.684201, "activity_lines": [ 6.479333, 7.040182, 7.519, 7.784301 ] }, { "date": "2026-07-31", "close": 6.26, "volume": 40595660, "typical_volume": 77027322.25, "trend": 8.026333, "fair_value": 8.416053, "relative_strength": -25.209953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.789606, "energy": 85.181208, "activity_lines": [ 6.298667, 6.816727, 7.371, 7.665677 ] }, { "date": "2026-08-07", "close": 6.37, "volume": 38708981, "typical_volume": 71686655.25, "trend": 7.956667, "fair_value": 8.401101, "relative_strength": -26.901312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.850397, "energy": 82.546417, "activity_lines": [ 6.246, 6.661636, 7.247667, 7.558817 ] } ], "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." } } }