{ "ticker": { "uuid": "fb8e6ea5-e9aa-4a6a-9bfd-70913e1c4cb9", "symbol": "300076", "name": "Ningbo GQY Video & Telecom Joint-Stock 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": -61.095, "architecture_energy": 54.403, "architecture_maturity": 64.297, "architecture_confidence": 91.631, "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": 14.67, "rotation_up": 26.37, "upward_expansion": 8.96, "deceleration": 52.2, "rotation_down": 50.76, "downward_expansion": 79.96 }, "activity_lines": [ 4.195333, 4.279091, 4.510905, 5.011548 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 4.26, "trend_reference": 5.817667, "distance_from_trend": -0.267748, "trend_direction": "Weakening", "fair_value": 5.692756, "distance_from_fair_value": -0.251681, "fair_value_direction": "Weakening", "relative_strength": -34.196319, "relative_strength_direction": "Improving", "price_momentum": -0.438735, "excess_performance": -0.446135, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.267748, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.135048, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.251681, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.092872, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.341963, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.077292, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.438735, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.247755, "read": "Demand-led" } ], "volume": { "latest": 34382166, "relative_activity": 0.699219, "balance": 1.247755, "dry_up": 0.4387, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.116649, "annualized_volatility": 0.566913, "from_high_reference": -0.515909, "from_low_reference": 0.129973 }, "levels": { "trend_reference": 5.817667, "fair_value_reference": 5.692756, "structural_low": 3.77, "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": 20, "median_return": -0.007808, "positive_rate": 0.45, "directional_follow_through": 0.55, "median_excess_return": -0.007137, "regime_survival": 0.75, "best_return": 0.066132, "worst_return": -0.203947, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.007471, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.022807, "regime_survival": 0.5, "best_return": 0.895028, "worst_return": -0.143426, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.072125, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.154784, "regime_survival": 0.2, "best_return": 0.91989, "worst_return": -0.15814, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.085889, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.020493, "regime_survival": 0.5, "best_return": 0.805405, "worst_return": -0.278752, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-23", "end": "2024-08-23", "tenure": "Extended", "return": -0.15814, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-09-20", "tenure": "New", "return": 0.08871, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-11", "tenure": "New", "return": 0.054422, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-17", "tenure": "Established", "return": 0.479691, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-03-07", "tenure": "Developing", "return": 0.164756, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": -0.284153, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.022936, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-09", "end": "2025-06-06", "tenure": "Developing", "return": -0.030391, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-08-22", "tenure": "Developing", "return": 0.060559, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-11-28", "tenure": "Established", "return": 0.122481, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-02-13", "tenure": "Developing", "return": 0.119318, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-04-03", "tenure": "Developing", "return": -0.280593, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": -0.195, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": -0.151394, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 5.1, "volume": 29003100, "typical_volume": 37093375.75, "trend": 5.274, "fair_value": 5.208269, "relative_strength": 0.650956, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.485532, "energy": 35.712207, "activity_lines": [ 5.048667, 5.083818, 5.117238, 5.186215 ] }, { "date": "2023-08-04", "close": 5.25, "volume": 31168600, "typical_volume": 37143805.25, "trend": 5.278667, "fair_value": 5.210128, "relative_strength": 1.953953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.038675, "energy": 12.242844, "activity_lines": [ 5.117333, 5.106, 5.124143, 5.184667 ] }, { "date": "2023-08-11", "close": 4.99, "volume": 32299612, "typical_volume": 36404737.85, "trend": 5.265333, "fair_value": 5.210962, "relative_strength": 0.466251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.633955, "energy": 20.053919, "activity_lines": [ 5.089333, 5.080182, 5.105857, 5.166043 ] }, { "date": "2023-08-18", "close": 4.82, "volume": 27559858, "typical_volume": 35448463.25, "trend": 5.241, "fair_value": 5.209487, "relative_strength": 0.037062, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.406632, "energy": 31.394342, "activity_lines": [ 4.998667, 5.029273, 5.074, 5.137312 ] }, { "date": "2023-08-25", "close": 4.6, "volume": 28391167, "typical_volume": 34856256.6, "trend": 5.215333, "fair_value": 5.205897, "relative_strength": -1.668581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.989747, "energy": 57.577523, "activity_lines": [ 4.856667, 4.946727, 5.024857, 5.095957 ] }, { "date": "2023-09-01", "close": 5.3, "volume": 63391675, "typical_volume": 35096930.35, "trend": 5.199333, "fair_value": 5.205833, "relative_strength": 9.288811, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.508116, "energy": 30.113039, "activity_lines": [ 4.972667, 5.002182, 5.047095, 5.101419 ] }, { "date": "2023-09-08", "close": 5.32, "volume": 42551550, "typical_volume": 34224750.85, "trend": 5.180333, "fair_value": 5.204808, "relative_strength": 11.232099, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.673537, "energy": 9.54329, "activity_lines": [ 5.082, 5.057091, 5.072238, 5.109204 ] }, { "date": "2023-09-15", "close": 5.19, "volume": 30317396, "typical_volume": 33548775.0, "trend": 5.170333, "fair_value": 5.200962, "relative_strength": 9.747247, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.341856, "energy": 9.990087, "activity_lines": [ 5.143333, 5.084364, 5.083476, 5.109828 ] }, { "date": "2023-09-22", "close": 5.21, "volume": 34792800, "typical_volume": 34683175.0, "trend": 5.165333, "fair_value": 5.191667, "relative_strength": 9.337378, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.865626, "energy": 20.63896, "activity_lines": [ 5.198, 5.11, 5.095381, 5.112387 ] }, { "date": "2023-09-29", "close": 5.3, "volume": 28053726, "typical_volume": 34206166.3, "trend": 5.162, "fair_value": 5.188397, "relative_strength": 11.469582, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.82976, "energy": 26.58136, "activity_lines": [ 5.256667, 5.150909, 5.114381, 5.121075 ] }, { "date": "2023-10-13", "close": 5.35, "volume": 45810104, "typical_volume": 34759546.3, "trend": 5.162667, "fair_value": 5.184231, "relative_strength": 12.460569, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.635559, "energy": 40.039635, "activity_lines": [ 5.285333, 5.194909, 5.136333, 5.133204 ] }, { "date": "2023-10-20", "close": 5.05, "volume": 36813168, "typical_volume": 35069982.4, "trend": 5.159, "fair_value": 5.179679, "relative_strength": 11.095214, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.965631, "energy": 18.389728, "activity_lines": [ 5.210667, 5.179818, 5.128667, 5.125935 ] }, { "date": "2023-10-27", "close": 4.84, "volume": 54160108, "typical_volume": 35919937.0, "trend": 5.135667, "fair_value": 5.174167, "relative_strength": 3.908993, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.812165, "energy": 18.78738, "activity_lines": [ 5.084, 5.130182, 5.101762, 5.105355 ] }, { "date": "2023-11-03", "close": 5.1, "volume": 63898860, "typical_volume": 37519595.0, "trend": 5.119333, "fair_value": 5.169103, "relative_strength": 8.347421, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.729013, "energy": 11.547721, "activity_lines": [ 5.067333, 5.130545, 5.101857, 5.103054 ] }, { "date": "2023-11-10", "close": 5.31, "volume": 62309383, "typical_volume": 39304704.15, "trend": 5.11, "fair_value": 5.162821, "relative_strength": 11.130669, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.162973, "energy": 19.958027, "activity_lines": [ 5.128, 5.164, 5.12281, 5.115355 ] }, { "date": "2023-11-17", "close": 5.77, "volume": 97463810, "typical_volume": 42306287.9, "trend": 5.118667, "fair_value": 5.157372, "relative_strength": 20.145121, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.054971, "energy": 43.652794, "activity_lines": [ 5.341333, 5.268182, 5.187, 5.157935 ] }, { "date": "2023-11-24", "close": 5.5, "volume": 104526804, "typical_volume": 45849758.1, "trend": 5.135333, "fair_value": 5.152885, "relative_strength": 15.748948, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.251341, "energy": 54.728744, "activity_lines": [ 5.436667, 5.314727, 5.222143, 5.182538 ] }, { "date": "2023-12-01", "close": 5.59, "volume": 46312230, "typical_volume": 46847535.4, "trend": 5.157333, "fair_value": 5.145833, "relative_strength": 18.660164, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.674402, "energy": 63.250955, "activity_lines": [ 5.532, 5.374364, 5.263952, 5.211871 ] }, { "date": "2023-12-08", "close": 5.4, "volume": 39644469, "typical_volume": 46798763.85, "trend": 5.174, "fair_value": 5.141923, "relative_strength": 16.476724, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.128051, "energy": 62.274926, "activity_lines": [ 5.514, 5.392182, 5.284381, 5.227527 ] }, { "date": "2023-12-15", "close": 5.51, "volume": 40241479, "typical_volume": 46935494.95, "trend": 5.193667, "fair_value": 5.140064, "relative_strength": 20.699948, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.097147, "energy": 46.689092, "activity_lines": [ 5.512667, 5.426545, 5.314095, 5.249204 ] }, { "date": "2023-12-22", "close": 5.19, "volume": 42511408, "typical_volume": 47610910.35, "trend": 5.195667, "fair_value": 5.138205, "relative_strength": 15.615638, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.167521, "energy": 19.38263, "activity_lines": [ 5.391333, 5.398909, 5.310762, 5.248968 ] }, { "date": "2023-12-29", "close": 5.46, "volume": 51902011, "typical_volume": 48647580.9, "trend": 5.204, "fair_value": 5.127821, "relative_strength": 17.302876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.58547, "energy": 17.653298, "activity_lines": [ 5.398667, 5.423273, 5.332714, 5.266022 ] }, { "date": "2024-01-05", "close": 5.33, "volume": 36342372, "typical_volume": 48849718.9, "trend": 5.204667, "fair_value": 5.126538, "relative_strength": 19.165353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.938743, "energy": 14.834588, "activity_lines": [ 5.365333, 5.416545, 5.341286, 5.274151 ] }, { "date": "2024-01-12", "close": 5.82, "volume": 506361824, "typical_volume": 72789817.2, "trend": 5.222667, "fair_value": 5.130769, "relative_strength": 30.919388, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.248151, "energy": 25.807372, "activity_lines": [ 5.512667, 5.49, 5.394905, 5.313849 ] }, { "date": "2024-01-19", "close": 5.22, "volume": 295916725, "typical_volume": 86166095.1, "trend": 5.223667, "fair_value": 5.132692, "relative_strength": 19.660265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.163386, "energy": 14.177954, "activity_lines": [ 5.432, 5.441273, 5.386619, 5.313677 ] }, { "date": "2024-01-26", "close": 4.99, "volume": 213720133, "typical_volume": 93682518.0, "trend": 5.221, "fair_value": 5.131859, "relative_strength": 14.30668, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.589817, "energy": 3.938805, "activity_lines": [ 5.294, 5.352364, 5.353476, 5.298602 ] }, { "date": "2024-02-02", "close": 3.68, "volume": 151152041, "typical_volume": 99112542.55, "trend": 5.173667, "fair_value": 5.125641, "relative_strength": -8.3384, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -48.293199, "energy": 45.765775, "activity_lines": [ 4.732667, 5.039455, 5.197048, 5.199183 ] }, { "date": "2024-02-09", "close": 3.15, "volume": 145292864, "typical_volume": 104861315.95, "trend": 5.115333, "fair_value": 5.115962, "relative_strength": -28.002931, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -84.370203, "energy": 80.429163, "activity_lines": [ 4.113333, 4.663273, 4.997952, 5.068624 ] }, { "date": "2024-02-23", "close": 4.3, "volume": 234656935, "typical_volume": 114854522.7, "trend": 5.087, "fair_value": 5.113846, "relative_strength": -4.349158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.357484, "energy": 73.069449, "activity_lines": [ 4.022667, 4.540545, 4.918095, 5.016022 ] }, { "date": "2024-03-01", "close": 4.21, "volume": 247376526, "typical_volume": 125820662.7, "trend": 5.061667, "fair_value": 5.112628, "relative_strength": -9.899181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.481691, "energy": 72.70868, "activity_lines": [ 4.003333, 4.421455, 4.834, 4.959441 ] }, { "date": "2024-03-08", "close": 4.18, "volume": 131298059, "typical_volume": 130095060.45, "trend": 5.031, "fair_value": 5.113846, "relative_strength": -9.88391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.928244, "energy": 61.068861, "activity_lines": [ 4.041333, 4.320545, 4.752238, 4.902559 ] }, { "date": "2024-03-15", "close": 4.37, "volume": 127862684, "typical_volume": 134647536.25, "trend": 5.001667, "fair_value": 5.115641, "relative_strength": -8.172541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.060115, "energy": 32.927295, "activity_lines": [ 4.196667, 4.272545, 4.694143, 4.859914 ] }, { "date": "2024-03-22", "close": 4.56, "volume": 134363067, "typical_volume": 138657684.2, "trend": 4.987333, "fair_value": 5.116154, "relative_strength": -3.748099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.04582, "energy": 22.567484, "activity_lines": [ 4.369333, 4.278909, 4.657381, 4.831419 ] }, { "date": "2024-03-29", "close": 4.37, "volume": 115039670, "typical_volume": 141214724.7, "trend": 4.972333, "fair_value": 5.115064, "relative_strength": -6.169146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.00222, "energy": 19.336173, "activity_lines": [ 4.384667, 4.264727, 4.603857, 4.791591 ] }, { "date": "2024-04-05", "close": 4.45, "volume": 84288526, "typical_volume": 142313681.85, "trend": 4.967333, "fair_value": 5.113013, "relative_strength": -5.855749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.991169, "energy": 16.556581, "activity_lines": [ 4.422, 4.291455, 4.561429, 4.757892 ] }, { "date": "2024-04-12", "close": 4.0, "volume": 99470820, "typical_volume": 142414032.35, "trend": 4.924, "fair_value": 5.109487, "relative_strength": -12.326003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.827751, "energy": 22.268829, "activity_lines": [ 4.293333, 4.250364, 4.480238, 4.695484 ] }, { "date": "2024-04-19", "close": 3.63, "volume": 131959902, "typical_volume": 143785687.25, "trend": 4.867667, "fair_value": 5.103782, "relative_strength": -20.640797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.013405, "energy": 41.175716, "activity_lines": [ 4.053333, 4.16, 4.372238, 4.612 ] }, { "date": "2024-04-26", "close": 3.76, "volume": 81408206, "typical_volume": 145540486.05, "trend": 4.82, "fair_value": 5.098462, "relative_strength": -19.181227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.953391, "energy": 52.256218, "activity_lines": [ 3.906, 4.094182, 4.285524, 4.540538 ] }, { "date": "2024-05-03", "close": 3.88, "volume": 28776502, "typical_volume": 144997087.7, "trend": 4.775667, "fair_value": 5.095513, "relative_strength": -17.570663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.263211, "energy": 56.777652, "activity_lines": [ 3.852, 4.039091, 4.218952, 4.479892 ] }, { "date": "2024-05-10", "close": 3.67, "volume": 76983862, "typical_volume": 146834206.85, "trend": 4.721333, "fair_value": 5.085962, "relative_strength": -23.012884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.418005, "energy": 66.091969, "activity_lines": [ 3.760667, 3.953455, 4.139619, 4.408559 ] }, { "date": "2024-05-17", "close": 3.84, "volume": 65984200, "typical_volume": 148007846.45, "trend": 4.671, "fair_value": 5.080962, "relative_strength": -19.129954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.2131, "energy": 56.770525, "activity_lines": [ 3.778, 3.908545, 4.085238, 4.351699 ] }, { "date": "2024-05-24", "close": 3.71, "volume": 86316530, "typical_volume": 149728572.4, "trend": 4.626333, "fair_value": 5.076282, "relative_strength": -19.33699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.63136, "energy": 56.418565, "activity_lines": [ 3.762667, 3.846182, 4.024905, 4.289699 ] }, { "date": "2024-05-31", "close": 3.7, "volume": 49175327, "typical_volume": 150370220.15, "trend": 4.588333, "fair_value": 5.073141, "relative_strength": -18.821624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.415623, "energy": 56.09712, "activity_lines": [ 3.738667, 3.794, 3.971952, 4.229935 ] }, { "date": "2024-06-07", "close": 3.22, "volume": 79810600, "typical_volume": 129042658.95, "trend": 4.525667, "fair_value": 5.066795, "relative_strength": -28.155112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.215222, "energy": 62.813854, "activity_lines": [ 3.558667, 3.670182, 3.881048, 4.141656 ] }, { "date": "2024-06-14", "close": 3.3, "volume": 35457147, "typical_volume": 116019680.05, "trend": 4.458667, "fair_value": 5.059038, "relative_strength": -25.972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.360865, "energy": 67.762925, "activity_lines": [ 3.449333, 3.581818, 3.810143, 4.062581 ] }, { "date": "2024-06-21", "close": 3.18, "volume": 47782040, "typical_volume": 107722775.4, "trend": 4.372333, "fair_value": 5.050769, "relative_strength": -26.784771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.522704, "energy": 72.250442, "activity_lines": [ 3.324667, 3.492545, 3.736952, 3.980086 ] }, { "date": "2024-06-28", "close": 3.2, "volume": 52518030, "typical_volume": 102791074.85, "trend": 4.295667, "fair_value": 5.042628, "relative_strength": -24.228502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.591494, "energy": 74.676771, "activity_lines": [ 3.250667, 3.421818, 3.674286, 3.904452 ] }, { "date": "2024-07-05", "close": 3.27, "volume": 57001930, "typical_volume": 98376528.15, "trend": 4.218333, "fair_value": 5.034167, "relative_strength": -20.94477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.059407, "energy": 64.094547, "activity_lines": [ 3.234, 3.371636, 3.620571, 3.83828 ] }, { "date": "2024-07-12", "close": 3.4, "volume": 175353457, "typical_volume": 95411354.25, "trend": 4.151667, "fair_value": 5.023654, "relative_strength": -19.016587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.224898, "energy": 47.383071, "activity_lines": [ 3.289333, 3.354, 3.578667, 3.785484 ] }, { "date": "2024-07-19", "close": 3.12, "volume": 75822720, "typical_volume": 86833663.95, "trend": 4.072, "fair_value": 4.996923, "relative_strength": -25.796386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.081465, "energy": 50.015356, "activity_lines": [ 3.239333, 3.294182, 3.514381, 3.718925 ] }, { "date": "2024-07-26", "close": 3.21, "volume": 65789507, "typical_volume": 83558236.35, "trend": 4.006, "fair_value": 4.977885, "relative_strength": -20.642647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.449321, "energy": 44.689324, "activity_lines": [ 3.231333, 3.260727, 3.463857, 3.663312 ] }, { "date": "2024-08-02", "close": 3.32, "volume": 61019706, "typical_volume": 80216087.45, "trend": 3.934667, "fair_value": 4.961731, "relative_strength": -17.262513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.4013, "energy": 38.614313, "activity_lines": [ 3.258, 3.258727, 3.428429, 3.619054 ] }, { "date": "2024-08-09", "close": 3.36, "volume": 53640552, "typical_volume": 76179961.7, "trend": 3.869, "fair_value": 4.944167, "relative_strength": -14.463663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.695865, "energy": 33.144829, "activity_lines": [ 3.29, 3.271091, 3.40181, 3.581978 ] }, { "date": "2024-08-16", "close": 3.9, "volume": 210901585, "typical_volume": 80973057.45, "trend": 3.805, "fair_value": 4.932436, "relative_strength": -0.195229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.179474, "energy": 11.442626, "activity_lines": [ 3.496, 3.387818, 3.432333, 3.583978 ] }, { "date": "2024-08-23", "close": 3.62, "volume": 241086658, "typical_volume": 88812964.05, "trend": 3.751667, "fair_value": 4.915833, "relative_strength": -5.38437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.201572, "energy": 13.746259, "activity_lines": [ 3.575333, 3.441273, 3.438429, 3.572043 ] }, { "date": "2024-08-30", "close": 3.72, "volume": 163087221, "typical_volume": 91993784.1, "trend": 3.709333, "fair_value": 4.903141, "relative_strength": -4.65059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.24583, "energy": 14.588698, "activity_lines": [ 3.654667, 3.507091, 3.458, 3.57 ] }, { "date": "2024-09-06", "close": 3.53, "volume": 102712673, "typical_volume": 90531422.65, "trend": 3.704333, "fair_value": 4.888397, "relative_strength": -7.021673, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.405938, "energy": 15.537382, "activity_lines": [ 3.636667, 3.528545, 3.46081, 3.55843 ] }, { "date": "2024-09-13", "close": 3.87, "volume": 118779247, "typical_volume": 92399974.7, "trend": 3.728333, "fair_value": 4.875385, "relative_strength": 3.906587, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.156362, "energy": 12.68473, "activity_lines": [ 3.718, 3.605818, 3.496476, 3.569118 ] }, { "date": "2024-09-20", "close": 4.05, "volume": 109985097, "typical_volume": 96460404.45, "trend": 3.72, "fair_value": 4.8675, "relative_strength": 7.576502, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.788366, "energy": 33.066256, "activity_lines": [ 3.825333, 3.704909, 3.548762, 3.589871 ] }, { "date": "2024-09-27", "close": 4.41, "volume": 184762624, "typical_volume": 101849342.55, "trend": 3.726667, "fair_value": 4.861795, "relative_strength": -0.388045, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.552334, "energy": 47.886315, "activity_lines": [ 4.042667, 3.857636, 3.634524, 3.634387 ] }, { "date": "2024-10-04", "close": 5.08, "volume": 67025757, "typical_volume": 101901420.4, "trend": 3.756667, "fair_value": 4.862051, "relative_strength": 3.812284, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.007086, "energy": 69.124611, "activity_lines": [ 4.430667, 4.108727, 3.780571, 3.721699 ] }, { "date": "2024-10-11", "close": 4.65, "volume": 174331660, "typical_volume": 106302176.9, "trend": 3.766, "fair_value": 4.857564, "relative_strength": -0.288936, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 66.006026, "energy": 72.258586, "activity_lines": [ 4.584667, 4.247636, 3.879762, 3.779333 ] }, { "date": "2024-10-18", "close": 5.17, "volume": 156200026, "typical_volume": 111653411.85, "trend": 3.786333, "fair_value": 4.857821, "relative_strength": 7.82747, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.859002, "energy": 80.108199, "activity_lines": [ 4.837333, 4.456909, 4.024, 3.869914 ] }, { "date": "2024-10-25", "close": 5.78, "volume": 199636266, "typical_volume": 117644695.15, "trend": 3.833333, "fair_value": 4.862821, "relative_strength": 17.492882, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.034825, "energy": 86.463415, "activity_lines": [ 5.206667, 4.744182, 4.219333, 3.998538 ] }, { "date": "2024-11-01", "close": 5.59, "volume": 256209669, "typical_volume": 128682321.25, "trend": 3.871333, "fair_value": 4.867628, "relative_strength": 15.22884, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.618072, "energy": 75.486325, "activity_lines": [ 5.397333, 4.962727, 4.384381, 4.111871 ] }, { "date": "2024-11-08", "close": 5.96, "volume": 151363063, "typical_volume": 133861372.4, "trend": 3.936667, "fair_value": 4.87391, "relative_strength": 15.00451, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.310411, "energy": 77.112707, "activity_lines": [ 5.632667, 5.212727, 4.573762, 4.246624 ] }, { "date": "2024-11-15", "close": 5.67, "volume": 131175286, "typical_volume": 137794235.2, "trend": 4.004667, "fair_value": 4.878974, "relative_strength": 13.631523, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.622648, "energy": 69.992289, "activity_lines": [ 5.712667, 5.369273, 4.722286, 4.358452 ] }, { "date": "2024-11-22", "close": 6.86, "volume": 215453349, "typical_volume": 145716806.15, "trend": 4.108, "fair_value": 4.892628, "relative_strength": 41.104411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.822355, "energy": 65.123036, "activity_lines": [ 6.121333, 5.703273, 4.972381, 4.542667 ] }, { "date": "2024-11-29", "close": 6.91, "volume": 190867090, "typical_volume": 146492487.8, "trend": 4.209, "fair_value": 4.908205, "relative_strength": 39.285466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.643788, "energy": 71.623546, "activity_lines": [ 6.434, 5.992, 5.210143, 4.723441 ] }, { "date": "2024-12-06", "close": 7.38, "volume": 200177513, "typical_volume": 152710227.45, "trend": 4.332667, "fair_value": 4.922821, "relative_strength": 45.631377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.304992, "energy": 72.463534, "activity_lines": [ 6.828, 6.314182, 5.475952, 4.928022 ] }, { "date": "2024-12-13", "close": 8.76, "volume": 183574605, "typical_volume": 158599482.35, "trend": 4.496667, "fair_value": 4.942756, "relative_strength": 72.344253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.907572, "energy": 84.735788, "activity_lines": [ 7.562667, 6.833273, 5.852905, 5.213656 ] }, { "date": "2024-12-20", "close": 8.6, "volume": 310488724, "typical_volume": 171072933.25, "trend": 4.659667, "fair_value": 4.960705, "relative_strength": 68.743072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.667009, "energy": 77.877709, "activity_lines": [ 8.057333, 7.256364, 6.18819, 5.478387 ] }, { "date": "2024-12-27", "close": 7.77, "volume": 186503717, "typical_volume": 177716091.5, "trend": 4.795333, "fair_value": 4.970449, "relative_strength": 51.257219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.688408, "energy": 59.649544, "activity_lines": [ 8.08, 7.456727, 6.419286, 5.679054 ] }, { "date": "2025-01-03", "close": 6.52, "volume": 79605039, "typical_volume": 171151264.2, "trend": 4.905333, "fair_value": 4.975641, "relative_strength": 36.241815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.388008, "energy": 50.094962, "activity_lines": [ 7.625333, 7.382545, 6.510333, 5.790323 ] }, { "date": "2025-01-10", "close": 6.84, "volume": 120511714, "typical_volume": 165122517.0, "trend": 5.023333, "fair_value": 4.980577, "relative_strength": 43.755369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.90601, "energy": 34.189427, "activity_lines": [ 7.303333, 7.353091, 6.619381, 5.91514 ] }, { "date": "2025-01-17", "close": 7.65, "volume": 105238141, "typical_volume": 162230063.0, "trend": 5.172333, "fair_value": 4.988526, "relative_strength": 54.350469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.633238, "energy": 27.720913, "activity_lines": [ 7.287333, 7.448182, 6.790238, 6.084602 ] }, { "date": "2025-01-24", "close": 6.98, "volume": 102275465, "typical_volume": 162208202.6, "trend": 5.298333, "fair_value": 4.995385, "relative_strength": 38.574714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.506922, "energy": 20.642881, "activity_lines": [ 7.122, 7.390727, 6.878571, 6.201226 ] }, { "date": "2025-01-31", "close": 6.63, "volume": 13097810, "typical_volume": 156924130.75, "trend": 5.410333, "fair_value": 5.0, "relative_strength": 32.9619, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.643062, "energy": 18.755285, "activity_lines": [ 6.948, 7.245818, 6.917143, 6.28714 ] }, { "date": "2025-02-07", "close": 7.14, "volume": 41664378, "typical_volume": 153508094.8, "trend": 5.535, "fair_value": 5.005385, "relative_strength": 36.338513, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.693565, "energy": 19.646422, "activity_lines": [ 7.02, 7.197818, 6.991143, 6.398731 ] }, { "date": "2025-02-14", "close": 7.06, "volume": 94701108, "typical_volume": 149005019.0, "trend": 5.666333, "fair_value": 5.013013, "relative_strength": 31.109709, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.567602, "energy": 16.010567, "activity_lines": [ 7.024, 7.131091, 7.04281, 6.497118 ] }, { "date": "2025-02-21", "close": 6.95, "volume": 83270729, "typical_volume": 149817267.6, "trend": 5.791, "fair_value": 5.021923, "relative_strength": 25.464334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.351849, "energy": 11.924895, "activity_lines": [ 6.976667, 7.050182, 7.071381, 6.579935 ] }, { "date": "2025-02-28", "close": 8.2, "volume": 129452707, "typical_volume": 147573319.95, "trend": 5.953667, "fair_value": 5.042628, "relative_strength": 51.445743, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.740177, "energy": 32.453583, "activity_lines": [ 7.392667, 7.229455, 7.210095, 6.735355 ] }, { "date": "2025-03-07", "close": 8.13, "volume": 335283941, "typical_volume": 156527515.7, "trend": 6.112667, "fair_value": 5.062179, "relative_strength": 45.271451, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 57.840356, "energy": 39.784725, "activity_lines": [ 7.704, 7.403273, 7.325238, 6.875763 ] }, { "date": "2025-03-14", "close": 9.15, "volume": 239883303, "typical_volume": 158539867.55, "trend": 6.287667, "fair_value": 5.087308, "relative_strength": 59.245218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.223569, "energy": 65.087206, "activity_lines": [ 8.255333, 7.756, 7.523429, 7.07172 ] }, { "date": "2025-03-21", "close": 9.18, "volume": 172228570, "typical_volume": 154340812.6, "trend": 6.473, "fair_value": 5.112564, "relative_strength": 61.840765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.280958, "energy": 75.809856, "activity_lines": [ 8.682667, 8.066364, 7.708429, 7.258323 ] }, { "date": "2025-03-28", "close": 7.71, "volume": 129637772, "typical_volume": 153254548.05, "trend": 6.606, "fair_value": 5.128013, "relative_strength": 35.6651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.591263, "energy": 63.924586, "activity_lines": [ 8.478667, 8.066909, 7.736333, 7.338129 ] }, { "date": "2025-04-04", "close": 7.61, "volume": 73779616, "typical_volume": 150384764.55, "trend": 6.742, "fair_value": 5.144231, "relative_strength": 35.721301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.351416, "energy": 44.621228, "activity_lines": [ 8.190667, 8.048182, 7.746381, 7.402903 ] }, { "date": "2025-04-11", "close": 6.96, "volume": 119248356, "typical_volume": 145574514.9, "trend": 6.845, "fair_value": 5.155513, "relative_strength": 29.571282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.173906, "energy": 13.522187, "activity_lines": [ 7.725333, 7.899818, 7.685286, 7.416968 ] }, { "date": "2025-04-18", "close": 6.55, "volume": 88060490, "typical_volume": 140434184.9, "trend": 6.928333, "fair_value": 5.163269, "relative_strength": 21.406399, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 5.373227, "energy": 18.809811, "activity_lines": [ 7.201333, 7.670909, 7.584667, 7.397935 ] }, { "date": "2025-04-25", "close": 6.54, "volume": 102726330, "typical_volume": 135561625.75, "trend": 6.999333, "fair_value": 5.170769, "relative_strength": 18.482823, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.142022, "energy": 28.921444, "activity_lines": [ 6.847333, 7.450909, 7.48481, 7.372882 ] }, { "date": "2025-05-02", "close": 6.69, "volume": 31516709, "typical_volume": 127958730.95, "trend": 7.053, "fair_value": 5.180962, "relative_strength": 20.284866, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.364699, "energy": 29.633425, "activity_lines": [ 6.719333, 7.267636, 7.403238, 7.352925 ] }, { "date": "2025-05-09", "close": 6.91, "volume": 60225242, "typical_volume": 115445556.85, "trend": 7.128333, "fair_value": 5.195128, "relative_strength": 20.199595, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.211449, "energy": 32.979658, "activity_lines": [ 6.732667, 7.129091, 7.352476, 7.343699 ] }, { "date": "2025-05-16", "close": 6.8, "volume": 51584899, "typical_volume": 108699615.95, "trend": 7.182667, "fair_value": 5.21, "relative_strength": 16.596589, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.67551, "energy": 29.460325, "activity_lines": [ 6.756, 6.994, 7.299286, 7.322516 ] }, { "date": "2025-05-23", "close": 6.85, "volume": 115166106, "typical_volume": 110477669.3, "trend": 7.218333, "fair_value": 5.227821, "relative_strength": 16.8929, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.280349, "energy": 19.201307, "activity_lines": [ 6.806667, 6.892182, 7.255476, 7.301054 ] }, { "date": "2025-05-30", "close": 6.68, "volume": 58193860, "typical_volume": 107361776.6, "trend": 7.254667, "fair_value": 5.244744, "relative_strength": 14.009645, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.179705, "energy": 19.599142, "activity_lines": [ 6.780667, 6.801273, 7.193905, 7.266323 ] }, { "date": "2025-06-06", "close": 6.7, "volume": 28852618, "typical_volume": 103542500.45, "trend": 7.279333, "fair_value": 5.260513, "relative_strength": 11.60425, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -52.471704, "energy": 29.418564, "activity_lines": [ 6.752, 6.759455, 7.135, 7.230538 ] }, { "date": "2025-06-13", "close": 6.44, "volume": 52745824, "typical_volume": 101066018.4, "trend": 7.305, "fair_value": 5.273397, "relative_strength": 6.950695, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.721612, "energy": 42.648685, "activity_lines": [ 6.636, 6.688727, 7.055857, 7.176387 ] }, { "date": "2025-06-20", "close": 6.15, "volume": 37321143, "typical_volume": 102277185.05, "trend": 7.281333, "fair_value": 5.284551, "relative_strength": 2.455774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.011402, "energy": 59.383853, "activity_lines": [ 6.454667, 6.586545, 6.951667, 7.101871 ] }, { "date": "2025-06-27", "close": 6.43, "volume": 54594260, "typical_volume": 102923679.15, "trend": 7.265333, "fair_value": 5.29609, "relative_strength": 2.418515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.494912, "energy": 59.149598, "activity_lines": [ 6.41, 6.55, 6.876429, 7.046946 ] }, { "date": "2025-07-04", "close": 6.25, "volume": 58479660, "typical_volume": 101112606.75, "trend": 7.227667, "fair_value": 5.307564, "relative_strength": -2.36088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.156829, "energy": 63.441497, "activity_lines": [ 6.333333, 6.482909, 6.787429, 6.981441 ] }, { "date": "2025-07-11", "close": 6.36, "volume": 52868835, "typical_volume": 99592512.05, "trend": 7.147667, "fair_value": 5.319551, "relative_strength": -3.027436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.344279, "energy": 63.667641, "activity_lines": [ 6.322, 6.441091, 6.712762, 6.925462 ] }, { "date": "2025-07-18", "close": 6.44, "volume": 64184500, "typical_volume": 96329101.7, "trend": 7.075667, "fair_value": 5.33141, "relative_strength": -4.484552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.27751, "energy": 52.597623, "activity_lines": [ 6.36, 6.419818, 6.648524, 6.879806 ] }, { "date": "2025-07-25", "close": 6.46, "volume": 59291994, "typical_volume": 82529504.35, "trend": 7.032, "fair_value": 5.342372, "relative_strength": -6.963427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.37737, "energy": 45.867562, "activity_lines": [ 6.404667, 6.410727, 6.594571, 6.840086 ] }, { "date": "2025-08-01", "close": 6.41, "volume": 60110208, "typical_volume": 73540849.6, "trend": 7.028333, "fair_value": 5.353205, "relative_strength": -6.760923, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.71537, "energy": 33.120763, "activity_lines": [ 6.412, 6.398727, 6.54381, 6.799957 ] }, { "date": "2025-08-08", "close": 6.68, "volume": 58753600, "typical_volume": 67867101.1, "trend": 7.023, "fair_value": 5.367372, "relative_strength": -4.619131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.380004, "energy": 23.816051, "activity_lines": [ 6.510667, 6.443818, 6.53181, 6.777484 ] }, { "date": "2025-08-15", "close": 6.56, "volume": 55510000, "typical_volume": 64160712.5, "trend": 6.986667, "fair_value": 5.379487, "relative_strength": -10.670349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.357051, "energy": 19.129322, "activity_lines": [ 6.540667, 6.467091, 6.520286, 6.747613 ] }, { "date": "2025-08-22", "close": 6.83, "volume": 66471137, "typical_volume": 63795288.55, "trend": 6.981667, "fair_value": 5.392308, "relative_strength": -11.377212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.212897, "energy": 13.462724, "activity_lines": [ 6.647333, 6.542, 6.539952, 6.737505 ] }, { "date": "2025-08-29", "close": 6.45, "volume": 80153928, "typical_volume": 61840567.15, "trend": 6.975667, "fair_value": 5.402244, "relative_strength": -19.953955, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.326405, "energy": 17.283665, "activity_lines": [ 6.601333, 6.540727, 6.527143, 6.703204 ] }, { "date": "2025-09-05", "close": 6.23, "volume": 69267170, "typical_volume": 60900901.15, "trend": 6.945333, "fair_value": 5.410513, "relative_strength": -22.17884, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.475631, "energy": 26.85351, "activity_lines": [ 6.482667, 6.494, 6.49581, 6.655097 ] }, { "date": "2025-09-12", "close": 6.5, "volume": 57408238, "typical_volume": 58634996.55, "trend": 6.926667, "fair_value": 5.418974, "relative_strength": -20.945265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.720766, "energy": 19.348198, "activity_lines": [ 6.466, 6.5, 6.491714, 6.626366 ] }, { "date": "2025-09-19", "close": 6.5, "volume": 69527619, "typical_volume": 60535542.05, "trend": 6.911667, "fair_value": 5.4275, "relative_strength": -21.822672, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.06098, "energy": 23.434211, "activity_lines": [ 6.461333, 6.501455, 6.48781, 6.598839 ] }, { "date": "2025-09-26", "close": 6.38, "volume": 58854460, "typical_volume": 60467002.95, "trend": 6.851, "fair_value": 5.43391, "relative_strength": -24.11321, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.475164, "energy": 25.465377, "activity_lines": [ 6.420667, 6.478545, 6.473381, 6.564538 ] }, { "date": "2025-10-03", "close": 6.14, "volume": 25389842, "typical_volume": 59157250.1, "trend": 6.784667, "fair_value": 5.442115, "relative_strength": -28.620673, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.495189, "energy": 35.549908, "activity_lines": [ 6.33, 6.413091, 6.438619, 6.518667 ] }, { "date": "2025-10-10", "close": 6.25, "volume": 29157480, "typical_volume": 54856818.8, "trend": 6.688, "fair_value": 5.4525, "relative_strength": -26.423968, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.996981, "energy": 35.337703, "activity_lines": [ 6.296667, 6.373455, 6.417476, 6.484172 ] }, { "date": "2025-10-17", "close": 6.53, "volume": 92715656, "typical_volume": 56582908.6, "trend": 6.599667, "fair_value": 5.464872, "relative_strength": -19.127929, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.122945, "energy": 24.188414, "activity_lines": [ 6.355333, 6.387636, 6.425857, 6.473978 ] }, { "date": "2025-10-24", "close": 6.58, "volume": 138925999, "typical_volume": 62086577.65, "trend": 6.562, "fair_value": 5.479487, "relative_strength": -22.073767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.458132, "energy": 13.1812, "activity_lines": [ 6.428667, 6.413636, 6.439714, 6.47271 ] }, { "date": "2025-10-31", "close": 6.59, "volume": 64515140, "typical_volume": 62675043.45, "trend": 6.528, "fair_value": 5.492885, "relative_strength": -22.375913, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.599582, "energy": 11.214059, "activity_lines": [ 6.5, 6.441091, 6.455095, 6.474516 ] }, { "date": "2025-11-07", "close": 6.65, "volume": 66607400, "typical_volume": 64139356.3, "trend": 6.517667, "fair_value": 5.502821, "relative_strength": -21.730451, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.547771, "energy": 14.100023, "activity_lines": [ 6.577333, 6.483818, 6.475476, 6.482387 ] }, { "date": "2025-11-14", "close": 6.71, "volume": 71223764, "typical_volume": 64970831.5, "trend": 6.523, "fair_value": 5.514359, "relative_strength": -19.852556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.309027, "energy": 24.008482, "activity_lines": [ 6.640667, 6.533818, 6.49919, 6.494796 ] }, { "date": "2025-11-21", "close": 6.69, "volume": 69727271, "typical_volume": 65533212.05, "trend": 6.528, "fair_value": 5.524679, "relative_strength": -15.453404, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.910834, "energy": 31.230613, "activity_lines": [ 6.666667, 6.571455, 6.519667, 6.50557 ] }, { "date": "2025-11-28", "close": 7.24, "volume": 140700824, "typical_volume": 69924811.5, "trend": 6.546333, "fair_value": 5.537436, "relative_strength": -11.393003, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 76.745412, "energy": 63.989373, "activity_lines": [ 6.865333, 6.705636, 6.590429, 6.551505 ] }, { "date": "2025-12-05", "close": 7.04, "volume": 90255548, "typical_volume": 71228363.9, "trend": 6.550667, "fair_value": 5.547756, "relative_strength": -14.525119, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.874066, "energy": 64.085215, "activity_lines": [ 6.953333, 6.79, 6.637952, 6.583355 ] }, { "date": "2025-12-12", "close": 6.39, "volume": 83665987, "typical_volume": 72447063.55, "trend": 6.537, "fair_value": 5.551474, "relative_strength": -22.263282, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.593174, "energy": 34.718507, "activity_lines": [ 6.794667, 6.744182, 6.620714, 6.572989 ] }, { "date": "2025-12-19", "close": 7.23, "volume": 101138402, "typical_volume": 74498473.25, "trend": 6.549667, "fair_value": 5.559872, "relative_strength": -10.539053, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.561639, "energy": 47.998064, "activity_lines": [ 6.933333, 6.846545, 6.68381, 6.617699 ] }, { "date": "2025-12-26", "close": 7.87, "volume": 163481843, "typical_volume": 79734885.4, "trend": 6.589333, "fair_value": 5.570385, "relative_strength": -5.494724, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.207586, "energy": 59.191347, "activity_lines": [ 7.250667, 7.047455, 6.803952, 6.702882 ] }, { "date": "2026-01-02", "close": 8.3, "volume": 94697206, "typical_volume": 81694245.7, "trend": 6.642667, "fair_value": 5.589167, "relative_strength": 0.392292, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.630328, "energy": 72.637746, "activity_lines": [ 7.632667, 7.302182, 6.959381, 6.813247 ] }, { "date": "2026-01-09", "close": 8.43, "volume": 164005743, "typical_volume": 86570976.0, "trend": 6.709, "fair_value": 5.609551, "relative_strength": -2.020839, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.487545, "energy": 83.703619, "activity_lines": [ 7.987333, 7.549273, 7.118905, 6.928559 ] }, { "date": "2026-01-16", "close": 7.98, "volume": 128501437, "typical_volume": 88988351.45, "trend": 6.77, "fair_value": 5.627949, "relative_strength": -7.731056, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.444145, "energy": 79.068501, "activity_lines": [ 8.099333, 7.681091, 7.227952, 7.010559 ] }, { "date": "2026-01-23", "close": 8.6, "volume": 93702469, "typical_volume": 90210116.4, "trend": 6.842333, "fair_value": 5.648526, "relative_strength": -1.395811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.172053, "energy": 82.818929, "activity_lines": [ 8.312, 7.901455, 7.388762, 7.128624 ] }, { "date": "2026-01-30", "close": 7.59, "volume": 93214104, "typical_volume": 92000409.7, "trend": 6.887, "fair_value": 5.661603, "relative_strength": -11.208946, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.056707, "energy": 49.050143, "activity_lines": [ 8.096667, 7.903818, 7.442095, 7.17686 ] }, { "date": "2026-02-06", "close": 7.61, "volume": 47627268, "typical_volume": 90905392.15, "trend": 6.928667, "fair_value": 5.675962, "relative_strength": -8.686649, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.739787, "energy": 36.448974, "activity_lines": [ 7.906667, 7.893455, 7.492143, 7.223505 ] }, { "date": "2026-02-13", "close": 7.88, "volume": 64458413, "typical_volume": 91185589.8, "trend": 6.976667, "fair_value": 5.689423, "relative_strength": -6.450233, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.673069, "energy": 27.844031, "activity_lines": [ 7.852667, 7.925455, 7.562619, 7.284882 ] }, { "date": "2026-02-27", "close": 8.09, "volume": 36969362, "typical_volume": 91764565.8, "trend": 7.031, "fair_value": 5.703526, "relative_strength": -6.350041, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.831793, "energy": 23.818042, "activity_lines": [ 7.905333, 7.980364, 7.645952, 7.35671 ] }, { "date": "2026-03-06", "close": 7.78, "volume": 65354885, "typical_volume": 93574436.05, "trend": 7.076667, "fair_value": 5.718205, "relative_strength": -7.219412, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.161258, "energy": 22.017477, "activity_lines": [ 7.847333, 7.948, 7.690476, 7.405032 ] }, { "date": "2026-03-13", "close": 7.37, "volume": 50679380, "typical_volume": 91472622.25, "trend": 7.099667, "fair_value": 5.73109, "relative_strength": -12.10696, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.549108, "energy": 16.339998, "activity_lines": [ 7.707333, 7.831091, 7.688667, 7.423957 ] }, { "date": "2026-03-20", "close": 7.21, "volume": 73298955, "typical_volume": 88191270.05, "trend": 7.121333, "fair_value": 5.742692, "relative_strength": -10.525581, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.043656, "energy": 12.4827, "activity_lines": [ 7.528667, 7.694182, 7.667619, 7.431075 ] }, { "date": "2026-03-27", "close": 6.33, "volume": 71351738, "typical_volume": 88533099.95, "trend": 7.104667, "fair_value": 5.749103, "relative_strength": -19.78307, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.240454, "energy": 30.799278, "activity_lines": [ 7.083333, 7.417091, 7.559762, 7.380022 ] }, { "date": "2026-04-03", "close": 5.82, "volume": 64655830, "typical_volume": 88435521.45, "trend": 7.083667, "fair_value": 5.753333, "relative_strength": -23.246424, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.622604, "energy": 59.225325, "activity_lines": [ 6.571333, 7.085455, 7.404571, 7.29714 ] }, { "date": "2026-04-10", "close": 6.0, "volume": 43738990, "typical_volume": 87061282.75, "trend": 7.076, "fair_value": 5.756282, "relative_strength": -25.366405, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.300281, "energy": 67.117548, "activity_lines": [ 6.270667, 6.825818, 7.270476, 7.227226 ] }, { "date": "2026-04-17", "close": 4.76, "volume": 88504760, "typical_volume": 88000157.2, "trend": 7.018, "fair_value": 5.750962, "relative_strength": -42.315625, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -64.13475, "energy": 82.301018, "activity_lines": [ 5.675333, 6.388, 7.021667, 7.077806 ] }, { "date": "2026-04-24", "close": 4.83, "volume": 182052054, "typical_volume": 90067718.7, "trend": 6.962333, "fair_value": 5.74609, "relative_strength": -40.973156, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.76235, "energy": 92.686023, "activity_lines": [ 5.277333, 6.014364, 6.788714, 6.936645 ] }, { "date": "2026-05-01", "close": 5.02, "volume": 68964990, "typical_volume": 89003190.8, "trend": 6.917, "fair_value": 5.742949, "relative_strength": -38.625273, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.886253, "energy": 88.639122, "activity_lines": [ 5.101333, 5.725818, 6.585333, 6.811333 ] }, { "date": "2026-05-08", "close": 4.83, "volume": 105372748, "typical_volume": 90088528.85, "trend": 6.873333, "fair_value": 5.741859, "relative_strength": -41.925487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.71021, "energy": 89.497529, "activity_lines": [ 4.949333, 5.454727, 6.373476, 6.676688 ] }, { "date": "2026-05-15", "close": 4.98, "volume": 68175860, "typical_volume": 88440401.75, "trend": 6.831, "fair_value": 5.742179, "relative_strength": -39.321389, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.334193, "energy": 83.576722, "activity_lines": [ 4.913333, 5.270182, 6.183333, 6.554538 ] }, { "date": "2026-05-22", "close": 5.19, "volume": 58720127, "typical_volume": 83202315.95, "trend": 6.786333, "fair_value": 5.744038, "relative_strength": -36.127531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.587415, "energy": 61.815145, "activity_lines": [ 5.015333, 5.174727, 6.023905, 6.448667 ] }, { "date": "2026-05-29", "close": 4.77, "volume": 49426600, "typical_volume": 80938785.65, "trend": 6.726, "fair_value": 5.743077, "relative_strength": -40.399261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.967932, "energy": 60.605935, "activity_lines": [ 4.948667, 5.042545, 5.837238, 6.318581 ] }, { "date": "2026-06-05", "close": 4.68, "volume": 10513100, "typical_volume": 73264153.5, "trend": 6.662333, "fair_value": 5.740192, "relative_strength": -39.717881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.186032, "energy": 61.128621, "activity_lines": [ 4.856, 4.938364, 5.65881, 6.186581 ] }, { "date": "2026-06-12", "close": 4.17, "volume": 8513500, "typical_volume": 67264756.65, "trend": 6.579667, "fair_value": 5.733526, "relative_strength": -44.223663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.952971, "energy": 67.139926, "activity_lines": [ 4.616, 4.771455, 5.449667, 6.025785 ] }, { "date": "2026-06-19", "close": 4.73, "volume": 50477675, "typical_volume": 65103516.95, "trend": 6.513667, "fair_value": 5.729808, "relative_strength": -40.159683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.493672, "energy": 58.761864, "activity_lines": [ 4.606667, 4.736364, 5.312, 5.906452 ] }, { "date": "2026-06-26", "close": 4.19, "volume": 3617000, "typical_volume": 60623661.75, "trend": 6.430333, "fair_value": 5.722821, "relative_strength": -45.413323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.714111, "energy": 70.904564, "activity_lines": [ 4.434, 4.626182, 5.141333, 5.756538 ] }, { "date": "2026-07-03", "close": 4.65, "volume": 4848600, "typical_volume": 58484728.35, "trend": 6.344, "fair_value": 5.719359, "relative_strength": -37.91406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.50465, "energy": 58.458955, "activity_lines": [ 4.481333, 4.61, 5.030667, 5.641677 ] }, { "date": "2026-07-10", "close": 4.43, "volume": 18223724, "typical_volume": 56172993.9, "trend": 6.257, "fair_value": 5.715256, "relative_strength": -37.939661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.949633, "energy": 53.357125, "activity_lines": [ 4.463333, 4.557091, 4.913143, 5.518194 ] }, { "date": "2026-07-17", "close": 4.15, "volume": 16268100, "typical_volume": 55137930.8, "trend": 6.182333, "fair_value": 5.709167, "relative_strength": -35.415432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.082735, "energy": 61.200371, "activity_lines": [ 4.368667, 4.464, 4.785381, 5.382258 ] }, { "date": "2026-07-24", "close": 3.9, "volume": 18683400, "typical_volume": 52804356.55, "trend": 6.071333, "fair_value": 5.702756, "relative_strength": -38.834638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.223396, "energy": 62.957859, "activity_lines": [ 4.192, 4.337818, 4.652571, 5.235011 ] }, { "date": "2026-07-31", "close": 4.3, "volume": 16953800, "typical_volume": 51118077.55, "trend": 5.952333, "fair_value": 5.697308, "relative_strength": -30.836942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.896407, "energy": 56.462257, "activity_lines": [ 4.204, 4.304, 4.576333, 5.120731 ] }, { "date": "2026-08-07", "close": 4.26, "volume": 34382166, "typical_volume": 49172238.1, "trend": 5.817667, "fair_value": 5.692756, "relative_strength": -34.196319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.094951, "energy": 54.402678, "activity_lines": [ 4.195333, 4.279091, 4.510905, 5.011548 ] } ], "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." } } }