{ "ticker": { "uuid": "fbfd14cf-f5d5-414e-9d9e-6738a0bafd5f", "symbol": "000758", "name": "China Nonferrous Metal Industry's Foreign Engineering and Construction 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 95.978, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -62.563, "architecture_energy": 64.318, "architecture_maturity": 19.606, "architecture_confidence": 83.694, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 14.12, "rotation_up": 13.21, "upward_expansion": 13.17, "deceleration": 40.99, "rotation_down": 67.36, "downward_expansion": 86.51 }, "activity_lines": [ 5.918, 6.06884, 6.395196, 6.611648 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 6.25, "trend_reference": 6.90665, "distance_from_trend": -0.095075, "trend_direction": "Weakening", "fair_value": 5.46571, "distance_from_fair_value": 0.143493, "fair_value_direction": "Weakening", "relative_strength": -10.013773, "relative_strength_direction": "Weakening", "price_momentum": -0.210859, "excess_performance": -0.218258, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.095075, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.002746, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.143493, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.25847, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.100138, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.054526, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.210859, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.134712, "read": "Demand-led" } ], "volume": { "latest": 165760930, "relative_activity": 0.955238, "balance": 1.134712, "dry_up": 0.886659, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.079517, "annualized_volatility": 0.513751, "from_high_reference": -0.344176, "from_low_reference": 0.148897 }, "levels": { "trend_reference": 6.90665, "fair_value_reference": 5.46571, "structural_low": 5.44, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.014894, "positive_rate": 0.578947, "directional_follow_through": 0.421053, "median_excess_return": 0.022528, "regime_survival": 0.736842, "best_return": 0.230964, "worst_return": -0.129944, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.100457, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.051938, "regime_survival": 0.285714, "best_return": 0.367836, "worst_return": -0.187384, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.220721, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.113909, "regime_survival": 0.2, "best_return": 0.488085, "worst_return": -0.105751, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.148305, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.246471, "regime_survival": 0.0, "best_return": 0.790496, "worst_return": 0.09833, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-09-06", "tenure": "Developing", "return": -0.132321, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-10-25", "tenure": "Developing", "return": 0.269035, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": -0.071691, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-04-04", "tenure": "Established", "return": -0.009862, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": -0.004338, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-06-06", "tenure": "Developing", "return": 0.061702, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.003275, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": 0.122288, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-11-28", "tenure": "Established", "return": -0.008224, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-01-09", "tenure": "Developing", "return": 0.126603, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-04-03", "tenure": "Developing", "return": -0.100282, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-29", "tenure": "Developing", "return": -0.00149, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.032738, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.033994, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 4.924522, "volume": 108975934, "typical_volume": 151445414.35, "trend": 5.161335, "fair_value": 5.070545, "relative_strength": 1.13447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.104787, "energy": 23.006922, "activity_lines": [ 4.834685, 4.779498, 4.896118, 5.038331 ] }, { "date": "2023-08-04", "close": 5.073149, "volume": 264086744, "typical_volume": 154118900.75, "trend": 5.173555, "fair_value": 5.070101, "relative_strength": 2.61329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.707435, "energy": 19.470883, "activity_lines": [ 4.924522, 4.838769, 4.897863, 5.032642 ] }, { "date": "2023-08-11", "close": 4.874979, "volume": 115521307, "typical_volume": 152297767.35, "trend": 5.178179, "fair_value": 5.067496, "relative_strength": 2.251779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.903493, "energy": 19.519384, "activity_lines": [ 4.92188, 4.853361, 4.882906, 5.013379 ] }, { "date": "2023-08-18", "close": 4.736261, "volume": 74574230, "typical_volume": 149593978.15, "trend": 5.172895, "fair_value": 5.064003, "relative_strength": 2.361081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.63007, "energy": 21.405319, "activity_lines": [ 4.868374, 4.841291, 4.857899, 4.984868 ] }, { "date": "2023-08-25", "close": 4.587633, "volume": 69978619, "typical_volume": 147055667.45, "trend": 5.137885, "fair_value": 5.055746, "relative_strength": 2.084728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.086287, "energy": 37.354138, "activity_lines": [ 4.771931, 4.802017, 4.82204, 4.947109 ] }, { "date": "2023-09-01", "close": 4.904705, "volume": 139958517, "typical_volume": 140874684.25, "trend": 5.105847, "fair_value": 5.053396, "relative_strength": 5.288547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.520889, "energy": 29.340183, "activity_lines": [ 4.79373, 4.823816, 4.819917, 4.932065 ] }, { "date": "2023-09-08", "close": 4.924522, "volume": 117678343, "typical_volume": 134203692.4, "trend": 5.082067, "fair_value": 5.051173, "relative_strength": 7.249047, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.702086, "energy": 24.106751, "activity_lines": [ 4.823455, 4.842912, 4.823361, 4.920367 ] }, { "date": "2023-09-15", "close": 4.993881, "volume": 81627629, "typical_volume": 129435207.7, "trend": 5.064892, "fair_value": 5.051173, "relative_strength": 9.85338, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.148971, "energy": 8.16093, "activity_lines": [ 4.886209, 4.870115, 4.836525, 4.914677 ] }, { "date": "2023-09-22", "close": 4.855163, "volume": 76736977, "typical_volume": 129227718.65, "trend": 5.038139, "fair_value": 5.051427, "relative_strength": 6.216232, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.398974, "energy": 12.97065, "activity_lines": [ 4.894797, 4.868674, 4.837563, 4.901146 ] }, { "date": "2023-09-29", "close": 4.756078, "volume": 60639268, "typical_volume": 112410744.65, "trend": 5.006762, "fair_value": 5.05149, "relative_strength": 4.470786, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.238164, "energy": 12.898258, "activity_lines": [ 4.862429, 4.848857, 4.830108, 4.882949 ] }, { "date": "2023-10-13", "close": 4.716444, "volume": 74824246, "typical_volume": 108776498.4, "trend": 4.983973, "fair_value": 5.050284, "relative_strength": 3.975272, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.603275, "energy": 20.778094, "activity_lines": [ 4.80562, 4.822194, 4.820577, 4.864219 ] }, { "date": "2023-10-20", "close": 4.528183, "volume": 60473968, "typical_volume": 101445406.35, "trend": 4.950614, "fair_value": 5.050093, "relative_strength": 4.711728, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.971228, "energy": 54.741078, "activity_lines": [ 4.698609, 4.765086, 4.795193, 4.834813 ] }, { "date": "2023-10-27", "close": 4.488548, "volume": 123886168, "typical_volume": 102951898.05, "trend": 4.915604, "fair_value": 5.050284, "relative_strength": 1.43616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.089063, "energy": 68.256279, "activity_lines": [ 4.604808, 4.710679, 4.766364, 4.805002 ] }, { "date": "2023-11-03", "close": 4.498456, "volume": 70163718, "typical_volume": 102866490.25, "trend": 4.884558, "fair_value": 5.049585, "relative_strength": 0.6556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.105332, "energy": 72.082182, "activity_lines": [ 4.547999, 4.6651, 4.739941, 4.778089 ] }, { "date": "2023-11-10", "close": 4.458823, "volume": 75389275, "typical_volume": 102630213.45, "trend": 4.855493, "fair_value": 5.048442, "relative_strength": -1.585188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.9535, "energy": 76.677013, "activity_lines": [ 4.50176, 4.616638, 4.710829, 4.750623 ] }, { "date": "2023-11-17", "close": 4.567816, "volume": 79139141, "typical_volume": 104165331.6, "trend": 4.818501, "fair_value": 5.048569, "relative_strength": 0.636011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.174569, "energy": 68.613093, "activity_lines": [ 4.511668, 4.590336, 4.693607, 4.732063 ] }, { "date": "2023-11-24", "close": 4.498456, "volume": 66803279, "typical_volume": 103684659.55, "trend": 4.7825, "fair_value": 5.05003, "relative_strength": 0.53113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.144781, "energy": 56.506331, "activity_lines": [ 4.508365, 4.557547, 4.669732, 4.711415 ] }, { "date": "2023-12-01", "close": 4.47864, "volume": 59382686, "typical_volume": 95293800.75, "trend": 4.757729, "fair_value": 5.049394, "relative_strength": 1.184567, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.165328, "energy": 46.94567, "activity_lines": [ 4.500438, 4.528903, 4.644819, 4.691811 ] }, { "date": "2023-12-08", "close": 4.399372, "volume": 79749429, "typical_volume": 94647236.85, "trend": 4.73593, "fair_value": 5.046917, "relative_strength": 1.093461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.593471, "energy": 50.57958, "activity_lines": [ 4.46675, 4.495214, 4.613914, 4.668691 ] }, { "date": "2023-12-15", "close": 4.429097, "volume": 66192804, "typical_volume": 93289114.1, "trend": 4.713141, "fair_value": 5.042598, "relative_strength": 3.46058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.154005, "energy": 50.748142, "activity_lines": [ 4.449575, 4.475217, 4.587916, 4.648895 ] }, { "date": "2023-12-22", "close": 4.349829, "volume": 53599608, "typical_volume": 90520297.8, "trend": 4.686388, "fair_value": 5.038343, "relative_strength": 3.305363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.563178, "energy": 63.272556, "activity_lines": [ 4.407959, 4.446752, 4.55602, 4.625456 ] }, { "date": "2023-12-29", "close": 4.458823, "volume": 48136441, "typical_volume": 79722782.65, "trend": 4.681764, "fair_value": 5.034214, "relative_strength": 2.374806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.365846, "energy": 51.589741, "activity_lines": [ 4.417207, 4.444771, 4.537241, 4.610774 ] }, { "date": "2024-01-05", "close": 4.399372, "volume": 46798410, "typical_volume": 76286637.8, "trend": 4.668553, "fair_value": 5.03288, "relative_strength": 5.309079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.902231, "energy": 45.428864, "activity_lines": [ 4.40928, 4.433241, 4.515726, 4.592555 ] }, { "date": "2024-01-12", "close": 4.369646, "volume": 49273060, "typical_volume": 75021579.3, "trend": 4.656662, "fair_value": 5.029768, "relative_strength": 5.735375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.936494, "energy": 45.051377, "activity_lines": [ 4.396729, 4.417928, 4.493644, 4.573271 ] }, { "date": "2024-01-19", "close": 4.112025, "volume": 63703474, "typical_volume": 74707822.05, "trend": 4.634533, "fair_value": 5.0224, "relative_strength": 1.652499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.591584, "energy": 58.604295, "activity_lines": [ 4.300287, 4.358116, 4.448773, 4.538133 ] }, { "date": "2024-01-26", "close": 4.40928, "volume": 113750992, "typical_volume": 73397445.8, "trend": 4.629579, "fair_value": 5.018399, "relative_strength": 8.93791, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.043168, "energy": 40.867999, "activity_lines": [ 4.324067, 4.358657, 4.434476, 4.523601 ] }, { "date": "2024-02-02", "close": 4.121934, "volume": 126968742, "typical_volume": 73861965.75, "trend": 4.611083, "fair_value": 5.013762, "relative_strength": 10.581558, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.590476, "energy": 48.224911, "activity_lines": [ 4.248102, 4.309835, 4.395172, 4.49085 ] }, { "date": "2024-02-09", "close": 4.448914, "volume": 159419945, "typical_volume": 77751581.55, "trend": 4.599193, "fair_value": 5.012873, "relative_strength": 8.924149, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.13508, "energy": 33.997271, "activity_lines": [ 4.303589, 4.32731, 4.390831, 4.480387 ] }, { "date": "2024-02-23", "close": 4.528183, "volume": 138277641, "typical_volume": 80828614.75, "trend": 4.588954, "fair_value": 5.00849, "relative_strength": 7.69566, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.662891, "energy": 14.870996, "activity_lines": [ 4.382197, 4.359738, 4.396635, 4.475806 ] }, { "date": "2024-03-01", "close": 4.518274, "volume": 121218000, "typical_volume": 83857551.35, "trend": 4.580367, "fair_value": 5.008046, "relative_strength": 3.261832, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.43758, "energy": 12.544335, "activity_lines": [ 4.446933, 4.388022, 4.403052, 4.471246 ] }, { "date": "2024-03-08", "close": 4.60745, "volume": 135307680, "typical_volume": 86881723.05, "trend": 4.569798, "fair_value": 5.009887, "relative_strength": 5.98647, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.773599, "energy": 12.913033, "activity_lines": [ 4.51431, 4.430899, 4.419094, 4.472993 ] }, { "date": "2024-03-15", "close": 4.726352, "volume": 160747947, "typical_volume": 91895422.0, "trend": 4.558238, "fair_value": 5.011285, "relative_strength": 5.917204, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.917305, "energy": 25.240233, "activity_lines": [ 4.608111, 4.49071, 4.44698, 4.483093 ] }, { "date": "2024-03-22", "close": 4.617359, "volume": 159361746, "typical_volume": 93669200.9, "trend": 4.549651, "fair_value": 5.008617, "relative_strength": 3.938774, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.223908, "energy": 26.027986, "activity_lines": [ 4.625286, 4.52584, 4.463541, 4.486907 ] }, { "date": "2024-03-29", "close": 4.726352, "volume": 93964544, "typical_volume": 94859242.2, "trend": 4.54932, "fair_value": 5.006013, "relative_strength": 8.200236, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.526925, "energy": 35.565016, "activity_lines": [ 4.667562, 4.576824, 4.489869, 4.498308 ] }, { "date": "2024-04-05", "close": 5.00379, "volume": 162670743, "typical_volume": 99223315.6, "trend": 4.563192, "fair_value": 5.004425, "relative_strength": 12.599917, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.366226, "energy": 53.27671, "activity_lines": [ 4.789106, 4.671765, 4.541535, 4.527628 ] }, { "date": "2024-04-12", "close": 5.043424, "volume": 360799005, "typical_volume": 113306308.8, "trend": 4.567816, "fair_value": 5.000106, "relative_strength": 16.981352, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.178635, "energy": 52.856459, "activity_lines": [ 4.891494, 4.757699, 4.59438, 4.558611 ] }, { "date": "2024-04-19", "close": 4.835346, "volume": 253926387, "typical_volume": 122662464.2, "trend": 4.564844, "fair_value": 4.996803, "relative_strength": 11.189588, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.019251, "energy": 55.196356, "activity_lines": [ 4.895457, 4.79427, 4.625144, 4.575871 ] }, { "date": "2024-04-26", "close": 4.845254, "volume": 230181917, "typical_volume": 131202425.75, "trend": 4.559889, "fair_value": 4.994644, "relative_strength": 9.107901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.700225, "energy": 49.340456, "activity_lines": [ 4.895457, 4.819672, 4.655247, 4.593962 ] }, { "date": "2024-05-03", "close": 5.053332, "volume": 203340147, "typical_volume": 137381961.65, "trend": 4.566495, "fair_value": 4.994644, "relative_strength": 12.147642, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.351112, "energy": 47.687918, "activity_lines": [ 4.949623, 4.8757, 4.703421, 4.625797 ] }, { "date": "2024-05-10", "close": 5.469489, "volume": 321423922, "typical_volume": 150143517.55, "trend": 4.590275, "fair_value": 4.995787, "relative_strength": 19.090928, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.933464, "energy": 64.319103, "activity_lines": [ 5.12071, 4.997845, 4.788115, 4.684055 ] }, { "date": "2024-05-17", "close": 5.340679, "volume": 253306038, "typical_volume": 160128839.05, "trend": 4.611083, "fair_value": 4.997057, "relative_strength": 16.083626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.797471, "energy": 74.792311, "activity_lines": [ 5.217813, 5.079275, 4.855587, 4.732468 ] }, { "date": "2024-05-24", "close": 5.182143, "volume": 291206016, "typical_volume": 172282317.8, "trend": 4.632882, "fair_value": 4.998582, "relative_strength": 15.641677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.881452, "energy": 68.71053, "activity_lines": [ 5.242254, 5.118548, 4.903242, 4.76931 ] }, { "date": "2024-05-31", "close": 5.261411, "volume": 260086506, "typical_volume": 182946722.6, "trend": 4.658644, "fair_value": 5.000868, "relative_strength": 17.702125, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.193166, "energy": 63.163031, "activity_lines": [ 5.269998, 5.163947, 4.955002, 4.80986 ] }, { "date": "2024-06-07", "close": 5.192051, "volume": 323543978, "typical_volume": 196660268.5, "trend": 4.681764, "fair_value": 5.000932, "relative_strength": 16.857658, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.92585, "energy": 42.165978, "activity_lines": [ 5.246878, 5.185025, 4.996052, 4.844274 ] }, { "date": "2024-06-14", "close": 5.043424, "volume": 136397251, "typical_volume": 200294957.35, "trend": 4.701251, "fair_value": 4.998963, "relative_strength": 13.060649, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.045044, "energy": 28.628847, "activity_lines": [ 5.164968, 5.170613, 5.01903, 4.867607 ] }, { "date": "2024-06-21", "close": 5.073149, "volume": 144507097, "typical_volume": 201832762.6, "trend": 4.718095, "fair_value": 4.999344, "relative_strength": 15.51713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.713965, "energy": 23.265109, "activity_lines": [ 5.121371, 5.160885, 5.040404, 4.8916 ] }, { "date": "2024-06-28", "close": 5.033515, "volume": 150682985, "typical_volume": 203018474.75, "trend": 4.73593, "fair_value": 4.999661, "relative_strength": 16.735682, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.881162, "energy": 17.157096, "activity_lines": [ 5.082397, 5.143409, 5.054842, 4.91195 ] }, { "date": "2024-07-05", "close": 5.271319, "volume": 167272021, "typical_volume": 203411078.55, "trend": 4.762353, "fair_value": 5.001948, "relative_strength": 23.458437, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.010809, "energy": 21.27746, "activity_lines": [ 5.1326, 5.165568, 5.087587, 4.946491 ] }, { "date": "2024-07-12", "close": 5.370404, "volume": 205620910, "typical_volume": 206778242.0, "trend": 4.794721, "fair_value": 5.005759, "relative_strength": 22.650835, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.965233, "energy": 32.708602, "activity_lines": [ 5.215171, 5.197996, 5.125853, 4.98572 ] }, { "date": "2024-07-19", "close": 4.865071, "volume": 186040181, "typical_volume": 210019351.05, "trend": 4.809253, "fair_value": 5.006775, "relative_strength": 10.046779, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.183392, "energy": 15.109639, "activity_lines": [ 5.117407, 5.13278, 5.111981, 4.990259 ] }, { "date": "2024-07-26", "close": 4.557908, "volume": 142922211, "typical_volume": 210400077.6, "trend": 4.816189, "fair_value": 5.005251, "relative_strength": 6.382805, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.875954, "energy": 10.025129, "activity_lines": [ 4.929146, 5.022706, 5.067204, 4.974043 ] }, { "date": "2024-08-02", "close": 4.696626, "volume": 122902504, "typical_volume": 208507805.45, "trend": 4.824116, "fair_value": 5.005441, "relative_strength": 9.725271, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.688968, "energy": 24.177051, "activity_lines": [ 4.821473, 4.952085, 5.035874, 4.966329 ] }, { "date": "2024-08-09", "close": 4.567816, "volume": 102341663, "typical_volume": 205656801.3, "trend": 4.829731, "fair_value": 5.001313, "relative_strength": 8.329596, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.367787, "energy": 46.858848, "activity_lines": [ 4.693324, 4.866872, 4.992419, 4.949794 ] }, { "date": "2024-08-16", "close": 4.47864, "volume": 77239526, "typical_volume": 204820550.4, "trend": 4.833364, "fair_value": 4.996232, "relative_strength": 6.426168, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.269789, "energy": 59.546103, "activity_lines": [ 4.582349, 4.778056, 4.940706, 4.927143 ] }, { "date": "2024-08-23", "close": 4.419189, "volume": 82162215, "typical_volume": 200795124.0, "trend": 4.843603, "fair_value": 4.987911, "relative_strength": 6.805919, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.633716, "energy": 66.225486, "activity_lines": [ 4.511008, 4.691402, 4.88451, 4.900422 ] }, { "date": "2024-08-30", "close": 4.181385, "volume": 198613820, "typical_volume": 192685864.75, "trend": 4.836006, "fair_value": 4.976351, "relative_strength": -1.13814, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.20035, "energy": 73.37636, "activity_lines": [ 4.390124, 4.572861, 4.808451, 4.857698 ] }, { "date": "2024-09-06", "close": 3.963398, "volume": 114572383, "typical_volume": 185718164.55, "trend": 4.830722, "fair_value": 4.961679, "relative_strength": -3.909154, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.186489, "energy": 90.842747, "activity_lines": [ 4.22168, 4.430899, 4.715736, 4.801401 ] }, { "date": "2024-09-13", "close": 3.903947, "volume": 86852841, "typical_volume": 178551710.75, "trend": 4.812556, "fair_value": 4.946181, "relative_strength": -3.679136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.410517, "energy": 92.267673, "activity_lines": [ 4.0823, 4.297585, 4.621511, 4.741609 ] }, { "date": "2024-09-20", "close": 4.052575, "volume": 72981931, "typical_volume": 172033799.95, "trend": 4.796702, "fair_value": 4.934303, "relative_strength": -1.231874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.604807, "energy": 86.63401, "activity_lines": [ 4.036721, 4.216155, 4.545923, 4.692578 ] }, { "date": "2024-09-27", "close": 4.666901, "volume": 206306452, "typical_volume": 166277926.45, "trend": 4.801657, "fair_value": 4.92052, "relative_strength": -3.463549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.714542, "energy": 53.200738, "activity_lines": [ 4.224322, 4.270381, 4.533608, 4.684204 ] }, { "date": "2024-10-04", "close": 5.1326, "volume": 107235431, "typical_volume": 158974396.1, "trend": 4.819162, "fair_value": 4.910485, "relative_strength": -4.101366, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.976277, "energy": 14.142024, "activity_lines": [ 4.550641, 4.412883, 4.569468, 4.705555 ] }, { "date": "2024-10-11", "close": 4.80562, "volume": 370280920, "typical_volume": 162928141.3, "trend": 4.821804, "fair_value": 4.896511, "relative_strength": -6.050479, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.291817, "energy": 24.223566, "activity_lines": [ 4.704553, 4.485486, 4.575177, 4.704681 ] }, { "date": "2024-10-18", "close": 4.775895, "volume": 183691349, "typical_volume": 159108383.45, "trend": 4.827088, "fair_value": 4.884443, "relative_strength": -9.283119, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.059318, "energy": 30.147442, "activity_lines": [ 4.792409, 4.550702, 4.579848, 4.701719 ] }, { "date": "2024-10-25", "close": 4.954247, "volume": 206198384, "typical_volume": 153241103.75, "trend": 4.834685, "fair_value": 4.876758, "relative_strength": -8.195452, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 23.724257, "energy": 34.673201, "activity_lines": [ 4.881585, 4.644562, 4.603817, 4.709923 ] }, { "date": "2024-11-01", "close": 5.390221, "volume": 382855327, "typical_volume": 165564007.55, "trend": 4.847566, "fair_value": 4.875488, "relative_strength": 1.23826, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.049407, "energy": 48.240676, "activity_lines": [ 5.055975, 4.809043, 4.67044, 4.745764 ] }, { "date": "2024-11-08", "close": 5.439764, "volume": 640947866, "typical_volume": 190386046.0, "trend": 4.860777, "fair_value": 4.874281, "relative_strength": -4.406791, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.361575, "energy": 59.944176, "activity_lines": [ 5.198657, 4.964877, 4.74013, 4.78397 ] }, { "date": "2024-11-15", "close": 5.073149, "volume": 239258977, "typical_volume": 194814845.6, "trend": 4.868704, "fair_value": 4.870978, "relative_strength": -7.513845, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.545168, "energy": 47.638948, "activity_lines": [ 5.198657, 5.031173, 4.773158, 4.797672 ] }, { "date": "2024-11-22", "close": 5.00379, "volume": 196936335, "typical_volume": 196298061.3, "trend": 4.873989, "fair_value": 4.868247, "relative_strength": -6.14362, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.929301, "energy": 33.023587, "activity_lines": [ 5.157702, 5.064682, 4.799392, 4.806387 ] }, { "date": "2024-11-29", "close": 5.102875, "volume": 148152095, "typical_volume": 193424620.55, "trend": 4.87564, "fair_value": 4.86831, "relative_strength": -5.929401, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.389216, "energy": 27.629913, "activity_lines": [ 5.134582, 5.096209, 4.836336, 4.821154 ] }, { "date": "2024-12-06", "close": 5.221777, "volume": 168435146, "typical_volume": 192544368.8, "trend": 4.867383, "fair_value": 4.869771, "relative_strength": -5.422098, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.579672, "energy": 23.158788, "activity_lines": [ 5.141188, 5.130258, 4.885879, 4.843485 ] }, { "date": "2024-12-13", "close": 5.112783, "volume": 199676846, "typical_volume": 195382100.55, "trend": 4.859786, "fair_value": 4.869835, "relative_strength": -6.778416, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.652285, "energy": 15.078803, "activity_lines": [ 5.122692, 5.134402, 4.923342, 4.859318 ] }, { "date": "2024-12-20", "close": 5.00379, "volume": 108582874, "typical_volume": 194666119.05, "trend": 4.853841, "fair_value": 4.868374, "relative_strength": -8.189606, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 37.739213, "energy": 22.172093, "activity_lines": [ 5.089664, 5.119089, 4.947783, 4.868608 ] }, { "date": "2024-12-27", "close": 5.023607, "volume": 90583483, "typical_volume": 194078210.05, "trend": 4.845915, "fair_value": 4.864372, "relative_strength": -7.939946, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.732582, "energy": 20.940505, "activity_lines": [ 5.067865, 5.103776, 4.972649, 4.879561 ] }, { "date": "2025-01-03", "close": 4.706535, "volume": 105194581, "typical_volume": 195475962.8, "trend": 4.829731, "fair_value": 4.858973, "relative_strength": -7.128276, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.784577, "energy": 14.060136, "activity_lines": [ 4.939054, 5.026309, 4.965147, 4.870569 ] }, { "date": "2025-01-10", "close": 4.656992, "volume": 117479260, "typical_volume": 197241815.05, "trend": 4.81685, "fair_value": 4.853384, "relative_strength": -7.131707, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.540797, "energy": 14.673094, "activity_lines": [ 4.820152, 4.944339, 4.951841, 4.859424 ] }, { "date": "2025-01-17", "close": 4.884888, "volume": 119036647, "typical_volume": 193262956.4, "trend": 4.810574, "fair_value": 4.84862, "relative_strength": -6.072253, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.726817, "energy": 17.218865, "activity_lines": [ 4.814868, 4.917136, 4.959107, 4.863814 ] }, { "date": "2025-01-24", "close": 4.934431, "volume": 83767938, "typical_volume": 191722734.15, "trend": 4.807271, "fair_value": 4.845318, "relative_strength": -6.371251, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.041268, "energy": 16.258434, "activity_lines": [ 4.841291, 4.909029, 4.967742, 4.871805 ] }, { "date": "2025-01-31", "close": 4.914614, "volume": 15882080, "typical_volume": 188174196.1, "trend": 4.795381, "fair_value": 4.842142, "relative_strength": -5.423908, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.115005, "energy": 12.093171, "activity_lines": [ 4.865732, 4.899841, 4.969865, 4.87873 ] }, { "date": "2025-02-07", "close": 5.00379, "volume": 71099682, "typical_volume": 188080083.65, "trend": 4.783161, "fair_value": 4.839156, "relative_strength": -7.397021, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.269367, "energy": 17.434124, "activity_lines": [ 4.927164, 4.908488, 4.975669, 4.892176 ] }, { "date": "2025-02-14", "close": 4.934431, "volume": 115739464, "typical_volume": 183551734.25, "trend": 4.785473, "fair_value": 4.836552, "relative_strength": -10.000621, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.970171, "energy": 18.855503, "activity_lines": [ 4.94566, 4.906327, 4.970337, 4.901935 ] }, { "date": "2025-02-21", "close": 4.904705, "volume": 139577991, "typical_volume": 185168862.25, "trend": 4.797033, "fair_value": 4.835473, "relative_strength": -12.336331, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.06001, "energy": 16.726735, "activity_lines": [ 4.935752, 4.903985, 4.9609, 4.909627 ] }, { "date": "2025-02-28", "close": 4.80562, "volume": 121960730, "typical_volume": 172752852.75, "trend": 4.800666, "fair_value": 4.835219, "relative_strength": -10.942819, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.97386, "energy": 8.241356, "activity_lines": [ 4.891494, 4.88741, 4.943112, 4.910181 ] }, { "date": "2025-03-07", "close": 5.033515, "volume": 151812960, "typical_volume": 171158933.3, "trend": 4.816189, "fair_value": 4.834266, "relative_strength": -8.624109, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.02536, "energy": 14.819677, "activity_lines": [ 4.931788, 4.915875, 4.947028, 4.925204 ] }, { "date": "2025-03-14", "close": 5.142509, "volume": 190596618, "typical_volume": 170378845.0, "trend": 4.838318, "fair_value": 4.833504, "relative_strength": -7.708571, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.232857, "energy": 27.719167, "activity_lines": [ 5.000487, 4.963976, 4.960098, 4.946257 ] }, { "date": "2025-03-21", "close": 5.112783, "volume": 132295642, "typical_volume": 157850860.75, "trend": 4.861438, "fair_value": 4.832995, "relative_strength": -5.730394, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 55.307974, "energy": 38.846651, "activity_lines": [ 5.050029, 4.998746, 4.96944, 4.963964 ] }, { "date": "2025-03-28", "close": 5.043424, "volume": 202861109, "typical_volume": 135946522.9, "trend": 4.890173, "fair_value": 4.831725, "relative_strength": -6.208975, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.596605, "energy": 36.259377, "activity_lines": [ 5.064562, 5.012617, 4.973498, 4.975705 ] }, { "date": "2025-04-04", "close": 4.974064, "volume": 78099105, "typical_volume": 127888529.3, "trend": 4.923861, "fair_value": 4.832297, "relative_strength": -5.183212, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 39.134217, "energy": 36.180172, "activity_lines": [ 5.046727, 5.010996, 4.972838, 4.981118 ] }, { "date": "2025-04-11", "close": 4.567816, "volume": 188440031, "typical_volume": 127463714.1, "trend": 4.94599, "fair_value": 4.832233, "relative_strength": -7.936202, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.511342, "energy": 20.321637, "activity_lines": [ 4.882246, 4.934791, 4.933959, 4.958147 ] }, { "date": "2025-04-18", "close": 4.547999, "volume": 84969896, "typical_volume": 124304604.15, "trend": 4.962504, "fair_value": 4.832233, "relative_strength": -7.643317, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.713436, "energy": 62.325846, "activity_lines": [ 4.742205, 4.861288, 4.895268, 4.93247 ] }, { "date": "2025-04-25", "close": 4.656992, "volume": 77714020, "typical_volume": 119768547.85, "trend": 4.962174, "fair_value": 4.832551, "relative_strength": -6.570015, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.842399, "energy": 67.244139, "activity_lines": [ 4.67813, 4.815889, 4.8696, 4.91276 ] }, { "date": "2025-05-02", "close": 4.577724, "volume": 44157810, "typical_volume": 111992596.05, "trend": 4.943678, "fair_value": 4.831852, "relative_strength": -7.772107, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.494216, "energy": 73.958476, "activity_lines": [ 4.618019, 4.761122, 4.839073, 4.887956 ] }, { "date": "2025-05-09", "close": 4.775895, "volume": 93663982, "typical_volume": 111246651.45, "trend": 4.942688, "fair_value": 4.832487, "relative_strength": -5.609015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.861461, "energy": 63.022318, "activity_lines": [ 4.655011, 4.748331, 4.829967, 4.877132 ] }, { "date": "2025-05-16", "close": 4.815529, "volume": 83310554, "typical_volume": 110883005.0, "trend": 4.944009, "fair_value": 4.835536, "relative_strength": -5.037636, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.616815, "energy": 33.309322, "activity_lines": [ 4.718425, 4.743287, 4.82572, 4.868928 ] }, { "date": "2025-05-23", "close": 4.726352, "volume": 81084948, "typical_volume": 109677523.35, "trend": 4.936412, "fair_value": 4.839665, "relative_strength": -6.059701, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.868413, "energy": 24.28369, "activity_lines": [ 4.7356, 4.725992, 4.813971, 4.854885 ] }, { "date": "2025-05-30", "close": 4.716444, "volume": 63018838, "typical_volume": 106954502.25, "trend": 4.913953, "fair_value": 4.844492, "relative_strength": -5.061027, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.115756, "energy": 18.615095, "activity_lines": [ 4.737582, 4.714462, 4.801185, 4.840694 ] }, { "date": "2025-06-06", "close": 4.944339, "volume": 92613211, "typical_volume": 105633330.45, "trend": 4.897439, "fair_value": 4.849827, "relative_strength": -1.583301, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.829001, "energy": 13.779599, "activity_lines": [ 4.811565, 4.751574, 4.809819, 4.842654 ] }, { "date": "2025-06-13", "close": 5.033515, "volume": 191572329, "typical_volume": 111023550.0, "trend": 4.896118, "fair_value": 4.854781, "relative_strength": 0.989645, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.702068, "energy": 12.914674, "activity_lines": [ 4.890833, 4.806701, 4.826664, 4.851433 ] }, { "date": "2025-06-20", "close": 4.815529, "volume": 99700427, "typical_volume": 115214467.35, "trend": 4.889842, "fair_value": 4.858211, "relative_strength": -1.953312, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.075259, "energy": 17.79333, "activity_lines": [ 4.880264, 4.821113, 4.822276, 4.846234 ] }, { "date": "2025-06-27", "close": 5.05, "volume": 119785332, "typical_volume": 117648749.85, "trend": 4.88808, "fair_value": 4.859079, "relative_strength": -0.559376, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.02916, "energy": 26.516687, "activity_lines": [ 4.947852, 4.873653, 4.84069, 4.856567 ] }, { "date": "2025-07-04", "close": 5.07, "volume": 135694775, "typical_volume": 118646515.4, "trend": 4.88302, "fair_value": 4.85925, "relative_strength": -0.920671, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.19586, "energy": 36.333928, "activity_lines": [ 5.00053, 4.920702, 4.860789, 4.868304 ] }, { "date": "2025-07-11", "close": 5.69, "volume": 248654110, "typical_volume": 124100321.35, "trend": 4.902261, "fair_value": 4.863394, "relative_strength": 9.570687, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.256926, "energy": 84.529364, "activity_lines": [ 5.236305, 5.072969, 4.93929, 4.920367 ] }, { "date": "2025-07-18", "close": 6.08, "volume": 837682921, "typical_volume": 159886430.9, "trend": 4.938135, "fair_value": 4.871436, "relative_strength": 14.696551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.329195, "energy": 96.360671, "activity_lines": [ 5.552369, 5.275921, 5.051195, 4.99635 ] }, { "date": "2025-07-25", "close": 6.37, "volume": 1173136722, "typical_volume": 210952619.0, "trend": 4.983014, "fair_value": 4.881528, "relative_strength": 17.2444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.689151, "energy": 96.847596, "activity_lines": [ 5.895333, 5.50789, 5.18465, 5.088729 ] }, { "date": "2025-08-01", "close": 5.91, "volume": 423300344, "typical_volume": 222587805.3, "trend": 5.02313, "fair_value": 4.889369, "relative_strength": 10.577478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.134527, "energy": 88.238868, "activity_lines": [ 5.981333, 5.62796, 5.267931, 5.148534 ] }, { "date": "2025-08-08", "close": 6.13, "volume": 378014912, "typical_volume": 234873768.8, "trend": 5.07223, "fair_value": 4.899447, "relative_strength": 13.248472, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.330216, "energy": 88.714568, "activity_lines": [ 6.083333, 5.766508, 5.36851, 5.219945 ] }, { "date": "2025-08-15", "close": 6.1, "volume": 312391484, "typical_volume": 240350287.55, "trend": 5.112734, "fair_value": 4.907935, "relative_strength": 7.844584, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.082646, "energy": 70.455029, "activity_lines": [ 6.104667, 5.873901, 5.461388, 5.286253 ] }, { "date": "2025-08-22", "close": 6.27, "volume": 512273635, "typical_volume": 262059014.05, "trend": 5.157253, "fair_value": 4.917385, "relative_strength": 6.112253, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.021578, "energy": 64.374522, "activity_lines": [ 6.155333, 5.991191, 5.565426, 5.360915 ] }, { "date": "2025-08-29", "close": 6.94, "volume": 780996757, "typical_volume": 291686850.35, "trend": 5.224766, "fair_value": 4.931702, "relative_strength": 12.343785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.886102, "energy": 71.473455, "activity_lines": [ 6.416667, 6.207818, 5.727101, 5.475931 ] }, { "date": "2025-09-05", "close": 6.66, "volume": 555182103, "typical_volume": 315197460.7, "trend": 5.279973, "fair_value": 4.943272, "relative_strength": 8.537268, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.434385, "energy": 63.420883, "activity_lines": [ 6.546667, 6.334909, 5.850814, 5.568527 ] }, { "date": "2025-09-12", "close": 6.99, "volume": 370249983, "typical_volume": 329824258.85, "trend": 5.348492, "fair_value": 4.957465, "relative_strength": 10.748516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.314835, "energy": 67.896276, "activity_lines": [ 6.736667, 6.492727, 5.995898, 5.678851 ] }, { "date": "2025-09-19", "close": 6.42, "volume": 356027355, "typical_volume": 345417736.1, "trend": 5.399002, "fair_value": 4.967178, "relative_strength": 0.618016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.078349, "energy": 58.206173, "activity_lines": [ 6.679333, 6.512, 6.075587, 5.747981 ] }, { "date": "2025-09-26", "close": 6.26, "volume": 230573280, "typical_volume": 352263201.0, "trend": 5.447481, "fair_value": 4.976374, "relative_strength": -2.852235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.364323, "energy": 47.676499, "activity_lines": [ 6.547333, 6.488909, 6.131265, 5.803529 ] }, { "date": "2025-10-03", "close": 6.78, "volume": 181768255, "typical_volume": 357186086.05, "trend": 5.505697, "fair_value": 4.987316, "relative_strength": 2.691894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.646591, "energy": 46.202769, "activity_lines": [ 6.589333, 6.557091, 6.2294, 5.889498 ] }, { "date": "2025-10-10", "close": 7.05, "volume": 281061384, "typical_volume": 367184907.85, "trend": 5.56928, "fair_value": 5.003227, "relative_strength": 7.935775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.572316, "energy": 47.784114, "activity_lines": [ 6.732, 6.666909, 6.343894, 5.98913 ] }, { "date": "2025-10-17", "close": 6.9, "volume": 756269847, "typical_volume": 401847458.3, "trend": 5.628854, "fair_value": 5.015192, "relative_strength": 10.827585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.938123, "energy": 45.458142, "activity_lines": [ 6.798667, 6.728727, 6.433038, 6.074983 ] }, { "date": "2025-10-24", "close": 6.93, "volume": 273223173, "typical_volume": 410877956.4, "trend": 5.69174, "fair_value": 5.031668, "relative_strength": 6.053386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.700064, "energy": 49.575087, "activity_lines": [ 6.881333, 6.782, 6.514641, 6.158928 ] }, { "date": "2025-10-31", "close": 6.67, "volume": 337710239, "typical_volume": 418184851.9, "trend": 5.748271, "fair_value": 5.045461, "relative_strength": 1.462508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.695448, "energy": 44.696097, "activity_lines": [ 6.843333, 6.772909, 6.562026, 6.222042 ] }, { "date": "2025-11-07", "close": 6.46, "volume": 233062727, "typical_volume": 424852966.9, "trend": 5.811344, "fair_value": 5.057336, "relative_strength": -1.900678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.222964, "energy": 30.17393, "activity_lines": [ 6.708, 6.718364, 6.581619, 6.26796 ] }, { "date": "2025-11-14", "close": 6.57, "volume": 263063735, "typical_volume": 432016887.05, "trend": 5.878744, "fair_value": 5.071377, "relative_strength": 1.089654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.572437, "energy": 22.421618, "activity_lines": [ 6.630667, 6.692545, 6.603857, 6.316905 ] }, { "date": "2025-11-21", "close": 5.82, "volume": 238022372, "typical_volume": 437133266.9, "trend": 5.917511, "fair_value": 5.078769, "relative_strength": -5.552114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -2.343585, "energy": 12.212324, "activity_lines": [ 6.335333, 6.532, 6.547429, 6.313115 ] }, { "date": "2025-11-28", "close": 6.03, "volume": 133457580, "typical_volume": 431373440.4, "trend": 5.96592, "fair_value": 5.084585, "relative_strength": -5.44471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 0.179346, "energy": 18.04178, "activity_lines": [ 6.182, 6.430909, 6.507429, 6.320373 ] }, { "date": "2025-12-05", "close": 6.24, "volume": 170965545, "typical_volume": 398037571.6, "trend": 6.014724, "fair_value": 5.093716, "relative_strength": -3.334174, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.833043, "energy": 20.450385, "activity_lines": [ 6.158667, 6.375091, 6.48581, 6.338055 ] }, { "date": "2025-12-12", "close": 6.03, "volume": 136294096, "typical_volume": 346195440.3, "trend": 6.055206, "fair_value": 5.100739, "relative_strength": -7.285462, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.83874, "energy": 26.108913, "activity_lines": [ 6.094, 6.281455, 6.443429, 6.339041 ] }, { "date": "2025-12-19", "close": 6.16, "volume": 142792083, "typical_volume": 332170027.25, "trend": 6.102994, "fair_value": 5.108659, "relative_strength": -4.430752, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.829999, "energy": 33.912797, "activity_lines": [ 6.101333, 6.225091, 6.415048, 6.345802 ] }, { "date": "2025-12-26", "close": 6.5, "volume": 228195607, "typical_volume": 324679062.0, "trend": 6.162446, "fair_value": 5.117424, "relative_strength": -2.618025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.852829, "energy": 13.771902, "activity_lines": [ 6.249333, 6.246727, 6.417857, 6.371415 ] }, { "date": "2026-01-02", "close": 6.64, "volume": 204002709, "typical_volume": 319259623.25, "trend": 6.218968, "fair_value": 5.128548, "relative_strength": -0.000804, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.925371, "energy": 18.762966, "activity_lines": [ 6.398667, 6.301091, 6.432238, 6.402225 ] }, { "date": "2026-01-09", "close": 7.03, "volume": 394462070, "typical_volume": 313369045.0, "trend": 6.285518, "fair_value": 5.143569, "relative_strength": 1.321182, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.631087, "energy": 37.716747, "activity_lines": [ 6.637333, 6.431636, 6.48119, 6.45455 ] }, { "date": "2026-01-16", "close": 7.08, "volume": 472577028, "typical_volume": 297948058.55, "trend": 6.361, "fair_value": 5.158784, "relative_strength": 0.832634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.79753, "energy": 57.998342, "activity_lines": [ 6.84, 6.564727, 6.531286, 6.505806 ] }, { "date": "2026-01-23", "close": 8.09, "volume": 636925033, "typical_volume": 302035205.05, "trend": 6.462333, "fair_value": 5.180282, "relative_strength": 13.592378, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.666606, "energy": 87.430143, "activity_lines": [ 7.309333, 6.870182, 6.676905, 6.617355 ] }, { "date": "2026-01-30", "close": 7.92, "volume": 1285387713, "typical_volume": 347792091.55, "trend": 6.557333, "fair_value": 5.199674, "relative_strength": 12.711904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.767887, "energy": 84.9544, "activity_lines": [ 7.593333, 7.117091, 6.799524, 6.711398 ] }, { "date": "2026-02-06", "close": 7.31, "volume": 583723481, "typical_volume": 359176897.85, "trend": 6.611333, "fair_value": 5.210393, "relative_strength": 6.052164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.990061, "energy": 75.821623, "activity_lines": [ 7.579333, 7.214909, 6.859619, 6.759957 ] }, { "date": "2026-02-13", "close": 7.36, "volume": 309468359, "typical_volume": 363121651.8, "trend": 6.654, "fair_value": 5.219971, "relative_strength": 5.055981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.648693, "energy": 66.335236, "activity_lines": [ 7.537333, 7.298545, 6.920238, 6.808258 ] }, { "date": "2026-02-27", "close": 9.04, "volume": 663405481, "typical_volume": 387203513.1, "trend": 6.743, "fair_value": 5.241779, "relative_strength": 24.664626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.756173, "energy": 69.087494, "activity_lines": [ 8.033333, 7.667273, 7.135619, 6.962194 ] }, { "date": "2026-03-06", "close": 7.96, "volume": 574901375, "typical_volume": 401895512.65, "trend": 6.811333, "fair_value": 5.25749, "relative_strength": 11.801164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.961299, "energy": 48.956639, "activity_lines": [ 8.038667, 7.784909, 7.237381, 7.04071 ] }, { "date": "2026-03-13", "close": 7.48, "volume": 282240044, "typical_volume": 378194022.5, "trend": 6.856333, "fair_value": 5.269171, "relative_strength": 4.026439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.689591, "energy": 43.361756, "activity_lines": [ 7.892667, 7.782545, 7.289095, 7.083849 ] }, { "date": "2026-03-20", "close": 6.51, "volume": 248634309, "typical_volume": 376964579.3, "trend": 6.87, "fair_value": 5.27438, "relative_strength": -6.760491, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.7803, "energy": 20.663099, "activity_lines": [ 7.452667, 7.586, 7.245667, 7.061505 ] }, { "date": "2026-03-27", "close": 6.56, "volume": 248561608, "typical_volume": 372507147.75, "trend": 6.879667, "fair_value": 5.281815, "relative_strength": -5.315773, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.637141, "energy": 16.779709, "activity_lines": [ 7.082667, 7.400909, 7.209, 7.041505 ] }, { "date": "2026-04-03", "close": 6.37, "volume": 175747029, "typical_volume": 369641362.85, "trend": 6.860667, "fair_value": 5.287206, "relative_strength": -5.258237, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -13.457172, "energy": 25.610077, "activity_lines": [ 6.702667, 7.189818, 7.154762, 7.008624 ] }, { "date": "2026-04-10", "close": 6.71, "volume": 133030188, "typical_volume": 363139685.5, "trend": 6.862333, "fair_value": 5.294714, "relative_strength": -6.83387, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.813583, "energy": 28.033258, "activity_lines": [ 6.614, 7.053455, 7.133333, 6.998903 ] }, { "date": "2026-04-17", "close": 6.95, "volume": 170729916, "typical_volume": 359775062.7, "trend": 6.861, "fair_value": 5.304458, "relative_strength": -7.243897, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.907662, "energy": 22.582311, "activity_lines": [ 6.688667, 6.985818, 7.134095, 7.004559 ] }, { "date": "2026-04-24", "close": 6.92, "volume": 212090161, "typical_volume": 363706691.75, "trend": 6.877667, "fair_value": 5.314645, "relative_strength": -7.97729, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.075848, "energy": 15.531941, "activity_lines": [ 6.788667, 6.930364, 7.126619, 7.008366 ] }, { "date": "2026-05-01", "close": 7.01, "volume": 146755187, "typical_volume": 362496173.85, "trend": 6.902667, "fair_value": 5.323187, "relative_strength": -7.792776, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -7.302403, "energy": 6.481664, "activity_lines": [ 6.891333, 6.898364, 7.123476, 7.016903 ] }, { "date": "2026-05-08", "close": 7.48, "volume": 187443720, "typical_volume": 365053655.05, "trend": 6.926, "fair_value": 5.335376, "relative_strength": -4.561192, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.552855, "energy": 21.48922, "activity_lines": [ 7.120667, 6.958182, 7.161429, 7.054151 ] }, { "date": "2026-05-15", "close": 7.07, "volume": 305904150, "typical_volume": 373209258.4, "trend": 6.926667, "fair_value": 5.347224, "relative_strength": -9.718809, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.639227, "energy": 18.379644, "activity_lines": [ 7.139333, 6.971818, 7.153429, 7.063441 ] }, { "date": "2026-05-22", "close": 7.1, "volume": 221377866, "typical_volume": 372868371.35, "trend": 6.933333, "fair_value": 5.360343, "relative_strength": -9.48283, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.145623, "energy": 17.968628, "activity_lines": [ 7.144, 7.007091, 7.143952, 7.074624 ] }, { "date": "2026-05-29", "close": 6.7, "volume": 224117554, "typical_volume": 373874113.6, "trend": 6.925667, "fair_value": 5.370518, "relative_strength": -14.341947, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.897718, "energy": 9.550355, "activity_lines": [ 7.005333, 6.976545, 7.093524, 7.05957 ] }, { "date": "2026-06-05", "close": 6.658194, "volume": 52758469, "typical_volume": 356788933.55, "trend": 6.925273, "fair_value": 5.38017, "relative_strength": -13.312775, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.140287, "energy": 19.903509, "activity_lines": [ 6.867398, 6.934944, 7.038828, 7.042314 ] }, { "date": "2026-06-12", "close": 6.895987, "volume": 73391392, "typical_volume": 336829651.75, "trend": 6.939806, "fair_value": 5.394904, "relative_strength": -8.022027, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.614533, "energy": 23.165952, "activity_lines": [ 6.832181, 6.934793, 7.00855, 7.040424 ] }, { "date": "2026-06-19", "close": 6.985159, "volume": 346569885, "typical_volume": 322311894.35, "trend": 6.953645, "fair_value": 5.408939, "relative_strength": -12.829642, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.860107, "energy": 25.974579, "activity_lines": [ 6.865622, 6.941291, 6.98764, 7.04335 ] }, { "date": "2026-06-26", "close": 6.440217, "volume": 80790108, "typical_volume": 262082014.1, "trend": 6.974319, "fair_value": 5.419925, "relative_strength": -18.134124, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.772177, "energy": 42.710726, "activity_lines": [ 6.723071, 6.843706, 6.920092, 7.010226 ] }, { "date": "2026-07-03", "close": 6.469942, "volume": 55080728, "typical_volume": 235649876.45, "trend": 6.988983, "fair_value": 5.430784, "relative_strength": -16.55124, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.591636, "energy": 53.144473, "activity_lines": [ 6.634415, 6.760795, 6.862422, 6.977685 ] }, { "date": "2026-07-10", "close": 5.76, "volume": 220779289, "typical_volume": 231215422.95, "trend": 6.972983, "fair_value": 5.43849, "relative_strength": -22.690241, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.417894, "energy": 73.448483, "activity_lines": [ 6.324448, 6.556986, 6.741139, 6.898396 ] }, { "date": "2026-07-17", "close": 5.49, "volume": 144459800, "typical_volume": 205268138.9, "trend": 6.954983, "fair_value": 5.443703, "relative_strength": -18.696614, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.107409, "energy": 85.294971, "activity_lines": [ 5.984361, 6.326813, 6.601761, 6.80272 ] }, { "date": "2026-07-24", "close": 5.62, "volume": 170451933, "typical_volume": 185045666.8, "trend": 6.936983, "fair_value": 5.448923, "relative_strength": -16.696209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.145921, "energy": 84.803083, "activity_lines": [ 5.78134, 6.156459, 6.491668, 6.716592 ] }, { "date": "2026-07-31", "close": 5.98, "volume": 134769506, "typical_volume": 177672139.9, "trend": 6.91965, "fair_value": 5.456261, "relative_strength": -9.620934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.148248, "energy": 80.091868, "activity_lines": [ 5.789329, 6.077922, 6.427003, 6.654851 ] }, { "date": "2026-08-07", "close": 6.25, "volume": 165760930, "typical_volume": 173528470.95, "trend": 6.90665, "fair_value": 5.46571, "relative_strength": -10.013773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.562737, "energy": 64.318103, "activity_lines": [ 5.918, 6.06884, 6.395196, 6.611648 ] } ], "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." } } }