{ "ticker": { "uuid": "fc50e744-bdac-4a44-8762-46604ef60f05", "symbol": "600808", "name": "Maanshan Iron & Steel Company Limited", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -62.868, "architecture_energy": 60.973, "architecture_maturity": 98.886, "architecture_confidence": 93.889, "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": 12.42, "rotation_up": 29.46, "upward_expansion": 12.0, "deceleration": 60.93, "rotation_down": 48.8, "downward_expansion": 83.0 }, "activity_lines": [ 2.54, 2.551091, 2.830857, 3.106301 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 2.58, "trend_reference": 3.452667, "distance_from_trend": -0.252751, "trend_direction": "Weakening", "fair_value": 3.012692, "distance_from_fair_value": -0.143623, "fair_value_direction": "Weakening", "relative_strength": -28.873118, "relative_strength_direction": "Weakening", "price_momentum": -0.384248, "excess_performance": -0.341044, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.252751, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.12019, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.143623, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.401386, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.288731, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.198041, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.384248, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.360681, "read": "Supply-led" } ], "volume": { "latest": 313380831, "relative_activity": 1.198351, "balance": 0.360681, "dry_up": 1.502676, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.091831, "annualized_volatility": 0.3559, "from_high_reference": -0.431718, "from_low_reference": 0.107296 }, "levels": { "trend_reference": 3.452667, "fair_value_reference": 3.012692, "structural_low": 2.33, "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": -0.033824, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.025342, "regime_survival": 0.8, "best_return": 0.226519, "worst_return": -0.121795, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.022059, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.038726, "regime_survival": 0.428571, "best_return": 0.449541, "worst_return": -0.205019, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.01061, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.074294, "regime_survival": 0.2, "best_return": 0.463303, "worst_return": -0.187482, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.176536, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.049281, "regime_survival": 0.333333, "best_return": 0.677885, "worst_return": -0.202971, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-04-28", "end": "2023-06-02", "tenure": "Developing", "return": 0.007326, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-06-09", "end": "2023-08-11", "tenure": "Developing", "return": 0.057596, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-18", "end": "2024-03-22", "tenure": "Extended", "return": -0.084249, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-29", "end": "2024-09-27", "tenure": "Extended", "return": -0.106557, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-22", "tenure": "Developing", "return": -0.02521, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-04-11", "tenure": "Established", "return": 0.268085, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-30", "tenure": "Developing", "return": 0.128713, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": -0.02924, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": 0.210526, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-09-12", "tenure": "Developing", "return": -0.05641, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-10-03", "tenure": "New", "return": 0.075269, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2026-03-13", "tenure": "Established", "return": 0.024213, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-05-15", "tenure": "Developing", "return": -0.064865, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.173077, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 2.87, "volume": 273886586, "typical_volume": 115960171.45, "trend": 2.785407, "fair_value": 3.1354, "relative_strength": -0.508964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.026471, "energy": 12.715917, "activity_lines": [ 2.674667, 2.637379, 2.668895, 2.726576 ] }, { "date": "2023-08-04", "close": 2.91, "volume": 287754367, "typical_volume": 123512093.1, "trend": 2.789463, "fair_value": 3.139333, "relative_strength": 0.714037, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 16.848266, "energy": 27.473717, "activity_lines": [ 2.767328, 2.687786, 2.686947, 2.734614 ] }, { "date": "2023-08-11", "close": 2.76, "volume": 117504613, "typical_volume": 121291714.3, "trend": 2.78852, "fair_value": 3.142251, "relative_strength": -1.32439, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.469041, "energy": 25.896347, "activity_lines": [ 2.786, 2.706543, 2.691221, 2.732714 ] }, { "date": "2023-08-18", "close": 2.73, "volume": 118015459, "typical_volume": 120309517.25, "trend": 2.787569, "fair_value": 3.144645, "relative_strength": -0.486988, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.059828, "energy": 26.560967, "activity_lines": [ 2.782667, 2.719277, 2.693292, 2.728938 ] }, { "date": "2023-08-25", "close": 2.69, "volume": 121968109, "typical_volume": 121080470.25, "trend": 2.780323, "fair_value": 3.146503, "relative_strength": 0.361166, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.715001, "energy": 18.842144, "activity_lines": [ 2.756, 2.722551, 2.692161, 2.722643 ] }, { "date": "2023-09-01", "close": 2.64, "volume": 211155983, "typical_volume": 123045001.0, "trend": 2.77108, "fair_value": 3.147089, "relative_strength": -3.502318, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.825519, "energy": 17.845767, "activity_lines": [ 2.705333, 2.715455, 2.686737, 2.71359 ] }, { "date": "2023-09-08", "close": 2.63, "volume": 194755303, "typical_volume": 126833719.85, "trend": 2.762165, "fair_value": 3.147276, "relative_strength": -3.195923, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.553312, "energy": 25.911461, "activity_lines": [ 2.666667, 2.704726, 2.681304, 2.704488 ] }, { "date": "2023-09-15", "close": 2.72, "volume": 117830062, "typical_volume": 126282540.25, "trend": 2.75625, "fair_value": 3.148767, "relative_strength": 0.179257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.669443, "energy": 21.244287, "activity_lines": [ 2.676667, 2.708909, 2.685006, 2.701768 ] }, { "date": "2023-09-22", "close": 2.69, "volume": 152289900, "typical_volume": 131094262.5, "trend": 2.744373, "fair_value": 3.150457, "relative_strength": -1.239828, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.823285, "energy": 19.86556, "activity_lines": [ 2.679333, 2.705091, 2.685798, 2.697494 ] }, { "date": "2023-09-29", "close": 2.64, "volume": 100067476, "typical_volume": 129136199.3, "trend": 2.728515, "fair_value": 3.151659, "relative_strength": -2.263841, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.140892, "energy": 20.0002, "activity_lines": [ 2.668, 2.690182, 2.682155, 2.69076 ] }, { "date": "2023-10-13", "close": 2.64, "volume": 115944486, "typical_volume": 130256798.35, "trend": 2.715302, "fair_value": 3.152973, "relative_strength": -1.429994, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.85126, "energy": 21.104415, "activity_lines": [ 2.66, 2.674182, 2.679218, 2.685049 ] }, { "date": "2023-10-20", "close": 2.58, "volume": 87396493, "typical_volume": 129093765.8, "trend": 2.700752, "fair_value": 3.154518, "relative_strength": -0.239123, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.812229, "energy": 32.489555, "activity_lines": [ 2.632, 2.651455, 2.670753, 2.67632 ] }, { "date": "2023-10-27", "close": 2.61, "volume": 120796055, "typical_volume": 129250513.0, "trend": 2.69117, "fair_value": 3.156311, "relative_strength": -0.210005, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.764389, "energy": 35.800294, "activity_lines": [ 2.617333, 2.640182, 2.665571, 2.670465 ] }, { "date": "2023-11-03", "close": 2.71, "volume": 213605809, "typical_volume": 133850307.5, "trend": 2.686245, "fair_value": 3.158577, "relative_strength": 3.147217, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.054737, "energy": 21.947281, "activity_lines": [ 2.643333, 2.649818, 2.670477, 2.67168 ] }, { "date": "2023-11-10", "close": 2.67, "volume": 133486620, "typical_volume": 135695702.75, "trend": 2.682301, "fair_value": 3.16053, "relative_strength": 1.37303, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.601357, "energy": 12.916663, "activity_lines": [ 2.654667, 2.652545, 2.671097, 2.670632 ] }, { "date": "2023-11-17", "close": 2.72, "volume": 109642889, "typical_volume": 138399574.0, "trend": 2.678371, "fair_value": 3.16314, "relative_strength": 2.687452, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.28635, "energy": 7.296573, "activity_lines": [ 2.680667, 2.664727, 2.676238, 2.673064 ] }, { "date": "2023-11-24", "close": 2.75, "volume": 91128612, "typical_volume": 139316763.95, "trend": 2.678417, "fair_value": 3.166334, "relative_strength": 4.282201, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.929429, "energy": 16.486159, "activity_lines": [ 2.711333, 2.680909, 2.683381, 2.677685 ] }, { "date": "2023-12-01", "close": 2.74, "volume": 95722980, "typical_volume": 139862236.6, "trend": 2.679453, "fair_value": 3.168848, "relative_strength": 4.214761, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.296258, "energy": 36.637809, "activity_lines": [ 2.727333, 2.693091, 2.688619, 2.681659 ] }, { "date": "2023-12-08", "close": 2.77, "volume": 154882103, "typical_volume": 144045817.0, "trend": 2.679835, "fair_value": 3.171387, "relative_strength": 7.56143, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.246541, "energy": 50.407249, "activity_lines": [ 2.744667, 2.710364, 2.695952, 2.6875 ] }, { "date": "2023-12-15", "close": 2.69, "volume": 142189711, "typical_volume": 148001180.8, "trend": 2.676559, "fair_value": 3.172909, "relative_strength": 5.393131, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.491213, "energy": 41.040626, "activity_lines": [ 2.731333, 2.711636, 2.694762, 2.688156 ] }, { "date": "2023-12-22", "close": 2.67, "volume": 104716037, "typical_volume": 139542653.35, "trend": 2.676254, "fair_value": 3.17408, "relative_strength": 5.570046, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.776516, "energy": 19.250621, "activity_lines": [ 2.71, 2.708364, 2.691143, 2.687733 ] }, { "date": "2023-12-29", "close": 2.72, "volume": 94041099, "typical_volume": 129856989.95, "trend": 2.677946, "fair_value": 3.176018, "relative_strength": 5.372943, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 36.250836, "energy": 15.730522, "activity_lines": [ 2.708667, 2.713636, 2.693238, 2.690555 ] }, { "date": "2024-01-05", "close": 2.81, "volume": 128832249, "typical_volume": 130423371.75, "trend": 2.680654, "fair_value": 3.178478, "relative_strength": 10.420718, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.929714, "energy": 27.141058, "activity_lines": [ 2.739333, 2.732727, 2.70481, 2.699075 ] }, { "date": "2024-01-12", "close": 2.78, "volume": 101904447, "typical_volume": 129617821.15, "trend": 2.686331, "fair_value": 3.180913, "relative_strength": 10.878823, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.454423, "energy": 31.360297, "activity_lines": [ 2.755333, 2.742727, 2.713286, 2.705484 ] }, { "date": "2024-01-19", "close": 2.64, "volume": 148355253, "typical_volume": 130937178.35, "trend": 2.68701, "fair_value": 3.182674, "relative_strength": 7.026498, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 21.199676, "energy": 13.148903, "activity_lines": [ 2.724, 2.726, 2.70819, 2.702495 ] }, { "date": "2024-01-26", "close": 2.79, "volume": 211403535, "typical_volume": 130949555.95, "trend": 2.695336, "fair_value": 3.185677, "relative_strength": 9.846861, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.896943, "energy": 29.046111, "activity_lines": [ 2.746, 2.737091, 2.717619, 2.70914 ] }, { "date": "2024-02-02", "close": 2.55, "volume": 209715456, "typical_volume": 131697563.6, "trend": 2.695331, "fair_value": 3.186973, "relative_strength": 6.917061, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.679967, "energy": 13.039556, "activity_lines": [ 2.68, 2.703273, 2.703476, 2.699763 ] }, { "date": "2024-02-09", "close": 2.76, "volume": 318974946, "typical_volume": 141754807.8, "trend": 2.701333, "fair_value": 3.18984, "relative_strength": 10.073071, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.165584, "energy": 10.856236, "activity_lines": [ 2.695333, 2.711273, 2.709714, 2.703935 ] }, { "date": "2024-02-23", "close": 2.7, "volume": 178429236, "typical_volume": 143061774.6, "trend": 2.705333, "fair_value": 3.192489, "relative_strength": 2.677473, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.25498, "energy": 6.061942, "activity_lines": [ 2.694, 2.708, 2.710048, 2.703849 ] }, { "date": "2024-03-01", "close": 2.63, "volume": 195811724, "typical_volume": 147848987.0, "trend": 2.707, "fair_value": 3.195082, "relative_strength": -0.650819, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -39.267943, "energy": 21.261965, "activity_lines": [ 2.674667, 2.693273, 2.703667, 2.698989 ] }, { "date": "2024-03-08", "close": 2.61, "volume": 182554897, "typical_volume": 151179507.55, "trend": 2.698333, "fair_value": 3.197658, "relative_strength": -1.85826, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -38.492309, "energy": 23.238543, "activity_lines": [ 2.649333, 2.676, 2.695429, 2.692731 ] }, { "date": "2024-03-15", "close": 2.57, "volume": 189938079, "typical_volume": 156306586.85, "trend": 2.687, "fair_value": 3.199698, "relative_strength": -3.43338, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -55.379396, "energy": 40.059579, "activity_lines": [ 2.622667, 2.652545, 2.683524, 2.684452 ] }, { "date": "2024-03-22", "close": 2.5, "volume": 205296217, "typical_volume": 160531594.95, "trend": 2.678333, "fair_value": 3.200729, "relative_strength": -5.610481, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -62.139507, "energy": 54.10548, "activity_lines": [ 2.571333, 2.619091, 2.665, 2.672387 ] }, { "date": "2024-03-29", "close": 2.44, "volume": 199492897, "typical_volume": 159825949.35, "trend": 2.668667, "fair_value": 3.200985, "relative_strength": -7.41028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.847223, "energy": 63.200075, "activity_lines": [ 2.517333, 2.580364, 2.641286, 2.657011 ] }, { "date": "2024-04-05", "close": 2.58, "volume": 190356162, "typical_volume": 162669426.45, "trend": 2.665, "fair_value": 3.201578, "relative_strength": -2.894421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.934773, "energy": 53.464642, "activity_lines": [ 2.527333, 2.573273, 2.63219, 2.65129 ] }, { "date": "2024-04-12", "close": 2.51, "volume": 237947400, "typical_volume": 169084652.0, "trend": 2.660667, "fair_value": 3.200884, "relative_strength": -3.880816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.901556, "energy": 51.537689, "activity_lines": [ 2.517333, 2.554545, 2.616857, 2.64129 ] }, { "date": "2024-04-19", "close": 2.53, "volume": 289571678, "typical_volume": 179006805.3, "trend": 2.657333, "fair_value": 3.200206, "relative_strength": -4.53551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.264619, "energy": 34.543847, "activity_lines": [ 2.520667, 2.544545, 2.604429, 2.63286 ] }, { "date": "2024-04-26", "close": 2.41, "volume": 264106296, "typical_volume": 187425971.1, "trend": 2.647, "fair_value": 3.198815, "relative_strength": -9.611219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.573514, "energy": 36.55986, "activity_lines": [ 2.486667, 2.513091, 2.581619, 2.616903 ] }, { "date": "2024-05-03", "close": 2.37, "volume": 106108158, "typical_volume": 184987273.85, "trend": 2.636333, "fair_value": 3.196272, "relative_strength": -11.438269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.117307, "energy": 54.224056, "activity_lines": [ 2.445333, 2.480727, 2.556571, 2.599032 ] }, { "date": "2024-05-10", "close": 2.37, "volume": 185691253, "typical_volume": 187162350.95, "trend": 2.627333, "fair_value": 3.19233, "relative_strength": -12.70985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.401911, "energy": 64.764327, "activity_lines": [ 2.408667, 2.454364, 2.533429, 2.581849 ] }, { "date": "2024-05-17", "close": 2.4, "volume": 193134772, "typical_volume": 191583287.7, "trend": 2.619333, "fair_value": 3.187406, "relative_strength": -11.459066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.34602, "energy": 71.40954, "activity_lines": [ 2.396, 2.438182, 2.514667, 2.567183 ] }, { "date": "2024-05-24", "close": 2.32, "volume": 182968621, "typical_volume": 196029663.8, "trend": 2.610667, "fair_value": 3.180066, "relative_strength": -12.407105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.501568, "energy": 76.298106, "activity_lines": [ 2.364, 2.411273, 2.489571, 2.547871 ] }, { "date": "2024-05-31", "close": 2.29, "volume": 138494753, "typical_volume": 196512789.0, "trend": 2.6, "fair_value": 3.17108, "relative_strength": -13.338167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.710225, "energy": 77.392802, "activity_lines": [ 2.336, 2.383455, 2.463524, 2.527183 ] }, { "date": "2024-06-07", "close": 2.19, "volume": 200515558, "typical_volume": 201443344.55, "trend": 2.582667, "fair_value": 3.159719, "relative_strength": -15.943698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.489977, "energy": 81.220273, "activity_lines": [ 2.282667, 2.341273, 2.430429, 2.500731 ] }, { "date": "2024-06-14", "close": 2.14, "volume": 115398562, "typical_volume": 199795510.0, "trend": 2.565, "fair_value": 3.149547, "relative_strength": -17.097979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.80825, "energy": 86.102725, "activity_lines": [ 2.224667, 2.294545, 2.395381, 2.472172 ] }, { "date": "2024-06-21", "close": 2.08, "volume": 112249709, "typical_volume": 194837818.7, "trend": 2.543667, "fair_value": 3.141285, "relative_strength": -18.285085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.894912, "energy": 91.115859, "activity_lines": [ 2.162, 2.244909, 2.357, 2.440882 ] }, { "date": "2024-06-28", "close": 2.02, "volume": 128873710, "typical_volume": 190795731.4, "trend": 2.519333, "fair_value": 3.133309, "relative_strength": -19.60257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.893658, "energy": 93.147048, "activity_lines": [ 2.100667, 2.192182, 2.316286, 2.407097 ] }, { "date": "2024-07-05", "close": 2.04, "volume": 106219768, "typical_volume": 180157972.5, "trend": 2.496, "fair_value": 3.126077, "relative_strength": -18.134568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.088545, "energy": 89.814757, "activity_lines": [ 2.066, 2.152364, 2.28, 2.376172 ] }, { "date": "2024-07-12", "close": 2.02, "volume": 129299175, "typical_volume": 177701469.45, "trend": 2.471, "fair_value": 3.117431, "relative_strength": -19.305814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.096145, "energy": 88.555455, "activity_lines": [ 2.041333, 2.115636, 2.245238, 2.345462 ] }, { "date": "2024-07-19", "close": 1.98, "volume": 103437071, "typical_volume": 173082736.8, "trend": 2.447333, "fair_value": 3.10987, "relative_strength": -20.937464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.510003, "energy": 88.022931, "activity_lines": [ 2.014667, 2.078, 2.209905, 2.313785 ] }, { "date": "2024-07-26", "close": 1.92, "volume": 164307308, "typical_volume": 172170357.35, "trend": 2.422333, "fair_value": 3.10075, "relative_strength": -20.667943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.574371, "energy": 89.686982, "activity_lines": [ 1.978667, 2.036545, 2.171952, 2.279763 ] }, { "date": "2024-08-02", "close": 2.02, "volume": 132008947, "typical_volume": 169273900.75, "trend": 2.399, "fair_value": 3.090816, "relative_strength": -16.722924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.306746, "energy": 66.023742, "activity_lines": [ 1.986667, 2.022, 2.14681, 2.253806 ] }, { "date": "2024-08-09", "close": 1.99, "volume": 91908232, "typical_volume": 163604501.5, "trend": 2.371667, "fair_value": 3.080522, "relative_strength": -16.374773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.383593, "energy": 64.301659, "activity_lines": [ 1.984667, 2.007455, 2.121429, 2.227419 ] }, { "date": "2024-08-16", "close": 1.92, "volume": 85945354, "typical_volume": 157927124.35, "trend": 2.343, "fair_value": 3.067542, "relative_strength": -19.392468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.450535, "energy": 67.245952, "activity_lines": [ 1.962667, 1.985636, 2.09181, 2.19828 ] }, { "date": "2024-08-23", "close": 1.84, "volume": 77832006, "typical_volume": 152300916.55, "trend": 2.316333, "fair_value": 3.051643, "relative_strength": -21.670817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.633456, "energy": 69.469705, "activity_lines": [ 1.920667, 1.954182, 2.057048, 2.165828 ] }, { "date": "2024-08-30", "close": 1.88, "volume": 87410752, "typical_volume": 144774084.15, "trend": 2.286, "fair_value": 3.035137, "relative_strength": -19.229033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.424412, "energy": 65.901498, "activity_lines": [ 1.901333, 1.935455, 2.029619, 2.137677 ] }, { "date": "2024-09-06", "close": 1.81, "volume": 96344749, "typical_volume": 135112737.7, "trend": 2.261333, "fair_value": 3.021177, "relative_strength": -19.666577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.999239, "energy": 78.637281, "activity_lines": [ 1.861333, 1.907636, 1.998524, 2.106968 ] }, { "date": "2024-09-13", "close": 1.81, "volume": 93139828, "typical_volume": 126564414.3, "trend": 2.229667, "fair_value": 3.003013, "relative_strength": -17.495715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.309941, "energy": 79.37989, "activity_lines": [ 1.835333, 1.883636, 1.970857, 2.077849 ] }, { "date": "2024-09-20", "close": 1.83, "volume": 74128210, "typical_volume": 124965416.9, "trend": 2.200667, "fair_value": 2.985669, "relative_strength": -17.23781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.804551, "energy": 65.2361, "activity_lines": [ 1.828, 1.867455, 1.947952, 2.052065 ] }, { "date": "2024-09-27", "close": 2.18, "volume": 320188595, "typical_volume": 131690284.0, "trend": 2.185667, "fair_value": 2.966596, "relative_strength": -12.260585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.050604, "energy": 26.178567, "activity_lines": [ 1.943333, 1.918364, 1.960952, 2.050731 ] }, { "date": "2024-10-04", "close": 2.38, "volume": 142441582, "typical_volume": 129155624.5, "trend": 2.178, "fair_value": 2.94679, "relative_strength": -11.049681, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 19.526301, "energy": 29.402564, "activity_lines": [ 2.102667, 2.002, 1.993905, 2.063269 ] }, { "date": "2024-10-11", "close": 2.22, "volume": 411028484, "typical_volume": 140558617.65, "trend": 2.166333, "fair_value": 2.923482, "relative_strength": -13.638379, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.383003, "energy": 37.932376, "activity_lines": [ 2.175333, 2.048182, 2.011714, 2.065978 ] }, { "date": "2024-10-18", "close": 2.22, "volume": 226689123, "typical_volume": 144968336.15, "trend": 2.157, "fair_value": 2.903571, "relative_strength": -14.439936, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.007348, "energy": 40.653544, "activity_lines": [ 2.220667, 2.090727, 2.03, 2.069441 ] }, { "date": "2024-10-25", "close": 2.24, "volume": 172688314, "typical_volume": 143576973.95, "trend": 2.150333, "fair_value": 2.885919, "relative_strength": -14.281426, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.170708, "energy": 46.898307, "activity_lines": [ 2.245333, 2.132727, 2.050524, 2.074796 ] }, { "date": "2024-11-01", "close": 2.37, "volume": 390013372, "typical_volume": 157307714.45, "trend": 2.143333, "fair_value": 2.872612, "relative_strength": -8.226073, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.164874, "energy": 57.376609, "activity_lines": [ 2.286, 2.192545, 2.08319, 2.088968 ] }, { "date": "2024-11-08", "close": 2.46, "volume": 368144539, "typical_volume": 170102455.95, "trend": 2.141667, "fair_value": 2.859939, "relative_strength": -9.314293, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.780455, "energy": 60.386965, "activity_lines": [ 2.344, 2.259091, 2.123333, 2.109398 ] }, { "date": "2024-11-15", "close": 2.3, "volume": 246246030, "typical_volume": 175971071.95, "trend": 2.134, "fair_value": 2.848083, "relative_strength": -11.71149, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.208576, "energy": 41.408111, "activity_lines": [ 2.343333, 2.286, 2.146429, 2.119613 ] }, { "date": "2024-11-22", "close": 2.32, "volume": 238730657, "typical_volume": 182596616.4, "trend": 2.131, "fair_value": 2.836183, "relative_strength": -8.807392, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.257625, "energy": 46.810014, "activity_lines": [ 2.344, 2.307636, 2.170095, 2.131613 ] }, { "date": "2024-11-29", "close": 2.35, "volume": 181668996, "typical_volume": 185215107.45, "trend": 2.130333, "fair_value": 2.826836, "relative_strength": -8.828364, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.390499, "energy": 43.844313, "activity_lines": [ 2.348, 2.325455, 2.195286, 2.145742 ] }, { "date": "2024-12-06", "close": 2.81, "volume": 1304694708, "typical_volume": 245277989.3, "trend": 2.145, "fair_value": 2.82274, "relative_strength": 6.739647, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.734897, "energy": 59.240756, "activity_lines": [ 2.498, 2.417455, 2.262714, 2.189591 ] }, { "date": "2024-12-13", "close": 2.65, "volume": 866422349, "typical_volume": 280383741.35, "trend": 2.153333, "fair_value": 2.818022, "relative_strength": 1.406025, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.443525, "energy": 63.04984, "activity_lines": [ 2.565333, 2.468909, 2.310952, 2.222172 ] }, { "date": "2024-12-20", "close": 3.1, "volume": 1485517335, "typical_volume": 348059160.75, "trend": 2.179333, "fair_value": 2.816706, "relative_strength": 19.445883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.342103, "energy": 82.871801, "activity_lines": [ 2.77, 2.597273, 2.398571, 2.283247 ] }, { "date": "2024-12-27", "close": 3.16, "volume": 938473813, "typical_volume": 390387439.8, "trend": 2.208333, "fair_value": 2.815487, "relative_strength": 20.569047, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.674942, "energy": 90.190936, "activity_lines": [ 2.941333, 2.720545, 2.486762, 2.346516 ] }, { "date": "2025-01-03", "close": 2.85, "volume": 495203797, "typical_volume": 410850361.95, "trend": 2.230333, "fair_value": 2.812512, "relative_strength": 15.20816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.173783, "energy": 77.15578, "activity_lines": [ 2.953333, 2.770364, 2.539857, 2.387914 ] }, { "date": "2025-01-10", "close": 3.23, "volume": 1011828251, "typical_volume": 457550174.2, "trend": 2.266667, "fair_value": 2.811051, "relative_strength": 32.139102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.211488, "energy": 83.300595, "activity_lines": [ 3.058667, 2.878182, 2.624714, 2.452409 ] }, { "date": "2025-01-17", "close": 3.39, "volume": 650252816, "typical_volume": 485692277.4, "trend": 2.310333, "fair_value": 2.810097, "relative_strength": 35.275597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.874192, "energy": 77.657462, "activity_lines": [ 3.189333, 2.999455, 2.71819, 2.524882 ] }, { "date": "2025-01-24", "close": 3.29, "volume": 454251339, "typical_volume": 503587606.9, "trend": 2.352667, "fair_value": 2.809481, "relative_strength": 30.591165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.222548, "energy": 61.050243, "activity_lines": [ 3.237333, 3.085636, 2.794952, 2.588086 ] }, { "date": "2025-01-31", "close": 3.29, "volume": 100171194, "typical_volume": 503939175.2, "trend": 2.394333, "fair_value": 2.809326, "relative_strength": 30.499393, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.069981, "energy": 60.704523, "activity_lines": [ 3.272667, 3.153818, 2.864667, 2.648559 ] }, { "date": "2025-02-07", "close": 3.26, "volume": 325477532, "typical_volume": 516506641.3, "trend": 2.435667, "fair_value": 2.806791, "relative_strength": 27.06611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.665561, "energy": 57.284926, "activity_lines": [ 3.289333, 3.198909, 2.924476, 2.704409 ] }, { "date": "2025-02-14", "close": 3.09, "volume": 594350428, "typical_volume": 530214732.95, "trend": 2.472667, "fair_value": 2.803569, "relative_strength": 19.00761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.091442, "energy": 46.908708, "activity_lines": [ 3.222, 3.196545, 2.961286, 2.746624 ] }, { "date": "2025-02-21", "close": 3.17, "volume": 527408975, "typical_volume": 549463102.6, "trend": 2.514333, "fair_value": 2.798039, "relative_strength": 20.799979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.973655, "energy": 36.64018, "activity_lines": [ 3.190667, 3.203636, 3.001381, 2.791613 ] }, { "date": "2025-02-28", "close": 3.25, "volume": 589970198, "typical_volume": 558410188.3, "trend": 2.555333, "fair_value": 2.796072, "relative_strength": 25.677903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.935162, "energy": 32.623033, "activity_lines": [ 3.200667, 3.215818, 3.045333, 2.839075 ] }, { "date": "2025-03-07", "close": 3.45, "volume": 815570601, "typical_volume": 587854262.2, "trend": 2.604, "fair_value": 2.793143, "relative_strength": 30.83208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.058736, "energy": 41.543079, "activity_lines": [ 3.28, 3.261636, 3.103429, 2.896796 ] }, { "date": "2025-03-14", "close": 3.3, "volume": 383837610, "typical_volume": 598411727.0, "trend": 2.65, "fair_value": 2.788849, "relative_strength": 23.048766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.455677, "energy": 39.379276, "activity_lines": [ 3.298667, 3.274909, 3.141381, 2.941699 ] }, { "date": "2025-03-21", "close": 3.17, "volume": 338026312, "typical_volume": 595812374.0, "trend": 2.694333, "fair_value": 2.784988, "relative_strength": 19.766027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.651282, "energy": 38.463843, "activity_lines": [ 3.271333, 3.256364, 3.161905, 2.975247 ] }, { "date": "2025-03-28", "close": 3.19, "volume": 389554888, "typical_volume": 596882891.45, "trend": 2.738, "fair_value": 2.779068, "relative_strength": 20.567222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.833874, "energy": 35.325471, "activity_lines": [ 3.245333, 3.242545, 3.180524, 3.007226 ] }, { "date": "2025-04-04", "close": 3.17, "volume": 216038739, "typical_volume": 595372526.9, "trend": 2.783333, "fair_value": 2.77348, "relative_strength": 19.829594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.352371, "energy": 23.800949, "activity_lines": [ 3.211333, 3.228727, 3.193762, 3.035097 ] }, { "date": "2025-04-11", "close": 2.98, "volume": 428097575, "typical_volume": 604840872.8, "trend": 2.822333, "fair_value": 2.76961, "relative_strength": 16.00679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.879381, "energy": 12.914672, "activity_lines": [ 3.119333, 3.182545, 3.184762, 3.047785 ] }, { "date": "2025-04-18", "close": 3.03, "volume": 318954103, "typical_volume": 611705128.15, "trend": 2.862333, "fair_value": 2.766695, "relative_strength": 16.287214, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.359364, "energy": 13.668333, "activity_lines": [ 3.075333, 3.151091, 3.177381, 3.061183 ] }, { "date": "2025-04-25", "close": 2.97, "volume": 195117423, "typical_volume": 556226263.9, "trend": 2.888667, "fair_value": 2.762703, "relative_strength": 13.019499, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.905749, "energy": 13.865968, "activity_lines": [ 3.029333, 3.112909, 3.161048, 3.068129 ] }, { "date": "2025-05-02", "close": 3.06, "volume": 165107108, "typical_volume": 521160501.85, "trend": 2.911333, "fair_value": 2.75618, "relative_strength": 16.536193, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.589425, "energy": 15.682254, "activity_lines": [ 3.026667, 3.093273, 3.152524, 3.079183 ] }, { "date": "2025-05-09", "close": 3.01, "volume": 187789346, "typical_volume": 456274102.4, "trend": 2.937667, "fair_value": 2.748703, "relative_strength": 12.07019, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.766916, "energy": 12.629759, "activity_lines": [ 3.016, 3.066545, 3.137286, 3.085548 ] }, { "date": "2025-05-16", "close": 2.95, "volume": 180491818, "typical_volume": 418375002.65, "trend": 2.962, "fair_value": 2.743317, "relative_strength": 8.706312, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.9913, "energy": 17.552518, "activity_lines": [ 2.996, 3.033273, 3.116762, 3.086344 ] }, { "date": "2025-05-23", "close": 3.47, "volume": 573885322, "typical_volume": 422309078.9, "trend": 3.003, "fair_value": 2.742818, "relative_strength": 27.727689, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.190781, "energy": 23.122704, "activity_lines": [ 3.151333, 3.103636, 3.146762, 3.119118 ] }, { "date": "2025-05-30", "close": 3.42, "volume": 474243813, "typical_volume": 395429857.0, "trend": 3.038, "fair_value": 2.742863, "relative_strength": 25.090943, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.18139, "energy": 33.372384, "activity_lines": [ 3.260667, 3.161818, 3.169048, 3.146022 ] }, { "date": "2025-06-06", "close": 3.42, "volume": 385564533, "typical_volume": 382195442.85, "trend": 3.07, "fair_value": 2.742332, "relative_strength": 22.845531, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.7287, "energy": 54.356009, "activity_lines": [ 3.34, 3.215455, 3.190429, 3.170667 ] }, { "date": "2025-06-13", "close": 3.38, "volume": 395225448, "typical_volume": 379244148.3, "trend": 3.106, "fair_value": 2.741315, "relative_strength": 20.874848, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.404788, "energy": 58.707422, "activity_lines": [ 3.382, 3.257636, 3.207857, 3.190667 ] }, { "date": "2025-06-20", "close": 3.49, "volume": 491854170, "typical_volume": 398828297.1, "trend": 3.145, "fair_value": 2.741117, "relative_strength": 24.446885, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.825299, "energy": 67.201698, "activity_lines": [ 3.436, 3.316, 3.235333, 3.215441 ] }, { "date": "2025-06-27", "close": 3.55, "volume": 479919827, "typical_volume": 406550411.85, "trend": 3.185, "fair_value": 2.740556, "relative_strength": 23.19766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.894488, "energy": 63.617586, "activity_lines": [ 3.474, 3.376, 3.267571, 3.24157 ] }, { "date": "2025-07-04", "close": 3.42, "volume": 434718304, "typical_volume": 398568805.65, "trend": 3.205333, "fair_value": 2.73945, "relative_strength": 16.262868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.331803, "energy": 44.249449, "activity_lines": [ 3.463333, 3.402909, 3.286048, 3.256731 ] }, { "date": "2025-07-11", "close": 3.42, "volume": 345485793, "typical_volume": 389472646.55, "trend": 3.231, "fair_value": 2.739149, "relative_strength": 14.245269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.162156, "energy": 39.909768, "activity_lines": [ 3.452667, 3.421636, 3.302952, 3.270581 ] }, { "date": "2025-07-18", "close": 3.32, "volume": 332769592, "typical_volume": 376612616.25, "trend": 3.238333, "fair_value": 2.738322, "relative_strength": 9.462314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.667061, "energy": 27.356252, "activity_lines": [ 3.408667, 3.415636, 3.309143, 3.276323 ] }, { "date": "2025-07-25", "close": 3.42, "volume": 514707770, "typical_volume": 361569474.7, "trend": 3.247, "fair_value": 2.73831, "relative_strength": 10.192679, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.651845, "energy": 21.536622, "activity_lines": [ 3.402, 3.422182, 3.324524, 3.288043 ] }, { "date": "2025-08-01", "close": 3.43, "volume": 720094152, "typical_volume": 378382301.8, "trend": 3.266333, "fair_value": 2.738534, "relative_strength": 10.898812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.769329, "energy": 19.502309, "activity_lines": [ 3.403333, 3.422, 3.341, 3.299849 ] }, { "date": "2025-08-08", "close": 4.14, "volume": 1442728127, "typical_volume": 433617392.55, "trend": 3.296667, "fair_value": 2.744749, "relative_strength": 29.811711, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.305789, "energy": 53.968226, "activity_lines": [ 3.649333, 3.551636, 3.424476, 3.356215 ] }, { "date": "2025-08-15", "close": 3.9, "volume": 722989524, "typical_volume": 450289124.35, "trend": 3.313667, "fair_value": 2.749203, "relative_strength": 19.232783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.368367, "energy": 66.514085, "activity_lines": [ 3.767333, 3.624545, 3.480476, 3.39514 ] }, { "date": "2025-08-22", "close": 3.72, "volume": 511691827, "typical_volume": 465071778.75, "trend": 3.328, "fair_value": 2.75314, "relative_strength": 9.118003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.130868, "energy": 68.049381, "activity_lines": [ 3.793333, 3.656, 3.515952, 3.421355 ] }, { "date": "2025-08-29", "close": 3.64, "volume": 574938259, "typical_volume": 472413812.95, "trend": 3.339667, "fair_value": 2.757264, "relative_strength": 5.240506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.000809, "energy": 64.420954, "activity_lines": [ 3.766, 3.666727, 3.54119, 3.441484 ] }, { "date": "2025-09-05", "close": 3.58, "volume": 408163389, "typical_volume": 476874277.25, "trend": 3.350333, "fair_value": 2.760495, "relative_strength": 4.103184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.293432, "energy": 35.057199, "activity_lines": [ 3.704, 3.663818, 3.557571, 3.456989 ] }, { "date": "2025-09-12", "close": 3.68, "volume": 410042988, "typical_volume": 487620555.5, "trend": 3.37, "fair_value": 2.764748, "relative_strength": 4.776629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.125294, "energy": 23.001308, "activity_lines": [ 3.665333, 3.678545, 3.580857, 3.478258 ] }, { "date": "2025-09-19", "close": 3.72, "volume": 474139019, "typical_volume": 503072151.05, "trend": 3.388333, "fair_value": 2.769511, "relative_strength": 6.626378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.973625, "energy": 22.086745, "activity_lines": [ 3.670667, 3.695818, 3.604571, 3.500839 ] }, { "date": "2025-09-26", "close": 3.63, "volume": 621171129, "typical_volume": 524741240.2, "trend": 3.401, "fair_value": 2.77408, "relative_strength": 3.302013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.362305, "energy": 19.324242, "activity_lines": [ 3.658, 3.691273, 3.616571, 3.51643 ] }, { "date": "2025-10-03", "close": 4.0, "volume": 410662154, "typical_volume": 536249757.0, "trend": 3.419333, "fair_value": 2.780321, "relative_strength": 11.488525, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.454648, "energy": 37.072855, "activity_lines": [ 3.774667, 3.748364, 3.660857, 3.555075 ] }, { "date": "2025-10-10", "close": 4.13, "volume": 260944128, "typical_volume": 520602697.3, "trend": 3.447, "fair_value": 2.788603, "relative_strength": 13.814876, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.663999, "energy": 57.514849, "activity_lines": [ 3.910667, 3.818545, 3.712524, 3.600925 ] }, { "date": "2025-10-17", "close": 3.98, "volume": 576840859, "typical_volume": 525732549.6, "trend": 3.474, "fair_value": 2.796052, "relative_strength": 10.504973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.030711, "energy": 54.578902, "activity_lines": [ 3.96, 3.848727, 3.746762, 3.635312 ] }, { "date": "2025-10-24", "close": 3.92, "volume": 332040409, "typical_volume": 523056343.4, "trend": 3.498333, "fair_value": 2.804069, "relative_strength": 5.117413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.501631, "energy": 54.947736, "activity_lines": [ 3.969333, 3.870909, 3.772619, 3.664086 ] }, { "date": "2025-10-31", "close": 4.06, "volume": 416950851, "typical_volume": 524142613.55, "trend": 3.528, "fair_value": 2.812794, "relative_strength": 8.08278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.876634, "energy": 53.687184, "activity_lines": [ 4.012, 3.918182, 3.809429, 3.700323 ] }, { "date": "2025-11-07", "close": 4.2, "volume": 605683226, "typical_volume": 529834066.35, "trend": 3.568667, "fair_value": 2.822479, "relative_strength": 9.86165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.311858, "energy": 59.817434, "activity_lines": [ 4.072667, 3.984727, 3.856333, 3.743677 ] }, { "date": "2025-11-14", "close": 4.32, "volume": 803769842, "typical_volume": 546026567.1, "trend": 3.611667, "fair_value": 2.83357, "relative_strength": 12.315168, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.55928, "energy": 65.92593, "activity_lines": [ 4.16, 4.062909, 3.911286, 3.792151 ] }, { "date": "2025-11-21", "close": 3.79, "volume": 401832176, "typical_volume": 544382260.7, "trend": 3.639, "fair_value": 2.840882, "relative_strength": 1.967868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.677431, "energy": 37.748742, "activity_lines": [ 4.058, 4.031273, 3.912095, 3.803656 ] }, { "date": "2025-11-28", "close": 3.91, "volume": 230527551, "typical_volume": 538634348.6, "trend": 3.667333, "fair_value": 2.848008, "relative_strength": 3.131615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.077341, "energy": 28.127532, "activity_lines": [ 4.008667, 4.019455, 3.922571, 3.82114 ] }, { "date": "2025-12-05", "close": 3.86, "volume": 226732674, "typical_volume": 533332502.7, "trend": 3.695667, "fair_value": 2.854878, "relative_strength": 1.115849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.279444, "energy": 18.091394, "activity_lines": [ 3.943333, 3.995091, 3.925952, 3.83357 ] }, { "date": "2025-12-12", "close": 3.76, "volume": 218728412, "typical_volume": 518533534.8, "trend": 3.722667, "fair_value": 2.860407, "relative_strength": -1.521902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.053173, "energy": 18.481787, "activity_lines": [ 3.858, 3.948364, 3.917238, 3.83772 ] }, { "date": "2025-12-19", "close": 3.82, "volume": 245624277, "typical_volume": 494810041.05, "trend": 3.734333, "fair_value": 2.866576, "relative_strength": -0.099108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.981425, "energy": 17.406946, "activity_lines": [ 3.822, 3.916909, 3.912619, 3.844 ] }, { "date": "2025-12-26", "close": 4.22, "volume": 540504100, "typical_volume": 449698839.7, "trend": 3.761, "fair_value": 2.875117, "relative_strength": 8.036738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.421747, "energy": 18.984025, "activity_lines": [ 3.952667, 3.963818, 3.944238, 3.875333 ] }, { "date": "2026-01-02", "close": 4.22, "volume": 230880863, "typical_volume": 425093406.65, "trend": 3.787667, "fair_value": 2.883595, "relative_strength": 7.527302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.796732, "energy": 31.307104, "activity_lines": [ 4.054667, 4.006364, 3.975476, 3.904946 ] }, { "date": "2026-01-09", "close": 4.13, "volume": 353893876, "typical_volume": 417203509.1, "trend": 3.812667, "fair_value": 2.89245, "relative_strength": 1.396303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.58849, "energy": 46.377108, "activity_lines": [ 4.106, 4.027091, 3.996619, 3.927032 ] }, { "date": "2026-01-16", "close": 3.98, "volume": 548215248, "typical_volume": 415867358.55, "trend": 3.829, "fair_value": 2.900089, "relative_strength": -1.701126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.49619, "energy": 46.231549, "activity_lines": [ 4.089333, 4.019273, 4.001524, 3.937828 ] }, { "date": "2026-01-23", "close": 4.42, "volume": 605804502, "typical_volume": 425749414.2, "trend": 3.858, "fair_value": 2.910549, "relative_strength": 8.141725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.988742, "energy": 60.456513, "activity_lines": [ 4.204667, 4.095455, 4.046714, 3.975957 ] }, { "date": "2026-01-30", "close": 4.19, "volume": 513697441, "typical_volume": 430932136.85, "trend": 3.883667, "fair_value": 2.919725, "relative_strength": 2.957143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.540411, "energy": 41.056678, "activity_lines": [ 4.203333, 4.128, 4.066, 3.997376 ] }, { "date": "2026-02-06", "close": 3.99, "volume": 520935601, "typical_volume": 433271965.95, "trend": 3.902667, "fair_value": 2.926665, "relative_strength": -0.684092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.545768, "energy": 25.720537, "activity_lines": [ 4.137333, 4.116909, 4.06381, 4.004237 ] }, { "date": "2026-02-13", "close": 3.94, "volume": 246627072, "typical_volume": 414544763.1, "trend": 3.923333, "fair_value": 2.93322, "relative_strength": -2.404413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.881201, "energy": 16.58863, "activity_lines": [ 4.07, 4.095273, 4.055571, 4.006645 ] }, { "date": "2026-02-27", "close": 4.16, "volume": 390574554, "typical_volume": 413540383.1, "trend": 3.948, "fair_value": 2.941314, "relative_strength": 0.924736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.427551, "energy": 15.896338, "activity_lines": [ 4.088667, 4.112182, 4.06681, 4.021914 ] }, { "date": "2026-03-06", "close": 4.17, "volume": 465886066, "typical_volume": 423787480.0, "trend": 3.972667, "fair_value": 2.949471, "relative_strength": 2.052015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.099161, "energy": 16.676257, "activity_lines": [ 4.098667, 4.123636, 4.078238, 4.036237 ] }, { "date": "2026-03-13", "close": 4.23, "volume": 344932961, "typical_volume": 412192085.1, "trend": 3.975667, "fair_value": 2.957059, "relative_strength": 4.226993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.216274, "energy": 23.459175, "activity_lines": [ 4.145333, 4.139636, 4.09519, 4.052839 ] }, { "date": "2026-03-20", "close": 3.7, "volume": 393386116, "typical_volume": 415259370.45, "trend": 3.969, "fair_value": 2.960804, "relative_strength": -5.588695, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.66216, "energy": 4.128565, "activity_lines": [ 4.012667, 4.059091, 4.060476, 4.035054 ] }, { "date": "2026-03-27", "close": 3.75, "volume": 326039265, "typical_volume": 410713791.15, "trend": 3.97, "fair_value": 2.965379, "relative_strength": -3.283691, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.340659, "energy": 18.725642, "activity_lines": [ 3.916, 3.997091, 4.031571, 4.020925 ] }, { "date": "2026-04-03", "close": 3.7, "volume": 227477349, "typical_volume": 391803497.3, "trend": 3.972, "fair_value": 2.96976, "relative_strength": -3.749426, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.31051, "energy": 41.275803, "activity_lines": [ 3.815333, 3.932909, 3.999381, 4.003505 ] }, { "date": "2026-04-10", "close": 4.08, "volume": 285382426, "typical_volume": 365884126.5, "trend": 3.988667, "fair_value": 2.97734, "relative_strength": 3.159872, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.292618, "energy": 25.898926, "activity_lines": [ 3.872, 3.942909, 4.005762, 4.010473 ] }, { "date": "2026-04-17", "close": 4.01, "volume": 249886608, "typical_volume": 358286848.1, "trend": 3.999667, "fair_value": 2.984727, "relative_strength": -0.375943, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.790238, "energy": 21.826389, "activity_lines": [ 3.911333, 3.946364, 4.006619, 4.011849 ] }, { "date": "2026-04-24", "close": 3.94, "volume": 302676099, "typical_volume": 361894275.5, "trend": 4.007, "fair_value": 2.992109, "relative_strength": -2.875279, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.150432, "energy": 6.321757, "activity_lines": [ 3.942, 3.940364, 3.999762, 4.008 ] }, { "date": "2026-05-01", "close": 3.87, "volume": 166642521, "typical_volume": 358889767.85, "trend": 4.015, "fair_value": 2.998725, "relative_strength": -5.421972, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.727989, "energy": 17.583666, "activity_lines": [ 3.933333, 3.922545, 3.986095, 3.999161 ] }, { "date": "2026-05-08", "close": 3.78, "volume": 200872272, "typical_volume": 357996960.85, "trend": 4.007667, "fair_value": 3.005337, "relative_strength": -9.06897, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.989558, "energy": 24.942534, "activity_lines": [ 3.886667, 3.889636, 3.96381, 3.984 ] }, { "date": "2026-05-15", "close": 3.46, "volume": 418231677, "typical_volume": 366627330.85, "trend": 3.985333, "fair_value": 3.010151, "relative_strength": -15.765684, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.653154, "energy": 58.026924, "activity_lines": [ 3.728, 3.805455, 3.910952, 3.948667 ] }, { "date": "2026-05-22", "close": 3.12, "volume": 417920028, "typical_volume": 360498127.25, "trend": 3.956667, "fair_value": 3.012468, "relative_strength": -23.453646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.248711, "energy": 78.962635, "activity_lines": [ 3.497333, 3.672364, 3.827429, 3.892839 ] }, { "date": "2026-05-29", "close": 2.95, "volume": 283864330, "typical_volume": 363147300.6, "trend": 3.924333, "fair_value": 3.013505, "relative_strength": -26.391271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.531153, "energy": 88.224044, "activity_lines": [ 3.269333, 3.528545, 3.732952, 3.827892 ] }, { "date": "2026-06-05", "close": 2.84, "volume": 54285414, "typical_volume": 348166877.5, "trend": 3.883667, "fair_value": 3.014536, "relative_strength": -27.972456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.076614, "energy": 93.172924, "activity_lines": [ 3.070667, 3.378364, 3.634048, 3.757935 ] }, { "date": "2026-06-12", "close": 2.83, "volume": 67786300, "typical_volume": 324145430.1, "trend": 3.838, "fair_value": 3.015567, "relative_strength": -27.856439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.797669, "energy": 91.344034, "activity_lines": [ 2.937333, 3.242909, 3.540333, 3.689957 ] }, { "date": "2026-06-19", "close": 2.74, "volume": 226682959, "typical_volume": 305189352.95, "trend": 3.785333, "fair_value": 3.015639, "relative_strength": -30.704315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.827291, "energy": 91.419037, "activity_lines": [ 2.837333, 3.106909, 3.443524, 3.619118 ] }, { "date": "2026-06-26", "close": 2.51, "volume": 54437085, "typical_volume": 282226335.15, "trend": 3.742667, "fair_value": 3.015, "relative_strength": -34.987316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.765106, "energy": 94.145541, "activity_lines": [ 2.708667, 2.953455, 3.33281, 3.536839 ] }, { "date": "2026-07-03", "close": 2.54, "volume": 71279763, "typical_volume": 259743543.25, "trend": 3.697, "fair_value": 3.014489, "relative_strength": -33.935264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.930782, "energy": 90.927527, "activity_lines": [ 2.630667, 2.832727, 3.232952, 3.459247 ] }, { "date": "2026-07-10", "close": 2.45, "volume": 304876867, "typical_volume": 262656033.0, "trend": 3.65, "fair_value": 3.013911, "relative_strength": -35.03037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.544713, "energy": 91.569981, "activity_lines": [ 2.55, 2.721091, 3.131429, 3.378796 ] }, { "date": "2026-07-17", "close": 2.43, "volume": 409628554, "typical_volume": 263608733.0, "trend": 3.605667, "fair_value": 3.013141, "relative_strength": -31.127548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.359965, "energy": 86.970878, "activity_lines": [ 2.488667, 2.631636, 3.035095, 3.300086 ] }, { "date": "2026-07-24", "close": 2.47, "volume": 422202066, "typical_volume": 261424533.0, "trend": 3.560667, "fair_value": 3.012436, "relative_strength": -30.496331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.872968, "energy": 74.057041, "activity_lines": [ 2.467333, 2.574, 2.95081, 3.226817 ] }, { "date": "2026-07-31", "close": 2.62, "volume": 426648521, "typical_volume": 265510311.0, "trend": 3.507333, "fair_value": 3.012692, "relative_strength": -26.214815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.700199, "energy": 64.831573, "activity_lines": [ 2.514, 2.561636, 2.888905, 3.166129 ] }, { "date": "2026-08-07", "close": 2.58, "volume": 313380831, "typical_volume": 261510046.75, "trend": 3.452667, "fair_value": 3.012692, "relative_strength": -28.873118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.86767, "energy": 60.972719, "activity_lines": [ 2.54, 2.551091, 2.830857, 3.106301 ] } ], "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." } } }