{ "ticker": { "uuid": "005d1a1f-5a00-4393-a800-a94dc02e8389", "symbol": "HTECH", "name": "Halcyon Technology Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.411, "architecture_energy": 82.803, "architecture_maturity": 45.242, "architecture_confidence": 89.5, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 0.35, "rotation_up": 78.36, "upward_expansion": 97.25, "deceleration": 40.0, "rotation_down": 12.96, "downward_expansion": 19.25 }, "activity_lines": [ 3.938667, 3.804364, 3.598, 3.427078 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 4.02, "trend_reference": 3.240569, "distance_from_trend": 0.240523, "trend_direction": "Improving", "fair_value": 2.79505, "distance_from_fair_value": 0.438257, "fair_value_direction": "Improving", "relative_strength": 17.577286, "relative_strength_direction": "Improving", "price_momentum": 0.277807, "excess_performance": 0.085482, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.240523, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.106815, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.438257, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.202244, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.175773, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.118563, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.277807, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 8.18084, "read": "Demand-led" } ], "volume": { "latest": 2892600, "relative_activity": 0.637742, "balance": 8.18084, "dry_up": 0.832018, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.063911, "annualized_volatility": 0.405506, "from_high_reference": -0.042857, "from_low_reference": 0.79554 }, "levels": { "trend_reference": 3.240569, "fair_value_reference": 2.79505, "structural_low": 2.431888, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.046699, "positive_rate": 0.611111, "directional_follow_through": 0.611111, "median_excess_return": 0.00638, "regime_survival": 0.722222, "best_return": 0.201439, "worst_return": -0.199275, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.002856, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.027887, "regime_survival": 0.625, "best_return": 0.45196, "worst_return": -0.257947, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.044391, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.119967, "regime_survival": 0.4, "best_return": 0.495959, "worst_return": -0.449294, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.289142, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.268185, "regime_survival": 0.0, "best_return": 0.002621, "worst_return": -0.434114, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-01-19", "end": "2024-02-23", "tenure": "Developing", "return": -0.040651, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-01", "end": "2024-04-12", "tenure": "Developing", "return": -0.025023, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-04-19", "end": "2024-05-03", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-10", "end": "2024-05-10", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-17", "end": "2024-05-24", "tenure": "New", "return": -0.023622, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2024-11-29", "tenure": "Extended", "return": 0.495959, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.125, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": -0.101695, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-08-01", "tenure": "Established", "return": -0.07743, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-10-17", "tenure": "Developing", "return": -0.11731, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": 0.14876, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-03-13", "tenure": "Established", "return": -0.107595, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.220588, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.288462, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.002813, "volume": 852200, "typical_volume": 1176040.0, "trend": 2.745067, "fair_value": 3.603249, "relative_strength": -31.41471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.847018, "energy": 70.728956, "activity_lines": [ 2.050834, 2.089378, 2.275321, 2.45819 ] }, { "date": "2023-08-25", "close": 2.073087, "volume": 1070900, "typical_volume": 1210490.0, "trend": 2.696785, "fair_value": 3.602534, "relative_strength": -30.252437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.786006, "energy": 64.994868, "activity_lines": [ 2.054347, 2.073407, 2.239212, 2.414837 ] }, { "date": "2023-09-01", "close": 2.201238, "volume": 1862700, "typical_volume": 1288670.0, "trend": 2.643522, "fair_value": 3.601499, "relative_strength": -25.413773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.906828, "energy": 55.85018, "activity_lines": [ 2.101749, 2.08904, 2.219644, 2.382866 ] }, { "date": "2023-09-08", "close": 2.21899, "volume": 763400, "typical_volume": 1238900.0, "trend": 2.592008, "fair_value": 3.60203, "relative_strength": -23.501687, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.741157, "energy": 44.370716, "activity_lines": [ 2.146525, 2.111641, 2.205411, 2.355477 ] }, { "date": "2023-09-15", "close": 2.183487, "volume": 451200, "typical_volume": 1162160.0, "trend": 2.545093, "fair_value": 3.601297, "relative_strength": -23.818561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.141421, "energy": 31.329159, "activity_lines": [ 2.16974, 2.12737, 2.190777, 2.329121 ] }, { "date": "2023-09-22", "close": 2.147982, "volume": 342600, "typical_volume": 1162405.0, "trend": 2.498151, "fair_value": 3.600647, "relative_strength": -23.415546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.841922, "energy": 25.209805, "activity_lines": [ 2.173759, 2.136233, 2.175415, 2.303501 ] }, { "date": "2023-09-29", "close": 2.094727, "volume": 444200, "typical_volume": 1166440.0, "trend": 2.46389, "fair_value": 3.600693, "relative_strength": -22.046471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.727529, "energy": 32.170835, "activity_lines": [ 2.150349, 2.132774, 2.157971, 2.277473 ] }, { "date": "2023-10-06", "close": 2.041471, "volume": 507800, "typical_volume": 1122320.0, "trend": 2.429588, "fair_value": 3.598219, "relative_strength": -21.636139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.229799, "energy": 44.984147, "activity_lines": [ 2.107745, 2.119558, 2.138782, 2.250221 ] }, { "date": "2023-10-13", "close": 2.041471, "volume": 411300, "typical_volume": 1116425.0, "trend": 2.399913, "fair_value": 3.594915, "relative_strength": -21.658929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.97978, "energy": 50.185891, "activity_lines": [ 2.075791, 2.106917, 2.12217, 2.225181 ] }, { "date": "2023-10-20", "close": 1.988215, "volume": 579400, "typical_volume": 1124410.0, "trend": 2.367884, "fair_value": 3.591892, "relative_strength": -20.279827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.720916, "energy": 66.785268, "activity_lines": [ 2.037921, 2.085168, 2.103146, 2.19862 ] }, { "date": "2023-10-27", "close": 1.899456, "volume": 211200, "typical_volume": 1093280.0, "trend": 2.331161, "fair_value": 3.587678, "relative_strength": -22.603345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.675948, "energy": 80.876199, "activity_lines": [ 1.983481, 2.048824, 2.078583, 2.168399 ] }, { "date": "2023-11-03", "close": 2.005967, "volume": 344300, "typical_volume": 1051155.0, "trend": 2.298568, "fair_value": 3.584458, "relative_strength": -19.428423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.32634, "energy": 65.746765, "activity_lines": [ 1.981114, 2.033725, 2.067249, 2.147418 ] }, { "date": "2023-11-10", "close": 1.952711, "volume": 192900, "typical_volume": 1031015.0, "trend": 2.264777, "fair_value": 3.581415, "relative_strength": -19.193363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.21178, "energy": 58.167575, "activity_lines": [ 1.966913, 2.010163, 2.053338, 2.125105 ] }, { "date": "2023-11-17", "close": 1.93496, "volume": 470800, "typical_volume": 970285.0, "trend": 2.234442, "fair_value": 3.577636, "relative_strength": -20.708936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.005664, "energy": 53.908759, "activity_lines": [ 1.952711, 1.987893, 2.039899, 2.103826 ] }, { "date": "2023-11-24", "close": 1.93496, "volume": 290200, "typical_volume": 926195.0, "trend": 2.207585, "fair_value": 3.574376, "relative_strength": -18.99425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.753975, "energy": 50.717291, "activity_lines": [ 1.945611, 1.970786, 2.027704, 2.084505 ] }, { "date": "2023-12-01", "close": 1.899456, "volume": 466200, "typical_volume": 881695.0, "trend": 2.178372, "fair_value": 3.569435, "relative_strength": -18.772212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.303006, "energy": 55.420511, "activity_lines": [ 1.930226, 1.951743, 2.013203, 2.064626 ] }, { "date": "2023-12-08", "close": 1.952711, "volume": 392500, "typical_volume": 578550.0, "trend": 2.150349, "fair_value": 3.565459, "relative_strength": -15.834459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.22953, "energy": 47.124925, "activity_lines": [ 1.932593, 1.946902, 2.004266, 2.050067 ] }, { "date": "2023-12-15", "close": 1.899456, "volume": 341100, "typical_volume": 552840.0, "trend": 2.127579, "fair_value": 3.560415, "relative_strength": -17.990914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.081367, "energy": 47.549428, "activity_lines": [ 1.920758, 1.93496, 1.990915, 2.03388 ] }, { "date": "2023-12-22", "close": 1.988215, "volume": 422700, "typical_volume": 551535.0, "trend": 2.107181, "fair_value": 3.55677, "relative_strength": -14.295204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.229686, "energy": 32.772125, "activity_lines": [ 1.94206, 1.941738, 1.986843, 2.024889 ] }, { "date": "2023-12-29", "close": 1.988215, "volume": 178100, "typical_volume": 529785.0, "trend": 2.086784, "fair_value": 3.553436, "relative_strength": -14.27256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.269141, "energy": 23.899479, "activity_lines": [ 1.959812, 1.949484, 1.983176, 2.017214 ] }, { "date": "2024-01-05", "close": 2.094727, "volume": 154200, "typical_volume": 494885.0, "trend": 2.071693, "fair_value": 3.550162, "relative_strength": -9.793407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.092185, "energy": 12.286095, "activity_lines": [ 2.009518, 1.976596, 1.990056, 2.017726 ] }, { "date": "2024-01-12", "close": 2.165735, "volume": 937600, "typical_volume": 488220.0, "trend": 2.059556, "fair_value": 3.547655, "relative_strength": -5.141617, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 31.558227, "energy": 30.988855, "activity_lines": [ 2.069874, 2.013068, 2.003262, 2.023793 ] }, { "date": "2024-01-19", "close": 2.183487, "volume": 2545000, "typical_volume": 522335.0, "trend": 2.052109, "fair_value": 3.54578, "relative_strength": -1.608824, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.438934, "energy": 45.619606, "activity_lines": [ 2.121947, 2.049863, 2.017717, 2.031789 ] }, { "date": "2024-01-26", "close": 2.147982, "volume": 365600, "typical_volume": 502445.0, "trend": 2.050506, "fair_value": 3.544196, "relative_strength": -1.57428, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.148897, "energy": 52.363936, "activity_lines": [ 2.143249, 2.076007, 2.028876, 2.037974 ] }, { "date": "2024-02-02", "close": 2.183487, "volume": 1318100, "typical_volume": 545790.0, "trend": 2.051258, "fair_value": 3.542425, "relative_strength": -0.290352, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.836654, "energy": 60.22211, "activity_lines": [ 2.165735, 2.104733, 2.043754, 2.046554 ] }, { "date": "2024-02-09", "close": 2.130231, "volume": 521600, "typical_volume": 554740.0, "trend": 2.055505, "fair_value": 3.540313, "relative_strength": -2.158128, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.550342, "energy": 50.985797, "activity_lines": [ 2.157451, 2.119257, 2.053559, 2.051649 ] }, { "date": "2024-02-16", "close": 2.059223, "volume": 1374700, "typical_volume": 601265.0, "trend": 2.054457, "fair_value": 3.53816, "relative_strength": -4.469468, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.567293, "energy": 23.944064, "activity_lines": [ 2.12313, 2.116675, 2.056687, 2.051889 ] }, { "date": "2024-02-23", "close": 2.094727, "volume": 478300, "typical_volume": 599790.0, "trend": 2.055179, "fair_value": 3.536132, "relative_strength": -2.832451, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.609068, "energy": 13.664796, "activity_lines": [ 2.107745, 2.118611, 2.063365, 2.054487 ] }, { "date": "2024-03-01", "close": 1.988215, "volume": 500900, "typical_volume": 604270.0, "trend": 2.05235, "fair_value": 3.530723, "relative_strength": -5.122314, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.651686, "energy": 12.646946, "activity_lines": [ 2.062773, 2.097632, 2.059646, 2.050166 ] }, { "date": "2024-03-08", "close": 2.023719, "volume": 585300, "typical_volume": 604565.0, "trend": 2.050704, "fair_value": 3.525127, "relative_strength": -4.198731, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.898307, "energy": 15.065497, "activity_lines": [ 2.040288, 2.083107, 2.059561, 2.048319 ] }, { "date": "2024-03-15", "close": 2.082052, "volume": 227900, "typical_volume": 605400.0, "trend": 2.053345, "fair_value": 3.520009, "relative_strength": -0.944247, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.942035, "energy": 9.892695, "activity_lines": [ 2.047897, 2.078544, 2.064863, 2.050342 ] }, { "date": "2024-03-22", "close": 2.028206, "volume": 106100, "typical_volume": 593490.0, "trend": 2.051849, "fair_value": 3.513715, "relative_strength": -2.682772, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.965331, "energy": 13.593992, "activity_lines": [ 2.04077, 2.06442, 2.064167, 2.04872 ] }, { "date": "2024-03-29", "close": 1.992309, "volume": 110700, "typical_volume": 589380.0, "trend": 2.044885, "fair_value": 3.507503, "relative_strength": -3.675602, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.243201, "energy": 17.810612, "activity_lines": [ 2.023745, 2.04627, 2.059947, 2.044879 ] }, { "date": "2024-04-05", "close": 1.956411, "volume": 401600, "typical_volume": 585920.0, "trend": 2.036132, "fair_value": 3.501683, "relative_strength": -4.675255, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.976151, "energy": 22.716746, "activity_lines": [ 2.001582, 2.025069, 2.052119, 2.039171 ] }, { "date": "2024-04-12", "close": 1.938463, "volume": 144500, "typical_volume": 578635.0, "trend": 2.027965, "fair_value": 3.496163, "relative_strength": -6.384297, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.936869, "energy": 40.776933, "activity_lines": [ 1.975557, 2.004089, 2.04248, 2.032869 ] }, { "date": "2024-04-19", "close": 1.97436, "volume": 134700, "typical_volume": 562060.0, "trend": 2.022178, "fair_value": 3.489006, "relative_strength": 0.399067, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.203742, "energy": 40.249586, "activity_lines": [ 1.967181, 1.994089, 2.036242, 2.029411 ] }, { "date": "2024-04-26", "close": 2.010258, "volume": 352300, "typical_volume": 560050.0, "trend": 2.019362, "fair_value": 3.473068, "relative_strength": 0.54177, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.402356, "energy": 29.941606, "activity_lines": [ 1.97795, 1.993451, 2.033067, 2.028642 ] }, { "date": "2024-05-03", "close": 1.97436, "volume": 216200, "typical_volume": 553805.0, "trend": 2.017125, "fair_value": 3.456114, "relative_strength": -1.497422, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.002158, "energy": 19.753124, "activity_lines": [ 1.97795, 1.987176, 2.026199, 2.025739 ] }, { "date": "2024-05-10", "close": 1.992309, "volume": 85300, "typical_volume": 536935.0, "trend": 2.015486, "fair_value": 3.440323, "relative_strength": -0.303971, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.036737, "energy": 14.152047, "activity_lines": [ 1.985129, 1.986353, 2.020684, 2.024138 ] }, { "date": "2024-05-17", "close": 2.279489, "volume": 3347300, "typical_volume": 695395.0, "trend": 2.025195, "fair_value": 3.424539, "relative_strength": 13.261347, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 60.723974, "energy": 36.275235, "activity_lines": [ 2.085642, 2.03767, 2.0425, 2.04117 ] }, { "date": "2024-05-24", "close": 2.225642, "volume": 729300, "typical_volume": 724150.0, "trend": 2.036068, "fair_value": 3.407624, "relative_strength": 12.160734, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.538876, "energy": 55.853298, "activity_lines": [ 2.145471, 2.074547, 2.0578, 2.054102 ] }, { "date": "2024-05-31", "close": 2.494873, "volume": 2135800, "typical_volume": 784060.0, "trend": 2.052365, "fair_value": 3.392959, "relative_strength": 27.224676, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.966173, "energy": 86.345115, "activity_lines": [ 2.278292, 2.157764, 2.098118, 2.083702 ] }, { "date": "2024-06-07", "close": 2.458976, "volume": 1375600, "typical_volume": 725590.0, "trend": 2.06924, "fair_value": 3.378849, "relative_strength": 26.264922, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.143233, "energy": 89.323527, "activity_lines": [ 2.366839, 2.225969, 2.13345, 2.109935 ] }, { "date": "2024-06-14", "close": 2.800002, "volume": 13117400, "typical_volume": 1363180.0, "trend": 2.098075, "fair_value": 3.36745, "relative_strength": 45.658881, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.924655, "energy": 95.780184, "activity_lines": [ 2.536754, 2.347694, 2.199949, 2.157081 ] }, { "date": "2024-06-21", "close": 3.158976, "volume": 27090100, "typical_volume": 2651780.0, "trend": 2.138876, "fair_value": 3.35809, "relative_strength": 62.610442, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.906333, "energy": 98.327844, "activity_lines": [ 2.77248, 2.519349, 2.297531, 2.225526 ] }, { "date": "2024-06-28", "close": 2.997437, "volume": 2890800, "typical_volume": 2770240.0, "trend": 2.175475, "fair_value": 3.344812, "relative_strength": 53.270553, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.562039, "energy": 92.488889, "activity_lines": [ 2.895728, 2.639442, 2.375083, 2.280918 ] }, { "date": "2024-07-05", "close": 3.212822, "volume": 15861300, "typical_volume": 3494570.0, "trend": 2.217479, "fair_value": 3.335011, "relative_strength": 60.847176, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.014433, "energy": 93.092901, "activity_lines": [ 3.039318, 2.780095, 2.469018, 2.347843 ] }, { "date": "2024-07-12", "close": 3.266668, "volume": 8296800, "typical_volume": 3885495.0, "trend": 2.263053, "fair_value": 3.324506, "relative_strength": 58.808608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.587698, "energy": 89.221318, "activity_lines": [ 3.152993, 2.908673, 2.562589, 2.415533 ] }, { "date": "2024-07-19", "close": 3.015386, "volume": 5990300, "typical_volume": 4159965.0, "trend": 2.297292, "fair_value": 3.308461, "relative_strength": 46.567586, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.124777, "energy": 65.896463, "activity_lines": [ 3.129061, 2.968067, 2.626647, 2.46407 ] }, { "date": "2024-07-26", "close": 3.033335, "volume": 4241500, "typical_volume": 4342775.0, "trend": 2.332129, "fair_value": 3.293841, "relative_strength": 46.794012, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.605635, "energy": 60.439098, "activity_lines": [ 3.096754, 3.012123, 2.687523, 2.511557 ] }, { "date": "2024-08-02", "close": 3.141027, "volume": 10611100, "typical_volume": 4861935.0, "trend": 2.367006, "fair_value": 3.278863, "relative_strength": 49.439805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.660568, "energy": 53.697824, "activity_lines": [ 3.108719, 3.062053, 2.753848, 2.563744 ] }, { "date": "2024-08-09", "close": 3.051284, "volume": 9714500, "typical_volume": 5342355.0, "trend": 2.396524, "fair_value": 3.267502, "relative_strength": 45.213856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.46338, "energy": 42.720907, "activity_lines": [ 3.081198, 3.079023, 2.806583, 2.607891 ] }, { "date": "2024-08-16", "close": 3.194874, "volume": 10196300, "typical_volume": 5846635.0, "trend": 2.430237, "fair_value": 3.257848, "relative_strength": 49.345861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.125415, "energy": 44.856763, "activity_lines": [ 3.11231, 3.111983, 2.868121, 2.659397 ] }, { "date": "2024-08-23", "close": 3.141027, "volume": 10061900, "typical_volume": 6329650.0, "trend": 2.463338, "fair_value": 3.24517, "relative_strength": 39.589509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.401637, "energy": 41.610222, "activity_lines": [ 3.130258, 3.121773, 2.918805, 2.705255 ] }, { "date": "2024-08-30", "close": 3.622455, "volume": 31925100, "typical_volume": 7918680.0, "trend": 2.511304, "fair_value": 3.235845, "relative_strength": 58.186989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.244631, "energy": 52.819169, "activity_lines": [ 3.300307, 3.212895, 3.009698, 2.780037 ] }, { "date": "2024-09-06", "close": 3.567569, "volume": 4538000, "typical_volume": 8138845.0, "trend": 2.559215, "fair_value": 3.225635, "relative_strength": 46.527001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.09488, "energy": 59.613675, "activity_lines": [ 3.412785, 3.285611, 3.087345, 2.848183 ] }, { "date": "2024-09-13", "close": 3.823703, "volume": 15442700, "typical_volume": 8893365.0, "trend": 2.618031, "fair_value": 3.217067, "relative_strength": 55.185569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.432465, "energy": 78.542304, "activity_lines": [ 3.582206, 3.394531, 3.181799, 2.929763 ] }, { "date": "2024-09-20", "close": 3.750522, "volume": 7068300, "typical_volume": 9235970.0, "trend": 2.673224, "fair_value": 3.205361, "relative_strength": 47.43075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.317746, "energy": 81.65507, "activity_lines": [ 3.675738, 3.479038, 3.260647, 3.002827 ] }, { "date": "2024-09-27", "close": 3.750522, "volume": 10843200, "typical_volume": 9773865.0, "trend": 2.731968, "fair_value": 3.196057, "relative_strength": 45.727889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.01114, "energy": 76.491918, "activity_lines": [ 3.732227, 3.554748, 3.331038, 3.07233 ] }, { "date": "2024-10-04", "close": 3.787112, "volume": 18209200, "typical_volume": 10516960.0, "trend": 2.790748, "fair_value": 3.187788, "relative_strength": 45.84955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.103249, "energy": 69.6284, "activity_lines": [ 3.760279, 3.623744, 3.396541, 3.140403 ] }, { "date": "2024-10-11", "close": 3.860293, "volume": 12019300, "typical_volume": 11081460.0, "trend": 2.850022, "fair_value": 3.180521, "relative_strength": 44.174364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.056768, "energy": 56.44524, "activity_lines": [ 3.801748, 3.692341, 3.461835, 3.209406 ] }, { "date": "2024-10-18", "close": 4.207903, "volume": 20176600, "typical_volume": 11983500.0, "trend": 2.922679, "fair_value": 3.175216, "relative_strength": 52.811965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.606979, "energy": 62.534822, "activity_lines": [ 3.939573, 3.811062, 3.55245, 3.297012 ] }, { "date": "2024-10-25", "close": 4.665283, "volume": 23805600, "typical_volume": 13105000.0, "trend": 3.011778, "fair_value": 3.172576, "relative_strength": 69.273455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.9992, "energy": 74.698119, "activity_lines": [ 4.204243, 3.991914, 3.678468, 3.409438 ] }, { "date": "2024-11-01", "close": 4.711021, "volume": 29003800, "typical_volume": 13899320.0, "trend": 3.103598, "fair_value": 3.167028, "relative_strength": 67.754136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.726254, "energy": 86.889376, "activity_lines": [ 4.423176, 4.154347, 3.798336, 3.519066 ] }, { "date": "2024-11-08", "close": 4.665283, "volume": 34701700, "typical_volume": 14279900.0, "trend": 3.194492, "fair_value": 3.161453, "relative_strength": 63.154814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.88215, "energy": 83.35502, "activity_lines": [ 4.56283, 4.279919, 3.904747, 3.61982 ] }, { "date": "2024-11-15", "close": 4.098132, "volume": 34894000, "typical_volume": 15880060.0, "trend": 3.265285, "fair_value": 3.156244, "relative_strength": 43.429315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.772336, "energy": 56.459771, "activity_lines": [ 4.454888, 4.283412, 3.949971, 3.678119 ] }, { "date": "2024-11-22", "close": 3.933475, "volume": 10498700, "typical_volume": 15611930.0, "trend": 3.329392, "fair_value": 3.150247, "relative_strength": 35.559985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.721285, "energy": 43.499396, "activity_lines": [ 4.276205, 4.247321, 3.974273, 3.721228 ] }, { "date": "2024-11-29", "close": 3.732227, "volume": 9128900, "typical_volume": 15653535.0, "trend": 3.387988, "fair_value": 3.142693, "relative_strength": 28.785974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.579456, "energy": 21.891617, "activity_lines": [ 4.048735, 4.172643, 3.975976, 3.747218 ] }, { "date": "2024-12-06", "close": 3.805408, "volume": 4385800, "typical_volume": 15573310.0, "trend": 3.448424, "fair_value": 3.133474, "relative_strength": 27.643407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.814306, "energy": 25.316062, "activity_lines": [ 3.907861, 4.111603, 3.982432, 3.774148 ] }, { "date": "2024-12-13", "close": 3.402913, "volume": 10933200, "typical_volume": 15907895.0, "trend": 3.485872, "fair_value": 3.121674, "relative_strength": 14.674072, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.972945, "energy": 20.314554, "activity_lines": [ 3.693197, 3.976385, 3.946793, 3.771212 ] }, { "date": "2024-12-20", "close": 3.384617, "volume": 7602400, "typical_volume": 15757460.0, "trend": 3.524504, "fair_value": 3.110825, "relative_strength": 18.452429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.357538, "energy": 23.735104, "activity_lines": [ 3.556593, 3.844826, 3.907651, 3.764679 ] }, { "date": "2024-12-27", "close": 3.329731, "volume": 5508500, "typical_volume": 15547160.0, "trend": 3.552333, "fair_value": 3.099357, "relative_strength": 12.501459, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.001096, "energy": 31.897542, "activity_lines": [ 3.44926, 3.711936, 3.862123, 3.752113 ] }, { "date": "2025-01-03", "close": 3.238255, "volume": 2521100, "typical_volume": 15163400.0, "trend": 3.578309, "fair_value": 3.088369, "relative_strength": 9.858359, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.340771, "energy": 46.683369, "activity_lines": [ 3.351686, 3.57838, 3.806556, 3.73185 ] }, { "date": "2025-01-10", "close": 2.963827, "volume": 5552100, "typical_volume": 14937910.0, "trend": 3.58377, "fair_value": 3.075089, "relative_strength": 1.200925, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.697063, "energy": 57.306336, "activity_lines": [ 3.195566, 3.420875, 3.724647, 3.692206 ] }, { "date": "2025-01-17", "close": 2.488151, "volume": 4427300, "typical_volume": 13563020.0, "trend": 3.561409, "fair_value": 3.05956, "relative_strength": -13.522196, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.497548, "energy": 71.524916, "activity_lines": [ 2.936994, 3.20865, 3.598279, 3.621521 ] }, { "date": "2025-01-24", "close": 2.982122, "volume": 10544300, "typical_volume": 13863335.0, "trend": 3.560898, "fair_value": 3.047998, "relative_strength": 2.039264, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.599602, "energy": 62.349041, "activity_lines": [ 2.904062, 3.125823, 3.524358, 3.584148 ] }, { "date": "2025-01-31", "close": 2.908941, "volume": 4242300, "typical_volume": 13303315.0, "trend": 3.550769, "fair_value": 3.034899, "relative_strength": 1.954305, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.393183, "energy": 70.557497, "activity_lines": [ 2.87357, 3.049981, 3.446255, 3.542086 ] }, { "date": "2025-02-07", "close": 2.854055, "volume": 2998600, "typical_volume": 13099830.0, "trend": 3.537015, "fair_value": 3.022783, "relative_strength": 1.934564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.984259, "energy": 69.103636, "activity_lines": [ 2.852836, 2.982787, 3.36728, 3.497137 ] }, { "date": "2025-02-14", "close": 2.963827, "volume": 3829900, "typical_volume": 12749165.0, "trend": 3.535296, "fair_value": 3.010303, "relative_strength": 5.898983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.635194, "energy": 56.030802, "activity_lines": [ 2.894305, 2.951519, 3.303029, 3.460157 ] }, { "date": "2025-02-21", "close": 3.201665, "volume": 3665300, "typical_volume": 12021970.0, "trend": 3.540907, "fair_value": 3.000682, "relative_strength": 15.690712, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.655769, "energy": 35.968582, "activity_lines": [ 3.015053, 2.978796, 3.265175, 3.438632 ] }, { "date": "2025-02-28", "close": 2.963827, "volume": 7002000, "typical_volume": 11771105.0, "trend": 3.535001, "fair_value": 2.991403, "relative_strength": 9.91723, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.92877, "energy": 32.007295, "activity_lines": [ 3.008955, 2.966488, 3.207458, 3.401401 ] }, { "date": "2025-03-07", "close": 2.872351, "volume": 2757300, "typical_volume": 10900140.0, "trend": 3.529036, "fair_value": 2.983672, "relative_strength": 5.829634, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.829081, "energy": 32.124089, "activity_lines": [ 2.973584, 2.945199, 3.145298, 3.35865 ] }, { "date": "2025-03-14", "close": 2.896373, "volume": 2495800, "typical_volume": 9834650.0, "trend": 3.519086, "fair_value": 2.976096, "relative_strength": 8.393655, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.919448, "energy": 33.674402, "activity_lines": [ 2.94866, 2.936594, 3.091786, 3.317833 ] }, { "date": "2025-03-21", "close": 3.065641, "volume": 22634100, "typical_volume": 9516165.0, "trend": 3.516573, "fair_value": 2.970031, "relative_strength": 12.427054, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.378239, "energy": 30.806171, "activity_lines": [ 2.977338, 2.96498, 3.062817, 3.288578 ] }, { "date": "2025-03-28", "close": 3.009218, "volume": 3182900, "typical_volume": 7940225.0, "trend": 3.496132, "fair_value": 2.963604, "relative_strength": 10.376424, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.645497, "energy": 31.160001, "activity_lines": [ 2.98042, 2.981257, 3.03631, 3.255846 ] }, { "date": "2025-04-04", "close": 2.764719, "volume": 2771100, "typical_volume": 6334080.0, "trend": 3.469371, "fair_value": 2.955503, "relative_strength": 5.034957, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.030338, "energy": 36.058739, "activity_lines": [ 2.914832, 2.943606, 2.994404, 3.208658 ] }, { "date": "2025-04-11", "close": 2.708297, "volume": 4047200, "typical_volume": 6011505.0, "trend": 3.43219, "fair_value": 2.947681, "relative_strength": 1.731089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.224583, "energy": 38.061138, "activity_lines": [ 2.843711, 2.899649, 2.953473, 3.159556 ] }, { "date": "2025-04-18", "close": 2.91518, "volume": 1412300, "typical_volume": 5625675.0, "trend": 3.404346, "fair_value": 2.941292, "relative_strength": 6.469465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.233476, "energy": 35.288799, "activity_lines": [ 2.852488, 2.896955, 2.93808, 3.126201 ] }, { "date": "2025-04-25", "close": 2.933988, "volume": 3118200, "typical_volume": 5562295.0, "trend": 3.377128, "fair_value": 2.935235, "relative_strength": 5.513708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.023105, "energy": 35.532583, "activity_lines": [ 2.86628, 2.896569, 2.928369, 3.095855 ] }, { "date": "2025-05-02", "close": 2.83995, "volume": 3015900, "typical_volume": 5166430.0, "trend": 3.345556, "fair_value": 2.929227, "relative_strength": -2.002211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.060086, "energy": 32.637152, "activity_lines": [ 2.857504, 2.879628, 2.913851, 3.061198 ] }, { "date": "2025-05-09", "close": 2.783527, "volume": 5653500, "typical_volume": 5068985.0, "trend": 3.309664, "fair_value": 2.924811, "relative_strength": -5.534024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.079512, "energy": 30.594826, "activity_lines": [ 2.841204, 2.859005, 2.896641, 3.024938 ] }, { "date": "2025-05-16", "close": 2.576643, "volume": 5195900, "typical_volume": 5053355.0, "trend": 3.255288, "fair_value": 2.916789, "relative_strength": -11.798651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.414576, "energy": 39.25225, "activity_lines": [ 2.754689, 2.804044, 2.862589, 2.977647 ] }, { "date": "2025-05-23", "close": 2.501413, "volume": 3135000, "typical_volume": 5084050.0, "trend": 3.183159, "fair_value": 2.907959, "relative_strength": -13.299032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.358709, "energy": 54.720307, "activity_lines": [ 2.651874, 2.740782, 2.824959, 2.92901 ] }, { "date": "2025-05-30", "close": 2.501413, "volume": 2453400, "typical_volume": 4929115.0, "trend": 3.109506, "fair_value": 2.899563, "relative_strength": -11.472405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.17562, "energy": 68.977231, "activity_lines": [ 2.576643, 2.684702, 2.790838, 2.885026 ] }, { "date": "2025-06-06", "close": 2.482605, "volume": 1680500, "typical_volume": 4791775.0, "trend": 3.03675, "fair_value": 2.890938, "relative_strength": -11.387589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.095425, "energy": 73.578903, "activity_lines": [ 2.523982, 2.63546, 2.757128, 2.844581 ] }, { "date": "2025-06-13", "close": 2.44499, "volume": 1942300, "typical_volume": 4361675.0, "trend": 2.981645, "fair_value": 2.884027, "relative_strength": -11.686858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.596672, "energy": 72.146744, "activity_lines": [ 2.482605, 2.588954, 2.719861, 2.806403 ] }, { "date": "2025-06-20", "close": 2.256914, "volume": 3753400, "typical_volume": 4337230.0, "trend": 2.92576, "fair_value": 2.87591, "relative_strength": -14.071469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.758753, "energy": 84.637851, "activity_lines": [ 2.401106, 2.514065, 2.66724, 2.759646 ] }, { "date": "2025-06-27", "close": 2.294529, "volume": 3549800, "typical_volume": 4364790.0, "trend": 2.877836, "fair_value": 2.868142, "relative_strength": -13.708766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.893283, "energy": 79.542886, "activity_lines": [ 2.35346, 2.454223, 2.621307, 2.718921 ] }, { "date": "2025-07-04", "close": 2.520221, "volume": 11210900, "typical_volume": 4733840.0, "trend": 2.834997, "fair_value": 2.86269, "relative_strength": -8.253772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.94082, "energy": 51.722285, "activity_lines": [ 2.394837, 2.4467, 2.599533, 2.695849 ] }, { "date": "2025-07-11", "close": 2.463798, "volume": 3851000, "typical_volume": 4743125.0, "trend": 2.803693, "fair_value": 2.857202, "relative_strength": -10.22367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.297827, "energy": 46.926264, "activity_lines": [ 2.416152, 2.436441, 2.574497, 2.671901 ] }, { "date": "2025-07-18", "close": 2.633066, "volume": 13489000, "typical_volume": 5067475.0, "trend": 2.778641, "fair_value": 2.852582, "relative_strength": -10.775548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.092522, "energy": 28.674525, "activity_lines": [ 2.495144, 2.463798, 2.569095, 2.660893 ] }, { "date": "2025-07-25", "close": 2.708297, "volume": 5640600, "typical_volume": 5211640.0, "trend": 2.757927, "fair_value": 2.847793, "relative_strength": -8.954989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.037871, "energy": 20.854321, "activity_lines": [ 2.586674, 2.507568, 2.572434, 2.656355 ] }, { "date": "2025-08-01", "close": 2.633066, "volume": 3072200, "typical_volume": 5240460.0, "trend": 2.737754, "fair_value": 2.84187, "relative_strength": -11.408804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.534503, "energy": 22.121602, "activity_lines": [ 2.623036, 2.535267, 2.569389, 2.648299 ] }, { "date": "2025-08-08", "close": 2.689489, "volume": 2140900, "typical_volume": 4215800.0, "trend": 2.728609, "fair_value": 2.837285, "relative_strength": -12.288815, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.141213, "energy": 20.658515, "activity_lines": [ 2.655635, 2.57083, 2.572971, 2.645185 ] }, { "date": "2025-08-15", "close": 2.539028, "volume": 5000200, "typical_volume": 4306665.0, "trend": 2.730305, "fair_value": 2.830434, "relative_strength": -16.932828, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.734204, "energy": 16.298265, "activity_lines": [ 2.626797, 2.575618, 2.564015, 2.632954 ] }, { "date": "2025-08-22", "close": 2.557836, "volume": 1101300, "typical_volume": 4223175.0, "trend": 2.716162, "fair_value": 2.823377, "relative_strength": -15.729553, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.357413, "energy": 10.490971, "activity_lines": [ 2.599213, 2.582799, 2.55909, 2.621827 ] }, { "date": "2025-08-29", "close": 2.586294, "volume": 1213800, "typical_volume": 4081505.0, "trend": 2.705407, "fair_value": 2.817159, "relative_strength": -13.240316, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.108593, "energy": 13.052325, "activity_lines": [ 2.586129, 2.593102, 2.557859, 2.613449 ] }, { "date": "2025-09-05", "close": 2.566993, "volume": 1500800, "typical_volume": 4085930.0, "trend": 2.695839, "fair_value": 2.81004, "relative_strength": -15.490634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.109869, "energy": 17.384384, "activity_lines": [ 2.574746, 2.593908, 2.555372, 2.604519 ] }, { "date": "2025-09-12", "close": 2.566993, "volume": 2664300, "typical_volume": 4063235.0, "trend": 2.682611, "fair_value": 2.80292, "relative_strength": -16.907556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.748769, "energy": 15.979329, "activity_lines": [ 2.567768, 2.589759, 2.554542, 2.596206 ] }, { "date": "2025-09-19", "close": 2.644196, "volume": 1745700, "typical_volume": 3999725.0, "trend": 2.664029, "fair_value": 2.796072, "relative_strength": -13.976181, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.86667, "energy": 9.561794, "activity_lines": [ 2.59469, 2.598798, 2.562813, 2.593728 ] }, { "date": "2025-09-26", "close": 2.547692, "volume": 1113200, "typical_volume": 3772710.0, "trend": 2.650157, "fair_value": 2.789496, "relative_strength": -15.805161, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.992881, "energy": 13.031702, "activity_lines": [ 2.582434, 2.58701, 2.562825, 2.586222 ] }, { "date": "2025-10-03", "close": 2.509091, "volume": 808300, "typical_volume": 3553330.0, "trend": 2.638049, "fair_value": 2.783228, "relative_strength": -17.576754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.307611, "energy": 17.779332, "activity_lines": [ 2.557986, 2.569756, 2.560284, 2.577121 ] }, { "date": "2025-10-10", "close": 2.528392, "volume": 388400, "typical_volume": 3416000.0, "trend": 2.625783, "fair_value": 2.77764, "relative_strength": -16.061234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.222728, "energy": 21.476221, "activity_lines": [ 2.545119, 2.559633, 2.559902, 2.570046 ] }, { "date": "2025-10-17", "close": 2.373986, "volume": 1145600, "typical_volume": 3350610.0, "trend": 2.602727, "fair_value": 2.770951, "relative_strength": -19.788447, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.413622, "energy": 53.995179, "activity_lines": [ 2.483357, 2.523339, 2.544687, 2.553801 ] }, { "date": "2025-10-24", "close": 2.335385, "volume": 1701700, "typical_volume": 3351670.0, "trend": 2.580266, "fair_value": 2.764126, "relative_strength": -22.548095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.101395, "energy": 68.560147, "activity_lines": [ 2.421595, 2.485764, 2.526403, 2.536554 ] }, { "date": "2025-10-31", "close": 2.296783, "volume": 836100, "typical_volume": 3296360.0, "trend": 2.564669, "fair_value": 2.756386, "relative_strength": -22.622776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.122071, "energy": 76.461365, "activity_lines": [ 2.367553, 2.444872, 2.505143, 2.518264 ] }, { "date": "2025-11-07", "close": 2.296783, "volume": 1370300, "typical_volume": 3177205.0, "trend": 2.550951, "fair_value": 2.748424, "relative_strength": -21.281504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.490313, "energy": 78.274822, "activity_lines": [ 2.330238, 2.408727, 2.484588, 2.500981 ] }, { "date": "2025-11-14", "close": 2.663496, "volume": 8118200, "typical_volume": 3405625.0, "trend": 2.542562, "fair_value": 2.743035, "relative_strength": -5.691708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.953285, "energy": 29.566694, "activity_lines": [ 2.429314, 2.444521, 2.498769, 2.508242 ] }, { "date": "2025-11-21", "close": 2.682797, "volume": 9519400, "typical_volume": 3321050.0, "trend": 2.534189, "fair_value": 2.738103, "relative_strength": -3.397955, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.512557, "energy": 8.971519, "activity_lines": [ 2.525818, 2.48207, 2.513032, 2.51729 ] }, { "date": "2025-11-28", "close": 3.04951, "volume": 7929800, "typical_volume": 3524990.0, "trend": 2.541174, "fair_value": 2.734855, "relative_strength": 9.78566, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.087906, "energy": 53.727594, "activity_lines": [ 2.723972, 2.584188, 2.561445, 2.550536 ] }, { "date": "2025-12-05", "close": 2.933706, "volume": 4558500, "typical_volume": 3078465.0, "trend": 2.54618, "fair_value": 2.731309, "relative_strength": 4.489199, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.687569, "energy": 57.668105, "activity_lines": [ 2.835916, 2.657882, 2.59604, 2.575861 ] }, { "date": "2025-12-12", "close": 2.779301, "volume": 2107500, "typical_volume": 2901810.0, "trend": 2.552935, "fair_value": 2.726884, "relative_strength": 0.683574, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.752879, "energy": 70.126554, "activity_lines": [ 2.85393, 2.696483, 2.614498, 2.590901 ] }, { "date": "2025-12-19", "close": 2.76, "volume": 1647500, "typical_volume": 2830575.0, "trend": 2.561555, "fair_value": 2.722336, "relative_strength": 0.378324, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.054154, "energy": 68.568234, "activity_lines": [ 2.833343, 2.726662, 2.63078, 2.60426 ] }, { "date": "2025-12-26", "close": 2.817902, "volume": 1515000, "typical_volume": 2799280.0, "trend": 2.572105, "fair_value": 2.718159, "relative_strength": 2.033016, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.865528, "energy": 43.760155, "activity_lines": [ 2.825622, 2.763158, 2.651971, 2.620798 ] }, { "date": "2026-01-02", "close": 2.856503, "volume": 346100, "typical_volume": 2566575.0, "trend": 2.584568, "fair_value": 2.714119, "relative_strength": 3.460486, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.52236, "energy": 37.193619, "activity_lines": [ 2.821762, 2.798601, 2.676228, 2.639147 ] }, { "date": "2026-01-09", "close": 2.817902, "volume": 1057800, "typical_volume": 2564400.0, "trend": 2.596998, "fair_value": 2.709497, "relative_strength": 2.444234, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.51447, "energy": 33.278449, "activity_lines": [ 2.817902, 2.817551, 2.695297, 2.654201 ] }, { "date": "2026-01-16", "close": 2.682797, "volume": 1257600, "typical_volume": 2566590.0, "trend": 2.611194, "fair_value": 2.70412, "relative_strength": -4.319521, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.955503, "energy": 24.589828, "activity_lines": [ 2.776727, 2.802461, 2.70026, 2.659736 ] }, { "date": "2026-01-23", "close": 3.04951, "volume": 7845100, "typical_volume": 2883805.0, "trend": 2.63636, "fair_value": 2.701094, "relative_strength": 5.440791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.211248, "energy": 38.834981, "activity_lines": [ 2.864223, 2.847028, 2.739688, 2.688014 ] }, { "date": "2026-01-30", "close": 2.953007, "volume": 3083900, "typical_volume": 2904785.0, "trend": 2.650787, "fair_value": 2.695671, "relative_strength": 1.226114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.392486, "energy": 36.264134, "activity_lines": [ 2.900252, 2.867031, 2.767628, 2.708443 ] }, { "date": "2026-02-06", "close": 3.146014, "volume": 11212000, "typical_volume": 3378100.0, "trend": 2.673527, "fair_value": 2.691706, "relative_strength": 5.491261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.547463, "energy": 50.490836, "activity_lines": [ 2.991608, 2.917213, 2.812112, 2.740393 ] }, { "date": "2026-02-13", "close": 3.261818, "volume": 5333800, "typical_volume": 3589130.0, "trend": 2.694486, "fair_value": 2.689597, "relative_strength": 3.577338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.993095, "energy": 74.218786, "activity_lines": [ 3.102266, 2.986695, 2.865235, 2.778348 ] }, { "date": "2026-02-20", "close": 3.396923, "volume": 7736300, "typical_volume": 3935530.0, "trend": 2.71744, "fair_value": 2.688575, "relative_strength": 4.523339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.16315, "energy": 80.522331, "activity_lines": [ 3.228364, 3.074777, 2.927824, 2.823666 ] }, { "date": "2026-02-27", "close": 2.721399, "volume": 13551700, "typical_volume": 4593695.0, "trend": 2.720384, "fair_value": 2.686004, "relative_strength": -18.436017, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.069103, "energy": 43.202293, "activity_lines": [ 3.081678, 3.028806, 2.92185, 2.823922 ] }, { "date": "2026-03-06", "close": 2.644196, "volume": 4486600, "typical_volume": 4760745.0, "trend": 2.718874, "fair_value": 2.683271, "relative_strength": -13.734388, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.476708, "energy": 16.846758, "activity_lines": [ 2.931133, 2.9695, 2.907604, 2.819006 ] }, { "date": "2026-03-13", "close": 2.721399, "volume": 4078400, "typical_volume": 4879580.0, "trend": 2.724953, "fair_value": 2.681923, "relative_strength": -10.727507, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.213518, "energy": 15.67729, "activity_lines": [ 2.826909, 2.92739, 2.899425, 2.819169 ] }, { "date": "2026-03-20", "close": 2.72, "volume": 3359700, "typical_volume": 5005760.0, "trend": 2.730359, "fair_value": 2.680454, "relative_strength": -11.707336, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.431528, "energy": 20.588131, "activity_lines": [ 2.750527, 2.887481, 2.889273, 2.818849 ] }, { "date": "2026-03-27", "close": 2.74, "volume": 1779200, "typical_volume": 5026205.0, "trend": 2.735482, "fair_value": 2.67878, "relative_strength": -11.394004, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.180379, "energy": 23.053169, "activity_lines": [ 2.716933, 2.852989, 2.879012, 2.819471 ] }, { "date": "2026-04-03", "close": 2.86, "volume": 2587600, "typical_volume": 4749675.0, "trend": 2.745249, "fair_value": 2.677987, "relative_strength": -7.547789, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.293529, "energy": 12.7163, "activity_lines": [ 2.767133, 2.839275, 2.878068, 2.827505 ] }, { "date": "2026-04-10", "close": 2.88, "volume": 1561700, "typical_volume": 4351790.0, "trend": 2.755683, "fair_value": 2.677433, "relative_strength": -9.767697, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.292418, "energy": 8.737481, "activity_lines": [ 2.81476, 2.832643, 2.878093, 2.836198 ] }, { "date": "2026-04-17", "close": 2.96, "volume": 1600100, "typical_volume": 4035305.0, "trend": 2.76621, "fair_value": 2.67817, "relative_strength": -5.274366, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.526847, "energy": 15.508857, "activity_lines": [ 2.873333, 2.841884, 2.884799, 2.84938 ] }, { "date": "2026-04-24", "close": 2.98, "volume": 2921100, "typical_volume": 3953435.0, "trend": 2.78062, "fair_value": 2.679704, "relative_strength": -2.477117, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.764035, "energy": 22.694992, "activity_lines": [ 2.922667, 2.858144, 2.893835, 2.863173 ] }, { "date": "2026-05-01", "close": 3.24, "volume": 8080500, "typical_volume": 4252085.0, "trend": 2.804984, "fair_value": 2.68268, "relative_strength": 3.552543, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.354453, "energy": 42.574724, "activity_lines": [ 3.041333, 2.9268, 2.927413, 2.892811 ] }, { "date": "2026-05-08", "close": 3.32, "volume": 3901100, "typical_volume": 4364765.0, "trend": 2.831371, "fair_value": 2.686055, "relative_strength": 5.720995, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.845698, "energy": 64.356262, "activity_lines": [ 3.153333, 3.012854, 2.966416, 2.926037 ] }, { "date": "2026-05-15", "close": 3.12, "volume": 3088900, "typical_volume": 4443460.0, "trend": 2.856238, "fair_value": 2.6895, "relative_strength": -1.709269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.642675, "energy": 58.934801, "activity_lines": [ 3.168, 3.051662, 2.983704, 2.944659 ] }, { "date": "2026-05-22", "close": 3.34, "volume": 2976500, "typical_volume": 4574980.0, "trend": 2.889725, "fair_value": 2.694243, "relative_strength": 3.762273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.755759, "energy": 65.955635, "activity_lines": [ 3.24, 3.121818, 3.020507, 2.975869 ] }, { "date": "2026-05-29", "close": 3.44, "volume": 35786900, "typical_volume": 6311435.0, "trend": 2.927832, "fair_value": 2.699627, "relative_strength": 4.829109, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.435595, "energy": 70.629513, "activity_lines": [ 3.32, 3.198909, 3.064531, 3.011371 ] }, { "date": "2026-06-05", "close": 3.56, "volume": 1276000, "typical_volume": 6312355.0, "trend": 2.969939, "fair_value": 2.706117, "relative_strength": 7.446395, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.427263, "energy": 73.82481, "activity_lines": [ 3.409333, 3.284727, 3.117021, 3.052156 ] }, { "date": "2026-06-12", "close": 3.44, "volume": 658800, "typical_volume": 5953040.0, "trend": 2.995823, "fair_value": 2.711952, "relative_strength": 3.201611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.265206, "energy": 71.198261, "activity_lines": [ 3.437333, 3.333818, 3.153905, 3.082482 ] }, { "date": "2026-06-19", "close": 3.52, "volume": 462800, "typical_volume": 5821985.0, "trend": 3.02373, "fair_value": 2.719087, "relative_strength": 6.81651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.624535, "energy": 72.268781, "activity_lines": [ 3.484, 3.386909, 3.196549, 3.1163 ] }, { "date": "2026-06-26", "close": 3.44, "volume": 416400, "typical_volume": 5282205.0, "trend": 3.036746, "fair_value": 2.727061, "relative_strength": 6.322283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.772001, "energy": 57.756852, "activity_lines": [ 3.477333, 3.413818, 3.228874, 3.143156 ] }, { "date": "2026-07-03", "close": 3.58, "volume": 365000, "typical_volume": 5033765.0, "trend": 3.058289, "fair_value": 2.736157, "relative_strength": 5.942783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.873629, "energy": 51.029736, "activity_lines": [ 3.510667, 3.457455, 3.273133, 3.178205 ] }, { "date": "2026-07-10", "close": 3.8, "volume": 8156100, "typical_volume": 5054755.0, "trend": 3.092312, "fair_value": 2.747678, "relative_strength": 11.591788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.509695, "energy": 62.8327, "activity_lines": [ 3.608, 3.530182, 3.336829, 3.226057 ] }, { "date": "2026-07-17", "close": 3.86, "volume": 4366400, "typical_volume": 4595490.0, "trend": 3.128979, "fair_value": 2.75902, "relative_strength": 11.967021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.147244, "energy": 67.591525, "activity_lines": [ 3.709333, 3.603636, 3.404319, 3.275586 ] }, { "date": "2026-07-24", "close": 3.82, "volume": 3273400, "typical_volume": 4534830.0, "trend": 3.162382, "fair_value": 2.770218, "relative_strength": 10.392769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.634239, "energy": 72.48125, "activity_lines": [ 3.769333, 3.66, 3.462578, 3.320168 ] }, { "date": "2026-07-31", "close": 4.0, "volume": 4562700, "typical_volume": 4559045.0, "trend": 3.200499, "fair_value": 2.78257, "relative_strength": 16.580303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.46935, "energy": 81.279875, "activity_lines": [ 3.869333, 3.736364, 3.532381, 3.374207 ] }, { "date": "2026-08-07", "close": 4.02, "volume": 2892600, "typical_volume": 4535690.0, "trend": 3.240569, "fair_value": 2.79505, "relative_strength": 17.577286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.410916, "energy": 82.802656, "activity_lines": [ 3.938667, 3.804364, 3.598, 3.427078 ] } ], "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." } } }