{ "ticker": { "uuid": "01e9e759-bd04-49cb-8b34-2988dbd1e959", "symbol": "1542", "name": "Taizhou Water Group Co., Ltd.", "exchange": "HKG", "country": "HK", "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": "2026-09-11", "benchmark": "^HSI", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -62.974, "architecture_energy": 54.069, "architecture_maturity": 38.239, "architecture_confidence": 84.106, "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": 17.74, "rotation_up": 17.18, "upward_expansion": 8.14, "deceleration": 56.23, "rotation_down": 63.37, "downward_expansion": 81.47 }, "activity_lines": [ 0.661667, 0.692182, 0.814476, 0.883226 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 0.775, "trend_reference": 0.964167, "distance_from_trend": -0.196197, "trend_direction": "Weakening", "fair_value": 1.794583, "distance_from_fair_value": -0.568145, "fair_value_direction": "Weakening", "relative_strength": -26.199386, "relative_strength_direction": "Weakening", "price_momentum": -0.295455, "excess_performance": -0.269538, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.196197, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.120018, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.568145, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.195412, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.261994, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.29439, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.295455, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.051646, "read": "Demand-led" } ], "volume": { "latest": 33000, "relative_activity": 0.197487, "balance": 1.051646, "dry_up": 4.284859, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.191563, "annualized_volatility": 0.90297, "from_high_reference": -0.465517, "from_low_reference": 0.614583 }, "levels": { "trend_reference": 0.964167, "fair_value_reference": 1.794583, "structural_low": 0.48, "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": 37, "median_return": 0.0, "positive_rate": 0.405405, "directional_follow_through": 0.486486, "median_excess_return": -0.015754, "regime_survival": 0.864865, "best_return": 0.205357, "worst_return": -0.255814, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.047057, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": -0.061502, "regime_survival": 0.666667, "best_return": 0.316583, "worst_return": -0.355102, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.009516, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.050836, "regime_survival": 0.5, "best_return": 0.341709, "worst_return": -0.395918, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.030772, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.091841, "regime_survival": 0.333333, "best_return": 0.356784, "worst_return": -0.44898, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2023-02-24", "end": "2023-04-07", "tenure": "Developing", "return": -0.02349, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-04-14", "end": "2023-09-01", "tenure": "Established", "return": 0.006919, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-08", "end": "2023-09-08", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-09-15", "end": "2024-01-26", "tenure": "Established", "return": 0.356784, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2024-02-02", "end": "2024-03-01", "tenure": "Developing", "return": -0.007407, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-05-31", "tenure": "Established", "return": 0.067416, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2024-06-07", "end": "2024-06-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-07-19", "tenure": "Developing", "return": -0.003521, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-26", "end": "2024-08-23", "tenure": "Developing", "return": -0.010638, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-30", "end": "2024-10-18", "tenure": "Developing", "return": -0.092593, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2026-06-05", "tenure": "Extended", "return": -0.620408, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": -0.252033, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.1, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-09-11", "tenure": "Developing", "return": 0.139706, "active": true } ], "chart_path": [ { "date": "2023-09-22", "close": 2.08, "volume": 0, "typical_volume": 2550.0, "trend": 2.789489, "fair_value": 2.741941, "relative_strength": -18.431617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.288916, "energy": 62.68325, "activity_lines": [ 2.331333, 2.582364, 2.721849, 2.760001 ] }, { "date": "2023-09-29", "close": 2.08, "volume": 0, "typical_volume": 2550.0, "trend": 2.767717, "fair_value": 2.734786, "relative_strength": -16.989042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.524914, "energy": 85.867857, "activity_lines": [ 2.188, 2.465273, 2.654838, 2.714228 ] }, { "date": "2023-10-06", "close": 2.08, "volume": 0, "typical_volume": 2550.0, "trend": 2.745946, "fair_value": 2.727576, "relative_strength": -15.115002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.839305, "energy": 86.101634, "activity_lines": [ 2.105333, 2.362909, 2.591354, 2.669859 ] }, { "date": "2023-10-13", "close": 1.9, "volume": 14000, "typical_volume": 3250.0, "trend": 2.718174, "fair_value": 2.719212, "relative_strength": -23.305507, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.290237, "energy": 87.155268, "activity_lines": [ 2.014, 2.242545, 2.514254, 2.615282 ] }, { "date": "2023-10-20", "close": 2.0, "volume": 0, "typical_volume": 3250.0, "trend": 2.690494, "fair_value": 2.711489, "relative_strength": -15.716313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.743564, "energy": 74.333905, "activity_lines": [ 2.005333, 2.159818, 2.451063, 2.568948 ] }, { "date": "2023-10-27", "close": 2.05, "volume": 0, "typical_volume": 3250.0, "trend": 2.66448, "fair_value": 2.704087, "relative_strength": -14.022198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.73447, "energy": 56.124074, "activity_lines": [ 2.012667, 2.103818, 2.396541, 2.527626 ] }, { "date": "2023-11-03", "close": 2.05, "volume": 0, "typical_volume": 3250.0, "trend": 2.638466, "fair_value": 2.698912, "relative_strength": -14.8814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.171408, "energy": 55.185209, "activity_lines": [ 2.022, 2.064545, 2.345689, 2.487982 ] }, { "date": "2023-11-10", "close": 2.05, "volume": 0, "typical_volume": 3000.0, "trend": 2.612452, "fair_value": 2.694173, "relative_strength": -12.24862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.579934, "energy": 48.282557, "activity_lines": [ 2.033333, 2.042364, 2.298507, 2.450017 ] }, { "date": "2023-11-17", "close": 2.74, "volume": 0, "typical_volume": 3000.0, "trend": 2.609438, "fair_value": 2.694944, "relative_strength": 15.359118, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.105409, "energy": 15.170271, "activity_lines": [ 2.276667, 2.160182, 2.32071, 2.458245 ] }, { "date": "2023-11-24", "close": 2.66, "volume": 0, "typical_volume": 3000.0, "trend": 2.603758, "fair_value": 2.695419, "relative_strength": 11.183295, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.892393, "energy": 18.870704, "activity_lines": [ 2.437333, 2.261636, 2.336048, 2.461508 ] }, { "date": "2023-12-01", "close": 2.2, "volume": 0, "typical_volume": 3000.0, "trend": 2.582744, "fair_value": 2.692946, "relative_strength": -4.010665, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.102451, "energy": 32.287777, "activity_lines": [ 2.400667, 2.267273, 2.308714, 2.435459 ] }, { "date": "2023-12-08", "close": 2.2, "volume": 0, "typical_volume": 3000.0, "trend": 2.562054, "fair_value": 2.691994, "relative_strength": -1.188877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.947649, "energy": 33.174016, "activity_lines": [ 2.354, 2.270727, 2.284667, 2.410765 ] }, { "date": "2023-12-15", "close": 2.62, "volume": 0, "typical_volume": 3000.0, "trend": 2.555365, "fair_value": 2.692104, "relative_strength": 14.064326, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 15.494306, "energy": 25.760841, "activity_lines": [ 2.437333, 2.348364, 2.303905, 2.414504 ] }, { "date": "2023-12-22", "close": 2.62, "volume": 0, "typical_volume": 1900.0, "trend": 2.548675, "fair_value": 2.692703, "relative_strength": 16.721168, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 15.405771, "energy": 37.026141, "activity_lines": [ 2.482667, 2.416182, 2.324429, 2.418674 ] }, { "date": "2023-12-29", "close": 2.24, "volume": 0, "typical_volume": 1900.0, "trend": 2.529319, "fair_value": 2.690867, "relative_strength": -4.380828, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.145653, "energy": 16.568355, "activity_lines": [ 2.409333, 2.401818, 2.310429, 2.398759 ] }, { "date": "2024-01-05", "close": 2.24, "volume": 0, "typical_volume": 1900.0, "trend": 2.509963, "fair_value": 2.689084, "relative_strength": -1.61344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.139378, "energy": 19.928595, "activity_lines": [ 2.364, 2.383091, 2.299905, 2.380094 ] }, { "date": "2024-01-12", "close": 2.24, "volume": 0, "typical_volume": 1850.0, "trend": 2.490606, "fair_value": 2.687139, "relative_strength": -0.140717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.852449, "energy": 25.418474, "activity_lines": [ 2.316, 2.360909, 2.292857, 2.362677 ] }, { "date": "2024-01-19", "close": 2.7, "volume": 0, "typical_volume": 1500.0, "trend": 2.486583, "fair_value": 2.688795, "relative_strength": 26.652717, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.894833, "energy": 8.390914, "activity_lines": [ 2.418667, 2.418909, 2.33319, 2.376186 ] }, { "date": "2024-01-26", "close": 2.7, "volume": 2000, "typical_volume": 1600.0, "trend": 2.479967, "fair_value": 2.690341, "relative_strength": 20.595086, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.985299, "energy": 35.147279, "activity_lines": [ 2.516, 2.465091, 2.374238, 2.389955 ] }, { "date": "2024-02-02", "close": 2.7, "volume": 0, "typical_volume": 800.0, "trend": 2.473333, "fair_value": 2.691345, "relative_strength": 22.8996, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.450122, "energy": 57.925245, "activity_lines": [ 2.608, 2.512, 2.415, 2.404151 ] }, { "date": "2024-02-09", "close": 2.7, "volume": 0, "typical_volume": 800.0, "trend": 2.467, "fair_value": 2.692892, "relative_strength": 20.398706, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.610807, "energy": 65.424514, "activity_lines": [ 2.669333, 2.558182, 2.452381, 2.418774 ] }, { "date": "2024-02-16", "close": 2.7, "volume": 0, "typical_volume": 800.0, "trend": 2.460667, "fair_value": 2.690634, "relative_strength": 15.36103, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.143663, "energy": 73.095796, "activity_lines": [ 2.7, 2.595273, 2.48681, 2.433806 ] }, { "date": "2024-02-23", "close": 2.69, "volume": 2000, "typical_volume": 900.0, "trend": 2.454, "fair_value": 2.686791, "relative_strength": 12.041684, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.764942, "energy": 71.210499, "activity_lines": [ 2.696667, 2.621455, 2.517333, 2.448602 ] }, { "date": "2024-03-01", "close": 2.68, "volume": 0, "typical_volume": 200.0, "trend": 2.444333, "fair_value": 2.683753, "relative_strength": 12.112599, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.9515, "energy": 83.640212, "activity_lines": [ 2.690667, 2.644545, 2.544, 2.463183 ] }, { "date": "2024-03-08", "close": 2.67, "volume": 0, "typical_volume": 200.0, "trend": 2.434333, "fair_value": 2.680869, "relative_strength": 12.977784, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.917832, "energy": 76.947578, "activity_lines": [ 2.682667, 2.664727, 2.566, 2.477742 ] }, { "date": "2024-03-15", "close": 2.67, "volume": 0, "typical_volume": 200.0, "trend": 2.424333, "fair_value": 2.678419, "relative_strength": 10.206485, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.392804, "energy": 76.119559, "activity_lines": [ 2.676667, 2.677091, 2.58481, 2.492946 ] }, { "date": "2024-03-22", "close": 2.66, "volume": 0, "typical_volume": 200.0, "trend": 2.413333, "fair_value": 2.677155, "relative_strength": 10.985823, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.718581, "energy": 71.709098, "activity_lines": [ 2.669333, 2.679818, 2.599714, 2.508151 ] }, { "date": "2024-03-29", "close": 2.66, "volume": 0, "typical_volume": 200.0, "trend": 2.407, "fair_value": 2.676543, "relative_strength": 10.381942, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.495805, "energy": 77.475284, "activity_lines": [ 2.664667, 2.674909, 2.611714, 2.524065 ] }, { "date": "2024-04-05", "close": 2.66, "volume": 0, "typical_volume": 200.0, "trend": 2.407667, "fair_value": 2.675932, "relative_strength": 8.892239, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.125761, "energy": 74.163713, "activity_lines": [ 2.662, 2.670727, 2.62081, 2.540387 ] }, { "date": "2024-04-12", "close": 2.66, "volume": 0, "typical_volume": 200.0, "trend": 2.43, "fair_value": 2.6757, "relative_strength": 8.612296, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.868771, "energy": 56.883309, "activity_lines": [ 2.660667, 2.667273, 2.630286, 2.556667 ] }, { "date": "2024-04-19", "close": 2.66, "volume": 0, "typical_volume": 200.0, "trend": 2.449333, "fair_value": 2.675523, "relative_strength": 11.606583, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.999997, "energy": 83.549993, "activity_lines": [ 2.66, 2.664545, 2.639762, 2.571505 ] }, { "date": "2024-04-26", "close": 2.66, "volume": 0, "typical_volume": 200.0, "trend": 2.468667, "fair_value": 2.675292, "relative_strength": 2.470676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.999998, "energy": 83.549994, "activity_lines": [ 2.66, 2.662545, 2.647048, 2.585097 ] }, { "date": "2024-05-03", "close": 2.66, "volume": 0, "typical_volume": 200.0, "trend": 2.488, "fair_value": 2.674789, "relative_strength": -2.139451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.999996, "energy": 83.54999, "activity_lines": [ 2.66, 2.661273, 2.652143, 2.597441 ] }, { "date": "2024-05-10", "close": 2.67, "volume": 0, "typical_volume": 200.0, "trend": 2.513667, "fair_value": 2.675057, "relative_strength": -4.261552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.170924, "energy": 96.559667, "activity_lines": [ 2.663333, 2.662364, 2.658, 2.609183 ] }, { "date": "2024-05-17", "close": 2.67, "volume": 0, "typical_volume": 200.0, "trend": 2.536, "fair_value": 2.675053, "relative_strength": -7.047007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.656869, "energy": 74.979711, "activity_lines": [ 2.666, 2.663636, 2.663619, 2.619269 ] }, { "date": "2024-05-24", "close": 2.85, "volume": 20000, "typical_volume": 1200.0, "trend": 2.562667, "fair_value": 2.676583, "relative_strength": 4.219584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.931714, "energy": 78.487265, "activity_lines": [ 2.728, 2.697636, 2.684333, 2.639527 ] }, { "date": "2024-05-31", "close": 2.85, "volume": 0, "typical_volume": 1200.0, "trend": 2.589333, "fair_value": 2.678113, "relative_strength": 7.147692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.246649, "energy": 79.034031, "activity_lines": [ 2.777333, 2.728364, 2.702143, 2.658065 ] }, { "date": "2024-06-07", "close": 2.85, "volume": 0, "typical_volume": 1200.0, "trend": 2.616, "fair_value": 2.679643, "relative_strength": 5.337892, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 96.712471, "energy": 78.849255, "activity_lines": [ 2.814, 2.755636, 2.717048, 2.674882 ] }, { "date": "2024-06-14", "close": 2.85, "volume": 0, "typical_volume": 1100.0, "trend": 2.619667, "fair_value": 2.681119, "relative_strength": 7.579945, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.35513, "energy": 74.874281, "activity_lines": [ 2.838, 2.779455, 2.731238, 2.689978 ] }, { "date": "2024-06-21", "close": 2.84, "volume": 0, "typical_volume": 1100.0, "trend": 2.625667, "fair_value": 2.681279, "relative_strength": 6.572788, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.666526, "energy": 89.033003, "activity_lines": [ 2.846667, 2.798, 2.743762, 2.704194 ] }, { "date": "2024-06-28", "close": 2.84, "volume": 0, "typical_volume": 1100.0, "trend": 2.647, "fair_value": 2.682021, "relative_strength": 8.33735, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.331243, "energy": 86.541534, "activity_lines": [ 2.844, 2.813273, 2.755619, 2.718022 ] }, { "date": "2024-07-05", "close": 2.84, "volume": 0, "typical_volume": 1100.0, "trend": 2.668333, "fair_value": 2.683113, "relative_strength": 7.820441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.981489, "energy": 68.055117, "activity_lines": [ 2.842, 2.825273, 2.76681, 2.730473 ] }, { "date": "2024-07-12", "close": 2.84, "volume": 0, "typical_volume": 1000.0, "trend": 2.675667, "fair_value": 2.684146, "relative_strength": 4.823207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.565919, "energy": 67.388645, "activity_lines": [ 2.840667, 2.834, 2.777333, 2.741548 ] }, { "date": "2024-07-19", "close": 2.83, "volume": 0, "typical_volume": 1000.0, "trend": 2.682667, "fair_value": 2.684301, "relative_strength": 9.549613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.917415, "energy": 63.007627, "activity_lines": [ 2.836667, 2.837636, 2.78619, 2.751505 ] }, { "date": "2024-07-26", "close": 2.82, "volume": 0, "typical_volume": 1000.0, "trend": 2.702, "fair_value": 2.684391, "relative_strength": 11.407411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.768629, "energy": 60.576009, "activity_lines": [ 2.830667, 2.836545, 2.793381, 2.760366 ] }, { "date": "2024-08-02", "close": 2.82, "volume": 0, "typical_volume": 1000.0, "trend": 2.721333, "fair_value": 2.684714, "relative_strength": 11.697534, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.126094, "energy": 56.663555, "activity_lines": [ 2.826, 2.832727, 2.799857, 2.767978 ] }, { "date": "2024-08-09", "close": 2.82, "volume": 0, "typical_volume": 1000.0, "trend": 2.740667, "fair_value": 2.683, "relative_strength": 10.618789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.726724, "energy": 51.034784, "activity_lines": [ 2.822667, 2.829455, 2.805619, 2.774344 ] }, { "date": "2024-08-16", "close": 2.8, "volume": 0, "typical_volume": 1000.0, "trend": 2.744, "fair_value": 2.682438, "relative_strength": 7.759061, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.268234, "energy": 39.419047, "activity_lines": [ 2.814, 2.823091, 2.808714, 2.778172 ] }, { "date": "2024-08-23", "close": 2.79, "volume": 0, "typical_volume": 1000.0, "trend": 2.747, "fair_value": 2.681928, "relative_strength": 6.355582, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 34.387874, "energy": 65.798189, "activity_lines": [ 2.804667, 2.815818, 2.81019, 2.78114 ] }, { "date": "2024-08-30", "close": 2.7, "volume": 0, "typical_volume": 1000.0, "trend": 2.747, "fair_value": 2.679619, "relative_strength": 0.832372, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -36.373624, "energy": 57.227365, "activity_lines": [ 2.768, 2.793273, 2.802476, 2.778108 ] }, { "date": "2024-09-06", "close": 2.7, "volume": 0, "typical_volume": 1000.0, "trend": 2.747, "fair_value": 2.67766, "relative_strength": 3.850596, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -58.417315, "energy": 85.41784, "activity_lines": [ 2.739333, 2.773273, 2.794571, 2.775075 ] }, { "date": "2024-09-13", "close": 2.7, "volume": 0, "typical_volume": 1000.0, "trend": 2.747, "fair_value": 2.675933, "relative_strength": 3.684803, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -56.205995, "energy": 84.670486, "activity_lines": [ 2.718667, 2.755818, 2.786476, 2.772043 ] }, { "date": "2024-09-20", "close": 2.7, "volume": 0, "typical_volume": 1000.0, "trend": 2.747333, "fair_value": 2.674206, "relative_strength": -1.778114, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.340264, "energy": 60.51893, "activity_lines": [ 2.706, 2.740909, 2.77819, 2.769011 ] }, { "date": "2024-09-27", "close": 2.7, "volume": 0, "typical_volume": 1000.0, "trend": 2.748, "fair_value": 2.672479, "relative_strength": -13.234429, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.332485, "energy": 75.964697, "activity_lines": [ 2.7, 2.728545, 2.769714, 2.765957 ] }, { "date": "2024-10-04", "close": 2.74, "volume": 36000, "typical_volume": 2800.0, "trend": 2.750333, "fair_value": 2.671475, "relative_strength": -20.115038, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.682406, "energy": 37.095822, "activity_lines": [ 2.713333, 2.725818, 2.764905, 2.765441 ] }, { "date": "2024-10-11", "close": 2.45, "volume": 20000, "typical_volume": 2800.0, "trend": 2.743, "fair_value": 2.668611, "relative_strength": -23.663068, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -66.10127, "energy": 58.384182, "activity_lines": [ 2.627333, 2.671818, 2.732143, 2.746065 ] }, { "date": "2024-10-18", "close": 2.45, "volume": 0, "typical_volume": 2800.0, "trend": 2.736, "fair_value": 2.665689, "relative_strength": -22.032567, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -91.904118, "energy": 75.525707, "activity_lines": [ 2.558, 2.624545, 2.701286, 2.727161 ] }, { "date": "2024-10-25", "close": 2.45, "volume": 0, "typical_volume": 2800.0, "trend": 2.729, "fair_value": 2.663058, "relative_strength": -21.234057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.262701, "energy": 73.891063, "activity_lines": [ 2.505333, 2.584, 2.672333, 2.70871 ] }, { "date": "2024-11-01", "close": 2.29, "volume": 14000, "typical_volume": 3500.0, "trend": 2.716667, "fair_value": 2.659809, "relative_strength": -26.036121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.828626, "energy": 97.280453, "activity_lines": [ 2.416, 2.520727, 2.630048, 2.680387 ] }, { "date": "2024-11-08", "close": 2.15, "volume": 15000, "typical_volume": 4250.0, "trend": 2.699667, "fair_value": 2.655721, "relative_strength": -31.165483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.064347, "energy": 98.0358, "activity_lines": [ 2.307333, 2.441091, 2.577095, 2.643828 ] }, { "date": "2024-11-15", "close": 2.15, "volume": 0, "typical_volume": 4250.0, "trend": 2.682667, "fair_value": 2.651458, "relative_strength": -26.115913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.745503, "energy": 96.239444, "activity_lines": [ 2.238, 2.371455, 2.527429, 2.608366 ] }, { "date": "2024-11-22", "close": 2.15, "volume": 0, "typical_volume": 4250.0, "trend": 2.665667, "fair_value": 2.647486, "relative_strength": -24.97926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.089539, "energy": 92.813453, "activity_lines": [ 2.188667, 2.311818, 2.481048, 2.574 ] }, { "date": "2024-11-29", "close": 2.15, "volume": 0, "typical_volume": 4250.0, "trend": 2.648667, "fair_value": 2.643514, "relative_strength": -25.534727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.699562, "energy": 90.223016, "activity_lines": [ 2.159333, 2.262182, 2.437952, 2.540731 ] }, { "date": "2024-12-06", "close": 2.15, "volume": 0, "typical_volume": 4250.0, "trend": 2.631333, "fair_value": 2.639543, "relative_strength": -26.942338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.514656, "energy": 86.585077, "activity_lines": [ 2.15, 2.222545, 2.398143, 2.508559 ] }, { "date": "2024-12-13", "close": 2.15, "volume": 0, "typical_volume": 4250.0, "trend": 2.614, "fair_value": 2.635571, "relative_strength": -26.868662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.953418, "energy": 67.665662, "activity_lines": [ 2.15, 2.192909, 2.361571, 2.477505 ] }, { "date": "2024-12-20", "close": 1.6, "volume": 38000, "typical_volume": 6150.0, "trend": 2.572333, "fair_value": 2.627782, "relative_strength": -44.309013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.417442, "energy": 77.908388, "activity_lines": [ 1.966667, 2.074, 2.27581, 2.412086 ] }, { "date": "2024-12-27", "close": 1.6, "volume": 0, "typical_volume": 6150.0, "trend": 2.530667, "fair_value": 2.619994, "relative_strength": -44.957933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.034568, "energy": 77.648894, "activity_lines": [ 1.82, 1.970545, 2.195857, 2.349355 ] }, { "date": "2025-01-03", "close": 1.6, "volume": 0, "typical_volume": 6150.0, "trend": 2.489, "fair_value": 2.610692, "relative_strength": -43.629885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.514719, "energy": 96.671791, "activity_lines": [ 1.71, 1.882545, 2.121714, 2.289312 ] }, { "date": "2025-01-10", "close": 1.6, "volume": 0, "typical_volume": 6150.0, "trend": 2.447333, "fair_value": 2.601739, "relative_strength": -41.146768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.281916, "energy": 93.098614, "activity_lines": [ 1.636667, 1.81, 2.053286, 2.231957 ] }, { "date": "2025-01-17", "close": 1.62, "volume": 3000, "typical_volume": 6300.0, "trend": 2.406667, "fair_value": 2.593671, "relative_strength": -41.250667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.33295, "energy": 88.565742, "activity_lines": [ 1.606667, 1.753636, 1.992429, 2.178581 ] }, { "date": "2025-01-24", "close": 1.58, "volume": 15000, "typical_volume": 7050.0, "trend": 2.364667, "fair_value": 2.585289, "relative_strength": -43.377981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.017732, "energy": 91.24563, "activity_lines": [ 1.598667, 1.699636, 1.932905, 2.125247 ] }, { "date": "2025-01-31", "close": 1.58, "volume": 12000, "typical_volume": 7650.0, "trend": 2.322667, "fair_value": 2.576907, "relative_strength": -43.069482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.492255, "energy": 90.60907, "activity_lines": [ 1.592, 1.656, 1.878714, 2.074624 ] }, { "date": "2025-02-07", "close": 1.63, "volume": 5000, "typical_volume": 7900.0, "trend": 2.282333, "fair_value": 2.56768, "relative_strength": -43.03943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.316033, "energy": 68.524582, "activity_lines": [ 1.603333, 1.631818, 1.834619, 2.029935 ] }, { "date": "2025-02-14", "close": 1.65, "volume": 8000, "typical_volume": 8300.0, "trend": 2.243, "fair_value": 2.561202, "relative_strength": -45.41487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.912924, "energy": 67.888249, "activity_lines": [ 1.619333, 1.620727, 1.797524, 1.98914 ] }, { "date": "2025-02-21", "close": 1.65, "volume": 0, "typical_volume": 6500.0, "trend": 2.204, "fair_value": 2.554724, "relative_strength": -46.714369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.355622, "energy": 63.72738, "activity_lines": [ 1.632, 1.618727, 1.765429, 1.950882 ] }, { "date": "2025-02-28", "close": 1.45, "volume": 0, "typical_volume": 5500.0, "trend": 2.158333, "fair_value": 2.547021, "relative_strength": -51.380783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.341722, "energy": 76.013399, "activity_lines": [ 1.576, 1.589455, 1.719476, 1.902237 ] }, { "date": "2025-03-07", "close": 1.35, "volume": 80000, "typical_volume": 9500.0, "trend": 2.109333, "fair_value": 2.538678, "relative_strength": -56.450728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.964362, "energy": 76.845352, "activity_lines": [ 1.495333, 1.544727, 1.668762, 1.850086 ] }, { "date": "2025-03-14", "close": 1.63, "volume": 5000, "typical_volume": 9750.0, "trend": 2.070333, "fair_value": 2.532828, "relative_strength": -46.080001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.142303, "energy": 64.339083, "activity_lines": [ 1.523333, 1.555455, 1.649952, 1.819161 ] }, { "date": "2025-03-21", "close": 1.65, "volume": 0, "typical_volume": 9050.0, "trend": 2.032333, "fair_value": 2.527106, "relative_strength": -44.014346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.168241, "energy": 66.535612, "activity_lines": [ 1.558, 1.569273, 1.636952, 1.792043 ] }, { "date": "2025-03-28", "close": 1.65, "volume": 0, "typical_volume": 8300.0, "trend": 1.997333, "fair_value": 2.521385, "relative_strength": -42.583412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.768462, "energy": 58.053236, "activity_lines": [ 1.592667, 1.582182, 1.627, 1.767376 ] }, { "date": "2025-04-04", "close": 1.55, "volume": 0, "typical_volume": 8300.0, "trend": 1.959, "fair_value": 2.513741, "relative_strength": -43.899442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.892735, "energy": 43.504726, "activity_lines": [ 1.594, 1.576364, 1.609905, 1.738516 ] }, { "date": "2025-04-11", "close": 1.5, "volume": 6000, "typical_volume": 8600.0, "trend": 1.919, "fair_value": 2.505777, "relative_strength": -39.850231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.500042, "energy": 51.730003, "activity_lines": [ 1.572, 1.562, 1.590905, 1.708903 ] }, { "date": "2025-04-18", "close": 1.48, "volume": 0, "typical_volume": 8600.0, "trend": 1.878333, "fair_value": 2.497918, "relative_strength": -41.084346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.20858, "energy": 62.729096, "activity_lines": [ 1.533333, 1.545455, 1.573095, 1.680581 ] }, { "date": "2025-04-25", "close": 1.48, "volume": 0, "typical_volume": 8600.0, "trend": 1.837667, "fair_value": 2.490525, "relative_strength": -41.86008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.341375, "energy": 66.87019, "activity_lines": [ 1.504667, 1.531636, 1.558476, 1.654882 ] }, { "date": "2025-05-02", "close": 1.48, "volume": 0, "typical_volume": 8600.0, "trend": 1.795667, "fair_value": 2.483131, "relative_strength": -42.466487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.052973, "energy": 65.471494, "activity_lines": [ 1.487333, 1.520909, 1.547048, 1.631806 ] }, { "date": "2025-05-09", "close": 1.4, "volume": 0, "typical_volume": 6700.0, "trend": 1.760667, "fair_value": 2.47569, "relative_strength": -45.713708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.861364, "energy": 79.574795, "activity_lines": [ 1.454667, 1.498727, 1.53119, 1.60628 ] }, { "date": "2025-05-16", "close": 1.69, "volume": 1000, "typical_volume": 6750.0, "trend": 1.735333, "fair_value": 2.470109, "relative_strength": -35.098517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.141142, "energy": 29.345971, "activity_lines": [ 1.528667, 1.530182, 1.543905, 1.60172 ] }, { "date": "2025-05-23", "close": 1.48, "volume": 32000, "typical_volume": 8350.0, "trend": 1.703, "fair_value": 2.463297, "relative_strength": -42.889666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.43055, "energy": 29.753337, "activity_lines": [ 1.52, 1.517273, 1.53619, 1.585247 ] }, { "date": "2025-05-30", "close": 1.48, "volume": 0, "typical_volume": 8350.0, "trend": 1.676, "fair_value": 2.456311, "relative_strength": -41.15617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.546848, "energy": 29.241201, "activity_lines": [ 1.511333, 1.507091, 1.529048, 1.57086 ] }, { "date": "2025-06-06", "close": 1.48, "volume": 0, "typical_volume": 8200.0, "trend": 1.653667, "fair_value": 2.449325, "relative_strength": -41.430009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.05541, "energy": 23.004173, "activity_lines": [ 1.502667, 1.5, 1.522476, 1.558215 ] }, { "date": "2025-06-13", "close": 1.45, "volume": 2000, "typical_volume": 7550.0, "trend": 1.630333, "fair_value": 2.441797, "relative_strength": -41.823442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.770409, "energy": 60.399781, "activity_lines": [ 1.484, 1.490545, 1.513714, 1.545075 ] }, { "date": "2025-06-20", "close": 1.42, "volume": 0, "typical_volume": 6950.0, "trend": 1.606, "fair_value": 2.434077, "relative_strength": -41.095123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.780315, "energy": 74.11579, "activity_lines": [ 1.452, 1.477455, 1.502714, 1.531505 ] }, { "date": "2025-06-27", "close": 1.42, "volume": 0, "typical_volume": 6700.0, "trend": 1.581667, "fair_value": 2.425716, "relative_strength": -41.811234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.785828, "energy": 73.8593, "activity_lines": [ 1.438, 1.465818, 1.492476, 1.519505 ] }, { "date": "2025-07-04", "close": 1.42, "volume": 0, "typical_volume": 6300.0, "trend": 1.557333, "fair_value": 2.418421, "relative_strength": -39.760796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.779451, "energy": 77.575383, "activity_lines": [ 1.428, 1.455273, 1.483238, 1.509075 ] }, { "date": "2025-07-11", "close": 1.42, "volume": 0, "typical_volume": 6300.0, "trend": 1.533, "fair_value": 2.41125, "relative_strength": -39.174242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.308164, "energy": 74.957962, "activity_lines": [ 1.422, 1.445818, 1.475095, 1.500215 ] }, { "date": "2025-07-18", "close": 1.53, "volume": 0, "typical_volume": 6300.0, "trend": 1.530667, "fair_value": 2.40466, "relative_strength": -34.969499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.358038, "energy": 30.430513, "activity_lines": [ 1.456667, 1.457455, 1.478524, 1.500022 ] }, { "date": "2025-07-25", "close": 1.53, "volume": 0, "typical_volume": 2300.0, "trend": 1.528333, "fair_value": 2.398506, "relative_strength": -35.020894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.921357, "energy": 14.85544, "activity_lines": [ 1.486, 1.466727, 1.481571, 1.499978 ] }, { "date": "2025-08-01", "close": 1.65, "volume": 35000, "typical_volume": 3800.0, "trend": 1.53, "fair_value": 2.393246, "relative_strength": -25.883907, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.287256, "energy": 36.277603, "activity_lines": [ 1.548, 1.500727, 1.49519, 1.507828 ] }, { "date": "2025-08-08", "close": 1.43, "volume": 65000, "typical_volume": 7050.0, "trend": 1.524333, "fair_value": 2.385391, "relative_strength": -35.198529, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.640123, "energy": 25.822209, "activity_lines": [ 1.521333, 1.491636, 1.487762, 1.501376 ] }, { "date": "2025-08-15", "close": 1.41, "volume": 3000, "typical_volume": 7200.0, "trend": 1.517333, "fair_value": 2.378281, "relative_strength": -35.683893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.159569, "energy": 21.472631, "activity_lines": [ 1.487333, 1.479818, 1.479476, 1.494 ] }, { "date": "2025-08-22", "close": 1.28, "volume": 1000, "typical_volume": 7250.0, "trend": 1.507333, "fair_value": 2.368031, "relative_strength": -40.346107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.458135, "energy": 72.662928, "activity_lines": [ 1.410667, 1.445636, 1.459952, 1.478688 ] }, { "date": "2025-08-29", "close": 1.28, "volume": 0, "typical_volume": 6950.0, "trend": 1.497333, "fair_value": 2.357157, "relative_strength": -38.336948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.814414, "energy": 88.062003, "activity_lines": [ 1.350667, 1.414545, 1.441714, 1.464022 ] }, { "date": "2025-09-05", "close": 1.3, "volume": 29000, "typical_volume": 8400.0, "trend": 1.486333, "fair_value": 2.346412, "relative_strength": -36.687713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.700583, "energy": 76.922276, "activity_lines": [ 1.314, 1.389636, 1.426429, 1.45129 ] }, { "date": "2025-09-12", "close": 1.3, "volume": 1000, "typical_volume": 8450.0, "trend": 1.474667, "fair_value": 2.335666, "relative_strength": -37.433893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.351957, "energy": 74.57808, "activity_lines": [ 1.300667, 1.366909, 1.412, 1.439269 ] }, { "date": "2025-09-19", "close": 1.45, "volume": 0, "typical_volume": 8450.0, "trend": 1.468, "fair_value": 2.326755, "relative_strength": -29.010524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.786251, "energy": 38.940662, "activity_lines": [ 1.346, 1.373636, 1.412714, 1.437677 ] }, { "date": "2025-09-26", "close": 1.35, "volume": 13000, "typical_volume": 9100.0, "trend": 1.464667, "fair_value": 2.31951, "relative_strength": -31.495892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.897662, "energy": 30.343323, "activity_lines": [ 1.355333, 1.361636, 1.404048, 1.430065 ] }, { "date": "2025-10-03", "close": 1.45, "volume": 0, "typical_volume": 9050.0, "trend": 1.468, "fair_value": 2.31197, "relative_strength": -27.934334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.983561, "energy": 15.152096, "activity_lines": [ 1.393333, 1.371091, 1.405143, 1.429118 ] }, { "date": "2025-10-10", "close": 1.45, "volume": 0, "typical_volume": 7450.0, "trend": 1.462, "fair_value": 2.304057, "relative_strength": -24.423868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.263979, "energy": 17.090402, "activity_lines": [ 1.42, 1.382, 1.407381, 1.427957 ] }, { "date": "2025-10-17", "close": 1.35, "volume": 10000, "typical_volume": 7950.0, "trend": 1.452, "fair_value": 2.295814, "relative_strength": -25.465748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.522415, "energy": 16.156464, "activity_lines": [ 1.403333, 1.378364, 1.400238, 1.420731 ] }, { "date": "2025-10-24", "close": 1.35, "volume": 0, "typical_volume": 7950.0, "trend": 1.442, "fair_value": 2.287571, "relative_strength": -26.743959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.139404, "energy": 15.215711, "activity_lines": [ 1.383333, 1.376182, 1.393714, 1.414151 ] }, { "date": "2025-10-31", "close": 1.35, "volume": 0, "typical_volume": 7850.0, "trend": 1.435333, "fair_value": 2.28045, "relative_strength": -24.804471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.563731, "energy": 22.651664, "activity_lines": [ 1.37, 1.375091, 1.38781, 1.408215 ] }, { "date": "2025-11-07", "close": 1.35, "volume": 0, "typical_volume": 7850.0, "trend": 1.430333, "fair_value": 2.272706, "relative_strength": -24.672103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.317543, "energy": 31.913292, "activity_lines": [ 1.356667, 1.372727, 1.382381, 1.40271 ] }, { "date": "2025-11-14", "close": 1.24, "volume": 0, "typical_volume": 7850.0, "trend": 1.422333, "fair_value": 2.264257, "relative_strength": -30.416646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.076792, "energy": 52.813225, "activity_lines": [ 1.313333, 1.349091, 1.36681, 1.39043 ] }, { "date": "2025-11-21", "close": 1.27, "volume": 2000, "typical_volume": 7950.0, "trend": 1.415333, "fair_value": 2.256312, "relative_strength": -23.564613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.613822, "energy": 58.630754, "activity_lines": [ 1.294, 1.332, 1.354952, 1.380602 ] }, { "date": "2025-11-28", "close": 1.3, "volume": 7000, "typical_volume": 8300.0, "trend": 1.409333, "fair_value": 2.248559, "relative_strength": -22.322173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.18946, "energy": 55.817109, "activity_lines": [ 1.29, 1.320909, 1.346667, 1.373161 ] }, { "date": "2025-12-05", "close": 1.28, "volume": 103000, "typical_volume": 13450.0, "trend": 1.405333, "fair_value": 2.240429, "relative_strength": -22.823852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.569204, "energy": 64.859405, "activity_lines": [ 1.282667, 1.308909, 1.337048, 1.364817 ] }, { "date": "2025-12-12", "close": 1.14, "volume": 11000, "typical_volume": 14000.0, "trend": 1.387, "fair_value": 2.231401, "relative_strength": -29.621022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.420707, "energy": 79.423722, "activity_lines": [ 1.233333, 1.272727, 1.315286, 1.347699 ] }, { "date": "2025-12-19", "close": 1.14, "volume": 0, "typical_volume": 12250.0, "trend": 1.375667, "fair_value": 2.222373, "relative_strength": -28.020822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.788248, "energy": 87.463451, "activity_lines": [ 1.198, 1.242182, 1.295381, 1.331763 ] }, { "date": "2025-12-26", "close": 1.14, "volume": 0, "typical_volume": 9000.0, "trend": 1.364333, "fair_value": 2.213345, "relative_strength": -27.577092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.09315, "energy": 91.968043, "activity_lines": [ 1.169333, 1.217273, 1.277905, 1.316559 ] }, { "date": "2026-01-02", "close": 1.14, "volume": 0, "typical_volume": 8850.0, "trend": 1.353, "fair_value": 2.204317, "relative_strength": -28.151543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.110023, "energy": 90.206464, "activity_lines": [ 1.149333, 1.196182, 1.26181, 1.302086 ] }, { "date": "2026-01-09", "close": 1.16, "volume": 0, "typical_volume": 8800.0, "trend": 1.343333, "fair_value": 2.195418, "relative_strength": -25.651346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.978494, "energy": 87.530275, "activity_lines": [ 1.146667, 1.182545, 1.248905, 1.289634 ] }, { "date": "2026-01-16", "close": 1.18, "volume": 0, "typical_volume": 8800.0, "trend": 1.335333, "fair_value": 2.186646, "relative_strength": -25.15895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.465383, "energy": 86.336086, "activity_lines": [ 1.158667, 1.176, 1.238476, 1.279097 ] }, { "date": "2026-01-23", "close": 1.21, "volume": 8000, "typical_volume": 7750.0, "trend": 1.328333, "fair_value": 2.178067, "relative_strength": -22.12807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.856394, "energy": 58.217455, "activity_lines": [ 1.178, 1.178, 1.231381, 1.271011 ] }, { "date": "2026-01-30", "close": 1.17, "volume": 83000, "typical_volume": 11850.0, "trend": 1.32, "fair_value": 2.169232, "relative_strength": -25.583225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.880649, "energy": 44.279083, "activity_lines": [ 1.179333, 1.173273, 1.220905, 1.260796 ] }, { "date": "2026-02-06", "close": 1.11, "volume": 0, "typical_volume": 11850.0, "trend": 1.309667, "fair_value": 2.160011, "relative_strength": -26.328685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.659452, "energy": 54.188317, "activity_lines": [ 1.158667, 1.159455, 1.205333, 1.247247 ] }, { "date": "2026-02-13", "close": 1.11, "volume": 1000, "typical_volume": 11250.0, "trend": 1.295667, "fair_value": 2.150854, "relative_strength": -25.562207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.743172, "energy": 63.231556, "activity_lines": [ 1.14, 1.149091, 1.191381, 1.234366 ] }, { "date": "2026-02-20", "close": 1.11, "volume": 0, "typical_volume": 11250.0, "trend": 1.281667, "fair_value": 2.139389, "relative_strength": -24.396975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.310437, "energy": 67.346868, "activity_lines": [ 1.124667, 1.141818, 1.178571, 1.222387 ] }, { "date": "2026-02-27", "close": 1.1, "volume": 1000, "typical_volume": 11300.0, "trend": 1.263333, "fair_value": 2.12892, "relative_strength": -25.121823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.336243, "energy": 81.307202, "activity_lines": [ 1.110667, 1.133273, 1.166429, 1.210667 ] }, { "date": "2026-03-06", "close": 1.1, "volume": 0, "typical_volume": 10800.0, "trend": 1.252333, "fair_value": 2.118451, "relative_strength": -22.230599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.829229, "energy": 86.073196, "activity_lines": [ 1.104, 1.125455, 1.155952, 1.200129 ] }, { "date": "2026-03-13", "close": 1.1, "volume": 0, "typical_volume": 10800.0, "trend": 1.242, "fair_value": 2.107982, "relative_strength": -20.649699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.163889, "energy": 88.506782, "activity_lines": [ 1.102, 1.118364, 1.146667, 1.190301 ] }, { "date": "2026-03-20", "close": 1.1, "volume": 0, "typical_volume": 10800.0, "trend": 1.236, "fair_value": 2.09689, "relative_strength": -19.313754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.480019, "energy": 86.117516, "activity_lines": [ 1.100667, 1.112, 1.138571, 1.18114 ] }, { "date": "2026-03-27", "close": 1.1, "volume": 3000, "typical_volume": 10950.0, "trend": 1.23, "fair_value": 2.085797, "relative_strength": -17.4862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.720114, "energy": 81.656835, "activity_lines": [ 1.1, 1.106727, 1.131667, 1.172366 ] }, { "date": "2026-04-03", "close": 1.1, "volume": 0, "typical_volume": 10950.0, "trend": 1.223333, "fair_value": 2.074705, "relative_strength": -17.311653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.462296, "energy": 62.353979, "activity_lines": [ 1.1, 1.102909, 1.125952, 1.163978 ] }, { "date": "2026-04-10", "close": 1.1, "volume": 2000, "typical_volume": 10950.0, "trend": 1.216667, "fair_value": 2.063613, "relative_strength": -18.932341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.506116, "energy": 60.664786, "activity_lines": [ 1.1, 1.101091, 1.120905, 1.156022 ] }, { "date": "2026-04-17", "close": 1.1, "volume": 12000, "typical_volume": 11200.0, "trend": 1.205, "fair_value": 2.05252, "relative_strength": -18.952281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.370343, "energy": 57.198718, "activity_lines": [ 1.1, 1.100545, 1.116667, 1.148495 ] }, { "date": "2026-04-24", "close": 1.1, "volume": 4000, "typical_volume": 6250.0, "trend": 1.196667, "fair_value": 2.041428, "relative_strength": -17.620626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.604635, "energy": 45.739658, "activity_lines": [ 1.1, 1.100182, 1.113381, 1.14172 ] }, { "date": "2026-05-01", "close": 1.1, "volume": 0, "typical_volume": 5700.0, "trend": 1.185, "fair_value": 2.030335, "relative_strength": -16.253059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.386672, "energy": 48.59766, "activity_lines": [ 1.1, 1.1, 1.110952, 1.135484 ] }, { "date": "2026-05-08", "close": 1.0, "volume": 29000, "typical_volume": 7150.0, "trend": 1.17, "fair_value": 2.018664, "relative_strength": -24.986121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.959576, "energy": 81.507136, "activity_lines": [ 1.066667, 1.081818, 1.09919, 1.123548 ] }, { "date": "2026-05-15", "close": 1.0, "volume": 12000, "typical_volume": 7750.0, "trend": 1.158333, "fair_value": 2.006993, "relative_strength": -22.744447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.347192, "energy": 95.092783, "activity_lines": [ 1.04, 1.065455, 1.088095, 1.112581 ] }, { "date": "2026-05-22", "close": 1.0, "volume": 2000, "typical_volume": 7850.0, "trend": 1.146667, "fair_value": 1.995322, "relative_strength": -20.946939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.035997, "energy": 93.725737, "activity_lines": [ 1.02, 1.050909, 1.077667, 1.102366 ] }, { "date": "2026-05-29", "close": 0.93, "volume": 5000, "typical_volume": 8100.0, "trend": 1.132667, "fair_value": 1.983202, "relative_strength": -24.461176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.224108, "energy": 98.662733, "activity_lines": [ 0.983333, 1.025455, 1.061238, 1.088387 ] }, { "date": "2026-06-05", "close": 0.93, "volume": 0, "typical_volume": 8100.0, "trend": 1.118667, "fair_value": 1.971083, "relative_strength": -23.03885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.064514, "energy": 97.207212, "activity_lines": [ 0.958, 1.003091, 1.045905, 1.075312 ] }, { "date": "2026-06-12", "close": 1.23, "volume": 92000, "typical_volume": 12300.0, "trend": 1.118333, "fair_value": 1.960886, "relative_strength": 3.239629, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -17.853716, "energy": 26.21996, "activity_lines": [ 1.044, 1.038364, 1.060333, 1.082495 ] }, { "date": "2026-06-19", "close": 1.15, "volume": 124000, "typical_volume": 14350.0, "trend": 1.114333, "fair_value": 1.950176, "relative_strength": 0.216398, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -8.673377, "energy": 12.50252, "activity_lines": [ 1.088, 1.056727, 1.067048, 1.084538 ] }, { "date": "2026-06-26", "close": 0.92, "volume": 0, "typical_volume": 14350.0, "trend": 1.101667, "fair_value": 1.937494, "relative_strength": -14.784718, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -56.740098, "energy": 28.075887, "activity_lines": [ 1.045333, 1.032364, 1.051952, 1.072 ] }, { "date": "2026-07-03", "close": 1.1, "volume": 14000, "typical_volume": 15000.0, "trend": 1.095667, "fair_value": 1.925962, "relative_strength": -0.578903, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.259234, "energy": 19.28522, "activity_lines": [ 1.068, 1.044, 1.054905, 1.071892 ] }, { "date": "2026-07-10", "close": 1.0, "volume": 0, "typical_volume": 15000.0, "trend": 1.091, "fair_value": 1.913846, "relative_strength": -12.078906, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.802107, "energy": 17.875499, "activity_lines": [ 1.046, 1.037455, 1.048381, 1.06572 ] }, { "date": "2026-07-17", "close": 0.99, "volume": 0, "typical_volume": 14950.0, "trend": 1.086, "fair_value": 1.901667, "relative_strength": -13.576685, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.929868, "energy": 31.288385, "activity_lines": [ 1.016, 1.030909, 1.041429, 1.059204 ] }, { "date": "2026-07-24", "close": 0.99, "volume": 0, "typical_volume": 14950.0, "trend": 1.081, "fair_value": 1.889487, "relative_strength": -14.236224, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.954632, "energy": 29.609068, "activity_lines": [ 1.002, 1.024545, 1.035, 1.053011 ] }, { "date": "2026-07-31", "close": 0.68, "volume": 137000, "typical_volume": 21800.0, "trend": 1.065667, "fair_value": 1.874808, "relative_strength": -42.201191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.51556, "energy": 74.56139, "activity_lines": [ 0.895333, 0.962, 0.999571, 1.02714 ] }, { "date": "2026-08-07", "close": 0.68, "volume": 24000, "typical_volume": 23000.0, "trend": 1.049667, "fair_value": 1.860128, "relative_strength": -40.938424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.495482, "energy": 85.43555, "activity_lines": [ 0.804667, 0.905273, 0.966143, 1.002258 ] }, { "date": "2026-08-14", "close": 0.67, "volume": 39000, "typical_volume": 24800.0, "trend": 1.032667, "fair_value": 1.845385, "relative_strength": -39.778053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.39159, "energy": 85.944305, "activity_lines": [ 0.738667, 0.851273, 0.933762, 0.977763 ] }, { "date": "2026-08-21", "close": 0.56, "volume": 1249000, "typical_volume": 87250.0, "trend": 1.011, "fair_value": 1.829808, "relative_strength": -50.773217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.349785, "energy": 90.076696, "activity_lines": [ 0.658, 0.782, 0.892952, 0.947269 ] }, { "date": "2026-08-28", "close": 0.58, "volume": 1453000, "typical_volume": 159800.0, "trend": 0.991333, "fair_value": 1.815256, "relative_strength": -47.514096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.681068, "energy": 86.538338, "activity_lines": [ 0.612667, 0.728545, 0.856619, 0.919462 ] }, { "date": "2026-09-04", "close": 0.63, "volume": 129000, "typical_volume": 165650.0, "trend": 0.975333, "fair_value": 1.802372, "relative_strength": -42.455194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.949725, "energy": 67.200706, "activity_lines": [ 0.611333, 0.694545, 0.827524, 0.896151 ] }, { "date": "2026-09-11", "close": 0.775, "volume": 33000, "typical_volume": 167100.0, "trend": 0.964167, "fair_value": 1.794583, "relative_strength": -26.199386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.973819, "energy": 54.068751, "activity_lines": [ 0.661667, 0.692182, 0.814476, 0.883226 ] } ], "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." } } }