{ "ticker": { "uuid": "022702e2-0642-4ccb-bc92-894ac69e16ea", "symbol": "IKA", "name": "Ilika plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "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": -70.928, "architecture_energy": 63.353, "architecture_maturity": 18.529, "architecture_confidence": 85.825, "architecture_tenure": "New", "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": 22.17, "rotation_up": 11.12, "upward_expansion": 12.59, "deceleration": 38.93, "rotation_down": 71.3, "downward_expansion": 88.26 }, "activity_lines": [ 0.270833, 0.280727, 0.300738, 0.30128 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 0.2575, "trend_reference": 0.305317, "distance_from_trend": -0.156613, "trend_direction": "Weakening", "fair_value": 0.328373, "distance_from_fair_value": -0.21583, "fair_value_direction": "Weakening", "relative_strength": -33.147855, "relative_strength_direction": "Weakening", "price_momentum": -0.207692, "excess_performance": -0.258928, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.156613, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.113997, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.21583, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.309786, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.331479, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.261247, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.207692, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.525576, "read": "Supply-led" } ], "volume": { "latest": 2536335, "relative_activity": 2.153676, "balance": 0.525576, "dry_up": 1.106123, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.123824, "annualized_volatility": 0.502816, "from_high_reference": -0.495098, "from_low_reference": 0.072917 }, "levels": { "trend_reference": 0.305317, "fair_value_reference": 0.328373, "structural_low": 0.24, "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": 35, "median_return": -0.030405, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.032567, "regime_survival": 0.828571, "best_return": 1.474227, "worst_return": -0.455319, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.042254, "positive_rate": 0.384615, "directional_follow_through": 0.615385, "median_excess_return": -0.062782, "regime_survival": 0.615385, "best_return": 0.692308, "worst_return": -0.527273, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.175439, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.222132, "regime_survival": 0.428571, "best_return": 0.425532, "worst_return": -0.375587, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.271911, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.328566, "regime_survival": 0.5, "best_return": 0.761702, "worst_return": -0.667967, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.139535, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": 0.104478, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": -0.081081, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.208955, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.019108, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-10-10", "tenure": "Developing", "return": 0.246753, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": -0.092308, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-02", "tenure": "Developing", "return": -0.085366, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-09", "end": "2026-01-16", "tenure": "New", "return": 0.027027, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-05-15", "tenure": "Established", "return": -0.042254, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": 0.073529, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": -0.085714, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-17", "tenure": "Developing", "return": -0.080645, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.104348, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 0.42, "volume": 491414, "typical_volume": 619202.2, "trend": 0.4582, "fair_value": 1.07364, "relative_strength": -5.750056, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.716154, "energy": 18.267514, "activity_lines": [ 0.457667, 0.436455, 0.43299, 0.439125 ] }, { "date": "2023-08-25", "close": 0.46, "volume": 667010, "typical_volume": 603533.85, "trend": 0.453533, "fair_value": 1.071793, "relative_strength": 3.307032, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.629505, "energy": 16.053455, "activity_lines": [ 0.457667, 0.443545, 0.434557, 0.439241 ] }, { "date": "2023-09-01", "close": 0.43, "volume": 171328, "typical_volume": 567171.85, "trend": 0.4467, "fair_value": 1.069433, "relative_strength": -3.566661, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.200254, "energy": 5.739174, "activity_lines": [ 0.447, 0.444182, 0.433171, 0.437723 ] }, { "date": "2023-09-08", "close": 0.405, "volume": 255860, "typical_volume": 508070.75, "trend": 0.441533, "fair_value": 1.065826, "relative_strength": -7.900222, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.065409, "energy": 19.011429, "activity_lines": [ 0.43, 0.439364, 0.429929, 0.435032 ] }, { "date": "2023-09-15", "close": 0.385, "volume": 406054, "typical_volume": 503089.1, "trend": 0.438367, "fair_value": 1.062474, "relative_strength": -13.914507, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.785356, "energy": 24.812337, "activity_lines": [ 0.411667, 0.430636, 0.425424, 0.431385 ] }, { "date": "2023-09-22", "close": 0.375, "volume": 575389, "typical_volume": 514173.6, "trend": 0.434033, "fair_value": 1.059979, "relative_strength": -14.875279, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.862708, "energy": 39.598918, "activity_lines": [ 0.396667, 0.419818, 0.420443, 0.427297 ] }, { "date": "2023-09-29", "close": 0.315, "volume": 636366, "typical_volume": 530655.15, "trend": 0.428367, "fair_value": 1.056499, "relative_strength": -26.859054, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.434083, "energy": 63.89278, "activity_lines": [ 0.364667, 0.397909, 0.410105, 0.419617 ] }, { "date": "2023-10-06", "close": 0.31, "volume": 392821, "typical_volume": 526953.45, "trend": 0.424367, "fair_value": 1.052762, "relative_strength": -25.991928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.348943, "energy": 70.981987, "activity_lines": [ 0.340667, 0.377545, 0.4001, 0.411981 ] }, { "date": "2023-10-13", "close": 0.35, "volume": 477607, "typical_volume": 508343.25, "trend": 0.423033, "fair_value": 1.049314, "relative_strength": -16.6811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.09838, "energy": 66.004956, "activity_lines": [ 0.338, 0.367182, 0.3945, 0.407183 ] }, { "date": "2023-10-20", "close": 0.3, "volume": 537939, "typical_volume": 518395.25, "trend": 0.420367, "fair_value": 1.045482, "relative_strength": -25.798529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.148528, "energy": 72.726969, "activity_lines": [ 0.322333, 0.350182, 0.384595, 0.399245 ] }, { "date": "2023-10-27", "close": 0.33, "volume": 607718, "typical_volume": 532706.45, "trend": 0.4177, "fair_value": 1.042033, "relative_strength": -16.381843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.668295, "energy": 57.537407, "activity_lines": [ 0.322333, 0.342, 0.378167, 0.393415 ] }, { "date": "2023-11-03", "close": 0.29, "volume": 286678, "typical_volume": 532253.25, "trend": 0.4127, "fair_value": 1.037945, "relative_strength": -27.051377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.475007, "energy": 52.579527, "activity_lines": [ 0.312, 0.328182, 0.36831, 0.385176 ] }, { "date": "2023-11-10", "close": 0.28, "volume": 393939, "typical_volume": 529458.05, "trend": 0.404033, "fair_value": 1.033677, "relative_strength": -28.276218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.221433, "energy": 58.575327, "activity_lines": [ 0.3, 0.315636, 0.358048, 0.376615 ] }, { "date": "2023-11-17", "close": 0.295, "volume": 525941, "typical_volume": 545534.3, "trend": 0.395867, "fair_value": 1.028917, "relative_strength": -25.772764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.885072, "energy": 48.203657, "activity_lines": [ 0.295, 0.308545, 0.34969, 0.369581 ] }, { "date": "2023-11-24", "close": 0.44, "volume": 2250402, "typical_volume": 639852.15, "trend": 0.394367, "fair_value": 1.025343, "relative_strength": 10.255127, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.73932, "energy": 15.619432, "activity_lines": [ 0.342, 0.329818, 0.355595, 0.372428 ] }, { "date": "2023-12-01", "close": 0.45, "volume": 492827, "typical_volume": 622907.05, "trend": 0.394367, "fair_value": 1.021768, "relative_strength": 11.337862, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.955099, "energy": 13.585223, "activity_lines": [ 0.383, 0.351909, 0.362119, 0.376017 ] }, { "date": "2023-12-08", "close": 0.465, "volume": 1414555, "typical_volume": 635927.8, "trend": 0.3937, "fair_value": 1.018418, "relative_strength": 13.793342, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.082232, "energy": 32.599969, "activity_lines": [ 0.421, 0.375364, 0.369667, 0.380574 ] }, { "date": "2023-12-15", "close": 0.425, "volume": 2000508, "typical_volume": 715575.4, "trend": 0.393367, "fair_value": 1.014683, "relative_strength": 2.948795, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.078645, "energy": 32.912287, "activity_lines": [ 0.434, 0.388818, 0.373333, 0.382594 ] }, { "date": "2023-12-22", "close": 0.4, "volume": 341812, "typical_volume": 659157.7, "trend": 0.391833, "fair_value": 1.004457, "relative_strength": -5.005243, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.84946, "energy": 34.124372, "activity_lines": [ 0.429, 0.395636, 0.374786, 0.383022 ] }, { "date": "2023-12-29", "close": 0.36, "volume": 704067, "typical_volume": 681511.75, "trend": 0.3895, "fair_value": 0.993654, "relative_strength": -15.316478, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 7.274516, "energy": 13.738952, "activity_lines": [ 0.403667, 0.394273, 0.372833, 0.380968 ] }, { "date": "2024-01-05", "close": 0.375, "volume": 906249, "typical_volume": 702253.5, "trend": 0.388333, "fair_value": 0.98071, "relative_strength": -11.750874, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.766553, "energy": 5.063084, "activity_lines": [ 0.388667, 0.394545, 0.372905, 0.380032 ] }, { "date": "2024-01-12", "close": 0.35, "volume": 950993, "typical_volume": 716452.65, "trend": 0.3865, "fair_value": 0.970803, "relative_strength": -16.972306, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.385661, "energy": 15.213809, "activity_lines": [ 0.370333, 0.389455, 0.37081, 0.377559 ] }, { "date": "2024-01-19", "close": 0.37, "volume": 1540606, "typical_volume": 784916.55, "trend": 0.386167, "fair_value": 0.956867, "relative_strength": -10.231411, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.752942, "energy": 15.34649, "activity_lines": [ 0.366333, 0.386909, 0.371143, 0.376495 ] }, { "date": "2024-01-26", "close": 0.355, "volume": 1072390, "typical_volume": 825743.05, "trend": 0.385, "fair_value": 0.944945, "relative_strength": -14.912932, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.630911, "energy": 21.734199, "activity_lines": [ 0.361, 0.38, 0.370333, 0.374484 ] }, { "date": "2024-02-02", "close": 0.36, "volume": 305891, "typical_volume": 820734.9, "trend": 0.384667, "fair_value": 0.930498, "relative_strength": -12.473208, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.7295, "energy": 20.715993, "activity_lines": [ 0.360333, 0.372909, 0.370238, 0.372871 ] }, { "date": "2024-02-09", "close": 0.32, "volume": 485809, "typical_volume": 816255.9, "trend": 0.383167, "fair_value": 0.917393, "relative_strength": -20.947381, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.664937, "energy": 32.129187, "activity_lines": [ 0.346333, 0.36, 0.366452, 0.368699 ] }, { "date": "2024-02-16", "close": 0.325, "volume": 230675, "typical_volume": 795971.35, "trend": 0.379, "fair_value": 0.904447, "relative_strength": -20.651595, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.944681, "energy": 36.287623, "activity_lines": [ 0.337667, 0.350364, 0.363405, 0.364946 ] }, { "date": "2024-02-23", "close": 0.34, "volume": 495746, "typical_volume": 801117.6, "trend": 0.375, "fair_value": 0.892877, "relative_strength": -16.325952, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.302078, "energy": 40.631977, "activity_lines": [ 0.335667, 0.346, 0.361738, 0.36243 ] }, { "date": "2024-03-01", "close": 0.36, "volume": 660067, "typical_volume": 810240.6, "trend": 0.370833, "fair_value": 0.883354, "relative_strength": -10.667854, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.543496, "energy": 32.847718, "activity_lines": [ 0.342333, 0.346818, 0.361833, 0.361462 ] }, { "date": "2024-03-08", "close": 0.34, "volume": 373150, "typical_volume": 802001.15, "trend": 0.366, "fair_value": 0.872104, "relative_strength": -15.033635, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.511432, "energy": 25.409217, "activity_lines": [ 0.342, 0.344727, 0.359976, 0.359473 ] }, { "date": "2024-03-15", "close": 0.32, "volume": 414767, "typical_volume": 792353.6, "trend": 0.362667, "fair_value": 0.862004, "relative_strength": -20.387744, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.68452, "energy": 29.557603, "activity_lines": [ 0.336333, 0.339364, 0.356024, 0.356505 ] }, { "date": "2024-03-22", "close": 0.28, "volume": 1286902, "typical_volume": 842364.8, "trend": 0.356667, "fair_value": 0.85152, "relative_strength": -31.722617, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.823453, "energy": 49.124004, "activity_lines": [ 0.317333, 0.327727, 0.34831, 0.351172 ] }, { "date": "2024-03-29", "close": 0.279, "volume": 1534513, "typical_volume": 899393.5, "trend": 0.351633, "fair_value": 0.840519, "relative_strength": -31.678464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.214728, "energy": 66.143034, "activity_lines": [ 0.301, 0.317182, 0.340548, 0.346161 ] }, { "date": "2024-04-05", "close": 0.285, "volume": 1370266, "typical_volume": 941609.75, "trend": 0.347633, "fair_value": 0.826997, "relative_strength": -29.292885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.444789, "energy": 71.740715, "activity_lines": [ 0.290733, 0.309382, 0.333362, 0.341862 ] }, { "date": "2024-04-12", "close": 0.285, "volume": 927733, "typical_volume": 875476.3, "trend": 0.3443, "fair_value": 0.814307, "relative_strength": -29.158097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.303475, "energy": 72.820938, "activity_lines": [ 0.285467, 0.302855, 0.326224, 0.337822 ] }, { "date": "2024-04-19", "close": 0.28, "volume": 475836, "typical_volume": 874626.75, "trend": 0.341133, "fair_value": 0.801553, "relative_strength": -28.628174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.703399, "energy": 70.038718, "activity_lines": [ 0.2822, 0.296782, 0.319348, 0.333673 ] }, { "date": "2024-04-26", "close": 0.305, "volume": 2174828, "typical_volume": 912640.4, "trend": 0.3408, "fair_value": 0.788799, "relative_strength": -23.873592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.384928, "energy": 45.467334, "activity_lines": [ 0.289933, 0.295982, 0.315662, 0.331342 ] }, { "date": "2024-05-03", "close": 0.295, "volume": 395531, "typical_volume": 832391.55, "trend": 0.3403, "fair_value": 0.776621, "relative_strength": -26.399439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.545384, "energy": 36.400829, "activity_lines": [ 0.292667, 0.293727, 0.311786, 0.328387 ] }, { "date": "2024-05-10", "close": 0.289629, "volume": 179767, "typical_volume": 824289.3, "trend": 0.338288, "fair_value": 0.765048, "relative_strength": -28.836085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.639219, "energy": 31.515676, "activity_lines": [ 0.292543, 0.291314, 0.308017, 0.325118 ] }, { "date": "2024-05-17", "close": 0.28, "volume": 736820, "typical_volume": 825926.95, "trend": 0.337621, "fair_value": 0.753925, "relative_strength": -30.459125, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.77692, "energy": 32.074361, "activity_lines": [ 0.288901, 0.28843, 0.303857, 0.321358 ] }, { "date": "2024-05-24", "close": 0.28, "volume": 622384, "typical_volume": 811733.7, "trend": 0.335954, "fair_value": 0.743249, "relative_strength": -28.890932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.901103, "energy": 38.925999, "activity_lines": [ 0.285592, 0.286637, 0.300078, 0.31764 ] }, { "date": "2024-05-31", "close": 0.275, "volume": 248368, "typical_volume": 776602.45, "trend": 0.335454, "fair_value": 0.732733, "relative_strength": -29.134043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.643049, "energy": 45.435233, "activity_lines": [ 0.280617, 0.284662, 0.296275, 0.313707 ] }, { "date": "2024-06-07", "close": 0.27, "volume": 350502, "typical_volume": 717097.25, "trend": 0.335121, "fair_value": 0.722121, "relative_strength": -29.549052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.977877, "energy": 48.737249, "activity_lines": [ 0.275975, 0.281869, 0.292353, 0.309485 ] }, { "date": "2024-06-14", "close": 0.27, "volume": 381288, "typical_volume": 682542.15, "trend": 0.334288, "fair_value": 0.713876, "relative_strength": -28.106807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.669943, "energy": 50.698306, "activity_lines": [ 0.273, 0.279239, 0.288907, 0.305283 ] }, { "date": "2024-06-21", "close": 0.255, "volume": 740772, "typical_volume": 704286.2, "trend": 0.328121, "fair_value": 0.70563, "relative_strength": -32.285165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.008349, "energy": 54.839884, "activity_lines": [ 0.266333, 0.274155, 0.284437, 0.300168 ] }, { "date": "2024-06-28", "close": 0.245, "volume": 261419, "typical_volume": 693066.7, "trend": 0.321288, "fair_value": 0.696073, "relative_strength": -33.747299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.138551, "energy": 65.945052, "activity_lines": [ 0.258, 0.267798, 0.279515, 0.294805 ] }, { "date": "2024-07-05", "close": 0.255, "volume": 1717509, "typical_volume": 767408.4, "trend": 0.314288, "fair_value": 0.687475, "relative_strength": -30.792832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.162928, "energy": 56.927761, "activity_lines": [ 0.255333, 0.263896, 0.275903, 0.290529 ] }, { "date": "2024-07-12", "close": 0.27, "volume": 1941950, "typical_volume": 839718.6, "trend": 0.309121, "fair_value": 0.679783, "relative_strength": -26.642427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.486297, "energy": 44.047598, "activity_lines": [ 0.259, 0.26363, 0.274052, 0.287671 ] }, { "date": "2024-07-19", "close": 0.27, "volume": 764717, "typical_volume": 844951.1, "trend": 0.304788, "fair_value": 0.671257, "relative_strength": -24.939149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.003707, "energy": 36.789345, "activity_lines": [ 0.262667, 0.263818, 0.272535, 0.285147 ] }, { "date": "2024-07-26", "close": 0.27, "volume": 546154, "typical_volume": 853601.3, "trend": 0.301788, "fair_value": 0.663565, "relative_strength": -25.230133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.59077, "energy": 24.978828, "activity_lines": [ 0.266333, 0.264364, 0.271446, 0.282903 ] }, { "date": "2024-08-02", "close": 0.265, "volume": 361791, "typical_volume": 850952.5, "trend": 0.298121, "fair_value": 0.655776, "relative_strength": -24.56314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.620488, "energy": 19.634746, "activity_lines": [ 0.267333, 0.264182, 0.270214, 0.28053 ] }, { "date": "2024-08-09", "close": 0.255, "volume": 352084, "typical_volume": 804211.6, "trend": 0.294954, "fair_value": 0.648373, "relative_strength": -26.254174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.786582, "energy": 24.502834, "activity_lines": [ 0.263667, 0.262455, 0.268292, 0.277748 ] }, { "date": "2024-08-16", "close": 0.255, "volume": 353591, "typical_volume": 745165.5, "trend": 0.291121, "fair_value": 0.64161, "relative_strength": -26.620589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.99024, "energy": 29.948255, "activity_lines": [ 0.26, 0.261091, 0.266489, 0.27517 ] }, { "date": "2024-08-23", "close": 0.24, "volume": 664248, "typical_volume": 709864.6, "trend": 0.287288, "fair_value": 0.633533, "relative_strength": -29.982494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.210979, "energy": 38.984417, "activity_lines": [ 0.252333, 0.257273, 0.263372, 0.271872 ] }, { "date": "2024-08-30", "close": 0.25, "volume": 428424, "typical_volume": 684899.15, "trend": 0.283621, "fair_value": 0.625937, "relative_strength": -26.537147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.351668, "energy": 40.359949, "activity_lines": [ 0.25, 0.255818, 0.261422, 0.269466 ] }, { "date": "2024-09-06", "close": 0.25, "volume": 364361, "typical_volume": 679325.4, "trend": 0.281288, "fair_value": 0.618244, "relative_strength": -23.935556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.017633, "energy": 37.067584, "activity_lines": [ 0.249, 0.254455, 0.259638, 0.267297 ] }, { "date": "2024-09-13", "close": 0.25, "volume": 228357, "typical_volume": 582001.85, "trend": 0.278788, "fair_value": 0.610841, "relative_strength": -24.061318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.747743, "energy": 32.159634, "activity_lines": [ 0.249, 0.253, 0.257996, 0.265279 ] }, { "date": "2024-09-20", "close": 0.25, "volume": 360756, "typical_volume": 580263.1, "trend": 0.275788, "fair_value": 0.603853, "relative_strength": -22.97775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.830052, "energy": 27.933831, "activity_lines": [ 0.249333, 0.251636, 0.256617, 0.263421 ] }, { "date": "2024-09-27", "close": 0.24, "volume": 508310, "typical_volume": 596690.25, "trend": 0.271788, "fair_value": 0.596994, "relative_strength": -26.414859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.099065, "energy": 30.565009, "activity_lines": [ 0.246667, 0.248818, 0.2545, 0.261112 ] }, { "date": "2024-10-04", "close": 0.235, "volume": 1533391, "typical_volume": 636518.8, "trend": 0.268288, "fair_value": 0.590905, "relative_strength": -27.133938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.548352, "energy": 33.921184, "activity_lines": [ 0.242333, 0.245636, 0.252143, 0.258739 ] }, { "date": "2024-10-11", "close": 0.24, "volume": 2478924, "typical_volume": 729345.8, "trend": 0.265621, "fair_value": 0.585135, "relative_strength": -24.709937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.646921, "energy": 37.328676, "activity_lines": [ 0.240667, 0.244, 0.250476, 0.256914 ] }, { "date": "2024-10-18", "close": 0.24, "volume": 1148485, "typical_volume": 774351.65, "trend": 0.264288, "fair_value": 0.57911, "relative_strength": -25.212165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.72936, "energy": 37.119866, "activity_lines": [ 0.239667, 0.242818, 0.249, 0.255261 ] }, { "date": "2024-10-25", "close": 0.205, "volume": 802462, "typical_volume": 796949.65, "trend": 0.261821, "fair_value": 0.57286, "relative_strength": -34.60225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.664222, "energy": 60.04873, "activity_lines": [ 0.227667, 0.235545, 0.244357, 0.251436 ] }, { "date": "2024-11-01", "close": 0.19, "volume": 867292, "typical_volume": 821249.85, "trend": 0.258654, "fair_value": 0.565039, "relative_strength": -38.36201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.698197, "energy": 72.164229, "activity_lines": [ 0.213667, 0.226455, 0.238595, 0.246802 ] }, { "date": "2024-11-08", "close": 0.185, "volume": 714049, "typical_volume": 819913.7, "trend": 0.255321, "fair_value": 0.557219, "relative_strength": -38.732231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.252413, "energy": 79.976328, "activity_lines": [ 0.201333, 0.217364, 0.232738, 0.242051 ] }, { "date": "2024-11-15", "close": 0.1575, "volume": 3830561, "typical_volume": 998370.8, "trend": 0.251238, "fair_value": 0.549222, "relative_strength": -47.246256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.260345, "energy": 88.584919, "activity_lines": [ 0.183167, 0.204455, 0.224595, 0.23574 ] }, { "date": "2024-11-22", "close": 0.215, "volume": 5097309, "typical_volume": 1167360.8, "trend": 0.248238, "fair_value": 0.541562, "relative_strength": -28.501377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.919317, "energy": 70.568132, "activity_lines": [ 0.189667, 0.203682, 0.222345, 0.233402 ] }, { "date": "2024-11-29", "close": 0.205, "volume": 3613973, "typical_volume": 1250961.95, "trend": 0.245238, "fair_value": 0.532491, "relative_strength": -30.752518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.496202, "energy": 47.803946, "activity_lines": [ 0.1945, 0.201727, 0.219333, 0.230612 ] }, { "date": "2024-12-06", "close": 0.21, "volume": 572393, "typical_volume": 1241345.75, "trend": 0.242583, "fair_value": 0.521466, "relative_strength": -27.836054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.589469, "energy": 38.623367, "activity_lines": [ 0.201, 0.2015, 0.217107, 0.228339 ] }, { "date": "2024-12-13", "close": 0.215, "volume": 977599, "typical_volume": 1262918.0, "trend": 0.240417, "fair_value": 0.513549, "relative_strength": -24.797295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.649355, "energy": 21.792395, "activity_lines": [ 0.207833, 0.202727, 0.215643, 0.226559 ] }, { "date": "2024-12-20", "close": 0.2125, "volume": 493356, "typical_volume": 1269496.25, "trend": 0.238167, "fair_value": 0.504494, "relative_strength": -22.57858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.32493, "energy": 19.841561, "activity_lines": [ 0.211833, 0.203864, 0.214202, 0.224758 ] }, { "date": "2024-12-27", "close": 0.22, "volume": 80560, "typical_volume": 1255920.05, "trend": 0.236333, "fair_value": 0.49427, "relative_strength": -19.596552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.231728, "energy": 19.192651, "activity_lines": [ 0.214667, 0.206864, 0.213726, 0.223586 ] }, { "date": "2025-01-03", "close": 0.2125, "volume": 1535409, "typical_volume": 1315010.95, "trend": 0.234417, "fair_value": 0.485248, "relative_strength": -22.014089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.224299, "energy": 17.208283, "activity_lines": [ 0.214667, 0.208864, 0.212702, 0.222048 ] }, { "date": "2025-01-10", "close": 0.22, "volume": 1991461, "typical_volume": 1381371.6, "trend": 0.23275, "fair_value": 0.4756, "relative_strength": -18.59281, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.345435, "energy": 15.139195, "activity_lines": [ 0.216667, 0.212091, 0.212595, 0.221118 ] }, { "date": "2025-01-17", "close": 0.205, "volume": 1737215, "typical_volume": 1446811.15, "trend": 0.231083, "fair_value": 0.468004, "relative_strength": -25.315704, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.855945, "energy": 11.698719, "activity_lines": [ 0.213, 0.212045, 0.211155, 0.219328 ] }, { "date": "2025-01-24", "close": 0.235, "volume": 3312110, "typical_volume": 1594198.6, "trend": 0.23075, "fair_value": 0.461273, "relative_strength": -13.38488, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.659005, "energy": 6.121002, "activity_lines": [ 0.22, 0.217091, 0.212786, 0.219581 ] }, { "date": "2025-01-31", "close": 0.285, "volume": 3074234, "typical_volume": 1736492.45, "trend": 0.23175, "fair_value": 0.454478, "relative_strength": 3.868096, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.494234, "energy": 39.426634, "activity_lines": [ 0.242167, 0.229818, 0.21925, 0.223081 ] }, { "date": "2025-02-07", "close": 0.34, "volume": 4513623, "typical_volume": 1944135.8, "trend": 0.234083, "fair_value": 0.447876, "relative_strength": 23.774641, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.650571, "energy": 69.037753, "activity_lines": [ 0.278333, 0.251273, 0.230786, 0.230065 ] }, { "date": "2025-02-14", "close": 0.415, "volume": 7410042, "typical_volume": 2289222.4, "trend": 0.238917, "fair_value": 0.442523, "relative_strength": 50.032606, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 92.387871, "energy": 94.53539, "activity_lines": [ 0.331, 0.283909, 0.249036, 0.241737 ] }, { "date": "2025-02-21", "close": 0.43, "volume": 8044205, "typical_volume": 2614763.1, "trend": 0.24425, "fair_value": 0.437716, "relative_strength": 56.242519, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.244697, "energy": 95.72405, "activity_lines": [ 0.375667, 0.315545, 0.267881, 0.254065 ] }, { "date": "2025-02-28", "close": 0.435, "volume": 1066920, "typical_volume": 2544162.9, "trend": 0.249917, "fair_value": 0.433389, "relative_strength": 55.126371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.116772, "energy": 93.758052, "activity_lines": [ 0.407, 0.344182, 0.286274, 0.266371 ] }, { "date": "2025-03-07", "close": 0.38, "volume": 1715340, "typical_volume": 2572505.65, "trend": 0.254083, "fair_value": 0.42826, "relative_strength": 37.58977, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.047551, "energy": 87.866655, "activity_lines": [ 0.406667, 0.358773, 0.2985, 0.274763 ] }, { "date": "2025-03-14", "close": 0.343, "volume": 2321579, "typical_volume": 2648461.5, "trend": 0.257017, "fair_value": 0.423632, "relative_strength": 25.004369, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.835584, "energy": 60.472658, "activity_lines": [ 0.387667, 0.363727, 0.306536, 0.2805 ] }, { "date": "2025-03-21", "close": 0.37, "volume": 2127642, "typical_volume": 2711479.0, "trend": 0.26135, "fair_value": 0.418792, "relative_strength": 34.011344, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.325793, "energy": 50.107479, "activity_lines": [ 0.377467, 0.371218, 0.316486, 0.287789 ] }, { "date": "2025-03-28", "close": 0.37, "volume": 1008642, "typical_volume": 2726208.65, "trend": 0.26535, "fair_value": 0.412318, "relative_strength": 33.210498, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.566724, "energy": 35.452147, "activity_lines": [ 0.370267, 0.375982, 0.325579, 0.294799 ] }, { "date": "2025-04-04", "close": 0.335, "volume": 1349082, "typical_volume": 2602134.7, "trend": 0.268183, "fair_value": 0.406773, "relative_strength": 29.220801, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.84318, "energy": 25.903576, "activity_lines": [ 0.3554, 0.371382, 0.330457, 0.299292 ] }, { "date": "2025-04-11", "close": 0.315, "volume": 1612382, "typical_volume": 2427888.35, "trend": 0.27035, "fair_value": 0.40126, "relative_strength": 22.605167, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.873975, "energy": 20.157005, "activity_lines": [ 0.340533, 0.361327, 0.332586, 0.302313 ] }, { "date": "2025-04-18", "close": 0.36, "volume": 1050975, "typical_volume": 2299738.45, "trend": 0.274017, "fair_value": 0.396004, "relative_strength": 34.202857, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.401538, "energy": 19.0878, "activity_lines": [ 0.345, 0.358909, 0.338524, 0.308097 ] }, { "date": "2025-04-25", "close": 0.405, "volume": 1100308, "typical_volume": 2326134.2, "trend": 0.279517, "fair_value": 0.391716, "relative_strength": 47.540878, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.178086, "energy": 26.545398, "activity_lines": [ 0.363333, 0.364309, 0.34801, 0.316547 ] }, { "date": "2025-05-02", "close": 0.37, "volume": 1414608, "typical_volume": 2347984.65, "trend": 0.284017, "fair_value": 0.387357, "relative_strength": 31.398864, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.946357, "energy": 28.482604, "activity_lines": [ 0.367667, 0.363527, 0.353233, 0.322385 ] }, { "date": "2025-05-09", "close": 0.37, "volume": 252630, "typical_volume": 2335948.35, "trend": 0.28835, "fair_value": 0.385626, "relative_strength": 31.350813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.836593, "energy": 32.962879, "activity_lines": [ 0.372, 0.363836, 0.357719, 0.327932 ] }, { "date": "2025-05-16", "close": 0.34, "volume": 628451, "typical_volume": 2363342.9, "trend": 0.291683, "fair_value": 0.384055, "relative_strength": 18.488691, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.338483, "energy": 29.026891, "activity_lines": [ 0.364, 0.359873, 0.358598, 0.331265 ] }, { "date": "2025-05-23", "close": 0.34, "volume": 1419434, "typical_volume": 2357544.15, "trend": 0.296183, "fair_value": 0.382389, "relative_strength": 17.669277, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.530498, "energy": 14.315625, "activity_lines": [ 0.354333, 0.356636, 0.358905, 0.334382 ] }, { "date": "2025-05-30", "close": 0.335, "volume": 617316, "typical_volume": 2288836.9, "trend": 0.301017, "fair_value": 0.380434, "relative_strength": 14.889435, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.890458, "energy": 11.478994, "activity_lines": [ 0.344333, 0.352545, 0.358129, 0.336886 ] }, { "date": "2025-06-06", "close": 0.34, "volume": 630103, "typical_volume": 2233481.3, "trend": 0.306183, "fair_value": 0.378446, "relative_strength": 15.357912, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.709234, "energy": 12.829474, "activity_lines": [ 0.340667, 0.35, 0.357281, 0.339401 ] }, { "date": "2025-06-13", "close": 0.35, "volume": 956605, "typical_volume": 2115706.05, "trend": 0.3126, "fair_value": 0.3771, "relative_strength": 18.144117, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.761177, "energy": 10.86378, "activity_lines": [ 0.342333, 0.349818, 0.356743, 0.342228 ] }, { "date": "2025-06-20", "close": 0.36, "volume": 887453, "typical_volume": 2006367.0, "trend": 0.317433, "fair_value": 0.375562, "relative_strength": 21.865601, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.138152, "energy": 9.182801, "activity_lines": [ 0.348667, 0.351182, 0.35661, 0.345286 ] }, { "date": "2025-06-27", "close": 0.4, "volume": 2070557, "typical_volume": 1884213.7, "trend": 0.323933, "fair_value": 0.374344, "relative_strength": 33.85244, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.848947, "energy": 26.563208, "activity_lines": [ 0.367, 0.359, 0.359929, 0.350613 ] }, { "date": "2025-07-04", "close": 0.405, "volume": 761734, "typical_volume": 1551798.3, "trend": 0.330433, "fair_value": 0.373542, "relative_strength": 34.032172, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.673567, "energy": 47.727433, "activity_lines": [ 0.383, 0.367, 0.363438, 0.355843 ] }, { "date": "2025-07-11", "close": 0.3925, "volume": 604065, "typical_volume": 1179791.3, "trend": 0.33635, "fair_value": 0.373302, "relative_strength": 27.378353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.008864, "energy": 52.494767, "activity_lines": [ 0.390167, 0.372727, 0.365805, 0.359847 ] }, { "date": "2025-07-18", "close": 0.47, "volume": 2354544, "typical_volume": 1244172.5, "trend": 0.344933, "fair_value": 0.372757, "relative_strength": 50.05983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.735729, "energy": 76.309959, "activity_lines": [ 0.419667, 0.392136, 0.375731, 0.36847 ] }, { "date": "2025-07-25", "close": 0.45, "volume": 1050967, "typical_volume": 1210953.85, "trend": 0.3526, "fair_value": 0.370642, "relative_strength": 40.356419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.627826, "energy": 75.52799, "activity_lines": [ 0.4345, 0.406091, 0.383586, 0.375248 ] }, { "date": "2025-08-01", "close": 0.43, "volume": 1062670, "typical_volume": 1148008.4, "trend": 0.35985, "fair_value": 0.368526, "relative_strength": 33.785215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.397724, "energy": 70.30844, "activity_lines": [ 0.436667, 0.414409, 0.389202, 0.380242 ] }, { "date": "2025-08-08", "close": 0.39, "volume": 789557, "typical_volume": 1081104.15, "trend": 0.365517, "fair_value": 0.366603, "relative_strength": 20.218072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.203725, "energy": 54.094975, "activity_lines": [ 0.4235, 0.413818, 0.390595, 0.382187 ] }, { "date": "2025-08-15", "close": 0.428, "volume": 569338, "typical_volume": 1059138.95, "trend": 0.37295, "fair_value": 0.364539, "relative_strength": 30.174299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.749756, "energy": 37.362466, "activity_lines": [ 0.424, 0.419136, 0.395512, 0.386218 ] }, { "date": "2025-08-22", "close": 0.4, "volume": 1322666, "typical_volume": 1057818.15, "trend": 0.37845, "fair_value": 0.362424, "relative_strength": 18.384527, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.606293, "energy": 21.679076, "activity_lines": [ 0.4128, 0.417764, 0.397486, 0.387963 ] }, { "date": "2025-08-29", "close": 0.385, "volume": 665977, "typical_volume": 1010497.9, "trend": 0.381783, "fair_value": 0.359924, "relative_strength": 14.87326, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.070978, "energy": 17.944603, "activity_lines": [ 0.401267, 0.412755, 0.397721, 0.388386 ] }, { "date": "2025-09-05", "close": 0.37, "volume": 934565, "typical_volume": 1004677.4, "trend": 0.382783, "fair_value": 0.357456, "relative_strength": 9.591056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.95782, "energy": 13.629481, "activity_lines": [ 0.389067, 0.404564, 0.396195, 0.387626 ] }, { "date": "2025-09-12", "close": 0.36, "volume": 683034, "typical_volume": 983813.7, "trend": 0.38095, "fair_value": 0.355501, "relative_strength": 5.293744, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.086991, "energy": 16.14491, "activity_lines": [ 0.377533, 0.3951, 0.393669, 0.386156 ] }, { "date": "2025-09-19", "close": 0.36, "volume": 567098, "typical_volume": 941438.2, "trend": 0.378617, "fair_value": 0.354059, "relative_strength": 5.575934, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.302016, "energy": 21.960426, "activity_lines": [ 0.368, 0.386455, 0.391357, 0.384804 ] }, { "date": "2025-09-26", "close": 0.48, "volume": 2453959, "typical_volume": 1051504.65, "trend": 0.380117, "fair_value": 0.353642, "relative_strength": 38.094951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.546723, "energy": 19.492392, "activity_lines": [ 0.403, 0.400218, 0.400521, 0.391345 ] }, { "date": "2025-10-03", "close": 0.414, "volume": 1647691, "typical_volume": 1102466.65, "trend": 0.38125, "fair_value": 0.35277, "relative_strength": 15.610474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.924362, "energy": 16.877401, "activity_lines": [ 0.410667, 0.4018, 0.402876, 0.393531 ] }, { "date": "2025-10-10", "close": 0.48, "volume": 2402145, "typical_volume": 1151602.2, "trend": 0.385817, "fair_value": 0.352417, "relative_strength": 33.462742, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 60.873882, "energy": 46.829449, "activity_lines": [ 0.4384, 0.416036, 0.411164, 0.399902 ] }, { "date": "2025-10-17", "close": 0.455, "volume": 935442, "typical_volume": 1167508.5, "trend": 0.38865, "fair_value": 0.352001, "relative_strength": 26.229589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.199138, "energy": 51.929227, "activity_lines": [ 0.450467, 0.424818, 0.416405, 0.404366 ] }, { "date": "2025-10-24", "close": 0.46, "volume": 1065452, "typical_volume": 1189275.95, "trend": 0.39165, "fair_value": 0.351744, "relative_strength": 22.371833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.319221, "energy": 56.751467, "activity_lines": [ 0.457867, 0.433327, 0.42155, 0.408969 ] }, { "date": "2025-10-31", "close": 0.445, "volume": 385093, "typical_volume": 1160700.35, "trend": 0.395317, "fair_value": 0.351456, "relative_strength": 16.214254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.886137, "energy": 51.030903, "activity_lines": [ 0.4536, 0.438527, 0.424695, 0.412411 ] }, { "date": "2025-11-07", "close": 0.465, "volume": 1059201, "typical_volume": 1169287.75, "trend": 0.400317, "fair_value": 0.351296, "relative_strength": 20.397379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.207775, "energy": 38.572328, "activity_lines": [ 0.458333, 0.446545, 0.429293, 0.416906 ] }, { "date": "2025-11-14", "close": 0.45, "volume": 459604, "typical_volume": 1088740.1, "trend": 0.403317, "fair_value": 0.352129, "relative_strength": 14.836277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.722265, "energy": 30.105903, "activity_lines": [ 0.454667, 0.450382, 0.431962, 0.420112 ] }, { "date": "2025-11-21", "close": 0.425, "volume": 331780, "typical_volume": 1067242.4, "trend": 0.403983, "fair_value": 0.352866, "relative_strength": 9.2969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.959269, "energy": 20.16584, "activity_lines": [ 0.444667, 0.448218, 0.432012, 0.421511 ] }, { "date": "2025-11-28", "close": 0.413, "volume": 426412, "typical_volume": 1058359.75, "trend": 0.405417, "fair_value": 0.353591, "relative_strength": 3.369673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.945445, "energy": 12.89505, "activity_lines": [ 0.432667, 0.442691, 0.430824, 0.422092 ] }, { "date": "2025-12-05", "close": 0.41, "volume": 911266, "typical_volume": 986195.85, "trend": 0.40675, "fair_value": 0.354296, "relative_strength": 2.365946, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.195056, "energy": 13.868434, "activity_lines": [ 0.4228, 0.435655, 0.429252, 0.422388 ] }, { "date": "2025-12-12", "close": 0.435, "volume": 1385166, "typical_volume": 1002905.8, "trend": 0.409917, "fair_value": 0.355417, "relative_strength": 7.850262, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.139204, "energy": 15.762924, "activity_lines": [ 0.4236, 0.434436, 0.430348, 0.424211 ] }, { "date": "2025-12-19", "close": 0.39, "volume": 1570022, "typical_volume": 1028273.4, "trend": 0.411583, "fair_value": 0.355962, "relative_strength": -6.298989, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.921813, "energy": 14.712214, "activity_lines": [ 0.4114, 0.424655, 0.427229, 0.422926 ] }, { "date": "2025-12-26", "close": 0.375, "volume": 1119170, "typical_volume": 1044754.05, "trend": 0.412917, "fair_value": 0.356812, "relative_strength": -10.11119, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.59379, "energy": 24.644264, "activity_lines": [ 0.3982, 0.413782, 0.422871, 0.420566 ] }, { "date": "2026-01-02", "close": 0.375, "volume": 854462, "typical_volume": 1059010.25, "trend": 0.414083, "fair_value": 0.357549, "relative_strength": -11.315424, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.843524, "energy": 37.634249, "activity_lines": [ 0.388333, 0.404364, 0.418586, 0.418119 ] }, { "date": "2026-01-09", "close": 0.37, "volume": 1067882, "typical_volume": 1046271.05, "trend": 0.41475, "fair_value": 0.357677, "relative_strength": -14.379937, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.004573, "energy": 52.74851, "activity_lines": [ 0.379333, 0.395582, 0.414076, 0.415275 ] }, { "date": "2026-01-16", "close": 0.38, "volume": 809285, "typical_volume": 1053436.45, "trend": 0.415417, "fair_value": 0.357517, "relative_strength": -13.524359, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.758753, "energy": 59.184496, "activity_lines": [ 0.376333, 0.389982, 0.410662, 0.413033 ] }, { "date": "2026-01-23", "close": 0.355, "volume": 1660454, "typical_volume": 1089730.9, "trend": 0.413917, "fair_value": 0.355946, "relative_strength": -18.74944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.302813, "energy": 61.809633, "activity_lines": [ 0.368667, 0.381382, 0.40489, 0.409135 ] }, { "date": "2026-01-30", "close": 0.31, "volume": 2658749, "typical_volume": 1188516.65, "trend": 0.41075, "fair_value": 0.353863, "relative_strength": -29.524953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.547209, "energy": 73.268253, "activity_lines": [ 0.348333, 0.366327, 0.394905, 0.402431 ] }, { "date": "2026-02-06", "close": 0.325, "volume": 1057321, "typical_volume": 1213027.8, "trend": 0.4085, "fair_value": 0.352357, "relative_strength": -26.904479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.173187, "energy": 71.274297, "activity_lines": [ 0.337333, 0.356091, 0.386586, 0.396899 ] }, { "date": "2026-02-13", "close": 0.28, "volume": 1779316, "typical_volume": 1179295.65, "trend": 0.402167, "fair_value": 0.351075, "relative_strength": -36.900777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.039445, "energy": 82.658092, "activity_lines": [ 0.314667, 0.339273, 0.374148, 0.388609 ] }, { "date": "2026-02-20", "close": 0.275, "volume": 1172612, "typical_volume": 1155541.7, "trend": 0.396333, "fair_value": 0.3496, "relative_strength": -38.758878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.085514, "energy": 86.339868, "activity_lines": [ 0.296333, 0.323909, 0.362186, 0.380404 ] }, { "date": "2026-02-27", "close": 0.29, "volume": 1060458, "typical_volume": 1088457.35, "trend": 0.391667, "fair_value": 0.34835, "relative_strength": -36.075577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.553865, "energy": 80.296452, "activity_lines": [ 0.29, 0.314182, 0.352314, 0.373544 ] }, { "date": "2026-03-06", "close": 0.305, "volume": 1489675, "typical_volume": 1116169.0, "trend": 0.388833, "fair_value": 0.347549, "relative_strength": -28.209382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.316437, "energy": 70.421574, "activity_lines": [ 0.293, 0.309, 0.344776, 0.367953 ] }, { "date": "2026-03-13", "close": 0.295, "volume": 724415, "typical_volume": 1099117.15, "trend": 0.3844, "fair_value": 0.34694, "relative_strength": -30.045716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.559994, "energy": 53.715242, "activity_lines": [ 0.293, 0.303273, 0.337, 0.361899 ] }, { "date": "2026-03-20", "close": 0.27, "volume": 1155582, "typical_volume": 1137641.6, "trend": 0.380067, "fair_value": 0.346235, "relative_strength": -33.274423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.962444, "energy": 54.66439, "activity_lines": [ 0.286667, 0.294455, 0.327629, 0.354518 ] }, { "date": "2026-03-27", "close": 0.26, "volume": 951485, "typical_volume": 1132255.8, "trend": 0.3759, "fair_value": 0.345273, "relative_strength": -35.556628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.789758, "energy": 57.519848, "activity_lines": [ 0.277667, 0.285636, 0.318138, 0.346772 ] }, { "date": "2026-04-03", "close": 0.245, "volume": 918763, "typical_volume": 1155213.75, "trend": 0.371733, "fair_value": 0.344023, "relative_strength": -41.499457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.463517, "energy": 65.194691, "activity_lines": [ 0.264667, 0.276273, 0.308195, 0.338327 ] }, { "date": "2026-04-10", "close": 0.26, "volume": 949246, "typical_volume": 1186087.05, "trend": 0.3684, "fair_value": 0.342228, "relative_strength": -38.436161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.131528, "energy": 63.69132, "activity_lines": [ 0.259667, 0.271636, 0.300657, 0.331118 ] }, { "date": "2026-04-17", "close": 0.29, "volume": 2141301, "typical_volume": 1271831.5, "trend": 0.366067, "fair_value": 0.340626, "relative_strength": -31.222903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.644209, "energy": 49.330739, "activity_lines": [ 0.267667, 0.273364, 0.296762, 0.32606 ] }, { "date": "2026-04-24", "close": 0.34, "volume": 2681422, "typical_volume": 1360339.3, "trend": 0.3614, "fair_value": 0.339696, "relative_strength": -16.499071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.695922, "energy": 23.511499, "activity_lines": [ 0.292667, 0.284818, 0.298214, 0.324378 ] }, { "date": "2026-05-01", "close": 0.335, "volume": 1115738, "typical_volume": 1346867.9, "trend": 0.358767, "fair_value": 0.338959, "relative_strength": -17.171212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.354535, "energy": 19.711416, "activity_lines": [ 0.311333, 0.294273, 0.299524, 0.322675 ] }, { "date": "2026-05-08", "close": 0.37, "volume": 2506856, "typical_volume": 1393709.6, "trend": 0.3551, "fair_value": 0.338222, "relative_strength": -7.023115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.430498, "energy": 25.774348, "activity_lines": [ 0.336667, 0.309, 0.304643, 0.3234 ] }, { "date": "2026-05-15", "close": 0.34, "volume": 1069766, "typical_volume": 1391239.4, "trend": 0.351267, "fair_value": 0.337613, "relative_strength": -13.999135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.118655, "energy": 24.434524, "activity_lines": [ 0.343667, 0.316818, 0.307, 0.322426 ] }, { "date": "2026-05-22", "close": 0.34, "volume": 1164398, "typical_volume": 1406736.2, "trend": 0.347267, "fair_value": 0.336934, "relative_strength": -15.95356, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.069482, "energy": 21.57292, "activity_lines": [ 0.345333, 0.324, 0.309524, 0.321699 ] }, { "date": "2026-05-29", "close": 0.365, "volume": 1306613, "typical_volume": 1418672.75, "trend": 0.3446, "fair_value": 0.336517, "relative_strength": -9.138417, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.851209, "energy": 36.245352, "activity_lines": [ 0.352, 0.334909, 0.314595, 0.322843 ] }, { "date": "2026-06-05", "close": 0.35, "volume": 788075, "typical_volume": 1417612.25, "trend": 0.340767, "fair_value": 0.336132, "relative_strength": -12.320298, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.083585, "energy": 22.480785, "activity_lines": [ 0.352, 0.341364, 0.318262, 0.323191 ] }, { "date": "2026-06-12", "close": 0.32, "volume": 394642, "typical_volume": 1354321.65, "trend": 0.336433, "fair_value": 0.335587, "relative_strength": -20.270908, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.27875, "energy": 13.607307, "activity_lines": [ 0.341, 0.340727, 0.319214, 0.321852 ] }, { "date": "2026-06-19", "close": 0.31, "volume": 151502, "typical_volume": 1228959.3, "trend": 0.3326, "fair_value": 0.335139, "relative_strength": -21.516893, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.290308, "energy": 7.348943, "activity_lines": [ 0.33, 0.336909, 0.319381, 0.320146 ] }, { "date": "2026-06-26", "close": 0.29, "volume": 43943, "typical_volume": 1178290.4, "trend": 0.3285, "fair_value": 0.334498, "relative_strength": -26.932827, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.800976, "energy": 15.939549, "activity_lines": [ 0.314333, 0.328545, 0.317643, 0.317398 ] }, { "date": "2026-07-03", "close": 0.282, "volume": 858152, "typical_volume": 1132232.2, "trend": 0.324233, "fair_value": 0.333934, "relative_strength": -29.38525, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.992898, "energy": 31.19747, "activity_lines": [ 0.299333, 0.318727, 0.31531, 0.314398 ] }, { "date": "2026-07-10", "close": 0.2825, "volume": 1301018, "typical_volume": 1138652.5, "trend": 0.31915, "fair_value": 0.333405, "relative_strength": -27.401414, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.975231, "energy": 40.61428, "activity_lines": [ 0.290033, 0.310055, 0.313014, 0.311705 ] }, { "date": "2026-07-17", "close": 0.285, "volume": 822256, "typical_volume": 1126742.4, "trend": 0.31565, "fair_value": 0.332347, "relative_strength": -26.503507, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.716223, "energy": 44.70956, "activity_lines": [ 0.286067, 0.302791, 0.310921, 0.309502 ] }, { "date": "2026-07-24", "close": 0.2875, "volume": 402558, "typical_volume": 1072386.55, "trend": 0.312733, "fair_value": 0.331241, "relative_strength": -25.917918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.167833, "energy": 49.58046, "activity_lines": [ 0.285267, 0.297527, 0.30909, 0.307686 ] }, { "date": "2026-07-31", "close": 0.265, "volume": 1449476, "typical_volume": 1108639.6, "trend": 0.309067, "fair_value": 0.329831, "relative_strength": -31.707521, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.141133, "energy": 52.066535, "activity_lines": [ 0.278467, 0.289127, 0.3052, 0.304606 ] }, { "date": "2026-08-07", "close": 0.2575, "volume": 2536335, "typical_volume": 1177677.25, "trend": 0.305317, "fair_value": 0.328373, "relative_strength": -33.147855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.927841, "energy": 63.352688, "activity_lines": [ 0.270833, 0.280727, 0.300738, 0.30128 ] } ], "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." } } }