{ "ticker": { "uuid": "041f59c1-8437-429a-bfcf-75d764e4b497", "symbol": "ACWN", "name": "A.S. Cr\u00e9ation Tapeten AG", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 79.187, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 0.471, "architecture_energy": 5.24, "architecture_maturity": 15.895, "architecture_confidence": 73.443, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 62.04, "rotation_up": 20.44, "upward_expansion": 55.31, "deceleration": 84.32, "rotation_down": 34.87, "downward_expansion": 23.65 }, "activity_lines": [ 7.45, 7.546364, 7.542801, 7.476813 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 7.05, "trend_reference": 7.427624, "distance_from_trend": -0.05084, "trend_direction": "Weakening", "fair_value": 8.105938, "distance_from_fair_value": -0.130267, "fair_value_direction": "Improving", "relative_strength": -13.533897, "relative_strength_direction": "Weakening", "price_momentum": -0.040552, "excess_performance": -0.105191, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.05084, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.001219, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.130267, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.013988, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.135339, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.096866, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.040552, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.778412, "read": "Supply-led" } ], "volume": { "latest": 4972, "relative_activity": 2.410433, "balance": 0.778412, "dry_up": 2.050347, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.045237, "annualized_volatility": 0.249372, "from_high_reference": -0.186908, "from_low_reference": 0.042879 }, "levels": { "trend_reference": 7.427624, "fair_value_reference": 8.105938, "structural_low": 6.760135, "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": 9, "median_return": 0.000676, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.014431, "regime_survival": 0.444444, "best_return": 0.105263, "worst_return": -0.04083, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.031646, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.074369, "regime_survival": 0.2, "best_return": 0.145455, "worst_return": -0.248731, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.185084, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.221205, "regime_survival": 0.0, "best_return": 0.081818, "worst_return": -0.333564, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.269036, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.43686, "regime_survival": 0.333333, "best_return": -0.0625, "worst_return": -0.302422, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-12", "end": "2024-05-24", "tenure": "Developing", "return": -0.083333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-06-21", "tenure": "New", "return": -0.015228, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-28", "end": "2025-05-09", "tenure": "Extended", "return": -0.342105, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-20", "tenure": "Developing", "return": 0.101449, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-08-01", "tenure": "Developing", "return": -0.006667, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-08-15", "tenure": "New", "return": 0.02027, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-11-28", "tenure": "Established", "return": 0.026144, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-01-02", "tenure": "Developing", "return": -0.057325, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": 0.054054, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-03-06", "tenure": "Developing", "return": -0.094937, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-04-24", "tenure": "Developing", "return": 0.06338, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-19", "tenure": "Developing", "return": 0.047374, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-07-31", "tenure": "Developing", "return": -0.057692, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.266891, "volume": 2910, "typical_volume": 2442.15, "trend": 11.53795, "fair_value": 15.556005, "relative_strength": -5.307655, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.011566, "energy": 26.112967, "activity_lines": [ 11.515089, 11.637407, 11.766087, 11.665315 ] }, { "date": "2023-08-25", "close": 11.560811, "volume": 155, "typical_volume": 2286.8, "trend": 11.551013, "fair_value": 15.550297, "relative_strength": -2.638351, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.771071, "energy": 28.786155, "activity_lines": [ 11.495495, 11.596437, 11.751625, 11.66679 ] }, { "date": "2023-09-01", "close": 11.658783, "volume": 641, "typical_volume": 2091.95, "trend": 11.551013, "fair_value": 15.550385, "relative_strength": -2.494957, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.935368, "energy": 30.838757, "activity_lines": [ 11.528153, 11.591093, 11.74416, 11.673743 ] }, { "date": "2023-09-08", "close": 11.658783, "volume": 872, "typical_volume": 1760.1, "trend": 11.564076, "fair_value": 15.550474, "relative_strength": -1.290746, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.244637, "energy": 17.725317, "activity_lines": [ 11.573873, 11.6, 11.736695, 11.680696 ] }, { "date": "2023-09-15", "close": 11.560811, "volume": 431, "typical_volume": 1753.55, "trend": 11.560811, "fair_value": 15.550508, "relative_strength": -2.4796, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.749678, "energy": 5.820583, "activity_lines": [ 11.586937, 11.58753, 11.718034, 11.680485 ] }, { "date": "2023-09-22", "close": 11.168919, "volume": 2553, "typical_volume": 1863.7, "trend": 11.551013, "fair_value": 15.548031, "relative_strength": -3.131938, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.660443, "energy": 19.987064, "activity_lines": [ 11.462838, 11.503808, 11.660183, 11.655202 ] }, { "date": "2023-09-29", "close": 10.679053, "volume": 1751, "typical_volume": 1932.35, "trend": 11.554279, "fair_value": 15.539542, "relative_strength": -5.795865, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -57.610418, "energy": 65.139808, "activity_lines": [ 11.181982, 11.341707, 11.555679, 11.598946 ] }, { "date": "2023-10-06", "close": 10.777027, "volume": 1048, "typical_volume": 1430.6, "trend": 11.554279, "fair_value": 15.530533, "relative_strength": -3.483032, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.945791, "energy": 83.643929, "activity_lines": [ 10.992567, 11.218796, 11.461904, 11.548801 ] }, { "date": "2023-10-13", "close": 10.483108, "volume": 543, "typical_volume": 1341.95, "trend": 11.53795, "fair_value": 15.519065, "relative_strength": -5.392041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.414442, "energy": 94.675491, "activity_lines": [ 10.763964, 11.062039, 11.346203, 11.479693 ] }, { "date": "2023-10-20", "close": 10.287162, "volume": 1669, "typical_volume": 1361.4, "trend": 11.502027, "fair_value": 15.506342, "relative_strength": -4.382361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.410616, "energy": 94.978223, "activity_lines": [ 10.548423, 10.891032, 11.220704, 11.398997 ] }, { "date": "2023-10-27", "close": 9.993243, "volume": 2970, "typical_volume": 1439.6, "trend": 11.469369, "fair_value": 15.497476, "relative_strength": -6.006751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.488858, "energy": 95.577814, "activity_lines": [ 10.31982, 10.68796, 11.077011, 11.301656 ] }, { "date": "2023-11-03", "close": 10.385136, "volume": 1116, "typical_volume": 1495.0, "trend": 11.446509, "fair_value": 15.481935, "relative_strength": -5.290309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.871739, "energy": 86.905069, "activity_lines": [ 10.300225, 10.5793, 10.981837, 11.231706 ] }, { "date": "2023-11-10", "close": 10.385136, "volume": 1451, "typical_volume": 1552.5, "trend": 11.404054, "fair_value": 15.460652, "relative_strength": -5.431708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.866589, "energy": 65.647184, "activity_lines": [ 10.300226, 10.492015, 10.896927, 11.16323 ] }, { "date": "2023-11-17", "close": 9.993243, "volume": 472, "typical_volume": 1459.1, "trend": 11.361599, "fair_value": 15.436857, "relative_strength": -12.684963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.201053, "energy": 69.328795, "activity_lines": [ 10.195721, 10.356634, 10.784492, 11.07221 ] }, { "date": "2023-11-24", "close": 9.993243, "volume": 1441, "typical_volume": 1413.05, "trend": 11.32241, "fair_value": 15.411914, "relative_strength": -13.074944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.317914, "energy": 66.966848, "activity_lines": [ 10.123874, 10.251536, 10.679054, 10.983929 ] }, { "date": "2023-12-01", "close": 9.89527, "volume": 4420, "typical_volume": 1407.65, "trend": 11.279955, "fair_value": 15.385194, "relative_strength": -15.698843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.406179, "energy": 67.883896, "activity_lines": [ 10.038964, 10.157125, 10.57175, 10.891855 ] }, { "date": "2023-12-08", "close": 9.993243, "volume": 676, "typical_volume": 1416.45, "trend": 11.247297, "fair_value": 15.357379, "relative_strength": -16.448541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.62122, "energy": 70.999185, "activity_lines": [ 9.993243, 10.103685, 10.482641, 10.808842 ] }, { "date": "2023-12-15", "close": 9.993243, "volume": 1112, "typical_volume": 1430.35, "trend": 11.178716, "fair_value": 15.331862, "relative_strength": -16.228184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.751072, "energy": 63.063311, "activity_lines": [ 9.973648, 10.062715, 10.402397, 10.727935 ] }, { "date": "2023-12-22", "close": 9.993243, "volume": 5654, "typical_volume": 1677.25, "trend": 11.100338, "fair_value": 15.302899, "relative_strength": -15.763299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.133459, "energy": 61.038801, "activity_lines": [ 9.98018, 10.035995, 10.331017, 10.651453 ] }, { "date": "2023-12-29", "close": 9.993243, "volume": 730, "typical_volume": 1630.75, "trend": 11.021959, "fair_value": 15.277955, "relative_strength": -15.771695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.74503, "energy": 57.345694, "activity_lines": [ 9.986711, 10.018182, 10.267567, 10.580027 ] }, { "date": "2024-01-05", "close": 9.993243, "volume": 1675, "typical_volume": 1569.0, "trend": 10.943581, "fair_value": 15.239805, "relative_strength": -14.767825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.186226, "energy": 52.73972, "activity_lines": [ 9.993243, 10.005712, 10.211116, 10.513659 ] }, { "date": "2024-01-12", "close": 9.797297, "volume": 220, "typical_volume": 1572.25, "trend": 10.852139, "fair_value": 15.200973, "relative_strength": -16.819229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.212385, "energy": 56.893487, "activity_lines": [ 9.927928, 9.957616, 10.142069, 10.439705 ] }, { "date": "2024-01-19", "close": 9.797297, "volume": 36, "typical_volume": 1542.0, "trend": 10.763964, "fair_value": 15.152379, "relative_strength": -15.690928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.0233, "energy": 55.352221, "activity_lines": [ 9.875675, 9.920209, 10.081419, 10.371651 ] }, { "date": "2024-01-26", "close": 10.091216, "volume": 103, "typical_volume": 1503.55, "trend": 10.718243, "fair_value": 15.111411, "relative_strength": -14.909956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.131635, "energy": 46.906204, "activity_lines": [ 9.934459, 9.946928, 10.057625, 10.328247 ] }, { "date": "2024-02-02", "close": 9.797297, "volume": 1050, "typical_volume": 1534.5, "trend": 10.659459, "fair_value": 15.065688, "relative_strength": -16.778671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.739844, "energy": 52.711729, "activity_lines": [ 9.888738, 9.918427, 10.013304, 10.268832 ] }, { "date": "2024-02-09", "close": 9.797297, "volume": 10, "typical_volume": 1407.35, "trend": 10.594144, "fair_value": 15.011353, "relative_strength": -16.456476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.9675, "energy": 51.010645, "activity_lines": [ 9.856081, 9.893489, 9.977381, 10.213208 ] }, { "date": "2024-02-16", "close": 9.797297, "volume": 0, "typical_volume": 1319.8, "trend": 10.525563, "fair_value": 14.962185, "relative_strength": -16.971945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.281175, "energy": 51.791878, "activity_lines": [ 9.836486, 9.870331, 9.947989, 10.161799 ] }, { "date": "2024-02-23", "close": 9.650338, "volume": 2561, "typical_volume": 1395.45, "trend": 10.452083, "fair_value": 14.912075, "relative_strength": -19.184611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.417562, "energy": 57.749452, "activity_lines": [ 9.767905, 9.824017, 9.9088, 10.105333 ] }, { "date": "2024-03-01", "close": 9.699324, "volume": 1863, "typical_volume": 1461.45, "trend": 10.386768, "fair_value": 14.860556, "relative_strength": -19.923227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.751717, "energy": 51.695325, "activity_lines": [ 9.72545, 9.792844, 9.879641, 10.056767 ] }, { "date": "2024-03-08", "close": 9.74831, "volume": 139, "typical_volume": 1384.95, "trend": 10.329617, "fair_value": 14.801312, "relative_strength": -19.534828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.994942, "energy": 47.880675, "activity_lines": [ 9.72545, 9.775921, 9.85888, 10.015577 ] }, { "date": "2024-03-15", "close": 9.454391, "volume": 2379, "typical_volume": 1355.4, "trend": 10.2692, "fair_value": 14.729849, "relative_strength": -22.016185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.917948, "energy": 57.695305, "activity_lines": [ 9.630743, 9.710012, 9.812693, 9.95911 ] }, { "date": "2024-03-22", "close": 9.209459, "volume": 3698, "typical_volume": 1484.5, "trend": 10.190822, "fair_value": 14.657964, "relative_strength": -24.615353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.742561, "energy": 68.452625, "activity_lines": [ 9.477252, 9.609367, 9.745744, 9.89074 ] }, { "date": "2024-03-29", "close": 9.552364, "volume": 1083, "typical_volume": 1466.1, "trend": 10.120608, "fair_value": 14.581386, "relative_strength": -22.608573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.824148, "energy": 52.03107, "activity_lines": [ 9.477252, 9.581756, 9.717052, 9.849549 ] }, { "date": "2024-04-05", "close": 9.699324, "volume": 2188, "typical_volume": 1551.9, "trend": 10.055293, "fair_value": 14.485079, "relative_strength": -19.637624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.332206, "energy": 46.147647, "activity_lines": [ 9.53277, 9.585319, 9.706322, 9.82237 ] }, { "date": "2024-04-12", "close": 10.581081, "volume": 3898, "typical_volume": 1674.75, "trend": 10.022635, "fair_value": 14.399018, "relative_strength": -10.754415, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 1.796773, "energy": 7.895667, "activity_lines": [ 9.882207, 9.756326, 9.780968, 9.856291 ] }, { "date": "2024-04-19", "close": 10.189189, "volume": 3800, "typical_volume": 1643.75, "trend": 9.989977, "fair_value": 14.308148, "relative_strength": -12.782498, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.721917, "energy": 29.873417, "activity_lines": [ 10.045495, 9.84183, 9.815492, 9.867037 ] }, { "date": "2024-04-26", "close": 11.070946, "volume": 1271, "typical_volume": 1673.5, "trend": 10.00304, "fair_value": 14.221781, "relative_strength": -7.196549, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.461023, "energy": 51.791928, "activity_lines": [ 10.453716, 10.080528, 9.932593, 9.936777 ] }, { "date": "2024-05-03", "close": 10.385136, "volume": 505, "typical_volume": 1643.15, "trend": 9.989977, "fair_value": 14.127018, "relative_strength": -11.857489, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.156386, "energy": 56.771743, "activity_lines": [ 10.509234, 10.171376, 9.979247, 9.961428 ] }, { "date": "2024-05-10", "close": 10.287162, "volume": 1607, "typical_volume": 1440.8, "trend": 9.983446, "fair_value": 14.036373, "relative_strength": -15.926402, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.468974, "energy": 60.166101, "activity_lines": [ 10.476577, 10.23105, 10.014704, 9.980601 ] }, { "date": "2024-05-17", "close": 10.189189, "volume": 2677, "typical_volume": 1538.15, "trend": 9.98018, "fair_value": 13.939167, "relative_strength": -15.937126, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.519749, "energy": 50.923391, "activity_lines": [ 10.372072, 10.262224, 10.03943, 9.993875 ] }, { "date": "2024-05-24", "close": 9.699324, "volume": 2304, "typical_volume": 1569.6, "trend": 9.970383, "fair_value": 13.845939, "relative_strength": -19.324523, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 20.2841, "energy": 12.712616, "activity_lines": [ 10.130405, 10.196314, 10.01657, 9.975755 ] }, { "date": "2024-05-31", "close": 9.650338, "volume": 397, "typical_volume": 1578.45, "trend": 9.945889, "fair_value": 13.752397, "relative_strength": -18.279474, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.50818, "energy": 17.383895, "activity_lines": [ 9.905068, 10.117045, 9.990444, 9.955107 ] }, { "date": "2024-06-07", "close": 9.356419, "volume": 3261, "typical_volume": 1739.7, "trend": 9.911599, "fair_value": 13.656972, "relative_strength": -20.374661, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.677303, "energy": 29.483221, "activity_lines": [ 9.676464, 9.976321, 9.937025, 9.917077 ] }, { "date": "2024-06-14", "close": 9.258446, "volume": 1287, "typical_volume": 1798.9, "trend": 9.887106, "fair_value": 13.547868, "relative_strength": -18.150921, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.493207, "energy": 48.057443, "activity_lines": [ 9.483784, 9.821345, 9.876375, 9.874938 ] }, { "date": "2024-06-21", "close": 9.503378, "volume": 2600, "typical_volume": 1876.4, "trend": 9.870777, "fair_value": 13.43559, "relative_strength": -16.057457, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.077372, "energy": 61.006598, "activity_lines": [ 9.441329, 9.718919, 9.843018, 9.850181 ] }, { "date": "2024-06-28", "close": 9.307432, "volume": 516, "typical_volume": 1901.7, "trend": 9.851182, "fair_value": 13.322056, "relative_strength": -17.605455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.209845, "energy": 65.175923, "activity_lines": [ 9.379279, 9.600461, 9.792398, 9.813837 ] }, { "date": "2024-07-05", "close": 9.405406, "volume": 600, "typical_volume": 1931.7, "trend": 9.831588, "fair_value": 13.217454, "relative_strength": -17.223959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.101752, "energy": 55.060015, "activity_lines": [ 9.376014, 9.515848, 9.753443, 9.785077 ] }, { "date": "2024-07-12", "close": 9.307432, "volume": 10, "typical_volume": 1804.15, "trend": 9.808727, "fair_value": 13.118155, "relative_strength": -18.683951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.108863, "energy": 51.427329, "activity_lines": [ 9.356419, 9.443704, 9.707022, 9.75126 ] }, { "date": "2024-07-19", "close": 8.670609, "volume": 1342, "typical_volume": 1778.1, "trend": 9.764639, "fair_value": 13.014774, "relative_strength": -21.210987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.426523, "energy": 75.776412, "activity_lines": [ 9.127816, 9.275369, 9.601585, 9.677833 ] }, { "date": "2024-07-26", "close": 8.523648, "volume": 2082, "typical_volume": 1875.25, "trend": 9.715653, "fair_value": 12.909265, "relative_strength": -22.950573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.377593, "energy": 88.183435, "activity_lines": [ 8.889414, 9.109705, 9.48705, 9.597769 ] }, { "date": "2024-08-02", "close": 7.984797, "volume": 1530, "typical_volume": 1832.8, "trend": 9.648705, "fair_value": 12.812164, "relative_strength": -24.052684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.016031, "energy": 96.931068, "activity_lines": [ 8.536712, 8.876351, 9.327027, 9.486101 ] }, { "date": "2024-08-09", "close": 8.180743, "volume": 4700, "typical_volume": 1882.9, "trend": 9.59482, "fair_value": 12.719878, "relative_strength": -21.796675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.701929, "energy": 92.009638, "activity_lines": [ 8.3375, 8.709797, 9.192664, 9.391394 ] }, { "date": "2024-08-16", "close": 7.788851, "volume": 6895, "typical_volume": 2173.5, "trend": 9.527871, "fair_value": 12.621522, "relative_strength": -27.272316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.997346, "energy": 94.929782, "activity_lines": [ 8.089302, 8.49871, 9.025877, 9.27488 ] }, { "date": "2024-08-23", "close": 7.298986, "volume": 3921, "typical_volume": 2260.15, "trend": 9.434797, "fair_value": 12.520025, "relative_strength": -32.206966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.687759, "energy": 97.522743, "activity_lines": [ 7.779054, 8.227058, 8.820833, 9.131081 ] }, { "date": "2024-08-30", "close": 7.25, "volume": 1015, "typical_volume": 2116.0, "trend": 9.349887, "fair_value": 12.414655, "relative_strength": -32.849242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.990252, "energy": 94.886592, "activity_lines": [ 7.543919, 7.982125, 8.622555, 8.990126 ] }, { "date": "2024-09-06", "close": 7.347973, "volume": 512, "typical_volume": 1951.6, "trend": 9.268243, "fair_value": 12.313472, "relative_strength": -28.879505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.23281, "energy": 90.727405, "activity_lines": [ 7.426351, 7.795976, 8.449469, 8.860971 ] }, { "date": "2024-09-13", "close": 7.298986, "volume": 2710, "typical_volume": 2023.55, "trend": 9.184966, "fair_value": 12.213161, "relative_strength": -30.052247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.198306, "energy": 87.638302, "activity_lines": [ 7.33491, 7.636548, 8.285248, 8.733922 ] }, { "date": "2024-09-20", "close": 7.690878, "volume": 1785, "typical_volume": 2087.55, "trend": 9.119651, "fair_value": 12.12248, "relative_strength": -25.590354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.903627, "energy": 67.285026, "activity_lines": [ 7.432883, 7.58667, 8.176311, 8.637529 ] }, { "date": "2024-09-27", "close": 7.396959, "volume": 652, "typical_volume": 2039.8, "trend": 9.042905, "fair_value": 12.041778, "relative_strength": -30.442382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.542349, "energy": 65.766666, "activity_lines": [ 7.439414, 7.512745, 8.052212, 8.526387 ] }, { "date": "2024-10-04", "close": 7.445946, "volume": 1503, "typical_volume": 1981.1, "trend": 8.96616, "fair_value": 11.969694, "relative_strength": -27.882021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.960677, "energy": 61.672578, "activity_lines": [ 7.455743, 7.470884, 7.946541, 8.423358 ] }, { "date": "2024-10-11", "close": 7.494932, "volume": 3441, "typical_volume": 2037.95, "trend": 8.900844, "fair_value": 11.893179, "relative_strength": -27.572485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.563293, "energy": 51.097068, "activity_lines": [ 7.475338, 7.457524, 7.858599, 8.32844 ] }, { "date": "2024-10-18", "close": 7.445946, "volume": 55, "typical_volume": 2020.85, "trend": 8.842061, "fair_value": 11.818722, "relative_strength": -28.26667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.937926, "energy": 52.592218, "activity_lines": [ 7.468806, 7.444164, 7.776488, 8.234576 ] }, { "date": "2024-10-25", "close": 7.445946, "volume": 1670, "typical_volume": 1941.3, "trend": 8.771847, "fair_value": 11.743079, "relative_strength": -26.758051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.853128, "energy": 49.506734, "activity_lines": [ 7.452477, 7.444164, 7.704874, 8.144504 ] }, { "date": "2024-11-01", "close": 7.543919, "volume": 1799, "typical_volume": 1966.9, "trend": 8.7, "fair_value": 11.669251, "relative_strength": -24.175385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.686, "energy": 46.355219, "activity_lines": [ 7.485135, 7.468212, 7.651689, 8.065282 ] }, { "date": "2024-11-08", "close": 7.494932, "volume": 4794, "typical_volume": 2076.6, "trend": 8.597128, "fair_value": 11.595108, "relative_strength": -23.684583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.989333, "energy": 42.128279, "activity_lines": [ 7.491667, 7.4789, 7.602003, 7.987536 ] }, { "date": "2024-11-15", "close": 7.054054, "volume": 6140, "typical_volume": 2357.8, "trend": 8.492624, "fair_value": 11.519326, "relative_strength": -27.444944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.703729, "energy": 56.711906, "activity_lines": [ 7.347973, 7.404975, 7.519892, 7.887983 ] }, { "date": "2024-11-22", "close": 6.662162, "volume": 1800, "typical_volume": 2417.8, "trend": 8.345664, "fair_value": 11.447556, "relative_strength": -31.143123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.793324, "energy": 68.556868, "activity_lines": [ 7.10304, 7.265141, 7.411189, 7.769889 ] }, { "date": "2024-11-29", "close": 6.564189, "volume": 3191, "typical_volume": 2576.85, "trend": 8.218299, "fair_value": 11.37753, "relative_strength": -32.508828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.196818, "energy": 86.861756, "activity_lines": [ 6.877703, 7.119072, 7.306218, 7.654955 ] }, { "date": "2024-12-06", "close": 6.613175, "volume": 715, "typical_volume": 2545.5, "trend": 8.095833, "fair_value": 11.303073, "relative_strength": -33.83605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.922975, "energy": 88.261647, "activity_lines": [ 6.727477, 7.002395, 7.218975, 7.551398 ] }, { "date": "2024-12-13", "close": 6.515203, "volume": 1400, "typical_volume": 2511.4, "trend": 7.973367, "fair_value": 11.229175, "relative_strength": -34.168402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.311637, "energy": 88.947039, "activity_lines": [ 6.606644, 6.882156, 7.132199, 7.449422 ] }, { "date": "2024-12-20", "close": 6.172297, "volume": 7756, "typical_volume": 2822.7, "trend": 7.855799, "fair_value": 11.154858, "relative_strength": -35.2599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.998983, "energy": 91.678348, "activity_lines": [ 6.436824, 6.716492, 7.022329, 7.333224 ] }, { "date": "2024-12-27", "close": 6.41723, "volume": 3391, "typical_volume": 2757.25, "trend": 7.748029, "fair_value": 11.083297, "relative_strength": -32.278037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.404264, "energy": 75.356221, "activity_lines": [ 6.407432, 6.61941, 6.944417, 7.240413 ] }, { "date": "2025-01-03", "close": 6.515203, "volume": 2009, "typical_volume": 2512.95, "trend": 7.653322, "fair_value": 11.007026, "relative_strength": -30.195565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.587101, "energy": 65.092231, "activity_lines": [ 6.427027, 6.558845, 6.884234, 7.160876 ] }, { "date": "2025-01-10", "close": 6.760135, "volume": 78, "typical_volume": 2320.8, "trend": 7.570045, "fair_value": 10.939443, "relative_strength": -27.932303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.563697, "energy": 57.778378, "activity_lines": [ 6.531532, 6.559736, 6.853443, 7.103251 ] }, { "date": "2025-01-17", "close": 6.760135, "volume": 220, "typical_volume": 2281.05, "trend": 7.478603, "fair_value": 10.87008, "relative_strength": -29.522423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.950701, "energy": 40.157616, "activity_lines": [ 6.626239, 6.574877, 6.825217, 7.050999 ] }, { "date": "2025-01-24", "close": 6.515203, "volume": 6805, "typical_volume": 2595.7, "trend": 7.385529, "fair_value": 10.800334, "relative_strength": -32.818767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.42939, "energy": 34.505861, "activity_lines": [ 6.622973, 6.558845, 6.775997, 6.988844 ] }, { "date": "2025-01-31", "close": 6.613175, "volume": 651, "typical_volume": 2492.75, "trend": 7.292455, "fair_value": 10.734774, "relative_strength": -32.07447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.48084, "energy": 27.829335, "activity_lines": [ 6.629504, 6.570424, 6.740074, 6.939015 ] }, { "date": "2025-02-07", "close": 6.564189, "volume": 850, "typical_volume": 2446.0, "trend": 7.201013, "fair_value": 10.669494, "relative_strength": -31.936825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.311193, "energy": 30.681415, "activity_lines": [ 6.606644, 6.573986, 6.702751, 6.89203 ] }, { "date": "2025-02-14", "close": 6.564189, "volume": 2209, "typical_volume": 2523.85, "trend": 7.130799, "fair_value": 10.607772, "relative_strength": -33.319556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.26582, "energy": 34.408643, "activity_lines": [ 6.580518, 6.577549, 6.670793, 6.850944 ] }, { "date": "2025-02-21", "close": 6.368243, "volume": 6566, "typical_volume": 2777.0, "trend": 7.058953, "fair_value": 10.551319, "relative_strength": -33.874269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.596694, "energy": 45.896918, "activity_lines": [ 6.502139, 6.546376, 6.624139, 6.801747 ] }, { "date": "2025-02-28", "close": 6.515203, "volume": 11, "typical_volume": 2605.5, "trend": 7.009966, "fair_value": 10.510044, "relative_strength": -32.363245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.947725, "energy": 42.135125, "activity_lines": [ 6.498874, 6.544595, 6.596613, 6.766667 ] }, { "date": "2025-03-07", "close": 6.27027, "volume": 755, "typical_volume": 2640.5, "trend": 6.946284, "fair_value": 10.46186, "relative_strength": -35.401396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.231734, "energy": 59.950892, "activity_lines": [ 6.413964, 6.492045, 6.550426, 6.718944 ] }, { "date": "2025-03-14", "close": 5.829391, "volume": 8836, "typical_volume": 2998.8, "trend": 6.880968, "fair_value": 10.406104, "relative_strength": -39.126745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.418366, "energy": 83.057277, "activity_lines": [ 6.204955, 6.362008, 6.467849, 6.646887 ] }, { "date": "2025-03-21", "close": 5.780406, "volume": 6407, "typical_volume": 3229.2, "trend": 6.830349, "fair_value": 10.34529, "relative_strength": -38.670182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.179007, "energy": 92.724088, "activity_lines": [ 6.028604, 6.235534, 6.388304, 6.575883 ] }, { "date": "2025-03-28", "close": 5.976351, "volume": 37125, "typical_volume": 4845.75, "trend": 6.787894, "fair_value": 10.28929, "relative_strength": -34.611869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.969156, "energy": 85.837202, "activity_lines": [ 5.96982, 6.1625, 6.335819, 6.520786 ] }, { "date": "2025-04-04", "close": 5.780406, "volume": 33977, "typical_volume": 6237.6, "trend": 6.735642, "fair_value": 10.226696, "relative_strength": -30.345121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.251163, "energy": 88.501875, "activity_lines": [ 5.871847, 6.06809, 6.271903, 6.455787 ] }, { "date": "2025-04-11", "close": 5.682433, "volume": 1890, "typical_volume": 6242.1, "trend": 6.681757, "fair_value": 10.163475, "relative_strength": -29.577922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.526922, "energy": 86.706964, "activity_lines": [ 5.790203, 5.969226, 6.204722, 6.387838 ] }, { "date": "2025-04-18", "close": 5.4375, "volume": 15837, "typical_volume": 6874.4, "trend": 6.606644, "fair_value": 10.097496, "relative_strength": -34.240983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.146888, "energy": 73.453416, "activity_lines": [ 5.666104, 5.842752, 6.118879, 6.307563 ] }, { "date": "2025-04-25", "close": 5.143581, "volume": 19916, "typical_volume": 7834.45, "trend": 6.531531, "fair_value": 10.028448, "relative_strength": -39.566856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.556088, "energy": 88.48221, "activity_lines": [ 5.470158, 5.683323, 6.010409, 6.213172 ] }, { "date": "2025-05-02", "close": 5.192568, "volume": 3901, "typical_volume": 7959.5, "trend": 6.456419, "fair_value": 9.960306, "relative_strength": -40.163713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.450558, "energy": 88.863082, "activity_lines": [ 5.332996, 5.55863, 5.913602, 6.126787 ] }, { "date": "2025-05-09", "close": 6.123311, "volume": 24877, "typical_volume": 8815.55, "trend": 6.410698, "fair_value": 9.898724, "relative_strength": -29.642939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.044803, "energy": 54.705548, "activity_lines": [ 5.558334, 5.624539, 5.911736, 6.105296 ] }, { "date": "2025-05-16", "close": 6.760135, "volume": 8577, "typical_volume": 9074.85, "trend": 6.387838, "fair_value": 9.847854, "relative_strength": -22.149715, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -10.770763, "energy": 12.06631, "activity_lines": [ 5.973086, 5.81336, 5.970753, 6.127841 ] }, { "date": "2025-05-23", "close": 6.809121, "volume": 15154, "typical_volume": 9732.1, "trend": 6.36661, "fair_value": 9.796669, "relative_strength": -20.158595, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 8.318633, "energy": 28.816673, "activity_lines": [ 6.33232, 6.002181, 6.032802, 6.15502 ] }, { "date": "2025-05-30", "close": 7.054054, "volume": 6750, "typical_volume": 10065.7, "trend": 6.350281, "fair_value": 9.743286, "relative_strength": -17.554166, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.836449, "energy": 51.671402, "activity_lines": [ 6.681757, 6.217721, 6.116779, 6.199372 ] }, { "date": "2025-06-06", "close": 7.396959, "volume": 5381, "typical_volume": 10323.75, "trend": 6.347016, "fair_value": 9.693986, "relative_strength": -13.708191, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.148609, "energy": 68.049467, "activity_lines": [ 7.01813, 6.472451, 6.232014, 6.266899 ] }, { "date": "2025-06-13", "close": 7.445946, "volume": 2395, "typical_volume": 10103.25, "trend": 6.360079, "fair_value": 9.647512, "relative_strength": -9.247043, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.091746, "energy": 83.469982, "activity_lines": [ 7.223874, 6.710258, 6.348882, 6.337798 ] }, { "date": "2025-06-20", "close": 7.445946, "volume": 0, "typical_volume": 10070.7, "trend": 6.386205, "fair_value": 9.604805, "relative_strength": -7.562003, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 76.030673, "energy": 90.829683, "activity_lines": [ 7.341441, 6.917782, 6.461318, 6.407854 ] }, { "date": "2025-06-27", "close": 7.347973, "volume": 1627, "typical_volume": 10109.55, "trend": 6.412331, "fair_value": 9.569008, "relative_strength": -10.346586, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.944706, "energy": 87.216564, "activity_lines": [ 7.380631, 7.07543, 6.560457, 6.469903 ] }, { "date": "2025-07-04", "close": 7.347973, "volume": 1176, "typical_volume": 10057.9, "trend": 6.436824, "fair_value": 9.533838, "relative_strength": -8.386151, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.068612, "energy": 82.477103, "activity_lines": [ 7.383896, 7.198341, 6.655864, 6.530267 ] }, { "date": "2025-07-11", "close": 7.298986, "volume": 667, "typical_volume": 9762.95, "trend": 6.46295, "fair_value": 9.492702, "relative_strength": -9.74581, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.696739, "energy": 62.580858, "activity_lines": [ 7.351239, 7.272266, 6.742873, 6.585891 ] }, { "date": "2025-07-18", "close": 7.298986, "volume": 373, "typical_volume": 9781.05, "trend": 6.500507, "fair_value": 9.454706, "relative_strength": -8.945184, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.016952, "energy": 57.885049, "activity_lines": [ 7.325112, 7.307893, 6.82545, 6.639828 ] }, { "date": "2025-07-25", "close": 7.347973, "volume": 680, "typical_volume": 9777.3, "trend": 6.531531, "fair_value": 9.417652, "relative_strength": -7.199617, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.488091, "energy": 53.083616, "activity_lines": [ 7.325112, 7.33105, 6.908961, 6.694504 ] }, { "date": "2025-08-01", "close": 7.298986, "volume": 1914, "typical_volume": 9431.2, "trend": 6.557658, "fair_value": 9.38468, "relative_strength": -3.909342, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.963305, "energy": 46.227618, "activity_lines": [ 7.315315, 7.334613, 6.982674, 6.744017 ] }, { "date": "2025-08-08", "close": 7.25, "volume": 753, "typical_volume": 9148.5, "trend": 6.573986, "fair_value": 9.353907, "relative_strength": -6.569881, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.116308, "energy": 48.325836, "activity_lines": [ 7.292455, 7.320362, 7.044723, 6.788684 ] }, { "date": "2025-08-15", "close": 7.396959, "volume": 1186, "typical_volume": 7351.55, "trend": 6.595214, "fair_value": 9.322191, "relative_strength": -4.752115, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 57.395359, "energy": 55.832164, "activity_lines": [ 7.325112, 7.329269, 7.113771, 6.841779 ] }, { "date": "2025-08-22", "close": 7.494932, "volume": 2069, "typical_volume": 5756.15, "trend": 6.627871, "fair_value": 9.289847, "relative_strength": -3.013634, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.203839, "energy": 68.056166, "activity_lines": [ 7.383896, 7.355989, 7.185384, 6.899825 ] }, { "date": "2025-08-29", "close": 7.445946, "volume": 1186, "typical_volume": 5720.95, "trend": 6.655631, "fair_value": 9.255306, "relative_strength": -1.359441, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.105019, "energy": 75.017077, "activity_lines": [ 7.413288, 7.372911, 7.244168, 6.952604 ] }, { "date": "2025-09-05", "close": 7.347973, "volume": 830, "typical_volume": 4970.6, "trend": 6.681757, "fair_value": 9.220764, "relative_strength": -0.854286, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.153386, "energy": 76.119136, "activity_lines": [ 7.403491, 7.372021, 7.285223, 6.997272 ] }, { "date": "2025-09-12", "close": 7.641892, "volume": 8145, "typical_volume": 4382.05, "trend": 6.71768, "fair_value": 9.191246, "relative_strength": 3.099761, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.411753, "energy": 73.196071, "activity_lines": [ 7.488401, 7.42457, 7.345174, 7.059216 ] }, { "date": "2025-09-19", "close": 7.592905, "volume": 998, "typical_volume": 4236.9, "trend": 6.758502, "fair_value": 9.163927, "relative_strength": 3.262537, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.780078, "energy": 62.011796, "activity_lines": [ 7.530856, 7.462868, 7.388562, 7.115682 ] }, { "date": "2025-09-26", "close": 7.641892, "volume": 784, "typical_volume": 3032.25, "trend": 6.796058, "fair_value": 9.141318, "relative_strength": 3.862743, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.554436, "energy": 62.65363, "activity_lines": [ 7.576577, 7.50473, 7.425185, 7.172675 ] }, { "date": "2025-10-03", "close": 7.641892, "volume": 2084, "typical_volume": 2707.6, "trend": 6.841779, "fair_value": 9.119965, "relative_strength": 1.617829, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.801157, "energy": 61.594927, "activity_lines": [ 7.6125, 7.540356, 7.454577, 7.227245 ] }, { "date": "2025-10-10", "close": 7.641892, "volume": 353, "typical_volume": 1967.55, "trend": 6.902196, "fair_value": 9.09924, "relative_strength": 2.651863, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.798735, "energy": 56.628548, "activity_lines": [ 7.63536, 7.570639, 7.47977, 7.278865 ] }, { "date": "2025-10-17", "close": 8.131757, "volume": 7262, "typical_volume": 1993.15, "trend": 6.980574, "fair_value": 9.083539, "relative_strength": 11.375515, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.66666, "energy": 66.671414, "activity_lines": [ 7.801915, 7.683753, 7.547651, 7.358192 ] }, { "date": "2025-10-24", "close": 8.278716, "volume": 9331, "typical_volume": 2190.65, "trend": 7.05732, "fair_value": 9.065012, "relative_strength": 11.763384, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.002238, "energy": 71.97533, "activity_lines": [ 7.984797, 7.807555, 7.624397, 7.441943 ] }, { "date": "2025-10-31", "close": 8.376689, "volume": 600, "typical_volume": 2100.9, "trend": 7.143863, "fair_value": 9.050881, "relative_strength": 14.719496, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.615193, "energy": 89.04698, "activity_lines": [ 8.154617, 7.933139, 7.706274, 7.527063 ] }, { "date": "2025-11-07", "close": 8.376689, "volume": 3321, "typical_volume": 2266.95, "trend": 7.233671, "fair_value": 9.037379, "relative_strength": 16.865127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.548542, "energy": 88.566678, "activity_lines": [ 8.27545, 8.04269, 7.783719, 7.6066 ] }, { "date": "2025-11-14", "close": 8.08277, "volume": 1979, "typical_volume": 2284.55, "trend": 7.321847, "fair_value": 9.021992, "relative_strength": 11.518799, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.967997, "energy": 75.813313, "activity_lines": [ 8.249324, 8.08188, 7.82874, 7.661381 ] }, { "date": "2025-11-21", "close": 7.739865, "volume": 1350, "typical_volume": 2293.25, "trend": 7.40839, "fair_value": 9.005035, "relative_strength": 10.483699, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.100266, "energy": 48.966324, "activity_lines": [ 8.079504, 8.045362, 7.837604, 7.68835 ] }, { "date": "2025-11-28", "close": 7.690878, "volume": 569, "typical_volume": 2288.35, "trend": 7.491667, "fair_value": 8.991532, "relative_strength": 6.433243, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.342633, "energy": 25.794582, "activity_lines": [ 7.919482, 7.998157, 7.839937, 7.706575 ] }, { "date": "2025-12-05", "close": 7.690878, "volume": 407, "typical_volume": 2290.05, "trend": 7.543919, "fair_value": 8.975517, "relative_strength": 5.614738, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.46651, "energy": 25.285756, "activity_lines": [ 7.798648, 7.949171, 7.840404, 7.719427 ] }, { "date": "2025-12-12", "close": 7.25, "volume": 7175, "typical_volume": 2614.8, "trend": 7.560248, "fair_value": 8.961701, "relative_strength": -0.968728, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.445239, "energy": 27.051482, "activity_lines": [ 7.576576, 7.819134, 7.797016, 7.700465 ] }, { "date": "2025-12-19", "close": 7.201013, "volume": 1059, "typical_volume": 2572.05, "trend": 7.573311, "fair_value": 8.945058, "relative_strength": -1.963849, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.452656, "energy": 41.95374, "activity_lines": [ 7.413288, 7.687315, 7.749429, 7.677288 ] }, { "date": "2025-12-26", "close": 7.739865, "volume": 3698, "typical_volume": 2719.3, "trend": 7.596171, "fair_value": 8.932811, "relative_strength": 5.169449, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.520347, "energy": 28.886873, "activity_lines": [ 7.488401, 7.661486, 7.753628, 7.688034 ] }, { "date": "2026-01-02", "close": 7.25, "volume": 4702, "typical_volume": 2895.1, "trend": 7.591272, "fair_value": 8.914598, "relative_strength": -2.088491, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.612592, "energy": 34.523014, "activity_lines": [ 7.400225, 7.553716, 7.70884, 7.6657 ] }, { "date": "2026-01-09", "close": 7.25, "volume": 5411, "typical_volume": 3062.2, "trend": 7.584741, "fair_value": 8.897013, "relative_strength": -4.599746, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.433999, "energy": 33.966341, "activity_lines": [ 7.341441, 7.46465, 7.664752, 7.643683 ] }, { "date": "2026-01-16", "close": 7.396959, "volume": 5895, "typical_volume": 3297.65, "trend": 7.583108, "fair_value": 8.871578, "relative_strength": -2.609546, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.959158, "energy": 21.794007, "activity_lines": [ 7.361036, 7.422789, 7.635827, 7.631568 ] }, { "date": "2026-01-23", "close": 7.641892, "volume": 3695, "typical_volume": 3440.9, "trend": 7.592905, "fair_value": 8.848969, "relative_strength": 2.201571, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.502779, "energy": 16.77057, "activity_lines": [ 7.452477, 7.443274, 7.630462, 7.63536 ] }, { "date": "2026-01-30", "close": 7.739865, "volume": 1315, "typical_volume": 3099.4, "trend": 7.605968, "fair_value": 8.823848, "relative_strength": 4.963779, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.371772, "energy": 3.829621, "activity_lines": [ 7.547185, 7.489588, 7.633028, 7.644842 ] }, { "date": "2026-02-06", "close": 7.347973, "volume": 2520, "typical_volume": 3175.5, "trend": 7.607601, "fair_value": 8.798726, "relative_strength": -1.061386, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.898754, "energy": 9.794115, "activity_lines": [ 7.511261, 7.46465, 7.597804, 7.628197 ] }, { "date": "2026-02-13", "close": 7.494932, "volume": 894, "typical_volume": 3181.0, "trend": 7.614133, "fair_value": 8.772035, "relative_strength": 0.074655, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.388644, "energy": 7.247427, "activity_lines": [ 7.517793, 7.472666, 7.577743, 7.620928 ] }, { "date": "2026-02-20", "close": 7.201013, "volume": 1992, "typical_volume": 3176.4, "trend": 7.609234, "fair_value": 8.744716, "relative_strength": -5.162077, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.816534, "energy": 27.316151, "activity_lines": [ 7.410022, 7.430804, 7.530389, 7.594275 ] }, { "date": "2026-02-27", "close": 7.445946, "volume": 596, "typical_volume": 3188.55, "trend": 7.614133, "fair_value": 8.724619, "relative_strength": -2.062702, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.917452, "energy": 29.908947, "activity_lines": [ 7.396959, 7.434367, 7.508462, 7.58374 ] }, { "date": "2026-03-06", "close": 7.005067, "volume": 901, "typical_volume": 2870.5, "trend": 7.605968, "fair_value": 8.700439, "relative_strength": -1.402467, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.700989, "energy": 48.952397, "activity_lines": [ 7.25, 7.353317, 7.445479, 7.544446 ] }, { "date": "2026-03-13", "close": 6.956081, "volume": 541, "typical_volume": 2431.0, "trend": 7.591272, "fair_value": 8.67469, "relative_strength": -1.761932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.930766, "energy": 63.067906, "activity_lines": [ 7.135698, 7.27672, 7.383196, 7.502517 ] }, { "date": "2026-03-20", "close": 6.760135, "volume": 1336, "typical_volume": 2467.8, "trend": 7.566779, "fair_value": 8.645173, "relative_strength": -0.291703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.76105, "energy": 70.923815, "activity_lines": [ 6.982207, 7.16984, 7.30855, 7.448896 ] }, { "date": "2026-03-27", "close": 7.152027, "volume": 4158, "typical_volume": 2509.65, "trend": 7.556982, "fair_value": 8.620679, "relative_strength": 5.498352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.456177, "energy": 60.671321, "activity_lines": [ 7.008333, 7.14312, 7.278925, 7.422137 ] }, { "date": "2026-04-03", "close": 7.298986, "volume": 917, "typical_volume": 2456.55, "trend": 7.555349, "fair_value": 8.5965, "relative_strength": 3.406467, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.431367, "energy": 43.476547, "activity_lines": [ 7.086711, 7.147573, 7.269128, 7.405492 ] }, { "date": "2026-04-10", "close": 7.25, "volume": 1696, "typical_volume": 2473.85, "trend": 7.542286, "fair_value": 8.568239, "relative_strength": -0.19296, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.741308, "energy": 25.523102, "activity_lines": [ 7.158558, 7.149355, 7.258398, 7.385792 ] }, { "date": "2026-04-17", "close": 7.445946, "volume": 748, "typical_volume": 2482.8, "trend": 7.537387, "fair_value": 8.543746, "relative_strength": -1.502427, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.063925, "energy": 17.774846, "activity_lines": [ 7.279392, 7.195669, 7.268661, 7.379577 ] }, { "date": "2026-04-24", "close": 7.396959, "volume": 123, "typical_volume": 2468.6, "trend": 7.529223, "fair_value": 8.519566, "relative_strength": -0.297554, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.665143, "energy": 19.040877, "activity_lines": [ 7.351239, 7.231296, 7.275426, 7.370517 ] }, { "date": "2026-05-01", "close": 7.494932, "volume": 135, "typical_volume": 2116.6, "trend": 7.524324, "fair_value": 8.496015, "relative_strength": -0.178536, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.857093, "energy": 16.754194, "activity_lines": [ 7.413288, 7.286517, 7.292921, 7.368305 ] }, { "date": "2026-05-08", "close": 7.25, "volume": 788, "typical_volume": 2103.05, "trend": 7.511261, "fair_value": 8.47215, "relative_strength": -3.847345, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.59336, "energy": 14.460775, "activity_lines": [ 7.370833, 7.291861, 7.285923, 7.350606 ] }, { "date": "2026-05-15", "close": 7.5, "volume": 4507, "typical_volume": 2143.5, "trend": 7.490203, "fair_value": 8.442979, "relative_strength": 0.900043, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.719932, "energy": 9.732401, "activity_lines": [ 7.414977, 7.346222, 7.302501, 7.34988 ] }, { "date": "2026-05-22", "close": 7.55, "volume": 10, "typical_volume": 1908.9, "trend": 7.465912, "fair_value": 8.412244, "relative_strength": -2.347245, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.499918, "energy": 12.627339, "activity_lines": [ 7.459122, 7.400676, 7.324984, 7.353738 ] }, { "date": "2026-05-29", "close": 7.5, "volume": 505, "typical_volume": 1663.6, "trend": 7.436689, "fair_value": 8.381189, "relative_strength": -3.857687, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.607468, "energy": 18.420196, "activity_lines": [ 7.479662, 7.435239, 7.341276, 7.355937 ] }, { "date": "2026-06-05", "close": 7.45, "volume": 722, "typical_volume": 1404.95, "trend": 7.405799, "fair_value": 8.349814, "relative_strength": -3.144737, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.163327, "energy": 24.247963, "activity_lines": [ 7.476667, 7.44726, 7.351615, 7.356796 ] }, { "date": "2026-06-12", "close": 7.8, "volume": 811, "typical_volume": 1260.75, "trend": 7.396374, "fair_value": 8.319426, "relative_strength": 1.91497, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.75462, "energy": 45.148593, "activity_lines": [ 7.593333, 7.5175, 7.395035, 7.382228 ] }, { "date": "2026-06-19", "close": 7.85, "volume": 1, "typical_volume": 1195.05, "trend": 7.400045, "fair_value": 8.289986, "relative_strength": 1.158789, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.841361, "energy": 63.352412, "activity_lines": [ 7.69, 7.587721, 7.442465, 7.411494 ] }, { "date": "2026-06-26", "close": 7.8, "volume": 40, "typical_volume": 1071.05, "trend": 7.403682, "fair_value": 8.266506, "relative_strength": 1.730586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.556664, "energy": 74.533887, "activity_lines": [ 7.746667, 7.637942, 7.484607, 7.437298 ] }, { "date": "2026-07-03", "close": 7.35, "volume": 7503, "typical_volume": 1401.5, "trend": 7.39232, "fair_value": 8.239514, "relative_strength": -8.123722, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.324043, "energy": 51.966233, "activity_lines": [ 7.636667, 7.599908, 7.481741, 7.433835 ] }, { "date": "2026-07-10", "close": 7.5, "volume": 1673, "typical_volume": 1385.55, "trend": 7.400653, "fair_value": 8.212227, "relative_strength": -3.574665, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.674085, "energy": 26.183786, "activity_lines": [ 7.586667, 7.59, 7.49385, 7.440782 ] }, { "date": "2026-07-17", "close": 7.95, "volume": 7306, "typical_volume": 1721.05, "trend": 7.425619, "fair_value": 8.187197, "relative_strength": 3.057139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.679871, "energy": 38.130948, "activity_lines": [ 7.683333, 7.661818, 7.547392, 7.476223 ] }, { "date": "2026-07-24", "close": 7.9, "volume": 374, "typical_volume": 1694.7, "trend": 7.430957, "fair_value": 8.161846, "relative_strength": 1.244352, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.258044, "energy": 37.703292, "activity_lines": [ 7.753333, 7.711818, 7.593772, 7.506829 ] }, { "date": "2026-07-31", "close": 7.35, "volume": 4265, "typical_volume": 1880.9, "trend": 7.43429, "fair_value": 8.134225, "relative_strength": -7.611407, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.242642, "energy": 18.853769, "activity_lines": [ 7.636667, 7.654545, 7.58351, 7.501606 ] }, { "date": "2026-08-07", "close": 7.05, "volume": 4972, "typical_volume": 2062.7, "trend": 7.427624, "fair_value": 8.105938, "relative_strength": -13.533897, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.471234, "energy": 5.240108, "activity_lines": [ 7.45, 7.546364, 7.542801, 7.476813 ] } ], "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." } } }