{ "ticker": { "uuid": "07199f26-1fa9-4470-95c8-f15c4c6c90e0", "symbol": "KTBSTMR", "name": "KTBST Mixed Freehold and Leasehold Real Estate Investment Trust", "exchange": "SET", "country": "TH", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^SET.BK", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 89.077, "architecture_energy": 75.728, "architecture_maturity": 100.0, "architecture_confidence": 64.821, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 4.03, "rotation_up": 85.49, "upward_expansion": 87.67, "deceleration": 65.08, "rotation_down": 8.87, "downward_expansion": 12.0 }, "activity_lines": [ 7.073333, 6.789091, 6.357655, 6.078599 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 7.35, "trend_reference": 5.747073, "distance_from_trend": 0.278912, "trend_direction": "Improving", "fair_value": 5.221578, "distance_from_fair_value": 0.407621, "fair_value_direction": "Improving", "relative_strength": 17.304953, "relative_strength_direction": "Improving", "price_momentum": 0.42322, "excess_performance": 0.230895, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.278912, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.095547, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.407621, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.334386, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.17305, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.23789, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.42322, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.421263, "read": "Demand-led" } ], "volume": { "latest": 1075300, "relative_activity": 1.412397, "balance": 2.421263, "dry_up": 1.918846, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.037127, "annualized_volatility": 0.174636, "from_high_reference": -0.013423, "from_low_reference": 0.549542 }, "levels": { "trend_reference": 5.747073, "fair_value_reference": 5.221578, "structural_low": 5.022209, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.007605, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.014479, "regime_survival": 0.785714, "best_return": 0.104, "worst_return": -0.058824, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.041865, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.015894, "regime_survival": 0.8, "best_return": 0.234045, "worst_return": -0.04947, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.086085, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.03368, "regime_survival": 0.666667, "best_return": 0.245459, "worst_return": -0.037017, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.045882, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.192833, "regime_survival": 0.0, "best_return": 0.045882, "worst_return": 0.045882, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-09-06", "tenure": "Developing", "return": 0.058975, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2024-10-25", "tenure": "Developing", "return": -0.007634, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": 0.015152, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": -0.023077, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2024-12-27", "tenure": "New", "return": -0.008, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": -0.016, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-03-28", "tenure": "Developing", "return": 0.046872, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": -0.066116, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-08-08", "tenure": "Established", "return": 0.039712, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": -0.027115, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-10-24", "tenure": "Developing", "return": -0.027523, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2025-12-05", "tenure": "Developing", "return": 0.028826, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": 0.037736, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-08-07", "tenure": "Extended", "return": 0.397576, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.408169, "volume": 208900, "typical_volume": 117465.0, "trend": 5.979274, "fair_value": 6.104182, "relative_strength": -6.103089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.597532, "energy": 54.676331, "activity_lines": [ 5.410573, 5.472412, 5.71741, 5.847373 ] }, { "date": "2023-08-25", "close": 5.354153, "volume": 135500, "typical_volume": 122115.0, "trend": 5.958037, "fair_value": 6.096117, "relative_strength": -9.369202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.817022, "energy": 54.589289, "activity_lines": [ 5.385357, 5.433092, 5.665604, 5.807043 ] }, { "date": "2023-09-01", "close": 5.280303, "volume": 77000, "typical_volume": 122960.0, "trend": 5.928567, "fair_value": 6.087438, "relative_strength": -10.530117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.53306, "energy": 54.795438, "activity_lines": [ 5.346336, 5.394437, 5.610722, 5.763318 ] }, { "date": "2023-09-08", "close": 5.243378, "volume": 90900, "typical_volume": 115650.0, "trend": 5.897866, "fair_value": 6.078553, "relative_strength": -10.204249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.87681, "energy": 53.987191, "activity_lines": [ 5.305934, 5.358604, 5.556634, 5.719112 ] }, { "date": "2023-09-15", "close": 5.169528, "volume": 213200, "typical_volume": 123710.0, "trend": 5.864703, "fair_value": 6.069084, "relative_strength": -10.995996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.808779, "energy": 55.518589, "activity_lines": [ 5.251902, 5.316274, 5.500503, 5.672123 ] }, { "date": "2023-09-22", "close": 4.984901, "volume": 170000, "typical_volume": 132120.0, "trend": 5.82654, "fair_value": 6.057907, "relative_strength": -12.870889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.406164, "energy": 94.985295, "activity_lines": [ 5.149834, 5.24668, 5.431795, 5.615361 ] }, { "date": "2023-09-29", "close": 4.947977, "volume": 76900, "typical_volume": 129850.0, "trend": 5.788301, "fair_value": 6.046582, "relative_strength": -10.289745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.578602, "energy": 95.472193, "activity_lines": [ 5.063675, 5.17938, 5.365792, 5.55868 ] }, { "date": "2023-10-06", "close": 4.726426, "volume": 75600, "typical_volume": 125870.0, "trend": 5.739668, "fair_value": 6.033247, "relative_strength": -12.100076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.823793, "energy": 97.875799, "activity_lines": [ 4.930745, 5.082132, 5.284412, 5.490172 ] }, { "date": "2023-10-13", "close": 4.578725, "volume": 189400, "typical_volume": 131075.0, "trend": 5.68729, "fair_value": 6.018701, "relative_strength": -15.277483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.787181, "energy": 97.148741, "activity_lines": [ 4.785506, 4.97108, 5.195914, 5.415272 ] }, { "date": "2023-10-20", "close": 4.504874, "volume": 98100, "typical_volume": 133990.0, "trend": 5.63245, "fair_value": 6.003713, "relative_strength": -13.344183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.690038, "energy": 92.898317, "activity_lines": [ 4.65996, 4.861681, 5.108453, 5.338987 ] }, { "date": "2023-10-27", "close": 4.5418, "volume": 137500, "typical_volume": 137310.0, "trend": 5.576485, "fair_value": 5.989381, "relative_strength": -11.711261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.615443, "energy": 70.954359, "activity_lines": [ 4.591033, 4.774764, 5.03293, 5.268623 ] }, { "date": "2023-11-03", "close": 4.5418, "volume": 529100, "typical_volume": 151505.0, "trend": 5.521697, "fair_value": 5.975326, "relative_strength": -13.431992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.436908, "energy": 68.547947, "activity_lines": [ 4.551647, 4.703599, 4.96531, 5.201869 ] }, { "date": "2023-11-10", "close": 4.504874, "volume": 265400, "typical_volume": 150145.0, "trend": 5.465679, "fair_value": 5.961187, "relative_strength": -12.066431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.442781, "energy": 68.158661, "activity_lines": [ 4.52703, 4.640491, 4.901733, 5.136267 ] }, { "date": "2023-11-17", "close": 4.5418, "volume": 633100, "typical_volume": 169980.0, "trend": 5.407357, "fair_value": 5.947669, "relative_strength": -12.738447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.790301, "energy": 64.931043, "activity_lines": [ 4.529491, 4.598195, 4.847862, 5.076662 ] }, { "date": "2023-11-24", "close": 4.669579, "volume": 394000, "typical_volume": 182570.0, "trend": 5.355651, "fair_value": 5.935612, "relative_strength": -8.875088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.241154, "energy": 57.476027, "activity_lines": [ 4.577008, 4.591887, 4.811316, 5.029064 ] }, { "date": "2023-12-01", "close": 4.745506, "volume": 829900, "typical_volume": 221660.0, "trend": 5.304119, "fair_value": 5.924489, "relative_strength": -6.078247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.145325, "energy": 43.099648, "activity_lines": [ 4.638853, 4.608474, 4.786034, 4.989699 ] }, { "date": "2023-12-08", "close": 4.707543, "volume": 157400, "typical_volume": 224665.0, "trend": 5.256035, "fair_value": 5.913221, "relative_strength": -6.663784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.673995, "energy": 33.001894, "activity_lines": [ 4.674463, 4.622512, 4.760635, 4.951211 ] }, { "date": "2023-12-15", "close": 4.745506, "volume": 37500, "typical_volume": 222930.0, "trend": 5.208038, "fair_value": 5.902508, "relative_strength": -6.373877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.027408, "energy": 23.961652, "activity_lines": [ 4.711679, 4.647823, 4.742703, 4.918273 ] }, { "date": "2023-12-22", "close": 4.821435, "volume": 150200, "typical_volume": 227470.0, "trend": 5.159636, "fair_value": 5.892681, "relative_strength": -5.627989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.371553, "energy": 20.780173, "activity_lines": [ 4.758161, 4.686593, 4.735329, 4.893331 ] }, { "date": "2023-12-29", "close": 4.973292, "volume": 128700, "typical_volume": 229915.0, "trend": 5.116297, "fair_value": 5.884398, "relative_strength": -3.29189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.901251, "energy": 12.71633, "activity_lines": [ 4.836621, 4.748561, 4.745213, 4.881309 ] }, { "date": "2024-01-05", "close": 5.087184, "volume": 70800, "typical_volume": 223010.0, "trend": 5.079158, "fair_value": 5.87728, "relative_strength": -1.842912, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.063351, "energy": 20.057885, "activity_lines": [ 4.932797, 4.822719, 4.767842, 4.879431 ] }, { "date": "2024-01-12", "close": 5.163112, "volume": 42700, "typical_volume": 218370.0, "trend": 5.046953, "fair_value": 5.87096, "relative_strength": 0.645972, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 14.822423, "energy": 30.089425, "activity_lines": [ 5.031503, 4.900766, 4.799231, 4.884847 ] }, { "date": "2024-01-19", "close": 4.783471, "volume": 184800, "typical_volume": 223760.0, "trend": 5.012909, "fair_value": 5.86142, "relative_strength": -4.553382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.14453, "energy": 20.689389, "activity_lines": [ 4.973292, 4.898491, 4.795373, 4.867848 ] }, { "date": "2024-01-26", "close": 4.783471, "volume": 119000, "typical_volume": 225165.0, "trend": 4.984875, "fair_value": 5.852047, "relative_strength": -3.517208, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.129547, "energy": 15.293462, "activity_lines": [ 4.912549, 4.891151, 4.793881, 4.853046 ] }, { "date": "2024-02-02", "close": 4.707543, "volume": 86500, "typical_volume": 218830.0, "trend": 4.957916, "fair_value": 5.84218, "relative_strength": -6.016864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.596794, "energy": 18.69526, "activity_lines": [ 4.829028, 4.865612, 4.787348, 4.835153 ] }, { "date": "2024-02-09", "close": 4.783471, "volume": 107600, "typical_volume": 215710.0, "trend": 4.934689, "fair_value": 5.833132, "relative_strength": -4.665438, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.880395, "energy": 27.113139, "activity_lines": [ 4.788533, 4.853187, 4.790246, 4.823899 ] }, { "date": "2024-02-16", "close": 4.821435, "volume": 38200, "typical_volume": 213775.0, "trend": 4.911525, "fair_value": 5.824558, "relative_strength": -3.632883, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.121829, "energy": 24.785578, "activity_lines": [ 4.78094, 4.846975, 4.797719, 4.816592 ] }, { "date": "2024-02-23", "close": 4.745506, "volume": 793500, "typical_volume": 249670.0, "trend": 4.888235, "fair_value": 5.81549, "relative_strength": -5.776418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.128799, "energy": 25.34869, "activity_lines": [ 4.770816, 4.824886, 4.798563, 4.805881 ] }, { "date": "2024-03-01", "close": 4.745506, "volume": 131300, "typical_volume": 246765.0, "trend": 4.866146, "fair_value": 5.806574, "relative_strength": -3.493343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.814738, "energy": 18.160234, "activity_lines": [ 4.763223, 4.802798, 4.799316, 4.796673 ] }, { "date": "2024-03-08", "close": 4.958172, "volume": 323500, "typical_volume": 258035.0, "trend": 4.852348, "fair_value": 5.799562, "relative_strength": -0.395573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.53928, "energy": 2.614844, "activity_lines": [ 4.82905, 4.820757, 4.819529, 4.80261 ] }, { "date": "2024-03-15", "close": 5.075294, "volume": 617600, "typical_volume": 282040.0, "trend": 4.841252, "fair_value": 5.793626, "relative_strength": 2.133693, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.53242, "energy": 28.668049, "activity_lines": [ 4.917208, 4.860285, 4.848738, 4.816994 ] }, { "date": "2024-03-22", "close": 4.958172, "volume": 164600, "typical_volume": 263815.0, "trend": 4.828053, "fair_value": 5.786833, "relative_strength": 0.285017, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.487269, "energy": 36.216943, "activity_lines": [ 4.946871, 4.878735, 4.864252, 4.824537 ] }, { "date": "2024-03-29", "close": 5.075294, "volume": 26100, "typical_volume": 251850.0, "trend": 4.821219, "fair_value": 5.781095, "relative_strength": 2.985906, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.553453, "energy": 62.923485, "activity_lines": [ 5.006459, 4.922206, 4.888938, 4.840488 ] }, { "date": "2024-04-05", "close": 5.075294, "volume": 67100, "typical_volume": 223550.0, "trend": 4.815616, "fair_value": 5.775449, "relative_strength": 3.291739, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.127074, "energy": 65.3175, "activity_lines": [ 5.044061, 4.960371, 4.910907, 4.85688 ] }, { "date": "2024-04-12", "close": 5.075294, "volume": 14500, "typical_volume": 204575.0, "trend": 4.812475, "fair_value": 5.769892, "relative_strength": 1.889766, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.968117, "energy": 62.148223, "activity_lines": [ 5.059678, 4.99323, 4.930336, 4.873633 ] }, { "date": "2024-04-19", "close": 5.036253, "volume": 41600, "typical_volume": 165160.0, "trend": 4.814187, "fair_value": 5.764115, "relative_strength": 6.133172, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.524345, "energy": 61.00291, "activity_lines": [ 5.054472, 5.012304, 4.944115, 4.888071 ] }, { "date": "2024-04-26", "close": 5.114336, "volume": 54200, "typical_volume": 160000.0, "trend": 4.819732, "fair_value": 5.759039, "relative_strength": 5.746244, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.524676, "energy": 55.531814, "activity_lines": [ 5.077897, 5.04098, 4.963946, 4.907435 ] }, { "date": "2024-05-03", "close": 5.153376, "volume": 72200, "typical_volume": 161735.0, "trend": 4.833964, "fair_value": 5.754344, "relative_strength": 5.97283, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.142777, "energy": 51.30758, "activity_lines": [ 5.103924, 5.071428, 4.985558, 4.92896 ] }, { "date": "2024-05-10", "close": 5.114336, "volume": 45600, "typical_volume": 156505.0, "trend": 4.851818, "fair_value": 5.749421, "relative_strength": 5.138431, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.630219, "energy": 48.550535, "activity_lines": [ 5.111733, 5.087362, 5.001509, 4.947049 ] }, { "date": "2024-05-17", "close": 5.34858, "volume": 98800, "typical_volume": 155010.0, "trend": 4.879941, "fair_value": 5.746361, "relative_strength": 9.223923, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.401933, "energy": 69.381158, "activity_lines": [ 5.19502, 5.139179, 5.038375, 4.979098 ] }, { "date": "2024-05-24", "close": 5.407947, "volume": 56500, "typical_volume": 154295.0, "trend": 4.908813, "fair_value": 5.743797, "relative_strength": 11.991217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.718971, "energy": 79.626049, "activity_lines": [ 5.279877, 5.194693, 5.079108, 5.013163 ] }, { "date": "2024-05-31", "close": 5.407947, "volume": 11300, "typical_volume": 152725.0, "trend": 4.937684, "fair_value": 5.741272, "relative_strength": 13.60582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.039581, "energy": 85.127308, "activity_lines": [ 5.339954, 5.244158, 5.118313, 5.045365 ] }, { "date": "2024-06-07", "close": 5.448006, "volume": 19000, "typical_volume": 144435.0, "trend": 4.969122, "fair_value": 5.739083, "relative_strength": 15.493999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.615879, "energy": 86.99694, "activity_lines": [ 5.39381, 5.292729, 5.160167, 5.078289 ] }, { "date": "2024-06-14", "close": 5.407947, "volume": 46500, "typical_volume": 140810.0, "trend": 4.997994, "fair_value": 5.73663, "relative_strength": 16.809605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.616696, "energy": 81.386833, "activity_lines": [ 5.414672, 5.32724, 5.195042, 5.1066 ] }, { "date": "2024-06-21", "close": 5.448006, "volume": 30500, "typical_volume": 138010.0, "trend": 5.023941, "fair_value": 5.734508, "relative_strength": 17.487809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.085368, "energy": 66.189946, "activity_lines": [ 5.429312, 5.362986, 5.230758, 5.135634 ] }, { "date": "2024-06-28", "close": 5.28777, "volume": 95700, "typical_volume": 137415.0, "trend": 5.042017, "fair_value": 5.731247, "relative_strength": 14.310203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.294071, "energy": 47.245308, "activity_lines": [ 5.383912, 5.362822, 5.247688, 5.152655 ] }, { "date": "2024-07-05", "close": 5.047418, "volume": 227200, "typical_volume": 146865.0, "trend": 5.053346, "fair_value": 5.726292, "relative_strength": 8.111504, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.341232, "energy": 17.532889, "activity_lines": [ 5.266406, 5.314384, 5.239325, 5.153003 ] }, { "date": "2024-07-12", "close": 5.127534, "volume": 11600, "typical_volume": 107770.0, "trend": 5.06608, "fair_value": 5.721984, "relative_strength": 8.034847, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.413729, "energy": 19.247909, "activity_lines": [ 5.199641, 5.28173, 5.237517, 5.15779 ] }, { "date": "2024-07-19", "close": 5.127534, "volume": 46600, "typical_volume": 103535.0, "trend": 5.076283, "fair_value": 5.717738, "relative_strength": 9.088759, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.506097, "energy": 17.492543, "activity_lines": [ 5.15424, 5.249545, 5.233889, 5.161754 ] }, { "date": "2024-07-26", "close": 5.127534, "volume": 105300, "typical_volume": 92625.0, "trend": 5.081425, "fair_value": 5.713552, "relative_strength": 9.684091, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.529134, "energy": 14.298128, "activity_lines": [ 5.127534, 5.217121, 5.228443, 5.165061 ] }, { "date": "2024-08-02", "close": 5.367888, "volume": 11200, "typical_volume": 62305.0, "trend": 5.090782, "fair_value": 5.711118, "relative_strength": 13.972499, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.302011, "energy": 11.372153, "activity_lines": [ 5.202311, 5.232416, 5.24508, 5.183542 ] }, { "date": "2024-08-09", "close": 5.28777, "volume": 99200, "typical_volume": 59035.0, "trend": 5.094937, "fair_value": 5.708158, "relative_strength": 13.306485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.907347, "energy": 12.190424, "activity_lines": [ 5.24504, 5.233873, 5.252694, 5.196251 ] }, { "date": "2024-08-16", "close": 5.407947, "volume": 160700, "typical_volume": 65765.0, "trend": 5.115753, "fair_value": 5.706073, "relative_strength": 14.991435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.965347, "energy": 20.9138, "activity_lines": [ 5.311805, 5.259365, 5.270184, 5.216445 ] }, { "date": "2024-08-23", "close": 5.367888, "volume": 68500, "typical_volume": 65835.0, "trend": 5.135233, "fair_value": 5.703741, "relative_strength": 9.460679, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.901575, "energy": 25.570844, "activity_lines": [ 5.346523, 5.278302, 5.282275, 5.232712 ] }, { "date": "2024-08-30", "close": 5.429928, "volume": 119300, "typical_volume": 71075.0, "trend": 5.159313, "fair_value": 5.701865, "relative_strength": 10.024801, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.486744, "energy": 36.877576, "activity_lines": [ 5.385897, 5.309247, 5.298881, 5.251725 ] }, { "date": "2024-09-06", "close": 5.429928, "volume": 106700, "typical_volume": 74330.0, "trend": 5.180861, "fair_value": 5.700015, "relative_strength": 4.510901, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.683917, "energy": 39.541455, "activity_lines": [ 5.405112, 5.340521, 5.313798, 5.269184 ] }, { "date": "2024-09-13", "close": 5.388793, "volume": 399200, "typical_volume": 91580.0, "trend": 5.199773, "fair_value": 5.697912, "relative_strength": 3.719702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.035737, "energy": 31.47296, "activity_lines": [ 5.406479, 5.361731, 5.322923, 5.282599 ] }, { "date": "2024-09-20", "close": 5.553337, "volume": 967900, "typical_volume": 136365.0, "trend": 5.226701, "fair_value": 5.696942, "relative_strength": 4.572616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.52922, "energy": 37.201421, "activity_lines": [ 5.455959, 5.406652, 5.346412, 5.305409 ] }, { "date": "2024-09-27", "close": 5.5122, "volume": 407100, "typical_volume": 154440.0, "trend": 5.252257, "fair_value": 5.69571, "relative_strength": 3.669271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.475018, "energy": 35.480062, "activity_lines": [ 5.482034, 5.436351, 5.364078, 5.323829 ] }, { "date": "2024-10-04", "close": 5.429928, "volume": 155700, "typical_volume": 157285.0, "trend": 5.267983, "fair_value": 5.69395, "relative_strength": 2.284909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.781132, "energy": 32.307709, "activity_lines": [ 5.471064, 5.444097, 5.372015, 5.335291 ] }, { "date": "2024-10-11", "close": 5.429928, "volume": 229200, "typical_volume": 165920.0, "trend": 5.279804, "fair_value": 5.692213, "relative_strength": 0.204578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.347874, "energy": 27.939333, "activity_lines": [ 5.460095, 5.446346, 5.379564, 5.345739 ] }, { "date": "2024-10-18", "close": 5.429928, "volume": 164100, "typical_volume": 173560.0, "trend": 5.295529, "fair_value": 5.690499, "relative_strength": -1.340754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.311077, "energy": 26.483545, "activity_lines": [ 5.449125, 5.447467, 5.387008, 5.355425 ] }, { "date": "2024-10-25", "close": 5.347657, "volume": 100500, "typical_volume": 177635.0, "trend": 5.304608, "fair_value": 5.688273, "relative_strength": -1.279351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.005655, "energy": 15.454249, "activity_lines": [ 5.407989, 5.431044, 5.386513, 5.358788 ] }, { "date": "2024-11-01", "close": 5.429928, "volume": 214400, "typical_volume": 186030.0, "trend": 5.316429, "fair_value": 5.686606, "relative_strength": -0.076452, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.547505, "energy": 15.035436, "activity_lines": [ 5.407989, 5.430676, 5.39433, 5.366873 ] }, { "date": "2024-11-08", "close": 5.471064, "volume": 220600, "typical_volume": 195535.0, "trend": 5.329621, "fair_value": 5.685224, "relative_strength": 0.388167, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.09814, "energy": 17.057732, "activity_lines": [ 5.427186, 5.43666, 5.405961, 5.37685 ] }, { "date": "2024-11-15", "close": 5.5122, "volume": 728800, "typical_volume": 227190.0, "trend": 5.345486, "fair_value": 5.679798, "relative_strength": 2.365304, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 53.791844, "energy": 27.280044, "activity_lines": [ 5.457352, 5.449374, 5.421399, 5.388629 ] }, { "date": "2024-11-22", "close": 5.493037, "volume": 376000, "typical_volume": 234630.0, "trend": 5.358109, "fair_value": 5.674663, "relative_strength": 1.511863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.457678, "energy": 35.874432, "activity_lines": [ 5.475646, 5.457109, 5.433944, 5.398148 ] }, { "date": "2024-11-29", "close": 5.493037, "volume": 187300, "typical_volume": 243415.0, "trend": 5.369432, "fair_value": 5.669528, "relative_strength": 2.629651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.556296, "energy": 41.87545, "activity_lines": [ 5.489733, 5.462948, 5.444367, 5.406853 ] }, { "date": "2024-12-06", "close": 5.450782, "volume": 255800, "typical_volume": 253875.0, "trend": 5.380646, "fair_value": 5.663914, "relative_strength": -0.049637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.345371, "energy": 34.812464, "activity_lines": [ 5.480042, 5.462201, 5.449025, 5.412102 ] }, { "date": "2024-12-13", "close": 5.366274, "volume": 661200, "typical_volume": 281670.0, "trend": 5.381236, "fair_value": 5.657553, "relative_strength": -0.376468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.248045, "energy": 12.834996, "activity_lines": [ 5.440792, 5.447206, 5.444095, 5.411174 ] }, { "date": "2024-12-20", "close": 5.281765, "volume": 835800, "typical_volume": 322900.0, "trend": 5.37703, "fair_value": 5.651063, "relative_strength": 2.60899, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.678381, "energy": 11.498685, "activity_lines": [ 5.380359, 5.418002, 5.42998, 5.404757 ] }, { "date": "2024-12-27", "close": 5.239511, "volume": 512400, "typical_volume": 343560.0, "trend": 5.371416, "fair_value": 5.644096, "relative_strength": -0.969041, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.549666, "energy": 37.080367, "activity_lines": [ 5.321203, 5.38381, 5.412251, 5.395885 ] }, { "date": "2025-01-03", "close": 5.281765, "volume": 127200, "typical_volume": 341885.0, "trend": 5.365874, "fair_value": 5.637813, "relative_strength": 0.904167, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.490981, "energy": 47.373227, "activity_lines": [ 5.293033, 5.360763, 5.398776, 5.390101 ] }, { "date": "2025-01-10", "close": 5.281765, "volume": 662800, "typical_volume": 371600.0, "trend": 5.361668, "fair_value": 5.63153, "relative_strength": 2.032997, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.528178, "energy": 51.903236, "activity_lines": [ 5.278948, 5.338914, 5.385902, 5.384674 ] }, { "date": "2025-01-17", "close": 5.197258, "volume": 449000, "typical_volume": 388085.0, "trend": 5.35331, "fair_value": 5.624913, "relative_strength": 2.232978, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.793801, "energy": 58.79924, "activity_lines": [ 5.247962, 5.304393, 5.36539, 5.374067 ] }, { "date": "2025-01-24", "close": 5.155004, "volume": 328600, "typical_volume": 399180.0, "trend": 5.348884, "fair_value": 5.618438, "relative_strength": 0.237386, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.968144, "energy": 58.152545, "activity_lines": [ 5.214159, 5.267169, 5.341961, 5.361273 ] }, { "date": "2025-01-31", "close": 5.197258, "volume": 442700, "typical_volume": 401355.0, "trend": 5.353879, "fair_value": 5.612648, "relative_strength": 3.810691, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.109882, "energy": 60.483014, "activity_lines": [ 5.202892, 5.244121, 5.323866, 5.351491 ] }, { "date": "2025-02-07", "close": 5.070495, "volume": 1122200, "typical_volume": 409070.0, "trend": 5.351978, "fair_value": 5.606046, "relative_strength": 3.572503, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.585383, "energy": 64.730375, "activity_lines": [ 5.152187, 5.203404, 5.29461, 5.333208 ] }, { "date": "2025-02-14", "close": 4.985987, "volume": 294200, "typical_volume": 403425.0, "trend": 5.347259, "fair_value": 5.599523, "relative_strength": 2.418384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.819567, "energy": 74.303472, "activity_lines": [ 5.087397, 5.155003, 5.259605, 5.309596 ] }, { "date": "2025-02-21", "close": 5.11275, "volume": 716300, "typical_volume": 431455.0, "trend": 5.346767, "fair_value": 5.593398, "relative_strength": 6.823778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.562219, "energy": 55.581223, "activity_lines": [ 5.08458, 5.138102, 5.239179, 5.294466 ] }, { "date": "2025-02-28", "close": 5.197258, "volume": 439000, "typical_volume": 441945.0, "trend": 5.341079, "fair_value": 5.588022, "relative_strength": 11.947612, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.51558, "energy": 43.156959, "activity_lines": [ 5.115567, 5.141175, 5.228311, 5.28482 ] }, { "date": "2025-03-07", "close": 5.281765, "volume": 292000, "typical_volume": 448340.0, "trend": 5.340879, "fair_value": 5.583585, "relative_strength": 13.46515, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.504662, "energy": 26.383665, "activity_lines": [ 5.171905, 5.16115, 5.226599, 5.280994 ] }, { "date": "2025-03-14", "close": 5.221138, "volume": 489500, "typical_volume": 467790.0, "trend": 5.334652, "fair_value": 5.577504, "relative_strength": 14.417304, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.117474, "energy": 19.124085, "activity_lines": [ 5.202401, 5.169333, 5.219819, 5.273269 ] }, { "date": "2025-03-21", "close": 5.264647, "volume": 288100, "typical_volume": 471475.0, "trend": 5.331211, "fair_value": 5.570865, "relative_strength": 13.645518, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.055251, "energy": 20.105897, "activity_lines": [ 5.237357, 5.186529, 5.217785, 5.268752 ] }, { "date": "2025-03-28", "close": 5.308157, "volume": 141800, "typical_volume": 467535.0, "trend": 5.327151, "fair_value": 5.564295, "relative_strength": 15.200171, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.172249, "energy": 16.563704, "activity_lines": [ 5.268238, 5.211947, 5.220683, 5.267265 ] }, { "date": "2025-04-04", "close": 5.264647, "volume": 109900, "typical_volume": 436590.0, "trend": 5.321642, "fair_value": 5.557447, "relative_strength": 18.780908, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.719099, "energy": 12.521772, "activity_lines": [ 5.27159, 5.227438, 5.220211, 5.263232 ] }, { "date": "2025-04-11", "close": 5.177629, "volume": 251900, "typical_volume": 430385.0, "trend": 5.314603, "fair_value": 5.55025, "relative_strength": 15.921292, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.662973, "energy": 11.308632, "activity_lines": [ 5.241442, 5.225115, 5.212632, 5.253941 ] }, { "date": "2025-04-18", "close": 5.177629, "volume": 68800, "typical_volume": 424460.0, "trend": 5.30208, "fair_value": 5.542844, "relative_strength": 13.281141, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.766198, "energy": 13.915638, "activity_lines": [ 5.218238, 5.223148, 5.206554, 5.245104 ] }, { "date": "2025-04-25", "close": 5.0471, "volume": 602100, "typical_volume": 441775.0, "trend": 5.286576, "fair_value": 5.53481, "relative_strength": 9.343797, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.82078, "energy": 30.139301, "activity_lines": [ 5.154424, 5.1955, 5.189547, 5.228654 ] }, { "date": "2025-05-02", "close": 4.916572, "volume": 757100, "typical_volume": 446570.0, "trend": 5.269464, "fair_value": 5.526149, "relative_strength": 2.795994, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.206823, "energy": 58.951917, "activity_lines": [ 5.061603, 5.143009, 5.162031, 5.204782 ] }, { "date": "2025-05-09", "close": 4.960081, "volume": 414500, "typical_volume": 425505.0, "trend": 5.253803, "fair_value": 5.517976, "relative_strength": 2.499516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.976069, "energy": 68.434019, "activity_lines": [ 5.009392, 5.101996, 5.1408, 5.184822 ] }, { "date": "2025-05-16", "close": 5.003591, "volume": 303800, "typical_volume": 415075.0, "trend": 5.239592, "fair_value": 5.5105, "relative_strength": 4.551334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.816205, "energy": 66.714366, "activity_lines": [ 4.991988, 5.073206, 5.125245, 5.16868 ] }, { "date": "2025-05-23", "close": 5.0471, "volume": 398800, "typical_volume": 428655.0, "trend": 5.229573, "fair_value": 5.50236, "relative_strength": 7.032367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.387176, "energy": 60.771373, "activity_lines": [ 5.00069, 5.057384, 5.114957, 5.156261 ] }, { "date": "2025-05-30", "close": 5.067369, "volume": 421000, "typical_volume": 416565.0, "trend": 5.217488, "fair_value": 5.494349, "relative_strength": 9.798032, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.671788, "energy": 36.925805, "activity_lines": [ 5.02485, 5.048412, 5.107717, 5.145796 ] }, { "date": "2025-06-06", "close": 4.887993, "volume": 620000, "typical_volume": 425115.0, "trend": 5.198052, "fair_value": 5.484762, "relative_strength": 6.990322, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.562952, "energy": 40.682723, "activity_lines": [ 4.987867, 5.010413, 5.084414, 5.124538 ] }, { "date": "2025-06-13", "close": 4.887993, "volume": 464300, "typical_volume": 431900.0, "trend": 5.177245, "fair_value": 5.475388, "relative_strength": 8.187646, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.893324, "energy": 42.092922, "activity_lines": [ 4.952789, 4.980054, 5.062584, 5.104534 ] }, { "date": "2025-06-20", "close": 4.843149, "volume": 358700, "typical_volume": 427700.0, "trend": 5.155582, "fair_value": 5.466153, "relative_strength": 12.527494, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.87359, "energy": 57.125478, "activity_lines": [ 4.907569, 4.948389, 5.037755, 5.08298 ] }, { "date": "2025-06-27", "close": 4.843149, "volume": 342800, "typical_volume": 388730.0, "trend": 5.133919, "fair_value": 5.457984, "relative_strength": 10.773355, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.528285, "energy": 65.566043, "activity_lines": [ 4.873045, 4.922805, 5.014611, 5.062823 ] }, { "date": "2025-07-04", "close": 4.887993, "volume": 134500, "typical_volume": 380745.0, "trend": 5.11516, "fair_value": 5.451594, "relative_strength": 7.788073, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.142988, "energy": 54.23667, "activity_lines": [ 4.867066, 4.911457, 4.996822, 5.046957 ] }, { "date": "2025-07-11", "close": 4.977682, "volume": 21400, "typical_volume": 346000.0, "trend": 5.102207, "fair_value": 5.445565, "relative_strength": 9.342698, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.722219, "energy": 39.32322, "activity_lines": [ 4.902941, 4.919308, 4.98804, 5.038087 ] }, { "date": "2025-07-18", "close": 5.112214, "volume": 219000, "typical_volume": 335000.0, "trend": 5.096555, "fair_value": 5.4404, "relative_strength": 4.175244, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.235442, "energy": 14.109602, "activity_lines": [ 4.977682, 4.950509, 4.992715, 5.038733 ] }, { "date": "2025-07-25", "close": 5.022525, "volume": 245900, "typical_volume": 332695.0, "trend": 5.089322, "fair_value": 5.434233, "relative_strength": 1.36102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.573178, "energy": 18.531505, "activity_lines": [ 5.007577, 4.962637, 4.989252, 5.033957 ] }, { "date": "2025-08-01", "close": 5.112214, "volume": 99200, "typical_volume": 313180.0, "trend": 5.08367, "fair_value": 5.428854, "relative_strength": 3.018549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.802731, "energy": 18.164671, "activity_lines": [ 5.055411, 4.990727, 4.995566, 5.035433 ] }, { "date": "2025-08-08", "close": 5.157058, "volume": 253400, "typical_volume": 311445.0, "trend": 5.079514, "fair_value": 5.423336, "relative_strength": 0.550462, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 21.970806, "energy": 25.30932, "activity_lines": [ 5.100255, 5.025787, 5.00667, 5.040168 ] }, { "date": "2025-08-15", "close": 5.112214, "volume": 235800, "typical_volume": 316145.0, "trend": 5.076679, "fair_value": 5.417318, "relative_strength": -0.308676, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.297128, "energy": 25.903753, "activity_lines": [ 5.112214, 5.051063, 5.014015, 5.042278 ] }, { "date": "2025-08-22", "close": 5.112214, "volume": 155400, "typical_volume": 318420.0, "trend": 5.075252, "fair_value": 5.411169, "relative_strength": 0.115713, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.116712, "energy": 29.889289, "activity_lines": [ 5.115204, 5.072262, 5.022293, 5.04457 ] }, { "date": "2025-08-29", "close": 4.973597, "volume": 469400, "typical_volume": 329295.0, "trend": 5.067797, "fair_value": 5.404132, "relative_strength": -1.289649, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 2.977236, "energy": 8.852019, "activity_lines": [ 5.071988, 5.064181, 5.018095, 5.038012 ] }, { "date": "2025-09-05", "close": 5.019649, "volume": 368600, "typical_volume": 344285.0, "trend": 5.066102, "fair_value": 5.397391, "relative_strength": -2.672037, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.648789, "energy": 10.189636, "activity_lines": [ 5.047384, 5.062102, 5.019255, 5.034906 ] }, { "date": "2025-09-12", "close": 5.157804, "volume": 375400, "typical_volume": 332950.0, "trend": 5.071829, "fair_value": 5.391317, "relative_strength": -2.315223, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.869296, "energy": 5.636531, "activity_lines": [ 5.075003, 5.081932, 5.034324, 5.040822 ] }, { "date": "2025-09-19", "close": 5.157804, "volume": 531400, "typical_volume": 321665.0, "trend": 5.073331, "fair_value": 5.385244, "relative_strength": -2.322897, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.869438, "energy": 13.184976, "activity_lines": [ 5.102573, 5.096857, 5.048867, 5.046369 ] }, { "date": "2025-09-26", "close": 5.065701, "volume": 388500, "typical_volume": 320365.0, "trend": 5.068946, "fair_value": 5.37858, "relative_strength": -3.09148, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.59562, "energy": 12.295607, "activity_lines": [ 5.096402, 5.091761, 5.053489, 5.045876 ] }, { "date": "2025-10-03", "close": 4.973597, "volume": 868200, "typical_volume": 348585.0, "trend": 5.058674, "fair_value": 5.371761, "relative_strength": -5.984784, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.351674, "energy": 5.928201, "activity_lines": [ 5.062631, 5.070764, 5.048836, 5.039725 ] }, { "date": "2025-10-10", "close": 4.973597, "volume": 340800, "typical_volume": 345685.0, "trend": 5.050422, "fair_value": 5.365376, "relative_strength": -5.576371, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.079197, "energy": 7.513994, "activity_lines": [ 5.028859, 5.050658, 5.044326, 5.034236 ] }, { "date": "2025-10-17", "close": 4.927546, "volume": 377600, "typical_volume": 343515.0, "trend": 5.039186, "fair_value": 5.358696, "relative_strength": -5.640848, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.701722, "energy": 29.925701, "activity_lines": [ 4.982808, 5.024698, 5.03578, 5.026309 ] }, { "date": "2025-10-24", "close": 4.881494, "volume": 518800, "typical_volume": 338455.0, "trend": 5.024964, "fair_value": 5.351287, "relative_strength": -9.344656, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.976091, "energy": 49.767835, "activity_lines": [ 4.936756, 4.994538, 5.023515, 5.016135 ] }, { "date": "2025-10-31", "close": 4.881494, "volume": 251300, "typical_volume": 327805.0, "trend": 5.012192, "fair_value": 5.343659, "relative_strength": -9.047556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.573151, "energy": 54.711768, "activity_lines": [ 4.909125, 4.968574, 5.01128, 5.006879 ] }, { "date": "2025-11-07", "close": 4.835442, "volume": 367000, "typical_volume": 328220.0, "trend": 5.000786, "fair_value": 5.335954, "relative_strength": -9.439698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.357169, "energy": 63.930167, "activity_lines": [ 4.878424, 4.938431, 4.99469, 4.995476 ] }, { "date": "2025-11-14", "close": 4.927546, "volume": 336200, "typical_volume": 327890.0, "trend": 4.992449, "fair_value": 5.328622, "relative_strength": -5.295344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.156809, "energy": 51.284497, "activity_lines": [ 4.887634, 4.927546, 4.986909, 4.990751 ] }, { "date": "2025-11-21", "close": 4.973597, "volume": 173800, "typical_volume": 329855.0, "trend": 4.989999, "fair_value": 5.320767, "relative_strength": -3.35357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.293124, "energy": 30.493037, "activity_lines": [ 4.915265, 4.926708, 4.983111, 4.989534 ] }, { "date": "2025-11-28", "close": 4.97483, "volume": 445200, "typical_volume": 351045.0, "trend": 4.991941, "fair_value": 5.312919, "relative_strength": -3.555841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.560373, "energy": 20.491332, "activity_lines": [ 4.940237, 4.929444, 4.979024, 4.988556 ] }, { "date": "2025-12-05", "close": 5.022209, "volume": 340400, "typical_volume": 357115.0, "trend": 4.994012, "fair_value": 5.305154, "relative_strength": -4.027725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.748288, "energy": 16.115236, "activity_lines": [ 4.974779, 4.944122, 4.979462, 4.990508 ] }, { "date": "2025-12-12", "close": 5.022209, "volume": 198700, "typical_volume": 354755.0, "trend": 4.994633, "fair_value": 5.297388, "relative_strength": -2.639279, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.759119, "energy": 10.739251, "activity_lines": [ 4.999941, 4.95959, 4.980329, 4.992327 ] }, { "date": "2025-12-19", "close": 5.116967, "volume": 136000, "typical_volume": 356595.0, "trend": 4.996962, "fair_value": 5.290451, "relative_strength": -0.751766, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.04908, "energy": 26.827428, "activity_lines": [ 5.044237, 4.991402, 4.990222, 5.00022 ] }, { "date": "2025-12-26", "close": 5.069588, "volume": 205900, "typical_volume": 354220.0, "trend": 4.997036, "fair_value": 5.283211, "relative_strength": -2.35303, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.715067, "energy": 28.552441, "activity_lines": [ 5.060112, 5.011994, 4.99558, 5.004906 ] }, { "date": "2026-01-02", "close": 5.211726, "volume": 86900, "typical_volume": 346775.0, "trend": 5.007827, "fair_value": 5.276882, "relative_strength": 0.200224, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.373865, "energy": 61.709546, "activity_lines": [ 5.116967, 5.055847, 5.014892, 5.018757 ] }, { "date": "2026-01-09", "close": 5.259106, "volume": 409300, "typical_volume": 359470.0, "trend": 5.020197, "fair_value": 5.271079, "relative_strength": 1.403965, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.816665, "energy": 73.414441, "activity_lines": [ 5.173823, 5.102309, 5.038242, 5.034968 ] }, { "date": "2026-01-16", "close": 5.116967, "volume": 441500, "typical_volume": 358075.0, "trend": 5.029324, "fair_value": 5.264365, "relative_strength": -3.061144, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.608044, "energy": 61.607677, "activity_lines": [ 5.167505, 5.116063, 5.047355, 5.041211 ] }, { "date": "2026-01-23", "close": 5.069588, "volume": 1185700, "typical_volume": 398930.0, "trend": 5.036872, "fair_value": 5.258457, "relative_strength": -6.814701, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.856072, "energy": 48.129546, "activity_lines": [ 5.139078, 5.116084, 5.051274, 5.043809 ] }, { "date": "2026-01-30", "close": 5.164346, "volume": 370700, "typical_volume": 398695.0, "trend": 5.046084, "fair_value": 5.252046, "relative_strength": -5.851738, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.277109, "energy": 36.12781, "activity_lines": [ 5.145395, 5.13075, 5.063979, 5.052033 ] }, { "date": "2026-02-06", "close": 5.164346, "volume": 64600, "typical_volume": 375355.0, "trend": 5.052306, "fair_value": 5.245635, "relative_strength": -7.765443, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.473258, "energy": 29.232546, "activity_lines": [ 5.145395, 5.141949, 5.076653, 5.059663 ] }, { "date": "2026-02-13", "close": 5.211726, "volume": 430800, "typical_volume": 377470.0, "trend": 5.055623, "fair_value": 5.239528, "relative_strength": -11.777579, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.289097, "energy": 33.658546, "activity_lines": [ 5.164346, 5.158316, 5.093808, 5.069948 ] }, { "date": "2026-02-20", "close": 5.259106, "volume": 242400, "typical_volume": 346180.0, "trend": 5.063509, "fair_value": 5.233947, "relative_strength": -13.721241, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.349298, "energy": 49.433728, "activity_lines": [ 5.20225, 5.179853, 5.114781, 5.083076 ] }, { "date": "2026-02-27", "close": 5.306485, "volume": 280600, "typical_volume": 343170.0, "trend": 5.069985, "fair_value": 5.228892, "relative_strength": -15.375581, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.401106, "energy": 62.185621, "activity_lines": [ 5.246471, 5.205696, 5.138906, 5.098752 ] }, { "date": "2026-03-06", "close": 5.306485, "volume": 520600, "typical_volume": 350320.0, "trend": 5.074966, "fair_value": 5.223257, "relative_strength": -8.029759, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.152276, "energy": 63.388504, "activity_lines": [ 5.274899, 5.228093, 5.161446, 5.11401 ] }, { "date": "2026-03-13", "close": 5.30775, "volume": 413100, "typical_volume": 345035.0, "trend": 5.081484, "fair_value": 5.217858, "relative_strength": -7.645121, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.085392, "energy": 64.963557, "activity_lines": [ 5.294272, 5.246414, 5.182302, 5.129028 ] }, { "date": "2026-03-20", "close": 5.30775, "volume": 299000, "typical_volume": 347420.0, "trend": 5.088002, "fair_value": 5.212458, "relative_strength": -8.853737, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.999367, "energy": 59.138933, "activity_lines": [ 5.304085, 5.262988, 5.201128, 5.143626 ] }, { "date": "2026-03-27", "close": 5.259056, "volume": 285500, "typical_volume": 343345.0, "trend": 5.097517, "fair_value": 5.206294, "relative_strength": -10.192772, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.767247, "energy": 41.786398, "activity_lines": [ 5.291266, 5.269825, 5.213287, 5.154662 ] }, { "date": "2026-04-03", "close": 5.30775, "volume": 700200, "typical_volume": 361545.0, "trend": 5.10712, "fair_value": 5.200668, "relative_strength": -9.351494, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.112171, "energy": 40.079709, "activity_lines": [ 5.294681, 5.282931, 5.228066, 5.168225 ] }, { "date": "2026-04-10", "close": 5.30775, "volume": 564300, "typical_volume": 381070.0, "trend": 5.112119, "fair_value": 5.195041, "relative_strength": -12.083123, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.179026, "energy": 38.742152, "activity_lines": [ 5.298011, 5.291708, 5.241034, 5.181169 ] }, { "date": "2026-04-17", "close": 5.30775, "volume": 339600, "typical_volume": 375790.0, "trend": 5.117117, "fair_value": 5.188736, "relative_strength": -10.241094, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.295657, "energy": 37.751439, "activity_lines": [ 5.301257, 5.297877, 5.252412, 5.19379 ] }, { "date": "2026-04-24", "close": 5.259056, "volume": 951800, "typical_volume": 406360.0, "trend": 5.123562, "fair_value": 5.182571, "relative_strength": -9.129668, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.052753, "energy": 31.346052, "activity_lines": [ 5.288272, 5.292585, 5.257566, 5.202948 ] }, { "date": "2026-05-01", "close": 5.30775, "volume": 733900, "typical_volume": 433120.0, "trend": 5.1347, "fair_value": 5.176265, "relative_strength": -10.358972, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.73102, "energy": 31.458982, "activity_lines": [ 5.294765, 5.295286, 5.266231, 5.214831 ] }, { "date": "2026-05-08", "close": 5.551225, "volume": 673100, "typical_volume": 459975.0, "trend": 5.153955, "fair_value": 5.172426, "relative_strength": -6.484074, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.151101, "energy": 66.19871, "activity_lines": [ 5.37917, 5.341371, 5.296723, 5.241703 ] }, { "date": "2026-05-15", "close": 5.69731, "volume": 1016600, "typical_volume": 500510.0, "trend": 5.179613, "fair_value": 5.169297, "relative_strength": -4.936099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.954589, "energy": 90.797974, "activity_lines": [ 5.496037, 5.409567, 5.339061, 5.276759 ] }, { "date": "2026-05-22", "close": 5.9, "volume": 1560100, "typical_volume": 574170.0, "trend": 5.213564, "fair_value": 5.166903, "relative_strength": -2.663588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.994434, "energy": 97.892335, "activity_lines": [ 5.654498, 5.50751, 5.397713, 5.323235 ] }, { "date": "2026-05-29", "close": 5.85, "volume": 1802500, "typical_volume": 643830.0, "trend": 5.245847, "fair_value": 5.164189, "relative_strength": -5.000946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.900074, "energy": 94.028454, "activity_lines": [ 5.756809, 5.585593, 5.448326, 5.364296 ] }, { "date": "2026-06-05", "close": 5.85, "volume": 210800, "typical_volume": 632295.0, "trend": 5.279666, "fair_value": 5.161936, "relative_strength": -5.575455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.042322, "energy": 91.455169, "activity_lines": [ 5.819723, 5.653818, 5.496125, 5.403273 ] }, { "date": "2026-06-12", "close": 5.9, "volume": 47200, "typical_volume": 575370.0, "trend": 5.312081, "fair_value": 5.160467, "relative_strength": -5.05251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.811039, "energy": 92.065139, "activity_lines": [ 5.863154, 5.720389, 5.545195, 5.443295 ] }, { "date": "2026-06-19", "close": 6.3, "volume": 107100, "typical_volume": 562190.0, "trend": 5.356294, "fair_value": 5.163641, "relative_strength": 2.937139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.784397, "energy": 98.268068, "activity_lines": [ 6.016667, 5.848919, 5.628407, 5.507031 ] }, { "date": "2026-06-26", "close": 6.25, "volume": 61600, "typical_volume": 562040.0, "trend": 5.3988, "fair_value": 5.167651, "relative_strength": 4.334705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.913642, "energy": 95.72076, "activity_lines": [ 6.113333, 5.950318, 5.701448, 5.56469 ] }, { "date": "2026-07-03", "close": 6.6, "volume": 74200, "typical_volume": 544210.0, "trend": 5.451393, "fair_value": 5.174598, "relative_strength": 5.603744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.085976, "energy": 96.023144, "activity_lines": [ 6.303333, 6.098221, 5.802653, 5.642187 ] }, { "date": "2026-07-10", "close": 6.55, "volume": 254600, "typical_volume": 544820.0, "trend": 5.502319, "fair_value": 5.181455, "relative_strength": 4.347162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.295622, "energy": 91.924127, "activity_lines": [ 6.426667, 6.212652, 5.892485, 5.713065 ] }, { "date": "2026-07-17", "close": 6.45, "volume": 1028500, "typical_volume": 582215.0, "trend": 5.546754, "fair_value": 5.18744, "relative_strength": 1.8102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.342205, "energy": 68.337641, "activity_lines": [ 6.47, 6.286315, 5.966647, 5.774205 ] }, { "date": "2026-07-24", "close": 6.9, "volume": 1559600, "typical_volume": 634165.0, "trend": 5.607768, "fair_value": 5.196772, "relative_strength": 8.56591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.158338, "energy": 75.84213, "activity_lines": [ 6.626667, 6.425455, 6.07822, 5.861511 ] }, { "date": "2026-07-31", "close": 7.3, "volume": 2180100, "typical_volume": 722515.0, "trend": 5.677377, "fair_value": 5.208899, "relative_strength": 15.986013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.580656, "energy": 76.892517, "activity_lines": [ 6.876667, 6.615455, 6.2203, 5.970688 ] }, { "date": "2026-08-07", "close": 7.35, "volume": 1075300, "typical_volume": 761330.0, "trend": 5.747073, "fair_value": 5.221578, "relative_strength": 17.304953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.076586, "energy": 75.727912, "activity_lines": [ 7.073333, 6.789091, 6.357655, 6.078599 ] } ], "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." } } }