{ "ticker": { "uuid": "094ba8d4-1a5b-4ff5-a789-630e49274513", "symbol": "ALCLS", "name": "Cellectis S.A.", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -64.715, "architecture_energy": 59.445, "architecture_maturity": 34.596, "architecture_confidence": 93.626, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 11.98, "rotation_up": 18.34, "upward_expansion": 11.7, "deceleration": 41.36, "rotation_down": 60.28, "downward_expansion": 85.04 }, "activity_lines": [ 2.468533, 2.532109, 2.7458, 2.873351 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": -0.666667 }, "latest_close": 2.41, "trend_reference": 3.040833, "distance_from_trend": -0.207454, "trend_direction": "Weakening", "fair_value": 2.332244, "distance_from_fair_value": 0.03334, "fair_value_direction": "Weakening", "relative_strength": -28.935637, "relative_strength_direction": "Weakening", "price_momentum": -0.223833, "excess_performance": -0.277144, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.207454, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.126398, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.03334, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.380762, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.289356, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.389473, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.223833, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.885822, "read": "Supply-led" } ], "volume": { "latest": 313440, "relative_activity": 0.333484, "balance": 0.885822, "dry_up": 0.584208, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.142228, "annualized_volatility": 0.648115, "from_high_reference": -0.502066, "from_low_reference": 0.187192 }, "levels": { "trend_reference": 3.040833, "fair_value_reference": 2.332244, "structural_low": 2.28, "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": 40, "median_return": -0.056544, "positive_rate": 0.35, "directional_follow_through": 0.65, "median_excess_return": -0.062144, "regime_survival": 0.85, "best_return": 1.846491, "worst_return": -0.377049, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": -0.149264, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.181306, "regime_survival": 0.642857, "best_return": 0.887978, "worst_return": -0.40913, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.144772, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.188099, "regime_survival": 0.714286, "best_return": 0.443666, "worst_return": -0.627675, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.263086, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.353833, "regime_survival": 0.75, "best_return": -0.012399, "worst_return": -0.799539, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-01-19", "tenure": "Developing", "return": -0.079819, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-26", "end": "2024-05-17", "tenure": "Established", "return": -0.001887, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.223108, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-08-02", "tenure": "Developing", "return": 0.088167, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-09", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2025-05-09", "tenure": "Extended", "return": -0.241266, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-07-18", "tenure": "Developing", "return": 0.154639, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": 0.116592, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2026-01-16", "tenure": "Established", "return": 0.472574, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-03-20", "tenure": "Developing", "return": -0.215529, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": 0.104982, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.037014, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": -0.206254, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.128075, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.733, "volume": 243465, "typical_volume": 410455.2, "trend": 1.9571, "fair_value": 8.294372, "relative_strength": -26.059622, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.579453, "energy": 29.187108, "activity_lines": [ 1.829933, 1.895873, 1.869495, 1.878647 ] }, { "date": "2023-08-25", "close": 1.73, "volume": 312198, "typical_volume": 412726.8, "trend": 1.917633, "fair_value": 8.206744, "relative_strength": -25.708808, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.228386, "energy": 33.631927, "activity_lines": [ 1.76, 1.865345, 1.858452, 1.863996 ] }, { "date": "2023-09-01", "close": 1.898, "volume": 441003, "typical_volume": 417705.35, "trend": 1.901567, "fair_value": 8.129808, "relative_strength": -17.879164, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.124744, "energy": 21.43456, "activity_lines": [ 1.795933, 1.868036, 1.863957, 1.862729 ] }, { "date": "2023-09-08", "close": 1.738, "volume": 191054, "typical_volume": 409338.75, "trend": 1.883633, "fair_value": 8.047487, "relative_strength": -22.825853, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.270568, "energy": 29.644464, "activity_lines": [ 1.781467, 1.8384, 1.854133, 1.852176 ] }, { "date": "2023-09-15", "close": 1.564, "volume": 512584, "typical_volume": 419325.85, "trend": 1.8583, "fair_value": 7.946872, "relative_strength": -30.506773, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.283508, "energy": 42.57736, "activity_lines": [ 1.7106, 1.777782, 1.828138, 1.831555 ] }, { "date": "2023-09-22", "close": 1.57, "volume": 324656, "typical_volume": 414905.7, "trend": 1.838167, "fair_value": 7.859244, "relative_strength": -27.374599, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.850694, "energy": 43.039205, "activity_lines": [ 1.6564, 1.723545, 1.803633, 1.812955 ] }, { "date": "2023-09-29", "close": 1.464, "volume": 208028, "typical_volume": 374653.8, "trend": 1.8159, "fair_value": 7.770167, "relative_strength": -30.850261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.865054, "energy": 62.094098, "activity_lines": [ 1.577733, 1.658836, 1.770057, 1.788815 ] }, { "date": "2023-10-06", "close": 1.344, "volume": 534623, "typical_volume": 385591.1, "trend": 1.794033, "fair_value": 7.672244, "relative_strength": -34.746782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.471751, "energy": 69.991302, "activity_lines": [ 1.4768, 1.590745, 1.725857, 1.75837 ] }, { "date": "2023-10-13", "close": 1.28, "volume": 204308, "typical_volume": 373533.5, "trend": 1.775333, "fair_value": 7.578013, "relative_strength": -36.271053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.689527, "energy": 75.078023, "activity_lines": [ 1.391467, 1.521891, 1.677152, 1.725206 ] }, { "date": "2023-10-20", "close": 1.132, "volume": 283108, "typical_volume": 363246.45, "trend": 1.7487, "fair_value": 7.486551, "relative_strength": -41.148258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.943106, "energy": 84.717407, "activity_lines": [ 1.287333, 1.434891, 1.616757, 1.683701 ] }, { "date": "2023-10-27", "close": 0.912, "volume": 875110, "typical_volume": 386139.25, "trend": 1.718367, "fair_value": 7.404705, "relative_strength": -51.521939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.618692, "energy": 95.230393, "activity_lines": [ 1.138667, 1.319745, 1.538948, 1.62972 ] }, { "date": "2023-11-03", "close": 2.696, "volume": 13095723, "typical_volume": 1030154.8, "trend": 1.746733, "fair_value": 7.331346, "relative_strength": 38.099581, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -7.356105, "energy": 7.393343, "activity_lines": [ 1.628533, 1.543891, 1.635657, 1.692794 ] }, { "date": "2023-11-10", "close": 2.39, "volume": 2962788, "typical_volume": 1165689.75, "trend": 1.763767, "fair_value": 7.244487, "relative_strength": 22.654794, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.318437, "energy": 26.099784, "activity_lines": [ 1.934267, 1.694836, 1.699324, 1.734295 ] }, { "date": "2023-11-17", "close": 2.546, "volume": 1946720, "typical_volume": 1249006.5, "trend": 1.7879, "fair_value": 7.147987, "relative_strength": 27.046499, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.939845, "energy": 43.779292, "activity_lines": [ 2.222267, 1.8652, 1.774657, 1.784761 ] }, { "date": "2023-11-24", "close": 2.596, "volume": 1137081, "typical_volume": 1287256.5, "trend": 1.815867, "fair_value": 7.038603, "relative_strength": 28.395317, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.60143, "energy": 61.417103, "activity_lines": [ 2.442533, 2.029964, 1.851076, 1.836897 ] }, { "date": "2023-12-01", "close": 2.656, "volume": 1253547, "typical_volume": 1333594.9, "trend": 1.8449, "fair_value": 6.902744, "relative_strength": 30.04006, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.019726, "energy": 81.532369, "activity_lines": [ 2.5852, 2.186873, 1.929681, 1.891099 ] }, { "date": "2023-12-08", "close": 2.65, "volume": 694766, "typical_volume": 1338327.75, "trend": 1.8788, "fair_value": 6.754667, "relative_strength": 26.420266, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.561022, "energy": 79.731342, "activity_lines": [ 2.6096, 2.322945, 2.004848, 1.943041 ] }, { "date": "2023-12-15", "close": 2.8, "volume": 776791, "typical_volume": 1339073.2, "trend": 1.9162, "fair_value": 6.629026, "relative_strength": 31.9264, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.187536, "energy": 76.498609, "activity_lines": [ 2.687067, 2.464727, 2.093481, 2.002473 ] }, { "date": "2023-12-22", "close": 3.0, "volume": 2318498, "typical_volume": 1428034.85, "trend": 1.9567, "fair_value": 6.479987, "relative_strength": 40.925412, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.166492, "energy": 65.649518, "activity_lines": [ 2.803867, 2.6164, 2.197076, 2.072396 ] }, { "date": "2023-12-29", "close": 2.764, "volume": 961357, "typical_volume": 1463870.4, "trend": 1.986333, "fair_value": 6.341295, "relative_strength": 29.752809, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.540768, "energy": 52.022231, "activity_lines": [ 2.811733, 2.693891, 2.2723, 2.12448 ] }, { "date": "2024-01-05", "close": 2.678, "volume": 965685, "typical_volume": 1499981.4, "trend": 2.0129, "fair_value": 6.198846, "relative_strength": 28.06533, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.991329, "energy": 48.040574, "activity_lines": [ 2.779733, 2.726073, 2.334667, 2.169103 ] }, { "date": "2024-01-12", "close": 2.538, "volume": 828942, "typical_volume": 1525818.6, "trend": 2.034933, "fair_value": 6.051654, "relative_strength": 22.049569, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.29355, "energy": 36.301106, "activity_lines": [ 2.6996, 2.700691, 2.3792, 2.202981 ] }, { "date": "2024-01-19", "close": 2.444, "volume": 576753, "typical_volume": 1532606.1, "trend": 2.059067, "fair_value": 5.901615, "relative_strength": 19.67244, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.581269, "energy": 25.13747, "activity_lines": [ 2.5956, 2.661091, 2.410933, 2.229372 ] }, { "date": "2024-01-26", "close": 2.65, "volume": 581887, "typical_volume": 1552147.75, "trend": 2.088267, "fair_value": 5.769244, "relative_strength": 25.851998, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.05343, "energy": 20.966405, "activity_lines": [ 2.584, 2.657964, 2.459686, 2.267497 ] }, { "date": "2024-02-02", "close": 2.63, "volume": 417715, "typical_volume": 1547404.3, "trend": 2.1141, "fair_value": 5.644756, "relative_strength": 25.438971, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.035157, "energy": 22.986627, "activity_lines": [ 2.589067, 2.649309, 2.50219, 2.302447 ] }, { "date": "2024-02-09", "close": 2.728, "volume": 521393, "typical_volume": 1557241.15, "trend": 2.136567, "fair_value": 5.515449, "relative_strength": 28.836579, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 45.898245, "energy": 30.515732, "activity_lines": [ 2.635733, 2.657855, 2.548952, 2.342054 ] }, { "date": "2024-02-16", "close": 2.57, "volume": 728075, "typical_volume": 1583243.5, "trend": 2.139633, "fair_value": 5.399231, "relative_strength": 19.368753, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.171157, "energy": 29.284072, "activity_lines": [ 2.6264, 2.636364, 2.575152, 2.370017 ] }, { "date": "2024-02-23", "close": 2.546, "volume": 363184, "typical_volume": 1574671.55, "trend": 2.159767, "fair_value": 5.301449, "relative_strength": 15.17091, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.513394, "energy": 25.3128, "activity_lines": [ 2.606933, 2.611964, 2.5938, 2.396234 ] }, { "date": "2024-03-01", "close": 2.34, "volume": 584108, "typical_volume": 1593661.55, "trend": 2.179033, "fair_value": 5.223885, "relative_strength": 6.250787, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.961022, "energy": 10.954951, "activity_lines": [ 2.512, 2.554727, 2.587105, 2.407862 ] }, { "date": "2024-03-08", "close": 2.452, "volume": 494570, "typical_volume": 1604234.65, "trend": 2.2013, "fair_value": 5.132679, "relative_strength": 9.818437, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.865959, "energy": 14.138517, "activity_lines": [ 2.475067, 2.529855, 2.586029, 2.425473 ] }, { "date": "2024-03-15", "close": 2.338, "volume": 205097, "typical_volume": 1570734.0, "trend": 2.221467, "fair_value": 5.036256, "relative_strength": 2.818057, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.46258, "energy": 13.344992, "activity_lines": [ 2.412, 2.489927, 2.56781, 2.434292 ] }, { "date": "2024-03-22", "close": 2.35, "volume": 318345, "typical_volume": 931865.1, "trend": 2.242133, "fair_value": 4.947218, "relative_strength": 3.410453, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.05874, "energy": 15.860118, "activity_lines": [ 2.378933, 2.458364, 2.543943, 2.442585 ] }, { "date": "2024-03-29", "close": 2.488, "volume": 378646, "typical_volume": 802658.0, "trend": 2.2618, "fair_value": 4.850474, "relative_strength": 8.357617, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.993389, "energy": 12.341115, "activity_lines": [ 2.406533, 2.455309, 2.534867, 2.458447 ] }, { "date": "2024-04-05", "close": 2.545, "volume": 321912, "typical_volume": 721417.6, "trend": 2.2887, "fair_value": 4.759865, "relative_strength": 12.334189, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.460597, "energy": 9.313743, "activity_lines": [ 2.457, 2.461818, 2.530752, 2.476718 ] }, { "date": "2024-04-12", "close": 2.52, "volume": 359012, "typical_volume": 682514.15, "trend": 2.320567, "fair_value": 4.673455, "relative_strength": 11.438309, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.355191, "energy": 12.219256, "activity_lines": [ 2.485467, 2.465691, 2.524262, 2.491641 ] }, { "date": "2024-04-19", "close": 2.39, "volume": 445531, "typical_volume": 642113.35, "trend": 2.3479, "fair_value": 4.586596, "relative_strength": 5.125502, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.499961, "energy": 10.59705, "activity_lines": [ 2.466067, 2.447927, 2.505752, 2.49612 ] }, { "date": "2024-04-26", "close": 2.345, "volume": 182242, "typical_volume": 616487.15, "trend": 2.377267, "fair_value": 4.500218, "relative_strength": 1.92351, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.39291, "energy": 4.00994, "activity_lines": [ 2.4282, 2.428127, 2.484224, 2.495933 ] }, { "date": "2024-05-03", "close": 2.76, "volume": 600505, "typical_volume": 607672.85, "trend": 2.424467, "fair_value": 4.430282, "relative_strength": 21.057829, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.642604, "energy": 17.18642, "activity_lines": [ 2.529, 2.487873, 2.503671, 2.520626 ] }, { "date": "2024-05-10", "close": 2.835, "volume": 1342202, "typical_volume": 558858.05, "trend": 2.4763, "fair_value": 4.365763, "relative_strength": 19.390902, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.5835, "energy": 34.717281, "activity_lines": [ 2.636667, 2.557364, 2.530452, 2.547112 ] }, { "date": "2024-05-17", "close": 2.645, "volume": 349223, "typical_volume": 528251.35, "trend": 2.526733, "fair_value": 4.296756, "relative_strength": 11.353403, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 36.7742, "energy": 36.376862, "activity_lines": [ 2.661667, 2.583309, 2.539924, 2.557996 ] }, { "date": "2024-05-24", "close": 2.51, "volume": 259808, "typical_volume": 492957.5, "trend": 2.58, "fair_value": 4.229256, "relative_strength": 6.152146, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.802247, "energy": 20.583921, "activity_lines": [ 2.633333, 2.5812, 2.537105, 2.556916 ] }, { "date": "2024-05-31", "close": 2.41, "volume": 360500, "typical_volume": 469535.4, "trend": 2.570467, "fair_value": 4.167526, "relative_strength": 2.929245, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.682371, "energy": 14.507768, "activity_lines": [ 2.563667, 2.557782, 2.525562, 2.545948 ] }, { "date": "2024-06-07", "close": 2.36, "volume": 360194, "typical_volume": 458707.45, "trend": 2.569467, "fair_value": 4.101308, "relative_strength": 0.456028, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.360605, "energy": 23.896548, "activity_lines": [ 2.473, 2.524182, 2.509867, 2.53237 ] }, { "date": "2024-06-14", "close": 1.95, "volume": 656229, "typical_volume": 462424.55, "trend": 2.5496, "fair_value": 4.031564, "relative_strength": -11.515056, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.222348, "energy": 62.993118, "activity_lines": [ 2.272333, 2.418364, 2.455524, 2.492404 ] }, { "date": "2024-06-21", "close": 1.724, "volume": 776634, "typical_volume": 480370.5, "trend": 2.520533, "fair_value": 3.959538, "relative_strength": -22.98398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.609788, "energy": 83.300428, "activity_lines": [ 2.055333, 2.282273, 2.38299, 2.43914 ] }, { "date": "2024-06-28", "close": 1.654, "volume": 496996, "typical_volume": 479150.65, "trend": 2.487133, "fair_value": 3.888538, "relative_strength": -24.545519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.876058, "energy": 90.24668, "activity_lines": [ 1.8764, 2.147927, 2.308105, 2.383234 ] }, { "date": "2024-07-05", "close": 1.832, "volume": 291280, "typical_volume": 457310.9, "trend": 2.459867, "fair_value": 3.816821, "relative_strength": -18.443225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.248267, "energy": 84.820355, "activity_lines": [ 1.813867, 2.059327, 2.255286, 2.340968 ] }, { "date": "2024-07-12", "close": 1.846, "volume": 342987, "typical_volume": 456301.05, "trend": 2.428067, "fair_value": 3.752885, "relative_strength": -18.125363, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.654102, "energy": 82.946646, "activity_lines": [ 1.794533, 1.9826, 2.207314, 2.301363 ] }, { "date": "2024-07-19", "close": 1.836, "volume": 176075, "typical_volume": 435899.4, "trend": 2.389267, "fair_value": 3.688179, "relative_strength": -16.021235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.298856, "energy": 73.737028, "activity_lines": [ 1.806133, 1.920673, 2.161724, 2.263166 ] }, { "date": "2024-07-26", "close": 2.025, "volume": 357033, "typical_volume": 429022.55, "trend": 2.364633, "fair_value": 3.627827, "relative_strength": -7.22801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.854837, "energy": 46.109567, "activity_lines": [ 1.888333, 1.911273, 2.136533, 2.239665 ] }, { "date": "2024-08-02", "close": 1.876, "volume": 331014, "typical_volume": 435318.4, "trend": 2.3379, "fair_value": 3.562994, "relative_strength": -11.008119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.197683, "energy": 39.343093, "activity_lines": [ 1.9008, 1.886055, 2.099186, 2.20814 ] }, { "date": "2024-08-09", "close": 1.844, "volume": 221784, "typical_volume": 430490.35, "trend": 2.314767, "fair_value": 3.504814, "relative_strength": -12.802813, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -48.714575, "energy": 38.124061, "activity_lines": [ 1.8878, 1.866545, 2.06099, 2.176275 ] }, { "date": "2024-08-16", "close": 1.832, "volume": 168907, "typical_volume": 420003.4, "trend": 2.294367, "fair_value": 3.447519, "relative_strength": -15.485731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.571026, "energy": 37.233089, "activity_lines": [ 1.87, 1.855145, 2.024062, 2.145129 ] }, { "date": "2024-08-23", "close": 2.06, "volume": 292371, "typical_volume": 418526.35, "trend": 2.2747, "fair_value": 3.382199, "relative_strength": -6.765452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.360053, "energy": 31.514077, "activity_lines": [ 1.929133, 1.8948, 2.011971, 2.130009 ] }, { "date": "2024-08-30", "close": 2.1, "volume": 169449, "typical_volume": 409048.2, "trend": 2.257033, "fair_value": 3.311942, "relative_strength": -5.720295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.91612, "energy": 22.091593, "activity_lines": [ 1.986667, 1.939727, 2.006, 2.118738 ] }, { "date": "2024-09-06", "close": 2.02, "volume": 146241, "typical_volume": 394083.7, "trend": 2.233433, "fair_value": 3.245532, "relative_strength": -6.089627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.531112, "energy": 20.694679, "activity_lines": [ 2.012533, 1.963273, 1.99441, 2.103445 ] }, { "date": "2024-09-13", "close": 2.07, "volume": 145332, "typical_volume": 392238.2, "trend": 2.216767, "fair_value": 3.182071, "relative_strength": -5.626409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.798706, "energy": 23.237104, "activity_lines": [ 2.045467, 1.989255, 1.989343, 2.092901 ] }, { "date": "2024-09-20", "close": 1.968, "volume": 142919, "typical_volume": 369358.9, "trend": 2.1975, "fair_value": 3.120455, "relative_strength": -10.951232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.116989, "energy": 16.951558, "activity_lines": [ 2.029333, 1.992364, 1.975871, 2.076852 ] }, { "date": "2024-09-27", "close": 1.954, "volume": 182920, "typical_volume": 311394.8, "trend": 2.184633, "fair_value": 3.06375, "relative_strength": -15.145264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.644505, "energy": 14.848771, "activity_lines": [ 1.999467, 1.990709, 1.964838, 2.061142 ] }, { "date": "2024-10-04", "close": 1.808, "volume": 200718, "typical_volume": 303969.55, "trend": 2.163167, "fair_value": 3.022904, "relative_strength": -19.138036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.648488, "energy": 33.009591, "activity_lines": [ 1.928, 1.960364, 1.944095, 2.036843 ] }, { "date": "2024-10-11", "close": 1.866, "volume": 293248, "typical_volume": 305641.55, "trend": 2.147433, "fair_value": 2.975506, "relative_strength": -17.28688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.854853, "energy": 41.524995, "activity_lines": [ 1.895333, 1.944509, 1.932862, 2.017671 ] }, { "date": "2024-10-18", "close": 1.836, "volume": 139719, "typical_volume": 294602.5, "trend": 2.1303, "fair_value": 2.92766, "relative_strength": -19.383564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.8783, "energy": 48.012065, "activity_lines": [ 1.862933, 1.923382, 1.921838, 1.997578 ] }, { "date": "2024-10-25", "close": 1.75, "volume": 172357, "typical_volume": 285210.65, "trend": 2.1057, "fair_value": 2.878462, "relative_strength": -22.4703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.504102, "energy": 64.912811, "activity_lines": [ 1.817467, 1.886764, 1.905357, 1.973043 ] }, { "date": "2024-11-01", "close": 1.696, "volume": 166296, "typical_volume": 260714.0, "trend": 2.0774, "fair_value": 2.821641, "relative_strength": -23.212256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.304112, "energy": 71.330336, "activity_lines": [ 1.768533, 1.841818, 1.886638, 1.946611 ] }, { "date": "2024-11-08", "close": 1.71, "volume": 214002, "typical_volume": 232582.4, "trend": 2.0504, "fair_value": 2.774013, "relative_strength": -21.295896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.751382, "energy": 71.759318, "activity_lines": [ 1.741467, 1.806036, 1.870462, 1.922908 ] }, { "date": "2024-11-15", "close": 1.734, "volume": 227395, "typical_volume": 219102.35, "trend": 2.028533, "fair_value": 2.734391, "relative_strength": -18.835333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.633144, "energy": 64.908575, "activity_lines": [ 1.728933, 1.781709, 1.856638, 1.902495 ] }, { "date": "2024-11-22", "close": 1.726, "volume": 175514, "typical_volume": 213314.05, "trend": 2.0079, "fair_value": 2.69616, "relative_strength": -18.416697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.255444, "energy": 58.992043, "activity_lines": [ 1.722533, 1.761127, 1.841671, 1.882976 ] }, { "date": "2024-11-29", "close": 1.93, "volume": 407384, "typical_volume": 216533.9, "trend": 1.980233, "fair_value": 2.661833, "relative_strength": -7.947801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.834129, "energy": 24.401184, "activity_lines": [ 1.791467, 1.783891, 1.846638, 1.877951 ] }, { "date": "2024-12-06", "close": 1.814, "volume": 152012, "typical_volume": 215330.75, "trend": 1.9462, "fair_value": 2.623718, "relative_strength": -15.10697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.433055, "energy": 18.99149, "activity_lines": [ 1.809733, 1.786255, 1.840157, 1.867226 ] }, { "date": "2024-12-13", "close": 1.668, "volume": 218815, "typical_volume": 208419.85, "trend": 1.913633, "fair_value": 2.585821, "relative_strength": -20.999725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.247858, "energy": 25.291758, "activity_lines": [ 1.771467, 1.764618, 1.819876, 1.849277 ] }, { "date": "2024-12-20", "close": 1.492, "volume": 375912, "typical_volume": 210664.75, "trend": 1.8797, "fair_value": 2.547179, "relative_strength": -27.082009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.675971, "energy": 41.153319, "activity_lines": [ 1.677333, 1.713527, 1.784533, 1.822075 ] }, { "date": "2024-12-27", "close": 1.46, "volume": 146217, "typical_volume": 206886.4, "trend": 1.848033, "fair_value": 2.508846, "relative_strength": -28.611007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.993625, "energy": 71.907549, "activity_lines": [ 1.588667, 1.663418, 1.747971, 1.794998 ] }, { "date": "2025-01-03", "close": 1.654, "volume": 578875, "typical_volume": 227384.8, "trend": 1.8245, "fair_value": 2.474513, "relative_strength": -17.54994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.4286, "energy": 66.594592, "activity_lines": [ 1.5824, 1.655418, 1.731714, 1.78248 ] }, { "date": "2025-01-10", "close": 1.782, "volume": 601392, "typical_volume": 242835.85, "trend": 1.8189, "fair_value": 2.445872, "relative_strength": -12.335217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.039855, "energy": 47.094991, "activity_lines": [ 1.6372, 1.672436, 1.728495, 1.779738 ] }, { "date": "2025-01-17", "close": 1.54, "volume": 264633, "typical_volume": 247595.05, "trend": 1.812767, "fair_value": 2.416224, "relative_strength": -26.296162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.807181, "energy": 37.023039, "activity_lines": [ 1.613467, 1.643891, 1.703552, 1.761744 ] }, { "date": "2025-01-24", "close": 1.564, "volume": 309926, "typical_volume": 255779.3, "trend": 1.809767, "fair_value": 2.390994, "relative_strength": -26.422345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.047421, "energy": 30.146882, "activity_lines": [ 1.606267, 1.6228, 1.683562, 1.745695 ] }, { "date": "2025-01-31", "close": 1.54, "volume": 134649, "typical_volume": 255245.15, "trend": 1.800033, "fair_value": 2.368494, "relative_strength": -26.956955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.171144, "energy": 31.854219, "activity_lines": [ 1.586267, 1.600436, 1.663457, 1.72829 ] }, { "date": "2025-02-07", "close": 1.546, "volume": 196032, "typical_volume": 257900.8, "trend": 1.790033, "fair_value": 2.346481, "relative_strength": -26.00904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.016293, "energy": 36.01893, "activity_lines": [ 1.562933, 1.582545, 1.646448, 1.711901 ] }, { "date": "2025-02-14", "close": 1.54, "volume": 495343, "typical_volume": 273521.95, "trend": 1.780167, "fair_value": 2.328673, "relative_strength": -27.388726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.503125, "energy": 35.371964, "activity_lines": [ 1.5448, 1.570545, 1.630876, 1.69577 ] }, { "date": "2025-02-21", "close": 1.502, "volume": 508071, "typical_volume": 288889.6, "trend": 1.762733, "fair_value": 2.312788, "relative_strength": -28.251374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.812574, "energy": 38.528075, "activity_lines": [ 1.530133, 1.556618, 1.613657, 1.677824 ] }, { "date": "2025-02-28", "close": 1.31, "volume": 469423, "typical_volume": 297698.35, "trend": 1.743867, "fair_value": 2.29925, "relative_strength": -36.457047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.580622, "energy": 59.030126, "activity_lines": [ 1.454, 1.5108, 1.57961, 1.648615 ] }, { "date": "2025-03-07", "close": 1.256, "volume": 711482, "typical_volume": 326286.5, "trend": 1.724267, "fair_value": 2.279904, "relative_strength": -38.442934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.134031, "energy": 68.92479, "activity_lines": [ 1.3768, 1.458473, 1.543067, 1.61714 ] }, { "date": "2025-03-14", "close": 1.224, "volume": 2644935, "typical_volume": 449915.4, "trend": 1.704, "fair_value": 2.26075, "relative_strength": -38.691589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.802908, "energy": 70.871809, "activity_lines": [ 1.307867, 1.404036, 1.506238, 1.584865 ] }, { "date": "2025-03-21", "close": 1.26, "volume": 981064, "typical_volume": 490653.8, "trend": 1.677333, "fair_value": 2.243147, "relative_strength": -36.355735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.741992, "energy": 73.125338, "activity_lines": [ 1.2724, 1.363964, 1.475343, 1.556219 ] }, { "date": "2025-03-28", "close": 1.214, "volume": 516994, "typical_volume": 505803.4, "trend": 1.6478, "fair_value": 2.22275, "relative_strength": -36.958472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.969015, "energy": 69.021141, "activity_lines": [ 1.240267, 1.325018, 1.442143, 1.526327 ] }, { "date": "2025-04-04", "close": 1.1, "volume": 835510, "typical_volume": 536209.15, "trend": 1.617133, "fair_value": 2.20325, "relative_strength": -37.025373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.548198, "energy": 69.558378, "activity_lines": [ 1.189333, 1.271273, 1.400448, 1.490985 ] }, { "date": "2025-04-11", "close": 1.302, "volume": 1503259, "typical_volume": 602596.4, "trend": 1.591533, "fair_value": 2.186417, "relative_strength": -22.86454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.906806, "energy": 49.519546, "activity_lines": [ 1.219733, 1.262691, 1.38101, 1.470654 ] }, { "date": "2025-04-18", "close": 1.35, "volume": 591413, "typical_volume": 611797.85, "trend": 1.570933, "fair_value": 2.171763, "relative_strength": -21.29084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.889519, "energy": 41.383425, "activity_lines": [ 1.263067, 1.267164, 1.368162, 1.455071 ] }, { "date": "2025-04-25", "close": 1.38, "volume": 390648, "typical_volume": 623729.65, "trend": 1.5518, "fair_value": 2.158686, "relative_strength": -21.530367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.6067, "energy": 28.284326, "activity_lines": [ 1.308, 1.280655, 1.360933, 1.442753 ] }, { "date": "2025-05-02", "close": 1.452, "volume": 404563, "typical_volume": 633017.05, "trend": 1.539933, "fair_value": 2.147699, "relative_strength": -18.855173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.378562, "energy": 21.294552, "activity_lines": [ 1.368933, 1.310145, 1.362629, 1.436314 ] }, { "date": "2025-05-09", "close": 1.39, "volume": 685945, "typical_volume": 648518.7, "trend": 1.524067, "fair_value": 2.137545, "relative_strength": -20.959974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.719701, "energy": 20.662042, "activity_lines": [ 1.393333, 1.329273, 1.359448, 1.426641 ] }, { "date": "2025-05-16", "close": 1.358, "volume": 429737, "typical_volume": 662694.7, "trend": 1.508133, "fair_value": 2.123558, "relative_strength": -23.192786, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.84837, "energy": 18.106305, "activity_lines": [ 1.387733, 1.341127, 1.353705, 1.415927 ] }, { "date": "2025-05-23", "close": 1.416, "volume": 380413, "typical_volume": 652771.6, "trend": 1.497, "fair_value": 2.109468, "relative_strength": -17.436029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.27413, "energy": 12.138232, "activity_lines": [ 1.397733, 1.361673, 1.353971, 1.409983 ] }, { "date": "2025-05-30", "close": 1.332, "volume": 252211, "typical_volume": 635312.55, "trend": 1.484867, "fair_value": 2.098622, "relative_strength": -21.627634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.003097, "energy": 9.53839, "activity_lines": [ 1.375333, 1.363455, 1.347371, 1.399338 ] }, { "date": "2025-06-06", "close": 1.288, "volume": 353689, "typical_volume": 639765.35, "trend": 1.4708, "fair_value": 2.090199, "relative_strength": -23.863385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.191261, "energy": 19.170664, "activity_lines": [ 1.341467, 1.355927, 1.338724, 1.386637 ] }, { "date": "2025-06-13", "close": 1.28, "volume": 306684, "typical_volume": 639603.25, "trend": 1.455667, "fair_value": 2.082763, "relative_strength": -22.511293, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.562306, "energy": 24.926366, "activity_lines": [ 1.315867, 1.3456, 1.330514, 1.374327 ] }, { "date": "2025-06-20", "close": 1.276, "volume": 259521, "typical_volume": 645846.85, "trend": 1.440667, "fair_value": 2.07284, "relative_strength": -21.379307, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.379052, "energy": 37.502937, "activity_lines": [ 1.296267, 1.331273, 1.323276, 1.362735 ] }, { "date": "2025-06-27", "close": 1.256, "volume": 279983, "typical_volume": 650044.4, "trend": 1.4182, "fair_value": 2.063853, "relative_strength": -23.23745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.226599, "energy": 45.926381, "activity_lines": [ 1.275467, 1.313782, 1.31539, 1.350822 ] }, { "date": "2025-07-04", "close": 1.398, "volume": 374827, "typical_volume": 644018.6, "trend": 1.404333, "fair_value": 2.056083, "relative_strength": -14.168767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.177777, "energy": 19.155562, "activity_lines": [ 1.312667, 1.323818, 1.32241, 1.349518 ] }, { "date": "2025-07-11", "close": 1.356, "volume": 201308, "typical_volume": 628680.45, "trend": 1.393933, "fair_value": 2.050032, "relative_strength": -17.669664, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.99447, "energy": 14.59538, "activity_lines": [ 1.331467, 1.325891, 1.326105, 1.3464 ] }, { "date": "2025-07-18", "close": 1.568, "volume": 2141082, "typical_volume": 712263.4, "trend": 1.396467, "fair_value": 2.043609, "relative_strength": -4.339306, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.351584, "energy": 22.215483, "activity_lines": [ 1.4164, 1.368255, 1.350686, 1.35763 ] }, { "date": "2025-07-25", "close": 2.23, "volume": 2655206, "typical_volume": 809449.6, "trend": 1.422133, "fair_value": 2.041545, "relative_strength": 35.651118, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 62.801671, "energy": 75.197747, "activity_lines": [ 1.7028, 1.527745, 1.437086, 1.411406 ] }, { "date": "2025-08-01", "close": 2.49, "volume": 4039732, "typical_volume": 879189.45, "trend": 1.45, "fair_value": 2.036545, "relative_strength": 56.235545, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.547216, "energy": 95.479735, "activity_lines": [ 2.012267, 1.718655, 1.54361, 1.480301 ] }, { "date": "2025-08-08", "close": 2.37, "volume": 3315754, "typical_volume": 995923.95, "trend": 1.4696, "fair_value": 2.028571, "relative_strength": 44.237207, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.656596, "energy": 91.691461, "activity_lines": [ 2.199467, 1.868218, 1.632676, 1.539656 ] }, { "date": "2025-08-15", "close": 2.54, "volume": 1397615, "typical_volume": 1039955.0, "trend": 1.502933, "fair_value": 2.023417, "relative_strength": 50.047739, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.747394, "energy": 92.533226, "activity_lines": [ 2.378533, 2.029818, 1.732648, 1.608714 ] }, { "date": "2025-08-22", "close": 2.51, "volume": 1387828, "typical_volume": 1067570.9, "trend": 1.534467, "fair_value": 2.019314, "relative_strength": 46.845941, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.030066, "energy": 88.207915, "activity_lines": [ 2.468667, 2.1632, 1.823448, 1.673686 ] }, { "date": "2025-08-29", "close": 2.29, "volume": 1062377, "typical_volume": 1045526.8, "trend": 1.559467, "fair_value": 2.012699, "relative_strength": 38.323645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.494117, "energy": 62.645455, "activity_lines": [ 2.422667, 2.234218, 1.886581, 1.72243 ] }, { "date": "2025-09-05", "close": 2.285, "volume": 814852, "typical_volume": 1056698.75, "trend": 1.5841, "fair_value": 2.005936, "relative_strength": 38.260936, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.365771, "energy": 55.619965, "activity_lines": [ 2.371, 2.285891, 1.944533, 1.769239 ] }, { "date": "2025-09-12", "close": 2.685, "volume": 1708968, "typical_volume": 1122614.75, "trend": 1.622267, "fair_value": 2.002699, "relative_strength": 58.409012, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.217705, "energy": 55.547159, "activity_lines": [ 2.466333, 2.391582, 2.036129, 1.840265 ] }, { "date": "2025-09-19", "close": 3.07, "volume": 2119489, "typical_volume": 1208361.05, "trend": 1.674533, "fair_value": 2.006327, "relative_strength": 78.433454, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.31569, "energy": 60.095443, "activity_lines": [ 2.669, 2.543873, 2.158176, 1.933667 ] }, { "date": "2025-09-26", "close": 2.985, "volume": 2568849, "typical_volume": 1302506.25, "trend": 1.730367, "fair_value": 2.009897, "relative_strength": 71.185749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.596581, "energy": 57.750613, "activity_lines": [ 2.808, 2.649545, 2.264424, 2.018213 ] }, { "date": "2025-10-03", "close": 3.04, "volume": 5795208, "typical_volume": 1570779.8, "trend": 1.789833, "fair_value": 2.012462, "relative_strength": 67.804039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.20339, "energy": 55.232282, "activity_lines": [ 2.933667, 2.739455, 2.368314, 2.102705 ] }, { "date": "2025-10-10", "close": 3.6, "volume": 6012656, "typical_volume": 1852391.95, "trend": 1.869033, "fair_value": 2.018808, "relative_strength": 99.257013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.985988, "energy": 59.474933, "activity_lines": [ 3.196, 2.916455, 2.517529, 2.21949 ] }, { "date": "2025-10-17", "close": 3.41, "volume": 7369160, "typical_volume": 2208239.4, "trend": 1.9407, "fair_value": 2.025, "relative_strength": 80.152789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.824697, "energy": 53.482916, "activity_lines": [ 3.307333, 3.038727, 2.638248, 2.318908 ] }, { "date": "2025-10-24", "close": 2.99, "volume": 3860007, "typical_volume": 2383555.3, "trend": 1.9999, "fair_value": 2.02759, "relative_strength": 55.298461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.234944, "energy": 47.308214, "activity_lines": [ 3.230333, 3.065727, 2.709071, 2.386604 ] }, { "date": "2025-10-31", "close": 3.085, "volume": 2179852, "typical_volume": 2477213.7, "trend": 2.066067, "fair_value": 2.031981, "relative_strength": 60.307322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.490186, "energy": 43.509523, "activity_lines": [ 3.190333, 3.101818, 2.780838, 2.456611 ] }, { "date": "2025-11-07", "close": 2.86, "volume": 897066, "typical_volume": 2509090.95, "trend": 2.118, "fair_value": 2.035045, "relative_strength": 50.264653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.987201, "energy": 30.565481, "activity_lines": [ 3.068667, 3.086545, 2.822581, 2.507832 ] }, { "date": "2025-11-14", "close": 3.405, "volume": 1890851, "typical_volume": 2589634.35, "trend": 2.1865, "fair_value": 2.042859, "relative_strength": 71.626438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.372589, "energy": 31.013025, "activity_lines": [ 3.140667, 3.16, 2.908686, 2.590865 ] }, { "date": "2025-11-21", "close": 4.105, "volume": 4428022, "typical_volume": 2792294.1, "trend": 2.277333, "fair_value": 2.05434, "relative_strength": 107.232738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.234225, "energy": 46.474546, "activity_lines": [ 3.459, 3.340364, 3.051224, 2.714639 ] }, { "date": "2025-11-28", "close": 4.435, "volume": 3208467, "typical_volume": 2942652.05, "trend": 2.376767, "fair_value": 2.06891, "relative_strength": 115.370743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.203185, "energy": 64.349296, "activity_lines": [ 3.841, 3.554909, 3.2123, 2.853843 ] }, { "date": "2025-12-05", "close": 4.12, "volume": 2202236, "typical_volume": 2945709.75, "trend": 2.467767, "fair_value": 2.081308, "relative_strength": 96.346193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.015979, "energy": 68.782303, "activity_lines": [ 4.021667, 3.687364, 3.328714, 2.96631 ] }, { "date": "2025-12-12", "close": 4.11, "volume": 2504872, "typical_volume": 2938193.05, "trend": 2.5595, "fair_value": 2.094282, "relative_strength": 92.910914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.0937, "energy": 68.583046, "activity_lines": [ 4.13, 3.797364, 3.432024, 3.07226 ] }, { "date": "2025-12-19", "close": 3.73, "volume": 3473037, "typical_volume": 2909858.3, "trend": 2.636633, "fair_value": 2.105744, "relative_strength": 70.168151, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.976776, "energy": 46.870606, "activity_lines": [ 4.028333, 3.818818, 3.49019, 3.147776 ] }, { "date": "2025-12-26", "close": 4.135, "volume": 1196208, "typical_volume": 2803881.0, "trend": 2.730067, "fair_value": 2.119513, "relative_strength": 85.618939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.605391, "energy": 40.844879, "activity_lines": [ 4.04, 3.911545, 3.581024, 3.244445 ] }, { "date": "2026-01-02", "close": 4.215, "volume": 1497257, "typical_volume": 2808863.1, "trend": 2.827633, "fair_value": 2.129276, "relative_strength": 83.409711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.839804, "energy": 40.182865, "activity_lines": [ 4.076333, 4.005636, 3.671071, 3.340247 ] }, { "date": "2026-01-09", "close": 3.86, "volume": 1334520, "typical_volume": 2806197.7, "trend": 2.913633, "fair_value": 2.131135, "relative_strength": 62.1441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.13251, "energy": 30.623461, "activity_lines": [ 4.009, 4.012909, 3.719333, 3.406852 ] }, { "date": "2026-01-16", "close": 3.49, "volume": 1408303, "typical_volume": 2823494.0, "trend": 2.987433, "fair_value": 2.135096, "relative_strength": 46.231704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.113374, "energy": 26.5679, "activity_lines": [ 3.835667, 3.938818, 3.725929, 3.444037 ] }, { "date": "2026-01-23", "close": 3.735, "volume": 1164774, "typical_volume": 2840990.1, "trend": 3.070067, "fair_value": 2.140359, "relative_strength": 56.010698, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.754094, "energy": 20.693311, "activity_lines": [ 3.785333, 3.897818, 3.750143, 3.492267 ] }, { "date": "2026-01-30", "close": 3.25, "volume": 1189497, "typical_volume": 2815016.55, "trend": 3.1318, "fair_value": 2.145936, "relative_strength": 34.217803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.108422, "energy": 16.218538, "activity_lines": [ 3.573, 3.762636, 3.721262, 3.503875 ] }, { "date": "2026-02-06", "close": 3.105, "volume": 891980, "typical_volume": 2753641.1, "trend": 3.1901, "fair_value": 2.15125, "relative_strength": 24.489316, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.914429, "energy": 16.554857, "activity_lines": [ 3.371333, 3.616636, 3.675881, 3.502146 ] }, { "date": "2026-02-13", "close": 3.305, "volume": 1246358, "typical_volume": 2687516.55, "trend": 3.248, "fair_value": 2.157538, "relative_strength": 30.165504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.508934, "energy": 17.84951, "activity_lines": [ 3.310333, 3.531182, 3.649381, 3.509559 ] }, { "date": "2026-02-20", "close": 3.44, "volume": 878621, "typical_volume": 2441687.2, "trend": 3.288333, "fair_value": 2.165654, "relative_strength": 30.436064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.500222, "energy": 18.40583, "activity_lines": [ 3.331333, 3.485091, 3.634214, 3.521946 ] }, { "date": "2026-02-27", "close": 3.445, "volume": 1175965, "typical_volume": 2199852.65, "trend": 3.320167, "fair_value": 2.174071, "relative_strength": 27.728857, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.126446, "energy": 18.399218, "activity_lines": [ 3.357333, 3.452091, 3.617619, 3.532054 ] }, { "date": "2026-03-06", "close": 3.16, "volume": 988455, "typical_volume": 1880817.4, "trend": 3.3465, "fair_value": 2.181506, "relative_strength": 23.944662, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.236837, "energy": 19.982971, "activity_lines": [ 3.307667, 3.372455, 3.574619, 3.52172 ] }, { "date": "2026-03-13", "close": 3.15, "volume": 1157634, "typical_volume": 1745698.75, "trend": 3.366833, "fair_value": 2.189897, "relative_strength": 23.010147, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.85324, "energy": 18.844148, "activity_lines": [ 3.260667, 3.308727, 3.531857, 3.509043 ] }, { "date": "2026-03-20", "close": 2.93, "volume": 929377, "typical_volume": 1683175.0, "trend": 3.380833, "fair_value": 2.196301, "relative_strength": 16.527789, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.034269, "energy": 42.208128, "activity_lines": [ 3.137333, 3.224364, 3.467381, 3.48086 ] }, { "date": "2026-03-27", "close": 2.81, "volume": 821936, "typical_volume": 1679418.5, "trend": 3.398167, "fair_value": 2.202635, "relative_strength": 9.865953, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.806188, "energy": 57.448936, "activity_lines": [ 2.999, 3.135091, 3.392214, 3.444032 ] }, { "date": "2026-04-03", "close": 3.105, "volume": 714076, "typical_volume": 1620579.75, "trend": 3.4255, "fair_value": 2.210712, "relative_strength": 15.827615, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.242191, "energy": 60.360759, "activity_lines": [ 3.001, 3.111818, 3.345381, 3.425118 ] }, { "date": "2026-04-10", "close": 3.188, "volume": 844387, "typical_volume": 1441398.0, "trend": 3.442267, "fair_value": 2.219103, "relative_strength": 13.332201, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.306989, "energy": 52.406405, "activity_lines": [ 3.053333, 3.115091, 3.307881, 3.409796 ] }, { "date": "2026-04-17", "close": 3.782, "volume": 5458732, "typical_volume": 1553911.25, "trend": 3.466, "fair_value": 2.231667, "relative_strength": 29.873984, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.441542, "energy": 10.491055, "activity_lines": [ 3.3018, 3.227491, 3.331319, 3.431714 ] }, { "date": "2026-04-24", "close": 3.306, "volume": 1428147, "typical_volume": 1515206.8, "trend": 3.4767, "fair_value": 2.241596, "relative_strength": 15.816706, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.369574, "energy": 19.33722, "activity_lines": [ 3.349467, 3.241036, 3.312533, 3.421391 ] }, { "date": "2026-05-01", "close": 3.326, "volume": 753462, "typical_volume": 1427636.3, "trend": 3.486233, "fair_value": 2.251474, "relative_strength": 15.716245, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.783718, "energy": 19.607345, "activity_lines": [ 3.378733, 3.2582, 3.299529, 3.411669 ] }, { "date": "2026-05-08", "close": 3.198, "volume": 877168, "typical_volume": 1297842.85, "trend": 3.472833, "fair_value": 2.261506, "relative_strength": 10.011668, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.86237, "energy": 19.181113, "activity_lines": [ 3.330933, 3.254164, 3.278067, 3.393073 ] }, { "date": "2026-05-15", "close": 3.584, "volume": 1478525, "typical_volume": 1311958.7, "trend": 3.478633, "fair_value": 2.273724, "relative_strength": 23.918897, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.648566, "energy": 6.35979, "activity_lines": [ 3.4056, 3.3248, 3.2959, 3.400245 ] }, { "date": "2026-05-22", "close": 3.064, "volume": 1430977, "typical_volume": 1308644.7, "trend": 3.4811, "fair_value": 2.281923, "relative_strength": 2.752685, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.126194, "energy": 17.450116, "activity_lines": [ 3.280533, 3.293182, 3.266833, 3.373495 ] }, { "date": "2026-05-29", "close": 3.076, "volume": 1150963, "typical_volume": 1299466.85, "trend": 3.4808, "fair_value": 2.289622, "relative_strength": 1.222033, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.888214, "energy": 21.536048, "activity_lines": [ 3.207333, 3.265309, 3.24439, 3.347359 ] }, { "date": "2026-06-05", "close": 2.64, "volume": 254029, "typical_volume": 1241753.15, "trend": 3.473467, "fair_value": 2.294487, "relative_strength": -14.188547, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.097668, "energy": 49.876253, "activity_lines": [ 3.004133, 3.155509, 3.184157, 3.293114 ] }, { "date": "2026-06-12", "close": 2.764, "volume": 197672, "typical_volume": 1193398.05, "trend": 3.4521, "fair_value": 2.300173, "relative_strength": -12.325421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.169147, "energy": 61.577011, "activity_lines": [ 2.888, 3.071345, 3.139781, 3.247342 ] }, { "date": "2026-06-19", "close": 2.67, "volume": 155382, "typical_volume": 1141692.3, "trend": 3.404267, "fair_value": 2.306263, "relative_strength": -16.646226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.458059, "energy": 66.936559, "activity_lines": [ 2.769467, 2.976291, 3.091076, 3.196884 ] }, { "date": "2026-06-26", "close": 2.45, "volume": 119714, "typical_volume": 1103079.0, "trend": 3.3381, "fair_value": 2.310596, "relative_strength": -23.680826, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.230604, "energy": 74.435669, "activity_lines": [ 2.638533, 2.850655, 3.024181, 3.135318 ] }, { "date": "2026-07-03", "close": 2.852, "volume": 221791, "typical_volume": 1051850.65, "trend": 3.295833, "fair_value": 2.316987, "relative_strength": -13.114904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.067043, "energy": 57.975062, "activity_lines": [ 2.682533, 2.822327, 2.99869, 3.103957 ] }, { "date": "2026-07-10", "close": 2.59, "volume": 694582, "typical_volume": 1042648.7, "trend": 3.245167, "fair_value": 2.320423, "relative_strength": -20.044176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.305733, "energy": 50.860406, "activity_lines": [ 2.654133, 2.754618, 2.950405, 3.058419 ] }, { "date": "2026-07-17", "close": 2.31, "volume": 679003, "typical_volume": 1017800.6, "trend": 3.197833, "fair_value": 2.319346, "relative_strength": -28.956002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.468768, "energy": 62.449821, "activity_lines": [ 2.535733, 2.649382, 2.8795, 2.998086 ] }, { "date": "2026-07-24", "close": 2.592, "volume": 661902, "typical_volume": 1001472.95, "trend": 3.1464, "fair_value": 2.323513, "relative_strength": -20.699401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.05635, "energy": 43.862811, "activity_lines": [ 2.5416, 2.611564, 2.840857, 2.959 ] }, { "date": "2026-07-31", "close": 2.498, "volume": 542035, "typical_volume": 970693.0, "trend": 3.089167, "fair_value": 2.328231, "relative_strength": -24.673757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.666261, "energy": 53.705002, "activity_lines": [ 2.521333, 2.574691, 2.795967, 2.917168 ] }, { "date": "2026-08-07", "close": 2.41, "volume": 313440, "typical_volume": 939896.15, "trend": 3.040833, "fair_value": 2.332244, "relative_strength": -28.935637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.71485, "energy": 59.445108, "activity_lines": [ 2.468533, 2.532109, 2.7458, 2.873351 ] } ], "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." } } }