{ "ticker": { "uuid": "09c5bddf-ba5a-4620-94a1-72ef731d17ce", "symbol": "BIG1", "name": "Bio-Gate AG", "exchange": "GER", "country": "DE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GDAXI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -40.108, "architecture_energy": 17.667, "architecture_maturity": 29.863, "architecture_confidence": 69.288, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 48.51, "rotation_up": 23.05, "upward_expansion": 16.32, "deceleration": 52.99, "rotation_down": 41.28, "downward_expansion": 61.65 }, "activity_lines": [ 3.078333, 3.084091, 3.202857, 3.189624 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.166667 }, "latest_close": 2.9, "trend_reference": 3.2225, "distance_from_trend": -0.100078, "trend_direction": "Weakening", "fair_value": 4.307051, "distance_from_fair_value": -0.326686, "fair_value_direction": "Weakening", "relative_strength": -27.729165, "relative_strength_direction": "Weakening", "price_momentum": -0.107692, "excess_performance": -0.172332, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.100078, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.10007, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.326686, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.148468, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.277292, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.208949, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.107692, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.304212, "read": "Demand-led" } ], "volume": { "latest": 2631, "relative_activity": 0.845125, "balance": 1.304212, "dry_up": 1.599666, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.203581, "annualized_volatility": 0.603929, "from_high_reference": -0.414141, "from_low_reference": 0.16 }, "levels": { "trend_reference": 3.2225, "fair_value_reference": 4.307051, "structural_low": 2.5, "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": 22, "median_return": -0.011762, "positive_rate": 0.363636, "directional_follow_through": 0.363636, "median_excess_return": -0.037336, "regime_survival": 0.727273, "best_return": 0.213483, "worst_return": -0.144654, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.116564, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.099618, "regime_survival": 0.285714, "best_return": 0.263889, "worst_return": -0.2, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.259434, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.258204, "regime_survival": 0.0, "best_return": 0.116564, "worst_return": -0.305, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.260267, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.348409, "regime_survival": 0.5, "best_return": -0.055215, "worst_return": -0.676101, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-01-13", "end": "2023-11-24", "tenure": "Extended", "return": -0.581301, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-01", "end": "2024-03-15", "tenure": "Established", "return": 0.135922, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-04-12", "tenure": "New", "return": -0.119658, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-19", "end": "2024-05-24", "tenure": "Developing", "return": -0.150485, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-31", "end": "2024-06-21", "tenure": "New", "return": -0.01, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-28", "end": "2024-08-30", "tenure": "Developing", "return": -0.15566, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2025-01-24", "tenure": "Established", "return": -0.136364, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-05-30", "tenure": "Established", "return": 0.239264, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-08-08", "tenure": "Developing", "return": -0.12381, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-10-17", "tenure": "Developing", "return": -0.13089, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-14", "tenure": "New", "return": -0.060241, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-05-15", "tenure": "Established", "return": -0.064706, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": -0.09396, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.064516, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.7, "volume": 1381, "typical_volume": 1435.95, "trend": 9.716667, "fair_value": 13.557051, "relative_strength": -56.199623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.563909, "energy": 93.024986, "activity_lines": [ 6.333333, 6.853636, 7.65881, 8.52914 ] }, { "date": "2023-08-25", "close": 4.975, "volume": 2615, "typical_volume": 1524.7, "trend": 9.485833, "fair_value": 13.54407, "relative_strength": -60.992978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.755171, "energy": 96.413592, "activity_lines": [ 5.791667, 6.442727, 7.318333, 8.223226 ] }, { "date": "2023-09-01", "close": 4.975, "volume": 7315, "typical_volume": 1877.75, "trend": 9.221667, "fair_value": 13.53109, "relative_strength": -60.566259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.946505, "energy": 92.696747, "activity_lines": [ 5.395, 6.085909, 7.011786, 7.932204 ] }, { "date": "2023-09-08", "close": 4.925, "volume": 3620, "typical_volume": 2058.75, "trend": 8.955833, "fair_value": 13.517788, "relative_strength": -59.85501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.019419, "energy": 89.794898, "activity_lines": [ 5.13, 5.777727, 6.730595, 7.655 ] }, { "date": "2023-09-15", "close": 4.625, "volume": 4044, "typical_volume": 2175.85, "trend": 8.69, "fair_value": 13.502564, "relative_strength": -61.745832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.288845, "energy": 88.074768, "activity_lines": [ 4.893333, 5.470909, 6.45119, 7.375591 ] }, { "date": "2023-09-22", "close": 4.3, "volume": 7210, "typical_volume": 2500.35, "trend": 8.406667, "fair_value": 13.485256, "relative_strength": -62.713407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.803532, "energy": 70.991981, "activity_lines": [ 4.646667, 5.158182, 6.169286, 7.092366 ] }, { "date": "2023-09-29", "close": 4.65, "volume": 6303, "typical_volume": 2721.35, "trend": 8.155, "fair_value": 13.470192, "relative_strength": -58.188976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.934348, "energy": 65.378209, "activity_lines": [ 4.61, 4.970909, 5.947143, 6.85 ] }, { "date": "2023-10-06", "close": 5.95, "volume": 7058, "typical_volume": 3012.95, "trend": 7.97, "fair_value": 13.463462, "relative_strength": -44.541775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.709164, "energy": 48.613403, "activity_lines": [ 5.028333, 5.065455, 5.870238, 6.707742 ] }, { "date": "2023-10-13", "close": 5.5, "volume": 12308, "typical_volume": 3479.9, "trend": 7.776667, "fair_value": 13.453846, "relative_strength": -47.200481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.684201, "energy": 36.664824, "activity_lines": [ 5.231667, 5.100909, 5.76, 6.548387 ] }, { "date": "2023-10-20", "close": 4.925, "volume": 8134, "typical_volume": 3872.45, "trend": 7.5675, "fair_value": 13.440545, "relative_strength": -50.122197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.930582, "energy": 30.343917, "activity_lines": [ 5.205, 5.056364, 5.612619, 6.364409 ] }, { "date": "2023-10-27", "close": 5.1, "volume": 1400, "typical_volume": 3878.95, "trend": 7.364167, "fair_value": 13.428365, "relative_strength": -46.659008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.634401, "energy": 24.366367, "activity_lines": [ 5.216667, 5.065, 5.498929, 6.205215 ] }, { "date": "2023-11-03", "close": 4.0, "volume": 6693, "typical_volume": 4038.1, "trend": 7.094167, "fair_value": 13.409135, "relative_strength": -58.502824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.587592, "energy": 40.884685, "activity_lines": [ 4.808333, 4.884545, 5.297619, 5.988172 ] }, { "date": "2023-11-10", "close": 4.7, "volume": 3926, "typical_volume": 4151.55, "trend": 6.874167, "fair_value": 13.394391, "relative_strength": -50.20664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.960263, "energy": 37.780145, "activity_lines": [ 4.676667, 4.849091, 5.181786, 5.83371 ] }, { "date": "2023-11-17", "close": 5.3, "volume": 2202, "typical_volume": 4178.25, "trend": 6.674167, "fair_value": 13.383494, "relative_strength": -45.012374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.975058, "energy": 32.509639, "activity_lines": [ 4.828333, 4.927727, 5.139524, 5.732151 ] }, { "date": "2023-11-24", "close": 5.15, "volume": 22281, "typical_volume": 5245.95, "trend": 6.4925, "fair_value": 13.371635, "relative_strength": -45.723829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.526051, "energy": 28.669913, "activity_lines": [ 4.943333, 4.972273, 5.095833, 5.633817 ] }, { "date": "2023-12-01", "close": 5.15, "volume": 4455, "typical_volume": 5360.9, "trend": 6.335833, "fair_value": 13.359776, "relative_strength": -45.562074, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.338316, "energy": 17.565029, "activity_lines": [ 5.043333, 5.007273, 5.063571, 5.547204 ] }, { "date": "2023-12-08", "close": 5.25, "volume": 814, "typical_volume": 5374.6, "trend": 6.205833, "fair_value": 13.348558, "relative_strength": -44.426843, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.999093, "energy": 14.882568, "activity_lines": [ 5.173333, 5.045, 5.052976, 5.477151 ] }, { "date": "2023-12-15", "close": 5.15, "volume": 420, "typical_volume": 5321.05, "trend": 6.1125, "fair_value": 13.336699, "relative_strength": -44.068926, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.410026, "energy": 9.937797, "activity_lines": [ 5.186667, 5.053636, 5.041905, 5.409032 ] }, { "date": "2023-12-22", "close": 5.5, "volume": 1600, "typical_volume": 5330.8, "trend": 5.989167, "fair_value": 13.327083, "relative_strength": -38.562532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.137395, "energy": 8.576457, "activity_lines": [ 5.286667, 5.140455, 5.073929, 5.369516 ] }, { "date": "2023-12-29", "close": 5.55, "volume": 1705, "typical_volume": 5274.2, "trend": 5.890833, "fair_value": 13.317788, "relative_strength": -36.706142, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.601092, "energy": 8.466103, "activity_lines": [ 5.39, 5.236364, 5.117143, 5.341183 ] }, { "date": "2024-01-05", "close": 5.35, "volume": 320, "typical_volume": 5221.15, "trend": 5.779167, "fair_value": 13.307212, "relative_strength": -37.064602, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.614588, "energy": 10.702141, "activity_lines": [ 5.4, 5.284545, 5.143929, 5.30629 ] }, { "date": "2024-01-12", "close": 4.825, "volume": 503, "typical_volume": 5115.55, "trend": 5.675, "fair_value": 13.293269, "relative_strength": -42.478657, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.764881, "energy": 14.761938, "activity_lines": [ 5.221667, 5.232727, 5.122381, 5.244731 ] }, { "date": "2024-01-19", "close": 4.875, "volume": 206, "typical_volume": 4760.1, "trend": 5.565833, "fair_value": 13.279647, "relative_strength": -40.1111, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.744793, "energy": 18.584992, "activity_lines": [ 5.088333, 5.175, 5.10631, 5.193118 ] }, { "date": "2024-01-26", "close": 5.15, "volume": 959, "typical_volume": 4627.05, "trend": 5.470833, "fair_value": 13.267788, "relative_strength": -37.062028, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.952568, "energy": 18.870024, "activity_lines": [ 5.065, 5.164091, 5.116905, 5.16629 ] }, { "date": "2024-02-02", "close": 5.4, "volume": 42561, "typical_volume": 6552.9, "trend": 5.399167, "fair_value": 13.257532, "relative_strength": -32.453451, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.203737, "energy": 14.305938, "activity_lines": [ 5.148333, 5.201364, 5.150238, 5.16172 ] }, { "date": "2024-02-09", "close": 5.25, "volume": 804, "typical_volume": 6232.6, "trend": 5.3175, "fair_value": 13.246314, "relative_strength": -32.907855, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.39062, "energy": 7.785573, "activity_lines": [ 5.191667, 5.206818, 5.165595, 5.152097 ] }, { "date": "2024-02-16", "close": 5.45, "volume": 856, "typical_volume": 5960.25, "trend": 5.260833, "fair_value": 13.236378, "relative_strength": -29.679539, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.583567, "energy": 19.994738, "activity_lines": [ 5.308333, 5.246818, 5.195476, 5.160645 ] }, { "date": "2024-02-23", "close": 5.3, "volume": 1924, "typical_volume": 5703.55, "trend": 5.1975, "fair_value": 13.225481, "relative_strength": -31.230718, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.857241, "energy": 24.17449, "activity_lines": [ 5.333333, 5.255909, 5.207262, 5.163172 ] }, { "date": "2024-03-01", "close": 5.3, "volume": 1240, "typical_volume": 5150.15, "trend": 5.145833, "fair_value": 13.214583, "relative_strength": -31.002624, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.99577, "energy": 33.307532, "activity_lines": [ 5.33, 5.262273, 5.222143, 5.169785 ] }, { "date": "2024-03-08", "close": 5.85, "volume": 7391, "typical_volume": 5113.0, "trend": 5.1375, "fair_value": 13.207212, "relative_strength": -22.751826, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.708293, "energy": 44.8378, "activity_lines": [ 5.5, 5.372273, 5.290357, 5.215215 ] }, { "date": "2024-03-15", "close": 5.85, "volume": 1800, "typical_volume": 5133.0, "trend": 5.1425, "fair_value": 13.19984, "relative_strength": -21.723284, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.112057, "energy": 45.0237, "activity_lines": [ 5.64, 5.476818, 5.354167, 5.261183 ] }, { "date": "2024-03-22", "close": 5.85, "volume": 2177, "typical_volume": 4907.2, "trend": 5.171667, "fair_value": 13.192468, "relative_strength": -21.328911, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.298034, "energy": 49.605528, "activity_lines": [ 5.74, 5.572273, 5.414405, 5.306828 ] }, { "date": "2024-03-29", "close": 5.2, "volume": 2742, "typical_volume": 4848.0, "trend": 5.179167, "fair_value": 13.180929, "relative_strength": -29.712747, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.338084, "energy": 31.83022, "activity_lines": [ 5.596667, 5.530909, 5.403929, 5.308656 ] }, { "date": "2024-04-05", "close": 5.2, "volume": 10, "typical_volume": 4738.4, "trend": 5.188333, "fair_value": 13.169391, "relative_strength": -26.761306, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.038107, "energy": 15.469721, "activity_lines": [ 5.46, 5.483636, 5.391071, 5.31 ] }, { "date": "2024-04-12", "close": 5.15, "volume": 2270, "typical_volume": 3737.85, "trend": 5.205833, "fair_value": 13.157532, "relative_strength": -24.894496, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.418004, "energy": 12.24982, "activity_lines": [ 5.313333, 5.426364, 5.373929, 5.307527 ] }, { "date": "2024-04-19", "close": 5.15, "volume": 1132, "typical_volume": 3571.7, "trend": 5.234167, "fair_value": 13.145673, "relative_strength": -22.434699, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.107214, "energy": 11.117841, "activity_lines": [ 5.213333, 5.373636, 5.356786, 5.303925 ] }, { "date": "2024-04-26", "close": 4.95, "volume": 5635, "typical_volume": 3812.75, "trend": 5.244167, "fair_value": 13.132532, "relative_strength": -25.685011, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.799435, "energy": 19.627391, "activity_lines": [ 5.093333, 5.286364, 5.320595, 5.285591 ] }, { "date": "2024-05-03", "close": 5.15, "volume": 1665, "typical_volume": 3875.0, "trend": 5.2175, "fair_value": 13.120673, "relative_strength": -20.619856, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.227055, "energy": 19.642771, "activity_lines": [ 5.1, 5.244545, 5.304881, 5.279516 ] }, { "date": "2024-05-10", "close": 4.8, "volume": 2601, "typical_volume": 3925.05, "trend": 5.194167, "fair_value": 13.035417, "relative_strength": -27.824542, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.827162, "energy": 31.14946, "activity_lines": [ 4.993333, 5.141818, 5.255833, 5.252581 ] }, { "date": "2024-05-17", "close": 4.45, "volume": 2922, "typical_volume": 3985.9, "trend": 5.178333, "fair_value": 12.947917, "relative_strength": -31.916514, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.246572, "energy": 49.073893, "activity_lines": [ 4.796667, 4.984545, 5.176786, 5.20457 ] }, { "date": "2024-05-24", "close": 4.375, "volume": 2772, "typical_volume": 4108.5, "trend": 5.154167, "fair_value": 12.859936, "relative_strength": -31.741448, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.798341, "energy": 64.176337, "activity_lines": [ 4.621667, 4.839091, 5.095833, 5.152742 ] }, { "date": "2024-05-31", "close": 5.0, "volume": 13138, "typical_volume": 4740.25, "trend": 5.1875, "fair_value": 12.783013, "relative_strength": -20.002833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.051272, "energy": 51.864373, "activity_lines": [ 4.706667, 4.834091, 5.079048, 5.142796 ] }, { "date": "2024-06-07", "close": 5.05, "volume": 5983, "typical_volume": 5029.1, "trend": 5.199167, "fair_value": 12.704487, "relative_strength": -18.188482, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.321802, "energy": 46.910465, "activity_lines": [ 4.805, 4.853636, 5.06619, 5.133925 ] }, { "date": "2024-06-14", "close": 5.4, "volume": 7480, "typical_volume": 5355.15, "trend": 5.2025, "fair_value": 12.628846, "relative_strength": -8.839589, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.337957, "energy": 12.074213, "activity_lines": [ 5.026667, 4.939545, 5.085833, 5.146882 ] }, { "date": "2024-06-21", "close": 4.95, "volume": 2894, "typical_volume": 3371.8, "trend": 5.195833, "fair_value": 12.540705, "relative_strength": -15.989535, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.359547, "energy": 19.580283, "activity_lines": [ 5.058333, 4.94, 5.061429, 5.130591 ] }, { "date": "2024-06-28", "close": 5.3, "volume": 4342, "typical_volume": 3548.7, "trend": 5.200833, "fair_value": 12.429808, "relative_strength": -9.30318, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.936286, "energy": 17.381846, "activity_lines": [ 5.173333, 5.007727, 5.0725, 5.137312 ] }, { "date": "2024-07-05", "close": 5.0, "volume": 5272, "typical_volume": 3769.5, "trend": 5.1925, "fair_value": 12.313141, "relative_strength": -14.453737, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.011282, "energy": 16.465102, "activity_lines": [ 5.126667, 5.018182, 5.054762, 5.124355 ] }, { "date": "2024-07-12", "close": 5.3, "volume": 3698, "typical_volume": 3858.2, "trend": 5.1975, "fair_value": 12.196474, "relative_strength": -9.565796, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.546029, "energy": 7.887339, "activity_lines": [ 5.18, 5.082273, 5.067738, 5.13129 ] }, { "date": "2024-07-19", "close": 5.35, "volume": 992, "typical_volume": 3845.8, "trend": 5.1925, "fair_value": 12.076923, "relative_strength": -4.954975, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.028662, "energy": 12.683939, "activity_lines": [ 5.233333, 5.152727, 5.085476, 5.141129 ] }, { "date": "2024-07-26", "close": 4.95, "volume": 8802, "typical_volume": 3916.35, "trend": 5.1725, "fair_value": 11.95609, "relative_strength": -12.317216, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.989861, "energy": 9.112427, "activity_lines": [ 5.156667, 5.140455, 5.064881, 5.125484 ] }, { "date": "2024-08-02", "close": 4.875, "volume": 280, "typical_volume": 3840.35, "trend": 5.156667, "fair_value": 11.844391, "relative_strength": -9.072644, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.341266, "energy": 12.7896, "activity_lines": [ 5.055, 5.105455, 5.041429, 5.10629 ] }, { "date": "2024-08-09", "close": 4.75, "volume": 3232, "typical_volume": 3893.1, "trend": 5.154167, "fair_value": 11.741506, "relative_strength": -11.051527, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.423981, "energy": 21.403817, "activity_lines": [ 4.94, 5.038636, 5.010714, 5.080054 ] }, { "date": "2024-08-16", "close": 4.925, "volume": 1276, "typical_volume": 3819.8, "trend": 5.155833, "fair_value": 11.65, "relative_strength": -10.235335, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.970582, "energy": 21.310673, "activity_lines": [ 4.9, 5.008182, 5.001905, 5.065269 ] }, { "date": "2024-08-23", "close": 4.85, "volume": 123, "typical_volume": 3825.45, "trend": 5.145833, "fair_value": 11.561218, "relative_strength": -12.751478, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.581315, "energy": 31.596345, "activity_lines": [ 4.86, 4.966364, 4.987262, 5.045538 ] }, { "date": "2024-08-30", "close": 4.475, "volume": 2970, "typical_volume": 3860.45, "trend": 5.115, "fair_value": 11.464263, "relative_strength": -20.265634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.320285, "energy": 46.671853, "activity_lines": [ 4.728333, 4.866364, 4.938571, 5.002258 ] }, { "date": "2024-09-06", "close": 4.4, "volume": 1412, "typical_volume": 3874.45, "trend": 5.086667, "fair_value": 11.368109, "relative_strength": -18.628221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.950146, "energy": 51.890128, "activity_lines": [ 4.603333, 4.761364, 4.885952, 4.956129 ] }, { "date": "2024-09-13", "close": 4.35, "volume": 1400, "typical_volume": 3662.7, "trend": 5.05, "fair_value": 11.267788, "relative_strength": -20.962701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.212629, "energy": 57.272587, "activity_lines": [ 4.493333, 4.663636, 4.832143, 4.908602 ] }, { "date": "2024-09-20", "close": 4.35, "volume": 138, "typical_volume": 3586.35, "trend": 5.018333, "fair_value": 11.148878, "relative_strength": -20.821953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.818684, "energy": 63.225757, "activity_lines": [ 4.41, 4.577727, 4.78119, 4.863441 ] }, { "date": "2024-09-27", "close": 4.35, "volume": 361, "typical_volume": 3474.35, "trend": 4.986667, "fair_value": 11.043429, "relative_strength": -23.490892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.300851, "energy": 61.696443, "activity_lines": [ 4.365, 4.509091, 4.734048, 4.820323 ] }, { "date": "2024-10-04", "close": 4.125, "volume": 768, "typical_volume": 3366.65, "trend": 4.929167, "fair_value": 10.944231, "relative_strength": -25.248591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.210244, "energy": 64.323479, "activity_lines": [ 4.278333, 4.417727, 4.667619, 4.764731 ] }, { "date": "2024-10-11", "close": 4.25, "volume": 6403, "typical_volume": 3548.2, "trend": 4.875833, "fair_value": 10.842628, "relative_strength": -23.258562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.547434, "energy": 59.025271, "activity_lines": [ 4.256667, 4.364091, 4.614643, 4.720914 ] }, { "date": "2024-10-18", "close": 3.525, "volume": 4770, "typical_volume": 3129.8, "trend": 4.798333, "fair_value": 10.735096, "relative_strength": -36.613343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.321281, "energy": 75.14121, "activity_lines": [ 4.003333, 4.19, 4.493214, 4.633763 ] }, { "date": "2024-10-25", "close": 3.9, "volume": 14123, "typical_volume": 3536.8, "trend": 4.755, "fair_value": 10.628686, "relative_strength": -28.457646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.684243, "energy": 69.48191, "activity_lines": [ 3.93, 4.106364, 4.414524, 4.575806 ] }, { "date": "2024-11-01", "close": 3.775, "volume": 7748, "typical_volume": 3550.2, "trend": 4.7075, "fair_value": 10.520833, "relative_strength": -29.675461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.251783, "energy": 66.253119, "activity_lines": [ 3.845, 4.018636, 4.329405, 4.512581 ] }, { "date": "2024-11-08", "close": 4.05, "volume": 4386, "typical_volume": 3624.8, "trend": 4.670833, "fair_value": 10.419231, "relative_strength": -23.884213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.127705, "energy": 53.111142, "activity_lines": [ 3.89, 4.000455, 4.278214, 4.470161 ] }, { "date": "2024-11-15", "close": 3.675, "volume": 7692, "typical_volume": 3792.3, "trend": 4.621667, "fair_value": 10.31266, "relative_strength": -30.228888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.921627, "energy": 47.034055, "activity_lines": [ 3.815, 3.921818, 4.195595, 4.405914 ] }, { "date": "2024-11-22", "close": 3.55, "volume": 1228, "typical_volume": 3590.1, "trend": 4.575, "fair_value": 10.205288, "relative_strength": -32.33913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.445334, "energy": 48.625138, "activity_lines": [ 3.736667, 3.833636, 4.10881, 4.336774 ] }, { "date": "2024-11-29", "close": 3.525, "volume": 2122, "typical_volume": 3511.3, "trend": 4.520833, "fair_value": 10.099679, "relative_strength": -33.219804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.934781, "energy": 48.476003, "activity_lines": [ 3.648333, 3.755455, 4.026548, 4.269032 ] }, { "date": "2024-12-06", "close": 3.125, "volume": 1616, "typical_volume": 3542.5, "trend": 4.465, "fair_value": 9.994712, "relative_strength": -42.340107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.241966, "energy": 66.024252, "activity_lines": [ 3.451667, 3.619545, 3.914643, 4.178978 ] }, { "date": "2024-12-13", "close": 3.075, "volume": 1168, "typical_volume": 3160.8, "trend": 4.419167, "fair_value": 9.886859, "relative_strength": -42.671964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.845444, "energy": 73.406166, "activity_lines": [ 3.281667, 3.496818, 3.808571, 4.089301 ] }, { "date": "2024-12-20", "close": 3.45, "volume": 5235, "typical_volume": 3408.55, "trend": 4.388333, "fair_value": 9.78141, "relative_strength": -33.234336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.351689, "energy": 55.015581, "activity_lines": [ 3.301667, 3.461364, 3.747143, 4.026774 ] }, { "date": "2024-12-27", "close": 3.925, "volume": 1195, "typical_volume": 3306.7, "trend": 4.3525, "fair_value": 9.679647, "relative_strength": -23.658255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.028072, "energy": 38.591503, "activity_lines": [ 3.495, 3.526818, 3.737738, 3.996882 ] }, { "date": "2025-01-03", "close": 4.1, "volume": 2200, "typical_volume": 3352.9, "trend": 4.320833, "fair_value": 9.56234, "relative_strength": -19.238142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.091853, "energy": 17.854651, "activity_lines": [ 3.721667, 3.616818, 3.748929, 3.980591 ] }, { "date": "2025-01-10", "close": 3.6, "volume": 1005, "typical_volume": 3397.0, "trend": 4.260833, "fair_value": 9.452724, "relative_strength": -29.581985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.460922, "energy": 20.127332, "activity_lines": [ 3.743333, 3.612273, 3.716429, 3.934086 ] }, { "date": "2025-01-17", "close": 3.75, "volume": 1225, "typical_volume": 3309.75, "trend": 4.220833, "fair_value": 9.349199, "relative_strength": -28.438083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.154924, "energy": 20.178521, "activity_lines": [ 3.783333, 3.638182, 3.704167, 3.901129 ] }, { "date": "2025-01-24", "close": 3.8, "volume": 420, "typical_volume": 3260.15, "trend": 4.170833, "fair_value": 9.247917, "relative_strength": -28.458345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.721921, "energy": 16.863783, "activity_lines": [ 3.795, 3.678636, 3.700119, 3.873978 ] }, { "date": "2025-01-31", "close": 4.075, "volume": 422, "typical_volume": 3211.25, "trend": 4.14, "fair_value": 9.149038, "relative_strength": -23.692813, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.587293, "energy": 6.93298, "activity_lines": [ 3.875, 3.766818, 3.725119, 3.867796 ] }, { "date": "2025-02-07", "close": 3.575, "volume": 721, "typical_volume": 3240.4, "trend": 4.0825, "fair_value": 9.047596, "relative_strength": -32.452309, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.877912, "energy": 11.617894, "activity_lines": [ 3.778333, 3.754545, 3.70381, 3.831344 ] }, { "date": "2025-02-14", "close": 3.7, "volume": 4293, "typical_volume": 3437.0, "trend": 4.0275, "fair_value": 8.949519, "relative_strength": -31.51101, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.020149, "energy": 11.672166, "activity_lines": [ 3.758333, 3.764091, 3.698095, 3.806667 ] }, { "date": "2025-02-21", "close": 3.6, "volume": 119, "typical_volume": 3404.55, "trend": 3.9825, "fair_value": 8.858494, "relative_strength": -31.90786, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.760354, "energy": 15.484523, "activity_lines": [ 3.698333, 3.745, 3.685952, 3.779086 ] }, { "date": "2025-02-28", "close": 3.725, "volume": 2396, "typical_volume": 3204.2, "trend": 3.944167, "fair_value": 8.775321, "relative_strength": -29.605142, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.195064, "energy": 17.36287, "activity_lines": [ 3.69, 3.739091, 3.688214, 3.762473 ] }, { "date": "2025-03-07", "close": 3.85, "volume": 210, "typical_volume": 2976.2, "trend": 3.914167, "fair_value": 8.691026, "relative_strength": -27.735727, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.006731, "energy": 10.954918, "activity_lines": [ 3.728333, 3.750909, 3.704881, 3.756398 ] }, { "date": "2025-03-14", "close": 3.85, "volume": 0, "typical_volume": 2270.05, "trend": 3.878333, "fair_value": 8.602885, "relative_strength": -26.700302, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.073704, "energy": 5.901482, "activity_lines": [ 3.781667, 3.764091, 3.72, 3.752258 ] }, { "date": "2025-03-21", "close": 3.625, "volume": 682, "typical_volume": 1916.75, "trend": 3.8375, "fair_value": 8.520353, "relative_strength": -29.733446, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.000813, "energy": 8.673926, "activity_lines": [ 3.741667, 3.740909, 3.713929, 3.735914 ] }, { "date": "2025-03-28", "close": 3.675, "volume": 2305, "typical_volume": 1812.7, "trend": 3.810833, "fair_value": 8.441346, "relative_strength": -26.664197, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.241516, "energy": 11.016979, "activity_lines": [ 3.723333, 3.726364, 3.713333, 3.72543 ] }, { "date": "2025-04-04", "close": 3.675, "volume": 200, "typical_volume": 1438.1, "trend": 3.786667, "fair_value": 8.360417, "relative_strength": -19.448464, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.020813, "energy": 16.109325, "activity_lines": [ 3.7, 3.713182, 3.714524, 3.716667 ] }, { "date": "2025-04-11", "close": 4.0, "volume": 2089, "typical_volume": 1481.15, "trend": 3.775, "fair_value": 8.282212, "relative_strength": -10.465117, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.140726, "energy": 10.235523, "activity_lines": [ 3.788333, 3.761364, 3.746667, 3.73043 ] }, { "date": "2025-04-18", "close": 4.2, "volume": 2100, "typical_volume": 1480.05, "trend": 3.77, "fair_value": 8.209135, "relative_strength": -8.938761, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.650957, "energy": 36.510287, "activity_lines": [ 3.933333, 3.847273, 3.795714, 3.757849 ] }, { "date": "2025-04-25", "close": 4.2, "volume": 4, "typical_volume": 1399.45, "trend": 3.765, "fair_value": 8.136699, "relative_strength": -12.535042, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.045942, "energy": 56.734148, "activity_lines": [ 4.055, 3.921818, 3.841548, 3.785591 ] }, { "date": "2025-05-02", "close": 3.6, "volume": 1418, "typical_volume": 1411.95, "trend": 3.7475, "fair_value": 8.059776, "relative_strength": -26.924235, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.444013, "energy": 38.753868, "activity_lines": [ 3.938333, 3.878182, 3.825119, 3.774946 ] }, { "date": "2025-05-09", "close": 3.2, "volume": 13609, "typical_volume": 1830.65, "trend": 3.7125, "fair_value": 7.985417, "relative_strength": -35.489628, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.141156, "energy": 12.635758, "activity_lines": [ 3.693333, 3.761818, 3.768095, 3.739624 ] }, { "date": "2025-05-16", "close": 3.425, "volume": 200, "typical_volume": 1780.9, "trend": 3.709167, "fair_value": 7.917628, "relative_strength": -31.144174, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.516063, "energy": 25.965537, "activity_lines": [ 3.555, 3.695909, 3.73369, 3.721075 ] }, { "date": "2025-05-23", "close": 4.275, "volume": 3389, "typical_volume": 1840.35, "trend": 3.721667, "fair_value": 7.852724, "relative_strength": -13.130447, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.340735, "energy": 25.871958, "activity_lines": [ 3.738333, 3.792273, 3.782619, 3.757581 ] }, { "date": "2025-05-30", "close": 5.05, "volume": 23554, "typical_volume": 2967.8, "trend": 3.764167, "fair_value": 7.795994, "relative_strength": 1.606255, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 70.331787, "energy": 42.677185, "activity_lines": [ 4.175, 4.021818, 3.904524, 3.84328 ] }, { "date": "2025-06-06", "close": 5.25, "volume": 12121, "typical_volume": 3512.6, "trend": 3.804167, "fair_value": 7.740545, "relative_strength": 4.842416, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.644574, "energy": 73.998141, "activity_lines": [ 4.621667, 4.261818, 4.038571, 3.93914 ] }, { "date": "2025-06-13", "close": 4.85, "volume": 1907, "typical_volume": 3586.95, "trend": 3.843333, "fair_value": 7.686378, "relative_strength": 0.984277, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.823538, "energy": 71.900036, "activity_lines": [ 4.825, 4.400455, 4.127381, 4.006613 ] }, { "date": "2025-06-20", "close": 5.0, "volume": 296, "typical_volume": 3580.65, "trend": 3.891667, "fair_value": 7.632532, "relative_strength": 5.425888, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.515, "energy": 75.938262, "activity_lines": [ 4.968333, 4.545, 4.225476, 4.081237 ] }, { "date": "2025-06-27", "close": 4.85, "volume": 459, "typical_volume": 3567.55, "trend": 3.935833, "fair_value": 7.577083, "relative_strength": 0.201143, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.307681, "energy": 70.630232, "activity_lines": [ 4.956667, 4.644091, 4.304881, 4.143065 ] }, { "date": "2025-07-04", "close": 4.6, "volume": 2819, "typical_volume": 3493.85, "trend": 3.985, "fair_value": 7.516186, "relative_strength": -3.268432, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.587046, "energy": 40.990521, "activity_lines": [ 4.823333, 4.685909, 4.354405, 4.185914 ] }, { "date": "2025-07-11", "close": 5.1, "volume": 1413, "typical_volume": 3558.55, "trend": 4.0525, "fair_value": 7.455288, "relative_strength": 5.915168, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.686009, "energy": 42.023863, "activity_lines": [ 4.886667, 4.811364, 4.447262, 4.257849 ] }, { "date": "2025-07-18", "close": 5.15, "volume": 3223, "typical_volume": 3599.9, "trend": 4.109167, "fair_value": 7.390224, "relative_strength": 7.662174, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.106432, "energy": 40.821503, "activity_lines": [ 4.976667, 4.918636, 4.537738, 4.328656 ] }, { "date": "2025-07-25", "close": 5.05, "volume": 1087, "typical_volume": 3643.75, "trend": 4.146667, "fair_value": 7.329006, "relative_strength": 6.512093, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.702021, "energy": 38.244411, "activity_lines": [ 5.013333, 4.972273, 4.611905, 4.389355 ] }, { "date": "2025-08-01", "close": 4.55, "volume": 3631, "typical_volume": 3825.3, "trend": 4.161667, "fair_value": 7.254968, "relative_strength": 0.012501, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.59993, "energy": 30.15141, "activity_lines": [ 4.88, 4.905455, 4.632738, 4.415376 ] }, { "date": "2025-08-08", "close": 4.6, "volume": 2434, "typical_volume": 3912.9, "trend": 4.195, "fair_value": 7.159455, "relative_strength": -1.212536, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.18606, "energy": 22.438584, "activity_lines": [ 4.783333, 4.842727, 4.655, 4.443656 ] }, { "date": "2025-08-15", "close": 4.775, "volume": 30, "typical_volume": 3799.15, "trend": 4.229167, "fair_value": 7.081731, "relative_strength": 2.46281, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.886252, "energy": 17.255724, "activity_lines": [ 4.745, 4.82, 4.689286, 4.481075 ] }, { "date": "2025-08-22", "close": 4.9, "volume": 718, "typical_volume": 3825.05, "trend": 4.265833, "fair_value": 7.001603, "relative_strength": 5.757708, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.884662, "energy": 19.279487, "activity_lines": [ 4.77, 4.828636, 4.730238, 4.524355 ] }, { "date": "2025-08-29", "close": 4.6, "volume": 400, "typical_volume": 3740.6, "trend": 4.283333, "fair_value": 6.920192, "relative_strength": 1.651803, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.628016, "energy": 17.87012, "activity_lines": [ 4.711667, 4.781818, 4.736786, 4.545914 ] }, { "date": "2025-09-05", "close": 4.5, "volume": 1215, "typical_volume": 3696.35, "trend": 4.314167, "fair_value": 6.848397, "relative_strength": 1.23947, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.611799, "energy": 10.592542, "activity_lines": [ 4.65, 4.724091, 4.730952, 4.559892 ] }, { "date": "2025-09-12", "close": 4.65, "volume": 260, "typical_volume": 3709.15, "trend": 4.345833, "fair_value": 6.775, "relative_strength": 4.556162, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.803902, "energy": 11.735542, "activity_lines": [ 4.641667, 4.7, 4.737976, 4.581559 ] }, { "date": "2025-09-19", "close": 4.8, "volume": 466, "typical_volume": 3661.55, "trend": 4.385833, "fair_value": 6.704487, "relative_strength": 8.523195, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.578622, "energy": 13.418537, "activity_lines": [ 4.68, 4.702273, 4.757143, 4.61086 ] }, { "date": "2025-09-26", "close": 4.825, "volume": 908, "typical_volume": 3026.5, "trend": 4.4225, "fair_value": 6.63734, "relative_strength": 8.853847, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.656316, "energy": 17.045148, "activity_lines": [ 4.725, 4.714545, 4.772976, 4.639194 ] }, { "date": "2025-10-03", "close": 4.65, "volume": 535, "typical_volume": 3043.25, "trend": 4.449167, "fair_value": 6.561378, "relative_strength": 2.418279, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.466607, "energy": 16.375552, "activity_lines": [ 4.716667, 4.700909, 4.764405, 4.653871 ] }, { "date": "2025-10-10", "close": 4.1, "volume": 2288, "typical_volume": 2988.2, "trend": 4.4575, "fair_value": 6.481891, "relative_strength": -8.710535, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -12.542599, "energy": 14.830486, "activity_lines": [ 4.521667, 4.594545, 4.697619, 4.631344 ] }, { "date": "2025-10-17", "close": 4.15, "volume": 1170, "typical_volume": 1869.0, "trend": 4.475, "fair_value": 6.402083, "relative_strength": -5.955125, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.124339, "energy": 39.057564, "activity_lines": [ 4.37, 4.505455, 4.636429, 4.611505 ] }, { "date": "2025-10-24", "close": 4.15, "volume": 24, "typical_volume": 1264.15, "trend": 4.490833, "fair_value": 6.327404, "relative_strength": -7.260623, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.149296, "energy": 54.164316, "activity_lines": [ 4.251667, 4.424545, 4.579524, 4.590538 ] }, { "date": "2025-10-31", "close": 3.9, "volume": 802, "typical_volume": 1208.9, "trend": 4.498333, "fair_value": 6.25625, "relative_strength": -11.516333, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.094956, "energy": 69.587228, "activity_lines": [ 4.093333, 4.309545, 4.504048, 4.552419 ] }, { "date": "2025-11-07", "close": 3.85, "volume": 254, "typical_volume": 1206.8, "trend": 4.493333, "fair_value": 6.181571, "relative_strength": -10.769219, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.886206, "energy": 73.730684, "activity_lines": [ 3.98, 4.203636, 4.428333, 4.510591 ] }, { "date": "2025-11-14", "close": 3.9, "volume": 2536, "typical_volume": 1310.65, "trend": 4.483333, "fair_value": 6.107853, "relative_strength": -10.508189, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.274748, "energy": 78.390381, "activity_lines": [ 3.936667, 4.120455, 4.362857, 4.472312 ] }, { "date": "2025-11-21", "close": 4.25, "volume": 1646, "typical_volume": 1252.0, "trend": 4.485, "fair_value": 6.039583, "relative_strength": 0.833598, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.607817, "energy": 57.043846, "activity_lines": [ 4.023333, 4.111818, 4.335238, 4.457258 ] }, { "date": "2025-11-28", "close": 4.775, "volume": 5292, "typical_volume": 1445.95, "trend": 4.524167, "fair_value": 5.968269, "relative_strength": 9.5101, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.3212, "energy": 16.654185, "activity_lines": [ 4.278333, 4.205909, 4.359286, 4.475968 ] }, { "date": "2025-12-05", "close": 4.7, "volume": 264, "typical_volume": 1298.0, "trend": 4.574167, "fair_value": 5.90609, "relative_strength": 6.458203, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.841819, "energy": 18.10632, "activity_lines": [ 4.466667, 4.286818, 4.377738, 4.487312 ] }, { "date": "2025-12-12", "close": 4.1, "volume": 1627, "typical_volume": 1325.0, "trend": 4.596667, "fair_value": 5.840064, "relative_strength": -7.921632, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.871965, "energy": 24.790193, "activity_lines": [ 4.401667, 4.260909, 4.34119, 4.45672 ] }, { "date": "2025-12-19", "close": 4.1, "volume": 58, "typical_volume": 1146.35, "trend": 4.590833, "fair_value": 5.772756, "relative_strength": -8.262987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.280306, "energy": 22.236563, "activity_lines": [ 4.32, 4.245, 4.309167, 4.424677 ] }, { "date": "2025-12-26", "close": 4.075, "volume": 1033, "typical_volume": 1076.3, "trend": 4.558333, "fair_value": 5.711699, "relative_strength": -8.739435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.865443, "energy": 24.717954, "activity_lines": [ 4.216667, 4.224545, 4.276905, 4.391398 ] }, { "date": "2026-01-02", "close": 3.9, "volume": 730, "typical_volume": 1111.3, "trend": 4.513333, "fair_value": 5.652083, "relative_strength": -12.938589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.187181, "energy": 46.184292, "activity_lines": [ 4.066667, 4.173636, 4.230476, 4.348925 ] }, { "date": "2026-01-09", "close": 4.2, "volume": 829, "typical_volume": 1116.85, "trend": 4.491667, "fair_value": 5.60016, "relative_strength": -8.80875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.113377, "energy": 41.618631, "activity_lines": [ 4.075, 4.181818, 4.216786, 4.32871 ] }, { "date": "2026-01-16", "close": 4.0, "volume": 1602, "typical_volume": 1176.95, "trend": 4.458333, "fair_value": 5.545032, "relative_strength": -13.077967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.19971, "energy": 42.730107, "activity_lines": [ 4.05, 4.148182, 4.187381, 4.296989 ] }, { "date": "2026-01-23", "close": 3.925, "volume": 1908, "typical_volume": 1211.6, "trend": 4.4275, "fair_value": 5.49391, "relative_strength": -13.166435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.033377, "energy": 43.713054, "activity_lines": [ 4.006667, 4.098182, 4.15369, 4.262581 ] }, { "date": "2026-01-30", "close": 3.85, "volume": 1199, "typical_volume": 1258.55, "trend": 4.4025, "fair_value": 5.435897, "relative_strength": -13.288267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.034479, "energy": 34.603784, "activity_lines": [ 3.95, 4.034091, 4.115595, 4.225323 ] }, { "date": "2026-02-06", "close": 3.25, "volume": 15148, "typical_volume": 1992.65, "trend": 4.340833, "fair_value": 5.374038, "relative_strength": -27.089788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.453081, "energy": 55.556161, "activity_lines": [ 3.708333, 3.868182, 4.024167, 4.150968 ] }, { "date": "2026-02-13", "close": 2.875, "volume": 1103, "typical_volume": 2002.4, "trend": 4.265, "fair_value": 5.311699, "relative_strength": -35.667327, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.178145, "energy": 74.506815, "activity_lines": [ 3.385, 3.661818, 3.904405, 4.056398 ] }, { "date": "2026-02-20", "close": 2.825, "volume": 7524, "typical_volume": 2351.85, "trend": 4.190833, "fair_value": 5.247756, "relative_strength": -37.317584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.001786, "energy": 82.785043, "activity_lines": [ 3.133333, 3.479545, 3.789167, 3.963495 ] }, { "date": "2026-02-27", "close": 2.8, "volume": 3346, "typical_volume": 2404.75, "trend": 4.1325, "fair_value": 5.1875, "relative_strength": -37.563858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.292199, "energy": 85.384915, "activity_lines": [ 2.951667, 3.315909, 3.680238, 3.873763 ] }, { "date": "2026-03-06", "close": 2.75, "volume": 2875, "typical_volume": 2490.0, "trend": 4.070833, "fair_value": 5.13141, "relative_strength": -33.913813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.820505, "energy": 81.24119, "activity_lines": [ 2.828333, 3.166818, 3.572738, 3.78457 ] }, { "date": "2026-03-13", "close": 2.75, "volume": 1403, "typical_volume": 2558.95, "trend": 4.003333, "fair_value": 5.076603, "relative_strength": -33.14275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.348518, "energy": 77.299619, "activity_lines": [ 2.778333, 3.041818, 3.471905, 3.699355 ] }, { "date": "2026-03-20", "close": 2.775, "volume": 367, "typical_volume": 2537.2, "trend": 3.9325, "fair_value": 5.022596, "relative_strength": -29.050938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.303579, "energy": 54.929297, "activity_lines": [ 2.77, 2.942273, 3.380119, 3.620108 ] }, { "date": "2026-03-27", "close": 3.025, "volume": 5417, "typical_volume": 2795.35, "trend": 3.88, "fair_value": 4.970192, "relative_strength": -22.144026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.205757, "energy": 46.559081, "activity_lines": [ 2.851667, 2.914091, 3.3175, 3.561559 ] }, { "date": "2026-04-03", "close": 3.2, "volume": 1170, "typical_volume": 2727.05, "trend": 3.836667, "fair_value": 4.913141, "relative_strength": -20.372396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.820883, "energy": 33.670129, "activity_lines": [ 2.978333, 2.935455, 3.275476, 3.517688 ] }, { "date": "2026-04-10", "close": 3.225, "volume": 803, "typical_volume": 2684.9, "trend": 3.789167, "fair_value": 4.861378, "relative_strength": -21.363532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.081246, "energy": 24.943167, "activity_lines": [ 3.086667, 2.974545, 3.239167, 3.478226 ] }, { "date": "2026-04-17", "close": 3.075, "volume": 533, "typical_volume": 2446.95, "trend": 3.731667, "fair_value": 4.808654, "relative_strength": -27.149348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.838613, "energy": 19.963509, "activity_lines": [ 3.113333, 2.997727, 3.193452, 3.432151 ] }, { "date": "2026-04-24", "close": 2.9, "volume": 7976, "typical_volume": 2832.55, "trend": 3.6675, "fair_value": 4.759295, "relative_strength": -29.115435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.409013, "energy": 20.708184, "activity_lines": [ 3.06, 2.992273, 3.139167, 3.378495 ] }, { "date": "2026-05-01", "close": 3.55, "volume": 3739, "typical_volume": 2938.15, "trend": 3.630833, "fair_value": 4.71891, "relative_strength": -13.715296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.328576, "energy": 13.239068, "activity_lines": [ 3.215, 3.104545, 3.155357, 3.370914 ] }, { "date": "2026-05-08", "close": 3.85, "volume": 4988, "typical_volume": 3184.65, "trend": 3.6225, "fair_value": 4.684936, "relative_strength": -6.834293, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.204756, "energy": 10.795692, "activity_lines": [ 3.435, 3.258182, 3.202738, 3.385054 ] }, { "date": "2026-05-15", "close": 3.975, "volume": 4159, "typical_volume": 3340.95, "trend": 3.616667, "fair_value": 4.659455, "relative_strength": -2.492344, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.678851, "energy": 27.136704, "activity_lines": [ 3.653333, 3.415455, 3.263214, 3.407796 ] }, { "date": "2026-05-22", "close": 3.725, "volume": 2846, "typical_volume": 3446.75, "trend": 3.6025, "fair_value": 4.624359, "relative_strength": -11.757046, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.091204, "energy": 29.824798, "activity_lines": [ 3.738333, 3.505, 3.300357, 3.414785 ] }, { "date": "2026-05-29", "close": 3.25, "volume": 1229, "typical_volume": 3466.75, "trend": 3.580833, "fair_value": 4.590705, "relative_strength": -22.965024, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.603788, "energy": 23.19792, "activity_lines": [ 3.621667, 3.490455, 3.293095, 3.392043 ] }, { "date": "2026-06-05", "close": 3.375, "volume": 207, "typical_volume": 3397.0, "trend": 3.565, "fair_value": 4.556571, "relative_strength": -18.138761, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -7.774596, "energy": 11.454041, "activity_lines": [ 3.523333, 3.49, 3.302262, 3.378763 ] }, { "date": "2026-06-12", "close": 3.1, "volume": 1811, "typical_volume": 3392.15, "trend": 3.538333, "fair_value": 4.525481, "relative_strength": -23.72294, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.453976, "energy": 18.40244, "activity_lines": [ 3.345, 3.433182, 3.288214, 3.348763 ] }, { "date": "2026-06-19", "close": 3.15, "volume": 816, "typical_volume": 3373.0, "trend": 3.501667, "fair_value": 4.493429, "relative_strength": -22.78743, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.266824, "energy": 24.462736, "activity_lines": [ 3.233333, 3.387273, 3.282857, 3.32371 ] }, { "date": "2026-06-26", "close": 2.95, "volume": 527, "typical_volume": 2641.95, "trend": 3.440833, "fair_value": 4.461058, "relative_strength": -26.051538, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.887414, "energy": 29.265999, "activity_lines": [ 3.11, 3.306364, 3.261786, 3.288118 ] }, { "date": "2026-07-03", "close": 2.975, "volume": 1419, "typical_volume": 2657.75, "trend": 3.383333, "fair_value": 4.431731, "relative_strength": -27.962305, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.091825, "energy": 32.879328, "activity_lines": [ 3.046667, 3.232273, 3.244524, 3.258065 ] }, { "date": "2026-07-10", "close": 3.075, "volume": 4703, "typical_volume": 2516.7, "trend": 3.349167, "fair_value": 4.402083, "relative_strength": -22.611558, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.288991, "energy": 32.38429, "activity_lines": [ 3.035, 3.175, 3.23631, 3.238172 ] }, { "date": "2026-07-17", "close": 3.4, "volume": 2148, "typical_volume": 2456.8, "trend": 3.325833, "fair_value": 4.378045, "relative_strength": -12.824391, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.128431, "energy": 16.672084, "activity_lines": [ 3.151667, 3.185455, 3.257857, 3.241452 ] }, { "date": "2026-07-24", "close": 2.9, "volume": 7290, "typical_volume": 2677.55, "trend": 3.286667, "fair_value": 4.350481, "relative_strength": -25.591228, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.230134, "energy": 21.10611, "activity_lines": [ 3.081667, 3.113182, 3.228929, 3.213978 ] }, { "date": "2026-07-31", "close": 3.275, "volume": 7851, "typical_volume": 2999.95, "trend": 3.265833, "fair_value": 4.327564, "relative_strength": -17.025109, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.463132, "energy": 9.279073, "activity_lines": [ 3.153333, 3.128636, 3.235, 3.213226 ] }, { "date": "2026-08-07", "close": 2.9, "volume": 2631, "typical_volume": 3113.15, "trend": 3.2225, "fair_value": 4.307051, "relative_strength": -27.729165, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.108385, "energy": 17.667377, "activity_lines": [ 3.078333, 3.084091, 3.202857, 3.189624 ] } ], "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." } } }