{ "ticker": { "uuid": "0a8abcce-61a9-4bf0-a299-34af32751427", "symbol": "WRN", "name": "Western Copper and Gold Corporation", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.129, "architecture_energy": 46.409, "architecture_maturity": 32.495, "architecture_confidence": 92.945, "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": 14.09, "rotation_up": 19.57, "upward_expansion": 6.31, "deceleration": 55.23, "rotation_down": 57.4, "downward_expansion": 79.64 }, "activity_lines": [ 3.084667, 3.127091, 3.36081, 3.505613 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.666667 }, "latest_close": 3.35, "trend_reference": 3.761333, "distance_from_trend": -0.109358, "trend_direction": "Weakening", "fair_value": 2.262051, "distance_from_fair_value": 0.480957, "fair_value_direction": "Weakening", "relative_strength": -12.31937, "relative_strength_direction": "Weakening", "price_momentum": -0.23341, "excess_performance": -0.353831, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.109358, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.026234, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.480957, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.467593, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.123194, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.395556, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.23341, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.451431, "read": "Supply-led" } ], "volume": { "latest": 1150100, "relative_activity": 0.668476, "balance": 0.451431, "dry_up": 1.259067, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.108611, "annualized_volatility": 0.610459, "from_high_reference": -0.416376, "from_low_reference": 1.005988 }, "levels": { "trend_reference": 3.761333, "fair_value_reference": 2.262051, "structural_low": 2.8, "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": 23, "median_return": -0.017341, "positive_rate": 0.478261, "directional_follow_through": 0.521739, "median_excess_return": -0.016454, "regime_survival": 0.695652, "best_return": 0.366667, "worst_return": -0.2, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.092593, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.012951, "regime_survival": 0.444444, "best_return": 0.351351, "worst_return": -0.154255, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.059371, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.035383, "regime_survival": 0.333333, "best_return": 0.515152, "worst_return": -0.204651, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.067326, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.030221, "regime_survival": 0.5, "best_return": 1.582781, "worst_return": -0.121387, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-22", "end": "2024-04-05", "tenure": "New", "return": 0.014634, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-12", "end": "2024-05-31", "tenure": "Developing", "return": -0.133333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-07", "end": "2024-06-14", "tenure": "New", "return": 0.056604, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-21", "end": "2024-08-09", "tenure": "Developing", "return": -0.157895, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2024-09-27", "tenure": "Developing", "return": 0.055556, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-12-20", "tenure": "Developing", "return": -0.10241, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-01-03", "tenure": "New", "return": 0.046358, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": -0.124224, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-03-21", "tenure": "Developing", "return": 0.06, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-06-13", "tenure": "Developing", "return": 0.114458, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2026-02-20", "tenure": "Extended", "return": 1.654545, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-05-08", "tenure": "Developing", "return": -0.104478, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-12", "tenure": "Developing", "return": -0.112565, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.012085, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.92, "volume": 185300, "typical_volume": 235090.0, "trend": 2.207, "fair_value": 2.034295, "relative_strength": -9.671698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.630446, "energy": 67.890296, "activity_lines": [ 1.949333, 1.999273, 2.07181, 2.140237 ] }, { "date": "2023-08-25", "close": 2.05, "volume": 275400, "typical_volume": 232610.0, "trend": 2.193667, "fair_value": 2.037308, "relative_strength": -3.895139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.433179, "energy": 54.039352, "activity_lines": [ 1.972, 2.003273, 2.061333, 2.130108 ] }, { "date": "2023-09-01", "close": 1.99, "volume": 189400, "typical_volume": 210590.0, "trend": 2.181667, "fair_value": 2.039615, "relative_strength": -10.085753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.334531, "energy": 39.38653, "activity_lines": [ 1.979333, 1.997455, 2.047, 2.116968 ] }, { "date": "2023-09-08", "close": 1.87, "volume": 118800, "typical_volume": 199295.0, "trend": 2.173, "fair_value": 2.040064, "relative_strength": -13.598293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.43962, "energy": 43.362416, "activity_lines": [ 1.949333, 1.970909, 2.024238, 2.09686 ] }, { "date": "2023-09-15", "close": 1.99, "volume": 154400, "typical_volume": 198590.0, "trend": 2.169667, "fair_value": 2.040641, "relative_strength": -10.701303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.903231, "energy": 31.994226, "activity_lines": [ 1.961333, 1.969273, 2.015048, 2.085054 ] }, { "date": "2023-09-22", "close": 1.9, "volume": 200400, "typical_volume": 200000.0, "trend": 2.166333, "fair_value": 2.042436, "relative_strength": -11.224865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.990145, "energy": 38.378891, "activity_lines": [ 1.94, 1.951636, 1.99881, 2.067656 ] }, { "date": "2023-09-29", "close": 1.86, "volume": 154700, "typical_volume": 201310.0, "trend": 2.149, "fair_value": 2.044872, "relative_strength": -12.036971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.275565, "energy": 42.042103, "activity_lines": [ 1.906667, 1.931455, 1.981048, 2.047892 ] }, { "date": "2023-10-06", "close": 1.73, "volume": 427300, "typical_volume": 217660.0, "trend": 2.129667, "fair_value": 2.045833, "relative_strength": -16.834905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.749012, "energy": 54.38238, "activity_lines": [ 1.842667, 1.892364, 1.952714, 2.02086 ] }, { "date": "2023-10-13", "close": 1.7, "volume": 130800, "typical_volume": 213595.0, "trend": 2.107, "fair_value": 2.046795, "relative_strength": -19.038632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.606541, "energy": 72.537542, "activity_lines": [ 1.786, 1.853273, 1.923905, 1.99314 ] }, { "date": "2023-10-20", "close": 1.76, "volume": 175500, "typical_volume": 202470.0, "trend": 2.083667, "fair_value": 2.048269, "relative_strength": -14.56672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.390558, "energy": 68.976982, "activity_lines": [ 1.760667, 1.828727, 1.902619, 1.970753 ] }, { "date": "2023-10-27", "close": 1.73, "volume": 73600, "typical_volume": 197750.0, "trend": 2.059333, "fair_value": 2.049808, "relative_strength": -14.318342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.619391, "energy": 69.714817, "activity_lines": [ 1.740667, 1.802, 1.880333, 1.947935 ] }, { "date": "2023-11-03", "close": 1.73, "volume": 92800, "typical_volume": 192845.0, "trend": 2.035667, "fair_value": 2.051859, "relative_strength": -18.934578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.504438, "energy": 61.345889, "activity_lines": [ 1.732, 1.778727, 1.860048, 1.926688 ] }, { "date": "2023-11-10", "close": 1.68, "volume": 111100, "typical_volume": 193515.0, "trend": 2.004333, "fair_value": 2.053013, "relative_strength": -20.38926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.489418, "energy": 51.959645, "activity_lines": [ 1.715333, 1.752182, 1.83681, 1.903742 ] }, { "date": "2023-11-17", "close": 1.74, "volume": 178000, "typical_volume": 193515.0, "trend": 1.985, "fair_value": 2.054872, "relative_strength": -19.346192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.61374, "energy": 45.380697, "activity_lines": [ 1.722, 1.742182, 1.821048, 1.886688 ] }, { "date": "2023-11-24", "close": 1.7, "volume": 234400, "typical_volume": 201335.0, "trend": 1.964667, "fair_value": 2.055641, "relative_strength": -20.644887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.338348, "energy": 44.876265, "activity_lines": [ 1.712667, 1.727273, 1.802905, 1.868301 ] }, { "date": "2023-12-01", "close": 1.77, "volume": 336900, "typical_volume": 201670.0, "trend": 1.944333, "fair_value": 2.056731, "relative_strength": -18.411513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.571274, "energy": 33.543953, "activity_lines": [ 1.730667, 1.730364, 1.792905, 1.855742 ] }, { "date": "2023-12-08", "close": 1.71, "volume": 216200, "typical_volume": 204910.0, "trend": 1.926667, "fair_value": 2.056667, "relative_strength": -20.167926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.554431, "energy": 31.209757, "activity_lines": [ 1.726, 1.724909, 1.779048, 1.840624 ] }, { "date": "2023-12-15", "close": 1.83, "volume": 447700, "typical_volume": 216500.0, "trend": 1.913333, "fair_value": 2.057949, "relative_strength": -14.871502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.464166, "energy": 21.653303, "activity_lines": [ 1.762667, 1.744, 1.778571, 1.834387 ] }, { "date": "2023-12-22", "close": 1.85, "volume": 283300, "typical_volume": 214460.0, "trend": 1.905667, "fair_value": 2.059615, "relative_strength": -14.853335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.608949, "energy": 16.510729, "activity_lines": [ 1.796, 1.764909, 1.780952, 1.830301 ] }, { "date": "2023-12-29", "close": 1.75, "volume": 114800, "typical_volume": 205040.0, "trend": 1.892333, "fair_value": 2.060769, "relative_strength": -19.142457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.679465, "energy": 17.100716, "activity_lines": [ 1.788667, 1.764909, 1.774048, 1.820258 ] }, { "date": "2024-01-05", "close": 1.79, "volume": 66300, "typical_volume": 199090.0, "trend": 1.880333, "fair_value": 2.062051, "relative_strength": -16.540673, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.710747, "energy": 13.456333, "activity_lines": [ 1.791333, 1.772364, 1.771857, 1.813656 ] }, { "date": "2024-01-12", "close": 1.73, "volume": 140700, "typical_volume": 192355.0, "trend": 1.867667, "fair_value": 2.063462, "relative_strength": -18.873114, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.897177, "energy": 13.263589, "activity_lines": [ 1.772667, 1.767818, 1.764571, 1.803957 ] }, { "date": "2024-01-19", "close": 1.48, "volume": 431000, "typical_volume": 204435.0, "trend": 1.848667, "fair_value": 2.062949, "relative_strength": -29.637651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.727892, "energy": 55.765224, "activity_lines": [ 1.669333, 1.717818, 1.735, 1.778946 ] }, { "date": "2024-01-26", "close": 1.47, "volume": 199500, "typical_volume": 208470.0, "trend": 1.829667, "fair_value": 2.062885, "relative_strength": -30.187185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.403955, "energy": 71.248123, "activity_lines": [ 1.586, 1.669636, 1.706905, 1.754516 ] }, { "date": "2024-02-02", "close": 1.46, "volume": 248100, "typical_volume": 213155.0, "trend": 1.811333, "fair_value": 2.062372, "relative_strength": -29.935586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.464904, "energy": 77.51475, "activity_lines": [ 1.524667, 1.624545, 1.679762, 1.730667 ] }, { "date": "2024-02-09", "close": 1.41, "volume": 119000, "typical_volume": 209085.0, "trend": 1.786333, "fair_value": 2.060449, "relative_strength": -31.609809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.199015, "energy": 81.882292, "activity_lines": [ 1.466, 1.574727, 1.650381, 1.704774 ] }, { "date": "2024-02-16", "close": 1.34, "volume": 309700, "typical_volume": 216835.0, "trend": 1.760333, "fair_value": 2.055769, "relative_strength": -35.264632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.781793, "energy": 83.934624, "activity_lines": [ 1.409333, 1.518727, 1.616667, 1.675978 ] }, { "date": "2024-02-23", "close": 1.5, "volume": 320000, "typical_volume": 211470.0, "trend": 1.742667, "fair_value": 2.052372, "relative_strength": -27.656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.897207, "energy": 65.502032, "activity_lines": [ 1.432, 1.498545, 1.600667, 1.659183 ] }, { "date": "2024-03-01", "close": 1.74, "volume": 333100, "typical_volume": 221585.0, "trend": 1.737333, "fair_value": 2.052564, "relative_strength": -16.040962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.834792, "energy": 28.298734, "activity_lines": [ 1.533333, 1.528, 1.608619, 1.659011 ] }, { "date": "2024-03-08", "close": 1.88, "volume": 270700, "typical_volume": 226345.0, "trend": 1.735333, "fair_value": 2.053141, "relative_strength": -9.509229, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.444732, "energy": 12.318582, "activity_lines": [ 1.663333, 1.584909, 1.629714, 1.668215 ] }, { "date": "2024-03-15", "close": 2.04, "volume": 509400, "typical_volume": 248135.0, "trend": 1.739333, "fair_value": 2.054679, "relative_strength": -1.728715, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 38.708139, "energy": 39.764268, "activity_lines": [ 1.818667, 1.668545, 1.665476, 1.687871 ] }, { "date": "2024-03-22", "close": 2.05, "volume": 844500, "typical_volume": 285720.0, "trend": 1.739333, "fair_value": 2.057244, "relative_strength": -1.195104, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.748724, "energy": 45.723371, "activity_lines": [ 1.935333, 1.749455, 1.700714, 1.707914 ] }, { "date": "2024-03-29", "close": 2.07, "volume": 375100, "typical_volume": 298920.0, "trend": 1.742, "fair_value": 2.060192, "relative_strength": -0.46605, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.634541, "energy": 69.569391, "activity_lines": [ 2.011333, 1.828182, 1.736333, 1.729247 ] }, { "date": "2024-04-05", "close": 2.08, "volume": 524200, "typical_volume": 316230.0, "trend": 1.749, "fair_value": 2.063397, "relative_strength": 0.139451, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.372639, "energy": 79.818358, "activity_lines": [ 2.052667, 1.898, 1.771048, 1.751054 ] }, { "date": "2024-04-12", "close": 2.1, "volume": 977600, "typical_volume": 353390.0, "trend": 1.752667, "fair_value": 2.066603, "relative_strength": 3.454611, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.009428, "energy": 75.796973, "activity_lines": [ 2.078, 1.960364, 1.806048, 1.773699 ] }, { "date": "2024-04-19", "close": 1.96, "volume": 1173900, "typical_volume": 395240.0, "trend": 1.754667, "fair_value": 2.068333, "relative_strength": -2.582916, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.405179, "energy": 57.06153, "activity_lines": [ 2.042, 1.985636, 1.82581, 1.787075 ] }, { "date": "2024-04-26", "close": 2.15, "volume": 1194400, "typical_volume": 444150.0, "trend": 1.764333, "fair_value": 2.070705, "relative_strength": 6.385644, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.273165, "energy": 51.883032, "activity_lines": [ 2.074667, 2.035455, 1.862762, 1.812581 ] }, { "date": "2024-05-03", "close": 2.0, "volume": 867600, "typical_volume": 465145.0, "trend": 1.773333, "fair_value": 2.070321, "relative_strength": -0.423452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.455488, "energy": 41.340726, "activity_lines": [ 2.050667, 2.043273, 1.883333, 1.827785 ] }, { "date": "2024-05-10", "close": 2.01, "volume": 924900, "typical_volume": 497225.0, "trend": 1.783667, "fair_value": 2.070449, "relative_strength": -1.140028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.382788, "energy": 31.774518, "activity_lines": [ 2.034667, 2.043818, 1.904048, 1.843054 ] }, { "date": "2024-05-17", "close": 2.09, "volume": 2461000, "typical_volume": 614535.0, "trend": 1.794667, "fair_value": 2.068077, "relative_strength": 2.436207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.604833, "energy": 34.087716, "activity_lines": [ 2.05, 2.054, 1.931619, 1.862817 ] }, { "date": "2024-05-24", "close": 1.9, "volume": 787300, "typical_volume": 650585.0, "trend": 1.800333, "fair_value": 2.060128, "relative_strength": -5.888826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.769697, "energy": 21.959222, "activity_lines": [ 2.002667, 2.025818, 1.939476, 1.869613 ] }, { "date": "2024-05-31", "close": 1.82, "volume": 1385200, "typical_volume": 712810.0, "trend": 1.803333, "fair_value": 2.052628, "relative_strength": -9.146412, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.633588, "energy": 16.751533, "activity_lines": [ 1.932667, 1.985636, 1.93919, 1.870882 ] }, { "date": "2024-06-07", "close": 1.59, "volume": 1367600, "typical_volume": 759640.0, "trend": 1.800333, "fair_value": 2.044487, "relative_strength": -19.062579, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -11.944547, "energy": 20.122312, "activity_lines": [ 1.808, 1.907818, 1.916571, 1.857118 ] }, { "date": "2024-06-14", "close": 1.68, "volume": 631900, "typical_volume": 781260.0, "trend": 1.798333, "fair_value": 2.038846, "relative_strength": -12.499583, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.199399, "energy": 33.64911, "activity_lines": [ 1.740667, 1.855091, 1.902, 1.849355 ] }, { "date": "2024-06-21", "close": 1.71, "volume": 480800, "typical_volume": 792895.0, "trend": 1.798667, "fair_value": 2.033718, "relative_strength": -10.077788, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.504725, "energy": 44.917526, "activity_lines": [ 1.705333, 1.815091, 1.889286, 1.843656 ] }, { "date": "2024-06-28", "close": 1.56, "volume": 855500, "typical_volume": 829720.0, "trend": 1.791667, "fair_value": 2.027051, "relative_strength": -18.63876, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.784624, "energy": 59.02965, "activity_lines": [ 1.645333, 1.754909, 1.861095, 1.828258 ] }, { "date": "2024-07-05", "close": 1.61, "volume": 334800, "typical_volume": 830975.0, "trend": 1.788333, "fair_value": 2.021346, "relative_strength": -16.206799, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.045386, "energy": 54.542584, "activity_lines": [ 1.624667, 1.711091, 1.836952, 1.816538 ] }, { "date": "2024-07-12", "close": 1.62, "volume": 408100, "typical_volume": 835380.0, "trend": 1.781333, "fair_value": 2.017821, "relative_strength": -17.329788, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.051806, "energy": 44.967622, "activity_lines": [ 1.621333, 1.678909, 1.812476, 1.805677 ] }, { "date": "2024-07-19", "close": 1.48, "volume": 535400, "typical_volume": 845495.0, "trend": 1.769, "fair_value": 2.013269, "relative_strength": -23.887674, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.811886, "energy": 54.073435, "activity_lines": [ 1.569333, 1.628182, 1.774095, 1.786237 ] }, { "date": "2024-07-26", "close": 1.56, "volume": 310300, "typical_volume": 847475.0, "trend": 1.762667, "fair_value": 2.007885, "relative_strength": -19.660089, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.348787, "energy": 45.500767, "activity_lines": [ 1.557333, 1.601636, 1.744571, 1.772753 ] }, { "date": "2024-08-02", "close": 1.46, "volume": 587100, "typical_volume": 851360.0, "trend": 1.751667, "fair_value": 2.003013, "relative_strength": -22.328688, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.511378, "energy": 56.304706, "activity_lines": [ 1.522, 1.566545, 1.707048, 1.753226 ] }, { "date": "2024-08-09", "close": 1.44, "volume": 639200, "typical_volume": 841095.0, "trend": 1.742, "fair_value": 1.998269, "relative_strength": -23.146659, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.561476, "energy": 73.088612, "activity_lines": [ 1.486667, 1.535818, 1.670381, 1.733118 ] }, { "date": "2024-08-16", "close": 1.62, "volume": 312500, "typical_volume": 837965.0, "trend": 1.746667, "fair_value": 1.995769, "relative_strength": -15.814515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.906728, "energy": 49.194289, "activity_lines": [ 1.522667, 1.544727, 1.653762, 1.725247 ] }, { "date": "2024-08-23", "close": 1.52, "volume": 146500, "typical_volume": 819080.0, "trend": 1.748333, "fair_value": 1.991923, "relative_strength": -21.104348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.07976, "energy": 44.782469, "activity_lines": [ 1.525333, 1.534909, 1.629762, 1.710624 ] }, { "date": "2024-08-30", "close": 1.56, "volume": 284400, "typical_volume": 784420.0, "trend": 1.751667, "fair_value": 1.987949, "relative_strength": -18.668737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.552755, "energy": 35.662894, "activity_lines": [ 1.538667, 1.535273, 1.612238, 1.698473 ] }, { "date": "2024-09-06", "close": 1.55, "volume": 320400, "typical_volume": 741745.0, "trend": 1.756333, "fair_value": 1.984487, "relative_strength": -16.69695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.624843, "energy": 29.626497, "activity_lines": [ 1.548667, 1.536545, 1.596333, 1.685462 ] }, { "date": "2024-09-13", "close": 1.55, "volume": 648600, "typical_volume": 714455.0, "trend": 1.763333, "fair_value": 1.980962, "relative_strength": -18.892745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.914666, "energy": 31.728723, "activity_lines": [ 1.552667, 1.538, 1.582381, 1.672151 ] }, { "date": "2024-09-20", "close": 1.69, "volume": 594400, "typical_volume": 700795.0, "trend": 1.769667, "fair_value": 1.978654, "relative_strength": -12.147588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.359959, "energy": 18.064655, "activity_lines": [ 1.596, 1.566, 1.584619, 1.667419 ] }, { "date": "2024-09-27", "close": 1.71, "volume": 787900, "typical_volume": 693945.0, "trend": 1.768667, "fair_value": 1.977756, "relative_strength": -10.933763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.241466, "energy": 14.249851, "activity_lines": [ 1.641333, 1.596364, 1.590238, 1.66357 ] }, { "date": "2024-10-04", "close": 1.66, "volume": 698000, "typical_volume": 605795.0, "trend": 1.761333, "fair_value": 1.976346, "relative_strength": -13.837098, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.224815, "energy": 16.896137, "activity_lines": [ 1.657333, 1.613455, 1.592524, 1.656559 ] }, { "date": "2024-10-11", "close": 1.68, "volume": 366900, "typical_volume": 584775.0, "trend": 1.749333, "fair_value": 1.972949, "relative_strength": -13.507978, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.824718, "energy": 18.837907, "activity_lines": [ 1.673333, 1.632364, 1.598762, 1.651312 ] }, { "date": "2024-10-18", "close": 1.67, "volume": 614000, "typical_volume": 546215.0, "trend": 1.736667, "fair_value": 1.970385, "relative_strength": -14.727369, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.641419, "energy": 17.51404, "activity_lines": [ 1.677333, 1.645455, 1.605095, 1.646194 ] }, { "date": "2024-10-25", "close": 1.61, "volume": 447100, "typical_volume": 500190.0, "trend": 1.721333, "fair_value": 1.967436, "relative_strength": -16.042679, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.479417, "energy": 9.918894, "activity_lines": [ 1.653333, 1.643455, 1.606429, 1.638022 ] }, { "date": "2024-11-01", "close": 1.52, "volume": 650400, "typical_volume": 501115.0, "trend": 1.702667, "fair_value": 1.964423, "relative_strength": -19.569233, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.565604, "energy": 21.873298, "activity_lines": [ 1.604667, 1.625273, 1.599095, 1.625032 ] }, { "date": "2024-11-08", "close": 1.58, "volume": 223600, "typical_volume": 488255.0, "trend": 1.685333, "fair_value": 1.962308, "relative_strength": -17.656615, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.009372, "energy": 23.320269, "activity_lines": [ 1.588667, 1.618, 1.598238, 1.617118 ] }, { "date": "2024-11-15", "close": 1.77, "volume": 1229400, "typical_volume": 506950.0, "trend": 1.679, "fair_value": 1.962115, "relative_strength": -7.895332, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.371122, "energy": 6.730185, "activity_lines": [ 1.641333, 1.644909, 1.616095, 1.622581 ] }, { "date": "2024-11-22", "close": 1.58, "volume": 305800, "typical_volume": 505500.0, "trend": 1.66, "fair_value": 1.960897, "relative_strength": -19.118481, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.806415, "energy": 16.917779, "activity_lines": [ 1.624667, 1.633273, 1.614857, 1.616194 ] }, { "date": "2024-11-29", "close": 1.57, "volume": 115200, "typical_volume": 490855.0, "trend": 1.645667, "fair_value": 1.960256, "relative_strength": -19.75965, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.181236, "energy": 10.894779, "activity_lines": [ 1.610667, 1.619273, 1.61281, 1.610387 ] }, { "date": "2024-12-06", "close": 1.55, "volume": 356300, "typical_volume": 481900.0, "trend": 1.630333, "fair_value": 1.958974, "relative_strength": -20.440043, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.007193, "energy": 16.608558, "activity_lines": [ 1.592667, 1.603818, 1.609095, 1.604215 ] }, { "date": "2024-12-13", "close": 1.53, "volume": 373300, "typical_volume": 485050.0, "trend": 1.611667, "fair_value": 1.957051, "relative_strength": -19.58599, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.719471, "energy": 30.313591, "activity_lines": [ 1.566, 1.587636, 1.603143, 1.597742 ] }, { "date": "2024-12-20", "close": 1.49, "volume": 1205800, "typical_volume": 515985.0, "trend": 1.598, "fair_value": 1.954038, "relative_strength": -18.95991, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.735266, "energy": 48.142003, "activity_lines": [ 1.529333, 1.566545, 1.593524, 1.589892 ] }, { "date": "2024-12-27", "close": 1.51, "volume": 245200, "typical_volume": 496285.0, "trend": 1.587667, "fair_value": 1.950897, "relative_strength": -18.047669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.421379, "energy": 50.403233, "activity_lines": [ 1.518, 1.552545, 1.585667, 1.584215 ] }, { "date": "2025-01-03", "close": 1.58, "volume": 391300, "typical_volume": 500225.0, "trend": 1.587333, "fair_value": 1.94859, "relative_strength": -14.700027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.704246, "energy": 38.923685, "activity_lines": [ 1.534667, 1.554182, 1.584143, 1.58372 ] }, { "date": "2025-01-10", "close": 1.61, "volume": 451400, "typical_volume": 515470.0, "trend": 1.585, "fair_value": 1.946538, "relative_strength": -11.606497, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.521003, "energy": 7.078014, "activity_lines": [ 1.560667, 1.561818, 1.585667, 1.585183 ] }, { "date": "2025-01-17", "close": 1.45, "volume": 328600, "typical_volume": 517680.0, "trend": 1.576333, "fair_value": 1.943077, "relative_strength": -21.077066, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -33.776077, "energy": 18.687927, "activity_lines": [ 1.529333, 1.538727, 1.571524, 1.576473 ] }, { "date": "2025-01-24", "close": 1.41, "volume": 443100, "typical_volume": 523815.0, "trend": 1.571333, "fair_value": 1.940192, "relative_strength": -24.178449, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.542877, "energy": 35.268733, "activity_lines": [ 1.49, 1.510727, 1.554095, 1.565742 ] }, { "date": "2025-01-31", "close": 1.5, "volume": 270400, "typical_volume": 504905.0, "trend": 1.567667, "fair_value": 1.937821, "relative_strength": -19.319822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.338742, "energy": 39.062859, "activity_lines": [ 1.486, 1.505636, 1.545905, 1.56114 ] }, { "date": "2025-02-07", "close": 1.58, "volume": 327200, "typical_volume": 491545.0, "trend": 1.566333, "fair_value": 1.935064, "relative_strength": -14.602553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.229614, "energy": 35.076142, "activity_lines": [ 1.509333, 1.516545, 1.545571, 1.561935 ] }, { "date": "2025-02-14", "close": 1.56, "volume": 309000, "typical_volume": 467600.0, "trend": 1.569, "fair_value": 1.931731, "relative_strength": -15.776212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.325466, "energy": 18.744712, "activity_lines": [ 1.526, 1.523636, 1.543857, 1.561527 ] }, { "date": "2025-02-21", "close": 1.51, "volume": 468700, "typical_volume": 456135.0, "trend": 1.567333, "fair_value": 1.926859, "relative_strength": -17.16653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.14278, "energy": 17.177214, "activity_lines": [ 1.529333, 1.521455, 1.538095, 1.55772 ] }, { "date": "2025-02-28", "close": 1.52, "volume": 502000, "typical_volume": 462890.0, "trend": 1.569333, "fair_value": 1.92109, "relative_strength": -16.967538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.443087, "energy": 16.739783, "activity_lines": [ 1.532, 1.521455, 1.534, 1.554667 ] }, { "date": "2025-03-07", "close": 1.46, "volume": 846800, "typical_volume": 474530.0, "trend": 1.57, "fair_value": 1.91391, "relative_strength": -17.595696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.706411, "energy": 24.667875, "activity_lines": [ 1.507333, 1.51, 1.524952, 1.547613 ] }, { "date": "2025-03-14", "close": 1.5, "volume": 706200, "typical_volume": 487485.0, "trend": 1.566, "fair_value": 1.908077, "relative_strength": -13.882858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.737983, "energy": 26.886549, "activity_lines": [ 1.498667, 1.506727, 1.520714, 1.543097 ] }, { "date": "2025-03-21", "close": 1.59, "volume": 442200, "typical_volume": 477075.0, "trend": 1.568333, "fair_value": 1.900256, "relative_strength": -9.508064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.41947, "energy": 11.809982, "activity_lines": [ 1.525333, 1.521273, 1.525571, 1.544645 ] }, { "date": "2025-03-28", "close": 1.66, "volume": 393400, "typical_volume": 485565.0, "trend": 1.571667, "fair_value": 1.891987, "relative_strength": -4.034826, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.315681, "energy": 13.024533, "activity_lines": [ 1.573333, 1.548909, 1.536762, 1.550559 ] }, { "date": "2025-04-04", "close": 1.38, "volume": 322100, "typical_volume": 440200.0, "trend": 1.566, "fair_value": 1.882885, "relative_strength": -14.033492, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.49134, "energy": 19.116679, "activity_lines": [ 1.518, 1.521818, 1.520905, 1.538194 ] }, { "date": "2025-04-11", "close": 1.48, "volume": 510900, "typical_volume": 450455.0, "trend": 1.563667, "fair_value": 1.873397, "relative_strength": -8.502545, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.403898, "energy": 16.907792, "activity_lines": [ 1.505333, 1.513455, 1.516429, 1.532645 ] }, { "date": "2025-04-18", "close": 1.64, "volume": 550600, "typical_volume": 472225.0, "trend": 1.562, "fair_value": 1.868333, "relative_strength": -0.530243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.735605, "energy": 2.866742, "activity_lines": [ 1.544667, 1.534545, 1.527667, 1.53757 ] }, { "date": "2025-04-25", "close": 1.54, "volume": 528700, "typical_volume": 480845.0, "trend": 1.556333, "fair_value": 1.8625, "relative_strength": -7.625885, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.454826, "energy": 9.865303, "activity_lines": [ 1.541333, 1.536364, 1.529048, 1.536151 ] }, { "date": "2025-05-02", "close": 1.53, "volume": 191200, "typical_volume": 471740.0, "trend": 1.552, "fair_value": 1.857564, "relative_strength": -8.621109, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.500132, "energy": 8.106061, "activity_lines": [ 1.538, 1.536727, 1.529524, 1.534452 ] }, { "date": "2025-05-09", "close": 1.62, "volume": 309300, "typical_volume": 426915.0, "trend": 1.55, "fair_value": 1.854808, "relative_strength": -3.765279, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.847594, "energy": 14.225399, "activity_lines": [ 1.573333, 1.553091, 1.538571, 1.538839 ] }, { "date": "2025-05-16", "close": 1.47, "volume": 688700, "typical_volume": 449090.0, "trend": 1.543333, "fair_value": 1.850321, "relative_strength": -13.831594, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.88755, "energy": 9.817976, "activity_lines": [ 1.542667, 1.540364, 1.532714, 1.533677 ] }, { "date": "2025-05-23", "close": 1.7, "volume": 965400, "typical_volume": 477795.0, "trend": 1.546333, "fair_value": 1.847308, "relative_strength": 0.576661, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.40204, "energy": 25.533984, "activity_lines": [ 1.589333, 1.569273, 1.548952, 1.543785 ] }, { "date": "2025-05-30", "close": 1.54, "volume": 514600, "typical_volume": 480955.0, "trend": 1.547, "fair_value": 1.84359, "relative_strength": -9.305206, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.020732, "energy": 16.224827, "activity_lines": [ 1.578667, 1.565455, 1.549381, 1.543376 ] }, { "date": "2025-06-06", "close": 1.69, "volume": 527300, "typical_volume": 490890.0, "trend": 1.550667, "fair_value": 1.840192, "relative_strength": -1.184546, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.116153, "energy": 32.206923, "activity_lines": [ 1.618, 1.589818, 1.564429, 1.552602 ] }, { "date": "2025-06-13", "close": 1.85, "volume": 1856800, "typical_volume": 561575.0, "trend": 1.553333, "fair_value": 1.839423, "relative_strength": 8.115259, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.740731, "energy": 59.703101, "activity_lines": [ 1.7, 1.642727, 1.593571, 1.571914 ] }, { "date": "2025-06-20", "close": 1.65, "volume": 762600, "typical_volume": 586185.0, "trend": 1.555667, "fair_value": 1.837179, "relative_strength": -3.055413, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.203998, "energy": 45.411259, "activity_lines": [ 1.7, 1.650727, 1.601571, 1.578151 ] }, { "date": "2025-06-27", "close": 1.68, "volume": 606000, "typical_volume": 600125.0, "trend": 1.559333, "fair_value": 1.836603, "relative_strength": -1.766552, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.007464, "energy": 47.826878, "activity_lines": [ 1.698, 1.661091, 1.611714, 1.586172 ] }, { "date": "2025-07-04", "close": 1.72, "volume": 430400, "typical_volume": 606195.0, "trend": 1.565, "fair_value": 1.836218, "relative_strength": -0.480045, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.814373, "energy": 46.094564, "activity_lines": [ 1.710667, 1.678, 1.62519, 1.596538 ] }, { "date": "2025-07-11", "close": 1.8, "volume": 891100, "typical_volume": 627315.0, "trend": 1.574, "fair_value": 1.837115, "relative_strength": 4.407258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.327138, "energy": 37.084084, "activity_lines": [ 1.738, 1.706182, 1.645524, 1.611699 ] }, { "date": "2025-07-18", "close": 1.69, "volume": 363700, "typical_volume": 620400.0, "trend": 1.580667, "fair_value": 1.837372, "relative_strength": -2.918357, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.230136, "energy": 30.881995, "activity_lines": [ 1.721333, 1.709455, 1.654, 1.619183 ] }, { "date": "2025-07-25", "close": 1.81, "volume": 710400, "typical_volume": 613580.0, "trend": 1.590667, "fair_value": 1.837308, "relative_strength": 3.372183, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.967671, "energy": 43.956014, "activity_lines": [ 1.755333, 1.733273, 1.673095, 1.633978 ] }, { "date": "2025-08-01", "close": 1.66, "volume": 513700, "typical_volume": 603955.0, "trend": 1.593333, "fair_value": 1.83609, "relative_strength": -3.407531, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.687173, "energy": 28.488771, "activity_lines": [ 1.728667, 1.723636, 1.676238, 1.638452 ] }, { "date": "2025-08-08", "close": 1.76, "volume": 439000, "typical_volume": 603795.0, "trend": 1.598333, "fair_value": 1.835064, "relative_strength": -0.278238, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.137861, "energy": 27.582746, "activity_lines": [ 1.736667, 1.732909, 1.688143, 1.649204 ] }, { "date": "2025-08-15", "close": 1.82, "volume": 1014100, "typical_volume": 634830.0, "trend": 1.610667, "fair_value": 1.835192, "relative_strength": 2.735739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.526162, "energy": 33.201633, "activity_lines": [ 1.762, 1.749091, 1.704952, 1.663505 ] }, { "date": "2025-08-22", "close": 1.84, "volume": 522500, "typical_volume": 644850.0, "trend": 1.625, "fair_value": 1.835705, "relative_strength": 2.307519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.338868, "energy": 34.173144, "activity_lines": [ 1.792667, 1.766545, 1.722905, 1.678301 ] }, { "date": "2025-08-29", "close": 1.95, "volume": 724200, "typical_volume": 655515.0, "trend": 1.64, "fair_value": 1.837436, "relative_strength": 7.498291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.131918, "energy": 60.841741, "activity_lines": [ 1.85, 1.804182, 1.749143, 1.699269 ] }, { "date": "2025-09-05", "close": 2.09, "volume": 1094700, "typical_volume": 682720.0, "trend": 1.657, "fair_value": 1.839615, "relative_strength": 13.154397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.982927, "energy": 76.780124, "activity_lines": [ 1.944667, 1.861818, 1.786476, 1.728301 ] }, { "date": "2025-09-12", "close": 2.3, "volume": 1642000, "typical_volume": 738385.0, "trend": 1.681667, "fair_value": 1.843974, "relative_strength": 23.056783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.280032, "energy": 90.469882, "activity_lines": [ 2.080667, 1.950182, 1.841667, 1.769785 ] }, { "date": "2025-09-19", "close": 2.43, "volume": 923900, "typical_volume": 775020.0, "trend": 1.712333, "fair_value": 1.849038, "relative_strength": 27.480015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.655888, "energy": 95.869299, "activity_lines": [ 2.224, 2.051636, 1.905619, 1.818065 ] }, { "date": "2025-09-26", "close": 2.74, "volume": 1263200, "typical_volume": 822715.0, "trend": 1.753, "fair_value": 1.855385, "relative_strength": 42.889432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.679367, "energy": 97.946329, "activity_lines": [ 2.43, 2.198, 1.99481, 1.884366 ] }, { "date": "2025-10-03", "close": 2.78, "volume": 1626100, "typical_volume": 869585.0, "trend": 1.797, "fair_value": 1.861731, "relative_strength": 40.649679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.163313, "energy": 95.84541, "activity_lines": [ 2.589333, 2.332545, 2.082476, 1.950624 ] }, { "date": "2025-10-10", "close": 3.07, "volume": 2662900, "typical_volume": 954460.0, "trend": 1.849333, "fair_value": 1.869936, "relative_strength": 56.960805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.733799, "energy": 97.077768, "activity_lines": [ 2.79, 2.502182, 2.191524, 2.032753 ] }, { "date": "2025-10-17", "close": 3.04, "volume": 2906200, "typical_volume": 1074040.0, "trend": 1.897667, "fair_value": 1.877564, "relative_strength": 52.588383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.960111, "energy": 91.412809, "activity_lines": [ 2.915333, 2.640727, 2.29119, 2.10957 ] }, { "date": "2025-10-24", "close": 3.01, "volume": 1758200, "typical_volume": 1135585.0, "trend": 1.942667, "fair_value": 1.885256, "relative_strength": 48.426293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.01051, "energy": 71.171469, "activity_lines": [ 2.981333, 2.750545, 2.380857, 2.181333 ] }, { "date": "2025-10-31", "close": 2.94, "volume": 1297500, "typical_volume": 1107620.0, "trend": 1.994667, "fair_value": 1.8925, "relative_strength": 43.987817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.772784, "energy": 67.172187, "activity_lines": [ 2.985333, 2.826, 2.457571, 2.245677 ] }, { "date": "2025-11-07", "close": 2.71, "volume": 1116600, "typical_volume": 1125320.0, "trend": 2.035667, "fair_value": 1.896987, "relative_strength": 33.252584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.340203, "energy": 60.535953, "activity_lines": [ 2.899333, 2.839636, 2.50719, 2.291828 ] }, { "date": "2025-11-14", "close": 2.92, "volume": 1139500, "typical_volume": 1151995.0, "trend": 2.078333, "fair_value": 1.901731, "relative_strength": 40.615697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.62553, "energy": 53.887263, "activity_lines": [ 2.888, 2.877636, 2.571762, 2.348882 ] }, { "date": "2025-11-21", "close": 2.98, "volume": 951000, "typical_volume": 1178025.0, "trend": 2.126333, "fair_value": 1.907308, "relative_strength": 42.821561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.193318, "energy": 45.834016, "activity_lines": [ 2.906667, 2.911455, 2.636143, 2.407054 ] }, { "date": "2025-11-28", "close": 3.38, "volume": 1077200, "typical_volume": 1187330.0, "trend": 2.188, "fair_value": 1.914231, "relative_strength": 53.697733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.365461, "energy": 57.743387, "activity_lines": [ 3.062667, 3.005636, 2.732619, 2.487935 ] }, { "date": "2025-12-05", "close": 3.5, "volume": 922100, "typical_volume": 1215250.0, "trend": 2.250667, "fair_value": 1.921154, "relative_strength": 57.296415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.023165, "energy": 63.882755, "activity_lines": [ 3.234, 3.104364, 2.833, 2.572581 ] }, { "date": "2025-12-12", "close": 3.54, "volume": 1245400, "typical_volume": 1242000.0, "trend": 2.319667, "fair_value": 1.92859, "relative_strength": 55.822039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.226586, "energy": 74.486034, "activity_lines": [ 3.381333, 3.196545, 2.928571, 2.655763 ] }, { "date": "2025-12-19", "close": 3.83, "volume": 1117400, "typical_volume": 1272185.0, "trend": 2.390667, "fair_value": 1.937756, "relative_strength": 64.735089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.657434, "energy": 88.810227, "activity_lines": [ 3.57, 3.327636, 3.043524, 2.753204 ] }, { "date": "2025-12-26", "close": 3.9, "volume": 587500, "typical_volume": 1279610.0, "trend": 2.469333, "fair_value": 1.947308, "relative_strength": 63.842504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.965806, "energy": 89.299829, "activity_lines": [ 3.721333, 3.457636, 3.15481, 2.850581 ] }, { "date": "2026-01-02", "close": 3.7, "volume": 1125700, "typical_volume": 1285190.0, "trend": 2.536333, "fair_value": 1.954679, "relative_strength": 53.897794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.740798, "energy": 77.485963, "activity_lines": [ 3.744667, 3.535636, 3.236857, 2.929978 ] }, { "date": "2026-01-09", "close": 4.47, "volume": 2124200, "typical_volume": 1365275.0, "trend": 2.623667, "fair_value": 1.966859, "relative_strength": 78.486262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.988018, "energy": 89.739733, "activity_lines": [ 4.003333, 3.741091, 3.383286, 3.054731 ] }, { "date": "2026-01-16", "close": 4.61, "volume": 2215100, "typical_volume": 1439820.0, "trend": 2.722333, "fair_value": 1.980385, "relative_strength": 78.051472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.68871, "energy": 92.040559, "activity_lines": [ 4.244, 3.944182, 3.530524, 3.182882 ] }, { "date": "2026-01-23", "close": 5.16, "volume": 2345000, "typical_volume": 1502335.0, "trend": 2.838333, "fair_value": 1.997756, "relative_strength": 93.892948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.762156, "energy": 95.340345, "activity_lines": [ 4.596667, 4.212727, 3.717476, 3.340151 ] }, { "date": "2026-01-30", "close": 4.34, "volume": 3579700, "typical_volume": 1599220.0, "trend": 2.925667, "fair_value": 2.010513, "relative_strength": 66.246451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.136546, "energy": 72.554408, "activity_lines": [ 4.587333, 4.291455, 3.811714, 3.437032 ] }, { "date": "2026-02-06", "close": 4.37, "volume": 3242500, "typical_volume": 1715150.0, "trend": 3.011333, "fair_value": 2.024872, "relative_strength": 61.814982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.204886, "energy": 59.648933, "activity_lines": [ 4.558667, 4.350909, 3.899095, 3.530215 ] }, { "date": "2026-02-13", "close": 4.32, "volume": 3838300, "typical_volume": 1843905.0, "trend": 3.099, "fair_value": 2.039167, "relative_strength": 54.5682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.9043, "energy": 52.22144, "activity_lines": [ 4.468667, 4.383273, 3.972476, 3.614645 ] }, { "date": "2026-02-20", "close": 4.38, "volume": 1401600, "typical_volume": 1832680.0, "trend": 3.184667, "fair_value": 2.054423, "relative_strength": 50.88269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.878903, "energy": 36.37828, "activity_lines": [ 4.408667, 4.411636, 4.044048, 3.69729 ] }, { "date": "2026-02-27", "close": 4.69, "volume": 4665600, "typical_volume": 1932815.0, "trend": 3.285667, "fair_value": 2.069231, "relative_strength": 56.415067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.724586, "energy": 39.716935, "activity_lines": [ 4.467333, 4.481091, 4.137524, 3.794409 ] }, { "date": "2026-03-06", "close": 3.84, "volume": 4943100, "typical_volume": 2034660.0, "trend": 3.355, "fair_value": 2.079038, "relative_strength": 31.279097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.88266, "energy": 25.381604, "activity_lines": [ 4.274, 4.380364, 4.142333, 3.830172 ] }, { "date": "2026-03-13", "close": 3.82, "volume": 3040900, "typical_volume": 2098795.0, "trend": 3.421667, "fair_value": 2.088269, "relative_strength": 31.1636, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.447191, "energy": 17.273644, "activity_lines": [ 4.107333, 4.277091, 4.141429, 3.860172 ] }, { "date": "2026-03-20", "close": 3.22, "volume": 3663400, "typical_volume": 2217090.0, "trend": 3.467667, "fair_value": 2.093141, "relative_strength": 13.926817, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.860818, "energy": 15.41185, "activity_lines": [ 3.777333, 4.062545, 4.079524, 3.847161 ] }, { "date": "2026-03-27", "close": 3.33, "volume": 1868700, "typical_volume": 2254695.0, "trend": 3.513667, "fair_value": 2.098718, "relative_strength": 14.540708, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.80761, "energy": 23.89371, "activity_lines": [ 3.557333, 3.890727, 4.026762, 3.83828 ] }, { "date": "2026-04-03", "close": 3.55, "volume": 1382900, "typical_volume": 2266865.0, "trend": 3.562333, "fair_value": 2.105833, "relative_strength": 16.698376, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.969546, "energy": 27.822936, "activity_lines": [ 3.480667, 3.782182, 3.992, 3.840624 ] }, { "date": "2026-04-10", "close": 3.81, "volume": 2468000, "typical_volume": 2342715.0, "trend": 3.612667, "fair_value": 2.113462, "relative_strength": 21.778495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.013423, "energy": 24.737009, "activity_lines": [ 3.566667, 3.750182, 3.979, 3.856602 ] }, { "date": "2026-04-17", "close": 3.94, "volume": 3451000, "typical_volume": 2461405.0, "trend": 3.663, "fair_value": 2.123846, "relative_strength": 22.359335, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.042671, "energy": 11.286597, "activity_lines": [ 3.698, 3.751455, 3.974429, 3.87772 ] }, { "date": "2026-04-24", "close": 3.79, "volume": 1934300, "typical_volume": 2512015.0, "trend": 3.698, "fair_value": 2.133333, "relative_strength": 18.038462, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.743683, "energy": 10.468614, "activity_lines": [ 3.771333, 3.733273, 3.952905, 3.885914 ] }, { "date": "2026-05-01", "close": 3.87, "volume": 2122900, "typical_volume": 2555890.0, "trend": 3.734333, "fair_value": 2.142885, "relative_strength": 19.290475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.43698, "energy": 15.982373, "activity_lines": [ 3.833333, 3.739273, 3.937619, 3.897011 ] }, { "date": "2026-05-08", "close": 4.2, "volume": 2758500, "typical_volume": 2637945.0, "trend": 3.772, "fair_value": 2.155449, "relative_strength": 27.236248, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.336978, "energy": 25.063275, "activity_lines": [ 3.969333, 3.814545, 3.95219, 3.927054 ] }, { "date": "2026-05-15", "close": 3.82, "volume": 1987800, "typical_volume": 2707960.0, "trend": 3.798, "fair_value": 2.165641, "relative_strength": 15.271774, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.154023, "energy": 13.004051, "activity_lines": [ 3.935333, 3.829636, 3.92881, 3.930151 ] }, { "date": "2026-05-22", "close": 3.77, "volume": 1938100, "typical_volume": 2748580.0, "trend": 3.823333, "fair_value": 2.176474, "relative_strength": 10.708052, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.900041, "energy": 9.37971, "activity_lines": [ 3.884, 3.836, 3.901048, 3.928344 ] }, { "date": "2026-05-29", "close": 4.12, "volume": 1570700, "typical_volume": 2720905.0, "trend": 3.862667, "fair_value": 2.189103, "relative_strength": 18.572947, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.507893, "energy": 19.042541, "activity_lines": [ 3.960667, 3.906909, 3.906286, 3.947484 ] }, { "date": "2026-06-05", "close": 3.46, "volume": 1014900, "typical_volume": 2660895.0, "trend": 3.887667, "fair_value": 2.1975, "relative_strength": -0.096359, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.792551, "energy": 17.334038, "activity_lines": [ 3.795333, 3.841455, 3.850333, 3.921505 ] }, { "date": "2026-06-12", "close": 3.39, "volume": 378500, "typical_volume": 2562570.0, "trend": 3.903333, "fair_value": 2.205705, "relative_strength": -4.085754, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.907994, "energy": 50.014172, "activity_lines": [ 3.634, 3.760909, 3.79319, 3.889398 ] }, { "date": "2026-06-19", "close": 3.31, "volume": 314500, "typical_volume": 2399310.0, "trend": 3.914333, "fair_value": 2.213782, "relative_strength": -7.00476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.103327, "energy": 64.319763, "activity_lines": [ 3.5, 3.668727, 3.736857, 3.851118 ] }, { "date": "2026-06-26", "close": 3.1, "volume": 262300, "typical_volume": 2250300.0, "trend": 3.905, "fair_value": 2.220577, "relative_strength": -13.352842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.434871, "energy": 77.210182, "activity_lines": [ 3.33, 3.547455, 3.665429, 3.798581 ] }, { "date": "2026-07-03", "close": 3.31, "volume": 105100, "typical_volume": 2063640.0, "trend": 3.898667, "fair_value": 2.22891, "relative_strength": -8.70533, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.80213, "energy": 72.525561, "activity_lines": [ 3.274667, 3.479636, 3.620048, 3.760194 ] }, { "date": "2026-07-10", "close": 3.13, "volume": 2186600, "typical_volume": 2102890.0, "trend": 3.885, "fair_value": 2.235128, "relative_strength": -14.165598, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.330032, "energy": 74.69037, "activity_lines": [ 3.213333, 3.387818, 3.562333, 3.710602 ] }, { "date": "2026-07-17", "close": 2.97, "volume": 2046000, "typical_volume": 1971910.0, "trend": 3.856333, "fair_value": 2.240577, "relative_strength": -18.795578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.401093, "energy": 76.071333, "activity_lines": [ 3.120667, 3.280364, 3.495333, 3.65157 ] }, { "date": "2026-07-24", "close": 3.03, "volume": 2904200, "typical_volume": 1869965.0, "trend": 3.827333, "fair_value": 2.246987, "relative_strength": -17.704187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.571669, "energy": 62.936582, "activity_lines": [ 3.076, 3.206182, 3.442238, 3.598258 ] }, { "date": "2026-07-31", "close": 2.84, "volume": 2564500, "typical_volume": 1846145.0, "trend": 3.798667, "fair_value": 2.253013, "relative_strength": -22.825071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.296108, "energy": 68.041427, "activity_lines": [ 2.986667, 3.111818, 3.374905, 3.534559 ] }, { "date": "2026-08-07", "close": 3.35, "volume": 1150100, "typical_volume": 1720480.0, "trend": 3.761333, "fair_value": 2.262051, "relative_strength": -12.31937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.128642, "energy": 46.408792, "activity_lines": [ 3.084667, 3.127091, 3.36081, 3.505613 ] } ], "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." } } }