{ "ticker": { "uuid": "10588d3e-cf53-4fc5-928a-e7f64bfa388a", "symbol": "J", "name": "JAS Asset Public Company Limited", "exchange": "SET", "country": "TH", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^SET.BK", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 65.809, "architecture_energy": 82.14, "architecture_maturity": 30.0, "architecture_confidence": 85.489, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.95, "rotation_up": 76.58, "upward_expansion": 93.08, "deceleration": 45.11, "rotation_down": 8.41, "downward_expansion": 19.74 }, "activity_lines": [ 0.95, 0.877818, 0.783143, 0.739075 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 0.94, "trend_reference": 0.693333, "distance_from_trend": 0.355769, "trend_direction": "Improving", "fair_value": 1.333656, "distance_from_fair_value": -0.29517, "fair_value_direction": "Improving", "relative_strength": 12.58363, "relative_strength_direction": "Improving", "price_momentum": 0.540984, "excess_performance": 0.348659, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.355769, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.065574, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.29517, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.29512, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.125836, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.410849, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.540984, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 8.048664, "read": "Demand-led" } ], "volume": { "latest": 6097300, "relative_activity": 0.756658, "balance": 8.048664, "dry_up": 3.0462, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.115385, "annualized_volatility": 0.525146, "from_high_reference": -0.182609, "from_low_reference": 0.678571 }, "levels": { "trend_reference": 0.693333, "fair_value_reference": 1.333656, "structural_low": 0.57, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.00056, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.013917, "regime_survival": 0.666667, "best_return": 0.205128, "worst_return": -0.153489, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.180118, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.150312, "regime_survival": 0.0, "best_return": -0.106667, "worst_return": -0.253569, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.035506, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.044398, "regime_survival": 0.0, "best_return": -0.035506, "worst_return": -0.035506, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.109343, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.112371, "regime_survival": 0.0, "best_return": -0.109343, "worst_return": -0.109343, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-09-02", "end": "2022-11-25", "tenure": "Established", "return": -0.083744, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2022-12-02", "end": "2023-01-27", "tenure": "Developing", "return": 0.015544, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-02-03", "end": "2023-02-24", "tenure": "New", "return": -0.056122, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-03-03", "end": "2023-08-18", "tenure": "Established", "return": -0.271192, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-08-25", "end": "2023-10-13", "tenure": "Developing", "return": -0.115152, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-20", "end": "2023-11-17", "tenure": "Developing", "return": -0.080882, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-11-24", "end": "2023-12-01", "tenure": "New", "return": -0.064, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-08", "end": "2024-09-06", "tenure": "Extended", "return": -0.256707, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-13", "end": "2024-11-01", "tenure": "Developing", "return": -0.152941, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-08", "end": "2025-09-05", "tenure": "Extended", "return": -0.392593, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2025-10-24", "tenure": "Developing", "return": -0.217391, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-05-29", "tenure": "Extended", "return": -0.142857, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-05", "end": "2026-07-03", "tenure": "Developing", "return": -0.065789, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.205128, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.593307, "volume": 6168475, "typical_volume": 1473515.65, "trend": 3.046228, "fair_value": 3.142875, "relative_strength": -20.061024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.460695, "energy": 45.274064, "activity_lines": [ 2.476275, 2.468901, 2.624608, 2.791088 ] }, { "date": "2023-08-25", "close": 3.291505, "volume": 12568147, "typical_volume": 2074958.7, "trend": 3.026793, "fair_value": 3.156054, "relative_strength": -0.851297, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -2.9177, "energy": 14.658775, "activity_lines": [ 2.756885, 2.611079, 2.673481, 2.806913 ] }, { "date": "2023-09-01", "close": 3.111969, "volume": 36194964, "typical_volume": 3844047.3, "trend": 3.001372, "fair_value": 3.168687, "relative_strength": -5.929147, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 7.914932, "energy": 25.166979, "activity_lines": [ 2.919133, 2.712998, 2.705114, 2.812408 ] }, { "date": "2023-09-08", "close": 3.271557, "volume": 6753682, "typical_volume": 4095554.65, "trend": 2.980613, "fair_value": 3.182282, "relative_strength": 0.126629, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.582973, "energy": 43.392651, "activity_lines": [ 3.08803, 2.835228, 2.7528, 2.829839 ] }, { "date": "2023-09-15", "close": 3.131917, "volume": 2420729, "typical_volume": 4120940.0, "trend": 2.967059, "fair_value": 3.194861, "relative_strength": -3.39572, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.888676, "energy": 41.301233, "activity_lines": [ 3.150536, 2.917924, 2.786428, 2.839601 ] }, { "date": "2023-09-22", "close": 3.151866, "volume": 2060100, "typical_volume": 4208966.5, "trend": 2.950217, "fair_value": 3.207628, "relative_strength": -1.154285, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.6228, "energy": 54.20331, "activity_lines": [ 3.174474, 2.991915, 2.82129, 2.851524 ] }, { "date": "2023-09-29", "close": 2.972329, "volume": 1668293, "typical_volume": 4229770.15, "trend": 2.930685, "fair_value": 3.219063, "relative_strength": -3.172489, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.184883, "energy": 40.390394, "activity_lines": [ 3.10133, 3.01948, 2.838199, 2.85295 ] }, { "date": "2023-10-06", "close": 2.932432, "volume": 1040075, "typical_volume": 4227619.65, "trend": 2.913777, "fair_value": 3.22988, "relative_strength": -1.805115, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.525022, "energy": 18.158288, "activity_lines": [ 3.036164, 3.029636, 2.851688, 2.853063 ] }, { "date": "2023-10-13", "close": 2.912483, "volume": 262875, "typical_volume": 4191456.6, "trend": 2.900158, "fair_value": 3.240508, "relative_strength": -2.815478, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.846457, "energy": 9.665005, "activity_lines": [ 2.976319, 3.026734, 2.863467, 2.852979 ] }, { "date": "2023-10-20", "close": 2.712998, "volume": 626110, "typical_volume": 4167219.3, "trend": 2.87923, "fair_value": 3.250462, "relative_strength": -5.634551, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.662727, "energy": 15.474258, "activity_lines": [ 2.873916, 2.977769, 2.856437, 2.840905 ] }, { "date": "2023-10-27", "close": 2.673101, "volume": 551117, "typical_volume": 4121847.5, "trend": 2.857631, "fair_value": 3.260221, "relative_strength": -5.782972, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.02258, "energy": 20.204056, "activity_lines": [ 2.786143, 2.916836, 2.846843, 2.827606 ] }, { "date": "2023-11-03", "close": 2.752895, "volume": 1092009, "typical_volume": 4129031.0, "trend": 2.840669, "fair_value": 3.270128, "relative_strength": -4.673084, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.922918, "energy": 18.303429, "activity_lines": [ 2.756885, 2.868959, 2.845893, 2.820849 ] }, { "date": "2023-11-10", "close": 2.673101, "volume": 7742426, "typical_volume": 4467442.1, "trend": 2.820055, "fair_value": 3.279403, "relative_strength": -4.994882, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.678393, "energy": 24.790676, "activity_lines": [ 2.715658, 2.816368, 2.837914, 2.810038 ] }, { "date": "2023-11-17", "close": 2.493564, "volume": 2225927, "typical_volume": 4427644.65, "trend": 2.799442, "fair_value": 3.287588, "relative_strength": -12.550589, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.453701, "energy": 35.735001, "activity_lines": [ 2.631874, 2.739112, 2.812646, 2.788974 ] }, { "date": "2023-11-24", "close": 2.493564, "volume": 1226655, "typical_volume": 4412801.4, "trend": 2.782818, "fair_value": 3.295712, "relative_strength": -10.990821, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.199663, "energy": 48.316501, "activity_lines": [ 2.576018, 2.676002, 2.787378, 2.76924 ] }, { "date": "2023-12-01", "close": 2.333976, "volume": 1809856, "typical_volume": 4451450.9, "trend": 2.761539, "fair_value": 3.302753, "relative_strength": -15.138647, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.065469, "energy": 72.403419, "activity_lines": [ 2.481595, 2.595483, 2.746721, 2.740282 ] }, { "date": "2023-12-08", "close": 2.314028, "volume": 666714, "typical_volume": 4400615.1, "trend": 2.736936, "fair_value": 3.309908, "relative_strength": -15.353977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.117162, "energy": 79.410798, "activity_lines": [ 2.403131, 2.526207, 2.704449, 2.711411 ] }, { "date": "2023-12-15", "close": 2.194337, "volume": 1431684, "typical_volume": 4429915.55, "trend": 2.711003, "fair_value": 3.316114, "relative_strength": -19.732646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.855172, "energy": 83.547375, "activity_lines": [ 2.314028, 2.447139, 2.651253, 2.676404 ] }, { "date": "2023-12-22", "close": 2.074646, "volume": 3600365, "typical_volume": 4588263.1, "trend": 2.681745, "fair_value": 3.321069, "relative_strength": -24.252621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.236846, "energy": 87.0671, "activity_lines": [ 2.216945, 2.359728, 2.587702, 2.635349 ] }, { "date": "2023-12-29", "close": 2.054697, "volume": 1799028, "typical_volume": 4595461.55, "trend": 2.651158, "fair_value": 3.324204, "relative_strength": -24.941393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.252461, "energy": 88.850385, "activity_lines": [ 2.141141, 2.283924, 2.523677, 2.594894 ] }, { "date": "2024-01-05", "close": 2.14, "volume": 4446451, "typical_volume": 4509360.35, "trend": 2.626073, "fair_value": 3.327885, "relative_strength": -21.927845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.953988, "energy": 82.960297, "activity_lines": [ 2.123029, 2.235598, 2.469676, 2.561916 ] }, { "date": "2024-01-12", "close": 2.08, "volume": 1479500, "typical_volume": 3954928.0, "trend": 2.599654, "fair_value": 3.331, "relative_strength": -22.669917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.65325, "energy": 78.486422, "activity_lines": [ 2.097848, 2.186056, 2.412119, 2.526686 ] }, { "date": "2024-01-19", "close": 2.02, "volume": 4051200, "typical_volume": 2347739.8, "trend": 2.579214, "fair_value": 3.333005, "relative_strength": -22.53244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.878274, "energy": 73.829566, "activity_lines": [ 2.068269, 2.137839, 2.354617, 2.489289 ] }, { "date": "2024-01-26", "close": 2.0, "volume": 1930200, "typical_volume": 2106565.7, "trend": 2.562761, "fair_value": 3.334821, "relative_strength": -21.822696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.262453, "energy": 63.792861, "activity_lines": [ 2.043646, 2.097861, 2.30041, 2.45192 ] }, { "date": "2024-02-02", "close": 1.98, "volume": 1335000, "typical_volume": 2052279.25, "trend": 2.546972, "fair_value": 3.329012, "relative_strength": -22.809089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.863002, "energy": 67.315637, "activity_lines": [ 2.017333, 2.06322, 2.250353, 2.414323 ] }, { "date": "2024-02-09", "close": 2.0, "volume": 1206800, "typical_volume": 2009614.25, "trend": 2.533845, "fair_value": 3.323814, "relative_strength": -21.538359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.16613, "energy": 81.513425, "activity_lines": [ 2.002667, 2.041553, 2.207686, 2.379034 ] }, { "date": "2024-02-16", "close": 2.06, "volume": 9101300, "typical_volume": 2381264.6, "trend": 2.522053, "fair_value": 3.319485, "relative_strength": -18.501766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.230578, "energy": 66.934531, "activity_lines": [ 2.017333, 2.036868, 2.176219, 2.348464 ] }, { "date": "2024-02-23", "close": 1.98, "volume": 2176000, "typical_volume": 2438060.85, "trend": 2.507594, "fair_value": 3.31549, "relative_strength": -21.652587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.731399, "energy": 59.869104, "activity_lines": [ 2.006667, 2.022255, 2.141477, 2.313492 ] }, { "date": "2024-03-01", "close": 1.95, "volume": 1060600, "typical_volume": 2477947.1, "trend": 2.493465, "fair_value": 3.310214, "relative_strength": -20.438892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.791244, "energy": 60.196045, "activity_lines": [ 1.988667, 2.006085, 2.108413, 2.277519 ] }, { "date": "2024-03-08", "close": 1.92, "volume": 1569700, "typical_volume": 2525126.6, "trend": 2.475676, "fair_value": 3.301723, "relative_strength": -22.096715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.317054, "energy": 59.204334, "activity_lines": [ 1.964, 1.986727, 2.077075, 2.240521 ] }, { "date": "2024-03-15", "close": 1.91, "volume": 320900, "typical_volume": 2513615.75, "trend": 2.452899, "fair_value": 3.292925, "relative_strength": -21.850645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.67145, "energy": 62.149944, "activity_lines": [ 1.94, 1.968, 2.048561, 2.204026 ] }, { "date": "2024-03-22", "close": 1.88, "volume": 524700, "typical_volume": 2485250.3, "trend": 2.405849, "fair_value": 3.285024, "relative_strength": -22.173729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.360474, "energy": 69.658917, "activity_lines": [ 1.912, 1.948, 2.020824, 2.167064 ] }, { "date": "2024-03-29", "close": 1.89, "volume": 454300, "typical_volume": 2120844.0, "trend": 2.365116, "fair_value": 3.274405, "relative_strength": -20.982362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.632121, "energy": 62.013475, "activity_lines": [ 1.899333, 1.933455, 1.998196, 2.133784 ] }, { "date": "2024-04-05", "close": 1.81, "volume": 689600, "typical_volume": 2044027.65, "trend": 2.316398, "fair_value": 3.265329, "relative_strength": -23.559994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.319934, "energy": 80.853971, "activity_lines": [ 1.866, 1.906727, 1.971678, 2.09797 ] }, { "date": "2024-04-12", "close": 1.88, "volume": 407100, "typical_volume": 2003049.9, "trend": 2.274667, "fair_value": 3.257912, "relative_strength": -21.151899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.631571, "energy": 61.735587, "activity_lines": [ 1.865333, 1.896182, 1.955081, 2.069815 ] }, { "date": "2024-04-19", "close": 1.84, "volume": 133100, "typical_volume": 1919212.1, "trend": 2.230938, "fair_value": 3.250058, "relative_strength": -18.539639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.2059, "energy": 62.542408, "activity_lines": [ 1.854, 1.880182, 1.937597, 2.041772 ] }, { "date": "2024-04-26", "close": 1.79, "volume": 884700, "typical_volume": 1930111.4, "trend": 2.191527, "fair_value": 3.241762, "relative_strength": -21.808606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.444469, "energy": 63.662353, "activity_lines": [ 1.830667, 1.858, 1.917703, 2.013325 ] }, { "date": "2024-05-03", "close": 1.8, "volume": 521600, "typical_volume": 1884607.2, "trend": 2.15378, "fair_value": 3.233407, "relative_strength": -21.383661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.077352, "energy": 59.590492, "activity_lines": [ 1.816667, 1.842545, 1.901257, 1.988065 ] }, { "date": "2024-05-10", "close": 1.79, "volume": 274600, "typical_volume": 1718318.95, "trend": 2.116364, "fair_value": 3.226209, "relative_strength": -21.344953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.186402, "energy": 59.840737, "activity_lines": [ 1.805333, 1.828545, 1.885737, 1.964595 ] }, { "date": "2024-05-17", "close": 1.78, "volume": 965700, "typical_volume": 1676652.55, "trend": 2.085264, "fair_value": 3.218337, "relative_strength": -21.782356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.736024, "energy": 62.988579, "activity_lines": [ 1.792, 1.815636, 1.870619, 1.942894 ] }, { "date": "2024-05-24", "close": 1.72, "volume": 324400, "typical_volume": 1470550.0, "trend": 2.053494, "fair_value": 3.20947, "relative_strength": -22.808235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.428195, "energy": 75.77197, "activity_lines": [ 1.765333, 1.794364, 1.851095, 1.919329 ] }, { "date": "2024-05-31", "close": 1.72, "volume": 195600, "typical_volume": 1406355.0, "trend": 2.019064, "fair_value": 3.200603, "relative_strength": -21.11274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.131654, "energy": 74.454161, "activity_lines": [ 1.746667, 1.776545, 1.833571, 1.897813 ] }, { "date": "2024-06-07", "close": 1.74, "volume": 902000, "typical_volume": 1248895.0, "trend": 1.98796, "fair_value": 3.191742, "relative_strength": -18.88803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.735248, "energy": 65.677942, "activity_lines": [ 1.739333, 1.765273, 1.819667, 1.879809 ] }, { "date": "2024-06-14", "close": 1.76, "volume": 2726500, "typical_volume": 1288710.0, "trend": 1.963508, "fair_value": 3.183619, "relative_strength": -15.81381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.254018, "energy": 53.085709, "activity_lines": [ 1.742667, 1.760364, 1.809, 1.865102 ] }, { "date": "2024-06-21", "close": 1.69, "volume": 727400, "typical_volume": 1258330.0, "trend": 1.936723, "fair_value": 3.176024, "relative_strength": -18.707896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.893524, "energy": 52.43506, "activity_lines": [ 1.724667, 1.743636, 1.79281, 1.847456 ] }, { "date": "2024-06-28", "close": 1.7, "volume": 606000, "typical_volume": 1228290.0, "trend": 1.91559, "fair_value": 3.168493, "relative_strength": -17.533289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.034181, "energy": 48.146034, "activity_lines": [ 1.716, 1.732182, 1.778952, 1.832184 ] }, { "date": "2024-07-05", "close": 1.6, "volume": 1466400, "typical_volume": 846545.0, "trend": 1.891789, "fair_value": 3.161176, "relative_strength": -22.636185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.968149, "energy": 57.72474, "activity_lines": [ 1.675333, 1.705091, 1.757, 1.811823 ] }, { "date": "2024-07-12", "close": 1.44, "volume": 2867500, "typical_volume": 881120.0, "trend": 1.866645, "fair_value": 3.152222, "relative_strength": -31.003115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.386743, "energy": 78.428124, "activity_lines": [ 1.589333, 1.652364, 1.722, 1.782675 ] }, { "date": "2024-07-19", "close": 1.2, "volume": 4097300, "typical_volume": 1032955.0, "trend": 1.83749, "fair_value": 3.142463, "relative_strength": -41.371952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.001777, "energy": 96.10196, "activity_lines": [ 1.443333, 1.562545, 1.666714, 1.739666 ] }, { "date": "2024-07-26", "close": 1.37, "volume": 2595300, "typical_volume": 1084235.0, "trend": 1.814667, "fair_value": 3.134891, "relative_strength": -32.124408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.688632, "energy": 88.68268, "activity_lines": [ 1.391333, 1.514364, 1.63119, 1.709505 ] }, { "date": "2024-08-02", "close": 1.39, "volume": 1171200, "typical_volume": 1126750.0, "trend": 1.789667, "fair_value": 3.12818, "relative_strength": -31.018248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.512758, "energy": 85.622791, "activity_lines": [ 1.367333, 1.477273, 1.60019, 1.682108 ] }, { "date": "2024-08-09", "close": 1.31, "volume": 1188000, "typical_volume": 1159915.0, "trend": 1.764, "fair_value": 3.12059, "relative_strength": -33.697124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.51247, "energy": 78.671924, "activity_lines": [ 1.337333, 1.431636, 1.564048, 1.651161 ] }, { "date": "2024-08-16", "close": 1.51, "volume": 21357600, "typical_volume": 2205080.0, "trend": 1.747, "fair_value": 3.112818, "relative_strength": -23.392127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.141511, "energy": 49.562195, "activity_lines": [ 1.393333, 1.429818, 1.549667, 1.634774 ] }, { "date": "2024-08-23", "close": 1.62, "volume": 7686200, "typical_volume": 2554910.0, "trend": 1.734333, "fair_value": 3.105262, "relative_strength": -20.028738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.728084, "energy": 29.897304, "activity_lines": [ 1.481333, 1.452182, 1.547571, 1.626581 ] }, { "date": "2024-08-30", "close": 1.77, "volume": 10617700, "typical_volume": 3065440.0, "trend": 1.727333, "fair_value": 3.097936, "relative_strength": -12.113393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.542, "energy": 16.732654, "activity_lines": [ 1.591333, 1.504364, 1.560667, 1.628882 ] }, { "date": "2024-09-06", "close": 1.72, "volume": 2665100, "typical_volume": 3192040.0, "trend": 1.718, "fair_value": 3.089923, "relative_strength": -17.726706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.669396, "energy": 23.475967, "activity_lines": [ 1.658, 1.546, 1.569524, 1.628409 ] }, { "date": "2024-09-13", "close": 1.7, "volume": 6373100, "typical_volume": 3466460.0, "trend": 1.706, "fair_value": 3.081782, "relative_strength": -17.591423, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.666241, "energy": 22.741117, "activity_lines": [ 1.696, 1.583636, 1.577048, 1.627247 ] }, { "date": "2024-09-20", "close": 1.67, "volume": 2874900, "typical_volume": 3584125.0, "trend": 1.695667, "fair_value": 3.073815, "relative_strength": -19.58607, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.966024, "energy": 25.797923, "activity_lines": [ 1.698, 1.614, 1.582143, 1.624925 ] }, { "date": "2024-09-27", "close": 1.69, "volume": 2828100, "typical_volume": 3711800.0, "trend": 1.687, "fair_value": 3.066464, "relative_strength": -17.589844, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.704753, "energy": 20.503308, "activity_lines": [ 1.696, 1.643818, 1.589762, 1.624559 ] }, { "date": "2024-10-04", "close": 1.59, "volume": 2084200, "typical_volume": 3767725.0, "trend": 1.676, "fair_value": 3.05896, "relative_strength": -21.14391, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.438984, "energy": 10.115779, "activity_lines": [ 1.656, 1.646545, 1.588333, 1.618301 ] }, { "date": "2024-10-11", "close": 1.55, "volume": 1771200, "typical_volume": 3840065.0, "trend": 1.664, "fair_value": 3.051322, "relative_strength": -23.474628, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.156885, "energy": 14.227214, "activity_lines": [ 1.614667, 1.638, 1.584, 1.610172 ] }, { "date": "2024-10-18", "close": 1.51, "volume": 1267600, "typical_volume": 3893665.0, "trend": 1.651667, "fair_value": 3.043183, "relative_strength": -25.473838, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.098442, "energy": 23.814407, "activity_lines": [ 1.571333, 1.619273, 1.576667, 1.600237 ] }, { "date": "2024-10-25", "close": 1.48, "volume": 313300, "typical_volume": 3864230.0, "trend": 1.638, "fair_value": 3.034364, "relative_strength": -24.662845, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.730825, "energy": 33.488439, "activity_lines": [ 1.530667, 1.591455, 1.567476, 1.589161 ] }, { "date": "2024-11-01", "close": 1.44, "volume": 759300, "typical_volume": 3765870.0, "trend": 1.625667, "fair_value": 3.025167, "relative_strength": -25.719782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.896871, "energy": 48.657349, "activity_lines": [ 1.489333, 1.556909, 1.555714, 1.576387 ] }, { "date": "2024-11-08", "close": 1.35, "volume": 835900, "typical_volume": 3771295.0, "trend": 1.608, "fair_value": 3.015148, "relative_strength": -29.358949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.171509, "energy": 67.928989, "activity_lines": [ 1.434667, 1.509273, 1.536905, 1.558602 ] }, { "date": "2024-11-15", "close": 1.28, "volume": 1076100, "typical_volume": 3794800.0, "trend": 1.589333, "fair_value": 3.002484, "relative_strength": -31.110201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.354559, "energy": 81.592335, "activity_lines": [ 1.372667, 1.456545, 1.513048, 1.537441 ] }, { "date": "2024-11-22", "close": 1.26, "volume": 1378900, "typical_volume": 3790425.0, "trend": 1.571667, "fair_value": 2.989082, "relative_strength": -31.423624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.163856, "energy": 85.557204, "activity_lines": [ 1.322, 1.408182, 1.489286, 1.516194 ] }, { "date": "2024-11-29", "close": 1.25, "volume": 1009900, "typical_volume": 3697545.0, "trend": 1.553333, "fair_value": 2.973907, "relative_strength": -30.212565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.859543, "energy": 88.681927, "activity_lines": [ 1.284667, 1.366, 1.46619, 1.495441 ] }, { "date": "2024-12-06", "close": 1.21, "volume": 706100, "typical_volume": 3527985.0, "trend": 1.534, "fair_value": 2.954204, "relative_strength": -32.713301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.559027, "energy": 90.921457, "activity_lines": [ 1.249333, 1.324182, 1.44019, 1.47329 ] }, { "date": "2024-12-13", "close": 1.23, "volume": 785100, "typical_volume": 3437475.0, "trend": 1.515667, "fair_value": 2.935117, "relative_strength": -29.849294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.332796, "energy": 86.968536, "activity_lines": [ 1.236, 1.294727, 1.416048, 1.453677 ] }, { "date": "2024-12-20", "close": 1.18, "volume": 425500, "typical_volume": 3400190.0, "trend": 1.497667, "fair_value": 2.913025, "relative_strength": -28.73253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.252757, "energy": 87.162454, "activity_lines": [ 1.214, 1.262727, 1.38781, 1.432022 ] }, { "date": "2024-12-27", "close": 1.2, "volume": 423800, "typical_volume": 3361980.0, "trend": 1.480333, "fair_value": 2.893502, "relative_strength": -28.734238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.448481, "energy": 72.673771, "activity_lines": [ 1.205333, 1.241091, 1.362476, 1.412817 ] }, { "date": "2025-01-03", "close": 1.19, "volume": 900800, "typical_volume": 2339140.0, "trend": 1.462, "fair_value": 2.872207, "relative_strength": -27.736408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.897454, "energy": 61.97043, "activity_lines": [ 1.197333, 1.223273, 1.336714, 1.394086 ] }, { "date": "2025-01-10", "close": 1.17, "volume": 354900, "typical_volume": 1972575.0, "trend": 1.442333, "fair_value": 2.851027, "relative_strength": -27.356035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.260842, "energy": 62.471888, "activity_lines": [ 1.186667, 1.207091, 1.310571, 1.375247 ] }, { "date": "2025-01-17", "close": 1.16, "volume": 415600, "typical_volume": 1462470.0, "trend": 1.424667, "fair_value": 2.830149, "relative_strength": -25.78475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.266685, "energy": 60.430918, "activity_lines": [ 1.175333, 1.194, 1.285619, 1.357032 ] }, { "date": "2025-01-24", "close": 1.15, "volume": 309000, "typical_volume": 1344665.0, "trend": 1.406333, "fair_value": 2.811648, "relative_strength": -26.411312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.144322, "energy": 59.838363, "activity_lines": [ 1.165333, 1.182545, 1.262619, 1.339312 ] }, { "date": "2025-01-31", "close": 1.11, "volume": 333200, "typical_volume": 1042670.0, "trend": 1.39, "fair_value": 2.793013, "relative_strength": -26.111113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.776182, "energy": 63.647201, "activity_lines": [ 1.144, 1.166182, 1.238524, 1.320194 ] }, { "date": "2025-02-07", "close": 1.08, "volume": 1356600, "typical_volume": 966755.0, "trend": 1.378, "fair_value": 2.77626, "relative_strength": -25.54129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.535035, "energy": 70.762005, "activity_lines": [ 1.118667, 1.147091, 1.214381, 1.300194 ] }, { "date": "2025-02-14", "close": 1.01, "volume": 802900, "typical_volume": 865495.0, "trend": 1.371667, "fair_value": 2.759668, "relative_strength": -28.985096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.189437, "energy": 85.785786, "activity_lines": [ 1.077333, 1.118364, 1.186381, 1.276452 ] }, { "date": "2025-02-21", "close": 1.04, "volume": 378900, "typical_volume": 780230.0, "trend": 1.360667, "fair_value": 2.740584, "relative_strength": -24.602264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.221572, "energy": 83.955149, "activity_lines": [ 1.056667, 1.098727, 1.164476, 1.255054 ] }, { "date": "2025-02-28", "close": 1.02, "volume": 835000, "typical_volume": 733420.0, "trend": 1.348333, "fair_value": 2.722104, "relative_strength": -22.664405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.500086, "energy": 81.921849, "activity_lines": [ 1.037333, 1.078909, 1.143286, 1.233075 ] }, { "date": "2025-03-07", "close": 1.03, "volume": 517800, "typical_volume": 695930.0, "trend": 1.339, "fair_value": 2.704176, "relative_strength": -21.064966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.551265, "energy": 70.576936, "activity_lines": [ 1.03, 1.063818, 1.125571, 1.212538 ] }, { "date": "2025-03-14", "close": 1.0, "volume": 588400, "typical_volume": 709685.0, "trend": 1.322, "fair_value": 2.68508, "relative_strength": -20.779993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.099362, "energy": 66.192988, "activity_lines": [ 1.018, 1.046364, 1.107286, 1.190667 ] }, { "date": "2025-03-21", "close": 0.99, "volume": 950400, "typical_volume": 719240.0, "trend": 1.301, "fair_value": 2.665553, "relative_strength": -21.683491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.325005, "energy": 66.126563, "activity_lines": [ 1.008, 1.030545, 1.090333, 1.169247 ] }, { "date": "2025-03-28", "close": 0.97, "volume": 85400, "typical_volume": 681715.0, "trend": 1.274333, "fair_value": 2.644678, "relative_strength": -21.76544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.032938, "energy": 66.588716, "activity_lines": [ 0.992667, 1.014364, 1.073619, 1.147892 ] }, { "date": "2025-04-04", "close": 0.93, "volume": 326900, "typical_volume": 644255.0, "trend": 1.248, "fair_value": 2.620129, "relative_strength": -20.937229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.201662, "energy": 81.490683, "activity_lines": [ 0.968667, 0.994364, 1.054905, 1.125677 ] }, { "date": "2025-04-11", "close": 0.83, "volume": 741400, "typical_volume": 612380.0, "trend": 1.219, "fair_value": 2.595061, "relative_strength": -28.854692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.710746, "energy": 91.121179, "activity_lines": [ 0.917333, 0.960182, 1.028333, 1.09871 ] }, { "date": "2025-04-18", "close": 0.93, "volume": 2217500, "typical_volume": 672760.0, "trend": 1.194333, "fair_value": 2.569091, "relative_strength": -20.984055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.255714, "energy": 73.181499, "activity_lines": [ 0.912667, 0.949273, 1.013333, 1.080065 ] }, { "date": "2025-04-25", "close": 0.91, "volume": 1738100, "typical_volume": 724360.0, "trend": 1.168333, "fair_value": 2.543751, "relative_strength": -22.445796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.523224, "energy": 64.969441, "activity_lines": [ 0.906, 0.937455, 0.997952, 1.06172 ] }, { "date": "2025-05-02", "close": 1.07, "volume": 21425400, "typical_volume": 1756375.0, "trend": 1.151, "fair_value": 2.521338, "relative_strength": -11.139129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.177015, "energy": 39.164975, "activity_lines": [ 0.958, 0.956545, 0.999238, 1.055376 ] }, { "date": "2025-05-09", "close": 1.13, "volume": 34832200, "typical_volume": 3476710.0, "trend": 1.137, "fair_value": 2.502857, "relative_strength": -6.417235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.506071, "energy": 16.204632, "activity_lines": [ 1.023333, 0.986, 1.007, 1.054022 ] }, { "date": "2025-05-16", "close": 0.91, "volume": 8294800, "typical_volume": 3870260.0, "trend": 1.117, "fair_value": 2.48246, "relative_strength": -22.898159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.03766, "energy": 25.106304, "activity_lines": [ 1.002, 0.973455, 0.994048, 1.039376 ] }, { "date": "2025-05-23", "close": 0.87, "volume": 1972600, "typical_volume": 3923850.0, "trend": 1.096667, "fair_value": 2.460918, "relative_strength": -24.30261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.296414, "energy": 24.432295, "activity_lines": [ 0.962, 0.955818, 0.978667, 1.023441 ] }, { "date": "2025-05-30", "close": 0.75, "volume": 3538200, "typical_volume": 4083015.0, "trend": 1.073667, "fair_value": 2.438735, "relative_strength": -32.367468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.436294, "energy": 47.945126, "activity_lines": [ 0.886, 0.918727, 0.953381, 1.001075 ] }, { "date": "2025-06-06", "close": 0.77, "volume": 5118900, "typical_volume": 4318180.0, "trend": 1.054333, "fair_value": 2.417186, "relative_strength": -28.894982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.46182, "energy": 72.536893, "activity_lines": [ 0.827333, 0.889636, 0.932, 0.981484 ] }, { "date": "2025-06-13", "close": 0.75, "volume": 6155500, "typical_volume": 4610505.0, "trend": 1.036667, "fair_value": 2.39551, "relative_strength": -28.920842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.664085, "energy": 75.462996, "activity_lines": [ 0.782, 0.860545, 0.910571, 0.961849 ] }, { "date": "2025-06-20", "close": 0.74, "volume": 2055600, "typical_volume": 4696625.0, "trend": 1.019333, "fair_value": 2.374656, "relative_strength": -25.333641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.989297, "energy": 75.804885, "activity_lines": [ 0.758667, 0.832909, 0.890095, 0.94271 ] }, { "date": "2025-06-27", "close": 0.69, "volume": 7831600, "typical_volume": 5020375.0, "trend": 1.000667, "fair_value": 2.354369, "relative_strength": -30.364487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.302558, "energy": 71.833951, "activity_lines": [ 0.73, 0.797818, 0.866619, 0.921462 ] }, { "date": "2025-07-04", "close": 0.8, "volume": 15855000, "typical_volume": 5772980.0, "trend": 0.987, "fair_value": 2.337321, "relative_strength": -21.130963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.872512, "energy": 46.452491, "activity_lines": [ 0.75, 0.787091, 0.855476, 0.908516 ] }, { "date": "2025-07-11", "close": 0.85, "volume": 7350200, "typical_volume": 6121545.0, "trend": 0.974333, "fair_value": 2.320087, "relative_strength": -15.712746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.587192, "energy": 36.694423, "activity_lines": [ 0.783333, 0.787455, 0.850095, 0.899677 ] }, { "date": "2025-07-18", "close": 0.86, "volume": 5395100, "typical_volume": 6349550.0, "trend": 0.963667, "fair_value": 2.301396, "relative_strength": -20.423198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.649478, "energy": 24.728533, "activity_lines": [ 0.814667, 0.793636, 0.846571, 0.892301 ] }, { "date": "2025-07-25", "close": 0.81, "volume": 2231000, "typical_volume": 6435210.0, "trend": 0.950667, "fair_value": 2.282385, "relative_strength": -25.085341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.374024, "energy": 19.193711, "activity_lines": [ 0.822, 0.795636, 0.839048, 0.882387 ] }, { "date": "2025-08-01", "close": 0.81, "volume": 3281800, "typical_volume": 6569880.0, "trend": 0.938, "fair_value": 2.262233, "relative_strength": -24.51448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.173865, "energy": 18.721149, "activity_lines": [ 0.824667, 0.799455, 0.832571, 0.873312 ] }, { "date": "2025-08-08", "close": 0.82, "volume": 6258300, "typical_volume": 6835275.0, "trend": 0.926333, "fair_value": 2.241512, "relative_strength": -25.471519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.829364, "energy": 15.835598, "activity_lines": [ 0.822667, 0.806182, 0.827952, 0.865699 ] }, { "date": "2025-08-15", "close": 0.8, "volume": 2483800, "typical_volume": 6955195.0, "trend": 0.914333, "fair_value": 2.220283, "relative_strength": -26.46206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.066099, "energy": 20.860804, "activity_lines": [ 0.812667, 0.808, 0.822238, 0.857548 ] }, { "date": "2025-08-22", "close": 0.8, "volume": 1274200, "typical_volume": 7002560.0, "trend": 0.902667, "fair_value": 2.198927, "relative_strength": -25.179757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.064868, "energy": 24.970767, "activity_lines": [ 0.806, 0.809273, 0.817333, 0.850172 ] }, { "date": "2025-08-29", "close": 0.8, "volume": 2692600, "typical_volume": 7100120.0, "trend": 0.892333, "fair_value": 2.178331, "relative_strength": -23.027189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.780618, "energy": 25.956079, "activity_lines": [ 0.803333, 0.809636, 0.813048, 0.843548 ] }, { "date": "2025-09-05", "close": 0.82, "volume": 6492000, "typical_volume": 7313845.0, "trend": 0.883667, "fair_value": 2.157483, "relative_strength": -21.866509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.49584, "energy": 20.930883, "activity_lines": [ 0.808, 0.812545, 0.81081, 0.838882 ] }, { "date": "2025-09-12", "close": 0.92, "volume": 40430700, "typical_volume": 9248475.0, "trend": 0.880667, "fair_value": 2.137023, "relative_strength": -13.322118, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.805531, "energy": 6.189401, "activity_lines": [ 0.845333, 0.831273, 0.818619, 0.841226 ] }, { "date": "2025-09-19", "close": 0.88, "volume": 11583100, "typical_volume": 8756360.0, "trend": 0.875333, "fair_value": 2.116559, "relative_strength": -16.109557, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.365429, "energy": 13.553526, "activity_lines": [ 0.862667, 0.840545, 0.822571, 0.841183 ] }, { "date": "2025-09-26", "close": 0.87, "volume": 3300200, "typical_volume": 7179760.0, "trend": 0.870333, "fair_value": 2.097299, "relative_strength": -15.181147, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.700448, "energy": 19.806443, "activity_lines": [ 0.871333, 0.847455, 0.826476, 0.840839 ] }, { "date": "2025-10-03", "close": 0.8, "volume": 2383400, "typical_volume": 6884190.0, "trend": 0.862667, "fair_value": 2.07645, "relative_strength": -21.999921, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.131189, "energy": 17.183641, "activity_lines": [ 0.852, 0.841455, 0.824952, 0.836301 ] }, { "date": "2025-10-10", "close": 0.79, "volume": 1788300, "typical_volume": 6874975.0, "trend": 0.855667, "fair_value": 2.056043, "relative_strength": -21.741959, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.072818, "energy": 16.116866, "activity_lines": [ 0.829333, 0.833818, 0.823, 0.831613 ] }, { "date": "2025-10-17", "close": 0.72, "volume": 1191300, "typical_volume": 6757630.0, "trend": 0.846667, "fair_value": 2.034935, "relative_strength": -27.183035, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.928491, "energy": 41.829459, "activity_lines": [ 0.785333, 0.813818, 0.814762, 0.82286 ] }, { "date": "2025-10-24", "close": 0.72, "volume": 1160100, "typical_volume": 6559690.0, "trend": 0.838333, "fair_value": 2.013953, "relative_strength": -28.540237, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.292386, "energy": 60.153201, "activity_lines": [ 0.754667, 0.795636, 0.806667, 0.814688 ] }, { "date": "2025-10-31", "close": 0.7, "volume": 1244500, "typical_volume": 6314140.0, "trend": 0.830667, "fair_value": 1.992969, "relative_strength": -29.497513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.842554, "energy": 71.825601, "activity_lines": [ 0.728, 0.775273, 0.796905, 0.805763 ] }, { "date": "2025-11-07", "close": 0.72, "volume": 910400, "typical_volume": 6256880.0, "trend": 0.827, "fair_value": 1.972368, "relative_strength": -26.427639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.499996, "energy": 70.408723, "activity_lines": [ 0.719333, 0.760364, 0.789286, 0.798624 ] }, { "date": "2025-11-14", "close": 0.7, "volume": 540800, "typical_volume": 5892340.0, "trend": 0.819333, "fair_value": 1.952778, "relative_strength": -25.938297, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.306428, "energy": 67.984099, "activity_lines": [ 0.709333, 0.743273, 0.779857, 0.79043 ] }, { "date": "2025-11-21", "close": 0.71, "volume": 3868900, "typical_volume": 5293035.0, "trend": 0.812667, "fair_value": 1.933759, "relative_strength": -23.386566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.789463, "energy": 54.377516, "activity_lines": [ 0.708667, 0.730182, 0.771333, 0.783376 ] }, { "date": "2025-11-28", "close": 0.7, "volume": 483300, "typical_volume": 4949690.0, "trend": 0.800333, "fair_value": 1.91379, "relative_strength": -23.972725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.725937, "energy": 43.905166, "activity_lines": [ 0.705333, 0.719091, 0.762286, 0.776108 ] }, { "date": "2025-12-05", "close": 0.7, "volume": 531200, "typical_volume": 4706495.0, "trend": 0.786, "fair_value": 1.89382, "relative_strength": -24.429228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.654294, "energy": 42.515032, "activity_lines": [ 0.703333, 0.711273, 0.753952, 0.769634 ] }, { "date": "2025-12-12", "close": 0.71, "volume": 965000, "typical_volume": 4643195.0, "trend": 0.779333, "fair_value": 1.874295, "relative_strength": -21.539487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.381578, "energy": 41.94212, "activity_lines": [ 0.704667, 0.708364, 0.747333, 0.764731 ] }, { "date": "2025-12-19", "close": 0.68, "volume": 637500, "typical_volume": 4510980.0, "trend": 0.773, "fair_value": 1.854704, "relative_strength": -24.089916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.357302, "energy": 55.022983, "activity_lines": [ 0.696667, 0.701636, 0.738333, 0.758323 ] }, { "date": "2025-12-26", "close": 0.69, "volume": 400100, "typical_volume": 4218070.0, "trend": 0.771, "fair_value": 1.834796, "relative_strength": -22.765341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.893543, "energy": 54.369654, "activity_lines": [ 0.693333, 0.698727, 0.730905, 0.752968 ] }, { "date": "2026-01-02", "close": 0.7, "volume": 50100, "typical_volume": 4096385.0, "trend": 0.768667, "fair_value": 1.81546, "relative_strength": -21.022062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.773052, "energy": 54.499277, "activity_lines": [ 0.694667, 0.698182, 0.725048, 0.748387 ] }, { "date": "2026-01-09", "close": 0.68, "volume": 690500, "typical_volume": 4067200.0, "trend": 0.766333, "fair_value": 1.794602, "relative_strength": -22.27217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.210341, "energy": 57.457371, "activity_lines": [ 0.689333, 0.694364, 0.717762, 0.742667 ] }, { "date": "2026-01-16", "close": 0.66, "volume": 1167700, "typical_volume": 3990955.0, "trend": 0.763667, "fair_value": 1.773742, "relative_strength": -25.11229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.014236, "energy": 56.505029, "activity_lines": [ 0.678667, 0.687273, 0.709143, 0.735806 ] }, { "date": "2026-01-23", "close": 0.65, "volume": 2691300, "typical_volume": 3800920.0, "trend": 0.762333, "fair_value": 1.753072, "relative_strength": -27.709702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.398346, "energy": 63.012992, "activity_lines": [ 0.668, 0.679455, 0.700238, 0.728473 ] }, { "date": "2026-01-30", "close": 0.6, "volume": 2198300, "typical_volume": 1889300.0, "trend": 0.755667, "fair_value": 1.732081, "relative_strength": -33.098915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.4699, "energy": 82.470714, "activity_lines": [ 0.642667, 0.663455, 0.687381, 0.718 ] }, { "date": "2026-02-06", "close": 0.61, "volume": 2185500, "typical_volume": 1419420.0, "trend": 0.747667, "fair_value": 1.711028, "relative_strength": -32.659943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.423597, "energy": 82.88721, "activity_lines": [ 0.626667, 0.651273, 0.677, 0.708602 ] }, { "date": "2026-02-13", "close": 0.66, "volume": 5105500, "typical_volume": 1509685.0, "trend": 0.741, "fair_value": 1.692576, "relative_strength": -30.366144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.774099, "energy": 68.751445, "activity_lines": [ 0.633333, 0.649818, 0.672667, 0.702946 ] }, { "date": "2026-02-20", "close": 0.67, "volume": 5142200, "typical_volume": 1647625.0, "trend": 0.736333, "fair_value": 1.673427, "relative_strength": -30.900698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.740731, "energy": 49.359883, "activity_lines": [ 0.644667, 0.650909, 0.670286, 0.698366 ] }, { "date": "2026-02-27", "close": 0.64, "volume": 2573500, "typical_volume": 1686885.0, "trend": 0.730667, "fair_value": 1.65472, "relative_strength": -35.277469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.662881, "energy": 40.508918, "activity_lines": [ 0.645333, 0.647273, 0.665667, 0.692151 ] }, { "date": "2026-03-06", "close": 0.62, "volume": 1775900, "typical_volume": 1716115.0, "trend": 0.724, "fair_value": 1.636646, "relative_strength": -31.205883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.047856, "energy": 36.858435, "activity_lines": [ 0.64, 0.640727, 0.659857, 0.685011 ] }, { "date": "2026-03-13", "close": 0.65, "volume": 940500, "typical_volume": 1705135.0, "trend": 0.719, "fair_value": 1.619523, "relative_strength": -26.966079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.42163, "energy": 27.861343, "activity_lines": [ 0.643333, 0.640909, 0.657381, 0.680237 ] }, { "date": "2026-03-20", "close": 0.63, "volume": 460000, "typical_volume": 1665910.0, "trend": 0.713333, "fair_value": 1.602146, "relative_strength": -29.534131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.411928, "energy": 35.555177, "activity_lines": [ 0.637333, 0.638364, 0.653333, 0.674495 ] }, { "date": "2026-03-27", "close": 0.62, "volume": 325400, "typical_volume": 1636660.0, "trend": 0.707333, "fair_value": 1.584832, "relative_strength": -30.476209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.553867, "energy": 37.916362, "activity_lines": [ 0.63, 0.634909, 0.648667, 0.668473 ] }, { "date": "2026-04-03", "close": 0.63, "volume": 562700, "typical_volume": 1637755.0, "trend": 0.701, "fair_value": 1.567961, "relative_strength": -28.819106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.641998, "energy": 32.466457, "activity_lines": [ 0.629333, 0.634, 0.645429, 0.663484 ] }, { "date": "2026-04-10", "close": 0.63, "volume": 1855000, "typical_volume": 1537060.0, "trend": 0.691333, "fair_value": 1.5509, "relative_strength": -30.619718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.230199, "energy": 30.818682, "activity_lines": [ 0.629333, 0.633455, 0.642524, 0.658903 ] }, { "date": "2026-04-17", "close": 0.63, "volume": 106100, "typical_volume": 1518200.0, "trend": 0.683, "fair_value": 1.53499, "relative_strength": -28.605495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.469915, "energy": 29.520094, "activity_lines": [ 0.628667, 0.632364, 0.64, 0.654946 ] }, { "date": "2026-04-24", "close": 0.61, "volume": 2247400, "typical_volume": 1604010.0, "trend": 0.674333, "fair_value": 1.519719, "relative_strength": -28.778335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.87424, "energy": 31.559911, "activity_lines": [ 0.622667, 0.627273, 0.635905, 0.650237 ] }, { "date": "2026-05-01", "close": 0.6, "volume": 439200, "typical_volume": 1577720.0, "trend": 0.667667, "fair_value": 1.504512, "relative_strength": -30.595332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.768064, "energy": 36.551871, "activity_lines": [ 0.614667, 0.621273, 0.631286, 0.645441 ] }, { "date": "2026-05-08", "close": 0.61, "volume": 832600, "typical_volume": 1587475.0, "trend": 0.661667, "fair_value": 1.488857, "relative_strength": -28.501253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.553796, "energy": 41.676568, "activity_lines": [ 0.611333, 0.618364, 0.628143, 0.64172 ] }, { "date": "2026-05-15", "close": 0.62, "volume": 5418900, "typical_volume": 1838415.0, "trend": 0.658333, "fair_value": 1.473778, "relative_strength": -27.30446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.471219, "energy": 35.111551, "activity_lines": [ 0.612667, 0.617818, 0.626286, 0.639032 ] }, { "date": "2026-05-22", "close": 0.59, "volume": 2257000, "typical_volume": 1948760.0, "trend": 0.654, "fair_value": 1.458635, "relative_strength": -30.911432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.529599, "energy": 42.495895, "activity_lines": [ 0.604667, 0.611818, 0.621905, 0.634624 ] }, { "date": "2026-05-29", "close": 0.6, "volume": 2967200, "typical_volume": 2062595.0, "trend": 0.650667, "fair_value": 1.443428, "relative_strength": -30.419801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.784803, "energy": 34.155938, "activity_lines": [ 0.602667, 0.608727, 0.619, 0.63114 ] }, { "date": "2026-06-05", "close": 0.76, "volume": 28115000, "typical_volume": 3409960.0, "trend": 0.652, "fair_value": 1.429758, "relative_strength": -12.0505, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.021646, "energy": 22.97535, "activity_lines": [ 0.654667, 0.635273, 0.631714, 0.638194 ] }, { "date": "2026-06-12", "close": 0.7, "volume": 1883200, "typical_volume": 3369555.0, "trend": 0.652, "fair_value": 1.415831, "relative_strength": -18.839916, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.92461, "energy": 30.204393, "activity_lines": [ 0.676, 0.648364, 0.638238, 0.64129 ] }, { "date": "2026-06-19", "close": 0.73, "volume": 735000, "typical_volume": 3296390.0, "trend": 0.652667, "fair_value": 1.403631, "relative_strength": -13.587711, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.551057, "energy": 55.154235, "activity_lines": [ 0.701333, 0.665636, 0.647381, 0.646323 ] }, { "date": "2026-06-26", "close": 0.72, "volume": 1063500, "typical_volume": 3240290.0, "trend": 0.653333, "fair_value": 1.392262, "relative_strength": -12.570784, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.596217, "energy": 59.739492, "activity_lines": [ 0.716, 0.679273, 0.654952, 0.650667 ] }, { "date": "2026-07-03", "close": 0.71, "volume": 835800, "typical_volume": 3026805.0, "trend": 0.653667, "fair_value": 1.381084, "relative_strength": -16.652303, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.870348, "energy": 67.878468, "activity_lines": [ 0.718667, 0.689455, 0.661048, 0.654323 ] }, { "date": "2026-07-10", "close": 0.78, "volume": 13332400, "typical_volume": 3436315.0, "trend": 0.656, "fair_value": 1.370739, "relative_strength": -8.088282, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.275904, "energy": 74.668966, "activity_lines": [ 0.737333, 0.710545, 0.673571, 0.662473 ] }, { "date": "2026-07-17", "close": 0.98, "volume": 67202000, "typical_volume": 6667740.0, "trend": 0.666, "fair_value": 1.361549, "relative_strength": 14.730743, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.371531, "energy": 84.485899, "activity_lines": [ 0.821333, 0.764727, 0.704619, 0.683376 ] }, { "date": "2026-07-24", "close": 0.99, "volume": 19918000, "typical_volume": 7574845.0, "trend": 0.676, "fair_value": 1.352422, "relative_strength": 15.843001, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.527011, "energy": 89.135253, "activity_lines": [ 0.89, 0.814, 0.735, 0.70428 ] }, { "date": "2026-07-31", "close": 0.96, "volume": 4970200, "typical_volume": 7776330.0, "trend": 0.684667, "fair_value": 1.343359, "relative_strength": 13.913468, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.975408, "energy": 86.481387, "activity_lines": [ 0.931333, 0.851091, 0.760762, 0.722602 ] }, { "date": "2026-08-07", "close": 0.94, "volume": 6097300, "typical_volume": 8058195.0, "trend": 0.693333, "fair_value": 1.333656, "relative_strength": 12.58363, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.808815, "energy": 82.139779, "activity_lines": [ 0.95, 0.877818, 0.783143, 0.739075 ] } ], "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." } } }