{ "ticker": { "uuid": "13473ea3-4108-48fc-a84d-3770fad0a2e9", "symbol": "WAH", "name": "Wolftank Group AG", "exchange": "GER", "country": "DE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GDAXI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.351, "architecture_energy": 75.619, "architecture_maturity": 22.695, "architecture_confidence": 83.022, "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": 9.93, "rotation_up": 9.81, "upward_expansion": 17.42, "deceleration": 37.52, "rotation_down": 75.77, "downward_expansion": 93.09 }, "activity_lines": [ 3.604, 3.766, 4.020952, 4.124645 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 3.67, "trend_reference": 4.236333, "distance_from_trend": -0.133685, "trend_direction": "Weakening", "fair_value": 8.118864, "distance_from_fair_value": -0.547966, "fair_value_direction": "Weakening", "relative_strength": -28.397439, "relative_strength_direction": "Weakening", "price_momentum": -0.146512, "excess_performance": -0.211151, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.133685, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.063794, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.547966, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.094275, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.283974, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.144456, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.146512, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.045983, "read": "Demand-led" } ], "volume": { "latest": 43693, "relative_activity": 2.238296, "balance": 1.045983, "dry_up": 1.556621, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.092014, "annualized_volatility": 0.368449, "from_high_reference": -0.549693, "from_low_reference": 0.139752 }, "levels": { "trend_reference": 4.236333, "fair_value_reference": 8.118864, "structural_low": 3.22, "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": 39, "median_return": -0.018072, "positive_rate": 0.384615, "directional_follow_through": 0.538462, "median_excess_return": -0.021027, "regime_survival": 0.820513, "best_return": 0.242424, "worst_return": -0.224138, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": -0.050889, "positive_rate": 0.357143, "directional_follow_through": 0.642857, "median_excess_return": -0.099935, "regime_survival": 0.571429, "best_return": 0.097902, "worst_return": -0.182759, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.216374, "positive_rate": 0.142857, "directional_follow_through": 0.714286, "median_excess_return": -0.211809, "regime_survival": 0.714286, "best_return": 0.110504, "worst_return": -0.280374, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.216374, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.436958, "regime_survival": 0.333333, "best_return": -0.10891, "worst_return": -0.281407, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-29", "end": "2023-10-20", "tenure": "New", "return": -0.099237, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2024-01-19", "tenure": "Established", "return": -0.017094, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-01-26", "end": "2024-02-16", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-23", "end": "2024-03-22", "tenure": "Developing", "return": -0.094017, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-29", "end": "2024-05-31", "tenure": "Developing", "return": 0.109091, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-06-07", "end": "2024-07-05", "tenure": "Developing", "return": -0.08, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-07-26", "tenure": "New", "return": -0.105263, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-02", "end": "2025-07-25", "tenure": "Extended", "return": -0.27619, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": -0.006369, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": -0.077419, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": -0.147059, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2026-04-24", "tenure": "Extended", "return": -0.231034, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-26", "tenure": "Developing", "return": -0.182004, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.068528, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.074576, "volume": 9716, "typical_volume": 10249.45, "trend": 12.368136, "fair_value": 12.507106, "relative_strength": -17.25441, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.502878, "energy": 29.735078, "activity_lines": [ 12.008135, 12.297689, 12.301889, 12.296687 ] }, { "date": "2023-08-25", "close": 10.616949, "volume": 5509, "typical_volume": 10104.15, "trend": 12.307119, "fair_value": 12.528618, "relative_strength": -20.149473, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.981429, "energy": 61.991483, "activity_lines": [ 11.477288, 11.979846, 12.146731, 12.183707 ] }, { "date": "2023-09-01", "close": 11.166101, "volume": 12284, "typical_volume": 10659.8, "trend": 12.249153, "fair_value": 12.548175, "relative_strength": -16.288694, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.056919, "energy": 64.995916, "activity_lines": [ 11.239322, 11.78681, 12.051283, 12.110093 ] }, { "date": "2023-09-08", "close": 12.081356, "volume": 4939, "typical_volume": 10750.9, "trend": 12.197288, "fair_value": 12.577119, "relative_strength": -8.084619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.17685, "energy": 59.009823, "activity_lines": [ 11.416271, 11.770169, 12.046053, 12.099267 ] }, { "date": "2023-09-15", "close": 12.99661, "volume": 10816, "typical_volume": 11130.65, "trend": 12.194237, "fair_value": 12.612712, "relative_strength": -1.27166, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.372101, "energy": 14.234227, "activity_lines": [ 11.941017, 11.938243, 12.128426, 12.150837 ] }, { "date": "2023-09-22", "close": 12.172881, "volume": 21639, "typical_volume": 12060.3, "trend": 12.174407, "fair_value": 12.644198, "relative_strength": -4.631679, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.438451, "energy": 15.387476, "activity_lines": [ 12.136271, 11.951556, 12.12799, 12.149459 ] }, { "date": "2023-09-29", "close": 11.989831, "volume": 7634, "typical_volume": 12375.0, "trend": 12.165254, "fair_value": 12.67412, "relative_strength": -4.254534, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.55199, "energy": 13.41498, "activity_lines": [ 12.197288, 11.948228, 12.107506, 12.137551 ] }, { "date": "2023-10-06", "close": 11.715255, "volume": 4830, "typical_volume": 11759.7, "trend": 12.142373, "fair_value": 12.70189, "relative_strength": -4.866176, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.447056, "energy": 18.88059, "activity_lines": [ 12.075255, 11.899969, 12.060436, 12.108518 ] }, { "date": "2023-10-13", "close": 11.349153, "volume": 3271, "typical_volume": 11623.7, "trend": 12.111864, "fair_value": 12.728488, "relative_strength": -6.976027, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.493855, "energy": 28.668094, "activity_lines": [ 11.794577, 11.805116, 11.982857, 12.057343 ] }, { "date": "2023-10-20", "close": 10.8, "volume": 7793, "typical_volume": 11906.45, "trend": 12.072203, "fair_value": 12.751564, "relative_strength": -8.533519, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.026103, "energy": 56.080423, "activity_lines": [ 11.379661, 11.635378, 11.858208, 11.972706 ] }, { "date": "2023-10-27", "close": 11.7, "volume": 3495, "typical_volume": 11753.0, "trend": 12.050339, "fair_value": 12.781975, "relative_strength": 0.234237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.308278, "energy": 48.528297, "activity_lines": [ 11.411187, 11.654237, 11.82494, 11.948693 ] }, { "date": "2023-11-03", "close": 12.1, "volume": 2158, "typical_volume": 11334.35, "trend": 12.04791, "fair_value": 12.814559, "relative_strength": 0.581214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.163166, "energy": 34.842777, "activity_lines": [ 11.607571, 11.734453, 11.833325, 11.951897 ] }, { "date": "2023-11-10", "close": 12.0, "volume": 170, "typical_volume": 10966.45, "trend": 12.05435, "fair_value": 12.84259, "relative_strength": -0.349793, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.975355, "energy": 19.015073, "activity_lines": [ 11.763277, 11.769522, 11.831663, 11.948806 ] }, { "date": "2023-11-17", "close": 11.7, "volume": 1689, "typical_volume": 9535.4, "trend": 12.038588, "fair_value": 12.869481, "relative_strength": -6.853535, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.821795, "energy": 17.143223, "activity_lines": [ 11.8, 11.734885, 11.800073, 11.925945 ] }, { "date": "2023-11-24", "close": 11.7, "volume": 6333, "typical_volume": 9495.95, "trend": 12.025876, "fair_value": 12.901847, "relative_strength": -7.309324, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.727436, "energy": 15.918208, "activity_lines": [ 11.813333, 11.70718, 11.775093, 11.904101 ] }, { "date": "2023-12-01", "close": 11.7, "volume": 7832, "typical_volume": 8054.45, "trend": 12.028418, "fair_value": 12.936169, "relative_strength": -9.176894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.521502, "energy": 12.97178, "activity_lines": [ 11.766667, 11.703051, 11.75498, 11.883076 ] }, { "date": "2023-12-08", "close": 11.3, "volume": 7900, "typical_volume": 7157.5, "trend": 12.008475, "fair_value": 12.961669, "relative_strength": -13.749757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.352033, "energy": 30.530845, "activity_lines": [ 11.586667, 11.634792, 11.703382, 11.836082 ] }, { "date": "2023-12-15", "close": 10.4, "volume": 11426, "typical_volume": 7217.3, "trend": 11.934124, "fair_value": 12.977488, "relative_strength": -20.086884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.13695, "energy": 61.116867, "activity_lines": [ 11.16, 11.415439, 11.570662, 11.732309 ] }, { "date": "2023-12-22", "close": 10.5, "volume": 19919, "typical_volume": 7535.15, "trend": 11.869209, "fair_value": 12.995122, "relative_strength": -18.700018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.077621, "energy": 69.732446, "activity_lines": [ 10.873333, 11.238182, 11.458959, 11.639785 ] }, { "date": "2023-12-29", "close": 10.5, "volume": 10056, "typical_volume": 7970.45, "trend": 11.819548, "fair_value": 13.0108, "relative_strength": -18.384889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.869108, "energy": 72.399737, "activity_lines": [ 10.666667, 11.076364, 11.357837, 11.551449 ] }, { "date": "2024-01-05", "close": 12.9, "volume": 20941, "typical_volume": 8531.7, "trend": 11.834633, "fair_value": 13.039124, "relative_strength": 1.370866, "stage": 2, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.554586, "energy": 19.231263, "activity_lines": [ 11.34, 11.356364, 11.493253, 11.621155 ] }, { "date": "2024-01-12", "close": 12.6, "volume": 4840, "typical_volume": 8498.25, "trend": 11.854972, "fair_value": 13.063179, "relative_strength": -1.488285, "stage": 2, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.323511, "energy": 11.658991, "activity_lines": [ 11.833333, 11.56, 11.591404, 11.670534 ] }, { "date": "2024-01-19", "close": 11.5, "volume": 8839, "typical_volume": 8326.0, "trend": 11.847797, "fair_value": 13.082138, "relative_strength": -9.000055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": -5.986941, "energy": 15.734234, "activity_lines": [ 11.873333, 11.554545, 11.575351, 11.647633 ] }, { "date": "2024-01-26", "close": 12.0, "volume": 10609, "typical_volume": 8609.5, "trend": 11.811525, "fair_value": 13.103129, "relative_strength": -7.0507, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 9.635125, "energy": 22.373661, "activity_lines": [ 12.006667, 11.649091, 11.605327, 11.657452 ] }, { "date": "2024-02-02", "close": 12.6, "volume": 8216, "typical_volume": 8479.5, "trend": 11.807458, "fair_value": 13.126402, "relative_strength": -1.933396, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.558177, "energy": 33.782643, "activity_lines": [ 12.24, 11.847273, 11.692833, 11.708322 ] }, { "date": "2024-02-09", "close": 12.4, "volume": 8639, "typical_volume": 7829.5, "trend": 11.78452, "fair_value": 13.14761, "relative_strength": -3.149087, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.65186, "energy": 28.437908, "activity_lines": [ 12.266667, 11.992727, 11.76318, 11.74655 ] }, { "date": "2024-02-16", "close": 12.0, "volume": 12518, "typical_volume": 8073.7, "trend": 11.775706, "fair_value": 13.170165, "relative_strength": -6.977438, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.545605, "energy": 20.241413, "activity_lines": [ 12.193333, 12.052727, 11.79435, 11.760452 ] }, { "date": "2024-02-23", "close": 11.7, "volume": 5376, "typical_volume": 8101.0, "trend": 11.738588, "fair_value": 13.191189, "relative_strength": -10.491631, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.821762, "energy": 22.435953, "activity_lines": [ 12.06, 12.045455, 11.796901, 11.755568 ] }, { "date": "2024-03-01", "close": 12.4, "volume": 7849, "typical_volume": 8329.9, "trend": 11.727853, "fair_value": 13.221784, "relative_strength": -6.614479, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.067552, "energy": 24.076217, "activity_lines": [ 12.146667, 12.141818, 11.86619, 11.798239 ] }, { "date": "2024-03-08", "close": 11.4, "volume": 23634, "typical_volume": 9121.95, "trend": 11.70209, "fair_value": 13.242449, "relative_strength": -14.167034, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.429601, "energy": 11.405055, "activity_lines": [ 11.873333, 12.021818, 11.835238, 11.777088 ] }, { "date": "2024-03-15", "close": 10.4, "volume": 20551, "typical_volume": 9974.75, "trend": 11.679605, "fair_value": 13.257877, "relative_strength": -21.723391, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.24524, "energy": 19.943921, "activity_lines": [ 11.346667, 11.703636, 11.70619, 11.693082 ] }, { "date": "2024-03-22", "close": 10.6, "volume": 4047, "typical_volume": 10069.2, "trend": 11.67904, "fair_value": 13.275761, "relative_strength": -20.947905, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.690322, "energy": 44.341268, "activity_lines": [ 11.02, 11.467273, 11.602381, 11.62343 ] }, { "date": "2024-03-29", "close": 11.0, "volume": 1738, "typical_volume": 10147.6, "trend": 11.673503, "fair_value": 13.292297, "relative_strength": -18.821069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.54027, "energy": 45.066473, "activity_lines": [ 10.92, 11.34, 11.54381, 11.579621 ] }, { "date": "2024-04-05", "close": 10.9, "volume": 7038, "typical_volume": 10415.05, "trend": 11.634124, "fair_value": 13.30741, "relative_strength": -17.764064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.249487, "energy": 53.685784, "activity_lines": [ 10.833333, 11.203636, 11.480476, 11.529718 ] }, { "date": "2024-04-12", "close": 10.6, "volume": 4227, "typical_volume": 10309.75, "trend": 11.554237, "fair_value": 13.312386, "relative_strength": -18.601674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.467517, "energy": 51.585943, "activity_lines": [ 10.746667, 11.032727, 11.392381, 11.463 ] }, { "date": "2024-04-19", "close": 10.5, "volume": 1294, "typical_volume": 9982.85, "trend": 11.498475, "fair_value": 13.31281, "relative_strength": -18.11406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.982897, "energy": 48.112586, "activity_lines": [ 10.68, 10.88, 11.3, 11.394985 ] }, { "date": "2024-04-26", "close": 9.9, "volume": 9143, "typical_volume": 10045.0, "trend": 11.428814, "fair_value": 13.303129, "relative_strength": -24.1633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.824261, "energy": 59.232206, "activity_lines": [ 10.406667, 10.652727, 11.15619, 11.291857 ] }, { "date": "2024-05-03", "close": 9.7, "volume": 3068, "typical_volume": 9627.1, "trend": 11.361638, "fair_value": 13.29686, "relative_strength": -24.65555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.533366, "energy": 66.204211, "activity_lines": [ 10.113333, 10.427273, 11.0, 11.180321 ] }, { "date": "2024-05-10", "close": 9.65, "volume": 8907, "typical_volume": 9076.5, "trend": 11.305, "fair_value": 13.28675, "relative_strength": -27.66896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.733859, "energy": 71.63149, "activity_lines": [ 9.89, 10.229091, 10.842381, 11.069892 ] }, { "date": "2024-05-17", "close": 11.8, "volume": 113901, "typical_volume": 14268.75, "trend": 11.338333, "fair_value": 13.290032, "relative_strength": -10.880057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.832155, "energy": 28.971774, "activity_lines": [ 10.466667, 10.471818, 10.893571, 11.101828 ] }, { "date": "2024-05-24", "close": 12.3, "volume": 51287, "typical_volume": 15786.05, "trend": 11.358333, "fair_value": 13.2973, "relative_strength": -6.742933, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.663677, "energy": 10.097796, "activity_lines": [ 11.13, 10.798182, 10.98619, 11.163871 ] }, { "date": "2024-05-31", "close": 12.2, "volume": 12785, "typical_volume": 16183.3, "trend": 11.361667, "fair_value": 13.304319, "relative_strength": -6.300566, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 13.841318, "energy": 24.188934, "activity_lines": [ 11.64, 11.071818, 11.072143, 11.218172 ] }, { "date": "2024-06-07", "close": 12.5, "volume": 24075, "typical_volume": 16945.1, "trend": 11.378333, "fair_value": 13.312478, "relative_strength": -4.02331, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.471456, "energy": 38.622578, "activity_lines": [ 12.096667, 11.370909, 11.188571, 11.291613 ] }, { "date": "2024-06-14", "close": 12.3, "volume": 10328, "typical_volume": 16931.05, "trend": 11.398333, "fair_value": 13.318573, "relative_strength": -2.513194, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.371297, "energy": 55.722687, "activity_lines": [ 12.3, 11.606364, 11.28119, 11.351075 ] }, { "date": "2024-06-21", "close": 12.3, "volume": 7570, "typical_volume": 16898.75, "trend": 11.418333, "fair_value": 13.324277, "relative_strength": -3.212983, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.123644, "energy": 58.645846, "activity_lines": [ 12.326667, 11.816364, 11.372381, 11.409247 ] }, { "date": "2024-06-28", "close": 12.0, "volume": 7721, "typical_volume": 16852.85, "trend": 11.428333, "fair_value": 13.329623, "relative_strength": -5.550323, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 49.200373, "energy": 55.172502, "activity_lines": [ 12.22, 11.940909, 11.436429, 11.446774 ] }, { "date": "2024-07-05", "close": 11.5, "volume": 9050, "typical_volume": 16679.45, "trend": 11.435, "fair_value": 13.332937, "relative_strength": -10.183338, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 50.775902, "energy": 29.972675, "activity_lines": [ 11.966667, 11.947273, 11.454762, 11.451398 ] }, { "date": "2024-07-12", "close": 11.4, "volume": 5376, "typical_volume": 16679.45, "trend": 11.468333, "fair_value": 13.333263, "relative_strength": -11.758537, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 5.188261, "energy": 6.198336, "activity_lines": [ 11.726667, 11.906364, 11.465952, 11.44914 ] }, { "date": "2024-07-19", "close": 10.8, "volume": 3329, "typical_volume": 16453.45, "trend": 11.478333, "fair_value": 13.327396, "relative_strength": -13.355788, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.78394, "energy": 16.649656, "activity_lines": [ 11.36, 11.725455, 11.421429, 11.406022 ] }, { "date": "2024-07-26", "close": 10.2, "volume": 3684, "typical_volume": 15455.95, "trend": 11.468333, "fair_value": 13.314749, "relative_strength": -18.749993, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -47.732685, "energy": 35.824847, "activity_lines": [ 10.893333, 11.414545, 11.327381, 11.323548 ] }, { "date": "2024-08-02", "close": 10.5, "volume": 2674, "typical_volume": 14562.1, "trend": 11.388333, "fair_value": 13.304025, "relative_strength": -12.276043, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.253458, "energy": 41.601834, "activity_lines": [ 10.666667, 11.187273, 11.267619, 11.261075 ] }, { "date": "2024-08-09", "close": 10.1, "volume": 3732, "typical_volume": 14546.35, "trend": 11.305, "fair_value": 13.291911, "relative_strength": -15.433996, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.11231, "energy": 60.130453, "activity_lines": [ 10.406667, 10.92, 11.169286, 11.177957 ] }, { "date": "2024-08-16", "close": 9.5, "volume": 13486, "typical_volume": 15133.75, "trend": 11.238333, "fair_value": 13.275951, "relative_strength": -22.635196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.918225, "energy": 77.197265, "activity_lines": [ 10.04, 10.581818, 11.01619, 11.061505 ] }, { "date": "2024-08-23", "close": 9.6, "volume": 3329, "typical_volume": 14948.3, "trend": 11.158333, "fair_value": 13.262978, "relative_strength": -22.761009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.195392, "energy": 77.738158, "activity_lines": [ 9.833333, 10.316364, 10.879762, 10.955806 ] }, { "date": "2024-08-30", "close": 9.95, "volume": 4889, "typical_volume": 14981.4, "trend": 11.07, "fair_value": 13.249316, "relative_strength": -20.695941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.117788, "energy": 71.155112, "activity_lines": [ 9.823333, 10.163636, 10.782857, 10.877849 ] }, { "date": "2024-09-06", "close": 9.75, "volume": 1400, "typical_volume": 14986.7, "trend": 10.981667, "fair_value": 13.230264, "relative_strength": -19.171058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.688923, "energy": 70.49903, "activity_lines": [ 9.763333, 10.017273, 10.67, 10.792688 ] }, { "date": "2024-09-13", "close": 9.75, "volume": 1572, "typical_volume": 14608.15, "trend": 10.906667, "fair_value": 13.210626, "relative_strength": -20.199305, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.91145, "energy": 56.073897, "activity_lines": [ 9.753333, 9.911818, 10.560714, 10.713226 ] }, { "date": "2024-09-20", "close": 9.55, "volume": 5182, "typical_volume": 14713.85, "trend": 10.835, "fair_value": 13.182665, "relative_strength": -21.291475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.066625, "energy": 47.215392, "activity_lines": [ 9.7, 9.801818, 10.433095, 10.625699 ] }, { "date": "2024-09-27", "close": 10.7, "volume": 10218, "typical_volume": 14779.4, "trend": 10.778333, "fair_value": 13.156209, "relative_strength": -14.644346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.299036, "energy": 28.263386, "activity_lines": [ 10.026667, 9.934545, 10.415714, 10.616989 ] }, { "date": "2024-10-04", "close": 10.6, "volume": 5949, "typical_volume": 9381.8, "trend": 10.751667, "fair_value": 13.128526, "relative_strength": -13.325967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.882271, "energy": 19.801976, "activity_lines": [ 10.246667, 10.050909, 10.38381, 10.605484 ] }, { "date": "2024-10-11", "close": 9.85, "volume": 2142, "typical_volume": 6924.55, "trend": 10.733333, "fair_value": 13.094274, "relative_strength": -19.934839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.15698, "energy": 22.221491, "activity_lines": [ 10.173333, 10.023636, 10.28619, 10.547312 ] }, { "date": "2024-10-18", "close": 10.0, "volume": 5696, "typical_volume": 6570.1, "trend": 10.713333, "fair_value": 13.070372, "relative_strength": -19.348011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.861451, "energy": 22.213555, "activity_lines": [ 10.143333, 10.035455, 10.214524, 10.5 ] }, { "date": "2024-10-25", "close": 9.6, "volume": 2477, "typical_volume": 5490.2, "trend": 10.666667, "fair_value": 13.033931, "relative_strength": -21.073215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.968945, "energy": 33.205674, "activity_lines": [ 9.963333, 9.976364, 10.115238, 10.428172 ] }, { "date": "2024-11-01", "close": 9.55, "volume": 4847, "typical_volume": 5216.15, "trend": 10.621667, "fair_value": 12.982502, "relative_strength": -19.892481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.152822, "energy": 45.845082, "activity_lines": [ 9.763333, 9.906364, 10.025, 10.356129 ] }, { "date": "2024-11-08", "close": 8.95, "volume": 8917, "typical_volume": 5283.5, "trend": 10.566667, "fair_value": 12.929574, "relative_strength": -24.011312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.084632, "energy": 66.308386, "activity_lines": [ 9.44, 9.728182, 9.890714, 10.24828 ] }, { "date": "2024-11-15", "close": 8.5, "volume": 7889, "typical_volume": 5291.9, "trend": 10.5, "fair_value": 12.868481, "relative_strength": -27.145838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.150241, "energy": 81.622031, "activity_lines": [ 9.076667, 9.486364, 9.729524, 10.114946 ] }, { "date": "2024-11-22", "close": 7.5, "volume": 13275, "typical_volume": 5503.15, "trend": 10.42, "fair_value": 12.800978, "relative_strength": -35.389591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.462843, "energy": 91.803273, "activity_lines": [ 8.47, 9.085455, 9.489762, 9.921398 ] }, { "date": "2024-11-29", "close": 8.35, "volume": 10160, "typical_volume": 5742.35, "trend": 10.375, "fair_value": 12.74655, "relative_strength": -28.521602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.7455, "energy": 83.698986, "activity_lines": [ 8.313333, 8.88, 9.35, 9.787849 ] }, { "date": "2024-12-06", "close": 8.25, "volume": 22406, "typical_volume": 6696.2, "trend": 10.328333, "fair_value": 12.692069, "relative_strength": -31.406924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.194154, "energy": 81.054059, "activity_lines": [ 8.206667, 8.678182, 9.215238, 9.650753 ] }, { "date": "2024-12-13", "close": 7.9, "volume": 7838, "typical_volume": 6903.9, "trend": 10.198333, "fair_value": 12.636517, "relative_strength": -33.881907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.359378, "energy": 76.296619, "activity_lines": [ 8.07, 8.457273, 9.059286, 9.494086 ] }, { "date": "2024-12-20", "close": 8.2, "volume": 16911, "typical_volume": 7615.75, "trend": 10.061667, "fair_value": 12.582301, "relative_strength": -29.068855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.489175, "energy": 54.211693, "activity_lines": [ 8.103333, 8.34, 8.942857, 9.365161 ] }, { "date": "2024-12-27", "close": 8.05, "volume": 3460, "typical_volume": 7602.15, "trend": 9.923333, "fair_value": 12.527711, "relative_strength": -30.196136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.170878, "energy": 56.545416, "activity_lines": [ 8.106667, 8.225455, 8.823095, 9.235376 ] }, { "date": "2025-01-03", "close": 9.1, "volume": 8107, "typical_volume": 7333.2, "trend": 9.81, "fair_value": 12.478091, "relative_strength": -19.926613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.397651, "energy": 37.97699, "activity_lines": [ 8.423333, 8.337273, 8.813095, 9.182258 ] }, { "date": "2025-01-10", "close": 9.2, "volume": 5521, "typical_volume": 7442.8, "trend": 9.706667, "fair_value": 12.426766, "relative_strength": -19.471436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.750704, "energy": 22.225181, "activity_lines": [ 8.723333, 8.476364, 8.814524, 9.142903 ] }, { "date": "2025-01-17", "close": 8.8, "volume": 6756, "typical_volume": 7536.15, "trend": 9.59, "fair_value": 12.378743, "relative_strength": -24.809945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.930474, "energy": 23.90989, "activity_lines": [ 8.826667, 8.549091, 8.779762, 9.084409 ] }, { "date": "2025-01-24", "close": 7.9, "volume": 12238, "typical_volume": 8078.05, "trend": 9.453333, "fair_value": 12.326711, "relative_strength": -33.275438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.18667, "energy": 27.449473, "activity_lines": [ 8.57, 8.460909, 8.664762, 8.975376 ] }, { "date": "2025-01-31", "close": 7.95, "volume": 3100, "typical_volume": 8154.45, "trend": 9.335, "fair_value": 12.272067, "relative_strength": -33.01263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.997068, "energy": 35.084538, "activity_lines": [ 8.35, 8.392727, 8.563333, 8.878387 ] }, { "date": "2025-02-07", "close": 7.85, "volume": 2400, "typical_volume": 8015.35, "trend": 9.216667, "fair_value": 12.217367, "relative_strength": -33.14564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.952602, "energy": 48.254749, "activity_lines": [ 8.103333, 8.298182, 8.460952, 8.782581 ] }, { "date": "2025-02-14", "close": 7.65, "volume": 10613, "typical_volume": 8035.1, "trend": 9.111667, "fair_value": 12.161973, "relative_strength": -36.127793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.381269, "energy": 69.952739, "activity_lines": [ 7.873333, 8.176364, 8.347619, 8.681505 ] }, { "date": "2025-02-21", "close": 7.55, "volume": 6121, "typical_volume": 8043.7, "trend": 9.023333, "fair_value": 12.105351, "relative_strength": -35.548282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.913379, "energy": 77.202019, "activity_lines": [ 7.713333, 8.047273, 8.239286, 8.580753 ] }, { "date": "2025-02-28", "close": 7.95, "volume": 10245, "typical_volume": 8448.85, "trend": 8.938333, "fair_value": 12.054813, "relative_strength": -32.066068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.171436, "energy": 71.074003, "activity_lines": [ 7.77, 7.997273, 8.183571, 8.511505 ] }, { "date": "2025-03-07", "close": 8.1, "volume": 5716, "typical_volume": 8449.85, "trend": 8.871667, "fair_value": 12.005237, "relative_strength": -31.429006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.75591, "energy": 47.891414, "activity_lines": [ 7.873333, 7.979091, 8.15119, 8.457419 ] }, { "date": "2025-03-14", "close": 7.65, "volume": 5724, "typical_volume": 8612.2, "trend": 8.81, "fair_value": 11.949256, "relative_strength": -34.570777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.75183, "energy": 43.950438, "activity_lines": [ 7.816667, 7.878182, 8.085, 8.378602 ] }, { "date": "2025-03-21", "close": 8.15, "volume": 22848, "typical_volume": 9512.25, "trend": 8.761667, "fair_value": 11.89824, "relative_strength": -29.400865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.68579, "energy": 24.834892, "activity_lines": [ 7.94, 7.894545, 8.075714, 8.336022 ] }, { "date": "2025-03-28", "close": 7.7, "volume": 2666, "typical_volume": 9199.7, "trend": 8.686667, "fair_value": 11.844633, "relative_strength": -31.361913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.638239, "energy": 27.48828, "activity_lines": [ 7.88, 7.848182, 8.030238, 8.267527 ] }, { "date": "2025-04-04", "close": 7.45, "volume": 6738, "typical_volume": 9142.15, "trend": 8.61, "fair_value": 11.788543, "relative_strength": -27.065037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.809988, "energy": 39.86877, "activity_lines": [ 7.726667, 7.776364, 7.966905, 8.187742 ] }, { "date": "2025-04-11", "close": 7.05, "volume": 13120, "typical_volume": 9134.4, "trend": 8.52, "fair_value": 11.727836, "relative_strength": -29.401834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.019136, "energy": 47.179121, "activity_lines": [ 7.473333, 7.64, 7.870476, 8.087097 ] }, { "date": "2025-04-18", "close": 6.65, "volume": 7378, "typical_volume": 8995.3, "trend": 8.423333, "fair_value": 11.665738, "relative_strength": -35.312839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.374252, "energy": 77.020485, "activity_lines": [ 7.156667, 7.447273, 7.738095, 7.966452 ] }, { "date": "2025-04-25", "close": 6.95, "volume": 1904, "typical_volume": 7970.2, "trend": 8.298333, "fair_value": 11.604096, "relative_strength": -34.944899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.380645, "energy": 77.161363, "activity_lines": [ 7.006667, 7.330909, 7.642381, 7.871398 ] }, { "date": "2025-05-02", "close": 7.15, "volume": 2935, "typical_volume": 7725.05, "trend": 8.183333, "fair_value": 11.544616, "relative_strength": -34.923077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.026991, "energy": 71.450284, "activity_lines": [ 7.003333, 7.263636, 7.571905, 7.797312 ] }, { "date": "2025-05-09", "close": 7.65, "volume": 3439, "typical_volume": 7051.45, "trend": 8.11, "fair_value": 11.489515, "relative_strength": -31.069926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.959783, "energy": 42.531423, "activity_lines": [ 7.203333, 7.294545, 7.552619, 7.762903 ] }, { "date": "2025-05-16", "close": 7.35, "volume": 13509, "typical_volume": 7553.9, "trend": 8.021667, "fair_value": 11.433371, "relative_strength": -33.651231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.837372, "energy": 26.482925, "activity_lines": [ 7.29, 7.276364, 7.507381, 7.713871 ] }, { "date": "2025-05-23", "close": 6.95, "volume": 10752, "typical_volume": 7686.15, "trend": 7.933333, "fair_value": 11.373783, "relative_strength": -35.934237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.155479, "energy": 26.888107, "activity_lines": [ 7.223333, 7.199091, 7.427381, 7.644731 ] }, { "date": "2025-05-30", "close": 6.9, "volume": 7669, "typical_volume": 7793.55, "trend": 7.845, "fair_value": 11.312701, "relative_strength": -36.378872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.406114, "energy": 31.634082, "activity_lines": [ 7.12, 7.125455, 7.352857, 7.578065 ] }, { "date": "2025-06-06", "close": 7.7, "volume": 29931, "typical_volume": 8952.3, "trend": 7.803333, "fair_value": 11.258214, "relative_strength": -28.818623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.958664, "energy": 19.079981, "activity_lines": [ 7.286667, 7.22, 7.365476, 7.56871 ] }, { "date": "2025-06-13", "close": 7.25, "volume": 7391, "typical_volume": 8709.95, "trend": 7.761667, "fair_value": 11.201135, "relative_strength": -29.591421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.00706, "energy": 20.333925, "activity_lines": [ 7.266667, 7.232727, 7.340476, 7.533011 ] }, { "date": "2025-06-20", "close": 6.65, "volume": 3774, "typical_volume": 8743.65, "trend": 7.733333, "fair_value": 11.143731, "relative_strength": -33.819594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.503676, "energy": 34.277508, "activity_lines": [ 7.073333, 7.14, 7.261429, 7.46129 ] }, { "date": "2025-06-27", "close": 7.0, "volume": 7821, "typical_volume": 9014.7, "trend": 7.688333, "fair_value": 11.083877, "relative_strength": -31.187266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.147915, "energy": 27.240896, "activity_lines": [ 7.043333, 7.118182, 7.221905, 7.413978 ] }, { "date": "2025-07-04", "close": 6.9, "volume": 18706, "typical_volume": 9419.35, "trend": 7.643333, "fair_value": 11.028661, "relative_strength": -30.418726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.539158, "energy": 37.285346, "activity_lines": [ 6.976667, 7.071818, 7.176905, 7.363118 ] }, { "date": "2025-07-11", "close": 6.85, "volume": 24714, "typical_volume": 10349.0, "trend": 7.608333, "fair_value": 10.973713, "relative_strength": -31.222171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.662197, "energy": 44.282635, "activity_lines": [ 6.893333, 7.017273, 7.130714, 7.311935 ] }, { "date": "2025-07-18", "close": 7.15, "volume": 11791, "typical_volume": 10426.3, "trend": 7.573333, "fair_value": 10.91922, "relative_strength": -27.289632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.534057, "energy": 27.597588, "activity_lines": [ 6.966667, 7.022727, 7.116429, 7.282366 ] }, { "date": "2025-07-25", "close": 7.6, "volume": 8942, "typical_volume": 10587.6, "trend": 7.558333, "fair_value": 10.868199, "relative_strength": -21.589756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.948349, "energy": 10.398513, "activity_lines": [ 7.196667, 7.119091, 7.14881, 7.284086 ] }, { "date": "2025-08-01", "close": 7.85, "volume": 12322, "typical_volume": 10917.5, "trend": 7.516667, "fair_value": 10.82054, "relative_strength": -15.217126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.231388, "energy": 9.934206, "activity_lines": [ 7.446667, 7.256364, 7.207381, 7.302903 ] }, { "date": "2025-08-08", "close": 7.8, "volume": 2344, "typical_volume": 9892.3, "trend": 7.47, "fair_value": 10.771094, "relative_strength": -17.332482, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.617491, "energy": 24.85247, "activity_lines": [ 7.623333, 7.368182, 7.260238, 7.321183 ] }, { "date": "2025-08-15", "close": 7.75, "volume": 2334, "typical_volume": 9875.7, "trend": 7.435, "fair_value": 10.723381, "relative_strength": -17.712931, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.362064, "energy": 39.487873, "activity_lines": [ 7.723333, 7.454545, 7.31, 7.339247 ] }, { "date": "2025-08-22", "close": 7.5, "volume": 12333, "typical_volume": 10155.45, "trend": 7.421667, "fair_value": 10.676999, "relative_strength": -19.549958, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.860696, "energy": 38.258291, "activity_lines": [ 7.68, 7.494545, 7.335714, 7.343441 ] }, { "date": "2025-08-29", "close": 7.15, "volume": 10069, "typical_volume": 10002.9, "trend": 7.395, "fair_value": 10.626907, "relative_strength": -20.92282, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.93306, "energy": 12.100947, "activity_lines": [ 7.496667, 7.466364, 7.327857, 7.325914 ] }, { "date": "2025-09-05", "close": 6.8, "volume": 4037, "typical_volume": 9835.85, "trend": 7.36, "fair_value": 10.575451, "relative_strength": -22.861896, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.841042, "energy": 17.210104, "activity_lines": [ 7.226667, 7.365455, 7.28619, 7.287527 ] }, { "date": "2025-09-12", "close": 6.85, "volume": 7206, "typical_volume": 10100.95, "trend": 7.333333, "fair_value": 10.523729, "relative_strength": -21.689772, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.673567, "energy": 32.345527, "activity_lines": [ 7.043333, 7.277273, 7.248571, 7.254624 ] }, { "date": "2025-09-19", "close": 5.8, "volume": 23013, "typical_volume": 11104.85, "trend": 7.275, "fair_value": 10.467329, "relative_strength": -32.598908, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -80.85941, "energy": 68.064906, "activity_lines": [ 6.573333, 6.999091, 7.111429, 7.155699 ] }, { "date": "2025-09-26", "close": 5.8, "volume": 4925, "typical_volume": 11179.15, "trend": 7.203333, "fair_value": 10.417384, "relative_strength": -31.783323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.107657, "energy": 81.310378, "activity_lines": [ 6.233333, 6.74, 6.980714, 7.060538 ] }, { "date": "2025-10-03", "close": 5.3, "volume": 14973, "typical_volume": 11252.35, "trend": 7.11, "fair_value": 10.36922, "relative_strength": -38.180308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.096339, "energy": 90.147894, "activity_lines": [ 5.84, 6.414545, 6.81119, 6.937742 ] }, { "date": "2025-10-10", "close": 4.3, "volume": 26201, "typical_volume": 12024.8, "trend": 6.998333, "fair_value": 10.315526, "relative_strength": -48.630333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.543487, "energy": 97.369605, "activity_lines": [ 5.236667, 5.949091, 6.55619, 6.756452 ] }, { "date": "2025-10-17", "close": 4.36, "volume": 65328, "typical_volume": 14907.75, "trend": 6.872, "fair_value": 10.26075, "relative_strength": -46.037393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.263312, "energy": 94.70322, "activity_lines": [ 4.82, 5.559091, 6.319524, 6.586237 ] }, { "date": "2025-10-24", "close": 4.5, "volume": 56407, "typical_volume": 16231.55, "trend": 6.765333, "fair_value": 10.208044, "relative_strength": -44.271906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.327413, "energy": 90.506068, "activity_lines": [ 4.616, 5.257091, 6.108286, 6.433204 ] }, { "date": "2025-10-31", "close": 4.64, "volume": 14018, "typical_volume": 16562.9, "trend": 6.671667, "fair_value": 10.156823, "relative_strength": -40.830166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.264748, "energy": 87.882221, "activity_lines": [ 4.545333, 5.039636, 5.925619, 6.296086 ] }, { "date": "2025-11-07", "close": 4.36, "volume": 6151, "typical_volume": 16681.75, "trend": 6.582, "fair_value": 10.105567, "relative_strength": -42.536709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.541519, "energy": 79.188723, "activity_lines": [ 4.458667, 4.823273, 5.728714, 6.146946 ] }, { "date": "2025-11-14", "close": 4.16, "volume": 16339, "typical_volume": 17107.65, "trend": 6.499, "fair_value": 10.057429, "relative_strength": -44.995271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.506872, "energy": 67.669855, "activity_lines": [ 4.368, 4.621273, 5.523667, 5.990688 ] }, { "date": "2025-11-21", "close": 4.24, "volume": 55567, "typical_volume": 18950.7, "trend": 6.408667, "fair_value": 10.008924, "relative_strength": -41.303567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.323318, "energy": 65.051845, "activity_lines": [ 4.313333, 4.481818, 5.339762, 5.844946 ] }, { "date": "2025-11-28", "close": 4.66, "volume": 36010, "typical_volume": 19515.5, "trend": 6.325667, "fair_value": 9.963405, "relative_strength": -36.609202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.027134, "energy": 60.275451, "activity_lines": [ 4.406667, 4.466182, 5.208524, 5.732129 ] }, { "date": "2025-12-05", "close": 5.45, "volume": 18874, "typical_volume": 19869.65, "trend": 6.252333, "fair_value": 9.91767, "relative_strength": -25.628068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.501761, "energy": 41.572587, "activity_lines": [ 4.752667, 4.614909, 5.162952, 5.675634 ] }, { "date": "2025-12-12", "close": 5.85, "volume": 15239, "typical_volume": 20184.5, "trend": 6.202333, "fair_value": 9.877432, "relative_strength": -19.959027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.829507, "energy": 24.518972, "activity_lines": [ 5.178, 4.842727, 5.163571, 5.649677 ] }, { "date": "2025-12-19", "close": 5.05, "volume": 11525, "typical_volume": 20144.65, "trend": 6.139, "fair_value": 9.835879, "relative_strength": -30.287645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.4933, "energy": 29.036284, "activity_lines": [ 5.237333, 4.915091, 5.096333, 5.575333 ] }, { "date": "2025-12-26", "close": 4.74, "volume": 9650, "typical_volume": 20509.95, "trend": 6.067, "fair_value": 9.786766, "relative_strength": -33.817974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.743543, "energy": 28.856778, "activity_lines": [ 5.134, 4.917455, 5.012905, 5.485075 ] }, { "date": "2026-01-02", "close": 4.72, "volume": 5307, "typical_volume": 20658.6, "trend": 5.967667, "fair_value": 9.738697, "relative_strength": -33.481218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.216602, "energy": 21.68187, "activity_lines": [ 4.990667, 4.909273, 4.942143, 5.398172 ] }, { "date": "2026-01-09", "close": 4.76, "volume": 4094, "typical_volume": 20246.65, "trend": 5.884667, "fair_value": 9.690299, "relative_strength": -33.65894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.25548, "energy": 33.484831, "activity_lines": [ 4.856667, 4.904364, 4.889619, 5.320258 ] }, { "date": "2026-01-16", "close": 4.52, "volume": 4244, "typical_volume": 19955.4, "trend": 5.813667, "fair_value": 9.640655, "relative_strength": -36.042972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.192363, "energy": 40.865244, "activity_lines": [ 4.688667, 4.853636, 4.827286, 5.232215 ] }, { "date": "2026-01-23", "close": 4.36, "volume": 4102, "typical_volume": 19958.65, "trend": 5.725667, "fair_value": 9.588812, "relative_strength": -36.475804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.857662, "energy": 52.919547, "activity_lines": [ 4.556, 4.770909, 4.762238, 5.13843 ] }, { "date": "2026-01-30", "close": 4.24, "volume": 10870, "typical_volume": 20141.85, "trend": 5.637, "fair_value": 9.533267, "relative_strength": -36.457336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.391226, "energy": 64.01328, "activity_lines": [ 4.429333, 4.662727, 4.697381, 5.042581 ] }, { "date": "2026-02-06", "close": 4.3, "volume": 10405, "typical_volume": 19511.45, "trend": 5.552, "fair_value": 9.473413, "relative_strength": -35.179922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.390344, "energy": 62.211976, "activity_lines": [ 4.356, 4.565455, 4.650667, 4.956323 ] }, { "date": "2026-02-13", "close": 4.46, "volume": 27494, "typical_volume": 20639.9, "trend": 5.462333, "fair_value": 9.418104, "relative_strength": -32.512289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.501626, "energy": 48.332117, "activity_lines": [ 4.364, 4.503818, 4.626333, 4.885871 ] }, { "date": "2026-02-20", "close": 4.46, "volume": 8226, "typical_volume": 20302.55, "trend": 5.357667, "fair_value": 9.364849, "relative_strength": -32.644108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.7229, "energy": 40.867917, "activity_lines": [ 4.392, 4.460182, 4.608381, 4.821204 ] }, { "date": "2026-02-27", "close": 4.24, "volume": 23380, "typical_volume": 20161.5, "trend": 5.237333, "fair_value": 9.31341, "relative_strength": -35.146869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.475184, "energy": 40.200134, "activity_lines": [ 4.350667, 4.401818, 4.573476, 4.749097 ] }, { "date": "2026-03-06", "close": 4.56, "volume": 24510, "typical_volume": 18120.6, "trend": 5.129333, "fair_value": 9.263143, "relative_strength": -24.353101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.439427, "energy": 27.87274, "activity_lines": [ 4.424, 4.416364, 4.569333, 4.705398 ] }, { "date": "2026-03-13", "close": 4.32, "volume": 7097, "typical_volume": 15655.1, "trend": 5.015, "fair_value": 9.212218, "relative_strength": -27.079899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.55392, "energy": 30.416986, "activity_lines": [ 4.396, 4.390545, 4.541381, 4.653183 ] }, { "date": "2026-03-20", "close": 4.28, "volume": 14802, "typical_volume": 15694.3, "trend": 4.907667, "fair_value": 9.162796, "relative_strength": -23.34905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.188873, "energy": 37.239509, "activity_lines": [ 4.353333, 4.364727, 4.510476, 4.605763 ] }, { "date": "2026-03-27", "close": 4.22, "volume": 2366, "typical_volume": 15505.05, "trend": 4.81, "fair_value": 9.110642, "relative_strength": -23.245799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.26874, "energy": 37.694091, "activity_lines": [ 4.302667, 4.336727, 4.475571, 4.561398 ] }, { "date": "2026-04-03", "close": 4.3, "volume": 30191, "typical_volume": 16197.65, "trend": 4.726667, "fair_value": 9.060175, "relative_strength": -23.674851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.427151, "energy": 39.954456, "activity_lines": [ 4.294667, 4.328727, 4.448952, 4.528495 ] }, { "date": "2026-04-10", "close": 4.19, "volume": 1920, "typical_volume": 13515.3, "trend": 4.638, "fair_value": 9.011349, "relative_strength": -26.627584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.019138, "energy": 47.442247, "activity_lines": [ 4.246, 4.301818, 4.41119, 4.493871 ] }, { "date": "2026-04-17", "close": 4.2, "volume": 45412, "typical_volume": 13985.4, "trend": 4.584667, "fair_value": 8.960241, "relative_strength": -28.301867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.554683, "energy": 43.367413, "activity_lines": [ 4.225333, 4.277636, 4.374619, 4.465613 ] }, { "date": "2026-04-24", "close": 4.46, "volume": 34488, "typical_volume": 14766.1, "trend": 4.54, "fair_value": 8.911386, "relative_strength": -21.239396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.303209, "energy": 28.549554, "activity_lines": [ 4.299333, 4.302545, 4.365, 4.45757 ] }, { "date": "2026-05-01", "close": 4.89, "volume": 16782, "typical_volume": 14843.25, "trend": 4.526333, "fair_value": 8.868221, "relative_strength": -13.457985, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.222706, "energy": 10.370789, "activity_lines": [ 4.504667, 4.405636, 4.401048, 4.480151 ] }, { "date": "2026-05-08", "close": 4.82, "volume": 9372, "typical_volume": 14735.6, "trend": 4.543667, "fair_value": 8.822848, "relative_strength": -13.951849, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.060707, "energy": 29.424286, "activity_lines": [ 4.642, 4.488182, 4.435, 4.499097 ] }, { "date": "2026-05-15", "close": 4.28, "volume": 11559, "typical_volume": 14831.05, "trend": 4.541, "fair_value": 8.769319, "relative_strength": -21.497786, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.579622, "energy": 16.933779, "activity_lines": [ 4.564667, 4.462, 4.418619, 4.482086 ] }, { "date": "2026-05-22", "close": 4.44, "volume": 49869, "typical_volume": 17059.15, "trend": 4.539, "fair_value": 8.717989, "relative_strength": -20.85855, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.237132, "energy": 15.807752, "activity_lines": [ 4.534667, 4.47, 4.419667, 4.47557 ] }, { "date": "2026-05-29", "close": 4.22, "volume": 35951, "typical_volume": 18652.0, "trend": 4.525, "fair_value": 8.668182, "relative_strength": -24.659914, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.243633, "energy": 16.485699, "activity_lines": [ 4.415333, 4.435818, 4.401095, 4.454989 ] }, { "date": "2026-06-05", "close": 4.44, "volume": 10425, "typical_volume": 18961.05, "trend": 4.527667, "fair_value": 8.616852, "relative_strength": -18.661745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.511895, "energy": 20.564915, "activity_lines": [ 4.385333, 4.442727, 4.406048, 4.449505 ] }, { "date": "2026-06-12", "close": 4.46, "volume": 1125, "typical_volume": 18812.2, "trend": 4.537667, "fair_value": 8.568584, "relative_strength": -16.963222, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.066666, "energy": 16.577583, "activity_lines": [ 4.392, 4.449273, 4.413286, 4.44514 ] }, { "date": "2026-06-19", "close": 4.22, "volume": 7500, "typical_volume": 18643.7, "trend": 4.537, "fair_value": 8.520538, "relative_strength": -21.733719, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.96626, "energy": 23.929592, "activity_lines": [ 4.342667, 4.409273, 4.39719, 4.424645 ] }, { "date": "2026-06-26", "close": 4.0, "volume": 3, "typical_volume": 18123.6, "trend": 4.515, "fair_value": 8.462281, "relative_strength": -23.993301, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.087879, "energy": 46.667259, "activity_lines": [ 4.224, 4.328727, 4.360238, 4.39 ] }, { "date": "2026-07-03", "close": 3.94, "volume": 0, "typical_volume": 16748.9, "trend": 4.464667, "fair_value": 8.405985, "relative_strength": -27.453907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.908569, "energy": 60.457369, "activity_lines": [ 4.114667, 4.240909, 4.319, 4.352903 ] }, { "date": "2026-07-10", "close": 3.95, "volume": 11905, "typical_volume": 16932.85, "trend": 4.401333, "fair_value": 8.347408, "relative_strength": -24.341177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.436522, "energy": 65.826052, "activity_lines": [ 4.027333, 4.164364, 4.28119, 4.319699 ] }, { "date": "2026-07-17", "close": 3.61, "volume": 39023, "typical_volume": 17715.0, "trend": 4.353333, "fair_value": 8.291931, "relative_strength": -29.222461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.074701, "energy": 77.127323, "activity_lines": [ 3.859333, 4.043091, 4.213429, 4.268645 ] }, { "date": "2026-07-24", "close": 3.62, "volume": 10732, "typical_volume": 17026.1, "trend": 4.316, "fair_value": 8.232998, "relative_strength": -28.651438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.352267, "energy": 78.77059, "activity_lines": [ 3.751333, 3.945636, 4.149619, 4.221333 ] }, { "date": "2026-07-31", "close": 3.42, "volume": 28097, "typical_volume": 18076.1, "trend": 4.272667, "fair_value": 8.173369, "relative_strength": -32.69676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.709346, "energy": 83.7251, "activity_lines": [ 3.616667, 3.823818, 4.071238, 4.163527 ] }, { "date": "2026-08-07", "close": 3.67, "volume": 43693, "typical_volume": 19520.65, "trend": 4.236333, "fair_value": 8.118864, "relative_strength": -28.397439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.351348, "energy": 75.618519, "activity_lines": [ 3.604, 3.766, 4.020952, 4.124645 ] } ], "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." } } }