{ "ticker": { "uuid": "1627bf3d-c02b-40f2-9309-b63521098f72", "symbol": "PCSA", "name": "Processa Pharmaceuticals Inc", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 74.586, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -22.213, "architecture_energy": 13.337, "architecture_maturity": 18.696, "architecture_confidence": 63.212, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 53.23, "rotation_up": 32.41, "upward_expansion": 21.08, "deceleration": 39.81, "rotation_down": 23.48, "downward_expansion": 52.75 }, "activity_lines": [ 2.402, 2.298909, 2.398857, 2.461978 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 2.57, "trend_reference": 2.563, "distance_from_trend": 0.002731, "trend_direction": "Weakening", "fair_value": 45.579327, "distance_from_fair_value": -0.943615, "fair_value_direction": "Improving", "relative_strength": -44.729083, "relative_strength_direction": "Improving", "price_momentum": 0.079832, "excess_performance": -0.107622, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.002731, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.300396, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.943615, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.015381, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.447291, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.096805, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.079832, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.160087, "read": "Supply-led" } ], "volume": { "latest": 502284, "relative_activity": 0.56238, "balance": 0.160087, "dry_up": 3.619745, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.244286, "annualized_volatility": 0.860522, "from_high_reference": -0.819554, "from_low_reference": 0.53883 }, "levels": { "trend_reference": 2.563, "fair_value_reference": 45.579327, "structural_low": 1.6701, "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": 10, "median_return": -0.131471, "positive_rate": 0.3, "directional_follow_through": 0.3, "median_excess_return": -0.089956, "regime_survival": 0.3, "best_return": 0.663177, "worst_return": -0.616719, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.471719, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.484046, "regime_survival": 0.0, "best_return": -0.251656, "worst_return": -0.711561, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.636586, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.674904, "regime_survival": 0.0, "best_return": -0.592405, "worst_return": -0.77204, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.814689, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.83353, "regime_survival": 0.0, "best_return": -0.746835, "worst_return": -0.882542, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-08-12", "end": "2022-09-16", "tenure": "Developing", "return": -0.291925, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2022-09-23", "end": "2023-11-10", "tenure": "Extended", "return": -0.8436, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-17", "end": "2023-12-01", "tenure": "New", "return": 0.76762, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-08", "end": "2023-12-29", "tenure": "New", "return": -0.561238, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-05", "end": "2024-01-19", "tenure": "New", "return": -0.290221, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-01-26", "end": "2024-02-02", "tenure": "New", "return": -0.337875, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-09", "end": "2025-10-03", "tenure": "Extended", "return": -0.914378, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-10", "end": "2025-10-31", "tenure": "New", "return": 0.026927, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.153041, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-09", "tenure": "Developing", "return": -0.516547, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-16", "end": "2026-05-01", "tenure": "Established", "return": -0.279661, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-06-12", "tenure": "Developing", "return": -0.205128, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-07-31", "tenure": "Developing", "return": 0.014151, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 187.5, "volume": 325201, "typical_volume": 492643.0, "trend": 287.292483, "fair_value": 2164.806888, "relative_strength": -73.722695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.572462, "energy": 48.543751, "activity_lines": [ 197.489933, 210.7663, 243.226388, 257.250455 ] }, { "date": "2023-08-25", "close": 155.0, "volume": 392079, "typical_volume": 506116.4, "trend": 277.79915, "fair_value": 2140.800478, "relative_strength": -77.663064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.061589, "energy": 62.682252, "activity_lines": [ 182.8333, 198.537218, 233.128533, 248.715456 ] }, { "date": "2023-09-01", "close": 167.5, "volume": 379366, "typical_volume": 490515.95, "trend": 266.715817, "fair_value": 2117.194708, "relative_strength": -75.682899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.456369, "energy": 63.826589, "activity_lines": [ 174.666667, 190.3245, 224.602821, 241.599382 ] }, { "date": "2023-09-08", "close": 139.95, "volume": 282743, "typical_volume": 483580.85, "trend": 258.54415, "fair_value": 2093.732849, "relative_strength": -78.457487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.426187, "energy": 73.520031, "activity_lines": [ 160.65, 178.470873, 213.846157, 233.420942 ] }, { "date": "2023-09-15", "close": 192.5, "volume": 432349, "typical_volume": 488497.45, "trend": 252.127483, "fair_value": 2068.075798, "relative_strength": -69.049584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.627538, "energy": 67.28824, "activity_lines": [ 168.153333, 178.149973, 208.690921, 229.160029 ] }, { "date": "2023-09-22", "close": 140.0, "volume": 443445, "typical_volume": 482745.2, "trend": 245.127483, "fair_value": 2036.954003, "relative_strength": -75.80942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.209342, "energy": 65.865361, "activity_lines": [ 158.656667, 169.399073, 199.119019, 221.925998 ] }, { "date": "2023-09-29", "close": 125.1, "volume": 263990, "typical_volume": 468070.75, "trend": 237.630817, "fair_value": 2025.09567, "relative_strength": -77.353212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.607534, "energy": 67.926163, "activity_lines": [ 147.36, 159.602718, 189.175688, 214.182289 ] }, { "date": "2023-10-06", "close": 91.0, "volume": 828261, "typical_volume": 499010.05, "trend": 231.23165, "fair_value": 2010.388939, "relative_strength": -82.99688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.028532, "energy": 70.500503, "activity_lines": [ 126.69, 144.783636, 176.822357, 204.722237 ] }, { "date": "2023-10-13", "close": 240.0, "volume": 21020040, "typical_volume": 1542475.75, "trend": 231.708317, "fair_value": 1997.728683, "relative_strength": -52.992238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.895631, "energy": 27.361217, "activity_lines": [ 160.786667, 159.355455, 179.797598, 205.287937 ] }, { "date": "2023-10-20", "close": 177.8, "volume": 96719314, "typical_volume": 6369400.1, "trend": 229.98165, "fair_value": 1985.21458, "relative_strength": -62.370147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.183199, "energy": 21.700685, "activity_lines": [ 167.48, 161.890909, 177.015457, 201.809981 ] }, { "date": "2023-10-27", "close": 163.75, "volume": 4426338, "typical_volume": 6583874.0, "trend": 227.104983, "fair_value": 1973.091183, "relative_strength": -62.690707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.28789, "energy": 16.632488, "activity_lines": [ 170.47, 162.275455, 173.539507, 197.536971 ] }, { "date": "2023-11-03", "close": 174.0, "volume": 1990422, "typical_volume": 6522806.35, "trend": 225.06665, "fair_value": 1960.552721, "relative_strength": -60.651577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.838043, "energy": 18.569025, "activity_lines": [ 175.293333, 164.955455, 171.943319, 194.110843 ] }, { "date": "2023-11-10", "close": 156.4, "volume": 2524261, "typical_volume": 6627877.55, "trend": 221.94665, "fair_value": 1947.869388, "relative_strength": -63.708811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.809242, "energy": 15.726875, "activity_lines": [ 170.99, 164.09, 169.037131, 189.680737 ] }, { "date": "2023-11-17", "close": 214.95, "volume": 3040716, "typical_volume": 6742282.6, "trend": 220.269983, "fair_value": 1932.099837, "relative_strength": -48.441644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.497601, "energy": 5.970593, "activity_lines": [ 181.843333, 174.071818, 172.118324, 189.22934 ] }, { "date": "2023-11-24", "close": 235.0, "volume": 1911671, "typical_volume": 6825262.95, "trend": 217.603317, "fair_value": 1914.920349, "relative_strength": -41.224693, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.679789, "energy": 8.093765, "activity_lines": [ 201.05, 186.335455, 177.269993, 190.179663 ] }, { "date": "2023-12-01", "close": 379.95, "volume": 5523153, "typical_volume": 7094443.6, "trend": 218.268317, "fair_value": 1895.240542, "relative_strength": -0.82828, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.945913, "energy": 45.057336, "activity_lines": [ 264.76, 224.180909, 196.316186, 200.653643 ] }, { "date": "2023-12-08", "close": 381.3, "volume": 3105279, "typical_volume": 7219210.3, "trend": 220.944983, "fair_value": 1874.062978, "relative_strength": 3.699551, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.162479, "energy": 60.877215, "activity_lines": [ 314.506667, 257.909091, 214.784045, 211.171816 ] }, { "date": "2023-12-15", "close": 357.5, "volume": 6185504, "typical_volume": 7512315.35, "trend": 221.86165, "fair_value": 1851.675157, "relative_strength": -1.13226, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.074981, "energy": 60.135343, "activity_lines": [ 342.5, 282.651818, 230.073571, 219.981817 ] }, { "date": "2023-12-22", "close": 224.7, "volume": 7849219, "typical_volume": 7892868.05, "trend": 220.18665, "fair_value": 1829.397593, "relative_strength": -36.067789, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.831799, "energy": 48.598654, "activity_lines": [ 312.82, 278.403636, 232.04881, 220.164937 ] }, { "date": "2023-12-29", "close": 167.3, "volume": 3322596, "typical_volume": 8048297.35, "trend": 215.32665, "fair_value": 1809.332208, "relative_strength": -50.717371, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 29.813568, "energy": 18.995759, "activity_lines": [ 263.356667, 263.997273, 228.439762, 216.752895 ] }, { "date": "2024-01-05", "close": 158.5, "volume": 1323959, "typical_volume": 8098235.25, "trend": 208.82665, "fair_value": 1786.630285, "relative_strength": -49.807614, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.051742, "energy": 14.426647, "activity_lines": [ 215.473333, 248.181818, 224.148333, 213.086659 ] }, { "date": "2024-01-12", "close": 131.45, "volume": 1542429, "typical_volume": 8155752.75, "trend": 204.844983, "fair_value": 1765.774196, "relative_strength": -57.715146, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.567189, "energy": 23.046327, "activity_lines": [ 173.336667, 227.543636, 217.41881, 208.094617 ] }, { "date": "2024-01-19", "close": 112.5, "volume": 55032608, "typical_volume": 10888414.85, "trend": 200.503317, "fair_value": 1745.254324, "relative_strength": -63.163828, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.013534, "energy": 33.664776, "activity_lines": [ 141.54, 204.233636, 208.996667, 202.136876 ] }, { "date": "2024-01-26", "close": 91.75, "volume": 82172594, "typical_volume": 14982907.4, "trend": 195.269983, "fair_value": 1725.650157, "relative_strength": -69.096853, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.051712, "energy": 53.778118, "activity_lines": [ 119.16, 177.949091, 198.860238, 195.120533 ] }, { "date": "2024-02-02", "close": 60.75, "volume": 4103406, "typical_volume": 15166460.25, "trend": 188.833317, "fair_value": 1704.437016, "relative_strength": -78.916548, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.928224, "energy": 68.975177, "activity_lines": [ 95.31, 148.268182, 186.000952, 186.441825 ] }, { "date": "2024-02-09", "close": 62.25, "volume": 1461349, "typical_volume": 15217355.45, "trend": 183.19165, "fair_value": 1677.912978, "relative_strength": -78.070445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.081737, "energy": 68.398726, "activity_lines": [ 79.063333, 122.028182, 173.911905, 178.275159 ] }, { "date": "2024-02-16", "close": 62.0, "volume": 609630, "typical_volume": 15234637.45, "trend": 178.929983, "fair_value": 1643.406567, "relative_strength": -77.053075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.187224, "energy": 66.061741, "activity_lines": [ 69.15, 101.519091, 162.169286, 170.456343 ] }, { "date": "2024-02-23", "close": 55.0, "volume": 359634, "typical_volume": 15211206.1, "trend": 173.513333, "fair_value": 1607.156567, "relative_strength": -79.245326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.000354, "energy": 63.822321, "activity_lines": [ 61.533333, 85.542727, 150.060476, 162.46086 ] }, { "date": "2024-03-01", "close": 61.5, "volume": 707787, "typical_volume": 14195593.45, "trend": 168.896667, "fair_value": 1573.031567, "relative_strength": -76.478521, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.211843, "energy": 64.879648, "activity_lines": [ 59.916667, 76.248182, 138.742143, 155.234194 ] }, { "date": "2024-03-08", "close": 56.75, "volume": 559877, "typical_volume": 9387621.6, "trend": 164.121667, "fair_value": 1536.215862, "relative_strength": -77.331835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.920704, "energy": 64.857937, "activity_lines": [ 58.733333, 69.057273, 127.821429, 147.998925 ] }, { "date": "2024-03-15", "close": 54.75, "volume": 160132, "typical_volume": 9174311.3, "trend": 159.696667, "fair_value": 1494.48349, "relative_strength": -77.402685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.577095, "energy": 74.248505, "activity_lines": [ 57.15, 63.512727, 117.286667, 140.942688 ] }, { "date": "2024-03-22", "close": 56.0, "volume": 179061, "typical_volume": 9083743.25, "trend": 156.396667, "fair_value": 1457.21426, "relative_strength": -77.074018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.79673, "energy": 81.460717, "activity_lines": [ 56.483333, 60.081818, 107.39, 134.252581 ] }, { "date": "2024-03-29", "close": 59.125, "volume": 397981, "typical_volume": 8977429.25, "trend": 152.784167, "fair_value": 1422.497112, "relative_strength": -75.095543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.177896, "energy": 80.998027, "activity_lines": [ 57.258333, 58.590909, 98.352857, 127.976989 ] }, { "date": "2024-04-05", "close": 69.75, "volume": 4736474, "typical_volume": 9062217.15, "trend": 150.444167, "fair_value": 1388.873715, "relative_strength": -69.746442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.544435, "energy": 73.88455, "activity_lines": [ 61.3, 60.002273, 90.790833, 122.619946 ] }, { "date": "2024-04-12", "close": 41.75, "volume": 3059277, "typical_volume": 9119597.45, "trend": 145.419167, "fair_value": 1361.513138, "relative_strength": -81.323631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.243978, "energy": 74.866293, "activity_lines": [ 55.458333, 56.722727, 81.253571, 115.607419 ] }, { "date": "2024-04-19", "close": 39.5, "volume": 393018, "typical_volume": 8863090.7, "trend": 142.069167, "fair_value": 1333.849676, "relative_strength": -80.781532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.732153, "energy": 78.5179, "activity_lines": [ 49.866667, 53.379545, 72.422262, 108.773925 ] }, { "date": "2024-04-26", "close": 53.75, "volume": 79164317, "typical_volume": 12666042.6, "trend": 139.690833, "fair_value": 1307.976279, "relative_strength": -73.973622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.201786, "energy": 82.103933, "activity_lines": [ 50.041667, 53.040909, 66.569286, 103.075914 ] }, { "date": "2024-05-03", "close": 54.25, "volume": 1195859, "typical_volume": 12416560.35, "trend": 138.465833, "fair_value": 1286.208651, "relative_strength": -72.917227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.40736, "energy": 84.272677, "activity_lines": [ 50.533333, 52.943182, 62.32369, 97.563602 ] }, { "date": "2024-05-10", "close": 52.25, "volume": 682005, "typical_volume": 12058199.65, "trend": 132.2075, "fair_value": 1266.511535, "relative_strength": -73.398594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.161509, "energy": 80.289289, "activity_lines": [ 50.683333, 52.495455, 59.331667, 92.00129 ] }, { "date": "2024-05-17", "close": 49.0, "volume": 291630, "typical_volume": 11906651.35, "trend": 127.914167, "fair_value": 1245.030766, "relative_strength": -74.623763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.680754, "energy": 59.491433, "activity_lines": [ 50.916667, 51.625, 56.85131, 86.633065 ] }, { "date": "2024-05-24", "close": 45.0, "volume": 145250, "typical_volume": 11847715.9, "trend": 123.955833, "fair_value": 1225.607689, "relative_strength": -76.266921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.511411, "energy": 60.762333, "activity_lines": [ 49.333333, 50.168182, 54.553333, 81.283763 ] }, { "date": "2024-05-31", "close": 37.0, "volume": 135704, "typical_volume": 11777379.65, "trend": 119.389167, "fair_value": 1204.306407, "relative_strength": -79.400916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.893397, "energy": 64.905715, "activity_lines": [ 44.716667, 47.434091, 52.033929, 75.67371 ] }, { "date": "2024-06-07", "close": 41.25, "volume": 202223, "typical_volume": 9035860.4, "trend": 115.550833, "fair_value": 1182.551599, "relative_strength": -76.61004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.755309, "energy": 60.286001, "activity_lines": [ 42.633333, 45.818182, 50.369048, 70.632473 ] }, { "date": "2024-06-14", "close": 43.75, "volume": 2456649, "typical_volume": 5050063.15, "trend": 109.844167, "fair_value": 1162.447433, "relative_strength": -75.290262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.17504, "energy": 55.019158, "activity_lines": [ 42.25, 44.981818, 49.281548, 66.000161 ] }, { "date": "2024-06-21", "close": 49.0, "volume": 303078, "typical_volume": 4860046.75, "trend": 103.644167, "fair_value": 1135.13333, "relative_strength": -71.53613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.345197, "energy": 47.602121, "activity_lines": [ 44.183333, 45.572727, 48.922619, 62.074731 ] }, { "date": "2024-06-28", "close": 56.0, "volume": 296398, "typical_volume": 4801799.2, "trend": 92.845833, "fair_value": 1109.498715, "relative_strength": -66.441044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.931965, "energy": 29.770301, "activity_lines": [ 48.45, 47.304545, 49.28631, 59.000914 ] }, { "date": "2024-07-05", "close": 43.25, "volume": 95254, "typical_volume": 4776080.4, "trend": 81.5775, "fair_value": 1083.686215, "relative_strength": -74.09893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.530642, "energy": 27.869544, "activity_lines": [ 47.733333, 46.418182, 48.465476, 55.801183 ] }, { "date": "2024-07-12", "close": 45.0, "volume": 221850, "typical_volume": 4769191.2, "trend": 71.160833, "fair_value": 1062.372112, "relative_strength": -72.143899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.198414, "energy": 26.206829, "activity_lines": [ 47.183333, 46.040909, 47.900595, 53.441344 ] }, { "date": "2024-07-19", "close": 40.75, "volume": 167998, "typical_volume": 4742201.75, "trend": 65.029167, "fair_value": 1040.197433, "relative_strength": -73.064058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.697551, "energy": 34.519541, "activity_lines": [ 44.966667, 45.059091, 46.978571, 51.479355 ] }, { "date": "2024-07-26", "close": 41.75, "volume": 93614, "typical_volume": 4718888.6, "trend": 60.844167, "fair_value": 1021.298394, "relative_strength": -70.824037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.419976, "energy": 42.776864, "activity_lines": [ 43.283333, 44.468182, 46.250595, 49.977473 ] }, { "date": "2024-08-02", "close": 48.0, "volume": 60330854, "typical_volume": 7727424.7, "trend": 57.160833, "fair_value": 1001.798394, "relative_strength": -64.43231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.566987, "energy": 30.931112, "activity_lines": [ 44.166667, 45.145455, 46.189286, 49.148817 ] }, { "date": "2024-08-09", "close": 39.75, "volume": 532893, "typical_volume": 7745116.3, "trend": 54.104167, "fair_value": 984.713458, "relative_strength": -69.761483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.433774, "energy": 34.774817, "activity_lines": [ 42.833333, 44.268182, 45.374405, 48.025538 ] }, { "date": "2024-08-16", "close": 36.25, "volume": 476117, "typical_volume": 7749023.1, "trend": 51.5625, "fair_value": 967.541984, "relative_strength": -73.052678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.533618, "energy": 37.666464, "activity_lines": [ 40.566667, 42.704545, 44.303571, 46.873656 ] }, { "date": "2024-08-23", "close": 36.25, "volume": 384856, "typical_volume": 7531442.2, "trend": 49.7125, "fair_value": 948.38333, "relative_strength": -72.676293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.12805, "energy": 37.762273, "activity_lines": [ 38.883333, 41.231818, 43.341667, 45.885753 ] }, { "date": "2024-08-30", "close": 34.5, "volume": 100672, "typical_volume": 7383511.95, "trend": 48.8375, "fair_value": 927.386535, "relative_strength": -73.091061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.196935, "energy": 57.301827, "activity_lines": [ 36.916667, 39.577273, 42.372619, 44.904301 ] }, { "date": "2024-09-06", "close": 32.0, "volume": 106585, "typical_volume": 7369190.3, "trend": 47.829167, "fair_value": 903.74551, "relative_strength": -72.912951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.043259, "energy": 64.256363, "activity_lines": [ 34.6, 37.731818, 41.2, 43.818011 ] }, { "date": "2024-09-13", "close": 33.5, "volume": 62364, "typical_volume": 3414092.65, "trend": 46.879167, "fair_value": 878.607689, "relative_strength": -72.318727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.737003, "energy": 61.233265, "activity_lines": [ 33.85, 36.595455, 40.205952, 42.893548 ] }, { "date": "2024-09-20", "close": 34.0, "volume": 83746, "typical_volume": 3358487.0, "trend": 46.179167, "fair_value": 853.505125, "relative_strength": -71.627214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.836016, "energy": 55.823018, "activity_lines": [ 33.683333, 35.727273, 39.355952, 42.062634 ] }, { "date": "2024-09-27", "close": 34.25, "volume": 99921, "typical_volume": 3329382.8, "trend": 45.270833, "fair_value": 826.737497, "relative_strength": -71.08262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.891598, "energy": 48.389679, "activity_lines": [ 33.75, 35.104545, 38.62619, 41.293011 ] }, { "date": "2024-10-04", "close": 29.75, "volume": 2660832, "typical_volume": 3447842.9, "trend": 44.370833, "fair_value": 802.248715, "relative_strength": -74.52852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.469046, "energy": 50.801799, "activity_lines": [ 32.45, 33.781818, 37.553571, 40.291667 ] }, { "date": "2024-10-11", "close": 32.75, "volume": 142097, "typical_volume": 3447685.25, "trend": 43.6375, "fair_value": 777.330446, "relative_strength": -70.914315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.47181, "energy": 41.083652, "activity_lines": [ 32.466667, 33.222727, 36.858333, 39.541935 ] }, { "date": "2024-10-18", "close": 35.0, "volume": 186475, "typical_volume": 3450223.8, "trend": 42.9375, "fair_value": 755.471471, "relative_strength": -67.80845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.047677, "energy": 35.850968, "activity_lines": [ 33.183333, 33.35, 36.435714, 38.984677 ] }, { "date": "2024-10-25", "close": 32.75, "volume": 140112, "typical_volume": 3447118.25, "trend": 42.058333, "fair_value": 733.50192, "relative_strength": -68.807419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.222831, "energy": 34.785468, "activity_lines": [ 33.05, 33.154545, 35.808333, 38.327419 ] }, { "date": "2024-11-01", "close": 28.75, "volume": 158395, "typical_volume": 3332205.55, "trend": 40.691667, "fair_value": 711.410574, "relative_strength": -71.078607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.304521, "energy": 54.033018, "activity_lines": [ 31.666667, 32.295455, 34.840476, 37.468817 ] }, { "date": "2024-11-08", "close": 27.5, "volume": 84593, "typical_volume": 3321281.3, "trend": 40.216667, "fair_value": 689.343266, "relative_strength": -72.844552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.210227, "energy": 69.880035, "activity_lines": [ 30.233333, 31.345455, 33.825, 36.617742 ] }, { "date": "2024-11-15", "close": 25.2475, "volume": 173688, "typical_volume": 3315145.8, "trend": 39.741583, "fair_value": 671.78075, "relative_strength": -72.834632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.15259, "energy": 84.427829, "activity_lines": [ 28.199167, 30.113182, 32.697381, 35.651989 ] }, { "date": "2024-11-22", "close": 21.5025, "volume": 146713, "typical_volume": 3317718.75, "trend": 38.666667, "fair_value": 654.194228, "relative_strength": -75.886126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.52387, "energy": 92.584096, "activity_lines": [ 25.416833, 28.322773, 31.359536, 34.475274 ] }, { "date": "2024-11-29", "close": 28.9, "volume": 149940, "typical_volume": 3314123.25, "trend": 37.821667, "fair_value": 639.091022, "relative_strength": -64.235266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.613826, "energy": 76.582295, "activity_lines": [ 26.000167, 28.0955, 30.829774, 33.845167 ] }, { "date": "2024-12-06", "close": 25.82, "volume": 137978, "typical_volume": 3312622.25, "trend": 36.940667, "fair_value": 624.512946, "relative_strength": -65.12917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.135687, "energy": 60.004903, "activity_lines": [ 25.8135, 27.400955, 30.083345, 33.070866 ] }, { "date": "2024-12-13", "close": 27.75, "volume": 17577960, "typical_volume": 4186839.55, "trend": 36.232333, "fair_value": 608.825446, "relative_strength": -58.010519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.544471, "energy": 44.174595, "activity_lines": [ 26.4655, 27.210591, 29.591821, 32.477919 ] }, { "date": "2024-12-20", "close": 21.25, "volume": 817259, "typical_volume": 1211159.8, "trend": 35.440667, "fair_value": 592.519356, "relative_strength": -64.287704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.285923, "energy": 46.617298, "activity_lines": [ 24.934167, 25.874773, 28.547917, 31.511317 ] }, { "date": "2024-12-27", "close": 22.75, "volume": 345064, "typical_volume": 1201768.35, "trend": 34.965667, "fair_value": 576.960061, "relative_strength": -59.630354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.646631, "energy": 46.088104, "activity_lines": [ 24.169333, 25.020773, 27.77425, 30.692565 ] }, { "date": "2025-01-03", "close": 24.5125, "volume": 255352, "typical_volume": 1190730.1, "trend": 34.40775, "fair_value": 561.892833, "relative_strength": -53.210362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.740834, "energy": 42.445204, "activity_lines": [ 23.908833, 24.709955, 27.249393, 30.018167 ] }, { "date": "2025-01-10", "close": 21.28, "volume": 318103, "typical_volume": 1187392.45, "trend": 33.65875, "fair_value": 548.086936, "relative_strength": -56.122151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.386707, "energy": 47.259904, "activity_lines": [ 22.863333, 23.961182, 26.472571, 29.171215 ] }, { "date": "2025-01-17", "close": 20.2, "volume": 279318, "typical_volume": 1196324.75, "trend": 32.69875, "fair_value": 535.460013, "relative_strength": -57.547095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.688195, "energy": 47.489656, "activity_lines": [ 21.7605, 23.151864, 25.664179, 28.302909 ] }, { "date": "2025-01-24", "close": 17.05, "volume": 250220, "typical_volume": 1203506.5, "trend": 31.400417, "fair_value": 524.735974, "relative_strength": -63.263442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.888087, "energy": 56.948342, "activity_lines": [ 20.111, 21.902545, 24.623881, 27.293312 ] }, { "date": "2025-01-31", "close": 16.25, "volume": 7803969, "typical_volume": 1590586.75, "trend": 30.500417, "fair_value": 512.724756, "relative_strength": -63.605913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.311216, "energy": 65.941427, "activity_lines": [ 18.474833, 20.656818, 23.578583, 26.315866 ] }, { "date": "2025-02-07", "close": 16.425, "volume": 1237935, "typical_volume": 1648296.2, "trend": 29.547917, "fair_value": 500.394147, "relative_strength": -62.309848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.343807, "energy": 66.933762, "activity_lines": [ 17.330333, 19.538409, 22.632095, 25.407774 ] }, { "date": "2025-02-14", "close": 15.025, "volume": 639256, "typical_volume": 1675262.95, "trend": 28.690417, "fair_value": 489.641103, "relative_strength": -65.569121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.588556, "energy": 68.451384, "activity_lines": [ 16.258333, 18.392273, 21.635964, 24.470812 ] }, { "date": "2025-02-21", "close": 13.25, "volume": 431054, "typical_volume": 1563774.05, "trend": 27.740417, "fair_value": 478.411936, "relative_strength": -68.174075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.455676, "energy": 70.401558, "activity_lines": [ 15.011667, 17.119682, 20.562333, 23.474656 ] }, { "date": "2025-02-28", "close": 13.725, "volume": 597385, "typical_volume": 1586538.45, "trend": 26.597917, "fair_value": 467.698635, "relative_strength": -64.917962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.115682, "energy": 68.53128, "activity_lines": [ 14.386667, 16.197091, 19.612512, 22.570435 ] }, { "date": "2025-03-07", "close": 12.0625, "volume": 621575, "typical_volume": 1608293.45, "trend": 25.675, "fair_value": 456.365702, "relative_strength": -67.278137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.41208, "energy": 73.517123, "activity_lines": [ 13.429167, 15.109045, 18.594952, 21.632667 ] }, { "date": "2025-03-14", "close": 11.1675, "volume": 297222, "typical_volume": 1616148.95, "trend": 24.838917, "fair_value": 445.956519, "relative_strength": -68.09147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.405538, "energy": 83.756792, "activity_lines": [ 12.4525, 14.052591, 17.601381, 20.696699 ] }, { "date": "2025-03-21", "close": 10.75, "volume": 328421, "typical_volume": 1624650.25, "trend": 23.988917, "fair_value": 435.704917, "relative_strength": -68.498997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.250633, "energy": 85.700612, "activity_lines": [ 11.687167, 13.162864, 16.670821, 19.787737 ] }, { "date": "2025-03-28", "close": 9.725, "volume": 518049, "typical_volume": 1646323.05, "trend": 23.163083, "fair_value": 425.831359, "relative_strength": -69.899792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.069074, "energy": 86.540712, "activity_lines": [ 10.865167, 12.278227, 15.728357, 18.867484 ] }, { "date": "2025-04-04", "close": 8.5, "volume": 56485656, "typical_volume": 4461921.45, "trend": 22.37975, "fair_value": 415.052513, "relative_strength": -69.631321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.775864, "energy": 83.506848, "activity_lines": [ 9.869833, 11.361318, 14.753869, 17.921478 ] }, { "date": "2025-04-11", "close": 6.22, "volume": 8064224, "typical_volume": 4857797.0, "trend": 21.470417, "fair_value": 404.877, "relative_strength": -78.823844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.563434, "energy": 86.640463, "activity_lines": [ 8.462833, 10.185318, 13.641988, 16.878914 ] }, { "date": "2025-04-18", "close": 5.5, "volume": 51585076, "typical_volume": 7429553.8, "trend": 20.520417, "fair_value": 396.450718, "relative_strength": -80.353018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.423746, "energy": 75.486251, "activity_lines": [ 7.205333, 9.060773, 12.53431, 15.848565 ] }, { "date": "2025-04-25", "close": 5.93, "volume": 3963346, "typical_volume": 7620822.2, "trend": 19.576417, "fair_value": 387.610526, "relative_strength": -79.382476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.372469, "energy": 73.658994, "activity_lines": [ 6.469, 8.213045, 11.579012, 14.907247 ] }, { "date": "2025-05-02", "close": 5.79, "volume": 16125655, "typical_volume": 7548206.95, "trend": 18.77775, "fair_value": 379.122, "relative_strength": -79.815481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.850069, "energy": 84.791398, "activity_lines": [ 6.007333, 7.505227, 10.705095, 14.017801 ] }, { "date": "2025-05-09", "close": 5.975, "volume": 11915645, "typical_volume": 8103126.25, "trend": 17.88525, "fair_value": 373.359019, "relative_strength": -78.377996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.279141, "energy": 71.952073, "activity_lines": [ 5.869667, 6.966682, 9.953369, 13.191817 ] }, { "date": "2025-05-16", "close": 5.8675, "volume": 7730729, "typical_volume": 8472409.5, "trend": 16.914167, "fair_value": 365.672272, "relative_strength": -79.449558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.202568, "energy": 68.327711, "activity_lines": [ 5.8645, 6.5495, 9.264143, 12.416478 ] }, { "date": "2025-05-23", "close": 5.9925, "volume": 13596134, "typical_volume": 9139448.6, "trend": 16.02225, "fair_value": 357.633763, "relative_strength": -77.827747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.801076, "energy": 61.200511, "activity_lines": [ 5.9245, 6.267682, 8.667214, 11.711855 ] }, { "date": "2025-05-30", "close": 7.3125, "volume": 15656706, "typical_volume": 9906378.75, "trend": 15.307667, "fair_value": 348.180638, "relative_strength": -72.782575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.021411, "energy": 49.094683, "activity_lines": [ 6.391667, 6.319955, 8.28419, 11.149935 ] }, { "date": "2025-06-06", "close": 7.515, "volume": 68464238, "typical_volume": 13315624.75, "trend": 14.6415, "fair_value": 338.292913, "relative_strength": -71.809015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.354078, "energy": 37.329473, "activity_lines": [ 6.834167, 6.471545, 7.986964, 10.647183 ] }, { "date": "2025-06-13", "close": 6.4625, "volume": 16580940, "typical_volume": 14132160.75, "trend": 14.015333, "fair_value": 329.872801, "relative_strength": -74.856036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.110636, "energy": 32.282108, "activity_lines": [ 6.810833, 6.471955, 7.649905, 10.119505 ] }, { "date": "2025-06-20", "close": 8.0025, "volume": 786071995, "typical_volume": 53045562.05, "trend": 13.565333, "fair_value": 320.212561, "relative_strength": -67.744095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.973326, "energy": 21.29078, "activity_lines": [ 7.268333, 6.789409, 7.509929, 9.731581 ] }, { "date": "2025-06-27", "close": 4.905, "volume": 55233741, "typical_volume": 55745352.35, "trend": 12.7655, "fair_value": 310.564516, "relative_strength": -80.137487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.623338, "energy": 27.328444, "activity_lines": [ 6.551, 6.511273, 7.114226, 9.172849 ] }, { "date": "2025-07-04", "close": 4.87, "volume": 19359936, "typical_volume": 56681386.35, "trend": 12.067167, "fair_value": 300.018811, "relative_strength": -79.890248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.762171, "energy": 35.180947, "activity_lines": [ 5.8945, 6.237591, 6.770048, 8.663462 ] }, { "date": "2025-07-11", "close": 5.655, "volume": 95043271, "typical_volume": 61411997.2, "trend": 11.330667, "fair_value": 289.233587, "relative_strength": -75.69129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.28144, "energy": 33.135447, "activity_lines": [ 5.6625, 6.125909, 6.548988, 8.249774 ] }, { "date": "2025-07-18", "close": 5.325, "volume": 15424538, "typical_volume": 62153354.85, "trend": 10.799833, "fair_value": 277.569003, "relative_strength": -76.574214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.309425, "energy": 38.802641, "activity_lines": [ 5.4445, 5.956682, 6.332667, 7.862312 ] }, { "date": "2025-07-25", "close": 6.07, "volume": 27660244, "typical_volume": 63505288.3, "trend": 10.243833, "fair_value": 267.672016, "relative_strength": -72.493322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.531399, "energy": 32.332874, "activity_lines": [ 5.550667, 5.934727, 6.227298, 7.557161 ] }, { "date": "2025-08-01", "close": 5.2875, "volume": 15916623, "typical_volume": 64286258.35, "trend": 9.603, "fair_value": 257.545654, "relative_strength": -74.253434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.931129, "energy": 29.81109, "activity_lines": [ 5.524833, 5.766818, 6.07594, 7.237398 ] }, { "date": "2025-08-08", "close": 5.8, "volume": 60603080, "typical_volume": 67299991.3, "trend": 9.087, "fair_value": 247.262321, "relative_strength": -71.616084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.288951, "energy": 25.79085, "activity_lines": [ 5.644333, 5.704909, 6.001393, 6.992043 ] }, { "date": "2025-08-15", "close": 5.4025, "volume": 17409050, "typical_volume": 68144541.35, "trend": 8.59375, "fair_value": 236.976439, "relative_strength": -72.694298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.645051, "energy": 24.370554, "activity_lines": [ 5.569333, 5.598227, 5.91256, 6.754333 ] }, { "date": "2025-08-22", "close": 5.45, "volume": 14934597, "typical_volume": 66066988.4, "trend": 8.207083, "fair_value": 227.412016, "relative_strength": -71.119255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.802999, "energy": 23.977879, "activity_lines": [ 5.527, 5.538591, 5.848833, 6.551511 ] }, { "date": "2025-08-29", "close": 4.725, "volume": 10997578, "typical_volume": 66213656.1, "trend": 7.822917, "fair_value": 218.596151, "relative_strength": -73.910523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.98537, "energy": 26.237402, "activity_lines": [ 5.234667, 5.365545, 5.730583, 6.32686 ] }, { "date": "2025-09-05", "close": 4.295, "volume": 8678291, "typical_volume": 64068316.85, "trend": 7.418583, "fair_value": 209.697401, "relative_strength": -75.566846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.582294, "energy": 34.955379, "activity_lines": [ 4.888667, 5.173909, 5.5785, 6.099253 ] }, { "date": "2025-09-12", "close": 4.74, "volume": 10768185, "typical_volume": 64408558.8, "trend": 7.07575, "fair_value": 202.420093, "relative_strength": -72.431681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.825696, "energy": 37.870171, "activity_lines": [ 4.757167, 5.074273, 5.474536, 5.926441 ] }, { "date": "2025-09-19", "close": 4.835, "volume": 10840793, "typical_volume": 64144315.7, "trend": 6.79525, "fair_value": 196.04083, "relative_strength": -71.291529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.504818, "energy": 58.686095, "activity_lines": [ 4.728, 4.994273, 5.385286, 5.781876 ] }, { "date": "2025-09-26", "close": 5.325, "volume": 21148724, "typical_volume": 64605969.65, "trend": 6.51525, "fair_value": 188.831375, "relative_strength": -66.838335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.239091, "energy": 51.254364, "activity_lines": [ 4.9, 5.018273, 5.34725, 5.687022 ] }, { "date": "2025-10-03", "close": 5.33, "volume": 8339742, "typical_volume": 64636420.3, "trend": 6.290833, "fair_value": 181.81426, "relative_strength": -65.926279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.879212, "energy": 26.590778, "activity_lines": [ 5.082, 5.043182, 5.312786, 5.610554 ] }, { "date": "2025-10-10", "close": 9.47, "volume": 422622727, "typical_volume": 85087749.95, "trend": 6.23425, "fair_value": 174.75958, "relative_strength": -35.636688, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.199488, "energy": 34.539161, "activity_lines": [ 6.603667, 5.834273, 5.675167, 5.815661 ] }, { "date": "2025-10-17", "close": 7.65, "volume": 37603113, "typical_volume": 86185070.3, "trend": 6.130917, "fair_value": 167.981696, "relative_strength": -46.853479, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.949192, "energy": 30.423496, "activity_lines": [ 7.173667, 6.218409, 5.847655, 5.907 ] }, { "date": "2025-10-24", "close": 7.755, "volume": 22031373, "typical_volume": 83863427.05, "trend": 6.06525, "fair_value": 161.460894, "relative_strength": -44.876322, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.09309, "energy": 43.053522, "activity_lines": [ 7.584667, 6.588, 6.028536, 6.01178 ] }, { "date": "2025-10-31", "close": 9.725, "volume": 44309768, "typical_volume": 85249868.45, "trend": 6.106083, "fair_value": 154.728362, "relative_strength": -29.584719, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 76.293979, "energy": 73.962087, "activity_lines": [ 8.457667, 7.273, 6.395893, 6.247892 ] }, { "date": "2025-11-07", "close": 7.645, "volume": 16438685, "typical_volume": 46768202.95, "trend": 6.153583, "fair_value": 147.950446, "relative_strength": -40.750388, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.479632, "energy": 55.789578, "activity_lines": [ 8.344, 7.502091, 6.549619, 6.347177 ] }, { "date": "2025-11-14", "close": 7.5, "volume": 8679831, "typical_volume": 44440507.45, "trend": 6.22025, "fair_value": 141.42801, "relative_strength": -39.662844, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.887764, "energy": 37.687833, "activity_lines": [ 8.027667, 7.651727, 6.691238, 6.434043 ] }, { "date": "2025-11-21", "close": 6.325, "volume": 7378887, "typical_volume": 43841455.0, "trend": 6.233417, "fair_value": 135.287465, "relative_strength": -45.862416, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.259297, "energy": 24.048488, "activity_lines": [ 7.451, 7.529455, 6.708595, 6.440801 ] }, { "date": "2025-11-28", "close": 6.475, "volume": 4128452, "typical_volume": 39295714.05, "trend": 6.25625, "fair_value": 129.255253, "relative_strength": -44.689809, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.903938, "energy": 17.573848, "activity_lines": [ 7.012667, 7.405636, 6.73331, 6.456387 ] }, { "date": "2025-12-05", "close": 6.95, "volume": 4018978, "typical_volume": 38725436.05, "trend": 6.28875, "fair_value": 123.359099, "relative_strength": -38.847774, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.335926, "energy": 17.600633, "activity_lines": [ 6.818, 7.338364, 6.799357, 6.501145 ] }, { "date": "2025-12-12", "close": 6.75, "volume": 4184560, "typical_volume": 37551651.85, "trend": 6.318167, "fair_value": 117.729292, "relative_strength": -36.672447, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.594157, "energy": 16.555119, "activity_lines": [ 6.741667, 7.205182, 6.838619, 6.530903 ] }, { "date": "2025-12-19", "close": 3.78, "volume": 64139610, "typical_volume": 39962801.2, "trend": 6.244417, "fair_value": 113.875317, "relative_strength": -63.309427, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.043121, "energy": 19.715365, "activity_lines": [ 5.735, 6.506182, 6.591786, 6.367151 ] }, { "date": "2025-12-26", "close": 3.92, "volume": 1326087, "typical_volume": 36998951.55, "trend": 6.131333, "fair_value": 110.374804, "relative_strength": -60.722872, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.216555, "energy": 27.093206, "activity_lines": [ 5.023, 5.936091, 6.365464, 6.217188 ] }, { "date": "2026-01-02", "close": 2.93, "volume": 696660, "typical_volume": 36163332.05, "trend": 5.9785, "fair_value": 106.771792, "relative_strength": -68.509167, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.509928, "energy": 43.734407, "activity_lines": [ 4.141333, 5.253818, 6.05381, 6.010651 ] }, { "date": "2026-01-09", "close": 3.36, "volume": 621549, "typical_volume": 35447679.65, "trend": 5.875083, "fair_value": 102.78692, "relative_strength": -62.938774, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.924044, "energy": 70.574529, "activity_lines": [ 3.639333, 4.737455, 5.794881, 5.841715 ] }, { "date": "2026-01-16", "close": 3.54, "volume": 506023, "typical_volume": 34923101.9, "trend": 5.726333, "fair_value": 99.155766, "relative_strength": -58.795512, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.331455, "energy": 71.178131, "activity_lines": [ 3.436667, 4.369545, 5.563048, 5.691065 ] }, { "date": "2026-01-23", "close": 3.26, "volume": 312743, "typical_volume": 34504824.5, "trend": 5.6715, "fair_value": 96.357433, "relative_strength": -60.660001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.797665, "energy": 70.516589, "activity_lines": [ 3.354667, 4.025364, 5.31019, 5.531946 ] }, { "date": "2026-01-30", "close": 3.0, "volume": 139233, "typical_volume": 33973376.9, "trend": 5.609167, "fair_value": 93.171535, "relative_strength": -62.307604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.066572, "energy": 71.344942, "activity_lines": [ 3.220667, 3.711, 5.0375, 5.359591 ] }, { "date": "2026-02-06", "close": 2.38, "volume": 473530, "typical_volume": 33455013.75, "trend": 5.5, "fair_value": 90.718202, "relative_strength": -68.175151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.208686, "energy": 75.496364, "activity_lines": [ 2.941333, 3.344364, 4.714048, 5.151258 ] }, { "date": "2026-02-13", "close": 2.22, "volume": 203695, "typical_volume": 32407762.3, "trend": 5.3965, "fair_value": 88.264484, "relative_strength": -68.739003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.323802, "energy": 78.447466, "activity_lines": [ 2.645333, 3.023091, 4.387048, 4.939645 ] }, { "date": "2026-02-20", "close": 2.1, "volume": 94505, "typical_volume": 31995500.45, "trend": 5.264167, "fair_value": 86.034356, "relative_strength": -69.683047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.785925, "energy": 81.732732, "activity_lines": [ 2.385333, 2.766, 4.063405, 4.726968 ] }, { "date": "2026-02-27", "close": 2.17, "volume": 165030, "typical_volume": 10872615.6, "trend": 5.16025, "fair_value": 83.804676, "relative_strength": -67.29094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.768556, "energy": 79.231515, "activity_lines": [ 2.244667, 2.606182, 3.76181, 4.527344 ] }, { "date": "2026-03-06", "close": 2.83, "volume": 250130, "typical_volume": 9004966.45, "trend": 5.06125, "fair_value": 82.008875, "relative_strength": -55.235599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.147243, "energy": 59.409835, "activity_lines": [ 2.396667, 2.595636, 3.557833, 4.377005 ] }, { "date": "2026-03-13", "close": 2.95, "volume": 134217, "typical_volume": 7910108.65, "trend": 4.9795, "fair_value": 80.58099, "relative_strength": -51.223506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.3143, "energy": 48.007483, "activity_lines": [ 2.6, 2.626727, 3.388238, 4.240796 ] }, { "date": "2026-03-20", "close": 2.32, "volume": 304234, "typical_volume": 5709831.95, "trend": 4.875167, "fair_value": 79.124067, "relative_strength": -59.45708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.346529, "energy": 60.261372, "activity_lines": [ 2.555333, 2.542909, 3.181524, 4.069215 ] }, { "date": "2026-03-27", "close": 2.43, "volume": 95905, "typical_volume": 4892692.95, "trend": 4.798667, "fair_value": 77.53676, "relative_strength": -54.655736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.793457, "energy": 52.129888, "activity_lines": [ 2.540667, 2.498, 3.020548, 3.911462 ] }, { "date": "2026-04-03", "close": 2.77, "volume": 349691, "typical_volume": 4476185.95, "trend": 4.747833, "fair_value": 76.047144, "relative_strength": -48.687829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.18291, "energy": 50.471158, "activity_lines": [ 2.617333, 2.535091, 2.916786, 3.780581 ] }, { "date": "2026-04-10", "close": 2.77, "volume": 473407, "typical_volume": 4130911.95, "trend": 4.682167, "fair_value": 74.462337, "relative_strength": -49.916231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.275613, "energy": 47.902887, "activity_lines": [ 2.654, 2.581091, 2.835548, 3.652978 ] }, { "date": "2026-04-17", "close": 3.1, "volume": 357049, "typical_volume": 3942341.8, "trend": 4.624333, "fair_value": 72.781888, "relative_strength": -46.339086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.055471, "energy": 31.994492, "activity_lines": [ 2.804667, 2.691273, 2.802667, 3.550903 ] }, { "date": "2026-04-24", "close": 2.98, "volume": 441543, "typical_volume": 3763470.05, "trend": 4.546167, "fair_value": 70.78176, "relative_strength": -48.628085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.881245, "energy": 22.744062, "activity_lines": [ 2.905333, 2.766545, 2.774429, 3.444817 ] }, { "date": "2026-05-01", "close": 2.55, "volume": 156870, "typical_volume": 3562085.55, "trend": 4.4535, "fair_value": 68.490413, "relative_strength": -55.924175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.919851, "energy": 22.187062, "activity_lines": [ 2.818667, 2.749818, 2.724143, 3.316032 ] }, { "date": "2026-05-08", "close": 2.73, "volume": 104525, "typical_volume": 360331.3, "trend": 4.228833, "fair_value": 66.578426, "relative_strength": -54.40963, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -25.9005, "energy": 19.016752, "activity_lines": [ 2.784, 2.757636, 2.711, 3.204839 ] }, { "date": "2026-05-15", "close": 2.96, "volume": 532986, "typical_volume": 320676.25, "trend": 4.0725, "fair_value": 64.482016, "relative_strength": -49.588798, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -24.262056, "energy": 17.853078, "activity_lines": [ 2.828667, 2.797091, 2.724762, 3.122978 ] }, { "date": "2026-05-22", "close": 2.65, "volume": 296793, "typical_volume": 300682.9, "trend": 3.902333, "fair_value": 62.736503, "relative_strength": -54.553298, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.724345, "energy": 23.77311, "activity_lines": [ 2.757333, 2.777818, 2.713571, 3.031204 ] }, { "date": "2026-05-29", "close": 2.56, "volume": 220356, "typical_volume": 280623.25, "trend": 3.6635, "fair_value": 60.745862, "relative_strength": -56.226427, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.96354, "energy": 23.530412, "activity_lines": [ 2.686, 2.747636, 2.695143, 2.944602 ] }, { "date": "2026-06-05", "close": 2.52, "volume": 325132, "typical_volume": 271578.7, "trend": 3.492667, "fair_value": 58.49599, "relative_strength": -53.679591, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -42.452859, "energy": 24.688462, "activity_lines": [ 2.629333, 2.705818, 2.676714, 2.870828 ] }, { "date": "2026-06-12", "close": 2.17, "volume": 528441, "typical_volume": 282363.6, "trend": 3.315, "fair_value": 56.901567, "relative_strength": -60.088036, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -61.25233, "energy": 36.466185, "activity_lines": [ 2.458, 2.598727, 2.62981, 2.785495 ] }, { "date": "2026-06-19", "close": 2.12, "volume": 184571, "typical_volume": 284630.5, "trend": 3.174833, "fair_value": 55.359067, "relative_strength": -60.783663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.40445, "energy": 50.206672, "activity_lines": [ 2.307333, 2.493455, 2.583333, 2.708398 ] }, { "date": "2026-06-26", "close": 1.86, "volume": 201041, "typical_volume": 271006.05, "trend": 3.021, "fair_value": 53.776439, "relative_strength": -63.360018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.723846, "energy": 63.210423, "activity_lines": [ 2.126, 2.352727, 2.516286, 2.62357 ] }, { "date": "2026-07-03", "close": 2.16, "volume": 345775, "typical_volume": 278110.05, "trend": 2.861333, "fair_value": 52.163042, "relative_strength": -57.153221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.392245, "energy": 59.472402, "activity_lines": [ 2.097333, 2.289091, 2.480286, 2.568022 ] }, { "date": "2026-07-10", "close": 2.16, "volume": 316959, "typical_volume": 289232.75, "trend": 2.708333, "fair_value": 50.692913, "relative_strength": -57.067874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.616869, "energy": 50.491481, "activity_lines": [ 2.095333, 2.240364, 2.444571, 2.522774 ] }, { "date": "2026-07-17", "close": 2.31, "volume": 280109, "typical_volume": 294986.7, "trend": 2.659333, "fair_value": 49.490734, "relative_strength": -51.25552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.685954, "energy": 34.014376, "activity_lines": [ 2.167333, 2.226, 2.422857, 2.497075 ] }, { "date": "2026-07-24", "close": 2.6, "volume": 487005, "typical_volume": 306830.45, "trend": 2.615333, "fair_value": 48.113173, "relative_strength": -43.129678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.394705, "energy": 15.252607, "activity_lines": [ 2.326667, 2.272, 2.428095, 2.493247 ] }, { "date": "2026-07-31", "close": 2.15, "volume": 11662358, "typical_volume": 883237.5, "trend": 2.589333, "fair_value": 46.844904, "relative_strength": -52.344067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.797865, "energy": 16.562017, "activity_lines": [ 2.304, 2.242727, 2.391571, 2.463226 ] }, { "date": "2026-08-07", "close": 2.57, "volume": 502284, "typical_volume": 893140.0, "trend": 2.563, "fair_value": 45.579327, "relative_strength": -44.729083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.212584, "energy": 13.337285, "activity_lines": [ 2.402, 2.298909, 2.398857, 2.461978 ] } ], "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." } } }