{ "ticker": { "uuid": "183f4707-6e62-4524-82ad-635f54ddc8a8", "symbol": "8190", "name": "United Cooperative Assurance Company", "exchange": "SAU", "country": "SA", "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": "^TASI.SR", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 55.072, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 8.911, "architecture_energy": 7.762, "architecture_maturity": 32.121, "architecture_confidence": 51.113, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 58.06, "rotation_up": 27.63, "upward_expansion": 27.16, "deceleration": 65.17, "rotation_down": 36.89, "downward_expansion": 27.16 }, "activity_lines": [ 3.205333, 3.233091, 3.178429, 3.163183 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 3.3, "trend_reference": 3.221333, "distance_from_trend": 0.024421, "trend_direction": "Weakening", "fair_value": 7.533654, "distance_from_fair_value": -0.561966, "fair_value_direction": "Improving", "relative_strength": -11.53567, "relative_strength_direction": "Improving", "price_momentum": -0.090909, "excess_performance": -0.05908, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.024421, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.063475, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.561966, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.065246, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.115357, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.25174, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.090909, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.464002, "read": "Demand-led" } ], "volume": { "latest": 5578433, "relative_activity": 2.031703, "balance": 1.464002, "dry_up": 0.846031, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.077156, "annualized_volatility": 0.322553, "from_high_reference": -0.43299, "from_low_reference": 0.235955 }, "levels": { "trend_reference": 3.221333, "fair_value_reference": 7.533654, "structural_low": 2.67, "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": -0.00663, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.025833, "regime_survival": 0.6, "best_return": 0.171498, "worst_return": -0.096314, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.117864, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.154188, "regime_survival": 0.0, "best_return": 0.166468, "worst_return": -0.252492, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.015883, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.043247, "regime_survival": 0.25, "best_return": 0.171271, "worst_return": -0.440753, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.263928, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.309003, "regime_survival": 0.0, "best_return": 0.007134, "worst_return": -0.534991, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-08-25", "end": "2023-10-20", "tenure": "Developing", "return": -0.083682, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-27", "end": "2023-11-10", "tenure": "New", "return": 0.026901, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-17", "end": "2023-12-01", "tenure": "New", "return": -0.031049, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-08", "end": "2024-02-09", "tenure": "Developing", "return": -0.072928, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-16", "end": "2024-03-08", "tenure": "New", "return": 0.03796, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-15", "end": "2024-04-05", "tenure": "New", "return": 0.001976, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-19", "end": "2024-06-07", "tenure": "Developing", "return": -0.023297, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-14", "end": "2024-09-13", "tenure": "Established", "return": 0.054717, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-10-18", "tenure": "Developing", "return": -0.07919, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2025-02-07", "tenure": "Established", "return": 0.062436, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.068136, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": 0.008859, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2026-06-12", "tenure": "Extended", "return": -0.624009, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.015385, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 9.8, "volume": 2039453, "typical_volume": 1139811.55, "trend": 8.808, "fair_value": 19.654936, "relative_strength": 8.462878, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.871969, "energy": 39.868167, "activity_lines": [ 9.960667, 9.908182, 9.612095, 9.255742 ] }, { "date": "2023-08-11", "close": 9.96, "volume": 4055646, "typical_volume": 1341847.85, "trend": 8.883333, "fair_value": 19.654936, "relative_strength": 9.750774, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.82537, "energy": 34.833012, "activity_lines": [ 9.946667, 9.925636, 9.685714, 9.330065 ] }, { "date": "2023-08-18", "close": 9.5, "volume": 2166276, "typical_volume": 1449424.95, "trend": 8.945333, "fair_value": 19.6525, "relative_strength": 4.628368, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.507521, "energy": 25.254834, "activity_lines": [ 9.787333, 9.853091, 9.704286, 9.369849 ] }, { "date": "2023-08-25", "close": 9.56, "volume": 1097352, "typical_volume": 1504139.05, "trend": 9.011667, "fair_value": 19.64968, "relative_strength": 5.87676, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.625591, "energy": 18.330276, "activity_lines": [ 9.689333, 9.798727, 9.72019, 9.409505 ] }, { "date": "2023-09-01", "close": 9.48, "volume": 1636296, "typical_volume": 1584883.5, "trend": 9.059667, "fair_value": 19.645705, "relative_strength": 4.180213, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.617761, "energy": 18.022375, "activity_lines": [ 9.590667, 9.736, 9.721048, 9.43972 ] }, { "date": "2023-09-08", "close": 9.39, "volume": 2342252, "typical_volume": 1700929.5, "trend": 9.093, "fair_value": 19.640128, "relative_strength": 5.886887, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.61143, "energy": 14.769127, "activity_lines": [ 9.500667, 9.661273, 9.707619, 9.461032 ] }, { "date": "2023-09-15", "close": 9.9, "volume": 2489468, "typical_volume": 1824847.1, "trend": 9.143, "fair_value": 19.638205, "relative_strength": 12.280184, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.327038, "energy": 14.363963, "activity_lines": [ 9.608, 9.681273, 9.737476, 9.513097 ] }, { "date": "2023-09-22", "close": 9.43, "volume": 2327823, "typical_volume": 1940013.65, "trend": 9.177, "fair_value": 19.631987, "relative_strength": 8.969384, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.677059, "energy": 8.641195, "activity_lines": [ 9.562667, 9.619091, 9.714952, 9.531613 ] }, { "date": "2023-09-29", "close": 9.59, "volume": 1712828, "typical_volume": 2025274.1, "trend": 9.221, "fair_value": 19.615, "relative_strength": 9.624382, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.056869, "energy": 8.002965, "activity_lines": [ 9.575333, 9.598545, 9.704333, 9.558258 ] }, { "date": "2023-10-06", "close": 9.42, "volume": 1238840, "typical_volume": 2086703.6, "trend": 9.266667, "fair_value": 19.596923, "relative_strength": 10.442348, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.128102, "energy": 5.126191, "activity_lines": [ 9.529333, 9.553636, 9.673095, 9.571097 ] }, { "date": "2023-10-13", "close": 8.7, "volume": 1989771, "typical_volume": 2185514.15, "trend": 9.289, "fair_value": 19.558205, "relative_strength": 3.719293, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.435697, "energy": 34.147612, "activity_lines": [ 9.247333, 9.389455, 9.574619, 9.534538 ] }, { "date": "2023-10-20", "close": 8.76, "volume": 1249787, "typical_volume": 2247278.35, "trend": 9.327667, "fair_value": 19.516282, "relative_strength": 3.652235, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.342428, "energy": 50.29681, "activity_lines": [ 9.031333, 9.256182, 9.487143, 9.500409 ] }, { "date": "2023-10-27", "close": 8.55, "volume": 1375522, "typical_volume": 2315358.4, "trend": 9.354667, "fair_value": 19.474551, "relative_strength": 3.333308, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.5169, "energy": 61.892375, "activity_lines": [ 8.821333, 9.106545, 9.383714, 9.450237 ] }, { "date": "2023-11-03", "close": 9.02, "volume": 1433758, "typical_volume": 2385974.2, "trend": 9.388667, "fair_value": 19.435321, "relative_strength": 4.243609, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.356821, "energy": 57.263203, "activity_lines": [ 8.826667, 9.059636, 9.331476, 9.428645 ] }, { "date": "2023-11-10", "close": 8.78, "volume": 1921353, "typical_volume": 2480912.45, "trend": 9.405333, "fair_value": 19.399295, "relative_strength": 1.328349, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.909942, "energy": 61.109818, "activity_lines": [ 8.79, 8.978909, 9.260571, 9.389376 ] }, { "date": "2023-11-17", "close": 9.34, "volume": 1901800, "typical_volume": 2476473.2, "trend": 9.440667, "fair_value": 19.376731, "relative_strength": 5.073126, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.903426, "energy": 33.279323, "activity_lines": [ 8.982667, 9.012727, 9.247476, 9.385161 ] }, { "date": "2023-11-24", "close": 9.31, "volume": 2563833, "typical_volume": 2333337.3, "trend": 9.474333, "fair_value": 19.351282, "relative_strength": 4.524164, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.157555, "energy": 18.068876, "activity_lines": [ 9.122667, 9.042, 9.232286, 9.376731 ] }, { "date": "2023-12-01", "close": 9.05, "volume": 2998236, "typical_volume": 2046233.7, "trend": 9.485, "fair_value": 19.324039, "relative_strength": 0.504496, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.461197, "energy": 17.499612, "activity_lines": [ 9.139333, 9.034727, 9.196, 9.349355 ] }, { "date": "2023-12-08", "close": 9.05, "volume": 7734162, "typical_volume": 2308302.55, "trend": 9.498, "fair_value": 19.292436, "relative_strength": -0.108143, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.506288, "energy": 17.51857, "activity_lines": [ 9.122667, 9.034364, 9.16481, 9.32129 ] }, { "date": "2023-12-15", "close": 8.71, "volume": 2320362, "typical_volume": 2329740.9, "trend": 9.465, "fair_value": 19.257244, "relative_strength": -6.541225, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.460231, "energy": 23.472088, "activity_lines": [ 8.990667, 8.982, 9.105524, 9.270452 ] }, { "date": "2023-12-22", "close": 8.86, "volume": 1000649, "typical_volume": 2277800.7, "trend": 9.433333, "fair_value": 19.217885, "relative_strength": -5.720861, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.801996, "energy": 28.95576, "activity_lines": [ 8.913333, 8.969818, 9.066952, 9.231419 ] }, { "date": "2023-12-29", "close": 8.61, "volume": 2557721, "typical_volume": 2202904.45, "trend": 9.4, "fair_value": 19.178846, "relative_strength": -10.759624, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.281405, "energy": 41.469033, "activity_lines": [ 8.784667, 8.909273, 9.009048, 9.178301 ] }, { "date": "2024-01-05", "close": 8.93, "volume": 4029601, "typical_volume": 2296070.7, "trend": 9.367667, "fair_value": 19.133654, "relative_strength": -9.174131, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.129029, "energy": 35.958723, "activity_lines": [ 8.809333, 8.909636, 8.988048, 9.147978 ] }, { "date": "2024-01-12", "close": 9.17, "volume": 4570085, "typical_volume": 2469707.35, "trend": 9.343333, "fair_value": 19.08859, "relative_strength": -6.564219, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.445188, "energy": 23.192373, "activity_lines": [ 8.922, 8.946727, 8.992619, 9.135226 ] }, { "date": "2024-01-19", "close": 8.84, "volume": 2373843, "typical_volume": 2506584.7, "trend": 9.314, "fair_value": 19.035641, "relative_strength": -8.804901, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.5048, "energy": 23.397478, "activity_lines": [ 8.916667, 8.921091, 8.967619, 9.102753 ] }, { "date": "2024-01-26", "close": 8.84, "volume": 903249, "typical_volume": 2434634.55, "trend": 9.292, "fair_value": 18.97218, "relative_strength": -10.362026, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.455257, "energy": 16.916792, "activity_lines": [ 8.902667, 8.894364, 8.945667, 9.072172 ] }, { "date": "2024-02-02", "close": 8.3, "volume": 1354419, "typical_volume": 2377882.1, "trend": 9.232667, "fair_value": 18.902308, "relative_strength": -13.996482, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.329676, "energy": 34.1397, "activity_lines": [ 8.71, 8.778545, 8.874905, 9.008172 ] }, { "date": "2024-02-09", "close": 8.39, "volume": 1828563, "typical_volume": 2352919.1, "trend": 9.175, "fair_value": 18.826603, "relative_strength": -14.924426, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.25184, "energy": 54.571146, "activity_lines": [ 8.568, 8.697455, 8.820333, 8.953806 ] }, { "date": "2024-02-16", "close": 8.43, "volume": 3541688, "typical_volume": 2444362.1, "trend": 9.124333, "fair_value": 18.740256, "relative_strength": -16.186055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.610495, "energy": 60.122637, "activity_lines": [ 8.475333, 8.635636, 8.774524, 8.905742 ] }, { "date": "2024-02-23", "close": 8.47, "volume": 2430815, "typical_volume": 2503960.85, "trend": 9.071333, "fair_value": 18.653782, "relative_strength": -16.533637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.094597, "energy": 63.292559, "activity_lines": [ 8.445333, 8.592364, 8.738048, 8.863527 ] }, { "date": "2024-03-01", "close": 8.73, "volume": 3567716, "typical_volume": 2582858.1, "trend": 9.035667, "fair_value": 18.549487, "relative_strength": -13.69298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.274024, "energy": 42.128356, "activity_lines": [ 8.526667, 8.600727, 8.730857, 8.841505 ] }, { "date": "2024-03-08", "close": 8.75, "volume": 3030662, "typical_volume": 2671901.85, "trend": 8.995333, "fair_value": 18.43891, "relative_strength": -12.9478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.271266, "energy": 22.473594, "activity_lines": [ 8.622, 8.615091, 8.725429, 8.823075 ] }, { "date": "2024-03-15", "close": 10.12, "volume": 8435880, "typical_volume": 3024919.75, "trend": 9.016, "fair_value": 18.349936, "relative_strength": -0.575612, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.447072, "energy": 31.645692, "activity_lines": [ 9.144, 8.876, 8.850524, 8.895634 ] }, { "date": "2024-03-22", "close": 10.54, "volume": 10820440, "typical_volume": 3494253.85, "trend": 9.048667, "fair_value": 18.260449, "relative_strength": 2.540106, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.128278, "energy": 62.361396, "activity_lines": [ 9.690667, 9.191636, 9.008143, 8.993957 ] }, { "date": "2024-03-29", "close": 10.2, "volume": 4931486, "typical_volume": 3644760.5, "trend": 9.072667, "fair_value": 18.171987, "relative_strength": 1.190617, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.417887, "energy": 70.43852, "activity_lines": [ 9.983333, 9.420545, 9.126143, 9.068237 ] }, { "date": "2024-04-05", "close": 10.14, "volume": 3865885, "typical_volume": 3742964.75, "trend": 9.097667, "fair_value": 18.084167, "relative_strength": -0.611006, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.65014, "energy": 79.433739, "activity_lines": [ 10.140667, 9.613818, 9.231667, 9.137097 ] }, { "date": "2024-04-19", "close": 11.16, "volume": 3920673, "typical_volume": 3810806.75, "trend": 9.139667, "fair_value": 18.00468, "relative_strength": 10.80934, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.770402, "energy": 89.613055, "activity_lines": [ 10.544, 9.968909, 9.430524, 9.270151 ] }, { "date": "2024-04-26", "close": 13.16, "volume": 20707674, "typical_volume": 4696278.65, "trend": 9.264, "fair_value": 17.939039, "relative_strength": 32.303388, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.39613, "energy": 96.309484, "activity_lines": [ 11.453333, 10.635636, 9.811048, 9.529527 ] }, { "date": "2024-05-03", "close": 13.34, "volume": 5891481, "typical_volume": 4604144.6, "trend": 9.389, "fair_value": 17.874936, "relative_strength": 31.998906, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.771669, "energy": 95.480769, "activity_lines": [ 12.22, 11.248364, 10.189143, 9.792495 ] }, { "date": "2024-05-10", "close": 12.7, "volume": 6981464, "typical_volume": 4837199.7, "trend": 9.498333, "fair_value": 17.80891, "relative_strength": 25.595473, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.115898, "energy": 88.920641, "activity_lines": [ 12.586667, 11.655455, 10.485857, 10.006108 ] }, { "date": "2024-05-17", "close": 12.12, "volume": 5020690, "typical_volume": 5038201.75, "trend": 9.612333, "fair_value": 17.739039, "relative_strength": 20.101896, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.53058, "energy": 83.068669, "activity_lines": [ 12.593333, 11.880182, 10.708333, 10.175247 ] }, { "date": "2024-05-24", "close": 11.58, "volume": 3410014, "typical_volume": 5080816.4, "trend": 9.706333, "fair_value": 17.668269, "relative_strength": 16.379256, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.666167, "energy": 60.34995, "activity_lines": [ 12.288, 11.945091, 10.863857, 10.302194 ] }, { "date": "2024-05-31", "close": 11.22, "volume": 1894888, "typical_volume": 4974080.75, "trend": 9.795333, "fair_value": 17.595321, "relative_strength": 17.28812, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.630657, "energy": 40.056344, "activity_lines": [ 11.834667, 11.893091, 10.970952, 10.399849 ] }, { "date": "2024-06-07", "close": 10.9, "volume": 2151476, "typical_volume": 4853150.3, "trend": 9.858, "fair_value": 17.519808, "relative_strength": 13.163265, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.943024, "energy": 24.666768, "activity_lines": [ 11.404, 11.762909, 11.036667, 10.471118 ] }, { "date": "2024-06-14", "close": 10.6, "volume": 2254487, "typical_volume": 4847182.5, "trend": 9.918667, "fair_value": 17.442244, "relative_strength": 10.578053, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.074569, "energy": 27.012461, "activity_lines": [ 11.036, 11.571636, 11.065571, 10.518989 ] }, { "date": "2024-06-28", "close": 10.58, "volume": 1497584, "typical_volume": 4876899.25, "trend": 9.96, "fair_value": 17.361603, "relative_strength": 8.115563, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.252428, "energy": 26.347646, "activity_lines": [ 10.801333, 11.369455, 11.08419, 10.561656 ] }, { "date": "2024-07-05", "close": 10.72, "volume": 1664356, "typical_volume": 4892396.1, "trend": 10.007, "fair_value": 17.270962, "relative_strength": 10.021592, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.629489, "energy": 23.669952, "activity_lines": [ 10.716, 11.184727, 11.107857, 10.610688 ] }, { "date": "2024-07-12", "close": 10.72, "volume": 2012502, "typical_volume": 4901593.05, "trend": 10.062667, "fair_value": 17.1775, "relative_strength": 8.573817, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.03619, "energy": 17.494572, "activity_lines": [ 10.688, 11.008, 11.12, 10.656688 ] }, { "date": "2024-07-19", "close": 11.14, "volume": 3467039, "typical_volume": 4897860.6, "trend": 10.132333, "fair_value": 17.088013, "relative_strength": 9.050309, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.17027, "energy": 13.143683, "activity_lines": [ 10.833333, 10.952, 11.161048, 10.726194 ] }, { "date": "2024-07-26", "close": 11.54, "volume": 3377631, "typical_volume": 4945201.4, "trend": 10.226667, "fair_value": 16.993397, "relative_strength": 14.23917, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.756674, "energy": 19.51278, "activity_lines": [ 11.096, 11.008727, 11.227286, 10.817011 ] }, { "date": "2024-08-02", "close": 10.92, "volume": 1841440, "typical_volume": 4858887.6, "trend": 10.295333, "fair_value": 16.889038, "relative_strength": 7.777459, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.404237, "energy": 19.173597, "activity_lines": [ 11.089333, 10.973818, 11.219857, 10.861742 ] }, { "date": "2024-08-09", "close": 9.76, "volume": 2317184, "typical_volume": 4823213.7, "trend": 10.333667, "fair_value": 16.771154, "relative_strength": -0.516464, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -9.081895, "energy": 10.394178, "activity_lines": [ 10.673333, 10.749818, 11.091524, 10.827204 ] }, { "date": "2024-08-16", "close": 10.22, "volume": 1326868, "typical_volume": 4467763.1, "trend": 10.376667, "fair_value": 16.645962, "relative_strength": 2.013662, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.158687, "energy": 21.380379, "activity_lines": [ 10.474667, 10.642545, 11.00219, 10.819871 ] }, { "date": "2024-08-23", "close": 11.02, "volume": 2228728, "typical_volume": 4038177.5, "trend": 10.438333, "fair_value": 16.531026, "relative_strength": 7.400432, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 8.569471, "energy": 20.25794, "activity_lines": [ 10.576, 10.698909, 10.988571, 10.861376 ] }, { "date": "2024-08-30", "close": 10.78, "volume": 812132, "typical_volume": 3832209.8, "trend": 10.503, "fair_value": 16.414231, "relative_strength": 5.348049, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 8.082741, "energy": 15.780765, "activity_lines": [ 10.605333, 10.709455, 10.94981, 10.883419 ] }, { "date": "2024-09-06", "close": 10.54, "volume": 1207099, "typical_volume": 3699270.5, "trend": 10.559667, "fair_value": 16.295256, "relative_strength": 3.31375, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.523651, "energy": 6.917635, "activity_lines": [ 10.605333, 10.673091, 10.885429, 10.885806 ] }, { "date": "2024-09-13", "close": 11.18, "volume": 3694779, "typical_volume": 3687975.8, "trend": 10.655667, "fair_value": 16.170769, "relative_strength": 11.661462, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.932144, "energy": 14.599476, "activity_lines": [ 10.844, 10.753818, 10.880095, 10.925828 ] }, { "date": "2024-09-20", "close": 10.86, "volume": 2245332, "typical_volume": 2764858.7, "trend": 10.738, "fair_value": 16.039744, "relative_strength": 6.180128, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.888117, "energy": 10.864306, "activity_lines": [ 10.881333, 10.768, 10.84419, 10.939011 ] }, { "date": "2024-09-27", "close": 10.74, "volume": 1223895, "typical_volume": 2531479.4, "trend": 10.815, "fair_value": 15.915321, "relative_strength": 2.559125, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.375577, "energy": 4.264566, "activity_lines": [ 10.836, 10.757818, 10.80781, 10.93914 ] }, { "date": "2024-10-04", "close": 10.1, "volume": 1051837, "typical_volume": 2234998.05, "trend": 10.869333, "fair_value": 15.781667, "relative_strength": -0.153275, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.00165, "energy": 15.460372, "activity_lines": [ 10.596, 10.638545, 10.722857, 10.893011 ] }, { "date": "2024-10-11", "close": 10.2, "volume": 1707240, "typical_volume": 2069325.55, "trend": 10.918333, "fair_value": 15.648654, "relative_strength": 0.565795, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.534754, "energy": 42.186101, "activity_lines": [ 10.434667, 10.563636, 10.65981, 10.849828 ] }, { "date": "2024-10-18", "close": 10.0, "volume": 1315029, "typical_volume": 1964576.3, "trend": 10.96, "fair_value": 15.507949, "relative_strength": -0.607763, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.957378, "energy": 53.499477, "activity_lines": [ 10.229333, 10.465455, 10.586857, 10.790581 ] }, { "date": "2024-10-25", "close": 9.77, "volume": 1618944, "typical_volume": 1950779.1, "trend": 10.948333, "fair_value": 15.354872, "relative_strength": -2.719524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.571309, "energy": 62.505373, "activity_lines": [ 10.026, 10.321091, 10.499524, 10.713806 ] }, { "date": "2024-11-01", "close": 9.97, "volume": 2218752, "typical_volume": 1954142.9, "trend": 10.929333, "fair_value": 15.210449, "relative_strength": -1.867451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.03987, "energy": 57.777902, "activity_lines": [ 9.962, 10.221273, 10.438143, 10.650688 ] }, { "date": "2024-11-08", "close": 9.75, "volume": 1487279, "typical_volume": 1915782.5, "trend": 10.914333, "fair_value": 15.04859, "relative_strength": -4.854684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.493697, "energy": 60.541026, "activity_lines": [ 9.876, 10.100545, 10.360238, 10.574602 ] }, { "date": "2024-11-15", "close": 9.44, "volume": 916105, "typical_volume": 1886708.55, "trend": 10.891, "fair_value": 14.891154, "relative_strength": -5.160444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.643401, "energy": 63.537878, "activity_lines": [ 9.71, 9.942182, 10.256857, 10.479484 ] }, { "date": "2024-11-22", "close": 9.24, "volume": 2630437, "typical_volume": 1935012.6, "trend": 10.827, "fair_value": 14.729551, "relative_strength": -7.494342, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.082119, "energy": 66.807752, "activity_lines": [ 9.528, 9.767455, 10.139857, 10.372968 ] }, { "date": "2024-11-29", "close": 8.78, "volume": 2175550, "typical_volume": 1943165.0, "trend": 10.681, "fair_value": 14.560833, "relative_strength": -10.414481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.009459, "energy": 76.490125, "activity_lines": [ 9.243333, 9.544364, 9.986095, 10.240903 ] }, { "date": "2024-12-06", "close": 8.99, "volume": 2133563, "typical_volume": 1876491.2, "trend": 10.536, "fair_value": 14.390897, "relative_strength": -10.327245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.345466, "energy": 73.881063, "activity_lines": [ 9.094667, 9.397273, 9.861571, 10.131806 ] }, { "date": "2024-12-13", "close": 8.81, "volume": 1272404, "typical_volume": 1771229.85, "trend": 10.406333, "fair_value": 14.219808, "relative_strength": -13.1771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.676787, "energy": 79.942113, "activity_lines": [ 8.951333, 9.249273, 9.730143, 10.020452 ] }, { "date": "2024-12-20", "close": 8.66, "volume": 1038263, "typical_volume": 1731071.0, "trend": 10.291, "fair_value": 14.050321, "relative_strength": -13.015022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.026198, "energy": 84.626145, "activity_lines": [ 8.820667, 9.097455, 9.597429, 9.907785 ] }, { "date": "2024-12-27", "close": 8.55, "volume": 1362803, "typical_volume": 1683351.95, "trend": 10.19, "fair_value": 13.883974, "relative_strength": -13.814571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.060418, "energy": 80.660317, "activity_lines": [ 8.705333, 8.953636, 9.465, 9.795462 ] }, { "date": "2025-01-03", "close": 9.07, "volume": 3389134, "typical_volume": 1786465.25, "trend": 10.118333, "fair_value": 13.720321, "relative_strength": -10.382576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.615028, "energy": 65.536904, "activity_lines": [ 8.809333, 8.930727, 9.387857, 9.723204 ] }, { "date": "2025-01-10", "close": 9.12, "volume": 1875453, "typical_volume": 1768801.5, "trend": 10.059, "fair_value": 13.559872, "relative_strength": -9.91963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.247412, "energy": 49.956914, "activity_lines": [ 8.910667, 8.929636, 9.320952, 9.658796 ] }, { "date": "2025-01-17", "close": 9.19, "volume": 1434890, "typical_volume": 1799939.4, "trend": 10.012, "fair_value": 13.399551, "relative_strength": -10.430714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.888625, "energy": 37.099606, "activity_lines": [ 9.026667, 8.956727, 9.269762, 9.602731 ] }, { "date": "2025-01-24", "close": 9.31, "volume": 1480475, "typical_volume": 1813608.2, "trend": 9.969667, "fair_value": 13.241603, "relative_strength": -9.974091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.258375, "energy": 25.176168, "activity_lines": [ 9.157333, 9.015818, 9.237571, 9.557441 ] }, { "date": "2025-01-31", "close": 10.2, "volume": 3416105, "typical_volume": 1799674.5, "trend": 9.952333, "fair_value": 13.092564, "relative_strength": -2.041499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.449906, "energy": 17.88698, "activity_lines": [ 9.541333, 9.239091, 9.296, 9.572301 ] }, { "date": "2025-02-07", "close": 10.38, "volume": 6137719, "typical_volume": 1994293.85, "trend": 9.941, "fair_value": 12.945641, "relative_strength": -0.703655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 19.298666, "energy": 33.182709, "activity_lines": [ 9.875333, 9.477636, 9.376238, 9.599892 ] }, { "date": "2025-02-14", "close": 9.98, "volume": 3714939, "typical_volume": 2118846.05, "trend": 9.902333, "fair_value": 12.797115, "relative_strength": -4.394361, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.624723, "energy": 36.243723, "activity_lines": [ 9.988667, 9.614364, 9.420667, 9.602409 ] }, { "date": "2025-02-21", "close": 9.88, "volume": 1695908, "typical_volume": 2151049.6, "trend": 9.847, "fair_value": 12.651474, "relative_strength": -5.613269, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.075118, "energy": 37.558851, "activity_lines": [ 10.011333, 9.714909, 9.45919, 9.600968 ] }, { "date": "2025-02-28", "close": 10.16, "volume": 1355153, "typical_volume": 2133445.25, "trend": 9.821667, "fair_value": 12.494808, "relative_strength": -1.092843, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.018257, "energy": 51.405589, "activity_lines": [ 10.081333, 9.846909, 9.525429, 9.621161 ] }, { "date": "2025-03-07", "close": 9.29, "volume": 1130931, "typical_volume": 2124240.35, "trend": 9.806, "fair_value": 12.333526, "relative_strength": -7.502716, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -14.876212, "energy": 15.148872, "activity_lines": [ 9.804667, 9.793455, 9.509, 9.58686 ] }, { "date": "2025-03-14", "close": 9.3, "volume": 939407, "typical_volume": 2090263.5, "trend": 9.775333, "fair_value": 12.181923, "relative_strength": -6.944659, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -32.808683, "energy": 18.651575, "activity_lines": [ 9.592, 9.728364, 9.496905, 9.554215 ] }, { "date": "2025-03-21", "close": 9.03, "volume": 871712, "typical_volume": 2022911.5, "trend": 9.709, "fair_value": 12.039487, "relative_strength": -10.057331, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.313699, "energy": 30.551418, "activity_lines": [ 9.361333, 9.61, 9.461333, 9.506129 ] }, { "date": "2025-03-28", "close": 9.11, "volume": 536766, "typical_volume": 1975385.85, "trend": 9.653333, "fair_value": 11.898205, "relative_strength": -11.183127, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.128325, "energy": 36.644044, "activity_lines": [ 9.220667, 9.507818, 9.437857, 9.467484 ] }, { "date": "2025-04-04", "close": 8.83, "volume": 219045, "typical_volume": 1940532.85, "trend": 9.596333, "fair_value": 11.755769, "relative_strength": -12.727731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.588331, "energy": 51.043617, "activity_lines": [ 9.038, 9.356182, 9.390762, 9.414366 ] }, { "date": "2025-04-11", "close": 8.36, "volume": 902399, "typical_volume": 1854130.95, "trend": 9.502333, "fair_value": 11.610962, "relative_strength": -14.47852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.998634, "energy": 68.281848, "activity_lines": [ 8.787333, 9.127818, 9.30181, 9.334602 ] }, { "date": "2025-04-18", "close": 9.06, "volume": 1740288, "typical_volume": 1832367.85, "trend": 9.442333, "fair_value": 11.470321, "relative_strength": -7.693308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.973397, "energy": 52.438699, "activity_lines": [ 8.832, 9.060182, 9.283714, 9.306065 ] }, { "date": "2025-04-25", "close": 8.97, "volume": 570392, "typical_volume": 1754209.3, "trend": 9.383333, "fair_value": 11.311795, "relative_strength": -9.987354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.381391, "energy": 42.325917, "activity_lines": [ 8.862667, 9.000182, 9.255714, 9.275591 ] }, { "date": "2025-05-02", "close": 8.9, "volume": 594136, "typical_volume": 1720295.9, "trend": 9.343333, "fair_value": 11.159872, "relative_strength": -8.351908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.201723, "energy": 34.3006, "activity_lines": [ 8.874, 8.945818, 9.221143, 9.244409 ] }, { "date": "2025-05-09", "close": 8.06, "volume": 2300744, "typical_volume": 1783419.95, "trend": 9.272, "fair_value": 11.013141, "relative_strength": -14.969847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.793605, "energy": 43.879893, "activity_lines": [ 8.619333, 8.756545, 9.106143, 9.161613 ] }, { "date": "2025-05-16", "close": 7.58, "volume": 1429067, "typical_volume": 1786733.15, "trend": 9.191333, "fair_value": 10.863974, "relative_strength": -20.187832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.366076, "energy": 73.641803, "activity_lines": [ 8.256, 8.518182, 8.948286, 9.052452 ] }, { "date": "2025-05-23", "close": 7.4, "volume": 2027372, "typical_volume": 1718645.05, "trend": 9.112333, "fair_value": 10.715897, "relative_strength": -19.396964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.243594, "energy": 82.629282, "activity_lines": [ 7.884667, 8.278182, 8.777905, 8.936882 ] }, { "date": "2025-05-30", "close": 7.4, "volume": 794360, "typical_volume": 1664590.4, "trend": 9.026667, "fair_value": 10.585128, "relative_strength": -17.376973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.194751, "energy": 85.951329, "activity_lines": [ 7.624, 8.072727, 8.615476, 8.826409 ] }, { "date": "2025-06-06", "close": 7.24, "volume": 541447, "typical_volume": 1619918.25, "trend": 8.943, "fair_value": 10.443077, "relative_strength": -18.657792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.036829, "energy": 89.70058, "activity_lines": [ 7.414667, 7.867818, 8.446, 8.71114 ] }, { "date": "2025-06-13", "close": 7.13, "volume": 407419, "typical_volume": 1566265.45, "trend": 8.866, "fair_value": 10.285256, "relative_strength": -18.129719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.236567, "energy": 89.096767, "activity_lines": [ 7.279333, 7.676909, 8.275333, 8.594172 ] }, { "date": "2025-06-20", "close": 6.75, "volume": 689614, "typical_volume": 1429940.9, "trend": 8.783, "fair_value": 10.133654, "relative_strength": -20.266056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.772712, "energy": 91.383003, "activity_lines": [ 7.079333, 7.447818, 8.078857, 8.457656 ] }, { "date": "2025-06-27", "close": 7.33, "volume": 792587, "typical_volume": 1162684.3, "trend": 8.734667, "fair_value": 9.993141, "relative_strength": -16.511816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.552947, "energy": 74.822005, "activity_lines": [ 7.128, 7.353455, 7.954048, 8.363914 ] }, { "date": "2025-07-04", "close": 7.35, "volume": 605042, "typical_volume": 1007189.45, "trend": 8.68, "fair_value": 9.862692, "relative_strength": -17.06118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.924557, "energy": 58.85636, "activity_lines": [ 7.188, 7.294182, 7.845667, 8.274581 ] }, { "date": "2025-07-11", "close": 7.31, "volume": 453114, "typical_volume": 945049.75, "trend": 8.63, "fair_value": 9.719808, "relative_strength": -17.223148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.685432, "energy": 55.816029, "activity_lines": [ 7.238, 7.257091, 7.746, 8.186194 ] }, { "date": "2025-07-18", "close": 7.16, "volume": 811079, "typical_volume": 917846.05, "trend": 8.58, "fair_value": 9.589744, "relative_strength": -16.392396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.679431, "energy": 48.331515, "activity_lines": [ 7.233333, 7.221636, 7.644286, 8.091355 ] }, { "date": "2025-07-25", "close": 6.71, "volume": 531418, "typical_volume": 887870.4, "trend": 8.518667, "fair_value": 9.457115, "relative_strength": -20.528385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.437628, "energy": 59.393718, "activity_lines": [ 7.076667, 7.120727, 7.514, 7.97071 ] }, { "date": "2025-08-01", "close": 6.61, "volume": 492178, "typical_volume": 865508.95, "trend": 8.436667, "fair_value": 9.323846, "relative_strength": -20.935945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.017876, "energy": 68.94511, "activity_lines": [ 6.889333, 7.017455, 7.386476, 7.84757 ] }, { "date": "2025-08-08", "close": 5.81, "volume": 2192294, "typical_volume": 931538.05, "trend": 8.326333, "fair_value": 9.247372, "relative_strength": -30.032713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.18082, "energy": 93.265648, "activity_lines": [ 6.483333, 6.783091, 7.195571, 7.678108 ] }, { "date": "2025-08-15", "close": 5.36, "volume": 2417116, "typical_volume": 1025555.55, "trend": 8.198667, "fair_value": 9.213269, "relative_strength": -34.271724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.286718, "energy": 96.873527, "activity_lines": [ 6.03, 6.495818, 6.977143, 7.486731 ] }, { "date": "2025-08-22", "close": 5.34, "volume": 1808441, "typical_volume": 1105025.35, "trend": 8.066333, "fair_value": 9.179295, "relative_strength": -34.022333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.682127, "energy": 95.410963, "activity_lines": [ 5.7, 6.239091, 6.774667, 7.302301 ] }, { "date": "2025-08-29", "close": 5.18, "volume": 1566594, "typical_volume": 1138235.1, "trend": 7.899, "fair_value": 9.139679, "relative_strength": -34.512282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.529532, "energy": 94.061722, "activity_lines": [ 5.438, 5.985818, 6.573571, 7.116086 ] }, { "date": "2025-09-05", "close": 4.7, "volume": 3208555, "typical_volume": 1211648.45, "trend": 7.709667, "fair_value": 9.096859, "relative_strength": -39.473799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.211693, "energy": 95.943209, "activity_lines": [ 5.118, 5.673818, 6.341905, 6.909699 ] }, { "date": "2025-09-12", "close": 4.77, "volume": 4191394, "typical_volume": 1392698.55, "trend": 7.536, "fair_value": 9.061667, "relative_strength": -36.565613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.18779, "energy": 90.685833, "activity_lines": [ 4.948667, 5.422364, 6.137667, 6.720043 ] }, { "date": "2025-09-19", "close": 5.05, "volume": 1957157, "typical_volume": 1460849.6, "trend": 7.375, "fair_value": 9.024038, "relative_strength": -34.124768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.325935, "energy": 68.281215, "activity_lines": [ 4.942, 5.268727, 5.980095, 6.559656 ] }, { "date": "2025-09-26", "close": 5.39, "volume": 1178506, "typical_volume": 1404737.7, "trend": 7.216, "fair_value": 8.990385, "relative_strength": -32.252044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.59357, "energy": 66.903773, "activity_lines": [ 5.069333, 5.218, 5.873238, 6.431591 ] }, { "date": "2025-10-03", "close": 5.45, "volume": 1880748, "typical_volume": 1427321.75, "trend": 7.088, "fair_value": 8.959551, "relative_strength": -31.926335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.226341, "energy": 58.594609, "activity_lines": [ 5.213333, 5.210364, 5.78481, 6.317656 ] }, { "date": "2025-10-10", "close": 5.31, "volume": 1334402, "typical_volume": 1392673.25, "trend": 6.955, "fair_value": 8.933333, "relative_strength": -33.456272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.570099, "energy": 50.527903, "activity_lines": [ 5.292667, 5.200182, 5.69319, 6.202946 ] }, { "date": "2025-10-17", "close": 5.23, "volume": 858340, "typical_volume": 1395872.25, "trend": 6.828333, "fair_value": 8.906987, "relative_strength": -34.374158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.19643, "energy": 44.451762, "activity_lines": [ 5.304667, 5.199091, 5.603905, 6.091656 ] }, { "date": "2025-10-24", "close": 5.07, "volume": 1149904, "typical_volume": 1426295.1, "trend": 6.693667, "fair_value": 8.877628, "relative_strength": -35.212035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.542595, "energy": 47.874203, "activity_lines": [ 5.232667, 5.179455, 5.509714, 5.978215 ] }, { "date": "2025-10-31", "close": 4.53, "volume": 5651075, "typical_volume": 1688477.9, "trend": 6.550333, "fair_value": 8.849744, "relative_strength": -41.597528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.33225, "energy": 62.60712, "activity_lines": [ 4.979333, 5.066909, 5.374429, 5.838624 ] }, { "date": "2025-11-07", "close": 4.35, "volume": 2211850, "typical_volume": 1764589.7, "trend": 6.416667, "fair_value": 8.82141, "relative_strength": -41.455454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.680366, "energy": 73.145274, "activity_lines": [ 4.723333, 4.936364, 5.234381, 5.696667 ] }, { "date": "2025-11-14", "close": 4.18, "volume": 2330199, "typical_volume": 1841470.3, "trend": 6.254, "fair_value": 8.794936, "relative_strength": -42.396947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.099252, "energy": 89.945183, "activity_lines": [ 4.484, 4.79, 5.089571, 5.552366 ] }, { "date": "2025-11-21", "close": 4.23, "volume": 2779341, "typical_volume": 1950185.25, "trend": 6.096, "fair_value": 8.770449, "relative_strength": -40.120876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.258596, "energy": 88.523141, "activity_lines": [ 4.336667, 4.662182, 4.964524, 5.421785 ] }, { "date": "2025-11-28", "close": 3.88, "volume": 2595163, "typical_volume": 2057287.7, "trend": 5.928667, "fair_value": 8.745321, "relative_strength": -42.494169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.277621, "energy": 91.947567, "activity_lines": [ 4.139333, 4.480545, 4.821, 5.278817 ] }, { "date": "2025-12-05", "close": 3.67, "volume": 2799139, "typical_volume": 2156690.7, "trend": 5.782333, "fair_value": 8.715897, "relative_strength": -44.849836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.852148, "energy": 90.939427, "activity_lines": [ 3.951333, 4.282, 4.67381, 5.133097 ] }, { "date": "2025-12-12", "close": 3.71, "volume": 3939101, "typical_volume": 2327074.85, "trend": 5.653333, "fair_value": 8.688654, "relative_strength": -44.060017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.903002, "energy": 81.143461, "activity_lines": [ 3.834, 4.122, 4.547048, 4.999398 ] }, { "date": "2025-12-19", "close": 3.65, "volume": 1736354, "typical_volume": 2389283.65, "trend": 5.528333, "fair_value": 8.661474, "relative_strength": -42.892987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.310026, "energy": 83.824448, "activity_lines": [ 3.739333, 3.982727, 4.428857, 4.870151 ] }, { "date": "2025-12-26", "close": 3.59, "volume": 711079, "typical_volume": 2315222.9, "trend": 5.401333, "fair_value": 8.635962, "relative_strength": -43.562187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.211971, "energy": 82.880153, "activity_lines": [ 3.66, 3.862727, 4.319048, 4.745097 ] }, { "date": "2026-01-02", "close": 3.83, "volume": 3779797, "typical_volume": 2383356.95, "trend": 5.287667, "fair_value": 8.614423, "relative_strength": -39.17252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.868726, "energy": 65.15498, "activity_lines": [ 3.703333, 3.816182, 4.242667, 4.64372 ] }, { "date": "2026-01-09", "close": 3.78, "volume": 4024019, "typical_volume": 2494135.85, "trend": 5.176, "fair_value": 8.591346, "relative_strength": -38.756487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.132944, "energy": 60.745137, "activity_lines": [ 3.733333, 3.783091, 4.16881, 4.546452 ] }, { "date": "2026-01-16", "close": 3.59, "volume": 4136402, "typical_volume": 2622626.25, "trend": 5.070667, "fair_value": 8.568205, "relative_strength": -42.911575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.125761, "energy": 58.265134, "activity_lines": [ 3.692667, 3.729091, 4.084286, 4.444129 ] }, { "date": "2026-01-23", "close": 4.0, "volume": 9098897, "typical_volume": 2917143.35, "trend": 4.959667, "fair_value": 8.544487, "relative_strength": -37.375895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.150614, "energy": 40.12217, "activity_lines": [ 3.796667, 3.763455, 4.046381, 4.375054 ] }, { "date": "2026-01-30", "close": 3.9, "volume": 3434190, "typical_volume": 2879283.15, "trend": 4.844667, "fair_value": 8.520513, "relative_strength": -39.300121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.505318, "energy": 37.130334, "activity_lines": [ 3.844, 3.782909, 4.002286, 4.306688 ] }, { "date": "2026-02-06", "close": 3.63, "volume": 3212767, "typical_volume": 2942063.65, "trend": 4.722, "fair_value": 8.495256, "relative_strength": -41.509048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.681849, "energy": 39.807916, "activity_lines": [ 3.780667, 3.759273, 3.936619, 4.228323 ] }, { "date": "2026-02-13", "close": 3.6, "volume": 2180903, "typical_volume": 2992183.5, "trend": 4.603333, "fair_value": 8.466795, "relative_strength": -41.329326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.602939, "energy": 41.164519, "activity_lines": [ 3.720667, 3.734727, 3.874857, 4.155935 ] }, { "date": "2026-02-20", "close": 3.44, "volume": 2707653, "typical_volume": 3033528.75, "trend": 4.494333, "fair_value": 8.435064, "relative_strength": -41.378083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.039752, "energy": 49.657115, "activity_lines": [ 3.619333, 3.682364, 3.806381, 4.080882 ] }, { "date": "2026-02-27", "close": 2.96, "volume": 4065259, "typical_volume": 3170071.6, "trend": 4.372667, "fair_value": 8.400192, "relative_strength": -47.373964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.53035, "energy": 74.943688, "activity_lines": [ 3.368, 3.547636, 3.701762, 3.981892 ] }, { "date": "2026-03-06", "close": 3.01, "volume": 1709338, "typical_volume": 3212621.5, "trend": 4.279333, "fair_value": 8.365577, "relative_strength": -45.812749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.47747, "energy": 82.142591, "activity_lines": [ 3.202667, 3.434545, 3.613095, 3.893978 ] }, { "date": "2026-03-13", "close": 2.94, "volume": 1011973, "typical_volume": 3205724.95, "trend": 4.198667, "fair_value": 8.33141, "relative_strength": -46.598728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.519914, "energy": 86.165982, "activity_lines": [ 3.073333, 3.319273, 3.528333, 3.80757 ] }, { "date": "2026-03-20", "close": 2.95, "volume": 269044, "typical_volume": 2936623.4, "trend": 4.119, "fair_value": 8.298718, "relative_strength": -45.645822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.159824, "energy": 85.134087, "activity_lines": [ 2.993333, 3.222, 3.454667, 3.727011 ] }, { "date": "2026-03-27", "close": 3.03, "volume": 559508, "typical_volume": 2854006.3, "trend": 4.047333, "fair_value": 8.266667, "relative_strength": -43.842021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.760875, "energy": 70.469102, "activity_lines": [ 2.983333, 3.154364, 3.396143, 3.656753 ] }, { "date": "2026-04-03", "close": 2.97, "volume": 725570, "typical_volume": 2773774.85, "trend": 3.989667, "fair_value": 8.236987, "relative_strength": -44.777074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.216288, "energy": 61.714985, "activity_lines": [ 2.980667, 3.086, 3.33819, 3.587247 ] }, { "date": "2026-04-10", "close": 3.09, "volume": 3880899, "typical_volume": 2828852.75, "trend": 3.933667, "fair_value": 8.207179, "relative_strength": -41.860229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.792911, "energy": 51.790535, "activity_lines": [ 3.017333, 3.058182, 3.297429, 3.529204 ] }, { "date": "2026-04-17", "close": 3.14, "volume": 4089087, "typical_volume": 2903548.95, "trend": 3.87, "fair_value": 8.176026, "relative_strength": -40.752177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.671775, "energy": 40.706527, "activity_lines": [ 3.065333, 3.054182, 3.266857, 3.478 ] }, { "date": "2026-04-24", "close": 3.0, "volume": 1899429, "typical_volume": 2858563.45, "trend": 3.790333, "fair_value": 8.142179, "relative_strength": -39.887549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.706396, "energy": 42.229994, "activity_lines": [ 3.053333, 3.033636, 3.226476, 3.421871 ] }, { "date": "2026-05-01", "close": 2.98, "volume": 1506312, "typical_volume": 2736924.0, "trend": 3.708, "fair_value": 8.108205, "relative_strength": -39.395783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.586042, "energy": 40.233165, "activity_lines": [ 3.031333, 3.020364, 3.187381, 3.369591 ] }, { "date": "2026-05-08", "close": 3.01, "volume": 3100888, "typical_volume": 2805150.7, "trend": 3.631333, "fair_value": 8.074295, "relative_strength": -36.709652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.157854, "energy": 39.51161, "activity_lines": [ 3.022667, 3.020909, 3.154619, 3.324559 ] }, { "date": "2026-05-15", "close": 3.04, "volume": 2225038, "typical_volume": 2880848.65, "trend": 3.558333, "fair_value": 8.037821, "relative_strength": -34.75411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.411173, "energy": 41.560028, "activity_lines": [ 3.021333, 3.026, 3.127762, 3.286409 ] }, { "date": "2026-05-22", "close": 3.02, "volume": 1626618, "typical_volume": 2773189.7, "trend": 3.49, "fair_value": 8.001667, "relative_strength": -34.215097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.136712, "energy": 39.273503, "activity_lines": [ 3.016667, 3.026909, 3.101619, 3.251677 ] }, { "date": "2026-05-29", "close": 3.02, "volume": 0, "typical_volume": 2571988.75, "trend": 3.439667, "fair_value": 7.958846, "relative_strength": -32.978362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.674689, "energy": 38.612312, "activity_lines": [ 3.02, 3.026364, 3.079333, 3.221355 ] }, { "date": "2026-06-05", "close": 3.05, "volume": 2063556, "typical_volume": 2468346.45, "trend": 3.396333, "fair_value": 7.915513, "relative_strength": -30.846109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.91934, "energy": 32.597121, "activity_lines": [ 3.032, 3.03, 3.063524, 3.196215 ] }, { "date": "2026-06-12", "close": 3.32, "volume": 8061136, "typical_volume": 2416458.4, "trend": 3.367667, "fair_value": 7.875192, "relative_strength": -23.771658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.608935, "energy": 7.841161, "activity_lines": [ 3.129333, 3.082364, 3.076, 3.19129 ] }, { "date": "2026-06-19", "close": 3.25, "volume": 5479646, "typical_volume": 2518731.2, "trend": 3.335, "fair_value": 7.832564, "relative_strength": -24.646194, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.857512, "energy": 11.354839, "activity_lines": [ 3.182667, 3.115636, 3.085048, 3.183699 ] }, { "date": "2026-06-26", "close": 3.2, "volume": 3374819, "typical_volume": 2526833.8, "trend": 3.312333, "fair_value": 7.789615, "relative_strength": -23.121515, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.234942, "energy": 15.904785, "activity_lines": [ 3.205333, 3.136909, 3.092429, 3.174989 ] }, { "date": "2026-07-03", "close": 3.44, "volume": 5334341, "typical_volume": 2684505.7, "trend": 3.304667, "fair_value": 7.749359, "relative_strength": -15.104023, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.856338, "energy": 24.590397, "activity_lines": [ 3.296, 3.200727, 3.124714, 3.183226 ] }, { "date": "2026-07-10", "close": 3.27, "volume": 1695244, "typical_volume": 2633885.25, "trend": 3.29, "fair_value": 7.709423, "relative_strength": -17.699051, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.768639, "energy": 28.104417, "activity_lines": [ 3.302, 3.225636, 3.141571, 3.180989 ] }, { "date": "2026-07-17", "close": 3.25, "volume": 1527280, "typical_volume": 2506986.3, "trend": 3.276667, "fair_value": 7.665641, "relative_strength": -16.003587, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.029205, "energy": 26.528952, "activity_lines": [ 3.286667, 3.241636, 3.157333, 3.178409 ] }, { "date": "2026-07-24", "close": 3.15, "volume": 833656, "typical_volume": 2463202.2, "trend": 3.262, "fair_value": 7.620962, "relative_strength": -17.729671, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.998418, "energy": 13.306469, "activity_lines": [ 3.242667, 3.235091, 3.16219, 3.170237 ] }, { "date": "2026-07-31", "close": 3.09, "volume": 1352402, "typical_volume": 2480223.65, "trend": 3.237333, "fair_value": 7.576987, "relative_strength": -16.256414, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.752988, "energy": 13.667282, "activity_lines": [ 3.185333, 3.215636, 3.160667, 3.15914 ] }, { "date": "2026-08-07", "close": 3.3, "volume": 5578433, "typical_volume": 2745693.1, "trend": 3.221333, "fair_value": 7.533654, "relative_strength": -11.53567, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.910509, "energy": 7.762206, "activity_lines": [ 3.205333, 3.233091, 3.178429, 3.163183 ] } ], "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." } } }