{ "ticker": { "uuid": "22391ffe-6d3f-46f5-ab43-1065358730a7", "symbol": "VCP", "name": "Victoria PLC", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 64.841, "architecture_energy": 62.534, "architecture_maturity": 49.029, "architecture_confidence": 88.079, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 11.86, "rotation_up": 63.25, "upward_expansion": 84.83, "deceleration": 65.86, "rotation_down": 19.52, "downward_expansion": 11.5 }, "activity_lines": [ 0.643367, 0.616318, 0.530586, 0.468841 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 0.6015, "trend_reference": 0.397833, "distance_from_trend": 0.51194, "trend_direction": "Improving", "fair_value": 1.458587, "distance_from_fair_value": -0.587614, "fair_value_direction": "Improving", "relative_strength": 20.580784, "relative_strength_direction": "Improving", "price_momentum": 1.231911, "excess_performance": 1.180676, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.51194, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.179231, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.587614, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.247609, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.205808, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.630917, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.231911, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.623629, "read": "Demand-led" } ], "volume": { "latest": 371536, "relative_activity": 0.245403, "balance": 1.623629, "dry_up": 0.550808, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.137657, "annualized_volatility": 1.023136, "from_high_reference": -0.35253, "from_low_reference": 2.087782 }, "levels": { "trend_reference": 0.397833, "fair_value_reference": 1.458587, "structural_low": 0.1948, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": -0.022831, "positive_rate": 0.363636, "directional_follow_through": 0.363636, "median_excess_return": -0.01337, "regime_survival": 0.636364, "best_return": 0.41649, "worst_return": -0.193103, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.144516, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.161164, "regime_survival": 0.0, "best_return": -0.105023, "worst_return": -0.444444, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.251336, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.267234, "regime_survival": 0.5, "best_return": 0.118375, "worst_return": -0.613389, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.562009, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.553253, "regime_survival": 0.0, "best_return": -0.545936, "worst_return": -0.578082, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-09-01", "end": "2023-10-06", "tenure": "Developing", "return": -0.211744, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-13", "end": "2023-10-27", "tenure": "New", "return": -0.155612, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-03", "end": "2025-01-03", "tenure": "Extended", "return": -0.774133, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-10", "end": "2025-02-28", "tenure": "Developing", "return": -0.208517, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.226415, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": -0.032181, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": -0.228205, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": 0.179402, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-20", "end": "2025-08-01", "tenure": "Developing", "return": 0.310395, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-26", "tenure": "Developing", "return": -0.255556, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-03", "end": "2026-04-17", "tenure": "Extended", "return": -0.373183, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-24", "end": "2026-05-22", "tenure": "Developing", "return": -0.074074, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": 0.286479, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.27167, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.68, "volume": 4234124, "typical_volume": 1647694.2, "trend": 5.6015, "fair_value": 6.992051, "relative_strength": 32.01745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.955773, "energy": 46.596636, "activity_lines": [ 6.760667, 6.630909, 6.189333, 5.908559 ] }, { "date": "2023-08-25", "close": 5.96, "volume": 628704, "typical_volume": 1670509.5, "trend": 5.645167, "fair_value": 7.008141, "relative_strength": 15.537921, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.672289, "energy": 25.616738, "activity_lines": [ 6.46, 6.540364, 6.205262, 5.931688 ] }, { "date": "2023-09-01", "close": 5.62, "volume": 582946, "typical_volume": 1689173.6, "trend": 5.673833, "fair_value": 7.022372, "relative_strength": 6.392916, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.28825, "energy": 17.31844, "activity_lines": [ 6.125333, 6.385091, 6.182714, 5.930065 ] }, { "date": "2023-09-08", "close": 5.31, "volume": 818931, "typical_volume": 1725516.85, "trend": 5.672167, "fair_value": 7.035897, "relative_strength": 0.184647, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.236783, "energy": 18.436167, "activity_lines": [ 5.794, 6.183818, 6.126048, 5.906591 ] }, { "date": "2023-09-15", "close": 6.32, "volume": 3709316, "typical_volume": 1873071.4, "trend": 5.7015, "fair_value": 7.055769, "relative_strength": 15.133385, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.819477, "energy": 24.324655, "activity_lines": [ 5.886667, 6.176727, 6.162976, 5.948387 ] }, { "date": "2023-09-22", "close": 5.5, "volume": 3203053, "typical_volume": 2002511.65, "trend": 5.702167, "fair_value": 7.070833, "relative_strength": 0.27827, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.553537, "energy": 16.268134, "activity_lines": [ 5.727333, 6.015818, 6.116524, 5.935387 ] }, { "date": "2023-09-29", "close": 5.2, "volume": 6816171, "typical_volume": 2299913.8, "trend": 5.6875, "fair_value": 7.085096, "relative_strength": -4.352205, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.410029, "energy": 24.450651, "activity_lines": [ 5.546667, 5.815455, 6.042357, 5.902989 ] }, { "date": "2023-10-06", "close": 4.43, "volume": 3337254, "typical_volume": 2441662.05, "trend": 5.641833, "fair_value": 7.092179, "relative_strength": -17.192922, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.811029, "energy": 41.389503, "activity_lines": [ 5.16, 5.510545, 5.894952, 5.82186 ] }, { "date": "2023-10-13", "close": 3.92, "volume": 960437, "typical_volume": 2264449.95, "trend": 5.601833, "fair_value": 7.087821, "relative_strength": -27.601306, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.752459, "energy": 64.526327, "activity_lines": [ 4.682667, 5.163636, 5.701095, 5.710774 ] }, { "date": "2023-10-20", "close": 3.36, "volume": 4833462, "typical_volume": 2337007.15, "trend": 5.545833, "fair_value": 7.075385, "relative_strength": -35.746685, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.510122, "energy": 73.905459, "activity_lines": [ 4.111333, 4.764, 5.458667, 5.56614 ] }, { "date": "2023-10-27", "close": 3.31, "volume": 893290, "typical_volume": 2210487.6, "trend": 5.492833, "fair_value": 7.066474, "relative_strength": -35.200195, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.927378, "energy": 85.229198, "activity_lines": [ 3.720667, 4.414909, 5.222952, 5.421892 ] }, { "date": "2023-11-03", "close": 3.75, "volume": 1146560, "typical_volume": 2246926.75, "trend": 5.461833, "fair_value": 7.064872, "relative_strength": -27.639113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.354341, "energy": 80.524545, "activity_lines": [ 3.622667, 4.207091, 5.039571, 5.309452 ] }, { "date": "2023-11-10", "close": 4.38, "volume": 3307019, "typical_volume": 2311251.1, "trend": 5.452667, "fair_value": 7.064904, "relative_strength": -14.393637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.73119, "energy": 65.224425, "activity_lines": [ 3.831333, 4.154, 4.925952, 5.239656 ] }, { "date": "2023-11-17", "close": 3.335, "volume": 1680940, "typical_volume": 2251293.6, "trend": 5.405, "fair_value": 7.052692, "relative_strength": -35.732052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.106537, "energy": 53.066091, "activity_lines": [ 3.695, 3.933455, 4.721429, 5.103032 ] }, { "date": "2023-11-24", "close": 2.565, "volume": 2626681, "typical_volume": 2318610.5, "trend": 5.316833, "fair_value": 7.030673, "relative_strength": -50.099927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.206582, "energy": 56.826422, "activity_lines": [ 3.341, 3.608818, 4.455738, 4.919806 ] }, { "date": "2023-12-01", "close": 2.54, "volume": 679243, "typical_volume": 2211177.1, "trend": 5.212167, "fair_value": 7.008109, "relative_strength": -50.518939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.517935, "energy": 59.249985, "activity_lines": [ 3.031667, 3.347909, 4.20431, 4.740656 ] }, { "date": "2023-12-08", "close": 2.655, "volume": 520572, "typical_volume": 2115028.0, "trend": 5.126667, "fair_value": 6.985641, "relative_strength": -48.028472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.267853, "energy": 74.8378, "activity_lines": [ 2.812, 3.161727, 3.981881, 4.575677 ] }, { "date": "2023-12-15", "close": 3.07, "volume": 1182749, "typical_volume": 2127542.1, "trend": 5.0665, "fair_value": 6.965577, "relative_strength": -39.70698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.76763, "energy": 69.594781, "activity_lines": [ 2.803667, 3.097273, 3.820381, 4.442989 ] }, { "date": "2023-12-22", "close": 3.1, "volume": 2070699, "typical_volume": 2175208.25, "trend": 5.005833, "fair_value": 6.945705, "relative_strength": -39.568768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.228954, "energy": 56.699947, "activity_lines": [ 2.892667, 3.063, 3.6815, 4.316118 ] }, { "date": "2023-12-29", "close": 3.02, "volume": 1273995, "typical_volume": 2225307.3, "trend": 4.914167, "fair_value": 6.923077, "relative_strength": -40.965721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.116901, "energy": 48.209483, "activity_lines": [ 2.970667, 3.029091, 3.551762, 4.188 ] }, { "date": "2024-01-05", "close": 2.8, "volume": 483826, "typical_volume": 2037792.4, "trend": 4.824167, "fair_value": 6.897436, "relative_strength": -44.291995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.864998, "energy": 47.182075, "activity_lines": [ 2.945, 2.961364, 3.41831, 4.051602 ] }, { "date": "2024-01-12", "close": 2.57, "volume": 417366, "typical_volume": 2027225.5, "trend": 4.7165, "fair_value": 6.868526, "relative_strength": -47.844113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.295496, "energy": 50.203671, "activity_lines": [ 2.825333, 2.861091, 3.281429, 3.906172 ] }, { "date": "2024-01-19", "close": 2.58, "volume": 596619, "typical_volume": 2027909.15, "trend": 4.596167, "fair_value": 6.842115, "relative_strength": -45.998363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.113539, "energy": 53.678049, "activity_lines": [ 2.714667, 2.784091, 3.161643, 3.768333 ] }, { "date": "2024-01-26", "close": 2.795, "volume": 849991, "typical_volume": 2029462.15, "trend": 4.493, "fair_value": 6.815801, "relative_strength": -42.422811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.708256, "energy": 50.312254, "activity_lines": [ 2.708333, 2.778909, 3.07681, 3.652129 ] }, { "date": "2024-02-02", "close": 2.62, "volume": 374196, "typical_volume": 1862706.15, "trend": 4.378333, "fair_value": 6.785545, "relative_strength": -45.46273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.437672, "energy": 50.623883, "activity_lines": [ 2.664, 2.751727, 2.987286, 3.53129 ] }, { "date": "2024-02-09", "close": 2.7, "volume": 370062, "typical_volume": 1721056.6, "trend": 4.257333, "fair_value": 6.75734, "relative_strength": -42.916225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.616403, "energy": 47.687828, "activity_lines": [ 2.673, 2.738091, 2.923, 3.423011 ] }, { "date": "2024-02-16", "close": 2.73, "volume": 211292, "typical_volume": 1390812.65, "trend": 4.11, "fair_value": 6.725224, "relative_strength": -42.749092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.13506, "energy": 44.483299, "activity_lines": [ 2.698667, 2.727, 2.874905, 3.324473 ] }, { "date": "2024-02-23", "close": 2.54, "volume": 206971, "typical_volume": 1234298.5, "trend": 3.954, "fair_value": 6.689583, "relative_strength": -46.082622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.487024, "energy": 50.595531, "activity_lines": [ 2.650333, 2.68, 2.820476, 3.223183 ] }, { "date": "2024-03-01", "close": 2.56, "volume": 560797, "typical_volume": 1214316.5, "trend": 3.818667, "fair_value": 6.654327, "relative_strength": -44.83642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.029801, "energy": 47.043708, "activity_lines": [ 2.611333, 2.646273, 2.776952, 3.133247 ] }, { "date": "2024-03-08", "close": 2.63, "volume": 1388802, "typical_volume": 1042083.5, "trend": 3.685, "fair_value": 6.62016, "relative_strength": -42.416565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.266586, "energy": 42.416313, "activity_lines": [ 2.611333, 2.635091, 2.746571, 3.056559 ] }, { "date": "2024-03-15", "close": 2.335, "volume": 3236536, "typical_volume": 1159245.8, "trend": 3.540167, "fair_value": 6.584487, "relative_strength": -48.668164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.487971, "energy": 50.980662, "activity_lines": [ 2.512333, 2.577364, 2.691571, 2.969462 ] }, { "date": "2024-03-22", "close": 2.58, "volume": 3122615, "typical_volume": 1258048.55, "trend": 3.4275, "fair_value": 6.547564, "relative_strength": -44.08859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.60829, "energy": 43.461461, "activity_lines": [ 2.519333, 2.572636, 2.664548, 2.907516 ] }, { "date": "2024-03-29", "close": 2.645, "volume": 2356710, "typical_volume": 1210533.1, "trend": 3.328333, "fair_value": 6.510288, "relative_strength": -42.245642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.358868, "energy": 36.779863, "activity_lines": [ 2.558, 2.579545, 2.649286, 2.857032 ] }, { "date": "2024-04-05", "close": 2.935, "volume": 3034732, "typical_volume": 1278222.7, "trend": 3.249167, "fair_value": 6.472692, "relative_strength": -35.07169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.042536, "energy": 19.151938, "activity_lines": [ 2.686333, 2.638, 2.669905, 2.831656 ] }, { "date": "2024-04-12", "close": 2.435, "volume": 2522056, "typical_volume": 1272991.45, "trend": 3.119667, "fair_value": 6.431891, "relative_strength": -46.181855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.56105, "energy": 21.869848, "activity_lines": [ 2.623, 2.603, 2.64481, 2.779129 ] }, { "date": "2024-04-19", "close": 2.4, "volume": 856715, "typical_volume": 1281865.05, "trend": 3.016333, "fair_value": 6.388686, "relative_strength": -45.735839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.284442, "energy": 27.833559, "activity_lines": [ 2.561, 2.565, 2.617, 2.732699 ] }, { "date": "2024-04-26", "close": 1.95, "volume": 2349775, "typical_volume": 1373325.2, "trend": 2.908, "fair_value": 6.338365, "relative_strength": -56.602124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.376175, "energy": 44.805556, "activity_lines": [ 2.344667, 2.450636, 2.547, 2.663903 ] }, { "date": "2024-05-03", "close": 2.045, "volume": 851200, "typical_volume": 1356747.75, "trend": 2.8285, "fair_value": 6.283846, "relative_strength": -54.127178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.940801, "energy": 69.028491, "activity_lines": [ 2.202, 2.367727, 2.489405, 2.608226 ] }, { "date": "2024-05-10", "close": 1.958, "volume": 495010, "typical_volume": 1277963.3, "trend": 2.7631, "fair_value": 6.227167, "relative_strength": -56.547064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.872527, "energy": 75.563594, "activity_lines": [ 2.070333, 2.278, 2.428405, 2.552065 ] }, { "date": "2024-05-17", "close": 2.095, "volume": 1402549, "typical_volume": 1284391.0, "trend": 2.720933, "fair_value": 6.168481, "relative_strength": -52.78695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.545081, "energy": 72.235096, "activity_lines": [ 2.049467, 2.224127, 2.38589, 2.508961 ] }, { "date": "2024-05-24", "close": 2.26, "volume": 2947840, "typical_volume": 1407591.7, "trend": 2.685933, "fair_value": 6.118545, "relative_strength": -47.727453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.689333, "energy": 51.319816, "activity_lines": [ 2.106267, 2.209982, 2.363495, 2.479224 ] }, { "date": "2024-05-31", "close": 1.952, "volume": 3849209, "typical_volume": 1579183.85, "trend": 2.626, "fair_value": 6.066955, "relative_strength": -53.726421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.858554, "energy": 43.83079, "activity_lines": [ 2.069733, 2.1412, 2.314338, 2.431873 ] }, { "date": "2024-06-07", "close": 1.79, "volume": 1099484, "typical_volume": 1604327.1, "trend": 2.539667, "fair_value": 6.014455, "relative_strength": -56.576571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.128965, "energy": 46.645541, "activity_lines": [ 1.979067, 2.054382, 2.252695, 2.377938 ] }, { "date": "2024-06-14", "close": 1.82, "volume": 1162760, "typical_volume": 1619965.55, "trend": 2.489167, "fair_value": 5.962532, "relative_strength": -54.375189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.808552, "energy": 48.891053, "activity_lines": [ 1.9154, 1.988564, 2.197671, 2.331508 ] }, { "date": "2024-06-21", "close": 1.736, "volume": 2029084, "typical_volume": 1702709.95, "trend": 2.461533, "fair_value": 5.906353, "relative_strength": -55.888561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.995376, "energy": 67.1175, "activity_lines": [ 1.832933, 1.927745, 2.13929, 2.282916 ] }, { "date": "2024-06-28", "close": 1.794, "volume": 1803382, "typical_volume": 1774375.95, "trend": 2.436667, "fair_value": 5.844776, "relative_strength": -52.938611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.700198, "energy": 65.198254, "activity_lines": [ 1.793733, 1.890182, 2.090643, 2.239849 ] }, { "date": "2024-07-05", "close": 1.638, "volume": 763029, "typical_volume": 1801962.8, "trend": 2.402767, "fair_value": 5.785083, "relative_strength": -56.09026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.487686, "energy": 68.077327, "activity_lines": [ 1.7336, 1.835273, 2.031452, 2.188323 ] }, { "date": "2024-07-12", "close": 1.67, "volume": 1431751, "typical_volume": 1863201.8, "trend": 2.3561, "fair_value": 5.725596, "relative_strength": -54.242144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.292174, "energy": 64.105016, "activity_lines": [ 1.705067, 1.791855, 1.98051, 2.141047 ] }, { "date": "2024-07-19", "close": 1.55, "volume": 381989, "typical_volume": 1854261.4, "trend": 2.304433, "fair_value": 5.66534, "relative_strength": -55.589205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.940539, "energy": 61.970965, "activity_lines": [ 1.644533, 1.733436, 1.922281, 2.089041 ] }, { "date": "2024-07-26", "close": 1.57, "volume": 289577, "typical_volume": 1799300.15, "trend": 2.2561, "fair_value": 5.608096, "relative_strength": -54.179964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.203905, "energy": 70.661863, "activity_lines": [ 1.608667, 1.686073, 1.870767, 2.041658 ] }, { "date": "2024-08-02", "close": 1.672, "volume": 398053, "typical_volume": 1657376.0, "trend": 2.2185, "fair_value": 5.550224, "relative_strength": -48.948449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.937898, "energy": 56.613042, "activity_lines": [ 1.617867, 1.6668, 1.834014, 2.003974 ] }, { "date": "2024-08-09", "close": 1.744, "volume": 524797, "typical_volume": 1527485.1, "trend": 2.190967, "fair_value": 5.492173, "relative_strength": -44.938983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.02691, "energy": 44.625428, "activity_lines": [ 1.6592, 1.671309, 1.807276, 1.973361 ] }, { "date": "2024-08-16", "close": 1.65, "volume": 528499, "typical_volume": 1436074.55, "trend": 2.159967, "fair_value": 5.436724, "relative_strength": -46.905688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.127467, "energy": 40.285413, "activity_lines": [ 1.662133, 1.662509, 1.775567, 1.93846 ] }, { "date": "2024-08-23", "close": 1.55, "volume": 869890, "typical_volume": 1327832.45, "trend": 2.118467, "fair_value": 5.379673, "relative_strength": -48.565683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.934502, "energy": 42.011608, "activity_lines": [ 1.633067, 1.638073, 1.739071, 1.899108 ] }, { "date": "2024-08-30", "close": 1.376, "volume": 1066999, "typical_volume": 1255079.6, "trend": 2.077, "fair_value": 5.320545, "relative_strength": -53.139736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.873462, "energy": 52.11471, "activity_lines": [ 1.546, 1.586909, 1.6926, 1.851206 ] }, { "date": "2024-09-06", "close": 1.334, "volume": 913537, "typical_volume": 1257920.7, "trend": 2.031467, "fair_value": 5.264032, "relative_strength": -52.047732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.728541, "energy": 73.501523, "activity_lines": [ 1.457867, 1.534655, 1.647171, 1.803271 ] }, { "date": "2024-09-13", "close": 1.318, "volume": 245559, "typical_volume": 1152709.9, "trend": 1.9844, "fair_value": 5.209019, "relative_strength": -51.33001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.050311, "energy": 79.545645, "activity_lines": [ 1.386933, 1.487855, 1.605295, 1.757241 ] }, { "date": "2024-09-20", "close": 1.25, "volume": 708382, "typical_volume": 1145569.0, "trend": 1.9414, "fair_value": 5.158314, "relative_strength": -52.009434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.399137, "energy": 82.743922, "activity_lines": [ 1.321733, 1.434509, 1.559952, 1.70986 ] }, { "date": "2024-09-27", "close": 1.38, "volume": 1225785, "typical_volume": 1182107.75, "trend": 1.902067, "fair_value": 5.106904, "relative_strength": -45.894792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.320198, "energy": 73.955672, "activity_lines": [ 1.326533, 1.412436, 1.530776, 1.673641 ] }, { "date": "2024-10-04", "close": 1.324, "volume": 325120, "typical_volume": 1128236.3, "trend": 1.858533, "fair_value": 5.052571, "relative_strength": -46.388042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.269687, "energy": 61.153809, "activity_lines": [ 1.324, 1.383273, 1.499019, 1.636346 ] }, { "date": "2024-10-11", "close": 1.25, "volume": 247738, "typical_volume": 993231.2, "trend": 1.822367, "fair_value": 4.994878, "relative_strength": -47.997731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.016278, "energy": 58.231131, "activity_lines": [ 1.300267, 1.345127, 1.463886, 1.597086 ] }, { "date": "2024-10-18", "close": 1.108, "volume": 414728, "typical_volume": 821507.15, "trend": 1.7733, "fair_value": 4.933712, "relative_strength": -53.495192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.624484, "energy": 63.011995, "activity_lines": [ 1.2348, 1.288836, 1.420038, 1.550998 ] }, { "date": "2024-10-25", "close": 1.102, "volume": 191460, "typical_volume": 776105.95, "trend": 1.721867, "fair_value": 4.871545, "relative_strength": -52.097694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.959286, "energy": 74.030897, "activity_lines": [ 1.181333, 1.243018, 1.379638, 1.507688 ] }, { "date": "2024-11-01", "close": 0.979, "volume": 360558, "typical_volume": 735995.85, "trend": 1.656667, "fair_value": 4.810192, "relative_strength": -55.898412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.277671, "energy": 86.036182, "activity_lines": [ 1.096733, 1.1848, 1.3308, 1.459761 ] }, { "date": "2024-11-08", "close": 0.85, "volume": 609835, "typical_volume": 665033.4, "trend": 1.603833, "fair_value": 4.748013, "relative_strength": -59.818367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.308437, "energy": 93.666465, "activity_lines": [ 0.995867, 1.113509, 1.273681, 1.407718 ] }, { "date": "2024-11-15", "close": 0.548, "volume": 3083815, "typical_volume": 729055.05, "trend": 1.5421, "fair_value": 4.683577, "relative_strength": -73.329598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.819828, "energy": 97.591924, "activity_lines": [ 0.825933, 0.996873, 1.192019, 1.3396 ] }, { "date": "2024-11-22", "close": 0.4695, "volume": 4914532, "typical_volume": 936630.2, "trend": 1.49275, "fair_value": 4.617035, "relative_strength": -77.207593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.373898, "energy": 97.399544, "activity_lines": [ 0.676633, 0.880255, 1.108814, 1.2704 ] }, { "date": "2024-11-29", "close": 0.4305, "volume": 6212700, "typical_volume": 1175677.65, "trend": 1.438933, "fair_value": 4.542872, "relative_strength": -78.695452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.325348, "energy": 95.829014, "activity_lines": [ 0.5569, 0.771973, 1.02746, 1.201868 ] }, { "date": "2024-12-06", "close": 0.393, "volume": 33698821, "typical_volume": 2841519.25, "trend": 1.386767, "fair_value": 4.470391, "relative_strength": -80.124334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.223439, "energy": 93.706729, "activity_lines": [ 0.469433, 0.671773, 0.948436, 1.134388 ] }, { "date": "2024-12-13", "close": 0.475, "volume": 35757634, "typical_volume": 4614922.1, "trend": 1.332767, "fair_value": 4.395872, "relative_strength": -75.257482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.514539, "energy": 87.79186, "activity_lines": [ 0.448367, 0.604427, 0.882731, 1.075565 ] }, { "date": "2024-12-20", "close": 0.574, "volume": 42720930, "typical_volume": 6731065.95, "trend": 1.276567, "fair_value": 4.323269, "relative_strength": -68.432195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.858696, "energy": 67.485554, "activity_lines": [ 0.4853, 0.570518, 0.831669, 1.026612 ] }, { "date": "2024-12-27", "close": 0.73, "volume": 4857317, "typical_volume": 6947691.95, "trend": 1.235833, "fair_value": 4.251026, "relative_strength": -59.12208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.804848, "energy": 63.057438, "activity_lines": [ 0.5725, 0.577264, 0.800693, 0.991349 ] }, { "date": "2025-01-03", "close": 0.847, "volume": 8988146, "typical_volume": 7370674.3, "trend": 1.2044, "fair_value": 4.179853, "relative_strength": -51.895889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.663958, "energy": 42.944101, "activity_lines": [ 0.681333, 0.612155, 0.785688, 0.966263 ] }, { "date": "2025-01-10", "close": 1.362, "volume": 28371069, "typical_volume": 8745733.25, "trend": 1.189133, "fair_value": 4.11166, "relative_strength": -21.667276, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 2.540121, "energy": 26.233252, "activity_lines": [ 0.934067, 0.745318, 0.823555, 0.976431 ] }, { "date": "2025-01-17", "close": 1.232, "volume": 12796936, "typical_volume": 9332230.1, "trend": 1.172333, "fair_value": 4.053212, "relative_strength": -29.999512, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 4.941662, "energy": 31.706298, "activity_lines": [ 1.078867, 0.847882, 0.849936, 0.979197 ] }, { "date": "2025-01-24", "close": 1.306, "volume": 5622035, "typical_volume": 9567655.0, "trend": 1.156067, "fair_value": 4.002609, "relative_strength": -24.275284, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.642206, "energy": 46.249459, "activity_lines": [ 1.197867, 0.956955, 0.88405, 0.98782 ] }, { "date": "2025-01-31", "close": 1.104, "volume": 5612170, "typical_volume": 9835985.55, "trend": 1.138267, "fair_value": 3.945583, "relative_strength": -35.93758, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.310618, "energy": 41.0874, "activity_lines": [ 1.200733, 1.015518, 0.89906, 0.984461 ] }, { "date": "2025-02-07", "close": 1.16, "volume": 1571376, "typical_volume": 9879135.25, "trend": 1.121267, "fair_value": 3.892122, "relative_strength": -31.411073, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.826208, "energy": 35.459014, "activity_lines": [ 1.197333, 1.072727, 0.920421, 0.985863 ] }, { "date": "2025-02-14", "close": 1.26, "volume": 2510071, "typical_volume": 9943349.55, "trend": 1.1116, "fair_value": 3.850199, "relative_strength": -24.198521, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.431282, "energy": 37.169501, "activity_lines": [ 1.2064, 1.134855, 0.951736, 0.994814 ] }, { "date": "2025-02-21", "close": 1.176, "volume": 1803886, "typical_volume": 10017287.85, "trend": 1.098467, "fair_value": 3.811199, "relative_strength": -27.229982, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.553174, "energy": 24.517124, "activity_lines": [ 1.194267, 1.165945, 0.975621, 0.998969 ] }, { "date": "2025-02-28", "close": 1.078, "volume": 2295568, "typical_volume": 10119679.35, "trend": 1.078667, "fair_value": 3.770673, "relative_strength": -32.975888, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.583269, "energy": 14.987802, "activity_lines": [ 1.1532, 1.166473, 0.990879, 0.997648 ] }, { "date": "2025-03-07", "close": 1.06, "volume": 4249573, "typical_volume": 10311421.6, "trend": 1.055867, "fair_value": 3.735801, "relative_strength": -31.513502, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.009743, "energy": 12.117378, "activity_lines": [ 1.121333, 1.154564, 1.00524, 0.996444 ] }, { "date": "2025-03-14", "close": 0.878, "volume": 1512067, "typical_volume": 10377451.95, "trend": 1.030133, "fair_value": 3.690276, "relative_strength": -41.699281, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.033657, "energy": 11.308128, "activity_lines": [ 1.031733, 1.103564, 1.002498, 0.984969 ] }, { "date": "2025-03-21", "close": 0.901, "volume": 2264415, "typical_volume": 10472644.8, "trend": 1.0085, "fair_value": 3.638103, "relative_strength": -38.780256, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.461835, "energy": 15.9096, "activity_lines": [ 0.9686, 1.056182, 1.003012, 0.976638 ] }, { "date": "2025-03-28", "close": 0.932, "volume": 951267, "typical_volume": 10489716.4, "trend": 0.9937, "fair_value": 3.587795, "relative_strength": -35.11318, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.265491, "energy": 16.805513, "activity_lines": [ 0.939733, 1.022818, 1.00685, 0.971702 ] }, { "date": "2025-04-04", "close": 0.729, "volume": 929952, "typical_volume": 10382023.25, "trend": 0.973533, "fair_value": 3.54016, "relative_strength": -43.607389, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.932582, "energy": 31.040395, "activity_lines": [ 0.859467, 0.958, 0.990964, 0.954625 ] }, { "date": "2025-04-11", "close": 0.82, "volume": 1705954, "typical_volume": 10221594.35, "trend": 0.956933, "fair_value": 3.498365, "relative_strength": -34.256762, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.579938, "energy": 36.742763, "activity_lines": [ 0.8328, 0.920218, 0.982883, 0.944719 ] }, { "date": "2025-04-18", "close": 0.839, "volume": 879604, "typical_volume": 9954939.55, "trend": 0.943233, "fair_value": 3.458744, "relative_strength": -33.614039, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.176911, "energy": 42.111492, "activity_lines": [ 0.828467, 0.891055, 0.974943, 0.937111 ] }, { "date": "2025-04-25", "close": 0.853, "volume": 712851, "typical_volume": 8305641.05, "trend": 0.925667, "fair_value": 3.423186, "relative_strength": -32.450356, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.286656, "energy": 38.474221, "activity_lines": [ 0.8314, 0.870273, 0.96639, 0.931289 ] }, { "date": "2025-05-02", "close": 0.812, "volume": 499371, "typical_volume": 6542727.9, "trend": 0.9086, "fair_value": 3.393006, "relative_strength": -35.780095, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.181549, "energy": 31.364105, "activity_lines": [ 0.823867, 0.849436, 0.951743, 0.923956 ] }, { "date": "2025-05-09", "close": 0.78, "volume": 434092, "typical_volume": 4428386.0, "trend": 0.892933, "fair_value": 3.361468, "relative_strength": -36.84684, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.593977, "energy": 26.134992, "activity_lines": [ 0.813667, 0.8294, 0.932443, 0.915659 ] }, { "date": "2025-05-16", "close": 0.73, "volume": 1446547, "typical_volume": 4257847.5, "trend": 0.880333, "fair_value": 3.325763, "relative_strength": -40.472198, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.902596, "energy": 28.900187, "activity_lines": [ 0.7834, 0.805691, 0.9074, 0.905147 ] }, { "date": "2025-05-23", "close": 0.602, "volume": 1785483, "typical_volume": 3897714.35, "trend": 0.863667, "fair_value": 3.295647, "relative_strength": -49.710008, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -48.401689, "energy": 54.413898, "activity_lines": [ 0.716467, 0.764709, 0.870167, 0.88719 ] }, { "date": "2025-05-30", "close": 0.602, "volume": 1365362, "typical_volume": 2547429.0, "trend": 0.8511, "fair_value": 3.263865, "relative_strength": -48.823054, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.586363, "energy": 64.319761, "activity_lines": [ 0.665333, 0.728745, 0.8341, 0.870309 ] }, { "date": "2025-06-06", "close": 0.652, "volume": 1901603, "typical_volume": 2002662.35, "trend": 0.8445, "fair_value": 3.238173, "relative_strength": -43.828731, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.93567, "energy": 66.332203, "activity_lines": [ 0.6476, 0.707309, 0.806414, 0.857463 ] }, { "date": "2025-06-13", "close": 0.71, "volume": 3557829, "typical_volume": 1899452.05, "trend": 0.8499, "fair_value": 3.214519, "relative_strength": -37.611722, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.065155, "energy": 73.571863, "activity_lines": [ 0.659867, 0.701509, 0.787014, 0.848786 ] }, { "date": "2025-06-20", "close": 0.683, "volume": 878397, "typical_volume": 1662763.4, "trend": 0.857017, "fair_value": 3.18941, "relative_strength": -38.23748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.006177, "energy": 65.046346, "activity_lines": [ 0.6678, 0.691145, 0.767881, 0.838018 ] }, { "date": "2025-06-27", "close": 0.679, "volume": 2063433, "typical_volume": 1687366.25, "trend": 0.8653, "fair_value": 3.165045, "relative_strength": -37.406298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.296293, "energy": 40.946615, "activity_lines": [ 0.677533, 0.682545, 0.750371, 0.826533 ] }, { "date": "2025-07-04", "close": 0.73, "volume": 1284055, "typical_volume": 1626065.45, "trend": 0.876533, "fair_value": 3.140109, "relative_strength": -31.641171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.049329, "energy": 31.396444, "activity_lines": [ 0.699133, 0.686127, 0.74001, 0.817804 ] }, { "date": "2025-07-11", "close": 0.82, "volume": 2340793, "typical_volume": 1652910.8, "trend": 0.888033, "fair_value": 3.116776, "relative_strength": -22.872635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.214184, "energy": 21.292133, "activity_lines": [ 0.7422, 0.708309, 0.740743, 0.814157 ] }, { "date": "2025-07-18", "close": 0.69, "volume": 1092156, "typical_volume": 1592740.2, "trend": 0.8919, "fair_value": 3.093314, "relative_strength": -34.263518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.137639, "energy": 21.741557, "activity_lines": [ 0.730733, 0.706709, 0.73079, 0.801381 ] }, { "date": "2025-07-25", "close": 0.8, "volume": 3323068, "typical_volume": 1546414.95, "trend": 0.894233, "fair_value": 3.074596, "relative_strength": -23.573792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.785542, "energy": 19.125675, "activity_lines": [ 0.757267, 0.726745, 0.733162, 0.795452 ] }, { "date": "2025-08-01", "close": 0.895, "volume": 4053656, "typical_volume": 1673494.4, "trend": 0.895833, "fair_value": 3.054949, "relative_strength": -12.458244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 7.488393, "energy": 17.187693, "activity_lines": [ 0.807667, 0.762782, 0.745819, 0.795501 ] }, { "date": "2025-08-08", "close": 0.9, "volume": 4717696, "typical_volume": 1796158.45, "trend": 0.880433, "fair_value": 3.0345, "relative_strength": -10.482053, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.04041, "energy": 18.051274, "activity_lines": [ 0.845333, 0.7944, 0.758871, 0.79577 ] }, { "date": "2025-08-15", "close": 0.778, "volume": 688299, "typical_volume": 1783010.05, "trend": 0.8653, "fair_value": 3.016346, "relative_strength": -21.432527, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.614746, "energy": 16.857096, "activity_lines": [ 0.831, 0.798418, 0.76031, 0.789161 ] }, { "date": "2025-08-22", "close": 0.728, "volume": 920471, "typical_volume": 1782536.0, "trend": 0.846033, "fair_value": 2.997679, "relative_strength": -26.512309, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.100307, "energy": 15.144232, "activity_lines": [ 0.8028, 0.791055, 0.757719, 0.780303 ] }, { "date": "2025-08-29", "close": 0.713, "volume": 874069, "typical_volume": 1740941.75, "trend": 0.833, "fair_value": 2.978596, "relative_strength": -25.812582, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.416935, "energy": 15.286744, "activity_lines": [ 0.767067, 0.780636, 0.753705, 0.77172 ] }, { "date": "2025-09-05", "close": 0.678, "volume": 622353, "typical_volume": 1728079.2, "trend": 0.816933, "fair_value": 2.952173, "relative_strength": -28.438068, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.172349, "energy": 28.163065, "activity_lines": [ 0.725467, 0.763309, 0.746867, 0.76172 ] }, { "date": "2025-09-12", "close": 0.68, "volume": 569832, "typical_volume": 1720928.25, "trend": 0.7976, "fair_value": 2.925955, "relative_strength": -27.643712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.286375, "energy": 32.264105, "activity_lines": [ 0.699, 0.746364, 0.740986, 0.752886 ] }, { "date": "2025-09-19", "close": 0.689, "volume": 426096, "typical_volume": 1717264.5, "trend": 0.781367, "fair_value": 2.902744, "relative_strength": -25.058295, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.31034, "energy": 39.817715, "activity_lines": [ 0.6902, 0.731964, 0.736786, 0.74588 ] }, { "date": "2025-09-26", "close": 0.67, "volume": 575362, "typical_volume": 1724328.0, "trend": 0.767767, "fair_value": 2.878641, "relative_strength": -26.328767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.628755, "energy": 48.296326, "activity_lines": [ 0.681, 0.716491, 0.731362, 0.738695 ] }, { "date": "2025-10-03", "close": 0.619, "volume": 1215371, "typical_volume": 1712769.2, "trend": 0.753067, "fair_value": 2.85434, "relative_strength": -32.156365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.899452, "energy": 52.001959, "activity_lines": [ 0.658667, 0.692109, 0.721605, 0.729097 ] }, { "date": "2025-10-10", "close": 0.59, "volume": 188107, "typical_volume": 1632900.4, "trend": 0.743467, "fair_value": 2.832353, "relative_strength": -33.718901, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.487884, "energy": 59.00798, "activity_lines": [ 0.632933, 0.665745, 0.709614, 0.718576 ] }, { "date": "2025-10-17", "close": 0.542, "volume": 1028374, "typical_volume": 1616051.0, "trend": 0.7315, "fair_value": 2.801596, "relative_strength": -37.689721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.672691, "energy": 70.478542, "activity_lines": [ 0.597067, 0.6362, 0.69311, 0.705578 ] }, { "date": "2025-10-24", "close": 0.595, "volume": 1458707, "typical_volume": 1593906.2, "trend": 0.720267, "fair_value": 2.771051, "relative_strength": -32.658834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.915202, "energy": 68.458954, "activity_lines": [ 0.588067, 0.6228, 0.681938, 0.696772 ] }, { "date": "2025-10-31", "close": 0.544, "volume": 456096, "typical_volume": 1438819.55, "trend": 0.7141, "fair_value": 2.746077, "relative_strength": -38.056329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.131053, "energy": 72.768162, "activity_lines": [ 0.568333, 0.603455, 0.666181, 0.6854 ] }, { "date": "2025-11-07", "close": 0.4645, "volume": 998222, "typical_volume": 1444810.8, "trend": 0.70225, "fair_value": 2.712516, "relative_strength": -46.263747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.701659, "energy": 85.290084, "activity_lines": [ 0.5305, 0.573, 0.643643, 0.669297 ] }, { "date": "2025-11-14", "close": 0.426, "volume": 783825, "typical_volume": 1380830.4, "trend": 0.688483, "fair_value": 2.685311, "relative_strength": -50.541893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.408615, "energy": 91.486188, "activity_lines": [ 0.490133, 0.540064, 0.618479, 0.651474 ] }, { "date": "2025-11-21", "close": 0.406, "volume": 510873, "typical_volume": 1342171.3, "trend": 0.673583, "fair_value": 2.658875, "relative_strength": -51.931229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.625067, "energy": 92.944951, "activity_lines": [ 0.454033, 0.508073, 0.592614, 0.633249 ] }, { "date": "2025-11-28", "close": 0.39, "volume": 1305217, "typical_volume": 1290392.5, "trend": 0.659517, "fair_value": 2.633234, "relative_strength": -54.567706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.628377, "energy": 92.099746, "activity_lines": [ 0.421667, 0.478155, 0.566769, 0.614954 ] }, { "date": "2025-12-05", "close": 0.3605, "volume": 1015169, "typical_volume": 1286543.15, "trend": 0.645533, "fair_value": 2.604904, "relative_strength": -57.679598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.571966, "energy": 92.782722, "activity_lines": [ 0.393133, 0.448309, 0.540162, 0.595662 ] }, { "date": "2025-12-12", "close": 0.357, "volume": 1687281, "typical_volume": 1204753.8, "trend": 0.6331, "fair_value": 2.577962, "relative_strength": -57.826114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.58102, "energy": 90.287837, "activity_lines": [ 0.375667, 0.423455, 0.51479, 0.577047 ] }, { "date": "2025-12-19", "close": 0.38, "volume": 5680047, "typical_volume": 1286073.35, "trend": 0.6257, "fair_value": 2.547064, "relative_strength": -55.920633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.379822, "energy": 66.284699, "activity_lines": [ 0.373033, 0.407545, 0.493719, 0.560718 ] }, { "date": "2025-12-26", "close": 0.3725, "volume": 776857, "typical_volume": 1089031.4, "trend": 0.61805, "fair_value": 2.518619, "relative_strength": -56.172158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.343295, "energy": 64.276281, "activity_lines": [ 0.370967, 0.394091, 0.474386, 0.544383 ] }, { "date": "2026-01-02", "close": 0.4025, "volume": 902170, "typical_volume": 1099724.95, "trend": 0.609733, "fair_value": 2.482994, "relative_strength": -52.359556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.519649, "energy": 59.833524, "activity_lines": [ 0.381133, 0.389173, 0.460421, 0.530476 ] }, { "date": "2026-01-09", "close": 0.3825, "volume": 1386015, "typical_volume": 1123002.15, "trend": 0.598817, "fair_value": 2.449163, "relative_strength": -54.181027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.126762, "energy": 53.758669, "activity_lines": [ 0.3838, 0.384118, 0.44634, 0.515816 ] }, { "date": "2026-01-16", "close": 0.355, "volume": 3596752, "typical_volume": 1259136.3, "trend": 0.587883, "fair_value": 2.418747, "relative_strength": -56.825773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.012426, "energy": 55.661553, "activity_lines": [ 0.375833, 0.377, 0.431286, 0.500086 ] }, { "date": "2026-01-23", "close": 0.282, "volume": 11742692, "typical_volume": 1815153.25, "trend": 0.57465, "fair_value": 2.390747, "relative_strength": -64.318586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.663847, "energy": 63.72963, "activity_lines": [ 0.343667, 0.3586, 0.410983, 0.480352 ] }, { "date": "2026-01-30", "close": 0.2815, "volume": 3390163, "typical_volume": 1956169.8, "trend": 0.5597, "fair_value": 2.362038, "relative_strength": -63.768978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.555568, "energy": 69.743138, "activity_lines": [ 0.317867, 0.342727, 0.392519, 0.461439 ] }, { "date": "2026-02-06", "close": 0.2695, "volume": 1348430, "typical_volume": 2002286.5, "trend": 0.54135, "fair_value": 2.329407, "relative_strength": -64.848065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.805198, "energy": 86.26352, "activity_lines": [ 0.294133, 0.326936, 0.37481, 0.442716 ] }, { "date": "2026-02-13", "close": 0.26, "volume": 2466461, "typical_volume": 2096841.45, "trend": 0.527017, "fair_value": 2.296202, "relative_strength": -65.25684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.665972, "energy": 88.135013, "activity_lines": [ 0.2761, 0.311609, 0.358193, 0.424565 ] }, { "date": "2026-02-20", "close": 0.261, "volume": 1100657, "typical_volume": 2091105.75, "trend": 0.50905, "fair_value": 2.262747, "relative_strength": -64.857295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.869558, "energy": 82.543975, "activity_lines": [ 0.266567, 0.298291, 0.343624, 0.407402 ] }, { "date": "2026-02-27", "close": 0.2465, "volume": 1780413, "typical_volume": 2170721.05, "trend": 0.487433, "fair_value": 2.228173, "relative_strength": -66.567112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.102296, "energy": 71.336202, "activity_lines": [ 0.258467, 0.284082, 0.329379, 0.390463 ] }, { "date": "2026-03-06", "close": 0.22, "volume": 787608, "typical_volume": 2158682.75, "trend": 0.464767, "fair_value": 2.192404, "relative_strength": -67.411549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.949383, "energy": 68.882774, "activity_lines": [ 0.2439, 0.267482, 0.314245, 0.37321 ] }, { "date": "2026-03-13", "close": 0.2, "volume": 791579, "typical_volume": 2125326.35, "trend": 0.4455, "fair_value": 2.160865, "relative_strength": -69.573057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.832427, "energy": 69.043746, "activity_lines": [ 0.226767, 0.250018, 0.29874, 0.356128 ] }, { "date": "2026-03-20", "close": 0.228, "volume": 659774, "typical_volume": 2135510.25, "trend": 0.428833, "fair_value": 2.130019, "relative_strength": -63.217289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.911619, "energy": 65.465816, "activity_lines": [ 0.2236, 0.241327, 0.287783, 0.342096 ] }, { "date": "2026-03-27", "close": 0.236, "volume": 873328, "typical_volume": 2129265.55, "trend": 0.412933, "fair_value": 2.100122, "relative_strength": -61.109497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.980324, "energy": 63.459699, "activity_lines": [ 0.225233, 0.2369, 0.279093, 0.329655 ] }, { "date": "2026-04-03", "close": 0.41, "volume": 4366984, "typical_volume": 2308423.5, "trend": 0.404, "fair_value": 2.07275, "relative_strength": -34.410517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.764054, "energy": 19.108206, "activity_lines": [ 0.286533, 0.266273, 0.288062, 0.329466 ] }, { "date": "2026-04-10", "close": 0.38, "volume": 5234714, "typical_volume": 2544615.55, "trend": 0.394, "fair_value": 2.045346, "relative_strength": -38.833374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.39574, "energy": 19.325883, "activity_lines": [ 0.326933, 0.287864, 0.29425, 0.327917 ] }, { "date": "2026-04-17", "close": 0.388, "volume": 4887102, "typical_volume": 2723709.8, "trend": 0.383967, "fair_value": 2.017288, "relative_strength": -36.585749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.422506, "energy": 29.981432, "activity_lines": [ 0.359333, 0.309118, 0.301324, 0.32753 ] }, { "date": "2026-04-24", "close": 0.378, "volume": 1890150, "typical_volume": 2767458.85, "trend": 0.374233, "fair_value": 1.986314, "relative_strength": -35.089472, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.778694, "energy": 41.547335, "activity_lines": [ 0.375867, 0.3264, 0.307455, 0.327145 ] }, { "date": "2026-05-01", "close": 0.36, "volume": 1185400, "typical_volume": 2742364.8, "trend": 0.3656, "fair_value": 1.952212, "relative_strength": -36.796009, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.679824, "energy": 36.180191, "activity_lines": [ 0.3764, 0.338264, 0.311788, 0.326227 ] }, { "date": "2026-05-08", "close": 0.3165, "volume": 809612, "typical_volume": 2498843.05, "trend": 0.356483, "fair_value": 1.920779, "relative_strength": -42.510935, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 0.229042, "energy": 18.0667, "activity_lines": [ 0.354167, 0.340418, 0.311964, 0.323059 ] }, { "date": "2026-05-15", "close": 0.384, "volume": 2165270, "typical_volume": 2568263.7, "trend": 0.351217, "fair_value": 1.89199, "relative_strength": -28.8118, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.565355, "energy": 20.44594, "activity_lines": [ 0.360667, 0.353573, 0.318871, 0.324834 ] }, { "date": "2026-05-22", "close": 0.35, "volume": 849992, "typical_volume": 2565654.8, "trend": 0.34305, "fair_value": 1.862696, "relative_strength": -35.965473, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.763897, "energy": 8.21639, "activity_lines": [ 0.355567, 0.357564, 0.322486, 0.324756 ] }, { "date": "2026-05-29", "close": 0.3735, "volume": 182654, "typical_volume": 2505486.75, "trend": 0.337367, "fair_value": 1.828103, "relative_strength": -30.453271, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.005671, "energy": 13.529934, "activity_lines": [ 0.360833, 0.3631, 0.328588, 0.32672 ] }, { "date": "2026-06-05", "close": 0.3995, "volume": 813121, "typical_volume": 2366305.2, "trend": 0.3352, "fair_value": 1.795407, "relative_strength": -24.322308, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 34.118881, "energy": 26.292793, "activity_lines": [ 0.375067, 0.370718, 0.33721, 0.330729 ] }, { "date": "2026-06-12", "close": 0.4805, "volume": 184947, "typical_volume": 1788417.95, "trend": 0.337017, "fair_value": 1.761308, "relative_strength": -8.694833, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.664232, "energy": 62.184741, "activity_lines": [ 0.413667, 0.390091, 0.353333, 0.340103 ] }, { "date": "2026-06-19", "close": 0.473, "volume": 19348, "typical_volume": 1619877.2, "trend": 0.33925, "fair_value": 1.72466, "relative_strength": -8.046979, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.544022, "energy": 70.885798, "activity_lines": [ 0.438833, 0.406818, 0.367798, 0.348876 ] }, { "date": "2026-06-26", "close": 0.545, "volume": 594408, "typical_volume": 1582176.1, "trend": 0.344417, "fair_value": 1.690397, "relative_strength": 5.525632, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.36833, "energy": 81.083265, "activity_lines": [ 0.482067, 0.434945, 0.388207, 0.362151 ] }, { "date": "2026-07-03", "close": 0.563, "volume": 192251, "typical_volume": 1468465.6, "trend": 0.351167, "fair_value": 1.65516, "relative_strength": 8.540184, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.15175, "energy": 90.677758, "activity_lines": [ 0.5183, 0.463491, 0.409019, 0.376253 ] }, { "date": "2026-07-10", "close": 0.708, "volume": 2694699, "typical_volume": 1548167.7, "trend": 0.362867, "fair_value": 1.619122, "relative_strength": 40.204169, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.652097, "energy": 96.77515, "activity_lines": [ 0.590233, 0.515036, 0.442198, 0.399274 ] }, { "date": "2026-07-17", "close": 0.67, "volume": 342922, "typical_volume": 1476293.15, "trend": 0.372533, "fair_value": 1.577583, "relative_strength": 32.103094, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.10957, "energy": 92.946101, "activity_lines": [ 0.628933, 0.553345, 0.469629, 0.419089 ] }, { "date": "2026-07-24", "close": 0.665, "volume": 1854778, "typical_volume": 1529651.65, "trend": 0.382283, "fair_value": 1.535564, "relative_strength": 30.814074, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.035268, "energy": 89.471193, "activity_lines": [ 0.653333, 0.584318, 0.494567, 0.437958 ] }, { "date": "2026-07-31", "close": 0.65, "volume": 766419, "typical_volume": 1528393.65, "trend": 0.390533, "fair_value": 1.497295, "relative_strength": 28.338373, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.861099, "energy": 83.513738, "activity_lines": [ 0.659933, 0.607455, 0.515957, 0.45523 ] }, { "date": "2026-08-07", "close": 0.6015, "volume": 371536, "typical_volume": 1513981.75, "trend": 0.397833, "fair_value": 1.458587, "relative_strength": 20.580784, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.841276, "energy": 62.533863, "activity_lines": [ 0.643367, 0.616318, 0.530586, 0.468841 ] } ], "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." } } }