{ "ticker": { "uuid": "22eec145-0cba-4045-8cae-64f948816d76", "symbol": "ADAG", "name": "Adagene Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 33.978, "architecture_energy": 17.064, "architecture_maturity": 35.029, "architecture_confidence": 96, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 52.99, "rotation_up": 29.9, "upward_expansion": 49.8, "deceleration": 87.09, "rotation_down": 32.21, "downward_expansion": 24.8 }, "activity_lines": [ 3.751333, 3.829273, 3.80519, 3.735699 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 4.11, "trend_reference": 3.527, "distance_from_trend": 0.165296, "trend_direction": "Improving", "fair_value": 2.401602, "distance_from_fair_value": 0.711358, "fair_value_direction": "Improving", "relative_strength": 28.373653, "relative_strength_direction": "Weakening", "price_momentum": 0.562738, "excess_performance": 0.375284, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.165296, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.237761, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.711358, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.035219, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.283737, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.019707, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.562738, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.955137, "read": "Demand-led" } ], "volume": { "latest": 1213779, "relative_activity": 1.007422, "balance": 1.955137, "dry_up": 0.86926, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.195596, "annualized_volatility": 0.841668, "from_high_reference": -0.152577, "from_low_reference": 2.161538 }, "levels": { "trend_reference": 3.527, "fair_value_reference": 2.401602, "structural_low": 2.5113, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.048255, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": -0.027231, "regime_survival": 0.681818, "best_return": 0.494565, "worst_return": -0.221667, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.02069, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.071551, "regime_survival": 0.555556, "best_return": 1.248227, "worst_return": -0.231884, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.12, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.010401, "regime_survival": 0.2, "best_return": 1.171233, "worst_return": -0.298913, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.45766, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.09088, "regime_survival": 0.0, "best_return": 1.051429, "worst_return": -0.307971, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-12", "end": "2024-08-09", "tenure": "Developing", "return": -0.192029, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.18, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-12-06", "tenure": "Established", "return": -0.264286, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-13", "end": "2025-06-06", "tenure": "Established", "return": -0.033981, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": -0.020513, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.365714, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-10", "tenure": "Developing", "return": -0.084507, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": -0.201705, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-11-28", "tenure": "New", "return": 0.098361, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-30", "tenure": "Developing", "return": 0.38191, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-05-08", "tenure": "Established", "return": 0.403042, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-15", "end": "2026-06-26", "tenure": "Developing", "return": 0.197143, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.284116, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.096, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.15, "volume": 96397, "typical_volume": 99679.65, "trend": 1.484787, "fair_value": 6.877328, "relative_strength": -30.242929, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.703176, "energy": 52.377093, "activity_lines": [ 1.285113, 1.351049, 1.366856, 1.400909 ] }, { "date": "2023-08-25", "close": 1.2048, "volume": 19922, "typical_volume": 99262.55, "trend": 1.459947, "fair_value": 6.834677, "relative_strength": -27.705898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.820214, "energy": 55.585256, "activity_lines": [ 1.2479, 1.320064, 1.349874, 1.382846 ] }, { "date": "2023-09-01", "close": 1.38, "volume": 60173, "typical_volume": 98294.9, "trend": 1.44328, "fair_value": 6.793971, "relative_strength": -19.65203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.612551, "energy": 40.965718, "activity_lines": [ 1.2801, 1.3223, 1.350888, 1.377688 ] }, { "date": "2023-09-08", "close": 1.45, "volume": 48198, "typical_volume": 98704.05, "trend": 1.429117, "fair_value": 6.754386, "relative_strength": -13.971977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.167966, "energy": 19.907718, "activity_lines": [ 1.33496, 1.336718, 1.359093, 1.378121 ] }, { "date": "2023-09-15", "close": 1.41, "volume": 33753, "typical_volume": 98869.35, "trend": 1.414117, "fair_value": 6.715089, "relative_strength": -15.561409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.426941, "energy": 11.391444, "activity_lines": [ 1.369973, 1.344409, 1.363298, 1.376888 ] }, { "date": "2023-09-22", "close": 1.29, "volume": 28418, "typical_volume": 97028.55, "trend": 1.399117, "fair_value": 6.67549, "relative_strength": -19.617632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.402458, "energy": 16.829235, "activity_lines": [ 1.36032, 1.333736, 1.355598, 1.36888 ] }, { "date": "2023-09-29", "close": 1.53, "volume": 45564, "typical_volume": 97201.45, "trend": 1.393857, "fair_value": 6.638204, "relative_strength": -4.532772, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.950586, "energy": 14.275029, "activity_lines": [ 1.421333, 1.369791, 1.370993, 1.377325 ] }, { "date": "2023-10-06", "close": 1.665, "volume": 328074, "typical_volume": 111722.5, "trend": 1.404357, "fair_value": 6.602425, "relative_strength": 2.289075, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.815994, "energy": 44.156856, "activity_lines": [ 1.505667, 1.427482, 1.398626, 1.394818 ] }, { "date": "2023-10-13", "close": 1.41, "volume": 247475, "typical_volume": 121918.05, "trend": 1.3984, "fair_value": 6.565336, "relative_strength": -13.065484, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.638208, "energy": 28.854342, "activity_lines": [ 1.486, 1.433444, 1.40114, 1.395182 ] }, { "date": "2023-10-20", "close": 1.4, "volume": 26737, "typical_volume": 120327.65, "trend": 1.395067, "fair_value": 6.528703, "relative_strength": -10.913058, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.942326, "energy": 33.711362, "activity_lines": [ 1.465667, 1.436538, 1.402702, 1.395285 ] }, { "date": "2023-10-27", "close": 1.36, "volume": 16701, "typical_volume": 117677.75, "trend": 1.392067, "fair_value": 6.492304, "relative_strength": -11.323123, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.116427, "energy": 18.288925, "activity_lines": [ 1.432667, 1.431269, 1.400121, 1.393023 ] }, { "date": "2023-11-03", "close": 1.35, "volume": 24727, "typical_volume": 113523.45, "trend": 1.387733, "fair_value": 6.456343, "relative_strength": -17.337498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 21.907024, "energy": 12.871678, "activity_lines": [ 1.391667, 1.420364, 1.396064, 1.390309 ] }, { "date": "2023-11-10", "close": 1.44, "volume": 24980, "typical_volume": 106227.6, "trend": 1.386067, "fair_value": 6.421508, "relative_strength": -14.432241, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.93094, "energy": 14.244148, "activity_lines": [ 1.392667, 1.423182, 1.400245, 1.393681 ] }, { "date": "2023-11-17", "close": 1.37, "volume": 27012, "typical_volume": 80156.25, "trend": 1.384733, "fair_value": 6.38667, "relative_strength": -20.161014, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 21.303346, "energy": 12.083758, "activity_lines": [ 1.385333, 1.412182, 1.397331, 1.392644 ] }, { "date": "2023-11-24", "close": 1.44, "volume": 29608, "typical_volume": 69863.75, "trend": 1.389067, "fair_value": 6.352788, "relative_strength": -16.896804, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.370065, "energy": 11.900936, "activity_lines": [ 1.404, 1.415364, 1.401607, 1.39621 ] }, { "date": "2023-12-01", "close": 1.52, "volume": 120547, "typical_volume": 71825.9, "trend": 1.395067, "fair_value": 6.319912, "relative_strength": -12.367107, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.887531, "energy": 22.982456, "activity_lines": [ 1.446667, 1.432545, 1.414264, 1.404657 ] }, { "date": "2023-12-08", "close": 1.88, "volume": 255496, "typical_volume": 79843.85, "trend": 1.411067, "fair_value": 6.289913, "relative_strength": 7.783535, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.995307, "energy": 57.598434, "activity_lines": [ 1.598667, 1.511, 1.460921, 1.435943 ] }, { "date": "2023-12-15", "close": 1.53, "volume": 187327, "typical_volume": 85881.4, "trend": 1.4124, "fair_value": 6.257967, "relative_strength": -14.546859, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.215917, "energy": 48.067686, "activity_lines": [ 1.598667, 1.519455, 1.471817, 1.443616 ] }, { "date": "2023-12-22", "close": 1.68, "volume": 126911, "typical_volume": 90088.65, "trend": 1.4214, "fair_value": 6.227447, "relative_strength": -6.797424, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.125919, "energy": 52.247456, "activity_lines": [ 1.642667, 1.557636, 1.496235, 1.460881 ] }, { "date": "2023-12-29", "close": 1.9314, "volume": 94750, "typical_volume": 92138.5, "trend": 1.441447, "fair_value": 6.198997, "relative_strength": 6.932303, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.528583, "energy": 64.846875, "activity_lines": [ 1.7498, 1.636618, 1.543036, 1.493784 ] }, { "date": "2024-01-05", "close": 2.12, "volume": 383195, "typical_volume": 106478.4, "trend": 1.470447, "fair_value": 6.172161, "relative_strength": 21.496396, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.213762, "energy": 66.447561, "activity_lines": [ 1.88704, 1.740229, 1.604983, 1.537562 ] }, { "date": "2024-01-12", "close": 3.17, "volume": 825904, "typical_volume": 146777.5, "trend": 1.533447, "fair_value": 6.152539, "relative_strength": 74.94805, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.375195, "energy": 93.027986, "activity_lines": [ 2.33428, 2.020931, 1.76231, 1.64721 ] }, { "date": "2024-01-19", "close": 2.64, "volume": 2868523, "typical_volume": 287195.0, "trend": 1.576447, "fair_value": 6.129731, "relative_strength": 41.508077, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.342302, "energy": 80.174063, "activity_lines": [ 2.518853, 2.172178, 1.859804, 1.718601 ] }, { "date": "2024-01-26", "close": 3.95, "volume": 1375272, "typical_volume": 353548.7, "trend": 1.65878, "fair_value": 6.115668, "relative_strength": 107.980787, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.060142, "energy": 90.800861, "activity_lines": [ 3.066093, 2.539789, 2.076059, 1.871733 ] }, { "date": "2024-02-02", "close": 3.48, "volume": 379074, "typical_volume": 370814.75, "trend": 1.721447, "fair_value": 6.098772, "relative_strength": 79.526498, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.768046, "energy": 83.237536, "activity_lines": [ 3.305333, 2.775036, 2.235648, 1.989231 ] }, { "date": "2024-02-09", "close": 3.68, "volume": 193009, "typical_volume": 379044.3, "trend": 1.795447, "fair_value": 5.945054, "relative_strength": 84.684535, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.020618, "energy": 63.572062, "activity_lines": [ 3.508, 3.009556, 2.404427, 2.115589 ] }, { "date": "2024-02-16", "close": 3.04, "volume": 204647, "typical_volume": 386998.45, "trend": 1.851113, "fair_value": 5.795824, "relative_strength": 54.313719, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.845178, "energy": 56.040777, "activity_lines": [ 3.393333, 3.08844, 2.500872, 2.195883 ] }, { "date": "2024-02-23", "close": 3.27, "volume": 132940, "typical_volume": 377241.75, "trend": 1.91445, "fair_value": 5.659734, "relative_strength": 62.614832, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.573959, "energy": 47.687683, "activity_lines": [ 3.364, 3.188051, 2.612032, 2.287424 ] }, { "date": "2024-03-01", "close": 3.28, "volume": 110923, "typical_volume": 370414.15, "trend": 1.978707, "fair_value": 5.532619, "relative_strength": 58.759361, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.865667, "energy": 41.07294, "activity_lines": [ 3.296, 3.257844, 2.716502, 2.375524 ] }, { "date": "2024-03-08", "close": 2.82, "volume": 211108, "typical_volume": 379632.7, "trend": 2.02804, "fair_value": 5.40826, "relative_strength": 37.566029, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.608544, "energy": 27.175102, "activity_lines": [ 3.119333, 3.214909, 2.768257, 2.429801 ] }, { "date": "2024-03-15", "close": 2.845, "volume": 51147, "typical_volume": 381355.0, "trend": 2.08454, "fair_value": 5.292202, "relative_strength": 39.658733, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.794174, "energy": 23.050376, "activity_lines": [ 2.995, 3.160364, 2.815631, 2.482508 ] }, { "date": "2024-03-22", "close": 2.52, "volume": 90151, "typical_volume": 384626.2, "trend": 2.12838, "fair_value": 5.194702, "relative_strength": 19.70821, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.235775, "energy": 18.998593, "activity_lines": [ 2.818, 3.033545, 2.824982, 2.510603 ] }, { "date": "2024-03-29", "close": 2.8, "volume": 25328, "typical_volume": 384643.6, "trend": 2.175713, "fair_value": 5.099317, "relative_strength": 32.767348, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.366893, "energy": 18.931787, "activity_lines": [ 2.769, 2.969455, 2.855428, 2.553933 ] }, { "date": "2024-04-05", "close": 2.85, "volume": 144987, "typical_volume": 390542.35, "trend": 2.22238, "fair_value": 5.024766, "relative_strength": 35.246309, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.514409, "energy": 16.191228, "activity_lines": [ 2.768, 2.911545, 2.884159, 2.597435 ] }, { "date": "2024-04-12", "close": 2.644, "volume": 43585, "typical_volume": 391241.2, "trend": 2.263513, "fair_value": 4.955881, "relative_strength": 25.432632, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.890155, "energy": 12.29514, "activity_lines": [ 2.727, 2.836182, 2.886224, 2.624637 ] }, { "date": "2024-04-19", "close": 2.64, "volume": 32795, "typical_volume": 386853.6, "trend": 2.308513, "fair_value": 4.87742, "relative_strength": 31.387581, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.536198, "energy": 10.254831, "activity_lines": [ 2.6964, 2.775291, 2.882174, 2.648926 ] }, { "date": "2024-04-26", "close": 2.39, "volume": 74273, "typical_volume": 377792.45, "trend": 2.33718, "fair_value": 4.799151, "relative_strength": 13.775543, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.512555, "energy": 9.211612, "activity_lines": [ 2.596133, 2.687855, 2.848982, 2.654183 ] }, { "date": "2024-05-03", "close": 2.41, "volume": 118292, "typical_volume": 374340.7, "trend": 2.362013, "fair_value": 4.73351, "relative_strength": 12.942895, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.889045, "energy": 23.794452, "activity_lines": [ 2.5112, 2.615873, 2.815266, 2.658881 ] }, { "date": "2024-05-10", "close": 2.23, "volume": 312642, "typical_volume": 383627.25, "trend": 2.389347, "fair_value": 4.666394, "relative_strength": 2.666246, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.58077, "energy": 35.342989, "activity_lines": [ 2.392267, 2.5268, 2.760216, 2.650364 ] }, { "date": "2024-05-17", "close": 2.55, "volume": 745025, "typical_volume": 416141.0, "trend": 2.42768, "fair_value": 4.598125, "relative_strength": 14.346546, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.01016, "energy": 34.047129, "activity_lines": [ 2.421333, 2.515, 2.733024, 2.660729 ] }, { "date": "2024-05-24", "close": 2.58, "volume": 264865, "typical_volume": 410224.5, "trend": 2.468347, "fair_value": 4.523766, "relative_strength": 13.438726, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.723145, "energy": 19.387256, "activity_lines": [ 2.466667, 2.513564, 2.705743, 2.670556 ] }, { "date": "2024-05-31", "close": 2.8, "volume": 33029, "typical_volume": 370580.75, "trend": 2.51668, "fair_value": 4.453381, "relative_strength": 23.919915, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.575649, "energy": 12.414421, "activity_lines": [ 2.589333, 2.556945, 2.697224, 2.691953 ] }, { "date": "2024-06-07", "close": 2.9799, "volume": 112895, "typical_volume": 232799.35, "trend": 2.56801, "fair_value": 4.385753, "relative_strength": 26.985838, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.575272, "energy": 21.420177, "activity_lines": [ 2.744633, 2.627945, 2.7076, 2.721838 ] }, { "date": "2024-06-14", "close": 2.68, "volume": 33880, "typical_volume": 165729.75, "trend": 2.611677, "fair_value": 4.313188, "relative_strength": 9.469448, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.869711, "energy": 18.306811, "activity_lines": [ 2.761973, 2.641147, 2.687796, 2.729063 ] }, { "date": "2024-06-21", "close": 3.08, "volume": 136726, "typical_volume": 153612.35, "trend": 2.666343, "fair_value": 4.241586, "relative_strength": 24.29916, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.040568, "energy": 31.530746, "activity_lines": [ 2.882647, 2.730167, 2.712134, 2.759278 ] }, { "date": "2024-06-28", "close": 3.061, "volume": 86827, "typical_volume": 148303.25, "trend": 2.71771, "fair_value": 4.173515, "relative_strength": 22.535979, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.687053, "energy": 39.830662, "activity_lines": [ 2.961653, 2.807805, 2.736568, 2.78474 ] }, { "date": "2024-07-05", "close": 2.83, "volume": 33459, "typical_volume": 139743.85, "trend": 2.749377, "fair_value": 4.100759, "relative_strength": 8.871683, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": 23.150298, "energy": 27.993316, "activity_lines": [ 2.931593, 2.835789, 2.74195, 2.791984 ] }, { "date": "2024-07-12", "close": 2.76, "volume": 54388, "typical_volume": 135816.25, "trend": 2.790377, "fair_value": 3.999092, "relative_strength": 5.806158, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.741815, "energy": 20.661059, "activity_lines": [ 2.8762, 2.843045, 2.741664, 2.792669 ] }, { "date": "2024-07-19", "close": 2.5101, "volume": 62777, "typical_volume": 133408.95, "trend": 2.818047, "fair_value": 3.886529, "relative_strength": -0.394138, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.268743, "energy": 15.03742, "activity_lines": [ 2.752167, 2.798502, 2.720008, 2.774587 ] }, { "date": "2024-07-26", "close": 2.52, "volume": 56319, "typical_volume": 125669.5, "trend": 2.837667, "fair_value": 3.803516, "relative_strength": 1.966252, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.311256, "energy": 24.019564, "activity_lines": [ 2.64276, 2.750665, 2.70296, 2.755358 ] }, { "date": "2024-08-02", "close": 2.73, "volume": 71025, "typical_volume": 126663.4, "trend": 2.858, "fair_value": 3.709413, "relative_strength": 12.977371, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.688497, "energy": 21.94002, "activity_lines": [ 2.640687, 2.741556, 2.707341, 2.748412 ] }, { "date": "2024-08-09", "close": 2.23, "volume": 44550, "typical_volume": 124383.35, "trend": 2.826667, "fair_value": 3.605119, "relative_strength": -8.468743, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.562285, "energy": 46.202633, "activity_lines": [ 2.494013, 2.638811, 2.66465, 2.707896 ] }, { "date": "2024-08-16", "close": 2.5, "volume": 19304, "typical_volume": 124082.15, "trend": 2.822, "fair_value": 3.515375, "relative_strength": -3.401774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.677491, "energy": 45.049114, "activity_lines": [ 2.47734, 2.59552, 2.649055, 2.686821 ] }, { "date": "2024-08-23", "close": 2.95, "volume": 2222602, "typical_volume": 227962.9, "trend": 2.788667, "fair_value": 3.425503, "relative_strength": 11.6965, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.323893, "energy": 15.187851, "activity_lines": [ 2.628, 2.642773, 2.677746, 2.695079 ] }, { "date": "2024-08-30", "close": 2.8, "volume": 84093, "typical_volume": 229988.3, "trend": 2.766, "fair_value": 3.335952, "relative_strength": 6.032366, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.815965, "energy": 10.47882, "activity_lines": [ 2.699333, 2.657844, 2.691674, 2.69581 ] }, { "date": "2024-09-06", "close": 2.61, "volume": 248403, "typical_volume": 240768.7, "trend": 2.730333, "fair_value": 3.24749, "relative_strength": 4.226392, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.062733, "energy": 11.102867, "activity_lines": [ 2.688667, 2.64346, 2.686765, 2.685745 ] }, { "date": "2024-09-13", "close": 3.49, "volume": 298385, "typical_volume": 251974.3, "trend": 2.745333, "fair_value": 3.172298, "relative_strength": 29.980613, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.692661, "energy": 32.865412, "activity_lines": [ 2.979333, 2.797276, 2.765808, 2.734756 ] }, { "date": "2024-09-20", "close": 2.4, "volume": 1239462, "typical_volume": 308032.8, "trend": 2.716333, "fair_value": 3.096625, "relative_strength": -12.333693, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.807286, "energy": 9.287238, "activity_lines": [ 2.822667, 2.740911, 2.735803, 2.712477 ] }, { "date": "2024-09-27", "close": 2.2381, "volume": 264398, "typical_volume": 305620.6, "trend": 2.681603, "fair_value": 3.019626, "relative_strength": -19.166386, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.857035, "energy": 9.51732, "activity_lines": [ 2.6187, 2.661655, 2.690427, 2.681623 ] }, { "date": "2024-10-04", "close": 2.21, "volume": 89984, "typical_volume": 272868.55, "trend": 2.66127, "fair_value": 2.948536, "relative_strength": -20.258017, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.084318, "energy": 37.027622, "activity_lines": [ 2.452827, 2.582235, 2.642336, 2.651197 ] }, { "date": "2024-10-11", "close": 2.12, "volume": 53215, "typical_volume": 262286.05, "trend": 2.637103, "fair_value": 2.887126, "relative_strength": -24.546677, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.082878, "energy": 43.56188, "activity_lines": [ 2.296287, 2.492087, 2.587292, 2.616276 ] }, { "date": "2024-10-18", "close": 2.61, "volume": 128885, "typical_volume": 267078.85, "trend": 2.640103, "fair_value": 2.827959, "relative_strength": -7.721616, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.044203, "energy": 44.999533, "activity_lines": [ 2.335747, 2.502122, 2.581106, 2.614528 ] }, { "date": "2024-10-25", "close": 3.01, "volume": 459289, "typical_volume": 284398.55, "trend": 2.647103, "fair_value": 2.775203, "relative_strength": 5.489217, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.215615, "energy": 14.498849, "activity_lines": [ 2.567207, 2.577975, 2.61392, 2.638392 ] }, { "date": "2024-11-01", "close": 3.0, "volume": 186455, "typical_volume": 292027.3, "trend": 2.652103, "fair_value": 2.719369, "relative_strength": 5.971004, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.026545, "energy": 10.630811, "activity_lines": [ 2.754667, 2.642736, 2.645638, 2.661159 ] }, { "date": "2024-11-08", "close": 2.64, "volume": 356895, "typical_volume": 303035.75, "trend": 2.65197, "fair_value": 2.665779, "relative_strength": -11.969999, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.539729, "energy": 12.35836, "activity_lines": [ 2.771333, 2.641135, 2.641547, 2.660378 ] }, { "date": "2024-11-15", "close": 2.16, "volume": 475106, "typical_volume": 322449.7, "trend": 2.63597, "fair_value": 2.617062, "relative_strength": -25.617497, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.496077, "energy": 19.703821, "activity_lines": [ 2.599333, 2.555169, 2.593836, 2.628638 ] }, { "date": "2024-11-22", "close": 2.1935, "volume": 168766, "typical_volume": 329215.05, "trend": 2.62942, "fair_value": 2.575417, "relative_strength": -25.99038, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.381551, "energy": 31.442001, "activity_lines": [ 2.435833, 2.483476, 2.553607, 2.600092 ] }, { "date": "2024-11-29", "close": 2.335, "volume": 70308, "typical_volume": 330011.05, "trend": 2.62692, "fair_value": 2.540578, "relative_strength": -21.994558, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.052818, "energy": 37.690367, "activity_lines": [ 2.347267, 2.461084, 2.529884, 2.581097 ] }, { "date": "2024-12-06", "close": 2.06, "volume": 606297, "typical_volume": 357187.05, "trend": 2.621253, "fair_value": 2.493526, "relative_strength": -33.169645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.103782, "energy": 49.893605, "activity_lines": [ 2.212033, 2.389873, 2.481995, 2.544522 ] }, { "date": "2024-12-13", "close": 2.06, "volume": 985656, "typical_volume": 403653.9, "trend": 2.60492, "fair_value": 2.45859, "relative_strength": -33.697776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.989663, "energy": 52.548586, "activity_lines": [ 2.139467, 2.3219, 2.43625, 2.508312 ] }, { "date": "2024-12-20", "close": 2.05, "volume": 97568, "typical_volume": 404981.05, "trend": 2.587253, "fair_value": 2.423654, "relative_strength": -32.469412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.203804, "energy": 54.514297, "activity_lines": [ 2.102233, 2.254836, 2.391742, 2.472511 ] }, { "date": "2024-12-27", "close": 1.96, "volume": 214509, "typical_volume": 413479.0, "trend": 2.559253, "fair_value": 2.384498, "relative_strength": -35.80898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.142718, "energy": 56.375863, "activity_lines": [ 2.042333, 2.172682, 2.341901, 2.432043 ] }, { "date": "2025-01-03", "close": 2.02, "volume": 59526, "typical_volume": 415490.1, "trend": 2.527257, "fair_value": 2.341133, "relative_strength": -33.009945, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.263143, "energy": 48.415789, "activity_lines": [ 2.018, 2.113255, 2.29906, 2.397252 ] }, { "date": "2025-01-10", "close": 1.935, "volume": 71641, "typical_volume": 307942.05, "trend": 2.502423, "fair_value": 2.301069, "relative_strength": -33.514623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.613838, "energy": 46.246734, "activity_lines": [ 1.986333, 2.056373, 2.25041, 2.359042 ] }, { "date": "2025-01-17", "close": 1.84, "volume": 58115, "typical_volume": 306643.15, "trend": 2.46109, "fair_value": 2.264979, "relative_strength": -37.964171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.782437, "energy": 46.288002, "activity_lines": [ 1.931333, 2.001582, 2.197545, 2.316305 ] }, { "date": "2025-01-24", "close": 1.93, "volume": 2580779, "typical_volume": 423261.95, "trend": 2.42339, "fair_value": 2.232735, "relative_strength": -34.631802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.816187, "energy": 39.076106, "activity_lines": [ 1.921, 1.9777, 2.157823, 2.282041 ] }, { "date": "2025-01-31", "close": 1.9, "volume": 281857, "typical_volume": 422435.55, "trend": 2.39239, "fair_value": 2.200043, "relative_strength": -33.709429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.869162, "energy": 37.724108, "activity_lines": [ 1.908667, 1.952545, 2.118482, 2.248274 ] }, { "date": "2025-02-07", "close": 1.72, "volume": 78144, "typical_volume": 364369.65, "trend": 2.357723, "fair_value": 2.164594, "relative_strength": -38.953575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.783239, "energy": 47.566097, "activity_lines": [ 1.840333, 1.9, 2.06957, 2.204894 ] }, { "date": "2025-02-14", "close": 1.76, "volume": 118027, "typical_volume": 357051.1, "trend": 2.33272, "fair_value": 2.132287, "relative_strength": -38.460088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.748982, "energy": 49.374286, "activity_lines": [ 1.805333, 1.865909, 2.027705, 2.166331 ] }, { "date": "2025-02-21", "close": 2.06, "volume": 121881, "typical_volume": 358645.95, "trend": 2.317387, "fair_value": 2.103697, "relative_strength": -25.341031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.069155, "energy": 34.072454, "activity_lines": [ 1.882, 1.891818, 2.016688, 2.148736 ] }, { "date": "2025-02-28", "close": 2.01, "volume": 172828, "typical_volume": 364626.6, "trend": 2.293387, "fair_value": 2.086389, "relative_strength": -23.619819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.700288, "energy": 25.468744, "activity_lines": [ 1.927333, 1.908636, 2.001624, 2.128905 ] }, { "date": "2025-03-07", "close": 2.03, "volume": 76202, "typical_volume": 361992.45, "trend": 2.28672, "fair_value": 2.069915, "relative_strength": -19.593689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.510145, "energy": 18.139729, "activity_lines": [ 1.974, 1.929818, 1.988988, 2.111912 ] }, { "date": "2025-03-14", "close": 1.7714, "volume": 142812, "typical_volume": 346168.6, "trend": 2.262433, "fair_value": 2.050501, "relative_strength": -27.271515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.393949, "energy": 22.697902, "activity_lines": [ 1.9258, 1.902709, 1.954486, 2.078666 ] }, { "date": "2025-03-21", "close": 1.685, "volume": 156907, "typical_volume": 344691.2, "trend": 2.220267, "fair_value": 2.03361, "relative_strength": -30.417522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.976599, "energy": 35.879461, "activity_lines": [ 1.845373, 1.864411, 1.917653, 2.041412 ] }, { "date": "2025-03-28", "close": 1.555, "volume": 426402, "typical_volume": 348166.55, "trend": 2.178767, "fair_value": 2.02018, "relative_strength": -33.484189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.283574, "energy": 58.448555, "activity_lines": [ 1.726613, 1.807022, 1.874701, 1.998492 ] }, { "date": "2025-04-04", "close": 1.5806, "volume": 169819, "typical_volume": 332902.2, "trend": 2.144453, "fair_value": 2.007428, "relative_strength": -24.177502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.066842, "energy": 62.230172, "activity_lines": [ 1.650053, 1.759469, 1.839354, 1.9599 ] }, { "date": "2025-04-11", "close": 1.53, "volume": 91542, "typical_volume": 329041.0, "trend": 2.07912, "fair_value": 1.993453, "relative_strength": -31.002852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.096105, "energy": 64.080308, "activity_lines": [ 1.585253, 1.709069, 1.801947, 1.920258 ] }, { "date": "2025-04-18", "close": 1.53, "volume": 48967, "typical_volume": 327973.95, "trend": 2.05012, "fair_value": 1.979863, "relative_strength": -28.569305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.904665, "energy": 57.622306, "activity_lines": [ 1.553787, 1.665396, 1.767699, 1.884831 ] }, { "date": "2025-04-25", "close": 1.42, "volume": 59786, "typical_volume": 300648.4, "trend": 2.02285, "fair_value": 1.965569, "relative_strength": -37.051424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.385622, "energy": 51.751866, "activity_lines": [ 1.501747, 1.605178, 1.726809, 1.844178 ] }, { "date": "2025-05-02", "close": 1.53, "volume": 61131, "typical_volume": 254422.15, "trend": 2.000183, "fair_value": 1.954671, "relative_strength": -33.782256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.212116, "energy": 42.944464, "activity_lines": [ 1.50404, 1.571142, 1.699442, 1.812381 ] }, { "date": "2025-05-09", "close": 1.6, "volume": 88904, "typical_volume": 253988.95, "trend": 1.98285, "fair_value": 1.944479, "relative_strength": -30.119932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.434974, "energy": 36.965844, "activity_lines": [ 1.531333, 1.559469, 1.681266, 1.786563 ] }, { "date": "2025-05-16", "close": 1.77, "volume": 90604, "typical_volume": 247793.7, "trend": 1.95485, "fair_value": 1.937748, "relative_strength": -26.983124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.122303, "energy": 24.349467, "activity_lines": [ 1.614, 1.58616, 1.681423, 1.772831 ] }, { "date": "2025-05-23", "close": 1.82, "volume": 156205, "typical_volume": 252627.65, "trend": 1.915183, "fair_value": 1.931466, "relative_strength": -22.439519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.54116, "energy": 15.403498, "activity_lines": [ 1.697333, 1.626669, 1.687247, 1.764131 ] }, { "date": "2025-05-30", "close": 1.94, "volume": 89235, "typical_volume": 253507.35, "trend": 1.87985, "fair_value": 1.925953, "relative_strength": -18.037958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.526083, "energy": 15.660955, "activity_lines": [ 1.801333, 1.688113, 1.705451, 1.765732 ] }, { "date": "2025-06-06", "close": 1.99, "volume": 473246, "typical_volume": 274263.9, "trend": 1.858183, "fair_value": 1.922299, "relative_strength": -16.684648, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 21.276171, "energy": 24.18543, "activity_lines": [ 1.887333, 1.754011, 1.728394, 1.772838 ] }, { "date": "2025-06-13", "close": 1.95, "volume": 824735, "typical_volume": 186461.7, "trend": 1.851183, "fair_value": 1.921979, "relative_strength": -17.220408, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.975909, "energy": 25.007731, "activity_lines": [ 1.929333, 1.804727, 1.746813, 1.778762 ] }, { "date": "2025-06-20", "close": 1.9, "volume": 21190, "typical_volume": 173428.35, "trend": 1.8414, "fair_value": 1.921338, "relative_strength": -18.322794, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.621234, "energy": 29.199107, "activity_lines": [ 1.931333, 1.839636, 1.760375, 1.781911 ] }, { "date": "2025-06-27", "close": 1.92, "volume": 40043, "typical_volume": 171523.3, "trend": 1.827567, "fair_value": 1.920889, "relative_strength": -19.732508, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.528478, "energy": 29.756501, "activity_lines": [ 1.931333, 1.871455, 1.775842, 1.786982 ] }, { "date": "2025-07-04", "close": 1.85, "volume": 759413, "typical_volume": 203592.6, "trend": 1.820567, "fair_value": 1.919351, "relative_strength": -22.971514, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.693146, "energy": 14.869582, "activity_lines": [ 1.901333, 1.883455, 1.78369, 1.78843 ] }, { "date": "2025-07-11", "close": 1.91, "volume": 152031, "typical_volume": 205100.1, "trend": 1.815567, "fair_value": 1.91919, "relative_strength": -19.407224, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.575997, "energy": 12.116114, "activity_lines": [ 1.897333, 1.898545, 1.796823, 1.7942 ] }, { "date": "2025-07-18", "close": 1.75, "volume": 1283339, "typical_volume": 260625.65, "trend": 1.805567, "fair_value": 1.918678, "relative_strength": -26.360986, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.185697, "energy": 3.98897, "activity_lines": [ 1.845333, 1.877636, 1.795432, 1.789969 ] }, { "date": "2025-07-25", "close": 1.99, "volume": 232125, "typical_volume": 268421.8, "trend": 1.806567, "fair_value": 1.920601, "relative_strength": -16.272138, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.864546, "energy": 9.987617, "activity_lines": [ 1.886667, 1.897636, 1.818137, 1.801868 ] }, { "date": "2025-08-01", "close": 1.92, "volume": 179744, "typical_volume": 270268.4, "trend": 1.803233, "fair_value": 1.923485, "relative_strength": -16.379806, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.818228, "energy": 18.848394, "activity_lines": [ 1.898667, 1.900909, 1.834366, 1.809187 ] }, { "date": "2025-08-08", "close": 2.17, "volume": 357325, "typical_volume": 280289.3, "trend": 1.811067, "fair_value": 1.928357, "relative_strength": -8.380999, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.190595, "energy": 39.164058, "activity_lines": [ 1.994, 1.947818, 1.873696, 1.832849 ] }, { "date": "2025-08-15", "close": 1.69, "volume": 747275, "typical_volume": 296332.95, "trend": 1.806067, "fair_value": 1.930921, "relative_strength": -28.199625, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.609782, "energy": 18.453145, "activity_lines": [ 1.908, 1.903273, 1.865003, 1.825038 ] }, { "date": "2025-08-22", "close": 2.39, "volume": 833560, "typical_volume": 329520.0, "trend": 1.8214, "fair_value": 1.937203, "relative_strength": 3.470414, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.564032, "energy": 43.576244, "activity_lines": [ 2.07, 1.991455, 1.922333, 1.862711 ] }, { "date": "2025-08-29", "close": 2.13, "volume": 364764, "typical_volume": 343181.1, "trend": 1.829067, "fair_value": 1.941113, "relative_strength": -6.563053, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.698205, "energy": 41.155657, "activity_lines": [ 2.102667, 2.024364, 1.951048, 1.882621 ] }, { "date": "2025-09-05", "close": 2.2, "volume": 228340, "typical_volume": 352149.75, "trend": 1.845067, "fair_value": 1.945088, "relative_strength": -3.497773, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.331393, "energy": 36.299595, "activity_lines": [ 2.149333, 2.065818, 1.983571, 1.906552 ] }, { "date": "2025-09-12", "close": 2.24, "volume": 969130, "typical_volume": 397616.95, "trend": 1.861067, "fair_value": 1.950472, "relative_strength": -1.817726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.201859, "energy": 48.951977, "activity_lines": [ 2.190667, 2.109455, 2.016714, 1.932032 ] }, { "date": "2025-09-19", "close": 2.05, "volume": 266449, "typical_volume": 407882.85, "trend": 1.860733, "fair_value": 1.954928, "relative_strength": -11.35465, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.837168, "energy": 27.899536, "activity_lines": [ 2.164, 2.111455, 2.027857, 1.944221 ] }, { "date": "2025-09-26", "close": 1.96, "volume": 221406, "typical_volume": 414507.95, "trend": 1.859067, "fair_value": 1.959287, "relative_strength": -14.294746, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.589163, "energy": 18.999776, "activity_lines": [ 2.083333, 2.094545, 2.027952, 1.950625 ] }, { "date": "2025-10-03", "close": 1.98, "volume": 263363, "typical_volume": 423145.9, "trend": 1.8574, "fair_value": 1.963261, "relative_strength": -13.90431, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.490312, "energy": 14.062905, "activity_lines": [ 2.038, 2.077455, 2.028238, 1.958428 ] }, { "date": "2025-10-10", "close": 1.95, "volume": 876502, "typical_volume": 459160.75, "trend": 1.863353, "fair_value": 1.967363, "relative_strength": -12.795961, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.063878, "energy": 14.668938, "activity_lines": [ 1.992667, 2.055091, 2.024667, 1.964402 ] }, { "date": "2025-10-17", "close": 1.76, "volume": 229139, "typical_volume": 466155.95, "trend": 1.865853, "fair_value": 1.970953, "relative_strength": -22.230158, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.907765, "energy": 10.132254, "activity_lines": [ 1.900667, 1.997636, 2.002381, 1.957734 ] }, { "date": "2025-10-24", "close": 1.7901, "volume": 190149, "typical_volume": 452001.1, "trend": 1.87369, "fair_value": 1.976274, "relative_strength": -21.292283, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.276799, "energy": 14.190931, "activity_lines": [ 1.8507, 1.953109, 1.983819, 1.952846 ] }, { "date": "2025-10-31", "close": 1.78, "volume": 252569, "typical_volume": 423392.8, "trend": 1.880337, "fair_value": 1.981498, "relative_strength": -21.856388, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.849588, "energy": 19.543529, "activity_lines": [ 1.814693, 1.904925, 1.965247, 1.946802 ] }, { "date": "2025-11-07", "close": 1.405, "volume": 430793, "typical_volume": 443872.95, "trend": 1.87617, "fair_value": 1.984106, "relative_strength": -35.383064, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.414822, "energy": 46.133113, "activity_lines": [ 1.665687, 1.799651, 1.91177, 1.916135 ] }, { "date": "2025-11-14", "close": 1.83, "volume": 773501, "typical_volume": 480545.85, "trend": 1.88617, "fair_value": 1.98917, "relative_strength": -15.089233, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.336152, "energy": 36.096661, "activity_lines": [ 1.69668, 1.784831, 1.901127, 1.913156 ] }, { "date": "2025-11-21", "close": 1.8, "volume": 3479915, "typical_volume": 616570.95, "trend": 1.898837, "fair_value": 1.994298, "relative_strength": -13.204221, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.628375, "energy": 31.112683, "activity_lines": [ 1.725673, 1.771284, 1.888055, 1.907597 ] }, { "date": "2025-11-28", "close": 2.01, "volume": 549490, "typical_volume": 636443.9, "trend": 1.914837, "fair_value": 1.999875, "relative_strength": -6.953087, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -29.773854, "energy": 17.425863, "activity_lines": [ 1.822, 1.803918, 1.895221, 1.914769 ] }, { "date": "2025-12-05", "close": 1.99, "volume": 326079, "typical_volume": 588580.9, "trend": 1.927837, "fair_value": 2.003978, "relative_strength": -8.41678, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.664723, "energy": 15.451927, "activity_lines": [ 1.897, 1.833644, 1.900007, 1.919618 ] }, { "date": "2025-12-12", "close": 1.75, "volume": 295460, "typical_volume": 591747.65, "trend": 1.92717, "fair_value": 2.005837, "relative_strength": -17.424625, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.923601, "energy": 18.81466, "activity_lines": [ 1.878, 1.819187, 1.880792, 1.908145 ] }, { "date": "2025-12-19", "close": 1.82, "volume": 327894, "typical_volume": 599155.15, "trend": 1.92717, "fair_value": 2.009426, "relative_strength": -14.109235, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.871703, "energy": 15.918753, "activity_lines": [ 1.859333, 1.82164, 1.869387, 1.901231 ] }, { "date": "2025-12-26", "close": 1.78, "volume": 76495, "typical_volume": 585113.65, "trend": 1.921837, "fair_value": 2.012343, "relative_strength": -16.5968, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.977048, "energy": 15.456338, "activity_lines": [ 1.828, 1.819184, 1.854648, 1.891736 ] }, { "date": "2026-01-02", "close": 1.84, "volume": 133052, "typical_volume": 554402.5, "trend": 1.916837, "fair_value": 2.013881, "relative_strength": -11.81805, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.10735, "energy": 21.131996, "activity_lines": [ 1.818, 1.827273, 1.847481, 1.886456 ] }, { "date": "2026-01-09", "close": 1.53, "volume": 248746, "typical_volume": 525161.8, "trend": 1.902837, "fair_value": 2.012279, "relative_strength": -27.688878, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.466585, "energy": 41.353872, "activity_lines": [ 1.716, 1.778091, 1.810076, 1.861499 ] }, { "date": "2026-01-16", "close": 1.96, "volume": 352308, "typical_volume": 524539.0, "trend": 1.904837, "fair_value": 2.014061, "relative_strength": -6.354735, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.188916, "energy": 19.111454, "activity_lines": [ 1.788, 1.811636, 1.817718, 1.865187 ] }, { "date": "2026-01-23", "close": 2.49, "volume": 2652498, "typical_volume": 645746.9, "trend": 1.923837, "fair_value": 2.017522, "relative_strength": 18.461404, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.975267, "energy": 24.857599, "activity_lines": [ 2.022667, 1.931455, 1.876646, 1.902939 ] }, { "date": "2026-01-30", "close": 2.75, "volume": 1000741, "typical_volume": 647327.45, "trend": 1.953837, "fair_value": 2.023099, "relative_strength": 30.440379, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 72.592294, "energy": 62.591693, "activity_lines": [ 2.299333, 2.086545, 1.958955, 1.95624 ] }, { "date": "2026-02-06", "close": 2.63, "volume": 915084, "typical_volume": 679759.2, "trend": 1.977837, "fair_value": 2.02794, "relative_strength": 26.525302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.895994, "energy": 67.17488, "activity_lines": [ 2.471333, 2.202545, 2.027407, 1.999863 ] }, { "date": "2026-02-13", "close": 3.25, "volume": 456714, "typical_volume": 691524.6, "trend": 2.027837, "fair_value": 2.03685, "relative_strength": 56.495801, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.131006, "energy": 83.84906, "activity_lines": [ 2.797333, 2.42, 2.152145, 2.081938 ] }, { "date": "2026-02-20", "close": 3.14, "volume": 203512, "typical_volume": 688532.05, "trend": 2.06617, "fair_value": 2.045824, "relative_strength": 48.476393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.141829, "energy": 82.510764, "activity_lines": [ 2.972, 2.594545, 2.260263, 2.153691 ] }, { "date": "2026-02-27", "close": 2.96, "volume": 384406, "typical_volume": 663927.25, "trend": 2.100837, "fair_value": 2.053979, "relative_strength": 39.620511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.116788, "energy": 75.696518, "activity_lines": [ 3.008, 2.711091, 2.345715, 2.211357 ] }, { "date": "2026-03-06", "close": 2.84, "volume": 187719, "typical_volume": 661856.25, "trend": 2.12317, "fair_value": 2.063531, "relative_strength": 35.207274, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.679123, "energy": 66.194905, "activity_lines": [ 2.972667, 2.785091, 2.414929, 2.259045 ] }, { "date": "2026-03-13", "close": 4.13, "volume": 3374727, "typical_volume": 821085.15, "trend": 2.204503, "fair_value": 2.079821, "relative_strength": 95.142159, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.916304, "energy": 66.652637, "activity_lines": [ 3.361333, 3.074364, 2.601857, 2.388518 ] }, { "date": "2026-03-20", "close": 3.63, "volume": 846557, "typical_volume": 850784.55, "trend": 2.245837, "fair_value": 2.093475, "relative_strength": 72.427889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.658002, "energy": 54.62287, "activity_lines": [ 3.483333, 3.231091, 2.730024, 2.480486 ] }, { "date": "2026-03-27", "close": 3.77, "volume": 716472, "typical_volume": 865068.5, "trend": 2.300503, "fair_value": 2.108347, "relative_strength": 81.795387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.130316, "energy": 54.293066, "activity_lines": [ 3.626667, 3.375091, 2.862714, 2.578819 ] }, { "date": "2026-04-03", "close": 3.99, "volume": 1546267, "typical_volume": 903706.8, "trend": 2.36017, "fair_value": 2.124437, "relative_strength": 82.12607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.213579, "energy": 56.505325, "activity_lines": [ 3.801333, 3.526182, 3.005095, 2.687819 ] }, { "date": "2026-04-10", "close": 3.8, "volume": 2824930, "typical_volume": 870957.55, "trend": 2.41217, "fair_value": 2.139244, "relative_strength": 63.664836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.956631, "energy": 46.619179, "activity_lines": [ 3.844, 3.615455, 3.119095, 2.780711 ] }, { "date": "2026-04-17", "close": 3.97, "volume": 1631000, "typical_volume": 925033.05, "trend": 2.47617, "fair_value": 2.155654, "relative_strength": 58.894179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.281065, "energy": 46.524498, "activity_lines": [ 3.879333, 3.716545, 3.239762, 2.881216 ] }, { "date": "2026-04-24", "close": 3.69, "volume": 1201259, "typical_volume": 968792.05, "trend": 2.533837, "fair_value": 2.170911, "relative_strength": 42.689462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.160757, "energy": 42.298152, "activity_lines": [ 3.832, 3.742364, 3.324429, 2.959528 ] }, { "date": "2026-05-01", "close": 3.82, "volume": 838325, "typical_volume": 995935.3, "trend": 2.59517, "fair_value": 2.186808, "relative_strength": 43.675218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.024214, "energy": 37.74357, "activity_lines": [ 3.824, 3.783818, 3.413381, 3.042506 ] }, { "date": "2026-05-08", "close": 3.69, "volume": 533445, "typical_volume": 1006212.85, "trend": 2.65317, "fair_value": 2.201488, "relative_strength": 30.344349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.879512, "energy": 30.62582, "activity_lines": [ 3.769333, 3.789273, 3.480095, 3.11314 ] }, { "date": "2026-05-15", "close": 3.5, "volume": 166343, "typical_volume": 1010705.25, "trend": 2.71117, "fair_value": 2.214372, "relative_strength": 23.123535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.098419, "energy": 24.151517, "activity_lines": [ 3.671333, 3.746909, 3.51981, 3.167774 ] }, { "date": "2026-05-22", "close": 3.75, "volume": 426199, "typical_volume": 1025362.6, "trend": 2.7765, "fair_value": 2.229372, "relative_strength": 29.318612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.326786, "energy": 22.766807, "activity_lines": [ 3.676667, 3.738, 3.575143, 3.234796 ] }, { "date": "2026-05-29", "close": 3.97, "volume": 1475184, "typical_volume": 1086684.5, "trend": 2.8495, "fair_value": 2.246296, "relative_strength": 32.032221, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.757741, "energy": 24.591174, "activity_lines": [ 3.77, 3.776, 3.642333, 3.311796 ] }, { "date": "2026-06-05", "close": 3.32, "volume": 815182, "typical_volume": 1109828.2, "trend": 2.913333, "fair_value": 2.259565, "relative_strength": 15.111166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.938484, "energy": 16.187646, "activity_lines": [ 3.628, 3.689636, 3.636, 3.342151 ] }, { "date": "2026-06-12", "close": 3.57, "volume": 954595, "typical_volume": 1024933.05, "trend": 2.971333, "fair_value": 2.274244, "relative_strength": 20.287227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.003482, "energy": 16.35144, "activity_lines": [ 3.602667, 3.656909, 3.647, 3.384516 ] }, { "date": "2026-06-19", "close": 3.94, "volume": 390530, "typical_volume": 994422.5, "trend": 3.042667, "fair_value": 2.290847, "relative_strength": 28.278772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.251874, "energy": 24.475082, "activity_lines": [ 3.708667, 3.699091, 3.688095, 3.447011 ] }, { "date": "2026-06-26", "close": 4.19, "volume": 2004539, "typical_volume": 1048895.25, "trend": 3.115333, "fair_value": 2.308219, "relative_strength": 41.265102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.783585, "energy": 28.330438, "activity_lines": [ 3.868667, 3.784182, 3.747333, 3.521032 ] }, { "date": "2026-07-03", "close": 4.47, "volume": 2020629, "typical_volume": 1127091.0, "trend": 3.198, "fair_value": 2.326616, "relative_strength": 47.437489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.058443, "energy": 49.578548, "activity_lines": [ 4.092667, 3.916182, 3.82581, 3.60843 ] }, { "date": "2026-07-10", "close": 3.94, "volume": 2362576, "typical_volume": 1235044.2, "trend": 3.271, "fair_value": 2.342513, "relative_strength": 26.516149, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.09821, "energy": 46.65108, "activity_lines": [ 4.106667, 3.937636, 3.848, 3.656301 ] }, { "date": "2026-07-17", "close": 3.59, "volume": 868502, "typical_volume": 1259249.0, "trend": 3.33, "fair_value": 2.356744, "relative_strength": 19.194962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.87677, "energy": 28.103628, "activity_lines": [ 3.962667, 3.893273, 3.833048, 3.676882 ] }, { "date": "2026-07-24", "close": 3.2, "volume": 797331, "typical_volume": 1289729.6, "trend": 3.377333, "fair_value": 2.368476, "relative_strength": 7.421232, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.577258, "energy": 6.486623, "activity_lines": [ 3.687333, 3.779818, 3.777952, 3.668495 ] }, { "date": "2026-07-31", "close": 3.75, "volume": 1309652, "typical_volume": 1186475.85, "trend": 3.441, "fair_value": 2.383846, "relative_strength": 24.115472, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.784614, "energy": 12.137646, "activity_lines": [ 3.644667, 3.771818, 3.773524, 3.692538 ] }, { "date": "2026-08-07", "close": 4.11, "volume": 1213779, "typical_volume": 1204836.95, "trend": 3.527, "fair_value": 2.401602, "relative_strength": 28.373653, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.978498, "energy": 17.063678, "activity_lines": [ 3.751333, 3.829273, 3.80519, 3.735699 ] } ], "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." } } }