{ "ticker": { "uuid": "23f4f285-4832-48c5-8e6c-4cb748b96047", "symbol": "BW", "name": "Babcock & Wilcox Enterprises Inc", "exchange": "NYSE", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 64.581, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -41.103, "architecture_energy": 64.272, "architecture_maturity": 26.0, "architecture_confidence": 72.867, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 22.55, "rotation_up": 16.68, "upward_expansion": 22.19, "deceleration": 43.53, "rotation_down": 75.11, "downward_expansion": 66.19 }, "activity_lines": [ 9.631333, 11.090043, 13.329831, 13.530249 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 9.37, "trend_reference": 13.016066, "distance_from_trend": -0.28012, "trend_direction": "Improving", "fair_value": 4.144624, "distance_from_fair_value": 1.26076, "fair_value_direction": "Weakening", "relative_strength": -8.240223, "relative_strength_direction": "Weakening", "price_momentum": 0.01085, "excess_performance": -0.114775, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.28012, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.204065, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.26076, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.868725, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.082402, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -1.255383, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.01085, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.323839, "read": "Supply-led" } ], "volume": { "latest": 11921515, "relative_activity": 0.679896, "balance": 0.323839, "dry_up": 0.880417, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.315669, "annualized_volatility": 1.219084, "from_high_reference": -0.564091, "from_low_reference": 7.201449 }, "levels": { "trend_reference": 13.016066, "fair_value_reference": 4.144624, "structural_low": 7.757048, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": -0.076541, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.080742, "regime_survival": 0.25, "best_return": 0.061453, "worst_return": -0.238087, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.046089, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.096774, "regime_survival": 0.0, "best_return": -0.012567, "worst_return": -0.732466, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.287672, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.34185, "regime_survival": 0.0, "best_return": -0.054469, "worst_return": -0.70018, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.111732, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.158825, "regime_survival": 0.0, "best_return": 5.472601, "worst_return": -0.789946, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": 0.413794, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-09-13", "tenure": "Developing", "return": -0.207547, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-10-04", "tenure": "New", "return": 0.535211, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-22", "tenure": "Developing", "return": -0.201681, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-01-17", "tenure": "Developing", "return": -0.186869, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-28", "tenure": "Developing", "return": -0.260274, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-06-06", "tenure": "Established", "return": 0.155963, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": -0.018691, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.653847, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-12-26", "tenure": "Established", "return": 1.354261, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", "return": 0.251969, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-06-19", "tenure": "Established", "return": 1.115477, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-07-17", "tenure": "New", "return": -0.315571, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.025988, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.624957, "volume": 4122231, "typical_volume": 2416103.0, "trend": 5.73306, "fair_value": 6.2381, "relative_strength": -26.86005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.648402, "energy": 64.025713, "activity_lines": [ 5.059481, 5.316483, 5.48541, 5.573974 ] }, { "date": "2023-08-25", "close": 4.761559, "volume": 2223031, "typical_volume": 2468898.8, "trend": 5.68037, "fair_value": 6.253111, "relative_strength": -24.405414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.308783, "energy": 62.677542, "activity_lines": [ 4.935889, 5.172252, 5.407166, 5.511297 ] }, { "date": "2023-09-01", "close": 5.366511, "volume": 2694143, "typical_volume": 2493883.1, "trend": 5.650448, "fair_value": 6.272563, "relative_strength": -16.134789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.715752, "energy": 44.757566, "activity_lines": [ 5.047773, 5.16622, 5.389696, 5.491048 ] }, { "date": "2023-09-08", "close": 4.810345, "volume": 1896801, "typical_volume": 2470225.0, "trend": 5.601662, "fair_value": 6.287637, "relative_strength": -22.834972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.158031, "energy": 51.664786, "activity_lines": [ 4.96386, 5.07397, 5.321674, 5.436847 ] }, { "date": "2023-09-15", "close": 4.751801, "volume": 3561119, "typical_volume": 2566843.55, "trend": 5.542142, "fair_value": 6.302085, "relative_strength": -22.616796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.474421, "energy": 45.580523, "activity_lines": [ 4.8832, 4.988283, 5.253791, 5.382018 ] }, { "date": "2023-09-22", "close": 4.390782, "volume": 1812908, "typical_volume": 2577836.9, "trend": 5.480346, "fair_value": 6.31547, "relative_strength": -25.513431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.450916, "energy": 50.562411, "activity_lines": [ 4.725782, 4.85789, 5.157798, 5.307736 ] }, { "date": "2023-09-29", "close": 4.10782, "volume": 2300264, "typical_volume": 2590843.0, "trend": 5.402613, "fair_value": 6.326791, "relative_strength": -29.027541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.73779, "energy": 74.791312, "activity_lines": [ 4.489655, 4.700354, 5.042011, 5.219186 ] }, { "date": "2023-10-06", "close": 3.268693, "volume": 4650326, "typical_volume": 2718253.05, "trend": 5.330409, "fair_value": 6.332295, "relative_strength": -42.96522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.192862, "energy": 88.095467, "activity_lines": [ 4.017403, 4.411361, 4.852255, 5.081514 ] }, { "date": "2023-10-13", "close": 2.663741, "volume": 4292373, "typical_volume": 2843643.55, "trend": 5.237389, "fair_value": 6.332983, "relative_strength": -52.94575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.43552, "energy": 96.314441, "activity_lines": [ 3.483353, 4.04768, 4.615525, 4.909471 ] }, { "date": "2023-10-20", "close": 2.634469, "volume": 3409590, "typical_volume": 2899817.3, "trend": 5.14437, "fair_value": 6.333984, "relative_strength": -51.405318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.14731, "energy": 94.466716, "activity_lines": [ 3.082654, 3.723915, 4.387018, 4.741541 ] }, { "date": "2023-10-27", "close": 2.292964, "volume": 3100886, "typical_volume": 2880529.95, "trend": 5.023705, "fair_value": 6.333859, "relative_strength": -56.190451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.368056, "energy": 94.475944, "activity_lines": [ 2.709275, 3.388442, 4.139322, 4.557579 ] }, { "date": "2023-11-03", "close": 2.48811, "volume": 3497713, "typical_volume": 2817994.45, "trend": 4.925807, "fair_value": 6.335673, "relative_strength": -54.74115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.953158, "energy": 89.636913, "activity_lines": [ 2.540799, 3.130849, 3.925823, 4.393992 ] }, { "date": "2023-11-10", "close": 1.024516, "volume": 12639127, "typical_volume": 3274927.05, "trend": 4.764161, "fair_value": 6.32504, "relative_strength": -81.336607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.503514, "energy": 97.606856, "activity_lines": [ 1.992439, 2.648484, 3.591148, 4.142296 ] }, { "date": "2023-11-17", "close": 1.736798, "volume": 20198869, "typical_volume": 4154605.7, "trend": 4.621704, "fair_value": 6.316659, "relative_strength": -68.666348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.513675, "energy": 88.20196, "activity_lines": [ 1.831119, 2.37457, 3.348889, 3.946982 ] }, { "date": "2023-11-24", "close": 1.629468, "volume": 4816875, "typical_volume": 4340403.45, "trend": 4.473719, "fair_value": 6.303023, "relative_strength": -70.527367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.229992, "energy": 78.794764, "activity_lines": [ 1.695818, 2.137025, 3.11555, 3.753935 ] }, { "date": "2023-12-01", "close": 1.629468, "volume": 5919511, "typical_volume": 4547496.45, "trend": 4.331587, "fair_value": 6.285823, "relative_strength": -70.356987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.24195, "energy": 72.311061, "activity_lines": [ 1.627517, 1.956249, 2.902562, 3.570435 ] }, { "date": "2023-12-08", "close": 1.639225, "volume": 3905556, "typical_volume": 4592725.2, "trend": 4.20767, "fair_value": 6.267122, "relative_strength": -69.817407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.206402, "energy": 65.946203, "activity_lines": [ 1.606701, 1.827452, 2.710018, 3.396734 ] }, { "date": "2023-12-15", "close": 1.697769, "volume": 5182576, "typical_volume": 4726490.3, "trend": 4.080825, "fair_value": 6.253549, "relative_strength": -68.994147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.097021, "energy": 63.709525, "activity_lines": [ 1.661992, 1.754184, 2.540334, 3.234805 ] }, { "date": "2023-12-22", "close": 1.40505, "volume": 5951395, "typical_volume": 4942798.55, "trend": 3.961786, "fair_value": 6.241165, "relative_strength": -74.130149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.044109, "energy": 65.245825, "activity_lines": [ 1.574827, 1.656256, 2.359499, 3.062174 ] }, { "date": "2023-12-29", "close": 1.424565, "volume": 3899687, "typical_volume": 5003749.05, "trend": 3.828111, "fair_value": 6.228343, "relative_strength": -73.32791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.494976, "energy": 63.39223, "activity_lines": [ 1.516283, 1.584762, 2.198365, 2.898482 ] }, { "date": "2024-01-05", "close": 1.229419, "volume": 4404681, "typical_volume": 5017871.55, "trend": 3.683378, "fair_value": 6.213206, "relative_strength": -76.091584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.265865, "energy": 65.859848, "activity_lines": [ 1.406351, 1.499785, 2.037602, 2.730825 ] }, { "date": "2024-01-12", "close": 1.19039, "volume": 3350817, "typical_volume": 5074260.85, "trend": 3.512625, "fair_value": 6.19119, "relative_strength": -76.740164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.068415, "energy": 67.117485, "activity_lines": [ 1.310079, 1.427049, 1.889291, 2.569987 ] }, { "date": "2024-01-19", "close": 1.141603, "volume": 4813223, "typical_volume": 5180214.85, "trend": 3.344475, "fair_value": 6.159228, "relative_strength": -77.399682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.72948, "energy": 69.188088, "activity_lines": [ 1.227467, 1.369037, 1.753339, 2.417018 ] }, { "date": "2024-01-26", "close": 1.346506, "volume": 6221896, "typical_volume": 5396469.6, "trend": 3.197465, "fair_value": 6.133146, "relative_strength": -72.964579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.214195, "energy": 63.971888, "activity_lines": [ 1.250234, 1.346152, 1.657021, 2.288117 ] }, { "date": "2024-02-02", "close": 1.268448, "volume": 4413110, "typical_volume": 5439069.15, "trend": 3.042974, "fair_value": 6.100059, "relative_strength": -74.266668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.857802, "energy": 61.168859, "activity_lines": [ 1.250885, 1.31617, 1.569763, 2.163664 ] }, { "date": "2024-02-09", "close": 1.268448, "volume": 5529476, "typical_volume": 5624897.55, "trend": 2.894338, "fair_value": 6.062343, "relative_strength": -73.961483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.952394, "energy": 61.639538, "activity_lines": [ 1.261943, 1.292753, 1.499092, 2.049178 ] }, { "date": "2024-02-16", "close": 1.180632, "volume": 5799862, "typical_volume": 5799877.45, "trend": 2.758061, "fair_value": 6.030007, "relative_strength": -74.99271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.918316, "energy": 62.670329, "activity_lines": [ 1.241127, 1.259932, 1.434926, 1.938617 ] }, { "date": "2024-02-23", "close": 1.053788, "volume": 4334665, "typical_volume": 5784094.4, "trend": 2.619508, "fair_value": 5.992479, "relative_strength": -77.406042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.1776, "energy": 66.932557, "activity_lines": [ 1.178681, 1.212388, 1.372619, 1.828664 ] }, { "date": "2024-03-01", "close": 1.287963, "volume": 4908167, "typical_volume": 5814884.1, "trend": 2.490712, "fair_value": 5.959517, "relative_strength": -71.848863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.31175, "energy": 57.308759, "activity_lines": [ 1.200147, 1.219129, 1.343161, 1.742757 ] }, { "date": "2024-03-08", "close": 1.395293, "volume": 5909637, "typical_volume": 5939886.45, "trend": 2.357037, "fair_value": 5.922176, "relative_strength": -68.65365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.445106, "energy": 45.852138, "activity_lines": [ 1.261293, 1.247514, 1.330477, 1.672085 ] }, { "date": "2024-03-15", "close": 0.965972, "volume": 9656431, "typical_volume": 6267663.7, "trend": 2.235071, "fair_value": 5.881208, "relative_strength": -77.6814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.336066, "energy": 55.133844, "activity_lines": [ 1.170875, 1.198373, 1.282805, 1.582339 ] }, { "date": "2024-03-22", "close": 1.287963, "volume": 30059894, "typical_volume": 7595772.75, "trend": 2.119284, "fair_value": 5.840115, "relative_strength": -70.117398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.041615, "energy": 37.8285, "activity_lines": [ 1.207953, 1.212565, 1.272119, 1.521235 ] }, { "date": "2024-03-29", "close": 1.102574, "volume": 6945845, "typical_volume": 7311108.65, "trend": 1.977153, "fair_value": 5.786512, "relative_strength": -73.743608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.92452, "energy": 38.50936, "activity_lines": [ 1.176079, 1.191277, 1.249491, 1.455641 ] }, { "date": "2024-04-05", "close": 1.102574, "volume": 4769183, "typical_volume": 6539624.35, "trend": 1.85356, "fair_value": 5.738977, "relative_strength": -72.769945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.929447, "energy": 41.33013, "activity_lines": [ 1.140953, 1.170698, 1.226492, 1.399217 ] }, { "date": "2024-04-12", "close": 1.024516, "volume": 7087130, "typical_volume": 6653137.1, "trend": 1.729318, "fair_value": 5.699009, "relative_strength": -73.510725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.249349, "energy": 39.445748, "activity_lines": [ 1.092166, 1.140362, 1.199078, 1.34573 ] }, { "date": "2024-04-19", "close": 0.905379, "volume": 6784089, "typical_volume": 6696366.0, "trend": 1.613137, "fair_value": 5.655151, "relative_strength": -75.026872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.828558, "energy": 45.79129, "activity_lines": [ 1.028386, 1.092799, 1.163199, 1.292573 ] }, { "date": "2024-04-26", "close": 1.014758, "volume": 6093791, "typical_volume": 6805777.75, "trend": 1.510035, "fair_value": 5.605239, "relative_strength": -71.78205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.290718, "energy": 40.750967, "activity_lines": [ 1.005105, 1.071725, 1.141186, 1.253968 ] }, { "date": "2024-05-03", "close": 1.053788, "volume": 3388001, "typical_volume": 6716049.0, "trend": 1.436205, "fair_value": 5.559079, "relative_strength": -69.851876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.887346, "energy": 37.877644, "activity_lines": [ 1.013048, 1.060763, 1.125862, 1.224532 ] }, { "date": "2024-05-10", "close": 1.258691, "volume": 6141574, "typical_volume": 6725557.95, "trend": 1.38937, "fair_value": 5.518924, "relative_strength": -63.543723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.931829, "energy": 22.134506, "activity_lines": [ 1.092544, 1.087056, 1.13312, 1.21308 ] }, { "date": "2024-05-17", "close": 1.200147, "volume": 4578565, "typical_volume": 6759501.85, "trend": 1.34156, "fair_value": 5.475204, "relative_strength": -64.669989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.173758, "energy": 14.117166, "activity_lines": [ 1.142117, 1.103238, 1.1355, 1.200872 ] }, { "date": "2024-05-24", "close": 1.151361, "volume": 3920269, "typical_volume": 6735281.25, "trend": 1.303506, "fair_value": 5.428669, "relative_strength": -65.074876, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.78967, "energy": 15.219158, "activity_lines": [ 1.16372, 1.114097, 1.134302, 1.188601 ] }, { "date": "2024-05-31", "close": 1.141603, "volume": 2713772, "typical_volume": 6703429.0, "trend": 1.258622, "fair_value": 5.380383, "relative_strength": -64.044435, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.197711, "energy": 15.260513, "activity_lines": [ 1.165671, 1.119811, 1.132546, 1.178156 ] }, { "date": "2024-06-07", "close": 1.161118, "volume": 4198427, "typical_volume": 6672689.2, "trend": 1.263176, "fair_value": 5.334661, "relative_strength": -62.572537, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.812141, "energy": 12.463338, "activity_lines": [ 1.165671, 1.131734, 1.132881, 1.171865 ] }, { "date": "2024-06-14", "close": 1.258691, "volume": 6062220, "typical_volume": 6664705.4, "trend": 1.247239, "fair_value": 5.29582, "relative_strength": -58.402825, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.059018, "energy": 6.483724, "activity_lines": [ 1.19104, 1.160334, 1.142416, 1.171576 ] }, { "date": "2024-06-21", "close": 1.570924, "volume": 6144362, "typical_volume": 6751268.0, "trend": 1.245288, "fair_value": 5.256228, "relative_strength": -46.27363, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.958237, "energy": 39.372662, "activity_lines": [ 1.320487, 1.242865, 1.182105, 1.192459 ] }, { "date": "2024-06-28", "close": 1.414807, "volume": 14490151, "typical_volume": 7199301.75, "trend": 1.238132, "fair_value": 5.218887, "relative_strength": -49.682451, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.128271, "energy": 47.004767, "activity_lines": [ 1.373176, 1.287076, 1.205486, 1.203395 ] }, { "date": "2024-07-05", "close": 1.8734, "volume": 12880009, "typical_volume": 7553309.1, "trend": 1.245938, "fair_value": 5.185112, "relative_strength": -32.025335, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.069306, "energy": 69.302704, "activity_lines": [ 1.561167, 1.405405, 1.271845, 1.24438 ] }, { "date": "2024-07-12", "close": 2.000245, "volume": 9406500, "typical_volume": 7806900.85, "trend": 1.256021, "fair_value": 5.155778, "relative_strength": -25.415763, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 84.881428, "energy": 85.855377, "activity_lines": [ 1.742652, 1.531185, 1.346986, 1.293045 ] }, { "date": "2024-07-19", "close": 1.55141, "volume": 8704626, "typical_volume": 7996723.8, "trend": 1.260899, "fair_value": 5.123128, "relative_strength": -38.782654, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.054378, "energy": 72.736447, "activity_lines": [ 1.718585, 1.558151, 1.374874, 1.312103 ] }, { "date": "2024-07-26", "close": 1.590439, "volume": 4527811, "typical_volume": 7927632.5, "trend": 1.266428, "fair_value": 5.08854, "relative_strength": -34.354661, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.008902, "energy": 67.079856, "activity_lines": [ 1.688012, 1.586891, 1.405224, 1.333363 ] }, { "date": "2024-08-02", "close": 1.200147, "volume": 5477094, "typical_volume": 7718665.65, "trend": 1.265453, "fair_value": 5.0517, "relative_strength": -47.238781, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.927029, "energy": 24.221334, "activity_lines": [ 1.526041, 1.537572, 1.397474, 1.329087 ] }, { "date": "2024-08-09", "close": 1.151361, "volume": 8229792, "typical_volume": 6627160.55, "trend": 1.264152, "fair_value": 5.010419, "relative_strength": -46.969453, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.499518, "energy": 17.808331, "activity_lines": [ 1.362118, 1.478496, 1.383963, 1.321726 ] }, { "date": "2024-08-16", "close": 0.995244, "volume": 7790670, "typical_volume": 6669401.8, "trend": 1.259273, "fair_value": 4.973642, "relative_strength": -53.978836, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -16.805586, "energy": 26.081097, "activity_lines": [ 1.194293, 1.390858, 1.356235, 1.304377 ] }, { "date": "2024-08-23", "close": 1.229419, "volume": 7584903, "typical_volume": 6810187.8, "trend": 1.25537, "fair_value": 4.933987, "relative_strength": -41.403003, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -15.360353, "energy": 26.387992, "activity_lines": [ 1.171526, 1.348813, 1.351319, 1.302451 ] }, { "date": "2024-08-30", "close": 1.151361, "volume": 4312474, "typical_volume": 6671455.0, "trend": 1.251467, "fair_value": 4.896334, "relative_strength": -42.295574, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -16.013138, "energy": 25.133216, "activity_lines": [ 1.144205, 1.293108, 1.338366, 1.295741 ] }, { "date": "2024-09-06", "close": 1.112331, "volume": 2670359, "typical_volume": 6465768.5, "trend": 1.246263, "fair_value": 4.862496, "relative_strength": -38.894357, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -18.558109, "energy": 26.426717, "activity_lines": [ 1.133147, 1.237934, 1.321091, 1.286765 ] }, { "date": "2024-09-13", "close": 1.229419, "volume": 3120703, "typical_volume": 6317114.1, "trend": 1.24789, "fair_value": 4.829847, "relative_strength": -31.69412, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -12.987123, "energy": 14.933303, "activity_lines": [ 1.166972, 1.20955, 1.313982, 1.285678 ] }, { "date": "2024-09-20", "close": 1.385536, "volume": 4771074, "typical_volume": 6386267.75, "trend": 1.258948, "fair_value": 4.801013, "relative_strength": -20.330435, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.48925, "energy": 7.791867, "activity_lines": [ 1.247633, 1.221258, 1.320719, 1.294558 ] }, { "date": "2024-09-27", "close": 1.853886, "volume": 6438283, "typical_volume": 6401103.2, "trend": 1.277812, "fair_value": 4.770115, "relative_strength": 10.510052, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.932264, "energy": 34.192606, "activity_lines": [ 1.45839, 1.329298, 1.370482, 1.332941 ] }, { "date": "2024-10-04", "close": 2.12709, "volume": 8645895, "typical_volume": 6604469.7, "trend": 1.302205, "fair_value": 4.745033, "relative_strength": 29.865094, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 81.401606, "energy": 74.334853, "activity_lines": [ 1.718585, 1.481512, 1.443429, 1.387734 ] }, { "date": "2024-10-11", "close": 2.322236, "volume": 10968716, "typical_volume": 6956892.05, "trend": 1.347414, "fair_value": 4.720515, "relative_strength": 42.31918, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.117901, "energy": 87.97728, "activity_lines": [ 1.978779, 1.65945, 1.530548, 1.453542 ] }, { "date": "2024-10-18", "close": 2.507624, "volume": 11649068, "typical_volume": 7403656.85, "trend": 1.388069, "fair_value": 4.695934, "relative_strength": 54.527649, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.275145, "energy": 93.49332, "activity_lines": [ 2.220109, 1.850692, 1.629747, 1.528394 ] }, { "date": "2024-10-25", "close": 2.292964, "volume": 6779671, "typical_volume": 7532719.05, "trend": 1.427749, "fair_value": 4.667913, "relative_strength": 44.353135, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.338739, "energy": 85.301121, "activity_lines": [ 2.304673, 1.978247, 1.701997, 1.586775 ] }, { "date": "2024-11-01", "close": 2.263692, "volume": 4823501, "typical_volume": 7470783.1, "trend": 1.466453, "fair_value": 4.635514, "relative_strength": 46.392382, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.672625, "energy": 82.428538, "activity_lines": [ 2.318983, 2.076884, 1.76607, 1.640706 ] }, { "date": "2024-11-08", "close": 2.497867, "volume": 5303123, "typical_volume": 7428721.15, "trend": 1.515565, "fair_value": 4.590042, "relative_strength": 52.238205, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.717979, "energy": 72.014394, "activity_lines": [ 2.384032, 2.199294, 1.84766, 1.707249 ] }, { "date": "2024-11-15", "close": 1.727041, "volume": 12405974, "typical_volume": 7324512.3, "trend": 1.542953, "fair_value": 4.54013, "relative_strength": 8.219726, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.91448, "energy": 40.595856, "activity_lines": [ 2.16742, 2.157071, 1.851423, 1.720893 ] }, { "date": "2024-11-22", "close": 1.853886, "volume": 5524328, "typical_volume": 6956728.25, "trend": 1.570924, "fair_value": 4.494471, "relative_strength": 14.680485, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.142436, "energy": 26.162599, "activity_lines": [ 2.03277, 2.126735, 1.86578, 1.740953 ] }, { "date": "2024-11-29", "close": 1.931944, "volume": 2450402, "typical_volume": 6608923.35, "trend": 1.600196, "fair_value": 4.454316, "relative_strength": 18.440978, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.584683, "energy": 21.120134, "activity_lines": [ 1.967721, 2.099237, 1.887665, 1.764245 ] }, { "date": "2024-12-06", "close": 1.883157, "volume": 4805436, "typical_volume": 6413963.85, "trend": 1.621012, "fair_value": 4.411534, "relative_strength": 14.86872, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.866726, "energy": 24.326105, "activity_lines": [ 1.910478, 2.052934, 1.905228, 1.7825 ] }, { "date": "2024-12-13", "close": 1.814856, "volume": 4297709, "typical_volume": 6402458.75, "trend": 1.641502, "fair_value": 4.369252, "relative_strength": 11.878957, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.429675, "energy": 19.732644, "activity_lines": [ 1.855837, 1.993681, 1.914706, 1.795006 ] }, { "date": "2024-12-20", "close": 1.570924, "volume": 6489208, "typical_volume": 6453064.45, "trend": 1.655487, "fair_value": 4.321467, "relative_strength": -1.102031, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.451738, "energy": 10.501769, "activity_lines": [ 1.765419, 1.895753, 1.899884, 1.790453 ] }, { "date": "2024-12-27", "close": 1.65874, "volume": 3114291, "typical_volume": 6197289.4, "trend": 1.672725, "fair_value": 4.275683, "relative_strength": 3.933323, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.976927, "energy": 14.081734, "activity_lines": [ 1.714681, 1.827452, 1.89166, 1.790663 ] }, { "date": "2025-01-03", "close": 1.736798, "volume": 6645847, "typical_volume": 6140048.25, "trend": 1.691915, "fair_value": 4.232713, "relative_strength": 9.173192, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.985691, "energy": 15.175445, "activity_lines": [ 1.702973, 1.788778, 1.888454, 1.794796 ] }, { "date": "2025-01-10", "close": 1.561167, "volume": 6425294, "typical_volume": 6082067.8, "trend": 1.701997, "fair_value": 4.192746, "relative_strength": -0.043974, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.948454, "energy": 26.296149, "activity_lines": [ 1.64573, 1.728283, 1.86499, 1.786361 ] }, { "date": "2025-01-17", "close": 1.570924, "volume": 5750545, "typical_volume": 6153971.35, "trend": 1.701997, "fair_value": 4.157344, "relative_strength": -2.457574, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.776893, "energy": 33.583675, "activity_lines": [ 1.613206, 1.682335, 1.840876, 1.777905 ] }, { "date": "2025-01-24", "close": 1.424565, "volume": 3079807, "typical_volume": 6174443.75, "trend": 1.702322, "fair_value": 4.124132, "relative_strength": -12.773922, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.813771, "energy": 40.889679, "activity_lines": [ 1.548157, 1.626629, 1.800825, 1.760006 ] }, { "date": "2025-01-31", "close": 1.326992, "volume": 4765790, "typical_volume": 6256698.1, "trend": 1.684109, "fair_value": 4.086479, "relative_strength": -17.685941, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.788939, "energy": 49.249841, "activity_lines": [ 1.460342, 1.558683, 1.749994, 1.735791 ] }, { "date": "2025-02-07", "close": 1.366021, "volume": 3512831, "typical_volume": 6193785.95, "trend": 1.662968, "fair_value": 4.049326, "relative_strength": -14.940085, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.344575, "energy": 52.301574, "activity_lines": [ 1.407652, 1.507413, 1.702415, 1.715269 ] }, { "date": "2025-02-14", "close": 1.258691, "volume": 3415435, "typical_volume": 6042643.55, "trend": 1.653211, "fair_value": 4.01086, "relative_strength": -22.587836, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.589125, "energy": 68.042205, "activity_lines": [ 1.343905, 1.446918, 1.644708, 1.689187 ] }, { "date": "2025-02-21", "close": 1.122089, "volume": 3717699, "typical_volume": 5796233.75, "trend": 1.637599, "fair_value": 3.972581, "relative_strength": -29.749307, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.951995, "energy": 73.683502, "activity_lines": [ 1.254788, 1.37294, 1.576825, 1.654921 ] }, { "date": "2025-02-28", "close": 1.053788, "volume": 4581304, "typical_volume": 5476863.15, "trend": 1.63272, "fair_value": 3.936742, "relative_strength": -33.013277, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.561589, "energy": 85.889833, "activity_lines": [ 1.172827, 1.299139, 1.507223, 1.617256 ] }, { "date": "2025-03-07", "close": 1.063545, "volume": 4472734, "typical_volume": 5118046.45, "trend": 1.629793, "fair_value": 3.893897, "relative_strength": -29.782877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.307011, "energy": 86.899382, "activity_lines": [ 1.118836, 1.236515, 1.444591, 1.580535 ] }, { "date": "2025-03-14", "close": 0.946457, "volume": 3400707, "typical_volume": 4949098.25, "trend": 1.628167, "fair_value": 3.846737, "relative_strength": -35.949334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.911103, "energy": 90.210973, "activity_lines": [ 1.04338, 1.163424, 1.377683, 1.536448 ] }, { "date": "2025-03-21", "close": 0.854934, "volume": 5174286, "typical_volume": 4966637.5, "trend": 1.615684, "fair_value": 3.799365, "relative_strength": -42.018427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.407921, "energy": 91.681108, "activity_lines": [ 0.965387, 1.088062, 1.308472, 1.486562 ] }, { "date": "2025-03-28", "close": 0.691792, "volume": 4634194, "typical_volume": 4933191.05, "trend": 1.600365, "fair_value": 3.750698, "relative_strength": -52.066533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.369242, "energy": 93.391292, "activity_lines": [ 0.85993, 0.995879, 1.230431, 1.426956 ] }, { "date": "2025-04-04", "close": 0.32082, "volume": 15995401, "typical_volume": 5112662.4, "trend": 1.573981, "fair_value": 3.704093, "relative_strength": -75.276313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.533666, "energy": 97.29487, "activity_lines": [ 0.659502, 0.85223, 1.12566, 1.344405 ] }, { "date": "2025-04-11", "close": 0.291255, "volume": 10072291, "typical_volume": 5340060.55, "trend": 1.542709, "fair_value": 3.657611, "relative_strength": -78.520564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.63878, "energy": 96.30543, "activity_lines": [ 0.498084, 0.723274, 1.024769, 1.261649 ] }, { "date": "2025-04-18", "close": 0.326089, "volume": 11177636, "typical_volume": 5776422.25, "trend": 1.507394, "fair_value": 3.612166, "relative_strength": -75.377886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.006843, "energy": 92.309348, "activity_lines": [ 0.399763, 0.619483, 0.934638, 1.183157 ] }, { "date": "2025-04-25", "close": 0.38112, "volume": 13263891, "typical_volume": 6199345.0, "trend": 1.458302, "fair_value": 3.567636, "relative_strength": -72.20644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.501773, "energy": 87.927186, "activity_lines": [ 0.361144, 0.544606, 0.857394, 1.110494 ] }, { "date": "2025-05-02", "close": 0.452934, "volume": 5840211, "typical_volume": 6276470.1, "trend": 1.402497, "fair_value": 3.524505, "relative_strength": -67.586397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.922999, "energy": 79.046891, "activity_lines": [ 0.37805, 0.498741, 0.794142, 1.045632 ] }, { "date": "2025-05-09", "close": 0.485913, "volume": 7818161, "typical_volume": 6342917.75, "trend": 1.341286, "fair_value": 3.488028, "relative_strength": -64.639671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.843728, "energy": 65.417344, "activity_lines": [ 0.421873, 0.47104, 0.740516, 0.986497 ] }, { "date": "2025-05-16", "close": 0.771216, "volume": 19765294, "typical_volume": 7175467.9, "trend": 1.283406, "fair_value": 3.454255, "relative_strength": -46.274884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.907065, "energy": 51.351815, "activity_lines": [ 0.549791, 0.505536, 0.719229, 0.949718 ] }, { "date": "2025-05-23", "close": 0.634224, "volume": 3900365, "typical_volume": 7038193.8, "trend": 1.228115, "fair_value": 3.414851, "relative_strength": -54.263811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.875819, "energy": 38.184745, "activity_lines": [ 0.600047, 0.52044, 0.689121, 0.907836 ] }, { "date": "2025-05-30", "close": 0.681254, "volume": 2627244, "typical_volume": 6848291.3, "trend": 1.175367, "fair_value": 3.37556, "relative_strength": -51.324059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.899568, "energy": 28.119743, "activity_lines": [ 0.645438, 0.549571, 0.668743, 0.872554 ] }, { "date": "2025-06-06", "close": 1.229419, "volume": 58155585, "typical_volume": 9468543.3, "trend": 1.133085, "fair_value": 3.339596, "relative_strength": -13.48181, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.358663, "energy": 19.753404, "activity_lines": [ 0.853542, 0.681527, 0.704761, 0.876042 ] }, { "date": "2025-06-13", "close": 1.04403, "volume": 10303214, "typical_volume": 9829713.65, "trend": 1.110318, "fair_value": 3.308823, "relative_strength": -25.904625, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.136926, "energy": 21.923867, "activity_lines": [ 0.948083, 0.770001, 0.724749, 0.870296 ] }, { "date": "2025-06-20", "close": 0.948604, "volume": 4230926, "typical_volume": 9802970.45, "trend": 1.080142, "fair_value": 3.275062, "relative_strength": -31.835216, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.828129, "energy": 23.453822, "activity_lines": [ 0.973609, 0.827975, 0.737461, 0.859863 ] }, { "date": "2025-06-27", "close": 0.944701, "volume": 3906333, "typical_volume": 9822645.55, "trend": 1.047234, "fair_value": 3.243652, "relative_strength": -33.797485, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.030614, "energy": 23.871014, "activity_lines": [ 0.986007, 0.873288, 0.751603, 0.851125 ] }, { "date": "2025-07-04", "close": 1.005001, "volume": 2113032, "typical_volume": 9757525.4, "trend": 1.017962, "fair_value": 3.21169, "relative_strength": -29.690409, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.978879, "energy": 25.841697, "activity_lines": [ 0.997807, 0.918317, 0.773494, 0.8484 ] }, { "date": "2025-07-11", "close": 1.024516, "volume": 5509027, "typical_volume": 9847091.8, "trend": 0.991617, "fair_value": 3.181605, "relative_strength": -26.914009, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.142714, "energy": 22.341683, "activity_lines": [ 0.994528, 0.955551, 0.798452, 0.848823 ] }, { "date": "2025-07-18", "close": 1.014758, "volume": 4152211, "typical_volume": 9825637.15, "trend": 0.973079, "fair_value": 3.144328, "relative_strength": -27.293027, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.507272, "energy": 20.662266, "activity_lines": [ 1.001658, 0.980618, 0.822945, 0.850316 ] }, { "date": "2025-07-25", "close": 1.014758, "volume": 4876169, "typical_volume": 9845808.9, "trend": 0.951612, "fair_value": 3.101045, "relative_strength": -27.524149, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.71025, "energy": 19.892782, "activity_lines": [ 1.010738, 0.99607, 0.847624, 0.853005 ] }, { "date": "2025-08-01", "close": 0.91016, "volume": 4685761, "typical_volume": 9910061.6, "trend": 0.924058, "fair_value": 3.054903, "relative_strength": -32.907481, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.540143, "energy": 14.636624, "activity_lines": [ 0.980543, 0.988076, 0.862573, 0.850331 ] }, { "date": "2025-08-08", "close": 1.287963, "volume": 9762961, "typical_volume": 10139495.35, "trend": 0.914951, "fair_value": 3.012246, "relative_strength": -7.22583, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.220594, "energy": 30.642587, "activity_lines": [ 1.078584, 1.043757, 0.913677, 0.873808 ] }, { "date": "2025-08-15", "close": 1.522138, "volume": 13102626, "typical_volume": 10562916.95, "trend": 0.913325, "fair_value": 2.975031, "relative_strength": 8.052992, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.265595, "energy": 56.5174, "activity_lines": [ 1.23582, 1.130984, 0.985021, 0.912982 ] }, { "date": "2025-08-22", "close": 1.678254, "volume": 7137661, "typical_volume": 10120029.95, "trend": 0.921781, "fair_value": 2.935502, "relative_strength": 18.388192, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 82.601894, "energy": 80.165727, "activity_lines": [ 1.411919, 1.241273, 1.067279, 0.962332 ] }, { "date": "2025-08-29", "close": 2.175876, "volume": 14019711, "typical_volume": 10317400.95, "trend": 0.950077, "fair_value": 2.90279, "relative_strength": 51.818827, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.594242, "energy": 91.299365, "activity_lines": [ 1.70966, 1.430508, 1.190466, 1.043241 ] }, { "date": "2025-09-05", "close": 2.078303, "volume": 12627383, "typical_volume": 10389888.3, "trend": 0.97382, "fair_value": 2.863072, "relative_strength": 43.124102, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.994442, "energy": 92.296174, "activity_lines": [ 1.897468, 1.579688, 1.295385, 1.11603 ] }, { "date": "2025-09-12", "close": 2.712527, "volume": 19544339, "typical_volume": 10703910.7, "trend": 1.022281, "fair_value": 2.830048, "relative_strength": 80.946161, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.782344, "energy": 97.069283, "activity_lines": [ 2.218808, 1.82357, 1.452364, 1.228205 ] }, { "date": "2025-09-19", "close": 3.190635, "volume": 26034511, "typical_volume": 11713625.7, "trend": 1.091233, "fair_value": 2.808156, "relative_strength": 106.185422, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.546979, "energy": 97.57071, "activity_lines": [ 2.604547, 2.123336, 1.643774, 1.368098 ] }, { "date": "2025-09-26", "close": 2.8101, "volume": 10305497, "typical_volume": 11837992.5, "trend": 1.149777, "fair_value": 2.786265, "relative_strength": 80.675721, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.482787, "energy": 88.537133, "activity_lines": [ 2.752207, 2.314529, 1.785906, 1.478993 ] }, { "date": "2025-10-03", "close": 2.790586, "volume": 10955532, "typical_volume": 11397504.4, "trend": 1.207345, "fair_value": 2.763248, "relative_strength": 76.842531, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.789929, "energy": 68.089669, "activity_lines": [ 2.817906, 2.469532, 1.915112, 1.584852 ] }, { "date": "2025-10-10", "close": 3.151606, "volume": 12786054, "typical_volume": 11841788.85, "trend": 1.28085, "fair_value": 2.743358, "relative_strength": 103.393547, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.228523, "energy": 68.849867, "activity_lines": [ 2.962965, 2.657887, 2.069085, 1.710288 ] }, { "date": "2025-10-17", "close": 3.27845, "volume": 10103631, "typical_volume": 12215608.2, "trend": 1.361633, "fair_value": 2.719152, "relative_strength": 106.964014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.573504, "energy": 63.865696, "activity_lines": [ 3.078751, 2.82855, 2.223151, 1.839165 ] }, { "date": "2025-10-24", "close": 3.376023, "volume": 6582183, "typical_volume": 9636938.1, "trend": 1.451108, "fair_value": 2.710896, "relative_strength": 107.442037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.970125, "energy": 60.878207, "activity_lines": [ 3.189334, 2.980764, 2.374142, 1.969126 ] }, { "date": "2025-10-31", "close": 3.522383, "volume": 7753951, "typical_volume": 9509474.95, "trend": 1.557827, "fair_value": 2.707831, "relative_strength": 112.945422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.692208, "energy": 60.520416, "activity_lines": [ 3.336344, 3.125882, 2.52885, 2.102757 ] }, { "date": "2025-11-07", "close": 5.473841, "volume": 61165302, "typical_volume": 12356193.75, "trend": 1.730579, "fair_value": 2.71246, "relative_strength": 226.219426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.220271, "energy": 73.542627, "activity_lines": [ 4.086354, 3.59228, 2.857609, 2.355403 ] }, { "date": "2025-11-14", "close": 6.508114, "volume": 40534113, "typical_volume": 14187582.75, "trend": 1.936647, "fair_value": 2.723405, "relative_strength": 268.322731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.163283, "energy": 93.201803, "activity_lines": [ 5.002239, 4.186766, 3.263322, 2.663631 ] }, { "date": "2025-11-21", "close": 5.65923, "volume": 19885895, "typical_volume": 15076225.9, "trend": 2.112584, "fair_value": 2.730411, "relative_strength": 214.063877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.573656, "energy": 85.862843, "activity_lines": [ 5.411395, 4.546366, 3.561696, 2.903798 ] }, { "date": "2025-11-28", "close": 6.098308, "volume": 9870443, "typical_volume": 15294296.7, "trend": 2.300763, "fair_value": 2.737729, "relative_strength": 213.833071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.685123, "energy": 88.287583, "activity_lines": [ 5.808191, 4.932223, 3.879724, 3.160941 ] }, { "date": "2025-12-05", "close": 5.542142, "volume": 18483936, "typical_volume": 16010882.95, "trend": 2.469304, "fair_value": 2.742232, "relative_strength": 175.052542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.13478, "energy": 68.025074, "activity_lines": [ 5.838113, 5.164091, 4.120624, 3.370062 ] }, { "date": "2025-12-12", "close": 5.805589, "volume": 15438649, "typical_volume": 16539006.95, "trend": 2.637116, "fair_value": 2.747736, "relative_strength": 179.76324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.250085, "energy": 59.908094, "activity_lines": [ 5.821201, 5.394186, 4.365054, 3.585306 ] }, { "date": "2025-12-19", "close": 4.781073, "volume": 16314648, "typical_volume": 17120451.3, "trend": 2.775345, "fair_value": 2.746047, "relative_strength": 123.996469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.588191, "energy": 48.517154, "activity_lines": [ 5.440666, 5.383187, 4.489098, 3.723626 ] }, { "date": "2025-12-26", "close": 5.122579, "volume": 6281389, "typical_volume": 16946372.7, "trend": 2.923389, "fair_value": 2.742795, "relative_strength": 130.125399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.740906, "energy": 36.630024, "activity_lines": [ 5.289103, 5.404653, 4.627233, 3.875061 ] }, { "date": "2026-01-02", "close": 6.195881, "volume": 10331746, "typical_volume": 16807828.7, "trend": 3.088938, "fair_value": 2.744546, "relative_strength": 171.377325, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.214843, "energy": 40.272571, "activity_lines": [ 5.531084, 5.587735, 4.849328, 4.086189 ] }, { "date": "2026-01-09", "close": 7.757048, "volume": 23305331, "typical_volume": 17616212.2, "trend": 3.312705, "fair_value": 2.754867, "relative_strength": 218.904016, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.430619, "energy": 54.81243, "activity_lines": [ 6.286949, 6.003396, 5.197849, 4.387358 ] }, { "date": "2026-01-16", "close": 8.21564, "volume": 14825116, "typical_volume": 17656482.45, "trend": 3.554939, "fair_value": 2.767063, "relative_strength": 222.614661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.698788, "energy": 75.134404, "activity_lines": [ 7.048018, 6.425443, 5.561099, 4.703676 ] }, { "date": "2026-01-23", "close": 9.220641, "volume": 11595047, "typical_volume": 17604865.65, "trend": 3.830804, "fair_value": 2.785514, "relative_strength": 243.600898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.600662, "energy": 88.230451, "activity_lines": [ 7.983417, 6.980367, 5.991303, 5.069205 ] }, { "date": "2026-01-30", "close": 9.40603, "volume": 17045101, "typical_volume": 17479903.75, "trend": 4.110838, "fair_value": 2.805654, "relative_strength": 230.56964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.028707, "energy": 88.413417, "activity_lines": [ 8.684641, 7.519679, 6.405151, 5.428897 ] }, { "date": "2026-02-06", "close": 9.269428, "volume": 17796804, "typical_volume": 17068018.4, "trend": 4.385669, "fair_value": 2.824856, "relative_strength": 210.267989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.270192, "energy": 82.550496, "activity_lines": [ 9.054767, 7.966031, 6.774117, 5.761709 ] }, { "date": "2026-02-13", "close": 9.51336, "volume": 12319180, "typical_volume": 17168702.55, "trend": 4.668956, "fair_value": 2.843933, "relative_strength": 206.412988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.224961, "energy": 76.149724, "activity_lines": [ 9.301302, 8.399077, 7.137367, 6.092528 ] }, { "date": "2026-02-20", "close": 8.508359, "volume": 6720490, "typical_volume": 16956950.45, "trend": 4.918742, "fair_value": 2.858444, "relative_strength": 159.538804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.348418, "energy": 59.068268, "activity_lines": [ 9.095748, 8.577192, 7.372982, 6.340232 ] }, { "date": "2026-02-27", "close": 8.644961, "volume": 7464916, "typical_volume": 16690893.55, "trend": 5.176569, "fair_value": 2.872579, "relative_strength": 153.92879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.641162, "energy": 51.178357, "activity_lines": [ 8.916214, 8.731003, 7.59438, 6.580633 ] }, { "date": "2026-03-06", "close": 12.782053, "volume": 44644219, "typical_volume": 18417922.95, "trend": 5.559705, "fair_value": 2.919677, "relative_strength": 259.188855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.588267, "energy": 62.009486, "activity_lines": [ 10.154089, 9.566759, 8.183627, 7.071309 ] }, { "date": "2026-03-13", "close": 10.254914, "volume": 32672565, "typical_volume": 19722442.05, "trend": 5.850798, "fair_value": 2.95045, "relative_strength": 178.611048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.285546, "energy": 48.006505, "activity_lines": [ 10.324516, 9.803773, 8.486939, 7.374226 ] }, { "date": "2026-03-20", "close": 14.81157, "volume": 34061269, "typical_volume": 21037807.95, "trend": 6.288575, "fair_value": 3.01062, "relative_strength": 281.723913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.878186, "energy": 63.021637, "activity_lines": [ 11.94813, 10.795468, 9.191462, 7.95234 ] }, { "date": "2026-03-27", "close": 14.499337, "volume": 22905987, "typical_volume": 19124842.2, "trend": 6.699357, "fair_value": 3.065661, "relative_strength": 257.388189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.229799, "energy": 72.165552, "activity_lines": [ 13.114452, 11.60213, 9.812491, 8.482067 ] }, { "date": "2026-04-03", "close": 15.338464, "volume": 11916173, "typical_volume": 17693945.2, "trend": 7.141362, "fair_value": 3.129209, "relative_strength": 242.147708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.490846, "energy": 73.337946, "activity_lines": [ 14.161084, 12.447112, 10.470458, 9.039429 ] }, { "date": "2026-04-10", "close": 17.016718, "volume": 17661825, "typical_volume": 17582741.7, "trend": 7.618169, "fair_value": 3.200637, "relative_strength": 242.764188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.438835, "energy": 86.332802, "activity_lines": [ 15.320901, 13.485997, 11.246209, 9.676548 ] }, { "date": "2026-04-17", "close": 17.914389, "volume": 12046784, "typical_volume": 17691558.75, "trend": 8.108961, "fair_value": 3.276944, "relative_strength": 224.261511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.288792, "energy": 85.320121, "activity_lines": [ 16.49763, 14.54972, 12.053369, 10.340821 ] }, { "date": "2026-04-24", "close": 14.148074, "volume": 18367347, "typical_volume": 17685729.3, "trend": 8.486893, "fair_value": 3.328733, "relative_strength": 143.23186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.144672, "energy": 57.841768, "activity_lines": [ 15.90829, 14.771476, 12.445566, 10.730441 ] }, { "date": "2026-05-01", "close": 13.728511, "volume": 13433118, "typical_volume": 17585452.75, "trend": 8.851491, "fair_value": 3.378958, "relative_strength": 124.169016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.347685, "energy": 49.918189, "activity_lines": [ 15.223328, 14.832681, 12.756824, 11.06861 ] }, { "date": "2026-05-08", "close": 14.187103, "volume": 13623243, "typical_volume": 17450882.5, "trend": 9.21934, "fair_value": 3.435563, "relative_strength": 117.298084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.373873, "energy": 37.449114, "activity_lines": [ 14.742618, 14.882355, 13.074029, 11.412843 ] }, { "date": "2026-05-15", "close": 21.319684, "volume": 35433068, "typical_volume": 18908466.45, "trend": 9.820715, "fair_value": 3.536951, "relative_strength": 207.469456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.512007, "energy": 51.921686, "activity_lines": [ 16.716193, 16.128095, 14.025736, 12.19351 ] }, { "date": "2026-05-22", "close": 18.577885, "volume": 18080444, "typical_volume": 19295901.35, "trend": 10.327444, "fair_value": 3.624141, "relative_strength": 153.242869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.064504, "energy": 49.336925, "activity_lines": [ 17.488971, 16.720096, 14.639191, 12.758489 ] }, { "date": "2026-05-29", "close": 18.002205, "volume": 15997250, "typical_volume": 18930497.3, "trend": 10.810104, "fair_value": 3.704701, "relative_strength": 131.633963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.240212, "energy": 48.511657, "activity_lines": [ 18.025622, 17.056102, 15.138857, 13.253635 ] }, { "date": "2026-06-05", "close": 15.962931, "volume": 15307226, "typical_volume": 18954602.8, "trend": 11.159741, "fair_value": 3.771314, "relative_strength": 103.222756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.063022, "energy": 49.394401, "activity_lines": [ 17.625573, 16.963319, 15.395521, 13.586075 ] }, { "date": "2026-06-12", "close": 15.689726, "volume": 11233123, "typical_volume": 18936506.6, "trend": 11.465794, "fair_value": 3.831421, "relative_strength": 91.897029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.942407, "energy": 36.387618, "activity_lines": [ 16.985495, 16.794252, 15.589273, 13.878332 ] }, { "date": "2026-06-19", "close": 17.38, "volume": 11533606, "typical_volume": 18660931.85, "trend": 11.856487, "fair_value": 3.903177, "relative_strength": 102.962514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.481873, "energy": 29.871079, "activity_lines": [ 16.808666, 16.926121, 15.913198, 14.259894 ] }, { "date": "2026-06-26", "close": 14.45, "volume": 35303223, "typical_volume": 19536252.8, "trend": 12.134876, "fair_value": 3.958902, "relative_strength": 67.71668, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.606153, "energy": 19.757665, "activity_lines": [ 15.917816, 16.518657, 15.920104, 14.427217 ] }, { "date": "2026-07-03", "close": 11.74, "volume": 15896145, "typical_volume": 19715101.05, "trend": 12.341472, "fair_value": 3.996318, "relative_strength": 30.374418, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.358486, "energy": 13.535389, "activity_lines": [ 14.398826, 15.681455, 15.644246, 14.401741 ] }, { "date": "2026-07-10", "close": 11.7, "volume": 20197984, "typical_volume": 20388975.75, "trend": 12.537952, "fair_value": 4.034603, "relative_strength": 25.419668, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.459488, "energy": 20.036108, "activity_lines": [ 13.283982, 14.880763, 15.353975, 14.360356 ] }, { "date": "2026-07-17", "close": 9.89, "volume": 18739549, "typical_volume": 20952707.4, "trend": 12.70825, "fair_value": 4.064225, "relative_strength": 5.759274, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.780837, "energy": 41.400072, "activity_lines": [ 11.85, 13.787862, 14.876125, 14.18952 ] }, { "date": "2026-07-24", "close": 9.62, "volume": 11424832, "typical_volume": 19291738.05, "trend": 12.858164, "fair_value": 4.092492, "relative_strength": 1.705435, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.695872, "energy": 60.027889, "activity_lines": [ 10.712667, 12.724, 14.366632, 13.990279 ] }, { "date": "2026-07-31", "close": 9.32, "volume": 19664231, "typical_volume": 18641321.35, "trend": 12.962301, "fair_value": 4.119211, "relative_strength": -4.118579, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.788356, "energy": 62.688695, "activity_lines": [ 9.992667, 11.818314, 13.843625, 13.76201 ] }, { "date": "2026-08-07", "close": 9.37, "volume": 11921515, "typical_volume": 17534333.65, "trend": 13.016066, "fair_value": 4.144624, "relative_strength": -8.240223, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.103061, "energy": 64.271506, "activity_lines": [ 9.631333, 11.090043, 13.329831, 13.530249 ] } ], "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." } } }