{ "ticker": { "uuid": "286d9dd6-43e4-4db7-91af-5ba22e913991", "symbol": "INNV", "name": "InnovAge Holding Corp", "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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 63.473, "architecture_energy": 56.115, "architecture_maturity": 57.48, "architecture_confidence": 79.162, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 11.17, "rotation_up": 60.48, "upward_expansion": 82.58, "deceleration": 68.02, "rotation_down": 20.21, "downward_expansion": 9.25 }, "activity_lines": [ 11.369333, 11.121455, 9.930905, 9.379183 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 11.18, "trend_reference": 8.639333, "distance_from_trend": 0.294081, "trend_direction": "Improving", "fair_value": 5.559808, "distance_from_fair_value": 1.010861, "fair_value_direction": "Improving", "relative_strength": 40.863786, "relative_strength_direction": "Improving", "price_momentum": 0.337321, "excess_performance": 0.149867, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.294081, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.251956, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.010861, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.590222, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.408638, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.267265, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.337321, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.973821, "read": "Supply-led" } ], "volume": { "latest": 1285392, "relative_activity": 0.837167, "balance": 0.973821, "dry_up": 0.898185, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.10502, "annualized_volatility": 0.532374, "from_high_reference": -0.115506, "from_low_reference": 2.52126 }, "levels": { "trend_reference": 8.639333, "fair_value_reference": 5.559808, "structural_low": 7.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.017241, "positive_rate": 0.647059, "directional_follow_through": 0.647059, "median_excess_return": 0.03538, "regime_survival": 0.764706, "best_return": 0.42906, "worst_return": -0.234336, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.080908, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.027067, "regime_survival": 0.5, "best_return": 0.54717, "worst_return": -0.17601, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.10344, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.029913, "regime_survival": 0.5, "best_return": 1.173585, "worst_return": -0.453488, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.318192, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.621056, "regime_survival": 0.0, "best_return": -0.186217, "worst_return": -0.450166, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-26", "end": "2024-02-23", "tenure": "Developing", "return": -0.158703, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-01", "end": "2024-06-14", "tenure": "Established", "return": 0.043121, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-21", "end": "2024-07-05", "tenure": "New", "return": 0.073684, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-12", "end": "2024-08-02", "tenure": "New", "return": 0.068421, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-09", "end": "2024-09-27", "tenure": "Developing", "return": -0.004983, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-04", "end": "2024-11-22", "tenure": "Developing", "return": -0.110909, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-29", "end": "2024-12-20", "tenure": "New", "return": -0.13963, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-05-23", "tenure": "Established", "return": 0.002551, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.090465, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.243961, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-19", "tenure": "Developing", "return": 0.398792, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2026-04-03", "tenure": "Extended", "return": 0.585417, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-06-19", "tenure": "Developing", "return": 0.093902, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.036145, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.53, "volume": 188636, "typical_volume": 161962.25, "trend": 6.955, "fair_value": 9.423682, "relative_strength": -28.137712, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.924104, "energy": 55.76358, "activity_lines": [ 6.284667, 6.641636, 6.802714, 6.843161 ] }, { "date": "2023-08-25", "close": 5.77, "volume": 135499, "typical_volume": 161326.15, "trend": 6.893, "fair_value": 9.395577, "relative_strength": -26.43888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.875454, "energy": 64.210535, "activity_lines": [ 6.002667, 6.440727, 6.700619, 6.76671 ] }, { "date": "2023-09-01", "close": 5.57, "volume": 93466, "typical_volume": 160795.45, "trend": 6.827333, "fair_value": 9.366374, "relative_strength": -31.676618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.492214, "energy": 73.279625, "activity_lines": [ 5.762, 6.229818, 6.588381, 6.681355 ] }, { "date": "2023-09-08", "close": 6.43, "volume": 200961, "typical_volume": 167522.65, "trend": 6.786, "fair_value": 9.344129, "relative_strength": -20.409283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.360645, "energy": 63.532588, "activity_lines": [ 5.92, 6.208364, 6.565524, 6.65572 ] }, { "date": "2023-09-15", "close": 7.59, "volume": 675855, "typical_volume": 193497.95, "trend": 6.783667, "fair_value": 9.33094, "relative_strength": -5.704207, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.90225, "energy": 11.16571, "activity_lines": [ 6.496667, 6.417273, 6.651762, 6.707591 ] }, { "date": "2023-09-22", "close": 6.74, "volume": 207873, "typical_volume": 199171.3, "trend": 6.758333, "fair_value": 9.311604, "relative_strength": -13.134415, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.262582, "energy": 16.49231, "activity_lines": [ 6.684, 6.455091, 6.65, 6.704774 ] }, { "date": "2023-09-29", "close": 5.99, "volume": 225072, "typical_volume": 206308.3, "trend": 6.702333, "fair_value": 9.287, "relative_strength": -22.504636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.178707, "energy": 22.375955, "activity_lines": [ 6.540667, 6.359091, 6.577286, 6.655204 ] }, { "date": "2023-10-06", "close": 5.56, "volume": 263214, "typical_volume": 214122.85, "trend": 6.686667, "fair_value": 9.259596, "relative_strength": -29.188321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.91728, "energy": 21.92011, "activity_lines": [ 6.239333, 6.210364, 6.46519, 6.581505 ] }, { "date": "2023-10-13", "close": 5.84, "volume": 131273, "typical_volume": 215950.8, "trend": 6.682667, "fair_value": 9.234635, "relative_strength": -25.59419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.768474, "energy": 42.373293, "activity_lines": [ 6.032, 6.143273, 6.385857, 6.526882 ] }, { "date": "2023-10-20", "close": 5.7, "volume": 151973, "typical_volume": 215363.95, "trend": 6.667, "fair_value": 9.209022, "relative_strength": -24.932071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.940812, "energy": 54.185747, "activity_lines": [ 5.817333, 6.070182, 6.294143, 6.463484 ] }, { "date": "2023-10-27", "close": 5.56, "volume": 190003, "typical_volume": 214158.7, "trend": 6.586333, "fair_value": 9.18277, "relative_strength": -24.411513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.639433, "energy": 55.144723, "activity_lines": [ 5.682, 5.977091, 6.197762, 6.392065 ] }, { "date": "2023-11-03", "close": 5.56, "volume": 109363, "typical_volume": 209951.7, "trend": 6.517, "fair_value": 9.156893, "relative_strength": -28.338193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.008664, "energy": 50.922219, "activity_lines": [ 5.625333, 5.883455, 6.110619, 6.325849 ] }, { "date": "2023-11-10", "close": 5.55, "volume": 97093, "typical_volume": 177514.5, "trend": 6.464, "fair_value": 9.131312, "relative_strength": -29.899708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.491241, "energy": 45.950527, "activity_lines": [ 5.594, 5.791818, 6.030429, 6.263462 ] }, { "date": "2023-11-17", "close": 5.72, "volume": 142261, "typical_volume": 177746.65, "trend": 6.45, "fair_value": 9.107289, "relative_strength": -28.457036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.381088, "energy": 33.612897, "activity_lines": [ 5.62, 5.731455, 5.97519, 6.215462 ] }, { "date": "2023-11-24", "close": 5.95, "volume": 54938, "typical_volume": 173474.7, "trend": 6.444667, "fair_value": 9.08521, "relative_strength": -25.628558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.991536, "energy": 23.943144, "activity_lines": [ 5.730667, 5.725818, 5.950333, 6.183204 ] }, { "date": "2023-12-01", "close": 5.9, "volume": 95715, "typical_volume": 173961.55, "trend": 6.413333, "fair_value": 9.06309, "relative_strength": -25.627048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.027581, "energy": 19.320101, "activity_lines": [ 5.808, 5.740909, 5.92419, 6.148065 ] }, { "date": "2023-12-08", "close": 5.56, "volume": 156562, "typical_volume": 177211.4, "trend": 6.388, "fair_value": 9.038931, "relative_strength": -29.519884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.056658, "energy": 20.385886, "activity_lines": [ 5.749333, 5.709455, 5.870333, 6.093011 ] }, { "date": "2023-12-15", "close": 5.69, "volume": 237125, "typical_volume": 182328.55, "trend": 6.349667, "fair_value": 9.015993, "relative_strength": -29.483857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.677781, "energy": 19.242978, "activity_lines": [ 5.734, 5.709455, 5.837571, 6.047978 ] }, { "date": "2023-12-22", "close": 5.32, "volume": 172276, "typical_volume": 182132.45, "trend": 6.325667, "fair_value": 8.99085, "relative_strength": -33.876457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.461255, "energy": 32.761542, "activity_lines": [ 5.586, 5.639818, 5.777, 5.981548 ] }, { "date": "2023-12-29", "close": 6.0, "volume": 184692, "typical_volume": 185692.5, "trend": 6.275, "fair_value": 8.970642, "relative_strength": -24.753604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.902662, "energy": 23.410118, "activity_lines": [ 5.691333, 5.703273, 5.788762, 5.960538 ] }, { "date": "2024-01-05", "close": 5.6, "volume": 108167, "typical_volume": 181669.05, "trend": 6.211667, "fair_value": 8.94802, "relative_strength": -26.536021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.756941, "energy": 23.718082, "activity_lines": [ 5.66, 5.688545, 5.762429, 5.916989 ] }, { "date": "2024-01-12", "close": 5.84, "volume": 85233, "typical_volume": 179155.75, "trend": 6.165667, "fair_value": 8.9273, "relative_strength": -24.818093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.630406, "energy": 16.58653, "activity_lines": [ 5.728667, 5.716727, 5.758619, 5.893011 ] }, { "date": "2024-01-19", "close": 5.8, "volume": 55061, "typical_volume": 177235.5, "trend": 6.112667, "fair_value": 8.906589, "relative_strength": -26.440893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.570455, "energy": 13.953883, "activity_lines": [ 5.765333, 5.732545, 5.750667, 5.869419 ] }, { "date": "2024-01-26", "close": 5.86, "volume": 141377, "typical_volume": 174256.3, "trend": 6.058, "fair_value": 8.886546, "relative_strength": -25.211146, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.031038, "energy": 8.076456, "activity_lines": [ 5.814667, 5.754727, 5.747333, 5.853118 ] }, { "date": "2024-02-02", "close": 5.64, "volume": 97593, "typical_volume": 145343.2, "trend": 6.023333, "fair_value": 8.865327, "relative_strength": -28.019174, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.096262, "energy": 9.287679, "activity_lines": [ 5.754667, 5.734364, 5.725762, 5.826151 ] }, { "date": "2024-02-09", "close": 5.67, "volume": 78822, "typical_volume": 138890.65, "trend": 5.983, "fair_value": 8.844578, "relative_strength": -27.997428, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.102573, "energy": 11.135435, "activity_lines": [ 5.728667, 5.725091, 5.716333, 5.803355 ] }, { "date": "2024-02-16", "close": 5.165, "volume": 131816, "typical_volume": 134227.85, "trend": 5.908833, "fair_value": 8.820839, "relative_strength": -32.441536, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.611447, "energy": 36.480089, "activity_lines": [ 5.529667, 5.628182, 5.663905, 5.750581 ] }, { "date": "2024-02-23", "close": 4.93, "volume": 136223, "typical_volume": 127878.3, "trend": 5.8315, "fair_value": 8.795897, "relative_strength": -35.411683, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.839055, "energy": 56.116666, "activity_lines": [ 5.297333, 5.495727, 5.593024, 5.68743 ] }, { "date": "2024-03-01", "close": 4.87, "volume": 144219, "typical_volume": 128525.6, "trend": 5.7635, "fair_value": 8.672756, "relative_strength": -36.423669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.845205, "energy": 65.078011, "activity_lines": [ 5.103, 5.366182, 5.519429, 5.625398 ] }, { "date": "2024-03-08", "close": 4.9, "volume": 99905, "typical_volume": 125922.2, "trend": 5.726833, "fair_value": 8.537628, "relative_strength": -34.34612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.058006, "energy": 69.089575, "activity_lines": [ 4.984667, 5.250273, 5.45331, 5.569688 ] }, { "date": "2024-03-15", "close": 4.29, "volume": 151440, "typical_volume": 123994.05, "trend": 5.6855, "fair_value": 8.399872, "relative_strength": -41.194116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.657933, "energy": 77.142513, "activity_lines": [ 4.712333, 5.043455, 5.332905, 5.476989 ] }, { "date": "2024-03-22", "close": 4.66, "volume": 90563, "typical_volume": 123054.05, "trend": 5.6485, "fair_value": 8.273654, "relative_strength": -37.303414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.634819, "energy": 67.788161, "activity_lines": [ 4.655333, 4.927727, 5.253786, 5.410828 ] }, { "date": "2024-03-29", "close": 4.44, "volume": 45542, "typical_volume": 120476.5, "trend": 5.610833, "fair_value": 8.145897, "relative_strength": -38.883491, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.361948, "energy": 65.511277, "activity_lines": [ 4.558667, 4.793455, 5.158, 5.33286 ] }, { "date": "2024-04-05", "close": 4.51, "volume": 80320, "typical_volume": 117379.45, "trend": 5.546833, "fair_value": 8.017179, "relative_strength": -36.378437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.798793, "energy": 57.755327, "activity_lines": [ 4.518, 4.696636, 5.074167, 5.261839 ] }, { "date": "2024-04-12", "close": 3.91, "volume": 202727, "typical_volume": 124768.9, "trend": 5.424167, "fair_value": 7.883333, "relative_strength": -43.647103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.317213, "energy": 58.464492, "activity_lines": [ 4.301333, 4.515273, 4.938952, 5.156237 ] }, { "date": "2024-04-19", "close": 3.95, "volume": 155697, "typical_volume": 127768.0, "trend": 5.331167, "fair_value": 7.746154, "relative_strength": -39.08807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.988782, "energy": 60.803378, "activity_lines": [ 4.164, 4.372636, 4.817262, 5.061129 ] }, { "date": "2024-04-26", "close": 3.91, "volume": 102309, "typical_volume": 125055.35, "trend": 5.261833, "fair_value": 7.608013, "relative_strength": -41.270273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.146043, "energy": 61.779046, "activity_lines": [ 4.036, 4.254, 4.701048, 4.969441 ] }, { "date": "2024-05-03", "close": 4.04, "volume": 219243, "typical_volume": 124161.25, "trend": 5.211167, "fair_value": 7.469487, "relative_strength": -39.027365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.122214, "energy": 57.842249, "activity_lines": [ 4.001333, 4.181818, 4.605071, 4.890613 ] }, { "date": "2024-05-10", "close": 4.08, "volume": 145998, "typical_volume": 122847.35, "trend": 5.1525, "fair_value": 7.355321, "relative_strength": -38.536627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.178874, "energy": 47.087267, "activity_lines": [ 4.006667, 4.133091, 4.520762, 4.817634 ] }, { "date": "2024-05-17", "close": 3.7, "volume": 183181, "typical_volume": 122771.8, "trend": 5.085833, "fair_value": 7.246667, "relative_strength": -44.587103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.079899, "energy": 49.554038, "activity_lines": [ 3.914, 4.029636, 4.406167, 4.723925 ] }, { "date": "2024-05-24", "close": 4.5, "volume": 228485, "typical_volume": 128787.7, "trend": 5.0505, "fair_value": 7.138333, "relative_strength": -32.850652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.506946, "energy": 31.406744, "activity_lines": [ 4.102, 4.093455, 4.378714, 4.686129 ] }, { "date": "2024-05-31", "close": 4.44, "volume": 110374, "typical_volume": 130044.75, "trend": 5.013167, "fair_value": 7.035897, "relative_strength": -31.649259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.841887, "energy": 23.675008, "activity_lines": [ 4.233333, 4.142545, 4.350786, 4.646742 ] }, { "date": "2024-06-07", "close": 4.8, "volume": 91729, "typical_volume": 131878.15, "trend": 4.988167, "fair_value": 6.930449, "relative_strength": -26.997911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.713204, "energy": 15.467208, "activity_lines": [ 4.449333, 4.261091, 4.36381, 4.632989 ] }, { "date": "2024-06-14", "close": 5.08, "volume": 166779, "typical_volume": 133148.25, "trend": 4.966833, "fair_value": 6.815, "relative_strength": -24.419543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.693051, "energy": 16.477203, "activity_lines": [ 4.708, 4.424, 4.408262, 4.638914 ] }, { "date": "2024-06-21", "close": 4.75, "volume": 240524, "typical_volume": 140294.8, "trend": 4.926833, "fair_value": 6.710449, "relative_strength": -28.434989, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.924962, "energy": 18.750672, "activity_lines": [ 4.79, 4.516545, 4.425, 4.624925 ] }, { "date": "2024-06-28", "close": 4.96, "volume": 653429, "typical_volume": 169025.15, "trend": 4.8955, "fair_value": 6.60391, "relative_strength": -24.161448, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.281628, "energy": 17.767979, "activity_lines": [ 4.872, 4.632, 4.465976, 4.627065 ] }, { "date": "2024-07-05", "close": 5.1, "volume": 186326, "typical_volume": 171750.65, "trend": 4.880167, "fair_value": 6.505192, "relative_strength": -23.832835, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.057934, "energy": 29.412772, "activity_lines": [ 4.97, 4.754545, 4.523667, 4.640258 ] }, { "date": "2024-07-12", "close": 5.7, "volume": 317599, "typical_volume": 180819.45, "trend": 4.8805, "fair_value": 6.428526, "relative_strength": -13.811752, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.511093, "energy": 45.83568, "activity_lines": [ 5.224, 4.964545, 4.63881, 4.693151 ] }, { "date": "2024-07-19", "close": 6.07, "volume": 316065, "typical_volume": 189411.75, "trend": 4.9055, "fair_value": 6.357564, "relative_strength": -3.458109, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.792779, "energy": 58.595171, "activity_lines": [ 5.541333, 5.211636, 4.785524, 4.769892 ] }, { "date": "2024-07-26", "close": 6.35, "volume": 303890, "typical_volume": 199611.0, "trend": 4.917167, "fair_value": 6.290192, "relative_strength": 4.479894, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.836603, "energy": 67.575724, "activity_lines": [ 5.886, 5.473455, 4.95319, 4.863086 ] }, { "date": "2024-08-02", "close": 6.09, "volume": 322209, "typical_volume": 208149.45, "trend": 4.9335, "fair_value": 6.218846, "relative_strength": 4.159995, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.711526, "energy": 75.270104, "activity_lines": [ 6.037333, 5.639818, 5.08919, 4.938753 ] }, { "date": "2024-08-09", "close": 6.02, "volume": 206184, "typical_volume": 213930.5, "trend": 4.9395, "fair_value": 6.154872, "relative_strength": 3.059422, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.030492, "energy": 70.511222, "activity_lines": [ 6.09, 5.764545, 5.209952, 5.008849 ] }, { "date": "2024-08-16", "close": 6.17, "volume": 250795, "typical_volume": 224193.15, "trend": 4.951833, "fair_value": 6.099038, "relative_strength": 0.534381, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.349775, "energy": 64.01724, "activity_lines": [ 6.131333, 5.887818, 5.338524, 5.088237 ] }, { "date": "2024-08-23", "close": 6.33, "volume": 204106, "typical_volume": 230382.45, "trend": 4.9675, "fair_value": 6.041859, "relative_strength": 2.496497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.187374, "energy": 55.586772, "activity_lines": [ 6.194667, 6.015273, 5.474095, 5.177151 ] }, { "date": "2024-08-30", "close": 6.36, "volume": 188782, "typical_volume": 229685.2, "trend": 4.9915, "fair_value": 5.984744, "relative_strength": 4.02192, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.060818, "energy": 50.558547, "activity_lines": [ 6.250667, 6.125455, 5.603857, 5.266989 ] }, { "date": "2024-09-06", "close": 6.21, "volume": 144621, "typical_volume": 229131.4, "trend": 5.0095, "fair_value": 5.928718, "relative_strength": 8.386027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.489545, "energy": 47.738359, "activity_lines": [ 6.256, 6.179091, 5.707667, 5.345602 ] }, { "date": "2024-09-13", "close": 5.99, "volume": 323687, "typical_volume": 240200.3, "trend": 5.037, "fair_value": 5.877372, "relative_strength": -0.110399, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.810859, "energy": 41.49124, "activity_lines": [ 6.18, 6.17, 5.779762, 5.40886 ] }, { "date": "2024-09-20", "close": 5.96, "volume": 404461, "typical_volume": 249461.2, "trend": 5.071333, "fair_value": 5.869423, "relative_strength": -1.081166, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.286957, "energy": 33.360781, "activity_lines": [ 6.096, 6.139273, 5.839095, 5.468409 ] }, { "date": "2024-09-27", "close": 5.99, "volume": 143557, "typical_volume": 249339.15, "trend": 5.108667, "fair_value": 5.864423, "relative_strength": -0.911583, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.853711, "energy": 27.017808, "activity_lines": [ 6.036, 6.109273, 5.892143, 5.527677 ] }, { "date": "2024-10-04", "close": 5.5, "volume": 154175, "typical_volume": 247888.85, "trend": 5.128667, "fair_value": 5.855641, "relative_strength": -8.548295, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.064762, "energy": 19.567044, "activity_lines": [ 5.835333, 5.991636, 5.889429, 5.552925 ] }, { "date": "2024-10-11", "close": 5.93, "volume": 111817, "typical_volume": 242055.45, "trend": 5.183333, "fair_value": 5.8525, "relative_strength": -1.982777, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.638136, "energy": 18.52521, "activity_lines": [ 5.835333, 5.967636, 5.919095, 5.604624 ] }, { "date": "2024-10-18", "close": 6.02, "volume": 146574, "typical_volume": 243865.45, "trend": 5.228667, "fair_value": 5.847949, "relative_strength": -0.090266, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.856003, "energy": 17.685352, "activity_lines": [ 5.884, 5.962909, 5.950524, 5.658602 ] }, { "date": "2024-10-25", "close": 5.67, "volume": 75875, "typical_volume": 243072.75, "trend": 5.269667, "fair_value": 5.841859, "relative_strength": -5.348753, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.709455, "energy": 12.864453, "activity_lines": [ 5.814, 5.894545, 5.941095, 5.687075 ] }, { "date": "2024-11-01", "close": 5.93, "volume": 107700, "typical_volume": 240118.8, "trend": 5.317, "fair_value": 5.835449, "relative_strength": 1.085465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.592282, "energy": 12.495754, "activity_lines": [ 5.85, 5.882545, 5.952286, 5.729677 ] }, { "date": "2024-11-08", "close": 6.0, "volume": 231338, "typical_volume": 239659.5, "trend": 5.386667, "fair_value": 5.817885, "relative_strength": -2.552383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.157714, "energy": 17.245006, "activity_lines": [ 5.913333, 5.890545, 5.966095, 5.773742 ] }, { "date": "2024-11-15", "close": 5.26, "volume": 184420, "typical_volume": 216209.05, "trend": 5.430333, "fair_value": 5.797692, "relative_strength": -10.929468, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.340448, "energy": 9.197071, "activity_lines": [ 5.696667, 5.770545, 5.903476, 5.76557 ] }, { "date": "2024-11-22", "close": 4.89, "volume": 204772, "typical_volume": 217131.35, "trend": 5.463, "fair_value": 5.780256, "relative_strength": -17.946414, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.842427, "energy": 35.951877, "activity_lines": [ 5.401333, 5.600545, 5.80419, 5.73071 ] }, { "date": "2024-11-29", "close": 4.87, "volume": 280583, "typical_volume": 215280.55, "trend": 5.490667, "fair_value": 5.758205, "relative_strength": -18.156484, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.542297, "energy": 49.303841, "activity_lines": [ 5.174667, 5.446909, 5.704, 5.692452 ] }, { "date": "2024-12-06", "close": 4.79, "volume": 252914, "typical_volume": 212123.0, "trend": 5.514333, "fair_value": 5.736282, "relative_strength": -21.39013, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.99925, "energy": 60.879558, "activity_lines": [ 4.974667, 5.298545, 5.600143, 5.647247 ] }, { "date": "2024-12-13", "close": 4.44, "volume": 225382, "typical_volume": 208197.6, "trend": 5.539, "fair_value": 5.712372, "relative_strength": -26.990998, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.240129, "energy": 68.533852, "activity_lines": [ 4.734, 5.108364, 5.469048, 5.577935 ] }, { "date": "2024-12-20", "close": 4.19, "volume": 976750, "typical_volume": 240924.65, "trend": 5.528667, "fair_value": 5.705192, "relative_strength": -28.927493, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.249643, "energy": 78.718567, "activity_lines": [ 4.514, 4.892, 5.323238, 5.490903 ] }, { "date": "2024-12-27", "close": 3.92, "volume": 189405, "typical_volume": 240085.7, "trend": 5.511333, "fair_value": 5.698269, "relative_strength": -33.293362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.521001, "energy": 80.784018, "activity_lines": [ 4.275333, 4.658182, 5.160762, 5.387118 ] }, { "date": "2025-01-03", "close": 3.98, "volume": 231178, "typical_volume": 239104.85, "trend": 5.484, "fair_value": 5.696538, "relative_strength": -30.982603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.42252, "energy": 80.444169, "activity_lines": [ 4.121333, 4.473455, 5.014, 5.288323 ] }, { "date": "2025-01-10", "close": 3.62, "volume": 191754, "typical_volume": 238487.25, "trend": 5.435333, "fair_value": 5.690256, "relative_strength": -35.005658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.200185, "energy": 83.588931, "activity_lines": [ 3.906667, 4.254, 4.843381, 5.168065 ] }, { "date": "2025-01-17", "close": 3.57, "volume": 226655, "typical_volume": 240380.9, "trend": 5.396, "fair_value": 5.684167, "relative_strength": -36.916458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.89903, "energy": 83.42399, "activity_lines": [ 3.753333, 4.067455, 4.680905, 5.04772 ] }, { "date": "2025-01-24", "close": 3.73, "volume": 185631, "typical_volume": 242431.4, "trend": 5.355, "fair_value": 5.676859, "relative_strength": -34.270911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.995056, "energy": 75.432686, "activity_lines": [ 3.711333, 3.954182, 4.546952, 4.940237 ] }, { "date": "2025-01-31", "close": 3.8, "volume": 437941, "typical_volume": 248144.1, "trend": 5.311667, "fair_value": 5.670128, "relative_strength": -31.363498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.886132, "energy": 61.537062, "activity_lines": [ 3.723333, 3.881455, 4.431476, 4.839914 ] }, { "date": "2025-02-07", "close": 3.29, "volume": 335786, "typical_volume": 244710.35, "trend": 5.231333, "fair_value": 5.659071, "relative_strength": -39.910045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.719918, "energy": 61.830163, "activity_lines": [ 3.573333, 3.735818, 4.277857, 4.709484 ] }, { "date": "2025-02-14", "close": 3.39, "volume": 259126, "typical_volume": 250488.8, "trend": 5.142, "fair_value": 5.651891, "relative_strength": -39.191728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.528811, "energy": 60.037388, "activity_lines": [ 3.502667, 3.637091, 4.146476, 4.590688 ] }, { "date": "2025-02-21", "close": 3.32, "volume": 327791, "typical_volume": 259169.6, "trend": 5.041, "fair_value": 5.642596, "relative_strength": -38.505305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.019742, "energy": 64.554094, "activity_lines": [ 3.424, 3.551091, 4.02081, 4.47314 ] }, { "date": "2025-02-28", "close": 3.25, "volume": 230436, "typical_volume": 265100.55, "trend": 4.946333, "fair_value": 5.632212, "relative_strength": -37.138608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.924178, "energy": 72.275922, "activity_lines": [ 3.338667, 3.472727, 3.898857, 4.357591 ] }, { "date": "2025-03-07", "close": 3.49, "volume": 256805, "typical_volume": 270612.1, "trend": 4.862, "fair_value": 5.622724, "relative_strength": -29.699288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.109016, "energy": 56.954166, "activity_lines": [ 3.365333, 3.455091, 3.812524, 4.263634 ] }, { "date": "2025-03-14", "close": 3.22, "volume": 269941, "typical_volume": 280315.4, "trend": 4.763667, "fair_value": 5.60625, "relative_strength": -33.085726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.435101, "energy": 57.937936, "activity_lines": [ 3.322667, 3.396182, 3.712524, 4.157699 ] }, { "date": "2025-03-21", "close": 3.16, "volume": 507262, "typical_volume": 300293.5, "trend": 4.658, "fair_value": 5.588686, "relative_strength": -33.998306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.122843, "energy": 58.809023, "activity_lines": [ 3.264667, 3.340182, 3.618476, 4.054237 ] }, { "date": "2025-03-28", "close": 3.0, "volume": 393076, "typical_volume": 308380.4, "trend": 4.546, "fair_value": 5.568237, "relative_strength": -35.387206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.739742, "energy": 62.124899, "activity_lines": [ 3.168667, 3.263455, 3.522381, 3.947269 ] }, { "date": "2025-04-04", "close": 2.83, "volume": 199201, "typical_volume": 309119.45, "trend": 4.433333, "fair_value": 5.548686, "relative_strength": -31.899268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.609033, "energy": 76.766257, "activity_lines": [ 3.037333, 3.166182, 3.424381, 3.836559 ] }, { "date": "2025-04-11", "close": 2.82, "volume": 289043, "typical_volume": 313333.0, "trend": 4.327667, "fair_value": 5.524776, "relative_strength": -36.534647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.530682, "energy": 73.02673, "activity_lines": [ 2.930667, 3.083455, 3.337, 3.732473 ] }, { "date": "2025-04-18", "close": 2.75, "volume": 136953, "typical_volume": 306151.5, "trend": 4.220667, "fair_value": 5.510417, "relative_strength": -36.249386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.059803, "energy": 69.759912, "activity_lines": [ 2.845333, 3.005818, 3.25281, 3.630688 ] }, { "date": "2025-04-25", "close": 3.07, "volume": 183460, "typical_volume": 302678.8, "trend": 4.123333, "fair_value": 5.500673, "relative_strength": -32.76714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.482234, "energy": 53.98779, "activity_lines": [ 2.898, 2.996182, 3.20919, 3.556452 ] }, { "date": "2025-05-02", "close": 3.15, "volume": 172839, "typical_volume": 300051.65, "trend": 4.045, "fair_value": 5.484263, "relative_strength": -32.925476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.31815, "energy": 43.68759, "activity_lines": [ 2.983333, 3.006909, 3.181381, 3.493656 ] }, { "date": "2025-05-09", "close": 3.64, "volume": 226184, "typical_volume": 262523.35, "trend": 3.968667, "fair_value": 5.474712, "relative_strength": -22.070197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.549171, "energy": 18.361661, "activity_lines": [ 3.222, 3.109818, 3.206381, 3.467527 ] }, { "date": "2025-05-16", "close": 4.19, "volume": 195873, "typical_volume": 262846.75, "trend": 3.907667, "fair_value": 5.473045, "relative_strength": -16.029619, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.881196, "energy": 23.781673, "activity_lines": [ 3.59, 3.305636, 3.286381, 3.481806 ] }, { "date": "2025-05-23", "close": 3.93, "volume": 118025, "typical_volume": 257189.1, "trend": 3.849667, "fair_value": 5.466186, "relative_strength": -18.989378, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.448265, "energy": 26.928758, "activity_lines": [ 3.78, 3.441455, 3.340333, 3.483247 ] }, { "date": "2025-05-30", "close": 4.09, "volume": 148973, "typical_volume": 255050.05, "trend": 3.788333, "fair_value": 5.458558, "relative_strength": -16.953551, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.802537, "energy": 39.62961, "activity_lines": [ 3.944667, 3.593455, 3.409762, 3.498753 ] }, { "date": "2025-06-06", "close": 4.02, "volume": 161242, "typical_volume": 251779.4, "trend": 3.722333, "fair_value": 5.449968, "relative_strength": -19.576187, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.355017, "energy": 47.481538, "activity_lines": [ 4.018, 3.715818, 3.470286, 3.513699 ] }, { "date": "2025-06-13", "close": 3.54, "volume": 127508, "typical_volume": 248873.25, "trend": 3.665, "fair_value": 5.441571, "relative_strength": -28.203348, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.78036, "energy": 31.830848, "activity_lines": [ 3.873333, 3.732364, 3.482952, 3.501935 ] }, { "date": "2025-06-20", "close": 3.89, "volume": 166224, "typical_volume": 235287.4, "trend": 3.631667, "fair_value": 5.436891, "relative_strength": -20.666544, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.162442, "energy": 26.207462, "activity_lines": [ 3.852, 3.799636, 3.529857, 3.516452 ] }, { "date": "2025-06-27", "close": 3.92, "volume": 229344, "typical_volume": 229965.3, "trend": 3.6, "fair_value": 5.433494, "relative_strength": -22.721412, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.27081, "energy": 21.929972, "activity_lines": [ 3.860667, 3.852909, 3.57919, 3.535054 ] }, { "date": "2025-07-04", "close": 4.46, "volume": 134187, "typical_volume": 223718.35, "trend": 3.589, "fair_value": 5.433045, "relative_strength": -12.941737, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.941477, "energy": 40.891272, "activity_lines": [ 4.05, 3.983091, 3.676952, 3.590538 ] }, { "date": "2025-07-11", "close": 4.14, "volume": 419393, "typical_volume": 228298.45, "trend": 3.579, "fair_value": 5.429519, "relative_strength": -18.190901, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.270477, "energy": 47.70419, "activity_lines": [ 4.108, 4.029818, 3.739143, 3.626086 ] }, { "date": "2025-07-18", "close": 3.93, "volume": 209794, "typical_volume": 227266.35, "trend": 3.570333, "fair_value": 5.425994, "relative_strength": -22.36235, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.927297, "energy": 43.297944, "activity_lines": [ 4.088, 4.020364, 3.777429, 3.648731 ] }, { "date": "2025-07-25", "close": 3.84, "volume": 140323, "typical_volume": 221442.25, "trend": 3.567667, "fair_value": 5.422083, "relative_strength": -23.683659, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.726106, "energy": 34.390585, "activity_lines": [ 4.012, 3.989273, 3.803905, 3.666129 ] }, { "date": "2025-08-01", "close": 3.13, "volume": 165169, "typical_volume": 216203.65, "trend": 3.539333, "fair_value": 5.414135, "relative_strength": -35.271182, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.356065, "energy": 11.863868, "activity_lines": [ 3.702667, 3.835455, 3.761095, 3.637892 ] }, { "date": "2025-08-08", "close": 3.31, "volume": 102204, "typical_volume": 195950.75, "trend": 3.529, "fair_value": 5.406955, "relative_strength": -32.875938, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.781793, "energy": 21.857326, "activity_lines": [ 3.506, 3.728909, 3.735857, 3.623097 ] }, { "date": "2025-08-15", "close": 3.43, "volume": 114493, "typical_volume": 182021.6, "trend": 3.524333, "fair_value": 5.403237, "relative_strength": -29.656337, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.730421, "energy": 24.200915, "activity_lines": [ 3.426, 3.658364, 3.721333, 3.61671 ] }, { "date": "2025-08-22", "close": 3.74, "volume": 83492, "typical_volume": 176236.15, "trend": 3.524667, "fair_value": 5.40234, "relative_strength": -21.375159, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.998919, "energy": 20.933161, "activity_lines": [ 3.496667, 3.654909, 3.734286, 3.630624 ] }, { "date": "2025-08-29", "close": 3.83, "volume": 70959, "typical_volume": 165331.95, "trend": 3.525667, "fair_value": 5.403365, "relative_strength": -17.988302, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.622214, "energy": 12.443014, "activity_lines": [ 3.61, 3.664182, 3.751476, 3.650323 ] }, { "date": "2025-09-05", "close": 3.79, "volume": 71775, "typical_volume": 162073.05, "trend": 3.542333, "fair_value": 5.403365, "relative_strength": -18.232814, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.372432, "energy": 15.343711, "activity_lines": [ 3.710667, 3.667273, 3.760048, 3.667376 ] }, { "date": "2025-09-12", "close": 4.55, "volume": 317170, "typical_volume": 168758.55, "trend": 3.581, "fair_value": 5.397083, "relative_strength": -2.463886, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.824255, "energy": 38.329039, "activity_lines": [ 4.020667, 3.810909, 3.836048, 3.732387 ] }, { "date": "2025-09-19", "close": 4.63, "volume": 379193, "typical_volume": 179076.25, "trend": 3.624667, "fair_value": 5.388301, "relative_strength": -1.73397, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.620649, "energy": 61.143635, "activity_lines": [ 4.274667, 3.967455, 3.912619, 3.800065 ] }, { "date": "2025-09-26", "close": 4.8, "volume": 141333, "typical_volume": 174833.7, "trend": 3.676333, "fair_value": 5.381378, "relative_strength": 3.425023, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.056024, "energy": 72.537174, "activity_lines": [ 4.505333, 4.146, 3.998333, 3.875892 ] }, { "date": "2025-10-03", "close": 5.01, "volume": 208717, "typical_volume": 175475.9, "trend": 3.727, "fair_value": 5.383365, "relative_strength": 7.466387, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.853472, "energy": 79.860174, "activity_lines": [ 4.735333, 4.346909, 4.098524, 3.961935 ] }, { "date": "2025-10-10", "close": 5.11, "volume": 380858, "typical_volume": 188617.55, "trend": 3.79, "fair_value": 5.385929, "relative_strength": 13.116327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.233775, "energy": 77.859275, "activity_lines": [ 4.92, 4.544727, 4.204333, 4.051161 ] }, { "date": "2025-10-17", "close": 5.335, "volume": 429252, "typical_volume": 202631.5, "trend": 3.8625, "fair_value": 5.385192, "relative_strength": 16.268946, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.753545, "energy": 76.572273, "activity_lines": [ 5.091667, 4.747455, 4.325952, 4.150839 ] }, { "date": "2025-10-24", "close": 5.27, "volume": 332105, "typical_volume": 211174.65, "trend": 3.938167, "fair_value": 5.379744, "relative_strength": 13.25206, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.401526, "energy": 68.281332, "activity_lines": [ 5.189333, 4.901545, 4.435452, 4.241645 ] }, { "date": "2025-10-31", "close": 4.49, "volume": 341829, "typical_volume": 221890.7, "trend": 3.9935, "fair_value": 5.365385, "relative_strength": -4.100484, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.416122, "energy": 44.33555, "activity_lines": [ 4.984333, 4.880364, 4.464714, 4.277247 ] }, { "date": "2025-11-07", "close": 5.29, "volume": 1149816, "typical_volume": 271070.3, "trend": 4.075833, "fair_value": 5.355577, "relative_strength": 17.496063, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.841292, "energy": 43.033395, "activity_lines": [ 5.066667, 4.991, 4.565643, 4.360892 ] }, { "date": "2025-11-14", "close": 4.84, "volume": 1917388, "typical_volume": 355472.5, "trend": 4.1455, "fair_value": 5.339679, "relative_strength": 8.418843, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.113406, "energy": 27.832848, "activity_lines": [ 4.980333, 4.993273, 4.617048, 4.410194 ] }, { "date": "2025-11-21", "close": 5.25, "volume": 962584, "typical_volume": 396892.35, "trend": 4.218167, "fair_value": 5.329167, "relative_strength": 21.610291, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.707543, "energy": 27.621645, "activity_lines": [ 5.048667, 5.051, 4.703119, 4.481452 ] }, { "date": "2025-11-28", "close": 5.28, "volume": 644256, "typical_volume": 408135.5, "trend": 4.289167, "fair_value": 5.315897, "relative_strength": 16.873279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.762147, "energy": 34.527648, "activity_lines": [ 5.132667, 5.101455, 4.788286, 4.549957 ] }, { "date": "2025-12-05", "close": 5.03, "volume": 1045119, "typical_volume": 449901.75, "trend": 4.3355, "fair_value": 5.301346, "relative_strength": 10.552489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.010663, "energy": 28.582999, "activity_lines": [ 5.132667, 5.094636, 4.844214, 4.597753 ] }, { "date": "2025-12-12", "close": 5.4, "volume": 855657, "typical_volume": 485668.45, "trend": 4.375833, "fair_value": 5.2925, "relative_strength": 20.854974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.398142, "energy": 33.748356, "activity_lines": [ 5.22, 5.150909, 4.930143, 4.66643 ] }, { "date": "2025-12-19", "close": 6.0, "volume": 1193467, "typical_volume": 537083.35, "trend": 4.444833, "fair_value": 5.287051, "relative_strength": 32.974225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.148328, "energy": 48.575783, "activity_lines": [ 5.5, 5.309182, 5.065786, 4.771215 ] }, { "date": "2025-12-26", "close": 5.54, "volume": 339064, "typical_volume": 548926.35, "trend": 4.493167, "fair_value": 5.276538, "relative_strength": 20.852379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.751501, "energy": 41.79389, "activity_lines": [ 5.549333, 5.367636, 5.143952, 4.841871 ] }, { "date": "2026-01-02", "close": 5.19, "volume": 435486, "typical_volume": 564976.0, "trend": 4.532167, "fair_value": 5.262692, "relative_strength": 14.979879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.917482, "energy": 36.416776, "activity_lines": [ 5.462667, 5.358727, 5.178167, 4.886828 ] }, { "date": "2026-01-09", "close": 5.3, "volume": 452682, "typical_volume": 583435.5, "trend": 4.590833, "fair_value": 5.248205, "relative_strength": 14.497507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.248964, "energy": 30.94887, "activity_lines": [ 5.418667, 5.371273, 5.214476, 4.936366 ] }, { "date": "2026-01-16", "close": 5.85, "volume": 555993, "typical_volume": 607687.2, "trend": 4.656167, "fair_value": 5.237949, "relative_strength": 26.638514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.068997, "energy": 32.580404, "activity_lines": [ 5.54, 5.469091, 5.295738, 5.017602 ] }, { "date": "2026-01-23", "close": 5.83, "volume": 413306, "typical_volume": 624763.75, "trend": 4.719833, "fair_value": 5.22641, "relative_strength": 25.17021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.014978, "energy": 32.833377, "activity_lines": [ 5.624667, 5.553091, 5.365476, 5.093333 ] }, { "date": "2026-01-30", "close": 5.55, "volume": 490633, "typical_volume": 633436.9, "trend": 4.756167, "fair_value": 5.213654, "relative_strength": 18.828803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.656238, "energy": 31.179257, "activity_lines": [ 5.627333, 5.568182, 5.398833, 5.146892 ] }, { "date": "2026-02-06", "close": 8.36, "volume": 3482684, "typical_volume": 788611.45, "trend": 4.896833, "fair_value": 5.218077, "relative_strength": 79.189868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.271189, "energy": 79.935029, "activity_lines": [ 6.566, 6.088727, 5.695048, 5.379398 ] }, { "date": "2026-02-13", "close": 8.36, "volume": 2093149, "typical_volume": 886202.25, "trend": 5.0445, "fair_value": 5.222564, "relative_strength": 78.108301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.84172, "energy": 90.020385, "activity_lines": [ 7.293333, 6.553273, 5.9735, 5.602828 ] }, { "date": "2026-02-20", "close": 8.16, "volume": 1003311, "typical_volume": 925931.95, "trend": 5.1885, "fair_value": 5.226795, "relative_strength": 68.938232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.15796, "energy": 90.263265, "activity_lines": [ 7.75, 6.920909, 6.215952, 5.803828 ] }, { "date": "2026-02-27", "close": 8.96, "volume": 1941440, "typical_volume": 1003961.05, "trend": 5.382833, "fair_value": 5.235064, "relative_strength": 82.286077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.855097, "energy": 93.222906, "activity_lines": [ 8.319333, 7.383818, 6.519595, 6.047151 ] }, { "date": "2026-03-06", "close": 8.98, "volume": 2566381, "typical_volume": 1110817.5, "trend": 5.571833, "fair_value": 5.253974, "relative_strength": 81.606547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.218799, "energy": 88.766084, "activity_lines": [ 8.686667, 7.796545, 6.80681, 6.279226 ] }, { "date": "2026-03-13", "close": 8.39, "volume": 1250148, "typical_volume": 1156719.65, "trend": 5.737167, "fair_value": 5.269551, "relative_strength": 68.495754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.666141, "energy": 68.79922, "activity_lines": [ 8.628667, 8.039455, 7.020476, 6.461043 ] }, { "date": "2026-03-20", "close": 7.75, "volume": 2061146, "typical_volume": 1242685.5, "trend": 5.870833, "fair_value": 5.279679, "relative_strength": 56.354877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.308781, "energy": 55.304055, "activity_lines": [ 8.355333, 8.107818, 7.158333, 6.590903 ] }, { "date": "2026-03-27", "close": 7.91, "volume": 1495531, "typical_volume": 1259971.25, "trend": 6.006833, "fair_value": 5.279231, "relative_strength": 62.112502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.636076, "energy": 45.456234, "activity_lines": [ 8.176, 8.160727, 7.295905, 6.722462 ] }, { "date": "2026-04-03", "close": 7.61, "volume": 1091006, "typical_volume": 1218652.15, "trend": 6.134167, "fair_value": 5.279038, "relative_strength": 47.931641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.862296, "energy": 29.891892, "activity_lines": [ 7.913333, 8.121636, 7.392429, 6.825892 ] }, { "date": "2026-04-10", "close": 8.2, "volume": 1467764, "typical_volume": 1243911.15, "trend": 6.255833, "fair_value": 5.285833, "relative_strength": 50.235023, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.921135, "energy": 26.642311, "activity_lines": [ 7.937333, 8.157455, 7.531952, 6.959172 ] }, { "date": "2026-04-17", "close": 8.24, "volume": 1208507, "typical_volume": 1272123.7, "trend": 6.376167, "fair_value": 5.299295, "relative_strength": 40.2221, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.138248, "energy": 27.996604, "activity_lines": [ 8.026667, 8.152364, 7.661238, 7.087183 ] }, { "date": "2026-04-24", "close": 7.95, "volume": 1012182, "typical_volume": 1270476.85, "trend": 6.481167, "fair_value": 5.31109, "relative_strength": 30.852788, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.906077, "energy": 25.339092, "activity_lines": [ 8.029333, 8.096727, 7.74881, 7.18872 ] }, { "date": "2026-05-01", "close": 8.32, "volume": 821638, "typical_volume": 1268775.9, "trend": 6.5915, "fair_value": 5.320577, "relative_strength": 33.212392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.904979, "energy": 33.009572, "activity_lines": [ 8.142, 8.115818, 7.857714, 7.307355 ] }, { "date": "2026-05-08", "close": 7.57, "volume": 1634720, "typical_volume": 1290838.55, "trend": 6.6735, "fair_value": 5.32859, "relative_strength": 14.137248, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.078743, "energy": 23.555026, "activity_lines": [ 7.977333, 7.995636, 7.881286, 7.370484 ] }, { "date": "2026-05-15", "close": 7.12, "volume": 1749928, "typical_volume": 1361381.75, "trend": 6.733, "fair_value": 5.330385, "relative_strength": 7.262812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.301328, "energy": 10.897777, "activity_lines": [ 7.665333, 7.818909, 7.854524, 7.39929 ] }, { "date": "2026-05-22", "close": 7.2, "volume": 1277589, "typical_volume": 1403486.9, "trend": 6.797333, "fair_value": 5.337821, "relative_strength": 6.665142, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.580257, "energy": 11.958248, "activity_lines": [ 7.452, 7.690545, 7.827857, 7.429419 ] }, { "date": "2026-05-29", "close": 7.59, "volume": 861876, "typical_volume": 1423946.6, "trend": 6.900667, "fair_value": 5.338269, "relative_strength": 8.752226, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.32428, "energy": 16.1309, "activity_lines": [ 7.438, 7.654727, 7.828762, 7.480559 ] }, { "date": "2026-06-05", "close": 7.3, "volume": 1752123, "typical_volume": 1483753.1, "trend": 6.967667, "fair_value": 5.336987, "relative_strength": 8.922626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.790435, "energy": 16.294867, "activity_lines": [ 7.351333, 7.569091, 7.791143, 7.506323 ] }, { "date": "2026-06-12", "close": 9.11, "volume": 2004414, "typical_volume": 1563308.5, "trend": 7.11, "fair_value": 5.349103, "relative_strength": 31.297989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.815546, "energy": 26.528826, "activity_lines": [ 7.936, 7.823636, 7.919, 7.644538 ] }, { "date": "2026-06-19", "close": 8.97, "volume": 2042368, "typical_volume": 1640895.25, "trend": 7.234, "fair_value": 5.359231, "relative_strength": 24.742517, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.832388, "energy": 55.283112, "activity_lines": [ 8.371333, 8.025455, 8.017905, 7.764538 ] }, { "date": "2026-06-26", "close": 10.79, "volume": 2720932, "typical_volume": 1602807.65, "trend": 7.417667, "fair_value": 5.380321, "relative_strength": 54.645284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.61413, "energy": 82.401376, "activity_lines": [ 9.29, 8.544182, 8.273857, 7.993957 ] }, { "date": "2026-07-03", "close": 11.99, "volume": 2618058, "typical_volume": 1629053.1, "trend": 7.649667, "fair_value": 5.414359, "relative_strength": 67.514489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.313403, "energy": 93.431094, "activity_lines": [ 10.369333, 9.234727, 8.632524, 8.288946 ] }, { "date": "2026-07-10", "close": 11.52, "volume": 1433171, "typical_volume": 1650546.1, "trend": 7.853667, "fair_value": 5.444103, "relative_strength": 55.587559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.162039, "energy": 91.518616, "activity_lines": [ 10.998667, 9.766364, 8.929143, 8.538645 ] }, { "date": "2026-07-17", "close": 11.5, "volume": 1667416, "typical_volume": 1636844.9, "trend": 8.037, "fair_value": 5.470449, "relative_strength": 59.205521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.725489, "energy": 89.581899, "activity_lines": [ 11.34, 10.236182, 9.207857, 8.773892 ] }, { "date": "2026-07-24", "close": 11.56, "volume": 1359779, "typical_volume": 1576514.8, "trend": 8.237667, "fair_value": 5.498077, "relative_strength": 59.650385, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.375944, "energy": 87.045013, "activity_lines": [ 11.542, 10.645455, 9.48019, 9.001183 ] }, { "date": "2026-07-31", "close": 11.36, "volume": 1203731, "typical_volume": 1574193.95, "trend": 8.443333, "fair_value": 5.526603, "relative_strength": 53.016597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.405098, "energy": 62.274505, "activity_lines": [ 11.504667, 10.937636, 9.72119, 9.202624 ] }, { "date": "2026-08-07", "close": 11.18, "volume": 1285392, "typical_volume": 1535406.25, "trend": 8.639333, "fair_value": 5.559808, "relative_strength": 40.863786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.472818, "energy": 56.115398, "activity_lines": [ 11.369333, 11.121455, 9.930905, 9.379183 ] } ], "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." } } }