{ "ticker": { "uuid": "2ad7fe8f-2366-47ad-b722-983e6efc45a3", "symbol": "RDY", "name": "ReadyTech Holdings Limited", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 39.608, "architecture_energy": 49.95, "architecture_maturity": 15.751, "architecture_confidence": 48.324, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 18.33, "rotation_up": 64.15, "upward_expansion": 59.28, "deceleration": 26.44, "rotation_down": 20.92, "downward_expansion": 17.62 }, "activity_lines": [ 1.664333, 1.631727, 1.540571, 1.501978 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 1.685, "trend_reference": 1.572, "distance_from_trend": 0.071883, "trend_direction": "Weakening", "fair_value": 2.676891, "distance_from_fair_value": -0.370538, "fair_value_direction": "Improving", "relative_strength": -14.976579, "relative_strength_direction": "Improving", "price_momentum": -0.153266, "excess_performance": -0.216972, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071883, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.138158, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.370538, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.150983, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.149766, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.204193, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.153266, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.468134, "read": "Demand-led" } ], "volume": { "latest": 517764, "relative_activity": 1.391683, "balance": 1.468134, "dry_up": 0.809452, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.072016, "annualized_volatility": 0.647998, "from_high_reference": -0.398214, "from_low_reference": 0.531818 }, "levels": { "trend_reference": 1.572, "fair_value_reference": 2.676891, "structural_low": 1.1, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.014063, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.017207, "regime_survival": 0.5, "best_return": 0.053125, "worst_return": -0.18107, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.2625, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.18442, "regime_survival": 0.0, "best_return": 0.115625, "worst_return": -0.45279, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.23125, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.265732, "regime_survival": 0.0, "best_return": 0.05, "worst_return": -0.377682, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.098438, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.168942, "regime_survival": 0.5, "best_return": 0.04375, "worst_return": -0.240625, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-05", "end": "2024-12-13", "tenure": "Extended", "return": -0.079511, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": -0.003125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": -0.146707, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.042857, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.011494, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-07-11", "tenure": "Established", "return": 0.046809, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-09-26", "tenure": "Developing", "return": -0.109756, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-03", "end": "2025-12-05", "tenure": "Developing", "return": 0.164384, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": 0.042918, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": -0.015564, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": -0.145729, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-07-03", "tenure": "Established", "return": 0.309524, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.053125, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.14, "volume": 34642, "typical_volume": 201929.65, "trend": 3.173, "fair_value": 2.874199, "relative_strength": -3.933629, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.633414, "energy": 5.193348, "activity_lines": [ 3.199333, 3.228, 3.169952, 3.149161 ] }, { "date": "2023-08-25", "close": 3.33, "volume": 1733332, "typical_volume": 283691.4, "trend": 3.164, "fair_value": 2.884006, "relative_strength": 2.244577, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.960734, "energy": 11.806851, "activity_lines": [ 3.239333, 3.247455, 3.190286, 3.15929 ] }, { "date": "2023-09-01", "close": 3.65, "volume": 259029, "typical_volume": 280338.3, "trend": 3.167333, "fair_value": 2.895224, "relative_strength": 9.139155, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.70519, "energy": 60.405126, "activity_lines": [ 3.377333, 3.320727, 3.239381, 3.190645 ] }, { "date": "2023-09-08", "close": 3.64, "volume": 503086, "typical_volume": 295596.75, "trend": 3.174667, "fair_value": 2.906474, "relative_strength": 10.363515, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.90435, "energy": 72.450475, "activity_lines": [ 3.485333, 3.382364, 3.284333, 3.22114 ] }, { "date": "2023-09-15", "close": 3.72, "volume": 241788, "typical_volume": 294171.1, "trend": 3.183667, "fair_value": 2.918782, "relative_strength": 10.521694, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.100234, "energy": 81.892237, "activity_lines": [ 3.594, 3.452364, 3.333762, 3.256323 ] }, { "date": "2023-09-22", "close": 3.7, "volume": 115150, "typical_volume": 289320.2, "trend": 3.197, "fair_value": 2.930833, "relative_strength": 12.774469, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.064542, "energy": 81.681093, "activity_lines": [ 3.662, 3.511273, 3.378286, 3.289634 ] }, { "date": "2023-09-29", "close": 3.7, "volume": 272030, "typical_volume": 296807.6, "trend": 3.213333, "fair_value": 2.942468, "relative_strength": 12.709241, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.114048, "energy": 80.285254, "activity_lines": [ 3.692667, 3.564182, 3.420095, 3.322086 ] }, { "date": "2023-10-06", "close": 3.61, "volume": 104924, "typical_volume": 287393.6, "trend": 3.229667, "fair_value": 2.952468, "relative_strength": 11.080186, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.588851, "energy": 68.676716, "activity_lines": [ 3.668667, 3.591636, 3.450095, 3.347677 ] }, { "date": "2023-10-13", "close": 3.58, "volume": 292558, "typical_volume": 281786.2, "trend": 3.25, "fair_value": 2.962404, "relative_strength": 8.307402, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.592068, "energy": 48.023833, "activity_lines": [ 3.637333, 3.607091, 3.473619, 3.37028 ] }, { "date": "2023-10-20", "close": 3.57, "volume": 149336, "typical_volume": 277772.25, "trend": 3.264, "fair_value": 2.972404, "relative_strength": 10.131139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.356939, "energy": 37.188326, "activity_lines": [ 3.606667, 3.614727, 3.492857, 3.390925 ] }, { "date": "2023-10-27", "close": 3.59, "volume": 575803, "typical_volume": 299972.5, "trend": 3.280667, "fair_value": 2.982083, "relative_strength": 11.703845, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.260444, "energy": 30.989449, "activity_lines": [ 3.592667, 3.619455, 3.511952, 3.411957 ] }, { "date": "2023-11-03", "close": 3.51, "volume": 244543, "typical_volume": 304360.85, "trend": 3.298667, "fair_value": 2.991763, "relative_strength": 7.172565, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.025479, "energy": 23.487227, "activity_lines": [ 3.559333, 3.601455, 3.520905, 3.426753 ] }, { "date": "2023-11-10", "close": 3.5, "volume": 198120, "typical_volume": 299046.0, "trend": 3.316, "fair_value": 3.002308, "relative_strength": 7.119506, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.272947, "energy": 18.335379, "activity_lines": [ 3.535333, 3.578364, 3.526905, 3.439742 ] }, { "date": "2023-11-17", "close": 3.6, "volume": 263942, "typical_volume": 282814.95, "trend": 3.336667, "fair_value": 3.013429, "relative_strength": 9.195957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.306357, "energy": 19.200384, "activity_lines": [ 3.552, 3.576182, 3.540571, 3.458065 ] }, { "date": "2023-11-24", "close": 3.5, "volume": 67227, "typical_volume": 283354.95, "trend": 3.350333, "fair_value": 3.022788, "relative_strength": 6.468073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.325455, "energy": 16.334461, "activity_lines": [ 3.534, 3.556545, 3.543286, 3.468602 ] }, { "date": "2023-12-01", "close": 3.5, "volume": 155133, "typical_volume": 288036.2, "trend": 3.362667, "fair_value": 3.031442, "relative_strength": 6.19425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.758565, "energy": 11.498453, "activity_lines": [ 3.520667, 3.540909, 3.545095, 3.478258 ] }, { "date": "2023-12-08", "close": 3.5, "volume": 1097549, "typical_volume": 337873.5, "trend": 3.378667, "fair_value": 3.040801, "relative_strength": 4.662149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.704701, "energy": 10.187204, "activity_lines": [ 3.513333, 3.528909, 3.546286, 3.487118 ] }, { "date": "2023-12-15", "close": 3.47, "volume": 307535, "typical_volume": 342862.45, "trend": 3.399333, "fair_value": 3.049904, "relative_strength": 0.699037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.733534, "energy": 10.224221, "activity_lines": [ 3.496667, 3.515091, 3.54319, 3.493011 ] }, { "date": "2023-12-22", "close": 3.48, "volume": 144370, "typical_volume": 343759.8, "trend": 3.419333, "fair_value": 3.059199, "relative_strength": 0.256492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.902893, "energy": 10.191526, "activity_lines": [ 3.485333, 3.505636, 3.54, 3.498215 ] }, { "date": "2023-12-29", "close": 3.51, "volume": 62662, "typical_volume": 341137.95, "trend": 3.431667, "fair_value": 3.068301, "relative_strength": 0.018304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.788767, "energy": 8.701751, "activity_lines": [ 3.492, 3.503455, 3.538571, 3.504065 ] }, { "date": "2024-01-05", "close": 3.35, "volume": 78498, "typical_volume": 343330.75, "trend": 3.441333, "fair_value": 3.076955, "relative_strength": -3.16545, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.452954, "energy": 15.959045, "activity_lines": [ 3.444667, 3.473273, 3.520476, 3.498796 ] }, { "date": "2024-01-12", "close": 3.37, "volume": 127699, "typical_volume": 263049.1, "trend": 3.450667, "fair_value": 3.085417, "relative_strength": -2.581501, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.813336, "energy": 29.294472, "activity_lines": [ 3.414, 3.451091, 3.503286, 3.494194 ] }, { "date": "2024-01-19", "close": 3.36, "volume": 30325, "typical_volume": 251613.9, "trend": 3.459, "fair_value": 3.093622, "relative_strength": -1.775799, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.481218, "energy": 38.1659, "activity_lines": [ 3.388667, 3.429636, 3.484952, 3.488344 ] }, { "date": "2024-01-26", "close": 3.42, "volume": 74390, "typical_volume": 230179.1, "trend": 3.463, "fair_value": 3.102212, "relative_strength": -1.68383, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.436645, "energy": 38.474195, "activity_lines": [ 3.390667, 3.421636, 3.473714, 3.485828 ] }, { "date": "2024-02-02", "close": 3.43, "volume": 76919, "typical_volume": 221935.65, "trend": 3.467, "fair_value": 3.110929, "relative_strength": -3.14259, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.431877, "energy": 28.093819, "activity_lines": [ 3.4, 3.418727, 3.464476, 3.483699 ] }, { "date": "2024-02-09", "close": 3.38, "volume": 376846, "typical_volume": 235020.45, "trend": 3.467333, "fair_value": 3.119776, "relative_strength": -3.800678, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.15994, "energy": 24.468916, "activity_lines": [ 3.398, 3.408, 3.451857, 3.478086 ] }, { "date": "2024-02-16", "close": 3.47, "volume": 136009, "typical_volume": 228219.4, "trend": 3.476333, "fair_value": 3.130096, "relative_strength": -1.345187, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.451922, "energy": 9.325852, "activity_lines": [ 3.424, 3.415818, 3.449333, 3.478258 ] }, { "date": "2024-02-23", "close": 3.57, "volume": 178430, "typical_volume": 231894.7, "trend": 3.487, "fair_value": 3.141314, "relative_strength": 1.627403, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.764451, "energy": 12.218388, "activity_lines": [ 3.476667, 3.442364, 3.457429, 3.484301 ] }, { "date": "2024-03-01", "close": 3.515, "volume": 601344, "typical_volume": 247334.0, "trend": 3.495833, "fair_value": 3.152532, "relative_strength": -1.310031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.628061, "energy": 8.858062, "activity_lines": [ 3.497, 3.457091, 3.460476, 3.486108 ] }, { "date": "2024-03-08", "close": 3.3, "volume": 808716, "typical_volume": 280303.0, "trend": 3.498833, "fair_value": 3.16266, "relative_strength": -8.482032, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.363527, "energy": 19.808503, "activity_lines": [ 3.439333, 3.432091, 3.443357, 3.473473 ] }, { "date": "2024-03-15", "close": 3.37, "volume": 3781234, "typical_volume": 440574.55, "trend": 3.5065, "fair_value": 3.173077, "relative_strength": -4.446734, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.508255, "energy": 19.960555, "activity_lines": [ 3.413667, 3.423636, 3.43419, 3.465161 ] }, { "date": "2024-03-22", "close": 3.32, "volume": 368598, "typical_volume": 446777.3, "trend": 3.506167, "fair_value": 3.1825, "relative_strength": -6.979729, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.656901, "energy": 36.560769, "activity_lines": [ 3.372, 3.405727, 3.42131, 3.453129 ] }, { "date": "2024-03-29", "close": 3.35, "volume": 74778, "typical_volume": 440610.2, "trend": 3.496167, "fair_value": 3.191827, "relative_strength": -7.616077, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.351091, "energy": 43.115181, "activity_lines": [ 3.350333, 3.394182, 3.41219, 3.443054 ] }, { "date": "2024-04-05", "close": 3.27, "volume": 121971, "typical_volume": 433511.65, "trend": 3.483833, "fair_value": 3.199904, "relative_strength": -8.42388, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.287464, "energy": 50.876178, "activity_lines": [ 3.316667, 3.368273, 3.396167, 3.428462 ] }, { "date": "2024-04-12", "close": 3.47, "volume": 455027, "typical_volume": 452901.65, "trend": 3.4755, "fair_value": 3.209519, "relative_strength": -3.172742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.7498, "energy": 26.173258, "activity_lines": [ 3.366, 3.381455, 3.400762, 3.42757 ] }, { "date": "2024-04-19", "close": 3.36, "volume": 134721, "typical_volume": 451881.05, "trend": 3.464167, "fair_value": 3.218878, "relative_strength": -3.657455, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.493606, "energy": 22.818501, "activity_lines": [ 3.367333, 3.373909, 3.395024, 3.420118 ] }, { "date": "2024-04-26", "close": 3.41, "volume": 91338, "typical_volume": 401570.5, "trend": 3.4545, "fair_value": 3.227404, "relative_strength": -2.44614, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.848021, "energy": 14.802696, "activity_lines": [ 3.386, 3.375818, 3.394714, 3.416624 ] }, { "date": "2024-05-03", "close": 3.39, "volume": 533656, "typical_volume": 412876.55, "trend": 3.447167, "fair_value": 3.235801, "relative_strength": -3.736813, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.277626, "energy": 14.850859, "activity_lines": [ 3.392, 3.375182, 3.392929, 3.412462 ] }, { "date": "2024-05-10", "close": 3.33, "volume": 64988, "typical_volume": 408907.45, "trend": 3.438833, "fair_value": 3.243942, "relative_strength": -6.957504, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.450842, "energy": 16.578715, "activity_lines": [ 3.375333, 3.366909, 3.38581, 3.404903 ] }, { "date": "2024-05-17", "close": 3.34, "volume": 78886, "typical_volume": 409718.65, "trend": 3.431167, "fair_value": 3.25266, "relative_strength": -7.597265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.782618, "energy": 19.820864, "activity_lines": [ 3.358, 3.363818, 3.380357, 3.398527 ] }, { "date": "2024-05-24", "close": 3.27, "volume": 201278, "typical_volume": 415857.65, "trend": 3.4205, "fair_value": 3.260545, "relative_strength": -8.596096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.470891, "energy": 35.522607, "activity_lines": [ 3.326, 3.347273, 3.369048, 3.388129 ] }, { "date": "2024-05-31", "close": 3.28, "volume": 341896, "typical_volume": 426567.5, "trend": 3.412833, "fair_value": 3.268237, "relative_strength": -7.956323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.771609, "energy": 48.364276, "activity_lines": [ 3.303333, 3.334364, 3.359071, 3.379065 ] }, { "date": "2024-06-07", "close": 3.24, "volume": 489084, "typical_volume": 449505.45, "trend": 3.404167, "fair_value": 3.275288, "relative_strength": -10.845437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.949554, "energy": 60.4556, "activity_lines": [ 3.276, 3.314909, 3.345714, 3.367914 ] }, { "date": "2024-06-14", "close": 3.18, "volume": 150193, "typical_volume": 453295.6, "trend": 3.390167, "fair_value": 3.281891, "relative_strength": -10.905647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.503289, "energy": 74.0249, "activity_lines": [ 3.238667, 3.286545, 3.327214, 3.353452 ] }, { "date": "2024-06-21", "close": 3.18, "volume": 376678, "typical_volume": 468283.55, "trend": 3.3795, "fair_value": 3.286442, "relative_strength": -11.614052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.126407, "energy": 74.791536, "activity_lines": [ 3.211333, 3.259818, 3.309857, 3.339892 ] }, { "date": "2024-06-28", "close": 3.25, "volume": 401606, "typical_volume": 469521.55, "trend": 3.371167, "fair_value": 3.292147, "relative_strength": -9.186727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.14743, "energy": 66.755932, "activity_lines": [ 3.218, 3.251091, 3.300357, 3.331538 ] }, { "date": "2024-07-05", "close": 3.25, "volume": 64651, "typical_volume": 465953.65, "trend": 3.362833, "fair_value": 3.297853, "relative_strength": -9.617183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.182591, "energy": 54.145084, "activity_lines": [ 3.226, 3.244364, 3.291476, 3.32372 ] }, { "date": "2024-07-12", "close": 3.27, "volume": 108473, "typical_volume": 462455.8, "trend": 3.356167, "fair_value": 3.302788, "relative_strength": -10.436656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.796331, "energy": 37.019687, "activity_lines": [ 3.242667, 3.244182, 3.285548, 3.317731 ] }, { "date": "2024-07-19", "close": 3.34, "volume": 173919, "typical_volume": 441084.55, "trend": 3.3515, "fair_value": 3.309006, "relative_strength": -8.589521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.199898, "energy": 17.561135, "activity_lines": [ 3.280667, 3.258909, 3.287714, 3.316688 ] }, { "date": "2024-07-26", "close": 3.2, "volume": 177892, "typical_volume": 409543.35, "trend": 3.341167, "fair_value": 3.314583, "relative_strength": -11.735354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.933272, "energy": 23.255336, "activity_lines": [ 3.261333, 3.248, 3.277381, 3.306914 ] }, { "date": "2024-08-02", "close": 3.21, "volume": 284396, "typical_volume": 234701.45, "trend": 3.3365, "fair_value": 3.31766, "relative_strength": -11.556675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.767467, "energy": 22.851696, "activity_lines": [ 3.244, 3.241455, 3.268476, 3.298452 ] }, { "date": "2024-08-09", "close": 3.15, "volume": 75172, "typical_volume": 220030.15, "trend": 3.329167, "fair_value": 3.321186, "relative_strength": -11.242299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.723018, "energy": 36.98585, "activity_lines": [ 3.209333, 3.225091, 3.254619, 3.286419 ] }, { "date": "2024-08-16", "close": 3.14, "volume": 149948, "typical_volume": 223788.65, "trend": 3.321833, "fair_value": 3.325096, "relative_strength": -13.505398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.171006, "energy": 53.01625, "activity_lines": [ 3.178, 3.209273, 3.240619, 3.274215 ] }, { "date": "2024-08-23", "close": 3.09, "volume": 294679, "typical_volume": 232424.05, "trend": 3.310833, "fair_value": 3.325224, "relative_strength": -15.145723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.961669, "energy": 60.762236, "activity_lines": [ 3.138667, 3.186182, 3.222857, 3.259258 ] }, { "date": "2024-08-30", "close": 3.14, "volume": 1528231, "typical_volume": 286084.25, "trend": 3.301167, "fair_value": 3.325288, "relative_strength": -14.084267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.169998, "energy": 52.938244, "activity_lines": [ 3.132667, 3.173818, 3.210714, 3.248237 ] }, { "date": "2024-09-06", "close": 2.78, "volume": 1540766, "typical_volume": 356386.5, "trend": 3.281167, "fair_value": 3.323365, "relative_strength": -22.656846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.197948, "energy": 76.035477, "activity_lines": [ 3.010667, 3.096727, 3.165857, 3.214613 ] }, { "date": "2024-09-13", "close": 3.0, "volume": 194797, "typical_volume": 361559.45, "trend": 3.2655, "fair_value": 3.322212, "relative_strength": -16.926416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.564175, "energy": 59.895604, "activity_lines": [ 2.990667, 3.068182, 3.144714, 3.196473 ] }, { "date": "2024-09-20", "close": 3.09, "volume": 679762, "typical_volume": 368864.75, "trend": 3.2495, "fair_value": 3.320288, "relative_strength": -15.037704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.146475, "energy": 43.537851, "activity_lines": [ 3.010667, 3.060545, 3.134095, 3.185151 ] }, { "date": "2024-09-27", "close": 3.0, "volume": 485770, "typical_volume": 389903.85, "trend": 3.232333, "fair_value": 3.316763, "relative_strength": -16.964115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.135225, "energy": 43.064508, "activity_lines": [ 3.004, 3.039818, 3.116333, 3.169054 ] }, { "date": "2024-10-04", "close": 2.92, "volume": 145589, "typical_volume": 393239.0, "trend": 3.219667, "fair_value": 3.313365, "relative_strength": -17.985005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.083508, "energy": 38.682717, "activity_lines": [ 2.976667, 3.010727, 3.092524, 3.148903 ] }, { "date": "2024-10-11", "close": 2.85, "volume": 416400, "typical_volume": 403995.1, "trend": 3.202333, "fair_value": 3.307468, "relative_strength": -20.013526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.085373, "energy": 42.336284, "activity_lines": [ 2.940667, 2.974, 3.064048, 3.125054 ] }, { "date": "2024-10-18", "close": 2.91, "volume": 279269, "typical_volume": 400863.75, "trend": 3.188667, "fair_value": 3.302083, "relative_strength": -18.406375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.547254, "energy": 41.312152, "activity_lines": [ 2.92, 2.954727, 3.043286, 3.106194 ] }, { "date": "2024-10-25", "close": 2.99, "volume": 347005, "typical_volume": 393759.8, "trend": 3.176667, "fair_value": 3.297019, "relative_strength": -14.813815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.739237, "energy": 37.746427, "activity_lines": [ 2.932, 2.954364, 3.031905, 3.093376 ] }, { "date": "2024-11-01", "close": 2.95, "volume": 319079, "typical_volume": 402204.1, "trend": 3.166, "fair_value": 3.289776, "relative_strength": -14.458463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.139342, "energy": 34.461863, "activity_lines": [ 2.937333, 2.949455, 3.017905, 3.078753 ] }, { "date": "2024-11-08", "close": 2.92, "volume": 760784, "typical_volume": 421409.4, "trend": 3.147667, "fair_value": 3.283622, "relative_strength": -16.562569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.028785, "energy": 30.818611, "activity_lines": [ 2.936, 2.941636, 3.002143, 3.062882 ] }, { "date": "2024-11-15", "close": 2.97, "volume": 335892, "typical_volume": 418123.7, "trend": 3.134667, "fair_value": 3.277468, "relative_strength": -14.43881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.932002, "energy": 21.676566, "activity_lines": [ 2.951333, 2.946909, 2.992381, 3.051419 ] }, { "date": "2024-11-22", "close": 2.91, "volume": 363781, "typical_volume": 433080.2, "trend": 3.118, "fair_value": 3.273045, "relative_strength": -16.676662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.187946, "energy": 24.633634, "activity_lines": [ 2.938667, 2.937818, 2.978238, 3.036925 ] }, { "date": "2024-11-29", "close": 2.9, "volume": 269246, "typical_volume": 441118.85, "trend": 3.101667, "fair_value": 3.267788, "relative_strength": -16.799403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.688632, "energy": 29.71987, "activity_lines": [ 2.922667, 2.928545, 2.964762, 3.02286 ] }, { "date": "2024-12-06", "close": 2.93, "volume": 266558, "typical_volume": 445750.8, "trend": 3.088333, "fair_value": 3.263365, "relative_strength": -15.239525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.629223, "energy": 28.979414, "activity_lines": [ 2.922667, 2.928182, 2.955905, 3.011785 ] }, { "date": "2024-12-13", "close": 3.01, "volume": 479326, "typical_volume": 460822.5, "trend": 3.077333, "fair_value": 3.257276, "relative_strength": -11.184057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.607455, "energy": 20.982778, "activity_lines": [ 2.950667, 2.943636, 2.956619, 3.006731 ] }, { "date": "2024-12-20", "close": 3.11, "volume": 1297275, "typical_volume": 511466.45, "trend": 3.072, "fair_value": 3.252724, "relative_strength": -5.278863, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.561829, "energy": 6.208763, "activity_lines": [ 3.006, 2.975636, 2.967762, 3.008839 ] }, { "date": "2024-12-27", "close": 3.06, "volume": 160060, "typical_volume": 515710.85, "trend": 3.064667, "fair_value": 3.24734, "relative_strength": -8.601776, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.859323, "energy": 14.810755, "activity_lines": [ 3.035333, 2.993818, 2.974619, 3.008065 ] }, { "date": "2025-01-03", "close": 3.11, "volume": 205003, "typical_volume": 518463.6, "trend": 3.060333, "fair_value": 3.244199, "relative_strength": -6.669445, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.047589, "energy": 27.850398, "activity_lines": [ 3.071333, 3.018364, 2.986667, 3.010989 ] }, { "date": "2025-01-10", "close": 3.2, "volume": 611408, "typical_volume": 534300.05, "trend": 3.061, "fair_value": 3.244199, "relative_strength": -4.183122, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.000759, "energy": 52.354561, "activity_lines": [ 3.123333, 3.057091, 3.007429, 3.02 ] }, { "date": "2025-01-17", "close": 3.1, "volume": 174771, "typical_volume": 466627.05, "trend": 3.058333, "fair_value": 3.244071, "relative_strength": -7.005359, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.77865, "energy": 46.052258, "activity_lines": [ 3.124, 3.073091, 3.018143, 3.022516 ] }, { "date": "2025-01-24", "close": 3.15, "volume": 105784, "typical_volume": 394877.95, "trend": 3.055, "fair_value": 3.243494, "relative_strength": -6.261562, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.251704, "energy": 48.39447, "activity_lines": [ 3.135333, 3.094909, 3.03381, 3.02843 ] }, { "date": "2025-01-31", "close": 3.19, "volume": 100999, "typical_volume": 390188.05, "trend": 3.053, "fair_value": 3.242724, "relative_strength": -6.120616, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.638037, "energy": 49.77598, "activity_lines": [ 3.157333, 3.120727, 3.051524, 3.03714 ] }, { "date": "2025-02-07", "close": 3.17, "volume": 185587, "typical_volume": 365479.3, "trend": 3.049667, "fair_value": 3.242212, "relative_strength": -6.164357, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.586354, "energy": 37.709758, "activity_lines": [ 3.164, 3.137818, 3.066429, 3.044688 ] }, { "date": "2025-02-14", "close": 3.19, "volume": 78204, "typical_volume": 345101.0, "trend": 3.044667, "fair_value": 3.241827, "relative_strength": -5.695649, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.589297, "energy": 53.375561, "activity_lines": [ 3.173333, 3.153636, 3.082857, 3.053742 ] }, { "date": "2025-02-21", "close": 3.34, "volume": 274198, "typical_volume": 351531.45, "trend": 3.049333, "fair_value": 3.243429, "relative_strength": 2.148687, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.116617, "energy": 74.673684, "activity_lines": [ 3.233333, 3.192, 3.112667, 3.072796 ] }, { "date": "2025-02-28", "close": 2.85, "volume": 1303876, "typical_volume": 395905.25, "trend": 3.037333, "fair_value": 3.242276, "relative_strength": -11.060832, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.672103, "energy": 11.056954, "activity_lines": [ 3.114, 3.135273, 3.09381, 3.059935 ] }, { "date": "2025-03-07", "close": 2.8, "volume": 672627, "typical_volume": 415573.15, "trend": 3.025667, "fair_value": 3.241635, "relative_strength": -9.854623, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.750074, "energy": 20.053194, "activity_lines": [ 2.998, 3.074182, 3.07019, 3.044624 ] }, { "date": "2025-03-14", "close": 2.68, "volume": 182454, "typical_volume": 407345.6, "trend": 3.010333, "fair_value": 3.239391, "relative_strength": -11.547512, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.567817, "energy": 41.54539, "activity_lines": [ 2.868, 2.996, 3.035667, 3.022323 ] }, { "date": "2025-03-21", "close": 2.61, "volume": 182106, "typical_volume": 400496.95, "trend": 2.994333, "fair_value": 3.236058, "relative_strength": -14.982039, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.03355, "energy": 61.889581, "activity_lines": [ 2.747333, 2.912909, 2.995952, 2.996495 ] }, { "date": "2025-03-28", "close": 2.58, "volume": 248751, "typical_volume": 374895.3, "trend": 2.975667, "fair_value": 3.231763, "relative_strength": -16.073017, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.416776, "energy": 87.187619, "activity_lines": [ 2.655333, 2.835091, 2.955, 2.969763 ] }, { "date": "2025-04-04", "close": 2.35, "volume": 128902, "typical_volume": 364545.8, "trend": 2.961333, "fair_value": 3.226763, "relative_strength": -19.966059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.118892, "energy": 93.620932, "activity_lines": [ 2.537333, 2.724909, 2.893762, 2.929398 ] }, { "date": "2025-04-11", "close": 2.36, "volume": 374057, "typical_volume": 365059.6, "trend": 2.94, "fair_value": 3.221571, "relative_strength": -18.843589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.116263, "energy": 90.775655, "activity_lines": [ 2.456, 2.631091, 2.836429, 2.890602 ] }, { "date": "2025-04-18", "close": 2.19, "volume": 141737, "typical_volume": 358684.15, "trend": 2.91, "fair_value": 3.213558, "relative_strength": -25.736399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.879725, "energy": 92.91938, "activity_lines": [ 2.347333, 2.521455, 2.765524, 2.842215 ] }, { "date": "2025-04-25", "close": 2.19, "volume": 85780, "typical_volume": 349645.25, "trend": 2.883, "fair_value": 3.205865, "relative_strength": -26.468865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.451999, "energy": 88.786377, "activity_lines": [ 2.271333, 2.429636, 2.698, 2.795763 ] }, { "date": "2025-05-02", "close": 2.1, "volume": 154160, "typical_volume": 333386.95, "trend": 2.855667, "fair_value": 3.199391, "relative_strength": -31.12865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.499435, "energy": 87.408675, "activity_lines": [ 2.193333, 2.339636, 2.625429, 2.745247 ] }, { "date": "2025-05-09", "close": 2.13, "volume": 200234, "typical_volume": 278534.9, "trend": 2.831667, "fair_value": 3.193494, "relative_strength": -29.460498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.084518, "energy": 81.625457, "activity_lines": [ 2.157333, 2.277636, 2.560048, 2.69843 ] }, { "date": "2025-05-16", "close": 2.3, "volume": 434938, "typical_volume": 292278.8, "trend": 2.811333, "fair_value": 3.189327, "relative_strength": -24.255005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.094247, "energy": 62.332933, "activity_lines": [ 2.192667, 2.259636, 2.515524, 2.664129 ] }, { "date": "2025-05-23", "close": 2.17, "volume": 261704, "typical_volume": 295113.85, "trend": 2.784, "fair_value": 3.184071, "relative_strength": -28.061286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.91766, "energy": 58.853025, "activity_lines": [ 2.188667, 2.227091, 2.462238, 2.622753 ] }, { "date": "2025-05-30", "close": 2.38, "volume": 239278, "typical_volume": 276507.35, "trend": 2.765, "fair_value": 3.180609, "relative_strength": -21.186079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.305922, "energy": 45.389107, "activity_lines": [ 2.256, 2.242, 2.433429, 2.596688 ] }, { "date": "2025-06-06", "close": 2.3, "volume": 408948, "typical_volume": 288216.2, "trend": 2.744333, "fair_value": 3.178173, "relative_strength": -23.979401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.598866, "energy": 36.830721, "activity_lines": [ 2.284, 2.246545, 2.400905, 2.566688 ] }, { "date": "2025-06-13", "close": 2.3, "volume": 100127, "typical_volume": 287933.35, "trend": 2.722, "fair_value": 3.175929, "relative_strength": -23.672196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.038442, "energy": 33.932881, "activity_lines": [ 2.298667, 2.256182, 2.37219, 2.538022 ] }, { "date": "2025-06-20", "close": 2.19, "volume": 145259, "typical_volume": 290146.35, "trend": 2.698, "fair_value": 3.170673, "relative_strength": -26.360393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.844403, "energy": 34.016431, "activity_lines": [ 2.265333, 2.246727, 2.337048, 2.503699 ] }, { "date": "2025-06-27", "close": 2.32, "volume": 356146, "typical_volume": 298674.3, "trend": 2.678667, "fair_value": 3.165929, "relative_strength": -21.438283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.604826, "energy": 29.636799, "activity_lines": [ 2.282667, 2.264, 2.319048, 2.479312 ] }, { "date": "2025-07-04", "close": 2.45, "volume": 607736, "typical_volume": 325150.9, "trend": 2.662667, "fair_value": 3.161763, "relative_strength": -17.293143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.764977, "energy": 22.411409, "activity_lines": [ 2.333333, 2.302545, 2.317476, 2.464559 ] }, { "date": "2025-07-11", "close": 2.46, "volume": 160497, "typical_volume": 319465.85, "trend": 2.644333, "fair_value": 3.158622, "relative_strength": -16.152633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.766096, "energy": 13.513399, "activity_lines": [ 2.382667, 2.338182, 2.320381, 2.451484 ] }, { "date": "2025-07-18", "close": 2.46, "volume": 298597, "typical_volume": 269201.9, "trend": 2.622667, "fair_value": 3.15484, "relative_strength": -17.205385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.300351, "energy": 16.260999, "activity_lines": [ 2.421333, 2.367273, 2.327476, 2.439591 ] }, { "date": "2025-07-25", "close": 2.35, "volume": 303050, "typical_volume": 250723.05, "trend": 2.599, "fair_value": 3.149135, "relative_strength": -19.477298, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.452891, "energy": 15.88159, "activity_lines": [ 2.412667, 2.370364, 2.325952, 2.422 ] }, { "date": "2025-08-01", "close": 2.2, "volume": 293824, "typical_volume": 256291.55, "trend": 2.568667, "fair_value": 3.142724, "relative_strength": -23.922086, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.030303, "energy": 18.620623, "activity_lines": [ 2.343333, 2.345273, 2.312286, 2.396258 ] }, { "date": "2025-08-08", "close": 2.4, "volume": 143542, "typical_volume": 254363.35, "trend": 2.542, "fair_value": 3.138173, "relative_strength": -17.745473, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.099746, "energy": 14.18236, "activity_lines": [ 2.348667, 2.356, 2.319952, 2.385376 ] }, { "date": "2025-08-15", "close": 2.4, "volume": 440810, "typical_volume": 263966.3, "trend": 2.518667, "fair_value": 3.13266, "relative_strength": -18.361188, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.550556, "energy": 14.426287, "activity_lines": [ 2.357333, 2.366364, 2.328619, 2.376215 ] }, { "date": "2025-08-22", "close": 2.76, "volume": 143223, "typical_volume": 264682.35, "trend": 2.505667, "fair_value": 3.13016, "relative_strength": -5.991889, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 18.52122, "energy": 18.837992, "activity_lines": [ 2.49, 2.440364, 2.372429, 2.391785 ] }, { "date": "2025-08-29", "close": 2.34, "volume": 660970, "typical_volume": 279028.0, "trend": 2.477333, "fair_value": 3.127212, "relative_strength": -19.748197, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.094436, "energy": 15.72247, "activity_lines": [ 2.462667, 2.429636, 2.374286, 2.381097 ] }, { "date": "2025-09-05", "close": 2.23, "volume": 331467, "typical_volume": 288514.5, "trend": 2.446, "fair_value": 3.122147, "relative_strength": -22.202343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.291602, "energy": 11.782085, "activity_lines": [ 2.399333, 2.396182, 2.365762, 2.36514 ] }, { "date": "2025-09-12", "close": 2.15, "volume": 229163, "typical_volume": 295683.65, "trend": 2.411333, "fair_value": 3.11734, "relative_strength": -24.364479, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.398638, "energy": 17.030932, "activity_lines": [ 2.307333, 2.349818, 2.349429, 2.346043 ] }, { "date": "2025-09-19", "close": 2.11, "volume": 334408, "typical_volume": 304696.05, "trend": 2.370333, "fair_value": 3.112596, "relative_strength": -24.382059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.159001, "energy": 39.066847, "activity_lines": [ 2.218667, 2.301636, 2.329476, 2.326602 ] }, { "date": "2025-09-26", "close": 2.19, "volume": 87859, "typical_volume": 299077.3, "trend": 2.348333, "fair_value": 3.108301, "relative_strength": -21.08789, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.920487, "energy": 52.152185, "activity_lines": [ 2.176, 2.274364, 2.317095, 2.314968 ] }, { "date": "2025-10-03", "close": 2.19, "volume": 241104, "typical_volume": 289385.6, "trend": 2.328, "fair_value": 3.103429, "relative_strength": -22.299054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.430295, "energy": 60.122999, "activity_lines": [ 2.171333, 2.252, 2.304429, 2.304753 ] }, { "date": "2025-10-10", "close": 2.23, "volume": 2134791, "typical_volume": 383039.95, "trend": 2.313, "fair_value": 3.099006, "relative_strength": -20.142859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.189551, "energy": 49.92836, "activity_lines": [ 2.19, 2.239818, 2.296095, 2.29843 ] }, { "date": "2025-10-17", "close": 2.2, "volume": 678781, "typical_volume": 405015.1, "trend": 2.299333, "fair_value": 3.093109, "relative_strength": -21.021139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.176292, "energy": 28.9554, "activity_lines": [ 2.198667, 2.221636, 2.284619, 2.29114 ] }, { "date": "2025-10-24", "close": 2.2, "volume": 185953, "typical_volume": 393865.35, "trend": 2.286667, "fair_value": 3.086635, "relative_strength": -20.636249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.421696, "energy": 25.758093, "activity_lines": [ 2.204, 2.207091, 2.274, 2.284731 ] }, { "date": "2025-10-31", "close": 2.19, "volume": 833721, "typical_volume": 430545.05, "trend": 2.281333, "fair_value": 3.07516, "relative_strength": -19.18701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.382118, "energy": 22.356344, "activity_lines": [ 2.2, 2.194364, 2.262905, 2.278495 ] }, { "date": "2025-11-07", "close": 2.09, "volume": 2580236, "typical_volume": 552293.9, "trend": 2.272333, "fair_value": 3.063173, "relative_strength": -21.326608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.621661, "energy": 37.765521, "activity_lines": [ 2.162667, 2.173818, 2.24281, 2.266151 ] }, { "date": "2025-11-14", "close": 2.2, "volume": 830700, "typical_volume": 576021.6, "trend": 2.272667, "fair_value": 3.052276, "relative_strength": -15.331911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.769032, "energy": 32.451625, "activity_lines": [ 2.168667, 2.177818, 2.233667, 2.261484 ] }, { "date": "2025-11-21", "close": 2.27, "volume": 346615, "typical_volume": 562965.55, "trend": 2.275333, "fair_value": 3.041827, "relative_strength": -9.932062, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.909011, "energy": 20.690848, "activity_lines": [ 2.2, 2.195091, 2.231762, 2.261312 ] }, { "date": "2025-11-28", "close": 2.39, "volume": 379249, "typical_volume": 573903.15, "trend": 2.285, "fair_value": 3.031699, "relative_strength": -6.949841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.060606, "energy": 9.815867, "activity_lines": [ 2.266667, 2.232, 2.242143, 2.26871 ] }, { "date": "2025-12-05", "close": 2.55, "volume": 338211, "typical_volume": 575883.85, "trend": 2.299, "fair_value": 3.022724, "relative_strength": -0.618974, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 41.365488, "energy": 47.594632, "activity_lines": [ 2.374, 2.292909, 2.268095, 2.285806 ] }, { "date": "2025-12-12", "close": 2.33, "volume": 95897, "typical_volume": 565526.2, "trend": 2.3, "fair_value": 3.012019, "relative_strength": -9.290426, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.188345, "energy": 42.269388, "activity_lines": [ 2.384, 2.307273, 2.272667, 2.287806 ] }, { "date": "2025-12-19", "close": 2.4, "volume": 180589, "typical_volume": 559864.45, "trend": 2.307667, "fair_value": 3.005609, "relative_strength": -5.080462, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.295414, "energy": 46.668579, "activity_lines": [ 2.401333, 2.331818, 2.284, 2.294258 ] }, { "date": "2025-12-26", "close": 2.49, "volume": 42963, "typical_volume": 554835.5, "trend": 2.311333, "fair_value": 2.999776, "relative_strength": -2.558066, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.503598, "energy": 54.014906, "activity_lines": [ 2.435333, 2.369636, 2.302952, 2.306022 ] }, { "date": "2026-01-02", "close": 2.46, "volume": 130128, "typical_volume": 539301.4, "trend": 2.316667, "fair_value": 2.994263, "relative_strength": -2.737214, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.779237, "energy": 33.358788, "activity_lines": [ 2.444667, 2.396727, 2.318619, 2.315613 ] }, { "date": "2026-01-09", "close": 2.43, "volume": 156454, "typical_volume": 539962.95, "trend": 2.321, "fair_value": 2.987276, "relative_strength": -3.124772, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 55.901952, "energy": 39.013677, "activity_lines": [ 2.439333, 2.413636, 2.331143, 2.322925 ] }, { "date": "2026-01-16", "close": 2.57, "volume": 245715, "typical_volume": 519200.2, "trend": 2.333667, "fair_value": 2.981122, "relative_strength": 0.884079, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.289067, "energy": 54.613438, "activity_lines": [ 2.488667, 2.451636, 2.358571, 2.338989 ] }, { "date": "2026-01-23", "close": 2.57, "volume": 161023, "typical_volume": 510678.0, "trend": 2.342, "fair_value": 2.974519, "relative_strength": 1.962186, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.288075, "energy": 52.152013, "activity_lines": [ 2.522, 2.480909, 2.384905, 2.354237 ] }, { "date": "2026-01-30", "close": 2.53, "volume": 157684, "typical_volume": 507104.05, "trend": 2.344667, "fair_value": 2.967981, "relative_strength": 0.877645, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.866915, "energy": 50.255189, "activity_lines": [ 2.530667, 2.496182, 2.40581, 2.366366 ] }, { "date": "2026-02-06", "close": 1.99, "volume": 341677, "typical_volume": 507467.5, "trend": 2.329, "fair_value": 2.958814, "relative_strength": -18.394238, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 4.303299, "energy": 5.511307, "activity_lines": [ 2.356667, 2.408545, 2.373476, 2.343484 ] }, { "date": "2026-02-13", "close": 1.805, "volume": 138361, "typical_volume": 509992.6, "trend": 2.307167, "fair_value": 2.948269, "relative_strength": -26.857652, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -41.504505, "energy": 38.494698, "activity_lines": [ 2.152333, 2.294545, 2.324095, 2.309677 ] }, { "date": "2026-02-20", "close": 1.7, "volume": 141858, "typical_volume": 505030.3, "trend": 2.2855, "fair_value": 2.938013, "relative_strength": -31.32706, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.714435, "energy": 79.7802, "activity_lines": [ 1.954667, 2.175, 2.266548, 2.270505 ] }, { "date": "2026-02-27", "close": 1.26, "volume": 887912, "typical_volume": 442686.35, "trend": 2.254167, "fair_value": 2.925513, "relative_strength": -48.987654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.20175, "energy": 95.150342, "activity_lines": [ 1.668333, 1.986909, 2.169429, 2.204344 ] }, { "date": "2026-03-06", "close": 1.24, "volume": 948928, "typical_volume": 456193.7, "trend": 2.2155, "fair_value": 2.913462, "relative_strength": -47.020714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.769438, "energy": 95.432219, "activity_lines": [ 1.462667, 1.815909, 2.075024, 2.138914 ] }, { "date": "2026-03-13", "close": 1.275, "volume": 678474, "typical_volume": 480819.75, "trend": 2.178, "fair_value": 2.902596, "relative_strength": -43.237261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.280238, "energy": 92.174983, "activity_lines": [ 1.354667, 1.674, 1.988524, 2.078237 ] }, { "date": "2026-03-20", "close": 1.205, "volume": 811594, "typical_volume": 479713.4, "trend": 2.126167, "fair_value": 2.890128, "relative_strength": -44.389025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.16159, "energy": 91.788941, "activity_lines": [ 1.271, 1.540909, 1.899762, 2.015462 ] }, { "date": "2026-03-27", "close": 1.185, "volume": 334952, "typical_volume": 367449.2, "trend": 2.087667, "fair_value": 2.877917, "relative_strength": -45.120805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.847683, "energy": 90.249767, "activity_lines": [ 1.220667, 1.426455, 1.813786, 1.954742 ] }, { "date": "2026-04-03", "close": 1.17, "volume": 146123, "typical_volume": 333220.35, "trend": 2.052333, "fair_value": 2.866378, "relative_strength": -45.511621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.903546, "energy": 84.268086, "activity_lines": [ 1.199667, 1.334455, 1.73069, 1.895538 ] }, { "date": "2026-04-10", "close": 1.18, "volume": 557101, "typical_volume": 343744.65, "trend": 2.02, "fair_value": 2.85484, "relative_strength": -46.657871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.109187, "energy": 67.886767, "activity_lines": [ 1.188, 1.269727, 1.653452, 1.839258 ] }, { "date": "2026-04-17", "close": 1.2, "volume": 1049919, "typical_volume": 377278.15, "trend": 1.989667, "fair_value": 2.843429, "relative_strength": -45.04589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.32011, "energy": 65.875003, "activity_lines": [ 1.187, 1.233182, 1.58331, 1.786355 ] }, { "date": "2026-04-24", "close": 1.455, "volume": 639660, "typical_volume": 392350.6, "trend": 1.965167, "fair_value": 2.832949, "relative_strength": -31.562651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.425498, "energy": 56.41286, "activity_lines": [ 1.276, 1.257364, 1.543119, 1.75186 ] }, { "date": "2026-05-01", "close": 1.38, "volume": 186372, "typical_volume": 396874.35, "trend": 1.938167, "fair_value": 2.821731, "relative_strength": -34.162049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.125264, "energy": 48.316134, "activity_lines": [ 1.323333, 1.274273, 1.501, 1.714108 ] }, { "date": "2026-05-08", "close": 1.345, "volume": 221242, "typical_volume": 398907.0, "trend": 1.908667, "fair_value": 2.810994, "relative_strength": -35.395897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.795491, "energy": 44.126951, "activity_lines": [ 1.346, 1.290636, 1.460071, 1.675839 ] }, { "date": "2026-05-15", "close": 1.35, "volume": 179196, "typical_volume": 405718.65, "trend": 1.880333, "fair_value": 2.801378, "relative_strength": -33.663325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.074691, "energy": 38.220268, "activity_lines": [ 1.358667, 1.306364, 1.424643, 1.639796 ] }, { "date": "2026-05-22", "close": 1.36, "volume": 95885, "typical_volume": 404006.5, "trend": 1.852333, "fair_value": 2.791635, "relative_strength": -32.812841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.374361, "energy": 41.346241, "activity_lines": [ 1.363333, 1.321909, 1.395595, 1.606226 ] }, { "date": "2026-05-29", "close": 1.34, "volume": 152577, "typical_volume": 403812.65, "trend": 1.824, "fair_value": 2.780096, "relative_strength": -33.66505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.763095, "energy": 64.605711, "activity_lines": [ 1.350667, 1.332273, 1.369881, 1.573172 ] }, { "date": "2026-06-05", "close": 1.61, "volume": 1595480, "typical_volume": 471300.9, "trend": 1.808, "fair_value": 2.770801, "relative_strength": -18.750559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.516219, "energy": 20.043312, "activity_lines": [ 1.435667, 1.389273, 1.375071, 1.559366 ] }, { "date": "2026-06-12", "close": 1.45, "volume": 649381, "typical_volume": 495718.8, "trend": 1.783, "fair_value": 2.760288, "relative_strength": -27.680045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.771407, "energy": 20.917966, "activity_lines": [ 1.452, 1.409455, 1.369595, 1.536269 ] }, { "date": "2026-06-19", "close": 1.565, "volume": 142929, "typical_volume": 494981.05, "trend": 1.7595, "fair_value": 2.750385, "relative_strength": -21.631847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.075075, "energy": 19.09083, "activity_lines": [ 1.499667, 1.445455, 1.380405, 1.522204 ] }, { "date": "2026-06-26", "close": 1.55, "volume": 59655, "typical_volume": 480879.95, "trend": 1.7315, "fair_value": 2.739167, "relative_strength": -21.170843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.719158, "energy": 25.345614, "activity_lines": [ 1.528, 1.471727, 1.394381, 1.508688 ] }, { "date": "2026-07-03", "close": 1.65, "volume": 23850, "typical_volume": 475154.4, "trend": 1.7015, "fair_value": 2.728526, "relative_strength": -16.139959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 16.519918, "energy": 30.274282, "activity_lines": [ 1.577, 1.509818, 1.419976, 1.50343 ] }, { "date": "2026-07-10", "close": 1.6, "volume": 201911, "typical_volume": 478157.05, "trend": 1.677167, "fair_value": 2.717179, "relative_strength": -17.578341, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 8.510253, "energy": 28.490226, "activity_lines": [ 1.588667, 1.535273, 1.441548, 1.496882 ] }, { "date": "2026-07-17", "close": 1.61, "volume": 123519, "typical_volume": 439937.4, "trend": 1.650833, "fair_value": 2.706987, "relative_strength": -16.260438, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 7.823108, "energy": 27.466342, "activity_lines": [ 1.604333, 1.558545, 1.464548, 1.492548 ] }, { "date": "2026-07-24", "close": 1.6, "volume": 163132, "typical_volume": 400647.6, "trend": 1.621167, "fair_value": 2.69641, "relative_strength": -15.892263, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 7.92694, "energy": 30.920271, "activity_lines": [ 1.606, 1.575182, 1.484929, 1.489269 ] }, { "date": "2026-07-31", "close": 1.73, "volume": 400184, "typical_volume": 386733.1, "trend": 1.596833, "fair_value": 2.686667, "relative_strength": -10.644785, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.471015, "energy": 46.799753, "activity_lines": [ 1.648667, 1.610909, 1.515976, 1.49629 ] }, { "date": "2026-08-07", "close": 1.685, "volume": 517764, "typical_volume": 372041.6, "trend": 1.572, "fair_value": 2.676891, "relative_strength": -14.976579, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.60764, "energy": 49.950183, "activity_lines": [ 1.664333, 1.631727, 1.540571, 1.501978 ] } ], "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." } } }