{ "ticker": { "uuid": "306b51bb-93db-42f1-9ef2-2c81af97d93f", "symbol": "NPWR", "name": "NET Power Inc.", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.792, "architecture_energy": 52.411, "architecture_maturity": 21.661, "architecture_confidence": 88.316, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 21.19, "rotation_up": 13.72, "upward_expansion": 9.78, "deceleration": 41.31, "rotation_down": 64.74, "downward_expansion": 85.44 }, "activity_lines": [ 1.479333, 1.542727, 1.663429, 1.713161 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 1.52, "trend_reference": 1.833, "distance_from_trend": -0.170758, "trend_direction": "Weakening", "fair_value": 6.503846, "distance_from_fair_value": -0.766292, "fair_value_direction": "Weakening", "relative_strength": -40.4848, "relative_strength_direction": "Weakening", "price_momentum": -0.28972, "excess_performance": -0.415345, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.170758, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.165934, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.766292, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.037138, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.404848, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.124617, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.28972, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.975906, "read": "Supply-led" } ], "volume": { "latest": 2182500, "relative_activity": 0.605786, "balance": 0.975906, "dry_up": 0.895079, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.187702, "annualized_volatility": 0.536955, "from_high_reference": -0.707692, "from_low_reference": 0.125926 }, "levels": { "trend_reference": 1.833, "fair_value_reference": 6.503846, "structural_low": 1.35, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.060805, "positive_rate": 0.4375, "directional_follow_through": 0.5625, "median_excess_return": -0.092891, "regime_survival": 0.75, "best_return": 0.47929, "worst_return": -0.326531, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.014581, "positive_rate": 0.5, "directional_follow_through": 0.333333, "median_excess_return": -0.08096, "regime_survival": 0.5, "best_return": 0.512397, "worst_return": -0.268707, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.144038, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.205844, "regime_survival": 0.0, "best_return": -0.048918, "worst_return": -0.170068, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.264434, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.478059, "regime_survival": 0.5, "best_return": -0.096896, "worst_return": -0.431973, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2024-11-08", "tenure": "Developing", "return": 0.0732, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-15", "end": "2024-12-20", "tenure": "Developing", "return": -0.242305, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-02-14", "tenure": "Developing", "return": -0.250726, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": -0.575163, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-07-18", "tenure": "Established", "return": -0.05102, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.060714, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-10-03", "tenure": "Developing", "return": 0.256506, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-11-28", "tenure": "Developing", "return": -0.228723, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": -0.231579, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-02", "end": "2026-01-16", "tenure": "New", "return": 0.051793, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": -0.122951, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-13", "end": "2026-05-22", "tenure": "Established", "return": -0.093897, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-07-10", "tenure": "Developing", "return": -0.223881, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.012987, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 15.41, "volume": 1461184, "typical_volume": 1592845.2, "trend": 11.29495, "fair_value": 10.296402, "relative_strength": 32.821962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.37304, "energy": 44.199713, "activity_lines": [ 13.732, 13.253455, 12.528695, 11.955077 ] }, { "date": "2023-08-25", "close": 15.49, "volume": 1363529, "typical_volume": 1603847.95, "trend": 11.47045, "fair_value": 10.344491, "relative_strength": 31.44523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.371646, "energy": 61.636966, "activity_lines": [ 14.450667, 13.721273, 12.877631, 12.225726 ] }, { "date": "2023-09-01", "close": 14.17, "volume": 1513532, "typical_volume": 1615766.7, "trend": 11.60195, "fair_value": 10.379587, "relative_strength": 16.765191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.113578, "energy": 55.354956, "activity_lines": [ 14.566, 13.884364, 13.075995, 12.39989 ] }, { "date": "2023-09-08", "close": 15.58, "volume": 1279031, "typical_volume": 1635309.4, "trend": 11.77995, "fair_value": 10.426864, "relative_strength": 29.065518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.461427, "energy": 67.427082, "activity_lines": [ 15.007333, 14.269273, 13.390074, 12.656539 ] }, { "date": "2023-09-15", "close": 16.51, "volume": 3601097, "typical_volume": 1788866.55, "trend": 11.98945, "fair_value": 10.481667, "relative_strength": 35.85971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.857382, "energy": 75.803695, "activity_lines": [ 15.584667, 14.776364, 13.76739, 12.961703 ] }, { "date": "2023-09-22", "close": 15.51, "volume": 1426226, "typical_volume": 1849172.4, "trend": 12.16595, "fair_value": 10.526562, "relative_strength": 30.659224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.629303, "energy": 59.124043, "activity_lines": [ 15.610667, 15.026182, 14.02004, 13.188835 ] }, { "date": "2023-09-29", "close": 15.1, "volume": 940428, "typical_volume": 1832477.35, "trend": 12.32695, "fair_value": 10.567035, "relative_strength": 27.430828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.039921, "energy": 57.449627, "activity_lines": [ 15.493333, 15.154727, 14.208833, 13.378129 ] }, { "date": "2023-10-06", "close": 15.05, "volume": 1051434, "typical_volume": 1832933.25, "trend": 12.487283, "fair_value": 10.60636, "relative_strength": 25.749383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.504857, "energy": 41.527829, "activity_lines": [ 15.385333, 15.236727, 14.370143, 13.55381 ] }, { "date": "2023-10-13", "close": 13.66, "volume": 826866, "typical_volume": 1723890.45, "trend": 12.60195, "fair_value": 10.632913, "relative_strength": 13.331522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.265179, "energy": 23.880943, "activity_lines": [ 14.755333, 15.010727, 14.376524, 13.629469 ] }, { "date": "2023-10-20", "close": 14.11, "volume": 990914, "typical_volume": 1657946.1, "trend": 12.731283, "fair_value": 10.662888, "relative_strength": 19.396742, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.908202, "energy": 19.197125, "activity_lines": [ 14.403333, 14.854, 14.409905, 13.726762 ] }, { "date": "2023-10-27", "close": 12.99, "volume": 893157, "typical_volume": 1478926.75, "trend": 12.823117, "fair_value": 10.682778, "relative_strength": 12.298883, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.231852, "energy": 16.080809, "activity_lines": [ 13.838, 14.477818, 14.318667, 13.743454 ] }, { "date": "2023-11-03", "close": 13.38, "volume": 678598, "typical_volume": 1297656.8, "trend": 12.926783, "fair_value": 10.705636, "relative_strength": 8.987562, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.019149, "energy": 16.677811, "activity_lines": [ 13.570667, 14.216545, 14.272286, 13.779382 ] }, { "date": "2023-11-10", "close": 13.28, "volume": 762463, "typical_volume": 1262714.25, "trend": 13.027117, "fair_value": 10.727269, "relative_strength": 6.375582, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.403797, "energy": 15.706595, "activity_lines": [ 13.384667, 13.975455, 14.209476, 13.80217 ] }, { "date": "2023-11-17", "close": 11.02, "volume": 3135083, "typical_volume": 1310739.05, "trend": 13.05245, "fair_value": 10.729708, "relative_strength": -13.654734, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.098299, "energy": 39.516826, "activity_lines": [ 12.563333, 13.339636, 13.926619, 13.672678 ] }, { "date": "2023-11-24", "close": 11.0, "volume": 988431, "typical_volume": 1306499.6, "trend": 13.074783, "fair_value": 10.731942, "relative_strength": -14.604123, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.378206, "energy": 54.38126, "activity_lines": [ 11.911333, 12.783091, 13.651286, 13.540262 ] }, { "date": "2023-12-01", "close": 9.29, "volume": 2991674, "typical_volume": 1381330.6, "trend": 13.041117, "fair_value": 10.720123, "relative_strength": -28.245497, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.434452, "energy": 71.34774, "activity_lines": [ 10.896667, 12.015818, 13.219571, 13.296083 ] }, { "date": "2023-12-08", "close": 9.65, "volume": 1512044, "typical_volume": 1400650.1, "trend": 13.0185, "fair_value": 10.711423, "relative_strength": -25.368001, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.768989, "energy": 73.454868, "activity_lines": [ 10.248667, 11.427091, 12.839524, 13.077301 ] }, { "date": "2023-12-15", "close": 9.87, "volume": 1468087, "typical_volume": 1420311.15, "trend": 13.003667, "fair_value": 10.704637, "relative_strength": -25.143135, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.414931, "energy": 81.080089, "activity_lines": [ 9.922667, 10.977455, 12.496571, 12.874172 ] }, { "date": "2023-12-22", "close": 10.63, "volume": 1208967, "typical_volume": 1438541.1, "trend": 13.013667, "fair_value": 10.70404, "relative_strength": -19.857503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.852076, "energy": 77.57838, "activity_lines": [ 10.077333, 10.760182, 12.23619, 12.721032 ] }, { "date": "2023-12-29", "close": 10.1, "volume": 911110, "typical_volume": 1450192.75, "trend": 13.005667, "fair_value": 10.699246, "relative_strength": -23.818393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.930985, "energy": 65.380516, "activity_lines": [ 10.081333, 10.501636, 11.936476, 12.533054 ] }, { "date": "2024-01-05", "close": 9.56, "volume": 769246, "typical_volume": 1415595.85, "trend": 12.837333, "fair_value": 10.690276, "relative_strength": -26.440731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.220011, "energy": 53.240628, "activity_lines": [ 9.965333, 10.217818, 11.600286, 12.310753 ] }, { "date": "2024-01-12", "close": 9.71, "volume": 1461666, "typical_volume": 1420502.7, "trend": 12.763333, "fair_value": 10.682617, "relative_strength": -26.376451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.931838, "energy": 50.344206, "activity_lines": [ 9.881333, 10.023636, 11.306238, 12.108989 ] }, { "date": "2024-01-19", "close": 8.6, "volume": 1132406, "typical_volume": 1401446.4, "trend": 12.641, "fair_value": 10.666473, "relative_strength": -35.189917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.982862, "energy": 59.236138, "activity_lines": [ 9.423333, 9.694364, 10.934, 11.840387 ] }, { "date": "2024-01-26", "close": 8.92, "volume": 1129368, "typical_volume": 1393963.25, "trend": 12.505, "fair_value": 10.653038, "relative_strength": -33.124361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.726739, "energy": 66.982018, "activity_lines": [ 9.156667, 9.508364, 10.618762, 11.600323 ] }, { "date": "2024-02-02", "close": 9.39, "volume": 856767, "typical_volume": 1256746.75, "trend": 12.406, "fair_value": 10.643397, "relative_strength": -30.286101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.761949, "energy": 62.350699, "activity_lines": [ 9.160667, 9.446, 10.38, 11.399355 ] }, { "date": "2024-02-09", "close": 8.39, "volume": 1320813, "typical_volume": 1251476.1, "trend": 12.254333, "fair_value": 10.626326, "relative_strength": -38.180349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.230407, "energy": 66.724626, "activity_lines": [ 8.878667, 9.231091, 10.079905, 11.140258 ] }, { "date": "2024-02-16", "close": 8.56, "volume": 1350223, "typical_volume": 1271965.85, "trend": 12.105, "fair_value": 10.610789, "relative_strength": -36.336627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.002924, "energy": 66.525437, "activity_lines": [ 8.731333, 9.063455, 9.829905, 10.901914 ] }, { "date": "2024-02-23", "close": 7.86, "volume": 806906, "typical_volume": 1259739.45, "trend": 11.966667, "fair_value": 10.590261, "relative_strength": -42.060314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.422576, "energy": 68.239768, "activity_lines": [ 8.427333, 8.788364, 9.544381, 10.628043 ] }, { "date": "2024-03-01", "close": 8.02, "volume": 1340818, "typical_volume": 1285437.05, "trend": 11.801667, "fair_value": 10.571222, "relative_strength": -41.025909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.342982, "energy": 81.103663, "activity_lines": [ 8.226, 8.578909, 9.308333, 10.373419 ] }, { "date": "2024-03-08", "close": 8.63, "volume": 1400789, "typical_volume": 1305930.8, "trend": 11.648, "fair_value": 10.556949, "relative_strength": -35.932035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.64487, "energy": 67.611179, "activity_lines": [ 8.288, 8.527818, 9.157238, 10.168796 ] }, { "date": "2024-03-15", "close": 9.54, "volume": 2794254, "typical_volume": 1400985.65, "trend": 11.452333, "fair_value": 10.549526, "relative_strength": -28.726662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.643115, "energy": 44.088015, "activity_lines": [ 8.704, 8.668909, 9.118905, 10.032796 ] }, { "date": "2024-03-22", "close": 10.94, "volume": 2623490, "typical_volume": 1498230.25, "trend": 11.300667, "fair_value": 10.552355, "relative_strength": -19.743958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.694006, "energy": 16.338242, "activity_lines": [ 9.51, 9.064909, 9.230333, 9.999742 ] }, { "date": "2024-03-29", "close": 11.39, "volume": 2064963, "typical_volume": 1563355.25, "trend": 11.208, "fair_value": 10.558381, "relative_strength": -16.519535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.389768, "energy": 29.528361, "activity_lines": [ 10.307333, 9.520364, 9.396238, 10.005505 ] }, { "date": "2024-04-05", "close": 10.94, "volume": 1521376, "typical_volume": 1482669.9, "trend": 11.053333, "fair_value": 10.561107, "relative_strength": -18.839076, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 7.491675, "energy": 33.042659, "activity_lines": [ 10.719333, 9.843273, 9.528286, 9.988215 ] }, { "date": "2024-04-12", "close": 10.15, "volume": 1173566, "typical_volume": 1491926.65, "trend": 10.841333, "fair_value": 10.558191, "relative_strength": -23.276517, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 3.85282, "energy": 29.985381, "activity_lines": [ 10.673333, 9.985818, 9.585476, 9.929935 ] }, { "date": "2024-04-19", "close": 10.81, "volume": 2744113, "typical_volume": 1479548.6, "trend": 10.684667, "fair_value": 10.559965, "relative_strength": -15.483627, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.384299, "energy": 37.008654, "activity_lines": [ 10.746, 10.234545, 9.709571, 9.927914 ] }, { "date": "2024-04-26", "close": 11.22, "volume": 1441820, "typical_volume": 1476037.4, "trend": 10.555333, "fair_value": 10.56458, "relative_strength": -14.339943, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.323794, "energy": 35.977536, "activity_lines": [ 10.870667, 10.513818, 9.865476, 9.962452 ] }, { "date": "2024-05-03", "close": 11.06, "volume": 1117055, "typical_volume": 1458485.8, "trend": 10.422333, "fair_value": 10.568021, "relative_strength": -15.829863, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.383556, "energy": 30.074394, "activity_lines": [ 10.923333, 10.715636, 9.998667, 9.995011 ] }, { "date": "2024-05-10", "close": 10.61, "volume": 1109336, "typical_volume": 1453504.25, "trend": 10.320667, "fair_value": 10.56831, "relative_strength": -20.432055, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.937007, "energy": 28.39712, "activity_lines": [ 10.848, 10.777455, 10.083333, 10.007118 ] }, { "date": "2024-05-17", "close": 11.51, "volume": 2980380, "typical_volume": 1556967.75, "trend": 10.234, "fair_value": 10.57476, "relative_strength": -14.877926, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.671767, "energy": 33.606596, "activity_lines": [ 11.094667, 10.955818, 10.25381, 10.083849 ] }, { "date": "2024-05-24", "close": 10.76, "volume": 1930549, "typical_volume": 1615032.9, "trend": 10.159667, "fair_value": 10.57602, "relative_strength": -20.144698, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.961816, "energy": 24.793922, "activity_lines": [ 11.000667, 10.945455, 10.346143, 10.117785 ] }, { "date": "2024-05-31", "close": 10.51, "volume": 1805375, "typical_volume": 1632218.35, "trend": 10.064, "fair_value": 10.575574, "relative_strength": -21.421597, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.294502, "energy": 24.543578, "activity_lines": [ 10.826667, 10.867455, 10.408952, 10.140387 ] }, { "date": "2024-06-07", "close": 10.0, "volume": 2067298, "typical_volume": 1678962.95, "trend": 9.954667, "fair_value": 10.571711, "relative_strength": -25.271645, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.84194, "energy": 15.735428, "activity_lines": [ 10.53, 10.704545, 10.419381, 10.136258 ] }, { "date": "2024-06-14", "close": 10.33, "volume": 1552118, "typical_volume": 1700100.45, "trend": 9.931667, "fair_value": 10.5701, "relative_strength": -23.559628, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.051429, "energy": 18.594002, "activity_lines": [ 10.414, 10.626909, 10.454571, 10.160473 ] }, { "date": "2024-06-21", "close": 10.11, "volume": 1559208, "typical_volume": 1735222.5, "trend": 9.902, "fair_value": 10.567053, "relative_strength": -25.079679, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.844003, "energy": 17.941109, "activity_lines": [ 10.243333, 10.520364, 10.462095, 10.171978 ] }, { "date": "2024-06-28", "close": 9.83, "volume": 5507568, "typical_volume": 1944560.25, "trend": 9.92, "fair_value": 10.562204, "relative_strength": -26.449369, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.625306, "energy": 12.709175, "activity_lines": [ 10.072667, 10.363636, 10.439524, 10.167333 ] }, { "date": "2024-07-05", "close": 9.47, "volume": 1964153, "typical_volume": 1975256.75, "trend": 9.914, "fair_value": 10.555065, "relative_strength": -29.842041, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.863211, "energy": 22.768706, "activity_lines": [ 9.844, 10.159273, 10.37581, 10.138301 ] }, { "date": "2024-07-12", "close": 9.71, "volume": 1378196, "typical_volume": 2003821.25, "trend": 9.908667, "fair_value": 10.549578, "relative_strength": -28.076824, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.442887, "energy": 27.262948, "activity_lines": [ 9.764667, 10.030364, 10.330619, 10.12514 ] }, { "date": "2024-07-19", "close": 9.41, "volume": 1214867, "typical_volume": 1997523.7, "trend": 9.868, "fair_value": 10.542226, "relative_strength": -28.209283, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.410263, "energy": 38.174933, "activity_lines": [ 9.604667, 9.871455, 10.248048, 10.092968 ] }, { "date": "2024-07-26", "close": 9.61, "volume": 1126859, "typical_volume": 1983827.2, "trend": 9.851667, "fair_value": 10.53625, "relative_strength": -25.530698, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.553139, "energy": 33.882159, "activity_lines": [ 9.572667, 9.770727, 10.177905, 10.076323 ] }, { "date": "2024-08-02", "close": 8.9, "volume": 1298565, "typical_volume": 1909042.75, "trend": 9.829667, "fair_value": 10.53016, "relative_strength": -28.803458, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.790619, "energy": 37.178992, "activity_lines": [ 9.337333, 9.575455, 10.035476, 10.014925 ] }, { "date": "2024-08-09", "close": 8.77, "volume": 1168037, "typical_volume": 1836270.1, "trend": 9.798333, "fair_value": 10.524135, "relative_strength": -29.060078, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.048732, "energy": 47.464899, "activity_lines": [ 9.120667, 9.390364, 9.883714, 9.946559 ] }, { "date": "2024-08-16", "close": 8.34, "volume": 1658092, "typical_volume": 1815926.55, "trend": 9.789667, "fair_value": 10.514776, "relative_strength": -33.99731, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.810297, "energy": 58.651529, "activity_lines": [ 8.807333, 9.158727, 9.701333, 9.852473 ] }, { "date": "2024-08-23", "close": 8.43, "volume": 1021217, "typical_volume": 1790918.6, "trend": 9.773333, "fair_value": 10.506506, "relative_strength": -33.043582, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.830379, "energy": 72.673396, "activity_lines": [ 8.615333, 8.973636, 9.542048, 9.764753 ] }, { "date": "2024-08-30", "close": 8.47, "volume": 974725, "typical_volume": 1780976.55, "trend": 9.742667, "fair_value": 10.497724, "relative_strength": -31.927698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.114992, "energy": 69.519199, "activity_lines": [ 8.502, 8.830364, 9.398524, 9.680667 ] }, { "date": "2024-09-06", "close": 7.84, "volume": 1851930, "typical_volume": 1736367.4, "trend": 9.724333, "fair_value": 10.484519, "relative_strength": -33.049535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.348637, "energy": 78.200299, "activity_lines": [ 8.254667, 8.602364, 9.203, 9.557914 ] }, { "date": "2024-09-13", "close": 7.19, "volume": 2326671, "typical_volume": 1780609.95, "trend": 9.678667, "fair_value": 10.467147, "relative_strength": -39.635276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.230259, "energy": 81.952969, "activity_lines": [ 7.861333, 8.292364, 8.959714, 9.394409 ] }, { "date": "2024-09-20", "close": 6.94, "volume": 3745743, "typical_volume": 1912044.35, "trend": 9.648, "fair_value": 10.448365, "relative_strength": -41.258678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.142007, "energy": 86.412629, "activity_lines": [ 7.49, 7.978364, 8.71181, 9.21772 ] }, { "date": "2024-09-27", "close": 7.22, "volume": 1641269, "typical_volume": 1938641.0, "trend": 9.621333, "fair_value": 10.431186, "relative_strength": -37.902325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.644428, "energy": 84.662018, "activity_lines": [ 7.305333, 7.765636, 8.51019, 9.061075 ] }, { "date": "2024-10-04", "close": 6.99, "volume": 1341693, "typical_volume": 1856706.65, "trend": 9.566667, "fair_value": 10.412596, "relative_strength": -38.687875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.663317, "energy": 86.307147, "activity_lines": [ 7.124667, 7.550909, 8.30281, 8.891312 ] }, { "date": "2024-10-11", "close": 6.9, "volume": 1634613, "typical_volume": 1841909.85, "trend": 9.478667, "fair_value": 10.393494, "relative_strength": -38.976226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.899285, "energy": 83.731501, "activity_lines": [ 7.012667, 7.367455, 8.108381, 8.719269 ] }, { "date": "2024-10-18", "close": 8.16, "volume": 3302803, "typical_volume": 1916781.25, "trend": 9.386, "fair_value": 10.38234, "relative_strength": -27.012593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.612454, "energy": 50.823736, "activity_lines": [ 7.383333, 7.449455, 8.052333, 8.634194 ] }, { "date": "2024-10-25", "close": 9.03, "volume": 4010466, "typical_volume": 2013939.65, "trend": 9.307333, "fair_value": 10.376442, "relative_strength": -17.083926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.015778, "energy": 21.666261, "activity_lines": [ 7.979333, 7.700727, 8.090333, 8.611226 ] }, { "date": "2024-11-01", "close": 8.51, "volume": 2314840, "typical_volume": 2052075.75, "trend": 9.226333, "fair_value": 10.367276, "relative_strength": -19.42142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.339482, "energy": 25.141815, "activity_lines": [ 8.262667, 7.844909, 8.083429, 8.559785 ] }, { "date": "2024-11-08", "close": 9.09, "volume": 2134334, "typical_volume": 2080832.05, "trend": 9.191, "fair_value": 10.360866, "relative_strength": -16.503099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.221103, "energy": 23.635427, "activity_lines": [ 8.653333, 8.093091, 8.140429, 8.550989 ] }, { "date": "2024-11-15", "close": 12.67, "volume": 6642046, "typical_volume": 2137555.95, "trend": 9.253, "fair_value": 10.376763, "relative_strength": 19.249499, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.386697, "energy": 49.029103, "activity_lines": [ 10.097333, 8.980909, 8.543238, 8.775441 ] }, { "date": "2024-11-22", "close": 12.64, "volume": 5163455, "typical_volume": 2297521.05, "trend": 9.300333, "fair_value": 10.391121, "relative_strength": 17.423446, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.970517, "energy": 71.812326, "activity_lines": [ 11.146667, 9.775455, 8.929667, 8.993957 ] }, { "date": "2024-11-29", "close": 12.81, "volume": 3128839, "typical_volume": 2385053.2, "trend": 9.358667, "fair_value": 10.409262, "relative_strength": 17.518556, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.727457, "energy": 78.979278, "activity_lines": [ 11.954, 10.501818, 9.31719, 9.220387 ] }, { "date": "2024-12-06", "close": 10.7, "volume": 3625288, "typical_volume": 2505574.25, "trend": 9.361667, "fair_value": 10.414005, "relative_strength": -2.309037, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.131284, "energy": 69.952161, "activity_lines": [ 11.806, 10.737818, 9.489, 9.306925 ] }, { "date": "2024-12-13", "close": 9.99, "volume": 2752476, "typical_volume": 2586855.1, "trend": 9.311, "fair_value": 10.413941, "relative_strength": -7.785873, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.994023, "energy": 51.311102, "activity_lines": [ 11.275333, 10.781455, 9.587048, 9.347462 ] }, { "date": "2024-12-20", "close": 9.6, "volume": 2737565, "typical_volume": 2658805.1, "trend": 9.272333, "fair_value": 10.411112, "relative_strength": -9.097521, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 44.182634, "energy": 29.322939, "activity_lines": [ 10.554667, 10.699636, 9.646143, 9.366108 ] }, { "date": "2024-12-27", "close": 10.33, "volume": 2012080, "typical_volume": 2701007.25, "trend": 9.266333, "fair_value": 10.413228, "relative_strength": -2.382497, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.346979, "energy": 23.179842, "activity_lines": [ 10.282, 10.701455, 9.771429, 9.434344 ] }, { "date": "2025-01-03", "close": 11.24, "volume": 3800195, "typical_volume": 2808112.4, "trend": 9.307667, "fair_value": 10.42124, "relative_strength": 6.963143, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.491161, "energy": 23.64821, "activity_lines": [ 10.466667, 10.829273, 9.975952, 9.561677 ] }, { "date": "2025-01-10", "close": 9.73, "volume": 2174834, "typical_volume": 2865793.25, "trend": 9.287667, "fair_value": 10.420151, "relative_strength": -5.181026, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.293092, "energy": 18.688109, "activity_lines": [ 10.252667, 10.642364, 10.022857, 9.588925 ] }, { "date": "2025-01-17", "close": 9.3, "volume": 2703280, "typical_volume": 2952221.0, "trend": 9.260667, "fair_value": 10.416689, "relative_strength": -11.723916, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.885461, "energy": 14.278683, "activity_lines": [ 9.96, 10.355091, 10.022619, 9.58972 ] }, { "date": "2025-01-24", "close": 9.97, "volume": 2605691, "typical_volume": 2989909.05, "trend": 9.265333, "fair_value": 10.418099, "relative_strength": -6.764241, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.357257, "energy": 14.21849, "activity_lines": [ 9.936667, 10.185818, 10.082238, 9.635484 ] }, { "date": "2025-01-31", "close": 8.59, "volume": 3226932, "typical_volume": 3034922.1, "trend": 9.236, "fair_value": 10.410535, "relative_strength": -18.405678, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.567098, "energy": 10.881967, "activity_lines": [ 9.428667, 9.814727, 10.000286, 9.591914 ] }, { "date": "2025-02-07", "close": 8.32, "volume": 1671727, "typical_volume": 2931221.3, "trend": 9.189667, "fair_value": 10.400728, "relative_strength": -20.561016, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.644533, "energy": 22.250035, "activity_lines": [ 8.946667, 9.468182, 9.885952, 9.532817 ] }, { "date": "2025-02-14", "close": 7.74, "volume": 1772978, "typical_volume": 2937806.75, "trend": 9.134, "fair_value": 10.386561, "relative_strength": -26.804837, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.279195, "energy": 47.86491, "activity_lines": [ 8.466, 9.097818, 9.70981, 9.43929 ] }, { "date": "2025-02-21", "close": 7.65, "volume": 2375158, "typical_volume": 2989480.0, "trend": 9.068667, "fair_value": 10.372587, "relative_strength": -26.23988, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.025898, "energy": 56.840827, "activity_lines": [ 8.088, 8.764909, 9.522619, 9.343548 ] }, { "date": "2025-02-28", "close": 7.25, "volume": 2061819, "typical_volume": 3010840.3, "trend": 9.013667, "fair_value": 10.356176, "relative_strength": -29.132267, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.126279, "energy": 60.974561, "activity_lines": [ 7.686667, 8.401818, 9.29419, 9.226215 ] }, { "date": "2025-03-07", "close": 6.93, "volume": 3628586, "typical_volume": 3027129.45, "trend": 8.952333, "fair_value": 10.338099, "relative_strength": -29.716207, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.194964, "energy": 67.732495, "activity_lines": [ 7.36, 8.023273, 9.033619, 9.091785 ] }, { "date": "2025-03-14", "close": 3.25, "volume": 26565492, "typical_volume": 4154880.75, "trend": 8.782667, "fair_value": 10.29592, "relative_strength": -65.766389, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.752862, "energy": 91.394211, "activity_lines": [ 5.917333, 7.037455, 8.428429, 8.723892 ] }, { "date": "2025-03-21", "close": 2.94, "volume": 6288746, "typical_volume": 4353576.05, "trend": 8.599667, "fair_value": 10.251561, "relative_strength": -68.616334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.091231, "energy": 95.969943, "activity_lines": [ 4.709333, 6.140545, 7.821238, 8.346946 ] }, { "date": "2025-03-28", "close": 2.69, "volume": 4079060, "typical_volume": 4450812.35, "trend": 8.407, "fair_value": 10.205535, "relative_strength": -70.262519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.967067, "energy": 94.536478, "activity_lines": [ 3.738, 5.321636, 7.216762, 7.965677 ] }, { "date": "2025-04-04", "close": 2.15, "volume": 4180948, "typical_volume": 4327757.45, "trend": 8.217333, "fair_value": 10.15592, "relative_strength": -73.322948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.921878, "energy": 93.800615, "activity_lines": [ 2.917333, 4.524727, 6.591333, 7.562 ] }, { "date": "2025-04-11", "close": 2.39, "volume": 4542131, "typical_volume": 4296691.25, "trend": 8.057333, "fair_value": 10.107779, "relative_strength": -71.397297, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.393382, "energy": 90.067939, "activity_lines": [ 2.516667, 3.913636, 6.038857, 7.186043 ] }, { "date": "2025-04-18", "close": 1.98, "volume": 2139382, "typical_volume": 4247218.4, "trend": 7.892, "fair_value": 10.057266, "relative_strength": -75.410693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.940058, "energy": 90.992119, "activity_lines": [ 2.282, 3.340727, 5.496143, 6.793957 ] }, { "date": "2025-04-25", "close": 1.73, "volume": 4315348, "typical_volume": 4281721.4, "trend": 7.709, "fair_value": 10.005407, "relative_strength": -78.952385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.535439, "energy": 90.282239, "activity_lines": [ 2.048667, 2.837636, 4.98119, 6.396409 ] }, { "date": "2025-05-02", "close": 1.86, "volume": 2968868, "typical_volume": 4292541.0, "trend": 7.538, "fair_value": 9.954446, "relative_strength": -77.473911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.690959, "energy": 88.256677, "activity_lines": [ 1.939333, 2.467455, 4.521333, 6.019054 ] }, { "date": "2025-05-09", "close": 1.9, "volume": 2012762, "typical_volume": 4256300.85, "trend": 7.371333, "fair_value": 9.90374, "relative_strength": -76.351948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.160186, "energy": 78.00041, "activity_lines": [ 1.898667, 2.209818, 4.104, 5.655312 ] }, { "date": "2025-05-16", "close": 1.69, "volume": 4498003, "typical_volume": 4380597.0, "trend": 7.155667, "fair_value": 9.851881, "relative_strength": -79.491622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.032059, "energy": 70.457183, "activity_lines": [ 1.804667, 2.011273, 3.703333, 5.288774 ] }, { "date": "2025-05-23", "close": 1.58, "volume": 3023662, "typical_volume": 4341770.35, "trend": 6.907333, "fair_value": 9.799253, "relative_strength": -79.827482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.570259, "energy": 67.908383, "activity_lines": [ 1.720667, 1.888, 3.333333, 4.929054 ] }, { "date": "2025-05-30", "close": 2.13, "volume": 16621199, "typical_volume": 5064088.6, "trend": 6.694667, "fair_value": 9.750151, "relative_strength": -72.635067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.35633, "energy": 63.921932, "activity_lines": [ 1.846667, 1.895091, 3.061714, 4.620839 ] }, { "date": "2025-06-06", "close": 2.92, "volume": 20177935, "typical_volume": 5937821.35, "trend": 6.489, "fair_value": 9.706048, "relative_strength": -62.323061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.763903, "energy": 55.275696, "activity_lines": [ 2.209333, 2.060545, 2.901524, 4.377312 ] }, { "date": "2025-06-13", "close": 2.5, "volume": 12155705, "typical_volume": 6415322.05, "trend": 6.15, "fair_value": 9.659381, "relative_strength": -66.884007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.323057, "energy": 54.192043, "activity_lines": [ 2.361333, 2.145455, 2.731714, 4.119957 ] }, { "date": "2025-06-20", "close": 2.15, "volume": 4927571, "typical_volume": 6500354.0, "trend": 5.800333, "fair_value": 9.610407, "relative_strength": -70.802377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.675064, "energy": 49.328309, "activity_lines": [ 2.356667, 2.160364, 2.564143, 3.861892 ] }, { "date": "2025-06-27", "close": 2.48, "volume": 10909243, "typical_volume": 6962229.8, "trend": 5.456, "fair_value": 9.563548, "relative_strength": -66.714453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.821535, "energy": 44.913227, "activity_lines": [ 2.431333, 2.239636, 2.458667, 3.647677 ] }, { "date": "2025-07-04", "close": 3.15, "volume": 6819784, "typical_volume": 7214570.1, "trend": 5.204333, "fair_value": 9.520984, "relative_strength": -57.602907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.977634, "energy": 38.021041, "activity_lines": [ 2.669333, 2.431636, 2.44481, 3.498903 ] }, { "date": "2025-07-11", "close": 3.31, "volume": 10117133, "typical_volume": 7601668.85, "trend": 4.981667, "fair_value": 9.47951, "relative_strength": -54.423037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.13474, "energy": 22.256474, "activity_lines": [ 2.892667, 2.626909, 2.468048, 3.376688 ] }, { "date": "2025-07-18", "close": 2.79, "volume": 12084953, "typical_volume": 8102825.55, "trend": 4.754667, "fair_value": 9.434574, "relative_strength": -60.994157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.30504, "energy": 22.3615, "activity_lines": [ 2.916667, 2.701273, 2.462429, 3.23529 ] }, { "date": "2025-07-25", "close": 2.8, "volume": 7353584, "typical_volume": 8289075.45, "trend": 4.503667, "fair_value": 9.38967, "relative_strength": -60.54213, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -14.896369, "energy": 20.682398, "activity_lines": [ 2.924667, 2.761273, 2.479, 3.109183 ] }, { "date": "2025-08-01", "close": 2.63, "volume": 11069684, "typical_volume": 7514285.05, "trend": 4.216667, "fair_value": 9.343708, "relative_strength": -61.170986, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -16.110448, "energy": 12.935926, "activity_lines": [ 2.832667, 2.770182, 2.499048, 2.988301 ] }, { "date": "2025-08-08", "close": 2.69, "volume": 4264061, "typical_volume": 7413050.8, "trend": 3.982, "fair_value": 9.298067, "relative_strength": -60.378928, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.917481, "energy": 19.715809, "activity_lines": [ 2.750667, 2.770909, 2.527762, 2.889806 ] }, { "date": "2025-08-15", "close": 2.38, "volume": 8953382, "typical_volume": 7656766.9, "trend": 3.751333, "fair_value": 9.250503, "relative_strength": -64.547993, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.764302, "energy": 24.597389, "activity_lines": [ 2.596, 2.705091, 2.528143, 2.786452 ] }, { "date": "2025-08-22", "close": 2.53, "volume": 5855777, "typical_volume": 7740508.35, "trend": 3.503333, "fair_value": 9.203965, "relative_strength": -61.626254, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.725383, "energy": 23.150954, "activity_lines": [ 2.553333, 2.676364, 2.544286, 2.707656 ] }, { "date": "2025-08-29", "close": 2.55, "volume": 3637222, "typical_volume": 7695262.9, "trend": 3.302, "fair_value": 9.157042, "relative_strength": -60.469516, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.119198, "energy": 22.271656, "activity_lines": [ 2.534667, 2.650727, 2.560524, 2.646151 ] }, { "date": "2025-09-05", "close": 2.2, "volume": 2825246, "typical_volume": 7729556.1, "trend": 3.098, "fair_value": 9.107939, "relative_strength": -65.256349, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.146944, "energy": 30.553151, "activity_lines": [ 2.416, 2.554182, 2.542667, 2.575054 ] }, { "date": "2025-09-12", "close": 2.1, "volume": 3362377, "typical_volume": 7681907.55, "trend": 2.91, "fair_value": 9.05826, "relative_strength": -66.710115, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.100935, "energy": 36.057543, "activity_lines": [ 2.292667, 2.444545, 2.514238, 2.510667 ] }, { "date": "2025-09-19", "close": 2.44, "volume": 5986926, "typical_volume": 7832810.45, "trend": 2.736333, "fair_value": 9.010792, "relative_strength": -61.117431, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.754205, "energy": 33.846998, "activity_lines": [ 2.322, 2.415818, 2.516429, 2.480344 ] }, { "date": "2025-09-26", "close": 3.03, "volume": 7822094, "typical_volume": 8123277.05, "trend": 2.595667, "fair_value": 8.967074, "relative_strength": -50.756165, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -4.578482, "energy": 6.636846, "activity_lines": [ 2.544, 2.510182, 2.572048, 2.49929 ] }, { "date": "2025-10-03", "close": 3.38, "volume": 5333590, "typical_volume": 8165056.4, "trend": 2.477333, "fair_value": 8.925599, "relative_strength": -44.842087, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.793455, "energy": 47.922388, "activity_lines": [ 2.849333, 2.663818, 2.655619, 2.549892 ] }, { "date": "2025-10-10", "close": 3.76, "volume": 17283399, "typical_volume": 8878043.25, "trend": 2.494333, "fair_value": 8.886497, "relative_strength": -36.277693, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.531434, "energy": 70.649785, "activity_lines": [ 3.226, 2.876, 2.767333, 2.632645 ] }, { "date": "2025-10-17", "close": 3.58, "volume": 15221594, "typical_volume": 8808063.0, "trend": 2.515667, "fair_value": 8.845663, "relative_strength": -39.236378, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.158888, "energy": 71.589511, "activity_lines": [ 3.438667, 3.034909, 2.851524, 2.702688 ] }, { "date": "2025-10-24", "close": 3.66, "volume": 10406379, "typical_volume": 8319485.2, "trend": 2.548, "fair_value": 8.805311, "relative_strength": -37.654813, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.805788, "energy": 72.864276, "activity_lines": [ 3.579333, 3.192182, 2.936429, 2.776516 ] }, { "date": "2025-10-31", "close": 3.82, "volume": 12782322, "typical_volume": 8350816.05, "trend": 2.603667, "fair_value": 8.76608, "relative_strength": -33.999777, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.882229, "energy": 71.664178, "activity_lines": [ 3.692, 3.355273, 3.033048, 2.858581 ] }, { "date": "2025-11-07", "close": 3.43, "volume": 7474540, "typical_volume": 8478164.5, "trend": 2.638333, "fair_value": 8.724221, "relative_strength": -38.323357, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.779656, "energy": 43.827088, "activity_lines": [ 3.622, 3.424, 3.086238, 2.911892 ] }, { "date": "2025-11-14", "close": 2.82, "volume": 8151065, "typical_volume": 8340255.6, "trend": 2.666333, "fair_value": 8.678388, "relative_strength": -47.196586, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.378375, "energy": 25.015317, "activity_lines": [ 3.345333, 3.365818, 3.075238, 2.923613 ] }, { "date": "2025-11-21", "close": 2.49, "volume": 8039616, "typical_volume": 8401247.2, "trend": 2.691667, "fair_value": 8.630343, "relative_strength": -50.335644, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.365665, "energy": 12.739998, "activity_lines": [ 3.021333, 3.236364, 3.03119, 2.912237 ] }, { "date": "2025-11-28", "close": 2.9, "volume": 4326083, "typical_volume": 8111694.7, "trend": 2.726333, "fair_value": 8.58483, "relative_strength": -41.672989, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.994739, "energy": 18.96931, "activity_lines": [ 2.906667, 3.174364, 3.029333, 2.925677 ] }, { "date": "2025-12-05", "close": 2.85, "volume": 4357506, "typical_volume": 7725322.35, "trend": 2.758, "fair_value": 8.537651, "relative_strength": -40.730735, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.022273, "energy": 19.76606, "activity_lines": [ 2.826, 3.094909, 3.024667, 2.933656 ] }, { "date": "2025-12-12", "close": 2.59, "volume": 3017232, "typical_volume": 7508504.75, "trend": 2.788, "fair_value": 8.488612, "relative_strength": -43.834999, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.178715, "energy": 18.059606, "activity_lines": [ 2.723333, 2.971455, 2.994952, 2.922817 ] }, { "date": "2025-12-19", "close": 2.32, "volume": 4563022, "typical_volume": 7183171.65, "trend": 2.812667, "fair_value": 8.437907, "relative_strength": -47.82485, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.388628, "energy": 22.091407, "activity_lines": [ 2.586667, 2.813273, 2.940524, 2.892624 ] }, { "date": "2025-12-26", "close": 2.19, "volume": 4818437, "typical_volume": 7210890.45, "trend": 2.814667, "fair_value": 8.386753, "relative_strength": -49.293952, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.551841, "energy": 34.991813, "activity_lines": [ 2.44, 2.657636, 2.87519, 2.852452 ] }, { "date": "2026-01-02", "close": 2.51, "volume": 6246650, "typical_volume": 7075553.85, "trend": 2.801, "fair_value": 8.337715, "relative_strength": -38.332634, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.101002, "energy": 32.096766, "activity_lines": [ 2.42, 2.585455, 2.842714, 2.832796 ] }, { "date": "2026-01-09", "close": 2.78, "volume": 3896549, "typical_volume": 6977592.45, "trend": 2.810333, "fair_value": 8.290311, "relative_strength": -29.838373, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.548893, "energy": 25.587477, "activity_lines": [ 2.516, 2.583273, 2.835333, 2.831441 ] }, { "date": "2026-01-16", "close": 2.64, "volume": 4668328, "typical_volume": 7029147.75, "trend": 2.826667, "fair_value": 8.241593, "relative_strength": -30.340516, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -49.940993, "energy": 27.386936, "activity_lines": [ 2.57, 2.574545, 2.813429, 2.820452 ] }, { "date": "2026-01-23", "close": 2.44, "volume": 2903509, "typical_volume": 7033060.9, "trend": 2.825333, "fair_value": 8.191689, "relative_strength": -32.289379, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.19916, "energy": 22.019156, "activity_lines": [ 2.554, 2.543818, 2.772048, 2.795505 ] }, { "date": "2026-01-30", "close": 2.37, "volume": 4321336, "typical_volume": 7081008.85, "trend": 2.799333, "fair_value": 8.141337, "relative_strength": -31.726102, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.352662, "energy": 27.459947, "activity_lines": [ 2.506667, 2.507273, 2.722857, 2.766129 ] }, { "date": "2026-02-06", "close": 2.14, "volume": 3896408, "typical_volume": 6976482.95, "trend": 2.760333, "fair_value": 8.089413, "relative_strength": -35.534608, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.155637, "energy": 51.575908, "activity_lines": [ 2.370667, 2.431091, 2.650476, 2.723591 ] }, { "date": "2026-02-13", "close": 2.13, "volume": 4711025, "typical_volume": 6820929.5, "trend": 2.738333, "fair_value": 8.037522, "relative_strength": -32.371338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.773909, "energy": 69.048891, "activity_lines": [ 2.256, 2.366909, 2.578571, 2.682925 ] }, { "date": "2026-02-20", "close": 1.96, "volume": 2710800, "typical_volume": 6689790.0, "trend": 2.710333, "fair_value": 7.984606, "relative_strength": -35.773193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.864774, "energy": 78.728002, "activity_lines": [ 2.128, 2.284909, 2.494762, 2.63271 ] }, { "date": "2026-02-27", "close": 1.93, "volume": 4173408, "typical_volume": 6034290.45, "trend": 2.687, "fair_value": 7.931144, "relative_strength": -33.693452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.847341, "energy": 82.371767, "activity_lines": [ 2.035333, 2.208909, 2.414857, 2.582366 ] }, { "date": "2026-03-06", "close": 1.95, "volume": 4296494, "typical_volume": 5488035.45, "trend": 2.662333, "fair_value": 7.878003, "relative_strength": -28.651466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.376168, "energy": 80.190566, "activity_lines": [ 1.983333, 2.143636, 2.345571, 2.534817 ] }, { "date": "2026-03-13", "close": 1.71, "volume": 4822655, "typical_volume": 5208849.25, "trend": 2.64, "fair_value": 7.823452, "relative_strength": -35.484486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.995428, "energy": 84.984503, "activity_lines": [ 1.879333, 2.039091, 2.26119, 2.473376 ] }, { "date": "2026-03-20", "close": 1.67, "volume": 4374953, "typical_volume": 4788480.8, "trend": 2.611333, "fair_value": 7.76858, "relative_strength": -34.998202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.905289, "energy": 82.978892, "activity_lines": [ 1.790667, 1.941818, 2.182286, 2.410796 ] }, { "date": "2026-03-27", "close": 1.56, "volume": 3195814, "typical_volume": 4574544.5, "trend": 2.578333, "fair_value": 7.712971, "relative_strength": -37.149765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.239969, "energy": 82.021914, "activity_lines": [ 1.696, 1.844727, 2.103143, 2.342968 ] }, { "date": "2026-04-03", "close": 1.56, "volume": 2955661, "typical_volume": 4314774.3, "trend": 2.557, "fair_value": 7.657138, "relative_strength": -38.652945, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.014544, "energy": 83.984157, "activity_lines": [ 1.628, 1.767273, 2.032905, 2.277269 ] }, { "date": "2026-04-10", "close": 1.51, "volume": 1747888, "typical_volume": 4000187.9, "trend": 2.537333, "fair_value": 7.600984, "relative_strength": -42.021456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.318493, "energy": 81.805136, "activity_lines": [ 1.568, 1.696727, 1.963905, 2.20972 ] }, { "date": "2026-04-17", "close": 1.69, "volume": 3703517, "typical_volume": 3969059.6, "trend": 2.512333, "fair_value": 7.546048, "relative_strength": -37.466562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.844701, "energy": 63.640617, "activity_lines": [ 1.597333, 1.674545, 1.916714, 2.155054 ] }, { "date": "2026-04-24", "close": 1.73, "volume": 2506297, "typical_volume": 3876499.15, "trend": 2.469, "fair_value": 7.49092, "relative_strength": -36.083454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.351583, "energy": 54.050117, "activity_lines": [ 1.641333, 1.667818, 1.879095, 2.104581 ] }, { "date": "2026-05-01", "close": 1.99, "volume": 3649414, "typical_volume": 3908108.25, "trend": 2.422667, "fair_value": 7.437651, "relative_strength": -26.955295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.766335, "energy": 35.067722, "activity_lines": [ 1.768, 1.715636, 1.871571, 2.073677 ] }, { "date": "2026-05-08", "close": 2.0, "volume": 4146514, "typical_volume": 3887282.85, "trend": 2.364, "fair_value": 7.384263, "relative_strength": -28.02309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.549504, "energy": 25.477992, "activity_lines": [ 1.869333, 1.764727, 1.867857, 2.046409 ] }, { "date": "2026-05-15", "close": 2.13, "volume": 7669360, "typical_volume": 4029829.0, "trend": 2.315667, "fair_value": 7.331795, "relative_strength": -23.507217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.085695, "energy": 21.484178, "activity_lines": [ 1.984667, 1.836182, 1.878048, 2.031312 ] }, { "date": "2026-05-22", "close": 1.93, "volume": 3588193, "typical_volume": 3896906.15, "trend": 2.258, "fair_value": 7.277949, "relative_strength": -31.230937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.238655, "energy": 21.558579, "activity_lines": [ 1.992, 1.868, 1.869476, 2.00643 ] }, { "date": "2026-05-29", "close": 2.01, "volume": 3526332, "typical_volume": 3878395.3, "trend": 2.197667, "fair_value": 7.224551, "relative_strength": -29.044759, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.882508, "energy": 16.26193, "activity_lines": [ 2.01, 1.910364, 1.871286, 1.99043 ] }, { "date": "2026-06-05", "close": 1.66, "volume": 4896602, "typical_volume": 3889809.0, "trend": 2.138667, "fair_value": 7.141538, "relative_strength": -39.057721, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.902237, "energy": 14.394198, "activity_lines": [ 1.892667, 1.882909, 1.843429, 1.955742 ] }, { "date": "2026-06-12", "close": 1.7, "volume": 2983863, "typical_volume": 3893826.7, "trend": 2.101333, "fair_value": 7.075962, "relative_strength": -37.308088, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.067994, "energy": 24.958646, "activity_lines": [ 1.810667, 1.860909, 1.824048, 1.927441 ] }, { "date": "2026-06-19", "close": 1.83, "volume": 2999710, "typical_volume": 3827745.4, "trend": 2.079333, "fair_value": 7.009038, "relative_strength": -32.709194, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.349149, "energy": 23.229464, "activity_lines": [ 1.792, 1.86, 1.820571, 1.909935 ] }, { "date": "2026-06-26", "close": 1.64, "volume": 5745901, "typical_volume": 3920220.05, "trend": 2.037333, "fair_value": 6.936218, "relative_strength": -37.625254, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.197946, "energy": 33.545962, "activity_lines": [ 1.73, 1.818727, 1.801571, 1.881591 ] }, { "date": "2026-07-03", "close": 1.65, "volume": 2300867, "typical_volume": 3799712.15, "trend": 1.997333, "fair_value": 6.867564, "relative_strength": -37.618281, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.038607, "energy": 41.277281, "activity_lines": [ 1.690667, 1.780182, 1.785905, 1.856602 ] }, { "date": "2026-07-10", "close": 1.56, "volume": 3540194, "typical_volume": 3841181.85, "trend": 1.963, "fair_value": 6.794615, "relative_strength": -40.756779, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.760255, "energy": 44.568019, "activity_lines": [ 1.645333, 1.726727, 1.763952, 1.828387 ] }, { "date": "2026-07-17", "close": 1.54, "volume": 4157731, "typical_volume": 3840398.0, "trend": 1.937, "fair_value": 6.720897, "relative_strength": -39.794601, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.66129, "energy": 51.03254, "activity_lines": [ 1.6, 1.677455, 1.742, 1.801097 ] }, { "date": "2026-07-24", "close": 1.41, "volume": 3452164, "typical_volume": 3798181.5, "trend": 1.911, "fair_value": 6.652949, "relative_strength": -43.754751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.794781, "energy": 56.811435, "activity_lines": [ 1.522, 1.612909, 1.709524, 1.767097 ] }, { "date": "2026-07-31", "close": 1.43, "volume": 3106621, "typical_volume": 3712379.8, "trend": 1.875, "fair_value": 6.578974, "relative_strength": -42.80951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.662986, "energy": 58.351324, "activity_lines": [ 1.478667, 1.565091, 1.681524, 1.736065 ] }, { "date": "2026-08-07", "close": 1.52, "volume": 2182500, "typical_volume": 3602757.15, "trend": 1.833, "fair_value": 6.503846, "relative_strength": -40.4848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.792177, "energy": 52.410627, "activity_lines": [ 1.479333, 1.542727, 1.663429, 1.713161 ] } ], "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." } } }