{ "ticker": { "uuid": "36a83e2d-395b-4e46-b2eb-7d13090b2b79", "symbol": "TH", "name": "Tong Hua Holding Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 62.882, "architecture_energy": 55.065, "architecture_maturity": 10.87, "architecture_confidence": 74.556, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 28.24, "rotation_up": 65.55, "upward_expansion": 86.72, "deceleration": 43.82, "rotation_down": 12.63, "downward_expansion": 11.05 }, "activity_lines": [ 0.500667, 0.491636, 0.480048, 0.475484 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 0.51, "trend_reference": 0.469667, "distance_from_trend": 0.085877, "trend_direction": "Improving", "fair_value": 0.765962, "distance_from_fair_value": -0.33417, "fair_value_direction": "Improving", "relative_strength": -11.116515, "relative_strength_direction": "Improving", "price_momentum": 0.186047, "excess_performance": -0.006279, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085877, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.00571, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.33417, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.120375, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.111165, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.148261, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.186047, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.291587, "read": "Demand-led" } ], "volume": { "latest": 8359900, "relative_activity": 1.257289, "balance": 7.291587, "dry_up": 1.250682, "accumulation_observations": 6, "distribution_observations": 0 }, "risk": { "range_context": 0.072398, "annualized_volatility": 0.35983, "from_high_reference": -0.190476, "from_low_reference": 0.214286 }, "levels": { "trend_reference": 0.469667, "fair_value_reference": 0.765962, "structural_low": 0.43, "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": 11, "median_return": 0.043796, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": 0.054721, "regime_survival": 0.727273, "best_return": 0.360465, "worst_return": -0.215385, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.359718, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.326035, "regime_survival": 0.5, "best_return": 1.29021, "worst_return": -0.334351, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.64778, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.633027, "regime_survival": 0.0, "best_return": 0.771084, "worst_return": 0.524476, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 1.614458, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 1.610734, "regime_survival": 0.0, "best_return": 1.614458, "worst_return": 1.614458, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-09-01", "end": "2023-09-29", "tenure": "Developing", "return": -0.275862, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-06", "end": "2023-10-27", "tenure": "New", "return": -0.042735, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-03", "end": "2023-12-29", "tenure": "Developing", "return": 0.016807, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-05", "end": "2024-03-01", "tenure": "Developing", "return": -0.215385, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-08", "end": "2024-09-06", "tenure": "Extended", "return": -0.055556, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-13", "end": "2024-11-29", "tenure": "Developing", "return": -0.262626, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-06", "end": "2025-01-10", "tenure": "Developing", "return": -0.146667, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-05-09", "tenure": "Established", "return": -0.031746, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-06-13", "tenure": "Developing", "return": -0.126984, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-20", "end": "2025-07-25", "tenure": "Developing", "return": 0.153846, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-10-31", "tenure": "Established", "return": -0.131148, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2026-05-29", "tenure": "Extended", "return": -0.098039, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-07-24", "tenure": "Developing", "return": -0.039216, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.02, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.56, "volume": 262948500, "typical_volume": 64920525.0, "trend": 1.616, "fair_value": 2.426731, "relative_strength": -30.576277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.129121, "energy": 23.519626, "activity_lines": [ 1.372667, 1.220364, 1.245381, 1.375032 ] }, { "date": "2023-08-25", "close": 1.66, "volume": 142386500, "typical_volume": 70762360.0, "trend": 1.583333, "fair_value": 2.434167, "relative_strength": -26.210545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 19.069389, "energy": 38.452925, "activity_lines": [ 1.504667, 1.313818, 1.276238, 1.377871 ] }, { "date": "2023-09-01", "close": 1.74, "volume": 166543800, "typical_volume": 78475260.0, "trend": 1.546, "fair_value": 2.442179, "relative_strength": -20.929947, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.838924, "energy": 48.792286, "activity_lines": [ 1.611333, 1.412909, 1.315238, 1.387978 ] }, { "date": "2023-09-08", "close": 1.52, "volume": 102014000, "typical_volume": 81990660.0, "trend": 1.514, "fair_value": 2.448846, "relative_strength": -28.606427, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.1793, "energy": 38.730747, "activity_lines": [ 1.6, 1.459091, 1.333476, 1.386301 ] }, { "date": "2023-09-15", "close": 1.48, "volume": 110038000, "typical_volume": 85501755.0, "trend": 1.492667, "fair_value": 2.455321, "relative_strength": -28.516315, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.43666, "energy": 42.235952, "activity_lines": [ 1.572, 1.488727, 1.349095, 1.384108 ] }, { "date": "2023-09-22", "close": 1.42, "volume": 70025300, "typical_volume": 88441680.0, "trend": 1.469333, "fair_value": 2.461282, "relative_strength": -28.699669, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.208013, "energy": 22.432583, "activity_lines": [ 1.514667, 1.498364, 1.358952, 1.379419 ] }, { "date": "2023-09-29", "close": 1.26, "volume": 100384300, "typical_volume": 91298760.0, "trend": 1.444, "fair_value": 2.466282, "relative_strength": -32.895899, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -13.26715, "energy": 13.402085, "activity_lines": [ 1.413333, 1.470364, 1.353714, 1.365914 ] }, { "date": "2023-10-06", "close": 1.17, "volume": 33233800, "typical_volume": 91817875.0, "trend": 1.415667, "fair_value": 2.470705, "relative_strength": -34.565487, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.769991, "energy": 25.104958, "activity_lines": [ 1.308667, 1.419091, 1.340952, 1.348237 ] }, { "date": "2023-10-13", "close": 1.21, "volume": 40899000, "typical_volume": 92250365.0, "trend": 1.395, "fair_value": 2.475385, "relative_strength": -31.128424, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.83111, "energy": 33.769729, "activity_lines": [ 1.255333, 1.373273, 1.332905, 1.334968 ] }, { "date": "2023-10-20", "close": 1.12, "volume": 19536600, "typical_volume": 91442650.0, "trend": 1.371667, "fair_value": 2.479359, "relative_strength": -32.186374, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.207926, "energy": 42.482808, "activity_lines": [ 1.192667, 1.315818, 1.317143, 1.317226 ] }, { "date": "2023-10-27", "close": 1.12, "volume": 14476500, "typical_volume": 91364145.0, "trend": 1.347333, "fair_value": 2.483397, "relative_strength": -29.758867, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.595157, "energy": 48.009242, "activity_lines": [ 1.154, 1.262364, 1.302619, 1.300989 ] }, { "date": "2023-11-03", "close": 1.19, "volume": 32002200, "typical_volume": 91271005.0, "trend": 1.328, "fair_value": 2.488013, "relative_strength": -25.037542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.530131, "energy": 45.674557, "activity_lines": [ 1.158667, 1.229636, 1.296143, 1.290839 ] }, { "date": "2023-11-10", "close": 1.05, "volume": 24395900, "typical_volume": 89669070.0, "trend": 1.303667, "fair_value": 2.491603, "relative_strength": -30.444785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.459919, "energy": 52.733636, "activity_lines": [ 1.121333, 1.18, 1.276238, 1.272903 ] }, { "date": "2023-11-17", "close": 1.15, "volume": 25182400, "typical_volume": 89613995.0, "trend": 1.283, "fair_value": 2.495962, "relative_strength": -23.84191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.562877, "energy": 43.551501, "activity_lines": [ 1.125333, 1.161091, 1.265762, 1.262989 ] }, { "date": "2023-11-24", "close": 1.14, "volume": 142568100, "typical_volume": 96238565.0, "trend": 1.272, "fair_value": 2.500256, "relative_strength": -22.33983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.502225, "energy": 33.477674, "activity_lines": [ 1.13, 1.147091, 1.253667, 1.253763 ] }, { "date": "2023-12-01", "close": 1.1, "volume": 27064400, "typical_volume": 96983760.0, "trend": 1.260333, "fair_value": 2.504295, "relative_strength": -23.026498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.584386, "energy": 35.304934, "activity_lines": [ 1.12, 1.132, 1.237, 1.242667 ] }, { "date": "2023-12-08", "close": 1.09, "volume": 13967300, "typical_volume": 96692325.0, "trend": 1.247333, "fair_value": 2.508333, "relative_strength": -22.775006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.035691, "energy": 36.723279, "activity_lines": [ 1.108, 1.120909, 1.218667, 1.231677 ] }, { "date": "2023-12-15", "close": 1.07, "volume": 13474900, "typical_volume": 91576375.0, "trend": 1.237667, "fair_value": 2.512051, "relative_strength": -23.93055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.228531, "energy": 41.984499, "activity_lines": [ 1.096, 1.109273, 1.197429, 1.220237 ] }, { "date": "2023-12-22", "close": 1.24, "volume": 108799900, "typical_volume": 82338710.0, "trend": 1.232667, "fair_value": 2.516859, "relative_strength": -12.031326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.55537, "energy": 23.021736, "activity_lines": [ 1.139333, 1.130364, 1.192381, 1.220387 ] }, { "date": "2023-12-29", "close": 1.21, "volume": 63905100, "typical_volume": 75692325.0, "trend": 1.227, "fair_value": 2.521474, "relative_strength": -13.647398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.711331, "energy": 17.959254, "activity_lines": [ 1.166667, 1.145455, 1.185571, 1.218925 ] }, { "date": "2024-01-05", "close": 1.3, "volume": 126669100, "typical_volume": 68878355.0, "trend": 1.223333, "fair_value": 2.526667, "relative_strength": -7.261831, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.412663, "energy": 13.509166, "activity_lines": [ 1.219333, 1.175273, 1.187952, 1.223634 ] }, { "date": "2024-01-12", "close": 1.25, "volume": 61676900, "typical_volume": 64842875.0, "trend": 1.226, "fair_value": 2.531538, "relative_strength": -8.842916, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.179922, "energy": 17.249108, "activity_lines": [ 1.242, 1.192727, 1.18681, 1.225355 ] }, { "date": "2024-01-19", "close": 1.22, "volume": 29362100, "typical_volume": 57983790.0, "trend": 1.232333, "fair_value": 2.536282, "relative_strength": -7.924528, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.129688, "energy": 15.394403, "activity_lines": [ 1.244, 1.203636, 1.184762, 1.224968 ] }, { "date": "2024-01-26", "close": 1.27, "volume": 57132400, "typical_volume": 55739710.0, "trend": 1.241, "fair_value": 2.541346, "relative_strength": -1.881042, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.489407, "energy": 17.552832, "activity_lines": [ 1.252667, 1.220545, 1.189952, 1.227398 ] }, { "date": "2024-02-02", "close": 1.19, "volume": 39235100, "typical_volume": 52199565.0, "trend": 1.248, "fair_value": 2.545897, "relative_strength": -7.552328, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.029733, "energy": 9.254892, "activity_lines": [ 1.232667, 1.220727, 1.188714, 1.224108 ] }, { "date": "2024-02-09", "close": 1.16, "volume": 38196400, "typical_volume": 50608120.0, "trend": 1.255, "fair_value": 2.550192, "relative_strength": -8.929136, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.482858, "energy": 13.280899, "activity_lines": [ 1.204, 1.214545, 1.186, 1.21843 ] }, { "date": "2024-02-16", "close": 1.15, "volume": 23112000, "typical_volume": 46744505.0, "trend": 1.264, "fair_value": 2.554231, "relative_strength": -8.708712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.093085, "energy": 18.417215, "activity_lines": [ 1.181333, 1.205455, 1.183571, 1.211656 ] }, { "date": "2024-02-23", "close": 1.13, "volume": 9037300, "typical_volume": 45534680.0, "trend": 1.266, "fair_value": 2.558077, "relative_strength": -10.12752, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.765724, "energy": 26.755693, "activity_lines": [ 1.158667, 1.191636, 1.179762, 1.203011 ] }, { "date": "2024-03-01", "close": 1.02, "volume": 15813100, "typical_volume": 44280385.0, "trend": 1.251, "fair_value": 2.561282, "relative_strength": -16.136971, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.37681, "energy": 55.318019, "activity_lines": [ 1.105333, 1.156727, 1.165667, 1.18714 ] }, { "date": "2024-03-08", "close": 1.08, "volume": 32952200, "typical_volume": 44951165.0, "trend": 1.242333, "fair_value": 2.563269, "relative_strength": -11.494993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.359857, "energy": 53.540326, "activity_lines": [ 1.088667, 1.136727, 1.15819, 1.176108 ] }, { "date": "2024-03-15", "close": 1.1, "volume": 13090200, "typical_volume": 44881850.0, "trend": 1.227, "fair_value": 2.565449, "relative_strength": -9.083005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.956237, "energy": 51.970642, "activity_lines": [ 1.086, 1.122727, 1.15281, 1.166925 ] }, { "date": "2024-03-22", "close": 1.06, "volume": 11145700, "typical_volume": 43839025.0, "trend": 1.207, "fair_value": 2.567308, "relative_strength": -11.337872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.277763, "energy": 53.559722, "activity_lines": [ 1.074, 1.105091, 1.143714, 1.156151 ] }, { "date": "2024-03-29", "close": 1.07, "volume": 8975200, "typical_volume": 43067990.0, "trend": 1.184667, "fair_value": 2.569231, "relative_strength": -9.550338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.064877, "energy": 36.243888, "activity_lines": [ 1.071333, 1.092727, 1.13619, 1.147312 ] }, { "date": "2024-04-05", "close": 1.01, "volume": 12359200, "typical_volume": 42426830.0, "trend": 1.167667, "fair_value": 2.570577, "relative_strength": -13.725784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.829829, "energy": 49.720597, "activity_lines": [ 1.052667, 1.072182, 1.122857, 1.136043 ] }, { "date": "2024-04-12", "close": 1.03, "volume": 4412900, "typical_volume": 35519070.0, "trend": 1.152667, "fair_value": 2.572372, "relative_strength": -12.577277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.534844, "energy": 55.119404, "activity_lines": [ 1.041333, 1.06, 1.112095, 1.127161 ] }, { "date": "2024-04-19", "close": 1.03, "volume": 0, "typical_volume": 34165850.0, "trend": 1.139667, "fair_value": 2.57391, "relative_strength": -7.593694, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.021447, "energy": 55.743285, "activity_lines": [ 1.033333, 1.050727, 1.101857, 1.119247 ] }, { "date": "2024-04-26", "close": 0.95, "volume": 12319900, "typical_volume": 34083480.0, "trend": 1.129333, "fair_value": 2.573013, "relative_strength": -16.009669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.267409, "energy": 72.428656, "activity_lines": [ 1.003333, 1.029273, 1.084333, 1.107011 ] }, { "date": "2024-05-03", "close": 0.93, "volume": 5276000, "typical_volume": 33673535.0, "trend": 1.121333, "fair_value": 2.571154, "relative_strength": -17.870236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.545682, "energy": 80.314527, "activity_lines": [ 0.974, 1.007818, 1.065571, 1.094151 ] }, { "date": "2024-05-10", "close": 0.96, "volume": 16718900, "typical_volume": 29069485.0, "trend": 1.113, "fair_value": 2.571218, "relative_strength": -14.851682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.46517, "energy": 75.976887, "activity_lines": [ 0.964, 0.995455, 1.050333, 1.083742 ] }, { "date": "2024-05-17", "close": 1.02, "volume": 8623100, "typical_volume": 26305385.0, "trend": 1.109667, "fair_value": 2.566538, "relative_strength": -9.897791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.933398, "energy": 63.393026, "activity_lines": [ 0.977333, 0.995091, 1.042143, 1.077742 ] }, { "date": "2024-05-24", "close": 0.95, "volume": 7022700, "typical_volume": 20323065.0, "trend": 1.104, "fair_value": 2.559872, "relative_strength": -14.536838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.958725, "energy": 50.260597, "activity_lines": [ 0.968, 0.983091, 1.02819, 1.067441 ] }, { "date": "2024-05-31", "close": 0.93, "volume": 6077700, "typical_volume": 17543105.0, "trend": 1.095333, "fair_value": 2.553077, "relative_strength": -14.743041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.759054, "energy": 51.251607, "activity_lines": [ 0.957333, 0.970182, 1.014, 1.056215 ] }, { "date": "2024-06-07", "close": 0.84, "volume": 11306900, "typical_volume": 16640345.0, "trend": 1.088333, "fair_value": 2.545128, "relative_strength": -21.73397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.792565, "energy": 73.012734, "activity_lines": [ 0.918, 0.943273, 0.992762, 1.039742 ] }, { "date": "2024-06-14", "close": 0.8, "volume": 9379600, "typical_volume": 14252705.0, "trend": 1.076667, "fair_value": 2.537179, "relative_strength": -23.715974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.558247, "energy": 93.088702, "activity_lines": [ 0.871333, 0.913273, 0.969524, 1.02114 ] }, { "date": "2024-06-21", "close": 0.75, "volume": 5865400, "typical_volume": 12584220.0, "trend": 1.063667, "fair_value": 2.529167, "relative_strength": -28.286415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.005059, "energy": 94.411966, "activity_lines": [ 0.818667, 0.878, 0.943762, 1.000065 ] }, { "date": "2024-06-28", "close": 0.74, "volume": 8649300, "typical_volume": 11106865.0, "trend": 1.051667, "fair_value": 2.521603, "relative_strength": -28.769699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.680058, "energy": 93.064855, "activity_lines": [ 0.780667, 0.846, 0.919143, 0.979183 ] }, { "date": "2024-07-05", "close": 0.77, "volume": 9125300, "typical_volume": 10407530.0, "trend": 1.041, "fair_value": 2.515897, "relative_strength": -26.379937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.016964, "energy": 87.233274, "activity_lines": [ 0.766667, 0.824727, 0.899381, 0.961011 ] }, { "date": "2024-07-12", "close": 0.82, "volume": 7041700, "typical_volume": 10307750.0, "trend": 1.032667, "fair_value": 2.509551, "relative_strength": -22.760394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.940971, "energy": 69.863502, "activity_lines": [ 0.78, 0.815818, 0.88619, 0.946753 ] }, { "date": "2024-07-19", "close": 0.71, "volume": 10746200, "typical_volume": 10054405.0, "trend": 1.015, "fair_value": 2.501795, "relative_strength": -32.305797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.496247, "energy": 67.02088, "activity_lines": [ 0.758, 0.788909, 0.864, 0.925935 ] }, { "date": "2024-07-26", "close": 0.71, "volume": 4844300, "typical_volume": 8649010.0, "trend": 0.998333, "fair_value": 2.493974, "relative_strength": -31.543263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.608697, "energy": 65.691069, "activity_lines": [ 0.742, 0.766545, 0.843286, 0.906258 ] }, { "date": "2024-08-02", "close": 0.69, "volume": 3238900, "typical_volume": 8156445.0, "trend": 0.978, "fair_value": 2.486346, "relative_strength": -33.063254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.743298, "energy": 66.037081, "activity_lines": [ 0.722, 0.746182, 0.822429, 0.886366 ] }, { "date": "2024-08-09", "close": 0.63, "volume": 4590200, "typical_volume": 7828670.0, "trend": 0.957333, "fair_value": 2.478526, "relative_strength": -37.537065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.260981, "energy": 71.985787, "activity_lines": [ 0.685333, 0.719636, 0.79781, 0.863914 ] }, { "date": "2024-08-16", "close": 0.79, "volume": 14119000, "typical_volume": 8085860.0, "trend": 0.943, "fair_value": 2.471474, "relative_strength": -21.21034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.388974, "energy": 56.761401, "activity_lines": [ 0.711333, 0.727636, 0.790476, 0.853118 ] }, { "date": "2024-08-23", "close": 0.9, "volume": 43423800, "typical_volume": 9639090.0, "trend": 0.930667, "fair_value": 2.463654, "relative_strength": -12.805052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.820347, "energy": 27.912242, "activity_lines": [ 0.776, 0.756545, 0.794952, 0.850344 ] }, { "date": "2024-08-30", "close": 0.99, "volume": 80932200, "typical_volume": 13465055.0, "trend": 0.924, "fair_value": 2.448974, "relative_strength": -3.441436, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.665807, "energy": 16.376994, "activity_lines": [ 0.858, 0.8, 0.808524, 0.854172 ] }, { "date": "2024-09-06", "close": 1.02, "volume": 29228400, "typical_volume": 14926475.0, "trend": 0.919333, "fair_value": 2.429615, "relative_strength": -4.642309, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.780242, "energy": 45.043346, "activity_lines": [ 0.931333, 0.844545, 0.825143, 0.860366 ] }, { "date": "2024-09-13", "close": 0.99, "volume": 34448000, "typical_volume": 16032880.0, "trend": 0.914, "fair_value": 2.416218, "relative_strength": -6.601125, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.878964, "energy": 45.430828, "activity_lines": [ 0.972667, 0.878545, 0.838952, 0.864925 ] }, { "date": "2024-09-20", "close": 0.99, "volume": 0, "typical_volume": 15769080.0, "trend": 0.909333, "fair_value": 2.404615, "relative_strength": -7.760057, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.357155, "energy": 61.418173, "activity_lines": [ 0.99, 0.908545, 0.852571, 0.869828 ] }, { "date": "2024-09-27", "close": 1.0, "volume": 27422200, "typical_volume": 16304245.0, "trend": 0.908667, "fair_value": 2.394359, "relative_strength": -6.323155, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.694524, "energy": 62.880646, "activity_lines": [ 0.997333, 0.937273, 0.866857, 0.875677 ] }, { "date": "2024-10-04", "close": 1.0, "volume": 11621600, "typical_volume": 16454170.0, "trend": 0.906, "fair_value": 2.383333, "relative_strength": -5.642264, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.046294, "energy": 45.36976, "activity_lines": [ 0.998, 0.960727, 0.880952, 0.88157 ] }, { "date": "2024-10-11", "close": 0.98, "volume": 16989700, "typical_volume": 16952520.0, "trend": 0.902, "fair_value": 2.372436, "relative_strength": -8.755037, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.488864, "energy": 36.479698, "activity_lines": [ 0.991333, 0.975273, 0.893238, 0.886344 ] }, { "date": "2024-10-18", "close": 0.99, "volume": 16959000, "typical_volume": 17496585.0, "trend": 0.899667, "fair_value": 2.361859, "relative_strength": -8.717607, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.110083, "energy": 33.279815, "activity_lines": [ 0.990667, 0.986364, 0.906333, 0.892022 ] }, { "date": "2024-10-25", "close": 0.99, "volume": 28595800, "typical_volume": 18361030.0, "trend": 0.897, "fair_value": 2.351538, "relative_strength": -6.749942, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 45.685795, "energy": 34.40566, "activity_lines": [ 0.99, 0.990909, 0.919143, 0.897849 ] }, { "date": "2024-11-01", "close": 1.01, "volume": 7919400, "typical_volume": 18288020.0, "trend": 0.897, "fair_value": 2.340705, "relative_strength": -4.539413, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.49007, "energy": 37.270188, "activity_lines": [ 0.996, 0.995455, 0.933143, 0.90514 ] }, { "date": "2024-11-08", "close": 0.92, "volume": 18092000, "typical_volume": 18899350.0, "trend": 0.893333, "fair_value": 2.328141, "relative_strength": -12.780696, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 40.243649, "energy": 24.853807, "activity_lines": [ 0.971333, 0.981636, 0.937571, 0.906624 ] }, { "date": "2024-11-15", "close": 0.84, "volume": 18974600, "typical_volume": 19415615.0, "trend": 0.887, "fair_value": 2.31391, "relative_strength": -18.647591, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 13.578727, "energy": 14.557607, "activity_lines": [ 0.925333, 0.954545, 0.933571, 0.903183 ] }, { "date": "2024-11-22", "close": 0.77, "volume": 18903700, "typical_volume": 19904535.0, "trend": 0.881, "fair_value": 2.299231, "relative_strength": -25.045467, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -33.020733, "energy": 32.007003, "activity_lines": [ 0.865333, 0.918, 0.922429, 0.895634 ] }, { "date": "2024-11-29", "close": 0.73, "volume": 25864100, "typical_volume": 20845655.0, "trend": 0.874333, "fair_value": 2.285321, "relative_strength": -27.444419, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -41.643556, "energy": 56.876708, "activity_lines": [ 0.806667, 0.878182, 0.907476, 0.885892 ] }, { "date": "2024-12-06", "close": 0.75, "volume": 14512900, "typical_volume": 21033990.0, "trend": 0.867333, "fair_value": 2.271026, "relative_strength": -26.160797, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.385649, "energy": 66.636477, "activity_lines": [ 0.772, 0.846727, 0.894857, 0.877871 ] }, { "date": "2024-12-13", "close": 0.7, "volume": 4952100, "typical_volume": 21039380.0, "trend": 0.856667, "fair_value": 2.25641, "relative_strength": -29.564016, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.768647, "energy": 73.047241, "activity_lines": [ 0.738, 0.810727, 0.877286, 0.867075 ] }, { "date": "2024-12-20", "close": 0.66, "volume": 4732900, "typical_volume": 21114080.0, "trend": 0.847, "fair_value": 2.242692, "relative_strength": -29.570276, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.62784, "energy": 74.077314, "activity_lines": [ 0.705333, 0.772909, 0.855952, 0.854387 ] }, { "date": "2024-12-27", "close": 0.7, "volume": 10036500, "typical_volume": 21386395.0, "trend": 0.839333, "fair_value": 2.229615, "relative_strength": -26.510302, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.258732, "energy": 67.435609, "activity_lines": [ 0.698, 0.748182, 0.838571, 0.844903 ] }, { "date": "2025-01-03", "close": 0.7, "volume": 1897200, "typical_volume": 20775305.0, "trend": 0.834667, "fair_value": 2.215256, "relative_strength": -24.762091, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.629248, "energy": 58.279694, "activity_lines": [ 0.695333, 0.728727, 0.820857, 0.835914 ] }, { "date": "2025-01-10", "close": 0.64, "volume": 6442800, "typical_volume": 18926255.0, "trend": 0.829333, "fair_value": 2.2, "relative_strength": -29.527714, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.844703, "energy": 62.005931, "activity_lines": [ 0.674667, 0.703636, 0.797857, 0.823355 ] }, { "date": "2025-01-17", "close": 0.63, "volume": 4430000, "typical_volume": 15101145.0, "trend": 0.825333, "fair_value": 2.184679, "relative_strength": -28.356961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.193904, "energy": 64.968149, "activity_lines": [ 0.658, 0.683455, 0.775143, 0.810495 ] }, { "date": "2025-01-24", "close": 0.65, "volume": 7014200, "typical_volume": 13990435.0, "trend": 0.822333, "fair_value": 2.170513, "relative_strength": -25.841721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.74425, "energy": 64.918793, "activity_lines": [ 0.652667, 0.672182, 0.756048, 0.799183 ] }, { "date": "2025-01-31", "close": 0.63, "volume": 6706300, "typical_volume": 12603350.0, "trend": 0.817667, "fair_value": 2.153526, "relative_strength": -25.113293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.727932, "energy": 68.010782, "activity_lines": [ 0.641333, 0.660727, 0.73681, 0.786774 ] }, { "date": "2025-02-07", "close": 0.59, "volume": 4582400, "typical_volume": 12832470.0, "trend": 0.81, "fair_value": 2.135256, "relative_strength": -27.274943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.862326, "energy": 77.565129, "activity_lines": [ 0.621333, 0.644545, 0.715476, 0.772086 ] }, { "date": "2025-02-14", "close": 0.58, "volume": 1979000, "typical_volume": 11560310.0, "trend": 0.805667, "fair_value": 2.116795, "relative_strength": -27.118569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.332844, "energy": 80.839494, "activity_lines": [ 0.605333, 0.629091, 0.695095, 0.757247 ] }, { "date": "2025-02-21", "close": 0.64, "volume": 8623700, "typical_volume": 11410415.0, "trend": 0.803333, "fair_value": 2.1, "relative_strength": -17.157993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.063619, "energy": 65.058787, "activity_lines": [ 0.613333, 0.627636, 0.682429, 0.746559 ] }, { "date": "2025-02-28", "close": 0.66, "volume": 42769700, "typical_volume": 12699415.0, "trend": 0.802333, "fair_value": 2.083077, "relative_strength": -11.007981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.923343, "energy": 50.160655, "activity_lines": [ 0.627333, 0.630909, 0.673381, 0.737312 ] }, { "date": "2025-03-07", "close": 0.7, "volume": 12955200, "typical_volume": 12499225.0, "trend": 0.804667, "fair_value": 2.065769, "relative_strength": -4.898138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.117097, "energy": 32.233152, "activity_lines": [ 0.654, 0.641455, 0.669667, 0.73071 ] }, { "date": "2025-03-14", "close": 0.61, "volume": 12767700, "typical_volume": 11707820.0, "trend": 0.798667, "fair_value": 2.047372, "relative_strength": -14.393022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.686076, "energy": 29.748518, "activity_lines": [ 0.646, 0.635636, 0.658762, 0.718151 ] }, { "date": "2025-03-21", "close": 0.63, "volume": 20380900, "typical_volume": 12330895.0, "trend": 0.789667, "fair_value": 2.023846, "relative_strength": -11.883212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.216113, "energy": 26.045064, "activity_lines": [ 0.643333, 0.635091, 0.651571, 0.707269 ] }, { "date": "2025-03-28", "close": 0.6, "volume": 4553800, "typical_volume": 11653985.0, "trend": 0.776667, "fair_value": 1.993718, "relative_strength": -14.556862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.213726, "energy": 37.17873, "activity_lines": [ 0.627333, 0.629273, 0.643333, 0.695032 ] }, { "date": "2025-04-04", "close": 0.58, "volume": 7077100, "typical_volume": 11059110.0, "trend": 0.762, "fair_value": 1.958654, "relative_strength": -13.105188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.620175, "energy": 45.500906, "activity_lines": [ 0.607333, 0.620364, 0.634714, 0.682344 ] }, { "date": "2025-04-11", "close": 0.54, "volume": 9476400, "typical_volume": 10587745.0, "trend": 0.747, "fair_value": 1.92109, "relative_strength": -18.661812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.477292, "energy": 56.008271, "activity_lines": [ 0.579333, 0.605455, 0.623524, 0.668022 ] }, { "date": "2025-04-18", "close": 0.59, "volume": 1997500, "typical_volume": 9394415.0, "trend": 0.733667, "fair_value": 1.887372, "relative_strength": -12.102696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.625056, "energy": 51.163036, "activity_lines": [ 0.578667, 0.601273, 0.61819, 0.657892 ] }, { "date": "2025-04-25", "close": 0.65, "volume": 10662700, "typical_volume": 9201905.0, "trend": 0.722, "fair_value": 1.849551, "relative_strength": -3.397849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.388105, "energy": 35.479547, "activity_lines": [ 0.599333, 0.608, 0.619238, 0.652495 ] }, { "date": "2025-05-02", "close": 0.62, "volume": 4145800, "typical_volume": 9161590.0, "trend": 0.709333, "fair_value": 1.814103, "relative_strength": -10.449083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.258671, "energy": 24.295727, "activity_lines": [ 0.608667, 0.608, 0.617905, 0.645914 ] }, { "date": "2025-05-09", "close": 0.61, "volume": 5747000, "typical_volume": 9212295.0, "trend": 0.697, "fair_value": 1.787115, "relative_strength": -12.190419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.825088, "energy": 15.752162, "activity_lines": [ 0.613333, 0.606545, 0.616, 0.639505 ] }, { "date": "2025-05-16", "close": 0.63, "volume": 13752400, "typical_volume": 9398090.0, "trend": 0.685, "fair_value": 1.755256, "relative_strength": -7.507189, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.218537, "energy": 15.617624, "activity_lines": [ 0.622667, 0.609636, 0.616238, 0.635183 ] }, { "date": "2025-05-23", "close": 0.6, "volume": 7022600, "typical_volume": 9654360.0, "trend": 0.672, "fair_value": 1.719038, "relative_strength": -9.891737, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.665537, "energy": 15.214574, "activity_lines": [ 0.616, 0.608545, 0.613952, 0.629699 ] }, { "date": "2025-05-30", "close": 0.57, "volume": 5553300, "typical_volume": 9609885.0, "trend": 0.657333, "fair_value": 1.684231, "relative_strength": -11.787788, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.103622, "energy": 27.65657, "activity_lines": [ 0.598667, 0.602182, 0.609286, 0.623118 ] }, { "date": "2025-06-06", "close": 0.58, "volume": 1911300, "typical_volume": 9483950.0, "trend": 0.646, "fair_value": 1.650128, "relative_strength": -8.859387, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.990169, "energy": 29.477109, "activity_lines": [ 0.59, 0.598727, 0.605905, 0.618129 ] }, { "date": "2025-06-13", "close": 0.55, "volume": 2930400, "typical_volume": 9279760.0, "trend": 0.636333, "fair_value": 1.620321, "relative_strength": -12.147305, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.624228, "energy": 52.665112, "activity_lines": [ 0.574, 0.590182, 0.599905, 0.611935 ] }, { "date": "2025-06-20", "close": 0.52, "volume": 5231800, "typical_volume": 9206035.0, "trend": 0.628, "fair_value": 1.591603, "relative_strength": -12.391921, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.24731, "energy": 67.325201, "activity_lines": [ 0.552, 0.576727, 0.591524, 0.60443 ] }, { "date": "2025-06-27", "close": 0.53, "volume": 6255600, "typical_volume": 9289695.0, "trend": 0.621333, "fair_value": 1.56359, "relative_strength": -11.685391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.938462, "energy": 65.562923, "activity_lines": [ 0.540667, 0.565455, 0.584619, 0.598108 ] }, { "date": "2025-07-04", "close": 0.58, "volume": 7958900, "typical_volume": 9588690.0, "trend": 0.615667, "fair_value": 1.539487, "relative_strength": -6.367513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.491551, "energy": 52.011453, "activity_lines": [ 0.550667, 0.564364, 0.582762, 0.595441 ] }, { "date": "2025-07-11", "close": 0.57, "volume": 2975700, "typical_volume": 9306290.0, "trend": 0.611333, "fair_value": 1.516987, "relative_strength": -7.735713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.102832, "energy": 35.251684, "activity_lines": [ 0.556667, 0.562727, 0.579952, 0.592495 ] }, { "date": "2025-07-18", "close": 0.59, "volume": 7976900, "typical_volume": 7566650.0, "trend": 0.609, "fair_value": 1.492179, "relative_strength": -11.106487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.718984, "energy": 19.898051, "activity_lines": [ 0.57, 0.565636, 0.579381, 0.591118 ] }, { "date": "2025-07-25", "close": 0.6, "volume": 11467100, "typical_volume": 7492245.0, "trend": 0.605667, "fair_value": 1.468077, "relative_strength": -10.227369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.245147, "energy": 16.931555, "activity_lines": [ 0.584, 0.570727, 0.580095, 0.590538 ] }, { "date": "2025-08-01", "close": 0.61, "volume": 10678600, "typical_volume": 7387790.0, "trend": 0.602667, "fair_value": 1.442372, "relative_strength": -8.7403, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.428752, "energy": 15.996875, "activity_lines": [ 0.596, 0.578182, 0.582238, 0.590817 ] }, { "date": "2025-08-08", "close": 0.6, "volume": 8644700, "typical_volume": 6800980.0, "trend": 0.601333, "fair_value": 1.415321, "relative_strength": -13.11294, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.818843, "energy": 14.454902, "activity_lines": [ 0.599333, 0.583636, 0.583429, 0.590645 ] }, { "date": "2025-08-15", "close": 0.56, "volume": 8513900, "typical_volume": 6998985.0, "trend": 0.599, "fair_value": 1.387628, "relative_strength": -18.465839, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.466899, "energy": 13.653012, "activity_lines": [ 0.588, 0.581273, 0.580952, 0.587978 ] }, { "date": "2025-08-22", "close": 0.56, "volume": 8046400, "typical_volume": 7047450.0, "trend": 0.596, "fair_value": 1.359551, "relative_strength": -17.440426, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.416363, "energy": 14.499133, "activity_lines": [ 0.577333, 0.579273, 0.578667, 0.585462 ] }, { "date": "2025-08-29", "close": 0.56, "volume": 8201300, "typical_volume": 6983695.0, "trend": 0.593667, "fair_value": 1.33391, "relative_strength": -15.492548, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.11082, "energy": 20.924326, "activity_lines": [ 0.568667, 0.577091, 0.576476, 0.58314 ] }, { "date": "2025-09-05", "close": 0.57, "volume": 6654000, "typical_volume": 7216520.0, "trend": 0.593, "fair_value": 1.308846, "relative_strength": -15.096855, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.688132, "energy": 22.781492, "activity_lines": [ 0.566, 0.576, 0.575143, 0.581613 ] }, { "date": "2025-09-12", "close": 0.57, "volume": 19265100, "typical_volume": 7646640.0, "trend": 0.592667, "fair_value": 1.284295, "relative_strength": -16.216113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.760984, "energy": 25.444904, "activity_lines": [ 0.566, 0.574182, 0.573905, 0.580129 ] }, { "date": "2025-09-19", "close": 0.57, "volume": 14049400, "typical_volume": 8141820.0, "trend": 0.590333, "fair_value": 1.259359, "relative_strength": -15.412237, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.731416, "energy": 22.494088, "activity_lines": [ 0.568, 0.572545, 0.573048, 0.578667 ] }, { "date": "2025-09-26", "close": 0.58, "volume": 8525200, "typical_volume": 8280730.0, "trend": 0.587667, "fair_value": 1.237436, "relative_strength": -12.222976, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.029365, "energy": 15.427039, "activity_lines": [ 0.572667, 0.572727, 0.573381, 0.578 ] }, { "date": "2025-10-03", "close": 0.58, "volume": 6450000, "typical_volume": 7915610.0, "trend": 0.583667, "fair_value": 1.215513, "relative_strength": -12.436689, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.701832, "energy": 9.730208, "activity_lines": [ 0.576, 0.573091, 0.573857, 0.577505 ] }, { "date": "2025-10-10", "close": 0.56, "volume": 4005700, "typical_volume": 7764765.0, "trend": 0.582, "fair_value": 1.194103, "relative_strength": -14.275261, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.657826, "energy": 13.199322, "activity_lines": [ 0.571333, 0.570182, 0.572667, 0.575978 ] }, { "date": "2025-10-17", "close": 0.55, "volume": 3514200, "typical_volume": 7662810.0, "trend": 0.579333, "fair_value": 1.173141, "relative_strength": -14.23182, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.482099, "energy": 22.349058, "activity_lines": [ 0.564, 0.566364, 0.570714, 0.573914 ] }, { "date": "2025-10-24", "close": 0.54, "volume": 1405100, "typical_volume": 7637500.0, "trend": 0.577333, "fair_value": 1.151346, "relative_strength": -17.472425, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.612378, "energy": 40.523765, "activity_lines": [ 0.554667, 0.561636, 0.567905, 0.571376 ] }, { "date": "2025-10-31", "close": 0.53, "volume": 5742400, "typical_volume": 7778100.0, "trend": 0.575667, "fair_value": 1.129487, "relative_strength": -17.823288, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.106583, "energy": 51.756723, "activity_lines": [ 0.544, 0.555455, 0.564333, 0.568323 ] }, { "date": "2025-11-07", "close": 0.51, "volume": 1904300, "typical_volume": 7611725.0, "trend": 0.574667, "fair_value": 1.1075, "relative_strength": -19.783001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.013482, "energy": 63.512916, "activity_lines": [ 0.53, 0.546182, 0.558952, 0.564086 ] }, { "date": "2025-11-14", "close": 0.5, "volume": 1935800, "typical_volume": 7395735.0, "trend": 0.571667, "fair_value": 1.091603, "relative_strength": -18.667216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.920535, "energy": 74.149756, "activity_lines": [ 0.517333, 0.536, 0.552667, 0.559269 ] }, { "date": "2025-11-21", "close": 0.43, "volume": 3958800, "typical_volume": 7195730.0, "trend": 0.564333, "fair_value": 1.077179, "relative_strength": -28.688368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.941881, "energy": 88.733072, "activity_lines": [ 0.485333, 0.514364, 0.539857, 0.550129 ] }, { "date": "2025-11-28", "close": 0.45, "volume": 4065900, "typical_volume": 7250240.0, "trend": 0.558667, "fair_value": 1.063397, "relative_strength": -25.047903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.748462, "energy": 88.909828, "activity_lines": [ 0.468, 0.498909, 0.529667, 0.542753 ] }, { "date": "2025-12-05", "close": 0.47, "volume": 3288700, "typical_volume": 7015830.0, "trend": 0.554, "fair_value": 1.051026, "relative_strength": -22.304921, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.896737, "energy": 83.302682, "activity_lines": [ 0.463333, 0.489273, 0.521952, 0.537032 ] }, { "date": "2025-12-12", "close": 0.52, "volume": 9411600, "typical_volume": 6913055.0, "trend": 0.550333, "fair_value": 1.040513, "relative_strength": -12.427759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.17942, "energy": 63.579269, "activity_lines": [ 0.479333, 0.490727, 0.519571, 0.534839 ] }, { "date": "2025-12-19", "close": 0.48, "volume": 4709100, "typical_volume": 6614580.0, "trend": 0.546333, "fair_value": 1.030128, "relative_strength": -18.710079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.287454, "energy": 45.046197, "activity_lines": [ 0.481333, 0.486, 0.513762, 0.530301 ] }, { "date": "2025-12-26", "close": 0.48, "volume": 1850000, "typical_volume": 6274845.0, "trend": 0.543333, "fair_value": 1.016538, "relative_strength": -18.773966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.355259, "energy": 33.243561, "activity_lines": [ 0.484667, 0.482727, 0.508571, 0.526022 ] }, { "date": "2026-01-02", "close": 0.49, "volume": 2925100, "typical_volume": 5995405.0, "trend": 0.540333, "fair_value": 1.005449, "relative_strength": -16.711742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.075014, "energy": 25.626572, "activity_lines": [ 0.488, 0.482545, 0.504905, 0.522581 ] }, { "date": "2026-01-09", "close": 0.47, "volume": 2784100, "typical_volume": 5732290.0, "trend": 0.537667, "fair_value": 0.992436, "relative_strength": -19.447114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.097919, "energy": 32.158387, "activity_lines": [ 0.482, 0.479636, 0.499667, 0.518043 ] }, { "date": "2026-01-16", "close": 0.45, "volume": 5326300, "typical_volume": 5588540.0, "trend": 0.535333, "fair_value": 0.979295, "relative_strength": -23.80647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.536577, "energy": 40.852088, "activity_lines": [ 0.469333, 0.474182, 0.492952, 0.512387 ] }, { "date": "2026-01-23", "close": 0.45, "volume": 13649800, "typical_volume": 5938330.0, "trend": 0.532667, "fair_value": 0.965256, "relative_strength": -25.629819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.196193, "energy": 41.605249, "activity_lines": [ 0.461333, 0.469818, 0.486762, 0.506882 ] }, { "date": "2026-01-30", "close": 0.45, "volume": 3636300, "typical_volume": 5156890.0, "trend": 0.528333, "fair_value": 0.949808, "relative_strength": -25.826653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.260638, "energy": 43.71749, "activity_lines": [ 0.455333, 0.466364, 0.481143, 0.501548 ] }, { "date": "2026-02-06", "close": 0.43, "volume": 7085400, "typical_volume": 4808690.0, "trend": 0.523667, "fair_value": 0.936667, "relative_strength": -30.191018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.994691, "energy": 55.63059, "activity_lines": [ 0.444667, 0.458909, 0.47419, 0.495204 ] }, { "date": "2026-02-13", "close": 0.45, "volume": 18155200, "typical_volume": 5290190.0, "trend": 0.519, "fair_value": 0.925962, "relative_strength": -30.430419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.010516, "energy": 41.772231, "activity_lines": [ 0.444667, 0.455455, 0.46981, 0.490452 ] }, { "date": "2026-02-20", "close": 0.52, "volume": 38354700, "typical_volume": 6885425.0, "trend": 0.516333, "fair_value": 0.915705, "relative_strength": -21.747346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.854409, "energy": 16.89716, "activity_lines": [ 0.469333, 0.465091, 0.472714, 0.490516 ] }, { "date": "2026-02-27", "close": 0.51, "volume": 7165000, "typical_volume": 7043390.0, "trend": 0.513, "fair_value": 0.906026, "relative_strength": -25.00117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.207613, "energy": 12.374688, "activity_lines": [ 0.486, 0.472909, 0.474952, 0.490108 ] }, { "date": "2026-03-06", "close": 0.46, "volume": 7109700, "typical_volume": 7223165.0, "trend": 0.508333, "fair_value": 0.896026, "relative_strength": -25.878898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.626601, "energy": 18.894861, "activity_lines": [ 0.482, 0.471091, 0.472667, 0.486688 ] }, { "date": "2026-03-13", "close": 0.45, "volume": 3219700, "typical_volume": 7313895.0, "trend": 0.504667, "fair_value": 0.887179, "relative_strength": -26.796618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.262682, "energy": 20.470347, "activity_lines": [ 0.474, 0.467818, 0.469857, 0.482925 ] }, { "date": "2026-03-20", "close": 0.47, "volume": 9013700, "typical_volume": 7477460.0, "trend": 0.501667, "fair_value": 0.878526, "relative_strength": -24.12556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.27038, "energy": 13.387838, "activity_lines": [ 0.471333, 0.468909, 0.469381, 0.480688 ] }, { "date": "2026-03-27", "close": 0.46, "volume": 5136900, "typical_volume": 7639090.0, "trend": 0.498333, "fair_value": 0.869615, "relative_strength": -25.826054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.911286, "energy": 24.792068, "activity_lines": [ 0.464, 0.468182, 0.468238, 0.478 ] }, { "date": "2026-04-03", "close": 0.46, "volume": 10128700, "typical_volume": 8048735.0, "trend": 0.494667, "fair_value": 0.861218, "relative_strength": -25.515182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.711933, "energy": 24.523009, "activity_lines": [ 0.460667, 0.467273, 0.467333, 0.475527 ] }, { "date": "2026-04-10", "close": 0.48, "volume": 2363800, "typical_volume": 7968985.0, "trend": 0.491667, "fair_value": 0.852885, "relative_strength": -24.455308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.494904, "energy": 14.120469, "activity_lines": [ 0.467333, 0.469818, 0.468524, 0.474581 ] }, { "date": "2026-04-17", "close": 0.47, "volume": 394500, "typical_volume": 7785415.0, "trend": 0.488333, "fair_value": 0.844551, "relative_strength": -24.135469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.821866, "energy": 13.117606, "activity_lines": [ 0.469333, 0.47, 0.468524, 0.473183 ] }, { "date": "2026-04-24", "close": 0.45, "volume": 5081200, "typical_volume": 7875040.0, "trend": 0.484, "fair_value": 0.838013, "relative_strength": -25.182443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.906483, "energy": 20.087265, "activity_lines": [ 0.463333, 0.465818, 0.466524, 0.47071 ] }, { "date": "2026-05-01", "close": 0.45, "volume": 2882200, "typical_volume": 7548570.0, "trend": 0.479667, "fair_value": 0.831603, "relative_strength": -26.324954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.352498, "energy": 21.632612, "activity_lines": [ 0.458667, 0.461636, 0.464619, 0.468516 ] }, { "date": "2026-05-08", "close": 0.45, "volume": 3397300, "typical_volume": 7482980.0, "trend": 0.476, "fair_value": 0.825, "relative_strength": -25.942638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.572277, "energy": 30.334853, "activity_lines": [ 0.454667, 0.458727, 0.463048, 0.466602 ] }, { "date": "2026-05-15", "close": 0.44, "volume": 3566800, "typical_volume": 7568820.0, "trend": 0.472333, "fair_value": 0.819103, "relative_strength": -27.612863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.712538, "energy": 40.620431, "activity_lines": [ 0.448, 0.455091, 0.460667, 0.46428 ] }, { "date": "2026-05-22", "close": 0.45, "volume": 6788200, "typical_volume": 7761975.0, "trend": 0.469333, "fair_value": 0.813077, "relative_strength": -26.193392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.159345, "energy": 39.278906, "activity_lines": [ 0.447333, 0.453636, 0.459429, 0.462839 ] }, { "date": "2026-05-29", "close": 0.46, "volume": 8562600, "typical_volume": 8050900.0, "trend": 0.467, "fair_value": 0.807179, "relative_strength": -25.246563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.844997, "energy": 28.425143, "activity_lines": [ 0.451333, 0.454, 0.459333, 0.462237 ] }, { "date": "2026-06-05", "close": 0.51, "volume": 28280400, "typical_volume": 9198605.0, "trend": 0.467, "fair_value": 0.80141, "relative_strength": -17.102055, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.666933, "energy": 10.595917, "activity_lines": [ 0.471333, 0.463636, 0.464048, 0.465011 ] }, { "date": "2026-06-12", "close": 0.47, "volume": 1613400, "typical_volume": 8596785.0, "trend": 0.466, "fair_value": 0.796923, "relative_strength": -23.335928, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.62139, "energy": 11.653197, "activity_lines": [ 0.474, 0.465091, 0.464667, 0.465204 ] }, { "date": "2026-06-19", "close": 0.48, "volume": 437100, "typical_volume": 8436825.0, "trend": 0.467667, "fair_value": 0.793397, "relative_strength": -19.986787, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.317422, "energy": 21.482157, "activity_lines": [ 0.478667, 0.468182, 0.466143, 0.466108 ] }, { "date": "2026-06-26", "close": 0.46, "volume": 2144700, "typical_volume": 8189790.0, "trend": 0.468, "fair_value": 0.789872, "relative_strength": -21.059607, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.694572, "energy": 13.194655, "activity_lines": [ 0.474, 0.467636, 0.465571, 0.465613 ] }, { "date": "2026-07-03", "close": 0.47, "volume": 819100, "typical_volume": 7322985.0, "trend": 0.468, "fair_value": 0.786603, "relative_strength": -21.89524, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.96687, "energy": 8.638527, "activity_lines": [ 0.472, 0.469091, 0.46581, 0.465742 ] }, { "date": "2026-07-10", "close": 0.49, "volume": 18122200, "typical_volume": 6311360.0, "trend": 0.467, "fair_value": 0.783654, "relative_strength": -18.218868, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.332292, "energy": 26.060347, "activity_lines": [ 0.476, 0.473818, 0.467857, 0.467161 ] }, { "date": "2026-07-17", "close": 0.5, "volume": 14129000, "typical_volume": 6659560.0, "trend": 0.467667, "fair_value": 0.781218, "relative_strength": -16.642395, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.643879, "energy": 33.487862, "activity_lines": [ 0.484667, 0.479636, 0.471, 0.46929 ] }, { "date": "2026-07-24", "close": 0.49, "volume": 5169500, "typical_volume": 6562550.0, "trend": 0.468, "fair_value": 0.7775, "relative_strength": -17.69846, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.412767, "energy": 42.510726, "activity_lines": [ 0.488, 0.482727, 0.473238, 0.470731 ] }, { "date": "2026-07-31", "close": 0.5, "volume": 5605500, "typical_volume": 6681840.0, "trend": 0.468333, "fair_value": 0.771282, "relative_strength": -14.191164, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.283385, "energy": 51.579774, "activity_lines": [ 0.494, 0.486727, 0.476286, 0.472796 ] }, { "date": "2026-08-07", "close": 0.51, "volume": 8359900, "typical_volume": 6649150.0, "trend": 0.469667, "fair_value": 0.765962, "relative_strength": -11.116515, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.881643, "energy": 55.065409, "activity_lines": [ 0.500667, 0.491636, 0.480048, 0.475484 ] } ], "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." } } }