{ "ticker": { "uuid": "38258ae1-f321-4a55-b717-a28b2f539efa", "symbol": "LOVI", "name": "Lovisagruvan AB (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 87.392, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.135, "architecture_energy": 44.629, "architecture_maturity": 33.281, "architecture_confidence": 90.365, "architecture_tenure": "Developing", "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": 22.2, "rotation_up": 21.52, "upward_expansion": 6.62, "deceleration": 49.84, "rotation_down": 48.4, "downward_expansion": 75.29 }, "activity_lines": [ 10.502, 10.647818, 11.918, 12.746839 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 10.85, "trend_reference": 14.291333, "distance_from_trend": -0.240799, "trend_direction": "Improving", "fair_value": 18.19641, "distance_from_fair_value": -0.403729, "fair_value_direction": "Weakening", "relative_strength": -16.638795, "relative_strength_direction": "Weakening", "price_momentum": -0.569444, "excess_performance": -0.630939, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.240799, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.03937, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.403729, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.099383, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.166388, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.226097, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.569444, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.521125, "read": "Demand-led" } ], "volume": { "latest": 15889, "relative_activity": 0.453008, "balance": 1.521125, "dry_up": 0.258956, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.170436, "annualized_volatility": 0.867779, "from_high_reference": -0.72875, "from_low_reference": 0.793388 }, "levels": { "trend_reference": 14.291333, "fair_value_reference": 18.19641, "structural_low": 8.52, "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": 31, "median_return": -0.009132, "positive_rate": 0.451613, "directional_follow_through": 0.548387, "median_excess_return": -0.038316, "regime_survival": 0.741935, "best_return": 0.451429, "worst_return": -0.529801, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.003151, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.063682, "regime_survival": 0.583333, "best_return": 0.301802, "worst_return": -0.439024, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.062636, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.062452, "regime_survival": 0.375, "best_return": 1.144928, "worst_return": -0.602305, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.186768, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.338458, "regime_survival": 0.25, "best_return": 0.008189, "worst_return": -0.247059, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-09-20", "tenure": "Established", "return": 0.046703, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2025-02-28", "tenure": "Established", "return": -0.17, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-08-01", "tenure": "Established", "return": 0.014409, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-08-08", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": -0.244681, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2025-10-17", "tenure": "Developing", "return": 0.08209, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.076923, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.102041, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-09", "tenure": "Developing", "return": 0.273743, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": 1.166667, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-06", "tenure": "Developing", "return": -0.412698, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-06-19", "tenure": "Established", "return": -0.085366, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": -0.086364, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.009132, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 34.599998, "volume": 1551, "typical_volume": 6107.3, "trend": 38.186666, "fair_value": 35.785119, "relative_strength": -6.593971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.482221, "energy": 28.205291, "activity_lines": [ 34.679999, 35.083636, 35.872381, 37.048172 ] }, { "date": "2023-08-25", "close": 32.599998, "volume": 4279, "typical_volume": 6125.65, "trend": 37.966666, "fair_value": 35.771238, "relative_strength": -11.82116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.009506, "energy": 33.757275, "activity_lines": [ 33.999999, 34.574545, 35.452381, 36.687742 ] }, { "date": "2023-09-01", "close": 32.599998, "volume": 4864, "typical_volume": 5958.55, "trend": 37.753333, "fair_value": 35.748832, "relative_strength": -13.025547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.473075, "energy": 44.015282, "activity_lines": [ 33.386665, 34.130908, 35.091428, 36.341505 ] }, { "date": "2023-09-08", "close": 34.0, "volume": 1955, "typical_volume": 5454.7, "trend": 37.6, "fair_value": 35.745142, "relative_strength": -8.689218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.816473, "energy": 37.316566, "activity_lines": [ 33.413332, 33.992726, 34.913333, 36.099354 ] }, { "date": "2023-09-15", "close": 34.200001, "volume": 2957, "typical_volume": 4889.25, "trend": 37.493333, "fair_value": 35.739081, "relative_strength": -8.630775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.536501, "energy": 32.535271, "activity_lines": [ 33.64, 33.952727, 34.773333, 35.88 ] }, { "date": "2023-09-22", "close": 34.799999, "volume": 2552, "typical_volume": 4874.2, "trend": 37.353333, "fair_value": 35.721036, "relative_strength": -5.62013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.101506, "energy": 21.220912, "activity_lines": [ 34.04, 34.032727, 34.71619, 35.706236 ] }, { "date": "2023-09-29", "close": 29.6, "volume": 12734, "typical_volume": 5344.4, "trend": 37.013333, "fair_value": 35.685488, "relative_strength": -19.169741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.856431, "energy": 34.732817, "activity_lines": [ 32.693333, 33.207272, 34.174285, 35.206021 ] }, { "date": "2023-10-06", "close": 25.6, "volume": 42881, "typical_volume": 7222.0, "trend": 36.513333, "fair_value": 35.619428, "relative_strength": -29.520436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.589344, "energy": 60.181203, "activity_lines": [ 30.213333, 31.727272, 33.280952, 34.469677 ] }, { "date": "2023-10-13", "close": 29.200001, "volume": 2526, "typical_volume": 7056.85, "trend": 36.133333, "fair_value": 35.575227, "relative_strength": -20.561762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.01423, "energy": 61.666273, "activity_lines": [ 29.4, 31.076363, 32.78, 33.997849 ] }, { "date": "2023-10-20", "close": 29.0, "volume": 5101, "typical_volume": 6948.8, "trend": 35.593333, "fair_value": 35.541922, "relative_strength": -16.420136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.828042, "energy": 65.179584, "activity_lines": [ 28.84, 30.512727, 32.287619, 33.537634 ] }, { "date": "2023-10-27", "close": 30.799999, "volume": 16445, "typical_volume": 7681.4, "trend": 35.086666, "fair_value": 35.515284, "relative_strength": -9.696339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.879578, "energy": 50.638651, "activity_lines": [ 29.226667, 30.363636, 32.017142, 33.228387 ] }, { "date": "2023-11-03", "close": 30.0, "volume": 14789, "typical_volume": 8262.4, "trend": 34.586666, "fair_value": 35.49326, "relative_strength": -14.866684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.657214, "energy": 33.615004, "activity_lines": [ 29.613333, 30.138182, 31.700952, 32.900215 ] }, { "date": "2023-11-10", "close": 31.799999, "volume": 3161, "typical_volume": 8334.95, "trend": 34.213333, "fair_value": 35.479122, "relative_strength": -9.057934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.916575, "energy": 21.713427, "activity_lines": [ 30.573333, 30.287272, 31.585714, 32.72043 ] }, { "date": "2023-11-17", "close": 30.4, "volume": 3958, "typical_volume": 8519.7, "trend": 33.96, "fair_value": 35.458444, "relative_strength": -16.073912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.527726, "energy": 17.525911, "activity_lines": [ 30.653333, 30.196363, 31.354285, 32.474408 ] }, { "date": "2023-11-24", "close": 33.599998, "volume": 1473, "typical_volume": 8466.7, "trend": 33.76, "fair_value": 35.452191, "relative_strength": -8.313236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.010711, "energy": 13.495321, "activity_lines": [ 31.719999, 30.752727, 31.460952, 32.451182 ] }, { "date": "2023-12-01", "close": 33.400002, "volume": 3387, "typical_volume": 8467.05, "trend": 33.64, "fair_value": 35.447091, "relative_strength": -9.484652, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.693146, "energy": 14.005883, "activity_lines": [ 32.413333, 31.283636, 31.554285, 32.427957 ] }, { "date": "2023-12-08", "close": 32.799999, "volume": 2008, "typical_volume": 8113.7, "trend": 33.54, "fair_value": 35.419878, "relative_strength": -13.284462, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.003802, "energy": 11.255162, "activity_lines": [ 32.733333, 31.730909, 31.607619, 32.373763 ] }, { "date": "2023-12-15", "close": 33.400002, "volume": 2939, "typical_volume": 8014.95, "trend": 33.453333, "fair_value": 35.408689, "relative_strength": -14.01141, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.795473, "energy": 11.965649, "activity_lines": [ 33.066667, 32.229091, 31.721905, 32.364731 ] }, { "date": "2023-12-22", "close": 33.799999, "volume": 850, "typical_volume": 7426.6, "trend": 33.413333, "fair_value": 35.396411, "relative_strength": -12.295796, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.312994, "energy": 14.840625, "activity_lines": [ 33.426667, 32.658182, 31.882857, 32.387097 ] }, { "date": "2023-12-29", "close": 33.200001, "volume": 2308, "typical_volume": 6635.9, "trend": 33.2, "fair_value": 35.380286, "relative_strength": -14.177356, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.054046, "energy": 14.813902, "activity_lines": [ 33.36, 32.894546, 31.997143, 32.373333 ] }, { "date": "2024-01-05", "close": 32.400002, "volume": 1053, "typical_volume": 6611.0, "trend": 33.04, "fair_value": 35.35538, "relative_strength": -13.729754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.57745, "energy": 9.472664, "activity_lines": [ 33.053334, 32.909091, 32.038095, 32.32172 ] }, { "date": "2024-01-12", "close": 32.0, "volume": 4737, "typical_volume": 6633.9, "trend": 32.9, "fair_value": 35.325475, "relative_strength": -15.115542, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.564543, "energy": 10.070964, "activity_lines": [ 32.680001, 32.821819, 32.051429, 32.254624 ] }, { "date": "2024-01-19", "close": 31.6, "volume": 1218, "typical_volume": 6451.6, "trend": 32.773333, "fair_value": 35.293005, "relative_strength": -13.788257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.493736, "energy": 14.399503, "activity_lines": [ 32.226667, 32.625455, 32.029524, 32.170753 ] }, { "date": "2024-01-26", "close": 31.6, "volume": 1677, "typical_volume": 6437.7, "trend": 32.58, "fair_value": 35.245922, "relative_strength": -15.956958, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.694486, "energy": 18.349202, "activity_lines": [ 31.893334, 32.432728, 32.012381, 32.095054 ] }, { "date": "2024-02-02", "close": 33.0, "volume": 5181, "typical_volume": 6548.9, "trend": 32.52, "fair_value": 35.20416, "relative_strength": -11.823729, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.573768, "energy": 9.991705, "activity_lines": [ 32.173333, 32.472728, 32.14, 32.122151 ] }, { "date": "2024-02-09", "close": 22.200001, "volume": 34330, "typical_volume": 8137.8, "trend": 32.026666, "fair_value": 35.100473, "relative_strength": -39.696583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.018687, "energy": 59.408566, "activity_lines": [ 28.866667, 30.56, 31.244762, 31.456344 ] }, { "date": "2024-02-16", "close": 20.799999, "volume": 8540, "typical_volume": 7928.1, "trend": 31.6, "fair_value": 34.979288, "relative_strength": -44.27743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.481687, "energy": 78.038989, "activity_lines": [ 25.773333, 28.596364, 30.276191, 30.732043 ] }, { "date": "2024-02-23", "close": 22.0, "volume": 30841, "typical_volume": 7326.1, "trend": 31.16, "fair_value": 34.864578, "relative_strength": -41.072655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.856754, "energy": 80.274367, "activity_lines": [ 23.826667, 27.069091, 29.46381, 30.112688 ] }, { "date": "2024-03-01", "close": 19.6, "volume": 11630, "typical_volume": 7781.3, "trend": 30.613333, "fair_value": 34.740571, "relative_strength": -47.416305, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.424629, "energy": 85.20638, "activity_lines": [ 21.72, 25.312727, 28.44, 29.366882 ] }, { "date": "2024-03-08", "close": 16.799999, "volume": 14735, "typical_volume": 8263.0, "trend": 30.046667, "fair_value": 34.604705, "relative_strength": -54.726516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.772272, "energy": 87.599672, "activity_lines": [ 19.48, 23.305454, 27.195238, 28.475699 ] }, { "date": "2024-03-15", "close": 17.700001, "volume": 23081, "typical_volume": 8594.8, "trend": 29.483333, "fair_value": 34.463648, "relative_strength": -52.401148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.047735, "energy": 84.596694, "activity_lines": [ 18.62, 21.76, 26.094286, 27.67914 ] }, { "date": "2024-03-22", "close": 16.4, "volume": 2395, "typical_volume": 7975.1, "trend": 28.943333, "fair_value": 34.31131, "relative_strength": -55.014988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.831619, "energy": 83.967312, "activity_lines": [ 17.626667, 20.245455, 24.931905, 26.835054 ] }, { "date": "2024-03-29", "close": 16.299999, "volume": 1294, "typical_volume": 7881.75, "trend": 28.4, "fair_value": 34.167079, "relative_strength": -54.132449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.324821, "energy": 78.643142, "activity_lines": [ 16.893333, 18.996363, 23.824762, 26.019355 ] }, { "date": "2024-04-05", "close": 17.5, "volume": 4739, "typical_volume": 7920.8, "trend": 27.85, "fair_value": 34.029291, "relative_strength": -49.555209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.65516, "energy": 61.031999, "activity_lines": [ 16.94, 18.243636, 22.905714, 25.316129 ] }, { "date": "2024-04-12", "close": 26.9, "volume": 11231, "typical_volume": 8408.7, "trend": 27.606667, "fair_value": 33.969256, "relative_strength": -21.6142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.820795, "energy": 33.76841, "activity_lines": [ 20.26, 19.456363, 22.943333, 25.254839 ] }, { "date": "2024-04-19", "close": 23.0, "volume": 8654, "typical_volume": 8672.05, "trend": 27.213333, "fair_value": 33.892971, "relative_strength": -32.110263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.886541, "energy": 22.68454, "activity_lines": [ 21.606667, 20.070909, 22.641429, 24.957634 ] }, { "date": "2024-04-26", "close": 24.5, "volume": 11269, "typical_volume": 9135.1, "trend": 27.043333, "fair_value": 33.827551, "relative_strength": -28.456749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.861952, "energy": 24.119101, "activity_lines": [ 23.1, 20.943636, 22.531905, 24.782581 ] }, { "date": "2024-05-03", "close": 25.4, "volume": 13195, "typical_volume": 9647.9, "trend": 27.036667, "fair_value": 33.7729, "relative_strength": -24.608682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.817986, "energy": 23.701526, "activity_lines": [ 24.353333, 21.912727, 22.547619, 24.676559 ] }, { "date": "2024-05-10", "close": 28.9, "volume": 1071, "typical_volume": 9658.95, "trend": 27.026667, "fair_value": 33.725686, "relative_strength": -16.478734, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.520124, "energy": 22.029857, "activity_lines": [ 26.166667, 23.456364, 22.934762, 24.796774 ] }, { "date": "2024-05-17", "close": 24.4, "volume": 17169, "typical_volume": 10402.0, "trend": 26.873333, "fair_value": 33.638378, "relative_strength": -28.121002, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.081981, "energy": 17.371193, "activity_lines": [ 25.72, 24.012727, 22.916667, 24.627312 ] }, { "date": "2024-05-24", "close": 26.5, "volume": 1891, "typical_volume": 10443.9, "trend": 26.73, "fair_value": 33.557032, "relative_strength": -21.987749, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.606569, "energy": 15.520297, "activity_lines": [ 26.14, 24.812727, 23.140476, 24.603226 ] }, { "date": "2024-05-31", "close": 23.200001, "volume": 2968, "typical_volume": 10355.45, "trend": 26.503333, "fair_value": 33.455782, "relative_strength": -30.301218, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.107637, "energy": 11.509676, "activity_lines": [ 25.226667, 24.852727, 23.078095, 24.375484 ] }, { "date": "2024-06-07", "close": 18.799999, "volume": 88026, "typical_volume": 14695.85, "trend": 26.07, "fair_value": 33.326327, "relative_strength": -43.170528, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.065282, "energy": 21.577839, "activity_lines": [ 22.933333, 23.969091, 22.638571, 23.878495 ] }, { "date": "2024-06-14", "close": 17.799999, "volume": 45546, "typical_volume": 16889.3, "trend": 25.65, "fair_value": 33.185462, "relative_strength": -44.155658, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.235617, "energy": 30.051752, "activity_lines": [ 20.746666, 22.858182, 22.164762, 23.344946 ] }, { "date": "2024-06-21", "close": 18.200001, "volume": 10382, "typical_volume": 17149.35, "trend": 25.136667, "fair_value": 33.045912, "relative_strength": -42.390347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.060577, "energy": 35.334439, "activity_lines": [ 19.433333, 21.814545, 21.794762, 22.864301 ] }, { "date": "2024-06-28", "close": 18.5, "volume": 6389, "typical_volume": 15752.3, "trend": 24.64, "fair_value": 32.920783, "relative_strength": -40.504187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.564397, "energy": 47.708192, "activity_lines": [ 18.633333, 20.983636, 21.523809, 22.436129 ] }, { "date": "2024-07-05", "close": 18.1, "volume": 9442, "typical_volume": 15797.4, "trend": 24.15, "fair_value": 32.786841, "relative_strength": -40.703672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.944936, "energy": 51.324067, "activity_lines": [ 18.233333, 20.161818, 21.232381, 22.014194 ] }, { "date": "2024-07-12", "close": 18.299999, "volume": 5139, "typical_volume": 14512.3, "trend": 23.646667, "fair_value": 32.654181, "relative_strength": -40.831224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.214395, "energy": 42.856197, "activity_lines": [ 18.24, 19.492727, 20.972857, 21.636774 ] }, { "date": "2024-07-19", "close": 17.4, "volume": 7595, "typical_volume": 14310.55, "trend": 23.1, "fair_value": 32.514502, "relative_strength": -41.634606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.837571, "energy": 37.977324, "activity_lines": [ 17.98, 18.789091, 20.645238, 21.233763 ] }, { "date": "2024-07-26", "close": 17.9, "volume": 1783, "typical_volume": 13662.95, "trend": 22.59, "fair_value": 32.391776, "relative_strength": -39.272802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.290653, "energy": 34.36789, "activity_lines": [ 17.913333, 18.385454, 20.375714, 20.898279 ] }, { "date": "2024-08-02", "close": 19.75, "volume": 8137, "typical_volume": 12915.75, "trend": 22.168333, "fair_value": 32.27466, "relative_strength": -28.971156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.629208, "energy": 25.505085, "activity_lines": [ 18.483333, 18.436364, 20.277143, 20.715054 ] }, { "date": "2024-08-09", "close": 19.35, "volume": 11371, "typical_volume": 13364.55, "trend": 21.746667, "fair_value": 32.179977, "relative_strength": -29.270245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.348129, "energy": 21.895015, "activity_lines": [ 18.836667, 18.537273, 20.130714, 20.533226 ] }, { "date": "2024-08-16", "close": 18.4, "volume": 2320, "typical_volume": 13415.85, "trend": 21.306667, "fair_value": 32.079204, "relative_strength": -33.705538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.144606, "energy": 19.955012, "activity_lines": [ 18.79, 18.535454, 19.879762, 20.317312 ] }, { "date": "2024-08-23", "close": 17.799999, "volume": 15232, "typical_volume": 13940.5, "trend": 20.846667, "fair_value": 31.960836, "relative_strength": -35.594346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.802521, "energy": 21.399963, "activity_lines": [ 18.536666, 18.431818, 19.561667, 20.091075 ] }, { "date": "2024-08-30", "close": 16.25, "volume": 12853, "typical_volume": 14021.6, "trend": 20.288333, "fair_value": 31.865029, "relative_strength": -41.126624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.45618, "energy": 38.690601, "activity_lines": [ 17.74, 18.046363, 19.094524, 19.794516 ] }, { "date": "2024-09-06", "close": 19.9, "volume": 84345, "typical_volume": 17806.15, "trend": 20.211667, "fair_value": 31.793868, "relative_strength": -23.510106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.152846, "energy": 26.064373, "activity_lines": [ 18.27, 18.36, 19.025714, 19.769462 ] }, { "date": "2024-09-13", "close": 20.9, "volume": 26818, "typical_volume": 18583.6, "trend": 20.215, "fair_value": 31.727868, "relative_strength": -20.000816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.753858, "energy": 12.577259, "activity_lines": [ 19.123333, 18.83, 19.066905, 19.813871 ] }, { "date": "2024-09-20", "close": 19.049999, "volume": 3296, "typical_volume": 18088.65, "trend": 20.116667, "fair_value": 31.635012, "relative_strength": -27.43708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.588353, "energy": 13.339304, "activity_lines": [ 19.256666, 18.912727, 18.949047, 19.73871 ] }, { "date": "2024-09-27", "close": 20.0, "volume": 13763, "typical_volume": 18723.25, "trend": 20.13, "fair_value": 31.556993, "relative_strength": -24.683049, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.623049, "energy": 13.162754, "activity_lines": [ 19.663333, 19.154545, 18.951905, 19.731183 ] }, { "date": "2024-10-04", "close": 19.799999, "volume": 3293, "typical_volume": 18029.45, "trend": 20.23, "fair_value": 31.471444, "relative_strength": -23.791789, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.785337, "energy": 12.796114, "activity_lines": [ 19.856666, 19.312727, 18.978095, 19.709892 ] }, { "date": "2024-10-11", "close": 20.299999, "volume": 2471, "typical_volume": 18058.45, "trend": 20.316666, "fair_value": 31.38285, "relative_strength": -20.571387, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.828797, "energy": 9.407414, "activity_lines": [ 19.979999, 19.527272, 19.073809, 19.714408 ] }, { "date": "2024-10-18", "close": 20.0, "volume": 8335, "typical_volume": 18326.8, "trend": 20.436666, "fair_value": 31.292333, "relative_strength": -20.951349, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.782266, "energy": 10.503005, "activity_lines": [ 19.976666, 19.677272, 19.170476, 19.693978 ] }, { "date": "2024-10-25", "close": 19.6, "volume": 17259, "typical_volume": 14788.45, "trend": 20.546667, "fair_value": 31.206752, "relative_strength": -21.313519, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.146407, "energy": 8.510254, "activity_lines": [ 19.9, 19.742727, 19.244285, 19.64 ] }, { "date": "2024-11-01", "close": 18.6, "volume": 4325, "typical_volume": 12727.4, "trend": 20.583333, "fair_value": 31.119759, "relative_strength": -23.254949, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.054102, "energy": 11.686106, "activity_lines": [ 19.453333, 19.604545, 19.219047, 19.514408 ] }, { "date": "2024-11-08", "close": 19.0, "volume": 6406, "typical_volume": 12528.6, "trend": 20.32, "fair_value": 31.029081, "relative_strength": -20.422751, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.093085, "energy": 14.299127, "activity_lines": [ 19.233333, 19.524545, 19.228095, 19.412258 ] }, { "date": "2024-11-15", "close": 19.549999, "volume": 1729, "typical_volume": 12295.6, "trend": 20.205, "fair_value": 30.949428, "relative_strength": -15.477338, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.41237, "energy": 13.523661, "activity_lines": [ 19.25, 19.494545, 19.285714, 19.36258 ] }, { "date": "2024-11-22", "close": 18.299999, "volume": 5824, "typical_volume": 12114.7, "trend": 19.998333, "fair_value": 30.866762, "relative_strength": -19.705184, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.043138, "energy": 20.308664, "activity_lines": [ 18.899999, 19.243636, 19.219285, 19.239677 ] }, { "date": "2024-11-29", "close": 18.549999, "volume": 5416, "typical_volume": 12128.55, "trend": 19.77, "fair_value": 30.798196, "relative_strength": -17.290565, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.799866, "energy": 19.71575, "activity_lines": [ 18.746666, 19.085454, 19.175714, 19.146236 ] }, { "date": "2024-12-06", "close": 17.5, "volume": 23110, "typical_volume": 12904.3, "trend": 19.39, "fair_value": 30.725399, "relative_strength": -23.73879, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.848614, "energy": 38.108905, "activity_lines": [ 18.313333, 18.745454, 19.030952, 18.999785 ] }, { "date": "2024-12-13", "close": 17.799999, "volume": 7578, "typical_volume": 13194.05, "trend": 19.17, "fair_value": 30.657025, "relative_strength": -19.432299, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.569268, "energy": 44.384803, "activity_lines": [ 18.053333, 18.505454, 18.914285, 18.897204 ] }, { "date": "2024-12-20", "close": 18.25, "volume": 11784, "typical_volume": 13376.4, "trend": 18.895, "fair_value": 30.575288, "relative_strength": -13.348934, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.007165, "energy": 38.065735, "activity_lines": [ 18.023333, 18.383636, 18.840952, 18.837849 ] }, { "date": "2024-12-27", "close": 19.049999, "volume": 1041, "typical_volume": 12859.9, "trend": 18.756666, "fair_value": 30.511178, "relative_strength": -8.839158, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.574401, "energy": 15.21062, "activity_lines": [ 18.346666, 18.444545, 18.850952, 18.847849 ] }, { "date": "2025-01-03", "close": 19.75, "volume": 4561, "typical_volume": 12971.95, "trend": 18.788333, "fair_value": 30.456553, "relative_strength": -4.983031, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.969494, "energy": 7.717479, "activity_lines": [ 18.853333, 18.649999, 18.929047, 18.911935 ] }, { "date": "2025-01-10", "close": 19.15, "volume": 1286, "typical_volume": 12274.65, "trend": 18.833333, "fair_value": 30.385585, "relative_strength": -7.023975, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.045434, "energy": 10.429609, "activity_lines": [ 19.08, 18.743636, 18.943571, 18.935268 ] }, { "date": "2025-01-17", "close": 18.0, "volume": 11460, "typical_volume": 12205.0, "trend": 18.826666, "fair_value": 30.300995, "relative_strength": -14.347846, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.518711, "energy": 6.066217, "activity_lines": [ 18.813333, 18.618181, 18.842142, 18.881505 ] }, { "date": "2025-01-24", "close": 18.75, "volume": 3761, "typical_volume": 8175.8, "trend": 18.835, "fair_value": 30.224963, "relative_strength": -11.185343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.66526, "energy": 3.60484, "activity_lines": [ 18.783333, 18.647272, 18.803809, 18.876559 ] }, { "date": "2025-01-31", "close": 17.950001, "volume": 5049, "typical_volume": 7087.35, "trend": 18.83, "fair_value": 30.118805, "relative_strength": -13.482518, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.108631, "energy": 18.429124, "activity_lines": [ 18.453334, 18.545455, 18.694762, 18.819462 ] }, { "date": "2025-02-07", "close": 17.700001, "volume": 9202, "typical_volume": 7382.65, "trend": 18.81, "fair_value": 30.019794, "relative_strength": -13.105115, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.444902, "energy": 27.529223, "activity_lines": [ 18.113334, 18.404546, 18.575952, 18.746559 ] }, { "date": "2025-02-14", "close": 17.5, "volume": 5126, "typical_volume": 6950.8, "trend": 18.813333, "fair_value": 29.922001, "relative_strength": -16.070207, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.539641, "energy": 34.267757, "activity_lines": [ 17.843334, 18.242728, 18.444524, 18.662043 ] }, { "date": "2025-02-21", "close": 17.6, "volume": 9369, "typical_volume": 7254.6, "trend": 18.803333, "fair_value": 29.80985, "relative_strength": -15.269601, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.173695, "energy": 38.326493, "activity_lines": [ 17.716667, 18.099091, 18.334524, 18.583763 ] }, { "date": "2025-02-28", "close": 16.6, "volume": 4472, "typical_volume": 7354.65, "trend": 18.698333, "fair_value": 29.703788, "relative_strength": -19.718038, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.378985, "energy": 46.866124, "activity_lines": [ 17.283334, 17.777273, 18.139762, 18.441613 ] }, { "date": "2025-03-07", "close": 17.35, "volume": 1566, "typical_volume": 7016.2, "trend": 18.631666, "fair_value": 29.577537, "relative_strength": -16.145336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.240038, "energy": 40.230981, "activity_lines": [ 17.243333, 17.621818, 18.034048, 18.354624 ] }, { "date": "2025-03-14", "close": 17.35, "volume": 1509, "typical_volume": 6228.7, "trend": 18.596666, "fair_value": 29.451285, "relative_strength": -14.56913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.47023, "energy": 34.83133, "activity_lines": [ 17.243333, 17.497273, 17.940952, 18.271935 ] }, { "date": "2025-03-21", "close": 17.65, "volume": 176, "typical_volume": 6021.25, "trend": 18.591666, "fair_value": 29.320708, "relative_strength": -11.393843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.208515, "energy": 28.8539, "activity_lines": [ 17.366667, 17.470909, 17.887143, 18.21086 ] }, { "date": "2025-03-28", "close": 17.15, "volume": 402, "typical_volume": 5721.05, "trend": 18.621666, "fair_value": 29.184425, "relative_strength": -11.03003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.745053, "energy": 24.224548, "activity_lines": [ 17.313333, 17.380909, 17.790238, 18.117849 ] }, { "date": "2025-04-04", "close": 17.25, "volume": 11183, "typical_volume": 6193.75, "trend": 18.533333, "fair_value": 29.051284, "relative_strength": -0.65743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.180781, "energy": 22.862209, "activity_lines": [ 17.323333, 17.324546, 17.711667, 18.029355 ] }, { "date": "2025-04-11", "close": 16.0, "volume": 10411, "typical_volume": 6423.1, "trend": 18.37, "fair_value": 28.917628, "relative_strength": -6.58948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.380062, "energy": 33.156255, "activity_lines": [ 16.873333, 17.068182, 17.525, 17.865914 ] }, { "date": "2025-04-18", "close": 15.6, "volume": 2720, "typical_volume": 6288.3, "trend": 18.255, "fair_value": 28.761218, "relative_strength": -11.357233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.972155, "energy": 50.323002, "activity_lines": [ 16.38, 16.774545, 17.311191, 17.687204 ] }, { "date": "2025-04-25", "close": 14.1, "volume": 5254, "typical_volume": 5395.5, "trend": 18.058333, "fair_value": 28.602884, "relative_strength": -21.475459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.2629, "energy": 70.138271, "activity_lines": [ 15.503333, 16.246364, 16.968571, 17.41914 ] }, { "date": "2025-05-02", "close": 11.7, "volume": 34121, "typical_volume": 6722.65, "trend": 17.788333, "fair_value": 28.440705, "relative_strength": -34.894341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.910395, "energy": 85.08404, "activity_lines": [ 14.063333, 15.343636, 16.413571, 17.008925 ] }, { "date": "2025-05-09", "close": 11.6, "volume": 17564, "typical_volume": 7011.65, "trend": 17.498333, "fair_value": 28.271474, "relative_strength": -34.004296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.398906, "energy": 88.493243, "activity_lines": [ 12.953333, 14.53, 15.878095, 16.609677 ] }, { "date": "2025-05-16", "close": 11.8, "volume": 3153, "typical_volume": 7117.25, "trend": 17.225, "fair_value": 28.124038, "relative_strength": -34.544171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.406431, "energy": 87.025369, "activity_lines": [ 12.286667, 13.843636, 15.393333, 16.242043 ] }, { "date": "2025-05-23", "close": 11.5, "volume": 4769, "typical_volume": 7127.65, "trend": 16.955, "fair_value": 27.974679, "relative_strength": -33.565152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.357449, "energy": 86.877816, "activity_lines": [ 11.8, 13.203636, 14.914524, 15.872688 ] }, { "date": "2025-05-30", "close": 12.0, "volume": 3232, "typical_volume": 7224.95, "trend": 16.735, "fair_value": 27.829808, "relative_strength": -30.347447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.793313, "energy": 81.4379, "activity_lines": [ 11.753333, 12.760909, 14.522619, 15.553011 ] }, { "date": "2025-06-06", "close": 12.3, "volume": 5074, "typical_volume": 6905.65, "trend": 16.511667, "fair_value": 27.685577, "relative_strength": -28.873936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.921759, "energy": 58.13204, "activity_lines": [ 11.946667, 12.475455, 14.193333, 15.266882 ] }, { "date": "2025-06-13", "close": 13.1, "volume": 2178, "typical_volume": 6826.5, "trend": 16.296667, "fair_value": 27.545192, "relative_strength": -21.986455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.889709, "energy": 49.14938, "activity_lines": [ 12.366667, 12.423636, 13.967381, 15.046774 ] }, { "date": "2025-06-20", "close": 13.1, "volume": 634, "typical_volume": 6605.75, "trend": 16.123333, "fair_value": 27.408654, "relative_strength": -21.207575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.706487, "energy": 36.447886, "activity_lines": [ 12.686667, 12.447273, 13.768333, 14.840538 ] }, { "date": "2025-06-27", "close": 10.8, "volume": 5674, "typical_volume": 6429.35, "trend": 15.865, "fair_value": 27.270192, "relative_strength": -36.048133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.399933, "energy": 43.509751, "activity_lines": [ 12.153333, 12.105455, 13.373333, 14.497097 ] }, { "date": "2025-07-04", "close": 12.6, "volume": 12018, "typical_volume": 6773.95, "trend": 15.701667, "fair_value": 27.145833, "relative_strength": -25.137158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.603769, "energy": 31.918033, "activity_lines": [ 12.266667, 12.178182, 13.182619, 14.286452 ] }, { "date": "2025-07-11", "close": 12.8, "volume": 2978, "typical_volume": 6454.4, "trend": 15.535, "fair_value": 27.01891, "relative_strength": -24.502927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.98307, "energy": 31.446063, "activity_lines": [ 12.406667, 12.314545, 13.034286, 14.099247 ] }, { "date": "2025-07-18", "close": 14.8, "volume": 7683, "typical_volume": 6614.95, "trend": 15.42, "fair_value": 26.909936, "relative_strength": -12.521309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.425285, "energy": 16.338117, "activity_lines": [ 13.18, 12.794545, 13.099286, 14.051828 ] }, { "date": "2025-07-25", "close": 15.1, "volume": 5644, "typical_volume": 6818.85, "trend": 15.288333, "fair_value": 26.784936, "relative_strength": -12.499031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.427257, "energy": 11.862894, "activity_lines": [ 13.94, 13.270909, 13.201429, 14.031183 ] }, { "date": "2025-08-01", "close": 17.6, "volume": 42945, "typical_volume": 8890.65, "trend": 15.216667, "fair_value": 26.670833, "relative_strength": 5.239276, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.43346, "energy": 37.603664, "activity_lines": [ 15.4, 14.141818, 13.552381, 14.180323 ] }, { "date": "2025-08-08", "close": 16.9, "volume": 24715, "typical_volume": 10117.6, "trend": 15.141667, "fair_value": 26.561218, "relative_strength": -1.243836, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.768092, "energy": 46.011517, "activity_lines": [ 16.173333, 14.774545, 13.835476, 14.288925 ] }, { "date": "2025-08-15", "close": 9.4, "volume": 336724, "typical_volume": 26933.7, "trend": 14.855, "fair_value": 26.400961, "relative_strength": -45.262054, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -33.631046, "energy": 21.077201, "activity_lines": [ 14.16, 13.954545, 13.407857, 13.918495 ] }, { "date": "2025-08-22", "close": 7.1, "volume": 345054, "typical_volume": 43627.25, "trend": 14.466667, "fair_value": 26.219551, "relative_strength": -58.878577, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.467427, "energy": 52.046611, "activity_lines": [ 11.606667, 12.769091, 12.798095, 13.418172 ] }, { "date": "2025-08-29", "close": 6.7, "volume": 270891, "typical_volume": 56651.25, "trend": 14.091667, "fair_value": 26.038141, "relative_strength": -59.808193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.753704, "energy": 73.147244, "activity_lines": [ 9.433333, 11.62, 12.198571, 12.917097 ] }, { "date": "2025-09-05", "close": 6.9, "volume": 47287, "typical_volume": 58879.6, "trend": 13.731667, "fair_value": 25.865705, "relative_strength": -57.936133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.085974, "energy": 80.93215, "activity_lines": [ 7.886667, 10.623636, 11.662381, 12.453118 ] }, { "date": "2025-09-12", "close": 6.95, "volume": 33787, "typical_volume": 60306.25, "trend": 13.38, "fair_value": 25.685897, "relative_strength": -57.024578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.632098, "energy": 83.48612, "activity_lines": [ 7.07, 9.707273, 11.172381, 12.015591 ] }, { "date": "2025-09-19", "close": 6.9, "volume": 17208, "typical_volume": 59460.6, "trend": 13.023333, "fair_value": 25.526282, "relative_strength": -56.866264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.352448, "energy": 81.163, "activity_lines": [ 6.9, 8.884545, 10.711667, 11.597527 ] }, { "date": "2025-09-26", "close": 7.05, "volume": 32815, "typical_volume": 60223.15, "trend": 12.705, "fair_value": 25.389423, "relative_strength": -55.198868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.044641, "energy": 71.505933, "activity_lines": [ 6.946667, 8.196364, 10.288095, 11.212151 ] }, { "date": "2025-10-03", "close": 7.1, "volume": 19123, "typical_volume": 61021.65, "trend": 12.363333, "fair_value": 25.216987, "relative_strength": -55.557166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.823341, "energy": 54.342141, "activity_lines": [ 7.013333, 7.658182, 9.890952, 10.850538 ] }, { "date": "2025-10-10", "close": 8.05, "volume": 100174, "typical_volume": 65791.9, "trend": 12.053333, "fair_value": 25.060897, "relative_strength": -48.385535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.717507, "energy": 45.491737, "activity_lines": [ 7.37, 7.438182, 9.606667, 10.572258 ] }, { "date": "2025-10-17", "close": 7.25, "volume": 38537, "typical_volume": 67557.15, "trend": 11.706667, "fair_value": 24.883013, "relative_strength": -52.614978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.884954, "energy": 41.131065, "activity_lines": [ 7.383333, 7.246364, 9.262619, 10.262366 ] }, { "date": "2025-10-24", "close": 7.15, "volume": 56615, "typical_volume": 70134.2, "trend": 11.373333, "fair_value": 24.699359, "relative_strength": -53.920532, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -46.897208, "energy": 39.831995, "activity_lines": [ 7.343333, 7.211818, 8.931667, 9.968387 ] }, { "date": "2025-10-31", "close": 6.6, "volume": 34328, "typical_volume": 71741.7, "trend": 11.018333, "fair_value": 24.513461, "relative_strength": -56.424709, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -63.615639, "energy": 46.660515, "activity_lines": [ 7.103333, 7.118182, 8.572857, 9.66043 ] }, { "date": "2025-11-07", "close": 9.8, "volume": 459749, "typical_volume": 94697.45, "trend": 10.811667, "fair_value": 24.345513, "relative_strength": -33.597533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.550104, "energy": 26.730428, "activity_lines": [ 7.96, 7.615455, 8.549762, 9.581828 ] }, { "date": "2025-11-14", "close": 9.45, "volume": 133368, "typical_volume": 101082.15, "trend": 10.606667, "fair_value": 24.181731, "relative_strength": -35.525211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.238689, "energy": 22.673188, "activity_lines": [ 8.52, 7.992727, 8.509048, 9.493978 ] }, { "date": "2025-11-21", "close": 8.45, "volume": 59949, "typical_volume": 103478.7, "trend": 10.418333, "fair_value": 24.00641, "relative_strength": -40.216908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.123415, "energy": 23.248657, "activity_lines": [ 8.653333, 8.141818, 8.379524, 9.354839 ] }, { "date": "2025-11-28", "close": 8.8, "volume": 27574, "typical_volume": 104708.5, "trend": 10.321667, "fair_value": 23.832051, "relative_strength": -38.765773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.601347, "energy": 22.247757, "activity_lines": [ 8.823333, 8.327273, 8.303095, 9.25043 ] }, { "date": "2025-12-05", "close": 8.95, "volume": 14703, "typical_volume": 105059.5, "trend": 10.233333, "fair_value": 23.665064, "relative_strength": -37.758883, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.261732, "energy": 15.930939, "activity_lines": [ 8.933333, 8.505455, 8.26, 9.161935 ] }, { "date": "2025-12-12", "close": 8.0, "volume": 57859, "typical_volume": 107670.25, "trend": 10.106667, "fair_value": 23.480449, "relative_strength": -43.371332, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.659118, "energy": 13.645673, "activity_lines": [ 8.57, 8.476364, 8.154286, 9.017849 ] }, { "date": "2025-12-19", "close": 8.6, "volume": 35926, "typical_volume": 107319.3, "trend": 10.01, "fair_value": 23.304808, "relative_strength": -38.531943, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.138906, "energy": 15.900741, "activity_lines": [ 8.526667, 8.54, 8.139524, 8.920645 ] }, { "date": "2025-12-26", "close": 9.55, "volume": 42085, "typical_volume": 108187.8, "trend": 9.928333, "fair_value": 23.128846, "relative_strength": -30.767112, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.79656, "energy": 5.789906, "activity_lines": [ 8.856667, 8.766364, 8.258095, 8.890968 ] }, { "date": "2026-01-02", "close": 11.8, "volume": 120833, "typical_volume": 97393.25, "trend": 9.911667, "fair_value": 22.967308, "relative_strength": -14.123294, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 14.353727, "energy": 21.840421, "activity_lines": [ 9.863333, 9.36, 8.625952, 9.01172 ] }, { "date": "2026-01-09", "close": 11.4, "volume": 72903, "typical_volume": 83785.7, "trend": 9.855, "fair_value": 22.800641, "relative_strength": -18.404038, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.267464, "energy": 41.312965, "activity_lines": [ 10.536667, 9.796364, 8.944286, 9.107742 ] }, { "date": "2026-01-16", "close": 12.0, "volume": 60538, "typical_volume": 73268.05, "trend": 9.818333, "fair_value": 22.646795, "relative_strength": -14.91189, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.201201, "energy": 54.142198, "activity_lines": [ 11.246667, 10.254545, 9.299286, 9.246129 ] }, { "date": "2026-01-23", "close": 19.799999, "volume": 1096577, "typical_volume": 125732.55, "trend": 10.118333, "fair_value": 22.522436, "relative_strength": 41.847789, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.300665, "energy": 70.286337, "activity_lines": [ 14.29, 12.090909, 10.371905, 9.890107 ] }, { "date": "2026-01-30", "close": 26.0, "volume": 1594113, "typical_volume": 203748.85, "trend": 10.565, "fair_value": 22.439102, "relative_strength": 84.040206, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.942376, "energy": 85.059348, "activity_lines": [ 18.653333, 14.866363, 11.973571, 10.914731 ] }, { "date": "2026-02-06", "close": 25.200001, "volume": 704397, "typical_volume": 238108.3, "trend": 10.978333, "fair_value": 22.353205, "relative_strength": 72.039423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.60131, "energy": 83.621999, "activity_lines": [ 21.653333, 17.177273, 13.408333, 11.858925 ] }, { "date": "2026-02-13", "close": 17.6, "volume": 210356, "typical_volume": 246985.35, "trend": 11.071667, "fair_value": 22.226282, "relative_strength": 20.576012, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.329725, "energy": 69.38622, "activity_lines": [ 21.226667, 17.808182, 14.032143, 12.286129 ] }, { "date": "2026-02-20", "close": 20.0, "volume": 228242, "typical_volume": 257441.3, "trend": 11.235, "fair_value": 22.104487, "relative_strength": 34.49829, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.187943, "energy": 49.644489, "activity_lines": [ 21.186667, 18.718182, 14.834286, 12.862151 ] }, { "date": "2026-02-27", "close": 17.799999, "volume": 192001, "typical_volume": 262032.65, "trend": 11.241667, "fair_value": 21.963461, "relative_strength": 18.409893, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.262887, "energy": 38.112747, "activity_lines": [ 19.88, 19.01, 15.365476, 13.285699 ] }, { "date": "2026-03-06", "close": 14.8, "volume": 131158, "typical_volume": 266663.7, "trend": 11.171667, "fair_value": 21.798077, "relative_strength": 5.06536, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.063779, "energy": 20.622441, "activity_lines": [ 17.706666, 18.589091, 15.564524, 13.515269 ] }, { "date": "2026-03-13", "close": 12.3, "volume": 121487, "typical_volume": 269907.3, "trend": 11.268333, "fair_value": 21.616667, "relative_strength": -11.227147, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.972811, "energy": 16.890074, "activity_lines": [ 15.446666, 17.618182, 15.489524, 13.588064 ] }, { "date": "2026-03-20", "close": 10.9, "volume": 93452, "typical_volume": 272863.5, "trend": 11.395, "fair_value": 21.396795, "relative_strength": -16.079093, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.658324, "energy": 16.170786, "activity_lines": [ 13.58, 16.383636, 15.256667, 13.564301 ] }, { "date": "2026-03-27", "close": 11.0, "volume": 64774, "typical_volume": 253114.75, "trend": 11.538333, "fair_value": 21.172436, "relative_strength": -14.229957, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.059565, "energy": 18.260105, "activity_lines": [ 12.193333, 15.176364, 15.012857, 13.538817 ] }, { "date": "2026-04-03", "close": 11.1, "volume": 85765, "typical_volume": 250734.6, "trend": 11.678333, "fair_value": 20.955128, "relative_strength": -15.034077, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.613815, "energy": 19.333907, "activity_lines": [ 11.44, 14.005454, 14.772857, 13.510538 ] }, { "date": "2026-04-10", "close": 13.0, "volume": 66848, "typical_volume": 251079.55, "trend": 11.88, "fair_value": 20.76282, "relative_strength": -3.911423, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.795492, "energy": 15.841553, "activity_lines": [ 11.766667, 13.338182, 14.705952, 13.595806 ] }, { "date": "2026-04-17", "close": 15.8, "volume": 101013, "typical_volume": 254751.5, "trend": 12.176667, "fair_value": 20.620513, "relative_strength": 14.976077, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.766231, "energy": 9.645788, "activity_lines": [ 13.146667, 13.416364, 14.884048, 13.84871 ] }, { "date": "2026-04-24", "close": 16.450001, "volume": 66960, "typical_volume": 257364.35, "trend": 12.49, "fair_value": 20.472115, "relative_strength": 23.111668, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.225762, "energy": 14.142941, "activity_lines": [ 14.51, 13.783637, 15.090714, 14.124409 ] }, { "date": "2026-05-01", "close": 15.8, "volume": 29554, "typical_volume": 255949.1, "trend": 12.78, "fair_value": 20.336218, "relative_strength": 19.595746, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.811093, "energy": 21.102196, "activity_lines": [ 15.286667, 14.053637, 15.199762, 14.337957 ] }, { "date": "2026-05-08", "close": 14.05, "volume": 38277, "typical_volume": 256066.65, "trend": 12.98, "fair_value": 20.196795, "relative_strength": 5.97086, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.884486, "energy": 22.37889, "activity_lines": [ 15.16, 14.081818, 15.105, 14.419892 ] }, { "date": "2026-05-15", "close": 15.0, "volume": 53155, "typical_volume": 256620.15, "trend": 13.238333, "fair_value": 20.062179, "relative_strength": 14.370227, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 33.045367, "energy": 21.255235, "activity_lines": [ 15.153333, 14.350909, 15.074762, 14.550215 ] }, { "date": "2026-05-22", "close": 15.05, "volume": 61195, "typical_volume": 253638.25, "trend": 13.501667, "fair_value": 19.934295, "relative_strength": 10.678833, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 33.126719, "energy": 17.03342, "activity_lines": [ 15.03, 14.625455, 15.023333, 14.667097 ] }, { "date": "2026-05-29", "close": 14.05, "volume": 35445, "typical_volume": 251765.35, "trend": 13.75, "fair_value": 19.770513, "relative_strength": 3.741971, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.092346, "energy": 5.660322, "activity_lines": [ 14.623333, 14.668182, 14.861191, 14.702473 ] }, { "date": "2026-06-05", "close": 14.4, "volume": 402, "typical_volume": 248758.55, "trend": 13.903333, "fair_value": 19.624359, "relative_strength": 7.189223, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.986115, "energy": 3.09538, "activity_lines": [ 14.493333, 14.717273, 14.719762, 14.744409 ] }, { "date": "2026-06-12", "close": 12.0, "volume": 13143, "typical_volume": 194586.85, "trend": 13.988333, "fair_value": 19.469231, "relative_strength": -10.003504, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.501713, "energy": 25.691769, "activity_lines": [ 13.656667, 14.268182, 14.338333, 14.621613 ] }, { "date": "2026-06-19", "close": 11.25, "volume": 32075, "typical_volume": 116484.95, "trend": 14.081667, "fair_value": 19.314423, "relative_strength": -16.676739, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.225489, "energy": 48.22758, "activity_lines": [ 12.706667, 13.666364, 13.922619, 14.444946 ] }, { "date": "2026-06-26", "close": 11.0, "volume": 3124, "typical_volume": 81421.3, "trend": 14.155, "fair_value": 19.145192, "relative_strength": -17.573707, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.248914, "energy": 56.580183, "activity_lines": [ 11.923333, 13.050909, 13.553333, 14.246129 ] }, { "date": "2026-07-03", "close": 10.05, "volume": 7604, "typical_volume": 71283.7, "trend": 14.191667, "fair_value": 18.986538, "relative_strength": -26.216726, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.451545, "energy": 74.625086, "activity_lines": [ 11.093333, 12.35, 13.161191, 13.98129 ] }, { "date": "2026-07-10", "close": 10.95, "volume": 5824, "typical_volume": 60162.8, "trend": 14.29, "fair_value": 18.819551, "relative_strength": -17.256716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.897639, "energy": 71.413469, "activity_lines": [ 10.83, 11.929091, 12.890714, 13.772151 ] }, { "date": "2026-07-17", "close": 9.74, "volume": 7096, "typical_volume": 50917.55, "trend": 14.328, "fair_value": 18.666602, "relative_strength": -24.734645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.794826, "energy": 76.780741, "activity_lines": [ 10.393333, 11.376364, 12.548095, 13.478602 ] }, { "date": "2026-07-24", "close": 10.35, "volume": 7763, "typical_volume": 44747.8, "trend": 14.354667, "fair_value": 18.507308, "relative_strength": -20.385007, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.16872, "energy": 68.704808, "activity_lines": [ 10.310667, 11.012909, 12.301952, 13.221957 ] }, { "date": "2026-07-31", "close": 10.45, "volume": 5583, "typical_volume": 38952.6, "trend": 14.309667, "fair_value": 18.343526, "relative_strength": -19.363859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.484137, "energy": 56.590229, "activity_lines": [ 10.321333, 10.752182, 12.086524, 12.970043 ] }, { "date": "2026-08-07", "close": 10.85, "volume": 15889, "typical_volume": 35074.45, "trend": 14.291333, "fair_value": 18.19641, "relative_strength": -16.638795, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.135287, "energy": 44.629127, "activity_lines": [ 10.502, 10.647818, 11.918, 12.746839 ] } ], "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." } } }