{ "ticker": { "uuid": "3be16d3b-8ce0-481d-af7a-afc0a190008b", "symbol": "INET", "name": "Internet Thailand 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 55.985, "architecture_energy": 40.058, "architecture_maturity": 59.466, "architecture_confidence": 57.63, "architecture_tenure": "Established", "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": 17.85, "rotation_up": 42.58, "upward_expansion": 77.03, "deceleration": 68.08, "rotation_down": 27.19, "downward_expansion": 6.03 }, "activity_lines": [ 4.172, 4.161091, 4.059745, 3.939102 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 4.16, "trend_reference": 3.803498, "distance_from_trend": 0.09373, "trend_direction": "Improving", "fair_value": 4.153703, "distance_from_fair_value": 0.001516, "fair_value_direction": "Improving", "relative_strength": -2.459904, "relative_strength_direction": "Improving", "price_momentum": 0.128732, "excess_performance": -0.063593, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09373, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.071068, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.001516, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.036478, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.024599, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.039269, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.128732, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.860873, "read": "Supply-led" } ], "volume": { "latest": 2839200, "relative_activity": 0.671693, "balance": 0.860873, "dry_up": 0.96036, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.050666, "annualized_volatility": 0.312771, "from_high_reference": -0.054545, "from_low_reference": 0.330788 }, "levels": { "trend_reference": 3.803498, "fair_value_reference": 4.153703, "structural_low": 3.183855, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.028, "positive_rate": 0.384615, "directional_follow_through": 0.384615, "median_excess_return": -0.034913, "regime_survival": 0.692308, "best_return": 1.138158, "worst_return": -0.190083, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.020393, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.050177, "regime_survival": 0.333333, "best_return": 0.633772, "worst_return": -0.221429, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.171907, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.140407, "regime_survival": 0.25, "best_return": 1.039801, "worst_return": -0.357519, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.216265, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.255925, "regime_survival": 0.0, "best_return": 0.426722, "worst_return": 0.005808, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-06-28", "tenure": "Established", "return": -0.047344, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-05", "end": "2024-08-02", "tenure": "Developing", "return": -0.026316, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-09", "end": "2024-09-20", "tenure": "Developing", "return": 0.088372, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.004202, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-10-18", "tenure": "New", "return": -0.060345, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": 0.12963, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2024-12-27", "tenure": "Developing", "return": -0.214286, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-03-28", "tenure": "Established", "return": -0.130909, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.12931, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2026-01-23", "tenure": "Extended", "return": -0.163696, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": 0.043243, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.141414, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.048125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.034826, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.394031, "volume": 2933200, "typical_volume": 2023900.0, "trend": 4.497672, "fair_value": 4.470217, "relative_strength": -1.162681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.883027, "energy": 28.533099, "activity_lines": [ 4.219986, 4.186447, 4.277627, 4.370235 ] }, { "date": "2023-08-25", "close": 4.375646, "volume": 2594500, "typical_volume": 2039790.0, "trend": 4.484439, "fair_value": 4.4814, "relative_strength": -3.898925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.598828, "energy": 20.076429, "activity_lines": [ 4.282495, 4.218537, 4.277169, 4.362363 ] }, { "date": "2023-09-01", "close": 4.35726, "volume": 3841200, "typical_volume": 2132395.0, "trend": 4.463089, "fair_value": 4.492235, "relative_strength": -4.146912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.929347, "energy": 22.030817, "activity_lines": [ 4.324167, 4.247619, 4.276636, 4.354158 ] }, { "date": "2023-09-08", "close": 4.449186, "volume": 2339800, "typical_volume": 2085730.0, "trend": 4.447805, "fair_value": 4.504463, "relative_strength": -0.89112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.570063, "energy": 21.531872, "activity_lines": [ 4.381774, 4.293414, 4.286408, 4.353261 ] }, { "date": "2023-09-15", "close": 4.449186, "volume": 2023100, "typical_volume": 1925855.0, "trend": 4.438524, "fair_value": 4.515315, "relative_strength": -0.259164, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 5.966656, "energy": 23.374455, "activity_lines": [ 4.417318, 4.333527, 4.29729, 4.35335 ] }, { "date": "2023-09-22", "close": 4.28372, "volume": 3410800, "typical_volume": 1992055.0, "trend": 4.423728, "fair_value": 4.523384, "relative_strength": -2.437471, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -6.037209, "energy": 14.892698, "activity_lines": [ 4.376871, 4.33687, 4.293526, 4.343362 ] }, { "date": "2023-09-29", "close": 4.155025, "volume": 2736400, "typical_volume": 2083125.0, "trend": 4.407644, "fair_value": 4.53212, "relative_strength": -1.961412, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.969974, "energy": 16.71336, "activity_lines": [ 4.30088, 4.313136, 4.27873, 4.326027 ] }, { "date": "2023-10-06", "close": 4.13664, "volume": 1339900, "typical_volume": 2017325.0, "trend": 4.390946, "fair_value": 4.539132, "relative_strength": -0.022168, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.227444, "energy": 29.845134, "activity_lines": [ 4.233468, 4.28606, 4.264285, 4.308542 ] }, { "date": "2023-10-13", "close": 4.118255, "volume": 948900, "typical_volume": 1982900.0, "trend": 4.378139, "fair_value": 4.544305, "relative_strength": -1.184679, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.919612, "energy": 40.154926, "activity_lines": [ 4.174636, 4.255641, 4.248526, 4.290949 ] }, { "date": "2023-10-20", "close": 3.952789, "volume": 1504400, "typical_volume": 1959350.0, "trend": 4.353812, "fair_value": 4.548417, "relative_strength": -1.500171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.510671, "energy": 73.085956, "activity_lines": [ 4.08271, 4.195138, 4.218585, 4.263508 ] }, { "date": "2023-10-27", "close": 3.677013, "volume": 1438400, "typical_volume": 1948640.0, "trend": 4.318792, "fair_value": 4.550877, "relative_strength": -7.385513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.105881, "energy": 86.333516, "activity_lines": [ 3.931953, 4.087836, 4.164918, 4.219843 ] }, { "date": "2023-11-03", "close": 3.750553, "volume": 1131300, "typical_volume": 1903200.0, "trend": 4.286224, "fair_value": 4.55507, "relative_strength": -7.345144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.38114, "energy": 84.449939, "activity_lines": [ 3.846156, 4.006941, 4.122369, 4.183182 ] }, { "date": "2023-11-10", "close": 3.750553, "volume": 763400, "typical_volume": 1855090.0, "trend": 4.255156, "fair_value": 4.560295, "relative_strength": -5.211663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.550611, "energy": 84.267673, "activity_lines": [ 3.787323, 3.937412, 4.082885, 4.148623 ] }, { "date": "2023-11-17", "close": 3.824094, "volume": 1648900, "typical_volume": 1783380.0, "trend": 4.22654, "fair_value": 4.566107, "relative_strength": -4.981962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.62256, "energy": 80.357545, "activity_lines": [ 3.778744, 3.892285, 4.053294, 4.120813 ] }, { "date": "2023-11-24", "close": 3.695398, "volume": 1674300, "typical_volume": 1799815.0, "trend": 4.193633, "fair_value": 4.569716, "relative_strength": -6.81982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.404807, "energy": 73.427146, "activity_lines": [ 3.746876, 3.835125, 4.012935, 4.086545 ] }, { "date": "2023-12-01", "close": 3.640243, "volume": 1104600, "typical_volume": 1766085.0, "trend": 4.163605, "fair_value": 4.572169, "relative_strength": -6.919106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.156329, "energy": 70.159504, "activity_lines": [ 3.713783, 3.781641, 3.969161, 4.050843 ] }, { "date": "2023-12-08", "close": 3.640243, "volume": 1461000, "typical_volume": 1770950.0, "trend": 4.131737, "fair_value": 4.575426, "relative_strength": -6.78989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.358218, "energy": 58.976515, "activity_lines": [ 3.683141, 3.739857, 3.927488, 4.017078 ] }, { "date": "2023-12-15", "close": 3.493162, "volume": 1357900, "typical_volume": 1808660.0, "trend": 4.107224, "fair_value": 4.57751, "relative_strength": -10.987734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.1651, "energy": 66.51105, "activity_lines": [ 3.610827, 3.68069, 3.874259, 3.975879 ] }, { "date": "2023-12-22", "close": 3.695398, "volume": 1602300, "typical_volume": 1867635.0, "trend": 4.082097, "fair_value": 4.579743, "relative_strength": -6.686082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.45638, "energy": 56.323945, "activity_lines": [ 3.623083, 3.669993, 3.843354, 3.94931 ] }, { "date": "2023-12-29", "close": 3.916019, "volume": 1897300, "typical_volume": 1887580.0, "trend": 4.0631, "fair_value": 4.58098, "relative_strength": -1.857638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.882252, "energy": 40.552868, "activity_lines": [ 3.71746, 3.707098, 3.835475, 3.938595 ] }, { "date": "2024-01-05", "close": 4.13664, "volume": 1414200, "typical_volume": 1811630.0, "trend": 4.049617, "fair_value": 4.582485, "relative_strength": 2.703794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.041528, "energy": 15.36769, "activity_lines": [ 3.870669, 3.784984, 3.849658, 3.94334 ] }, { "date": "2024-01-12", "close": 4.191794, "volume": 1912700, "typical_volume": 1777540.0, "trend": 4.042876, "fair_value": 4.583999, "relative_strength": 5.02507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.618529, "energy": 24.668643, "activity_lines": [ 4.00917, 3.864541, 3.870319, 3.952512 ] }, { "date": "2024-01-19", "close": 4.13664, "volume": 3563100, "typical_volume": 1763635.0, "trend": 4.035522, "fair_value": 4.585848, "relative_strength": 5.862974, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 24.773279, "energy": 38.152755, "activity_lines": [ 4.092515, 3.926047, 3.886603, 3.958562 ] }, { "date": "2024-01-26", "close": 4.28372, "volume": 2819700, "typical_volume": 1787630.0, "trend": 4.040425, "fair_value": 4.588754, "relative_strength": 10.55768, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.568596, "energy": 52.064527, "activity_lines": [ 4.181989, 4.007276, 3.917945, 3.974574 ] }, { "date": "2024-02-02", "close": 4.375646, "volume": 2340700, "typical_volume": 1803510.0, "trend": 4.05023, "fair_value": 4.592479, "relative_strength": 11.478051, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.738548, "energy": 69.405817, "activity_lines": [ 4.262884, 4.096861, 3.95883, 3.996202 ] }, { "date": "2024-02-09", "close": 4.17341, "volume": 2168900, "typical_volume": 1741415.0, "trend": 4.053294, "fair_value": 4.595367, "relative_strength": 5.955735, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.630475, "energy": 56.602879, "activity_lines": [ 4.245725, 4.137308, 3.980804, 4.004149 ] }, { "date": "2024-02-16", "close": 4.228565, "volume": 561800, "typical_volume": 1632685.0, "trend": 4.055745, "fair_value": 4.599985, "relative_strength": 7.381811, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.70262, "energy": 42.949945, "activity_lines": [ 4.244499, 4.17809, 4.008557, 4.015456 ] }, { "date": "2024-02-23", "close": 4.191794, "volume": 818200, "typical_volume": 1606600.0, "trend": 4.057584, "fair_value": 4.604482, "relative_strength": 5.469418, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.039063, "energy": 33.115062, "activity_lines": [ 4.228565, 4.201489, 4.032458, 4.024234 ] }, { "date": "2024-03-01", "close": 4.228565, "volume": 2163800, "typical_volume": 1667345.0, "trend": 4.061261, "fair_value": 4.608068, "relative_strength": 8.633219, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.560235, "energy": 25.500243, "activity_lines": [ 4.221211, 4.218871, 4.059597, 4.035265 ] }, { "date": "2024-03-08", "close": 4.265336, "volume": 1776700, "typical_volume": 1680960.0, "trend": 4.065551, "fair_value": 4.612462, "relative_strength": 7.946812, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.690914, "energy": 24.337601, "activity_lines": [ 4.229791, 4.233245, 4.089714, 4.048431 ] }, { "date": "2024-03-15", "close": 4.467571, "volume": 2065900, "typical_volume": 1712335.0, "trend": 4.068002, "fair_value": 4.617121, "relative_strength": 12.834183, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 73.976447, "energy": 49.04132, "activity_lines": [ 4.313136, 4.278038, 4.137603, 4.074368 ] }, { "date": "2024-03-22", "close": 4.596266, "volume": 3477200, "typical_volume": 1829630.0, "trend": 4.075356, "fair_value": 4.622949, "relative_strength": 16.202454, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.67604, "energy": 78.322814, "activity_lines": [ 4.41977, 4.340213, 4.193984, 4.108449 ] }, { "date": "2024-03-29", "close": 4.596266, "volume": 2380000, "typical_volume": 1910460.0, "trend": 4.083323, "fair_value": 4.62958, "relative_strength": 16.153724, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.806546, "energy": 83.135136, "activity_lines": [ 4.50189, 4.395033, 4.246337, 4.142056 ] }, { "date": "2024-04-05", "close": 4.467571, "volume": 1626400, "typical_volume": 1909335.0, "trend": 4.083936, "fair_value": 4.636648, "relative_strength": 12.906064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.605443, "energy": 78.612727, "activity_lines": [ 4.514146, 4.418098, 4.282407, 4.166847 ] }, { "date": "2024-04-12", "close": 4.467571, "volume": 542900, "typical_volume": 1852765.0, "trend": 4.084549, "fair_value": 4.644404, "relative_strength": 11.031765, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.284251, "energy": 71.909241, "activity_lines": [ 4.510469, 4.43782, 4.315413, 4.191597 ] }, { "date": "2024-04-19", "close": 4.467571, "volume": 0, "typical_volume": 1797535.0, "trend": 4.090677, "fair_value": 4.651931, "relative_strength": 16.120837, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.37744, "energy": 51.557747, "activity_lines": [ 4.49331, 4.455871, 4.344741, 4.216308 ] }, { "date": "2024-04-26", "close": 4.872043, "volume": 7286400, "typical_volume": 2088805.0, "trend": 4.114578, "fair_value": 4.660674, "relative_strength": 23.611399, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.702061, "energy": 63.759147, "activity_lines": [ 4.610975, 4.542114, 4.408651, 4.266719 ] }, { "date": "2024-05-03", "close": 4.622962, "volume": 6971300, "typical_volume": 2369475.0, "trend": 4.130788, "fair_value": 4.667361, "relative_strength": 16.119146, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.313054, "energy": 51.80386, "activity_lines": [ 4.627227, 4.57137, 4.442974, 4.299518 ] }, { "date": "2024-05-10", "close": 4.60417, "volume": 5558900, "typical_volume": 2567305.0, "trend": 4.146986, "fair_value": 4.675649, "relative_strength": 15.166037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.88689, "energy": 48.129563, "activity_lines": [ 4.635436, 4.589369, 4.470126, 4.330059 ] }, { "date": "2024-05-17", "close": 4.792095, "volume": 4814900, "typical_volume": 2713185.0, "trend": 4.174962, "fair_value": 4.685027, "relative_strength": 18.40513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.903016, "energy": 54.715587, "activity_lines": [ 4.69718, 4.634708, 4.510849, 4.371679 ] }, { "date": "2024-05-24", "close": 4.886057, "volume": 5534300, "typical_volume": 2919190.0, "trend": 4.215264, "fair_value": 4.693975, "relative_strength": 21.797336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.753367, "energy": 53.348866, "activity_lines": [ 4.768609, 4.687553, 4.556349, 4.417556 ] }, { "date": "2024-05-31", "close": 4.378659, "volume": 4978000, "typical_volume": 3072455.0, "trend": 4.236201, "fair_value": 4.699096, "relative_strength": 10.441471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.95363, "energy": 31.608551, "activity_lines": [ 4.643007, 4.640535, 4.549956, 4.428097 ] }, { "date": "2024-06-07", "close": 4.247112, "volume": 2058900, "typical_volume": 2997245.0, "trend": 4.252753, "fair_value": 4.703489, "relative_strength": 7.974086, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.694606, "energy": 10.700765, "activity_lines": [ 4.506448, 4.573556, 4.530145, 4.428801 ] }, { "date": "2024-06-14", "close": 4.171942, "volume": 5304400, "typical_volume": 3121480.0, "trend": 4.264348, "fair_value": 4.706941, "relative_strength": 7.924354, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -5.431267, "energy": 16.469521, "activity_lines": [ 4.36989, 4.499258, 4.50265, 4.423588 ] }, { "date": "2024-06-21", "close": 4.265904, "volume": 513000, "typical_volume": 3030095.0, "trend": 4.283365, "fair_value": 4.71111, "relative_strength": 10.102107, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -0.246045, "energy": 23.010161, "activity_lines": [ 4.293467, 4.447419, 4.484635, 4.423688 ] }, { "date": "2024-06-28", "close": 4.378659, "volume": 1499600, "typical_volume": 2996630.0, "trend": 4.307978, "fair_value": 4.715313, "relative_strength": 13.035958, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -17.284232, "energy": 27.132465, "activity_lines": [ 4.289708, 4.419748, 4.477881, 4.429836 ] }, { "date": "2024-07-05", "close": 4.284697, "volume": 4863800, "typical_volume": 3211730.0, "trend": 4.32946, "fair_value": 4.720291, "relative_strength": 9.308007, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.18124, "energy": 27.802609, "activity_lines": [ 4.288455, 4.376609, 4.461202, 4.428334 ] }, { "date": "2024-07-12", "close": 4.040394, "volume": 5619400, "typical_volume": 3451790.0, "trend": 4.347701, "fair_value": 4.720261, "relative_strength": 1.299484, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.744455, "energy": 36.838667, "activity_lines": [ 4.212032, 4.299731, 4.420988, 4.409685 ] }, { "date": "2024-07-19", "close": 4.190734, "volume": 935400, "typical_volume": 3390370.0, "trend": 4.364212, "fair_value": 4.719129, "relative_strength": 5.94119, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.797933, "energy": 24.419646, "activity_lines": [ 4.199504, 4.260779, 4.395813, 4.399558 ] }, { "date": "2024-07-26", "close": 4.115564, "volume": 1761300, "typical_volume": 3389600.0, "trend": 4.370864, "fair_value": 4.720613, "relative_strength": 4.518077, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.871255, "energy": 32.007689, "activity_lines": [ 4.160666, 4.215677, 4.363659, 4.383516 ] }, { "date": "2024-08-02", "close": 4.171942, "volume": 295900, "typical_volume": 3301100.0, "trend": 4.372041, "fair_value": 4.721082, "relative_strength": 5.149715, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.85546, "energy": 46.560443, "activity_lines": [ 4.150644, 4.193126, 4.337588, 4.370682 ] }, { "date": "2024-08-09", "close": 4.040394, "volume": 1486700, "typical_volume": 3201575.0, "trend": 4.366994, "fair_value": 4.72392, "relative_strength": 2.816032, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.623637, "energy": 50.608347, "activity_lines": [ 4.110553, 4.159641, 4.300396, 4.349286 ] }, { "date": "2024-08-16", "close": 4.040394, "volume": 2540200, "typical_volume": 3209585.0, "trend": 4.363786, "fair_value": 4.72607, "relative_strength": 2.21293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.813664, "energy": 53.379462, "activity_lines": [ 4.086749, 4.132307, 4.265851, 4.328215 ] }, { "date": "2024-08-23", "close": 4.209527, "volume": 1005600, "typical_volume": 3178545.0, "trend": 4.361313, "fair_value": 4.729189, "relative_strength": 2.218722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.674714, "energy": 37.114808, "activity_lines": [ 4.119323, 4.139482, 4.250061, 4.318263 ] }, { "date": "2024-08-30", "close": 4.171942, "volume": 1629500, "typical_volume": 3232875.0, "trend": 4.354523, "fair_value": 4.732412, "relative_strength": 0.814845, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.121189, "energy": 33.881817, "activity_lines": [ 4.138115, 4.13914, 4.23192, 4.306045 ] }, { "date": "2024-09-06", "close": 4.077979, "volume": 1910100, "typical_volume": 3328380.0, "trend": 4.351342, "fair_value": 4.734344, "relative_strength": -6.177479, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.176102, "energy": 33.424252, "activity_lines": [ 4.121828, 4.123423, 4.206238, 4.288204 ] }, { "date": "2024-09-13", "close": 4.153149, "volume": 1493300, "typical_volume": 3038725.0, "trend": 4.348828, "fair_value": 4.737331, "relative_strength": -4.248438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.518725, "energy": 23.889295, "activity_lines": [ 4.136862, 4.12684, 4.189571, 4.275417 ] }, { "date": "2024-09-20", "close": 4.397451, "volume": 2226900, "typical_volume": 2801505.0, "trend": 4.355683, "fair_value": 4.741999, "relative_strength": -0.657959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.758657, "energy": 12.408451, "activity_lines": [ 4.225813, 4.177067, 4.199593, 4.278554 ] }, { "date": "2024-09-27", "close": 4.472622, "volume": 13476400, "typical_volume": 3197380.0, "trend": 4.363818, "fair_value": 4.747149, "relative_strength": 0.981641, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.210683, "energy": 14.076963, "activity_lines": [ 4.316017, 4.234469, 4.217849, 4.286098 ] }, { "date": "2024-10-04", "close": 4.491415, "volume": 17099200, "typical_volume": 3811595.0, "trend": 4.371354, "fair_value": 4.752534, "relative_strength": 1.670348, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.429326, "energy": 31.82318, "activity_lines": [ 4.394946, 4.290164, 4.238521, 4.294331 ] }, { "date": "2024-10-11", "close": 4.359867, "volume": 14104500, "typical_volume": 4240105.0, "trend": 4.367764, "fair_value": 4.757191, "relative_strength": -3.12019, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.58998, "energy": 35.165973, "activity_lines": [ 4.408727, 4.315107, 4.248096, 4.293589 ] }, { "date": "2024-10-18", "close": 4.096772, "volume": 6352900, "typical_volume": 4308850.0, "trend": 4.351114, "fair_value": 4.759358, "relative_strength": -10.12906, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -22.395243, "energy": 20.083737, "activity_lines": [ 4.316018, 4.288797, 4.23512, 4.276106 ] }, { "date": "2024-10-25", "close": 4.059186, "volume": 4730000, "typical_volume": 4442405.0, "trend": 4.333211, "fair_value": 4.761742, "relative_strength": -9.418398, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.183061, "energy": 21.95448, "activity_lines": [ 4.214538, 4.254629, 4.219907, 4.257272 ] }, { "date": "2024-11-01", "close": 4.171942, "volume": 21820900, "typical_volume": 5268230.0, "trend": 4.323357, "fair_value": 4.766342, "relative_strength": -7.071111, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.870869, "energy": 26.691512, "activity_lines": [ 4.173195, 4.24062, 4.216328, 4.246868 ] }, { "date": "2024-11-08", "close": 4.585377, "volume": 37328200, "typical_volume": 7108990.0, "trend": 4.327284, "fair_value": 4.772444, "relative_strength": 1.826188, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -5.133194, "energy": 8.800554, "activity_lines": [ 4.289708, 4.302464, 4.252123, 4.263772 ] }, { "date": "2024-11-15", "close": 6.577385, "volume": 110277800, "typical_volume": 12547900.0, "trend": 4.397611, "fair_value": 4.790398, "relative_strength": 46.591773, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.792079, "energy": 87.950364, "activity_lines": [ 5.06396, 4.718975, 4.476112, 4.40894 ] }, { "date": "2024-11-22", "close": 6.201535, "volume": 204274700, "typical_volume": 22518445.0, "trend": 4.441928, "fair_value": 4.804795, "relative_strength": 36.477559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.549508, "energy": 93.866457, "activity_lines": [ 5.565094, 5.021706, 4.653836, 4.525322 ] }, { "date": "2024-11-29", "close": 5.402852, "volume": 107678800, "typical_volume": 27621415.0, "trend": 4.467924, "fair_value": 4.813957, "relative_strength": 19.62325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.929665, "energy": 82.93218, "activity_lines": [ 5.659683, 5.141978, 4.746367, 4.587317 ] }, { "date": "2024-12-06", "close": 5.825684, "volume": 103627500, "typical_volume": 32756020.0, "trend": 4.508641, "fair_value": 4.824912, "relative_strength": 25.763634, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.100295, "energy": 82.448445, "activity_lines": [ 5.805639, 5.320848, 4.872679, 4.674915 ] }, { "date": "2024-12-13", "close": 5.684741, "volume": 40806800, "typical_volume": 34708295.0, "trend": 4.538396, "fair_value": 4.835193, "relative_strength": 23.374812, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.713904, "energy": 56.797053, "activity_lines": [ 5.794363, 5.449492, 4.977783, 4.750792 ] }, { "date": "2024-12-20", "close": 5.167946, "volume": 73096800, "typical_volume": 38348340.0, "trend": 4.547792, "fair_value": 4.842391, "relative_strength": 16.824172, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.338694, "energy": 39.878191, "activity_lines": [ 5.537532, 5.462476, 5.026196, 4.791408 ] }, { "date": "2024-12-27", "close": 5.167946, "volume": 32028900, "typical_volume": 39875450.0, "trend": 4.574102, "fair_value": 4.849015, "relative_strength": 13.171735, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.217356, "energy": 28.654484, "activity_lines": [ 5.374664, 5.460768, 5.069867, 4.831418 ] }, { "date": "2025-01-03", "close": 5.167946, "volume": 10849500, "typical_volume": 40290915.0, "trend": 4.604796, "fair_value": 4.849443, "relative_strength": 13.974795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.493789, "energy": 19.867236, "activity_lines": [ 5.280701, 5.439583, 5.108168, 4.869731 ] }, { "date": "2025-01-10", "close": 4.60417, "volume": 55772500, "typical_volume": 43029260.0, "trend": 4.619204, "fair_value": 4.823023, "relative_strength": 2.54496, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.813447, "energy": 18.291891, "activity_lines": [ 5.014474, 5.295735, 5.087406, 4.86969 ] }, { "date": "2025-01-17", "close": 4.453829, "volume": 43997900, "typical_volume": 45147680.0, "trend": 4.625468, "fair_value": 4.798795, "relative_strength": 1.02559, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.240238, "energy": 16.463427, "activity_lines": [ 4.779567, 5.116693, 5.050448, 4.859021 ] }, { "date": "2025-01-24", "close": 5.543797, "volume": 55928100, "typical_volume": 47848580.0, "trend": 4.664306, "fair_value": 4.79016, "relative_strength": 23.803737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.950287, "energy": 19.296937, "activity_lines": [ 4.990043, 5.13822, 5.115953, 4.918268 ] }, { "date": "2025-01-31", "close": 5.167946, "volume": 38482800, "typical_volume": 49698055.0, "trend": 4.693748, "fair_value": 4.774525, "relative_strength": 18.3544, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.701788, "energy": 11.803951, "activity_lines": [ 5.050179, 5.110202, 5.138683, 4.950761 ] }, { "date": "2025-02-07", "close": 4.886057, "volume": 39577300, "typical_volume": 51565575.0, "trend": 4.721936, "fair_value": 4.758804, "relative_strength": 14.195164, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.942647, "energy": 7.370685, "activity_lines": [ 5.016353, 5.049724, 5.129734, 4.963168 ] }, { "date": "2025-02-14", "close": 5.120964, "volume": 20726000, "typical_volume": 51928055.0, "trend": 4.752944, "fair_value": 4.744876, "relative_strength": 19.951111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.549211, "energy": 15.422787, "activity_lines": [ 5.079621, 5.041352, 5.140831, 4.988912 ] }, { "date": "2025-02-21", "close": 5.308889, "volume": 27979400, "typical_volume": 52472065.0, "trend": 4.792722, "fair_value": 4.7333, "relative_strength": 26.025128, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.886163, "energy": 16.789614, "activity_lines": [ 5.171077, 5.079962, 5.166738, 5.024779 ] }, { "date": "2025-02-28", "close": 4.745114, "volume": 36822400, "typical_volume": 53607960.0, "trend": 4.811827, "fair_value": 4.720692, "relative_strength": 16.057082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.680611, "energy": 5.035488, "activity_lines": [ 5.017605, 5.022901, 5.135059, 5.021707 ] }, { "date": "2025-03-07", "close": 4.745114, "volume": 30528400, "typical_volume": 54816735.0, "trend": 4.835318, "fair_value": 4.708944, "relative_strength": 15.64989, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.61111, "energy": 10.513785, "activity_lines": [ 4.917379, 4.973528, 5.101545, 5.017403 ] }, { "date": "2025-03-14", "close": 4.60417, "volume": 16741600, "typical_volume": 55417315.0, "trend": 4.85411, "fair_value": 4.695719, "relative_strength": 14.46645, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.132873, "energy": 23.011189, "activity_lines": [ 4.798359, 4.906217, 5.051522, 5.002491 ] }, { "date": "2025-03-21", "close": 4.622962, "volume": 19556600, "typical_volume": 55304100.0, "trend": 4.867892, "fair_value": 4.679746, "relative_strength": 13.327893, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.193251, "energy": 32.079188, "activity_lines": [ 4.704397, 4.852573, 5.000692, 4.987578 ] }, { "date": "2025-03-28", "close": 4.491415, "volume": 7618700, "typical_volume": 53818625.0, "trend": 4.878541, "fair_value": 4.662643, "relative_strength": 10.847488, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.312234, "energy": 42.452508, "activity_lines": [ 4.599785, 4.774669, 4.935187, 4.963289 ] }, { "date": "2025-04-04", "close": 4.359867, "volume": 11791000, "typical_volume": 48894285.0, "trend": 4.887937, "fair_value": 4.648426, "relative_strength": 12.013443, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.04704, "energy": 46.509751, "activity_lines": [ 4.505822, 4.672165, 4.857601, 4.929826 ] }, { "date": "2025-04-11", "close": 3.796091, "volume": 31835500, "typical_volume": 40272325.0, "trend": 4.876035, "fair_value": 4.631455, "relative_strength": -2.857731, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.741451, "energy": 70.504813, "activity_lines": [ 4.249617, 4.488681, 4.736881, 4.859384 ] }, { "date": "2025-04-18", "close": 4.153149, "volume": 6326300, "typical_volume": 35204700.0, "trend": 4.867892, "fair_value": 4.617634, "relative_strength": 4.07396, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.556622, "energy": 65.789729, "activity_lines": [ 4.1757, 4.39506, 4.661621, 4.812747 ] }, { "date": "2025-04-25", "close": 4.510207, "volume": 18016300, "typical_volume": 30924140.0, "trend": 4.869144, "fair_value": 4.605814, "relative_strength": 12.044501, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.48922, "energy": 59.794283, "activity_lines": [ 4.25087, 4.379684, 4.626318, 4.78967 ] }, { "date": "2025-05-02", "close": 4.476693, "volume": 7359100, "typical_volume": 29251755.0, "trend": 4.868654, "fair_value": 4.595501, "relative_strength": 7.290225, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.58669, "energy": 44.320093, "activity_lines": [ 4.322386, 4.36932, 4.594087, 4.764351 ] }, { "date": "2025-05-09", "close": 4.631062, "volume": 10430600, "typical_volume": 26118445.0, "trend": 4.877694, "fair_value": 4.589399, "relative_strength": 9.61004, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.985295, "energy": 22.57317, "activity_lines": [ 4.446339, 4.402153, 4.582311, 4.749022 ] }, { "date": "2025-05-16", "close": 4.225844, "volume": 11839700, "typical_volume": 25108985.0, "trend": 4.881996, "fair_value": 4.579255, "relative_strength": 1.249979, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.217997, "energy": 22.239839, "activity_lines": [ 4.417141, 4.363384, 4.534499, 4.706967 ] }, { "date": "2025-05-23", "close": 3.974994, "volume": 16814800, "typical_volume": 25407250.0, "trend": 4.87919, "fair_value": 4.565772, "relative_strength": -3.081074, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.860963, "energy": 34.815542, "activity_lines": [ 4.275675, 4.288448, 4.467283, 4.648451 ] }, { "date": "2025-05-30", "close": 4.090771, "volume": 7761400, "typical_volume": 23006695.0, "trend": 4.876484, "fair_value": 4.553031, "relative_strength": 1.928933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.766662, "energy": 43.854011, "activity_lines": [ 4.184679, 4.246001, 4.416774, 4.597586 ] }, { "date": "2025-06-06", "close": 3.99429, "volume": 2621500, "typical_volume": 20937875.0, "trend": 4.856781, "fair_value": 4.541404, "relative_strength": 0.460085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.955258, "energy": 62.129655, "activity_lines": [ 4.089484, 4.195688, 4.359521, 4.54067 ] }, { "date": "2025-06-13", "close": 3.955698, "volume": 4805100, "typical_volume": 18381725.0, "trend": 4.769391, "fair_value": 4.534146, "relative_strength": 0.523665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.366334, "energy": 66.832293, "activity_lines": [ 4.013586, 4.147398, 4.300781, 4.482535 ] }, { "date": "2025-06-20", "close": 3.878514, "volume": 3991600, "typical_volume": 16657165.0, "trend": 4.691957, "fair_value": 4.526972, "relative_strength": 3.437679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.644876, "energy": 66.172377, "activity_lines": [ 3.956985, 4.092422, 4.242252, 4.425059 ] }, { "date": "2025-06-27", "close": 3.955698, "volume": 6894100, "typical_volume": 15023005.0, "trend": 4.643719, "fair_value": 4.520003, "relative_strength": 3.890371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.366078, "energy": 53.108859, "activity_lines": [ 3.949266, 4.049981, 4.197214, 4.377559 ] }, { "date": "2025-07-04", "close": 4.110067, "volume": 6847600, "typical_volume": 14329085.0, "trend": 4.586532, "fair_value": 4.516622, "relative_strength": 4.098335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.57857, "energy": 39.913927, "activity_lines": [ 3.99429, 4.039198, 4.171309, 4.34313 ] }, { "date": "2025-07-11", "close": 4.013587, "volume": 4486700, "typical_volume": 13154450.0, "trend": 4.530827, "fair_value": 4.512045, "relative_strength": 1.244881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.824134, "energy": 38.083424, "activity_lines": [ 4.005868, 4.018147, 4.141028, 4.306165 ] }, { "date": "2025-07-18", "close": 4.187252, "volume": 4627800, "typical_volume": 11544720.0, "trend": 4.498137, "fair_value": 4.507138, "relative_strength": -2.00857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.861403, "energy": 25.680594, "activity_lines": [ 4.074048, 4.037093, 4.133456, 4.283999 ] }, { "date": "2025-07-25", "close": 3.974994, "volume": 5355100, "typical_volume": 10286055.0, "trend": 4.458372, "fair_value": 4.499716, "relative_strength": -7.84253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.602402, "energy": 25.899468, "activity_lines": [ 4.056038, 4.025515, 4.108324, 4.250248 ] }, { "date": "2025-08-01", "close": 3.878514, "volume": 9766500, "typical_volume": 9937300.0, "trend": 4.415391, "fair_value": 4.49081, "relative_strength": -10.169485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.085456, "energy": 36.609149, "activity_lines": [ 3.999436, 4.000956, 4.077672, 4.212838 ] }, { "date": "2025-08-08", "close": 3.917106, "volume": 11250700, "typical_volume": 9522005.0, "trend": 4.392488, "fair_value": 4.483016, "relative_strength": -12.209379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.612023, "energy": 36.894423, "activity_lines": [ 3.960844, 3.985169, 4.05415, 4.180691 ] }, { "date": "2025-08-15", "close": 3.839922, "volume": 13949600, "typical_volume": 9838550.0, "trend": 4.372025, "fair_value": 4.473863, "relative_strength": -13.93893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.592243, "energy": 56.592023, "activity_lines": [ 3.909388, 3.958505, 4.026639, 4.145041 ] }, { "date": "2025-08-22", "close": 3.820626, "volume": 5915300, "typical_volume": 9544765.0, "trend": 4.314586, "fair_value": 4.464297, "relative_strength": -13.932003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.470197, "energy": 65.160832, "activity_lines": [ 3.863077, 3.93114, 4.000392, 4.109467 ] }, { "date": "2025-08-29", "close": 3.743441, "volume": 11178600, "typical_volume": 8511920.0, "trend": 4.267102, "fair_value": 4.45539, "relative_strength": -14.506729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.158248, "energy": 66.571916, "activity_lines": [ 3.81548, 3.892197, 3.969362, 4.072619 ] }, { "date": "2025-09-05", "close": 3.782034, "volume": 2802700, "typical_volume": 8335740.0, "trend": 4.230302, "fair_value": 4.443845, "relative_strength": -15.611781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.632172, "energy": 61.677762, "activity_lines": [ 3.796184, 3.862726, 3.942259, 4.041324 ] }, { "date": "2025-09-12", "close": 3.839922, "volume": 11252200, "typical_volume": 7997535.0, "trend": 4.1876, "fair_value": 4.433537, "relative_strength": -16.252866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.88532, "energy": 44.926029, "activity_lines": [ 3.802616, 3.846939, 3.922436, 4.016139 ] }, { "date": "2025-09-19", "close": 3.859218, "volume": 8187800, "typical_volume": 8038970.0, "trend": 4.139278, "fair_value": 4.42393, "relative_strength": -15.753386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.443115, "energy": 39.708255, "activity_lines": [ 3.820626, 3.839571, 3.907642, 3.994953 ] }, { "date": "2025-09-26", "close": 3.762738, "volume": 7374400, "typical_volume": 7886160.0, "trend": 4.106532, "fair_value": 4.417456, "relative_strength": -16.89762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.457081, "energy": 39.979009, "activity_lines": [ 3.805189, 3.817468, 3.8866, 3.97066 ] }, { "date": "2025-10-03", "close": 3.511888, "volume": 12533200, "typical_volume": 7920835.0, "trend": 4.065424, "fair_value": 4.408797, "relative_strength": -23.16451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.837869, "energy": 52.423401, "activity_lines": [ 3.709995, 3.757475, 3.845803, 3.932296 ] }, { "date": "2025-10-10", "close": 3.646961, "volume": 5007100, "typical_volume": 7330450.0, "trend": 4.033518, "fair_value": 4.40187, "relative_strength": -19.740597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.008823, "energy": 52.289726, "activity_lines": [ 3.675262, 3.73046, 3.821269, 3.905298 ] }, { "date": "2025-10-17", "close": 3.473296, "volume": 3559600, "typical_volume": 7120360.0, "trend": 3.995195, "fair_value": 4.392675, "relative_strength": -22.810206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.516183, "energy": 73.226596, "activity_lines": [ 3.591645, 3.676081, 3.781758, 3.869155 ] }, { "date": "2025-10-24", "close": 3.492592, "volume": 3302900, "typical_volume": 7154430.0, "trend": 3.961901, "fair_value": 4.383603, "relative_strength": -24.655562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.510194, "energy": 76.235218, "activity_lines": [ 3.538903, 3.633278, 3.747025, 3.836729 ] }, { "date": "2025-10-31", "close": 3.396112, "volume": 5654100, "typical_volume": 7196880.0, "trend": 3.929776, "fair_value": 4.373048, "relative_strength": -26.387474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.981732, "energy": 76.332466, "activity_lines": [ 3.478442, 3.579249, 3.705492, 3.800226 ] }, { "date": "2025-11-07", "close": 3.511888, "volume": 5604000, "typical_volume": 7277500.0, "trend": 3.920303, "fair_value": 4.365255, "relative_strength": -23.310777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.121883, "energy": 66.780288, "activity_lines": [ 3.481014, 3.553989, 3.677651, 3.773266 ] }, { "date": "2025-11-14", "close": 3.396112, "volume": 2837400, "typical_volume": 7074665.0, "trend": 3.895068, "fair_value": 4.356431, "relative_strength": -23.080101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.028947, "energy": 68.564374, "activity_lines": [ 3.444995, 3.511888, 3.640529, 3.739447 ] }, { "date": "2025-11-21", "close": 3.299631, "volume": 2842800, "typical_volume": 6874425.0, "trend": 3.854715, "fair_value": 4.347566, "relative_strength": -23.680699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.305344, "energy": 65.666786, "activity_lines": [ 3.393539, 3.459263, 3.596883, 3.701031 ] }, { "date": "2025-11-28", "close": 3.241743, "volume": 1272100, "typical_volume": 6713695.0, "trend": 3.81355, "fair_value": 4.338041, "relative_strength": -24.649586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.29006, "energy": 71.413322, "activity_lines": [ 3.334364, 3.405935, 3.551583, 3.661485 ] }, { "date": "2025-12-05", "close": 3.183855, "volume": 2174400, "typical_volume": 6591025.0, "trend": 3.76531, "fair_value": 4.328145, "relative_strength": -26.361712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.142185, "energy": 78.978648, "activity_lines": [ 3.272617, 3.35331, 3.504446, 3.620859 ] }, { "date": "2025-12-12", "close": 3.222447, "volume": 12903100, "typical_volume": 6968425.0, "trend": 3.731864, "fair_value": 4.319074, "relative_strength": -23.694404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.929351, "energy": 71.424172, "activity_lines": [ 3.237884, 3.318226, 3.465761, 3.585836 ] }, { "date": "2025-12-19", "close": 3.396112, "volume": 4750700, "typical_volume": 6717635.0, "trend": 3.712568, "fair_value": 4.312097, "relative_strength": -18.962552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.483427, "energy": 52.976634, "activity_lines": [ 3.280335, 3.31998, 3.4472, 3.564175 ] }, { "date": "2025-12-26", "close": 3.492592, "volume": 4254000, "typical_volume": 6367800.0, "trend": 3.692628, "fair_value": 4.304758, "relative_strength": -16.690078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.725535, "energy": 36.230623, "activity_lines": [ 3.354947, 3.343837, 3.440125, 3.549983 ] }, { "date": "2026-01-02", "close": 3.511888, "volume": 661300, "typical_volume": 5703385.0, "trend": 3.676548, "fair_value": 4.297542, "relative_strength": -15.798559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.937001, "energy": 23.04215, "activity_lines": [ 3.423126, 3.370851, 3.436909, 3.538322 ] }, { "date": "2026-01-09", "close": 3.492592, "volume": 2862900, "typical_volume": 5550765.0, "trend": 3.661111, "fair_value": 4.289625, "relative_strength": -15.603966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.380209, "energy": 27.24441, "activity_lines": [ 3.466864, 3.394007, 3.433417, 3.526454 ] }, { "date": "2026-01-16", "close": 3.473296, "volume": 4339300, "typical_volume": 5208800.0, "trend": 3.647604, "fair_value": 4.281296, "relative_strength": -17.196314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.131146, "energy": 25.242208, "activity_lines": [ 3.483587, 3.411899, 3.42965, 3.514337 ] }, { "date": "2026-01-23", "close": 3.473296, "volume": 17192600, "typical_volume": 5928295.0, "trend": 3.631524, "fair_value": 4.272967, "relative_strength": -18.951942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.433428, "energy": 16.956315, "activity_lines": [ 3.483587, 3.430494, 3.427169, 3.503091 ] }, { "date": "2026-01-30", "close": 3.569777, "volume": 5858200, "typical_volume": 5658595.0, "trend": 3.613514, "fair_value": 4.263813, "relative_strength": -16.798441, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.984925, "energy": 11.768912, "activity_lines": [ 3.510602, 3.465227, 3.435347, 3.499107 ] }, { "date": "2026-02-06", "close": 3.685553, "volume": 6605100, "typical_volume": 5579460.0, "trend": 3.60258, "fair_value": 4.255979, "relative_strength": -15.353392, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.092183, "energy": 21.916029, "activity_lines": [ 3.571063, 3.516098, 3.455838, 3.503755 ] }, { "date": "2026-02-13", "close": 3.724145, "volume": 6571700, "typical_volume": 5539325.0, "trend": 3.587143, "fair_value": 4.249546, "relative_strength": -18.341014, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.232276, "energy": 50.077287, "activity_lines": [ 3.63281, 3.565917, 3.480831, 3.511598 ] }, { "date": "2026-02-20", "close": 3.820626, "volume": 8066500, "typical_volume": 5315990.0, "trend": 3.581997, "fair_value": 4.243732, "relative_strength": -18.188596, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.330279, "energy": 66.213807, "activity_lines": [ 3.711281, 3.623455, 3.515196, 3.526661 ] }, { "date": "2026-02-27", "close": 3.878514, "volume": 6688600, "typical_volume": 5400065.0, "trend": 3.581997, "fair_value": 4.238867, "relative_strength": -18.893459, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.196309, "energy": 74.623058, "activity_lines": [ 3.785893, 3.680641, 3.553605, 3.545791 ] }, { "date": "2026-03-06", "close": 3.473296, "volume": 8997100, "typical_volume": 5671940.0, "trend": 3.567204, "fair_value": 4.231404, "relative_strength": -20.571186, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.174512, "energy": 37.147067, "activity_lines": [ 3.698417, 3.655381, 3.552318, 3.538778 ] }, { "date": "2026-03-13", "close": 3.280335, "volume": 6841700, "typical_volume": 5848880.0, "trend": 3.548551, "fair_value": 4.223569, "relative_strength": -24.179503, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -16.028589, "energy": 9.592947, "activity_lines": [ 3.553053, 3.595388, 3.532655, 3.520271 ] }, { "date": "2026-03-20", "close": 3.434704, "volume": 3792100, "typical_volume": 5755780.0, "trend": 3.535687, "fair_value": 4.21557, "relative_strength": -21.180969, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.084063, "energy": 18.375677, "activity_lines": [ 3.48616, 3.567672, 3.528703, 3.512926 ] }, { "date": "2026-03-27", "close": 3.376816, "volume": 1633200, "typical_volume": 5557240.0, "trend": 3.523466, "fair_value": 4.206911, "relative_strength": -22.533629, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.46326, "energy": 31.038886, "activity_lines": [ 3.419267, 3.530483, 3.519055, 3.502676 ] }, { "date": "2026-04-03", "close": 3.415408, "volume": 2526200, "typical_volume": 5541680.0, "trend": 3.511245, "fair_value": 4.1985, "relative_strength": -21.255834, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.166005, "energy": 31.574665, "activity_lines": [ 3.394825, 3.502065, 3.513726, 3.495704 ] }, { "date": "2026-04-10", "close": 3.531184, "volume": 1785300, "typical_volume": 5488805.0, "trend": 3.500954, "fair_value": 4.191119, "relative_strength": -20.921505, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.551987, "energy": 19.536459, "activity_lines": [ 3.43985, 3.49575, 3.519331, 3.496991 ] }, { "date": "2026-04-17", "close": 3.434704, "volume": 1034400, "typical_volume": 5476920.0, "trend": 3.486803, "fair_value": 4.18312, "relative_strength": -21.155802, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.772256, "energy": 13.877586, "activity_lines": [ 3.448854, 3.472594, 3.514645, 3.492717 ] }, { "date": "2026-04-24", "close": 3.473296, "volume": 2391900, "typical_volume": 5487795.0, "trend": 3.477155, "fair_value": 4.175368, "relative_strength": -18.019064, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.35828, "energy": 6.779463, "activity_lines": [ 3.460432, 3.461017, 3.512715, 3.491845 ] }, { "date": "2026-05-01", "close": 3.6, "volume": 3523300, "typical_volume": 5018805.0, "trend": 3.480092, "fair_value": 4.169335, "relative_strength": -16.435786, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.044897, "energy": 12.796602, "activity_lines": [ 3.511671, 3.477037, 3.521474, 3.499771 ] }, { "date": "2026-05-08", "close": 4.02, "volume": 10880400, "typical_volume": 5325290.0, "trend": 3.492527, "fair_value": 4.165641, "relative_strength": -6.386776, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.159882, "energy": 59.094983, "activity_lines": [ 3.688032, 3.573432, 3.568436, 3.534603 ] }, { "date": "2026-05-15", "close": 4.18, "volume": 16908000, "typical_volume": 5957990.0, "trend": 3.516084, "fair_value": 4.16533, "relative_strength": -3.281777, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.960847, "energy": 80.188008, "activity_lines": [ 3.87742, 3.696346, 3.627664, 3.578957 ] }, { "date": "2026-05-22", "close": 4.0, "volume": 6057100, "typical_volume": 6227780.0, "trend": 3.532997, "fair_value": 4.16245, "relative_strength": -8.209794, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.068738, "energy": 77.887936, "activity_lines": [ 3.963553, 3.773683, 3.666476, 3.610177 ] }, { "date": "2026-05-29", "close": 3.94, "volume": 5695400, "typical_volume": 6369405.0, "trend": 3.551127, "fair_value": 4.158951, "relative_strength": -10.663326, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.199513, "energy": 77.821759, "activity_lines": [ 3.992, 3.827027, 3.69725, 3.636435 ] }, { "date": "2026-06-05", "close": 4.1, "volume": 1085600, "typical_volume": 6206720.0, "trend": 3.570731, "fair_value": 4.156123, "relative_strength": -7.285406, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.552822, "energy": 82.19297, "activity_lines": [ 4.042667, 3.900274, 3.741131, 3.671846 ] }, { "date": "2026-06-12", "close": 3.94, "volume": 1449100, "typical_volume": 5419545.0, "trend": 3.58886, "fair_value": 4.153212, "relative_strength": -10.80841, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.29589, "energy": 59.095632, "activity_lines": [ 4.006667, 3.931281, 3.76679, 3.69567 ] }, { "date": "2026-06-19", "close": 4.06, "volume": 650300, "typical_volume": 5159150.0, "trend": 3.614206, "fair_value": 4.151307, "relative_strength": -6.245177, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.587604, "energy": 51.498297, "activity_lines": [ 4.016, 3.974569, 3.801655, 3.726066 ] }, { "date": "2026-06-26", "close": 3.98, "volume": 478400, "typical_volume": 4852815.0, "trend": 3.638815, "fair_value": 4.150303, "relative_strength": -5.587246, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.951193, "energy": 45.775837, "activity_lines": [ 4.006667, 3.993696, 3.826566, 3.749666 ] }, { "date": "2026-07-03", "close": 4.28, "volume": 2297200, "typical_volume": 4639090.0, "trend": 3.675353, "fair_value": 4.151575, "relative_strength": -2.116639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.940603, "energy": 53.656184, "activity_lines": [ 4.098667, 4.057455, 3.878647, 3.791033 ] }, { "date": "2026-07-10", "close": 4.28, "volume": 9905300, "typical_volume": 4731030.0, "trend": 3.710604, "fair_value": 4.152848, "relative_strength": -2.083983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.217786, "energy": 56.013026, "activity_lines": [ 4.168, 4.106545, 3.928081, 3.830042 ] }, { "date": "2026-07-17", "close": 4.24, "volume": 5394300, "typical_volume": 4666315.0, "trend": 3.738734, "fair_value": 4.153393, "relative_strength": -3.425489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.179274, "energy": 57.682094, "activity_lines": [ 4.212, 4.136, 3.971518, 3.864197 ] }, { "date": "2026-07-24", "close": 4.1, "volume": 5417000, "typical_volume": 4487310.0, "trend": 3.758981, "fair_value": 4.153158, "relative_strength": -6.3604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.149164, "energy": 50.59923, "activity_lines": [ 4.189333, 4.136, 3.9999, 3.887504 ] }, { "date": "2026-07-31", "close": 4.18, "volume": 2587000, "typical_volume": 4274575.0, "trend": 3.781251, "fair_value": 4.153554, "relative_strength": -3.027234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.955746, "energy": 44.803968, "activity_lines": [ 4.190667, 4.152, 4.032917, 3.914667 ] }, { "date": "2026-08-07", "close": 4.16, "volume": 2839200, "typical_volume": 4226930.0, "trend": 3.803498, "fair_value": 4.153703, "relative_strength": -2.459904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.984995, "energy": 40.058109, "activity_lines": [ 4.172, 4.161091, 4.059745, 3.939102 ] } ], "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." } } }