{ "ticker": { "uuid": "3d4b42f3-daf6-4653-89f2-7c502e6067f9", "symbol": "KANANIIND", "name": "Kanani Industries Limited", "exchange": "NSI", "country": "IN", "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": "^NSEI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 86.828, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -12.311, "architecture_energy": 22.542, "architecture_maturity": 25.2, "architecture_confidence": 50.462, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 58.27, "rotation_up": 20.3, "upward_expansion": 18.41, "deceleration": 54.11, "rotation_down": 48.11, "downward_expansion": 45.75 }, "activity_lines": [ 1.502, 1.515636, 1.542143, 1.533011 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 1.51, "trend_reference": 1.533, "distance_from_trend": -0.015003, "trend_direction": "Weakening", "fair_value": 2.685929, "distance_from_fair_value": -0.437811, "fair_value_direction": "Weakening", "relative_strength": -8.758528, "relative_strength_direction": "Weakening", "price_momentum": -0.122093, "excess_performance": -0.078384, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.015003, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.043071, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.437811, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.006711, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.087585, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.022303, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.122093, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.232215, "read": "Demand-led" } ], "volume": { "latest": 362249, "relative_activity": 0.489989, "balance": 1.232215, "dry_up": 0.61344, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.084055, "annualized_volatility": 0.566801, "from_high_reference": -0.334802, "from_low_reference": 0.480392 }, "levels": { "trend_reference": 1.533, "fair_value_reference": 2.685929, "structural_low": 1.02, "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": 13, "median_return": -0.017241, "positive_rate": 0.461538, "directional_follow_through": 0.461538, "median_excess_return": -0.024957, "regime_survival": 0.769231, "best_return": 0.48538, "worst_return": -0.186667, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.022342, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.056784, "regime_survival": 0.5, "best_return": 0.231788, "worst_return": -0.351351, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.162162, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.22202, "regime_survival": 0.666667, "best_return": -0.03871, "worst_return": -0.261745, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.232197, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.380239, "regime_survival": 0.5, "best_return": -0.194595, "worst_return": -0.269799, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-03-03", "end": "2023-05-19", "tenure": "Developing", "return": 0.111842, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-05-26", "end": "2023-08-25", "tenure": "Established", "return": -0.100629, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-09-01", "end": "2023-09-08", "tenure": "New", "return": 0.049296, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-15", "end": "2023-09-29", "tenure": "New", "return": -0.030675, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-10-06", "end": "2023-11-03", "tenure": "Developing", "return": -0.242105, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-10", "end": "2024-01-26", "tenure": "Developing", "return": 0.367347, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-02", "end": "2024-03-08", "tenure": "Developing", "return": -0.299213, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-15", "end": "2024-05-10", "tenure": "Developing", "return": -0.116883, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-17", "end": "2024-05-24", "tenure": "New", "return": 0.028169, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-31", "end": "2024-08-09", "tenure": "Developing", "return": -0.140845, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": -0.033223, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2026-05-01", "tenure": "Extended", "return": -0.425532, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": -0.054878, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.038217, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.55, "volume": 343044, "typical_volume": 914748.5, "trend": 3.768333, "fair_value": 5.004167, "relative_strength": -18.406725, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -35.126559, "energy": 38.564998, "activity_lines": [ 3.656667, 3.727727, 3.802024, 3.767688 ] }, { "date": "2023-08-25", "close": 3.575, "volume": 894644, "typical_volume": 880619.2, "trend": 3.746667, "fair_value": 5.014744, "relative_strength": -16.990631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.182353, "energy": 38.55424, "activity_lines": [ 3.62, 3.687727, 3.779643, 3.755215 ] }, { "date": "2023-09-01", "close": 3.55, "volume": 787540, "typical_volume": 861764.8, "trend": 3.7275, "fair_value": 5.025962, "relative_strength": -17.563701, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.117097, "energy": 41.078241, "activity_lines": [ 3.585, 3.650909, 3.757262, 3.742527 ] }, { "date": "2023-09-08", "close": 3.725, "volume": 864428, "typical_volume": 883002.6, "trend": 3.7225, "fair_value": 5.038782, "relative_strength": -14.534625, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.500982, "energy": 29.645227, "activity_lines": [ 3.623333, 3.654091, 3.751905, 3.742366 ] }, { "date": "2023-09-15", "close": 4.075, "volume": 2540394, "typical_volume": 984344.2, "trend": 3.724167, "fair_value": 5.054167, "relative_strength": -7.681941, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.116766, "energy": 13.476344, "activity_lines": [ 3.775, 3.723636, 3.778929, 3.765108 ] }, { "date": "2023-09-22", "close": 4.025, "volume": 886080, "typical_volume": 1001896.6, "trend": 3.733333, "fair_value": 5.070353, "relative_strength": -6.053236, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.579758, "energy": 30.191347, "activity_lines": [ 3.885, 3.779545, 3.798333, 3.784516 ] }, { "date": "2023-09-29", "close": 3.95, "volume": 1323142, "typical_volume": 1025647.6, "trend": 3.738333, "fair_value": 5.085577, "relative_strength": -7.173855, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.84338, "energy": 38.073054, "activity_lines": [ 3.938333, 3.818182, 3.808452, 3.798495 ] }, { "date": "2023-10-06", "close": 4.75, "volume": 13111322, "typical_volume": 1431044.3, "trend": 3.775, "fair_value": 5.104647, "relative_strength": 11.605991, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.269053, "energy": 80.497313, "activity_lines": [ 4.233333, 3.998182, 3.893571, 3.863763 ] }, { "date": "2023-10-13", "close": 4.2, "volume": 7330768, "typical_volume": 1723821.1, "trend": 3.803333, "fair_value": 5.117147, "relative_strength": -1.577627, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.210327, "energy": 67.34588, "activity_lines": [ 4.265, 4.060455, 3.92381, 3.891183 ] }, { "date": "2023-10-20", "close": 4.075, "volume": 10263262, "typical_volume": 2182987.8, "trend": 3.8375, "fair_value": 5.129808, "relative_strength": -3.189469, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.567695, "energy": 56.262922, "activity_lines": [ 4.223333, 4.090455, 3.941071, 3.90871 ] }, { "date": "2023-10-27", "close": 3.85, "volume": 2649646, "typical_volume": 2244806.8, "trend": 3.865833, "fair_value": 5.142788, "relative_strength": -5.763401, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.103428, "energy": 31.57235, "activity_lines": [ 4.106667, 4.072727, 3.937024, 3.909516 ] }, { "date": "2023-11-03", "close": 3.6, "volume": 8892614, "typical_volume": 2657383.1, "trend": 3.85, "fair_value": 5.15609, "relative_strength": -12.306857, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 12.721339, "energy": 11.107103, "activity_lines": [ 3.918333, 4.004091, 3.909762, 3.892366 ] }, { "date": "2023-11-10", "close": 3.675, "volume": 2719710, "typical_volume": 2776246.7, "trend": 3.851667, "fair_value": 5.170192, "relative_strength": -11.004504, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.764072, "energy": 14.933334, "activity_lines": [ 3.778333, 3.948636, 3.891548, 3.881075 ] }, { "date": "2023-11-17", "close": 3.775, "volume": 2012944, "typical_volume": 2861913.7, "trend": 3.86, "fair_value": 5.184135, "relative_strength": -9.702597, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.567761, "energy": 15.450045, "activity_lines": [ 3.743333, 3.909091, 3.884405, 3.876129 ] }, { "date": "2023-11-24", "close": 3.775, "volume": 3241312, "typical_volume": 3000260.2, "trend": 3.87, "fair_value": 5.198397, "relative_strength": -9.7375, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.760482, "energy": 17.204169, "activity_lines": [ 3.736667, 3.868636, 3.877738, 3.870645 ] }, { "date": "2023-12-01", "close": 3.725, "volume": 2184104, "typical_volume": 3091262.6, "trend": 3.875, "fair_value": 5.210417, "relative_strength": -12.719791, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.448428, "energy": 25.124746, "activity_lines": [ 3.733333, 3.824545, 3.866548, 3.86129 ] }, { "date": "2023-12-08", "close": 4.35, "volume": 14223362, "typical_volume": 3778570.7, "trend": 3.896667, "fair_value": 5.225641, "relative_strength": -0.867015, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.861387, "energy": 9.307126, "activity_lines": [ 3.946667, 3.899545, 3.915357, 3.891935 ] }, { "date": "2023-12-15", "close": 3.825, "volume": 45166496, "typical_volume": 6012456.8, "trend": 3.883333, "fair_value": 5.237981, "relative_strength": -14.046268, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.607838, "energy": 5.99495, "activity_lines": [ 3.935, 3.871818, 3.91119, 3.887312 ] }, { "date": "2023-12-22", "close": 3.75, "volume": 16080050, "typical_volume": 6797591.6, "trend": 3.875833, "fair_value": 5.25, "relative_strength": -14.83278, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.104666, "energy": 4.033293, "activity_lines": [ 3.888333, 3.847273, 3.899643, 3.87871 ] }, { "date": "2023-12-29", "close": 3.725, "volume": 6263770, "typical_volume": 7088931.6, "trend": 3.863333, "fair_value": 5.261378, "relative_strength": -16.231244, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.605121, "energy": 3.218665, "activity_lines": [ 3.835, 3.826364, 3.885357, 3.868978 ] }, { "date": "2024-01-05", "close": 4.275, "volume": 9438838, "typical_volume": 7543721.3, "trend": 3.873333, "fair_value": 5.274359, "relative_strength": -3.309304, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.992044, "energy": 17.648104, "activity_lines": [ 3.968333, 3.911818, 3.923333, 3.895538 ] }, { "date": "2024-01-12", "close": 3.975, "volume": 22875210, "typical_volume": 8642749.6, "trend": 3.8725, "fair_value": 5.282853, "relative_strength": -10.121269, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.87492, "energy": 17.332638, "activity_lines": [ 3.965, 3.935, 3.929286, 3.902097 ] }, { "date": "2024-01-19", "close": 4.175, "volume": 18571204, "typical_volume": 9531932.8, "trend": 3.878333, "fair_value": 5.293429, "relative_strength": -3.931919, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.301809, "energy": 34.778155, "activity_lines": [ 4.053333, 3.987727, 3.952381, 3.921613 ] }, { "date": "2024-01-26", "close": 5.025, "volume": 6150176, "typical_volume": 9796220.2, "trend": 3.916667, "fair_value": 5.310417, "relative_strength": 17.14012, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 79.925767, "energy": 71.350742, "activity_lines": [ 4.401667, 4.185909, 4.053452, 3.995591 ] }, { "date": "2024-02-02", "close": 6.35, "volume": 16691117, "typical_volume": 10503756.35, "trend": 4.000833, "fair_value": 5.338141, "relative_strength": 43.813433, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.44914, "energy": 90.659272, "activity_lines": [ 5.106667, 4.602273, 4.274524, 4.152581 ] }, { "date": "2024-02-09", "close": 6.55, "volume": 4173404, "typical_volume": 10668122.55, "trend": 4.091667, "fair_value": 5.364583, "relative_strength": 47.652378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.307162, "energy": 96.560718, "activity_lines": [ 5.703333, 5.008182, 4.50381, 4.317043 ] }, { "date": "2024-02-16", "close": 5.4, "volume": 4789612, "typical_volume": 10841446.05, "trend": 4.1475, "fair_value": 5.385737, "relative_strength": 20.068033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.335758, "energy": 85.090098, "activity_lines": [ 5.765, 5.153636, 4.611548, 4.401452 ] }, { "date": "2024-02-23", "close": 4.65, "volume": 2885129, "typical_volume": 10330136.4, "trend": 4.176667, "fair_value": 5.400801, "relative_strength": 2.643225, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.753842, "energy": 72.061111, "activity_lines": [ 5.481667, 5.143636, 4.640952, 4.433871 ] }, { "date": "2024-03-01", "close": 4.7, "volume": 9580751, "typical_volume": 10442635.55, "trend": 4.210833, "fair_value": 5.415545, "relative_strength": 3.215827, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.135311, "energy": 39.538194, "activity_lines": [ 5.183333, 5.127727, 4.675595, 4.467634 ] }, { "date": "2024-03-08", "close": 4.45, "volume": 3912994, "typical_volume": 10125122.15, "trend": 4.235833, "fair_value": 5.429006, "relative_strength": -2.838943, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.369685, "energy": 22.332474, "activity_lines": [ 4.823333, 5.049091, 4.684048, 4.483065 ] }, { "date": "2024-03-15", "close": 3.85, "volume": 3240396, "typical_volume": 10154659.65, "trend": 4.245833, "fair_value": 5.439583, "relative_strength": -13.973238, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.714838, "energy": 20.779583, "activity_lines": [ 4.39, 4.848182, 4.633571, 4.458172 ] }, { "date": "2024-03-22", "close": 3.9, "volume": 3271414, "typical_volume": 9873599.65, "trend": 4.256667, "fair_value": 5.451442, "relative_strength": -13.116727, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.249014, "energy": 25.247581, "activity_lines": [ 4.153333, 4.664091, 4.587857, 4.43586 ] }, { "date": "2024-03-29", "close": 3.65, "volume": 1494543, "typical_volume": 9812341.3, "trend": 4.26, "fair_value": 5.461859, "relative_strength": -19.453198, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.556562, "energy": 32.945231, "activity_lines": [ 3.933333, 4.435909, 4.516905, 4.39672 ] }, { "date": "2024-04-05", "close": 4.4, "volume": 2249099, "typical_volume": 9824149.05, "trend": 4.2825, "fair_value": 5.47516, "relative_strength": -3.377539, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.705769, "energy": 25.518779, "activity_lines": [ 4.03, 4.353636, 4.5175, 4.405753 ] }, { "date": "2024-04-12", "close": 4.2, "volume": 145890, "typical_volume": 9669377.95, "trend": 4.286667, "fair_value": 5.488462, "relative_strength": -7.645075, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.253529, "energy": 20.372997, "activity_lines": [ 4.08, 4.246364, 4.496071, 4.40043 ] }, { "date": "2024-04-19", "close": 4.0, "volume": 265002, "typical_volume": 9573422.85, "trend": 4.285833, "fair_value": 5.500962, "relative_strength": -10.39841, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.013082, "energy": 18.000662, "activity_lines": [ 4.08, 4.141818, 4.453571, 4.381935 ] }, { "date": "2024-04-26", "close": 3.75, "volume": 533360, "typical_volume": 8888922.75, "trend": 4.279167, "fair_value": 5.511378, "relative_strength": -16.822001, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.397305, "energy": 18.383362, "activity_lines": [ 3.986667, 4.038182, 4.385952, 4.347366 ] }, { "date": "2024-05-03", "close": 3.6, "volume": 1783331, "typical_volume": 6719764.5, "trend": 4.240833, "fair_value": 5.520994, "relative_strength": -20.059653, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.389839, "energy": 32.473686, "activity_lines": [ 3.853333, 3.937273, 4.306905, 4.303548 ] }, { "date": "2024-05-10", "close": 3.4, "volume": 710608, "typical_volume": 5951292.4, "trend": 4.214167, "fair_value": 5.529487, "relative_strength": -22.705732, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.428716, "energy": 57.719701, "activity_lines": [ 3.656667, 3.819091, 4.209881, 4.249301 ] }, { "date": "2024-05-17", "close": 3.55, "volume": 4808693, "typical_volume": 5878538.55, "trend": 4.196667, "fair_value": 5.538622, "relative_strength": -20.201734, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.37758, "energy": 60.266143, "activity_lines": [ 3.576667, 3.751818, 4.12881, 4.206452 ] }, { "date": "2024-05-24", "close": 3.65, "volume": 2505276, "typical_volume": 5531860.45, "trend": 4.19, "fair_value": 5.545513, "relative_strength": -19.270569, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.453665, "energy": 70.806264, "activity_lines": [ 3.573333, 3.719091, 4.058095, 4.171183 ] }, { "date": "2024-05-31", "close": 3.55, "volume": 3363725, "typical_volume": 4556286.2, "trend": 4.188333, "fair_value": 5.551122, "relative_strength": -19.496011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.638922, "energy": 69.358075, "activity_lines": [ 3.56, 3.671818, 3.980833, 4.129892 ] }, { "date": "2024-06-07", "close": 3.55, "volume": 8139505, "typical_volume": 4034701.25, "trend": 4.184167, "fair_value": 5.552404, "relative_strength": -21.646045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.911867, "energy": 57.642899, "activity_lines": [ 3.56, 3.630909, 3.905595, 4.08871 ] }, { "date": "2024-06-14", "close": 3.07, "volume": 42855140, "typical_volume": 5869949.45, "trend": 4.160667, "fair_value": 5.545, "relative_strength": -32.19981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.139874, "energy": 70.520532, "activity_lines": [ 3.403333, 3.504545, 3.787619, 4.016828 ] }, { "date": "2024-06-21", "close": 3.01, "volume": 17316173, "typical_volume": 5901202.25, "trend": 4.135167, "fair_value": 5.531603, "relative_strength": -33.05003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.531158, "energy": 79.758995, "activity_lines": [ 3.248667, 3.391455, 3.673238, 3.942591 ] }, { "date": "2024-06-28", "close": 2.75, "volume": 27913237, "typical_volume": 7088193.9, "trend": 4.102667, "fair_value": 5.507885, "relative_strength": -39.600343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.073621, "energy": 87.848349, "activity_lines": [ 3.043333, 3.252727, 3.55, 3.853226 ] }, { "date": "2024-07-05", "close": 3.1, "volume": 17093909, "typical_volume": 7703408.75, "trend": 4.061, "fair_value": 5.488654, "relative_strength": -32.306561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.923182, "energy": 84.454934, "activity_lines": [ 3.014667, 3.200364, 3.47819, 3.788538 ] }, { "date": "2024-07-12", "close": 3.02, "volume": 5711046, "typical_volume": 7844704.6, "trend": 4.034167, "fair_value": 5.470994, "relative_strength": -34.046629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.991135, "energy": 79.593716, "activity_lines": [ 2.989333, 3.145273, 3.409714, 3.721376 ] }, { "date": "2024-07-19", "close": 2.99, "volume": 4595850, "typical_volume": 7595459.55, "trend": 4.008833, "fair_value": 5.450096, "relative_strength": -34.327105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.615806, "energy": 63.108328, "activity_lines": [ 2.989333, 3.095273, 3.346143, 3.654011 ] }, { "date": "2024-07-26", "close": 3.06, "volume": 5543962, "typical_volume": 7677007.95, "trend": 3.986667, "fair_value": 5.434615, "relative_strength": -33.134574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.54654, "energy": 50.494402, "activity_lines": [ 3.018, 3.065455, 3.297381, 3.592796 ] }, { "date": "2024-08-02", "close": 3.05, "volume": 8851709, "typical_volume": 7957573.6, "trend": 3.945833, "fair_value": 5.419231, "relative_strength": -32.580551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.746346, "energy": 45.32203, "activity_lines": [ 3.04, 3.042727, 3.254286, 3.532366 ] }, { "date": "2024-08-09", "close": 3.05, "volume": 6741866, "typical_volume": 8131096.2, "trend": 3.915, "fair_value": 5.405128, "relative_strength": -31.139323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.363906, "energy": 36.699486, "activity_lines": [ 3.042, 3.030909, 3.215, 3.47457 ] }, { "date": "2024-08-16", "close": 3.01, "volume": 4351889, "typical_volume": 8273963.5, "trend": 3.876167, "fair_value": 5.393814, "relative_strength": -32.083597, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -45.173943, "energy": 36.832873, "activity_lines": [ 3.034, 3.020909, 3.175952, 3.416183 ] }, { "date": "2024-08-23", "close": 2.91, "volume": 16763619, "typical_volume": 8999689.5, "trend": 3.805667, "fair_value": 5.383622, "relative_strength": -34.610061, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -61.456432, "energy": 43.236352, "activity_lines": [ 2.993333, 3.002545, 3.130429, 3.353849 ] }, { "date": "2024-08-30", "close": 2.82, "volume": 9001779, "typical_volume": 9442483.95, "trend": 3.688, "fair_value": 5.373654, "relative_strength": -37.191088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.578488, "energy": 46.87609, "activity_lines": [ 2.928, 2.970727, 3.083429, 3.290258 ] }, { "date": "2024-09-06", "close": 2.87, "volume": 3918614, "typical_volume": 9625164.55, "trend": 3.565333, "fair_value": 5.364808, "relative_strength": -34.578013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.421905, "energy": 47.175339, "activity_lines": [ 2.895333, 2.951455, 3.047762, 3.237484 ] }, { "date": "2024-09-13", "close": 2.86, "volume": 3353178, "typical_volume": 9766155.45, "trend": 3.480667, "fair_value": 5.354776, "relative_strength": -35.476958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.833724, "energy": 59.47576, "activity_lines": [ 2.871333, 2.928182, 3.016524, 3.191978 ] }, { "date": "2024-09-20", "close": 2.85, "volume": 5363088, "typical_volume": 9945143.3, "trend": 3.420667, "fair_value": 5.344679, "relative_strength": -36.124569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.078156, "energy": 51.876819, "activity_lines": [ 2.856667, 2.907455, 2.988571, 3.15129 ] }, { "date": "2024-09-27", "close": 2.84, "volume": 3948036, "typical_volume": 10107014.7, "trend": 3.358667, "fair_value": 5.33484, "relative_strength": -36.639494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.406543, "energy": 53.367338, "activity_lines": [ 2.849333, 2.888, 2.963238, 3.113828 ] }, { "date": "2024-10-04", "close": 2.78, "volume": 1887338, "typical_volume": 9960946.95, "trend": 3.303, "fair_value": 5.323173, "relative_strength": -34.125231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.488611, "energy": 60.197475, "activity_lines": [ 2.826667, 2.860364, 2.934857, 3.076495 ] }, { "date": "2024-10-11", "close": 2.87, "volume": 2401630, "typical_volume": 9955764.65, "trend": 3.270333, "fair_value": 5.312564, "relative_strength": -31.088114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.772909, "energy": 42.576966, "activity_lines": [ 2.836667, 2.854182, 2.918714, 3.048559 ] }, { "date": "2024-10-18", "close": 2.78, "volume": 1728461, "typical_volume": 9874001.45, "trend": 3.233, "fair_value": 5.303942, "relative_strength": -32.197636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.32974, "energy": 40.768021, "activity_lines": [ 2.816667, 2.834909, 2.897714, 3.016925 ] }, { "date": "2024-10-25", "close": 2.61, "volume": 1514687, "typical_volume": 9542760.55, "trend": 3.198333, "fair_value": 5.295994, "relative_strength": -33.845096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.035136, "energy": 48.395427, "activity_lines": [ 2.745333, 2.789636, 2.86419, 2.976731 ] }, { "date": "2024-11-01", "close": 2.91, "volume": 2111876, "typical_volume": 7505597.35, "trend": 3.148667, "fair_value": 5.288205, "relative_strength": -26.027772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.248136, "energy": 33.655063, "activity_lines": [ 2.79, 2.806182, 2.863714, 2.958129 ] }, { "date": "2024-11-08", "close": 2.84, "volume": 2121275, "typical_volume": 6745852.45, "trend": 3.103333, "fair_value": 5.280288, "relative_strength": -26.717128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.631189, "energy": 31.104221, "activity_lines": [ 2.806667, 2.81, 2.857333, 2.938215 ] }, { "date": "2024-11-15", "close": 2.72, "volume": 1685312, "typical_volume": 5434456.2, "trend": 3.060667, "fair_value": 5.271763, "relative_strength": -27.318274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.89668, "energy": 33.092625, "activity_lines": [ 2.779333, 2.791636, 2.840333, 2.913484 ] }, { "date": "2024-11-22", "close": 2.6, "volume": 2233050, "typical_volume": 4691413.25, "trend": 3.022333, "fair_value": 5.263269, "relative_strength": -30.928747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.513135, "energy": 35.475131, "activity_lines": [ 2.722, 2.754182, 2.812048, 2.883763 ] }, { "date": "2024-11-29", "close": 2.9, "volume": 4033883, "typical_volume": 4607555.1, "trend": 2.999, "fair_value": 5.255897, "relative_strength": -23.076001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.811264, "energy": 21.274359, "activity_lines": [ 2.776667, 2.776, 2.814714, 2.875871 ] }, { "date": "2024-12-06", "close": 2.86, "volume": 2593762, "typical_volume": 4507450.7, "trend": 2.981, "fair_value": 5.24234, "relative_strength": -24.972133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.9818, "energy": 19.301003, "activity_lines": [ 2.798667, 2.789636, 2.814143, 2.866903 ] }, { "date": "2024-12-13", "close": 2.84, "volume": 2346962, "typical_volume": 4347600.7, "trend": 2.957333, "fair_value": 5.219519, "relative_strength": -25.176539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.951356, "energy": 14.234531, "activity_lines": [ 2.817333, 2.799273, 2.812286, 2.857806 ] }, { "date": "2024-12-20", "close": 2.76, "volume": 1784423, "typical_volume": 3994236.4, "trend": 2.927667, "fair_value": 5.190096, "relative_strength": -23.078028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.884469, "energy": 16.646396, "activity_lines": [ 2.809333, 2.793273, 2.803857, 2.845075 ] }, { "date": "2024-12-27", "close": 2.72, "volume": 962158, "typical_volume": 3705251.0, "trend": 2.9, "fair_value": 5.147917, "relative_strength": -24.365128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.371424, "energy": 17.456699, "activity_lines": [ 2.785333, 2.782, 2.793, 2.831677 ] }, { "date": "2025-01-03", "close": 2.72, "volume": 1067408, "typical_volume": 3541026.95, "trend": 2.872333, "fair_value": 5.110865, "relative_strength": -24.160711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.700512, "energy": 24.069681, "activity_lines": [ 2.753333, 2.771818, 2.783714, 2.820065 ] }, { "date": "2025-01-10", "close": 2.65, "volume": 1219318, "typical_volume": 2763811.9, "trend": 2.858333, "fair_value": 5.066314, "relative_strength": -23.631912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.849823, "energy": 40.401718, "activity_lines": [ 2.71, 2.746909, 2.769143, 2.80572 ] }, { "date": "2025-01-17", "close": 2.65, "volume": 810551, "typical_volume": 2354250.5, "trend": 2.846333, "fair_value": 5.032981, "relative_strength": -22.082414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.684943, "energy": 48.35829, "activity_lines": [ 2.680667, 2.726727, 2.75581, 2.79228 ] }, { "date": "2025-01-24", "close": 2.58, "volume": 854795, "typical_volume": 2201059.55, "trend": 2.840667, "fair_value": 5.00016, "relative_strength": -22.519437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.813743, "energy": 56.726203, "activity_lines": [ 2.640667, 2.697273, 2.736619, 2.775097 ] }, { "date": "2025-01-31", "close": 2.57, "volume": 949521, "typical_volume": 2080876.7, "trend": 2.823, "fair_value": 4.967276, "relative_strength": -22.308265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.236092, "energy": 61.606993, "activity_lines": [ 2.609333, 2.668545, 2.717857, 2.757634 ] }, { "date": "2025-02-07", "close": 2.56, "volume": 806054, "typical_volume": 1853025.0, "trend": 2.807667, "fair_value": 4.933365, "relative_strength": -20.698585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.097228, "energy": 60.777774, "activity_lines": [ 2.584667, 2.638545, 2.699524, 2.740667 ] }, { "date": "2025-02-14", "close": 2.42, "volume": 1252072, "typical_volume": 1718226.8, "trend": 2.788667, "fair_value": 4.890385, "relative_strength": -21.435633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.414763, "energy": 63.591375, "activity_lines": [ 2.524, 2.589273, 2.669238, 2.715656 ] }, { "date": "2025-02-21", "close": 2.43, "volume": 1519228, "typical_volume": 1699821.3, "trend": 2.767667, "fair_value": 4.840897, "relative_strength": -19.465029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.367672, "energy": 58.825641, "activity_lines": [ 2.482, 2.549818, 2.641905, 2.692516 ] }, { "date": "2025-02-28", "close": 2.35, "volume": 2030670, "typical_volume": 1681273.3, "trend": 2.744333, "fair_value": 4.783365, "relative_strength": -18.520319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.921583, "energy": 59.67341, "activity_lines": [ 2.428, 2.503273, 2.608619, 2.66557 ] }, { "date": "2025-03-07", "close": 2.38, "volume": 1789596, "typical_volume": 1684330.05, "trend": 2.722, "fair_value": 4.723141, "relative_strength": -17.927932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.151523, "energy": 52.238088, "activity_lines": [ 2.399333, 2.469636, 2.580667, 2.642065 ] }, { "date": "2025-03-14", "close": 2.24, "volume": 960841, "typical_volume": 1656637.75, "trend": 2.696333, "fair_value": 4.663301, "relative_strength": -21.340107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.617281, "energy": 56.211608, "activity_lines": [ 2.336667, 2.416727, 2.541286, 2.610968 ] }, { "date": "2025-03-21", "close": 2.21, "volume": 841727, "typical_volume": 1593130.3, "trend": 2.673, "fair_value": 4.607436, "relative_strength": -24.628504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.644848, "energy": 60.298703, "activity_lines": [ 2.285333, 2.367091, 2.50081, 2.579591 ] }, { "date": "2025-03-28", "close": 1.65, "volume": 4458507, "typical_volume": 1709991.9, "trend": 2.634, "fair_value": 4.548782, "relative_strength": -43.321324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.660496, "energy": 81.150905, "activity_lines": [ 2.061333, 2.223636, 2.410333, 2.513591 ] }, { "date": "2025-04-04", "close": 2.55, "volume": 14565230, "typical_volume": 2353987.8, "trend": 2.623333, "fair_value": 4.485801, "relative_strength": -8.863209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.608821, "energy": 40.415873, "activity_lines": [ 2.189333, 2.262, 2.411238, 2.508172 ] }, { "date": "2025-04-11", "close": 2.18, "volume": 4750133, "typical_volume": 2479841.95, "trend": 2.600667, "fair_value": 4.408269, "relative_strength": -20.691662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.755165, "energy": 37.897408, "activity_lines": [ 2.180667, 2.233636, 2.377714, 2.47957 ] }, { "date": "2025-04-18", "close": 2.31, "volume": 2203221, "typical_volume": 2388308.85, "trend": 2.582667, "fair_value": 4.333333, "relative_strength": -18.476389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.41798, "energy": 31.620297, "activity_lines": [ 2.228667, 2.236, 2.358571, 2.460817 ] }, { "date": "2025-04-25", "close": 2.28, "volume": 2026051, "typical_volume": 2359923.3, "trend": 2.564, "fair_value": 4.258846, "relative_strength": -19.216403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.075267, "energy": 18.241449, "activity_lines": [ 2.262, 2.237455, 2.339381, 2.44129 ] }, { "date": "2025-05-02", "close": 2.19, "volume": 693009, "typical_volume": 2277225.65, "trend": 2.544333, "fair_value": 4.175128, "relative_strength": -22.493287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.453029, "energy": 20.57471, "activity_lines": [ 2.260667, 2.225091, 2.314381, 2.417161 ] }, { "date": "2025-05-09", "close": 2.12, "volume": 731445, "typical_volume": 2224576.75, "trend": 2.519333, "fair_value": 4.079423, "relative_strength": -23.072715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.93772, "energy": 25.58968, "activity_lines": [ 2.2, 2.204364, 2.28581, 2.389785 ] }, { "date": "2025-05-16", "close": 2.28, "volume": 961026, "typical_volume": 2224520.15, "trend": 2.502667, "fair_value": 3.961827, "relative_strength": -19.712923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.748273, "energy": 20.804651, "activity_lines": [ 2.221333, 2.216909, 2.275524, 2.374344 ] }, { "date": "2025-05-23", "close": 2.24, "volume": 774734, "typical_volume": 2209886.45, "trend": 2.490333, "fair_value": 3.873622, "relative_strength": -19.655136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.118348, "energy": 23.622291, "activity_lines": [ 2.222667, 2.224, 2.263524, 2.357398 ] }, { "date": "2025-05-30", "close": 2.18, "volume": 740511, "typical_volume": 2185946.1, "trend": 2.466, "fair_value": 3.806667, "relative_strength": -20.537021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.505259, "energy": 25.046983, "activity_lines": [ 2.208667, 2.220182, 2.248095, 2.337376 ] }, { "date": "2025-06-06", "close": 2.13, "volume": 769104, "typical_volume": 2183873.75, "trend": 2.442333, "fair_value": 3.736026, "relative_strength": -22.236051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.480853, "energy": 25.125778, "activity_lines": [ 2.184667, 2.207818, 2.230143, 2.315699 ] }, { "date": "2025-06-13", "close": 2.18, "volume": 1082559, "typical_volume": 2195261.95, "trend": 2.424333, "fair_value": 3.684455, "relative_strength": -18.887621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.818679, "energy": 24.918055, "activity_lines": [ 2.181333, 2.195818, 2.219429, 2.298774 ] }, { "date": "2025-06-20", "close": 2.12, "volume": 1014934, "typical_volume": 2198532.6, "trend": 2.408333, "fair_value": 3.646923, "relative_strength": -21.752816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.171324, "energy": 28.667176, "activity_lines": [ 2.154, 2.179636, 2.204905, 2.27914 ] }, { "date": "2025-06-27", "close": 2.13, "volume": 836773, "typical_volume": 2200068.55, "trend": 2.382667, "fair_value": 3.615705, "relative_strength": -22.560682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.954625, "energy": 32.303731, "activity_lines": [ 2.140667, 2.166364, 2.193476, 2.261183 ] }, { "date": "2025-07-04", "close": 2.09, "volume": 1545726, "typical_volume": 2214751.25, "trend": 2.357, "fair_value": 3.590801, "relative_strength": -22.860086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.253091, "energy": 44.791455, "activity_lines": [ 2.121333, 2.149091, 2.180286, 2.242301 ] }, { "date": "2025-07-11", "close": 2.12, "volume": 871691, "typical_volume": 2182374.4, "trend": 2.333, "fair_value": 3.572179, "relative_strength": -20.223059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.320845, "energy": 48.561141, "activity_lines": [ 2.118, 2.140727, 2.171524, 2.227011 ] }, { "date": "2025-07-18", "close": 2.1, "volume": 809402, "typical_volume": 2121311.0, "trend": 2.311, "fair_value": 3.555833, "relative_strength": -19.850269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.485549, "energy": 47.593595, "activity_lines": [ 2.108667, 2.13, 2.162333, 2.211978 ] }, { "date": "2025-07-25", "close": 2.05, "volume": 671489, "typical_volume": 2065405.65, "trend": 2.288667, "fair_value": 3.542853, "relative_strength": -20.753936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.910308, "energy": 51.857673, "activity_lines": [ 2.088, 2.110545, 2.149571, 2.19514 ] }, { "date": "2025-08-01", "close": 2.0, "volume": 639095, "typical_volume": 2049318.35, "trend": 2.264667, "fair_value": 3.522821, "relative_strength": -21.221227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.990963, "energy": 55.089379, "activity_lines": [ 2.055333, 2.086182, 2.133619, 2.176516 ] }, { "date": "2025-08-08", "close": 1.96, "volume": 875037, "typical_volume": 2050983.85, "trend": 2.241667, "fair_value": 3.499327, "relative_strength": -21.503366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.707436, "energy": 62.080637, "activity_lines": [ 2.018, 2.058909, 2.115, 2.15686 ] }, { "date": "2025-08-15", "close": 1.95, "volume": 600375, "typical_volume": 1858077.25, "trend": 2.218333, "fair_value": 3.478333, "relative_strength": -22.11812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.345512, "energy": 66.039656, "activity_lines": [ 1.986, 2.033818, 2.096619, 2.138043 ] }, { "date": "2025-08-22", "close": 1.95, "volume": 583584, "typical_volume": 1158994.95, "trend": 2.197333, "fair_value": 3.459583, "relative_strength": -22.295227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.116885, "energy": 60.570372, "activity_lines": [ 1.965333, 2.012, 2.07681, 2.120731 ] }, { "date": "2025-08-29", "close": 2.11, "volume": 1718563, "typical_volume": 1007416.45, "trend": 2.182, "fair_value": 3.441058, "relative_strength": -13.977875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.631117, "energy": 35.797774, "activity_lines": [ 2.008, 2.023455, 2.075095, 2.115097 ] }, { "date": "2025-09-05", "close": 1.96, "volume": 4293160, "typical_volume": 1111913.4, "trend": 2.162, "fair_value": 3.422212, "relative_strength": -20.556108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.583113, "energy": 33.384516, "activity_lines": [ 1.996667, 2.007818, 2.059429, 2.100774 ] }, { "date": "2025-09-12", "close": 1.96, "volume": 1687566, "typical_volume": 1094989.15, "trend": 2.146667, "fair_value": 3.404487, "relative_strength": -21.208043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.107786, "energy": 30.286636, "activity_lines": [ 1.988, 1.995273, 2.045429, 2.087742 ] }, { "date": "2025-09-19", "close": 1.93, "volume": 1193680, "typical_volume": 1120022.7, "trend": 2.13, "fair_value": 3.389295, "relative_strength": -22.550922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.431358, "energy": 30.293937, "activity_lines": [ 1.969333, 1.979636, 2.030095, 2.073763 ] }, { "date": "2025-09-26", "close": 1.96, "volume": 1381557, "typical_volume": 1152528.3, "trend": 2.117, "fair_value": 3.373654, "relative_strength": -18.741767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.311738, "energy": 31.411467, "activity_lines": [ 1.962, 1.972909, 2.018857, 2.062796 ] }, { "date": "2025-10-03", "close": 1.93, "volume": 843283, "typical_volume": 1146641.15, "trend": 2.102, "fair_value": 3.358462, "relative_strength": -20.228503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.835708, "energy": 32.03246, "activity_lines": [ 1.944, 1.963273, 2.005524, 2.050731 ] }, { "date": "2025-10-10", "close": 1.98, "volume": 1444157, "typical_volume": 1180112.3, "trend": 2.093333, "fair_value": 3.344872, "relative_strength": -18.838995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.098204, "energy": 28.076259, "activity_lines": [ 1.954667, 1.964909, 1.998619, 2.04286 ] }, { "date": "2025-10-17", "close": 1.91, "volume": 1132797, "typical_volume": 1199726.6, "trend": 2.083333, "fair_value": 3.329712, "relative_strength": -22.420181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.407474, "energy": 28.486602, "activity_lines": [ 1.940667, 1.954182, 1.986286, 2.031032 ] }, { "date": "2025-10-24", "close": 1.91, "volume": 891229, "typical_volume": 1205832.85, "trend": 2.092, "fair_value": 3.31359, "relative_strength": -22.146837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.069428, "energy": 28.161196, "activity_lines": [ 1.93, 1.944364, 1.975238, 2.019849 ] }, { "date": "2025-10-31", "close": 1.91, "volume": 658380, "typical_volume": 1184623.9, "trend": 2.070667, "fair_value": 3.297949, "relative_strength": -21.201158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.928701, "energy": 27.566598, "activity_lines": [ 1.920667, 1.935273, 1.965238, 2.008108 ] }, { "date": "2025-11-07", "close": 1.83, "volume": 862327, "typical_volume": 1176993.55, "trend": 2.059, "fair_value": 3.281955, "relative_strength": -23.101995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.70229, "energy": 39.223877, "activity_lines": [ 1.888, 1.912364, 1.948905, 1.992581 ] }, { "date": "2025-11-14", "close": 1.78, "volume": 1200185, "typical_volume": 1195164.15, "trend": 2.041333, "fair_value": 3.266603, "relative_strength": -25.691297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.441815, "energy": 50.348179, "activity_lines": [ 1.845333, 1.885455, 1.92919, 1.974581 ] }, { "date": "2025-11-21", "close": 1.86, "volume": 1106092, "typical_volume": 1173182.45, "trend": 2.027333, "fair_value": 3.252244, "relative_strength": -22.217355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.849924, "energy": 47.28761, "activity_lines": [ 1.842667, 1.876364, 1.918762, 1.962882 ] }, { "date": "2025-11-28", "close": 1.73, "volume": 1444478, "typical_volume": 1201821.8, "trend": 2.012, "fair_value": 3.236891, "relative_strength": -27.199461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.300224, "energy": 59.680426, "activity_lines": [ 1.8, 1.845455, 1.897048, 1.943699 ] }, { "date": "2025-12-05", "close": 1.73, "volume": 725227, "typical_volume": 1197613.05, "trend": 1.999, "fair_value": 3.215288, "relative_strength": -26.375663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.194415, "energy": 64.925045, "activity_lines": [ 1.769333, 1.818182, 1.87719, 1.925505 ] }, { "date": "2025-12-12", "close": 1.69, "volume": 1140555, "typical_volume": 1221066.35, "trend": 1.979333, "fair_value": 3.19391, "relative_strength": -26.91304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.840962, "energy": 61.707254, "activity_lines": [ 1.737333, 1.787818, 1.855286, 1.90557 ] }, { "date": "2025-12-19", "close": 1.69, "volume": 956142, "typical_volume": 1236918.7, "trend": 1.961, "fair_value": 3.177821, "relative_strength": -25.85226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.529474, "energy": 64.030878, "activity_lines": [ 1.714667, 1.761818, 1.835095, 1.886903 ] }, { "date": "2025-12-26", "close": 1.64, "volume": 856117, "typical_volume": 1235972.7, "trend": 1.943, "fair_value": 3.158686, "relative_strength": -27.441026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.688504, "energy": 64.788111, "activity_lines": [ 1.681333, 1.732, 1.811619, 1.866194 ] }, { "date": "2026-01-02", "close": 1.74, "volume": 829083, "typical_volume": 1247408.1, "trend": 1.93, "fair_value": 3.141474, "relative_strength": -23.048497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.029447, "energy": 44.269803, "activity_lines": [ 1.696, 1.725273, 1.79919, 1.853097 ] }, { "date": "2026-01-09", "close": 1.67, "volume": 1094272, "typical_volume": 1272942.5, "trend": 1.913, "fair_value": 3.12141, "relative_strength": -23.464888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.774885, "energy": 42.967214, "activity_lines": [ 1.686667, 1.708909, 1.781095, 1.836323 ] }, { "date": "2026-01-16", "close": 1.62, "volume": 587592, "typical_volume": 1216393.95, "trend": 1.896333, "fair_value": 3.103429, "relative_strength": -24.918825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.568621, "energy": 43.67468, "activity_lines": [ 1.664667, 1.687818, 1.759571, 1.817419 ] }, { "date": "2026-01-23", "close": 1.52, "volume": 918880, "typical_volume": 1047679.95, "trend": 1.876, "fair_value": 3.08609, "relative_strength": -26.882805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.370889, "energy": 48.764107, "activity_lines": [ 1.614, 1.652364, 1.730857, 1.79314 ] }, { "date": "2026-01-30", "close": 1.55, "volume": 1028423, "typical_volume": 1014722.8, "trend": 1.858, "fair_value": 3.069583, "relative_strength": -25.409154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.299311, "energy": 53.966681, "activity_lines": [ 1.584667, 1.627091, 1.707095, 1.772108 ] }, { "date": "2026-02-06", "close": 1.72, "volume": 1142633, "typical_volume": 1012170.45, "trend": 1.844667, "fair_value": 3.055769, "relative_strength": -17.624744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.596151, "energy": 39.754272, "activity_lines": [ 1.618, 1.638364, 1.701476, 1.763204 ] }, { "date": "2026-02-13", "close": 1.62, "volume": 824536, "typical_volume": 984319.4, "trend": 1.828667, "fair_value": 3.040353, "relative_strength": -20.951407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.52665, "energy": 35.69418, "activity_lines": [ 1.619333, 1.631636, 1.687333, 1.74871 ] }, { "date": "2026-02-20", "close": 1.57, "volume": 767895, "typical_volume": 980550.0, "trend": 1.812667, "fair_value": 3.026378, "relative_strength": -22.857798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.892276, "energy": 33.512048, "activity_lines": [ 1.607333, 1.617818, 1.670048, 1.732022 ] }, { "date": "2026-02-27", "close": 1.51, "volume": 843701, "typical_volume": 950527.2, "trend": 1.796333, "fair_value": 3.011699, "relative_strength": -23.797558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.685546, "energy": 36.79894, "activity_lines": [ 1.578667, 1.595273, 1.648762, 1.712495 ] }, { "date": "2026-03-06", "close": 1.36, "volume": 884625, "typical_volume": 938118.6, "trend": 1.776333, "fair_value": 2.997019, "relative_strength": -28.450691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.072448, "energy": 58.625, "activity_lines": [ 1.500667, 1.548727, 1.615429, 1.684344 ] }, { "date": "2026-03-13", "close": 1.36, "volume": 880279, "typical_volume": 937571.1, "trend": 1.756667, "fair_value": 2.984263, "relative_strength": -23.65564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.640264, "energy": 75.57584, "activity_lines": [ 1.435333, 1.507273, 1.584714, 1.657484 ] }, { "date": "2026-03-20", "close": 1.35, "volume": 652668, "typical_volume": 937285.5, "trend": 1.736667, "fair_value": 2.973365, "relative_strength": -23.403244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.432248, "energy": 78.895801, "activity_lines": [ 1.390667, 1.470909, 1.555667, 1.631247 ] }, { "date": "2026-03-27", "close": 1.16, "volume": 1280238, "typical_volume": 958181.05, "trend": 1.705, "fair_value": 2.961571, "relative_strength": -33.006513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.327184, "energy": 88.537954, "activity_lines": [ 1.300667, 1.405818, 1.51119, 1.594043 ] }, { "date": "2026-04-03", "close": 1.26, "volume": 1042156, "typical_volume": 950279.6, "trend": 1.681667, "fair_value": 2.943526, "relative_strength": -25.84015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.13419, "energy": 76.667743, "activity_lines": [ 1.271333, 1.367273, 1.479429, 1.565333 ] }, { "date": "2026-04-10", "close": 1.74, "volume": 3215920, "typical_volume": 1055771.0, "trend": 1.674333, "fair_value": 2.931442, "relative_strength": -2.705093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.072718, "energy": 28.759322, "activity_lines": [ 1.418667, 1.420727, 1.495857, 1.569097 ] }, { "date": "2026-04-17", "close": 1.74, "volume": 972287, "typical_volume": 1032161.45, "trend": 1.668, "fair_value": 2.92, "relative_strength": -3.280035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.795559, "energy": 11.375434, "activity_lines": [ 1.540667, 1.470727, 1.512857, 1.573333 ] }, { "date": "2026-04-24", "close": 1.68, "volume": 777843, "typical_volume": 1034792.25, "trend": 1.658667, "fair_value": 2.908494, "relative_strength": -4.222862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.093733, "energy": 22.314852, "activity_lines": [ 1.617333, 1.509455, 1.524095, 1.574108 ] }, { "date": "2026-05-01", "close": 1.62, "volume": 1034762, "typical_volume": 1029502.6, "trend": 1.648333, "fair_value": 2.895962, "relative_strength": -7.482763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 13.231182, "energy": 26.987733, "activity_lines": [ 1.652, 1.536182, 1.529857, 1.571613 ] }, { "date": "2026-05-08", "close": 1.64, "volume": 765823, "typical_volume": 1019986.65, "trend": 1.637, "fair_value": 2.882756, "relative_strength": -6.528238, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.331712, "energy": 24.259808, "activity_lines": [ 1.662667, 1.565636, 1.537857, 1.571075 ] }, { "date": "2026-05-15", "close": 1.55, "volume": 739297, "typical_volume": 1014145.65, "trend": 1.625, "fair_value": 2.865609, "relative_strength": -9.051324, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -6.452712, "energy": 13.154452, "activity_lines": [ 1.618, 1.576364, 1.537524, 1.565462 ] }, { "date": "2026-05-22", "close": 1.57, "volume": 1734488, "typical_volume": 1059415.9, "trend": 1.613667, "fair_value": 2.850192, "relative_strength": -7.581951, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.047135, "energy": 8.119942, "activity_lines": [ 1.592667, 1.587273, 1.539524, 1.561914 ] }, { "date": "2026-05-29", "close": 1.56, "volume": 443276, "typical_volume": 1026866.1, "trend": 1.602, "fair_value": 2.83391, "relative_strength": -6.956227, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.151394, "energy": 11.047579, "activity_lines": [ 1.575333, 1.592545, 1.541381, 1.558452 ] }, { "date": "2026-06-05", "close": 1.56, "volume": 152580, "typical_volume": 1005115.5, "trend": 1.593, "fair_value": 2.818429, "relative_strength": -5.766282, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.684185, "energy": 7.914619, "activity_lines": [ 1.566, 1.594, 1.543762, 1.555742 ] }, { "date": "2026-06-12", "close": 1.56, "volume": 101513, "typical_volume": 964247.15, "trend": 1.585667, "fair_value": 2.802788, "relative_strength": -6.224341, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.649114, "energy": 6.464418, "activity_lines": [ 1.560667, 1.588182, 1.546429, 1.553613 ] }, { "date": "2026-06-19", "close": 1.59, "volume": 81781, "typical_volume": 916915.05, "trend": 1.576667, "fair_value": 2.78734, "relative_strength": -5.504243, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.892439, "energy": 4.034029, "activity_lines": [ 1.570667, 1.582364, 1.551762, 1.553892 ] }, { "date": "2026-06-26", "close": 1.52, "volume": 0, "typical_volume": 859783.4, "trend": 1.569667, "fair_value": 2.772244, "relative_strength": -9.330477, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.972188, "energy": 10.448539, "activity_lines": [ 1.554667, 1.566545, 1.550238, 1.550237 ] }, { "date": "2026-07-03", "close": 1.52, "volume": 136388, "typical_volume": 825376.0, "trend": 1.562667, "fair_value": 2.757468, "relative_strength": -9.647906, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.270853, "energy": 12.407947, "activity_lines": [ 1.542, 1.554727, 1.549667, 1.547032 ] }, { "date": "2026-07-10", "close": 1.55, "volume": 493587, "typical_volume": 811660.6, "trend": 1.558, "fair_value": 2.742885, "relative_strength": -7.098953, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.532349, "energy": 15.18711, "activity_lines": [ 1.542, 1.551273, 1.552429, 1.546215 ] }, { "date": "2026-07-17", "close": 1.5, "volume": 670675, "typical_volume": 803009.3, "trend": 1.551667, "fair_value": 2.728622, "relative_strength": -10.002342, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.257689, "energy": 22.597963, "activity_lines": [ 1.526, 1.54, 1.550524, 1.542473 ] }, { "date": "2026-07-24", "close": 1.49, "volume": 315290, "typical_volume": 774542.55, "trend": 1.546667, "fair_value": 2.713974, "relative_strength": -7.957282, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.257951, "energy": 25.25158, "activity_lines": [ 1.510667, 1.529455, 1.547714, 1.538495 ] }, { "date": "2026-07-31", "close": 1.49, "volume": 465850, "typical_volume": 753821.1, "trend": 1.538333, "fair_value": 2.699968, "relative_strength": -9.765698, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.680242, "energy": 27.245108, "activity_lines": [ 1.502, 1.52, 1.544286, 1.534839 ] }, { "date": "2026-08-07", "close": 1.51, "volume": 362249, "typical_volume": 739300.15, "trend": 1.533, "fair_value": 2.685929, "relative_strength": -8.758528, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.310672, "energy": 22.54223, "activity_lines": [ 1.502, 1.515636, 1.542143, 1.533011 ] } ], "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." } } }