{ "ticker": { "uuid": "3d9b05f7-8087-42d8-af1c-24919ab67fc0", "symbol": "ALIMR", "name": "Immersion SA", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 70.239, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -61.996, "architecture_energy": 46.133, "architecture_maturity": 24.066, "architecture_confidence": 87.41, "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": 27.03, "rotation_up": 17.07, "upward_expansion": 10.5, "deceleration": 38.3, "rotation_down": 55.68, "downward_expansion": 79.17 }, "activity_lines": [ 2.328, 2.383273, 2.401048, 2.434624 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 2.2, "trend_reference": 2.516667, "distance_from_trend": -0.125828, "trend_direction": "Improving", "fair_value": 1.974103, "distance_from_fair_value": 0.11443, "fair_value_direction": "Weakening", "relative_strength": -9.587321, "relative_strength_direction": "Weakening", "price_momentum": -0.098361, "excess_performance": -0.151672, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.125828, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.045996, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.11443, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.026646, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.095873, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.196343, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.098361, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.965157, "read": "Demand-led" } ], "volume": { "latest": 85, "relative_activity": 0.046655, "balance": 1.965157, "dry_up": 0.789698, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.097203, "annualized_volatility": 0.577133, "from_high_reference": -0.367816, "from_low_reference": 0.788618 }, "levels": { "trend_reference": 2.516667, "fair_value_reference": 1.974103, "structural_low": 1.94, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.009782, "positive_rate": 0.272727, "directional_follow_through": 0.272727, "median_excess_return": -0.02965, "regime_survival": 0.681818, "best_return": 0.09434, "worst_return": -0.189655, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.124223, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.156305, "regime_survival": 0.375, "best_return": 0.0, "worst_return": -0.484615, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.133663, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.118408, "regime_survival": 0.2, "best_return": 2.313953, "worst_return": -0.484615, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.137478, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.071009, "regime_survival": 0.25, "best_return": 1.906977, "worst_return": -0.52, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-26", "end": "2024-06-14", "tenure": "Established", "return": -0.089109, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-11-08", "tenure": "Established", "return": -0.065217, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": -0.139175, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-03-28", "tenure": "Developing", "return": -0.02994, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-06-13", "tenure": "Developing", "return": -0.26776, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-20", "end": "2025-08-29", "tenure": "Developing", "return": 0.292208, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-10", "tenure": "Developing", "return": -0.190955, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": -0.227778, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.177143, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-02-20", "tenure": "Developing", "return": -0.133333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.330275, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-29", "tenure": "New", "return": 0.008696, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": 0.095652, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": -0.126984, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.72, "volume": 22, "typical_volume": 818.65, "trend": 3.238667, "fair_value": 3.434872, "relative_strength": -31.663895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.234049, "energy": 34.698491, "activity_lines": [ 2.668, 2.688, 2.842095, 3.001806 ] }, { "date": "2023-08-25", "close": 2.4, "volume": 843, "typical_volume": 847.0, "trend": 3.173333, "fair_value": 3.435, "relative_strength": -39.204179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.965948, "energy": 39.224519, "activity_lines": [ 2.592, 2.624364, 2.786476, 2.947699 ] }, { "date": "2023-09-01", "close": 2.46, "volume": 178, "typical_volume": 797.5, "trend": 3.127, "fair_value": 3.43641, "relative_strength": -37.137695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.333318, "energy": 35.100539, "activity_lines": [ 2.544, 2.584364, 2.74181, 2.901677 ] }, { "date": "2023-09-08", "close": 2.34, "volume": 762, "typical_volume": 830.6, "trend": 3.088333, "fair_value": 3.438205, "relative_strength": -38.39314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.913543, "energy": 43.889548, "activity_lines": [ 2.466667, 2.531636, 2.690571, 2.850903 ] }, { "date": "2023-09-15", "close": 2.3, "volume": 1785, "typical_volume": 828.1, "trend": 3.031333, "fair_value": 3.439872, "relative_strength": -39.444672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.657985, "energy": 59.637695, "activity_lines": [ 2.384, 2.483636, 2.640095, 2.800043 ] }, { "date": "2023-09-22", "close": 2.44, "volume": 1275, "typical_volume": 833.8, "trend": 2.992333, "fair_value": 3.442436, "relative_strength": -32.57102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.87125, "energy": 56.396842, "activity_lines": [ 2.382667, 2.462909, 2.607238, 2.761892 ] }, { "date": "2023-09-29", "close": 1.82, "volume": 100, "typical_volume": 833.85, "trend": 2.936333, "fair_value": 3.442628, "relative_strength": -48.246118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.089037, "energy": 79.128688, "activity_lines": [ 2.193333, 2.337818, 2.517619, 2.686258 ] }, { "date": "2023-10-06", "close": 2.06, "volume": 112, "typical_volume": 838.75, "trend": 2.885, "fair_value": 3.441346, "relative_strength": -39.599576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.703803, "energy": 76.964535, "activity_lines": [ 2.122667, 2.269091, 2.457333, 2.62972 ] }, { "date": "2023-10-13", "close": 1.82, "volume": 20, "typical_volume": 831.7, "trend": 2.818667, "fair_value": 3.439679, "relative_strength": -44.964671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.446998, "energy": 86.550842, "activity_lines": [ 1.998667, 2.166909, 2.379143, 2.561011 ] }, { "date": "2023-10-20", "close": 1.8, "volume": 298, "typical_volume": 835.4, "trend": 2.761, "fair_value": 3.438141, "relative_strength": -42.789597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.607691, "energy": 89.826813, "activity_lines": [ 1.902667, 2.072727, 2.305524, 2.49529 ] }, { "date": "2023-10-27", "close": 1.99, "volume": 258, "typical_volume": 740.8, "trend": 2.703667, "fair_value": 3.437949, "relative_strength": -35.414488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.249584, "energy": 81.79877, "activity_lines": [ 1.903333, 2.031636, 2.256571, 2.445548 ] }, { "date": "2023-11-03", "close": 1.8, "volume": 253, "typical_volume": 744.65, "trend": 2.647, "fair_value": 3.436538, "relative_strength": -42.468721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.795211, "energy": 77.1128, "activity_lines": [ 1.870667, 1.969273, 2.195, 2.387247 ] }, { "date": "2023-11-10", "close": 2.02, "volume": 83, "typical_volume": 730.75, "trend": 2.598333, "fair_value": 3.436538, "relative_strength": -34.173999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.876532, "energy": 55.174011, "activity_lines": [ 1.912667, 1.957818, 2.160571, 2.346796 ] }, { "date": "2023-11-17", "close": 1.8, "volume": 1509, "typical_volume": 780.65, "trend": 2.548333, "fair_value": 3.434615, "relative_strength": -41.678488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.140361, "energy": 55.356627, "activity_lines": [ 1.884, 1.914364, 2.109667, 2.29529 ] }, { "date": "2023-11-24", "close": 1.8, "volume": 257, "typical_volume": 662.15, "trend": 2.501667, "fair_value": 3.432692, "relative_strength": -41.749197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.466852, "energy": 53.939852, "activity_lines": [ 1.856667, 1.880727, 2.064476, 2.247011 ] }, { "date": "2023-12-01", "close": 1.97, "volume": 1043, "typical_volume": 677.55, "trend": 2.47, "fair_value": 3.431859, "relative_strength": -35.542691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.434361, "energy": 43.354683, "activity_lines": [ 1.886, 1.887091, 2.038333, 2.21271 ] }, { "date": "2023-12-08", "close": 1.8, "volume": 1015, "typical_volume": 662.5, "trend": 2.424, "fair_value": 3.430577, "relative_strength": -41.544268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.96019, "energy": 47.013408, "activity_lines": [ 1.86, 1.871091, 2.000429, 2.169484 ] }, { "date": "2023-12-15", "close": 2.0, "volume": 609, "typical_volume": 587.35, "trend": 2.387333, "fair_value": 3.43109, "relative_strength": -34.553608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.558133, "energy": 32.365144, "activity_lines": [ 1.900667, 1.891818, 1.985, 2.142129 ] }, { "date": "2023-12-22", "close": 1.95, "volume": 225, "typical_volume": 533.1, "trend": 2.346333, "fair_value": 3.430769, "relative_strength": -35.082667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.781895, "energy": 25.499053, "activity_lines": [ 1.926, 1.904545, 1.967762, 2.113914 ] }, { "date": "2023-12-29", "close": 1.94, "volume": 406, "typical_volume": 552.65, "trend": 2.305, "fair_value": 3.429744, "relative_strength": -34.758974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.950028, "energy": 25.245488, "activity_lines": [ 1.938, 1.913091, 1.952, 2.087699 ] }, { "date": "2024-01-05", "close": 1.79, "volume": 350, "typical_volume": 569.05, "trend": 2.26, "fair_value": 3.429103, "relative_strength": -37.844084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.682733, "energy": 32.656077, "activity_lines": [ 1.890667, 1.891818, 1.926143, 2.054473 ] }, { "date": "2024-01-12", "close": 2.0, "volume": 1205, "typical_volume": 587.15, "trend": 2.223333, "fair_value": 3.429744, "relative_strength": -29.666287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.557428, "energy": 21.92446, "activity_lines": [ 1.925333, 1.912364, 1.924714, 2.037699 ] }, { "date": "2024-01-19", "close": 2.02, "volume": 535, "typical_volume": 605.0, "trend": 2.192, "fair_value": 3.430513, "relative_strength": -26.695581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.127208, "energy": 14.399944, "activity_lines": [ 1.953333, 1.932909, 1.927095, 2.024581 ] }, { "date": "2024-01-26", "close": 2.02, "volume": 53, "typical_volume": 569.55, "trend": 2.159333, "fair_value": 3.431282, "relative_strength": -27.919318, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.960513, "energy": 10.147529, "activity_lines": [ 1.98, 1.953455, 1.931571, 2.013484 ] }, { "date": "2024-02-02", "close": 1.97, "volume": 762, "typical_volume": 518.4, "trend": 2.145, "fair_value": 3.433013, "relative_strength": -28.291149, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.299843, "energy": 12.880828, "activity_lines": [ 1.985333, 1.960909, 1.93281, 2.001269 ] }, { "date": "2024-02-09", "close": 1.83, "volume": 600, "typical_volume": 484.65, "trend": 2.109333, "fair_value": 3.435128, "relative_strength": -32.972244, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.787779, "energy": 14.431134, "activity_lines": [ 1.942, 1.939818, 1.922286, 1.980946 ] }, { "date": "2024-02-16", "close": 1.95, "volume": 1011, "typical_volume": 530.2, "trend": 2.090333, "fair_value": 3.437372, "relative_strength": -28.552075, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.054574, "energy": 14.770671, "activity_lines": [ 1.936, 1.943091, 1.926095, 1.970667 ] }, { "date": "2024-02-23", "close": 1.95, "volume": 1157, "typical_volume": 582.45, "trend": 2.068, "fair_value": 3.440577, "relative_strength": -29.336296, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.062899, "energy": 17.03529, "activity_lines": [ 1.933333, 1.943636, 1.929286, 1.961613 ] }, { "date": "2024-03-01", "close": 1.95, "volume": 179, "typical_volume": 590.4, "trend": 2.051, "fair_value": 3.441795, "relative_strength": -28.126834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.663246, "energy": 16.280967, "activity_lines": [ 1.935333, 1.945091, 1.933, 1.954 ] }, { "date": "2024-03-08", "close": 1.92, "volume": 541, "typical_volume": 602.55, "trend": 2.021, "fair_value": 3.442692, "relative_strength": -29.024352, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.261889, "energy": 13.369784, "activity_lines": [ 1.932, 1.941091, 1.933238, 1.945548 ] }, { "date": "2024-03-15", "close": 2.0, "volume": 392, "typical_volume": 609.25, "trend": 1.997, "fair_value": 3.444103, "relative_strength": -26.013052, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.913516, "energy": 5.933421, "activity_lines": [ 1.958667, 1.952, 1.940524, 1.944194 ] }, { "date": "2024-03-22", "close": 2.06, "volume": 50, "typical_volume": 599.1, "trend": 1.985667, "fair_value": 3.44641, "relative_strength": -22.550386, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.075865, "energy": 19.264897, "activity_lines": [ 1.994, 1.97, 1.953476, 1.948258 ] }, { "date": "2024-03-29", "close": 2.0, "volume": 378, "typical_volume": 613.85, "trend": 1.970333, "fair_value": 3.448333, "relative_strength": -24.124142, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.749335, "energy": 22.565692, "activity_lines": [ 2.002, 1.976, 1.959476, 1.949183 ] }, { "date": "2024-04-05", "close": 2.04, "volume": 94, "typical_volume": 543.1, "trend": 1.960333, "fair_value": 3.451795, "relative_strength": -20.14477, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.802134, "energy": 33.586533, "activity_lines": [ 2.02, 1.989636, 1.969381, 1.953677 ] }, { "date": "2024-04-12", "close": 1.83, "volume": 1479, "typical_volume": 604.2, "trend": 1.944667, "fair_value": 3.450833, "relative_strength": -26.873808, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 13.963809, "energy": 8.939499, "activity_lines": [ 1.962, 1.964727, 1.958143, 1.945269 ] }, { "date": "2024-04-19", "close": 1.84, "volume": 55, "typical_volume": 554.8, "trend": 1.924667, "fair_value": 3.450192, "relative_strength": -25.636536, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.282945, "energy": 15.581194, "activity_lines": [ 1.913333, 1.944182, 1.947714, 1.938516 ] }, { "date": "2024-04-26", "close": 1.8, "volume": 2672, "typical_volume": 637.65, "trend": 1.924, "fair_value": 3.451282, "relative_strength": -26.91282, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.3442, "energy": 35.634372, "activity_lines": [ 1.862, 1.916182, 1.934095, 1.930473 ] }, { "date": "2024-05-03", "close": 2.04, "volume": 515, "typical_volume": 632.95, "trend": 1.923333, "fair_value": 3.452949, "relative_strength": -15.075632, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.115075, "energy": 14.579192, "activity_lines": [ 1.908, 1.934545, 1.943333, 1.937957 ] }, { "date": "2024-05-10", "close": 1.99, "volume": 1195, "typical_volume": 681.45, "trend": 1.929, "fair_value": 3.455385, "relative_strength": -18.827826, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 22.505965, "energy": 11.90485, "activity_lines": [ 1.934667, 1.942182, 1.947619, 1.942258 ] }, { "date": "2024-05-17", "close": 1.97, "volume": 2647, "typical_volume": 793.5, "trend": 1.934667, "fair_value": 3.456538, "relative_strength": -18.225702, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.836691, "energy": 14.354534, "activity_lines": [ 1.958, 1.945455, 1.94981, 1.944903 ] }, { "date": "2024-05-24", "close": 1.97, "volume": 0, "typical_volume": 776.0, "trend": 1.934, "fair_value": 3.458654, "relative_strength": -16.451982, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.0285, "energy": 22.549728, "activity_lines": [ 1.972, 1.947818, 1.951857, 1.947183 ] }, { "date": "2024-05-31", "close": 1.81, "volume": 1000, "typical_volume": 765.75, "trend": 1.934333, "fair_value": 3.458718, "relative_strength": -21.15918, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.383633, "energy": 7.654419, "activity_lines": [ 1.924, 1.921636, 1.93781, 1.939183 ] }, { "date": "2024-06-07", "close": 1.84, "volume": 111, "typical_volume": 744.55, "trend": 1.928333, "fair_value": 3.458974, "relative_strength": -18.825714, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.968696, "energy": 30.982378, "activity_lines": [ 1.885333, 1.905455, 1.927524, 1.933097 ] }, { "date": "2024-06-14", "close": 1.84, "volume": 273, "typical_volume": 755.55, "trend": 1.929667, "fair_value": 3.459295, "relative_strength": -12.395551, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.972939, "energy": 55.766251, "activity_lines": [ 1.86, 1.892182, 1.918095, 1.927398 ] }, { "date": "2024-06-21", "close": 1.84, "volume": 0, "typical_volume": 717.45, "trend": 1.931, "fair_value": 3.460256, "relative_strength": -12.804049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.625336, "energy": 61.33797, "activity_lines": [ 1.844667, 1.882545, 1.909524, 1.921613 ] }, { "date": "2024-06-28", "close": 1.84, "volume": 0, "typical_volume": 687.45, "trend": 1.926667, "fair_value": 3.461795, "relative_strength": -10.068453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.941591, "energy": 59.626107, "activity_lines": [ 1.838, 1.872727, 1.901571, 1.915742 ] }, { "date": "2024-07-05", "close": 2.04, "volume": 567, "typical_volume": 665.25, "trend": 1.934667, "fair_value": 3.463846, "relative_strength": -2.350077, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.47501, "energy": 7.045942, "activity_lines": [ 1.906667, 1.899273, 1.912619, 1.923054 ] }, { "date": "2024-07-12", "close": 1.83, "volume": 20, "typical_volume": 608.4, "trend": 1.929, "fair_value": 3.464551, "relative_strength": -11.982331, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.533544, "energy": 19.942916, "activity_lines": [ 1.89, 1.883273, 1.903238, 1.916301 ] }, { "date": "2024-07-19", "close": 1.83, "volume": 69, "typical_volume": 602.9, "trend": 1.925, "fair_value": 3.465064, "relative_strength": -9.140902, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.266688, "energy": 20.355024, "activity_lines": [ 1.874, 1.871091, 1.894429, 1.909914 ] }, { "date": "2024-07-26", "close": 1.75, "volume": 198, "typical_volume": 585.75, "trend": 1.918667, "fair_value": 3.465962, "relative_strength": -12.174939, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.496355, "energy": 34.678175, "activity_lines": [ 1.832, 1.847273, 1.878571, 1.898624 ] }, { "date": "2024-08-02", "close": 1.75, "volume": 0, "typical_volume": 566.15, "trend": 1.917333, "fair_value": 3.466282, "relative_strength": -8.323205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.501016, "energy": 73.287273, "activity_lines": [ 1.796, 1.827455, 1.863524, 1.887742 ] }, { "date": "2024-08-09", "close": 1.94, "volume": 3, "typical_volume": 563.8, "trend": 1.915333, "fair_value": 3.468462, "relative_strength": 2.256382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.087825, "energy": 47.882624, "activity_lines": [ 1.829333, 1.846182, 1.867762, 1.889204 ] }, { "date": "2024-08-16", "close": 1.8, "volume": 628, "typical_volume": 576.3, "trend": 1.908, "fair_value": 3.469103, "relative_strength": -6.463723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.649407, "energy": 54.569915, "activity_lines": [ 1.822667, 1.837091, 1.859238, 1.881763 ] }, { "date": "2024-08-23", "close": 1.81, "volume": 169, "typical_volume": 580.05, "trend": 1.901, "fair_value": 3.469808, "relative_strength": -6.879444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.541061, "energy": 30.849767, "activity_lines": [ 1.821333, 1.830545, 1.852619, 1.875441 ] }, { "date": "2024-08-30", "close": 1.81, "volume": 370, "typical_volume": 524.6, "trend": 1.895667, "fair_value": 3.470641, "relative_strength": -6.839318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.041761, "energy": 25.364987, "activity_lines": [ 1.821333, 1.824545, 1.847095, 1.86957 ] }, { "date": "2024-09-06", "close": 1.75, "volume": 61, "typical_volume": 524.9, "trend": 1.893, "fair_value": 3.471923, "relative_strength": -5.908646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.399208, "energy": 45.572083, "activity_lines": [ 1.797333, 1.808182, 1.835952, 1.860172 ] }, { "date": "2024-09-13", "close": 1.99, "volume": 356, "typical_volume": 409.1, "trend": 1.894333, "fair_value": 3.474295, "relative_strength": 5.739266, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.445861, "energy": 5.973827, "activity_lines": [ 1.853333, 1.837091, 1.848095, 1.86643 ] }, { "date": "2024-09-20", "close": 1.7, "volume": 660, "typical_volume": 416.35, "trend": 1.886, "fair_value": 3.475513, "relative_strength": -9.310253, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.4013, "energy": 30.792607, "activity_lines": [ 1.809333, 1.814182, 1.831714, 1.853892 ] }, { "date": "2024-09-27", "close": 1.66, "volume": 108, "typical_volume": 362.0, "trend": 1.876333, "fair_value": 3.476667, "relative_strength": -14.480858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.804938, "energy": 39.996608, "activity_lines": [ 1.758667, 1.786364, 1.813143, 1.839312 ] }, { "date": "2024-10-04", "close": 1.68, "volume": 333, "typical_volume": 246.3, "trend": 1.868333, "fair_value": 3.477949, "relative_strength": -10.097499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.687629, "energy": 48.064407, "activity_lines": [ 1.724667, 1.765273, 1.798048, 1.826645 ] }, { "date": "2024-10-11", "close": 1.8, "volume": 70, "typical_volume": 249.8, "trend": 1.861667, "fair_value": 3.48, "relative_strength": -3.973779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.509023, "energy": 59.45356, "activity_lines": [ 1.739333, 1.767273, 1.795762, 1.822237 ] }, { "date": "2024-10-18", "close": 1.75, "volume": 749, "typical_volume": 237.25, "trend": 1.851333, "fair_value": 3.480385, "relative_strength": -6.824546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.265371, "energy": 52.37381, "activity_lines": [ 1.734, 1.759273, 1.789524, 1.815032 ] }, { "date": "2024-10-25", "close": 1.75, "volume": 0, "typical_volume": 231.7, "trend": 1.843, "fair_value": 3.479615, "relative_strength": -4.948672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.102507, "energy": 31.095667, "activity_lines": [ 1.744667, 1.754727, 1.783571, 1.808495 ] }, { "date": "2024-11-01", "close": 1.97, "volume": 3935, "typical_volume": 414.8, "trend": 1.840667, "fair_value": 3.466603, "relative_strength": 8.18894, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.710663, "energy": 10.43748, "activity_lines": [ 1.825333, 1.791091, 1.799, 1.816688 ] }, { "date": "2024-11-08", "close": 1.72, "volume": 331, "typical_volume": 431.35, "trend": 1.837, "fair_value": 3.442372, "relative_strength": -4.241686, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.75767, "energy": 18.896491, "activity_lines": [ 1.802, 1.779091, 1.79, 1.808903 ] }, { "date": "2024-11-15", "close": 1.94, "volume": 270, "typical_volume": 444.85, "trend": 1.840333, "fair_value": 3.409936, "relative_strength": 8.877926, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.604771, "energy": 20.950643, "activity_lines": [ 1.849333, 1.808727, 1.802524, 1.815548 ] }, { "date": "2024-11-22", "close": 1.68, "volume": 1388, "typical_volume": 485.9, "trend": 1.836333, "fair_value": 3.372628, "relative_strength": -5.410746, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.445473, "energy": 20.416127, "activity_lines": [ 1.800667, 1.787636, 1.78981, 1.805204 ] }, { "date": "2024-11-29", "close": 1.66, "volume": 551, "typical_volume": 512.45, "trend": 1.823667, "fair_value": 3.335192, "relative_strength": -5.993731, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.043832, "energy": 31.425722, "activity_lines": [ 1.75, 1.768545, 1.776905, 1.793828 ] }, { "date": "2024-12-06", "close": 1.71, "volume": 258, "typical_volume": 521.9, "trend": 1.814333, "fair_value": 3.301282, "relative_strength": -5.596407, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.765564, "energy": 37.074177, "activity_lines": [ 1.722, 1.759273, 1.769571, 1.786495 ] }, { "date": "2024-12-13", "close": 1.93, "volume": 160, "typical_volume": 520.0, "trend": 1.813, "fair_value": 3.268782, "relative_strength": 6.82151, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.537709, "energy": 11.882283, "activity_lines": [ 1.784667, 1.789091, 1.783762, 1.793957 ] }, { "date": "2024-12-20", "close": 1.66, "volume": 227, "typical_volume": 531.35, "trend": 1.802667, "fair_value": 3.238397, "relative_strength": -6.198433, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.630285, "energy": 36.942442, "activity_lines": [ 1.743333, 1.765273, 1.771381, 1.784086 ] }, { "date": "2024-12-27", "close": 1.67, "volume": 125, "typical_volume": 537.45, "trend": 1.798, "fair_value": 3.210641, "relative_strength": -6.448254, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.300804, "energy": 31.483522, "activity_lines": [ 1.724, 1.745818, 1.760381, 1.775527 ] }, { "date": "2025-01-03", "close": 1.67, "volume": 0, "typical_volume": 506.05, "trend": 1.792333, "fair_value": 3.184808, "relative_strength": -5.419404, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.491126, "energy": 29.088293, "activity_lines": [ 1.705333, 1.727818, 1.750667, 1.767269 ] }, { "date": "2025-01-10", "close": 1.67, "volume": 185, "typical_volume": 506.85, "trend": 1.786667, "fair_value": 3.155128, "relative_strength": -6.995039, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.981653, "energy": 55.457012, "activity_lines": [ 1.686, 1.711273, 1.741571, 1.759376 ] }, { "date": "2025-01-17", "close": 1.67, "volume": 0, "typical_volume": 488.35, "trend": 1.781, "fair_value": 3.126731, "relative_strength": -9.945707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.545047, "energy": 50.559056, "activity_lines": [ 1.669333, 1.700182, 1.733143, 1.751849 ] }, { "date": "2025-01-24", "close": 1.88, "volume": 675, "typical_volume": 519.05, "trend": 1.782333, "fair_value": 3.106731, "relative_strength": -1.190746, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.651341, "energy": 9.319195, "activity_lines": [ 1.74, 1.728182, 1.745381, 1.758237 ] }, { "date": "2025-01-31", "close": 1.7, "volume": 28, "typical_volume": 502.65, "trend": 1.771, "fair_value": 3.088782, "relative_strength": -10.577596, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.715295, "energy": 15.258656, "activity_lines": [ 1.736, 1.724545, 1.739857, 1.752925 ] }, { "date": "2025-02-07", "close": 1.64, "volume": 1500, "typical_volume": 544.65, "trend": 1.764667, "fair_value": 3.066923, "relative_strength": -13.747955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.840183, "energy": 20.0196, "activity_lines": [ 1.71, 1.709636, 1.73, 1.744473 ] }, { "date": "2025-02-14", "close": 1.62, "volume": 1568, "typical_volume": 617.65, "trend": 1.757667, "fair_value": 3.046538, "relative_strength": -16.584583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.1492, "energy": 26.341059, "activity_lines": [ 1.679333, 1.691455, 1.718524, 1.73514 ] }, { "date": "2025-02-21", "close": 1.47, "volume": 4559, "typical_volume": 828.95, "trend": 1.748333, "fair_value": 3.025192, "relative_strength": -23.686548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.565126, "energy": 64.58297, "activity_lines": [ 1.602, 1.647636, 1.692952, 1.716581 ] }, { "date": "2025-02-28", "close": 1.56, "volume": 5141, "typical_volume": 1082.5, "trend": 1.742, "fair_value": 3.005705, "relative_strength": -18.230337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.857932, "energy": 58.69358, "activity_lines": [ 1.568, 1.628545, 1.676952, 1.70443 ] }, { "date": "2025-03-07", "close": 1.7, "volume": 1162, "typical_volume": 1103.15, "trend": 1.734, "fair_value": 2.986603, "relative_strength": -10.775074, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.802732, "energy": 42.793201, "activity_lines": [ 1.602, 1.636727, 1.675429, 1.70172 ] }, { "date": "2025-03-14", "close": 1.7, "volume": 0, "typical_volume": 1103.15, "trend": 1.730667, "fair_value": 2.967628, "relative_strength": -9.50043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.071, "energy": 27.264253, "activity_lines": [ 1.636, 1.644364, 1.674143, 1.699527 ] }, { "date": "2025-03-21", "close": 1.72, "volume": 1440, "typical_volume": 978.4, "trend": 1.727667, "fair_value": 2.948782, "relative_strength": -8.309976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.765129, "energy": 13.752079, "activity_lines": [ 1.672667, 1.655091, 1.675, 1.698839 ] }, { "date": "2025-03-28", "close": 1.62, "volume": 1029, "typical_volume": 1013.3, "trend": 1.721333, "fair_value": 2.929679, "relative_strength": -11.973055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.379498, "energy": 18.034024, "activity_lines": [ 1.669333, 1.646727, 1.667524, 1.691892 ] }, { "date": "2025-04-04", "close": 1.83, "volume": 111, "typical_volume": 1005.35, "trend": 1.724, "fair_value": 2.912051, "relative_strength": 8.214685, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.28816, "energy": 12.134244, "activity_lines": [ 1.726, 1.677455, 1.680524, 1.698903 ] }, { "date": "2025-04-11", "close": 1.53, "volume": 1658, "typical_volume": 1018.85, "trend": 1.708667, "fair_value": 2.880321, "relative_strength": -7.258224, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.167261, "energy": 16.013554, "activity_lines": [ 1.664667, 1.654545, 1.665476, 1.686387 ] }, { "date": "2025-04-18", "close": 1.57, "volume": 740, "typical_volume": 1028.3, "trend": 1.704333, "fair_value": 2.852692, "relative_strength": -7.091835, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.819443, "energy": 21.948804, "activity_lines": [ 1.628, 1.642, 1.654952, 1.677441 ] }, { "date": "2025-04-25", "close": 1.7, "volume": 75, "typical_volume": 1019.15, "trend": 1.705667, "fair_value": 2.826154, "relative_strength": -2.765814, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.691663, "energy": 15.512871, "activity_lines": [ 1.643333, 1.654364, 1.657238, 1.677161 ] }, { "date": "2025-05-02", "close": 1.65, "volume": 50, "typical_volume": 1013.65, "trend": 1.704667, "fair_value": 2.802372, "relative_strength": -8.135109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.495563, "energy": 18.632261, "activity_lines": [ 1.643333, 1.656182, 1.65481, 1.67357 ] }, { "date": "2025-05-09", "close": 1.86, "volume": 6346, "typical_volume": 1319.6, "trend": 1.706667, "fair_value": 2.779551, "relative_strength": 3.930882, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.401021, "energy": 12.017716, "activity_lines": [ 1.711333, 1.692909, 1.673714, 1.683591 ] }, { "date": "2025-05-16", "close": 1.64, "volume": 3073, "typical_volume": 1467.0, "trend": 1.703, "fair_value": 2.755192, "relative_strength": -9.773212, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.918346, "energy": 6.316156, "activity_lines": [ 1.704, 1.684182, 1.670714, 1.67929 ] }, { "date": "2025-05-23", "close": 1.52, "volume": 2248, "typical_volume": 1579.4, "trend": 1.695333, "fair_value": 2.731603, "relative_strength": -14.394046, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.679101, "energy": 19.817336, "activity_lines": [ 1.649333, 1.654727, 1.656429, 1.667484 ] }, { "date": "2025-05-30", "close": 1.64, "volume": 1020, "typical_volume": 1621.15, "trend": 1.684333, "fair_value": 2.707885, "relative_strength": -7.728983, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.844026, "energy": 15.320076, "activity_lines": [ 1.638, 1.650364, 1.654286, 1.663914 ] }, { "date": "2025-06-06", "close": 1.5, "volume": 565, "typical_volume": 1649.4, "trend": 1.677, "fair_value": 2.683269, "relative_strength": -15.912335, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.041843, "energy": 43.50033, "activity_lines": [ 1.584, 1.622, 1.638952, 1.652022 ] }, { "date": "2025-06-13", "close": 1.34, "volume": 780, "typical_volume": 1654.65, "trend": 1.657, "fair_value": 2.661154, "relative_strength": -23.249261, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.568023, "energy": 63.986654, "activity_lines": [ 1.486667, 1.566727, 1.60919, 1.63028 ] }, { "date": "2025-06-20", "close": 1.54, "volume": 3976, "typical_volume": 1852.05, "trend": 1.652333, "fair_value": 2.641538, "relative_strength": -10.399209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.570486, "energy": 51.557966, "activity_lines": [ 1.490667, 1.556727, 1.601048, 1.622731 ] }, { "date": "2025-06-27", "close": 1.7, "volume": 1890, "typical_volume": 1871.55, "trend": 1.653667, "fair_value": 2.620385, "relative_strength": -2.192753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.708637, "energy": 30.996814, "activity_lines": [ 1.554667, 1.575636, 1.608905, 1.625806 ] }, { "date": "2025-07-04", "close": 1.54, "volume": 900, "typical_volume": 1838.15, "trend": 1.648, "fair_value": 2.598205, "relative_strength": -10.954774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.740732, "energy": 24.285923, "activity_lines": [ 1.553333, 1.563091, 1.601238, 1.618473 ] }, { "date": "2025-07-11", "close": 1.5, "volume": 274, "typical_volume": 1623.9, "trend": 1.633667, "fair_value": 2.575769, "relative_strength": -14.409223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.612633, "energy": 20.092251, "activity_lines": [ 1.545333, 1.546182, 1.590143, 1.608925 ] }, { "date": "2025-07-18", "close": 1.5, "volume": 633, "typical_volume": 1398.5, "trend": 1.628333, "fair_value": 2.555385, "relative_strength": -13.958825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.224773, "energy": 17.232025, "activity_lines": [ 1.537333, 1.532, 1.578905, 1.600301 ] }, { "date": "2025-07-25", "close": 1.5, "volume": 274, "typical_volume": 1354.1, "trend": 1.622667, "fair_value": 2.53359, "relative_strength": -13.782169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.724166, "energy": 27.931903, "activity_lines": [ 1.518667, 1.524364, 1.567952, 1.592022 ] }, { "date": "2025-08-01", "close": 1.58, "volume": 2038, "typical_volume": 1456.0, "trend": 1.619667, "fair_value": 2.509103, "relative_strength": -5.45129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.617842, "energy": 22.399292, "activity_lines": [ 1.529333, 1.533818, 1.565571, 1.589269 ] }, { "date": "2025-08-08", "close": 1.5, "volume": 559, "typical_volume": 1411.95, "trend": 1.614, "fair_value": 2.484744, "relative_strength": -11.961293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.28163, "energy": 25.153591, "activity_lines": [ 1.521333, 1.527636, 1.556143, 1.581548 ] }, { "date": "2025-08-15", "close": 1.65, "volume": 3608, "typical_volume": 1540.9, "trend": 1.613333, "fair_value": 2.46391, "relative_strength": -5.086064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.812275, "energy": 10.445108, "activity_lines": [ 1.566, 1.551273, 1.562048, 1.583871 ] }, { "date": "2025-08-22", "close": 1.98, "volume": 2307, "typical_volume": 1650.7, "trend": 1.616667, "fair_value": 2.443269, "relative_strength": 13.141078, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.728053, "energy": 36.557075, "activity_lines": [ 1.710667, 1.632182, 1.599238, 1.607527 ] }, { "date": "2025-08-29", "close": 1.99, "volume": 174, "typical_volume": 1576.5, "trend": 1.626333, "fair_value": 2.422692, "relative_strength": 17.41849, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "up", "direction": 72.173906, "energy": 68.974287, "activity_lines": [ 1.826667, 1.703273, 1.636667, 1.631613 ] }, { "date": "2025-09-05", "close": 1.99, "volume": 0, "typical_volume": 1539.5, "trend": 1.638, "fair_value": 2.398269, "relative_strength": 17.645264, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.351981, "energy": 77.334534, "activity_lines": [ 1.91, 1.766182, 1.671905, 1.655075 ] }, { "date": "2025-09-12", "close": 1.99, "volume": 60, "typical_volume": 1538.75, "trend": 1.650333, "fair_value": 2.378974, "relative_strength": 15.506822, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.382857, "energy": 76.770333, "activity_lines": [ 1.966, 1.823818, 1.705143, 1.677785 ] }, { "date": "2025-09-19", "close": 1.99, "volume": 0, "typical_volume": 1536.25, "trend": 1.667667, "fair_value": 2.357756, "relative_strength": 14.8218, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.228026, "energy": 79.166321, "activity_lines": [ 1.989333, 1.873273, 1.737, 1.699699 ] }, { "date": "2025-09-26", "close": 1.9, "volume": 64, "typical_volume": 1222.15, "trend": 1.679, "fair_value": 2.339808, "relative_strength": 9.121149, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.309077, "energy": 64.789056, "activity_lines": [ 1.96, 1.897455, 1.758667, 1.714688 ] }, { "date": "2025-10-03", "close": 1.7, "volume": 546, "typical_volume": 1095.8, "trend": 1.679, "fair_value": 2.320577, "relative_strength": -4.809992, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.266035, "energy": 31.297734, "activity_lines": [ 1.869333, 1.878, 1.761095, 1.716043 ] }, { "date": "2025-10-10", "close": 1.61, "volume": 1553, "typical_volume": 1061.05, "trend": 1.676, "fair_value": 2.299487, "relative_strength": -7.71282, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.228473, "energy": 16.232054, "activity_lines": [ 1.768, 1.838545, 1.754667, 1.711591 ] }, { "date": "2025-10-17", "close": 1.8, "volume": 100, "typical_volume": 1015.05, "trend": 1.678667, "fair_value": 2.279487, "relative_strength": 0.028716, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.511216, "energy": 21.977162, "activity_lines": [ 1.755333, 1.833091, 1.765905, 1.719591 ] }, { "date": "2025-10-24", "close": 1.8, "volume": 0, "typical_volume": 986.8, "trend": 1.684667, "fair_value": 2.262179, "relative_strength": -0.46992, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.665218, "energy": 20.973671, "activity_lines": [ 1.755333, 1.822182, 1.776381, 1.727419 ] }, { "date": "2025-10-31", "close": 1.7, "volume": 1173, "typical_volume": 1006.45, "trend": 1.680333, "fair_value": 2.242308, "relative_strength": -4.315755, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.722212, "energy": 15.014505, "activity_lines": [ 1.734667, 1.790364, 1.775905, 1.728409 ] }, { "date": "2025-11-07", "close": 1.7, "volume": 1075, "typical_volume": 861.4, "trend": 1.686, "fair_value": 2.222692, "relative_strength": -2.082196, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.291018, "energy": 7.044625, "activity_lines": [ 1.727333, 1.763636, 1.773714, 1.729677 ] }, { "date": "2025-11-14", "close": 1.7, "volume": 0, "typical_volume": 766.9, "trend": 1.690333, "fair_value": 2.203205, "relative_strength": -4.221958, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.305441, "energy": 8.101616, "activity_lines": [ 1.72, 1.742182, 1.770762, 1.730581 ] }, { "date": "2025-11-21", "close": 1.39, "volume": 546, "typical_volume": 749.2, "trend": 1.68, "fair_value": 2.194936, "relative_strength": -19.438919, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.194555, "energy": 35.094906, "activity_lines": [ 1.603333, 1.669636, 1.738286, 1.711204 ] }, { "date": "2025-11-28", "close": 1.75, "volume": 1200, "typical_volume": 795.5, "trend": 1.683333, "fair_value": 2.177308, "relative_strength": -0.198829, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.875138, "energy": 25.762445, "activity_lines": [ 1.634, 1.673455, 1.74081, 1.71572 ] }, { "date": "2025-12-05", "close": 2.06, "volume": 10110, "typical_volume": 1269.35, "trend": 1.69, "fair_value": 2.164872, "relative_strength": 17.348758, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 46.827077, "energy": 18.421537, "activity_lines": [ 1.771333, 1.738, 1.771667, 1.740022 ] }, { "date": "2025-12-12", "close": 3.0, "volume": 12627, "typical_volume": 1887.0, "trend": 1.735333, "fair_value": 2.158462, "relative_strength": 70.188664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.021836, "energy": 79.370704, "activity_lines": [ 2.198, 1.970545, 1.889381, 1.824538 ] }, { "date": "2025-12-19", "close": 2.1, "volume": 1651, "typical_volume": 1867.65, "trend": 1.754667, "fair_value": 2.149487, "relative_strength": 17.617836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.904673, "energy": 65.47899, "activity_lines": [ 2.238, 2.015818, 1.914238, 1.848065 ] }, { "date": "2025-12-26", "close": 2.28, "volume": 883, "typical_volume": 1883.85, "trend": 1.776, "fair_value": 2.147692, "relative_strength": 27.842998, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.825409, "energy": 68.539932, "activity_lines": [ 2.311333, 2.084909, 1.953762, 1.881957 ] }, { "date": "2026-01-02", "close": 2.5, "volume": 3093, "typical_volume": 1858.1, "trend": 1.809333, "fair_value": 2.139103, "relative_strength": 37.700184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.321704, "energy": 72.802273, "activity_lines": [ 2.398667, 2.185273, 2.010524, 1.928667 ] }, { "date": "2026-01-09", "close": 2.2, "volume": 2712, "typical_volume": 1878.35, "trend": 1.838, "fair_value": 2.124359, "relative_strength": 18.363754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.791234, "energy": 37.708997, "activity_lines": [ 2.336, 2.218364, 2.034667, 1.953871 ] }, { "date": "2026-01-16", "close": 3.38, "volume": 4856, "typical_volume": 2112.45, "trend": 1.899333, "fair_value": 2.117179, "relative_strength": 81.102483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.465135, "energy": 59.154142, "activity_lines": [ 2.657333, 2.456909, 2.170143, 2.053355 ] }, { "date": "2026-01-23", "close": 2.94, "volume": 578, "typical_volume": 2141.35, "trend": 1.940667, "fair_value": 2.108077, "relative_strength": 58.101926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.676348, "energy": 56.514865, "activity_lines": [ 2.806667, 2.584909, 2.257095, 2.120495 ] }, { "date": "2026-01-30", "close": 3.1, "volume": 297, "typical_volume": 2153.2, "trend": 1.992667, "fair_value": 2.103269, "relative_strength": 64.719679, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.943109, "energy": 61.284352, "activity_lines": [ 2.953333, 2.719455, 2.354762, 2.19529 ] }, { "date": "2026-02-06", "close": 2.44, "volume": 1804, "typical_volume": 2243.4, "trend": 2.024, "fair_value": 2.096474, "relative_strength": 26.405564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.921297, "energy": 51.48295, "activity_lines": [ 2.825333, 2.702909, 2.384286, 2.224151 ] }, { "date": "2026-02-13", "close": 2.5, "volume": 508, "typical_volume": 2265.6, "trend": 2.057333, "fair_value": 2.086795, "relative_strength": 27.841098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.292887, "energy": 34.121389, "activity_lines": [ 2.721333, 2.684727, 2.417381, 2.25486 ] }, { "date": "2026-02-20", "close": 2.6, "volume": 1209, "typical_volume": 2298.75, "trend": 2.094, "fair_value": 2.080321, "relative_strength": 28.460434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.707782, "energy": 22.492649, "activity_lines": [ 2.630667, 2.676727, 2.457143, 2.289871 ] }, { "date": "2026-02-27", "close": 2.18, "volume": 1397, "typical_volume": 2290.95, "trend": 2.114, "fair_value": 2.071859, "relative_strength": 6.358658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.846851, "energy": 17.964594, "activity_lines": [ 2.452, 2.599636, 2.452619, 2.295419 ] }, { "date": "2026-03-06", "close": 2.4, "volume": 618, "typical_volume": 2316.85, "trend": 2.144, "fair_value": 2.064167, "relative_strength": 24.781311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.253452, "energy": 17.455046, "activity_lines": [ 2.397333, 2.561091, 2.466333, 2.313871 ] }, { "date": "2026-03-13", "close": 2.6, "volume": 1516, "typical_volume": 2392.65, "trend": 2.175667, "fair_value": 2.05641, "relative_strength": 35.316094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.7448, "energy": 15.939104, "activity_lines": [ 2.456, 2.556727, 2.496238, 2.34329 ] }, { "date": "2026-03-20", "close": 2.84, "volume": 1615, "typical_volume": 2414.75, "trend": 2.204333, "fair_value": 2.051987, "relative_strength": 50.679546, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.677439, "energy": 18.276803, "activity_lines": [ 2.584, 2.594182, 2.54519, 2.386151 ] }, { "date": "2026-03-27", "close": 2.54, "volume": 1017, "typical_volume": 2411.85, "trend": 2.222667, "fair_value": 2.044487, "relative_strength": 32.826962, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.174737, "energy": 21.643952, "activity_lines": [ 2.589333, 2.565455, 2.560143, 2.407806 ] }, { "date": "2026-04-03", "close": 2.46, "volume": 595, "typical_volume": 2441.6, "trend": 2.238333, "fair_value": 2.037821, "relative_strength": 23.884844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.728723, "energy": 18.793213, "activity_lines": [ 2.572, 2.537455, 2.563476, 2.423118 ] }, { "date": "2026-04-10", "close": 2.28, "volume": 408, "typical_volume": 2434.7, "trend": 2.248, "fair_value": 2.030128, "relative_strength": 10.172823, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.162279, "energy": 7.757977, "activity_lines": [ 2.476, 2.485455, 2.546048, 2.425806 ] }, { "date": "2026-04-17", "close": 2.46, "volume": 822, "typical_volume": 2415.8, "trend": 2.263667, "fair_value": 2.024744, "relative_strength": 15.854966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.683634, "energy": 11.186762, "activity_lines": [ 2.448, 2.481091, 2.541524, 2.439484 ] }, { "date": "2026-04-24", "close": 2.68, "volume": 438, "typical_volume": 1932.2, "trend": 2.289667, "fair_value": 2.02141, "relative_strength": 29.3358, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.322687, "energy": 12.011187, "activity_lines": [ 2.502667, 2.516364, 2.554571, 2.466344 ] }, { "date": "2026-05-01", "close": 2.9, "volume": 1678, "typical_volume": 1384.75, "trend": 2.329667, "fair_value": 2.021282, "relative_strength": 39.166117, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 55.924335, "energy": 28.428119, "activity_lines": [ 2.641333, 2.588364, 2.585619, 2.50572 ] }, { "date": "2026-05-08", "close": 2.3, "volume": 16162, "typical_volume": 2110.3, "trend": 2.352667, "fair_value": 2.015641, "relative_strength": 10.047027, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.166382, "energy": 11.650331, "activity_lines": [ 2.556, 2.545818, 2.56, 2.503806 ] }, { "date": "2026-05-15", "close": 2.32, "volume": 5985, "typical_volume": 2365.4, "trend": 2.37, "fair_value": 2.010641, "relative_strength": 12.533754, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.93864, "energy": 5.722155, "activity_lines": [ 2.488, 2.504727, 2.535333, 2.501699 ] }, { "date": "2026-05-22", "close": 2.26, "volume": 1146, "typical_volume": 2268.05, "trend": 2.385333, "fair_value": 2.004744, "relative_strength": 6.769927, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.007579, "energy": 9.741978, "activity_lines": [ 2.397333, 2.454182, 2.504762, 2.494602 ] }, { "date": "2026-05-29", "close": 2.32, "volume": 624, "typical_volume": 2163.65, "trend": 2.406, "fair_value": 1.999231, "relative_strength": 8.1257, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.610275, "energy": 24.379942, "activity_lines": [ 2.34, 2.420727, 2.481048, 2.490387 ] }, { "date": "2026-06-05", "close": 2.3, "volume": 0, "typical_volume": 1920.85, "trend": 2.426, "fair_value": 1.993846, "relative_strength": 6.056349, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.411179, "energy": 35.654276, "activity_lines": [ 2.3, 2.393091, 2.454857, 2.483548 ] }, { "date": "2026-06-12", "close": 2.36, "volume": 432, "typical_volume": 1913.55, "trend": 2.448, "fair_value": 1.989103, "relative_strength": 6.256588, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.766527, "energy": 36.592681, "activity_lines": [ 2.32, 2.380727, 2.439524, 2.47929 ] }, { "date": "2026-06-19", "close": 2.52, "volume": 275, "typical_volume": 1912.45, "trend": 2.485667, "fair_value": 1.986282, "relative_strength": 11.735329, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -41.446729, "energy": 23.224574, "activity_lines": [ 2.389333, 2.399273, 2.44219, 2.483935 ] }, { "date": "2026-06-26", "close": 2.52, "volume": 0, "typical_volume": 1822.25, "trend": 2.511333, "fair_value": 1.983205, "relative_strength": 11.581527, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.622501, "energy": 13.101461, "activity_lines": [ 2.445333, 2.413455, 2.447619, 2.486151 ] }, { "date": "2026-07-03", "close": 2.48, "volume": 1001, "typical_volume": 1846.9, "trend": 2.525333, "fair_value": 1.983718, "relative_strength": 7.518722, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.645152, "energy": 15.476758, "activity_lines": [ 2.470667, 2.419273, 2.448857, 2.484129 ] }, { "date": "2026-07-10", "close": 2.42, "volume": 100, "typical_volume": 1791.45, "trend": 2.506, "fair_value": 1.980641, "relative_strength": 6.301407, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.112768, "energy": 15.480598, "activity_lines": [ 2.465333, 2.417818, 2.444476, 2.477333 ] }, { "date": "2026-07-17", "close": 2.4, "volume": 62, "typical_volume": 1724.7, "trend": 2.516, "fair_value": 1.979872, "relative_strength": 4.716323, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.190014, "energy": 13.192957, "activity_lines": [ 2.445333, 2.421455, 2.439048, 2.470495 ] }, { "date": "2026-07-24", "close": 2.5, "volume": 2836, "typical_volume": 1835.6, "trend": 2.523333, "fair_value": 1.979103, "relative_strength": 7.835004, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.822679, "energy": 9.029278, "activity_lines": [ 2.456, 2.441455, 2.442095, 2.469462 ] }, { "date": "2026-07-31", "close": 2.3, "volume": 2772, "typical_volume": 1898.4, "trend": 2.516667, "fair_value": 1.978077, "relative_strength": -2.804281, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.210117, "energy": 21.894038, "activity_lines": [ 2.401333, 2.421818, 2.425619, 2.455054 ] }, { "date": "2026-08-07", "close": 2.2, "volume": 85, "typical_volume": 1821.9, "trend": 2.516667, "fair_value": 1.974103, "relative_strength": -9.587321, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.996201, "energy": 46.132729, "activity_lines": [ 2.328, 2.383273, 2.401048, 2.434624 ] } ], "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." } } }