{ "ticker": { "uuid": "45e59cc2-2a9f-4f39-a4b2-e76a15daa18f", "symbol": "ACCON", "name": "Acconeer AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 21.356, "architecture_energy": 13.514, "architecture_maturity": 62.014, "architecture_confidence": 96, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 57.34, "rotation_up": 23.89, "upward_expansion": 47.39, "deceleration": 84.29, "rotation_down": 28.66, "downward_expansion": 25.39 }, "activity_lines": [ 16.378666, 16.698, 16.721143, 15.524602 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 17.0, "trend_reference": 14.052667, "distance_from_trend": 0.209735, "trend_direction": "Improving", "fair_value": 10.253084, "distance_from_fair_value": 0.658038, "fair_value_direction": "Improving", "relative_strength": 33.559503, "relative_strength_direction": "Weakening", "price_momentum": 0.421405, "excess_performance": 0.35991, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.209735, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.168103, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.658038, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.203604, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.335595, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.427266, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.421405, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.112104, "read": "Demand-led" } ], "volume": { "latest": 646352, "relative_activity": 0.425264, "balance": 4.112104, "dry_up": 0.59264, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.186742, "annualized_volatility": 0.896132, "from_high_reference": -0.36803, "from_low_reference": 2.695652 }, "levels": { "trend_reference": 14.052667, "fair_value_reference": 10.253084, "structural_low": 8.31, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": -0.039548, "positive_rate": 0.363636, "directional_follow_through": 0.363636, "median_excess_return": -0.035391, "regime_survival": 0.545455, "best_return": 0.545064, "worst_return": -0.169014, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.129032, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.101789, "regime_survival": 0.2, "best_return": 0.376254, "worst_return": -0.317143, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.096186, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.106747, "regime_survival": 0.25, "best_return": 1.0, "worst_return": -0.244017, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.058065, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.026405, "regime_survival": 0.333333, "best_return": 1.906404, "worst_return": -0.202109, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-13", "end": "2024-10-25", "tenure": "Developing", "return": -0.153846, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.059829, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-03-07", "tenure": "Established", "return": 0.007645, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-05-23", "tenure": "Developing", "return": 0.087179, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": -0.022581, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-08-08", "tenure": "Developing", "return": -0.152709, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": 0.018109, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": 0.009823, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-10-24", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": 0.035152, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-01-30", "tenure": "Developing", "return": -0.026515, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-05-01", "tenure": "Established", "return": 0.168896, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-07-03", "tenure": "Developing", "return": -0.014581, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.039548, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 29.4, "volume": 123029, "typical_volume": 193208.2, "trend": 34.285, "fair_value": 44.5769, "relative_strength": -22.268709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.327714, "energy": 40.936103, "activity_lines": [ 27.296666, 27.768182, 29.936667, 31.883763 ] }, { "date": "2023-08-25", "close": 25.1, "volume": 103805, "typical_volume": 196339.45, "trend": 33.841667, "fair_value": 44.572151, "relative_strength": -32.760767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.778038, "energy": 43.230485, "activity_lines": [ 26.76, 27.256363, 29.264048, 31.291183 ] }, { "date": "2023-09-01", "close": 24.25, "volume": 197750, "typical_volume": 203833.45, "trend": 33.318333, "fair_value": 44.571955, "relative_strength": -35.258522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.149706, "energy": 41.497133, "activity_lines": [ 25.983333, 26.637273, 28.570952, 30.672366 ] }, { "date": "2023-09-08", "close": 22.75, "volume": 116328, "typical_volume": 196469.2, "trend": 32.786667, "fair_value": 44.570894, "relative_strength": -38.146551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.426203, "energy": 46.174753, "activity_lines": [ 24.826667, 25.784545, 27.799524, 29.990538 ] }, { "date": "2023-09-15", "close": 20.9, "volume": 158521, "typical_volume": 191201.2, "trend": 32.18, "fair_value": 44.547973, "relative_strength": -42.88439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.477896, "energy": 68.752094, "activity_lines": [ 23.19, 24.706363, 26.925, 29.223656 ] }, { "date": "2023-09-22", "close": 18.9, "volume": 215668, "typical_volume": 198466.55, "trend": 31.551667, "fair_value": 44.525671, "relative_strength": -46.913245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.109985, "energy": 77.916498, "activity_lines": [ 21.33, 23.434545, 25.930952, 28.366882 ] }, { "date": "2023-09-29", "close": 18.360001, "volume": 175373, "typical_volume": 199242.65, "trend": 30.842, "fair_value": 44.503657, "relative_strength": -47.2857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.403084, "energy": 80.377039, "activity_lines": [ 19.99, 22.31, 24.970476, 27.515806 ] }, { "date": "2023-10-06", "close": 19.42, "volume": 81645, "typical_volume": 193083.8, "trend": 30.191, "fair_value": 44.49344, "relative_strength": -43.249104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.84968, "energy": 76.628871, "activity_lines": [ 19.452667, 21.512546, 24.191143, 26.778903 ] }, { "date": "2023-10-13", "close": 18.4, "volume": 109305, "typical_volume": 188687.4, "trend": 29.569333, "fair_value": 44.477308, "relative_strength": -46.230193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.814635, "energy": 75.416295, "activity_lines": [ 18.897334, 20.650182, 23.413619, 26.018194 ] }, { "date": "2023-10-20", "close": 16.58, "volume": 103995, "typical_volume": 185682.9, "trend": 28.880333, "fair_value": 44.456386, "relative_strength": -48.13801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.310533, "energy": 86.040865, "activity_lines": [ 18.025333, 19.573273, 22.541333, 25.180172 ] }, { "date": "2023-10-27", "close": 19.139999, "volume": 235802, "typical_volume": 191188.35, "trend": 28.235, "fair_value": 44.462189, "relative_strength": -38.430827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.806201, "energy": 63.287069, "activity_lines": [ 18.294666, 19.161273, 21.995809, 24.551763 ] }, { "date": "2023-11-03", "close": 20.6, "volume": 150811, "typical_volume": 160977.75, "trend": 27.661667, "fair_value": 44.463285, "relative_strength": -35.364646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.585508, "energy": 48.170379, "activity_lines": [ 19.034666, 19.201273, 21.657952, 24.059183 ] }, { "date": "2023-11-10", "close": 19.799999, "volume": 165129, "typical_volume": 152911.2, "trend": 27.061667, "fair_value": 44.465817, "relative_strength": -36.682693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.857198, "energy": 38.917215, "activity_lines": [ 19.358666, 19.177636, 21.277714, 23.551978 ] }, { "date": "2023-11-17", "close": 17.860001, "volume": 83510, "typical_volume": 145465.4, "trend": 26.387, "fair_value": 44.463539, "relative_strength": -44.211097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.555999, "energy": 37.700071, "activity_lines": [ 19.010667, 18.882182, 20.744143, 22.958323 ] }, { "date": "2023-11-24", "close": 20.1, "volume": 136802, "typical_volume": 146483.7, "trend": 25.863667, "fair_value": 44.476871, "relative_strength": -37.155926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.21374, "energy": 29.557521, "activity_lines": [ 19.445333, 19.082909, 20.476238, 22.55271 ] }, { "date": "2023-12-01", "close": 22.5, "volume": 167659, "typical_volume": 148824.8, "trend": 25.388667, "fair_value": 44.504586, "relative_strength": -29.477657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.264237, "energy": 20.381072, "activity_lines": [ 20.445333, 19.734545, 20.485238, 22.335699 ] }, { "date": "2023-12-08", "close": 21.9, "volume": 130210, "typical_volume": 138004.85, "trend": 24.945333, "fair_value": 44.519955, "relative_strength": -32.345655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.960735, "energy": 16.250146, "activity_lines": [ 21.021333, 20.211636, 20.484238, 22.110624 ] }, { "date": "2023-12-15", "close": 21.700001, "volume": 81340, "typical_volume": 133874.25, "trend": 24.328667, "fair_value": 44.523727, "relative_strength": -34.065257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.97996, "energy": 15.429111, "activity_lines": [ 21.444, 20.588, 20.482524, 21.901247 ] }, { "date": "2023-12-22", "close": 21.65, "volume": 102007, "typical_volume": 135421.4, "trend": 23.887, "fair_value": 44.525304, "relative_strength": -32.973088, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.347398, "energy": 15.304078, "activity_lines": [ 21.723334, 20.913818, 20.496762, 21.72843 ] }, { "date": "2023-12-29", "close": 21.200001, "volume": 72482, "typical_volume": 135558.55, "trend": 23.460333, "fair_value": 44.518995, "relative_strength": -33.861578, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.814473, "energy": 11.710347, "activity_lines": [ 21.600001, 21.098728, 20.483143, 21.555075 ] }, { "date": "2024-01-05", "close": 20.700001, "volume": 57662, "typical_volume": 132290.2, "trend": 23.032, "fair_value": 44.495417, "relative_strength": -32.682737, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.755986, "energy": 8.646471, "activity_lines": [ 21.236667, 21.108728, 20.452143, 21.376989 ] }, { "date": "2024-01-12", "close": 19.940001, "volume": 65540, "typical_volume": 130376.95, "trend": 22.773333, "fair_value": 44.438839, "relative_strength": -34.679654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.883067, "energy": 16.626856, "activity_lines": [ 20.740001, 20.952182, 20.390191, 21.177506 ] }, { "date": "2024-01-19", "close": 19.9, "volume": 30781, "typical_volume": 122028.5, "trend": 22.556667, "fair_value": 44.371065, "relative_strength": -32.242216, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.748814, "energy": 20.734481, "activity_lines": [ 20.360667, 20.800364, 20.349, 20.992129 ] }, { "date": "2024-01-26", "close": 20.450001, "volume": 111198, "typical_volume": 121772.0, "trend": 22.276667, "fair_value": 44.332133, "relative_strength": -31.579144, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.633066, "energy": 20.469558, "activity_lines": [ 20.284667, 20.746728, 20.380905, 20.856215 ] }, { "date": "2024-02-02", "close": 9.47, "volume": 1355370, "typical_volume": 181614.45, "trend": 21.584, "fair_value": 44.228129, "relative_strength": -67.623604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.391146, "energy": 75.778903, "activity_lines": [ 16.628667, 18.649637, 19.378048, 20.029979 ] }, { "date": "2024-02-09", "close": 7.83, "volume": 549348, "typical_volume": 198298.45, "trend": 20.765, "fair_value": 44.098923, "relative_strength": -72.442725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.171347, "energy": 92.537701, "activity_lines": [ 13.208, 16.447637, 18.273429, 19.142624 ] }, { "date": "2024-02-16", "close": 9.3, "volume": 565880, "typical_volume": 217823.8, "trend": 20.216667, "fair_value": 43.987266, "relative_strength": -67.333546, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.178206, "energy": 92.573436, "activity_lines": [ 11.135333, 14.779637, 17.361524, 18.402946 ] }, { "date": "2024-02-23", "close": 8.68, "volume": 215499, "typical_volume": 224516.5, "trend": 19.637667, "fair_value": 43.879761, "relative_strength": -69.163789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.74247, "energy": 91.280144, "activity_lines": [ 9.565333, 13.228, 16.433715, 17.658645 ] }, { "date": "2024-03-01", "close": 8.15, "volume": 285318, "typical_volume": 233317.15, "trend": 19.082667, "fair_value": 43.749794, "relative_strength": -70.655242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.493531, "energy": 90.119111, "activity_lines": [ 8.566667, 11.816727, 15.506572, 16.917506 ] }, { "date": "2024-03-08", "close": 5.652857, "volume": 651446, "typical_volume": 260689.7, "trend": 18.352762, "fair_value": 43.603506, "relative_strength": -79.314517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.231993, "energy": 94.61372, "activity_lines": [ 7.555619, 10.196883, 14.390415, 16.051066 ] }, { "date": "2024-03-15", "close": 4.5, "volume": 1124789, "typical_volume": 305139.05, "trend": 17.522762, "fair_value": 43.450141, "relative_strength": -83.366647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.904905, "energy": 94.040813, "activity_lines": [ 6.414762, 8.650104, 13.216497, 15.15734 ] }, { "date": "2024-03-22", "close": 4.97, "volume": 842785, "typical_volume": 339737.75, "trend": 16.851762, "fair_value": 43.289163, "relative_strength": -81.093881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.2982, "energy": 89.324067, "activity_lines": [ 5.652571, 7.483325, 12.157055, 14.347484 ] }, { "date": "2024-03-29", "close": 5.46, "volume": 1277942, "typical_volume": 395378.4, "trend": 16.225429, "fair_value": 43.087257, "relative_strength": -78.493483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.202568, "energy": 71.621489, "activity_lines": [ 5.342381, 6.677818, 11.218708, 13.612532 ] }, { "date": "2024-04-05", "close": 4.935, "volume": 1390887, "typical_volume": 460747.25, "trend": 15.631595, "fair_value": 42.890425, "relative_strength": -79.868106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.263896, "energy": 67.734663, "activity_lines": [ 5.071857, 6.039403, 10.298646, 12.884117 ] }, { "date": "2024-04-12", "close": 4.99, "volume": 2999924, "typical_volume": 603903.35, "trend": 15.101262, "fair_value": 42.643001, "relative_strength": -79.05174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.739538, "energy": 65.977439, "activity_lines": [ 5.034, 5.693078, 9.445371, 12.197562 ] }, { "date": "2024-04-19", "close": 5.81, "volume": 6394170, "typical_volume": 915228.9, "trend": 14.664929, "fair_value": 42.410522, "relative_strength": -74.815231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.573357, "energy": 62.215408, "activity_lines": [ 5.313667, 5.577299, 8.742143, 11.598126 ] }, { "date": "2024-04-26", "close": 6.54, "volume": 3074395, "typical_volume": 1062438.15, "trend": 14.270929, "fair_value": 42.199912, "relative_strength": -71.481728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.558868, "energy": 54.921387, "activity_lines": [ 5.749333, 5.630974, 8.187915, 11.073937 ] }, { "date": "2024-05-03", "close": 6.21, "volume": 1980547, "typical_volume": 1157398.5, "trend": 13.830595, "fair_value": 41.988125, "relative_strength": -71.891385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.016544, "energy": 55.822495, "activity_lines": [ 5.970333, 5.674831, 7.675401, 10.553877 ] }, { "date": "2024-05-10", "close": 6.87, "volume": 2106777, "typical_volume": 1257637.0, "trend": 13.446262, "fair_value": 41.768066, "relative_strength": -69.044309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.439587, "energy": 49.963222, "activity_lines": [ 6.361333, 5.883597, 7.299507, 10.104807 ] }, { "date": "2024-05-17", "close": 6.19, "volume": 2284319, "typical_volume": 1368228.85, "trend": 13.099929, "fair_value": 41.557088, "relative_strength": -70.824129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.548042, "energy": 53.583485, "activity_lines": [ 6.396667, 5.992, 6.929231, 9.636661 ] }, { "date": "2024-05-24", "close": 7.23, "volume": 1834819, "typical_volume": 1457086.7, "trend": 12.702929, "fair_value": 41.349026, "relative_strength": -65.176431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.628394, "energy": 43.025059, "activity_lines": [ 6.698667, 6.279727, 6.72948, 9.257956 ] }, { "date": "2024-05-31", "close": 7.6, "volume": 1250075, "typical_volume": 1516313.45, "trend": 12.269595, "fair_value": 41.091767, "relative_strength": -62.007329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.971427, "energy": 32.523711, "activity_lines": [ 7.029333, 6.585091, 6.629109, 8.928734 ] }, { "date": "2024-06-07", "close": 7.2, "volume": 2493508, "typical_volume": 1639449.8, "trend": 11.849595, "fair_value": 40.829756, "relative_strength": -63.183979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.542301, "energy": 27.6534, "activity_lines": [ 7.156, 6.769909, 6.549405, 8.601664 ] }, { "date": "2024-06-14", "close": 6.45, "volume": 3022024, "typical_volume": 1784991.1, "trend": 11.469262, "fair_value": 40.561062, "relative_strength": -65.380577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.18661, "energy": 27.378246, "activity_lines": [ 6.966667, 6.786727, 6.458748, 8.253303 ] }, { "date": "2024-06-21", "close": 6.65, "volume": 956228, "typical_volume": 1765034.0, "trend": 11.020929, "fair_value": 40.2899, "relative_strength": -63.587623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.718126, "energy": 27.558165, "activity_lines": [ 6.872, 6.812364, 6.453806, 7.942383 ] }, { "date": "2024-06-28", "close": 6.2, "volume": 1064338, "typical_volume": 1790783.5, "trend": 10.477595, "fair_value": 39.988349, "relative_strength": -65.039794, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -45.884737, "energy": 37.602455, "activity_lines": [ 6.596667, 6.726, 6.419435, 7.631355 ] }, { "date": "2024-07-05", "close": 6.5, "volume": 1309827, "typical_volume": 1827980.85, "trend": 9.964262, "fair_value": 39.665593, "relative_strength": -62.006459, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.285651, "energy": 36.048752, "activity_lines": [ 6.49, 6.687091, 6.421398, 7.374736 ] }, { "date": "2024-07-12", "close": 6.5, "volume": 965084, "typical_volume": 1865460.1, "trend": 9.457595, "fair_value": 39.252826, "relative_strength": -61.764284, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -39.517416, "energy": 31.900896, "activity_lines": [ 6.456667, 6.648909, 6.436694, 7.151235 ] }, { "date": "2024-07-19", "close": 7.7, "volume": 2494839, "typical_volume": 1975936.15, "trend": 8.992595, "fair_value": 38.87713, "relative_strength": -52.436231, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -6.957237, "energy": 12.00727, "activity_lines": [ 6.87, 6.823636, 6.576656, 7.037842 ] }, { "date": "2024-07-26", "close": 8.8, "volume": 1692065, "typical_volume": 2027967.1, "trend": 8.579262, "fair_value": 38.530363, "relative_strength": -44.430355, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 15.828314, "energy": 19.764144, "activity_lines": [ 7.566667, 7.183273, 6.823524, 7.025416 ] }, { "date": "2024-08-02", "close": 8.4, "volume": 1015974, "typical_volume": 2022526.35, "trend": 8.169262, "fair_value": 38.219162, "relative_strength": -43.161825, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 18.429617, "energy": 28.512827, "activity_lines": [ 7.986667, 7.422727, 7.01731, 7.013851 ] }, { "date": "2024-08-09", "close": 8.8, "volume": 1824626, "typical_volume": 2071618.4, "trend": 7.797929, "fair_value": 37.904899, "relative_strength": -38.48942, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 42.474609, "energy": 59.218578, "activity_lines": [ 8.393333, 7.713636, 7.230619, 7.054544 ] }, { "date": "2024-08-16", "close": 7.9, "volume": 1001166, "typical_volume": 2057779.6, "trend": 7.397929, "fair_value": 37.592368, "relative_strength": -44.461808, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.025988, "energy": 55.937588, "activity_lines": [ 8.346667, 7.819091, 7.339976, 7.061129 ] }, { "date": "2024-08-23", "close": 7.95, "volume": 674068, "typical_volume": 2021938.65, "trend": 6.981262, "fair_value": 37.253279, "relative_strength": -43.008125, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.829369, "energy": 54.604858, "activity_lines": [ 8.223333, 7.920909, 7.442476, 7.096747 ] }, { "date": "2024-08-30", "close": 7.8, "volume": 330510, "typical_volume": 1888467.95, "trend": 6.925595, "fair_value": 36.859471, "relative_strength": -43.254507, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.116977, "energy": 33.861908, "activity_lines": [ 8.033333, 7.968182, 7.516333, 7.149568 ] }, { "date": "2024-09-06", "close": 8.1, "volume": 1093725, "typical_volume": 1623445.7, "trend": 6.934595, "fair_value": 36.49384, "relative_strength": -36.688315, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.624383, "energy": 25.166344, "activity_lines": [ 8.01, 8.049091, 7.605381, 7.225336 ] }, { "date": "2024-09-13", "close": 7.8, "volume": 607540, "typical_volume": 1500102.95, "trend": 6.884595, "fair_value": 36.107533, "relative_strength": -38.628023, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.567878, "energy": 22.235313, "activity_lines": [ 7.906667, 8.040909, 7.654952, 7.281169 ] }, { "date": "2024-09-20", "close": 7.85, "volume": 846967, "typical_volume": 1443423.95, "trend": 6.856929, "fair_value": 35.663415, "relative_strength": -38.184975, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.16881, "energy": 20.406577, "activity_lines": [ 7.886667, 8.018182, 7.703286, 7.343453 ] }, { "date": "2024-09-27", "close": 7.0, "volume": 887028, "typical_volume": 1382436.5, "trend": 6.818595, "fair_value": 35.248227, "relative_strength": -44.874713, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.440355, "energy": 13.220419, "activity_lines": [ 7.586667, 7.816364, 7.662857, 7.352684 ] }, { "date": "2024-10-04", "close": 7.1, "volume": 837450, "typical_volume": 1310093.05, "trend": 6.866833, "fair_value": 34.856808, "relative_strength": -41.860132, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.770236, "energy": 14.292386, "activity_lines": [ 7.383333, 7.645455, 7.631333, 7.370839 ] }, { "date": "2024-10-11", "close": 7.1, "volume": 615318, "typical_volume": 1249118.0, "trend": 6.9535, "fair_value": 34.449762, "relative_strength": -40.132095, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.364847, "energy": 13.48034, "activity_lines": [ 7.226667, 7.505455, 7.595476, 7.385882 ] }, { "date": "2024-10-18", "close": 7.2, "volume": 409586, "typical_volume": 1207093.55, "trend": 7.027833, "fair_value": 34.021479, "relative_strength": -38.066307, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.302511, "energy": 16.046266, "activity_lines": [ 7.17, 7.407273, 7.569762, 7.401785 ] }, { "date": "2024-10-25", "close": 6.6, "volume": 1068008, "typical_volume": 1135818.55, "trend": 7.065833, "fair_value": 33.594351, "relative_strength": -41.477349, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.570601, "energy": 32.636141, "activity_lines": [ 6.953333, 7.229091, 7.48881, 7.374183 ] }, { "date": "2024-11-01", "close": 5.85, "volume": 1634988, "typical_volume": 1066466.75, "trend": 7.096333, "fair_value": 33.066153, "relative_strength": -45.63864, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.935155, "energy": 54.240065, "activity_lines": [ 6.57, 6.938182, 7.339286, 7.295742 ] }, { "date": "2024-11-08", "close": 5.9, "volume": 644218, "typical_volume": 1050866.25, "trend": 7.126667, "fair_value": 32.477642, "relative_strength": -43.381401, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.881336, "energy": 63.596475, "activity_lines": [ 6.28, 6.694545, 7.197381, 7.218559 ] }, { "date": "2024-11-15", "close": 5.8, "volume": 1219682, "typical_volume": 1058633.45, "trend": 7.126333, "fair_value": 31.930371, "relative_strength": -41.65894, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.375854, "energy": 68.582721, "activity_lines": [ 6.036667, 6.467273, 7.049524, 7.132968 ] }, { "date": "2024-11-22", "close": 5.5, "volume": 596428, "typical_volume": 1022963.5, "trend": 7.091667, "fair_value": 31.453448, "relative_strength": -42.873064, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.219119, "energy": 82.832213, "activity_lines": [ 5.78, 6.227273, 6.875, 7.028043 ] }, { "date": "2024-11-29", "close": 5.65, "volume": 704972, "typical_volume": 1009957.9, "trend": 7.073, "fair_value": 31.03005, "relative_strength": -38.932066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.104875, "energy": 78.244899, "activity_lines": [ 5.686667, 6.056364, 6.719524, 6.935032 ] }, { "date": "2024-12-06", "close": 5.15, "volume": 469707, "typical_volume": 908701.3, "trend": 7.015667, "fair_value": 30.60473, "relative_strength": -44.291855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.814764, "energy": 83.855366, "activity_lines": [ 5.49, 5.834545, 6.520476, 6.810968 ] }, { "date": "2024-12-13", "close": 5.05, "volume": 1390347, "typical_volume": 893615.4, "trend": 6.977667, "fair_value": 30.192871, "relative_strength": -41.886238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.416443, "energy": 86.074736, "activity_lines": [ 5.306667, 5.628182, 6.324048, 6.684151 ] }, { "date": "2024-12-20", "close": 4.62, "volume": 2258643, "typical_volume": 955748.85, "trend": 6.890667, "fair_value": 29.681461, "relative_strength": -42.733651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.997964, "energy": 86.322114, "activity_lines": [ 5.036667, 5.380909, 6.104524, 6.532043 ] }, { "date": "2024-12-27", "close": 4.78, "volume": 394293, "typical_volume": 884232.2, "trend": 6.796667, "fair_value": 29.138384, "relative_strength": -38.614177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.121245, "energy": 86.227701, "activity_lines": [ 4.898667, 5.207818, 5.918238, 6.395871 ] }, { "date": "2025-01-03", "close": 5.15, "volume": 602234, "typical_volume": 864285.6, "trend": 6.728333, "fair_value": 28.652807, "relative_strength": -31.557906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.627535, "energy": 78.31994, "activity_lines": [ 4.932, 5.146, 5.786333, 6.289634 ] }, { "date": "2025-01-10", "close": 4.96, "volume": 647500, "typical_volume": 862957.2, "trend": 6.678667, "fair_value": 28.211525, "relative_strength": -31.549464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.455778, "energy": 61.412153, "activity_lines": [ 4.935333, 5.076, 5.649429, 6.175548 ] }, { "date": "2025-01-17", "close": 4.64, "volume": 700849, "typical_volume": 881474.15, "trend": 6.611667, "fair_value": 27.795755, "relative_strength": -35.271649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.267686, "energy": 60.288086, "activity_lines": [ 4.844667, 4.964, 5.496286, 6.044022 ] }, { "date": "2025-01-24", "close": 4.78, "volume": 604320, "typical_volume": 857003.9, "trend": 6.564333, "fair_value": 27.425755, "relative_strength": -31.328284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.292105, "energy": 55.611569, "activity_lines": [ 4.828, 4.900364, 5.371524, 5.925849 ] }, { "date": "2025-01-31", "close": 4.66, "volume": 415700, "typical_volume": 847411.9, "trend": 6.503, "fair_value": 27.040243, "relative_strength": -31.940888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.890585, "energy": 59.43994, "activity_lines": [ 4.760667, 4.833455, 5.251143, 5.802989 ] }, { "date": "2025-02-07", "close": 4.64, "volume": 385163, "typical_volume": 824321.7, "trend": 6.441, "fair_value": 26.663576, "relative_strength": -30.625471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.095755, "energy": 59.276248, "activity_lines": [ 4.694667, 4.778182, 5.14381, 5.682796 ] }, { "date": "2025-02-14", "close": 5.3, "volume": 1210580, "typical_volume": 840499.3, "trend": 6.361, "fair_value": 26.377358, "relative_strength": -21.87748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.925345, "energy": 42.370589, "activity_lines": [ 4.882667, 4.861273, 5.114619, 5.609183 ] }, { "date": "2025-02-21", "close": 6.15, "volume": 1277847, "typical_volume": 862519.15, "trend": 6.272667, "fair_value": 26.121909, "relative_strength": -8.67132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.414168, "energy": 15.384662, "activity_lines": [ 5.331333, 5.096182, 5.174476, 5.59557 ] }, { "date": "2025-02-28", "close": 5.35, "volume": 814397, "typical_volume": 872473.1, "trend": 6.171, "fair_value": 25.903961, "relative_strength": -19.722725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.79682, "energy": 19.658986, "activity_lines": [ 5.412667, 5.165636, 5.162667, 5.536043 ] }, { "date": "2025-03-07", "close": 5.693192, "volume": 681925, "typical_volume": 886090.05, "trend": 6.06744, "fair_value": 25.671225, "relative_strength": -14.589156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.022548, "energy": 20.949965, "activity_lines": [ 5.570397, 5.284217, 5.191875, 5.505217 ] }, { "date": "2025-03-14", "close": 5.85, "volume": 578239, "typical_volume": 861601.6, "trend": 5.999106, "fair_value": 25.339494, "relative_strength": -10.988173, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.984618, "energy": 23.003759, "activity_lines": [ 5.711518, 5.414704, 5.243194, 5.491188 ] }, { "date": "2025-03-21", "close": 5.35, "volume": 547306, "typical_volume": 807217.5, "trend": 5.91244, "fair_value": 24.963532, "relative_strength": -17.00253, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.504574, "energy": 14.275626, "activity_lines": [ 5.605305, 5.441555, 5.250464, 5.44931 ] }, { "date": "2025-03-28", "close": 5.45, "volume": 454550, "typical_volume": 797734.1, "trend": 5.834106, "fair_value": 24.592058, "relative_strength": -12.551585, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.956653, "energy": 11.340252, "activity_lines": [ 5.529092, 5.479497, 5.269639, 5.419476 ] }, { "date": "2025-04-04", "close": 4.785, "volume": 455325, "typical_volume": 759516.25, "trend": 5.723606, "fair_value": 24.204782, "relative_strength": -14.729124, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.394731, "energy": 20.234191, "activity_lines": [ 5.277879, 5.381803, 5.227624, 5.351791 ] }, { "date": "2025-04-11", "close": 4.935, "volume": 529928, "typical_volume": 756191.25, "trend": 5.628106, "fair_value": 23.830648, "relative_strength": -11.805725, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.1645, "energy": 26.159404, "activity_lines": [ 5.114333, 5.31129, 5.204728, 5.300914 ] }, { "date": "2025-04-18", "close": 5.22, "volume": 172856, "typical_volume": 729585.45, "trend": 5.54044, "fair_value": 23.467955, "relative_strength": -9.725717, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.236497, "energy": 23.927165, "activity_lines": [ 5.096333, 5.287596, 5.211665, 5.274584 ] }, { "date": "2025-04-25", "close": 5.25, "volume": 192555, "typical_volume": 715727.85, "trend": 5.482106, "fair_value": 23.135584, "relative_strength": -11.6049, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.162909, "energy": 22.918871, "activity_lines": [ 5.130333, 5.25881, 5.223507, 5.255846 ] }, { "date": "2025-05-02", "close": 5.2, "volume": 417307, "typical_volume": 667075.85, "trend": 5.418773, "fair_value": 22.819558, "relative_strength": -13.484911, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.948917, "energy": 20.078359, "activity_lines": [ 5.154333, 5.221843, 5.230111, 5.237646 ] }, { "date": "2025-05-09", "close": 5.13, "volume": 696124, "typical_volume": 588949.9, "trend": 5.353106, "fair_value": 22.528084, "relative_strength": -13.823852, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.226421, "energy": 14.039661, "activity_lines": [ 5.171667, 5.189422, 5.229334, 5.219015 ] }, { "date": "2025-05-16", "close": 5.64, "volume": 993676, "typical_volume": 618919.05, "trend": 5.301106, "fair_value": 22.236673, "relative_strength": -8.680265, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.36525, "energy": 7.841821, "activity_lines": [ 5.336, 5.253727, 5.2747, 5.237524 ] }, { "date": "2025-05-23", "close": 6.36, "volume": 909466, "typical_volume": 634280.65, "trend": 5.293106, "fair_value": 21.938981, "relative_strength": 5.81459, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.812426, "energy": 54.076333, "activity_lines": [ 5.693333, 5.449909, 5.384542, 5.30584 ] }, { "date": "2025-05-30", "close": 6.2, "volume": 406433, "typical_volume": 622227.3, "trend": 5.304773, "fair_value": 21.665263, "relative_strength": 2.826008, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.358933, "energy": 66.735716, "activity_lines": [ 5.921333, 5.607727, 5.473384, 5.364349 ] }, { "date": "2025-06-06", "close": 6.58, "volume": 366401, "typical_volume": 605504.9, "trend": 5.32744, "fair_value": 21.387571, "relative_strength": 8.14197, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.127923, "energy": 78.256763, "activity_lines": [ 6.212667, 5.819182, 5.592511, 5.446622 ] }, { "date": "2025-06-13", "close": 5.9, "volume": 471983, "typical_volume": 598888.05, "trend": 5.330773, "fair_value": 21.118981, "relative_strength": -0.498967, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.782226, "energy": 69.446596, "activity_lines": [ 6.185333, 5.886455, 5.637639, 5.483561 ] }, { "date": "2025-06-20", "close": 5.76, "volume": 201728, "typical_volume": 588189.45, "trend": 5.33944, "fair_value": 20.874173, "relative_strength": -2.185546, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.952446, "energy": 54.513973, "activity_lines": [ 6.06, 5.908, 5.6641, 5.511254 ] }, { "date": "2025-06-27", "close": 5.84, "volume": 361887, "typical_volume": 587025.65, "trend": 5.345773, "fair_value": 20.639173, "relative_strength": -3.098863, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.780892, "energy": 33.565311, "activity_lines": [ 5.953333, 5.929091, 5.692942, 5.543548 ] }, { "date": "2025-07-04", "close": 6.06, "volume": 382890, "typical_volume": 545641.15, "trend": 5.376106, "fair_value": 20.40334, "relative_strength": 0.401848, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.793906, "energy": 23.698298, "activity_lines": [ 5.954667, 5.978909, 5.737022, 5.589627 ] }, { "date": "2025-07-11", "close": 6.09, "volume": 369792, "typical_volume": 500238.4, "trend": 5.410773, "fair_value": 20.162891, "relative_strength": -0.328115, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.641417, "energy": 24.263847, "activity_lines": [ 5.975333, 6.019455, 5.78034, 5.635685 ] }, { "date": "2025-07-18", "close": 4.955, "volume": 1155062, "typical_volume": 517271.65, "trend": 5.42194, "fair_value": 19.906834, "relative_strength": -18.269375, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.432521, "energy": 10.078884, "activity_lines": [ 5.650333, 5.837455, 5.715849, 5.60628 ] }, { "date": "2025-07-25", "close": 4.91, "volume": 630202, "typical_volume": 514685.5, "trend": 5.426273, "fair_value": 19.60818, "relative_strength": -19.874827, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.173734, "energy": 18.508922, "activity_lines": [ 5.373333, 5.650455, 5.648952, 5.573251 ] }, { "date": "2025-08-01", "close": 5.19, "volume": 603149, "typical_volume": 515931.0, "trend": 5.427606, "fair_value": 19.327667, "relative_strength": -11.896815, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.170775, "energy": 23.84699, "activity_lines": [ 5.246333, 5.527636, 5.612452, 5.558008 ] }, { "date": "2025-08-08", "close": 5.16, "volume": 523545, "typical_volume": 514742.95, "trend": 5.434273, "fair_value": 18.988949, "relative_strength": -13.599952, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.122937, "energy": 27.861719, "activity_lines": [ 5.152667, 5.420636, 5.576238, 5.540743 ] }, { "date": "2025-08-15", "close": 4.97, "volume": 285802, "typical_volume": 506305.55, "trend": 5.445273, "fair_value": 18.681064, "relative_strength": -17.110891, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.918836, "energy": 43.027185, "activity_lines": [ 5.055667, 5.298, 5.522833, 5.51079 ] }, { "date": "2025-08-22", "close": 5.0, "volume": 335131, "typical_volume": 500295.85, "trend": 5.452606, "fair_value": 18.401898, "relative_strength": -17.244932, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.332938, "energy": 41.737075, "activity_lines": [ 5.043333, 5.210091, 5.474571, 5.482063 ] }, { "date": "2025-08-29", "close": 5.06, "volume": 295505, "typical_volume": 488574.7, "trend": 5.46594, "fair_value": 18.142347, "relative_strength": -13.423144, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.220961, "energy": 41.237497, "activity_lines": [ 5.048, 5.149455, 5.431, 5.456733 ] }, { "date": "2025-09-05", "close": 5.09, "volume": 480237, "typical_volume": 503943.75, "trend": 5.48094, "fair_value": 17.895167, "relative_strength": -11.931663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.330161, "energy": 31.982441, "activity_lines": [ 5.052667, 5.107, 5.38969, 5.432479 ] }, { "date": "2025-09-12", "close": 5.11, "volume": 240622, "typical_volume": 506347.1, "trend": 5.474606, "fair_value": 17.668308, "relative_strength": -10.982254, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.912989, "energy": 28.782715, "activity_lines": [ 5.070667, 5.081818, 5.350905, 5.408547 ] }, { "date": "2025-09-19", "close": 4.745, "volume": 311307, "typical_volume": 501047.1, "trend": 5.427773, "fair_value": 17.456417, "relative_strength": -16.767434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.428315, "energy": 34.890791, "activity_lines": [ 4.970333, 5.007545, 5.278024, 5.361476 ] }, { "date": "2025-09-26", "close": 4.87, "volume": 415036, "typical_volume": 486992.7, "trend": 5.411773, "fair_value": 17.217763, "relative_strength": -13.894224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.822444, "energy": 33.361255, "activity_lines": [ 4.926667, 4.980455, 5.219214, 5.325491 ] }, { "date": "2025-10-03", "close": 4.9, "volume": 467860, "typical_volume": 460701.9, "trend": 5.385333, "fair_value": 16.975776, "relative_strength": -15.332654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.29656, "energy": 35.7527, "activity_lines": [ 4.901667, 4.960364, 5.1645, 5.292473 ] }, { "date": "2025-10-10", "close": 5.31, "volume": 489801, "typical_volume": 439718.65, "trend": 5.367333, "fair_value": 16.747314, "relative_strength": -6.860661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.159872, "energy": 22.554278, "activity_lines": [ 5.024, 5.015, 5.152357, 5.287613 ] }, { "date": "2025-10-17", "close": 5.14, "volume": 313798, "typical_volume": 435086.9, "trend": 5.360333, "fair_value": 16.531225, "relative_strength": -8.913041, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.379685, "energy": 18.053236, "activity_lines": [ 5.075, 5.036545, 5.129024, 5.272946 ] }, { "date": "2025-10-24", "close": 5.75, "volume": 778694, "typical_volume": 455701.55, "trend": 5.370333, "fair_value": 16.304943, "relative_strength": -0.787913, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.672228, "energy": 9.461457, "activity_lines": [ 5.327333, 5.169364, 5.168833, 5.298086 ] }, { "date": "2025-10-31", "close": 8.25, "volume": 2601396, "typical_volume": 562172.2, "trend": 5.485833, "fair_value": 16.112955, "relative_strength": 42.453363, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.110504, "energy": 62.850837, "activity_lines": [ 6.346, 5.742545, 5.45069, 5.483871 ] }, { "date": "2025-11-07", "close": 8.54, "volume": 1778879, "typical_volume": 641029.75, "trend": 5.606, "fair_value": 15.898468, "relative_strength": 48.17824, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 87.941847, "energy": 88.019231, "activity_lines": [ 7.236, 6.309364, 5.748976, 5.680914 ] }, { "date": "2025-11-14", "close": 10.56, "volume": 2214220, "typical_volume": 733646.4, "trend": 5.784, "fair_value": 15.702058, "relative_strength": 79.149569, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.621114, "energy": 97.231897, "activity_lines": [ 8.556667, 7.180182, 6.226405, 6.000527 ] }, { "date": "2025-11-21", "close": 12.08, "volume": 1336665, "typical_volume": 781335.15, "trend": 6.011667, "fair_value": 15.507058, "relative_strength": 105.101982, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.535623, "energy": 97.804892, "activity_lines": [ 10.034, 8.227909, 6.826119, 6.40672 ] }, { "date": "2025-11-28", "close": 11.3, "volume": 1469708, "typical_volume": 836330.95, "trend": 6.215, "fair_value": 15.323725, "relative_strength": 82.862923, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.294195, "energy": 91.937635, "activity_lines": [ 10.788667, 9.007091, 7.322881, 6.747903 ] }, { "date": "2025-12-05", "close": 11.76, "volume": 1323955, "typical_volume": 844775.6, "trend": 6.436, "fair_value": 15.141096, "relative_strength": 84.190915, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.547755, "energy": 90.968021, "activity_lines": [ 11.326667, 9.750727, 7.838643, 7.105645 ] }, { "date": "2025-12-12", "close": 11.46, "volume": 810607, "typical_volume": 853795.85, "trend": 6.63, "fair_value": 14.956225, "relative_strength": 76.709442, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.974863, "energy": 81.306612, "activity_lines": [ 11.530667, 10.314545, 8.293429, 7.429774 ] }, { "date": "2025-12-19", "close": 11.8, "volume": 1025956, "typical_volume": 874936.2, "trend": 6.811333, "fair_value": 14.773212, "relative_strength": 77.264683, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.350366, "energy": 66.526281, "activity_lines": [ 11.653333, 10.820909, 8.749405, 7.763323 ] }, { "date": "2025-12-26", "close": 11.9, "volume": 244249, "typical_volume": 860971.4, "trend": 7.001333, "fair_value": 14.582186, "relative_strength": 75.033249, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.913408, "energy": 64.630123, "activity_lines": [ 11.726667, 11.227455, 9.183429, 8.091624 ] }, { "date": "2026-01-02", "close": 13.2, "volume": 835616, "typical_volume": 888462.1, "trend": 7.222, "fair_value": 14.393725, "relative_strength": 88.153914, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.74729, "energy": 67.144864, "activity_lines": [ 12.245333, 11.747455, 9.709167, 8.491538 ] }, { "date": "2026-01-09", "close": 12.18, "volume": 893011, "typical_volume": 916356.1, "trend": 7.431333, "fair_value": 14.206738, "relative_strength": 65.381567, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.760206, "energy": 58.527606, "activity_lines": [ 12.297333, 11.946545, 10.098571, 8.811409 ] }, { "date": "2026-01-16", "close": 11.76, "volume": 721270, "typical_volume": 937644.35, "trend": 7.631333, "fair_value": 14.03084, "relative_strength": 53.785706, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.911686, "energy": 52.763825, "activity_lines": [ 12.181333, 11.997818, 10.413786, 9.090677 ] }, { "date": "2026-01-23", "close": 11.68, "volume": 600417, "typical_volume": 943653.35, "trend": 7.826, "fair_value": 13.859558, "relative_strength": 51.613636, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.372952, "energy": 48.321393, "activity_lines": [ 12.018667, 11.976, 10.689476, 9.351882 ] }, { "date": "2026-01-30", "close": 10.28, "volume": 856638, "typical_volume": 974454.15, "trend": 7.966667, "fair_value": 13.669366, "relative_strength": 31.239604, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.442662, "energy": 32.318905, "activity_lines": [ 11.397333, 11.679273, 10.800452, 9.510204 ] }, { "date": "2026-02-06", "close": 11.96, "volume": 915806, "typical_volume": 1004679.1, "trend": 8.162333, "fair_value": 13.497955, "relative_strength": 45.844934, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.124004, "energy": 29.969592, "activity_lines": [ 11.444, 11.720727, 11.04681, 9.767839 ] }, { "date": "2026-02-13", "close": 10.7, "volume": 723320, "typical_volume": 1020093.3, "trend": 8.353833, "fair_value": 13.315904, "relative_strength": 29.11144, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.564057, "energy": 21.999264, "activity_lines": [ 11.153333, 11.521091, 11.13881, 9.931559 ] }, { "date": "2026-02-20", "close": 11.36, "volume": 684359, "typical_volume": 1030918.25, "trend": 8.568833, "fair_value": 13.146738, "relative_strength": 33.191911, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.035187, "energy": 19.872249, "activity_lines": [ 11.181333, 11.460727, 11.265905, 10.125505 ] }, { "date": "2026-02-27", "close": 11.4, "volume": 539269, "typical_volume": 1033391.65, "trend": 8.775833, "fair_value": 12.965648, "relative_strength": 30.434849, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.400476, "energy": 24.230968, "activity_lines": [ 11.249333, 11.409455, 11.366048, 10.308161 ] }, { "date": "2026-03-06", "close": 10.78, "volume": 656338, "typical_volume": 1050518.65, "trend": 8.963167, "fair_value": 12.785071, "relative_strength": 29.476037, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.555969, "energy": 15.482609, "activity_lines": [ 11.129333, 11.252727, 11.378143, 10.437462 ] }, { "date": "2026-03-13", "close": 10.6, "volume": 325662, "typical_volume": 1027867.05, "trend": 9.150833, "fair_value": 12.61552, "relative_strength": 26.964827, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.43962, "energy": 13.095051, "activity_lines": [ 10.916, 11.083636, 11.346238, 10.543065 ] }, { "date": "2026-03-20", "close": 9.2, "volume": 857184, "typical_volume": 940656.45, "trend": 9.290833, "fair_value": 12.435712, "relative_strength": 15.178475, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.637576, "energy": 14.547503, "activity_lines": [ 10.326667, 10.707273, 11.157905, 10.546237 ] }, { "date": "2026-03-27", "close": 9.72, "volume": 981502, "typical_volume": 900787.6, "trend": 9.446167, "fair_value": 12.251225, "relative_strength": 20.680427, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.816543, "energy": 17.057752, "activity_lines": [ 10.010667, 10.479636, 11.014571, 10.573925 ] }, { "date": "2026-04-03", "close": 10.14, "volume": 590254, "typical_volume": 819589.3, "trend": 9.6145, "fair_value": 12.073917, "relative_strength": 20.481524, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.016436, "energy": 18.20086, "activity_lines": [ 9.944, 10.365455, 10.905619, 10.618688 ] }, { "date": "2026-04-10", "close": 9.75, "volume": 569683, "typical_volume": 781240.2, "trend": 9.769167, "fair_value": 11.894109, "relative_strength": 9.75537, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.664752, "energy": 20.517455, "activity_lines": [ 9.831333, 10.208364, 10.761524, 10.62743 ] }, { "date": "2026-04-17", "close": 12.5, "volume": 902931, "typical_volume": 752901.35, "trend": 10.027667, "fair_value": 11.730007, "relative_strength": 35.950953, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.740691, "energy": 17.863257, "activity_lines": [ 10.704, 10.560909, 10.890429, 10.803613 ] }, { "date": "2026-04-24", "close": 12.9, "volume": 761450, "typical_volume": 724776.1, "trend": 10.295333, "fair_value": 11.583212, "relative_strength": 42.080211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.303656, "energy": 32.383658, "activity_lines": [ 11.583333, 10.976364, 11.051714, 10.988925 ] }, { "date": "2026-05-01", "close": 13.98, "volume": 1419896, "typical_volume": 755240.55, "trend": 10.598, "fair_value": 11.43725, "relative_strength": 53.54028, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 70.938263, "energy": 55.344823, "activity_lines": [ 12.576, 11.548182, 11.310429, 11.226645 ] }, { "date": "2026-05-08", "close": 16.459999, "volume": 1424224, "typical_volume": 775153.95, "trend": 10.969667, "fair_value": 11.317122, "relative_strength": 76.286148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.608518, "energy": 84.574192, "activity_lines": [ 14.111333, 12.523273, 11.793333, 11.604839 ] }, { "date": "2026-05-15", "close": 14.54, "volume": 845732, "typical_volume": 805228.1, "trend": 11.283, "fair_value": 11.152635, "relative_strength": 55.108281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.281764, "energy": 78.784772, "activity_lines": [ 14.585333, 13.057273, 12.07119, 11.835183 ] }, { "date": "2026-05-22", "close": 14.82, "volume": 952178, "typical_volume": 811056.2, "trend": 11.585333, "fair_value": 11.023917, "relative_strength": 50.570826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.773069, "energy": 79.152963, "activity_lines": [ 14.833333, 13.573818, 12.363143, 12.063376 ] }, { "date": "2026-05-29", "close": 21.6, "volume": 14769048, "typical_volume": 1504858.05, "trend": 12.030333, "fair_value": 10.94443, "relative_strength": 114.224584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.65639, "energy": 89.36916, "activity_lines": [ 17.186667, 15.246364, 13.293095, 12.709484 ] }, { "date": "2026-06-05", "close": 23.65, "volume": 626831, "typical_volume": 1500136.1, "trend": 12.534, "fair_value": 10.880968, "relative_strength": 129.35335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.080295, "energy": 94.005371, "activity_lines": [ 19.643333, 17.066182, 14.373428, 13.45914 ] }, { "date": "2026-06-12", "close": 19.440001, "volume": 261993, "typical_volume": 1483214.9, "trend": 12.83, "fair_value": 10.82802, "relative_strength": 84.572378, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.449674, "energy": 79.214329, "activity_lines": [ 20.052, 17.867273, 14.99619, 13.904688 ] }, { "date": "2026-06-19", "close": 17.4, "volume": 1425705, "typical_volume": 1511668.25, "trend": 13.007333, "fair_value": 10.770327, "relative_strength": 59.001332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.468219, "energy": 65.225708, "activity_lines": [ 19.582, 18.128364, 15.387714, 14.199527 ] }, { "date": "2026-06-26", "close": 16.82, "volume": 315996, "typical_volume": 1481677.75, "trend": 13.191333, "fair_value": 10.693212, "relative_strength": 52.367917, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.305021, "energy": 50.081456, "activity_lines": [ 18.728, 18.144909, 15.690095, 14.445505 ] }, { "date": "2026-07-03", "close": 16.219999, "volume": 107497, "typical_volume": 1450886.6, "trend": 13.34, "fair_value": 10.603276, "relative_strength": 40.705601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.348811, "energy": 28.079675, "activity_lines": [ 17.540666, 17.973818, 15.91219, 14.640903 ] }, { "date": "2026-07-10", "close": 17.700001, "volume": 839798, "typical_volume": 1458658.55, "trend": 13.548, "fair_value": 10.509045, "relative_strength": 54.236066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.3552, "energy": 22.744842, "activity_lines": [ 17.205333, 18.011455, 16.248952, 14.922194 ] }, { "date": "2026-07-17", "close": 14.9, "volume": 1688474, "typical_volume": 1516118.8, "trend": 13.651333, "fair_value": 10.439494, "relative_strength": 29.190743, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.884826, "energy": 21.828271, "activity_lines": [ 16.333333, 17.472364, 16.288857, 15.009419 ] }, { "date": "2026-07-24", "close": 16.1, "volume": 613858, "typical_volume": 1513994.8, "trend": 13.791333, "fair_value": 10.375712, "relative_strength": 35.065964, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.029491, "energy": 19.872747, "activity_lines": [ 16.164, 17.179818, 16.426381, 15.167398 ] }, { "date": "2026-07-31", "close": 16.219999, "volume": 654292, "typical_volume": 1530426.3, "trend": 13.892, "fair_value": 10.320712, "relative_strength": 32.081129, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.455012, "energy": 16.707888, "activity_lines": [ 16.121333, 16.880727, 16.55, 15.324086 ] }, { "date": "2026-08-07", "close": 17.0, "volume": 646352, "typical_volume": 1519884.7, "trend": 14.052667, "fair_value": 10.253084, "relative_strength": 33.559503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.356434, "energy": 13.513797, "activity_lines": [ 16.378666, 16.698, 16.721143, 15.524602 ] } ], "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." } } }