{ "ticker": { "uuid": "46b8ba46-231c-45cf-ac63-5d3c42df107b", "symbol": "ALYA", "name": "Alithya Group Inc.", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -27.046, "architecture_energy": 21.276, "architecture_maturity": 100.0, "architecture_confidence": 79.943, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 30.16, "rotation_up": 30.56, "upward_expansion": 19.84, "deceleration": 44.16, "rotation_down": 24.04, "downward_expansion": 60.67 }, "activity_lines": [ 1.125333, 1.075455, 1.136381, 1.201871 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 1.25, "trend_reference": 1.305, "distance_from_trend": -0.042146, "trend_direction": "Weakening", "fair_value": 1.784167, "distance_from_fair_value": -0.299393, "fair_value_direction": "Weakening", "relative_strength": -26.803923, "relative_strength_direction": "Improving", "price_momentum": -0.237805, "excess_performance": -0.358226, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.042146, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.141447, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.299393, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.013921, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.268039, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.064532, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.237805, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.489073, "read": "Demand-led" } ], "volume": { "latest": 424600, "relative_activity": 2.084284, "balance": 1.489073, "dry_up": 1.82878, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.078769, "annualized_volatility": 0.476517, "from_high_reference": -0.517375, "from_low_reference": 0.329787 }, "levels": { "trend_reference": 1.305, "fair_value_reference": 1.784167, "structural_low": 0.94, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 33, "median_return": -0.016667, "positive_rate": 0.393939, "directional_follow_through": 0.545455, "median_excess_return": -0.027105, "regime_survival": 0.848485, "best_return": 0.315152, "worst_return": -0.165803, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.021942, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.10152, "regime_survival": 0.666667, "best_return": 0.145455, "worst_return": -0.176829, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.022641, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.037312, "regime_survival": 0.5, "best_return": 0.098446, "worst_return": -0.359621, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.104658, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.274467, "regime_survival": 1.0, "best_return": 0.098684, "worst_return": -0.381098, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-19", "end": "2024-07-26", "tenure": "Established", "return": -0.039409, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": 0.021739, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2025-02-07", "tenure": "Established", "return": -0.057471, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-02-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": -0.129032, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": -0.057895, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-06-13", "tenure": "Developing", "return": 0.280702, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-08-15", "tenure": "Developing", "return": -0.133333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": -0.12234, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-12", "end": "2025-10-17", "tenure": "Developing", "return": 0.134969, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.072917, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2025-12-19", "tenure": "Developing", "return": 0.054545, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-16", "end": "2026-08-07", "tenure": "Extended", "return": -0.246988, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.42, "volume": 117900, "typical_volume": 127915.0, "trend": 2.467333, "fair_value": 2.937756, "relative_strength": -0.826856, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.406945, "energy": 9.874701, "activity_lines": [ 2.435333, 2.400909, 2.399619, 2.44172 ] }, { "date": "2023-08-25", "close": 2.31, "volume": 77000, "typical_volume": 127835.0, "trend": 2.464333, "fair_value": 2.936154, "relative_strength": -5.055398, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.387267, "energy": 16.267891, "activity_lines": [ 2.392667, 2.393818, 2.386714, 2.43157 ] }, { "date": "2023-09-01", "close": 2.33, "volume": 80800, "typical_volume": 124660.0, "trend": 2.463, "fair_value": 2.934487, "relative_strength": -7.121935, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.532701, "energy": 17.114181, "activity_lines": [ 2.366, 2.388364, 2.377286, 2.422903 ] }, { "date": "2023-09-08", "close": 2.31, "volume": 55300, "typical_volume": 123745.0, "trend": 2.462333, "fair_value": 2.931859, "relative_strength": -5.417571, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.550285, "energy": 31.210282, "activity_lines": [ 2.342667, 2.376727, 2.368333, 2.413032 ] }, { "date": "2023-09-15", "close": 2.59, "volume": 202000, "typical_volume": 126905.0, "trend": 2.472, "fair_value": 2.930513, "relative_strength": 3.412536, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.474819, "energy": 3.629589, "activity_lines": [ 2.414667, 2.413455, 2.387714, 2.421269 ] }, { "date": "2023-09-22", "close": 2.34, "volume": 105900, "typical_volume": 127000.0, "trend": 2.471333, "fair_value": 2.927115, "relative_strength": -2.277897, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.70216, "energy": 14.809571, "activity_lines": [ 2.397333, 2.398, 2.382714, 2.412753 ] }, { "date": "2023-09-29", "close": 2.05, "volume": 178000, "typical_volume": 128495.0, "trend": 2.457, "fair_value": 2.919359, "relative_strength": -12.783312, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.256116, "energy": 43.819563, "activity_lines": [ 2.288667, 2.333091, 2.350762, 2.38557 ] }, { "date": "2023-10-06", "close": 2.23, "volume": 74100, "typical_volume": 130630.0, "trend": 2.439667, "fair_value": 2.911026, "relative_strength": -3.373415, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.458759, "energy": 35.075131, "activity_lines": [ 2.257333, 2.308182, 2.338238, 2.370925 ] }, { "date": "2023-10-13", "close": 2.33, "volume": 68600, "typical_volume": 132185.0, "trend": 2.428667, "fair_value": 2.901731, "relative_strength": 0.208625, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.039566, "energy": 44.553214, "activity_lines": [ 2.266, 2.306, 2.336667, 2.363849 ] }, { "date": "2023-10-20", "close": 2.04, "volume": 168900, "typical_volume": 136315.0, "trend": 2.404667, "fair_value": 2.893333, "relative_strength": -10.319745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.81981, "energy": 63.873894, "activity_lines": [ 2.176667, 2.251273, 2.307952, 2.338774 ] }, { "date": "2023-10-27", "close": 1.93, "volume": 105700, "typical_volume": 119300.0, "trend": 2.379, "fair_value": 2.884808, "relative_strength": -13.115241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.815417, "energy": 67.248987, "activity_lines": [ 2.087333, 2.184909, 2.270571, 2.308151 ] }, { "date": "2023-11-03", "close": 1.85, "volume": 167500, "typical_volume": 112780.0, "trend": 2.352667, "fair_value": 2.875449, "relative_strength": -20.93903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.551425, "energy": 76.095651, "activity_lines": [ 1.998667, 2.112909, 2.227952, 2.274022 ] }, { "date": "2023-11-10", "close": 1.8, "volume": 261700, "typical_volume": 120130.0, "trend": 2.318333, "fair_value": 2.865321, "relative_strength": -22.037425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.2237, "energy": 82.167627, "activity_lines": [ 1.906667, 2.040182, 2.182238, 2.238366 ] }, { "date": "2023-11-17", "close": 1.66, "volume": 233000, "typical_volume": 123440.0, "trend": 2.285, "fair_value": 2.854359, "relative_strength": -29.510707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.730539, "energy": 86.616488, "activity_lines": [ 1.796667, 1.951636, 2.125048, 2.195892 ] }, { "date": "2023-11-24", "close": 1.61, "volume": 306400, "typical_volume": 136535.0, "trend": 2.256333, "fair_value": 2.843654, "relative_strength": -31.003221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.802878, "energy": 88.57625, "activity_lines": [ 1.714667, 1.865818, 2.065524, 2.152344 ] }, { "date": "2023-12-01", "close": 1.5, "volume": 210300, "typical_volume": 140915.0, "trend": 2.223667, "fair_value": 2.833205, "relative_strength": -36.396133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.213251, "energy": 91.344286, "activity_lines": [ 1.624667, 1.777818, 1.998429, 2.103548 ] }, { "date": "2023-12-08", "close": 1.39, "volume": 237800, "typical_volume": 145365.0, "trend": 2.185667, "fair_value": 2.823013, "relative_strength": -40.311089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.474584, "energy": 91.872278, "activity_lines": [ 1.526667, 1.685091, 1.925714, 2.049763 ] }, { "date": "2023-12-15", "close": 1.5, "volume": 758900, "typical_volume": 179685.0, "trend": 2.151333, "fair_value": 2.814038, "relative_strength": -35.797916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.522882, "energy": 84.479547, "activity_lines": [ 1.496, 1.624364, 1.868524, 2.005527 ] }, { "date": "2023-12-22", "close": 1.52, "volume": 273100, "typical_volume": 189475.0, "trend": 2.121, "fair_value": 2.805962, "relative_strength": -35.698785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.892566, "energy": 78.502817, "activity_lines": [ 1.492, 1.580545, 1.817905, 1.964796 ] }, { "date": "2023-12-29", "close": 1.76, "volume": 336300, "typical_volume": 200960.0, "trend": 2.099, "fair_value": 2.799936, "relative_strength": -25.557881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.282694, "energy": 57.174556, "activity_lines": [ 1.577333, 1.595091, 1.794048, 1.941505 ] }, { "date": "2024-01-05", "close": 1.78, "volume": 66000, "typical_volume": 198365.0, "trend": 2.077333, "fair_value": 2.793333, "relative_strength": -24.307973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.36181, "energy": 39.30123, "activity_lines": [ 1.659333, 1.618364, 1.775619, 1.920925 ] }, { "date": "2024-01-12", "close": 1.98, "volume": 140800, "typical_volume": 201555.0, "trend": 2.07, "fair_value": 2.785705, "relative_strength": -15.667131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.641528, "energy": 26.263792, "activity_lines": [ 1.789333, 1.680727, 1.779286, 1.914645 ] }, { "date": "2024-01-19", "close": 1.99, "volume": 107000, "typical_volume": 202865.0, "trend": 2.063333, "fair_value": 2.779231, "relative_strength": -14.580706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.605662, "energy": 29.023013, "activity_lines": [ 1.883333, 1.742545, 1.785476, 1.909484 ] }, { "date": "2024-01-26", "close": 1.9, "volume": 115300, "typical_volume": 205865.0, "trend": 2.054333, "fair_value": 2.771154, "relative_strength": -18.925913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.990119, "energy": 29.940713, "activity_lines": [ 1.914667, 1.784545, 1.784714, 1.898946 ] }, { "date": "2024-02-02", "close": 1.7, "volume": 445600, "typical_volume": 218045.0, "trend": 2.037, "fair_value": 2.760577, "relative_strength": -26.896613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.702734, "energy": 23.579049, "activity_lines": [ 1.854, 1.785818, 1.766857, 1.876086 ] }, { "date": "2024-02-09", "close": 1.54, "volume": 420700, "typical_volume": 233785.0, "trend": 2.004333, "fair_value": 2.749038, "relative_strength": -33.075204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.363431, "energy": 26.226188, "activity_lines": [ 1.744, 1.756364, 1.738, 1.844022 ] }, { "date": "2024-02-16", "close": 1.92, "volume": 361400, "typical_volume": 242955.0, "trend": 1.986667, "fair_value": 2.739936, "relative_strength": -17.210321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.102268, "energy": 16.293788, "activity_lines": [ 1.776667, 1.795273, 1.749143, 1.838581 ] }, { "date": "2024-02-23", "close": 1.9, "volume": 100100, "typical_volume": 244255.0, "trend": 1.967333, "fair_value": 2.733782, "relative_strength": -18.27249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.722713, "energy": 15.257923, "activity_lines": [ 1.806667, 1.820909, 1.759, 1.832989 ] }, { "date": "2024-03-01", "close": 1.96, "volume": 131100, "typical_volume": 247380.0, "trend": 1.954667, "fair_value": 2.728462, "relative_strength": -15.79533, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.907489, "energy": 5.355414, "activity_lines": [ 1.862667, 1.850182, 1.776143, 1.832516 ] }, { "date": "2024-03-08", "close": 1.99, "volume": 88100, "typical_volume": 243340.0, "trend": 1.937667, "fair_value": 2.721987, "relative_strength": -14.511139, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.943777, "energy": 17.466822, "activity_lines": [ 1.924667, 1.876909, 1.797905, 1.834796 ] }, { "date": "2024-03-15", "close": 2.08, "volume": 118500, "typical_volume": 243980.0, "trend": 1.926333, "fair_value": 2.715513, "relative_strength": -10.425971, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.760757, "energy": 42.298121, "activity_lines": [ 1.997333, 1.915818, 1.828476, 1.843978 ] }, { "date": "2024-03-22", "close": 2.15, "volume": 195500, "typical_volume": 245380.0, "trend": 1.921, "fair_value": 2.708269, "relative_strength": -7.245669, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.906944, "energy": 53.576578, "activity_lines": [ 2.057333, 1.962, 1.865, 1.858409 ] }, { "date": "2024-03-29", "close": 2.09, "volume": 100600, "typical_volume": 237325.0, "trend": 1.913, "fair_value": 2.701154, "relative_strength": -9.920201, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.139538, "energy": 52.508143, "activity_lines": [ 2.082, 1.994182, 1.894381, 1.869312 ] }, { "date": "2024-04-05", "close": 2.02, "volume": 81300, "typical_volume": 229740.0, "trend": 1.903333, "fair_value": 2.695385, "relative_strength": -12.676553, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.749829, "energy": 44.188811, "activity_lines": [ 2.070667, 2.011818, 1.915714, 1.876215 ] }, { "date": "2024-04-12", "close": 2.02, "volume": 80200, "typical_volume": 218430.0, "trend": 1.884333, "fair_value": 2.690577, "relative_strength": -10.47331, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.746444, "energy": 30.062821, "activity_lines": [ 2.055333, 2.027273, 1.935333, 1.883742 ] }, { "date": "2024-04-19", "close": 2.03, "volume": 70800, "typical_volume": 211455.0, "trend": 1.874, "fair_value": 2.685833, "relative_strength": -9.046118, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.684193, "energy": 30.745802, "activity_lines": [ 2.041333, 2.038727, 1.953952, 1.89314 ] }, { "date": "2024-04-26", "close": 2.12, "volume": 118400, "typical_volume": 205485.0, "trend": 1.876333, "fair_value": 2.681795, "relative_strength": -5.300556, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.809293, "energy": 32.248711, "activity_lines": [ 2.060667, 2.057636, 1.978619, 1.909011 ] }, { "date": "2024-05-03", "close": 2.11, "volume": 71900, "typical_volume": 171135.0, "trend": 1.872333, "fair_value": 2.677244, "relative_strength": -5.213777, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.919956, "energy": 34.959053, "activity_lines": [ 2.078667, 2.071091, 1.998857, 1.924086 ] }, { "date": "2024-05-10", "close": 2.14, "volume": 53600, "typical_volume": 160160.0, "trend": 1.866, "fair_value": 2.673141, "relative_strength": -4.919575, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.664367, "energy": 45.775403, "activity_lines": [ 2.105333, 2.086182, 2.019048, 1.941355 ] }, { "date": "2024-05-17", "close": 2.16, "volume": 73200, "typical_volume": 147005.0, "trend": 1.87, "fair_value": 2.670321, "relative_strength": -4.185039, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.786233, "energy": 64.893856, "activity_lines": [ 2.130667, 2.101636, 2.03819, 1.960323 ] }, { "date": "2024-05-24", "close": 2.1, "volume": 61000, "typical_volume": 146755.0, "trend": 1.875667, "fair_value": 2.6675, "relative_strength": -5.73945, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.708411, "energy": 60.268882, "activity_lines": [ 2.126667, 2.103091, 2.049714, 1.975161 ] }, { "date": "2024-05-31", "close": 2.09, "volume": 64000, "typical_volume": 142915.0, "trend": 1.883667, "fair_value": 2.659808, "relative_strength": -5.478388, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.638885, "energy": 48.136744, "activity_lines": [ 2.114667, 2.102364, 2.058762, 1.988989 ] }, { "date": "2024-06-07", "close": 2.11, "volume": 157200, "typical_volume": 145425.0, "trend": 1.894, "fair_value": 2.652628, "relative_strength": -2.943349, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.749943, "energy": 36.046602, "activity_lines": [ 2.111333, 2.106364, 2.06919, 2.003591 ] }, { "date": "2024-06-14", "close": 2.21, "volume": 251400, "typical_volume": 152230.0, "trend": 1.912333, "fair_value": 2.644679, "relative_strength": 3.546191, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.959945, "energy": 41.153784, "activity_lines": [ 2.141333, 2.128182, 2.088571, 2.023978 ] }, { "date": "2024-06-21", "close": 2.1, "volume": 233200, "typical_volume": 141610.0, "trend": 1.928667, "fair_value": 2.636603, "relative_strength": -0.926733, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.673077, "energy": 34.492623, "activity_lines": [ 2.13, 2.126545, 2.096, 2.036086 ] }, { "date": "2024-06-28", "close": 2.14, "volume": 98700, "typical_volume": 125510.0, "trend": 1.95, "fair_value": 2.628205, "relative_strength": -0.328852, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.013673, "energy": 36.382152, "activity_lines": [ 2.136, 2.130727, 2.105333, 2.04972 ] }, { "date": "2024-07-05", "close": 1.99, "volume": 63200, "typical_volume": 110600.0, "trend": 1.97, "fair_value": 2.617949, "relative_strength": -7.69181, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.92114, "energy": 15.281311, "activity_lines": [ 2.089333, 2.105636, 2.097524, 2.052301 ] }, { "date": "2024-07-12", "close": 2.03, "volume": 56800, "typical_volume": 108435.0, "trend": 1.987667, "fair_value": 2.607051, "relative_strength": -7.756043, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.070922, "energy": 11.819668, "activity_lines": [ 2.062667, 2.090182, 2.09319, 2.056172 ] }, { "date": "2024-07-19", "close": 1.97, "volume": 103500, "typical_volume": 107055.0, "trend": 2.002667, "fair_value": 2.594744, "relative_strength": -9.970929, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -2.996446, "energy": 16.323366, "activity_lines": [ 2.021333, 2.065273, 2.082524, 2.055032 ] }, { "date": "2024-07-26", "close": 1.95, "volume": 118600, "typical_volume": 108580.0, "trend": 2.009, "fair_value": 2.582821, "relative_strength": -10.740909, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -25.443095, "energy": 29.778848, "activity_lines": [ 1.989333, 2.039818, 2.069905, 2.051634 ] }, { "date": "2024-08-02", "close": 1.84, "volume": 225800, "typical_volume": 113945.0, "trend": 2.011, "fair_value": 2.572308, "relative_strength": -12.976822, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.344414, "energy": 52.774696, "activity_lines": [ 1.930667, 1.998182, 2.047, 2.040731 ] }, { "date": "2024-08-09", "close": 1.85, "volume": 117900, "typical_volume": 110065.0, "trend": 2.006667, "fair_value": 2.562628, "relative_strength": -12.128893, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.783626, "energy": 61.471264, "activity_lines": [ 1.895333, 1.963091, 2.02619, 2.030344 ] }, { "date": "2024-08-16", "close": 1.94, "volume": 119000, "typical_volume": 110985.0, "trend": 2.005, "fair_value": 2.553397, "relative_strength": -10.129682, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.123836, "energy": 48.175737, "activity_lines": [ 1.899333, 1.948727, 2.015381, 2.026043 ] }, { "date": "2024-08-23", "close": 1.83, "volume": 112200, "typical_volume": 112530.0, "trend": 2.002667, "fair_value": 2.542436, "relative_strength": -15.410307, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.834046, "energy": 50.429832, "activity_lines": [ 1.872667, 1.917455, 1.99481, 2.014753 ] }, { "date": "2024-08-30", "close": 1.88, "volume": 105900, "typical_volume": 113815.0, "trend": 2.008667, "fair_value": 2.531346, "relative_strength": -12.728847, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.066787, "energy": 39.603599, "activity_lines": [ 1.872, 1.902182, 1.979905, 2.006839 ] }, { "date": "2024-09-06", "close": 1.74, "volume": 106400, "typical_volume": 115595.0, "trend": 2.015333, "fair_value": 2.521154, "relative_strength": -16.552331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.829601, "energy": 46.008385, "activity_lines": [ 1.829333, 1.865455, 1.952333, 1.989505 ] }, { "date": "2024-09-13", "close": 1.74, "volume": 267000, "typical_volume": 123025.0, "trend": 2.009333, "fair_value": 2.51, "relative_strength": -18.452919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.079478, "energy": 62.266351, "activity_lines": [ 1.793333, 1.836, 1.926143, 1.971742 ] }, { "date": "2024-09-20", "close": 1.69, "volume": 391500, "typical_volume": 139005.0, "trend": 2.002333, "fair_value": 2.499423, "relative_strength": -20.990378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.231256, "energy": 69.043821, "activity_lines": [ 1.748, 1.802, 1.897, 1.95114 ] }, { "date": "2024-09-27", "close": 1.76, "volume": 142100, "typical_volume": 143430.0, "trend": 1.995667, "fair_value": 2.489872, "relative_strength": -17.468037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.616318, "energy": 65.266638, "activity_lines": [ 1.742667, 1.786909, 1.876524, 1.935505 ] }, { "date": "2024-10-04", "close": 1.74, "volume": 75700, "typical_volume": 143555.0, "trend": 1.987333, "fair_value": 2.478718, "relative_strength": -18.327711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.4892, "energy": 59.303815, "activity_lines": [ 1.735333, 1.772, 1.855952, 1.919011 ] }, { "date": "2024-10-11", "close": 1.75, "volume": 87100, "typical_volume": 144860.0, "trend": 1.976333, "fair_value": 2.466859, "relative_strength": -18.031768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.72796, "energy": 44.037684, "activity_lines": [ 1.740667, 1.762727, 1.838333, 1.903699 ] }, { "date": "2024-10-18", "close": 1.81, "volume": 68200, "typical_volume": 145070.0, "trend": 1.965, "fair_value": 2.455513, "relative_strength": -15.793868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.280715, "energy": 34.107733, "activity_lines": [ 1.765333, 1.766, 1.828095, 1.892968 ] }, { "date": "2024-10-25", "close": 1.87, "volume": 130300, "typical_volume": 143725.0, "trend": 1.957667, "fair_value": 2.445577, "relative_strength": -11.202724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.617536, "energy": 23.305337, "activity_lines": [ 1.805333, 1.780909, 1.824905, 1.886839 ] }, { "date": "2024-11-01", "close": 1.81, "volume": 76200, "typical_volume": 134965.0, "trend": 1.950667, "fair_value": 2.435321, "relative_strength": -12.949481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.269994, "energy": 19.11646, "activity_lines": [ 1.813333, 1.786182, 1.817143, 1.877312 ] }, { "date": "2024-11-08", "close": 1.6, "volume": 158800, "typical_volume": 131245.0, "trend": 1.936667, "fair_value": 2.422372, "relative_strength": -24.157592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.452138, "energy": 37.516782, "activity_lines": [ 1.748, 1.753636, 1.791286, 1.854688 ] }, { "date": "2024-11-15", "close": 1.68, "volume": 115500, "typical_volume": 132085.0, "trend": 1.925, "fair_value": 2.411474, "relative_strength": -20.520384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.644816, "energy": 39.23895, "activity_lines": [ 1.718667, 1.740727, 1.775429, 1.838129 ] }, { "date": "2024-11-22", "close": 1.68, "volume": 172300, "typical_volume": 137540.0, "trend": 1.910333, "fair_value": 2.401603, "relative_strength": -22.0013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.939109, "energy": 49.576573, "activity_lines": [ 1.694, 1.728909, 1.761762, 1.822323 ] }, { "date": "2024-11-29", "close": 1.61, "volume": 86400, "typical_volume": 139020.0, "trend": 1.893667, "fair_value": 2.391859, "relative_strength": -25.666476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.625495, "energy": 66.356777, "activity_lines": [ 1.654667, 1.705455, 1.742905, 1.802946 ] }, { "date": "2024-12-06", "close": 1.65, "volume": 211000, "typical_volume": 144395.0, "trend": 1.877333, "fair_value": 2.381923, "relative_strength": -23.877721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.170372, "energy": 58.722735, "activity_lines": [ 1.646, 1.690727, 1.729857, 1.787226 ] }, { "date": "2024-12-13", "close": 1.76, "volume": 333700, "typical_volume": 155150.0, "trend": 1.864, "fair_value": 2.372821, "relative_strength": -17.397033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.803853, "energy": 35.126335, "activity_lines": [ 1.684667, 1.698, 1.72881, 1.779656 ] }, { "date": "2024-12-20", "close": 1.67, "volume": 221500, "typical_volume": 154935.0, "trend": 1.849667, "fair_value": 2.3625, "relative_strength": -19.380787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.527629, "energy": 32.639752, "activity_lines": [ 1.682667, 1.688545, 1.720095, 1.76714 ] }, { "date": "2024-12-27", "close": 1.65, "volume": 75600, "typical_volume": 152820.0, "trend": 1.835, "fair_value": 2.352308, "relative_strength": -20.662915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.598877, "energy": 30.094787, "activity_lines": [ 1.674667, 1.676909, 1.710286, 1.754258 ] }, { "date": "2025-01-03", "close": 1.61, "volume": 157500, "typical_volume": 154745.0, "trend": 1.818333, "fair_value": 2.342051, "relative_strength": -23.07485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.902405, "energy": 31.422151, "activity_lines": [ 1.655333, 1.660909, 1.697619, 1.739742 ] }, { "date": "2025-01-10", "close": 1.63, "volume": 107500, "typical_volume": 154510.0, "trend": 1.799, "fair_value": 2.332115, "relative_strength": -20.636251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.990839, "energy": 33.808449, "activity_lines": [ 1.642667, 1.653273, 1.688429, 1.727591 ] }, { "date": "2025-01-17", "close": 1.63, "volume": 175800, "typical_volume": 158005.0, "trend": 1.783333, "fair_value": 2.321987, "relative_strength": -21.034316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.888356, "energy": 33.053017, "activity_lines": [ 1.631333, 1.648909, 1.68019, 1.716688 ] }, { "date": "2025-01-24", "close": 1.65, "volume": 75400, "typical_volume": 156455.0, "trend": 1.767, "fair_value": 2.313333, "relative_strength": -20.857805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.328982, "energy": 30.533585, "activity_lines": [ 1.635333, 1.647636, 1.675048, 1.708086 ] }, { "date": "2025-01-31", "close": 1.66, "volume": 180700, "typical_volume": 152140.0, "trend": 1.756, "fair_value": 2.300769, "relative_strength": -20.287246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.560734, "energy": 25.353512, "activity_lines": [ 1.644, 1.648727, 1.671286, 1.701183 ] }, { "date": "2025-02-07", "close": 1.64, "volume": 206500, "typical_volume": 142890.0, "trend": 1.743, "fair_value": 2.2875, "relative_strength": -20.803343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.450147, "energy": 23.629575, "activity_lines": [ 1.645333, 1.646545, 1.666, 1.693699 ] }, { "date": "2025-02-14", "close": 1.89, "volume": 224400, "typical_volume": 147005.0, "trend": 1.740333, "fair_value": 2.276154, "relative_strength": -8.525683, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.043319, "energy": 11.39134, "activity_lines": [ 1.728, 1.689273, 1.684762, 1.703183 ] }, { "date": "2025-02-21", "close": 2.17, "volume": 448200, "typical_volume": 165630.0, "trend": 1.747667, "fair_value": 2.266667, "relative_strength": 6.491771, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.444216, "energy": 56.67841, "activity_lines": [ 1.886667, 1.778545, 1.729571, 1.730903 ] }, { "date": "2025-02-28", "close": 2.12, "volume": 241000, "typical_volume": 173325.0, "trend": 1.757, "fair_value": 2.257051, "relative_strength": 3.210734, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.412334, "energy": 71.258826, "activity_lines": [ 1.992667, 1.851273, 1.767571, 1.754925 ] }, { "date": "2025-03-07", "close": 1.89, "volume": 125800, "typical_volume": 176205.0, "trend": 1.758333, "fair_value": 2.247564, "relative_strength": -5.285364, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.222982, "energy": 72.402537, "activity_lines": [ 1.990667, 1.874, 1.781905, 1.763505 ] }, { "date": "2025-03-14", "close": 1.9, "volume": 71700, "typical_volume": 173275.0, "trend": 1.757, "fair_value": 2.237692, "relative_strength": -3.577822, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.484402, "energy": 70.016731, "activity_lines": [ 1.976667, 1.894182, 1.79681, 1.772645 ] }, { "date": "2025-03-21", "close": 1.95, "volume": 67600, "typical_volume": 172845.0, "trend": 1.761, "fair_value": 2.228718, "relative_strength": -2.224041, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.824117, "energy": 46.974234, "activity_lines": [ 1.962, 1.918182, 1.816333, 1.785097 ] }, { "date": "2025-03-28", "close": 1.75, "volume": 94300, "typical_volume": 169620.0, "trend": 1.756667, "fair_value": 2.219423, "relative_strength": -11.004831, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.751586, "energy": 17.087205, "activity_lines": [ 1.876667, 1.9, 1.816143, 1.784387 ] }, { "date": "2025-04-04", "close": 1.55, "volume": 122300, "typical_volume": 169960.0, "trend": 1.750333, "fair_value": 2.209808, "relative_strength": -15.364835, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 1.059886, "energy": 14.387284, "activity_lines": [ 1.752667, 1.843273, 1.79619, 1.771054 ] }, { "date": "2025-04-11", "close": 1.62, "volume": 157800, "typical_volume": 169235.0, "trend": 1.746333, "fair_value": 2.199872, "relative_strength": -12.519367, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -12.507437, "energy": 23.132596, "activity_lines": [ 1.69, 1.801091, 1.783524, 1.762645 ] }, { "date": "2025-04-18", "close": 1.79, "volume": 143800, "typical_volume": 172105.0, "trend": 1.749667, "fair_value": 2.191987, "relative_strength": -5.313569, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -4.329918, "energy": 19.307607, "activity_lines": [ 1.702, 1.790545, 1.787333, 1.765462 ] }, { "date": "2025-04-25", "close": 1.71, "volume": 48400, "typical_volume": 163975.0, "trend": 1.748, "fair_value": 2.184103, "relative_strength": -10.841476, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.435214, "energy": 20.407583, "activity_lines": [ 1.694667, 1.762727, 1.782667, 1.762903 ] }, { "date": "2025-05-02", "close": 1.79, "volume": 52600, "typical_volume": 149920.0, "trend": 1.749667, "fair_value": 2.177628, "relative_strength": -7.301489, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.010598, "energy": 9.038517, "activity_lines": [ 1.73, 1.752727, 1.785333, 1.765613 ] }, { "date": "2025-05-09", "close": 1.81, "volume": 183400, "typical_volume": 148015.0, "trend": 1.751667, "fair_value": 2.171987, "relative_strength": -6.901843, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.459784, "energy": 12.956762, "activity_lines": [ 1.769333, 1.753273, 1.789762, 1.769505 ] }, { "date": "2025-05-16", "close": 1.84, "volume": 57900, "typical_volume": 147130.0, "trend": 1.752667, "fair_value": 2.166795, "relative_strength": -7.006751, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.769873, "energy": 17.626695, "activity_lines": [ 1.801333, 1.764909, 1.796381, 1.775204 ] }, { "date": "2025-05-23", "close": 1.74, "volume": 50500, "typical_volume": 141780.0, "trend": 1.748333, "fair_value": 2.159872, "relative_strength": -11.146265, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.097219, "energy": 16.095376, "activity_lines": [ 1.785333, 1.759273, 1.792571, 1.774387 ] }, { "date": "2025-05-30", "close": 1.71, "volume": 62400, "typical_volume": 139525.0, "trend": 1.745, "fair_value": 2.150962, "relative_strength": -13.032267, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.99158, "energy": 10.808193, "activity_lines": [ 1.762667, 1.751091, 1.785286, 1.771914 ] }, { "date": "2025-06-06", "close": 1.85, "volume": 127500, "typical_volume": 137110.0, "trend": 1.753333, "fair_value": 2.141923, "relative_strength": -6.194849, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.949152, "energy": 16.901394, "activity_lines": [ 1.786667, 1.772727, 1.790952, 1.778688 ] }, { "date": "2025-06-13", "close": 2.19, "volume": 420100, "typical_volume": 154345.0, "trend": 1.770333, "fair_value": 2.135577, "relative_strength": 11.28886, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.425732, "energy": 57.550764, "activity_lines": [ 1.92, 1.854364, 1.827952, 1.80686 ] }, { "date": "2025-06-20", "close": 2.4, "volume": 1364300, "typical_volume": 213525.0, "trend": 1.794333, "fair_value": 2.130641, "relative_strength": 22.208569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.875525, "energy": 78.990118, "activity_lines": [ 2.098, 1.962545, 1.882381, 1.847484 ] }, { "date": "2025-06-27", "close": 2.45, "volume": 711600, "typical_volume": 238780.0, "trend": 1.822333, "fair_value": 2.126346, "relative_strength": 24.038925, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.304559, "energy": 87.972876, "activity_lines": [ 2.255333, 2.065636, 1.938048, 1.889785 ] }, { "date": "2025-07-04", "close": 2.28, "volume": 742700, "typical_volume": 264695.0, "trend": 1.843333, "fair_value": 2.121987, "relative_strength": 14.077636, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.430994, "energy": 82.856398, "activity_lines": [ 2.308667, 2.125818, 1.973667, 1.919312 ] }, { "date": "2025-07-11", "close": 2.26, "volume": 132100, "typical_volume": 248890.0, "trend": 1.86, "fair_value": 2.118269, "relative_strength": 13.366545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.487295, "energy": 81.988445, "activity_lines": [ 2.317333, 2.172, 2.005524, 1.946194 ] }, { "date": "2025-07-18", "close": 2.31, "volume": 487900, "typical_volume": 261235.0, "trend": 1.881333, "fair_value": 2.115128, "relative_strength": 14.708662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.265385, "energy": 75.65167, "activity_lines": [ 2.315333, 2.218727, 2.041714, 1.975226 ] }, { "date": "2025-07-25", "close": 2.56, "volume": 179800, "typical_volume": 263935.0, "trend": 1.911667, "fair_value": 2.112885, "relative_strength": 26.037787, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.305631, "energy": 63.865715, "activity_lines": [ 2.388667, 2.301818, 2.10081, 2.019011 ] }, { "date": "2025-08-01", "close": 2.35, "volume": 150200, "typical_volume": 267860.0, "trend": 1.936333, "fair_value": 2.108654, "relative_strength": 17.600061, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.666241, "energy": 51.538786, "activity_lines": [ 2.381333, 2.333636, 2.136714, 2.04729 ] }, { "date": "2025-08-08", "close": 2.45, "volume": 99100, "typical_volume": 269435.0, "trend": 1.963667, "fair_value": 2.105, "relative_strength": 19.177829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.983015, "energy": 53.593244, "activity_lines": [ 2.414, 2.372545, 2.18, 2.08043 ] }, { "date": "2025-08-15", "close": 2.08, "volume": 401200, "typical_volume": 284780.0, "trend": 1.978667, "fair_value": 2.099679, "relative_strength": 0.899084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.061386, "energy": 34.254463, "activity_lines": [ 2.312, 2.330727, 2.185667, 2.087935 ] }, { "date": "2025-08-22", "close": 1.88, "volume": 895300, "typical_volume": 323430.0, "trend": 1.986333, "fair_value": 2.093782, "relative_strength": -9.892111, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.122931, "energy": 14.800341, "activity_lines": [ 2.155333, 2.248364, 2.170714, 2.08157 ] }, { "date": "2025-08-29", "close": 1.75, "volume": 380800, "typical_volume": 334580.0, "trend": 1.989333, "fair_value": 2.087436, "relative_strength": -16.38183, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.137245, "energy": 26.66818, "activity_lines": [ 1.984, 2.148, 2.14181, 2.066323 ] }, { "date": "2025-09-05", "close": 1.65, "volume": 454900, "typical_volume": 350135.0, "trend": 1.989667, "fair_value": 2.080513, "relative_strength": -22.078761, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.344011, "energy": 42.723755, "activity_lines": [ 1.833333, 2.041273, 2.102762, 2.04443 ] }, { "date": "2025-09-12", "close": 1.63, "volume": 621700, "typical_volume": 378800.0, "trend": 1.981, "fair_value": 2.073974, "relative_strength": -23.26854, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.379223, "energy": 62.000041, "activity_lines": [ 1.722667, 1.945455, 2.062476, 2.021226 ] }, { "date": "2025-09-19", "close": 1.65, "volume": 543900, "typical_volume": 403365.0, "trend": 1.963667, "fair_value": 2.068141, "relative_strength": -23.278676, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.746617, "energy": 67.441363, "activity_lines": [ 1.673333, 1.865091, 2.024476, 1.999871 ] }, { "date": "2025-09-26", "close": 1.76, "volume": 789000, "typical_volume": 433645.0, "trend": 1.951667, "fair_value": 2.062244, "relative_strength": -17.831007, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.040719, "energy": 61.991953, "activity_lines": [ 1.689333, 1.815818, 1.997619, 1.986731 ] }, { "date": "2025-10-03", "close": 1.83, "volume": 334300, "typical_volume": 447465.0, "trend": 1.949667, "fair_value": 2.057885, "relative_strength": -16.287317, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.115522, "energy": 42.6892, "activity_lines": [ 1.736667, 1.789273, 1.977667, 1.978882 ] }, { "date": "2025-10-10", "close": 1.9, "volume": 836400, "typical_volume": 486760.0, "trend": 1.949667, "fair_value": 2.053269, "relative_strength": -11.090256, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.14357, "energy": 20.88661, "activity_lines": [ 1.802, 1.788727, 1.964429, 1.975677 ] }, { "date": "2025-10-17", "close": 1.85, "volume": 273500, "typical_volume": 497315.0, "trend": 1.946333, "fair_value": 2.049295, "relative_strength": -13.905307, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.478441, "energy": 12.100689, "activity_lines": [ 1.834, 1.787273, 1.945667, 1.969247 ] }, { "date": "2025-10-24", "close": 1.92, "volume": 132400, "typical_volume": 497560.0, "trend": 1.952, "fair_value": 2.045833, "relative_strength": -11.051715, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.59125, "energy": 12.148858, "activity_lines": [ 1.874667, 1.809455, 1.932905, 1.967548 ] }, { "date": "2025-10-31", "close": 1.78, "volume": 232100, "typical_volume": 488160.0, "trend": 1.959667, "fair_value": 2.042244, "relative_strength": -16.930785, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.736571, "energy": 21.179561, "activity_lines": [ 1.850667, 1.809091, 1.906476, 1.956452 ] }, { "date": "2025-11-07", "close": 1.65, "volume": 300000, "typical_volume": 434945.0, "trend": 1.960667, "fair_value": 2.037244, "relative_strength": -21.899841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.626512, "energy": 34.016684, "activity_lines": [ 1.782, 1.786909, 1.869619, 1.936473 ] }, { "date": "2025-11-14", "close": 1.67, "volume": 564400, "typical_volume": 427585.0, "trend": 1.956667, "fair_value": 2.032436, "relative_strength": -21.768338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.468895, "energy": 45.496336, "activity_lines": [ 1.732, 1.770182, 1.838238, 1.91772 ] }, { "date": "2025-11-21", "close": 1.71, "volume": 313800, "typical_volume": 406140.0, "trend": 1.956667, "fair_value": 2.028526, "relative_strength": -19.248326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.555955, "energy": 53.626135, "activity_lines": [ 1.710667, 1.760364, 1.814381, 1.901806 ] }, { "date": "2025-11-28", "close": 1.72, "volume": 195000, "typical_volume": 409285.0, "trend": 1.954333, "fair_value": 2.024679, "relative_strength": -21.768406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.037072, "energy": 52.758451, "activity_lines": [ 1.702, 1.750909, 1.79419, 1.886538 ] }, { "date": "2025-12-05", "close": 1.71, "volume": 147600, "typical_volume": 392270.0, "trend": 1.951, "fair_value": 2.021795, "relative_strength": -21.839699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.275333, "energy": 46.30751, "activity_lines": [ 1.703333, 1.738364, 1.775619, 1.870774 ] }, { "date": "2025-12-12", "close": 1.73, "volume": 243600, "typical_volume": 395460.0, "trend": 1.947333, "fair_value": 2.019038, "relative_strength": -21.146903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.058235, "energy": 32.01352, "activity_lines": [ 1.716, 1.730364, 1.76181, 1.856516 ] }, { "date": "2025-12-19", "close": 1.74, "volume": 229200, "typical_volume": 399410.0, "trend": 1.947333, "fair_value": 2.017179, "relative_strength": -20.975566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.792215, "energy": 24.692216, "activity_lines": [ 1.726667, 1.726, 1.752905, 1.84314 ] }, { "date": "2025-12-26", "close": 1.7, "volume": 136600, "typical_volume": 401285.0, "trend": 1.947, "fair_value": 2.015064, "relative_strength": -23.094759, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.606162, "energy": 24.692347, "activity_lines": [ 1.719333, 1.717273, 1.743095, 1.827183 ] }, { "date": "2026-01-02", "close": 1.73, "volume": 398000, "typical_volume": 401125.0, "trend": 1.943, "fair_value": 2.012115, "relative_strength": -21.233684, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -35.671378, "energy": 21.217427, "activity_lines": [ 1.722667, 1.716727, 1.739714, 1.813183 ] }, { "date": "2026-01-09", "close": 1.7, "volume": 232500, "typical_volume": 367985.0, "trend": 1.926667, "fair_value": 2.007564, "relative_strength": -24.040714, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -39.652836, "energy": 23.285313, "activity_lines": [ 1.715333, 1.714182, 1.735143, 1.797505 ] }, { "date": "2026-01-16", "close": 1.66, "volume": 239200, "typical_volume": 360905.0, "trend": 1.902, "fair_value": 2.002821, "relative_strength": -26.48359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.039394, "energy": 31.191441, "activity_lines": [ 1.695333, 1.705818, 1.727619, 1.780301 ] }, { "date": "2026-01-23", "close": 1.67, "volume": 262500, "typical_volume": 351285.0, "trend": 1.876, "fair_value": 1.998141, "relative_strength": -25.973683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.752643, "energy": 30.179155, "activity_lines": [ 1.683333, 1.699091, 1.721476, 1.765333 ] }, { "date": "2026-01-30", "close": 1.77, "volume": 568100, "typical_volume": 348605.0, "trend": 1.859, "fair_value": 1.994295, "relative_strength": -18.318034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.014629, "energy": 22.752432, "activity_lines": [ 1.709333, 1.710545, 1.724762, 1.758495 ] }, { "date": "2026-02-06", "close": 1.64, "volume": 286600, "typical_volume": 335740.0, "trend": 1.838333, "fair_value": 1.989872, "relative_strength": -25.298111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.807828, "energy": 28.487453, "activity_lines": [ 1.687333, 1.697273, 1.715, 1.744366 ] }, { "date": "2026-02-13", "close": 1.42, "volume": 703800, "typical_volume": 331480.0, "trend": 1.808667, "fair_value": 1.984231, "relative_strength": -35.928596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.171047, "energy": 56.305602, "activity_lines": [ 1.598, 1.645455, 1.684333, 1.717376 ] }, { "date": "2026-02-20", "close": 1.39, "volume": 439400, "typical_volume": 336735.0, "trend": 1.769667, "fair_value": 1.978013, "relative_strength": -37.855741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.974251, "energy": 71.657676, "activity_lines": [ 1.517333, 1.593455, 1.652429, 1.690366 ] }, { "date": "2026-02-27", "close": 1.33, "volume": 481300, "typical_volume": 318980.0, "trend": 1.735667, "fair_value": 1.970641, "relative_strength": -40.670929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.74705, "energy": 83.287742, "activity_lines": [ 1.434667, 1.536727, 1.616905, 1.662 ] }, { "date": "2026-03-06", "close": 1.36, "volume": 208300, "typical_volume": 315720.0, "trend": 1.699333, "fair_value": 1.961731, "relative_strength": -36.368575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.096072, "energy": 82.115997, "activity_lines": [ 1.384667, 1.492909, 1.586952, 1.637763 ] }, { "date": "2026-03-13", "close": 1.37, "volume": 267800, "typical_volume": 322490.0, "trend": 1.675667, "fair_value": 1.953462, "relative_strength": -34.141792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.252105, "energy": 80.519008, "activity_lines": [ 1.365333, 1.457091, 1.560286, 1.616516 ] }, { "date": "2026-03-20", "close": 1.33, "volume": 146700, "typical_volume": 318220.0, "trend": 1.657333, "fair_value": 1.944295, "relative_strength": -32.84499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.568245, "energy": 78.97225, "activity_lines": [ 1.350667, 1.420545, 1.532429, 1.594215 ] }, { "date": "2026-03-27", "close": 1.38, "volume": 193000, "typical_volume": 312870.0, "trend": 1.645, "fair_value": 1.935833, "relative_strength": -31.147016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.821923, "energy": 56.641209, "activity_lines": [ 1.358667, 1.399818, 1.511476, 1.576323 ] }, { "date": "2026-04-03", "close": 1.41, "volume": 230600, "typical_volume": 296180.0, "trend": 1.637, "fair_value": 1.927949, "relative_strength": -31.579845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.49631, "energy": 47.91604, "activity_lines": [ 1.377333, 1.389636, 1.494667, 1.561161 ] }, { "date": "2026-04-10", "close": 1.44, "volume": 420100, "typical_volume": 301495.0, "trend": 1.630667, "fair_value": 1.919038, "relative_strength": -30.787842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.159195, "energy": 37.025907, "activity_lines": [ 1.400667, 1.389636, 1.481952, 1.548452 ] }, { "date": "2026-04-17", "close": 1.45, "volume": 228400, "typical_volume": 303165.0, "trend": 1.624, "fair_value": 1.911282, "relative_strength": -30.943803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.668889, "energy": 27.911825, "activity_lines": [ 1.422, 1.397455, 1.471476, 1.536796 ] }, { "date": "2026-04-24", "close": 1.37, "volume": 108800, "typical_volume": 301225.0, "trend": 1.611, "fair_value": 1.904231, "relative_strength": -33.298679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.975481, "energy": 28.833882, "activity_lines": [ 1.411333, 1.394182, 1.454667, 1.520409 ] }, { "date": "2026-05-01", "close": 1.34, "volume": 95400, "typical_volume": 293815.0, "trend": 1.594667, "fair_value": 1.896923, "relative_strength": -34.065277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.238582, "energy": 33.824251, "activity_lines": [ 1.388, 1.386364, 1.436619, 1.502925 ] }, { "date": "2026-05-08", "close": 1.35, "volume": 155600, "typical_volume": 290135.0, "trend": 1.576333, "fair_value": 1.889359, "relative_strength": -33.257092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.408793, "energy": 40.186258, "activity_lines": [ 1.370667, 1.381273, 1.421381, 1.48714 ] }, { "date": "2026-05-15", "close": 1.3, "volume": 303400, "typical_volume": 298475.0, "trend": 1.558, "fair_value": 1.881474, "relative_strength": -34.577537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.287711, "energy": 62.57732, "activity_lines": [ 1.340667, 1.366727, 1.403238, 1.469312 ] }, { "date": "2026-05-22", "close": 1.27, "volume": 235700, "typical_volume": 290360.0, "trend": 1.536333, "fair_value": 1.874038, "relative_strength": -36.639679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.886241, "energy": 74.972487, "activity_lines": [ 1.31, 1.347818, 1.384143, 1.450731 ] }, { "date": "2026-05-29", "close": 1.29, "volume": 120300, "typical_volume": 284750.0, "trend": 1.52, "fair_value": 1.866795, "relative_strength": -35.591645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.817953, "energy": 71.680142, "activity_lines": [ 1.298, 1.334364, 1.369143, 1.434839 ] }, { "date": "2026-06-05", "close": 1.22, "volume": 53500, "typical_volume": 275465.0, "trend": 1.505667, "fair_value": 1.859038, "relative_strength": -37.739162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.018157, "energy": 78.921497, "activity_lines": [ 1.268, 1.308909, 1.349429, 1.415484 ] }, { "date": "2026-06-12", "close": 0.98, "volume": 307200, "typical_volume": 277700.0, "trend": 1.482667, "fair_value": 1.851218, "relative_strength": -49.812753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.587834, "energy": 91.741139, "activity_lines": [ 1.166, 1.242727, 1.308952, 1.38157 ] }, { "date": "2026-06-19", "close": 0.99, "volume": 28800, "typical_volume": 250735.0, "trend": 1.458667, "fair_value": 1.843526, "relative_strength": -48.236624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.487999, "energy": 94.563464, "activity_lines": [ 1.092, 1.186182, 1.272714, 1.349785 ] }, { "date": "2026-06-26", "close": 0.98, "volume": 29300, "typical_volume": 237870.0, "trend": 1.434, "fair_value": 1.835897, "relative_strength": -47.600818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.11294, "energy": 93.554289, "activity_lines": [ 1.035333, 1.136, 1.239238, 1.318903 ] }, { "date": "2026-07-03", "close": 1.02, "volume": 9600, "typical_volume": 203160.0, "trend": 1.411, "fair_value": 1.828205, "relative_strength": -44.776319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.404116, "energy": 88.529313, "activity_lines": [ 1.011333, 1.101636, 1.212714, 1.292194 ] }, { "date": "2026-07-10", "close": 1.03, "volume": 64400, "typical_volume": 184410.0, "trend": 1.387667, "fair_value": 1.818654, "relative_strength": -43.191197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.776412, "energy": 86.779592, "activity_lines": [ 1.008667, 1.075455, 1.189048, 1.267613 ] }, { "date": "2026-07-17", "close": 0.98, "volume": 132500, "typical_volume": 166970.0, "trend": 1.362333, "fair_value": 1.809231, "relative_strength": -44.709817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.878421, "energy": 81.432711, "activity_lines": [ 1.002, 1.045818, 1.162333, 1.241312 ] }, { "date": "2026-07-24", "close": 1.0, "volume": 119900, "typical_volume": 162550.0, "trend": 1.339, "fair_value": 1.799744, "relative_strength": -42.318367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.359246, "energy": 65.112405, "activity_lines": [ 1.002, 1.026545, 1.13919, 1.217935 ] }, { "date": "2026-07-31", "close": 1.16, "volume": 813200, "typical_volume": 189820.0, "trend": 1.32, "fair_value": 1.792179, "relative_strength": -31.362407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.900321, "energy": 48.190168, "activity_lines": [ 1.054667, 1.041818, 1.133, 1.206387 ] }, { "date": "2026-08-07", "close": 1.25, "volume": 424600, "typical_volume": 203715.0, "trend": 1.305, "fair_value": 1.784167, "relative_strength": -26.803923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.046452, "energy": 21.276443, "activity_lines": [ 1.125333, 1.075455, 1.136381, 1.201871 ] } ], "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." } } }