{ "ticker": { "uuid": "4708e0de-a9c8-45e0-8626-23b29ba322c1", "symbol": "BYRN", "name": "Byrna Technologies Inc", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "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": -63.645, "architecture_energy": 62.882, "architecture_maturity": 98.0, "architecture_confidence": 86.393, "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": 18.67, "rotation_up": 17.34, "upward_expansion": 11.01, "deceleration": 48.57, "rotation_down": 63.66, "downward_expansion": 82.01 }, "activity_lines": [ 4.107667, 4.626, 5.169714, 6.199097 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 4.45, "trend_reference": 8.148167, "distance_from_trend": -0.453865, "trend_direction": "Weakening", "fair_value": 14.58234, "distance_from_fair_value": -0.694836, "fair_value_direction": "Weakening", "relative_strength": -70.943081, "relative_strength_direction": "Improving", "price_momentum": -0.697073, "excess_performance": -0.884526, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.453865, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.342625, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.694836, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.061962, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.709431, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.05333, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.697073, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.754147, "read": "Supply-led" } ], "volume": { "latest": 3033062, "relative_activity": 0.891756, "balance": 0.754147, "dry_up": 1.373716, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.23885, "annualized_volatility": 1.269597, "from_high_reference": -0.85467, "from_low_reference": 0.406003 }, "levels": { "trend_reference": 8.148167, "fair_value_reference": 14.58234, "structural_low": 3.165, "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": 30, "median_return": -0.036949, "positive_rate": 0.466667, "directional_follow_through": 0.533333, "median_excess_return": -0.043324, "regime_survival": 0.833333, "best_return": 1.129464, "worst_return": -0.386301, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.122997, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.102053, "regime_survival": 0.6, "best_return": 0.739791, "worst_return": -0.506255, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.165593, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.272782, "regime_survival": 0.666667, "best_return": 2.11491, "worst_return": -0.593178, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.325549, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.274205, "regime_survival": 0.333333, "best_return": 0.821462, "worst_return": -0.540114, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-24", "end": "2024-07-05", "tenure": "Developing", "return": -0.158547, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-12", "end": "2024-08-09", "tenure": "Developing", "return": 0.002991, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": 0.362773, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.105329, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-03-21", "tenure": "Established", "return": -0.03905, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-05-02", "tenure": "Developing", "return": 0.394721, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-06-06", "tenure": "Developing", "return": 0.458818, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": -0.270959, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.09852, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": -0.035461, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-05", "end": "2025-09-12", "tenure": "New", "return": 0.017839, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-10-03", "tenure": "New", "return": 0.065535, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": -0.300455, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-08-07", "tenure": "Extended", "return": -0.742477, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.38, "volume": 221629, "typical_volume": 508529.05, "trend": 6.118667, "fair_value": 12.408792, "relative_strength": -57.946544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.666972, "energy": 77.227968, "activity_lines": [ 3.500667, 3.804364, 4.288333, 4.996688 ] }, { "date": "2023-08-25", "close": 3.46, "volume": 302937, "typical_volume": 513729.8, "trend": 5.907, "fair_value": 12.32683, "relative_strength": -56.912546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.651151, "energy": 65.161645, "activity_lines": [ 3.452667, 3.692182, 4.161619, 4.825161 ] }, { "date": "2023-09-01", "close": 3.65, "volume": 255750, "typical_volume": 504057.75, "trend": 5.703, "fair_value": 12.234304, "relative_strength": -55.440817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.857292, "energy": 59.318611, "activity_lines": [ 3.503333, 3.636727, 4.072, 4.679548 ] }, { "date": "2023-09-08", "close": 3.62, "volume": 193166, "typical_volume": 466733.0, "trend": 5.504, "fair_value": 12.144048, "relative_strength": -54.674176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.522423, "energy": 52.230788, "activity_lines": [ 3.550667, 3.591091, 3.993524, 4.545161 ] }, { "date": "2023-09-15", "close": 3.31, "volume": 290498, "typical_volume": 446380.05, "trend": 5.325, "fair_value": 12.056933, "relative_strength": -57.847637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.706136, "energy": 51.893162, "activity_lines": [ 3.485333, 3.514364, 3.895762, 4.403613 ] }, { "date": "2023-09-22", "close": 3.11, "volume": 186790, "typical_volume": 430176.8, "trend": 5.161667, "fair_value": 11.974304, "relative_strength": -58.664081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.236642, "energy": 53.905275, "activity_lines": [ 3.360667, 3.430364, 3.788048, 4.26071 ] }, { "date": "2023-09-29", "close": 2.24, "volume": 506250, "typical_volume": 437906.4, "trend": 4.947667, "fair_value": 11.888663, "relative_strength": -69.942481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.109051, "energy": 67.52869, "activity_lines": [ 2.964, 3.198182, 3.606714, 4.072215 ] }, { "date": "2023-10-06", "close": 2.84, "volume": 273625, "typical_volume": 437425.25, "trend": 4.746333, "fair_value": 11.802766, "relative_strength": -62.177486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.555097, "energy": 66.203259, "activity_lines": [ 2.848667, 3.106909, 3.495667, 3.936237 ] }, { "date": "2023-10-13", "close": 3.41, "volume": 632830, "typical_volume": 453505.85, "trend": 4.562, "fair_value": 11.720138, "relative_strength": -54.007813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.577265, "energy": 61.732849, "activity_lines": [ 2.977333, 3.135818, 3.450238, 3.850022 ] }, { "date": "2023-10-20", "close": 4.15, "volume": 733784, "typical_volume": 476297.1, "trend": 4.439667, "fair_value": 11.651228, "relative_strength": -41.586976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.867098, "energy": 29.929595, "activity_lines": [ 3.366667, 3.300545, 3.481667, 3.823441 ] }, { "date": "2023-10-27", "close": 4.77, "volume": 509587, "typical_volume": 473531.8, "trend": 4.345667, "fair_value": 11.586933, "relative_strength": -30.325677, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.742293, "energy": 17.970702, "activity_lines": [ 3.906667, 3.564727, 3.575714, 3.844753 ] }, { "date": "2023-11-03", "close": 4.87, "volume": 418412, "typical_volume": 472164.55, "trend": 4.259667, "fair_value": 11.525202, "relative_strength": -32.327379, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.173844, "energy": 42.709929, "activity_lines": [ 4.369333, 3.821818, 3.68081, 3.878581 ] }, { "date": "2023-11-10", "close": 4.91, "volume": 273261, "typical_volume": 469021.95, "trend": 4.203667, "fair_value": 11.465561, "relative_strength": -32.874271, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.725217, "energy": 46.988294, "activity_lines": [ 4.67, 4.060545, 3.78881, 3.920538 ] }, { "date": "2023-11-17", "close": 5.1, "volume": 265510, "typical_volume": 470604.8, "trend": 4.181333, "fair_value": 11.405946, "relative_strength": -30.553905, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.237985, "energy": 66.624411, "activity_lines": [ 4.896, 4.310909, 3.912905, 3.978366 ] }, { "date": "2023-11-24", "close": 5.51, "volume": 191149, "typical_volume": 470691.95, "trend": 4.191, "fair_value": 11.35024, "relative_strength": -24.520549, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.279373, "energy": 75.135256, "activity_lines": [ 5.146, 4.608909, 4.075619, 4.064086 ] }, { "date": "2023-12-01", "close": 6.04, "volume": 347228, "typical_volume": 374512.55, "trend": 4.224, "fair_value": 11.295369, "relative_strength": -16.056323, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 58.557299, "energy": 78.579543, "activity_lines": [ 5.482, 4.963273, 4.285952, 4.183376 ] }, { "date": "2023-12-08", "close": 5.71, "volume": 278618, "typical_volume": 356051.6, "trend": 4.247667, "fair_value": 11.230048, "relative_strength": -19.655755, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.22264, "energy": 81.617093, "activity_lines": [ 5.623333, 5.204364, 4.453524, 4.279247 ] }, { "date": "2023-12-15", "close": 5.59, "volume": 305168, "typical_volume": 346156.55, "trend": 4.26, "fair_value": 11.164599, "relative_strength": -22.393181, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.286265, "energy": 73.244929, "activity_lines": [ 5.668667, 5.360545, 4.601476, 4.365849 ] }, { "date": "2023-12-22", "close": 6.89, "volume": 682353, "typical_volume": 359035.2, "trend": 4.331333, "fair_value": 11.113253, "relative_strength": -3.830846, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.459264, "energy": 81.199903, "activity_lines": [ 6.102, 5.703091, 4.864476, 4.535527 ] }, { "date": "2023-12-29", "close": 6.39, "volume": 279396, "typical_volume": 357397.05, "trend": 4.381, "fair_value": 11.061266, "relative_strength": -9.715667, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.310345, "energy": 67.308616, "activity_lines": [ 6.249333, 5.891455, 5.063619, 4.668344 ] }, { "date": "2024-01-05", "close": 5.8, "volume": 285671, "typical_volume": 360599.15, "trend": 4.404667, "fair_value": 11.008702, "relative_strength": -13.864099, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.223875, "energy": 55.604785, "activity_lines": [ 6.141333, 5.931818, 5.192429, 4.759892 ] }, { "date": "2024-01-12", "close": 5.9, "volume": 249790, "typical_volume": 357941.8, "trend": 4.445333, "fair_value": 10.956779, "relative_strength": -13.028797, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.083895, "energy": 52.388048, "activity_lines": [ 6.082667, 5.971636, 5.319238, 4.856366 ] }, { "date": "2024-01-19", "close": 6.03, "volume": 296822, "typical_volume": 359995.4, "trend": 4.496667, "fair_value": 10.90633, "relative_strength": -11.436649, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.824096, "energy": 44.550928, "activity_lines": [ 6.054667, 6.016364, 5.44681, 4.958602 ] }, { "date": "2024-01-26", "close": 6.89, "volume": 621843, "typical_volume": 381429.25, "trend": 4.559333, "fair_value": 10.863317, "relative_strength": 2.652522, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.248052, "energy": 51.97925, "activity_lines": [ 6.284, 6.197091, 5.644952, 5.113011 ] }, { "date": "2024-02-02", "close": 8.39, "volume": 591549, "typical_volume": 396481.8, "trend": 4.675333, "fair_value": 10.819022, "relative_strength": 25.400023, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.925258, "energy": 73.412207, "activity_lines": [ 7.013333, 6.618, 5.970381, 5.360151 ] }, { "date": "2024-02-09", "close": 9.84, "volume": 770291, "typical_volume": 425656.85, "trend": 4.881333, "fair_value": 10.775689, "relative_strength": 46.115278, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.897973, "energy": 93.343569, "activity_lines": [ 8.092667, 7.250182, 6.409714, 5.693355 ] }, { "date": "2024-02-16", "close": 11.35, "volume": 1314717, "typical_volume": 466080.2, "trend": 5.126667, "fair_value": 10.752292, "relative_strength": 71.643788, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.066238, "energy": 95.993919, "activity_lines": [ 9.406, 8.087818, 6.96081, 6.110688 ] }, { "date": "2024-02-23", "close": 12.01, "volume": 1124561, "typical_volume": 508627.0, "trend": 5.402, "fair_value": 10.73633, "relative_strength": 79.073558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.616879, "energy": 95.909188, "activity_lines": [ 10.576, 8.942909, 7.531381, 6.554774 ] }, { "date": "2024-03-01", "close": 11.81, "volume": 662202, "typical_volume": 510095.6, "trend": 5.679667, "fair_value": 10.724215, "relative_strength": 73.164678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.210338, "energy": 92.313244, "activity_lines": [ 11.280667, 9.644909, 8.039238, 6.968194 ] }, { "date": "2024-03-08", "close": 12.0, "volume": 1493185, "typical_volume": 548065.65, "trend": 5.965667, "fair_value": 10.716522, "relative_strength": 79.415277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.780777, "energy": 85.257424, "activity_lines": [ 11.720667, 10.292, 8.52519, 7.375957 ] }, { "date": "2024-03-15", "close": 11.89, "volume": 869975, "typical_volume": 566085.05, "trend": 6.249333, "fair_value": 10.712612, "relative_strength": 80.332947, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.913483, "energy": 67.208852, "activity_lines": [ 11.883333, 10.817091, 8.963286, 7.758172 ] }, { "date": "2024-03-22", "close": 13.99, "volume": 925169, "typical_volume": 591422.9, "trend": 6.600333, "fair_value": 10.723446, "relative_strength": 104.434917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.533386, "energy": 72.429841, "activity_lines": [ 12.609333, 11.613273, 9.567476, 8.25757 ] }, { "date": "2024-03-29", "close": 13.93, "volume": 1124356, "typical_volume": 633977.65, "trend": 6.943, "fair_value": 10.73133, "relative_strength": 102.720807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.022122, "energy": 70.011383, "activity_lines": [ 13.139333, 12.251455, 10.122524, 8.730452 ] }, { "date": "2024-04-05", "close": 13.21, "volume": 2256767, "typical_volume": 733540.5, "trend": 7.262667, "fair_value": 10.73524, "relative_strength": 92.256316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.448403, "energy": 64.014564, "activity_lines": [ 13.301333, 12.615091, 10.566048, 9.134774 ] }, { "date": "2024-04-12", "close": 14.5, "volume": 1913203, "typical_volume": 819643.2, "trend": 7.635667, "fair_value": 10.700625, "relative_strength": 108.932139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.763831, "energy": 66.169, "activity_lines": [ 13.8, 13.098364, 11.09381, 9.601699 ] }, { "date": "2024-04-19", "close": 12.84, "volume": 1201351, "typical_volume": 862349.35, "trend": 7.96, "fair_value": 10.66242, "relative_strength": 92.600185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.755316, "energy": 54.708994, "activity_lines": [ 13.578667, 13.168727, 11.420667, 9.937462 ] }, { "date": "2024-04-26", "close": 13.665, "volume": 950042, "typical_volume": 895920.55, "trend": 8.340833, "fair_value": 10.616282, "relative_strength": 93.629448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.99217, "energy": 49.777396, "activity_lines": [ 13.569, 13.334545, 11.793714, 10.305527 ] }, { "date": "2024-05-03", "close": 13.68, "volume": 1294508, "typical_volume": 945387.55, "trend": 8.702167, "fair_value": 10.556026, "relative_strength": 88.38108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.001291, "energy": 47.155638, "activity_lines": [ 13.586, 13.461, 12.13031, 10.649989 ] }, { "date": "2024-05-10", "close": 13.41, "volume": 841554, "typical_volume": 953347.6, "trend": 9.0355, "fair_value": 10.473077, "relative_strength": 78.851532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.441926, "energy": 41.138835, "activity_lines": [ 13.529667, 13.508, 12.402667, 10.95372 ] }, { "date": "2024-05-17", "close": 11.71, "volume": 1389029, "typical_volume": 1008829.25, "trend": 9.2875, "fair_value": 10.375897, "relative_strength": 51.059912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.497172, "energy": 30.861627, "activity_lines": [ 12.893333, 13.216818, 12.482071, 11.126269 ] }, { "date": "2024-05-24", "close": 12.11, "volume": 1093800, "typical_volume": 1049235.7, "trend": 9.532167, "fair_value": 10.299679, "relative_strength": 51.942451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.637525, "energy": 22.585081, "activity_lines": [ 12.576333, 13.003636, 12.574238, 11.308366 ] }, { "date": "2024-05-31", "close": 11.69, "volume": 607841, "typical_volume": 1067138.25, "trend": 9.7595, "fair_value": 10.222692, "relative_strength": 47.074106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.7363, "energy": 20.171916, "activity_lines": [ 12.168, 12.710091, 12.596357, 11.447581 ] }, { "date": "2024-06-07", "close": 11.06, "volume": 840508, "typical_volume": 1094322.55, "trend": 9.9645, "fair_value": 10.139359, "relative_strength": 34.086396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.236827, "energy": 16.520521, "activity_lines": [ 11.681333, 12.343818, 12.530905, 11.531484 ] }, { "date": "2024-06-14", "close": 10.96, "volume": 789961, "typical_volume": 1102728.45, "trend": 10.159833, "fair_value": 10.045513, "relative_strength": 26.993684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.074827, "energy": 15.911576, "activity_lines": [ 11.336, 12.011545, 12.431976, 11.59571 ] }, { "date": "2024-06-21", "close": 10.5, "volume": 551892, "typical_volume": 1100745.6, "trend": 10.326167, "fair_value": 9.967179, "relative_strength": 20.204211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.654745, "energy": 21.246844, "activity_lines": [ 11.000667, 11.636545, 12.269857, 11.617656 ] }, { "date": "2024-06-28", "close": 9.98, "volume": 3673172, "typical_volume": 1245889.65, "trend": 10.4575, "fair_value": 9.896987, "relative_strength": 13.463494, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.934052, "energy": 35.247697, "activity_lines": [ 10.572667, 11.239727, 12.048167, 11.595323 ] }, { "date": "2024-07-05", "close": 10.19, "volume": 963297, "typical_volume": 1228318.65, "trend": 10.606833, "fair_value": 9.825449, "relative_strength": 11.051115, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.263361, "energy": 46.601352, "activity_lines": [ 10.356667, 10.933091, 11.84581, 11.578065 ] }, { "date": "2024-07-12", "close": 10.03, "volume": 2888571, "typical_volume": 1316519.15, "trend": 10.754833, "fair_value": 9.726859, "relative_strength": 8.414304, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.281793, "energy": 41.774327, "activity_lines": [ 10.187333, 10.660545, 11.633738, 11.540849 ] }, { "date": "2024-07-19", "close": 9.6, "volume": 1043620, "typical_volume": 1335590.05, "trend": 10.845167, "fair_value": 9.634551, "relative_strength": 6.995609, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.143117, "energy": 45.214361, "activity_lines": [ 9.943333, 10.376182, 11.390143, 11.466344 ] }, { "date": "2024-07-26", "close": 9.75, "volume": 859452, "typical_volume": 1303903.4, "trend": 10.957167, "fair_value": 9.543205, "relative_strength": 10.287708, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.821964, "energy": 40.790796, "activity_lines": [ 9.84, 10.188364, 11.171357, 11.395688 ] }, { "date": "2024-08-02", "close": 8.49, "volume": 856534, "typical_volume": 1303231.35, "trend": 11.046833, "fair_value": 9.439551, "relative_strength": -1.860719, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.478549, "energy": 54.566222, "activity_lines": [ 9.366667, 9.807091, 10.843286, 11.236516 ] }, { "date": "2024-08-09", "close": 10.06, "volume": 1291247, "typical_volume": 1321535.25, "trend": 11.1855, "fair_value": 9.348205, "relative_strength": 14.383294, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.305228, "energy": 47.144546, "activity_lines": [ 9.516, 9.777091, 10.680929, 11.172849 ] }, { "date": "2024-08-16", "close": 10.53, "volume": 760291, "typical_volume": 1303332.0, "trend": 11.3355, "fair_value": 9.247115, "relative_strength": 12.123568, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.263125, "energy": 35.543945, "activity_lines": [ 9.830667, 9.862182, 10.582048, 11.130559 ] }, { "date": "2024-08-23", "close": 11.07, "volume": 640283, "typical_volume": 1222507.8, "trend": 11.474833, "fair_value": 9.129551, "relative_strength": 15.141909, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.73857, "energy": 23.239659, "activity_lines": [ 10.292, 10.055091, 10.550786, 11.11343 ] }, { "date": "2024-08-30", "close": 11.59, "volume": 783516, "typical_volume": 1166023.45, "trend": 11.5815, "fair_value": 9.012949, "relative_strength": 19.814955, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.064949, "energy": 19.818664, "activity_lines": [ 10.828667, 10.340545, 10.579238, 11.12086 ] }, { "date": "2024-09-06", "close": 14.35, "volume": 3568436, "typical_volume": 1284377.7, "trend": 11.731833, "fair_value": 8.928462, "relative_strength": 54.224213, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 37.906884, "energy": 36.049292, "activity_lines": [ 12.162667, 11.108, 10.884405, 11.299473 ] }, { "date": "2024-09-13", "close": 15.95, "volume": 2603620, "typical_volume": 1367056.6, "trend": 11.885167, "fair_value": 8.882308, "relative_strength": 58.205012, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.706073, "energy": 62.364524, "activity_lines": [ 13.639333, 12.086909, 11.334762, 11.571613 ] }, { "date": "2024-09-20", "close": 17.0, "volume": 3292425, "typical_volume": 1466952.45, "trend": 12.0515, "fair_value": 8.846218, "relative_strength": 62.23987, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.830021, "energy": 73.698503, "activity_lines": [ 15.073333, 13.152, 11.874238, 11.901602 ] }, { "date": "2024-09-27", "close": 17.63, "volume": 2850676, "typical_volume": 1567408.55, "trend": 12.2455, "fair_value": 8.816859, "relative_strength": 62.236532, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.853297, "energy": 89.541927, "activity_lines": [ 16.286, 14.204909, 12.457905, 12.261505 ] }, { "date": "2024-10-04", "close": 18.95, "volume": 3080630, "typical_volume": 1651988.6, "trend": 12.477167, "fair_value": 8.805256, "relative_strength": 69.64295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.586403, "energy": 92.215872, "activity_lines": [ 17.501333, 15.351818, 13.14719, 12.694054 ] }, { "date": "2024-10-11", "close": 13.96, "volume": 5872311, "typical_volume": 1890914.15, "trend": 12.546167, "fair_value": 8.779551, "relative_strength": 21.5154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.413497, "energy": 68.453614, "activity_lines": [ 16.562667, 15.424182, 13.326762, 12.78972 ] }, { "date": "2024-10-18", "close": 16.61, "volume": 2725145, "typical_volume": 1996779.35, "trend": 12.6335, "fair_value": 8.775192, "relative_strength": 41.705694, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.308347, "energy": 52.174134, "activity_lines": [ 16.533333, 15.878909, 13.749905, 13.051903 ] }, { "date": "2024-10-25", "close": 15.43, "volume": 1865013, "typical_volume": 2048004.6, "trend": 12.6835, "fair_value": 8.76609, "relative_strength": 29.599878, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.239893, "energy": 40.978037, "activity_lines": [ 16.066667, 16.0, 14.037238, 13.232323 ] }, { "date": "2024-11-01", "close": 14.68, "volume": 1788686, "typical_volume": 2097940.85, "trend": 12.7325, "fair_value": 8.763205, "relative_strength": 23.636281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.458405, "energy": 23.621997, "activity_lines": [ 15.454667, 15.895636, 14.232333, 13.361129 ] }, { "date": "2024-11-08", "close": 17.5, "volume": 2465271, "typical_volume": 2193609.8, "trend": 12.8325, "fair_value": 8.77391, "relative_strength": 37.453905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.239939, "energy": 34.444863, "activity_lines": [ 15.979333, 16.238364, 14.678286, 13.66871 ] }, { "date": "2024-11-15", "close": 18.32, "volume": 2569967, "typical_volume": 2138449.55, "trend": 13.015167, "fair_value": 8.788077, "relative_strength": 46.305493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.992347, "energy": 41.586603, "activity_lines": [ 16.874, 16.622727, 15.169, 14.022742 ] }, { "date": "2024-11-22", "close": 21.31, "volume": 3606514, "typical_volume": 2270610.4, "trend": 13.27, "fair_value": 8.826859, "relative_strength": 63.602016, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.678902, "energy": 64.019857, "activity_lines": [ 18.474667, 17.478545, 15.904762, 14.557892 ] }, { "date": "2024-11-29", "close": 19.33, "volume": 1875565, "typical_volume": 2219960.1, "trend": 13.458333, "fair_value": 8.866987, "relative_strength": 44.836459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.081365, "energy": 64.376237, "activity_lines": [ 19.102, 17.876909, 16.399, 14.94886 ] }, { "date": "2024-12-06", "close": 19.43, "volume": 1636797, "typical_volume": 2249618.95, "trend": 13.659, "fair_value": 8.893974, "relative_strength": 38.69055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.052106, "energy": 68.109077, "activity_lines": [ 19.502667, 18.251091, 16.858476, 15.334129 ] }, { "date": "2024-12-13", "close": 24.67, "volume": 4004760, "typical_volume": 2406884.35, "trend": 14.091, "fair_value": 8.962756, "relative_strength": 70.725052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.945721, "energy": 81.000558, "activity_lines": [ 21.333333, 19.545273, 17.77019, 16.044516 ] }, { "date": "2024-12-20", "close": 29.56, "volume": 3522557, "typical_volume": 2540185.5, "trend": 14.672667, "fair_value": 9.062564, "relative_strength": 103.49446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.77221, "energy": 91.400226, "activity_lines": [ 24.316, 21.624545, 19.076571, 17.042516 ] }, { "date": "2024-12-27", "close": 30.06, "volume": 1902885, "typical_volume": 2570767.4, "trend": 15.285, "fair_value": 9.169679, "relative_strength": 99.348406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.226413, "energy": 93.890524, "activity_lines": [ 26.716, 23.511091, 20.330238, 18.035247 ] }, { "date": "2025-01-03", "close": 30.01, "volume": 2012462, "typical_volume": 2633375.95, "trend": 15.916667, "fair_value": 9.284423, "relative_strength": 94.936687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.126501, "energy": 91.484022, "activity_lines": [ 28.516, 25.144, 21.483905, 18.985247 ] }, { "date": "2025-01-10", "close": 26.87, "volume": 1881163, "typical_volume": 2695419.95, "trend": 16.447, "fair_value": 9.379872, "relative_strength": 74.118667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.65265, "energy": 86.906607, "activity_lines": [ 28.557333, 25.940909, 22.245762, 19.691914 ] }, { "date": "2025-01-17", "close": 29.4, "volume": 1397981, "typical_volume": 2726143.2, "trend": 17.077, "fair_value": 9.501282, "relative_strength": 80.416864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.46911, "energy": 79.428867, "activity_lines": [ 28.946, 26.976182, 23.173333, 20.527591 ] }, { "date": "2025-01-24", "close": 30.76, "volume": 1897137, "typical_volume": 2642578.25, "trend": 17.769667, "fair_value": 9.630769, "relative_strength": 81.293129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.143185, "energy": 67.504082, "activity_lines": [ 29.472667, 28.042364, 24.145619, 21.410366 ] }, { "date": "2025-01-31", "close": 27.04, "volume": 2063054, "typical_volume": 2615549.95, "trend": 18.331333, "fair_value": 9.732628, "relative_strength": 58.552724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.166449, "energy": 53.272037, "activity_lines": [ 28.679333, 28.206, 24.685476, 22.008452 ] }, { "date": "2025-02-07", "close": 29.64, "volume": 3826290, "typical_volume": 2642243.2, "trend": 18.985, "fair_value": 9.867692, "relative_strength": 70.177752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.669734, "energy": 52.155863, "activity_lines": [ 28.954, 28.738182, 25.420143, 22.738043 ] }, { "date": "2025-02-14", "close": 32.8, "volume": 4059201, "typical_volume": 2702669.45, "trend": 19.758333, "fair_value": 10.025833, "relative_strength": 79.424191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.662879, "energy": 55.503006, "activity_lines": [ 30.306667, 29.657455, 26.395571, 23.629333 ] }, { "date": "2025-02-21", "close": 28.51, "volume": 3016061, "typical_volume": 2699441.0, "trend": 20.383667, "fair_value": 10.145962, "relative_strength": 57.174046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.54832, "energy": 43.155727, "activity_lines": [ 29.834, 29.553636, 26.89019, 24.193957 ] }, { "date": "2025-02-28", "close": 25.73, "volume": 2822067, "typical_volume": 2546928.8, "trend": 20.958333, "fair_value": 10.248205, "relative_strength": 44.909857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.508636, "energy": 32.498624, "activity_lines": [ 28.494, 28.874545, 27.074524, 24.538882 ] }, { "date": "2025-03-07", "close": 22.48, "volume": 2991236, "typical_volume": 2560233.35, "trend": 21.372333, "fair_value": 10.331218, "relative_strength": 29.5244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.367296, "energy": 13.754812, "activity_lines": [ 26.406, 27.674182, 26.893286, 24.637054 ] }, { "date": "2025-03-14", "close": 20.85, "volume": 3102039, "typical_volume": 2622084.65, "trend": 21.716333, "fair_value": 10.400192, "relative_strength": 22.112429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -5.236664, "energy": 19.433994, "activity_lines": [ 24.078667, 26.315273, 26.528857, 24.603355 ] }, { "date": "2025-03-21", "close": 18.21, "volume": 4096929, "typical_volume": 2737496.8, "trend": 21.954333, "fair_value": 10.459487, "relative_strength": 6.023229, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -35.151278, "energy": 39.767797, "activity_lines": [ 21.457333, 24.642909, 25.88719, 24.37714 ] }, { "date": "2025-03-28", "close": 17.05, "volume": 2298399, "typical_volume": 2729153.2, "trend": 22.136333, "fair_value": 10.51641, "relative_strength": 1.378935, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.270723, "energy": 58.194044, "activity_lines": [ 19.422, 22.917091, 25.118238, 24.060731 ] }, { "date": "2025-04-04", "close": 14.96, "volume": 3665392, "typical_volume": 2783924.45, "trend": 22.156667, "fair_value": 10.559423, "relative_strength": -1.586058, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.863903, "energy": 68.478208, "activity_lines": [ 17.454, 21.035818, 24.152381, 23.597742 ] }, { "date": "2025-04-11", "close": 17.93, "volume": 5117371, "typical_volume": 2859467.3, "trend": 22.222667, "fair_value": 10.626218, "relative_strength": 9.354655, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.968262, "energy": 62.253319, "activity_lines": [ 17.194, 19.981818, 23.485381, 23.325054 ] }, { "date": "2025-04-18", "close": 21.78, "volume": 3310360, "typical_volume": 2931207.05, "trend": 22.382, "fair_value": 10.721731, "relative_strength": 34.632974, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.815361, "energy": 40.74638, "activity_lines": [ 18.520667, 19.793455, 23.201143, 23.296495 ] }, { "date": "2025-04-25", "close": 23.17, "volume": 2147403, "typical_volume": 2956737.35, "trend": 22.566667, "fair_value": 10.832308, "relative_strength": 33.392976, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.649078, "energy": 20.583611, "activity_lines": [ 20.248667, 20.000727, 23.037619, 23.347333 ] }, { "date": "2025-05-02", "close": 23.78, "volume": 1904098, "typical_volume": 2851704.25, "trend": 22.727667, "fair_value": 10.945705, "relative_strength": 31.178517, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.7628, "energy": 11.656127, "activity_lines": [ 21.849333, 20.494, 22.914381, 23.425613 ] }, { "date": "2025-05-09", "close": 21.49, "volume": 1643899, "typical_volume": 2757771.35, "trend": 22.978667, "fair_value": 11.042179, "relative_strength": 17.92823, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.06084, "energy": 14.675864, "activity_lines": [ 22.238, 20.656909, 22.577286, 23.345763 ] }, { "date": "2025-05-16", "close": 25.37, "volume": 1798626, "typical_volume": 2752558.4, "trend": 23.270667, "fair_value": 11.155897, "relative_strength": 28.769809, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.226309, "energy": 20.803719, "activity_lines": [ 23.484667, 21.602364, 22.648143, 23.500043 ] }, { "date": "2025-05-23", "close": 23.85, "volume": 1644468, "typical_volume": 2734158.7, "trend": 23.551333, "fair_value": 11.256218, "relative_strength": 22.707943, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.200779, "energy": 13.697746, "activity_lines": [ 23.728667, 22.218909, 22.596571, 23.537419 ] }, { "date": "2025-05-30", "close": 26.66, "volume": 1489434, "typical_volume": 2714572.25, "trend": 23.950667, "fair_value": 11.375833, "relative_strength": 32.866181, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.005031, "energy": 24.99536, "activity_lines": [ 24.771333, 23.291818, 22.841952, 23.737978 ] }, { "date": "2025-06-06", "close": 31.35, "volume": 3364143, "typical_volume": 2812880.35, "trend": 24.412333, "fair_value": 11.515192, "relative_strength": 50.423967, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.941112, "energy": 52.460342, "activity_lines": [ 27.144667, 25.063818, 23.535, 24.215355 ] }, { "date": "2025-06-13", "close": 29.82, "volume": 2442331, "typical_volume": 2840140.05, "trend": 24.795667, "fair_value": 11.656987, "relative_strength": 41.562148, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.072444, "energy": 57.940924, "activity_lines": [ 28.503333, 26.297636, 24.073048, 24.564237 ] }, { "date": "2025-06-20", "close": 30.33, "volume": 1525787, "typical_volume": 2813276.7, "trend": 25.096333, "fair_value": 11.798397, "relative_strength": 41.595718, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.667016, "energy": 62.236928, "activity_lines": [ 29.476667, 27.354, 24.664143, 24.92129 ] }, { "date": "2025-06-27", "close": 31.57, "volume": 2645536, "typical_volume": 2754239.0, "trend": 25.504333, "fair_value": 11.946538, "relative_strength": 39.101535, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.227485, "energy": 66.427245, "activity_lines": [ 30.532667, 28.410364, 25.357667, 25.338946 ] }, { "date": "2025-07-04", "close": 33.18, "volume": 2221649, "typical_volume": 2662361.4, "trend": 25.962667, "fair_value": 12.100513, "relative_strength": 41.49572, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.179218, "energy": 65.283916, "activity_lines": [ 31.610667, 29.581455, 26.195333, 25.834151 ] }, { "date": "2025-07-11", "close": 22.965, "volume": 7642669, "typical_volume": 2893691.8, "trend": 25.905833, "fair_value": 12.195096, "relative_strength": -2.644104, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.019533, "energy": 21.001483, "activity_lines": [ 28.849, 28.713273, 26.058333, 25.640753 ] }, { "date": "2025-07-18", "close": 21.74, "volume": 4689846, "typical_volume": 2987080.75, "trend": 25.645167, "fair_value": 12.278558, "relative_strength": -9.747732, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -10.774073, "energy": 10.661894, "activity_lines": [ 26.238, 27.637182, 25.831071, 25.371989 ] }, { "date": "2025-07-25", "close": 23.65, "volume": 3568350, "typical_volume": 3015936.45, "trend": 25.4315, "fair_value": 12.37766, "relative_strength": -3.593335, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.244354, "energy": 18.893309, "activity_lines": [ 24.802333, 26.903818, 25.804714, 25.243269 ] }, { "date": "2025-08-01", "close": 21.32, "volume": 2318380, "typical_volume": 2976753.5, "trend": 25.141833, "fair_value": 12.459199, "relative_strength": -11.893069, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.525364, "energy": 32.965722, "activity_lines": [ 23.035333, 25.778091, 25.550881, 24.978011 ] }, { "date": "2025-08-08", "close": 21.15, "volume": 2214598, "typical_volume": 2882636.95, "trend": 24.951167, "fair_value": 12.535673, "relative_strength": -16.269027, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.045164, "energy": 40.688997, "activity_lines": [ 21.895, 24.667455, 25.278619, 24.720473 ] }, { "date": "2025-08-15", "close": 19.18, "volume": 2318862, "typical_volume": 2883660.1, "trend": 24.6105, "fair_value": 12.601763, "relative_strength": -24.794603, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.159937, "energy": 55.652941, "activity_lines": [ 20.9, 23.298818, 24.804738, 24.34814 ] }, { "date": "2025-08-22", "close": 20.2, "volume": 1601615, "typical_volume": 2780471.25, "trend": 24.2585, "fair_value": 12.673686, "relative_strength": -20.471331, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.128795, "energy": 54.493517, "activity_lines": [ 20.497333, 22.336909, 24.417857, 24.063591 ] }, { "date": "2025-08-29", "close": 20.4, "volume": 2644221, "typical_volume": 2656813.75, "trend": 24.037167, "fair_value": 12.750545, "relative_strength": -19.854824, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -51.591272, "energy": 53.324363, "activity_lines": [ 20.264, 21.586273, 24.025071, 23.814656 ] }, { "date": "2025-09-05", "close": 19.62, "volume": 2782587, "typical_volume": 2630425.1, "trend": 23.703167, "fair_value": 12.831122, "relative_strength": -23.738939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.594554, "energy": 49.743362, "activity_lines": [ 19.987333, 20.874364, 23.546238, 23.529677 ] }, { "date": "2025-09-12", "close": 19.97, "volume": 2370656, "typical_volume": 2641587.75, "trend": 23.2755, "fair_value": 12.917853, "relative_strength": -23.790796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -31.629808, "energy": 32.117385, "activity_lines": [ 19.940667, 20.443364, 23.111024, 23.288828 ] }, { "date": "2025-09-19", "close": 21.21, "volume": 1901250, "typical_volume": 2641445.35, "trend": 23.032167, "fair_value": 13.021603, "relative_strength": -20.770929, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.822081, "energy": 26.079063, "activity_lines": [ 20.386, 20.478, 22.809143, 23.15557 ] }, { "date": "2025-09-26", "close": 20.91, "volume": 2416075, "typical_volume": 2680054.15, "trend": 22.8715, "fair_value": 13.125513, "relative_strength": -21.494187, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.549419, "energy": 18.786931, "activity_lines": [ 20.596, 20.49, 22.490929, 23.018656 ] }, { "date": "2025-10-03", "close": 22.6, "volume": 2877727, "typical_volume": 2734009.2, "trend": 22.8755, "fair_value": 13.238141, "relative_strength": -16.10472, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.664613, "energy": 10.307404, "activity_lines": [ 21.322, 20.824364, 22.336429, 23.00114 ] }, { "date": "2025-10-10", "close": 26.36, "volume": 6262301, "typical_volume": 2964900.85, "trend": 23.059167, "fair_value": 13.366474, "relative_strength": -0.572674, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.526498, "energy": 21.138594, "activity_lines": [ 23.154667, 21.861455, 22.553214, 23.225946 ] }, { "date": "2025-10-17", "close": 21.16, "volume": 3850145, "typical_volume": 3082936.4, "trend": 23.1575, "fair_value": 13.457692, "relative_strength": -22.135756, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.491908, "energy": 20.897463, "activity_lines": [ 22.804667, 21.861455, 22.26281, 23.103419 ] }, { "date": "2025-10-24", "close": 20.96, "volume": 2143127, "typical_volume": 3021885.6, "trend": 23.287833, "fair_value": 13.547821, "relative_strength": -24.603083, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.194507, "energy": 20.734017, "activity_lines": [ 22.308667, 21.824909, 21.979548, 22.961645 ] }, { "date": "2025-10-31", "close": 20.25, "volume": 1402883, "typical_volume": 2969913.2, "trend": 23.464167, "fair_value": 13.632949, "relative_strength": -28.601441, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.756692, "energy": 21.801526, "activity_lines": [ 21.592667, 21.626909, 21.678143, 22.765656 ] }, { "date": "2025-11-07", "close": 18.44, "volume": 3020163, "typical_volume": 3044632.0, "trend": 23.481167, "fair_value": 13.704487, "relative_strength": -32.808109, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.116508, "energy": 47.579177, "activity_lines": [ 20.317333, 21.098909, 21.249929, 22.441516 ] }, { "date": "2025-11-14", "close": 17.28, "volume": 1376181, "typical_volume": 2981164.25, "trend": 23.331167, "fair_value": 13.762308, "relative_strength": -36.70842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.070875, "energy": 65.553235, "activity_lines": [ 18.932667, 20.395636, 20.767857, 22.041441 ] }, { "date": "2025-11-21", "close": 17.45, "volume": 1709808, "typical_volume": 2955572.2, "trend": 23.1405, "fair_value": 13.821538, "relative_strength": -33.686933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.599975, "energy": 69.094044, "activity_lines": [ 18.21, 19.765818, 20.370024, 21.662011 ] }, { "date": "2025-11-28", "close": 18.25, "volume": 853171, "typical_volume": 2616097.3, "trend": 22.956167, "fair_value": 13.881667, "relative_strength": -33.667329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.83867, "energy": 66.508802, "activity_lines": [ 18.001333, 19.327273, 20.123286, 21.346495 ] }, { "date": "2025-12-05", "close": 19.67, "volume": 1255758, "typical_volume": 2444392.9, "trend": 22.8955, "fair_value": 13.950769, "relative_strength": -29.044548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.949736, "energy": 51.794096, "activity_lines": [ 18.446667, 19.200727, 20.034238, 21.134484 ] }, { "date": "2025-12-12", "close": 18.72, "volume": 1902489, "typical_volume": 2361099.85, "trend": 22.673833, "fair_value": 14.014744, "relative_strength": -30.677776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.774234, "energy": 34.326087, "activity_lines": [ 18.614, 18.924, 19.864571, 20.865097 ] }, { "date": "2025-12-19", "close": 17.35, "volume": 2550644, "typical_volume": 2372713.05, "trend": 22.457167, "fair_value": 14.074038, "relative_strength": -35.282989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.822534, "energy": 35.06327, "activity_lines": [ 18.306, 18.468727, 19.587905, 20.521624 ] }, { "date": "2025-12-26", "close": 16.74, "volume": 1113629, "typical_volume": 2317664.6, "trend": 22.1265, "fair_value": 14.13109, "relative_strength": -37.465573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.093978, "energy": 37.774387, "activity_lines": [ 17.79, 18.066364, 19.272048, 20.152774 ] }, { "date": "2026-01-02", "close": 16.72, "volume": 2293901, "typical_volume": 2316416.55, "trend": 21.638833, "fair_value": 14.185577, "relative_strength": -35.550858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.590906, "energy": 41.171364, "activity_lines": [ 17.314667, 17.740727, 18.975286, 19.803968 ] }, { "date": "2026-01-09", "close": 17.4, "volume": 3134342, "typical_volume": 2393052.9, "trend": 21.224833, "fair_value": 14.233397, "relative_strength": -33.60909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.841297, "energy": 55.578283, "activity_lines": [ 17.168, 17.615818, 18.755, 19.530495 ] }, { "date": "2026-01-16", "close": 16.85, "volume": 1876977, "typical_volume": 2354690.7, "trend": 20.7755, "fair_value": 14.278397, "relative_strength": -34.257791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.174644, "energy": 63.47718, "activity_lines": [ 16.989333, 17.442727, 18.495667, 19.248247 ] }, { "date": "2026-01-23", "close": 15.91, "volume": 2194025, "typical_volume": 2325262.6, "trend": 20.2535, "fair_value": 14.3175, "relative_strength": -37.108685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.942654, "energy": 66.587511, "activity_lines": [ 16.622, 17.127636, 18.163714, 18.934344 ] }, { "date": "2026-01-30", "close": 13.71, "volume": 2080856, "typical_volume": 2310772.6, "trend": 19.6045, "fair_value": 14.342756, "relative_strength": -44.949676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.444656, "energy": 79.701742, "activity_lines": [ 15.617333, 16.437455, 17.639905, 18.512183 ] }, { "date": "2026-02-06", "close": 14.69, "volume": 5820091, "typical_volume": 2506714.65, "trend": 19.328667, "fair_value": 14.375449, "relative_strength": -38.867398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.043767, "energy": 77.61008, "activity_lines": [ 15.141333, 15.993455, 17.239238, 18.195118 ] }, { "date": "2026-02-13", "close": 12.51, "volume": 2579031, "typical_volume": 2514862.45, "trend": 19.021, "fair_value": 14.4, "relative_strength": -46.208756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.798439, "energy": 86.710288, "activity_lines": [ 14.074, 15.217818, 16.662, 17.755204 ] }, { "date": "2026-02-20", "close": 12.49, "volume": 1097951, "typical_volume": 2425873.65, "trend": 18.649, "fair_value": 14.428718, "relative_strength": -45.989905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.77966, "energy": 88.445768, "activity_lines": [ 13.326, 14.568727, 16.122857, 17.333849 ] }, { "date": "2026-02-27", "close": 12.78, "volume": 1734767, "typical_volume": 2199496.95, "trend": 18.364333, "fair_value": 14.455128, "relative_strength": -43.747654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.181401, "energy": 80.722286, "activity_lines": [ 12.965333, 14.085636, 15.659476, 16.955204 ] }, { "date": "2026-03-06", "close": 11.99, "volume": 1387438, "typical_volume": 2076361.6, "trend": 18.059, "fair_value": 14.475064, "relative_strength": -45.838999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.270532, "energy": 82.318879, "activity_lines": [ 12.55, 13.542, 15.185524, 16.543957 ] }, { "date": "2026-03-13", "close": 9.64, "volume": 2237692, "typical_volume": 2081089.85, "trend": 17.741, "fair_value": 14.479551, "relative_strength": -55.373907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.089019, "energy": 88.633388, "activity_lines": [ 11.466, 12.657455, 14.531429, 16.000796 ] }, { "date": "2026-03-20", "close": 9.11, "volume": 2962030, "typical_volume": 2159047.2, "trend": 17.371333, "fair_value": 14.487821, "relative_strength": -56.466961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.669402, "energy": 89.389816, "activity_lines": [ 10.542, 11.805273, 13.880762, 15.443957 ] }, { "date": "2026-03-27", "close": 8.8, "volume": 1578634, "typical_volume": 2086970.75, "trend": 16.984667, "fair_value": 14.495577, "relative_strength": -56.055958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.103908, "energy": 90.584759, "activity_lines": [ 9.741333, 11.047455, 13.253619, 14.890968 ] }, { "date": "2026-04-03", "close": 9.04, "volume": 1212511, "typical_volume": 2078787.25, "trend": 16.632, "fair_value": 14.505769, "relative_strength": -56.109214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.439313, "energy": 87.757224, "activity_lines": [ 9.266667, 10.479636, 12.695238, 14.378409 ] }, { "date": "2026-04-10", "close": 5.68, "volume": 6426276, "typical_volume": 2314610.65, "trend": 16.155667, "fair_value": 14.499936, "relative_strength": -73.154989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.972226, "energy": 91.378772, "activity_lines": [ 7.921333, 9.425818, 11.856095, 13.671828 ] }, { "date": "2026-04-17", "close": 6.66, "volume": 4865322, "typical_volume": 2515218.2, "trend": 15.670667, "fair_value": 14.505641, "relative_strength": -69.699485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.097983, "energy": 79.251878, "activity_lines": [ 7.323333, 8.696182, 11.166333, 13.059204 ] }, { "date": "2026-04-24", "close": 6.15, "volume": 2861478, "typical_volume": 2595504.2, "trend": 15.178667, "fair_value": 14.511603, "relative_strength": -71.987119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.665796, "energy": 75.489778, "activity_lines": [ 6.754, 8.019818, 10.48319, 12.444968 ] }, { "date": "2026-05-01", "close": 5.75, "volume": 2452968, "typical_volume": 2623028.15, "trend": 14.617, "fair_value": 14.51609, "relative_strength": -73.589179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.13095, "energy": 80.232883, "activity_lines": [ 6.248667, 7.386364, 9.826333, 11.836667 ] }, { "date": "2026-05-08", "close": 5.33, "volume": 2341116, "typical_volume": 2612551.75, "trend": 13.916, "fair_value": 14.518205, "relative_strength": -76.276089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.770856, "energy": 87.974827, "activity_lines": [ 5.806667, 6.799091, 9.191238, 11.237505 ] }, { "date": "2026-05-15", "close": 4.96, "volume": 1975305, "typical_volume": 2655635.55, "trend": 13.376, "fair_value": 14.516538, "relative_strength": -77.272565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.757155, "energy": 91.026494, "activity_lines": [ 5.488667, 6.28, 8.578143, 10.659699 ] }, { "date": "2026-05-22", "close": 5.54, "volume": 1671144, "typical_volume": 2624497.7, "trend": 12.862, "fair_value": 14.521603, "relative_strength": -74.288507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.004793, "energy": 84.197402, "activity_lines": [ 5.412, 5.994182, 8.076381, 10.154151 ] }, { "date": "2026-05-29", "close": 6.24, "volume": 2308378, "typical_volume": 2583199.5, "trend": 12.395, "fair_value": 14.530192, "relative_strength": -71.055639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.095089, "energy": 67.201819, "activity_lines": [ 5.643333, 5.910182, 7.694524, 9.726925 ] }, { "date": "2026-06-05", "close": 5.92, "volume": 1812894, "typical_volume": 2579995.35, "trend": 11.977667, "fair_value": 14.535513, "relative_strength": -70.245946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.833895, "energy": 63.105938, "activity_lines": [ 5.762, 5.820182, 7.335333, 9.309183 ] }, { "date": "2026-06-12", "close": 6.35, "volume": 1301791, "typical_volume": 2535383.65, "trend": 11.613333, "fair_value": 14.546218, "relative_strength": -67.750261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.91061, "energy": 55.752559, "activity_lines": [ 6.012667, 5.860727, 7.069143, 8.946108 ] }, { "date": "2026-06-19", "close": 5.9, "volume": 1399554, "typical_volume": 2501318.55, "trend": 11.228333, "fair_value": 14.555256, "relative_strength": -69.754181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.888299, "energy": 51.630305, "activity_lines": [ 6.045333, 5.868364, 6.805619, 8.577505 ] }, { "date": "2026-06-26", "close": 5.73, "volume": 4174912, "typical_volume": 2419059.6, "trend": 10.811, "fair_value": 14.559872, "relative_strength": -68.084928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.567815, "energy": 53.200307, "activity_lines": [ 5.958667, 5.841091, 6.563095, 8.222774 ] }, { "date": "2026-07-03", "close": 6.97, "volume": 3065548, "typical_volume": 2443385.45, "trend": 10.387667, "fair_value": 14.573077, "relative_strength": -59.993015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.772593, "energy": 40.570787, "activity_lines": [ 6.272667, 6.056182, 6.481333, 7.974968 ] }, { "date": "2026-07-10", "close": 3.865, "volume": 9887376, "typical_volume": 2882856.7, "trend": 9.8925, "fair_value": 14.574391, "relative_strength": -77.570322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.965697, "energy": 65.724774, "activity_lines": [ 5.503, 5.691818, 6.130238, 7.554151 ] }, { "date": "2026-07-17", "close": 3.34, "volume": 4103607, "typical_volume": 3001298.7, "trend": 9.4255, "fair_value": 14.570224, "relative_strength": -79.201958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.48802, "energy": 73.07896, "activity_lines": [ 4.695333, 5.266273, 5.770214, 7.131409 ] }, { "date": "2026-07-24", "close": 3.54, "volume": 4214325, "typical_volume": 3142643.05, "trend": 8.9855, "fair_value": 14.568878, "relative_strength": -76.892107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.328616, "energy": 84.922369, "activity_lines": [ 4.155, 4.913273, 5.47419, 6.751699 ] }, { "date": "2026-07-31", "close": 4.55, "volume": 7338274, "typical_volume": 3397672.15, "trend": 8.579833, "fair_value": 14.575737, "relative_strength": -69.626118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.041562, "energy": 83.639329, "activity_lines": [ 4.108667, 4.769727, 5.314595, 6.465538 ] }, { "date": "2026-08-07", "close": 4.45, "volume": 3033062, "typical_volume": 3401223.75, "trend": 8.148167, "fair_value": 14.58234, "relative_strength": -70.943081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.64504, "energy": 62.882425, "activity_lines": [ 4.107667, 4.626, 5.169714, 6.199097 ] } ], "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." } } }