{ "ticker": { "uuid": "4bd35519-e4d7-4b4e-8b51-661234cd0f39", "symbol": "NXE", "name": "NexGen Energy Ltd.", "exchange": "NYSE", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 52.405, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.297, "architecture_energy": 39.839, "architecture_maturity": 20.449, "architecture_confidence": 91.909, "architecture_tenure": "New", "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": 21.82, "rotation_up": 21.71, "upward_expansion": 4.85, "deceleration": 52.61, "rotation_down": 54.7, "downward_expansion": 80.52 }, "activity_lines": [ 9.562667, 9.608545, 10.210095, 10.642796 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 10.43, "trend_reference": 11.163, "distance_from_trend": -0.065663, "trend_direction": "Improving", "fair_value": 7.78609, "distance_from_fair_value": 0.339568, "fair_value_direction": "Weakening", "relative_strength": -7.843453, "relative_strength_direction": "Weakening", "price_momentum": -0.055254, "excess_performance": -0.180879, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.065663, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.019856, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.339568, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.318016, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.078435, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.258818, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.055254, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.783527, "read": "Supply-led" } ], "volume": { "latest": 20615480, "relative_activity": 0.752425, "balance": 0.783527, "dry_up": 0.887449, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.116506, "annualized_volatility": 0.459894, "from_high_reference": -0.252865, "from_low_reference": 0.666134 }, "levels": { "trend_reference": 11.163, "fair_value_reference": 7.78609, "structural_low": 8.5884, "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": 11, "median_return": 0.117166, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": 0.055263, "regime_survival": 0.545455, "best_return": 0.330671, "worst_return": -0.025641, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.154908, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.088089, "regime_survival": 0.0, "best_return": 0.413646, "worst_return": -0.098039, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.143902, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.180114, "regime_survival": 0.2, "best_return": 0.626866, "worst_return": -0.106754, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.119632, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.08032, "regime_survival": 0.0, "best_return": 1.041026, "worst_return": 0.021786, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-10-18", "tenure": "New", "return": 0.173239, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-29", "tenure": "Developing", "return": 0.12085, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2024-12-20", "tenure": "New", "return": -0.168459, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-02-07", "tenure": "Developing", "return": -0.043924, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": -0.200988, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-05-23", "tenure": "Developing", "return": 0.33049, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.035599, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.101056, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2026-03-20", "tenure": "Extended", "return": 0.737654, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.121377, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": -0.074135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-12", "tenure": "New", "return": -0.075985, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-19", "end": "2026-07-10", "tenure": "New", "return": -0.092019, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.185227, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.86, "volume": 12361986, "typical_volume": 9219382.0, "trend": 4.289333, "fair_value": 4.065787, "relative_strength": 5.429198, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.069695, "energy": 53.515597, "activity_lines": [ 4.834667, 4.747455, 4.545429, 4.385978 ] }, { "date": "2023-08-25", "close": 5.19, "volume": 22907528, "typical_volume": 9932179.65, "trend": 4.301, "fair_value": 4.086299, "relative_strength": 11.387852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.247215, "energy": 67.643129, "activity_lines": [ 4.968, 4.836182, 4.628429, 4.444086 ] }, { "date": "2023-09-01", "close": 5.27, "volume": 15289440, "typical_volume": 10359498.7, "trend": 4.322667, "fair_value": 4.108799, "relative_strength": 10.127797, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.568147, "energy": 78.864622, "activity_lines": [ 5.091333, 4.931273, 4.711381, 4.506602 ] }, { "date": "2023-09-08", "close": 5.47, "volume": 14698514, "typical_volume": 10746348.3, "trend": 4.348667, "fair_value": 4.132692, "relative_strength": 15.598898, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.043909, "energy": 83.693929, "activity_lines": [ 5.244, 5.049636, 4.806095, 4.580624 ] }, { "date": "2023-09-15", "close": 6.23, "volume": 34772610, "typical_volume": 12091594.05, "trend": 4.402333, "fair_value": 4.161154, "relative_strength": 31.121739, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.578201, "energy": 95.999607, "activity_lines": [ 5.605333, 5.292364, 4.964143, 4.702 ] }, { "date": "2023-09-22", "close": 6.12, "volume": 24176776, "typical_volume": 12813866.35, "trend": 4.469667, "fair_value": 4.189359, "relative_strength": 31.63204, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.189515, "energy": 92.907247, "activity_lines": [ 5.844, 5.483273, 5.100619, 4.812817 ] }, { "date": "2023-09-29", "close": 5.97, "volume": 38820005, "typical_volume": 14390262.85, "trend": 4.522, "fair_value": 4.216667, "relative_strength": 28.482058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.145381, "energy": 86.61782, "activity_lines": [ 5.948667, 5.619091, 5.212238, 4.909613 ] }, { "date": "2023-10-06", "close": 5.71, "volume": 29877040, "typical_volume": 15633648.0, "trend": 4.582667, "fair_value": 4.242179, "relative_strength": 21.743985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.955254, "energy": 73.525813, "activity_lines": [ 5.914667, 5.683455, 5.290238, 4.986258 ] }, { "date": "2023-10-13", "close": 5.58, "volume": 14348443, "typical_volume": 15978728.15, "trend": 4.645333, "fair_value": 4.267244, "relative_strength": 17.887831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.889205, "energy": 54.864217, "activity_lines": [ 5.808, 5.706, 5.347333, 5.050602 ] }, { "date": "2023-10-20", "close": 5.61, "volume": 24170078, "typical_volume": 16341835.2, "trend": 4.711667, "fair_value": 4.291731, "relative_strength": 20.92954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.132163, "energy": 39.173905, "activity_lines": [ 5.704, 5.719818, 5.39881, 5.112839 ] }, { "date": "2023-10-27", "close": 5.75, "volume": 25062690, "typical_volume": 17184906.4, "trend": 4.775667, "fair_value": 4.317885, "relative_strength": 26.478441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.949111, "energy": 31.844625, "activity_lines": [ 5.688, 5.746909, 5.458048, 5.179828 ] }, { "date": "2023-11-03", "close": 5.99, "volume": 27018506, "typical_volume": 17991205.9, "trend": 4.856, "fair_value": 4.345321, "relative_strength": 23.913461, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.811859, "energy": 35.406381, "activity_lines": [ 5.776667, 5.801455, 5.533667, 5.258172 ] }, { "date": "2023-11-10", "close": 5.99, "volume": 24679116, "typical_volume": 18938357.75, "trend": 4.931, "fair_value": 4.371987, "relative_strength": 21.854893, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.882674, "energy": 40.203828, "activity_lines": [ 5.864, 5.841455, 5.603333, 5.331333 ] }, { "date": "2023-11-17", "close": 6.38, "volume": 33092682, "typical_volume": 20024952.55, "trend": 5.024667, "fair_value": 4.401987, "relative_strength": 26.200788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.301894, "energy": 51.426685, "activity_lines": [ 6.062667, 5.939273, 5.703286, 5.424817 ] }, { "date": "2023-11-24", "close": 6.65, "volume": 14524166, "typical_volume": 20291169.6, "trend": 5.116333, "fair_value": 4.432756, "relative_strength": 29.574105, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.268614, "energy": 70.181941, "activity_lines": [ 6.298, 6.069636, 5.821, 5.529677 ] }, { "date": "2023-12-01", "close": 6.46, "volume": 28988506, "typical_volume": 21238330.15, "trend": 5.201667, "fair_value": 4.460256, "relative_strength": 24.223769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.251077, "energy": 67.82954, "activity_lines": [ 6.400667, 6.157818, 5.910286, 5.616366 ] }, { "date": "2023-12-08", "close": 6.87, "volume": 21434214, "typical_volume": 21946178.6, "trend": 5.293667, "fair_value": 4.487949, "relative_strength": 30.800298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.344958, "energy": 77.515981, "activity_lines": [ 6.592667, 6.314364, 6.029714, 5.724 ] }, { "date": "2023-12-15", "close": 6.8, "volume": 33939973, "typical_volume": 23158964.1, "trend": 5.389667, "fair_value": 4.513397, "relative_strength": 25.653798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.607061, "energy": 74.097528, "activity_lines": [ 6.702667, 6.441818, 6.131857, 5.821183 ] }, { "date": "2023-12-22", "close": 6.92, "volume": 37002542, "typical_volume": 24430591.6, "trend": 5.493667, "fair_value": 4.540256, "relative_strength": 26.047235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.136774, "energy": 65.117472, "activity_lines": [ 6.798667, 6.571273, 6.235476, 5.919914 ] }, { "date": "2023-12-29", "close": 7.0, "volume": 11660699, "typical_volume": 24441275.7, "trend": 5.579, "fair_value": 4.567436, "relative_strength": 26.436915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.519952, "energy": 68.991, "activity_lines": [ 6.885333, 6.690909, 6.336619, 6.017097 ] }, { "date": "2024-01-05", "close": 6.73, "volume": 16423862, "typical_volume": 24644369.5, "trend": 5.657, "fair_value": 4.591795, "relative_strength": 22.897286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.236465, "energy": 52.410488, "activity_lines": [ 6.858667, 6.736182, 6.402238, 6.091355 ] }, { "date": "2024-01-12", "close": 7.84, "volume": 45175736, "typical_volume": 25757779.9, "trend": 5.760333, "fair_value": 4.625128, "relative_strength": 39.499266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.041989, "energy": 63.288685, "activity_lines": [ 7.184, 6.965455, 6.564667, 6.232194 ] }, { "date": "2024-01-19", "close": 7.6, "volume": 33408361, "typical_volume": 26663725.95, "trend": 5.862, "fair_value": 4.655897, "relative_strength": 32.788053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.000203, "energy": 63.492091, "activity_lines": [ 7.364667, 7.117455, 6.691619, 6.350882 ] }, { "date": "2024-01-26", "close": 7.36, "volume": 26521094, "typical_volume": 27254854.95, "trend": 5.950333, "fair_value": 4.685064, "relative_strength": 26.667555, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.103045, "energy": 55.432565, "activity_lines": [ 7.412, 7.196545, 6.784619, 6.447527 ] }, { "date": "2024-02-02", "close": 8.12, "volume": 41511378, "typical_volume": 27591793.35, "trend": 6.071667, "fair_value": 4.713462, "relative_strength": 36.672097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.822078, "energy": 75.283034, "activity_lines": [ 7.683333, 7.396, 6.941, 6.587505 ] }, { "date": "2024-02-09", "close": 7.6, "volume": 35839051, "typical_volume": 28174907.1, "trend": 6.172, "fair_value": 4.736538, "relative_strength": 25.469975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.680802, "energy": 55.286886, "activity_lines": [ 7.706667, 7.474182, 7.038857, 6.686108 ] }, { "date": "2024-02-16", "close": 7.43, "volume": 26500323, "typical_volume": 27558923.0, "trend": 6.265, "fair_value": 4.759295, "relative_strength": 22.424494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.593161, "energy": 48.73319, "activity_lines": [ 7.615333, 7.500727, 7.113476, 6.767269 ] }, { "date": "2024-02-23", "close": 6.83, "volume": 23185600, "typical_volume": 27224351.0, "trend": 6.335667, "fair_value": 4.780641, "relative_strength": 10.176248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.030183, "energy": 33.569214, "activity_lines": [ 7.351333, 7.408, 7.124, 6.80372 ] }, { "date": "2024-03-01", "close": 7.72, "volume": 40891578, "typical_volume": 28551507.75, "trend": 6.433, "fair_value": 4.808141, "relative_strength": 22.546555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.368745, "energy": 29.420278, "activity_lines": [ 7.435333, 7.476545, 7.213952, 6.893032 ] }, { "date": "2024-03-08", "close": 7.35, "volume": 31169024, "typical_volume": 28901455.05, "trend": 6.513333, "fair_value": 4.831923, "relative_strength": 16.179853, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.567028, "energy": 20.965755, "activity_lines": [ 7.372, 7.463273, 7.258476, 6.952194 ] }, { "date": "2024-03-15", "close": 7.43, "volume": 37951685, "typical_volume": 29545904.8, "trend": 6.599, "fair_value": 4.855385, "relative_strength": 16.617415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.27798, "energy": 19.420269, "activity_lines": [ 7.386667, 7.458182, 7.302333, 7.011333 ] }, { "date": "2024-03-22", "close": 7.74, "volume": 20644107, "typical_volume": 29227184.85, "trend": 6.684, "fair_value": 4.882436, "relative_strength": 17.820756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.07526, "energy": 32.596839, "activity_lines": [ 7.516, 7.496727, 7.367714, 7.084946 ] }, { "date": "2024-03-29", "close": 7.77, "volume": 18188610, "typical_volume": 28902659.55, "trend": 6.767333, "fair_value": 4.907885, "relative_strength": 16.900286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.550859, "energy": 32.105552, "activity_lines": [ 7.634667, 7.542545, 7.427619, 7.155011 ] }, { "date": "2024-04-05", "close": 8.43, "volume": 34609007, "typical_volume": 28978475.8, "trend": 6.866, "fair_value": 4.936346, "relative_strength": 26.550954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.914577, "energy": 48.274059, "activity_lines": [ 7.910667, 7.705273, 7.541905, 7.26228 ] }, { "date": "2024-04-12", "close": 8.01, "volume": 32187101, "typical_volume": 29861622.55, "trend": 6.925333, "fair_value": 4.963974, "relative_strength": 20.857986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.047859, "energy": 52.609047, "activity_lines": [ 7.999333, 7.772182, 7.606429, 7.336086 ] }, { "date": "2024-04-19", "close": 7.61, "volume": 22807580, "typical_volume": 29552576.25, "trend": 6.975, "fair_value": 4.989744, "relative_strength": 17.316437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.175116, "energy": 41.827189, "activity_lines": [ 7.910667, 7.768364, 7.626381, 7.380258 ] }, { "date": "2024-04-26", "close": 7.96, "volume": 19248650, "typical_volume": 29443298.05, "trend": 7.041333, "fair_value": 5.01641, "relative_strength": 18.479954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.855409, "energy": 35.93479, "activity_lines": [ 7.926667, 7.828, 7.67419, 7.443806 ] }, { "date": "2024-05-03", "close": 8.29, "volume": 40657118, "typical_volume": 29779155.3, "trend": 7.127333, "fair_value": 5.038782, "relative_strength": 21.489678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.316982, "energy": 36.110749, "activity_lines": [ 8.038, 7.938, 7.748238, 7.524366 ] }, { "date": "2024-05-10", "close": 7.2, "volume": 48779170, "typical_volume": 30367986.7, "trend": 7.181333, "fair_value": 5.057885, "relative_strength": 3.032815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.69394, "energy": 13.053628, "activity_lines": [ 7.751333, 7.823273, 7.711381, 7.529054 ] }, { "date": "2024-05-17", "close": 7.99, "volume": 40444054, "typical_volume": 31807154.45, "trend": 7.260667, "fair_value": 5.079744, "relative_strength": 11.584282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.277385, "energy": 19.271681, "activity_lines": [ 7.81, 7.861636, 7.748429, 7.581226 ] }, { "date": "2024-05-24", "close": 7.77, "volume": 29964377, "typical_volume": 32484180.2, "trend": 7.328, "fair_value": 5.099808, "relative_strength": 7.672334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.035206, "energy": 15.180928, "activity_lines": [ 7.796667, 7.848364, 7.75981, 7.614086 ] }, { "date": "2024-05-31", "close": 7.78, "volume": 16125419, "typical_volume": 31031664.35, "trend": 7.387667, "fair_value": 5.118718, "relative_strength": 7.592634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.792196, "energy": 14.925823, "activity_lines": [ 7.776, 7.830727, 7.76719, 7.643247 ] }, { "date": "2024-06-07", "close": 6.9, "volume": 26728368, "typical_volume": 30697664.7, "trend": 7.418, "fair_value": 5.131731, "relative_strength": -6.100968, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.934144, "energy": 6.177386, "activity_lines": [ 7.474, 7.652364, 7.691048, 7.611785 ] }, { "date": "2024-06-14", "close": 7.04, "volume": 23270266, "typical_volume": 30535123.3, "trend": 7.44, "fair_value": 5.150192, "relative_strength": -6.015332, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.058286, "energy": 22.169878, "activity_lines": [ 7.311333, 7.515273, 7.631571, 7.587398 ] }, { "date": "2024-06-21", "close": 6.9, "volume": 15122056, "typical_volume": 29215657.2, "trend": 7.448333, "fair_value": 5.166923, "relative_strength": -8.728933, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.56913, "energy": 36.225452, "activity_lines": [ 7.112667, 7.378, 7.560286, 7.552559 ] }, { "date": "2024-06-28", "close": 6.98, "volume": 20876205, "typical_volume": 28467514.9, "trend": 7.465667, "fair_value": 5.184103, "relative_strength": -7.8832, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.571033, "energy": 44.134125, "activity_lines": [ 7.013333, 7.275455, 7.502429, 7.522344 ] }, { "date": "2024-07-05", "close": 6.96, "volume": 9568033, "typical_volume": 27620900.4, "trend": 7.468667, "fair_value": 5.202628, "relative_strength": -10.144519, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.566123, "energy": 43.317171, "activity_lines": [ 6.96, 7.180727, 7.445619, 7.48972 ] }, { "date": "2024-07-12", "close": 7.41, "volume": 17595648, "typical_volume": 27341402.8, "trend": 7.489, "fair_value": 5.226474, "relative_strength": -5.62215, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -51.925232, "energy": 34.441592, "activity_lines": [ 7.111333, 7.186, 7.433905, 7.485935 ] }, { "date": "2024-07-19", "close": 6.56, "volume": 20079876, "typical_volume": 26300817.7, "trend": 7.477, "fair_value": 5.243718, "relative_strength": -14.954157, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.279329, "energy": 37.840158, "activity_lines": [ 6.945333, 7.052727, 7.338476, 7.426 ] }, { "date": "2024-07-26", "close": 6.52, "volume": 18188786, "typical_volume": 25651805.8, "trend": 7.461, "fair_value": 5.258333, "relative_strength": -14.94356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.63537, "energy": 40.771115, "activity_lines": [ 6.798, 6.923818, 7.244762, 7.364258 ] }, { "date": "2024-08-02", "close": 5.55, "volume": 33814780, "typical_volume": 25444960.55, "trend": 7.421667, "fair_value": 5.268077, "relative_strength": -25.981337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.791482, "energy": 64.946385, "activity_lines": [ 6.352667, 6.645273, 7.062619, 7.240968 ] }, { "date": "2024-08-09", "close": 5.58, "volume": 32047770, "typical_volume": 26015143.7, "trend": 7.346333, "fair_value": 5.277756, "relative_strength": -25.515252, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.447925, "energy": 79.524928, "activity_lines": [ 6.012667, 6.412545, 6.892286, 7.122151 ] }, { "date": "2024-08-16", "close": 5.96, "volume": 16717029, "typical_volume": 25941564.65, "trend": 7.291667, "fair_value": 5.292115, "relative_strength": -23.446358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.827181, "energy": 76.475619, "activity_lines": [ 5.891333, 6.288909, 6.768429, 7.03271 ] }, { "date": "2024-08-23", "close": 6.4, "volume": 25373947, "typical_volume": 25479811.65, "trend": 7.259667, "fair_value": 5.304744, "relative_strength": -18.874254, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.295951, "energy": 69.779503, "activity_lines": [ 6.013333, 6.262364, 6.695095, 6.975183 ] }, { "date": "2024-08-30", "close": 6.03, "volume": 24179544, "typical_volume": 25079433.8, "trend": 7.19, "fair_value": 5.306923, "relative_strength": -23.654531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.185299, "energy": 48.900072, "activity_lines": [ 6.022667, 6.180182, 6.59619, 6.895849 ] }, { "date": "2024-09-06", "close": 5.31, "volume": 17946184, "typical_volume": 24836364.0, "trend": 7.113667, "fair_value": 5.303526, "relative_strength": -29.615575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.514087, "energy": 50.291372, "activity_lines": [ 5.824667, 5.982909, 6.438143, 6.774559 ] }, { "date": "2024-09-13", "close": 5.73, "volume": 20095213, "typical_volume": 24878692.15, "trend": 7.057, "fair_value": 5.306987, "relative_strength": -26.569422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.098424, "energy": 43.571336, "activity_lines": [ 5.782667, 5.892364, 6.331048, 6.68529 ] }, { "date": "2024-09-20", "close": 6.26, "volume": 23482513, "typical_volume": 24019961.9, "trend": 7.038, "fair_value": 5.317949, "relative_strength": -20.528749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.08783, "energy": 38.256053, "activity_lines": [ 5.907333, 5.920545, 6.285048, 6.633871 ] }, { "date": "2024-09-27", "close": 6.63, "volume": 40620278, "typical_volume": 23612017.3, "trend": 7.001667, "fair_value": 5.32891, "relative_strength": -16.008308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.209564, "energy": 26.152589, "activity_lines": [ 6.135333, 6.036909, 6.283952, 6.607548 ] }, { "date": "2024-10-04", "close": 6.91, "volume": 25081784, "typical_volume": 22843903.8, "trend": 6.987, "fair_value": 5.342372, "relative_strength": -12.519653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.224081, "energy": 16.164525, "activity_lines": [ 6.441333, 6.202909, 6.312238, 6.601634 ] }, { "date": "2024-10-11", "close": 7.1, "volume": 22883790, "typical_volume": 22489874.45, "trend": 6.976, "fair_value": 5.349487, "relative_strength": -11.03151, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.564605, "energy": 18.597511, "activity_lines": [ 6.752, 6.396364, 6.363762, 6.608925 ] }, { "date": "2024-10-18", "close": 8.33, "volume": 35088159, "typical_volume": 23438011.45, "trend": 6.995667, "fair_value": 5.365, "relative_strength": 3.378597, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.493195, "energy": 49.762467, "activity_lines": [ 7.353333, 6.785273, 6.535619, 6.69628 ] }, { "date": "2024-10-25", "close": 7.53, "volume": 24797126, "typical_volume": 23341449.35, "trend": 6.987667, "fair_value": 5.377949, "relative_strength": -5.497544, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.723977, "energy": 51.826229, "activity_lines": [ 7.514667, 6.978727, 6.628667, 6.730753 ] }, { "date": "2024-11-01", "close": 7.23, "volume": 20234793, "typical_volume": 23189675.7, "trend": 6.947667, "fair_value": 5.386346, "relative_strength": -7.823199, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.710366, "energy": 55.430561, "activity_lines": [ 7.491333, 7.089091, 6.690143, 6.746387 ] }, { "date": "2024-11-08", "close": 7.38, "volume": 35108617, "typical_volume": 24189003.75, "trend": 6.926667, "fair_value": 5.396538, "relative_strength": -9.999545, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.93853, "energy": 51.313306, "activity_lines": [ 7.478, 7.211636, 6.765, 6.77428 ] }, { "date": "2024-11-15", "close": 7.38, "volume": 38683886, "typical_volume": 25079387.8, "trend": 6.919, "fair_value": 5.411667, "relative_strength": -7.862504, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.427274, "energy": 27.719995, "activity_lines": [ 7.433333, 7.309636, 6.837571, 6.803527 ] }, { "date": "2024-11-22", "close": 8.88, "volume": 52320774, "typical_volume": 27217024.85, "trend": 6.949667, "fair_value": 5.438077, "relative_strength": 9.031108, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.170469, "energy": 48.144311, "activity_lines": [ 7.87, 7.642727, 7.051095, 6.930043 ] }, { "date": "2024-11-29", "close": 8.44, "volume": 18369777, "typical_volume": 27255731.3, "trend": 6.954667, "fair_value": 5.464359, "relative_strength": 2.454591, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.304453, "energy": 65.868142, "activity_lines": [ 8.123333, 7.838545, 7.213571, 7.026194 ] }, { "date": "2024-12-06", "close": 8.37, "volume": 32518326, "typical_volume": 27877653.8, "trend": 6.993667, "fair_value": 5.490256, "relative_strength": 0.918613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.36786, "energy": 71.627711, "activity_lines": [ 8.292667, 7.982, 7.364476, 7.117505 ] }, { "date": "2024-12-13", "close": 7.5, "volume": 29284354, "typical_volume": 28432432.2, "trend": 6.977333, "fair_value": 5.511667, "relative_strength": -8.747755, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.948577, "energy": 60.87934, "activity_lines": [ 8.096, 7.935636, 7.423905, 7.150172 ] }, { "date": "2024-12-20", "close": 6.96, "volume": 32922814, "typical_volume": 28387833.9, "trend": 6.950333, "fair_value": 5.527564, "relative_strength": -13.364814, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.482737, "energy": 25.120947, "activity_lines": [ 7.711333, 7.780364, 7.427238, 7.149054 ] }, { "date": "2024-12-27", "close": 6.83, "volume": 17307187, "typical_volume": 27650804.75, "trend": 6.918667, "fair_value": 5.543333, "relative_strength": -15.121692, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.524005, "energy": 19.310858, "activity_lines": [ 7.311333, 7.604, 7.411476, 7.14129 ] }, { "date": "2025-01-03", "close": 7.44, "volume": 40481151, "typical_volume": 28839010.85, "trend": 6.936667, "fair_value": 5.561282, "relative_strength": -6.798232, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.613308, "energy": 24.288511, "activity_lines": [ 7.251333, 7.565818, 7.447857, 7.174925 ] }, { "date": "2025-01-10", "close": 6.78, "volume": 25724682, "typical_volume": 28856547.6, "trend": 6.928, "fair_value": 5.575192, "relative_strength": -12.770127, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.21797, "energy": 17.141273, "activity_lines": [ 7.038, 7.409273, 7.414333, 7.164817 ] }, { "date": "2025-01-17", "close": 6.87, "volume": 33728893, "typical_volume": 29334015.05, "trend": 6.927, "fair_value": 5.593205, "relative_strength": -13.58656, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.470127, "energy": 16.948938, "activity_lines": [ 6.960667, 7.277273, 7.387571, 7.161075 ] }, { "date": "2025-01-24", "close": 7.24, "volume": 37586532, "typical_volume": 30316032.45, "trend": 6.935667, "fair_value": 5.614615, "relative_strength": -10.048704, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.049506, "energy": 12.455205, "activity_lines": [ 7.048667, 7.221818, 7.392048, 7.181269 ] }, { "date": "2025-01-31", "close": 6.56, "volume": 57902983, "typical_volume": 32206420.95, "trend": 6.922333, "fair_value": 5.630321, "relative_strength": -16.97251, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.421302, "energy": 25.163959, "activity_lines": [ 6.891333, 7.045273, 7.322571, 7.157032 ] }, { "date": "2025-02-07", "close": 6.53, "volume": 38498260, "typical_volume": 32957208.3, "trend": 6.893, "fair_value": 5.642756, "relative_strength": -16.659807, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.509539, "energy": 30.229898, "activity_lines": [ 6.742, 6.905455, 7.246286, 7.13172 ] }, { "date": "2025-02-14", "close": 6.07, "volume": 35197888, "typical_volume": 32686088.8, "trend": 6.876667, "fair_value": 5.655064, "relative_strength": -23.08582, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.189114, "energy": 40.008867, "activity_lines": [ 6.5, 6.716727, 7.124905, 7.078624 ] }, { "date": "2025-02-21", "close": 5.59, "volume": 37852408, "typical_volume": 33324620.0, "trend": 6.845667, "fair_value": 5.660192, "relative_strength": -27.552459, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.761379, "energy": 65.607505, "activity_lines": [ 6.145333, 6.482545, 6.960476, 6.995613 ] }, { "date": "2025-02-28", "close": 5.29, "volume": 63009656, "typical_volume": 35330913.3, "trend": 6.837, "fair_value": 5.661538, "relative_strength": -30.113061, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.429718, "energy": 72.837753, "activity_lines": [ 5.776, 6.228545, 6.773762, 6.895247 ] }, { "date": "2025-03-07", "close": 4.85, "volume": 61911375, "typical_volume": 36672074.1, "trend": 6.812667, "fair_value": 5.656859, "relative_strength": -33.277406, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.184263, "energy": 88.431924, "activity_lines": [ 5.39, 5.924909, 6.553762, 6.767054 ] }, { "date": "2025-03-14", "close": 4.69, "volume": 53067149, "typical_volume": 38085575.25, "trend": 6.770333, "fair_value": 5.650577, "relative_strength": -33.327382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.379894, "energy": 91.741621, "activity_lines": [ 5.064667, 5.628182, 6.335095, 6.630108 ] }, { "date": "2025-03-21", "close": 4.92, "volume": 56690979, "typical_volume": 39908384.55, "trend": 6.721, "fair_value": 5.645064, "relative_strength": -29.73133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.490857, "energy": 87.249853, "activity_lines": [ 4.938667, 5.423273, 6.151857, 6.510731 ] }, { "date": "2025-03-28", "close": 4.55, "volume": 46007175, "typical_volume": 40453312.45, "trend": 6.671667, "fair_value": 5.638141, "relative_strength": -33.334886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.924209, "energy": 87.568698, "activity_lines": [ 4.766, 5.184909, 5.944381, 6.370667 ] }, { "date": "2025-04-04", "close": 4.18, "volume": 57854106, "typical_volume": 41411823.45, "trend": 6.634, "fair_value": 5.625256, "relative_strength": -31.774242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.872698, "energy": 87.94695, "activity_lines": [ 4.539333, 4.921455, 5.715143, 6.209914 ] }, { "date": "2025-04-11", "close": 4.64, "volume": 73306909, "typical_volume": 42461130.2, "trend": 6.597667, "fair_value": 5.615064, "relative_strength": -27.504738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.568139, "energy": 67.248732, "activity_lines": [ 4.54, 4.797273, 5.544952, 6.081269 ] }, { "date": "2025-04-18", "close": 4.74, "volume": 31241942, "typical_volume": 43104738.45, "trend": 6.547, "fair_value": 5.612372, "relative_strength": -24.084106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.49271, "energy": 61.359795, "activity_lines": [ 4.588, 4.726182, 5.404476, 5.961419 ] }, { "date": "2025-04-25", "close": 5.1, "volume": 37548471, "typical_volume": 43356245.7, "trend": 6.496, "fair_value": 5.613462, "relative_strength": -21.068209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.653583, "energy": 52.324138, "activity_lines": [ 4.752667, 4.753091, 5.315905, 5.868065 ] }, { "date": "2025-05-02", "close": 5.33, "volume": 46865496, "typical_volume": 44235302.8, "trend": 6.443333, "fair_value": 5.619103, "relative_strength": -18.922621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.000533, "energy": 36.435584, "activity_lines": [ 4.982, 4.839455, 5.26481, 5.792839 ] }, { "date": "2025-05-09", "close": 5.73, "volume": 49811075, "typical_volume": 45079715.85, "trend": 6.397667, "fair_value": 5.629295, "relative_strength": -11.902522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.35038, "energy": 27.648343, "activity_lines": [ 5.292667, 5.003273, 5.262143, 5.746817 ] }, { "date": "2025-05-16", "close": 5.46, "volume": 43452046, "typical_volume": 46386958.8, "trend": 6.302, "fair_value": 5.635256, "relative_strength": -19.453211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.366504, "energy": 28.069381, "activity_lines": [ 5.41, 5.11, 5.239619, 5.686323 ] }, { "date": "2025-05-23", "close": 6.24, "volume": 41036747, "typical_volume": 46414738.6, "trend": 6.259, "fair_value": 5.643974, "relative_strength": -4.892621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.500523, "energy": 24.406303, "activity_lines": [ 5.732667, 5.347455, 5.297905, 5.682323 ] }, { "date": "2025-05-30", "close": 6.18, "volume": 41955106, "typical_volume": 47226259.8, "trend": 6.224, "fair_value": 5.653526, "relative_strength": -6.744925, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.185278, "energy": 27.892484, "activity_lines": [ 5.935333, 5.545818, 5.35619, 5.677226 ] }, { "date": "2025-06-06", "close": 6.4, "volume": 44414556, "typical_volume": 47760542.95, "trend": 6.191333, "fair_value": 5.664615, "relative_strength": -4.604665, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 14.371296, "energy": 33.152026, "activity_lines": [ 6.139333, 5.761273, 5.438286, 5.688581 ] }, { "date": "2025-06-13", "close": 6.63, "volume": 55068055, "typical_volume": 48634619.1, "trend": 6.166333, "fair_value": 5.684038, "relative_strength": -0.475284, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.293894, "energy": 57.847674, "activity_lines": [ 6.348667, 5.984909, 5.544524, 5.716882 ] }, { "date": "2025-06-20", "close": 6.6, "volume": 52092393, "typical_volume": 48344089.6, "trend": 6.090333, "fair_value": 5.701603, "relative_strength": -0.47148, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.166554, "energy": 59.697457, "activity_lines": [ 6.488, 6.158545, 5.65081, 5.74486 ] }, { "date": "2025-06-27", "close": 6.8, "volume": 54534499, "typical_volume": 49145901.55, "trend": 6.035667, "fair_value": 5.721282, "relative_strength": -0.565653, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.121274, "energy": 59.871854, "activity_lines": [ 6.618, 6.332909, 5.775952, 5.790645 ] }, { "date": "2025-07-04", "close": 6.79, "volume": 27994188, "typical_volume": 48785716.55, "trend": 5.983, "fair_value": 5.740064, "relative_strength": -2.055173, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.433963, "energy": 58.792317, "activity_lines": [ 6.707333, 6.468, 5.898857, 5.839312 ] }, { "date": "2025-07-11", "close": 6.62, "volume": 36743652, "typical_volume": 48730278.75, "trend": 5.953667, "fair_value": 5.758974, "relative_strength": -3.77978, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.710512, "energy": 48.202488, "activity_lines": [ 6.699333, 6.541455, 6.002143, 5.880409 ] }, { "date": "2025-07-18", "close": 6.94, "volume": 45261270, "typical_volume": 47842859.45, "trend": 5.953, "fair_value": 5.779872, "relative_strength": 0.416775, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.665541, "energy": 48.152132, "activity_lines": [ 6.783333, 6.649636, 6.131, 5.944043 ] }, { "date": "2025-07-25", "close": 7.3, "volume": 41865409, "typical_volume": 46840561.15, "trend": 5.968667, "fair_value": 5.798718, "relative_strength": 4.16857, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.908626, "energy": 67.096939, "activity_lines": [ 6.966667, 6.801273, 6.286286, 6.030946 ] }, { "date": "2025-08-01", "close": 6.48, "volume": 30271431, "typical_volume": 45700775.25, "trend": 5.936667, "fair_value": 5.813141, "relative_strength": -5.224997, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.119636, "energy": 44.023889, "activity_lines": [ 6.83, 6.770364, 6.35181, 6.063935 ] }, { "date": "2025-08-08", "close": 6.88, "volume": 34083838, "typical_volume": 44570418.2, "trend": 5.94, "fair_value": 5.830962, "relative_strength": -1.850205, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.794842, "energy": 43.42691, "activity_lines": [ 6.848, 6.807818, 6.446905, 6.124796 ] }, { "date": "2025-08-15", "close": 6.82, "volume": 24805668, "typical_volume": 43510342.85, "trend": 5.938333, "fair_value": 5.85141, "relative_strength": -3.604468, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.566771, "energy": 39.058942, "activity_lines": [ 6.84, 6.821636, 6.526952, 6.18157 ] }, { "date": "2025-08-22", "close": 7.1, "volume": 42600849, "typical_volume": 42747680.0, "trend": 5.933667, "fair_value": 5.870705, "relative_strength": 0.154144, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.687427, "energy": 38.665154, "activity_lines": [ 6.912, 6.878727, 6.622857, 6.256516 ] }, { "date": "2025-08-29", "close": 7.88, "volume": 41754628, "typical_volume": 41170065.95, "trend": 5.977667, "fair_value": 5.894359, "relative_strength": 10.932714, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.702274, "energy": 56.798444, "activity_lines": [ 7.233333, 7.069091, 6.779143, 6.382086 ] }, { "date": "2025-09-05", "close": 7.8, "volume": 28055828, "typical_volume": 41010760.25, "trend": 6.02, "fair_value": 5.914872, "relative_strength": 9.034655, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.957038, "energy": 69.863231, "activity_lines": [ 7.489333, 7.221636, 6.912381, 6.499656 ] }, { "date": "2025-09-12", "close": 7.63, "volume": 33483932, "typical_volume": 40807533.3, "trend": 6.072, "fair_value": 5.936859, "relative_strength": 4.774216, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.026185, "energy": 70.496839, "activity_lines": [ 7.600667, 7.325091, 7.014857, 6.603527 ] }, { "date": "2025-09-19", "close": 8.81, "volume": 48654994, "typical_volume": 40897008.2, "trend": 6.179333, "fair_value": 5.970641, "relative_strength": 19.063695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.908383, "energy": 86.465303, "activity_lines": [ 8.055333, 7.627818, 7.217667, 6.780172 ] }, { "date": "2025-09-26", "close": 9.1, "volume": 48146842, "typical_volume": 40813796.55, "trend": 6.306333, "fair_value": 6.005449, "relative_strength": 22.906613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.652633, "energy": 88.402461, "activity_lines": [ 8.474, 7.943455, 7.431524, 6.968602 ] }, { "date": "2025-10-03", "close": 8.72, "volume": 47730643, "typical_volume": 41027726.4, "trend": 6.435333, "fair_value": 6.036795, "relative_strength": 16.308837, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.293008, "energy": 78.013278, "activity_lines": [ 8.632667, 8.150727, 7.593143, 7.124323 ] }, { "date": "2025-10-10", "close": 8.76, "volume": 58336571, "typical_volume": 41892717.6, "trend": 6.571, "fair_value": 6.069679, "relative_strength": 19.530712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.934216, "energy": 74.135236, "activity_lines": [ 8.748667, 8.339455, 7.743048, 7.274301 ] }, { "date": "2025-10-17", "close": 8.43, "volume": 76194146, "typical_volume": 43604669.6, "trend": 6.688, "fair_value": 6.097756, "relative_strength": 13.396159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.945076, "energy": 54.129993, "activity_lines": [ 8.690667, 8.426727, 7.849524, 7.394237 ] }, { "date": "2025-10-24", "close": 8.74, "volume": 52132622, "typical_volume": 43990572.9, "trend": 6.827667, "fair_value": 6.126538, "relative_strength": 15.384601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.30944, "energy": 48.557683, "activity_lines": [ 8.682667, 8.542182, 7.97481, 7.526624 ] }, { "date": "2025-10-31", "close": 9.76, "volume": 61969667, "typical_volume": 44335653.5, "trend": 7.013667, "fair_value": 6.162628, "relative_strength": 27.613789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.702924, "energy": 56.150231, "activity_lines": [ 9.019333, 8.808182, 8.186095, 7.715806 ] }, { "date": "2025-11-07", "close": 8.45, "volume": 54104572, "typical_volume": 44436262.45, "trend": 7.140667, "fair_value": 6.187308, "relative_strength": 12.290807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.505465, "energy": 40.662983, "activity_lines": [ 8.875333, 8.787636, 8.257714, 7.808473 ] }, { "date": "2025-11-14", "close": 8.17, "volume": 37143903, "typical_volume": 43566732.65, "trend": 7.255, "fair_value": 6.211859, "relative_strength": 8.525121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.418306, "energy": 29.943818, "activity_lines": [ 8.656, 8.705818, 8.293857, 7.874882 ] }, { "date": "2025-11-21", "close": 7.56, "volume": 40789065, "typical_volume": 44206476.5, "trend": 7.337, "fair_value": 6.230833, "relative_strength": 3.028252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.693478, "energy": 15.687818, "activity_lines": [ 8.272667, 8.506364, 8.265381, 7.894559 ] }, { "date": "2025-11-28", "close": 8.96, "volume": 26661958, "typical_volume": 43702391.8, "trend": 7.458, "fair_value": 6.259487, "relative_strength": 17.972064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.523498, "energy": 21.572609, "activity_lines": [ 8.414, 8.562727, 8.366571, 7.999269 ] }, { "date": "2025-12-05", "close": 9.41, "volume": 34465076, "typical_volume": 43162582.1, "trend": 7.580667, "fair_value": 6.293846, "relative_strength": 23.527175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.602979, "energy": 23.44813, "activity_lines": [ 8.690667, 8.698182, 8.499476, 8.125204 ] }, { "date": "2025-12-12", "close": 8.91, "volume": 38897683, "typical_volume": 43014195.8, "trend": 7.695667, "fair_value": 6.324872, "relative_strength": 17.534869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.322239, "energy": 26.429683, "activity_lines": [ 8.824, 8.737091, 8.573, 8.210968 ] }, { "date": "2025-12-19", "close": 9.13, "volume": 50668821, "typical_volume": 44034065.3, "trend": 7.792, "fair_value": 6.355641, "relative_strength": 19.980653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.85071, "energy": 36.044376, "activity_lines": [ 9.0, 8.812545, 8.65981, 8.303505 ] }, { "date": "2025-12-26", "close": 9.25, "volume": 19380243, "typical_volume": 43298885.55, "trend": 7.894333, "fair_value": 6.386538, "relative_strength": 19.478866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.335064, "energy": 42.487522, "activity_lines": [ 9.152, 8.903091, 8.745429, 8.39757 ] }, { "date": "2026-01-02", "close": 10.25, "volume": 25687702, "typical_volume": 43342987.25, "trend": 8.022667, "fair_value": 6.424038, "relative_strength": 33.25645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.674915, "energy": 56.918673, "activity_lines": [ 9.524667, 9.160545, 8.915, 8.549548 ] }, { "date": "2026-01-09", "close": 10.74, "volume": 38065392, "typical_volume": 43116214.4, "trend": 8.159667, "fair_value": 6.462885, "relative_strength": 36.580792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.099293, "energy": 66.825303, "activity_lines": [ 9.974667, 9.479636, 9.114905, 8.72486 ] }, { "date": "2026-01-16", "close": 11.89, "volume": 36501191, "typical_volume": 42853542.55, "trend": 8.336, "fair_value": 6.509295, "relative_strength": 50.313739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.503968, "energy": 80.63317, "activity_lines": [ 10.719333, 9.99, 9.407, 8.965527 ] }, { "date": "2026-01-23", "close": 12.58, "volume": 29224333, "typical_volume": 42911967.8, "trend": 8.528667, "fair_value": 6.55891, "relative_strength": 57.949592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.744522, "energy": 87.923565, "activity_lines": [ 11.495333, 10.563273, 9.745714, 9.239333 ] }, { "date": "2026-01-30", "close": 12.57, "volume": 59765734, "typical_volume": 44226057.9, "trend": 8.721333, "fair_value": 6.609872, "relative_strength": 55.353767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.042027, "energy": 87.604704, "activity_lines": [ 12.038, 11.054545, 10.060714, 9.500065 ] }, { "date": "2026-02-06", "close": 11.04, "volume": 77531629, "typical_volume": 45669889.65, "trend": 8.868667, "fair_value": 6.650577, "relative_strength": 35.598479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.620696, "energy": 76.110381, "activity_lines": [ 11.849333, 11.176545, 10.206476, 9.649656 ] }, { "date": "2026-02-13", "close": 11.62, "volume": 45974045, "typical_volume": 45561249.8, "trend": 9.024667, "fair_value": 6.695449, "relative_strength": 42.953377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.786631, "energy": 55.957493, "activity_lines": [ 11.801333, 11.366182, 10.396857, 9.827161 ] }, { "date": "2026-02-20", "close": 12.38, "volume": 32802188, "typical_volume": 44814827.05, "trend": 9.194, "fair_value": 6.748526, "relative_strength": 48.562583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.51014, "energy": 51.61849, "activity_lines": [ 11.948, 11.653818, 10.647619, 10.043634 ] }, { "date": "2026-02-27", "close": 12.78, "volume": 30259468, "typical_volume": 43410971.9, "trend": 9.404, "fair_value": 6.802244, "relative_strength": 51.807557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.474601, "energy": 50.867325, "activity_lines": [ 12.195333, 11.951091, 10.919048, 10.274989 ] }, { "date": "2026-03-06", "close": 12.09, "volume": 42587472, "typical_volume": 41730638.2, "trend": 9.577667, "fair_value": 6.854808, "relative_strength": 44.377794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.887411, "energy": 46.295183, "activity_lines": [ 12.199333, 12.056545, 11.105619, 10.44828 ] }, { "date": "2026-03-13", "close": 12.1, "volume": 39595710, "typical_volume": 41103792.6, "trend": 9.753667, "fair_value": 6.908654, "relative_strength": 44.503188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.486793, "energy": 43.427991, "activity_lines": [ 12.238667, 12.112182, 11.275714, 10.611011 ] }, { "date": "2026-03-20", "close": 11.26, "volume": 64336056, "typical_volume": 41222112.05, "trend": 9.892333, "fair_value": 6.957628, "relative_strength": 35.186149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.214203, "energy": 31.306671, "activity_lines": [ 11.927333, 11.981455, 11.34981, 10.708194 ] }, { "date": "2026-03-27", "close": 11.04, "volume": 36354205, "typical_volume": 40334593.7, "trend": 9.997667, "fair_value": 7.003846, "relative_strength": 33.743475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.737113, "energy": 19.841022, "activity_lines": [ 11.566667, 11.801273, 11.39581, 10.782237 ] }, { "date": "2026-04-03", "close": 11.73, "volume": 24910198, "typical_volume": 39722908.45, "trend": 10.128667, "fair_value": 7.05609, "relative_strength": 35.486877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.116369, "energy": 17.288425, "activity_lines": [ 11.525333, 11.762, 11.49519, 10.894 ] }, { "date": "2026-04-10", "close": 11.39, "volume": 23351401, "typical_volume": 38851025.25, "trend": 10.254, "fair_value": 7.105128, "relative_strength": 25.52634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.040918, "energy": 17.177813, "activity_lines": [ 11.440667, 11.676364, 11.545238, 10.975376 ] }, { "date": "2026-04-17", "close": 12.69, "volume": 26269821, "typical_volume": 38831418.4, "trend": 10.383333, "fair_value": 7.16359, "relative_strength": 32.143927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.631116, "energy": 23.020541, "activity_lines": [ 11.836, 11.848545, 11.700857, 11.132538 ] }, { "date": "2026-04-24", "close": 12.4, "volume": 28367824, "typical_volume": 38526555.8, "trend": 10.493333, "fair_value": 7.218077, "relative_strength": 26.992029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.016568, "energy": 30.114375, "activity_lines": [ 12.095333, 11.938, 11.811095, 11.262645 ] }, { "date": "2026-05-01", "close": 12.38, "volume": 25701643, "typical_volume": 37866753.8, "trend": 10.615333, "fair_value": 7.272436, "relative_strength": 24.26707, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 51.631148, "energy": 32.802227, "activity_lines": [ 12.272, 12.009636, 11.90519, 11.384366 ] }, { "date": "2026-05-08", "close": 12.14, "volume": 32280783, "typical_volume": 36947351.9, "trend": 10.728, "fair_value": 7.32391, "relative_strength": 18.038345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.722753, "energy": 38.97129, "activity_lines": [ 12.279333, 12.037636, 11.959905, 11.482731 ] }, { "date": "2026-05-15", "close": 11.24, "volume": 35510385, "typical_volume": 37753859.0, "trend": 10.821667, "fair_value": 7.370833, "relative_strength": 8.176325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.774175, "energy": 17.417795, "activity_lines": [ 11.959333, 11.913636, 11.914571, 11.515763 ] }, { "date": "2026-05-22", "close": 10.66, "volume": 27882555, "typical_volume": 37863601.65, "trend": 10.885667, "fair_value": 7.414808, "relative_strength": 1.233491, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.212021, "energy": 7.004581, "activity_lines": [ 11.456, 11.699636, 11.804524, 11.505333 ] }, { "date": "2026-05-29", "close": 11.56, "volume": 23569818, "typical_volume": 37138822.95, "trend": 10.945667, "fair_value": 7.460449, "relative_strength": 7.522717, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.100231, "energy": 13.670877, "activity_lines": [ 11.388, 11.675455, 11.778238, 11.548839 ] }, { "date": "2026-06-05", "close": 10.28, "volume": 38123527, "typical_volume": 37219939.75, "trend": 11.006667, "fair_value": 7.498205, "relative_strength": -2.342869, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.064555, "energy": 24.135354, "activity_lines": [ 10.949333, 11.413091, 11.626143, 11.505892 ] }, { "date": "2026-06-12", "close": 9.85, "volume": 30744270, "typical_volume": 37295936.6, "trend": 11.062667, "fair_value": 7.530962, "relative_strength": -7.213437, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.579886, "energy": 43.642923, "activity_lines": [ 10.507333, 11.086364, 11.440762, 11.431269 ] }, { "date": "2026-06-19", "close": 10.65, "volume": 37292900, "typical_volume": 36172294.9, "trend": 11.165667, "fair_value": 7.570064, "relative_strength": -1.003719, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.966709, "energy": 42.310132, "activity_lines": [ 10.484667, 10.939273, 11.344571, 11.404645 ] }, { "date": "2026-06-26", "close": 9.75, "volume": 21781446, "typical_volume": 33384785.75, "trend": 11.192, "fair_value": 7.602372, "relative_strength": -7.43395, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.899774, "energy": 52.608006, "activity_lines": [ 10.201333, 10.642, 11.17181, 11.313312 ] }, { "date": "2026-07-03", "close": 9.63, "volume": 18576195, "typical_volume": 32014893.25, "trend": 11.199333, "fair_value": 7.635385, "relative_strength": -10.743431, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.795027, "energy": 53.189558, "activity_lines": [ 9.938667, 10.376364, 10.993762, 11.212538 ] }, { "date": "2026-07-10", "close": 9.67, "volume": 19997695, "typical_volume": 31374668.6, "trend": 11.224667, "fair_value": 7.667949, "relative_strength": -11.823076, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.723557, "energy": 57.366136, "activity_lines": [ 9.818, 10.168364, 10.829, 11.113871 ] }, { "date": "2026-07-17", "close": 8.8, "volume": 24036181, "typical_volume": 31063504.25, "trend": 11.213667, "fair_value": 7.694615, "relative_strength": -18.568487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.159383, "energy": 71.768774, "activity_lines": [ 9.448, 9.851455, 10.594286, 10.957441 ] }, { "date": "2026-07-24", "close": 9.14, "volume": 23315033, "typical_volume": 30099882.3, "trend": 11.21, "fair_value": 7.723013, "relative_strength": -15.011406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.322326, "energy": 67.503641, "activity_lines": [ 9.261333, 9.657091, 10.410905, 10.823656 ] }, { "date": "2026-07-31", "close": 9.15, "volume": 29293253, "typical_volume": 29584759.45, "trend": 11.173333, "fair_value": 7.750897, "relative_strength": -16.030749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.417841, "energy": 62.939742, "activity_lines": [ 9.178667, 9.502727, 10.242524, 10.690753 ] }, { "date": "2026-08-07", "close": 10.43, "volume": 20615480, "typical_volume": 27398730.65, "trend": 11.163, "fair_value": 7.78609, "relative_strength": -7.843453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.296552, "energy": 39.838782, "activity_lines": [ 9.562667, 9.608545, 10.210095, 10.642796 ] } ], "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." } } }