{ "ticker": { "uuid": "4eb9cc94-5efa-4b17-8756-0b32f4655628", "symbol": "CLEM", "name": "Clemondo Group AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 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": -50.685, "architecture_energy": 30.785, "architecture_maturity": 100.0, "architecture_confidence": 82.317, "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": 33.55, "rotation_up": 23.76, "upward_expansion": 3.46, "deceleration": 55.01, "rotation_down": 42.22, "downward_expansion": 74.46 }, "activity_lines": [ 7.221333, 7.243273, 7.364857, 7.57671 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 7.3, "trend_reference": 7.935667, "distance_from_trend": -0.080102, "trend_direction": "Weakening", "fair_value": 8.632821, "distance_from_fair_value": -0.15439, "fair_value_direction": "Improving", "relative_strength": -24.738228, "relative_strength_direction": "Improving", "price_momentum": -0.16092, "excess_performance": -0.222414, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.080102, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.069966, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.15439, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.030115, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.247382, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.052191, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.16092, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.749148, "read": "Demand-led" } ], "volume": { "latest": 94575, "relative_activity": 1.921545, "balance": 3.749148, "dry_up": 0.725108, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.076712, "annualized_volatility": 0.256663, "from_high_reference": -0.317757, "from_low_reference": 0.070381 }, "levels": { "trend_reference": 7.935667, "fair_value_reference": 8.632821, "structural_low": 6.82, "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": 41, "median_return": -0.025287, "positive_rate": 0.365854, "directional_follow_through": 0.634146, "median_excess_return": -0.027059, "regime_survival": 0.902439, "best_return": 0.159951, "worst_return": -0.287975, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.088889, "positive_rate": 0.230769, "directional_follow_through": 0.692308, "median_excess_return": -0.087402, "regime_survival": 0.769231, "best_return": 0.19708, "worst_return": -0.398419, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.129326, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.250468, "regime_survival": 0.5, "best_return": 0.064935, "worst_return": -0.413299, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.014566, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.216735, "regime_survival": 0.5, "best_return": 0.175, "worst_return": -0.644269, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-07-07", "end": "2023-10-20", "tenure": "Established", "return": -0.034979, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2024-03-29", "tenure": "Established", "return": -0.064588, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-05", "end": "2024-05-24", "tenure": "Developing", "return": -0.030172, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2024-06-21", "tenure": "New", "return": -0.024123, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-28", "end": "2024-07-19", "tenure": "New", "return": -0.075862, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-26", "end": "2024-08-16", "tenure": "New", "return": 0.243655, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-10-04", "tenure": "Developing", "return": -0.117117, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-11", "end": "2025-03-07", "tenure": "Established", "return": -0.032468, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.018072, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-28", "end": "2025-04-18", "tenure": "New", "return": 0.005814, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-25", "end": "2025-06-27", "tenure": "Developing", "return": 0.111111, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-09-12", "tenure": "Developing", "return": 0.015385, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-10-24", "tenure": "Developing", "return": 0.027322, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-08-07", "tenure": "Extended", "return": -0.202186, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.9, "volume": 169489, "typical_volume": 90134.55, "trend": 9.865, "fair_value": 17.471282, "relative_strength": 6.865114, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 32.926894, "energy": 29.873584, "activity_lines": [ 10.526667, 10.317455, 10.32281, 10.068 ] }, { "date": "2023-08-25", "close": 9.96, "volume": 51852, "typical_volume": 91544.05, "trend": 9.839667, "fair_value": 17.331282, "relative_strength": 7.282141, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.785628, "energy": 17.262141, "activity_lines": [ 10.34, 10.269636, 10.310333, 10.074129 ] }, { "date": "2023-09-01", "close": 9.78, "volume": 30787, "typical_volume": 89200.0, "trend": 9.810333, "fair_value": 17.187564, "relative_strength": 3.37861, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.571675, "energy": 7.015356, "activity_lines": [ 10.096, 10.198909, 10.273667, 10.07028 ] }, { "date": "2023-09-08", "close": 9.34, "volume": 36223, "typical_volume": 87060.15, "trend": 9.775, "fair_value": 17.041026, "relative_strength": -0.893003, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.656425, "energy": 24.033975, "activity_lines": [ 9.773333, 10.053091, 10.191095, 10.039935 ] }, { "date": "2023-09-15", "close": 9.74, "volume": 79875, "typical_volume": 85117.9, "trend": 9.756333, "fair_value": 16.898333, "relative_strength": 2.282848, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.469921, "energy": 25.19219, "activity_lines": [ 9.681333, 9.989455, 10.145476, 10.037677 ] }, { "date": "2023-09-22", "close": 9.4, "volume": 26551, "typical_volume": 83437.15, "trend": 9.776333, "fair_value": 16.723974, "relative_strength": 0.190118, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.44879, "energy": 37.257347, "activity_lines": [ 9.566667, 9.863636, 10.06481, 10.014688 ] }, { "date": "2023-09-29", "close": 9.7, "volume": 83191, "typical_volume": 81129.9, "trend": 9.821, "fair_value": 16.524615, "relative_strength": 3.830771, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.261809, "energy": 30.477723, "activity_lines": [ 9.585333, 9.794182, 10.010048, 10.009763 ] }, { "date": "2023-10-06", "close": 9.52, "volume": 37433, "typical_volume": 76333.8, "trend": 9.862, "fair_value": 16.320256, "relative_strength": 1.988307, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.409434, "energy": 21.103728, "activity_lines": [ 9.561333, 9.697455, 9.940048, 9.990344 ] }, { "date": "2023-10-13", "close": 9.58, "volume": 20308, "typical_volume": 73484.65, "trend": 9.884667, "fair_value": 16.093205, "relative_strength": 0.933982, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.794003, "energy": 19.143405, "activity_lines": [ 9.574667, 9.634909, 9.881381, 9.972151 ] }, { "date": "2023-10-20", "close": 9.38, "volume": 30243, "typical_volume": 67763.55, "trend": 9.890667, "fair_value": 15.885385, "relative_strength": 4.028153, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.533967, "energy": 21.382021, "activity_lines": [ 9.505333, 9.558182, 9.811857, 9.939591 ] }, { "date": "2023-10-27", "close": 8.98, "volume": 32025, "typical_volume": 62797.85, "trend": 9.906667, "fair_value": 15.682692, "relative_strength": 0.907736, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.025075, "energy": 48.559601, "activity_lines": [ 9.326667, 9.44, 9.716476, 9.880839 ] }, { "date": "2023-11-03", "close": 9.76, "volume": 35640, "typical_volume": 61004.75, "trend": 9.949333, "fair_value": 15.487564, "relative_strength": 5.466264, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.37443, "energy": 32.966312, "activity_lines": [ 9.436, 9.480364, 9.705, 9.871376 ] }, { "date": "2023-11-10", "close": 9.1, "volume": 52713, "typical_volume": 61323.85, "trend": 9.954667, "fair_value": 15.30359, "relative_strength": -1.178325, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.798246, "energy": 41.891713, "activity_lines": [ 9.321333, 9.404364, 9.63419, 9.816581 ] }, { "date": "2023-11-17", "close": 9.12, "volume": 35761, "typical_volume": 60750.35, "trend": 9.955333, "fair_value": 15.164615, "relative_strength": -4.872413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.215198, "energy": 43.120689, "activity_lines": [ 9.241333, 9.344364, 9.56981, 9.762731 ] }, { "date": "2023-11-24", "close": 8.86, "volume": 40084, "typical_volume": 61060.7, "trend": 9.944667, "fair_value": 15.02141, "relative_strength": -8.903982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.674211, "energy": 44.929881, "activity_lines": [ 9.105333, 9.241091, 9.48419, 9.692065 ] }, { "date": "2023-12-01", "close": 8.56, "volume": 50605, "typical_volume": 58385.35, "trend": 9.935333, "fair_value": 14.887821, "relative_strength": -12.785669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.294838, "energy": 63.317255, "activity_lines": [ 8.904, 9.099273, 9.374095, 9.602731 ] }, { "date": "2023-12-08", "close": 8.36, "volume": 62856, "typical_volume": 56698.35, "trend": 9.877333, "fair_value": 14.729872, "relative_strength": -17.040874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.688415, "energy": 70.8488, "activity_lines": [ 8.664, 8.936364, 9.249429, 9.501097 ] }, { "date": "2023-12-15", "close": 8.82, "volume": 46247, "typical_volume": 56144.35, "trend": 9.814667, "fair_value": 14.595385, "relative_strength": -15.053803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.936523, "energy": 64.414368, "activity_lines": [ 8.670667, 8.881455, 9.176381, 9.432882 ] }, { "date": "2023-12-22", "close": 8.4, "volume": 98136, "typical_volume": 56500.95, "trend": 9.718, "fair_value": 14.445385, "relative_strength": -18.614951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.597458, "energy": 63.512814, "activity_lines": [ 8.556, 8.762909, 9.072762, 9.341613 ] }, { "date": "2023-12-29", "close": 8.9, "volume": 32014, "typical_volume": 52601.65, "trend": 9.616333, "fair_value": 14.308846, "relative_strength": -14.397037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.95973, "energy": 42.513919, "activity_lines": [ 8.656, 8.756727, 9.02819, 9.288839 ] }, { "date": "2024-01-05", "close": 8.5, "volume": 21232, "typical_volume": 45188.8, "trend": 9.533, "fair_value": 14.171026, "relative_strength": -15.899918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.353359, "energy": 39.072951, "activity_lines": [ 8.62, 8.686545, 8.956, 9.216817 ] }, { "date": "2024-01-12", "close": 8.28, "volume": 35962, "typical_volume": 44394.3, "trend": 9.459, "fair_value": 14.033077, "relative_strength": -18.426522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.958657, "energy": 43.502035, "activity_lines": [ 8.514667, 8.585091, 8.869524, 9.135978 ] }, { "date": "2024-01-19", "close": 8.0, "volume": 59029, "typical_volume": 45806.4, "trend": 9.390667, "fair_value": 13.89718, "relative_strength": -18.778361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.731687, "energy": 45.451668, "activity_lines": [ 8.321333, 8.459636, 8.764381, 9.041849 ] }, { "date": "2024-01-26", "close": 8.1, "volume": 42415, "typical_volume": 46116.0, "trend": 9.332, "fair_value": 13.765769, "relative_strength": -19.741315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.980032, "energy": 53.238669, "activity_lines": [ 8.216, 8.372364, 8.677238, 8.958581 ] }, { "date": "2024-02-02", "close": 8.2, "volume": 35967, "typical_volume": 43920.6, "trend": 9.281333, "fair_value": 13.610641, "relative_strength": -18.237165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.268367, "energy": 53.126601, "activity_lines": [ 8.164, 8.321818, 8.605524, 8.885548 ] }, { "date": "2024-02-09", "close": 8.3, "volume": 34560, "typical_volume": 44321.05, "trend": 9.241333, "fair_value": 13.444615, "relative_strength": -16.2401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.768971, "energy": 42.867731, "activity_lines": [ 8.192, 8.301455, 8.550667, 8.822237 ] }, { "date": "2024-02-16", "close": 8.28, "volume": 138078, "typical_volume": 47065.4, "trend": 9.184, "fair_value": 13.316923, "relative_strength": -17.974164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.793116, "energy": 34.160705, "activity_lines": [ 8.226667, 8.282182, 8.499143, 8.760215 ] }, { "date": "2024-02-23", "close": 8.4, "volume": 44136, "typical_volume": 47400.55, "trend": 9.104, "fair_value": 13.18359, "relative_strength": -17.487653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.799634, "energy": 23.631968, "activity_lines": [ 8.301333, 8.286182, 8.46581, 8.709634 ] }, { "date": "2024-03-01", "close": 8.12, "volume": 43275, "typical_volume": 48548.9, "trend": 9.014667, "fair_value": 13.054872, "relative_strength": -20.931926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.238877, "energy": 23.855774, "activity_lines": [ 8.256, 8.246909, 8.411143, 8.646151 ] }, { "date": "2024-03-08", "close": 8.32, "volume": 96256, "typical_volume": 51849.55, "trend": 8.922, "fair_value": 12.922308, "relative_strength": -19.676067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.353774, "energy": 20.141806, "activity_lines": [ 8.276, 8.249091, 8.382476, 8.601333 ] }, { "date": "2024-03-15", "close": 8.04, "volume": 66165, "typical_volume": 53556.55, "trend": 8.86, "fair_value": 12.793077, "relative_strength": -23.400796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.500393, "energy": 27.103207, "activity_lines": [ 8.194667, 8.210909, 8.33219, 8.54443 ] }, { "date": "2024-03-22", "close": 7.76, "volume": 89482, "typical_volume": 56248.65, "trend": 8.786667, "fair_value": 12.662051, "relative_strength": -25.625215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.800123, "energy": 35.582053, "activity_lines": [ 8.037333, 8.130182, 8.259714, 8.473462 ] }, { "date": "2024-03-29", "close": 8.4, "volume": 105187, "typical_volume": 58872.35, "trend": 8.740667, "fair_value": 12.539231, "relative_strength": -18.792815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.368115, "energy": 25.904899, "activity_lines": [ 8.128, 8.175273, 8.257714, 8.448516 ] }, { "date": "2024-04-05", "close": 9.28, "volume": 181985, "typical_volume": 66183.55, "trend": 8.738667, "fair_value": 12.424487, "relative_strength": -9.728303, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.686787, "energy": 4.082896, "activity_lines": [ 8.512, 8.373091, 8.342857, 8.483312 ] }, { "date": "2024-04-12", "close": 8.84, "volume": 160506, "typical_volume": 72204.65, "trend": 8.708667, "fair_value": 12.30359, "relative_strength": -13.902757, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.21845, "energy": 12.041657, "activity_lines": [ 8.672, 8.469455, 8.385333, 8.489849 ] }, { "date": "2024-04-19", "close": 8.68, "volume": 49649, "typical_volume": 72156.85, "trend": 8.684667, "fair_value": 12.172051, "relative_strength": -15.062816, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.38336, "energy": 18.062283, "activity_lines": [ 8.744, 8.525091, 8.412667, 8.488 ] }, { "date": "2024-04-26", "close": 8.1, "volume": 105946, "typical_volume": 74311.35, "trend": 8.631333, "fair_value": 12.03141, "relative_strength": -22.141105, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.175892, "energy": 17.295076, "activity_lines": [ 8.58, 8.468364, 8.38419, 8.45028 ] }, { "date": "2024-05-03", "close": 8.7, "volume": 166148, "typical_volume": 80306.4, "trend": 8.604, "fair_value": 11.887179, "relative_strength": -15.585956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.234304, "energy": 7.555443, "activity_lines": [ 8.593333, 8.524, 8.414095, 8.45471 ] }, { "date": "2024-05-10", "close": 9.18, "volume": 100585, "typical_volume": 80428.85, "trend": 8.590667, "fair_value": 11.763333, "relative_strength": -13.484535, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.344434, "energy": 14.036802, "activity_lines": [ 8.746667, 8.661455, 8.490286, 8.491871 ] }, { "date": "2024-05-17", "close": 9.4, "volume": 137439, "typical_volume": 85700.1, "trend": 8.591333, "fair_value": 11.650641, "relative_strength": -10.081828, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.772696, "energy": 28.610049, "activity_lines": [ 8.98, 8.819636, 8.583714, 8.544086 ] }, { "date": "2024-05-24", "close": 9.0, "volume": 168890, "typical_volume": 93083.0, "trend": 8.592, "fair_value": 11.536282, "relative_strength": -14.004077, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.591934, "energy": 34.982987, "activity_lines": [ 9.042667, 8.885455, 8.636667, 8.570452 ] }, { "date": "2024-05-31", "close": 9.12, "volume": 37246, "typical_volume": 93147.2, "trend": 8.570667, "fair_value": 11.422308, "relative_strength": -11.444323, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.354996, "energy": 47.911292, "activity_lines": [ 9.124, 8.955636, 8.698667, 8.604516 ] }, { "date": "2024-06-07", "close": 9.1, "volume": 32212, "typical_volume": 91806.35, "trend": 8.570667, "fair_value": 11.314872, "relative_strength": -11.732681, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.723046, "energy": 43.185699, "activity_lines": [ 9.130667, 8.997455, 8.754762, 8.638667 ] }, { "date": "2024-06-14", "close": 9.06, "volume": 131857, "typical_volume": 96278.45, "trend": 8.568667, "fair_value": 11.210128, "relative_strength": -9.558548, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.845181, "energy": 27.010478, "activity_lines": [ 9.097333, 9.019273, 8.80181, 8.670237 ] }, { "date": "2024-06-21", "close": 8.9, "volume": 31671, "typical_volume": 96063.65, "trend": 8.57, "fair_value": 11.105641, "relative_strength": -11.122238, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.463543, "energy": 22.819182, "activity_lines": [ 9.018667, 9.016, 8.829048, 8.691613 ] }, { "date": "2024-06-28", "close": 8.7, "volume": 41903, "typical_volume": 96430.8, "trend": 8.574667, "fair_value": 10.998718, "relative_strength": -12.592082, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.925891, "energy": 14.116371, "activity_lines": [ 8.906667, 8.975273, 8.833905, 8.7 ] }, { "date": "2024-07-05", "close": 8.5, "volume": 123342, "typical_volume": 95694.0, "trend": 8.579333, "fair_value": 10.891026, "relative_strength": -13.74058, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.446037, "energy": 12.683705, "activity_lines": [ 8.748, 8.897818, 8.81781, 8.695183 ] }, { "date": "2024-07-12", "close": 8.26, "volume": 173880, "typical_volume": 102181.2, "trend": 8.560667, "fair_value": 10.784103, "relative_strength": -18.09294, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.644234, "energy": 17.148886, "activity_lines": [ 8.550667, 8.769455, 8.77781, 8.674581 ] }, { "date": "2024-07-19", "close": 8.04, "volume": 157157, "typical_volume": 107875.3, "trend": 8.548667, "fair_value": 10.683205, "relative_strength": -17.853081, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.17884, "energy": 30.551952, "activity_lines": [ 8.336, 8.609091, 8.717524, 8.640989 ] }, { "date": "2024-07-26", "close": 7.88, "volume": 58074, "typical_volume": 105966.2, "trend": 8.514667, "fair_value": 10.557436, "relative_strength": -19.031377, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.472527, "energy": 44.36665, "activity_lines": [ 8.136, 8.440364, 8.642381, 8.597849 ] }, { "date": "2024-08-02", "close": 8.0, "volume": 153012, "typical_volume": 110308.55, "trend": 8.498, "fair_value": 10.446667, "relative_strength": -13.348508, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.854941, "energy": 48.185804, "activity_lines": [ 8.044, 8.321091, 8.580762, 8.564645 ] }, { "date": "2024-08-09", "close": 8.0, "volume": 104077, "typical_volume": 111038.3, "trend": 8.488667, "fair_value": 10.330128, "relative_strength": -12.247748, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.635684, "energy": 47.202306, "activity_lines": [ 7.998667, 8.22, 8.519333, 8.532516 ] }, { "date": "2024-08-16", "close": 9.8, "volume": 313087, "typical_volume": 121433.3, "trend": 8.548667, "fair_value": 10.279808, "relative_strength": 4.73974, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 28.145896, "energy": 11.782142, "activity_lines": [ 8.586667, 8.466545, 8.62819, 8.617118 ] }, { "date": "2024-08-23", "close": 8.88, "volume": 323702, "typical_volume": 128519.15, "trend": 8.574667, "fair_value": 10.236026, "relative_strength": -5.490028, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.723985, "energy": 14.782811, "activity_lines": [ 8.765333, 8.533091, 8.642762, 8.638495 ] }, { "date": "2024-08-30", "close": 9.22, "volume": 123412, "typical_volume": 126664.45, "trend": 8.608667, "fair_value": 10.179744, "relative_strength": -2.788903, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.52455, "energy": 32.473051, "activity_lines": [ 9.001333, 8.664727, 8.691619, 8.680129 ] }, { "date": "2024-09-06", "close": 8.82, "volume": 60043, "typical_volume": 127184.15, "trend": 8.626, "fair_value": 10.130128, "relative_strength": -2.31823, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.278982, "energy": 35.287148, "activity_lines": [ 9.014667, 8.717818, 8.700571, 8.693763 ] }, { "date": "2024-09-13", "close": 8.48, "volume": 44106, "typical_volume": 124092.15, "trend": 8.632667, "fair_value": 10.08141, "relative_strength": -7.19825, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.945457, "energy": 17.802298, "activity_lines": [ 8.86, 8.706909, 8.676476, 8.684344 ] }, { "date": "2024-09-20", "close": 8.22, "volume": 170216, "typical_volume": 124295.55, "trend": 8.626667, "fair_value": 10.033462, "relative_strength": -11.383059, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.430246, "energy": 4.568476, "activity_lines": [ 8.586667, 8.649091, 8.62581, 8.65772 ] }, { "date": "2024-09-27", "close": 8.1, "volume": 71806, "typical_volume": 122856.6, "trend": 8.626, "fair_value": 9.987308, "relative_strength": -14.01361, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.712274, "energy": 25.501541, "activity_lines": [ 8.378667, 8.570182, 8.566, 8.623742 ] }, { "date": "2024-10-04", "close": 7.84, "volume": 108591, "typical_volume": 121414.2, "trend": 8.61, "fair_value": 9.94, "relative_strength": -14.988912, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.765237, "energy": 44.73015, "activity_lines": [ 8.136, 8.442909, 8.486571, 8.573032 ] }, { "date": "2024-10-11", "close": 7.7, "volume": 114077, "typical_volume": 118673.55, "trend": 8.598667, "fair_value": 9.886923, "relative_strength": -15.377205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.170983, "energy": 57.884391, "activity_lines": [ 7.938667, 8.290909, 8.401238, 8.514323 ] }, { "date": "2024-10-18", "close": 8.0, "volume": 151147, "typical_volume": 124368.6, "trend": 8.606667, "fair_value": 9.839231, "relative_strength": -11.577032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.923495, "energy": 55.539971, "activity_lines": [ 7.916, 8.198909, 8.350667, 8.475699 ] }, { "date": "2024-10-25", "close": 8.0, "volume": 56249, "typical_volume": 125570.45, "trend": 8.593333, "fair_value": 9.789295, "relative_strength": -10.871585, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.03783, "energy": 48.241542, "activity_lines": [ 7.925333, 8.106909, 8.305429, 8.436559 ] }, { "date": "2024-11-01", "close": 7.5, "volume": 102883, "typical_volume": 124121.75, "trend": 8.534, "fair_value": 9.738846, "relative_strength": -14.510102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.76553, "energy": 45.998925, "activity_lines": [ 7.782667, 7.956727, 8.21781, 8.366022 ] }, { "date": "2024-11-08", "close": 7.68, "volume": 104733, "typical_volume": 127774.85, "trend": 8.495333, "fair_value": 9.697051, "relative_strength": -11.867938, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.101157, "energy": 36.131731, "activity_lines": [ 7.74, 7.864364, 8.154762, 8.310925 ] }, { "date": "2024-11-15", "close": 8.5, "volume": 196946, "typical_volume": 135527.0, "trend": 8.489333, "fair_value": 9.666795, "relative_strength": -0.13426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.400754, "energy": 20.844313, "activity_lines": [ 7.981333, 7.949091, 8.175619, 8.311226 ] }, { "date": "2024-11-22", "close": 7.78, "volume": 69052, "typical_volume": 132812.5, "trend": 8.478667, "fair_value": 9.623526, "relative_strength": -8.285373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.166393, "energy": 25.113484, "activity_lines": [ 7.929333, 7.908727, 8.128857, 8.265462 ] }, { "date": "2024-11-29", "close": 7.74, "volume": 42608, "typical_volume": 126248.9, "trend": 8.446667, "fair_value": 9.585321, "relative_strength": -8.36913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.655728, "energy": 22.614652, "activity_lines": [ 7.878667, 7.873818, 8.081714, 8.217806 ] }, { "date": "2024-12-06", "close": 7.32, "volume": 85568, "typical_volume": 122669.45, "trend": 8.384667, "fair_value": 9.533526, "relative_strength": -16.279922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.701677, "energy": 33.467548, "activity_lines": [ 7.705333, 7.771273, 7.997048, 8.145118 ] }, { "date": "2024-12-13", "close": 7.5, "volume": 102399, "typical_volume": 124885.7, "trend": 8.321333, "fair_value": 9.481667, "relative_strength": -11.891321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.096386, "energy": 45.610486, "activity_lines": [ 7.604, 7.715636, 7.932952, 8.088043 ] }, { "date": "2024-12-20", "close": 7.63, "volume": 214684, "typical_volume": 127969.3, "trend": 8.275667, "fair_value": 9.426667, "relative_strength": -7.163598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.952093, "energy": 39.229233, "activity_lines": [ 7.558, 7.689818, 7.883048, 8.043441 ] }, { "date": "2024-12-27", "close": 7.08, "volume": 81344, "typical_volume": 126832.65, "trend": 8.207667, "fair_value": 9.376538, "relative_strength": -13.960752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.195067, "energy": 49.909249, "activity_lines": [ 7.386667, 7.565273, 7.782524, 7.966301 ] }, { "date": "2025-01-03", "close": 6.69, "volume": 81896, "typical_volume": 115273.1, "trend": 8.127333, "fair_value": 9.32109, "relative_strength": -18.928883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.007443, "energy": 54.099687, "activity_lines": [ 7.132, 7.386545, 7.649238, 7.868387 ] }, { "date": "2025-01-10", "close": 6.85, "volume": 297781, "typical_volume": 113977.05, "trend": 8.053667, "fair_value": 9.263846, "relative_strength": -17.006149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.488801, "energy": 51.551565, "activity_lines": [ 7.000667, 7.260727, 7.546, 7.785978 ] }, { "date": "2025-01-17", "close": 6.81, "volume": 177651, "typical_volume": 116689.0, "trend": 7.984, "fair_value": 9.212628, "relative_strength": -20.030283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.48713, "energy": 56.068249, "activity_lines": [ 6.887333, 7.139455, 7.448619, 7.705742 ] }, { "date": "2025-01-24", "close": 7.16, "volume": 329940, "typical_volume": 130183.85, "trend": 7.932667, "fair_value": 9.167564, "relative_strength": -17.208007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.725255, "energy": 40.83599, "activity_lines": [ 6.936667, 7.097636, 7.396048, 7.652581 ] }, { "date": "2025-01-31", "close": 7.1, "volume": 87741, "typical_volume": 132365.6, "trend": 7.886, "fair_value": 9.129423, "relative_strength": -17.532909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.918225, "energy": 32.412405, "activity_lines": [ 6.997333, 7.069273, 7.345667, 7.59886 ] }, { "date": "2025-02-07", "close": 6.7, "volume": 97296, "typical_volume": 128719.6, "trend": 7.834, "fair_value": 9.085192, "relative_strength": -20.803765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.417904, "energy": 33.488413, "activity_lines": [ 6.923333, 6.980545, 7.263762, 7.522344 ] }, { "date": "2025-02-14", "close": 6.75, "volume": 102224, "typical_volume": 130240.5, "trend": 7.791, "fair_value": 9.044487, "relative_strength": -22.034909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.636745, "energy": 31.934391, "activity_lines": [ 6.865333, 6.919818, 7.193857, 7.452409 ] }, { "date": "2025-02-21", "close": 7.1, "volume": 126935, "typical_volume": 131157.7, "trend": 7.765, "fair_value": 9.013718, "relative_strength": -17.792968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.834657, "energy": 28.349255, "activity_lines": [ 6.930667, 6.933091, 7.163714, 7.407828 ] }, { "date": "2025-02-28", "close": 7.45, "volume": 215687, "typical_volume": 136238.2, "trend": 7.746667, "fair_value": 8.987628, "relative_strength": -13.458063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.576658, "energy": 18.241211, "activity_lines": [ 7.093333, 7.017273, 7.170429, 7.387505 ] }, { "date": "2025-03-07", "close": 7.45, "volume": 202926, "typical_volume": 138827.15, "trend": 7.728333, "fair_value": 8.960769, "relative_strength": -13.276581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.982708, "energy": 13.661075, "activity_lines": [ 7.236667, 7.104727, 7.178333, 7.368366 ] }, { "date": "2025-03-14", "close": 8.3, "volume": 290868, "typical_volume": 150558.1, "trend": 7.678333, "fair_value": 8.937756, "relative_strength": -1.64766, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.346605, "energy": 17.155341, "activity_lines": [ 7.64, 7.34, 7.26981, 7.405247 ] }, { "date": "2025-03-21", "close": 8.45, "volume": 124694, "typical_volume": 151648.65, "trend": 7.664, "fair_value": 8.918077, "relative_strength": 2.054185, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.576401, "energy": 42.617213, "activity_lines": [ 7.986667, 7.573273, 7.374143, 7.455032 ] }, { "date": "2025-03-28", "close": 8.6, "volume": 114405, "typical_volume": 152132.25, "trend": 7.643333, "fair_value": 8.894615, "relative_strength": 7.376426, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.871165, "energy": 53.547165, "activity_lines": [ 8.27, 7.804727, 7.488238, 7.515419 ] }, { "date": "2025-04-04", "close": 8.3, "volume": 90566, "typical_volume": 146813.25, "trend": 7.626, "fair_value": 8.869103, "relative_strength": 15.257328, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.67336, "energy": 56.774, "activity_lines": [ 8.353333, 7.949091, 7.569381, 7.557785 ] }, { "date": "2025-04-11", "close": 8.2, "volume": 117736, "typical_volume": 149247.45, "trend": 7.616667, "fair_value": 8.84359, "relative_strength": 14.298872, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.482213, "energy": 52.05367, "activity_lines": [ 8.346667, 8.054545, 7.641952, 7.594817 ] }, { "date": "2025-04-18", "close": 8.65, "volume": 32811, "typical_volume": 148757.6, "trend": 7.631, "fair_value": 8.821731, "relative_strength": 16.435624, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.087487, "energy": 53.279381, "activity_lines": [ 8.44, 8.221818, 7.755381, 7.661484 ] }, { "date": "2025-04-25", "close": 9.0, "volume": 101759, "typical_volume": 149567.15, "trend": 7.661, "fair_value": 8.802885, "relative_strength": 17.196415, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.167159, "energy": 54.958838, "activity_lines": [ 8.626667, 8.417273, 7.89781, 7.749806 ] }, { "date": "2025-05-02", "close": 9.8, "volume": 98381, "typical_volume": 149366.25, "trend": 7.726333, "fair_value": 8.791731, "relative_strength": 25.348101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.294417, "energy": 71.047041, "activity_lines": [ 9.043333, 8.717273, 8.108429, 7.887806 ] }, { "date": "2025-05-09", "close": 10.3, "volume": 120062, "typical_volume": 144635.15, "trend": 7.813, "fair_value": 8.789167, "relative_strength": 31.904133, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.730507, "energy": 83.90487, "activity_lines": [ 9.546667, 9.059091, 8.355714, 8.053849 ] }, { "date": "2025-05-16", "close": 11.0, "volume": 279481, "typical_volume": 154542.0, "trend": 7.913, "fair_value": 8.793397, "relative_strength": 35.024858, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.669108, "energy": 89.948184, "activity_lines": [ 10.15, 9.476364, 8.656952, 8.259462 ] }, { "date": "2025-05-23", "close": 10.7, "volume": 207365, "typical_volume": 160815.45, "trend": 8.003, "fair_value": 8.794679, "relative_strength": 34.0446, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.276712, "energy": 87.0936, "activity_lines": [ 10.466667, 9.774545, 8.910952, 8.439269 ] }, { "date": "2025-05-30", "close": 10.8, "volume": 50647, "typical_volume": 148458.75, "trend": 8.113, "fair_value": 8.797885, "relative_strength": 33.745185, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.246054, "energy": 84.609857, "activity_lines": [ 10.68, 10.047273, 9.155381, 8.61972 ] }, { "date": "2025-06-06", "close": 10.3, "volume": 71914, "typical_volume": 143171.9, "trend": 8.200333, "fair_value": 8.80109, "relative_strength": 25.803953, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.415275, "energy": 59.545593, "activity_lines": [ 10.606667, 10.186364, 9.333381, 8.760817 ] }, { "date": "2025-06-13", "close": 10.5, "volume": 220357, "typical_volume": 137692.75, "trend": 8.267, "fair_value": 8.806218, "relative_strength": 30.906657, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.351233, "energy": 53.234913, "activity_lines": [ 10.566667, 10.330909, 9.51381, 8.909183 ] }, { "date": "2025-06-20", "close": 10.4, "volume": 166157, "typical_volume": 141613.55, "trend": 8.354333, "fair_value": 8.814167, "relative_strength": 29.714902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.031604, "energy": 44.359653, "activity_lines": [ 10.48, 10.417273, 9.66881, 9.046796 ] }, { "date": "2025-06-27", "close": 10.0, "volume": 187707, "typical_volume": 146134.1, "trend": 8.429667, "fair_value": 8.820128, "relative_strength": 21.357691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.021251, "energy": 32.57896, "activity_lines": [ 10.3, 10.390909, 9.77, 9.152968 ] }, { "date": "2025-07-04", "close": 9.75, "volume": 141578, "typical_volume": 148101.8, "trend": 8.510667, "fair_value": 8.824936, "relative_strength": 17.641844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.792642, "energy": 25.240821, "activity_lines": [ 10.083333, 10.294545, 9.831667, 9.238151 ] }, { "date": "2025-07-11", "close": 9.55, "volume": 141203, "typical_volume": 148815.2, "trend": 8.579, "fair_value": 8.832308, "relative_strength": 13.351602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.813682, "energy": 18.858236, "activity_lines": [ 9.87, 10.148182, 9.86, 9.305204 ] }, { "date": "2025-07-18", "close": 10.1, "volume": 70303, "typical_volume": 141546.0, "trend": 8.661333, "fair_value": 8.84109, "relative_strength": 19.221463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.009715, "energy": 17.935138, "activity_lines": [ 9.89, 10.106364, 9.929048, 9.403333 ] }, { "date": "2025-07-25", "close": 10.4, "volume": 176640, "typical_volume": 140231.7, "trend": 8.772, "fair_value": 8.845064, "relative_strength": 19.309873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.014846, "energy": 18.7604, "activity_lines": [ 10.036667, 10.122727, 10.014048, 9.515505 ] }, { "date": "2025-08-01", "close": 10.4, "volume": 81075, "typical_volume": 129742.05, "trend": 8.895667, "fair_value": 8.852821, "relative_strength": 22.129454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.094819, "energy": 25.936225, "activity_lines": [ 10.183333, 10.15, 10.085, 9.620538 ] }, { "date": "2025-08-08", "close": 10.1, "volume": 88787, "typical_volume": 127946.7, "trend": 9.004, "fair_value": 8.85859, "relative_strength": 15.032498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.607578, "energy": 26.061227, "activity_lines": [ 10.203333, 10.128182, 10.117381, 9.698237 ] }, { "date": "2025-08-15", "close": 10.0, "volume": 110020, "typical_volume": 127727.45, "trend": 9.110333, "fair_value": 8.863077, "relative_strength": 12.319154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.411286, "energy": 21.303607, "activity_lines": [ 10.166667, 10.100909, 10.132381, 9.762495 ] }, { "date": "2025-08-22", "close": 9.85, "volume": 163426, "typical_volume": 131370.45, "trend": 9.2, "fair_value": 8.870449, "relative_strength": 8.513631, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.296787, "energy": 13.331665, "activity_lines": [ 10.05, 10.051818, 10.126429, 9.810215 ] }, { "date": "2025-08-29", "close": 10.5, "volume": 243391, "typical_volume": 137653.2, "trend": 9.313333, "fair_value": 8.886474, "relative_strength": 18.177365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.444131, "energy": 19.227046, "activity_lines": [ 10.166667, 10.132727, 10.175, 9.894086 ] }, { "date": "2025-09-05", "close": 10.7, "volume": 191207, "typical_volume": 145573.0, "trend": 9.446667, "fair_value": 8.903782, "relative_strength": 20.031046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.880856, "energy": 26.818954, "activity_lines": [ 10.343333, 10.248182, 10.231667, 9.983548 ] }, { "date": "2025-09-12", "close": 9.9, "volume": 76991, "typical_volume": 144334.6, "trend": 9.551667, "fair_value": 8.918526, "relative_strength": 10.441602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.343691, "energy": 18.804594, "activity_lines": [ 10.233333, 10.205455, 10.202381, 10.012796 ] }, { "date": "2025-09-19", "close": 9.15, "volume": 121604, "typical_volume": 145495.75, "trend": 9.62, "fair_value": 8.922821, "relative_strength": 1.492663, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.018778, "energy": 2.239312, "activity_lines": [ 9.886667, 10.023636, 10.097381, 9.986882 ] }, { "date": "2025-09-26", "close": 9.4, "volume": 64690, "typical_volume": 142727.15, "trend": 9.685, "fair_value": 8.931795, "relative_strength": 4.050651, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.638902, "energy": 19.460686, "activity_lines": [ 9.68, 9.894545, 10.019286, 9.972688 ] }, { "date": "2025-10-03", "close": 9.2, "volume": 111978, "typical_volume": 134352.0, "trend": 9.743333, "fair_value": 8.938205, "relative_strength": -1.510615, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.55814, "energy": 39.387194, "activity_lines": [ 9.436667, 9.741818, 9.926429, 9.941398 ] }, { "date": "2025-10-10", "close": 9.8, "volume": 138842, "typical_volume": 130925.85, "trend": 9.793333, "fair_value": 8.949103, "relative_strength": 5.362659, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.000229, "energy": 37.273018, "activity_lines": [ 9.48, 9.72, 9.899286, 9.945054 ] }, { "date": "2025-10-17", "close": 9.2, "volume": 56523, "typical_volume": 131219.65, "trend": 9.818333, "fair_value": 8.956603, "relative_strength": -1.04311, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.745589, "energy": 40.822844, "activity_lines": [ 9.383333, 9.6, 9.819286, 9.906774 ] }, { "date": "2025-10-24", "close": 9.4, "volume": 49392, "typical_volume": 130093.55, "trend": 9.845, "fair_value": 8.962692, "relative_strength": -2.150283, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.914211, "energy": 28.7106, "activity_lines": [ 9.4, 9.532727, 9.765952, 9.879785 ] }, { "date": "2025-10-31", "close": 9.15, "volume": 9038, "typical_volume": 119527.6, "trend": 9.873333, "fair_value": 8.968846, "relative_strength": -4.270111, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.418963, "energy": 31.911189, "activity_lines": [ 9.316667, 9.430909, 9.693095, 9.834946 ] }, { "date": "2025-11-07", "close": 9.6, "volume": 43551, "typical_volume": 113397.3, "trend": 9.92, "fair_value": 8.973526, "relative_strength": 1.397431, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.734898, "energy": 28.312587, "activity_lines": [ 9.4, 9.423636, 9.669524, 9.817312 ] }, { "date": "2025-11-14", "close": 9.5, "volume": 67256, "typical_volume": 107374.75, "trend": 9.948333, "fair_value": 8.983782, "relative_strength": -0.565255, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.638726, "energy": 21.174232, "activity_lines": [ 9.423333, 9.414545, 9.640238, 9.790215 ] }, { "date": "2025-11-21", "close": 8.95, "volume": 157232, "typical_volume": 108157.45, "trend": 9.946667, "fair_value": 8.989038, "relative_strength": -4.434402, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.902707, "energy": 31.291909, "activity_lines": [ 9.283333, 9.327273, 9.560952, 9.725806 ] }, { "date": "2025-11-28", "close": 9.2, "volume": 46279, "typical_volume": 103411.25, "trend": 9.926667, "fair_value": 8.995449, "relative_strength": -4.997174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.34485, "energy": 27.406362, "activity_lines": [ 9.243333, 9.302727, 9.509286, 9.677634 ] }, { "date": "2025-12-05", "close": 9.05, "volume": 21633, "typical_volume": 100977.75, "trend": 9.885, "fair_value": 9.000897, "relative_strength": -8.035106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.564394, "energy": 35.922448, "activity_lines": [ 9.166667, 9.25, 9.445, 9.621075 ] }, { "date": "2025-12-12", "close": 8.95, "volume": 25586, "typical_volume": 93425.05, "trend": 9.816667, "fair_value": 9.005769, "relative_strength": -8.990444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.583663, "energy": 45.346321, "activity_lines": [ 9.063333, 9.185455, 9.37619, 9.560753 ] }, { "date": "2025-12-19", "close": 9.0, "volume": 14714, "typical_volume": 90107.0, "trend": 9.76, "fair_value": 9.010897, "relative_strength": -9.176844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.476362, "energy": 41.497542, "activity_lines": [ 9.02, 9.134545, 9.319048, 9.508065 ] }, { "date": "2025-12-26", "close": 8.95, "volume": 14430, "typical_volume": 86389.15, "trend": 9.698333, "fair_value": 9.015064, "relative_strength": -10.077175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.535159, "energy": 40.797771, "activity_lines": [ 8.993333, 9.089091, 9.26381, 9.455806 ] }, { "date": "2026-01-02", "close": 8.5, "volume": 47144, "typical_volume": 83245.35, "trend": 9.638333, "fair_value": 9.01109, "relative_strength": -15.682814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.309234, "energy": 50.763694, "activity_lines": [ 8.816667, 8.966364, 9.17119, 9.378495 ] }, { "date": "2026-01-09", "close": 8.65, "volume": 8599, "typical_volume": 75504.0, "trend": 9.576667, "fair_value": 9.005641, "relative_strength": -16.977763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.661296, "energy": 48.194864, "activity_lines": [ 8.736667, 8.887273, 9.1, 9.314731 ] }, { "date": "2026-01-16", "close": 9.45, "volume": 83624, "typical_volume": 67515.65, "trend": 9.545, "fair_value": 9.000962, "relative_strength": -11.470848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.716674, "energy": 27.114849, "activity_lines": [ 8.95, 8.962727, 9.110714, 9.306559 ] }, { "date": "2026-01-23", "close": 9.3, "volume": 72376, "typical_volume": 61574.1, "trend": 9.521667, "fair_value": 8.991859, "relative_strength": -12.333961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.681601, "energy": 18.730098, "activity_lines": [ 9.08, 9.013636, 9.112143, 9.290753 ] }, { "date": "2026-01-30", "close": 8.95, "volume": 60684, "typical_volume": 60758.75, "trend": 9.495, "fair_value": 8.980897, "relative_strength": -16.130702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.220923, "energy": 15.854509, "activity_lines": [ 9.073333, 9.004545, 9.086905, 9.253871 ] }, { "date": "2026-02-06", "close": 8.7, "volume": 36766, "typical_volume": 56516.85, "trend": 9.466667, "fair_value": 8.97, "relative_strength": -21.033829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.715427, "energy": 18.696414, "activity_lines": [ 8.983333, 8.95, 9.042381, 9.202581 ] }, { "date": "2026-02-13", "close": 8.8, "volume": 64580, "typical_volume": 56511.35, "trend": 9.423333, "fair_value": 8.960385, "relative_strength": -20.254608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.706599, "energy": 22.796643, "activity_lines": [ 8.913333, 8.922727, 9.009524, 9.15957 ] }, { "date": "2026-02-20", "close": 8.95, "volume": 50469, "typical_volume": 53435.9, "trend": 9.375, "fair_value": 8.961346, "relative_strength": -20.533015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.79197, "energy": 23.936167, "activity_lines": [ 8.883333, 8.927273, 8.99381, 9.129032 ] }, { "date": "2026-02-27", "close": 8.4, "volume": 160800, "typical_volume": 54533.8, "trend": 9.308333, "fair_value": 8.961603, "relative_strength": -26.344061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.450498, "energy": 38.631387, "activity_lines": [ 8.703333, 8.831818, 8.926905, 9.066129 ] }, { "date": "2026-03-06", "close": 8.2, "volume": 70740, "typical_volume": 55244.65, "trend": 9.245, "fair_value": 8.961026, "relative_strength": -23.72611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.186398, "energy": 47.396702, "activity_lines": [ 8.516667, 8.710909, 8.847619, 8.994624 ] }, { "date": "2026-03-13", "close": 8.45, "volume": 49111, "typical_volume": 55230.6, "trend": 9.193333, "fair_value": 8.958141, "relative_strength": -20.757276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.245122, "energy": 44.191976, "activity_lines": [ 8.463333, 8.649091, 8.796905, 8.943333 ] }, { "date": "2026-03-20", "close": 8.05, "volume": 32376, "typical_volume": 56397.5, "trend": 9.133333, "fair_value": 8.950769, "relative_strength": -20.274154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.960927, "energy": 53.288196, "activity_lines": [ 8.293333, 8.515455, 8.712619, 8.86957 ] }, { "date": "2026-03-27", "close": 8.0, "volume": 42671, "typical_volume": 56353.5, "trend": 9.05, "fair_value": 8.947564, "relative_strength": -20.492582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.248011, "energy": 51.155074, "activity_lines": [ 8.156667, 8.383636, 8.62881, 8.796452 ] }, { "date": "2026-04-03", "close": 8.2, "volume": 23722, "typical_volume": 54176.8, "trend": 8.966667, "fair_value": 8.945769, "relative_strength": -20.92757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.931076, "energy": 41.173257, "activity_lines": [ 8.15, 8.314545, 8.571667, 8.741613 ] }, { "date": "2026-04-10", "close": 8.22, "volume": 47527, "typical_volume": 48691.55, "trend": 8.910667, "fair_value": 8.941154, "relative_strength": -24.010352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.819427, "energy": 36.832815, "activity_lines": [ 8.163333, 8.269091, 8.522619, 8.693441 ] }, { "date": "2026-04-17", "close": 8.2, "volume": 54147, "typical_volume": 49084.95, "trend": 8.879, "fair_value": 8.935385, "relative_strength": -25.464571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.521566, "energy": 31.739517, "activity_lines": [ 8.168667, 8.233273, 8.475143, 8.647591 ] }, { "date": "2026-04-24", "close": 8.06, "volume": 15527, "typical_volume": 48779.65, "trend": 8.834333, "fair_value": 8.928205, "relative_strength": -24.355602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.507467, "energy": 30.586116, "activity_lines": [ 8.144, 8.181091, 8.419095, 8.594753 ] }, { "date": "2026-05-01", "close": 7.68, "volume": 33325, "typical_volume": 49166.6, "trend": 8.783667, "fair_value": 8.920769, "relative_strength": -26.360052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.823701, "energy": 38.479504, "activity_lines": [ 7.992, 8.073273, 8.331571, 8.52028 ] }, { "date": "2026-05-08", "close": 7.26, "volume": 114563, "typical_volume": 54159.05, "trend": 8.699, "fair_value": 8.902564, "relative_strength": -29.957349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.10471, "energy": 57.808948, "activity_lines": [ 7.721333, 7.912182, 8.210095, 8.421978 ] }, { "date": "2026-05-15", "close": 7.48, "volume": 59652, "typical_volume": 56420.15, "trend": 8.641667, "fair_value": 8.881923, "relative_strength": -26.166209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.9761, "energy": 62.149147, "activity_lines": [ 7.586667, 7.811818, 8.117857, 8.343333 ] }, { "date": "2026-05-22", "close": 7.86, "volume": 275617, "typical_volume": 67843.8, "trend": 8.590333, "fair_value": 8.859872, "relative_strength": -24.327787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.081946, "energy": 55.184466, "activity_lines": [ 7.628, 7.793636, 8.06881, 8.292903 ] }, { "date": "2026-05-29", "close": 7.42, "volume": 84784, "typical_volume": 71653.05, "trend": 8.532667, "fair_value": 8.830833, "relative_strength": -27.552762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.424932, "energy": 53.217254, "activity_lines": [ 7.545333, 7.706182, 7.980905, 8.217398 ] }, { "date": "2026-06-05", "close": 7.1, "volume": 2200, "typical_volume": 67581.85, "trend": 8.449333, "fair_value": 8.805833, "relative_strength": -29.443624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.056598, "energy": 53.075552, "activity_lines": [ 7.398667, 7.572, 7.868381, 8.124968 ] }, { "date": "2026-06-12", "close": 7.2, "volume": 220, "typical_volume": 63974.05, "trend": 8.372667, "fair_value": 8.784679, "relative_strength": -27.540526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.822538, "energy": 49.019245, "activity_lines": [ 7.324, 7.472364, 7.776571, 8.044366 ] }, { "date": "2026-06-19", "close": 7.34, "volume": 18591, "typical_volume": 61869.4, "trend": 8.319, "fair_value": 8.767308, "relative_strength": -26.787579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.296363, "energy": 52.425506, "activity_lines": [ 7.3, 7.416364, 7.708095, 7.977742 ] }, { "date": "2026-06-26", "close": 7.46, "volume": 11561, "typical_volume": 60609.15, "trend": 8.261, "fair_value": 8.751923, "relative_strength": -24.248304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.903944, "energy": 46.164391, "activity_lines": [ 7.325333, 7.398182, 7.658714, 7.922323 ] }, { "date": "2026-07-03", "close": 7.02, "volume": 10613, "typical_volume": 57910.8, "trend": 8.193333, "fair_value": 8.734615, "relative_strength": -30.027917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.956726, "energy": 44.205422, "activity_lines": [ 7.230667, 7.313455, 7.573333, 7.842258 ] }, { "date": "2026-07-10", "close": 7.42, "volume": 46890, "typical_volume": 57731.85, "trend": 8.142333, "fair_value": 8.721282, "relative_strength": -23.756569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.261398, "energy": 34.595205, "activity_lines": [ 7.296, 7.320364, 7.534524, 7.792366 ] }, { "date": "2026-07-17", "close": 7.42, "volume": 10517, "typical_volume": 50217.7, "trend": 8.089667, "fair_value": 8.704744, "relative_strength": -22.22402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.462499, "energy": 26.478731, "activity_lines": [ 7.34, 7.332, 7.503, 7.745763 ] }, { "date": "2026-07-24", "close": 7.16, "volume": 18880, "typical_volume": 47624.7, "trend": 8.03, "fair_value": 8.68141, "relative_strength": -25.355159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.734684, "energy": 32.433005, "activity_lines": [ 7.282667, 7.293455, 7.451381, 7.685785 ] }, { "date": "2026-07-31", "close": 7.02, "volume": 18782, "typical_volume": 46108.25, "trend": 7.980667, "fair_value": 8.657179, "relative_strength": -26.970692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.057022, "energy": 33.367905, "activity_lines": [ 7.190667, 7.235273, 7.391381, 7.620624 ] }, { "date": "2026-08-07", "close": 7.3, "volume": 94575, "typical_volume": 49218.2, "trend": 7.935667, "fair_value": 8.632821, "relative_strength": -24.738228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.685057, "energy": 30.785045, "activity_lines": [ 7.221333, 7.243273, 7.364857, 7.57671 ] } ], "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." } } }