{ "ticker": { "uuid": "50914662-6930-4976-a244-50faf8143bae", "symbol": "CVG", "name": "Convergenze S.p.A. Societ\u00e0 Benefit", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "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": -48.903, "architecture_energy": 44.491, "architecture_maturity": 97.039, "architecture_confidence": 61.876, "architecture_tenure": "Established", "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": 20.29, "rotation_up": 26.44, "upward_expansion": 19.14, "deceleration": 66.95, "rotation_down": 41.01, "downward_expansion": 66.81 }, "activity_lines": [ 1.457333, 1.455455, 1.529619, 1.583419 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 1.5, "trend_reference": 1.659, "distance_from_trend": -0.095841, "trend_direction": "Weakening", "fair_value": 1.710824, "distance_from_fair_value": -0.123229, "fair_value_direction": "Weakening", "relative_strength": -27.556385, "relative_strength_direction": "Weakening", "price_momentum": -0.162011, "excess_performance": -0.332903, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.095841, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.057208, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.123229, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.098492, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.275564, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.075157, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.162011, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.470309, "read": "Supply-led" } ], "volume": { "latest": 13000, "relative_activity": 0.631835, "balance": 0.470309, "dry_up": 0.801944, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.053846, "annualized_volatility": 0.245849, "from_high_reference": -0.369748, "from_low_reference": 0.171875 }, "levels": { "trend_reference": 1.659, "fair_value_reference": 1.710824, "structural_low": 1.28, "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": 21, "median_return": 0.027027, "positive_rate": 0.52381, "directional_follow_through": 0.47619, "median_excess_return": -0.03934, "regime_survival": 0.761905, "best_return": 0.171271, "worst_return": -0.181818, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.061453, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.077125, "regime_survival": 0.571429, "best_return": 0.202247, "worst_return": -0.226087, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.056018, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.178412, "regime_survival": 0.25, "best_return": 0.296296, "worst_return": -0.122905, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.122176, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.410046, "regime_survival": 0.5, "best_return": 0.06839, "worst_return": -0.312742, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-10-18", "tenure": "Developing", "return": 0.130178, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-12-20", "tenure": "Developing", "return": -0.069149, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-24", "tenure": "Developing", "return": -0.090909, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": 0.061729, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-18", "tenure": "Developing", "return": -0.011834, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": -0.083333, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": -0.016043, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-20", "end": "2025-06-27", "tenure": "New", "return": -0.010363, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-10-17", "tenure": "Established", "return": -0.035176, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.122449, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.048387, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-02-13", "tenure": "Developing", "return": 0.061453, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.080645, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-08-07", "tenure": "Established", "return": -0.107143, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.633444, "volume": 1500, "typical_volume": 17575.0, "trend": 2.07718, "fair_value": 2.634401, "relative_strength": -34.168046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.784258, "energy": 76.475561, "activity_lines": [ 1.660831, 1.691953, 1.782816, 1.908346 ] }, { "date": "2023-08-25", "close": 1.741036, "volume": 10000, "typical_volume": 17150.0, "trend": 2.053054, "fair_value": 2.627927, "relative_strength": -30.075301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.994442, "energy": 56.619601, "activity_lines": [ 1.684958, 1.696755, 1.768144, 1.886659 ] }, { "date": "2023-09-01", "close": 1.77038, "volume": 11000, "typical_volume": 17450.0, "trend": 2.034143, "fair_value": 2.621758, "relative_strength": -29.135981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.431257, "energy": 44.235818, "activity_lines": [ 1.714953, 1.706892, 1.758596, 1.868422 ] }, { "date": "2023-09-08", "close": 1.829066, "volume": 8000, "typical_volume": 17650.0, "trend": 2.014581, "fair_value": 2.616096, "relative_strength": -24.827428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.853472, "energy": 31.239755, "activity_lines": [ 1.758642, 1.727699, 1.756919, 1.855191 ] }, { "date": "2023-09-15", "close": 1.907315, "volume": 33500, "typical_volume": 18950.0, "trend": 1.993389, "fair_value": 2.611069, "relative_strength": -22.521914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.430035, "energy": 24.174089, "activity_lines": [ 1.818633, 1.761488, 1.76507, 1.848271 ] }, { "date": "2023-09-22", "close": 2.014907, "volume": 15500, "typical_volume": 17950.0, "trend": 1.978065, "fair_value": 2.606871, "relative_strength": -16.430777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 20.658331, "energy": 35.577192, "activity_lines": [ 1.898186, 1.812705, 1.784632, 1.849659 ] }, { "date": "2023-09-29", "close": 2.073594, "volume": 13000, "typical_volume": 18325.0, "trend": 1.965024, "fair_value": 2.603141, "relative_strength": -12.167137, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.14524, "energy": 51.081071, "activity_lines": [ 1.97187, 1.869613, 1.809784, 1.855822 ] }, { "date": "2023-10-06", "close": 2.112718, "volume": 18500, "typical_volume": 18750.0, "trend": 1.95296, "fair_value": 2.599736, "relative_strength": -8.263987, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.27978, "energy": 66.802476, "activity_lines": [ 2.036426, 1.926522, 1.838288, 1.865351 ] }, { "date": "2023-10-13", "close": 2.093156, "volume": 23000, "typical_volume": 19325.0, "trend": 1.939593, "fair_value": 2.596242, "relative_strength": -9.696954, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.96373, "energy": 72.215364, "activity_lines": [ 2.071638, 1.972048, 1.865023, 1.874396 ] }, { "date": "2023-10-20", "close": 1.936658, "volume": 5500, "typical_volume": 19250.0, "trend": 1.921987, "fair_value": 2.591724, "relative_strength": -12.929369, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.496129, "energy": 60.448568, "activity_lines": [ 2.037078, 1.981651, 1.876574, 1.874207 ] }, { "date": "2023-10-27", "close": 1.653007, "volume": 32000, "typical_volume": 18300.0, "trend": 1.90112, "fair_value": 2.585339, "relative_strength": -24.66782, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -12.64757, "energy": 13.080104, "activity_lines": [ 1.906011, 1.934702, 1.860878, 1.856853 ] }, { "date": "2023-11-03", "close": 1.545414, "volume": 38000, "typical_volume": 18775.0, "trend": 1.878298, "fair_value": 2.578312, "relative_strength": -32.081435, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -53.876094, "energy": 43.297937, "activity_lines": [ 1.763207, 1.867835, 1.835308, 1.833904 ] }, { "date": "2023-11-10", "close": 1.340011, "volume": 64000, "typical_volume": 21775.0, "trend": 1.847976, "fair_value": 2.570001, "relative_strength": -39.93759, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.713571, "energy": 66.141093, "activity_lines": [ 1.587147, 1.767178, 1.791106, 1.799176 ] }, { "date": "2023-11-17", "close": 1.027016, "volume": 346500, "typical_volume": 39050.0, "trend": 1.804614, "fair_value": 2.559715, "relative_strength": -54.777272, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.428897, "energy": 94.955136, "activity_lines": [ 1.358269, 1.617439, 1.719145, 1.746211 ] }, { "date": "2023-11-24", "close": 1.320449, "volume": 377500, "typical_volume": 57425.0, "trend": 1.7769, "fair_value": 2.551508, "relative_strength": -40.928466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.246775, "energy": 85.948838, "activity_lines": [ 1.298278, 1.535633, 1.678624, 1.714974 ] }, { "date": "2023-12-01", "close": 1.33023, "volume": 63500, "typical_volume": 59175.0, "trend": 1.754078, "fair_value": 2.543473, "relative_strength": -40.616352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.111583, "energy": 84.526031, "activity_lines": [ 1.282629, 1.466276, 1.641269, 1.686157 ] }, { "date": "2023-12-08", "close": 1.281324, "volume": 54500, "typical_volume": 60850.0, "trend": 1.730277, "fair_value": 2.535224, "relative_strength": -42.804659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.176522, "energy": 76.195265, "activity_lines": [ 1.272195, 1.400476, 1.601213, 1.655657 ] }, { "date": "2023-12-15", "close": 1.310668, "volume": 90000, "typical_volume": 62800.0, "trend": 1.70289, "fair_value": 2.527272, "relative_strength": -40.471555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.629615, "energy": 54.456178, "activity_lines": [ 1.289149, 1.354416, 1.565861, 1.628585 ] }, { "date": "2023-12-22", "close": 1.291106, "volume": 16000, "typical_volume": 61250.0, "trend": 1.678111, "fair_value": 2.519297, "relative_strength": -40.339426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.84228, "energy": 51.247861, "activity_lines": [ 1.301539, 1.319382, 1.530417, 1.602018 ] }, { "date": "2023-12-29", "close": 1.349792, "volume": 66000, "typical_volume": 64375.0, "trend": 1.660179, "fair_value": 2.5118, "relative_strength": -36.529241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.220608, "energy": 41.633817, "activity_lines": [ 1.315884, 1.309601, 1.502424, 1.580837 ] }, { "date": "2024-01-05", "close": 1.41826, "volume": 31500, "typical_volume": 65875.0, "trend": 1.649746, "fair_value": 2.499323, "relative_strength": -32.562366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.951087, "energy": 34.228267, "activity_lines": [ 1.351096, 1.322939, 1.482443, 1.565229 ] }, { "date": "2024-01-12", "close": 1.349792, "volume": 66000, "typical_volume": 68675.0, "trend": 1.636705, "fair_value": 2.488476, "relative_strength": -34.980146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.158379, "energy": 30.554204, "activity_lines": [ 1.357617, 1.328096, 1.456965, 1.545877 ] }, { "date": "2024-01-19", "close": 1.398698, "volume": 25500, "typical_volume": 69400.0, "trend": 1.624315, "fair_value": 2.479322, "relative_strength": -31.166613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.299094, "energy": 25.078394, "activity_lines": [ 1.375875, 1.345702, 1.438008, 1.530522 ] }, { "date": "2024-01-26", "close": 1.467165, "volume": 201000, "typical_volume": 79050.0, "trend": 1.614534, "fair_value": 2.470732, "relative_strength": -27.083752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.053159, "energy": 20.273686, "activity_lines": [ 1.411087, 1.37469, 1.427342, 1.520383 ] }, { "date": "2024-02-02", "close": 1.457384, "volume": 38000, "typical_volume": 79275.0, "trend": 1.603449, "fair_value": 2.461578, "relative_strength": -27.542522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.346934, "energy": 18.059509, "activity_lines": [ 1.431301, 1.393896, 1.417468, 1.510244 ] }, { "date": "2024-02-09", "close": 1.447603, "volume": 29500, "typical_volume": 79975.0, "trend": 1.593668, "fair_value": 2.4528, "relative_strength": -28.15145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.656753, "energy": 15.052198, "activity_lines": [ 1.441082, 1.408834, 1.408805, 1.50019 ] }, { "date": "2024-02-16", "close": 1.447603, "volume": 32000, "typical_volume": 80925.0, "trend": 1.585843, "fair_value": 2.444147, "relative_strength": -28.476837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.580649, "energy": 15.608054, "activity_lines": [ 1.448907, 1.421639, 1.402843, 1.490766 ] }, { "date": "2024-02-23", "close": 1.447603, "volume": 38000, "typical_volume": 81900.0, "trend": 1.578018, "fair_value": 2.435996, "relative_strength": -29.589279, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.060913, "energy": 14.250251, "activity_lines": [ 1.450211, 1.43142, 1.399862, 1.481848 ] }, { "date": "2024-03-01", "close": 1.437822, "volume": 27500, "typical_volume": 82125.0, "trend": 1.569867, "fair_value": 2.427093, "relative_strength": -29.592266, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.142161, "energy": 12.850273, "activity_lines": [ 1.444995, 1.436933, 1.399117, 1.472803 ] }, { "date": "2024-03-08", "close": 1.408479, "volume": 44000, "typical_volume": 84050.0, "trend": 1.56139, "fair_value": 2.418879, "relative_strength": -30.960236, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.619114, "energy": 18.83377, "activity_lines": [ 1.431953, 1.434443, 1.398698, 1.462391 ] }, { "date": "2024-03-15", "close": 1.428041, "volume": 28500, "typical_volume": 83875.0, "trend": 1.554543, "fair_value": 2.410791, "relative_strength": -29.875716, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.9582, "energy": 17.272215, "activity_lines": [ 1.428693, 1.434443, 1.402657, 1.453787 ] }, { "date": "2024-03-22", "close": 1.408479, "volume": 7500, "typical_volume": 82350.0, "trend": 1.543458, "fair_value": 2.40264, "relative_strength": -30.441897, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.081643, "energy": 17.904927, "activity_lines": [ 1.420216, 1.430709, 1.405824, 1.444364 ] }, { "date": "2024-03-29", "close": 1.467165, "volume": 118000, "typical_volume": 85050.0, "trend": 1.533351, "fair_value": 2.393486, "relative_strength": -27.399632, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.215285, "energy": 10.683362, "activity_lines": [ 1.43391, 1.436577, 1.415232, 1.439442 ] }, { "date": "2024-04-05", "close": 1.535633, "volume": 30500, "typical_volume": 69250.0, "trend": 1.52357, "fair_value": 2.38383, "relative_strength": -21.404182, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.421368, "energy": 9.796313, "activity_lines": [ 1.469122, 1.45365, 1.430556, 1.439589 ] }, { "date": "2024-04-12", "close": 1.555195, "volume": 49500, "typical_volume": 52850.0, "trend": 1.511832, "fair_value": 2.374049, "relative_strength": -18.879661, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 18.55545, "energy": 27.375655, "activity_lines": [ 1.504333, 1.473034, 1.445321, 1.441629 ] }, { "date": "2024-04-19", "close": 1.496509, "volume": 24000, "typical_volume": 50875.0, "trend": 1.494552, "fair_value": 2.363892, "relative_strength": -21.243158, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.547862, "energy": 39.398796, "activity_lines": [ 1.510202, 1.47997, 1.453379, 1.440641 ] }, { "date": "2024-04-26", "close": 1.486728, "volume": 36500, "typical_volume": 49975.0, "trend": 1.47499, "fair_value": 2.353923, "relative_strength": -21.535745, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.300702, "energy": 45.420712, "activity_lines": [ 1.508246, 1.484238, 1.459713, 1.440136 ] }, { "date": "2024-05-03", "close": 1.643225, "volume": 117000, "typical_volume": 51325.0, "trend": 1.45934, "fair_value": 2.345396, "relative_strength": -10.906544, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.158486, "energy": 60.353351, "activity_lines": [ 1.553239, 1.516249, 1.479974, 1.45099 ] }, { "date": "2024-05-10", "close": 1.711693, "volume": 171500, "typical_volume": 59100.0, "trend": 1.446625, "fair_value": 2.337307, "relative_strength": -9.196524, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 80.601213, "energy": 75.022831, "activity_lines": [ 1.609317, 1.557152, 1.505172, 1.467271 ] }, { "date": "2024-05-17", "close": 1.750817, "volume": 42500, "typical_volume": 57925.0, "trend": 1.44043, "fair_value": 2.329157, "relative_strength": -8.157966, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.856412, "energy": 83.241357, "activity_lines": [ 1.6667, 1.600188, 1.532093, 1.486896 ] }, { "date": "2024-05-24", "close": 1.711693, "volume": 28000, "typical_volume": 57750.0, "trend": 1.442387, "fair_value": 2.321883, "relative_strength": -6.965005, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.987043, "energy": 81.373479, "activity_lines": [ 1.697999, 1.629887, 1.553379, 1.504397 ] }, { "date": "2024-05-31", "close": 1.75127, "volume": 16500, "typical_volume": 55275.0, "trend": 1.449248, "fair_value": 2.313547, "relative_strength": -4.161286, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.425114, "energy": 82.163646, "activity_lines": [ 1.728146, 1.661625, 1.577036, 1.524325 ] }, { "date": "2024-06-07", "close": 1.771058, "volume": 23000, "typical_volume": 55150.0, "trend": 1.463617, "fair_value": 2.305401, "relative_strength": -3.103579, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.708341, "energy": 79.598441, "activity_lines": [ 1.747252, 1.690728, 1.600667, 1.545087 ] }, { "date": "2024-06-14", "close": 1.780952, "volume": 19500, "typical_volume": 46075.0, "trend": 1.488748, "fair_value": 2.297945, "relative_strength": 3.689917, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.748987, "energy": 62.935748, "activity_lines": [ 1.761134, 1.716104, 1.623466, 1.56556 ] }, { "date": "2024-06-21", "close": 1.800741, "volume": 11000, "typical_volume": 44725.0, "trend": 1.504758, "fair_value": 2.290929, "relative_strength": 3.23041, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.251272, "energy": 59.072455, "activity_lines": [ 1.776995, 1.740618, 1.646656, 1.585688 ] }, { "date": "2024-06-28", "close": 1.810635, "volume": 6500, "typical_volume": 43575.0, "trend": 1.520771, "fair_value": 2.2836, "relative_strength": 4.580537, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.97384, "energy": 61.979799, "activity_lines": [ 1.792825, 1.762466, 1.669153, 1.605422 ] }, { "date": "2024-07-05", "close": 1.850212, "volume": 15500, "typical_volume": 42750.0, "trend": 1.539734, "fair_value": 2.276651, "relative_strength": 4.629483, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.958247, "energy": 63.486037, "activity_lines": [ 1.815252, 1.785799, 1.69369, 1.626677 ] }, { "date": "2024-07-12", "close": 1.860106, "volume": 13500, "typical_volume": 41525.0, "trend": 1.558049, "fair_value": 2.269514, "relative_strength": 3.651526, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.850016, "energy": 67.292954, "activity_lines": [ 1.834381, 1.804322, 1.717253, 1.647346 ] }, { "date": "2024-07-19", "close": 1.820529, "volume": 10500, "typical_volume": 40675.0, "trend": 1.575696, "fair_value": 2.262437, "relative_strength": 2.722347, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.531668, "energy": 59.396191, "activity_lines": [ 1.834381, 1.811706, 1.735082, 1.66428 ] }, { "date": "2024-07-26", "close": 1.761164, "volume": 26000, "typical_volume": 39775.0, "trend": 1.589408, "fair_value": 2.25523, "relative_strength": 0.744901, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.835242, "energy": 46.507255, "activity_lines": [ 1.811954, 1.806318, 1.745435, 1.676246 ] }, { "date": "2024-08-02", "close": 1.484127, "volume": 51000, "typical_volume": 40900.0, "trend": 1.591604, "fair_value": 2.246059, "relative_strength": -9.929723, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 5.359218, "energy": 13.133143, "activity_lines": [ 1.69982, 1.75037, 1.727724, 1.669453 ] }, { "date": "2024-08-09", "close": 1.672116, "volume": 24000, "typical_volume": 41725.0, "trend": 1.602348, "fair_value": 2.237655, "relative_strength": 2.473143, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 21.25104, "energy": 24.757546, "activity_lines": [ 1.672116, 1.732741, 1.72765, 1.674648 ] }, { "date": "2024-08-16", "close": 1.672116, "volume": 2500, "typical_volume": 35950.0, "trend": 1.611462, "fair_value": 2.229814, "relative_strength": -1.126718, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.983514, "energy": 24.452523, "activity_lines": [ 1.656285, 1.71655, 1.72632, 1.679149 ] }, { "date": "2024-08-23", "close": 1.642434, "volume": 12500, "typical_volume": 35050.0, "trend": 1.617304, "fair_value": 2.221407, "relative_strength": -4.174609, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.096954, "energy": 24.787696, "activity_lines": [ 1.643093, 1.696762, 1.721188, 1.681147 ] }, { "date": "2024-08-30", "close": 1.672116, "volume": 1000, "typical_volume": 32625.0, "trend": 1.624462, "fair_value": 2.212564, "relative_strength": -4.018444, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.182294, "energy": 15.787179, "activity_lines": [ 1.651668, 1.684889, 1.718373, 1.684683 ] }, { "date": "2024-09-06", "close": 1.642434, "volume": 5000, "typical_volume": 31675.0, "trend": 1.630956, "fair_value": 2.203718, "relative_strength": -2.08411, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.45506, "energy": 13.696795, "activity_lines": [ 1.656286, 1.669958, 1.712176, 1.685843 ] }, { "date": "2024-09-13", "close": 1.652328, "volume": 4500, "typical_volume": 30075.0, "trend": 1.637781, "fair_value": 2.194623, "relative_strength": -1.67723, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.006628, "energy": 12.011189, "activity_lines": [ 1.653647, 1.659883, 1.706225, 1.687221 ] }, { "date": "2024-09-20", "close": 1.592963, "volume": 21000, "typical_volume": 25275.0, "trend": 1.642626, "fair_value": 2.185522, "relative_strength": -4.90227, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.6985, "energy": 22.853356, "activity_lines": [ 1.63254, 1.642614, 1.693832, 1.68433 ] }, { "date": "2024-09-27", "close": 1.662222, "volume": 22000, "typical_volume": 17800.0, "trend": 1.650106, "fair_value": 2.177242, "relative_strength": -2.559946, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.945393, "energy": 16.293832, "activity_lines": [ 1.639795, 1.642794, 1.688275, 1.685594 ] }, { "date": "2024-10-04", "close": 1.741376, "volume": 52000, "typical_volume": 18275.0, "trend": 1.661203, "fair_value": 2.167714, "relative_strength": 6.52924, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 4.175758, "energy": 5.006402, "activity_lines": [ 1.672116, 1.660243, 1.690491, 1.691483 ] }, { "date": "2024-10-11", "close": 1.810635, "volume": 50500, "typical_volume": 19400.0, "trend": 1.673956, "fair_value": 2.159006, "relative_strength": 9.384039, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.070069, "energy": 23.888449, "activity_lines": [ 1.722907, 1.690646, 1.699349, 1.701123 ] }, { "date": "2024-10-18", "close": 1.889788, "volume": 154500, "typical_volume": 26300.0, "trend": 1.689999, "fair_value": 2.150931, "relative_strength": 12.024134, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.844759, "energy": 46.378729, "activity_lines": [ 1.788868, 1.729503, 1.715274, 1.715048 ] }, { "date": "2024-10-25", "close": 1.860106, "volume": 71000, "typical_volume": 28700.0, "trend": 1.703097, "fair_value": 2.143293, "relative_strength": 11.940211, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.255388, "energy": 65.291194, "activity_lines": [ 1.829104, 1.759005, 1.727712, 1.726023 ] }, { "date": "2024-11-01", "close": 1.879894, "volume": 46500, "typical_volume": 30050.0, "trend": 1.714573, "fair_value": 2.135844, "relative_strength": 13.44273, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.145355, "energy": 77.039108, "activity_lines": [ 1.858127, 1.788688, 1.741611, 1.737429 ] }, { "date": "2024-11-08", "close": 1.771058, "volume": 96000, "typical_volume": 34300.0, "trend": 1.721768, "fair_value": 2.126192, "relative_strength": 9.353879, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.521858, "energy": 68.271482, "activity_lines": [ 1.83636, 1.794264, 1.744674, 1.741073 ] }, { "date": "2024-11-15", "close": 1.850212, "volume": 18500, "typical_volume": 34900.0, "trend": 1.733558, "fair_value": 2.117174, "relative_strength": 12.119578, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.460661, "energy": 53.879171, "activity_lines": [ 1.838998, 1.812434, 1.755416, 1.74936 ] }, { "date": "2024-11-22", "close": 1.721587, "volume": 31000, "typical_volume": 35675.0, "trend": 1.741387, "fair_value": 2.106516, "relative_strength": 6.219499, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.380515, "energy": 20.760555, "activity_lines": [ 1.796123, 1.803439, 1.75372, 1.748588 ] }, { "date": "2024-11-29", "close": 1.741376, "volume": 10000, "typical_volume": 35500.0, "trend": 1.744659, "fair_value": 2.096361, "relative_strength": 7.370563, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.053641, "energy": 18.291724, "activity_lines": [ 1.771058, 1.796783, 1.754521, 1.748587 ] }, { "date": "2024-12-06", "close": 1.790846, "volume": 13500, "typical_volume": 35650.0, "trend": 1.747297, "fair_value": 2.086962, "relative_strength": 5.785094, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.08014, "energy": 16.608971, "activity_lines": [ 1.770398, 1.796423, 1.760599, 1.751567 ] }, { "date": "2024-12-13", "close": 1.761164, "volume": 20000, "typical_volume": 35350.0, "trend": 1.747642, "fair_value": 2.078501, "relative_strength": 3.31844, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.923351, "energy": 17.361437, "activity_lines": [ 1.765781, 1.788328, 1.763991, 1.752461 ] }, { "date": "2024-12-20", "close": 1.731481, "volume": 22000, "typical_volume": 33900.0, "trend": 1.748302, "fair_value": 2.070539, "relative_strength": 4.595449, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.117664, "energy": 12.339407, "activity_lines": [ 1.751929, 1.774476, 1.764556, 1.751419 ] }, { "date": "2024-12-27", "close": 1.741376, "volume": 1000, "typical_volume": 32750.0, "trend": 1.747972, "fair_value": 2.062391, "relative_strength": 3.712243, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.180837, "energy": 7.511856, "activity_lines": [ 1.749291, 1.763862, 1.764886, 1.750972 ] }, { "date": "2025-01-03", "close": 1.790846, "volume": 32000, "typical_volume": 34225.0, "trend": 1.748631, "fair_value": 2.053932, "relative_strength": 6.516476, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.444413, "energy": 10.175562, "activity_lines": [ 1.761823, 1.764942, 1.769598, 1.753738 ] }, { "date": "2025-01-10", "close": 1.761164, "volume": 18000, "typical_volume": 34500.0, "trend": 1.747972, "fair_value": 2.045032, "relative_strength": 1.645471, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.651138, "energy": 8.577529, "activity_lines": [ 1.761164, 1.761883, 1.770917, 1.754547 ] }, { "date": "2025-01-17", "close": 1.691905, "volume": 24500, "typical_volume": 35675.0, "trend": 1.744344, "fair_value": 2.036441, "relative_strength": -5.540534, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.041336, "energy": 14.461558, "activity_lines": [ 1.739397, 1.748391, 1.765075, 1.750929 ] }, { "date": "2025-01-24", "close": 1.583069, "volume": 39000, "typical_volume": 37375.0, "trend": 1.736758, "fair_value": 2.027654, "relative_strength": -11.295604, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.893634, "energy": 44.456178, "activity_lines": [ 1.685968, 1.71655, 1.748773, 1.740524 ] }, { "date": "2025-01-31", "close": 1.602857, "volume": 20000, "typical_volume": 38150.0, "trend": 1.728513, "fair_value": 2.019119, "relative_strength": -10.732412, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.406337, "energy": 53.706953, "activity_lines": [ 1.64903, 1.693164, 1.734638, 1.731886 ] }, { "date": "2025-02-07", "close": 1.75127, "volume": 47000, "typical_volume": 39450.0, "trend": 1.724885, "fair_value": 2.010908, "relative_strength": -4.03387, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.329161, "energy": 40.666275, "activity_lines": [ 1.670797, 1.698921, 1.734874, 1.733354 ] }, { "date": "2025-02-14", "close": 1.652328, "volume": 22000, "typical_volume": 39450.0, "trend": 1.719279, "fair_value": 2.003129, "relative_strength": -11.580932, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.762579, "energy": 45.450992, "activity_lines": [ 1.662222, 1.686508, 1.724932, 1.728673 ] }, { "date": "2025-02-21", "close": 1.682011, "volume": 11500, "typical_volume": 37425.0, "trend": 1.71664, "fair_value": 1.99623, "relative_strength": -11.013319, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.922782, "energy": 22.086499, "activity_lines": [ 1.670797, 1.682011, 1.717865, 1.726268 ] }, { "date": "2025-02-28", "close": 1.701799, "volume": 14500, "typical_volume": 35625.0, "trend": 1.723896, "fair_value": 1.991088, "relative_strength": -10.524318, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.054835, "energy": 7.392774, "activity_lines": [ 1.686628, 1.68255, 1.712965, 1.725311 ] }, { "date": "2025-03-07", "close": 1.672116, "volume": 23500, "typical_volume": 29075.0, "trend": 1.723896, "fair_value": 1.984376, "relative_strength": -11.983699, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.220742, "energy": 21.892521, "activity_lines": [ 1.684649, 1.678233, 1.705757, 1.72197 ] }, { "date": "2025-03-14", "close": 1.642434, "volume": 12500, "typical_volume": 26150.0, "trend": 1.722907, "fair_value": 1.978038, "relative_strength": -13.698718, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.673525, "energy": 28.281628, "activity_lines": [ 1.668159, 1.669778, 1.696758, 1.716715 ] }, { "date": "2025-03-21", "close": 1.642434, "volume": 16500, "typical_volume": 24650.0, "trend": 1.722907, "fair_value": 1.971262, "relative_strength": -14.576538, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.502809, "energy": 31.66806, "activity_lines": [ 1.658924, 1.664021, 1.688795, 1.711523 ] }, { "date": "2025-03-28", "close": 1.711693, "volume": 51500, "typical_volume": 22425.0, "trend": 1.724226, "fair_value": 1.964678, "relative_strength": -10.360586, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.032418, "energy": 20.252239, "activity_lines": [ 1.673436, 1.673016, 1.68856, 1.710799 ] }, { "date": "2025-04-04", "close": 1.652328, "volume": 22000, "typical_volume": 22600.0, "trend": 1.724556, "fair_value": 1.957777, "relative_strength": -3.350963, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.818479, "energy": 25.461614, "activity_lines": [ 1.66618, 1.670857, 1.682953, 1.706161 ] }, { "date": "2025-04-11", "close": 1.602857, "volume": 49000, "typical_volume": 23500.0, "trend": 1.722907, "fair_value": 1.95037, "relative_strength": -4.572452, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.781075, "energy": 30.224431, "activity_lines": [ 1.645732, 1.658444, 1.673577, 1.698309 ] }, { "date": "2025-04-18", "close": 1.652328, "volume": 76500, "typical_volume": 26825.0, "trend": 1.724885, "fair_value": 1.943908, "relative_strength": -7.029574, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.882793, "energy": 24.31423, "activity_lines": [ 1.646391, 1.655026, 1.669478, 1.693756 ] }, { "date": "2025-04-25", "close": 2.018413, "volume": 326000, "typical_volume": 42450.0, "trend": 1.736758, "fair_value": 1.939792, "relative_strength": 8.957695, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.477394, "energy": 30.349554, "activity_lines": [ 1.76842, 1.719968, 1.700668, 1.712693 ] }, { "date": "2025-05-02", "close": 1.909577, "volume": 71000, "typical_volume": 45000.0, "trend": 1.742365, "fair_value": 1.935167, "relative_strength": 0.409511, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.002556, "energy": 42.650861, "activity_lines": [ 1.829104, 1.758466, 1.720409, 1.723843 ] }, { "date": "2025-05-09", "close": 1.899682, "volume": 62000, "typical_volume": 47000.0, "trend": 1.745333, "fair_value": 1.93098, "relative_strength": -2.711651, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.330867, "energy": 53.942939, "activity_lines": [ 1.873298, 1.791026, 1.738502, 1.733992 ] }, { "date": "2025-05-16", "close": 1.879894, "volume": 21500, "typical_volume": 48025.0, "trend": 1.745003, "fair_value": 1.92629, "relative_strength": -6.653787, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.830482, "energy": 58.055477, "activity_lines": [ 1.894406, 1.816391, 1.753908, 1.742674 ] }, { "date": "2025-05-23", "close": 1.850212, "volume": 38500, "typical_volume": 48350.0, "trend": 1.744674, "fair_value": 1.922099, "relative_strength": -5.277665, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.242638, "energy": 58.203948, "activity_lines": [ 1.88715, 1.832582, 1.765828, 1.749461 ] }, { "date": "2025-05-30", "close": 1.87, "volume": 59000, "typical_volume": 50400.0, "trend": 1.744344, "fair_value": 1.917847, "relative_strength": -5.574817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.594997, "energy": 39.25787, "activity_lines": [ 1.873298, 1.848593, 1.77935, 1.757547 ] }, { "date": "2025-06-06", "close": 1.88, "volume": 14000, "typical_volume": 49875.0, "trend": 1.747975, "fair_value": 1.914913, "relative_strength": -6.098707, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.105897, "energy": 33.247984, "activity_lines": [ 1.872674, 1.862284, 1.793307, 1.766299 ] }, { "date": "2025-06-13", "close": 1.84, "volume": 18500, "typical_volume": 48850.0, "trend": 1.747635, "fair_value": 1.912601, "relative_strength": -5.095317, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.115544, "energy": 24.415942, "activity_lines": [ 1.860688, 1.865642, 1.802558, 1.772236 ] }, { "date": "2025-06-20", "close": 1.93, "volume": 50000, "typical_volume": 50350.0, "trend": 1.754582, "fair_value": 1.910489, "relative_strength": 0.265406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.864125, "energy": 31.626197, "activity_lines": [ 1.882681, 1.881952, 1.819156, 1.784001 ] }, { "date": "2025-06-27", "close": 1.91, "volume": 50500, "typical_volume": 50525.0, "trend": 1.760203, "fair_value": 1.908437, "relative_strength": -1.797242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.747175, "energy": 32.982192, "activity_lines": [ 1.894667, 1.888677, 1.832293, 1.794028 ] }, { "date": "2025-07-04", "close": 1.99, "volume": 68500, "typical_volume": 52850.0, "trend": 1.766841, "fair_value": 1.904139, "relative_strength": 2.796001, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.948345, "energy": 44.339097, "activity_lines": [ 1.929333, 1.905263, 1.852292, 1.808854 ] }, { "date": "2025-07-11", "close": 1.92, "volume": 54500, "typical_volume": 55000.0, "trend": 1.772136, "fair_value": 1.900208, "relative_strength": -1.720811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.066545, "energy": 43.078386, "activity_lines": [ 1.932667, 1.909638, 1.864017, 1.818735 ] }, { "date": "2025-07-18", "close": 1.8, "volume": 66000, "typical_volume": 57575.0, "trend": 1.77442, "fair_value": 1.896072, "relative_strength": -8.08787, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.706522, "energy": 24.966508, "activity_lines": [ 1.893333, 1.892006, 1.86318, 1.820533 ] }, { "date": "2025-07-25", "close": 1.79, "volume": 30000, "typical_volume": 57900.0, "trend": 1.776041, "fair_value": 1.890492, "relative_strength": -9.235362, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.216619, "energy": 13.013072, "activity_lines": [ 1.853333, 1.874367, 1.860923, 1.821538 ] }, { "date": "2025-08-01", "close": 1.9, "volume": 144000, "typical_volume": 64475.0, "trend": 1.779679, "fair_value": 1.885554, "relative_strength": -1.81648, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.254771, "energy": 19.933962, "activity_lines": [ 1.859333, 1.878364, 1.868581, 1.829535 ] }, { "date": "2025-08-08", "close": 1.99, "volume": 156500, "typical_volume": 71475.0, "trend": 1.787307, "fair_value": 1.881006, "relative_strength": -1.130185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.509365, "energy": 22.215698, "activity_lines": [ 1.896, 1.897818, 1.883584, 1.843105 ] }, { "date": "2025-08-15", "close": 1.96, "volume": 25500, "typical_volume": 70175.0, "trend": 1.796243, "fair_value": 1.876766, "relative_strength": -4.795887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.551364, "energy": 35.218727, "activity_lines": [ 1.922667, 1.909636, 1.894074, 1.854246 ] }, { "date": "2025-08-22", "close": 1.92, "volume": 25500, "typical_volume": 70350.0, "trend": 1.807474, "fair_value": 1.872333, "relative_strength": -7.98726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.335295, "energy": 41.144765, "activity_lines": [ 1.933333, 1.912727, 1.899573, 1.86223 ] }, { "date": "2025-08-29", "close": 1.76, "volume": 80000, "typical_volume": 71900.0, "trend": 1.812713, "fair_value": 1.867125, "relative_strength": -13.187888, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.361402, "energy": 8.905974, "activity_lines": [ 1.882667, 1.885273, 1.888559, 1.859167 ] }, { "date": "2025-09-05", "close": 2.24, "volume": 462500, "typical_volume": 91200.0, "trend": 1.829004, "fair_value": 1.864806, "relative_strength": 11.848089, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.55601, "energy": 47.336423, "activity_lines": [ 1.994, 1.948182, 1.922511, 1.886734 ] }, { "date": "2025-09-12", "close": 2.06, "volume": 237000, "typical_volume": 86750.0, "trend": 1.842593, "fair_value": 1.861396, "relative_strength": 0.578567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.636191, "energy": 35.095207, "activity_lines": [ 2.022667, 1.972364, 1.936521, 1.901637 ] }, { "date": "2025-09-19", "close": 1.97, "volume": 58000, "typical_volume": 86100.0, "trend": 1.852192, "fair_value": 1.858726, "relative_strength": -3.214137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.237661, "energy": 31.074537, "activity_lines": [ 2.016667, 1.978909, 1.941762, 1.909857 ] }, { "date": "2025-09-26", "close": 2.06, "volume": 92500, "typical_volume": 87625.0, "trend": 1.864132, "fair_value": 1.85682, "relative_strength": 0.397274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.47525, "energy": 50.96021, "activity_lines": [ 2.04, 2.000909, 1.955287, 1.923264 ] }, { "date": "2025-10-03", "close": 2.02, "volume": 43500, "typical_volume": 88725.0, "trend": 1.875728, "fair_value": 1.854157, "relative_strength": -2.745217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.773855, "energy": 29.300631, "activity_lines": [ 2.040667, 2.010909, 1.964239, 1.93332 ] }, { "date": "2025-10-10", "close": 2.0, "volume": 53500, "typical_volume": 89475.0, "trend": 1.887647, "fair_value": 1.851992, "relative_strength": -0.729985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.183431, "energy": 24.077805, "activity_lines": [ 2.017333, 2.013091, 1.970619, 1.941338 ] }, { "date": "2025-10-17", "close": 1.92, "volume": 36000, "typical_volume": 88325.0, "trend": 1.896899, "fair_value": 1.848876, "relative_strength": -3.741401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.52041, "energy": 14.725929, "activity_lines": [ 1.983333, 1.998909, 1.968667, 1.943425 ] }, { "date": "2025-10-24", "close": 1.96, "volume": 11000, "typical_volume": 88175.0, "trend": 1.905176, "fair_value": 1.846016, "relative_strength": -3.135159, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.533325, "energy": 13.528844, "activity_lines": [ 1.972, 1.993273, 1.970286, 1.947496 ] }, { "date": "2025-10-31", "close": 1.97, "volume": 4000, "typical_volume": 87450.0, "trend": 1.915765, "fair_value": 1.842342, "relative_strength": -3.859106, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.077298, "energy": 14.36204, "activity_lines": [ 1.964667, 1.989455, 1.972476, 1.951678 ] }, { "date": "2025-11-07", "close": 1.87, "volume": 9000, "typical_volume": 85400.0, "trend": 1.92467, "fair_value": 1.838153, "relative_strength": -7.864322, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.676155, "energy": 11.906372, "activity_lines": [ 1.93, 1.966545, 1.964524, 1.948725 ] }, { "date": "2025-11-14", "close": 1.8, "volume": 35500, "typical_volume": 84650.0, "trend": 1.929593, "fair_value": 1.83364, "relative_strength": -13.017449, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.335627, "energy": 22.98561, "activity_lines": [ 1.882, 1.928909, 1.95019, 1.940682 ] }, { "date": "2025-11-21", "close": 1.72, "volume": 25000, "typical_volume": 82475.0, "trend": 1.919646, "fair_value": 1.828991, "relative_strength": -13.896209, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.114671, "energy": 40.163629, "activity_lines": [ 1.820667, 1.884727, 1.928762, 1.92716 ] }, { "date": "2025-11-28", "close": 1.86, "volume": 6000, "typical_volume": 80050.0, "trend": 1.917993, "fair_value": 1.824863, "relative_strength": -8.032296, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.546114, "energy": 41.271961, "activity_lines": [ 1.819333, 1.872182, 1.921952, 1.923312 ] }, { "date": "2025-12-05", "close": 1.78, "volume": 19000, "typical_volume": 77700.0, "trend": 1.914004, "fair_value": 1.820285, "relative_strength": -11.75801, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.725469, "energy": 53.213078, "activity_lines": [ 1.798, 1.847091, 1.90781, 1.914409 ] }, { "date": "2025-12-12", "close": 1.77, "volume": 9000, "typical_volume": 76650.0, "trend": 1.91034, "fair_value": 1.815643, "relative_strength": -12.06015, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.846604, "energy": 65.996586, "activity_lines": [ 1.786, 1.825273, 1.89281, 1.905119 ] }, { "date": "2025-12-19", "close": 1.79, "volume": 10000, "typical_volume": 69950.0, "trend": 1.908333, "fair_value": 1.811129, "relative_strength": -13.130681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.937658, "energy": 55.358626, "activity_lines": [ 1.787333, 1.811636, 1.87981, 1.897355 ] }, { "date": "2025-12-26", "close": 1.72, "volume": 9000, "typical_volume": 62575.0, "trend": 1.903333, "fair_value": 1.805665, "relative_strength": -15.808574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.44618, "energy": 66.396666, "activity_lines": [ 1.766, 1.789091, 1.860667, 1.885204 ] }, { "date": "2026-01-02", "close": 1.75, "volume": 12500, "typical_volume": 61925.0, "trend": 1.899, "fair_value": 1.801145, "relative_strength": -15.293503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.755145, "energy": 57.323794, "activity_lines": [ 1.754667, 1.775636, 1.845667, 1.875312 ] }, { "date": "2026-01-09", "close": 1.82, "volume": 15000, "typical_volume": 61400.0, "trend": 1.898333, "fair_value": 1.797262, "relative_strength": -12.18497, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.861101, "energy": 38.514352, "activity_lines": [ 1.774, 1.778727, 1.838333, 1.870215 ] }, { "date": "2026-01-16", "close": 1.85, "volume": 5000, "typical_volume": 57650.0, "trend": 1.895667, "fair_value": 1.792631, "relative_strength": -10.658189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.59812, "energy": 27.944023, "activity_lines": [ 1.800667, 1.79, 1.834333, 1.867097 ] }, { "date": "2026-01-23", "close": 1.85, "volume": 15000, "typical_volume": 35275.0, "trend": 1.893667, "fair_value": 1.78869, "relative_strength": -8.633356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.993457, "energy": 18.977876, "activity_lines": [ 1.822, 1.801636, 1.829905, 1.864151 ] }, { "date": "2026-01-30", "close": 1.83, "volume": 7000, "typical_volume": 23775.0, "trend": 1.888333, "fair_value": 1.785436, "relative_strength": -10.858399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.826833, "energy": 20.727403, "activity_lines": [ 1.832667, 1.808727, 1.825429, 1.860043 ] }, { "date": "2026-02-06", "close": 1.79, "volume": 15000, "typical_volume": 21625.0, "trend": 1.884, "fair_value": 1.781423, "relative_strength": -13.166807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.98527, "energy": 19.761055, "activity_lines": [ 1.822667, 1.806545, 1.818238, 1.853699 ] }, { "date": "2026-02-13", "close": 1.9, "volume": 13500, "typical_volume": 17675.0, "trend": 1.887333, "fair_value": 1.777301, "relative_strength": -6.858653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.856679, "energy": 9.204099, "activity_lines": [ 1.846667, 1.825636, 1.822381, 1.854731 ] }, { "date": "2026-02-20", "close": 1.86, "volume": 4500, "typical_volume": 15725.0, "trend": 1.889667, "fair_value": 1.773361, "relative_strength": -10.720348, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.009689, "energy": 10.703572, "activity_lines": [ 1.852, 1.835273, 1.823476, 1.852968 ] }, { "date": "2026-02-27", "close": 1.82, "volume": 4500, "typical_volume": 13275.0, "trend": 1.887, "fair_value": 1.769227, "relative_strength": -13.801701, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.522436, "energy": 10.451124, "activity_lines": [ 1.843333, 1.836, 1.821524, 1.848473 ] }, { "date": "2026-03-06", "close": 1.76, "volume": 7000, "typical_volume": 11825.0, "trend": 1.879333, "fair_value": 1.764647, "relative_strength": -10.737084, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.109777, "energy": 18.437984, "activity_lines": [ 1.816667, 1.825273, 1.814714, 1.84028 ] }, { "date": "2026-03-13", "close": 1.71, "volume": 13500, "typical_volume": 11950.0, "trend": 1.871, "fair_value": 1.75962, "relative_strength": -13.450359, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.179726, "energy": 47.199433, "activity_lines": [ 1.778, 1.804727, 1.803905, 1.829355 ] }, { "date": "2026-03-20", "close": 1.68, "volume": 5500, "typical_volume": 12025.0, "trend": 1.863, "fair_value": 1.754589, "relative_strength": -11.930543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.157245, "energy": 68.473458, "activity_lines": [ 1.734667, 1.779455, 1.791429, 1.817032 ] }, { "date": "2026-03-27", "close": 1.67, "volume": 9500, "typical_volume": 12050.0, "trend": 1.86, "fair_value": 1.750685, "relative_strength": -13.327635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.713496, "energy": 73.241092, "activity_lines": [ 1.702667, 1.754909, 1.779381, 1.804581 ] }, { "date": "2026-04-03", "close": 1.67, "volume": 15000, "typical_volume": 11025.0, "trend": 1.841, "fair_value": 1.747095, "relative_strength": -17.196899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.230059, "energy": 74.120473, "activity_lines": [ 1.683333, 1.733636, 1.768286, 1.792323 ] }, { "date": "2026-04-10", "close": 1.67, "volume": 17000, "typical_volume": 10625.0, "trend": 1.828, "fair_value": 1.743379, "relative_strength": -20.230173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.379822, "energy": 69.913248, "activity_lines": [ 1.674, 1.715636, 1.75781, 1.78129 ] }, { "date": "2026-04-17", "close": 1.75, "volume": 16500, "typical_volume": 11150.0, "trend": 1.820667, "fair_value": 1.739674, "relative_strength": -18.202328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.527244, "energy": 41.172775, "activity_lines": [ 1.697333, 1.715091, 1.75519, 1.776258 ] }, { "date": "2026-04-24", "close": 1.7, "volume": 8000, "typical_volume": 10600.0, "trend": 1.808667, "fair_value": 1.736778, "relative_strength": -17.853964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.332238, "energy": 35.152376, "activity_lines": [ 1.701333, 1.706182, 1.748333, 1.768473 ] }, { "date": "2026-05-01", "close": 1.71, "volume": 6500, "typical_volume": 10475.0, "trend": 1.798333, "fair_value": 1.734823, "relative_strength": -17.858186, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.551476, "energy": 25.198759, "activity_lines": [ 1.707333, 1.702727, 1.74281, 1.762108 ] }, { "date": "2026-05-08", "close": 1.69, "volume": 26000, "typical_volume": 11275.0, "trend": 1.788, "fair_value": 1.732866, "relative_strength": -20.040718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.882772, "energy": 22.70134, "activity_lines": [ 1.704, 1.698364, 1.735667, 1.755118 ] }, { "date": "2026-05-15", "close": 1.69, "volume": 3500, "typical_volume": 11000.0, "trend": 1.780333, "fair_value": 1.730031, "relative_strength": -19.329433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.309259, "energy": 26.518436, "activity_lines": [ 1.699333, 1.696364, 1.729, 1.748796 ] }, { "date": "2026-05-22", "close": 1.66, "volume": 3000, "typical_volume": 10525.0, "trend": 1.770333, "fair_value": 1.72763, "relative_strength": -20.917886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.449873, "energy": 34.32706, "activity_lines": [ 1.683333, 1.690182, 1.719619, 1.741032 ] }, { "date": "2026-05-29", "close": 1.65, "volume": 3000, "typical_volume": 9925.0, "trend": 1.759667, "fair_value": 1.726106, "relative_strength": -21.735208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.41358, "energy": 43.393124, "activity_lines": [ 1.67, 1.683091, 1.709714, 1.733269 ] }, { "date": "2026-06-05", "close": 1.63, "volume": 1500, "typical_volume": 9750.0, "trend": 1.751667, "fair_value": 1.725457, "relative_strength": -21.97521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.472229, "energy": 57.019507, "activity_lines": [ 1.653333, 1.672909, 1.698714, 1.724903 ] }, { "date": "2026-06-12", "close": 1.65, "volume": 500, "typical_volume": 9025.0, "trend": 1.746667, "fair_value": 1.724874, "relative_strength": -22.960871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.737685, "energy": 55.866165, "activity_lines": [ 1.648667, 1.667091, 1.690667, 1.718344 ] }, { "date": "2026-06-19", "close": 1.57, "volume": 192000, "typical_volume": 18275.0, "trend": 1.741667, "fair_value": 1.723589, "relative_strength": -27.921872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.093194, "energy": 67.026581, "activity_lines": [ 1.62, 1.647091, 1.675952, 1.706946 ] }, { "date": "2026-06-26", "close": 1.5, "volume": 2500, "typical_volume": 17650.0, "trend": 1.729667, "fair_value": 1.721919, "relative_strength": -28.379495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.994067, "energy": 82.271299, "activity_lines": [ 1.576, 1.616182, 1.65581, 1.691355 ] }, { "date": "2026-07-03", "close": 1.34, "volume": 8500, "typical_volume": 17400.0, "trend": 1.715, "fair_value": 1.719035, "relative_strength": -37.166276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.419278, "energy": 95.581982, "activity_lines": [ 1.489333, 1.560727, 1.62181, 1.666215 ] }, { "date": "2026-07-10", "close": 1.35, "volume": 32500, "typical_volume": 18800.0, "trend": 1.701, "fair_value": 1.716528, "relative_strength": -35.770104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.883893, "energy": 95.045516, "activity_lines": [ 1.426667, 1.513636, 1.591429, 1.642667 ] }, { "date": "2026-07-17", "close": 1.41, "volume": 26000, "typical_volume": 19875.0, "trend": 1.688333, "fair_value": 1.714782, "relative_strength": -31.391803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.760716, "energy": 87.589108, "activity_lines": [ 1.402667, 1.484, 1.56919, 1.623892 ] }, { "date": "2026-07-24", "close": 1.45, "volume": 15000, "typical_volume": 20275.0, "trend": 1.679333, "fair_value": 1.713293, "relative_strength": -28.78468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.160763, "energy": 84.49338, "activity_lines": [ 1.408, 1.466727, 1.552714, 1.608516 ] }, { "date": "2026-07-31", "close": 1.46, "volume": 12000, "typical_volume": 20200.0, "trend": 1.669667, "fair_value": 1.711867, "relative_strength": -28.114647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.194794, "energy": 59.978321, "activity_lines": [ 1.424667, 1.455636, 1.538667, 1.594366 ] }, { "date": "2026-08-07", "close": 1.5, "volume": 13000, "typical_volume": 20575.0, "trend": 1.659, "fair_value": 1.710824, "relative_strength": -27.556385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.902946, "energy": 44.491475, "activity_lines": [ 1.457333, 1.455455, 1.529619, 1.583419 ] } ], "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." } } }