{ "ticker": { "uuid": "521393cc-4d01-4ebe-bafe-f60fc0344785", "symbol": "MGT", "name": "Megachem (Thailand) Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 45.848, "architecture_energy": 41.395, "architecture_maturity": 6.621, "architecture_confidence": 58.308, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 33.75, "rotation_up": 65.0, "upward_expansion": 73.01, "deceleration": 47.08, "rotation_down": 8.75, "downward_expansion": 11.68 }, "activity_lines": [ 1.906667, 1.875455, 1.877259, 1.858358 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 1.91, "trend_reference": 1.805689, "distance_from_trend": 0.057768, "trend_direction": "Improving", "fair_value": 1.887031, "distance_from_fair_value": 0.012172, "fair_value_direction": "Improving", "relative_strength": -3.607549, "relative_strength_direction": "Weakening", "price_momentum": 0.242681, "excess_performance": 0.050356, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057768, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.061566, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.012172, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012561, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.036075, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.040923, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.242681, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.556736, "read": "Demand-led" } ], "volume": { "latest": 172200, "relative_activity": 0.393133, "balance": 1.556736, "dry_up": 0.87633, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.041482, "annualized_volatility": 0.286484, "from_high_reference": -0.125725, "from_low_reference": 0.431784 }, "levels": { "trend_reference": 1.805689, "fair_value_reference": 1.887031, "structural_low": 1.537, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.024571, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.001836, "regime_survival": 0.625, "best_return": 0.428572, "worst_return": -0.179687, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.014519, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.104908, "regime_survival": 0.0, "best_return": 0.069869, "worst_return": -0.048649, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.27013, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.266222, "regime_survival": 0.5, "best_return": 0.960361, "worst_return": -0.4201, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.136813, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.133089, "regime_survival": 0.0, "best_return": 0.136813, "worst_return": 0.136813, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": -0.0625, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2025-05-09", "tenure": "Established", "return": -0.101307, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-06-27", "tenure": "Developing", "return": -0.179348, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": 0.094339, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": 0.017341, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": -0.04023, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-10-31", "tenure": "Developing", "return": -0.035714, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2025-12-26", "tenure": "Developing", "return": 0.114865, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-30", "tenure": "Developing", "return": -0.03681, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": 0.062893, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.076923, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-06-12", "tenure": "Established", "return": -0.030853, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-07-31", "tenure": "Developing", "return": 0.066298, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.277386, "volume": 174400, "typical_volume": 343020.0, "trend": 2.643715, "fair_value": 2.92768, "relative_strength": -16.074431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.360104, "energy": 50.250292, "activity_lines": [ 2.278545, 2.290662, 2.384261, 2.482538 ] }, { "date": "2023-08-25", "close": 2.408862, "volume": 473200, "typical_volume": 312050.0, "trend": 2.617972, "fair_value": 2.930796, "relative_strength": -13.018256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.115988, "energy": 37.703207, "activity_lines": [ 2.320052, 2.306664, 2.378865, 2.467386 ] }, { "date": "2023-09-01", "close": 2.531942, "volume": 419000, "typical_volume": 322725.0, "trend": 2.594639, "fair_value": 2.93521, "relative_strength": -8.157047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.939501, "energy": 16.63623, "activity_lines": [ 2.39498, 2.34708, 2.386451, 2.461836 ] }, { "date": "2023-09-08", "close": 2.391279, "volume": 331200, "typical_volume": 300440.0, "trend": 2.568874, "fair_value": 2.938825, "relative_strength": -11.936865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.892559, "energy": 21.515701, "activity_lines": [ 2.408368, 2.360137, 2.381476, 2.448716 ] }, { "date": "2023-09-15", "close": 2.444027, "volume": 174800, "typical_volume": 279820.0, "trend": 2.551636, "fair_value": 2.94349, "relative_strength": -9.154158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.393142, "energy": 21.270885, "activity_lines": [ 2.431746, 2.380713, 2.382465, 2.440661 ] }, { "date": "2023-09-22", "close": 2.408862, "volume": 228700, "typical_volume": 281660.0, "trend": 2.528713, "fair_value": 2.948338, "relative_strength": -8.823644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.907709, "energy": 15.756083, "activity_lines": [ 2.431133, 2.392183, 2.380554, 2.43145 ] }, { "date": "2023-09-29", "close": 2.356112, "volume": 136600, "typical_volume": 276825.0, "trend": 2.504596, "fair_value": 2.952237, "relative_strength": -7.29757, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.001218, "energy": 10.06442, "activity_lines": [ 2.404173, 2.391354, 2.374566, 2.420314 ] }, { "date": "2023-10-06", "close": 2.285781, "volume": 142600, "typical_volume": 266325.0, "trend": 2.481518, "fair_value": 2.955277, "relative_strength": -7.57673, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.851896, "energy": 24.608825, "activity_lines": [ 2.357285, 2.376623, 2.363409, 2.406197 ] }, { "date": "2023-10-13", "close": 2.127535, "volume": 387400, "typical_volume": 267275.0, "trend": 2.460498, "fair_value": 2.955978, "relative_strength": -14.155694, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.08175, "energy": 60.221888, "activity_lines": [ 2.274059, 2.3336, 2.338713, 2.383359 ] }, { "date": "2023-10-20", "close": 2.109952, "volume": 193600, "typical_volume": 264730.0, "trend": 2.438328, "fair_value": 2.957076, "relative_strength": -11.279259, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.06458, "energy": 75.754716, "activity_lines": [ 2.202555, 2.290104, 2.31463, 2.360744 ] }, { "date": "2023-10-27", "close": 1.951705, "volume": 822700, "typical_volume": 295225.0, "trend": 2.410884, "fair_value": 2.955836, "relative_strength": -16.804266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.976014, "energy": 84.821563, "activity_lines": [ 2.100574, 2.220564, 2.277514, 2.329349 ] }, { "date": "2023-11-03", "close": 2.074786, "volume": 395700, "typical_volume": 296690.0, "trend": 2.390926, "fair_value": 2.954671, "relative_strength": -13.083955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.834275, "energy": 76.674335, "activity_lines": [ 2.070097, 2.179324, 2.254996, 2.307665 ] }, { "date": "2023-11-10", "close": 2.022037, "volume": 169700, "typical_volume": 285680.0, "trend": 2.368081, "fair_value": 2.956225, "relative_strength": -13.091751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.562575, "energy": 75.593476, "activity_lines": [ 2.040792, 2.134568, 2.229578, 2.283866 ] }, { "date": "2023-11-17", "close": 2.004454, "volume": 113400, "typical_volume": 267935.0, "trend": 2.348599, "fair_value": 2.957665, "relative_strength": -15.139835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.755192, "energy": 62.55367, "activity_lines": [ 2.023209, 2.095885, 2.204446, 2.260406 ] }, { "date": "2023-11-24", "close": 2.03962, "volume": 108600, "typical_volume": 264330.0, "trend": 2.331981, "fair_value": 2.958924, "relative_strength": -12.240589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.101066, "energy": 49.048206, "activity_lines": [ 2.025554, 2.07063, 2.183963, 2.240472 ] }, { "date": "2023-12-01", "close": 2.03962, "volume": 147700, "typical_volume": 261285.0, "trend": 2.313046, "fair_value": 2.960386, "relative_strength": -10.698247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.556578, "energy": 45.112355, "activity_lines": [ 2.032587, 2.052727, 2.164696, 2.22161 ] }, { "date": "2023-12-08", "close": 2.022037, "volume": 110100, "typical_volume": 251140.0, "trend": 2.291206, "fair_value": 2.961837, "relative_strength": -11.042307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.956135, "energy": 43.964679, "activity_lines": [ 2.027898, 2.038341, 2.144802, 2.202835 ] }, { "date": "2023-12-15", "close": 1.986871, "volume": 254700, "typical_volume": 256285.0, "trend": 2.270512, "fair_value": 2.963267, "relative_strength": -12.812161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.61339, "energy": 42.914843, "activity_lines": [ 2.015004, 2.023635, 2.122859, 2.1832 ] }, { "date": "2023-12-22", "close": 1.91654, "volume": 424200, "typical_volume": 271780.0, "trend": 2.247473, "fair_value": 2.964551, "relative_strength": -16.333026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.8368, "energy": 47.212147, "activity_lines": [ 1.98101, 2.001577, 2.095766, 2.160363 ] }, { "date": "2023-12-29", "close": 2.03962, "volume": 1273800, "typical_volume": 324105.0, "trend": 2.230855, "fair_value": 2.966421, "relative_strength": -11.265762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.812612, "energy": 39.47679, "activity_lines": [ 1.993904, 2.005733, 2.082114, 2.146954 ] }, { "date": "2024-01-05", "close": 2.303364, "volume": 5029200, "typical_volume": 566845.0, "trend": 2.222449, "fair_value": 2.969472, "relative_strength": -0.433467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.835845, "energy": 10.90245, "activity_lines": [ 2.094713, 2.059121, 2.094629, 2.151631 ] }, { "date": "2024-01-12", "close": 2.180284, "volume": 1150100, "typical_volume": 600690.0, "trend": 2.2111, "fair_value": 2.970715, "relative_strength": -4.509966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.794576, "energy": 16.354007, "activity_lines": [ 2.136912, 2.083737, 2.095299, 2.148911 ] }, { "date": "2024-01-19", "close": 2.197866, "volume": 559400, "typical_volume": 607710.0, "trend": 2.203234, "fair_value": 2.972173, "relative_strength": -1.183451, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.102649, "energy": 17.356527, "activity_lines": [ 2.174423, 2.109632, 2.098732, 2.148057 ] }, { "date": "2024-01-26", "close": 2.268198, "volume": 1401400, "typical_volume": 661220.0, "trend": 2.202928, "fair_value": 2.974795, "relative_strength": 3.338375, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.79005, "energy": 30.0181, "activity_lines": [ 2.22131, 2.145118, 2.110454, 2.152249 ] }, { "date": "2024-02-02", "close": 2.320947, "volume": 939100, "typical_volume": 699435.0, "trend": 2.2038, "fair_value": 2.977653, "relative_strength": 4.82281, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.494604, "energy": 45.543521, "activity_lines": [ 2.262337, 2.185399, 2.127786, 2.159863 ] }, { "date": "2024-02-09", "close": 2.426445, "volume": 4106000, "typical_volume": 893300.0, "trend": 2.209348, "fair_value": 2.980882, "relative_strength": 9.450498, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.590992, "energy": 53.855652, "activity_lines": [ 2.319775, 2.239746, 2.155751, 2.174227 ] }, { "date": "2024-02-16", "close": 2.408862, "volume": 2569000, "typical_volume": 1014920.0, "trend": 2.213151, "fair_value": 2.983794, "relative_strength": 8.894345, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.214869, "energy": 55.085323, "activity_lines": [ 2.363146, 2.283863, 2.181958, 2.187099 ] }, { "date": "2024-02-23", "close": 2.33853, "volume": 3478700, "typical_volume": 1181725.0, "trend": 2.21403, "fair_value": 2.986256, "relative_strength": 5.099185, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.050125, "energy": 47.516674, "activity_lines": [ 2.367835, 2.30816, 2.201216, 2.195188 ] }, { "date": "2024-03-01", "close": 2.268198, "volume": 961400, "typical_volume": 1210425.0, "trend": 2.213724, "fair_value": 2.988674, "relative_strength": 4.554092, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.106465, "energy": 29.959315, "activity_lines": [ 2.339702, 2.313274, 2.213524, 2.198682 ] }, { "date": "2024-03-08", "close": 2.215449, "volume": 809500, "typical_volume": 1241220.0, "trend": 2.212239, "fair_value": 2.99055, "relative_strength": 1.046128, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.34089, "energy": 15.255789, "activity_lines": [ 2.293986, 2.302405, 2.220138, 2.198794 ] }, { "date": "2024-03-15", "close": 2.33853, "volume": 1124300, "typical_volume": 1256300.0, "trend": 2.214277, "fair_value": 2.992095, "relative_strength": 6.788642, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.660669, "energy": 11.9892, "activity_lines": [ 2.296331, 2.310717, 2.237972, 2.206942 ] }, { "date": "2024-03-22", "close": 2.180284, "volume": 859100, "typical_volume": 1279470.0, "trend": 2.206658, "fair_value": 2.992218, "relative_strength": 0.123369, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 1.047186, "energy": 7.860719, "activity_lines": [ 2.251788, 2.289617, 2.238893, 2.204748 ] }, { "date": "2024-03-29", "close": 2.250615, "volume": 153600, "typical_volume": 1278665.0, "trend": 2.19728, "fair_value": 2.98831, "relative_strength": 3.700996, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.903153, "energy": 17.163571, "activity_lines": [ 2.245926, 2.281305, 2.24601, 2.207584 ] }, { "date": "2024-04-05", "close": 2.233032, "volume": 2692000, "typical_volume": 1407595.0, "trend": 2.192005, "fair_value": 2.985918, "relative_strength": 3.157924, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.582805, "energy": 15.137756, "activity_lines": [ 2.240065, 2.268838, 2.250364, 2.209891 ] }, { "date": "2024-04-12", "close": 2.215449, "volume": 95400, "typical_volume": 1406935.0, "trend": 2.184386, "fair_value": 2.983822, "relative_strength": 0.960964, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.839117, "energy": 16.36403, "activity_lines": [ 2.230688, 2.253812, 2.251955, 2.211403 ] }, { "date": "2024-04-19", "close": 2.215449, "volume": 0, "typical_volume": 1399550.0, "trend": 2.177939, "fair_value": 2.980605, "relative_strength": 5.832008, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.344823, "energy": 11.001161, "activity_lines": [ 2.22131, 2.240705, 2.252708, 2.213407 ] }, { "date": "2024-04-26", "close": 2.145118, "volume": 314800, "typical_volume": 1409785.0, "trend": 2.170906, "fair_value": 2.976326, "relative_strength": 0.474486, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.620579, "energy": 9.164787, "activity_lines": [ 2.196694, 2.218646, 2.245926, 2.21129 ] }, { "date": "2024-05-03", "close": 2.197866, "volume": 212900, "typical_volume": 1407695.0, "trend": 2.167975, "fair_value": 2.970463, "relative_strength": 2.315894, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.544258, "energy": 13.332462, "activity_lines": [ 2.192005, 2.210974, 2.243582, 2.213029 ] }, { "date": "2024-05-10", "close": 2.206911, "volume": 239100, "typical_volume": 1398440.0, "trend": 2.170621, "fair_value": 2.967048, "relative_strength": 2.722272, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.913887, "energy": 17.844842, "activity_lines": [ 2.193848, 2.207503, 2.241094, 2.215541 ] }, { "date": "2024-05-17", "close": 2.134553, "volume": 920700, "typical_volume": 1380785.0, "trend": 2.171441, "fair_value": 2.963065, "relative_strength": -1.204836, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.259161, "energy": 20.068296, "activity_lines": [ 2.173313, 2.191991, 2.230333, 2.213214 ] }, { "date": "2024-05-24", "close": 2.080285, "volume": 246700, "typical_volume": 1141660.0, "trend": 2.175727, "fair_value": 2.957695, "relative_strength": -2.217073, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.672139, "energy": 35.085595, "activity_lines": [ 2.140081, 2.168082, 2.21395, 2.207333 ] }, { "date": "2024-05-31", "close": 2.080285, "volume": 282100, "typical_volume": 1098260.0, "trend": 2.175911, "fair_value": 2.952533, "relative_strength": -0.712721, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.108166, "energy": 44.027251, "activity_lines": [ 2.115861, 2.14887, 2.198631, 2.201176 ] }, { "date": "2024-06-07", "close": 2.044106, "volume": 265200, "typical_volume": 1083550.0, "trend": 2.176646, "fair_value": 2.944645, "relative_strength": -1.360205, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.340639, "energy": 54.900258, "activity_lines": [ 2.083903, 2.124897, 2.180341, 2.192672 ] }, { "date": "2024-06-14", "close": 2.134553, "volume": 428500, "typical_volume": 1034905.0, "trend": 2.180983, "fair_value": 2.938168, "relative_strength": 5.045952, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.08157, "energy": 47.595753, "activity_lines": [ 2.092344, 2.121124, 2.171398, 2.189956 ] }, { "date": "2024-06-21", "close": 2.062196, "volume": 231100, "typical_volume": 999505.0, "trend": 2.181735, "fair_value": 2.931435, "relative_strength": 1.544594, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.62704, "energy": 46.667064, "activity_lines": [ 2.081491, 2.105985, 2.1562, 2.182293 ] }, { "date": "2024-06-28", "close": 2.080285, "volume": 289300, "typical_volume": 808670.0, "trend": 2.183091, "fair_value": 2.925442, "relative_strength": 2.757773, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.372388, "energy": 47.491191, "activity_lines": [ 2.081491, 2.096922, 2.143957, 2.175748 ] }, { "date": "2024-07-05", "close": 2.080285, "volume": 481600, "typical_volume": 704300.0, "trend": 2.185033, "fair_value": 2.920592, "relative_strength": 1.835978, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.608178, "energy": 39.190988, "activity_lines": [ 2.081491, 2.090316, 2.133363, 2.169115 ] }, { "date": "2024-07-12", "close": 2.062196, "volume": 193400, "typical_volume": 540035.0, "trend": 2.187543, "fair_value": 2.915002, "relative_strength": -0.641784, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.39601, "energy": 42.860839, "activity_lines": [ 2.075461, 2.081601, 2.12261, 2.16119 ] }, { "date": "2024-07-19", "close": 1.989838, "volume": 446100, "typical_volume": 514270.0, "trend": 2.189987, "fair_value": 2.908948, "relative_strength": -3.055639, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.831197, "energy": 48.662397, "activity_lines": [ 2.044106, 2.062196, 2.106282, 2.148435 ] }, { "date": "2024-07-26", "close": 1.808944, "volume": 275600, "typical_volume": 487575.0, "trend": 2.182297, "fair_value": 2.902358, "relative_strength": -11.073728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.099302, "energy": 78.952503, "activity_lines": [ 1.962101, 2.013848, 2.074052, 2.123851 ] }, { "date": "2024-08-02", "close": 1.827033, "volume": 65400, "typical_volume": 434630.0, "trend": 2.16642, "fair_value": 2.888091, "relative_strength": -10.479097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.341801, "energy": 86.828061, "activity_lines": [ 1.903009, 1.974709, 2.04548, 2.100931 ] }, { "date": "2024-08-09", "close": 2.026017, "volume": 519300, "typical_volume": 417640.0, "trend": 2.161277, "fair_value": 2.884347, "relative_strength": 0.384457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.195173, "energy": 65.269226, "activity_lines": [ 1.927128, 1.976353, 2.038294, 2.091873 ] }, { "date": "2024-08-16", "close": 1.91748, "volume": 401700, "typical_volume": 430045.0, "trend": 2.151931, "fair_value": 2.879233, "relative_strength": -5.393459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.515484, "energy": 56.888154, "activity_lines": [ 1.918686, 1.95925, 2.021506, 2.076144 ] }, { "date": "2024-08-23", "close": 1.981702, "volume": 228800, "typical_volume": 306885.0, "trend": 2.142381, "fair_value": 2.873482, "relative_strength": -5.873445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.282054, "energy": 38.512652, "activity_lines": [ 1.941299, 1.956127, 2.012422, 2.065161 ] }, { "date": "2024-08-30", "close": 2.0184, "volume": 146600, "typical_volume": 309445.0, "trend": 2.132297, "fair_value": 2.867862, "relative_strength": -4.265107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.382679, "energy": 21.413282, "activity_lines": [ 1.976688, 1.962454, 2.008028, 2.057163 ] }, { "date": "2024-09-06", "close": 2.146844, "volume": 779800, "typical_volume": 348435.0, "trend": 2.122977, "fair_value": 2.863379, "relative_strength": -3.013394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.987325, "energy": 13.295811, "activity_lines": [ 2.040927, 1.992932, 2.016806, 2.058101 ] }, { "date": "2024-09-13", "close": 2.201891, "volume": 696200, "typical_volume": 367505.0, "trend": 2.116077, "fair_value": 2.85883, "relative_strength": -0.251239, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.131178, "energy": 18.118395, "activity_lines": [ 2.102194, 2.032208, 2.031154, 2.063193 ] }, { "date": "2024-09-20", "close": 2.238589, "volume": 192900, "typical_volume": 366505.0, "trend": 2.112746, "fair_value": 2.855145, "relative_strength": -0.446424, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.801656, "energy": 33.308932, "activity_lines": [ 2.16397, 2.075945, 2.048726, 2.071096 ] }, { "date": "2024-09-27", "close": 2.183542, "volume": 295400, "typical_volume": 369320.0, "trend": 2.109924, "fair_value": 2.852261, "relative_strength": -2.675937, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.449397, "energy": 35.689629, "activity_lines": [ 2.185988, 2.106466, 2.060861, 2.075664 ] }, { "date": "2024-10-04", "close": 2.201891, "volume": 381500, "typical_volume": 342360.0, "trend": 2.109472, "fair_value": 2.849075, "relative_strength": -1.378136, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.698734, "energy": 45.747006, "activity_lines": [ 2.200668, 2.136802, 2.074855, 2.081597 ] }, { "date": "2024-10-11", "close": 2.165193, "volume": 152600, "typical_volume": 337655.0, "trend": 2.103694, "fair_value": 2.845863, "relative_strength": -4.734554, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.560341, "energy": 35.972607, "activity_lines": [ 2.190882, 2.153321, 2.085034, 2.085192 ] }, { "date": "2024-10-18", "close": 2.128495, "volume": 84100, "typical_volume": 327755.0, "trend": 2.101968, "fair_value": 2.842626, "relative_strength": -7.497789, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.617413, "energy": 20.912229, "activity_lines": [ 2.16764, 2.157019, 2.091313, 2.086792 ] }, { "date": "2024-10-25", "close": 2.055098, "volume": 228500, "typical_volume": 325920.0, "trend": 2.095451, "fair_value": 2.838604, "relative_strength": -9.07457, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.678, "energy": 5.820142, "activity_lines": [ 2.124825, 2.145509, 2.090373, 2.083768 ] }, { "date": "2024-11-01", "close": 1.789036, "volume": 2857900, "typical_volume": 447390.0, "trend": 2.080651, "fair_value": 2.833924, "relative_strength": -20.650103, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.816844, "energy": 28.572786, "activity_lines": [ 2.005556, 2.083122, 2.06404, 2.064 ] }, { "date": "2024-11-08", "close": 1.926654, "volume": 503400, "typical_volume": 461005.0, "trend": 2.071025, "fair_value": 2.829079, "relative_strength": -14.427252, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.712777, "energy": 44.300852, "activity_lines": [ 1.958459, 2.04926, 2.05246, 2.054064 ] }, { "date": "2024-11-15", "close": 1.871607, "volume": 425500, "typical_volume": 467815.0, "trend": 2.059563, "fair_value": 2.822832, "relative_strength": -15.47579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.663879, "energy": 67.664064, "activity_lines": [ 1.911363, 2.007057, 2.036283, 2.041199 ] }, { "date": "2024-11-22", "close": 1.871607, "volume": 281800, "typical_volume": 457825.0, "trend": 2.050446, "fair_value": 2.815222, "relative_strength": -15.515105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.140068, "energy": 73.130583, "activity_lines": [ 1.88384, 1.969858, 2.021099, 2.029072 ] }, { "date": "2024-11-29", "close": 1.871607, "volume": 835000, "typical_volume": 489905.0, "trend": 2.039571, "fair_value": 2.805829, "relative_strength": -14.225454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.435599, "energy": 69.083532, "activity_lines": [ 1.873442, 1.938665, 2.006909, 2.017534 ] }, { "date": "2024-12-06", "close": 1.834909, "volume": 271100, "typical_volume": 481155.0, "trend": 2.027171, "fair_value": 2.794733, "relative_strength": -17.112586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.958493, "energy": 71.371384, "activity_lines": [ 1.863044, 1.907471, 1.990131, 2.004331 ] }, { "date": "2024-12-13", "close": 1.81656, "volume": 290600, "typical_volume": 481905.0, "trend": 2.016571, "fair_value": 2.781947, "relative_strength": -16.610737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.47249, "energy": 73.59588, "activity_lines": [ 1.843472, 1.87928, 1.972344, 1.990743 ] }, { "date": "2024-12-20", "close": 1.807386, "volume": 182300, "typical_volume": 487750.0, "trend": 2.007474, "fair_value": 2.769521, "relative_strength": -12.939972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.996827, "energy": 70.901434, "activity_lines": [ 1.828181, 1.856428, 1.953646, 1.977247 ] }, { "date": "2024-12-27", "close": 1.825734, "volume": 298000, "typical_volume": 476685.0, "trend": 1.998989, "fair_value": 2.755641, "relative_strength": -14.190148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.192864, "energy": 67.370905, "activity_lines": [ 1.823288, 1.843416, 1.93679, 1.965522 ] }, { "date": "2025-01-03", "close": 1.81656, "volume": 115400, "typical_volume": 462370.0, "trend": 1.991404, "fair_value": 2.731635, "relative_strength": -13.260714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.136718, "energy": 62.634911, "activity_lines": [ 1.818395, 1.834242, 1.920014, 1.953752 ] }, { "date": "2025-01-10", "close": 1.81656, "volume": 183400, "typical_volume": 460100.0, "trend": 1.980805, "fair_value": 2.708416, "relative_strength": -11.957212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.441696, "energy": 49.054565, "activity_lines": [ 1.817172, 1.829404, 1.903718, 1.942472 ] }, { "date": "2025-01-17", "close": 1.752338, "volume": 167900, "typical_volume": 461165.0, "trend": 1.970476, "fair_value": 2.686096, "relative_strength": -13.023092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.847032, "energy": 53.968978, "activity_lines": [ 1.795764, 1.81239, 1.882092, 1.927732 ] }, { "date": "2025-01-24", "close": 1.733989, "volume": 337900, "typical_volume": 439070.0, "trend": 1.958933, "fair_value": 2.665755, "relative_strength": -14.374708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.954128, "energy": 60.677514, "activity_lines": [ 1.772522, 1.795208, 1.859986, 1.912475 ] }, { "date": "2025-01-31", "close": 1.724815, "volume": 315200, "typical_volume": 420020.0, "trend": 1.947084, "fair_value": 2.644307, "relative_strength": -11.850385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.418822, "energy": 84.550866, "activity_lines": [ 1.751115, 1.778861, 1.838972, 1.89737 ] }, { "date": "2025-02-07", "close": 1.41288, "volume": 722100, "typical_volume": 446480.0, "trend": 1.92544, "fair_value": 2.627151, "relative_strength": -25.344261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -98.30955, "energy": 97.972266, "activity_lines": [ 1.632458, 1.708467, 1.790522, 1.862906 ] }, { "date": "2025-02-14", "close": 1.578022, "volume": 464200, "typical_volume": 454920.0, "trend": 1.911713, "fair_value": 2.609742, "relative_strength": -15.415587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.62399, "energy": 89.044106, "activity_lines": [ 1.595759, 1.67644, 1.761731, 1.840492 ] }, { "date": "2025-02-21", "close": 1.688116, "volume": 298600, "typical_volume": 450775.0, "trend": 1.907685, "fair_value": 2.594665, "relative_strength": -7.247774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.887824, "energy": 81.252847, "activity_lines": [ 1.611662, 1.6691, 1.746309, 1.826066 ] }, { "date": "2025-02-28", "close": 1.605546, "volume": 378000, "typical_volume": 462045.0, "trend": 1.900302, "fair_value": 2.577695, "relative_strength": -8.278179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.109311, "energy": 62.066778, "activity_lines": [ 1.604322, 1.649083, 1.72547, 1.806573 ] }, { "date": "2025-03-07", "close": 1.651418, "volume": 303600, "typical_volume": 473020.0, "trend": 1.887816, "fair_value": 2.561543, "relative_strength": -5.244139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.501583, "energy": 49.349494, "activity_lines": [ 1.620836, 1.641076, 1.711664, 1.790516 ] }, { "date": "2025-03-14", "close": 1.605546, "volume": 105800, "typical_volume": 466885.0, "trend": 1.877418, "fair_value": 2.54536, "relative_strength": -5.25611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.112019, "energy": 42.621207, "activity_lines": [ 1.626953, 1.627898, 1.695762, 1.772305 ] }, { "date": "2025-03-21", "close": 1.669767, "volume": 378700, "typical_volume": 342925.0, "trend": 1.86702, "fair_value": 2.530374, "relative_strength": -2.31021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.374257, "energy": 33.997475, "activity_lines": [ 1.641632, 1.630233, 1.688116, 1.758908 ] }, { "date": "2025-03-28", "close": 1.61472, "volume": 136400, "typical_volume": 324575.0, "trend": 1.853564, "fair_value": 2.514512, "relative_strength": -4.302133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.135746, "energy": 31.572749, "activity_lines": [ 1.631846, 1.625229, 1.675796, 1.742631 ] }, { "date": "2025-04-04", "close": 1.605546, "volume": 201300, "typical_volume": 313365.0, "trend": 1.835521, "fair_value": 2.499219, "relative_strength": -0.334954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.942845, "energy": 31.879534, "activity_lines": [ 1.623895, 1.621059, 1.664088, 1.72663 ] }, { "date": "2025-04-11", "close": 1.568847, "volume": 277800, "typical_volume": 313165.0, "trend": 1.814419, "fair_value": 2.484216, "relative_strength": -2.653738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.264638, "energy": 36.508581, "activity_lines": [ 1.603711, 1.612552, 1.650151, 1.709425 ] }, { "date": "2025-04-18", "close": 1.596371, "volume": 50400, "typical_volume": 273935.0, "trend": 1.793012, "fair_value": 2.468865, "relative_strength": -2.501614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.142912, "energy": 35.14767, "activity_lines": [ 1.598206, 1.611884, 1.640278, 1.695357 ] }, { "date": "2025-04-25", "close": 1.642244, "volume": 151500, "typical_volume": 267955.0, "trend": 1.774969, "fair_value": 2.455066, "relative_strength": -0.180114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.966282, "energy": 30.167676, "activity_lines": [ 1.608604, 1.616221, 1.636084, 1.68563 ] }, { "date": "2025-05-02", "close": 1.633069, "volume": 141900, "typical_volume": 260520.0, "trend": 1.756008, "fair_value": 2.441846, "relative_strength": -3.73165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.547016, "energy": 22.857751, "activity_lines": [ 1.617778, 1.617723, 1.631933, 1.676476 ] }, { "date": "2025-05-09", "close": 1.682, "volume": 103600, "typical_volume": 256585.0, "trend": 1.739902, "fair_value": 2.430986, "relative_strength": -1.532517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.130269, "energy": 13.905322, "activity_lines": [ 1.64204, 1.629121, 1.633317, 1.671701 ] }, { "date": "2025-05-16", "close": 1.758455, "volume": 555500, "typical_volume": 269460.0, "trend": 1.727567, "fair_value": 2.419431, "relative_strength": 4.353436, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.861941, "energy": 12.381292, "activity_lines": [ 1.686689, 1.653031, 1.642579, 1.672898 ] }, { "date": "2025-05-23", "close": 1.729784, "volume": 358300, "typical_volume": 281605.0, "trend": 1.716723, "fair_value": 2.408231, "relative_strength": 4.422912, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.249882, "energy": 16.833361, "activity_lines": [ 1.709141, 1.669781, 1.64943, 1.673041 ] }, { "date": "2025-05-30", "close": 1.691557, "volume": 656900, "typical_volume": 305280.0, "trend": 1.713474, "fair_value": 2.396678, "relative_strength": 4.636103, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.294374, "energy": 22.075389, "activity_lines": [ 1.709957, 1.677322, 1.653055, 1.671417 ] }, { "date": "2025-06-06", "close": 1.605545, "volume": 220000, "typical_volume": 307885.0, "trend": 1.70277, "fair_value": 2.382204, "relative_strength": 0.59619, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.127511, "energy": 14.927972, "activity_lines": [ 1.678814, 1.668829, 1.649083, 1.664454 ] }, { "date": "2025-06-13", "close": 1.567318, "volume": 153900, "typical_volume": 298685.0, "trend": 1.692627, "fair_value": 2.365871, "relative_strength": -0.273403, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.822844, "energy": 21.167824, "activity_lines": [ 1.636764, 1.653552, 1.642169, 1.655715 ] }, { "date": "2025-06-20", "close": 1.529091, "volume": 205800, "typical_volume": 293215.0, "trend": 1.68121, "fair_value": 2.351877, "relative_strength": 2.518875, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.048819, "energy": 38.961641, "activity_lines": [ 1.589617, 1.63202, 1.632408, 1.645165 ] }, { "date": "2025-06-27", "close": 1.44308, "volume": 447100, "typical_volume": 279465.0, "trend": 1.666926, "fair_value": 2.3383, "relative_strength": -4.219297, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.74249, "energy": 66.754366, "activity_lines": [ 1.529091, 1.595572, 1.615388, 1.629801 ] }, { "date": "2025-07-04", "close": 1.519534, "volume": 486300, "typical_volume": 280570.0, "trend": 1.656413, "fair_value": 2.327368, "relative_strength": -2.214577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.878381, "energy": 66.957648, "activity_lines": [ 1.513163, 1.575812, 1.605505, 1.620292 ] }, { "date": "2025-07-11", "close": 1.557761, "volume": 232600, "typical_volume": 277270.0, "trend": 1.647787, "fair_value": 2.317433, "relative_strength": 0.359742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.579296, "energy": 65.84079, "activity_lines": [ 1.521445, 1.565233, 1.599542, 1.613928 ] }, { "date": "2025-07-18", "close": 1.595989, "volume": 957400, "typical_volume": 306240.0, "trend": 1.64074, "fair_value": 2.306452, "relative_strength": -4.209158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.051171, "energy": 42.804153, "activity_lines": [ 1.545656, 1.562974, 1.59784, 1.610586 ] }, { "date": "2025-07-25", "close": 1.662886, "volume": 460500, "typical_volume": 314085.0, "trend": 1.635312, "fair_value": 2.295362, "relative_strength": -1.036493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.876937, "energy": 11.210708, "activity_lines": [ 1.590254, 1.574442, 1.602555, 1.612015 ] }, { "date": "2025-08-01", "close": 1.65333, "volume": 120100, "typical_volume": 314800.0, "trend": 1.629871, "fair_value": 2.283456, "relative_strength": -1.653416, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.385651, "energy": 16.926135, "activity_lines": [ 1.622748, 1.585911, 1.606305, 1.613177 ] }, { "date": "2025-08-08", "close": 1.682, "volume": 208000, "typical_volume": 306265.0, "trend": 1.625385, "fair_value": 2.272057, "relative_strength": -2.879394, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.447484, "energy": 21.442822, "activity_lines": [ 1.650781, 1.603982, 1.612557, 1.61654 ] }, { "date": "2025-08-15", "close": 1.682, "volume": 157400, "typical_volume": 307315.0, "trend": 1.623041, "fair_value": 2.260981, "relative_strength": -2.721355, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.851996, "energy": 28.352273, "activity_lines": [ 1.667983, 1.622226, 1.618752, 1.620193 ] }, { "date": "2025-08-22", "close": 1.691667, "volume": 275900, "typical_volume": 311045.0, "trend": 1.62163, "fair_value": 2.249372, "relative_strength": -1.535745, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.741855, "energy": 52.010198, "activity_lines": [ 1.680125, 1.640839, 1.625547, 1.62462 ] }, { "date": "2025-08-29", "close": 1.614333, "volume": 262100, "typical_volume": 310260.0, "trend": 1.617947, "fair_value": 2.237701, "relative_strength": -4.521296, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 49.358645, "energy": 35.324721, "activity_lines": [ 1.660111, 1.64313, 1.624567, 1.624149 ] }, { "date": "2025-09-05", "close": 1.624, "volume": 427700, "typical_volume": 329125.0, "trend": 1.624985, "fair_value": 2.225984, "relative_strength": -5.799147, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.723345, "energy": 12.531415, "activity_lines": [ 1.646556, 1.645628, 1.62429, 1.62454 ] }, { "date": "2025-09-12", "close": 1.672333, "volume": 291600, "typical_volume": 336130.0, "trend": 1.628128, "fair_value": 2.214468, "relative_strength": -4.816802, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.111918, "energy": 12.944555, "activity_lines": [ 1.651067, 1.653625, 1.628486, 1.627595 ] }, { "date": "2025-09-19", "close": 1.691667, "volume": 324400, "typical_volume": 345255.0, "trend": 1.628247, "fair_value": 2.203619, "relative_strength": -3.329808, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.506992, "energy": 26.638537, "activity_lines": [ 1.662667, 1.662359, 1.634379, 1.631694 ] }, { "date": "2025-09-26", "close": 1.701333, "volume": 331300, "typical_volume": 356640.0, "trend": 1.63144, "fair_value": 2.194024, "relative_strength": -1.469228, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.084876, "energy": 44.688081, "activity_lines": [ 1.676844, 1.670416, 1.640914, 1.636409 ] }, { "date": "2025-10-03", "close": 1.633667, "volume": 610900, "typical_volume": 359410.0, "trend": 1.630848, "fair_value": 2.184213, "relative_strength": -6.125692, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.406352, "energy": 38.142967, "activity_lines": [ 1.667822, 1.664254, 1.640912, 1.636553 ] }, { "date": "2025-10-10", "close": 1.653, "volume": 146200, "typical_volume": 348805.0, "trend": 1.63243, "fair_value": 2.174417, "relative_strength": -4.267599, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.542863, "energy": 28.3981, "activity_lines": [ 1.663956, 1.662139, 1.643346, 1.637982 ] }, { "date": "2025-10-17", "close": 1.624, "volume": 202500, "typical_volume": 326085.0, "trend": 1.630904, "fair_value": 2.164761, "relative_strength": -4.82346, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.496968, "energy": 12.848594, "activity_lines": [ 1.648489, 1.654758, 1.643384, 1.637438 ] }, { "date": "2025-10-24", "close": 1.624, "volume": 77000, "typical_volume": 318935.0, "trend": 1.631214, "fair_value": 2.155538, "relative_strength": -7.446488, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.789954, "energy": 16.960703, "activity_lines": [ 1.636244, 1.64843, 1.643743, 1.636993 ] }, { "date": "2025-10-31", "close": 1.566, "volume": 334000, "typical_volume": 327940.0, "trend": 1.629895, "fair_value": 2.145727, "relative_strength": -10.417867, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.042813, "energy": 29.329534, "activity_lines": [ 1.609178, 1.632612, 1.638491, 1.632785 ] }, { "date": "2025-11-07", "close": 1.430667, "volume": 1151700, "typical_volume": 375235.0, "trend": 1.625289, "fair_value": 2.135807, "relative_strength": -17.487227, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.077583, "energy": 75.282551, "activity_lines": [ 1.546022, 1.594473, 1.620356, 1.619932 ] }, { "date": "2025-11-14", "close": 1.479, "volume": 1883900, "typical_volume": 447075.0, "trend": 1.621377, "fair_value": 2.127391, "relative_strength": -12.270724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.051501, "energy": 71.790252, "activity_lines": [ 1.512511, 1.568461, 1.607293, 1.610494 ] }, { "date": "2025-11-21", "close": 1.566, "volume": 707200, "typical_volume": 458120.0, "trend": 1.618836, "fair_value": 2.119424, "relative_strength": -5.947602, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.243793, "energy": 65.553604, "activity_lines": [ 1.5196, 1.560903, 1.602345, 1.606921 ] }, { "date": "2025-11-28", "close": 1.546667, "volume": 87200, "typical_volume": 450850.0, "trend": 1.615955, "fair_value": 2.109163, "relative_strength": -7.169956, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.272342, "energy": 57.284204, "activity_lines": [ 1.524111, 1.551764, 1.595334, 1.602265 ] }, { "date": "2025-12-05", "close": 1.556333, "volume": 173900, "typical_volume": 411675.0, "trend": 1.611767, "fair_value": 2.099181, "relative_strength": -7.78629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.133645, "energy": 33.493171, "activity_lines": [ 1.537, 1.547018, 1.589296, 1.598419 ] }, { "date": "2025-12-12", "close": 1.566, "volume": 79200, "typical_volume": 392610.0, "trend": 1.605351, "fair_value": 2.090238, "relative_strength": -5.730647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.839225, "energy": 19.778722, "activity_lines": [ 1.553756, 1.546667, 1.584368, 1.595466 ] }, { "date": "2025-12-19", "close": 1.566, "volume": 82300, "typical_volume": 390720.0, "trend": 1.599892, "fair_value": 2.081837, "relative_strength": -5.486115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.875013, "energy": 17.521801, "activity_lines": [ 1.561489, 1.547545, 1.579902, 1.592927 ] }, { "date": "2025-12-26", "close": 1.595, "volume": 231900, "typical_volume": 391915.0, "trend": 1.596673, "fair_value": 2.072862, "relative_strength": -4.225305, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.146093, "energy": 15.692103, "activity_lines": [ 1.573089, 1.555279, 1.578613, 1.592611 ] }, { "date": "2026-01-02", "close": 1.575667, "volume": 40800, "typical_volume": 386085.0, "trend": 1.595677, "fair_value": 2.063764, "relative_strength": -5.333817, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.476688, "energy": 15.470496, "activity_lines": [ 1.576311, 1.560024, 1.575897, 1.591256 ] }, { "date": "2026-01-09", "close": 1.537, "volume": 217800, "typical_volume": 383180.0, "trend": 1.594667, "fair_value": 2.054309, "relative_strength": -7.107727, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.225624, "energy": 15.593621, "activity_lines": [ 1.564711, 1.558618, 1.570005, 1.587471 ] }, { "date": "2026-01-16", "close": 1.527333, "volume": 205400, "typical_volume": 380345.0, "trend": 1.594608, "fair_value": 2.043382, "relative_strength": -9.10312, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.751348, "energy": 22.548739, "activity_lines": [ 1.551178, 1.555982, 1.563929, 1.583126 ] }, { "date": "2026-01-23", "close": 1.508, "volume": 500100, "typical_volume": 383965.0, "trend": 1.596772, "fair_value": 2.032657, "relative_strength": -12.732474, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.118692, "energy": 31.344999, "activity_lines": [ 1.533778, 1.548073, 1.556425, 1.577539 ] }, { "date": "2026-01-30", "close": 1.517667, "volume": 256500, "typical_volume": 382210.0, "trend": 1.59671, "fair_value": 2.021668, "relative_strength": -12.703477, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.431528, "energy": 39.492196, "activity_lines": [ 1.523467, 1.541394, 1.550395, 1.572435 ] }, { "date": "2026-02-06", "close": 1.537, "volume": 318100, "typical_volume": 381895.0, "trend": 1.596018, "fair_value": 2.011237, "relative_strength": -13.487166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.498626, "energy": 41.795483, "activity_lines": [ 1.524756, 1.539109, 1.546943, 1.568583 ] }, { "date": "2026-02-13", "close": 1.633667, "volume": 1022200, "typical_volume": 416440.0, "trend": 1.597274, "fair_value": 2.002727, "relative_strength": -12.831766, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.561834, "energy": 5.649042, "activity_lines": [ 1.560845, 1.554576, 1.553433, 1.571012 ] }, { "date": "2026-02-20", "close": 1.885, "volume": 10370800, "typical_volume": 904435.0, "trend": 1.604678, "fair_value": 1.994961, "relative_strength": -2.656996, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.56732, "energy": 56.980452, "activity_lines": [ 1.674267, 1.614333, 1.584183, 1.589575 ] }, { "date": "2026-02-27", "close": 1.749667, "volume": 2422400, "typical_volume": 1018245.0, "trend": 1.607889, "fair_value": 1.986436, "relative_strength": -12.272522, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.60996, "energy": 60.41909, "activity_lines": [ 1.718734, 1.643685, 1.600846, 1.598929 ] }, { "date": "2026-03-06", "close": 1.720667, "volume": 922000, "typical_volume": 1054220.0, "trend": 1.609178, "fair_value": 1.978375, "relative_strength": -6.302727, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.159895, "energy": 58.315722, "activity_lines": [ 1.737422, 1.664424, 1.614287, 1.606205 ] }, { "date": "2026-03-13", "close": 1.74, "volume": 619300, "typical_volume": 1081335.0, "trend": 1.611111, "fair_value": 1.971849, "relative_strength": -4.994414, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.14544, "energy": 69.083539, "activity_lines": [ 1.749022, 1.686394, 1.62911, 1.614645 ] }, { "date": "2026-03-20", "close": 1.836667, "volume": 3439900, "typical_volume": 1236630.0, "trend": 1.615945, "fair_value": 1.965834, "relative_strength": -1.187213, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.822143, "energy": 52.398048, "activity_lines": [ 1.779311, 1.722952, 1.652586, 1.629197 ] }, { "date": "2026-03-27", "close": 1.807667, "volume": 421500, "typical_volume": 1200120.0, "trend": 1.622389, "fair_value": 1.959632, "relative_strength": -3.514266, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.272589, "energy": 44.511069, "activity_lines": [ 1.7864, 1.748788, 1.672011, 1.641566 ] }, { "date": "2026-04-03", "close": 1.836667, "volume": 500500, "typical_volume": 1130950.0, "trend": 1.629478, "fair_value": 1.954268, "relative_strength": -2.197144, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.879003, "energy": 45.970056, "activity_lines": [ 1.808311, 1.7748, 1.692403, 1.655391 ] }, { "date": "2026-04-10", "close": 1.894667, "volume": 559400, "typical_volume": 1123560.0, "trend": 1.636889, "fair_value": 1.949058, "relative_strength": -2.453929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.748628, "energy": 54.536278, "activity_lines": [ 1.843756, 1.805382, 1.716616, 1.6725 ] }, { "date": "2026-04-17", "close": 1.875333, "volume": 132900, "typical_volume": 1125845.0, "trend": 1.643011, "fair_value": 1.944484, "relative_strength": -1.681909, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.893465, "energy": 54.204252, "activity_lines": [ 1.861156, 1.825594, 1.737422, 1.687883 ] }, { "date": "2026-04-24", "close": 1.856, "volume": 331500, "typical_volume": 1133725.0, "trend": 1.648167, "fair_value": 1.940111, "relative_strength": -0.723469, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.961312, "energy": 51.490164, "activity_lines": [ 1.863089, 1.83614, 1.754822, 1.701624 ] }, { "date": "2026-05-01", "close": 1.894667, "volume": 881900, "typical_volume": 1173860.0, "trend": 1.656867, "fair_value": 1.935541, "relative_strength": -1.066916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.772623, "energy": 45.376131, "activity_lines": [ 1.876622, 1.849673, 1.774478, 1.717528 ] }, { "date": "2026-05-08", "close": 1.93, "volume": 442600, "typical_volume": 1191875.0, "trend": 1.6661, "fair_value": 1.930751, "relative_strength": 0.484737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.505358, "energy": 43.958049, "activity_lines": [ 1.896133, 1.869455, 1.795933, 1.735149 ] }, { "date": "2026-05-15", "close": 2.0, "volume": 811100, "typical_volume": 1220835.0, "trend": 1.678633, "fair_value": 1.926855, "relative_strength": 3.159711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.301435, "energy": 48.020258, "activity_lines": [ 1.932756, 1.898685, 1.822322, 1.756691 ] }, { "date": "2026-05-22", "close": 1.95, "volume": 726800, "typical_volume": 1255135.0, "trend": 1.6895, "fair_value": 1.922639, "relative_strength": -0.469316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.653897, "energy": 62.180246, "activity_lines": [ 1.945689, 1.913746, 1.842021, 1.774199 ] }, { "date": "2026-05-29", "close": 1.91, "volume": 592900, "typical_volume": 1273890.0, "trend": 1.700967, "fair_value": 1.918612, "relative_strength": -3.988579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.793394, "energy": 59.538427, "activity_lines": [ 1.940311, 1.917715, 1.856127, 1.788424 ] }, { "date": "2026-06-05", "close": 1.87, "volume": 273300, "typical_volume": 1277285.0, "trend": 1.715611, "fair_value": 1.914218, "relative_strength": -6.516818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.637289, "energy": 47.715837, "activity_lines": [ 1.918, 1.913079, 1.864648, 1.79933 ] }, { "date": "2026-06-12", "close": 1.78, "volume": 117200, "typical_volume": 1258140.0, "trend": 1.725645, "fair_value": 1.909469, "relative_strength": -11.188252, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.987813, "energy": 19.754336, "activity_lines": [ 1.867333, 1.890945, 1.862965, 1.803484 ] }, { "date": "2026-06-19", "close": 1.81, "volume": 197400, "typical_volume": 1255185.0, "trend": 1.733778, "fair_value": 1.90547, "relative_strength": -8.153377, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.678741, "energy": 24.508216, "activity_lines": [ 1.836667, 1.875297, 1.862845, 1.808926 ] }, { "date": "2026-06-26", "close": 1.81, "volume": 305300, "typical_volume": 1254545.0, "trend": 1.742556, "fair_value": 1.902474, "relative_strength": -6.127358, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.279959, "energy": 20.583871, "activity_lines": [ 1.818667, 1.861188, 1.861332, 1.813844 ] }, { "date": "2026-07-03", "close": 1.82, "volume": 126600, "typical_volume": 1209765.0, "trend": 1.751345, "fair_value": 1.899431, "relative_strength": -9.330363, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.4389, "energy": 20.626286, "activity_lines": [ 1.813333, 1.850085, 1.859471, 1.81884 ] }, { "date": "2026-07-10", "close": 1.83, "volume": 804100, "typical_volume": 731430.0, "trend": 1.760145, "fair_value": 1.896675, "relative_strength": -9.043251, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.917103, "energy": 15.599544, "activity_lines": [ 1.817333, 1.841455, 1.857676, 1.823915 ] }, { "date": "2026-07-17", "close": 1.9, "volume": 766800, "typical_volume": 648650.0, "trend": 1.771278, "fair_value": 1.894144, "relative_strength": -6.334352, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.129007, "energy": 16.36003, "activity_lines": [ 1.847333, 1.846727, 1.86281, 1.832938 ] }, { "date": "2026-07-24", "close": 1.9, "volume": 372000, "typical_volume": 621150.0, "trend": 1.781445, "fair_value": 1.891502, "relative_strength": -6.293707, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.875681, "energy": 24.468977, "activity_lines": [ 1.869333, 1.852545, 1.867227, 1.841242 ] }, { "date": "2026-07-31", "close": 1.93, "volume": 224400, "typical_volume": 601405.0, "trend": 1.793256, "fair_value": 1.889275, "relative_strength": -3.484298, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.578665, "energy": 36.208454, "activity_lines": [ 1.895333, 1.865636, 1.873648, 1.850827 ] }, { "date": "2026-08-07", "close": 1.91, "volume": 172200, "typical_volume": 438020.0, "trend": 1.805689, "fair_value": 1.887031, "relative_strength": -3.607549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.848243, "energy": 41.394883, "activity_lines": [ 1.906667, 1.875455, 1.877259, 1.858358 ] } ], "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." } } }