{ "ticker": { "uuid": "544e4181-8e3d-4e4d-90cc-e108cd37a5dc", "symbol": "KLRS", "name": "Kalaris Therapeutics, Inc.", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -61.869, "architecture_energy": 52.951, "architecture_maturity": 61.857, "architecture_confidence": 95.424, "architecture_tenure": "Developing", "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": 13.76, "rotation_up": 22.23, "upward_expansion": 8.22, "deceleration": 58.71, "rotation_down": 57.37, "downward_expansion": 81.55 }, "activity_lines": [ 3.918667, 4.140364, 4.527714, 5.206925 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 4.07, "trend_reference": 6.305333, "distance_from_trend": -0.354515, "trend_direction": "Weakening", "fair_value": 14.704681, "distance_from_fair_value": -0.723217, "fair_value_direction": "Improving", "relative_strength": -42.164776, "relative_strength_direction": "Weakening", "price_momentum": -0.51199, "excess_performance": -0.699444, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.354515, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.144653, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.723217, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.040516, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.421648, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.178591, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.51199, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.130117, "read": "Supply-led" } ], "volume": { "latest": 431098, "relative_activity": 0.43937, "balance": 0.130117, "dry_up": 3.398775, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.210115, "annualized_volatility": 0.758871, "from_high_reference": -0.657407, "from_low_reference": 0.901869 }, "levels": { "trend_reference": 6.305333, "fair_value_reference": 14.704681, "structural_low": 3.03, "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": 37, "median_return": -0.04065, "positive_rate": 0.351351, "directional_follow_through": 0.648649, "median_excess_return": -0.047505, "regime_survival": 0.891892, "best_return": 0.730337, "worst_return": -0.654924, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.258627, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.233847, "regime_survival": 0.75, "best_return": 0.561368, "worst_return": -0.704082, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.278182, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.340272, "regime_survival": 0.5, "best_return": 1.151724, "worst_return": -0.776688, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.300908, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.444439, "regime_survival": 0.75, "best_return": -0.057325, "worst_return": -0.893154, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2022-12-30", "end": "2023-01-27", "tenure": "Developing", "return": 0.120858, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-02-03", "end": "2023-02-24", "tenure": "New", "return": 0.030769, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-03-03", "end": "2023-03-17", "tenure": "New", "return": -0.256536, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-03-24", "end": "2024-05-17", "tenure": "Extended", "return": -0.809951, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": 0.017173, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-11-22", "tenure": "Established", "return": -0.24204, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-09-19", "tenure": "Extended", "return": -0.639797, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": -0.149733, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": 0.393638, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-02-13", "tenure": "Developing", "return": 0.386218, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": 0.046, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-04-03", "tenure": "Developing", "return": -0.410387, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-05-15", "tenure": "Developing", "return": -0.222222, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.172764, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 65.32, "volume": 4377961, "typical_volume": 2615648.6, "trend": 99.896667, "fair_value": 349.803462, "relative_strength": -57.372437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.686038, "energy": 51.083231, "activity_lines": [ 68.586, 72.859818, 81.752952, 87.800151 ] }, { "date": "2023-08-25", "close": 69.0, "volume": 9168861, "typical_volume": 3030838.7, "trend": 97.788333, "fair_value": 346.11609, "relative_strength": -54.90472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.567997, "energy": 43.212121, "activity_lines": [ 67.942, 71.141091, 80.145143, 85.806817 ] }, { "date": "2023-09-01", "close": 74.06, "volume": 2156833, "typical_volume": 3101688.1, "trend": 95.273667, "fair_value": 342.938846, "relative_strength": -52.458015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.266934, "energy": 36.455483, "activity_lines": [ 69.843333, 71.304182, 79.106857, 84.275957 ] }, { "date": "2023-09-08", "close": 66.47, "volume": 1943949, "typical_volume": 3161261.85, "trend": 92.759, "fair_value": 340.118397, "relative_strength": -55.763443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.214715, "energy": 38.085913, "activity_lines": [ 68.877333, 70.112364, 77.418, 82.417656 ] }, { "date": "2023-09-15", "close": 57.73, "volume": 6723298, "typical_volume": 3412539.4, "trend": 89.362667, "fair_value": 336.127308, "relative_strength": -60.458315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.329666, "energy": 42.021893, "activity_lines": [ 65.335333, 67.544727, 75.001905, 80.15772 ] }, { "date": "2023-09-22", "close": 52.44, "volume": 7012716, "typical_volume": 3708327.65, "trend": 85.974, "fair_value": 332.528397, "relative_strength": -61.960548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.525219, "energy": 66.500886, "activity_lines": [ 60.643333, 64.308, 72.183857, 77.775613 ] }, { "date": "2023-09-29", "close": 49.45, "volume": 4362925, "typical_volume": 3891861.7, "trend": 82.930333, "fair_value": 328.681795, "relative_strength": -63.162008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.976156, "energy": 78.510737, "activity_lines": [ 55.813333, 61.037818, 69.314333, 75.419226 ] }, { "date": "2023-10-06", "close": 45.77, "volume": 3289956, "typical_volume": 4029734.5, "trend": 80.722333, "fair_value": 324.882372, "relative_strength": -65.394715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.215594, "energy": 83.724064, "activity_lines": [ 51.06, 57.688182, 66.280524, 73.021785 ] }, { "date": "2023-10-13", "close": 39.56, "volume": 2588235, "typical_volume": 4109763.7, "trend": 78.552667, "fair_value": 320.993013, "relative_strength": -69.009136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.016006, "energy": 89.034971, "activity_lines": [ 46.122667, 53.631818, 62.896238, 70.366151 ] }, { "date": "2023-10-20", "close": 34.73, "volume": 2858899, "typical_volume": 4213928.5, "trend": 76.582333, "fair_value": 317.410321, "relative_strength": -70.987491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.047673, "energy": 91.181005, "activity_lines": [ 41.369333, 49.278545, 59.289619, 67.538882 ] }, { "date": "2023-10-27", "close": 30.82, "volume": 3075841, "typical_volume": 4256833.5, "trend": 74.589, "fair_value": 313.711154, "relative_strength": -72.836628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.371679, "energy": 92.107484, "activity_lines": [ 36.846, 44.799818, 55.578952, 64.586473 ] }, { "date": "2023-11-03", "close": 38.64, "volume": 4070687, "typical_volume": 4375700.55, "trend": 72.963667, "fair_value": 309.003526, "relative_strength": -67.024663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.396618, "energy": 84.403288, "activity_lines": [ 36.370667, 42.370182, 53.046762, 62.267183 ] }, { "date": "2023-11-10", "close": 32.66, "volume": 3883477, "typical_volume": 3917410.55, "trend": 71.077667, "fair_value": 304.826667, "relative_strength": -71.900582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.308374, "energy": 76.352066, "activity_lines": [ 34.622667, 39.405273, 50.341524, 59.666946 ] }, { "date": "2023-11-17", "close": 37.49, "volume": 5522883, "typical_volume": 3880169.8, "trend": 69.375667, "fair_value": 300.127885, "relative_strength": -67.356438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.516017, "energy": 61.519216, "activity_lines": [ 35.358667, 38.071273, 48.3, 57.5 ] }, { "date": "2023-11-24", "close": 35.65, "volume": 2267317, "typical_volume": 3821210.4, "trend": 67.926667, "fair_value": 295.200577, "relative_strength": -68.205704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.191731, "energy": 58.673079, "activity_lines": [ 35.619333, 36.929636, 46.277095, 55.324151 ] }, { "date": "2023-12-01", "close": 45.31, "volume": 6681668, "typical_volume": 4001448.45, "trend": 66.056, "fair_value": 288.589551, "relative_strength": -58.243522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.553249, "energy": 44.646331, "activity_lines": [ 39.038667, 37.945818, 45.356, 53.865011 ] }, { "date": "2023-12-08", "close": 54.05, "volume": 4988168, "typical_volume": 4088042.8, "trend": 64.906, "fair_value": 283.144744, "relative_strength": -48.980974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.950381, "energy": 24.420631, "activity_lines": [ 44.405333, 40.680727, 45.434857, 53.09043 ] }, { "date": "2023-12-15", "close": 54.51, "volume": 5165000, "typical_volume": 4216789.85, "trend": 63.510667, "fair_value": 278.220385, "relative_strength": -48.724544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.421898, "energy": 24.831135, "activity_lines": [ 48.898, 43.415636, 45.690048, 52.41972 ] }, { "date": "2023-12-22", "close": 17.6042, "volume": 28930119, "typical_volume": 5531833.7, "trend": 61.11514, "fair_value": 272.367976, "relative_strength": -83.110226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.252304, "energy": 32.447314, "activity_lines": [ 39.632067, 39.281491, 42.4994, 49.458013 ] }, { "date": "2023-12-29", "close": 15.6354, "volume": 20077345, "typical_volume": 6457306.9, "trend": 58.60032, "fair_value": 266.800767, "relative_strength": -84.574799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.566916, "energy": 55.614391, "activity_lines": [ 31.035587, 35.188578, 39.378037, 46.523836 ] }, { "date": "2024-01-05", "close": 14.9868, "volume": 14189614, "typical_volume": 6947889.55, "trend": 55.036547, "fair_value": 260.561515, "relative_strength": -84.243977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.442177, "energy": 84.203723, "activity_lines": [ 23.557213, 31.324913, 36.439163, 43.710061 ] }, { "date": "2024-01-12", "close": 15.985, "volume": 16788462, "typical_volume": 7328869.6, "trend": 51.506047, "fair_value": 254.039688, "relative_strength": -83.118989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.623094, "energy": 88.532031, "activity_lines": [ 18.43312, 27.930615, 33.835037, 41.190606 ] }, { "date": "2024-01-19", "close": 15.64, "volume": 7173847, "typical_volume": 7579720.3, "trend": 49.512713, "fair_value": 247.845906, "relative_strength": -83.396297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.593848, "energy": 87.206494, "activity_lines": [ 15.731693, 24.885498, 31.450507, 38.876668 ] }, { "date": "2024-01-26", "close": 16.33, "volume": 13830087, "typical_volume": 8174027.2, "trend": 47.45038, "fair_value": 242.558855, "relative_strength": -82.14027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.154769, "energy": 85.302874, "activity_lines": [ 15.8516, 22.275291, 29.409881, 36.735847 ] }, { "date": "2024-02-02", "close": 15.9735, "volume": 5863566, "typical_volume": 8131040.6, "trend": 45.52183, "fair_value": 236.218301, "relative_strength": -82.013374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.294087, "energy": 75.32717, "activity_lines": [ 15.93762, 19.984993, 27.574065, 34.705081 ] }, { "date": "2024-02-09", "close": 16.5554, "volume": 4762560, "typical_volume": 8018532.8, "trend": 43.390343, "fair_value": 230.006797, "relative_strength": -80.923258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.153221, "energy": 61.065665, "activity_lines": [ 16.195067, 18.158249, 25.992508, 32.836279 ] }, { "date": "2024-02-16", "close": 16.1, "volume": 5929325, "typical_volume": 8096852.8, "trend": 41.197677, "fair_value": 223.975194, "relative_strength": -80.218007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.656656, "energy": 58.445662, "activity_lines": [ 16.19614, 16.771516, 24.538459, 31.075612 ] }, { "date": "2024-02-23", "close": 16.054, "volume": 2127230, "typical_volume": 8038716.5, "trend": 39.43281, "fair_value": 218.687848, "relative_strength": -79.524009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.741917, "energy": 52.842901, "activity_lines": [ 16.174213, 16.06642, 23.238839, 29.453439 ] }, { "date": "2024-03-01", "close": 17.204, "volume": 2740983, "typical_volume": 8046353.9, "trend": 37.621943, "fair_value": 214.298387, "relative_strength": -77.442422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.831229, "energy": 51.396281, "activity_lines": [ 16.50802, 16.269615, 22.190247, 28.019322 ] }, { "date": "2024-03-08", "close": 16.7417, "volume": 1542573, "typical_volume": 7980537.6, "trend": 35.949, "fair_value": 209.967885, "relative_strength": -76.799584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.201258, "energy": 49.785314, "activity_lines": [ 16.62946, 16.396031, 21.204083, 26.67221 ] }, { "date": "2024-03-15", "close": 17.9147, "volume": 2686786, "typical_volume": 7961084.85, "trend": 34.368823, "fair_value": 206.339325, "relative_strength": -73.95662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.0245, "energy": 46.989515, "activity_lines": [ 17.090687, 16.715605, 20.415293, 25.508706 ] }, { "date": "2024-03-22", "close": 17.3075, "volume": 2334143, "typical_volume": 7874257.65, "trend": 32.64574, "fair_value": 203.265655, "relative_strength": -74.763197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.413758, "energy": 79.045946, "activity_lines": [ 17.258893, 16.871545, 19.630128, 24.407976 ] }, { "date": "2024-03-29", "close": 17.3627, "volume": 2826639, "typical_volume": 7821415.75, "trend": 30.75583, "fair_value": 199.91516, "relative_strength": -73.741843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.085119, "energy": 78.644988, "activity_lines": [ 17.365, 17.013476, 18.951803, 23.421973 ] }, { "date": "2024-04-05", "close": 17.1787, "volume": 5262949, "typical_volume": 7808419.05, "trend": 29.112787, "fair_value": 196.603292, "relative_strength": -72.982253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.850167, "energy": 76.138898, "activity_lines": [ 17.322527, 17.090631, 18.328799, 22.546029 ] }, { "date": "2024-04-12", "close": 17.6387, "volume": 1676849, "typical_volume": 7778895.65, "trend": 27.77641, "fair_value": 193.460976, "relative_strength": -71.191742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.222574, "energy": 74.186057, "activity_lines": [ 17.435073, 17.235991, 17.846324, 21.805766 ] }, { "date": "2024-04-19", "close": 17.2546, "volume": 2370505, "typical_volume": 7563337.5, "trend": 26.603563, "fair_value": 190.277865, "relative_strength": -69.196406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.701907, "energy": 54.565637, "activity_lines": [ 17.359787, 17.281238, 17.413037, 21.126939 ] }, { "date": "2024-04-26", "close": 18.3333, "volume": 1367551, "typical_volume": 7382306.65, "trend": 25.56634, "fair_value": 186.911476, "relative_strength": -67.56865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.789999, "energy": 44.555421, "activity_lines": [ 17.688073, 17.5099, 17.21608, 20.593374 ] }, { "date": "2024-05-03", "close": 18.354, "volume": 887085, "typical_volume": 7168410.9, "trend": 24.652473, "fair_value": 183.512783, "relative_strength": -66.520647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.089535, "energy": 36.77655, "activity_lines": [ 17.954873, 17.70172, 17.191175, 20.128062 ] }, { "date": "2024-05-10", "close": 18.0665, "volume": 963628, "typical_volume": 5770086.35, "trend": 23.936023, "fair_value": 180.090133, "relative_strength": -66.3354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.618194, "energy": 29.830285, "activity_lines": [ 18.059753, 17.799449, 17.31106, 19.70316 ] }, { "date": "2024-05-17", "close": 17.8342, "volume": 3109981, "typical_volume": 4921718.15, "trend": 23.37283, "fair_value": 177.024262, "relative_strength": -66.147542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.692118, "energy": 20.50308, "activity_lines": [ 18.028013, 17.83926, 17.406619, 19.309494 ] }, { "date": "2024-05-24", "close": 17.411, "volume": 1088850, "typical_volume": 4266679.95, "trend": 22.925863, "fair_value": 173.679974, "relative_strength": -66.167369, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -26.960222, "energy": 20.931765, "activity_lines": [ 17.842173, 17.782262, 17.451403, 18.92486 ] }, { "date": "2024-05-31", "close": 17.3627, "volume": 1129249, "typical_volume": 3483719.3, "trend": 22.21662, "fair_value": 170.392876, "relative_strength": -64.378112, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.925654, "energy": 25.316806, "activity_lines": [ 17.629807, 17.72564, 17.480044, 18.565946 ] }, { "date": "2024-06-07", "close": 17.3075, "volume": 1291974, "typical_volume": 3189625.65, "trend": 21.70487, "fair_value": 167.25286, "relative_strength": -63.42255, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.189397, "energy": 26.173459, "activity_lines": [ 17.463747, 17.657978, 17.496867, 18.249229 ] }, { "date": "2024-06-14", "close": 17.5076, "volume": 1530794, "typical_volume": 2574661.0, "trend": 21.03879, "fair_value": 164.435537, "relative_strength": -62.13708, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.241978, "energy": 24.083047, "activity_lines": [ 17.434153, 17.627702, 17.524806, 17.978437 ] }, { "date": "2024-06-21", "close": 17.0959, "volume": 1326908, "typical_volume": 2347828.1, "trend": 20.42032, "fair_value": 161.423908, "relative_strength": -61.781541, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.245618, "energy": 24.698756, "activity_lines": [ 17.304587, 17.516591, 17.507929, 17.724057 ] }, { "date": "2024-06-28", "close": 16.6359, "volume": 7141478, "typical_volume": 2466774.0, "trend": 19.464517, "fair_value": 158.603946, "relative_strength": -61.365922, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -55.239351, "energy": 29.881418, "activity_lines": [ 17.070907, 17.331713, 17.441897, 17.479901 ] }, { "date": "2024-07-05", "close": 16.1023, "volume": 2205984, "typical_volume": 2280606.95, "trend": 18.199593, "fair_value": 155.842486, "relative_strength": -62.52269, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -51.448314, "energy": 31.747112, "activity_lines": [ 16.711033, 17.061065, 17.324662, 17.262984 ] }, { "date": "2024-07-12", "close": 18.3977, "volume": 1326784, "typical_volume": 2240584.65, "trend": 16.99585, "fair_value": 153.361125, "relative_strength": -55.311218, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.501152, "energy": 15.080285, "activity_lines": [ 17.20032, 17.248327, 17.426027, 17.275765 ] }, { "date": "2024-07-19", "close": 17.1281, "volume": 923597, "typical_volume": 2149715.35, "trend": 16.97998, "fair_value": 150.706497, "relative_strength": -54.762877, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.781459, "energy": 8.443836, "activity_lines": [ 17.193727, 17.203958, 17.395316, 17.284297 ] }, { "date": "2024-07-26", "close": 18.0826, "volume": 1029746, "typical_volume": 2124074.0, "trend": 17.061553, "fair_value": 148.000488, "relative_strength": -49.234811, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.64255, "energy": 13.833615, "activity_lines": [ 17.5306, 17.350196, 17.455872, 17.355434 ] }, { "date": "2024-08-02", "close": 17.71, "volume": 902144, "typical_volume": 2034841.9, "trend": 17.152327, "fair_value": 145.09895, "relative_strength": -46.650106, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.586963, "energy": 18.747506, "activity_lines": [ 17.677493, 17.424173, 17.474557, 17.397269 ] }, { "date": "2024-08-09", "close": 16.6865, "volume": 652338, "typical_volume": 1950751.65, "trend": 17.17571, "fair_value": 142.451812, "relative_strength": -47.929197, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.852484, "energy": 8.713155, "activity_lines": [ 17.411613, 17.306622, 17.39674, 17.367216 ] }, { "date": "2024-08-16", "close": 17.0867, "volume": 672761, "typical_volume": 1843057.75, "trend": 17.223933, "fair_value": 139.838201, "relative_strength": -47.341875, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.916674, "energy": 3.468082, "activity_lines": [ 17.240187, 17.274129, 17.359995, 17.361473 ] }, { "date": "2024-08-23", "close": 17.25, "volume": 577448, "typical_volume": 1608782.7, "trend": 17.2546, "fair_value": 137.084099, "relative_strength": -44.989799, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.67994, "energy": 7.626492, "activity_lines": [ 17.210593, 17.275342, 17.340116, 17.363155 ] }, { "date": "2024-08-30", "close": 17.9239, "volume": 1221819, "typical_volume": 1586031.2, "trend": 17.319613, "fair_value": 134.219316, "relative_strength": -39.548394, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.923121, "energy": 10.92013, "activity_lines": [ 17.397507, 17.403765, 17.384079, 17.406336 ] }, { "date": "2024-09-06", "close": 17.5766, "volume": 432946, "typical_volume": 1489153.25, "trend": 17.353653, "fair_value": 131.135576, "relative_strength": -34.221809, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.024904, "energy": 12.56473, "activity_lines": [ 17.479233, 17.453989, 17.393608, 17.422915 ] }, { "date": "2024-09-13", "close": 17.3006, "volume": 504687, "typical_volume": 1446010.05, "trend": 17.393673, "fair_value": 127.70949, "relative_strength": -36.413195, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.310317, "energy": 5.816045, "activity_lines": [ 17.477853, 17.436927, 17.375317, 17.419493 ] }, { "date": "2024-09-20", "close": 17.6065, "volume": 1502942, "typical_volume": 1476802.9, "trend": 17.445423, "fair_value": 124.416583, "relative_strength": -33.775527, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.808969, "energy": 5.519878, "activity_lines": [ 17.5375, 17.453696, 17.391078, 17.433223 ] }, { "date": "2024-09-27", "close": 18.377, "volume": 704403, "typical_volume": 1463841.65, "trend": 17.484523, "fair_value": 120.702526, "relative_strength": -29.084016, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.354829, "energy": 23.656031, "activity_lines": [ 17.819327, 17.624942, 17.483779, 17.493325 ] }, { "date": "2024-10-04", "close": 18.0665, "volume": 484241, "typical_volume": 1332554.65, "trend": 17.528683, "fair_value": 117.570324, "relative_strength": -28.043003, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.247481, "energy": 32.671586, "activity_lines": [ 17.92252, 17.717025, 17.54543, 17.530872 ] }, { "date": "2024-10-11", "close": 19.32, "volume": 1119640, "typical_volume": 1334094.15, "trend": 17.575527, "fair_value": 114.419619, "relative_strength": -21.956821, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.971067, "energy": 51.836414, "activity_lines": [ 18.43404, 18.037311, 17.725355, 17.646441 ] }, { "date": "2024-10-18", "close": 17.7813, "volume": 447063, "typical_volume": 1299984.85, "trend": 17.59132, "fair_value": 110.888986, "relative_strength": -26.570485, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.630624, "energy": 42.324882, "activity_lines": [ 18.316433, 18.04856, 17.749648, 17.659717 ] }, { "date": "2024-10-25", "close": 18.469, "volume": 643682, "typical_volume": 1267570.25, "trend": 17.628197, "fair_value": 107.467441, "relative_strength": -22.256332, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.963788, "energy": 38.491557, "activity_lines": [ 18.396013, 18.16494, 17.837442, 17.716341 ] }, { "date": "2024-11-01", "close": 21.9282, "volume": 2659300, "typical_volume": 1323995.55, "trend": 17.786513, "fair_value": 103.989929, "relative_strength": -3.856582, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 82.449869, "energy": 68.545426, "activity_lines": [ 19.57116, 18.885133, 18.249153, 17.993761 ] }, { "date": "2024-11-08", "close": 14.237, "volume": 4856374, "typical_volume": 1500468.85, "trend": 17.673123, "fair_value": 100.790423, "relative_strength": -39.345155, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.538677, "energy": 4.258986, "activity_lines": [ 17.945827, 18.121867, 17.907318, 17.76476 ] }, { "date": "2024-11-15", "close": 13.087, "volume": 2752962, "typical_volume": 1281043.05, "trend": 17.534203, "fair_value": 97.913801, "relative_strength": -40.481081, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.61524, "energy": 34.973692, "activity_lines": [ 16.19246, 17.216545, 17.469573, 17.468881 ] }, { "date": "2024-11-22", "close": 12.6477, "volume": 1835986, "typical_volume": 1262543.15, "trend": 17.344683, "fair_value": 95.304171, "relative_strength": -41.831238, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.133099, "energy": 61.927589, "activity_lines": [ 14.708193, 16.31298, 17.00689, 17.153623 ] }, { "date": "2024-11-29", "close": 12.604, "volume": 1634749, "typical_volume": 1277941.4, "trend": 17.153017, "fair_value": 92.806312, "relative_strength": -40.005112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.752336, "energy": 67.107657, "activity_lines": [ 13.5516, 15.486067, 16.556495, 16.847772 ] }, { "date": "2024-12-06", "close": 11.569, "volume": 1701792, "typical_volume": 1316851.15, "trend": 16.936433, "fair_value": 90.272331, "relative_strength": -43.609599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.540927, "energy": 78.185966, "activity_lines": [ 12.441007, 14.561927, 16.035118, 16.487513 ] }, { "date": "2024-12-13", "close": 10.35, "volume": 1692585, "typical_volume": 1349993.1, "trend": 16.68696, "fair_value": 88.242139, "relative_strength": -46.899492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.273095, "energy": 80.26988, "activity_lines": [ 11.614693, 13.539933, 15.424118, 16.062582 ] }, { "date": "2024-12-20", "close": 9.292, "volume": 2009473, "typical_volume": 1405359.55, "trend": 16.416327, "fair_value": 86.281831, "relative_strength": -50.579425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.563777, "energy": 80.880173, "activity_lines": [ 10.694847, 12.465875, 14.749177, 15.585488 ] }, { "date": "2024-12-27", "close": 10.511, "volume": 790065, "typical_volume": 1412245.9, "trend": 16.187937, "fair_value": 84.441389, "relative_strength": -44.059735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.863015, "energy": 69.822067, "activity_lines": [ 10.434333, 11.79578, 14.230418, 15.204499 ] }, { "date": "2025-01-03", "close": 10.4443, "volume": 1120066, "typical_volume": 1434611.15, "trend": 15.959163, "fair_value": 82.808404, "relative_strength": -43.447996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.762586, "energy": 57.255666, "activity_lines": [ 10.294033, 11.245745, 13.734713, 14.833942 ] }, { "date": "2025-01-10", "close": 10.0993, "volume": 1169440, "typical_volume": 1464210.75, "trend": 15.71222, "fair_value": 81.33981, "relative_strength": -43.497663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.572447, "energy": 51.175755, "activity_lines": [ 10.182713, 10.778887, 13.237781, 14.455886 ] }, { "date": "2025-01-17", "close": 9.28, "volume": 3858029, "typical_volume": 1596021.25, "trend": 15.45169, "fair_value": 80.203592, "relative_strength": -48.98454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.598993, "energy": 49.606658, "activity_lines": [ 9.896273, 10.378136, 12.696872, 14.040904 ] }, { "date": "2025-01-24", "close": 10.11, "volume": 176353, "typical_volume": 1583191.6, "trend": 15.23416, "fair_value": 79.140515, "relative_strength": -44.649135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.119852, "energy": 44.360613, "activity_lines": [ 9.957833, 10.218422, 12.276172, 13.696279 ] }, { "date": "2025-01-31", "close": 9.42, "volume": 145091, "typical_volume": 1565211.8, "trend": 15.011417, "fair_value": 78.015515, "relative_strength": -47.129521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.350966, "energy": 46.627326, "activity_lines": [ 9.73486, 9.98738, 11.825313, 13.321172 ] }, { "date": "2025-02-07", "close": 10.05, "volume": 181557, "typical_volume": 1499142.55, "trend": 14.73316, "fair_value": 76.788399, "relative_strength": -43.055306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.936989, "energy": 58.221994, "activity_lines": [ 9.79462, 9.929569, 11.471981, 13.00108 ] }, { "date": "2025-02-14", "close": 9.9, "volume": 65735, "typical_volume": 1467209.15, "trend": 14.492223, "fair_value": 75.598656, "relative_strength": -44.889277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.698046, "energy": 63.110183, "activity_lines": [ 9.830667, 9.890922, 11.140346, 12.689263 ] }, { "date": "2025-02-21", "close": 9.63, "volume": 26658, "typical_volume": 1444330.0, "trend": 14.21047, "fair_value": 74.323143, "relative_strength": -44.566185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.37944, "energy": 66.713763, "activity_lines": [ 9.79, 9.833529, 10.823364, 12.375572 ] }, { "date": "2025-02-28", "close": 9.8, "volume": 55674, "typical_volume": 1391131.7, "trend": 13.946803, "fair_value": 73.308207, "relative_strength": -40.926773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.68552, "energy": 54.323362, "activity_lines": [ 9.782667, 9.820136, 10.562746, 12.091025 ] }, { "date": "2025-03-07", "close": 9.87, "volume": 23969, "typical_volume": 1369977.0, "trend": 13.719587, "fair_value": 72.287822, "relative_strength": -37.853617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.99921, "energy": 41.153334, "activity_lines": [ 9.819333, 9.810235, 10.354128, 11.828006 ] }, { "date": "2025-03-14", "close": 9.65, "volume": 62631, "typical_volume": 1340924.45, "trend": 13.471697, "fair_value": 71.089104, "relative_strength": -36.897674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.420155, "energy": 44.236211, "activity_lines": [ 9.752667, 9.771987, 10.16223, 11.565452 ] }, { "date": "2025-03-21", "close": 11.0, "volume": 220287, "typical_volume": 1218973.8, "trend": 13.263363, "fair_value": 70.043528, "relative_strength": -27.543854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.133551, "energy": 28.367779, "activity_lines": [ 10.162667, 9.993636, 10.140899, 11.405987 ] }, { "date": "2025-03-28", "close": 8.6, "volume": 111804, "typical_volume": 981745.3, "trend": 12.952567, "fair_value": 69.081348, "relative_strength": -41.249086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.970246, "energy": 39.227161, "activity_lines": [ 9.699333, 9.762545, 9.943036, 11.105125 ] }, { "date": "2025-04-04", "close": 7.08, "volume": 75002, "typical_volume": 847847.3, "trend": 12.60268, "fair_value": 68.208207, "relative_strength": -45.584337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.817662, "energy": 51.869188, "activity_lines": [ 8.798, 9.267455, 9.627253, 10.72625 ] }, { "date": "2025-04-11", "close": 7.23, "volume": 218559, "typical_volume": 766975.95, "trend": 12.266993, "fair_value": 67.420066, "relative_strength": -47.505643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.08679, "energy": 54.736469, "activity_lines": [ 8.128, 8.854727, 9.354361, 10.379625 ] }, { "date": "2025-04-18", "close": 6.99, "volume": 593028, "typical_volume": 714889.9, "trend": 11.91311, "fair_value": 66.798463, "relative_strength": -47.195835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.719187, "energy": 76.364106, "activity_lines": [ 7.554, 8.438182, 9.084411, 10.039174 ] }, { "date": "2025-04-25", "close": 6.7, "volume": 98805, "typical_volume": 634740.55, "trend": 11.523877, "fair_value": 66.170579, "relative_strength": -51.540071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.894496, "energy": 79.811123, "activity_lines": [ 7.060667, 8.024545, 8.813575, 9.702845 ] }, { "date": "2025-05-02", "close": 5.83, "volume": 343540, "typical_volume": 567288.3, "trend": 11.115993, "fair_value": 65.475194, "relative_strength": -58.402836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.920541, "energy": 78.112284, "activity_lines": [ 6.564, 7.510909, 8.483067, 9.335498 ] }, { "date": "2025-05-09", "close": 3.48, "volume": 167170, "typical_volume": 475173.15, "trend": 10.587993, "fair_value": 64.872374, "relative_strength": -74.546144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.301268, "energy": 86.576872, "activity_lines": [ 5.468667, 6.639091, 7.950274, 8.842853 ] }, { "date": "2025-05-16", "close": 3.48, "volume": 331484, "typical_volume": 452244.1, "trend": 10.111283, "fair_value": 64.321156, "relative_strength": -75.630443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.390646, "energy": 87.035833, "activity_lines": [ 4.613333, 5.882182, 7.445157, 8.384273 ] }, { "date": "2025-05-23", "close": 2.79, "volume": 423352, "typical_volume": 417408.4, "trend": 9.58865, "fair_value": 63.784681, "relative_strength": -79.520224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.339146, "energy": 89.397807, "activity_lines": [ 3.778, 5.116, 6.907806, 7.911932 ] }, { "date": "2025-05-30", "close": 2.9, "volume": 90440, "typical_volume": 363458.4, "trend": 8.954377, "fair_value": 63.257758, "relative_strength": -78.607416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.090746, "energy": 88.199794, "activity_lines": [ 3.259333, 4.494545, 6.417381, 7.480406 ] }, { "date": "2025-06-06", "close": 3.3, "volume": 153615, "typical_volume": 178237.7, "trend": 8.58981, "fair_value": 62.736348, "relative_strength": -75.589123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.257934, "energy": 80.641338, "activity_lines": [ 3.127333, 4.093091, 5.999333, 7.115608 ] }, { "date": "2025-06-13", "close": 2.64, "volume": 232236, "typical_volume": 181031.85, "trend": 8.241577, "fair_value": 62.195963, "relative_strength": -79.880078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.981165, "energy": 70.865162, "activity_lines": [ 2.944, 3.668, 5.546905, 6.731749 ] }, { "date": "2025-06-20", "close": 2.4, "volume": 274822, "typical_volume": 187518.4, "trend": 7.899987, "fair_value": 61.581797, "relative_strength": -81.251964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.114313, "energy": 72.091896, "activity_lines": [ 2.736667, 3.28, 5.10719, 6.354873 ] }, { "date": "2025-06-27", "close": 2.62, "volume": 182612, "typical_volume": 187571.15, "trend": 7.567187, "fair_value": 60.989681, "relative_strength": -79.869539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.911023, "energy": 75.738495, "activity_lines": [ 2.674667, 3.019818, 4.721857, 6.014229 ] }, { "date": "2025-07-04", "close": 2.5, "volume": 59327, "typical_volume": 187250.75, "trend": 7.264887, "fair_value": 60.270002, "relative_strength": -80.630898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.759177, "energy": 80.367906, "activity_lines": [ 2.584, 2.817273, 4.360476, 5.687313 ] }, { "date": "2025-07-11", "close": 2.43, "volume": 184904, "typical_volume": 195163.05, "trend": 7.000887, "fair_value": 59.542502, "relative_strength": -80.573274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.819912, "energy": 84.838296, "activity_lines": [ 2.496667, 2.678364, 4.027667, 5.375385 ] }, { "date": "2025-07-18", "close": 2.39, "volume": 378459, "typical_volume": 211302.3, "trend": 6.77082, "fair_value": 58.82654, "relative_strength": -80.604857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.388988, "energy": 85.453717, "activity_lines": [ 2.454, 2.594, 3.725333, 5.077909 ] }, { "date": "2025-07-25", "close": 2.76, "volume": 383531, "typical_volume": 229280.4, "trend": 6.512453, "fair_value": 58.167502, "relative_strength": -77.114733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.35905, "energy": 71.642709, "activity_lines": [ 2.551333, 2.596727, 3.493524, 4.819146 ] }, { "date": "2025-08-01", "close": 2.69, "volume": 192531, "typical_volume": 235775.4, "trend": 6.253977, "fair_value": 57.040643, "relative_strength": -76.451477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.689312, "energy": 66.568384, "activity_lines": [ 2.601333, 2.599818, 3.288905, 4.572536 ] }, { "date": "2025-08-08", "close": 2.67, "volume": 246494, "typical_volume": 237085.75, "trend": 6.006333, "fair_value": 55.941669, "relative_strength": -76.760874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.545961, "energy": 72.458078, "activity_lines": [ 2.64, 2.601091, 3.115524, 4.341312 ] }, { "date": "2025-08-15", "close": 2.46, "volume": 341120, "typical_volume": 248551.55, "trend": 5.779, "fair_value": 54.816284, "relative_strength": -78.017568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.538471, "energy": 60.115954, "activity_lines": [ 2.597333, 2.568364, 2.96181, 4.112516 ] }, { "date": "2025-08-22", "close": 2.51, "volume": 187263, "typical_volume": 254164.6, "trend": 5.525667, "fair_value": 53.694169, "relative_strength": -76.623847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.252828, "energy": 68.182892, "activity_lines": [ 2.569333, 2.56, 2.842095, 3.901613 ] }, { "date": "2025-08-29", "close": 4.08, "volume": 878814, "typical_volume": 287177.35, "trend": 5.347667, "fair_value": 52.592438, "relative_strength": -60.660701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.249195, "energy": 33.165068, "activity_lines": [ 3.056667, 2.839455, 2.893667, 3.808344 ] }, { "date": "2025-09-05", "close": 4.62, "volume": 11844071, "typical_volume": 849729.5, "trend": 5.166667, "fair_value": 51.331989, "relative_strength": -54.377953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.412166, "energy": 20.250621, "activity_lines": [ 3.636, 3.186545, 3.011667, 3.761398 ] }, { "date": "2025-09-12", "close": 3.89, "volume": 797463, "typical_volume": 884662.4, "trend": 4.966333, "fair_value": 50.153848, "relative_strength": -61.002191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.844181, "energy": 24.835786, "activity_lines": [ 3.843333, 3.364545, 3.071429, 3.679032 ] }, { "date": "2025-09-19", "close": 4.54, "volume": 1323614, "typical_volume": 933666.1, "trend": 4.796667, "fair_value": 49.093399, "relative_strength": -53.932063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.161114, "energy": 33.332988, "activity_lines": [ 4.186, 3.635455, 3.206476, 3.651527 ] }, { "date": "2025-09-26", "close": 5.61, "volume": 829874, "typical_volume": 966801.3, "trend": 4.657, "fair_value": 47.966092, "relative_strength": -40.845259, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.333361, "energy": 48.046973, "activity_lines": [ 4.746667, 4.062545, 3.449571, 3.704 ] }, { "date": "2025-10-03", "close": 6.64, "volume": 1056088, "typical_volume": 1003031.5, "trend": 4.549333, "fair_value": 46.723015, "relative_strength": -28.553746, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.968957, "energy": 69.135219, "activity_lines": [ 5.444, 4.618364, 3.780619, 3.831935 ] }, { "date": "2025-10-10", "close": 4.45, "volume": 2025057, "typical_volume": 1083116.75, "trend": 4.376, "fair_value": 45.431989, "relative_strength": -48.980713, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.623664, "energy": 38.214107, "activity_lines": [ 5.240667, 4.705455, 3.888048, 3.825527 ] }, { "date": "2025-10-17", "close": 4.63, "volume": 658590, "typical_volume": 1111524.25, "trend": 4.163667, "fair_value": 44.206989, "relative_strength": -46.193227, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.406543, "energy": 33.078507, "activity_lines": [ 5.108667, 4.793273, 4.004714, 3.841914 ] }, { "date": "2025-10-24", "close": 4.77, "volume": 437006, "typical_volume": 1125693.8, "trend": 4.036, "fair_value": 43.239425, "relative_strength": -43.479316, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.965966, "energy": 25.493337, "activity_lines": [ 4.974, 4.870909, 4.126476, 3.881032 ] }, { "date": "2025-10-31", "close": 5.03, "volume": 331474, "typical_volume": 1130655.7, "trend": 3.967667, "fair_value": 42.226348, "relative_strength": -38.302527, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 14.945395, "energy": 13.342898, "activity_lines": [ 4.910667, 4.953818, 4.266, 3.945161 ] }, { "date": "2025-11-07", "close": 4.75, "volume": 770793, "typical_volume": 1155454.25, "trend": 3.885, "fair_value": 41.002117, "relative_strength": -38.04688, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.073781, "energy": 20.997133, "activity_lines": [ 4.792667, 4.94, 4.367476, 3.995634 ] }, { "date": "2025-11-14", "close": 5.46, "volume": 472681, "typical_volume": 1169957.7, "trend": 3.834, "fair_value": 39.94904, "relative_strength": -26.719213, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.929224, "energy": 26.087619, "activity_lines": [ 5.037333, 5.043091, 4.525381, 4.097247 ] }, { "date": "2025-11-21", "close": 7.01, "volume": 1417781, "typical_volume": 1237880.4, "trend": 3.844333, "fair_value": 38.911797, "relative_strength": -0.854215, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 70.638455, "energy": 46.896564, "activity_lines": [ 5.731333, 5.412727, 4.817381, 4.302151 ] }, { "date": "2025-11-28", "close": 6.24, "volume": 358359, "typical_volume": 1246553.15, "trend": 3.858, "fair_value": 37.80622, "relative_strength": -13.859904, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.229985, "energy": 51.839396, "activity_lines": [ 6.01, 5.585636, 5.014571, 4.45671 ] }, { "date": "2025-12-05", "close": 5.885, "volume": 708375, "typical_volume": 1263048.95, "trend": 3.938167, "fair_value": 36.836957, "relative_strength": -17.857054, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.370696, "energy": 57.865929, "activity_lines": [ 6.072333, 5.663091, 5.15981, 4.587484 ] }, { "date": "2025-12-12", "close": 8.87, "volume": 817737, "typical_volume": 1284759.25, "trend": 4.117833, "fair_value": 35.944329, "relative_strength": 27.302924, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.827911, "energy": 77.294907, "activity_lines": [ 7.072667, 6.278273, 5.57269, 4.905667 ] }, { "date": "2025-12-19", "close": 9.13, "volume": 1804701, "typical_volume": 1365367.75, "trend": 4.329167, "fair_value": 35.259778, "relative_strength": 31.0194, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.181755, "energy": 77.368702, "activity_lines": [ 7.885, 6.900182, 5.981238, 5.229032 ] }, { "date": "2025-12-26", "close": 9.255, "volume": 322203, "typical_volume": 1369153.2, "trend": 4.541, "fair_value": 34.562758, "relative_strength": 32.400515, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.832863, "energy": 79.077309, "activity_lines": [ 8.494333, 7.459727, 6.371024, 5.546828 ] }, { "date": "2026-01-02", "close": 8.3, "volume": 410655, "typical_volume": 1372629.95, "trend": 4.707667, "fair_value": 33.859617, "relative_strength": 22.230635, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.155682, "energy": 75.510833, "activity_lines": [ 8.635667, 7.761545, 6.6385, 5.789344 ] }, { "date": "2026-01-09", "close": 9.78, "volume": 563434, "typical_volume": 1391438.5, "trend": 4.945667, "fair_value": 33.058335, "relative_strength": 42.002531, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.252246, "energy": 80.936352, "activity_lines": [ 9.133, 8.268273, 7.019119, 6.116591 ] }, { "date": "2026-01-16", "close": 9.74, "volume": 468549, "typical_volume": 1370925.25, "trend": 5.190333, "fair_value": 32.346733, "relative_strength": 43.199452, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.945321, "energy": 72.229246, "activity_lines": [ 9.357333, 8.681364, 7.36131, 6.425903 ] }, { "date": "2026-01-23", "close": 9.8, "volume": 161958, "typical_volume": 786819.6, "trend": 5.429667, "fair_value": 31.561797, "relative_strength": 44.619435, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.270665, "energy": 61.308669, "activity_lines": [ 9.543667, 9.014636, 7.682262, 6.723301 ] }, { "date": "2026-01-30", "close": 8.88, "volume": 246296, "typical_volume": 759261.25, "trend": 5.642333, "fair_value": 30.660387, "relative_strength": 32.120224, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.598831, "energy": 50.642483, "activity_lines": [ 9.378667, 9.101727, 7.890929, 6.945903 ] }, { "date": "2026-02-06", "close": 8.34, "volume": 193370, "typical_volume": 702749.05, "trend": 5.839333, "fair_value": 29.804169, "relative_strength": 27.85512, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.571693, "energy": 40.751496, "activity_lines": [ 9.058667, 9.056636, 8.024405, 7.119946 ] }, { "date": "2026-02-13", "close": 8.65, "volume": 278331, "typical_volume": 675171.9, "trend": 6.048, "fair_value": 28.836412, "relative_strength": 35.311992, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.736298, "energy": 29.985435, "activity_lines": [ 8.839333, 9.029727, 8.16931, 7.30128 ] }, { "date": "2026-02-20", "close": 10.0, "volume": 494814, "typical_volume": 647108.2, "trend": 6.289333, "fair_value": 27.912694, "relative_strength": 55.2138, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.917658, "energy": 31.620216, "activity_lines": [ 9.145333, 9.198, 8.42831, 7.556247 ] }, { "date": "2026-02-27", "close": 10.46, "volume": 248473, "typical_volume": 558279.0, "trend": 6.548333, "fair_value": 27.077438, "relative_strength": 63.400641, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.583073, "energy": 39.511624, "activity_lines": [ 9.587333, 9.429364, 8.715119, 7.825323 ] }, { "date": "2026-03-06", "close": 9.82, "volume": 249526, "typical_volume": 537825.8, "trend": 6.786667, "fair_value": 26.422374, "relative_strength": 56.414887, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.012706, "energy": 38.086922, "activity_lines": [ 9.772, 9.520182, 8.912357, 8.036398 ] }, { "date": "2026-03-13", "close": 8.67, "volume": 227191, "typical_volume": 527335.05, "trend": 6.993667, "fair_value": 25.807117, "relative_strength": 40.954391, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.917021, "energy": 35.700494, "activity_lines": [ 9.510667, 9.391636, 8.975357, 8.157903 ] }, { "date": "2026-03-20", "close": 6.57, "volume": 333495, "typical_volume": 527436.1, "trend": 7.129, "fair_value": 25.247694, "relative_strength": 11.372509, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.479419, "energy": 8.582379, "activity_lines": [ 8.527333, 8.874545, 8.819786, 8.13057 ] }, { "date": "2026-03-27", "close": 5.39, "volume": 419762, "typical_volume": 509884.55, "trend": 7.172667, "fair_value": 24.701348, "relative_strength": -3.974489, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -13.926546, "energy": 24.991603, "activity_lines": [ 7.289333, 8.201273, 8.5445, 8.018376 ] }, { "date": "2026-04-03", "close": 5.79, "volume": 146147, "typical_volume": 493557.85, "trend": 7.211667, "fair_value": 24.178207, "relative_strength": 0.54547, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -29.616315, "energy": 46.492532, "activity_lines": [ 6.492, 7.679818, 8.304262, 7.929172 ] }, { "date": "2026-04-10", "close": 6.3, "volume": 499474, "typical_volume": 447642.5, "trend": 7.292, "fair_value": 23.64654, "relative_strength": 5.905493, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.383428, "energy": 54.715114, "activity_lines": [ 6.176, 7.324, 8.111024, 7.870355 ] }, { "date": "2026-04-17", "close": 6.32, "volume": 632616, "typical_volume": 461355.35, "trend": 7.351333, "fair_value": 23.119425, "relative_strength": 1.270992, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.251173, "energy": 56.043116, "activity_lines": [ 6.101333, 7.018727, 7.923071, 7.807645 ] }, { "date": "2026-04-24", "close": 6.11, "volume": 256212, "typical_volume": 438747.2, "trend": 7.368, "fair_value": 22.651412, "relative_strength": -3.231381, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.827654, "energy": 46.939469, "activity_lines": [ 6.113333, 6.712, 7.714738, 7.727559 ] }, { "date": "2026-05-01", "close": 5.46, "volume": 565804, "typical_volume": 426150.55, "trend": 7.328667, "fair_value": 22.03622, "relative_strength": -14.171397, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.044328, "energy": 38.62163, "activity_lines": [ 5.939333, 6.333273, 7.443429, 7.604462 ] }, { "date": "2026-05-08", "close": 5.08, "volume": 415086, "typical_volume": 356669.8, "trend": 7.349667, "fair_value": 21.501156, "relative_strength": -24.305696, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.32901, "energy": 42.137278, "activity_lines": [ 5.634, 5.968, 7.152167, 7.459387 ] }, { "date": "2026-05-15", "close": 4.9, "volume": 643619, "typical_volume": 372740.6, "trend": 7.358667, "fair_value": 20.91481, "relative_strength": -26.78287, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.025853, "energy": 64.492301, "activity_lines": [ 5.316, 5.667818, 6.863048, 7.301344 ] }, { "date": "2026-05-22", "close": 4.92, "volume": 282995, "typical_volume": 366357.6, "trend": 7.363667, "fair_value": 20.372822, "relative_strength": -27.566513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.262125, "energy": 75.156445, "activity_lines": [ 5.098, 5.460727, 6.596571, 7.144011 ] }, { "date": "2026-05-29", "close": 5.27, "volume": 423417, "typical_volume": 359356.75, "trend": 7.371667, "fair_value": 19.822758, "relative_strength": -24.830131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.1394, "energy": 71.101635, "activity_lines": [ 5.09, 5.385455, 6.379524, 7.008935 ] }, { "date": "2026-06-05", "close": 4.44, "volume": 391789, "typical_volume": 355518.75, "trend": 7.361333, "fair_value": 19.06981, "relative_strength": -33.688705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.299131, "energy": 75.637382, "activity_lines": [ 4.861333, 5.182909, 6.104905, 6.819796 ] }, { "date": "2026-06-12", "close": 4.33, "volume": 303734, "typical_volume": 362607.55, "trend": 7.323667, "fair_value": 18.316156, "relative_strength": -36.91553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.16093, "energy": 75.504952, "activity_lines": [ 4.664, 4.977636, 5.845048, 6.624226 ] }, { "date": "2026-06-19", "close": 4.72, "volume": 447070, "typical_volume": 372646.25, "trend": 7.247333, "fair_value": 17.862822, "relative_strength": -33.266556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.590668, "energy": 73.684966, "activity_lines": [ 4.646667, 4.869818, 5.648381, 6.456247 ] }, { "date": "2026-06-26", "close": 4.32, "volume": 356667, "typical_volume": 380811.1, "trend": 7.183333, "fair_value": 17.389233, "relative_strength": -36.213447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.43438, "energy": 82.348828, "activity_lines": [ 4.508, 4.718, 5.433429, 6.267387 ] }, { "date": "2026-07-03", "close": 4.75, "volume": 336851, "typical_volume": 383737.1, "trend": 7.1455, "fair_value": 16.946412, "relative_strength": -30.762002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.939563, "energy": 66.591175, "activity_lines": [ 4.552667, 4.680727, 5.278571, 6.110398 ] }, { "date": "2026-07-10", "close": 4.44, "volume": 163070, "typical_volume": 367149.9, "trend": 6.997833, "fair_value": 16.458848, "relative_strength": -36.649858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.484004, "energy": 59.189817, "activity_lines": [ 4.528667, 4.611818, 5.112762, 5.935849 ] }, { "date": "2026-07-17", "close": 4.38, "volume": 11183210, "typical_volume": 913886.75, "trend": 6.8395, "fair_value": 15.962053, "relative_strength": -35.055286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.488232, "energy": 52.66908, "activity_lines": [ 4.484667, 4.550545, 4.967714, 5.766957 ] }, { "date": "2026-07-24", "close": 3.73, "volume": 1286625, "typical_volume": 965741.7, "trend": 6.655333, "fair_value": 15.543656, "relative_strength": -43.858345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.035391, "energy": 56.78992, "activity_lines": [ 4.220667, 4.383818, 4.789714, 5.566344 ] }, { "date": "2026-07-31", "close": 3.51, "volume": 438206, "typical_volume": 976292.45, "trend": 6.495667, "fair_value": 15.10763, "relative_strength": -47.482016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.34083, "energy": 60.330524, "activity_lines": [ 3.949333, 4.198364, 4.619762, 5.363419 ] }, { "date": "2026-08-07", "close": 4.07, "volume": 431098, "typical_volume": 981172.6, "trend": 6.305333, "fair_value": 14.704681, "relative_strength": -42.164776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.868869, "energy": 52.951012, "activity_lines": [ 3.918667, 4.140364, 4.527714, 5.206925 ] } ], "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." } } }