{ "ticker": { "uuid": "54ce62dd-2332-4063-b227-f45095b7f2dd", "symbol": "AZ", "name": "A2Z Smart Technologies Corp", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -37.948, "architecture_energy": 19.683, "architecture_maturity": 26.91, "architecture_confidence": 78.857, "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": 50.59, "rotation_up": 21.83, "upward_expansion": 12.72, "deceleration": 40.73, "rotation_down": 37.43, "downward_expansion": 62.72 }, "activity_lines": [ 5.942, 5.871636, 6.177, 6.279462 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 6.22, "trend_reference": 6.394, "distance_from_trend": -0.027213, "trend_direction": "Weakening", "fair_value": 5.399917, "distance_from_fair_value": 0.15187, "fair_value_direction": "Weakening", "relative_strength": -20.12895, "relative_strength_direction": "Improving", "price_momentum": -0.020472, "excess_performance": -0.207926, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.027213, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.017416, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.15187, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.180516, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.201289, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.041471, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.020472, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.505699, "read": "Supply-led" } ], "volume": { "latest": 1134013, "relative_activity": 0.628041, "balance": 0.505699, "dry_up": 0.513074, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.160902, "annualized_volatility": 0.623311, "from_high_reference": -0.391383, "from_low_reference": 0.251509 }, "levels": { "trend_reference": 6.394, "fair_value_reference": 5.399917, "structural_low": 4.97, "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": 28, "median_return": -0.084541, "positive_rate": 0.321429, "directional_follow_through": 0.678571, "median_excess_return": -0.089855, "regime_survival": 0.821429, "best_return": 0.948215, "worst_return": -0.504762, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.093982, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.176786, "regime_survival": 0.5, "best_return": 0.96124, "worst_return": -0.671349, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.264749, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.247238, "regime_survival": 0.333333, "best_return": 5.269017, "worst_return": -0.683893, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.547907, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.706827, "regime_survival": 0.333333, "best_return": 4.013717, "worst_return": -0.835061, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-30", "end": "2024-09-27", "tenure": "Developing", "return": 0.351562, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-02-07", "tenure": "Established", "return": 2.281013, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-02-21", "tenure": "New", "return": 0.093333, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-08-08", "tenure": "Established", "return": 0.245059, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-09-19", "tenure": "Developing", "return": -0.079702, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": -0.091687, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-01-16", "tenure": "Developing", "return": -0.009434, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": -0.296097, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": 0.213628, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.064171, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.085542, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": -0.206478, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": -0.161137, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.00639, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.075, "volume": 593179, "typical_volume": 607792.9, "trend": 4.518108, "fair_value": 10.741909, "relative_strength": 15.57497, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.77922, "energy": 22.051376, "activity_lines": [ 5.538333, 5.613636, 5.371612, 4.931764 ] }, { "date": "2023-08-25", "close": 5.55, "volume": 505145, "typical_volume": 624982.45, "trend": 4.540692, "fair_value": 10.751174, "relative_strength": 5.834614, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.315281, "energy": 23.941966, "activity_lines": [ 5.593333, 5.558636, 5.438324, 4.998338 ] }, { "date": "2023-09-01", "close": 5.2, "volume": 324763, "typical_volume": 628855.1, "trend": 4.563192, "fair_value": 10.758545, "relative_strength": -2.282948, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.322245, "energy": 21.603989, "activity_lines": [ 5.5, 5.467727, 5.461345, 5.040874 ] }, { "date": "2023-09-08", "close": 4.7, "volume": 217439, "typical_volume": 623137.45, "trend": 4.586525, "fair_value": 10.761498, "relative_strength": -8.868577, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.921787, "energy": 7.61138, "activity_lines": [ 5.231667, 5.312273, 5.427938, 5.0497 ] }, { "date": "2023-09-15", "close": 4.8, "volume": 285510, "typical_volume": 627580.6, "trend": 4.603192, "fair_value": 10.765344, "relative_strength": -4.755066, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.214182, "energy": 10.527216, "activity_lines": [ 5.038333, 5.204545, 5.395721, 5.063473 ] }, { "date": "2023-09-22", "close": 3.925, "volume": 217535, "typical_volume": 624270.7, "trend": 4.600958, "fair_value": 10.763726, "relative_strength": -18.267204, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.093636, "energy": 35.897227, "activity_lines": [ 4.591667, 4.960455, 5.270639, 5.019718 ] }, { "date": "2023-09-29", "close": 4.125, "volume": 85700, "typical_volume": 611354.95, "trend": 4.605125, "fair_value": 10.760461, "relative_strength": -13.491092, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.39342, "energy": 48.994933, "activity_lines": [ 4.355, 4.781364, 5.160795, 4.989011 ] }, { "date": "2023-10-06", "close": 4.025, "volume": 162328, "typical_volume": 583013.75, "trend": 4.611792, "fair_value": 10.756517, "relative_strength": -16.42129, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.714058, "energy": 52.833448, "activity_lines": [ 4.18, 4.601364, 5.038927, 4.951584 ] }, { "date": "2023-10-13", "close": 3.2, "volume": 151431, "typical_volume": 578957.8, "trend": 4.615125, "fair_value": 10.745545, "relative_strength": -32.757386, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.908145, "energy": 67.169046, "activity_lines": [ 3.808333, 4.290455, 4.839286, 4.860501 ] }, { "date": "2023-10-20", "close": 3.675, "volume": 214582, "typical_volume": 580674.65, "trend": 4.647183, "fair_value": 10.740352, "relative_strength": -20.044672, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.86362, "energy": 59.014688, "activity_lines": [ 3.695, 4.104545, 4.690238, 4.799847 ] }, { "date": "2023-10-27", "close": 3.75, "volume": 442538, "typical_volume": 565457.25, "trend": 4.664683, "fair_value": 10.738333, "relative_strength": -16.048096, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.014896, "energy": 49.522784, "activity_lines": [ 3.681667, 3.963182, 4.553452, 4.741965 ] }, { "date": "2023-11-03", "close": 3.9, "volume": 186605, "typical_volume": 493587.0, "trend": 4.682183, "fair_value": 10.739295, "relative_strength": -17.922045, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.184264, "energy": 37.048563, "activity_lines": [ 3.73, 3.891364, 4.441667, 4.69263 ] }, { "date": "2023-11-10", "close": 3.275, "volume": 169696, "typical_volume": 420653.7, "trend": 4.679683, "fair_value": 10.738077, "relative_strength": -32.907641, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.907021, "energy": 45.870292, "activity_lines": [ 3.585, 3.735909, 4.285476, 4.601844 ] }, { "date": "2023-11-17", "close": 3.275, "volume": 60315, "typical_volume": 369473.25, "trend": 4.690517, "fair_value": 10.733589, "relative_strength": -34.211159, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.711036, "energy": 47.331596, "activity_lines": [ 3.49, 3.615455, 4.145357, 4.511219 ] }, { "date": "2023-11-24", "close": 3.425, "volume": 149467, "typical_volume": 324241.9, "trend": 4.711408, "fair_value": 10.728381, "relative_strength": -31.777242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.856181, "energy": 49.983331, "activity_lines": [ 3.44, 3.548182, 4.034048, 4.429573 ] }, { "date": "2023-12-01", "close": 3.425, "volume": 173223, "typical_volume": 294837.7, "trend": 4.721408, "fair_value": 10.726019, "relative_strength": -31.421867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.011942, "energy": 52.401577, "activity_lines": [ 3.406667, 3.505909, 3.935238, 4.346579 ] }, { "date": "2023-12-08", "close": 3.0, "volume": 200298, "typical_volume": 280042.6, "trend": 4.701408, "fair_value": 10.720839, "relative_strength": -39.590882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.564578, "energy": 55.737377, "activity_lines": [ 3.253333, 3.395455, 3.805833, 4.23552 ] }, { "date": "2023-12-15", "close": 3.0, "volume": 243101, "typical_volume": 273135.75, "trend": 4.661658, "fair_value": 10.716031, "relative_strength": -40.974819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.08675, "energy": 50.820871, "activity_lines": [ 3.16, 3.305455, 3.68631, 4.125752 ] }, { "date": "2023-12-22", "close": 3.475, "volume": 407815, "typical_volume": 267955.6, "trend": 4.633333, "fair_value": 10.708855, "relative_strength": -31.973009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.638553, "energy": 41.863413, "activity_lines": [ 3.243333, 3.320455, 3.621905, 4.049194 ] }, { "date": "2023-12-29", "close": 3.425, "volume": 452858, "typical_volume": 262176.4, "trend": 4.589167, "fair_value": 10.694752, "relative_strength": -32.797391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.462797, "energy": 37.721004, "activity_lines": [ 3.296667, 3.321364, 3.561548, 3.971237 ] }, { "date": "2024-01-05", "close": 2.97225, "volume": 347776, "typical_volume": 249906.25, "trend": 4.488242, "fair_value": 10.686401, "relative_strength": -39.347457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.339636, "energy": 38.965052, "activity_lines": [ 3.199083, 3.2445, 3.467357, 3.866919 ] }, { "date": "2024-01-12", "close": 2.7375, "volume": 122672, "typical_volume": 230782.6, "trend": 4.343658, "fair_value": 10.671139, "relative_strength": -45.217218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.051264, "energy": 42.857324, "activity_lines": [ 3.053433, 3.139095, 3.365585, 3.753968 ] }, { "date": "2024-01-19", "close": 2.575, "volume": 506982, "typical_volume": 239893.55, "trend": 4.207825, "fair_value": 10.654953, "relative_strength": -48.707703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.958612, "energy": 53.461756, "activity_lines": [ 2.871117, 3.025282, 3.261729, 3.639861 ] }, { "date": "2024-01-26", "close": 2.95, "volume": 526601, "typical_volume": 255351.65, "trend": 4.095325, "fair_value": 10.628863, "relative_strength": -40.683934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.863943, "energy": 59.212093, "activity_lines": [ 2.842133, 2.992377, 3.206087, 3.558711 ] }, { "date": "2024-02-02", "close": 2.75, "volume": 137731, "typical_volume": 247962.7, "trend": 3.985325, "fair_value": 10.52678, "relative_strength": -44.606636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.191781, "energy": 63.60209, "activity_lines": [ 2.781483, 2.929018, 3.139731, 3.471916 ] }, { "date": "2024-02-09", "close": 3.0, "volume": 270784, "typical_volume": 250625.15, "trend": 3.901992, "fair_value": 10.399376, "relative_strength": -40.02728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.914787, "energy": 44.519631, "activity_lines": [ 2.849167, 2.923386, 3.106946, 3.408347 ] }, { "date": "2024-02-16", "close": 3.15, "volume": 204654, "typical_volume": 256572.85, "trend": 3.837825, "fair_value": 10.240242, "relative_strength": -35.313532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.992382, "energy": 27.58676, "activity_lines": [ 2.965, 2.952755, 3.092852, 3.359831 ] }, { "date": "2024-02-23", "close": 3.025, "volume": 393844, "typical_volume": 268148.65, "trend": 3.769492, "fair_value": 10.112998, "relative_strength": -38.042319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.807628, "energy": 22.573556, "activity_lines": [ 3.011667, 2.956668, 3.071496, 3.307391 ] }, { "date": "2024-03-01", "close": 3.075, "volume": 323255, "typical_volume": 276739.85, "trend": 3.694492, "fair_value": 10.022613, "relative_strength": -37.563855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.258072, "energy": 16.721353, "activity_lines": [ 3.045, 2.969218, 3.059664, 3.262585 ] }, { "date": "2024-03-08", "close": 2.625, "volume": 420695, "typical_volume": 287045.5, "trend": 3.602825, "fair_value": 9.919455, "relative_strength": -45.198213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.829236, "energy": 25.217062, "activity_lines": [ 2.92, 2.907223, 3.00557, 3.193585 ] }, { "date": "2024-03-15", "close": 1.9475, "volume": 598902, "typical_volume": 294863.7, "trend": 3.465242, "fair_value": 9.809343, "relative_strength": -58.444458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.42135, "energy": 50.128008, "activity_lines": [ 2.5775, 2.736591, 2.891952, 3.08679 ] }, { "date": "2024-03-22", "close": 1.54925, "volume": 589702, "typical_volume": 315018.55, "trend": 3.331883, "fair_value": 9.696678, "relative_strength": -67.60089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.920867, "energy": 78.450488, "activity_lines": [ 2.172417, 2.512182, 2.748989, 2.963178 ] }, { "date": "2024-03-29", "close": 1.458, "volume": 1056534, "typical_volume": 359360.45, "trend": 3.20715, "fair_value": 9.582491, "relative_strength": -68.96579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.042614, "energy": 84.519458, "activity_lines": [ 1.843633, 2.292786, 2.60853, 2.842282 ] }, { "date": "2024-04-05", "close": 1.3, "volume": 1456976, "typical_volume": 429193.5, "trend": 3.093817, "fair_value": 9.480247, "relative_strength": -71.708993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.902473, "energy": 88.407577, "activity_lines": [ 1.56665, 2.064973, 2.461675, 2.71924 ] }, { "date": "2024-04-12", "close": 1.062, "volume": 369545, "typical_volume": 440197.4, "trend": 2.969217, "fair_value": 9.370708, "relative_strength": -76.417565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.738849, "energy": 91.052768, "activity_lines": [ 1.328667, 1.823886, 2.301558, 2.588155 ] }, { "date": "2024-04-19", "close": 1.00025, "volume": 692770, "typical_volume": 466174.75, "trend": 2.871725, "fair_value": 9.266543, "relative_strength": -76.213362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.273601, "energy": 89.301706, "activity_lines": [ 1.1743, 1.602264, 2.146813, 2.461125 ] }, { "date": "2024-04-26", "close": 0.98, "volume": 458004, "typical_volume": 479060.05, "trend": 2.766892, "fair_value": 9.143018, "relative_strength": -77.300973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.156412, "energy": 86.789436, "activity_lines": [ 1.076333, 1.413318, 2.001686, 2.339078 ] }, { "date": "2024-05-03", "close": 1.0485, "volume": 177096, "typical_volume": 475759.8, "trend": 2.667675, "fair_value": 9.01945, "relative_strength": -75.620895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.099814, "energy": 78.199454, "activity_lines": [ 1.03915, 1.276282, 1.872701, 2.228215 ] }, { "date": "2024-05-10", "close": 0.9075, "volume": 233458, "typical_volume": 467041.95, "trend": 2.591258, "fair_value": 8.905075, "relative_strength": -78.838581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.556896, "energy": 72.142958, "activity_lines": [ 0.982267, 1.149545, 1.739581, 2.114655 ] }, { "date": "2024-05-17", "close": 1.03525, "volume": 263083, "typical_volume": 457553.2, "trend": 2.503267, "fair_value": 8.788543, "relative_strength": -75.888052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.533213, "energy": 61.910558, "activity_lines": [ 0.994133, 1.085445, 1.630854, 2.014267 ] }, { "date": "2024-05-24", "close": 1.0495, "volume": 249839, "typical_volume": 452656.35, "trend": 2.41325, "fair_value": 8.667867, "relative_strength": -75.378177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.227294, "energy": 58.247288, "activity_lines": [ 1.012533, 1.052841, 1.534863, 1.920476 ] }, { "date": "2024-05-31", "close": 1.0865, "volume": 991352, "typical_volume": 496090.35, "trend": 2.319467, "fair_value": 8.544543, "relative_strength": -73.494332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.92162, "energy": 54.598026, "activity_lines": [ 1.039983, 1.043291, 1.451552, 1.834879 ] }, { "date": "2024-06-07", "close": 0.97475, "volume": 309913, "typical_volume": 486236.9, "trend": 2.242792, "fair_value": 8.375984, "relative_strength": -76.094941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.587629, "energy": 51.937393, "activity_lines": [ 1.023083, 1.021836, 1.365461, 1.748123 ] }, { "date": "2024-06-14", "close": 0.9175, "volume": 172555, "typical_volume": 468534.6, "trend": 2.164208, "fair_value": 8.213596, "relative_strength": -77.40036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.321302, "energy": 59.99282, "activity_lines": [ 0.992017, 0.998759, 1.281537, 1.66262 ] }, { "date": "2024-06-21", "close": 0.87475, "volume": 199460, "typical_volume": 471621.05, "trend": 2.0792, "fair_value": 8.06055, "relative_strength": -77.65492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.063915, "energy": 75.476689, "activity_lines": [ 0.946033, 0.974864, 1.20322, 1.57943 ] }, { "date": "2024-06-28", "close": 0.9945, "volume": 302772, "typical_volume": 473220.45, "trend": 1.998183, "fair_value": 7.913218, "relative_strength": -73.63866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.057431, "energy": 78.234841, "activity_lines": [ 0.950667, 0.976145, 1.145238, 1.509449 ] }, { "date": "2024-07-05", "close": 1.0745, "volume": 585872, "typical_volume": 492281.35, "trend": 1.934, "fair_value": 7.776857, "relative_strength": -71.489454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.883557, "energy": 66.751305, "activity_lines": [ 0.985633, 0.992077, 1.104425, 1.449856 ] }, { "date": "2024-07-12", "close": 2.08225, "volume": 2819742, "typical_volume": 613576.25, "trend": 1.903408, "fair_value": 7.641167, "relative_strength": -43.102124, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 8.47486, "energy": 19.323084, "activity_lines": [ 1.357317, 1.189518, 1.169471, 1.459421 ] }, { "date": "2024-07-19", "close": 2.1255, "volume": 1157764, "typical_volume": 655301.7, "trend": 1.858425, "fair_value": 7.527388, "relative_strength": -38.056665, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 27.116854, "energy": 43.75444, "activity_lines": [ 1.669583, 1.376027, 1.243126, 1.473749 ] }, { "date": "2024-07-26", "close": 1.9375, "volume": 482795, "typical_volume": 658406.7, "trend": 1.808842, "fair_value": 7.435, "relative_strength": -40.592804, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.921709, "energy": 51.552369, "activity_lines": [ 1.83865, 1.506209, 1.303398, 1.478851 ] }, { "date": "2024-08-02", "close": 1.8825, "volume": 443952, "typical_volume": 650659.2, "trend": 1.772517, "fair_value": 7.359087, "relative_strength": -38.741604, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.081849, "energy": 50.180371, "activity_lines": [ 1.918533, 1.609986, 1.361705, 1.483603 ] }, { "date": "2024-08-09", "close": 1.92975, "volume": 412939, "typical_volume": 641821.05, "trend": 1.745592, "fair_value": 7.279005, "relative_strength": -35.535936, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.820301, "energy": 60.788, "activity_lines": [ 1.954967, 1.707209, 1.424821, 1.493747 ] }, { "date": "2024-08-16", "close": 1.8475, "volume": 208639, "typical_volume": 599426.3, "trend": 1.721342, "fair_value": 7.206367, "relative_strength": -39.160067, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.832069, "energy": 35.336651, "activity_lines": [ 1.906967, 1.774145, 1.478293, 1.500322 ] }, { "date": "2024-08-23", "close": 1.6325, "volume": 276240, "typical_volume": 540389.5, "trend": 1.677425, "fair_value": 7.131736, "relative_strength": -44.812827, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.238936, "energy": 26.654714, "activity_lines": [ 1.80295, 1.786123, 1.509433, 1.49459 ] }, { "date": "2024-08-30", "close": 1.6, "volume": 226110, "typical_volume": 533217.75, "trend": 1.639092, "fair_value": 7.047441, "relative_strength": -43.639997, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 12.881348, "energy": 15.224588, "activity_lines": [ 1.720967, 1.779191, 1.535895, 1.489595 ] }, { "date": "2024-09-06", "close": 1.45, "volume": 89276, "typical_volume": 503043.05, "trend": 1.587425, "fair_value": 6.955774, "relative_strength": -44.075526, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 2.024832, "energy": 11.828473, "activity_lines": [ 1.611483, 1.7318, 1.54551, 1.477396 ] }, { "date": "2024-09-13", "close": 1.7445, "volume": 265258, "typical_volume": 493405.75, "trend": 1.540575, "fair_value": 6.852988, "relative_strength": -34.44647, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 5.310845, "energy": 12.457502, "activity_lines": [ 1.629, 1.729673, 1.58103, 1.48753 ] }, { "date": "2024-09-20", "close": 1.9375, "volume": 556845, "typical_volume": 512393.2, "trend": 1.504325, "fair_value": 6.751947, "relative_strength": -26.495589, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.027852, "energy": 22.463945, "activity_lines": [ 1.7232, 1.750455, 1.63129, 1.513138 ] }, { "date": "2024-09-27", "close": 2.1625, "volume": 699942, "typical_volume": 535717.4, "trend": 1.473908, "fair_value": 6.651065, "relative_strength": -16.706638, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.960351, "energy": 38.02746, "activity_lines": [ 1.8864, 1.814777, 1.698746, 1.555601 ] }, { "date": "2024-10-04", "close": 1.975, "volume": 498339, "typical_volume": 547480.2, "trend": 1.452242, "fair_value": 6.55395, "relative_strength": -22.033201, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.888616, "energy": 44.968302, "activity_lines": [ 1.951767, 1.844336, 1.742369, 1.587929 ] }, { "date": "2024-10-11", "close": 2.84, "volume": 966017, "typical_volume": 583289.1, "trend": 1.481992, "fair_value": 6.464072, "relative_strength": 12.0114, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.073537, "energy": 79.107906, "activity_lines": [ 2.280467, 2.030486, 1.863898, 1.677462 ] }, { "date": "2024-10-18", "close": 4.63, "volume": 1140016, "typical_volume": 590722.3, "trend": 1.584683, "fair_value": 6.38654, "relative_strength": 82.933475, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.365117, "energy": 95.585154, "activity_lines": [ 3.113167, 2.524682, 2.147376, 1.880559 ] }, { "date": "2024-10-25", "close": 5.36, "volume": 1079946, "typical_volume": 629223.95, "trend": 1.71475, "fair_value": 6.29029, "relative_strength": 111.502391, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.340071, "energy": 98.405436, "activity_lines": [ 3.996833, 3.102509, 2.483505, 2.124128 ] }, { "date": "2024-11-01", "close": 5.19, "volume": 540596, "typical_volume": 647626.0, "trend": 1.844417, "fair_value": 6.197598, "relative_strength": 108.133631, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.664116, "energy": 95.44696, "activity_lines": [ 4.595667, 3.585564, 2.782561, 2.348338 ] }, { "date": "2024-11-08", "close": 5.95, "volume": 801588, "typical_volume": 677732.4, "trend": 2.00735, "fair_value": 6.108014, "relative_strength": 123.810868, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.006924, "energy": 96.004623, "activity_lines": [ 5.246, 4.142118, 3.133652, 2.613214 ] }, { "date": "2024-11-15", "close": 6.49, "volume": 772035, "typical_volume": 701195.55, "trend": 2.190342, "fair_value": 6.022694, "relative_strength": 148.574797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.67894, "energy": 95.425262, "activity_lines": [ 5.811333, 4.717764, 3.512005, 2.902417 ] }, { "date": "2024-11-22", "close": 6.94, "volume": 628925, "typical_volume": 703348.2, "trend": 2.389008, "fair_value": 5.952918, "relative_strength": 156.399907, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.37234, "energy": 93.614234, "activity_lines": [ 6.283333, 5.283591, 3.907045, 3.208847 ] }, { "date": "2024-11-29", "close": 6.92, "volume": 318757, "typical_volume": 578298.95, "trend": 2.584725, "fair_value": 5.889905, "relative_strength": 149.438234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.168593, "energy": 79.882086, "activity_lines": [ 6.594667, 5.751318, 4.27225, 3.501169 ] }, { "date": "2024-12-06", "close": 6.84, "volume": 400833, "typical_volume": 540452.4, "trend": 2.782475, "fair_value": 5.822053, "relative_strength": 134.335018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.080963, "energy": 68.863443, "activity_lines": [ 6.775333, 6.113909, 4.606799, 3.775703 ] }, { "date": "2024-12-13", "close": 7.04, "volume": 550111, "typical_volume": 543818.2, "trend": 2.982633, "fair_value": 5.74372, "relative_strength": 134.611238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.067557, "energy": 68.360155, "activity_lines": [ 6.912667, 6.427818, 4.937945, 4.050382 ] }, { "date": "2024-12-20", "close": 7.2, "volume": 549585, "typical_volume": 549099.85, "trend": 3.18765, "fair_value": 5.646444, "relative_strength": 141.064858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.163264, "energy": 67.005448, "activity_lines": [ 7.030667, 6.678727, 5.260032, 4.32247 ] }, { "date": "2024-12-27", "close": 6.85, "volume": 242888, "typical_volume": 540597.3, "trend": 3.379767, "fair_value": 5.516796, "relative_strength": 123.768715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.753529, "energy": 62.574789, "activity_lines": [ 6.984667, 6.786727, 5.523464, 4.558751 ] }, { "date": "2025-01-03", "close": 6.93, "volume": 248747, "typical_volume": 542602.7, "trend": 3.578275, "fair_value": 5.416348, "relative_strength": 123.837405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.112811, "energy": 56.99327, "activity_lines": [ 6.971333, 6.868909, 5.771086, 4.787798 ] }, { "date": "2025-01-10", "close": 6.79, "volume": 199691, "typical_volume": 538775.25, "trend": 3.774025, "fair_value": 5.316123, "relative_strength": 119.528367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.323321, "energy": 51.905496, "activity_lines": [ 6.910667, 6.897091, 5.981171, 4.995006 ] }, { "date": "2025-01-17", "close": 7.0, "volume": 302553, "typical_volume": 542597.4, "trend": 3.9782, "fair_value": 5.246091, "relative_strength": 115.07795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.298192, "energy": 47.999747, "activity_lines": [ 6.923333, 6.934364, 6.186698, 5.203133 ] }, { "date": "2025-01-24", "close": 6.52, "volume": 333694, "typical_volume": 554818.3, "trend": 4.162383, "fair_value": 5.20279, "relative_strength": 94.167778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.59143, "energy": 42.814369, "activity_lines": [ 6.778667, 6.865273, 6.320795, 5.36712 ] }, { "date": "2025-01-31", "close": 7.4, "volume": 1133882, "typical_volume": 598249.5, "trend": 4.373233, "fair_value": 5.148859, "relative_strength": 118.358211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.661568, "energy": 48.130061, "activity_lines": [ 6.972667, 6.955636, 6.51456, 5.575999 ] }, { "date": "2025-02-07", "close": 6.48, "volume": 358253, "typical_volume": 588319.9, "trend": 4.519825, "fair_value": 5.081439, "relative_strength": 87.924497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.643236, "energy": 36.035261, "activity_lines": [ 6.823333, 6.870364, 6.593774, 5.711919 ] }, { "date": "2025-02-14", "close": 6.75, "volume": 431142, "typical_volume": 574879.9, "trend": 4.673975, "fair_value": 5.024228, "relative_strength": 87.38194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.582805, "energy": 32.204873, "activity_lines": [ 6.794, 6.842182, 6.677071, 5.855802 ] }, { "date": "2025-02-21", "close": 7.38, "volume": 794805, "typical_volume": 589703.2, "trend": 4.855392, "fair_value": 4.973939, "relative_strength": 105.40424, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.570691, "energy": 42.696681, "activity_lines": [ 6.977333, 6.930182, 6.798524, 6.030384 ] }, { "date": "2025-02-28", "close": 7.59, "volume": 1077821, "typical_volume": 595293.4, "trend": 5.045642, "fair_value": 4.933651, "relative_strength": 113.879805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.69584, "energy": 41.990201, "activity_lines": [ 7.205333, 7.050182, 6.914238, 6.20681 ] }, { "date": "2025-03-07", "close": 6.94, "volume": 549328, "typical_volume": 565759.0, "trend": 5.21265, "fair_value": 4.884308, "relative_strength": 97.669389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.908611, "energy": 36.880729, "activity_lines": [ 7.145333, 7.044909, 6.945429, 6.329027 ] }, { "date": "2025-03-14", "close": 6.75, "volume": 1107823, "typical_volume": 567152.85, "trend": 5.376067, "fair_value": 4.834628, "relative_strength": 92.171984, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.007731, "energy": 32.044039, "activity_lines": [ 7.052667, 7.003455, 6.947524, 6.428211 ] }, { "date": "2025-03-21", "close": 7.33, "volume": 333795, "typical_volume": 556812.8, "trend": 5.565983, "fair_value": 4.776167, "relative_strength": 101.937279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.801461, "energy": 31.393975, "activity_lines": [ 7.135333, 7.070727, 6.998238, 6.554271 ] }, { "date": "2025-03-28", "close": 7.31, "volume": 579187, "typical_volume": 545692.75, "trend": 5.756317, "fair_value": 4.720942, "relative_strength": 99.947741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.692275, "energy": 26.938318, "activity_lines": [ 7.172667, 7.124545, 7.036857, 6.666788 ] }, { "date": "2025-04-04", "close": 6.85, "volume": 482132, "typical_volume": 531197.6, "trend": 5.936317, "fair_value": 4.674628, "relative_strength": 101.303632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.746316, "energy": 18.577604, "activity_lines": [ 7.061333, 7.089091, 7.02519, 6.737348 ] }, { "date": "2025-04-11", "close": 8.0, "volume": 548365, "typical_volume": 527169.6, "trend": 6.144833, "fair_value": 4.634885, "relative_strength": 111.036489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.029479, "energy": 33.065462, "activity_lines": [ 7.382667, 7.256727, 7.121333, 6.870489 ] }, { "date": "2025-04-18", "close": 7.735, "volume": 276093, "typical_volume": 525036.4, "trend": 6.338083, "fair_value": 4.602096, "relative_strength": 101.804929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.086055, "energy": 32.174354, "activity_lines": [ 7.545, 7.365273, 7.18719, 6.973081 ] }, { "date": "2025-04-25", "close": 7.33, "volume": 811319, "typical_volume": 545560.7, "trend": 6.510333, "fair_value": 4.570558, "relative_strength": 74.577322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.457875, "energy": 27.938186, "activity_lines": [ 7.506667, 7.377364, 7.210595, 7.037075 ] }, { "date": "2025-05-02", "close": 7.66, "volume": 518325, "typical_volume": 543971.4, "trend": 6.699833, "fair_value": 4.553955, "relative_strength": 71.448704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.473338, "energy": 34.836363, "activity_lines": [ 7.578333, 7.438909, 7.263095, 7.111247 ] }, { "date": "2025-05-09", "close": 8.65, "volume": 990482, "typical_volume": 566016.25, "trend": 6.8935, "fair_value": 4.535205, "relative_strength": 87.761301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.819621, "energy": 46.253352, "activity_lines": [ 7.956667, 7.675364, 7.406929, 7.237065 ] }, { "date": "2025-05-16", "close": 9.33, "volume": 1557490, "typical_volume": 631746.35, "trend": 7.050167, "fair_value": 4.529468, "relative_strength": 83.66632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.872066, "energy": 59.383128, "activity_lines": [ 8.441667, 8.016182, 7.608619, 7.394258 ] }, { "date": "2025-05-23", "close": 9.0, "volume": 710970, "typical_volume": 654857.5, "trend": 7.1715, "fair_value": 4.522096, "relative_strength": 76.096173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.870048, "energy": 65.201224, "activity_lines": [ 8.728, 8.253545, 7.767071, 7.520054 ] }, { "date": "2025-05-30", "close": 9.43, "volume": 432949, "typical_volume": 666520.4, "trend": 7.312833, "fair_value": 4.519083, "relative_strength": 75.702199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.646089, "energy": 71.812546, "activity_lines": [ 9.073333, 8.528182, 7.956619, 7.665763 ] }, { "date": "2025-06-06", "close": 8.98, "volume": 829032, "typical_volume": 692844.35, "trend": 7.413833, "fair_value": 4.525526, "relative_strength": 59.505354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.899576, "energy": 64.740756, "activity_lines": [ 9.128667, 8.682818, 8.090738, 7.773323 ] }, { "date": "2025-06-13", "close": 9.13, "volume": 650863, "typical_volume": 708702.8, "trend": 7.501833, "fair_value": 4.536119, "relative_strength": 58.658064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.088784, "energy": 52.93156, "activity_lines": [ 9.146, 8.834364, 8.229714, 7.884043 ] }, { "date": "2025-06-20", "close": 10.36, "volume": 2297200, "typical_volume": 766868.7, "trend": 7.615833, "fair_value": 4.552689, "relative_strength": 74.594296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.842209, "energy": 60.354989, "activity_lines": [ 9.541333, 9.168091, 8.473405, 8.068441 ] }, { "date": "2025-06-27", "close": 10.57, "volume": 1160679, "typical_volume": 806990.0, "trend": 7.7375, "fair_value": 4.572048, "relative_strength": 66.159889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.673474, "energy": 60.709605, "activity_lines": [ 9.938, 9.497091, 8.723, 8.259032 ] }, { "date": "2025-07-04", "close": 9.88, "volume": 782862, "typical_volume": 824576.0, "trend": 7.838833, "fair_value": 4.592913, "relative_strength": 49.190432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.488161, "energy": 53.914813, "activity_lines": [ 10.0, 9.649091, 8.887405, 8.397258 ] }, { "date": "2025-07-11", "close": 11.42, "volume": 1562719, "typical_volume": 862971.7, "trend": 7.984833, "fair_value": 4.619324, "relative_strength": 68.613775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.258769, "energy": 72.811468, "activity_lines": [ 10.545333, 10.034727, 9.183571, 8.628301 ] }, { "date": "2025-07-18", "close": 11.39, "volume": 1826125, "typical_volume": 900386.9, "trend": 8.1245, "fair_value": 4.645862, "relative_strength": 62.027966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.899868, "energy": 69.178683, "activity_lines": [ 10.918, 10.346545, 9.457643, 8.847989 ] }, { "date": "2025-07-25", "close": 10.45, "volume": 1193483, "typical_volume": 932594.65, "trend": 8.2445, "fair_value": 4.667978, "relative_strength": 44.162225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.949284, "energy": 49.251466, "activity_lines": [ 10.826667, 10.437636, 9.624095, 8.998022 ] }, { "date": "2025-08-01", "close": 10.08, "volume": 1067809, "typical_volume": 930593.95, "trend": 8.3495, "fair_value": 4.681952, "relative_strength": 39.268132, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.617986, "energy": 43.867487, "activity_lines": [ 10.606, 10.441091, 9.738595, 9.116441 ] }, { "date": "2025-08-08", "close": 9.45, "volume": 733600, "typical_volume": 950584.2, "trend": 8.438167, "fair_value": 4.683234, "relative_strength": 23.657593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.231387, "energy": 27.538023, "activity_lines": [ 10.208, 10.310364, 9.777238, 9.187441 ] }, { "date": "2025-08-15", "close": 9.41, "volume": 683491, "typical_volume": 955799.4, "trend": 8.5185, "fair_value": 4.687625, "relative_strength": 20.382981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.314367, "energy": 21.190626, "activity_lines": [ 9.825333, 10.172, 9.801976, 9.25014 ] }, { "date": "2025-08-22", "close": 9.26, "volume": 1036190, "typical_volume": 983502.3, "trend": 8.609833, "fair_value": 4.689548, "relative_strength": 17.446027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.785804, "energy": 20.83393, "activity_lines": [ 9.526667, 9.998545, 9.802429, 9.297978 ] }, { "date": "2025-08-29", "close": 8.87, "volume": 1017087, "typical_volume": 1006938.4, "trend": 8.658833, "fair_value": 4.689997, "relative_strength": 10.925589, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.214304, "energy": 14.668798, "activity_lines": [ 9.24, 9.751818, 9.754262, 9.314763 ] }, { "date": "2025-09-05", "close": 8.54, "volume": 1258283, "typical_volume": 1056047.9, "trend": 8.7275, "fair_value": 4.69458, "relative_strength": 4.096464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.2624, "energy": 16.59107, "activity_lines": [ 8.948667, 9.472182, 9.670524, 9.307097 ] }, { "date": "2025-09-12", "close": 8.32, "volume": 1559018, "typical_volume": 1093432.85, "trend": 8.779833, "fair_value": 4.699997, "relative_strength": -1.808663, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.862869, "energy": 26.295342, "activity_lines": [ 8.686667, 9.189455, 9.562, 9.280806 ] }, { "date": "2025-09-19", "close": 8.66, "volume": 3330810, "typical_volume": 1234057.1, "trend": 8.8225, "fair_value": 4.718649, "relative_strength": -1.327727, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.658963, "energy": 31.345689, "activity_lines": [ 8.613333, 8.996909, 9.481143, 9.273075 ] }, { "date": "2025-09-26", "close": 8.18, "volume": 2139486, "typical_volume": 1291507.3, "trend": 8.842167, "fair_value": 4.741918, "relative_strength": -7.499638, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.021021, "energy": 40.517872, "activity_lines": [ 8.43, 8.767273, 9.34981, 9.231624 ] }, { "date": "2025-10-03", "close": 7.85, "volume": 1986323, "typical_volume": 1312948.95, "trend": 8.8725, "fair_value": 4.764034, "relative_strength": -13.296969, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.535192, "energy": 40.507368, "activity_lines": [ 8.208667, 8.536, 9.189286, 9.167613 ] }, { "date": "2025-10-10", "close": 6.98, "volume": 1680555, "typical_volume": 1361428.2, "trend": 8.880167, "fair_value": 4.77897, "relative_strength": -21.724112, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.917678, "energy": 58.443685, "activity_lines": [ 7.765333, 8.193818, 8.952952, 9.045516 ] }, { "date": "2025-10-17", "close": 6.59, "volume": 3182819, "typical_volume": 1498921.7, "trend": 8.8555, "fair_value": 4.797014, "relative_strength": -28.000632, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.715743, "energy": 68.720228, "activity_lines": [ 7.296, 7.837091, 8.689095, 8.897763 ] }, { "date": "2025-10-24", "close": 7.43, "volume": 1822217, "typical_volume": 1548580.95, "trend": 8.8595, "fair_value": 4.822756, "relative_strength": -20.672514, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.081905, "energy": 72.751391, "activity_lines": [ 7.222, 7.685091, 8.518762, 8.805796 ] }, { "date": "2025-10-31", "close": 7.42, "volume": 1582918, "typical_volume": 1595183.7, "trend": 8.8785, "fair_value": 4.85125, "relative_strength": -22.393953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.719466, "energy": 70.885752, "activity_lines": [ 7.226667, 7.567273, 8.354857, 8.712925 ] }, { "date": "2025-11-07", "close": 5.72, "volume": 2452744, "typical_volume": 1602960.9, "trend": 8.8025, "fair_value": 4.869968, "relative_strength": -38.101237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.643198, "energy": 77.073676, "activity_lines": [ 6.715333, 7.173818, 8.03719, 8.509151 ] }, { "date": "2025-11-14", "close": 5.23, "volume": 1322293, "typical_volume": 1611041.6, "trend": 8.719, "fair_value": 4.887628, "relative_strength": -42.99286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.704635, "energy": 78.621661, "activity_lines": [ 6.182667, 6.748545, 7.694952, 8.278667 ] }, { "date": "2025-11-21", "close": 5.34, "volume": 2020353, "typical_volume": 1672916.15, "trend": 8.652667, "fair_value": 4.905192, "relative_strength": -39.57447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.633098, "energy": 81.830707, "activity_lines": [ 5.803333, 6.403455, 7.388619, 8.060667 ] }, { "date": "2025-11-28", "close": 6.99, "volume": 2574200, "typical_volume": 1723490.2, "trend": 8.630333, "fair_value": 4.925801, "relative_strength": -24.401706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.180137, "energy": 62.503814, "activity_lines": [ 6.057333, 6.412545, 7.261048, 7.953398 ] }, { "date": "2025-12-05", "close": 6.47, "volume": 2851557, "typical_volume": 1774761.8, "trend": 8.557667, "fair_value": 4.940032, "relative_strength": -30.479294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.074144, "energy": 49.992167, "activity_lines": [ 6.167333, 6.357455, 7.105048, 7.814022 ] }, { "date": "2025-12-12", "close": 5.93, "volume": 2187588, "typical_volume": 1824467.05, "trend": 8.444333, "fair_value": 4.953846, "relative_strength": -34.739996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.378383, "energy": 45.072014, "activity_lines": [ 6.160667, 6.235273, 6.921048, 7.644495 ] }, { "date": "2025-12-19", "close": 5.68, "volume": 2957357, "typical_volume": 1918944.45, "trend": 8.333667, "fair_value": 4.970865, "relative_strength": -37.452837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.420832, "energy": 41.509067, "activity_lines": [ 6.056667, 6.102545, 6.734762, 7.466151 ] }, { "date": "2025-12-26", "close": 6.4, "volume": 1255338, "typical_volume": 1945031.35, "trend": 8.232667, "fair_value": 4.991538, "relative_strength": -30.120325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.846702, "energy": 34.651175, "activity_lines": [ 6.162667, 6.124364, 6.638, 7.341398 ] }, { "date": "2026-01-02", "close": 6.83, "volume": 1709513, "typical_volume": 1996332.45, "trend": 8.161, "fair_value": 5.014168, "relative_strength": -23.886911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.871086, "energy": 29.734497, "activity_lines": [ 6.341333, 6.227818, 6.596714, 7.250903 ] }, { "date": "2026-01-09", "close": 7.7, "volume": 4408260, "typical_volume": 2164935.95, "trend": 8.113333, "fair_value": 5.037566, "relative_strength": -15.915432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.122549, "energy": 14.73113, "activity_lines": [ 6.820667, 6.500364, 6.650571, 7.221161 ] }, { "date": "2026-01-16", "close": 7.35, "volume": 2272490, "typical_volume": 2227706.1, "trend": 8.013, "fair_value": 5.047341, "relative_strength": -18.864599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.754268, "energy": 15.633988, "activity_lines": [ 7.101333, 6.704182, 6.678524, 7.171914 ] }, { "date": "2026-01-23", "close": 7.43, "volume": 1527678, "typical_volume": 2241175.85, "trend": 7.908333, "fair_value": 5.063736, "relative_strength": -18.126204, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.798264, "energy": 17.354144, "activity_lines": [ 7.314, 6.892909, 6.721333, 7.134301 ] }, { "date": "2026-01-30", "close": 6.79, "volume": 1989418, "typical_volume": 2262695.85, "trend": 7.805333, "fair_value": 5.078255, "relative_strength": -24.746554, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.093406, "energy": 14.999399, "activity_lines": [ 7.196667, 6.925273, 6.708476, 7.062151 ] }, { "date": "2026-02-06", "close": 6.35, "volume": 2859459, "typical_volume": 2239128.3, "trend": 7.636333, "fair_value": 5.093319, "relative_strength": -28.017946, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.32782, "energy": 10.880379, "activity_lines": [ 6.906667, 6.851273, 6.661, 6.968258 ] }, { "date": "2026-02-13", "close": 6.05, "volume": 3223112, "typical_volume": 2293309.6, "trend": 7.458333, "fair_value": 5.104537, "relative_strength": -30.301293, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.437685, "energy": 22.739619, "activity_lines": [ 6.548667, 6.734364, 6.595952, 6.865914 ] }, { "date": "2026-02-20", "close": 5.52, "volume": 1281057, "typical_volume": 2258046.3, "trend": 7.294, "fair_value": 5.114332, "relative_strength": -36.702089, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.841628, "energy": 38.246825, "activity_lines": [ 6.124, 6.528727, 6.490571, 6.74086 ] }, { "date": "2026-02-27", "close": 5.23, "volume": 1847874, "typical_volume": 2266412.25, "trend": 7.132333, "fair_value": 5.122216, "relative_strength": -39.356446, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.406061, "energy": 64.047606, "activity_lines": [ 5.724667, 6.277818, 6.368667, 6.607699 ] }, { "date": "2026-03-06", "close": 5.43, "volume": 1182808, "typical_volume": 2166411.7, "trend": 6.998333, "fair_value": 5.132505, "relative_strength": -35.79994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.312896, "energy": 67.522849, "activity_lines": [ 5.538667, 6.071455, 6.274143, 6.497871 ] }, { "date": "2026-03-13", "close": 5.32, "volume": 1481817, "typical_volume": 2149391.7, "trend": 6.862, "fair_value": 5.146736, "relative_strength": -36.009431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.17607, "energy": 69.264952, "activity_lines": [ 5.406667, 5.862727, 6.174667, 6.389591 ] }, { "date": "2026-03-20", "close": 5.75, "volume": 2802426, "typical_volume": 2210367.1, "trend": 6.745, "fair_value": 5.166202, "relative_strength": -28.92055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.288709, "energy": 55.222594, "activity_lines": [ 5.486667, 5.759636, 6.12619, 6.317849 ] }, { "date": "2026-03-27", "close": 6.59, "volume": 2172652, "typical_volume": 2196362.5, "trend": 6.669, "fair_value": 5.187772, "relative_strength": -15.358963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.509078, "energy": 21.77896, "activity_lines": [ 5.866667, 5.844727, 6.165667, 6.307849 ] }, { "date": "2026-04-03", "close": 7.48, "volume": 1603600, "typical_volume": 2210427.85, "trend": 6.633667, "fair_value": 5.214087, "relative_strength": -7.155482, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.522789, "energy": 11.333279, "activity_lines": [ 6.472, 6.105455, 6.285762, 6.360172 ] }, { "date": "2026-04-10", "close": 7.96, "volume": 2422053, "typical_volume": 2230512.85, "trend": 6.621667, "fair_value": 5.243638, "relative_strength": -4.795976, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.012187, "energy": 33.647729, "activity_lines": [ 7.087333, 6.452545, 6.440857, 6.445742 ] }, { "date": "2026-04-17", "close": 8.3, "volume": 2113854, "typical_volume": 2207495.55, "trend": 6.609667, "fair_value": 5.277933, "relative_strength": -5.886718, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.212323, "energy": 55.929246, "activity_lines": [ 7.647333, 6.840182, 6.615857, 6.554022 ] }, { "date": "2026-04-24", "close": 7.59, "volume": 1349054, "typical_volume": 2132370.4, "trend": 6.59, "fair_value": 5.308649, "relative_strength": -15.296882, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.803083, "energy": 70.625787, "activity_lines": [ 7.772, 7.063273, 6.717, 6.617269 ] }, { "date": "2026-05-01", "close": 7.41, "volume": 1695843, "typical_volume": 2107783.15, "trend": 6.575333, "fair_value": 5.336117, "relative_strength": -18.012147, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.985473, "energy": 68.099565, "activity_lines": [ 7.714, 7.225636, 6.795667, 6.670172 ] }, { "date": "2026-05-08", "close": 7.14, "volume": 2133720, "typical_volume": 2066601.3, "trend": 6.580667, "fair_value": 5.358809, "relative_strength": -24.276098, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.039256, "energy": 47.584744, "activity_lines": [ 7.511333, 7.304545, 6.841571, 6.706602 ] }, { "date": "2026-05-15", "close": 5.88, "volume": 6726742, "typical_volume": 2340171.5, "trend": 6.557, "fair_value": 5.369627, "relative_strength": -36.547477, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.842627, "energy": 11.016487, "activity_lines": [ 6.911333, 7.119636, 6.760524, 6.661398 ] }, { "date": "2026-05-22", "close": 6.33, "volume": 1966946, "typical_volume": 2353043.15, "trend": 6.520333, "fair_value": 5.382481, "relative_strength": -31.613949, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.865035, "energy": 17.533105, "activity_lines": [ 6.6, 7.008364, 6.72481, 6.646753 ] }, { "date": "2026-05-29", "close": 7.03, "volume": 1265933, "typical_volume": 2195926.8, "trend": 6.507333, "fair_value": 5.397096, "relative_strength": -25.216939, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.867935, "energy": 19.770393, "activity_lines": [ 6.653333, 7.006, 6.758143, 6.679634 ] }, { "date": "2026-06-05", "close": 6.42, "volume": 1764792, "typical_volume": 2170541.9, "trend": 6.530667, "fair_value": 5.399788, "relative_strength": -27.621311, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.124165, "energy": 18.222289, "activity_lines": [ 6.540667, 6.869455, 6.736571, 6.674 ] }, { "date": "2026-06-12", "close": 6.07, "volume": 1631288, "typical_volume": 2175722.4, "trend": 6.558667, "fair_value": 5.393346, "relative_strength": -32.181238, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.729894, "energy": 14.64439, "activity_lines": [ 6.377333, 6.672364, 6.686095, 6.64428 ] }, { "date": "2026-06-19", "close": 5.72, "volume": 1048325, "typical_volume": 2128667.75, "trend": 6.571333, "fair_value": 5.387385, "relative_strength": -36.574366, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.769373, "energy": 19.489419, "activity_lines": [ 6.168667, 6.437273, 6.608762, 6.590172 ] }, { "date": "2026-06-26", "close": 5.31, "volume": 2014501, "typical_volume": 2086419.85, "trend": 6.515333, "fair_value": 5.380878, "relative_strength": -37.173235, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.221317, "energy": 53.155891, "activity_lines": [ 5.834, 6.168364, 6.497476, 6.508796 ] }, { "date": "2026-07-03", "close": 6.26, "volume": 1500414, "typical_volume": 2000284.95, "trend": 6.508333, "fair_value": 5.382224, "relative_strength": -25.481637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.87108, "energy": 45.67126, "activity_lines": [ 5.884, 6.126545, 6.481619, 6.492323 ] }, { "date": "2026-07-10", "close": 5.64, "volume": 997310, "typical_volume": 1986097.6, "trend": 6.498667, "fair_value": 5.383122, "relative_strength": -32.63827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.139853, "energy": 50.06337, "activity_lines": [ 5.778667, 5.996182, 6.405714, 6.436301 ] }, { "date": "2026-07-17", "close": 5.51, "volume": 841258, "typical_volume": 1935766.8, "trend": 6.493, "fair_value": 5.38591, "relative_strength": -29.880524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.353452, "energy": 48.546918, "activity_lines": [ 5.682, 5.874364, 6.316857, 6.372516 ] }, { "date": "2026-07-24", "close": 5.59, "volume": 842613, "typical_volume": 1918757.05, "trend": 6.466, "fair_value": 5.389212, "relative_strength": -26.412493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.196014, "energy": 34.690746, "activity_lines": [ 5.649333, 5.796727, 6.234286, 6.314258 ] }, { "date": "2026-07-31", "close": 6.15, "volume": 887814, "typical_volume": 1889056.9, "trend": 6.443333, "fair_value": 5.3945, "relative_strength": -18.160864, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.489766, "energy": 28.638451, "activity_lines": [ 5.812, 5.826182, 6.204286, 6.293871 ] }, { "date": "2026-08-07", "close": 6.22, "volume": 1134013, "typical_volume": 1805636.25, "trend": 6.394, "fair_value": 5.399917, "relative_strength": -20.12895, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.947745, "energy": 19.682615, "activity_lines": [ 5.942, 5.871636, 6.177, 6.279462 ] } ], "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." } } }