{ "ticker": { "uuid": "57836928-7dab-4324-a9e7-8afb2cb83229", "symbol": "SONE", "name": "Sonetel AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -4.033, "architecture_energy": 12.993, "architecture_maturity": 94.658, "architecture_confidence": 56.287, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 54.47, "rotation_up": 42.13, "upward_expansion": 36.9, "deceleration": 37.46, "rotation_down": 16.02, "downward_expansion": 40.56 }, "activity_lines": [ 5.748, 5.651273, 5.634429, 5.697914 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 5.78, "trend_reference": 6.002, "distance_from_trend": -0.036988, "trend_direction": "Weakening", "fair_value": 5.729038, "distance_from_fair_value": 0.008895, "fair_value_direction": "Improving", "relative_strength": -27.384271, "relative_strength_direction": "Improving", "price_momentum": -0.224161, "excess_performance": -0.285655, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.036988, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.098889, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.008895, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.022514, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.273843, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.034501, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.224161, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.659167, "read": "Supply-led" } ], "volume": { "latest": 1682, "relative_activity": 0.281426, "balance": 0.659167, "dry_up": 0.594015, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.051903, "annualized_volatility": 0.523596, "from_high_reference": -0.474545, "from_low_reference": 0.219409 }, "levels": { "trend_reference": 6.002, "fair_value_reference": 5.729038, "structural_low": 4.74, "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": 30, "median_return": 0.010936, "positive_rate": 0.533333, "directional_follow_through": 0.433333, "median_excess_return": 0.005734, "regime_survival": 0.766667, "best_return": 0.218487, "worst_return": -0.248322, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.029308, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": -0.072909, "regime_survival": 0.666667, "best_return": 0.20911, "worst_return": -0.276923, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.052745, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.051449, "regime_survival": 0.75, "best_return": 1.081545, "worst_return": -0.252308, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.03946, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.045001, "regime_survival": 0.75, "best_return": 1.075, "worst_return": -0.167241, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-15", "end": "2024-03-29", "tenure": "New", "return": -0.073077, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-05", "end": "2024-06-14", "tenure": "Developing", "return": -0.068, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-08-23", "tenure": "Developing", "return": 0.041667, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2025-01-17", "tenure": "Established", "return": -0.179167, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-02-07", "tenure": "New", "return": 0.165, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": 0.008299, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.0625, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-05-30", "tenure": "Developing", "return": 0.134884, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-08-22", "tenure": "Developing", "return": 0.75, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-10-10", "tenure": "Developing", "return": 0.22093, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": -0.170984, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-12", "tenure": "Developing", "return": -0.159091, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": -0.054795, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-08-07", "tenure": "Extended", "return": -0.110769, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.25, "volume": 2550, "typical_volume": 8548.2, "trend": 6.601, "fair_value": 5.84391, "relative_strength": 4.022548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.620267, "energy": 26.405784, "activity_lines": [ 6.266667, 6.219091, 6.446905, 6.550129 ] }, { "date": "2023-08-25", "close": 6.25, "volume": 66, "typical_volume": 7628.35, "trend": 6.614667, "fair_value": 5.849359, "relative_strength": 3.635231, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.56651, "energy": 21.751262, "activity_lines": [ 6.283333, 6.227273, 6.405714, 6.527484 ] }, { "date": "2023-09-01", "close": 6.25, "volume": 1378, "typical_volume": 7156.35, "trend": 6.609667, "fair_value": 5.855769, "relative_strength": 1.729132, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.440835, "energy": 21.565245, "activity_lines": [ 6.283333, 6.236364, 6.367143, 6.503957 ] }, { "date": "2023-09-08", "close": 6.25, "volume": 5231, "typical_volume": 7252.85, "trend": 6.597333, "fair_value": 5.861218, "relative_strength": 1.932891, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.783719, "energy": 23.968894, "activity_lines": [ 6.266667, 6.244545, 6.332619, 6.480753 ] }, { "date": "2023-09-15", "close": 6.05, "volume": 46, "typical_volume": 6721.55, "trend": 6.577667, "fair_value": 5.866346, "relative_strength": -2.302674, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.350209, "energy": 36.271883, "activity_lines": [ 6.183333, 6.213636, 6.283571, 6.445441 ] }, { "date": "2023-09-22", "close": 5.8, "volume": 3525, "typical_volume": 6691.75, "trend": 6.557667, "fair_value": 5.871474, "relative_strength": -5.080951, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.927246, "energy": 55.534379, "activity_lines": [ 6.046667, 6.14, 6.216905, 6.395269 ] }, { "date": "2023-09-29", "close": 5.45, "volume": 1233, "typical_volume": 6407.25, "trend": 6.512667, "fair_value": 5.873397, "relative_strength": -10.250798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.69857, "energy": 76.504929, "activity_lines": [ 5.823333, 6.010909, 6.12619, 6.323806 ] }, { "date": "2023-10-06", "close": 5.05, "volume": 10102, "typical_volume": 6251.45, "trend": 6.459667, "fair_value": 5.871154, "relative_strength": -16.616715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.696326, "energy": 89.195034, "activity_lines": [ 5.52, 5.819091, 6.006905, 6.229441 ] }, { "date": "2023-10-13", "close": 4.72, "volume": 21443, "typical_volume": 6813.75, "trend": 6.400333, "fair_value": 5.866795, "relative_strength": -23.061165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.452989, "energy": 94.86749, "activity_lines": [ 5.186667, 5.584545, 5.867381, 6.117204 ] }, { "date": "2023-10-20", "close": 4.54, "volume": 897, "typical_volume": 5738.45, "trend": 6.342333, "fair_value": 5.861282, "relative_strength": -21.808987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.45807, "energy": 95.365678, "activity_lines": [ 4.895333, 5.345091, 5.723714, 5.997183 ] }, { "date": "2023-10-27", "close": 4.72, "volume": 127, "typical_volume": 5243.7, "trend": 6.291, "fair_value": 5.857564, "relative_strength": -17.516475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.251402, "energy": 89.553836, "activity_lines": [ 4.764667, 5.174, 5.606762, 5.892516 ] }, { "date": "2023-11-03", "close": 4.38, "volume": 5903, "typical_volume": 5171.1, "trend": 6.210333, "fair_value": 5.85359, "relative_strength": -26.003002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.196095, "energy": 92.905748, "activity_lines": [ 4.592667, 4.968909, 5.466143, 5.769226 ] }, { "date": "2023-11-10", "close": 4.7, "volume": 11279, "typical_volume": 5118.9, "trend": 6.130333, "fair_value": 5.853462, "relative_strength": -19.982214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.024662, "energy": 85.276145, "activity_lines": [ 4.598667, 4.856, 5.365143, 5.671785 ] }, { "date": "2023-11-17", "close": 4.68, "volume": 5376, "typical_volume": 5116.3, "trend": 6.046333, "fair_value": 5.853205, "relative_strength": -23.153559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.986806, "energy": 65.579734, "activity_lines": [ 4.621333, 4.767636, 5.269381, 5.578215 ] }, { "date": "2023-11-24", "close": 4.86, "volume": 12897, "typical_volume": 5517.05, "trend": 5.963333, "fair_value": 5.854744, "relative_strength": -21.092989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.979795, "energy": 60.199853, "activity_lines": [ 4.706667, 4.740545, 5.197524, 5.501677 ] }, { "date": "2023-12-01", "close": 4.7, "volume": 217, "typical_volume": 5495.0, "trend": 5.861667, "fair_value": 5.854744, "relative_strength": -24.211127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.846073, "energy": 49.588705, "activity_lines": [ 4.717333, 4.706, 5.11681, 5.420172 ] }, { "date": "2023-12-08", "close": 4.68, "volume": 7537, "typical_volume": 5729.1, "trend": 5.769333, "fair_value": 5.855256, "relative_strength": -26.311055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.987866, "energy": 50.708295, "activity_lines": [ 4.722667, 4.687818, 5.041571, 5.343935 ] }, { "date": "2023-12-15", "close": 4.62, "volume": 20624, "typical_volume": 6424.25, "trend": 5.676667, "fair_value": 5.856667, "relative_strength": -29.144822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.794996, "energy": 46.838174, "activity_lines": [ 4.688, 4.672727, 4.966905, 5.269785 ] }, { "date": "2023-12-22", "close": 4.8, "volume": 3398, "typical_volume": 6374.55, "trend": 5.588333, "fair_value": 5.858205, "relative_strength": -25.821381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.449339, "energy": 43.735135, "activity_lines": [ 4.718667, 4.698182, 4.915952, 5.213226 ] }, { "date": "2023-12-29", "close": 4.82, "volume": 83, "typical_volume": 5695.6, "trend": 5.530667, "fair_value": 5.859872, "relative_strength": -25.836763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.835089, "energy": 40.239037, "activity_lines": [ 4.748, 4.725818, 4.87381, 5.163656 ] }, { "date": "2024-01-05", "close": 4.74, "volume": 150, "typical_volume": 5575.6, "trend": 5.470333, "fair_value": 5.862308, "relative_strength": -24.945464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.158555, "energy": 39.276514, "activity_lines": [ 4.753333, 4.733818, 4.832048, 5.112645 ] }, { "date": "2024-01-12", "close": 5.2, "volume": 24509, "typical_volume": 6797.75, "trend": 5.433667, "fair_value": 5.861987, "relative_strength": -18.055805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.332527, "energy": 19.894588, "activity_lines": [ 4.909333, 4.825091, 4.841286, 5.095204 ] }, { "date": "2024-01-19", "close": 5.0, "volume": 3059, "typical_volume": 6881.8, "trend": 5.393667, "fair_value": 5.8575, "relative_strength": -18.828799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.996198, "energy": 19.500939, "activity_lines": [ 4.964, 4.865091, 4.836476, 5.067226 ] }, { "date": "2024-01-26", "close": 4.82, "volume": 8, "typical_volume": 6620.65, "trend": 5.351, "fair_value": 5.846731, "relative_strength": -23.79262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.855063, "energy": 17.411973, "activity_lines": [ 4.933333, 4.866909, 4.820476, 5.030215 ] }, { "date": "2024-02-02", "close": 4.7, "volume": 5625, "typical_volume": 6899.6, "trend": 5.301, "fair_value": 5.836154, "relative_strength": -25.186249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.965319, "energy": 19.538295, "activity_lines": [ 4.861333, 4.844364, 4.799857, 4.988215 ] }, { "date": "2024-02-09", "close": 4.86, "volume": 13561, "typical_volume": 7401.4, "trend": 5.254667, "fair_value": 5.822436, "relative_strength": -21.594934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.481428, "energy": 23.896982, "activity_lines": [ 4.850667, 4.853818, 4.800905, 4.959763 ] }, { "date": "2024-02-16", "close": 4.5, "volume": 17094, "typical_volume": 8194.45, "trend": 5.204667, "fair_value": 5.809295, "relative_strength": -28.540177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.860449, "energy": 40.877966, "activity_lines": [ 4.712, 4.794909, 4.772143, 4.911075 ] }, { "date": "2024-02-23", "close": 4.7, "volume": 28427, "typical_volume": 9110.7, "trend": 5.161333, "fair_value": 5.796154, "relative_strength": -25.646213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.6524, "energy": 33.716584, "activity_lines": [ 4.686667, 4.775636, 4.766952, 4.878516 ] }, { "date": "2024-03-01", "close": 5.35, "volume": 35437, "typical_volume": 9810.4, "trend": 5.131333, "fair_value": 5.785577, "relative_strength": -15.730987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.83712, "energy": 3.285119, "activity_lines": [ 4.898, 4.873091, 4.825333, 4.890688 ] }, { "date": "2024-03-08", "close": 5.8, "volume": 7784, "typical_volume": 10154.75, "trend": 5.108, "fair_value": 5.775321, "relative_strength": -9.132801, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.114165, "energy": 37.416292, "activity_lines": [ 5.224, 5.042364, 4.923571, 4.933828 ] }, { "date": "2024-03-15", "close": 5.2, "volume": 12815, "typical_volume": 10789.15, "trend": 5.073, "fair_value": 5.759936, "relative_strength": -19.368435, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.516713, "energy": 39.148393, "activity_lines": [ 5.276667, 5.084727, 4.958667, 4.939763 ] }, { "date": "2024-03-22", "close": 4.92, "volume": 6273, "typical_volume": 10807.65, "trend": 5.028667, "fair_value": 5.746923, "relative_strength": -23.112224, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.035017, "energy": 32.522695, "activity_lines": [ 5.213333, 5.067818, 4.96481, 4.929892 ] }, { "date": "2024-03-29", "close": 4.82, "volume": 2511, "typical_volume": 10369.25, "trend": 4.981, "fair_value": 5.736474, "relative_strength": -23.670468, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.93479, "energy": 25.497256, "activity_lines": [ 5.088667, 5.037818, 4.958857, 4.91643 ] }, { "date": "2024-04-05", "close": 5.0, "volume": 1125, "typical_volume": 10156.7, "trend": 4.939333, "fair_value": 5.720769, "relative_strength": -19.706764, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.089426, "energy": 6.480978, "activity_lines": [ 5.016, 5.043818, 4.969476, 4.917656 ] }, { "date": "2024-04-12", "close": 4.82, "volume": 12809, "typical_volume": 10152.3, "trend": 4.898333, "fair_value": 5.705833, "relative_strength": -21.919825, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.19757, "energy": 16.487799, "activity_lines": [ 4.906667, 5.013818, 4.961429, 4.909957 ] }, { "date": "2024-04-19", "close": 4.84, "volume": 19904, "typical_volume": 11136.65, "trend": 4.866333, "fair_value": 5.693269, "relative_strength": -20.654236, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.924938, "energy": 16.113197, "activity_lines": [ 4.869333, 4.985273, 4.955476, 4.906194 ] }, { "date": "2024-04-26", "close": 5.0, "volume": 11061, "typical_volume": 11312.85, "trend": 4.851333, "fair_value": 5.685256, "relative_strength": -18.994767, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.22004, "energy": 13.337923, "activity_lines": [ 4.909333, 4.986182, 4.964095, 4.914817 ] }, { "date": "2024-05-03", "close": 4.82, "volume": 4622, "typical_volume": 10512.75, "trend": 4.843667, "fair_value": 5.673205, "relative_strength": -20.378527, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.547776, "energy": 8.426506, "activity_lines": [ 4.884, 4.945273, 4.954048, 4.912796 ] }, { "date": "2024-05-10", "close": 4.64, "volume": 65, "typical_volume": 10346.1, "trend": 4.841, "fair_value": 5.660641, "relative_strength": -24.96431, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.957806, "energy": 16.471761, "activity_lines": [ 4.798667, 4.869455, 4.925905, 4.899656 ] }, { "date": "2024-05-17", "close": 4.84, "volume": 21972, "typical_volume": 11440.55, "trend": 4.851, "fair_value": 5.647115, "relative_strength": -20.060407, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.99358, "energy": 10.831519, "activity_lines": [ 4.804, 4.842909, 4.917571, 4.899591 ] }, { "date": "2024-05-24", "close": 4.74, "volume": 5240, "typical_volume": 11695.05, "trend": 4.851667, "fair_value": 5.634231, "relative_strength": -21.420772, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.135242, "energy": 23.535532, "activity_lines": [ 4.774667, 4.815636, 4.899619, 4.89243 ] }, { "date": "2024-05-31", "close": 4.68, "volume": 4804, "typical_volume": 10709.8, "trend": 4.861667, "fair_value": 5.62, "relative_strength": -21.107983, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.600372, "energy": 38.960342, "activity_lines": [ 4.732, 4.785818, 4.875952, 4.881355 ] }, { "date": "2024-06-07", "close": 4.52, "volume": 184, "typical_volume": 10566.05, "trend": 4.855667, "fair_value": 5.60891, "relative_strength": -23.647628, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.168323, "energy": 49.769873, "activity_lines": [ 4.657333, 4.731273, 4.839524, 4.859312 ] }, { "date": "2024-06-14", "close": 4.66, "volume": 54, "typical_volume": 10568.35, "trend": 4.855, "fair_value": 5.601282, "relative_strength": -18.759316, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.267094, "energy": 60.095682, "activity_lines": [ 4.649333, 4.707636, 4.818714, 4.846688 ] }, { "date": "2024-06-21", "close": 4.32, "volume": 11647, "typical_volume": 10869.45, "trend": 4.837, "fair_value": 5.593077, "relative_strength": -24.331233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.717508, "energy": 76.587232, "activity_lines": [ 4.526667, 4.628364, 4.766286, 4.812172 ] }, { "date": "2024-06-28", "close": 4.38, "volume": 5676, "typical_volume": 10475.2, "trend": 4.826333, "fair_value": 5.583333, "relative_strength": -22.522468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.807301, "energy": 77.156193, "activity_lines": [ 4.458667, 4.569091, 4.721381, 4.782688 ] }, { "date": "2024-07-05", "close": 4.68, "volume": 16404, "typical_volume": 10440.7, "trend": 4.826333, "fair_value": 5.577115, "relative_strength": -16.115828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.452113, "energy": 45.166193, "activity_lines": [ 4.514667, 4.572727, 4.707333, 4.773247 ] }, { "date": "2024-07-12", "close": 4.5, "volume": 25626, "typical_volume": 10300.65, "trend": 4.822333, "fair_value": 5.571346, "relative_strength": -20.867728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.652596, "energy": 40.051817, "activity_lines": [ 4.510667, 4.549455, 4.675286, 4.752194 ] }, { "date": "2024-07-19", "close": 4.34, "volume": 5697, "typical_volume": 8813.65, "trend": 4.807, "fair_value": 5.542756, "relative_strength": -21.195785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.436119, "energy": 42.668659, "activity_lines": [ 4.454667, 4.502909, 4.628952, 4.721075 ] }, { "date": "2024-07-26", "close": 4.5, "volume": 16524, "typical_volume": 9250.65, "trend": 4.796333, "fair_value": 5.523846, "relative_strength": -17.871776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.975785, "energy": 33.213405, "activity_lines": [ 4.473333, 4.490909, 4.602667, 4.701269 ] }, { "date": "2024-08-02", "close": 4.6, "volume": 22952, "typical_volume": 9757.5, "trend": 4.791667, "fair_value": 5.510385, "relative_strength": -11.471465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.591302, "energy": 26.917472, "activity_lines": [ 4.513333, 4.503273, 4.592095, 4.688602 ] }, { "date": "2024-08-09", "close": 5.15, "volume": 21040, "typical_volume": 10495.85, "trend": 4.79, "fair_value": 5.501731, "relative_strength": 0.235252, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -2.893635, "energy": 8.373224, "activity_lines": [ 4.722, 4.618182, 4.636762, 4.71172 ] }, { "date": "2024-08-16", "close": 5.2, "volume": 12785, "typical_volume": 11009.55, "trend": 4.796667, "fair_value": 5.492436, "relative_strength": -0.984571, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.903017, "energy": 31.959038, "activity_lines": [ 4.916, 4.733636, 4.685095, 4.738172 ] }, { "date": "2024-08-23", "close": 4.5, "volume": 45188, "typical_volume": 13212.7, "trend": 4.786, "fair_value": 5.479295, "relative_strength": -14.275081, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": -0.736035, "energy": 16.062539, "activity_lines": [ 4.83, 4.709455, 4.664952, 4.719032 ] }, { "date": "2024-08-30", "close": 4.8, "volume": 4626, "typical_volume": 12803.55, "trend": 4.789333, "fair_value": 5.468718, "relative_strength": -8.990805, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.954692, "energy": 19.080182, "activity_lines": [ 4.833333, 4.742727, 4.675762, 4.719935 ] }, { "date": "2024-09-06", "close": 4.82, "volume": 7093, "typical_volume": 12163.0, "trend": 4.788, "fair_value": 5.459231, "relative_strength": -3.5283, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.123333, "energy": 12.359417, "activity_lines": [ 4.823333, 4.770909, 4.688571, 4.721914 ] }, { "date": "2024-09-13", "close": 4.82, "volume": 4843, "typical_volume": 11852.1, "trend": 4.798667, "fair_value": 5.451667, "relative_strength": -4.443418, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.069217, "energy": 5.709617, "activity_lines": [ 4.798667, 4.791091, 4.701476, 4.723978 ] }, { "date": "2024-09-20", "close": 4.84, "volume": 710, "typical_volume": 11656.5, "trend": 4.803333, "fair_value": 5.44391, "relative_strength": -5.324486, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.982688, "energy": 5.455599, "activity_lines": [ 4.802667, 4.812364, 4.717143, 4.726645 ] }, { "date": "2024-09-27", "close": 4.66, "volume": 18195, "typical_volume": 12563.0, "trend": 4.780333, "fair_value": 5.436603, "relative_strength": -10.263754, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.173267, "energy": 5.583964, "activity_lines": [ 4.770667, 4.794727, 4.715571, 4.717398 ] }, { "date": "2024-10-04", "close": 4.28, "volume": 113424, "typical_volume": 17135.6, "trend": 4.729667, "fair_value": 5.426218, "relative_strength": -15.876709, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.855039, "energy": 26.608835, "activity_lines": [ 4.601333, 4.702182, 4.677714, 4.685118 ] }, { "date": "2024-10-11", "close": 4.0, "volume": 95361, "typical_volume": 21641.65, "trend": 4.689667, "fair_value": 5.413077, "relative_strength": -20.444311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.579839, "energy": 59.805016, "activity_lines": [ 4.373333, 4.562727, 4.615857, 4.638043 ] }, { "date": "2024-10-18", "close": 4.7, "volume": 164810, "typical_volume": 29641.95, "trend": 4.682333, "fair_value": 5.405705, "relative_strength": -6.376908, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.424032, "energy": 37.815268, "activity_lines": [ 4.433333, 4.561455, 4.62419, 4.63871 ] }, { "date": "2024-10-25", "close": 5.2, "volume": 23713, "typical_volume": 30818.4, "trend": 4.695, "fair_value": 5.401859, "relative_strength": 3.970464, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.100145, "energy": 5.106266, "activity_lines": [ 4.668, 4.659273, 4.680048, 4.672108 ] }, { "date": "2024-11-01", "close": 4.88, "volume": 12576, "typical_volume": 31444.5, "trend": 4.691, "fair_value": 5.395641, "relative_strength": -0.940742, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.469802, "energy": 6.699634, "activity_lines": [ 4.772, 4.698909, 4.70219, 4.684043 ] }, { "date": "2024-11-08", "close": 4.82, "volume": 23110, "typical_volume": 32017.65, "trend": 4.691, "fair_value": 5.387436, "relative_strength": -1.885677, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.24549, "energy": 29.323481, "activity_lines": [ 4.841333, 4.720727, 4.717571, 4.692366 ] }, { "date": "2024-11-15", "close": 4.48, "volume": 38673, "typical_volume": 33667.5, "trend": 4.679, "fair_value": 5.377692, "relative_strength": -6.714418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.785485, "energy": 10.384113, "activity_lines": [ 4.761333, 4.680364, 4.69819, 4.678753 ] }, { "date": "2024-11-22", "close": 4.4, "volume": 88055, "typical_volume": 37250.05, "trend": 4.659, "fair_value": 5.366474, "relative_strength": -8.133106, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.398033, "energy": 8.908467, "activity_lines": [ 4.622667, 4.631636, 4.670714, 4.660753 ] }, { "date": "2024-11-29", "close": 4.26, "volume": 22827, "typical_volume": 37110.1, "trend": 4.640333, "fair_value": 5.354038, "relative_strength": -10.692025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.070177, "energy": 38.90352, "activity_lines": [ 4.457333, 4.565091, 4.631238, 4.635011 ] }, { "date": "2024-12-06", "close": 4.16, "volume": 50261, "typical_volume": 39338.3, "trend": 4.624333, "fair_value": 5.338718, "relative_strength": -15.769603, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.341299, "energy": 49.935749, "activity_lines": [ 4.321333, 4.490909, 4.583381, 4.604022 ] }, { "date": "2024-12-13", "close": 4.86, "volume": 78968, "typical_volume": 42460.5, "trend": 4.625, "fair_value": 5.329167, "relative_strength": 0.669389, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.841664, "energy": 27.398377, "activity_lines": [ 4.466667, 4.553091, 4.603048, 4.619226 ] }, { "date": "2024-12-20", "close": 4.42, "volume": 37582, "typical_volume": 43192.0, "trend": 4.614333, "fair_value": 5.314872, "relative_strength": -5.197274, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.354457, "energy": 29.784857, "activity_lines": [ 4.462667, 4.524727, 4.579095, 4.606 ] }, { "date": "2024-12-27", "close": 4.32, "volume": 23584, "typical_volume": 43319.2, "trend": 4.602333, "fair_value": 5.300897, "relative_strength": -7.661114, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.567656, "energy": 23.136361, "activity_lines": [ 4.429333, 4.470545, 4.546476, 4.587011 ] }, { "date": "2025-01-03", "close": 4.66, "volume": 14310, "typical_volume": 43395.45, "trend": 4.607, "fair_value": 5.292949, "relative_strength": -1.06155, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.127337, "energy": 13.192583, "activity_lines": [ 4.514667, 4.485091, 4.55019, 4.590731 ] }, { "date": "2025-01-10", "close": 4.36, "volume": 23792, "typical_volume": 42325.65, "trend": 4.597, "fair_value": 5.286603, "relative_strength": -7.427278, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.612843, "energy": 17.730131, "activity_lines": [ 4.473333, 4.454909, 4.527905, 4.574796 ] }, { "date": "2025-01-17", "close": 3.94, "volume": 23088, "typical_volume": 43248.75, "trend": 4.584333, "fair_value": 5.279808, "relative_strength": -18.777721, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.815201, "energy": 43.961149, "activity_lines": [ 4.278667, 4.357818, 4.466286, 4.532409 ] }, { "date": "2025-01-24", "close": 4.0, "volume": 12371, "typical_volume": 43512.65, "trend": 4.571667, "fair_value": 5.271474, "relative_strength": -18.705222, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.03698, "energy": 56.213397, "activity_lines": [ 4.165333, 4.287636, 4.414476, 4.49471 ] }, { "date": "2025-01-31", "close": 4.16, "volume": 12514, "typical_volume": 43896.2, "trend": 4.554333, "fair_value": 5.259679, "relative_strength": -15.100682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.378165, "energy": 58.041944, "activity_lines": [ 4.133333, 4.255273, 4.38181, 4.468151 ] }, { "date": "2025-02-07", "close": 4.66, "volume": 36086, "typical_volume": 45665.0, "trend": 4.559667, "fair_value": 5.255897, "relative_strength": -3.483381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.352322, "energy": 34.214469, "activity_lines": [ 4.278667, 4.318182, 4.399905, 4.474968 ] }, { "date": "2025-02-14", "close": 4.82, "volume": 16261, "typical_volume": 45568.3, "trend": 4.575667, "fair_value": 5.254423, "relative_strength": -2.911178, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.452499, "energy": 8.80464, "activity_lines": [ 4.477333, 4.402909, 4.434095, 4.491763 ] }, { "date": "2025-02-21", "close": 4.86, "volume": 32569, "typical_volume": 41525.55, "trend": 4.587667, "fair_value": 5.252885, "relative_strength": -2.216598, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.629999, "energy": 21.60689, "activity_lines": [ 4.658667, 4.482909, 4.471333, 4.510108 ] }, { "date": "2025-02-28", "close": 4.52, "volume": 22314, "typical_volume": 37873.2, "trend": 4.585, "fair_value": 5.252628, "relative_strength": -8.576203, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.46975, "energy": 21.052366, "activity_lines": [ 4.665333, 4.501091, 4.473429, 4.505742 ] }, { "date": "2025-03-07", "close": 4.52, "volume": 2522, "typical_volume": 29758.8, "trend": 4.564, "fair_value": 5.252244, "relative_strength": -8.069316, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.314478, "energy": 17.5745, "activity_lines": [ 4.637333, 4.517455, 4.473048, 4.501548 ] }, { "date": "2025-03-14", "close": 4.86, "volume": 31376, "typical_volume": 30141.95, "trend": 4.552667, "fair_value": 5.251603, "relative_strength": 0.830454, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.114615, "energy": 31.929663, "activity_lines": [ 4.698667, 4.592, 4.505905, 4.520645 ] }, { "date": "2025-03-21", "close": 4.8, "volume": 6198, "typical_volume": 29823.05, "trend": 4.562667, "fair_value": 5.251859, "relative_strength": 1.719786, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.510774, "energy": 21.776092, "activity_lines": [ 4.726667, 4.652, 4.534667, 4.536602 ] }, { "date": "2025-03-28", "close": 4.5, "volume": 6840, "typical_volume": 29009.55, "trend": 4.552667, "fair_value": 5.249167, "relative_strength": -1.233773, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.065885, "energy": 13.247718, "activity_lines": [ 4.656, 4.649455, 4.535238, 4.532559 ] }, { "date": "2025-04-04", "close": 4.3, "volume": 19951, "typical_volume": 28073.45, "trend": 4.535333, "fair_value": 5.244423, "relative_strength": 5.047195, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.455245, "energy": 6.775157, "activity_lines": [ 4.542667, 4.600364, 4.518286, 4.516258 ] }, { "date": "2025-04-11", "close": 4.4, "volume": 23935, "typical_volume": 24867.45, "trend": 4.521333, "fair_value": 5.239295, "relative_strength": 7.934393, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.96532, "energy": 8.292011, "activity_lines": [ 4.477333, 4.564, 4.511714, 4.507527 ] }, { "date": "2025-04-18", "close": 4.42, "volume": 10188, "typical_volume": 24235.5, "trend": 4.507333, "fair_value": 5.230449, "relative_strength": 4.901038, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.023674, "energy": 12.886911, "activity_lines": [ 4.426667, 4.526909, 4.507048, 4.500989 ] }, { "date": "2025-04-25", "close": 4.42, "volume": 0, "typical_volume": 21722.45, "trend": 4.499333, "fair_value": 5.221987, "relative_strength": 1.96189, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.889173, "energy": 16.624547, "activity_lines": [ 4.405333, 4.494182, 4.501619, 4.495355 ] }, { "date": "2025-05-02", "close": 4.14, "volume": 7661, "typical_volume": 18157.1, "trend": 4.494667, "fair_value": 5.213654, "relative_strength": -5.656926, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.442026, "energy": 38.026756, "activity_lines": [ 4.316, 4.417818, 4.468286, 4.472172 ] }, { "date": "2025-05-09", "close": 4.84, "volume": 57112, "typical_volume": 19133.6, "trend": 4.522667, "fair_value": 5.209936, "relative_strength": 10.654409, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.00952, "energy": 4.563179, "activity_lines": [ 4.484, 4.481818, 4.505048, 4.494452 ] }, { "date": "2025-05-16", "close": 4.7, "volume": 1813, "typical_volume": 18045.05, "trend": 4.522667, "fair_value": 5.206603, "relative_strength": 3.452083, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.685144, "energy": 7.23096, "activity_lines": [ 4.569333, 4.514545, 4.526476, 4.505892 ] }, { "date": "2025-05-23", "close": 4.88, "volume": 861, "typical_volume": 17372.6, "trend": 4.512, "fair_value": 5.204295, "relative_strength": 10.015375, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.697586, "energy": 40.743998, "activity_lines": [ 4.694667, 4.576727, 4.563238, 4.528946 ] }, { "date": "2025-05-30", "close": 4.88, "volume": 1283, "typical_volume": 16247.15, "trend": 4.512, "fair_value": 5.200705, "relative_strength": 9.103774, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.10811, "energy": 54.064943, "activity_lines": [ 4.789333, 4.638545, 4.598952, 4.552688 ] }, { "date": "2025-06-06", "close": 5.0, "volume": 6815, "typical_volume": 15433.5, "trend": 4.518, "fair_value": 5.195449, "relative_strength": 10.349457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.470538, "energy": 61.538956, "activity_lines": [ 4.893333, 4.720727, 4.643619, 4.584172 ] }, { "date": "2025-06-13", "close": 7.2, "volume": 313697, "typical_volume": 30499.8, "trend": 4.608667, "fair_value": 5.209295, "relative_strength": 60.993068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.645756, "energy": 74.7404, "activity_lines": [ 5.673333, 5.193818, 4.892762, 4.757204 ] }, { "date": "2025-06-20", "close": 6.7, "volume": 18819, "typical_volume": 30815.05, "trend": 4.685333, "fair_value": 5.220449, "relative_strength": 48.907928, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.293925, "energy": 74.236303, "activity_lines": [ 6.129333, 5.523273, 5.079048, 4.892129 ] }, { "date": "2025-06-27", "close": 6.45, "volume": 23113, "typical_volume": 30166.4, "trend": 4.758333, "fair_value": 5.230962, "relative_strength": 38.714388, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.148584, "energy": 69.724871, "activity_lines": [ 6.368667, 5.765455, 5.229429, 5.005978 ] }, { "date": "2025-07-04", "close": 8.05, "volume": 96891, "typical_volume": 34197.9, "trend": 4.888, "fair_value": 5.249359, "relative_strength": 70.262302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.362863, "energy": 72.426408, "activity_lines": [ 7.036667, 6.261636, 5.523667, 5.218344 ] }, { "date": "2025-07-11", "close": 9.45, "volume": 78112, "typical_volume": 36475.05, "trend": 5.041, "fair_value": 5.277372, "relative_strength": 93.362208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.2796, "energy": 77.769591, "activity_lines": [ 7.96, 6.946364, 5.935857, 5.512667 ] }, { "date": "2025-07-18", "close": 10.5, "volume": 44810, "typical_volume": 37599.85, "trend": 5.243667, "fair_value": 5.313013, "relative_strength": 109.597243, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.33117, "energy": 82.582253, "activity_lines": [ 8.936667, 7.725455, 6.42619, 5.86486 ] }, { "date": "2025-07-25", "close": 9.65, "volume": 8376, "typical_volume": 37892.55, "trend": 5.421333, "fair_value": 5.342821, "relative_strength": 84.689005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.20625, "energy": 76.617189, "activity_lines": [ 9.41, 8.247091, 6.807095, 6.14914 ] }, { "date": "2025-08-01", "close": 8.8, "volume": 2936, "typical_volume": 36470.55, "trend": 5.559333, "fair_value": 5.367179, "relative_strength": 70.622778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.998661, "energy": 69.123163, "activity_lines": [ 9.403333, 8.524182, 7.082619, 6.367118 ] }, { "date": "2025-08-08", "close": 9.7, "volume": 44137, "typical_volume": 38367.5, "trend": 5.737333, "fair_value": 5.397179, "relative_strength": 80.280125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.991382, "energy": 52.16806, "activity_lines": [ 9.54, 8.893636, 7.425095, 6.634258 ] }, { "date": "2025-08-15", "close": 8.45, "volume": 21550, "typical_volume": 39103.0, "trend": 5.887667, "fair_value": 5.418013, "relative_strength": 53.17026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.693346, "energy": 40.607618, "activity_lines": [ 9.15, 8.948182, 7.62519, 6.809269 ] }, { "date": "2025-08-22", "close": 8.75, "volume": 5670, "typical_volume": 38388.95, "trend": 6.046, "fair_value": 5.442051, "relative_strength": 53.62453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.188329, "energy": 30.119269, "activity_lines": [ 8.926667, 8.994545, 7.835048, 6.993935 ] }, { "date": "2025-08-29", "close": 8.6, "volume": 1611, "typical_volume": 37272.75, "trend": 6.194, "fair_value": 5.463974, "relative_strength": 52.673886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.583488, "energy": 25.963697, "activity_lines": [ 8.77, 8.985455, 8.009429, 7.15871 ] }, { "date": "2025-09-05", "close": 8.85, "volume": 1230, "typical_volume": 36824.85, "trend": 6.333667, "fair_value": 5.489679, "relative_strength": 55.072247, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.203855, "energy": 21.740939, "activity_lines": [ 8.766667, 8.987273, 8.187619, 7.330065 ] }, { "date": "2025-09-12", "close": 8.85, "volume": 13202, "typical_volume": 37484.95, "trend": 6.468, "fair_value": 5.515449, "relative_strength": 52.603737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.21876, "energy": 24.24714, "activity_lines": [ 8.76, 8.945455, 8.344714, 7.492409 ] }, { "date": "2025-09-19", "close": 8.35, "volume": 8357, "typical_volume": 37519.75, "trend": 6.584333, "fair_value": 5.537885, "relative_strength": 41.795383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.718836, "energy": 20.735164, "activity_lines": [ 8.643333, 8.798182, 8.433095, 7.613828 ] }, { "date": "2025-09-26", "close": 9.0, "volume": 31190, "typical_volume": 36223.65, "trend": 6.733667, "fair_value": 5.563526, "relative_strength": 50.801945, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.178892, "energy": 21.770925, "activity_lines": [ 8.75, 8.789091, 8.563333, 7.769677 ] }, { "date": "2025-10-03", "close": 8.55, "volume": 17898, "typical_volume": 37027.9, "trend": 6.868, "fair_value": 5.587244, "relative_strength": 37.093861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.654127, "energy": 19.812062, "activity_lines": [ 8.69, 8.725455, 8.630905, 7.88686 ] }, { "date": "2025-10-10", "close": 10.5, "volume": 44207, "typical_volume": 39195.2, "trend": 7.056, "fair_value": 5.622372, "relative_strength": 66.428711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.019657, "energy": 38.663748, "activity_lines": [ 9.283333, 9.036364, 8.865857, 8.121183 ] }, { "date": "2025-10-17", "close": 9.65, "volume": 24738, "typical_volume": 40367.95, "trend": 7.217667, "fair_value": 5.653269, "relative_strength": 51.105794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.79722, "energy": 45.500181, "activity_lines": [ 9.483333, 9.161818, 8.993095, 8.288538 ] }, { "date": "2025-10-24", "close": 9.0, "volume": 31633, "typical_volume": 41608.85, "trend": 7.367667, "fair_value": 5.68, "relative_strength": 35.258478, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.479204, "energy": 40.841349, "activity_lines": [ 9.413333, 9.17, 9.035714, 8.403527 ] }, { "date": "2025-10-31", "close": 8.65, "volume": 15607, "typical_volume": 26704.35, "trend": 7.512667, "fair_value": 5.703269, "relative_strength": 29.657864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.799449, "energy": 30.126918, "activity_lines": [ 9.183333, 9.104545, 9.025952, 8.486258 ] }, { "date": "2025-11-07", "close": 8.0, "volume": 6531, "typical_volume": 26089.95, "trend": 7.632667, "fair_value": 5.719936, "relative_strength": 20.402799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.431419, "energy": 7.657566, "activity_lines": [ 8.76, 8.922727, 8.947381, 8.517699 ] }, { "date": "2025-11-14", "close": 8.8, "volume": 15335, "typical_volume": 25701.05, "trend": 7.778667, "fair_value": 5.743013, "relative_strength": 29.844683, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.129497, "energy": 12.876373, "activity_lines": [ 8.64, 8.897273, 8.93881, 8.593011 ] }, { "date": "2025-11-21", "close": 8.7, "volume": 12100, "typical_volume": 21461.5, "trend": 7.921333, "fair_value": 5.764295, "relative_strength": 29.622844, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.755611, "energy": 12.423402, "activity_lines": [ 8.6, 8.854545, 8.909524, 8.652452 ] }, { "date": "2025-11-28", "close": 7.95, "volume": 7075, "typical_volume": 17909.65, "trend": 8.048333, "fair_value": 5.781923, "relative_strength": 13.67429, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.458272, "energy": 10.244719, "activity_lines": [ 8.373333, 8.678182, 8.805714, 8.654301 ] }, { "date": "2025-12-05", "close": 7.25, "volume": 3938, "typical_volume": 15866.05, "trend": 8.128667, "fair_value": 5.793782, "relative_strength": 1.482999, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.565854, "energy": 26.202448, "activity_lines": [ 7.983333, 8.381818, 8.642381, 8.602796 ] }, { "date": "2025-12-12", "close": 7.4, "volume": 24992, "typical_volume": 16696.85, "trend": 8.218667, "fair_value": 5.806603, "relative_strength": 3.221568, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.941629, "energy": 38.88376, "activity_lines": [ 7.736667, 8.144545, 8.50881, 8.555785 ] }, { "date": "2025-12-19", "close": 7.3, "volume": 12608, "typical_volume": 17180.45, "trend": 8.299333, "fair_value": 5.819936, "relative_strength": 0.504962, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.690355, "energy": 47.429362, "activity_lines": [ 7.496667, 7.91, 8.376429, 8.496516 ] }, { "date": "2025-12-26", "close": 6.9, "volume": 1392, "typical_volume": 15043.2, "trend": 8.366667, "fair_value": 5.829551, "relative_strength": -5.750012, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.284538, "energy": 55.219062, "activity_lines": [ 7.223333, 7.660909, 8.213095, 8.406237 ] }, { "date": "2026-01-02", "close": 6.9, "volume": 1722, "typical_volume": 14051.8, "trend": 8.43, "fair_value": 5.839808, "relative_strength": -7.174737, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.376346, "energy": 64.28899, "activity_lines": [ 7.07, 7.461818, 8.063095, 8.311613 ] }, { "date": "2026-01-09", "close": 6.5, "volume": 43084, "typical_volume": 15922.5, "trend": 8.406667, "fair_value": 5.844295, "relative_strength": -15.589778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.7867, "energy": 68.99211, "activity_lines": [ 6.853333, 7.228182, 7.882381, 8.187097 ] }, { "date": "2026-01-16", "close": 8.55, "volume": 33321, "typical_volume": 17508.0, "trend": 8.468333, "fair_value": 5.858974, "relative_strength": 7.629964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.015733, "energy": 31.129315, "activity_lines": [ 7.37, 7.406364, 7.907619, 8.196344 ] }, { "date": "2026-01-23", "close": 8.3, "volume": 28077, "typical_volume": 18850.35, "trend": 8.53, "fair_value": 5.874744, "relative_strength": 4.400973, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.626432, "energy": 17.344723, "activity_lines": [ 7.726667, 7.529091, 7.909286, 8.185484 ] }, { "date": "2026-01-30", "close": 7.5, "volume": 11930, "typical_volume": 18786.75, "trend": 8.511667, "fair_value": 5.881795, "relative_strength": -6.691115, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.699361, "energy": 17.714625, "activity_lines": [ 7.75, 7.515455, 7.837381, 8.119032 ] }, { "date": "2026-02-06", "close": 7.45, "volume": 12612, "typical_volume": 18999.5, "trend": 8.445, "fair_value": 5.887115, "relative_strength": -10.504884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.391427, "energy": 20.21828, "activity_lines": [ 7.716667, 7.514545, 7.767143, 8.050538 ] }, { "date": "2026-02-13", "close": 6.9, "volume": 4381, "typical_volume": 17659.05, "trend": 8.325, "fair_value": 5.888782, "relative_strength": -17.354335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.400166, "energy": 21.947581, "activity_lines": [ 7.463333, 7.422727, 7.64881, 7.95086 ] }, { "date": "2026-02-20", "close": 6.4, "volume": 25067, "typical_volume": 18017.5, "trend": 8.216667, "fair_value": 5.888782, "relative_strength": -24.929336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.559682, "energy": 41.881314, "activity_lines": [ 7.016667, 7.246364, 7.492857, 7.826667 ] }, { "date": "2026-02-27", "close": 5.75, "volume": 45595, "typical_volume": 18086.9, "trend": 8.115, "fair_value": 5.882051, "relative_strength": -33.498531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.191137, "energy": 61.841988, "activity_lines": [ 6.496667, 6.97, 7.285238, 7.667527 ] }, { "date": "2026-03-06", "close": 5.6, "volume": 49146, "typical_volume": 19307.3, "trend": 7.978333, "fair_value": 5.875385, "relative_strength": -31.398999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.328971, "energy": 71.593401, "activity_lines": [ 6.096667, 6.694545, 7.085952, 7.505269 ] }, { "date": "2026-03-13", "close": 5.2, "volume": 1693, "typical_volume": 17810.3, "trend": 7.87, "fair_value": 5.867051, "relative_strength": -35.839632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.276947, "energy": 76.805893, "activity_lines": [ 5.69, 6.37, 6.867857, 7.326022 ] }, { "date": "2026-03-20", "close": 5.6, "volume": 664, "typical_volume": 17063.15, "trend": 7.765, "fair_value": 5.862692, "relative_strength": -27.256413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.168446, "energy": 70.596649, "activity_lines": [ 5.566667, 6.149091, 6.705952, 7.17957 ] }, { "date": "2026-03-27", "close": 5.25, "volume": 6880, "typical_volume": 17080.6, "trend": 7.653333, "fair_value": 5.856218, "relative_strength": -31.815467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.784596, "energy": 65.425083, "activity_lines": [ 5.413333, 5.880909, 6.525238, 7.017312 ] }, { "date": "2026-04-03", "close": 5.8, "volume": 7197, "typical_volume": 16673.7, "trend": 7.551667, "fair_value": 5.849808, "relative_strength": -27.296624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.262166, "energy": 45.102854, "activity_lines": [ 5.52, 5.772727, 6.41, 6.897742 ] }, { "date": "2026-04-10", "close": 6.34, "volume": 3614, "typical_volume": 16249.4, "trend": 7.468, "fair_value": 5.844936, "relative_strength": -24.270737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.383316, "energy": 34.233751, "activity_lines": [ 5.803333, 5.808182, 6.360476, 6.81957 ] }, { "date": "2026-04-17", "close": 5.24, "volume": 327, "typical_volume": 15912.0, "trend": 7.364333, "fair_value": 5.832372, "relative_strength": -38.730056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.227757, "energy": 34.628088, "activity_lines": [ 5.670667, 5.664727, 6.217429, 6.675828 ] }, { "date": "2026-04-24", "close": 5.72, "volume": 9833, "typical_volume": 16206.75, "trend": 7.255, "fair_value": 5.821923, "relative_strength": -31.380952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.935655, "energy": 28.019158, "activity_lines": [ 5.695333, 5.648727, 6.133, 6.569742 ] }, { "date": "2026-05-01", "close": 5.9, "volume": 12048, "typical_volume": 15559.55, "trend": 7.166667, "fair_value": 5.810064, "relative_strength": -28.409209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.094776, "energy": 26.887313, "activity_lines": [ 5.772, 5.686909, 6.073, 6.482323 ] }, { "date": "2026-05-08", "close": 5.72, "volume": 7302, "typical_volume": 15294.25, "trend": 7.007333, "fair_value": 5.798974, "relative_strength": -30.834407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.995977, "energy": 30.326742, "activity_lines": [ 5.745333, 5.701455, 6.003, 6.388989 ] }, { "date": "2026-05-15", "close": 5.5, "volume": 2464, "typical_volume": 15347.85, "trend": 6.869, "fair_value": 5.786795, "relative_strength": -32.661371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.491836, "energy": 33.499666, "activity_lines": [ 5.650667, 5.676545, 5.919571, 6.291742 ] }, { "date": "2026-05-22", "close": 5.86, "volume": 11861, "typical_volume": 15854.8, "trend": 6.764333, "fair_value": 5.776603, "relative_strength": -30.702927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.665351, "energy": 25.432374, "activity_lines": [ 5.732, 5.718909, 5.877095, 6.226645 ] }, { "date": "2026-05-29", "close": 5.54, "volume": 12413, "typical_volume": 14321.25, "trend": 6.660667, "fair_value": 5.770128, "relative_strength": -34.229961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.08632, "energy": 34.214843, "activity_lines": [ 5.665333, 5.691091, 5.809095, 6.147656 ] }, { "date": "2026-06-05", "close": 5.7, "volume": 276, "typical_volume": 12669.0, "trend": 6.584, "fair_value": 5.764679, "relative_strength": -31.784267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.855792, "energy": 30.61433, "activity_lines": [ 5.664, 5.693455, 5.760905, 6.085677 ] }, { "date": "2026-06-12", "close": 5.7, "volume": 251, "typical_volume": 11277.7, "trend": 6.480667, "fair_value": 5.760833, "relative_strength": -31.180996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.875082, "energy": 26.985158, "activity_lines": [ 5.676, 5.687636, 5.726286, 6.028645 ] }, { "date": "2026-06-19", "close": 5.0, "volume": 24323, "typical_volume": 11897.35, "trend": 6.357333, "fair_value": 5.753141, "relative_strength": -40.366046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.657744, "energy": 49.023093, "activity_lines": [ 5.456, 5.556364, 5.637381, 5.933118 ] }, { "date": "2026-06-26", "close": 5.2, "volume": 0, "typical_volume": 11266.75, "trend": 6.265667, "fair_value": 5.747372, "relative_strength": -37.062956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.937529, "energy": 53.894943, "activity_lines": [ 5.336, 5.485818, 5.579429, 5.858452 ] }, { "date": "2026-07-03", "close": 5.58, "volume": 0, "typical_volume": 11047.7, "trend": 6.21, "fair_value": 5.743397, "relative_strength": -33.684988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.24031, "energy": 46.281575, "activity_lines": [ 5.386667, 5.485091, 5.568381, 5.814215 ] }, { "date": "2026-07-10", "close": 5.8, "volume": 6544, "typical_volume": 10121.55, "trend": 6.156667, "fair_value": 5.740513, "relative_strength": -28.567527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.030459, "energy": 38.011605, "activity_lines": [ 5.508, 5.526909, 5.584571, 5.787763 ] }, { "date": "2026-07-17", "close": 5.8, "volume": 783, "typical_volume": 7880.95, "trend": 6.106667, "fair_value": 5.739231, "relative_strength": -26.608108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.259655, "energy": 15.871517, "activity_lines": [ 5.622667, 5.570545, 5.603619, 5.764753 ] }, { "date": "2026-07-24", "close": 5.6, "volume": 2759, "typical_volume": 5561.6, "trend": 6.063333, "fair_value": 5.736667, "relative_strength": -29.247769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.114964, "energy": 21.561435, "activity_lines": [ 5.664, 5.576364, 5.603381, 5.732065 ] }, { "date": "2026-07-31", "close": 5.78, "volume": 8977, "typical_volume": 5925.8, "trend": 6.026, "fair_value": 5.733654, "relative_strength": -27.077538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.195471, "energy": 18.357082, "activity_lines": [ 5.725333, 5.613091, 5.620286, 5.713785 ] }, { "date": "2026-08-07", "close": 5.78, "volume": 1682, "typical_volume": 5976.7, "trend": 6.002, "fair_value": 5.729038, "relative_strength": -27.384271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.032875, "energy": 12.992802, "activity_lines": [ 5.748, 5.651273, 5.634429, 5.697914 ] } ], "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." } } }