{ "ticker": { "uuid": "58b92cae-5e0a-45d2-b3af-316f084c27cc", "symbol": "DOCS", "name": "Dr. Martens plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 93.042, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 79.554, "architecture_energy": 71.26, "architecture_maturity": 20.716, "architecture_confidence": 77.863, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 17.63, "rotation_up": 76.4, "upward_expansion": 92.65, "deceleration": 39.7, "rotation_down": 11.56, "downward_expansion": 14.65 }, "activity_lines": [ 0.781533, 0.755491, 0.725262, 0.706248 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 0.836, "trend_reference": 0.69151, "distance_from_trend": 0.208949, "trend_direction": "Weakening", "fair_value": 0.765641, "distance_from_fair_value": 0.091896, "fair_value_direction": "Improving", "relative_strength": 1.959047, "relative_strength_direction": "Improving", "price_momentum": 0.257336, "excess_performance": 0.2061, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.208949, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.014228, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.091896, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.291027, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01959, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.205585, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.257336, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.381, "read": "Demand-led" } ], "volume": { "latest": 5123639, "relative_activity": 1.036091, "balance": 2.381, "dry_up": 0.970212, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.083618, "annualized_volatility": 0.332262, "from_high_reference": -0.160488, "from_low_reference": 0.413356 }, "levels": { "trend_reference": 0.69151, "fair_value_reference": 0.765641, "structural_low": 0.5915, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.053111, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.070113, "regime_survival": 0.5, "best_return": 0.25455, "worst_return": -0.238352, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.144005, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.188335, "regime_survival": 0.25, "best_return": 0.149268, "worst_return": -0.396438, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.072723, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.215793, "regime_survival": 0.333333, "best_return": 0.05753, "worst_return": -0.39887, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.291813, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.426366, "regime_survival": 0.0, "best_return": -0.019377, "worst_return": -0.564248, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-02-07", "tenure": "New", "return": 0.00414, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": -0.083101, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.07401, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.006585, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-30", "tenure": "Developing", "return": 0.133081, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": -0.035997, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-31", "tenure": "Established", "return": 0.16986, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-05", "tenure": "Developing", "return": -0.067979, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2026-01-16", "tenure": "Developing", "return": -0.018158, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-05-22", "tenure": "Established", "return": -0.062494, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": -0.009459, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": 0.021429, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-07-24", "tenure": "New", "return": 0.032168, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.080103, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.41817, "volume": 11119130, "typical_volume": 10517973.2, "trend": 1.332667, "fair_value": 2.570933, "relative_strength": -9.150378, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.427687, "energy": 31.610042, "activity_lines": [ 1.39211, 1.318231, 1.309595, 1.318126 ] }, { "date": "2023-08-25", "close": 1.421875, "volume": 6884731, "typical_volume": 10496012.7, "trend": 1.335226, "fair_value": 2.562421, "relative_strength": -9.139143, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.20393, "energy": 34.58168, "activity_lines": [ 1.407857, 1.346996, 1.318137, 1.323881 ] }, { "date": "2023-09-01", "close": 1.449664, "volume": 17397483, "typical_volume": 10631326.85, "trend": 1.334317, "fair_value": 2.554239, "relative_strength": -8.092122, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.050165, "energy": 48.555782, "activity_lines": [ 1.425827, 1.377126, 1.328524, 1.331264 ] }, { "date": "2023-09-08", "close": 1.421875, "volume": 6536703, "typical_volume": 10333681.55, "trend": 1.33583, "fair_value": 2.545974, "relative_strength": -9.098346, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 50.774053, "energy": 49.029941, "activity_lines": [ 1.428112, 1.396175, 1.336032, 1.336913 ] }, { "date": "2023-09-15", "close": 1.404275, "volume": 8597835, "typical_volume": 10154520.05, "trend": 1.337145, "fair_value": 2.537701, "relative_strength": -11.822765, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.7912, "energy": 42.217385, "activity_lines": [ 1.421319, 1.406768, 1.342194, 1.341329 ] }, { "date": "2023-09-22", "close": 1.349623, "volume": 6939608, "typical_volume": 10322353.15, "trend": 1.335053, "fair_value": 2.529153, "relative_strength": -13.818982, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.380389, "energy": 25.991941, "activity_lines": [ 1.396803, 1.401277, 1.343556, 1.342134 ] }, { "date": "2023-09-29", "close": 1.308866, "volume": 18795421, "typical_volume": 11092015.05, "trend": 1.331753, "fair_value": 2.520437, "relative_strength": -14.6582, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.675637, "energy": 14.911589, "activity_lines": [ 1.363271, 1.386153, 1.341656, 1.340445 ] }, { "date": "2023-10-06", "close": 1.281077, "volume": 8311895, "typical_volume": 11286460.2, "trend": 1.331472, "fair_value": 2.511647, "relative_strength": -14.298532, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.022144, "energy": 13.497833, "activity_lines": [ 1.32801, 1.366112, 1.337936, 1.337175 ] }, { "date": "2023-10-13", "close": 1.139353, "volume": 12568795, "typical_volume": 11590573.9, "trend": 1.329725, "fair_value": 2.501983, "relative_strength": -23.816268, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.454644, "energy": 49.240385, "activity_lines": [ 1.256746, 1.321615, 1.321898, 1.32478 ] }, { "date": "2023-10-20", "close": 1.08748, "volume": 13684648, "typical_volume": 11308162.95, "trend": 1.326129, "fair_value": 2.492091, "relative_strength": -24.321664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.836029, "energy": 78.050052, "activity_lines": [ 1.187027, 1.271949, 1.302382, 1.309152 ] }, { "date": "2023-10-27", "close": 1.065249, "volume": 18826460, "typical_volume": 11440916.0, "trend": 1.319102, "fair_value": 2.482183, "relative_strength": -23.508988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.729486, "energy": 85.10781, "activity_lines": [ 1.131016, 1.224135, 1.28154, 1.292321 ] }, { "date": "2023-11-03", "close": 1.141205, "volume": 16353451, "typical_volume": 11679359.8, "trend": 1.315354, "fair_value": 2.472935, "relative_strength": -18.340106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.46651, "energy": 80.682072, "activity_lines": [ 1.119283, 1.196548, 1.268484, 1.280843 ] }, { "date": "2023-11-10", "close": 1.100448, "volume": 17549520, "typical_volume": 12297073.4, "trend": 1.305345, "fair_value": 2.463534, "relative_strength": -19.067909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.373396, "energy": 79.773622, "activity_lines": [ 1.105141, 1.166653, 1.251916, 1.266979 ] }, { "date": "2023-11-17", "close": 1.053207, "volume": 21422064, "typical_volume": 12928225.2, "trend": 1.290743, "fair_value": 2.45394, "relative_strength": -22.368856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.342389, "energy": 74.315178, "activity_lines": [ 1.087295, 1.134519, 1.230933, 1.250712 ] }, { "date": "2023-11-24", "close": 1.005039, "volume": 11251407, "typical_volume": 13055235.95, "trend": 1.274595, "fair_value": 2.44415, "relative_strength": -24.860458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.549972, "energy": 61.182367, "activity_lines": [ 1.059135, 1.10033, 1.205742, 1.232279 ] }, { "date": "2023-12-01", "close": 0.884619, "volume": 31038948, "typical_volume": 13713664.15, "trend": 1.254762, "fair_value": 2.433684, "relative_strength": -33.306594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.954941, "energy": 65.910902, "activity_lines": [ 0.996332, 1.051506, 1.169374, 1.207119 ] }, { "date": "2023-12-08", "close": 0.855904, "volume": 17405084, "typical_volume": 14114305.1, "trend": 1.233881, "fair_value": 2.423165, "relative_strength": -34.848553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.788692, "energy": 78.610391, "activity_lines": [ 0.935998, 1.005915, 1.131903, 1.181387 ] }, { "date": "2023-12-15", "close": 0.847567, "volume": 25142414, "typical_volume": 14811677.4, "trend": 1.211169, "fair_value": 2.412731, "relative_strength": -34.902266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.735817, "energy": 84.116546, "activity_lines": [ 0.891906, 0.967044, 1.09583, 1.156463 ] }, { "date": "2023-12-22", "close": 0.83182, "volume": 12230984, "typical_volume": 14806235.35, "trend": 1.190682, "fair_value": 2.40233, "relative_strength": -36.341026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.961802, "energy": 85.445461, "activity_lines": [ 0.859424, 0.933191, 1.060665, 1.131989 ] }, { "date": "2023-12-29", "close": 0.820705, "volume": 8972022, "typical_volume": 14551430.15, "trend": 1.176251, "fair_value": 2.391992, "relative_strength": -36.609137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.11444, "energy": 85.570578, "activity_lines": [ 0.837996, 0.90291, 1.027023, 1.108119 ] }, { "date": "2024-01-05", "close": 0.795578, "volume": 8784366, "typical_volume": 14434691.95, "trend": 1.163402, "fair_value": 2.381626, "relative_strength": -37.229348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.537078, "energy": 81.659493, "activity_lines": [ 0.820481, 0.87291, 0.993802, 1.08356 ] }, { "date": "2024-01-12", "close": 0.749833, "volume": 14798467, "typical_volume": 14830378.75, "trend": 1.147763, "fair_value": 2.371098, "relative_strength": -39.333384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.766032, "energy": 81.356329, "activity_lines": [ 0.793653, 0.839496, 0.959189, 1.056878 ] }, { "date": "2024-01-19", "close": 0.6956, "volume": 8583802, "typical_volume": 14389694.7, "trend": 1.133681, "fair_value": 2.360358, "relative_strength": -42.024959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.276351, "energy": 82.976304, "activity_lines": [ 0.75582, 0.803338, 0.922611, 1.027706 ] }, { "date": "2024-01-26", "close": 0.830004, "volume": 11600902, "typical_volume": 14642904.65, "trend": 1.123585, "fair_value": 2.340497, "relative_strength": -31.866567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.69339, "energy": 61.722043, "activity_lines": [ 0.772919, 0.798977, 0.902424, 1.008114 ] }, { "date": "2024-02-02", "close": 0.791333, "volume": 6852824, "typical_volume": 14555654.1, "trend": 1.114424, "fair_value": 2.31815, "relative_strength": -34.215713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.480987, "energy": 58.021674, "activity_lines": [ 0.777248, 0.791644, 0.881372, 0.986679 ] }, { "date": "2024-02-09", "close": 0.800293, "volume": 3951903, "typical_volume": 14406268.85, "trend": 1.100189, "fair_value": 2.295301, "relative_strength": -32.527619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.189104, "energy": 51.610395, "activity_lines": [ 0.786523, 0.789825, 0.864093, 0.966412 ] }, { "date": "2024-02-16", "close": 0.896499, "volume": 5337296, "typical_volume": 13733362.6, "trend": 1.086196, "fair_value": 2.273953, "relative_strength": -25.282116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.299263, "energy": 32.621163, "activity_lines": [ 0.827552, 0.807031, 0.858592, 0.953271 ] }, { "date": "2024-02-23", "close": 0.92055, "volume": 11364642, "typical_volume": 13885999.95, "trend": 1.07177, "fair_value": 2.252244, "relative_strength": -22.652048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.300352, "energy": 23.984234, "activity_lines": [ 0.86682, 0.827872, 0.857345, 0.942584 ] }, { "date": "2024-03-01", "close": 0.912533, "volume": 8936241, "typical_volume": 13704372.25, "trend": 1.056398, "fair_value": 2.232045, "relative_strength": -22.524967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.06361, "energy": 27.918402, "activity_lines": [ 0.888419, 0.845929, 0.857052, 0.932311 ] }, { "date": "2024-03-08", "close": 0.85264, "volume": 4843996, "typical_volume": 13262339.65, "trend": 1.037763, "fair_value": 2.211647, "relative_strength": -26.889104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.507691, "energy": 25.680439, "activity_lines": [ 0.884552, 0.851629, 0.852134, 0.919165 ] }, { "date": "2024-03-15", "close": 0.844152, "volume": 5962268, "typical_volume": 12619130.05, "trend": 1.018629, "fair_value": 2.190959, "relative_strength": -27.765448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.552773, "energy": 17.706743, "activity_lines": [ 0.873768, 0.855204, 0.847527, 0.906674 ] }, { "date": "2024-03-22", "close": 0.818686, "volume": 3322095, "typical_volume": 11967562.25, "trend": 0.998523, "fair_value": 2.170041, "relative_strength": -31.233337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.603291, "energy": 26.022342, "activity_lines": [ 0.851572, 0.853266, 0.841547, 0.893774 ] }, { "date": "2024-03-29", "close": 0.827646, "volume": 3691266, "typical_volume": 11274649.55, "trend": 0.977789, "fair_value": 2.149885, "relative_strength": -30.105126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.144903, "energy": 29.616714, "activity_lines": [ 0.83755, 0.851706, 0.837956, 0.88275 ] }, { "date": "2024-04-05", "close": 0.877163, "volume": 12166844, "typical_volume": 10811888.55, "trend": 0.959632, "fair_value": 2.129667, "relative_strength": -25.041441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.55016, "energy": 23.519069, "activity_lines": [ 0.846227, 0.856748, 0.84038, 0.876258 ] }, { "date": "2024-04-12", "close": 0.886595, "volume": 5363287, "typical_volume": 10517482.55, "trend": 0.942376, "fair_value": 2.107729, "relative_strength": -24.375924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.060004, "energy": 15.758379, "activity_lines": [ 0.860406, 0.862647, 0.844541, 0.871546 ] }, { "date": "2024-04-19", "close": 0.634764, "volume": 32047335, "typical_volume": 10567901.9, "trend": 0.918547, "fair_value": 2.085979, "relative_strength": -44.384669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.754226, "energy": 42.426737, "activity_lines": [ 0.788378, 0.821026, 0.825281, 0.8517 ] }, { "date": "2024-04-26", "close": 0.685696, "volume": 11096778, "typical_volume": 10252486.6, "trend": 0.897775, "fair_value": 2.063313, "relative_strength": -40.896712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.78991, "energy": 60.416022, "activity_lines": [ 0.747286, 0.791676, 0.812063, 0.836677 ] }, { "date": "2024-05-03", "close": 0.763038, "volume": 28596434, "typical_volume": 10425187.6, "trend": 0.880507, "fair_value": 2.041221, "relative_strength": -33.953145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.978378, "energy": 57.737759, "activity_lines": [ 0.740841, 0.780221, 0.80702, 0.827985 ] }, { "date": "2024-05-10", "close": 0.747475, "volume": 6315620, "typical_volume": 10129419.4, "trend": 0.867444, "fair_value": 2.020428, "relative_strength": -36.094506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.739329, "energy": 60.734747, "activity_lines": [ 0.733516, 0.7688, 0.800898, 0.819402 ] }, { "date": "2024-05-17", "close": 0.801708, "volume": 5880183, "typical_volume": 9974827.45, "trend": 0.857918, "fair_value": 1.998662, "relative_strength": -30.364056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.740751, "energy": 33.224834, "activity_lines": [ 0.752914, 0.77024, 0.800343, 0.815161 ] }, { "date": "2024-05-24", "close": 0.812555, "volume": 6594835, "typical_volume": 9865350.9, "trend": 0.849495, "fair_value": 1.976429, "relative_strength": -27.614275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.909367, "energy": 16.625749, "activity_lines": [ 0.781587, 0.774579, 0.800911, 0.812234 ] }, { "date": "2024-05-31", "close": 0.824345, "volume": 17638790, "typical_volume": 10007367.05, "trend": 0.838933, "fair_value": 1.953566, "relative_strength": -25.497533, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.498083, "energy": 13.812302, "activity_lines": [ 0.802337, 0.781636, 0.802521, 0.810612 ] }, { "date": "2024-06-07", "close": 0.805009, "volume": 8551635, "typical_volume": 10005758.7, "trend": 0.829085, "fair_value": 1.930664, "relative_strength": -26.360329, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.064937, "energy": 16.220703, "activity_lines": [ 0.807399, 0.785074, 0.801935, 0.808423 ] }, { "date": "2024-06-14", "close": 0.757379, "volume": 4479977, "typical_volume": 9649712.45, "trend": 0.819224, "fair_value": 1.911882, "relative_strength": -29.196381, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.191625, "energy": 16.01184, "activity_lines": [ 0.793786, 0.780264, 0.796292, 0.803797 ] }, { "date": "2024-06-21", "close": 0.738986, "volume": 7535983, "typical_volume": 9683870.4, "trend": 0.810356, "fair_value": 1.89202, "relative_strength": -31.070314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.734659, "energy": 21.763921, "activity_lines": [ 0.773381, 0.774287, 0.789242, 0.79862 ] }, { "date": "2024-06-28", "close": 0.70456, "volume": 4964532, "typical_volume": 9734501.85, "trend": 0.804354, "fair_value": 1.871243, "relative_strength": -33.054711, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.008172, "energy": 38.935116, "activity_lines": [ 0.745683, 0.764735, 0.779164, 0.791795 ] }, { "date": "2024-07-05", "close": 0.703617, "volume": 4562922, "typical_volume": 9695783.15, "trend": 0.799278, "fair_value": 1.850964, "relative_strength": -32.856123, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.328819, "energy": 50.719662, "activity_lines": [ 0.72487, 0.753743, 0.769451, 0.785296 ] }, { "date": "2024-07-12", "close": 0.721537, "volume": 6325508, "typical_volume": 9443826.45, "trend": 0.795077, "fair_value": 1.830128, "relative_strength": -30.745182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.74008, "energy": 50.246597, "activity_lines": [ 0.718079, 0.745683, 0.762364, 0.78028 ] }, { "date": "2024-07-19", "close": 0.681924, "volume": 8284009, "typical_volume": 9411214.85, "trend": 0.79008, "fair_value": 1.80821, "relative_strength": -32.865859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.104719, "energy": 62.722966, "activity_lines": [ 0.703648, 0.731175, 0.752451, 0.77298 ] }, { "date": "2024-07-26", "close": 0.675793, "volume": 8471027, "typical_volume": 9592566.4, "trend": 0.78525, "fair_value": 1.788312, "relative_strength": -33.545409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.146657, "energy": 60.791222, "activity_lines": [ 0.692204, 0.716744, 0.743053, 0.765607 ] }, { "date": "2024-08-02", "close": 0.644668, "volume": 8357495, "typical_volume": 9712327.75, "trend": 0.780219, "fair_value": 1.769714, "relative_strength": -34.694004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.093863, "energy": 65.266716, "activity_lines": [ 0.674598, 0.698944, 0.731533, 0.756537 ] }, { "date": "2024-08-09", "close": 0.659759, "volume": 6768852, "typical_volume": 9884665.6, "trend": 0.777217, "fair_value": 1.751448, "relative_strength": -31.953402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.144457, "energy": 63.317449, "activity_lines": [ 0.666015, 0.68694, 0.7224, 0.748765 ] }, { "date": "2024-08-16", "close": 0.664946, "volume": 2901627, "typical_volume": 9845183.65, "trend": 0.776195, "fair_value": 1.733506, "relative_strength": -31.318232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.71744, "energy": 56.507845, "activity_lines": [ 0.662085, 0.678871, 0.714517, 0.741522 ] }, { "date": "2024-08-23", "close": 0.697958, "volume": 4181436, "typical_volume": 9445913.25, "trend": 0.771794, "fair_value": 1.714579, "relative_strength": -26.720345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.994154, "energy": 39.982026, "activity_lines": [ 0.672932, 0.679351, 0.710554, 0.736474 ] }, { "date": "2024-08-30", "close": 0.687926, "volume": 3707669, "typical_volume": 9363132.35, "trend": 0.768347, "fair_value": 1.695016, "relative_strength": -26.815143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.639964, "energy": 29.577846, "activity_lines": [ 0.679366, 0.679088, 0.706488, 0.731063 ] }, { "date": "2024-09-06", "close": 0.645379, "volume": 4537867, "typical_volume": 7987658.95, "trend": 0.763183, "fair_value": 1.676434, "relative_strength": -28.337936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.289379, "energy": 34.987801, "activity_lines": [ 0.670808, 0.672017, 0.699316, 0.72313 ] }, { "date": "2024-09-13", "close": 0.611915, "volume": 4263898, "typical_volume": 7646014.95, "trend": 0.753697, "fair_value": 1.658141, "relative_strength": -31.512134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.851503, "energy": 41.311367, "activity_lines": [ 0.651049, 0.659938, 0.688907, 0.713371 ] }, { "date": "2024-09-20", "close": 0.493835, "volume": 27130861, "typical_volume": 7572736.3, "trend": 0.739473, "fair_value": 1.639371, "relative_strength": -43.270493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.008574, "energy": 75.924323, "activity_lines": [ 0.595119, 0.628057, 0.667603, 0.696606 ] }, { "date": "2024-09-27", "close": 0.541162, "volume": 26472696, "typical_volume": 8580590.1, "trend": 0.727094, "fair_value": 1.621027, "relative_strength": -37.292269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.237242, "energy": 79.675749, "activity_lines": [ 0.566372, 0.608921, 0.652089, 0.683811 ] }, { "date": "2024-10-04", "close": 0.540684, "volume": 10531775, "typical_volume": 8813169.7, "trend": 0.716695, "fair_value": 1.6039, "relative_strength": -35.785708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.569861, "energy": 81.104326, "activity_lines": [ 0.547919, 0.592257, 0.637511, 0.671785 ] }, { "date": "2024-10-11", "close": 0.526821, "volume": 8398088, "typical_volume": 8903332.35, "trend": 0.706118, "fair_value": 1.586897, "relative_strength": -36.189235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.397004, "energy": 82.050596, "activity_lines": [ 0.534661, 0.575529, 0.622857, 0.659535 ] }, { "date": "2024-10-18", "close": 0.528255, "volume": 10009441, "typical_volume": 8521864.9, "trend": 0.696437, "fair_value": 1.569725, "relative_strength": -35.782739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.462088, "energy": 75.396715, "activity_lines": [ 0.529785, 0.561205, 0.609699, 0.64806 ] }, { "date": "2024-10-25", "close": 0.544509, "volume": 9972732, "typical_volume": 8592919.75, "trend": 0.686999, "fair_value": 1.552578, "relative_strength": -31.861829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.083153, "energy": 54.985438, "activity_lines": [ 0.535904, 0.552227, 0.599499, 0.638258 ] }, { "date": "2024-11-01", "close": 0.533991, "volume": 8880880, "typical_volume": 8812964.9, "trend": 0.67556, "fair_value": 1.534557, "relative_strength": -31.386915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.506126, "energy": 51.937479, "activity_lines": [ 0.535139, 0.543527, 0.589538, 0.628387 ] }, { "date": "2024-11-08", "close": 0.536382, "volume": 6957505, "typical_volume": 8784041.0, "trend": 0.663886, "fair_value": 1.516161, "relative_strength": -28.993252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.30354, "energy": 47.458685, "activity_lines": [ 0.535649, 0.538242, 0.580869, 0.619407 ] }, { "date": "2024-11-15", "close": 0.555504, "volume": 10873549, "typical_volume": 9079491.85, "trend": 0.661244, "fair_value": 1.497674, "relative_strength": -25.284427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.118336, "energy": 37.114951, "activity_lines": [ 0.54282, 0.539189, 0.574985, 0.612415 ] }, { "date": "2024-11-22", "close": 0.53925, "volume": 6369572, "typical_volume": 9169824.35, "trend": 0.656362, "fair_value": 1.4784, "relative_strength": -28.180337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.329519, "energy": 33.722793, "activity_lines": [ 0.54266, 0.538816, 0.568264, 0.604545 ] }, { "date": "2024-11-29", "close": 0.659721, "volume": 18782280, "typical_volume": 9792662.95, "trend": 0.652918, "fair_value": 1.46028, "relative_strength": -11.694778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.837775, "energy": 12.979154, "activity_lines": [ 0.581925, 0.561667, 0.573798, 0.604761 ] }, { "date": "2024-12-06", "close": 0.683624, "volume": 8865345, "typical_volume": 9821729.75, "trend": 0.65079, "fair_value": 1.442279, "relative_strength": -8.121941, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.072387, "energy": 21.747786, "activity_lines": [ 0.621476, 0.585848, 0.581903, 0.606742 ] }, { "date": "2024-12-13", "close": 0.731908, "volume": 13081167, "typical_volume": 10052236.75, "trend": 0.648463, "fair_value": 1.425292, "relative_strength": -1.03078, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 41.32328, "energy": 42.844371, "activity_lines": [ 0.667147, 0.616218, 0.594599, 0.611976 ] }, { "date": "2024-12-20", "close": 0.703224, "volume": 25131838, "typical_volume": 10890953.9, "trend": 0.644819, "fair_value": 1.406611, "relative_strength": -1.926169, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.386549, "energy": 56.983963, "activity_lines": [ 0.690221, 0.637895, 0.604295, 0.615509 ] }, { "date": "2024-12-27", "close": 0.701312, "volume": 1146030, "typical_volume": 10609812.8, "trend": 0.640718, "fair_value": 1.387156, "relative_strength": -2.551123, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.915324, "energy": 63.125861, "activity_lines": [ 0.70281, 0.656018, 0.613531, 0.619153 ] }, { "date": "2025-01-03", "close": 0.707049, "volume": 3055318, "typical_volume": 10617497.35, "trend": 0.637453, "fair_value": 1.370883, "relative_strength": -2.268168, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.756746, "energy": 60.149756, "activity_lines": [ 0.706507, 0.672037, 0.623115, 0.623433 ] }, { "date": "2025-01-10", "close": 0.651116, "volume": 4564482, "typical_volume": 10636649.65, "trend": 0.633911, "fair_value": 1.356638, "relative_strength": -9.884599, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.583285, "energy": 32.294433, "activity_lines": [ 0.688405, 0.674932, 0.627172, 0.624314 ] }, { "date": "2025-01-17", "close": 0.670716, "volume": 5566218, "typical_volume": 10729577.1, "trend": 0.631635, "fair_value": 1.34245, "relative_strength": -9.688899, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.716094, "energy": 20.340531, "activity_lines": [ 0.679003, 0.67926, 0.633318, 0.626689 ] }, { "date": "2025-01-24", "close": 0.692707, "volume": 5268459, "typical_volume": 10766106.7, "trend": 0.63124, "fair_value": 1.329932, "relative_strength": -6.134067, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.61057, "energy": 18.173841, "activity_lines": [ 0.68101, 0.685145, 0.641641, 0.630629 ] }, { "date": "2025-01-31", "close": 0.692707, "volume": 6878005, "typical_volume": 10896812.05, "trend": 0.630876, "fair_value": 1.317896, "relative_strength": -7.498119, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.040173, "energy": 24.79506, "activity_lines": [ 0.683719, 0.688535, 0.649739, 0.634595 ] }, { "date": "2025-02-07", "close": 0.695575, "volume": 7909390, "typical_volume": 9935738.5, "trend": 0.630011, "fair_value": 1.306664, "relative_strength": -6.864122, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.501819, "energy": 27.764971, "activity_lines": [ 0.687958, 0.689656, 0.657724, 0.638769 ] }, { "date": "2025-02-14", "close": 0.68458, "volume": 5237911, "typical_volume": 8873999.25, "trend": 0.630099, "fair_value": 1.295475, "relative_strength": -7.89102, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.707163, "energy": 29.634756, "activity_lines": [ 0.689297, 0.688126, 0.663702, 0.642289 ] }, { "date": "2025-02-21", "close": 0.629125, "volume": 3341038, "typical_volume": 8514462.4, "trend": 0.628544, "fair_value": 1.284076, "relative_strength": -13.725477, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.806887, "energy": 16.073628, "activity_lines": [ 0.669919, 0.676496, 0.663716, 0.642226 ] }, { "date": "2025-02-28", "close": 0.627691, "volume": 6160002, "typical_volume": 8402558.1, "trend": 0.627978, "fair_value": 1.274049, "relative_strength": -14.462219, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.514646, "energy": 14.72162, "activity_lines": [ 0.652837, 0.666475, 0.663172, 0.642171 ] }, { "date": "2025-03-07", "close": 0.563083, "volume": 5805321, "typical_volume": 8192352.1, "trend": 0.624755, "fair_value": 1.264181, "relative_strength": -21.274997, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.331849, "energy": 24.66788, "activity_lines": [ 0.618553, 0.646079, 0.655994, 0.637985 ] }, { "date": "2025-03-14", "close": 0.521409, "volume": 7485620, "typical_volume": 8067996.5, "trend": 0.619971, "fair_value": 1.254304, "relative_strength": -25.854389, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.259451, "energy": 48.597806, "activity_lines": [ 0.579019, 0.62062, 0.644682, 0.631317 ] }, { "date": "2025-03-21", "close": 0.51511, "volume": 8298335, "typical_volume": 8038869.25, "trend": 0.613876, "fair_value": 1.24414, "relative_strength": -26.111506, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.695397, "energy": 61.433751, "activity_lines": [ 0.548996, 0.597391, 0.63288, 0.624552 ] }, { "date": "2025-03-28", "close": 0.504933, "volume": 5765526, "typical_volume": 7979270.3, "trend": 0.607776, "fair_value": 1.234, "relative_strength": -26.874408, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.467386, "energy": 65.39731, "activity_lines": [ 0.526879, 0.574784, 0.620198, 0.617523 ] }, { "date": "2025-04-04", "close": 0.476052, "volume": 15277446, "typical_volume": 8199465.15, "trend": 0.602132, "fair_value": 1.223485, "relative_strength": -24.951164, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.205116, "energy": 71.568028, "activity_lines": [ 0.503415, 0.54994, 0.604916, 0.609025 ] }, { "date": "2025-04-11", "close": 0.484581, "volume": 9253347, "typical_volume": 8343653.9, "trend": 0.597887, "fair_value": 1.213428, "relative_strength": -21.779764, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.292404, "energy": 66.152682, "activity_lines": [ 0.492903, 0.530586, 0.590824, 0.601441 ] }, { "date": "2025-04-18", "close": 0.511718, "volume": 3846453, "typical_volume": 7596862.55, "trend": 0.598483, "fair_value": 1.20341, "relative_strength": -20.142087, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.961098, "energy": 62.790326, "activity_lines": [ 0.49667, 0.519951, 0.579577, 0.595882 ] }, { "date": "2025-04-25", "close": 0.509779, "volume": 3851310, "typical_volume": 7346160.8, "trend": 0.597437, "fair_value": 1.194717, "relative_strength": -21.301913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.330988, "energy": 49.005431, "activity_lines": [ 0.500436, 0.512306, 0.56885, 0.590159 ] }, { "date": "2025-05-02", "close": 0.523348, "volume": 5572550, "typical_volume": 6970729.95, "trend": 0.596859, "fair_value": 1.186672, "relative_strength": -20.271428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.939874, "energy": 40.786001, "activity_lines": [ 0.509082, 0.510306, 0.560244, 0.585379 ] }, { "date": "2025-05-09", "close": 0.540308, "volume": 4104528, "typical_volume": 5919364.45, "trend": 0.597309, "fair_value": 1.178915, "relative_strength": -16.753424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.637196, "energy": 29.065459, "activity_lines": [ 0.522152, 0.513312, 0.554245, 0.581731 ] }, { "date": "2025-05-16", "close": 0.591673, "volume": 5027268, "typical_volume": 6113426.35, "trend": 0.599423, "fair_value": 1.17151, "relative_strength": -9.581284, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.565785, "energy": 19.369071, "activity_lines": [ 0.548061, 0.527247, 0.553915, 0.581367 ] }, { "date": "2025-05-23", "close": 0.530132, "volume": 5480319, "typical_volume": 6234676.4, "trend": 0.598944, "fair_value": 1.163161, "relative_strength": -18.52938, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.333055, "energy": 20.227696, "activity_lines": [ 0.546317, 0.529473, 0.548245, 0.576897 ] }, { "date": "2025-05-30", "close": 0.577621, "volume": 6343250, "typical_volume": 6323614.8, "trend": 0.600398, "fair_value": 1.15233, "relative_strength": -11.007479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.70355, "energy": 19.378691, "activity_lines": [ 0.559174, 0.540174, 0.547941, 0.575521 ] }, { "date": "2025-06-06", "close": 0.794228, "volume": 17596735, "typical_volume": 6925140.65, "trend": 0.608993, "fair_value": 1.143091, "relative_strength": 21.703333, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.834955, "energy": 42.338269, "activity_lines": [ 0.639712, 0.589122, 0.568615, 0.588026 ] }, { "date": "2025-06-13", "close": 0.719118, "volume": 10545978, "typical_volume": 7189016.6, "trend": 0.614447, "fair_value": 1.133851, "relative_strength": 10.372495, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.495237, "energy": 57.91333, "activity_lines": [ 0.677153, 0.619154, 0.581549, 0.595131 ] }, { "date": "2025-06-20", "close": 0.72251, "volume": 7103041, "typical_volume": 7200268.4, "trend": 0.620555, "fair_value": 1.123491, "relative_strength": 12.068009, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.787296, "energy": 64.29238, "activity_lines": [ 0.703805, 0.645383, 0.594679, 0.602103 ] }, { "date": "2025-06-27", "close": 0.746739, "volume": 12446290, "typical_volume": 7427113.4, "trend": 0.623456, "fair_value": 1.114906, "relative_strength": 15.550911, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.228691, "energy": 67.637506, "activity_lines": [ 0.729811, 0.671691, 0.609975, 0.610244 ] }, { "date": "2025-07-04", "close": 0.745286, "volume": 5803937, "typical_volume": 7455414.7, "trend": 0.625511, "fair_value": 1.106061, "relative_strength": 15.051357, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.769912, "energy": 65.142252, "activity_lines": [ 0.740892, 0.693462, 0.62489, 0.618104 ] }, { "date": "2025-07-11", "close": 0.765638, "volume": 3702841, "typical_volume": 7473504.85, "trend": 0.626636, "fair_value": 1.096822, "relative_strength": 16.685573, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.114539, "energy": 72.15267, "activity_lines": [ 0.747579, 0.714651, 0.641453, 0.627144 ] }, { "date": "2025-07-18", "close": 0.767092, "volume": 4841501, "typical_volume": 7407579.8, "trend": 0.628765, "fair_value": 1.086326, "relative_strength": 16.192528, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.232438, "energy": 64.757346, "activity_lines": [ 0.756657, 0.7317, 0.657505, 0.636206 ] }, { "date": "2025-07-25", "close": 0.812158, "volume": 3950564, "typical_volume": 7314841.95, "trend": 0.632459, "fair_value": 1.076723, "relative_strength": 21.052088, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.765142, "energy": 64.345471, "activity_lines": [ 0.777559, 0.752819, 0.677185, 0.648038 ] }, { "date": "2025-08-01", "close": 0.754977, "volume": 4140008, "typical_volume": 7147561.35, "trend": 0.634057, "fair_value": 1.066891, "relative_strength": 13.041054, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.095663, "energy": 51.1462, "activity_lines": [ 0.773424, 0.759532, 0.690233, 0.655942 ] }, { "date": "2025-08-08", "close": 0.745286, "volume": 3226087, "typical_volume": 6893948.95, "trend": 0.637196, "fair_value": 1.056323, "relative_strength": 11.223706, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.598578, "energy": 44.984255, "activity_lines": [ 0.765509, 0.760396, 0.701246, 0.663118 ] }, { "date": "2025-08-15", "close": 0.723964, "volume": 3313407, "typical_volume": 6771343.0, "trend": 0.638971, "fair_value": 1.046212, "relative_strength": 7.553045, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.103194, "energy": 34.529871, "activity_lines": [ 0.750487, 0.754334, 0.709132, 0.668716 ] }, { "date": "2025-08-22", "close": 0.883391, "volume": 6752674, "typical_volume": 6345104.4, "trend": 0.645327, "fair_value": 1.038435, "relative_strength": 28.301147, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.029282, "energy": 48.139415, "activity_lines": [ 0.791385, 0.778537, 0.731159, 0.684485 ] }, { "date": "2025-08-29", "close": 0.894922, "volume": 4943774, "typical_volume": 6129625.75, "trend": 0.652068, "fair_value": 1.030412, "relative_strength": 31.350382, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.879521, "energy": 54.70553, "activity_lines": [ 0.828374, 0.801849, 0.752344, 0.700588 ] }, { "date": "2025-09-05", "close": 0.908743, "volume": 5187757, "typical_volume": 6196690.95, "trend": 0.659173, "fair_value": 1.022034, "relative_strength": 32.396212, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.874078, "energy": 84.251663, "activity_lines": [ 0.864453, 0.82454, 0.772892, 0.717148 ] }, { "date": "2025-09-12", "close": 0.908249, "volume": 8595053, "typical_volume": 6433878.1, "trend": 0.666629, "fair_value": 1.013024, "relative_strength": 30.45034, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.040859, "energy": 87.818073, "activity_lines": [ 0.890115, 0.844195, 0.791501, 0.733217 ] }, { "date": "2025-09-19", "close": 0.891467, "volume": 7966371, "typical_volume": 6553569.15, "trend": 0.675374, "fair_value": 1.004489, "relative_strength": 27.76228, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.15236, "energy": 82.422779, "activity_lines": [ 0.89932, 0.857836, 0.806616, 0.747723 ] }, { "date": "2025-09-26", "close": 0.933917, "volume": 12397887, "typical_volume": 6968237.1, "trend": 0.685581, "fair_value": 0.997766, "relative_strength": 31.675354, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.569648, "energy": 82.303337, "activity_lines": [ 0.911507, 0.876907, 0.82402, 0.764403 ] }, { "date": "2025-10-03", "close": 0.921577, "volume": 17298645, "typical_volume": 7581805.95, "trend": 0.697531, "fair_value": 0.991044, "relative_strength": 26.098978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.789517, "energy": 59.273749, "activity_lines": [ 0.916213, 0.890701, 0.838374, 0.779629 ] }, { "date": "2025-10-10", "close": 0.862837, "volume": 6169055, "typical_volume": 7616242.75, "trend": 0.708912, "fair_value": 0.983899, "relative_strength": 18.044099, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.539663, "energy": 48.585148, "activity_lines": [ 0.899562, 0.891826, 0.845563, 0.790293 ] }, { "date": "2025-10-17", "close": 0.881594, "volume": 6220715, "typical_volume": 7610116.0, "trend": 0.721128, "fair_value": 0.976807, "relative_strength": 20.621474, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.747765, "energy": 38.805768, "activity_lines": [ 0.892223, 0.894401, 0.852954, 0.801434 ] }, { "date": "2025-10-24", "close": 0.937866, "volume": 5357419, "typical_volume": 6998150.2, "trend": 0.735559, "fair_value": 0.968865, "relative_strength": 23.500306, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.492836, "energy": 43.117237, "activity_lines": [ 0.905419, 0.904728, 0.864257, 0.815417 ] }, { "date": "2025-10-31", "close": 0.89739, "volume": 3335365, "typical_volume": 6637619.55, "trend": 0.749604, "fair_value": 0.96103, "relative_strength": 16.528546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.380321, "energy": 31.365141, "activity_lines": [ 0.90203, 0.903807, 0.871021, 0.825858 ] }, { "date": "2025-11-07", "close": 0.82779, "volume": 6473594, "typical_volume": 6606147.2, "trend": 0.761044, "fair_value": 0.950363, "relative_strength": 7.379743, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.153179, "energy": 23.077066, "activity_lines": [ 0.877876, 0.889977, 0.870308, 0.830902 ] }, { "date": "2025-11-14", "close": 0.846548, "volume": 4205639, "typical_volume": 6194114.65, "trend": 0.772205, "fair_value": 0.939441, "relative_strength": 9.149075, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.850393, "energy": 17.165459, "activity_lines": [ 0.866226, 0.880778, 0.87088, 0.836419 ] }, { "date": "2025-11-21", "close": 0.729561, "volume": 11415162, "typical_volume": 6474675.9, "trend": 0.779531, "fair_value": 0.932275, "relative_strength": -4.626772, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.385262, "energy": 20.095417, "activity_lines": [ 0.816668, 0.851439, 0.859835, 0.833667 ] }, { "date": "2025-11-28", "close": 0.763127, "volume": 8109314, "typical_volume": 6694999.55, "trend": 0.787524, "fair_value": 0.925279, "relative_strength": -2.068518, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.840765, "energy": 24.25862, "activity_lines": [ 0.788433, 0.831452, 0.852061, 0.832609 ] }, { "date": "2025-12-05", "close": 0.771518, "volume": 4109981, "typical_volume": 6658423.55, "trend": 0.795231, "fair_value": 0.919152, "relative_strength": -0.384751, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.887442, "energy": 34.968746, "activity_lines": [ 0.774644, 0.815324, 0.845099, 0.831577 ] }, { "date": "2025-12-12", "close": 0.761152, "volume": 3367115, "typical_volume": 6629251.1, "trend": 0.80088, "fair_value": 0.913763, "relative_strength": -1.319681, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.19906, "energy": 44.950203, "activity_lines": [ 0.765792, 0.800264, 0.837128, 0.829378 ] }, { "date": "2025-12-19", "close": 0.748812, "volume": 2840535, "typical_volume": 6564277.45, "trend": 0.808169, "fair_value": 0.90817, "relative_strength": -5.097422, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.530506, "energy": 42.506529, "activity_lines": [ 0.757269, 0.785878, 0.828225, 0.826019 ] }, { "date": "2025-12-26", "close": 0.742889, "volume": 1461826, "typical_volume": 6476064.4, "trend": 0.813678, "fair_value": 0.902059, "relative_strength": -5.347028, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.881142, "energy": 35.083888, "activity_lines": [ 0.753287, 0.772488, 0.818788, 0.821807 ] }, { "date": "2026-01-02", "close": 0.740421, "volume": 1905958, "typical_volume": 6405691.95, "trend": 0.811885, "fair_value": 0.895044, "relative_strength": -6.161146, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.187962, "energy": 33.327765, "activity_lines": [ 0.747595, 0.76117, 0.809126, 0.817081 ] }, { "date": "2026-01-09", "close": 0.764608, "volume": 4444221, "typical_volume": 6290269.3, "trend": 0.813401, "fair_value": 0.887874, "relative_strength": -4.677339, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.40366, "energy": 27.730171, "activity_lines": [ 0.751478, 0.757841, 0.80169, 0.814031 ] }, { "date": "2026-01-16", "close": 0.747331, "volume": 4428701, "typical_volume": 6264515.65, "trend": 0.814228, "fair_value": 0.88464, "relative_strength": -7.707979, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.362642, "energy": 35.723256, "activity_lines": [ 0.750063, 0.753784, 0.793174, 0.809768 ] }, { "date": "2026-01-23", "close": 0.742395, "volume": 3861517, "typical_volume": 6198203.65, "trend": 0.814084, "fair_value": 0.880776, "relative_strength": -7.300287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.831431, "energy": 35.197498, "activity_lines": [ 0.747924, 0.750293, 0.784891, 0.805134 ] }, { "date": "2026-01-30", "close": 0.664898, "volume": 21148597, "typical_volume": 6825880.85, "trend": 0.811404, "fair_value": 0.875571, "relative_strength": -17.328984, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.956523, "energy": 49.904653, "activity_lines": [ 0.72038, 0.734605, 0.770019, 0.795509 ] }, { "date": "2026-02-06", "close": 0.664898, "volume": 10163504, "typical_volume": 6935737.5, "trend": 0.808046, "fair_value": 0.871009, "relative_strength": -18.178749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.54559, "energy": 64.406354, "activity_lines": [ 0.698036, 0.720093, 0.756306, 0.786057 ] }, { "date": "2026-02-13", "close": 0.671315, "volume": 9688658, "typical_volume": 6800276.05, "trend": 0.804853, "fair_value": 0.866564, "relative_strength": -17.709467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.454297, "energy": 68.721077, "activity_lines": [ 0.682865, 0.708533, 0.744283, 0.777235 ] }, { "date": "2026-02-20", "close": 0.672302, "volume": 5792534, "typical_volume": 6224970.5, "trend": 0.800192, "fair_value": 0.86182, "relative_strength": -19.249335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.390725, "energy": 74.697619, "activity_lines": [ 0.674244, 0.698975, 0.733604, 0.768684 ] }, { "date": "2026-02-27", "close": 0.684149, "volume": 6265235, "typical_volume": 6229779.5, "trend": 0.797831, "fair_value": 0.857181, "relative_strength": -19.341048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.163943, "energy": 68.45813, "activity_lines": [ 0.674573, 0.693186, 0.725241, 0.761197 ] }, { "date": "2026-03-06", "close": 0.66, "volume": 10373578, "typical_volume": 6437422.65, "trend": 0.794988, "fair_value": 0.853145, "relative_strength": -17.439224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.560563, "energy": 59.898546, "activity_lines": [ 0.670735, 0.684183, 0.715429, 0.752305 ] }, { "date": "2026-03-13", "close": 0.6255, "volume": 4903493, "typical_volume": 6414726.35, "trend": 0.791706, "fair_value": 0.849515, "relative_strength": -21.585727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.373114, "energy": 60.807777, "activity_lines": [ 0.655724, 0.670413, 0.703386, 0.74137 ] }, { "date": "2026-03-20", "close": 0.6285, "volume": 12224726, "typical_volume": 6859194.4, "trend": 0.783209, "fair_value": 0.845882, "relative_strength": -18.562122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.595397, "energy": 54.360981, "activity_lines": [ 0.64434, 0.659279, 0.693116, 0.730841 ] }, { "date": "2026-03-27", "close": 0.624, "volume": 4366813, "typical_volume": 6753855.35, "trend": 0.774178, "fair_value": 0.841702, "relative_strength": -19.628731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.685674, "energy": 55.299084, "activity_lines": [ 0.63431, 0.649801, 0.683699, 0.720569 ] }, { "date": "2026-04-03", "close": 0.642, "volume": 3013417, "typical_volume": 6694244.25, "trend": 0.765287, "fair_value": 0.837781, "relative_strength": -21.072623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.059566, "energy": 49.887888, "activity_lines": [ 0.6335, 0.645838, 0.676966, 0.712042 ] }, { "date": "2026-04-10", "close": 0.652, "volume": 3691017, "typical_volume": 6308037.0, "trend": 0.756745, "fair_value": 0.832982, "relative_strength": -21.097722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.588318, "energy": 43.845785, "activity_lines": [ 0.638833, 0.645519, 0.672159, 0.704733 ] }, { "date": "2026-04-17", "close": 0.699, "volume": 4726136, "typical_volume": 6138878.1, "trend": 0.75033, "fair_value": 0.827903, "relative_strength": -16.018541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.475949, "energy": 26.735499, "activity_lines": [ 0.660367, 0.653979, 0.672198, 0.701007 ] }, { "date": "2026-04-24", "close": 0.641, "volume": 5110528, "typical_volume": 6188905.45, "trend": 0.740566, "fair_value": 0.822464, "relative_strength": -20.869321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.122303, "energy": 23.504188, "activity_lines": [ 0.657667, 0.651275, 0.667019, 0.693954 ] }, { "date": "2026-05-01", "close": 0.62, "volume": 3882703, "typical_volume": 6214684.85, "trend": 0.730513, "fair_value": 0.816953, "relative_strength": -23.329533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.803152, "energy": 27.940924, "activity_lines": [ 0.647133, 0.645303, 0.660461, 0.686175 ] }, { "date": "2026-05-08", "close": 0.65, "volume": 4206871, "typical_volume": 6283001.65, "trend": 0.723419, "fair_value": 0.811618, "relative_strength": -18.59948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.133461, "energy": 22.621158, "activity_lines": [ 0.646867, 0.645736, 0.657432, 0.680981 ] }, { "date": "2026-05-15", "close": 0.623, "volume": 4959704, "typical_volume": 6457895.55, "trend": 0.714799, "fair_value": 0.805811, "relative_strength": -21.556475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.197519, "energy": 35.528024, "activity_lines": [ 0.637067, 0.641882, 0.652303, 0.674502 ] }, { "date": "2026-05-22", "close": 0.696, "volume": 9754907, "typical_volume": 6850343.0, "trend": 0.706737, "fair_value": 0.801, "relative_strength": -14.752872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.479378, "energy": 16.442688, "activity_lines": [ 0.653533, 0.651973, 0.654696, 0.673289 ] }, { "date": "2026-05-29", "close": 0.74, "volume": 11415545, "typical_volume": 7198909.2, "trend": 0.70149, "fair_value": 0.797708, "relative_strength": -8.985057, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.82591, "energy": 9.65437, "activity_lines": [ 0.684867, 0.668782, 0.661492, 0.675435 ] }, { "date": "2026-06-05", "close": 0.71, "volume": 4941378, "typical_volume": 7224543.05, "trend": 0.697564, "fair_value": 0.794688, "relative_strength": -11.863756, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.010685, "energy": 18.526272, "activity_lines": [ 0.6996, 0.678109, 0.665548, 0.675984 ] }, { "date": "2026-06-12", "close": 0.733, "volume": 2108925, "typical_volume": 7136913.45, "trend": 0.693779, "fair_value": 0.791573, "relative_strength": -9.657235, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.674163, "energy": 28.856119, "activity_lines": [ 0.716, 0.690055, 0.671972, 0.678271 ] }, { "date": "2026-06-19", "close": 0.7, "volume": 3330575, "typical_volume": 6246012.35, "trend": 0.692794, "fair_value": 0.788893, "relative_strength": -12.500776, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.277248, "energy": 35.184201, "activity_lines": [ 0.715867, 0.694345, 0.675298, 0.678672 ] }, { "date": "2026-06-26", "close": 0.717, "volume": 1794089, "typical_volume": 5827541.6, "trend": 0.691256, "fair_value": 0.786227, "relative_strength": -11.242178, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.550388, "energy": 29.069063, "activity_lines": [ 0.716267, 0.700855, 0.680076, 0.680234 ] }, { "date": "2026-07-03", "close": 0.715, "volume": 1640016, "typical_volume": 5425109.5, "trend": 0.689372, "fair_value": 0.783976, "relative_strength": -12.523717, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.629071, "energy": 22.379522, "activity_lines": [ 0.7146, 0.706673, 0.684415, 0.681765 ] }, { "date": "2026-07-10", "close": 0.715, "volume": 10769193, "typical_volume": 5673942.45, "trend": 0.687834, "fair_value": 0.780692, "relative_strength": -10.616138, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.918922, "energy": 17.682028, "activity_lines": [ 0.7146, 0.711145, 0.688546, 0.683419 ] }, { "date": "2026-07-17", "close": 0.759, "volume": 7651867, "typical_volume": 5743274.05, "trend": 0.688174, "fair_value": 0.77712, "relative_strength": -5.71231, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 37.947143, "energy": 27.189786, "activity_lines": [ 0.728933, 0.721891, 0.696664, 0.68801 ] }, { "date": "2026-07-24", "close": 0.738, "volume": 2619175, "typical_volume": 5355553.9, "trend": 0.688011, "fair_value": 0.773175, "relative_strength": -9.01271, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.285338, "energy": 39.031158, "activity_lines": [ 0.734533, 0.726836, 0.702426, 0.691225 ] }, { "date": "2026-07-31", "close": 0.774, "volume": 3796734, "typical_volume": 5300215.95, "trend": 0.68913, "fair_value": 0.769331, "relative_strength": -5.442772, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.420297, "energy": 53.613557, "activity_lines": [ 0.7496, 0.736236, 0.711245, 0.696773 ] }, { "date": "2026-08-07", "close": 0.836, "volume": 5123639, "typical_volume": 4945161.6, "trend": 0.69151, "fair_value": 0.765641, "relative_strength": 1.959047, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.553552, "energy": 71.260108, "activity_lines": [ 0.781533, 0.755491, 0.725262, 0.706248 ] } ], "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." } } }