{ "ticker": { "uuid": "59a9a1c8-ef0f-4cda-8509-656a373532e3", "symbol": "EDSA", "name": "Edesa Biotech Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 76.081, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.321, "architecture_energy": 48.318, "architecture_maturity": 14.68, "architecture_confidence": 59.581, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 30.26, "rotation_up": 16.0, "upward_expansion": 25.41, "deceleration": 49.82, "rotation_down": 64.76, "downward_expansion": 55.07 }, "activity_lines": [ 5.516667, 6.151273, 7.422762, 7.234473 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 5.27, "trend_reference": 6.262667, "distance_from_trend": -0.158505, "trend_direction": "Improving", "fair_value": 3.88282, "distance_from_fair_value": 0.357261, "fair_value_direction": "Weakening", "relative_strength": 6.668682, "relative_strength_direction": "Weakening", "price_momentum": 3.705357, "excess_performance": 3.517904, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.158505, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.335703, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.357261, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -2.955076, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.066687, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -3.304477, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 3.705357, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.362575, "read": "Supply-led" } ], "volume": { "latest": 183291, "relative_activity": 0.095162, "balance": 0.362575, "dry_up": 0.157647, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.41162, "annualized_volatility": 2.679623, "from_high_reference": -0.74065, "from_low_reference": 6.319444 }, "levels": { "trend_reference": 6.262667, "fair_value_reference": 3.88282, "structural_low": 0.72, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.002865, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.010683, "regime_survival": 0.285714, "best_return": 0.227936, "worst_return": -0.342806, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.110953, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.263626, "regime_survival": 0.0, "best_return": 0.498047, "worst_return": -0.477798, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.107143, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.302752, "regime_survival": 0.4, "best_return": 3.125714, "worst_return": -0.652416, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.343477, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.457427, "regime_survival": 0.0, "best_return": 2.683673, "worst_return": -0.634766, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-06", "end": "2023-12-22", "tenure": "Developing", "return": 0.179118, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-29", "end": "2024-10-18", "tenure": "Extended", "return": -0.111597, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2025-02-28", "tenure": "Established", "return": -0.355882, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-05-23", "tenure": "Developing", "return": -0.158798, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.061224, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-09-05", "tenure": "Developing", "return": 0.210526, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": 0.029167, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": -0.313253, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.008596, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-02-27", "tenure": "Developing", "return": 0.264368, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.08589, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-06-05", "tenure": "Developing", "return": -0.257143, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-07-31", "tenure": "Developing", "return": -0.118966, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.0907, "volume": 123316, "typical_volume": 315630.0, "trend": 7.254439, "fair_value": 26.206598, "relative_strength": -38.330469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.654614, "energy": 26.219247, "activity_lines": [ 6.045527, 5.949338, 6.10392, 6.482056 ] }, { "date": "2023-08-25", "close": 6.16, "volume": 222981, "typical_volume": 311842.4, "trend": 7.114439, "fair_value": 25.88038, "relative_strength": -37.598164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.46346, "energy": 18.993951, "activity_lines": [ 6.113333, 5.995385, 6.084455, 6.411447 ] }, { "date": "2023-09-01", "close": 5.859, "volume": 385031, "typical_volume": 317293.85, "trend": 6.964405, "fair_value": 25.514091, "relative_strength": -41.683645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.759629, "energy": 20.392993, "activity_lines": [ 6.055187, 5.981615, 6.038637, 6.330451 ] }, { "date": "2023-09-08", "close": 6.0991, "volume": 76482, "typical_volume": 303270.15, "trend": 6.831709, "fair_value": 25.220239, "relative_strength": -37.347616, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.0216, "energy": 18.18153, "activity_lines": [ 6.05486, 6.014387, 6.022785, 6.274625 ] }, { "date": "2023-09-15", "close": 6.3, "volume": 148790, "typical_volume": 269946.6, "trend": 6.708065, "fair_value": 24.913316, "relative_strength": -33.784111, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.326588, "energy": 10.371208, "activity_lines": [ 6.125607, 6.076, 6.033023, 6.240321 ] }, { "date": "2023-09-22", "close": 5.9647, "volume": 72058, "typical_volume": 247456.0, "trend": 6.580222, "fair_value": 24.589885, "relative_strength": -34.212836, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.880963, "energy": 13.935747, "activity_lines": [ 6.07992, 6.069013, 6.018662, 6.192362 ] }, { "date": "2023-09-29", "close": 4.424, "volume": 2055415, "typical_volume": 330243.35, "trend": 6.389355, "fair_value": 24.252988, "relative_strength": -50.808761, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.680399, "energy": 49.681575, "activity_lines": [ 5.529067, 5.779455, 5.864497, 6.053251 ] }, { "date": "2023-10-06", "close": 4.274382, "volume": 205338, "typical_volume": 328328.6, "trend": 6.240168, "fair_value": 23.93308, "relative_strength": -52.739041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.003241, "energy": 72.325756, "activity_lines": [ 5.044074, 5.487269, 5.704416, 5.916801 ] }, { "date": "2023-10-13", "close": 3.955, "volume": 4689417, "typical_volume": 550055.85, "trend": 6.139951, "fair_value": 23.612919, "relative_strength": -55.81457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.747621, "energy": 68.894419, "activity_lines": [ 4.558262, 5.159768, 5.52356, 5.769371 ] }, { "date": "2023-10-20", "close": 3.4399, "volume": 324890, "typical_volume": 560142.3, "trend": 6.004948, "fair_value": 23.350483, "relative_strength": -59.913102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.517883, "energy": 76.548421, "activity_lines": [ 4.04369, 4.778716, 5.305145, 5.595174 ] }, { "date": "2023-10-27", "close": 3.11, "volume": 152844, "typical_volume": 547362.6, "trend": 5.895791, "fair_value": 23.099393, "relative_strength": -62.293971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.340433, "energy": 78.188573, "activity_lines": [ 3.609824, 4.38841, 5.068748, 5.408403 ] }, { "date": "2023-11-03", "close": 3.54, "volume": 92822, "typical_volume": 541654.95, "trend": 5.792265, "fair_value": 22.86497, "relative_strength": -59.244084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.727856, "energy": 69.606842, "activity_lines": [ 3.509605, 4.130482, 4.888493, 5.256417 ] }, { "date": "2023-11-10", "close": 2.7, "volume": 167099, "typical_volume": 539995.9, "trend": 5.637265, "fair_value": 22.641765, "relative_strength": -69.402311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.819742, "energy": 77.464118, "activity_lines": [ 3.18832, 3.767462, 4.639381, 5.056916 ] }, { "date": "2023-11-17", "close": 3.01, "volume": 94488, "typical_volume": 525354.6, "trend": 5.485598, "fair_value": 22.427727, "relative_strength": -66.211374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.484911, "energy": 64.573164, "activity_lines": [ 3.075327, 3.518242, 4.435593, 4.887415 ] }, { "date": "2023-11-24", "close": 3.25, "volume": 136838, "typical_volume": 522195.8, "trend": 5.332598, "fair_value": 22.212086, "relative_strength": -63.425698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.152447, "energy": 49.084372, "activity_lines": [ 3.105333, 3.368824, 4.267358, 4.743183 ] }, { "date": "2023-12-01", "close": 3.45, "volume": 62184, "typical_volume": 507617.95, "trend": 5.200265, "fair_value": 22.014329, "relative_strength": -60.729048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.267523, "energy": 44.482764, "activity_lines": [ 3.214667, 3.311225, 4.130695, 4.621725 ] }, { "date": "2023-12-08", "close": 4.17, "volume": 196374, "typical_volume": 494429.75, "trend": 5.133465, "fair_value": 21.819393, "relative_strength": -52.351548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.334758, "energy": 28.906228, "activity_lines": [ 3.541333, 3.430256, 4.073938, 4.555256 ] }, { "date": "2023-12-15", "close": 5.19, "volume": 698018, "typical_volume": 518809.0, "trend": 5.096488, "fair_value": 21.619329, "relative_strength": -42.042136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.892378, "energy": 16.139923, "activity_lines": [ 4.166, 3.73936, 4.12197, 4.558903 ] }, { "date": "2023-12-22", "close": 5.04, "volume": 56799, "typical_volume": 506479.7, "trend": 5.052166, "fair_value": 21.436701, "relative_strength": -42.070014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.259899, "energy": 17.811172, "activity_lines": [ 4.574667, 4.004544, 4.157315, 4.555259 ] }, { "date": "2023-12-29", "close": 4.57, "volume": 107318, "typical_volume": 503425.1, "trend": 4.995783, "fair_value": 21.275291, "relative_strength": -45.378292, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.187954, "energy": 18.84053, "activity_lines": [ 4.691333, 4.164545, 4.153235, 4.524152 ] }, { "date": "2024-01-05", "close": 4.45, "volume": 59844, "typical_volume": 500251.5, "trend": 4.934116, "fair_value": 21.083944, "relative_strength": -42.081097, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.546702, "energy": 17.730356, "activity_lines": [ 4.68, 4.282182, 4.145631, 4.48894 ] }, { "date": "2024-01-12", "close": 4.66, "volume": 60215, "typical_volume": 492113.2, "trend": 4.893449, "fair_value": 20.896637, "relative_strength": -38.056169, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.196445, "energy": 16.913917, "activity_lines": [ 4.672, 4.413636, 4.16584, 4.471255 ] }, { "date": "2024-01-19", "close": 4.36, "volume": 25827, "typical_volume": 474153.0, "trend": 4.838186, "fair_value": 20.664778, "relative_strength": -42.031593, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.710294, "energy": 11.912114, "activity_lines": [ 4.531333, 4.470182, 4.164621, 4.436839 ] }, { "date": "2024-01-26", "close": 4.64, "volume": 62022, "typical_volume": 473430.0, "trend": 4.803643, "fair_value": 20.43606, "relative_strength": -37.046866, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.042679, "energy": 10.904782, "activity_lines": [ 4.539333, 4.547455, 4.197206, 4.424053 ] }, { "date": "2024-02-02", "close": 4.54, "volume": 52755, "typical_volume": 468628.25, "trend": 4.758976, "fair_value": 20.156444, "relative_strength": -37.527713, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.938659, "energy": 12.120922, "activity_lines": [ 4.540667, 4.576909, 4.227216, 4.407043 ] }, { "date": "2024-02-09", "close": 4.83, "volume": 99082, "typical_volume": 469979.45, "trend": 4.725633, "fair_value": 19.867919, "relative_strength": -33.025186, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.932104, "energy": 7.044414, "activity_lines": [ 4.640667, 4.635636, 4.293226, 4.411626 ] }, { "date": "2024-02-16", "close": 5.37, "volume": 187725, "typical_volume": 376594.95, "trend": 4.712109, "fair_value": 19.574778, "relative_strength": -22.521027, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.163847, "energy": 27.975705, "activity_lines": [ 4.895333, 4.767455, 4.416067, 4.453198 ] }, { "date": "2024-02-23", "close": 4.99, "volume": 54669, "typical_volume": 369061.5, "trend": 4.694249, "fair_value": 19.359073, "relative_strength": -27.077076, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.605597, "energy": 30.209486, "activity_lines": [ 4.976, 4.808364, 4.498213, 4.471126 ] }, { "date": "2024-03-01", "close": 4.81, "volume": 70160, "typical_volume": 138098.65, "trend": 4.649226, "fair_value": 19.160611, "relative_strength": -29.071038, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.412603, "energy": 27.291155, "activity_lines": [ 4.954667, 4.820182, 4.559809, 4.478594 ] }, { "date": "2024-03-08", "close": 4.5282, "volume": 72120, "typical_volume": 125460.15, "trend": 4.592499, "fair_value": 18.938356, "relative_strength": -30.447122, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.435796, "energy": 17.325957, "activity_lines": [ 4.828067, 4.784945, 4.590495, 4.470786 ] }, { "date": "2024-03-15", "close": 4.39, "volume": 32891, "typical_volume": 119462.5, "trend": 4.535809, "fair_value": 18.720151, "relative_strength": -30.622333, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.869806, "energy": 5.605066, "activity_lines": [ 4.656187, 4.725342, 4.602837, 4.457721 ] }, { "date": "2024-03-22", "close": 4.28, "volume": 45369, "typical_volume": 117089.85, "trend": 4.473143, "fair_value": 18.510664, "relative_strength": -33.041651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.216366, "energy": 11.103294, "activity_lines": [ 4.476973, 4.646829, 4.598608, 4.441217 ] }, { "date": "2024-03-29", "close": 4.1917, "volume": 50347, "typical_volume": 111252.25, "trend": 4.417566, "fair_value": 18.2867, "relative_strength": -33.122218, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.112057, "energy": 16.403987, "activity_lines": [ 4.340993, 4.559171, 4.582445, 4.42306 ] }, { "date": "2024-04-05", "close": 4.6752, "volume": 46222, "typical_volume": 108838.95, "trend": 4.370103, "fair_value": 18.0609, "relative_strength": -23.725771, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 13.785331, "energy": 13.266502, "activity_lines": [ 4.4194, 4.562482, 4.605226, 4.439681 ] }, { "date": "2024-04-12", "close": 4.4799, "volume": 27590, "typical_volume": 103376.55, "trend": 4.309433, "fair_value": 17.858977, "relative_strength": -25.200955, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 12.400514, "energy": 10.398065, "activity_lines": [ 4.441693, 4.529644, 4.601478, 4.446765 ] }, { "date": "2024-04-19", "close": 4.45, "volume": 18642, "typical_volume": 101199.45, "trend": 4.258943, "fair_value": 17.635771, "relative_strength": -19.969338, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 11.840325, "energy": 7.425276, "activity_lines": [ 4.45724, 4.492462, 4.589026, 4.455834 ] }, { "date": "2024-04-26", "close": 4.4199, "volume": 12909, "typical_volume": 92026.2, "trend": 4.258806, "fair_value": 17.415066, "relative_strength": -21.934976, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 20.541491, "energy": 8.998115, "activity_lines": [ 4.458753, 4.456716, 4.568945, 4.466218 ] }, { "date": "2024-05-03", "close": 4.6325, "volume": 13516, "typical_volume": 57801.1, "trend": 4.270743, "fair_value": 17.158479, "relative_strength": -17.512837, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.198257, "energy": 10.911453, "activity_lines": [ 4.521807, 4.4769, 4.567921, 4.490328 ] }, { "date": "2024-05-10", "close": 4.61, "volume": 23757, "typical_volume": 56149.0, "trend": 4.292577, "fair_value": 16.918351, "relative_strength": -18.073266, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.921868, "energy": 12.456071, "activity_lines": [ 4.547973, 4.499493, 4.56741, 4.512215 ] }, { "date": "2024-05-17", "close": 4.55, "volume": 62465, "typical_volume": 53906.35, "trend": 4.32958, "fair_value": 16.647325, "relative_strength": -19.813006, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.67135, "energy": 12.247671, "activity_lines": [ 4.558487, 4.514813, 4.563232, 4.528823 ] }, { "date": "2024-05-24", "close": 4.38, "volume": 52412, "typical_volume": 53534.75, "trend": 4.371913, "fair_value": 16.394056, "relative_strength": -22.807587, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 20.994804, "energy": 9.49376, "activity_lines": [ 4.50766, 4.498827, 4.542959, 4.532076 ] }, { "date": "2024-05-31", "close": 4.33, "volume": 76334, "typical_volume": 54340.7, "trend": 4.398247, "fair_value": 16.157069, "relative_strength": -21.467599, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 0.861336, "energy": 3.12557, "activity_lines": [ 4.444833, 4.473933, 4.518257, 4.529372 ] }, { "date": "2024-06-07", "close": 4.5899, "volume": 85461, "typical_volume": 57322.4, "trend": 4.461243, "fair_value": 15.92444, "relative_strength": -17.927534, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 10.32158, "energy": 6.264658, "activity_lines": [ 4.474633, 4.495384, 4.519879, 4.541737 ] }, { "date": "2024-06-14", "close": 4.4493, "volume": 33507, "typical_volume": 55896.65, "trend": 4.50922, "fair_value": 15.702577, "relative_strength": -22.294698, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.278994, "energy": 10.357583, "activity_lines": [ 4.460407, 4.484031, 4.507015, 4.540966 ] }, { "date": "2024-06-21", "close": 4.38, "volume": 33702, "typical_volume": 54944.0, "trend": 4.546887, "fair_value": 15.484307, "relative_strength": -22.721787, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.148363, "energy": 23.694203, "activity_lines": [ 4.433793, 4.464185, 4.48846, 4.532629 ] }, { "date": "2024-06-28", "close": 4.28, "volume": 71416, "typical_volume": 53560.7, "trend": 4.574553, "fair_value": 15.270333, "relative_strength": -23.626639, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -49.757286, "energy": 26.240066, "activity_lines": [ 4.38518, 4.427975, 4.461143, 4.515411 ] }, { "date": "2024-07-05", "close": 4.2967, "volume": 10853, "typical_volume": 44717.1, "trend": 4.578777, "fair_value": 15.068132, "relative_strength": -25.038302, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -49.691811, "energy": 32.931979, "activity_lines": [ 4.3488, 4.397891, 4.438035, 4.497485 ] }, { "date": "2024-07-12", "close": 4.26, "volume": 20381, "typical_volume": 43002.7, "trend": 4.547777, "fair_value": 14.871081, "relative_strength": -24.614257, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -50.904096, "energy": 37.159366, "activity_lines": [ 4.302407, 4.363375, 4.416543, 4.476918 ] }, { "date": "2024-07-19", "close": 4.7499, "volume": 79755, "typical_volume": 43482.45, "trend": 4.538107, "fair_value": 14.669093, "relative_strength": -11.665565, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -22.420661, "energy": 10.817864, "activity_lines": [ 4.441307, 4.424704, 4.445185, 4.489959 ] }, { "date": "2024-07-26", "close": 5.42, "volume": 32888, "typical_volume": 41520.85, "trend": 4.56644, "fair_value": 14.479927, "relative_strength": 3.96286, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 29.475445, "energy": 33.083926, "activity_lines": [ 4.783533, 4.605325, 4.537931, 4.546855 ] }, { "date": "2024-08-02", "close": 5.04, "volume": 26567, "typical_volume": 41204.65, "trend": 4.586107, "fair_value": 14.297747, "relative_strength": 0.673029, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 28.218443, "energy": 43.639315, "activity_lines": [ 4.92976, 4.701038, 4.590241, 4.577407 ] }, { "date": "2024-08-09", "close": 4.84, "volume": 117851, "typical_volume": 44828.75, "trend": 4.592107, "fair_value": 14.122811, "relative_strength": -2.606747, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 52.935748, "energy": 53.699175, "activity_lines": [ 4.958653, 4.748387, 4.620408, 4.593788 ] }, { "date": "2024-08-16", "close": 4.38, "volume": 32521, "typical_volume": 43937.45, "trend": 4.592773, "fair_value": 13.962427, "relative_strength": -15.263783, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 12.209767, "energy": 30.473817, "activity_lines": [ 4.797993, 4.702827, 4.604098, 4.580103 ] }, { "date": "2024-08-23", "close": 4.45, "volume": 21243, "typical_volume": 42688.5, "trend": 4.58644, "fair_value": 13.766144, "relative_strength": -13.615002, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -1.286256, "energy": 2.410331, "activity_lines": [ 4.652667, 4.673811, 4.593559, 4.570892 ] }, { "date": "2024-08-30", "close": 4.5, "volume": 15195, "typical_volume": 42068.75, "trend": 4.585107, "fair_value": 13.534734, "relative_strength": -10.975102, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -5.552011, "energy": 9.934703, "activity_lines": [ 4.544, 4.653873, 4.588853, 4.565315 ] }, { "date": "2024-09-06", "close": 4.37, "volume": 29925, "typical_volume": 42632.9, "trend": 4.569773, "fair_value": 13.296657, "relative_strength": -7.097699, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -13.809097, "energy": 17.59798, "activity_lines": [ 4.453333, 4.608116, 4.571671, 4.551437 ] }, { "date": "2024-09-13", "close": 4.369, "volume": 16644, "typical_volume": 42819.65, "trend": 4.536407, "fair_value": 13.060818, "relative_strength": -11.034529, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -5.726651, "energy": 13.235133, "activity_lines": [ 4.407, 4.560542, 4.554775, 4.538484 ] }, { "date": "2024-09-20", "close": 4.49, "volume": 43962, "typical_volume": 44341.95, "trend": 4.51974, "fair_value": 12.723894, "relative_strength": -8.649521, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -11.552213, "energy": 12.98848, "activity_lines": [ 4.4324, 4.533653, 4.549645, 4.53549 ] }, { "date": "2024-09-27", "close": 4.29, "volume": 29495, "typical_volume": 44628.85, "trend": 4.502407, "fair_value": 12.441779, "relative_strength": -13.019099, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -17.450217, "energy": 17.88321, "activity_lines": [ 4.3838, 4.466218, 4.526146, 4.520668 ] }, { "date": "2024-10-04", "close": 4.26, "volume": 87745, "typical_volume": 45892.85, "trend": 4.493467, "fair_value": 12.12492, "relative_strength": -13.224628, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -25.950365, "energy": 17.749697, "activity_lines": [ 4.335867, 4.401691, 4.501314, 4.505029 ] }, { "date": "2024-10-11", "close": 4.0477, "volume": 107926, "typical_volume": 48668.55, "trend": 4.482057, "fair_value": 11.800418, "relative_strength": -18.137065, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -59.609366, "energy": 37.590616, "activity_lines": [ 4.233167, 4.319655, 4.457643, 4.47627 ] }, { "date": "2024-10-18", "close": 4.06, "volume": 54335, "typical_volume": 47568.6, "trend": 4.474723, "fair_value": 11.480931, "relative_strength": -17.827222, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -58.680133, "energy": 47.470306, "activity_lines": [ 4.156053, 4.257896, 4.416727, 4.449041 ] }, { "date": "2024-10-25", "close": 3.4, "volume": 85471, "typical_volume": 47569.1, "trend": 4.448333, "fair_value": 11.13388, "relative_strength": -31.010835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.422923, "energy": 68.673938, "activity_lines": [ 3.87954, 4.09032, 4.314239, 4.379704 ] }, { "date": "2024-11-01", "close": 3.2, "volume": 514678, "typical_volume": 71627.65, "trend": 4.39916, "fair_value": 10.813367, "relative_strength": -33.616646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.120886, "energy": 78.009833, "activity_lines": [ 3.609027, 3.904198, 4.198369, 4.299166 ] }, { "date": "2024-11-08", "close": 2.42, "volume": 315940, "typical_volume": 85739.55, "trend": 4.330497, "fair_value": 10.516572, "relative_strength": -52.175248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.381968, "energy": 90.335283, "activity_lines": [ 3.15118, 3.598985, 4.014163, 4.171478 ] }, { "date": "2024-11-15", "close": 2.1, "volume": 89160, "typical_volume": 86626.75, "trend": 4.252163, "fair_value": 10.230739, "relative_strength": -56.724542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.306511, "energy": 96.045581, "activity_lines": [ 2.709333, 3.273409, 3.808814, 4.027575 ] }, { "date": "2024-11-22", "close": 2.17, "volume": 72277, "typical_volume": 89697.95, "trend": 4.177167, "fair_value": 9.951187, "relative_strength": -55.73915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.080982, "energy": 92.818425, "activity_lines": [ 2.420667, 3.001833, 3.620512, 3.893242 ] }, { "date": "2024-11-29", "close": 2.44, "volume": 89580, "typical_volume": 93157.9, "trend": 4.104083, "fair_value": 9.726764, "relative_strength": -50.210593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.287651, "energy": 88.308903, "activity_lines": [ 2.348, 2.819329, 3.468052, 3.781167 ] }, { "date": "2024-12-06", "close": 1.77, "volume": 319690, "typical_volume": 105154.65, "trend": 4.009417, "fair_value": 9.494457, "relative_strength": -64.509315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.733056, "energy": 92.532907, "activity_lines": [ 2.116, 2.55228, 3.26045, 3.630581 ] }, { "date": "2024-12-13", "close": 1.9361, "volume": 107819, "typical_volume": 108901.2, "trend": 3.922287, "fair_value": 9.25065, "relative_strength": -60.738497, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.457881, "energy": 82.033425, "activity_lines": [ 2.0347, 2.361249, 3.082856, 3.496818 ] }, { "date": "2024-12-20", "close": 1.73, "volume": 94577, "typical_volume": 112301.7, "trend": 3.833953, "fair_value": 8.971419, "relative_strength": -63.4291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.241486, "energy": 69.536826, "activity_lines": [ 1.91696, 2.174998, 2.902223, 3.355381 ] }, { "date": "2024-12-27", "close": 1.85, "volume": 94479, "typical_volume": 111133.1, "trend": 3.751287, "fair_value": 8.73065, "relative_strength": -60.608835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.137719, "energy": 66.620279, "activity_lines": [ 1.863887, 2.052705, 2.748781, 3.227384 ] }, { "date": "2025-01-03", "close": 1.88, "volume": 119103, "typical_volume": 115462.2, "trend": 3.660957, "fair_value": 8.501291, "relative_strength": -58.990918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.582729, "energy": 64.602164, "activity_lines": [ 1.842147, 1.976049, 2.612435, 3.106655 ] }, { "date": "2025-01-10", "close": 1.775, "volume": 34804, "typical_volume": 116140.25, "trend": 3.571813, "fair_value": 8.276643, "relative_strength": -59.715484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.004469, "energy": 64.946539, "activity_lines": [ 1.82274, 1.907938, 2.477993, 2.984981 ] }, { "date": "2025-01-17", "close": 1.7001, "volume": 54940, "typical_volume": 118127.5, "trend": 3.482483, "fair_value": 8.092349, "relative_strength": -61.887784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.9275, "energy": 63.833888, "activity_lines": [ 1.778033, 1.852118, 2.349156, 2.864225 ] }, { "date": "2025-01-24", "close": 2.23, "volume": 329253, "typical_volume": 133093.9, "trend": 3.41415, "fair_value": 7.940618, "relative_strength": -49.988175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.857108, "energy": 51.358988, "activity_lines": [ 1.925693, 1.905733, 2.284118, 2.78342 ] }, { "date": "2025-01-31", "close": 1.905, "volume": 116725, "typical_volume": 138097.95, "trend": 3.334427, "fair_value": 7.764368, "relative_strength": -55.972728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.255459, "energy": 47.162377, "activity_lines": [ 1.931687, 1.897893, 2.198319, 2.686055 ] }, { "date": "2025-02-07", "close": 1.9117, "volume": 77958, "typical_volume": 139797.75, "trend": 3.25615, "fair_value": 7.602071, "relative_strength": -55.093349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.058092, "energy": 44.925214, "activity_lines": [ 1.936247, 1.896089, 2.12489, 2.594266 ] }, { "date": "2025-02-14", "close": 2.69, "volume": 116144624, "typical_volume": 5945554.2, "trend": 3.187487, "fair_value": 7.461366, "relative_strength": -37.484509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.753526, "energy": 19.607349, "activity_lines": [ 2.198127, 2.0454, 2.137864, 2.557741 ] }, { "date": "2025-02-21", "close": 2.43, "volume": 681639, "typical_volume": 5975248.9, "trend": 3.08782, "fair_value": 7.313161, "relative_strength": -41.260207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.964836, "energy": 18.625849, "activity_lines": [ 2.31234, 2.130711, 2.133694, 2.508871 ] }, { "date": "2025-02-28", "close": 2.19, "volume": 233994, "typical_volume": 5981552.3, "trend": 2.99282, "fair_value": 7.18361, "relative_strength": -44.303939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.341316, "energy": 15.113801, "activity_lines": [ 2.297893, 2.163405, 2.115382, 2.450947 ] }, { "date": "2025-03-07", "close": 2.33, "volume": 355447, "typical_volume": 5996607.9, "trend": 2.909153, "fair_value": 7.06393, "relative_strength": -37.899686, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.889657, "energy": 16.506152, "activity_lines": [ 2.33278, 2.213191, 2.119249, 2.408184 ] }, { "date": "2025-03-14", "close": 2.39, "volume": 155503, "typical_volume": 6000109.5, "trend": 2.84282, "fair_value": 6.899315, "relative_strength": -33.823191, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.42503, "energy": 10.668254, "activity_lines": [ 2.359333, 2.265158, 2.137069, 2.37469 ] }, { "date": "2025-03-21", "close": 2.5, "volume": 166618, "typical_volume": 5982706.5, "trend": 2.77782, "fair_value": 6.771302, "relative_strength": -30.15644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.598626, "energy": 7.560737, "activity_lines": [ 2.390667, 2.327853, 2.170174, 2.352573 ] }, { "date": "2025-03-28", "close": 2.5, "volume": 66661, "typical_volume": 5970242.55, "trend": 2.711153, "fair_value": 6.655405, "relative_strength": -27.71138, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.11945, "energy": 10.04318, "activity_lines": [ 2.434667, 2.377365, 2.206612, 2.334649 ] }, { "date": "2025-04-04", "close": 2.31, "volume": 60922, "typical_volume": 5968830.65, "trend": 2.642487, "fair_value": 6.549507, "relative_strength": -24.871927, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.937986, "energy": 9.573583, "activity_lines": [ 2.410667, 2.377789, 2.224575, 2.308768 ] }, { "date": "2025-04-11", "close": 2.2537, "volume": 36215, "typical_volume": 5967027.55, "trend": 2.571977, "fair_value": 6.436967, "relative_strength": -30.847883, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.688171, "energy": 10.37469, "activity_lines": [ 2.3599, 2.366522, 2.236175, 2.283685 ] }, { "date": "2025-04-18", "close": 2.2601, "volume": 30469, "typical_volume": 5964072.0, "trend": 2.497647, "fair_value": 6.338378, "relative_strength": -27.94025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.734594, "energy": 9.964658, "activity_lines": [ 2.316353, 2.350078, 2.247987, 2.263564 ] }, { "date": "2025-04-25", "close": 2.36, "volume": 47126, "typical_volume": 5950443.8, "trend": 2.433313, "fair_value": 6.253891, "relative_strength": -28.246667, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.943437, "energy": 8.641442, "activity_lines": [ 2.314767, 2.345464, 2.270169, 2.254684 ] }, { "date": "2025-05-02", "close": 2.3841, "volume": 28563, "typical_volume": 5946481.0, "trend": 2.370783, "fair_value": 6.170007, "relative_strength": -28.78024, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.216918, "energy": 7.200066, "activity_lines": [ 2.330547, 2.351231, 2.291837, 2.251509 ] }, { "date": "2025-05-09", "close": 2.045, "volume": 119125, "typical_volume": 5947708.4, "trend": 2.304027, "fair_value": 6.100103, "relative_strength": -37.700076, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.094949, "energy": 13.990777, "activity_lines": [ 2.24102, 2.296178, 2.279077, 2.23049 ] }, { "date": "2025-05-16", "close": 2.03, "volume": 99093, "typical_volume": 5947939.1, "trend": 2.23636, "fair_value": 6.031449, "relative_strength": -41.08329, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.017457, "energy": 26.315799, "activity_lines": [ 2.16416, 2.241035, 2.263388, 2.212811 ] }, { "date": "2025-05-23", "close": 1.96, "volume": 61129, "typical_volume": 5945040.4, "trend": 2.18836, "fair_value": 5.956064, "relative_strength": -40.748524, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.912085, "energy": 41.182581, "activity_lines": [ 2.07888, 2.178618, 2.240175, 2.194982 ] }, { "date": "2025-05-30", "close": 1.96, "volume": 397429, "typical_volume": 5963171.65, "trend": 2.147027, "fair_value": 5.875295, "relative_strength": -40.843611, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.751389, "energy": 50.868205, "activity_lines": [ 2.013607, 2.12402, 2.216581, 2.180249 ] }, { "date": "2025-06-06", "close": 1.83, "volume": 114454, "typical_volume": 5966147.35, "trend": 2.12736, "fair_value": 5.801769, "relative_strength": -44.80956, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.338378, "energy": 59.943924, "activity_lines": [ 1.931667, 2.055604, 2.179725, 2.159795 ] }, { "date": "2025-06-13", "close": 1.92, "volume": 72333, "typical_volume": 5953301.35, "trend": 2.12136, "fair_value": 5.741385, "relative_strength": -40.732117, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.772087, "energy": 56.033868, "activity_lines": [ 1.916667, 2.015733, 2.150822, 2.146417 ] }, { "date": "2025-06-20", "close": 1.96, "volume": 62749, "typical_volume": 5950602.55, "trend": 2.11436, "fair_value": 5.680808, "relative_strength": -38.431503, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.075313, "energy": 50.403968, "activity_lines": [ 1.923333, 1.990225, 2.127205, 2.136007 ] }, { "date": "2025-06-27", "close": 2.05, "volume": 68609, "typical_volume": 5950135.1, "trend": 2.10136, "fair_value": 5.622154, "relative_strength": -37.123024, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.11128, "energy": 27.639982, "activity_lines": [ 1.964667, 1.986422, 2.111898, 2.131855 ] }, { "date": "2025-07-04", "close": 2.08, "volume": 41745, "typical_volume": 144991.15, "trend": 2.111693, "fair_value": 5.551577, "relative_strength": -36.109079, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.124885, "energy": 14.258704, "activity_lines": [ 2.01, 1.991893, 2.098789, 2.130477 ] }, { "date": "2025-07-11", "close": 2.09, "volume": 73907, "typical_volume": 114604.55, "trend": 2.116823, "fair_value": 5.491385, "relative_strength": -34.516667, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.543671, "energy": 10.133622, "activity_lines": [ 2.050667, 2.004273, 2.089537, 2.129077 ] }, { "date": "2025-07-18", "close": 2.4, "volume": 405034, "typical_volume": 123156.55, "trend": 2.139157, "fair_value": 5.431385, "relative_strength": -24.289854, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.966105, "energy": 23.412664, "activity_lines": [ 2.177333, 2.078364, 2.111428, 2.147346 ] }, { "date": "2025-07-25", "close": 2.38, "volume": 149283, "typical_volume": 112848.35, "trend": 2.156823, "fair_value": 5.365872, "relative_strength": -23.629679, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.006794, "energy": 31.251517, "activity_lines": [ 2.265333, 2.142364, 2.130414, 2.162885 ] }, { "date": "2025-08-01", "close": 2.14, "volume": 110964, "typical_volume": 110621.4, "trend": 2.16549, "fair_value": 5.283116, "relative_strength": -27.910343, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.644169, "energy": 21.113508, "activity_lines": [ 2.245333, 2.156364, 2.126305, 2.161799 ] }, { "date": "2025-08-08", "close": 2.12, "volume": 94072, "typical_volume": 106994.1, "trend": 2.17699, "fair_value": 5.204269, "relative_strength": -29.349423, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.036766, "energy": 17.973897, "activity_lines": [ 2.212667, 2.163455, 2.121481, 2.158865 ] }, { "date": "2025-08-15", "close": 2.235, "volume": 82973, "typical_volume": 107809.7, "trend": 2.19482, "fair_value": 5.128853, "relative_strength": -24.372954, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.442118, "energy": 12.824234, "activity_lines": [ 2.215667, 2.188545, 2.12942, 2.162607 ] }, { "date": "2025-08-22", "close": 2.4, "volume": 147198, "typical_volume": 112123.5, "trend": 2.200487, "fair_value": 5.064366, "relative_strength": -16.417516, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.102963, "energy": 16.214231, "activity_lines": [ 2.264, 2.236273, 2.154335, 2.175845 ] }, { "date": "2025-08-29", "close": 2.32, "volume": 98383, "typical_volume": 115231.9, "trend": 2.21432, "fair_value": 5.000263, "relative_strength": -17.258944, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.402056, "energy": 15.750305, "activity_lines": [ 2.285667, 2.260727, 2.171202, 2.183555 ] }, { "date": "2025-09-05", "close": 2.53, "volume": 56873, "typical_volume": 116552.1, "trend": 2.23493, "fair_value": 4.935712, "relative_strength": -8.727154, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.609442, "energy": 44.325411, "activity_lines": [ 2.381333, 2.316818, 2.207753, 2.203922 ] }, { "date": "2025-09-12", "close": 2.4, "volume": 25555, "typical_volume": 115473.55, "trend": 2.225263, "fair_value": 4.874814, "relative_strength": -13.19425, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.327774, "energy": 43.497206, "activity_lines": [ 2.407667, 2.340545, 2.230639, 2.214571 ] }, { "date": "2025-09-19", "close": 2.47, "volume": 52872, "typical_volume": 116689.0, "trend": 2.226597, "fair_value": 4.828276, "relative_strength": -10.644189, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.281336, "energy": 55.232984, "activity_lines": [ 2.438667, 2.371182, 2.26, 2.230361 ] }, { "date": "2025-09-26", "close": 2.49, "volume": 173346, "typical_volume": 119400.05, "trend": 2.236597, "fair_value": 4.802897, "relative_strength": -7.714304, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.906859, "energy": 57.850481, "activity_lines": [ 2.460667, 2.398545, 2.290857, 2.247354 ] }, { "date": "2025-10-03", "close": 2.56, "volume": 1894446, "typical_volume": 209167.7, "trend": 2.244263, "fair_value": 4.772192, "relative_strength": -4.40895, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.57708, "energy": 46.915227, "activity_lines": [ 2.5, 2.437, 2.326262, 2.268219 ] }, { "date": "2025-10-10", "close": 2.49, "volume": 537578, "typical_volume": 232990.15, "trend": 2.247597, "fair_value": 4.744731, "relative_strength": -3.177516, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.448629, "energy": 35.1351, "activity_lines": [ 2.5, 2.459455, 2.352476, 2.284073 ] }, { "date": "2025-10-17", "close": 2.3574, "volume": 118256, "typical_volume": 219031.5, "trend": 2.242843, "fair_value": 4.715034, "relative_strength": -8.774075, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.113337, "energy": 30.593868, "activity_lines": [ 2.458467, 2.451436, 2.363538, 2.291157 ] }, { "date": "2025-10-24", "close": 2.74, "volume": 177163, "typical_volume": 222166.95, "trend": 2.250843, "fair_value": 4.687277, "relative_strength": 4.929204, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.896264, "energy": 40.29701, "activity_lines": [ 2.547307, 2.508665, 2.409146, 2.323232 ] }, { "date": "2025-10-31", "close": 1.86, "volume": 17141401, "typical_volume": 1075620.35, "trend": 2.235843, "fair_value": 4.659812, "relative_strength": -28.949636, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 6.301857, "energy": 7.975015, "activity_lines": [ 2.324813, 2.396713, 2.36661, 2.298016 ] }, { "date": "2025-11-07", "close": 1.71, "volume": 692766, "typical_volume": 1107121.2, "trend": 2.21772, "fair_value": 4.628984, "relative_strength": -32.003045, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -33.151469, "energy": 30.243951, "activity_lines": [ 2.09432, 2.267305, 2.310075, 2.264091 ] }, { "date": "2025-11-14", "close": 1.745, "volume": 185129, "typical_volume": 1112947.2, "trend": 2.20055, "fair_value": 4.603003, "relative_strength": -30.059166, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.61383, "energy": 49.738387, "activity_lines": [ 1.93216, 2.155353, 2.258064, 2.233593 ] }, { "date": "2025-11-21", "close": 1.695, "volume": 97031, "typical_volume": 1115711.5, "trend": 2.178383, "fair_value": 4.573659, "relative_strength": -29.422676, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.314389, "energy": 59.072021, "activity_lines": [ 1.803, 2.048582, 2.202743, 2.200977 ] }, { "date": "2025-11-28", "close": 1.75, "volume": 87930, "typical_volume": 1116412.65, "trend": 2.157247, "fair_value": 4.540898, "relative_strength": -29.908372, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.241054, "energy": 65.453968, "activity_lines": [ 1.736333, 1.964629, 2.154493, 2.173339 ] }, { "date": "2025-12-05", "close": 1.76, "volume": 165400, "typical_volume": 1104430.95, "trend": 2.147747, "fair_value": 4.513141, "relative_strength": -30.021047, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.558889, "energy": 70.594946, "activity_lines": [ 1.739, 1.895585, 2.108815, 2.14771 ] }, { "date": "2025-12-12", "close": 1.74, "volume": 175339, "typical_volume": 1105733.75, "trend": 2.13808, "fair_value": 4.481618, "relative_strength": -29.196947, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.327451, "energy": 59.139191, "activity_lines": [ 1.741667, 1.836178, 2.06428, 2.121404 ] }, { "date": "2025-12-19", "close": 1.48, "volume": 214389, "typical_volume": 1110905.0, "trend": 2.12208, "fair_value": 4.396425, "relative_strength": -39.835645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.565749, "energy": 58.05811, "activity_lines": [ 1.655667, 1.744407, 1.99803, 2.078947 ] }, { "date": "2025-12-26", "close": 1.44, "volume": 192322, "typical_volume": 1115817.5, "trend": 2.104747, "fair_value": 4.308733, "relative_strength": -41.827345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.16287, "energy": 55.30391, "activity_lines": [ 1.574, 1.663727, 1.931114, 2.034942 ] }, { "date": "2026-01-02", "close": 1.5, "volume": 371374, "typical_volume": 1130237.55, "trend": 2.093747, "fair_value": 4.204374, "relative_strength": -37.979239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.643785, "energy": 60.828675, "activity_lines": [ 1.529333, 1.610636, 1.87315, 1.995926 ] }, { "date": "2026-01-09", "close": 1.5, "volume": 122029, "typical_volume": 1128979.1, "trend": 2.079747, "fair_value": 4.100912, "relative_strength": -38.984118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.533714, "energy": 68.489435, "activity_lines": [ 1.501333, 1.580091, 1.818687, 1.95762 ] }, { "date": "2026-01-16", "close": 1.46, "volume": 125775, "typical_volume": 1130348.7, "trend": 2.06308, "fair_value": 4.043861, "relative_strength": -39.823153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.45625, "energy": 64.672734, "activity_lines": [ 1.477333, 1.548818, 1.764699, 1.917636 ] }, { "date": "2026-01-23", "close": 1.45, "volume": 143393, "typical_volume": 1134674.7, "trend": 2.04308, "fair_value": 3.986746, "relative_strength": -39.811386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.592125, "energy": 65.129662, "activity_lines": [ 1.468667, 1.520273, 1.713854, 1.878083 ] }, { "date": "2026-01-30", "close": 1.17, "volume": 703626, "typical_volume": 1168578.25, "trend": 2.012747, "fair_value": 3.927836, "relative_strength": -50.932431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.43274, "energy": 89.55832, "activity_lines": [ 1.368667, 1.446182, 1.641486, 1.821755 ] }, { "date": "2026-02-06", "close": 1.12, "volume": 963329, "typical_volume": 1214101.1, "trend": 1.980413, "fair_value": 3.8704, "relative_strength": -51.642302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.388932, "energy": 90.426386, "activity_lines": [ 1.27, 1.372545, 1.570212, 1.764158 ] }, { "date": "2026-02-13", "close": 1.02, "volume": 463737, "typical_volume": 1228620.65, "trend": 1.934413, "fair_value": 3.812776, "relative_strength": -54.629803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.016316, "energy": 91.810612, "activity_lines": [ 1.163333, 1.292182, 1.495844, 1.702196 ] }, { "date": "2026-02-20", "close": 0.8, "volume": 6229072, "typical_volume": 1445351.95, "trend": 1.881747, "fair_value": 3.755084, "relative_strength": -64.204854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.379934, "energy": 94.040995, "activity_lines": [ 1.015333, 1.185273, 1.407523, 1.629008 ] }, { "date": "2026-02-27", "close": 2.2, "volume": 153796826, "typical_volume": 9108314.35, "trend": 1.883747, "fair_value": 3.704122, "relative_strength": -0.94932, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.593961, "energy": 23.198486, "activity_lines": [ 1.378, 1.35, 1.460916, 1.649541 ] }, { "date": "2026-03-06", "close": 6.52, "volume": 71400789, "typical_volume": 12672441.0, "trend": 2.030413, "fair_value": 3.689827, "relative_strength": 187.989029, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.881776, "energy": 53.300957, "activity_lines": [ 3.130667, 2.287091, 1.927119, 1.948654 ] }, { "date": "2026-03-13", "close": 5.96, "volume": 10333572, "typical_volume": 13180261.45, "trend": 2.15458, "fair_value": 3.683407, "relative_strength": 159.282407, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.260527, "energy": 74.206522, "activity_lines": [ 4.34, 3.03, 2.320167, 2.202175 ] }, { "date": "2026-03-20", "close": 7.35, "volume": 14712152, "typical_volume": 13058799.0, "trend": 2.31958, "fair_value": 3.68251, "relative_strength": 214.591145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.557188, "energy": 75.168481, "activity_lines": [ 5.69, 3.944545, 2.830262, 2.537364 ] }, { "date": "2026-03-27", "close": 5.82, "volume": 3119479, "typical_volume": 13180134.65, "trend": 2.436247, "fair_value": 3.67889, "relative_strength": 151.408533, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.241927, "energy": 87.139436, "activity_lines": [ 6.108, 4.474545, 3.1685, 2.763197 ] }, { "date": "2026-04-03", "close": 6.14, "volume": 1418384, "typical_volume": 13241797.4, "trend": 2.55658, "fair_value": 3.675648, "relative_strength": 149.245915, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.992509, "energy": 81.495413, "activity_lines": [ 6.298, 4.983455, 3.517643, 3.002149 ] }, { "date": "2026-04-10", "close": 5.52, "volume": 909873, "typical_volume": 13282439.5, "trend": 2.66058, "fair_value": 3.663917, "relative_strength": 110.615509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.156185, "energy": 58.357335, "activity_lines": [ 6.018667, 5.294364, 3.78681, 3.193338 ] }, { "date": "2026-04-17", "close": 5.93, "volume": 1318038, "typical_volume": 13343944.9, "trend": 2.775913, "fair_value": 3.653468, "relative_strength": 109.30691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.800914, "energy": 49.045751, "activity_lines": [ 5.942667, 5.600727, 4.07681, 3.404268 ] }, { "date": "2026-04-24", "close": 7.26, "volume": 1184948, "typical_volume": 13394922.3, "trend": 2.934913, "fair_value": 3.64975, "relative_strength": 144.344364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.028099, "energy": 51.525065, "activity_lines": [ 6.312, 6.061455, 4.473571, 3.693564 ] }, { "date": "2026-05-01", "close": 17.59, "volume": 17036244, "typical_volume": 14237967.55, "trend": 3.435913, "fair_value": 3.714943, "relative_strength": 434.327865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.216375, "energy": 70.159691, "activity_lines": [ 10.130667, 8.286909, 5.827952, 4.639053 ] }, { "date": "2026-05-08", "close": 16.3, "volume": 2019036, "typical_volume": 14328199.9, "trend": 3.896247, "fair_value": 3.779853, "relative_strength": 337.116417, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.266698, "energy": 89.754056, "activity_lines": [ 12.734667, 9.972545, 6.984, 5.468994 ] }, { "date": "2026-05-15", "close": 13.05, "volume": 1300938, "typical_volume": 14383630.7, "trend": 4.252667, "fair_value": 3.823127, "relative_strength": 233.365507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.626127, "energy": 82.748717, "activity_lines": [ 13.578, 10.810909, 7.759952, 6.059559 ] }, { "date": "2026-05-22", "close": 10.46, "volume": 2498611, "typical_volume": 14489992.55, "trend": 4.51, "fair_value": 3.849347, "relative_strength": 154.500406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.676474, "energy": 71.861275, "activity_lines": [ 13.056, 11.059636, 8.233952, 6.460032 ] }, { "date": "2026-05-29", "close": 7.22, "volume": 1304675, "typical_volume": 14549124.85, "trend": 4.688667, "fair_value": 3.855491, "relative_strength": 67.361232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.695264, "energy": 43.6705, "activity_lines": [ 11.152, 10.637455, 8.356714, 6.634871 ] }, { "date": "2026-06-05", "close": 5.46, "volume": 1660826, "typical_volume": 14625877.4, "trend": 4.813667, "fair_value": 3.850106, "relative_strength": 30.692605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.753953, "energy": 20.112612, "activity_lines": [ 8.664, 9.897636, 8.284619, 6.684634 ] }, { "date": "2026-06-12", "close": 5.8, "volume": 1440070, "typical_volume": 14690711.25, "trend": 4.948833, "fair_value": 3.849593, "relative_strength": 33.794202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.611604, "energy": 24.575679, "activity_lines": [ 7.098, 9.226182, 8.225857, 6.748269 ] }, { "date": "2026-06-19", "close": 7.35, "volume": 863140, "typical_volume": 14698686.95, "trend": 5.137333, "fair_value": 3.858133, "relative_strength": 61.928344, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.146693, "energy": 26.624359, "activity_lines": [ 6.748667, 8.842727, 8.294, 6.903183 ] }, { "date": "2026-06-26", "close": 8.19, "volume": 577783, "typical_volume": 14679409.65, "trend": 5.352, "fair_value": 3.874246, "relative_strength": 84.404507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.140378, "energy": 22.113509, "activity_lines": [ 7.059333, 8.578727, 8.412714, 7.100129 ] }, { "date": "2026-07-03", "close": 7.5, "volume": 382708, "typical_volume": 14675358.2, "trend": 5.543333, "fair_value": 3.884631, "relative_strength": 64.029826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.216548, "energy": 12.55349, "activity_lines": [ 7.291333, 8.148182, 8.432048, 7.23871 ] }, { "date": "2026-07-10", "close": 7.01, "volume": 272411, "typical_volume": 14377525.15, "trend": 5.719, "fair_value": 3.892193, "relative_strength": 47.978563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.114083, "energy": 7.242983, "activity_lines": [ 7.341333, 7.624182, 8.373857, 7.333333 ] }, { "date": "2026-07-17", "close": 6.6, "volume": 240309, "typical_volume": 6699699.3, "trend": 5.889667, "fair_value": 3.897477, "relative_strength": 43.177967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.906332, "energy": 6.670333, "activity_lines": [ 7.151333, 7.218, 8.247048, 7.390172 ] }, { "date": "2026-07-24", "close": 5.25, "volume": 349611, "typical_volume": 3147140.4, "trend": 6.016667, "fair_value": 3.895709, "relative_strength": 14.590664, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.79091, "energy": 11.268263, "activity_lines": [ 6.458, 6.742727, 7.970714, 7.348903 ] }, { "date": "2026-07-31", "close": 5.11, "volume": 441358, "typical_volume": 2652529.7, "trend": 6.137, "fair_value": 3.888974, "relative_strength": 9.805949, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.660761, "energy": 41.158642, "activity_lines": [ 5.858, 6.383818, 7.687095, 7.290409 ] }, { "date": "2026-08-07", "close": 5.27, "volume": 183291, "typical_volume": 1926086.65, "trend": 6.262667, "fair_value": 3.88282, "relative_strength": 6.668682, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.320893, "energy": 48.318307, "activity_lines": [ 5.516667, 6.151273, 7.422762, 7.234473 ] } ], "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." } } }