{ "ticker": { "uuid": "5b5ce988-cd39-4230-b177-fb897d675f3a", "symbol": "VSL", "name": "Vulcan Steel Limited", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -15.045, "architecture_energy": 14.145, "architecture_maturity": 94.041, "architecture_confidence": 56.205, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 53.49, "rotation_up": 33.92, "upward_expansion": 19.47, "deceleration": 43.97, "rotation_down": 19.28, "downward_expansion": 53.47 }, "activity_lines": [ 5.31, 5.168909, 5.188381, 5.36869 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 5.6, "trend_reference": 5.744168, "distance_from_trend": -0.025098, "trend_direction": "Weakening", "fair_value": 6.838422, "distance_from_fair_value": -0.181098, "fair_value_direction": "Improving", "relative_strength": -15.678212, "relative_strength_direction": "Improving", "price_momentum": -0.151269, "excess_performance": -0.214975, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.025098, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.108173, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.181098, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.050755, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.156782, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.024402, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.151269, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.379559, "read": "Demand-led" } ], "volume": { "latest": 221329, "relative_activity": 1.05902, "balance": 1.379559, "dry_up": 1.372616, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.091071, "annualized_volatility": 0.377993, "from_high_reference": -0.295915, "from_low_reference": 0.220044 }, "levels": { "trend_reference": 5.744168, "fair_value_reference": 6.838422, "structural_low": 4.59, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 0.045349, "positive_rate": 0.6875, "directional_follow_through": 0.3125, "median_excess_return": 0.018756, "regime_survival": 0.75, "best_return": 0.191489, "worst_return": -0.140569, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.028543, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.009928, "regime_survival": 0.333333, "best_return": 0.164425, "worst_return": -0.136442, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.0332, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.0192, "regime_survival": 0.25, "best_return": 0.099813, "worst_return": -0.007237, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.042289, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.085374, "regime_survival": 0.666667, "best_return": -0.005316, "worst_return": -0.201534, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-20", "end": "2024-10-25", "tenure": "Developing", "return": -0.044232, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": -0.036411, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2025-02-07", "tenure": "Developing", "return": -0.024828, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": -0.0875, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.023501, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.094697, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": -0.089109, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-06", "end": "2025-09-19", "tenure": "Established", "return": 0.12596, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": 0.015412, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-14", "tenure": "New", "return": -0.048276, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2026-01-16", "tenure": "Developing", "return": 0.090648, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": -0.060811, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": -0.070943, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-08-07", "tenure": "Established", "return": -0.032815, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.23148, "volume": 217089, "typical_volume": 457755.05, "trend": 7.397859, "fair_value": 7.354279, "relative_strength": -0.420489, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.457774, "energy": 17.669913, "activity_lines": [ 7.207251, 7.327041, 7.315484, 7.315337 ] }, { "date": "2023-08-25", "close": 7.212842, "volume": 264812, "typical_volume": 450814.6, "trend": 7.364616, "fair_value": 7.352791, "relative_strength": -0.259565, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.063755, "energy": 19.279232, "activity_lines": [ 7.232723, 7.29451, 7.307629, 7.303401 ] }, { "date": "2023-09-01", "close": 7.259438, "volume": 207367, "typical_volume": 451124.15, "trend": 7.332322, "fair_value": 7.351818, "relative_strength": -1.879139, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.72822, "energy": 13.328178, "activity_lines": [ 7.245148, 7.273839, 7.304301, 7.296615 ] }, { "date": "2023-09-08", "close": 7.455134, "volume": 1104833, "typical_volume": 470079.4, "trend": 7.313203, "fair_value": 7.352883, "relative_strength": 2.359084, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.268683, "energy": 2.849837, "activity_lines": [ 7.322184, 7.289596, 7.319256, 7.304538 ] }, { "date": "2023-09-15", "close": 7.641513, "volume": 3851390, "typical_volume": 644931.7, "trend": 7.316929, "fair_value": 7.355828, "relative_strength": 3.006106, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.224424, "energy": 21.25676, "activity_lines": [ 7.430905, 7.342969, 7.352493, 7.32572 ] }, { "date": "2023-09-22", "close": 7.203524, "volume": 926941, "typical_volume": 677110.6, "trend": 7.303334, "fair_value": 7.35429, "relative_strength": -0.092482, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.015805, "energy": 12.514711, "activity_lines": [ 7.378719, 7.320942, 7.342242, 7.318403 ] }, { "date": "2023-09-29", "close": 7.080819, "volume": 269038, "typical_volume": 676725.5, "trend": 7.280508, "fair_value": 7.351555, "relative_strength": -1.608819, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.285994, "energy": 4.291249, "activity_lines": [ 7.287496, 7.291008, 7.320572, 7.304047 ] }, { "date": "2023-10-06", "close": 7.119355, "volume": 337067, "typical_volume": 603445.8, "trend": 7.266209, "fair_value": 7.349256, "relative_strength": 0.09714, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.975128, "energy": 10.902154, "activity_lines": [ 7.217919, 7.262686, 7.301868, 7.29365 ] }, { "date": "2023-10-13", "close": 7.138622, "volume": 347899, "typical_volume": 608002.75, "trend": 7.265599, "fair_value": 7.347191, "relative_strength": -1.137819, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.941921, "energy": 16.458226, "activity_lines": [ 7.164103, 7.240245, 7.284957, 7.285419 ] }, { "date": "2023-10-20", "close": 6.859243, "volume": 209523, "typical_volume": 576034.35, "trend": 7.26748, "fair_value": 7.342454, "relative_strength": -3.008609, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.258676, "energy": 49.57446, "activity_lines": [ 7.038262, 7.16446, 7.240993, 7.259202 ] }, { "date": "2023-10-27", "close": 6.984482, "volume": 268075, "typical_volume": 567997.6, "trend": 7.262042, "fair_value": 7.339012, "relative_strength": -0.255763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.203185, "energy": 49.729494, "activity_lines": [ 7.006318, 7.121603, 7.210596, 7.240944 ] }, { "date": "2023-11-03", "close": 7.013383, "volume": 121316, "typical_volume": 553022.0, "trend": 7.254772, "fair_value": 7.335911, "relative_strength": -1.894998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.199037, "energy": 44.95617, "activity_lines": [ 6.998611, 7.088491, 7.183906, 7.224902 ] }, { "date": "2023-11-10", "close": 6.945947, "volume": 447194, "typical_volume": 565814.45, "trend": 7.246808, "fair_value": 7.332232, "relative_strength": -2.769683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.081984, "energy": 44.43715, "activity_lines": [ 6.972921, 7.046745, 7.15263, 7.204978 ] }, { "date": "2023-11-17", "close": 6.917045, "volume": 195393, "typical_volume": 563953.45, "trend": 7.225144, "fair_value": 7.328351, "relative_strength": -4.172226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.865472, "energy": 33.988904, "activity_lines": [ 6.949158, 7.005444, 7.120317, 7.183703 ] }, { "date": "2023-11-24", "close": 6.994116, "volume": 360268, "typical_volume": 565912.15, "trend": 7.215989, "fair_value": 7.325257, "relative_strength": -2.95404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.510694, "energy": 28.08543, "activity_lines": [ 6.965857, 6.987939, 7.098882, 7.168798 ] }, { "date": "2023-12-01", "close": 7.080819, "volume": 483904, "typical_volume": 576944.3, "trend": 7.210035, "fair_value": 7.323014, "relative_strength": -2.143284, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.030414, "energy": 20.866232, "activity_lines": [ 7.002465, 6.997969, 7.089897, 7.160077 ] }, { "date": "2023-12-08", "close": 7.032651, "volume": 337210, "typical_volume": 556638.0, "trend": 7.213348, "fair_value": 7.320374, "relative_strength": -4.265466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.085191, "energy": 17.600096, "activity_lines": [ 7.016594, 7.001472, 7.080681, 7.148633 ] }, { "date": "2023-12-15", "close": 7.206059, "volume": 335404, "typical_volume": 537869.05, "trend": 7.216539, "fair_value": 7.319345, "relative_strength": -5.016395, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.501821, "energy": 13.387461, "activity_lines": [ 7.087242, 7.03738, 7.086797, 7.148163 ] }, { "date": "2023-12-22", "close": 7.379466, "volume": 185599, "typical_volume": 528946.8, "trend": 7.227684, "fair_value": 7.319881, "relative_strength": -3.351823, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.255388, "energy": 12.5172, "activity_lines": [ 7.198352, 7.10324, 7.109637, 7.158674 ] }, { "date": "2023-12-29", "close": 7.369833, "volume": 60518, "typical_volume": 526542.0, "trend": 7.233228, "fair_value": 7.320323, "relative_strength": -4.463995, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.263857, "energy": 18.28535, "activity_lines": [ 7.275422, 7.162969, 7.129746, 7.167845 ] }, { "date": "2024-01-05", "close": 7.177157, "volume": 112487, "typical_volume": 521311.9, "trend": 7.23297, "fair_value": 7.319068, "relative_strength": -5.543257, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.524859, "energy": 15.853164, "activity_lines": [ 7.263219, 7.178383, 7.131733, 7.164227 ] }, { "date": "2024-01-12", "close": 7.273495, "volume": 244467, "typical_volume": 520294.65, "trend": 7.228779, "fair_value": 7.318671, "relative_strength": -4.24353, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.576181, "energy": 17.731852, "activity_lines": [ 7.276706, 7.20781, 7.143155, 7.166842 ] }, { "date": "2024-01-19", "close": 7.15789, "volume": 148619, "typical_volume": 517357.25, "trend": 7.223841, "fair_value": 7.317285, "relative_strength": -4.564393, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.946762, "energy": 8.777417, "activity_lines": [ 7.235602, 7.211489, 7.143277, 7.162268 ] }, { "date": "2024-01-26", "close": 7.15789, "volume": 87185, "typical_volume": 466474.85, "trend": 7.207099, "fair_value": 7.315923, "relative_strength": -5.994432, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.035558, "energy": 3.489296, "activity_lines": [ 7.197709, 7.211313, 7.143883, 7.158014 ] }, { "date": "2024-02-02", "close": 7.119355, "volume": 448390, "typical_volume": 296324.85, "trend": 7.181928, "fair_value": 7.314257, "relative_strength": -7.961176, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.675333, "energy": 6.454663, "activity_lines": [ 7.161743, 7.199753, 7.142234, 7.152353 ] }, { "date": "2024-02-09", "close": 6.936313, "volume": 317036, "typical_volume": 265829.6, "trend": 7.146618, "fair_value": 7.311081, "relative_strength": -9.387513, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.964146, "energy": 16.751818, "activity_lines": [ 7.081462, 7.152635, 7.12564, 7.136507 ] }, { "date": "2024-02-16", "close": 6.907412, "volume": 445422, "typical_volume": 274648.8, "trend": 7.150726, "fair_value": 7.307717, "relative_strength": -9.71093, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.642044, "energy": 33.328008, "activity_lines": [ 7.007603, 7.10289, 7.107565, 7.121074 ] }, { "date": "2024-02-23", "close": 7.302396, "volume": 293820, "typical_volume": 272486.45, "trend": 7.152468, "fair_value": 7.307673, "relative_strength": -4.205257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.540342, "energy": 16.505203, "activity_lines": [ 7.089811, 7.127237, 7.127933, 7.130859 ] }, { "date": "2024-03-01", "close": 7.72112, "volume": 413203, "typical_volume": 275751.65, "trend": 7.176555, "fair_value": 7.311062, "relative_strength": 0.087659, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.262062, "energy": 26.614841, "activity_lines": [ 7.30196, 7.225964, 7.187309, 7.167546 ] }, { "date": "2024-03-08", "close": 7.642932, "volume": 217536, "typical_volume": 276152.3, "trend": 7.184058, "fair_value": 7.31376, "relative_strength": -2.050099, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.857721, "energy": 53.580379, "activity_lines": [ 7.450498, 7.304263, 7.236464, 7.197635 ] }, { "date": "2024-03-15", "close": 7.799309, "volume": 443536, "typical_volume": 284925.35, "trend": 7.202985, "fair_value": 7.317676, "relative_strength": 2.2692, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.876523, "energy": 68.688015, "activity_lines": [ 7.616256, 7.406029, 7.29678, 7.237329 ] }, { "date": "2024-03-22", "close": 8.092516, "volume": 243857, "typical_volume": 291052.4, "trend": 7.232308, "fair_value": 7.323875, "relative_strength": 4.616061, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.40929, "energy": 79.125796, "activity_lines": [ 7.822217, 7.549794, 7.381141, 7.294718 ] }, { "date": "2024-03-29", "close": 8.23912, "volume": 380180, "typical_volume": 287701.7, "trend": 7.264964, "fair_value": 7.331139, "relative_strength": 4.711617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.28675, "energy": 81.834181, "activity_lines": [ 7.998038, 7.705322, 7.474325, 7.359673 ] }, { "date": "2024-04-05", "close": 8.287987, "volume": 196878, "typical_volume": 287775.95, "trend": 7.292726, "fair_value": 7.338673, "relative_strength": 6.874513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.3626, "energy": 83.065158, "activity_lines": [ 8.127701, 7.850077, 7.566005, 7.425675 ] }, { "date": "2024-04-12", "close": 8.287987, "volume": 206593, "typical_volume": 280092.2, "trend": 7.314275, "fair_value": 7.346089, "relative_strength": 6.490377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.650146, "energy": 81.836005, "activity_lines": [ 8.219572, 7.974284, 7.651157, 7.489885 ] }, { "date": "2024-04-19", "close": 7.6918, "volume": 222725, "typical_volume": 267033.25, "trend": 7.330551, "fair_value": 7.348769, "relative_strength": 1.74477, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.587792, "energy": 49.793254, "activity_lines": [ 8.069711, 7.968846, 7.673368, 7.514242 ] }, { "date": "2024-04-26", "close": 6.929461, "volume": 368352, "typical_volume": 268590.35, "trend": 7.325505, "fair_value": 7.345544, "relative_strength": -8.302419, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.845182, "energy": 12.375279, "activity_lines": [ 7.672904, 7.811065, 7.620066, 7.488365 ] }, { "date": "2024-05-03", "close": 6.988102, "volume": 395896, "typical_volume": 271614.95, "trend": 7.32113, "fair_value": 7.342815, "relative_strength": -8.011393, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.606601, "energy": 19.575297, "activity_lines": [ 7.373181, 7.663545, 7.57284, 7.466597 ] }, { "date": "2024-05-10", "close": 6.470104, "volume": 451657, "typical_volume": 284917.85, "trend": 7.298846, "fair_value": 7.336204, "relative_strength": -15.953501, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.377957, "energy": 42.328696, "activity_lines": [ 6.984193, 7.427558, 7.477318, 7.411692 ] }, { "date": "2024-05-17", "close": 6.646028, "volume": 430823, "typical_volume": 303433.1, "trend": 7.291739, "fair_value": 7.331014, "relative_strength": -14.180999, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.560591, "energy": 43.219293, "activity_lines": [ 6.775039, 7.246303, 7.402882, 7.369575 ] }, { "date": "2024-05-24", "close": 7.00765, "volume": 442763, "typical_volume": 319946.9, "trend": 7.292511, "fair_value": 7.328601, "relative_strength": -8.356615, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.365059, "energy": 52.771582, "activity_lines": [ 6.795889, 7.148922, 7.366333, 7.351247 ] }, { "date": "2024-05-31", "close": 7.046744, "volume": 291780, "typical_volume": 322312.55, "trend": 7.293623, "fair_value": 7.326513, "relative_strength": -7.367639, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.755255, "energy": 48.366349, "activity_lines": [ 6.875381, 7.073044, 7.334314, 7.335391 ] }, { "date": "2024-06-07", "close": 6.949009, "volume": 228267, "typical_volume": 326294.95, "trend": 7.293726, "fair_value": 7.323738, "relative_strength": -10.274366, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.968713, "energy": 27.327349, "activity_lines": [ 6.914475, 6.998409, 7.294067, 7.313157 ] }, { "date": "2024-06-14", "close": 6.929461, "volume": 206768, "typical_volume": 332274.1, "trend": 7.294139, "fair_value": 7.32086, "relative_strength": -8.735259, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -43.61731, "energy": 26.429206, "activity_lines": [ 6.94966, 6.943677, 7.252952, 7.289656 ] }, { "date": "2024-06-21", "close": 6.538518, "volume": 338299, "typical_volume": 326769.55, "trend": 7.278953, "fair_value": 7.315191, "relative_strength": -14.357125, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.457098, "energy": 39.392391, "activity_lines": [ 6.823907, 6.842565, 7.175693, 7.240907 ] }, { "date": "2024-06-28", "close": 6.518972, "volume": 462688, "typical_volume": 334052.15, "trend": 7.260225, "fair_value": 7.309462, "relative_strength": -13.920938, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.697101, "energy": 49.025694, "activity_lines": [ 6.698805, 6.769708, 7.099338, 7.191876 ] }, { "date": "2024-07-05", "close": 6.303953, "volume": 365459, "typical_volume": 330054.0, "trend": 7.235935, "fair_value": 7.30228, "relative_strength": -16.831012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.582764, "energy": 66.50447, "activity_lines": [ 6.534609, 6.67908, 7.004492, 7.130181 ] }, { "date": "2024-07-12", "close": 6.245311, "volume": 447047, "typical_volume": 337715.35, "trend": 7.20391, "fair_value": 7.294784, "relative_strength": -18.521358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.437837, "energy": 74.095848, "activity_lines": [ 6.400385, 6.589163, 6.906936, 7.06627 ] }, { "date": "2024-07-19", "close": 6.264859, "volume": 284603, "typical_volume": 331285.35, "trend": 7.166756, "fair_value": 7.287531, "relative_strength": -18.160909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.10161, "energy": 73.308326, "activity_lines": [ 6.319591, 6.516306, 6.816274, 7.005686 ] }, { "date": "2024-07-26", "close": 6.206217, "volume": 146839, "typical_volume": 327750.5, "trend": 7.127969, "fair_value": 7.279969, "relative_strength": -18.091001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.242309, "energy": 75.348186, "activity_lines": [ 6.263555, 6.436518, 6.726962, 6.943715 ] }, { "date": "2024-08-02", "close": 6.450556, "volume": 181219, "typical_volume": 314634.65, "trend": 7.103749, "fair_value": 7.27421, "relative_strength": -14.855659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.907613, "energy": 60.963782, "activity_lines": [ 6.31112, 6.409152, 6.667762, 6.900011 ] }, { "date": "2024-08-09", "close": 6.264859, "volume": 160588, "typical_volume": 310471.2, "trend": 7.070128, "fair_value": 7.267248, "relative_strength": -15.196459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.566695, "energy": 53.186623, "activity_lines": [ 6.301347, 6.358152, 6.5973, 6.845889 ] }, { "date": "2024-08-16", "close": 6.831726, "volume": 169423, "typical_volume": 299933.35, "trend": 7.059256, "fair_value": 7.264265, "relative_strength": -9.48353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.350852, "energy": 30.200323, "activity_lines": [ 6.483135, 6.424434, 6.589527, 6.830509 ] }, { "date": "2024-08-23", "close": 7.066291, "volume": 126633, "typical_volume": 296421.1, "trend": 7.056202, "fair_value": 7.262919, "relative_strength": -6.739709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.43049, "energy": 18.368957, "activity_lines": [ 6.704018, 6.535498, 6.610796, 6.830963 ] }, { "date": "2024-08-30", "close": 7.232442, "volume": 332431, "typical_volume": 302713.0, "trend": 7.059972, "fair_value": 7.262713, "relative_strength": -5.14884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.996742, "energy": 20.716309, "activity_lines": [ 6.926855, 6.674282, 6.653707, 6.842333 ] }, { "date": "2024-09-06", "close": 6.958782, "volume": 322037, "typical_volume": 307678.6, "trend": 7.060721, "fair_value": 7.260673, "relative_strength": -7.516688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.913254, "energy": 23.732441, "activity_lines": [ 6.990057, 6.750694, 6.675581, 6.835804 ] }, { "date": "2024-09-13", "close": 7.545196, "volume": 318550, "typical_volume": 305188.5, "trend": 7.08198, "fair_value": 7.26257, "relative_strength": -0.553109, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.193374, "energy": 39.056, "activity_lines": [ 7.214849, 6.92573, 6.756795, 6.867061 ] }, { "date": "2024-09-20", "close": 7.613611, "volume": 869779, "typical_volume": 328882.65, "trend": 7.092354, "fair_value": 7.264895, "relative_strength": -0.804446, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.222539, "energy": 53.819254, "activity_lines": [ 7.377091, 7.090636, 6.841592, 6.90136 ] }, { "date": "2024-09-27", "close": 7.435252, "volume": 134221, "typical_volume": 313010.85, "trend": 7.082825, "fair_value": 7.266015, "relative_strength": -2.962125, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.303234, "energy": 50.778005, "activity_lines": [ 7.427753, 7.198236, 6.906424, 6.923482 ] }, { "date": "2024-10-04", "close": 7.425351, "volume": 221659, "typical_volume": 302552.65, "trend": 7.075572, "fair_value": 7.267057, "relative_strength": -2.124466, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.443015, "energy": 48.416444, "activity_lines": [ 7.450518, 7.282756, 6.965718, 6.945581 ] }, { "date": "2024-10-11", "close": 7.950076, "volume": 208889, "typical_volume": 290858.95, "trend": 7.080598, "fair_value": 7.271492, "relative_strength": 4.065172, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.199395, "energy": 49.326353, "activity_lines": [ 7.635331, 7.440514, 7.071274, 7.002 ] }, { "date": "2024-10-18", "close": 8.118383, "volume": 445554, "typical_volume": 298547.65, "trend": 7.08146, "fair_value": 7.276956, "relative_strength": 5.41718, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.710502, "energy": 51.877287, "activity_lines": [ 7.810159, 7.601609, 7.188371, 7.068954 ] }, { "date": "2024-10-25", "close": 7.276844, "volume": 278048, "typical_volume": 301036.7, "trend": 7.049384, "fair_value": 7.276955, "relative_strength": -4.412184, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.630528, "energy": 40.499046, "activity_lines": [ 7.666262, 7.575997, 7.220219, 7.081559 ] }, { "date": "2024-11-01", "close": 7.61346, "volume": 365082, "typical_volume": 308952.4, "trend": 7.0269, "fair_value": 7.285657, "relative_strength": 1.290376, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.171047, "energy": 37.907216, "activity_lines": [ 7.657022, 7.603494, 7.282564, 7.117951 ] }, { "date": "2024-11-08", "close": 7.761968, "volume": 199835, "typical_volume": 302029.2, "trend": 7.009366, "fair_value": 7.293965, "relative_strength": 1.197272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.767937, "energy": 34.22869, "activity_lines": [ 7.685404, 7.648045, 7.355796, 7.165375 ] }, { "date": "2024-11-15", "close": 7.336247, "volume": 122666, "typical_volume": 285028.1, "trend": 6.997514, "fair_value": 7.298845, "relative_strength": -4.047718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.599734, "energy": 19.781559, "activity_lines": [ 7.549437, 7.605564, 7.382657, 7.186464 ] }, { "date": "2024-11-22", "close": 7.177839, "volume": 387170, "typical_volume": 286113.65, "trend": 7.005794, "fair_value": 7.302332, "relative_strength": -7.06649, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.830993, "energy": 15.679311, "activity_lines": [ 7.40159, 7.527419, 7.39054, 7.198098 ] }, { "date": "2024-11-29", "close": 7.247143, "volume": 338518, "typical_volume": 280687.2, "trend": 7.014428, "fair_value": 7.305187, "relative_strength": -6.36285, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.279707, "energy": 15.85868, "activity_lines": [ 7.339547, 7.468553, 7.400862, 7.213669 ] }, { "date": "2024-12-06", "close": 7.128337, "volume": 307470, "typical_volume": 281830.55, "trend": 7.03637, "fair_value": 7.303189, "relative_strength": -7.476592, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.664779, "energy": 12.281887, "activity_lines": [ 7.239882, 7.39475, 7.395099, 7.221018 ] }, { "date": "2024-12-13", "close": 6.900627, "volume": 131539, "typical_volume": 281065.55, "trend": 7.044856, "fair_value": 7.299086, "relative_strength": -8.822288, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.88552, "energy": 12.414077, "activity_lines": [ 7.096656, 7.285125, 7.363536, 7.21226 ] }, { "date": "2024-12-20", "close": 6.960029, "volume": 215391, "typical_volume": 282774.15, "trend": 7.043269, "fair_value": 7.295041, "relative_strength": -5.185124, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.897231, "energy": 17.693861, "activity_lines": [ 7.030653, 7.19584, 7.334325, 7.206788 ] }, { "date": "2024-12-27", "close": 7.40555, "volume": 76738, "typical_volume": 278581.65, "trend": 7.055229, "fair_value": 7.291375, "relative_strength": -1.339178, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.592332, "energy": 11.61535, "activity_lines": [ 7.138238, 7.205561, 7.345118, 7.230161 ] }, { "date": "2025-01-03", "close": 7.217442, "volume": 54608, "typical_volume": 272840.9, "trend": 7.064177, "fair_value": 7.281982, "relative_strength": -3.542962, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.097735, "energy": 9.236083, "activity_lines": [ 7.167939, 7.19404, 7.332564, 7.240626 ] }, { "date": "2025-01-10", "close": 7.068934, "volume": 113330, "typical_volume": 272175.75, "trend": 7.068826, "fair_value": 7.276535, "relative_strength": -5.789103, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.498273, "energy": 5.765492, "activity_lines": [ 7.150118, 7.156599, 7.30403, 7.240933 ] }, { "date": "2025-01-17", "close": 6.880826, "volume": 221509, "typical_volume": 266629.65, "trend": 7.080236, "fair_value": 7.27139, "relative_strength": -8.209555, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.181576, "energy": 8.861722, "activity_lines": [ 7.073555, 7.094856, 7.257568, 7.228804 ] }, { "date": "2025-01-24", "close": 6.861024, "volume": 114878, "typical_volume": 256271.7, "trend": 7.091638, "fair_value": 7.26488, "relative_strength": -9.291602, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.009159, "energy": 18.216233, "activity_lines": [ 6.991711, 7.045533, 7.210895, 7.214661 ] }, { "date": "2025-01-31", "close": 7.148138, "volume": 108302, "typical_volume": 245759.3, "trend": 7.119777, "fair_value": 7.25951, "relative_strength": -6.68916, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.533657, "energy": 17.525849, "activity_lines": [ 7.012172, 7.057054, 7.192031, 7.218306 ] }, { "date": "2025-02-07", "close": 6.999631, "volume": 130748, "typical_volume": 208807.75, "trend": 7.144921, "fair_value": 7.254588, "relative_strength": -8.236437, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.076607, "energy": 19.089158, "activity_lines": [ 7.000291, 7.042113, 7.160914, 7.210555 ] }, { "date": "2025-02-14", "close": 7.920375, "volume": 180130, "typical_volume": 211103.2, "trend": 7.200105, "fair_value": 7.255945, "relative_strength": 3.242785, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.34247, "energy": 10.726389, "activity_lines": [ 7.309846, 7.199081, 7.220412, 7.260584 ] }, { "date": "2025-02-21", "close": 8.02928, "volume": 228746, "typical_volume": 211457.55, "trend": 7.260874, "fair_value": 7.259992, "relative_strength": 7.908553, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.545655, "energy": 37.67249, "activity_lines": [ 7.59894, 7.361448, 7.28797, 7.314079 ] }, { "date": "2025-02-28", "close": 7.227342, "volume": 244197, "typical_volume": 213222.95, "trend": 7.286767, "fair_value": 7.257499, "relative_strength": -1.159222, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.061351, "energy": 23.099217, "activity_lines": [ 7.544157, 7.357488, 7.276279, 7.311916 ] }, { "date": "2025-03-07", "close": 8.00948, "volume": 219332, "typical_volume": 201911.85, "trend": 7.344921, "fair_value": 7.259562, "relative_strength": 12.545485, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.353377, "energy": 40.782743, "activity_lines": [ 7.725666, 7.490875, 7.342517, 7.358543 ] }, { "date": "2025-03-14", "close": 7.821248, "volume": 284769, "typical_volume": 202247.9, "trend": 7.377905, "fair_value": 7.260419, "relative_strength": 12.167488, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 52.347305, "energy": 49.132961, "activity_lines": [ 7.787008, 7.579057, 7.391348, 7.389273 ] }, { "date": "2025-03-21", "close": 7.86095, "volume": 182976, "typical_volume": 193142.6, "trend": 7.404394, "fair_value": 7.263146, "relative_strength": 10.845285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.030855, "energy": 35.593713, "activity_lines": [ 7.80681, 7.663479, 7.441368, 7.420438 ] }, { "date": "2025-03-28", "close": 8.128937, "volume": 169663, "typical_volume": 191634.0, "trend": 7.434277, "fair_value": 7.265307, "relative_strength": 13.955694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.203468, "energy": 49.099661, "activity_lines": [ 7.919902, 7.782226, 7.515731, 7.467182 ] }, { "date": "2025-04-04", "close": 7.116542, "volume": 132843, "typical_volume": 192142.85, "trend": 7.439535, "fair_value": 7.261647, "relative_strength": 4.160919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.53672, "energy": 16.111706, "activity_lines": [ 7.688886, 7.694208, 7.491928, 7.446683 ] }, { "date": "2025-04-11", "close": 7.017288, "volume": 265661, "typical_volume": 186067.4, "trend": 7.421938, "fair_value": 7.257239, "relative_strength": 3.320919, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.159147, "energy": 6.902047, "activity_lines": [ 7.432171, 7.583498, 7.459719, 7.419442 ] }, { "date": "2025-04-18", "close": 7.434155, "volume": 82113, "typical_volume": 173247.15, "trend": 7.415957, "fair_value": 7.254, "relative_strength": 7.195005, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.528732, "energy": 9.633334, "activity_lines": [ 7.380558, 7.550961, 7.467976, 7.42023 ] }, { "date": "2025-04-25", "close": 7.305125, "volume": 127256, "typical_volume": 164236.45, "trend": 7.411619, "fair_value": 7.250156, "relative_strength": 3.358745, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.206717, "energy": 11.8409, "activity_lines": [ 7.311742, 7.487064, 7.463054, 7.413079 ] }, { "date": "2025-05-02", "close": 7.374603, "volume": 309256, "typical_volume": 173122.3, "trend": 7.409927, "fair_value": 7.246313, "relative_strength": 0.970045, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.236802, "energy": 10.883397, "activity_lines": [ 7.30314, 7.446985, 7.463907, 7.410691 ] }, { "date": "2025-05-09", "close": 7.047064, "volume": 172105, "typical_volume": 170958.0, "trend": 7.379827, "fair_value": 7.240481, "relative_strength": -3.479121, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.895701, "energy": 14.637994, "activity_lines": [ 7.235647, 7.359258, 7.431309, 7.387281 ] }, { "date": "2025-05-16", "close": 7.136393, "volume": 151112, "typical_volume": 174676.7, "trend": 7.347094, "fair_value": 7.235834, "relative_strength": -3.583599, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.627325, "energy": 15.616129, "activity_lines": [ 7.202562, 7.291049, 7.406804, 7.371575 ] }, { "date": "2025-05-23", "close": 6.7493, "volume": 236711, "typical_volume": 183781.85, "trend": 7.329509, "fair_value": 7.231156, "relative_strength": -8.804134, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.91832, "energy": 28.718326, "activity_lines": [ 7.032506, 7.168334, 7.346715, 7.333008 ] }, { "date": "2025-05-30", "close": 6.391984, "volume": 350225, "typical_volume": 195626.6, "trend": 7.288793, "fair_value": 7.223185, "relative_strength": -14.094558, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.865074, "energy": 58.841707, "activity_lines": [ 6.789002, 7.000143, 7.254824, 7.272522 ] }, { "date": "2025-06-06", "close": 6.461462, "volume": 271155, "typical_volume": 198108.9, "trend": 7.245443, "fair_value": 7.219725, "relative_strength": -13.751165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.542798, "energy": 63.077699, "activity_lines": [ 6.629533, 6.871293, 7.172775, 7.219146 ] }, { "date": "2025-06-13", "close": 6.024744, "volume": 305502, "typical_volume": 207640.1, "trend": 7.201726, "fair_value": 7.214634, "relative_strength": -19.540712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.235063, "energy": 73.879647, "activity_lines": [ 6.385368, 6.693357, 7.05113, 7.140391 ] }, { "date": "2025-06-20", "close": 5.220782, "volume": 1797611, "typical_volume": 292105.55, "trend": 7.136491, "fair_value": 7.204, "relative_strength": -29.586386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.460271, "energy": 85.09168, "activity_lines": [ 5.941369, 6.389097, 6.856899, 7.012588 ] }, { "date": "2025-06-27", "close": 5.776607, "volume": 367511, "typical_volume": 303943.7, "trend": 7.087473, "fair_value": 7.197597, "relative_strength": -21.892421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.805225, "energy": 77.932903, "activity_lines": [ 5.810354, 6.21856, 6.724782, 6.924854 ] }, { "date": "2025-07-04", "close": 5.985042, "volume": 220787, "typical_volume": 305976.55, "trend": 7.049363, "fair_value": 7.191138, "relative_strength": -19.713528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.862598, "energy": 78.459236, "activity_lines": [ 5.813662, 6.116057, 6.61834, 6.853729 ] }, { "date": "2025-07-11", "close": 6.540866, "volume": 229676, "typical_volume": 306023.05, "trend": 7.037371, "fair_value": 7.188465, "relative_strength": -11.979616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.55809, "energy": 63.479151, "activity_lines": [ 6.029375, 6.138615, 6.57405, 6.820923 ] }, { "date": "2025-07-18", "close": 6.51109, "volume": 181652, "typical_volume": 302895.8, "trend": 7.022407, "fair_value": 7.182205, "relative_strength": -14.071413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.393748, "energy": 32.561349, "activity_lines": [ 6.229869, 6.170918, 6.534011, 6.786969 ] }, { "date": "2025-07-25", "close": 6.501165, "volume": 118522, "typical_volume": 297855.3, "trend": 6.992261, "fair_value": 7.174878, "relative_strength": -13.244133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.740549, "energy": 24.984936, "activity_lines": [ 6.394632, 6.211161, 6.496438, 6.753341 ] }, { "date": "2025-08-01", "close": 6.07437, "volume": 174296, "typical_volume": 292331.65, "trend": 6.954158, "fair_value": 7.163702, "relative_strength": -18.693305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.572792, "energy": 26.004783, "activity_lines": [ 6.33177, 6.185355, 6.4254, 6.694122 ] }, { "date": "2025-08-08", "close": 6.064445, "volume": 125010, "typical_volume": 289433.35, "trend": 6.920675, "fair_value": 7.155302, "relative_strength": -19.954874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.869044, "energy": 25.106719, "activity_lines": [ 6.24575, 6.170016, 6.361736, 6.636721 ] }, { "date": "2025-08-15", "close": 6.630195, "volume": 252415, "typical_volume": 293570.95, "trend": 6.912321, "fair_value": 7.150195, "relative_strength": -13.552083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.411657, "energy": 19.544357, "activity_lines": [ 6.343019, 6.263495, 6.360507, 6.617981 ] }, { "date": "2025-08-22", "close": 6.42731, "volume": 180670, "typical_volume": 295962.3, "trend": 6.897864, "fair_value": 7.146237, "relative_strength": -16.15854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.954961, "energy": 19.546826, "activity_lines": [ 6.366705, 6.317019, 6.347092, 6.58669 ] }, { "date": "2025-08-29", "close": 6.471388, "volume": 108696, "typical_volume": 288114.05, "trend": 6.875305, "fair_value": 7.144399, "relative_strength": -15.308367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.961303, "energy": 11.440878, "activity_lines": [ 6.410668, 6.371237, 6.341158, 6.559175 ] }, { "date": "2025-09-05", "close": 6.669897, "volume": 188309, "typical_volume": 293423.85, "trend": 6.864314, "fair_value": 7.143834, "relative_strength": -11.474837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.076613, "energy": 11.925811, "activity_lines": [ 6.522787, 6.43881, 6.356729, 6.545923 ] }, { "date": "2025-09-12", "close": 7.146317, "volume": 367664, "typical_volume": 305444.25, "trend": 6.838512, "fair_value": 7.147603, "relative_strength": -4.813995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.911795, "energy": 17.157488, "activity_lines": [ 6.75401, 6.576762, 6.421312, 6.564117 ] }, { "date": "2025-09-19", "close": 7.275349, "volume": 481561, "typical_volume": 314059.5, "trend": 6.813381, "fair_value": 7.153125, "relative_strength": -1.86705, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.085162, "energy": 44.559647, "activity_lines": [ 6.956119, 6.717061, 6.49894, 6.5923 ] }, { "date": "2025-09-26", "close": 7.096691, "volume": 194586, "typical_volume": 315183.55, "trend": 6.809026, "fair_value": 7.159072, "relative_strength": -4.218318, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.654856, "energy": 49.514541, "activity_lines": [ 7.055666, 6.811523, 6.560026, 6.610578 ] }, { "date": "2025-10-03", "close": 7.424231, "volume": 202410, "typical_volume": 317748.45, "trend": 6.789518, "fair_value": 7.166247, "relative_strength": -1.833766, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.129026, "energy": 61.051987, "activity_lines": [ 7.219766, 6.95489, 6.65207, 6.650268 ] }, { "date": "2025-10-10", "close": 7.385472, "volume": 186125, "typical_volume": 315219.15, "trend": 6.774992, "fair_value": 7.172707, "relative_strength": -1.706954, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.905027, "energy": 60.384841, "activity_lines": [ 7.307425, 7.074427, 6.739052, 6.688717 ] }, { "date": "2025-10-17", "close": 7.235969, "volume": 213005, "typical_volume": 308358.15, "trend": 6.754159, "fair_value": 7.17821, "relative_strength": -3.704917, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.368688, "energy": 48.57235, "activity_lines": [ 7.297544, 7.142943, 6.808766, 6.718457 ] }, { "date": "2025-10-24", "close": 7.206068, "volume": 323171, "typical_volume": 310958.95, "trend": 6.723397, "fair_value": 7.181892, "relative_strength": -4.162423, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 58.28227, "energy": 43.54721, "activity_lines": [ 7.271719, 7.184722, 6.871614, 6.747613 ] }, { "date": "2025-10-31", "close": 7.226002, "volume": 131927, "typical_volume": 302280.2, "trend": 6.727046, "fair_value": 7.180934, "relative_strength": -2.133521, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.832462, "energy": 36.714476, "activity_lines": [ 7.257158, 7.219656, 6.932814, 6.780039 ] }, { "date": "2025-11-07", "close": 7.305737, "volume": 199610, "typical_volume": 222380.15, "trend": 6.736661, "fair_value": 7.180952, "relative_strength": 0.450875, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.014379, "energy": 33.554353, "activity_lines": [ 7.260554, 7.254564, 6.995888, 6.817374 ] }, { "date": "2025-11-14", "close": 6.877161, "volume": 152460, "typical_volume": 211627.6, "trend": 6.718094, "fair_value": 7.179967, "relative_strength": -3.762676, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.6402, "energy": 22.605328, "activity_lines": [ 7.128991, 7.19638, 7.008216, 6.826438 ] }, { "date": "2025-11-21", "close": 6.926995, "volume": 158889, "typical_volume": 208532.7, "trend": 6.70549, "fair_value": 7.177325, "relative_strength": -0.480303, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.704534, "energy": 17.387864, "activity_lines": [ 7.047927, 7.143489, 7.02005, 6.839916 ] }, { "date": "2025-11-28", "close": 7.216035, "volume": 697652, "typical_volume": 231931.5, "trend": 6.700204, "fair_value": 7.175256, "relative_strength": 1.344488, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.823507, "energy": 18.428955, "activity_lines": [ 7.083808, 7.147137, 7.054926, 6.872854 ] }, { "date": "2025-12-05", "close": 7.106399, "volume": 153274, "typical_volume": 230512.6, "trend": 6.702182, "fair_value": 7.170797, "relative_strength": -0.377785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.860933, "energy": 17.713512, "activity_lines": [ 7.082479, 7.131931, 7.076146, 6.89906 ] }, { "date": "2025-12-12", "close": 7.076499, "volume": 172839, "typical_volume": 233228.45, "trend": 6.700186, "fair_value": 7.167834, "relative_strength": -1.470466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.248398, "energy": 15.791974, "activity_lines": [ 7.079156, 7.111111, 7.091683, 6.92321 ] }, { "date": "2025-12-19", "close": 7.305737, "volume": 498007, "typical_volume": 249414.0, "trend": 6.718734, "fair_value": 7.166282, "relative_strength": 2.653613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.322221, "energy": 26.547798, "activity_lines": [ 7.16753, 7.138293, 7.126313, 6.962278 ] }, { "date": "2025-12-26", "close": 7.345604, "volume": 37892, "typical_volume": 245058.1, "trend": 6.750521, "fair_value": 7.165858, "relative_strength": 1.687037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.203472, "energy": 28.459156, "activity_lines": [ 7.24062, 7.174174, 7.158875, 7.002721 ] }, { "date": "2026-01-02", "close": 6.857227, "volume": 106188, "typical_volume": 237746.75, "trend": 6.763713, "fair_value": 7.162186, "relative_strength": -4.495568, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.645689, "energy": 14.182466, "activity_lines": [ 7.123011, 7.119266, 7.138825, 7.009605 ] }, { "date": "2026-01-09", "close": 7.684479, "volume": 201795, "typical_volume": 238803.0, "trend": 6.819038, "fair_value": 7.162015, "relative_strength": 7.075748, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.645106, "energy": 34.656951, "activity_lines": [ 7.305073, 7.221109, 7.19648, 7.069009 ] }, { "date": "2026-01-16", "close": 7.55491, "volume": 139352, "typical_volume": 240335.8, "trend": 6.896842, "fair_value": 7.158513, "relative_strength": 3.020697, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.590354, "energy": 36.937867, "activity_lines": [ 7.405406, 7.291059, 7.235808, 7.116485 ] }, { "date": "2026-01-23", "close": 7.375505, "volume": 211541, "typical_volume": 241497.4, "trend": 6.950138, "fair_value": 7.153163, "relative_strength": 1.032521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.69596, "energy": 28.886357, "activity_lines": [ 7.414044, 7.323859, 7.252891, 7.147367 ] }, { "date": "2026-01-30", "close": 6.926995, "volume": 350090, "typical_volume": 240618.7, "trend": 6.981537, "fair_value": 7.144821, "relative_strength": -5.081912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.101434, "energy": 20.480372, "activity_lines": [ 7.268527, 7.266051, 7.223898, 7.145873 ] }, { "date": "2026-02-06", "close": 6.598087, "volume": 396230, "typical_volume": 236352.15, "trend": 6.983444, "fair_value": 7.135651, "relative_strength": -7.785107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.507781, "energy": 7.280587, "activity_lines": [ 7.041282, 7.148441, 7.164625, 7.121135 ] }, { "date": "2026-02-13", "close": 6.627988, "volume": 321937, "typical_volume": 242719.7, "trend": 6.987341, "fair_value": 7.12987, "relative_strength": -9.14809, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.094876, "energy": 22.449893, "activity_lines": [ 6.84128, 7.047504, 7.111425, 7.098202 ] }, { "date": "2026-02-20", "close": 6.817359, "volume": 339334, "typical_volume": 249565.9, "trend": 6.997881, "fair_value": 7.12478, "relative_strength": -7.767067, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.440123, "energy": 26.733297, "activity_lines": [ 6.774834, 6.989696, 7.078492, 7.087235 ] }, { "date": "2026-02-27", "close": 7.166201, "volume": 307676, "typical_volume": 255643.45, "trend": 7.034275, "fair_value": 7.120938, "relative_strength": -4.044057, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.739035, "energy": 23.908951, "activity_lines": [ 6.873838, 7.000025, 7.081672, 7.098095 ] }, { "date": "2026-03-06", "close": 6.627988, "volume": 283551, "typical_volume": 259170.75, "trend": 7.05306, "fair_value": 7.115038, "relative_strength": -7.19633, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.096808, "energy": 26.223094, "activity_lines": [ 6.807392, 6.915035, 7.034637, 7.071883 ] }, { "date": "2026-03-13", "close": 6.13, "volume": 322112, "typical_volume": 259117.8, "trend": 7.036387, "fair_value": 7.108456, "relative_strength": -11.220021, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.864126, "energy": 40.356347, "activity_lines": [ 6.594884, 6.752549, 6.943071, 7.012331 ] }, { "date": "2026-03-20", "close": 5.79, "volume": 226304, "typical_volume": 263836.65, "trend": 7.015143, "fair_value": 7.101963, "relative_strength": -13.636307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.54231, "energy": 55.704017, "activity_lines": [ 6.300248, 6.541467, 6.824248, 6.931919 ] }, { "date": "2026-03-27", "close": 5.4, "volume": 193675, "typical_volume": 263539.9, "trend": 6.97943, "fair_value": 7.090761, "relative_strength": -19.537254, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.888816, "energy": 73.380899, "activity_lines": [ 5.931478, 6.29392, 6.675119, 6.827716 ] }, { "date": "2026-04-03", "close": 5.48, "volume": 222535, "typical_volume": 267043.65, "trend": 6.939767, "fair_value": 7.079533, "relative_strength": -18.37027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.941453, "energy": 75.225124, "activity_lines": [ 5.683866, 6.1001, 6.542685, 6.730978 ] }, { "date": "2026-04-10", "close": 5.65, "volume": 196536, "typical_volume": 268926.0, "trend": 6.88989, "fair_value": 7.069694, "relative_strength": -18.84464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.914811, "energy": 72.390904, "activity_lines": [ 5.605333, 5.971652, 6.433095, 6.647768 ] }, { "date": "2026-04-17", "close": 5.18, "volume": 307891, "typical_volume": 249437.95, "trend": 6.820045, "fair_value": 7.054393, "relative_strength": -24.789563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.730783, "energy": 73.695384, "activity_lines": [ 5.435333, 5.780968, 6.284823, 6.537452 ] }, { "date": "2026-04-24", "close": 5.05, "volume": 194620, "typical_volume": 251505.25, "trend": 6.751822, "fair_value": 7.04017, "relative_strength": -24.695097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.332193, "energy": 69.223632, "activity_lines": [ 5.285333, 5.592431, 6.133866, 6.423256 ] }, { "date": "2026-05-01", "close": 5.17, "volume": 225971, "typical_volume": 254161.85, "trend": 6.676681, "fair_value": 7.026776, "relative_strength": -21.80804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.372119, "energy": 60.074407, "activity_lines": [ 5.224667, 5.454403, 6.00413, 6.321203 ] }, { "date": "2026-05-08", "close": 5.39, "volume": 198235, "typical_volume": 239173.25, "trend": 6.610165, "fair_value": 7.016884, "relative_strength": -18.118399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.150106, "energy": 49.183865, "activity_lines": [ 5.252667, 5.386327, 5.904425, 6.238191 ] }, { "date": "2026-05-15", "close": 5.62, "volume": 354638, "typical_volume": 255010.55, "trend": 6.556299, "fair_value": 7.00733, "relative_strength": -13.047173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.795309, "energy": 41.251743, "activity_lines": [ 5.363333, 5.392364, 5.835747, 6.174309 ] }, { "date": "2026-05-22", "close": 5.42, "volume": 334242, "typical_volume": 266413.25, "trend": 6.496764, "fair_value": 6.996913, "relative_strength": -16.004607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.225108, "energy": 32.608711, "activity_lines": [ 5.409333, 5.380364, 5.756239, 6.101 ] }, { "date": "2026-05-29", "close": 5.55, "volume": 214295, "typical_volume": 267038.25, "trend": 6.440897, "fair_value": 6.986313, "relative_strength": -14.456068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.004376, "energy": 26.747072, "activity_lines": [ 5.482667, 5.404909, 5.695956, 6.039918 ] }, { "date": "2026-06-05", "close": 4.97, "volume": 62874, "typical_volume": 263214.35, "trend": 6.363039, "fair_value": 6.972115, "relative_strength": -22.080882, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.182182, "energy": 34.306163, "activity_lines": [ 5.329333, 5.328364, 5.590598, 5.945022 ] }, { "date": "2026-06-12", "close": 4.83, "volume": 32627, "typical_volume": 254268.65, "trend": 6.2948, "fair_value": 6.955646, "relative_strength": -25.511872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.075148, "energy": 49.195481, "activity_lines": [ 5.142667, 5.234182, 5.484217, 5.846116 ] }, { "date": "2026-06-19", "close": 5.0, "volume": 69967, "typical_volume": 240262.5, "trend": 6.230567, "fair_value": 6.940864, "relative_strength": -23.010426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.128531, "energy": 61.61199, "activity_lines": [ 5.05, 5.182727, 5.406147, 5.76258 ] }, { "date": "2026-06-26", "close": 4.99, "volume": 44181, "typical_volume": 222660.05, "trend": 6.156366, "fair_value": 6.923748, "relative_strength": -22.377529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.221804, "energy": 64.740118, "activity_lines": [ 4.995333, 5.141273, 5.336301, 5.682544 ] }, { "date": "2026-07-03", "close": 5.12, "volume": 45589, "typical_volume": 208842.65, "trend": 6.090153, "fair_value": 6.906091, "relative_strength": -20.835099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.331599, "energy": 57.648103, "activity_lines": [ 5.012667, 5.126909, 5.286494, 5.615682 ] }, { "date": "2026-07-10", "close": 4.7, "volume": 334532, "typical_volume": 208602.55, "trend": 6.010936, "fair_value": 6.884965, "relative_strength": -26.570751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.116872, "energy": 55.167312, "activity_lines": [ 4.918667, 5.034909, 5.203868, 5.525994 ] }, { "date": "2026-07-17", "close": 5.07, "volume": 341194, "typical_volume": 210278.45, "trend": 5.936411, "fair_value": 6.873976, "relative_strength": -20.354168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.975573, "energy": 41.118997, "activity_lines": [ 4.966, 5.018727, 5.166562, 5.465289 ] }, { "date": "2026-07-24", "close": 5.27, "volume": 283782, "typical_volume": 210290.0, "trend": 5.867225, "fair_value": 6.861283, "relative_strength": -16.651215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.283891, "energy": 28.864115, "activity_lines": [ 5.064, 5.044727, 5.158286, 5.422294 ] }, { "date": "2026-07-31", "close": 5.25, "volume": 301170, "typical_volume": 209242.9, "trend": 5.81365, "fair_value": 6.850075, "relative_strength": -18.606252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.199052, "energy": 22.651397, "activity_lines": [ 5.137333, 5.073455, 5.154571, 5.382473 ] }, { "date": "2026-08-07", "close": 5.6, "volume": 221329, "typical_volume": 208994.15, "trend": 5.744168, "fair_value": 6.838422, "relative_strength": -15.678212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.044821, "energy": 14.144835, "activity_lines": [ 5.31, 5.168909, 5.188381, 5.36869 ] } ], "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." } } }