{ "ticker": { "uuid": "5cfa0bc1-495b-4070-82d7-cd99543d46ca", "symbol": "FEBO", "name": "Fenbo Holdings Limited Ordinary Shares", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.589, "architecture_energy": 35.522, "architecture_maturity": 43.642, "architecture_confidence": 83.172, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 25.97, "rotation_up": 22.64, "upward_expansion": 3.99, "deceleration": 54.83, "rotation_down": 46.11, "downward_expansion": 74.99 }, "activity_lines": [ 0.838684, 0.853263, 0.913868, 0.970089 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 0.795, "trend_reference": 1.034099, "distance_from_trend": -0.231215, "trend_direction": "Weakening", "fair_value": 3.673781, "distance_from_fair_value": -0.783602, "fair_value_direction": "Weakening", "relative_strength": -27.06977, "relative_strength_direction": "Weakening", "price_momentum": -0.283784, "excess_performance": -0.471237, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.231215, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.030041, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.783602, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.061651, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.270698, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.183226, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.283784, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 24.726822, "read": "Demand-led" } ], "volume": { "latest": 34808, "relative_activity": 0.132706, "balance": 24.726822, "dry_up": 0.114652, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.225863, "annualized_volatility": 0.59611, "from_high_reference": -0.455479, "from_low_reference": 0.303279 }, "levels": { "trend_reference": 1.034099, "fair_value_reference": 3.673781, "structural_low": 0.68, "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": 7, "median_return": -0.035575, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.000874, "regime_survival": 0.714286, "best_return": 0.808048, "worst_return": -0.377358, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.302466, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.234065, "regime_survival": 0.5, "best_return": 0.95258, "worst_return": -0.347648, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.273769, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.132698, "regime_survival": 0.0, "best_return": 0.273769, "worst_return": 0.273769, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.224001, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.517811, "regime_survival": 1.0, "best_return": -0.224001, "worst_return": -0.224001, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-20", "tenure": "New", "return": -0.112724, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-27", "end": "2025-09-26", "tenure": "Established", "return": -0.347648, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2025-12-05", "tenure": "Developing", "return": -0.07013, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2025-12-12", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": -0.105263, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": -0.152, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-03-27", "tenure": "Developing", "return": 0.09009, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-03", "end": "2026-05-01", "tenure": "Developing", "return": 0.052632, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-29", "tenure": "New", "return": -0.234091, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": 0.134071, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": -0.067886, "active": true } ], "chart_path": [ { "date": "2023-12-01", "close": 5.01, "volume": 2708757, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 4.95, "volume": 794238, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 5.0, "volume": 253387, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 5.0, "volume": 263214, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 5.06, "volume": 29535, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 4.985, "volume": 174456, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 4.86, "volume": 82658, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 5.2238, "volume": 34837, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 6.505, "volume": 264155, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 6.07, "volume": 53620, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 7.5, "volume": 85426, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 8.05, "volume": 115633, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 8.44, "volume": 107508, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 8.26, "volume": 54141, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 9.0, "volume": 46171, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 8.68, "volume": 54850, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 9.18, "volume": 35277, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 8.786, "volume": 15962, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 7.97, "volume": 32610, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 8.1583, "volume": 28786, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 9.55, "volume": 70981, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 10.98, "volume": 132505, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 12.64, "volume": 246431, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 13.435, "volume": 201363, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 13.0, "volume": 119466, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 12.3, "volume": 57583, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 12.14, "volume": 32202, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 12.15, "volume": 54113, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 12.57, "volume": 58083, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 12.0, "volume": 35917, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 14.2082, "volume": 52712, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 13.55, "volume": 199513, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 14.54, "volume": 232401, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 13.5909, "volume": 248927, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 12.785, "volume": 328936, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 13.14, "volume": 248930, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 8.46, "volume": 1005872, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 6.5, "volume": 1701333, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 7.01, "volume": 632261, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 6.22, "volume": 1065262, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 6.82, "volume": 491594, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 6.8, "volume": 282524, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 6.0, "volume": 557529, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 5.76, "volume": 543701, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 5.21, "volume": 266047, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 3.73, "volume": 421014, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 3.81, "volume": 459115, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 4.31, "volume": 490910, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 3.55, "volume": 252035, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 3.24, "volume": 196090, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 2.42, "volume": 400768, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 1.95, "volume": 260994, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 2.02, "volume": 199229, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 1.7, "volume": 466199, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 1.48, "volume": 497756, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 1.39, "volume": 482330, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 1.635, "volume": 144277, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 1.8638, "volume": 272039, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 1.78, "volume": 506474, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 1.57, "volume": 111499, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 1.49, "volume": 68602, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 1.49, "volume": 30166, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 1.32, "volume": 50090, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 1.24, "volume": 35210, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 1.27, "volume": 38320, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 1.13, "volume": 39928, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 1.09, "volume": 35835, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 1.155, "volume": 38003, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 1.12, "volume": 40054, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 1.24, "volume": 61295, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 1.11, "volume": 60396, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 1.1701, "volume": 114090, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 1.21, "volume": 16526, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 1.22, "volume": 42935, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 1.34, "volume": 34043, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 1.39, "volume": 29440, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 1.45, "volume": 9045, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 1.3636, "volume": 73790, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 1.02, "volume": 59702, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 1.1985, "volume": 12352, "typical_volume": 44491.1, "trend": 1.427533, "fair_value": 5.743915, "relative_strength": -75.093605, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -35.659696, "energy": 20.206288, "activity_lines": [ 1.23022, 1.258618, 1.237219, 1.296738 ] }, { "date": "2025-06-13", "close": 1.0744, "volume": 50102, "typical_volume": 43566.1, "trend": 1.38268, "fair_value": 5.686267, "relative_strength": -76.326229, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -47.896938, "energy": 34.341604, "activity_lines": [ 1.160213, 1.227196, 1.220413, 1.273956 ] }, { "date": "2025-06-20", "close": 1.0634, "volume": 7276, "typical_volume": 42421.6, "trend": 1.353127, "fair_value": 5.62989, "relative_strength": -75.286774, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -57.669812, "energy": 48.92267, "activity_lines": [ 1.10758, 1.194422, 1.204539, 1.253357 ] }, { "date": "2025-06-27", "close": 1.0991, "volume": 8221, "typical_volume": 40328.15, "trend": 1.32243, "fair_value": 5.575302, "relative_strength": -73.758471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.797684, "energy": 50.627936, "activity_lines": [ 1.09262, 1.170078, 1.194096, 1.236968 ] }, { "date": "2025-07-04", "close": 1.08, "volume": 219412, "typical_volume": 49538.25, "trend": 1.301763, "fair_value": 5.521787, "relative_strength": -72.847585, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.089074, "energy": 49.666161, "activity_lines": [ 1.088927, 1.144278, 1.182886, 1.221328 ] }, { "date": "2025-07-11", "close": 0.9866, "volume": 124143, "typical_volume": 53829.4, "trend": 1.285317, "fair_value": 5.468432, "relative_strength": -73.096327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.742556, "energy": 47.897882, "activity_lines": [ 1.0501, 1.104042, 1.163543, 1.200994 ] }, { "date": "2025-07-18", "close": 1.11, "volume": 55535, "typical_volume": 54609.75, "trend": 1.275983, "fair_value": 5.417752, "relative_strength": -67.589597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.240089, "energy": 31.416079, "activity_lines": [ 1.066533, 1.092667, 1.157301, 1.189684 ] }, { "date": "2025-07-25", "close": 1.06, "volume": 46022, "typical_volume": 55119.1, "trend": 1.256817, "fair_value": 5.367663, "relative_strength": -66.602991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.116241, "energy": 30.2191, "activity_lines": [ 1.063927, 1.077293, 1.146393, 1.175749 ] }, { "date": "2025-08-01", "close": 0.791, "volume": 173642, "typical_volume": 61901.05, "trend": 1.221057, "fair_value": 5.315656, "relative_strength": -71.805613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.047533, "energy": 48.660927, "activity_lines": [ 0.97188, 1.0201, 1.110009, 1.145697 ] }, { "date": "2025-08-08", "close": 0.74, "volume": 150512, "typical_volume": 67423.95, "trend": 1.18639, "fair_value": 5.264244, "relative_strength": -72.751653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.578323, "energy": 62.759463, "activity_lines": [ 0.883373, 0.964045, 1.070501, 1.114661 ] }, { "date": "2025-08-15", "close": 0.7205, "volume": 49967, "typical_volume": 66857.55, "trend": 1.158073, "fair_value": 5.213758, "relative_strength": -72.181841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.042451, "energy": 73.6302, "activity_lines": [ 0.811033, 0.909536, 1.030945, 1.084603 ] }, { "date": "2025-08-22", "close": 0.66, "volume": 59411, "typical_volume": 66808.3, "trend": 1.130407, "fair_value": 5.163716, "relative_strength": -72.694583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.629738, "energy": 81.300526, "activity_lines": [ 0.736267, 0.852718, 0.988101, 1.052469 ] }, { "date": "2025-08-29", "close": 0.73, "volume": 8370392, "typical_volume": 479623.4, "trend": 1.105073, "fair_value": 5.115524, "relative_strength": -67.988789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.979891, "energy": 71.928328, "activity_lines": [ 0.714833, 0.816162, 0.954067, 1.026637 ] }, { "date": "2025-09-05", "close": 0.7018, "volume": 48364, "typical_volume": 481215.3, "trend": 1.084467, "fair_value": 5.068065, "relative_strength": -67.31636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.765076, "energy": 64.598437, "activity_lines": [ 0.706, 0.78054, 0.919443, 1.000619 ] }, { "date": "2025-09-12", "close": 0.76, "volume": 408314, "typical_volume": 499484.25, "trend": 1.068467, "fair_value": 5.022234, "relative_strength": -62.728357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.92628, "energy": 46.265092, "activity_lines": [ 0.722513, 0.762724, 0.892781, 0.979686 ] }, { "date": "2025-09-19", "close": 0.788, "volume": 124004, "typical_volume": 503982.3, "trend": 1.0524, "fair_value": 4.977663, "relative_strength": -59.676577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.361097, "energy": 38.054651, "activity_lines": [ 0.747027, 0.755816, 0.870977, 0.961591 ] }, { "date": "2025-09-26", "close": 0.717, "volume": 400191, "typical_volume": 522519.85, "trend": 1.038633, "fair_value": 4.933281, "relative_strength": -60.666187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.161345, "energy": 32.435432, "activity_lines": [ 0.743373, 0.739611, 0.84504, 0.939952 ] }, { "date": "2025-10-03", "close": 0.75, "volume": 359639, "typical_volume": 540049.55, "trend": 1.0273, "fair_value": 4.890155, "relative_strength": -56.763888, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -42.038393, "energy": 28.703592, "activity_lines": [ 0.74692, 0.736551, 0.82545, 0.921331 ] }, { "date": "2025-10-10", "close": 0.739, "volume": 96557, "typical_volume": 541187.9, "trend": 1.013433, "fair_value": 4.847796, "relative_strength": -54.477281, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.362293, "energy": 27.842261, "activity_lines": [ 0.745467, 0.737127, 0.808145, 0.902731 ] }, { "date": "2025-10-17", "close": 0.75, "volume": 71883, "typical_volume": 541796.95, "trend": 1.0011, "fair_value": 4.806404, "relative_strength": -52.757691, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -39.309063, "energy": 26.641213, "activity_lines": [ 0.7452, 0.740649, 0.794863, 0.885735 ] }, { "date": "2025-10-24", "close": 0.77, "volume": 93374, "typical_volume": 545848.05, "trend": 0.985433, "fair_value": 4.76604, "relative_strength": -49.777416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.043724, "energy": 22.844644, "activity_lines": [ 0.752267, 0.747625, 0.784771, 0.870826 ] }, { "date": "2025-10-31", "close": 0.78, "volume": 142225, "typical_volume": 550454.2, "trend": 0.974433, "fair_value": 4.726574, "relative_strength": -47.62771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.652718, "energy": 21.009656, "activity_lines": [ 0.763867, 0.75552, 0.777672, 0.857572 ] }, { "date": "2025-11-07", "close": 0.68, "volume": 70277, "typical_volume": 553604.25, "trend": 0.958097, "fair_value": 4.686902, "relative_strength": -50.808862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.162636, "energy": 28.358521, "activity_lines": [ 0.737933, 0.743051, 0.762451, 0.838576 ] }, { "date": "2025-11-14", "close": 0.7595, "volume": 27333, "typical_volume": 554559.85, "trend": 0.94308, "fair_value": 4.648772, "relative_strength": -43.219501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.8377, "energy": 23.455757, "activity_lines": [ 0.743167, 0.745945, 0.756627, 0.825763 ] }, { "date": "2025-11-21", "close": 0.7356, "volume": 7159, "typical_volume": 543947.2, "trend": 0.926933, "fair_value": 4.611145, "relative_strength": -41.91829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.519894, "energy": 24.456583, "activity_lines": [ 0.739067, 0.743445, 0.750144, 0.812378 ] }, { "date": "2025-11-28", "close": 0.715, "volume": 22897, "typical_volume": 538884.9, "trend": 0.9061, "fair_value": 4.574039, "relative_strength": -44.805916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.829504, "energy": 31.359965, "activity_lines": [ 0.72906, 0.737644, 0.74334, 0.798705 ] }, { "date": "2025-12-05", "close": 0.716, "volume": 23331, "typical_volume": 537274.7, "trend": 0.883633, "fair_value": 4.537642, "relative_strength": -44.201292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.284389, "energy": 28.048215, "activity_lines": [ 0.723053, 0.733351, 0.737923, 0.78644 ] }, { "date": "2025-12-12", "close": 0.86, "volume": 85016, "typical_volume": 539224.4, "trend": 0.863967, "fair_value": 4.503272, "relative_strength": -30.773384, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.429721, "energy": 6.76262, "activity_lines": [ 0.769313, 0.755258, 0.748098, 0.784915 ] }, { "date": "2025-12-19", "close": 1.33, "volume": 2872779, "typical_volume": 674181.25, "trend": 0.862847, "fair_value": 4.47389, "relative_strength": 7.012391, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.410073, "energy": 56.84211, "activity_lines": [ 0.96024, 0.86062, 0.803986, 0.814982 ] }, { "date": "2025-12-26", "close": 1.4, "volume": 76162, "typical_volume": 670463.75, "trend": 0.875513, "fair_value": 4.445689, "relative_strength": 12.230682, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.394476, "energy": 79.951231, "activity_lines": [ 1.136467, 0.967964, 0.863975, 0.849637 ] }, { "date": "2026-01-02", "close": 1.21, "volume": 49791, "typical_volume": 670454.95, "trend": 0.875897, "fair_value": 4.416274, "relative_strength": 0.283703, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.393239, "energy": 76.013963, "activity_lines": [ 1.205067, 1.028944, 0.902725, 0.871217 ] }, { "date": "2026-01-09", "close": 1.19, "volume": 271968, "typical_volume": 681082.8, "trend": 0.87975, "fair_value": 4.387208, "relative_strength": -1.943196, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.69485, "energy": 83.765936, "activity_lines": [ 1.234, 1.078287, 0.93724, 0.891482 ] }, { "date": "2026-01-16", "close": 1.25, "volume": 196751, "typical_volume": 272400.75, "trend": 0.88597, "fair_value": 4.359197, "relative_strength": 4.949353, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.059347, "energy": 79.964918, "activity_lines": [ 1.251333, 1.131085, 0.974945, 0.915369 ] }, { "date": "2026-01-23", "close": 1.11, "volume": 118032, "typical_volume": 275884.15, "trend": 0.886333, "fair_value": 4.330443, "relative_strength": -6.03865, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.933839, "energy": 48.932245, "activity_lines": [ 1.196, 1.148065, 0.996841, 0.929822 ] }, { "date": "2026-01-30", "close": 1.06, "volume": 15070, "typical_volume": 256221.95, "trend": 0.885667, "fair_value": 4.301755, "relative_strength": -9.076937, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.292337, "energy": 34.332069, "activity_lines": [ 1.138667, 1.149582, 1.012031, 0.941026 ] }, { "date": "2026-02-06", "close": 1.11, "volume": 9798, "typical_volume": 250511.65, "trend": 0.88978, "fair_value": 4.274001, "relative_strength": -2.160825, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.371612, "energy": 28.789383, "activity_lines": [ 1.120667, 1.154291, 1.030554, 0.9555 ] }, { "date": "2026-02-13", "close": 1.15, "volume": 14501, "typical_volume": 231227.15, "trend": 0.891113, "fair_value": 4.24707, "relative_strength": 3.098362, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.70314, "energy": 23.464356, "activity_lines": [ 1.122667, 1.159091, 1.051354, 0.972288 ] }, { "date": "2026-02-20", "close": 1.1601, "volume": 8313, "typical_volume": 213660.85, "trend": 0.89445, "fair_value": 4.220685, "relative_strength": 3.385416, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.653959, "energy": 25.402633, "activity_lines": [ 1.1307, 1.157836, 1.071053, 0.989642 ] }, { "date": "2026-02-27", "close": 1.06, "volume": 23833, "typical_volume": 210024.65, "trend": 0.903417, "fair_value": 4.1939, "relative_strength": -4.812814, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.31323, "energy": 22.862067, "activity_lines": [ 1.11136, 1.132925, 1.079267, 1.000323 ] }, { "date": "2026-03-06", "close": 1.01, "volume": 14684, "typical_volume": 207164.7, "trend": 0.912417, "fair_value": 4.167145, "relative_strength": -7.636103, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.041154, "energy": 16.652411, "activity_lines": [ 1.078687, 1.103833, 1.08119, 1.007199 ] }, { "date": "2026-03-13", "close": 1.25, "volume": 120084, "typical_volume": 208500.2, "trend": 0.930067, "fair_value": 4.142835, "relative_strength": 15.857254, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.230548, "energy": 28.404023, "activity_lines": [ 1.129347, 1.125467, 1.104731, 1.028978 ] }, { "date": "2026-03-20", "close": 1.1701, "volume": 27041, "typical_volume": 202741.0, "trend": 0.94707, "fair_value": 4.118267, "relative_strength": 11.012658, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.646333, "energy": 27.519344, "activity_lines": [ 1.14404, 1.131847, 1.118378, 1.044465 ] }, { "date": "2026-03-27", "close": 1.21, "volume": 47439, "typical_volume": 201599.1, "trend": 0.96307, "fair_value": 4.094429, "relative_strength": 19.265611, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.093999, "energy": 34.01773, "activity_lines": [ 1.170693, 1.145844, 1.133967, 1.061428 ] }, { "date": "2026-04-03", "close": 1.14, "volume": 37590, "typical_volume": 202111.95, "trend": 0.977677, "fair_value": 4.070409, "relative_strength": 8.86425, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.087645, "energy": 38.066841, "activity_lines": [ 1.170687, 1.14784, 1.140366, 1.072843 ] }, { "date": "2026-04-10", "close": 1.155, "volume": 98211, "typical_volume": 206664.55, "trend": 0.990843, "fair_value": 4.046898, "relative_strength": 6.384391, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.112658, "energy": 33.022952, "activity_lines": [ 1.170347, 1.152018, 1.146381, 1.084283 ] }, { "date": "2026-04-17", "close": 1.12, "volume": 35091, "typical_volume": 207274.25, "trend": 1.00191, "fair_value": 4.023482, "relative_strength": -1.770498, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.884359, "energy": 24.471949, "activity_lines": [ 1.148673, 1.148105, 1.147066, 1.092615 ] }, { "date": "2026-04-24", "close": 1.15, "volume": 25738, "typical_volume": 207394.6, "trend": 1.016343, "fair_value": 4.000677, "relative_strength": -0.376594, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.901548, "energy": 17.16572, "activity_lines": [ 1.145667, 1.149465, 1.148679, 1.10217 ] }, { "date": "2026-05-01", "close": 1.2, "volume": 14010, "typical_volume": 203844.3, "trend": 1.031343, "fair_value": 3.978624, "relative_strength": 3.482927, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.905619, "energy": 24.308968, "activity_lines": [ 1.160667, 1.159916, 1.152988, 1.114018 ] }, { "date": "2026-05-08", "close": 1.1, "volume": 8276, "typical_volume": 60619.15, "trend": 1.043377, "fair_value": 3.956135, "relative_strength": -8.747185, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.20129, "energy": 11.978566, "activity_lines": [ 1.143, 1.15146, 1.146153, 1.118448 ] }, { "date": "2026-05-15", "close": 1.14, "volume": 24881, "typical_volume": 58055.1, "trend": 1.056377, "fair_value": 3.934305, "relative_strength": -3.831659, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.355121, "energy": 13.452104, "activity_lines": [ 1.141333, 1.149549, 1.144224, 1.124682 ] }, { "date": "2026-05-22", "close": 1.0, "volume": 49718, "typical_volume": 58051.45, "trend": 1.064043, "fair_value": 3.911733, "relative_strength": -15.394995, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.233122, "energy": 6.273517, "activity_lines": [ 1.094, 1.11982, 1.130199, 1.121045 ] }, { "date": "2026-05-29", "close": 0.8425, "volume": 28949, "typical_volume": 45900.5, "trend": 1.066127, "fair_value": 3.888304, "relative_strength": -30.046824, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -44.119664, "energy": 46.379541, "activity_lines": [ 1.002167, 1.066, 1.102174, 1.106751 ] }, { "date": "2026-06-05", "close": 0.84, "volume": 24791, "typical_volume": 37302.5, "trend": 1.07146, "fair_value": 3.865211, "relative_strength": -26.024599, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.270711, "energy": 60.555907, "activity_lines": [ 0.93, 1.017682, 1.075566, 1.092163 ] }, { "date": "2026-06-12", "close": 0.903, "volume": 4524282, "typical_volume": 257615.0, "trend": 1.076243, "fair_value": 3.842938, "relative_strength": -21.526693, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.8141, "energy": 59.306372, "activity_lines": [ 0.902833, 0.987545, 1.05691, 1.081294 ] }, { "date": "2026-06-19", "close": 0.95262, "volume": 140562, "typical_volume": 263889.6, "trend": 1.083477, "fair_value": 3.821369, "relative_strength": -18.6442, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.243555, "energy": 64.399008, "activity_lines": [ 0.90534, 0.97074, 1.043966, 1.073318 ] }, { "date": "2026-06-26", "close": 0.8529, "volume": 50838, "typical_volume": 265941.6, "trend": 1.088074, "fair_value": 3.79938, "relative_strength": -22.975131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.385599, "energy": 57.738413, "activity_lines": [ 0.887099, 0.939483, 1.022036, 1.058443 ] }, { "date": "2026-07-03", "close": 0.91, "volume": 11121, "typical_volume": 265772.6, "trend": 1.094541, "fair_value": 3.778135, "relative_strength": -17.84239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.36052, "energy": 36.225356, "activity_lines": [ 0.897697, 0.923465, 1.006768, 1.046954 ] }, { "date": "2026-07-10", "close": 0.81, "volume": 4085, "typical_volume": 265561.2, "trend": 1.092874, "fair_value": 3.756469, "relative_strength": -27.571304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.079323, "energy": 41.486414, "activity_lines": [ 0.870463, 0.893628, 0.98312, 1.028596 ] }, { "date": "2026-07-17", "close": 0.81, "volume": 9378, "typical_volume": 264838.45, "trend": 1.075541, "fair_value": 3.735118, "relative_strength": -23.646451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.66016, "energy": 47.52967, "activity_lines": [ 0.845228, 0.870882, 0.961138, 1.010346 ] }, { "date": "2026-07-24", "close": 0.871751, "volume": 38366, "typical_volume": 266022.55, "trend": 1.057932, "fair_value": 3.714518, "relative_strength": -15.851422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.080535, "energy": 37.80442, "activity_lines": [ 0.846777, 0.864637, 0.946228, 0.997199 ] }, { "date": "2026-07-31", "close": 0.89, "volume": 37738, "typical_volume": 261905.25, "trend": 1.047266, "fair_value": 3.694343, "relative_strength": -14.407468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.207582, "energy": 34.540415, "activity_lines": [ 0.8598, 0.866586, 0.933715, 0.986364 ] }, { "date": "2026-08-07", "close": 0.795, "volume": 34808, "typical_volume": 262293.6, "trend": 1.034099, "fair_value": 3.673781, "relative_strength": -27.06977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.588928, "energy": 35.521831, "activity_lines": [ 0.838684, 0.853263, 0.913868, 0.970089 ] } ], "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." } } }