{ "ticker": { "uuid": "5e371c1b-4cd3-43e9-9957-5f5caa632719", "symbol": "HFG", "name": "HelloFresh SE", "exchange": "VIE", "country": "AT", "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": "^ATX", "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": -76.627, "architecture_energy": 89.629, "architecture_maturity": 100.0, "architecture_confidence": 79.341, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 5.93, "rotation_up": 9.7, "upward_expansion": 21.8, "deceleration": 37.07, "rotation_down": 80.6, "downward_expansion": 97.46 }, "activity_lines": [ 3.452133, 3.634509, 3.88599, 4.056716 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 3.353, "trend_reference": 4.3917, "distance_from_trend": -0.236514, "trend_direction": "Weakening", "fair_value": 9.565827, "distance_from_fair_value": -0.649481, "fair_value_direction": "Weakening", "relative_strength": -50.66099, "relative_strength_direction": "Weakening", "price_momentum": -0.4445, "excess_performance": -0.618746, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.236514, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.132001, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.649481, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.028068, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.50661, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.022438, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.4445, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.106164, "read": "Demand-led" } ], "volume": { "latest": 808, "relative_activity": 0.160595, "balance": 2.106164, "dry_up": 0.961978, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.078024, "annualized_volatility": 0.572724, "from_high_reference": -0.646009, "from_low_reference": 0.0 }, "levels": { "trend_reference": 4.3917, "fair_value_reference": 9.565827, "structural_low": 3.353, "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": 39, "median_return": -0.045594, "positive_rate": 0.384615, "directional_follow_through": 0.615385, "median_excess_return": -0.059629, "regime_survival": 0.846154, "best_return": 0.267937, "worst_return": -0.48379, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": -0.162073, "positive_rate": 0.357143, "directional_follow_through": 0.642857, "median_excess_return": -0.140182, "regime_survival": 0.857143, "best_return": 0.196801, "worst_return": -0.513029, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.120485, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.289603, "regime_survival": 0.714286, "best_return": 1.295614, "worst_return": -0.644749, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.436694, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.627912, "regime_survival": 0.75, "best_return": 0.166667, "worst_return": -0.713521, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-08-11", "end": "2023-10-13", "tenure": "Developing", "return": 0.047005, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-20", "end": "2023-11-03", "tenure": "New", "return": -0.134984, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-11-10", "end": "2023-12-01", "tenure": "New", "return": -0.295736, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-08", "end": "2024-08-16", "tenure": "Extended", "return": -0.546401, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-08-30", "tenure": "New", "return": -0.000269, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-06", "end": "2024-09-27", "tenure": "New", "return": 0.389402, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-01-24", "tenure": "Established", "return": 0.222925, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-03-07", "tenure": "Developing", "return": -0.033318, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.094203, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.330406, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": -0.138314, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-20", "end": "2025-07-25", "tenure": "Developing", "return": 0.127148, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": 0.025146, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2026-08-07", "tenure": "Extended", "return": -0.521137, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 25.85, "volume": 0, "typical_volume": 55.7, "trend": 22.313167, "fair_value": 47.496126, "relative_strength": 14.499705, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.7897, "energy": 71.558742, "activity_lines": [ 24.94, 24.180364, 23.196857, 22.762742 ] }, { "date": "2023-08-25", "close": 26.370001, "volume": 0, "typical_volume": 55.7, "trend": 22.4145, "fair_value": 47.357138, "relative_strength": 17.449869, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.790674, "energy": 69.136376, "activity_lines": [ 25.553334, 24.753455, 23.507334, 23.024473 ] }, { "date": "2023-09-01", "close": 29.41, "volume": 6, "typical_volume": 56.0, "trend": 22.612167, "fair_value": 47.239837, "relative_strength": 27.715974, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.820851, "energy": 84.525496, "activity_lines": [ 26.877334, 25.736364, 24.088476, 23.475796 ] }, { "date": "2023-09-08", "close": 29.290001, "volume": 20, "typical_volume": 57.0, "trend": 22.842833, "fair_value": 47.123279, "relative_strength": 28.150241, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.6862, "energy": 89.980365, "activity_lines": [ 27.929334, 26.53291, 24.63481, 23.906624 ] }, { "date": "2023-09-15", "close": 33.349998, "volume": 0, "typical_volume": 57.0, "trend": 23.225833, "fair_value": 47.034419, "relative_strength": 43.43943, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.721979, "energy": 95.922183, "activity_lines": [ 30.048666, 27.948182, 25.549714, 24.584505 ] }, { "date": "2023-09-22", "close": 30.620001, "volume": 0, "typical_volume": 57.0, "trend": 23.5515, "fair_value": 46.929199, "relative_strength": 32.111969, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.728229, "energy": 86.995422, "activity_lines": [ 30.637333, 28.706546, 26.167286, 25.061549 ] }, { "date": "2023-09-29", "close": 28.219999, "volume": 0, "typical_volume": 57.0, "trend": 23.771167, "fair_value": 46.794199, "relative_strength": 21.143356, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.3507, "energy": 73.580246, "activity_lines": [ 30.108, 28.897636, 26.527476, 25.362742 ] }, { "date": "2023-10-06", "close": 26.110001, "volume": 0, "typical_volume": 56.9, "trend": 24.030833, "fair_value": 46.666699, "relative_strength": 13.553193, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.494951, "energy": 50.008339, "activity_lines": [ 28.752, 28.588909, 26.665952, 25.513635 ] }, { "date": "2023-10-13", "close": 25.17, "volume": 0, "typical_volume": 56.8, "trend": 24.337167, "fair_value": 46.479327, "relative_strength": 8.50454, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.071166, "energy": 22.022865, "activity_lines": [ 27.302667, 28.106, 26.697857, 25.587129 ] }, { "date": "2023-10-20", "close": 25.040001, "volume": 0, "typical_volume": 56.8, "trend": 24.593, "fair_value": 46.331891, "relative_strength": 11.765226, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.280076, "energy": 26.892714, "activity_lines": [ 26.084667, 27.596364, 26.704667, 25.632473 ] }, { "date": "2023-10-27", "close": 21.889999, "volume": 0, "typical_volume": 55.8, "trend": 24.589, "fair_value": 46.178494, "relative_strength": -1.932483, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.933406, "energy": 37.74083, "activity_lines": [ 24.370667, 26.495818, 26.389952, 25.458086 ] }, { "date": "2023-11-03", "close": 21.66, "volume": 0, "typical_volume": 55.8, "trend": 24.564, "fair_value": 46.002596, "relative_strength": -7.990937, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.493787, "energy": 45.303026, "activity_lines": [ 23.162, 25.425455, 26.035429, 25.269118 ] }, { "date": "2023-11-10", "close": 20.17, "volume": 0, "typical_volume": 55.8, "trend": 24.419667, "fair_value": 45.847276, "relative_strength": -14.247647, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.064183, "energy": 67.675914, "activity_lines": [ 21.894, 24.169818, 25.524, 24.985634 ] }, { "date": "2023-11-17", "close": 16.025, "volume": 0, "typical_volume": 45.8, "trend": 24.104167, "fair_value": 45.630769, "relative_strength": -32.893903, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.116407, "energy": 80.557804, "activity_lines": [ 19.640333, 22.328545, 24.618714, 24.444043 ] }, { "date": "2023-11-24", "close": 14.815, "volume": 185, "typical_volume": 32.8, "trend": 23.747667, "fair_value": 45.404583, "relative_strength": -37.086684, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.337696, "energy": 86.225611, "activity_lines": [ 17.593, 20.508455, 23.630071, 23.844742 ] }, { "date": "2023-12-01", "close": 14.205, "volume": 361, "typical_volume": 50.85, "trend": 23.402167, "fair_value": 45.188974, "relative_strength": -40.246679, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.956051, "energy": 94.643961, "activity_lines": [ 16.024, 18.914455, 22.629548, 23.229086 ] }, { "date": "2023-12-08", "close": 16.045, "volume": 0, "typical_volume": 50.85, "trend": 23.141667, "fair_value": 44.897276, "relative_strength": -32.101017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.343521, "energy": 88.315573, "activity_lines": [ 15.580667, 17.953455, 21.848143, 22.75443 ] }, { "date": "2023-12-15", "close": 14.845, "volume": 0, "typical_volume": 50.85, "trend": 22.8855, "fair_value": 44.595321, "relative_strength": -37.697711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.241504, "energy": 89.119748, "activity_lines": [ 15.111667, 16.995636, 20.98, 22.219161 ] }, { "date": "2023-12-22", "close": 14.25, "volume": 0, "typical_volume": 28.6, "trend": 22.6105, "fair_value": 44.31359, "relative_strength": -40.425851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.698966, "energy": 89.627185, "activity_lines": [ 14.799333, 16.134455, 20.107976, 21.662032 ] }, { "date": "2023-12-29", "close": 14.175, "volume": 0, "typical_volume": 28.6, "trend": 22.399, "fair_value": 44.007019, "relative_strength": -40.809696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.295207, "energy": 86.769829, "activity_lines": [ 14.580333, 15.458182, 19.28, 21.117806 ] }, { "date": "2024-01-05", "close": 13.295, "volume": 100, "typical_volume": 33.6, "trend": 22.237833, "fair_value": 43.6775, "relative_strength": -43.83679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.941829, "energy": 89.955051, "activity_lines": [ 14.110667, 14.819455, 18.41519, 20.530452 ] }, { "date": "2024-01-12", "close": 13.115, "volume": 0, "typical_volume": 33.6, "trend": 22.058, "fair_value": 43.366699, "relative_strength": -43.397556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.628707, "energy": 87.418864, "activity_lines": [ 13.641667, 14.304273, 17.593024, 19.941882 ] }, { "date": "2024-01-19", "close": 11.63, "volume": 0, "typical_volume": 33.3, "trend": 21.767, "fair_value": 43.001827, "relative_strength": -48.481809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.45954, "energy": 87.272701, "activity_lines": [ 12.873, 13.674455, 16.692548, 19.269108 ] }, { "date": "2024-01-26", "close": 13.095, "volume": 0, "typical_volume": 32.3, "trend": 21.446167, "fair_value": 42.639295, "relative_strength": -43.353941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.106513, "energy": 78.545766, "activity_lines": [ 12.807, 13.466273, 16.016262, 18.709624 ] }, { "date": "2024-02-02", "close": 12.175, "volume": 0, "typical_volume": 32.3, "trend": 21.034667, "fair_value": 42.243942, "relative_strength": -46.583749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.411418, "energy": 71.503012, "activity_lines": [ 12.511333, 13.144091, 15.329476, 18.111484 ] }, { "date": "2024-02-09", "close": 12.8, "volume": 0, "typical_volume": 32.3, "trend": 20.680667, "fair_value": 41.833686, "relative_strength": -42.021621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.233258, "energy": 66.034626, "activity_lines": [ 12.557333, 12.983545, 14.803048, 17.580215 ] }, { "date": "2024-02-16", "close": 12.4, "volume": 0, "typical_volume": 32.3, "trend": 20.366333, "fair_value": 41.456122, "relative_strength": -44.194369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.128383, "energy": 66.307201, "activity_lines": [ 12.503, 12.775818, 14.323381, 17.045979 ] }, { "date": "2024-02-23", "close": 12.575, "volume": 0, "typical_volume": 32.3, "trend": 19.921167, "fair_value": 41.126154, "relative_strength": -42.648949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.664127, "energy": 64.979848, "activity_lines": [ 12.554667, 12.666182, 13.935714, 16.543312 ] }, { "date": "2024-03-01", "close": 12.77, "volume": 1356, "typical_volume": 100.1, "trend": 19.5135, "fair_value": 40.830769, "relative_strength": -41.245126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.689994, "energy": 60.901826, "activity_lines": [ 12.608333, 12.633273, 13.631071, 16.081946 ] }, { "date": "2024-03-08", "close": 11.705, "volume": 700, "typical_volume": 135.1, "trend": 19.102333, "fair_value": 40.514776, "relative_strength": -45.844691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.346829, "energy": 66.389635, "activity_lines": [ 12.328667, 12.433636, 13.284048, 15.578172 ] }, { "date": "2024-03-15", "close": 7.404, "volume": 12, "typical_volume": 135.7, "trend": 18.487467, "fair_value": 40.156468, "relative_strength": -65.758345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.139552, "energy": 75.24369, "activity_lines": [ 10.646667, 11.496909, 12.590905, 14.823441 ] }, { "date": "2024-03-22", "close": 6.634, "volume": 0, "typical_volume": 135.7, "trend": 17.8296, "fair_value": 39.795468, "relative_strength": -69.749339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.185196, "energy": 76.912798, "activity_lines": [ 9.067733, 10.527291, 11.89341, 14.058701 ] }, { "date": "2024-03-29", "close": 6.592, "volume": 0, "typical_volume": 135.7, "trend": 17.069, "fair_value": 39.422596, "relative_strength": -69.787259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.594632, "energy": 94.167099, "activity_lines": [ 7.8592, 9.667873, 11.263467, 13.333695 ] }, { "date": "2024-04-05", "close": 6.42, "volume": 15, "typical_volume": 136.45, "trend": 16.306667, "fair_value": 39.011827, "relative_strength": -70.348166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.396496, "energy": 92.260445, "activity_lines": [ 6.9922, 8.868782, 10.6818, 12.646662 ] }, { "date": "2024-04-12", "close": 6.6, "volume": 0, "typical_volume": 127.2, "trend": 15.415, "fair_value": 38.582468, "relative_strength": -68.856983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.043788, "energy": 88.976215, "activity_lines": [ 6.608533, 8.223782, 10.163014, 12.020426 ] }, { "date": "2024-04-19", "close": 6.806, "volume": 0, "typical_volume": 109.15, "trend": 14.6212, "fair_value": 38.179942, "relative_strength": -67.095936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.421233, "energy": 79.660243, "activity_lines": [ 6.633867, 7.7176, 9.702967, 11.465006 ] }, { "date": "2024-04-26", "close": 7.23, "volume": 450, "typical_volume": 131.65, "trend": 13.921533, "fair_value": 37.78475, "relative_strength": -64.48092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.77008, "energy": 67.283355, "activity_lines": [ 6.8404, 7.397491, 9.318533, 10.988155 ] }, { "date": "2024-05-03", "close": 6.154, "volume": 0, "typical_volume": 131.65, "trend": 13.256333, "fair_value": 37.404583, "relative_strength": -69.520982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.004054, "energy": 69.561489, "activity_lines": [ 6.648533, 6.975745, 8.8736, 10.487024 ] }, { "date": "2024-05-10", "close": 5.712, "volume": 0, "typical_volume": 131.65, "trend": 12.607733, "fair_value": 37.011071, "relative_strength": -71.87012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.910192, "energy": 70.379553, "activity_lines": [ 6.338533, 6.590382, 8.427957, 10.000292 ] }, { "date": "2024-05-17", "close": 5.688, "volume": 0, "typical_volume": 131.65, "trend": 11.962667, "fair_value": 36.57125, "relative_strength": -71.915763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.788352, "energy": 69.17612, "activity_lines": [ 6.067733, 6.328982, 8.020686, 9.553858 ] }, { "date": "2024-05-24", "close": 5.866, "volume": 0, "typical_volume": 126.65, "trend": 11.428533, "fair_value": 36.132058, "relative_strength": -70.408452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.53748, "energy": 66.76347, "activity_lines": [ 5.917067, 6.209345, 7.670781, 9.160525 ] }, { "date": "2024-05-31", "close": 5.57, "volume": 0, "typical_volume": 126.65, "trend": 10.8922, "fair_value": 35.651865, "relative_strength": -70.922566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.1047, "energy": 74.905002, "activity_lines": [ 5.7304, 6.063855, 7.328062, 8.782555 ] }, { "date": "2024-06-07", "close": 5.7, "volume": 0, "typical_volume": 126.65, "trend": 10.409867, "fair_value": 35.154429, "relative_strength": -69.531157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.584846, "energy": 70.35878, "activity_lines": [ 5.697733, 5.961345, 7.033652, 8.447574 ] }, { "date": "2024-06-14", "close": 5.28, "volume": 0, "typical_volume": 126.65, "trend": 10.0517, "fair_value": 34.660455, "relative_strength": -70.301837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.409914, "energy": 93.057466, "activity_lines": [ 5.555333, 5.798691, 6.727481, 8.116615 ] }, { "date": "2024-06-21", "close": 4.88, "volume": 0, "typical_volume": 126.65, "trend": 9.720533, "fair_value": 34.17866, "relative_strength": -72.429508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.02449, "energy": 95.542928, "activity_lines": [ 5.3084, 5.584036, 6.420429, 7.782957 ] }, { "date": "2024-06-28", "close": 4.51, "volume": 0, "typical_volume": 126.65, "trend": 9.397367, "fair_value": 33.676545, "relative_strength": -74.043173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.638808, "energy": 95.144271, "activity_lines": [ 4.992, 5.333382, 6.112876, 7.446794 ] }, { "date": "2024-07-05", "close": 6.272, "volume": 2216, "typical_volume": 237.45, "trend": 9.0716, "fair_value": 33.189955, "relative_strength": -63.977593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.988696, "energy": 65.663308, "activity_lines": [ 5.353333, 5.444836, 6.01261, 7.245157 ] }, { "date": "2024-07-12", "close": 5.844, "volume": 0, "typical_volume": 237.45, "trend": 8.771567, "fair_value": 32.703058, "relative_strength": -65.59348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.878773, "energy": 58.531549, "activity_lines": [ 5.5252, 5.495891, 5.900762, 7.036925 ] }, { "date": "2024-07-19", "close": 5.86, "volume": 0, "typical_volume": 169.65, "trend": 8.4919, "fair_value": 32.201519, "relative_strength": -64.398121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.742856, "energy": 48.405836, "activity_lines": [ 5.6928, 5.555491, 5.82249, 6.849082 ] }, { "date": "2024-07-26", "close": 5.9, "volume": 0, "typical_volume": 134.65, "trend": 8.216067, "fair_value": 31.731391, "relative_strength": -63.132773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.419966, "energy": 29.625822, "activity_lines": [ 5.835067, 5.619673, 5.780933, 6.681862 ] }, { "date": "2024-08-02", "close": 5.202, "volume": 0, "typical_volume": 134.05, "trend": 7.9463, "fair_value": 31.27884, "relative_strength": -65.188206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.725369, "energy": 41.982623, "activity_lines": [ 5.676667, 5.553091, 5.700543, 6.487406 ] }, { "date": "2024-08-09", "close": 5.092, "volume": 0, "typical_volume": 134.05, "trend": 7.678867, "fair_value": 30.781737, "relative_strength": -65.274576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.30349, "energy": 50.222495, "activity_lines": [ 5.435467, 5.478582, 5.620162, 6.303258 ] }, { "date": "2024-08-16", "close": 7.278, "volume": 0, "typical_volume": 134.05, "trend": 7.5338, "fair_value": 30.222237, "relative_strength": -49.793002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.588335, "energy": 7.565853, "activity_lines": [ 6.0016, 5.810218, 5.755314, 6.277396 ] }, { "date": "2024-08-23", "close": 7.43, "volume": 0, "typical_volume": 133.3, "trend": 7.344967, "fair_value": 29.669353, "relative_strength": -47.985092, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.725273, "energy": 20.492615, "activity_lines": [ 6.5228, 6.1408, 5.901676, 6.270699 ] }, { "date": "2024-08-30", "close": 7.428, "volume": 0, "typical_volume": 133.3, "trend": 7.186733, "fair_value": 29.117096, "relative_strength": -46.629772, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.203087, "energy": 33.958733, "activity_lines": [ 6.938667, 6.431927, 6.043038, 6.276056 ] }, { "date": "2024-09-06", "close": 6.718, "volume": 0, "typical_volume": 133.3, "trend": 6.984, "fair_value": 28.571955, "relative_strength": -47.723618, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.565867, "energy": 37.80516, "activity_lines": [ 7.016, 6.547636, 6.112838, 6.245815 ] }, { "date": "2024-09-13", "close": 7.998, "volume": 4442, "typical_volume": 332.9, "trend": 6.837267, "fair_value": 28.062071, "relative_strength": -35.267272, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.530596, "energy": 60.884378, "activity_lines": [ 7.418933, 6.855927, 6.304962, 6.311234 ] }, { "date": "2024-09-20", "close": 8.5, "volume": 0, "typical_volume": 332.9, "trend": 6.701433, "fair_value": 27.573096, "relative_strength": -28.502006, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.88413, "energy": 69.324801, "activity_lines": [ 7.795467, 7.224109, 6.541238, 6.418508 ] }, { "date": "2024-09-27", "close": 9.334, "volume": 1000, "typical_volume": 382.9, "trend": 6.5869, "fair_value": 27.12075, "relative_strength": -19.182774, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 86.663851, "energy": 86.761247, "activity_lines": [ 8.368533, 7.695636, 6.845771, 6.588351 ] }, { "date": "2024-10-04", "close": 9.326, "volume": 0, "typical_volume": 382.9, "trend": 6.5076, "fair_value": 26.667327, "relative_strength": -15.416302, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.425128, "energy": 91.930759, "activity_lines": [ 8.812, 8.102545, 7.132295, 6.765067 ] }, { "date": "2024-10-11", "close": 8.952, "volume": 0, "typical_volume": 382.9, "trend": 6.5592, "fair_value": 26.205224, "relative_strength": -16.014084, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.297858, "energy": 86.337374, "activity_lines": [ 9.004267, 8.379164, 7.365876, 6.92277 ] }, { "date": "2024-10-18", "close": 8.656, "volume": 0, "typical_volume": 382.9, "trend": 6.6266, "fair_value": 25.753019, "relative_strength": -15.855904, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.709876, "energy": 82.964553, "activity_lines": [ 8.948933, 8.533782, 7.556571, 7.058047 ] }, { "date": "2024-10-25", "close": 9.542, "volume": 3716, "typical_volume": 568.7, "trend": 6.724933, "fair_value": 25.365468, "relative_strength": -3.084306, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.030802, "energy": 73.290403, "activity_lines": [ 9.145067, 8.784691, 7.816952, 7.246138 ] }, { "date": "2024-11-01", "close": 10.635, "volume": 1500, "typical_volume": 643.7, "trend": 6.865433, "fair_value": 24.89518, "relative_strength": 12.670882, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.527632, "energy": 70.304796, "activity_lines": [ 9.636067, 9.193164, 8.163133, 7.4984 ] }, { "date": "2024-11-08", "close": 10.87, "volume": 110, "typical_volume": 649.2, "trend": 7.007767, "fair_value": 24.419474, "relative_strength": 17.185778, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.943712, "energy": 70.381209, "activity_lines": [ 10.118667, 9.586091, 8.506195, 7.756759 ] }, { "date": "2024-11-15", "close": 10.51, "volume": 0, "typical_volume": 649.2, "trend": 7.131233, "fair_value": 23.884795, "relative_strength": 14.760262, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.76476, "energy": 82.481624, "activity_lines": [ 10.378333, 9.850982, 8.786448, 7.98271 ] }, { "date": "2024-11-22", "close": 10.6, "volume": 0, "typical_volume": 538.4, "trend": 7.243567, "fair_value": 23.346077, "relative_strength": 17.870045, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.459485, "energy": 82.273955, "activity_lines": [ 10.564133, 10.063291, 9.0467, 8.206501 ] }, { "date": "2024-11-29", "close": 11.55, "volume": 100, "typical_volume": 543.4, "trend": 7.423433, "fair_value": 22.883577, "relative_strength": 29.188624, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.531598, "energy": 81.791101, "activity_lines": [ 10.937, 10.401018, 9.376819, 8.484335 ] }, { "date": "2024-12-06", "close": 13.085, "volume": 0, "typical_volume": 543.4, "trend": 7.6692, "fair_value": 22.49143, "relative_strength": 45.853288, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.142512, "energy": 84.48371, "activity_lines": [ 11.687667, 10.962382, 9.825957, 8.849598 ] }, { "date": "2024-12-13", "close": 12.68, "volume": 0, "typical_volume": 543.4, "trend": 7.902267, "fair_value": 22.130404, "relative_strength": 39.850205, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.793156, "energy": 78.688247, "activity_lines": [ 12.14, 11.381909, 10.202119, 9.172875 ] }, { "date": "2024-12-20", "close": 12.075, "volume": 0, "typical_volume": 543.4, "trend": 8.109233, "fair_value": 21.768321, "relative_strength": 36.201631, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.707847, "energy": 72.369236, "activity_lines": [ 12.27, 11.630455, 10.488376, 9.442084 ] }, { "date": "2024-12-27", "close": 12.31, "volume": 0, "typical_volume": 543.4, "trend": 8.3339, "fair_value": 21.411718, "relative_strength": 38.077762, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.216313, "energy": 70.209158, "activity_lines": [ 12.374, 11.864945, 10.764286, 9.713101 ] }, { "date": "2025-01-03", "close": 12.915, "volume": 200, "typical_volume": 553.4, "trend": 8.5744, "fair_value": 21.115276, "relative_strength": 44.43845, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.097472, "energy": 66.972667, "activity_lines": [ 12.565667, 12.143, 11.063443, 10.008656 ] }, { "date": "2025-01-10", "close": 11.88, "volume": 0, "typical_volume": 553.4, "trend": 8.7944, "fair_value": 20.831942, "relative_strength": 33.473797, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.615167, "energy": 56.069569, "activity_lines": [ 12.321333, 12.171545, 11.237186, 10.22192 ] }, { "date": "2025-01-17", "close": 12.915, "volume": 10, "typical_volume": 553.9, "trend": 9.062233, "fair_value": 20.546397, "relative_strength": 40.219105, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.808241, "energy": 57.135387, "activity_lines": [ 12.502333, 12.365636, 11.48831, 10.487766 ] }, { "date": "2025-01-24", "close": 11.405, "volume": 42, "typical_volume": 556.0, "trend": 9.292067, "fair_value": 20.26143, "relative_strength": 22.537626, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.016901, "energy": 40.277735, "activity_lines": [ 12.164333, 12.248, 11.569495, 10.638912 ] }, { "date": "2025-01-31", "close": 10.655, "volume": 2, "typical_volume": 334.0, "trend": 9.438167, "fair_value": 19.981141, "relative_strength": 14.623004, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.008143, "energy": 22.994573, "activity_lines": [ 11.621, 11.977727, 11.556933, 10.726843 ] }, { "date": "2025-02-07", "close": 11.495, "volume": 0, "typical_volume": 334.0, "trend": 9.626533, "fair_value": 19.737263, "relative_strength": 24.019528, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.032065, "energy": 20.450504, "activity_lines": [ 11.468, 11.859182, 11.611719, 10.859542 ] }, { "date": "2025-02-14", "close": 12.565, "volume": 200, "typical_volume": 294.0, "trend": 9.850033, "fair_value": 19.510885, "relative_strength": 29.363799, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.866315, "energy": 24.851627, "activity_lines": [ 11.766333, 11.936182, 11.754148, 11.04912 ] }, { "date": "2025-02-21", "close": 12.835, "volume": 5, "typical_volume": 294.25, "trend": 10.0812, "fair_value": 19.291622, "relative_strength": 33.876588, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.404094, "energy": 32.257561, "activity_lines": [ 12.109, 12.071727, 11.906905, 11.241699 ] }, { "date": "2025-02-28", "close": 11.895, "volume": 0, "typical_volume": 294.25, "trend": 10.3043, "fair_value": 19.125436, "relative_strength": 22.009349, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.86971, "energy": 31.880643, "activity_lines": [ 12.143667, 12.033545, 11.953429, 11.358718 ] }, { "date": "2025-03-07", "close": 10.3, "volume": 0, "typical_volume": 294.25, "trend": 10.4779, "fair_value": 18.953962, "relative_strength": 3.030809, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.926117, "energy": 8.864783, "activity_lines": [ 11.614, 11.708636, 11.834033, 11.358441 ] }, { "date": "2025-03-14", "close": 8.004, "volume": 0, "typical_volume": 108.45, "trend": 10.5021, "fair_value": 18.736936, "relative_strength": -19.864193, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -40.831529, "energy": 39.232189, "activity_lines": [ 10.342667, 11.002818, 11.488143, 11.198834 ] }, { "date": "2025-03-21", "close": 7.742, "volume": 250, "typical_volume": 45.95, "trend": 10.5125, "fair_value": 18.531949, "relative_strength": -21.74009, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.771071, "energy": 67.709757, "activity_lines": [ 9.216733, 10.338655, 11.124624, 11.020763 ] }, { "date": "2025-03-28", "close": 7.918, "volume": 175, "typical_volume": 49.2, "trend": 10.528833, "fair_value": 18.311808, "relative_strength": -18.378001, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.7615, "energy": 74.996952, "activity_lines": [ 8.471, 9.781727, 10.791643, 10.853376 ] }, { "date": "2025-04-04", "close": 7.49, "volume": 0, "typical_volume": 49.2, "trend": 10.554567, "fair_value": 18.104564, "relative_strength": -14.448011, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.189912, "energy": 79.232293, "activity_lines": [ 7.9104, 9.237836, 10.431957, 10.657323 ] }, { "date": "2025-04-11", "close": 7.25, "volume": 0, "typical_volume": 49.2, "trend": 10.529633, "fair_value": 17.907769, "relative_strength": -16.215975, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.605565, "energy": 88.982317, "activity_lines": [ 7.563467, 8.721491, 10.063795, 10.444125 ] }, { "date": "2025-04-18", "close": 8.084, "volume": 0, "typical_volume": 44.2, "trend": 10.515767, "fair_value": 17.723821, "relative_strength": -11.448934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.570742, "energy": 80.339592, "activity_lines": [ 7.697867, 8.418691, 9.791014, 10.286342 ] }, { "date": "2025-04-25", "close": 8.466, "volume": 0, "typical_volume": 44.2, "trend": 10.486833, "fair_value": 17.517385, "relative_strength": -10.621166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.889914, "energy": 60.813232, "activity_lines": [ 7.954267, 8.247364, 9.571119, 10.154099 ] }, { "date": "2025-05-02", "close": 9.376, "volume": 0, "typical_volume": 44.2, "trend": 10.4885, "fair_value": 17.348321, "relative_strength": -2.868565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.12451, "energy": 41.657858, "activity_lines": [ 8.465733, 8.316018, 9.459886, 10.082432 ] }, { "date": "2025-05-09", "close": 9.83, "volume": 0, "typical_volume": 44.2, "trend": 10.517767, "fair_value": 17.189218, "relative_strength": -3.248552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.076929, "energy": 27.267021, "activity_lines": [ 9.031333, 8.530109, 9.407624, 10.039948 ] }, { "date": "2025-05-16", "close": 10.25, "volume": 0, "typical_volume": 44.2, "trend": 10.5709, "fair_value": 17.033192, "relative_strength": -2.639591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.178206, "energy": 28.677085, "activity_lines": [ 9.580933, 8.858109, 9.406052, 10.022673 ] }, { "date": "2025-05-23", "close": 10.755, "volume": 0, "typical_volume": 34.2, "trend": 10.611333, "fair_value": 16.878673, "relative_strength": 2.687125, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.094638, "energy": 25.239511, "activity_lines": [ 10.098867, 9.278836, 9.462386, 10.034551 ] }, { "date": "2025-05-30", "close": 10.44, "volume": 0, "typical_volume": 34.2, "trend": 10.604833, "fair_value": 16.726878, "relative_strength": -1.963623, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.108336, "energy": 26.379041, "activity_lines": [ 10.333733, 9.592273, 9.499005, 10.023497 ] }, { "date": "2025-06-06", "close": 9.42, "volume": 0, "typical_volume": 33.7, "trend": 10.5565, "fair_value": 16.574635, "relative_strength": -12.374944, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.186165, "energy": 23.055879, "activity_lines": [ 10.097, 9.6712, 9.445338, 9.947056 ] }, { "date": "2025-06-13", "close": 8.996, "volume": 0, "typical_volume": 31.6, "trend": 10.506033, "fair_value": 16.450763, "relative_strength": -14.901791, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.758625, "energy": 20.07312, "activity_lines": [ 9.716, 9.645727, 9.367933, 9.846378 ] }, { "date": "2025-06-20", "close": 8.148, "volume": 0, "typical_volume": 31.5, "trend": 10.4243, "fair_value": 16.307096, "relative_strength": -22.878736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.265971, "energy": 40.479773, "activity_lines": [ 9.107933, 9.438691, 9.221238, 9.694247 ] }, { "date": "2025-06-27", "close": 7.944, "volume": 2000, "typical_volume": 131.5, "trend": 10.3041, "fair_value": 16.15616, "relative_strength": -26.560515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.785202, "energy": 71.622431, "activity_lines": [ 8.572, 9.178236, 9.067052, 9.534228 ] }, { "date": "2025-07-04", "close": 8.884, "volume": 0, "typical_volume": 121.5, "trend": 10.164067, "fair_value": 15.994712, "relative_strength": -17.440867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.540427, "energy": 64.261262, "activity_lines": [ 8.5368, 9.091236, 9.0193, 9.442609 ] }, { "date": "2025-07-11", "close": 8.476, "volume": 0, "typical_volume": 121.25, "trend": 10.023933, "fair_value": 15.844878, "relative_strength": -23.157977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.563784, "energy": 69.344456, "activity_lines": [ 8.469333, 8.922455, 8.950219, 9.333701 ] }, { "date": "2025-07-18", "close": 8.786, "volume": 0, "typical_volume": 121.25, "trend": 9.9143, "fair_value": 15.731135, "relative_strength": -20.613374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.110961, "energy": 50.56519, "activity_lines": [ 8.568133, 8.8264, 8.931419, 9.253834 ] }, { "date": "2025-07-25", "close": 9.184, "volume": 0, "typical_volume": 121.25, "trend": 9.8101, "fair_value": 15.618468, "relative_strength": -18.902557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.410825, "energy": 26.746084, "activity_lines": [ 8.8136, 8.821691, 8.965329, 9.206718 ] }, { "date": "2025-08-01", "close": 9.226, "volume": 0, "typical_volume": 121.25, "trend": 9.687133, "fair_value": 15.494853, "relative_strength": -16.753003, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.514261, "energy": 15.152719, "activity_lines": [ 9.004, 8.844, 9.008552, 9.169034 ] }, { "date": "2025-08-08", "close": 9.458, "volume": 0, "typical_volume": 108.75, "trend": 9.6064, "fair_value": 15.363173, "relative_strength": -19.783149, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.83994, "energy": 14.954397, "activity_lines": [ 9.186267, 8.936291, 9.068052, 9.154252 ] }, { "date": "2025-08-15", "close": 7.002, "volume": 654, "typical_volume": 132.7, "trend": 9.4093, "fair_value": 15.228058, "relative_strength": -41.898126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.23188, "energy": 36.035957, "activity_lines": [ 8.5116, 8.599891, 8.885476, 8.986226 ] }, { "date": "2025-08-22", "close": 8.158, "volume": 0, "typical_volume": 132.7, "trend": 9.301067, "fair_value": 15.122212, "relative_strength": -31.295108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.979579, "energy": 42.367207, "activity_lines": [ 8.320533, 8.517636, 8.817357, 8.905497 ] }, { "date": "2025-08-29", "close": 7.576, "volume": 0, "typical_volume": 132.7, "trend": 9.198433, "fair_value": 15.015455, "relative_strength": -33.638892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.739372, "energy": 63.123454, "activity_lines": [ 7.977333, 8.3448, 8.690629, 8.794202 ] }, { "date": "2025-09-05", "close": 8.074, "volume": 0, "typical_volume": 132.7, "trend": 9.0844, "fair_value": 14.898301, "relative_strength": -28.952974, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.989284, "energy": 66.244118, "activity_lines": [ 7.907333, 8.272909, 8.609776, 8.721658 ] }, { "date": "2025-09-12", "close": 7.596, "volume": 0, "typical_volume": 132.7, "trend": 8.918767, "fair_value": 14.785327, "relative_strength": -33.580972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.16983, "energy": 63.574303, "activity_lines": [ 7.7548, 8.111745, 8.483448, 8.625632 ] }, { "date": "2025-09-19", "close": 7.712, "volume": 0, "typical_volume": 132.7, "trend": 8.748, "fair_value": 14.693801, "relative_strength": -31.921525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.295285, "energy": 58.119615, "activity_lines": [ 7.765067, 7.995091, 8.37231, 8.547776 ] }, { "date": "2025-09-26", "close": 7.304, "volume": 0, "typical_volume": 132.7, "trend": 8.594967, "fair_value": 14.601006, "relative_strength": -35.374403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.141876, "energy": 54.536246, "activity_lines": [ 7.592, 7.818145, 8.230238, 8.454615 ] }, { "date": "2025-10-03", "close": 7.24, "volume": 1900, "typical_volume": 227.7, "trend": 8.492967, "fair_value": 14.515173, "relative_strength": -36.790009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.263342, "energy": 61.187886, "activity_lines": [ 7.454533, 7.656509, 8.0941, 8.367198 ] }, { "date": "2025-10-10", "close": 7.478, "volume": 4483, "typical_volume": 451.85, "trend": 8.475433, "fair_value": 14.422532, "relative_strength": -32.984048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.432527, "energy": 47.530258, "activity_lines": [ 7.4188, 7.573491, 7.994962, 8.301716 ] }, { "date": "2025-10-17", "close": 7.11, "volume": 468, "typical_volume": 475.25, "trend": 8.454367, "fair_value": 14.333301, "relative_strength": -34.614319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.974323, "energy": 59.646856, "activity_lines": [ 7.300133, 7.455345, 7.876381, 8.213624 ] }, { "date": "2025-10-24", "close": 7.562, "volume": 108, "typical_volume": 480.65, "trend": 8.4425, "fair_value": 14.251647, "relative_strength": -31.186466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.70439, "energy": 41.538012, "activity_lines": [ 7.364533, 7.462073, 7.816705, 8.156052 ] }, { "date": "2025-10-31", "close": 7.044, "volume": 240, "typical_volume": 492.65, "trend": 8.427633, "fair_value": 14.160712, "relative_strength": -36.995181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.304871, "energy": 41.46026, "activity_lines": [ 7.266267, 7.364436, 7.716543, 8.065826 ] }, { "date": "2025-11-07", "close": 5.714, "volume": 406, "typical_volume": 512.95, "trend": 8.376433, "fair_value": 14.018814, "relative_strength": -47.503489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.696412, "energy": 63.475755, "activity_lines": [ 6.742, 7.045236, 7.49901, 7.890753 ] }, { "date": "2025-11-14", "close": 5.8, "volume": 108, "typical_volume": 418.35, "trend": 8.3003, "fair_value": 13.902532, "relative_strength": -47.019107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.90554, "energy": 83.996961, "activity_lines": [ 6.348133, 6.775527, 7.301257, 7.724531 ] }, { "date": "2025-11-21", "close": 5.266, "volume": 118, "typical_volume": 424.25, "trend": 8.193633, "fair_value": 13.780071, "relative_strength": -50.448865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.020153, "energy": 94.011768, "activity_lines": [ 5.888133, 6.450073, 7.062857, 7.52877 ] }, { "date": "2025-11-28", "close": 6.18, "volume": 212, "typical_volume": 434.85, "trend": 8.0871, "fair_value": 13.65693, "relative_strength": -43.413718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.266133, "energy": 86.709165, "activity_lines": [ 5.855733, 6.333164, 6.928733, 7.398858 ] }, { "date": "2025-12-05", "close": 6.052, "volume": 362, "typical_volume": 452.95, "trend": 7.961167, "fair_value": 13.540981, "relative_strength": -44.159444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.516933, "energy": 83.470073, "activity_lines": [ 5.8728, 6.220836, 6.793352, 7.267561 ] }, { "date": "2025-12-12", "close": 5.644, "volume": 416, "typical_volume": 473.75, "trend": 7.807633, "fair_value": 13.443506, "relative_strength": -47.009275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.350302, "energy": 68.326723, "activity_lines": [ 5.82, 6.057091, 6.632133, 7.118067 ] }, { "date": "2025-12-19", "close": 5.758, "volume": 581, "typical_volume": 502.8, "trend": 7.641067, "fair_value": 13.34593, "relative_strength": -46.173074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.802314, "energy": 56.468896, "activity_lines": [ 5.809867, 5.943091, 6.498629, 6.985832 ] }, { "date": "2025-12-26", "close": 5.734, "volume": 120, "typical_volume": 508.8, "trend": 7.4842, "fair_value": 13.250442, "relative_strength": -45.344867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.068298, "energy": 55.527753, "activity_lines": [ 5.794533, 5.856, 6.379352, 6.862796 ] }, { "date": "2026-01-02", "close": 5.984, "volume": 0, "typical_volume": 476.1, "trend": 7.369667, "fair_value": 13.130532, "relative_strength": -42.743717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.163515, "energy": 50.44414, "activity_lines": [ 5.831333, 5.839382, 6.301619, 6.766009 ] }, { "date": "2026-01-09", "close": 5.78, "volume": 0, "typical_volume": 476.1, "trend": 7.262467, "fair_value": 12.994378, "relative_strength": -44.018835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.96123, "energy": 49.033962, "activity_lines": [ 5.8132, 5.814364, 6.209305, 6.663449 ] }, { "date": "2026-01-16", "close": 5.832, "volume": 0, "typical_volume": 476.1, "trend": 7.185267, "fair_value": 12.883942, "relative_strength": -42.856438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.908839, "energy": 41.539944, "activity_lines": [ 5.830533, 5.821782, 6.133267, 6.571161 ] }, { "date": "2026-01-23", "close": 5.576, "volume": 62, "typical_volume": 479.2, "trend": 7.106333, "fair_value": 12.770135, "relative_strength": -44.734167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.328246, "energy": 46.645856, "activity_lines": [ 5.75, 5.780509, 6.041152, 6.467338 ] }, { "date": "2026-01-30", "close": 5.514, "volume": 0, "typical_volume": 479.2, "trend": 6.994, "fair_value": 12.654968, "relative_strength": -45.161514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.505381, "energy": 51.066436, "activity_lines": [ 5.660933, 5.732036, 5.955029, 6.364606 ] }, { "date": "2026-02-06", "close": 6.036, "volume": 60, "typical_volume": 482.2, "trend": 6.912667, "fair_value": 12.550263, "relative_strength": -39.379303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.200645, "energy": 44.180625, "activity_lines": [ 5.760533, 5.773964, 5.928533, 6.3028 ] }, { "date": "2026-02-13", "close": 5.238, "volume": 0, "typical_volume": 482.2, "trend": 6.7944, "fair_value": 12.443712, "relative_strength": -45.717776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.147384, "energy": 52.020006, "activity_lines": [ 5.590667, 5.673418, 5.834019, 6.194757 ] }, { "date": "2026-02-20", "close": 4.968, "volume": 72, "typical_volume": 390.8, "trend": 6.653867, "fair_value": 12.341904, "relative_strength": -48.827467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.805602, "energy": 66.35148, "activity_lines": [ 5.366933, 5.538582, 5.723629, 6.076925 ] }, { "date": "2026-02-27", "close": 4.793, "volume": 0, "typical_volume": 166.65, "trend": 6.5061, "fair_value": 12.233974, "relative_strength": -48.513916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.351262, "energy": 82.841419, "activity_lines": [ 5.142467, 5.384218, 5.60739, 5.956869 ] }, { "date": "2026-03-06", "close": 5.018, "volume": 48, "typical_volume": 145.65, "trend": 6.3581, "fair_value": 12.148705, "relative_strength": -42.120446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.935384, "energy": 80.44673, "activity_lines": [ 5.0452, 5.288309, 5.525367, 5.860862 ] }, { "date": "2026-03-13", "close": 4.808, "volume": 0, "typical_volume": 140.25, "trend": 6.284967, "fair_value": 12.07709, "relative_strength": -42.406414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.708614, "energy": 85.142958, "activity_lines": [ 4.911, 5.167236, 5.433305, 5.760856 ] }, { "date": "2026-03-20", "close": 3.645, "volume": 842, "typical_volume": 170.35, "trend": 6.134533, "fair_value": 11.989141, "relative_strength": -55.157337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.188543, "energy": 95.227467, "activity_lines": [ 4.471, 4.856091, 5.243595, 5.590535 ] }, { "date": "2026-03-27", "close": 3.922, "volume": 1748, "typical_volume": 237.45, "trend": 6.012733, "fair_value": 11.873192, "relative_strength": -51.76193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.577279, "energy": 87.481845, "activity_lines": [ 4.229533, 4.634127, 5.096452, 5.447791 ] }, { "date": "2026-04-03", "close": 3.91, "volume": 46, "typical_volume": 234.35, "trend": 5.873933, "fair_value": 11.754603, "relative_strength": -52.804206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.056092, "energy": 87.775644, "activity_lines": [ 4.0538, 4.444709, 4.9567, 5.312131 ] }, { "date": "2026-04-10", "close": 3.877, "volume": 1, "typical_volume": 228.5, "trend": 5.749967, "fair_value": 11.622404, "relative_strength": -55.344207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.706102, "energy": 85.251552, "activity_lines": [ 3.925933, 4.279582, 4.822805, 5.183297 ] }, { "date": "2026-04-17", "close": 4.558, "volume": 4093, "typical_volume": 422.55, "trend": 5.644833, "fair_value": 11.488224, "relative_strength": -47.897754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.648889, "energy": 60.012344, "activity_lines": [ 4.101133, 4.268036, 4.760381, 5.106396 ] }, { "date": "2026-04-24", "close": 4.428, "volume": 0, "typical_volume": 404.45, "trend": 5.548967, "fair_value": 11.353083, "relative_strength": -46.672044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.404557, "energy": 50.215592, "activity_lines": [ 4.249667, 4.259727, 4.6933, 5.02789 ] }, { "date": "2026-05-01", "close": 4.617, "volume": 592, "typical_volume": 413.25, "trend": 5.461533, "fair_value": 11.22518, "relative_strength": -43.678013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.567163, "energy": 33.945876, "activity_lines": [ 4.409, 4.300509, 4.651952, 4.967763 ] }, { "date": "2026-05-08", "close": 4.202, "volume": 46221, "typical_volume": 2695.25, "trend": 5.352333, "fair_value": 11.099167, "relative_strength": -48.41722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.542121, "energy": 27.652494, "activity_lines": [ 4.383667, 4.272218, 4.575971, 4.886503 ] }, { "date": "2026-05-15", "close": 4.239, "volume": 20173, "typical_volume": 3697.9, "trend": 5.256633, "fair_value": 10.981917, "relative_strength": -46.57542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.45703, "energy": 31.820056, "activity_lines": [ 4.3512, 4.2614, 4.510924, 4.814675 ] }, { "date": "2026-05-22", "close": 4.313, "volume": 51, "typical_volume": 3700.45, "trend": 5.148333, "fair_value": 10.865333, "relative_strength": -45.415423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.968067, "energy": 31.356319, "activity_lines": [ 4.319267, 4.2782, 4.460043, 4.753796 ] }, { "date": "2026-05-29", "close": 4.381, "volume": 0, "typical_volume": 3700.45, "trend": 5.059567, "fair_value": 10.761878, "relative_strength": -44.728137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.542618, "energy": 31.67496, "activity_lines": [ 4.326333, 4.316364, 4.423595, 4.70429 ] }, { "date": "2026-06-05", "close": 4.196, "volume": 0, "typical_volume": 3700.45, "trend": 5.008967, "fair_value": 10.672558, "relative_strength": -45.334898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.526003, "energy": 35.88839, "activity_lines": [ 4.274867, 4.307509, 4.37619, 4.648576 ] }, { "date": "2026-06-12", "close": 4.183, "volume": 0, "typical_volume": 3697.35, "trend": 4.955067, "fair_value": 10.580718, "relative_strength": -45.871122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.645743, "energy": 35.46705, "activity_lines": [ 4.247133, 4.291309, 4.335338, 4.595288 ] }, { "date": "2026-06-19", "close": 4.074, "volume": 0, "typical_volume": 3697.35, "trend": 4.915333, "fair_value": 10.476321, "relative_strength": -48.444933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.600418, "energy": 43.016316, "activity_lines": [ 4.184333, 4.250327, 4.290738, 4.538445 ] }, { "date": "2026-06-26", "close": 3.783, "volume": 0, "typical_volume": 3694.35, "trend": 4.835433, "fair_value": 10.354929, "relative_strength": -50.266329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.619029, "energy": 69.984588, "activity_lines": [ 4.035533, 4.152855, 4.225281, 4.465391 ] }, { "date": "2026-07-03", "close": 4.063, "volume": 0, "typical_volume": 3694.35, "trend": 4.769133, "fair_value": 10.223795, "relative_strength": -46.669136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.21704, "energy": 59.49077, "activity_lines": [ 4.0154, 4.120382, 4.197219, 4.415557 ] }, { "date": "2026-07-10", "close": 3.697, "volume": 8341, "typical_volume": 4107.8, "trend": 4.704233, "fair_value": 10.097365, "relative_strength": -49.767493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.545261, "energy": 71.948848, "activity_lines": [ 3.894467, 4.028, 4.139895, 4.346387 ] }, { "date": "2026-07-17", "close": 3.689, "volume": 6280, "typical_volume": 4421.8, "trend": 4.635267, "fair_value": 9.981077, "relative_strength": -47.709318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.540781, "energy": 76.276806, "activity_lines": [ 3.804133, 3.950891, 4.087862, 4.280888 ] }, { "date": "2026-07-24", "close": 3.41, "volume": 0, "typical_volume": 4419.4, "trend": 4.5578, "fair_value": 9.836718, "relative_strength": -51.090081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.69729, "energy": 81.774774, "activity_lines": [ 3.653733, 3.832382, 4.014514, 4.201839 ] }, { "date": "2026-07-31", "close": 3.428, "volume": 12272, "typical_volume": 5033.0, "trend": 4.4726, "fair_value": 9.698436, "relative_strength": -49.46232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.175909, "energy": 84.054881, "activity_lines": [ 3.5536, 3.732218, 3.950538, 4.128948 ] }, { "date": "2026-08-07", "close": 3.353, "volume": 808, "typical_volume": 5031.3, "trend": 4.3917, "fair_value": 9.565827, "relative_strength": -50.66099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.627307, "energy": 89.628948, "activity_lines": [ 3.452133, 3.634509, 3.88599, 4.056716 ] } ], "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." } } }