{ "ticker": { "uuid": "60862485-be82-40d1-b80b-9fde0c4a8665", "symbol": "SSP", "name": "E. W. Scripps Co Class A", "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": "Established contraction", "architecture_gate": "down", "architecture_direction": -41.463, "architecture_energy": 26.943, "architecture_maturity": 44.772, "architecture_confidence": 86.711, "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": 33.6, "rotation_up": 24.47, "upward_expansion": 14.78, "deceleration": 42.61, "rotation_down": 35.05, "downward_expansion": 62.45 }, "activity_lines": [ 3.068667, 3.037636, 3.292024, 3.468785 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 3.32, "trend_reference": 3.610833, "distance_from_trend": -0.080545, "trend_direction": "Weakening", "fair_value": 3.686827, "distance_from_fair_value": -0.099497, "fair_value_direction": "Weakening", "relative_strength": -16.136841, "relative_strength_direction": "Weakening", "price_momentum": -0.020649, "excess_performance": -0.208103, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.080545, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.073234, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.099497, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.184067, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.161368, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.28631, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.020649, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.980168, "read": "Supply-led" } ], "volume": { "latest": 4909558, "relative_activity": 1.477771, "balance": 0.980168, "dry_up": 1.055186, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.165313, "annualized_volatility": 0.771717, "from_high_reference": -0.384045, "from_low_reference": 0.643564 }, "levels": { "trend_reference": 3.610833, "fair_value_reference": 3.686827, "structural_low": 2.5, "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": 31, "median_return": 0.01386, "positive_rate": 0.580645, "directional_follow_through": 0.419355, "median_excess_return": 0.000844, "regime_survival": 0.741935, "best_return": 0.551351, "worst_return": -0.38676, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.015228, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": -0.039911, "regime_survival": 0.545455, "best_return": 0.176768, "worst_return": -0.276596, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.106764, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.256559, "regime_survival": 0.571429, "best_return": 0.474747, "worst_return": -0.473723, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.344764, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.470571, "regime_survival": 0.5, "best_return": 0.153191, "worst_return": -0.571168, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2025-02-07", "tenure": "Established", "return": -0.299595, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": 0.333333, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.334356, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-06-20", "tenure": "Developing", "return": 0.485714, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-08-08", "tenure": "Developing", "return": -0.096774, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-10-10", "tenure": "Developing", "return": -0.222603, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-11-14", "tenure": "Developing", "return": 0.410138, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.026699, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": -0.172414, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-03-06", "tenure": "Developing", "return": 0.324638, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.060453, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.353425, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-05", "tenure": "Developing", "return": -0.282105, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.110368, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 8.51, "volume": 1218965, "typical_volume": 1534032.2, "trend": 9.934667, "fair_value": 15.478612, "relative_strength": -38.025249, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -16.749425, "energy": 17.827656, "activity_lines": [ 9.61, 9.540727, 9.095143, 9.200753 ] }, { "date": "2023-08-25", "close": 7.615, "volume": 1466341, "typical_volume": 1549288.7, "trend": 9.705833, "fair_value": 15.452059, "relative_strength": -44.629478, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -50.527386, "energy": 25.64923, "activity_lines": [ 8.903667, 9.234364, 8.977714, 9.051097 ] }, { "date": "2023-09-01", "close": 7.15, "volume": 1704021, "typical_volume": 1580401.95, "trend": 9.4245, "fair_value": 15.428058, "relative_strength": -49.07591, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -63.455026, "energy": 46.981665, "activity_lines": [ 8.177333, 8.855545, 8.821643, 8.886204 ] }, { "date": "2023-09-08", "close": 6.17, "volume": 3934918, "typical_volume": 1725526.1, "trend": 9.151167, "fair_value": 15.397266, "relative_strength": -54.730713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.865313, "energy": 74.454599, "activity_lines": [ 7.291, 8.311818, 8.581762, 8.676237 ] }, { "date": "2023-09-15", "close": 7.09, "volume": 4533338, "typical_volume": 1893388.75, "trend": 8.895833, "fair_value": 15.36897, "relative_strength": -46.888991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.68122, "energy": 76.122524, "activity_lines": [ 7.021333, 7.989545, 8.442071, 8.543258 ] }, { "date": "2023-09-22", "close": 6.06, "volume": 1637554, "typical_volume": 1893685.55, "trend": 8.6785, "fair_value": 15.333592, "relative_strength": -52.299775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.895623, "energy": 82.749895, "activity_lines": [ 6.605667, 7.521091, 8.210667, 8.360301 ] }, { "date": "2023-09-29", "close": 5.48, "volume": 2434028, "typical_volume": 1927640.8, "trend": 8.4715, "fair_value": 15.293538, "relative_strength": -56.264933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.883589, "energy": 87.129478, "activity_lines": [ 6.16, 7.012818, 7.933214, 8.153946 ] }, { "date": "2023-10-06", "close": 5.06, "volume": 2857922, "typical_volume": 1933551.55, "trend": 8.2855, "fair_value": 15.255711, "relative_strength": -59.637037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.866699, "energy": 87.772411, "activity_lines": [ 5.716667, 6.503818, 7.625476, 7.933849 ] }, { "date": "2023-10-13", "close": 5.07, "volume": 1991625, "typical_volume": 1960713.25, "trend": 8.162833, "fair_value": 15.221268, "relative_strength": -58.774042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.683094, "energy": 85.913587, "activity_lines": [ 5.416, 6.080091, 7.333595, 7.726398 ] }, { "date": "2023-10-20", "close": 6.13, "volume": 2685631, "typical_volume": 2042221.2, "trend": 8.073167, "fair_value": 15.194004, "relative_strength": -47.533815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.732501, "energy": 70.962128, "activity_lines": [ 5.542, 5.953636, 7.158714, 7.595247 ] }, { "date": "2023-10-27", "close": 5.21, "volume": 1882893, "typical_volume": 2052380.25, "trend": 7.933167, "fair_value": 15.169402, "relative_strength": -53.190544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.243139, "energy": 57.889241, "activity_lines": [ 5.425333, 5.731182, 6.906214, 7.410527 ] }, { "date": "2023-11-03", "close": 7.2, "volume": 3201089, "typical_volume": 2060890.7, "trend": 7.879833, "fair_value": 15.143185, "relative_strength": -38.092517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.292631, "energy": 36.213921, "activity_lines": [ 6.028667, 5.930545, 6.858429, 7.363226 ] }, { "date": "2023-11-10", "close": 6.85, "volume": 2066840, "typical_volume": 1994763.45, "trend": 7.803167, "fair_value": 15.108527, "relative_strength": -41.737228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.730351, "energy": 23.172645, "activity_lines": [ 6.400667, 6.073818, 6.782452, 7.296785 ] }, { "date": "2023-11-17", "close": 7.52, "volume": 1956950, "typical_volume": 2012851.0, "trend": 7.760167, "fair_value": 15.075099, "relative_strength": -36.125255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.321749, "energy": 22.545767, "activity_lines": [ 6.876667, 6.344364, 6.77519, 7.278516 ] }, { "date": "2023-11-24", "close": 7.63, "volume": 684141, "typical_volume": 1996786.05, "trend": 7.7335, "fair_value": 15.040459, "relative_strength": -34.476793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.227738, "energy": 23.727914, "activity_lines": [ 7.226, 6.610364, 6.786167, 7.270118 ] }, { "date": "2023-12-01", "close": 7.47, "volume": 1460242, "typical_volume": 2019192.95, "trend": 7.716167, "fair_value": 15.000003, "relative_strength": -34.525174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.544408, "energy": 19.809768, "activity_lines": [ 7.422, 6.837455, 6.790095, 7.253118 ] }, { "date": "2023-12-08", "close": 7.79, "volume": 1377440, "typical_volume": 2037424.0, "trend": 7.725167, "fair_value": 14.960513, "relative_strength": -30.716187, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.439592, "energy": 21.045059, "activity_lines": [ 7.574, 7.097091, 6.834976, 7.257882 ] }, { "date": "2023-12-15", "close": 7.77, "volume": 2701198, "typical_volume": 2126670.3, "trend": 7.711167, "fair_value": 14.917756, "relative_strength": -31.806341, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.738585, "energy": 19.12738, "activity_lines": [ 7.68, 7.311091, 6.886762, 7.260774 ] }, { "date": "2023-12-22", "close": 7.59, "volume": 1729228, "typical_volume": 2159907.1, "trend": 7.682833, "fair_value": 14.873974, "relative_strength": -32.55129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.325949, "energy": 20.583763, "activity_lines": [ 7.664667, 7.443091, 6.930357, 7.252957 ] }, { "date": "2023-12-29", "close": 7.99, "volume": 1177987, "typical_volume": 2135117.55, "trend": 7.674833, "fair_value": 14.827179, "relative_strength": -27.700078, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.844571, "energy": 29.960535, "activity_lines": [ 7.778, 7.602, 7.027429, 7.272774 ] }, { "date": "2024-01-05", "close": 8.0, "volume": 1748133, "typical_volume": 2161575.95, "trend": 7.6615, "fair_value": 14.778269, "relative_strength": -23.624689, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.912207, "energy": 21.969914, "activity_lines": [ 7.870667, 7.728909, 7.135262, 7.293753 ] }, { "date": "2024-01-12", "close": 7.83, "volume": 1337587, "typical_volume": 2155138.25, "trend": 7.6465, "fair_value": 14.733333, "relative_strength": -25.927658, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.760674, "energy": 18.044783, "activity_lines": [ 7.871333, 7.774182, 7.229333, 7.304624 ] }, { "date": "2024-01-19", "close": 7.55, "volume": 1008876, "typical_volume": 2120381.0, "trend": 7.6355, "fair_value": 14.687276, "relative_strength": -28.898205, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.132021, "energy": 14.88909, "activity_lines": [ 7.776, 7.757091, 7.295714, 7.298398 ] }, { "date": "2024-01-26", "close": 8.97, "volume": 1488110, "typical_volume": 1998040.6, "trend": 7.6295, "fair_value": 14.64984, "relative_strength": -14.214298, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.199247, "energy": 30.933884, "activity_lines": [ 8.168667, 7.985455, 7.495429, 7.384495 ] }, { "date": "2024-02-02", "close": 7.85, "volume": 1101426, "typical_volume": 1826445.0, "trend": 7.5795, "fair_value": 14.598237, "relative_strength": -23.879267, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.984594, "energy": 22.600239, "activity_lines": [ 8.096, 7.983818, 7.575143, 7.39872 ] }, { "date": "2024-02-09", "close": 5.87, "volume": 3622190, "typical_volume": 1925676.8, "trend": 7.452833, "fair_value": 14.523622, "relative_strength": -42.523907, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -21.064629, "energy": 12.809965, "activity_lines": [ 7.372667, 7.618182, 7.462667, 7.28843 ] }, { "date": "2024-02-16", "close": 6.11, "volume": 2432951, "typical_volume": 1925622.95, "trend": 7.335167, "fair_value": 14.44016, "relative_strength": -37.465961, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.285952, "energy": 23.858914, "activity_lines": [ 6.871333, 7.325273, 7.373952, 7.201796 ] }, { "date": "2024-02-23", "close": 4.34, "volume": 3633741, "typical_volume": 1964413.9, "trend": 7.158167, "fair_value": 14.34734, "relative_strength": -54.934854, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.148882, "energy": 63.414977, "activity_lines": [ 5.894667, 6.741091, 7.113667, 7.008559 ] }, { "date": "2024-03-01", "close": 3.76, "volume": 6457006, "typical_volume": 2187682.95, "trend": 6.922833, "fair_value": 14.226571, "relative_strength": -60.673228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.041242, "energy": 79.979064, "activity_lines": [ 4.938667, 6.113818, 6.801571, 6.789323 ] }, { "date": "2024-03-08", "close": 4.26, "volume": 6725040, "typical_volume": 2389653.4, "trend": 6.729833, "fair_value": 14.097917, "relative_strength": -53.635088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.476961, "energy": 81.349931, "activity_lines": [ 4.496667, 5.647091, 6.543333, 6.617527 ] }, { "date": "2024-03-15", "close": 3.72, "volume": 4490562, "typical_volume": 2520036.85, "trend": 6.570167, "fair_value": 13.976506, "relative_strength": -58.258641, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.176547, "energy": 86.722849, "activity_lines": [ 4.114, 5.15, 6.242571, 6.423344 ] }, { "date": "2024-03-22", "close": 3.475, "volume": 4531108, "typical_volume": 2586537.8, "trend": 6.432167, "fair_value": 13.872179, "relative_strength": -61.395827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.678795, "energy": 86.177135, "activity_lines": [ 3.793, 4.686182, 5.925571, 6.223656 ] }, { "date": "2024-03-29", "close": 3.93, "volume": 5792578, "typical_volume": 2772824.7, "trend": 6.324833, "fair_value": 13.770833, "relative_strength": -55.225771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.076187, "energy": 75.122381, "activity_lines": [ 3.799333, 4.384273, 5.669643, 6.062226 ] }, { "date": "2024-04-05", "close": 3.43, "volume": 18990730, "typical_volume": 3624513.7, "trend": 6.2335, "fair_value": 13.660192, "relative_strength": -59.823932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.484963, "energy": 70.753677, "activity_lines": [ 3.666333, 4.057273, 5.38, 5.875462 ] }, { "date": "2024-04-12", "close": 3.2, "volume": 3763321, "typical_volume": 3778472.7, "trend": 6.103833, "fair_value": 13.54109, "relative_strength": -61.504346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.10445, "energy": 60.922487, "activity_lines": [ 3.478667, 3.789182, 5.087929, 5.679753 ] }, { "date": "2024-04-19", "close": 3.59, "volume": 5296932, "typical_volume": 3970307.2, "trend": 6.0215, "fair_value": 13.416731, "relative_strength": -53.438918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.518726, "energy": 53.768238, "activity_lines": [ 3.491667, 3.676545, 4.854095, 5.51757 ] }, { "date": "2024-04-26", "close": 3.7, "volume": 4056866, "typical_volume": 4104278.5, "trend": 5.962167, "fair_value": 13.301859, "relative_strength": -52.970602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.968854, "energy": 52.73675, "activity_lines": [ 3.55, 3.625364, 4.649214, 5.367796 ] }, { "date": "2024-05-03", "close": 4.27, "volume": 3597973, "typical_volume": 4149117.25, "trend": 5.935833, "fair_value": 13.199487, "relative_strength": -45.415258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.808827, "energy": 41.772946, "activity_lines": [ 3.783333, 3.721636, 4.518095, 5.258624 ] }, { "date": "2024-05-10", "close": 3.605, "volume": 5870867, "typical_volume": 4356199.2, "trend": 5.887, "fair_value": 13.088045, "relative_strength": -53.854396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.07851, "energy": 39.915841, "activity_lines": [ 3.772333, 3.698273, 4.34031, 5.108247 ] }, { "date": "2024-05-17", "close": 3.14, "volume": 6675278, "typical_volume": 4631063.75, "trend": 5.787333, "fair_value": 12.972019, "relative_strength": -59.903891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.663184, "energy": 44.123262, "activity_lines": [ 3.594667, 3.593182, 4.137214, 4.931022 ] }, { "date": "2024-05-24", "close": 2.455, "volume": 5500728, "typical_volume": 4818693.5, "trend": 5.6955, "fair_value": 12.851795, "relative_strength": -68.40791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.91389, "energy": 64.889321, "activity_lines": [ 3.192667, 3.383909, 3.891976, 4.716032 ] }, { "date": "2024-05-31", "close": 2.72, "volume": 6005738, "typical_volume": 5052101.05, "trend": 5.546167, "fair_value": 12.735897, "relative_strength": -63.723208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.805857, "energy": 81.165369, "activity_lines": [ 2.954667, 3.245818, 3.698381, 4.524065 ] }, { "date": "2024-06-07", "close": 2.41, "volume": 4658505, "typical_volume": 5234582.5, "trend": 5.398167, "fair_value": 12.616154, "relative_strength": -68.018783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.133005, "energy": 88.222567, "activity_lines": [ 2.678667, 3.065091, 3.499595, 4.321731 ] }, { "date": "2024-06-14", "close": 2.03, "volume": 4841512, "typical_volume": 5402252.6, "trend": 5.215167, "fair_value": 12.506154, "relative_strength": -73.394937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.111638, "energy": 91.05958, "activity_lines": [ 2.4, 2.842909, 3.289095, 4.10443 ] }, { "date": "2024-06-21", "close": 2.38, "volume": 5819511, "typical_volume": 5638156.85, "trend": 5.040167, "fair_value": 12.386923, "relative_strength": -68.223823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.670517, "energy": 81.301984, "activity_lines": [ 2.343, 2.709818, 3.144976, 3.921516 ] }, { "date": "2024-06-28", "close": 3.14, "volume": 8115144, "typical_volume": 5862804.55, "trend": 4.895833, "fair_value": 12.27641, "relative_strength": -57.079234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.01435, "energy": 56.456209, "activity_lines": [ 2.59, 2.729818, 3.099286, 3.798925 ] }, { "date": "2024-07-05", "close": 2.96, "volume": 2267226, "typical_volume": 5854518.3, "trend": 4.734833, "fair_value": 12.1675, "relative_strength": -59.933956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.750455, "energy": 44.523623, "activity_lines": [ 2.731333, 2.725273, 3.049452, 3.674032 ] }, { "date": "2024-07-12", "close": 3.04, "volume": 3218606, "typical_volume": 5833761.55, "trend": 4.577167, "fair_value": 12.064423, "relative_strength": -57.671314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.322244, "energy": 30.673129, "activity_lines": [ 2.883333, 2.748727, 3.022238, 3.564688 ] }, { "date": "2024-07-19", "close": 3.23, "volume": 3685266, "typical_volume": 5695174.55, "trend": 4.431833, "fair_value": 11.963013, "relative_strength": -51.960658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.572507, "energy": 24.237523, "activity_lines": [ 3.056667, 2.829091, 3.01931, 3.477774 ] }, { "date": "2024-07-26", "close": 3.85, "volume": 2898598, "typical_volume": 5503852.45, "trend": 4.293833, "fair_value": 11.865385, "relative_strength": -39.829733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.967577, "energy": 16.550918, "activity_lines": [ 3.356667, 3.029, 3.077952, 3.440237 ] }, { "date": "2024-08-02", "close": 3.19, "volume": 2285728, "typical_volume": 5393610.75, "trend": 4.1335, "fair_value": 11.762372, "relative_strength": -46.92723, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.072253, "energy": 16.276712, "activity_lines": [ 3.338667, 3.096, 3.07569, 3.369022 ] }, { "date": "2024-08-09", "close": 2.37, "volume": 3004637, "typical_volume": 5317287.2, "trend": 3.9515, "fair_value": 11.661154, "relative_strength": -59.411551, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.092008, "energy": 18.46127, "activity_lines": [ 3.044, 3.000545, 2.997857, 3.255247 ] }, { "date": "2024-08-16", "close": 2.12, "volume": 4311974, "typical_volume": 5243257.0, "trend": 3.7705, "fair_value": 11.560897, "relative_strength": -64.551285, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.233602, "energy": 39.651918, "activity_lines": [ 2.705333, 2.866, 2.901476, 3.137086 ] }, { "date": "2024-08-23", "close": 2.16, "volume": 2477806, "typical_volume": 4417610.8, "trend": 3.5435, "fair_value": 11.454936, "relative_strength": -63.328592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.615901, "energy": 67.497358, "activity_lines": [ 2.441333, 2.744, 2.817524, 3.033183 ] }, { "date": "2024-08-30", "close": 1.97, "volume": 3092807, "typical_volume": 4384085.1, "trend": 3.3475, "fair_value": 11.353782, "relative_strength": -65.484796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.334296, "energy": 77.372145, "activity_lines": [ 2.185333, 2.585091, 2.721524, 2.931667 ] }, { "date": "2024-09-06", "close": 1.78, "volume": 2289199, "typical_volume": 4233698.45, "trend": 3.211167, "fair_value": 11.260833, "relative_strength": -66.20764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.54534, "energy": 81.823938, "activity_lines": [ 1.991333, 2.399091, 2.613286, 2.830538 ] }, { "date": "2024-09-13", "close": 2.01, "volume": 3037099, "typical_volume": 4182710.1, "trend": 3.0745, "fair_value": 11.160385, "relative_strength": -63.071773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.699706, "energy": 75.387536, "activity_lines": [ 1.968, 2.279636, 2.535571, 2.753043 ] }, { "date": "2024-09-20", "close": 1.85, "volume": 4311306, "typical_volume": 4218376.75, "trend": 2.9915, "fair_value": 11.056667, "relative_strength": -65.752963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.671184, "energy": 71.631063, "activity_lines": [ 1.915333, 2.148364, 2.450667, 2.674043 ] }, { "date": "2024-09-27", "close": 2.35, "volume": 4713827, "typical_volume": 4160524.75, "trend": 2.9445, "fair_value": 10.953974, "relative_strength": -56.147381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.15659, "energy": 46.848588, "activity_lines": [ 2.047333, 2.129636, 2.424905, 2.632656 ] }, { "date": "2024-10-04", "close": 2.58, "volume": 4437427, "typical_volume": 4048632.2, "trend": 2.8885, "fair_value": 10.854167, "relative_strength": -51.171827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.748115, "energy": 27.942326, "activity_lines": [ 2.243333, 2.168727, 2.427024, 2.60914 ] }, { "date": "2024-10-11", "close": 2.76, "volume": 2731167, "typical_volume": 3910154.15, "trend": 2.8565, "fair_value": 10.755641, "relative_strength": -47.626222, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.760198, "energy": 17.959051, "activity_lines": [ 2.458667, 2.263636, 2.448952, 2.600849 ] }, { "date": "2024-10-18", "close": 2.87, "volume": 2924255, "typical_volume": 3756080.0, "trend": 2.836333, "fair_value": 10.654359, "relative_strength": -44.501945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.403571, "energy": 20.508112, "activity_lines": [ 2.645333, 2.386364, 2.479905, 2.60172 ] }, { "date": "2024-10-25", "close": 2.47, "volume": 1596991, "typical_volume": 3603004.3, "trend": 2.787667, "fair_value": 10.550962, "relative_strength": -51.407032, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.357028, "energy": 23.055044, "activity_lines": [ 2.641333, 2.427273, 2.472048, 2.578086 ] }, { "date": "2024-11-01", "close": 3.52, "volume": 3063698, "typical_volume": 3514113.6, "trend": 2.790667, "fair_value": 10.436026, "relative_strength": -27.942168, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.784463, "energy": 36.735024, "activity_lines": [ 2.946, 2.652727, 2.563905, 2.625333 ] }, { "date": "2024-11-08", "close": 2.34, "volume": 10085317, "typical_volume": 3727403.9, "trend": 2.762, "fair_value": 10.320256, "relative_strength": -53.362615, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.589579, "energy": 14.293859, "activity_lines": [ 2.779333, 2.638909, 2.536286, 2.596258 ] }, { "date": "2024-11-15", "close": 1.76, "volume": 5364810, "typical_volume": 3589887.2, "trend": 2.701, "fair_value": 10.200321, "relative_strength": -62.493513, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.476301, "energy": 20.532896, "activity_lines": [ 2.435333, 2.512909, 2.453619, 2.531613 ] }, { "date": "2024-11-22", "close": 2.1, "volume": 3314490, "typical_volume": 3642250.4, "trend": 2.647667, "fair_value": 10.090064, "relative_strength": -54.625942, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.323918, "energy": 23.141568, "activity_lines": [ 2.271333, 2.449091, 2.409905, 2.492839 ] }, { "date": "2024-11-29", "close": 2.0, "volume": 1671643, "typical_volume": 3564902.25, "trend": 2.572, "fair_value": 9.981218, "relative_strength": -55.690719, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.793268, "energy": 36.840677, "activity_lines": [ 2.125333, 2.365455, 2.360762, 2.451054 ] }, { "date": "2024-12-06", "close": 2.26, "volume": 2346468, "typical_volume": 3497962.35, "trend": 2.527167, "fair_value": 9.867372, "relative_strength": -49.810456, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.633902, "energy": 41.977592, "activity_lines": [ 2.097333, 2.326364, 2.341333, 2.430925 ] }, { "date": "2024-12-13", "close": 2.05, "volume": 2918491, "typical_volume": 3498957.0, "trend": 2.490833, "fair_value": 9.760641, "relative_strength": -53.197208, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.699774, "energy": 45.481437, "activity_lines": [ 2.083333, 2.250727, 2.306524, 2.40014 ] }, { "date": "2024-12-20", "close": 1.96, "volume": 3019409, "typical_volume": 3535641.05, "trend": 2.474333, "fair_value": 9.646731, "relative_strength": -52.582521, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.937557, "energy": 37.499835, "activity_lines": [ 2.058667, 2.168364, 2.271714, 2.365892 ] }, { "date": "2024-12-27", "close": 2.0, "volume": 2282221, "typical_volume": 3499520.25, "trend": 2.450333, "fair_value": 9.535513, "relative_strength": -50.155245, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.469655, "energy": 30.066703, "activity_lines": [ 2.034, 2.107818, 2.246571, 2.33529 ] }, { "date": "2025-01-03", "close": 2.5, "volume": 3570991, "typical_volume": 3462471.1, "trend": 2.453333, "fair_value": 9.422628, "relative_strength": -34.686544, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.109458, "energy": 16.214065, "activity_lines": [ 2.182667, 2.154, 2.27081, 2.338495 ] }, { "date": "2025-01-10", "close": 2.36, "volume": 2155714, "typical_volume": 3446366.5, "trend": 2.464333, "fair_value": 9.299679, "relative_strength": -34.470519, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.957338, "energy": 12.755043, "activity_lines": [ 2.251333, 2.174182, 2.279905, 2.332473 ] }, { "date": "2025-01-17", "close": 2.28, "volume": 2135525, "typical_volume": 3398502.4, "trend": 2.461, "fair_value": 9.188205, "relative_strength": -36.092749, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.687314, "energy": 14.652635, "activity_lines": [ 2.286667, 2.200909, 2.280429, 2.320581 ] }, { "date": "2025-01-24", "close": 2.24, "volume": 1127442, "typical_volume": 3340414.55, "trend": 2.431, "fair_value": 9.072308, "relative_strength": -35.03198, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.742249, "energy": 15.084683, "activity_lines": [ 2.293333, 2.221455, 2.275667, 2.306323 ] }, { "date": "2025-01-31", "close": 1.88, "volume": 2929274, "typical_volume": 3335023.3, "trend": 2.395, "fair_value": 8.953269, "relative_strength": -42.177802, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.03044, "energy": 21.664936, "activity_lines": [ 2.161333, 2.167818, 2.234429, 2.270774 ] }, { "date": "2025-02-07", "close": 1.73, "volume": 2455923, "typical_volume": 3242254.15, "trend": 2.351333, "fair_value": 8.821987, "relative_strength": -45.125932, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.416237, "energy": 50.434947, "activity_lines": [ 1.987333, 2.090909, 2.179524, 2.227871 ] }, { "date": "2025-02-14", "close": 1.98, "volume": 1944212, "typical_volume": 3103773.4, "trend": 2.309667, "fair_value": 8.69359, "relative_strength": -36.838939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.416324, "energy": 53.66872, "activity_lines": [ 1.948, 2.064364, 2.149, 2.203914 ] }, { "date": "2025-02-21", "close": 1.79, "volume": 1654072, "typical_volume": 2964605.65, "trend": 2.241, "fair_value": 8.565449, "relative_strength": -40.290228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.2395, "energy": 64.298084, "activity_lines": [ 1.870667, 2.008364, 2.102143, 2.170387 ] }, { "date": "2025-02-28", "close": 1.62, "volume": 2453568, "typical_volume": 2950725.7, "trend": 2.188667, "fair_value": 8.435449, "relative_strength": -43.037597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.62163, "energy": 69.702357, "activity_lines": [ 1.769333, 1.926182, 2.042857, 2.130323 ] }, { "date": "2025-03-07", "close": 1.5, "volume": 2074223, "typical_volume": 2908224.1, "trend": 2.159667, "fair_value": 8.309551, "relative_strength": -44.213906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.62772, "energy": 71.278679, "activity_lines": [ 1.669333, 1.828364, 1.977571, 2.085892 ] }, { "date": "2025-03-14", "close": 2.64, "volume": 31893855, "typical_volume": 4423067.3, "trend": 2.177, "fair_value": 8.187949, "relative_strength": 1.783412, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.131718, "energy": 14.354812, "activity_lines": [ 1.974667, 1.946909, 2.027381, 2.116882 ] }, { "date": "2025-03-21", "close": 3.26, "volume": 10016275, "typical_volume": 4770696.15, "trend": 2.213667, "fair_value": 8.070256, "relative_strength": 25.844521, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.464804, "energy": 30.0375, "activity_lines": [ 2.426, 2.175636, 2.135429, 2.186753 ] }, { "date": "2025-03-28", "close": 3.14, "volume": 9091146, "typical_volume": 4720987.6, "trend": 2.252667, "fair_value": 7.955641, "relative_strength": 25.092028, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.705187, "energy": 41.367098, "activity_lines": [ 2.752, 2.366182, 2.233286, 2.246516 ] }, { "date": "2025-04-04", "close": 2.38, "volume": 5142189, "typical_volume": 4709856.55, "trend": 2.272667, "fair_value": 7.848974, "relative_strength": 6.033881, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.761917, "energy": 39.878678, "activity_lines": [ 2.734667, 2.402909, 2.254952, 2.254731 ] }, { "date": "2025-04-11", "close": 2.04, "volume": 5825687, "typical_volume": 4835416.4, "trend": 2.273667, "fair_value": 7.74641, "relative_strength": -14.576647, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.291369, "energy": 35.919192, "activity_lines": [ 2.553333, 2.375273, 2.241286, 2.23972 ] }, { "date": "2025-04-18", "close": 2.17, "volume": 3355701, "typical_volume": 4919619.3, "trend": 2.284333, "fair_value": 7.646987, "relative_strength": -5.706026, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.080647, "energy": 11.735612, "activity_lines": [ 2.379333, 2.368364, 2.240286, 2.233032 ] }, { "date": "2025-04-25", "close": 2.1, "volume": 3081830, "typical_volume": 4956387.4, "trend": 2.276, "fair_value": 7.554936, "relative_strength": -12.887939, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.790429, "energy": 13.52301, "activity_lines": [ 2.213333, 2.340727, 2.23181, 2.22114 ] }, { "date": "2025-05-02", "close": 2.45, "volume": 4624672, "typical_volume": 5041696.45, "trend": 2.271667, "fair_value": 7.465577, "relative_strength": 0.078968, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.622889, "energy": 10.020708, "activity_lines": [ 2.241333, 2.374545, 2.257429, 2.232366 ] }, { "date": "2025-05-09", "close": 2.32, "volume": 3807459, "typical_volume": 5081098.95, "trend": 2.257, "fair_value": 7.383782, "relative_strength": -3.789668, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.085831, "energy": 6.509788, "activity_lines": [ 2.272, 2.372727, 2.268762, 2.235484 ] }, { "date": "2025-05-16", "close": 2.33, "volume": 4201541, "typical_volume": 5177064.95, "trend": 2.239, "fair_value": 7.296667, "relative_strength": -8.692017, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.535917, "energy": 11.598739, "activity_lines": [ 2.31, 2.36, 2.279333, 2.240194 ] }, { "date": "2025-05-23", "close": 2.15, "volume": 3342861, "typical_volume": 5165658.45, "trend": 2.228333, "fair_value": 7.209744, "relative_strength": -13.316682, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.177014, "energy": 9.65204, "activity_lines": [ 2.268667, 2.299455, 2.27119, 2.234452 ] }, { "date": "2025-05-30", "close": 2.22, "volume": 2489362, "typical_volume": 5182340.85, "trend": 2.185, "fair_value": 7.124872, "relative_strength": -11.569483, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.303343, "energy": 6.741175, "activity_lines": [ 2.252, 2.260545, 2.271381, 2.233914 ] }, { "date": "2025-06-06", "close": 2.16, "volume": 3720356, "typical_volume": 5261582.4, "trend": 2.179, "fair_value": 7.046603, "relative_strength": -15.323673, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.065403, "energy": 7.543528, "activity_lines": [ 2.207333, 2.229636, 2.266524, 2.232301 ] }, { "date": "2025-06-13", "close": 2.6, "volume": 5513025, "typical_volume": 5480861.55, "trend": 2.207, "fair_value": 6.983141, "relative_strength": 2.223343, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.308594, "energy": 14.237546, "activity_lines": [ 2.328667, 2.296545, 2.304143, 2.259462 ] }, { "date": "2025-06-20", "close": 3.12, "volume": 5299939, "typical_volume": 5599394.8, "trend": 2.241, "fair_value": 6.919872, "relative_strength": 22.242587, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.10366, "energy": 53.525956, "activity_lines": [ 2.604667, 2.454, 2.389571, 2.318366 ] }, { "date": "2025-06-27", "close": 2.79, "volume": 3321091, "typical_volume": 5642653.2, "trend": 2.267333, "fair_value": 6.855769, "relative_strength": 5.584184, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.370225, "energy": 58.395674, "activity_lines": [ 2.718, 2.531818, 2.437667, 2.353785 ] }, { "date": "2025-07-04", "close": 3.32, "volume": 2826620, "typical_volume": 5686773.6, "trend": 2.302667, "fair_value": 6.794872, "relative_strength": 23.819891, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.986595, "energy": 77.133056, "activity_lines": [ 2.965333, 2.694727, 2.53119, 2.421699 ] }, { "date": "2025-07-11", "close": 3.76, "volume": 6596571, "typical_volume": 5933898.55, "trend": 2.359667, "fair_value": 6.735962, "relative_strength": 40.401107, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.883731, "energy": 85.209713, "activity_lines": [ 3.286, 2.915455, 2.660238, 2.51572 ] }, { "date": "2025-07-18", "close": 3.27, "volume": 3734214, "typical_volume": 5997930.85, "trend": 2.403333, "fair_value": 6.664936, "relative_strength": 21.053983, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.434614, "energy": 74.803293, "activity_lines": [ 3.336667, 3.023273, 2.733238, 2.574452 ] }, { "date": "2025-07-25", "close": 3.33, "volume": 3052920, "typical_volume": 6046865.7, "trend": 2.447667, "fair_value": 6.594872, "relative_strength": 23.386947, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.01013, "energy": 71.914009, "activity_lines": [ 3.362667, 3.124727, 2.804095, 2.634237 ] }, { "date": "2025-08-01", "close": 2.9, "volume": 2549834, "typical_volume": 4579664.65, "trend": 2.461, "fair_value": 6.520962, "relative_strength": 10.731857, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.466609, "energy": 45.391748, "activity_lines": [ 3.231333, 3.129818, 2.825286, 2.663419 ] }, { "date": "2025-08-08", "close": 2.52, "volume": 4202663, "typical_volume": 4288984.05, "trend": 2.466333, "fair_value": 6.435, "relative_strength": -6.89676, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.599857, "energy": 18.539671, "activity_lines": [ 2.966, 3.052182, 2.809048, 2.667226 ] }, { "date": "2025-08-15", "close": 2.92, "volume": 6552874, "typical_volume": 4162070.45, "trend": 2.487667, "fair_value": 6.350962, "relative_strength": 7.111008, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.549007, "energy": 19.010601, "activity_lines": [ 2.887333, 3.041818, 2.834429, 2.696495 ] }, { "date": "2025-08-22", "close": 3.31, "volume": 3902978, "typical_volume": 4100109.9, "trend": 2.523333, "fair_value": 6.274103, "relative_strength": 21.930225, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.80009, "energy": 21.809881, "activity_lines": [ 2.994667, 3.088545, 2.898, 2.749548 ] }, { "date": "2025-08-29", "close": 2.99, "volume": 1873150, "typical_volume": 3902483.05, "trend": 2.560333, "fair_value": 6.199487, "relative_strength": 9.963237, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.525572, "energy": 16.309472, "activity_lines": [ 2.992667, 3.064182, 2.926667, 2.779656 ] }, { "date": "2025-09-05", "close": 2.95, "volume": 2049417, "typical_volume": 3837168.85, "trend": 2.601, "fair_value": 6.124744, "relative_strength": 6.937938, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.93086, "energy": 18.606908, "activity_lines": [ 3.0, 3.034909, 2.947, 2.804796 ] }, { "date": "2025-09-12", "close": 2.91, "volume": 2496980, "typical_volume": 3807926.35, "trend": 2.632, "fair_value": 6.052564, "relative_strength": 3.288209, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.205603, "energy": 18.131765, "activity_lines": [ 2.990667, 2.995455, 2.95981, 2.824731 ] }, { "date": "2025-09-19", "close": 2.87, "volume": 3353028, "typical_volume": 3744344.15, "trend": 2.668, "fair_value": 5.990449, "relative_strength": -0.659346, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.724963, "energy": 9.718565, "activity_lines": [ 2.942, 2.956182, 2.964952, 2.840086 ] }, { "date": "2025-09-26", "close": 2.71, "volume": 2067370, "typical_volume": 3657339.7, "trend": 2.704333, "fair_value": 5.935577, "relative_strength": -5.658876, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.559939, "energy": 8.380458, "activity_lines": [ 2.843333, 2.904, 2.952857, 2.842796 ] }, { "date": "2025-10-03", "close": 2.48, "volume": 2399394, "typical_volume": 3567232.35, "trend": 2.737, "fair_value": 5.874295, "relative_strength": -14.283536, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.760092, "energy": 19.996355, "activity_lines": [ 2.708, 2.820182, 2.917, 2.828323 ] }, { "date": "2025-10-10", "close": 2.27, "volume": 3450066, "typical_volume": 3572592.6, "trend": 2.724667, "fair_value": 5.804808, "relative_strength": -19.146218, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.079597, "energy": 44.631661, "activity_lines": [ 2.536667, 2.713636, 2.860429, 2.798194 ] }, { "date": "2025-10-17", "close": 2.17, "volume": 2321829, "typical_volume": 3564215.95, "trend": 2.688333, "fair_value": 5.722885, "relative_strength": -23.865593, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.785341, "energy": 58.00174, "activity_lines": [ 2.377333, 2.600364, 2.793762, 2.762409 ] }, { "date": "2025-10-24", "close": 2.35, "volume": 2020932, "typical_volume": 3479244.75, "trend": 2.662, "fair_value": 5.644231, "relative_strength": -18.911726, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.818986, "energy": 54.94018, "activity_lines": [ 2.327333, 2.526182, 2.744476, 2.740581 ] }, { "date": "2025-10-31", "close": 2.43, "volume": 4199040, "typical_volume": 3413545.5, "trend": 2.663667, "fair_value": 5.57391, "relative_strength": -16.586377, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.526282, "energy": 55.317668, "activity_lines": [ 2.338667, 2.476909, 2.701905, 2.725613 ] }, { "date": "2025-11-07", "close": 2.56, "volume": 9212015, "typical_volume": 3609149.3, "trend": 2.681, "fair_value": 5.503974, "relative_strength": -9.195897, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.445948, "energy": 32.424225, "activity_lines": [ 2.412, 2.467273, 2.672524, 2.718925 ] }, { "date": "2025-11-14", "close": 3.06, "volume": 4640645, "typical_volume": 3675127.0, "trend": 2.710667, "fair_value": 5.434103, "relative_strength": 8.038939, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 12.389053, "energy": 11.051124, "activity_lines": [ 2.646667, 2.556364, 2.693429, 2.743376 ] }, { "date": "2025-11-21", "close": 4.12, "volume": 18745298, "typical_volume": 4471060.9, "trend": 2.778, "fair_value": 5.367628, "relative_strength": 48.373828, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 71.369754, "energy": 49.676162, "activity_lines": [ 3.182, 2.836182, 2.814, 2.834301 ] }, { "date": "2025-11-28", "close": 4.23, "volume": 9689593, "typical_volume": 4625712.0, "trend": 2.837333, "fair_value": 5.297308, "relative_strength": 43.464777, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 84.091123, "energy": 75.600959, "activity_lines": [ 3.624, 3.114, 2.941238, 2.927978 ] }, { "date": "2025-12-05", "close": 4.35, "volume": 4808477, "typical_volume": 4679425.15, "trend": 2.905, "fair_value": 5.234615, "relative_strength": 44.524678, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.93757, "energy": 87.576631, "activity_lines": [ 3.980667, 3.388909, 3.077667, 3.02557 ] }, { "date": "2025-12-12", "close": 4.39, "volume": 5713377, "typical_volume": 4812448.0, "trend": 2.973667, "fair_value": 5.178397, "relative_strength": 46.755114, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.133241, "energy": 86.512696, "activity_lines": [ 4.222667, 3.641273, 3.212762, 3.121376 ] }, { "date": "2025-12-19", "close": 4.7, "volume": 6262590, "typical_volume": 4998085.8, "trend": 3.058667, "fair_value": 5.122821, "relative_strength": 53.926666, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.150115, "energy": 87.746849, "activity_lines": [ 4.446, 3.915273, 3.372333, 3.232753 ] }, { "date": "2025-12-26", "close": 3.96, "volume": 2601797, "typical_volume": 4918042.5, "trend": 3.116667, "fair_value": 5.063654, "relative_strength": 26.873788, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.336525, "energy": 66.026346, "activity_lines": [ 4.313333, 4.010545, 3.452857, 3.290903 ] }, { "date": "2026-01-02", "close": 3.95, "volume": 1755954, "typical_volume": 4678196.5, "trend": 3.176333, "fair_value": 5.002436, "relative_strength": 27.9905, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.579031, "energy": 49.497647, "activity_lines": [ 4.188, 4.071455, 3.525571, 3.344667 ] }, { "date": "2026-01-09", "close": 3.65, "volume": 2943540, "typical_volume": 4630224.6, "trend": 3.211333, "fair_value": 4.936667, "relative_strength": 15.210744, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.153927, "energy": 33.711274, "activity_lines": [ 3.981333, 4.048727, 3.56481, 3.375226 ] }, { "date": "2026-01-16", "close": 3.6, "volume": 2116394, "typical_volume": 4642386.8, "trend": 3.227333, "fair_value": 4.871474, "relative_strength": 14.010034, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.889991, "energy": 23.090418, "activity_lines": [ 3.804667, 3.994727, 3.597667, 3.400301 ] }, { "date": "2026-01-23", "close": 3.45, "volume": 1974589, "typical_volume": 4638645.4, "trend": 3.249333, "fair_value": 4.800769, "relative_strength": 8.474149, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.855724, "energy": 23.266362, "activity_lines": [ 3.630667, 3.894545, 3.613333, 3.414667 ] }, { "date": "2026-01-30", "close": 3.35, "volume": 2109732, "typical_volume": 4619283.0, "trend": 3.250333, "fair_value": 4.722308, "relative_strength": 4.775897, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.981718, "energy": 21.221327, "activity_lines": [ 3.506667, 3.769091, 3.617095, 3.421161 ] }, { "date": "2026-02-06", "close": 3.39, "volume": 2616007, "typical_volume": 4582431.95, "trend": 3.238, "fair_value": 4.651923, "relative_strength": 7.255312, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.054292, "energy": 19.180069, "activity_lines": [ 3.436667, 3.664909, 3.622571, 3.430172 ] }, { "date": "2026-02-13", "close": 3.48, "volume": 2852280, "typical_volume": 4621677.45, "trend": 3.245, "fair_value": 4.579679, "relative_strength": 10.661414, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.703116, "energy": 14.595107, "activity_lines": [ 3.434, 3.592364, 3.634143, 3.445785 ] }, { "date": "2026-02-20", "close": 3.71, "volume": 1098865, "typical_volume": 4556651.0, "trend": 3.257667, "fair_value": 4.522821, "relative_strength": 15.503123, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.877838, "energy": 13.261435, "activity_lines": [ 3.519333, 3.577455, 3.663952, 3.475785 ] }, { "date": "2026-02-27", "close": 4.15, "volume": 2611222, "typical_volume": 4514708.8, "trend": 3.299333, "fair_value": 4.474487, "relative_strength": 27.833693, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.222269, "energy": 26.14892, "activity_lines": [ 3.744, 3.654909, 3.72981, 3.533355 ] }, { "date": "2026-03-06", "close": 4.57, "volume": 5315134, "typical_volume": 4664374.05, "trend": 3.367667, "fair_value": 4.435577, "relative_strength": 40.243059, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 60.800469, "energy": 57.501656, "activity_lines": [ 4.062, 3.818727, 3.826714, 3.615333 ] }, { "date": "2026-03-13", "close": 3.97, "volume": 4781177, "typical_volume": 4802386.3, "trend": 3.402667, "fair_value": 4.404936, "relative_strength": 22.566626, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.110701, "energy": 57.301665, "activity_lines": [ 4.098667, 3.862364, 3.855048, 3.654194 ] }, { "date": "2026-03-20", "close": 3.37, "volume": 6111705, "typical_volume": 4898019.55, "trend": 3.404667, "fair_value": 4.37, "relative_strength": 6.511389, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.144936, "energy": 28.58869, "activity_lines": [ 3.896667, 3.796545, 3.818524, 3.652086 ] }, { "date": "2026-03-27", "close": 3.73, "volume": 2996368, "typical_volume": 4587237.2, "trend": 3.429333, "fair_value": 4.33359, "relative_strength": 21.861869, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.996539, "energy": 20.95584, "activity_lines": [ 3.822, 3.801273, 3.81181, 3.673075 ] }, { "date": "2026-04-03", "close": 3.65, "volume": 2241354, "typical_volume": 4467272.65, "trend": 3.452667, "fair_value": 4.300577, "relative_strength": 14.446689, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.604203, "energy": 11.431071, "activity_lines": [ 3.719333, 3.789091, 3.791905, 3.687312 ] }, { "date": "2026-04-10", "close": 4.11, "volume": 2431156, "typical_volume": 3651565.55, "trend": 3.492667, "fair_value": 4.268269, "relative_strength": 22.411547, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.996775, "energy": 19.085083, "activity_lines": [ 3.803333, 3.856909, 3.813, 3.72972 ] }, { "date": "2026-04-17", "close": 4.94, "volume": 3383235, "typical_volume": 3336247.65, "trend": 3.561667, "fair_value": 4.243462, "relative_strength": 37.266244, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.702374, "energy": 47.305543, "activity_lines": [ 4.194667, 4.061818, 3.91319, 3.823097 ] }, { "date": "2026-04-24", "close": 4.75, "volume": 2884613, "typical_volume": 3240054.45, "trend": 3.629667, "fair_value": 4.219872, "relative_strength": 27.944181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.373543, "energy": 62.45193, "activity_lines": [ 4.458, 4.204, 3.991905, 3.899763 ] }, { "date": "2026-05-01", "close": 4.97, "volume": 2336916, "typical_volume": 3071231.4, "trend": 3.712667, "fair_value": 4.200513, "relative_strength": 30.777495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.00757, "energy": 71.764457, "activity_lines": [ 4.702667, 4.363091, 4.089667, 3.986237 ] }, { "date": "2026-05-08", "close": 4.535, "volume": 3399919, "typical_volume": 2928097.85, "trend": 3.788167, "fair_value": 4.181378, "relative_strength": 12.494166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.626488, "energy": 65.628105, "activity_lines": [ 4.719667, 4.420182, 4.143238, 4.03929 ] }, { "date": "2026-05-15", "close": 3.38, "volume": 4926716, "typical_volume": 3044343.8, "trend": 3.8285, "fair_value": 4.150545, "relative_strength": -15.965296, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.53559, "energy": 20.50883, "activity_lines": [ 4.292667, 4.260273, 4.087595, 4.012957 ] }, { "date": "2026-05-22", "close": 3.42, "volume": 3328046, "typical_volume": 3122948.4, "trend": 3.864167, "fair_value": 4.118365, "relative_strength": -16.141377, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.496587, "energy": 11.107017, "activity_lines": [ 3.927667, 4.129273, 4.038524, 3.986602 ] }, { "date": "2026-05-29", "close": 3.39, "volume": 1877844, "typical_volume": 3069663.6, "trend": 3.896167, "fair_value": 4.08734, "relative_strength": -19.297083, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -11.700767, "energy": 22.932249, "activity_lines": [ 3.654, 4.002818, 3.989119, 3.956011 ] }, { "date": "2026-06-05", "close": 3.41, "volume": 3180711, "typical_volume": 3122879.45, "trend": 3.9245, "fair_value": 4.055353, "relative_strength": -15.206244, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -22.025571, "energy": 32.732744, "activity_lines": [ 3.477667, 3.879636, 3.942857, 3.924645 ] }, { "date": "2026-06-12", "close": 2.99, "volume": 3139050, "typical_volume": 3181102.5, "trend": 3.922167, "fair_value": 4.021442, "relative_strength": -27.12976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.020959, "energy": 68.789667, "activity_lines": [ 3.265333, 3.685909, 3.8575, 3.864355 ] }, { "date": "2026-06-19", "close": 2.75, "volume": 5589665, "typical_volume": 3355099.15, "trend": 3.8765, "fair_value": 3.988558, "relative_strength": -34.227499, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.312839, "energy": 75.159669, "activity_lines": [ 3.076, 3.460545, 3.751476, 3.788731 ] }, { "date": "2026-06-26", "close": 2.9, "volume": 3616941, "typical_volume": 3405145.85, "trend": 3.832167, "fair_value": 3.948494, "relative_strength": -27.12322, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.081069, "energy": 72.481985, "activity_lines": [ 2.978667, 3.287182, 3.662595, 3.725731 ] }, { "date": "2026-07-03", "close": 3.12, "volume": 4123799, "typical_volume": 3468721.8, "trend": 3.791167, "fair_value": 3.908558, "relative_strength": -21.833232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.731961, "energy": 64.346097, "activity_lines": [ 2.989333, 3.190909, 3.597, 3.679785 ] }, { "date": "2026-07-10", "close": 3.02, "volume": 2966646, "typical_volume": 3562110.85, "trend": 3.7455, "fair_value": 3.865929, "relative_strength": -25.00337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.21981, "energy": 51.413672, "activity_lines": [ 2.984667, 3.106091, 3.523595, 3.630032 ] }, { "date": "2026-07-17", "close": 3.1, "volume": 3992661, "typical_volume": 3631182.8, "trend": 3.692167, "fair_value": 3.824006, "relative_strength": -19.286801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.896013, "energy": 40.553484, "activity_lines": [ 3.032667, 3.071273, 3.461095, 3.588387 ] }, { "date": "2026-07-24", "close": 2.99, "volume": 2954766, "typical_volume": 3513164.4, "trend": 3.659833, "fair_value": 3.781314, "relative_strength": -20.46386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.290146, "energy": 37.278687, "activity_lines": [ 3.036667, 3.042545, 3.393119, 3.543086 ] }, { "date": "2026-07-31", "close": 2.81, "volume": 2165471, "typical_volume": 3382379.1, "trend": 3.621833, "fair_value": 3.729968, "relative_strength": -25.354622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.841048, "energy": 40.686287, "activity_lines": [ 2.964667, 2.988182, 3.315524, 3.488258 ] }, { "date": "2026-08-07", "close": 3.32, "volume": 4909558, "typical_volume": 3322271.75, "trend": 3.610833, "fair_value": 3.686827, "relative_strength": -16.136841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.462899, "energy": 26.942749, "activity_lines": [ 3.068667, 3.037636, 3.292024, 3.468785 ] } ], "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." } } }