{ "ticker": { "uuid": "62f9bf27-60c8-4211-bad2-6ec93acad04c", "symbol": "CODX", "name": "Co-Diagnostics, Inc. Common Stock", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -23.561, "architecture_energy": 31.305, "architecture_maturity": 32.0, "architecture_confidence": 66.3, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 45.32, "rotation_up": 16.5, "upward_expansion": 18.23, "deceleration": 56.0, "rotation_down": 64.42, "downward_expansion": 50.23 }, "activity_lines": [ 1.812667, 2.351818, 2.932381, 2.829129 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 1.52, "trend_reference": 2.71978, "distance_from_trend": -0.441131, "trend_direction": "Weakening", "fair_value": 21.005721, "distance_from_fair_value": -0.927639, "fair_value_direction": "Weakening", "relative_strength": -77.72497, "relative_strength_direction": "Weakening", "price_momentum": -0.347639, "excess_performance": -0.535093, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.441131, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.433629, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.927639, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.033923, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.77725, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.074828, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.347639, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 9.313776, "read": "Demand-led" } ], "volume": { "latest": 1863963, "relative_activity": 0.099483, "balance": 9.313776, "dry_up": 0.096571, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 1.38292, "annualized_volatility": 2.707976, "from_high_reference": -0.967312, "from_low_reference": 0.206349 }, "levels": { "trend_reference": 2.71978, "fair_value_reference": 21.005721, "structural_low": 1.26, "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": 25, "median_return": -0.12938, "positive_rate": 0.28, "directional_follow_through": 0.28, "median_excess_return": -0.114936, "regime_survival": 0.52, "best_return": 0.5625, "worst_return": -0.575887, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.196065, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.261585, "regime_survival": 0.416667, "best_return": 0.252294, "worst_return": -0.812194, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.573579, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.487522, "regime_survival": 0.285714, "best_return": -0.027523, "worst_return": -0.772972, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.493493, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.659017, "regime_survival": 0.25, "best_return": -0.231884, "worst_return": -0.687453, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-31", "end": "2024-06-21", "tenure": "New", "return": 0.4, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-28", "end": "2024-07-19", "tenure": "New", "return": 0.016, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-26", "end": "2024-08-23", "tenure": "Developing", "return": 0.5625, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-09-20", "tenure": "New", "return": -0.071942, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-11-22", "tenure": "Developing", "return": -0.178862, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-08-29", "tenure": "Extended", "return": -0.629966, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": 0.413493, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": -0.011218, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": 0.080197, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-02", "tenure": "Developing", "return": -0.49991, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-09", "end": "2026-01-16", "tenure": "New", "return": -0.542811, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-05-15", "tenure": "Established", "return": -0.570234, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": -0.39645, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.491639, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 36.3, "volume": 499221, "typical_volume": 591127.3, "trend": 51.8, "fair_value": 205.647115, "relative_strength": -56.638514, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.953469, "energy": 29.535724, "activity_lines": [ 38.28, 38.961818, 37.968571, 42.18129 ] }, { "date": "2023-08-25", "close": 35.7, "volume": 275462, "typical_volume": 575309.6, "trend": 50.1, "fair_value": 203.679808, "relative_strength": -57.161305, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -43.623186, "energy": 34.485586, "activity_lines": [ 36.46, 38.552727, 37.681429, 41.142581 ] }, { "date": "2023-09-01", "close": 36.0, "volume": 683735, "typical_volume": 565465.0, "trend": 48.35, "fair_value": 202.325962, "relative_strength": -57.532708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.411394, "energy": 33.919207, "activity_lines": [ 36.06, 38.132727, 37.462857, 40.232903 ] }, { "date": "2023-09-08", "close": 36.9, "volume": 220713, "typical_volume": 549560.45, "trend": 46.72, "fair_value": 199.925962, "relative_strength": -55.02783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.047578, "energy": 29.069459, "activity_lines": [ 36.2, 37.821818, 37.381429, 39.494194 ] }, { "date": "2023-09-15", "close": 35.1, "volume": 493142, "typical_volume": 550832.2, "trend": 44.85, "fair_value": 197.300962, "relative_strength": -56.08688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.379457, "energy": 31.061177, "activity_lines": [ 35.92, 37.118182, 37.16, 38.744516 ] }, { "date": "2023-09-22", "close": 31.5, "volume": 420777, "typical_volume": 557222.25, "trend": 42.89, "fair_value": 194.745192, "relative_strength": -58.327253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.762293, "energy": 35.042152, "activity_lines": [ 34.42, 35.754545, 36.625714, 37.883226 ] }, { "date": "2023-09-29", "close": 31.8, "volume": 248367, "typical_volume": 531693.5, "trend": 40.92, "fair_value": 192.264423, "relative_strength": -56.897169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.067684, "energy": 35.78803, "activity_lines": [ 33.34, 34.609091, 36.167143, 37.167742 ] }, { "date": "2023-10-06", "close": 31.5, "volume": 255270, "typical_volume": 527421.25, "trend": 39.11, "fair_value": 189.693269, "relative_strength": -56.936914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.408782, "energy": 41.369928, "activity_lines": [ 32.42, 33.84, 35.718571, 36.56 ] }, { "date": "2023-10-13", "close": 31.8, "volume": 251623, "typical_volume": 508808.65, "trend": 37.69, "fair_value": 187.204808, "relative_strength": -55.428243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.479584, "energy": 46.129409, "activity_lines": [ 31.9, 33.272727, 35.345714, 36.088387 ] }, { "date": "2023-10-20", "close": 31.2, "volume": 176678, "typical_volume": 503761.1, "trend": 37.34, "fair_value": 185.008654, "relative_strength": -53.765097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.755154, "energy": 49.12304, "activity_lines": [ 31.52, 32.738182, 34.918571, 35.669677 ] }, { "date": "2023-10-27", "close": 32.1, "volume": 118251, "typical_volume": 484867.3, "trend": 36.93, "fair_value": 182.635577, "relative_strength": -49.803498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.289216, "energy": 47.879891, "activity_lines": [ 31.7, 32.432727, 34.584286, 35.331613 ] }, { "date": "2023-11-03", "close": 39.9, "volume": 325695, "typical_volume": 486039.3, "trend": 36.79, "fair_value": 180.114423, "relative_strength": -39.604142, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.124991, "energy": 9.385035, "activity_lines": [ 34.44, 33.621818, 34.988571, 35.523226 ] }, { "date": "2023-11-10", "close": 34.2, "volume": 327056, "typical_volume": 492729.05, "trend": 36.37, "fair_value": 177.452885, "relative_strength": -48.067497, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.476971, "energy": 17.635533, "activity_lines": [ 34.74, 33.698182, 34.812857, 35.356129 ] }, { "date": "2023-11-17", "close": 41.4, "volume": 655730, "typical_volume": 514985.85, "trend": 36.3, "fair_value": 175.585577, "relative_strength": -36.605651, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.527108, "energy": 21.32621, "activity_lines": [ 37.26, 35.116364, 35.317143, 35.680645 ] }, { "date": "2023-11-24", "close": 33.9, "volume": 672548, "typical_volume": 530081.25, "trend": 36.05, "fair_value": 173.516346, "relative_strength": -46.970325, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.803375, "energy": 13.170916, "activity_lines": [ 36.64, 35.089091, 35.068571, 35.525806 ] }, { "date": "2023-12-01", "close": 38.7, "volume": 517487, "typical_volume": 519593.45, "trend": 35.96, "fair_value": 171.641346, "relative_strength": -37.922255, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.666306, "energy": 15.401982, "activity_lines": [ 37.44, 35.956364, 35.281429, 35.696774 ] }, { "date": "2023-12-08", "close": 36.6, "volume": 308419, "typical_volume": 460352.45, "trend": 35.85, "fair_value": 169.916346, "relative_strength": -40.161181, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.33257, "energy": 12.685914, "activity_lines": [ 37.1, 36.310909, 35.302857, 35.738065 ] }, { "date": "2023-12-15", "close": 34.2, "volume": 365144, "typical_volume": 420865.6, "trend": 35.61, "fair_value": 168.000962, "relative_strength": -44.574126, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.23735, "energy": 4.205397, "activity_lines": [ 36.18, 36.141818, 35.185714, 35.631613 ] }, { "date": "2023-12-22", "close": 34.5, "volume": 469953, "typical_volume": 397720.9, "trend": 35.68, "fair_value": 166.1375, "relative_strength": -43.155853, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.988814, "energy": 5.784787, "activity_lines": [ 35.36, 35.978182, 35.122857, 35.56 ] }, { "date": "2023-12-29", "close": 39.9, "volume": 1776239, "typical_volume": 453075.5, "trend": 35.92, "fair_value": 164.604808, "relative_strength": -32.839114, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.657022, "energy": 6.189447, "activity_lines": [ 36.8, 36.747273, 35.598571, 35.832258 ] }, { "date": "2024-01-05", "close": 39.0, "volume": 364506, "typical_volume": 446339.75, "trend": 36.18, "fair_value": 162.735577, "relative_strength": -30.506812, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.57229, "energy": 7.945964, "activity_lines": [ 37.54, 37.194545, 35.964286, 36.030968 ] }, { "date": "2024-01-12", "close": 42.0, "volume": 616962, "typical_volume": 463414.75, "trend": 36.51, "fair_value": 160.977885, "relative_strength": -25.300668, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.977668, "energy": 28.302943, "activity_lines": [ 39.26, 38.061818, 36.602857, 36.406452 ] }, { "date": "2024-01-19", "close": 36.6, "volume": 411650, "typical_volume": 449810.5, "trend": 36.63, "fair_value": 158.950962, "relative_strength": -34.609216, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.699738, "energy": 22.576783, "activity_lines": [ 38.82, 37.909091, 36.697143, 36.412258 ] }, { "date": "2024-01-26", "close": 37.8, "volume": 242346, "typical_volume": 450892.15, "trend": 36.78, "fair_value": 156.724038, "relative_strength": -30.827535, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.267069, "energy": 16.840383, "activity_lines": [ 38.62, 37.930909, 36.902857, 36.487742 ] }, { "date": "2024-02-02", "close": 35.1, "volume": 235917, "typical_volume": 438030.9, "trend": 36.79, "fair_value": 153.977885, "relative_strength": -34.503164, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.187143, "energy": 2.979498, "activity_lines": [ 37.3, 37.527273, 36.847143, 36.379355 ] }, { "date": "2024-02-09", "close": 35.7, "volume": 187625, "typical_volume": 426373.3, "trend": 36.63, "fair_value": 150.939423, "relative_strength": -32.461141, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.982665, "energy": 5.603536, "activity_lines": [ 36.5, 37.210909, 36.848571, 36.309032 ] }, { "date": "2024-02-16", "close": 34.8, "volume": 231239, "typical_volume": 425516.9, "trend": 35.94, "fair_value": 147.885577, "relative_strength": -30.703784, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.170221, "energy": 6.69818, "activity_lines": [ 35.62, 36.785455, 36.744286, 36.190968 ] }, { "date": "2024-02-23", "close": 33.9, "volume": 324423, "typical_volume": 428974.55, "trend": 35.75, "fair_value": 145.456731, "relative_strength": -30.786094, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.48337, "energy": 16.338953, "activity_lines": [ 34.92, 36.229091, 36.54, 36.059355 ] }, { "date": "2024-03-01", "close": 34.8, "volume": 215566, "typical_volume": 427171.7, "trend": 35.59, "fair_value": 143.306731, "relative_strength": -27.531319, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.804699, "energy": 21.098191, "activity_lines": [ 34.7, 35.841818, 36.41, 35.998065 ] }, { "date": "2024-03-08", "close": 34.5, "volume": 246444, "typical_volume": 430660.0, "trend": 35.58, "fair_value": 140.847115, "relative_strength": -24.086223, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.984786, "energy": 22.462795, "activity_lines": [ 34.58, 35.394545, 36.237143, 35.927742 ] }, { "date": "2024-03-15", "close": 32.1, "volume": 376093, "typical_volume": 443552.1, "trend": 35.44, "fair_value": 138.350962, "relative_strength": -26.18738, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.855129, "energy": 28.313853, "activity_lines": [ 33.7, 34.609091, 35.82, 35.703226 ] }, { "date": "2024-03-22", "close": 35.4, "volume": 296793, "typical_volume": 442107.0, "trend": 35.43, "fair_value": 136.7125, "relative_strength": -20.122017, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.240354, "energy": 12.679029, "activity_lines": [ 34.16, 34.549091, 35.717143, 35.700645 ] }, { "date": "2024-03-29", "close": 33.6, "volume": 259469, "typical_volume": 438727.65, "trend": 35.35, "fair_value": 135.089423, "relative_strength": -22.828288, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.91058, "energy": 20.28428, "activity_lines": [ 33.98, 34.281818, 35.464286, 35.582581 ] }, { "date": "2024-04-05", "close": 36.6, "volume": 445749, "typical_volume": 428228.6, "trend": 35.34, "fair_value": 133.574038, "relative_strength": -14.313105, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.309495, "energy": 5.517194, "activity_lines": [ 34.82, 34.614545, 35.5, 35.663226 ] }, { "date": "2024-04-12", "close": 36.0, "volume": 262208, "typical_volume": 407711.6, "trend": 35.37, "fair_value": 132.099038, "relative_strength": -14.175771, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.414954, "energy": 4.836813, "activity_lines": [ 35.34, 34.86, 35.501429, 35.705806 ] }, { "date": "2024-04-19", "close": 34.5, "volume": 343424, "typical_volume": 399008.45, "trend": 35.47, "fair_value": 130.599038, "relative_strength": -12.093271, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.70705, "energy": 5.56774, "activity_lines": [ 35.26, 34.816364, 35.35, 35.649677 ] }, { "date": "2024-04-26", "close": 33.3, "volume": 107567, "typical_volume": 388965.85, "trend": 35.52, "fair_value": 129.108654, "relative_strength": -17.498977, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.910586, "energy": 17.379843, "activity_lines": [ 34.62, 34.576364, 35.104286, 35.509677 ] }, { "date": "2024-05-03", "close": 36.3, "volume": 311253, "typical_volume": 386271.3, "trend": 35.68, "fair_value": 127.775962, "relative_strength": -10.148157, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.524696, "energy": 10.211551, "activity_lines": [ 35.12, 34.909091, 35.16, 35.56 ] }, { "date": "2024-05-10", "close": 33.3, "volume": 314069, "typical_volume": 378477.1, "trend": 35.73, "fair_value": 126.3625, "relative_strength": -17.98053, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.622837, "energy": 24.517283, "activity_lines": [ 34.44, 34.652727, 34.92, 35.406452 ] }, { "date": "2024-05-17", "close": 32.7, "volume": 240319, "typical_volume": 301681.1, "trend": 35.78, "fair_value": 124.949038, "relative_strength": -20.329189, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -51.726161, "energy": 32.607333, "activity_lines": [ 33.78, 34.314545, 34.628571, 35.210968 ] }, { "date": "2024-05-24", "close": 31.8, "volume": 222706, "typical_volume": 294591.1, "trend": 35.77, "fair_value": 123.600962, "relative_strength": -23.176077, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -56.922558, "energy": 39.330611, "activity_lines": [ 33.04, 33.845455, 34.285714, 34.954194 ] }, { "date": "2024-05-31", "close": 31.5, "volume": 337175, "typical_volume": 280601.75, "trend": 35.49, "fair_value": 122.189423, "relative_strength": -22.299371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.726382, "energy": 49.36764, "activity_lines": [ 32.38, 33.327273, 33.948571, 34.67871 ] }, { "date": "2024-06-07", "close": 40.5, "volume": 1794177, "typical_volume": 349728.1, "trend": 35.7, "fair_value": 120.750962, "relative_strength": -2.719344, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.57314, "energy": 4.741951, "activity_lines": [ 34.84, 34.516364, 34.518571, 35.001935 ] }, { "date": "2024-06-14", "close": 47.7, "volume": 2089842, "typical_volume": 442102.9, "trend": 35.91, "fair_value": 119.499038, "relative_strength": 10.417716, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 35.345184, "energy": 41.942329, "activity_lines": [ 39.42, 36.889091, 35.755714, 35.776129 ] }, { "date": "2024-06-21", "close": 44.1, "volume": 788285, "typical_volume": 469721.3, "trend": 36.25, "fair_value": 118.135577, "relative_strength": 1.866551, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "up", "direction": 63.478132, "energy": 64.560445, "activity_lines": [ 41.84, 38.405455, 36.602857, 36.304516 ] }, { "date": "2024-06-28", "close": 37.5, "volume": 660567, "typical_volume": 493368.4, "trend": 36.21, "fair_value": 116.797115, "relative_strength": -13.093373, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.326204, "energy": 52.869819, "activity_lines": [ 41.3, 38.574545, 36.778571, 36.385161 ] }, { "date": "2024-07-05", "close": 37.5, "volume": 227818, "typical_volume": 493197.35, "trend": 36.24, "fair_value": 115.472115, "relative_strength": -15.718189, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.360229, "energy": 55.762958, "activity_lines": [ 40.38, 38.689091, 36.945714, 36.468387 ] }, { "date": "2024-07-12", "close": 40.5, "volume": 378003, "typical_volume": 495876.35, "trend": 36.45, "fair_value": 114.220192, "relative_strength": -8.22275, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.206455, "energy": 30.048147, "activity_lines": [ 40.06, 39.272727, 37.385714, 36.743226 ] }, { "date": "2024-07-19", "close": 38.1, "volume": 411467, "typical_volume": 505671.4, "trend": 36.57, "fair_value": 112.710577, "relative_strength": -8.754438, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.985833, "energy": 16.599253, "activity_lines": [ 38.94, 39.343636, 37.565714, 36.849677 ] }, { "date": "2024-07-26", "close": 33.6, "volume": 396965, "typical_volume": 513197.45, "trend": 36.36, "fair_value": 110.981731, "relative_strength": -16.827167, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.797508, "energy": 12.730117, "activity_lines": [ 36.96, 38.509091, 37.301429, 36.658065 ] }, { "date": "2024-08-02", "close": 32.7, "volume": 261436, "typical_volume": 507464.6, "trend": 36.15, "fair_value": 109.2875, "relative_strength": -15.85383, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.595074, "energy": 11.54208, "activity_lines": [ 35.38, 37.494545, 36.955714, 36.421935 ] }, { "date": "2024-08-09", "close": 33.6, "volume": 438257, "typical_volume": 514537.8, "trend": 35.87, "fair_value": 107.464423, "relative_strength": -13.451453, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.37847, "energy": 18.216704, "activity_lines": [ 34.42, 36.627273, 36.692857, 36.257419 ] }, { "date": "2024-08-16", "close": 40.95, "volume": 1008599, "typical_volume": 551994.3, "trend": 36.015, "fair_value": 105.709615, "relative_strength": 0.36917, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.518819, "energy": 16.254144, "activity_lines": [ 36.17, 37.058182, 37.138571, 36.585161 ] }, { "date": "2024-08-23", "close": 52.5, "volume": 7547494, "typical_volume": 907081.55, "trend": 36.505, "fair_value": 103.957692, "relative_strength": 27.043777, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.880026, "energy": 42.08265, "activity_lines": [ 41.74, 39.580909, 38.649286, 37.64871 ] }, { "date": "2024-08-30", "close": 41.7, "volume": 2218849, "typical_volume": 1004913.6, "trend": 36.725, "fair_value": 102.159615, "relative_strength": 1.891529, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.61429, "energy": 37.31608, "activity_lines": [ 42.75, 40.052727, 39.055714, 37.983871 ] }, { "date": "2024-09-06", "close": 40.2, "volume": 1351375, "typical_volume": 1055311.15, "trend": 36.875, "fair_value": 100.382692, "relative_strength": 4.500998, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.852217, "energy": 37.958804, "activity_lines": [ 42.72, 40.295455, 39.292143, 38.208065 ] }, { "date": "2024-09-13", "close": 39.3, "volume": 571136, "typical_volume": 1078489.6, "trend": 37.025, "fair_value": 98.707692, "relative_strength": -3.292234, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.927483, "energy": 41.113212, "activity_lines": [ 41.89, 40.325455, 39.415714, 38.364516 ] }, { "date": "2024-09-20", "close": 38.7, "volume": 384074, "typical_volume": 1082130.65, "trend": 37.185, "fair_value": 97.078846, "relative_strength": -5.995271, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.038722, "energy": 17.723854, "activity_lines": [ 40.48, 40.213636, 39.453571, 38.472581 ] }, { "date": "2024-09-27", "close": 36.9, "volume": 477541, "typical_volume": 1090304.25, "trend": 37.255, "fair_value": 95.509615, "relative_strength": -11.014034, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.36375, "energy": 12.464179, "activity_lines": [ 38.62, 39.807273, 39.308571, 38.454194 ] }, { "date": "2024-10-04", "close": 38.4, "volume": 328769, "typical_volume": 1094726.75, "trend": 37.385, "fair_value": 94.117308, "relative_strength": -7.33423, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.74604, "energy": 14.276945, "activity_lines": [ 38.3, 39.695455, 39.289286, 38.528065 ] }, { "date": "2024-10-11", "close": 38.4, "volume": 617579, "typical_volume": 1114470.4, "trend": 37.595, "fair_value": 92.751923, "relative_strength": -8.264995, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.490556, "energy": 13.857932, "activity_lines": [ 38.2, 39.496364, 39.242857, 38.593548 ] }, { "date": "2024-10-18", "close": 38.4, "volume": 440575, "typical_volume": 1119640.4, "trend": 37.695, "fair_value": 91.392308, "relative_strength": -8.243613, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.665295, "energy": 12.59148, "activity_lines": [ 38.22, 39.193636, 39.165, 38.645484 ] }, { "date": "2024-10-25", "close": 36.9, "volume": 285752, "typical_volume": 1044219.15, "trend": 37.805, "fair_value": 90.05, "relative_strength": -11.595511, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.04652, "energy": 6.445072, "activity_lines": [ 37.8, 38.530909, 38.911429, 38.594194 ] }, { "date": "2024-11-01", "close": 36.3, "volume": 281792, "typical_volume": 953816.65, "trend": 37.795, "fair_value": 88.7, "relative_strength": -10.918201, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.382681, "energy": 9.272677, "activity_lines": [ 37.3, 37.832727, 38.617857, 38.497097 ] }, { "date": "2024-11-08", "close": 34.2, "volume": 381573, "typical_volume": 933481.05, "trend": 37.735, "fair_value": 87.128846, "relative_strength": -19.981181, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.103, "energy": 23.021257, "activity_lines": [ 36.14, 37.047273, 38.178571, 38.265161 ] }, { "date": "2024-11-15", "close": 31.8, "volume": 589963, "typical_volume": 929950.85, "trend": 37.645, "fair_value": 85.611538, "relative_strength": -22.172874, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.309846, "energy": 39.599334, "activity_lines": [ 34.46, 35.961818, 37.557857, 37.882258 ] }, { "date": "2024-11-22", "close": 30.3, "volume": 690405, "typical_volume": 953080.2, "trend": 37.545, "fair_value": 83.967308, "relative_strength": -26.720975, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.666767, "energy": 66.779485, "activity_lines": [ 32.72, 34.756364, 36.821429, 37.408387 ] }, { "date": "2024-11-29", "close": 26.73, "volume": 1078362, "typical_volume": 988098.15, "trend": 37.226, "fair_value": 82.532885, "relative_strength": -35.131151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.156729, "energy": 83.244968, "activity_lines": [ 30.33, 33.065455, 35.779286, 36.710645 ] }, { "date": "2024-12-06", "close": 25.53, "volume": 685671, "typical_volume": 1001808.35, "trend": 36.967, "fair_value": 81.073462, "relative_strength": -39.35728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.899083, "energy": 90.235487, "activity_lines": [ 28.218, 31.374, 34.688429, 35.956065 ] }, { "date": "2024-12-13", "close": 24.957, "volume": 534999, "typical_volume": 1008710.05, "trend": 36.7089, "fair_value": 79.568058, "relative_strength": -40.62962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.71846, "energy": 91.384734, "activity_lines": [ 26.633, 29.785091, 33.602857, 35.181226 ] }, { "date": "2024-12-20", "close": 21.9, "volume": 1270813, "typical_volume": 1059178.9, "trend": 36.3789, "fair_value": 77.898827, "relative_strength": -46.152014, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.164496, "energy": 93.543869, "activity_lines": [ 24.6452, 27.884782, 32.2673, 34.225813 ] }, { "date": "2024-12-27", "close": 21.9, "volume": 482865, "typical_volume": 1061409.3, "trend": 36.0589, "fair_value": 76.321904, "relative_strength": -45.895881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.630778, "energy": 91.210231, "activity_lines": [ 23.3174, 26.284473, 30.983171, 33.29169 ] }, { "date": "2025-01-03", "close": 23.4, "volume": 1800019, "typical_volume": 1100980.3, "trend": 35.4889, "fair_value": 74.687288, "relative_strength": -40.958448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.708319, "energy": 84.573442, "activity_lines": [ 23.0496, 25.256891, 29.897614, 32.474987 ] }, { "date": "2025-01-10", "close": 24.903, "volume": 2691788, "typical_volume": 858195.0, "trend": 34.729, "fair_value": 73.143077, "relative_strength": -34.869183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.200862, "energy": 63.276035, "activity_lines": [ 23.5048, 24.748036, 29.038771, 31.792026 ] }, { "date": "2025-01-17", "close": 23.85, "volume": 855138, "typical_volume": 790009.45, "trend": 34.054, "fair_value": 71.855577, "relative_strength": -38.710724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.205892, "energy": 57.20423, "activity_lines": [ 23.6508, 24.254945, 28.211057, 31.090155 ] }, { "date": "2025-01-24", "close": 24.12, "volume": 250458, "typical_volume": 734963.6, "trend": 33.608, "fair_value": 70.689038, "relative_strength": -38.23672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.341593, "energy": 49.015576, "activity_lines": [ 23.9606, 23.999127, 27.494057, 30.449252 ] }, { "date": "2025-01-31", "close": 22.53, "volume": 521778, "typical_volume": 732495.7, "trend": 33.109, "fair_value": 69.512308, "relative_strength": -40.893672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.797463, "energy": 48.509913, "activity_lines": [ 23.5924, 23.593855, 26.7022, 29.734542 ] }, { "date": "2025-02-07", "close": 20.628, "volume": 563481, "typical_volume": 741466.05, "trend": 32.4466, "fair_value": 68.309923, "relative_strength": -45.333296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.409827, "energy": 52.960632, "activity_lines": [ 22.5482, 22.984036, 25.809057, 28.929316 ] }, { "date": "2025-02-14", "close": 20.691, "volume": 326954, "typical_volume": 733936.7, "trend": 31.8663, "fair_value": 67.265635, "relative_strength": -46.102629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.993732, "energy": 54.803949, "activity_lines": [ 21.7098, 22.496618, 25.007971, 28.17089 ] }, { "date": "2025-02-21", "close": 21.15, "volume": 1348216, "typical_volume": 784909.05, "trend": 31.4513, "fair_value": 66.299288, "relative_strength": -43.06169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.30757, "energy": 54.382104, "activity_lines": [ 21.3052, 22.180636, 24.327786, 27.479516 ] }, { "date": "2025-02-28", "close": 14.85, "volume": 1337606, "typical_volume": 820910.4, "trend": 30.8563, "fair_value": 65.331019, "relative_strength": -58.049358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.521866, "energy": 81.239738, "activity_lines": [ 18.9806, 20.788418, 23.129743, 26.408465 ] }, { "date": "2025-03-07", "close": 16.8, "volume": 655878, "typical_volume": 831675.55, "trend": 30.2963, "fair_value": 64.432942, "relative_strength": -50.344611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.192158, "energy": 73.267362, "activity_lines": [ 17.924, 19.878927, 22.229557, 25.501606 ] }, { "date": "2025-03-14", "close": 14.529, "volume": 734920, "typical_volume": 854133.95, "trend": 29.4156, "fair_value": 63.266462, "relative_strength": -55.421125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.556198, "energy": 71.824526, "activity_lines": [ 16.4924, 18.649255, 21.215943, 24.484361 ] }, { "date": "2025-03-21", "close": 13.83, "volume": 1307643, "typical_volume": 905426.5, "trend": 28.1266, "fair_value": 62.248385, "relative_strength": -57.051163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.603737, "energy": 77.342164, "activity_lines": [ 15.2344, 17.453782, 20.242286, 23.478839 ] }, { "date": "2025-03-28", "close": 9.6, "volume": 2622903, "typical_volume": 1017493.0, "trend": 27.0566, "fair_value": 61.121462, "relative_strength": -68.980248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.00078, "energy": 73.749928, "activity_lines": [ 13.0238, 15.690545, 18.972771, 22.283574 ] }, { "date": "2025-04-04", "close": 9.318, "volume": 596516, "typical_volume": 1017820.65, "trend": 26.0272, "fair_value": 60.086962, "relative_strength": -65.985361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.450828, "energy": 80.63441, "activity_lines": [ 11.4892, 14.135127, 17.793543, 21.139148 ] }, { "date": "2025-04-11", "close": 11.07, "volume": 1499324, "typical_volume": 1058266.6, "trend": 25.0862, "fair_value": 59.075231, "relative_strength": -61.750174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.131894, "energy": 81.136242, "activity_lines": [ 10.9074, 13.167382, 16.888229, 20.174168 ] }, { "date": "2025-04-18", "close": 10.422, "volume": 114444, "typical_volume": 1010070.7, "trend": 24.1436, "fair_value": 58.228577, "relative_strength": -62.471386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.626573, "energy": 79.826862, "activity_lines": [ 10.4916, 12.290182, 16.012771, 19.22809 ] }, { "date": "2025-04-25", "close": 10.5, "volume": 214719, "typical_volume": 986523.1, "trend": 23.2636, "fair_value": 57.449731, "relative_strength": -63.850462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.879059, "energy": 68.404609, "activity_lines": [ 10.3756, 11.612727, 15.2224, 18.347858 ] }, { "date": "2025-05-02", "close": 11.037, "volume": 832344, "typical_volume": 1001390.35, "trend": 22.3515, "fair_value": 56.699327, "relative_strength": -62.548284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.054535, "energy": 57.172219, "activity_lines": [ 10.6606, 11.2182, 14.554743, 17.559045 ] }, { "date": "2025-05-09", "close": 10.197, "volume": 281115, "typical_volume": 951905.45, "trend": 21.4114, "fair_value": 55.889692, "relative_strength": -64.719934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.126577, "energy": 55.932328, "activity_lines": [ 10.5698, 10.854818, 13.873371, 16.774884 ] }, { "date": "2025-05-16", "close": 9.0, "volume": 6266524, "typical_volume": 1241088.4, "trend": 20.4314, "fair_value": 54.987769, "relative_strength": -70.328706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.554107, "energy": 52.557021, "activity_lines": [ 10.0214, 10.3584, 13.133729, 15.974148 ] }, { "date": "2025-05-23", "close": 6.948, "volume": 2348885, "typical_volume": 1268531.7, "trend": 19.433, "fair_value": 53.974615, "relative_strength": -76.097546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.51204, "energy": 55.991315, "activity_lines": [ 8.927, 9.630709, 12.260086, 15.104252 ] }, { "date": "2025-05-30", "close": 7.665, "volume": 3085660, "typical_volume": 1288225.3, "trend": 18.4785, "fair_value": 53.012212, "relative_strength": -73.638961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.914813, "energy": 56.163013, "activity_lines": [ 8.3032, 9.171218, 11.533071, 14.345026 ] }, { "date": "2025-06-06", "close": 9.003, "volume": 2646675, "typical_volume": 1377802.15, "trend": 17.6386, "fair_value": 52.093, "relative_strength": -68.910927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.680568, "energy": 54.908868, "activity_lines": [ 8.3144, 9.067091, 11.015571, 13.733703 ] }, { "date": "2025-06-13", "close": 8.274, "volume": 1493838, "typical_volume": 1439971.15, "trend": 16.8544, "fair_value": 51.155654, "relative_strength": -70.387819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.377422, "energy": 56.02804, "activity_lines": [ 8.2182, 8.841273, 10.499343, 13.129535 ] }, { "date": "2025-06-20", "close": 7.851, "volume": 2168563, "typical_volume": 1522310.4, "trend": 16.1061, "fair_value": 50.167519, "relative_strength": -71.081988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.412893, "energy": 51.948831, "activity_lines": [ 8.1092, 8.557527, 10.018286, 12.548671 ] }, { "date": "2025-06-27", "close": 7.875, "volume": 1917913, "typical_volume": 1590032.0, "trend": 15.4776, "fair_value": 49.094923, "relative_strength": -71.465347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.006128, "energy": 51.421873, "activity_lines": [ 8.0848, 8.336673, 9.609414, 12.017632 ] }, { "date": "2025-07-04", "close": 8.31, "volume": 836835, "typical_volume": 1615526.05, "trend": 14.9036, "fair_value": 47.998192, "relative_strength": -69.620798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.868122, "energy": 48.234755, "activity_lines": [ 8.1436, 8.241218, 9.3027, 11.555206 ] }, { "date": "2025-07-11", "close": 7.5, "volume": 14289151, "typical_volume": 2262572.8, "trend": 14.3217, "fair_value": 46.934731, "relative_strength": -71.72154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.32697, "energy": 50.015972, "activity_lines": [ 7.8894, 8.038309, 8.9778, 11.077555 ] }, { "date": "2025-07-18", "close": 8.385, "volume": 3981734, "typical_volume": 2394779.2, "trend": 13.8712, "fair_value": 45.886558, "relative_strength": -67.936129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.81517, "energy": 43.310266, "activity_lines": [ 8.0304, 8.060618, 8.802186, 10.694542 ] }, { "date": "2025-07-25", "close": 8.4, "volume": 5046273, "typical_volume": 2614298.95, "trend": 13.4212, "fair_value": 44.678865, "relative_strength": -67.385837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.533919, "energy": 35.480133, "activity_lines": [ 8.169, 8.1186, 8.658786, 10.341561 ] }, { "date": "2025-08-01", "close": 7.446, "volume": 5917389, "typical_volume": 2873422.4, "trend": 12.8894, "fair_value": 43.418904, "relative_strength": -69.670546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.158675, "energy": 40.034708, "activity_lines": [ 7.953, 8.014036, 8.464529, 9.956065 ] }, { "date": "2025-08-08", "close": 7.629, "volume": 2021167, "typical_volume": 2909098.6, "trend": 12.3136, "fair_value": 42.606269, "relative_strength": -69.218598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.18948, "energy": 35.922494, "activity_lines": [ 7.8266, 7.933691, 8.321429, 9.616684 ] }, { "date": "2025-08-15", "close": 8.826, "volume": 86986787, "typical_volume": 7127292.8, "trend": 11.8128, "fair_value": 41.949385, "relative_strength": -63.395942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.516585, "energy": 28.349589, "activity_lines": [ 8.1446, 8.071636, 8.321857, 9.391677 ] }, { "date": "2025-08-22", "close": 9.567, "volume": 13295879, "typical_volume": 7762260.95, "trend": 11.3277, "fair_value": 41.328019, "relative_strength": -58.153293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.761918, "energy": 17.878819, "activity_lines": [ 8.6212, 8.347527, 8.396543, 9.246787 ] }, { "date": "2025-08-29", "close": 9.891, "volume": 2401134, "typical_volume": 7807351.45, "trend": 10.9064, "fair_value": 40.779885, "relative_strength": -55.089285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.570894, "energy": 10.199142, "activity_lines": [ 9.127, 8.658818, 8.5009, 9.154097 ] }, { "date": "2025-09-05", "close": 9.294, "volume": 1019024, "typical_volume": 7852580.45, "trend": 10.5286, "fair_value": 40.210615, "relative_strength": -56.616513, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.744274, "energy": 18.288244, "activity_lines": [ 9.3344, 8.824473, 8.554014, 9.050071 ] }, { "date": "2025-09-12", "close": 10.233, "volume": 2734844, "typical_volume": 7978586.7, "trend": 10.18, "fair_value": 39.655058, "relative_strength": -51.446955, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.867267, "energy": 20.099304, "activity_lines": [ 9.7316, 9.135055, 8.701929, 9.031 ] }, { "date": "2025-09-19", "close": 13.137, "volume": 271923480, "typical_volume": 21533143.5, "trend": 9.9129, "fair_value": 39.1585, "relative_strength": -37.007021, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.299445, "energy": 44.790275, "activity_lines": [ 10.9232, 9.938673, 9.127686, 9.221774 ] }, { "date": "2025-09-26", "close": 11.499, "volume": 9203344, "typical_volume": 21979254.95, "trend": 9.8012, "fair_value": 38.614904, "relative_strength": -42.815663, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.961246, "energy": 47.343321, "activity_lines": [ 11.2814, 10.341982, 9.387443, 9.324103 ] }, { "date": "2025-10-03", "close": 11.517, "volume": 5434288, "typical_volume": 21937643.15, "trend": 9.6251, "fair_value": 38.063731, "relative_strength": -41.402748, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.537021, "energy": 46.377028, "activity_lines": [ 11.5168, 10.691945, 9.642714, 9.4348 ] }, { "date": "2025-10-10", "close": 11.37, "volume": 7605606, "typical_volume": 22200479.2, "trend": 9.5198, "fair_value": 37.538538, "relative_strength": -38.674238, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.620635, "energy": 47.382381, "activity_lines": [ 11.5948, 10.958509, 9.872, 9.547374 ] }, { "date": "2025-10-17", "close": 9.726, "volume": 5741553, "typical_volume": 22333273.85, "trend": 9.383, "fair_value": 36.989346, "relative_strength": -46.778202, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.387001, "energy": 28.586852, "activity_lines": [ 10.9864, 10.854818, 9.923657, 9.560677 ] }, { "date": "2025-10-24", "close": 10.521, "volume": 3237728, "typical_volume": 22362826.5, "trend": 9.4137, "fair_value": 36.414481, "relative_strength": -41.506176, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.99905, "energy": 19.714762, "activity_lines": [ 10.6768, 10.857545, 10.041214, 9.634097 ] }, { "date": "2025-10-31", "close": 13.8, "volume": 1191283426, "typical_volume": 81852305.9, "trend": 9.5631, "fair_value": 35.835635, "relative_strength": -22.012119, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.527858, "energy": 25.38788, "activity_lines": [ 11.6346, 11.425636, 10.463829, 9.917084 ] }, { "date": "2025-11-07", "close": 12.183, "volume": 22161791, "typical_volume": 82851967.3, "trend": 9.6002, "fair_value": 35.211808, "relative_strength": -26.61494, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.217998, "energy": 22.718961, "activity_lines": [ 11.9, 11.622764, 10.706129, 10.08611 ] }, { "date": "2025-11-14", "close": 9.939, "volume": 9665747, "typical_volume": 83239359.0, "trend": 9.5841, "fair_value": 34.621673, "relative_strength": -37.938749, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.249921, "energy": 19.642413, "activity_lines": [ 11.373, 11.370218, 10.714086, 10.107968 ] }, { "date": "2025-11-21", "close": 10.506, "volume": 9606850, "typical_volume": 83677859.75, "trend": 9.5843, "fair_value": 34.050558, "relative_strength": -30.142653, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.068286, "energy": 15.828022, "activity_lines": [ 11.1304, 11.209036, 10.766214, 10.167445 ] }, { "date": "2025-11-28", "close": 11.118, "volume": 8138337, "typical_volume": 83370319.05, "trend": 9.587, "fair_value": 33.525673, "relative_strength": -27.659307, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.995504, "energy": 12.079588, "activity_lines": [ 11.0398, 11.154164, 10.866171, 10.266394 ] }, { "date": "2025-12-05", "close": 11.235, "volume": 6229681, "typical_volume": 83482716.4, "trend": 9.6216, "fair_value": 33.065, "relative_strength": -25.85739, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.685858, "energy": 13.173589, "activity_lines": [ 10.9484, 11.157273, 10.960043, 10.372716 ] }, { "date": "2025-12-12", "close": 10.242, "volume": 6174635, "typical_volume": 83539134.5, "trend": 9.663, "fair_value": 32.644115, "relative_strength": -29.388874, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.432967, "energy": 10.888326, "activity_lines": [ 10.697, 10.984636, 10.945771, 10.412742 ] }, { "date": "2025-12-19", "close": 7.917, "volume": 12110728, "typical_volume": 83848801.45, "trend": 9.6953, "fair_value": 32.204481, "relative_strength": -44.381247, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.33871, "energy": 5.954601, "activity_lines": [ 9.8, 10.412455, 10.7013, 10.300097 ] }, { "date": "2025-12-26", "close": 7.05, "volume": 5701450, "typical_volume": 84032815.6, "trend": 9.6748, "fair_value": 31.765058, "relative_strength": -49.7895, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.81366, "energy": 22.997701, "activity_lines": [ 8.7488, 9.745418, 10.372014, 10.129432 ] }, { "date": "2026-01-02", "close": 5.56, "volume": 11481746, "typical_volume": 80257563.55, "trend": 9.560033, "fair_value": 31.310314, "relative_strength": -58.416608, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.225268, "energy": 36.865296, "activity_lines": [ 7.431333, 8.856127, 9.903581, 9.863961 ] }, { "date": "2026-01-09", "close": 6.19, "volume": 401539, "typical_volume": 79612846.55, "trend": 9.490567, "fair_value": 30.77884, "relative_strength": -53.071042, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.523083, "energy": 45.324685, "activity_lines": [ 6.6944, 8.171582, 9.5107, 9.64654 ] }, { "date": "2026-01-16", "close": 2.83, "volume": 1671331, "typical_volume": 79576356.4, "trend": 9.3232, "fair_value": 30.229673, "relative_strength": -77.507983, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.809805, "energy": 65.541583, "activity_lines": [ 5.1738, 7.014491, 8.8139, 9.216826 ] }, { "date": "2026-01-23", "close": 2.99, "volume": 84041, "typical_volume": 79529607.25, "trend": 9.160367, "fair_value": 29.693071, "relative_strength": -75.33248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.9937, "energy": 66.048647, "activity_lines": [ 4.200667, 6.056545, 8.165962, 8.808232 ] }, { "date": "2026-01-30", "close": 2.3784, "volume": 78262, "typical_volume": 79396778.15, "trend": 8.962647, "fair_value": 29.141009, "relative_strength": -79.552838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.744226, "energy": 91.291819, "activity_lines": [ 3.352133, 5.113745, 7.489795, 8.370686 ] }, { "date": "2026-02-06", "close": 2.33, "volume": 45972, "typical_volume": 65802902.75, "trend": 8.790313, "fair_value": 28.605945, "relative_strength": -78.786095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.20876, "energy": 90.268143, "activity_lines": [ 2.798907, 4.30992, 6.846422, 7.942773 ] }, { "date": "2026-02-13", "close": 2.49, "volume": 40760, "typical_volume": 65344773.55, "trend": 8.593813, "fair_value": 28.037291, "relative_strength": -76.160152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.675699, "energy": 88.145988, "activity_lines": [ 2.514347, 3.694967, 6.269749, 7.536302 ] }, { "date": "2026-02-20", "close": 2.45, "volume": 42900, "typical_volume": 65075204.15, "trend": 8.39548, "fair_value": 27.47415, "relative_strength": -75.834255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.346246, "energy": 87.623475, "activity_lines": [ 2.46312, 3.231742, 5.732166, 7.139926 ] }, { "date": "2026-02-27", "close": 2.3, "volume": 15927, "typical_volume": 64695720.2, "trend": 8.223947, "fair_value": 26.906201, "relative_strength": -76.564678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.508261, "energy": 86.325974, "activity_lines": [ 2.387227, 2.882916, 5.223473, 6.74667 ] }, { "date": "2026-03-06", "close": 2.11, "volume": 19500, "typical_volume": 64409617.55, "trend": 8.03998, "fair_value": 26.369727, "relative_strength": -77.401721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.314477, "energy": 84.943765, "activity_lines": [ 2.294, 2.601673, 4.739876, 6.352222 ] }, { "date": "2026-03-13", "close": 2.8, "volume": 4942665, "typical_volume": 64494864.4, "trend": 7.839113, "fair_value": 25.910753, "relative_strength": -68.712938, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.055147, "energy": 62.958584, "activity_lines": [ 2.448667, 2.535702, 4.35826, 6.014158 ] }, { "date": "2026-03-20", "close": 2.59, "volume": 57314473, "typical_volume": 7796416.75, "trend": 7.606547, "fair_value": 25.660047, "relative_strength": -69.528964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.208835, "energy": 58.194234, "activity_lines": [ 2.502, 2.481731, 3.99341, 5.675506 ] }, { "date": "2026-03-27", "close": 1.75, "volume": 7977445, "typical_volume": 7087199.45, "trend": 7.33518, "fair_value": 25.38665, "relative_strength": -78.225045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.415517, "energy": 64.757427, "activity_lines": [ 2.268667, 2.340487, 3.601942, 5.297664 ] }, { "date": "2026-04-03", "close": 1.54, "volume": 802801, "typical_volume": 6644052.15, "trend": 7.076713, "fair_value": 25.113829, "relative_strength": -81.074507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.299118, "energy": 66.115726, "activity_lines": [ 2.012, 2.180698, 3.240154, 4.923782 ] }, { "date": "2026-04-10", "close": 1.37, "volume": 740399, "typical_volume": 6200729.6, "trend": 6.78128, "fair_value": 24.822612, "relative_strength": -83.371317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.674643, "energy": 74.828633, "activity_lines": [ 1.749333, 2.016364, 2.902171, 4.555606 ] }, { "date": "2026-04-17", "close": 1.56, "volume": 490022, "typical_volume": 5818313.85, "trend": 6.39538, "fair_value": 24.553765, "relative_strength": -81.61226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.084353, "energy": 87.328702, "activity_lines": [ 1.599333, 1.904909, 2.625789, 4.21875 ] }, { "date": "2026-04-24", "close": 1.67, "volume": 874066, "typical_volume": 5550533.1, "trend": 6.067747, "fair_value": 24.299086, "relative_strength": -80.162197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.515806, "energy": 86.093915, "activity_lines": [ 1.568667, 1.827455, 2.405396, 3.913886 ] }, { "date": "2026-05-01", "close": 1.55, "volume": 356912, "typical_volume": 5259646.95, "trend": 5.735513, "fair_value": 24.043637, "relative_strength": -81.290381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.910742, "energy": 82.574086, "activity_lines": [ 1.559333, 1.743091, 2.219123, 3.622419 ] }, { "date": "2026-05-08", "close": 2.53, "volume": 10923999, "typical_volume": 5200310.5, "trend": 5.440847, "fair_value": 23.804086, "relative_strength": -70.242157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.849211, "energy": 56.165156, "activity_lines": [ 1.89, 1.853273, 2.167573, 3.415612 ] }, { "date": "2026-05-15", "close": 1.285, "volume": 2845882, "typical_volume": 5057532.1, "trend": 5.15948, "fair_value": 23.546938, "relative_strength": -84.448807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.326179, "energy": 54.157881, "activity_lines": [ 1.739667, 1.732909, 2.023105, 3.147492 ] }, { "date": "2026-05-22", "close": 5.07, "volume": 236522265, "typical_volume": 16309558.05, "trend": 4.97778, "fair_value": 23.371746, "relative_strength": -38.708314, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 7.4904, "energy": 16.343738, "activity_lines": [ 2.856667, 2.315727, 2.266565, 3.14172 ] }, { "date": "2026-05-29", "close": 8.53, "volume": 79994891, "typical_volume": 20289225.65, "trend": 4.802113, "fair_value": 23.21681, "relative_strength": 0.768126, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.317556, "energy": 46.774103, "activity_lines": [ 4.893, 3.486364, 2.841882, 3.370895 ] }, { "date": "2026-06-05", "close": 5.63, "volume": 11106266, "typical_volume": 20760972.4, "trend": 4.58368, "fair_value": 23.0529, "relative_strength": -29.278621, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.733609, "energy": 38.060385, "activity_lines": [ 5.505333, 4.021727, 3.129866, 3.424307 ] }, { "date": "2026-06-12", "close": 4.29, "volume": 1979163, "typical_volume": 20855728.5, "trend": 4.39538, "fair_value": 22.874631, "relative_strength": -46.43206, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.185275, "energy": 38.479231, "activity_lines": [ 5.399, 4.242909, 3.276897, 3.40536 ] }, { "date": "2026-06-19", "close": 3.37, "volume": 1803250, "typical_volume": 20941977.9, "trend": 4.157513, "fair_value": 22.684695, "relative_strength": -58.262882, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.255731, "energy": 31.050091, "activity_lines": [ 4.868667, 4.246818, 3.330119, 3.339206 ] }, { "date": "2026-06-26", "close": 3.06, "volume": 1828080, "typical_volume": 21031083.3, "trend": 3.888913, "fair_value": 22.490849, "relative_strength": -59.598542, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 7.610584, "energy": 7.880495, "activity_lines": [ 4.096, 4.158, 3.349095, 3.268399 ] }, { "date": "2026-07-03", "close": 2.99, "volume": 8116594, "typical_volume": 21434875.0, "trend": 3.61408, "fair_value": 22.286938, "relative_strength": -60.086345, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.318832, "energy": 11.865975, "activity_lines": [ 3.434, 4.029182, 3.357929, 3.210405 ] }, { "date": "2026-07-10", "close": 2.61, "volume": 1131028, "typical_volume": 21489281.4, "trend": 3.35968, "fair_value": 22.044054, "relative_strength": -65.142222, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.968529, "energy": 17.826263, "activity_lines": [ 3.014667, 3.807273, 3.32819, 3.145625 ] }, { "date": "2026-07-17", "close": 2.46, "volume": 485742, "typical_volume": 21512772.15, "trend": 3.17778, "fair_value": 21.704054, "relative_strength": -64.971742, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.296696, "energy": 19.251601, "activity_lines": [ 2.746667, 3.538818, 3.283405, 3.087582 ] }, { "date": "2026-07-24", "close": 2.1, "volume": 967422, "typical_volume": 21560168.25, "trend": 3.01278, "fair_value": 21.463669, "relative_strength": -68.913304, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.324037, "energy": 16.579706, "activity_lines": [ 2.480667, 3.206182, 3.203571, 3.018047 ] }, { "date": "2026-07-31", "close": 1.44, "volume": 3920464, "typical_volume": 21509058.2, "trend": 2.875447, "fair_value": 21.219054, "relative_strength": -78.318467, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.195066, "energy": 26.313758, "activity_lines": [ 2.079333, 2.738727, 3.060929, 2.916578 ] }, { "date": "2026-08-07", "close": 1.52, "volume": 1863963, "typical_volume": 18736532.7, "trend": 2.71978, "fair_value": 21.005721, "relative_strength": -77.72497, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.56073, "energy": 31.305084, "activity_lines": [ 1.812667, 2.351818, 2.932381, 2.829129 ] } ], "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." } } }