{ "ticker": { "uuid": "63dec450-7eb7-48b5-83ee-c73216d30324", "symbol": "NOVU", "name": "Novus Group International AB", "exchange": "STO", "country": "SE", "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": "^OMX", "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": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.464, "architecture_energy": 33.008, "architecture_maturity": 25.54, "architecture_confidence": 94.695, "architecture_tenure": "New", "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": 22.21, "rotation_up": 20.63, "upward_expansion": 3.38, "deceleration": 53.19, "rotation_down": 49.64, "downward_expansion": 76.71 }, "activity_lines": [ 2.988, 3.014909, 3.169333, 3.272215 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 2.9, "trend_reference": 3.365333, "distance_from_trend": -0.138273, "trend_direction": "Weakening", "fair_value": 3.236795, "distance_from_fair_value": -0.104052, "fair_value_direction": "Weakening", "relative_strength": -21.147708, "relative_strength_direction": "Weakening", "price_momentum": -0.070513, "excess_performance": -0.132007, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.138273, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.002963, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.104052, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.18772, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.211477, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.199991, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.070513, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.608626, "read": "Supply-led" } ], "volume": { "latest": 17060, "relative_activity": 0.550529, "balance": 0.608626, "dry_up": 1.209285, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.15809, "annualized_volatility": 0.808712, "from_high_reference": -0.486726, "from_low_reference": 0.188525 }, "levels": { "trend_reference": 3.365333, "fair_value_reference": 3.236795, "structural_low": 2.44, "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": 27, "median_return": 0.0, "positive_rate": 0.481481, "directional_follow_through": 0.481481, "median_excess_return": -0.017238, "regime_survival": 0.740741, "best_return": 0.305785, "worst_return": -0.135217, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.123188, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": 0.039464, "regime_survival": 0.363636, "best_return": 0.363636, "worst_return": -0.246305, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.024845, "positive_rate": 0.857143, "directional_follow_through": 0.142857, "median_excess_return": -0.061212, "regime_survival": 0.428571, "best_return": 0.125, "worst_return": -0.248845, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.122806, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.200625, "regime_survival": 0.75, "best_return": 0.363636, "worst_return": -0.246088, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-03-28", "tenure": "Developing", "return": 0.123188, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-05-09", "tenure": "Developing", "return": -0.135484, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-06-06", "tenure": "New", "return": 0.371901, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.183544, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.117647, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-11-07", "tenure": "Developing", "return": -0.018072, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": -0.019737, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-01-16", "tenure": "Developing", "return": 0.186207, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": -0.098266, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-02-20", "tenure": "New", "return": 0.065359, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.345992, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-06-12", "tenure": "Developing", "return": -0.075, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-19", "end": "2026-07-10", "tenure": "New", "return": -0.056604, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.98, "volume": 43, "typical_volume": 9422.8, "trend": 4.207509, "fair_value": 4.673872, "relative_strength": -7.407914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.744051, "energy": 41.040443, "activity_lines": [ 3.992, 4.060727, 4.161794, 4.184769 ] }, { "date": "2023-08-25", "close": 3.78, "volume": 18638, "typical_volume": 10189.9, "trend": 4.203319, "fair_value": 4.681261, "relative_strength": -11.079617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.338651, "energy": 41.783556, "activity_lines": [ 3.921333, 3.992364, 4.117457, 4.157188 ] }, { "date": "2023-09-01", "close": 3.96, "volume": 6052, "typical_volume": 10434.65, "trend": 4.165437, "fair_value": 4.688177, "relative_strength": -7.568932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.102003, "energy": 34.698533, "activity_lines": [ 3.932, 3.977091, 4.092676, 4.14149 ] }, { "date": "2023-09-08", "close": 3.8, "volume": 2880, "typical_volume": 10520.05, "trend": 4.142862, "fair_value": 4.695113, "relative_strength": -10.139005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.927101, "energy": 39.596736, "activity_lines": [ 3.878667, 3.933091, 4.054667, 4.117913 ] }, { "date": "2023-09-15", "close": 3.8, "volume": 17390, "typical_volume": 10757.05, "trend": 4.138069, "fair_value": 4.701584, "relative_strength": -10.380691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.825005, "energy": 45.557088, "activity_lines": [ 3.841333, 3.897455, 4.019429, 4.095793 ] }, { "date": "2023-09-22", "close": 3.8, "volume": 127, "typical_volume": 10359.6, "trend": 4.137722, "fair_value": 4.70852, "relative_strength": -8.860083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.158683, "energy": 48.573708, "activity_lines": [ 3.82, 3.870545, 3.991333, 4.073982 ] }, { "date": "2023-09-29", "close": 3.24, "volume": 52649, "typical_volume": 12565.8, "trend": 4.112357, "fair_value": 4.711866, "relative_strength": -21.310977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.470604, "energy": 73.677155, "activity_lines": [ 3.624, 3.748727, 3.912762, 4.016064 ] }, { "date": "2023-10-06", "close": 3.22, "volume": 4759, "typical_volume": 12586.0, "trend": 4.079975, "fair_value": 4.714735, "relative_strength": -21.288488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.148667, "energy": 80.260414, "activity_lines": [ 3.457333, 3.638909, 3.836, 3.958493 ] }, { "date": "2023-10-13", "close": 3.5, "volume": 14862, "typical_volume": 13221.4, "trend": 4.067087, "fair_value": 4.719748, "relative_strength": -15.220358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.558399, "energy": 75.033956, "activity_lines": [ 3.433333, 3.590545, 3.789619, 3.921075 ] }, { "date": "2023-10-20", "close": 4.02, "volume": 17673, "typical_volume": 13473.45, "trend": 4.068357, "fair_value": 4.726701, "relative_strength": 2.821116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.240709, "energy": 47.622792, "activity_lines": [ 3.602667, 3.646545, 3.795143, 3.918037 ] }, { "date": "2023-10-27", "close": 3.24, "volume": 215, "typical_volume": 13220.95, "trend": 4.042357, "fair_value": 4.729814, "relative_strength": -15.352353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.753542, "energy": 47.530535, "activity_lines": [ 3.497333, 3.561091, 3.727619, 3.864595 ] }, { "date": "2023-11-03", "close": 3.46, "volume": 5996, "typical_volume": 12475.7, "trend": 4.014799, "fair_value": 4.733874, "relative_strength": -12.276866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.909428, "energy": 35.998463, "activity_lines": [ 3.502667, 3.529091, 3.686095, 3.827024 ] }, { "date": "2023-11-10", "close": 3.5, "volume": 13892, "typical_volume": 11815.4, "trend": 3.9854, "fair_value": 4.737841, "relative_strength": -10.239765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.511386, "energy": 31.357269, "activity_lines": [ 3.506667, 3.510182, 3.655238, 3.793811 ] }, { "date": "2023-11-17", "close": 4.06, "volume": 2603, "typical_volume": 11514.4, "trend": 3.974667, "fair_value": 4.745166, "relative_strength": 0.531155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.017622, "energy": 15.151753, "activity_lines": [ 3.678667, 3.601455, 3.68, 3.798624 ] }, { "date": "2023-11-24", "close": 3.5, "volume": 6824, "typical_volume": 11814.85, "trend": 3.914667, "fair_value": 4.748785, "relative_strength": -14.356368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.089726, "energy": 17.819411, "activity_lines": [ 3.626667, 3.586182, 3.652381, 3.768 ] }, { "date": "2023-12-01", "close": 3.26, "volume": 27115, "typical_volume": 13036.1, "trend": 3.876667, "fair_value": 4.751562, "relative_strength": -20.572203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.939762, "energy": 27.626763, "activity_lines": [ 3.529333, 3.532727, 3.605619, 3.725763 ] }, { "date": "2023-12-08", "close": 3.48, "volume": 19315, "typical_volume": 13704.0, "trend": 3.858667, "fair_value": 4.751336, "relative_strength": -17.295375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.246249, "energy": 22.838853, "activity_lines": [ 3.504, 3.529091, 3.58419, 3.700172 ] }, { "date": "2023-12-15", "close": 3.08, "volume": 36517, "typical_volume": 12492.35, "trend": 3.828, "fair_value": 4.747036, "relative_strength": -28.671741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.905673, "energy": 46.012709, "activity_lines": [ 3.344, 3.448364, 3.527619, 3.649935 ] }, { "date": "2023-12-22", "close": 3.24, "volume": 14055, "typical_volume": 13110.2, "trend": 3.802667, "fair_value": 4.742832, "relative_strength": -24.10152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.098459, "energy": 46.261736, "activity_lines": [ 3.265333, 3.399273, 3.489714, 3.612 ] }, { "date": "2023-12-29", "close": 3.2, "volume": 8320, "typical_volume": 13496.25, "trend": 3.766667, "fair_value": 4.738372, "relative_strength": -25.281783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.909153, "energy": 50.730224, "activity_lines": [ 3.228, 3.347636, 3.45181, 3.573118 ] }, { "date": "2024-01-05", "close": 3.52, "volume": 37666, "typical_volume": 15377.4, "trend": 3.740667, "fair_value": 4.736079, "relative_strength": -15.110515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.726901, "energy": 35.643159, "activity_lines": [ 3.317333, 3.369091, 3.448381, 3.557204 ] }, { "date": "2024-01-12", "close": 2.94, "volume": 33658, "typical_volume": 16128.4, "trend": 3.675333, "fair_value": 4.730533, "relative_strength": -29.208868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.241282, "energy": 36.764042, "activity_lines": [ 3.196, 3.28, 3.391905, 3.505548 ] }, { "date": "2024-01-19", "close": 3.26, "volume": 15217, "typical_volume": 16586.65, "trend": 3.651333, "fair_value": 4.725993, "relative_strength": -19.152542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.081615, "energy": 29.468177, "activity_lines": [ 3.217333, 3.258545, 3.369905, 3.478753 ] }, { "date": "2024-01-26", "close": 3.24, "volume": 2533, "typical_volume": 16569.3, "trend": 3.617333, "fair_value": 4.721092, "relative_strength": -21.743425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.348022, "energy": 27.760603, "activity_lines": [ 3.22, 3.237818, 3.349333, 3.452215 ] }, { "date": "2024-02-02", "close": 3.24, "volume": 28284, "typical_volume": 17114.0, "trend": 3.582667, "fair_value": 4.715842, "relative_strength": -20.927328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.251425, "energy": 27.146638, "activity_lines": [ 3.222667, 3.232, 3.331429, 3.427871 ] }, { "date": "2024-02-09", "close": 3.2, "volume": 500, "typical_volume": 17132.65, "trend": 3.55, "fair_value": 4.710221, "relative_strength": -20.796273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.786578, "energy": 22.977481, "activity_lines": [ 3.209333, 3.223636, 3.312381, 3.403183 ] }, { "date": "2024-02-16", "close": 3.06, "volume": 6318, "typical_volume": 14816.1, "trend": 3.515333, "fair_value": 4.705908, "relative_strength": -25.635667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.111965, "energy": 28.134741, "activity_lines": [ 3.170667, 3.190909, 3.282857, 3.37157 ] }, { "date": "2024-02-23", "close": 2.94, "volume": 4787, "typical_volume": 14817.5, "trend": 3.486667, "fair_value": 4.699781, "relative_strength": -28.914234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.497447, "energy": 38.382328, "activity_lines": [ 3.084, 3.144, 3.242762, 3.334452 ] }, { "date": "2024-03-01", "close": 2.92, "volume": 15319, "typical_volume": 14840.35, "trend": 3.449333, "fair_value": 4.694688, "relative_strength": -29.675047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.322149, "energy": 53.305738, "activity_lines": [ 3.012, 3.096, 3.202095, 3.297892 ] }, { "date": "2024-03-08", "close": 3.16, "volume": 18040, "typical_volume": 14858.7, "trend": 3.42, "fair_value": 4.690552, "relative_strength": -24.141647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.587712, "energy": 40.702867, "activity_lines": [ 3.041333, 3.097455, 3.187048, 3.279226 ] }, { "date": "2024-03-15", "close": 3.06, "volume": 48915, "typical_volume": 17293.7, "trend": 3.389333, "fair_value": 4.686588, "relative_strength": -27.328075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.310678, "energy": 33.114552, "activity_lines": [ 3.042667, 3.081455, 3.166571, 3.256 ] }, { "date": "2024-03-22", "close": 3.52, "volume": 27507, "typical_volume": 18369.25, "trend": 3.380667, "fair_value": 4.686386, "relative_strength": -15.923051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.756461, "energy": 8.834846, "activity_lines": [ 3.206667, 3.157455, 3.190762, 3.26443 ] }, { "date": "2024-03-29", "close": 3.34, "volume": 2390, "typical_volume": 17794.15, "trend": 3.36, "fair_value": 4.675854, "relative_strength": -19.260835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.746548, "energy": 13.826529, "activity_lines": [ 3.28, 3.190182, 3.197524, 3.261806 ] }, { "date": "2024-04-05", "close": 3.3, "volume": 4229, "typical_volume": 17875.45, "trend": 3.343333, "fair_value": 4.66855, "relative_strength": -19.188909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.81605, "energy": 11.930154, "activity_lines": [ 3.313333, 3.214182, 3.201238, 3.257935 ] }, { "date": "2024-04-12", "close": 3.16, "volume": 14370, "typical_volume": 18252.75, "trend": 3.322, "fair_value": 4.659187, "relative_strength": -22.052702, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.852706, "energy": 12.212613, "activity_lines": [ 3.274667, 3.211636, 3.195238, 3.246108 ] }, { "date": "2024-04-19", "close": 2.92, "volume": 24601, "typical_volume": 18127.05, "trend": 3.292667, "fair_value": 4.648983, "relative_strength": -27.152244, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.024842, "energy": 19.379709, "activity_lines": [ 3.156, 3.166909, 3.168, 3.220172 ] }, { "date": "2024-04-26", "close": 3.28, "volume": 47870, "typical_volume": 19554.8, "trend": 3.294, "fair_value": 4.639556, "relative_strength": -18.92717, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.811223, "energy": 11.704356, "activity_lines": [ 3.166667, 3.192727, 3.176667, 3.219355 ] }, { "date": "2024-05-03", "close": 3.24, "volume": 8921, "typical_volume": 18175.0, "trend": 3.294667, "fair_value": 4.631706, "relative_strength": -18.679833, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.103593, "energy": 12.422295, "activity_lines": [ 3.18, 3.207273, 3.182476, 3.215871 ] }, { "date": "2024-05-10", "close": 3.24, "volume": 0, "typical_volume": 17472.25, "trend": 3.286, "fair_value": 4.616996, "relative_strength": -20.848341, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.094741, "energy": 10.760337, "activity_lines": [ 3.2, 3.216364, 3.187524, 3.212344 ] }, { "date": "2024-05-17", "close": 2.7, "volume": 3443, "typical_volume": 17228.4, "trend": 3.242, "fair_value": 4.597643, "relative_strength": -32.80025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.963467, "energy": 27.845076, "activity_lines": [ 3.044, 3.121455, 3.141143, 3.174538 ] }, { "date": "2024-05-24", "close": 2.82, "volume": 6289, "typical_volume": 15659.55, "trend": 3.228, "fair_value": 4.579946, "relative_strength": -29.810325, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.085722, "energy": 34.800851, "activity_lines": [ 2.958667, 3.056727, 3.108571, 3.147312 ] }, { "date": "2024-05-31", "close": 3.14, "volume": 4007, "typical_volume": 14177.0, "trend": 3.217333, "fair_value": 4.569622, "relative_strength": -20.5736, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.504845, "energy": 29.832137, "activity_lines": [ 2.986667, 3.054545, 3.10981, 3.141634 ] }, { "date": "2024-06-07", "close": 3.28, "volume": 1684, "typical_volume": 13500.35, "trend": 3.21, "fair_value": 4.560786, "relative_strength": -16.999121, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.294706, "energy": 21.225825, "activity_lines": [ 3.070667, 3.084727, 3.123429, 3.145677 ] }, { "date": "2024-06-14", "close": 3.18, "volume": 1603, "typical_volume": 13453.85, "trend": 3.180667, "fair_value": 4.551605, "relative_strength": -16.658404, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.941916, "energy": 9.537306, "activity_lines": [ 3.118667, 3.097818, 3.127429, 3.143742 ] }, { "date": "2024-06-21", "close": 3.2, "volume": 3000, "typical_volume": 12189.65, "trend": 3.170667, "fair_value": 4.537527, "relative_strength": -15.947938, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.011394, "energy": 7.160241, "activity_lines": [ 3.177333, 3.116727, 3.133619, 3.144989 ] }, { "date": "2024-06-28", "close": 3.54, "volume": 11676, "typical_volume": 12748.45, "trend": 3.18, "fair_value": 4.52888, "relative_strength": -6.292747, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.090345, "energy": 26.35587, "activity_lines": [ 3.316, 3.196727, 3.172381, 3.168817 ] }, { "date": "2024-07-05", "close": 2.98, "volume": 4928, "typical_volume": 12678.95, "trend": 3.163333, "fair_value": 4.51546, "relative_strength": -19.943158, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.416966, "energy": 8.916362, "activity_lines": [ 3.22, 3.163636, 3.15619, 3.155914 ] }, { "date": "2024-07-12", "close": 3.5, "volume": 19567, "typical_volume": 13417.95, "trend": 3.177333, "fair_value": 4.504192, "relative_strength": -7.978576, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.780093, "energy": 37.837317, "activity_lines": [ 3.308, 3.230545, 3.189905, 3.177634 ] }, { "date": "2024-07-19", "close": 3.0, "volume": 20258, "typical_volume": 13664.9, "trend": 3.169333, "fair_value": 4.492674, "relative_strength": -18.554356, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.850731, "energy": 6.17198, "activity_lines": [ 3.214667, 3.201818, 3.173333, 3.166194 ] }, { "date": "2024-07-26", "close": 2.96, "volume": 20253, "typical_volume": 13775.55, "trend": 3.161333, "fair_value": 4.476762, "relative_strength": -19.31055, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.478206, "energy": 13.685271, "activity_lines": [ 3.12, 3.170182, 3.152571, 3.152688 ] }, { "date": "2024-08-02", "close": 3.02, "volume": 1105, "typical_volume": 11385.05, "trend": 3.144667, "fair_value": 4.463303, "relative_strength": -13.237134, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.805833, "energy": 17.661219, "activity_lines": [ 3.061333, 3.144727, 3.138476, 3.14357 ] }, { "date": "2024-08-09", "close": 2.9, "volume": 26754, "typical_volume": 11347.4, "trend": 3.143333, "fair_value": 4.448188, "relative_strength": -15.647771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.047889, "energy": 38.010584, "activity_lines": [ 2.997333, 3.093818, 3.113143, 3.127785 ] }, { "date": "2024-08-16", "close": 3.0, "volume": 16666, "typical_volume": 12061.2, "trend": 3.134667, "fair_value": 4.434306, "relative_strength": -14.517142, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.180346, "energy": 45.247784, "activity_lines": [ 2.972, 3.065455, 3.100286, 3.118538 ] }, { "date": "2024-08-23", "close": 2.86, "volume": 6050, "typical_volume": 12152.25, "trend": 3.122, "fair_value": 4.4145, "relative_strength": -18.614861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.696607, "energy": 50.634081, "activity_lines": [ 2.933333, 3.016727, 3.075714, 3.100817 ] }, { "date": "2024-08-30", "close": 3.0, "volume": 2559, "typical_volume": 11561.7, "trend": 3.114, "fair_value": 4.396182, "relative_strength": -15.05747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.202913, "energy": 39.002092, "activity_lines": [ 2.950667, 2.999273, 3.066571, 3.092946 ] }, { "date": "2024-09-06", "close": 3.48, "volume": 2777, "typical_volume": 10470.5, "trend": 3.123333, "fair_value": 4.380055, "relative_strength": 3.602267, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 9.823933, "energy": 6.857989, "activity_lines": [ 3.125333, 3.072727, 3.103905, 3.116559 ] }, { "date": "2024-09-13", "close": 2.98, "volume": 9985, "typical_volume": 8576.25, "trend": 3.120667, "fair_value": 4.361609, "relative_strength": -12.148152, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.132561, "energy": 15.940296, "activity_lines": [ 3.102667, 3.056364, 3.090952, 3.107312 ] }, { "date": "2024-09-20", "close": 3.52, "volume": 2284, "typical_volume": 8244.4, "trend": 3.14, "fair_value": 4.347808, "relative_strength": 2.169766, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 23.597025, "energy": 21.382506, "activity_lines": [ 3.254667, 3.138182, 3.130857, 3.133075 ] }, { "date": "2024-09-27", "close": 3.58, "volume": 7018, "typical_volume": 8595.3, "trend": 3.162, "fair_value": 4.334391, "relative_strength": 1.752406, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.07324, "energy": 36.444374, "activity_lines": [ 3.392, 3.230545, 3.175143, 3.161462 ] }, { "date": "2024-10-04", "close": 3.76, "volume": 2006, "typical_volume": 8523.45, "trend": 3.182, "fair_value": 4.317102, "relative_strength": 8.411146, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.897033, "energy": 63.753595, "activity_lines": [ 3.541333, 3.345091, 3.234952, 3.200043 ] }, { "date": "2024-10-11", "close": 3.52, "volume": 23853, "typical_volume": 9401.65, "trend": 3.197333, "fair_value": 4.298275, "relative_strength": 2.435288, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.698499, "energy": 61.341182, "activity_lines": [ 3.56, 3.401455, 3.266857, 3.221849 ] }, { "date": "2024-10-18", "close": 3.48, "volume": 1084, "typical_volume": 9255.5, "trend": 3.196, "fair_value": 4.281852, "relative_strength": 1.929794, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.492632, "energy": 55.668682, "activity_lines": [ 3.562667, 3.441455, 3.291619, 3.240086 ] }, { "date": "2024-10-25", "close": 3.34, "volume": 8571, "typical_volume": 9599.85, "trend": 3.196, "fair_value": 4.26394, "relative_strength": -1.674588, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.297877, "energy": 31.391424, "activity_lines": [ 3.485333, 3.445455, 3.301429, 3.249376 ] }, { "date": "2024-11-01", "close": 3.82, "volume": 15453, "typical_volume": 10292.35, "trend": 3.213333, "fair_value": 4.247036, "relative_strength": 14.220881, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.471719, "energy": 33.892955, "activity_lines": [ 3.58, 3.530545, 3.356667, 3.289634 ] }, { "date": "2024-11-08", "close": 3.2, "volume": 7871, "typical_volume": 10535.9, "trend": 3.214667, "fair_value": 4.228818, "relative_strength": -3.803055, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.096261, "energy": 15.782206, "activity_lines": [ 3.452, 3.485455, 3.34981, 3.288774 ] }, { "date": "2024-11-15", "close": 3.0, "volume": 17038, "typical_volume": 10804.0, "trend": 3.217333, "fair_value": 4.206066, "relative_strength": -7.169537, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 13.7872, "energy": 10.337369, "activity_lines": [ 3.294667, 3.400364, 3.323905, 3.274925 ] }, { "date": "2024-11-22", "close": 3.3, "volume": 14919, "typical_volume": 11303.55, "trend": 3.218, "fair_value": 4.186124, "relative_strength": 2.339952, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.9363, "energy": 13.158809, "activity_lines": [ 3.272, 3.378545, 3.329143, 3.280258 ] }, { "date": "2024-11-29", "close": 3.22, "volume": 11508, "typical_volume": 10900.6, "trend": 3.217333, "fair_value": 4.168034, "relative_strength": 0.120889, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.486701, "energy": 16.030763, "activity_lines": [ 3.234667, 3.336364, 3.325238, 3.280387 ] }, { "date": "2024-12-06", "close": 3.12, "volume": 2861, "typical_volume": 10030.75, "trend": 3.213333, "fair_value": 4.148416, "relative_strength": -6.276627, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.822363, "energy": 13.462314, "activity_lines": [ 3.172, 3.281455, 3.313143, 3.274108 ] }, { "date": "2024-12-13", "close": 3.0, "volume": 37885, "typical_volume": 10912.35, "trend": 3.223333, "fair_value": 4.129803, "relative_strength": -7.675927, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.429931, "energy": 19.079725, "activity_lines": [ 3.116, 3.213091, 3.289048, 3.260344 ] }, { "date": "2024-12-20", "close": 3.0, "volume": 11098, "typical_volume": 11412.0, "trend": 3.229333, "fair_value": 4.110895, "relative_strength": -4.410237, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.593091, "energy": 25.466626, "activity_lines": [ 3.073333, 3.158545, 3.264762, 3.245935 ] }, { "date": "2024-12-27", "close": 3.0, "volume": 0, "typical_volume": 10074.3, "trend": 3.224667, "fair_value": 4.091691, "relative_strength": -4.819684, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.773869, "energy": 30.599005, "activity_lines": [ 3.030667, 3.113455, 3.240571, 3.23114 ] }, { "date": "2025-01-03", "close": 2.9, "volume": 1654, "typical_volume": 9323.7, "trend": 3.212, "fair_value": 4.068889, "relative_strength": -8.281115, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.29213, "energy": 47.217856, "activity_lines": [ 2.974667, 3.058909, 3.206381, 3.210194 ] }, { "date": "2025-01-10", "close": 2.76, "volume": 2975, "typical_volume": 9169.95, "trend": 3.198, "fair_value": 4.047555, "relative_strength": -12.929515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.901238, "energy": 49.653559, "activity_lines": [ 2.893333, 2.986909, 3.159333, 3.181032 ] }, { "date": "2025-01-17", "close": 2.86, "volume": 7552, "typical_volume": 9419.6, "trend": 3.186667, "fair_value": 4.028636, "relative_strength": -12.567684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.540926, "energy": 42.89683, "activity_lines": [ 2.869333, 2.952364, 3.122286, 3.159226 ] }, { "date": "2025-01-24", "close": 2.94, "volume": 3769, "typical_volume": 9469.2, "trend": 3.166667, "fair_value": 4.011412, "relative_strength": -11.521556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.370142, "energy": 33.558315, "activity_lines": [ 2.881333, 2.938545, 3.093524, 3.143312 ] }, { "date": "2025-01-31", "close": 3.0, "volume": 8956, "typical_volume": 9417.75, "trend": 3.167333, "fair_value": 3.991321, "relative_strength": -9.400392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.809021, "energy": 26.715238, "activity_lines": [ 2.917333, 2.936727, 3.073048, 3.132559 ] }, { "date": "2025-02-07", "close": 3.0, "volume": 15005, "typical_volume": 10053.8, "trend": 3.150667, "fair_value": 3.973003, "relative_strength": -8.024685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.272279, "energy": 18.84638, "activity_lines": [ 2.953333, 2.940364, 3.052476, 3.121763 ] }, { "date": "2025-02-14", "close": 3.0, "volume": 33887, "typical_volume": 11397.25, "trend": 3.150667, "fair_value": 3.956756, "relative_strength": -10.407439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.746695, "energy": 15.170987, "activity_lines": [ 2.982667, 2.948, 3.034381, 3.112043 ] }, { "date": "2025-02-21", "close": 2.96, "volume": 6200, "typical_volume": 11606.95, "trend": 3.150667, "fair_value": 3.940252, "relative_strength": -11.671638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.192727, "energy": 14.524117, "activity_lines": [ 2.982667, 2.950545, 3.015238, 3.099742 ] }, { "date": "2025-02-28", "close": 3.04, "volume": 2150, "typical_volume": 10521.8, "trend": 3.151333, "fair_value": 3.928991, "relative_strength": -9.198878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.520215, "energy": 13.009364, "activity_lines": [ 3.002667, 2.968364, 3.007524, 3.092602 ] }, { "date": "2025-03-07", "close": 2.86, "volume": 6727, "typical_volume": 10803.95, "trend": 3.15, "fair_value": 3.915689, "relative_strength": -14.418638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.807644, "energy": 16.821059, "activity_lines": [ 2.956, 2.952727, 2.984952, 3.073806 ] }, { "date": "2025-03-14", "close": 2.98, "volume": 18145, "typical_volume": 11282.65, "trend": 3.149333, "fair_value": 3.90227, "relative_strength": -9.132858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.530408, "energy": 18.040525, "activity_lines": [ 2.958667, 2.961455, 2.976762, 3.062839 ] }, { "date": "2025-03-21", "close": 2.68, "volume": 1, "typical_volume": 10510.05, "trend": 3.143333, "fair_value": 3.887519, "relative_strength": -16.14515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.639254, "energy": 26.87594, "activity_lines": [ 2.862667, 2.914182, 2.941714, 3.032559 ] }, { "date": "2025-03-28", "close": 3.1, "volume": 308, "typical_volume": 10131.9, "trend": 3.146667, "fair_value": 3.873686, "relative_strength": 0.473562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.467759, "energy": 18.041461, "activity_lines": [ 2.928, 2.944727, 2.952095, 3.029763 ] }, { "date": "2025-04-04", "close": 3.1, "volume": 3805, "typical_volume": 9470.25, "trend": 3.134, "fair_value": 3.857192, "relative_strength": 11.627049, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.368321, "energy": 6.791925, "activity_lines": [ 2.984, 2.970909, 2.962952, 3.026753 ] }, { "date": "2025-04-11", "close": 3.1, "volume": 16952, "typical_volume": 9571.9, "trend": 3.138, "fair_value": 3.843951, "relative_strength": 11.921167, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.504121, "energy": 6.51099, "activity_lines": [ 3.036, 2.994182, 2.973333, 3.024559 ] }, { "date": "2025-04-18", "close": 3.0, "volume": 13477, "typical_volume": 9670.35, "trend": 3.120667, "fair_value": 3.83066, "relative_strength": 4.54911, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.483317, "energy": 9.710386, "activity_lines": [ 3.038667, 2.997455, 2.975143, 3.015656 ] }, { "date": "2025-04-25", "close": 2.82, "volume": 3109, "typical_volume": 9682.75, "trend": 3.095333, "fair_value": 3.816067, "relative_strength": -4.432916, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.910004, "energy": 9.920772, "activity_lines": [ 2.98, 2.968, 2.960857, 2.996258 ] }, { "date": "2025-05-02", "close": 2.7, "volume": 10566, "typical_volume": 8316.8, "trend": 3.06, "fair_value": 3.801926, "relative_strength": -9.56506, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.276051, "energy": 29.013631, "activity_lines": [ 2.872, 2.92, 2.936571, 2.970753 ] }, { "date": "2025-05-09", "close": 2.68, "volume": 26260, "typical_volume": 9074.9, "trend": 3.032, "fair_value": 3.785215, "relative_strength": -9.538674, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.169708, "energy": 39.428339, "activity_lines": [ 2.784, 2.873091, 2.91181, 2.946237 ] }, { "date": "2025-05-16", "close": 2.42, "volume": 23570, "typical_volume": 10253.4, "trend": 2.996667, "fair_value": 3.763479, "relative_strength": -21.259253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.041358, "energy": 56.156831, "activity_lines": [ 2.637333, 2.785455, 2.86381, 2.906753 ] }, { "date": "2025-05-23", "close": 2.62, "volume": 3422, "typical_volume": 10341.8, "trend": 2.972667, "fair_value": 3.744551, "relative_strength": -12.510044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.149379, "energy": 53.209389, "activity_lines": [ 2.602667, 2.742182, 2.837619, 2.882452 ] }, { "date": "2025-05-30", "close": 2.8, "volume": 64602, "typical_volume": 13423.15, "trend": 2.938667, "fair_value": 3.728303, "relative_strength": -6.992195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.63454, "energy": 40.96218, "activity_lines": [ 2.653333, 2.738182, 2.829905, 2.871312 ] }, { "date": "2025-06-06", "close": 3.32, "volume": 54851, "typical_volume": 15788.1, "trend": 2.942667, "fair_value": 3.713252, "relative_strength": 9.051143, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.360918, "energy": 6.33791, "activity_lines": [ 2.878667, 2.826545, 2.871524, 2.895914 ] }, { "date": "2025-06-13", "close": 3.16, "volume": 17609, "typical_volume": 16480.1, "trend": 2.948, "fair_value": 3.698091, "relative_strength": 6.334434, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.298019, "energy": 10.834198, "activity_lines": [ 3.009333, 2.881818, 2.895714, 2.909935 ] }, { "date": "2025-06-20", "close": 2.82, "volume": 8469, "typical_volume": 16455.75, "trend": 2.932, "fair_value": 3.681056, "relative_strength": -4.484788, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.273333, "energy": 12.021664, "activity_lines": [ 2.994667, 2.874182, 2.886476, 2.901677 ] }, { "date": "2025-06-27", "close": 3.58, "volume": 41476, "typical_volume": 17779.3, "trend": 2.944, "fair_value": 3.667366, "relative_strength": 18.305133, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.821531, "energy": 29.156813, "activity_lines": [ 3.206667, 3.009818, 2.950476, 2.943484 ] }, { "date": "2025-07-04", "close": 3.74, "volume": 8601, "typical_volume": 16515.0, "trend": 2.964667, "fair_value": 3.649816, "relative_strength": 22.648909, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.695898, "energy": 59.26364, "activity_lines": [ 3.408, 3.164, 3.026952, 2.994839 ] }, { "date": "2025-07-11", "close": 3.74, "volume": 19498, "typical_volume": 17179.9, "trend": 2.989333, "fair_value": 3.637152, "relative_strength": 20.81558, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.656785, "energy": 62.922457, "activity_lines": [ 3.546667, 3.301455, 3.099905, 3.04486 ] }, { "date": "2025-07-18", "close": 3.74, "volume": 4594, "typical_volume": 17302.1, "trend": 3.014, "fair_value": 3.621434, "relative_strength": 20.16443, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.983577, "energy": 68.238214, "activity_lines": [ 3.657333, 3.42, 3.169143, 3.09329 ] }, { "date": "2025-07-25", "close": 3.5, "volume": 11862, "typical_volume": 17558.85, "trend": 3.030667, "fair_value": 3.608147, "relative_strength": 9.544742, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.349632, "energy": 58.719843, "activity_lines": [ 3.649333, 3.475636, 3.21219, 3.124645 ] }, { "date": "2025-08-01", "close": 3.3, "volume": 2946, "typical_volume": 16798.9, "trend": 3.044, "fair_value": 3.589915, "relative_strength": 6.119557, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.578575, "energy": 34.858068, "activity_lines": [ 3.529333, 3.475273, 3.233143, 3.142022 ] }, { "date": "2025-08-08", "close": 3.64, "volume": 30294, "typical_volume": 18313.55, "trend": 3.073333, "fair_value": 3.576609, "relative_strength": 13.54335, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.066527, "energy": 32.457797, "activity_lines": [ 3.541333, 3.524364, 3.284952, 3.180473 ] }, { "date": "2025-08-15", "close": 3.3, "volume": 15333, "typical_volume": 19064.8, "trend": 3.088, "fair_value": 3.562346, "relative_strength": 1.363859, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.385971, "energy": 19.592525, "activity_lines": [ 3.446667, 3.496364, 3.29981, 3.195097 ] }, { "date": "2025-08-22", "close": 3.32, "volume": 21892, "typical_volume": 19969.15, "trend": 3.100667, "fair_value": 3.545462, "relative_strength": -0.048995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.311949, "energy": 17.140336, "activity_lines": [ 3.388, 3.472364, 3.315619, 3.210065 ] }, { "date": "2025-08-29", "close": 3.04, "volume": 29074, "typical_volume": 20575.25, "trend": 3.102, "fair_value": 3.530448, "relative_strength": -6.263138, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.995543, "energy": 13.120833, "activity_lines": [ 3.264, 3.394545, 3.303714, 3.206151 ] }, { "date": "2025-09-05", "close": 3.22, "volume": 15517, "typical_volume": 20677.25, "trend": 3.109333, "fair_value": 3.518725, "relative_strength": -0.47492, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.950276, "energy": 17.189444, "activity_lines": [ 3.230667, 3.345455, 3.309238, 3.213763 ] }, { "date": "2025-09-12", "close": 3.2, "volume": 1450, "typical_volume": 20594.3, "trend": 3.116, "fair_value": 3.511148, "relative_strength": -1.471406, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.285537, "energy": 13.44365, "activity_lines": [ 3.196, 3.299273, 3.31181, 3.219613 ] }, { "date": "2025-09-19", "close": 3.06, "volume": 29858, "typical_volume": 21558.9, "trend": 3.119333, "fair_value": 3.506338, "relative_strength": -5.869887, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.129167, "energy": 12.67354, "activity_lines": [ 3.144, 3.237455, 3.299238, 3.216 ] }, { "date": "2025-09-26", "close": 3.18, "volume": 60205, "typical_volume": 23256.15, "trend": 3.124, "fair_value": 3.500098, "relative_strength": -1.876261, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.381647, "energy": 12.837616, "activity_lines": [ 3.148, 3.209818, 3.296381, 3.219914 ] }, { "date": "2025-10-03", "close": 3.06, "volume": 10016, "typical_volume": 22578.45, "trend": 3.130667, "fair_value": 3.495288, "relative_strength": -8.031706, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.972691, "energy": 20.521173, "activity_lines": [ 3.121333, 3.170545, 3.279714, 3.215785 ] }, { "date": "2025-10-10", "close": 3.3, "volume": 26841, "typical_volume": 23749.4, "trend": 3.141333, "fair_value": 3.488596, "relative_strength": 0.190663, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 12.706351, "energy": 12.005511, "activity_lines": [ 3.173333, 3.182909, 3.282857, 3.22671 ] }, { "date": "2025-10-17", "close": 3.26, "volume": 2540, "typical_volume": 20646.3, "trend": 3.160667, "fair_value": 3.483724, "relative_strength": -0.588713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.968856, "energy": 10.390035, "activity_lines": [ 3.206667, 3.188, 3.278952, 3.234366 ] }, { "date": "2025-10-24", "close": 3.24, "volume": 31464, "typical_volume": 19476.95, "trend": 3.165333, "fair_value": 3.47506, "relative_strength": -4.038082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.267593, "energy": 11.433134, "activity_lines": [ 3.229333, 3.196364, 3.270952, 3.239484 ] }, { "date": "2025-10-31", "close": 3.22, "volume": 7881, "typical_volume": 18990.55, "trend": 3.169333, "fair_value": 3.466268, "relative_strength": -3.441345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.818295, "energy": 13.800082, "activity_lines": [ 3.233333, 3.202182, 3.261429, 3.243011 ] }, { "date": "2025-11-07", "close": 3.26, "volume": 5067, "typical_volume": 18820.45, "trend": 3.174667, "fair_value": 3.456878, "relative_strength": -0.935751, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.712283, "energy": 13.259008, "activity_lines": [ 3.248, 3.217091, 3.255429, 3.24886 ] }, { "date": "2025-11-14", "close": 3.04, "volume": 24020, "typical_volume": 17947.65, "trend": 3.176, "fair_value": 3.447054, "relative_strength": -8.289865, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.243634, "energy": 10.383626, "activity_lines": [ 3.176, 3.188, 3.226381, 3.240172 ] }, { "date": "2025-11-21", "close": 2.82, "volume": 34052, "typical_volume": 19220.2, "trend": 3.176, "fair_value": 3.441316, "relative_strength": -12.732132, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.933228, "energy": 34.784409, "activity_lines": [ 3.048, 3.122182, 3.178952, 3.217204 ] }, { "date": "2025-11-28", "close": 3.16, "volume": 14659, "typical_volume": 18978.25, "trend": 3.191333, "fair_value": 3.435314, "relative_strength": -5.08736, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.204428, "energy": 30.064625, "activity_lines": [ 3.062667, 3.125091, 3.168286, 3.216172 ] }, { "date": "2025-12-05", "close": 2.98, "volume": 10540, "typical_volume": 19275.55, "trend": 3.201333, "fair_value": 3.430602, "relative_strength": -11.525689, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.314197, "energy": 38.032527, "activity_lines": [ 3.022667, 3.093455, 3.143238, 3.202538 ] }, { "date": "2025-12-12", "close": 2.9, "volume": 13103, "typical_volume": 19337.6, "trend": 3.217333, "fair_value": 3.425621, "relative_strength": -13.526488, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.256927, "energy": 49.358978, "activity_lines": [ 2.972, 3.050909, 3.11419, 3.183097 ] }, { "date": "2025-12-19", "close": 2.86, "volume": 43144, "typical_volume": 21347.5, "trend": 3.225333, "fair_value": 3.416719, "relative_strength": -15.044639, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.540215, "energy": 40.960994, "activity_lines": [ 2.932, 3.004, 3.08419, 3.160043 ] }, { "date": "2025-12-26", "close": 2.96, "volume": 4050, "typical_volume": 20035.3, "trend": 3.230667, "fair_value": 3.41139, "relative_strength": -12.07891, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.08293, "energy": 40.505421, "activity_lines": [ 2.937333, 2.983273, 3.06581, 3.142925 ] }, { "date": "2026-01-02", "close": 3.24, "volume": 2529, "typical_volume": 19395.1, "trend": 3.228, "fair_value": 3.402848, "relative_strength": -4.787475, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.491737, "energy": 17.48876, "activity_lines": [ 3.026667, 3.018909, 3.077333, 3.143527 ] }, { "date": "2026-01-09", "close": 3.44, "volume": 49347, "typical_volume": 20767.85, "trend": 3.237333, "fair_value": 3.39913, "relative_strength": -2.184722, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.344019, "energy": 10.135682, "activity_lines": [ 3.177333, 3.090909, 3.10819, 3.157204 ] }, { "date": "2026-01-16", "close": 3.44, "volume": 12328, "typical_volume": 19930.55, "trend": 3.258, "fair_value": 3.39529, "relative_strength": -4.321438, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 19.198902, "energy": 21.586036, "activity_lines": [ 3.297333, 3.158909, 3.138476, 3.17028 ] }, { "date": "2026-01-23", "close": 3.46, "volume": 61840, "typical_volume": 22246.7, "trend": 3.254, "fair_value": 3.392433, "relative_strength": -3.026044, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.083333, "energy": 26.671218, "activity_lines": [ 3.388, 3.227273, 3.168762, 3.183312 ] }, { "date": "2026-01-30", "close": 3.18, "volume": 60453, "typical_volume": 25196.85, "trend": 3.235333, "fair_value": 3.380148, "relative_strength": -11.149827, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.988299, "energy": 24.919171, "activity_lines": [ 3.345333, 3.237091, 3.171238, 3.178538 ] }, { "date": "2026-02-06", "close": 3.12, "volume": 38325, "typical_volume": 25620.2, "trend": 3.214667, "fair_value": 3.371448, "relative_strength": -15.260644, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.965809, "energy": 9.441264, "activity_lines": [ 3.268, 3.229455, 3.168095, 3.171097 ] }, { "date": "2026-02-13", "close": 3.06, "volume": 11011, "typical_volume": 23160.5, "trend": 3.192, "fair_value": 3.365783, "relative_strength": -16.704452, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.69655, "energy": 5.916069, "activity_lines": [ 3.178667, 3.211636, 3.158952, 3.161118 ] }, { "date": "2026-02-20", "close": 3.26, "volume": 53550, "typical_volume": 25337.2, "trend": 3.184, "fair_value": 3.362254, "relative_strength": -12.866371, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.60092, "energy": 5.389011, "activity_lines": [ 3.181333, 3.228727, 3.169429, 3.165505 ] }, { "date": "2026-02-27", "close": 4.74, "volume": 662076, "typical_volume": 57098.95, "trend": 3.232, "fair_value": 3.366992, "relative_strength": 24.307185, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.952912, "energy": 53.742042, "activity_lines": [ 3.689333, 3.508364, 3.319905, 3.265892 ] }, { "date": "2026-03-06", "close": 3.9, "volume": 267174, "typical_volume": 70330.65, "trend": 3.240667, "fair_value": 3.365123, "relative_strength": 8.064481, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.511644, "energy": 53.013172, "activity_lines": [ 3.832, 3.601091, 3.383524, 3.308989 ] }, { "date": "2026-03-13", "close": 3.6, "volume": 102660, "typical_volume": 73890.45, "trend": 3.250667, "fair_value": 3.363286, "relative_strength": 0.274611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.731771, "energy": 52.169583, "activity_lines": [ 3.826667, 3.622182, 3.415524, 3.332172 ] }, { "date": "2026-03-20", "close": 3.38, "volume": 93958, "typical_volume": 78194.3, "trend": 3.252667, "fair_value": 3.359428, "relative_strength": -1.048162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.697522, "energy": 44.724468, "activity_lines": [ 3.716, 3.596727, 3.424857, 3.340516 ] }, { "date": "2026-03-27", "close": 3.1, "volume": 68450, "typical_volume": 81363.45, "trend": 3.254667, "fair_value": 3.35353, "relative_strength": -9.020285, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.062329, "energy": 11.319193, "activity_lines": [ 3.490667, 3.521455, 3.406762, 3.330667 ] }, { "date": "2026-04-03", "close": 3.2, "volume": 23912, "typical_volume": 81358.05, "trend": 3.254, "fair_value": 3.346564, "relative_strength": -8.901303, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.932889, "energy": 14.678179, "activity_lines": [ 3.309333, 3.470545, 3.398952, 3.32714 ] }, { "date": "2026-04-10", "close": 3.96, "volume": 54908, "typical_volume": 82400.85, "trend": 3.279333, "fair_value": 3.343859, "relative_strength": 7.660341, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.942541, "energy": 17.702794, "activity_lines": [ 3.484, 3.562545, 3.462762, 3.372688 ] }, { "date": "2026-04-17", "close": 3.84, "volume": 60842, "typical_volume": 84710.0, "trend": 3.305333, "fair_value": 3.340385, "relative_strength": 2.139208, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.102601, "energy": 15.252557, "activity_lines": [ 3.614667, 3.618545, 3.509714, 3.40886 ] }, { "date": "2026-04-24", "close": 3.56, "volume": 22447, "typical_volume": 85305.35, "trend": 3.318, "fair_value": 3.329231, "relative_strength": -2.811508, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.686703, "energy": 20.717212, "activity_lines": [ 3.636, 3.610545, 3.526762, 3.42529 ] }, { "date": "2026-05-01", "close": 3.7, "volume": 7774, "typical_volume": 85038.9, "trend": 3.339333, "fair_value": 3.324744, "relative_strength": 2.163008, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.680904, "energy": 27.51156, "activity_lines": [ 3.692, 3.618909, 3.554381, 3.449935 ] }, { "date": "2026-05-08", "close": 3.6, "volume": 67004, "typical_volume": 86231.9, "trend": 3.349333, "fair_value": 3.322051, "relative_strength": -1.148559, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.714508, "energy": 21.331156, "activity_lines": [ 3.674667, 3.601091, 3.568667, 3.466753 ] }, { "date": "2026-05-15", "close": 3.62, "volume": 14423, "typical_volume": 86750.55, "trend": 3.361333, "fair_value": 3.319615, "relative_strength": 0.228069, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.43022, "energy": 17.679501, "activity_lines": [ 3.637333, 3.607636, 3.581333, 3.484215 ] }, { "date": "2026-05-22", "close": 3.56, "volume": 55831, "typical_volume": 89415.65, "trend": 3.372, "fair_value": 3.316795, "relative_strength": -4.984779, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.382739, "energy": 12.917903, "activity_lines": [ 3.602667, 3.608364, 3.585143, 3.497032 ] }, { "date": "2026-05-29", "close": 3.32, "volume": 43288, "typical_volume": 89112.7, "trend": 3.375333, "fair_value": 3.310641, "relative_strength": -11.071652, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.956826, "energy": 9.94632, "activity_lines": [ 3.506667, 3.566182, 3.564571, 3.493677 ] }, { "date": "2026-06-05", "close": 3.04, "volume": 10164, "typical_volume": 89004.5, "trend": 3.368, "fair_value": 3.302564, "relative_strength": -17.550168, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.411396, "energy": 17.27137, "activity_lines": [ 3.333333, 3.474182, 3.517905, 3.472043 ] }, { "date": "2026-06-12", "close": 2.96, "volume": 0, "typical_volume": 85912.5, "trend": 3.365333, "fair_value": 3.290128, "relative_strength": -19.208221, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.8827, "energy": 36.329582, "activity_lines": [ 3.177333, 3.368727, 3.465524, 3.44572 ] }, { "date": "2026-06-19", "close": 3.18, "volume": 12616, "typical_volume": 83520.65, "trend": 3.377333, "fair_value": 3.285, "relative_strength": -14.768597, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.10629, "energy": 39.232461, "activity_lines": [ 3.137333, 3.307636, 3.436476, 3.433763 ] }, { "date": "2026-06-26", "close": 3.4, "volume": 18924, "typical_volume": 82550.6, "trend": 3.385333, "fair_value": 3.279487, "relative_strength": -7.616824, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.668766, "energy": 37.893248, "activity_lines": [ 3.2, 3.300727, 3.428381, 3.435226 ] }, { "date": "2026-07-03", "close": 2.82, "volume": 8322, "typical_volume": 82416.15, "trend": 3.38, "fair_value": 3.270128, "relative_strength": -24.814052, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.598146, "energy": 43.521079, "activity_lines": [ 3.08, 3.196364, 3.363714, 3.398753 ] }, { "date": "2026-07-10", "close": 3.0, "volume": 967, "typical_volume": 79787.0, "trend": 3.383333, "fair_value": 3.262564, "relative_strength": -17.550644, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.283198, "energy": 47.108218, "activity_lines": [ 3.053333, 3.138182, 3.317333, 3.374237 ] }, { "date": "2026-07-17", "close": 2.9, "volume": 36119, "typical_volume": 48489.15, "trend": 3.384667, "fair_value": 3.254872, "relative_strength": -18.771588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.492918, "energy": 49.286214, "activity_lines": [ 2.996, 3.074545, 3.262667, 3.343054 ] }, { "date": "2026-07-24", "close": 3.12, "volume": 72035, "typical_volume": 38732.2, "trend": 3.39, "fair_value": 3.250513, "relative_strength": -13.50908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.637323, "energy": 43.602196, "activity_lines": [ 3.016, 3.063636, 3.237714, 3.325978 ] }, { "date": "2026-07-31", "close": 3.04, "volume": 24681, "typical_volume": 34833.25, "trend": 3.383333, "fair_value": 3.244103, "relative_strength": -16.432418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.471539, "energy": 31.070548, "activity_lines": [ 3.013333, 3.047273, 3.208857, 3.303398 ] }, { "date": "2026-08-07", "close": 2.9, "volume": 17060, "typical_volume": 30988.35, "trend": 3.365333, "fair_value": 3.236795, "relative_strength": -21.147708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.464035, "energy": 33.007646, "activity_lines": [ 2.988, 3.014909, 3.169333, 3.272215 ] } ], "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." } } }