{ "ticker": { "uuid": "6aa0403b-aea6-400f-a532-ca0e1963f21c", "symbol": "ALDUB", "name": "Encres Dubuit", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -67.18, "architecture_energy": 72.352, "architecture_maturity": 47.003, "architecture_confidence": 96, "architecture_tenure": "Established", "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": 1.9, "rotation_up": 23.27, "upward_expansion": 17.15, "deceleration": 37.9, "rotation_down": 62.79, "downward_expansion": 95.15 }, "activity_lines": [ 2.009333, 2.036, 2.089905, 2.165204 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -1.0 }, "latest_close": 2.0, "trend_reference": 2.268667, "distance_from_trend": -0.118425, "trend_direction": "Weakening", "fair_value": 2.679035, "distance_from_fair_value": -0.253463, "fair_value_direction": "Weakening", "relative_strength": -20.676513, "relative_strength_direction": "Weakening", "price_momentum": -0.224806, "excess_performance": -0.278118, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.118425, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.048644, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.253463, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.076599, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.206765, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.12909, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.224806, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.465882, "read": "Supply-led" } ], "volume": { "latest": 2546, "relative_activity": 1.116299, "balance": 0.465882, "dry_up": 1.087471, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.049231, "annualized_volatility": 0.265684, "from_high_reference": -0.310345, "from_low_reference": 0.020408 }, "levels": { "trend_reference": 2.268667, "fair_value_reference": 2.679035, "structural_low": 1.96, "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": 30, "median_return": 0.0, "positive_rate": 0.466667, "directional_follow_through": 0.466667, "median_excess_return": -0.010926, "regime_survival": 0.8, "best_return": 0.130435, "worst_return": -0.19084, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.024862, "positive_rate": 0.5, "directional_follow_through": 0.416667, "median_excess_return": -0.051429, "regime_survival": 0.5, "best_return": 0.203704, "worst_return": -0.275168, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.014706, "positive_rate": 0.571429, "directional_follow_through": 0.285714, "median_excess_return": -0.020392, "regime_survival": 0.428571, "best_return": 0.24058, "worst_return": -0.127517, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.073887, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.090374, "regime_survival": 0.5, "best_return": 0.165999, "worst_return": -0.221557, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-08-11", "end": "2023-09-29", "tenure": "Developing", "return": -0.032609, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-06", "end": "2023-11-03", "tenure": "Developing", "return": -0.011494, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-10", "end": "2024-11-15", "tenure": "Extended", "return": -0.185629, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-22", "end": "2024-12-27", "tenure": "Developing", "return": 0.06015, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-03", "end": "2025-02-07", "tenure": "Developing", "return": -0.078014, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": 0.122137, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": 0.036765, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-07-11", "tenure": "Developing", "return": -0.127886, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-18", "end": "2025-09-19", "tenure": "Developing", "return": 0.087719, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": -0.177305, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": -0.02521, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2025-12-12", "tenure": "New", "return": 0.068966, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-04-17", "tenure": "Established", "return": -0.104, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": -0.130435, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.68, "volume": 1131, "typical_volume": 5882.65, "trend": 3.62381, "fair_value": 3.543354, "relative_strength": 0.34711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.224299, "energy": 20.798017, "activity_lines": [ 3.694667, 3.750073, 3.720553, 3.676686 ] }, { "date": "2023-08-25", "close": 3.62, "volume": 747, "typical_volume": 5725.95, "trend": 3.629788, "fair_value": 3.544265, "relative_strength": -1.892809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.269035, "energy": 16.233941, "activity_lines": [ 3.664, 3.719636, 3.715896, 3.67644 ] }, { "date": "2023-09-01", "close": 3.68, "volume": 2149, "typical_volume": 5633.9, "trend": 3.633427, "fair_value": 3.545681, "relative_strength": -0.962531, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.833842, "energy": 13.819525, "activity_lines": [ 3.665333, 3.703273, 3.716543, 3.67968 ] }, { "date": "2023-09-08", "close": 3.66, "volume": 175, "typical_volume": 4482.55, "trend": 3.637639, "fair_value": 3.546967, "relative_strength": -0.574226, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.696874, "energy": 12.346344, "activity_lines": [ 3.661333, 3.688727, 3.715031, 3.681394 ] }, { "date": "2023-09-15", "close": 3.64, "volume": 3708, "typical_volume": 4589.55, "trend": 3.641804, "fair_value": 3.548484, "relative_strength": -2.580673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.55457, "energy": 10.872228, "activity_lines": [ 3.653333, 3.672727, 3.710481, 3.681546 ] }, { "date": "2023-09-22", "close": 3.64, "volume": 740, "typical_volume": 4562.8, "trend": 3.643489, "fair_value": 3.550358, "relative_strength": 0.32493, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.723414, "energy": 12.139377, "activity_lines": [ 3.648, 3.660727, 3.704893, 3.68143 ] }, { "date": "2023-09-29", "close": 3.56, "volume": 5262, "typical_volume": 4815.0, "trend": 3.643128, "fair_value": 3.552196, "relative_strength": -0.953346, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.090395, "energy": 31.27566, "activity_lines": [ 3.618667, 3.638909, 3.691534, 3.676044 ] }, { "date": "2023-10-06", "close": 3.48, "volume": 8886, "typical_volume": 5145.9, "trend": 3.64041, "fair_value": 3.553282, "relative_strength": -1.777296, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.442717, "energy": 41.948991, "activity_lines": [ 3.566667, 3.606909, 3.670607, 3.665519 ] }, { "date": "2023-10-13", "close": 3.5, "volume": 1347, "typical_volume": 4717.35, "trend": 3.640528, "fair_value": 3.555213, "relative_strength": -0.142955, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.65874, "energy": 47.223838, "activity_lines": [ 3.534667, 3.582545, 3.651486, 3.65646 ] }, { "date": "2023-10-20", "close": 3.62, "volume": 722, "typical_volume": 4708.8, "trend": 3.643407, "fair_value": 3.55827, "relative_strength": 6.17738, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.828729, "energy": 39.34115, "activity_lines": [ 3.553333, 3.583636, 3.643955, 3.655136 ] }, { "date": "2023-10-27", "close": 3.4, "volume": 2518, "typical_volume": 4727.65, "trend": 3.639262, "fair_value": 3.559917, "relative_strength": 0.204498, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.799869, "energy": 51.761042, "activity_lines": [ 3.5, 3.545818, 3.615591, 3.639432 ] }, { "date": "2023-11-03", "close": 3.44, "volume": 2791, "typical_volume": 3840.45, "trend": 3.63614, "fair_value": 3.560866, "relative_strength": -2.14964, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.891426, "energy": 48.938986, "activity_lines": [ 3.476, 3.520364, 3.592381, 3.626577 ] }, { "date": "2023-11-10", "close": 3.34, "volume": 5663, "typical_volume": 2903.75, "trend": 3.626586, "fair_value": 3.560579, "relative_strength": -4.894841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.031962, "energy": 51.67843, "activity_lines": [ 3.426667, 3.48, 3.561333, 3.607471 ] }, { "date": "2023-11-17", "close": 3.34, "volume": 542, "typical_volume": 2519.7, "trend": 3.62385, "fair_value": 3.559814, "relative_strength": -7.237251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.391318, "energy": 61.18017, "activity_lines": [ 3.386667, 3.445818, 3.533333, 3.588982 ] }, { "date": "2023-11-24", "close": 3.3, "volume": 1335, "typical_volume": 2534.2, "trend": 3.619782, "fair_value": 3.559032, "relative_strength": -8.925632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.288652, "energy": 57.561052, "activity_lines": [ 3.344, 3.410182, 3.503619, 3.568088 ] }, { "date": "2023-12-01", "close": 3.32, "volume": 1362, "typical_volume": 2450.8, "trend": 3.610181, "fair_value": 3.558854, "relative_strength": -8.886725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.737969, "energy": 58.672743, "activity_lines": [ 3.329333, 3.384364, 3.478476, 3.548747 ] }, { "date": "2023-12-08", "close": 3.3, "volume": 1506, "typical_volume": 2401.6, "trend": 3.601153, "fair_value": 3.55843, "relative_strength": -11.390283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.003307, "energy": 51.354844, "activity_lines": [ 3.313333, 3.360727, 3.45419, 3.528736 ] }, { "date": "2023-12-15", "close": 3.24, "volume": 11057, "typical_volume": 2846.1, "trend": 3.593844, "fair_value": 3.556667, "relative_strength": -13.491896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.554888, "energy": 47.683354, "activity_lines": [ 3.286667, 3.330909, 3.426571, 3.505435 ] }, { "date": "2023-12-22", "close": 3.2, "volume": 2220, "typical_volume": 2839.25, "trend": 3.582723, "fair_value": 3.553336, "relative_strength": -14.006631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.543347, "energy": 46.790447, "activity_lines": [ 3.253333, 3.298182, 3.397333, 3.480026 ] }, { "date": "2023-12-29", "close": 3.24, "volume": 801, "typical_volume": 2733.1, "trend": 3.569215, "fair_value": 3.550261, "relative_strength": -12.335436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.11726, "energy": 43.652201, "activity_lines": [ 3.242667, 3.278182, 3.374286, 3.457915 ] }, { "date": "2024-01-05", "close": 3.2, "volume": 768, "typical_volume": 2714.95, "trend": 3.553134, "fair_value": 3.547169, "relative_strength": -11.712205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.989968, "energy": 50.935594, "activity_lines": [ 3.222667, 3.257818, 3.349524, 3.434095 ] }, { "date": "2024-01-12", "close": 3.22, "volume": 179, "typical_volume": 2686.55, "trend": 3.534, "fair_value": 3.544562, "relative_strength": -11.443736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.648339, "energy": 50.860097, "activity_lines": [ 3.217333, 3.244727, 3.328952, 3.412602 ] }, { "date": "2024-01-19", "close": 3.22, "volume": 579, "typical_volume": 2608.05, "trend": 3.508667, "fair_value": 3.540644, "relative_strength": -10.130094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.605777, "energy": 46.565563, "activity_lines": [ 3.217333, 3.235636, 3.310286, 3.392344 ] }, { "date": "2024-01-26", "close": 3.24, "volume": 335, "typical_volume": 2616.05, "trend": 3.490667, "fair_value": 3.537927, "relative_strength": -12.472164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.271508, "energy": 49.675993, "activity_lines": [ 3.225333, 3.232364, 3.295714, 3.375011 ] }, { "date": "2024-02-02", "close": 3.12, "volume": 954, "typical_volume": 2478.35, "trend": 3.466, "fair_value": 3.534083, "relative_strength": -14.970179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.616796, "energy": 65.125746, "activity_lines": [ 3.190667, 3.209091, 3.271714, 3.351097 ] }, { "date": "2024-02-09", "close": 3.04, "volume": 4664, "typical_volume": 2674.55, "trend": 3.437333, "fair_value": 3.528654, "relative_strength": -17.426748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.182407, "energy": 77.985253, "activity_lines": [ 3.137333, 3.174545, 3.242571, 3.323613 ] }, { "date": "2024-02-16", "close": 3.14, "volume": 538, "typical_volume": 2438.35, "trend": 3.415333, "fair_value": 3.523269, "relative_strength": -15.785766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.009965, "energy": 69.005927, "activity_lines": [ 3.128, 3.163273, 3.22581, 3.30443 ] }, { "date": "2024-02-23", "close": 3.08, "volume": 2636, "typical_volume": 2125.85, "trend": 3.394667, "fair_value": 3.517619, "relative_strength": -19.087469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.326245, "energy": 72.612978, "activity_lines": [ 3.104, 3.144, 3.205333, 3.282796 ] }, { "date": "2024-03-01", "close": 3.02, "volume": 1984, "typical_volume": 2157.7, "trend": 3.372, "fair_value": 3.511346, "relative_strength": -19.999493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.259953, "energy": 62.058076, "activity_lines": [ 3.069333, 3.116727, 3.181048, 3.258624 ] }, { "date": "2024-03-08", "close": 3.02, "volume": 1594, "typical_volume": 2201.3, "trend": 3.35, "fair_value": 3.504715, "relative_strength": -20.558753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.434436, "energy": 55.879414, "activity_lines": [ 3.049333, 3.092727, 3.159048, 3.235914 ] }, { "date": "2024-03-15", "close": 2.9, "volume": 2293, "typical_volume": 2190.05, "trend": 3.324, "fair_value": 3.497912, "relative_strength": -24.530549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.999465, "energy": 61.067112, "activity_lines": [ 2.996, 3.050909, 3.128476, 3.206882 ] }, { "date": "2024-03-22", "close": 3.0, "volume": 2907, "typical_volume": 2195.85, "trend": 3.303333, "fair_value": 3.492226, "relative_strength": -21.373126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.780914, "energy": 51.801554, "activity_lines": [ 2.985333, 3.032727, 3.10981, 3.185978 ] }, { "date": "2024-03-29", "close": 3.0, "volume": 3254, "typical_volume": 2075.4, "trend": 3.280667, "fair_value": 3.486659, "relative_strength": -21.516342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.477167, "energy": 48.324794, "activity_lines": [ 2.984, 3.018545, 3.093238, 3.166409 ] }, { "date": "2024-04-05", "close": 3.0, "volume": 1331, "typical_volume": 2114.85, "trend": 3.258667, "fair_value": 3.480854, "relative_strength": -19.744142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.634607, "energy": 44.145959, "activity_lines": [ 2.988, 3.008364, 3.078286, 3.148301 ] }, { "date": "2024-04-12", "close": 3.02, "volume": 1393, "typical_volume": 2117.75, "trend": 3.238, "fair_value": 3.474938, "relative_strength": -18.343402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.896089, "energy": 33.854612, "activity_lines": [ 3.0, 3.006182, 3.066857, 3.132903 ] }, { "date": "2024-04-19", "close": 3.18, "volume": 2815, "typical_volume": 2190.4, "trend": 3.222667, "fair_value": 3.470645, "relative_strength": -13.943296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.445913, "energy": 13.867134, "activity_lines": [ 3.065333, 3.034909, 3.072, 3.129161 ] }, { "date": "2024-04-26", "close": 3.14, "volume": 6155, "typical_volume": 2422.85, "trend": 3.208667, "fair_value": 3.465737, "relative_strength": -15.475382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.819746, "energy": 14.393919, "activity_lines": [ 3.098667, 3.053818, 3.074, 3.123828 ] }, { "date": "2024-05-03", "close": 2.96, "volume": 1861, "typical_volume": 1963.05, "trend": 3.191333, "fair_value": 3.459914, "relative_strength": -18.625833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.841747, "energy": 17.562066, "activity_lines": [ 3.062667, 3.04, 3.059619, 3.107785 ] }, { "date": "2024-05-10", "close": 2.98, "volume": 1785, "typical_volume": 1941.3, "trend": 3.174, "fair_value": 3.455649, "relative_strength": -20.284074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.099704, "energy": 16.113228, "activity_lines": [ 3.036, 3.032, 3.048476, 3.094151 ] }, { "date": "2024-05-17", "close": 2.68, "volume": 7517, "typical_volume": 2277.1, "trend": 3.142667, "fair_value": 3.449939, "relative_strength": -27.446055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.264858, "energy": 53.099194, "activity_lines": [ 2.910667, 2.970182, 3.00981, 3.06228 ] }, { "date": "2024-05-24", "close": 2.74, "volume": 3615, "typical_volume": 2419.45, "trend": 3.120667, "fair_value": 3.444136, "relative_strength": -24.694988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.849903, "energy": 66.29009, "activity_lines": [ 2.828, 2.925455, 2.979524, 3.036301 ] }, { "date": "2024-05-31", "close": 2.72, "volume": 3420, "typical_volume": 2581.5, "trend": 3.096667, "fair_value": 3.438444, "relative_strength": -23.764425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.201729, "energy": 72.79724, "activity_lines": [ 2.768, 2.88, 2.949524, 3.010452 ] }, { "date": "2024-06-07", "close": 3.0, "volume": 7938, "typical_volume": 2949.45, "trend": 3.085333, "fair_value": 3.434188, "relative_strength": -15.51694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.195615, "energy": 57.311233, "activity_lines": [ 2.829333, 2.890545, 2.948571, 3.004215 ] }, { "date": "2024-06-14", "close": 2.76, "volume": 1375, "typical_volume": 3001.45, "trend": 3.066, "fair_value": 3.428156, "relative_strength": -16.584946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.747769, "energy": 44.87674, "activity_lines": [ 2.808, 2.857455, 2.92581, 2.983226 ] }, { "date": "2024-06-21", "close": 2.74, "volume": 4849, "typical_volume": 3196.2, "trend": 3.047333, "fair_value": 3.422711, "relative_strength": -17.84584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.150218, "energy": 36.873228, "activity_lines": [ 2.794667, 2.825091, 2.903429, 2.962194 ] }, { "date": "2024-06-28", "close": 2.56, "volume": 324, "typical_volume": 2979.2, "trend": 3.022, "fair_value": 3.415516, "relative_strength": -21.127278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.430329, "energy": 43.646172, "activity_lines": [ 2.717333, 2.765091, 2.865714, 2.930753 ] }, { "date": "2024-07-05", "close": 2.54, "volume": 1213, "typical_volume": 3012.95, "trend": 2.996667, "fair_value": 3.409146, "relative_strength": -23.021392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.451248, "energy": 62.06805, "activity_lines": [ 2.645333, 2.712727, 2.828381, 2.899656 ] }, { "date": "2024-07-12", "close": 2.68, "volume": 2328, "typical_volume": 2997.55, "trend": 2.978, "fair_value": 3.403317, "relative_strength": -18.628447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.278859, "energy": 54.488863, "activity_lines": [ 2.632, 2.696727, 2.807238, 2.879226 ] }, { "date": "2024-07-19", "close": 2.62, "volume": 1213, "typical_volume": 2959.0, "trend": 2.958667, "fair_value": 3.397698, "relative_strength": -17.840364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.324871, "energy": 61.564654, "activity_lines": [ 2.62, 2.674909, 2.782286, 2.856129 ] }, { "date": "2024-07-26", "close": 2.6, "volume": 932, "typical_volume": 2925.9, "trend": 2.937333, "fair_value": 3.392906, "relative_strength": -17.72778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.703776, "energy": 49.396237, "activity_lines": [ 2.610667, 2.656, 2.757333, 2.832989 ] }, { "date": "2024-08-02", "close": 2.5, "volume": 758, "typical_volume": 2849.15, "trend": 2.914, "fair_value": 3.386756, "relative_strength": -17.382948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.47459, "energy": 44.778086, "activity_lines": [ 2.577333, 2.620364, 2.724857, 2.804774 ] }, { "date": "2024-08-09", "close": 2.16, "volume": 6961, "typical_volume": 3051.85, "trend": 2.878667, "fair_value": 3.379143, "relative_strength": -28.118172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.517891, "energy": 70.286253, "activity_lines": [ 2.434667, 2.527273, 2.661905, 2.756129 ] }, { "date": "2024-08-16", "close": 2.12, "volume": 1878, "typical_volume": 2983.05, "trend": 2.842, "fair_value": 3.371154, "relative_strength": -30.412169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.018633, "energy": 86.033555, "activity_lines": [ 2.304, 2.437091, 2.599143, 2.707183 ] }, { "date": "2024-08-23", "close": 2.16, "volume": 6554, "typical_volume": 3244.2, "trend": 2.806, "fair_value": 3.362707, "relative_strength": -29.576593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.165284, "energy": 89.269624, "activity_lines": [ 2.224, 2.370182, 2.544381, 2.663183 ] }, { "date": "2024-08-30", "close": 2.14, "volume": 20037, "typical_volume": 4176.4, "trend": 2.773333, "fair_value": 3.354846, "relative_strength": -29.976759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.182181, "energy": 88.416928, "activity_lines": [ 2.168, 2.310545, 2.491714, 2.620215 ] }, { "date": "2024-09-06", "close": 2.36, "volume": 16498, "typical_volume": 4860.55, "trend": 2.750667, "fair_value": 3.34613, "relative_strength": -19.135075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.582734, "energy": 81.869261, "activity_lines": [ 2.216, 2.301818, 2.46419, 2.593548 ] }, { "date": "2024-09-13", "close": 2.3, "volume": 953, "typical_volume": 4600.45, "trend": 2.722667, "fair_value": 3.338819, "relative_strength": -21.680604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.935093, "energy": 55.446462, "activity_lines": [ 2.253333, 2.285818, 2.434857, 2.564473 ] }, { "date": "2024-09-20", "close": 2.16, "volume": 1417, "typical_volume": 4578.25, "trend": 2.692, "fair_value": 3.330848, "relative_strength": -26.000284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.837145, "energy": 57.295665, "activity_lines": [ 2.234667, 2.248727, 2.39619, 2.528172 ] }, { "date": "2024-09-27", "close": 2.18, "volume": 1330, "typical_volume": 4555.5, "trend": 2.664, "fair_value": 3.322409, "relative_strength": -27.322364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.215105, "energy": 50.563032, "activity_lines": [ 2.22, 2.224727, 2.363238, 2.49514 ] }, { "date": "2024-10-04", "close": 2.16, "volume": 875, "typical_volume": 4223.4, "trend": 2.635333, "fair_value": 3.314676, "relative_strength": -24.822366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.474683, "energy": 54.151045, "activity_lines": [ 2.197333, 2.205091, 2.33219, 2.462624 ] }, { "date": "2024-10-11", "close": 2.3, "volume": 1262, "typical_volume": 4105.75, "trend": 2.615333, "fair_value": 3.307484, "relative_strength": -19.538666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.165103, "energy": 44.755147, "activity_lines": [ 2.22, 2.218909, 2.316952, 2.440989 ] }, { "date": "2024-10-18", "close": 2.24, "volume": 603, "typical_volume": 3964.9, "trend": 2.59, "fair_value": 3.297999, "relative_strength": -21.046197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.539033, "energy": 38.666596, "activity_lines": [ 2.226667, 2.225455, 2.298095, 2.416774 ] }, { "date": "2024-10-25", "close": 2.16, "volume": 2832, "typical_volume": 3709.6, "trend": 2.562, "fair_value": 3.288955, "relative_strength": -21.836936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.715638, "energy": 43.015549, "activity_lines": [ 2.210667, 2.216, 2.273905, 2.389032 ] }, { "date": "2024-11-01", "close": 2.6, "volume": 17489, "typical_volume": 4515.3, "trend": 2.548667, "fair_value": 3.282851, "relative_strength": -4.105454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.839573, "energy": 12.710205, "activity_lines": [ 2.341333, 2.285818, 2.295619, 2.391484 ] }, { "date": "2024-11-08", "close": 2.6, "volume": 42409, "typical_volume": 6393.3, "trend": 2.534667, "fair_value": 3.276747, "relative_strength": -2.571615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.467208, "energy": 21.20452, "activity_lines": [ 2.444, 2.347636, 2.318095, 2.394796 ] }, { "date": "2024-11-15", "close": 2.72, "volume": 9189, "typical_volume": 6836.55, "trend": 2.519333, "fair_value": 3.27177, "relative_strength": 3.371707, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.055695, "energy": 38.423755, "activity_lines": [ 2.557333, 2.422909, 2.352667, 2.406753 ] }, { "date": "2024-11-22", "close": 2.66, "volume": 3225, "typical_volume": 6937.15, "trend": 2.503333, "fair_value": 3.266527, "relative_strength": 1.759356, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.849223, "energy": 39.658648, "activity_lines": [ 2.622667, 2.480727, 2.380762, 2.415828 ] }, { "date": "2024-11-29", "close": 2.84, "volume": 2182, "typical_volume": 6929.85, "trend": 2.499333, "fair_value": 3.262677, "relative_strength": 9.290689, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.915099, "energy": 63.799828, "activity_lines": [ 2.72, 2.564727, 2.425429, 2.437548 ] }, { "date": "2024-12-06", "close": 2.72, "volume": 428, "typical_volume": 6890.6, "trend": 2.490667, "fair_value": 3.257461, "relative_strength": 2.365797, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.014842, "energy": 60.69019, "activity_lines": [ 2.732, 2.614545, 2.457905, 2.451785 ] }, { "date": "2024-12-13", "close": 2.8, "volume": 3642, "typical_volume": 7026.1, "trend": 2.494667, "fair_value": 3.253116, "relative_strength": 5.899374, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.81732, "energy": 56.929597, "activity_lines": [ 2.762667, 2.669091, 2.497524, 2.471742 ] }, { "date": "2024-12-20", "close": 2.82, "volume": 168, "typical_volume": 6996.6, "trend": 2.497333, "fair_value": 3.249614, "relative_strength": 8.842504, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.875789, "energy": 56.809, "activity_lines": [ 2.786667, 2.715636, 2.538095, 2.492731 ] }, { "date": "2024-12-27", "close": 2.82, "volume": 15, "typical_volume": 6649.3, "trend": 2.500667, "fair_value": 3.245159, "relative_strength": 7.914326, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.30267, "energy": 60.146937, "activity_lines": [ 2.804, 2.752727, 2.577143, 2.513548 ] }, { "date": "2025-01-03", "close": 2.82, "volume": 529, "typical_volume": 6581.85, "trend": 2.494667, "fair_value": 3.240584, "relative_strength": 9.25844, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.397715, "energy": 59.636222, "activity_lines": [ 2.810667, 2.779273, 2.613048, 2.534151 ] }, { "date": "2025-01-10", "close": 2.58, "volume": 6034, "typical_volume": 6555.85, "trend": 2.488667, "fair_value": 3.234471, "relative_strength": -1.592736, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.872885, "energy": 35.493119, "activity_lines": [ 2.738667, 2.750182, 2.622762, 2.539656 ] }, { "date": "2025-01-17", "close": 2.84, "volume": 1678, "typical_volume": 5637.9, "trend": 2.492, "fair_value": 3.229548, "relative_strength": 4.799294, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.744581, "energy": 35.692511, "activity_lines": [ 2.762667, 2.768727, 2.655238, 2.562323 ] }, { "date": "2025-01-24", "close": 2.52, "volume": 9620, "typical_volume": 5294.0, "trend": 2.490667, "fair_value": 3.223288, "relative_strength": -9.034493, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.591506, "energy": 18.247836, "activity_lines": [ 2.677333, 2.724727, 2.653905, 2.564129 ] }, { "date": "2025-01-31", "close": 2.46, "volume": 3950, "typical_volume": 5443.85, "trend": 2.488, "fair_value": 3.214618, "relative_strength": -10.954738, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.879044, "energy": 19.305132, "activity_lines": [ 2.592, 2.673455, 2.646095, 2.562151 ] }, { "date": "2025-02-07", "close": 2.6, "volume": 5397, "typical_volume": 5642.85, "trend": 2.485333, "fair_value": 3.206248, "relative_strength": -5.784599, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.716817, "energy": 19.677202, "activity_lines": [ 2.577333, 2.651273, 2.650857, 2.569376 ] }, { "date": "2025-02-14", "close": 2.62, "volume": 3731, "typical_volume": 5762.9, "trend": 2.485333, "fair_value": 3.199319, "relative_strength": -7.012246, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.280963, "energy": 19.515064, "activity_lines": [ 2.584, 2.637091, 2.655429, 2.578065 ] }, { "date": "2025-02-21", "close": 2.64, "volume": 232, "typical_volume": 5730.75, "trend": 2.486667, "fair_value": 3.19359, "relative_strength": -5.69538, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.866751, "energy": 15.214542, "activity_lines": [ 2.594667, 2.628364, 2.65981, 2.588043 ] }, { "date": "2025-02-28", "close": 2.7, "volume": 2283, "typical_volume": 5781.8, "trend": 2.493333, "fair_value": 3.188485, "relative_strength": -2.782061, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.416911, "energy": 18.378828, "activity_lines": [ 2.638667, 2.633455, 2.667619, 2.601806 ] }, { "date": "2025-03-07", "close": 2.94, "volume": 8619, "typical_volume": 6182.6, "trend": 2.519333, "fair_value": 3.184441, "relative_strength": 5.824102, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.872783, "energy": 46.287906, "activity_lines": [ 2.750667, 2.684364, 2.696381, 2.630624 ] }, { "date": "2025-03-14", "close": 2.72, "volume": 1951, "typical_volume": 6138.55, "trend": 2.539333, "fair_value": 3.179941, "relative_strength": -0.875038, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.116507, "energy": 36.476892, "activity_lines": [ 2.757333, 2.693091, 2.700857, 2.64357 ] }, { "date": "2025-03-21", "close": 2.8, "volume": 2867, "typical_volume": 5407.45, "trend": 2.560667, "fair_value": 3.175595, "relative_strength": 1.968338, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.357986, "energy": 44.958534, "activity_lines": [ 2.782667, 2.718182, 2.710286, 2.660387 ] }, { "date": "2025-03-28", "close": 2.78, "volume": 809, "typical_volume": 3327.45, "trend": 2.582, "fair_value": 3.170526, "relative_strength": 2.946118, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.717084, "energy": 41.705529, "activity_lines": [ 2.789333, 2.735636, 2.716857, 2.674538 ] }, { "date": "2025-04-04", "close": 2.7, "volume": 159, "typical_volume": 2875.95, "trend": 2.593333, "fair_value": 3.165182, "relative_strength": 8.801243, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.615606, "energy": 24.426081, "activity_lines": [ 2.76, 2.739636, 2.714952, 2.682151 ] }, { "date": "2025-04-11", "close": 2.72, "volume": 611, "typical_volume": 2745.25, "trend": 2.607333, "fair_value": 3.160086, "relative_strength": 12.19512, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.782541, "energy": 18.099322, "activity_lines": [ 2.737333, 2.744, 2.715048, 2.690323 ] }, { "date": "2025-04-18", "close": 2.82, "volume": 940, "typical_volume": 2683.15, "trend": 2.629333, "fair_value": 3.155511, "relative_strength": 13.489016, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.485163, "energy": 23.814561, "activity_lines": [ 2.762667, 2.761818, 2.724381, 2.704043 ] }, { "date": "2025-04-25", "close": 2.729, "volume": 121, "typical_volume": 2667.8, "trend": 2.647633, "fair_value": 3.151068, "relative_strength": 6.33418, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.420766, "energy": 16.111931, "activity_lines": [ 2.751, 2.759091, 2.725143, 2.710473 ] }, { "date": "2025-05-02", "close": 2.82, "volume": 1134, "typical_volume": 2542.4, "trend": 2.669633, "fair_value": 3.146553, "relative_strength": 6.622472, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.284031, "energy": 26.823777, "activity_lines": [ 2.7744, 2.770927, 2.734529, 2.721594 ] }, { "date": "2025-05-09", "close": 2.7805, "volume": 878, "typical_volume": 2577.9, "trend": 2.68565, "fair_value": 3.141725, "relative_strength": 5.51278, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.80837, "energy": 29.651229, "activity_lines": [ 2.781967, 2.772309, 2.740057, 2.728746 ] }, { "date": "2025-05-16", "close": 2.84, "volume": 4281, "typical_volume": 2791.2, "trend": 2.70565, "fair_value": 3.136743, "relative_strength": 5.626561, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.894543, "energy": 33.824755, "activity_lines": [ 2.804, 2.783045, 2.75144, 2.738704 ] }, { "date": "2025-05-23", "close": 2.84, "volume": 1489, "typical_volume": 2839.2, "trend": 2.728317, "fair_value": 3.131938, "relative_strength": 7.532202, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.883321, "energy": 36.159551, "activity_lines": [ 2.818033, 2.7956, 2.762729, 2.747372 ] }, { "date": "2025-05-30", "close": 2.86, "volume": 870, "typical_volume": 2581.0, "trend": 2.736983, "fair_value": 3.127441, "relative_strength": 7.87116, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.506426, "energy": 37.896029, "activity_lines": [ 2.8374, 2.809609, 2.775826, 2.755868 ] }, { "date": "2025-06-06", "close": 2.7, "volume": 6105, "typical_volume": 2802.35, "trend": 2.740317, "fair_value": 3.122097, "relative_strength": 1.310205, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.253823, "energy": 20.54865, "activity_lines": [ 2.7947, 2.793436, 2.772352, 2.753482 ] }, { "date": "2025-06-13", "close": 2.68, "volume": 3260, "typical_volume": 2484.35, "trend": 2.738983, "fair_value": 3.11746, "relative_strength": 2.242479, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.600018, "energy": 9.181987, "activity_lines": [ 2.753333, 2.775082, 2.76764, 2.74959 ] }, { "date": "2025-06-20", "close": 2.74, "volume": 643, "typical_volume": 2319.0, "trend": 2.74165, "fair_value": 3.114757, "relative_strength": 5.829202, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.02529, "energy": 9.742202, "activity_lines": [ 2.738667, 2.768, 2.767881, 2.749656 ] }, { "date": "2025-06-27", "close": 2.58, "volume": 5029, "typical_volume": 2300.6, "trend": 2.732983, "fair_value": 3.109419, "relative_strength": -1.632725, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.317945, "energy": 26.119019, "activity_lines": [ 2.677333, 2.731464, 2.75155, 2.739227 ] }, { "date": "2025-07-04", "close": 2.48, "volume": 6643, "typical_volume": 2446.2, "trend": 2.724983, "fair_value": 3.104095, "relative_strength": -5.457101, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -44.762096, "energy": 53.562647, "activity_lines": [ 2.6, 2.681109, 2.72579, 2.722905 ] }, { "date": "2025-07-11", "close": 2.38, "volume": 27351, "typical_volume": 3802.15, "trend": 2.710983, "fair_value": 3.097594, "relative_strength": -10.594073, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -79.320458, "energy": 75.23155, "activity_lines": [ 2.514667, 2.6171, 2.691174, 2.700648 ] }, { "date": "2025-07-18", "close": 2.28, "volume": 9277, "typical_volume": 4151.85, "trend": 2.692983, "fair_value": 3.09075, "relative_strength": -14.004439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.704901, "energy": 83.851803, "activity_lines": [ 2.417333, 2.542909, 2.648271, 2.672843 ] }, { "date": "2025-07-25", "close": 2.2, "volume": 6561, "typical_volume": 4048.95, "trend": 2.672317, "fair_value": 3.083393, "relative_strength": -16.841058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.199502, "energy": 86.472889, "activity_lines": [ 2.32, 2.463273, 2.59975, 2.641038 ] }, { "date": "2025-08-01", "close": 2.22, "volume": 49919, "typical_volume": 6447.35, "trend": 2.652317, "fair_value": 3.077118, "relative_strength": -12.626226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.552318, "energy": 86.292638, "activity_lines": [ 2.265333, 2.398909, 2.556657, 2.611856 ] }, { "date": "2025-08-08", "close": 2.4, "volume": 1288, "typical_volume": 6368.4, "trend": 2.646317, "fair_value": 3.070388, "relative_strength": -8.010578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.660606, "energy": 75.174312, "activity_lines": [ 2.294667, 2.378545, 2.533088, 2.595577 ] }, { "date": "2025-08-15", "close": 2.42, "volume": 442, "typical_volume": 6350.05, "trend": 2.632317, "fair_value": 3.062117, "relative_strength": -9.464164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.196071, "energy": 51.624756, "activity_lines": [ 2.336, 2.370182, 2.513329, 2.580976 ] }, { "date": "2025-08-22", "close": 2.4, "volume": 1282, "typical_volume": 6406.2, "trend": 2.628317, "fair_value": 3.054194, "relative_strength": -10.815033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.911098, "energy": 37.813161, "activity_lines": [ 2.368, 2.363273, 2.493379, 2.565988 ] }, { "date": "2025-08-29", "close": 2.34, "volume": 1740, "typical_volume": 6462.65, "trend": 2.624317, "fair_value": 3.0469, "relative_strength": -10.163877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.342531, "energy": 31.490183, "activity_lines": [ 2.372, 2.350545, 2.469143, 2.547387 ] }, { "date": "2025-09-05", "close": 2.38, "volume": 5164, "typical_volume": 6673.85, "trend": 2.616983, "fair_value": 3.04028, "relative_strength": -8.224728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.739228, "energy": 29.649791, "activity_lines": [ 2.38, 2.352364, 2.450526, 2.531625 ] }, { "date": "2025-09-12", "close": 2.36, "volume": 1275, "typical_volume": 6731.55, "trend": 2.608317, "fair_value": 3.032101, "relative_strength": -10.712676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.572987, "energy": 29.982037, "activity_lines": [ 2.370667, 2.354182, 2.4321, 2.515045 ] }, { "date": "2025-09-19", "close": 2.48, "volume": 2793, "typical_volume": 6814.5, "trend": 2.602983, "fair_value": 3.026539, "relative_strength": -6.659016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.70854, "energy": 23.839895, "activity_lines": [ 2.404, 2.38, 2.42686, 2.506767 ] }, { "date": "2025-09-26", "close": 2.82, "volume": 11529, "typical_volume": 7347.05, "trend": 2.606983, "fair_value": 3.023812, "relative_strength": 5.436718, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 14.765161, "energy": 20.333474, "activity_lines": [ 2.546667, 2.465818, 2.455619, 2.520768 ] }, { "date": "2025-10-03", "close": 2.76, "volume": 3217, "typical_volume": 7293.85, "trend": 2.600983, "fair_value": 3.01921, "relative_strength": 0.188509, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.532679, "energy": 35.680406, "activity_lines": [ 2.641333, 2.530909, 2.478476, 2.53064 ] }, { "date": "2025-10-10", "close": 2.66, "volume": 4823, "typical_volume": 7460.55, "trend": 2.598983, "fair_value": 3.014564, "relative_strength": -1.627143, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.614991, "energy": 34.714432, "activity_lines": [ 2.674667, 2.567636, 2.49219, 2.534447 ] }, { "date": "2025-10-17", "close": 2.64, "volume": 4077, "typical_volume": 7620.9, "trend": 2.59365, "fair_value": 3.010385, "relative_strength": -5.579651, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.598506, "energy": 43.516985, "activity_lines": [ 2.682667, 2.592727, 2.504857, 2.537094 ] }, { "date": "2025-10-24", "close": 2.6, "volume": 1050, "typical_volume": 7368.15, "trend": 2.58765, "fair_value": 3.005116, "relative_strength": -7.736861, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.855357, "energy": 36.742594, "activity_lines": [ 2.658667, 2.606182, 2.514762, 2.537503 ] }, { "date": "2025-10-31", "close": 2.32, "volume": 4648, "typical_volume": 7437.55, "trend": 2.574983, "fair_value": 2.998886, "relative_strength": -16.306407, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -41.895922, "energy": 20.069889, "activity_lines": [ 2.533333, 2.565455, 2.498476, 2.520235 ] }, { "date": "2025-11-07", "close": 2.38, "volume": 2744, "typical_volume": 7542.6, "trend": 2.56365, "fair_value": 2.993339, "relative_strength": -12.024163, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.221088, "energy": 28.931641, "activity_lines": [ 2.461333, 2.537091, 2.489619, 2.507656 ] }, { "date": "2025-11-14", "close": 2.32, "volume": 449, "typical_volume": 7313.6, "trend": 2.546983, "fair_value": 2.98687, "relative_strength": -16.122782, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.914607, "energy": 37.803494, "activity_lines": [ 2.394667, 2.497091, 2.476762, 2.491937 ] }, { "date": "2025-11-21", "close": 2.32, "volume": 126, "typical_volume": 6987.75, "trend": 2.53335, "fair_value": 2.980283, "relative_strength": -13.780988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.609692, "energy": 44.46045, "activity_lines": [ 2.350667, 2.458182, 2.465143, 2.477292 ] }, { "date": "2025-11-28", "close": 2.32, "volume": 689, "typical_volume": 5654.65, "trend": 2.516683, "fair_value": 2.973755, "relative_strength": -14.747681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.617564, "energy": 56.262647, "activity_lines": [ 2.328, 2.42, 2.454286, 2.463528 ] }, { "date": "2025-12-05", "close": 2.44, "volume": 6671, "typical_volume": 5524.35, "trend": 2.505333, "fair_value": 2.967936, "relative_strength": -9.911051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.927781, "energy": 36.925379, "activity_lines": [ 2.364, 2.406545, 2.455143, 2.458581 ] }, { "date": "2025-12-12", "close": 2.48, "volume": 506, "typical_volume": 5221.6, "trend": 2.493333, "fair_value": 2.962315, "relative_strength": -7.53506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.596385, "energy": 20.213327, "activity_lines": [ 2.405333, 2.407273, 2.459048, 2.456946 ] }, { "date": "2025-12-19", "close": 2.5, "volume": 2555, "typical_volume": 2853.4, "trend": 2.482, "fair_value": 2.957775, "relative_strength": -7.301554, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.860407, "energy": 9.290525, "activity_lines": [ 2.446667, 2.416727, 2.463524, 2.457376 ] }, { "date": "2025-12-26", "close": 2.42, "volume": 649, "typical_volume": 2821.45, "trend": 2.467333, "fair_value": 2.951829, "relative_strength": -9.291724, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.224078, "energy": 13.606584, "activity_lines": [ 2.449333, 2.414545, 2.459048, 2.453376 ] }, { "date": "2026-01-02", "close": 2.46, "volume": 1656, "typical_volume": 2882.15, "trend": 2.459333, "fair_value": 2.945125, "relative_strength": -8.35729, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.298941, "energy": 12.114871, "activity_lines": [ 2.458667, 2.423636, 2.458286, 2.452903 ] }, { "date": "2026-01-09", "close": 2.42, "volume": 1114, "typical_volume": 2873.75, "trend": 2.450667, "fair_value": 2.938046, "relative_strength": -11.345765, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.645698, "energy": 4.317598, "activity_lines": [ 2.445333, 2.428, 2.453524, 2.450366 ] }, { "date": "2026-01-16", "close": 2.42, "volume": 3111, "typical_volume": 2942.3, "trend": 2.44, "fair_value": 2.931563, "relative_strength": -9.838308, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.734231, "energy": 4.432893, "activity_lines": [ 2.433333, 2.430545, 2.448667, 2.448387 ] }, { "date": "2026-01-23", "close": 2.52, "volume": 2575, "typical_volume": 2812.85, "trend": 2.438, "fair_value": 2.925661, "relative_strength": -4.729018, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.710149, "energy": 13.38298, "activity_lines": [ 2.458667, 2.450545, 2.452952, 2.453548 ] }, { "date": "2026-01-30", "close": 2.58, "volume": 849, "typical_volume": 2791.55, "trend": 2.441333, "fair_value": 2.91931, "relative_strength": -2.308944, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.462095, "energy": 31.304842, "activity_lines": [ 2.502667, 2.477818, 2.462286, 2.46271 ] }, { "date": "2026-02-06", "close": 2.58, "volume": 3050, "typical_volume": 2804.4, "trend": 2.448, "fair_value": 2.913197, "relative_strength": -3.967156, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.575802, "energy": 41.815032, "activity_lines": [ 2.536, 2.500364, 2.470571, 2.471656 ] }, { "date": "2026-02-13", "close": 2.48, "volume": 4825, "typical_volume": 2469.2, "trend": 2.454667, "fair_value": 2.906562, "relative_strength": -7.990523, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.025875, "energy": 36.951051, "activity_lines": [ 2.528, 2.5, 2.468857, 2.47372 ] }, { "date": "2026-02-20", "close": 2.56, "volume": 2990, "typical_volume": 2457.85, "trend": 2.466667, "fair_value": 2.899963, "relative_strength": -7.167729, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.753976, "energy": 39.506078, "activity_lines": [ 2.542667, 2.513455, 2.476381, 2.480516 ] }, { "date": "2026-02-27", "close": 2.5, "volume": 715, "typical_volume": 2252.45, "trend": 2.476, "fair_value": 2.893098, "relative_strength": -9.810668, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.389604, "energy": 20.097435, "activity_lines": [ 2.528, 2.514545, 2.479143, 2.482667 ] }, { "date": "2026-03-06", "close": 2.32, "volume": 1994, "typical_volume": 2148.3, "trend": 2.473333, "fair_value": 2.88514, "relative_strength": -9.769754, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.170918, "energy": 15.426442, "activity_lines": [ 2.454667, 2.482909, 2.465524, 2.472602 ] }, { "date": "2026-03-13", "close": 2.4, "volume": 2504, "typical_volume": 2221.0, "trend": 2.472667, "fair_value": 2.878111, "relative_strength": -5.491094, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.316698, "energy": 20.753674, "activity_lines": [ 2.425333, 2.467636, 2.461048, 2.467871 ] }, { "date": "2026-03-20", "close": 2.42, "volume": 6, "typical_volume": 1988.9, "trend": 2.473333, "fair_value": 2.870972, "relative_strength": -1.454948, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.869914, "energy": 28.116031, "activity_lines": [ 2.414667, 2.457091, 2.459429, 2.464473 ] }, { "date": "2026-03-27", "close": 2.44, "volume": 1011, "typical_volume": 1902.25, "trend": 2.476667, "fair_value": 2.864021, "relative_strength": -0.904684, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.994666, "energy": 28.413683, "activity_lines": [ 2.414667, 2.450182, 2.459238, 2.462323 ] }, { "date": "2026-04-03", "close": 2.44, "volume": 100, "typical_volume": 1884.8, "trend": 2.478667, "fair_value": 2.857011, "relative_strength": -3.771478, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.885669, "energy": 24.909722, "activity_lines": [ 2.422667, 2.442909, 2.458762, 2.459957 ] }, { "date": "2026-04-10", "close": 2.4, "volume": 305, "typical_volume": 1893.75, "trend": 2.48, "fair_value": 2.849148, "relative_strength": -8.243608, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.700635, "energy": 21.387347, "activity_lines": [ 2.421333, 2.429818, 2.453905, 2.454882 ] }, { "date": "2026-04-17", "close": 2.24, "volume": 1371, "typical_volume": 1927.85, "trend": 2.472, "fair_value": 2.841571, "relative_strength": -15.420867, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.14536, "energy": 40.464625, "activity_lines": [ 2.361333, 2.390909, 2.433429, 2.439398 ] }, { "date": "2026-04-24", "close": 2.3, "volume": 2622, "typical_volume": 1725.4, "trend": 2.454667, "fair_value": 2.834378, "relative_strength": -9.867582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.399787, "energy": 45.400385, "activity_lines": [ 2.332, 2.369091, 2.419048, 2.428301 ] }, { "date": "2026-05-01", "close": 2.38, "volume": 860, "typical_volume": 1743.1, "trend": 2.442, "fair_value": 2.826506, "relative_strength": -5.835504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.772706, "energy": 40.585994, "activity_lines": [ 2.337333, 2.365091, 2.412952, 2.423484 ] }, { "date": "2026-05-08", "close": 2.32, "volume": 871, "typical_volume": 1658.9, "trend": 2.430667, "fair_value": 2.818488, "relative_strength": -7.767502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.225277, "energy": 43.398011, "activity_lines": [ 2.326667, 2.353455, 2.401619, 2.415613 ] }, { "date": "2026-05-15", "close": 2.08, "volume": 17570, "typical_volume": 2504.95, "trend": 2.412, "fair_value": 2.809646, "relative_strength": -15.126121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.07847, "energy": 54.973443, "activity_lines": [ 2.244, 2.301455, 2.368286, 2.392989 ] }, { "date": "2026-05-22", "close": 2.04, "volume": 628, "typical_volume": 2453.55, "trend": 2.393333, "fair_value": 2.800072, "relative_strength": -17.838349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.777976, "energy": 66.986023, "activity_lines": [ 2.169333, 2.246545, 2.332762, 2.368989 ] }, { "date": "2026-05-29", "close": 2.06, "volume": 8205, "typical_volume": 2808.1, "trend": 2.384667, "fair_value": 2.78991, "relative_strength": -17.107375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.297472, "energy": 73.250206, "activity_lines": [ 2.114667, 2.201818, 2.301143, 2.347484 ] }, { "date": "2026-06-05", "close": 2.06, "volume": 0, "typical_volume": 2652.55, "trend": 2.374, "fair_value": 2.77951, "relative_strength": -16.958375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.326845, "energy": 77.118238, "activity_lines": [ 2.076, 2.163636, 2.271238, 2.326538 ] }, { "date": "2026-06-12", "close": 2.18, "volume": 100, "typical_volume": 2528.8, "trend": 2.369333, "fair_value": 2.769163, "relative_strength": -13.030809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.463706, "energy": 69.802093, "activity_lines": [ 2.098667, 2.154182, 2.254476, 2.314022 ] }, { "date": "2026-06-19", "close": 2.08, "volume": 309, "typical_volume": 2501.8, "trend": 2.361333, "fair_value": 2.756984, "relative_strength": -17.10711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.7878, "energy": 53.319533, "activity_lines": [ 2.097333, 2.131273, 2.22981, 2.295355 ] }, { "date": "2026-06-26", "close": 2.12, "volume": 201, "typical_volume": 2359.35, "trend": 2.354667, "fair_value": 2.746343, "relative_strength": -14.692813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.479487, "energy": 40.317603, "activity_lines": [ 2.109333, 2.121455, 2.211333, 2.279785 ] }, { "date": "2026-07-03", "close": 2.04, "volume": 502, "typical_volume": 2143.2, "trend": 2.341333, "fair_value": 2.734676, "relative_strength": -18.665438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.522823, "energy": 40.284591, "activity_lines": [ 2.089333, 2.099273, 2.187429, 2.259484 ] }, { "date": "2026-07-10", "close": 2.06, "volume": 1039, "typical_volume": 2045.65, "trend": 2.327333, "fair_value": 2.722881, "relative_strength": -15.890044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.145488, "energy": 41.497488, "activity_lines": [ 2.077333, 2.085455, 2.167524, 2.241333 ] }, { "date": "2026-07-17", "close": 2.04, "volume": 513, "typical_volume": 2035.55, "trend": 2.312, "fair_value": 2.711599, "relative_strength": -16.448902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.247973, "energy": 43.461431, "activity_lines": [ 2.058667, 2.073818, 2.148095, 2.222796 ] }, { "date": "2026-07-24", "close": 2.0, "volume": 966, "typical_volume": 1984.15, "trend": 2.298, "fair_value": 2.700702, "relative_strength": -18.18937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.787143, "energy": 57.949182, "activity_lines": [ 2.036, 2.06, 2.127048, 2.202667 ] }, { "date": "2026-07-31", "close": 2.0, "volume": 5896, "typical_volume": 2153.75, "trend": 2.282667, "fair_value": 2.689804, "relative_strength": -19.19508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.482366, "energy": 62.893963, "activity_lines": [ 2.018667, 2.047636, 2.107524, 2.183441 ] }, { "date": "2026-08-07", "close": 2.0, "volume": 2546, "typical_volume": 2280.75, "trend": 2.268667, "fair_value": 2.679035, "relative_strength": -20.676513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.180031, "energy": 72.352003, "activity_lines": [ 2.009333, 2.036, 2.089905, 2.165204 ] } ], "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." } } }