{ "ticker": { "uuid": "6c5e5660-a463-4de4-959d-73a56210ba26", "symbol": "S", "name": "Singha Estate Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 63.123, "architecture_energy": 71.334, "architecture_maturity": 14.978, "architecture_confidence": 64.766, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 33.56, "rotation_up": 74.21, "upward_expansion": 88.5, "deceleration": 45.06, "rotation_down": 8.32, "downward_expansion": 15.16 }, "activity_lines": [ 0.548667, 0.528545, 0.512714, 0.510006 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 0.55, "trend_reference": 0.505876, "distance_from_trend": 0.087224, "trend_direction": "Improving", "fair_value": 0.68599, "distance_from_fair_value": -0.198239, "fair_value_direction": "Improving", "relative_strength": -7.478177, "relative_strength_direction": "Improving", "price_momentum": 0.15392, "excess_performance": -0.038405, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.087224, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014574, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.198239, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.138076, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.074782, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.093054, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.15392, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.766825, "read": "Demand-led" } ], "volume": { "latest": 16748600, "relative_activity": 1.234418, "balance": 1.766825, "dry_up": 3.173404, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.064336, "annualized_volatility": 0.338602, "from_high_reference": -0.143302, "from_low_reference": 0.203022 }, "levels": { "trend_reference": 0.505876, "fair_value_reference": 0.68599, "structural_low": 0.476636, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": -0.06, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.041161, "regime_survival": 0.333333, "best_return": 0.010638, "worst_return": -0.080162, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.200513, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.134779, "regime_survival": 0.0, "best_return": -0.161027, "worst_return": -0.24, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.405038, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.250038, "regime_survival": 0.0, "best_return": -0.38846, "worst_return": -0.421617, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.506139, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.360894, "regime_survival": 0.0, "best_return": -0.431765, "worst_return": -0.580514, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-17", "end": "2024-08-30", "tenure": "Established", "return": -0.084337, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-06", "end": "2024-10-04", "tenure": "Developing", "return": 0.178572, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-15", "tenure": "Developing", "return": -0.1, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2025-01-10", "tenure": "Developing", "return": -0.164835, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-14", "tenure": "Developing", "return": -0.014494, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-08-22", "tenure": "Extended", "return": -0.188236, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-10-03", "tenure": "Developing", "return": 0.074074, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-10", "end": "2025-10-17", "tenure": "New", "return": -0.035713, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-12-19", "tenure": "Developing", "return": -0.152542, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-16", "end": "2026-02-27", "tenure": "Developing", "return": 0.199998, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-06", "end": "2026-03-20", "tenure": "New", "return": -0.048114, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-07-10", "tenure": "Established", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.035088, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.074824, "volume": 19854200, "typical_volume": 14023410.0, "trend": 1.510858, "fair_value": 1.692058, "relative_strength": -29.603689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.752586, "energy": 75.128502, "activity_lines": [ 1.126366, 1.172193, 1.288891, 1.381298 ] }, { "date": "2023-08-25", "close": 1.140822, "volume": 28238000, "typical_volume": 14840640.0, "trend": 1.488568, "fair_value": 1.690761, "relative_strength": -26.731201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.96718, "energy": 65.338326, "activity_lines": [ 1.125737, 1.155222, 1.265859, 1.357424 ] }, { "date": "2023-09-01", "close": 1.084252, "volume": 82216000, "typical_volume": 18605090.0, "trend": 1.461905, "fair_value": 1.689221, "relative_strength": -29.869205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.060307, "energy": 66.872777, "activity_lines": [ 1.109394, 1.135337, 1.239774, 1.331339 ] }, { "date": "2023-09-08", "close": 1.074824, "volume": 19210300, "typical_volume": 18656540.0, "trend": 1.435549, "fair_value": 1.687919, "relative_strength": -29.325756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.482805, "energy": 66.955998, "activity_lines": [ 1.094938, 1.120251, 1.21544, 1.306366 ] }, { "date": "2023-09-15", "close": 1.046539, "volume": 27096600, "typical_volume": 19609275.0, "trend": 1.410427, "fair_value": 1.686736, "relative_strength": -30.43951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.757567, "energy": 66.787617, "activity_lines": [ 1.076081, 1.102423, 1.190747, 1.281269 ] }, { "date": "2023-09-22", "close": 1.046539, "volume": 14992600, "typical_volume": 20204795.0, "trend": 1.384994, "fair_value": 1.685731, "relative_strength": -29.017456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.221452, "energy": 68.134953, "activity_lines": [ 1.06351, 1.087509, 1.168344, 1.257792 ] }, { "date": "2023-09-29", "close": 1.008826, "volume": 12881100, "typical_volume": 20469155.0, "trend": 1.358615, "fair_value": 1.684425, "relative_strength": -28.654522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.947974, "energy": 90.440616, "activity_lines": [ 1.040254, 1.068996, 1.144593, 1.233523 ] }, { "date": "2023-10-06", "close": 0.942828, "volume": 19058900, "typical_volume": 20771880.0, "trend": 1.332845, "fair_value": 1.682576, "relative_strength": -31.216184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.317288, "energy": 93.804542, "activity_lines": [ 1.003798, 1.041739, 1.117206, 1.206698 ] }, { "date": "2023-10-13", "close": 0.961685, "volume": 13544600, "typical_volume": 20733685.0, "trend": 1.309903, "fair_value": 1.681028, "relative_strength": -29.842364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.434623, "energy": 89.160053, "activity_lines": [ 0.983055, 1.021854, 1.093905, 1.182753 ] }, { "date": "2023-10-20", "close": 0.886258, "volume": 19262300, "typical_volume": 20996060.0, "trend": 1.282561, "fair_value": 1.679893, "relative_strength": -32.365365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.654768, "energy": 93.869655, "activity_lines": [ 0.944714, 0.991684, 1.065575, 1.155421 ] }, { "date": "2023-10-27", "close": 0.857974, "volume": 23498900, "typical_volume": 21467240.0, "trend": 1.25679, "fair_value": 1.678756, "relative_strength": -33.407006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.96424, "energy": 78.51894, "activity_lines": [ 0.907629, 0.960999, 1.037291, 1.128028 ] }, { "date": "2023-11-03", "close": 0.886258, "volume": 12695400, "typical_volume": 21669525.0, "trend": 1.231962, "fair_value": 1.677441, "relative_strength": -32.125015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.539314, "energy": 68.851499, "activity_lines": [ 0.892544, 0.9394, 1.015067, 1.104123 ] }, { "date": "2023-11-10", "close": 0.848545, "volume": 14976400, "typical_volume": 21946745.0, "trend": 1.205563, "fair_value": 1.675108, "relative_strength": -32.94794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.246121, "energy": 70.651146, "activity_lines": [ 0.873059, 0.915572, 0.992394, 1.079386 ] }, { "date": "2023-11-17", "close": 0.886258, "volume": 13581900, "typical_volume": 20057550.0, "trend": 1.182935, "fair_value": 1.672478, "relative_strength": -30.635436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.105249, "energy": 65.820632, "activity_lines": [ 0.87243, 0.902886, 0.976141, 1.058786 ] }, { "date": "2023-11-24", "close": 0.839117, "volume": 22616600, "typical_volume": 20433095.0, "trend": 1.159993, "fair_value": 1.66841, "relative_strength": -32.814585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.664288, "energy": 66.853642, "activity_lines": [ 0.861116, 0.885058, 0.956926, 1.036604 ] }, { "date": "2023-12-01", "close": 0.820261, "volume": 22210300, "typical_volume": 20923875.0, "trend": 1.136737, "fair_value": 1.664281, "relative_strength": -32.866198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.821154, "energy": 67.930595, "activity_lines": [ 0.84666, 0.867573, 0.937665, 1.014686 ] }, { "date": "2023-12-08", "close": 0.87683, "volume": 182102400, "typical_volume": 29407855.0, "trend": 1.113794, "fair_value": 1.660574, "relative_strength": -27.616401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.944353, "energy": 56.350567, "activity_lines": [ 0.853574, 0.864488, 0.925722, 0.997918 ] }, { "date": "2023-12-15", "close": 0.839117, "volume": 60999200, "typical_volume": 31844565.0, "trend": 1.094309, "fair_value": 1.654832, "relative_strength": -30.533913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.387065, "energy": 55.190966, "activity_lines": [ 0.848545, 0.856945, 0.91167, 0.980197 ] }, { "date": "2023-12-22", "close": 0.848545, "volume": 39239400, "typical_volume": 33244265.0, "trend": 1.075453, "fair_value": 1.650406, "relative_strength": -29.745154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.535764, "energy": 49.278595, "activity_lines": [ 0.847288, 0.853002, 0.900042, 0.964341 ] }, { "date": "2023-12-29", "close": 0.839117, "volume": 11924300, "typical_volume": 33009970.0, "trend": 1.05471, "fair_value": 1.646218, "relative_strength": -30.366014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.167882, "energy": 46.063605, "activity_lines": [ 0.845402, 0.849402, 0.888952, 0.949093 ] }, { "date": "2024-01-05", "close": 0.886258, "volume": 71548100, "typical_volume": 35594665.0, "trend": 1.032083, "fair_value": 1.642034, "relative_strength": -26.348655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.58809, "energy": 37.131205, "activity_lines": [ 0.85923, 0.855231, 0.883789, 0.938225 ] }, { "date": "2024-01-12", "close": 0.829689, "volume": 43599900, "typical_volume": 36362760.0, "trend": 1.008198, "fair_value": 1.636948, "relative_strength": -29.568773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.879697, "energy": 41.259918, "activity_lines": [ 0.849802, 0.850259, 0.874136, 0.925168 ] }, { "date": "2024-01-19", "close": 0.801404, "volume": 34319400, "typical_volume": 33967930.0, "trend": 0.986827, "fair_value": 1.632101, "relative_strength": -29.651127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.567818, "energy": 45.957585, "activity_lines": [ 0.834089, 0.841174, 0.863271, 0.911826 ] }, { "date": "2024-01-26", "close": 0.773119, "volume": 23416600, "typical_volume": 34178245.0, "trend": 0.97237, "fair_value": 1.62737, "relative_strength": -30.5937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.959946, "energy": 52.066624, "activity_lines": [ 0.811461, 0.827803, 0.851059, 0.898039 ] }, { "date": "2024-02-02", "close": 0.763691, "volume": 22819000, "typical_volume": 33964365.0, "trend": 0.957599, "fair_value": 1.622579, "relative_strength": -31.313842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.650117, "energy": 70.316788, "activity_lines": [ 0.790719, 0.814775, 0.839386, 0.884575 ] }, { "date": "2024-02-09", "close": 0.782547, "volume": 25551000, "typical_volume": 34492285.0, "trend": 0.942828, "fair_value": 1.61767, "relative_strength": -28.887089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.397749, "energy": 68.808917, "activity_lines": [ 0.78129, 0.806547, 0.830856, 0.873282 ] }, { "date": "2024-02-16", "close": 0.763691, "volume": 11761600, "typical_volume": 34436310.0, "trend": 0.928686, "fair_value": 1.61288, "relative_strength": -29.574426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.746168, "energy": 70.698404, "activity_lines": [ 0.772491, 0.795576, 0.821787, 0.861725 ] }, { "date": "2024-02-23", "close": 0.791976, "volume": 13441900, "typical_volume": 34155460.0, "trend": 0.916429, "fair_value": 1.608031, "relative_strength": -26.610091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.791208, "energy": 49.843256, "activity_lines": [ 0.777519, 0.791804, 0.816579, 0.852905 ] }, { "date": "2024-03-01", "close": 0.791976, "volume": 32875300, "typical_volume": 35121995.0, "trend": 0.904486, "fair_value": 1.602166, "relative_strength": -23.935796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.780817, "energy": 40.352616, "activity_lines": [ 0.783176, 0.78889, 0.812089, 0.844875 ] }, { "date": "2024-03-08", "close": 0.848545, "volume": 22966000, "typical_volume": 35307180.0, "trend": 0.894744, "fair_value": 1.595946, "relative_strength": -18.673379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.873436, "energy": 23.805956, "activity_lines": [ 0.806432, 0.79729, 0.813795, 0.841266 ] }, { "date": "2024-03-15", "close": 0.872353, "volume": 16986800, "typical_volume": 34981575.0, "trend": 0.887995, "fair_value": 1.589221, "relative_strength": -15.448683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.875215, "energy": 15.373929, "activity_lines": [ 0.831968, 0.809847, 0.817948, 0.839822 ] }, { "date": "2024-03-22", "close": 0.824422, "volume": 15291000, "typical_volume": 35111355.0, "trend": 0.877448, "fair_value": 1.581113, "relative_strength": -18.808522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.353916, "energy": 19.284068, "activity_lines": [ 0.835539, 0.813942, 0.817468, 0.83572 ] }, { "date": "2024-03-29", "close": 0.814835, "volume": 4201600, "typical_volume": 34572615.0, "trend": 0.868468, "fair_value": 1.573301, "relative_strength": -18.673891, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.195642, "energy": 15.506408, "activity_lines": [ 0.831866, 0.81639, 0.816369, 0.831681 ] }, { "date": "2024-04-05", "close": 0.795663, "volume": 7944800, "typical_volume": 34290760.0, "trend": 0.859162, "fair_value": 1.565846, "relative_strength": -19.480419, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.221003, "energy": 13.186757, "activity_lines": [ 0.820278, 0.815107, 0.813605, 0.826984 ] }, { "date": "2024-04-12", "close": 0.814835, "volume": 4070200, "typical_volume": 33363440.0, "trend": 0.851439, "fair_value": 1.55917, "relative_strength": -17.785816, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.882308, "energy": 16.353741, "activity_lines": [ 0.814835, 0.816901, 0.813098, 0.824124 ] }, { "date": "2024-04-19", "close": 0.814835, "volume": 0, "typical_volume": 32252925.0, "trend": 0.843715, "fair_value": 1.552077, "relative_strength": -12.890654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.930909, "energy": 18.5512, "activity_lines": [ 0.81164, 0.817765, 0.812707, 0.821762 ] }, { "date": "2024-04-26", "close": 0.786076, "volume": 13106600, "typical_volume": 23803135.0, "trend": 0.83629, "fair_value": 1.54456, "relative_strength": -16.726949, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.624285, "energy": 27.438742, "activity_lines": [ 0.802692, 0.812813, 0.809602, 0.818044 ] }, { "date": "2024-05-03", "close": 0.786076, "volume": 6174700, "typical_volume": 21061910.0, "trend": 0.831065, "fair_value": 1.536205, "relative_strength": -16.36933, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.514125, "energy": 33.030209, "activity_lines": [ 0.796301, 0.807453, 0.80693, 0.814804 ] }, { "date": "2024-05-10", "close": 0.766904, "volume": 17049000, "typical_volume": 19952390.0, "trend": 0.824573, "fair_value": 1.529163, "relative_strength": -17.501558, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.574338, "energy": 50.251656, "activity_lines": [ 0.785437, 0.798716, 0.802685, 0.810665 ] }, { "date": "2024-05-17", "close": 0.795663, "volume": 17085800, "typical_volume": 20210465.0, "trend": 0.821553, "fair_value": 1.521827, "relative_strength": -14.187866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.672591, "energy": 44.506904, "activity_lines": [ 0.786076, 0.795663, 0.801567, 0.808799 ] }, { "date": "2024-05-24", "close": 0.786076, "volume": 4559400, "typical_volume": 16861030.0, "trend": 0.819156, "fair_value": 1.513951, "relative_strength": -13.22569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.509776, "energy": 39.816852, "activity_lines": [ 0.784798, 0.791828, 0.799743, 0.806511 ] }, { "date": "2024-05-31", "close": 0.77649, "volume": 5703700, "typical_volume": 14966220.0, "trend": 0.815497, "fair_value": 1.504937, "relative_strength": -12.124518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.628715, "energy": 42.250713, "activity_lines": [ 0.782242, 0.787819, 0.797483, 0.803758 ] }, { "date": "2024-06-07", "close": 0.738145, "volume": 21517300, "typical_volume": 14326115.0, "trend": 0.811817, "fair_value": 1.495319, "relative_strength": -14.52127, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.246836, "energy": 58.147684, "activity_lines": [ 0.767543, 0.77771, 0.791824, 0.798767 ] }, { "date": "2024-06-14", "close": 0.709386, "volume": 14813800, "typical_volume": 13895975.0, "trend": 0.805921, "fair_value": 1.486832, "relative_strength": -15.074812, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.529222, "energy": 78.839836, "activity_lines": [ 0.746453, 0.763766, 0.783728, 0.792159 ] }, { "date": "2024-06-21", "close": 0.728559, "volume": 3739100, "typical_volume": 12941980.0, "trend": 0.802236, "fair_value": 1.478826, "relative_strength": -11.70584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.842848, "energy": 80.239599, "activity_lines": [ 0.735589, 0.754877, 0.777761, 0.787168 ] }, { "date": "2024-06-28", "close": 0.728559, "volume": 2352500, "typical_volume": 11782055.0, "trend": 0.799179, "fair_value": 1.47106, "relative_strength": -10.675426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.056233, "energy": 81.676055, "activity_lines": [ 0.729198, 0.747557, 0.771962, 0.782415 ] }, { "date": "2024-07-05", "close": 0.747731, "volume": 3455500, "typical_volume": 11366750.0, "trend": 0.794876, "fair_value": 1.464014, "relative_strength": -8.422115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.363253, "energy": 75.991653, "activity_lines": [ 0.733032, 0.745291, 0.768246, 0.779095 ] }, { "date": "2024-07-12", "close": 0.747731, "volume": 2261900, "typical_volume": 10807750.0, "trend": 0.79183, "fair_value": 1.45661, "relative_strength": -9.109278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.94474, "energy": 49.062421, "activity_lines": [ 0.738784, 0.743722, 0.764605, 0.776054 ] }, { "date": "2024-07-19", "close": 0.718972, "volume": 5864800, "typical_volume": 9457225.0, "trend": 0.787511, "fair_value": 1.449619, "relative_strength": -10.976193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.844235, "energy": 48.022933, "activity_lines": [ 0.73431, 0.737622, 0.758437, 0.771353 ] }, { "date": "2024-07-26", "close": 0.718972, "volume": 4985000, "typical_volume": 8558175.0, "trend": 0.783506, "fair_value": 1.442987, "relative_strength": -9.729628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.257016, "energy": 46.765596, "activity_lines": [ 0.729197, 0.732393, 0.752616, 0.766931 ] }, { "date": "2024-08-02", "close": 0.709386, "volume": 2780600, "typical_volume": 7847865.0, "trend": 0.77761, "fair_value": 1.436533, "relative_strength": -10.735966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.510169, "energy": 52.156568, "activity_lines": [ 0.721528, 0.726816, 0.746499, 0.762149 ] }, { "date": "2024-08-09", "close": 0.671041, "volume": 8041300, "typical_volume": 7485380.0, "trend": 0.772322, "fair_value": 1.429654, "relative_strength": -13.901101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.619178, "energy": 79.187315, "activity_lines": [ 0.702356, 0.715661, 0.737506, 0.755274 ] }, { "date": "2024-08-16", "close": 0.690213, "volume": 3580300, "typical_volume": 7454315.0, "trend": 0.768616, "fair_value": 1.422299, "relative_strength": -11.339681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.421067, "energy": 79.494973, "activity_lines": [ 0.694687, 0.709909, 0.731069, 0.749977 ] }, { "date": "2024-08-23", "close": 0.718972, "volume": 6892700, "typical_volume": 7401710.0, "trend": 0.766811, "fair_value": 1.414232, "relative_strength": -10.604142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.731953, "energy": 62.833025, "activity_lines": [ 0.700439, 0.710257, 0.727965, 0.746774 ] }, { "date": "2024-08-30", "close": 0.728559, "volume": 15901900, "typical_volume": 7993295.0, "trend": 0.76564, "fair_value": 1.406586, "relative_strength": -9.226564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.19135, "energy": 43.128619, "activity_lines": [ 0.709386, 0.712175, 0.726139, 0.744306 ] }, { "date": "2024-09-06", "close": 0.805249, "volume": 16667800, "typical_volume": 8826685.0, "trend": 0.766396, "fair_value": 1.39943, "relative_strength": -4.082221, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -1.944227, "energy": 13.132961, "activity_lines": [ 0.743258, 0.728036, 0.732028, 0.746861 ] }, { "date": "2024-09-13", "close": 0.843594, "volume": 22629600, "typical_volume": 9302835.0, "trend": 0.76906, "fair_value": 1.392521, "relative_strength": 1.000011, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.078752, "energy": 43.305823, "activity_lines": [ 0.78352, 0.749474, 0.741614, 0.751842 ] }, { "date": "2024-09-20", "close": 0.843594, "volume": 0, "typical_volume": 8994100.0, "trend": 0.77078, "fair_value": 1.385612, "relative_strength": -0.552898, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.803678, "energy": 55.516263, "activity_lines": [ 0.812279, 0.76917, 0.750927, 0.75665 ] }, { "date": "2024-09-27", "close": 0.968216, "volume": 33426900, "typical_volume": 9812995.0, "trend": 0.776655, "fair_value": 1.379621, "relative_strength": 14.326885, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 66.592052, "energy": 85.011489, "activity_lines": [ 0.872353, 0.809781, 0.771834, 0.769388 ] }, { "date": "2024-10-04", "close": 0.949044, "volume": 16764300, "typical_volume": 9796920.0, "trend": 0.780005, "fair_value": 1.373029, "relative_strength": 12.51466, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 84.436819, "energy": 93.887786, "activity_lines": [ 0.90942, 0.842374, 0.789957, 0.78051 ] }, { "date": "2024-10-11", "close": 0.95863, "volume": 13884600, "typical_volume": 10263180.0, "trend": 0.782881, "fair_value": 1.366618, "relative_strength": 11.692447, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.291222, "energy": 91.917715, "activity_lines": [ 0.934984, 0.872527, 0.808262, 0.792034 ] }, { "date": "2024-10-18", "close": 0.929871, "volume": 11293100, "typical_volume": 10542650.0, "trend": 0.786396, "fair_value": 1.360022, "relative_strength": 6.939956, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.949834, "energy": 86.778648, "activity_lines": [ 0.940736, 0.89292, 0.823006, 0.801518 ] }, { "date": "2024-10-25", "close": 0.910698, "volume": 4249800, "typical_volume": 9679275.0, "trend": 0.789591, "fair_value": 1.353782, "relative_strength": 6.609355, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.570276, "energy": 69.46498, "activity_lines": [ 0.934345, 0.905121, 0.835195, 0.809537 ] }, { "date": "2024-11-01", "close": 0.949044, "volume": 9609600, "typical_volume": 9419065.0, "trend": 0.794704, "fair_value": 1.348505, "relative_strength": 10.95382, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.23635, "energy": 60.677458, "activity_lines": [ 0.936262, 0.920285, 0.850213, 0.819824 ] }, { "date": "2024-11-08", "close": 0.901112, "volume": 28459800, "typical_volume": 10655100.0, "trend": 0.79758, "fair_value": 1.342622, "relative_strength": 5.296797, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.959447, "energy": 46.296047, "activity_lines": [ 0.92348, 0.922551, 0.859526, 0.826689 ] }, { "date": "2024-11-15", "close": 0.862767, "volume": 8421700, "typical_volume": 10958560.0, "trend": 0.799178, "fair_value": 1.336494, "relative_strength": 2.451928, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.883003, "energy": 32.027686, "activity_lines": [ 0.901112, 0.914707, 0.864365, 0.830895 ] }, { "date": "2024-11-22", "close": 0.872353, "volume": 6395300, "typical_volume": 11105550.0, "trend": 0.802054, "fair_value": 1.331024, "relative_strength": 3.318226, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.932984, "energy": 24.714916, "activity_lines": [ 0.88833, 0.907561, 0.869477, 0.835616 ] }, { "date": "2024-11-29", "close": 0.862767, "volume": 5745800, "typical_volume": 11279745.0, "trend": 0.80461, "fair_value": 1.325733, "relative_strength": 3.491249, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.505382, "energy": 23.343634, "activity_lines": [ 0.876188, 0.898149, 0.873084, 0.839533 ] }, { "date": "2024-12-06", "close": 0.910698, "volume": 10369200, "typical_volume": 11504965.0, "trend": 0.809403, "fair_value": 1.320569, "relative_strength": 7.4307, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.600962, "energy": 23.104988, "activity_lines": [ 0.883218, 0.897103, 0.880707, 0.846377 ] }, { "date": "2024-12-13", "close": 0.891526, "volume": 4348800, "typical_volume": 11473155.0, "trend": 0.812599, "fair_value": 1.314206, "relative_strength": 6.591143, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.294825, "energy": 18.409011, "activity_lines": [ 0.886413, 0.893617, 0.885591, 0.851676 ] }, { "date": "2024-12-20", "close": 0.872353, "volume": 6748200, "typical_volume": 11671535.0, "trend": 0.815474, "fair_value": 1.307899, "relative_strength": 9.261019, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.658183, "energy": 13.903944, "activity_lines": [ 0.883857, 0.887691, 0.887828, 0.855531 ] }, { "date": "2024-12-27", "close": 0.862767, "volume": 4313100, "typical_volume": 11485125.0, "trend": 0.81835, "fair_value": 1.301352, "relative_strength": 5.175113, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.331937, "energy": 14.667009, "activity_lines": [ 0.877466, 0.881591, 0.888376, 0.858582 ] }, { "date": "2025-01-03", "close": 0.85318, "volume": 2255100, "typical_volume": 11418865.0, "trend": 0.822185, "fair_value": 1.294983, "relative_strength": 5.276364, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.054924, "energy": 10.730165, "activity_lines": [ 0.868518, 0.874968, 0.887098, 0.860829 ] }, { "date": "2025-01-10", "close": 0.728559, "volume": 10000600, "typical_volume": 11574260.0, "trend": 0.822824, "fair_value": 1.287695, "relative_strength": -8.836003, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.033383, "energy": 43.357456, "activity_lines": [ 0.81867, 0.846732, 0.873175, 0.854789 ] }, { "date": "2025-01-17", "close": 0.661455, "volume": 30910600, "typical_volume": 12324695.0, "trend": 0.820587, "fair_value": 1.280156, "relative_strength": -15.30297, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.772664, "energy": 68.730765, "activity_lines": [ 0.758596, 0.810304, 0.852815, 0.844378 ] }, { "date": "2025-01-24", "close": 0.6998, "volume": 11593100, "typical_volume": 12070960.0, "trend": 0.819628, "fair_value": 1.273042, "relative_strength": -11.140827, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.923432, "energy": 70.60063, "activity_lines": [ 0.726642, 0.785205, 0.836427, 0.836585 ] }, { "date": "2025-01-31", "close": 0.680627, "volume": 5902800, "typical_volume": 11234620.0, "trend": 0.817392, "fair_value": 1.265566, "relative_strength": -10.873615, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.385817, "energy": 75.256286, "activity_lines": [ 0.6998, 0.759583, 0.818716, 0.827617 ] }, { "date": "2025-02-07", "close": 0.651868, "volume": 7959500, "typical_volume": 11632595.0, "trend": 0.814196, "fair_value": 1.258205, "relative_strength": -12.321484, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.381483, "energy": 80.107165, "activity_lines": [ 0.675514, 0.732219, 0.799041, 0.816938 ] }, { "date": "2025-02-14", "close": 0.651868, "volume": 4837000, "typical_volume": 10203100.0, "trend": 0.811959, "fair_value": 1.250665, "relative_strength": -11.520076, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.012625, "energy": 85.834688, "activity_lines": [ 0.66465, 0.708689, 0.780279, 0.806465 ] }, { "date": "2025-02-21", "close": 0.671041, "volume": 6522200, "typical_volume": 9690995.0, "trend": 0.810362, "fair_value": 1.243307, "relative_strength": -6.93896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.293812, "energy": 78.349409, "activity_lines": [ 0.665289, 0.693351, 0.76485, 0.797374 ] }, { "date": "2025-02-28", "close": 0.680627, "volume": 4491400, "typical_volume": 9221335.0, "trend": 0.809403, "fair_value": 1.235951, "relative_strength": -2.233036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.023794, "energy": 63.230225, "activity_lines": [ 0.668484, 0.683764, 0.751657, 0.789004 ] }, { "date": "2025-03-07", "close": 0.671041, "volume": 6560100, "typical_volume": 8984685.0, "trend": 0.809403, "fair_value": 1.228773, "relative_strength": -3.301545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.053075, "energy": 53.244313, "activity_lines": [ 0.669763, 0.675921, 0.738875, 0.780077 ] }, { "date": "2025-03-14", "close": 0.661455, "volume": 16819300, "typical_volume": 9613160.0, "trend": 0.808445, "fair_value": 1.221054, "relative_strength": -2.172611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.119779, "energy": 49.484868, "activity_lines": [ 0.668485, 0.669821, 0.726413, 0.770532 ] }, { "date": "2025-03-21", "close": 0.671182, "volume": 10285000, "typical_volume": 9646930.0, "trend": 0.806852, "fair_value": 1.213638, "relative_strength": -1.706181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.601123, "energy": 40.965363, "activity_lines": [ 0.66981, 0.668975, 0.716064, 0.761677 ] }, { "date": "2025-03-28", "close": 0.642, "volume": 5672600, "typical_volume": 8507570.0, "trend": 0.803966, "fair_value": 1.206034, "relative_strength": -4.943712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.711884, "energy": 47.458116, "activity_lines": [ 0.66012, 0.663867, 0.704259, 0.751041 ] }, { "date": "2025-04-04", "close": 0.593364, "volume": 7943300, "typical_volume": 8483650.0, "trend": 0.796903, "fair_value": 1.198119, "relative_strength": -8.065026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.204864, "energy": 54.838587, "activity_lines": [ 0.636154, 0.650269, 0.689056, 0.737454 ] }, { "date": "2025-04-11", "close": 0.554455, "volume": 4195500, "typical_volume": 8373660.0, "trend": 0.787265, "fair_value": 1.190133, "relative_strength": -14.090329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.157555, "energy": 79.823984, "activity_lines": [ 0.605037, 0.631532, 0.67143, 0.721812 ] }, { "date": "2025-04-18", "close": 0.603091, "volume": 3618000, "typical_volume": 8267270.0, "trend": 0.779249, "fair_value": 1.182041, "relative_strength": -8.093079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.772336, "energy": 79.70539, "activity_lines": [ 0.597903, 0.623932, 0.65995, 0.70993 ] }, { "date": "2025-04-25", "close": 0.622545, "volume": 4339600, "typical_volume": 7965790.0, "trend": 0.767726, "fair_value": 1.174253, "relative_strength": -5.657274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.161926, "energy": 76.55216, "activity_lines": [ 0.601145, 0.620756, 0.65156, 0.69982 ] }, { "date": "2025-05-02", "close": 0.661455, "volume": 5996500, "typical_volume": 8048175.0, "trend": 0.75814, "fair_value": 1.166953, "relative_strength": -3.030707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.556875, "energy": 47.184421, "activity_lines": [ 0.6206, 0.625188, 0.648247, 0.692964 ] }, { "date": "2025-05-09", "close": 0.632273, "volume": 12336300, "typical_volume": 8327580.0, "trend": 0.747261, "fair_value": 1.160184, "relative_strength": -8.109726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.549225, "energy": 30.885917, "activity_lines": [ 0.62903, 0.624489, 0.64325, 0.684843 ] }, { "date": "2025-05-16", "close": 0.593364, "volume": 6930300, "typical_volume": 8458440.0, "trend": 0.736044, "fair_value": 1.152806, "relative_strength": -12.435682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.747019, "energy": 32.57902, "activity_lines": [ 0.621897, 0.617594, 0.635691, 0.674914 ] }, { "date": "2025-05-23", "close": 0.593364, "volume": 3059600, "typical_volume": 8498665.0, "trend": 0.725467, "fair_value": 1.144831, "relative_strength": -10.773785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.745664, "energy": 33.571867, "activity_lines": [ 0.61217, 0.612111, 0.629415, 0.665709 ] }, { "date": "2025-05-30", "close": 0.564182, "volume": 4920900, "typical_volume": 8244680.0, "trend": 0.712638, "fair_value": 1.136489, "relative_strength": -12.900351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.474923, "energy": 48.453157, "activity_lines": [ 0.593364, 0.602561, 0.621597, 0.655304 ] }, { "date": "2025-06-06", "close": 0.564182, "volume": 5741800, "typical_volume": 6986240.0, "trend": 0.701407, "fair_value": 1.128447, "relative_strength": -11.750313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.778321, "energy": 62.645091, "activity_lines": [ 0.578449, 0.594956, 0.614562, 0.645726 ] }, { "date": "2025-06-13", "close": 0.535, "volume": 4502300, "typical_volume": 6631700.0, "trend": 0.690481, "fair_value": 1.120576, "relative_strength": -15.0988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.597841, "energy": 74.853341, "activity_lines": [ 0.560291, 0.58346, 0.60521, 0.63499 ] }, { "date": "2025-06-20", "close": 0.496091, "volume": 4556900, "typical_volume": 6564405.0, "trend": 0.677939, "fair_value": 1.112276, "relative_strength": -16.947903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.541259, "energy": 85.931508, "activity_lines": [ 0.535649, 0.565951, 0.592938, 0.622449 ] }, { "date": "2025-06-27", "close": 0.418273, "volume": 10627000, "typical_volume": 6697780.0, "trend": 0.663123, "fair_value": 1.103477, "relative_strength": -30.517871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.93202, "energy": 94.579272, "activity_lines": [ 0.491552, 0.535354, 0.574133, 0.605696 ] }, { "date": "2025-07-04", "close": 0.457182, "volume": 11018100, "typical_volume": 7006835.0, "trend": 0.648006, "fair_value": 1.094988, "relative_strength": -26.18602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.03355, "energy": 89.84313, "activity_lines": [ 0.472097, 0.515192, 0.560147, 0.592409 ] }, { "date": "2025-07-11", "close": 0.466909, "volume": 4124900, "typical_volume": 6886970.0, "trend": 0.633852, "fair_value": 1.08674, "relative_strength": -24.314278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.825928, "energy": 87.025449, "activity_lines": [ 0.463018, 0.499805, 0.548013, 0.580726 ] }, { "date": "2025-07-18", "close": 0.505818, "volume": 11862500, "typical_volume": 7255525.0, "trend": 0.621634, "fair_value": 1.078682, "relative_strength": -23.475179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.860178, "energy": 77.922788, "activity_lines": [ 0.473394, 0.49503, 0.540558, 0.572466 ] }, { "date": "2025-07-25", "close": 0.505818, "volume": 8735600, "typical_volume": 7364300.0, "trend": 0.609736, "fair_value": 1.070683, "relative_strength": -23.780056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.716994, "energy": 55.137516, "activity_lines": [ 0.485715, 0.492554, 0.533935, 0.564994 ] }, { "date": "2025-08-01", "close": 0.525273, "volume": 17654800, "typical_volume": 7406075.0, "trend": 0.598805, "fair_value": 1.06275, "relative_strength": -20.619637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.988439, "energy": 37.685397, "activity_lines": [ 0.503873, 0.495207, 0.529951, 0.559544 ] }, { "date": "2025-08-08", "close": 0.544727, "volume": 8958200, "typical_volume": 7339735.0, "trend": 0.592678, "fair_value": 1.054881, "relative_strength": -20.10373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.939754, "energy": 26.68704, "activity_lines": [ 0.521382, 0.502635, 0.528469, 0.556055 ] }, { "date": "2025-08-15", "close": 0.525273, "volume": 10634200, "typical_volume": 7587815.0, "trend": 0.588138, "fair_value": 1.046888, "relative_strength": -22.669176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.801253, "energy": 26.346827, "activity_lines": [ 0.52657, 0.506879, 0.525736, 0.551707 ] }, { "date": "2025-08-22", "close": 0.544727, "volume": 29803900, "typical_volume": 8680845.0, "trend": 0.582969, "fair_value": 1.03878, "relative_strength": -19.142406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.151208, "energy": 25.00453, "activity_lines": [ 0.534351, 0.515369, 0.525412, 0.548906 ] }, { "date": "2025-08-29", "close": 0.525273, "volume": 6641100, "typical_volume": 8803125.0, "trend": 0.577791, "fair_value": 1.030668, "relative_strength": -20.656124, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.433428, "energy": 20.539802, "activity_lines": [ 0.533055, 0.520144, 0.523466, 0.545184 ] }, { "date": "2025-09-05", "close": 0.505818, "volume": 12633200, "typical_volume": 9253885.0, "trend": 0.572922, "fair_value": 1.02261, "relative_strength": -24.854759, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.230015, "energy": 15.286152, "activity_lines": [ 0.523976, 0.520851, 0.519807, 0.54054 ] }, { "date": "2025-09-12", "close": 0.525273, "volume": 8598200, "typical_volume": 9466815.0, "trend": 0.568703, "fair_value": 1.014915, "relative_strength": -23.186177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.990338, "energy": 16.04704, "activity_lines": [ 0.522679, 0.523504, 0.518464, 0.537466 ] }, { "date": "2025-09-19", "close": 0.583636, "volume": 107792100, "typical_volume": 14556595.0, "trend": 0.565789, "fair_value": 1.007476, "relative_strength": -14.187292, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.515803, "energy": 6.867754, "activity_lines": [ 0.542133, 0.535531, 0.523142, 0.53843 ] }, { "date": "2025-09-26", "close": 0.573909, "volume": 21220000, "typical_volume": 15000780.0, "trend": 0.562232, "fair_value": 1.000272, "relative_strength": -14.007026, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.67589, "energy": 12.156191, "activity_lines": [ 0.554454, 0.543666, 0.527264, 0.538953 ] }, { "date": "2025-10-03", "close": 0.564182, "volume": 5861300, "typical_volume": 14947330.0, "trend": 0.55867, "fair_value": 0.993007, "relative_strength": -15.750203, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.444361, "energy": 30.319614, "activity_lines": [ 0.561588, 0.548795, 0.530739, 0.539079 ] }, { "date": "2025-10-10", "close": 0.544727, "volume": 7472000, "typical_volume": 15167950.0, "trend": 0.554779, "fair_value": 0.985677, "relative_strength": -17.535376, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.934775, "energy": 28.187447, "activity_lines": [ 0.559642, 0.549326, 0.532499, 0.53818 ] }, { "date": "2025-10-17", "close": 0.525273, "volume": 6790500, "typical_volume": 15261430.0, "trend": 0.549915, "fair_value": 0.978102, "relative_strength": -19.065719, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -12.433279, "energy": 11.420093, "activity_lines": [ 0.548618, 0.545965, 0.532638, 0.536276 ] }, { "date": "2025-10-24", "close": 0.573909, "volume": 15264800, "typical_volume": 15737580.0, "trend": 0.547646, "fair_value": 0.970959, "relative_strength": -13.611543, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.708737, "energy": 12.948617, "activity_lines": [ 0.553806, 0.551802, 0.537594, 0.537824 ] }, { "date": "2025-10-31", "close": 0.535, "volume": 9151000, "typical_volume": 15970015.0, "trend": 0.5457, "fair_value": 0.963327, "relative_strength": -18.453956, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.586714, "energy": 5.030517, "activity_lines": [ 0.546673, 0.549679, 0.538798, 0.537008 ] }, { "date": "2025-11-07", "close": 0.525273, "volume": 2375100, "typical_volume": 15860925.0, "trend": 0.544727, "fair_value": 0.955393, "relative_strength": -18.871221, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.642767, "energy": 7.867569, "activity_lines": [ 0.538891, 0.545965, 0.539076, 0.53569 ] }, { "date": "2025-11-14", "close": 0.505818, "volume": 4445400, "typical_volume": 15551845.0, "trend": 0.541485, "fair_value": 0.947694, "relative_strength": -19.180794, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.514963, "energy": 19.755737, "activity_lines": [ 0.527218, 0.538714, 0.537362, 0.53318 ] }, { "date": "2025-11-21", "close": 0.505818, "volume": 2034400, "typical_volume": 15102660.0, "trend": 0.537594, "fair_value": 0.939995, "relative_strength": -17.580747, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.038949, "energy": 34.028237, "activity_lines": [ 0.518139, 0.531463, 0.535232, 0.530879 ] }, { "date": "2025-11-28", "close": 0.505818, "volume": 4894000, "typical_volume": 15141115.0, "trend": 0.532406, "fair_value": 0.932295, "relative_strength": -17.072906, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.13651, "energy": 36.504458, "activity_lines": [ 0.510357, 0.524565, 0.532869, 0.528829 ] }, { "date": "2025-12-05", "close": 0.486364, "volume": 3154300, "typical_volume": 14705705.0, "trend": 0.527542, "fair_value": 0.924471, "relative_strength": -20.559158, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.190261, "energy": 48.188144, "activity_lines": [ 0.50063, 0.515545, 0.528469, 0.525858 ] }, { "date": "2025-12-12", "close": 0.476636, "volume": 3131000, "typical_volume": 14425475.0, "trend": 0.523652, "fair_value": 0.916525, "relative_strength": -20.151797, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.947226, "energy": 59.908964, "activity_lines": [ 0.490903, 0.506349, 0.523235, 0.522574 ] }, { "date": "2025-12-19", "close": 0.486364, "volume": 4167900, "typical_volume": 13751130.0, "trend": 0.520085, "fair_value": 0.908641, "relative_strength": -17.563032, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.518578, "energy": 54.806661, "activity_lines": [ 0.487661, 0.500512, 0.519066, 0.520169 ] }, { "date": "2025-12-26", "close": 0.476636, "volume": 13191400, "typical_volume": 13962790.0, "trend": 0.517167, "fair_value": 0.900635, "relative_strength": -18.879762, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.24851, "energy": 56.121055, "activity_lines": [ 0.482473, 0.493969, 0.514156, 0.517365 ] }, { "date": "2026-01-02", "close": 0.476636, "volume": 4025600, "typical_volume": 13632360.0, "trend": 0.514248, "fair_value": 0.89233, "relative_strength": -18.104371, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.301393, "energy": 54.985295, "activity_lines": [ 0.47923, 0.488309, 0.50957, 0.51475 ] }, { "date": "2026-01-09", "close": 0.476636, "volume": 8444500, "typical_volume": 12564390.0, "trend": 0.512303, "fair_value": 0.883846, "relative_strength": -17.214463, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.719547, "energy": 45.803867, "activity_lines": [ 0.477933, 0.484418, 0.505216, 0.512324 ] }, { "date": "2026-01-16", "close": 0.486364, "volume": 8309800, "typical_volume": 12647825.0, "trend": 0.511979, "fair_value": 0.875483, "relative_strength": -16.557461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.640526, "energy": 40.03416, "activity_lines": [ 0.480527, 0.483357, 0.502112, 0.51065 ] }, { "date": "2026-01-23", "close": 0.466909, "volume": 6699200, "typical_volume": 12351125.0, "trend": 0.5136, "fair_value": 0.866877, "relative_strength": -21.726987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.986789, "energy": 43.268, "activity_lines": [ 0.475988, 0.479466, 0.497341, 0.507743 ] }, { "date": "2026-01-30", "close": 0.466909, "volume": 4086800, "typical_volume": 12125555.0, "trend": 0.513924, "fair_value": 0.857792, "relative_strength": -21.841745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.66247, "energy": 45.308255, "activity_lines": [ 0.472745, 0.476283, 0.492756, 0.50473 ] }, { "date": "2026-02-06", "close": 0.476636, "volume": 7891800, "typical_volume": 7130540.0, "trend": 0.514248, "fair_value": 0.848889, "relative_strength": -21.361483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.152997, "energy": 39.919332, "activity_lines": [ 0.473394, 0.475575, 0.489374, 0.502325 ] }, { "date": "2026-02-13", "close": 0.515545, "volume": 17462000, "typical_volume": 6942640.0, "trend": 0.514573, "fair_value": 0.840654, "relative_strength": -18.955803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.484252, "energy": 19.956497, "activity_lines": [ 0.487012, 0.482473, 0.490208, 0.502408 ] }, { "date": "2026-02-20", "close": 0.535, "volume": 13655500, "typical_volume": 7332350.0, "trend": 0.515545, "fair_value": 0.832484, "relative_strength": -18.072784, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -2.282772, "energy": 12.836037, "activity_lines": [ 0.504521, 0.492377, 0.493173, 0.503726 ] }, { "date": "2026-02-27", "close": 0.583636, "volume": 26742900, "typical_volume": 8295895.0, "trend": 0.517491, "fair_value": 0.824686, "relative_strength": -12.766505, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 44.087592, "energy": 43.658014, "activity_lines": [ 0.535, 0.510063, 0.500908, 0.508119 ] }, { "date": "2026-03-06", "close": 0.525273, "volume": 16157000, "typical_volume": 8764220.0, "trend": 0.516842, "fair_value": 0.817053, "relative_strength": -14.227122, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.450785, "energy": 34.451414, "activity_lines": [ 0.538242, 0.515368, 0.5029, 0.508621 ] }, { "date": "2026-03-13", "close": 0.52, "volume": 7291600, "typical_volume": 8365560.0, "trend": 0.516667, "fair_value": 0.80981, "relative_strength": -14.288099, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.080737, "energy": 32.899527, "activity_lines": [ 0.535836, 0.518831, 0.50439, 0.508825 ] }, { "date": "2026-03-20", "close": 0.5, "volume": 5568400, "typical_volume": 8186430.0, "trend": 0.515176, "fair_value": 0.802076, "relative_strength": -18.151925, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.271007, "energy": 21.080048, "activity_lines": [ 0.523873, 0.517869, 0.504231, 0.50775 ] }, { "date": "2026-03-27", "close": 0.49, "volume": 7537100, "typical_volume": 8444530.0, "trend": 0.514, "fair_value": 0.794761, "relative_strength": -19.817508, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.566404, "energy": 11.954741, "activity_lines": [ 0.509612, 0.514664, 0.503287, 0.506125 ] }, { "date": "2026-04-03", "close": 0.51, "volume": 9853600, "typical_volume": 8714940.0, "trend": 0.514139, "fair_value": 0.787575, "relative_strength": -16.270398, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.196571, "energy": 12.300069, "activity_lines": [ 0.505018, 0.51503, 0.504416, 0.505867 ] }, { "date": "2026-04-10", "close": 0.51, "volume": 3660900, "typical_volume": 8796265.0, "trend": 0.51363, "fair_value": 0.780328, "relative_strength": -18.63582, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.890979, "energy": 12.940542, "activity_lines": [ 0.505333, 0.514612, 0.505524, 0.5056 ] }, { "date": "2026-04-17", "close": 0.49, "volume": 5492500, "typical_volume": 8826190.0, "trend": 0.510509, "fair_value": 0.773436, "relative_strength": -19.823346, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.307913, "energy": 18.711826, "activity_lines": [ 0.5, 0.509774, 0.504708, 0.504076 ] }, { "date": "2026-04-24", "close": 0.49, "volume": 7881600, "typical_volume": 9062555.0, "trend": 0.507712, "fair_value": 0.766786, "relative_strength": -17.601309, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.478834, "energy": 16.896581, "activity_lines": [ 0.496667, 0.504693, 0.503967, 0.502753 ] }, { "date": "2026-05-01", "close": 0.49, "volume": 9117500, "typical_volume": 9361880.0, "trend": 0.505239, "fair_value": 0.760197, "relative_strength": -18.820071, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.331373, "energy": 20.990178, "activity_lines": [ 0.494, 0.500076, 0.503209, 0.50161 ] }, { "date": "2026-05-08", "close": 0.5, "volume": 9852900, "typical_volume": 9646130.0, "trend": 0.503748, "fair_value": 0.753369, "relative_strength": -16.783591, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.179552, "energy": 20.144555, "activity_lines": [ 0.494667, 0.498096, 0.50334, 0.501272 ] }, { "date": "2026-05-15", "close": 0.5, "volume": 5293000, "typical_volume": 9251210.0, "trend": 0.502906, "fair_value": 0.747448, "relative_strength": -17.083639, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.036485, "energy": 11.14636, "activity_lines": [ 0.496, 0.497636, 0.503406, 0.50103 ] }, { "date": "2026-05-22", "close": 0.49, "volume": 10306800, "typical_volume": 9565270.0, "trend": 0.500109, "fair_value": 0.741524, "relative_strength": -19.108048, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.947865, "energy": 8.535221, "activity_lines": [ 0.494667, 0.495818, 0.502408, 0.500197 ] }, { "date": "2026-05-29", "close": 0.49, "volume": 12841000, "typical_volume": 9785095.0, "trend": 0.498609, "fair_value": 0.735297, "relative_strength": -19.941754, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.696709, "energy": 8.452205, "activity_lines": [ 0.493333, 0.494545, 0.501347, 0.499545 ] }, { "date": "2026-06-05", "close": 0.49, "volume": 1864700, "typical_volume": 9462840.0, "trend": 0.497433, "fair_value": 0.728405, "relative_strength": -19.924355, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.483196, "energy": 13.138534, "activity_lines": [ 0.492, 0.493455, 0.500222, 0.49899 ] }, { "date": "2026-06-12", "close": 0.48, "volume": 1448000, "typical_volume": 9200280.0, "trend": 0.496573, "fair_value": 0.72157, "relative_strength": -21.356904, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.791668, "energy": 26.552491, "activity_lines": [ 0.487333, 0.490545, 0.498127, 0.497865 ] }, { "date": "2026-06-19", "close": 0.49, "volume": 3717800, "typical_volume": 9181830.0, "trend": 0.496045, "fair_value": 0.715464, "relative_strength": -18.072873, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.05804, "energy": 26.413524, "activity_lines": [ 0.487333, 0.49, 0.496922, 0.497441 ] }, { "date": "2026-06-26", "close": 0.48, "volume": 2134800, "typical_volume": 8893980.0, "trend": 0.495185, "fair_value": 0.710805, "relative_strength": -17.86315, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.095537, "energy": 32.315204, "activity_lines": [ 0.484667, 0.488, 0.494655, 0.496406 ] }, { "date": "2026-07-03", "close": 0.49, "volume": 3029000, "typical_volume": 8172330.0, "trend": 0.495306, "fair_value": 0.70621, "relative_strength": -19.31311, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.543417, "energy": 26.501153, "activity_lines": [ 0.486, 0.488, 0.493324, 0.496071 ] }, { "date": "2026-07-10", "close": 0.49, "volume": 5101900, "typical_volume": 7744650.0, "trend": 0.495751, "fair_value": 0.701494, "relative_strength": -19.353876, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.787652, "energy": 23.514272, "activity_lines": [ 0.487333, 0.488, 0.492115, 0.495729 ] }, { "date": "2026-07-17", "close": 0.57, "volume": 99339000, "typical_volume": 11374455.0, "trend": 0.498539, "fair_value": 0.697533, "relative_strength": -6.84662, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.600983, "energy": 47.662256, "activity_lines": [ 0.515333, 0.502545, 0.498739, 0.500519 ] }, { "date": "2026-07-24", "close": 0.55, "volume": 46153600, "typical_volume": 12874285.0, "trend": 0.500985, "fair_value": 0.693625, "relative_strength": -9.994602, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.566961, "energy": 58.029806, "activity_lines": [ 0.530667, 0.512182, 0.503524, 0.503839 ] }, { "date": "2026-07-31", "close": 0.55, "volume": 9985900, "typical_volume": 13009000.0, "trend": 0.50343, "fair_value": 0.689777, "relative_strength": -8.539633, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.216553, "energy": 68.884322, "activity_lines": [ 0.542, 0.520909, 0.50819, 0.507002 ] }, { "date": "2026-08-07", "close": 0.55, "volume": 16748600, "typical_volume": 13568010.0, "trend": 0.505876, "fair_value": 0.68599, "relative_strength": -7.478177, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.123005, "energy": 71.333654, "activity_lines": [ 0.548667, 0.528545, 0.512714, 0.510006 ] } ], "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." } } }