{ "ticker": { "uuid": "70ef2403-c10d-4f87-ae69-4c187a4e6219", "symbol": "5252", "name": "Sasbadi Holdings Berhad", "exchange": "KLS", "country": "MY", "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": "2026-09-25", "benchmark": "^KLSE", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.568, "architecture_energy": 80.555, "architecture_maturity": 17.195, "architecture_confidence": 87.243, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 3.68, "rotation_up": 11.98, "upward_expansion": 19.67, "deceleration": 37.84, "rotation_down": 74.61, "downward_expansion": 95.34 }, "activity_lines": [ 0.145, 0.146909, 0.150856, 0.152815 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 0.145, "trend_reference": 0.15507, "distance_from_trend": -0.064937, "trend_direction": "Weakening", "fair_value": 0.148589, "distance_from_fair_value": -0.024153, "fair_value_direction": "Weakening", "relative_strength": -4.11113, "relative_strength_direction": "Weakening", "price_momentum": -0.091917, "excess_performance": -0.06796, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.064937, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.008287, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.024153, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.053501, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.041111, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.073243, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.091917, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.003413, "read": "Supply-led" } ], "volume": { "latest": 507000, "relative_activity": 1.392666, "balance": 0.003413, "dry_up": 0.701415, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.026525, "annualized_volatility": 0.193398, "from_high_reference": -0.14381, "from_low_reference": 0.050846 }, "levels": { "trend_reference": 0.15507, "fair_value_reference": 0.148589, "structural_low": 0.14, "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": 26, "median_return": 0.0, "positive_rate": 0.346154, "directional_follow_through": 0.423077, "median_excess_return": -0.004818, "regime_survival": 0.730769, "best_return": 0.285721, "worst_return": -0.192309, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.0, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.051902, "regime_survival": 0.5, "best_return": 0.199995, "worst_return": -0.205882, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.033351, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.040437, "regime_survival": 0.333333, "best_return": 1.0, "worst_return": -0.259258, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.035347, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.02821, "regime_survival": 0.25, "best_return": 0.796051, "worst_return": -0.411763, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-27", "end": "2024-10-18", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": -0.032251, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2024-12-06", "tenure": "New", "return": 0.01695, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2024-12-27", "tenure": "New", "return": 0.031251, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-04-04", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-06-27", "tenure": "Developing", "return": 0.031254, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-04", "end": "2025-10-10", "tenure": "Established", "return": -0.033333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-10-31", "tenure": "New", "return": 0.066666, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.046612, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": 0.133335, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-04-17", "tenure": "Established", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-08-14", "tenure": "Established", "return": -0.031252, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-21", "end": "2026-09-25", "tenure": "Developing", "return": -0.033333, "active": true } ], "chart_path": [ { "date": "2023-10-06", "close": 0.156051, "volume": 9324200, "typical_volume": 16722520.0, "trend": 0.16625, "fair_value": 0.130007, "relative_strength": 13.634888, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.809901, "energy": 21.906968, "activity_lines": [ 0.164431, 0.169212, 0.171717, 0.170784 ] }, { "date": "2023-10-13", "close": 0.156051, "volume": 5292700, "typical_volume": 16596595.0, "trend": 0.166947, "fair_value": 0.130331, "relative_strength": 10.593586, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.677362, "energy": 37.828715, "activity_lines": [ 0.160385, 0.166454, 0.170231, 0.170126 ] }, { "date": "2023-10-20", "close": 0.151716, "volume": 6378500, "typical_volume": 16528025.0, "trend": 0.167639, "fair_value": 0.130653, "relative_strength": 6.767497, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.968377, "energy": 52.238659, "activity_lines": [ 0.15634, 0.163065, 0.168353, 0.169143 ] }, { "date": "2023-10-27", "close": 0.147381, "volume": 5248200, "typical_volume": 15839075.0, "trend": 0.168188, "fair_value": 0.130975, "relative_strength": 2.834107, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.001171, "energy": 67.575072, "activity_lines": [ 0.152294, 0.159361, 0.166082, 0.167836 ] }, { "date": "2023-11-03", "close": 0.147381, "volume": 6708000, "typical_volume": 15523430.0, "trend": 0.168595, "fair_value": 0.131243, "relative_strength": 1.479635, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.547025, "energy": 68.892366, "activity_lines": [ 0.149982, 0.156129, 0.163977, 0.166494 ] }, { "date": "2023-11-10", "close": 0.151716, "volume": 14297100, "typical_volume": 15621450.0, "trend": 0.168443, "fair_value": 0.131512, "relative_strength": 3.975565, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.315444, "energy": 62.480646, "activity_lines": [ 0.149982, 0.154317, 0.162429, 0.165405 ] }, { "date": "2023-11-17", "close": 0.151716, "volume": 5592300, "typical_volume": 15663430.0, "trend": 0.167869, "fair_value": 0.131781, "relative_strength": 2.099829, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.770846, "energy": 52.589766, "activity_lines": [ 0.150271, 0.152898, 0.160943, 0.164326 ] }, { "date": "2023-11-24", "close": 0.151716, "volume": 7627000, "typical_volume": 15319515.0, "trend": 0.166873, "fair_value": 0.132049, "relative_strength": 1.714668, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.161077, "energy": 39.731795, "activity_lines": [ 0.150849, 0.151952, 0.159498, 0.163283 ] }, { "date": "2023-12-01", "close": 0.147381, "volume": 2682200, "typical_volume": 14313765.0, "trend": 0.165731, "fair_value": 0.132317, "relative_strength": -2.013151, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.171381, "energy": 40.478665, "activity_lines": [ 0.149982, 0.150613, 0.157784, 0.162026 ] }, { "date": "2023-12-08", "close": 0.143046, "volume": 2305200, "typical_volume": 13963985.0, "trend": 0.165009, "fair_value": 0.13253, "relative_strength": -4.539293, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.121586, "energy": 49.69475, "activity_lines": [ 0.14767, 0.148957, 0.155803, 0.160562 ] }, { "date": "2023-12-15", "close": 0.140913, "volume": 4733600, "typical_volume": 12409435.0, "trend": 0.164071, "fair_value": 0.132702, "relative_strength": -7.802597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.737116, "energy": 61.521667, "activity_lines": [ 0.144936, 0.14723, 0.153783, 0.159008 ] }, { "date": "2023-12-22", "close": 0.145317, "volume": 3638700, "typical_volume": 11842710.0, "trend": 0.163569, "fair_value": 0.132903, "relative_strength": -4.988732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.703445, "energy": 57.044933, "activity_lines": [ 0.14439, 0.146578, 0.152379, 0.157798 ] }, { "date": "2023-12-29", "close": 0.145317, "volume": 4697300, "typical_volume": 11332165.0, "trend": 0.163211, "fair_value": 0.133022, "relative_strength": -5.56166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.966738, "energy": 51.557162, "activity_lines": [ 0.144271, 0.146121, 0.151067, 0.15662 ] }, { "date": "2024-01-05", "close": 0.167335, "volume": 17099700, "typical_volume": 11664095.0, "trend": 0.16272, "fair_value": 0.133364, "relative_strength": 5.440146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.941705, "energy": 13.026232, "activity_lines": [ 0.151918, 0.149784, 0.152006, 0.156886 ] }, { "date": "2024-01-12", "close": 0.158528, "volume": 10722100, "typical_volume": 9656500.0, "trend": 0.16208, "fair_value": 0.133649, "relative_strength": -0.784758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.527832, "energy": 17.790543, "activity_lines": [ 0.155299, 0.151483, 0.152136, 0.156616 ] }, { "date": "2024-01-19", "close": 0.14972, "volume": 6412800, "typical_volume": 8998655.0, "trend": 0.16158, "fair_value": 0.133851, "relative_strength": -6.789524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.673815, "energy": 20.421211, "activity_lines": [ 0.154711, 0.151378, 0.151539, 0.155819 ] }, { "date": "2024-01-26", "close": 0.14972, "volume": 2633300, "typical_volume": 7976845.0, "trend": 0.161225, "fair_value": 0.134106, "relative_strength": -8.446304, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.870689, "energy": 17.265166, "activity_lines": [ 0.153537, 0.151309, 0.151054, 0.155053 ] }, { "date": "2024-02-02", "close": 0.140913, "volume": 6825300, "typical_volume": 7543620.0, "trend": 0.159853, "fair_value": 0.134306, "relative_strength": -14.664955, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.808659, "energy": 28.435587, "activity_lines": [ 0.149133, 0.149675, 0.149864, 0.153743 ] }, { "date": "2024-02-09", "close": 0.13651, "volume": 3364300, "typical_volume": 6835710.0, "trend": 0.158479, "fair_value": 0.134504, "relative_strength": -17.368647, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.903526, "energy": 53.580785, "activity_lines": [ 0.143555, 0.147437, 0.148409, 0.152237 ] }, { "date": "2024-02-16", "close": 0.145317, "volume": 2842700, "typical_volume": 6421260.0, "trend": 0.157399, "fair_value": 0.13465, "relative_strength": -13.437869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.678417, "energy": 49.255796, "activity_lines": [ 0.142968, 0.146998, 0.147969, 0.151388 ] }, { "date": "2024-02-23", "close": 0.13651, "volume": 3971300, "typical_volume": 6153615.0, "trend": 0.155881, "fair_value": 0.134794, "relative_strength": -19.598843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.755975, "energy": 59.495223, "activity_lines": [ 0.140326, 0.144917, 0.146761, 0.15004 ] }, { "date": "2024-03-01", "close": 0.13651, "volume": 2980000, "typical_volume": 6037980.0, "trend": 0.15494, "fair_value": 0.134884, "relative_strength": -19.165234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.077441, "energy": 59.007719, "activity_lines": [ 0.138565, 0.142915, 0.145647, 0.14879 ] }, { "date": "2024-03-08", "close": 0.13651, "volume": 3456600, "typical_volume": 5891885.0, "trend": 0.153567, "fair_value": 0.134974, "relative_strength": -19.098107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.307353, "energy": 44.014442, "activity_lines": [ 0.137684, 0.141074, 0.144626, 0.147601 ] }, { "date": "2024-03-15", "close": 0.132106, "volume": 2662700, "typical_volume": 5762610.0, "trend": 0.152191, "fair_value": 0.135036, "relative_strength": -22.216487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.724099, "energy": 52.698726, "activity_lines": [ 0.135629, 0.138591, 0.143258, 0.146217 ] }, { "date": "2024-03-22", "close": 0.13651, "volume": 6143000, "typical_volume": 5734360.0, "trend": 0.150672, "fair_value": 0.13518, "relative_strength": -19.00766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.689814, "energy": 42.087508, "activity_lines": [ 0.135336, 0.137551, 0.142382, 0.145205 ] }, { "date": "2024-03-29", "close": 0.13651, "volume": 2541700, "typical_volume": 5146590.0, "trend": 0.149443, "fair_value": 0.135243, "relative_strength": -18.629065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.706599, "energy": 37.403395, "activity_lines": [ 0.135629, 0.13691, 0.141557, 0.144291 ] }, { "date": "2024-04-05", "close": 0.145317, "volume": 10768700, "typical_volume": 5405410.0, "trend": 0.148363, "fair_value": 0.135416, "relative_strength": -14.42844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.379172, "energy": 23.594569, "activity_lines": [ 0.138858, 0.138111, 0.141644, 0.144025 ] }, { "date": "2024-04-12", "close": 0.154124, "volume": 6519200, "typical_volume": 5350020.0, "trend": 0.147721, "fair_value": 0.135565, "relative_strength": -8.843108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.459888, "energy": 11.546979, "activity_lines": [ 0.144436, 0.140994, 0.1426, 0.144397 ] }, { "date": "2024-04-19", "close": 0.14972, "volume": 6845600, "typical_volume": 5558190.0, "trend": 0.146932, "fair_value": 0.135361, "relative_strength": -10.902669, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.565462, "energy": 18.929217, "activity_lines": [ 0.147372, 0.142835, 0.143125, 0.144526 ] }, { "date": "2024-04-26", "close": 0.154124, "volume": 24726800, "typical_volume": 6679270.0, "trend": 0.146723, "fair_value": 0.135049, "relative_strength": -9.400337, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.969531, "energy": 30.150652, "activity_lines": [ 0.150601, 0.145237, 0.144059, 0.14499 ] }, { "date": "2024-05-03", "close": 0.158528, "volume": 15899400, "typical_volume": 7237560.0, "trend": 0.146805, "fair_value": 0.134928, "relative_strength": -7.208331, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.773234, "energy": 45.754793, "activity_lines": [ 0.154124, 0.148279, 0.145359, 0.145752 ] }, { "date": "2024-05-10", "close": 0.158794, "volume": 14994300, "typical_volume": 7805340.0, "trend": 0.146897, "fair_value": 0.134809, "relative_strength": -7.421755, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.005438, "energy": 54.774323, "activity_lines": [ 0.156268, 0.15097, 0.1466, 0.146525 ] }, { "date": "2024-05-17", "close": 0.14972, "volume": 7706700, "typical_volume": 7955810.0, "trend": 0.14683, "fair_value": 0.134659, "relative_strength": -13.172275, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.354683, "energy": 42.088144, "activity_lines": [ 0.154489, 0.151605, 0.146914, 0.146707 ] }, { "date": "2024-05-24", "close": 0.154257, "volume": 6154500, "typical_volume": 7408550.0, "trend": 0.14706, "fair_value": 0.134321, "relative_strength": -10.386712, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 55.85447, "energy": 40.942184, "activity_lines": [ 0.154515, 0.152826, 0.147638, 0.147186 ] }, { "date": "2024-05-31", "close": 0.154257, "volume": 6826400, "typical_volume": 7213765.0, "trend": 0.147289, "fair_value": 0.134064, "relative_strength": -8.841647, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.499912, "energy": 31.465333, "activity_lines": [ 0.154239, 0.153643, 0.148425, 0.147651 ] }, { "date": "2024-06-07", "close": 0.158794, "volume": 3900800, "typical_volume": 7088165.0, "trend": 0.147525, "fair_value": 0.133864, "relative_strength": -6.811495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.435652, "energy": 32.727689, "activity_lines": [ 0.155467, 0.154963, 0.149664, 0.148393 ] }, { "date": "2024-06-14", "close": 0.163331, "volume": 21718800, "typical_volume": 8042440.0, "trend": 0.147912, "fair_value": 0.133638, "relative_strength": -3.053629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.707231, "energy": 43.397458, "activity_lines": [ 0.158189, 0.156703, 0.151292, 0.149413 ] }, { "date": "2024-06-21", "close": 0.163331, "volume": 21752300, "typical_volume": 8788790.0, "trend": 0.148299, "fair_value": 0.133413, "relative_strength": -1.736844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.333306, "energy": 48.802265, "activity_lines": [ 0.160609, 0.158115, 0.152855, 0.150407 ] }, { "date": "2024-06-28", "close": 0.163331, "volume": 8065600, "typical_volume": 9023855.0, "trend": 0.148831, "fair_value": 0.133295, "relative_strength": -1.469655, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.095124, "energy": 52.979093, "activity_lines": [ 0.162121, 0.159359, 0.154311, 0.151377 ] }, { "date": "2024-07-05", "close": 0.163331, "volume": 12253000, "typical_volume": 9494370.0, "trend": 0.149507, "fair_value": 0.133151, "relative_strength": -2.194659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.680066, "energy": 52.341859, "activity_lines": [ 0.163029, 0.160356, 0.15564, 0.152313 ] }, { "date": "2024-07-12", "close": 0.163331, "volume": 4471700, "typical_volume": 9519390.0, "trend": 0.150254, "fair_value": 0.13298, "relative_strength": -2.227263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.071699, "energy": 40.125477, "activity_lines": [ 0.163331, 0.161186, 0.156883, 0.153205 ] }, { "date": "2024-07-19", "close": 0.158794, "volume": 7446000, "typical_volume": 9742690.0, "trend": 0.150703, "fair_value": 0.132834, "relative_strength": -5.453289, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.885095, "energy": 32.192107, "activity_lines": [ 0.161819, 0.161104, 0.157566, 0.153756 ] }, { "date": "2024-07-26", "close": 0.145183, "volume": 13898400, "typical_volume": 10264780.0, "trend": 0.150699, "fair_value": 0.132627, "relative_strength": -11.701146, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.962181, "energy": 11.253153, "activity_lines": [ 0.156072, 0.158547, 0.156846, 0.153399 ] }, { "date": "2024-08-02", "close": 0.140646, "volume": 4112700, "typical_volume": 10337280.0, "trend": 0.149809, "fair_value": 0.132364, "relative_strength": -13.930225, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.973355, "energy": 17.612508, "activity_lines": [ 0.150022, 0.155247, 0.155654, 0.152751 ] }, { "date": "2024-08-09", "close": 0.145183, "volume": 10963500, "typical_volume": 10578305.0, "trend": 0.149364, "fair_value": 0.132104, "relative_strength": -9.788515, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.138609, "energy": 26.34152, "activity_lines": [ 0.146998, 0.15302, 0.154852, 0.152452 ] }, { "date": "2024-08-16", "close": 0.13611, "volume": 1996100, "typical_volume": 10551025.0, "trend": 0.148911, "fair_value": 0.131812, "relative_strength": -16.300572, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.527317, "energy": 45.45994, "activity_lines": [ 0.142159, 0.149308, 0.153146, 0.151597 ] }, { "date": "2024-08-23", "close": 0.13611, "volume": 1677200, "typical_volume": 10096450.0, "trend": 0.148457, "fair_value": 0.131548, "relative_strength": -16.217351, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.45604, "energy": 55.111431, "activity_lines": [ 0.139134, 0.146008, 0.151441, 0.150771 ] }, { "date": "2024-08-30", "close": 0.13611, "volume": 964500, "typical_volume": 9818715.0, "trend": 0.148297, "fair_value": 0.131256, "relative_strength": -17.770743, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.80836, "energy": 55.662706, "activity_lines": [ 0.137622, 0.143204, 0.14978, 0.149975 ] }, { "date": "2024-09-06", "close": 0.13611, "volume": 2070500, "typical_volume": 9579960.0, "trend": 0.148284, "fair_value": 0.131018, "relative_strength": -15.839792, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.804287, "energy": 51.236195, "activity_lines": [ 0.136715, 0.140894, 0.148205, 0.149189 ] }, { "date": "2024-09-13", "close": 0.13611, "volume": 1046900, "typical_volume": 8395965.0, "trend": 0.147977, "fair_value": 0.130943, "relative_strength": -15.182584, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.771249, "energy": 42.132378, "activity_lines": [ 0.13611, 0.139079, 0.146694, 0.148403 ] }, { "date": "2024-09-20", "close": 0.140646, "volume": 1424400, "typical_volume": 7672215.0, "trend": 0.148115, "fair_value": 0.130978, "relative_strength": -12.621077, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.356269, "energy": 39.273454, "activity_lines": [ 0.137622, 0.138584, 0.145702, 0.14793 ] }, { "date": "2024-09-27", "close": 0.140646, "volume": 927800, "typical_volume": 6968890.0, "trend": 0.148252, "fair_value": 0.131041, "relative_strength": -11.670314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.250047, "energy": 29.800453, "activity_lines": [ 0.138832, 0.138502, 0.144794, 0.147448 ] }, { "date": "2024-10-04", "close": 0.145183, "volume": 777800, "typical_volume": 6622445.0, "trend": 0.148542, "fair_value": 0.131159, "relative_strength": -6.742172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.704862, "energy": 21.814505, "activity_lines": [ 0.141251, 0.139574, 0.144406, 0.14725 ] }, { "date": "2024-10-11", "close": 0.140646, "volume": 1201400, "typical_volume": 6374790.0, "trend": 0.148826, "fair_value": 0.131167, "relative_strength": -9.454144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.0482, "energy": 19.34527, "activity_lines": [ 0.141553, 0.139821, 0.143606, 0.146741 ] }, { "date": "2024-10-18", "close": 0.140646, "volume": 1832300, "typical_volume": 6125085.0, "trend": 0.148964, "fair_value": 0.131148, "relative_strength": -9.776544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.882297, "energy": 17.491958, "activity_lines": [ 0.141553, 0.140069, 0.142872, 0.146213 ] }, { "date": "2024-10-25", "close": 0.140646, "volume": 2090500, "typical_volume": 6034570.0, "trend": 0.149102, "fair_value": 0.131184, "relative_strength": -7.946725, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.01417, "energy": 16.884351, "activity_lines": [ 0.141251, 0.140399, 0.142202, 0.145677 ] }, { "date": "2024-11-01", "close": 0.140646, "volume": 2233400, "typical_volume": 5060300.0, "trend": 0.148946, "fair_value": 0.131246, "relative_strength": -6.86002, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.094622, "energy": 20.314739, "activity_lines": [ 0.140948, 0.140646, 0.141618, 0.145131 ] }, { "date": "2024-11-08", "close": 0.13611, "volume": 2693400, "typical_volume": 4107355.0, "trend": 0.148346, "fair_value": 0.131252, "relative_strength": -10.438828, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.365359, "energy": 34.580217, "activity_lines": [ 0.139134, 0.139986, 0.140711, 0.144303 ] }, { "date": "2024-11-15", "close": 0.140646, "volume": 868100, "typical_volume": 3747480.0, "trend": 0.148043, "fair_value": 0.131341, "relative_strength": -5.478916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.642627, "energy": 29.708656, "activity_lines": [ 0.139436, 0.140151, 0.140365, 0.143806 ] }, { "date": "2024-11-22", "close": 0.13611, "volume": 2049600, "typical_volume": 3237310.0, "trend": 0.147443, "fair_value": 0.131429, "relative_strength": -8.019648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.871797, "energy": 36.494044, "activity_lines": [ 0.138227, 0.139409, 0.139696, 0.143036 ] }, { "date": "2024-11-29", "close": 0.138416, "volume": 802500, "typical_volume": 3053850.0, "trend": 0.146772, "fair_value": 0.131585, "relative_strength": -6.448027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.132088, "energy": 36.824074, "activity_lines": [ 0.138088, 0.139086, 0.139375, 0.142454 ] }, { "date": "2024-12-06", "close": 0.14303, "volume": 1245900, "typical_volume": 2743845.0, "trend": 0.146247, "fair_value": 0.131798, "relative_strength": -4.256514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.700266, "energy": 17.834797, "activity_lines": [ 0.139636, 0.139642, 0.139613, 0.142212 ] }, { "date": "2024-12-13", "close": 0.147644, "volume": 4563100, "typical_volume": 2277080.0, "trend": 0.146178, "fair_value": 0.132013, "relative_strength": -0.79715, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.739, "energy": 5.339759, "activity_lines": [ 0.142564, 0.140994, 0.140365, 0.142303 ] }, { "date": "2024-12-20", "close": 0.147644, "volume": 3504400, "typical_volume": 2246665.0, "trend": 0.145957, "fair_value": 0.132229, "relative_strength": 0.432849, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.621005, "energy": 14.904795, "activity_lines": [ 0.144722, 0.142302, 0.141105, 0.142397 ] }, { "date": "2024-12-27", "close": 0.152258, "volume": 429900, "typical_volume": 1719985.0, "trend": 0.145891, "fair_value": 0.132474, "relative_strength": 1.369603, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.357017, "energy": 42.430644, "activity_lines": [ 0.147952, 0.144321, 0.142252, 0.142804 ] }, { "date": "2025-01-03", "close": 0.147644, "volume": 847700, "typical_volume": 1662565.0, "trend": 0.145519, "fair_value": 0.132635, "relative_strength": -1.331951, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.874802, "energy": 48.237308, "activity_lines": [ 0.148567, 0.14529, 0.142925, 0.142917 ] }, { "date": "2025-01-10", "close": 0.152258, "volume": 4759200, "typical_volume": 1816665.0, "trend": 0.14515, "fair_value": 0.132853, "relative_strength": 3.720387, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.423071, "energy": 56.271894, "activity_lines": [ 0.150105, 0.14697, 0.143983, 0.143351 ] }, { "date": "2025-01-17", "close": 0.152258, "volume": 3819100, "typical_volume": 1959395.0, "trend": 0.144781, "fair_value": 0.133098, "relative_strength": 6.162174, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.821653, "energy": 54.10077, "activity_lines": [ 0.151028, 0.14844, 0.144964, 0.14381 ] }, { "date": "2025-01-24", "close": 0.152258, "volume": 4263300, "typical_volume": 2069035.0, "trend": 0.144412, "fair_value": 0.13337, "relative_strength": 5.748099, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.036947, "energy": 35.504088, "activity_lines": [ 0.151643, 0.149615, 0.145868, 0.144292 ] }, { "date": "2025-01-31", "close": 0.147644, "volume": 1872200, "typical_volume": 2110300.0, "trend": 0.143889, "fair_value": 0.133585, "relative_strength": 3.608958, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.807132, "energy": 35.273991, "activity_lines": [ 0.150412, 0.149741, 0.146256, 0.144501 ] }, { "date": "2025-02-07", "close": 0.152258, "volume": 3051600, "typical_volume": 2191660.0, "trend": 0.14352, "fair_value": 0.133857, "relative_strength": 4.44471, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.603068, "energy": 33.267717, "activity_lines": [ 0.151028, 0.150496, 0.147028, 0.145041 ] }, { "date": "2025-02-14", "close": 0.161486, "volume": 4061200, "typical_volume": 2348330.0, "trend": 0.14361, "fair_value": 0.134216, "relative_strength": 10.571296, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.850137, "energy": 44.120138, "activity_lines": [ 0.154411, 0.152677, 0.148624, 0.1462 ] }, { "date": "2025-02-21", "close": 0.156872, "volume": 5589400, "typical_volume": 2588910.0, "trend": 0.143999, "fair_value": 0.134572, "relative_strength": 7.21512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.055849, "energy": 41.927508, "activity_lines": [ 0.155642, 0.153684, 0.149682, 0.147056 ] }, { "date": "2025-02-28", "close": 0.161486, "volume": 3592000, "typical_volume": 2708440.0, "trend": 0.144694, "fair_value": 0.135038, "relative_strength": 11.192416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.468592, "energy": 59.663044, "activity_lines": [ 0.158102, 0.155362, 0.151122, 0.148184 ] }, { "date": "2025-03-07", "close": 0.152258, "volume": 2048900, "typical_volume": 2719270.0, "trend": 0.14493, "fair_value": 0.135446, "relative_strength": 6.480426, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.850793, "energy": 47.993173, "activity_lines": [ 0.156872, 0.15511, 0.151585, 0.148672 ] }, { "date": "2025-03-14", "close": 0.14303, "volume": 1926000, "typical_volume": 2711045.0, "trend": 0.14516, "fair_value": 0.135767, "relative_strength": 2.147838, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.197751, "energy": 15.453503, "activity_lines": [ 0.152258, 0.153181, 0.151114, 0.148549 ] }, { "date": "2025-03-21", "close": 0.152258, "volume": 761500, "typical_volume": 2637450.0, "trend": 0.145699, "fair_value": 0.136066, "relative_strength": 8.936357, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.843454, "energy": 16.270875, "activity_lines": [ 0.151335, 0.153013, 0.15151, 0.149007 ] }, { "date": "2025-03-28", "close": 0.147644, "volume": 1179100, "typical_volume": 2561735.0, "trend": 0.146083, "fair_value": 0.136336, "relative_strength": 4.874513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.027351, "energy": 18.143128, "activity_lines": [ 0.14949, 0.152006, 0.151412, 0.149133 ] }, { "date": "2025-04-04", "close": 0.152258, "volume": 641600, "typical_volume": 2550410.0, "trend": 0.146621, "fair_value": 0.136581, "relative_strength": 8.660718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.824509, "energy": 18.308043, "activity_lines": [ 0.149797, 0.151922, 0.151698, 0.149531 ] }, { "date": "2025-04-11", "close": 0.138416, "volume": 3680900, "typical_volume": 2631975.0, "trend": 0.146698, "fair_value": 0.136737, "relative_strength": 2.224328, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.848061, "energy": 20.068179, "activity_lines": [ 0.146106, 0.149322, 0.15061, 0.149002 ] }, { "date": "2025-04-18", "close": 0.147644, "volume": 1448600, "typical_volume": 2664280.0, "trend": 0.146931, "fair_value": 0.136952, "relative_strength": 5.755506, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.825768, "energy": 13.922999, "activity_lines": [ 0.146414, 0.148567, 0.15039, 0.149063 ] }, { "date": "2025-04-25", "close": 0.147644, "volume": 130800, "typical_volume": 2608525.0, "trend": 0.147165, "fair_value": 0.137168, "relative_strength": 5.069162, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.9303, "energy": 16.296837, "activity_lines": [ 0.146414, 0.147896, 0.150127, 0.149109 ] }, { "date": "2025-05-02", "close": 0.156872, "volume": 4508400, "typical_volume": 2605790.0, "trend": 0.147554, "fair_value": 0.137442, "relative_strength": 9.182368, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.173479, "energy": 17.422227, "activity_lines": [ 0.149797, 0.149154, 0.15072, 0.149735 ] }, { "date": "2025-05-09", "close": 0.152258, "volume": 2027700, "typical_volume": 2531955.0, "trend": 0.147941, "fair_value": 0.137714, "relative_strength": 5.712661, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.084008, "energy": 18.825312, "activity_lines": [ 0.151028, 0.149573, 0.15083, 0.150039 ] }, { "date": "2025-05-16", "close": 0.161774, "volume": 2999500, "typical_volume": 2660435.0, "trend": 0.148646, "fair_value": 0.138048, "relative_strength": 10.280369, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.831789, "energy": 41.39109, "activity_lines": [ 0.15543, 0.151891, 0.151824, 0.150931 ] }, { "date": "2025-05-23", "close": 0.1475, "volume": 1423600, "typical_volume": 2689230.0, "trend": 0.148874, "fair_value": 0.138289, "relative_strength": 2.914474, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.843148, "energy": 25.350158, "activity_lines": [ 0.153517, 0.15144, 0.151413, 0.150857 ] }, { "date": "2025-05-30", "close": 0.152258, "volume": 1904300, "typical_volume": 2546485.0, "trend": 0.149261, "fair_value": 0.138561, "relative_strength": 8.041567, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.712302, "energy": 25.460437, "activity_lines": [ 0.1532, 0.151773, 0.151457, 0.151075 ] }, { "date": "2025-06-06", "close": 0.142742, "volume": 1699000, "typical_volume": 2440480.0, "trend": 0.149482, "fair_value": 0.138826, "relative_strength": 0.809327, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.783763, "energy": 9.749928, "activity_lines": [ 0.149403, 0.150376, 0.150594, 0.150655 ] }, { "date": "2025-06-13", "close": 0.1475, "volume": 1181500, "typical_volume": 2286390.0, "trend": 0.149711, "fair_value": 0.139122, "relative_strength": 4.17466, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.137732, "energy": 16.560916, "activity_lines": [ 0.148134, 0.149933, 0.150229, 0.150527 ] }, { "date": "2025-06-20", "close": 0.142742, "volume": 672200, "typical_volume": 2226390.0, "trend": 0.149932, "fair_value": 0.139387, "relative_strength": 2.00757, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.770549, "energy": 30.784261, "activity_lines": [ 0.145597, 0.148711, 0.149434, 0.150077 ] }, { "date": "2025-06-27", "close": 0.142742, "volume": 710700, "typical_volume": 2109345.0, "trend": 0.150076, "fair_value": 0.139653, "relative_strength": 0.503979, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.25354, "energy": 47.29141, "activity_lines": [ 0.144328, 0.147411, 0.148662, 0.149613 ] }, { "date": "2025-07-04", "close": 0.142742, "volume": 841900, "typical_volume": 1948380.0, "trend": 0.150066, "fair_value": 0.139945, "relative_strength": -0.733204, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.515941, "energy": 47.367991, "activity_lines": [ 0.143376, 0.1462, 0.147936, 0.14914 ] }, { "date": "2025-07-11", "close": 0.142742, "volume": 668500, "typical_volume": 1702335.0, "trend": 0.149903, "fair_value": 0.14021, "relative_strength": 0.34474, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.490971, "energy": 47.693849, "activity_lines": [ 0.143059, 0.145078, 0.147299, 0.148668 ] }, { "date": "2025-07-18", "close": 0.137984, "volume": 1100000, "typical_volume": 1577735.0, "trend": 0.149581, "fair_value": 0.140499, "relative_strength": -2.216979, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.012117, "energy": 52.311432, "activity_lines": [ 0.141156, 0.143348, 0.146276, 0.147899 ] }, { "date": "2025-07-25", "close": 0.133226, "volume": 1175000, "typical_volume": 1534040.0, "trend": 0.148947, "fair_value": 0.140757, "relative_strength": -6.013438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.087058, "energy": 62.156003, "activity_lines": [ 0.138301, 0.141012, 0.144912, 0.146844 ] }, { "date": "2025-08-01", "close": 0.133226, "volume": 2497900, "typical_volume": 1562635.0, "trend": 0.148466, "fair_value": 0.141016, "relative_strength": -5.980181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.117519, "energy": 66.939042, "activity_lines": [ 0.136081, 0.139195, 0.143638, 0.145829 ] }, { "date": "2025-08-08", "close": 0.128468, "volume": 1014500, "typical_volume": 1575285.0, "trend": 0.147673, "fair_value": 0.141298, "relative_strength": -10.556608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.186266, "energy": 75.183708, "activity_lines": [ 0.132909, 0.136773, 0.141958, 0.144539 ] }, { "date": "2025-08-15", "close": 0.137984, "volume": 1164100, "typical_volume": 1574535.0, "trend": 0.147197, "fair_value": 0.141641, "relative_strength": -5.184635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.113246, "energy": 63.924469, "activity_lines": [ 0.13386, 0.136513, 0.141297, 0.143914 ] }, { "date": "2025-08-22", "close": 0.137984, "volume": 3007900, "typical_volume": 1692850.0, "trend": 0.146721, "fair_value": 0.141984, "relative_strength": -6.500446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.214648, "energy": 45.401451, "activity_lines": [ 0.135129, 0.13634, 0.140683, 0.14332 ] }, { "date": "2025-08-29", "close": 0.137984, "volume": 1156300, "typical_volume": 1566620.0, "trend": 0.146399, "fair_value": 0.1423, "relative_strength": -5.302401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.681959, "energy": 31.372495, "activity_lines": [ 0.136398, 0.13634, 0.140136, 0.142756 ] }, { "date": "2025-09-05", "close": 0.133226, "volume": 65500, "typical_volume": 1497465.0, "trend": 0.145765, "fair_value": 0.142612, "relative_strength": -8.782852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.906404, "energy": 28.811741, "activity_lines": [ 0.135764, 0.135562, 0.139139, 0.141906 ] }, { "date": "2025-09-12", "close": 0.133226, "volume": 659500, "typical_volume": 1523900.0, "trend": 0.144823, "fair_value": 0.142925, "relative_strength": -10.052216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.53474, "energy": 31.423428, "activity_lines": [ 0.135129, 0.134956, 0.13821, 0.141097 ] }, { "date": "2025-09-19", "close": 0.133226, "volume": 97000, "typical_volume": 1303330.0, "trend": 0.144035, "fair_value": 0.143237, "relative_strength": -9.928063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.560095, "energy": 39.152172, "activity_lines": [ 0.134178, 0.134524, 0.13735, 0.140349 ] }, { "date": "2025-09-26", "close": 0.137984, "volume": 554400, "typical_volume": 1229665.0, "trend": 0.143251, "fair_value": 0.143607, "relative_strength": -7.358464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.337149, "energy": 33.005682, "activity_lines": [ 0.135129, 0.135129, 0.137055, 0.139959 ] }, { "date": "2025-10-03", "close": 0.142742, "volume": 889800, "typical_volume": 1124180.0, "trend": 0.142934, "fair_value": 0.143954, "relative_strength": -5.653806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.966628, "energy": 14.039877, "activity_lines": [ 0.137667, 0.1366, 0.137282, 0.139926 ] }, { "date": "2025-10-10", "close": 0.137984, "volume": 749200, "typical_volume": 1090460.0, "trend": 0.142766, "fair_value": 0.144243, "relative_strength": -8.058571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.164673, "energy": 17.679493, "activity_lines": [ 0.138301, 0.137032, 0.137146, 0.139606 ] }, { "date": "2025-10-17", "close": 0.142742, "volume": 3073800, "typical_volume": 1148935.0, "trend": 0.142449, "fair_value": 0.144616, "relative_strength": -4.063551, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.898646, "energy": 14.61311, "activity_lines": [ 0.140204, 0.138244, 0.137508, 0.139605 ] }, { "date": "2025-10-24", "close": 0.142742, "volume": 1479600, "typical_volume": 1137965.0, "trend": 0.142285, "fair_value": 0.144963, "relative_strength": -4.456867, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.264814, "energy": 16.477017, "activity_lines": [ 0.141473, 0.139195, 0.137916, 0.139624 ] }, { "date": "2025-10-31", "close": 0.152258, "volume": 3928900, "typical_volume": 1275335.0, "trend": 0.142285, "fair_value": 0.14537, "relative_strength": 2.026599, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.621152, "energy": 50.642047, "activity_lines": [ 0.14528, 0.14179, 0.13923, 0.140267 ] }, { "date": "2025-11-07", "close": 0.152258, "volume": 1183200, "typical_volume": 1300885.0, "trend": 0.142747, "fair_value": 0.145751, "relative_strength": 1.186173, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.261415, "energy": 60.923089, "activity_lines": [ 0.148134, 0.144126, 0.140522, 0.14091 ] }, { "date": "2025-11-14", "close": 0.157016, "volume": 157600, "typical_volume": 1273230.0, "trend": 0.143059, "fair_value": 0.146161, "relative_strength": 3.750982, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.577393, "energy": 73.042945, "activity_lines": [ 0.151941, 0.147067, 0.142221, 0.141831 ] }, { "date": "2025-11-21", "close": 0.152258, "volume": 275400, "typical_volume": 1244905.0, "trend": 0.143213, "fair_value": 0.146569, "relative_strength": 0.933372, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.75129, "energy": 68.396553, "activity_lines": [ 0.152892, 0.148711, 0.143399, 0.142424 ] }, { "date": "2025-11-28", "close": 0.142742, "volume": 266400, "typical_volume": 1224800.0, "trend": 0.142742, "fair_value": 0.146861, "relative_strength": -4.644483, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.321593, "energy": 44.541051, "activity_lines": [ 0.150038, 0.148279, 0.143626, 0.142394 ] }, { "date": "2025-12-05", "close": 0.145161, "volume": 175500, "typical_volume": 1178575.0, "trend": 0.142505, "fair_value": 0.147169, "relative_strength": -3.773971, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 45.171455, "energy": 31.903742, "activity_lines": [ 0.147989, 0.148113, 0.144083, 0.14255 ] }, { "date": "2025-12-12", "close": 0.145161, "volume": 102300, "typical_volume": 1124940.0, "trend": 0.141952, "fair_value": 0.147477, "relative_strength": -4.963239, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 36.725954, "energy": 20.876444, "activity_lines": [ 0.146414, 0.147817, 0.144505, 0.142721 ] }, { "date": "2025-12-19", "close": 0.145161, "volume": 208400, "typical_volume": 1010465.0, "trend": 0.141874, "fair_value": 0.147785, "relative_strength": -6.456954, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.780776, "energy": 22.90207, "activity_lines": [ 0.145312, 0.147476, 0.144871, 0.142929 ] }, { "date": "2025-12-26", "close": 0.140323, "volume": 609300, "typical_volume": 990205.0, "trend": 0.141476, "fair_value": 0.148034, "relative_strength": -9.995522, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.231665, "energy": 17.262743, "activity_lines": [ 0.143387, 0.146126, 0.14472, 0.142829 ] }, { "date": "2026-01-02", "close": 0.145161, "volume": 111500, "typical_volume": 937575.0, "trend": 0.141557, "fair_value": 0.148342, "relative_strength": -6.411971, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.994024, "energy": 17.809909, "activity_lines": [ 0.143871, 0.145699, 0.144972, 0.143066 ] }, { "date": "2026-01-09", "close": 0.15, "volume": 380700, "typical_volume": 806215.0, "trend": 0.14164, "fair_value": 0.148654, "relative_strength": -4.133719, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.576308, "energy": 18.282003, "activity_lines": [ 0.145806, 0.146108, 0.145652, 0.143611 ] }, { "date": "2026-01-16", "close": 0.164516, "volume": 695700, "typical_volume": 783185.0, "trend": 0.142366, "fair_value": 0.149059, "relative_strength": 3.559411, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 77.212644, "energy": 58.513311, "activity_lines": [ 0.152258, 0.149198, 0.147656, 0.145087 ] }, { "date": "2026-01-23", "close": 0.154839, "volume": 1272100, "typical_volume": 843515.0, "trend": 0.142769, "fair_value": 0.149347, "relative_strength": -2.807352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.34301, "energy": 63.967947, "activity_lines": [ 0.154194, 0.150305, 0.148613, 0.145892 ] }, { "date": "2026-01-30", "close": 0.154839, "volume": 1001000, "typical_volume": 860590.0, "trend": 0.143172, "fair_value": 0.149609, "relative_strength": -3.856101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.604991, "energy": 67.124365, "activity_lines": [ 0.155484, 0.151452, 0.149467, 0.14667 ] }, { "date": "2026-02-06", "close": 0.15, "volume": 738900, "typical_volume": 892685.0, "trend": 0.143414, "fair_value": 0.149894, "relative_strength": -6.249933, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.91602, "energy": 61.315442, "activity_lines": [ 0.154194, 0.151672, 0.149757, 0.147111 ] }, { "date": "2026-02-13", "close": 0.154839, "volume": 185800, "typical_volume": 874255.0, "trend": 0.143976, "fair_value": 0.150101, "relative_strength": -3.348235, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.082315, "energy": 37.673936, "activity_lines": [ 0.154194, 0.152639, 0.150427, 0.147848 ] }, { "date": "2026-02-20", "close": 0.154839, "volume": 185000, "typical_volume": 839015.0, "trend": 0.144696, "fair_value": 0.150336, "relative_strength": -3.875082, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.814225, "energy": 34.376526, "activity_lines": [ 0.153871, 0.153431, 0.151018, 0.148549 ] }, { "date": "2026-02-27", "close": 0.164516, "volume": 4347400, "typical_volume": 1018925.0, "trend": 0.145739, "fair_value": 0.150659, "relative_strength": 4.434118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.27224, "energy": 47.037561, "activity_lines": [ 0.157419, 0.155807, 0.152473, 0.149827 ] }, { "date": "2026-03-06", "close": 0.159677, "volume": 1703400, "typical_volume": 950405.0, "trend": 0.14678, "fair_value": 0.150762, "relative_strength": 1.392885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.443687, "energy": 49.260144, "activity_lines": [ 0.15871, 0.15695, 0.15334, 0.150727 ] }, { "date": "2026-03-13", "close": 0.159677, "volume": 781600, "typical_volume": 915505.0, "trend": 0.147503, "fair_value": 0.150919, "relative_strength": 2.552227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.874859, "energy": 52.001973, "activity_lines": [ 0.159677, 0.157742, 0.154127, 0.151559 ] }, { "date": "2026-03-20", "close": 0.159677, "volume": 535200, "typical_volume": 745820.0, "trend": 0.148226, "fair_value": 0.151104, "relative_strength": 1.426903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.702895, "energy": 53.318075, "activity_lines": [ 0.16, 0.15827, 0.154833, 0.152344 ] }, { "date": "2026-03-27", "close": 0.159677, "volume": 729200, "typical_volume": 723120.0, "trend": 0.148949, "fair_value": 0.151288, "relative_strength": 1.996585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.449074, "energy": 37.197698, "activity_lines": [ 0.16, 0.158621, 0.155504, 0.153083 ] }, { "date": "2026-04-03", "close": 0.159677, "volume": 946200, "typical_volume": 762550.0, "trend": 0.149831, "fair_value": 0.151445, "relative_strength": 3.181299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.226175, "energy": 32.683319, "activity_lines": [ 0.159677, 0.159061, 0.15614, 0.153775 ] }, { "date": "2026-04-10", "close": 0.154839, "volume": 419700, "typical_volume": 769765.0, "trend": 0.150551, "fair_value": 0.151436, "relative_strength": 0.378992, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.96688, "energy": 21.957042, "activity_lines": [ 0.158064, 0.158534, 0.156302, 0.154098 ] }, { "date": "2026-04-17", "close": 0.154839, "volume": 5132700, "typical_volume": 1013080.0, "trend": 0.151271, "fair_value": 0.151345, "relative_strength": 0.298846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.62633, "energy": 15.451752, "activity_lines": [ 0.156774, 0.158006, 0.156452, 0.154375 ] }, { "date": "2026-04-24", "close": 0.154839, "volume": 1067200, "typical_volume": 1057665.0, "trend": 0.151833, "fair_value": 0.151174, "relative_strength": -1.002705, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.103856, "energy": 16.227627, "activity_lines": [ 0.155807, 0.15739, 0.156544, 0.154605 ] }, { "date": "2026-05-01", "close": 0.159677, "volume": 3364700, "typical_volume": 1220785.0, "trend": 0.152398, "fair_value": 0.151033, "relative_strength": 2.184864, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.208435, "energy": 18.564902, "activity_lines": [ 0.156774, 0.157654, 0.157051, 0.155111 ] }, { "date": "2026-05-08", "close": 0.159677, "volume": 945900, "typical_volume": 1257660.0, "trend": 0.153121, "fair_value": 0.151001, "relative_strength": 0.814526, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.208422, "energy": 18.77594, "activity_lines": [ 0.157742, 0.15783, 0.157488, 0.155581 ] }, { "date": "2026-05-15", "close": 0.154839, "volume": 1523000, "typical_volume": 1303345.0, "trend": 0.153524, "fair_value": 0.15091, "relative_strength": -1.507988, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.907049, "energy": 10.576751, "activity_lines": [ 0.157097, 0.157214, 0.157396, 0.155692 ] }, { "date": "2026-05-22", "close": 0.155, "volume": 2151000, "typical_volume": 1405320.0, "trend": 0.153933, "fair_value": 0.150875, "relative_strength": 0.299237, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.558544, "energy": 9.579579, "activity_lines": [ 0.156505, 0.156716, 0.15725, 0.155787 ] }, { "date": "2026-05-29", "close": 0.165, "volume": 602100, "typical_volume": 1416390.0, "trend": 0.154357, "fair_value": 0.150933, "relative_strength": 8.715303, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.378987, "energy": 31.801416, "activity_lines": [ 0.159237, 0.15812, 0.15801, 0.156501 ] }, { "date": "2026-06-05", "close": 0.16, "volume": 335200, "typical_volume": 1398365.0, "trend": 0.154616, "fair_value": 0.150791, "relative_strength": 4.767579, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.257998, "energy": 27.694749, "activity_lines": [ 0.159624, 0.158519, 0.158222, 0.156865 ] }, { "date": "2026-06-12", "close": 0.155, "volume": 12500, "typical_volume": 1335385.0, "trend": 0.154548, "fair_value": 0.150646, "relative_strength": 2.195446, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.358895, "energy": 17.610654, "activity_lines": [ 0.158323, 0.158003, 0.157979, 0.15689 ] }, { "date": "2026-06-19", "close": 0.16, "volume": 136900, "typical_volume": 1292180.0, "trend": 0.154806, "fair_value": 0.150615, "relative_strength": 3.776045, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.490892, "energy": 27.427958, "activity_lines": [ 0.159, 0.158481, 0.158212, 0.157241 ] }, { "date": "2026-06-26", "close": 0.155, "volume": 50000, "typical_volume": 1257735.0, "trend": 0.155215, "fair_value": 0.150581, "relative_strength": 3.213198, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.32285, "energy": 8.793093, "activity_lines": [ 0.157667, 0.157956, 0.157944, 0.157254 ] }, { "date": "2026-07-03", "close": 0.155, "volume": 5000, "typical_volume": 1248695.0, "trend": 0.155543, "fair_value": 0.150407, "relative_strength": 2.512838, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.107265, "energy": 10.132907, "activity_lines": [ 0.156333, 0.157428, 0.157652, 0.15724 ] }, { "date": "2026-07-10", "close": 0.16, "volume": 1000, "typical_volume": 1239495.0, "trend": 0.156038, "fair_value": 0.150294, "relative_strength": 5.004137, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.077021, "energy": 10.240164, "activity_lines": [ 0.157333, 0.157806, 0.157836, 0.157528 ] }, { "date": "2026-07-17", "close": 0.155, "volume": 10000, "typical_volume": 1022625.0, "trend": 0.156366, "fair_value": 0.150148, "relative_strength": -0.605583, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.877696, "energy": 8.128256, "activity_lines": [ 0.156667, 0.15727, 0.157518, 0.157461 ] }, { "date": "2026-07-24", "close": 0.16, "volume": 0, "typical_volume": 937455.0, "trend": 0.157021, "fair_value": 0.150007, "relative_strength": 4.275853, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.541711, "energy": 12.897782, "activity_lines": [ 0.157667, 0.157727, 0.157723, 0.157695 ] }, { "date": "2026-07-31", "close": 0.16, "volume": 300500, "typical_volume": 913400.0, "trend": 0.157516, "fair_value": 0.149976, "relative_strength": 2.703627, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.800202, "energy": 22.525092, "activity_lines": [ 0.158667, 0.158091, 0.157925, 0.157887 ] }, { "date": "2026-08-07", "close": 0.15, "volume": 0, "typical_volume": 886640.0, "trend": 0.157516, "fair_value": 0.149799, "relative_strength": -4.396745, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.275303, "energy": 34.424816, "activity_lines": [ 0.156, 0.156545, 0.157174, 0.157402 ] }, { "date": "2026-08-14", "close": 0.15, "volume": 94800, "typical_volume": 854920.0, "trend": 0.157032, "fair_value": 0.149649, "relative_strength": -3.919786, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.796201, "energy": 51.901739, "activity_lines": [ 0.153667, 0.155273, 0.156469, 0.156917 ] }, { "date": "2026-08-21", "close": 0.15, "volume": 754600, "typical_volume": 845340.0, "trend": 0.156871, "fair_value": 0.149443, "relative_strength": -4.42284, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.482782, "energy": 66.462947, "activity_lines": [ 0.152, 0.154182, 0.15581, 0.156464 ] }, { "date": "2026-08-28", "close": 0.145, "volume": 283000, "typical_volume": 838505.0, "trend": 0.156543, "fair_value": 0.149261, "relative_strength": -6.970293, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.013312, "energy": 83.288693, "activity_lines": [ 0.149, 0.152273, 0.154721, 0.155698 ] }, { "date": "2026-09-04", "close": 0.145, "volume": 213000, "typical_volume": 592520.0, "trend": 0.156376, "fair_value": 0.149051, "relative_strength": -6.011342, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.673155, "energy": 86.703407, "activity_lines": [ 0.147, 0.150636, 0.153679, 0.154953 ] }, { "date": "2026-09-11", "close": 0.145, "volume": 41100, "typical_volume": 541215.0, "trend": 0.156048, "fair_value": 0.148869, "relative_strength": -4.875909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.06429, "energy": 88.85874, "activity_lines": [ 0.146, 0.149182, 0.152684, 0.154219 ] }, { "date": "2026-09-18", "close": 0.145, "volume": 260300, "typical_volume": 385995.0, "trend": 0.15572, "fair_value": 0.148687, "relative_strength": -3.742048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.494986, "energy": 88.642703, "activity_lines": [ 0.145333, 0.147909, 0.151735, 0.153506 ] }, { "date": "2026-09-25", "close": 0.145, "volume": 507000, "typical_volume": 364050.0, "trend": 0.15507, "fair_value": 0.148589, "relative_strength": -4.11113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.568447, "energy": 80.55529, "activity_lines": [ 0.145, 0.146909, 0.150856, 0.152815 ] } ], "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." } } }