{ "ticker": { "uuid": "7162fc51-94e0-40de-8d5a-b35378727dab", "symbol": "ORKT", "name": "Orangekloud Technology Inc. Class A Ordinary Shares", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -24.555, "architecture_energy": 23.468, "architecture_maturity": 13.315, "architecture_confidence": 63.183, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 49.11, "rotation_up": 21.05, "upward_expansion": 10.47, "deceleration": 50.66, "rotation_down": 53.35, "downward_expansion": 52.14 }, "activity_lines": [ 1.016667, 1.052273, 1.078405, 1.079128 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 1.0, "trend_reference": 1.071165, "distance_from_trend": -0.066437, "trend_direction": "Improving", "fair_value": 5.315117, "distance_from_fair_value": -0.811857, "fair_value_direction": "Improving", "relative_strength": -34.614948, "relative_strength_direction": "Improving", "price_momentum": -0.065421, "excess_performance": -0.252874, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.066437, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.050616, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.811857, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.011841, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.346149, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.140476, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.065421, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.51839, "read": "Supply-led" } ], "volume": { "latest": 109263, "relative_activity": 0.147003, "balance": 0.51839, "dry_up": 0.202198, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.211192, "annualized_volatility": 0.568966, "from_high_reference": -0.695122, "from_low_reference": 0.62206 }, "levels": { "trend_reference": 1.071165, "fair_value_reference": 5.315117, "structural_low": 0.8426, "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": 4, "median_return": -0.002972, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.104947, "regime_survival": 0.75, "best_return": 0.23301, "worst_return": -0.16129, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.064516, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.280436, "regime_survival": 1.0, "best_return": -0.064516, "worst_return": -0.064516, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-30", "end": "2026-02-20", "tenure": "New", "return": -0.114504, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-06-12", "tenure": "Established", "return": 0.064516, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-07-10", "tenure": "New", "return": -0.149606, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.038462, "active": true } ], "chart_path": [ { "date": "2024-07-26", "close": 22.12, "volume": 4178541, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 21.5948, "volume": 358425, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 21.9996, "volume": 179684, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 18.4, "volume": 3493957, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 19.952, "volume": 846995, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 19.48, "volume": 511709, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 18.88, "volume": 3251390, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 18.4, "volume": 1163999, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 20.36, "volume": 6902529, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 18.8, "volume": 2182864, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 20.4, "volume": 759647, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 27.2, "volume": 10895026, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 28.2, "volume": 10161220, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 7.12, "volume": 32264745, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 7.32, "volume": 3523079, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 14.32, "volume": 9602045, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 11.32, "volume": 1621343, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 12.36, "volume": 1136791, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 12.52, "volume": 340471, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 11.64, "volume": 270487, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 12.4, "volume": 9170107, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 7.8, "volume": 10899849, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 10.44, "volume": 1120580, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 12.8, "volume": 3446588, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 13.36, "volume": 12322774, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 4.48, "volume": 48332498, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 2.76, "volume": 12625532, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 6.92, "volume": 97311186, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 5.12, "volume": 4875930, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 4.92, "volume": 2798267, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 4.4, "volume": 1261764, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 4.0, "volume": 1041683, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 3.76, "volume": 643760, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 3.08, "volume": 537500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 3.0804, "volume": 447755, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 3.152, "volume": 946167, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 2.6512, "volume": 344758, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 2.592, "volume": 373505, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 2.2408, "volume": 422328, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 2.484, "volume": 1305367, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 2.02582, "volume": 858418, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 1.8896, "volume": 2795683, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 1.92, "volume": 829109, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 1.8804, "volume": 678558, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 1.84, "volume": 396347, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 2.132384, "volume": 1069564, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 2.0036, "volume": 1388263, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 2.24, "volume": 1381251, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-27", "close": 1.9764, "volume": 676628, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-04", "close": 2.3636, "volume": 1096182, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 3.156, "volume": 2995475, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 2.88, "volume": 747545, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 3.1788, "volume": 1138616, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-01", "close": 2.84, "volume": 1163621, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 3.196, "volume": 948629, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-15", "close": 2.958, "volume": 525284, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-22", "close": 2.9476, "volume": 453403, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-29", "close": 2.799604, "volume": 268500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-05", "close": 2.184, "volume": 911992, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-12", "close": 2.328, "volume": 951785, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-19", "close": 2.4408, "volume": 423604, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-09-26", "close": 2.3204, "volume": 316137, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-03", "close": 2.0, "volume": 401608, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-10", "close": 2.03, "volume": 266071, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-17", "close": 1.69, "volume": 155834, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-24", "close": 1.69, "volume": 282966, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-10-31", "close": 1.39, "volume": 128036, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-07", "close": 1.13, "volume": 119042, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-14", "close": 1.0929, "volume": 96390, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-21", "close": 0.9199, "volume": 227937, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-11-28", "close": 0.9754, "volume": 46305, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-05", "close": 0.940908, "volume": 53112, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-12", "close": 1.13, "volume": 13133033, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-19", "close": 0.9276, "volume": 416329, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-12-26", "close": 0.8328, "volume": 150921, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-02", "close": 0.721, "volume": 242802, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-09", "close": 0.7843, "volume": 215749, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-16", "close": 0.7174, "volume": 49318, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-23", "close": 0.80045, "volume": 437545, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-01-30", "close": 1.31, "volume": 47390073, "typical_volume": 3227640.6, "trend": 1.810395, "fair_value": 6.742631, "relative_strength": -49.445496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.37462, "energy": 34.593064, "activity_lines": [ 0.94624, 0.908745, 1.042744, 1.348218 ] }, { "date": "2026-02-06", "close": 1.07, "volume": 3523611, "typical_volume": 3382640.95, "trend": 1.740862, "fair_value": 6.672598, "relative_strength": -56.247106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.703929, "energy": 24.474827, "activity_lines": [ 1.01403, 0.937111, 1.021583, 1.30045 ] }, { "date": "2026-02-13", "close": 1.21, "volume": 9859797, "typical_volume": 3859823.95, "trend": 1.685195, "fair_value": 6.605981, "relative_strength": -48.101094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.8423, "energy": 20.529125, "activity_lines": [ 1.10522, 0.989212, 1.020283, 1.266201 ] }, { "date": "2026-02-20", "close": 1.16, "volume": 685780, "typical_volume": 3874032.55, "trend": 1.617902, "fair_value": 6.540367, "relative_strength": -49.168245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.472296, "energy": 17.801686, "activity_lines": [ 1.151363, 1.027329, 1.019508, 1.232318 ] }, { "date": "2026-02-27", "close": 1.24, "volume": 615594, "typical_volume": 3891508.7, "trend": 1.564569, "fair_value": 6.477267, "relative_strength": -43.835456, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.752727, "energy": 12.61534, "activity_lines": [ 1.194667, 1.079446, 1.030352, 1.207937 ] }, { "date": "2026-03-06", "close": 1.06, "volume": 892580, "typical_volume": 3928346.0, "trend": 1.493369, "fair_value": 6.413535, "relative_strength": -49.814132, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.3741, "energy": 11.161202, "activity_lines": [ 1.148667, 1.093156, 1.027816, 1.175384 ] }, { "date": "2026-03-13", "close": 1.04, "volume": 529834, "typical_volume": 3940689.4, "trend": 1.429435, "fair_value": 6.351052, "relative_strength": -48.950274, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.501895, "energy": 8.859507, "activity_lines": [ 1.112667, 1.099099, 1.026375, 1.146134 ] }, { "date": "2026-03-20", "close": 0.9541, "volume": 580437, "typical_volume": 3963309.45, "trend": 1.362985, "fair_value": 6.289018, "relative_strength": -50.908164, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.137136, "energy": 18.694574, "activity_lines": [ 1.050033, 1.083624, 1.019848, 1.115468 ] }, { "date": "2026-03-27", "close": 1.04, "volume": 533497, "typical_volume": 3984032.2, "trend": 1.304332, "fair_value": 6.22937, "relative_strength": -43.098791, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.434442, "energy": 19.61056, "activity_lines": [ 1.033093, 1.080679, 1.023578, 1.09463 ] }, { "date": "2026-04-03", "close": 1.04, "volume": 411315, "typical_volume": 3999778.45, "trend": 1.266199, "fair_value": 6.171063, "relative_strength": -43.771656, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.297067, "energy": 18.498057, "activity_lines": [ 1.024153, 1.071869, 1.027736, 1.077576 ] }, { "date": "2026-04-10", "close": 1.01, "volume": 585842, "typical_volume": 4017673.7, "trend": 1.222265, "fair_value": 6.113717, "relative_strength": -46.39526, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.795911, "energy": 18.994507, "activity_lines": [ 1.018547, 1.053249, 1.029289, 1.061047 ] }, { "date": "2026-04-17", "close": 1.09, "volume": 525002, "typical_volume": 4041608.55, "trend": 1.177239, "fair_value": 6.058512, "relative_strength": -44.340937, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.152225, "energy": 11.796824, "activity_lines": [ 1.04294, 1.054629, 1.038032, 1.052514 ] }, { "date": "2026-04-24", "close": 1.1, "volume": 520156, "typical_volume": 4064960.75, "trend": 1.136559, "fair_value": 6.004615, "relative_strength": -43.742796, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.228098, "energy": 5.990191, "activity_lines": [ 1.067333, 1.057464, 1.047182, 1.047531 ] }, { "date": "2026-05-01", "close": 1.04, "volume": 534840, "typical_volume": 3435051.1, "trend": 1.104559, "fair_value": 5.951232, "relative_strength": -46.711131, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.135678, "energy": 3.835087, "activity_lines": [ 1.062, 1.051389, 1.04986, 1.041301 ] }, { "date": "2026-05-08", "close": 1.04, "volume": 587706, "typical_volume": 3443619.95, "trend": 1.071559, "fair_value": 5.898985, "relative_strength": -48.662551, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.567196, "energy": 8.238863, "activity_lines": [ 1.056667, 1.047496, 1.052966, 1.037136 ] }, { "date": "2026-05-15", "close": 1.02, "volume": 528166, "typical_volume": 3462482.2, "trend": 1.049225, "fair_value": 5.847627, "relative_strength": -48.705, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.960476, "energy": 6.790428, "activity_lines": [ 1.044667, 1.043604, 1.053632, 1.03381 ] }, { "date": "2026-05-22", "close": 1.03, "volume": 554360, "typical_volume": 3478060.1, "trend": 1.027225, "fair_value": 5.797443, "relative_strength": -48.014315, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 14.071284, "energy": 13.258833, "activity_lines": [ 1.035333, 1.042256, 1.05436, 1.032569 ] }, { "date": "2026-05-29", "close": 1.16, "volume": 478537, "typical_volume": 3491199.5, "trend": 1.019559, "fair_value": 5.749635, "relative_strength": -42.301808, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.410149, "energy": 25.67931, "activity_lines": [ 1.073333, 1.064727, 1.065997, 1.041136 ] }, { "date": "2026-06-05", "close": 1.2, "volume": 1585396, "typical_volume": 3568003.4, "trend": 1.021892, "fair_value": 5.70321, "relative_strength": -36.448581, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.513486, "energy": 42.393313, "activity_lines": [ 1.120667, 1.090727, 1.079654, 1.052777 ] }, { "date": "2026-06-12", "close": 1.32, "volume": 815773, "typical_volume": 3586914.8, "trend": 1.029462, "fair_value": 5.658935, "relative_strength": -30.682487, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.548141, "energy": 61.163753, "activity_lines": [ 1.197333, 1.135636, 1.102442, 1.07201 ] }, { "date": "2026-06-19", "close": 1.27, "volume": 4382597, "typical_volume": 1436541.0, "trend": 1.041132, "fair_value": 5.615046, "relative_strength": -33.813487, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.05123, "energy": 63.784124, "activity_lines": [ 1.238667, 1.166364, 1.117994, 1.087528 ] }, { "date": "2026-06-26", "close": 1.09, "volume": 1170210, "typical_volume": 1318870.95, "trend": 1.044952, "fair_value": 5.570243, "relative_strength": -39.588001, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.135946, "energy": 47.918319, "activity_lines": [ 1.203333, 1.159636, 1.116593, 1.090681 ] }, { "date": "2026-07-03", "close": 0.963, "volume": 857806, "typical_volume": 868771.4, "trend": 1.045688, "fair_value": 5.525074, "relative_strength": -45.895097, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.692398, "energy": 12.65607, "activity_lines": [ 1.121667, 1.129818, 1.103002, 1.085394 ] }, { "date": "2026-07-10", "close": 1.08, "volume": 193027, "typical_volume": 844133.75, "trend": 1.044022, "fair_value": 5.481918, "relative_strength": -38.39641, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.539452, "energy": 14.004796, "activity_lines": [ 1.092133, 1.123764, 1.10173, 1.087608 ] }, { "date": "2026-07-17", "close": 1.04, "volume": 78750, "typical_volume": 817291.55, "trend": 1.047768, "fair_value": 5.439207, "relative_strength": -36.249092, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.334639, "energy": 17.157912, "activity_lines": [ 1.057267, 1.109709, 1.09703, 1.087348 ] }, { "date": "2026-07-24", "close": 1.07, "volume": 76150, "typical_volume": 776470.05, "trend": 1.055675, "fair_value": 5.397596, "relative_strength": -31.046032, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.140216, "energy": 9.953804, "activity_lines": [ 1.051067, 1.101109, 1.096139, 1.088782 ] }, { "date": "2026-07-31", "close": 0.97, "volume": 336987, "typical_volume": 766827.7, "trend": 1.063975, "fair_value": 5.355826, "relative_strength": -35.797799, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.518859, "energy": 17.737577, "activity_lines": [ 1.024867, 1.073418, 1.085677, 1.083255 ] }, { "date": "2026-08-07", "close": 1.0, "volume": 109263, "typical_volume": 743269.0, "trend": 1.071165, "fair_value": 5.315117, "relative_strength": -34.614948, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.555175, "energy": 23.467592, "activity_lines": [ 1.016667, 1.052273, 1.078405, 1.079128 ] } ], "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." } } }