{ "ticker": { "uuid": "72bf2797-e90d-4159-a056-6f5dee40f654", "symbol": "A5", "name": "Asset Five Group Public Company Limited", "exchange": "SET", "country": "TH", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^SET.BK", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 57.683, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -19.846, "architecture_energy": 18.357, "architecture_maturity": 18.716, "architecture_confidence": 77.92, "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": 53.48, "rotation_up": 19.74, "upward_expansion": 15.96, "deceleration": 66.97, "rotation_down": 55.32, "downward_expansion": 40.96 }, "activity_lines": [ 1.796, 1.829273, 1.834, 1.831857 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 1.75, "trend_reference": 1.823837, "distance_from_trend": -0.040484, "trend_direction": "Improving", "fair_value": 2.444528, "distance_from_fair_value": -0.284115, "fair_value_direction": "Improving", "relative_strength": -16.977775, "relative_strength_direction": "Weakening", "price_momentum": -0.02264, "excess_performance": -0.214965, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.040484, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.007846, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.284115, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.01577, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.169778, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.021175, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.02264, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.523032, "read": "Supply-led" } ], "volume": { "latest": 261100, "relative_activity": 0.907653, "balance": 0.523032, "dry_up": 0.744877, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.072967, "annualized_volatility": 0.22457, "from_high_reference": -0.204545, "from_low_reference": 0.377953 }, "levels": { "trend_reference": 1.823837, "fair_value_reference": 2.444528, "structural_low": 1.27, "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": 9, "median_return": 0.006622, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.022192, "regime_survival": 0.666667, "best_return": 0.1453, "worst_return": -0.116959, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.014015, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.050289, "regime_survival": 0.5, "best_return": 0.760684, "worst_return": -0.116883, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.267314, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.243264, "regime_survival": 0.0, "best_return": 0.666667, "worst_return": -0.132038, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.255005, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.366832, "regime_survival": 0.0, "best_return": 0.692308, "worst_return": -0.182297, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-10-14", "end": "2022-10-21", "tenure": "New", "return": 0.136752, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2022-10-28", "end": "2022-11-25", "tenure": "Developing", "return": 0.191177, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2022-12-02", "end": "2023-02-17", "tenure": "Developing", "return": -0.064039, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-02-24", "end": "2023-06-30", "tenure": "Established", "return": 0.162436, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-07-07", "end": "2023-09-22", "tenure": "Developing", "return": 0.026316, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-09-29", "end": "2023-10-20", "tenure": "New", "return": -0.243698, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-27", "end": "2023-11-10", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-17", "end": "2024-03-08", "tenure": "Established", "return": 0.060606, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-15", "end": "2024-06-14", "tenure": "Established", "return": -0.017161, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": -0.013072, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-19", "end": "2026-03-06", "tenure": "Extended", "return": -0.369517, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-06-26", "tenure": "Established", "return": -0.005435, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.112745, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.038462, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.47419, "volume": 13339300, "typical_volume": 24361410.0, "trend": 3.82178, "fair_value": 2.163755, "relative_strength": 37.32709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.475494, "energy": 59.892347, "activity_lines": [ 4.372308, 4.27132, 4.082972, 3.956151 ] }, { "date": "2023-08-25", "close": 4.787199, "volume": 15352300, "typical_volume": 23312195.0, "trend": 3.854923, "fair_value": 2.185833, "relative_strength": 40.608429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.718695, "energy": 71.116233, "activity_lines": [ 4.524517, 4.376772, 4.165915, 4.018436 ] }, { "date": "2023-09-01", "close": 4.695138, "volume": 33033000, "typical_volume": 24804575.0, "trend": 3.884996, "fair_value": 2.20732, "relative_strength": 35.53946, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.314554, "energy": 71.777802, "activity_lines": [ 4.607986, 4.454773, 4.234479, 4.072643 ] }, { "date": "2023-09-08", "close": 4.511014, "volume": 12841100, "typical_volume": 25207065.0, "trend": 3.914456, "fair_value": 2.227628, "relative_strength": 29.457832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.211808, "energy": 61.547432, "activity_lines": [ 4.605531, 4.484233, 4.280247, 4.113031 ] }, { "date": "2023-09-15", "close": 4.326891, "volume": 9653300, "typical_volume": 25345260.0, "trend": 3.942074, "fair_value": 2.246755, "relative_strength": 22.911068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.534831, "energy": 43.591198, "activity_lines": [ 4.520834, 4.474859, 4.303744, 4.13964 ] }, { "date": "2023-09-22", "close": 4.308478, "volume": 3170000, "typical_volume": 25455890.0, "trend": 3.964783, "fair_value": 2.265764, "relative_strength": 22.30252, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.031856, "energy": 30.749489, "activity_lines": [ 4.437365, 4.459794, 4.322069, 4.163279 ] }, { "date": "2023-09-29", "close": 4.382128, "volume": 4693500, "typical_volume": 25537125.0, "trend": 3.994856, "fair_value": 2.285245, "relative_strength": 27.005052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.17673, "energy": 21.584753, "activity_lines": [ 4.389493, 4.451425, 4.343375, 4.190205 ] }, { "date": "2023-10-06", "close": 3.848171, "volume": 10649400, "typical_volume": 25301830.0, "trend": 4.003448, "fair_value": 2.301304, "relative_strength": 12.840708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.011491, "energy": 15.519043, "activity_lines": [ 4.19064, 4.34296, 4.309969, 4.180741 ] }, { "date": "2023-10-13", "close": 3.645636, "volume": 2790300, "typical_volume": 23229475.0, "trend": 4.007745, "fair_value": 2.316064, "relative_strength": 5.030364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.069191, "energy": 39.209154, "activity_lines": [ 3.98074, 4.206374, 4.255785, 4.157656 ] }, { "date": "2023-10-20", "close": 3.314214, "volume": 2629200, "typical_volume": 22121090.0, "trend": 3.997311, "fair_value": 2.328699, "relative_strength": -1.666313, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -49.759657, "energy": 68.931961, "activity_lines": [ 3.718057, 4.019573, 4.170123, 4.112912 ] }, { "date": "2023-10-27", "close": 3.001205, "volume": 4898400, "typical_volume": 20529790.0, "trend": 3.971534, "fair_value": 2.339329, "relative_strength": -10.67002, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.032746, "energy": 78.913171, "activity_lines": [ 3.418551, 3.796282, 4.056756, 4.048648 ] }, { "date": "2023-11-03", "close": 3.093267, "volume": 3273500, "typical_volume": 17685255.0, "trend": 3.954349, "fair_value": 2.350548, "relative_strength": -10.413291, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.62752, "energy": 81.297998, "activity_lines": [ 3.236883, 3.616511, 3.956628, 3.991985 ] }, { "date": "2023-11-10", "close": 3.001205, "volume": 1598400, "typical_volume": 14807670.0, "trend": 3.934709, "fair_value": 2.361177, "relative_strength": -11.647271, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.202763, "energy": 91.179855, "activity_lines": [ 3.110451, 3.4508, 3.852993, 3.930492 ] }, { "date": "2023-11-17", "close": 3.03803, "volume": 3077300, "typical_volume": 13597950.0, "trend": 3.918752, "fair_value": 2.372042, "relative_strength": -12.543906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.145877, "energy": 87.401656, "activity_lines": [ 3.05276, 3.322584, 3.756986, 3.872642 ] }, { "date": "2023-11-24", "close": 2.945969, "volume": 5681800, "typical_volume": 12667310.0, "trend": 3.896657, "fair_value": 2.382317, "relative_strength": -14.260471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.778503, "energy": 83.035656, "activity_lines": [ 3.004888, 3.20441, 3.657823, 3.809882 ] }, { "date": "2023-12-01", "close": 2.79867, "volume": 4022100, "typical_volume": 10306225.0, "trend": 3.874562, "fair_value": 2.391648, "relative_strength": -17.376132, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.480676, "energy": 75.546664, "activity_lines": [ 2.932466, 3.084563, 3.550593, 3.739044 ] }, { "date": "2023-12-08", "close": 2.890732, "volume": 4572700, "typical_volume": 8925460.0, "trend": 3.851854, "fair_value": 2.401569, "relative_strength": -14.430418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.660131, "energy": 64.709306, "activity_lines": [ 2.904234, 3.008905, 3.457567, 3.675571 ] }, { "date": "2023-12-15", "close": 2.853907, "volume": 2637600, "typical_volume": 8462880.0, "trend": 3.829145, "fair_value": 2.411254, "relative_strength": -15.832273, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.975807, "energy": 63.652501, "activity_lines": [ 2.877229, 2.953668, 3.367347, 3.611187 ] }, { "date": "2023-12-22", "close": 2.890732, "volume": 5799800, "typical_volume": 8488455.0, "trend": 3.803368, "fair_value": 2.421175, "relative_strength": -15.331211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.044483, "energy": 59.145706, "activity_lines": [ 2.87232, 2.923204, 3.287648, 3.550644 ] }, { "date": "2023-12-29", "close": 3.056442, "volume": 6416600, "typical_volume": 7506480.0, "trend": 3.780046, "fair_value": 2.432159, "relative_strength": -11.1474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.297922, "energy": 51.070946, "activity_lines": [ 2.932466, 2.936595, 3.229956, 3.502456 ] }, { "date": "2024-01-05", "close": 2.964381, "volume": 10851500, "typical_volume": 7382090.0, "trend": 3.747517, "fair_value": 2.442552, "relative_strength": -14.545009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.148352, "energy": 46.164818, "activity_lines": [ 2.954561, 2.937934, 3.170073, 3.449832 ] }, { "date": "2024-01-12", "close": 2.872319, "volume": 3995700, "typical_volume": 6814260.0, "trend": 3.703328, "fair_value": 2.452355, "relative_strength": -16.205474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.418938, "energy": 44.76531, "activity_lines": [ 2.934921, 2.923204, 3.10861, 3.393368 ] }, { "date": "2024-01-19", "close": 2.909144, "volume": 3880800, "typical_volume": 5356650.0, "trend": 3.671413, "fair_value": 2.462394, "relative_strength": -13.058031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.161808, "energy": 41.712041, "activity_lines": [ 2.928784, 2.919187, 3.059774, 3.34213 ] }, { "date": "2024-01-26", "close": 2.853907, "volume": 3993100, "typical_volume": 4914250.0, "trend": 3.625996, "fair_value": 2.472079, "relative_strength": -13.697052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.951654, "energy": 51.281217, "activity_lines": [ 2.900551, 2.906801, 3.014182, 3.289388 ] }, { "date": "2024-02-02", "close": 2.872319, "volume": 7933600, "typical_volume": 4828265.0, "trend": 3.581807, "fair_value": 2.481882, "relative_strength": -14.022815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.932375, "energy": 52.123155, "activity_lines": [ 2.880912, 2.901109, 2.978234, 3.240763 ] }, { "date": "2024-02-09", "close": 3.001205, "volume": 11196300, "typical_volume": 5229580.0, "trend": 3.550506, "fair_value": 2.492511, "relative_strength": -10.430039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.686905, "energy": 43.96633, "activity_lines": [ 2.916509, 2.920191, 2.961487, 3.203305 ] }, { "date": "2024-02-16", "close": 2.982793, "volume": 5583000, "typical_volume": 5274055.0, "trend": 3.509385, "fair_value": 2.503022, "relative_strength": -10.868556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.025586, "energy": 35.96446, "activity_lines": [ 2.943513, 2.932243, 2.949213, 3.166678 ] }, { "date": "2024-02-23", "close": 2.982793, "volume": 6825500, "typical_volume": 5082860.0, "trend": 3.464582, "fair_value": 2.513533, "relative_strength": -11.564389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.832138, "energy": 28.311291, "activity_lines": [ 2.963153, 2.942621, 2.943601, 3.132705 ] }, { "date": "2024-03-01", "close": 3.130091, "volume": 14249200, "typical_volume": 5655805.0, "trend": 3.428984, "fair_value": 2.524988, "relative_strength": -5.205592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.485207, "energy": 16.866878, "activity_lines": [ 3.026982, 2.977437, 2.956139, 3.111125 ] }, { "date": "2024-03-08", "close": 3.222153, "volume": 12905700, "typical_volume": 6169630.0, "trend": 3.388477, "fair_value": 2.537034, "relative_strength": -3.815779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.049449, "energy": 15.410137, "activity_lines": [ 3.103087, 3.024639, 2.9799, 3.097781 ] }, { "date": "2024-03-15", "close": 2.927556, "volume": 7550600, "typical_volume": 6302240.0, "trend": 3.336923, "fair_value": 2.547191, "relative_strength": -12.490488, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.955103, "energy": 15.540523, "activity_lines": [ 3.05767, 3.015266, 2.976042, 3.068044 ] }, { "date": "2024-03-22", "close": 2.872319, "volume": 2167500, "typical_volume": 6246940.0, "trend": 3.273094, "fair_value": 2.556994, "relative_strength": -13.694065, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.498131, "energy": 14.300104, "activity_lines": [ 2.99875, 2.996518, 2.967274, 3.038069 ] }, { "date": "2024-03-29", "close": 3.019618, "volume": 3576200, "typical_volume": 6345830.0, "trend": 3.217243, "fair_value": 2.567741, "relative_strength": -8.951911, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.160755, "energy": 15.024832, "activity_lines": [ 2.996295, 3.004553, 2.973587, 3.021716 ] }, { "date": "2024-04-05", "close": 3.03803, "volume": 6362900, "typical_volume": 6510110.0, "trend": 3.168143, "fair_value": 2.578606, "relative_strength": -8.18108, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.381263, "energy": 18.600258, "activity_lines": [ 2.997523, 3.013927, 2.981566, 3.010154 ] }, { "date": "2024-04-12", "close": 3.093267, "volume": 1106200, "typical_volume": 6281330.0, "trend": 3.127023, "fair_value": 2.589826, "relative_strength": -7.8754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.713203, "energy": 10.029202, "activity_lines": [ 3.0233, 3.029995, 2.994805, 3.005323 ] }, { "date": "2024-04-19", "close": 3.093267, "volume": 0, "typical_volume": 6080225.0, "trend": 3.086516, "fair_value": 2.601045, "relative_strength": -3.479018, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.121357, "energy": 10.016255, "activity_lines": [ 3.05767, 3.042047, 3.007343, 3.003146 ] }, { "date": "2024-04-26", "close": 3.019618, "volume": 1147700, "typical_volume": 5908975.0, "trend": 3.041099, "fair_value": 2.611792, "relative_strength": -7.604257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.618985, "energy": 18.971155, "activity_lines": [ 3.056442, 3.039034, 3.011464, 2.99883 ] }, { "date": "2024-05-03", "close": 3.130091, "volume": 13188500, "typical_volume": 6436520.0, "trend": 3.017163, "fair_value": 2.623248, "relative_strength": -4.942472, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.107698, "energy": 32.78879, "activity_lines": [ 3.082219, 3.055438, 3.025492, 3.004571 ] }, { "date": "2024-05-10", "close": 3.194942, "volume": 20736800, "typical_volume": 7183370.0, "trend": 3.00214, "fair_value": 2.635119, "relative_strength": -3.14489, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.863029, "energy": 52.972125, "activity_lines": [ 3.122249, 3.080955, 3.044382, 3.016041 ] }, { "date": "2024-05-17", "close": 3.064155, "volume": 3864200, "typical_volume": 7055750.0, "trend": 2.993804, "fair_value": 2.646151, "relative_strength": -7.747229, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.246267, "energy": 35.075567, "activity_lines": [ 3.108221, 3.081512, 3.049367, 3.020042 ] }, { "date": "2024-05-24", "close": 2.989419, "volume": 451600, "typical_volume": 6535755.0, "trend": 2.993411, "fair_value": 2.656705, "relative_strength": -8.648648, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.481931, "energy": 18.261489, "activity_lines": [ 3.071223, 3.071355, 3.047197, 3.019759 ] }, { "date": "2024-05-31", "close": 3.045471, "volume": 6654300, "typical_volume": 6668685.0, "trend": 2.991818, "fair_value": 2.667618, "relative_strength": -5.490345, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.317031, "energy": 15.61893, "activity_lines": [ 3.059831, 3.070264, 3.050247, 3.023117 ] }, { "date": "2024-06-07", "close": 2.821265, "volume": 2364900, "typical_volume": 6592890.0, "trend": 2.98582, "fair_value": 2.677094, "relative_strength": -11.302421, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.679735, "energy": 22.613703, "activity_lines": [ 2.971981, 3.025259, 3.031119, 3.012114 ] }, { "date": "2024-06-14", "close": 2.877316, "volume": 2455300, "typical_volume": 6516000.0, "trend": 2.980463, "fair_value": 2.686929, "relative_strength": -7.362002, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.043665, "energy": 33.700371, "activity_lines": [ 2.923403, 2.994053, 3.017747, 3.005114 ] }, { "date": "2024-06-21", "close": 2.858632, "volume": 7263800, "typical_volume": 6482510.0, "trend": 2.977552, "fair_value": 2.696644, "relative_strength": -7.669068, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.584015, "energy": 45.920133, "activity_lines": [ 2.889772, 2.962371, 3.002485, 2.997254 ] }, { "date": "2024-06-28", "close": 2.933368, "volume": 14318300, "typical_volume": 6638610.0, "trend": 2.982042, "fair_value": 2.706838, "relative_strength": -4.431444, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.602466, "energy": 41.752736, "activity_lines": [ 2.894754, 2.948544, 2.994406, 2.994403 ] }, { "date": "2024-07-05", "close": 2.839948, "volume": 1292200, "typical_volume": 6424070.0, "trend": 2.980349, "fair_value": 2.716434, "relative_strength": -7.76282, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.978946, "energy": 43.941705, "activity_lines": [ 2.872334, 2.920639, 2.977753, 2.985236 ] }, { "date": "2024-07-12", "close": 2.821265, "volume": 660700, "typical_volume": 6115830.0, "trend": 2.979261, "fair_value": 2.725909, "relative_strength": -9.39409, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.020839, "energy": 45.746572, "activity_lines": [ 2.857387, 2.892603, 2.96, 2.974972 ] }, { "date": "2024-07-19", "close": 2.839948, "volume": 1227900, "typical_volume": 5464765.0, "trend": 2.977568, "fair_value": 2.735505, "relative_strength": -7.303983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.549615, "energy": 36.240278, "activity_lines": [ 2.848667, 2.873579, 2.944796, 2.965984 ] }, { "date": "2024-07-26", "close": 2.821265, "volume": 1453400, "typical_volume": 4892150.0, "trend": 2.969729, "fair_value": 2.74498, "relative_strength": -6.71646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.747582, "energy": 40.022939, "activity_lines": [ 2.836212, 2.857613, 2.929195, 2.9559 ] }, { "date": "2024-08-02", "close": 2.783897, "volume": 140100, "typical_volume": 4521625.0, "trend": 2.963713, "fair_value": 2.754217, "relative_strength": -7.886629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.0244, "energy": 43.953428, "activity_lines": [ 2.813791, 2.839269, 2.911943, 2.943911 ] }, { "date": "2024-08-09", "close": 2.671793, "volume": 499400, "typical_volume": 4438220.0, "trend": 2.957028, "fair_value": 2.762734, "relative_strength": -9.879288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.416676, "energy": 56.19262, "activity_lines": [ 2.763967, 2.804279, 2.884699, 2.925078 ] }, { "date": "2024-08-16", "close": 2.671793, "volume": 636000, "typical_volume": 4291210.0, "trend": 2.949117, "fair_value": 2.771252, "relative_strength": -9.608958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.953284, "energy": 65.870055, "activity_lines": [ 2.725354, 2.776083, 2.85841, 2.906675 ] }, { "date": "2024-08-23", "close": 2.65311, "volume": 369100, "typical_volume": 3991520.0, "trend": 2.942424, "fair_value": 2.779649, "relative_strength": -12.85728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.644314, "energy": 69.632898, "activity_lines": [ 2.690477, 2.747208, 2.831998, 2.887578 ] }, { "date": "2024-08-30", "close": 2.634426, "volume": 3895900, "typical_volume": 4131005.0, "trend": 2.934494, "fair_value": 2.787927, "relative_strength": -12.942378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.433141, "energy": 65.509033, "activity_lines": [ 2.661829, 2.719013, 2.805639, 2.867707 ] }, { "date": "2024-09-06", "close": 2.578374, "volume": 4039900, "typical_volume": 4333000.0, "trend": 2.920399, "fair_value": 2.795846, "relative_strength": -18.102242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.01758, "energy": 66.303988, "activity_lines": [ 2.626952, 2.684702, 2.776127, 2.844732 ] }, { "date": "2024-09-13", "close": 2.541007, "volume": 2397100, "typical_volume": 4395470.0, "trend": 2.905673, "fair_value": 2.803525, "relative_strength": -18.377507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.114806, "energy": 68.521142, "activity_lines": [ 2.593321, 2.650052, 2.745508, 2.820255 ] }, { "date": "2024-09-20", "close": 2.541007, "volume": 0, "typical_volume": 3736045.0, "trend": 2.890947, "fair_value": 2.811205, "relative_strength": -19.144593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.220898, "energy": 69.398398, "activity_lines": [ 2.56841, 2.620838, 2.717169, 2.796728 ] }, { "date": "2024-09-27", "close": 2.522323, "volume": 13050400, "typical_volume": 3351725.0, "trend": 2.870688, "fair_value": 2.818764, "relative_strength": -18.759884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.207634, "energy": 73.481133, "activity_lines": [ 2.545989, 2.593322, 2.689855, 2.772946 ] }, { "date": "2024-10-04", "close": 2.466271, "volume": 1920200, "typical_volume": 3254525.0, "trend": 2.845492, "fair_value": 2.825964, "relative_strength": -19.541473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.191397, "energy": 77.609294, "activity_lines": [ 2.513604, 2.561389, 2.660405, 2.746854 ] }, { "date": "2024-10-11", "close": 2.466271, "volume": 776900, "typical_volume": 3270790.0, "trend": 2.830116, "fair_value": 2.833164, "relative_strength": -20.353424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.352588, "energy": 72.921692, "activity_lines": [ 2.492429, 2.535911, 2.633803, 2.722389 ] }, { "date": "2024-10-18", "close": 2.484955, "volume": 31971400, "typical_volume": 4536645.0, "trend": 2.817204, "fair_value": 2.840484, "relative_strength": -20.302599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.32711, "energy": 60.583741, "activity_lines": [ 2.484955, 2.519605, 2.611471, 2.70012 ] }, { "date": "2024-10-25", "close": 2.447587, "volume": 619700, "typical_volume": 4449385.0, "trend": 2.798136, "fair_value": 2.847564, "relative_strength": -19.723969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.666362, "energy": 68.532134, "activity_lines": [ 2.468762, 2.499902, 2.58825, 2.676274 ] }, { "date": "2024-11-01", "close": 2.522323, "volume": 6849000, "typical_volume": 4669070.0, "trend": 2.780946, "fair_value": 2.855124, "relative_strength": -16.965639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.996167, "energy": 47.035472, "activity_lines": [ 2.483709, 2.497864, 2.573926, 2.658479 ] }, { "date": "2024-11-08", "close": 2.821265, "volume": 71562100, "typical_volume": 7883985.0, "trend": 2.771879, "fair_value": 2.864599, "relative_strength": -6.956008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.464029, "energy": 12.432775, "activity_lines": [ 2.598304, 2.552557, 2.589763, 2.661081 ] }, { "date": "2024-11-15", "close": 2.55969, "volume": 13905600, "typical_volume": 7863350.0, "trend": 2.754093, "fair_value": 2.872398, "relative_strength": -13.994949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.685615, "energy": 19.436902, "activity_lines": [ 2.602041, 2.556293, 2.580866, 2.647391 ] }, { "date": "2024-11-22", "close": 2.522323, "volume": 10296600, "typical_volume": 8313570.0, "trend": 2.737517, "fair_value": 2.879958, "relative_strength": -15.177602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.846606, "energy": 21.077524, "activity_lines": [ 2.587094, 2.553576, 2.570189, 2.632438 ] }, { "date": "2024-11-29", "close": 2.541007, "volume": 3550800, "typical_volume": 8458075.0, "trend": 2.717881, "fair_value": 2.887637, "relative_strength": -13.225394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.543714, "energy": 20.048908, "activity_lines": [ 2.575883, 2.554595, 2.562805, 2.61976 ] }, { "date": "2024-12-06", "close": 2.503639, "volume": 13727600, "typical_volume": 9083060.0, "trend": 2.694837, "fair_value": 2.895077, "relative_strength": -15.647725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.737519, "energy": 29.290884, "activity_lines": [ 2.545989, 2.54882, 2.553196, 2.605938 ] }, { "date": "2024-12-13", "close": 2.503639, "volume": 10424800, "typical_volume": 9531630.0, "trend": 2.676153, "fair_value": 2.902516, "relative_strength": -14.207802, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.765912, "energy": 30.885992, "activity_lines": [ 2.517341, 2.543385, 2.545188, 2.593603 ] }, { "date": "2024-12-20", "close": 2.391536, "volume": 6443300, "typical_volume": 9846790.0, "trend": 2.656224, "fair_value": 2.909237, "relative_strength": -13.802617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.735334, "energy": 44.35695, "activity_lines": [ 2.472499, 2.516888, 2.528017, 2.57524 ] }, { "date": "2024-12-27", "close": 2.541007, "volume": 18893200, "typical_volume": 10766480.0, "trend": 2.639408, "fair_value": 2.916917, "relative_strength": -10.500676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.189761, "energy": 31.524938, "activity_lines": [ 2.488692, 2.518926, 2.526949, 2.567807 ] }, { "date": "2025-01-03", "close": 2.466271, "volume": 7734600, "typical_volume": 11121410.0, "trend": 2.627575, "fair_value": 2.924117, "relative_strength": -11.838589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.988252, "energy": 29.474113, "activity_lines": [ 2.478727, 2.506357, 2.519387, 2.556637 ] }, { "date": "2025-01-10", "close": 2.391536, "volume": 50563500, "typical_volume": 13631130.0, "trend": 2.611383, "fair_value": 2.930838, "relative_strength": -13.22769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.973235, "energy": 30.975573, "activity_lines": [ 2.448833, 2.47986, 2.505685, 2.541409 ] }, { "date": "2025-01-17", "close": 2.391536, "volume": 3317500, "typical_volume": 13602210.0, "trend": 2.595813, "fair_value": 2.937559, "relative_strength": -11.185229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.590118, "energy": 29.223775, "activity_lines": [ 2.426412, 2.45574, 2.493229, 2.527225 ] }, { "date": "2025-01-24", "close": 2.484955, "volume": 4231900, "typical_volume": 13611810.0, "trend": 2.580866, "fair_value": 2.944879, "relative_strength": -8.411975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.494356, "energy": 26.043538, "activity_lines": [ 2.442605, 2.45642, 2.490827, 2.520073 ] }, { "date": "2025-01-31", "close": 2.354168, "volume": 3332100, "typical_volume": 13658560.0, "trend": 2.564673, "fair_value": 2.95136, "relative_strength": -10.375884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.17083, "energy": 32.089721, "activity_lines": [ 2.408974, 2.434679, 2.476414, 2.505447 ] }, { "date": "2025-02-07", "close": 2.260748, "volume": 5954400, "typical_volume": 13956280.0, "trend": 2.545989, "fair_value": 2.957243, "relative_strength": -11.417124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.011098, "energy": 43.614257, "activity_lines": [ 2.356659, 2.399009, 2.453993, 2.485839 ] }, { "date": "2025-02-14", "close": 2.335484, "volume": 1707500, "typical_volume": 13389135.0, "trend": 2.529174, "fair_value": 2.963604, "relative_strength": -7.487903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.031136, "energy": 40.345468, "activity_lines": [ 2.342957, 2.382024, 2.440025, 2.472258 ] }, { "date": "2025-02-21", "close": 2.372852, "volume": 1390900, "typical_volume": 13362670.0, "trend": 2.514226, "fair_value": 2.970206, "relative_strength": -3.841302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.440645, "energy": 44.144537, "activity_lines": [ 2.345449, 2.37489, 2.430505, 2.462173 ] }, { "date": "2025-02-28", "close": 2.279432, "volume": 1485200, "typical_volume": 13398085.0, "trend": 2.497411, "fair_value": 2.976208, "relative_strength": -3.99779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.354925, "energy": 44.595716, "activity_lines": [ 2.318046, 2.353149, 2.412533, 2.447025 ] }, { "date": "2025-03-07", "close": 2.47172, "volume": 1641200, "typical_volume": 11881575.0, "trend": 2.490742, "fair_value": 2.980411, "relative_strength": 4.519989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.744705, "energy": 19.019909, "activity_lines": [ 2.36844, 2.368407, 2.413763, 2.445367 ] }, { "date": "2025-03-14", "close": 2.393871, "volume": 935300, "typical_volume": 11897355.0, "trend": 2.481478, "fair_value": 2.982469, "relative_strength": 3.739822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.146488, "energy": 16.12869, "activity_lines": [ 2.385048, 2.370771, 2.407643, 2.439118 ] }, { "date": "2025-03-21", "close": 2.296559, "volume": 708700, "typical_volume": 11590340.0, "trend": 2.469593, "fair_value": 2.985196, "relative_strength": -1.41572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.397039, "energy": 20.680963, "activity_lines": [ 2.360344, 2.356758, 2.392511, 2.427187 ] }, { "date": "2025-03-28", "close": 2.238172, "volume": 499700, "typical_volume": 8037220.0, "trend": 2.456384, "fair_value": 2.987079, "relative_strength": -2.736175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.253506, "energy": 26.866981, "activity_lines": [ 2.318772, 2.333856, 2.372892, 2.412257 ] }, { "date": "2025-04-04", "close": 2.257634, "volume": 1031400, "typical_volume": 7393510.0, "trend": 2.445693, "fair_value": 2.982854, "relative_strength": 2.69403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.116918, "energy": 37.999272, "activity_lines": [ 2.292666, 2.317281, 2.357905, 2.399434 ] }, { "date": "2025-04-11", "close": 2.296559, "volume": 484500, "typical_volume": 6902905.0, "trend": 2.437545, "fair_value": 2.980525, "relative_strength": 4.330598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.023606, "energy": 42.575834, "activity_lines": [ 2.280989, 2.311917, 2.348062, 2.389813 ] }, { "date": "2025-04-18", "close": 2.179785, "volume": 227200, "typical_volume": 6736725.0, "trend": 2.425504, "fair_value": 2.976741, "relative_strength": -2.480343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.294545, "energy": 52.528169, "activity_lines": [ 2.242064, 2.286368, 2.328173, 2.373183 ] }, { "date": "2025-04-25", "close": 2.21871, "volume": 2957000, "typical_volume": 6198195.0, "trend": 2.415383, "fair_value": 2.971679, "relative_strength": -1.128685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.741935, "energy": 45.862108, "activity_lines": [ 2.230387, 2.269368, 2.313712, 2.359842 ] }, { "date": "2025-05-02", "close": 2.257634, "volume": 418200, "typical_volume": 5697865.0, "trend": 2.408429, "fair_value": 2.970276, "relative_strength": -2.359065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.571797, "energy": 36.969497, "activity_lines": [ 2.236874, 2.261569, 2.304314, 2.349664 ] }, { "date": "2025-05-09", "close": 2.160323, "volume": 426300, "typical_volume": 5397015.0, "trend": 2.398231, "fair_value": 2.968781, "relative_strength": -6.985115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.433413, "energy": 44.939272, "activity_lines": [ 2.209627, 2.238172, 2.286821, 2.333657 ] }, { "date": "2025-05-16", "close": 2.14086, "volume": 705800, "typical_volume": 4487645.0, "trend": 2.386761, "fair_value": 2.966571, "relative_strength": -6.253554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.938103, "energy": 42.835748, "activity_lines": [ 2.18238, 2.213402, 2.268574, 2.317053 ] }, { "date": "2025-05-23", "close": 2.101936, "volume": 589300, "typical_volume": 4130380.0, "trend": 2.375239, "fair_value": 2.964347, "relative_strength": -6.057065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.367811, "energy": 47.738155, "activity_lines": [ 2.152538, 2.18757, 2.248526, 2.298677 ] }, { "date": "2025-05-30", "close": 2.160323, "volume": 784700, "typical_volume": 1641440.0, "trend": 2.363172, "fair_value": 2.962498, "relative_strength": -0.779405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.986611, "energy": 45.99322, "activity_lines": [ 2.147348, 2.177662, 2.235774, 2.284811 ] }, { "date": "2025-06-06", "close": 2.101936, "volume": 256600, "typical_volume": 1488395.0, "trend": 2.339195, "fair_value": 2.960156, "relative_strength": -2.112359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.882752, "energy": 45.811834, "activity_lines": [ 2.126588, 2.159615, 2.218561, 2.267958 ] }, { "date": "2025-06-13", "close": 2.063011, "volume": 224500, "typical_volume": 1288025.0, "trend": 2.322639, "fair_value": 2.959925, "relative_strength": -2.387874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.072589, "energy": 47.275224, "activity_lines": [ 2.103233, 2.136968, 2.199021, 2.250139 ] }, { "date": "2025-06-20", "close": 1.985161, "volume": 471900, "typical_volume": 1145015.0, "trend": 2.304733, "fair_value": 2.958369, "relative_strength": -0.893562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.902426, "energy": 50.607382, "activity_lines": [ 2.060416, 2.103705, 2.174076, 2.228366 ] }, { "date": "2025-06-27", "close": 1.926774, "volume": 1251700, "typical_volume": 909880.0, "trend": 2.284259, "fair_value": 2.957619, "relative_strength": -4.658892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.823655, "energy": 62.773739, "activity_lines": [ 2.008516, 2.065488, 2.145327, 2.203982 ] }, { "date": "2025-07-04", "close": 1.829462, "volume": 524000, "typical_volume": 850705.0, "trend": 2.261786, "fair_value": 2.956954, "relative_strength": -12.025649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.121358, "energy": 71.475428, "activity_lines": [ 1.935856, 2.014178, 2.108901, 2.17464 ] }, { "date": "2025-07-11", "close": 1.848925, "volume": 1059000, "typical_volume": 834110.0, "trend": 2.239963, "fair_value": 2.957239, "relative_strength": -10.750732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.035784, "energy": 73.057584, "activity_lines": [ 1.891742, 1.973484, 2.076738, 2.148004 ] }, { "date": "2025-07-18", "close": 1.829462, "volume": 2326200, "typical_volume": 876160.0, "trend": 2.221227, "fair_value": 2.956928, "relative_strength": -17.394191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.406687, "energy": 72.710036, "activity_lines": [ 1.858007, 1.936682, 2.045217, 2.12152 ] }, { "date": "2025-07-25", "close": 1.81, "volume": 611200, "typical_volume": 824660.0, "trend": 2.19686, "fair_value": 2.956727, "relative_strength": -18.408975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.180049, "energy": 71.980757, "activity_lines": [ 1.833355, 1.902358, 2.013984, 2.094989 ] }, { "date": "2025-08-01", "close": 1.819731, "volume": 112800, "typical_volume": 783535.0, "trend": 2.175309, "fair_value": 2.956354, "relative_strength": -17.50444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.79556, "energy": 64.18852, "activity_lines": [ 1.823624, 1.875818, 1.986829, 2.070658 ] }, { "date": "2025-08-08", "close": 1.829462, "volume": 674300, "typical_volume": 781815.0, "trend": 2.156573, "fair_value": 2.956337, "relative_strength": -19.226264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.028486, "energy": 53.407079, "activity_lines": [ 1.824272, 1.856179, 1.963336, 2.048346 ] }, { "date": "2025-08-15", "close": 1.800269, "volume": 6914500, "typical_volume": 1102555.0, "trend": 2.136864, "fair_value": 2.956075, "relative_strength": -20.006178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.611733, "energy": 50.193857, "activity_lines": [ 1.81519, 1.837247, 1.939286, 2.025358 ] }, { "date": "2025-08-22", "close": 1.819731, "volume": 1587100, "typical_volume": 1130340.0, "trend": 2.11469, "fair_value": 2.955937, "relative_strength": -18.307218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.526684, "energy": 45.475653, "activity_lines": [ 1.815839, 1.827339, 1.919175, 2.004898 ] }, { "date": "2025-08-29", "close": 1.800269, "volume": 910900, "typical_volume": 1151660.0, "trend": 2.096226, "fair_value": 2.955792, "relative_strength": -17.654242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.812545, "energy": 44.883993, "activity_lines": [ 1.810649, 1.818316, 1.899295, 1.984613 ] }, { "date": "2025-09-05", "close": 1.839194, "volume": 1623400, "typical_volume": 1221470.0, "trend": 2.082175, "fair_value": 2.955307, "relative_strength": -17.432746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.546508, "energy": 39.0883, "activity_lines": [ 1.819083, 1.819731, 1.885486, 1.96803 ] }, { "date": "2025-09-12", "close": 1.819731, "volume": 598200, "typical_volume": 1103530.0, "trend": 2.064983, "fair_value": 2.954343, "relative_strength": -19.796143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.214878, "energy": 31.535632, "activity_lines": [ 1.819731, 1.8192, 1.871445, 1.951098 ] }, { "date": "2025-09-19", "close": 1.829462, "volume": 520800, "typical_volume": 1108660.0, "trend": 2.04687, "fair_value": 2.953205, "relative_strength": -19.013485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.395444, "energy": 30.407091, "activity_lines": [ 1.824272, 1.820616, 1.860231, 1.935903 ] }, { "date": "2025-09-26", "close": 1.819731, "volume": 220300, "typical_volume": 1098360.0, "trend": 2.031547, "fair_value": 2.951061, "relative_strength": -18.279121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.304232, "energy": 28.221717, "activity_lines": [ 1.823624, 1.820616, 1.850129, 1.921249 ] }, { "date": "2025-10-03", "close": 1.819731, "volume": 267900, "typical_volume": 1076465.0, "trend": 2.009814, "fair_value": 2.949271, "relative_strength": -18.949133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.192343, "energy": 32.159711, "activity_lines": [ 1.822975, 1.820793, 1.841649, 1.907584 ] }, { "date": "2025-10-10", "close": 1.819731, "volume": 140500, "typical_volume": 1054025.0, "trend": 1.990676, "fair_value": 2.947127, "relative_strength": -18.292884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.21758, "energy": 30.596041, "activity_lines": [ 1.821028, 1.820793, 1.834699, 1.89532 ] }, { "date": "2025-10-17", "close": 1.790538, "volume": 194500, "typical_volume": 1024515.0, "trend": 1.973808, "fair_value": 2.942907, "relative_strength": -18.585316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.977336, "energy": 38.327259, "activity_lines": [ 1.810649, 1.815485, 1.826311, 1.882408 ] }, { "date": "2025-10-24", "close": 1.819731, "volume": 445500, "typical_volume": 1033960.0, "trend": 1.95986, "fair_value": 2.93852, "relative_strength": -19.474747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.798586, "energy": 32.49764, "activity_lines": [ 1.811946, 1.816193, 1.822465, 1.872468 ] }, { "date": "2025-10-31", "close": 1.819731, "volume": 203200, "typical_volume": 1032895.0, "trend": 1.945263, "fair_value": 2.933897, "relative_strength": -18.901549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.301517, "energy": 28.271138, "activity_lines": [ 1.813892, 1.816546, 1.819963, 1.863427 ] }, { "date": "2025-11-07", "close": 1.800269, "volume": 158700, "typical_volume": 1017235.0, "trend": 1.92872, "fair_value": 2.929622, "relative_strength": -18.867342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.595505, "energy": 27.526381, "activity_lines": [ 1.809351, 1.813362, 1.816765, 1.854073 ] }, { "date": "2025-11-14", "close": 1.790538, "volume": 24800, "typical_volume": 955890.0, "trend": 1.915746, "fair_value": 2.923749, "relative_strength": -16.825043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.731419, "energy": 27.550814, "activity_lines": [ 1.802864, 1.808408, 1.813522, 1.845158 ] }, { "date": "2025-11-21", "close": 1.790538, "volume": 113700, "typical_volume": 935375.0, "trend": 1.901473, "fair_value": 2.916107, "relative_strength": -15.536545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.285727, "energy": 26.930983, "activity_lines": [ 1.798323, 1.804338, 1.810927, 1.83708 ] }, { "date": "2025-11-28", "close": 1.790538, "volume": 38200, "typical_volume": 884335.0, "trend": 1.885903, "fair_value": 2.903625, "relative_strength": -15.348309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.751601, "energy": 26.108343, "activity_lines": [ 1.793782, 1.8008, 1.808517, 1.829923 ] }, { "date": "2025-12-05", "close": 1.790538, "volume": 505700, "typical_volume": 793310.0, "trend": 1.873577, "fair_value": 2.889137, "relative_strength": -16.178268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.412878, "energy": 24.430804, "activity_lines": [ 1.791187, 1.797969, 1.806386, 1.82377 ] }, { "date": "2025-12-12", "close": 1.800269, "volume": 217000, "typical_volume": 773600.0, "trend": 1.862224, "fair_value": 2.874711, "relative_strength": -14.09228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.047772, "energy": 22.077843, "activity_lines": [ 1.793782, 1.797438, 1.805366, 1.819041 ] }, { "date": "2025-12-19", "close": 1.800269, "volume": 381000, "typical_volume": 787010.0, "trend": 1.852169, "fair_value": 2.860757, "relative_strength": -13.648939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.604473, "energy": 19.596875, "activity_lines": [ 1.796377, 1.797261, 1.804393, 1.815044 ] }, { "date": "2025-12-26", "close": 1.800269, "volume": 42100, "typical_volume": 755400.0, "trend": 1.840167, "fair_value": 2.849046, "relative_strength": -13.751046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.255327, "energy": 14.222948, "activity_lines": [ 1.798323, 1.797438, 1.803513, 1.811695 ] }, { "date": "2026-01-02", "close": 1.800269, "volume": 63600, "typical_volume": 412855.0, "trend": 1.830111, "fair_value": 2.838161, "relative_strength": -13.426405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.074224, "energy": 12.364041, "activity_lines": [ 1.79962, 1.797438, 1.802771, 1.809121 ] }, { "date": "2026-01-09", "close": 1.790538, "volume": 100300, "typical_volume": 338515.0, "trend": 1.821029, "fair_value": 2.825325, "relative_strength": -13.187156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.364084, "energy": 13.067184, "activity_lines": [ 1.797025, 1.796023, 1.801103, 1.806568 ] }, { "date": "2026-01-16", "close": 1.790538, "volume": 35100, "typical_volume": 294725.0, "trend": 1.814541, "fair_value": 2.811545, "relative_strength": -14.269917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.157337, "energy": 16.387446, "activity_lines": [ 1.79443, 1.795138, 1.799574, 1.804601 ] }, { "date": "2026-01-23", "close": 1.790538, "volume": 152700, "typical_volume": 221190.0, "trend": 1.81, "fair_value": 2.798709, "relative_strength": -16.33525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.136035, "energy": 16.94642, "activity_lines": [ 1.792484, 1.79443, 1.798091, 1.803052 ] }, { "date": "2026-01-30", "close": 1.780807, "volume": 243200, "typical_volume": 203440.0, "trend": 1.808378, "fair_value": 2.78581, "relative_strength": -17.056425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.889869, "energy": 19.017956, "activity_lines": [ 1.787943, 1.791953, 1.795913, 1.801169 ] }, { "date": "2026-02-06", "close": 1.790538, "volume": 28300, "typical_volume": 178815.0, "trend": 1.806432, "fair_value": 2.774037, "relative_strength": -17.922085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.341246, "energy": 18.362617, "activity_lines": [ 1.787943, 1.791423, 1.794847, 1.800018 ] }, { "date": "2026-02-13", "close": 1.780807, "volume": 107600, "typical_volume": 173180.0, "trend": 1.80481, "fair_value": 2.763027, "relative_strength": -22.179281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.706371, "energy": 19.71607, "activity_lines": [ 1.785348, 1.789123, 1.79304, 1.798365 ] }, { "date": "2026-02-20", "close": 1.790538, "volume": 285400, "typical_volume": 174055.0, "trend": 1.804161, "fair_value": 2.751253, "relative_strength": -23.724662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.212702, "energy": 17.844727, "activity_lines": [ 1.786646, 1.788769, 1.792345, 1.797444 ] }, { "date": "2026-02-27", "close": 1.780807, "volume": 263500, "typical_volume": 180205.0, "trend": 1.802864, "fair_value": 2.740362, "relative_strength": -25.894827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.901007, "energy": 17.421548, "activity_lines": [ 1.784699, 1.786823, 1.790862, 1.795937 ] }, { "date": "2026-03-06", "close": 1.790538, "volume": 268100, "typical_volume": 183885.0, "trend": 1.801566, "fair_value": 2.728824, "relative_strength": -18.477345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.566858, "energy": 16.360574, "activity_lines": [ 1.786646, 1.786999, 1.790492, 1.795142 ] }, { "date": "2026-03-13", "close": 1.84, "volume": 510300, "typical_volume": 187125.0, "trend": 1.802891, "fair_value": 2.718076, "relative_strength": -15.39797, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.440276, "energy": 5.758804, "activity_lines": [ 1.80443, 1.796346, 1.794832, 1.797622 ] }, { "date": "2026-03-20", "close": 1.84, "volume": 8100, "typical_volume": 177370.0, "trend": 1.803566, "fair_value": 2.706619, "relative_strength": -16.112722, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.009744, "energy": 13.055356, "activity_lines": [ 1.818918, 1.804971, 1.799075, 1.800016 ] }, { "date": "2026-03-27", "close": 1.85, "volume": 123400, "typical_volume": 175605.0, "trend": 1.805224, "fair_value": 2.694282, "relative_strength": -15.814599, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.040981, "energy": 24.244517, "activity_lines": [ 1.832792, 1.814514, 1.804174, 1.803011 ] }, { "date": "2026-04-03", "close": 1.85, "volume": 32200, "typical_volume": 175975.0, "trend": 1.805584, "fair_value": 2.683008, "relative_strength": -15.430877, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.48998, "energy": 40.8395, "activity_lines": [ 1.842703, 1.822977, 1.809037, 1.8059 ] }, { "date": "2026-04-10", "close": 1.84, "volume": 94100, "typical_volume": 174995.0, "trend": 1.80626, "fair_value": 2.671787, "relative_strength": -17.984551, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.786743, "energy": 39.553905, "activity_lines": [ 1.844667, 1.82854, 1.812664, 1.80812 ] }, { "date": "2026-04-17", "close": 1.83, "volume": 5500, "typical_volume": 173360.0, "trend": 1.806278, "fair_value": 2.660975, "relative_strength": -16.375966, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.55853, "energy": 31.562293, "activity_lines": [ 1.84, 1.831208, 1.815103, 1.809652 ] }, { "date": "2026-04-24", "close": 1.84, "volume": 53100, "typical_volume": 150730.0, "trend": 1.806954, "fair_value": 2.649636, "relative_strength": -13.665624, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.004606, "energy": 25.485408, "activity_lines": [ 1.839333, 1.834978, 1.818306, 1.811828 ] }, { "date": "2026-05-01", "close": 1.84, "volume": 653900, "typical_volume": 172575.0, "trend": 1.807629, "fair_value": 2.639242, "relative_strength": -15.112101, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.898357, "energy": 22.663784, "activity_lines": [ 1.838667, 1.837671, 1.821274, 1.81396 ] }, { "date": "2026-05-08", "close": 1.84, "volume": 78900, "typical_volume": 157470.0, "trend": 1.808305, "fair_value": 2.62814, "relative_strength": -14.860315, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.997158, "energy": 18.38578, "activity_lines": [ 1.838667, 1.839464, 1.824053, 1.816048 ] }, { "date": "2026-05-15", "close": 1.83, "volume": 71600, "typical_volume": 158945.0, "trend": 1.80962, "fair_value": 2.617209, "relative_strength": -15.64568, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.665769, "energy": 17.055165, "activity_lines": [ 1.836, 1.838364, 1.82569, 1.817448 ] }, { "date": "2026-05-22", "close": 1.82, "volume": 88900, "typical_volume": 160210.0, "trend": 1.809629, "fair_value": 2.605388, "relative_strength": -16.558232, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.731343, "energy": 14.259269, "activity_lines": [ 1.830667, 1.834727, 1.826234, 1.818118 ] }, { "date": "2026-05-29", "close": 1.82, "volume": 57400, "typical_volume": 158065.0, "trend": 1.809638, "fair_value": 2.592977, "relative_strength": -17.33151, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.186174, "energy": 14.011031, "activity_lines": [ 1.826, 1.831455, 1.826683, 1.818787 ] }, { "date": "2026-06-05", "close": 1.82, "volume": 15200, "typical_volume": 157070.0, "trend": 1.810296, "fair_value": 2.579386, "relative_strength": -17.282038, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.111532, "energy": 14.346727, "activity_lines": [ 1.822667, 1.828545, 1.826992, 1.819455 ] }, { "date": "2026-06-12", "close": 1.82, "volume": 1300, "typical_volume": 149500.0, "trend": 1.811278, "fair_value": 2.564142, "relative_strength": -16.99408, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 16.19731, "energy": 10.44302, "activity_lines": [ 1.820667, 1.826182, 1.827161, 1.820081 ] }, { "date": "2026-06-19", "close": 1.83, "volume": 1500, "typical_volume": 137415.0, "trend": 1.812593, "fair_value": 2.551087, "relative_strength": -14.652023, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 18.145175, "energy": 9.47336, "activity_lines": [ 1.823333, 1.826182, 1.828141, 1.821289 ] }, { "date": "2026-06-26", "close": 1.83, "volume": 22600, "typical_volume": 137130.0, "trend": 1.813909, "fair_value": 2.53579, "relative_strength": -12.24848, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 20.430128, "energy": 8.901456, "activity_lines": [ 1.826, 1.826364, 1.828888, 1.822412 ] }, { "date": "2026-07-03", "close": 2.04, "volume": 1481400, "typical_volume": 205820.0, "trend": 1.822224, "fair_value": 2.521957, "relative_strength": -5.87207, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.059165, "energy": 72.747057, "activity_lines": [ 1.898, 1.864727, 1.849447, 1.836999 ] }, { "date": "2026-07-10", "close": 1.84, "volume": 2115200, "typical_volume": 297310.0, "trend": 1.823549, "fair_value": 2.508494, "relative_strength": -15.012909, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.556628, "energy": 52.386896, "activity_lines": [ 1.888667, 1.863091, 1.849723, 1.838145 ] }, { "date": "2026-07-17", "close": 1.82, "volume": 394400, "typical_volume": 303855.0, "trend": 1.824206, "fair_value": 2.493132, "relative_strength": -16.344719, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.547805, "energy": 38.287122, "activity_lines": [ 1.871333, 1.857818, 1.84786, 1.837916 ] }, { "date": "2026-07-24", "close": 1.81, "volume": 99400, "typical_volume": 295420.0, "trend": 1.824531, "fair_value": 2.476998, "relative_strength": -16.573788, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.214409, "energy": 17.643059, "activity_lines": [ 1.850667, 1.851091, 1.844857, 1.837 ] }, { "date": "2026-07-31", "close": 1.82, "volume": 102200, "typical_volume": 275015.0, "trend": 1.825188, "fair_value": 2.461754, "relative_strength": -14.701168, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.164155, "energy": 15.080306, "activity_lines": [ 1.834667, 1.846545, 1.842714, 1.836708 ] }, { "date": "2026-08-07", "close": 1.75, "volume": 261100, "typical_volume": 287665.0, "trend": 1.823837, "fair_value": 2.444528, "relative_strength": -16.977775, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.846282, "energy": 18.357016, "activity_lines": [ 1.796, 1.829273, 1.834, 1.831857 ] } ], "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." } } }