{ "ticker": { "uuid": "7342f901-5a1e-4d5f-8c4e-4c8f416aaab9", "symbol": "VPLAY-A", "name": "Viaplay Group AB (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 54.987, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "up", "architecture_direction": 27.129, "architecture_energy": 13.905, "architecture_maturity": 23.124, "architecture_confidence": 87.454, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 53.24, "rotation_up": 31.12, "upward_expansion": 53.83, "deceleration": 87.55, "rotation_down": 26.25, "downward_expansion": 24.5 }, "activity_lines": [ 2.602667, 2.569091, 2.668571, 2.627978 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 2.74, "trend_reference": 2.533, "distance_from_trend": 0.081721, "trend_direction": "Improving", "fair_value": 7.157756, "distance_from_fair_value": -0.617198, "fair_value_direction": "Improving", "relative_strength": 1.275385, "relative_strength_direction": "Weakening", "price_momentum": 0.268519, "excess_performance": 0.207024, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.081721, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.117171, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.617198, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.199918, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.012754, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.311663, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.268519, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.748568, "read": "Demand-led" } ], "volume": { "latest": 175, "relative_activity": 0.524974, "balance": 1.748568, "dry_up": 0.572221, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.079169, "annualized_volatility": 0.758158, "from_high_reference": -0.184524, "from_low_reference": 1.264463 }, "levels": { "trend_reference": 2.533, "fair_value_reference": 7.157756, "structural_low": 1.9, "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": 6, "median_return": -0.093996, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.123413, "regime_survival": 0.333333, "best_return": 0.313333, "worst_return": -0.611364, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.102405, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.085383, "regime_survival": 0.0, "best_return": 0.329412, "worst_return": -0.665909, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.230328, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.142109, "regime_survival": 0.0, "best_return": 0.882353, "worst_return": -0.87, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.503417, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.390737, "regime_survival": 0.333333, "best_return": 0.213235, "worst_return": -0.992045, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": -0.038168, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.080882, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-06-20", "tenure": "Established", "return": 0.059322, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": 0.044444, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": 0.069444, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-10-17", "tenure": "Developing", "return": 0.287129, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2026-01-09", "tenure": "Developing", "return": 0.064706, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": 0.218274, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": 0.111111, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.327434, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-06-26", "tenure": "Developing", "return": -0.155556, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.01626, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.087302, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 74.0, "volume": 284, "typical_volume": 2311.8, "trend": 188.266667, "fair_value": 332.480769, "relative_strength": -64.0214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.090513, "energy": 65.910081, "activity_lines": [ 71.966667, 73.972727, 111.211905, 146.317204 ] }, { "date": "2023-08-25", "close": 74.0, "volume": 331, "typical_volume": 2325.2, "trend": 181.633333, "fair_value": 330.641026, "relative_strength": -63.332823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.165332, "energy": 64.023803, "activity_lines": [ 73.3, 73.309091, 103.764286, 138.945161 ] }, { "date": "2023-09-01", "close": 73.5, "volume": 692, "typical_volume": 2327.05, "trend": 175.216667, "fair_value": 328.900641, "relative_strength": -63.43433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.200195, "energy": 58.909795, "activity_lines": [ 73.766667, 73.0, 97.107143, 131.968817 ] }, { "date": "2023-09-08", "close": 69.0, "volume": 113, "typical_volume": 2296.05, "trend": 168.85, "fair_value": 327.054487, "relative_strength": -64.748507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.552109, "energy": 87.334252, "activity_lines": [ 72.3, 72.036364, 90.9, 125.116129 ] }, { "date": "2023-09-15", "close": 61.0, "volume": 106, "typical_volume": 2180.25, "trend": 162.383333, "fair_value": 325.086538, "relative_strength": -68.407892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.479877, "energy": 94.727183, "activity_lines": [ 68.233333, 69.918182, 84.830952, 118.158065 ] }, { "date": "2023-09-22", "close": 51.0, "volume": 958, "typical_volume": 2199.1, "trend": 155.283333, "fair_value": 323.144231, "relative_strength": -72.586585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.034213, "energy": 97.529734, "activity_lines": [ 61.8, 66.345455, 78.77619, 110.972043 ] }, { "date": "2023-09-29", "close": 47.0, "volume": 185, "typical_volume": 2186.0, "trend": 148.283333, "fair_value": 321.125, "relative_strength": -74.07428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.673828, "energy": 97.068808, "activity_lines": [ 55.566667, 62.554545, 73.154762, 103.986022 ] }, { "date": "2023-10-06", "close": 38.0, "volume": 634, "typical_volume": 2201.6, "trend": 141.216667, "fair_value": 319.035256, "relative_strength": -78.480788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.423906, "energy": 78.03929, "activity_lines": [ 48.133333, 57.427273, 67.595238, 96.870968 ] }, { "date": "2023-10-13", "close": 48.0, "volume": 488, "typical_volume": 2213.75, "trend": 134.483333, "fair_value": 316.951923, "relative_strength": -72.59508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.654076, "energy": 69.00474, "activity_lines": [ 46.4, 54.645455, 63.930952, 90.856989 ] }, { "date": "2023-10-20", "close": 40.0, "volume": 240, "typical_volume": 2203.85, "trend": 127.016667, "fair_value": 314.926282, "relative_strength": -75.245928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.458346, "energy": 73.491907, "activity_lines": [ 43.4, 50.809091, 60.352381, 84.76129 ] }, { "date": "2023-10-27", "close": 31.0, "volume": 295, "typical_volume": 1094.1, "trend": 119.216667, "fair_value": 313.086538, "relative_strength": -80.132566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.226111, "energy": 76.886844, "activity_lines": [ 38.8, 45.981818, 56.77381, 78.566667 ] }, { "date": "2023-11-03", "close": 31.200001, "volume": 898, "typical_volume": 920.6, "trend": 111.923333, "fair_value": 310.914744, "relative_strength": -80.329985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.19909, "energy": 74.392643, "activity_lines": [ 35.6, 41.972727, 53.511905, 72.888172 ] }, { "date": "2023-11-10", "close": 30.0, "volume": 280, "typical_volume": 727.05, "trend": 104.323333, "fair_value": 308.857051, "relative_strength": -80.578447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.299305, "energy": 73.041615, "activity_lines": [ 33.053334, 38.523637, 50.456191, 67.602796 ] }, { "date": "2023-11-17", "close": 30.0, "volume": 528, "typical_volume": 618.95, "trend": 96.723333, "fair_value": 306.382692, "relative_strength": -80.945255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.603265, "energy": 70.286654, "activity_lines": [ 31.04, 35.865455, 47.650476, 62.807742 ] }, { "date": "2023-11-24", "close": 35.0, "volume": 1442, "typical_volume": 656.9, "trend": 89.09, "fair_value": 303.876282, "relative_strength": -77.591301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.329082, "energy": 68.260272, "activity_lines": [ 31.893333, 34.825455, 45.585238, 58.825591 ] }, { "date": "2023-12-01", "close": 28.6, "volume": 1349, "typical_volume": 692.8, "trend": 82.643333, "fair_value": 301.098077, "relative_strength": -81.417907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.467393, "energy": 69.897419, "activity_lines": [ 30.946667, 33.094546, 43.129524, 54.923011 ] }, { "date": "2023-12-08", "close": 16.4, "volume": 1903, "typical_volume": 688.9, "trend": 75.19, "fair_value": 298.190385, "relative_strength": -89.356725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.061882, "energy": 73.942904, "activity_lines": [ 26.093333, 29.552727, 39.751905, 50.649247 ] }, { "date": "2023-12-15", "close": 11.7, "volume": 2567, "typical_volume": 791.0, "trend": 67.713333, "fair_value": 295.367949, "relative_strength": -92.418074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.876365, "energy": 74.651963, "activity_lines": [ 20.66, 25.712727, 36.150952, 46.553118 ] }, { "date": "2023-12-22", "close": 10.8, "volume": 1825, "typical_volume": 841.1, "trend": 60.54, "fair_value": 292.507692, "relative_strength": -92.777461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.435854, "energy": 73.62205, "activity_lines": [ 16.146667, 22.187273, 32.727619, 42.88129 ] }, { "date": "2023-12-29", "close": 9.85, "volume": 1122, "typical_volume": 812.0, "trend": 53.535, "fair_value": 289.577244, "relative_strength": -93.285858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.172811, "energy": 84.796985, "activity_lines": [ 12.596667, 19.165455, 29.495714, 39.610968 ] }, { "date": "2024-01-05", "close": 9.95, "volume": 17, "typical_volume": 798.65, "trend": 50.75, "fair_value": 286.647436, "relative_strength": -92.827639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.693372, "energy": 89.587565, "activity_lines": [ 10.756667, 16.71, 26.585952, 36.799032 ] }, { "date": "2024-01-12", "close": 7.6, "volume": 649, "typical_volume": 814.55, "trend": 47.72, "fair_value": 283.612821, "relative_strength": -94.389986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.804417, "energy": 90.91346, "activity_lines": [ 9.376667, 14.21, 23.757381, 34.015161 ] }, { "date": "2024-01-19", "close": 6.5, "volume": 2858, "typical_volume": 922.85, "trend": 45.186667, "fair_value": 280.577564, "relative_strength": -94.902593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.790387, "energy": 88.478981, "activity_lines": [ 8.216667, 11.939091, 21.140238, 31.355806 ] }, { "date": "2024-01-26", "close": 4.02, "volume": 1011, "typical_volume": 967.75, "trend": 42.470667, "fair_value": 277.545641, "relative_strength": -96.807899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.814098, "energy": 89.110088, "activity_lines": [ 6.576667, 9.644545, 18.605952, 28.699893 ] }, { "date": "2024-02-02", "close": 4.6, "volume": 2239, "typical_volume": 1074.4, "trend": 39.924, "fair_value": 274.575128, "relative_strength": -96.186588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.080715, "energy": 74.25327, "activity_lines": [ 5.582, 7.927818, 16.436333, 26.256624 ] }, { "date": "2024-02-09", "close": 4.7, "volume": 153, "typical_volume": 1034.15, "trend": 37.447333, "fair_value": 271.861667, "relative_strength": -95.89821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.747908, "energy": 68.639325, "activity_lines": [ 4.970667, 6.782, 14.54481, 23.984108 ] }, { "date": "2024-02-16", "close": 2.12, "volume": 550, "typical_volume": 1052.4, "trend": 35.401333, "fair_value": 269.195769, "relative_strength": -98.109258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.544614, "energy": 71.494268, "activity_lines": [ 3.849333, 5.601636, 12.628048, 21.704925 ] }, { "date": "2024-02-23", "close": 1.8, "volume": 1290, "typical_volume": 1085.2, "trend": 33.228, "fair_value": 266.77141, "relative_strength": -98.3301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.777137, "energy": 73.745206, "activity_lines": [ 2.986667, 4.622727, 10.894524, 19.537097 ] }, { "date": "2024-03-01", "close": 2.02, "volume": 146, "typical_volume": 1068.1, "trend": 30.962, "fair_value": 264.239487, "relative_strength": -98.049854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.033969, "energy": 84.091084, "activity_lines": [ 2.510667, 3.863818, 9.354333, 17.523677 ] }, { "date": "2024-03-08", "close": 11.1, "volume": 7962, "typical_volume": 1454.2, "trend": 28.815333, "fair_value": 261.650385, "relative_strength": -88.837749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.071756, "energy": 83.114006, "activity_lines": [ 5.194667, 4.915455, 8.897857, 16.242258 ] }, { "date": "2024-03-15", "close": 10.0, "volume": 3863, "typical_volume": 1632.6, "trend": 26.682, "fair_value": 259.073462, "relative_strength": -89.543743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.618277, "energy": 70.166458, "activity_lines": [ 7.078667, 5.744364, 8.474238, 15.028366 ] }, { "date": "2024-03-22", "close": 1.85, "volume": 7991, "typical_volume": 1987.25, "trend": 24.277, "fair_value": 256.450705, "relative_strength": -97.933804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.605663, "energy": 62.421064, "activity_lines": [ 5.892667, 5.090545, 7.374429, 13.426301 ] }, { "date": "2024-03-29", "close": 1.84, "volume": 473, "typical_volume": 1996.9, "trend": 21.888333, "fair_value": 253.866346, "relative_strength": -97.78934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.082288, "energy": 60.599612, "activity_lines": [ 4.721333, 4.539455, 6.413429, 11.978753 ] }, { "date": "2024-04-05", "close": 1.9, "volume": 1729, "typical_volume": 2056.95, "trend": 19.651667, "fair_value": 251.295192, "relative_strength": -97.542437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.737453, "energy": 69.615677, "activity_lines": [ 3.567333, 4.084, 5.592238, 10.689183 ] }, { "date": "2024-04-12", "close": 2.5, "volume": 3190, "typical_volume": 2144.35, "trend": 17.701667, "fair_value": 248.644551, "relative_strength": -96.522876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.681117, "energy": 67.638718, "activity_lines": [ 2.621333, 3.776182, 4.962, 9.582624 ] }, { "date": "2024-04-19", "close": 2.5, "volume": 0, "typical_volume": 2076.9, "trend": 16.085, "fair_value": 246.038782, "relative_strength": -96.228081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.448914, "energy": 67.063963, "activity_lines": [ 2.248667, 3.506545, 4.486524, 8.601871 ] }, { "date": "2024-04-26", "close": 1.5, "volume": 1184, "typical_volume": 2040.95, "trend": 14.568333, "fair_value": 243.426603, "relative_strength": -97.583094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.048793, "energy": 69.19264, "activity_lines": [ 2.042667, 3.095091, 4.040095, 7.660903 ] }, { "date": "2024-05-03", "close": 1.6, "volume": 1140, "typical_volume": 1969.6, "trend": 13.355, "fair_value": 241.052244, "relative_strength": -97.184384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.35525, "energy": 66.653493, "activity_lines": [ 1.893333, 2.713091, 3.674143, 6.824237 ] }, { "date": "2024-05-10", "close": 1.63, "volume": 708, "typical_volume": 1913.75, "trend": 11.809333, "fair_value": 238.844744, "relative_strength": -96.9474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.504131, "energy": 63.775487, "activity_lines": [ 1.77, 2.340182, 3.359143, 6.067785 ] }, { "date": "2024-05-17", "close": 1.7, "volume": 748, "typical_volume": 1895.05, "trend": 10.532667, "fair_value": 236.33641, "relative_strength": -96.439591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.442482, "energy": 61.995474, "activity_lines": [ 1.688, 1.987091, 3.094476, 5.41557 ] }, { "date": "2024-05-24", "close": 1.52, "volume": 1101, "typical_volume": 1949.25, "trend": 9.55, "fair_value": 233.74359, "relative_strength": -96.478687, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.707174, "energy": 58.681136, "activity_lines": [ 1.599333, 1.772182, 2.851476, 4.834108 ] }, { "date": "2024-05-31", "close": 1.75, "volume": 1501, "typical_volume": 1991.85, "trend": 8.568333, "fair_value": 231.158654, "relative_strength": -95.401758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.847812, "energy": 52.667289, "activity_lines": [ 1.652667, 1.753273, 2.670524, 4.330882 ] }, { "date": "2024-06-07", "close": 1.76, "volume": 145, "typical_volume": 1856.2, "trend": 7.627, "fair_value": 228.554551, "relative_strength": -95.155175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.117467, "energy": 61.701633, "activity_lines": [ 1.692667, 1.738, 2.518381, 3.891634 ] }, { "date": "2024-06-14", "close": 1.34, "volume": 170, "typical_volume": 1814.15, "trend": 6.671667, "fair_value": 226.075962, "relative_strength": -95.988713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.696987, "energy": 61.278044, "activity_lines": [ 1.582, 1.647818, 2.34881, 3.486022 ] }, { "date": "2024-06-21", "close": 1.5, "volume": 277, "typical_volume": 1716.05, "trend": 5.555, "fair_value": 223.636859, "relative_strength": -95.27806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.059712, "energy": 88.747976, "activity_lines": [ 1.544, 1.596909, 2.207238, 3.152366 ] }, { "date": "2024-06-28", "close": 1.45, "volume": 155, "typical_volume": 1716.15, "trend": 4.65, "fair_value": 221.107692, "relative_strength": -95.152478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.992505, "energy": 89.291312, "activity_lines": [ 1.502667, 1.555091, 2.075667, 2.887527 ] }, { "date": "2024-07-05", "close": 1.56, "volume": 1216, "typical_volume": 1749.45, "trend": 4.155333, "fair_value": 218.457436, "relative_strength": -94.432324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.82706, "energy": 87.697169, "activity_lines": [ 1.502667, 1.552364, 1.970048, 2.688172 ] }, { "date": "2024-07-12", "close": 1.71, "volume": 336, "typical_volume": 1701.75, "trend": 3.822333, "fair_value": 215.731218, "relative_strength": -93.686756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.664343, "energy": 87.308697, "activity_lines": [ 1.565333, 1.575818, 1.881381, 2.530409 ] }, { "date": "2024-07-19", "close": 3.0, "volume": 250, "typical_volume": 1706.95, "trend": 3.562333, "fair_value": 212.724808, "relative_strength": -88.05577, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -16.738396, "energy": 29.403798, "activity_lines": [ 2.061333, 1.831818, 1.916, 2.477355 ] }, { "date": "2024-07-26", "close": 2.0, "volume": 25, "typical_volume": 1310.1, "trend": 3.300667, "fair_value": 209.737628, "relative_strength": -91.582609, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -23.322589, "energy": 27.988247, "activity_lines": [ 2.113333, 1.881091, 1.850714, 2.376559 ] }, { "date": "2024-08-02", "close": 1.7, "volume": 411, "typical_volume": 1137.5, "trend": 3.025667, "fair_value": 206.722885, "relative_strength": -92.003924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.660844, "energy": 29.514675, "activity_lines": [ 2.032, 1.870364, 1.80019, 2.27329 ] }, { "date": "2024-08-09", "close": 1.88, "volume": 969, "typical_volume": 786.4, "trend": 2.835, "fair_value": 203.516987, "relative_strength": -90.410134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.708982, "energy": 24.429727, "activity_lines": [ 1.994, 1.889091, 1.806333, 2.199376 ] }, { "date": "2024-08-16", "close": 1.57, "volume": 81, "typical_volume": 766.8, "trend": 2.670667, "fair_value": 200.321923, "relative_strength": -91.535578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.454709, "energy": 41.580973, "activity_lines": [ 1.831333, 1.849091, 1.78281, 2.117763 ] }, { "date": "2024-08-23", "close": 1.61, "volume": 1344, "typical_volume": 747.55, "trend": 2.590333, "fair_value": 197.037372, "relative_strength": -90.571401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.919872, "energy": 44.050489, "activity_lines": [ 1.691333, 1.819818, 1.764381, 2.049333 ] }, { "date": "2024-08-30", "close": 1.64, "volume": 62, "typical_volume": 591.15, "trend": 2.491667, "fair_value": 193.829936, "relative_strength": -89.53659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.430447, "energy": 41.991278, "activity_lines": [ 1.654, 1.791091, 1.75019, 1.988022 ] }, { "date": "2024-09-06", "close": 1.56, "volume": 14, "typical_volume": 591.85, "trend": 2.387, "fair_value": 190.621987, "relative_strength": -88.44174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.41851, "energy": 44.216287, "activity_lines": [ 1.614, 1.745273, 1.732476, 1.927914 ] }, { "date": "2024-09-13", "close": 1.53, "volume": 734, "typical_volume": 569.35, "trend": 2.367333, "fair_value": 187.51, "relative_strength": -87.678431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.484502, "energy": 48.669737, "activity_lines": [ 1.573333, 1.692, 1.716381, 1.872624 ] }, { "date": "2024-09-20", "close": 1.52, "volume": 205, "typical_volume": 522.6, "trend": 2.358, "fair_value": 184.340256, "relative_strength": -86.83298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.547999, "energy": 44.55536, "activity_lines": [ 1.552667, 1.637455, 1.69919, 1.817957 ] }, { "date": "2024-09-27", "close": 1.49, "volume": 3398, "typical_volume": 657.1, "trend": 2.340333, "fair_value": 181.304936, "relative_strength": -86.121153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.816176, "energy": 43.74292, "activity_lines": [ 1.525333, 1.580909, 1.679524, 1.761957 ] }, { "date": "2024-10-04", "close": 1.41, "volume": 732, "typical_volume": 656.3, "trend": 2.017333, "fair_value": 178.166538, "relative_strength": -85.515455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.762127, "energy": 44.563975, "activity_lines": [ 1.479333, 1.537273, 1.652905, 1.701935 ] }, { "date": "2024-10-11", "close": 1.45, "volume": 4245, "typical_volume": 813.5, "trend": 1.732333, "fair_value": 174.970705, "relative_strength": -83.16851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.55678, "energy": 41.506383, "activity_lines": [ 1.462, 1.511636, 1.631476, 1.665333 ] }, { "date": "2024-10-18", "close": 1.38, "volume": 2780, "typical_volume": 877.45, "trend": 1.716667, "fair_value": 171.582115, "relative_strength": -82.076529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.573126, "energy": 57.8461, "activity_lines": [ 1.428667, 1.477818, 1.603714, 1.642602 ] }, { "date": "2024-10-25", "close": 1.74, "volume": 2172, "typical_volume": 978.8, "trend": 1.713333, "fair_value": 168.407372, "relative_strength": -75.046203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.745719, "energy": 32.151634, "activity_lines": [ 1.525333, 1.518545, 1.612, 1.644108 ] }, { "date": "2024-11-01", "close": 4.68, "volume": 648, "typical_volume": 1002.7, "trend": 1.806, "fair_value": 165.180962, "relative_strength": -25.085705, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.94711, "energy": 93.852384, "activity_lines": [ 2.587333, 2.090727, 1.900381, 1.835505 ] }, { "date": "2024-11-08", "close": 4.68, "volume": 0, "typical_volume": 988.85, "trend": 1.878667, "fair_value": 161.941731, "relative_strength": -17.065573, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.83617, "energy": 97.110295, "activity_lines": [ 3.436667, 2.607091, 2.172857, 2.020925 ] }, { "date": "2024-11-15", "close": 1.32, "volume": 684, "typical_volume": 1015.3, "trend": 1.839333, "fair_value": 158.834808, "relative_strength": -73.073973, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.2192, "energy": 66.950846, "activity_lines": [ 2.948, 2.457273, 2.11019, 1.984882 ] }, { "date": "2024-11-22", "close": 1.34, "volume": 913, "typical_volume": 1000.15, "trend": 1.834, "fair_value": 155.990833, "relative_strength": -67.920144, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.511102, "energy": 42.868784, "activity_lines": [ 2.474667, 2.315455, 2.050048, 1.952667 ] }, { "date": "2024-11-29", "close": 1.35, "volume": 1214, "typical_volume": 1044.05, "trend": 1.825667, "fair_value": 153.185385, "relative_strength": -62.3765, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 9.598023, "energy": 11.153951, "activity_lines": [ 2.007333, 2.178909, 1.991905, 1.921441 ] }, { "date": "2024-12-06", "close": 1.39, "volume": 1571, "typical_volume": 1110.1, "trend": 1.817667, "fair_value": 150.277628, "relative_strength": -59.139128, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -14.998035, "energy": 34.592687, "activity_lines": [ 1.579333, 2.052727, 1.939286, 1.893333 ] }, { "date": "2024-12-13", "close": 1.31, "volume": 503, "typical_volume": 1134.0, "trend": 1.804667, "fair_value": 147.471923, "relative_strength": -57.88566, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.726975, "energy": 34.865587, "activity_lines": [ 1.344, 1.913818, 1.886714, 1.860581 ] }, { "date": "2024-12-20", "close": 1.26, "volume": 638, "typical_volume": 1145.35, "trend": 1.796, "fair_value": 144.710769, "relative_strength": -55.306292, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.262368, "energy": 36.479238, "activity_lines": [ 1.316667, 1.767636, 1.832667, 1.825441 ] }, { "date": "2024-12-27", "close": 1.36, "volume": 610, "typical_volume": 1127.4, "trend": 1.783, "fair_value": 141.719487, "relative_strength": -48.994036, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.639393, "energy": 47.064993, "activity_lines": [ 1.326667, 1.643091, 1.790238, 1.797312 ] }, { "date": "2025-01-03", "close": 1.38, "volume": 888, "typical_volume": 1167.75, "trend": 1.770333, "fair_value": 138.875769, "relative_strength": -45.021536, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.956522, "energy": 29.022395, "activity_lines": [ 1.342, 1.522545, 1.75219, 1.771312 ] }, { "date": "2025-01-10", "close": 1.25, "volume": 619, "typical_volume": 1131.5, "trend": 1.767333, "fair_value": 136.249167, "relative_strength": -47.695551, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.065809, "energy": 36.862206, "activity_lines": [ 1.312, 1.384909, 1.702667, 1.737742 ] }, { "date": "2025-01-17", "close": 1.18, "volume": 2963, "typical_volume": 1276.55, "trend": 1.756667, "fair_value": 133.756731, "relative_strength": -49.976261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.234322, "energy": 36.956215, "activity_lines": [ 1.268, 1.296909, 1.64819, 1.699849 ] }, { "date": "2025-01-24", "close": 1.24, "volume": 665, "typical_volume": 1309.1, "trend": 1.749667, "fair_value": 131.514679, "relative_strength": -47.071848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.803054, "energy": 35.218515, "activity_lines": [ 1.252667, 1.283455, 1.601619, 1.666516 ] }, { "date": "2025-01-31", "close": 1.2, "volume": 211, "typical_volume": 1282.95, "trend": 1.737667, "fair_value": 129.189038, "relative_strength": -47.062372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.168671, "energy": 58.081931, "activity_lines": [ 1.225333, 1.264182, 1.552762, 1.631054 ] }, { "date": "2025-02-07", "close": 1.22, "volume": 341, "typical_volume": 1289.75, "trend": 1.721333, "fair_value": 126.825064, "relative_strength": -43.589776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.884607, "energy": 52.608285, "activity_lines": [ 1.215333, 1.251091, 1.507381, 1.597656 ] }, { "date": "2025-02-14", "close": 1.22, "volume": 133, "typical_volume": 1126.5, "trend": 1.662, "fair_value": 124.589295, "relative_strength": -44.633052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.729961, "energy": 87.10016, "activity_lines": [ 1.216, 1.240364, 1.463429, 1.565312 ] }, { "date": "2025-02-21", "close": 1.5, "volume": 385, "typical_volume": 1109.15, "trend": 1.645333, "fair_value": 122.59891, "relative_strength": -31.802762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.114497, "energy": 73.231554, "activity_lines": [ 1.312, 1.283636, 1.447429, 1.55486 ] }, { "date": "2025-02-28", "close": 1.59, "volume": 661, "typical_volume": 929.95, "trend": 1.641667, "fair_value": 120.602692, "relative_strength": -27.312115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.819783, "energy": 55.486869, "activity_lines": [ 1.416667, 1.339818, 1.439571, 1.55129 ] }, { "date": "2025-03-07", "close": 1.45, "volume": 381, "typical_volume": 810.0, "trend": 1.627333, "fair_value": 118.535064, "relative_strength": -26.943133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.406707, "energy": 51.63303, "activity_lines": [ 1.451333, 1.364545, 1.417714, 1.538925 ] }, { "date": "2025-03-14", "close": 1.42, "volume": 1518, "typical_volume": 777.3, "trend": 1.622333, "fair_value": 116.223654, "relative_strength": -19.973307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.938264, "energy": 34.034137, "activity_lines": [ 1.459333, 1.382182, 1.392667, 1.525548 ] }, { "date": "2025-03-21", "close": 1.57, "volume": 929, "typical_volume": 791.35, "trend": 1.621, "fair_value": 113.900385, "relative_strength": -9.385607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.925027, "energy": 23.78809, "activity_lines": [ 1.504, 1.426364, 1.383429, 1.522172 ] }, { "date": "2025-03-28", "close": 1.32, "volume": 454, "typical_volume": 814.05, "trend": 1.610333, "fair_value": 111.428077, "relative_strength": -20.727827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.83135, "energy": 17.877721, "activity_lines": [ 1.442, 1.419273, 1.36519, 1.502753 ] }, { "date": "2025-04-04", "close": 1.5, "volume": 750, "typical_volume": 817.35, "trend": 1.608333, "fair_value": 108.88, "relative_strength": 0.445034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.663384, "energy": 11.308414, "activity_lines": [ 1.452, 1.442364, 1.380095, 1.495634 ] }, { "date": "2025-04-11", "close": 1.37, "volume": 95, "typical_volume": 776.45, "trend": 1.603, "fair_value": 106.266987, "relative_strength": -6.785498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.616785, "energy": 17.508977, "activity_lines": [ 1.424667, 1.437091, 1.381762, 1.480258 ] }, { "date": "2025-04-18", "close": 1.41, "volume": 98, "typical_volume": 720.65, "trend": 1.599333, "fair_value": 103.865769, "relative_strength": -6.119033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.205704, "energy": 21.58806, "activity_lines": [ 1.416, 1.436, 1.387095, 1.467806 ] }, { "date": "2025-04-25", "close": 1.43, "volume": 100, "typical_volume": 647.1, "trend": 1.597333, "fair_value": 101.746731, "relative_strength": -7.595748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.769543, "energy": 14.905295, "activity_lines": [ 1.414667, 1.435091, 1.394048, 1.456882 ] }, { "date": "2025-05-02", "close": 1.08, "volume": 2205, "typical_volume": 732.2, "trend": 1.586333, "fair_value": 99.747244, "relative_strength": -30.821036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.973948, "energy": 44.205029, "activity_lines": [ 1.306, 1.366727, 1.367476, 1.423505 ] }, { "date": "2025-05-09", "close": 1.04, "volume": 32, "typical_volume": 701.9, "trend": 1.572667, "fair_value": 97.811603, "relative_strength": -32.614253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.043086, "energy": 67.576884, "activity_lines": [ 1.2, 1.298727, 1.33819, 1.388258 ] }, { "date": "2025-05-16", "close": 1.15, "volume": 563, "typical_volume": 699.55, "trend": 1.565, "fair_value": 95.818974, "relative_strength": -27.828215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.867262, "energy": 66.335797, "activity_lines": [ 1.161333, 1.260727, 1.320429, 1.360989 ] }, { "date": "2025-05-23", "close": 1.23, "volume": 46, "typical_volume": 657.45, "trend": 1.548, "fair_value": 93.8525, "relative_strength": -20.597612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.914901, "energy": 67.496244, "activity_lines": [ 1.164, 1.242727, 1.311286, 1.339376 ] }, { "date": "2025-05-30", "close": 1.18, "volume": 33, "typical_volume": 628.15, "trend": 1.431333, "fair_value": 91.936987, "relative_strength": -23.861261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.171284, "energy": 54.508157, "activity_lines": [ 1.162, 1.219091, 1.298095, 1.315634 ] }, { "date": "2025-06-06", "close": 1.21, "volume": 73, "typical_volume": 483.65, "trend": 1.315667, "fair_value": 90.188333, "relative_strength": -22.254332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.188153, "energy": 37.607775, "activity_lines": [ 1.186667, 1.208, 1.288095, 1.301355 ] }, { "date": "2025-06-13", "close": 1.32, "volume": 123, "typical_volume": 456.55, "trend": 1.315667, "fair_value": 88.658333, "relative_strength": -13.088799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.234832, "energy": 20.236584, "activity_lines": [ 1.239333, 1.218909, 1.288429, 1.301634 ] }, { "date": "2025-06-20", "close": 1.25, "volume": 677, "typical_volume": 479.85, "trend": 1.312667, "fair_value": 87.288141, "relative_strength": -17.092417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.599254, "energy": 16.94701, "activity_lines": [ 1.25, 1.220364, 1.281714, 1.297398 ] }, { "date": "2025-06-27", "close": 1.35, "volume": 182, "typical_volume": 471.9, "trend": 1.312667, "fair_value": 85.91859, "relative_strength": -12.498767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.967697, "energy": 16.884726, "activity_lines": [ 1.287333, 1.242182, 1.284286, 1.299806 ] }, { "date": "2025-07-04", "close": 1.47, "volume": 197, "typical_volume": 475.1, "trend": 1.315333, "fair_value": 84.36391, "relative_strength": -4.887387, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.096618, "energy": 29.425935, "activity_lines": [ 1.356667, 1.286909, 1.297667, 1.309957 ] }, { "date": "2025-07-11", "close": 1.35, "volume": 973, "typical_volume": 504.5, "trend": 1.316667, "fair_value": 82.885385, "relative_strength": -13.444167, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.109275, "energy": 23.639524, "activity_lines": [ 1.366667, 1.309091, 1.298429, 1.312194 ] }, { "date": "2025-07-18", "close": 1.41, "volume": 239, "typical_volume": 483.4, "trend": 1.321667, "fair_value": 80.971346, "relative_strength": -7.882763, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.168271, "energy": 35.436456, "activity_lines": [ 1.387333, 1.337273, 1.305619, 1.318215 ] }, { "date": "2025-07-25", "close": 1.44, "volume": 78, "typical_volume": 468.25, "trend": 1.324333, "fair_value": 79.115192, "relative_strength": -7.414049, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.901104, "energy": 46.381951, "activity_lines": [ 1.412, 1.364182, 1.316524, 1.325849 ] }, { "date": "2025-08-01", "close": 1.54, "volume": 17, "typical_volume": 393.2, "trend": 1.329667, "fair_value": 77.176346, "relative_strength": 2.125344, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.242469, "energy": 70.193697, "activity_lines": [ 1.457333, 1.404, 1.337, 1.339763 ] }, { "date": "2025-08-08", "close": 2.02, "volume": 191, "typical_volume": 356.3, "trend": 1.355333, "fair_value": 75.182885, "relative_strength": 30.33775, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.611253, "energy": 95.038701, "activity_lines": [ 1.65, 1.525455, 1.402619, 1.384301 ] }, { "date": "2025-08-15", "close": 1.96, "volume": 37, "typical_volume": 335.45, "trend": 1.381333, "fair_value": 73.400577, "relative_strength": 24.168865, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.297886, "energy": 96.738208, "activity_lines": [ 1.786, 1.620727, 1.460381, 1.423312 ] }, { "date": "2025-08-22", "close": 2.3, "volume": 191, "typical_volume": 307.5, "trend": 1.416667, "fair_value": 71.729423, "relative_strength": 42.039136, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.852395, "energy": 99.073057, "activity_lines": [ 1.994667, 1.764182, 1.547476, 1.482581 ] }, { "date": "2025-08-29", "close": 2.42, "volume": 251, "typical_volume": 315.3, "trend": 1.457333, "fair_value": 70.052628, "relative_strength": 51.668356, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.538611, "energy": 98.007029, "activity_lines": [ 2.184, 1.911636, 1.64219, 1.547312 ] }, { "date": "2025-09-05", "close": 2.66, "volume": 1029, "typical_volume": 361.85, "trend": 1.505333, "fair_value": 68.383782, "relative_strength": 64.649155, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.114719, "energy": 98.197939, "activity_lines": [ 2.388, 2.081455, 1.754762, 1.624903 ] }, { "date": "2025-09-12", "close": 2.76, "volume": 239, "typical_volume": 368.8, "trend": 1.556667, "fair_value": 66.824551, "relative_strength": 67.958234, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.04451, "energy": 97.157563, "activity_lines": [ 2.550667, 2.245636, 1.870905, 1.705849 ] }, { "date": "2025-09-19", "close": 3.32, "volume": 55, "typical_volume": 261.3, "trend": 1.617333, "fair_value": 65.320192, "relative_strength": 97.147128, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.487585, "energy": 99.366518, "activity_lines": [ 2.850667, 2.488182, 2.034048, 1.819613 ] }, { "date": "2025-09-26", "close": 2.62, "volume": 117, "typical_volume": 265.55, "trend": 1.651667, "fair_value": 63.990833, "relative_strength": 53.705033, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.487714, "energy": 68.647624, "activity_lines": [ 2.826667, 2.567636, 2.119857, 1.884301 ] }, { "date": "2025-10-03", "close": 2.58, "volume": 1126, "typical_volume": 293.7, "trend": 1.689333, "fair_value": 62.494551, "relative_strength": 44.933484, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.762153, "energy": 67.308637, "activity_lines": [ 2.768, 2.617818, 2.194333, 1.944194 ] }, { "date": "2025-10-10", "close": 2.66, "volume": 412, "typical_volume": 312.0, "trend": 1.730667, "fair_value": 61.005192, "relative_strength": 48.760281, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.863226, "energy": 65.532461, "activity_lines": [ 2.725333, 2.661818, 2.269619, 2.006817 ] }, { "date": "2025-10-17", "close": 2.6, "volume": 14, "typical_volume": 311.05, "trend": 1.765, "fair_value": 59.387244, "relative_strength": 43.928781, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.278391, "energy": 51.840445, "activity_lines": [ 2.662667, 2.674545, 2.332381, 2.062903 ] }, { "date": "2025-10-24", "close": 2.42, "volume": 109, "typical_volume": 312.85, "trend": 1.801667, "fair_value": 58.127115, "relative_strength": 29.123017, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.162212, "energy": 41.371225, "activity_lines": [ 2.550667, 2.644, 2.371238, 2.105161 ] }, { "date": "2025-10-31", "close": 2.42, "volume": 0, "typical_volume": 306.7, "trend": 1.832333, "fair_value": 56.924679, "relative_strength": 33.701228, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.196153, "energy": 33.996932, "activity_lines": [ 2.498667, 2.605091, 2.404333, 2.145054 ] }, { "date": "2025-11-07", "close": 2.42, "volume": 0, "typical_volume": 272.85, "trend": 1.867333, "fair_value": 55.651731, "relative_strength": 39.224722, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.256382, "energy": 29.440842, "activity_lines": [ 2.46, 2.564, 2.43219, 2.182968 ] }, { "date": "2025-11-14", "close": 2.42, "volume": 0, "typical_volume": 263.75, "trend": 1.901, "fair_value": 54.497372, "relative_strength": 36.559494, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.935839, "energy": 28.484803, "activity_lines": [ 2.432, 2.522909, 2.454476, 2.218624 ] }, { "date": "2025-11-21", "close": 1.7, "volume": 967, "typical_volume": 302.25, "trend": 1.91, "fair_value": 53.206987, "relative_strength": -2.299657, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -18.442362, "energy": 26.481113, "activity_lines": [ 2.18, 2.355273, 2.403095, 2.205656 ] }, { "date": "2025-11-28", "close": 1.89, "volume": 368, "typical_volume": 272.0, "trend": 1.937, "fair_value": 51.866538, "relative_strength": 4.734323, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -14.818904, "energy": 33.25248, "activity_lines": [ 2.051333, 2.241455, 2.368714, 2.204366 ] }, { "date": "2025-12-05", "close": 1.41, "volume": 52, "typical_volume": 262.65, "trend": 1.949333, "fair_value": 50.523013, "relative_strength": -22.863467, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.392119, "energy": 54.354914, "activity_lines": [ 1.798, 2.066364, 2.286048, 2.170366 ] }, { "date": "2025-12-12", "close": 1.83, "volume": 326, "typical_volume": 275.05, "trend": 1.972, "fair_value": 49.137308, "relative_strength": -0.09234, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.953121, "energy": 50.911926, "activity_lines": [ 1.752, 1.989636, 2.243381, 2.162667 ] }, { "date": "2025-12-19", "close": 1.5, "volume": 3, "typical_volume": 274.35, "trend": 1.981, "fair_value": 47.884103, "relative_strength": -18.737588, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.45125, "energy": 70.745589, "activity_lines": [ 1.635333, 1.866545, 2.167429, 2.132215 ] }, { "date": "2025-12-26", "close": 1.65, "volume": 232, "typical_volume": 276.4, "trend": 1.996667, "fair_value": 46.660705, "relative_strength": -10.943662, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.594977, "energy": 70.650363, "activity_lines": [ 1.63, 1.791818, 2.105952, 2.11086 ] }, { "date": "2026-01-02", "close": 1.74, "volume": 1797, "typical_volume": 364.4, "trend": 2.014333, "fair_value": 45.306474, "relative_strength": -7.281589, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.345513, "energy": 51.784447, "activity_lines": [ 1.658, 1.750727, 2.05481, 2.094301 ] }, { "date": "2026-01-09", "close": 1.81, "volume": 186, "typical_volume": 364.15, "trend": 2.030667, "fair_value": 43.914231, "relative_strength": -6.89142, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.398602, "energy": 40.39499, "activity_lines": [ 1.719333, 1.734727, 2.011381, 2.081118 ] }, { "date": "2026-01-16", "close": 1.97, "volume": 1292, "typical_volume": 416.2, "trend": 2.054667, "fair_value": 42.414038, "relative_strength": -1.384077, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.815621, "energy": 21.92058, "activity_lines": [ 1.807333, 1.758909, 1.985524, 2.077204 ] }, { "date": "2026-01-23", "close": 1.98, "volume": 126, "typical_volume": 371.05, "trend": 2.075667, "fair_value": 40.676731, "relative_strength": -0.606031, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.540162, "energy": 25.991227, "activity_lines": [ 1.889333, 1.793091, 1.962762, 2.072387 ] }, { "date": "2026-01-30", "close": 2.4, "volume": 267, "typical_volume": 372.45, "trend": 2.106667, "fair_value": 38.986987, "relative_strength": 18.775033, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -0.505689, "energy": 19.073942, "activity_lines": [ 2.079333, 1.911636, 1.983238, 2.093312 ] }, { "date": "2026-02-06", "close": 2.16, "volume": 205, "typical_volume": 379.95, "trend": 2.133667, "fair_value": 37.334167, "relative_strength": 2.998972, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.417859, "energy": 20.760079, "activity_lines": [ 2.139333, 1.973818, 1.982571, 2.096753 ] }, { "date": "2026-02-13", "close": 2.4, "volume": 945, "typical_volume": 421.35, "trend": 2.166667, "fair_value": 35.714936, "relative_strength": 13.42911, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.563405, "energy": 33.431567, "activity_lines": [ 2.251333, 2.074727, 2.010286, 2.113935 ] }, { "date": "2026-02-20", "close": 2.26, "volume": 963, "typical_volume": 413.2, "trend": 2.194, "fair_value": 34.037115, "relative_strength": 4.300732, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.160054, "energy": 34.864563, "activity_lines": [ 2.277333, 2.132182, 2.025714, 2.119957 ] }, { "date": "2026-02-27", "close": 2.2, "volume": 320, "typical_volume": 408.6, "trend": 2.216, "fair_value": 32.403782, "relative_strength": -0.080144, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.396014, "energy": 33.535156, "activity_lines": [ 2.264, 2.170909, 2.036952, 2.120344 ] }, { "date": "2026-03-06", "close": 2.44, "volume": 241, "typical_volume": 419.95, "trend": 2.23, "fair_value": 30.816859, "relative_strength": 16.646056, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.93665, "energy": 49.426803, "activity_lines": [ 2.316, 2.240545, 2.073238, 2.134796 ] }, { "date": "2026-03-13", "close": 2.44, "volume": 2, "typical_volume": 414.6, "trend": 2.246, "fair_value": 29.229936, "relative_strength": 16.504595, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.848309, "energy": 49.346, "activity_lines": [ 2.365333, 2.295818, 2.110286, 2.148344 ] }, { "date": "2026-03-20", "close": 2.78, "volume": 87, "typical_volume": 418.95, "trend": 2.262, "fair_value": 27.555449, "relative_strength": 38.443353, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.239557, "energy": 66.2123, "activity_lines": [ 2.509333, 2.400182, 2.179619, 2.182796 ] }, { "date": "2026-03-27", "close": 2.4, "volume": 137, "typical_volume": 425.8, "trend": 2.261333, "fair_value": 25.872115, "relative_strength": 18.514784, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.666876, "energy": 54.341163, "activity_lines": [ 2.501333, 2.417818, 2.211048, 2.191699 ] }, { "date": "2026-04-03", "close": 2.4, "volume": 30, "typical_volume": 427.3, "trend": 2.252667, "fair_value": 24.284936, "relative_strength": 13.97223, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.343454, "energy": 45.060674, "activity_lines": [ 2.484, 2.427636, 2.242571, 2.200645 ] }, { "date": "2026-04-10", "close": 2.48, "volume": 78, "typical_volume": 382.85, "trend": 2.243333, "fair_value": 22.646987, "relative_strength": 11.71723, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.307462, "energy": 34.647043, "activity_lines": [ 2.48, 2.444364, 2.28181, 2.215312 ] }, { "date": "2026-04-17", "close": 2.02, "volume": 10, "typical_volume": 364.95, "trend": 2.2, "fair_value": 21.00609, "relative_strength": -11.156671, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 20.196468, "energy": 15.715912, "activity_lines": [ 2.32, 2.376, 2.273524, 2.200903 ] }, { "date": "2026-04-24", "close": 2.38, "volume": 197, "typical_volume": 372.2, "trend": 2.192, "fair_value": 19.329038, "relative_strength": 6.899735, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 33.547035, "energy": 19.926775, "activity_lines": [ 2.308, 2.375636, 2.298905, 2.212516 ] }, { "date": "2026-05-01", "close": 2.68, "volume": 87, "typical_volume": 360.25, "trend": 2.195333, "fair_value": 17.923141, "relative_strength": 20.559421, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.64483, "energy": 28.020253, "activity_lines": [ 2.422667, 2.430182, 2.348238, 2.244 ] }, { "date": "2026-05-08", "close": 3.0, "volume": 542, "typical_volume": 387.2, "trend": 2.206667, "fair_value": 16.40391, "relative_strength": 32.441658, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 79.812455, "energy": 52.977342, "activity_lines": [ 2.625333, 2.535273, 2.424, 2.295914 ] }, { "date": "2026-05-15", "close": 2.7, "volume": 328, "typical_volume": 392.0, "trend": 2.21, "fair_value": 14.908397, "relative_strength": 19.298826, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.035892, "energy": 68.117618, "activity_lines": [ 2.688, 2.571273, 2.464048, 2.327742 ] }, { "date": "2026-05-22", "close": 3.2, "volume": 1884, "typical_volume": 396.35, "trend": 2.236, "fair_value": 13.480192, "relative_strength": 34.651344, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.081122, "energy": 87.401113, "activity_lines": [ 2.902667, 2.693455, 2.546714, 2.391613 ] }, { "date": "2026-05-29", "close": 3.36, "volume": 291, "typical_volume": 401.6, "trend": 2.267333, "fair_value": 12.091474, "relative_strength": 39.620642, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.645033, "energy": 94.564766, "activity_lines": [ 3.092, 2.830909, 2.637667, 2.464129 ] }, { "date": "2026-06-05", "close": 3.14, "volume": 342, "typical_volume": 354.1, "trend": 2.291333, "fair_value": 11.512244, "relative_strength": 29.671002, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.181254, "energy": 86.157515, "activity_lines": [ 3.142667, 2.917818, 2.700286, 2.52043 ] }, { "date": "2026-06-12", "close": 3.2, "volume": 0, "typical_volume": 347.8, "trend": 2.317333, "fair_value": 10.901346, "relative_strength": 30.680592, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.788723, "energy": 85.947786, "activity_lines": [ 3.182667, 3.002182, 2.763048, 2.579054 ] }, { "date": "2026-06-19", "close": 2.5, "volume": 725, "typical_volume": 370.7, "trend": 2.344, "fair_value": 10.388526, "relative_strength": -0.665412, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.167183, "energy": 45.171165, "activity_lines": [ 2.976, 2.944727, 2.753333, 2.590839 ] }, { "date": "2026-06-26", "close": 2.28, "volume": 323, "typical_volume": 376.6, "trend": 2.357, "fair_value": 9.855064, "relative_strength": -9.093075, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 12.103018, "energy": 16.882701, "activity_lines": [ 2.709333, 2.846909, 2.72219, 2.58671 ] }, { "date": "2026-07-03", "close": 2.46, "volume": 143, "typical_volume": 336.5, "trend": 2.392, "fair_value": 9.351603, "relative_strength": -5.135779, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.42993, "energy": 25.102368, "activity_lines": [ 2.564, 2.777091, 2.707619, 2.593355 ] }, { "date": "2026-07-10", "close": 2.46, "volume": 787, "typical_volume": 327.7, "trend": 2.413, "fair_value": 8.860962, "relative_strength": -3.633963, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.570892, "energy": 29.944076, "activity_lines": [ 2.478667, 2.705818, 2.692762, 2.597742 ] }, { "date": "2026-07-17", "close": 2.42, "volume": 28, "typical_volume": 313.1, "trend": 2.443667, "fair_value": 8.469423, "relative_strength": -4.762818, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.25671, "energy": 36.161959, "activity_lines": [ 2.425333, 2.631273, 2.673143, 2.598194 ] }, { "date": "2026-07-24", "close": 2.52, "volume": 537, "typical_volume": 327.9, "trend": 2.472667, "fair_value": 8.05609, "relative_strength": -3.003311, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.444944, "energy": 30.174762, "activity_lines": [ 2.457333, 2.585455, 2.662, 2.603118 ] }, { "date": "2026-07-31", "close": 2.62, "volume": 23, "typical_volume": 328.95, "trend": 2.502, "fair_value": 7.624167, "relative_strength": -1.089688, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 1.287406, "energy": 15.076759, "activity_lines": [ 2.521333, 2.561091, 2.66, 2.612624 ] }, { "date": "2026-08-07", "close": 2.74, "volume": 175, "typical_volume": 333.35, "trend": 2.533, "fair_value": 7.157756, "relative_strength": 1.275385, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 27.128603, "energy": 13.904701, "activity_lines": [ 2.602667, 2.569091, 2.668571, 2.627978 ] } ], "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." } } }