{ "ticker": { "uuid": "76aad2bd-4df1-4e23-a0ee-343a4b8deace", "symbol": "HIGH", "name": "Cantourage Group SE", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 2.565, "architecture_energy": 21.754, "architecture_maturity": 62.587, "architecture_confidence": 73.003, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 56.06, "rotation_up": 14.71, "upward_expansion": 42.33, "deceleration": 87.55, "rotation_down": 45.49, "downward_expansion": 36.33 }, "activity_lines": [ 5.586667, 5.76, 5.863952, 5.659914 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 5.58, "trend_reference": 5.230333, "distance_from_trend": 0.066854, "trend_direction": "Improving", "fair_value": 5.694744, "distance_from_fair_value": -0.020149, "fair_value_direction": "Weakening", "relative_strength": 16.328353, "relative_strength_direction": "Weakening", "price_momentum": 0.395, "excess_performance": 0.33036, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.066854, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.2173, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.020149, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.037954, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.163284, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.272397, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.395, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.605261, "read": "Supply-led" } ], "volume": { "latest": 34067, "relative_activity": 1.12168, "balance": 0.605261, "dry_up": 0.938975, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.070857, "annualized_volatility": 0.442759, "from_high_reference": -0.186589, "from_low_reference": 1.405172 }, "levels": { "trend_reference": 5.230333, "fair_value_reference": 5.694744, "structural_low": 3.82, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.197587, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.168337, "regime_survival": 0.0, "best_return": -0.155738, "worst_return": -0.239437, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.336989, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.353389, "regime_survival": 0.0, "best_return": -0.288732, "worst_return": -0.385246, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.311178, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.371036, "regime_survival": 0.0, "best_return": -0.30123, "worst_return": -0.321127, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.05183, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.215435, "regime_survival": 0.5, "best_return": 0.209016, "worst_return": -0.312676, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-14", "end": "2024-07-05", "tenure": "New", "return": 0.021739, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-07-19", "tenure": "New", "return": -0.056338, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-12-20", "tenure": "Established", "return": -0.242647, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-03-28", "tenure": "Established", "return": -0.085149, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.172249, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.079108, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-07-04", "tenure": "Developing", "return": -0.116838, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": -0.135246, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-01", "end": "2025-08-22", "tenure": "New", "return": 0.032828, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2026-01-02", "tenure": "Established", "return": -0.155216, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-02-06", "tenure": "Developing", "return": 0.173021, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-13", "end": "2026-03-06", "tenure": "New", "return": 0.150852, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-13", "end": "2026-07-10", "tenure": "Established", "return": 0.084559, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.044944, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.0, "volume": 33073, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 10.18, "volume": 4100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 10.3, "volume": 4323, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 9.83, "volume": 1700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 9.55, "volume": 2226, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 9.51, "volume": 2312, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 9.18, "volume": 1836, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 8.51, "volume": 1412, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 8.8, "volume": 1985, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 8.73, "volume": 642, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 8.77, "volume": 573, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 8.09, "volume": 3702, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 7.94, "volume": 2475, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 7.92, "volume": 262, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 8.13, "volume": 1175, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 7.95, "volume": 5145, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 7.33, "volume": 5772, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 7.16, "volume": 2632, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 7.12, "volume": 4621, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 7.18, "volume": 2842, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 6.16, "volume": 8312, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 6.12, "volume": 1417, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 6.07, "volume": 4295, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 6.03, "volume": 2488, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 6.55, "volume": 9944, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 8.5, "volume": 65441, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 8.41, "volume": 16711, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 8.5, "volume": 138772, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 7.48, "volume": 13957, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 6.74, "volume": 9636, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 6.94, "volume": 8672, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 8.28, "volume": 58249, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 8.3, "volume": 14856, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 8.25, "volume": 28650, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 8.05, "volume": 6194, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 7.45, "volume": 6674, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 8.15, "volume": 12792, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 7.5, "volume": 8334, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 7.25, "volume": 6374, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 7.25, "volume": 13971, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 7.2, "volume": 9711, "typical_volume": 21856.9, "trend": 7.466667, "fair_value": 9.7435, "relative_strength": -26.493529, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -14.560704, "energy": 16.285602, "activity_lines": [ 7.326667, 7.558727, 7.606857, 7.494452 ] }, { "date": "2024-05-31", "close": 7.0, "volume": 1997, "typical_volume": 21885.9, "trend": 7.430333, "fair_value": 9.70963, "relative_strength": -27.122842, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -19.746061, "energy": 32.247478, "activity_lines": [ 7.17, 7.419091, 7.563905, 7.464344 ] }, { "date": "2024-06-07", "close": 6.75, "volume": 4351, "typical_volume": 21888.7, "trend": 7.390667, "fair_value": 9.673537, "relative_strength": -29.257345, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -28.412529, "energy": 42.095037, "activity_lines": [ 7.006667, 7.257273, 7.492952, 7.420452 ] }, { "date": "2024-06-14", "close": 6.9, "volume": 7935, "typical_volume": 22161.05, "trend": 7.356667, "fair_value": 9.64012, "relative_strength": -24.419629, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.164717, "energy": 41.223835, "activity_lines": [ 6.943333, 7.150909, 7.433048, 7.388796 ] }, { "date": "2024-06-21", "close": 6.95, "volume": 16392, "typical_volume": 22483.45, "trend": 7.317333, "fair_value": 9.608095, "relative_strength": -23.58174, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.646614, "energy": 37.383501, "activity_lines": [ 6.92, 7.078182, 7.373762, 7.362559 ] }, { "date": "2024-06-28", "close": 6.8, "volume": 2759, "typical_volume": 19349.35, "trend": 7.279, "fair_value": 9.575059, "relative_strength": -24.550032, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.373982, "energy": 37.615416, "activity_lines": [ 6.866667, 6.998182, 7.298286, 7.329183 ] }, { "date": "2024-07-05", "close": 7.05, "volume": 7326, "typical_volume": 18880.1, "trend": 7.269667, "fair_value": 9.545698, "relative_strength": -21.875474, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.168895, "energy": 25.149319, "activity_lines": [ 6.923333, 6.975455, 7.254714, 7.314409 ] }, { "date": "2024-07-12", "close": 7.1, "volume": 16565, "typical_volume": 12769.75, "trend": 7.267667, "fair_value": 9.517586, "relative_strength": -21.642039, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.083062, "energy": 14.997595, "activity_lines": [ 6.993333, 6.981818, 7.222381, 7.303462 ] }, { "date": "2024-07-19", "close": 6.7, "volume": 5247, "typical_volume": 12334.25, "trend": 7.253667, "fair_value": 9.485568, "relative_strength": -22.781955, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.994053, "energy": 23.751563, "activity_lines": [ 6.906667, 6.922727, 7.158619, 7.266839 ] }, { "date": "2024-07-26", "close": 6.8, "volume": 3270, "typical_volume": 12015.95, "trend": 7.241, "fair_value": 9.455393, "relative_strength": -21.744732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.875865, "energy": 33.647651, "activity_lines": [ 6.866667, 6.891818, 7.108095, 7.23757 ] }, { "date": "2024-08-02", "close": 6.1, "volume": 9388, "typical_volume": 12051.75, "trend": 7.239, "fair_value": 9.418111, "relative_strength": -25.79102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.566764, "energy": 65.55266, "activity_lines": [ 6.603333, 6.741818, 6.990619, 7.163957 ] }, { "date": "2024-08-09", "close": 5.4, "volume": 3156, "typical_volume": 9297.1, "trend": 7.215, "fair_value": 9.373956, "relative_strength": -33.49818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.585386, "energy": 86.365488, "activity_lines": [ 6.153333, 6.484545, 6.810476, 7.045312 ] }, { "date": "2024-08-16", "close": 5.25, "volume": 5533, "typical_volume": 8830.95, "trend": 7.187667, "fair_value": 9.32913, "relative_strength": -36.339378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.397807, "energy": 91.908333, "activity_lines": [ 5.763333, 6.229091, 6.629762, 6.918538 ] }, { "date": "2024-08-23", "close": 5.05, "volume": 8209, "typical_volume": 7808.9, "trend": 7.155, "fair_value": 9.283118, "relative_strength": -38.79129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.158054, "energy": 93.334422, "activity_lines": [ 5.43, 5.964545, 6.444524, 6.780624 ] }, { "date": "2024-08-30", "close": 4.22, "volume": 3764, "typical_volume": 7687.4, "trend": 7.077333, "fair_value": 9.229255, "relative_strength": -48.639519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.471966, "energy": 96.216964, "activity_lines": [ 4.93, 5.582727, 6.195476, 6.591269 ] }, { "date": "2024-09-06", "close": 5.15, "volume": 8884, "typical_volume": 7797.9, "trend": 6.965667, "fair_value": 9.186316, "relative_strength": -34.250377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.29012, "energy": 83.219314, "activity_lines": [ 4.912, 5.419636, 6.053238, 6.466925 ] }, { "date": "2024-09-13", "close": 4.94, "volume": 5026, "typical_volume": 7409.6, "trend": 6.85, "fair_value": 9.142083, "relative_strength": -37.323866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.417898, "energy": 63.576933, "activity_lines": [ 4.887333, 5.248364, 5.901952, 6.336237 ] }, { "date": "2024-09-20", "close": 5.05, "volume": 3037, "typical_volume": 7144.75, "trend": 6.735, "fair_value": 9.099897, "relative_strength": -34.985734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.966987, "energy": 63.223857, "activity_lines": [ 4.93, 5.135455, 5.776429, 6.220108 ] }, { "date": "2024-09-27", "close": 5.3, "volume": 6209, "typical_volume": 7136.5, "trend": 6.662333, "fair_value": 9.061122, "relative_strength": -33.406369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.82232, "energy": 50.608571, "activity_lines": [ 5.069333, 5.105273, 5.686381, 6.127527 ] }, { "date": "2024-10-04", "close": 5.0, "volume": 6392, "typical_volume": 6757.55, "trend": 6.604333, "fair_value": 9.020101, "relative_strength": -35.109261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.373437, "energy": 44.423489, "activity_lines": [ 5.092, 5.046, 5.577048, 6.02028 ] }, { "date": "2024-10-11", "close": 5.05, "volume": 24030, "typical_volume": 7473.5, "trend": 6.541333, "fair_value": 8.9804, "relative_strength": -34.316613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.281247, "energy": 38.307506, "activity_lines": [ 5.079333, 5.028545, 5.48319, 5.92 ] }, { "date": "2024-10-18", "close": 4.56, "volume": 22107, "typical_volume": 8479.0, "trend": 6.417333, "fair_value": 8.936634, "relative_strength": -40.513489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.993247, "energy": 48.150083, "activity_lines": [ 4.91, 4.941091, 5.352905, 5.792172 ] }, { "date": "2024-10-25", "close": 4.6, "volume": 2461, "typical_volume": 8384.5, "trend": 6.294, "fair_value": 8.894118, "relative_strength": -38.296449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.865617, "energy": 50.3271, "activity_lines": [ 4.779333, 4.876182, 5.238048, 5.674925 ] }, { "date": "2024-11-01", "close": 4.72, "volume": 2999, "typical_volume": 8137.7, "trend": 6.176333, "fair_value": 8.853592, "relative_strength": -35.063537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.869433, "energy": 50.358971, "activity_lines": [ 4.718667, 4.844909, 5.144857, 5.573376 ] }, { "date": "2024-11-08", "close": 4.6, "volume": 26824, "typical_volume": 8659.3, "trend": 6.061333, "fair_value": 8.812692, "relative_strength": -35.660767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.198495, "energy": 56.610681, "activity_lines": [ 4.656667, 4.797818, 5.050619, 5.471677 ] }, { "date": "2024-11-15", "close": 4.3, "volume": 12580, "typical_volume": 9150.35, "trend": 5.956333, "fair_value": 8.769714, "relative_strength": -38.979026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.556259, "energy": 63.976159, "activity_lines": [ 4.521333, 4.689273, 4.939, 5.358043 ] }, { "date": "2024-11-22", "close": 4.46, "volume": 29891, "typical_volume": 10278.6, "trend": 5.833333, "fair_value": 8.729057, "relative_strength": -36.149463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.855822, "energy": 55.72723, "activity_lines": [ 4.489333, 4.625273, 4.854524, 5.261505 ] }, { "date": "2024-11-29", "close": 4.38, "volume": 24073, "typical_volume": 10654.0, "trend": 5.729333, "fair_value": 8.688411, "relative_strength": -37.394118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.149191, "energy": 57.076435, "activity_lines": [ 4.437333, 4.555455, 4.774762, 5.167742 ] }, { "date": "2024-12-06", "close": 4.7, "volume": 49674, "typical_volume": 12875.35, "trend": 5.644333, "fair_value": 8.651481, "relative_strength": -34.588997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.583559, "energy": 49.480396, "activity_lines": [ 4.506667, 4.556, 4.738429, 5.101333 ] }, { "date": "2024-12-13", "close": 5.7, "volume": 108085, "typical_volume": 18116.1, "trend": 5.592667, "fair_value": 8.624404, "relative_strength": -20.109117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.69215, "energy": 11.600916, "activity_lines": [ 4.910667, 4.749273, 4.806857, 5.104925 ] }, { "date": "2024-12-20", "close": 5.15, "volume": 9463, "typical_volume": 18119.85, "trend": 5.524333, "fair_value": 8.592818, "relative_strength": -25.238512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.596642, "energy": 16.198387, "activity_lines": [ 5.058, 4.829818, 4.828143, 5.076366 ] }, { "date": "2024-12-27", "close": 5.05, "volume": 788, "typical_volume": 18001.45, "trend": 5.459333, "fair_value": 8.560901, "relative_strength": -26.336087, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.036107, "energy": 20.528148, "activity_lines": [ 5.115333, 4.890364, 4.844429, 5.045763 ] }, { "date": "2025-01-03", "close": 4.9, "volume": 82379, "typical_volume": 21843.75, "trend": 5.397667, "fair_value": 8.528214, "relative_strength": -27.736574, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.181142, "energy": 19.492087, "activity_lines": [ 5.083333, 4.914727, 4.848095, 5.009677 ] }, { "date": "2025-01-10", "close": 4.82, "volume": 45585, "typical_volume": 23712.55, "trend": 5.328333, "fair_value": 8.495398, "relative_strength": -29.492717, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.123786, "energy": 10.277238, "activity_lines": [ 4.99, 4.919091, 4.84581, 4.972409 ] }, { "date": "2025-01-17", "close": 4.94, "volume": 102690, "typical_volume": 28658.85, "trend": 5.261333, "fair_value": 8.464211, "relative_strength": -29.596051, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.252502, "energy": 12.402411, "activity_lines": [ 4.928667, 4.943455, 4.856048, 4.947355 ] }, { "date": "2025-01-24", "close": 4.84, "volume": 48969, "typical_volume": 30663.1, "trend": 5.196, "fair_value": 8.432696, "relative_strength": -32.103063, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.230042, "energy": 16.988771, "activity_lines": [ 4.884667, 4.943455, 4.853333, 4.920172 ] }, { "date": "2025-01-31", "close": 4.94, "volume": 76425, "typical_volume": 34233.05, "trend": 5.125667, "fair_value": 8.402586, "relative_strength": -31.139964, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.958233, "energy": 15.635296, "activity_lines": [ 4.894667, 4.951818, 4.861619, 4.903656 ] }, { "date": "2025-02-07", "close": 4.74, "volume": 39265, "typical_volume": 36044.45, "trend": 5.047, "fair_value": 8.371282, "relative_strength": -32.983315, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.049439, "energy": 17.638446, "activity_lines": [ 4.845333, 4.915091, 4.850857, 4.878774 ] }, { "date": "2025-02-14", "close": 4.7, "volume": 15989, "typical_volume": 36533.45, "trend": 4.980333, "fair_value": 8.340169, "relative_strength": -34.598316, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.929633, "energy": 20.172989, "activity_lines": [ 4.793333, 4.864545, 4.837762, 4.856387 ] }, { "date": "2025-02-21", "close": 4.7, "volume": 25400, "typical_volume": 37483.85, "trend": 4.910333, "fair_value": 8.30958, "relative_strength": -32.813992, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.493993, "energy": 24.362688, "activity_lines": [ 4.749333, 4.814, 4.827524, 4.838301 ] }, { "date": "2025-02-28", "close": 4.76, "volume": 9250, "typical_volume": 36744.85, "trend": 4.865667, "fair_value": 8.28, "relative_strength": -31.873028, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.840748, "energy": 25.185936, "activity_lines": [ 4.741333, 4.792545, 4.824429, 4.828602 ] }, { "date": "2025-03-07", "close": 4.7, "volume": 8362, "typical_volume": 36057.6, "trend": 4.842333, "fair_value": 8.250413, "relative_strength": -33.349181, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.689256, "energy": 29.900482, "activity_lines": [ 4.718667, 4.767273, 4.817, 4.817914 ] }, { "date": "2025-03-14", "close": 4.66, "volume": 55189, "typical_volume": 38694.0, "trend": 4.822667, "fair_value": 8.220984, "relative_strength": -33.079382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.254193, "energy": 35.643163, "activity_lines": [ 4.698667, 4.741091, 4.805095, 4.806151 ] }, { "date": "2025-03-21", "close": 4.66, "volume": 24019, "typical_volume": 39745.0, "trend": 4.809667, "fair_value": 8.192033, "relative_strength": -31.712163, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.489146, "energy": 34.596962, "activity_lines": [ 4.684, 4.719273, 4.792905, 4.795656 ] }, { "date": "2025-03-28", "close": 4.62, "volume": 34170, "typical_volume": 40112.3, "trend": 4.823, "fair_value": 8.163226, "relative_strength": -29.902253, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.396401, "energy": 37.459889, "activity_lines": [ 4.658667, 4.693091, 4.77719, 4.783419 ] }, { "date": "2025-04-04", "close": 4.18, "volume": 15405, "typical_volume": 40253.55, "trend": 4.790667, "fair_value": 8.13136, "relative_strength": -29.830673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.930104, "energy": 60.785589, "activity_lines": [ 4.492, 4.592727, 4.719476, 4.741935 ] }, { "date": "2025-04-11", "close": 4.59, "volume": 106919, "typical_volume": 44104.95, "trend": 4.779, "fair_value": 8.103254, "relative_strength": -20.754787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.515437, "energy": 43.530828, "activity_lines": [ 4.500667, 4.578909, 4.701381, 4.728989 ] }, { "date": "2025-04-18", "close": 4.72, "volume": 26366, "typical_volume": 44219.6, "trend": 4.768, "fair_value": 8.076614, "relative_strength": -20.646833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.723436, "energy": 31.425373, "activity_lines": [ 4.56, 4.595091, 4.695048, 4.725183 ] }, { "date": "2025-04-25", "close": 4.9, "volume": 75118, "typical_volume": 45491.8, "trend": 4.754667, "fair_value": 8.051797, "relative_strength": -20.210069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.296405, "energy": 13.101903, "activity_lines": [ 4.675333, 4.644364, 4.704238, 4.733699 ] }, { "date": "2025-05-02", "close": 4.93, "volume": 14302, "typical_volume": 40802.65, "trend": 4.752333, "fair_value": 8.027597, "relative_strength": -21.547336, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.978651, "energy": 10.974753, "activity_lines": [ 4.784667, 4.695455, 4.715333, 4.745011 ] }, { "date": "2025-05-09", "close": 4.84, "volume": 23955, "typical_volume": 41527.25, "trend": 4.745333, "fair_value": 8.003077, "relative_strength": -23.356132, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.283584, "energy": 18.619471, "activity_lines": [ 4.843333, 4.726, 4.721524, 4.750667 ] }, { "date": "2025-05-16", "close": 5.32, "volume": 149182, "typical_volume": 48946.95, "trend": 4.770667, "fair_value": 7.982595, "relative_strength": -15.717628, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.845338, "energy": 45.399528, "activity_lines": [ 5.018, 4.842364, 4.774905, 4.787742 ] }, { "date": "2025-05-23", "close": 5.82, "volume": 156389, "typical_volume": 52647.45, "trend": 4.811333, "fair_value": 7.966212, "relative_strength": -6.316459, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.453913, "energy": 73.912816, "activity_lines": [ 5.310667, 5.038364, 4.874619, 4.855441 ] }, { "date": "2025-05-30", "close": 6.34, "volume": 102795, "typical_volume": 55507.95, "trend": 4.865333, "fair_value": 7.953985, "relative_strength": 1.336011, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.947982, "energy": 84.652576, "activity_lines": [ 5.703333, 5.307818, 5.019476, 4.954065 ] }, { "date": "2025-06-06", "close": 6.26, "volume": 68372, "typical_volume": 53792.05, "trend": 4.920667, "fair_value": 7.941343, "relative_strength": -0.426644, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.554658, "energy": 85.253471, "activity_lines": [ 5.973333, 5.532182, 5.149476, 5.044043 ] }, { "date": "2025-06-13", "close": 6.54, "volume": 39327, "typical_volume": 53309.95, "trend": 4.995333, "fair_value": 7.930963, "relative_strength": 8.361336, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.506661, "energy": 88.961475, "activity_lines": [ 6.248, 5.777636, 5.299857, 5.148516 ] }, { "date": "2025-06-20", "close": 5.8, "volume": 64900, "typical_volume": 52733.7, "trend": 5.04, "fair_value": 7.915294, "relative_strength": -2.234423, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.786508, "energy": 76.180401, "activity_lines": [ 6.162667, 5.845636, 5.371667, 5.20043 ] }, { "date": "2025-06-27", "close": 5.28, "volume": 40906, "typical_volume": 52815.75, "trend": 5.07, "fair_value": 7.896058, "relative_strength": -12.513161, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.469115, "energy": 44.453238, "activity_lines": [ 5.872, 5.797091, 5.389857, 5.215914 ] }, { "date": "2025-07-04", "close": 5.14, "volume": 21097, "typical_volume": 53071.15, "trend": 5.084667, "fair_value": 7.876087, "relative_strength": -12.848331, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.353246, "energy": 22.603962, "activity_lines": [ 5.570667, 5.712909, 5.392143, 5.22043 ] }, { "date": "2025-07-11", "close": 4.88, "volume": 84421, "typical_volume": 56022.2, "trend": 5.057333, "fair_value": 7.854532, "relative_strength": -17.719959, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.43926, "energy": 23.163712, "activity_lines": [ 5.262667, 5.577091, 5.367571, 5.207226 ] }, { "date": "2025-07-18", "close": 4.41, "volume": 95557, "typical_volume": 60337.55, "trend": 5.032667, "fair_value": 7.829929, "relative_strength": -24.640021, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.539154, "energy": 34.144257, "activity_lines": [ 4.89, 5.356727, 5.297381, 5.165462 ] }, { "date": "2025-07-25", "close": 4.22, "volume": 45872, "typical_volume": 62213.05, "trend": 5.005, "fair_value": 7.804326, "relative_strength": -26.529055, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.661267, "energy": 44.618672, "activity_lines": [ 4.596, 5.109636, 5.210762, 5.113032 ] }, { "date": "2025-08-01", "close": 3.96, "volume": 69824, "typical_volume": 62944.8, "trend": 4.973667, "fair_value": 7.777254, "relative_strength": -27.692269, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.256494, "energy": 64.443685, "activity_lines": [ 4.320667, 4.835273, 5.101667, 5.045613 ] }, { "date": "2025-08-08", "close": 4.12, "volume": 38833, "typical_volume": 63685.5, "trend": 4.950333, "fair_value": 7.751678, "relative_strength": -26.250979, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.406784, "energy": 64.450499, "activity_lines": [ 4.186667, 4.623818, 5.011143, 4.990538 ] }, { "date": "2025-08-15", "close": 4.04, "volume": 45590, "typical_volume": 64256.5, "trend": 4.920333, "fair_value": 7.725903, "relative_strength": -27.53881, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.303363, "energy": 67.46192, "activity_lines": [ 4.094, 4.438182, 4.915571, 4.931806 ] }, { "date": "2025-08-22", "close": 4.09, "volume": 15276, "typical_volume": 64250.05, "trend": 4.895333, "fair_value": 7.700828, "relative_strength": -26.012214, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.240353, "energy": 70.604036, "activity_lines": [ 4.074, 4.302, 4.827524, 4.878237 ] }, { "date": "2025-08-29", "close": 3.93, "volume": 14136, "typical_volume": 59610.9, "trend": 4.861667, "fair_value": 7.675, "relative_strength": -27.17298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.207497, "energy": 67.0787, "activity_lines": [ 4.022, 4.181273, 4.724667, 4.815957 ] }, { "date": "2025-09-05", "close": 3.7, "volume": 53312, "typical_volume": 60958.2, "trend": 4.827, "fair_value": 7.647959, "relative_strength": -29.80325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.481778, "energy": 73.123962, "activity_lines": [ 3.912667, 4.052727, 4.603048, 4.741011 ] }, { "date": "2025-09-12", "close": 3.66, "volume": 35618, "typical_volume": 58983.2, "trend": 4.792333, "fair_value": 7.621014, "relative_strength": -30.199119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.599386, "energy": 73.103984, "activity_lines": [ 3.807333, 3.945636, 4.482476, 4.66572 ] }, { "date": "2025-09-19", "close": 3.53, "volume": 24456, "typical_volume": 59490.9, "trend": 4.753333, "fair_value": 7.593557, "relative_strength": -31.79717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.189995, "energy": 83.428292, "activity_lines": [ 3.689333, 3.841818, 4.355429, 4.58428 ] }, { "date": "2025-09-26", "close": 3.89, "volume": 124542, "typical_volume": 64520.25, "trend": 4.724333, "fair_value": 7.568867, "relative_strength": -24.439665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.941808, "energy": 70.430778, "activity_lines": [ 3.725333, 3.828, 4.269333, 4.528581 ] }, { "date": "2025-10-03", "close": 3.65, "volume": 28055, "typical_volume": 58463.9, "trend": 4.689333, "fair_value": 7.542914, "relative_strength": -30.269638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.980835, "energy": 60.724, "activity_lines": [ 3.694667, 3.78, 4.164905, 4.459269 ] }, { "date": "2025-10-10", "close": 3.0, "volume": 75671, "typical_volume": 54428.0, "trend": 4.634, "fair_value": 7.513026, "relative_strength": -41.647148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.041203, "energy": 73.840936, "activity_lines": [ 3.466, 3.624182, 4.006524, 4.35028 ] }, { "date": "2025-10-17", "close": 3.39, "volume": 70052, "typical_volume": 52790.85, "trend": 4.591667, "fair_value": 7.486078, "relative_strength": -32.375356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.223313, "energy": 59.509143, "activity_lines": [ 3.414, 3.556727, 3.898714, 4.270022 ] }, { "date": "2025-10-24", "close": 3.1, "volume": 21601, "typical_volume": 50452.3, "trend": 4.541, "fair_value": 7.457597, "relative_strength": -38.594714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.94657, "energy": 72.485668, "activity_lines": [ 3.283333, 3.449818, 3.777333, 4.173785 ] }, { "date": "2025-10-31", "close": 3.03, "volume": 77418, "typical_volume": 52356.85, "trend": 4.502667, "fair_value": 7.429032, "relative_strength": -38.603154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.588328, "energy": 78.501017, "activity_lines": [ 3.158, 3.347273, 3.664333, 4.076301 ] }, { "date": "2025-11-07", "close": 3.04, "volume": 40006, "typical_volume": 51112.15, "trend": 4.451, "fair_value": 7.400897, "relative_strength": -36.733457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.925416, "energy": 66.432285, "activity_lines": [ 3.093333, 3.265818, 3.569, 3.981935 ] }, { "date": "2025-11-14", "close": 2.94, "volume": 52569, "typical_volume": 51695.3, "trend": 4.391667, "fair_value": 7.296667, "relative_strength": -39.021008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.478074, "energy": 64.22759, "activity_lines": [ 3.036, 3.182364, 3.477286, 3.884452 ] }, { "date": "2025-11-21", "close": 2.53, "volume": 17630, "typical_volume": 51521.95, "trend": 4.312667, "fair_value": 7.207244, "relative_strength": -45.107843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.17155, "energy": 70.212403, "activity_lines": [ 2.846, 3.038182, 3.357667, 3.764344 ] }, { "date": "2025-11-28", "close": 2.99, "volume": 58548, "typical_volume": 50228.3, "trend": 4.248, "fair_value": 7.116795, "relative_strength": -36.557376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.353289, "energy": 56.701628, "activity_lines": [ 2.866667, 2.998182, 3.294286, 3.679011 ] }, { "date": "2025-12-05", "close": 3.01, "volume": 39823, "typical_volume": 47441.6, "trend": 4.187, "fair_value": 7.036731, "relative_strength": -35.986019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.565699, "energy": 51.540241, "activity_lines": [ 2.901333, 2.971636, 3.24181, 3.59914 ] }, { "date": "2025-12-12", "close": 3.08, "volume": 41369, "typical_volume": 47216.45, "trend": 4.112333, "fair_value": 6.953013, "relative_strength": -33.939497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.057786, "energy": 45.262206, "activity_lines": [ 2.960667, 2.973818, 3.202667, 3.52772 ] }, { "date": "2025-12-19", "close": 3.38, "volume": 94579, "typical_volume": 48454.2, "trend": 4.031, "fair_value": 6.8725, "relative_strength": -26.935764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.690699, "energy": 25.043092, "activity_lines": [ 3.117333, 3.040909, 3.197524, 3.480473 ] }, { "date": "2025-12-26", "close": 3.39, "volume": 15082, "typical_volume": 47266.65, "trend": 3.932667, "fair_value": 6.80359, "relative_strength": -26.028007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.841024, "energy": 21.263167, "activity_lines": [ 3.248, 3.102909, 3.196095, 3.439118 ] }, { "date": "2026-01-02", "close": 3.32, "volume": 35194, "typical_volume": 46746.85, "trend": 3.834667, "fair_value": 6.737436, "relative_strength": -27.320793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.214717, "energy": 20.912771, "activity_lines": [ 3.298, 3.152182, 3.191476, 3.399591 ] }, { "date": "2026-01-09", "close": 3.41, "volume": 22305, "typical_volume": 47098.3, "trend": 3.730333, "fair_value": 6.677244, "relative_strength": -26.701643, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.414536, "energy": 17.395873, "activity_lines": [ 3.356, 3.213818, 3.198857, 3.372194 ] }, { "date": "2026-01-16", "close": 3.4, "volume": 20696, "typical_volume": 47426.3, "trend": 3.650333, "fair_value": 6.636282, "relative_strength": -26.234025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.608212, "energy": 15.792797, "activity_lines": [ 3.384, 3.266727, 3.208524, 3.350882 ] }, { "date": "2026-01-23", "close": 3.22, "volume": 57303, "typical_volume": 47625.85, "trend": 3.581667, "fair_value": 6.590513, "relative_strength": -28.29366, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.212585, "energy": 11.072892, "activity_lines": [ 3.330667, 3.280364, 3.203571, 3.323118 ] }, { "date": "2026-01-30", "close": 3.48, "volume": 31798, "typical_volume": 47434.85, "trend": 3.526333, "fair_value": 6.546154, "relative_strength": -20.637213, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.25984, "energy": 8.823155, "activity_lines": [ 3.374667, 3.336182, 3.225667, 3.316559 ] }, { "date": "2026-02-06", "close": 4.0, "volume": 103212, "typical_volume": 51372.65, "trend": 3.497, "fair_value": 6.505897, "relative_strength": -8.905759, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.716187, "energy": 44.873779, "activity_lines": [ 3.586, 3.469273, 3.298143, 3.347118 ] }, { "date": "2026-02-13", "close": 4.11, "volume": 74034, "typical_volume": 48847.25, "trend": 3.487, "fair_value": 6.46609, "relative_strength": -6.684757, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.772187, "energy": 59.860165, "activity_lines": [ 3.788667, 3.604, 3.378857, 3.386667 ] }, { "date": "2026-02-20", "close": 4.05, "volume": 66013, "typical_volume": 50745.15, "trend": 3.481333, "fair_value": 6.425769, "relative_strength": -8.804315, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.005768, "energy": 68.343947, "activity_lines": [ 3.924667, 3.707818, 3.45281, 3.422989 ] }, { "date": "2026-02-27", "close": 4.1, "volume": 68191, "typical_volume": 50371.15, "trend": 3.486, "fair_value": 6.385513, "relative_strength": -7.268316, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.40459, "energy": 70.977811, "activity_lines": [ 4.034, 3.803091, 3.529619, 3.462903 ] }, { "date": "2026-03-06", "close": 4.73, "volume": 108883, "typical_volume": 52312.7, "trend": 3.506333, "fair_value": 6.355513, "relative_strength": 14.706706, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 88.327838, "energy": 88.189361, "activity_lines": [ 4.294667, 3.999818, 3.66119, 3.543161 ] }, { "date": "2026-03-13", "close": 5.44, "volume": 186164, "typical_volume": 60540.85, "trend": 3.553, "fair_value": 6.329038, "relative_strength": 32.3073, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.086452, "energy": 92.755392, "activity_lines": [ 4.708667, 4.301273, 3.854, 3.667914 ] }, { "date": "2026-03-20", "close": 5.4, "volume": 48349, "typical_volume": 59087.4, "trend": 3.596667, "fair_value": 6.304808, "relative_strength": 37.029749, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.811303, "energy": 93.240703, "activity_lines": [ 5.013333, 4.556909, 4.031857, 3.787075 ] }, { "date": "2026-03-27", "close": 4.99, "volume": 60194, "typical_volume": 60096.8, "trend": 3.632, "fair_value": 6.282244, "relative_strength": 26.826352, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.462201, "energy": 84.49442, "activity_lines": [ 5.095333, 4.701818, 4.159381, 3.876968 ] }, { "date": "2026-04-03", "close": 4.65, "volume": 12978, "typical_volume": 58117.25, "trend": 3.663667, "fair_value": 6.247692, "relative_strength": 13.782724, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.024691, "energy": 64.020404, "activity_lines": [ 5.001333, 4.756, 4.245238, 3.942645 ] }, { "date": "2026-04-10", "close": 4.72, "volume": 36943, "typical_volume": 59082.9, "trend": 3.699, "fair_value": 6.209359, "relative_strength": 12.742236, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.559682, "energy": 51.035929, "activity_lines": [ 4.894, 4.796909, 4.329619, 4.010796 ] }, { "date": "2026-04-17", "close": 5.34, "volume": 21465, "typical_volume": 57228.75, "trend": 3.759333, "fair_value": 6.178077, "relative_strength": 22.999359, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.762037, "energy": 49.340578, "activity_lines": [ 4.994, 4.928, 4.462619, 4.116667 ] }, { "date": "2026-04-24", "close": 5.68, "volume": 81638, "typical_volume": 59319.5, "trend": 3.819, "fair_value": 6.149231, "relative_strength": 33.718111, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.435368, "energy": 52.645877, "activity_lines": [ 5.214, 5.096545, 4.61681, 4.240581 ] }, { "date": "2026-05-01", "close": 5.76, "volume": 11669, "typical_volume": 57834.5, "trend": 3.889333, "fair_value": 6.118718, "relative_strength": 34.34348, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.673277, "energy": 57.834189, "activity_lines": [ 5.442, 5.251091, 4.765905, 4.365806 ] }, { "date": "2026-05-08", "close": 6.2, "volume": 49688, "typical_volume": 55589.95, "trend": 3.996, "fair_value": 6.091538, "relative_strength": 43.568044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.670392, "energy": 80.649825, "activity_lines": [ 5.765333, 5.454545, 4.944143, 4.514882 ] }, { "date": "2026-05-15", "close": 5.94, "volume": 58503, "typical_volume": 57761.0, "trend": 4.081, "fair_value": 6.066154, "relative_strength": 39.410792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.579288, "energy": 78.485441, "activity_lines": [ 5.898667, 5.572545, 5.08419, 4.640301 ] }, { "date": "2026-05-22", "close": 6.06, "volume": 16115, "typical_volume": 56807.05, "trend": 4.179667, "fair_value": 6.040385, "relative_strength": 36.908648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.783357, "energy": 77.421729, "activity_lines": [ 5.990667, 5.690364, 5.223524, 4.767978 ] }, { "date": "2026-05-29", "close": 6.54, "volume": 73136, "typical_volume": 59348.6, "trend": 4.296667, "fair_value": 6.018077, "relative_strength": 46.539217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.924128, "energy": 74.973896, "activity_lines": [ 6.194667, 5.884182, 5.395524, 4.920258 ] }, { "date": "2026-06-05", "close": 6.34, "volume": 19769, "typical_volume": 59302.25, "trend": 4.406667, "fair_value": 5.994487, "relative_strength": 44.064437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.634541, "energy": 66.644574, "activity_lines": [ 6.274667, 6.020909, 5.533571, 5.052086 ] }, { "date": "2026-06-12", "close": 6.22, "volume": 3646, "typical_volume": 56619.4, "trend": 4.516, "fair_value": 5.955769, "relative_strength": 42.44252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.072518, "energy": 71.319292, "activity_lines": [ 6.276, 6.111273, 5.64619, 5.169075 ] }, { "date": "2026-06-19", "close": 6.16, "volume": 4758, "typical_volume": 55267.4, "trend": 4.637, "fair_value": 5.922564, "relative_strength": 39.117361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.203808, "energy": 62.875415, "activity_lines": [ 6.256, 6.162182, 5.73881, 5.27514 ] }, { "date": "2026-06-26", "close": 6.16, "volume": 18986, "typical_volume": 51056.1, "trend": 4.742667, "fair_value": 5.88859, "relative_strength": 40.43435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.996761, "energy": 53.972225, "activity_lines": [ 6.221333, 6.186909, 5.818667, 5.373398 ] }, { "date": "2026-07-03", "close": 6.2, "volume": 57, "typical_volume": 47357.25, "trend": 4.849, "fair_value": 5.86, "relative_strength": 34.914284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.003664, "energy": 45.776324, "activity_lines": [ 6.193333, 6.204, 5.892048, 5.467419 ] }, { "date": "2026-07-10", "close": 5.9, "volume": 23811, "typical_volume": 45247.15, "trend": 4.943, "fair_value": 5.831154, "relative_strength": 31.548965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.946542, "energy": 36.539322, "activity_lines": [ 6.088, 6.157091, 5.926905, 5.535226 ] }, { "date": "2026-07-17", "close": 5.34, "volume": 50970, "typical_volume": 44386.1, "trend": 5.008333, "fair_value": 5.795769, "relative_strength": 19.763939, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.799839, "energy": 18.489461, "activity_lines": [ 5.825333, 6.005818, 5.899619, 5.560839 ] }, { "date": "2026-07-24", "close": 5.48, "volume": 22895, "typical_volume": 40086.7, "trend": 5.078, "fair_value": 5.760769, "relative_strength": 21.02006, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.82989, "energy": 22.184864, "activity_lines": [ 5.668, 5.895636, 5.879762, 5.591269 ] }, { "date": "2026-07-31", "close": 5.72, "volume": 6140, "typical_volume": 31085.5, "trend": 5.158, "fair_value": 5.728205, "relative_strength": 22.996982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.993411, "energy": 21.811898, "activity_lines": [ 5.636, 5.837455, 5.87919, 5.632688 ] }, { "date": "2026-08-07", "close": 5.58, "volume": 34067, "typical_volume": 30371.4, "trend": 5.230333, "fair_value": 5.694744, "relative_strength": 16.328353, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.565073, "energy": 21.753871, "activity_lines": [ 5.586667, 5.76, 5.863952, 5.659914 ] } ], "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." } } }