{ "ticker": { "uuid": "76f00b03-db0c-498b-a35e-af21ceacae26", "symbol": "RNAC", "name": "Cartesian Therapeutics Inc.", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 31.547, "architecture_energy": 20.443, "architecture_maturity": 54.955, "architecture_confidence": 80.689, "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": 42.2, "rotation_up": 26.5, "upward_expansion": 56.13, "deceleration": 87.66, "rotation_down": 33.3, "downward_expansion": 19.8 }, "activity_lines": [ 8.338, 8.74, 8.306571, 7.922258 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 8.85, "trend_reference": 7.527667, "distance_from_trend": 0.175663, "trend_direction": "Improving", "fair_value": 16.296096, "distance_from_fair_value": -0.456925, "fair_value_direction": "Improving", "relative_strength": -3.891462, "relative_strength_direction": "Improving", "price_momentum": 0.363636, "excess_performance": 0.176183, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.175663, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060683, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.456925, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.074384, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.038915, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.143815, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.363636, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.434869, "read": "Demand-led" } ], "volume": { "latest": 712434, "relative_activity": 0.624137, "balance": 1.434869, "dry_up": 0.606297, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.20463, "annualized_volatility": 1.10892, "from_high_reference": -0.277551, "from_low_reference": 0.580357 }, "levels": { "trend_reference": 7.527667, "fair_value_reference": 16.296096, "structural_low": 5.6, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": -0.121997, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.120507, "regime_survival": 0.5, "best_return": 0.046667, "worst_return": -0.223368, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.468833, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.415367, "regime_survival": 0.0, "best_return": -0.3466, "worst_return": -0.591065, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.258522, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.214948, "regime_survival": 0.0, "best_return": -0.06, "worst_return": -0.457045, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.57732, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.290147, "regime_survival": 0.0, "best_return": -0.57732, "worst_return": -0.57732, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-31", "end": "2024-06-14", "tenure": "New", "return": -0.213998, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-07-05", "tenure": "New", "return": -0.255702, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-12", "end": "2024-07-26", "tenure": "New", "return": -0.014092, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": -0.071528, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2024-09-27", "tenure": "Developing", "return": 0.195499, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": -0.29323, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-03-14", "tenure": "Established", "return": -0.162692, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.094081, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-07-18", "tenure": "Established", "return": 0.184, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-09-12", "tenure": "Developing", "return": -0.273818, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-19", "end": "2026-05-01", "tenure": "Extended", "return": -0.341102, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-06-19", "tenure": "Developing", "return": 0.113295, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-07-31", "tenure": "Developing", "return": -0.171975, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 33.9, "volume": 4966363, "typical_volume": 4999478.4, "trend": 38.89, "fair_value": 73.426019, "relative_strength": -31.191372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.057679, "energy": 28.653478, "activity_lines": [ 33.3, 33.305455, 34.048571, 35.540645 ] }, { "date": "2023-08-25", "close": 34.2, "volume": 5219128, "typical_volume": 5152044.8, "trend": 38.25, "fair_value": 73.141404, "relative_strength": -30.721497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.929748, "energy": 20.00741, "activity_lines": [ 33.58, 33.414545, 34.012857, 35.238065 ] }, { "date": "2023-09-01", "close": 36.9, "volume": 3067308, "typical_volume": 5092177.2, "trend": 37.64, "fair_value": 72.958712, "relative_strength": -27.011093, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.241603, "energy": 10.164531, "activity_lines": [ 34.8, 34.036364, 34.258571, 35.150968 ] }, { "date": "2023-09-08", "close": 34.2, "volume": 2891967, "typical_volume": 5008788.2, "trend": 36.93, "fair_value": 72.718327, "relative_strength": -30.54195, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.6133, "energy": 13.750171, "activity_lines": [ 34.8, 34.14, 34.244286, 34.929032 ] }, { "date": "2023-09-15", "close": 34.2, "volume": 2876703, "typical_volume": 4781402.95, "trend": 36.32, "fair_value": 72.437558, "relative_strength": -29.180634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.474267, "energy": 10.758675, "activity_lines": [ 34.72, 34.232727, 34.225714, 34.752903 ] }, { "date": "2023-09-22", "close": 31.8, "volume": 2415280, "typical_volume": 4546846.0, "trend": 35.83, "fair_value": 72.176019, "relative_strength": -31.108133, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.43151, "energy": 20.512203, "activity_lines": [ 33.76, 33.861818, 33.985714, 34.46129 ] }, { "date": "2023-09-29", "close": 31.8, "volume": 2665120, "typical_volume": 4404633.0, "trend": 35.34, "fair_value": 72.058712, "relative_strength": -30.171689, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.247184, "energy": 33.907869, "activity_lines": [ 32.94, 33.496364, 33.748571, 34.20129 ] }, { "date": "2023-10-06", "close": 30.6, "volume": 2559385, "typical_volume": 4332654.65, "trend": 34.99, "fair_value": 71.866404, "relative_strength": -32.964067, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.333077, "energy": 51.447468, "activity_lines": [ 31.88, 32.967273, 33.411429, 33.895484 ] }, { "date": "2023-10-13", "close": 32.4, "volume": 2153825, "typical_volume": 4242812.05, "trend": 34.72, "fair_value": 71.59525, "relative_strength": -28.156151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.767086, "energy": 48.643141, "activity_lines": [ 31.84, 32.792727, 33.262857, 33.728387 ] }, { "date": "2023-10-20", "close": 33.0, "volume": 2610779, "typical_volume": 4041627.0, "trend": 34.41, "fair_value": 71.262558, "relative_strength": -23.681321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.068688, "energy": 38.093007, "activity_lines": [ 32.12, 32.738182, 33.167143, 33.617419 ] }, { "date": "2023-10-27", "close": 36.9, "volume": 2205390, "typical_volume": 3901620.75, "trend": 34.25, "fair_value": 70.929865, "relative_strength": -11.306697, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.181887, "energy": 5.243678, "activity_lines": [ 33.78, 33.392727, 33.468571, 33.778065 ] }, { "date": "2023-11-03", "close": 34.5, "volume": 1828292, "typical_volume": 3789496.55, "trend": 34.09, "fair_value": 70.568327, "relative_strength": -20.94936, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.274702, "energy": 9.440592, "activity_lines": [ 34.3, 33.556364, 33.554286, 33.794194 ] }, { "date": "2023-11-10", "close": 28.734, "volume": 2152045, "typical_volume": 2945774.8, "trend": 33.8378, "fair_value": 70.123673, "relative_strength": -35.119609, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.722741, "energy": 19.292051, "activity_lines": [ 32.718, 32.666182, 33.095143, 33.448645 ] }, { "date": "2023-11-17", "close": 32.1, "volume": 9453340, "typical_volume": 3189925.55, "trend": 33.7978, "fair_value": 69.710212, "relative_strength": -28.184924, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.478388, "energy": 16.622396, "activity_lines": [ 32.3824, 32.536473, 32.988314, 33.336529 ] }, { "date": "2023-11-24", "close": 39.9, "volume": 3089284, "typical_volume": 3214933.8, "trend": 33.9378, "fair_value": 69.308288, "relative_strength": -11.114925, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.115292, "energy": 17.190713, "activity_lines": [ 34.6668, 33.863127, 33.631486, 33.730219 ] }, { "date": "2023-12-01", "close": 29.7, "volume": 8243664, "typical_volume": 3471833.2, "trend": 33.8478, "fair_value": 68.881365, "relative_strength": -33.229045, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.521618, "energy": 21.478242, "activity_lines": [ 33.0912, 33.2316, 33.268943, 33.456813 ] }, { "date": "2023-12-08", "close": 21.9, "volume": 5808896, "typical_volume": 3629764.55, "trend": 33.4178, "fair_value": 68.402519, "relative_strength": -50.401365, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.767101, "energy": 49.656274, "activity_lines": [ 29.3956, 31.220073, 32.174971, 32.685987 ] }, { "date": "2023-12-15", "close": 22.437, "volume": 4693494, "typical_volume": 3763031.45, "trend": 33.0257, "fair_value": 67.969423, "relative_strength": -50.173157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.89732, "energy": 62.344023, "activity_lines": [ 26.719, 29.486182, 31.193571, 31.977548 ] }, { "date": "2023-12-22", "close": 21.429, "volume": 5068127, "typical_volume": 3858782.65, "trend": 32.69, "fair_value": 67.477942, "relative_strength": -52.380687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.958109, "energy": 73.407766, "activity_lines": [ 24.1262, 27.717436, 30.162186, 31.229374 ] }, { "date": "2023-12-29", "close": 20.682, "volume": 3045486, "typical_volume": 3850693.8, "trend": 32.0994, "fair_value": 67.027827, "relative_strength": -53.563395, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.763291, "energy": 75.99292, "activity_lines": [ 21.9958, 26.012345, 29.114757, 30.454665 ] }, { "date": "2024-01-05", "close": 18.702, "volume": 3539561, "typical_volume": 3779353.7, "trend": 31.4028, "fair_value": 66.507327, "relative_strength": -55.947973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.371426, "energy": 77.134536, "activity_lines": [ 20.4866, 24.171218, 27.937414, 29.590316 ] }, { "date": "2024-01-12", "close": 25.107, "volume": 4001837, "typical_volume": 3718489.15, "trend": 31.0597, "fair_value": 65.985577, "relative_strength": -41.443971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.597285, "energy": 58.679816, "activity_lines": [ 21.8456, 23.825509, 27.442443, 29.184135 ] }, { "date": "2024-01-19", "close": 22.89, "volume": 3570855, "typical_volume": 3743666.5, "trend": 30.6427, "fair_value": 65.470769, "relative_strength": -46.833636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.325053, "energy": 40.306678, "activity_lines": [ 22.2518, 23.247491, 26.779629, 28.657058 ] }, { "date": "2024-01-26", "close": 22.908, "volume": 1839450, "typical_volume": 3691040.65, "trend": 30.2863, "fair_value": 64.848385, "relative_strength": -45.823138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.41093, "energy": 33.819854, "activity_lines": [ 22.6338, 22.779, 26.185243, 28.158045 ] }, { "date": "2024-02-02", "close": 21.234, "volume": 1788558, "typical_volume": 3636633.4, "trend": 29.9041, "fair_value": 64.0095, "relative_strength": -49.095287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.86174, "energy": 27.827699, "activity_lines": [ 22.3592, 22.173273, 25.4852, 27.574026 ] }, { "date": "2024-02-09", "close": 20.4, "volume": 1832486, "typical_volume": 3607493.7, "trend": 29.5141, "fair_value": 63.257577, "relative_strength": -50.629347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.859461, "energy": 31.72421, "activity_lines": [ 21.7698, 21.755291, 24.767471, 26.960858 ] }, { "date": "2024-02-16", "close": 23.613, "volume": 3308781, "typical_volume": 3639676.75, "trend": 29.1412, "fair_value": 62.507019, "relative_strength": -40.533602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.541095, "energy": 27.870977, "activity_lines": [ 22.1382, 22.090582, 24.410029, 26.580142 ] }, { "date": "2024-02-23", "close": 21.9, "volume": 2367039, "typical_volume": 3630059.45, "trend": 28.8012, "fair_value": 61.835865, "relative_strength": -44.351928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.267622, "energy": 31.850273, "activity_lines": [ 22.0352, 22.083273, 23.928429, 26.112968 ] }, { "date": "2024-03-01", "close": 20.7, "volume": 2301906, "typical_volume": 3637463.5, "trend": 28.3912, "fair_value": 61.239712, "relative_strength": -47.206379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.04456, "energy": 36.567344, "activity_lines": [ 21.5982, 21.867545, 23.373971, 25.59031 ] }, { "date": "2024-03-08", "close": 19.2, "volume": 2504084, "typical_volume": 3632128.75, "trend": 27.9312, "fair_value": 60.541635, "relative_strength": -49.189971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.9605, "energy": 47.188961, "activity_lines": [ 20.8084, 21.392345, 22.732371, 24.997329 ] }, { "date": "2024-03-15", "close": 17.409, "volume": 6752276, "typical_volume": 3859473.05, "trend": 27.3815, "fair_value": 59.773423, "relative_strength": -52.394425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.851217, "energy": 58.921755, "activity_lines": [ 19.5572, 20.618455, 21.985914, 24.318477 ] }, { "date": "2024-03-22", "close": 21.426, "volume": 4976951, "typical_volume": 4016906.0, "trend": 26.9557, "fair_value": 59.106923, "relative_strength": -41.942696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.650266, "energy": 45.384893, "activity_lines": [ 19.8444, 20.598436, 21.714843, 23.934252 ] }, { "date": "2024-03-29", "close": 19.5, "volume": 1712392, "typical_volume": 3994923.35, "trend": 26.3757, "fair_value": 58.360769, "relative_strength": -45.783803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.988943, "energy": 38.5333, "activity_lines": [ 19.6354, 20.295164, 21.3226, 23.453239 ] }, { "date": "2024-04-05", "close": 13.31, "volume": 4524520, "typical_volume": 3748482.35, "trend": 25.679367, "fair_value": 57.642244, "relative_strength": -61.843514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.012048, "energy": 53.095481, "activity_lines": [ 17.523067, 18.928073, 20.384805, 22.61029 ] }, { "date": "2024-04-12", "close": 19.39, "volume": 997614, "typical_volume": 3643898.85, "trend": 25.1857, "fair_value": 57.022308, "relative_strength": -43.162082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.958872, "energy": 37.226847, "activity_lines": [ 17.930067, 18.840945, 20.115533, 22.204525 ] }, { "date": "2024-04-19", "close": 17.91, "volume": 411148, "typical_volume": 3252273.05, "trend": 24.7227, "fair_value": 56.398654, "relative_strength": -43.636955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.61301, "energy": 38.893046, "activity_lines": [ 17.831067, 18.518255, 19.802976, 21.735125 ] }, { "date": "2024-04-26", "close": 21.03, "volume": 599106, "typical_volume": 2991783.55, "trend": 24.3637, "fair_value": 55.956538, "relative_strength": -35.312343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.818879, "energy": 31.772405, "activity_lines": [ 18.738667, 18.808109, 19.843705, 21.496886 ] }, { "date": "2024-05-03", "close": 25.6, "volume": 587603, "typical_volume": 2786489.0, "trend": 24.197033, "fair_value": 55.522564, "relative_strength": -21.217087, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.43835, "energy": 11.79412, "activity_lines": [ 21.196, 19.975836, 20.323814, 21.576647 ] }, { "date": "2024-05-10", "close": 21.17, "volume": 290834, "typical_volume": 2547624.35, "trend": 23.8227, "fair_value": 55.085192, "relative_strength": -34.813788, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.178083, "energy": 17.600707, "activity_lines": [ 21.77, 20.270836, 20.366957, 21.381355 ] }, { "date": "2024-05-17", "close": 26.43, "volume": 370360, "typical_volume": 2413868.05, "trend": 23.6037, "fair_value": 54.641154, "relative_strength": -19.440996, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.539379, "energy": 19.779168, "activity_lines": [ 23.573333, 21.513655, 20.912286, 21.549568 ] }, { "date": "2024-05-24", "close": 24.57, "volume": 465584, "typical_volume": 2260169.2, "trend": 23.1927, "fair_value": 53.964038, "relative_strength": -25.384319, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.349858, "energy": 24.130867, "activity_lines": [ 24.287333, 22.286836, 21.2531, 21.61191 ] }, { "date": "2024-05-31", "close": 34.72, "volume": 445760, "typical_volume": 2082365.35, "trend": 23.200033, "fair_value": 53.32891, "relative_strength": 8.057295, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.681016, "energy": 58.921816, "activity_lines": [ 27.940667, 24.775273, 22.532638, 22.355606 ] }, { "date": "2024-06-07", "close": 36.58, "volume": 412472, "typical_volume": 1924446.2, "trend": 23.461567, "fair_value": 52.607628, "relative_strength": 11.842512, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.589507, "energy": 68.324236, "activity_lines": [ 31.301333, 27.360182, 23.943543, 23.21883 ] }, { "date": "2024-06-14", "close": 27.29, "volume": 502127, "typical_volume": 1857580.05, "trend": 23.301233, "fair_value": 51.878718, "relative_strength": -18.502214, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.50424, "energy": 64.925868, "activity_lines": [ 30.833333, 27.945455, 24.404495, 23.465826 ] }, { "date": "2024-06-21", "close": 22.8, "volume": 477383, "typical_volume": 1792021.3, "trend": 22.731233, "fair_value": 51.13641, "relative_strength": -31.0903, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.678314, "energy": 47.569107, "activity_lines": [ 28.460667, 27.460182, 24.416962, 23.433488 ] }, { "date": "2024-06-28", "close": 27.01, "volume": 977441, "typical_volume": 1749269.05, "trend": 22.641567, "fair_value": 50.490321, "relative_strength": -17.505861, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.818547, "energy": 29.291854, "activity_lines": [ 27.733333, 27.678364, 24.822924, 23.709538 ] }, { "date": "2024-07-05", "close": 16.97, "volume": 2242086, "typical_volume": 1695934.3, "trend": 22.477233, "fair_value": 49.831795, "relative_strength": -49.154226, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 7.149814, "energy": 14.106788, "activity_lines": [ 23.496667, 25.905636, 24.241219, 23.34363 ] }, { "date": "2024-07-12", "close": 17.74, "volume": 1455275, "typical_volume": 1650346.1, "trend": 22.320667, "fair_value": 49.247436, "relative_strength": -45.939505, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.232353, "energy": 22.690881, "activity_lines": [ 20.7, 24.346727, 23.764481, 23.038002 ] }, { "date": "2024-07-19", "close": 16.16, "volume": 708541, "typical_volume": 1570677.85, "trend": 22.145033, "fair_value": 48.685641, "relative_strength": -47.828604, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.221677, "energy": 29.968803, "activity_lines": [ 18.632667, 22.643455, 23.157076, 22.64054 ] }, { "date": "2024-07-26", "close": 17.49, "volume": 447255, "typical_volume": 1467836.4, "trend": 22.038633, "fair_value": 48.132372, "relative_strength": -41.231893, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.065265, "energy": 37.342755, "activity_lines": [ 17.750667, 21.273091, 22.697957, 22.340215 ] }, { "date": "2024-08-02", "close": 14.4, "volume": 478594, "typical_volume": 1154152.3, "trend": 21.895233, "fair_value": 47.480449, "relative_strength": -49.211929, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.143694, "energy": 53.918236, "activity_lines": [ 16.192667, 19.503455, 21.952695, 21.8474 ] }, { "date": "2024-08-09", "close": 13.37, "volume": 409536, "typical_volume": 925781.55, "trend": 21.504, "fair_value": 46.735385, "relative_strength": -52.129064, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.74328, "energy": 63.662849, "activity_lines": [ 15.132, 17.731455, 21.123667, 21.297385 ] }, { "date": "2024-08-16", "close": 14.22, "volume": 461142, "typical_volume": 863219.05, "trend": 21.215, "fair_value": 46.068846, "relative_strength": -50.725409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.951937, "energy": 60.337122, "activity_lines": [ 14.594667, 16.502182, 20.413952, 20.827449 ] }, { "date": "2024-08-23", "close": 13.75, "volume": 638765, "typical_volume": 668931.3, "trend": 20.909733, "fair_value": 45.38391, "relative_strength": -51.841951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.422452, "energy": 59.940778, "activity_lines": [ 14.135333, 15.594, 19.684619, 20.345837 ] }, { "date": "2024-08-30", "close": 13.96, "volume": 244987, "typical_volume": 631299.95, "trend": 20.667267, "fair_value": 44.611859, "relative_strength": -49.597736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.677015, "energy": 57.888796, "activity_lines": [ 13.906667, 14.970182, 18.97319, 19.897467 ] }, { "date": "2024-09-06", "close": 12.98, "volume": 269149, "typical_volume": 624200.0, "trend": 20.419933, "fair_value": 43.846987, "relative_strength": -49.188459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.79276, "energy": 58.994984, "activity_lines": [ 13.586667, 14.328909, 18.194286, 19.401514 ] }, { "date": "2024-09-13", "close": 16.75, "volume": 371738, "typical_volume": 612831.6, "trend": 20.191167, "fair_value": 43.09859, "relative_strength": -36.877854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.978569, "energy": 43.472116, "activity_lines": [ 14.618, 14.628182, 17.797905, 19.164744 ] }, { "date": "2024-09-20", "close": 16.03, "volume": 451809, "typical_volume": 606041.9, "trend": 19.9955, "fair_value": 42.370577, "relative_strength": -39.307161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.184283, "energy": 32.372547, "activity_lines": [ 15.184, 14.800545, 17.353333, 18.896282 ] }, { "date": "2024-09-27", "close": 17.0, "volume": 364394, "typical_volume": 609719.9, "trend": 19.872167, "fair_value": 41.675705, "relative_strength": -35.053446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.107935, "energy": 24.553862, "activity_lines": [ 15.952667, 15.180364, 17.046714, 18.703024 ] }, { "date": "2024-10-04", "close": 24.52, "volume": 1222461, "typical_volume": 652324.95, "trend": 20.0495, "fair_value": 41.009808, "relative_strength": -5.276473, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 4.474688, "energy": 21.245955, "activity_lines": [ 19.011333, 16.912182, 17.476143, 19.002884 ] }, { "date": "2024-10-11", "close": 22.16, "volume": 600210, "typical_volume": 659056.25, "trend": 20.207867, "fair_value": 40.330705, "relative_strength": -14.060363, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.01821, "energy": 33.290045, "activity_lines": [ 20.579333, 18.087091, 17.689905, 19.139045 ] }, { "date": "2024-10-18", "close": 22.87, "volume": 327935, "typical_volume": 653165.0, "trend": 20.256, "fair_value": 39.717692, "relative_strength": -9.933566, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.591261, "energy": 45.870247, "activity_lines": [ 21.772, 19.25, 17.982762, 19.310796 ] }, { "date": "2024-10-25", "close": 20.58, "volume": 335639, "typical_volume": 649323.35, "trend": 20.292, "fair_value": 39.159231, "relative_strength": -17.039311, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.086891, "energy": 43.369536, "activity_lines": [ 21.793333, 19.823818, 18.113952, 19.331699 ] }, { "date": "2024-11-01", "close": 19.68, "volume": 385432, "typical_volume": 643488.6, "trend": 20.504333, "fair_value": 38.527692, "relative_strength": -17.673248, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.979976, "energy": 37.093531, "activity_lines": [ 21.211333, 20.118364, 18.235619, 19.292215 ] }, { "date": "2024-11-08", "close": 20.76, "volume": 446170, "typical_volume": 641927.95, "trend": 20.55, "fair_value": 37.960769, "relative_strength": -16.485437, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.817651, "energy": 19.217959, "activity_lines": [ 20.810667, 20.501455, 18.496381, 19.30871 ] }, { "date": "2024-11-15", "close": 17.33, "volume": 982877, "typical_volume": 642199.75, "trend": 20.530667, "fair_value": 37.454551, "relative_strength": -26.387615, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -28.98997, "energy": 16.546159, "activity_lines": [ 19.517333, 20.137273, 18.44019, 19.100968 ] }, { "date": "2024-11-22", "close": 18.87, "volume": 615444, "typical_volume": 560867.65, "trend": 20.458667, "fair_value": 37.017821, "relative_strength": -19.148356, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.893343, "energy": 17.272589, "activity_lines": [ 19.059333, 19.974, 18.576762, 18.993828 ] }, { "date": "2024-11-29", "close": 18.83, "volume": 284564, "typical_volume": 502332.1, "trend": 20.233, "fair_value": 36.582756, "relative_strength": -18.596511, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.402226, "energy": 17.68482, "activity_lines": [ 18.854667, 19.764909, 18.700476, 18.888753 ] }, { "date": "2024-12-06", "close": 25.14, "volume": 846867, "typical_volume": 509248.4, "trend": 20.365333, "fair_value": 36.165064, "relative_strength": 5.605681, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.667246, "energy": 17.734283, "activity_lines": [ 20.87, 20.652182, 19.419952, 19.205333 ] }, { "date": "2024-12-13", "close": 18.685, "volume": 625691, "typical_volume": 518170.2, "trend": 20.107167, "fair_value": 35.688686, "relative_strength": -21.423519, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.900327, "energy": 9.48401, "activity_lines": [ 20.369667, 20.217818, 19.481905, 19.096925 ] }, { "date": "2024-12-20", "close": 19.02, "volume": 1418397, "typical_volume": 565160.35, "trend": 19.922167, "fair_value": 35.124071, "relative_strength": -17.616666, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.66519, "energy": 9.06506, "activity_lines": [ 20.119333, 19.950455, 19.570071, 19.026785 ] }, { "date": "2024-12-27", "close": 19.79, "volume": 212760, "typical_volume": 555321.55, "trend": 19.4245, "fair_value": 34.624006, "relative_strength": -14.580375, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.821512, "energy": 9.971132, "activity_lines": [ 20.013, 19.880182, 19.709571, 19.018258 ] }, { "date": "2025-01-03", "close": 16.85, "volume": 410336, "typical_volume": 552781.25, "trend": 18.766833, "fair_value": 34.172404, "relative_strength": -26.23458, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.701415, "energy": 8.071508, "activity_lines": [ 18.865333, 19.331364, 19.5385, 18.852161 ] }, { "date": "2025-01-10", "close": 16.84, "volume": 558030, "typical_volume": 548744.5, "trend": 18.4185, "fair_value": 33.74766, "relative_strength": -23.674323, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.24164, "energy": 22.236331, "activity_lines": [ 17.846333, 18.848545, 19.353952, 18.727849 ] }, { "date": "2025-01-17", "close": 19.29, "volume": 345800, "typical_volume": 553785.15, "trend": 18.3015, "fair_value": 33.411699, "relative_strength": -14.337966, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.91952, "energy": 15.813559, "activity_lines": [ 18.197333, 18.862818, 19.388024, 18.784075 ] }, { "date": "2025-01-24", "close": 19.2, "volume": 275941, "typical_volume": 554124.75, "trend": 18.041167, "fair_value": 33.080929, "relative_strength": -15.324121, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.204795, "energy": 11.929398, "activity_lines": [ 18.478, 18.887455, 19.388143, 18.842043 ] }, { "date": "2025-01-31", "close": 19.31, "volume": 379832, "typical_volume": 554529.45, "trend": 18.119167, "fair_value": 32.770096, "relative_strength": -13.142129, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.204291, "energy": 7.317931, "activity_lines": [ 18.783333, 18.898091, 19.369119, 18.923903 ] }, { "date": "2025-02-07", "close": 18.36, "volume": 314431, "typical_volume": 547660.55, "trend": 18.139833, "fair_value": 32.474327, "relative_strength": -17.071094, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.805382, "energy": 10.216509, "activity_lines": [ 18.804, 18.728, 19.247429, 18.939441 ] }, { "date": "2025-02-14", "close": 19.67, "volume": 225491, "typical_volume": 540715.4, "trend": 18.256833, "fair_value": 32.221571, "relative_strength": -12.932261, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.061204, "energy": 13.633834, "activity_lines": [ 19.160667, 18.804636, 19.239405, 19.038161 ] }, { "date": "2025-02-21", "close": 19.24, "volume": 196996, "typical_volume": 489442.15, "trend": 18.315167, "fair_value": 31.977596, "relative_strength": -12.324828, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.10305, "energy": 12.86344, "activity_lines": [ 19.185333, 18.902545, 19.177714, 19.101591 ] }, { "date": "2025-02-28", "close": 18.84, "volume": 443548, "typical_volume": 481609.05, "trend": 18.463167, "fair_value": 31.78875, "relative_strength": -10.724453, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.989323, "energy": 7.214994, "activity_lines": [ 19.08, 18.917636, 19.103071, 19.135452 ] }, { "date": "2025-03-07", "close": 18.4, "volume": 398178, "typical_volume": 485121.2, "trend": 18.630833, "fair_value": 31.589391, "relative_strength": -9.630088, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.131013, "energy": 2.061612, "activity_lines": [ 18.852, 18.856, 19.002333, 19.131376 ] }, { "date": "2025-03-14", "close": 15.8, "volume": 508710, "typical_volume": 493774.75, "trend": 18.6835, "fair_value": 31.382981, "relative_strength": -20.16224, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.432532, "energy": 40.704836, "activity_lines": [ 17.818, 18.346909, 18.675262, 18.948742 ] }, { "date": "2025-03-21", "close": 16.05, "volume": 781776, "typical_volume": 513591.95, "trend": 18.760167, "fair_value": 31.220481, "relative_strength": -18.53445, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.858564, "energy": 51.607374, "activity_lines": [ 17.038, 17.902364, 18.394762, 18.778839 ] }, { "date": "2025-03-28", "close": 14.54, "volume": 278585, "typical_volume": 505212.7, "trend": 18.7795, "fair_value": 31.061763, "relative_strength": -23.966613, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.081693, "energy": 73.865814, "activity_lines": [ 15.996, 17.197636, 17.987738, 18.50657 ] }, { "date": "2025-04-04", "close": 10.0, "volume": 699801, "typical_volume": 491058.9, "trend": 18.680167, "fair_value": 30.897019, "relative_strength": -41.797877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.279468, "energy": 90.671062, "activity_lines": [ 13.754, 15.753818, 17.177952, 17.940151 ] }, { "date": "2025-04-11", "close": 10.67, "volume": 993158, "typical_volume": 509944.6, "trend": 18.4775, "fair_value": 30.76734, "relative_strength": -41.65433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.457958, "energy": 90.79325, "activity_lines": [ 12.324667, 14.599091, 16.466881, 17.423366 ] }, { "date": "2025-04-18", "close": 10.5, "volume": 450649, "typical_volume": 518248.85, "trend": 18.293167, "fair_value": 30.675359, "relative_strength": -40.690794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.546844, "energy": 90.902146, "activity_lines": [ 11.354, 13.570545, 15.778667, 16.908688 ] }, { "date": "2025-04-25", "close": 11.83, "volume": 348152, "typical_volume": 493313.1, "trend": 18.120833, "fair_value": 30.603827, "relative_strength": -36.465338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.451426, "energy": 85.870559, "activity_lines": [ 11.18, 12.926727, 15.256786, 16.49171 ] }, { "date": "2025-05-02", "close": 12.7, "volume": 277645, "typical_volume": 475910.8, "trend": 17.726833, "fair_value": 30.519795, "relative_strength": -32.978274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.433022, "energy": 62.349003, "activity_lines": [ 11.577333, 12.583636, 14.881143, 16.141978 ] }, { "date": "2025-05-09", "close": 9.9, "volume": 516404, "typical_volume": 430811.15, "trend": 17.318167, "fair_value": 30.442949, "relative_strength": -46.928272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.632674, "energy": 59.801025, "activity_lines": [ 11.164, 11.850364, 14.267333, 15.637022 ] }, { "date": "2025-05-16", "close": 10.26, "volume": 355839, "typical_volume": 437965.1, "trend": 16.897833, "fair_value": 30.355679, "relative_strength": -47.500805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.089903, "energy": 55.088305, "activity_lines": [ 10.877333, 11.345091, 13.731238, 15.181656 ] }, { "date": "2025-05-23", "close": 9.16, "volume": 267195, "typical_volume": 430808.05, "trend": 16.517167, "fair_value": 30.266821, "relative_strength": -51.096825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.427577, "energy": 57.414911, "activity_lines": [ 10.251333, 10.787818, 13.135762, 14.682441 ] }, { "date": "2025-05-30", "close": 9.56, "volume": 322567, "typical_volume": 419034.9, "trend": 16.179833, "fair_value": 30.158391, "relative_strength": -48.33572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.953937, "energy": 56.671442, "activity_lines": [ 9.848, 10.424, 12.615, 14.233591 ] }, { "date": "2025-06-06", "close": 11.035, "volume": 418918, "typical_volume": 422690.8, "trend": 15.855667, "fair_value": 30.009897, "relative_strength": -39.67151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.182805, "energy": 49.872624, "activity_lines": [ 10.087667, 10.446364, 12.269381, 13.901667 ] }, { "date": "2025-06-13", "close": 10.42, "volume": 247549, "typical_volume": 421271.2, "trend": 15.625333, "fair_value": 29.838231, "relative_strength": -41.490599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.739977, "energy": 46.288214, "activity_lines": [ 10.233333, 10.420636, 11.9045, 13.550978 ] }, { "date": "2025-06-20", "close": 9.76, "volume": 206113, "typical_volume": 412585.25, "trend": 15.321667, "fair_value": 29.645026, "relative_strength": -44.255396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.268106, "energy": 44.800882, "activity_lines": [ 10.124333, 10.267273, 11.518571, 13.17257 ] }, { "date": "2025-06-27", "close": 10.68, "volume": 541282, "typical_volume": 423927.8, "trend": 15.05, "fair_value": 29.457718, "relative_strength": -40.144863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.079612, "energy": 33.028732, "activity_lines": [ 10.355333, 10.297727, 11.265738, 12.873108 ] }, { "date": "2025-07-04", "close": 11.21, "volume": 205637, "typical_volume": 422935.1, "trend": 14.585667, "fair_value": 29.225731, "relative_strength": -37.567659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.664255, "energy": 31.529614, "activity_lines": [ 10.661667, 10.421273, 11.099952, 12.625366 ] }, { "date": "2025-07-11", "close": 13.32, "volume": 570302, "typical_volume": 441600.4, "trend": 14.406833, "fair_value": 28.982269, "relative_strength": -25.009113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.230722, "energy": 15.058359, "activity_lines": [ 11.561333, 10.939727, 11.175405, 12.54371 ] }, { "date": "2025-07-18", "close": 11.84, "volume": 298804, "typical_volume": 434363.2, "trend": 14.1675, "fair_value": 28.740859, "relative_strength": -33.658529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.798538, "energy": 16.533929, "activity_lines": [ 11.815333, 11.177818, 11.138095, 12.378108 ] }, { "date": "2025-07-25", "close": 13.33, "volume": 298494, "typical_volume": 429379.0, "trend": 13.952167, "fair_value": 28.520538, "relative_strength": -25.331039, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.257977, "energy": 15.392966, "activity_lines": [ 12.471333, 11.651545, 11.276024, 12.324075 ] }, { "date": "2025-08-01", "close": 12.33, "volume": 343040, "typical_volume": 421095.5, "trend": 13.8015, "fair_value": 28.145731, "relative_strength": -28.941301, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.489858, "energy": 18.074192, "activity_lines": [ 12.556, 11.887636, 11.342857, 12.219419 ] }, { "date": "2025-08-08", "close": 10.53, "volume": 231508, "typical_volume": 393582.1, "trend": 13.591167, "fair_value": 27.740154, "relative_strength": -41.081308, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.029938, "energy": 13.647614, "activity_lines": [ 11.930667, 11.738818, 11.254786, 12.008355 ] }, { "date": "2025-08-15", "close": 11.33, "volume": 210388, "typical_volume": 390172.25, "trend": 13.325833, "fair_value": 27.383936, "relative_strength": -36.500091, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.841049, "energy": 11.4158, "activity_lines": [ 11.617333, 11.717818, 11.26919, 11.862473 ] }, { "date": "2025-08-22", "close": 11.23, "volume": 319176, "typical_volume": 371141.0, "trend": 13.060167, "fair_value": 27.073231, "relative_strength": -36.104972, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.635774, "energy": 18.934265, "activity_lines": [ 11.403333, 11.673273, 11.289357, 11.727258 ] }, { "date": "2025-08-29", "close": 10.05, "volume": 207801, "typical_volume": 331873.15, "trend": 12.7515, "fair_value": 26.785731, "relative_strength": -42.232794, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.189034, "energy": 29.959461, "activity_lines": [ 10.836667, 11.399455, 11.191286, 11.533054 ] }, { "date": "2025-09-05", "close": 10.64, "volume": 191501, "typical_volume": 318915.75, "trend": 12.494167, "fair_value": 26.498167, "relative_strength": -39.034171, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.252599, "energy": 26.539739, "activity_lines": [ 10.685333, 11.227636, 11.152357, 11.396828 ] }, { "date": "2025-09-12", "close": 9.68, "volume": 251084, "typical_volume": 314062.35, "trend": 12.161167, "fair_value": 26.206372, "relative_strength": -44.874472, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.733411, "energy": 43.732484, "activity_lines": [ 10.326667, 10.882, 11.021333, 11.215269 ] }, { "date": "2025-09-19", "close": 9.44, "volume": 519432, "typical_volume": 326151.7, "trend": 11.8345, "fair_value": 25.978423, "relative_strength": -46.775489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.46147, "energy": 52.30743, "activity_lines": [ 9.944667, 10.520545, 10.87769, 11.03971 ] }, { "date": "2025-09-26", "close": 9.26, "volume": 309547, "typical_volume": 315808.85, "trend": 11.515167, "fair_value": 25.722397, "relative_strength": -46.879771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.899892, "energy": 53.366907, "activity_lines": [ 9.628667, 10.196909, 10.732429, 10.873613 ] }, { "date": "2025-10-03", "close": 10.19, "volume": 481563, "typical_volume": 322095.05, "trend": 11.2415, "fair_value": 25.47041, "relative_strength": -40.935244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.683578, "energy": 44.536987, "activity_lines": [ 9.754, 10.089273, 10.678786, 10.788118 ] }, { "date": "2025-10-10", "close": 9.32, "volume": 442301, "typical_volume": 330850.35, "trend": 11.0255, "fair_value": 25.235923, "relative_strength": -43.611841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.339321, "energy": 49.253379, "activity_lines": [ 9.58, 9.880545, 10.542619, 10.664151 ] }, { "date": "2025-10-17", "close": 9.01, "volume": 393607, "typical_volume": 334402.35, "trend": 10.790833, "fair_value": 24.991756, "relative_strength": -45.61188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.456453, "energy": 48.315482, "activity_lines": [ 9.390667, 9.670182, 10.376167, 10.534118 ] }, { "date": "2025-10-24", "close": 9.16, "volume": 464887, "typical_volume": 336700.8, "trend": 10.6115, "fair_value": 24.723551, "relative_strength": -44.845293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.105538, "energy": 41.796704, "activity_lines": [ 9.296, 9.514727, 10.226619, 10.428903 ] }, { "date": "2025-10-31", "close": 8.17, "volume": 1550417, "typical_volume": 401844.2, "trend": 10.5505, "fair_value": 24.460538, "relative_strength": -50.77142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.998453, "energy": 62.63527, "activity_lines": [ 8.89, 9.218727, 9.991714, 10.271387 ] }, { "date": "2025-11-07", "close": 7.87, "volume": 722693, "typical_volume": 427673.2, "trend": 10.457167, "fair_value": 24.214833, "relative_strength": -50.068036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.711288, "energy": 67.273984, "activity_lines": [ 8.456667, 8.923818, 9.738952, 10.098452 ] }, { "date": "2025-11-14", "close": 7.46, "volume": 397553, "typical_volume": 420486.75, "trend": 10.355833, "fair_value": 23.993423, "relative_strength": -51.781846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.384352, "energy": 75.118231, "activity_lines": [ 8.041333, 8.594, 9.456143, 9.905086 ] }, { "date": "2025-11-21", "close": 7.24, "volume": 552290, "typical_volume": 437819.4, "trend": 10.202833, "fair_value": 23.801372, "relative_strength": -50.773458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.501461, "energy": 79.26895, "activity_lines": [ 7.676667, 8.282, 9.167714, 9.704065 ] }, { "date": "2025-11-28", "close": 7.49, "volume": 449071, "typical_volume": 431757.85, "trend": 10.029167, "fair_value": 23.593615, "relative_strength": -50.517317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.810164, "energy": 75.97975, "activity_lines": [ 7.513333, 8.059818, 8.922, 9.529043 ] }, { "date": "2025-12-05", "close": 6.88, "volume": 1266629, "typical_volume": 480149.1, "trend": 9.9285, "fair_value": 23.399256, "relative_strength": -53.650575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.813816, "energy": 77.07489, "activity_lines": [ 7.258, 7.762182, 8.645952, 9.325871 ] }, { "date": "2025-12-12", "close": 8.52, "volume": 1558401, "typical_volume": 543144.45, "trend": 9.8705, "fair_value": 23.221179, "relative_strength": -40.454283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.279066, "energy": 47.077214, "activity_lines": [ 7.635333, 7.806, 8.549714, 9.235 ] }, { "date": "2025-12-19", "close": 7.22, "volume": 1179069, "typical_volume": 584945.9, "trend": 9.805833, "fair_value": 23.078981, "relative_strength": -48.75684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.202271, "energy": 44.7707, "activity_lines": [ 7.536, 7.643818, 8.352571, 9.064 ] }, { "date": "2025-12-26", "close": 6.68, "volume": 596969, "typical_volume": 603218.95, "trend": 9.709833, "fair_value": 22.904494, "relative_strength": -52.066407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.487679, "energy": 47.736452, "activity_lines": [ 7.272667, 7.421636, 8.128333, 8.862333 ] }, { "date": "2026-01-02", "close": 6.76, "volume": 1243824, "typical_volume": 654890.75, "trend": 9.567333, "fair_value": 22.711288, "relative_strength": -49.703659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.450589, "energy": 45.306452, "activity_lines": [ 7.073333, 7.256364, 7.930048, 8.672022 ] }, { "date": "2026-01-09", "close": 8.2, "volume": 900760, "typical_volume": 683969.95, "trend": 9.493333, "fair_value": 22.438853, "relative_strength": -39.225491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.863331, "energy": 34.890713, "activity_lines": [ 7.402667, 7.396545, 7.890667, 8.583806 ] }, { "date": "2026-01-16", "close": 7.42, "volume": 606785, "typical_volume": 703919.15, "trend": 9.415333, "fair_value": 22.157571, "relative_strength": -43.251356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.844277, "energy": 34.399679, "activity_lines": [ 7.384, 7.394364, 7.791429, 8.450043 ] }, { "date": "2026-01-23", "close": 7.64, "volume": 353665, "typical_volume": 712027.35, "trend": 9.314, "fair_value": 21.864237, "relative_strength": -40.389563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.178279, "energy": 24.398021, "activity_lines": [ 7.512, 7.440364, 7.725667, 8.335505 ] }, { "date": "2026-01-30", "close": 6.83, "volume": 372696, "typical_volume": 718107.95, "trend": 9.168, "fair_value": 21.554173, "relative_strength": -45.298888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.607769, "energy": 26.499563, "activity_lines": [ 7.342, 7.335818, 7.597048, 8.175247 ] }, { "date": "2026-02-06", "close": 6.49, "volume": 594451, "typical_volume": 721858.9, "trend": 8.940333, "fair_value": 21.240006, "relative_strength": -45.69849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.085998, "energy": 40.613041, "activity_lines": [ 7.048667, 7.176909, 7.449619, 8.002473 ] }, { "date": "2026-02-13", "close": 6.52, "volume": 414582, "typical_volume": 727110.65, "trend": 8.763, "fair_value": 20.945263, "relative_strength": -43.306385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.16457, "energy": 49.44749, "activity_lines": [ 6.783333, 7.041636, 7.319095, 7.846323 ] }, { "date": "2026-02-20", "close": 6.93, "volume": 383699, "typical_volume": 722217.45, "trend": 8.549667, "fair_value": 20.691609, "relative_strength": -38.861888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.29677, "energy": 47.649831, "activity_lines": [ 6.766667, 6.987455, 7.240667, 7.728065 ] }, { "date": "2026-02-27", "close": 7.59, "volume": 1061234, "typical_volume": 753164.1, "trend": 8.391667, "fair_value": 20.442186, "relative_strength": -31.109634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.116265, "energy": 31.317922, "activity_lines": [ 7.002667, 7.082182, 7.240619, 7.666151 ] }, { "date": "2026-03-06", "close": 6.85, "volume": 699268, "typical_volume": 768447.15, "trend": 8.269, "fair_value": 20.222635, "relative_strength": -35.247591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.883239, "energy": 27.765995, "activity_lines": [ 6.995333, 7.035636, 7.178333, 7.566688 ] }, { "date": "2026-03-13", "close": 7.39, "volume": 3763584, "typical_volume": 933382.0, "trend": 8.137667, "fair_value": 20.010391, "relative_strength": -27.807545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.197948, "energy": 15.219689, "activity_lines": [ 7.166667, 7.084182, 7.177762, 7.509978 ] }, { "date": "2026-03-20", "close": 6.51, "volume": 591103, "typical_volume": 885416.3, "trend": 7.980333, "fair_value": 19.780968, "relative_strength": -33.470848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.35131, "energy": 20.326389, "activity_lines": [ 6.984667, 6.961273, 7.10181, 7.404968 ] }, { "date": "2026-03-27", "close": 5.85, "volume": 899987, "typical_volume": 894281.0, "trend": 7.840333, "fair_value": 19.55116, "relative_strength": -36.722047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.06026, "energy": 35.011079, "activity_lines": [ 6.583333, 6.749091, 6.970905, 7.267527 ] }, { "date": "2026-04-03", "close": 6.26, "volume": 473410, "typical_volume": 898073.85, "trend": 7.694333, "fair_value": 19.339365, "relative_strength": -33.868428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.199879, "energy": 40.517703, "activity_lines": [ 6.390667, 6.64, 6.888667, 7.16557 ] }, { "date": "2026-04-10", "close": 5.98, "volume": 722933, "typical_volume": 906606.0, "trend": 7.571, "fair_value": 19.145006, "relative_strength": -38.514653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.229748, "energy": 55.137361, "activity_lines": [ 6.193333, 6.505091, 6.785476, 7.054968 ] }, { "date": "2026-04-17", "close": 7.04, "volume": 1393203, "typical_volume": 953812.6, "trend": 7.491, "fair_value": 18.976673, "relative_strength": -30.750626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.158332, "energy": 38.188802, "activity_lines": [ 6.407333, 6.578364, 6.789238, 7.02071 ] }, { "date": "2026-04-24", "close": 6.75, "volume": 594794, "typical_volume": 920220.85, "trend": 7.407333, "fair_value": 18.791096, "relative_strength": -33.818429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.414696, "energy": 23.624417, "activity_lines": [ 6.548, 6.588909, 6.767524, 6.972903 ] }, { "date": "2026-05-01", "close": 6.22, "volume": 825406, "typical_volume": 883571.1, "trend": 7.275, "fair_value": 18.623276, "relative_strength": -38.649957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.078246, "energy": 23.783938, "activity_lines": [ 6.496, 6.498909, 6.695952, 6.896301 ] }, { "date": "2026-05-08", "close": 8.65, "volume": 1158630, "typical_volume": 882549.15, "trend": 7.252667, "fair_value": 18.455647, "relative_strength": -18.273005, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.22507, "energy": 10.853377, "activity_lines": [ 7.229333, 6.863636, 6.866762, 6.985011 ] }, { "date": "2026-05-15", "close": 7.38, "volume": 709818, "typical_volume": 888191.6, "trend": 7.198333, "fair_value": 18.283724, "relative_strength": -29.191702, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.369827, "energy": 12.518632, "activity_lines": [ 7.38, 6.978182, 6.90981, 6.993226 ] }, { "date": "2026-05-22", "close": 6.75, "volume": 758365, "typical_volume": 863918.65, "trend": 7.118, "fair_value": 18.125071, "relative_strength": -35.281422, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.587077, "energy": 8.6993, "activity_lines": [ 7.227333, 6.968545, 6.889524, 6.964301 ] }, { "date": "2026-05-29", "close": 7.54, "volume": 932665, "typical_volume": 865513.9, "trend": 7.097, "fair_value": 17.92725, "relative_strength": -28.963287, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.485136, "energy": 15.049067, "activity_lines": [ 7.357333, 7.114182, 6.944524, 6.991527 ] }, { "date": "2026-06-05", "close": 5.84, "volume": 832596, "typical_volume": 876804.45, "trend": 7.029333, "fair_value": 17.71084, "relative_strength": -41.395654, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.702483, "energy": 17.80418, "activity_lines": [ 6.868, 6.932, 6.840762, 6.91043 ] }, { "date": "2026-06-12", "close": 9.51, "volume": 5570369, "typical_volume": 1137639.65, "trend": 7.097667, "fair_value": 17.544878, "relative_strength": -5.867671, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.5383, "energy": 22.468658, "activity_lines": [ 7.627333, 7.417273, 7.094048, 7.070473 ] }, { "date": "2026-06-19", "close": 9.63, "volume": 1588073, "typical_volume": 1198408.5, "trend": 7.177333, "fair_value": 17.379686, "relative_strength": -6.442958, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.63835, "energy": 56.943965, "activity_lines": [ 8.369333, 7.865273, 7.349857, 7.233849 ] }, { "date": "2026-06-26", "close": 9.42, "volume": 1843124, "typical_volume": 1260842.15, "trend": 7.241667, "fair_value": 17.224686, "relative_strength": -3.340115, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.255183, "energy": 61.107097, "activity_lines": [ 8.891333, 8.208727, 7.572333, 7.378538 ] }, { "date": "2026-07-03", "close": 10.59, "volume": 1073761, "typical_volume": 1293801.1, "trend": 7.365333, "fair_value": 17.082955, "relative_strength": 8.550511, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.044077, "energy": 75.326264, "activity_lines": [ 9.625333, 8.721636, 7.892286, 7.594559 ] }, { "date": "2026-07-10", "close": 9.46, "volume": 684012, "typical_volume": 1308816.75, "trend": 7.396667, "fair_value": 16.937827, "relative_strength": -3.251446, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.213656, "energy": 66.569127, "activity_lines": [ 9.779333, 8.959273, 8.085238, 7.729699 ] }, { "date": "2026-07-17", "close": 8.26, "volume": 826293, "typical_volume": 1297069.7, "trend": 7.431333, "fair_value": 16.767699, "relative_strength": -10.672797, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.496149, "energy": 44.159906, "activity_lines": [ 9.292, 8.919818, 8.151857, 7.785398 ] }, { "date": "2026-07-24", "close": 7.88, "volume": 636493, "typical_volume": 1293930.95, "trend": 7.471333, "fair_value": 16.612442, "relative_strength": -11.856774, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.885507, "energy": 25.080103, "activity_lines": [ 8.761333, 8.818364, 8.179095, 7.814344 ] }, { "date": "2026-07-31", "close": 7.8, "volume": 593063, "typical_volume": 1135404.9, "trend": 7.506, "fair_value": 16.450904, "relative_strength": -11.799717, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.962588, "energy": 18.159068, "activity_lines": [ 8.320667, 8.693273, 8.19381, 7.835548 ] }, { "date": "2026-08-07", "close": 8.85, "volume": 712434, "typical_volume": 1141471.45, "trend": 7.527667, "fair_value": 16.296096, "relative_strength": -3.891462, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.547305, "energy": 20.443354, "activity_lines": [ 8.338, 8.74, 8.306571, 7.922258 ] } ], "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." } } }