{ "ticker": { "uuid": "771851ff-796a-4918-88f3-91efccc184c4", "symbol": "TPIS3", "name": "Triunfo Participa\u00e7\u00f5es e Investimentos S.A.", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 63.992, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": -14.983, "architecture_energy": 39.964, "architecture_maturity": 34.627, "architecture_confidence": 62.32, "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": 43.68, "rotation_up": 14.05, "upward_expansion": 47.52, "deceleration": 71.54, "rotation_down": 52.5, "downward_expansion": 41.52 }, "activity_lines": [ 8.514, 9.221636, 9.615429, 9.222323 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 8.05, "trend_reference": 8.432333, "distance_from_trend": -0.045341, "trend_direction": "Improving", "fair_value": 4.753304, "distance_from_fair_value": 0.693559, "fair_value_direction": "Weakening", "relative_strength": 22.621946, "relative_strength_direction": "Weakening", "price_momentum": 0.341667, "excess_performance": 0.398715, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.045341, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.271306, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.693559, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.802851, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.226219, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.634656, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.341667, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.217478, "read": "Supply-led" } ], "volume": { "latest": 112700, "relative_activity": 0.551761, "balance": 0.217478, "dry_up": 0.816381, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.12279, "annualized_volatility": 0.695397, "from_high_reference": -0.3, "from_low_reference": 1.540084 }, "levels": { "trend_reference": 8.432333, "fair_value_reference": 4.753304, "structural_low": 5.89, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.109962, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.124085, "regime_survival": 0.5, "best_return": 0.105634, "worst_return": -0.141994, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.241434, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.20866, "regime_survival": 0.0, "best_return": -0.223565, "worst_return": -0.259303, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.380774, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.340809, "regime_survival": 0.0, "best_return": -0.320461, "worst_return": -0.441088, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.444499, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.489352, "regime_survival": 0.0, "best_return": -0.240615, "worst_return": -0.648383, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-28", "end": "2024-07-05", "tenure": "New", "return": 0.037736, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-12", "end": "2024-08-09", "tenure": "Developing", "return": 0.049351, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-08-16", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-23", "end": "2024-12-06", "tenure": "Established", "return": 0.19666, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-02-07", "tenure": "Developing", "return": -0.176059, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": -0.042793, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-09-26", "tenure": "Extended", "return": -0.059633, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.019704, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": -0.108696, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.117795, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-06-05", "tenure": "Established", "return": 1.304948, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": -0.030909, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-07-17", "tenure": "New", "return": -0.161778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.063953, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.224258, "volume": 366100, "typical_volume": 480600.0, "trend": 3.074008, "fair_value": 5.935338, "relative_strength": -15.61331, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.800922, "energy": 16.65363, "activity_lines": [ 3.27426, 3.335547, 3.235343, 3.147746 ] }, { "date": "2023-08-25", "close": 3.215637, "volume": 260600, "typical_volume": 481900.0, "trend": 3.068953, "fair_value": 5.928439, "relative_strength": -15.280251, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.705997, "energy": 16.820507, "activity_lines": [ 3.2415, 3.302944, 3.244819, 3.156883 ] }, { "date": "2023-09-01", "close": 3.534615, "volume": 674800, "typical_volume": 498602.5, "trend": 3.081333, "fair_value": 5.924224, "relative_strength": -7.93221, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.109671, "energy": 19.507594, "activity_lines": [ 3.326561, 3.336958, 3.282481, 3.186926 ] }, { "date": "2023-09-08", "close": 3.396678, "volume": 132500, "typical_volume": 492732.5, "trend": 3.098185, "fair_value": 5.919766, "relative_strength": -9.061779, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.904362, "energy": 23.3037, "activity_lines": [ 3.357596, 3.343541, 3.303941, 3.207271 ] }, { "date": "2023-09-15", "close": 3.370815, "volume": 193300, "typical_volume": 484225.0, "trend": 3.110774, "fair_value": 5.915568, "relative_strength": -11.706337, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.799474, "energy": 25.590384, "activity_lines": [ 3.380011, 3.345266, 3.320854, 3.22486 ] }, { "date": "2023-09-22", "close": 3.525994, "volume": 167400, "typical_volume": 480625.0, "trend": 3.12967, "fair_value": 5.913004, "relative_strength": -4.546098, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.822427, "energy": 43.149122, "activity_lines": [ 3.439209, 3.380377, 3.34992, 3.251648 ] }, { "date": "2023-09-29", "close": 3.66393, "volume": 213500, "typical_volume": 472260.0, "trend": 3.157698, "fair_value": 5.911538, "relative_strength": 0.160513, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.631332, "energy": 52.628111, "activity_lines": [ 3.524269, 3.435395, 3.388386, 3.286116 ] }, { "date": "2023-10-06", "close": 3.474267, "volume": 258600, "typical_volume": 472380.0, "trend": 3.169201, "fair_value": 5.909496, "relative_strength": -1.588715, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.309283, "energy": 47.157009, "activity_lines": [ 3.516223, 3.450912, 3.40456, 3.30654 ] }, { "date": "2023-10-13", "close": 3.681172, "volume": 435300, "typical_volume": 478845.0, "trend": 3.195536, "fair_value": 5.905155, "relative_strength": 4.087059, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.781392, "energy": 58.438966, "activity_lines": [ 3.581168, 3.502952, 3.437115, 3.33957 ] }, { "date": "2023-10-20", "close": 3.405299, "volume": 274900, "typical_volume": 463530.0, "trend": 3.21381, "fair_value": 5.900751, "relative_strength": -0.36552, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.754961, "energy": 36.43797, "activity_lines": [ 3.535189, 3.49966, 3.439496, 3.353104 ] }, { "date": "2023-10-27", "close": 3.284605, "volume": 247200, "typical_volume": 449170.0, "trend": 3.229194, "fair_value": 5.893868, "relative_strength": -2.76367, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.461991, "energy": 15.142483, "activity_lines": [ 3.44668, 3.469722, 3.427714, 3.357671 ] }, { "date": "2023-11-03", "close": 3.49151, "volume": 239800, "typical_volume": 370400.0, "trend": 3.253743, "fair_value": 5.881486, "relative_strength": 0.366207, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.205605, "energy": 16.93117, "activity_lines": [ 3.443232, 3.476305, 3.434036, 3.374595 ] }, { "date": "2023-11-10", "close": 3.508752, "volume": 386900, "typical_volume": 334220.0, "trend": 3.274331, "fair_value": 5.867082, "relative_strength": -0.380014, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.290508, "energy": 17.319027, "activity_lines": [ 3.457026, 3.481008, 3.442944, 3.391047 ] }, { "date": "2023-11-17", "close": 3.58634, "volume": 306700, "typical_volume": 322425.0, "trend": 3.295238, "fair_value": 5.855735, "relative_strength": -1.166494, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.313506, "energy": 19.17655, "activity_lines": [ 3.494383, 3.500287, 3.45875, 3.411176 ] }, { "date": "2023-11-24", "close": 3.362194, "volume": 420900, "typical_volume": 307070.0, "trend": 3.313342, "fair_value": 5.842524, "relative_strength": -6.923971, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.358525, "energy": 14.395421, "activity_lines": [ 3.463347, 3.475365, 3.452263, 3.415496 ] }, { "date": "2023-12-01", "close": 3.49151, "volume": 260900, "typical_volume": 298980.0, "trend": 3.338343, "fair_value": 5.824384, "relative_strength": -4.533549, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.895812, "energy": 20.491259, "activity_lines": [ 3.478291, 3.474111, 3.459489, 3.426991 ] }, { "date": "2023-12-08", "close": 3.474267, "volume": 208900, "typical_volume": 298045.0, "trend": 3.36162, "fair_value": 5.799736, "relative_strength": -3.626512, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.164745, "energy": 19.138347, "activity_lines": [ 3.473693, 3.470349, 3.463881, 3.43576 ] }, { "date": "2023-12-15", "close": 3.517372, "volume": 159300, "typical_volume": 291625.0, "trend": 3.386333, "fair_value": 5.767259, "relative_strength": -4.34154, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.778816, "energy": 18.379506, "activity_lines": [ 3.484612, 3.477872, 3.471968, 3.445809 ] }, { "date": "2023-12-22", "close": 3.551856, "volume": 159500, "typical_volume": 282365.0, "trend": 3.409322, "fair_value": 5.740548, "relative_strength": -5.169275, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.600107, "energy": 24.17686, "activity_lines": [ 3.506452, 3.490882, 3.482847, 3.456488 ] }, { "date": "2023-12-29", "close": 3.620824, "volume": 178000, "typical_volume": 277255.0, "trend": 3.435185, "fair_value": 5.714067, "relative_strength": -4.304967, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.139066, "energy": 37.298311, "activity_lines": [ 3.55358, 3.518783, 3.499556, 3.470133 ] }, { "date": "2024-01-05", "close": 3.560478, "volume": 195200, "typical_volume": 268710.0, "trend": 3.455588, "fair_value": 5.690184, "relative_strength": -4.181105, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.161923, "energy": 39.492871, "activity_lines": [ 3.563351, 3.531793, 3.508259, 3.478216 ] }, { "date": "2024-01-12", "close": 3.517372, "volume": 172000, "typical_volume": 264280.0, "trend": 3.449841, "fair_value": 5.669011, "relative_strength": -4.48447, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.968794, "energy": 35.576324, "activity_lines": [ 3.554155, 3.53195, 3.511256, 3.482202 ] }, { "date": "2024-01-19", "close": 3.551856, "volume": 143200, "typical_volume": 237700.0, "trend": 3.454726, "fair_value": 5.652537, "relative_strength": -1.053545, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.080736, "energy": 30.98249, "activity_lines": [ 3.55358, 3.537906, 3.5161, 3.488784 ] }, { "date": "2024-01-26", "close": 3.58634, "volume": 226600, "typical_volume": 242405.0, "trend": 3.461336, "fair_value": 5.636498, "relative_strength": -0.980265, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.033413, "energy": 23.829193, "activity_lines": [ 3.562201, 3.549348, 3.524146, 3.497275 ] }, { "date": "2024-02-02", "close": 3.422541, "volume": 224500, "typical_volume": 243965.0, "trend": 3.453577, "fair_value": 5.615996, "relative_strength": -4.028917, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.367083, "energy": 9.915738, "activity_lines": [ 3.513924, 3.531009, 3.515689, 3.494772 ] }, { "date": "2024-02-09", "close": 3.344952, "volume": 189600, "typical_volume": 245075.0, "trend": 3.457025, "fair_value": 5.594144, "relative_strength": -6.784227, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.549389, "energy": 15.004707, "activity_lines": [ 3.453002, 3.497465, 3.499597, 3.487764 ] }, { "date": "2024-02-16", "close": 3.232879, "volume": 204900, "typical_volume": 244645.0, "trend": 3.451853, "fair_value": 5.574346, "relative_strength": -10.257607, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.179301, "energy": 36.094356, "activity_lines": [ 3.369091, 3.44621, 3.473692, 3.473303 ] }, { "date": "2024-02-23", "close": 3.250121, "volume": 303900, "typical_volume": 246910.0, "trend": 3.446393, "fair_value": 5.558924, "relative_strength": -10.086821, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.27804, "energy": 54.623594, "activity_lines": [ 3.309893, 3.402478, 3.451483, 3.460288 ] }, { "date": "2024-03-01", "close": 3.439783, "volume": 239600, "typical_volume": 237125.0, "trend": 3.44783, "fair_value": 5.544931, "relative_strength": -4.627586, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.493181, "energy": 48.149143, "activity_lines": [ 3.334032, 3.398089, 3.448404, 3.459862 ] }, { "date": "2024-03-08", "close": 3.344952, "volume": 263800, "typical_volume": 236570.0, "trend": 3.454439, "fair_value": 5.528411, "relative_strength": -5.465266, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.209051, "energy": 51.331523, "activity_lines": [ 3.336331, 3.378496, 3.437443, 3.453225 ] }, { "date": "2024-03-15", "close": 3.310468, "volume": 333800, "typical_volume": 240900.0, "trend": 3.457313, "fair_value": 5.51167, "relative_strength": -6.052332, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.816723, "energy": 35.188968, "activity_lines": [ 3.332308, 3.357648, 3.423485, 3.443936 ] }, { "date": "2024-03-22", "close": 3.362194, "volume": 423100, "typical_volume": 250065.0, "trend": 3.462198, "fair_value": 5.490568, "relative_strength": -4.637458, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.030131, "energy": 23.816213, "activity_lines": [ 3.347826, 3.350752, 3.414331, 3.437799 ] }, { "date": "2024-03-29", "close": 3.439783, "volume": 192800, "typical_volume": 240360.0, "trend": 3.459037, "fair_value": 5.463139, "relative_strength": -3.200973, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.713138, "energy": 17.210086, "activity_lines": [ 3.380585, 3.360783, 3.413181, 3.436353 ] }, { "date": "2024-04-05", "close": 3.362194, "volume": 122700, "typical_volume": 231160.0, "trend": 3.457887, "fair_value": 5.428815, "relative_strength": -4.352473, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.363089, "energy": 16.112442, "activity_lines": [ 3.374838, 3.358746, 3.404971, 3.430105 ] }, { "date": "2024-04-12", "close": 3.362194, "volume": 142900, "typical_volume": 217260.0, "trend": 3.4576, "fair_value": 5.39513, "relative_strength": -3.673807, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.123907, "energy": 13.922572, "activity_lines": [ 3.374263, 3.360783, 3.397828, 3.423932 ] }, { "date": "2024-04-19", "close": 3.353574, "volume": 150400, "typical_volume": 211735.0, "trend": 3.451853, "fair_value": 5.357764, "relative_strength": -3.185372, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.415717, "energy": 14.858851, "activity_lines": [ 3.369666, 3.362351, 3.389863, 3.41722 ] }, { "date": "2024-04-26", "close": 3.379436, "volume": 96600, "typical_volume": 206120.0, "trend": 3.442369, "fair_value": 5.291986, "relative_strength": -3.500711, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.10549, "energy": 15.459959, "activity_lines": [ 3.370815, 3.368464, 3.385019, 3.412548 ] }, { "date": "2024-05-03", "close": 3.301847, "volume": 65400, "typical_volume": 201425.0, "trend": 3.436622, "fair_value": 5.212974, "relative_strength": -7.146672, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.496018, "energy": 24.525456, "activity_lines": [ 3.344952, 3.357805, 3.373237, 3.403482 ] }, { "date": "2024-05-10", "close": 3.301847, "volume": 324800, "typical_volume": 209690.0, "trend": 3.423978, "fair_value": 5.152058, "relative_strength": -6.503597, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.983002, "energy": 29.75852, "activity_lines": [ 3.328285, 3.346206, 3.362481, 3.394787 ] }, { "date": "2024-05-17", "close": 3.50013, "volume": 535200, "typical_volume": 227550.0, "trend": 3.427139, "fair_value": 5.105124, "relative_strength": -1.468864, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.73794, "energy": 4.871036, "activity_lines": [ 3.381735, 3.373166, 3.3718, 3.3997 ] }, { "date": "2024-05-24", "close": 3.560478, "volume": 344500, "typical_volume": 235015.0, "trend": 3.436335, "fair_value": 5.055561, "relative_strength": 3.127385, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.642393, "energy": 19.62764, "activity_lines": [ 3.446105, 3.408277, 3.387441, 3.408303 ] }, { "date": "2024-05-31", "close": 3.655308, "volume": 328200, "typical_volume": 242825.0, "trend": 3.441795, "fair_value": 4.999927, "relative_strength": 7.441863, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.463603, "energy": 41.236036, "activity_lines": [ 3.528292, 3.456085, 3.412114, 3.42243 ] }, { "date": "2024-06-07", "close": 3.620824, "volume": 116500, "typical_volume": 241490.0, "trend": 3.44553, "fair_value": 4.949674, "relative_strength": 7.246971, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.152046, "energy": 50.08628, "activity_lines": [ 3.580593, 3.492293, 3.432845, 3.43398 ] }, { "date": "2024-06-14", "close": 3.336331, "volume": 183100, "typical_volume": 239315.0, "trend": 3.437197, "fair_value": 4.903844, "relative_strength": -0.047791, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.431976, "energy": 30.189835, "activity_lines": [ 3.516797, 3.473483, 3.426154, 3.426935 ] }, { "date": "2024-06-21", "close": 3.172532, "volume": 352800, "typical_volume": 245730.0, "trend": 3.430875, "fair_value": 4.851794, "relative_strength": -6.10988, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -47.037941, "energy": 18.452816, "activity_lines": [ 3.396103, 3.425363, 3.405053, 3.40986 ] }, { "date": "2024-06-28", "close": 3.198395, "volume": 132500, "typical_volume": 242875.0, "trend": 3.421104, "fair_value": 4.798833, "relative_strength": -7.12008, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.615744, "energy": 36.853748, "activity_lines": [ 3.30587, 3.385392, 3.387606, 3.394861 ] }, { "date": "2024-07-05", "close": 3.319089, "volume": 489400, "typical_volume": 257100.0, "trend": 3.415932, "fair_value": 4.748799, "relative_strength": -5.124066, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.898009, "energy": 37.848507, "activity_lines": [ 3.280007, 3.370188, 3.382351, 3.38828 ] }, { "date": "2024-07-12", "close": 3.319089, "volume": 152000, "typical_volume": 249505.0, "trend": 3.409322, "fair_value": 4.70092, "relative_strength": -6.944427, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.738403, "energy": 36.542244, "activity_lines": [ 3.276559, 3.356081, 3.376686, 3.382032 ] }, { "date": "2024-07-19", "close": 3.258742, "volume": 63000, "typical_volume": 240675.0, "trend": 3.399552, "fair_value": 4.653947, "relative_strength": -7.549152, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.216806, "energy": 44.446491, "activity_lines": [ 3.27311, 3.330688, 3.364945, 3.372317 ] }, { "date": "2024-07-26", "close": 3.224258, "volume": 88900, "typical_volume": 231930.0, "trend": 3.386333, "fair_value": 4.611708, "relative_strength": -8.239477, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.021959, "energy": 30.313427, "activity_lines": [ 3.26334, 3.299809, 3.350782, 3.361008 ] }, { "date": "2024-08-02", "close": 3.198395, "volume": 42700, "typical_volume": 217375.0, "trend": 3.374263, "fair_value": 4.571026, "relative_strength": -7.59685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.766138, "energy": 32.178946, "activity_lines": [ 3.2415, 3.269244, 3.33473, 3.348883 ] }, { "date": "2024-08-09", "close": 3.482888, "volume": 250600, "typical_volume": 208750.0, "trend": 3.373114, "fair_value": 4.537339, "relative_strength": -3.046359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.005293, "energy": 12.374693, "activity_lines": [ 3.314491, 3.296988, 3.346307, 3.355891 ] }, { "date": "2024-08-16", "close": 3.646688, "volume": 834500, "typical_volume": 240835.0, "trend": 3.376275, "fair_value": 4.503194, "relative_strength": -0.966823, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.701041, "energy": 11.507444, "activity_lines": [ 3.431162, 3.357649, 3.372909, 3.37354 ] }, { "date": "2024-08-23", "close": 4.646725, "volume": 1342700, "typical_volume": 301835.0, "trend": 3.411621, "fair_value": 4.469642, "relative_strength": 24.086373, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.294475, "energy": 75.331972, "activity_lines": [ 3.859339, 3.599664, 3.493767, 3.455505 ] }, { "date": "2024-08-30", "close": 3.853592, "volume": 1998500, "typical_volume": 394615.0, "trend": 3.42599, "fair_value": 4.426697, "relative_strength": 2.724713, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.288376, "energy": 63.89256, "activity_lines": [ 3.930606, 3.673648, 3.532972, 3.484019 ] }, { "date": "2024-09-06", "close": 4.250158, "volume": 582700, "typical_volume": 416230.0, "trend": 3.456163, "fair_value": 4.388665, "relative_strength": 14.332002, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.335146, "energy": 73.538974, "activity_lines": [ 4.092106, 3.807352, 3.607606, 3.537191 ] }, { "date": "2024-09-13", "close": 4.60362, "volume": 419100, "typical_volume": 432355.0, "trend": 3.501854, "fair_value": 4.343203, "relative_strength": 23.06339, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.423849, "energy": 80.644828, "activity_lines": [ 4.30131, 3.986199, 3.711632, 3.611221 ] }, { "date": "2024-09-20", "close": 4.310505, "volume": 179300, "typical_volume": 438050.0, "trend": 3.537201, "fair_value": 4.307711, "relative_strength": 18.378924, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.406612, "energy": 57.619623, "activity_lines": [ 4.338093, 4.088397, 3.781914, 3.663392 ] }, { "date": "2024-09-27", "close": 4.482925, "volume": 389300, "typical_volume": 441275.0, "trend": 3.571972, "fair_value": 4.278711, "relative_strength": 21.372918, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.82154, "energy": 60.261298, "activity_lines": [ 4.388094, 4.203918, 3.863814, 3.724406 ] }, { "date": "2024-10-04", "close": 4.526031, "volume": 281000, "typical_volume": 428565.0, "trend": 3.611341, "fair_value": 4.252357, "relative_strength": 23.079433, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.482585, "energy": 56.494951, "activity_lines": [ 4.463385, 4.305019, 3.944194, 3.785959 ] }, { "date": "2024-10-11", "close": 5.215712, "volume": 490900, "typical_volume": 435885.0, "trend": 3.674849, "fair_value": 4.228269, "relative_strength": 42.978342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.58995, "energy": 62.338503, "activity_lines": [ 4.723739, 4.507848, 4.085374, 3.889466 ] }, { "date": "2024-10-18", "close": 5.37089, "volume": 491500, "typical_volume": 444050.0, "trend": 3.741806, "fair_value": 4.211424, "relative_strength": 45.556774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.373927, "energy": 73.043142, "activity_lines": [ 4.97145, 4.702213, 4.23345, 3.998888 ] }, { "date": "2024-10-25", "close": 5.612278, "volume": 913700, "typical_volume": 483910.0, "trend": 3.814223, "fair_value": 4.202589, "relative_strength": 51.344847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.569083, "energy": 76.941601, "activity_lines": [ 5.248472, 4.906139, 4.396346, 4.119564 ] }, { "date": "2024-11-01", "close": 5.758835, "volume": 315200, "typical_volume": 490515.0, "trend": 3.894111, "fair_value": 4.193832, "relative_strength": 55.828427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.397331, "energy": 79.507498, "activity_lines": [ 5.487561, 5.100974, 4.563717, 4.245023 ] }, { "date": "2024-11-08", "close": 5.957119, "volume": 507100, "typical_volume": 498230.0, "trend": 3.980608, "fair_value": 4.186131, "relative_strength": 59.695795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.587236, "energy": 78.017535, "activity_lines": [ 5.707684, 5.31164, 4.738436, 4.37812 ] }, { "date": "2024-11-15", "close": 5.595036, "volume": 230400, "typical_volume": 503125.0, "trend": 4.055323, "fair_value": 4.180202, "relative_strength": 48.555001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.11856, "energy": 61.967508, "activity_lines": [ 5.711707, 5.418227, 4.865411, 4.482277 ] }, { "date": "2024-11-22", "close": 5.664004, "volume": 175400, "typical_volume": 487425.0, "trend": 4.131476, "fair_value": 4.175792, "relative_strength": 47.191858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.564546, "energy": 60.506696, "activity_lines": [ 5.713431, 5.512901, 4.987542, 4.586063 ] }, { "date": "2024-11-29", "close": 5.603657, "volume": 407000, "typical_volume": 500175.0, "trend": 4.208203, "fair_value": 4.169272, "relative_strength": 47.975351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.841316, "energy": 52.332798, "activity_lines": [ 5.675499, 5.577324, 5.09276, 4.681042 ] }, { "date": "2024-12-06", "close": 5.560552, "volume": 357600, "typical_volume": 514905.0, "trend": 4.283493, "fair_value": 4.159675, "relative_strength": 44.957528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.627522, "energy": 44.024955, "activity_lines": [ 5.623773, 5.610397, 5.182993, 4.76829 ] }, { "date": "2024-12-13", "close": 5.28468, "volume": 405100, "typical_volume": 530715.0, "trend": 4.342978, "fair_value": 4.148309, "relative_strength": 37.900363, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.962262, "energy": 33.349905, "activity_lines": [ 5.493308, 5.573719, 5.235992, 4.832883 ] }, { "date": "2024-12-20", "close": 4.87498, "volume": 298300, "typical_volume": 543495.0, "trend": 4.386795, "fair_value": 4.137333, "relative_strength": 28.764053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.83899, "energy": 20.501449, "activity_lines": [ 5.271106, 5.448756, 5.24016, 4.867206 ] }, { "date": "2024-12-27", "close": 4.6236, "volume": 147100, "typical_volume": 538320.0, "trend": 4.419071, "fair_value": 4.121515, "relative_strength": 23.11054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.677373, "energy": 18.104847, "activity_lines": [ 5.013115, 5.284282, 5.212403, 4.882484 ] }, { "date": "2025-01-03", "close": 4.713378, "volume": 250000, "typical_volume": 509095.0, "trend": 4.455489, "fair_value": 4.111873, "relative_strength": 26.343481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.775427, "energy": 16.968321, "activity_lines": [ 4.854409, 5.14972, 5.187765, 4.901471 ] }, { "date": "2025-01-10", "close": 4.776224, "volume": 199100, "typical_volume": 451915.0, "trend": 4.503486, "fair_value": 4.103496, "relative_strength": 26.648439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.839394, "energy": 19.593462, "activity_lines": [ 4.776005, 5.042927, 5.164033, 4.922164 ] }, { "date": "2025-01-17", "close": 4.470976, "volume": 72600, "typical_volume": 355620.0, "trend": 4.546767, "fair_value": 4.091654, "relative_strength": 14.563651, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.799213, "energy": 20.804225, "activity_lines": [ 4.648139, 4.8985, 5.110612, 4.920066 ] }, { "date": "2025-01-24", "close": 4.417109, "volume": 80500, "typical_volume": 330510.0, "trend": 4.587391, "fair_value": 4.075588, "relative_strength": 12.532931, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.183666, "energy": 36.697875, "activity_lines": [ 4.556565, 4.7713, 5.049122, 4.911701 ] }, { "date": "2025-01-31", "close": 4.758268, "volume": 125500, "typical_volume": 315830.0, "trend": 4.635364, "fair_value": 4.063865, "relative_strength": 16.921626, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.808948, "energy": 28.969834, "activity_lines": [ 4.609235, 4.727546, 5.019328, 4.922726 ] }, { "date": "2025-02-07", "close": 4.354264, "volume": 74300, "typical_volume": 310580.0, "trend": 4.66987, "fair_value": 4.050844, "relative_strength": 7.72998, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.039908, "energy": 32.431653, "activity_lines": [ 4.51826, 4.626804, 4.950321, 4.90459 ] }, { "date": "2025-02-14", "close": 3.986171, "volume": 251800, "typical_volume": 303705.0, "trend": 4.694117, "fair_value": 4.034817, "relative_strength": -4.484487, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.361763, "energy": 44.952841, "activity_lines": [ 4.328527, 4.481853, 4.846049, 4.86048 ] }, { "date": "2025-02-21", "close": 3.869459, "volume": 114400, "typical_volume": 295375.0, "trend": 4.715624, "fair_value": 4.021704, "relative_strength": -6.778659, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.515142, "energy": 52.469908, "activity_lines": [ 4.152561, 4.344307, 4.733027, 4.807277 ] }, { "date": "2025-02-28", "close": 3.914349, "volume": 138000, "typical_volume": 277730.0, "trend": 4.739489, "fair_value": 4.009525, "relative_strength": -2.673605, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.963748, "energy": 63.034171, "activity_lines": [ 4.031659, 4.240653, 4.627407, 4.755582 ] }, { "date": "2025-03-07", "close": 3.815592, "volume": 17000, "typical_volume": 254005.0, "trend": 4.750579, "fair_value": 3.998437, "relative_strength": -7.054491, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.659579, "energy": 77.466645, "activity_lines": [ 3.911356, 4.13651, 4.518578, 4.695975 ] }, { "date": "2025-03-14", "close": 3.914349, "volume": 339900, "typical_volume": 225315.0, "trend": 4.759501, "fair_value": 3.982596, "relative_strength": -7.777486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.031578, "energy": 71.748574, "activity_lines": [ 3.886817, 4.065014, 4.426562, 4.642025 ] }, { "date": "2025-03-21", "close": 4.363242, "volume": 215400, "typical_volume": 220325.0, "trend": 4.750052, "fair_value": 3.96834, "relative_strength": -0.212126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.07607, "energy": 46.64649, "activity_lines": [ 4.041236, 4.089662, 4.385382, 4.61646 ] }, { "date": "2025-03-28", "close": 4.381197, "volume": 181500, "typical_volume": 204045.0, "trend": 4.767639, "fair_value": 3.954415, "relative_strength": 0.163966, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.079208, "energy": 30.737356, "activity_lines": [ 4.176502, 4.125084, 4.352558, 4.592663 ] }, { "date": "2025-04-04", "close": 4.040039, "volume": 66500, "typical_volume": 195850.0, "trend": 4.760635, "fair_value": 3.941318, "relative_strength": -4.553051, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.755745, "energy": 26.777695, "activity_lines": [ 4.163933, 4.100109, 4.294747, 4.545721 ] }, { "date": "2025-04-11", "close": 3.725814, "volume": 171200, "typical_volume": 195640.0, "trend": 4.731375, "fair_value": 3.928147, "relative_strength": -12.396237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.327468, "energy": 33.987771, "activity_lines": [ 4.038243, 4.024858, 4.214414, 4.478958 ] }, { "date": "2025-04-18", "close": 3.734791, "volume": 126500, "typical_volume": 181615.0, "trend": 4.712184, "fair_value": 3.91654, "relative_strength": -13.618112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.677796, "energy": 43.792659, "activity_lines": [ 3.921531, 3.970011, 4.144166, 4.414662 ] }, { "date": "2025-04-25", "close": 4.040039, "volume": 78900, "typical_volume": 167680.0, "trend": 4.697421, "fair_value": 3.908615, "relative_strength": -10.256753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.065962, "energy": 42.907359, "activity_lines": [ 3.918538, 3.981928, 4.111889, 4.371298 ] }, { "date": "2025-05-02", "close": 4.004128, "volume": 195200, "typical_volume": 157185.0, "trend": 4.680024, "fair_value": 3.902667, "relative_strength": -11.514978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.825536, "energy": 39.825672, "activity_lines": [ 3.925122, 3.986335, 4.083432, 4.32657 ] }, { "date": "2025-05-09", "close": 3.716835, "volume": 150600, "typical_volume": 149800.0, "trend": 4.630062, "fair_value": 3.895097, "relative_strength": -18.755836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.673053, "energy": 41.682085, "activity_lines": [ 3.86108, 3.936059, 4.033712, 4.264428 ] }, { "date": "2025-05-16", "close": 3.680924, "volume": 116800, "typical_volume": 148285.0, "trend": 4.57373, "fair_value": 3.887296, "relative_strength": -21.047855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.500378, "energy": 40.271265, "activity_lines": [ 3.806614, 3.882845, 3.986086, 4.203194 ] }, { "date": "2025-05-23", "close": 3.653991, "volume": 45100, "typical_volume": 138040.0, "trend": 4.508453, "fair_value": 3.878014, "relative_strength": -20.753516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.955462, "energy": 42.503329, "activity_lines": [ 3.746163, 3.827182, 3.940384, 4.143856 ] }, { "date": "2025-05-30", "close": 3.627057, "volume": 61000, "typical_volume": 131135.0, "trend": 4.437394, "fair_value": 3.870522, "relative_strength": -20.72209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.891392, "energy": 50.900417, "activity_lines": [ 3.682121, 3.771356, 3.897162, 4.086991 ] }, { "date": "2025-06-06", "close": 3.636035, "volume": 38500, "typical_volume": 129430.0, "trend": 4.360025, "fair_value": 3.864177, "relative_strength": -19.834901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.166443, "energy": 46.829933, "activity_lines": [ 3.648604, 3.730547, 3.860268, 4.035291 ] }, { "date": "2025-06-13", "close": 3.591146, "volume": 43900, "typical_volume": 127600.0, "trend": 4.293228, "fair_value": 3.859289, "relative_strength": -21.388125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.775373, "energy": 51.272336, "activity_lines": [ 3.624663, 3.695126, 3.823074, 3.985686 ] }, { "date": "2025-06-20", "close": 3.680924, "volume": 64300, "typical_volume": 124540.0, "trend": 4.227126, "fair_value": 3.855849, "relative_strength": -19.398417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.512808, "energy": 47.52021, "activity_lines": [ 3.639028, 3.684189, 3.798363, 3.946182 ] }, { "date": "2025-06-27", "close": 3.582168, "volume": 46200, "typical_volume": 123135.0, "trend": 4.159743, "fair_value": 3.854392, "relative_strength": -21.433939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.582905, "energy": 44.578574, "activity_lines": [ 3.620473, 3.656113, 3.769378, 3.904572 ] }, { "date": "2025-07-04", "close": 3.653991, "volume": 33900, "typical_volume": 112240.0, "trend": 4.096191, "fair_value": 3.852741, "relative_strength": -22.450633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.858473, "energy": 39.714303, "activity_lines": [ 3.630648, 3.64387, 3.750909, 3.871943 ] }, { "date": "2025-07-11", "close": 3.618079, "volume": 55000, "typical_volume": 109270.0, "trend": 4.040637, "fair_value": 3.851951, "relative_strength": -20.267159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.326743, "energy": 38.647922, "activity_lines": [ 3.627057, 3.632117, 3.730602, 3.841097 ] }, { "date": "2025-07-18", "close": 3.600124, "volume": 45300, "typical_volume": 104635.0, "trend": 3.998142, "fair_value": 3.846248, "relative_strength": -19.062387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.201763, "energy": 40.585672, "activity_lines": [ 3.618678, 3.624119, 3.709782, 3.812677 ] }, { "date": "2025-07-25", "close": 3.627057, "volume": 48400, "typical_volume": 106205.0, "trend": 3.964924, "fair_value": 3.8405, "relative_strength": -18.631544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.395106, "energy": 36.90924, "activity_lines": [ 3.618678, 3.62314, 3.693023, 3.788736 ] }, { "date": "2025-08-01", "close": 3.609101, "volume": 59000, "typical_volume": 92160.0, "trend": 3.928115, "fair_value": 3.833983, "relative_strength": -18.456157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.566185, "energy": 37.739975, "activity_lines": [ 3.616284, 3.619875, 3.675452, 3.76578 ] }, { "date": "2025-08-08", "close": 3.501367, "volume": 57600, "typical_volume": 84270.0, "trend": 3.88562, "fair_value": 3.824813, "relative_strength": -22.873441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.114978, "energy": 50.569925, "activity_lines": [ 3.576182, 3.597838, 3.649074, 3.738247 ] }, { "date": "2025-08-15", "close": 3.223053, "volume": 76200, "typical_volume": 79005.0, "trend": 3.844022, "fair_value": 3.812769, "relative_strength": -29.080551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.821044, "energy": 82.811068, "activity_lines": [ 3.453485, 3.527484, 3.600295, 3.695501 ] }, { "date": "2025-08-22", "close": 3.232031, "volume": 42900, "typical_volume": 77825.0, "trend": 3.80452, "fair_value": 3.800782, "relative_strength": -29.279378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.219148, "energy": 90.175451, "activity_lines": [ 3.360115, 3.466272, 3.557885, 3.656018 ] }, { "date": "2025-08-29", "close": 3.546256, "volume": 177600, "typical_volume": 78145.0, "trend": 3.764119, "fair_value": 3.794735, "relative_strength": -24.15544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.294129, "energy": 68.09017, "activity_lines": [ 3.396027, 3.46872, 3.549249, 3.639356 ] }, { "date": "2025-09-05", "close": 3.618079, "volume": 51400, "typical_volume": 74390.0, "trend": 3.73958, "fair_value": 3.790237, "relative_strength": -23.001628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.196134, "energy": 44.015016, "activity_lines": [ 3.461266, 3.486676, 3.548308, 3.629934 ] }, { "date": "2025-09-12", "close": 3.600124, "volume": 130800, "typical_volume": 76985.0, "trend": 3.726711, "fair_value": 3.784535, "relative_strength": -22.78773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.188457, "energy": 22.873321, "activity_lines": [ 3.519921, 3.500714, 3.546214, 3.620937 ] }, { "date": "2025-09-19", "close": 3.645013, "volume": 102500, "typical_volume": 72350.0, "trend": 3.71923, "fair_value": 3.774759, "relative_strength": -23.395542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.890222, "energy": 21.27132, "activity_lines": [ 3.586956, 3.523893, 3.550489, 3.615666 ] }, { "date": "2025-09-26", "close": 3.680924, "volume": 38300, "typical_volume": 66735.0, "trend": 3.711449, "fair_value": 3.759327, "relative_strength": -22.029309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.810606, "energy": 20.312208, "activity_lines": [ 3.637831, 3.553112, 3.559894, 3.613194 ] }, { "date": "2025-10-03", "close": 3.645013, "volume": 134200, "typical_volume": 67605.0, "trend": 3.705763, "fair_value": 3.742139, "relative_strength": -21.702317, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.26624, "energy": 16.815693, "activity_lines": [ 3.646808, 3.574333, 3.56605, 3.608908 ] }, { "date": "2025-10-10", "close": 3.537278, "volume": 81800, "typical_volume": 69440.0, "trend": 3.693194, "fair_value": 3.728184, "relative_strength": -21.413587, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.449989, "energy": 13.978913, "activity_lines": [ 3.613291, 3.575638, 3.562117, 3.598038 ] }, { "date": "2025-10-17", "close": 3.537278, "volume": 64700, "typical_volume": 69625.0, "trend": 3.665662, "fair_value": 3.713794, "relative_strength": -22.13194, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.275185, "energy": 9.364579, "activity_lines": [ 3.58516, 3.57825, 3.55874, 3.587979 ] }, { "date": "2025-10-24", "close": 3.57319, "volume": 79700, "typical_volume": 71685.0, "trend": 3.638728, "fair_value": 3.700505, "relative_strength": -21.944587, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.294084, "energy": 13.136765, "activity_lines": [ 3.57319, 3.586738, 3.55921, 3.582013 ] }, { "date": "2025-10-31", "close": 4.129817, "volume": 251000, "typical_volume": 82040.0, "trend": 3.641721, "fair_value": 3.689913, "relative_strength": -10.868479, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.330806, "energy": 33.454731, "activity_lines": [ 3.75155, 3.690065, 3.612992, 3.613696 ] }, { "date": "2025-11-07", "close": 3.680924, "volume": 98900, "typical_volume": 83770.0, "trend": 3.640225, "fair_value": 3.68342, "relative_strength": -21.787078, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.378852, "energy": 28.8357, "activity_lines": [ 3.750353, 3.695452, 3.621456, 3.616226 ] }, { "date": "2025-11-14", "close": 3.582168, "volume": 118200, "typical_volume": 87370.0, "trend": 3.635137, "fair_value": 3.679783, "relative_strength": -24.659299, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.789367, "energy": 24.980403, "activity_lines": [ 3.713843, 3.680434, 3.620516, 3.61248 ] }, { "date": "2025-11-21", "close": 3.582168, "volume": 22800, "typical_volume": 86815.0, "trend": 3.619875, "fair_value": 3.675274, "relative_strength": -22.185406, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.188599, "energy": 18.205713, "activity_lines": [ 3.674341, 3.66607, 3.619575, 3.609063 ] }, { "date": "2025-11-28", "close": 3.770703, "volume": 136800, "typical_volume": 90905.0, "trend": 3.612094, "fair_value": 3.671537, "relative_strength": -19.21417, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.662361, "energy": 20.491074, "activity_lines": [ 3.69469, 3.686311, 3.636933, 3.618794 ] }, { "date": "2025-12-05", "close": 4.004128, "volume": 129200, "typical_volume": 95100.0, "trend": 3.62167, "fair_value": 3.671695, "relative_strength": -12.208457, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.136015, "energy": 32.671275, "activity_lines": [ 3.779681, 3.746708, 3.675794, 3.644086 ] }, { "date": "2025-12-12", "close": 4.013105, "volume": 479700, "typical_volume": 116665.0, "trend": 3.632743, "fair_value": 3.675398, "relative_strength": -12.862093, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.944469, "energy": 47.869521, "activity_lines": [ 3.876043, 3.80286, 3.713587, 3.66934 ] }, { "date": "2025-12-19", "close": 4.758268, "volume": 371300, "typical_volume": 132280.0, "trend": 3.669552, "fair_value": 3.686059, "relative_strength": 5.51404, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.758088, "energy": 79.539192, "activity_lines": [ 4.198648, 3.987804, 3.820509, 3.741954 ] }, { "date": "2025-12-26", "close": 4.892936, "volume": 135700, "typical_volume": 136185.0, "trend": 3.711748, "fair_value": 3.697801, "relative_strength": 7.449007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.715414, "energy": 86.16853, "activity_lines": [ 4.487735, 4.175033, 3.934784, 3.820882 ] }, { "date": "2026-01-02", "close": 4.8, "volume": 158000, "typical_volume": 140275.0, "trend": 3.750547, "fair_value": 3.707857, "relative_strength": 6.356102, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.575967, "energy": 84.675068, "activity_lines": [ 4.658459, 4.320717, 4.033582, 3.891092 ] }, { "date": "2026-01-09", "close": 5.34, "volume": 196600, "typical_volume": 147960.0, "trend": 3.808842, "fair_value": 3.721811, "relative_strength": 16.870281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.714935, "energy": 91.805179, "activity_lines": [ 4.940563, 4.542277, 4.176299, 3.993638 ] }, { "date": "2026-01-16", "close": 5.29, "volume": 87700, "typical_volume": 143465.0, "trend": 3.862478, "fair_value": 3.736099, "relative_strength": 15.123079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.166167, "energy": 88.371283, "activity_lines": [ 5.116943, 4.732742, 4.304216, 4.089196 ] }, { "date": "2026-01-23", "close": 5.1, "volume": 128900, "typical_volume": 147340.0, "trend": 3.913072, "fair_value": 3.747206, "relative_strength": 2.800108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.470035, "energy": 74.27618, "activity_lines": [ 5.144862, 4.859406, 4.405735, 4.169036 ] }, { "date": "2026-01-30", "close": 5.4, "volume": 194600, "typical_volume": 150530.0, "trend": 3.971273, "fair_value": 3.761544, "relative_strength": 7.938661, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.422363, "energy": 70.560338, "activity_lines": [ 5.25, 5.013019, 4.528768, 4.264967 ] }, { "date": "2026-02-06", "close": 6.0, "volume": 243600, "typical_volume": 157585.0, "trend": 4.05067, "fair_value": 3.781473, "relative_strength": 19.070191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.76939, "energy": 76.825848, "activity_lines": [ 5.521333, 5.242671, 4.700373, 4.395853 ] }, { "date": "2026-02-13", "close": 6.35, "volume": 199600, "typical_volume": 165650.0, "trend": 4.142333, "fair_value": 3.802991, "relative_strength": 23.385603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.497596, "energy": 80.367249, "activity_lines": [ 5.829333, 5.495426, 4.894097, 4.544197 ] }, { "date": "2026-02-20", "close": 6.32, "volume": 59300, "typical_volume": 161905.0, "trend": 4.232097, "fair_value": 3.824535, "relative_strength": 19.95112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.054657, "energy": 85.149269, "activity_lines": [ 6.06, 5.700075, 5.072255, 4.684691 ] }, { "date": "2026-02-27", "close": 6.63, "volume": 222400, "typical_volume": 168935.0, "trend": 4.332794, "fair_value": 3.848939, "relative_strength": 26.713485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.518182, "energy": 88.130717, "activity_lines": [ 6.325333, 5.919144, 5.267198, 4.839395 ] }, { "date": "2026-03-06", "close": 7.23, "volume": 266000, "typical_volume": 179000.0, "trend": 4.457082, "fair_value": 3.875226, "relative_strength": 44.457803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.013029, "energy": 88.522841, "activity_lines": [ 6.688667, 6.213273, 5.504556, 5.026311 ] }, { "date": "2026-03-13", "close": 6.97, "volume": 248300, "typical_volume": 187430.0, "trend": 4.58198, "fair_value": 3.901373, "relative_strength": 39.749707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.728647, "energy": 79.081017, "activity_lines": [ 6.843333, 6.417636, 5.699569, 5.188435 ] }, { "date": "2026-03-20", "close": 6.75, "volume": 236900, "typical_volume": 186725.0, "trend": 4.699246, "fair_value": 3.926327, "relative_strength": 35.943119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.184569, "energy": 66.037595, "activity_lines": [ 6.86, 6.542545, 5.857453, 5.328307 ] }, { "date": "2026-03-27", "close": 6.75, "volume": 167000, "typical_volume": 190130.0, "trend": 4.806037, "fair_value": 3.9515, "relative_strength": 31.590317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.227525, "energy": 64.151141, "activity_lines": [ 6.85, 6.641818, 6.002861, 5.460614 ] }, { "date": "2026-04-03", "close": 6.88, "volume": 103000, "typical_volume": 189370.0, "trend": 4.914768, "fair_value": 3.977942, "relative_strength": 29.067162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.722294, "energy": 59.570755, "activity_lines": [ 6.854667, 6.738182, 6.146035, 5.594418 ] }, { "date": "2026-04-10", "close": 8.9, "volume": 577700, "typical_volume": 217115.0, "trend": 5.09143, "fair_value": 4.01646, "relative_strength": 57.416053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.296728, "energy": 73.099409, "activity_lines": [ 7.516, 7.169455, 6.465886, 5.85153 ] }, { "date": "2026-04-17", "close": 10.83, "volume": 580600, "typical_volume": 239305.0, "trend": 5.33093, "fair_value": 4.066914, "relative_strength": 89.730809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.28761, "energy": 90.754288, "activity_lines": [ 8.709333, 7.888, 6.944223, 6.22176 ] }, { "date": "2026-04-24", "close": 9.45, "volume": 179400, "typical_volume": 241815.0, "trend": 5.523233, "fair_value": 4.10942, "relative_strength": 67.721531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.018269, "energy": 84.994, "activity_lines": [ 9.185333, 8.267818, 7.257516, 6.487506 ] }, { "date": "2026-05-01", "close": 11.32, "volume": 308100, "typical_volume": 233235.0, "trend": 5.779065, "fair_value": 4.164411, "relative_strength": 100.564676, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.164238, "energy": 95.503358, "activity_lines": [ 10.104667, 8.931273, 7.722972, 6.861491 ] }, { "date": "2026-05-08", "close": 10.52, "volume": 404200, "typical_volume": 234880.0, "trend": 6.011823, "fair_value": 4.214052, "relative_strength": 86.087542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.045778, "energy": 87.114351, "activity_lines": [ 10.452667, 9.358364, 8.077443, 7.167358 ] }, { "date": "2026-05-15", "close": 10.2, "volume": 245900, "typical_volume": 240390.0, "trend": 6.233914, "fair_value": 4.261642, "relative_strength": 83.793521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.668457, "energy": 66.996874, "activity_lines": [ 10.451333, 9.656545, 8.374, 7.437563 ] }, { "date": "2026-05-22", "close": 9.69, "volume": 278600, "typical_volume": 246420.0, "trend": 6.437807, "fair_value": 4.30541, "relative_strength": 72.647518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.090083, "energy": 62.663929, "activity_lines": [ 10.193333, 9.808, 8.596714, 7.660536 ] }, { "date": "2026-05-29", "close": 9.98, "volume": 187200, "typical_volume": 245950.0, "trend": 6.632813, "fair_value": 4.351148, "relative_strength": 76.98468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.103858, "energy": 53.844752, "activity_lines": [ 10.108, 9.962727, 8.823762, 7.889065 ] }, { "date": "2026-06-05", "close": 9.25, "volume": 115600, "typical_volume": 247345.0, "trend": 6.818449, "fair_value": 4.391543, "relative_strength": 65.912865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.827728, "energy": 39.862445, "activity_lines": [ 9.744, 9.926, 8.95919, 8.057916 ] }, { "date": "2026-06-12", "close": 11.0, "volume": 72000, "typical_volume": 244500.0, "trend": 7.06571, "fair_value": 4.438403, "relative_strength": 90.629578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.374928, "energy": 44.523217, "activity_lines": [ 10.101333, 10.162, 9.242429, 8.327693 ] }, { "date": "2026-06-19", "close": 10.66, "volume": 12700, "typical_volume": 235405.0, "trend": 7.301638, "fair_value": 4.484908, "relative_strength": 83.726376, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.465159, "energy": 47.266391, "activity_lines": [ 10.313333, 10.261273, 9.46519, 8.559583 ] }, { "date": "2026-06-26", "close": 11.25, "volume": 56100, "typical_volume": 226030.0, "trend": 7.550948, "fair_value": 4.535305, "relative_strength": 84.618432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.493753, "energy": 52.210483, "activity_lines": [ 10.691333, 10.435818, 9.719095, 8.814316 ] }, { "date": "2026-07-03", "close": 10.27, "volume": 28400, "typical_volume": 217470.0, "trend": 7.75981, "fair_value": 4.577707, "relative_strength": 64.6166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.663139, "energy": 47.220437, "activity_lines": [ 10.638667, 10.424545, 9.854667, 8.989739 ] }, { "date": "2026-07-10", "close": 9.6, "volume": 101600, "typical_volume": 219585.0, "trend": 7.94604, "fair_value": 4.618466, "relative_strength": 48.575479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.672009, "energy": 38.488164, "activity_lines": [ 10.343333, 10.276545, 9.907762, 9.108461 ] }, { "date": "2026-07-17", "close": 9.43, "volume": 172000, "typical_volume": 217065.0, "trend": 8.101765, "fair_value": 4.657197, "relative_strength": 47.304385, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.046556, "energy": 25.440946, "activity_lines": [ 9.968, 10.128909, 9.929048, 9.2042 ] }, { "date": "2026-07-24", "close": 8.6, "volume": 169900, "typical_volume": 212260.0, "trend": 8.225333, "fair_value": 4.690441, "relative_strength": 32.546985, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.373404, "energy": 14.924157, "activity_lines": [ 9.420667, 9.850182, 9.857952, 9.236344 ] }, { "date": "2026-07-31", "close": 8.3, "volume": 212400, "typical_volume": 210465.0, "trend": 8.342, "fair_value": 4.721872, "relative_strength": 23.841525, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.083112, "energy": 26.211254, "activity_lines": [ 8.910667, 9.546, 9.751762, 9.241161 ] }, { "date": "2026-08-07", "close": 8.05, "volume": 112700, "typical_volume": 204255.0, "trend": 8.432333, "fair_value": 4.753304, "relative_strength": 22.621946, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -14.982693, "energy": 39.96428, "activity_lines": [ 8.514, 9.221636, 9.615429, 9.222323 ] } ], "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." } } }