{ "ticker": { "uuid": "783dd2b1-7df6-47fb-a08f-5e5a85834bf0", "symbol": "CLPR", "name": "Clipper Realty Inc", "exchange": "NYSE", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -51.374, "architecture_energy": 35.39, "architecture_maturity": 13.052, "architecture_confidence": 95.149, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 34.85, "rotation_up": 17.51, "upward_expansion": 4.94, "deceleration": 46.2, "rotation_down": 49.68, "downward_expansion": 75.94 }, "activity_lines": [ 2.852667, 2.887273, 2.954835, 2.984751 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 2.86, "trend_reference": 3.052777, "distance_from_trend": -0.063148, "trend_direction": "Weakening", "fair_value": 3.618118, "distance_from_fair_value": -0.209534, "fair_value_direction": "Weakening", "relative_strength": -22.27291, "relative_strength_direction": "Weakening", "price_momentum": -0.131416, "excess_performance": -0.257041, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.063148, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.038785, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.209534, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.00514, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.222729, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.002337, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.131416, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.649709, "read": "Supply-led" } ], "volume": { "latest": 220915, "relative_activity": 0.512503, "balance": 0.649709, "dry_up": 0.477039, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.081018, "annualized_volatility": 0.368584, "from_high_reference": -0.323668, "from_low_reference": 0.062526 }, "levels": { "trend_reference": 3.052777, "fair_value_reference": 3.618118, "structural_low": 2.6917, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": -0.008035, "positive_rate": 0.46875, "directional_follow_through": 0.53125, "median_excess_return": -0.034186, "regime_survival": 0.8125, "best_return": 0.18884, "worst_return": -0.196994, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.034147, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.098145, "regime_survival": 0.5, "best_return": 0.343356, "worst_return": -0.218517, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.13153, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.156564, "regime_survival": 0.571429, "best_return": 0.410669, "worst_return": -0.307482, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.188525, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.459234, "regime_survival": 1.0, "best_return": 0.132268, "worst_return": -0.398569, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-08", "end": "2024-08-02", "tenure": "Established", "return": -0.08617, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-16", "tenure": "New", "return": 0.062342, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-23", "end": "2024-09-13", "tenure": "New", "return": 0.159827, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2024-11-22", "tenure": "Developing", "return": -0.006089, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-01-17", "tenure": "Developing", "return": -0.215415, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-07", "tenure": "New", "return": -0.017413, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-05-16", "tenure": "Established", "return": 0.045214, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-08-29", "tenure": "Established", "return": 0.192066, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-31", "tenure": "Developing", "return": -0.117914, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.026882, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-19", "tenure": "New", "return": -0.058333, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-06-05", "tenure": "Established", "return": -0.040012, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-07-10", "tenure": "Developing", "return": -0.130303, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.010381, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.694053, "volume": 161517, "typical_volume": 254468.65, "trend": 4.475968, "fair_value": 5.331417, "relative_strength": -10.577737, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.740113, "energy": 31.148074, "activity_lines": [ 4.771926, 4.704276, 4.489927, 4.434989 ] }, { "date": "2023-08-25", "close": 4.54015, "volume": 179969, "typical_volume": 248115.55, "trend": 4.457885, "fair_value": 5.332928, "relative_strength": -13.50171, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.8822, "energy": 19.787434, "activity_lines": [ 4.684222, 4.694391, 4.510382, 4.43913 ] }, { "date": "2023-09-01", "close": 4.594016, "volume": 153730, "typical_volume": 240835.7, "trend": 4.438669, "fair_value": 5.334573, "relative_strength": -13.88261, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 37.657776, "energy": 19.365124, "activity_lines": [ 4.637623, 4.687249, 4.53253, 4.447913 ] }, { "date": "2023-09-08", "close": 4.570931, "volume": 221409, "typical_volume": 239707.5, "trend": 4.424053, "fair_value": 5.338813, "relative_strength": -12.500469, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.75129, "energy": 19.35964, "activity_lines": [ 4.59531, 4.670912, 4.551445, 4.456446 ] }, { "date": "2023-09-15", "close": 4.255429, "volume": 364724, "typical_volume": 245113.7, "trend": 4.400386, "fair_value": 5.339976, "relative_strength": -17.663617, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.856837, "energy": 15.257441, "activity_lines": [ 4.474485, 4.592219, 4.537225, 4.445567 ] }, { "date": "2023-09-22", "close": 4.124611, "volume": 276636, "typical_volume": 244859.25, "trend": 4.374799, "fair_value": 5.340764, "relative_strength": -17.028142, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.728998, "energy": 25.440299, "activity_lines": [ 4.33905, 4.492551, 4.508891, 4.427775 ] }, { "date": "2023-09-29", "close": 3.986098, "volume": 235228, "typical_volume": 245461.35, "trend": 4.343618, "fair_value": 5.34058, "relative_strength": -18.583519, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.96195, "energy": 39.872521, "activity_lines": [ 4.195407, 4.379088, 4.467468, 4.402697 ] }, { "date": "2023-10-06", "close": 3.755243, "volume": 316181, "typical_volume": 248651.1, "trend": 4.312066, "fair_value": 5.336848, "relative_strength": -23.045619, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.449506, "energy": 60.347311, "activity_lines": [ 4.011749, 4.240039, 4.404128, 4.364738 ] }, { "date": "2023-10-13", "close": 3.816804, "volume": 285999, "typical_volume": 250246.05, "trend": 4.291599, "fair_value": 5.335579, "relative_strength": -21.513129, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.312895, "energy": 64.919217, "activity_lines": [ 3.904529, 4.1307, 4.346882, 4.332785 ] }, { "date": "2023-10-20", "close": 3.770633, "volume": 153713, "typical_volume": 251554.75, "trend": 4.273132, "fair_value": 5.334477, "relative_strength": -19.931841, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.374597, "energy": 68.962001, "activity_lines": [ 3.832194, 4.033948, 4.286549, 4.299174 ] }, { "date": "2023-10-27", "close": 3.585949, "volume": 203202, "typical_volume": 250758.4, "trend": 4.250246, "fair_value": 5.333753, "relative_strength": -21.245667, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.525392, "energy": 69.736387, "activity_lines": [ 3.730618, 3.920339, 4.211202, 4.25484 ] }, { "date": "2023-11-03", "close": 3.755243, "volume": 191213, "typical_volume": 247330.7, "trend": 4.248138, "fair_value": 5.335042, "relative_strength": -21.446006, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.262037, "energy": 66.593156, "activity_lines": [ 3.721384, 3.857659, 4.15482, 4.222904 ] }, { "date": "2023-11-10", "close": 3.809109, "volume": 190527, "typical_volume": 230661.7, "trend": 4.229217, "fair_value": 5.335453, "relative_strength": -20.725081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.881746, "energy": 51.526117, "activity_lines": [ 3.745496, 3.819043, 4.10546, 4.19458 ] }, { "date": "2023-11-17", "close": 3.807275, "volume": 227110, "typical_volume": 228763.85, "trend": 4.22537, "fair_value": 5.334146, "relative_strength": -21.773998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.482682, "energy": 44.531869, "activity_lines": [ 3.765405, 3.794365, 4.058353, 4.167358 ] }, { "date": "2023-11-24", "close": 3.862225, "volume": 213837, "typical_volume": 228202.5, "trend": 4.223851, "fair_value": 5.332162, "relative_strength": -20.659329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.164742, "energy": 31.759444, "activity_lines": [ 3.804266, 3.793562, 4.018809, 4.143929 ] }, { "date": "2023-12-01", "close": 4.074176, "volume": 338399, "typical_volume": 235903.55, "trend": 4.221457, "fair_value": 5.329566, "relative_strength": -16.283118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.283964, "energy": 21.523283, "activity_lines": [ 3.907671, 3.838445, 4.002059, 4.134273 ] }, { "date": "2023-12-08", "close": 4.333228, "volume": 166253, "typical_volume": 229895.85, "trend": 4.232537, "fair_value": 5.329273, "relative_strength": -10.431191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.853057, "energy": 15.911665, "activity_lines": [ 4.064879, 3.931346, 4.013203, 4.141484 ] }, { "date": "2023-12-15", "close": 3.885775, "volume": 392367, "typical_volume": 245581.5, "trend": 4.235268, "fair_value": 5.326326, "relative_strength": -20.745289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.647155, "energy": 20.710812, "activity_lines": [ 4.034403, 3.936579, 3.984372, 4.119112 ] }, { "date": "2023-12-22", "close": 4.317528, "volume": 309707, "typical_volume": 241550.1, "trend": 4.242794, "fair_value": 5.326232, "relative_strength": -12.219601, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.849023, "energy": 13.129103, "activity_lines": [ 4.142733, 4.017941, 4.000889, 4.124419 ] }, { "date": "2023-12-29", "close": 4.239028, "volume": 280411, "typical_volume": 243106.6, "trend": 4.240377, "fair_value": 5.323193, "relative_strength": -13.5522, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.402325, "energy": 15.644009, "activity_lines": [ 4.190881, 4.075925, 4.01304, 4.124176 ] }, { "date": "2024-01-05", "close": 4.113427, "volume": 275988, "typical_volume": 248830.15, "trend": 4.238068, "fair_value": 5.318834, "relative_strength": -14.091658, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.302994, "energy": 12.33149, "activity_lines": [ 4.172041, 4.102556, 4.015378, 4.115986 ] }, { "date": "2024-01-12", "close": 4.082027, "volume": 210262, "typical_volume": 250344.8, "trend": 4.235723, "fair_value": 5.313031, "relative_strength": -15.591714, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.280743, "energy": 12.240521, "activity_lines": [ 4.140117, 4.113888, 4.017491, 4.105919 ] }, { "date": "2024-01-19", "close": 3.964276, "volume": 97110, "typical_volume": 247513.8, "trend": 4.223896, "fair_value": 5.307287, "relative_strength": -18.274674, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.013743, "energy": 11.978659, "activity_lines": [ 4.08569, 4.09787, 4.010571, 4.088406 ] }, { "date": "2024-01-26", "close": 3.995676, "volume": 136399, "typical_volume": 243263.3, "trend": 4.213873, "fair_value": 5.302859, "relative_strength": -17.757565, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.116067, "energy": 16.588091, "activity_lines": [ 4.036496, 4.084739, 4.00964, 4.073682 ] }, { "date": "2024-02-02", "close": 3.972126, "volume": 255583, "typical_volume": 237806.25, "trend": 4.199276, "fair_value": 5.296051, "relative_strength": -18.65305, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.87036, "energy": 20.149526, "activity_lines": [ 4.00091, 4.0639, 4.009205, 4.058085 ] }, { "date": "2024-02-09", "close": 3.940726, "volume": 174837, "typical_volume": 232716.3, "trend": 4.172267, "fair_value": 5.288143, "relative_strength": -19.679434, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.388548, "energy": 22.9999, "activity_lines": [ 3.972649, 4.035355, 4.007129, 4.041405 ] }, { "date": "2024-02-16", "close": 3.862225, "volume": 195727, "typical_volume": 230741.25, "trend": 4.138095, "fair_value": 5.280245, "relative_strength": -20.285395, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.051084, "energy": 31.133063, "activity_lines": [ 3.929736, 3.994963, 3.998453, 4.021402 ] }, { "date": "2024-02-23", "close": 3.807275, "volume": 145822, "typical_volume": 222223.3, "trend": 4.10588, "fair_value": 5.267238, "relative_strength": -21.930774, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.239998, "energy": 41.091069, "activity_lines": [ 3.883159, 3.953143, 3.985133, 4.000059 ] }, { "date": "2024-03-01", "close": 3.658124, "volume": 224273, "typical_volume": 219137.0, "trend": 4.062126, "fair_value": 5.256275, "relative_strength": -24.934299, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.509208, "energy": 58.098845, "activity_lines": [ 3.797332, 3.885633, 3.95736, 3.971171 ] }, { "date": "2024-03-08", "close": 3.909325, "volume": 177425, "typical_volume": 220322.6, "trend": 4.03609, "fair_value": 5.245765, "relative_strength": -18.825282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.311531, "energy": 48.290221, "activity_lines": [ 3.817741, 3.875784, 3.954267, 3.961313 ] }, { "date": "2024-03-15", "close": 3.854375, "volume": 307903, "typical_volume": 225557.65, "trend": 4.008101, "fair_value": 5.237345, "relative_strength": -19.267768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.69588, "energy": 40.37666, "activity_lines": [ 3.824021, 3.86194, 3.94528, 3.94959 ] }, { "date": "2024-03-22", "close": 3.595323, "volume": 217872, "typical_volume": 226890.6, "trend": 3.976607, "fair_value": 5.226124, "relative_strength": -25.698839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.118746, "energy": 52.731782, "activity_lines": [ 3.749708, 3.805705, 3.910343, 3.922959 ] }, { "date": "2024-03-29", "close": 3.872337, "volume": 243258, "typical_volume": 229527.15, "trend": 3.952551, "fair_value": 5.216115, "relative_strength": -19.72899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.584841, "energy": 27.191385, "activity_lines": [ 3.785525, 3.808685, 3.902551, 3.916232 ] }, { "date": "2024-04-05", "close": 3.695957, "volume": 194231, "typical_volume": 227883.2, "trend": 3.923385, "fair_value": 5.201332, "relative_strength": -22.320728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.396432, "energy": 32.162888, "activity_lines": [ 3.758212, 3.781268, 3.877658, 3.899677 ] }, { "date": "2024-04-12", "close": 3.487508, "volume": 232499, "typical_volume": 228816.3, "trend": 3.897788, "fair_value": 5.188162, "relative_strength": -24.995104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.442961, "energy": 53.656256, "activity_lines": [ 3.658893, 3.7214, 3.833444, 3.871556 ] }, { "date": "2024-04-19", "close": 3.238973, "volume": 657381, "typical_volume": 244765.4, "trend": 3.868266, "fair_value": 5.173312, "relative_strength": -27.657048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.772234, "energy": 63.6956, "activity_lines": [ 3.504851, 3.625156, 3.767344, 3.829052 ] }, { "date": "2024-04-26", "close": 3.182852, "volume": 276108, "typical_volume": 250258.15, "trend": 3.841492, "fair_value": 5.158016, "relative_strength": -30.257766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.856515, "energy": 74.377747, "activity_lines": [ 3.373128, 3.531467, 3.699877, 3.784832 ] }, { "date": "2024-05-03", "close": 3.311129, "volume": 425720, "typical_volume": 251925.8, "trend": 3.826688, "fair_value": 5.141416, "relative_strength": -27.298012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.705825, "energy": 72.209798, "activity_lines": [ 3.311663, 3.473453, 3.650104, 3.750615 ] }, { "date": "2024-05-10", "close": 3.214921, "volume": 612582, "typical_volume": 267069.55, "trend": 3.806625, "fair_value": 5.126369, "relative_strength": -30.148364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.969052, "energy": 72.184968, "activity_lines": [ 3.255542, 3.406968, 3.593905, 3.711146 ] }, { "date": "2024-05-17", "close": 3.206904, "volume": 435630, "typical_volume": 274830.5, "trend": 3.787834, "fair_value": 5.110894, "relative_strength": -30.980729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.210284, "energy": 65.567461, "activity_lines": [ 3.228818, 3.347083, 3.542193, 3.672454 ] }, { "date": "2024-05-24", "close": 3.145408, "volume": 397919, "typical_volume": 280927.05, "trend": 3.773149, "fair_value": 5.095509, "relative_strength": -31.712985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.419989, "energy": 54.262139, "activity_lines": [ 3.200302, 3.288788, 3.489539, 3.631007 ] }, { "date": "2024-05-31", "close": 3.202896, "volume": 256264, "typical_volume": 283227.15, "trend": 3.754738, "fair_value": 5.081808, "relative_strength": -29.545853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.412505, "energy": 47.247482, "activity_lines": [ 3.197186, 3.253837, 3.44697, 3.594217 ] }, { "date": "2024-06-07", "close": 3.05507, "volume": 814690, "typical_volume": 319106.15, "trend": 3.729603, "fair_value": 5.06659, "relative_strength": -33.012987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.162089, "energy": 49.716583, "activity_lines": [ 3.143459, 3.199142, 3.394508, 3.549077 ] }, { "date": "2024-06-14", "close": 3.014007, "volume": 499902, "typical_volume": 337281.3, "trend": 3.703161, "fair_value": 5.053302, "relative_strength": -34.390515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.664284, "energy": 52.173702, "activity_lines": [ 3.093115, 3.151841, 3.342465, 3.50291 ] }, { "date": "2024-06-21", "close": 2.923669, "volume": 476373, "typical_volume": 348320.8, "trend": 3.671876, "fair_value": 5.03768, "relative_strength": -36.077136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.676807, "energy": 63.054869, "activity_lines": [ 3.026052, 3.100515, 3.286493, 3.45262 ] }, { "date": "2024-06-28", "close": 2.964732, "volume": 616104, "typical_volume": 370384.15, "trend": 3.634894, "fair_value": 5.02412, "relative_strength": -34.487728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.866501, "energy": 64.210453, "activity_lines": [ 2.99156, 3.066905, 3.239425, 3.406998 ] }, { "date": "2024-07-05", "close": 2.890819, "volume": 345713, "typical_volume": 377883.45, "trend": 3.586814, "fair_value": 5.007937, "relative_strength": -36.590027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.12596, "energy": 64.110736, "activity_lines": [ 2.944474, 3.024844, 3.189965, 3.358993 ] }, { "date": "2024-07-12", "close": 3.071495, "volume": 507301, "typical_volume": 395957.4, "trend": 3.559671, "fair_value": 4.991638, "relative_strength": -32.442581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.50998, "energy": 48.096871, "activity_lines": [ 2.978419, 3.020942, 3.162338, 3.325746 ] }, { "date": "2024-07-19", "close": 3.293234, "volume": 691819, "typical_volume": 419334.7, "trend": 3.525528, "fair_value": 4.976586, "relative_strength": -25.235392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.334897, "energy": 31.840069, "activity_lines": [ 3.085183, 3.061713, 3.159332, 3.308557 ] }, { "date": "2024-07-26", "close": 3.268596, "volume": 448520, "typical_volume": 432889.45, "trend": 3.49318, "fair_value": 4.961024, "relative_strength": -24.342068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.477571, "energy": 20.524589, "activity_lines": [ 3.165118, 3.096581, 3.155718, 3.291981 ] }, { "date": "2024-08-02", "close": 3.57246, "volume": 620154, "typical_volume": 448502.0, "trend": 3.475148, "fair_value": 4.94684, "relative_strength": -14.570121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.870593, "energy": 19.446216, "activity_lines": [ 3.323346, 3.185575, 3.184094, 3.297095 ] }, { "date": "2024-08-09", "close": 3.531398, "volume": 481425, "typical_volume": 461679.65, "trend": 3.456794, "fair_value": 4.934851, "relative_strength": -14.720483, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.971076, "energy": 25.80924, "activity_lines": [ 3.427372, 3.259338, 3.209902, 3.300724 ] }, { "date": "2024-08-16", "close": 3.751553, "volume": 373379, "typical_volume": 468185.7, "trend": 3.449703, "fair_value": 4.923974, "relative_strength": -11.987224, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.607586, "energy": 43.790144, "activity_lines": [ 3.562078, 3.367157, 3.256982, 3.319741 ] }, { "date": "2024-08-23", "close": 3.885837, "volume": 339385, "typical_volume": 475443.4, "trend": 3.446042, "fair_value": 4.911959, "relative_strength": -9.299467, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.737284, "energy": 60.976678, "activity_lines": [ 3.696207, 3.486728, 3.317425, 3.347879 ] }, { "date": "2024-08-30", "close": 4.129226, "volume": 246668, "typical_volume": 476151.85, "trend": 3.451278, "fair_value": 4.899905, "relative_strength": -3.150421, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.441536, "energy": 74.672504, "activity_lines": [ 3.87196, 3.634701, 3.400144, 3.391955 ] }, { "date": "2024-09-06", "close": 4.104048, "volume": 251379, "typical_volume": 455851.75, "trend": 3.456723, "fair_value": 4.889466, "relative_strength": 1.135535, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.498049, "energy": 75.678366, "activity_lines": [ 3.981944, 3.756176, 3.47741, 3.434069 ] }, { "date": "2024-09-13", "close": 4.506899, "volume": 280195, "typical_volume": 456056.1, "trend": 3.478212, "fair_value": 4.881432, "relative_strength": 7.245639, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 87.26046, "energy": 90.234097, "activity_lines": [ 4.190773, 3.930182, 3.588923, 3.501823 ] }, { "date": "2024-09-20", "close": 4.431365, "volume": 590698, "typical_volume": 464305.0, "trend": 3.499015, "fair_value": 4.873714, "relative_strength": 4.483792, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.53051, "energy": 86.860582, "activity_lines": [ 4.30939, 4.061071, 3.686937, 3.563316 ] }, { "date": "2024-09-27", "close": 4.741896, "volume": 424931, "typical_volume": 454922.45, "trend": 3.53514, "fair_value": 4.867942, "relative_strength": 11.506961, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.395204, "energy": 85.886178, "activity_lines": [ 4.486197, 4.223695, 3.809192, 3.643502 ] }, { "date": "2024-10-04", "close": 4.867787, "volume": 427998, "typical_volume": 454540.85, "trend": 3.567089, "fair_value": 4.862177, "relative_strength": 14.273587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.855321, "energy": 85.527657, "activity_lines": [ 4.647897, 4.38287, 3.936164, 3.729479 ] }, { "date": "2024-10-11", "close": 5.077605, "volume": 242627, "typical_volume": 446776.25, "trend": 3.607863, "fair_value": 4.85869, "relative_strength": 17.904158, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.041786, "energy": 85.589259, "activity_lines": [ 4.830299, 4.551117, 4.07521, 3.826932 ] }, { "date": "2024-10-18", "close": 5.547598, "volume": 796120, "typical_volume": 473769.05, "trend": 3.672939, "fair_value": 4.854662, "relative_strength": 27.576261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.786787, "energy": 89.513802, "activity_lines": [ 5.104462, 4.77745, 4.249817, 3.952076 ] }, { "date": "2024-10-25", "close": 5.362958, "volume": 539445, "typical_volume": 460006.8, "trend": 3.722627, "fair_value": 4.850916, "relative_strength": 24.379878, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.56791, "energy": 82.862821, "activity_lines": [ 5.247698, 4.933555, 4.395673, 4.06111 ] }, { "date": "2024-11-01", "close": 4.951714, "volume": 764868, "typical_volume": 473255.1, "trend": 3.764485, "fair_value": 4.839157, "relative_strength": 16.476488, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.521576, "energy": 63.599556, "activity_lines": [ 5.191746, 4.98559, 4.491374, 4.140406 ] }, { "date": "2024-11-08", "close": 5.144747, "volume": 663477, "typical_volume": 482610.3, "trend": 3.819727, "fair_value": 4.831613, "relative_strength": 15.572804, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.758985, "energy": 57.650185, "activity_lines": [ 5.186151, 5.053342, 4.596231, 4.229455 ] }, { "date": "2024-11-15", "close": 4.52388, "volume": 417569, "typical_volume": 472683.55, "trend": 3.862557, "fair_value": 4.819795, "relative_strength": 4.008788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.496044, "energy": 37.946396, "activity_lines": [ 4.955136, 4.989746, 4.631382, 4.274884 ] }, { "date": "2024-11-22", "close": 4.404381, "volume": 284833, "typical_volume": 469639.55, "trend": 3.903274, "fair_value": 4.806269, "relative_strength": -0.087238, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.377762, "energy": 23.728619, "activity_lines": [ 4.721203, 4.896789, 4.647727, 4.309841 ] }, { "date": "2024-11-29", "close": 4.319025, "volume": 235838, "typical_volume": 456066.4, "trend": 3.936871, "fair_value": 4.793228, "relative_strength": -2.706541, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.328098, "energy": 24.006805, "activity_lines": [ 4.535033, 4.790176, 4.648736, 4.336663 ] }, { "date": "2024-12-06", "close": 4.020278, "volume": 748285, "typical_volume": 458889.7, "trend": 3.963716, "fair_value": 4.778631, "relative_strength": -9.5283, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.209384, "energy": 20.785639, "activity_lines": [ 4.318876, 4.631289, 4.615352, 4.342044 ] }, { "date": "2024-12-13", "close": 3.721532, "volume": 345955, "typical_volume": 453761.45, "trend": 3.98087, "fair_value": 4.762523, "relative_strength": -15.262232, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.567988, "energy": 30.224014, "activity_lines": [ 4.065233, 4.431204, 4.550054, 4.326419 ] }, { "date": "2024-12-20", "close": 4.950661, "volume": 3831293, "typical_volume": 614318.4, "trend": 4.041046, "fair_value": 4.751017, "relative_strength": 15.093378, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.73089, "energy": 20.086469, "activity_lines": [ 4.31618, 4.475439, 4.599658, 4.388987 ] }, { "date": "2024-12-27", "close": 3.960529, "volume": 602402, "typical_volume": 620367.25, "trend": 4.0663, "fair_value": 4.731771, "relative_strength": -7.944416, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.298514, "energy": 15.188421, "activity_lines": [ 4.208631, 4.341957, 4.548402, 4.383792 ] }, { "date": "2025-01-03", "close": 3.883708, "volume": 507824, "typical_volume": 627089.5, "trend": 4.093921, "fair_value": 4.712617, "relative_strength": -8.69446, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.494371, "energy": 15.056888, "activity_lines": [ 4.105065, 4.223364, 4.487786, 4.372012 ] }, { "date": "2025-01-10", "close": 3.397178, "volume": 438387, "typical_volume": 632039.6, "trend": 4.106694, "fair_value": 4.689535, "relative_strength": -17.936438, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.09577, "energy": 26.123237, "activity_lines": [ 3.868344, 4.043206, 4.380205, 4.327061 ] }, { "date": "2025-01-17", "close": 3.388642, "volume": 500048, "typical_volume": 644708.6, "trend": 4.122193, "fair_value": 4.670485, "relative_strength": -19.910889, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.659802, "energy": 55.000156, "activity_lines": [ 3.670318, 3.889761, 4.274137, 4.280735 ] }, { "date": "2025-01-24", "close": 3.43132, "volume": 421826, "typical_volume": 653230.95, "trend": 4.137746, "fair_value": 4.651619, "relative_strength": -19.70829, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.964079, "energy": 57.695766, "activity_lines": [ 3.50871, 3.776004, 4.175661, 4.236162 ] }, { "date": "2025-01-31", "close": 3.482534, "volume": 385010, "typical_volume": 658471.7, "trend": 4.157469, "fair_value": 4.633306, "relative_strength": -17.144148, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.894413, "energy": 58.67962, "activity_lines": [ 3.465463, 3.691424, 4.085266, 4.193891 ] }, { "date": "2025-02-07", "close": 3.371571, "volume": 416249, "typical_volume": 649749.25, "trend": 4.167472, "fair_value": 4.614551, "relative_strength": -19.120322, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.527537, "energy": 67.047067, "activity_lines": [ 3.417094, 3.603429, 3.98918, 4.143187 ] }, { "date": "2025-02-14", "close": 3.473999, "volume": 398688, "typical_volume": 648437.1, "trend": 4.173497, "fair_value": 4.593893, "relative_strength": -17.395423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.94824, "energy": 57.917709, "activity_lines": [ 3.437011, 3.551285, 3.907897, 4.098447 ] }, { "date": "2025-02-21", "close": 3.806888, "volume": 557488, "typical_volume": 654911.6, "trend": 4.191441, "fair_value": 4.575997, "relative_strength": -7.686337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.761237, "energy": 34.411147, "activity_lines": [ 3.562769, 3.569597, 3.864354, 4.074795 ] }, { "date": "2025-02-28", "close": 3.994672, "volume": 191009, "typical_volume": 652330.7, "trend": 4.205514, "fair_value": 4.557375, "relative_strength": -2.056328, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.44957, "energy": 22.394135, "activity_lines": [ 3.723239, 3.620501, 3.843748, 4.0621 ] }, { "date": "2025-03-07", "close": 3.781281, "volume": 267972, "typical_volume": 625923.3, "trend": 4.213844, "fair_value": 4.540393, "relative_strength": -4.033809, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.55342, "energy": 18.857519, "activity_lines": [ 3.775022, 3.649988, 3.807976, 4.03473 ] }, { "date": "2025-03-14", "close": 3.90078, "volume": 282767, "typical_volume": 613089.4, "trend": 4.218818, "fair_value": 4.523234, "relative_strength": 1.505414, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.950994, "energy": 19.798901, "activity_lines": [ 3.846721, 3.704461, 3.791995, 4.014533 ] }, { "date": "2025-03-21", "close": 3.254842, "volume": 3439330, "typical_volume": 746812.5, "trend": 4.197785, "fair_value": 4.5025, "relative_strength": -15.443784, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.556349, "energy": 24.80165, "activity_lines": [ 3.667827, 3.64118, 3.72146, 3.952341 ] }, { "date": "2025-03-28", "close": 3.394836, "volume": 618358, "typical_volume": 744556.55, "trend": 4.173305, "fair_value": 4.482891, "relative_strength": -10.135086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.532156, "energy": 34.718488, "activity_lines": [ 3.550208, 3.60594, 3.672337, 3.900538 ] }, { "date": "2025-04-04", "close": 3.149848, "volume": 644355, "typical_volume": 755895.85, "trend": 4.141498, "fair_value": 4.461576, "relative_strength": -8.05023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.854919, "energy": 58.35554, "activity_lines": [ 3.378397, 3.526045, 3.608215, 3.834508 ] }, { "date": "2025-04-11", "close": 3.132348, "volume": 744515, "typical_volume": 778879.95, "trend": 4.09568, "fair_value": 4.440375, "relative_strength": -13.21144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.698838, "energy": 69.070935, "activity_lines": [ 3.257074, 3.448085, 3.54897, 3.769402 ] }, { "date": "2025-04-18", "close": 3.211095, "volume": 302339, "typical_volume": 782205.0, "trend": 4.055004, "fair_value": 4.419543, "relative_strength": -9.622097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.681647, "energy": 64.912104, "activity_lines": [ 3.205262, 3.390811, 3.503281, 3.712332 ] }, { "date": "2025-04-25", "close": 3.281091, "volume": 458318, "typical_volume": 767706.65, "trend": 4.006311, "fair_value": 4.400067, "relative_strength": -11.619183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.450836, "energy": 56.114129, "activity_lines": [ 3.222761, 3.34918, 3.469535, 3.662402 ] }, { "date": "2025-05-02", "close": 3.289841, "volume": 456644, "typical_volume": 773241.1, "trend": 3.953713, "fair_value": 4.381327, "relative_strength": -13.718491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.78896, "energy": 38.993803, "activity_lines": [ 3.241427, 3.312648, 3.440142, 3.616178 ] }, { "date": "2025-05-09", "close": 3.50858, "volume": 522177, "typical_volume": 607785.3, "trend": 3.901412, "fair_value": 4.36476, "relative_strength": -7.578183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.233971, "energy": 24.833643, "activity_lines": [ 3.340005, 3.325287, 3.433637, 3.58746 ] }, { "date": "2025-05-16", "close": 3.631074, "volume": 432564, "typical_volume": 599293.4, "trend": 3.837528, "fair_value": 4.347494, "relative_strength": -9.152067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.247464, "energy": 14.150903, "activity_lines": [ 3.455499, 3.369036, 3.445665, 3.570018 ] }, { "date": "2025-05-23", "close": 3.447333, "volume": 251129, "typical_volume": 586458.65, "trend": 3.773674, "fair_value": 4.330196, "relative_strength": -11.485635, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.335948, "energy": 16.210325, "activity_lines": [ 3.476498, 3.382109, 3.441763, 3.544845 ] }, { "date": "2025-05-30", "close": 3.405416, "volume": 221435, "typical_volume": 575611.05, "trend": 3.72213, "fair_value": 4.3124, "relative_strength": -13.995354, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.892514, "energy": 16.501096, "activity_lines": [ 3.467776, 3.395805, 3.435947, 3.521086 ] }, { "date": "2025-06-06", "close": 3.495032, "volume": 753457, "typical_volume": 588281.5, "trend": 3.66714, "fair_value": 4.297564, "relative_strength": -13.178382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.077811, "energy": 14.186529, "activity_lines": [ 3.480637, 3.423057, 3.438626, 3.506435 ] }, { "date": "2025-06-13", "close": 3.396454, "volume": 290759, "typical_volume": 581728.15, "trend": 3.629559, "fair_value": 4.284343, "relative_strength": -15.340706, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.867983, "energy": 13.168858, "activity_lines": [ 3.446959, 3.430564, 3.43141, 3.488971 ] }, { "date": "2025-06-20", "close": 3.423339, "volume": 210444, "typical_volume": 572999.85, "trend": 3.596858, "fair_value": 4.270331, "relative_strength": -14.61234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.50939, "energy": 13.912927, "activity_lines": [ 3.429718, 3.438475, 3.426921, 3.475666 ] }, { "date": "2025-06-27", "close": 3.351646, "volume": 836640, "typical_volume": 594019.4, "trend": 3.564612, "fair_value": 4.255814, "relative_strength": -19.190384, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.104185, "energy": 18.091228, "activity_lines": [ 3.402429, 3.428061, 3.415886, 3.459846 ] }, { "date": "2025-07-04", "close": 3.468147, "volume": 302777, "typical_volume": 589223.85, "trend": 3.546207, "fair_value": 4.240484, "relative_strength": -17.839222, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.414644, "energy": 15.135919, "activity_lines": [ 3.420352, 3.436273, 3.416041, 3.453623 ] }, { "date": "2025-07-11", "close": 3.253068, "volume": 382919, "typical_volume": 580495.4, "trend": 3.530592, "fair_value": 4.223271, "relative_strength": -22.64773, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.289344, "energy": 28.052966, "activity_lines": [ 3.3624, 3.401979, 3.39574, 3.434711 ] }, { "date": "2025-07-18", "close": 3.647379, "volume": 567645, "typical_volume": 599327.2, "trend": 3.487149, "fair_value": 4.207164, "relative_strength": -13.754659, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.495748, "energy": 3.509015, "activity_lines": [ 3.452016, 3.440046, 3.41563, 3.442245 ] }, { "date": "2025-07-25", "close": 3.324761, "volume": 350727, "typical_volume": 603464.95, "trend": 3.465957, "fair_value": 4.187154, "relative_strength": -22.367541, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.322197, "energy": 11.071965, "activity_lines": [ 3.417364, 3.416932, 3.406448, 3.431769 ] }, { "date": "2025-08-01", "close": 3.082797, "volume": 538140, "typical_volume": 616233.6, "trend": 3.43926, "fair_value": 4.166557, "relative_strength": -25.84875, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.605814, "energy": 37.568597, "activity_lines": [ 3.30863, 3.355393, 3.376395, 3.407049 ] }, { "date": "2025-08-08", "close": 3.59361, "volume": 452033, "typical_volume": 466868.75, "trend": 3.445807, "fair_value": 4.147674, "relative_strength": -15.399438, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.787034, "energy": 9.497883, "activity_lines": [ 3.38809, 3.393358, 3.398887, 3.417007 ] }, { "date": "2025-08-15", "close": 3.423339, "volume": 500234, "typical_volume": 460962.55, "trend": 3.446964, "fair_value": 4.129101, "relative_strength": -19.837832, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.387458, "energy": 13.377725, "activity_lines": [ 3.402428, 3.396943, 3.403549, 3.415557 ] }, { "date": "2025-08-22", "close": 3.852607, "volume": 627275, "typical_volume": 460108.55, "trend": 3.461007, "fair_value": 4.114669, "relative_strength": -9.778513, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.38345, "energy": 27.605885, "activity_lines": [ 3.548505, 3.47988, 3.448959, 3.441728 ] }, { "date": "2025-08-29", "close": 4.109448, "volume": 442945, "typical_volume": 445030.05, "trend": 3.481904, "fair_value": 4.102117, "relative_strength": -3.431462, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.799349, "energy": 60.921269, "activity_lines": [ 3.766513, 3.601221, 3.515482, 3.483563 ] }, { "date": "2025-09-05", "close": 4.045237, "volume": 196472, "typical_volume": 439736.7, "trend": 3.50436, "fair_value": 4.088688, "relative_strength": -4.862823, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.951048, "energy": 69.701337, "activity_lines": [ 3.910806, 3.698413, 3.571238, 3.519907 ] }, { "date": "2025-09-12", "close": 4.008546, "volume": 267353, "typical_volume": 430188.45, "trend": 3.522178, "fair_value": 4.077065, "relative_strength": -6.631653, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.835951, "energy": 71.959483, "activity_lines": [ 3.978705, 3.776324, 3.619527, 3.552435 ] }, { "date": "2025-09-19", "close": 3.770051, "volume": 347239, "typical_volume": 424718.2, "trend": 3.52095, "fair_value": 4.065999, "relative_strength": -12.691063, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.549326, "energy": 64.128927, "activity_lines": [ 3.939444, 3.801046, 3.641639, 3.568427 ] }, { "date": "2025-09-26", "close": 3.504038, "volume": 211848, "typical_volume": 409201.75, "trend": 3.504595, "fair_value": 4.056148, "relative_strength": -17.867556, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.965971, "energy": 28.741245, "activity_lines": [ 3.788397, 3.768002, 3.636129, 3.567336 ] }, { "date": "2025-10-03", "close": 3.678322, "volume": 342460, "typical_volume": 404696.55, "trend": 3.501163, "fair_value": 4.048712, "relative_strength": -13.938153, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.236297, "energy": 16.656376, "activity_lines": [ 3.718683, 3.769253, 3.647239, 3.578544 ] }, { "date": "2025-10-10", "close": 3.467346, "volume": 396835, "typical_volume": 411981.85, "trend": 3.486716, "fair_value": 4.040342, "relative_strength": -15.962941, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.039516, "energy": 16.946733, "activity_lines": [ 3.607385, 3.725716, 3.638031, 3.576362 ] }, { "date": "2025-10-17", "close": 3.678322, "volume": 260334, "typical_volume": 413926.8, "trend": 3.500832, "fair_value": 4.03184, "relative_strength": -11.276644, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.982955, "energy": 18.539879, "activity_lines": [ 3.604939, 3.713546, 3.648821, 3.588724 ] }, { "date": "2025-10-24", "close": 3.806743, "volume": 192776, "typical_volume": 385892.75, "trend": 3.514562, "fair_value": 4.022863, "relative_strength": -8.868545, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.640147, "energy": 15.843227, "activity_lines": [ 3.667315, 3.723186, 3.670541, 3.60846 ] }, { "date": "2025-10-31", "close": 3.568248, "volume": 248989, "typical_volume": 383804.25, "trend": 3.528509, "fair_value": 4.01412, "relative_strength": -14.23247, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.7744, "energy": 11.297108, "activity_lines": [ 3.647746, 3.682492, 3.668064, 3.611923 ] }, { "date": "2025-11-07", "close": 3.412309, "volume": 353677, "typical_volume": 390965.9, "trend": 3.537841, "fair_value": 4.002197, "relative_strength": -15.662755, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.223979, "energy": 4.898751, "activity_lines": [ 3.571917, 3.618615, 3.649917, 3.604427 ] }, { "date": "2025-11-14", "close": 3.366445, "volume": 231115, "typical_volume": 360689.65, "trend": 3.543019, "fair_value": 3.988567, "relative_strength": -16.164804, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.823955, "energy": 18.339752, "activity_lines": [ 3.498534, 3.559075, 3.627455, 3.593369 ] }, { "date": "2025-11-21", "close": 3.32058, "volume": 339144, "typical_volume": 362508.0, "trend": 3.544335, "fair_value": 3.974455, "relative_strength": -15.019191, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.246274, "energy": 37.409698, "activity_lines": [ 3.41659, 3.503537, 3.600554, 3.579018 ] }, { "date": "2025-11-28", "close": 3.386793, "volume": 197124, "typical_volume": 353218.25, "trend": 3.547567, "fair_value": 3.96119, "relative_strength": -15.786361, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.26328, "energy": 41.00789, "activity_lines": [ 3.380566, 3.472547, 3.580662, 3.568854 ] }, { "date": "2025-12-05", "close": 3.179822, "volume": 430858, "typical_volume": 346378.9, "trend": 3.536608, "fair_value": 3.94688, "relative_strength": -20.664673, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.227105, "energy": 52.538873, "activity_lines": [ 3.303548, 3.410894, 3.540422, 3.545128 ] }, { "date": "2025-12-12", "close": 3.18923, "volume": 406561, "typical_volume": 349170.6, "trend": 3.52188, "fair_value": 3.933616, "relative_strength": -19.559485, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.841123, "energy": 51.643055, "activity_lines": [ 3.255561, 3.356846, 3.503304, 3.522717 ] }, { "date": "2025-12-19", "close": 3.18923, "volume": 286811, "typical_volume": 336604.15, "trend": 3.513277, "fair_value": 3.924202, "relative_strength": -18.640699, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.598534, "energy": 57.658713, "activity_lines": [ 3.222447, 3.311691, 3.466831, 3.501256 ] }, { "date": "2025-12-26", "close": 3.302123, "volume": 410080, "typical_volume": 334506.5, "trend": 3.509834, "fair_value": 3.915323, "relative_strength": -16.402398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.854596, "energy": 50.723579, "activity_lines": [ 3.238777, 3.292118, 3.440604, 3.487633 ] }, { "date": "2026-01-02", "close": 3.349162, "volume": 467333, "typical_volume": 332861.45, "trend": 3.504971, "fair_value": 3.904587, "relative_strength": -13.822811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.880354, "energy": 34.901593, "activity_lines": [ 3.272018, 3.287938, 3.420244, 3.477267 ] }, { "date": "2026-01-09", "close": 3.499686, "volume": 461013, "typical_volume": 324548.35, "trend": 3.508412, "fair_value": 3.894017, "relative_strength": -11.099856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.160728, "energy": 19.38205, "activity_lines": [ 3.357942, 3.319446, 3.414573, 3.476926 ] }, { "date": "2026-01-16", "close": 3.499686, "volume": 312750, "typical_volume": 318038.6, "trend": 3.510957, "fair_value": 3.884152, "relative_strength": -10.584799, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.424216, "energy": 18.144669, "activity_lines": [ 3.422542, 3.3522, 3.410583, 3.476363 ] }, { "date": "2026-01-23", "close": 3.480871, "volume": 175798, "typical_volume": 317004.9, "trend": 3.515265, "fair_value": 3.873884, "relative_strength": -10.551453, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.492635, "energy": 18.680858, "activity_lines": [ 3.460174, 3.379944, 3.407704, 3.474422 ] }, { "date": "2026-01-30", "close": 3.283308, "volume": 348101, "typical_volume": 321042.3, "trend": 3.509104, "fair_value": 3.861787, "relative_strength": -15.643555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.236013, "energy": 19.452757, "activity_lines": [ 3.412508, 3.369688, 3.388698, 3.459457 ] }, { "date": "2026-02-06", "close": 3.292716, "volume": 363143, "typical_volume": 321837.5, "trend": 3.510425, "fair_value": 3.850782, "relative_strength": -14.971921, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.465853, "energy": 15.843115, "activity_lines": [ 3.369232, 3.36182, 3.374041, 3.445496 ] }, { "date": "2026-02-13", "close": 3.170415, "volume": 254903, "typical_volume": 323990.25, "trend": 3.494526, "fair_value": 3.839276, "relative_strength": -16.746801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.586019, "energy": 33.756088, "activity_lines": [ 3.288953, 3.333426, 3.350009, 3.42356 ] }, { "date": "2026-02-20", "close": 3.245677, "volume": 256244, "typical_volume": 319679.45, "trend": 3.49189, "fair_value": 3.828721, "relative_strength": -15.220207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.986724, "energy": 44.152253, "activity_lines": [ 3.255712, 3.318886, 3.334733, 3.407505 ] }, { "date": "2026-02-27", "close": 2.89759, "volume": 361882, "typical_volume": 317931.8, "trend": 3.485717, "fair_value": 3.815747, "relative_strength": -23.247799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.362218, "energy": 68.416028, "activity_lines": [ 3.123376, 3.240032, 3.288367, 3.369164 ] }, { "date": "2026-03-06", "close": 2.935221, "volume": 340151, "typical_volume": 321922.65, "trend": 3.46377, "fair_value": 3.804423, "relative_strength": -20.041027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.917484, "energy": 72.676161, "activity_lines": [ 3.042469, 3.173323, 3.248298, 3.333648 ] }, { "date": "2026-03-13", "close": 2.95787, "volume": 383933, "typical_volume": 331480.5, "trend": 3.448255, "fair_value": 3.794981, "relative_strength": -17.456232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.833967, "energy": 70.293495, "activity_lines": [ 2.992318, 3.117402, 3.213924, 3.301009 ] }, { "date": "2026-03-20", "close": 3.054849, "volume": 497701, "typical_volume": 343916.1, "trend": 3.421663, "fair_value": 3.786841, "relative_strength": -12.838764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.674069, "energy": 64.103268, "activity_lines": [ 2.996816, 3.086229, 3.192829, 3.275628 ] }, { "date": "2026-03-27", "close": 2.841494, "volume": 306742, "typical_volume": 341569.35, "trend": 3.379398, "fair_value": 3.777668, "relative_strength": -16.570581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.878105, "energy": 57.000899, "activity_lines": [ 2.937901, 3.024351, 3.153859, 3.238198 ] }, { "date": "2026-04-03", "close": 2.841494, "volume": 448346, "typical_volume": 352430.9, "trend": 3.339273, "fair_value": 3.771405, "relative_strength": -18.762397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.894638, "energy": 48.402856, "activity_lines": [ 2.90593, 2.974441, 3.117607, 3.203494 ] }, { "date": "2026-04-10", "close": 3.064547, "volume": 354383, "typical_volume": 353192.85, "trend": 3.307806, "fair_value": 3.762994, "relative_strength": -14.996084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.640655, "energy": 38.742624, "activity_lines": [ 2.952051, 2.97671, 3.105098, 3.18577 ] }, { "date": "2026-04-17", "close": 3.268203, "volume": 262349, "typical_volume": 356454.1, "trend": 3.291078, "fair_value": 3.758798, "relative_strength": -12.767893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.304232, "energy": 21.359723, "activity_lines": [ 3.057435, 3.019986, 3.113204, 3.183215 ] }, { "date": "2026-04-24", "close": 3.23911, "volume": 346206, "typical_volume": 352221.5, "trend": 3.282247, "fair_value": 3.754512, "relative_strength": -13.53495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.552855, "energy": 15.801358, "activity_lines": [ 3.132432, 3.058418, 3.119104, 3.179862 ] }, { "date": "2026-05-01", "close": 3.23911, "volume": 203129, "typical_volume": 342049.9, "trend": 3.267607, "fair_value": 3.748699, "relative_strength": -13.905687, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.927396, "energy": 19.8569, "activity_lines": [ 3.195146, 3.0956, 3.124722, 3.177079 ] }, { "date": "2026-05-08", "close": 2.977266, "volume": 256004, "typical_volume": 340509.55, "trend": 3.251271, "fair_value": 3.742137, "relative_strength": -22.039248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.791513, "energy": 21.550843, "activity_lines": [ 3.14407, 3.085294, 3.105165, 3.158347 ] }, { "date": "2026-05-15", "close": 2.831797, "volume": 340426, "typical_volume": 337026.85, "trend": 3.223053, "fair_value": 3.735906, "relative_strength": -25.352336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.752121, "energy": 25.633624, "activity_lines": [ 3.035453, 3.047091, 3.072763, 3.131285 ] }, { "date": "2026-05-22", "close": 2.822099, "volume": 640268, "typical_volume": 345673.6, "trend": 3.190232, "fair_value": 3.727767, "relative_strength": -25.630298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.4518, "energy": 43.51048, "activity_lines": [ 2.939121, 3.009004, 3.041676, 3.105417 ] }, { "date": "2026-05-29", "close": 3.14, "volume": 605364, "typical_volume": 352891.15, "trend": 3.175957, "fair_value": 3.720258, "relative_strength": -17.913252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.327616, "energy": 32.670512, "activity_lines": [ 2.978495, 3.031187, 3.043376, 3.102176 ] }, { "date": "2026-06-05", "close": 3.17, "volume": 502959, "typical_volume": 362401.6, "trend": 3.16788, "fair_value": 3.713766, "relative_strength": -14.480878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.246211, "energy": 17.971992, "activity_lines": [ 3.034477, 3.057276, 3.049646, 3.101792 ] }, { "date": "2026-06-12", "close": 3.3, "volume": 169345, "typical_volume": 362078.95, "trend": 3.165665, "fair_value": 3.708302, "relative_strength": -11.033445, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.065625, "energy": 6.203334, "activity_lines": [ 3.1384, 3.101028, 3.069867, 3.110315 ] }, { "date": "2026-06-19", "close": 3.05, "volume": 299370, "typical_volume": 359642.4, "trend": 3.156646, "fair_value": 3.700167, "relative_strength": -17.983153, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.847321, "energy": 14.871114, "activity_lines": [ 3.137473, 3.090989, 3.06714, 3.102853 ] }, { "date": "2026-06-26", "close": 2.81, "volume": 2108238, "typical_volume": 446897.15, "trend": 3.137419, "fair_value": 3.690639, "relative_strength": -22.098837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.548524, "energy": 18.129005, "activity_lines": [ 3.042, 3.037578, 3.042666, 3.080489 ] }, { "date": "2026-07-03", "close": 2.87, "volume": 705164, "typical_volume": 469410.2, "trend": 3.127092, "fair_value": 3.680767, "relative_strength": -21.587831, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.072028, "energy": 29.311, "activity_lines": [ 2.967333, 3.003408, 3.026205, 3.063236 ] }, { "date": "2026-07-10", "close": 2.87, "volume": 250211, "typical_volume": 469108.55, "trend": 3.116451, "fair_value": 3.668709, "relative_strength": -22.19581, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.5504, "energy": 45.273387, "activity_lines": [ 2.910667, 2.975948, 3.011175, 3.04665 ] }, { "date": "2026-07-17", "close": 2.89, "volume": 235512, "typical_volume": 462790.05, "trend": 3.106476, "fair_value": 3.655905, "relative_strength": -19.797079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.068651, "energy": 50.532029, "activity_lines": [ 2.880667, 2.958836, 2.999839, 3.03204 ] }, { "date": "2026-07-24", "close": 2.88, "volume": 172832, "typical_volume": 454424.1, "trend": 3.092406, "fair_value": 3.643766, "relative_strength": -19.160872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.498633, "energy": 50.66492, "activity_lines": [ 2.874667, 2.941493, 2.987586, 3.017428 ] }, { "date": "2026-07-31", "close": 2.8, "volume": 193254, "typical_volume": 444890.15, "trend": 3.0741, "fair_value": 3.629851, "relative_strength": -21.864302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.785751, "energy": 47.006011, "activity_lines": [ 2.853333, 2.908727, 2.967977, 2.998564 ] }, { "date": "2026-08-07", "close": 2.86, "volume": 220915, "typical_volume": 431050.85, "trend": 3.052777, "fair_value": 3.618118, "relative_strength": -22.27291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.374062, "energy": 35.389833, "activity_lines": [ 2.852667, 2.887273, 2.954835, 2.984751 ] } ], "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." } } }