{ "ticker": { "uuid": "7b68aa96-3675-4cf1-a66d-d5fb37338960", "symbol": "SWG", "name": "Shearwater Group plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 93.523, "architecture_energy": 96.939, "architecture_maturity": 26.0, "architecture_confidence": 75.82, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 14.6, "rotation_up": 89.8, "upward_expansion": 100.0, "deceleration": 39.0, "rotation_down": 8.02, "downward_expansion": 22.0 }, "activity_lines": [ 0.549667, 0.490182, 0.443895, 0.431318 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 0.615, "trend_reference": 0.426433, "distance_from_trend": 0.442195, "trend_direction": "Weakening", "fair_value": 0.43783, "distance_from_fair_value": 0.404654, "fair_value_direction": "Improving", "relative_strength": 19.727425, "relative_strength_direction": "Improving", "price_momentum": 0.322581, "excess_performance": 0.271345, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.442195, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.010442, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.404654, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.504371, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.197274, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.441434, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.322581, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.818138, "read": "Demand-led" } ], "volume": { "latest": 521578, "relative_activity": 2.036203, "balance": 1.818138, "dry_up": 2.498441, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.079174, "annualized_volatility": 0.55979, "from_high_reference": -0.115108, "from_low_reference": 0.732394 }, "levels": { "trend_reference": 0.426433, "fair_value_reference": 0.43783, "structural_low": 0.355, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.010526, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.026207, "regime_survival": 0.4, "best_return": 0.057471, "worst_return": -0.066148, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.086957, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.110433, "regime_survival": 0.0, "best_return": 0.413793, "worst_return": 0.077821, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.076087, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.151387, "regime_survival": 0.0, "best_return": 0.0, "worst_return": -0.287938, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.206522, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.315482, "regime_survival": 0.0, "best_return": -0.114943, "worst_return": -0.521401, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.011628, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-08-02", "tenure": "Developing", "return": 0.148148, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-09-06", "tenure": "Developing", "return": -0.164835, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-12-27", "tenure": "Established", "return": 0.066667, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": -0.133333, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-05-16", "tenure": "Established", "return": 0.308824, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.195402, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-09-05", "tenure": "Established", "return": 0.121212, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-11-21", "tenure": "Developing", "return": -0.209091, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.033708, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-05-08", "tenure": "Established", "return": -0.069767, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-15", "end": "2026-05-15", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-07-17", "tenure": "Developing", "return": 0.168831, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.351648, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 0.41, "volume": 115033, "typical_volume": 79466.95, "trend": 0.655167, "fair_value": 1.194449, "relative_strength": -47.788632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.903314, "energy": 68.144459, "activity_lines": [ 0.411333, 0.441545, 0.496357, 0.55471 ] }, { "date": "2023-08-25", "close": 0.435, "volume": 323065, "typical_volume": 85936.25, "trend": 0.636, "fair_value": 1.185859, "relative_strength": -44.25279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.232878, "energy": 66.167339, "activity_lines": [ 0.414667, 0.436, 0.486548, 0.540505 ] }, { "date": "2023-09-01", "close": 0.49, "volume": 307484, "typical_volume": 98374.5, "trend": 0.619167, "fair_value": 1.177494, "relative_strength": -37.286668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.888924, "energy": 55.305452, "activity_lines": [ 0.438667, 0.441909, 0.482738, 0.531086 ] }, { "date": "2023-09-08", "close": 0.435, "volume": 122811, "typical_volume": 101284.3, "trend": 0.602, "fair_value": 1.169064, "relative_strength": -43.599941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.021211, "energy": 41.301339, "activity_lines": [ 0.442, 0.438364, 0.474381, 0.519204 ] }, { "date": "2023-09-15", "close": 0.46, "volume": 122044, "typical_volume": 100504.35, "trend": 0.586833, "fair_value": 1.160218, "relative_strength": -41.279624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.180512, "energy": 31.666188, "activity_lines": [ 0.452667, 0.440818, 0.469262, 0.510043 ] }, { "date": "2023-09-22", "close": 0.43, "volume": 77242, "typical_volume": 103042.45, "trend": 0.5715, "fair_value": 1.152013, "relative_strength": -44.010869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.207652, "energy": 30.939641, "activity_lines": [ 0.447333, 0.438727, 0.461976, 0.499925 ] }, { "date": "2023-09-29", "close": 0.425, "volume": 56265, "typical_volume": 101748.6, "trend": 0.554333, "fair_value": 1.144032, "relative_strength": -43.311738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.77407, "energy": 36.798764, "activity_lines": [ 0.439, 0.436455, 0.455119, 0.490473 ] }, { "date": "2023-10-06", "close": 0.395, "volume": 84766, "typical_volume": 104749.15, "trend": 0.536667, "fair_value": 1.135731, "relative_strength": -45.578752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.881025, "energy": 46.357169, "activity_lines": [ 0.421333, 0.429545, 0.446357, 0.480194 ] }, { "date": "2023-10-13", "close": 0.39, "volume": 143425, "typical_volume": 109454.85, "trend": 0.519667, "fair_value": 1.128231, "relative_strength": -46.060532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.854732, "energy": 50.463354, "activity_lines": [ 0.408333, 0.422818, 0.438214, 0.470731 ] }, { "date": "2023-10-20", "close": 0.395, "volume": 180487, "typical_volume": 117013.25, "trend": 0.503833, "fair_value": 1.120635, "relative_strength": -43.013837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.44955, "energy": 47.662873, "activity_lines": [ 0.4, 0.417545, 0.431571, 0.462688 ] }, { "date": "2023-10-27", "close": 0.365, "volume": 25424, "typical_volume": 112859.35, "trend": 0.499333, "fair_value": 1.113744, "relative_strength": -45.586885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.56287, "energy": 60.505271, "activity_lines": [ 0.386, 0.406364, 0.423024, 0.453731 ] }, { "date": "2023-11-03", "close": 0.35, "volume": 107739, "typical_volume": 109955.25, "trend": 0.491167, "fair_value": 1.107301, "relative_strength": -47.685054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.114818, "energy": 65.030165, "activity_lines": [ 0.371333, 0.393273, 0.414095, 0.444097 ] }, { "date": "2023-11-10", "close": 0.465, "volume": 209479, "typical_volume": 119338.85, "trend": 0.4855, "fair_value": 1.100506, "relative_strength": -28.683577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.756126, "energy": 32.671058, "activity_lines": [ 0.4, 0.402636, 0.416905, 0.442409 ] }, { "date": "2023-11-17", "close": 0.455, "volume": 45891, "typical_volume": 121235.15, "trend": 0.480167, "fair_value": 1.094224, "relative_strength": -30.163359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.178802, "energy": 18.169607, "activity_lines": [ 0.420667, 0.410636, 0.419024, 0.440441 ] }, { "date": "2023-11-24", "close": 0.445, "volume": 292762, "typical_volume": 131677.6, "trend": 0.474833, "fair_value": 1.088038, "relative_strength": -30.061363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.512314, "energy": 17.386837, "activity_lines": [ 0.433667, 0.416455, 0.420476, 0.438172 ] }, { "date": "2023-12-01", "close": 0.46, "volume": 112420, "typical_volume": 133329.3, "trend": 0.4695, "fair_value": 1.082013, "relative_strength": -26.887682, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.101926, "energy": 19.697667, "activity_lines": [ 0.448333, 0.425273, 0.423667, 0.437215 ] }, { "date": "2023-12-08", "close": 0.46, "volume": 174471, "typical_volume": 141646.1, "trend": 0.464, "fair_value": 1.075314, "relative_strength": -25.678494, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.202272, "energy": 20.503761, "activity_lines": [ 0.456667, 0.433545, 0.426905, 0.436602 ] }, { "date": "2023-12-15", "close": 0.46, "volume": 62154, "typical_volume": 142319.45, "trend": 0.4585, "fair_value": 1.068872, "relative_strength": -24.430086, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 3.981964, "energy": 24.422083, "activity_lines": [ 0.457667, 0.441182, 0.43019, 0.436344 ] }, { "date": "2023-12-22", "close": 0.46, "volume": 191447, "typical_volume": 147433.25, "trend": 0.453667, "fair_value": 1.062878, "relative_strength": -24.227305, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.884057, "energy": 34.234436, "activity_lines": [ 0.459, 0.447636, 0.433452, 0.436441 ] }, { "date": "2023-12-29", "close": 0.46, "volume": 19246, "typical_volume": 138682.75, "trend": 0.449167, "fair_value": 1.056115, "relative_strength": -23.177554, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.586636, "energy": 26.680181, "activity_lines": [ 0.46, 0.452818, 0.436524, 0.436849 ] }, { "date": "2024-01-05", "close": 0.505, "volume": 235385, "typical_volume": 144700.35, "trend": 0.4465, "fair_value": 1.048872, "relative_strength": -13.809708, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.910325, "energy": 41.754429, "activity_lines": [ 0.475, 0.465, 0.443452, 0.440452 ] }, { "date": "2024-01-12", "close": 0.475, "volume": 131472, "typical_volume": 135120.7, "trend": 0.445167, "fair_value": 1.041821, "relative_strength": -16.942297, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.739703, "energy": 35.618096, "activity_lines": [ 0.477, 0.469182, 0.447071, 0.44229 ] }, { "date": "2024-01-19", "close": 0.455, "volume": 98647, "typical_volume": 124678.85, "trend": 0.443, "fair_value": 1.035218, "relative_strength": -17.40377, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.520093, "energy": 27.371585, "activity_lines": [ 0.471333, 0.467455, 0.448595, 0.442925 ] }, { "date": "2024-01-26", "close": 0.43, "volume": 54706, "typical_volume": 121273.6, "trend": 0.440167, "fair_value": 1.028712, "relative_strength": -22.218492, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 29.3244, "energy": 18.631006, "activity_lines": [ 0.457667, 0.461364, 0.447905, 0.442086 ] }, { "date": "2024-02-02", "close": 0.4475, "volume": 44490, "typical_volume": 117395.9, "trend": 0.438083, "fair_value": 1.022285, "relative_strength": -17.370769, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.216784, "energy": 17.700355, "activity_lines": [ 0.451833, 0.458909, 0.448905, 0.442559 ] }, { "date": "2024-02-09", "close": 0.47, "volume": 125437, "typical_volume": 119805.65, "trend": 0.438083, "fair_value": 1.016099, "relative_strength": -11.322856, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.581436, "energy": 21.603634, "activity_lines": [ 0.454333, 0.4605, 0.452107, 0.444618 ] }, { "date": "2024-02-16", "close": 0.47, "volume": 52401, "typical_volume": 119612.45, "trend": 0.438083, "fair_value": 1.010522, "relative_strength": -11.626567, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.23436, "energy": 18.085719, "activity_lines": [ 0.459167, 0.461909, 0.455119, 0.446677 ] }, { "date": "2024-02-23", "close": 0.475, "volume": 61785, "typical_volume": 118463.4, "trend": 0.43875, "fair_value": 1.004208, "relative_strength": -9.326115, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.052237, "energy": 28.947378, "activity_lines": [ 0.466, 0.464045, 0.458393, 0.449059 ] }, { "date": "2024-03-01", "close": 0.515, "volume": 144548, "typical_volume": 118519.55, "trend": 0.441917, "fair_value": 0.998439, "relative_strength": 0.064839, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.94275, "energy": 60.570681, "activity_lines": [ 0.484833, 0.473182, 0.465095, 0.453978 ] }, { "date": "2024-03-08", "close": 0.515, "volume": 23336, "typical_volume": 110662.0, "trend": 0.44675, "fair_value": 0.99299, "relative_strength": 1.887811, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.392995, "energy": 68.900476, "activity_lines": [ 0.498, 0.481318, 0.471202, 0.458694 ] }, { "date": "2024-03-15", "close": 0.5, "volume": 75730, "typical_volume": 113177.3, "trend": 0.44975, "fair_value": 0.987446, "relative_strength": -0.260946, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.37527, "energy": 64.611693, "activity_lines": [ 0.501667, 0.485727, 0.47531, 0.462129 ] }, { "date": "2024-03-22", "close": 0.475, "volume": 12009, "typical_volume": 108390.8, "trend": 0.451083, "fair_value": 0.98158, "relative_strength": -6.075783, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.21743, "energy": 52.469761, "activity_lines": [ 0.495, 0.485682, 0.476393, 0.463758 ] }, { "date": "2024-03-29", "close": 0.49, "volume": 44327, "typical_volume": 100133.2, "trend": 0.451083, "fair_value": 0.975939, "relative_strength": -3.260324, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.208343, "energy": 31.95533, "activity_lines": [ 0.493, 0.488364, 0.47831, 0.466269 ] }, { "date": "2024-04-05", "close": 0.43, "volume": 282451, "typical_volume": 111961.2, "trend": 0.450917, "fair_value": 0.970042, "relative_strength": -14.077917, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 11.018227, "energy": 10.657366, "activity_lines": [ 0.47, 0.4795, 0.474393, 0.464909 ] }, { "date": "2024-04-12", "close": 0.43, "volume": 60801, "typical_volume": 100363.15, "trend": 0.449917, "fair_value": 0.964176, "relative_strength": -14.284277, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.450161, "energy": 17.49515, "activity_lines": [ 0.452667, 0.470636, 0.470595, 0.463559 ] }, { "date": "2024-04-19", "close": 0.41, "volume": 77471, "typical_volume": 98615.7, "trend": 0.44925, "fair_value": 0.956228, "relative_strength": -16.579818, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.467757, "energy": 34.462158, "activity_lines": [ 0.434333, 0.458455, 0.464964, 0.460984 ] }, { "date": "2024-04-26", "close": 0.44, "volume": 91621, "typical_volume": 94473.2, "trend": 0.44975, "fair_value": 0.947894, "relative_strength": -12.541985, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.241324, "energy": 37.004439, "activity_lines": [ 0.432, 0.452818, 0.462429, 0.460387 ] }, { "date": "2024-05-03", "close": 0.44, "volume": 26077, "typical_volume": 92669.35, "trend": 0.45125, "fair_value": 0.939785, "relative_strength": -12.616103, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.437946, "energy": 41.607259, "activity_lines": [ 0.432, 0.447727, 0.459988, 0.459758 ] }, { "date": "2024-05-10", "close": 0.44, "volume": 8474, "typical_volume": 83520.7, "trend": 0.452917, "fair_value": 0.931965, "relative_strength": -14.132978, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.073697, "energy": 35.463542, "activity_lines": [ 0.435333, 0.443273, 0.457643, 0.459032 ] }, { "date": "2024-05-17", "close": 0.465, "volume": 124123, "typical_volume": 88764.55, "trend": 0.45525, "fair_value": 0.92424, "relative_strength": -8.37351, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.976392, "energy": 7.354329, "activity_lines": [ 0.446333, 0.444727, 0.457774, 0.459812 ] }, { "date": "2024-05-24", "close": 0.43, "volume": 62797, "typical_volume": 80135.15, "trend": 0.457417, "fair_value": 0.914625, "relative_strength": -13.461182, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.425343, "energy": 11.60259, "activity_lines": [ 0.443333, 0.440727, 0.454548, 0.458183 ] }, { "date": "2024-05-31", "close": 0.43, "volume": 32937, "typical_volume": 75208.4, "trend": 0.460083, "fair_value": 0.903599, "relative_strength": -12.278539, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.413485, "energy": 22.49205, "activity_lines": [ 0.439, 0.438, 0.451679, 0.456414 ] }, { "date": "2024-06-07", "close": 0.43, "volume": 47533, "typical_volume": 72652.7, "trend": 0.458917, "fair_value": 0.894208, "relative_strength": -11.232966, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.390547, "energy": 26.790485, "activity_lines": [ 0.435333, 0.436091, 0.449024, 0.454473 ] }, { "date": "2024-06-14", "close": 0.425, "volume": 10662, "typical_volume": 70450.5, "trend": 0.457917, "fair_value": 0.885394, "relative_strength": -10.759854, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.857598, "energy": 42.43708, "activity_lines": [ 0.430667, 0.434364, 0.446012, 0.452285 ] }, { "date": "2024-06-21", "close": 0.405, "volume": 43854, "typical_volume": 70418.7, "trend": 0.456583, "fair_value": 0.87674, "relative_strength": -15.325065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.320205, "energy": 55.506865, "activity_lines": [ 0.420333, 0.429091, 0.441119, 0.448871 ] }, { "date": "2024-06-28", "close": 0.4, "volume": 91919, "typical_volume": 68742.8, "trend": 0.454583, "fair_value": 0.868183, "relative_strength": -15.071237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.033732, "energy": 61.539947, "activity_lines": [ 0.412333, 0.423364, 0.435952, 0.44522 ] }, { "date": "2024-07-05", "close": 0.385, "volume": 74432, "typical_volume": 69844.35, "trend": 0.452083, "fair_value": 0.860138, "relative_strength": -18.014512, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.378358, "energy": 74.695495, "activity_lines": [ 0.401333, 0.415091, 0.42969, 0.440731 ] }, { "date": "2024-07-12", "close": 0.385, "volume": 66721, "typical_volume": 70091.15, "trend": 0.449583, "fair_value": 0.852125, "relative_strength": -18.045112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.20988, "energy": 76.78067, "activity_lines": [ 0.393333, 0.407818, 0.423833, 0.436403 ] }, { "date": "2024-07-19", "close": 0.425, "volume": 290515, "typical_volume": 77389.5, "trend": 0.448417, "fair_value": 0.844593, "relative_strength": -8.166123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.46441, "energy": 55.388939, "activity_lines": [ 0.401667, 0.408818, 0.422214, 0.434817 ] }, { "date": "2024-07-26", "close": 0.465, "volume": 594130, "typical_volume": 105929.2, "trend": 0.448583, "fair_value": 0.838022, "relative_strength": -0.998266, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.850793, "energy": 15.058854, "activity_lines": [ 0.423333, 0.417364, 0.424833, 0.435887 ] }, { "date": "2024-08-02", "close": 0.465, "volume": 314909, "typical_volume": 117888.15, "trend": 0.44725, "fair_value": 0.831131, "relative_strength": 0.299765, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.708261, "energy": 15.715517, "activity_lines": [ 0.441, 0.425909, 0.42769, 0.436946 ] }, { "date": "2024-08-09", "close": 0.455, "volume": 9891, "typical_volume": 117782.25, "trend": 0.446583, "fair_value": 0.824625, "relative_strength": -1.99492, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.819384, "energy": 25.285906, "activity_lines": [ 0.451, 0.432, 0.429762, 0.437446 ] }, { "date": "2024-08-16", "close": 0.425, "volume": 70455, "typical_volume": 119088.65, "trend": 0.445583, "fair_value": 0.817958, "relative_strength": -9.872883, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.72601, "energy": 21.519895, "activity_lines": [ 0.446333, 0.432182, 0.429071, 0.436054 ] }, { "date": "2024-08-23", "close": 0.39, "volume": 91164, "typical_volume": 109524.3, "trend": 0.44425, "fair_value": 0.811067, "relative_strength": -17.108338, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.714441, "energy": 16.689428, "activity_lines": [ 0.427333, 0.426091, 0.425357, 0.432468 ] }, { "date": "2024-08-30", "close": 0.405, "volume": 219146, "typical_volume": 117441.55, "trend": 0.442833, "fair_value": 0.804561, "relative_strength": -13.91489, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.935062, "energy": 25.460434, "activity_lines": [ 0.415667, 0.423364, 0.423262, 0.429935 ] }, { "date": "2024-09-06", "close": 0.38, "volume": 361323, "typical_volume": 131634.15, "trend": 0.439833, "fair_value": 0.797606, "relative_strength": -16.969401, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.33468, "energy": 47.171715, "activity_lines": [ 0.399667, 0.416091, 0.418905, 0.425882 ] }, { "date": "2024-09-13", "close": 0.375, "volume": 74619, "typical_volume": 130784.05, "trend": 0.436667, "fair_value": 0.790651, "relative_strength": -18.568118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.848232, "energy": 60.131511, "activity_lines": [ 0.387667, 0.408273, 0.414214, 0.421699 ] }, { "date": "2024-09-20", "close": 0.38, "volume": 49233, "typical_volume": 131941.85, "trend": 0.4335, "fair_value": 0.783824, "relative_strength": -16.768751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.555819, "energy": 62.717055, "activity_lines": [ 0.382667, 0.401545, 0.41031, 0.418043 ] }, { "date": "2024-09-27", "close": 0.38, "volume": 19484, "typical_volume": 132492.35, "trend": 0.429, "fair_value": 0.777413, "relative_strength": -17.385091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.849954, "energy": 60.110318, "activity_lines": [ 0.380667, 0.394909, 0.40669, 0.414591 ] }, { "date": "2024-10-04", "close": 0.38, "volume": 16513, "typical_volume": 127111.85, "trend": 0.4245, "fair_value": 0.770875, "relative_strength": -16.786754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.24336, "energy": 48.207487, "activity_lines": [ 0.379333, 0.389091, 0.403357, 0.41143 ] }, { "date": "2024-10-11", "close": 0.38, "volume": 27252, "typical_volume": 125334.6, "trend": 0.4205, "fair_value": 0.764144, "relative_strength": -16.361603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.249742, "energy": 36.533586, "activity_lines": [ 0.379667, 0.384818, 0.400429, 0.408559 ] }, { "date": "2024-10-18", "close": 0.38, "volume": 5735, "typical_volume": 123974.5, "trend": 0.417333, "fair_value": 0.757606, "relative_strength": -17.179733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.201894, "energy": 34.111793, "activity_lines": [ 0.38, 0.382091, 0.397738, 0.405946 ] }, { "date": "2024-10-25", "close": 0.35, "volume": 69187, "typical_volume": 125057.2, "trend": 0.412667, "fair_value": 0.750939, "relative_strength": -22.498422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.93354, "energy": 49.284618, "activity_lines": [ 0.37, 0.375273, 0.392429, 0.401602 ] }, { "date": "2024-11-01", "close": 0.36, "volume": 23390, "typical_volume": 125693.6, "trend": 0.410333, "fair_value": 0.745234, "relative_strength": -19.496752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.156436, "energy": 52.526616, "activity_lines": [ 0.365333, 0.371636, 0.388452, 0.398204 ] }, { "date": "2024-11-08", "close": 0.355, "volume": 169774, "typical_volume": 131989.6, "trend": 0.407833, "fair_value": 0.739337, "relative_strength": -19.037678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.625625, "energy": 57.428687, "activity_lines": [ 0.360333, 0.367636, 0.38431, 0.394634 ] }, { "date": "2024-11-15", "close": 0.34, "volume": 137789, "typical_volume": 134283.1, "trend": 0.4055, "fair_value": 0.733663, "relative_strength": -21.863132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.959741, "energy": 65.868768, "activity_lines": [ 0.352, 0.361818, 0.378976, 0.390258 ] }, { "date": "2024-11-22", "close": 0.365, "volume": 83547, "typical_volume": 134738.85, "trend": 0.403, "fair_value": 0.728663, "relative_strength": -17.685744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.191059, "energy": 46.599425, "activity_lines": [ 0.354667, 0.361273, 0.37631, 0.387645 ] }, { "date": "2024-11-29", "close": 0.35, "volume": 355888, "typical_volume": 149197.2, "trend": 0.4, "fair_value": 0.723792, "relative_strength": -20.773116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.067335, "energy": 41.945164, "activity_lines": [ 0.353333, 0.358182, 0.37231, 0.384226 ] }, { "date": "2024-12-06", "close": 0.36, "volume": 79973, "typical_volume": 138670.1, "trend": 0.397333, "fair_value": 0.719657, "relative_strength": -18.200139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.946426, "energy": 37.884678, "activity_lines": [ 0.355333, 0.357455, 0.369429, 0.381645 ] }, { "date": "2024-12-13", "close": 0.365, "volume": 189954, "typical_volume": 118461.3, "trend": 0.394, "fair_value": 0.715234, "relative_strength": -16.473444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.637671, "energy": 26.215082, "activity_lines": [ 0.359, 0.358, 0.367333, 0.379559 ] }, { "date": "2024-12-20", "close": 0.39, "volume": 220559, "typical_volume": 113743.8, "trend": 0.392667, "fair_value": 0.710362, "relative_strength": -7.984099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.681137, "energy": 13.401359, "activity_lines": [ 0.370333, 0.363364, 0.368095, 0.379301 ] }, { "date": "2024-12-27", "close": 0.4, "volume": 125915, "typical_volume": 119545.0, "trend": 0.391667, "fair_value": 0.705843, "relative_strength": -6.021114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.55884, "energy": 12.115638, "activity_lines": [ 0.381667, 0.370364, 0.370167, 0.379774 ] }, { "date": "2025-01-03", "close": 0.375, "volume": 51465, "typical_volume": 118595.5, "trend": 0.389833, "fair_value": 0.700779, "relative_strength": -12.039504, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.344994, "energy": 16.649228, "activity_lines": [ 0.382333, 0.372455, 0.370119, 0.378699 ] }, { "date": "2025-01-10", "close": 0.36, "volume": 121026, "typical_volume": 120088.6, "trend": 0.387667, "fair_value": 0.695683, "relative_strength": -15.222146, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.52919, "energy": 16.079972, "activity_lines": [ 0.376333, 0.371364, 0.368881, 0.376774 ] }, { "date": "2025-01-17", "close": 0.355, "volume": 207024, "typical_volume": 119482.5, "trend": 0.386, "fair_value": 0.691708, "relative_strength": -18.335958, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.373911, "energy": 15.388579, "activity_lines": [ 0.368667, 0.369364, 0.36731, 0.374667 ] }, { "date": "2025-01-24", "close": 0.325, "volume": 457197, "typical_volume": 124276.2, "trend": 0.3835, "fair_value": 0.68783, "relative_strength": -24.699875, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.271007, "energy": 47.319214, "activity_lines": [ 0.351667, 0.361909, 0.363119, 0.370731 ] }, { "date": "2025-01-31", "close": 0.34, "volume": 295090, "typical_volume": 135299.75, "trend": 0.382, "fair_value": 0.68392, "relative_strength": -22.206343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.144038, "energy": 50.947417, "activity_lines": [ 0.344, 0.357455, 0.360619, 0.367925 ] }, { "date": "2025-02-07", "close": 0.34, "volume": 177590, "typical_volume": 141717.6, "trend": 0.3805, "fair_value": 0.680048, "relative_strength": -21.756815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.579521, "energy": 57.952905, "activity_lines": [ 0.340333, 0.353455, 0.358286, 0.365215 ] }, { "date": "2025-02-14", "close": 0.36, "volume": 144542, "typical_volume": 147970.5, "trend": 0.378333, "fair_value": 0.676394, "relative_strength": -16.826286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.942008, "energy": 49.684419, "activity_lines": [ 0.345667, 0.353273, 0.358048, 0.363892 ] }, { "date": "2025-02-21", "close": 0.375, "volume": 135556, "typical_volume": 153922.65, "trend": 0.375333, "fair_value": 0.673221, "relative_strength": -12.00344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.354539, "energy": 14.462537, "activity_lines": [ 0.356, 0.355818, 0.359333, 0.363677 ] }, { "date": "2025-02-28", "close": 0.325, "volume": 205335, "typical_volume": 162826.8, "trend": 0.370667, "fair_value": 0.670497, "relative_strength": -24.143886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.459416, "energy": 27.466024, "activity_lines": [ 0.348333, 0.349091, 0.355881, 0.36043 ] }, { "date": "2025-03-07", "close": 0.356, "volume": 84321, "typical_volume": 166756.1, "trend": 0.367367, "fair_value": 0.667715, "relative_strength": -14.782255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.315622, "energy": 14.425236, "activity_lines": [ 0.351, 0.349182, 0.355643, 0.359484 ] }, { "date": "2025-03-14", "close": 0.325, "volume": 82115, "typical_volume": 167402.5, "trend": 0.364033, "fair_value": 0.663228, "relative_strength": -20.919001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.761472, "energy": 27.31382, "activity_lines": [ 0.342267, 0.344436, 0.352567, 0.356751 ] }, { "date": "2025-03-21", "close": 0.31, "volume": 63991, "typical_volume": 169432.55, "trend": 0.361367, "fair_value": 0.657811, "relative_strength": -23.956933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.400285, "energy": 51.497476, "activity_lines": [ 0.329533, 0.337873, 0.348181, 0.353265 ] }, { "date": "2025-03-28", "close": 0.31, "volume": 193291, "typical_volume": 170608.4, "trend": 0.3582, "fair_value": 0.652939, "relative_strength": -23.255128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.33935, "energy": 52.188239, "activity_lines": [ 0.320133, 0.332218, 0.344033, 0.349951 ] }, { "date": "2025-04-04", "close": 0.345, "volume": 200071, "typical_volume": 173722.5, "trend": 0.357033, "fair_value": 0.648228, "relative_strength": -7.748842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.410193, "energy": 42.66263, "activity_lines": [ 0.326733, 0.333745, 0.343433, 0.349099 ] }, { "date": "2025-04-11", "close": 0.32, "volume": 139214, "typical_volume": 176505.85, "trend": 0.3552, "fair_value": 0.641497, "relative_strength": -12.967908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.433679, "energy": 37.481123, "activity_lines": [ 0.323667, 0.330364, 0.340429, 0.34671 ] }, { "date": "2025-04-18", "close": 0.32, "volume": 134539, "typical_volume": 165438.4, "trend": 0.3532, "fair_value": 0.635311, "relative_strength": -15.778691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.836224, "energy": 28.389385, "activity_lines": [ 0.323, 0.327345, 0.337638, 0.344439 ] }, { "date": "2025-04-25", "close": 0.32, "volume": 23486, "typical_volume": 162614.05, "trend": 0.3512, "fair_value": 0.628772, "relative_strength": -16.615967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.800695, "energy": 25.860179, "activity_lines": [ 0.322667, 0.324691, 0.33499, 0.342297 ] }, { "date": "2025-05-02", "close": 0.305, "volume": 67704, "typical_volume": 156501.55, "trend": 0.3487, "fair_value": 0.622683, "relative_strength": -21.600826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.503812, "energy": 34.052917, "activity_lines": [ 0.316667, 0.320036, 0.331105, 0.339316 ] }, { "date": "2025-05-09", "close": 0.36, "volume": 442440, "typical_volume": 167595.6, "trend": 0.348033, "fair_value": 0.617298, "relative_strength": -6.612895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.050751, "energy": 13.428807, "activity_lines": [ 0.329333, 0.326655, 0.332743, 0.340045 ] }, { "date": "2025-05-16", "close": 0.445, "volume": 466146, "typical_volume": 184607.15, "trend": 0.3502, "fair_value": 0.612458, "relative_strength": 13.905167, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.265477, "energy": 29.142457, "activity_lines": [ 0.369333, 0.348091, 0.342619, 0.346301 ] }, { "date": "2025-05-23", "close": 0.435, "volume": 281425, "typical_volume": 196105.15, "trend": 0.353033, "fair_value": 0.607651, "relative_strength": 11.00437, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.069814, "energy": 53.458255, "activity_lines": [ 0.397667, 0.366091, 0.351329, 0.351772 ] }, { "date": "2025-05-30", "close": 0.52, "volume": 606849, "typical_volume": 220396.3, "trend": 0.358367, "fair_value": 0.60342, "relative_strength": 31.460554, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 86.994006, "energy": 87.819145, "activity_lines": [ 0.446667, 0.397545, 0.367848, 0.362544 ] }, { "date": "2025-06-06", "close": 0.495, "volume": 309638, "typical_volume": 225527.0, "trend": 0.363033, "fair_value": 0.59874, "relative_strength": 24.008818, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.574659, "energy": 87.876857, "activity_lines": [ 0.474, 0.420636, 0.381224, 0.371359 ] }, { "date": "2025-06-13", "close": 0.44, "volume": 166285, "typical_volume": 210981.4, "trend": 0.366367, "fair_value": 0.593997, "relative_strength": 10.186981, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.487878, "energy": 81.211925, "activity_lines": [ 0.470333, 0.430364, 0.388695, 0.376325 ] }, { "date": "2025-06-20", "close": 0.46, "volume": 182019, "typical_volume": 205327.85, "trend": 0.369533, "fair_value": 0.588869, "relative_strength": 16.030709, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.184505, "energy": 74.62848, "activity_lines": [ 0.468, 0.442, 0.397524, 0.382366 ] }, { "date": "2025-06-27", "close": 0.47, "volume": 73372, "typical_volume": 200116.95, "trend": 0.373533, "fair_value": 0.583548, "relative_strength": 18.005005, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.784208, "energy": 51.294076, "activity_lines": [ 0.468, 0.452909, 0.406733, 0.388847 ] }, { "date": "2025-07-04", "close": 0.47, "volume": 75476, "typical_volume": 196663.65, "trend": 0.3772, "fair_value": 0.578163, "relative_strength": 17.3678, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.475317, "energy": 45.152154, "activity_lines": [ 0.465667, 0.461091, 0.415324, 0.395071 ] }, { "date": "2025-07-11", "close": 0.6, "volume": 1358664, "typical_volume": 257819.05, "trend": 0.385033, "fair_value": 0.573612, "relative_strength": 46.580085, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.420101, "energy": 62.43962, "activity_lines": [ 0.51, 0.490182, 0.435771, 0.409445 ] }, { "date": "2025-07-18", "close": 0.59, "volume": 254307, "typical_volume": 260267.65, "trend": 0.3917, "fair_value": 0.568516, "relative_strength": 42.511294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.745516, "energy": 76.073668, "activity_lines": [ 0.544, 0.512091, 0.454195, 0.422669 ] }, { "date": "2025-07-25", "close": 0.685, "volume": 535039, "typical_volume": 282803.55, "trend": 0.4012, "fair_value": 0.564029, "relative_strength": 61.848722, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.320426, "energy": 91.616062, "activity_lines": [ 0.599667, 0.547091, 0.480405, 0.441591 ] }, { "date": "2025-08-01", "close": 0.605, "volume": 260956, "typical_volume": 291745.6, "trend": 0.408867, "fair_value": 0.559638, "relative_strength": 43.178318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.029944, "energy": 83.11066, "activity_lines": [ 0.613667, 0.563182, 0.497429, 0.45474 ] }, { "date": "2025-08-08", "close": 0.665, "volume": 148392, "typical_volume": 295965.65, "trend": 0.419033, "fair_value": 0.555984, "relative_strength": 55.789682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.098358, "energy": 84.998995, "activity_lines": [ 0.638667, 0.587091, 0.518833, 0.471265 ] }, { "date": "2025-08-15", "close": 0.64, "volume": 108111, "typical_volume": 291706.65, "trend": 0.428533, "fair_value": 0.55249, "relative_strength": 48.077608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.295946, "energy": 72.949767, "activity_lines": [ 0.642333, 0.603818, 0.536167, 0.48552 ] }, { "date": "2025-08-22", "close": 0.615, "volume": 122738, "typical_volume": 287840.0, "trend": 0.4382, "fair_value": 0.549157, "relative_strength": 38.429692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.873569, "energy": 56.015164, "activity_lines": [ 0.635, 0.613364, 0.549548, 0.497551 ] }, { "date": "2025-08-29", "close": 0.585, "volume": 63334, "typical_volume": 284046.0, "trend": 0.446367, "fair_value": 0.545824, "relative_strength": 32.777945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.541582, "energy": 48.956553, "activity_lines": [ 0.616, 0.614273, 0.558786, 0.507022 ] }, { "date": "2025-09-05", "close": 0.555, "volume": 291350, "typical_volume": 291886.55, "trend": 0.453533, "fair_value": 0.542875, "relative_strength": 24.989907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.520435, "energy": 32.470918, "activity_lines": [ 0.593667, 0.607455, 0.563905, 0.51403 ] }, { "date": "2025-09-12", "close": 0.55, "volume": 191916, "typical_volume": 300308.05, "trend": 0.459867, "fair_value": 0.539894, "relative_strength": 22.183639, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.766445, "energy": 23.346922, "activity_lines": [ 0.573, 0.598182, 0.567429, 0.520254 ] }, { "date": "2025-09-19", "close": 0.525, "volume": 117991, "typical_volume": 302822.4, "trend": 0.464867, "fair_value": 0.536913, "relative_strength": 16.972079, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.724108, "energy": 24.259994, "activity_lines": [ 0.551667, 0.582909, 0.567476, 0.524456 ] }, { "date": "2025-09-26", "close": 0.62, "volume": 422955, "typical_volume": 301848.15, "trend": 0.4747, "fair_value": 0.535183, "relative_strength": 35.991735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.863627, "energy": 23.259834, "activity_lines": [ 0.569667, 0.586273, 0.575524, 0.534465 ] }, { "date": "2025-10-03", "close": 0.6, "volume": 135441, "typical_volume": 285312.9, "trend": 0.482833, "fair_value": 0.532715, "relative_strength": 27.873937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.082116, "energy": 19.288988, "activity_lines": [ 0.580667, 0.585455, 0.580429, 0.542548 ] }, { "date": "2025-10-10", "close": 0.6, "volume": 92872, "typical_volume": 275885.25, "trend": 0.492, "fair_value": 0.530407, "relative_strength": 27.863719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.985769, "energy": 28.4435, "activity_lines": [ 0.590667, 0.586182, 0.584595, 0.550108 ] }, { "date": "2025-10-17", "close": 0.56, "volume": 207340, "typical_volume": 255909.8, "trend": 0.500333, "fair_value": 0.528131, "relative_strength": 19.604069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.044232, "energy": 25.030839, "activity_lines": [ 0.584333, 0.579727, 0.584167, 0.554495 ] }, { "date": "2025-10-24", "close": 0.57, "volume": 160507, "typical_volume": 248453.25, "trend": 0.509, "fair_value": 0.525663, "relative_strength": 17.315936, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.971075, "energy": 19.878811, "activity_lines": [ 0.580667, 0.577, 0.5845, 0.558989 ] }, { "date": "2025-10-31", "close": 0.625, "volume": 275721, "typical_volume": 253925.05, "trend": 0.518333, "fair_value": 0.523035, "relative_strength": 26.705088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.140225, "energy": 26.658209, "activity_lines": [ 0.592333, 0.585545, 0.589714, 0.566473 ] }, { "date": "2025-11-07", "close": 0.58, "volume": 129772, "typical_volume": 251312.7, "trend": 0.527, "fair_value": 0.519862, "relative_strength": 17.296091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.439506, "energy": 17.667131, "activity_lines": [ 0.588667, 0.585727, 0.589762, 0.570452 ] }, { "date": "2025-11-14", "close": 0.51, "volume": 872958, "typical_volume": 291292.0, "trend": 0.533333, "fair_value": 0.51592, "relative_strength": 2.569118, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.421656, "energy": 4.346076, "activity_lines": [ 0.563, 0.573273, 0.582571, 0.569355 ] }, { "date": "2025-11-21", "close": 0.435, "volume": 272624, "typical_volume": 301149.4, "trend": 0.537167, "fair_value": 0.51124, "relative_strength": -11.10658, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.912823, "energy": 40.589514, "activity_lines": [ 0.518333, 0.548, 0.568048, 0.563011 ] }, { "date": "2025-11-28", "close": 0.445, "volume": 223205, "typical_volume": 244376.45, "trend": 0.541833, "fair_value": 0.507587, "relative_strength": -10.872958, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.244464, "energy": 60.789806, "activity_lines": [ 0.485333, 0.526636, 0.554643, 0.557065 ] }, { "date": "2025-12-05", "close": 0.45, "volume": 263950, "typical_volume": 244858.6, "trend": 0.544833, "fair_value": 0.503484, "relative_strength": -9.481911, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.263854, "energy": 66.119455, "activity_lines": [ 0.462333, 0.507636, 0.542452, 0.55114 ] }, { "date": "2025-12-12", "close": 0.43, "volume": 220273, "typical_volume": 229120.3, "trend": 0.544333, "fair_value": 0.49951, "relative_strength": -13.362693, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.580543, "energy": 79.388454, "activity_lines": [ 0.444333, 0.488091, 0.529024, 0.543731 ] }, { "date": "2025-12-19", "close": 0.43, "volume": 244079, "typical_volume": 228276.45, "trend": 0.544167, "fair_value": 0.495728, "relative_strength": -15.385417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.951084, "energy": 77.913065, "activity_lines": [ 0.436333, 0.471636, 0.51681, 0.536355 ] }, { "date": "2025-12-26", "close": 0.415, "volume": 163069, "typical_volume": 229010.3, "trend": 0.540667, "fair_value": 0.491978, "relative_strength": -17.899796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.804544, "energy": 80.033515, "activity_lines": [ 0.428667, 0.455545, 0.504, 0.528022 ] }, { "date": "2026-01-02", "close": 0.445, "volume": 309393, "typical_volume": 239074.4, "trend": 0.539, "fair_value": 0.48842, "relative_strength": -12.647264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.356879, "energy": 66.69527, "activity_lines": [ 0.432333, 0.447545, 0.495238, 0.521849 ] }, { "date": "2026-01-09", "close": 0.485, "volume": 588142, "typical_volume": 262344.6, "trend": 0.5405, "fair_value": 0.485279, "relative_strength": -6.576268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.494235, "energy": 41.463973, "activity_lines": [ 0.449333, 0.449091, 0.491214, 0.518366 ] }, { "date": "2026-01-16", "close": 0.46, "volume": 163203, "typical_volume": 267338.05, "trend": 0.5405, "fair_value": 0.482138, "relative_strength": -12.455445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.410489, "energy": 35.226977, "activity_lines": [ 0.455667, 0.448636, 0.485429, 0.513172 ] }, { "date": "2026-01-23", "close": 0.47, "volume": 133802, "typical_volume": 259460.65, "trend": 0.5405, "fair_value": 0.478676, "relative_strength": -10.015314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.3741, "energy": 24.901241, "activity_lines": [ 0.463333, 0.452182, 0.48119, 0.508624 ] }, { "date": "2026-01-30", "close": 0.47, "volume": 83567, "typical_volume": 254043.2, "trend": 0.5405, "fair_value": 0.475311, "relative_strength": -10.945656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.307471, "energy": 22.33594, "activity_lines": [ 0.468333, 0.456455, 0.477357, 0.504075 ] }, { "date": "2026-02-06", "close": 0.465, "volume": 320664, "typical_volume": 264176.85, "trend": 0.536, "fair_value": 0.472202, "relative_strength": -13.32218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.81132, "energy": 20.254761, "activity_lines": [ 0.468, 0.459182, 0.473429, 0.499204 ] }, { "date": "2026-02-13", "close": 0.435, "volume": 294568, "typical_volume": 257757.5, "trend": 0.530833, "fair_value": 0.469125, "relative_strength": -19.521317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.826363, "energy": 30.694754, "activity_lines": [ 0.456333, 0.456091, 0.466929, 0.492688 ] }, { "date": "2026-02-20", "close": 0.465, "volume": 285168, "typical_volume": 265243.85, "trend": 0.5235, "fair_value": 0.466401, "relative_strength": -15.913502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.046888, "energy": 30.477008, "activity_lines": [ 0.458, 0.458727, 0.464167, 0.488441 ] }, { "date": "2026-02-27", "close": 0.43, "volume": 106643, "typical_volume": 265932.4, "trend": 0.517667, "fair_value": 0.463131, "relative_strength": -23.908112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.764764, "energy": 40.095149, "activity_lines": [ 0.447667, 0.454364, 0.458714, 0.482409 ] }, { "date": "2026-03-06", "close": 0.43, "volume": 120474, "typical_volume": 261589.1, "trend": 0.509833, "fair_value": 0.459958, "relative_strength": -19.301964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.407217, "energy": 51.715904, "activity_lines": [ 0.44, 0.45, 0.454071, 0.476753 ] }, { "date": "2026-03-13", "close": 0.42, "volume": 125918, "typical_volume": 259859.65, "trend": 0.5025, "fair_value": 0.456881, "relative_strength": -21.093495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.55615, "energy": 53.927261, "activity_lines": [ 0.431667, 0.443545, 0.449095, 0.470957 ] }, { "date": "2026-03-20", "close": 0.375, "volume": 597042, "typical_volume": 275925.7, "trend": 0.4945, "fair_value": 0.453708, "relative_strength": -27.16491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.777508, "energy": 71.435133, "activity_lines": [ 0.411333, 0.429364, 0.440548, 0.462731 ] }, { "date": "2026-03-27", "close": 0.38, "volume": 385184, "typical_volume": 288696.3, "trend": 0.487667, "fair_value": 0.452939, "relative_strength": -26.620502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.234756, "energy": 72.473973, "activity_lines": [ 0.396667, 0.418091, 0.433667, 0.455344 ] }, { "date": "2026-04-03", "close": 0.39, "volume": 66358, "typical_volume": 248366.3, "trend": 0.482167, "fair_value": 0.451625, "relative_strength": -27.927457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.622954, "energy": 69.65895, "activity_lines": [ 0.391, 0.410091, 0.42869, 0.449043 ] }, { "date": "2026-04-10", "close": 0.395, "volume": 192372, "typical_volume": 244353.7, "trend": 0.477, "fair_value": 0.450087, "relative_strength": -28.056309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.476667, "energy": 64.073104, "activity_lines": [ 0.389667, 0.404455, 0.424762, 0.443419 ] }, { "date": "2026-04-17", "close": 0.385, "volume": 124141, "typical_volume": 239400.5, "trend": 0.472333, "fair_value": 0.448612, "relative_strength": -30.252008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.273576, "energy": 50.563423, "activity_lines": [ 0.387333, 0.398364, 0.420071, 0.437484 ] }, { "date": "2026-04-24", "close": 0.38, "volume": 239724, "typical_volume": 238189.2, "trend": 0.464333, "fair_value": 0.44717, "relative_strength": -29.207071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.217938, "energy": 46.683485, "activity_lines": [ 0.385667, 0.392818, 0.41519, 0.431527 ] }, { "date": "2026-05-01", "close": 0.398, "volume": 382160, "typical_volume": 246283.55, "trend": 0.4576, "fair_value": 0.445747, "relative_strength": -25.825591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.785803, "energy": 38.785125, "activity_lines": [ 0.389667, 0.391545, 0.412357, 0.427247 ] }, { "date": "2026-05-08", "close": 0.4, "volume": 255241, "typical_volume": 246841.65, "trend": 0.450933, "fair_value": 0.444304, "relative_strength": -24.415961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.274567, "energy": 30.894502, "activity_lines": [ 0.393133, 0.391855, 0.409867, 0.423531 ] }, { "date": "2026-05-15", "close": 0.39, "volume": 76543, "typical_volume": 242515.35, "trend": 0.445267, "fair_value": 0.442798, "relative_strength": -25.674107, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -43.347803, "energy": 28.308987, "activity_lines": [ 0.3926, 0.390891, 0.406567, 0.4196 ] }, { "date": "2026-05-22", "close": 0.385, "volume": 171727, "typical_volume": 235632.05, "trend": 0.4391, "fair_value": 0.441388, "relative_strength": -28.174212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.975802, "energy": 27.408277, "activity_lines": [ 0.390733, 0.389745, 0.40291, 0.415712 ] }, { "date": "2026-05-29", "close": 0.38, "volume": 43564, "typical_volume": 208403.15, "trend": 0.430933, "fair_value": 0.44001, "relative_strength": -28.104067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.091422, "energy": 32.792009, "activity_lines": [ 0.3872, 0.388327, 0.399062, 0.411899 ] }, { "date": "2026-06-05", "close": 0.375, "volume": 196407, "typical_volume": 210063.35, "trend": 0.4241, "fair_value": 0.438663, "relative_strength": -28.228825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.82053, "energy": 35.464061, "activity_lines": [ 0.382, 0.385909, 0.395238, 0.40829 ] }, { "date": "2026-06-12", "close": 0.375, "volume": 219874, "typical_volume": 214366.95, "trend": 0.4196, "fair_value": 0.437766, "relative_strength": -28.559853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.540217, "energy": 36.770173, "activity_lines": [ 0.378333, 0.383582, 0.391819, 0.405123 ] }, { "date": "2026-06-19", "close": 0.37, "volume": 500, "typical_volume": 210213.6, "trend": 0.417433, "fair_value": 0.436804, "relative_strength": -28.315251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.120557, "energy": 49.11157, "activity_lines": [ 0.374667, 0.380618, 0.388376, 0.401923 ] }, { "date": "2026-06-26", "close": 0.37, "volume": 221, "typical_volume": 194191.45, "trend": 0.414933, "fair_value": 0.435875, "relative_strength": -28.801927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.741348, "energy": 51.067912, "activity_lines": [ 0.372333, 0.378109, 0.38541, 0.398862 ] }, { "date": "2026-07-03", "close": 0.435, "volume": 63422, "typical_volume": 182634.15, "trend": 0.414433, "fair_value": 0.435394, "relative_strength": -17.231039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.119607, "energy": 8.709944, "activity_lines": [ 0.392667, 0.387691, 0.389086, 0.400157 ] }, { "date": "2026-07-10", "close": 0.425, "volume": 145682, "typical_volume": 175659.85, "trend": 0.414267, "fair_value": 0.435106, "relative_strength": -16.869347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -2.160851, "energy": 11.963082, "activity_lines": [ 0.406, 0.394455, 0.39181, 0.400839 ] }, { "date": "2026-07-17", "close": 0.45, "volume": 412283, "typical_volume": 190941.85, "trend": 0.414933, "fair_value": 0.434978, "relative_strength": -12.03086, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.171216, "energy": 32.852007, "activity_lines": [ 0.424333, 0.405273, 0.397105, 0.403144 ] }, { "date": "2026-07-24", "close": 0.455, "volume": 66446, "typical_volume": 188240.45, "trend": 0.416267, "fair_value": 0.434978, "relative_strength": -11.017984, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.39334, "energy": 45.866355, "activity_lines": [ 0.439333, 0.416091, 0.402781, 0.405729 ] }, { "date": "2026-07-31", "close": 0.62, "volume": 1559618, "typical_volume": 259925.45, "trend": 0.4221, "fair_value": 0.43626, "relative_strength": 20.247996, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 66.977983, "energy": 81.791041, "activity_lines": [ 0.503667, 0.455727, 0.424052, 0.418873 ] }, { "date": "2026-08-07", "close": 0.615, "volume": 521578, "typical_volume": 256152.25, "trend": 0.426433, "fair_value": 0.43783, "relative_strength": 19.727425, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.523472, "energy": 96.938778, "activity_lines": [ 0.549667, 0.490182, 0.443895, 0.431318 ] } ], "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." } } }