{ "ticker": { "uuid": "7c174051-fdc6-491d-9fed-4e8bcabc1e0a", "symbol": "MWET4", "name": "Wetzel S.A.", "exchange": "SAO", "country": "BR", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^BVSP", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 69.555, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "mixed", "architecture_direction": -55.612, "architecture_energy": 46.886, "architecture_maturity": 23.109, "architecture_confidence": 62.333, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 31.9, "rotation_up": 34.65, "upward_expansion": 17.44, "deceleration": 49.47, "rotation_down": 43.35, "downward_expansion": 47.44 }, "activity_lines": [ 14.029333, 14.207455, 14.68619, 15.143505 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 12.0, "trend_reference": 14.66, "distance_from_trend": -0.181446, "trend_direction": "Improving", "fair_value": 10.485128, "distance_from_fair_value": 0.144478, "fair_value_direction": "Weakening", "relative_strength": -6.949035, "relative_strength_direction": "Weakening", "price_momentum": 0.174168, "excess_performance": 0.231217, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.181446, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.129343, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.144478, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.213413, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.06949, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.035958, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.174168, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.277778, "read": "Supply-led" } ], "volume": { "latest": 1800, "relative_activity": 1.565217, "balance": 0.277778, "dry_up": 0.478261, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.06891, "annualized_volatility": 0.895471, "from_high_reference": -0.523242, "from_low_reference": 0.463415 }, "levels": { "trend_reference": 14.66, "fair_value_reference": 10.485128, "structural_low": 9.74, "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": 3, "median_return": -0.000979, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.011923, "regime_survival": 0.333333, "best_return": 0.068022, "worst_return": -0.148457, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.039766, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.062405, "regime_survival": 0.0, "best_return": 0.245504, "worst_return": -0.165972, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.065602, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.240126, "regime_survival": 0.0, "best_return": 0.016419, "worst_return": -0.147623, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.089106, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.287339, "regime_survival": 0.5, "best_return": 0.000834, "worst_return": -0.179046, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.021871, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-08-23", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-30", "end": "2024-11-01", "tenure": "Developing", "return": 0.123913, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": 0.11229, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-04", "tenure": "Established", "return": 0.12037, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-11", "end": "2025-06-13", "tenure": "Developing", "return": 0.008264, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-20", "end": "2025-08-01", "tenure": "Developing", "return": -0.136616, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-08", "end": "2025-09-05", "tenure": "Developing", "return": -0.148457, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-12", "end": "2026-02-06", "tenure": "Established", "return": -0.017308, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-02-20", "tenure": "New", "return": 0.042885, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": 0.611215, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": -0.274222, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-07-31", "tenure": "Established", "return": -0.065294, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.67, "volume": 20000, "typical_volume": 12010.0, "trend": 10.509, "fair_value": 11.948782, "relative_strength": -10.504513, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.078679, "energy": 39.688529, "activity_lines": [ 10.021333, 10.218364, 10.333571, 10.386129 ] }, { "date": "2023-08-25", "close": 9.81, "volume": 9900, "typical_volume": 12150.0, "trend": 10.509667, "fair_value": 11.966987, "relative_strength": -9.461539, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.7417, "energy": 37.892171, "activity_lines": [ 9.921333, 10.105455, 10.281667, 10.341032 ] }, { "date": "2023-09-01", "close": 9.7, "volume": 18200, "typical_volume": 12675.0, "trend": 10.513, "fair_value": 11.985641, "relative_strength": -11.763367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.609668, "energy": 41.233447, "activity_lines": [ 9.825333, 9.998545, 10.219143, 10.288796 ] }, { "date": "2023-09-08", "close": 9.8, "volume": 3600, "typical_volume": 12465.0, "trend": 10.468667, "fair_value": 12.005705, "relative_strength": -8.737474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.972184, "energy": 41.152672, "activity_lines": [ 9.782667, 9.928, 10.17081, 10.242796 ] }, { "date": "2023-09-15", "close": 10.0, "volume": 1900, "typical_volume": 12115.0, "trend": 10.385333, "fair_value": 12.02891, "relative_strength": -9.456952, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.521359, "energy": 31.612073, "activity_lines": [ 9.839333, 9.915636, 10.149381, 10.212559 ] }, { "date": "2023-09-22", "close": 8.57, "volume": 32100, "typical_volume": 13450.0, "trend": 10.238, "fair_value": 12.044423, "relative_strength": -20.33035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.718546, "energy": 56.121566, "activity_lines": [ 9.430667, 9.657818, 9.990238, 10.095441 ] }, { "date": "2023-09-29", "close": 8.33, "volume": 28700, "typical_volume": 14545.0, "trend": 10.115667, "fair_value": 12.055128, "relative_strength": -22.428407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.556071, "energy": 71.468084, "activity_lines": [ 9.015333, 9.382727, 9.814286, 9.972344 ] }, { "date": "2023-10-06", "close": 8.56, "volume": 12000, "typical_volume": 14790.0, "trend": 10.037, "fair_value": 12.069295, "relative_strength": -18.252981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.52802, "energy": 75.733123, "activity_lines": [ 8.775333, 9.187455, 9.670048, 9.871978 ] }, { "date": "2023-10-13", "close": 8.55, "volume": 6000, "typical_volume": 14695.0, "trend": 9.986, "fair_value": 12.080705, "relative_strength": -19.120514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.793493, "energy": 80.13343, "activity_lines": [ 8.608, 9.016545, 9.531857, 9.776043 ] }, { "date": "2023-10-20", "close": 8.29, "volume": 13900, "typical_volume": 14530.0, "trend": 9.945333, "fair_value": 12.088654, "relative_strength": -19.489915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.471036, "energy": 82.546076, "activity_lines": [ 8.437333, 8.83, 9.376762, 9.666624 ] }, { "date": "2023-10-27", "close": 8.22, "volume": 14600, "typical_volume": 14490.0, "trend": 9.897667, "fair_value": 12.102885, "relative_strength": -19.949115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.326633, "energy": 81.153035, "activity_lines": [ 8.357333, 8.664909, 9.223238, 9.555312 ] }, { "date": "2023-11-03", "close": 7.97, "volume": 12300, "typical_volume": 14630.0, "trend": 9.837333, "fair_value": 12.115, "relative_strength": -25.235766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.776855, "energy": 85.253964, "activity_lines": [ 8.217333, 8.480727, 9.05781, 9.430946 ] }, { "date": "2023-11-10", "close": 8.05, "volume": 3900, "typical_volume": 14470.0, "trend": 9.749667, "fair_value": 12.126218, "relative_strength": -25.510525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.336027, "energy": 86.253663, "activity_lines": [ 8.128, 8.344545, 8.915571, 9.315634 ] }, { "date": "2023-11-17", "close": 7.23, "volume": 21600, "typical_volume": 15110.0, "trend": 9.609, "fair_value": 12.132564, "relative_strength": -35.010369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.916841, "energy": 94.039079, "activity_lines": [ 7.799333, 8.089273, 8.707857, 9.153075 ] }, { "date": "2023-11-24", "close": 6.66, "volume": 19200, "typical_volume": 14615.0, "trend": 9.508333, "fair_value": 12.133782, "relative_strength": -39.835532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.65834, "energy": 96.513332, "activity_lines": [ 7.368667, 7.777091, 8.46381, 8.962817 ] }, { "date": "2023-12-01", "close": 6.65, "volume": 9600, "typical_volume": 14310.0, "trend": 9.402, "fair_value": 12.131923, "relative_strength": -40.642229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.071071, "energy": 94.876386, "activity_lines": [ 7.043333, 7.523818, 8.238524, 8.778409 ] }, { "date": "2023-12-08", "close": 6.15, "volume": 28500, "typical_volume": 15560.0, "trend": 9.260667, "fair_value": 12.129038, "relative_strength": -44.147186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.448724, "energy": 96.341481, "activity_lines": [ 6.656, 7.214545, 7.981667, 8.568602 ] }, { "date": "2023-12-15", "close": 6.1, "volume": 10400, "typical_volume": 15610.0, "trend": 9.129667, "fair_value": 12.125192, "relative_strength": -45.413438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.101701, "energy": 93.841221, "activity_lines": [ 6.373333, 6.935818, 7.740381, 8.364688 ] }, { "date": "2023-12-22", "close": 6.2, "volume": 9200, "typical_volume": 14915.0, "trend": 8.996333, "fair_value": 12.11891, "relative_strength": -45.118619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.164804, "energy": 90.432578, "activity_lines": [ 6.254, 6.72, 7.52719, 8.175677 ] }, { "date": "2023-12-29", "close": 6.5, "volume": 8000, "typical_volume": 14180.0, "trend": 8.879, "fair_value": 12.11891, "relative_strength": -42.52703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.4632, "energy": 84.718439, "activity_lines": [ 6.303333, 6.601455, 7.362048, 8.014624 ] }, { "date": "2024-01-05", "close": 6.4, "volume": 1800, "typical_volume": 13270.0, "trend": 8.735, "fair_value": 12.119744, "relative_strength": -41.903081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.777467, "energy": 67.261547, "activity_lines": [ 6.33, 6.497273, 7.204857, 7.854688 ] }, { "date": "2024-01-12", "close": 7.26, "volume": 58000, "typical_volume": 15675.0, "trend": 8.602333, "fair_value": 12.122308, "relative_strength": -33.108203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.750278, "energy": 52.315634, "activity_lines": [ 6.66, 6.582545, 7.145143, 7.759527 ] }, { "date": "2024-01-19", "close": 7.49, "volume": 7100, "typical_volume": 15120.0, "trend": 8.495333, "fair_value": 12.126282, "relative_strength": -28.774816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.395955, "energy": 31.576641, "activity_lines": [ 6.992667, 6.722545, 7.119476, 7.687763 ] }, { "date": "2024-01-26", "close": 7.58, "volume": 9600, "typical_volume": 15420.0, "trend": 8.381333, "fair_value": 12.133846, "relative_strength": -28.189441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.548729, "energy": 29.385332, "activity_lines": [ 7.262667, 6.889091, 7.112905, 7.62871 ] }, { "date": "2024-02-02", "close": 6.62, "volume": 3700, "typical_volume": 15510.0, "trend": 8.242, "fair_value": 12.132051, "relative_strength": -35.854817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.845916, "energy": 30.206215, "activity_lines": [ 7.120667, 6.874727, 7.025476, 7.515075 ] }, { "date": "2024-02-09", "close": 5.7, "volume": 31900, "typical_volume": 15500.0, "trend": 8.098, "fair_value": 12.127244, "relative_strength": -44.363465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.483071, "energy": 40.446579, "activity_lines": [ 6.664, 6.693818, 6.866524, 7.351075 ] }, { "date": "2024-02-16", "close": 5.62, "volume": 1600, "typical_volume": 14145.0, "trend": 7.938, "fair_value": 12.122885, "relative_strength": -44.499633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.208538, "energy": 58.530052, "activity_lines": [ 6.227333, 6.515636, 6.713619, 7.191204 ] }, { "date": "2024-02-23", "close": 5.47, "volume": 3700, "typical_volume": 13730.0, "trend": 7.787, "fair_value": 12.1175, "relative_strength": -45.192582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.166438, "energy": 86.443746, "activity_lines": [ 5.85, 6.319818, 6.559333, 7.031978 ] }, { "date": "2024-03-01", "close": 6.24, "volume": 7400, "typical_volume": 13800.0, "trend": 7.652, "fair_value": 12.118333, "relative_strength": -36.293754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.390277, "energy": 74.29967, "activity_lines": [ 5.864, 6.275455, 6.493095, 6.932172 ] }, { "date": "2024-03-08", "close": 5.73, "volume": 3500, "typical_volume": 13280.0, "trend": 7.504, "fair_value": 12.115962, "relative_strength": -39.606052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.871658, "energy": 70.780825, "activity_lines": [ 5.797333, 6.137636, 6.389286, 6.808172 ] }, { "date": "2024-03-15", "close": 5.6, "volume": 5900, "typical_volume": 12845.0, "trend": 7.368333, "fair_value": 12.112115, "relative_strength": -39.978073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.808498, "energy": 51.595451, "activity_lines": [ 5.746667, 5.990182, 6.285286, 6.685333 ] }, { "date": "2024-03-22", "close": 5.53, "volume": 900, "typical_volume": 12275.0, "trend": 7.225667, "fair_value": 12.108397, "relative_strength": -40.035897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.12484, "energy": 48.702475, "activity_lines": [ 5.679333, 5.844545, 6.187095, 6.566731 ] }, { "date": "2024-03-29", "close": 5.53, "volume": 0, "typical_volume": 12080.0, "trend": 7.086667, "fair_value": 12.104103, "relative_strength": -39.717812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.176397, "energy": 50.041114, "activity_lines": [ 5.618, 5.730364, 6.100524, 6.457333 ] }, { "date": "2024-04-05", "close": 5.94, "volume": 1900, "typical_volume": 11095.0, "trend": 6.958, "fair_value": 12.103397, "relative_strength": -33.685715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.976514, "energy": 41.992314, "activity_lines": [ 5.689333, 5.726364, 6.065, 6.383355 ] }, { "date": "2024-04-12", "close": 5.49, "volume": 23900, "typical_volume": 11330.0, "trend": 6.807667, "fair_value": 12.100192, "relative_strength": -37.325582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.441488, "energy": 47.04745, "activity_lines": [ 5.630667, 5.670364, 5.992762, 6.288645 ] }, { "date": "2024-04-19", "close": 5.29, "volume": 13800, "typical_volume": 11540.0, "trend": 6.698333, "fair_value": 12.087308, "relative_strength": -38.05715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.329661, "energy": 48.581512, "activity_lines": [ 5.521333, 5.598545, 5.907048, 6.190731 ] }, { "date": "2024-04-26", "close": 5.22, "volume": 8400, "typical_volume": 10535.0, "trend": 6.594667, "fair_value": 12.04, "relative_strength": -38.665219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.356964, "energy": 50.645634, "activity_lines": [ 5.409333, 5.521455, 5.821143, 6.095355 ] }, { "date": "2024-05-03", "close": 5.27, "volume": 600, "typical_volume": 10045.0, "trend": 6.485, "fair_value": 11.992628, "relative_strength": -38.102874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.461474, "energy": 67.825683, "activity_lines": [ 5.334667, 5.460727, 5.744429, 6.009892 ] }, { "date": "2024-05-10", "close": 5.39, "volume": 3800, "typical_volume": 9775.0, "trend": 6.379667, "fair_value": 11.95532, "relative_strength": -35.235788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.097182, "energy": 71.251244, "activity_lines": [ 5.317333, 5.425455, 5.683095, 5.939247 ] }, { "date": "2024-05-17", "close": 5.51, "volume": 3800, "typical_volume": 9565.0, "trend": 6.287, "fair_value": 11.909808, "relative_strength": -33.140777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.814528, "energy": 48.173379, "activity_lines": [ 5.376667, 5.427455, 5.637048, 5.88314 ] }, { "date": "2024-05-24", "close": 8.23, "volume": 224800, "typical_volume": 20715.0, "trend": 6.287333, "fair_value": 11.876795, "relative_strength": 3.752409, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.146996, "energy": 32.754253, "activity_lines": [ 6.341333, 5.928, 5.854762, 6.008495 ] }, { "date": "2024-05-31", "close": 8.45, "volume": 4700, "typical_volume": 18050.0, "trend": 6.303333, "fair_value": 11.837372, "relative_strength": 9.103738, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.076155, "energy": 66.96972, "activity_lines": [ 7.183333, 6.420727, 6.084714, 6.148022 ] }, { "date": "2024-06-07", "close": 8.57, "volume": 43700, "typical_volume": 19880.0, "trend": 6.320667, "fair_value": 11.767949, "relative_strength": 12.577324, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.114139, "energy": 84.25851, "activity_lines": [ 7.85, 6.882182, 6.320429, 6.294258 ] }, { "date": "2024-06-14", "close": 8.05, "volume": 2200, "typical_volume": 19510.0, "trend": 6.348, "fair_value": 11.699038, "relative_strength": 7.621756, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.71954, "energy": 87.759047, "activity_lines": [ 8.123333, 7.193818, 6.501476, 6.405828 ] }, { "date": "2024-06-21", "close": 8.57, "volume": 35900, "typical_volume": 21120.0, "trend": 6.411667, "fair_value": 11.61359, "relative_strength": 13.663461, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.468388, "energy": 90.274577, "activity_lines": [ 8.392667, 7.561636, 6.72981, 6.549183 ] }, { "date": "2024-06-28", "close": 8.23, "volume": 4700, "typical_volume": 19760.0, "trend": 6.464333, "fair_value": 11.519615, "relative_strength": 7.785275, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.756388, "energy": 77.861792, "activity_lines": [ 8.344667, 7.811636, 6.916476, 6.666495 ] }, { "date": "2024-07-05", "close": 8.37, "volume": 2900, "typical_volume": 19825.0, "trend": 6.538333, "fair_value": 11.350256, "relative_strength": 8.400323, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.536465, "energy": 61.079307, "activity_lines": [ 8.343333, 8.033636, 7.104429, 6.789441 ] }, { "date": "2024-07-12", "close": 8.37, "volume": 100, "typical_volume": 19645.0, "trend": 6.614, "fair_value": 11.197179, "relative_strength": 6.867007, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.947529, "energy": 59.369807, "activity_lines": [ 8.347333, 8.198364, 7.279286, 6.907613 ] }, { "date": "2024-07-19", "close": 11.0, "volume": 14800, "typical_volume": 20015.0, "trend": 6.774, "fair_value": 11.084936, "relative_strength": 41.877853, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.791019, "energy": 73.641078, "activity_lines": [ 9.241333, 8.784909, 7.69081, 7.190581 ] }, { "date": "2024-07-26", "close": 9.34, "volume": 100, "typical_volume": 19845.0, "trend": 6.868667, "fair_value": 10.990962, "relative_strength": 20.965124, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.771355, "energy": 61.352773, "activity_lines": [ 9.385333, 8.967636, 7.921571, 7.356129 ] }, { "date": "2024-08-02", "close": 9.0, "volume": 600, "typical_volume": 19580.0, "trend": 6.955333, "fair_value": 10.877179, "relative_strength": 18.628389, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.525374, "energy": 57.090363, "activity_lines": [ 9.364667, 9.018909, 8.102762, 7.493634 ] }, { "date": "2024-08-09", "close": 9.34, "volume": 400, "typical_volume": 19555.0, "trend": 7.024667, "fair_value": 10.768397, "relative_strength": 19.178743, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.192703, "energy": 55.774734, "activity_lines": [ 9.406, 9.118, 8.300143, 7.647484 ] }, { "date": "2024-08-16", "close": 9.34, "volume": 200, "typical_volume": 19565.0, "trend": 7.086333, "fair_value": 10.687821, "relative_strength": 16.735069, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.117078, "energy": 45.728609, "activity_lines": [ 9.382667, 9.200909, 8.479381, 7.79686 ] }, { "date": "2024-08-23", "close": 8.57, "volume": 6600, "typical_volume": 19800.0, "trend": 7.119333, "fair_value": 10.607115, "relative_strength": 6.541274, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.581275, "energy": 37.193494, "activity_lines": [ 9.038, 9.129818, 8.567143, 7.892581 ] }, { "date": "2024-08-30", "close": 9.2, "volume": 200, "typical_volume": 18615.0, "trend": 7.205333, "fair_value": 10.550705, "relative_strength": 14.583937, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.050312, "energy": 36.443253, "activity_lines": [ 9.065333, 9.163818, 8.702381, 8.026817 ] }, { "date": "2024-09-06", "close": 9.2, "volume": 0, "typical_volume": 17925.0, "trend": 7.322, "fair_value": 10.494295, "relative_strength": 16.433654, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.743905, "energy": 34.623878, "activity_lines": [ 9.102, 9.186364, 8.819952, 8.155505 ] }, { "date": "2024-09-13", "close": 8.57, "volume": 3900, "typical_volume": 17700.0, "trend": 7.420333, "fair_value": 10.441346, "relative_strength": 8.9487, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.427383, "energy": 25.289773, "activity_lines": [ 8.915333, 9.076727, 8.858905, 8.236022 ] }, { "date": "2024-09-20", "close": 8.57, "volume": 0, "typical_volume": 17670.0, "trend": 7.523667, "fair_value": 10.368077, "relative_strength": 12.436245, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.329217, "energy": 23.811878, "activity_lines": [ 8.78, 8.963455, 8.881905, 8.310194 ] }, { "date": "2024-09-27", "close": 8.0, "volume": 400, "typical_volume": 17500.0, "trend": 7.582333, "fair_value": 10.293013, "relative_strength": 4.026282, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.484659, "energy": 14.647313, "activity_lines": [ 8.506, 8.742909, 8.834905, 8.340925 ] }, { "date": "2024-10-04", "close": 8.2, "volume": 200, "typical_volume": 17320.0, "trend": 7.664667, "fair_value": 10.225128, "relative_strength": 7.842443, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.14375, "energy": 19.668426, "activity_lines": [ 8.336667, 8.613273, 8.794524, 8.380774 ] }, { "date": "2024-10-11", "close": 9.15, "volume": 600, "typical_volume": 6110.0, "trend": 7.783, "fair_value": 10.163462, "relative_strength": 22.144144, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.394868, "energy": 18.344675, "activity_lines": [ 8.550667, 8.677091, 8.83181, 8.476602 ] }, { "date": "2024-10-18", "close": 8.8, "volume": 200, "typical_volume": 5885.0, "trend": 7.892, "fair_value": 10.116026, "relative_strength": 17.24363, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.402244, "energy": 12.665581, "activity_lines": [ 8.651333, 8.674545, 8.831381, 8.542215 ] }, { "date": "2024-10-25", "close": 9.1, "volume": 1100, "typical_volume": 3755.0, "trend": 8.011, "fair_value": 10.100641, "relative_strength": 21.907799, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.36683, "energy": 30.023281, "activity_lines": [ 8.836667, 8.736364, 8.857857, 8.620151 ] }, { "date": "2024-11-01", "close": 10.34, "volume": 4500, "typical_volume": 3870.0, "trend": 8.157667, "fair_value": 10.084936, "relative_strength": 39.815109, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 83.435447, "energy": 76.217742, "activity_lines": [ 9.4, 9.028, 8.999905, 8.770409 ] }, { "date": "2024-11-08", "close": 11.31, "volume": 17700, "typical_volume": 2960.0, "trend": 8.351667, "fair_value": 10.059038, "relative_strength": 52.176807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.310265, "energy": 81.749714, "activity_lines": [ 10.130667, 9.463818, 9.223429, 8.973785 ] }, { "date": "2024-11-15", "close": 11.0, "volume": 1000, "typical_volume": 2775.0, "trend": 8.542, "fair_value": 10.02891, "relative_strength": 46.678402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.882423, "energy": 82.486773, "activity_lines": [ 10.550667, 9.804909, 9.404381, 9.144645 ] }, { "date": "2024-11-22", "close": 12.5, "volume": 7300, "typical_volume": 2995.0, "trend": 8.784667, "fair_value": 10.017436, "relative_strength": 62.626244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.827957, "energy": 89.971063, "activity_lines": [ 11.347333, 10.386, 9.715, 9.4 ] }, { "date": "2024-11-29", "close": 14.99, "volume": 36700, "typical_volume": 4825.0, "trend": 9.108667, "fair_value": 10.025962, "relative_strength": 96.119187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.196044, "energy": 93.416515, "activity_lines": [ 12.727333, 11.348364, 10.243095, 9.800344 ] }, { "date": "2024-12-06", "close": 14.99, "volume": 3600, "typical_volume": 4265.0, "trend": 9.428667, "fair_value": 10.023718, "relative_strength": 91.411682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.138088, "energy": 92.668157, "activity_lines": [ 13.714667, 12.194, 10.739667, 10.179785 ] }, { "date": "2024-12-13", "close": 12.65, "volume": 4000, "typical_volume": 4460.0, "trend": 9.666667, "fair_value": 10.003269, "relative_strength": 60.546567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.697074, "energy": 73.363555, "activity_lines": [ 13.612, 12.487091, 10.994381, 10.387613 ] }, { "date": "2024-12-20", "close": 12.6, "volume": 4000, "typical_volume": 4630.0, "trend": 9.812333, "fair_value": 9.986923, "relative_strength": 60.442777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.998994, "energy": 56.812831, "activity_lines": [ 13.403333, 12.690182, 11.228571, 10.57686 ] }, { "date": "2024-12-27", "close": 12.6, "volume": 0, "typical_volume": 4610.0, "trend": 9.950667, "fair_value": 9.958205, "relative_strength": 60.1903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.394183, "energy": 47.259243, "activity_lines": [ 13.088, 12.830545, 11.445619, 10.75671 ] }, { "date": "2025-01-03", "close": 12.58, "volume": 100, "typical_volume": 4605.0, "trend": 10.084333, "fair_value": 9.942885, "relative_strength": 59.573152, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.889414, "energy": 31.176981, "activity_lines": [ 12.759333, 12.898182, 11.645238, 10.926344 ] }, { "date": "2025-01-10", "close": 10.8, "volume": 5400, "typical_volume": 4545.0, "trend": 10.176, "fair_value": 9.914423, "relative_strength": 35.23629, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.375003, "energy": 19.817959, "activity_lines": [ 11.998, 12.578909, 11.659905, 10.972516 ] }, { "date": "2025-01-17", "close": 10.8, "volume": 1100, "typical_volume": 4590.0, "trend": 10.250333, "fair_value": 9.88109, "relative_strength": 30.271067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.893448, "energy": 19.306504, "activity_lines": [ 11.516, 12.251273, 11.663952, 11.012774 ] }, { "date": "2025-01-24", "close": 10.11, "volume": 300, "typical_volume": 4605.0, "trend": 10.313, "fair_value": 9.843462, "relative_strength": 21.034334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.39178, "energy": 17.013582, "activity_lines": [ 10.927333, 11.807455, 11.594667, 11.00372 ] }, { "date": "2025-01-31", "close": 10.64, "volume": 300, "typical_volume": 4425.0, "trend": 10.388667, "fair_value": 9.809551, "relative_strength": 22.539101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.104366, "energy": 17.997271, "activity_lines": [ 10.681333, 11.476182, 11.571524, 11.024817 ] }, { "date": "2025-02-07", "close": 10.0, "volume": 1600, "typical_volume": 4505.0, "trend": 10.443, "fair_value": 9.768526, "relative_strength": 15.417558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.018436, "energy": 28.211758, "activity_lines": [ 10.352667, 11.062364, 11.477571, 10.999742 ] }, { "date": "2025-02-14", "close": 10.27, "volume": 1500, "typical_volume": 4560.0, "trend": 10.418667, "fair_value": 9.73141, "relative_strength": 14.056195, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.419153, "energy": 30.586048, "activity_lines": [ 10.286, 10.788364, 11.402524, 10.988581 ] }, { "date": "2025-02-21", "close": 10.93, "volume": 100, "typical_volume": 4555.0, "trend": 10.471667, "fair_value": 9.705705, "relative_strength": 20.979631, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.093857, "energy": 23.347604, "activity_lines": [ 10.474667, 10.720182, 11.379524, 11.02157 ] }, { "date": "2025-02-28", "close": 10.28, "volume": 1900, "typical_volume": 4620.0, "trend": 10.514333, "fair_value": 9.659936, "relative_strength": 16.678295, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.543345, "energy": 38.722125, "activity_lines": [ 10.438, 10.565091, 11.281619, 11.009204 ] }, { "date": "2025-03-07", "close": 10.69, "volume": 200, "typical_volume": 4620.0, "trend": 10.559333, "fair_value": 9.628782, "relative_strength": 17.885404, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.841518, "energy": 18.087887, "activity_lines": [ 10.526667, 10.526727, 11.217381, 11.020538 ] }, { "date": "2025-03-14", "close": 10.69, "volume": 100, "typical_volume": 4570.0, "trend": 10.604333, "fair_value": 9.598397, "relative_strength": 13.138777, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -5.818837, "energy": 16.207595, "activity_lines": [ 10.612, 10.523091, 11.144143, 11.028968 ] }, { "date": "2025-03-21", "close": 12.16, "volume": 5200, "typical_volume": 4605.0, "trend": 10.724, "fair_value": 9.576859, "relative_strength": 23.830726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.420664, "energy": 26.347396, "activity_lines": [ 11.141333, 10.821091, 11.203333, 11.129333 ] }, { "date": "2025-03-28", "close": 12.45, "volume": 2100, "typical_volume": 3825.0, "trend": 10.832333, "fair_value": 9.555321, "relative_strength": 25.543107, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.788478, "energy": 38.469496, "activity_lines": [ 11.641333, 11.147091, 11.281476, 11.240688 ] }, { "date": "2025-04-04", "close": 12.1, "volume": 900, "typical_volume": 3820.0, "trend": 10.929, "fair_value": 9.540577, "relative_strength": 24.927031, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.967793, "energy": 39.234375, "activity_lines": [ 11.923333, 11.379455, 11.320857, 11.322473 ] }, { "date": "2025-04-11", "close": 12.1, "volume": 0, "typical_volume": 3455.0, "trend": 11.046667, "fair_value": 9.532244, "relative_strength": 22.920788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.396659, "energy": 54.87839, "activity_lines": [ 12.084, 11.575636, 11.355, 11.398022 ] }, { "date": "2025-04-18", "close": 12.25, "volume": 900, "typical_volume": 1665.0, "trend": 11.169333, "fair_value": 9.520577, "relative_strength": 20.980145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.744791, "energy": 67.669108, "activity_lines": [ 12.200667, 11.772545, 11.405333, 11.475656 ] }, { "date": "2025-04-25", "close": 12.3, "volume": 500, "typical_volume": 1510.0, "trend": 11.312667, "fair_value": 9.512885, "relative_strength": 15.463516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.477411, "energy": 65.632539, "activity_lines": [ 12.23, 11.937636, 11.473476, 11.548602 ] }, { "date": "2025-05-02", "close": 13.5, "volume": 400, "typical_volume": 1330.0, "trend": 11.489333, "fair_value": 9.51609, "relative_strength": 24.573341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.412421, "energy": 78.072114, "activity_lines": [ 12.65, 12.284, 11.668714, 11.68972 ] }, { "date": "2025-05-09", "close": 15.0, "volume": 3400, "typical_volume": 1300.0, "trend": 11.684333, "fair_value": 9.52891, "relative_strength": 34.830665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.930511, "energy": 93.92492, "activity_lines": [ 13.5, 12.856364, 12.002762, 11.916215 ] }, { "date": "2025-05-16", "close": 15.05, "volume": 4800, "typical_volume": 1540.0, "trend": 11.892667, "fair_value": 9.54109, "relative_strength": 30.671835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.19452, "energy": 91.324112, "activity_lines": [ 14.173333, 13.352, 12.330143, 12.133355 ] }, { "date": "2025-05-23", "close": 15.29, "volume": 2300, "typical_volume": 1650.0, "trend": 12.099, "fair_value": 9.564872, "relative_strength": 32.689132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.569662, "energy": 92.141621, "activity_lines": [ 14.73, 13.812, 12.668714, 12.352538 ] }, { "date": "2025-05-30", "close": 13.15, "volume": 13000, "typical_volume": 2030.0, "trend": 12.192667, "fair_value": 9.580705, "relative_strength": 14.079447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.756757, "energy": 66.663727, "activity_lines": [ 14.370667, 13.799273, 12.790571, 12.420344 ] }, { "date": "2025-06-06", "close": 12.99, "volume": 400, "typical_volume": 1995.0, "trend": 12.248667, "fair_value": 9.599872, "relative_strength": 12.8259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.537013, "energy": 47.131789, "activity_lines": [ 13.901333, 13.739455, 12.886, 12.471785 ] }, { "date": "2025-06-13", "close": 12.2, "volume": 200, "typical_volume": 1990.0, "trend": 12.288667, "fair_value": 9.613974, "relative_strength": 4.59176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.346538, "energy": 19.893537, "activity_lines": [ 13.202667, 13.526182, 12.895762, 12.468645 ] }, { "date": "2025-06-20", "close": 12.59, "volume": 800, "typical_volume": 2015.0, "trend": 12.291667, "fair_value": 9.633782, "relative_strength": 7.496266, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.49044, "energy": 29.647806, "activity_lines": [ 12.820667, 13.382, 12.932714, 12.488086 ] }, { "date": "2025-06-27", "close": 12.72, "volume": 2300, "typical_volume": 2050.0, "trend": 12.216, "fair_value": 9.659615, "relative_strength": 8.158908, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.269977, "energy": 27.275897, "activity_lines": [ 12.646, 13.252545, 12.972762, 12.51572 ] }, { "date": "2025-07-04", "close": 12.59, "volume": 1800, "typical_volume": 2065.0, "trend": 12.136, "fair_value": 9.681218, "relative_strength": 3.040201, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.57636, "energy": 23.209206, "activity_lines": [ 12.599333, 13.090909, 12.987476, 12.539849 ] }, { "date": "2025-07-11", "close": 12.59, "volume": 400, "typical_volume": 2080.0, "trend": 12.134, "fair_value": 9.701026, "relative_strength": 6.39167, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.034533, "energy": 14.694671, "activity_lines": [ 12.59, 12.924, 12.991143, 12.56914 ] }, { "date": "2025-07-18", "close": 12.1, "volume": 4800, "typical_volume": 2225.0, "trend": 12.117333, "fair_value": 9.718333, "relative_strength": 4.296897, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.870512, "energy": 11.103908, "activity_lines": [ 12.444, 12.684545, 12.940238, 12.566946 ] }, { "date": "2025-07-25", "close": 11.8, "volume": 500, "typical_volume": 2240.0, "trend": 12.090667, "fair_value": 9.735513, "relative_strength": 1.264464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.160645, "energy": 13.842669, "activity_lines": [ 12.204667, 12.443273, 12.852095, 12.546473 ] }, { "date": "2025-08-01", "close": 10.87, "volume": 100, "typical_volume": 2240.0, "trend": 12.033667, "fair_value": 9.738205, "relative_strength": -6.169362, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.963525, "energy": 45.10122, "activity_lines": [ 11.708, 12.092, 12.670095, 12.46772 ] }, { "date": "2025-08-08", "close": 11.99, "volume": 1300, "typical_volume": 2045.0, "trend": 12.073333, "fair_value": 9.750705, "relative_strength": 0.482421, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.450762, "energy": 41.202834, "activity_lines": [ 11.708, 12.024727, 12.593905, 12.464903 ] }, { "date": "2025-08-15", "close": 11.43, "volume": 200, "typical_volume": 1950.0, "trend": 12.094333, "fair_value": 9.754808, "relative_strength": -4.805545, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.707865, "energy": 49.203968, "activity_lines": [ 11.561333, 11.876727, 12.46519, 12.423398 ] }, { "date": "2025-08-22", "close": 10.6, "volume": 5700, "typical_volume": 2190.0, "trend": 12.110667, "fair_value": 9.75859, "relative_strength": -13.018186, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.633101, "energy": 63.573233, "activity_lines": [ 11.215333, 11.606182, 12.262286, 12.326989 ] }, { "date": "2025-08-29", "close": 10.54, "volume": 2700, "typical_volume": 2325.0, "trend": 12.107333, "fair_value": 9.756923, "relative_strength": -15.749166, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.42425, "energy": 72.790626, "activity_lines": [ 10.949333, 11.353818, 12.06081, 12.225656 ] }, { "date": "2025-09-05", "close": 10.21, "volume": 400, "typical_volume": 2300.0, "trend": 12.114333, "fair_value": 9.756538, "relative_strength": -19.140388, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.994845, "energy": 88.349397, "activity_lines": [ 10.657333, 11.078727, 11.835333, 12.103247 ] }, { "date": "2025-09-12", "close": 10.4, "volume": 9300, "typical_volume": 2740.0, "trend": 12.118667, "fair_value": 9.759744, "relative_strength": -17.593798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.660684, "energy": 86.280997, "activity_lines": [ 10.472667, 10.883818, 11.637667, 11.992645 ] }, { "date": "2025-09-19", "close": 10.2, "volume": 2300, "typical_volume": 2835.0, "trend": 12.094333, "fair_value": 9.761987, "relative_strength": -21.246873, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.832624, "energy": 87.244775, "activity_lines": [ 10.327333, 10.692364, 11.43, 11.86886 ] }, { "date": "2025-09-26", "close": 10.2, "volume": 4900, "typical_volume": 2910.0, "trend": 12.091667, "fair_value": 9.754936, "relative_strength": -21.188773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.819879, "energy": 83.928959, "activity_lines": [ 10.264, 10.544364, 11.238048, 11.746645 ] }, { "date": "2025-10-03", "close": 10.2, "volume": 0, "typical_volume": 2670.0, "trend": 12.075333, "fair_value": 9.74859, "relative_strength": -20.653809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.321545, "energy": 81.556263, "activity_lines": [ 10.227333, 10.430909, 11.068952, 11.624602 ] }, { "date": "2025-10-10", "close": 10.01, "volume": 3000, "typical_volume": 2705.0, "trend": 12.052667, "fair_value": 9.745064, "relative_strength": -20.196086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.49334, "energy": 73.594692, "activity_lines": [ 10.15, 10.312, 10.904857, 11.491355 ] }, { "date": "2025-10-17", "close": 9.78, "volume": 5000, "typical_volume": 2305.0, "trend": 11.973333, "fair_value": 9.738333, "relative_strength": -23.520808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.124106, "energy": 79.343681, "activity_lines": [ 10.009333, 10.166909, 10.744, 11.344731 ] }, { "date": "2025-10-24", "close": 9.88, "volume": 4000, "typical_volume": 2485.0, "trend": 11.887667, "fair_value": 9.734359, "relative_strength": -24.164189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.054888, "energy": 64.498732, "activity_lines": [ 9.943333, 10.080182, 10.608714, 11.209677 ] }, { "date": "2025-10-31", "close": 9.84, "volume": 800, "typical_volume": 2515.0, "trend": 11.812333, "fair_value": 9.730128, "relative_strength": -25.934143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.792768, "energy": 65.038349, "activity_lines": [ 9.885333, 10.014364, 10.484429, 11.07757 ] }, { "date": "2025-11-07", "close": 10.0, "volume": 3600, "typical_volume": 2655.0, "trend": 11.742333, "fair_value": 9.722436, "relative_strength": -26.565445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.336985, "energy": 70.870374, "activity_lines": [ 9.904667, 9.991455, 10.386619, 10.960645 ] }, { "date": "2025-11-14", "close": 9.76, "volume": 1700, "typical_volume": 2625.0, "trend": 11.659333, "fair_value": 9.721859, "relative_strength": -29.627118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.540908, "energy": 64.524804, "activity_lines": [ 9.857333, 9.934727, 10.278286, 10.832753 ] }, { "date": "2025-11-21", "close": 9.46, "volume": 6100, "typical_volume": 2840.0, "trend": 11.564667, "fair_value": 9.717115, "relative_strength": -29.934917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.494577, "energy": 70.390942, "activity_lines": [ 9.726667, 9.831636, 10.155476, 10.69086 ] }, { "date": "2025-11-28", "close": 9.5, "volume": 100, "typical_volume": 2825.0, "trend": 11.431333, "fair_value": 9.71391, "relative_strength": -30.630733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.870461, "energy": 66.206249, "activity_lines": [ 9.630667, 9.752909, 10.051381, 10.557656 ] }, { "date": "2025-12-05", "close": 9.52, "volume": 1000, "typical_volume": 2635.0, "trend": 11.248667, "fair_value": 9.712179, "relative_strength": -28.801651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.601268, "energy": 65.957877, "activity_lines": [ 9.566667, 9.690545, 9.963905, 10.434344 ] }, { "date": "2025-12-12", "close": 8.59, "volume": 7700, "typical_volume": 2995.0, "trend": 11.033333, "fair_value": 9.708718, "relative_strength": -36.422506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.356482, "energy": 84.845856, "activity_lines": [ 9.214, 9.471455, 9.800143, 10.262817 ] }, { "date": "2025-12-19", "close": 8.95, "volume": 700, "typical_volume": 3025.0, "trend": 10.822, "fair_value": 9.706474, "relative_strength": -32.073432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.205797, "energy": 78.549332, "activity_lines": [ 9.075333, 9.347091, 9.685952, 10.128409 ] }, { "date": "2025-12-26", "close": 8.2, "volume": 1600, "typical_volume": 3040.0, "trend": 10.657, "fair_value": 9.695, "relative_strength": -37.930812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.256239, "energy": 91.217061, "activity_lines": [ 8.740667, 9.105636, 9.509476, 9.959247 ] }, { "date": "2026-01-02", "close": 8.63, "volume": 400, "typical_volume": 3050.0, "trend": 10.511667, "fair_value": 9.685897, "relative_strength": -33.717225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.292944, "energy": 76.900534, "activity_lines": [ 8.633333, 8.971091, 9.392, 9.828473 ] }, { "date": "2026-01-09", "close": 9.31, "volume": 6200, "typical_volume": 3075.0, "trend": 10.415333, "fair_value": 9.684615, "relative_strength": -29.164534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.476875, "energy": 59.792238, "activity_lines": [ 8.810667, 8.982909, 9.352619, 9.750946 ] }, { "date": "2026-01-16", "close": 8.39, "volume": 500, "typical_volume": 2965.0, "trend": 10.275333, "fair_value": 9.678654, "relative_strength": -36.148051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.846934, "energy": 61.997159, "activity_lines": [ 8.695333, 8.837091, 9.231762, 9.62028 ] }, { "date": "2026-01-23", "close": 8.97, "volume": 3500, "typical_volume": 3120.0, "trend": 10.150333, "fair_value": 9.673397, "relative_strength": -36.604294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.436348, "energy": 48.310061, "activity_lines": [ 8.786667, 8.826, 9.176381, 9.536065 ] }, { "date": "2026-01-30", "close": 8.62, "volume": 7600, "typical_volume": 3035.0, "trend": 10.018, "fair_value": 9.667115, "relative_strength": -39.376682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.857366, "energy": 44.928017, "activity_lines": [ 8.76, 8.765636, 9.093571, 9.437333 ] }, { "date": "2026-02-06", "close": 10.22, "volume": 253300, "typical_volume": 15585.0, "trend": 9.939, "fair_value": 9.661282, "relative_strength": -28.31848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.029925, "energy": 9.975714, "activity_lines": [ 9.238667, 9.011455, 9.171619, 9.450366 ] }, { "date": "2026-02-13", "close": 10.26, "volume": 2300, "typical_volume": 15455.0, "trend": 9.877667, "fair_value": 9.646923, "relative_strength": -28.954509, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.495889, "energy": 15.183666, "activity_lines": [ 9.624667, 9.251455, 9.253381, 9.471075 ] }, { "date": "2026-02-20", "close": 10.7, "volume": 600, "typical_volume": 15485.0, "trend": 9.841, "fair_value": 9.632244, "relative_strength": -26.949546, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.258133, "energy": 34.253012, "activity_lines": [ 10.094, 9.558, 9.376762, 9.524129 ] }, { "date": "2026-02-27", "close": 10.7, "volume": 5100, "typical_volume": 15590.0, "trend": 9.835333, "fair_value": 9.62391, "relative_strength": -25.771523, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.948665, "energy": 37.145541, "activity_lines": [ 10.409333, 9.826182, 9.497762, 9.579548 ] }, { "date": "2026-03-06", "close": 14.0, "volume": 6700, "typical_volume": 15675.0, "trend": 9.902333, "fair_value": 9.643654, "relative_strength": 2.415117, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.702573, "energy": 76.004964, "activity_lines": [ 11.709333, 10.662545, 9.929762, 9.848237 ] }, { "date": "2026-03-13", "close": 17.24, "volume": 19000, "typical_volume": 16425.0, "trend": 10.096, "fair_value": 9.689551, "relative_strength": 26.879327, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 97.27477, "energy": 96.96441, "activity_lines": [ 13.730667, 11.982545, 10.650238, 10.321634 ] }, { "date": "2026-03-20", "close": 22.5, "volume": 20700, "typical_volume": 17420.0, "trend": 10.492667, "fair_value": 9.772821, "relative_strength": 65.448983, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.114366, "energy": 99.321416, "activity_lines": [ 17.037333, 14.102364, 11.836619, 11.121892 ] }, { "date": "2026-03-27", "close": 24.25, "volume": 10800, "typical_volume": 17780.0, "trend": 10.949667, "fair_value": 9.86641, "relative_strength": 71.401114, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.208037, "energy": 98.916326, "activity_lines": [ 20.111333, 16.300545, 13.129381, 12.009462 ] }, { "date": "2026-04-03", "close": 21.0, "volume": 4000, "typical_volume": 17895.0, "trend": 11.309333, "fair_value": 9.938333, "relative_strength": 42.719103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.530874, "energy": 88.804166, "activity_lines": [ 21.198667, 17.619455, 14.044762, 12.657871 ] }, { "date": "2026-04-10", "close": 19.93, "volume": 1300, "typical_volume": 17655.0, "trend": 11.627, "fair_value": 9.997628, "relative_strength": 28.885239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.041263, "energy": 86.885782, "activity_lines": [ 21.242667, 18.525091, 14.804714, 13.214043 ] }, { "date": "2026-04-17", "close": 20.0, "volume": 300, "typical_volume": 17665.0, "trend": 11.953667, "fair_value": 10.052436, "relative_strength": 30.142835, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.213052, "energy": 66.448464, "activity_lines": [ 20.914667, 19.237818, 15.521476, 13.754237 ] }, { "date": "2026-04-24", "close": 16.33, "volume": 200, "typical_volume": 17625.0, "trend": 12.158, "fair_value": 10.095064, "relative_strength": 9.192738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.377575, "energy": 51.989756, "activity_lines": [ 19.179333, 19.105455, 15.838714, 14.036581 ] }, { "date": "2026-05-01", "close": 17.0, "volume": 900, "typical_volume": 17285.0, "trend": 12.384667, "fair_value": 10.140962, "relative_strength": 16.012691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.364668, "energy": 34.3553, "activity_lines": [ 18.078667, 18.984545, 16.187333, 14.348968 ] }, { "date": "2026-05-08", "close": 13.8, "volume": 3200, "typical_volume": 17410.0, "trend": 12.511, "fair_value": 10.162821, "relative_strength": -3.353257, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.039932, "energy": 27.570272, "activity_lines": [ 16.394667, 18.167273, 16.191143, 14.44028 ] }, { "date": "2026-05-15", "close": 13.8, "volume": 0, "typical_volume": 17330.0, "trend": 12.645, "fair_value": 10.186987, "relative_strength": 1.126301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.568892, "energy": 29.23585, "activity_lines": [ 15.190667, 17.293636, 16.171857, 14.523441 ] }, { "date": "2026-05-22", "close": 14.9, "volume": 100, "typical_volume": 17315.0, "trend": 12.812333, "fair_value": 10.217115, "relative_strength": 10.581399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.201186, "energy": 26.704335, "activity_lines": [ 14.762, 16.623636, 16.230667, 14.668925 ] }, { "date": "2026-05-29", "close": 14.9, "volume": 0, "typical_volume": 17005.0, "trend": 12.981, "fair_value": 10.248397, "relative_strength": 12.411723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.133487, "energy": 22.00117, "activity_lines": [ 14.673333, 15.996182, 16.259619, 14.803613 ] }, { "date": "2026-06-05", "close": 14.0, "volume": 0, "typical_volume": 16980.0, "trend": 13.114333, "fair_value": 10.269423, "relative_strength": 8.948411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.068581, "energy": 18.497598, "activity_lines": [ 14.38, 15.343273, 16.176238, 14.869355 ] }, { "date": "2026-06-12", "close": 14.0, "volume": 0, "typical_volume": 16805.0, "trend": 13.255667, "fair_value": 10.287115, "relative_strength": 7.796308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.346223, "energy": 18.121357, "activity_lines": [ 14.286667, 14.876727, 16.066143, 14.926495 ] }, { "date": "2026-06-19", "close": 14.0, "volume": 0, "typical_volume": 16425.0, "trend": 13.407, "fair_value": 10.308269, "relative_strength": 9.675161, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.248086, "energy": 32.440877, "activity_lines": [ 14.18, 14.537455, 15.932095, 14.974516 ] }, { "date": "2026-06-26", "close": 14.48, "volume": 0, "typical_volume": 3760.0, "trend": 13.573, "fair_value": 10.330577, "relative_strength": 10.610001, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.792554, "energy": 36.914565, "activity_lines": [ 14.22, 14.393273, 15.818143, 15.043742 ] }, { "date": "2026-07-03", "close": 14.48, "volume": 0, "typical_volume": 3645.0, "trend": 13.738333, "fair_value": 10.354167, "relative_strength": 10.15908, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.931462, "energy": 36.343444, "activity_lines": [ 14.288, 14.349455, 15.683905, 15.102258 ] }, { "date": "2026-07-10", "close": 14.48, "volume": 0, "typical_volume": 3615.0, "trend": 13.934667, "fair_value": 10.382756, "relative_strength": 8.234023, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 7.694359, "energy": 35.892783, "activity_lines": [ 14.384, 14.339273, 15.529571, 15.150108 ] }, { "date": "2026-07-17", "close": 14.48, "volume": 0, "typical_volume": 3360.0, "trend": 14.119, "fair_value": 10.408782, "relative_strength": 11.029936, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 11.510911, "energy": 19.647092, "activity_lines": [ 14.448, 14.374909, 15.357238, 15.18529 ] }, { "date": "2026-07-24", "close": 14.48, "volume": 0, "typical_volume": 3025.0, "trend": 14.328333, "fair_value": 10.4375, "relative_strength": 10.967796, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.645736, "energy": 22.905759, "activity_lines": [ 14.48, 14.398182, 15.166905, 15.208581 ] }, { "date": "2026-07-31", "close": 15.89, "volume": 400, "typical_volume": 2095.0, "trend": 14.570333, "fair_value": 10.473397, "relative_strength": 18.847003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.212005, "energy": 23.785395, "activity_lines": [ 14.95, 14.665455, 15.108571, 15.309333 ] }, { "date": "2026-08-07", "close": 12.0, "volume": 1800, "typical_volume": 1150.0, "trend": 14.66, "fair_value": 10.485128, "relative_strength": -6.949035, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -55.611776, "energy": 46.886227, "activity_lines": [ 14.029333, 14.207455, 14.68619, 15.143505 ] } ], "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." } } }