{ "ticker": { "uuid": "7ec07566-ed13-46e8-a172-c5d90473dcd8", "symbol": "TCU", "name": "Credit Bureau Asia Limited", "exchange": "SES", "country": "SG", "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": "^STI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -80.498, "architecture_energy": 83.573, "architecture_maturity": 80.144, "architecture_confidence": 83.59, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 10.42, "rotation_up": 10.57, "upward_expansion": 18.55, "deceleration": 37.42, "rotation_down": 81.89, "downward_expansion": 96.55 }, "activity_lines": [ 1.096, 1.112, 1.125705, 1.142943 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 1.08, "trend_reference": 1.16985, "distance_from_trend": -0.076805, "trend_direction": "Weakening", "fair_value": 1.072118, "distance_from_fair_value": 0.007352, "fair_value_direction": "Weakening", "relative_strength": -26.17552, "relative_strength_direction": "Weakening", "price_momentum": -0.127747, "excess_performance": -0.282582, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.076805, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.037774, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.007352, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.089425, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.261755, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.081733, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.127747, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.159215, "read": "Supply-led" } ], "volume": { "latest": 165800, "relative_activity": 0.750668, "balance": 0.159215, "dry_up": 1.038733, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.025279, "annualized_volatility": 0.166043, "from_high_reference": -0.226029, "from_low_reference": 0.028571 }, "levels": { "trend_reference": 1.16985, "fair_value_reference": 1.072118, "structural_low": 1.05, "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": 23, "median_return": -0.005435, "positive_rate": 0.347826, "directional_follow_through": 0.652174, "median_excess_return": -0.015815, "regime_survival": 0.826087, "best_return": 0.047872, "worst_return": -0.049775, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.001007, "positive_rate": 0.5, "directional_follow_through": 0.375, "median_excess_return": -0.013815, "regime_survival": 0.625, "best_return": 0.044444, "worst_return": -0.094551, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.0, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.039362, "regime_survival": 0.6, "best_return": 0.023195, "worst_return": -0.094551, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.006672, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.00257, "regime_survival": 0.0, "best_return": 0.007768, "worst_return": -0.021113, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-22", "end": "2024-04-05", "tenure": "New", "return": 0.016394, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-12", "end": "2024-04-19", "tenure": "New", "return": -0.005377, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-06-14", "tenure": "Developing", "return": 0.011289, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-08-16", "tenure": "Developing", "return": 0.022599, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-09-27", "tenure": "Developing", "return": -0.027778, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-11", "tenure": "New", "return": 0.015544, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-03-07", "tenure": "Established", "return": 0.140187, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.081967, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-07-18", "tenure": "Established", "return": 0.038342, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": 0.037037, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-10-10", "tenure": "Developing", "return": -0.021847, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-10-31", "tenure": "New", "return": -0.052632, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.015503, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-08-07", "tenure": "Extended", "return": -0.134615, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 0.843893, "volume": 132000, "typical_volume": 62590.0, "trend": 0.849401, "fair_value": 0.937108, "relative_strength": 1.520535, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.303914, "energy": 40.903247, "activity_lines": [ 0.832061, 0.834623, 0.842372, 0.845995 ] }, { "date": "2023-08-25", "close": 0.825647, "volume": 40400, "typical_volume": 63820.0, "trend": 0.849354, "fair_value": 0.936328, "relative_strength": -1.084455, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.322562, "energy": 33.586114, "activity_lines": [ 0.830712, 0.832215, 0.84024, 0.844462 ] }, { "date": "2023-09-01", "close": 0.843893, "volume": 171400, "typical_volume": 70940.0, "trend": 0.849182, "fair_value": 0.935687, "relative_strength": -0.177561, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.5203, "energy": 16.967893, "activity_lines": [ 0.835926, 0.833663, 0.84002, 0.84411 ] }, { "date": "2023-09-08", "close": 0.843893, "volume": 420100, "typical_volume": 89310.0, "trend": 0.848423, "fair_value": 0.935053, "relative_strength": 0.656199, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.321229, "energy": 16.741132, "activity_lines": [ 0.839508, 0.835399, 0.839867, 0.843769 ] }, { "date": "2023-09-15", "close": 0.843893, "volume": 72100, "typical_volume": 91990.0, "trend": 0.847517, "fair_value": 0.934429, "relative_strength": -1.514404, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.105609, "energy": 14.617286, "activity_lines": [ 0.84146, 0.837015, 0.83978, 0.843476 ] }, { "date": "2023-09-22", "close": 0.848455, "volume": 224600, "typical_volume": 102990.0, "trend": 0.846911, "fair_value": 0.933844, "relative_strength": 1.42113, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.625936, "energy": 15.683584, "activity_lines": [ 0.844197, 0.839505, 0.840215, 0.843537 ] }, { "date": "2023-09-29", "close": 0.839332, "volume": 53900, "typical_volume": 104365.0, "trend": 0.846293, "fair_value": 0.933206, "relative_strength": 0.0559, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.123321, "energy": 12.590226, "activity_lines": [ 0.843589, 0.840215, 0.839813, 0.843048 ] }, { "date": "2023-10-06", "close": 0.839332, "volume": 105000, "typical_volume": 106325.0, "trend": 0.846702, "fair_value": 0.932576, "relative_strength": 1.494887, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.959233, "energy": 9.990742, "activity_lines": [ 0.842069, 0.840808, 0.839467, 0.842599 ] }, { "date": "2023-10-13", "close": 0.857578, "volume": 2000, "typical_volume": 105935.0, "trend": 0.846693, "fair_value": 0.932076, "relative_strength": 3.429715, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.201688, "energy": 21.66573, "activity_lines": [ 0.846934, 0.844356, 0.840912, 0.8433 ] }, { "date": "2023-10-20", "close": 0.821085, "volume": 12100, "typical_volume": 99990.0, "trend": 0.846054, "fair_value": 0.931341, "relative_strength": 2.672969, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.10978, "energy": 22.51599, "activity_lines": [ 0.838723, 0.840576, 0.838892, 0.841648 ] }, { "date": "2023-10-27", "close": 0.821085, "volume": 5100, "typical_volume": 99250.0, "trend": 0.844828, "fair_value": 0.930615, "relative_strength": 3.231235, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.880403, "energy": 50.180328, "activity_lines": [ 0.832033, 0.837009, 0.837056, 0.840037 ] }, { "date": "2023-11-03", "close": 0.830208, "volume": 76900, "typical_volume": 100140.0, "trend": 0.843759, "fair_value": 0.929959, "relative_strength": 1.737057, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.163621, "energy": 48.419204, "activity_lines": [ 0.830208, 0.835516, 0.836251, 0.839094 ] }, { "date": "2023-11-10", "close": 0.830208, "volume": 300, "typical_volume": 99820.0, "trend": 0.842838, "fair_value": 0.929311, "relative_strength": 2.905433, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.191619, "energy": 54.277683, "activity_lines": [ 0.828992, 0.83394, 0.835566, 0.83822 ] }, { "date": "2023-11-17", "close": 0.825647, "volume": 63800, "typical_volume": 103005.0, "trend": 0.841764, "fair_value": 0.928642, "relative_strength": 1.623994, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.236343, "energy": 61.142896, "activity_lines": [ 0.826863, 0.831784, 0.834587, 0.837111 ] }, { "date": "2023-11-24", "close": 0.825647, "volume": 58500, "typical_volume": 104465.0, "trend": 0.840544, "fair_value": 0.927982, "relative_strength": 2.493918, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.524693, "energy": 49.111599, "activity_lines": [ 0.826863, 0.82996, 0.833664, 0.836071 ] }, { "date": "2023-12-01", "close": 0.843893, "volume": 8100, "typical_volume": 100460.0, "trend": 0.840165, "fair_value": 0.927907, "relative_strength": 4.782893, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.043185, "energy": 15.253485, "activity_lines": [ 0.832641, 0.831784, 0.834576, 0.836287 ] }, { "date": "2023-12-08", "close": 0.821085, "volume": 70100, "typical_volume": 82280.0, "trend": 0.839175, "fair_value": 0.927792, "relative_strength": 1.233528, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.008148, "energy": 31.463975, "activity_lines": [ 0.829296, 0.829545, 0.833307, 0.835056 ] }, { "date": "2023-12-15", "close": 0.839332, "volume": 3000, "typical_volume": 81220.0, "trend": 0.838794, "fair_value": 0.927687, "relative_strength": 3.183898, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.880267, "energy": 12.122231, "activity_lines": [ 0.832641, 0.830955, 0.833832, 0.835066 ] }, { "date": "2023-12-22", "close": 0.839332, "volume": 75600, "typical_volume": 82825.0, "trend": 0.838114, "fair_value": 0.927421, "relative_strength": 2.280246, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.970681, "energy": 13.831713, "activity_lines": [ 0.835378, 0.832365, 0.834261, 0.835101 ] }, { "date": "2023-12-29", "close": 0.839332, "volume": 3100, "typical_volume": 79905.0, "trend": 0.837434, "fair_value": 0.92651, "relative_strength": -0.938227, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.003182, "energy": 11.515407, "activity_lines": [ 0.837203, 0.834107, 0.834596, 0.83518 ] }, { "date": "2024-01-05", "close": 0.821085, "volume": 45600, "typical_volume": 75585.0, "trend": 0.836295, "fair_value": 0.924352, "relative_strength": -1.466876, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.040878, "energy": 20.924059, "activity_lines": [ 0.832033, 0.832199, 0.833163, 0.834125 ] }, { "date": "2024-01-12", "close": 0.816524, "volume": 7300, "typical_volume": 73930.0, "trend": 0.835005, "fair_value": 0.921681, "relative_strength": -2.323854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.098898, "energy": 35.171187, "activity_lines": [ 0.826863, 0.829462, 0.831403, 0.832849 ] }, { "date": "2024-01-19", "close": 0.811962, "volume": 11200, "typical_volume": 65920.0, "trend": 0.833412, "fair_value": 0.918819, "relative_strength": -1.720636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.615065, "energy": 65.206857, "activity_lines": [ 0.820477, 0.826145, 0.829253, 0.831363 ] }, { "date": "2024-01-26", "close": 0.821085, "volume": 42300, "typical_volume": 47030.0, "trend": 0.832871, "fair_value": 0.917038, "relative_strength": -0.961902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.223987, "energy": 61.37542, "activity_lines": [ 0.818956, 0.824818, 0.828123, 0.830567 ] }, { "date": "2024-02-02", "close": 0.807401, "volume": 27400, "typical_volume": 44795.0, "trend": 0.831574, "fair_value": 0.914577, "relative_strength": -3.253863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.976793, "energy": 74.186704, "activity_lines": [ 0.814091, 0.821085, 0.825799, 0.828924 ] }, { "date": "2024-02-09", "close": 0.839332, "volume": 64900, "typical_volume": 36810.0, "trend": 0.831491, "fair_value": 0.91259, "relative_strength": 1.829835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.799347, "energy": 29.019948, "activity_lines": [ 0.821998, 0.823491, 0.82669, 0.829425 ] }, { "date": "2024-02-16", "close": 0.811962, "volume": 96600, "typical_volume": 38945.0, "trend": 0.830795, "fair_value": 0.910427, "relative_strength": -3.979839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.107805, "energy": 30.838257, "activity_lines": [ 0.819565, 0.821002, 0.825017, 0.828165 ] }, { "date": "2024-02-23", "close": 0.839332, "volume": 167800, "typical_volume": 42085.0, "trend": 0.831458, "fair_value": 0.908494, "relative_strength": 0.414604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.171629, "energy": 9.424115, "activity_lines": [ 0.826559, 0.823657, 0.826081, 0.828715 ] }, { "date": "2024-03-01", "close": 0.830208, "volume": 69600, "typical_volume": 45465.0, "trend": 0.831817, "fair_value": 0.906771, "relative_strength": 0.884785, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.075302, "energy": 16.339745, "activity_lines": [ 0.828688, 0.824652, 0.826277, 0.828635 ] }, { "date": "2024-03-08", "close": 0.830208, "volume": 26200, "typical_volume": 46170.0, "trend": 0.831729, "fair_value": 0.905263, "relative_strength": 0.495745, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.396287, "energy": 14.095448, "activity_lines": [ 0.830208, 0.825813, 0.826603, 0.828531 ] }, { "date": "2024-03-15", "close": 0.825647, "volume": 11100, "typical_volume": 46470.0, "trend": 0.831121, "fair_value": 0.903457, "relative_strength": -0.803816, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.232531, "energy": 15.79432, "activity_lines": [ 0.828688, 0.82631, 0.826451, 0.828139 ] }, { "date": "2024-03-22", "close": 0.83477, "volume": 82700, "typical_volume": 46760.0, "trend": 0.831425, "fair_value": 0.901764, "relative_strength": -1.095029, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.477138, "energy": 8.962935, "activity_lines": [ 0.831121, 0.828384, 0.827146, 0.828374 ] }, { "date": "2024-03-29", "close": 0.83477, "volume": 69600, "typical_volume": 50225.0, "trend": 0.831121, "fair_value": 0.900016, "relative_strength": -1.249095, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.410113, "energy": 11.332732, "activity_lines": [ 0.832033, 0.830125, 0.827819, 0.82859 ] }, { "date": "2024-04-05", "close": 0.848455, "volume": 49600, "typical_volume": 49515.0, "trend": 0.831273, "fair_value": 0.898356, "relative_strength": 0.531541, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.004966, "energy": 33.327806, "activity_lines": [ 0.837811, 0.833941, 0.829774, 0.829708 ] }, { "date": "2024-04-12", "close": 0.848455, "volume": 70300, "typical_volume": 50105.0, "trend": 0.831425, "fair_value": 0.896804, "relative_strength": 0.544236, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.983678, "energy": 46.806926, "activity_lines": [ 0.842373, 0.837258, 0.83162, 0.830817 ] }, { "date": "2024-04-19", "close": 0.843893, "volume": 108200, "typical_volume": 55110.0, "trend": 0.831273, "fair_value": 0.895115, "relative_strength": 1.220468, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.772417, "energy": 51.711362, "activity_lines": [ 0.844197, 0.839, 0.832924, 0.831621 ] }, { "date": "2024-04-26", "close": 0.853016, "volume": 25800, "typical_volume": 52895.0, "trend": 0.831729, "fair_value": 0.893592, "relative_strength": -0.890459, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.411964, "energy": 59.441898, "activity_lines": [ 0.847846, 0.842317, 0.835096, 0.833024 ] }, { "date": "2024-05-03", "close": 0.89995, "volume": 39300, "typical_volume": 54710.0, "trend": 0.83375, "fair_value": 0.892478, "relative_strength": 4.067692, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.628181, "energy": 76.511237, "activity_lines": [ 0.865924, 0.853422, 0.841586, 0.837425 ] }, { "date": "2024-05-10", "close": 0.876635, "volume": 59500, "typical_volume": 53905.0, "trend": 0.834385, "fair_value": 0.891536, "relative_strength": 1.431098, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.390597, "energy": 70.040009, "activity_lines": [ 0.871884, 0.859185, 0.845567, 0.840192 ] }, { "date": "2024-05-17", "close": 0.871972, "volume": 52400, "typical_volume": 56370.0, "trend": 0.836081, "fair_value": 0.890458, "relative_strength": 0.216231, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.148903, "energy": 69.41814, "activity_lines": [ 0.874412, 0.863256, 0.848926, 0.842617 ] }, { "date": "2024-05-24", "close": 0.876635, "volume": 45400, "typical_volume": 56360.0, "trend": 0.837933, "fair_value": 0.889248, "relative_strength": 0.686054, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.706533, "energy": 66.701722, "activity_lines": [ 0.876926, 0.867416, 0.852574, 0.845233 ] }, { "date": "2024-05-31", "close": 0.881298, "volume": 37700, "typical_volume": 57880.0, "trend": 0.839636, "fair_value": 0.888175, "relative_strength": 0.668496, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.199853, "energy": 47.629764, "activity_lines": [ 0.878811, 0.871497, 0.856401, 0.848031 ] }, { "date": "2024-06-07", "close": 0.871972, "volume": 39400, "typical_volume": 59290.0, "trend": 0.841028, "fair_value": 0.886827, "relative_strength": -0.17471, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.942523, "energy": 39.437937, "activity_lines": [ 0.875702, 0.873036, 0.859032, 0.850117 ] }, { "date": "2024-06-14", "close": 0.862646, "volume": 34900, "typical_volume": 58920.0, "trend": 0.842261, "fair_value": 0.885473, "relative_strength": -0.242044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.183481, "energy": 28.890336, "activity_lines": [ 0.87135, 0.872202, 0.860489, 0.851512 ] }, { "date": "2024-06-21", "close": 0.839332, "volume": 654400, "typical_volume": 90270.0, "trend": 0.842717, "fair_value": 0.883917, "relative_strength": -3.076674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.401263, "energy": 13.607407, "activity_lines": [ 0.860159, 0.866872, 0.859527, 0.851323 ] }, { "date": "2024-06-28", "close": 0.830006, "volume": 157300, "typical_volume": 94890.0, "trend": 0.842254, "fair_value": 0.882192, "relative_strength": -4.838918, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.621621, "energy": 15.951663, "activity_lines": [ 0.848036, 0.860013, 0.857525, 0.850503 ] }, { "date": "2024-07-05", "close": 0.816017, "volume": 111700, "typical_volume": 95645.0, "trend": 0.842085, "fair_value": 0.880486, "relative_strength": -8.378412, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.975889, "energy": 32.415013, "activity_lines": [ 0.834358, 0.850862, 0.854236, 0.84881 ] }, { "date": "2024-07-12", "close": 0.834669, "volume": 490100, "typical_volume": 111760.0, "trend": 0.84193, "fair_value": 0.878953, "relative_strength": -8.476176, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.700164, "energy": 29.508015, "activity_lines": [ 0.831249, 0.845775, 0.852703, 0.848332 ] }, { "date": "2024-07-19", "close": 0.839332, "volume": 1281700, "typical_volume": 172365.0, "trend": 0.84193, "fair_value": 0.877342, "relative_strength": -6.551171, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.805173, "energy": 30.449665, "activity_lines": [ 0.832182, 0.842723, 0.851637, 0.848164 ] }, { "date": "2024-07-26", "close": 0.839332, "volume": 502000, "typical_volume": 196155.0, "trend": 0.84193, "fair_value": 0.875786, "relative_strength": -5.989076, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.546178, "energy": 25.06332, "activity_lines": [ 0.834669, 0.840349, 0.850527, 0.847997 ] }, { "date": "2024-08-02", "close": 0.839332, "volume": 957300, "typical_volume": 243465.0, "trend": 0.842538, "fair_value": 0.874229, "relative_strength": -4.732729, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.70649, "energy": 12.748028, "activity_lines": [ 0.837156, 0.838569, 0.849374, 0.847829 ] }, { "date": "2024-08-09", "close": 0.839332, "volume": 386100, "typical_volume": 258635.0, "trend": 0.843299, "fair_value": 0.872726, "relative_strength": -1.27181, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 0.011703, "energy": 5.840422, "activity_lines": [ 0.839021, 0.837467, 0.848156, 0.847622 ] }, { "date": "2024-08-16", "close": 0.8583, "volume": 358300, "typical_volume": 273070.0, "trend": 0.844843, "fair_value": 0.871452, "relative_strength": -1.710816, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 17.043823, "energy": 11.812166, "activity_lines": [ 0.845655, 0.840576, 0.848722, 0.84859 ] }, { "date": "2024-08-23", "close": 0.8583, "volume": 142400, "typical_volume": 277710.0, "trend": 0.846084, "fair_value": 0.869921, "relative_strength": -2.689609, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.23643, "energy": 13.502711, "activity_lines": [ 0.850713, 0.843935, 0.849176, 0.849458 ] }, { "date": "2024-08-30", "close": 0.848763, "volume": 170600, "typical_volume": 282725.0, "trend": 0.847462, "fair_value": 0.868547, "relative_strength": -5.205059, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.7402, "energy": 11.895109, "activity_lines": [ 0.851327, 0.845638, 0.848676, 0.849631 ] }, { "date": "2024-09-06", "close": 0.848763, "volume": 318300, "typical_volume": 293230.0, "trend": 0.847777, "fair_value": 0.867173, "relative_strength": -5.400155, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.808402, "energy": 12.178433, "activity_lines": [ 0.851313, 0.84717, 0.848173, 0.849715 ] }, { "date": "2024-09-13", "close": 0.834458, "volume": 119200, "typical_volume": 297900.0, "trend": 0.848527, "fair_value": 0.865761, "relative_strength": -9.664766, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.113938, "energy": 6.205841, "activity_lines": [ 0.845902, 0.845759, 0.846286, 0.848856 ] }, { "date": "2024-09-20", "close": 0.839226, "volume": 402200, "typical_volume": 316045.0, "trend": 0.848523, "fair_value": 0.864272, "relative_strength": -10.484796, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.203846, "energy": 22.359462, "activity_lines": [ 0.842405, 0.844881, 0.84494, 0.848256 ] }, { "date": "2024-09-27", "close": 0.834458, "volume": 213800, "typical_volume": 323760.0, "trend": 0.848665, "fair_value": 0.862806, "relative_strength": -9.529106, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.003099, "energy": 35.78646, "activity_lines": [ 0.83859, 0.843053, 0.84343, 0.847348 ] }, { "date": "2024-10-04", "close": 0.920288, "volume": 2865300, "typical_volume": 464405.0, "trend": 0.851667, "fair_value": 0.861945, "relative_strength": -0.602692, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.089732, "energy": 40.780787, "activity_lines": [ 0.864975, 0.856918, 0.850295, 0.851969 ] }, { "date": "2024-10-11", "close": 0.934593, "volume": 3296400, "typical_volume": 626955.0, "trend": 0.855299, "fair_value": 0.86123, "relative_strength": 1.434495, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.294826, "energy": 78.763779, "activity_lines": [ 0.89136, 0.871913, 0.858292, 0.857319 ] }, { "date": "2024-10-18", "close": 1.020423, "volume": 1449900, "typical_volume": 697565.0, "trend": 0.861487, "fair_value": 0.86112, "relative_strength": 8.619872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.805923, "energy": 94.970908, "activity_lines": [ 0.940633, 0.900781, 0.874187, 0.867972 ] }, { "date": "2024-10-25", "close": 1.02996, "volume": 711400, "typical_volume": 731165.0, "trend": 0.867994, "fair_value": 0.861017, "relative_strength": 10.909757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.753116, "energy": 94.850522, "activity_lines": [ 0.980687, 0.928091, 0.890329, 0.878841 ] }, { "date": "2024-11-01", "close": 1.039496, "volume": 197400, "typical_volume": 739290.0, "trend": 0.874362, "fair_value": 0.861138, "relative_strength": 12.894793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.034068, "energy": 93.349598, "activity_lines": [ 1.011204, 0.954013, 0.906626, 0.889906 ] }, { "date": "2024-11-08", "close": 1.115789, "volume": 593000, "typical_volume": 736220.0, "trend": 0.883273, "fair_value": 0.861912, "relative_strength": 15.406473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.693987, "energy": 97.520972, "activity_lines": [ 1.053483, 0.990512, 0.929347, 0.905482 ] }, { "date": "2024-11-15", "close": 1.096716, "volume": 206600, "typical_volume": 738685.0, "trend": 0.8917, "fair_value": 0.862673, "relative_strength": 12.579095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.944492, "energy": 92.334746, "activity_lines": [ 1.076371, 1.018689, 0.948935, 0.919253 ] }, { "date": "2024-11-22", "close": 1.173009, "volume": 1190700, "typical_volume": 792635.0, "trend": 0.902367, "fair_value": 0.864031, "relative_strength": 19.957209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.226463, "energy": 95.268657, "activity_lines": [ 1.113882, 1.056229, 0.974519, 0.937402 ] }, { "date": "2024-11-29", "close": 1.134863, "volume": 214900, "typical_volume": 778875.0, "trend": 0.910197, "fair_value": 0.8646, "relative_strength": 16.005134, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.246219, "energy": 76.013411, "activity_lines": [ 1.128505, 1.080677, 0.99477, 0.952401 ] }, { "date": "2024-12-06", "close": 1.163473, "volume": 406800, "typical_volume": 735130.0, "trend": 0.919758, "fair_value": 0.86568, "relative_strength": 16.782839, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.370409, "energy": 70.424727, "activity_lines": [ 1.145671, 1.104952, 1.016316, 0.968742 ] }, { "date": "2024-12-13", "close": 1.134863, "volume": 135500, "typical_volume": 716805.0, "trend": 0.928521, "fair_value": 0.86674, "relative_strength": 13.250244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.51132, "energy": 66.536557, "activity_lines": [ 1.145035, 1.118044, 1.033594, 0.982619 ] }, { "date": "2024-12-20", "close": 1.134863, "volume": 163000, "typical_volume": 677090.0, "trend": 0.937129, "fair_value": 0.868072, "relative_strength": 15.683252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.604164, "energy": 62.570894, "activity_lines": [ 1.143128, 1.127234, 1.049465, 0.995932 ] }, { "date": "2024-12-27", "close": 1.125326, "volume": 58100, "typical_volume": 660690.0, "trend": 0.945263, "fair_value": 0.869452, "relative_strength": 12.815084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.444962, "energy": 55.054453, "activity_lines": [ 1.135499, 1.131048, 1.06302, 1.008073 ] }, { "date": "2025-01-03", "close": 1.163473, "volume": 99600, "typical_volume": 647755.0, "trend": 0.95498, "fair_value": 0.871022, "relative_strength": 15.308896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.838931, "energy": 55.524763, "activity_lines": [ 1.143764, 1.139891, 1.078846, 1.022152 ] }, { "date": "2025-01-10", "close": 1.182546, "volume": 238900, "typical_volume": 652580.0, "trend": 0.965643, "fair_value": 0.873096, "relative_strength": 16.740201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.80306, "energy": 55.912753, "activity_lines": [ 1.156479, 1.149775, 1.095036, 1.036833 ] }, { "date": "2025-01-17", "close": 1.182546, "volume": 186300, "typical_volume": 653365.0, "trend": 0.977084, "fair_value": 0.875061, "relative_strength": 16.016185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.958676, "energy": 57.141104, "activity_lines": [ 1.167923, 1.157057, 1.109681, 1.050827 ] }, { "date": "2025-01-24", "close": 1.173009, "volume": 144100, "typical_volume": 644655.0, "trend": 0.988517, "fair_value": 0.876856, "relative_strength": 14.877479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.571306, "energy": 65.932636, "activity_lines": [ 1.173009, 1.161392, 1.121829, 1.063467 ] }, { "date": "2025-01-31", "close": 1.173009, "volume": 129500, "typical_volume": 645170.0, "trend": 1.000417, "fair_value": 0.878487, "relative_strength": 12.934339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.878266, "energy": 58.902197, "activity_lines": [ 1.175552, 1.16434, 1.132433, 1.07537 ] }, { "date": "2025-02-07", "close": 1.220693, "volume": 374800, "typical_volume": 643800.0, "trend": 1.013284, "fair_value": 0.880642, "relative_strength": 16.948392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.075844, "energy": 72.91081, "activity_lines": [ 1.190811, 1.175957, 1.145966, 1.089581 ] }, { "date": "2025-02-14", "close": 1.201619, "volume": 111200, "typical_volume": 638670.0, "trend": 1.025361, "fair_value": 0.882784, "relative_strength": 14.173421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.966676, "energy": 61.008531, "activity_lines": [ 1.195897, 1.182546, 1.155866, 1.101732 ] }, { "date": "2025-02-21", "close": 1.163473, "volume": 551600, "typical_volume": 522985.0, "trend": 1.036165, "fair_value": 0.884791, "relative_strength": 8.823062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.407081, "energy": 49.874683, "activity_lines": [ 1.186996, 1.181506, 1.160385, 1.110642 ] }, { "date": "2025-02-28", "close": 1.163473, "volume": 326100, "typical_volume": 374470.0, "trend": 1.04697, "fair_value": 0.886824, "relative_strength": 9.517082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.518777, "energy": 40.042182, "activity_lines": [ 1.179367, 1.179945, 1.163745, 1.118856 ] }, { "date": "2025-03-07", "close": 1.163473, "volume": 175200, "typical_volume": 310735.0, "trend": 1.057775, "fair_value": 0.888912, "relative_strength": 8.735395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.851894, "energy": 30.442917, "activity_lines": [ 1.172374, 1.177864, 1.166016, 1.126372 ] }, { "date": "2025-03-14", "close": 1.163473, "volume": 225200, "typical_volume": 286425.0, "trend": 1.067947, "fair_value": 0.89081, "relative_strength": 10.624062, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.374093, "energy": 22.16876, "activity_lines": [ 1.166016, 1.17509, 1.167605, 1.133191 ] }, { "date": "2025-03-21", "close": 1.258839, "volume": 651200, "typical_volume": 309115.0, "trend": 1.081299, "fair_value": 0.893209, "relative_strength": 16.435157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.278301, "energy": 45.622278, "activity_lines": [ 1.195262, 1.189655, 1.177642, 1.145507 ] }, { "date": "2025-03-28", "close": 1.258839, "volume": 296900, "typical_volume": 294310.0, "trend": 1.094968, "fair_value": 0.895609, "relative_strength": 14.623364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.181445, "energy": 60.47944, "activity_lines": [ 1.220693, 1.202833, 1.186633, 1.156961 ] }, { "date": "2025-04-04", "close": 1.258839, "volume": 365900, "typical_volume": 302275.0, "trend": 1.108637, "fair_value": 0.898008, "relative_strength": 18.47568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.006633, "energy": 76.404727, "activity_lines": [ 1.239766, 1.214624, 1.194944, 1.167533 ] }, { "date": "2025-04-11", "close": 1.268376, "volume": 348800, "typical_volume": 260180.0, "trend": 1.123101, "fair_value": 0.90036, "relative_strength": 29.151153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.824454, "energy": 74.070296, "activity_lines": [ 1.25566, 1.226588, 1.20339, 1.177839 ] }, { "date": "2025-04-18", "close": 1.258839, "volume": 129900, "typical_volume": 255930.0, "trend": 1.137088, "fair_value": 0.902596, "relative_strength": 20.418383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.022644, "energy": 65.103074, "activity_lines": [ 1.261382, 1.235084, 1.210475, 1.186597 ] }, { "date": "2025-04-25", "close": 1.249303, "volume": 59300, "typical_volume": 238555.0, "trend": 1.150916, "fair_value": 0.904825, "relative_strength": 15.744968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.977827, "energy": 47.331132, "activity_lines": [ 1.257568, 1.241153, 1.216061, 1.193836 ] }, { "date": "2025-05-02", "close": 1.258839, "volume": 79400, "typical_volume": 235750.0, "trend": 1.162201, "fair_value": 0.907334, "relative_strength": 15.554784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.421462, "energy": 42.337276, "activity_lines": [ 1.257568, 1.248089, 1.222146, 1.200799 ] }, { "date": "2025-05-09", "close": 1.239329, "volume": 77600, "typical_volume": 231480.0, "trend": 1.172359, "fair_value": 0.909678, "relative_strength": 12.446371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.395915, "energy": 34.469778, "activity_lines": [ 1.251064, 1.249743, 1.225783, 1.205775 ] }, { "date": "2025-05-16", "close": 1.316787, "volume": 264400, "typical_volume": 241795.0, "trend": 1.182238, "fair_value": 0.912518, "relative_strength": 18.211888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.06531, "energy": 42.673243, "activity_lines": [ 1.271681, 1.264102, 1.236299, 1.215093 ] }, { "date": "2025-05-23", "close": 1.307105, "volume": 21100, "typical_volume": 237870.0, "trend": 1.191476, "fair_value": 0.91538, "relative_strength": 17.238863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.639977, "energy": 45.890401, "activity_lines": [ 1.285843, 1.273913, 1.244981, 1.223149 ] }, { "date": "2025-05-30", "close": 1.278058, "volume": 65200, "typical_volume": 229185.0, "trend": 1.199428, "fair_value": 0.918027, "relative_strength": 13.786829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.936752, "energy": 44.661953, "activity_lines": [ 1.287105, 1.27583, 1.250214, 1.228735 ] }, { "date": "2025-06-06", "close": 1.307105, "volume": 115100, "typical_volume": 225625.0, "trend": 1.205805, "fair_value": 0.920805, "relative_strength": 14.660645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.353676, "energy": 55.377766, "activity_lines": [ 1.296132, 1.28268, 1.257757, 1.235682 ] }, { "date": "2025-06-13", "close": 1.297423, "volume": 44200, "typical_volume": 220630.0, "trend": 1.212495, "fair_value": 0.923605, "relative_strength": 13.946657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.133251, "energy": 40.536795, "activity_lines": [ 1.298714, 1.286892, 1.263786, 1.241592 ] }, { "date": "2025-06-20", "close": 1.336152, "volume": 97800, "typical_volume": 219045.0, "trend": 1.217934, "fair_value": 0.926652, "relative_strength": 17.493833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.623363, "energy": 44.855875, "activity_lines": [ 1.310333, 1.297444, 1.27291, 1.24957 ] }, { "date": "2025-06-27", "close": 1.316787, "volume": 57700, "typical_volume": 203190.0, "trend": 1.223998, "fair_value": 0.929548, "relative_strength": 12.760231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.334459, "energy": 41.58676, "activity_lines": [ 1.314205, 1.303243, 1.279414, 1.255948 ] }, { "date": "2025-07-04", "close": 1.307105, "volume": 263800, "typical_volume": 210820.0, "trend": 1.228785, "fair_value": 0.932382, "relative_strength": 9.98784, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.06717, "energy": 36.861628, "activity_lines": [ 1.314205, 1.306227, 1.284537, 1.26131 ] }, { "date": "2025-07-11", "close": 1.307105, "volume": 37900, "typical_volume": 185135.0, "trend": 1.234527, "fair_value": 0.935354, "relative_strength": 7.425621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.728634, "energy": 38.200441, "activity_lines": [ 1.312269, 1.308161, 1.289159, 1.266363 ] }, { "date": "2025-07-18", "close": 1.307105, "volume": 45000, "typical_volume": 171080.0, "trend": 1.240268, "fair_value": 0.938327, "relative_strength": 4.356023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.934972, "energy": 32.443152, "activity_lines": [ 1.310332, 1.309217, 1.293096, 1.271045 ] }, { "date": "2025-07-25", "close": 1.307105, "volume": 88500, "typical_volume": 166745.0, "trend": 1.246328, "fair_value": 0.941216, "relative_strength": 2.197219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.367993, "energy": 24.77701, "activity_lines": [ 1.30775, 1.309041, 1.296349, 1.275357 ] }, { "date": "2025-08-01", "close": 1.355516, "volume": 523600, "typical_volume": 181665.0, "trend": 1.252729, "fair_value": 0.944304, "relative_strength": 8.176806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.678396, "energy": 37.855517, "activity_lines": [ 1.323242, 1.317843, 1.303529, 1.282402 ] }, { "date": "2025-08-08", "close": 1.336152, "volume": 360700, "typical_volume": 167140.0, "trend": 1.257849, "fair_value": 0.947213, "relative_strength": 4.084892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.482395, "energy": 34.098361, "activity_lines": [ 1.329697, 1.322245, 1.307951, 1.287784 ] }, { "date": "2025-08-15", "close": 1.336441, "volume": 430400, "typical_volume": 173815.0, "trend": 1.262979, "fair_value": 0.950084, "relative_strength": 3.94072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.12116, "energy": 36.312175, "activity_lines": [ 1.334312, 1.325642, 1.312032, 1.292854 ] }, { "date": "2025-08-22", "close": 1.306961, "volume": 62700, "typical_volume": 158655.0, "trend": 1.267444, "fair_value": 0.952822, "relative_strength": 0.766332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.793602, "energy": 32.062862, "activity_lines": [ 1.327144, 1.323146, 1.312935, 1.295692 ] }, { "date": "2025-08-29", "close": 1.356094, "volume": 167800, "typical_volume": 149605.0, "trend": 1.273547, "fair_value": 0.955931, "relative_strength": 3.681258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.774543, "energy": 33.805658, "activity_lines": [ 1.336364, 1.32941, 1.318289, 1.301411 ] }, { "date": "2025-09-05", "close": 1.365921, "volume": 79100, "typical_volume": 147065.0, "trend": 1.278388, "fair_value": 0.959075, "relative_strength": 3.064064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.383454, "energy": 36.165961, "activity_lines": [ 1.345593, 1.337098, 1.324161, 1.307371 ] }, { "date": "2025-09-12", "close": 1.365921, "volume": 86700, "typical_volume": 148435.0, "trend": 1.283865, "fair_value": 0.962247, "relative_strength": 1.67287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.523804, "energy": 37.589773, "activity_lines": [ 1.354129, 1.343892, 1.329523, 1.313018 ] }, { "date": "2025-09-19", "close": 1.365921, "volume": 548900, "typical_volume": 171910.0, "trend": 1.290613, "fair_value": 0.965363, "relative_strength": 2.1086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.939552, "energy": 50.413368, "activity_lines": [ 1.36068, 1.349618, 1.33433, 1.318312 ] }, { "date": "2025-09-26", "close": 1.297134, "volume": 331000, "typical_volume": 184580.0, "trend": 1.295068, "fair_value": 0.968122, "relative_strength": -2.623547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.197006, "energy": 24.097705, "activity_lines": [ 1.342337, 1.341767, 1.332075, 1.318733 ] }, { "date": "2025-10-03", "close": 1.316787, "volume": 426500, "typical_volume": 192685.0, "trend": 1.300179, "fair_value": 0.971008, "relative_strength": -4.665603, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.381188, "energy": 14.576839, "activity_lines": [ 1.3312, 1.33767, 1.331417, 1.320134 ] }, { "date": "2025-10-10", "close": 1.306961, "volume": 278700, "typical_volume": 205565.0, "trend": 1.304962, "fair_value": 0.973887, "relative_strength": -5.894793, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.280976, "energy": 13.872921, "activity_lines": [ 1.319408, 1.331612, 1.329824, 1.320571 ] }, { "date": "2025-10-17", "close": 1.306961, "volume": 140600, "typical_volume": 209335.0, "trend": 1.306566, "fair_value": 0.97685, "relative_strength": -3.888791, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.936174, "energy": 14.765179, "activity_lines": [ 1.311547, 1.326436, 1.328231, 1.3207 ] }, { "date": "2025-10-24", "close": 1.297134, "volume": 117800, "typical_volume": 209470.0, "trend": 1.307842, "fair_value": 0.979751, "relative_strength": -6.661797, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.968055, "energy": 17.477394, "activity_lines": [ 1.30434, 1.320003, 1.325564, 1.320092 ] }, { "date": "2025-10-31", "close": 1.238173, "volume": 784100, "typical_volume": 246465.0, "trend": 1.307153, "fair_value": 0.982189, "relative_strength": -10.963774, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.378334, "energy": 42.453928, "activity_lines": [ 1.282066, 1.303566, 1.31733, 1.315597 ] }, { "date": "2025-11-07", "close": 1.267653, "volume": 1698400, "typical_volume": 326495.0, "trend": 1.307129, "fair_value": 0.9849, "relative_strength": -10.038973, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.535101, "energy": 48.123073, "activity_lines": [ 1.273549, 1.293739, 1.312185, 1.313049 ] }, { "date": "2025-11-14", "close": 1.27748, "volume": 277100, "typical_volume": 337465.0, "trend": 1.307751, "fair_value": 0.9879, "relative_strength": -10.349855, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.97345, "energy": 45.864881, "activity_lines": [ 1.271584, 1.287307, 1.308302, 1.311136 ] }, { "date": "2025-11-21", "close": 1.248, "volume": 134100, "typical_volume": 330980.0, "trend": 1.307707, "fair_value": 0.990655, "relative_strength": -10.725497, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.89902, "energy": 61.299332, "activity_lines": [ 1.261757, 1.277123, 1.301799, 1.307281 ] }, { "date": "2025-11-28", "close": 1.248, "volume": 111700, "typical_volume": 334670.0, "trend": 1.307346, "fair_value": 0.993297, "relative_strength": -11.657216, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.122849, "energy": 55.861369, "activity_lines": [ 1.255861, 1.269083, 1.295578, 1.303429 ] }, { "date": "2025-12-05", "close": 1.248, "volume": 165200, "typical_volume": 340680.0, "trend": 1.307635, "fair_value": 0.995939, "relative_strength": -11.632382, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.154761, "energy": 53.325642, "activity_lines": [ 1.253241, 1.263187, 1.289638, 1.2996 ] }, { "date": "2025-12-12", "close": 1.257827, "volume": 132200, "typical_volume": 342865.0, "trend": 1.30567, "fair_value": 0.9987, "relative_strength": -11.878089, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.544229, "energy": 48.010869, "activity_lines": [ 1.253241, 1.259971, 1.284915, 1.296387 ] }, { "date": "2025-12-19", "close": 1.248, "volume": 486800, "typical_volume": 341025.0, "trend": 1.303699, "fair_value": 1.001455, "relative_strength": -12.07386, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.39676, "energy": 38.229157, "activity_lines": [ 1.250621, 1.25604, 1.279491, 1.292666 ] }, { "date": "2025-12-26", "close": 1.27748, "volume": 45500, "typical_volume": 325265.0, "trend": 1.30368, "fair_value": 1.004427, "relative_strength": -11.159839, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.818416, "energy": 27.713573, "activity_lines": [ 1.259792, 1.258541, 1.277387, 1.290974 ] }, { "date": "2026-01-02", "close": 1.267653, "volume": 40000, "typical_volume": 305745.0, "trend": 1.302365, "fair_value": 1.007364, "relative_strength": -12.037144, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.437418, "energy": 23.811852, "activity_lines": [ 1.263723, 1.259792, 1.274626, 1.28865 ] }, { "date": "2026-01-09", "close": 1.267653, "volume": 70000, "typical_volume": 306110.0, "trend": 1.301373, "fair_value": 1.010329, "relative_strength": -13.442554, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.656867, "energy": 19.635545, "activity_lines": [ 1.266343, 1.261579, 1.272192, 1.286411 ] }, { "date": "2026-01-16", "close": 1.228346, "volume": 561100, "typical_volume": 325775.0, "trend": 1.297779, "fair_value": 1.012958, "relative_strength": -17.640481, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.155285, "energy": 30.536182, "activity_lines": [ 1.254551, 1.255682, 1.266203, 1.281699 ] }, { "date": "2026-01-23", "close": 1.267653, "volume": 226900, "typical_volume": 333165.0, "trend": 1.296141, "fair_value": 1.015782, "relative_strength": -15.480953, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.128243, "energy": 21.582968, "activity_lines": [ 1.257826, 1.257648, 1.264565, 1.279756 ] }, { "date": "2026-01-30", "close": 1.248, "volume": 183000, "typical_volume": 337980.0, "trend": 1.294171, "fair_value": 1.018339, "relative_strength": -16.763423, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.661948, "energy": 29.387775, "activity_lines": [ 1.253241, 1.256218, 1.261523, 1.27665 ] }, { "date": "2026-02-06", "close": 1.238173, "volume": 133700, "typical_volume": 317220.0, "trend": 1.291874, "fair_value": 1.020721, "relative_strength": -17.570752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.831632, "energy": 37.460941, "activity_lines": [ 1.247345, 1.253002, 1.258107, 1.273037 ] }, { "date": "2026-02-13", "close": 1.238173, "volume": 202600, "typical_volume": 310800.0, "trend": 1.289576, "fair_value": 1.023074, "relative_strength": -17.318098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.418129, "energy": 36.455287, "activity_lines": [ 1.243414, 1.249965, 1.2553, 1.269572 ] }, { "date": "2026-02-20", "close": 1.228346, "volume": 84000, "typical_volume": 293675.0, "trend": 1.28695, "fair_value": 1.025393, "relative_strength": -19.01603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.055369, "energy": 52.888148, "activity_lines": [ 1.238173, 1.24532, 1.251837, 1.265622 ] }, { "date": "2026-02-27", "close": 1.248, "volume": 388400, "typical_volume": 299160.0, "trend": 1.283367, "fair_value": 1.027894, "relative_strength": -17.091695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.688498, "energy": 37.83319, "activity_lines": [ 1.239483, 1.244784, 1.250667, 1.263109 ] }, { "date": "2026-03-06", "close": 1.21852, "volume": 175800, "typical_volume": 300920.0, "trend": 1.279446, "fair_value": 1.030403, "relative_strength": -16.353769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.834664, "energy": 41.723213, "activity_lines": [ 1.232277, 1.238888, 1.24697, 1.258926 ] }, { "date": "2026-03-13", "close": 1.238173, "volume": 189800, "typical_volume": 304520.0, "trend": 1.27617, "fair_value": 1.032841, "relative_strength": -14.639651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.330494, "energy": 32.433338, "activity_lines": [ 1.233587, 1.237637, 1.245567, 1.256263 ] }, { "date": "2026-03-20", "close": 1.198866, "volume": 417700, "typical_volume": 286200.0, "trend": 1.272567, "fair_value": 1.03514, "relative_strength": -18.720965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.488248, "energy": 40.516971, "activity_lines": [ 1.221795, 1.229776, 1.2407, 1.251275 ] }, { "date": "2026-03-27", "close": 1.228346, "volume": 157600, "typical_volume": 209160.0, "trend": 1.268309, "fair_value": 1.037514, "relative_strength": -15.500019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.20802, "energy": 34.224747, "activity_lines": [ 1.22245, 1.228525, 1.238828, 1.248422 ] }, { "date": "2026-04-03", "close": 1.130079, "volume": 64100, "typical_volume": 198510.0, "trend": 1.260447, "fair_value": 1.039231, "relative_strength": -22.529822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.538004, "energy": 64.364278, "activity_lines": [ 1.19035, 1.209407, 1.227785, 1.239504 ] }, { "date": "2026-04-10", "close": 1.139192, "volume": 247600, "typical_volume": 204185.0, "trend": 1.252889, "fair_value": 1.041035, "relative_strength": -21.884575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.564927, "energy": 76.329333, "activity_lines": [ 1.169148, 1.194448, 1.218311, 1.231682 ] }, { "date": "2026-04-17", "close": 1.139192, "volume": 694900, "typical_volume": 233345.0, "trend": 1.245332, "fair_value": 1.042838, "relative_strength": -21.446978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.583805, "energy": 79.468134, "activity_lines": [ 1.153235, 1.181467, 1.209356, 1.224346 ] }, { "date": "2026-04-24", "close": 1.175646, "volume": 414300, "typical_volume": 245800.0, "trend": 1.241282, "fair_value": 1.044847, "relative_strength": -17.214772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.960801, "energy": 76.030366, "activity_lines": [ 1.156072, 1.176914, 1.20439, 1.21985 ] }, { "date": "2026-05-01", "close": 1.130079, "volume": 317600, "typical_volume": 255070.0, "trend": 1.235059, "fair_value": 1.046609, "relative_strength": -19.737831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.290401, "energy": 73.71229, "activity_lines": [ 1.145268, 1.165213, 1.19543, 1.212676 ] }, { "date": "2026-05-08", "close": 1.15, "volume": 508600, "typical_volume": 256160.0, "trend": 1.229827, "fair_value": 1.048527, "relative_strength": -18.002187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.252182, "energy": 50.763476, "activity_lines": [ 1.147655, 1.15892, 1.188975, 1.207188 ] }, { "date": "2026-05-15", "close": 1.15, "volume": 123500, "typical_volume": 260060.0, "trend": 1.224595, "fair_value": 1.050445, "relative_strength": -18.516149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.825044, "energy": 43.715076, "activity_lines": [ 1.148715, 1.15441, 1.182986, 1.202038 ] }, { "date": "2026-05-22", "close": 1.140726, "volume": 244200, "typical_volume": 270270.0, "trend": 1.219381, "fair_value": 1.052246, "relative_strength": -19.826033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.5754, "energy": 44.555332, "activity_lines": [ 1.145962, 1.149458, 1.176721, 1.196627 ] }, { "date": "2026-05-29", "close": 1.13, "volume": 318900, "typical_volume": 282715.0, "trend": 1.215775, "fair_value": 1.053979, "relative_strength": -19.529877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.392529, "energy": 44.11246, "activity_lines": [ 1.139532, 1.144329, 1.17004, 1.190861 ] }, { "date": "2026-06-05", "close": 1.14, "volume": 45000, "typical_volume": 256910.0, "trend": 1.21152, "fair_value": 1.055804, "relative_strength": -18.412856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.629337, "energy": 41.251458, "activity_lines": [ 1.139479, 1.14227, 1.164966, 1.185972 ] }, { "date": "2026-06-12", "close": 1.14, "volume": 75600, "typical_volume": 249345.0, "trend": 1.206937, "fair_value": 1.057629, "relative_strength": -17.418724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.654803, "energy": 39.807807, "activity_lines": [ 1.138763, 1.141817, 1.160313, 1.181358 ] }, { "date": "2026-06-19", "close": 1.15, "volume": 28700, "typical_volume": 241630.0, "trend": 1.203671, "fair_value": 1.05949, "relative_strength": -18.673812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.2913, "energy": 37.038509, "activity_lines": [ 1.142048, 1.143001, 1.15722, 1.177684 ] }, { "date": "2026-06-26", "close": 1.15, "volume": 22800, "typical_volume": 236085.0, "trend": 1.200404, "fair_value": 1.061494, "relative_strength": -18.018904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.773254, "energy": 28.910341, "activity_lines": [ 1.145333, 1.14399, 1.154594, 1.174222 ] }, { "date": "2026-07-03", "close": 1.13, "volume": 21800, "typical_volume": 227045.0, "trend": 1.196471, "fair_value": 1.063313, "relative_strength": -19.621602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.000418, "energy": 37.012722, "activity_lines": [ 1.141333, 1.141145, 1.150482, 1.16968 ] }, { "date": "2026-07-10", "close": 1.13, "volume": 214500, "typical_volume": 233570.0, "trend": 1.19221, "fair_value": 1.06516, "relative_strength": -22.297565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.285019, "energy": 38.995355, "activity_lines": [ 1.137333, 1.139131, 1.146886, 1.165391 ] }, { "date": "2026-07-17", "close": 1.12, "volume": 141400, "typical_volume": 221220.0, "trend": 1.187943, "fair_value": 1.067001, "relative_strength": -22.940447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.460098, "energy": 50.971669, "activity_lines": [ 1.130667, 1.135299, 1.142806, 1.160733 ] }, { "date": "2026-07-24", "close": 1.09, "volume": 467700, "typical_volume": 235815.0, "trend": 1.181694, "fair_value": 1.068735, "relative_strength": -25.456492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.462616, "energy": 72.167233, "activity_lines": [ 1.115333, 1.126559, 1.136479, 1.154414 ] }, { "date": "2026-07-31", "close": 1.1, "volume": 142800, "typical_volume": 233465.0, "trend": 1.176105, "fair_value": 1.070534, "relative_strength": -24.583842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.494899, "energy": 72.93655, "activity_lines": [ 1.107333, 1.120727, 1.131715, 1.149143 ] }, { "date": "2026-08-07", "close": 1.08, "volume": 165800, "typical_volume": 220870.0, "trend": 1.16985, "fair_value": 1.072118, "relative_strength": -26.17552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.498338, "energy": 83.573419, "activity_lines": [ 1.096, 1.112, 1.125705, 1.142943 ] } ], "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." } } }