{ "ticker": { "uuid": "80f2c584-c2fe-4969-a283-f85535bcdadb", "symbol": "DKG", "name": "Deutsche Konsum Real Estate AG", "exchange": "GER", "country": "DE", "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": "^GDAXI", "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": -67.503, "architecture_energy": 55.968, "architecture_maturity": 100.0, "architecture_confidence": 88.826, "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": 12.21, "rotation_up": 20.89, "upward_expansion": 8.97, "deceleration": 52.82, "rotation_down": 59.89, "downward_expansion": 82.31 }, "activity_lines": [ 1.304667, 1.339091, 1.436286, 1.51028 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 1.28, "trend_reference": 1.602167, "distance_from_trend": -0.201082, "trend_direction": "Weakening", "fair_value": 2.797244, "distance_from_fair_value": -0.542407, "fair_value_direction": "Weakening", "relative_strength": -32.121333, "relative_strength_direction": "Weakening", "price_momentum": -0.257971, "excess_performance": -0.322611, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.201082, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.085608, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.542407, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.03244, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.321213, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.108488, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.257971, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.379246, "read": "Demand-led" } ], "volume": { "latest": 18440, "relative_activity": 0.551294, "balance": 1.379246, "dry_up": 1.240345, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.097656, "annualized_volatility": 0.291112, "from_high_reference": -0.412844, "from_low_reference": 0.153153 }, "levels": { "trend_reference": 1.602167, "fair_value_reference": 2.797244, "structural_low": 1.11, "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": 56, "median_return": -0.029029, "positive_rate": 0.303571, "directional_follow_through": 0.660714, "median_excess_return": -0.025117, "regime_survival": 0.910714, "best_return": 0.139932, "worst_return": -0.455836, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 18, "median_return": -0.110281, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.135917, "regime_survival": 0.888889, "best_return": 0.496241, "worst_return": -0.442642, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": -0.209581, "positive_rate": 0.111111, "directional_follow_through": 0.888889, "median_excess_return": -0.205459, "regime_survival": 0.777778, "best_return": 0.353383, "worst_return": -0.468121, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 5, "median_return": -0.401869, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.470434, "regime_survival": 0.8, "best_return": -0.176692, "worst_return": -0.579593, "sufficient": true } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2021-11-12", "end": "2021-12-03", "tenure": "New", "return": -0.057047, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2021-12-10", "end": "2021-12-17", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2021-12-24", "end": "2023-02-24", "tenure": "Extended", "return": -0.399744, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-03-03", "end": "2023-03-24", "tenure": "New", "return": -0.177057, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-03-31", "end": "2024-01-26", "tenure": "Extended", "return": -0.48303, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-02", "end": "2024-02-23", "tenure": "New", "return": -0.155425, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-01", "end": "2024-05-31", "tenure": "Established", "return": 0.083942, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-07", "end": "2024-07-05", "tenure": "Developing", "return": -0.12, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-12", "end": "2024-08-30", "tenure": "Developing", "return": 0.056391, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-09-20", "tenure": "New", "return": 0.17301, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-11-29", "tenure": "Developing", "return": 0.080863, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-06", "end": "2025-02-21", "tenure": "Developing", "return": -0.205063, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-28", "end": "2025-03-14", "tenure": "New", "return": 0.10231, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2026-08-07", "tenure": "Extended", "return": -0.583062, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.34, "volume": 38504, "typical_volume": 77829.4, "trend": 6.91233, "fair_value": 11.464333, "relative_strength": -20.179596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.852449, "energy": 37.57273, "activity_lines": [ 6.157333, 6.163588, 6.364129, 6.587437 ] }, { "date": "2023-08-25", "close": 6.28, "volume": 63465, "typical_volume": 75930.2, "trend": 6.860667, "fair_value": 11.409377, "relative_strength": -20.162943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.375691, "energy": 28.103574, "activity_lines": [ 6.217333, 6.177839, 6.331154, 6.546641 ] }, { "date": "2023-09-01", "close": 6.3, "volume": 72113, "typical_volume": 75506.7, "trend": 6.809016, "fair_value": 11.354251, "relative_strength": -19.911301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.988457, "energy": 20.291946, "activity_lines": [ 6.265333, 6.2, 6.305783, 6.510469 ] }, { "date": "2023-09-08", "close": 6.4, "volume": 84007, "typical_volume": 76696.55, "trend": 6.769856, "fair_value": 11.298279, "relative_strength": -17.054686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.990245, "energy": 18.422679, "activity_lines": [ 6.328, 6.238902, 6.295445, 6.484081 ] }, { "date": "2023-09-15", "close": 6.34, "volume": 32982, "typical_volume": 77107.5, "trend": 6.728696, "fair_value": 11.242518, "relative_strength": -17.59884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.439155, "energy": 15.992123, "activity_lines": [ 6.34, 6.263636, 6.285735, 6.456348 ] }, { "date": "2023-09-22", "close": 6.02, "volume": 24576, "typical_volume": 74275.8, "trend": 6.662479, "fair_value": 11.187085, "relative_strength": -19.050886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.302782, "energy": 23.13312, "activity_lines": [ 6.236, 6.229091, 6.250588, 6.410626 ] }, { "date": "2023-09-29", "close": 5.74, "volume": 60957, "typical_volume": 74970.55, "trend": 6.591507, "fair_value": 11.130453, "relative_strength": -20.956699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.170723, "energy": 39.353604, "activity_lines": [ 6.06, 6.148364, 6.194869, 6.351111 ] }, { "date": "2023-10-06", "close": 3.5, "volume": 651120, "typical_volume": 105496.85, "trend": 6.458297, "fair_value": 11.057974, "relative_strength": -50.410798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.792926, "energy": 87.403572, "activity_lines": [ 5.173333, 5.665091, 5.929976, 6.151659 ] }, { "date": "2023-10-13", "close": 3.45, "volume": 265904, "typical_volume": 117649.55, "trend": 6.326691, "fair_value": 10.986365, "relative_strength": -50.084984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.048169, "energy": 96.795358, "activity_lines": [ 4.456667, 5.218545, 5.675426, 5.957575 ] }, { "date": "2023-10-20", "close": 3.43, "volume": 35616, "typical_volume": 104621.95, "trend": 6.225162, "fair_value": 10.914627, "relative_strength": -48.206851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.717785, "energy": 95.562433, "activity_lines": [ 3.93, 4.813636, 5.433379, 5.770692 ] }, { "date": "2023-10-27", "close": 3.25, "volume": 57063, "typical_volume": 103970.4, "trend": 6.107821, "fair_value": 10.842628, "relative_strength": -49.719193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.347722, "energy": 93.771943, "activity_lines": [ 3.537333, 4.426364, 5.188321, 5.578746 ] }, { "date": "2023-11-03", "close": 3.15, "volume": 48601, "typical_volume": 104225.9, "trend": 5.963599, "fair_value": 10.766418, "relative_strength": -52.067918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.444694, "energy": 91.619175, "activity_lines": [ 3.296, 4.077091, 4.951529, 5.387919 ] }, { "date": "2023-11-10", "close": 2.85, "volume": 130783, "typical_volume": 108612.2, "trend": 5.81003, "fair_value": 10.688285, "relative_strength": -56.051584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.586903, "energy": 93.07171, "activity_lines": [ 3.127333, 3.730182, 4.70219, 5.187042 ] }, { "date": "2023-11-17", "close": 3.0, "volume": 175162, "typical_volume": 115432.4, "trend": 5.652304, "fair_value": 10.612303, "relative_strength": -55.019984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.880534, "energy": 71.023535, "activity_lines": [ 3.052, 3.473273, 4.483189, 5.005749 ] }, { "date": "2023-11-24", "close": 2.7, "volume": 238339, "typical_volume": 124126.95, "trend": 5.495698, "fair_value": 10.536481, "relative_strength": -59.150921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.9655, "energy": 71.148658, "activity_lines": [ 2.906667, 3.223636, 4.250952, 4.815278 ] }, { "date": "2023-12-01", "close": 2.92, "volume": 267126, "typical_volume": 133824.5, "trend": 5.349696, "fair_value": 10.462367, "relative_strength": -56.114198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.451134, "energy": 66.254686, "activity_lines": [ 2.883333, 3.080182, 4.056714, 4.649104 ] }, { "date": "2023-12-08", "close": 2.93, "volume": 206473, "typical_volume": 131876.6, "trend": 5.226922, "fair_value": 10.391589, "relative_strength": -56.14524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.584888, "energy": 64.534273, "activity_lines": [ 2.885333, 2.994909, 3.879429, 4.492995 ] }, { "date": "2023-12-15", "close": 3.02, "volume": 107613, "typical_volume": 135522.3, "trend": 5.105185, "fair_value": 10.314843, "relative_strength": -53.94123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.31782, "energy": 61.995003, "activity_lines": [ 2.932, 2.977091, 3.725333, 4.350613 ] }, { "date": "2023-12-22", "close": 3.04, "volume": 167118, "typical_volume": 139427.1, "trend": 4.990656, "fair_value": 10.242986, "relative_strength": -52.686917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.182969, "energy": 54.073886, "activity_lines": [ 2.974, 2.971636, 3.587429, 4.217375 ] }, { "date": "2023-12-29", "close": 3.45, "volume": 122150, "typical_volume": 142483.6, "trend": 4.892411, "fair_value": 10.171674, "relative_strength": -45.56205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.239334, "energy": 42.9621, "activity_lines": [ 3.15, 3.048182, 3.502381, 4.117978 ] }, { "date": "2024-01-05", "close": 3.34, "volume": 29683, "typical_volume": 142042.55, "trend": 4.770875, "fair_value": 10.09817, "relative_strength": -45.982134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.578372, "energy": 44.489253, "activity_lines": [ 3.239333, 3.104364, 3.419952, 4.017822 ] }, { "date": "2024-01-12", "close": 3.46, "volume": 44373, "typical_volume": 141087.95, "trend": 4.669038, "fair_value": 10.0296, "relative_strength": -43.524753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.153651, "energy": 36.723603, "activity_lines": [ 3.340667, 3.180727, 3.363238, 3.93325 ] }, { "date": "2024-01-19", "close": 3.32, "volume": 57351, "typical_volume": 140349.85, "trend": 4.572346, "fair_value": 9.95924, "relative_strength": -44.390655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.420384, "energy": 27.392111, "activity_lines": [ 3.36, 3.226, 3.306619, 3.846215 ] }, { "date": "2024-01-26", "close": 3.5, "volume": 130316, "typical_volume": 142665.3, "trend": 4.481654, "fair_value": 9.890331, "relative_strength": -41.816559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.607224, "energy": 20.99878, "activity_lines": [ 3.419333, 3.295455, 3.281333, 3.777031 ] }, { "date": "2024-02-02", "close": 3.41, "volume": 22025, "typical_volume": 142117.45, "trend": 4.386, "fair_value": 9.821738, "relative_strength": -42.210296, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -23.344581, "energy": 19.588774, "activity_lines": [ 3.418, 3.339455, 3.261286, 3.707892 ] }, { "date": "2024-02-09", "close": 3.3, "volume": 31976, "typical_volume": 142487.45, "trend": 4.286667, "fair_value": 9.749763, "relative_strength": -43.162117, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -23.617449, "energy": 21.925954, "activity_lines": [ 3.382667, 3.350545, 3.244714, 3.637828 ] }, { "date": "2024-02-16", "close": 2.98, "volume": 56833, "typical_volume": 142281.25, "trend": 4.186, "fair_value": 9.67514, "relative_strength": -48.333245, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -51.939648, "energy": 35.156977, "activity_lines": [ 3.243333, 3.296545, 3.210619, 3.553527 ] }, { "date": "2024-02-23", "close": 2.88, "volume": 17452, "typical_volume": 110597.85, "trend": 4.081333, "fair_value": 9.601365, "relative_strength": -49.899967, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -58.442783, "energy": 44.570518, "activity_lines": [ 3.102667, 3.223455, 3.180143, 3.469269 ] }, { "date": "2024-03-01", "close": 2.74, "volume": 29378, "typical_volume": 98771.55, "trend": 3.974667, "fair_value": 9.526097, "relative_strength": -52.207423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.152138, "energy": 70.152216, "activity_lines": [ 2.944667, 3.127455, 3.139286, 3.382731 ] }, { "date": "2024-03-08", "close": 2.83, "volume": 50251, "typical_volume": 99503.3, "trend": 3.862333, "fair_value": 9.449574, "relative_strength": -49.882687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.229091, "energy": 68.902449, "activity_lines": [ 2.867333, 3.053273, 3.110381, 3.308882 ] }, { "date": "2024-03-15", "close": 2.67, "volume": 172870, "typical_volume": 105293.65, "trend": 3.74, "fair_value": 9.373551, "relative_strength": -52.013081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.509772, "energy": 73.068925, "activity_lines": [ 2.775333, 2.961273, 3.069095, 3.231957 ] }, { "date": "2024-03-22", "close": 2.85, "volume": 37940, "typical_volume": 104760.6, "trend": 3.625667, "fair_value": 9.296546, "relative_strength": -48.655804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.961337, "energy": 53.52866, "activity_lines": [ 2.785333, 2.914182, 3.047714, 3.174538 ] }, { "date": "2024-03-29", "close": 3.0, "volume": 138243, "typical_volume": 105133.6, "trend": 3.515667, "fair_value": 9.221417, "relative_strength": -45.865763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.565621, "energy": 41.662886, "activity_lines": [ 2.854, 2.905455, 3.042048, 3.134172 ] }, { "date": "2024-04-05", "close": 3.0, "volume": 68137, "typical_volume": 99782.35, "trend": 3.402333, "fair_value": 9.147205, "relative_strength": -43.786542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.37173, "energy": 29.686678, "activity_lines": [ 2.914667, 2.902545, 3.035667, 3.100903 ] }, { "date": "2024-04-12", "close": 3.02, "volume": 168669, "typical_volume": 96298.85, "trend": 3.291667, "fair_value": 9.072511, "relative_strength": -41.476913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.367662, "energy": 18.514998, "activity_lines": [ 2.964667, 2.912364, 3.03119, 3.076237 ] }, { "date": "2024-04-19", "close": 2.95, "volume": 73527, "typical_volume": 86618.9, "trend": 3.189333, "fair_value": 8.997673, "relative_strength": -40.94675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.030956, "energy": 16.960892, "activity_lines": [ 2.978667, 2.916545, 3.018524, 3.054194 ] }, { "date": "2024-04-26", "close": 2.75, "volume": 88527, "typical_volume": 80721.6, "trend": 3.089667, "fair_value": 8.91911, "relative_strength": -45.059508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.131514, "energy": 23.774363, "activity_lines": [ 2.907333, 2.890727, 2.986667, 3.025849 ] }, { "date": "2024-05-03", "close": 2.67, "volume": 22710, "typical_volume": 76476.45, "trend": 3.062, "fair_value": 8.841866, "relative_strength": -44.999399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.700469, "energy": 35.417563, "activity_lines": [ 2.816, 2.854545, 2.948048, 2.998774 ] }, { "date": "2024-05-10", "close": 2.68, "volume": 72862, "typical_volume": 71763.65, "trend": 3.036333, "fair_value": 8.766213, "relative_strength": -46.011152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.43015, "energy": 48.316117, "activity_lines": [ 2.75, 2.824, 2.912048, 2.974129 ] }, { "date": "2024-05-17", "close": 3.04, "volume": 220688, "typical_volume": 76690.55, "trend": 3.023333, "fair_value": 8.693479, "relative_strength": -37.408582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.556766, "energy": 28.897292, "activity_lines": [ 2.825333, 2.86, 2.912048, 2.974366 ] }, { "date": "2024-05-24", "close": 2.98, "volume": 98975, "typical_volume": 80155.15, "trend": 3.014333, "fair_value": 8.61975, "relative_strength": -37.469686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.193532, "energy": 21.701256, "activity_lines": [ 2.879333, 2.881273, 2.908286, 2.97157 ] }, { "date": "2024-05-31", "close": 2.97, "volume": 63693, "typical_volume": 81121.15, "trend": 3.008333, "fair_value": 8.545345, "relative_strength": -35.869777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.46244, "energy": 13.79622, "activity_lines": [ 2.928, 2.895091, 2.905286, 2.96871 ] }, { "date": "2024-06-07", "close": 3.0, "volume": 54512, "typical_volume": 80979.2, "trend": 3.013333, "fair_value": 8.471133, "relative_strength": -34.028782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.201457, "energy": 12.598118, "activity_lines": [ 2.972, 2.912182, 2.907476, 2.968172 ] }, { "date": "2024-06-14", "close": 2.86, "volume": 43834, "typical_volume": 76655.1, "trend": 3.008667, "fair_value": 8.398466, "relative_strength": -33.926127, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.022074, "energy": 11.536184, "activity_lines": [ 2.947333, 2.903818, 2.897857, 2.95828 ] }, { "date": "2024-06-21", "close": 2.84, "volume": 40151, "typical_volume": 77561.4, "trend": 3.013333, "fair_value": 8.326893, "relative_strength": -33.717191, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.967311, "energy": 9.337686, "activity_lines": [ 2.904, 2.894364, 2.889381, 2.947398 ] }, { "date": "2024-06-28", "close": 2.73, "volume": 35548, "typical_volume": 77740.0, "trend": 3.007, "fair_value": 8.252172, "relative_strength": -35.293385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.055026, "energy": 30.147922, "activity_lines": [ 2.837333, 2.868182, 2.873143, 2.929118 ] }, { "date": "2024-07-05", "close": 2.64, "volume": 23099, "typical_volume": 76053.3, "trend": 2.997333, "fair_value": 8.179011, "relative_strength": -36.877591, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.003195, "energy": 47.980123, "activity_lines": [ 2.757333, 2.829636, 2.851048, 2.905441 ] }, { "date": "2024-07-12", "close": 2.66, "volume": 33786, "typical_volume": 76870.0, "trend": 2.985333, "fair_value": 8.105673, "relative_strength": -35.975401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.283324, "energy": 51.638803, "activity_lines": [ 2.706, 2.796727, 2.832476, 2.883677 ] }, { "date": "2024-07-19", "close": 2.56, "volume": 44094, "typical_volume": 77605.8, "trend": 2.969333, "fair_value": 8.031389, "relative_strength": -35.133599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.722001, "energy": 58.438462, "activity_lines": [ 2.644, 2.745818, 2.805429, 2.856237 ] }, { "date": "2024-07-26", "close": 2.58, "volume": 10060, "typical_volume": 75596.25, "trend": 2.940333, "fair_value": 7.961508, "relative_strength": -34.184879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.457005, "energy": 57.090159, "activity_lines": [ 2.608667, 2.700727, 2.781143, 2.831118 ] }, { "date": "2024-08-02", "close": 2.6, "volume": 23041, "typical_volume": 68104.8, "trend": 2.915667, "fair_value": 7.890534, "relative_strength": -29.398087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.544456, "energy": 45.404306, "activity_lines": [ 2.597333, 2.667636, 2.759952, 2.809161 ] }, { "date": "2024-08-09", "close": 2.56, "volume": 9938, "typical_volume": 66704.7, "trend": 2.885667, "fair_value": 7.819608, "relative_strength": -29.110183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.517782, "energy": 42.485752, "activity_lines": [ 2.581333, 2.634182, 2.735286, 2.786215 ] }, { "date": "2024-08-16", "close": 2.84, "volume": 47463, "typical_volume": 62165.7, "trend": 2.869667, "fair_value": 7.750173, "relative_strength": -22.075971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.831693, "energy": 21.754793, "activity_lines": [ 2.664, 2.659091, 2.738667, 2.783269 ] }, { "date": "2024-08-23", "close": 2.66, "volume": 52539, "typical_volume": 61385.8, "trend": 2.841667, "fair_value": 7.680499, "relative_strength": -26.388684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.837501, "energy": 18.572686, "activity_lines": [ 2.674667, 2.654182, 2.725667, 2.769742 ] }, { "date": "2024-08-30", "close": 2.81, "volume": 63513, "typical_volume": 56128.0, "trend": 2.821667, "fair_value": 7.611482, "relative_strength": -21.42295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.395479, "energy": 13.116337, "activity_lines": [ 2.728667, 2.680182, 2.728571, 2.767699 ] }, { "date": "2024-09-06", "close": 2.89, "volume": 96926, "typical_volume": 57297.95, "trend": 2.808, "fair_value": 7.547863, "relative_strength": -14.34862, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.481077, "energy": 13.775137, "activity_lines": [ 2.794, 2.721273, 2.740095, 2.772108 ] }, { "date": "2024-09-13", "close": 3.51, "volume": 163747, "typical_volume": 61058.95, "trend": 2.825667, "fair_value": 7.487608, "relative_strength": 4.108626, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.712461, "energy": 44.154611, "activity_lines": [ 3.046667, 2.872182, 2.810952, 2.817398 ] }, { "date": "2024-09-20", "close": 3.39, "volume": 78068, "typical_volume": 63826.85, "trend": 2.842667, "fair_value": 7.430249, "relative_strength": 2.693596, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.483958, "energy": 70.975892, "activity_lines": [ 3.196, 2.985455, 2.866762, 2.853806 ] }, { "date": "2024-09-27", "close": 3.71, "volume": 52686, "typical_volume": 62818.05, "trend": 2.875, "fair_value": 7.366084, "relative_strength": 10.232413, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.930112, "energy": 83.208662, "activity_lines": [ 3.415333, 3.143636, 2.949619, 2.909763 ] }, { "date": "2024-10-04", "close": 4.18, "volume": 69225, "typical_volume": 55244.9, "trend": 2.92, "fair_value": 7.307376, "relative_strength": 26.645977, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.174531, "energy": 92.458786, "activity_lines": [ 3.721333, 3.366364, 3.072333, 2.993957 ] }, { "date": "2024-10-11", "close": 3.98, "volume": 56200, "typical_volume": 53106.15, "trend": 2.963667, "fair_value": 7.244637, "relative_strength": 19.30123, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.638111, "energy": 88.527845, "activity_lines": [ 3.869333, 3.523636, 3.170571, 3.062344 ] }, { "date": "2024-10-18", "close": 4.34, "volume": 99707, "typical_volume": 54906.85, "trend": 3.013333, "fair_value": 7.18329, "relative_strength": 28.373518, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.218873, "energy": 91.230133, "activity_lines": [ 4.064667, 3.721273, 3.298333, 3.15114 ] }, { "date": "2024-10-25", "close": 4.55, "volume": 138862, "typical_volume": 59124.35, "trend": 3.065, "fair_value": 7.122067, "relative_strength": 35.735472, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.205699, "energy": 90.223634, "activity_lines": [ 4.274667, 3.924727, 3.439571, 3.25028 ] }, { "date": "2024-11-01", "close": 4.62, "volume": 137120, "typical_volume": 63788.65, "trend": 3.119, "fair_value": 7.058851, "relative_strength": 38.812376, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.489223, "energy": 79.796581, "activity_lines": [ 4.430667, 4.109818, 3.580095, 3.350602 ] }, { "date": "2024-11-08", "close": 4.53, "volume": 25475, "typical_volume": 63054.85, "trend": 3.169333, "fair_value": 6.996889, "relative_strength": 35.653404, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.840288, "energy": 65.37881, "activity_lines": [ 4.496, 4.242909, 3.703667, 3.441634 ] }, { "date": "2024-11-15", "close": 4.1, "volume": 63050, "typical_volume": 64429.95, "trend": 3.207667, "fair_value": 6.933087, "relative_strength": 22.468272, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.81081, "energy": 56.511299, "activity_lines": [ 4.394667, 4.266545, 3.778238, 3.501677 ] }, { "date": "2024-11-22", "close": 3.85, "volume": 58110, "typical_volume": 66180.5, "trend": 3.244333, "fair_value": 6.868294, "relative_strength": 13.94802, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.757976, "energy": 39.913838, "activity_lines": [ 4.202, 4.222727, 3.822476, 3.543118 ] }, { "date": "2024-11-29", "close": 4.01, "volume": 25153, "typical_volume": 65748.85, "trend": 3.289, "fair_value": 6.80819, "relative_strength": 16.509813, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.281401, "energy": 28.670587, "activity_lines": [ 4.095333, 4.201818, 3.87619, 3.592516 ] }, { "date": "2024-12-06", "close": 3.95, "volume": 117005, "typical_volume": 69394.4, "trend": 3.331333, "fair_value": 6.748008, "relative_strength": 10.268956, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.463381, "energy": 22.076334, "activity_lines": [ 4.004667, 4.158727, 3.917762, 3.635161 ] }, { "date": "2024-12-13", "close": 4.06, "volume": 150605, "typical_volume": 76421.65, "trend": 3.365333, "fair_value": 6.68853, "relative_strength": 12.990407, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.93907, "energy": 20.525824, "activity_lines": [ 3.995333, 4.131273, 3.96319, 3.682172 ] }, { "date": "2024-12-20", "close": 3.63, "volume": 54650, "typical_volume": 78002.1, "trend": 3.387, "fair_value": 6.626296, "relative_strength": 3.664615, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.08373, "energy": 16.298021, "activity_lines": [ 3.874, 4.027818, 3.960619, 3.699247 ] }, { "date": "2024-12-27", "close": 3.64, "volume": 9064, "typical_volume": 77958.4, "trend": 3.409333, "fair_value": 6.564126, "relative_strength": 3.701879, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.695009, "energy": 12.121295, "activity_lines": [ 3.787333, 3.932545, 3.954095, 3.71557 ] }, { "date": "2025-01-03", "close": 3.57, "volume": 115823, "typical_volume": 81376.4, "trend": 3.428333, "fair_value": 6.500591, "relative_strength": 2.353162, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.465994, "energy": 11.863828, "activity_lines": [ 3.691333, 3.837273, 3.935762, 3.725935 ] }, { "date": "2025-01-10", "close": 3.6, "volume": 74779, "typical_volume": 82488.4, "trend": 3.453, "fair_value": 6.436943, "relative_strength": 1.962051, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.726101, "energy": 14.663112, "activity_lines": [ 3.634667, 3.765273, 3.91681, 3.737011 ] }, { "date": "2025-01-17", "close": 3.74, "volume": 104808, "typical_volume": 84553.15, "trend": 3.483, "fair_value": 6.37572, "relative_strength": 2.682247, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.322983, "energy": 13.490034, "activity_lines": [ 3.648, 3.737273, 3.906714, 3.755527 ] }, { "date": "2025-01-24", "close": 3.73, "volume": 156997, "typical_volume": 87556.7, "trend": 3.516333, "fair_value": 6.31718, "relative_strength": 0.409661, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.286476, "energy": 13.188182, "activity_lines": [ 3.679333, 3.721818, 3.891238, 3.771462 ] }, { "date": "2025-01-31", "close": 3.74, "volume": 49202, "typical_volume": 81829.45, "trend": 3.553, "fair_value": 6.258705, "relative_strength": -0.558446, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.12527, "energy": 8.334525, "activity_lines": [ 3.707333, 3.714909, 3.872714, 3.785892 ] }, { "date": "2025-02-07", "close": 3.66, "volume": 33168, "typical_volume": 79584.45, "trend": 3.586333, "fair_value": 6.200939, "relative_strength": -2.639188, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.626848, "energy": 9.052038, "activity_lines": [ 3.702, 3.695455, 3.845476, 3.792796 ] }, { "date": "2025-02-14", "close": 3.45, "volume": 72942, "typical_volume": 80597.25, "trend": 3.616, "fair_value": 6.141215, "relative_strength": -10.979807, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.794765, "energy": 10.371705, "activity_lines": [ 3.620667, 3.644182, 3.796952, 3.784 ] }, { "date": "2025-02-21", "close": 3.14, "volume": 67216, "typical_volume": 80496.8, "trend": 3.634667, "fair_value": 6.078588, "relative_strength": -17.933526, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -46.73579, "energy": 50.151785, "activity_lines": [ 3.446, 3.545636, 3.720143, 3.75329 ] }, { "date": "2025-02-28", "close": 3.03, "volume": 44341, "typical_volume": 79903.85, "trend": 3.649, "fair_value": 6.018005, "relative_strength": -21.558127, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.620197, "energy": 68.039301, "activity_lines": [ 3.274667, 3.443818, 3.63781, 3.71428 ] }, { "date": "2025-03-07", "close": 3.1, "volume": 107957, "typical_volume": 80316.35, "trend": 3.667, "fair_value": 5.955167, "relative_strength": -21.128043, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.659364, "energy": 76.472417, "activity_lines": [ 3.173333, 3.365636, 3.566667, 3.67886 ] }, { "date": "2025-03-14", "close": 3.34, "volume": 82413, "typical_volume": 77493.9, "trend": 3.683667, "fair_value": 5.890094, "relative_strength": -14.905985, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.878311, "energy": 79.933483, "activity_lines": [ 3.194667, 3.340909, 3.524286, 3.657763 ] }, { "date": "2025-03-21", "close": 3.07, "volume": 31478, "typical_volume": 72211.8, "trend": 3.697333, "fair_value": 5.828951, "relative_strength": -21.260843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.142005, "energy": 80.114199, "activity_lines": [ 3.147333, 3.271273, 3.461952, 3.618172 ] }, { "date": "2025-03-28", "close": 3.11, "volume": 39787, "typical_volume": 72927.4, "trend": 3.707333, "fair_value": 5.768379, "relative_strength": -18.488592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.325693, "energy": 59.937462, "activity_lines": [ 3.138667, 3.218545, 3.41081, 3.58028 ] }, { "date": "2025-04-04", "close": 2.99, "volume": 43907, "typical_volume": 71970.25, "trend": 3.710667, "fair_value": 5.709554, "relative_strength": -14.529311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.834821, "energy": 53.403015, "activity_lines": [ 3.092, 3.155455, 3.355, 3.534 ] }, { "date": "2025-04-11", "close": 3.08, "volume": 44485, "typical_volume": 71289.0, "trend": 3.696333, "fair_value": 5.652249, "relative_strength": -10.625116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.586593, "energy": 45.773527, "activity_lines": [ 3.078, 3.122182, 3.313048, 3.493312 ] }, { "date": "2025-04-18", "close": 3.08, "volume": 46410, "typical_volume": 72351.85, "trend": 3.686, "fair_value": 5.595887, "relative_strength": -13.924452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.052396, "energy": 40.319828, "activity_lines": [ 3.065333, 3.100909, 3.274762, 3.453548 ] }, { "date": "2025-04-25", "close": 3.11, "volume": 10913, "typical_volume": 67047.25, "trend": 3.666, "fair_value": 5.54129, "relative_strength": -17.026904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.495721, "energy": 37.144118, "activity_lines": [ 3.08, 3.095636, 3.243762, 3.416387 ] }, { "date": "2025-05-02", "close": 3.08, "volume": 8387, "typical_volume": 59936.35, "trend": 3.629333, "fair_value": 5.485243, "relative_strength": -20.697136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.415106, "energy": 32.780851, "activity_lines": [ 3.082, 3.091091, 3.213905, 3.378581 ] }, { "date": "2025-05-09", "close": 2.88, "volume": 113586, "typical_volume": 62883.15, "trend": 3.592667, "fair_value": 5.426656, "relative_strength": -26.98024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.715904, "energy": 37.453244, "activity_lines": [ 3.019333, 3.051273, 3.169667, 3.330237 ] }, { "date": "2025-05-16", "close": 2.86, "volume": 53546, "typical_volume": 65107.25, "trend": 3.543333, "fair_value": 5.366368, "relative_strength": -27.956999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.777016, "energy": 39.644749, "activity_lines": [ 2.957333, 3.010545, 3.127095, 3.282968 ] }, { "date": "2025-05-23", "close": 2.87, "volume": 21233, "typical_volume": 60377.75, "trend": 3.487333, "fair_value": 5.306773, "relative_strength": -26.964171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.173944, "energy": 44.65092, "activity_lines": [ 2.913333, 2.976, 3.08919, 3.239527 ] }, { "date": "2025-05-30", "close": 2.55, "volume": 95563, "typical_volume": 61416.95, "trend": 3.418333, "fair_value": 5.247014, "relative_strength": -35.698649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.924068, "energy": 64.122457, "activity_lines": [ 2.776667, 2.891818, 3.024143, 3.179054 ] }, { "date": "2025-06-06", "close": 2.58, "volume": 59360, "typical_volume": 59144.55, "trend": 3.353333, "fair_value": 5.188077, "relative_strength": -35.346251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.06119, "energy": 62.269685, "activity_lines": [ 2.687333, 2.822545, 2.966952, 3.124968 ] }, { "date": "2025-06-13", "close": 2.39, "volume": 114934, "typical_volume": 57041.4, "trend": 3.296333, "fair_value": 5.132009, "relative_strength": -37.682272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.22199, "energy": 70.506847, "activity_lines": [ 2.568, 2.728364, 2.89719, 3.062817 ] }, { "date": "2025-06-20", "close": 2.27, "volume": 49783, "typical_volume": 57070.45, "trend": 3.243667, "fair_value": 5.076745, "relative_strength": -39.972599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.583805, "energy": 79.176846, "activity_lines": [ 2.441333, 2.623273, 2.822381, 2.996602 ] }, { "date": "2025-06-27", "close": 2.26, "volume": 114022, "typical_volume": 61113.15, "trend": 3.185333, "fair_value": 5.023303, "relative_strength": -41.548206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.903156, "energy": 78.017043, "activity_lines": [ 2.350667, 2.531091, 2.753619, 2.93314 ] }, { "date": "2025-07-04", "close": 2.18, "volume": 120468, "typical_volume": 63489.45, "trend": 3.126333, "fair_value": 4.969978, "relative_strength": -42.683637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.11448, "energy": 81.28008, "activity_lines": [ 2.274, 2.439273, 2.683905, 2.86828 ] }, { "date": "2025-07-11", "close": 2.19, "volume": 144503, "typical_volume": 67353.8, "trend": 3.064, "fair_value": 4.918918, "relative_strength": -43.178792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.762623, "energy": 86.983649, "activity_lines": [ 2.225333, 2.366182, 2.62119, 2.807871 ] }, { "date": "2025-07-18", "close": 2.17, "volume": 30641, "typical_volume": 66668.8, "trend": 3.015333, "fair_value": 4.868359, "relative_strength": -43.424101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.744997, "energy": 87.477685, "activity_lines": [ 2.196, 2.305636, 2.561095, 2.750194 ] }, { "date": "2025-07-25", "close": 2.15, "volume": 22288, "typical_volume": 62385.35, "trend": 2.965667, "fair_value": 4.81893, "relative_strength": -43.425379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.261561, "energy": 85.863856, "activity_lines": [ 2.174667, 2.254364, 2.50319, 2.694366 ] }, { "date": "2025-08-01", "close": 2.14, "volume": 14888, "typical_volume": 59009.1, "trend": 2.918, "fair_value": 4.769751, "relative_strength": -41.384552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.008381, "energy": 82.642542, "activity_lines": [ 2.158, 2.214182, 2.448857, 2.641097 ] }, { "date": "2025-08-08", "close": 2.11, "volume": 58394, "typical_volume": 60354.9, "trend": 2.868333, "fair_value": 4.720065, "relative_strength": -43.571047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.061881, "energy": 67.069095, "activity_lines": [ 2.139333, 2.181818, 2.397381, 2.588968 ] }, { "date": "2025-08-15", "close": 2.12, "volume": 11344, "typical_volume": 58932.75, "trend": 2.814333, "fair_value": 4.67101, "relative_strength": -43.281745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.893495, "energy": 62.217182, "activity_lines": [ 2.128667, 2.159273, 2.351429, 2.540688 ] }, { "date": "2025-08-22", "close": 2.15, "volume": 21153, "typical_volume": 57795.05, "trend": 2.761667, "fair_value": 4.622021, "relative_strength": -42.092482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.31971, "energy": 57.135701, "activity_lines": [ 2.132667, 2.150545, 2.313048, 2.497828 ] }, { "date": "2025-08-29", "close": 2.07, "volume": 13546, "typical_volume": 56248.1, "trend": 2.706, "fair_value": 4.573274, "relative_strength": -42.723903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.117462, "energy": 62.146112, "activity_lines": [ 2.111333, 2.131636, 2.271048, 2.453204 ] }, { "date": "2025-09-05", "close": 2.01, "volume": 33790, "typical_volume": 55617.1, "trend": 2.651, "fair_value": 4.524142, "relative_strength": -43.138724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.643562, "energy": 69.289996, "activity_lines": [ 2.075333, 2.105455, 2.228143, 2.408301 ] }, { "date": "2025-09-12", "close": 1.97, "volume": 44254, "typical_volume": 57284.15, "trend": 2.601667, "fair_value": 4.478276, "relative_strength": -43.753096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.582185, "energy": 84.33489, "activity_lines": [ 2.034667, 2.076545, 2.186524, 2.364366 ] }, { "date": "2025-09-19", "close": 1.965, "volume": 38737, "typical_volume": 58801.65, "trend": 2.5625, "fair_value": 4.435523, "relative_strength": -43.030235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.932682, "energy": 87.97216, "activity_lines": [ 2.001667, 2.050545, 2.149857, 2.32329 ] }, { "date": "2025-09-26", "close": 1.955, "volume": 22349, "typical_volume": 54239.8, "trend": 2.526667, "fair_value": 4.394593, "relative_strength": -42.742818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.344789, "energy": 87.312341, "activity_lines": [ 1.975667, 2.026818, 2.117548, 2.284097 ] }, { "date": "2025-10-03", "close": 1.975, "volume": 27756, "typical_volume": 52950.3, "trend": 2.489167, "fair_value": 4.354294, "relative_strength": -42.618317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.371644, "energy": 64.577624, "activity_lines": [ 1.969333, 2.010636, 2.091548, 2.248505 ] }, { "date": "2025-10-10", "close": 1.96, "volume": 3283, "typical_volume": 52052.8, "trend": 2.443167, "fair_value": 4.314276, "relative_strength": -41.742931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.400794, "energy": 62.141967, "activity_lines": [ 1.964333, 1.994909, 2.068333, 2.214366 ] }, { "date": "2025-10-17", "close": 1.91, "volume": 27915, "typical_volume": 48670.4, "trend": 2.4045, "fair_value": 4.275322, "relative_strength": -41.103543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.263661, "energy": 59.901915, "activity_lines": [ 1.946, 1.973364, 2.04469, 2.179968 ] }, { "date": "2025-10-24", "close": 1.91, "volume": 28648, "typical_volume": 47134.8, "trend": 2.3645, "fair_value": 4.23599, "relative_strength": -40.800565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.419097, "energy": 55.495703, "activity_lines": [ 1.931667, 1.955455, 2.024095, 2.148065 ] }, { "date": "2025-10-31", "close": 1.915, "volume": 66429, "typical_volume": 44709.55, "trend": 2.328667, "fair_value": 4.197067, "relative_strength": -38.526839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.171685, "energy": 50.048324, "activity_lines": [ 1.922667, 1.942273, 2.007167, 2.119065 ] }, { "date": "2025-11-07", "close": 1.84, "volume": 57418, "typical_volume": 45091.3, "trend": 2.287333, "fair_value": 4.158671, "relative_strength": -38.527625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.485385, "energy": 52.857944, "activity_lines": [ 1.891333, 1.919727, 1.985357, 2.087538 ] }, { "date": "2025-11-14", "close": 1.8, "volume": 29432, "typical_volume": 40861.8, "trend": 2.244667, "fair_value": 4.12052, "relative_strength": -39.368808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.542515, "energy": 52.411702, "activity_lines": [ 1.855667, 1.894091, 1.961786, 2.056097 ] }, { "date": "2025-11-21", "close": 1.88, "volume": 113678, "typical_volume": 40522.3, "trend": 2.203667, "fair_value": 4.08477, "relative_strength": -33.306741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.182079, "energy": 45.469965, "activity_lines": [ 1.857333, 1.886818, 1.948024, 2.03257 ] }, { "date": "2025-11-28", "close": 1.855, "volume": 7537, "typical_volume": 33674.0, "trend": 2.162833, "fair_value": 4.048231, "relative_strength": -34.953916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.457239, "energy": 42.041947, "activity_lines": [ 1.852667, 1.876636, 1.93331, 2.010075 ] }, { "date": "2025-12-05", "close": 1.905, "volume": 75509, "typical_volume": 35917.4, "trend": 2.130333, "fair_value": 4.01025, "relative_strength": -32.490217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.305393, "energy": 35.612327, "activity_lines": [ 1.868333, 1.877545, 1.924952, 1.993441 ] }, { "date": "2025-12-12", "close": 1.86, "volume": 28692, "typical_volume": 36237.6, "trend": 2.097, "fair_value": 3.972611, "relative_strength": -33.180933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.898138, "energy": 30.212962, "activity_lines": [ 1.869667, 1.871182, 1.913571, 1.976 ] }, { "date": "2025-12-19", "close": 1.91, "volume": 58161, "typical_volume": 38401.25, "trend": 2.065, "fair_value": 3.936927, "relative_strength": -30.465276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.139712, "energy": 21.575518, "activity_lines": [ 1.886333, 1.876, 1.908333, 1.963935 ] }, { "date": "2025-12-26", "close": 1.8, "volume": 18779, "typical_volume": 36420.5, "trend": 2.04, "fair_value": 3.900915, "relative_strength": -33.383413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.251226, "energy": 28.830521, "activity_lines": [ 1.859, 1.861727, 1.893714, 1.946839 ] }, { "date": "2026-01-02", "close": 1.78, "volume": 27974, "typical_volume": 37252.0, "trend": 2.013333, "fair_value": 3.865656, "relative_strength": -33.42682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.966986, "energy": 34.885855, "activity_lines": [ 1.830333, 1.845818, 1.878667, 1.930065 ] }, { "date": "2026-01-09", "close": 1.815, "volume": 12453, "typical_volume": 36817.0, "trend": 1.994167, "fair_value": 3.827854, "relative_strength": -32.798646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.489784, "energy": 32.165949, "activity_lines": [ 1.818333, 1.838636, 1.868571, 1.917269 ] }, { "date": "2026-01-16", "close": 1.83, "volume": 3348, "typical_volume": 36307.1, "trend": 1.9795, "fair_value": 3.789519, "relative_strength": -31.015879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.802334, "energy": 33.537821, "activity_lines": [ 1.817333, 1.836, 1.8615, 1.906677 ] }, { "date": "2026-01-23", "close": 1.71, "volume": 54554, "typical_volume": 37345.3, "trend": 1.961167, "fair_value": 3.750288, "relative_strength": -33.219137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.459146, "energy": 43.130274, "activity_lines": [ 1.778333, 1.811727, 1.844143, 1.88929 ] }, { "date": "2026-01-30", "close": 1.785, "volume": 27964, "typical_volume": 36530.8, "trend": 1.948, "fair_value": 3.711413, "relative_strength": -27.922858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.776356, "energy": 31.492886, "activity_lines": [ 1.777667, 1.802727, 1.835357, 1.877925 ] }, { "date": "2026-02-06", "close": 1.725, "volume": 194541, "typical_volume": 44321.0, "trend": 1.9325, "fair_value": 3.673915, "relative_strength": -29.54166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.343691, "energy": 35.226569, "activity_lines": [ 1.758, 1.784545, 1.821738, 1.863538 ] }, { "date": "2026-02-13", "close": 1.75, "volume": 377334, "typical_volume": 62070.25, "trend": 1.9185, "fair_value": 3.636576, "relative_strength": -27.913559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.268587, "energy": 37.240124, "activity_lines": [ 1.750333, 1.773273, 1.811643, 1.851763 ] }, { "date": "2026-02-20", "close": 1.86, "volume": 66352, "typical_volume": 64000.05, "trend": 1.908833, "fair_value": 3.597175, "relative_strength": -23.414718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.7493, "energy": 22.911166, "activity_lines": [ 1.783667, 1.784818, 1.813, 1.847989 ] }, { "date": "2026-02-27", "close": 1.835, "volume": 9961, "typical_volume": 64333.95, "trend": 1.898667, "fair_value": 3.558495, "relative_strength": -23.569986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.567164, "energy": 16.236, "activity_lines": [ 1.806667, 1.791818, 1.812524, 1.843226 ] }, { "date": "2026-03-06", "close": 1.745, "volume": 15053, "typical_volume": 63690.85, "trend": 1.8865, "fair_value": 3.521628, "relative_strength": -21.131412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.508464, "energy": 16.647731, "activity_lines": [ 1.791333, 1.783818, 1.804071, 1.833312 ] }, { "date": "2026-03-13", "close": 1.81, "volume": 38485, "typical_volume": 64182.7, "trend": 1.876167, "fair_value": 3.485806, "relative_strength": -16.526408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.123606, "energy": 14.284545, "activity_lines": [ 1.800333, 1.788636, 1.802595, 1.828376 ] }, { "date": "2026-03-20", "close": 1.76, "volume": 13228, "typical_volume": 61522.65, "trend": 1.863167, "fair_value": 3.455576, "relative_strength": -13.96985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.220433, "energy": 16.323008, "activity_lines": [ 1.787, 1.783818, 1.796833, 1.820882 ] }, { "date": "2026-03-27", "close": 1.715, "volume": 68456, "typical_volume": 62074.55, "trend": 1.851333, "fair_value": 3.423171, "relative_strength": -14.767105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.939525, "energy": 25.060951, "activity_lines": [ 1.758, 1.771818, 1.787524, 1.811323 ] }, { "date": "2026-04-03", "close": 1.69, "volume": 14914, "typical_volume": 61348.65, "trend": 1.840667, "fair_value": 3.386077, "relative_strength": -17.895529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.422644, "energy": 31.631643, "activity_lines": [ 1.730333, 1.757364, 1.776429, 1.800914 ] }, { "date": "2026-04-10", "close": 1.69, "volume": 8047, "typical_volume": 56067.1, "trend": 1.831333, "fair_value": 3.349108, "relative_strength": -18.677463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.100621, "energy": 38.622453, "activity_lines": [ 1.712333, 1.743273, 1.765857, 1.791194 ] }, { "date": "2026-04-17", "close": 1.71, "volume": 11519, "typical_volume": 56266.2, "trend": 1.822833, "fair_value": 3.310507, "relative_strength": -19.356959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.301645, "energy": 38.900265, "activity_lines": [ 1.704667, 1.734545, 1.758095, 1.783366 ] }, { "date": "2026-04-24", "close": 1.605, "volume": 43372, "typical_volume": 54659.35, "trend": 1.811167, "fair_value": 3.273371, "relative_strength": -21.216623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.494096, "energy": 47.982971, "activity_lines": [ 1.668667, 1.707, 1.741024, 1.769312 ] }, { "date": "2026-05-01", "close": 1.5, "volume": 84574, "typical_volume": 57453.45, "trend": 1.795333, "fair_value": 3.236192, "relative_strength": -25.652393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.099079, "energy": 61.060424, "activity_lines": [ 1.608, 1.663, 1.715381, 1.749237 ] }, { "date": "2026-05-08", "close": 1.57, "volume": 102965, "typical_volume": 59693.65, "trend": 1.782333, "fair_value": 3.203863, "relative_strength": -21.272499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.781126, "energy": 58.169994, "activity_lines": [ 1.585, 1.638273, 1.698119, 1.734699 ] }, { "date": "2026-05-15", "close": 1.585, "volume": 34329, "typical_volume": 60471.15, "trend": 1.7715, "fair_value": 3.171254, "relative_strength": -18.192755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.722492, "energy": 53.639689, "activity_lines": [ 1.575, 1.621091, 1.683905, 1.721968 ] }, { "date": "2026-05-22", "close": 1.63, "volume": 51880, "typical_volume": 61666.45, "trend": 1.762167, "fair_value": 3.14019, "relative_strength": -17.949158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.667235, "energy": 41.506058, "activity_lines": [ 1.587, 1.615, 1.675, 1.712839 ] }, { "date": "2026-05-29", "close": 1.615, "volume": 14082, "typical_volume": 61747.9, "trend": 1.752167, "fair_value": 3.109534, "relative_strength": -18.581624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.851473, "energy": 29.999519, "activity_lines": [ 1.599333, 1.609455, 1.665381, 1.703344 ] }, { "date": "2026-06-05", "close": 1.6, "volume": 0, "typical_volume": 61580.5, "trend": 1.744167, "fair_value": 3.075008, "relative_strength": -17.376584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.289021, "energy": 24.392106, "activity_lines": [ 1.606, 1.603818, 1.655286, 1.693527 ] }, { "date": "2026-06-12", "close": 1.595, "volume": 1450, "typical_volume": 58925.3, "trend": 1.737333, "fair_value": 3.043469, "relative_strength": -16.463388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.868053, "energy": 23.318631, "activity_lines": [ 1.604333, 1.599364, 1.64581, 1.683903 ] }, { "date": "2026-06-19", "close": 1.535, "volume": 1300, "typical_volume": 57592.1, "trend": 1.725833, "fair_value": 3.013432, "relative_strength": -20.023654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.176837, "energy": 33.177308, "activity_lines": [ 1.581, 1.585727, 1.631167, 1.670849 ] }, { "date": "2026-06-26", "close": 1.39, "volume": 23757, "typical_volume": 49052.9, "trend": 1.710333, "fair_value": 2.982466, "relative_strength": -25.956175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.59213, "energy": 64.94807, "activity_lines": [ 1.512667, 1.548545, 1.603905, 1.649183 ] }, { "date": "2026-07-03", "close": 1.285, "volume": 930, "typical_volume": 30232.7, "trend": 1.689667, "fair_value": 2.950449, "relative_strength": -33.792259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.323678, "energy": 82.002908, "activity_lines": [ 1.425333, 1.498091, 1.568238, 1.621742 ] }, { "date": "2026-07-10", "close": 1.27, "volume": 41445, "typical_volume": 28987.35, "trend": 1.67, "fair_value": 2.918333, "relative_strength": -32.017851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.754469, "energy": 86.404171, "activity_lines": [ 1.355, 1.450727, 1.533357, 1.594667 ] }, { "date": "2026-07-17", "close": 1.355, "volume": 108062, "typical_volume": 33892.4, "trend": 1.6515, "fair_value": 2.888558, "relative_strength": -26.115276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.045625, "energy": 80.301034, "activity_lines": [ 1.335, 1.423, 1.509381, 1.574344 ] }, { "date": "2026-07-24", "close": 1.35, "volume": 25819, "typical_volume": 34430.7, "trend": 1.6365, "fair_value": 2.858622, "relative_strength": -26.504352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.282033, "energy": 76.536355, "activity_lines": [ 1.329333, 1.398273, 1.487214, 1.554892 ] }, { "date": "2026-07-31", "close": 1.285, "volume": 13630, "typical_volume": 33187.95, "trend": 1.62, "fair_value": 2.828782, "relative_strength": -30.740292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.076232, "energy": 66.516532, "activity_lines": [ 1.314333, 1.366, 1.460738, 1.532215 ] }, { "date": "2026-08-07", "close": 1.28, "volume": 18440, "typical_volume": 33448.55, "trend": 1.602167, "fair_value": 2.797244, "relative_strength": -32.121333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.503404, "energy": 55.967868, "activity_lines": [ 1.304667, 1.339091, 1.436286, 1.51028 ] } ], "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." } } }