{ "ticker": { "uuid": "8653dea5-a171-464a-b6d0-81bc7cfddef3", "symbol": "LGT", "name": "Lingotes Especiales, S.A.", "exchange": "MCE", "country": "ES", "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": "^IBEX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 58.408, "architecture_energy": 37.145, "architecture_maturity": 29.543, "architecture_confidence": 59.736, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 28.83, "rotation_up": 45.24, "upward_expansion": 75.29, "deceleration": 60.41, "rotation_down": 24.42, "downward_expansion": 4.29 }, "activity_lines": [ 5.629333, 5.625818, 5.568333, 5.504645 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 5.66, "trend_reference": 5.434, "distance_from_trend": 0.04159, "trend_direction": "Improving", "fair_value": 6.233916, "distance_from_fair_value": -0.092064, "fair_value_direction": "Improving", "relative_strength": -11.936006, "relative_strength_direction": "Improving", "price_momentum": -0.007018, "excess_performance": -0.131448, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.04159, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024896, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.092064, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.061151, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.11936, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.023817, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.007018, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.784105, "read": "Supply-led" } ], "volume": { "latest": 8518, "relative_activity": 0.211972, "balance": 0.784105, "dry_up": 0.264088, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.027997, "annualized_volatility": 0.130092, "from_high_reference": -0.135878, "from_low_reference": 0.174274 }, "levels": { "trend_reference": 5.434, "fair_value_reference": 6.233916, "structural_low": 4.96, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.034248, "positive_rate": 0.3, "directional_follow_through": 0.3, "median_excess_return": -0.053065, "regime_survival": 0.7, "best_return": 0.190508, "worst_return": -0.122727, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.074918, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.080679, "regime_survival": 0.0, "best_return": 0.014766, "worst_return": -0.129546, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.087623, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.118685, "regime_survival": 0.0, "best_return": -0.075939, "worst_return": -0.099307, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.154288, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.316678, "regime_survival": 0.0, "best_return": -0.142551, "worst_return": -0.166025, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-01-20", "end": "2023-02-10", "tenure": "New", "return": -0.002387, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-02-17", "end": "2023-03-17", "tenure": "Developing", "return": -0.122727, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-03-24", "end": "2023-06-09", "tenure": "Developing", "return": 0.072193, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-16", "end": "2023-08-11", "tenure": "Developing", "return": -0.023525, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-18", "end": "2023-09-22", "tenure": "Developing", "return": -0.047619, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-09-29", "end": "2023-10-20", "tenure": "New", "return": -0.050139, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2024-01-19", "tenure": "Established", "return": 0.07716, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-26", "end": "2024-06-07", "tenure": "Established", "return": 0.100592, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-14", "end": "2024-08-09", "tenure": "Developing", "return": 0.05445, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-10-11", "tenure": "Developing", "return": -0.048913, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-18", "end": "2024-11-22", "tenure": "Developing", "return": -0.031429, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2026-02-06", "tenure": "Extended", "return": -0.149254, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-06-05", "tenure": "Established", "return": 0.005405, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.003521, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.208372, "volume": 2511, "typical_volume": 23404.05, "trend": 7.193852, "fair_value": 8.949674, "relative_strength": 3.812727, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.65263, "energy": 5.845705, "activity_lines": [ 7.288465, 7.345571, 7.24437, 7.184857 ] }, { "date": "2023-08-25", "close": 7.227442, "volume": 1920, "typical_volume": 23379.25, "trend": 7.188003, "fair_value": 8.930222, "relative_strength": 3.448894, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.743479, "energy": 6.597983, "activity_lines": [ 7.261767, 7.320216, 7.256224, 7.187024 ] }, { "date": "2023-09-01", "close": 7.246511, "volume": 488, "typical_volume": 22997.9, "trend": 7.180365, "fair_value": 8.913667, "relative_strength": 2.691828, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.324394, "energy": 16.105724, "activity_lines": [ 7.240155, 7.301849, 7.268912, 7.190799 ] }, { "date": "2023-09-08", "close": 6.903255, "volume": 7372, "typical_volume": 22826.7, "trend": 7.157041, "fair_value": 8.897133, "relative_strength": -1.166817, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.779158, "energy": 16.242884, "activity_lines": [ 7.123193, 7.221601, 7.246101, 7.172921 ] }, { "date": "2023-09-15", "close": 6.865116, "volume": 6149, "typical_volume": 22806.45, "trend": 7.119107, "fair_value": 8.880077, "relative_strength": -3.56458, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.490413, "energy": 28.976626, "activity_lines": [ 7.022759, 7.142841, 7.218227, 7.154087 ] }, { "date": "2023-09-22", "close": 6.865116, "volume": 7979, "typical_volume": 22872.35, "trend": 7.092086, "fair_value": 8.861077, "relative_strength": -3.033842, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.715108, "energy": 37.59541, "activity_lines": [ 6.947752, 7.07419, 7.189363, 7.137701 ] }, { "date": "2023-09-29", "close": 6.846046, "volume": 12934, "typical_volume": 23270.85, "trend": 7.067461, "fair_value": 8.840568, "relative_strength": -2.650294, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.588898, "energy": 42.563874, "activity_lines": [ 6.889271, 7.016287, 7.157085, 7.121827 ] }, { "date": "2023-10-06", "close": 6.502791, "volume": 1741, "typical_volume": 23180.2, "trend": 7.047765, "fair_value": 8.820356, "relative_strength": -5.624153, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.629334, "energy": 55.117967, "activity_lines": [ 6.741798, 6.902562, 7.090438, 7.085397 ] }, { "date": "2023-10-13", "close": 6.57907, "volume": 7007, "typical_volume": 22749.1, "trend": 7.033036, "fair_value": 8.799801, "relative_strength": -4.500561, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.402564, "energy": 60.736382, "activity_lines": [ 6.669333, 6.821429, 7.033263, 7.055158 ] }, { "date": "2023-10-20", "close": 6.502791, "volume": 4915, "typical_volume": 22754.85, "trend": 7.02304, "fair_value": 8.777646, "relative_strength": -3.42186, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.132767, "energy": 76.71544, "activity_lines": [ 6.593054, 6.740296, 6.970754, 7.020949 ] }, { "date": "2023-10-27", "close": 6.178605, "volume": 25248, "typical_volume": 23486.05, "trend": 6.992537, "fair_value": 8.756189, "relative_strength": -7.082963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.552306, "energy": 83.737648, "activity_lines": [ 6.432868, 6.613742, 6.880617, 6.966469 ] }, { "date": "2023-11-03", "close": 6.273953, "volume": 9226, "typical_volume": 22970.25, "trend": 6.967638, "fair_value": 8.735343, "relative_strength": -9.434236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.793157, "energy": 80.982398, "activity_lines": [ 6.350233, 6.523247, 6.804872, 6.920109 ] }, { "date": "2023-11-10", "close": 6.312093, "volume": 6832, "typical_volume": 22590.35, "trend": 6.956136, "fair_value": 8.713631, "relative_strength": -9.594016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.065754, "energy": 74.938841, "activity_lines": [ 6.31845, 6.457023, 6.738221, 6.877816 ] }, { "date": "2023-11-17", "close": 6.331162, "volume": 6142, "typical_volume": 22563.65, "trend": 6.947088, "fair_value": 8.684825, "relative_strength": -12.849544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.905145, "energy": 65.420218, "activity_lines": [ 6.305736, 6.411256, 6.677974, 6.837495 ] }, { "date": "2023-11-24", "close": 6.121395, "volume": 15255, "typical_volume": 11179.0, "trend": 6.92923, "fair_value": 8.65634, "relative_strength": -17.113119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.806296, "energy": 56.244697, "activity_lines": [ 6.239628, 6.33775, 6.60268, 6.784225 ] }, { "date": "2023-12-01", "close": 6.140465, "volume": 12686, "typical_volume": 9521.85, "trend": 6.916251, "fair_value": 8.627977, "relative_strength": -18.317098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.816694, "energy": 53.859496, "activity_lines": [ 6.205302, 6.281234, 6.535391, 6.733337 ] }, { "date": "2023-12-08", "close": 6.197674, "volume": 9369, "typical_volume": 8923.1, "trend": 6.906391, "fair_value": 8.601091, "relative_strength": -18.060214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.316518, "energy": 50.391413, "activity_lines": [ 6.192589, 6.248296, 6.480724, 6.686977 ] }, { "date": "2023-12-15", "close": 6.083256, "volume": 14333, "typical_volume": 9231.8, "trend": 6.876954, "fair_value": 8.570418, "relative_strength": -18.463344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.839749, "energy": 53.93329, "activity_lines": [ 6.146822, 6.206342, 6.419973, 6.633871 ] }, { "date": "2023-12-22", "close": 5.949767, "volume": 29671, "typical_volume": 9398.6, "trend": 6.842461, "fair_value": 8.540277, "relative_strength": -20.282994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.803715, "energy": 60.341987, "activity_lines": [ 6.071814, 6.147746, 6.353411, 6.574053 ] }, { "date": "2023-12-29", "close": 5.835349, "volume": 29458, "typical_volume": 10561.8, "trend": 6.797485, "fair_value": 8.510513, "relative_strength": -21.687552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.826895, "energy": 68.032499, "activity_lines": [ 5.984093, 6.079788, 6.28258, 6.509078 ] }, { "date": "2024-01-05", "close": 6.464651, "volume": 9700, "typical_volume": 10921.25, "trend": 6.769848, "fair_value": 8.485616, "relative_strength": -13.681778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.881766, "energy": 42.364492, "activity_lines": [ 6.125209, 6.138385, 6.278403, 6.487605 ] }, { "date": "2024-01-12", "close": 6.712558, "volume": 21546, "typical_volume": 11902.55, "trend": 6.74623, "fair_value": 8.462031, "relative_strength": -9.645084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.167925, "energy": 14.876942, "activity_lines": [ 6.327349, 6.236854, 6.301377, 6.483908 ] }, { "date": "2024-01-19", "close": 6.655349, "volume": 10042, "typical_volume": 12380.25, "trend": 6.725556, "fair_value": 8.438911, "relative_strength": -7.833797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.114246, "energy": 17.261027, "activity_lines": [ 6.476093, 6.316947, 6.321355, 6.478045 ] }, { "date": "2024-01-26", "close": 6.445581, "volume": 4010, "typical_volume": 12212.15, "trend": 6.694858, "fair_value": 8.416945, "relative_strength": -11.048837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.566944, "energy": 22.948175, "activity_lines": [ 6.516775, 6.352659, 6.32417, 6.459982 ] }, { "date": "2024-02-02", "close": 6.464651, "volume": 7107, "typical_volume": 12260.05, "trend": 6.662977, "fair_value": 8.396766, "relative_strength": -11.510175, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.590215, "energy": 20.684539, "activity_lines": [ 6.53076, 6.389759, 6.330981, 6.44513 ] }, { "date": "2024-02-09", "close": 6.54093, "volume": 4686, "typical_volume": 12095.4, "trend": 6.626108, "fair_value": 8.378187, "relative_strength": -8.546146, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.244938, "energy": 14.956604, "activity_lines": [ 6.528217, 6.434486, 6.346963, 6.437256 ] }, { "date": "2024-02-16", "close": 6.674418, "volume": 6814, "typical_volume": 11789.4, "trend": 6.60831, "fair_value": 8.359075, "relative_strength": -6.127852, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.414232, "energy": 18.320857, "activity_lines": [ 6.565085, 6.496203, 6.377202, 6.440373 ] }, { "date": "2024-02-23", "close": 6.483721, "volume": 8347, "typical_volume": 12119.7, "trend": 6.573349, "fair_value": 8.337909, "relative_strength": -10.543589, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.926213, "energy": 10.775667, "activity_lines": [ 6.54093, 6.514579, 6.390097, 6.432335 ] }, { "date": "2024-03-01", "close": 6.331162, "volume": 4711, "typical_volume": 12004.9, "trend": 6.539659, "fair_value": 8.311323, "relative_strength": -11.667247, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.545904, "energy": 12.898362, "activity_lines": [ 6.477364, 6.497936, 6.388553, 6.41671 ] }, { "date": "2024-03-08", "close": 6.235814, "volume": 5559, "typical_volume": 12037.1, "trend": 6.505969, "fair_value": 8.269971, "relative_strength": -14.665917, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.156787, "energy": 16.455593, "activity_lines": [ 6.389643, 6.457023, 6.379109, 6.397107 ] }, { "date": "2024-03-15", "close": 6.254883, "volume": 6425, "typical_volume": 11095.95, "trend": 6.474186, "fair_value": 8.23457, "relative_strength": -16.276723, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.208356, "energy": 21.680572, "activity_lines": [ 6.323534, 6.412296, 6.372753, 6.380908 ] }, { "date": "2024-03-22", "close": 6.312093, "volume": 5122, "typical_volume": 10890.75, "trend": 6.443674, "fair_value": 8.203326, "relative_strength": -17.735059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.890406, "energy": 18.863327, "activity_lines": [ 6.295566, 6.381784, 6.371481, 6.37045 ] }, { "date": "2024-03-29", "close": 6.254883, "volume": 6079, "typical_volume": 10853.1, "trend": 6.41062, "fair_value": 8.17084, "relative_strength": -18.995676, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.276501, "energy": 23.406224, "activity_lines": [ 6.272682, 6.348152, 6.36458, 6.35827 ] }, { "date": "2024-04-05", "close": 6.483721, "volume": 11168, "typical_volume": 11104.4, "trend": 6.396635, "fair_value": 8.141279, "relative_strength": -14.434569, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.138614, "energy": 13.75585, "activity_lines": [ 6.341333, 6.363408, 6.379745, 6.362987 ] }, { "date": "2024-04-12", "close": 6.483721, "volume": 2137, "typical_volume": 10448.5, "trend": 6.383922, "fair_value": 8.107054, "relative_strength": -12.339695, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.196338, "energy": 3.67248, "activity_lines": [ 6.399814, 6.37797, 6.394184, 6.368605 ] }, { "date": "2024-04-19", "close": 6.57907, "volume": 10141, "typical_volume": 10321.25, "trend": 6.374387, "fair_value": 8.074607, "relative_strength": -11.193909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.967473, "energy": 25.69315, "activity_lines": [ 6.47355, 6.409522, 6.415978, 6.381195 ] }, { "date": "2024-04-26", "close": 6.502791, "volume": 1922, "typical_volume": 9948.9, "trend": 6.362946, "fair_value": 8.04371, "relative_strength": -15.244284, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.797947, "energy": 31.749256, "activity_lines": [ 6.500248, 6.426512, 6.428418, 6.389479 ] }, { "date": "2024-05-03", "close": 6.426511, "volume": 1306, "typical_volume": 9297.55, "trend": 6.360403, "fair_value": 8.013199, "relative_strength": -13.630156, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.522457, "energy": 35.7107, "activity_lines": [ 6.488806, 6.432753, 6.432142, 6.39358 ] }, { "date": "2024-05-10", "close": 6.388372, "volume": 7648, "typical_volume": 8196.4, "trend": 6.354046, "fair_value": 7.982444, "relative_strength": -15.779339, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.333475, "energy": 25.748234, "activity_lines": [ 6.453209, 6.433099, 6.430598, 6.395385 ] }, { "date": "2024-05-17", "close": 6.56, "volume": 1826, "typical_volume": 6814.8, "trend": 6.355953, "fair_value": 7.952206, "relative_strength": -14.79597, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.48821, "energy": 22.75218, "activity_lines": [ 6.481178, 6.463611, 6.443311, 6.408672 ] }, { "date": "2024-05-24", "close": 6.674418, "volume": 18720, "typical_volume": 7265.8, "trend": 6.37248, "fair_value": 7.923576, "relative_strength": -12.266932, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.623076, "energy": 29.867989, "activity_lines": [ 6.542201, 6.509032, 6.46347, 6.429218 ] }, { "date": "2024-05-31", "close": 6.712558, "volume": 23196, "typical_volume": 7348.3, "trend": 6.387101, "fair_value": 7.89723, "relative_strength": -11.911559, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.771807, "energy": 40.218487, "activity_lines": [ 6.609581, 6.553759, 6.486263, 6.451159 ] }, { "date": "2024-06-07", "close": 7.093954, "volume": 23454, "typical_volume": 8018.9, "trend": 6.413163, "fair_value": 7.872456, "relative_strength": -7.154908, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.528337, "energy": 70.383827, "activity_lines": [ 6.790109, 6.66055, 6.54538, 6.496762 ] }, { "date": "2024-06-14", "close": 7.055814, "volume": 17607, "typical_volume": 8698.75, "trend": 6.437318, "fair_value": 7.845687, "relative_strength": -3.802098, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.49497, "energy": 73.088283, "activity_lines": [ 6.913426, 6.74515, 6.598775, 6.538223 ] }, { "date": "2024-06-21", "close": 7.818604, "volume": 33630, "typical_volume": 10024.9, "trend": 6.493891, "fair_value": 7.825849, "relative_strength": 6.445882, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.205115, "energy": 89.832645, "activity_lines": [ 7.246511, 6.958038, 6.721911, 6.627339 ] }, { "date": "2024-06-28", "close": 7.894883, "volume": 36170, "typical_volume": 11599.1, "trend": 6.552372, "fair_value": 7.807083, "relative_strength": 8.500286, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.796083, "energy": 91.868319, "activity_lines": [ 7.521116, 7.160524, 6.845865, 6.717725 ] }, { "date": "2024-07-05", "close": 8.085581, "volume": 31022, "typical_volume": 12809.5, "trend": 6.615302, "fair_value": 7.791288, "relative_strength": 10.536931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.42936, "energy": 93.571177, "activity_lines": [ 7.777922, 7.373759, 6.981532, 6.816642 ] }, { "date": "2024-07-12", "close": 8.4, "volume": 66911, "typical_volume": 15737.7, "trend": 6.692527, "fair_value": 7.779257, "relative_strength": 12.725007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.118104, "energy": 94.08561, "activity_lines": [ 8.048, 7.615382, 7.140425, 6.931784 ] }, { "date": "2024-07-19", "close": 7.9, "volume": 26602, "typical_volume": 16832.25, "trend": 6.757535, "fair_value": 7.764605, "relative_strength": 7.701631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.304661, "energy": 81.769649, "activity_lines": [ 8.064341, 7.730215, 7.242573, 7.009685 ] }, { "date": "2024-07-26", "close": 7.94, "volume": 9976, "typical_volume": 17053.1, "trend": 6.82769, "fair_value": 7.748751, "relative_strength": 7.695573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.903458, "energy": 60.998811, "activity_lines": [ 8.037736, 7.824837, 7.341061, 7.085973 ] }, { "date": "2024-08-02", "close": 7.8, "volume": 7076, "typical_volume": 17085.65, "trend": 6.872201, "fair_value": 7.729959, "relative_strength": 10.854259, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.438867, "energy": 53.443423, "activity_lines": [ 7.956372, 7.868913, 7.4181, 7.148703 ] }, { "date": "2024-08-09", "close": 7.44, "volume": 13810, "typical_volume": 17520.05, "trend": 6.896449, "fair_value": 7.706528, "relative_strength": 6.293003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.368489, "energy": 32.905321, "activity_lines": [ 7.761333, 7.82707, 7.453495, 7.185335 ] }, { "date": "2024-08-16", "close": 7.36, "volume": 1267, "typical_volume": 17279.45, "trend": 6.919938, "fair_value": 7.684625, "relative_strength": 2.478004, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.260598, "energy": 21.99227, "activity_lines": [ 7.582667, 7.757454, 7.4759, 7.215242 ] }, { "date": "2024-08-23", "close": 7.5, "volume": 1401, "typical_volume": 16791.1, "trend": 6.955085, "fair_value": 7.662744, "relative_strength": 1.711319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.161143, "energy": 23.028787, "activity_lines": [ 7.52, 7.708457, 7.506376, 7.252665 ] }, { "date": "2024-08-30", "close": 7.38, "volume": 9371, "typical_volume": 17152.8, "trend": 6.985597, "fair_value": 7.640969, "relative_strength": -0.653286, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.090431, "energy": 23.497315, "activity_lines": [ 7.444, 7.629564, 7.520585, 7.280079 ] }, { "date": "2024-09-06", "close": 7.3, "volume": 11147, "typical_volume": 17203.1, "trend": 7.010899, "fair_value": 7.618389, "relative_strength": 0.53171, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.064203, "energy": 19.603603, "activity_lines": [ 7.378667, 7.544101, 7.522906, 7.300363 ] }, { "date": "2024-09-13", "close": 7.16, "volume": 4584, "typical_volume": 17336.2, "trend": 7.027085, "fair_value": 7.594912, "relative_strength": -4.254889, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.015568, "energy": 11.979602, "activity_lines": [ 7.3, 7.444, 7.508461, 7.309982 ] }, { "date": "2024-09-20", "close": 7.28, "volume": 5182, "typical_volume": 17530.0, "trend": 7.053628, "fair_value": 7.571621, "relative_strength": -4.121947, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.281189, "energy": 15.147104, "activity_lines": [ 7.28, 7.382545, 7.502314, 7.326299 ] }, { "date": "2024-09-27", "close": 7.1, "volume": 8319, "typical_volume": 17563.55, "trend": 7.079256, "fair_value": 7.547177, "relative_strength": -7.804574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.745164, "energy": 16.432936, "activity_lines": [ 7.205333, 7.308727, 7.474961, 7.329291 ] }, { "date": "2024-10-04", "close": 7.1, "volume": 9439, "typical_volume": 17944.2, "trend": 7.108062, "fair_value": 7.523315, "relative_strength": -5.093714, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.352749, "energy": 27.774971, "activity_lines": [ 7.157333, 7.249455, 7.444219, 7.33063 ] }, { "date": "2024-10-11", "close": 7.0, "volume": 7400, "typical_volume": 17378.2, "trend": 7.132899, "fair_value": 7.498229, "relative_strength": -6.593054, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.679071, "energy": 43.267783, "activity_lines": [ 7.094667, 7.187273, 7.401382, 7.323658 ] }, { "date": "2024-10-18", "close": 7.0, "volume": 11489, "typical_volume": 16792.85, "trend": 7.155829, "fair_value": 7.473144, "relative_strength": -7.831074, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.88532, "energy": 44.97558, "activity_lines": [ 7.052, 7.139636, 7.356994, 7.315084 ] }, { "date": "2024-10-25", "close": 7.02, "volume": 4033, "typical_volume": 15821.8, "trend": 7.181333, "fair_value": 7.448186, "relative_strength": -6.407445, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.067918, "energy": 39.821692, "activity_lines": [ 7.026667, 7.103636, 7.313143, 7.306321 ] }, { "date": "2024-11-01", "close": 6.9, "volume": 10215, "typical_volume": 15452.2, "trend": 7.195209, "fair_value": 7.422459, "relative_strength": -7.986631, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.659955, "energy": 47.149964, "activity_lines": [ 6.978667, 7.052, 7.258215, 7.28817 ] }, { "date": "2024-11-08", "close": 6.8, "volume": 6435, "typical_volume": 14092.45, "trend": 7.205752, "fair_value": 7.396092, "relative_strength": -6.792436, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.179745, "energy": 57.929302, "activity_lines": [ 6.910667, 6.993091, 7.194505, 7.262673 ] }, { "date": "2024-11-15", "close": 6.64, "volume": 13142, "typical_volume": 12941.05, "trend": 7.207783, "fair_value": 7.369281, "relative_strength": -9.42999, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.663955, "energy": 68.183285, "activity_lines": [ 6.809333, 6.915636, 7.120408, 7.226173 ] }, { "date": "2024-11-22", "close": 6.78, "volume": 14136, "typical_volume": 12096.75, "trend": 7.217023, "fair_value": 7.344243, "relative_strength": -7.587992, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.916177, "energy": 71.42115, "activity_lines": [ 6.778667, 6.875636, 7.065619, 7.198574 ] }, { "date": "2024-11-29", "close": 6.7, "volume": 6385, "typical_volume": 9070.45, "trend": 7.226139, "fair_value": 7.317234, "relative_strength": -8.47453, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.150381, "energy": 72.413376, "activity_lines": [ 6.736, 6.828, 7.009429, 7.165217 ] }, { "date": "2024-12-06", "close": 6.6, "volume": 8559, "typical_volume": 8168.3, "trend": 7.233194, "fair_value": 7.289584, "relative_strength": -12.89875, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.607678, "energy": 71.786691, "activity_lines": [ 6.681333, 6.772727, 6.95181, 7.124821 ] }, { "date": "2024-12-13", "close": 6.52, "volume": 8042, "typical_volume": 8071.6, "trend": 7.23186, "fair_value": 7.261422, "relative_strength": -11.482753, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.277497, "energy": 67.337606, "activity_lines": [ 6.62, 6.712, 6.892762, 7.078809 ] }, { "date": "2024-12-20", "close": 6.6, "volume": 7596, "typical_volume": 8097.6, "trend": 7.22938, "fair_value": 7.23348, "relative_strength": -8.135079, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.469727, "energy": 63.214734, "activity_lines": [ 6.604, 6.676364, 6.848095, 7.038043 ] }, { "date": "2024-12-27", "close": 6.28, "volume": 15049, "typical_volume": 8159.55, "trend": 7.214961, "fair_value": 7.203779, "relative_strength": -12.988275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.562754, "energy": 75.228665, "activity_lines": [ 6.484, 6.589818, 6.778667, 6.976793 ] }, { "date": "2025-01-03", "close": 6.64, "volume": 30438, "typical_volume": 9618.1, "trend": 7.199829, "fair_value": 7.175803, "relative_strength": -8.762478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.402936, "energy": 50.502686, "activity_lines": [ 6.517333, 6.581818, 6.749048, 6.939699 ] }, { "date": "2025-01-10", "close": 6.76, "volume": 9545, "typical_volume": 10025.3, "trend": 7.189969, "fair_value": 7.149179, "relative_strength": -7.411364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.010645, "energy": 40.12929, "activity_lines": [ 6.594667, 6.602545, 6.734286, 6.911323 ] }, { "date": "2025-01-17", "close": 6.72, "volume": 21440, "typical_volume": 10628.75, "trend": 7.153349, "fair_value": 7.125796, "relative_strength": -9.156705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.480062, "energy": 28.913473, "activity_lines": [ 6.648, 6.618545, 6.719238, 6.881002 ] }, { "date": "2025-01-24", "close": 6.5, "volume": 14849, "typical_volume": 10813.85, "trend": 7.106853, "fair_value": 7.103044, "relative_strength": -12.328443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.519864, "energy": 24.838367, "activity_lines": [ 6.614667, 6.596, 6.686381, 6.838851 ] }, { "date": "2025-01-31", "close": 6.24, "volume": 25084, "typical_volume": 11838.85, "trend": 7.045333, "fair_value": 7.081248, "relative_strength": -18.112782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.608489, "energy": 37.58708, "activity_lines": [ 6.501333, 6.528727, 6.632571, 6.782925 ] }, { "date": "2025-02-07", "close": 6.24, "volume": 20165, "typical_volume": 12588.0, "trend": 6.973333, "fair_value": 7.062367, "relative_strength": -19.75417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.965363, "energy": 43.511041, "activity_lines": [ 6.390667, 6.471273, 6.583143, 6.730968 ] }, { "date": "2025-02-14", "close": 6.18, "volume": 18882, "typical_volume": 13116.15, "trend": 6.916, "fair_value": 7.036689, "relative_strength": -21.677278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.372815, "energy": 59.63276, "activity_lines": [ 6.286667, 6.411273, 6.532952, 6.679785 ] }, { "date": "2025-02-21", "close": 6.3, "volume": 16221, "typical_volume": 13455.25, "trend": 6.861333, "fair_value": 7.014694, "relative_strength": -19.742522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.653347, "energy": 60.31965, "activity_lines": [ 6.261333, 6.380727, 6.498571, 6.640043 ] }, { "date": "2025-02-28", "close": 6.22, "volume": 18907, "typical_volume": 14030.6, "trend": 6.808667, "fair_value": 6.989856, "relative_strength": -22.708581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.01331, "energy": 55.072602, "activity_lines": [ 6.237333, 6.339636, 6.460381, 6.598667 ] }, { "date": "2025-03-07", "close": 6.3, "volume": 17866, "typical_volume": 14349.45, "trend": 6.770667, "fair_value": 6.969027, "relative_strength": -20.853993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.093786, "energy": 39.164337, "activity_lines": [ 6.258667, 6.32, 6.433524, 6.565849 ] }, { "date": "2025-03-14", "close": 6.3, "volume": 19048, "typical_volume": 15100.2, "trend": 6.735333, "fair_value": 6.946159, "relative_strength": -19.046742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.184409, "energy": 32.895851, "activity_lines": [ 6.276, 6.3, 6.41, 6.535484 ] }, { "date": "2025-03-21", "close": 6.34, "volume": 34129, "typical_volume": 16295.9, "trend": 6.696667, "fair_value": 6.925004, "relative_strength": -20.377294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.154167, "energy": 24.387799, "activity_lines": [ 6.302667, 6.293455, 6.393714, 6.509978 ] }, { "date": "2025-03-28", "close": 6.58, "volume": 11299, "typical_volume": 16539.1, "trend": 6.67, "fair_value": 6.90189, "relative_strength": -16.920644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.893552, "energy": 13.170726, "activity_lines": [ 6.398667, 6.338182, 6.402952, 6.502452 ] }, { "date": "2025-04-04", "close": 6.14, "volume": 27098, "typical_volume": 17236.9, "trend": 6.631333, "fair_value": 6.878579, "relative_strength": -16.670164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.919136, "energy": 21.866732, "activity_lines": [ 6.329333, 6.305455, 6.371333, 6.468258 ] }, { "date": "2025-04-11", "close": 6.45, "volume": 41946, "typical_volume": 18627.4, "trend": 6.607667, "fair_value": 6.857254, "relative_strength": -11.258734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.48653, "energy": 12.995245, "activity_lines": [ 6.368667, 6.335636, 6.371619, 6.456559 ] }, { "date": "2025-04-18", "close": 6.15, "volume": 9039, "typical_volume": 18760.1, "trend": 6.57, "fair_value": 6.83459, "relative_strength": -19.165636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.265644, "energy": 22.521732, "activity_lines": [ 6.298, 6.307455, 6.344905, 6.427032 ] }, { "date": "2025-04-25", "close": 6.0, "volume": 38763, "typical_volume": 20270.3, "trend": 6.533333, "fair_value": 6.811839, "relative_strength": -23.384958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.594799, "energy": 35.096761, "activity_lines": [ 6.187333, 6.253636, 6.306524, 6.390258 ] }, { "date": "2025-05-02", "close": 5.9, "volume": 19978, "typical_volume": 20867.1, "trend": 6.493333, "fair_value": 6.788155, "relative_strength": -24.795926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.747521, "energy": 47.804458, "activity_lines": [ 6.066, 6.184909, 6.261476, 6.349398 ] }, { "date": "2025-05-09", "close": 6.05, "volume": 9233, "typical_volume": 20948.95, "trend": 6.461667, "fair_value": 6.765725, "relative_strength": -23.168613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.047082, "energy": 52.926248, "activity_lines": [ 6.04, 6.150727, 6.233667, 6.320796 ] }, { "date": "2025-05-16", "close": 6.1, "volume": 9731, "typical_volume": 20683.05, "trend": 6.431667, "fair_value": 6.745072, "relative_strength": -24.983855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.65929, "energy": 48.093999, "activity_lines": [ 6.036667, 6.128727, 6.213238, 6.297462 ] }, { "date": "2025-05-23", "close": 5.95, "volume": 7800, "typical_volume": 19551.15, "trend": 6.396, "fair_value": 6.725498, "relative_strength": -26.615022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.511388, "energy": 41.060192, "activity_lines": [ 6.006667, 6.083091, 6.179381, 6.266387 ] }, { "date": "2025-05-30", "close": 6.05, "volume": 39737, "typical_volume": 21060.75, "trend": 6.367667, "fair_value": 6.706448, "relative_strength": -25.221564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.575734, "energy": 28.671217, "activity_lines": [ 6.023333, 6.062, 6.158333, 6.244065 ] }, { "date": "2025-06-06", "close": 6.0, "volume": 10450, "typical_volume": 20511.25, "trend": 6.341, "fair_value": 6.68941, "relative_strength": -25.834957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.387065, "energy": 28.13498, "activity_lines": [ 6.02, 6.037091, 6.135905, 6.220344 ] }, { "date": "2025-06-13", "close": 6.05, "volume": 16324, "typical_volume": 20585.0, "trend": 6.321333, "fair_value": 6.671177, "relative_strength": -22.864529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.081402, "energy": 25.978455, "activity_lines": [ 6.026667, 6.031818, 6.121667, 6.20157 ] }, { "date": "2025-06-20", "close": 6.05, "volume": 32093, "typical_volume": 20935.45, "trend": 6.297, "fair_value": 6.655276, "relative_strength": -21.803573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.423463, "energy": 19.697858, "activity_lines": [ 6.033333, 6.028182, 6.109571, 6.184065 ] }, { "date": "2025-06-27", "close": 6.15, "volume": 18995, "typical_volume": 20876.95, "trend": 6.278667, "fair_value": 6.642814, "relative_strength": -20.416242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.621069, "energy": 15.777163, "activity_lines": [ 6.076667, 6.05, 6.107905, 6.174581 ] }, { "date": "2025-07-04", "close": 5.95, "volume": 26982, "typical_volume": 21281.95, "trend": 6.257, "fair_value": 6.631518, "relative_strength": -22.194225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.015015, "energy": 17.936358, "activity_lines": [ 6.04, 6.035455, 6.087619, 6.153376 ] }, { "date": "2025-07-11", "close": 6.15, "volume": 33080, "typical_volume": 22124.9, "trend": 6.244667, "fair_value": 6.621971, "relative_strength": -18.910167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.680526, "energy": 13.160232, "activity_lines": [ 6.076667, 6.058182, 6.087476, 6.146473 ] }, { "date": "2025-07-18", "close": 6.0, "volume": 5552, "typical_volume": 21457.15, "trend": 6.224667, "fair_value": 6.61496, "relative_strength": -19.967455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.885913, "energy": 15.337708, "activity_lines": [ 6.053333, 6.049091, 6.073762, 6.130688 ] }, { "date": "2025-07-25", "close": 6.05, "volume": 17153, "typical_volume": 21421.5, "trend": 6.217, "fair_value": 6.609086, "relative_strength": -19.885283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.260834, "energy": 17.057262, "activity_lines": [ 6.05, 6.05, 6.065857, 6.119419 ] }, { "date": "2025-08-01", "close": 6.05, "volume": 8013, "typical_volume": 20869.75, "trend": 6.197333, "fair_value": 6.607293, "relative_strength": -18.362533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.760865, "energy": 16.706702, "activity_lines": [ 6.046667, 6.051818, 6.059143, 6.108645 ] }, { "date": "2025-08-08", "close": 5.95, "volume": 20321, "typical_volume": 20179.35, "trend": 6.170333, "fair_value": 6.60241, "relative_strength": -22.648209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.60449, "energy": 22.656995, "activity_lines": [ 6.016667, 6.033636, 6.044095, 6.092688 ] }, { "date": "2025-08-15", "close": 5.9, "volume": 11578, "typical_volume": 20193.3, "trend": 6.143, "fair_value": 6.59744, "relative_strength": -24.771737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.481443, "energy": 28.718409, "activity_lines": [ 5.97, 6.008182, 6.026143, 6.075247 ] }, { "date": "2025-08-22", "close": 5.95, "volume": 5741, "typical_volume": 19125.45, "trend": 6.124667, "fair_value": 6.592557, "relative_strength": -23.929731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.235827, "energy": 31.388068, "activity_lines": [ 5.956667, 5.993636, 6.01619, 6.062796 ] }, { "date": "2025-08-29", "close": 5.9, "volume": 7135, "typical_volume": 17384.9, "trend": 6.113333, "fair_value": 6.58782, "relative_strength": -21.491127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.46945, "energy": 36.787548, "activity_lines": [ 5.93, 5.971818, 6.002381, 6.048301 ] }, { "date": "2025-09-05", "close": 5.9, "volume": 15125, "typical_volume": 17689.2, "trend": 6.102, "fair_value": 6.585298, "relative_strength": -20.261884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.588327, "energy": 35.462262, "activity_lines": [ 5.913333, 5.952727, 5.99119, 6.034538 ] }, { "date": "2025-09-12", "close": 5.9, "volume": 17138, "typical_volume": 16607.95, "trend": 6.092667, "fair_value": 6.585225, "relative_strength": -21.935732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.570012, "energy": 28.92414, "activity_lines": [ 5.906667, 5.938182, 5.98119, 6.021505 ] }, { "date": "2025-09-19", "close": 5.85, "volume": 13472, "typical_volume": 16282.65, "trend": 6.077667, "fair_value": 6.586697, "relative_strength": -21.635818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.08641, "energy": 32.38893, "activity_lines": [ 5.886667, 5.915455, 5.966905, 6.005849 ] }, { "date": "2025-09-26", "close": 5.9, "volume": 20334, "typical_volume": 16837.7, "trend": 6.067, "fair_value": 6.59222, "relative_strength": -20.777267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.398735, "energy": 27.35686, "activity_lines": [ 5.886667, 5.907273, 5.957619, 5.994387 ] }, { "date": "2025-10-03", "close": 5.6, "volume": 33638, "typical_volume": 18033.05, "trend": 6.043667, "fair_value": 6.594888, "relative_strength": -25.19771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.097103, "energy": 49.734107, "activity_lines": [ 5.79, 5.846364, 5.920476, 5.964258 ] }, { "date": "2025-10-10", "close": 5.7, "volume": 16761, "typical_volume": 18481.1, "trend": 6.023667, "fair_value": 6.597963, "relative_strength": -22.618359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.564719, "energy": 54.693276, "activity_lines": [ 5.746667, 5.811818, 5.895238, 5.942086 ] }, { "date": "2025-10-17", "close": 5.6, "volume": 27295, "typical_volume": 17859.0, "trend": 5.999, "fair_value": 6.597949, "relative_strength": -23.881749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.859646, "energy": 59.539096, "activity_lines": [ 5.683333, 5.765455, 5.861667, 5.914753 ] }, { "date": "2025-10-24", "close": 5.6, "volume": 13248, "typical_volume": 17998.9, "trend": 5.966333, "fair_value": 6.598402, "relative_strength": -24.387558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.638052, "energy": 65.242551, "activity_lines": [ 5.64, 5.725455, 5.830238, 5.889011 ] }, { "date": "2025-10-31", "close": 5.6, "volume": 16020, "typical_volume": 17983.7, "trend": 5.948333, "fair_value": 6.59932, "relative_strength": -24.468634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.859317, "energy": 56.679018, "activity_lines": [ 5.613333, 5.690909, 5.800714, 5.865376 ] }, { "date": "2025-11-07", "close": 5.5, "volume": 8668, "typical_volume": 16812.45, "trend": 5.916667, "fair_value": 6.598432, "relative_strength": -24.442503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.109742, "energy": 60.234566, "activity_lines": [ 5.573333, 5.644545, 5.76381, 5.836452 ] }, { "date": "2025-11-14", "close": 5.5, "volume": 7084, "typical_volume": 16216.9, "trend": 5.895, "fair_value": 6.597777, "relative_strength": -25.766903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.217548, "energy": 58.426231, "activity_lines": [ 5.54, 5.605455, 5.729524, 5.80957 ] }, { "date": "2025-11-21", "close": 5.15, "volume": 40561, "typical_volume": 16895.85, "trend": 5.866667, "fair_value": 6.594295, "relative_strength": -27.399796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.324954, "energy": 70.497391, "activity_lines": [ 5.403333, 5.51, 5.665, 5.761505 ] }, { "date": "2025-11-28", "close": 5.4, "volume": 334108, "typical_volume": 31947.25, "trend": 5.85, "fair_value": 6.591483, "relative_strength": -25.647926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.258753, "energy": 53.980144, "activity_lines": [ 5.38, 5.473636, 5.628095, 5.731398 ] }, { "date": "2025-12-05", "close": 5.2, "volume": 18544, "typical_volume": 32596.85, "trend": 5.821667, "fair_value": 6.588555, "relative_strength": -29.037999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.052854, "energy": 55.197403, "activity_lines": [ 5.303333, 5.409091, 5.575714, 5.689462 ] }, { "date": "2025-12-12", "close": 5.3, "volume": 38512, "typical_volume": 33664.8, "trend": 5.795, "fair_value": 6.58895, "relative_strength": -27.623444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.465193, "energy": 45.873882, "activity_lines": [ 5.286667, 5.375455, 5.536667, 5.655806 ] }, { "date": "2025-12-19", "close": 5.1, "volume": 6931, "typical_volume": 33610.7, "trend": 5.766667, "fair_value": 6.587946, "relative_strength": -30.780668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.304183, "energy": 47.909858, "activity_lines": [ 5.216667, 5.310909, 5.482143, 5.610968 ] }, { "date": "2025-12-26", "close": 5.05, "volume": 35504, "typical_volume": 34369.85, "trend": 5.733333, "fair_value": 6.588488, "relative_strength": -30.693552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.121761, "energy": 54.922312, "activity_lines": [ 5.156667, 5.248182, 5.427381, 5.564731 ] }, { "date": "2026-01-02", "close": 5.05, "volume": 37732, "typical_volume": 35677.55, "trend": 5.701667, "fair_value": 6.583082, "relative_strength": -31.081129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.949635, "energy": 57.181429, "activity_lines": [ 5.103333, 5.195455, 5.376905, 5.520645 ] }, { "date": "2026-01-09", "close": 5.05, "volume": 11244, "typical_volume": 35952.7, "trend": 5.668333, "fair_value": 6.574995, "relative_strength": -30.768996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.397532, "energy": 61.04335, "activity_lines": [ 5.073333, 5.152727, 5.330476, 5.478602 ] }, { "date": "2026-01-16", "close": 4.96, "volume": 13777, "typical_volume": 36284.8, "trend": 5.632, "fair_value": 6.557937, "relative_strength": -31.333472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.185553, "energy": 58.585776, "activity_lines": [ 5.023333, 5.103636, 5.279762, 5.432903 ] }, { "date": "2026-01-23", "close": 5.1, "volume": 141407, "typical_volume": 42598.9, "trend": 5.597, "fair_value": 6.543174, "relative_strength": -27.868976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.091877, "energy": 44.451429, "activity_lines": [ 5.042667, 5.089818, 5.246857, 5.398581 ] }, { "date": "2026-01-30", "close": 5.6, "volume": 281460, "typical_volume": 55815.0, "trend": 5.585333, "fair_value": 6.531151, "relative_strength": -21.571854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.220503, "energy": 16.51735, "activity_lines": [ 5.228667, 5.174182, 5.265381, 5.398774 ] }, { "date": "2026-02-06", "close": 5.7, "volume": 12069, "typical_volume": 55744.85, "trend": 5.570333, "fair_value": 6.518952, "relative_strength": -19.776341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.899703, "energy": 12.814555, "activity_lines": [ 5.411333, 5.268545, 5.294857, 5.406172 ] }, { "date": "2026-02-13", "close": 5.55, "volume": 25545, "typical_volume": 56005.4, "trend": 5.555333, "fair_value": 6.503227, "relative_strength": -20.057459, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.190202, "energy": 17.260319, "activity_lines": [ 5.500667, 5.330182, 5.310762, 5.40486 ] }, { "date": "2026-02-20", "close": 5.45, "volume": 14691, "typical_volume": 55058.05, "trend": 5.535333, "fair_value": 6.48896, "relative_strength": -23.011129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.273904, "energy": 19.487311, "activity_lines": [ 5.523333, 5.367273, 5.31881, 5.398065 ] }, { "date": "2026-02-27", "close": 5.25, "volume": 30596, "typical_volume": 55749.8, "trend": 5.508667, "fair_value": 6.473993, "relative_strength": -25.883084, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.224032, "energy": 15.527583, "activity_lines": [ 5.446667, 5.365273, 5.308524, 5.379656 ] }, { "date": "2026-03-06", "close": 5.25, "volume": 29176, "typical_volume": 55843.85, "trend": 5.485333, "fair_value": 6.462174, "relative_strength": -19.627017, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.483513, "energy": 11.131981, "activity_lines": [ 5.36, 5.360545, 5.300381, 5.362968 ] }, { "date": "2026-03-13", "close": 5.25, "volume": 5155, "typical_volume": 55439.2, "trend": 5.463667, "fair_value": 6.450822, "relative_strength": -18.835054, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.424793, "energy": 18.150634, "activity_lines": [ 5.296667, 5.352182, 5.293905, 5.347785 ] }, { "date": "2026-03-20", "close": 5.1, "volume": 8776, "typical_volume": 55077.0, "trend": 5.435333, "fair_value": 6.439908, "relative_strength": -18.826216, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.230168, "energy": 27.228941, "activity_lines": [ 5.213333, 5.312909, 5.27481, 5.324323 ] }, { "date": "2026-03-27", "close": 5.15, "volume": 22279, "typical_volume": 55757.55, "trend": 5.410333, "fair_value": 6.427448, "relative_strength": -17.670766, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.922048, "energy": 26.177977, "activity_lines": [ 5.176667, 5.281818, 5.262857, 5.305914 ] }, { "date": "2026-04-03", "close": 5.1, "volume": 306862, "typical_volume": 70746.45, "trend": 5.383667, "fair_value": 6.415135, "relative_strength": -21.138746, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.385259, "energy": 39.259777, "activity_lines": [ 5.143333, 5.238182, 5.24781, 5.285892 ] }, { "date": "2026-04-10", "close": 5.3, "volume": 19335, "typical_volume": 69685.15, "trend": 5.363667, "fair_value": 6.406435, "relative_strength": -19.988392, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.783595, "energy": 27.807875, "activity_lines": [ 5.186667, 5.230909, 5.253714, 5.280495 ] }, { "date": "2026-04-17", "close": 5.44, "volume": 12952, "typical_volume": 53627.35, "trend": 5.35, "fair_value": 6.398982, "relative_strength": -18.335219, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.319432, "energy": 8.955681, "activity_lines": [ 5.273333, 5.254545, 5.272238, 5.285419 ] }, { "date": "2026-04-24", "close": 5.42, "volume": 35896, "typical_volume": 54494.95, "trend": 5.334, "fair_value": 6.391052, "relative_strength": -14.334207, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.412028, "energy": 5.288256, "activity_lines": [ 5.340667, 5.279273, 5.288667, 5.289935 ] }, { "date": "2026-05-01", "close": 5.44, "volume": 317225, "typical_volume": 68430.6, "trend": 5.328667, "fair_value": 6.384066, "relative_strength": -13.836433, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.620334, "energy": 18.416742, "activity_lines": [ 5.393333, 5.31, 5.305952, 5.296774 ] }, { "date": "2026-05-08", "close": 5.4, "volume": 4381, "typical_volume": 68303.1, "trend": 5.318667, "fair_value": 6.377056, "relative_strength": -14.317675, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.035802, "energy": 24.769168, "activity_lines": [ 5.413333, 5.333636, 5.318762, 5.301376 ] }, { "date": "2026-05-15", "close": 5.36, "volume": 9034, "typical_volume": 66979.6, "trend": 5.310667, "fair_value": 6.366759, "relative_strength": -13.050303, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.264491, "energy": 27.035849, "activity_lines": [ 5.4, 5.347273, 5.326333, 5.304043 ] }, { "date": "2026-05-22", "close": 5.5, "volume": 6166, "typical_volume": 65401.3, "trend": 5.307333, "fair_value": 6.357243, "relative_strength": -12.016641, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.000401, "energy": 38.684534, "activity_lines": [ 5.429333, 5.384364, 5.345762, 5.316258 ] }, { "date": "2026-05-29", "close": 5.44, "volume": 9723, "typical_volume": 65325.25, "trend": 5.302, "fair_value": 6.346059, "relative_strength": -14.142469, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.353496, "energy": 30.737022, "activity_lines": [ 5.434667, 5.406, 5.357333, 5.324817 ] }, { "date": "2026-06-05", "close": 5.58, "volume": 1858, "typical_volume": 64729.3, "trend": 5.304667, "fair_value": 6.335074, "relative_strength": -11.268121, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.84074, "energy": 40.676892, "activity_lines": [ 5.485333, 5.446909, 5.380381, 5.342753 ] }, { "date": "2026-06-12", "close": 5.68, "volume": 186, "typical_volume": 57668.25, "trend": 5.310667, "fair_value": 6.323913, "relative_strength": -11.037326, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.048493, "energy": 57.67857, "activity_lines": [ 5.56, 5.498182, 5.41, 5.366968 ] }, { "date": "2026-06-19", "close": 5.68, "volume": 1610, "typical_volume": 43675.75, "trend": 5.328333, "fair_value": 6.313685, "relative_strength": -13.013874, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.029632, "energy": 62.676951, "activity_lines": [ 5.616, 5.538909, 5.436857, 5.390796 ] }, { "date": "2026-06-26", "close": 5.6, "volume": 3881, "typical_volume": 43266.35, "trend": 5.335, "fair_value": 6.302361, "relative_strength": -13.836815, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.528885, "energy": 62.913812, "activity_lines": [ 5.624, 5.558182, 5.455714, 5.408323 ] }, { "date": "2026-07-03", "close": 5.62, "volume": 1084, "typical_volume": 42043.3, "trend": 5.349, "fair_value": 6.290815, "relative_strength": -14.689525, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.908596, "energy": 59.707501, "activity_lines": [ 5.632, 5.578182, 5.476952, 5.42671 ] }, { "date": "2026-07-10", "close": 5.56, "volume": 8769, "typical_volume": 41747.2, "trend": 5.357667, "fair_value": 6.277437, "relative_strength": -12.794922, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.53126, "energy": 39.810932, "activity_lines": [ 5.608, 5.583636, 5.492143, 5.440323 ] }, { "date": "2026-07-17", "close": 5.64, "volume": 4811, "typical_volume": 40457.95, "trend": 5.375667, "fair_value": 6.267384, "relative_strength": -10.05561, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.390795, "energy": 34.308451, "activity_lines": [ 5.612, 5.601455, 5.514429, 5.458538 ] }, { "date": "2026-07-24", "close": 5.66, "volume": 13921, "typical_volume": 39695.2, "trend": 5.396, "fair_value": 6.25538, "relative_strength": -10.719633, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.056038, "energy": 34.575909, "activity_lines": [ 5.625333, 5.618545, 5.536762, 5.476882 ] }, { "date": "2026-07-31", "close": 5.58, "volume": 15199, "typical_volume": 40197.4, "trend": 5.413667, "fair_value": 6.244086, "relative_strength": -12.096719, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.885412, "energy": 30.202011, "activity_lines": [ 5.613333, 5.615636, 5.549524, 5.488753 ] }, { "date": "2026-08-07", "close": 5.66, "volume": 8518, "typical_volume": 40184.5, "trend": 5.434, "fair_value": 6.233916, "relative_strength": -11.936006, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.408118, "energy": 37.145371, "activity_lines": [ 5.629333, 5.625818, 5.568333, 5.504645 ] } ], "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." } } }