{ "ticker": { "uuid": "898c14ec-bd6d-4918-bbc6-2c92f41b6615", "symbol": "1221", "name": "Sino Hotels (Holdings) Limited", "exchange": "HKG", "country": "HK", "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": "2026-09-11", "benchmark": "^HSI", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 48.291, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -39.42, "architecture_energy": 20.877, "architecture_maturity": 44.104, "architecture_confidence": 66.246, "architecture_tenure": "Developing", "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": 35.5, "rotation_up": 26.17, "upward_expansion": 20.06, "deceleration": 43.15, "rotation_down": 35.98, "downward_expansion": 58.73 }, "activity_lines": [ 1.571333, 1.568455, 1.577643, 1.600979 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 1.56, "trend_reference": 1.638694, "distance_from_trend": -0.048022, "trend_direction": "Improving", "fair_value": 1.493934, "distance_from_fair_value": 0.044223, "fair_value_direction": "Weakening", "relative_strength": 2.497796, "relative_strength_direction": "Weakening", "price_momentum": -0.133333, "excess_performance": -0.107417, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.048022, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.010499, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.044223, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.015959, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.024978, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.058506, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.133333, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.374071, "read": "Demand-led" } ], "volume": { "latest": 8000, "relative_activity": 1.018758, "balance": 1.374071, "dry_up": 1.443835, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.041667, "annualized_volatility": 0.300982, "from_high_reference": -0.172124, "from_low_reference": 0.167677 }, "levels": { "trend_reference": 1.638694, "fair_value_reference": 1.493934, "structural_low": 1.49, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 34, "median_return": -0.002907, "positive_rate": 0.470588, "directional_follow_through": 0.5, "median_excess_return": 0.01484, "regime_survival": 0.852941, "best_return": 0.148851, "worst_return": -0.145078, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.051554, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.027277, "regime_survival": 0.666667, "best_return": 0.260116, "worst_return": -0.090909, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.06383, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.079536, "regime_survival": 0.428571, "best_return": 0.147369, "worst_return": -0.139394, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.108814, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.037547, "regime_survival": 0.75, "best_return": 0.035748, "worst_return": -0.218107, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-07-07", "end": "2023-12-15", "tenure": "Established", "return": -0.06383, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-22", "end": "2024-03-08", "tenure": "Developing", "return": -0.113636, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-15", "end": "2024-10-18", "tenure": "Extended", "return": -0.127272, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2025-05-02", "tenure": "Extended", "return": -0.096992, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.059259, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-25", "tenure": "Developing", "return": 0.035714, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-09-05", "tenure": "Developing", "return": -0.066666, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-10-17", "tenure": "Developing", "return": 0.10072, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2026-01-30", "tenure": "Established", "return": -0.0625, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": 0.066667, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-04-10", "tenure": "Developing", "return": -0.009912, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-17", "end": "2026-06-19", "tenure": "Developing", "return": -0.04878, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-26", "end": "2026-07-31", "tenure": "Developing", "return": 0.006494, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-09-11", "tenure": "Developing", "return": 0.006452, "active": true } ], "chart_path": [ { "date": "2023-09-22", "close": 1.63746, "volume": 48446, "typical_volume": 34122.1, "trend": 1.874511, "fair_value": 2.064218, "relative_strength": -6.147619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.167031, "energy": 59.488818, "activity_lines": [ 1.660308, 1.693888, 1.736107, 1.78968 ] }, { "date": "2023-09-29", "close": 1.63746, "volume": 85061, "typical_volume": 38375.15, "trend": 1.85674, "fair_value": 2.060373, "relative_strength": -4.382465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.628687, "energy": 42.684805, "activity_lines": [ 1.64825, 1.678137, 1.722824, 1.774386 ] }, { "date": "2023-10-06", "close": 1.63746, "volume": 0, "typical_volume": 38275.15, "trend": 1.839921, "fair_value": 2.056528, "relative_strength": -2.481669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.43255, "energy": 39.987591, "activity_lines": [ 1.64698, 1.664116, 1.711218, 1.760239 ] }, { "date": "2023-10-13", "close": 1.63746, "volume": 0, "typical_volume": 38275.15, "trend": 1.827862, "fair_value": 2.052684, "relative_strength": -4.044581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.023806, "energy": 40.899999, "activity_lines": [ 1.641268, 1.654077, 1.700882, 1.747177 ] }, { "date": "2023-10-20", "close": 1.6089, "volume": 7473, "typical_volume": 36684.15, "trend": 1.810091, "fair_value": 2.048656, "relative_strength": -1.972248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.474462, "energy": 40.568251, "activity_lines": [ 1.62794, 1.64248, 1.689095, 1.73305 ] }, { "date": "2023-10-27", "close": 1.62794, "volume": 5353, "typical_volume": 33218.55, "trend": 1.792955, "fair_value": 2.044811, "relative_strength": -1.686862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.345563, "energy": 36.631409, "activity_lines": [ 1.626671, 1.637287, 1.680119, 1.721299 ] }, { "date": "2023-11-03", "close": 1.63746, "volume": 19957, "typical_volume": 30092.0, "trend": 1.776136, "fair_value": 2.040906, "relative_strength": -2.416043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.178925, "energy": 32.749753, "activity_lines": [ 1.629209, 1.634691, 1.672685, 1.711267 ] }, { "date": "2023-11-10", "close": 1.694581, "volume": 172000, "typical_volume": 36692.0, "trend": 1.766299, "fair_value": 2.036695, "relative_strength": 3.621213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.021808, "energy": 22.687008, "activity_lines": [ 1.650788, 1.645422, 1.671279, 1.706005 ] }, { "date": "2023-11-17", "close": 1.67554, "volume": 10000, "typical_volume": 37192.0, "trend": 1.755827, "fair_value": 2.03224, "relative_strength": 0.76358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.728531, "energy": 17.168695, "activity_lines": [ 1.662212, 1.650442, 1.668514, 1.70015 ] }, { "date": "2023-11-24", "close": 1.63746, "volume": 12406, "typical_volume": 37712.3, "trend": 1.744085, "fair_value": 2.027541, "relative_strength": -2.182272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.065866, "energy": 17.368662, "activity_lines": [ 1.658404, 1.648365, 1.662666, 1.692513 ] }, { "date": "2023-12-01", "close": 1.63746, "volume": 64000, "typical_volume": 40096.65, "trend": 1.732344, "fair_value": 2.022842, "relative_strength": 1.85787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.874547, "energy": 18.119128, "activity_lines": [ 1.652692, 1.647326, 1.657543, 1.685634 ] }, { "date": "2023-12-08", "close": 1.59938, "volume": 38871, "typical_volume": 41940.2, "trend": 1.719333, "fair_value": 2.018204, "relative_strength": 2.227324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.403289, "energy": 36.700631, "activity_lines": [ 1.633652, 1.639364, 1.649519, 1.677056 ] }, { "date": "2023-12-15", "close": 1.67554, "volume": 0, "typical_volume": 41340.2, "trend": 1.711717, "fair_value": 2.013688, "relative_strength": 3.931676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.927984, "energy": 27.080564, "activity_lines": [ 1.642537, 1.645942, 1.649383, 1.67423 ] }, { "date": "2023-12-22", "close": 1.67554, "volume": 0, "typical_volume": 39840.2, "trend": 1.704101, "fair_value": 2.009172, "relative_strength": 6.504218, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.366886, "energy": 14.915833, "activity_lines": [ 1.652692, 1.651827, 1.650108, 1.671896 ] }, { "date": "2023-12-29", "close": 1.61842, "volume": 28569, "typical_volume": 38804.95, "trend": 1.697437, "fair_value": 2.003313, "relative_strength": -1.527904, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.309449, "energy": 22.423826, "activity_lines": [ 1.643807, 1.646634, 1.646164, 1.666368 ] }, { "date": "2024-01-05", "close": 1.67554, "volume": 6000, "typical_volume": 38604.95, "trend": 1.694581, "fair_value": 1.998797, "relative_strength": 4.787696, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.246481, "energy": 9.155796, "activity_lines": [ 1.655231, 1.651653, 1.648385, 1.664956 ] }, { "date": "2024-01-12", "close": 1.694581, "volume": 24279, "typical_volume": 39092.95, "trend": 1.692359, "fair_value": 1.994464, "relative_strength": 7.667166, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.766998, "energy": 7.179385, "activity_lines": [ 1.670463, 1.65927, 1.65242, 1.664956 ] }, { "date": "2024-01-19", "close": 1.713621, "volume": 0, "typical_volume": 30394.8, "trend": 1.689821, "fair_value": 1.990254, "relative_strength": 15.087124, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.975412, "energy": 11.809197, "activity_lines": [ 1.685695, 1.669309, 1.658767, 1.666327 ] }, { "date": "2024-01-26", "close": 1.694581, "volume": 0, "typical_volume": 30394.8, "trend": 1.686647, "fair_value": 1.985982, "relative_strength": 8.899431, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.846658, "energy": 23.626173, "activity_lines": [ 1.692042, 1.67554, 1.66262, 1.666635 ] }, { "date": "2024-02-02", "close": 1.61842, "volume": 10267, "typical_volume": 26634.1, "trend": 1.680935, "fair_value": 1.981222, "relative_strength": 6.632245, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.842046, "energy": 14.070015, "activity_lines": [ 1.671733, 1.667578, 1.659084, 1.662233 ] }, { "date": "2024-02-09", "close": 1.63746, "volume": 13664, "typical_volume": 24895.0, "trend": 1.675858, "fair_value": 1.976645, "relative_strength": 6.300684, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.862291, "energy": 12.996546, "activity_lines": [ 1.65777, 1.663424, 1.657724, 1.659428 ] }, { "date": "2024-02-16", "close": 1.63746, "volume": 0, "typical_volume": 20641.95, "trend": 1.672684, "fair_value": 1.972068, "relative_strength": 2.411701, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.092584, "energy": 21.409987, "activity_lines": [ 1.646346, 1.65927, 1.656364, 1.656951 ] }, { "date": "2024-02-23", "close": 1.64698, "volume": 43932, "typical_volume": 22838.55, "trend": 1.665703, "fair_value": 1.966636, "relative_strength": 0.80047, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.640659, "energy": 20.303063, "activity_lines": [ 1.641903, 1.656154, 1.655911, 1.655292 ] }, { "date": "2024-03-01", "close": 1.61842, "volume": 116000, "typical_volume": 28638.55, "trend": 1.658404, "fair_value": 1.961022, "relative_strength": 0.024125, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.429515, "energy": 32.006436, "activity_lines": [ 1.632383, 1.648365, 1.652692, 1.652242 ] }, { "date": "2024-03-08", "close": 1.485138, "volume": 29352, "typical_volume": 29732.5, "trend": 1.648884, "fair_value": 1.955286, "relative_strength": -6.51863, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -82.464763, "energy": 69.088927, "activity_lines": [ 1.583513, 1.617381, 1.636871, 1.641063 ] }, { "date": "2024-03-15", "close": 1.58607, "volume": 12347, "typical_volume": 30082.2, "trend": 1.645902, "fair_value": 1.950623, "relative_strength": -2.21317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.088102, "energy": 58.866593, "activity_lines": [ 1.577172, 1.607172, 1.631251, 1.637011 ] }, { "date": "2024-03-22", "close": 1.441882, "volume": 4000, "typical_volume": 29284.35, "trend": 1.633988, "fair_value": 1.944915, "relative_strength": -9.548284, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.115315, "energy": 76.525711, "activity_lines": [ 1.526195, 1.572374, 1.612099, 1.623848 ] }, { "date": "2024-03-29", "close": 1.489944, "volume": 2000, "typical_volume": 20784.35, "trend": 1.631292, "fair_value": 1.939514, "relative_strength": -6.492476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.277711, "energy": 77.649607, "activity_lines": [ 1.504277, 1.550908, 1.598455, 1.614555 ] }, { "date": "2024-04-05", "close": 1.470719, "volume": 23160, "typical_volume": 21442.35, "trend": 1.624782, "fair_value": 1.93399, "relative_strength": -8.387735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.473236, "energy": 75.583877, "activity_lines": [ 1.48642, 1.530015, 1.583955, 1.604196 ] }, { "date": "2024-04-12", "close": 1.432269, "volume": 8052, "typical_volume": 21224.65, "trend": 1.616038, "fair_value": 1.928281, "relative_strength": -10.561351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.661395, "energy": 80.913105, "activity_lines": [ 1.465592, 1.5062, 1.566768, 1.591775 ] }, { "date": "2024-04-19", "close": 1.432269, "volume": 14000, "typical_volume": 18724.65, "trend": 1.609198, "fair_value": 1.922633, "relative_strength": -7.61761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.098785, "energy": 76.03881, "activity_lines": [ 1.44829, 1.48577, 1.550558, 1.579919 ] }, { "date": "2024-04-26", "close": 1.470719, "volume": 0, "typical_volume": 16781.1, "trend": 1.60364, "fair_value": 1.916682, "relative_strength": -12.512864, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.437916, "energy": 61.796732, "activity_lines": [ 1.454057, 1.476062, 1.538987, 1.570985 ] }, { "date": "2024-05-03", "close": 1.461107, "volume": 5033, "typical_volume": 17032.75, "trend": 1.597762, "fair_value": 1.910791, "relative_strength": -16.625187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.228931, "energy": 63.104807, "activity_lines": [ 1.454698, 1.467637, 1.527114, 1.561789 ] }, { "date": "2024-05-10", "close": 1.374594, "volume": 0, "typical_volume": 17032.75, "trend": 1.589, "fair_value": 1.904346, "relative_strength": -23.129099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.956246, "energy": 66.642608, "activity_lines": [ 1.428424, 1.446863, 1.508022, 1.547391 ] }, { "date": "2024-05-17", "close": 1.441882, "volume": 5668, "typical_volume": 15887.7, "trend": 1.583433, "fair_value": 1.898394, "relative_strength": -21.411819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.140478, "energy": 47.433025, "activity_lines": [ 1.430988, 1.442756, 1.496772, 1.5379 ] }, { "date": "2024-05-24", "close": 1.432269, "volume": 17305, "typical_volume": 16452.95, "trend": 1.57691, "fair_value": 1.892379, "relative_strength": -17.557263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.654042, "energy": 46.529656, "activity_lines": [ 1.429706, 1.437687, 1.485447, 1.528148 ] }, { "date": "2024-05-31", "close": 1.393819, "volume": 3869, "typical_volume": 15432.45, "trend": 1.568789, "fair_value": 1.886118, "relative_strength": -17.099448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.975429, "energy": 50.231687, "activity_lines": [ 1.415607, 1.428424, 1.471618, 1.516335 ] }, { "date": "2024-06-07", "close": 1.441882, "volume": 45235, "typical_volume": 17694.2, "trend": 1.560366, "fair_value": 1.880166, "relative_strength": -15.366691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.416519, "energy": 41.564635, "activity_lines": [ 1.422657, 1.428774, 1.463799, 1.508148 ] }, { "date": "2024-06-14", "close": 1.441882, "volume": 0, "typical_volume": 17694.2, "trend": 1.552577, "fair_value": 1.874274, "relative_strength": -13.225847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.86987, "energy": 37.419918, "activity_lines": [ 1.430988, 1.429997, 1.457274, 1.500504 ] }, { "date": "2024-06-21", "close": 1.451494, "volume": 0, "typical_volume": 17180.85, "trend": 1.546378, "fair_value": 1.868627, "relative_strength": -12.809912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.147607, "energy": 34.75, "activity_lines": [ 1.438037, 1.433493, 1.452868, 1.493982 ] }, { "date": "2024-06-28", "close": 1.461107, "volume": 9328, "typical_volume": 16964.05, "trend": 1.5405, "fair_value": 1.863041, "relative_strength": -10.470747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.751954, "energy": 22.227178, "activity_lines": [ 1.447649, 1.438386, 1.450172, 1.488481 ] }, { "date": "2024-07-05", "close": 1.451494, "volume": 16300, "typical_volume": 17779.05, "trend": 1.53557, "fair_value": 1.857517, "relative_strength": -11.169512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.625987, "energy": 19.569327, "activity_lines": [ 1.452135, 1.441008, 1.447401, 1.482738 ] }, { "date": "2024-07-12", "close": 1.441882, "volume": 2000, "typical_volume": 15682.45, "trend": 1.527781, "fair_value": 1.851869, "relative_strength": -13.898397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.469841, "energy": 19.619822, "activity_lines": [ 1.449572, 1.442231, 1.444599, 1.476694 ] }, { "date": "2024-07-19", "close": 1.441882, "volume": 39770, "typical_volume": 11870.95, "trend": 1.519993, "fair_value": 1.84616, "relative_strength": -9.416314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.709618, "energy": 17.167522, "activity_lines": [ 1.447009, 1.443804, 1.442774, 1.471152 ] }, { "date": "2024-07-26", "close": 1.489944, "volume": 12662, "typical_volume": 11036.45, "trend": 1.51571, "fair_value": 1.840821, "relative_strength": -4.102663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.769172, "energy": 8.07328, "activity_lines": [ 1.460466, 1.452892, 1.446368, 1.469213 ] }, { "date": "2024-08-02", "close": 1.422657, "volume": 7870, "typical_volume": 10812.6, "trend": 1.507281, "fair_value": 1.835111, "relative_strength": -7.828128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.83144, "energy": 16.632282, "activity_lines": [ 1.448931, 1.448873, 1.44353, 1.46321 ] }, { "date": "2024-08-09", "close": 1.422657, "volume": 4000, "typical_volume": 10812.6, "trend": 1.498217, "fair_value": 1.829401, "relative_strength": -8.423307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.584859, "energy": 22.592572, "activity_lines": [ 1.439959, 1.445028, 1.44147, 1.45775 ] }, { "date": "2024-08-16", "close": 1.345756, "volume": 0, "typical_volume": 10712.6, "trend": 1.485955, "fair_value": 1.823198, "relative_strength": -14.771993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.506144, "energy": 54.176168, "activity_lines": [ 1.407277, 1.426676, 1.432178, 1.447914 ] }, { "date": "2024-08-23", "close": 1.345756, "volume": 0, "typical_volume": 9554.6, "trend": 1.474327, "fair_value": 1.817057, "relative_strength": -15.240541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.307651, "energy": 80.651167, "activity_lines": [ 1.381002, 1.410073, 1.423572, 1.438869 ] }, { "date": "2024-08-30", "close": 1.345756, "volume": 0, "typical_volume": 9152.0, "trend": 1.465238, "fair_value": 1.810976, "relative_strength": -16.827869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.628835, "energy": 85.244637, "activity_lines": [ 1.361136, 1.395217, 1.415562, 1.430574 ] }, { "date": "2024-09-06", "close": 1.422657, "volume": 2000, "typical_volume": 8552.0, "trend": 1.458078, "fair_value": 1.805449, "relative_strength": -9.135536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.278442, "energy": 74.39034, "activity_lines": [ 1.376516, 1.396266, 1.415287, 1.427827 ] }, { "date": "2024-09-13", "close": 1.364981, "volume": 0, "typical_volume": 8552.0, "trend": 1.448996, "fair_value": 1.799553, "relative_strength": -12.166827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.893322, "energy": 61.151367, "activity_lines": [ 1.372671, 1.387527, 1.409565, 1.421821 ] }, { "date": "2024-09-20", "close": 1.364981, "volume": 8000, "typical_volume": 8700.35, "trend": 1.439596, "fair_value": 1.79445, "relative_strength": -16.158764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.596013, "energy": 43.630805, "activity_lines": [ 1.372671, 1.380361, 1.404347, 1.4164 ] }, { "date": "2024-09-27", "close": 1.268856, "volume": 31522, "typical_volume": 10276.45, "trend": 1.427944, "fair_value": 1.789219, "relative_strength": -30.573794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.9529, "energy": 57.583779, "activity_lines": [ 1.339348, 1.357116, 1.390432, 1.405385 ] }, { "date": "2024-10-04", "close": 1.441882, "volume": 122775, "typical_volume": 16131.8, "trend": 1.426502, "fair_value": 1.785158, "relative_strength": -27.936185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.403859, "energy": 25.433727, "activity_lines": [ 1.368826, 1.368477, 1.393499, 1.406284 ] }, { "date": "2024-10-11", "close": 1.336144, "volume": 5451, "typical_volume": 15539.1, "trend": 1.418171, "fair_value": 1.78048, "relative_strength": -28.098492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.733573, "energy": 34.694868, "activity_lines": [ 1.356651, 1.361486, 1.386495, 1.400455 ] }, { "date": "2024-10-18", "close": 1.384207, "volume": 0, "typical_volume": 15345.65, "trend": 1.416248, "fair_value": 1.77611, "relative_strength": -23.451318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.677862, "energy": 23.719892, "activity_lines": [ 1.366263, 1.364807, 1.384527, 1.398264 ] }, { "date": "2024-10-25", "close": 1.457727, "volume": 18516, "typical_volume": 14009.7, "trend": 1.415174, "fair_value": 1.771968, "relative_strength": -18.135454, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.492432, "energy": 13.211007, "activity_lines": [ 1.399101, 1.382194, 1.389606, 1.40094 ] }, { "date": "2024-11-01", "close": 1.282799, "volume": 39016, "typical_volume": 15960.5, "trend": 1.40891, "fair_value": 1.766704, "relative_strength": -27.176986, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.944542, "energy": 24.809388, "activity_lines": [ 1.367446, 1.36574, 1.377951, 1.392399 ] }, { "date": "2024-11-08", "close": 1.341108, "volume": 80695, "typical_volume": 19995.25, "trend": 1.405872, "fair_value": 1.761814, "relative_strength": -24.107026, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.488878, "energy": 22.047757, "activity_lines": [ 1.354298, 1.361033, 1.372606, 1.388025 ] }, { "date": "2024-11-15", "close": 1.360545, "volume": 25063, "typical_volume": 20782.0, "trend": 1.403481, "fair_value": 1.757049, "relative_strength": -17.363513, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.357199, "energy": 22.204959, "activity_lines": [ 1.354348, 1.359944, 1.369637, 1.385101 ] }, { "date": "2024-11-22", "close": 1.360545, "volume": 0, "typical_volume": 19967.0, "trend": 1.399808, "fair_value": 1.752283, "relative_strength": -16.09125, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.096092, "energy": 30.667391, "activity_lines": [ 1.35277, 1.359984, 1.367148, 1.382331 ] }, { "date": "2024-11-29", "close": 1.360545, "volume": 239852, "typical_volume": 31859.6, "trend": 1.396456, "fair_value": 1.747884, "relative_strength": -16.408308, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.275667, "energy": 21.192198, "activity_lines": [ 1.35277, 1.360105, 1.365092, 1.379797 ] }, { "date": "2024-12-06", "close": 1.360545, "volume": 0, "typical_volume": 29871.1, "trend": 1.395988, "fair_value": 1.743058, "relative_strength": -17.713429, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.571704, "energy": 17.808984, "activity_lines": [ 1.359249, 1.360307, 1.363423, 1.377481 ] }, { "date": "2024-12-13", "close": 1.321672, "volume": 7417, "typical_volume": 29608.85, "trend": 1.391981, "fair_value": 1.737982, "relative_strength": -19.864144, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.621988, "energy": 23.609602, "activity_lines": [ 1.347587, 1.351774, 1.358439, 1.372686 ] }, { "date": "2024-12-20", "close": 1.292518, "volume": 0, "typical_volume": 29215.35, "trend": 1.387323, "fair_value": 1.732292, "relative_strength": -19.946474, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.105683, "energy": 35.02075, "activity_lines": [ 1.327503, 1.340125, 1.35148, 1.366269 ] }, { "date": "2024-12-27", "close": 1.360545, "volume": 109020, "typical_volume": 34466.35, "trend": 1.386214, "fair_value": 1.727039, "relative_strength": -16.75189, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.607946, "energy": 27.414058, "activity_lines": [ 1.33463, 1.341639, 1.351619, 1.364541 ] }, { "date": "2025-01-03", "close": 1.448008, "volume": 9581, "typical_volume": 34945.4, "trend": 1.386418, "fair_value": 1.722346, "relative_strength": -9.318415, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.637841, "energy": 4.393412, "activity_lines": [ 1.370911, 1.359485, 1.360384, 1.368528 ] }, { "date": "2025-01-10", "close": 1.399418, "volume": 4613, "typical_volume": 35176.05, "trend": 1.385002, "fair_value": 1.717708, "relative_strength": -8.488759, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.63406, "energy": 11.420832, "activity_lines": [ 1.385164, 1.368673, 1.364034, 1.369367 ] }, { "date": "2025-01-17", "close": 1.399418, "volume": 0, "typical_volume": 35176.05, "trend": 1.383266, "fair_value": 1.713252, "relative_strength": -10.044503, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.223483, "energy": 19.916717, "activity_lines": [ 1.396826, 1.375741, 1.367429, 1.370297 ] }, { "date": "2025-01-24", "close": 1.311954, "volume": 5327, "typical_volume": 35342.4, "trend": 1.378295, "fair_value": 1.708847, "relative_strength": -16.870973, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.981877, "energy": 18.79621, "activity_lines": [ 1.37415, 1.365846, 1.362239, 1.365696 ] }, { "date": "2025-01-31", "close": 1.311954, "volume": 7815, "typical_volume": 35733.15, "trend": 1.373643, "fair_value": 1.704441, "relative_strength": -16.723513, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.416894, "energy": 27.068377, "activity_lines": [ 1.350179, 1.356834, 1.357575, 1.361416 ] }, { "date": "2025-02-07", "close": 1.409136, "volume": 0, "typical_volume": 35333.15, "trend": 1.372552, "fair_value": 1.700659, "relative_strength": -13.603863, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.02733, "energy": 8.454489, "activity_lines": [ 1.361841, 1.366376, 1.36242, 1.363706 ] }, { "date": "2025-02-14", "close": 1.360545, "volume": 22680, "typical_volume": 34891.05, "trend": 1.369841, "fair_value": 1.695222, "relative_strength": -21.279996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.04948, "energy": 18.383813, "activity_lines": [ 1.359897, 1.366199, 1.362426, 1.362931 ] }, { "date": "2025-02-21", "close": 1.292518, "volume": 0, "typical_volume": 28752.3, "trend": 1.36326, "fair_value": 1.68941, "relative_strength": -27.151599, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.227668, "energy": 36.58122, "activity_lines": [ 1.337869, 1.353654, 1.355517, 1.357943 ] }, { "date": "2025-02-28", "close": 1.360545, "volume": 52015, "typical_volume": 31080.5, "trend": 1.361189, "fair_value": 1.684706, "relative_strength": -20.752481, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.788466, "energy": 16.413762, "activity_lines": [ 1.345644, 1.354007, 1.355799, 1.357768 ] }, { "date": "2025-03-07", "close": 1.360545, "volume": 60373, "typical_volume": 34099.15, "trend": 1.359119, "fair_value": 1.680124, "relative_strength": -24.29691, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.752745, "energy": 18.247432, "activity_lines": [ 1.350179, 1.353124, 1.355964, 1.357726 ] }, { "date": "2025-03-14", "close": 1.434221, "volume": 62050, "typical_volume": 36275.85, "trend": 1.362068, "fair_value": 1.676441, "relative_strength": -18.554738, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.038955, "energy": 26.788976, "activity_lines": [ 1.376033, 1.365636, 1.363258, 1.362571 ] }, { "date": "2025-03-21", "close": 1.385103, "volume": 5408, "typical_volume": 34595.45, "trend": 1.363379, "fair_value": 1.672382, "relative_strength": -19.840072, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.371662, "energy": 25.515094, "activity_lines": [ 1.383843, 1.369468, 1.365986, 1.364058 ] }, { "date": "2025-03-28", "close": 1.385103, "volume": 0, "typical_volume": 30560.7, "trend": 1.364691, "fair_value": 1.668323, "relative_strength": -18.272877, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.577199, "energy": 34.695357, "activity_lines": [ 1.390015, 1.373561, 1.368228, 1.365459 ] }, { "date": "2025-04-04", "close": 1.385103, "volume": 0, "typical_volume": 29307.55, "trend": 1.363439, "fair_value": 1.664265, "relative_strength": -15.59684, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.640858, "energy": 42.084178, "activity_lines": [ 1.390015, 1.377914, 1.37026, 1.366776 ] }, { "date": "2025-04-11", "close": 1.286869, "volume": 8328, "typical_volume": 29723.95, "trend": 1.360835, "fair_value": 1.660125, "relative_strength": -13.770351, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.177422, "energy": 8.29058, "activity_lines": [ 1.355633, 1.363076, 1.362819, 1.361836 ] }, { "date": "2025-04-18", "close": 1.306516, "volume": 41572, "typical_volume": 19809.95, "trend": 1.358886, "fair_value": 1.656295, "relative_strength": -13.787485, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.678318, "energy": 33.135295, "activity_lines": [ 1.332712, 1.352266, 1.3576, 1.358331 ] }, { "date": "2025-04-25", "close": 1.316339, "volume": 2049, "typical_volume": 19912.4, "trend": 1.360469, "fair_value": 1.652528, "relative_strength": -14.91201, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -51.55585, "energy": 40.923987, "activity_lines": [ 1.321578, 1.345108, 1.353574, 1.355586 ] }, { "date": "2025-05-02", "close": 1.316339, "volume": 8655, "typical_volume": 19974.3, "trend": 1.356284, "fair_value": 1.648456, "relative_strength": -16.422775, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -52.883022, "energy": 44.671822, "activity_lines": [ 1.315029, 1.338754, 1.349759, 1.352739 ] }, { "date": "2025-05-09", "close": 1.326163, "volume": 11113, "typical_volume": 20529.95, "trend": 1.355952, "fair_value": 1.644446, "relative_strength": -16.80453, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.93399, "energy": 46.422072, "activity_lines": [ 1.316339, 1.333753, 1.346904, 1.350796 ] }, { "date": "2025-05-16", "close": 1.40475, "volume": 0, "typical_volume": 15078.95, "trend": 1.356637, "fair_value": 1.640941, "relative_strength": -13.351958, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.862484, "energy": 7.111029, "activity_lines": [ 1.347774, 1.343666, 1.351374, 1.353944 ] }, { "date": "2025-05-23", "close": 1.37528, "volume": 34778, "typical_volume": 16338.8, "trend": 1.353888, "fair_value": 1.637246, "relative_strength": -15.653963, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.122134, "energy": 8.812487, "activity_lines": [ 1.361527, 1.347417, 1.352827, 1.355147 ] }, { "date": "2025-05-30", "close": 1.385103, "volume": 0, "typical_volume": 16108.15, "trend": 1.357298, "fair_value": 1.633615, "relative_strength": -13.49105, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.546526, "energy": 13.822034, "activity_lines": [ 1.37397, 1.354025, 1.355561, 1.357161 ] }, { "date": "2025-06-06", "close": 1.473514, "volume": 12000, "typical_volume": 16708.15, "trend": 1.361712, "fair_value": 1.63055, "relative_strength": -9.494364, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.357826, "energy": 54.396791, "activity_lines": [ 1.411299, 1.376709, 1.366784, 1.364659 ] }, { "date": "2025-06-13", "close": 1.335986, "volume": 54000, "typical_volume": 19141.8, "trend": 1.360893, "fair_value": 1.626664, "relative_strength": -17.719753, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.314709, "energy": 36.291698, "activity_lines": [ 1.392307, 1.372779, 1.364556, 1.362999 ] }, { "date": "2025-06-20", "close": 1.37528, "volume": 58053, "typical_volume": 21653.7, "trend": 1.361384, "fair_value": 1.623336, "relative_strength": -13.45603, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.868365, "energy": 31.764812, "activity_lines": [ 1.385758, 1.376887, 1.365956, 1.363927 ] }, { "date": "2025-06-27", "close": 1.335986, "volume": 7689, "typical_volume": 22038.15, "trend": 1.360566, "fair_value": 1.619817, "relative_strength": -17.896225, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 22.921507, "energy": 11.816372, "activity_lines": [ 1.368076, 1.372243, 1.363312, 1.362289 ] }, { "date": "2025-07-04", "close": 1.37528, "volume": 30514, "typical_volume": 22429.85, "trend": 1.361057, "fair_value": 1.616488, "relative_strength": -13.584302, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.725613, "energy": 15.987452, "activity_lines": [ 1.366111, 1.374208, 1.364758, 1.363238 ] }, { "date": "2025-07-11", "close": 1.37528, "volume": 0, "typical_volume": 22429.85, "trend": 1.362844, "fair_value": 1.61316, "relative_strength": -13.840429, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.474638, "energy": 13.828021, "activity_lines": [ 1.364802, 1.375101, 1.366135, 1.364155 ] }, { "date": "2025-07-18", "close": 1.424397, "volume": 24000, "typical_volume": 21029.1, "trend": 1.36724, "fair_value": 1.610147, "relative_strength": -12.583563, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.523032, "energy": 24.570172, "activity_lines": [ 1.386413, 1.383853, 1.371795, 1.368127 ] }, { "date": "2025-07-25", "close": 1.424397, "volume": 0, "typical_volume": 18010.45, "trend": 1.369368, "fair_value": 1.606767, "relative_strength": -13.72653, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.070506, "energy": 47.177507, "activity_lines": [ 1.402131, 1.390819, 1.377151, 1.371814 ] }, { "date": "2025-08-01", "close": 1.473514, "volume": 10000, "typical_volume": 15407.95, "trend": 1.370219, "fair_value": 1.604373, "relative_strength": -6.888828, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.060276, "energy": 63.611552, "activity_lines": [ 1.430946, 1.406358, 1.386881, 1.378533 ] }, { "date": "2025-08-08", "close": 1.473514, "volume": 116000, "typical_volume": 20937.55, "trend": 1.372688, "fair_value": 1.602224, "relative_strength": -7.543594, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.145945, "energy": 70.771344, "activity_lines": [ 1.450593, 1.42011, 1.396424, 1.385198 ] }, { "date": "2025-08-15", "close": 1.473514, "volume": 0, "typical_volume": 20937.55, "trend": 1.375158, "fair_value": 1.600075, "relative_strength": -8.529744, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.41426, "energy": 73.147086, "activity_lines": [ 1.463691, 1.432256, 1.405545, 1.391702 ] }, { "date": "2025-08-22", "close": 1.453867, "volume": 20000, "typical_volume": 21937.55, "trend": 1.379889, "fair_value": 1.597494, "relative_strength": -9.475564, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.145336, "energy": 67.215266, "activity_lines": [ 1.463691, 1.440829, 1.412375, 1.39678 ] }, { "date": "2025-08-29", "close": 1.434221, "volume": 0, "typical_volume": 21521.15, "trend": 1.383964, "fair_value": 1.594971, "relative_strength": -9.2826, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.970304, "energy": 48.716245, "activity_lines": [ 1.455177, 1.443687, 1.417006, 1.400286 ] }, { "date": "2025-09-05", "close": 1.37528, "volume": 35517, "typical_volume": 21218.4, "trend": 1.382836, "fair_value": 1.592192, "relative_strength": -13.450929, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.689537, "energy": 19.076701, "activity_lines": [ 1.426362, 1.434756, 1.415322, 1.399725 ] }, { "date": "2025-09-12", "close": 1.365456, "volume": 6065, "typical_volume": 21419.2, "trend": 1.382999, "fair_value": 1.589044, "relative_strength": -16.539351, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.502309, "energy": 17.139946, "activity_lines": [ 1.400821, 1.423325, 1.412375, 1.398604 ] }, { "date": "2025-09-19", "close": 1.473514, "volume": 27299, "typical_volume": 22351.4, "trend": 1.389033, "fair_value": 1.58598, "relative_strength": -9.929251, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.044388, "energy": 26.536945, "activity_lines": [ 1.418503, 1.43172, 1.419485, 1.404444 ] }, { "date": "2025-09-26", "close": 1.424397, "volume": 4000, "typical_volume": 21995.75, "trend": 1.391161, "fair_value": 1.582295, "relative_strength": -11.349178, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.607181, "energy": 18.744575, "activity_lines": [ 1.419813, 1.429398, 1.421169, 1.406725 ] }, { "date": "2025-10-03", "close": 1.463691, "volume": 35246, "typical_volume": 23758.05, "trend": 1.394599, "fair_value": 1.580266, "relative_strength": -12.041792, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.677116, "energy": 26.583126, "activity_lines": [ 1.436185, 1.43422, 1.426128, 1.411405 ] }, { "date": "2025-10-10", "close": 1.385103, "volume": 3413, "typical_volume": 22189.8, "trend": 1.392962, "fair_value": 1.578099, "relative_strength": -13.795976, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.956819, "energy": 17.826118, "activity_lines": [ 1.424397, 1.42404, 1.423321, 1.410792 ] }, { "date": "2025-10-17", "close": 1.502985, "volume": 278100, "typical_volume": 36094.8, "trend": 1.396891, "fair_value": 1.576809, "relative_strength": -2.37912, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.879793, "energy": 31.954086, "activity_lines": [ 1.451248, 1.4369, 1.431694, 1.41789 ] }, { "date": "2025-10-24", "close": 1.586813, "volume": 66665, "typical_volume": 38828.05, "trend": 1.403615, "fair_value": 1.576058, "relative_strength": -0.212536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.659932, "energy": 62.114475, "activity_lines": [ 1.496873, 1.464465, 1.44749, 1.430143 ] }, { "date": "2025-10-31", "close": 1.428132, "volume": 20254, "typical_volume": 37140.75, "trend": 1.405049, "fair_value": 1.574655, "relative_strength": -9.098806, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.171186, "energy": 38.012651, "activity_lines": [ 1.482051, 1.46112, 1.447634, 1.431725 ] }, { "date": "2025-11-07", "close": 1.398379, "volume": 5331, "typical_volume": 34504.65, "trend": 1.408766, "fair_value": 1.573061, "relative_strength": -11.810331, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.674214, "energy": 27.674704, "activity_lines": [ 1.457062, 1.452832, 1.444505, 1.431295 ] }, { "date": "2025-11-14", "close": 1.438049, "volume": 9774, "typical_volume": 34608.9, "trend": 1.413151, "fair_value": 1.572454, "relative_strength": -9.98091, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.666296, "energy": 15.714522, "activity_lines": [ 1.449651, 1.452409, 1.445044, 1.433184 ] }, { "date": "2025-11-21", "close": 1.457885, "volume": 3563, "typical_volume": 33261.35, "trend": 1.417869, "fair_value": 1.571669, "relative_strength": -3.445482, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.714598, "energy": 16.928052, "activity_lines": [ 1.445322, 1.454452, 1.446987, 1.43607 ] }, { "date": "2025-11-28", "close": 1.457885, "volume": 0, "typical_volume": 33261.35, "trend": 1.422587, "fair_value": 1.570518, "relative_strength": -5.415724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.902757, "energy": 15.140347, "activity_lines": [ 1.444, 1.454814, 1.448536, 1.438652 ] }, { "date": "2025-12-05", "close": 1.537225, "volume": 15821, "typical_volume": 32852.4, "trend": 1.429623, "fair_value": 1.569631, "relative_strength": -0.827386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.240412, "energy": 33.290819, "activity_lines": [ 1.47772, 1.469885, 1.457248, 1.446048 ] }, { "date": "2025-12-12", "close": 1.537225, "volume": 8325, "typical_volume": 33268.65, "trend": 1.434038, "fair_value": 1.568501, "relative_strength": -0.187785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.139307, "energy": 53.192375, "activity_lines": [ 1.504167, 1.482905, 1.465422, 1.45299 ] }, { "date": "2025-12-19", "close": 1.497555, "volume": 19574, "typical_volume": 33747.35, "trend": 1.438114, "fair_value": 1.566994, "relative_strength": -1.448368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.902874, "energy": 53.112467, "activity_lines": [ 1.508134, 1.487375, 1.469282, 1.457088 ] }, { "date": "2025-12-26", "close": 1.487637, "volume": 6475, "typical_volume": 28271.1, "trend": 1.441532, "fair_value": 1.565362, "relative_strength": -2.266894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.230661, "energy": 51.110943, "activity_lines": [ 1.504828, 1.487998, 1.472082, 1.460283 ] }, { "date": "2026-01-02", "close": 1.527308, "volume": 0, "typical_volume": 28271.1, "trend": 1.443325, "fair_value": 1.563557, "relative_strength": -1.146815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.26809, "energy": 49.327041, "activity_lines": [ 1.512762, 1.496112, 1.478593, 1.465817 ] }, { "date": "2026-01-09", "close": 1.537225, "volume": 0, "typical_volume": 27271.1, "trend": 1.450033, "fair_value": 1.56023, "relative_strength": 0.386873, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.707031, "energy": 37.875732, "activity_lines": [ 1.519374, 1.507112, 1.485793, 1.471875 ] }, { "date": "2026-01-16", "close": 1.457885, "volume": 20005, "typical_volume": 28271.35, "trend": 1.452787, "fair_value": 1.556515, "relative_strength": -6.440389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.225643, "energy": 20.082608, "activity_lines": [ 1.499539, 1.501702, 1.485039, 1.472381 ] }, { "date": "2026-01-23", "close": 1.527308, "volume": 8000, "typical_volume": 26895.5, "trend": 1.459164, "fair_value": 1.553002, "relative_strength": -1.364699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.790431, "energy": 31.932971, "activity_lines": [ 1.508134, 1.507833, 1.490784, 1.477189 ] }, { "date": "2026-01-30", "close": 1.487637, "volume": 8872, "typical_volume": 27035.85, "trend": 1.462909, "fair_value": 1.549234, "relative_strength": -5.833381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.411401, "energy": 21.319515, "activity_lines": [ 1.501522, 1.505128, 1.492028, 1.479026 ] }, { "date": "2026-02-06", "close": 1.487637, "volume": 4422, "typical_volume": 25892.0, "trend": 1.466654, "fair_value": 1.545467, "relative_strength": -2.554195, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.885549, "energy": 17.615472, "activity_lines": [ 1.49491, 1.501883, 1.492689, 1.480621 ] }, { "date": "2026-02-13", "close": 1.586813, "volume": 23968, "typical_volume": 26890.4, "trend": 1.472068, "fair_value": 1.542518, "relative_strength": 3.928707, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.4093, "energy": 53.708722, "activity_lines": [ 1.524002, 1.516128, 1.502729, 1.488373 ] }, { "date": "2026-02-20", "close": 1.646319, "volume": 24074, "typical_volume": 26331.8, "trend": 1.479466, "fair_value": 1.53934, "relative_strength": 8.190363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.421447, "energy": 75.513516, "activity_lines": [ 1.569623, 1.540291, 1.517662, 1.499615 ] }, { "date": "2026-02-27", "close": 1.864505, "volume": 133476, "typical_volume": 32834.95, "trend": 1.492499, "fair_value": 1.537378, "relative_strength": 21.096624, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.806441, "energy": 94.692102, "activity_lines": [ 1.67541, 1.60214, 1.552505, 1.524457 ] }, { "date": "2026-03-06", "close": 1.805, "volume": 121431, "typical_volume": 25001.5, "trend": 1.503548, "fair_value": 1.535218, "relative_strength": 20.647421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.213995, "energy": 93.67596, "activity_lines": [ 1.738883, 1.646499, 1.579399, 1.544618 ] }, { "date": "2026-03-13", "close": 1.8, "volume": 0, "typical_volume": 21668.25, "trend": 1.514431, "fair_value": 1.533941, "relative_strength": 21.256752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.346028, "energy": 90.503906, "activity_lines": [ 1.779531, 1.684178, 1.604377, 1.563744 ] }, { "date": "2026-03-20", "close": 1.72, "volume": 2202, "typical_volume": 20765.65, "trend": 1.523302, "fair_value": 1.531236, "relative_strength": 16.362976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.849039, "energy": 87.397909, "activity_lines": [ 1.772689, 1.702354, 1.620722, 1.577006 ] }, { "date": "2026-03-27", "close": 1.68, "volume": 14000, "typical_volume": 21199.1, "trend": 1.531495, "fair_value": 1.528274, "relative_strength": 14.829428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.94255, "energy": 57.659108, "activity_lines": [ 1.743634, 1.709934, 1.631868, 1.587116 ] }, { "date": "2026-04-03", "close": 1.69, "volume": 18000, "typical_volume": 21610.4, "trend": 1.541986, "fair_value": 1.525376, "relative_strength": 14.505263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.100242, "energy": 43.953582, "activity_lines": [ 1.715667, 1.715294, 1.642624, 1.597342 ] }, { "date": "2026-04-10", "close": 1.63, "volume": 18000, "typical_volume": 22332.25, "trend": 1.550804, "fair_value": 1.52307, "relative_strength": 7.076138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.313635, "energy": 24.49369, "activity_lines": [ 1.679333, 1.706786, 1.646467, 1.60302 ] }, { "date": "2026-04-17", "close": 1.64, "volume": 4143, "typical_volume": 22539.4, "trend": 1.556353, "fair_value": 1.520829, "relative_strength": 6.577724, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.596922, "energy": 26.299849, "activity_lines": [ 1.658, 1.697508, 1.650442, 1.608775 ] }, { "date": "2026-04-24", "close": 1.69, "volume": 35310, "typical_volume": 23513.85, "trend": 1.565207, "fair_value": 1.518908, "relative_strength": 10.411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.070441, "energy": 22.679587, "activity_lines": [ 1.664, 1.694551, 1.658312, 1.617397 ] }, { "date": "2026-05-01", "close": 1.69, "volume": 0, "typical_volume": 23097.6, "trend": 1.57275, "fair_value": 1.516986, "relative_strength": 11.018038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.607077, "energy": 20.554319, "activity_lines": [ 1.672, 1.689718, 1.665455, 1.625449 ] }, { "date": "2026-05-08", "close": 1.8, "volume": 10655, "typical_volume": 22651.65, "trend": 1.58658, "fair_value": 1.51577, "relative_strength": 15.096598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.331908, "energy": 38.657916, "activity_lines": [ 1.716, 1.704091, 1.682346, 1.64011 ] }, { "date": "2026-05-15", "close": 1.62, "volume": 4000, "typical_volume": 22527.9, "trend": 1.590481, "fair_value": 1.51395, "relative_strength": 5.230529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.803902, "energy": 23.862124, "activity_lines": [ 1.692667, 1.686909, 1.680654, 1.642266 ] }, { "date": "2026-05-22", "close": 1.6, "volume": 12710, "typical_volume": 23163.4, "trend": 1.59092, "fair_value": 1.512001, "relative_strength": 5.235371, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.189488, "energy": 7.686362, "activity_lines": [ 1.663333, 1.669455, 1.676428, 1.64288 ] }, { "date": "2026-05-29", "close": 1.7, "volume": 11080, "typical_volume": 23717.4, "trend": 1.599983, "fair_value": 1.511242, "relative_strength": 13.398484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.148694, "energy": 13.899512, "activity_lines": [ 1.67, 1.673818, 1.681378, 1.649918 ] }, { "date": "2026-06-05", "close": 1.6, "volume": 0, "typical_volume": 22717.15, "trend": 1.606703, "fair_value": 1.510209, "relative_strength": 7.595233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.083178, "energy": 12.626318, "activity_lines": [ 1.642667, 1.660364, 1.67603, 1.649919 ] }, { "date": "2026-06-12", "close": 1.6, "volume": 6616, "typical_volume": 22647.95, "trend": 1.612102, "fair_value": 1.509175, "relative_strength": 8.348423, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.749681, "energy": 17.04784, "activity_lines": [ 1.621333, 1.648364, 1.670005, 1.649486 ] }, { "date": "2026-06-19", "close": 1.56, "volume": 18000, "typical_volume": 23104.35, "trend": 1.615505, "fair_value": 1.507702, "relative_strength": 8.905578, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.612578, "energy": 38.341266, "activity_lines": [ 1.6, 1.630727, 1.659825, 1.646125 ] }, { "date": "2026-06-26", "close": 1.54, "volume": 0, "typical_volume": 22883.25, "trend": 1.618243, "fair_value": 1.506101, "relative_strength": 12.982284, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.982342, "energy": 52.15529, "activity_lines": [ 1.576, 1.610727, 1.647395, 1.641253 ] }, { "date": "2026-07-03", "close": 1.64, "volume": 0, "typical_volume": 21684.85, "trend": 1.621668, "fair_value": 1.505141, "relative_strength": 16.35049, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.093184, "energy": 35.40302, "activity_lines": [ 1.589333, 1.610727, 1.64424, 1.642657 ] }, { "date": "2026-07-10", "close": 1.57, "volume": 0, "typical_volume": 20481.15, "trend": 1.622761, "fair_value": 1.503732, "relative_strength": 7.310305, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.688843, "energy": 35.540987, "activity_lines": [ 1.583333, 1.598909, 1.634164, 1.639324 ] }, { "date": "2026-07-17", "close": 1.54, "volume": 5996, "typical_volume": 14107.15, "trend": 1.624176, "fair_value": 1.502497, "relative_strength": 3.425905, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.396519, "energy": 34.859152, "activity_lines": [ 1.569333, 1.583818, 1.621595, 1.633984 ] }, { "date": "2026-07-24", "close": 1.54, "volume": 0, "typical_volume": 8035.6, "trend": 1.625921, "fair_value": 1.500469, "relative_strength": 1.584526, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.318552, "energy": 30.601949, "activity_lines": [ 1.559333, 1.573455, 1.610571, 1.628554 ] }, { "date": "2026-07-31", "close": 1.55, "volume": 0, "typical_volume": 8035.6, "trend": 1.626678, "fair_value": 1.498627, "relative_strength": -1.387016, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.793243, "energy": 50.513717, "activity_lines": [ 1.554, 1.566364, 1.601762, 1.623655 ] }, { "date": "2026-08-07", "close": 1.55, "volume": 4666, "typical_volume": 8158.8, "trend": 1.627103, "fair_value": 1.497212, "relative_strength": -0.590616, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.309371, "energy": 59.919679, "activity_lines": [ 1.548, 1.560182, 1.594143, 1.618709 ] }, { "date": "2026-08-14", "close": 1.6, "volume": 37979, "typical_volume": 9357.75, "trend": 1.631841, "fair_value": 1.496727, "relative_strength": 4.689318, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.153901, "energy": 51.217171, "activity_lines": [ 1.564667, 1.565818, 1.592095, 1.61696 ] }, { "date": "2026-08-21", "close": 1.56, "volume": 18000, "typical_volume": 9357.75, "trend": 1.63293, "fair_value": 1.495193, "relative_strength": -1.511884, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.721991, "energy": 30.71586, "activity_lines": [ 1.566, 1.564182, 1.586619, 1.612325 ] }, { "date": "2026-08-28", "close": 1.65, "volume": 16140, "typical_volume": 9264.75, "trend": 1.638342, "fair_value": 1.495701, "relative_strength": 5.655638, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.146153, "energy": 15.456583, "activity_lines": [ 1.596, 1.579636, 1.590333, 1.613426 ] }, { "date": "2026-09-04", "close": 1.525, "volume": 3212, "typical_volume": 9218.2, "trend": 1.639588, "fair_value": 1.494797, "relative_strength": -2.763901, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.321329, "energy": 24.424686, "activity_lines": [ 1.577, 1.570727, 1.582048, 1.606114 ] }, { "date": "2026-09-11", "close": 1.56, "volume": 8000, "typical_volume": 7852.7, "trend": 1.638694, "fair_value": 1.493934, "relative_strength": 2.497796, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.419506, "energy": 20.876703, "activity_lines": [ 1.571333, 1.568455, 1.577643, 1.600979 ] } ], "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." } } }