{ "ticker": { "uuid": "8f8b3c0d-58d3-4a01-94b5-2b945e59eae7", "symbol": "POSI3", "name": "Positivo Tecnologia S.A.", "exchange": "SAO", "country": "BR", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^BVSP", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.237, "architecture_energy": 68.175, "architecture_maturity": 26.846, "architecture_confidence": 89.181, "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": 19.84, "rotation_up": 11.89, "upward_expansion": 15.01, "deceleration": 37.66, "rotation_down": 68.31, "downward_expansion": 88.34 }, "activity_lines": [ 3.604667, 3.719455, 3.866571, 3.970301 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 3.53, "trend_reference": 4.083667, "distance_from_trend": -0.135581, "trend_direction": "Weakening", "fair_value": 5.34014, "distance_from_fair_value": -0.338969, "fair_value_direction": "Weakening", "relative_strength": -16.862273, "relative_strength_direction": "Weakening", "price_momentum": -0.18287, "excess_performance": -0.125822, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.135581, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.023556, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.338969, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.132967, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.168623, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.065705, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.18287, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.65648, "read": "Supply-led" } ], "volume": { "latest": 2917000, "relative_activity": 0.816474, "balance": 0.65648, "dry_up": 0.703128, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.091305, "annualized_volatility": 0.422399, "from_high_reference": -0.264583, "from_low_reference": 0.038235 }, "levels": { "trend_reference": 4.083667, "fair_value_reference": 5.34014, "structural_low": 3.4, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.004641, "positive_rate": 0.535714, "directional_follow_through": 0.464286, "median_excess_return": -0.002153, "regime_survival": 0.75, "best_return": 0.657434, "worst_return": -0.193662, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.025319, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.055778, "regime_survival": 0.4, "best_return": 1.292817, "worst_return": -0.200613, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.020879, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.078517, "regime_survival": 0.0, "best_return": 0.729282, "worst_return": -0.234303, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.097637, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.197886, "regime_survival": 0.5, "best_return": 0.503274, "worst_return": -0.204797, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-05-31", "tenure": "Developing", "return": 0.077387, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-07", "end": "2024-07-19", "tenure": "Developing", "return": -0.175028, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-26", "end": "2024-08-23", "tenure": "Developing", "return": -0.024286, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2025-02-07", "tenure": "Established", "return": -0.168453, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-06-06", "tenure": "Established", "return": -0.199671, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-09-26", "tenure": "Established", "return": -0.011211, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": -0.076566, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": 0.009547, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-30", "tenure": "Developing", "return": 0.05305, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": -0.043981, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-04-17", "tenure": "Developing", "return": 0.14532, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": 0.037209, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-12", "tenure": "Developing", "return": -0.061856, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.1175, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.480356, "volume": 9960300, "typical_volume": 12023420.0, "trend": 6.544197, "fair_value": 6.576277, "relative_strength": -1.858008, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.021939, "energy": 28.393608, "activity_lines": [ 7.410446, 7.476066, 7.162139, 6.86301 ] }, { "date": "2023-08-25", "close": 7.733779, "volume": 6265500, "typical_volume": 11944935.0, "trend": 6.570843, "fair_value": 6.602765, "relative_strength": 1.554504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.833904, "energy": 36.50619, "activity_lines": [ 7.529293, 7.5026, 7.249676, 6.939757 ] }, { "date": "2023-09-01", "close": 7.24441, "volume": 8723600, "typical_volume": 11887355.0, "trend": 6.597455, "fair_value": 6.626854, "relative_strength": -5.80642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.3952, "energy": 27.793779, "activity_lines": [ 7.452392, 7.441905, 7.280599, 6.983213 ] }, { "date": "2023-09-08", "close": 6.816212, "volume": 4885600, "typical_volume": 11756830.0, "trend": 6.626613, "fair_value": 6.649538, "relative_strength": -8.697784, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.687124, "energy": 14.389404, "activity_lines": [ 7.234506, 7.31718, 7.266822, 6.997326 ] }, { "date": "2023-09-15", "close": 6.728824, "volume": 5343100, "typical_volume": 11626500.0, "trend": 6.6572, "fair_value": 6.670969, "relative_strength": -11.384612, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.131006, "energy": 9.965373, "activity_lines": [ 7.039341, 7.199127, 7.241372, 7.00392 ] }, { "date": "2023-09-22", "close": 6.204501, "volume": 7628000, "typical_volume": 11149170.0, "trend": 6.677634, "fair_value": 6.690194, "relative_strength": -15.231756, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.713206, "energy": 23.939119, "activity_lines": [ 6.707269, 7.007352, 7.162973, 6.974714 ] }, { "date": "2023-09-29", "close": 6.291888, "volume": 8072200, "typical_volume": 10072445.0, "trend": 6.693385, "fair_value": 6.709747, "relative_strength": -13.442426, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.242544, "energy": 44.266651, "activity_lines": [ 6.489383, 6.84926, 7.09273, 6.949827 ] }, { "date": "2023-10-06", "close": 5.968554, "volume": 7618400, "typical_volume": 8935710.0, "trend": 6.696459, "fair_value": 6.725704, "relative_strength": -15.269899, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.671138, "energy": 57.691146, "activity_lines": [ 6.259846, 6.649699, 6.988157, 6.903064 ] }, { "date": "2023-10-13", "close": 5.828735, "volume": 7037300, "typical_volume": 8633860.0, "trend": 6.714948, "fair_value": 6.742012, "relative_strength": -17.425179, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.753549, "energy": 62.792979, "activity_lines": [ 6.068759, 6.448391, 6.869851, 6.847082 ] }, { "date": "2023-10-20", "close": 5.610266, "volume": 5498100, "typical_volume": 8150800.0, "trend": 6.696583, "fair_value": 6.756688, "relative_strength": -17.704073, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.89934, "energy": 66.351304, "activity_lines": [ 5.870681, 6.239455, 6.731488, 6.775812 ] }, { "date": "2023-10-27", "close": 5.65396, "volume": 6462800, "typical_volume": 7784890.0, "trend": 6.679132, "fair_value": 6.774231, "relative_strength": -16.325951, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.85994, "energy": 63.742232, "activity_lines": [ 5.761738, 6.069129, 6.599033, 6.708546 ] }, { "date": "2023-11-03", "close": 6.012249, "volume": 6346100, "typical_volume": 7412100.0, "trend": 6.691802, "fair_value": 6.792823, "relative_strength": -13.667415, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.038341, "energy": 59.118729, "activity_lines": [ 5.808927, 5.997154, 6.505155, 6.665521 ] }, { "date": "2023-11-10", "close": 6.221978, "volume": 7111600, "typical_volume": 7079645.0, "trend": 6.685146, "fair_value": 6.81119, "relative_strength": -12.017793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.070841, "energy": 43.306655, "activity_lines": [ 5.944669, 5.994612, 6.439905, 6.63521 ] }, { "date": "2023-11-17", "close": 6.248195, "volume": 12483400, "typical_volume": 7348900.0, "trend": 6.689673, "fair_value": 6.829724, "relative_strength": -14.31239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.100378, "energy": 29.791127, "activity_lines": [ 6.072255, 6.015426, 6.385642, 6.60702 ] }, { "date": "2023-11-24", "close": 5.785041, "volume": 12047400, "typical_volume": 7638625.0, "trend": 6.679305, "fair_value": 6.842566, "relative_strength": -20.455992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.620569, "energy": 29.462363, "activity_lines": [ 6.017492, 5.962358, 6.295883, 6.548656 ] }, { "date": "2023-12-01", "close": 5.86369, "volume": 7617500, "typical_volume": 7673080.0, "trend": 6.66911, "fair_value": 6.855681, "relative_strength": -20.459263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.409301, "energy": 29.191083, "activity_lines": [ 5.977294, 5.94075, 6.223767, 6.496036 ] }, { "date": "2023-12-08", "close": 5.846212, "volume": 7924600, "typical_volume": 7816875.0, "trend": 6.679014, "fair_value": 6.869884, "relative_strength": -19.707061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.994982, "energy": 36.306683, "activity_lines": [ 5.917287, 5.92216, 6.156271, 6.442946 ] }, { "date": "2023-12-15", "close": 5.933599, "volume": 5439300, "typical_volume": 7852070.0, "trend": 6.680762, "fair_value": 6.884185, "relative_strength": -20.068451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.225281, "energy": 37.397792, "activity_lines": [ 5.897479, 5.927562, 6.103755, 6.394855 ] }, { "date": "2023-12-22", "close": 6.047204, "volume": 6331400, "typical_volume": 7736995.0, "trend": 6.682801, "fair_value": 6.899354, "relative_strength": -19.571065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.87239, "energy": 32.910881, "activity_lines": [ 5.934765, 5.954255, 6.068426, 6.35398 ] }, { "date": "2023-12-29", "close": 6.082158, "volume": 4546700, "typical_volume": 7367145.0, "trend": 6.686296, "fair_value": 6.914793, "relative_strength": -19.308301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.847796, "energy": 24.74579, "activity_lines": [ 5.997101, 5.983331, 6.043791, 6.315229 ] }, { "date": "2024-01-05", "close": 5.706393, "volume": 6280200, "typical_volume": 7183140.0, "trend": 6.656876, "fair_value": 6.929208, "relative_strength": -22.605959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.796927, "energy": 32.757297, "activity_lines": [ 5.914375, 5.935506, 5.989153, 6.252009 ] }, { "date": "2024-01-12", "close": 5.907384, "volume": 5098700, "typical_volume": 7124800.0, "trend": 6.592792, "fair_value": 6.944911, "relative_strength": -18.957345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.598234, "energy": 27.734121, "activity_lines": [ 5.909132, 5.923272, 5.962105, 6.203655 ] }, { "date": "2024-01-19", "close": 5.811258, "volume": 5026700, "typical_volume": 6939955.0, "trend": 6.519678, "fair_value": 6.961615, "relative_strength": -17.880471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.554365, "energy": 31.305131, "activity_lines": [ 5.867768, 5.895467, 5.934599, 6.153233 ] }, { "date": "2024-01-26", "close": 6.27441, "volume": 6600200, "typical_volume": 7025685.0, "trend": 6.460254, "fair_value": 6.980918, "relative_strength": -11.85362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.831924, "energy": 14.450929, "activity_lines": [ 5.988945, 5.959339, 5.958027, 6.13741 ] }, { "date": "2024-02-02", "close": 6.265672, "volume": 3964000, "typical_volume": 6956730.0, "trend": 6.4052, "fair_value": 6.999657, "relative_strength": -10.424154, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.818853, "energy": 8.708118, "activity_lines": [ 6.092062, 6.021146, 5.983203, 6.124856 ] }, { "date": "2024-02-09", "close": 6.291888, "volume": 3979200, "typical_volume": 6774290.0, "trend": 6.375488, "fair_value": 7.017687, "relative_strength": -10.461025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.334106, "energy": 12.668188, "activity_lines": [ 6.191684, 6.078981, 6.013081, 6.117545 ] }, { "date": "2024-02-16", "close": 6.265672, "volume": 1594700, "typical_volume": 6450415.0, "trend": 6.342864, "fair_value": 7.035318, "relative_strength": -11.179194, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.328059, "energy": 17.782672, "activity_lines": [ 6.243534, 6.124263, 6.040046, 6.110461 ] }, { "date": "2024-02-23", "close": 6.746302, "volume": 6229100, "typical_volume": 6380950.0, "trend": 6.325386, "fair_value": 7.057785, "relative_strength": -4.855094, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.597079, "energy": 47.466629, "activity_lines": [ 6.431708, 6.249307, 6.11291, 6.136489 ] }, { "date": "2024-03-01", "close": 7.165761, "volume": 5404200, "typical_volume": 6299295.0, "trend": 6.311113, "fair_value": 7.084187, "relative_strength": 1.267406, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 56.945459, "energy": 66.438397, "activity_lines": [ 6.697365, 6.435839, 6.22202, 6.190707 ] }, { "date": "2024-03-08", "close": 7.253149, "volume": 3950800, "typical_volume": 6221930.0, "trend": 6.309657, "fair_value": 7.108425, "relative_strength": 4.19016, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.490914, "energy": 72.281603, "activity_lines": [ 6.932728, 6.617922, 6.333085, 6.251483 ] }, { "date": "2024-03-15", "close": 6.999726, "volume": 3322900, "typical_volume": 6064935.0, "trend": 6.293636, "fair_value": 7.124804, "relative_strength": 0.686645, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.685456, "energy": 78.311728, "activity_lines": [ 7.017786, 6.732638, 6.412191, 6.296004 ] }, { "date": "2024-03-22", "close": 7.690085, "volume": 7499300, "typical_volume": 6122595.0, "trend": 6.292179, "fair_value": 7.148472, "relative_strength": 10.438656, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.431642, "energy": 86.476335, "activity_lines": [ 7.285773, 6.949359, 6.550638, 6.386097 ] }, { "date": "2024-03-29", "close": 8.756211, "volume": 6353800, "typical_volume": 6084705.0, "trend": 6.342573, "fair_value": 7.168585, "relative_strength": 24.353642, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.114801, "energy": 94.352744, "activity_lines": [ 7.814175, 7.327507, 6.78263, 6.545067 ] }, { "date": "2024-04-05", "close": 9.070805, "volume": 12722000, "typical_volume": 6096635.0, "trend": 6.417726, "fair_value": 7.185358, "relative_strength": 29.443413, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.122348, "energy": 94.591414, "activity_lines": [ 8.313448, 7.709311, 7.032516, 6.721082 ] }, { "date": "2024-04-12", "close": 8.511526, "volume": 9944800, "typical_volume": 5991505.0, "trend": 6.477149, "fair_value": 7.191435, "relative_strength": 21.977272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.291992, "energy": 86.909345, "activity_lines": [ 8.499292, 7.938583, 7.215697, 6.856166 ] }, { "date": "2024-04-19", "close": 8.441616, "volume": 7354800, "typical_volume": 5978370.0, "trend": 6.55172, "fair_value": 7.190229, "relative_strength": 21.395143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.228242, "energy": 82.787396, "activity_lines": [ 8.57794, 8.114311, 7.379236, 6.982906 ] }, { "date": "2024-04-26", "close": 8.249364, "volume": 6346800, "typical_volume": 5899480.0, "trend": 6.616969, "fair_value": 7.191255, "relative_strength": 17.039527, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.881856, "energy": 61.421155, "activity_lines": [ 8.496379, 8.215998, 7.51219, 7.092431 ] }, { "date": "2024-05-03", "close": 9.164066, "volume": 6009100, "typical_volume": 5927970.0, "trend": 6.723486, "fair_value": 7.198466, "relative_strength": 27.454811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.049582, "energy": 61.079303, "activity_lines": [ 8.682433, 8.447927, 7.720814, 7.25676 ] }, { "date": "2024-05-10", "close": 8.376744, "volume": 6574900, "typical_volume": 5940145.0, "trend": 6.808419, "fair_value": 7.198726, "relative_strength": 16.753221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.37652, "energy": 47.905068, "activity_lines": [ 8.578856, 8.492748, 7.839072, 7.363422 ] }, { "date": "2024-05-17", "close": 9.145756, "volume": 10869400, "typical_volume": 6256280.0, "trend": 6.926269, "fair_value": 7.199343, "relative_strength": 26.135662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.538027, "energy": 50.404331, "activity_lines": [ 8.777887, 8.655371, 8.019477, 7.514218 ] }, { "date": "2024-05-24", "close": 8.440829, "volume": 6318400, "typical_volume": 6258190.0, "trend": 7.019165, "fair_value": 7.185201, "relative_strength": 19.448845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.545008, "energy": 43.678189, "activity_lines": [ 8.69966, 8.655415, 8.118157, 7.611931 ] }, { "date": "2024-05-31", "close": 8.285195, "volume": 3294200, "typical_volume": 6167965.0, "trend": 7.09493, "fair_value": 7.164108, "relative_strength": 18.77392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.692785, "energy": 32.106388, "activity_lines": [ 8.569608, 8.600959, 8.188993, 7.693611 ] }, { "date": "2024-06-07", "close": 8.211956, "volume": 5145500, "typical_volume": 6173905.0, "trend": 7.161262, "fair_value": 7.149309, "relative_strength": 18.554897, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.586909, "energy": 27.306487, "activity_lines": [ 8.412754, 8.522367, 8.241532, 7.765677 ] }, { "date": "2024-06-14", "close": 8.010548, "volume": 4435500, "typical_volume": 6065670.0, "trend": 7.220007, "fair_value": 7.136552, "relative_strength": 16.675552, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.105321, "energy": 19.360213, "activity_lines": [ 8.252238, 8.417051, 8.263457, 7.820469 ] }, { "date": "2024-06-21", "close": 7.82745, "volume": 4073600, "typical_volume": 6071150.0, "trend": 7.288088, "fair_value": 7.126909, "relative_strength": 12.535676, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.971046, "energy": 18.908888, "activity_lines": [ 8.055102, 8.297722, 8.259676, 7.859659 ] }, { "date": "2024-06-28", "close": 7.186605, "volume": 6002100, "typical_volume": 6172295.0, "trend": 7.332185, "fair_value": 7.114872, "relative_strength": 1.530972, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.745707, "energy": 17.542826, "activity_lines": [ 7.732238, 8.074314, 8.187426, 7.853112 ] }, { "date": "2024-07-05", "close": 7.845758, "volume": 7459600, "typical_volume": 6465540.0, "trend": 7.398836, "fair_value": 7.108632, "relative_strength": 8.934924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.544518, "energy": 17.604979, "activity_lines": [ 7.712707, 7.993569, 8.173692, 7.886246 ] }, { "date": "2024-07-12", "close": 7.543647, "volume": 4774000, "typical_volume": 6392785.0, "trend": 7.452505, "fair_value": 7.100217, "relative_strength": 2.689681, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.510541, "energy": 16.925872, "activity_lines": [ 7.621769, 7.865234, 8.123661, 7.895588 ] }, { "date": "2024-07-19", "close": 6.774635, "volume": 9662900, "typical_volume": 6605720.0, "trend": 7.476752, "fair_value": 7.08611, "relative_strength": -6.626903, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.947772, "energy": 46.746021, "activity_lines": [ 7.319046, 7.626541, 7.996594, 7.851855 ] }, { "date": "2024-07-26", "close": 6.408438, "volume": 7424000, "typical_volume": 6779380.0, "trend": 7.487628, "fair_value": 7.066942, "relative_strength": -11.281239, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.581936, "energy": 57.279757, "activity_lines": [ 6.976653, 7.350395, 7.836513, 7.782931 ] }, { "date": "2024-08-02", "close": 6.499987, "volume": 8027200, "typical_volume": 7014595.0, "trend": 7.514081, "fair_value": 7.051313, "relative_strength": -8.473071, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.160775, "energy": 66.626213, "activity_lines": [ 6.759376, 7.140664, 7.689174, 7.719213 ] }, { "date": "2024-08-09", "close": 6.481678, "volume": 7474100, "typical_volume": 7013335.0, "trend": 7.533225, "fair_value": 7.035948, "relative_strength": -11.691154, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.537363, "energy": 70.043753, "activity_lines": [ 6.581771, 6.962893, 7.542471, 7.652606 ] }, { "date": "2024-08-16", "close": 6.26196, "volume": 13094600, "typical_volume": 7350375.0, "trend": 7.548248, "fair_value": 7.017602, "relative_strength": -16.293067, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.645513, "energy": 73.331448, "activity_lines": [ 6.421866, 6.777964, 7.380596, 7.570589 ] }, { "date": "2024-08-23", "close": 6.252804, "volume": 9674800, "typical_volume": 7198015.0, "trend": 7.547528, "fair_value": 6.98772, "relative_strength": -16.844102, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.215875, "energy": 82.102363, "activity_lines": [ 6.344354, 6.626824, 7.229728, 7.487012 ] }, { "date": "2024-08-30", "close": 5.978157, "volume": 10630400, "typical_volume": 7232295.0, "trend": 7.537944, "fair_value": 6.965651, "relative_strength": -20.244239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.666373, "energy": 82.96343, "activity_lines": [ 6.210082, 6.457708, 7.066121, 7.385762 ] }, { "date": "2024-09-06", "close": 5.767594, "volume": 8658900, "typical_volume": 7297500.0, "trend": 7.520467, "fair_value": 6.943993, "relative_strength": -21.791096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.390357, "energy": 83.813318, "activity_lines": [ 6.034307, 6.283931, 6.894524, 7.271546 ] }, { "date": "2024-09-13", "close": 5.621116, "volume": 9279000, "typical_volume": 7444110.0, "trend": 7.498982, "fair_value": 6.922016, "relative_strength": -23.550495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.449315, "energy": 82.579604, "activity_lines": [ 5.858533, 6.109322, 6.72171, 7.149007 ] }, { "date": "2024-09-20", "close": 5.172525, "volume": 8249800, "typical_volume": 7556145.0, "trend": 7.446523, "fair_value": 6.899783, "relative_strength": -27.242971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.347474, "energy": 87.456663, "activity_lines": [ 5.590599, 5.893599, 6.518689, 6.998913 ] }, { "date": "2024-09-27", "close": 5.383088, "volume": 6471200, "typical_volume": 7550960.0, "trend": 7.387101, "fair_value": 6.88371, "relative_strength": -24.873556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.419387, "energy": 85.254032, "activity_lines": [ 5.465482, 5.759272, 6.354729, 6.865788 ] }, { "date": "2024-10-04", "close": 5.428862, "volume": 9882400, "typical_volume": 7501610.0, "trend": 7.326291, "fair_value": 6.871836, "relative_strength": -23.392984, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.378874, "energy": 82.711258, "activity_lines": [ 5.413604, 5.658567, 6.209384, 6.73945 ] }, { "date": "2024-10-11", "close": 5.410553, "volume": 5416500, "typical_volume": 7456515.0, "trend": 7.273319, "fair_value": 6.857558, "relative_strength": -22.351646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.719572, "energy": 77.538616, "activity_lines": [ 5.392243, 5.572345, 6.079995, 6.615854 ] }, { "date": "2024-10-18", "close": 5.529566, "volume": 7150800, "typical_volume": 7649345.0, "trend": 7.201301, "fair_value": 6.848902, "relative_strength": -20.747023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.22517, "energy": 61.990602, "activity_lines": [ 5.434355, 5.527569, 5.97637, 6.503354 ] }, { "date": "2024-10-25", "close": 5.914073, "volume": 7031000, "typical_volume": 7743620.0, "trend": 7.106563, "fair_value": 6.846663, "relative_strength": -14.706465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.566138, "energy": 48.605891, "activity_lines": [ 5.61074, 5.570015, 5.922487, 6.420307 ] }, { "date": "2024-11-01", "close": 5.547876, "volume": 6798200, "typical_volume": 7861755.0, "trend": 6.989132, "fair_value": 6.838219, "relative_strength": -18.65905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.626178, "energy": 42.645554, "activity_lines": [ 5.615623, 5.552204, 5.84467, 6.319747 ] }, { "date": "2024-11-08", "close": 5.401398, "volume": 5786200, "typical_volume": 7947385.0, "trend": 6.885461, "fair_value": 6.828407, "relative_strength": -20.358184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.189431, "energy": 40.835134, "activity_lines": [ 5.560693, 5.520578, 5.76463, 6.217312 ] }, { "date": "2024-11-15", "close": 5.154215, "volume": 5744300, "typical_volume": 7934495.0, "trend": 6.775881, "fair_value": 6.818058, "relative_strength": -23.713996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.736948, "energy": 50.925012, "activity_lines": [ 5.4252, 5.454496, 5.672601, 6.105619 ] }, { "date": "2024-11-22", "close": 5.392242, "volume": 5369000, "typical_volume": 7829965.0, "trend": 6.680644, "fair_value": 6.807997, "relative_strength": -20.891201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.124203, "energy": 49.075839, "activity_lines": [ 5.386139, 5.442844, 5.61292, 6.016352 ] }, { "date": "2024-11-29", "close": 4.778863, "volume": 9689000, "typical_volume": 8075715.0, "trend": 6.534471, "fair_value": 6.791385, "relative_strength": -27.75693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.558049, "energy": 59.22352, "activity_lines": [ 5.151773, 5.32383, 5.506505, 5.893656 ] }, { "date": "2024-12-06", "close": 4.65985, "volume": 5623900, "typical_volume": 7873765.0, "trend": 6.410574, "fair_value": 6.770295, "relative_strength": -29.479684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.510569, "energy": 71.34691, "activity_lines": [ 4.953417, 5.190335, 5.401921, 5.772713 ] }, { "date": "2024-12-13", "close": 4.669005, "volume": 5419500, "typical_volume": 7773540.0, "trend": 6.261349, "fair_value": 6.752073, "relative_strength": -28.371905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.312997, "energy": 69.895922, "activity_lines": [ 4.817314, 5.071654, 5.308279, 5.660354 ] }, { "date": "2024-12-20", "close": 4.934497, "volume": 9343500, "typical_volume": 7839355.0, "trend": 6.144471, "fair_value": 6.737602, "relative_strength": -22.596539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.959722, "energy": 59.033876, "activity_lines": [ 4.818535, 5.01506, 5.248205, 5.57475 ] }, { "date": "2024-12-27", "close": 4.64154, "volume": 3919800, "typical_volume": 7661640.0, "trend": 6.023016, "fair_value": 6.715442, "relative_strength": -25.898475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.750563, "energy": 54.849904, "activity_lines": [ 4.736751, 4.913857, 5.167686, 5.477787 ] }, { "date": "2025-01-03", "close": 4.650695, "volume": 2590900, "typical_volume": 7136455.0, "trend": 5.904307, "fair_value": 6.706009, "relative_strength": -24.553828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.279282, "energy": 51.592961, "activity_lines": [ 4.708066, 4.830464, 5.096801, 5.38925 ] }, { "date": "2025-01-10", "close": 4.595766, "volume": 4443300, "typical_volume": 6874880.0, "trend": 5.790481, "fair_value": 6.696415, "relative_strength": -25.470258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.657053, "energy": 48.231183, "activity_lines": [ 4.669615, 4.760055, 5.028357, 5.304828 ] }, { "date": "2025-01-17", "close": 5.016891, "volume": 6396800, "typical_volume": 6663200.0, "trend": 5.696796, "fair_value": 6.688139, "relative_strength": -20.831459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.663636, "energy": 39.340287, "activity_lines": [ 4.775812, 4.783524, 5.007911, 5.254919 ] }, { "date": "2025-01-24", "close": 4.989427, "volume": 3113800, "typical_volume": 6385945.0, "trend": 5.623557, "fair_value": 6.67702, "relative_strength": -21.095673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.503031, "energy": 28.341875, "activity_lines": [ 4.849662, 4.808992, 4.989427, 5.209282 ] }, { "date": "2025-01-31", "close": 5.227454, "volume": 3512700, "typical_volume": 6097630.0, "trend": 5.53628, "fair_value": 6.667665, "relative_strength": -19.514105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.522146, "energy": 17.392515, "activity_lines": [ 4.999192, 4.880733, 4.997317, 5.183727 ] }, { "date": "2025-02-07", "close": 4.971117, "volume": 3159100, "typical_volume": 5843095.0, "trend": 5.450529, "fair_value": 6.658429, "relative_strength": -22.261059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.746442, "energy": 19.704837, "activity_lines": [ 5.024215, 4.908863, 4.982669, 5.147265 ] }, { "date": "2025-02-14", "close": 5.291539, "volume": 3634900, "typical_volume": 5701280.0, "trend": 5.401093, "fair_value": 6.648151, "relative_strength": -19.349805, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.531404, "energy": 14.926007, "activity_lines": [ 5.134685, 4.991757, 4.999497, 5.137008 ] }, { "date": "2025-02-21", "close": 4.897877, "volume": 3070700, "typical_volume": 5360695.0, "trend": 5.35074, "fair_value": 6.641494, "relative_strength": -24.322297, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.076131, "energy": 13.43558, "activity_lines": [ 5.067548, 4.991591, 4.979269, 5.104542 ] }, { "date": "2025-02-28", "close": 4.577456, "volume": 3874300, "typical_volume": 5283585.0, "trend": 5.286656, "fair_value": 6.634021, "relative_strength": -26.273114, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.325374, "energy": 27.37658, "activity_lines": [ 4.90154, 4.929004, 4.931053, 5.054653 ] }, { "date": "2025-03-07", "close": 4.833793, "volume": 1604600, "typical_volume": 5006275.0, "trend": 5.231727, "fair_value": 6.630905, "relative_strength": -22.997212, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.522937, "energy": 22.135188, "activity_lines": [ 4.848441, 4.919516, 4.911218, 5.025436 ] }, { "date": "2025-03-14", "close": 4.925343, "volume": 3572400, "typical_volume": 4833345.0, "trend": 5.187173, "fair_value": 6.626186, "relative_strength": -23.425427, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.124484, "energy": 27.750758, "activity_lines": [ 4.852103, 4.923179, 4.903414, 5.005669 ] }, { "date": "2025-03-21", "close": 4.989427, "volume": 6379100, "typical_volume": 4812390.0, "trend": 5.14506, "fair_value": 6.616925, "relative_strength": -23.743414, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.311134, "energy": 23.377626, "activity_lines": [ 4.880178, 4.933499, 4.906422, 4.992911 ] }, { "date": "2025-03-28", "close": 4.778863, "volume": 4002700, "typical_volume": 4723215.0, "trend": 5.105084, "fair_value": 6.602979, "relative_strength": -25.789066, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.401993, "energy": 20.781668, "activity_lines": [ 4.858206, 4.898377, 4.892036, 4.969286 ] }, { "date": "2025-04-04", "close": 4.540836, "volume": 9003900, "typical_volume": 4886195.0, "trend": 5.064192, "fair_value": 6.590509, "relative_strength": -25.863861, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.07301, "energy": 31.248995, "activity_lines": [ 4.764826, 4.824305, 4.857945, 4.932883 ] }, { "date": "2025-04-11", "close": 4.549991, "volume": 7196000, "typical_volume": 4977545.0, "trend": 5.028488, "fair_value": 6.579335, "relative_strength": -25.005023, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.283435, "energy": 42.656198, "activity_lines": [ 4.676939, 4.760055, 4.827646, 4.899709 ] }, { "date": "2025-04-18", "close": 4.961962, "volume": 4057500, "typical_volume": 4695970.0, "trend": 5.021469, "fair_value": 6.569707, "relative_strength": -18.493158, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.09538, "energy": 30.528754, "activity_lines": [ 4.745296, 4.783025, 4.840594, 4.895417 ] }, { "date": "2025-04-25", "close": 5.438017, "volume": 6214000, "typical_volume": 4725475.0, "trend": 5.0233, "fair_value": 6.56737, "relative_strength": -13.163741, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.713568, "energy": 4.725119, "activity_lines": [ 4.969896, 4.892717, 4.898008, 4.922291 ] }, { "date": "2025-05-02", "close": 5.346415, "volume": 6083300, "typical_volume": 4758665.0, "trend": 5.020552, "fair_value": 6.564442, "relative_strength": -13.742982, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.872475, "energy": 22.642483, "activity_lines": [ 5.134056, 4.983092, 4.942993, 4.943137 ] }, { "date": "2025-05-09", "close": 5.336834, "volume": 5059200, "typical_volume": 4544450.0, "trend": 5.018094, "fair_value": 6.558271, "relative_strength": -13.807089, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.434996, "energy": 36.726108, "activity_lines": [ 5.257186, 5.063569, 4.98384, 4.963542 ] }, { "date": "2025-05-16", "close": 5.049392, "volume": 10311000, "typical_volume": 4864010.0, "trend": 5.002088, "fair_value": 6.550257, "relative_strength": -18.80882, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.736032, "energy": 34.897335, "activity_lines": [ 5.231436, 5.077977, 4.995395, 4.965561 ] }, { "date": "2025-05-23", "close": 4.723625, "volume": 5423600, "typical_volume": 5005645.0, "trend": 4.962407, "fair_value": 6.54005, "relative_strength": -22.169269, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.842314, "energy": 12.751666, "activity_lines": [ 5.063803, 5.029234, 4.973983, 4.947596 ] }, { "date": "2025-05-30", "close": 4.522416, "volume": 5498400, "typical_volume": 5058400.0, "trend": 4.928225, "fair_value": 6.523963, "relative_strength": -23.892745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.649662, "energy": 13.77478, "activity_lines": [ 4.844989, 4.947576, 4.93306, 4.919209 ] }, { "date": "2025-06-06", "close": 4.234974, "volume": 8977700, "typical_volume": 5187445.0, "trend": 4.889344, "fair_value": 6.515163, "relative_strength": -27.052577, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.412075, "energy": 43.546396, "activity_lines": [ 4.591402, 4.822147, 4.865112, 4.874484 ] }, { "date": "2025-06-13", "close": 4.2733, "volume": 4916200, "typical_volume": 5277565.0, "trend": 4.85998, "fair_value": 6.508852, "relative_strength": -25.790682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.68014, "energy": 60.460488, "activity_lines": [ 4.424686, 4.713575, 4.804537, 4.834739 ] }, { "date": "2025-06-20", "close": 4.100835, "volume": 4167500, "typical_volume": 5310305.0, "trend": 4.816933, "fair_value": 6.503314, "relative_strength": -27.587197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.103689, "energy": 73.590149, "activity_lines": [ 4.271384, 4.57851, 4.730946, 4.785762 ] }, { "date": "2025-06-27", "close": 4.225393, "volume": 4370200, "typical_volume": 5370860.0, "trend": 4.798484, "fair_value": 6.50207, "relative_strength": -24.29523, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.533058, "energy": 70.142831, "activity_lines": [ 4.222838, 4.474258, 4.674584, 4.747598 ] }, { "date": "2025-07-04", "close": 4.474509, "volume": 3335000, "typical_volume": 5355865.0, "trend": 4.792306, "fair_value": 6.499449, "relative_strength": -21.313192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.864696, "energy": 57.599086, "activity_lines": [ 4.290546, 4.428693, 4.645498, 4.726696 ] }, { "date": "2025-07-11", "close": 4.426602, "volume": 3795800, "typical_volume": 5392120.0, "trend": 4.784226, "fair_value": 6.497877, "relative_strength": -18.111844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.753284, "energy": 37.100341, "activity_lines": [ 4.34548, 4.391935, 4.615739, 4.703102 ] }, { "date": "2025-07-18", "close": 4.20623, "volume": 2624300, "typical_volume": 5329620.0, "trend": 4.759951, "fair_value": 6.490198, "relative_strength": -19.713888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.187403, "energy": 35.541727, "activity_lines": [ 4.31418, 4.331833, 4.567238, 4.665812 ] }, { "date": "2025-07-25", "close": 4.024183, "volume": 3448800, "typical_volume": 5421830.0, "trend": 4.739372, "fair_value": 6.480203, "relative_strength": -22.506747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.487672, "energy": 40.808449, "activity_lines": [ 4.22667, 4.259189, 4.503166, 4.618343 ] }, { "date": "2025-08-01", "close": 3.803812, "volume": 6545800, "typical_volume": 5570500.0, "trend": 4.711143, "fair_value": 6.464622, "relative_strength": -25.302429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.696187, "energy": 61.881755, "activity_lines": [ 4.070813, 4.165117, 4.421961, 4.557985 ] }, { "date": "2025-08-08", "close": 3.909207, "volume": 3634700, "typical_volume": 5433280.0, "trend": 4.688257, "fair_value": 6.438552, "relative_strength": -24.407345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.853332, "energy": 72.015806, "activity_lines": [ 3.978193, 4.106932, 4.356135, 4.506247 ] }, { "date": "2025-08-15", "close": 3.899626, "volume": 4802300, "typical_volume": 5473260.0, "trend": 4.651015, "fair_value": 6.409289, "relative_strength": -24.133562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.473728, "energy": 76.731194, "activity_lines": [ 3.920066, 4.058154, 4.294541, 4.455367 ] }, { "date": "2025-08-22", "close": 4.129579, "volume": 3673600, "typical_volume": 5206745.0, "trend": 4.622354, "fair_value": 6.37644, "relative_strength": -19.946668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.363905, "energy": 68.091519, "activity_lines": [ 3.973722, 4.057283, 4.259033, 4.421726 ] }, { "date": "2025-08-29", "close": 4.292462, "volume": 2630900, "typical_volume": 4978490.0, "trend": 4.591187, "fair_value": 6.34161, "relative_strength": -18.249417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.439974, "energy": 38.232084, "activity_lines": [ 4.086782, 4.08864, 4.240997, 4.400443 ] }, { "date": "2025-09-05", "close": 4.110416, "volume": 3852100, "typical_volume": 4968220.0, "trend": 4.562497, "fair_value": 6.306864, "relative_strength": -21.81632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.3366, "energy": 27.441189, "activity_lines": [ 4.121275, 4.083414, 4.206849, 4.369426 ] }, { "date": "2025-09-12", "close": 4.167904, "volume": 5567200, "typical_volume": 4935880.0, "trend": 4.525043, "fair_value": 6.264661, "relative_strength": -20.001091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.66039, "energy": 21.279635, "activity_lines": [ 4.15449, 4.090731, 4.182231, 4.343968 ] }, { "date": "2025-09-19", "close": 4.436183, "volume": 4619600, "typical_volume": 4862695.0, "trend": 4.509653, "fair_value": 6.223291, "relative_strength": -16.552439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.174577, "energy": 17.820235, "activity_lines": [ 4.259885, 4.1524, 4.189212, 4.338235 ] }, { "date": "2025-09-26", "close": 4.225393, "volume": 3050300, "typical_volume": 4762250.0, "trend": 4.497917, "fair_value": 6.185421, "relative_strength": -19.802233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.18502, "energy": 16.127198, "activity_lines": [ 4.259247, 4.175569, 4.180451, 4.319896 ] }, { "date": "2025-10-03", "close": 4.129579, "volume": 3313200, "typical_volume": 4412360.0, "trend": 4.474444, "fair_value": 6.147251, "relative_strength": -20.413063, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.942303, "energy": 13.568867, "activity_lines": [ 4.220283, 4.18097, 4.167859, 4.296132 ] }, { "date": "2025-10-10", "close": 3.822974, "volume": 4833100, "typical_volume": 4382835.0, "trend": 4.437698, "fair_value": 6.108732, "relative_strength": -23.890379, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.871963, "energy": 31.137408, "activity_lines": [ 4.089976, 4.128708, 4.130446, 4.254102 ] }, { "date": "2025-10-17", "close": 3.813393, "volume": 5615000, "typical_volume": 4388665.0, "trend": 4.398497, "fair_value": 6.065717, "relative_strength": -24.882207, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.504069, "energy": 53.260025, "activity_lines": [ 3.975638, 4.074355, 4.096409, 4.213824 ] }, { "date": "2025-10-24", "close": 4.014602, "volume": 6649900, "typical_volume": 4272275.0, "trend": 4.373021, "fair_value": 6.031609, "relative_strength": -21.65006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.99014, "energy": 52.78048, "activity_lines": [ 3.952004, 4.058328, 4.084911, 4.189056 ] }, { "date": "2025-10-31", "close": 3.937951, "volume": 5112800, "typical_volume": 4282105.0, "trend": 4.352925, "fair_value": 5.990697, "relative_strength": -24.171066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.939439, "energy": 54.812781, "activity_lines": [ 3.930925, 4.026274, 4.067163, 4.160987 ] }, { "date": "2025-11-07", "close": 3.842137, "volume": 3157700, "typical_volume": 4231615.0, "trend": 4.32933, "fair_value": 5.966388, "relative_strength": -27.493296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.340624, "energy": 51.245634, "activity_lines": [ 3.89707, 3.980283, 4.041886, 4.128033 ] }, { "date": "2025-11-14", "close": 4.148742, "volume": 7038100, "typical_volume": 4365010.0, "trend": 4.302223, "fair_value": 5.946653, "relative_strength": -22.926616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.922044, "energy": 24.804388, "activity_lines": [ 3.984581, 3.998227, 4.047042, 4.116382 ] }, { "date": "2025-11-21", "close": 3.99544, "volume": 4236800, "typical_volume": 4410100.0, "trend": 4.254137, "fair_value": 5.926457, "relative_strength": -23.664815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.654441, "energy": 19.473085, "activity_lines": [ 3.999272, 3.9876, 4.037963, 4.09659 ] }, { "date": "2025-11-28", "close": 4.052928, "volume": 4502400, "typical_volume": 4445430.0, "trend": 4.211021, "fair_value": 5.905273, "relative_strength": -24.119126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.939571, "energy": 14.990823, "activity_lines": [ 4.02099, 3.990562, 4.036639, 4.083609 ] }, { "date": "2025-12-05", "close": 4.2733, "volume": 6817300, "typical_volume": 4655080.0, "trend": 4.17557, "fair_value": 5.891658, "relative_strength": -18.668853, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.772146, "energy": 11.857591, "activity_lines": [ 4.11361, 4.040559, 4.058084, 4.087627 ] }, { "date": "2025-12-12", "close": 4.244555, "volume": 4319100, "typical_volume": 4698595.0, "trend": 4.148742, "fair_value": 5.879476, "relative_strength": -20.415645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.789424, "energy": 14.199428, "activity_lines": [ 4.174292, 4.084459, 4.076471, 4.092078 ] }, { "date": "2025-12-19", "close": 4.129579, "volume": 3062100, "typical_volume": 4524410.0, "trend": 4.12894, "fair_value": 5.860036, "relative_strength": -20.791995, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.616454, "energy": 13.900689, "activity_lines": [ 4.169821, 4.105364, 4.082858, 4.090841 ] }, { "date": "2025-12-26", "close": 3.870881, "volume": 3971500, "typical_volume": 4541250.0, "trend": 4.107222, "fair_value": 5.835859, "relative_strength": -26.245915, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.222601, "energy": 14.244996, "activity_lines": [ 4.080394, 4.073658, 4.063057, 4.074192 ] }, { "date": "2026-01-02", "close": 3.937951, "volume": 3870400, "typical_volume": 4494655.0, "trend": 4.097322, "fair_value": 5.819155, "relative_strength": -24.143003, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.745782, "energy": 16.367409, "activity_lines": [ 4.021628, 4.053102, 4.049825, 4.063272 ] }, { "date": "2026-01-09", "close": 4.07, "volume": 6272900, "typical_volume": 4624620.0, "trend": 4.090545, "fair_value": 5.805802, "relative_strength": -22.322556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.001749, "energy": 17.5213, "activity_lines": [ 4.014544, 4.057948, 4.048987, 4.061509 ] }, { "date": "2026-01-16", "close": 3.98, "volume": 5567800, "typical_volume": 4771465.0, "trend": 4.086517, "fair_value": 5.790881, "relative_strength": -23.930614, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.666253, "energy": 21.68094, "activity_lines": [ 3.991013, 4.04403, 4.039862, 4.054377 ] }, { "date": "2026-01-23", "close": 4.49, "volume": 8980100, "typical_volume": 5027865.0, "trend": 4.095337, "fair_value": 5.775212, "relative_strength": -20.172112, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.702877, "energy": 23.872915, "activity_lines": [ 4.155119, 4.120332, 4.080796, 4.080408 ] }, { "date": "2026-01-30", "close": 4.5, "volume": 7590700, "typical_volume": 5129040.0, "trend": 4.096187, "fair_value": 5.762737, "relative_strength": -20.288654, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.840761, "energy": 51.571168, "activity_lines": [ 4.29853, 4.192248, 4.120874, 4.106515 ] }, { "date": "2026-02-06", "close": 4.32, "volume": 8672200, "typical_volume": 5331670.0, "trend": 4.092634, "fair_value": 5.752343, "relative_strength": -23.369863, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.869156, "energy": 49.528304, "activity_lines": [ 4.34, 4.222262, 4.142228, 4.120955 ] }, { "date": "2026-02-13", "close": 4.08, "volume": 5491200, "typical_volume": 5453715.0, "trend": 4.088426, "fair_value": 5.741245, "relative_strength": -28.121247, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.550431, "energy": 40.594185, "activity_lines": [ 4.276, 4.203785, 4.141279, 4.12014 ] }, { "date": "2026-02-20", "close": 4.13, "volume": 3960200, "typical_volume": 5486065.0, "trend": 4.091953, "fair_value": 5.731877, "relative_strength": -28.028431, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.622419, "energy": 26.264607, "activity_lines": [ 4.228, 4.197913, 4.145784, 4.122822 ] }, { "date": "2026-02-27", "close": 4.06, "volume": 7498200, "typical_volume": 5619320.0, "trend": 4.100493, "fair_value": 5.720599, "relative_strength": -27.867204, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.123589, "energy": 12.368189, "activity_lines": [ 4.146667, 4.181396, 4.14362, 4.120761 ] }, { "date": "2026-03-06", "close": 4.06, "volume": 6765600, "typical_volume": 5676850.0, "trend": 4.105519, "fair_value": 5.708956, "relative_strength": -23.285167, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.429508, "energy": 9.188524, "activity_lines": [ 4.094, 4.166145, 4.140327, 4.118148 ] }, { "date": "2026-03-13", "close": 4.51, "volume": 11266500, "typical_volume": 5907680.0, "trend": 4.125865, "fair_value": 5.704058, "relative_strength": -13.236842, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.500714, "energy": 18.839128, "activity_lines": [ 4.220667, 4.229273, 4.178717, 4.144244 ] }, { "date": "2026-03-20", "close": 4.2, "volume": 6665100, "typical_volume": 5985295.0, "trend": 4.128212, "fair_value": 5.691486, "relative_strength": -17.793909, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.442487, "energy": 17.252435, "activity_lines": [ 4.231333, 4.225636, 4.185224, 4.149027 ] }, { "date": "2026-03-27", "close": 4.02, "volume": 6602400, "typical_volume": 6157530.0, "trend": 4.11913, "fair_value": 5.677656, "relative_strength": -22.91001, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.18805, "energy": 9.283682, "activity_lines": [ 4.174, 4.186909, 4.173341, 4.142045 ] }, { "date": "2026-04-03", "close": 4.3, "volume": 6099200, "typical_volume": 6110585.0, "trend": 4.12545, "fair_value": 5.669117, "relative_strength": -19.69948, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.3597, "energy": 21.993736, "activity_lines": [ 4.217333, 4.198364, 4.187277, 4.153714 ] }, { "date": "2026-04-10", "close": 4.63, "volume": 6750000, "typical_volume": 6236245.0, "trend": 4.140853, "fair_value": 5.657632, "relative_strength": -16.916739, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.138262, "energy": 37.712176, "activity_lines": [ 4.354667, 4.273273, 4.231922, 4.186266 ] }, { "date": "2026-04-17", "close": 4.65, "volume": 3744900, "typical_volume": 6198370.0, "trend": 4.14798, "fair_value": 5.648257, "relative_strength": -15.040281, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.732683, "energy": 50.871441, "activity_lines": [ 4.460667, 4.349455, 4.27545, 4.219114 ] }, { "date": "2026-04-24", "close": 4.3, "volume": 4834300, "typical_volume": 6099220.0, "trend": 4.150467, "fair_value": 5.636744, "relative_strength": -18.380115, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.700824, "energy": 49.254976, "activity_lines": [ 4.440667, 4.356, 4.282801, 4.228922 ] }, { "date": "2026-05-01", "close": 4.2, "volume": 3517200, "typical_volume": 6059125.0, "trend": 4.152814, "fair_value": 5.624119, "relative_strength": -17.839105, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.792466, "energy": 38.392779, "activity_lines": [ 4.380667, 4.340364, 4.280501, 4.232117 ] }, { "date": "2026-05-08", "close": 4.46, "volume": 4294300, "typical_volume": 6120735.0, "trend": 4.174049, "fair_value": 5.617137, "relative_strength": -10.291792, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.228656, "energy": 27.56523, "activity_lines": [ 4.395333, 4.370727, 4.303175, 4.251936 ] }, { "date": "2026-05-15", "close": 3.88, "volume": 9231000, "typical_volume": 6383710.0, "trend": 4.176269, "fair_value": 5.604309, "relative_strength": -18.114638, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.433488, "energy": 10.454986, "activity_lines": [ 4.206, 4.288364, 4.269038, 4.232965 ] }, { "date": "2026-05-22", "close": 4.06, "volume": 4431600, "typical_volume": 6411770.0, "trend": 4.177782, "fair_value": 5.591963, "relative_strength": -13.091213, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.810605, "energy": 15.294911, "activity_lines": [ 4.126667, 4.242, 4.252, 4.225464 ] }, { "date": "2026-05-29", "close": 4.07, "volume": 2925100, "typical_volume": 6244380.0, "trend": 4.182184, "fair_value": 5.579737, "relative_strength": -11.04451, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.870755, "energy": 16.409205, "activity_lines": [ 4.09, 4.205636, 4.235333, 4.21851 ] }, { "date": "2026-06-05", "close": 3.66, "volume": 1185700, "typical_volume": 6025275.0, "trend": 4.176113, "fair_value": 5.560961, "relative_strength": -17.176093, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.609602, "energy": 43.290709, "activity_lines": [ 3.932, 4.097091, 4.179619, 4.184821 ] }, { "date": "2026-06-12", "close": 3.64, "volume": 1362400, "typical_volume": 5644390.0, "trend": 4.159154, "fair_value": 5.534103, "relative_strength": -18.051067, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.047367, "energy": 65.375633, "activity_lines": [ 3.803333, 3.991455, 4.123524, 4.150233 ] }, { "date": "2026-06-19", "close": 4.0, "volume": 2626800, "typical_volume": 5396195.0, "trend": 4.159306, "fair_value": 5.508432, "relative_strength": -8.159771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.786031, "energy": 54.928668, "activity_lines": [ 3.849333, 3.963273, 4.105762, 4.139965 ] }, { "date": "2026-06-26", "close": 3.99, "volume": 374600, "typical_volume": 4981315.0, "trend": 4.157209, "fair_value": 5.48236, "relative_strength": -10.360382, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.696696, "energy": 49.242683, "activity_lines": [ 3.884, 3.944727, 4.089429, 4.129042 ] }, { "date": "2026-07-03", "close": 3.92, "volume": 353000, "typical_volume": 4724405.0, "trend": 4.145432, "fair_value": 5.456737, "relative_strength": -11.82078, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.769832, "energy": 31.329816, "activity_lines": [ 3.9, 3.925455, 4.068, 4.113738 ] }, { "date": "2026-07-10", "close": 3.97, "volume": 3072900, "typical_volume": 4680040.0, "trend": 4.13628, "fair_value": 5.436139, "relative_strength": -11.826642, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.177484, "energy": 18.752868, "activity_lines": [ 3.942667, 3.922182, 4.052095, 4.10242 ] }, { "date": "2026-07-17", "close": 3.8, "volume": 2277000, "typical_volume": 4418980.0, "trend": 4.125294, "fair_value": 5.41406, "relative_strength": -12.946244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.714245, "energy": 23.807538, "activity_lines": [ 3.908, 3.892182, 4.020762, 4.080724 ] }, { "date": "2026-07-24", "close": 3.55, "volume": 2187800, "typical_volume": 4190090.0, "trend": 4.114598, "fair_value": 5.390209, "relative_strength": -18.217059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.454943, "energy": 45.813572, "activity_lines": [ 3.779333, 3.828727, 3.966857, 4.043608 ] }, { "date": "2026-07-31", "close": 3.55, "volume": 2666400, "typical_volume": 3760085.0, "trend": 4.101667, "fair_value": 5.364287, "relative_strength": -19.490232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.447679, "energy": 57.811216, "activity_lines": [ 3.680667, 3.771273, 3.915381, 4.007183 ] }, { "date": "2026-08-07", "close": 3.53, "volume": 2917000, "typical_volume": 3572680.0, "trend": 4.083667, "fair_value": 5.34014, "relative_strength": -16.862273, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.236614, "energy": 68.175054, "activity_lines": [ 3.604667, 3.719455, 3.866571, 3.970301 ] } ], "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." } } }