{ "ticker": { "uuid": "9234390c-4513-464f-ab41-184d2740825e", "symbol": "CHEWA", "name": "Chewathai Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -70.305, "architecture_energy": 62.083, "architecture_maturity": 76.007, "architecture_confidence": 80.521, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 3.63, "rotation_up": 13.97, "upward_expansion": 10.86, "deceleration": 43.72, "rotation_down": 73.47, "downward_expansion": 88.86 }, "activity_lines": [ 0.144, 0.150545, 0.160619, 0.167806 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 0.14, "trend_reference": 0.180667, "distance_from_trend": -0.225092, "trend_direction": "Weakening", "fair_value": 0.354551, "distance_from_fair_value": -0.605135, "fair_value_direction": "Weakening", "relative_strength": -48.500677, "relative_strength_direction": "Weakening", "price_momentum": -0.333333, "excess_performance": -0.525658, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.225092, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.167435, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.605135, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.06024, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.485007, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.093191, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.333333, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.0, "read": "Supply-led" } ], "volume": { "latest": 607400, "relative_activity": 0.504261, "balance": 0.0, "dry_up": 0.806971, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.126374, "annualized_volatility": 0.259922, "from_high_reference": -0.666667, "from_low_reference": 0.0 }, "levels": { "trend_reference": 0.180667, "fair_value_reference": 0.354551, "structural_low": 0.14, "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": 40, "median_return": -0.035929, "positive_rate": 0.25, "directional_follow_through": 0.625, "median_excess_return": -0.021276, "regime_survival": 0.9, "best_return": 0.195122, "worst_return": -0.166667, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": -0.095455, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.080098, "regime_survival": 0.714286, "best_return": 0.424242, "worst_return": -0.3125, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.183565, "positive_rate": 0.125, "directional_follow_through": 0.875, "median_excess_return": -0.115143, "regime_survival": 0.75, "best_return": 0.016841, "worst_return": -0.375, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.293715, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.285041, "regime_survival": 0.75, "best_return": -0.170379, "worst_return": -0.458333, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-23", "end": "2024-05-03", "tenure": "Developing", "return": -0.058824, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-10", "end": "2024-09-13", "tenure": "Established", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-20", "end": "2024-11-15", "tenure": "Developing", "return": -0.24, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": 0.081081, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": -0.175, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-05-23", "tenure": "Established", "return": -0.277778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": -0.038462, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-08-01", "tenure": "Developing", "return": 0.04, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-12", "tenure": "Developing", "return": 0.259259, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-11-14", "tenure": "Developing", "return": -0.212121, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": -0.074074, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-16", "tenure": "New", "return": -0.038462, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-08-07", "tenure": "Extended", "return": -0.416667, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 0.57, "volume": 339600, "typical_volume": 1474440.0, "trend": 0.677267, "fair_value": 0.763456, "relative_strength": -17.491566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.486831, "energy": 80.115389, "activity_lines": [ 0.597333, 0.618727, 0.643857, 0.65784 ] }, { "date": "2023-08-25", "close": 0.64, "volume": 9934100, "typical_volume": 1753285.0, "trend": 0.674552, "fair_value": 0.765013, "relative_strength": -9.553436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.585455, "energy": 46.45875, "activity_lines": [ 0.608, 0.619455, 0.641762, 0.655436 ] }, { "date": "2023-09-01", "close": 0.64, "volume": 2038500, "typical_volume": 1830565.0, "trend": 0.671512, "fair_value": 0.766332, "relative_strength": -9.379787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.456101, "energy": 37.110385, "activity_lines": [ 0.618, 0.621091, 0.64, 0.653206 ] }, { "date": "2023-09-08", "close": 0.63, "volume": 2868100, "typical_volume": 1850055.0, "trend": 0.666839, "fair_value": 0.767646, "relative_strength": -9.449609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.029861, "energy": 25.182692, "activity_lines": [ 0.624, 0.621273, 0.637619, 0.650528 ] }, { "date": "2023-09-15", "close": 0.6, "volume": 1190700, "typical_volume": 1818580.0, "trend": 0.66279, "fair_value": 0.768473, "relative_strength": -12.918918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.546622, "energy": 22.146625, "activity_lines": [ 0.619333, 0.616545, 0.632714, 0.646216 ] }, { "date": "2023-09-22", "close": 0.58, "volume": 642700, "typical_volume": 1809825.0, "trend": 0.6584, "fair_value": 0.769407, "relative_strength": -14.034027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.299264, "energy": 35.024873, "activity_lines": [ 0.607333, 0.609455, 0.626238, 0.640875 ] }, { "date": "2023-09-29", "close": 0.58, "volume": 1168200, "typical_volume": 1824130.0, "trend": 0.65466, "fair_value": 0.770164, "relative_strength": -10.431526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.981472, "energy": 45.998807, "activity_lines": [ 0.594667, 0.603455, 0.620286, 0.635817 ] }, { "date": "2023-10-06", "close": 0.57, "volume": 1014600, "typical_volume": 1815445.0, "trend": 0.650587, "fair_value": 0.77068, "relative_strength": -9.523417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.079659, "energy": 60.515246, "activity_lines": [ 0.582667, 0.596545, 0.613905, 0.630355 ] }, { "date": "2023-10-13", "close": 0.59, "volume": 305800, "typical_volume": 1734145.0, "trend": 0.647505, "fair_value": 0.771501, "relative_strength": -6.761955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.748604, "energy": 55.316972, "activity_lines": [ 0.582, 0.594364, 0.609857, 0.626446 ] }, { "date": "2023-10-20", "close": 0.55, "volume": 528400, "typical_volume": 1741835.0, "trend": 0.64374, "fair_value": 0.772243, "relative_strength": -9.404941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.462946, "energy": 59.628217, "activity_lines": [ 0.570667, 0.585455, 0.602429, 0.620155 ] }, { "date": "2023-10-27", "close": 0.51, "volume": 623800, "typical_volume": 1512055.0, "trend": 0.637667, "fair_value": 0.772611, "relative_strength": -14.782371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.267554, "energy": 67.713632, "activity_lines": [ 0.549333, 0.57, 0.59181, 0.611527 ] }, { "date": "2023-11-03", "close": 0.54, "volume": 548300, "typical_volume": 1504515.0, "trend": 0.632, "fair_value": 0.77323, "relative_strength": -11.261955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.943724, "energy": 57.916428, "activity_lines": [ 0.542667, 0.561091, 0.584905, 0.605226 ] }, { "date": "2023-11-10", "close": 0.53, "volume": 690900, "typical_volume": 1515040.0, "trend": 0.626, "fair_value": 0.773666, "relative_strength": -10.608312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.104063, "energy": 67.588266, "activity_lines": [ 0.535333, 0.552182, 0.577762, 0.598645 ] }, { "date": "2023-11-17", "close": 0.52, "volume": 793700, "typical_volume": 1512700.0, "trend": 0.62, "fair_value": 0.774039, "relative_strength": -13.564776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.93632, "energy": 65.770164, "activity_lines": [ 0.527333, 0.543455, 0.570286, 0.591806 ] }, { "date": "2023-11-24", "close": 0.51, "volume": 307500, "typical_volume": 1484735.0, "trend": 0.614667, "fair_value": 0.774288, "relative_strength": -13.730431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.811841, "energy": 71.354085, "activity_lines": [ 0.520667, 0.534909, 0.562524, 0.58471 ] }, { "date": "2023-12-01", "close": 0.51, "volume": 254400, "typical_volume": 1450515.0, "trend": 0.608667, "fair_value": 0.774537, "relative_strength": -12.310416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.637345, "energy": 70.182608, "activity_lines": [ 0.516667, 0.528, 0.555524, 0.577957 ] }, { "date": "2023-12-08", "close": 0.51, "volume": 924500, "typical_volume": 1465380.0, "trend": 0.602667, "fair_value": 0.774905, "relative_strength": -11.979179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.054607, "energy": 65.867791, "activity_lines": [ 0.512667, 0.522364, 0.549143, 0.571591 ] }, { "date": "2023-12-15", "close": 0.5, "volume": 688400, "typical_volume": 1466725.0, "trend": 0.597333, "fair_value": 0.774853, "relative_strength": -13.940534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.891935, "energy": 71.272754, "activity_lines": [ 0.507333, 0.516182, 0.542381, 0.564968 ] }, { "date": "2023-12-22", "close": 0.5, "volume": 1124100, "typical_volume": 1480240.0, "trend": 0.591333, "fair_value": 0.774919, "relative_strength": -14.446514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.578684, "energy": 54.550848, "activity_lines": [ 0.504, 0.511273, 0.536238, 0.558688 ] }, { "date": "2023-12-29", "close": 0.49, "volume": 1346200, "typical_volume": 1366625.0, "trend": 0.585, "fair_value": 0.77504, "relative_strength": -16.438886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.600632, "energy": 55.156395, "activity_lines": [ 0.498667, 0.506182, 0.529714, 0.552151 ] }, { "date": "2024-01-05", "close": 0.5, "volume": 939500, "typical_volume": 1396620.0, "trend": 0.578667, "fair_value": 0.775225, "relative_strength": -15.138055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.215229, "energy": 49.830972, "activity_lines": [ 0.498, 0.504, 0.524619, 0.546667 ] }, { "date": "2024-01-12", "close": 0.51, "volume": 4654900, "typical_volume": 1132660.0, "trend": 0.572667, "fair_value": 0.775474, "relative_strength": -12.206985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.081092, "energy": 42.541009, "activity_lines": [ 0.501333, 0.503818, 0.52081, 0.542237 ] }, { "date": "2024-01-19", "close": 0.5, "volume": 1140000, "typical_volume": 1087735.0, "trend": 0.567333, "fair_value": 0.7756, "relative_strength": -11.641961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.575371, "energy": 39.845165, "activity_lines": [ 0.501333, 0.502364, 0.516667, 0.537548 ] }, { "date": "2024-01-26", "close": 0.49, "volume": 678700, "typical_volume": 978265.0, "trend": 0.561667, "fair_value": 0.77584, "relative_strength": -12.207603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.40597, "energy": 41.228655, "activity_lines": [ 0.498, 0.499636, 0.512238, 0.532559 ] }, { "date": "2024-02-02", "close": 0.5, "volume": 705800, "typical_volume": 954020.0, "trend": 0.556, "fair_value": 0.776084, "relative_strength": -11.146108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.657534, "energy": 35.853101, "activity_lines": [ 0.498667, 0.499273, 0.509429, 0.528581 ] }, { "date": "2024-02-09", "close": 0.53, "volume": 7255000, "typical_volume": 1284635.0, "trend": 0.552333, "fair_value": 0.776402, "relative_strength": -5.744974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.015709, "energy": 21.832896, "activity_lines": [ 0.508667, 0.504545, 0.509952, 0.526903 ] }, { "date": "2024-02-16", "close": 0.56, "volume": 45354200, "typical_volume": 3493935.0, "trend": 0.55, "fair_value": 0.776912, "relative_strength": -0.10316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.284518, "energy": 7.919718, "activity_lines": [ 0.526667, 0.514909, 0.513571, 0.527398 ] }, { "date": "2024-02-23", "close": 0.51, "volume": 4218400, "typical_volume": 3654125.0, "trend": 0.546, "fair_value": 0.777043, "relative_strength": -9.490241, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.363197, "energy": 14.425586, "activity_lines": [ 0.524667, 0.515273, 0.512524, 0.524817 ] }, { "date": "2024-03-01", "close": 0.5, "volume": 1683400, "typical_volume": 3723005.0, "trend": 0.542, "fair_value": 0.776636, "relative_strength": -8.988645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.918053, "energy": 15.161674, "activity_lines": [ 0.518667, 0.513636, 0.51081, 0.521849 ] }, { "date": "2024-03-08", "close": 0.52, "volume": 3317100, "typical_volume": 3862440.0, "trend": 0.539667, "fair_value": 0.776357, "relative_strength": -6.386996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.261045, "energy": 10.033835, "activity_lines": [ 0.518667, 0.515636, 0.511429, 0.52043 ] }, { "date": "2024-03-15", "close": 0.54, "volume": 2174200, "typical_volume": 3939960.0, "trend": 0.538667, "fair_value": 0.776029, "relative_strength": -2.540717, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.345243, "energy": 4.847683, "activity_lines": [ 0.524, 0.520727, 0.514095, 0.520452 ] }, { "date": "2024-03-22", "close": 0.55, "volume": 20481100, "typical_volume": 4936600.0, "trend": 0.535667, "fair_value": 0.774876, "relative_strength": -0.289154, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.515363, "energy": 6.602994, "activity_lines": [ 0.532, 0.526909, 0.517571, 0.521183 ] }, { "date": "2024-03-29", "close": 0.51, "volume": 1675400, "typical_volume": 4985825.0, "trend": 0.531333, "fair_value": 0.773171, "relative_strength": -7.064164, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.385806, "energy": 11.163869, "activity_lines": [ 0.527333, 0.525091, 0.51719, 0.519527 ] }, { "date": "2024-04-05", "close": 0.51, "volume": 1540200, "typical_volume": 5023150.0, "trend": 0.527333, "fair_value": 0.771635, "relative_strength": -6.546189, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.638475, "energy": 12.939341, "activity_lines": [ 0.522667, 0.523091, 0.516905, 0.518151 ] }, { "date": "2024-04-12", "close": 0.5, "volume": 202600, "typical_volume": 5017905.0, "trend": 0.524, "fair_value": 0.770339, "relative_strength": -9.357942, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.584595, "energy": 15.348204, "activity_lines": [ 0.514, 0.518909, 0.515714, 0.516387 ] }, { "date": "2024-04-19", "close": 0.51, "volume": 178500, "typical_volume": 5014110.0, "trend": 0.521667, "fair_value": 0.767647, "relative_strength": -2.768301, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.950419, "energy": 15.048854, "activity_lines": [ 0.51, 0.516545, 0.515524, 0.515484 ] }, { "date": "2024-04-26", "close": 0.46, "volume": 1025100, "typical_volume": 5019140.0, "trend": 0.517667, "fair_value": 0.764513, "relative_strength": -13.676226, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.839532, "energy": 42.46615, "activity_lines": [ 0.491333, 0.505455, 0.510571, 0.511505 ] }, { "date": "2024-05-03", "close": 0.48, "volume": 1054800, "typical_volume": 5037460.0, "trend": 0.514667, "fair_value": 0.76096, "relative_strength": -10.139884, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.864772, "energy": 45.166143, "activity_lines": [ 0.485333, 0.499818, 0.507762, 0.509075 ] }, { "date": "2024-05-10", "close": 0.48, "volume": 192000, "typical_volume": 4990855.0, "trend": 0.511, "fair_value": 0.757467, "relative_strength": -9.860373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.300486, "energy": 47.976757, "activity_lines": [ 0.481333, 0.494727, 0.505048, 0.506839 ] }, { "date": "2024-05-17", "close": 0.46, "volume": 1275800, "typical_volume": 4987335.0, "trend": 0.508, "fair_value": 0.753847, "relative_strength": -13.850103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.496058, "energy": 59.931951, "activity_lines": [ 0.472667, 0.486364, 0.500524, 0.503548 ] }, { "date": "2024-05-24", "close": 0.49, "volume": 1113500, "typical_volume": 4996035.0, "trend": 0.507333, "fair_value": 0.750419, "relative_strength": -6.611867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.709294, "energy": 43.414318, "activity_lines": [ 0.476667, 0.484545, 0.499, 0.502387 ] }, { "date": "2024-05-31", "close": 0.48, "volume": 1376100, "typical_volume": 4832095.0, "trend": 0.505333, "fair_value": 0.746865, "relative_strength": -6.831104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.258826, "energy": 34.754111, "activity_lines": [ 0.478667, 0.481818, 0.496571, 0.500624 ] }, { "date": "2024-06-07", "close": 0.46, "volume": 2570500, "typical_volume": 4903620.0, "trend": 0.503, "fair_value": 0.743123, "relative_strength": -9.399098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.707672, "energy": 40.055004, "activity_lines": [ 0.472667, 0.476727, 0.492381, 0.497699 ] }, { "date": "2024-06-14", "close": 0.39, "volume": 3166700, "typical_volume": 5028020.0, "trend": 0.498667, "fair_value": 0.739115, "relative_strength": -21.073379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.067704, "energy": 65.27405, "activity_lines": [ 0.444667, 0.459818, 0.481714, 0.490409 ] }, { "date": "2024-06-21", "close": 0.38, "volume": 78000, "typical_volume": 4996630.0, "trend": 0.494333, "fair_value": 0.735407, "relative_strength": -22.507037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.203669, "energy": 87.215441, "activity_lines": [ 0.419333, 0.443273, 0.470571, 0.482753 ] }, { "date": "2024-06-28", "close": 0.39, "volume": 215400, "typical_volume": 4644650.0, "trend": 0.490333, "fair_value": 0.731581, "relative_strength": -19.560425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.493719, "energy": 89.991928, "activity_lines": [ 0.402667, 0.430727, 0.460952, 0.476022 ] }, { "date": "2024-07-05", "close": 0.4, "volume": 1282300, "typical_volume": 2441055.0, "trend": 0.486667, "fair_value": 0.728245, "relative_strength": -17.576331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.005536, "energy": 85.121816, "activity_lines": [ 0.396, 0.422182, 0.452952, 0.470194 ] }, { "date": "2024-07-12", "close": 0.4, "volume": 6516800, "typical_volume": 2555975.0, "trend": 0.483333, "fair_value": 0.724909, "relative_strength": -18.3016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.351398, "energy": 77.05896, "activity_lines": [ 0.394667, 0.414727, 0.445714, 0.464602 ] }, { "date": "2024-07-19", "close": 0.36, "volume": 1447800, "typical_volume": 2544195.0, "trend": 0.478667, "fair_value": 0.72162, "relative_strength": -25.096302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.856782, "energy": 61.797306, "activity_lines": [ 0.384, 0.401455, 0.43519, 0.456645 ] }, { "date": "2024-07-26", "close": 0.36, "volume": 705900, "typical_volume": 2413635.0, "trend": 0.474333, "fair_value": 0.719062, "relative_strength": -23.995245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.104025, "energy": 61.556188, "activity_lines": [ 0.375333, 0.390364, 0.425333, 0.448989 ] }, { "date": "2024-08-02", "close": 0.35, "volume": 78500, "typical_volume": 2308850.0, "trend": 0.469333, "fair_value": 0.716561, "relative_strength": -25.891845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.799149, "energy": 64.281125, "activity_lines": [ 0.364667, 0.379273, 0.415286, 0.440968 ] }, { "date": "2024-08-09", "close": 0.33, "volume": 1171800, "typical_volume": 1343385.0, "trend": 0.463333, "fair_value": 0.71381, "relative_strength": -28.769393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.66267, "energy": 78.013551, "activity_lines": [ 0.35, 0.367091, 0.404238, 0.431978 ] }, { "date": "2024-08-16", "close": 0.31, "volume": 1737400, "typical_volume": 1346485.0, "trend": 0.457, "fair_value": 0.710992, "relative_strength": -32.894845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.704047, "energy": 83.627737, "activity_lines": [ 0.333333, 0.354, 0.392333, 0.422086 ] }, { "date": "2024-08-23", "close": 0.39, "volume": 3656700, "typical_volume": 1452310.0, "trend": 0.453667, "fair_value": 0.708261, "relative_strength": -18.266995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.618854, "energy": 53.45457, "activity_lines": [ 0.349333, 0.358182, 0.389, 0.417763 ] }, { "date": "2024-08-30", "close": 0.41, "volume": 3740500, "typical_volume": 1629205.0, "trend": 0.450667, "fair_value": 0.70505, "relative_strength": -13.832077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.175563, "energy": 35.348171, "activity_lines": [ 0.37, 0.366, 0.388143, 0.414946 ] }, { "date": "2024-09-06", "close": 0.44, "volume": 2740400, "typical_volume": 1757300.0, "trend": 0.447667, "fair_value": 0.701544, "relative_strength": -11.487314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.477703, "energy": 18.061217, "activity_lines": [ 0.397333, 0.378727, 0.390571, 0.414258 ] }, { "date": "2024-09-13", "close": 0.48, "volume": 2141200, "typical_volume": 1813105.0, "trend": 0.445, "fair_value": 0.698356, "relative_strength": -2.941048, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.102918, "energy": 29.536579, "activity_lines": [ 0.432, 0.397818, 0.397143, 0.416344 ] }, { "date": "2024-09-20", "close": 0.5, "volume": 4163700, "typical_volume": 1968550.0, "trend": 0.444667, "fair_value": 0.695174, "relative_strength": -0.59725, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.67021, "energy": 44.311705, "activity_lines": [ 0.463333, 0.419091, 0.405524, 0.419892 ] }, { "date": "2024-09-27", "close": 0.49, "volume": 745200, "typical_volume": 1996210.0, "trend": 0.444333, "fair_value": 0.692111, "relative_strength": -2.176309, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.681235, "energy": 53.325959, "activity_lines": [ 0.478667, 0.436727, 0.412857, 0.422817 ] }, { "date": "2024-10-04", "close": 0.48, "volume": 29993700, "typical_volume": 3432105.0, "trend": 0.443, "fair_value": 0.688923, "relative_strength": -3.437668, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.690701, "energy": 53.196832, "activity_lines": [ 0.484, 0.450182, 0.41919, 0.425118 ] }, { "date": "2024-10-11", "close": 0.48, "volume": 3478400, "typical_volume": 3550350.0, "trend": 0.441, "fair_value": 0.685552, "relative_strength": -4.708716, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.821044, "energy": 47.756625, "activity_lines": [ 0.484667, 0.461455, 0.425429, 0.427505 ] }, { "date": "2024-10-18", "close": 0.47, "volume": 4512100, "typical_volume": 3707150.0, "trend": 0.438333, "fair_value": 0.681083, "relative_strength": -7.526425, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.260483, "energy": 29.7867, "activity_lines": [ 0.479333, 0.468545, 0.430762, 0.429376 ] }, { "date": "2024-10-25", "close": 0.47, "volume": 861600, "typical_volume": 3621705.0, "trend": 0.437, "fair_value": 0.676979, "relative_strength": -5.612353, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.381636, "energy": 23.325418, "activity_lines": [ 0.474667, 0.473091, 0.436143, 0.431419 ] }, { "date": "2024-11-01", "close": 0.48, "volume": 223900, "typical_volume": 3474565.0, "trend": 0.436, "fair_value": 0.673183, "relative_strength": -3.366672, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.46759, "energy": 18.236096, "activity_lines": [ 0.475333, 0.476545, 0.442429, 0.434194 ] }, { "date": "2024-11-08", "close": 0.47, "volume": 3214500, "typical_volume": 3631390.0, "trend": 0.435, "fair_value": 0.669444, "relative_strength": -5.087813, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 38.62445, "energy": 23.306758, "activity_lines": [ 0.473333, 0.476545, 0.447333, 0.436387 ] }, { "date": "2024-11-15", "close": 0.38, "volume": 3317600, "typical_volume": 3786500.0, "trend": 0.430667, "fair_value": 0.665189, "relative_strength": -21.625958, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 11.654003, "energy": 11.062183, "activity_lines": [ 0.442, 0.459091, 0.443238, 0.432839 ] }, { "date": "2024-11-22", "close": 0.37, "volume": 2225300, "typical_volume": 3833650.0, "trend": 0.427667, "fair_value": 0.661174, "relative_strength": -23.403784, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.13327, "energy": 18.995728, "activity_lines": [ 0.414, 0.440909, 0.438238, 0.428925 ] }, { "date": "2024-11-29", "close": 0.4, "volume": 3062000, "typical_volume": 3660910.0, "trend": 0.425, "fair_value": 0.657533, "relative_strength": -15.671576, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.504238, "energy": 23.552175, "activity_lines": [ 0.402667, 0.430182, 0.436238, 0.42714 ] }, { "date": "2024-12-06", "close": 0.4, "volume": 1373600, "typical_volume": 3657200.0, "trend": 0.422333, "fair_value": 0.653772, "relative_strength": -16.637253, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.988593, "energy": 26.765456, "activity_lines": [ 0.396, 0.421273, 0.434238, 0.425527 ] }, { "date": "2024-12-13", "close": 0.4, "volume": 112400, "typical_volume": 3627525.0, "trend": 0.420333, "fair_value": 0.649888, "relative_strength": -15.060137, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.81497, "energy": 33.509411, "activity_lines": [ 0.394667, 0.414, 0.432048, 0.424086 ] }, { "date": "2024-12-20", "close": 0.34, "volume": 5135100, "typical_volume": 3880355.0, "trend": 0.415333, "fair_value": 0.645863, "relative_strength": -23.802947, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.969573, "energy": 41.394659, "activity_lines": [ 0.378, 0.397273, 0.423952, 0.418903 ] }, { "date": "2024-12-27", "close": 0.36, "volume": 1153300, "typical_volume": 3879430.0, "trend": 0.411333, "fair_value": 0.641906, "relative_strength": -21.001066, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.234772, "energy": 36.027059, "activity_lines": [ 0.370667, 0.386727, 0.41781, 0.415333 ] }, { "date": "2025-01-03", "close": 0.36, "volume": 223200, "typical_volume": 3803720.0, "trend": 0.408, "fair_value": 0.637948, "relative_strength": -19.619665, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.828735, "energy": 42.547633, "activity_lines": [ 0.364, 0.378182, 0.411524, 0.412022 ] }, { "date": "2025-01-10", "close": 0.35, "volume": 1325400, "typical_volume": 3687155.0, "trend": 0.406667, "fair_value": 0.633744, "relative_strength": -20.397719, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.520344, "energy": 48.535327, "activity_lines": [ 0.356667, 0.369818, 0.404048, 0.40828 ] }, { "date": "2025-01-17", "close": 0.33, "volume": 264600, "typical_volume": 3513360.0, "trend": 0.405, "fair_value": 0.629169, "relative_strength": -22.881729, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.061903, "energy": 63.475063, "activity_lines": [ 0.346, 0.360182, 0.394857, 0.403333 ] }, { "date": "2025-01-24", "close": 0.36, "volume": 530300, "typical_volume": 3402855.0, "trend": 0.404, "fair_value": 0.62515, "relative_strength": -16.24031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.380685, "energy": 50.935666, "activity_lines": [ 0.35, 0.358545, 0.388905, 0.40043 ] }, { "date": "2025-01-31", "close": 0.37, "volume": 261900, "typical_volume": 3308890.0, "trend": 0.403, "fair_value": 0.621196, "relative_strength": -10.891542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.707113, "energy": 36.484656, "activity_lines": [ 0.356, 0.359091, 0.384286, 0.398237 ] }, { "date": "2025-02-07", "close": 0.34, "volume": 459600, "typical_volume": 3123685.0, "trend": 0.401, "fair_value": 0.617171, "relative_strength": -15.446659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.239435, "energy": 38.424584, "activity_lines": [ 0.351333, 0.354182, 0.377333, 0.394172 ] }, { "date": "2025-02-14", "close": 0.29, "volume": 1109700, "typical_volume": 3141910.0, "trend": 0.398667, "fair_value": 0.612704, "relative_strength": -26.521711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.677871, "energy": 54.415237, "activity_lines": [ 0.331333, 0.341273, 0.366381, 0.387011 ] }, { "date": "2025-02-21", "close": 0.3, "volume": 1489500, "typical_volume": 1716700.0, "trend": 0.396667, "fair_value": 0.608362, "relative_strength": -21.807644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.516485, "energy": 69.635829, "activity_lines": [ 0.318667, 0.332182, 0.357333, 0.380645 ] }, { "date": "2025-02-28", "close": 0.28, "volume": 654400, "typical_volume": 1575500.0, "trend": 0.394333, "fair_value": 0.604013, "relative_strength": -23.811225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.144106, "energy": 82.257785, "activity_lines": [ 0.301333, 0.321273, 0.347238, 0.373118 ] }, { "date": "2025-03-07", "close": 0.28, "volume": 2001200, "typical_volume": 1449955.0, "trend": 0.392667, "fair_value": 0.599726, "relative_strength": -23.014919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.03308, "energy": 84.042766, "activity_lines": [ 0.289333, 0.311455, 0.338095, 0.365742 ] }, { "date": "2025-03-14", "close": 0.27, "volume": 646400, "typical_volume": 1439195.0, "trend": 0.391333, "fair_value": 0.595556, "relative_strength": -23.197516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.478422, "energy": 83.059125, "activity_lines": [ 0.28, 0.301273, 0.328905, 0.357828 ] }, { "date": "2025-03-21", "close": 0.28, "volume": 482100, "typical_volume": 1452105.0, "trend": 0.387667, "fair_value": 0.591451, "relative_strength": -20.385917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.660336, "energy": 83.685075, "activity_lines": [ 0.278667, 0.294545, 0.321619, 0.350645 ] }, { "date": "2025-03-28", "close": 0.28, "volume": 764100, "typical_volume": 1329585.0, "trend": 0.383333, "fair_value": 0.587285, "relative_strength": -18.936224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.780213, "energy": 64.135804, "activity_lines": [ 0.278, 0.289091, 0.315286, 0.343699 ] }, { "date": "2025-04-04", "close": 0.26, "volume": 1235100, "typical_volume": 1225460.0, "trend": 0.377333, "fair_value": 0.583051, "relative_strength": -20.640103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.605737, "energy": 59.978059, "activity_lines": [ 0.272, 0.280909, 0.307952, 0.335742 ] }, { "date": "2025-04-11", "close": 0.25, "volume": 576000, "typical_volume": 1142995.0, "trend": 0.369667, "fair_value": 0.579154, "relative_strength": -23.233231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.680686, "energy": 59.837676, "activity_lines": [ 0.264, 0.272727, 0.300238, 0.327527 ] }, { "date": "2025-04-18", "close": 0.24, "volume": 220400, "typical_volume": 1000915.0, "trend": 0.361, "fair_value": 0.574943, "relative_strength": -26.881552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.020687, "energy": 62.238402, "activity_lines": [ 0.254667, 0.264909, 0.292143, 0.319161 ] }, { "date": "2025-04-25", "close": 0.26, "volume": 95700, "typical_volume": 937020.0, "trend": 0.353333, "fair_value": 0.570922, "relative_strength": -20.729585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.749784, "energy": 58.926799, "activity_lines": [ 0.254, 0.262545, 0.286714, 0.312645 ] }, { "date": "2025-05-02", "close": 0.26, "volume": 123900, "typical_volume": 937595.0, "trend": 0.346, "fair_value": 0.56734, "relative_strength": -22.671155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.699754, "energy": 55.335678, "activity_lines": [ 0.254667, 0.260727, 0.281952, 0.306624 ] }, { "date": "2025-05-09", "close": 0.26, "volume": 712400, "typical_volume": 716460.0, "trend": 0.338667, "fair_value": 0.564069, "relative_strength": -22.718536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.281935, "energy": 51.316365, "activity_lines": [ 0.256667, 0.259636, 0.277857, 0.301075 ] }, { "date": "2025-05-16", "close": 0.25, "volume": 892200, "typical_volume": 703405.0, "trend": 0.331333, "fair_value": 0.560484, "relative_strength": -24.098737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.37076, "energy": 50.543427, "activity_lines": [ 0.255333, 0.257091, 0.27319, 0.295355 ] }, { "date": "2025-05-23", "close": 0.26, "volume": 854700, "typical_volume": 734980.0, "trend": 0.324333, "fair_value": 0.556839, "relative_strength": -18.979102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.007489, "energy": 40.196985, "activity_lines": [ 0.257333, 0.256909, 0.27, 0.290753 ] }, { "date": "2025-05-30", "close": 0.26, "volume": 274400, "typical_volume": 682430.0, "trend": 0.317, "fair_value": 0.553131, "relative_strength": -16.293026, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.337909, "energy": 36.960569, "activity_lines": [ 0.258, 0.256909, 0.267286, 0.286602 ] }, { "date": "2025-06-06", "close": 0.25, "volume": 372400, "typical_volume": 687820.0, "trend": 0.309667, "fair_value": 0.549296, "relative_strength": -17.878168, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -59.853649, "energy": 42.13555, "activity_lines": [ 0.255333, 0.255455, 0.264048, 0.28228 ] }, { "date": "2025-06-13", "close": 0.25, "volume": 151600, "typical_volume": 668885.0, "trend": 0.305333, "fair_value": 0.545899, "relative_strength": -16.418943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.929122, "energy": 39.57045, "activity_lines": [ 0.253333, 0.254545, 0.26119, 0.27843 ] }, { "date": "2025-06-20", "close": 0.24, "volume": 251600, "typical_volume": 668370.0, "trend": 0.301, "fair_value": 0.542626, "relative_strength": -15.219034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.457873, "energy": 44.591776, "activity_lines": [ 0.248667, 0.252, 0.257905, 0.274215 ] }, { "date": "2025-06-27", "close": 0.24, "volume": 338300, "typical_volume": 662305.0, "trend": 0.295667, "fair_value": 0.539477, "relative_strength": -15.901385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.086957, "energy": 50.868964, "activity_lines": [ 0.244667, 0.249636, 0.255238, 0.27028 ] }, { "date": "2025-07-04", "close": 0.24, "volume": 257200, "typical_volume": 619680.0, "trend": 0.290333, "fair_value": 0.536516, "relative_strength": -18.178219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.082648, "energy": 58.384314, "activity_lines": [ 0.242, 0.247273, 0.253048, 0.266688 ] }, { "date": "2025-07-11", "close": 0.25, "volume": 100700, "typical_volume": 550240.0, "trend": 0.285333, "fair_value": 0.533494, "relative_strength": -14.373436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.368738, "energy": 45.747263, "activity_lines": [ 0.244, 0.247091, 0.252048, 0.264086 ] }, { "date": "2025-07-18", "close": 0.26, "volume": 1003200, "typical_volume": 567680.0, "trend": 0.282667, "fair_value": 0.530661, "relative_strength": -16.900106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.266793, "energy": 27.518207, "activity_lines": [ 0.249333, 0.248909, 0.252238, 0.262452 ] }, { "date": "2025-07-25", "close": 0.25, "volume": 949700, "typical_volume": 515105.0, "trend": 0.279, "fair_value": 0.527826, "relative_strength": -20.376825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.334753, "energy": 20.631119, "activity_lines": [ 0.250667, 0.248909, 0.251571, 0.260344 ] }, { "date": "2025-08-01", "close": 0.26, "volume": 388400, "typical_volume": 502205.0, "trend": 0.275667, "fair_value": 0.524931, "relative_strength": -16.943052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.454574, "energy": 15.608495, "activity_lines": [ 0.254667, 0.250727, 0.252, 0.259118 ] }, { "date": "2025-08-08", "close": 0.27, "volume": 3961500, "typical_volume": 676175.0, "trend": 0.273, "fair_value": 0.521412, "relative_strength": -16.288948, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.811959, "energy": 9.956444, "activity_lines": [ 0.260667, 0.254364, 0.253429, 0.258753 ] }, { "date": "2025-08-15", "close": 0.27, "volume": 1016100, "typical_volume": 688775.0, "trend": 0.271, "fair_value": 0.517955, "relative_strength": -16.164143, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.23238, "energy": 11.177366, "activity_lines": [ 0.264667, 0.257818, 0.254905, 0.258559 ] }, { "date": "2025-08-22", "close": 0.24, "volume": 6031400, "typical_volume": 928590.0, "trend": 0.267, "fair_value": 0.514494, "relative_strength": -24.574089, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.513417, "energy": 13.020726, "activity_lines": [ 0.257333, 0.255455, 0.253571, 0.256559 ] }, { "date": "2025-08-29", "close": 0.27, "volume": 9925700, "typical_volume": 1396075.0, "trend": 0.263667, "fair_value": 0.511288, "relative_strength": -13.44803, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.295034, "energy": 6.600081, "activity_lines": [ 0.261333, 0.258727, 0.25519, 0.256753 ] }, { "date": "2025-09-05", "close": 0.33, "volume": 21286900, "typical_volume": 2449400.0, "trend": 0.263333, "fair_value": 0.507654, "relative_strength": 3.802186, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 48.301829, "energy": 43.189349, "activity_lines": [ 0.284, 0.272364, 0.262429, 0.261032 ] }, { "date": "2025-09-12", "close": 0.34, "volume": 10728600, "typical_volume": 2981045.0, "trend": 0.265, "fair_value": 0.504208, "relative_strength": 5.161729, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 75.601975, "energy": 65.837635, "activity_lines": [ 0.305333, 0.286182, 0.27019, 0.265978 ] }, { "date": "2025-09-19", "close": 0.33, "volume": 1637400, "typical_volume": 3056720.0, "trend": 0.266, "fair_value": 0.500324, "relative_strength": 2.845289, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.366761, "energy": 71.633948, "activity_lines": [ 0.318667, 0.296364, 0.276619, 0.270172 ] }, { "date": "2025-09-26", "close": 0.36, "volume": 5980800, "typical_volume": 3320140.0, "trend": 0.268667, "fair_value": 0.497007, "relative_strength": 13.918961, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.012603, "energy": 76.546228, "activity_lines": [ 0.338, 0.310545, 0.285571, 0.276237 ] }, { "date": "2025-10-03", "close": 0.35, "volume": 6788700, "typical_volume": 3614965.0, "trend": 0.271, "fair_value": 0.494126, "relative_strength": 10.010403, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.924379, "energy": 69.507898, "activity_lines": [ 0.346, 0.321091, 0.293095, 0.281484 ] }, { "date": "2025-10-10", "close": 0.35, "volume": 359300, "typical_volume": 3590195.0, "trend": 0.273667, "fair_value": 0.49137, "relative_strength": 11.050844, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.796381, "energy": 58.258275, "activity_lines": [ 0.348667, 0.329818, 0.300143, 0.286581 ] }, { "date": "2025-10-17", "close": 0.34, "volume": 1186900, "typical_volume": 3635820.0, "trend": 0.275667, "fair_value": 0.4883, "relative_strength": 9.343295, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.861495, "energy": 45.753782, "activity_lines": [ 0.346667, 0.335091, 0.30581, 0.29086 ] }, { "date": "2025-10-24", "close": 0.33, "volume": 502000, "typical_volume": 3642300.0, "trend": 0.277333, "fair_value": 0.485166, "relative_strength": 3.524274, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.413919, "energy": 37.888868, "activity_lines": [ 0.341333, 0.337273, 0.310143, 0.294366 ] }, { "date": "2025-10-31", "close": 0.32, "volume": 181400, "typical_volume": 3643790.0, "trend": 0.279333, "fair_value": 0.481905, "relative_strength": 1.396068, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.568236, "energy": 27.303285, "activity_lines": [ 0.332667, 0.336545, 0.313143, 0.297118 ] }, { "date": "2025-11-07", "close": 0.32, "volume": 211600, "typical_volume": 3641790.0, "trend": 0.281667, "fair_value": 0.478894, "relative_strength": 2.524801, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.996106, "energy": 21.245432, "activity_lines": [ 0.326667, 0.334364, 0.31581, 0.299742 ] }, { "date": "2025-11-14", "close": 0.26, "volume": 1392200, "typical_volume": 3694485.0, "trend": 0.282333, "fair_value": 0.475811, "relative_strength": -14.086242, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.294978, "energy": 13.522984, "activity_lines": [ 0.302667, 0.320364, 0.312381, 0.298344 ] }, { "date": "2025-11-21", "close": 0.27, "volume": 462000, "typical_volume": 3704725.0, "trend": 0.282667, "fair_value": 0.47273, "relative_strength": -9.4285, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.036057, "energy": 14.713489, "activity_lines": [ 0.288, 0.309455, 0.30981, 0.297548 ] }, { "date": "2025-11-28", "close": 0.25, "volume": 383900, "typical_volume": 3718885.0, "trend": 0.282333, "fair_value": 0.46952, "relative_strength": -15.736177, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.577457, "energy": 31.118656, "activity_lines": [ 0.271333, 0.296182, 0.30519, 0.295441 ] }, { "date": "2025-12-05", "close": 0.25, "volume": 1995500, "typical_volume": 3768500.0, "trend": 0.282, "fair_value": 0.466311, "relative_strength": -16.326118, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.558587, "energy": 49.286081, "activity_lines": [ 0.26, 0.284364, 0.300571, 0.293355 ] }, { "date": "2025-12-12", "close": 0.26, "volume": 406000, "typical_volume": 3741315.0, "trend": 0.282333, "fair_value": 0.463228, "relative_strength": -11.088898, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.227126, "energy": 53.25623, "activity_lines": [ 0.256667, 0.276364, 0.296952, 0.291935 ] }, { "date": "2025-12-19", "close": 0.27, "volume": 1836600, "typical_volume": 3813725.0, "trend": 0.282667, "fair_value": 0.460334, "relative_strength": -7.2726, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.108189, "energy": 44.148646, "activity_lines": [ 0.260667, 0.271818, 0.294238, 0.29114 ] }, { "date": "2025-12-26", "close": 0.26, "volume": 1094800, "typical_volume": 3670390.0, "trend": 0.282667, "fair_value": 0.457313, "relative_strength": -10.835906, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.559191, "energy": 30.868605, "activity_lines": [ 0.260667, 0.266909, 0.290524, 0.289677 ] }, { "date": "2026-01-02", "close": 0.26, "volume": 269600, "typical_volume": 3633065.0, "trend": 0.283, "fair_value": 0.454355, "relative_strength": -10.467324, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.011306, "energy": 26.240353, "activity_lines": [ 0.261333, 0.263455, 0.286857, 0.288215 ] }, { "date": "2026-01-09", "close": 0.26, "volume": 1006000, "typical_volume": 3381795.0, "trend": 0.283333, "fair_value": 0.45121, "relative_strength": -9.703415, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.249924, "energy": 19.615501, "activity_lines": [ 0.261333, 0.261273, 0.283238, 0.286731 ] }, { "date": "2026-01-16", "close": 0.25, "volume": 725900, "typical_volume": 2921805.0, "trend": 0.283667, "fair_value": 0.448, "relative_strength": -14.280258, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.757577, "energy": 27.429293, "activity_lines": [ 0.257333, 0.258364, 0.278571, 0.284581 ] }, { "date": "2026-01-23", "close": 0.24, "volume": 1197200, "typical_volume": 1917320.0, "trend": 0.283667, "fair_value": 0.444914, "relative_strength": -19.574302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.393208, "energy": 45.777311, "activity_lines": [ 0.250667, 0.254909, 0.273048, 0.281763 ] }, { "date": "2026-01-30", "close": 0.21, "volume": 5347900, "typical_volume": 1648285.0, "trend": 0.282667, "fair_value": 0.441573, "relative_strength": -29.48869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.203916, "energy": 62.250938, "activity_lines": [ 0.236, 0.246364, 0.265095, 0.277011 ] }, { "date": "2026-02-06", "close": 0.21, "volume": 2591600, "typical_volume": 1695995.0, "trend": 0.281333, "fair_value": 0.437982, "relative_strength": -30.310377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.679585, "energy": 69.739806, "activity_lines": [ 0.224667, 0.238909, 0.257762, 0.272323 ] }, { "date": "2026-02-13", "close": 0.2, "volume": 5743200, "typical_volume": 1684115.0, "trend": 0.279333, "fair_value": 0.434639, "relative_strength": -36.691671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.429282, "energy": 77.101497, "activity_lines": [ 0.213333, 0.230364, 0.250048, 0.267075 ] }, { "date": "2026-02-20", "close": 0.2, "volume": 17113400, "typical_volume": 2200350.0, "trend": 0.277667, "fair_value": 0.431359, "relative_strength": -38.233158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.573217, "energy": 74.637186, "activity_lines": [ 0.206, 0.222727, 0.243095, 0.261957 ] }, { "date": "2026-02-27", "close": 0.21, "volume": 2766900, "typical_volume": 2320730.0, "trend": 0.276, "fair_value": 0.428268, "relative_strength": -36.675345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.300825, "energy": 65.295082, "activity_lines": [ 0.205333, 0.218, 0.23781, 0.257591 ] }, { "date": "2026-03-06", "close": 0.19, "volume": 4937700, "typical_volume": 2508270.0, "trend": 0.273333, "fair_value": 0.425049, "relative_strength": -37.37203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.337955, "energy": 59.872491, "activity_lines": [ 0.2, 0.210727, 0.231286, 0.252043 ] }, { "date": "2026-03-13", "close": 0.19, "volume": 2222000, "typical_volume": 2594270.0, "trend": 0.270667, "fair_value": 0.421892, "relative_strength": -36.78862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.735279, "energy": 50.321805, "activity_lines": [ 0.196, 0.204727, 0.225476, 0.246667 ] }, { "date": "2026-03-20", "close": 0.18, "volume": 2099000, "typical_volume": 2690150.0, "trend": 0.268667, "fair_value": 0.418796, "relative_strength": -40.511502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.160541, "energy": 52.685027, "activity_lines": [ 0.19, 0.198182, 0.219381, 0.240817 ] }, { "date": "2026-03-27", "close": 0.18, "volume": 3364000, "typical_volume": 2847770.0, "trend": 0.265667, "fair_value": 0.415513, "relative_strength": -40.472464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.595031, "energy": 52.777393, "activity_lines": [ 0.185333, 0.193091, 0.213952, 0.235097 ] }, { "date": "2026-04-03", "close": 0.18, "volume": 4802800, "typical_volume": 3018300.0, "trend": 0.260667, "fair_value": 0.412115, "relative_strength": -40.166314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.602127, "energy": 50.241813, "activity_lines": [ 0.182, 0.189273, 0.20919, 0.22957 ] }, { "date": "2026-04-10", "close": 0.18, "volume": 432000, "typical_volume": 3016800.0, "trend": 0.255333, "fair_value": 0.408718, "relative_strength": -41.711628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.797445, "energy": 49.970836, "activity_lines": [ 0.180667, 0.186545, 0.20481, 0.224366 ] }, { "date": "2026-04-17", "close": 0.17, "volume": 591100, "typical_volume": 3027160.0, "trend": 0.25, "fair_value": 0.405321, "relative_strength": -43.547009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.645624, "energy": 49.816908, "activity_lines": [ 0.176667, 0.182545, 0.199905, 0.21886 ] }, { "date": "2026-04-24", "close": 0.17, "volume": 1998100, "typical_volume": 3027290.0, "trend": 0.243667, "fair_value": 0.402115, "relative_strength": -41.934033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.235865, "energy": 47.952634, "activity_lines": [ 0.174, 0.179273, 0.195381, 0.213699 ] }, { "date": "2026-05-01", "close": 0.17, "volume": 814200, "typical_volume": 3047700.0, "trend": 0.237667, "fair_value": 0.398782, "relative_strength": -42.831914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.186326, "energy": 48.337699, "activity_lines": [ 0.172, 0.176545, 0.191238, 0.208946 ] }, { "date": "2026-05-08", "close": 0.18, "volume": 543200, "typical_volume": 2983030.0, "trend": 0.232, "fair_value": 0.395513, "relative_strength": -39.181611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.682497, "energy": 43.865156, "activity_lines": [ 0.174, 0.176182, 0.188476, 0.205226 ] }, { "date": "2026-05-15", "close": 0.18, "volume": 2120400, "typical_volume": 3034310.0, "trend": 0.226667, "fair_value": 0.392436, "relative_strength": -39.35135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.170684, "energy": 38.662296, "activity_lines": [ 0.176, 0.176364, 0.186143, 0.201871 ] }, { "date": "2026-05-22", "close": 0.18, "volume": 2012000, "typical_volume": 3121430.0, "trend": 0.221667, "fair_value": 0.389231, "relative_strength": -39.549488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.660177, "energy": 31.011155, "activity_lines": [ 0.178, 0.176727, 0.18419, 0.19886 ] }, { "date": "2026-05-29", "close": 0.18, "volume": 607500, "typical_volume": 3101505.0, "trend": 0.217, "fair_value": 0.386026, "relative_strength": -40.029876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.460254, "energy": 25.340245, "activity_lines": [ 0.179333, 0.177273, 0.182619, 0.196172 ] }, { "date": "2026-06-05", "close": 0.18, "volume": 53000, "typical_volume": 3067860.0, "trend": 0.212333, "fair_value": 0.382756, "relative_strength": -39.927724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.092453, "energy": 23.625682, "activity_lines": [ 0.18, 0.177818, 0.181429, 0.193785 ] }, { "date": "2026-06-12", "close": 0.17, "volume": 1263500, "typical_volume": 3071175.0, "trend": 0.209333, "fair_value": 0.379423, "relative_strength": -42.942785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.070535, "energy": 28.554632, "activity_lines": [ 0.176667, 0.176545, 0.179619, 0.191054 ] }, { "date": "2026-06-19", "close": 0.17, "volume": 231300, "typical_volume": 2815345.0, "trend": 0.206, "fair_value": 0.376282, "relative_strength": -41.518974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.785362, "energy": 33.926708, "activity_lines": [ 0.174, 0.175455, 0.178143, 0.188516 ] }, { "date": "2026-06-26", "close": 0.16, "volume": 23500, "typical_volume": 2686940.0, "trend": 0.203, "fair_value": 0.373077, "relative_strength": -43.185379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.861396, "energy": 49.183755, "activity_lines": [ 0.168667, 0.172727, 0.175905, 0.185548 ] }, { "date": "2026-07-03", "close": 0.16, "volume": 500700, "typical_volume": 2424815.0, "trend": 0.2, "fair_value": 0.369808, "relative_strength": -44.94949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.037122, "energy": 56.22102, "activity_lines": [ 0.164667, 0.170182, 0.173905, 0.182774 ] }, { "date": "2026-07-10", "close": 0.15, "volume": 845300, "typical_volume": 1611410.0, "trend": 0.196333, "fair_value": 0.366667, "relative_strength": -47.993534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.159404, "energy": 69.497949, "activity_lines": [ 0.158667, 0.166, 0.171143, 0.179548 ] }, { "date": "2026-07-17", "close": 0.15, "volume": 1285100, "typical_volume": 1537320.0, "trend": 0.192333, "fair_value": 0.36359, "relative_strength": -47.849513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.708226, "energy": 68.688743, "activity_lines": [ 0.154667, 0.162182, 0.168619, 0.176559 ] }, { "date": "2026-07-24", "close": 0.15, "volume": 1685600, "typical_volume": 1374715.0, "trend": 0.188667, "fair_value": 0.360513, "relative_strength": -47.338666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.140458, "energy": 62.178348, "activity_lines": [ 0.152, 0.158909, 0.166381, 0.173828 ] }, { "date": "2026-07-31", "close": 0.14, "volume": 310000, "typical_volume": 1279115.0, "trend": 0.184667, "fair_value": 0.357436, "relative_strength": -49.582431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.785621, "energy": 69.803904, "activity_lines": [ 0.147333, 0.154364, 0.163381, 0.170688 ] }, { "date": "2026-08-07", "close": 0.14, "volume": 607400, "typical_volume": 1204535.0, "trend": 0.180667, "fair_value": 0.354551, "relative_strength": -48.500677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.305264, "energy": 62.083001, "activity_lines": [ 0.144, 0.150545, 0.160619, 0.167806 ] } ], "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." } } }