{ "ticker": { "uuid": "940a7671-7ef8-4146-8fa4-758e28b12f50", "symbol": "SFOR", "name": "S4 Capital plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 80.078, "architecture_energy": 65.795, "architecture_maturity": 34.0, "architecture_confidence": 82.679, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 35.0, "rotation_up": 65.54, "upward_expansion": 80.72, "deceleration": 52.42, "rotation_down": 11.22, "downward_expansion": 12.06 }, "activity_lines": [ 0.416533, 0.385318, 0.383529, 0.359419 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 0.524, "trend_reference": 0.321038, "distance_from_trend": 0.632203, "trend_direction": "Improving", "fair_value": 0.368078, "distance_from_fair_value": 0.42361, "fair_value_direction": "Improving", "relative_strength": 80.897512, "relative_strength_direction": "Improving", "price_momentum": 1.176758, "excess_performance": 1.125522, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.632203, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.25318, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.42361, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.39006, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.808975, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.023887, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.176758, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.597358, "read": "Demand-led" } ], "volume": { "latest": 48803909, "relative_activity": 3.065243, "balance": 1.597358, "dry_up": 1.16144, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.123143, "annualized_volatility": 0.868662, "from_high_reference": -0.069272, "from_low_reference": 2.424568 }, "levels": { "trend_reference": 0.321038, "fair_value_reference": 0.368078, "structural_low": 0.180495, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.013073, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.012664, "regime_survival": 0.5, "best_return": 0.187189, "worst_return": -0.191962, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.291589, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.333481, "regime_survival": 0.333333, "best_return": -0.113749, "worst_return": -0.318871, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.47603, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.518419, "regime_survival": 0.0, "best_return": -0.37217, "worst_return": -0.57989, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.74432, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.747861, "regime_survival": 0.0, "best_return": -0.732855, "worst_return": -0.755785, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-03-31", "end": "2023-04-21", "tenure": "New", "return": -0.091021, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-04-28", "end": "2024-03-29", "tenure": "Extended", "return": -0.640561, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-05", "end": "2024-04-12", "tenure": "New", "return": 0.094106, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-19", "end": "2024-05-03", "tenure": "New", "return": -0.143066, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-10", "end": "2024-08-16", "tenure": "Established", "return": 0.111009, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-23", "end": "2024-09-13", "tenure": "New", "return": -0.288611, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-10-04", "tenure": "New", "return": -0.064514, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-11", "end": "2025-10-24", "tenure": "Extended", "return": -0.363881, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": -0.248409, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-01-30", "tenure": "Developing", "return": 0.551523, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-03-06", "tenure": "Developing", "return": -0.135628, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": 0.454541, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-10", "end": "2026-06-19", "tenure": "Developing", "return": -0.050402, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.746667, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 0.867013, "volume": 6339849, "typical_volume": 8700458.2, "trend": 1.415512, "fair_value": 3.601158, "relative_strength": -40.868502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.462746, "energy": 74.620691, "activity_lines": [ 0.95198, 1.033843, 1.105735, 1.215206 ] }, { "date": "2023-08-25", "close": 0.872171, "volume": 3839418, "typical_volume": 8478665.3, "trend": 1.371997, "fair_value": 3.585227, "relative_strength": -40.81922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.266398, "energy": 78.614238, "activity_lines": [ 0.904964, 0.99853, 1.076113, 1.180152 ] }, { "date": "2023-09-01", "close": 0.949073, "volume": 3330354, "typical_volume": 8171947.85, "trend": 1.327107, "fair_value": 3.569067, "relative_strength": -36.430194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.301258, "energy": 68.348404, "activity_lines": [ 0.911654, 0.980728, 1.056486, 1.152867 ] }, { "date": "2023-09-08", "close": 0.912498, "volume": 2692267, "typical_volume": 8041238.7, "trend": 1.289001, "fair_value": 3.551561, "relative_strength": -38.634042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.927051, "energy": 53.60997, "activity_lines": [ 0.90934, 0.957266, 1.035832, 1.126118 ] }, { "date": "2023-09-15", "close": 0.895617, "volume": 7679345, "typical_volume": 8102871.55, "trend": 1.250706, "fair_value": 3.533076, "relative_strength": -41.17432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.555845, "energy": 49.835313, "activity_lines": [ 0.905777, 0.935628, 1.015825, 1.100738 ] }, { "date": "2023-09-22", "close": 0.655066, "volume": 30628368, "typical_volume": 9353543.05, "trend": 1.209083, "fair_value": 3.513589, "relative_strength": -56.307222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.638518, "energy": 60.32379, "activity_lines": [ 0.824374, 0.873953, 0.975173, 1.06231 ] }, { "date": "2023-09-29", "close": 0.633965, "volume": 16153433, "typical_volume": 9761987.75, "trend": 1.165818, "fair_value": 3.495289, "relative_strength": -56.805448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.817881, "energy": 79.858128, "activity_lines": [ 0.750067, 0.81921, 0.935577, 1.025205 ] }, { "date": "2023-10-06", "close": 0.571132, "volume": 7017838, "typical_volume": 9755374.8, "trend": 1.125742, "fair_value": 3.475385, "relative_strength": -59.911846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.125236, "energy": 89.516513, "activity_lines": [ 0.670697, 0.76503, 0.892819, 0.986838 ] }, { "date": "2023-10-13", "close": 0.545811, "volume": 5000810, "typical_volume": 9716302.45, "trend": 1.093762, "fair_value": 3.455739, "relative_strength": -61.574954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.781098, "energy": 91.284088, "activity_lines": [ 0.608082, 0.713987, 0.850963, 0.949423 ] }, { "date": "2023-10-20", "close": 0.553313, "volume": 7456943, "typical_volume": 9819931.55, "trend": 1.059251, "fair_value": 3.435239, "relative_strength": -59.290333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.273444, "energy": 89.528968, "activity_lines": [ 0.572413, 0.672169, 0.812805, 0.914556 ] }, { "date": "2023-10-27", "close": 0.544873, "volume": 11506883, "typical_volume": 10178323.55, "trend": 1.026583, "fair_value": 3.414685, "relative_strength": -58.603216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.46664, "energy": 89.479723, "activity_lines": [ 0.556752, 0.635679, 0.776947, 0.88137 ] }, { "date": "2023-11-03", "close": 0.656473, "volume": 6989556, "typical_volume": 9793604.85, "trend": 1.000699, "fair_value": 3.392442, "relative_strength": -50.211482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.327224, "energy": 81.565066, "activity_lines": [ 0.585637, 0.625338, 0.754719, 0.857492 ] }, { "date": "2023-11-10", "close": 0.49892, "volume": 14700841, "typical_volume": 9971658.35, "trend": 0.968501, "fair_value": 3.36979, "relative_strength": -61.018033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.324318, "energy": 68.585778, "activity_lines": [ 0.560503, 0.590272, 0.719437, 0.825119 ] }, { "date": "2023-11-17", "close": 0.513456, "volume": 13712109, "typical_volume": 9968999.5, "trend": 0.939413, "fair_value": 3.34651, "relative_strength": -59.815762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.678122, "energy": 65.025743, "activity_lines": [ 0.545029, 0.566033, 0.687941, 0.795761 ] }, { "date": "2023-11-24", "close": 0.479694, "volume": 6489548, "typical_volume": 9904560.0, "trend": 0.9097, "fair_value": 3.32121, "relative_strength": -61.600686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.702335, "energy": 65.622342, "activity_lines": [ 0.520458, 0.542912, 0.656413, 0.766102 ] }, { "date": "2023-12-01", "close": 0.442088, "volume": 8751871, "typical_volume": 9991286.3, "trend": 0.88114, "fair_value": 3.291941, "relative_strength": -64.051762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.910602, "energy": 68.532233, "activity_lines": [ 0.48826, 0.520515, 0.624252, 0.735934 ] }, { "date": "2023-12-08", "close": 0.488135, "volume": 10552467, "typical_volume": 10078277.45, "trend": 0.856522, "fair_value": 3.264291, "relative_strength": -59.68263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.651201, "energy": 62.756054, "activity_lines": [ 0.478263, 0.510363, 0.600312, 0.710578 ] }, { "date": "2023-12-15", "close": 0.453717, "volume": 15537217, "typical_volume": 9836365.6, "trend": 0.829413, "fair_value": 3.23678, "relative_strength": -61.847411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.858054, "energy": 62.398919, "activity_lines": [ 0.468016, 0.496604, 0.576927, 0.684591 ] }, { "date": "2023-12-22", "close": 0.466096, "volume": 11476354, "typical_volume": 9934021.75, "trend": 0.805874, "fair_value": 3.209349, "relative_strength": -60.618681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.419823, "energy": 62.485968, "activity_lines": [ 0.464908, 0.487231, 0.557308, 0.661151 ] }, { "date": "2023-12-29", "close": 0.500795, "volume": 3307778, "typical_volume": 9658162.45, "trend": 0.782397, "fair_value": 3.182501, "relative_strength": -56.948804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.271528, "energy": 55.988, "activity_lines": [ 0.476525, 0.485616, 0.543432, 0.641469 ] }, { "date": "2024-01-05", "close": 0.446402, "volume": 8155966, "typical_volume": 9748968.3, "trend": 0.758108, "fair_value": 3.155304, "relative_strength": -60.514128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.322066, "energy": 56.367341, "activity_lines": [ 0.468603, 0.475067, 0.526423, 0.619792 ] }, { "date": "2024-01-12", "close": 0.414516, "volume": 7377592, "typical_volume": 9925877.0, "trend": 0.736382, "fair_value": 3.125739, "relative_strength": -62.016433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.228702, "energy": 58.022021, "activity_lines": [ 0.449765, 0.46051, 0.50838, 0.597624 ] }, { "date": "2024-01-19", "close": 0.379254, "volume": 8360900, "typical_volume": 10177404.3, "trend": 0.715575, "fair_value": 3.09739, "relative_strength": -63.437324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.598608, "energy": 62.8399, "activity_lines": [ 0.424082, 0.443941, 0.489158, 0.574584 ] }, { "date": "2024-01-26", "close": 0.402699, "volume": 22522535, "typical_volume": 11168917.7, "trend": 0.689609, "fair_value": 3.070214, "relative_strength": -60.823741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.266714, "energy": 59.348118, "activity_lines": [ 0.411177, 0.433811, 0.474883, 0.554398 ] }, { "date": "2024-02-02", "close": 0.400824, "volume": 8643461, "typical_volume": 11217123.5, "trend": 0.666333, "fair_value": 3.041523, "relative_strength": -59.530523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.498016, "energy": 59.912674, "activity_lines": [ 0.401874, 0.425354, 0.462857, 0.535767 ] }, { "date": "2024-02-09", "close": 0.361248, "volume": 7026901, "typical_volume": 10037050.15, "trend": 0.636798, "fair_value": 3.012818, "relative_strength": -62.12637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.719479, "energy": 75.789719, "activity_lines": [ 0.386044, 0.411135, 0.449417, 0.516084 ] }, { "date": "2024-02-16", "close": 0.375127, "volume": 9553217, "typical_volume": 9707039.35, "trend": 0.606194, "fair_value": 2.985165, "relative_strength": -60.12175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.118283, "energy": 65.606269, "activity_lines": [ 0.380517, 0.400909, 0.438699, 0.499202 ] }, { "date": "2024-02-23", "close": 0.38188, "volume": 10640960, "typical_volume": 9888195.45, "trend": 0.585693, "fair_value": 2.960921, "relative_strength": -58.106794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.505815, "energy": 57.286053, "activity_lines": [ 0.379867, 0.393966, 0.429856, 0.48473 ] }, { "date": "2024-03-01", "close": 0.384131, "volume": 37581675, "typical_volume": 11517238.7, "trend": 0.565892, "fair_value": 2.937894, "relative_strength": -56.359301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.420995, "energy": 54.181409, "activity_lines": [ 0.379792, 0.388738, 0.422129, 0.471726 ] }, { "date": "2024-03-08", "close": 0.374752, "volume": 16135662, "typical_volume": 11951174.65, "trend": 0.547358, "fair_value": 2.913123, "relative_strength": -55.968178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.349991, "energy": 50.574653, "activity_lines": [ 0.377828, 0.383295, 0.414278, 0.459395 ] }, { "date": "2024-03-15", "close": 0.357872, "volume": 10003701, "typical_volume": 11876015.55, "trend": 0.530387, "fair_value": 2.886682, "relative_strength": -57.141336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.962131, "energy": 51.036157, "activity_lines": [ 0.371977, 0.377075, 0.405671, 0.44717 ] }, { "date": "2024-03-22", "close": 0.397448, "volume": 13727921, "typical_volume": 12212933.8, "trend": 0.514563, "fair_value": 2.85881, "relative_strength": -52.225169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.573562, "energy": 37.758185, "activity_lines": [ 0.379542, 0.37966, 0.401722, 0.438593 ] }, { "date": "2024-03-29", "close": 0.492824, "volume": 30537059, "typical_volume": 13004744.7, "trend": 0.499354, "fair_value": 2.830949, "relative_strength": -39.390611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.986452, "energy": 9.90711, "activity_lines": [ 0.417411, 0.399896, 0.408091, 0.437191 ] }, { "date": "2024-04-05", "close": 0.493293, "volume": 14755010, "typical_volume": 13056889.75, "trend": 0.485381, "fair_value": 2.801408, "relative_strength": -37.574225, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.659464, "energy": 13.904418, "activity_lines": [ 0.44804, 0.418153, 0.414533, 0.4368 ] }, { "date": "2024-04-12", "close": 0.539715, "volume": 25859825, "typical_volume": 14025403.6, "trend": 0.473517, "fair_value": 2.77, "relative_strength": -30.84153, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.985231, "energy": 35.010099, "activity_lines": [ 0.486866, 0.443203, 0.425493, 0.440305 ] }, { "date": "2024-04-19", "close": 0.513925, "volume": 12063600, "typical_volume": 14190990.05, "trend": 0.468813, "fair_value": 2.739389, "relative_strength": -31.836656, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.119228, "energy": 35.004603, "activity_lines": [ 0.506097, 0.461039, 0.433711, 0.442912 ] }, { "date": "2024-04-26", "close": 0.473598, "volume": 9281465, "typical_volume": 14127439.95, "trend": 0.463467, "fair_value": 2.70882, "relative_strength": -37.609693, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.632261, "energy": 41.485637, "activity_lines": [ 0.501483, 0.468766, 0.437745, 0.443221 ] }, { "date": "2024-05-03", "close": 0.4404, "volume": 7157503, "typical_volume": 13708454.25, "trend": 0.459109, "fair_value": 2.676414, "relative_strength": -41.127375, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.398998, "energy": 23.078647, "activity_lines": [ 0.480726, 0.468667, 0.438688, 0.441733 ] }, { "date": "2024-05-10", "close": 0.511111, "volume": 14956904, "typical_volume": 13882481.75, "trend": 0.457953, "fair_value": 2.649151, "relative_strength": -32.059576, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.034316, "energy": 20.745786, "activity_lines": [ 0.487034, 0.480361, 0.446428, 0.445087 ] }, { "date": "2024-05-17", "close": 0.547217, "volume": 16097016, "typical_volume": 14521943.65, "trend": 0.457749, "fair_value": 2.620256, "relative_strength": -25.565222, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.345356, "energy": 23.475489, "activity_lines": [ 0.50419, 0.496311, 0.457392, 0.450846 ] }, { "date": "2024-05-24", "close": 0.471254, "volume": 12201154, "typical_volume": 14724203.05, "trend": 0.455295, "fair_value": 2.589852, "relative_strength": -33.689214, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.957069, "energy": 16.044528, "activity_lines": [ 0.495525, 0.495313, 0.460901, 0.451718 ] }, { "date": "2024-05-31", "close": 0.496106, "volume": 7528567, "typical_volume": 14731751.8, "trend": 0.44995, "fair_value": 2.557744, "relative_strength": -28.246103, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.307058, "energy": 27.571712, "activity_lines": [ 0.497988, 0.496773, 0.466658, 0.454351 ] }, { "date": "2024-06-07", "close": 0.442463, "volume": 9296827, "typical_volume": 14778548.15, "trend": 0.448068, "fair_value": 2.523068, "relative_strength": -34.231972, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.8008, "energy": 15.969779, "activity_lines": [ 0.48107, 0.486685, 0.466918, 0.453868 ] }, { "date": "2024-06-14", "close": 0.45578, "volume": 8764943, "typical_volume": 14090668.55, "trend": 0.446145, "fair_value": 2.49016, "relative_strength": -30.055678, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.280467, "energy": 15.338599, "activity_lines": [ 0.468453, 0.479935, 0.468145, 0.454365 ] }, { "date": "2024-06-21", "close": 0.432147, "volume": 6845065, "typical_volume": 14000748.75, "trend": 0.444561, "fair_value": 2.456199, "relative_strength": -33.094037, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.102295, "energy": 13.217364, "activity_lines": [ 0.451647, 0.469569, 0.466869, 0.453462 ] }, { "date": "2024-06-28", "close": 0.395759, "volume": 9900466, "typical_volume": 14144427.0, "trend": 0.443016, "fair_value": 2.418939, "relative_strength": -36.486415, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.6202, "energy": 21.146652, "activity_lines": [ 0.430384, 0.454544, 0.461978, 0.450314 ] }, { "date": "2024-07-05", "close": 0.505015, "volume": 18065312, "typical_volume": 14570031.75, "trend": 0.443579, "fair_value": 2.3828, "relative_strength": -17.476279, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.250517, "energy": 14.280692, "activity_lines": [ 0.450572, 0.461531, 0.467328, 0.454313 ] }, { "date": "2024-07-12", "close": 0.503609, "volume": 11937155, "typical_volume": 14634841.5, "trend": 0.445242, "fair_value": 2.346531, "relative_strength": -15.879641, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.198782, "energy": 14.072713, "activity_lines": [ 0.469697, 0.467692, 0.471926, 0.458186 ] }, { "date": "2024-07-19", "close": 0.490948, "volume": 5161689, "typical_volume": 13013842.2, "trend": 0.44607, "fair_value": 2.307777, "relative_strength": -14.558319, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.215724, "energy": 20.588017, "activity_lines": [ 0.480526, 0.470401, 0.474738, 0.461135 ] }, { "date": "2024-07-26", "close": 0.503609, "volume": 2898531, "typical_volume": 12351985.65, "trend": 0.446164, "fair_value": 2.269284, "relative_strength": -12.07931, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.12342, "energy": 28.374884, "activity_lines": [ 0.49323, 0.475779, 0.478247, 0.464847 ] }, { "date": "2024-08-02", "close": 0.475943, "volume": 7185214, "typical_volume": 12211061.3, "trend": 0.447149, "fair_value": 2.229773, "relative_strength": -14.081999, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.319356, "energy": 28.787198, "activity_lines": [ 0.491949, 0.47692, 0.478508, 0.466769 ] }, { "date": "2024-08-09", "close": 0.484383, "volume": 8340033, "typical_volume": 11941666.9, "trend": 0.449478, "fair_value": 2.189894, "relative_strength": -10.858487, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.05934, "energy": 27.27985, "activity_lines": [ 0.488135, 0.47951, 0.47901, 0.469171 ] }, { "date": "2024-08-16", "close": 0.567849, "volume": 12778863, "typical_volume": 11053757.1, "trend": 0.455764, "fair_value": 2.150311, "relative_strength": 4.238728, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.403665, "energy": 45.541188, "activity_lines": [ 0.513518, 0.497489, 0.487048, 0.476808 ] }, { "date": "2024-08-23", "close": 0.596922, "volume": 17268533, "typical_volume": 11179433.25, "trend": 0.462238, "fair_value": 2.106284, "relative_strength": 10.894542, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.202167, "energy": 58.54098, "activity_lines": [ 0.54431, 0.518474, 0.497497, 0.485915 ] }, { "date": "2024-08-30", "close": 0.521427, "volume": 7896350, "typical_volume": 10281259.5, "trend": 0.466259, "fair_value": 2.05967, "relative_strength": -1.798957, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.347387, "energy": 52.08642, "activity_lines": [ 0.542872, 0.523166, 0.500262, 0.489733 ] }, { "date": "2024-09-06", "close": 0.477819, "volume": 11717175, "typical_volume": 10263938.25, "trend": 0.470144, "fair_value": 2.013317, "relative_strength": -6.052564, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.902453, "energy": 40.434596, "activity_lines": [ 0.52571, 0.518307, 0.498962, 0.490479 ] }, { "date": "2024-09-13", "close": 0.424644, "volume": 15955279, "typical_volume": 10597628.95, "trend": 0.471795, "fair_value": 1.967224, "relative_strength": -15.742738, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.581565, "energy": 5.621079, "activity_lines": [ 0.490698, 0.502287, 0.492769, 0.487544 ] }, { "date": "2024-09-20", "close": 0.395384, "volume": 36747823, "typical_volume": 12077144.95, "trend": 0.472245, "fair_value": 1.921365, "relative_strength": -20.200261, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.998593, "energy": 26.385114, "activity_lines": [ 0.449915, 0.482409, 0.484023, 0.482614 ] }, { "date": "2024-09-27", "close": 0.379066, "volume": 16374194, "typical_volume": 12148009.45, "trend": 0.472076, "fair_value": 1.874018, "relative_strength": -23.404412, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.480779, "energy": 43.445036, "activity_lines": [ 0.415191, 0.461531, 0.473937, 0.476602 ] }, { "date": "2024-10-04", "close": 0.369876, "volume": 13352437, "typical_volume": 12010780.5, "trend": 0.471914, "fair_value": 1.829619, "relative_strength": -24.124821, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.026184, "energy": 72.048223, "activity_lines": [ 0.391927, 0.441017, 0.463604, 0.470009 ] }, { "date": "2024-10-11", "close": 0.363874, "volume": 10183383, "typical_volume": 11909891.95, "trend": 0.472114, "fair_value": 1.785541, "relative_strength": -24.428101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.730927, "energy": 75.708991, "activity_lines": [ 0.376766, 0.421843, 0.453545, 0.463038 ] }, { "date": "2024-10-18", "close": 0.370251, "volume": 8999765, "typical_volume": 11983451.85, "trend": 0.471207, "fair_value": 1.743428, "relative_strength": -23.295965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.951856, "energy": 71.294018, "activity_lines": [ 0.371326, 0.405866, 0.444604, 0.456467 ] }, { "date": "2024-10-25", "close": 0.354683, "volume": 8853615, "typical_volume": 11961291.25, "trend": 0.466602, "fair_value": 1.702057, "relative_strength": -24.750641, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.526083, "energy": 66.524128, "activity_lines": [ 0.364324, 0.389133, 0.434779, 0.448949 ] }, { "date": "2024-11-01", "close": 0.358622, "volume": 4150012, "typical_volume": 11730544.7, "trend": 0.462113, "fair_value": 1.659088, "relative_strength": -22.077954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.595586, "energy": 54.80798, "activity_lines": [ 0.361348, 0.376993, 0.425748, 0.441982 ] }, { "date": "2024-11-08", "close": 0.308917, "volume": 18787157, "typical_volume": 12327649.3, "trend": 0.45442, "fair_value": 1.62061, "relative_strength": -31.313865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.177507, "energy": 58.643417, "activity_lines": [ 0.343167, 0.360148, 0.412446, 0.432099 ] }, { "date": "2024-11-15", "close": 0.286785, "volume": 15225235, "typical_volume": 12593887.75, "trend": 0.446849, "fair_value": 1.583854, "relative_strength": -35.432975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.607325, "energy": 76.805247, "activity_lines": [ 0.321672, 0.343143, 0.397623, 0.421284 ] }, { "date": "2024-11-22", "close": 0.333488, "volume": 18016899, "typical_volume": 12591467.1, "trend": 0.442178, "fair_value": 1.549621, "relative_strength": -26.110799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.25826, "energy": 67.716019, "activity_lines": [ 0.320884, 0.338102, 0.387766, 0.41397 ] }, { "date": "2024-11-29", "close": 0.339115, "volume": 7863599, "typical_volume": 12387789.3, "trend": 0.438802, "fair_value": 1.516927, "relative_strength": -24.620312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.701382, "energy": 65.468728, "activity_lines": [ 0.324423, 0.335742, 0.379262, 0.407321 ] }, { "date": "2024-12-06", "close": 0.371376, "volume": 6905222, "typical_volume": 12474965.95, "trend": 0.434144, "fair_value": 1.484621, "relative_strength": -17.075748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.434548, "energy": 42.712392, "activity_lines": [ 0.339753, 0.340271, 0.374614, 0.402971 ] }, { "date": "2024-12-13", "close": 0.356371, "volume": 6403078, "typical_volume": 12650193.3, "trend": 0.427783, "fair_value": 1.451977, "relative_strength": -19.86199, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.984335, "energy": 28.259405, "activity_lines": [ 0.349231, 0.342212, 0.369107, 0.397953 ] }, { "date": "2024-12-20", "close": 0.312669, "volume": 5456461, "typical_volume": 12563755.65, "trend": 0.422497, "fair_value": 1.41737, "relative_strength": -27.242116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.244053, "energy": 34.115405, "activity_lines": [ 0.340978, 0.336452, 0.360138, 0.390526 ] }, { "date": "2024-12-27", "close": 0.306479, "volume": 2157621, "typical_volume": 12254635.05, "trend": 0.416176, "fair_value": 1.381221, "relative_strength": -28.551186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.848812, "energy": 41.387299, "activity_lines": [ 0.328937, 0.330497, 0.351357, 0.383041 ] }, { "date": "2025-01-03", "close": 0.300477, "volume": 4512220, "typical_volume": 11841302.9, "trend": 0.411443, "fair_value": 1.350203, "relative_strength": -30.032389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.908964, "energy": 54.672012, "activity_lines": [ 0.316695, 0.324611, 0.342852, 0.375577 ] }, { "date": "2025-01-10", "close": 0.303103, "volume": 4842243, "typical_volume": 11219988.4, "trend": 0.406354, "fair_value": 1.320585, "relative_strength": -29.171023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.948956, "energy": 63.764318, "activity_lines": [ 0.307905, 0.320188, 0.33587, 0.368587 ] }, { "date": "2025-01-17", "close": 0.319796, "volume": 5383136, "typical_volume": 11094327.7, "trend": 0.402609, "fair_value": 1.292336, "relative_strength": -27.168631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.924542, "energy": 55.607965, "activity_lines": [ 0.30923, 0.31981, 0.331877, 0.363003 ] }, { "date": "2025-01-24", "close": 0.323923, "volume": 9999957, "typical_volume": 11008466.8, "trend": 0.400214, "fair_value": 1.264685, "relative_strength": -25.799652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.342754, "energy": 40.60444, "activity_lines": [ 0.314369, 0.319984, 0.329238, 0.357926 ] }, { "date": "2025-01-31", "close": 0.350744, "volume": 22825647, "typical_volume": 11351985.2, "trend": 0.395072, "fair_value": 1.236214, "relative_strength": -20.883879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.898554, "energy": 23.334539, "activity_lines": [ 0.327699, 0.324359, 0.329885, 0.354735 ] }, { "date": "2025-02-07", "close": 0.33949, "volume": 8956239, "typical_volume": 9962406.0, "trend": 0.389601, "fair_value": 1.206168, "relative_strength": -23.405346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.091048, "energy": 18.385008, "activity_lines": [ 0.334326, 0.326374, 0.329813, 0.351149 ] }, { "date": "2025-02-14", "close": 0.310418, "volume": 8550761, "typical_volume": 9571234.35, "trend": 0.383583, "fair_value": 1.179392, "relative_strength": -29.874431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.157713, "energy": 19.393122, "activity_lines": [ 0.328662, 0.323097, 0.327238, 0.34604 ] }, { "date": "2025-02-21", "close": 0.309105, "volume": 7452809, "typical_volume": 9276252.95, "trend": 0.3771, "fair_value": 1.15384, "relative_strength": -29.209396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.369145, "energy": 22.441587, "activity_lines": [ 0.322072, 0.32069, 0.324865, 0.341235 ] }, { "date": "2025-02-28", "close": 0.281346, "volume": 7752510, "typical_volume": 9154709.3, "trend": 0.370613, "fair_value": 1.13322, "relative_strength": -36.226617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.588466, "energy": 41.972877, "activity_lines": [ 0.306942, 0.314094, 0.320137, 0.335058 ] }, { "date": "2025-03-07", "close": 0.301602, "volume": 8942362, "typical_volume": 9151839.15, "trend": 0.364521, "fair_value": 1.110566, "relative_strength": -30.232949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.736717, "energy": 44.913606, "activity_lines": [ 0.301402, 0.311751, 0.317732, 0.330605 ] }, { "date": "2025-03-14", "close": 0.309668, "volume": 5232992, "typical_volume": 8970808.0, "trend": 0.355915, "fair_value": 1.086069, "relative_strength": -27.680609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.999934, "energy": 38.78444, "activity_lines": [ 0.301828, 0.310964, 0.316422, 0.327066 ] }, { "date": "2025-03-21", "close": 0.309105, "volume": 5792096, "typical_volume": 9052912.2, "trend": 0.346321, "fair_value": 1.061659, "relative_strength": -27.529521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.236239, "energy": 31.971873, "activity_lines": [ 0.304053, 0.309906, 0.315272, 0.324046 ] }, { "date": "2025-03-28", "close": 0.327486, "volume": 11290122, "typical_volume": 8678060.45, "trend": 0.339856, "fair_value": 1.044461, "relative_strength": -22.598621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.797448, "energy": 14.972208, "activity_lines": [ 0.312494, 0.312082, 0.316109, 0.322831 ] }, { "date": "2025-04-04", "close": 0.293068, "volume": 8551000, "typical_volume": 8344348.7, "trend": 0.333698, "fair_value": 1.026501, "relative_strength": -24.77134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.6829, "energy": 18.666264, "activity_lines": [ 0.308236, 0.30786, 0.31358, 0.319813 ] }, { "date": "2025-04-11", "close": 0.260714, "volume": 13138654, "typical_volume": 8100436.45, "trend": 0.328233, "fair_value": 1.009416, "relative_strength": -31.364602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.125795, "energy": 33.122498, "activity_lines": [ 0.292412, 0.298317, 0.307939, 0.315104 ] }, { "date": "2025-04-18", "close": 0.248522, "volume": 5603122, "typical_volume": 7987412.6, "trend": 0.323338, "fair_value": 0.990979, "relative_strength": -36.134152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.04897, "energy": 52.17293, "activity_lines": [ 0.27525, 0.288193, 0.301484, 0.309961 ] }, { "date": "2025-04-25", "close": 0.247115, "volume": 6455204, "typical_volume": 7964911.7, "trend": 0.31894, "fair_value": 0.974227, "relative_strength": -36.804356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.327942, "energy": 67.991007, "activity_lines": [ 0.261695, 0.279468, 0.295326, 0.305044 ] }, { "date": "2025-05-02", "close": 0.254149, "volume": 7265392, "typical_volume": 8008027.4, "trend": 0.315082, "fair_value": 0.954347, "relative_strength": -35.734995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.829233, "energy": 70.602764, "activity_lines": [ 0.254618, 0.273173, 0.290429, 0.300864 ] }, { "date": "2025-05-09", "close": 0.229766, "volume": 15502461, "typical_volume": 8510327.4, "trend": 0.310612, "fair_value": 0.936823, "relative_strength": -40.78272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.342255, "energy": 74.761957, "activity_lines": [ 0.244302, 0.263444, 0.283698, 0.295359 ] }, { "date": "2025-05-16", "close": 0.253211, "volume": 15963451, "typical_volume": 9200618.9, "trend": 0.30671, "fair_value": 0.920916, "relative_strength": -34.723924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.366845, "energy": 60.908956, "activity_lines": [ 0.246021, 0.258915, 0.279594, 0.291656 ] }, { "date": "2025-05-23", "close": 0.249929, "volume": 3834498, "typical_volume": 9166732.8, "trend": 0.303219, "fair_value": 0.905361, "relative_strength": -35.033963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.295758, "energy": 43.42426, "activity_lines": [ 0.247147, 0.254669, 0.275431, 0.287993 ] }, { "date": "2025-05-30", "close": 0.263527, "volume": 4168744, "typical_volume": 9133057.85, "trend": 0.300049, "fair_value": 0.890301, "relative_strength": -31.025086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.795405, "energy": 37.012522, "activity_lines": [ 0.252711, 0.253982, 0.272803, 0.285432 ] }, { "date": "2025-06-06", "close": 0.239263, "volume": 15319717, "typical_volume": 9629886.9, "trend": 0.297727, "fair_value": 0.875664, "relative_strength": -37.101545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.910797, "energy": 36.28533, "activity_lines": [ 0.249093, 0.249712, 0.268054, 0.28151 ] }, { "date": "2025-06-13", "close": 0.239751, "volume": 6840957, "typical_volume": 9471936.9, "trend": 0.296159, "fair_value": 0.862713, "relative_strength": -36.241654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.707291, "energy": 36.892126, "activity_lines": [ 0.24663, 0.247134, 0.263734, 0.27777 ] }, { "date": "2025-06-20", "close": 0.239263, "volume": 4899620, "typical_volume": 8575635.55, "trend": 0.293018, "fair_value": 0.849578, "relative_strength": -35.080791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.939101, "energy": 36.919629, "activity_lines": [ 0.243339, 0.245438, 0.259769, 0.274099 ] }, { "date": "2025-06-27", "close": 0.256806, "volume": 8406743, "typical_volume": 8548160.75, "trend": 0.290275, "fair_value": 0.837217, "relative_strength": -29.893332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.006825, "energy": 34.573014, "activity_lines": [ 0.246826, 0.247321, 0.258005, 0.271763 ] }, { "date": "2025-07-04", "close": 0.250471, "volume": 11454590, "typical_volume": 8693352.2, "trend": 0.286245, "fair_value": 0.825416, "relative_strength": -30.747672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.023783, "energy": 30.77972, "activity_lines": [ 0.247742, 0.247901, 0.256032, 0.269195 ] }, { "date": "2025-07-11", "close": 0.225619, "volume": 8525037, "typical_volume": 8746963.6, "trend": 0.281886, "fair_value": 0.814623, "relative_strength": -37.392509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.771028, "energy": 38.285298, "activity_lines": [ 0.241245, 0.243902, 0.251977, 0.265284 ] }, { "date": "2025-07-18", "close": 0.231954, "volume": 10630832, "typical_volume": 8890879.7, "trend": 0.279196, "fair_value": 0.808685, "relative_strength": -34.931616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.528241, "energy": 35.966322, "activity_lines": [ 0.237769, 0.241574, 0.248923, 0.262062 ] }, { "date": "2025-07-25", "close": 0.257781, "volume": 11024872, "typical_volume": 8995005.2, "trend": 0.277572, "fair_value": 0.802733, "relative_strength": -27.560422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.106529, "energy": 28.602124, "activity_lines": [ 0.243422, 0.243901, 0.248564, 0.260681 ] }, { "date": "2025-08-01", "close": 0.222695, "volume": 8218441, "typical_volume": 9144277.65, "trend": 0.27498, "fair_value": 0.796189, "relative_strength": -36.001359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.32588, "energy": 36.919903, "activity_lines": [ 0.236145, 0.239767, 0.245073, 0.25714 ] }, { "date": "2025-08-08", "close": 0.206614, "volume": 15902554, "typical_volume": 9649800.55, "trend": 0.271763, "fair_value": 0.787925, "relative_strength": -39.693872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.77947, "energy": 44.495018, "activity_lines": [ 0.225781, 0.233203, 0.240464, 0.25273 ] }, { "date": "2025-08-15", "close": 0.208564, "volume": 23730672, "typical_volume": 10271828.05, "trend": 0.268056, "fair_value": 0.780455, "relative_strength": -37.971557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.388846, "energy": 50.636166, "activity_lines": [ 0.218992, 0.228029, 0.236528, 0.248652 ] }, { "date": "2025-08-22", "close": 0.22903, "volume": 17456335, "typical_volume": 10717094.8, "trend": 0.264893, "fair_value": 0.773603, "relative_strength": -31.532567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.785414, "energy": 52.4311, "activity_lines": [ 0.220161, 0.227134, 0.235108, 0.246134 ] }, { "date": "2025-08-29", "close": 0.202229, "volume": 9365662, "typical_volume": 10528445.2, "trend": 0.259942, "fair_value": 0.766994, "relative_strength": -37.310468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.335918, "energy": 55.98916, "activity_lines": [ 0.212592, 0.221561, 0.231441, 0.242092 ] }, { "date": "2025-09-05", "close": 0.219771, "volume": 12585589, "typical_volume": 10877568.55, "trend": 0.255951, "fair_value": 0.759794, "relative_strength": -30.716728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.341408, "energy": 37.534371, "activity_lines": [ 0.214574, 0.219851, 0.229723, 0.2395 ] }, { "date": "2025-09-12", "close": 0.220746, "volume": 6714969, "typical_volume": 10890556.8, "trend": 0.252962, "fair_value": 0.752426, "relative_strength": -29.894135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.247944, "energy": 31.091175, "activity_lines": [ 0.217075, 0.218992, 0.228234, 0.237229 ] }, { "date": "2025-09-19", "close": 0.184588, "volume": 51478691, "typical_volume": 13101221.75, "trend": 0.248812, "fair_value": 0.744351, "relative_strength": -40.000827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.460143, "energy": 43.052523, "activity_lines": [ 0.206582, 0.212099, 0.223427, 0.232817 ] }, { "date": "2025-09-26", "close": 0.219284, "volume": 25468686, "typical_volume": 13599533.0, "trend": 0.246743, "fair_value": 0.73701, "relative_strength": -28.340149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.74903, "energy": 30.32917, "activity_lines": [ 0.209252, 0.21226, 0.222257, 0.230912 ] }, { "date": "2025-10-03", "close": 0.245111, "volume": 20254639, "typical_volume": 13814092.4, "trend": 0.24486, "fair_value": 0.728602, "relative_strength": -20.771754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.799537, "energy": 14.135841, "activity_lines": [ 0.221181, 0.217347, 0.223595, 0.230807 ] }, { "date": "2025-10-10", "close": 0.215873, "volume": 9507760, "typical_volume": 14097755.5, "trend": 0.241733, "fair_value": 0.719549, "relative_strength": -28.860986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.088114, "energy": 17.625717, "activity_lines": [ 0.220506, 0.217349, 0.222188, 0.228937 ] }, { "date": "2025-10-17", "close": 0.213924, "volume": 15878387, "typical_volume": 14683237.65, "trend": 0.238561, "fair_value": 0.709931, "relative_strength": -28.032492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.773904, "energy": 16.399459, "activity_lines": [ 0.21944, 0.21712, 0.220757, 0.227143 ] }, { "date": "2025-10-24", "close": 0.231467, "volume": 12517026, "typical_volume": 14543103.1, "trend": 0.23536, "fair_value": 0.700757, "relative_strength": -23.601458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.881846, "energy": 14.100398, "activity_lines": [ 0.224677, 0.219949, 0.221233, 0.226685 ] }, { "date": "2025-10-31", "close": 0.229517, "volume": 8387344, "typical_volume": 14620422.45, "trend": 0.233242, "fair_value": 0.691305, "relative_strength": -23.860691, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.852761, "energy": 6.857245, "activity_lines": [ 0.226139, 0.222006, 0.221561, 0.226308 ] }, { "date": "2025-11-07", "close": 0.194919, "volume": 36959912, "typical_volume": 16223437.05, "trend": 0.231049, "fair_value": 0.67993, "relative_strength": -34.368452, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.833442, "energy": 24.131492, "activity_lines": [ 0.215386, 0.217764, 0.218642, 0.223836 ] }, { "date": "2025-11-14", "close": 0.191995, "volume": 16123961, "typical_volume": 16609297.95, "trend": 0.229164, "fair_value": 0.669029, "relative_strength": -34.813853, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.192667, "energy": 37.042037, "activity_lines": [ 0.207004, 0.213123, 0.215656, 0.221316 ] }, { "date": "2025-11-21", "close": 0.172503, "volume": 17797470, "typical_volume": 16926441.95, "trend": 0.226677, "fair_value": 0.658466, "relative_strength": -39.605343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.778888, "energy": 60.94933, "activity_lines": [ 0.193717, 0.205443, 0.211122, 0.21766 ] }, { "date": "2025-11-28", "close": 0.166461, "volume": 24870483, "typical_volume": 17743714.25, "trend": 0.223754, "fair_value": 0.647889, "relative_strength": -41.916973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.324161, "energy": 70.913025, "activity_lines": [ 0.181177, 0.197542, 0.206385, 0.213776 ] }, { "date": "2025-12-05", "close": 0.161588, "volume": 8168700, "typical_volume": 17620607.65, "trend": 0.221482, "fair_value": 0.638188, "relative_strength": -42.251244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.565254, "energy": 74.654072, "activity_lines": [ 0.171347, 0.189084, 0.201464, 0.209765 ] }, { "date": "2025-12-12", "close": 0.162758, "volume": 6209718, "typical_volume": 17379849.95, "trend": 0.218467, "fair_value": 0.628344, "relative_strength": -40.697568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.864202, "energy": 73.889358, "activity_lines": [ 0.166435, 0.181888, 0.19699, 0.205976 ] }, { "date": "2025-12-19", "close": 0.159639, "volume": 4456643, "typical_volume": 17191760.05, "trend": 0.215457, "fair_value": 0.61848, "relative_strength": -42.416089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.193002, "energy": 74.102017, "activity_lines": [ 0.162628, 0.175622, 0.192672, 0.202181 ] }, { "date": "2025-12-26", "close": 0.15691, "volume": 4595792, "typical_volume": 16626421.95, "trend": 0.211903, "fair_value": 0.608112, "relative_strength": -42.388696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.973312, "energy": 73.044918, "activity_lines": [ 0.160068, 0.169883, 0.188394, 0.198404 ] }, { "date": "2026-01-02", "close": 0.198818, "volume": 17686881, "typical_volume": 16324232.4, "trend": 0.210555, "fair_value": 0.59779, "relative_strength": -26.746169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.373534, "energy": 39.648842, "activity_lines": [ 0.172517, 0.1728, 0.188344, 0.197559 ] }, { "date": "2026-01-09", "close": 0.206127, "volume": 14574357, "typical_volume": 16180133.5, "trend": 0.209434, "fair_value": 0.586186, "relative_strength": -24.482078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.219373, "energy": 17.643089, "activity_lines": [ 0.185245, 0.177639, 0.189036, 0.197274 ] }, { "date": "2026-01-16", "close": 0.191411, "volume": 6042205, "typical_volume": 16013960.65, "trend": 0.207839, "fair_value": 0.574223, "relative_strength": -29.684032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.153813, "energy": 22.507845, "activity_lines": [ 0.190098, 0.180228, 0.188436, 0.196111 ] }, { "date": "2026-01-23", "close": 0.188877, "volume": 9698568, "typical_volume": 15869609.6, "trend": 0.205575, "fair_value": 0.561475, "relative_strength": -28.98616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.389877, "energy": 24.201373, "activity_lines": [ 0.192197, 0.18242, 0.187646, 0.194888 ] }, { "date": "2026-01-30", "close": 0.258268, "volume": 44957445, "typical_volume": 17781733.4, "trend": 0.205835, "fair_value": 0.548414, "relative_strength": -2.573135, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.342163, "energy": 34.892386, "activity_lines": [ 0.215477, 0.197285, 0.193612, 0.198287 ] }, { "date": "2026-02-06", "close": 0.240725, "volume": 19627212, "typical_volume": 16189159.45, "trend": 0.206338, "fair_value": 0.53678, "relative_strength": -9.410143, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.795438, "energy": 41.836411, "activity_lines": [ 0.226152, 0.207401, 0.197729, 0.200538 ] }, { "date": "2026-02-13", "close": 0.231954, "volume": 14426676, "typical_volume": 15637058.95, "trend": 0.206338, "fair_value": 0.525161, "relative_strength": -12.474483, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.333131, "energy": 46.796507, "activity_lines": [ 0.231109, 0.214572, 0.200743, 0.202191 ] }, { "date": "2026-02-20", "close": 0.214411, "volume": 17283924, "typical_volume": 15488523.2, "trend": 0.204893, "fair_value": 0.514332, "relative_strength": -19.966442, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.177009, "energy": 45.58045, "activity_lines": [ 0.228497, 0.217275, 0.202025, 0.202712 ] }, { "date": "2026-02-27", "close": 0.199792, "volume": 47541249, "typical_volume": 17390197.65, "trend": 0.204129, "fair_value": 0.503229, "relative_strength": -26.18081, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.628781, "energy": 17.225845, "activity_lines": [ 0.219479, 0.21638, 0.202062, 0.202383 ] }, { "date": "2026-03-06", "close": 0.208076, "volume": 13513864, "typical_volume": 17271971.5, "trend": 0.204178, "fair_value": 0.493194, "relative_strength": -17.513883, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.84842, "energy": 7.283647, "activity_lines": [ 0.212494, 0.216261, 0.202964, 0.202637 ] }, { "date": "2026-03-13", "close": 0.203691, "volume": 7851385, "typical_volume": 17038689.45, "trend": 0.204015, "fair_value": 0.484851, "relative_strength": -18.036807, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.216436, "energy": 8.793301, "activity_lines": [ 0.207394, 0.214415, 0.203477, 0.202606 ] }, { "date": "2026-03-20", "close": 0.189656, "volume": 9059036, "typical_volume": 17072274.05, "trend": 0.202703, "fair_value": 0.475883, "relative_strength": -19.989648, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.676378, "energy": 13.836137, "activity_lines": [ 0.200084, 0.209928, 0.202785, 0.201679 ] }, { "date": "2026-03-27", "close": 0.258755, "volume": 50231424, "typical_volume": 17735849.65, "trend": 0.204587, "fair_value": 0.467767, "relative_strength": 9.670137, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.293576, "energy": 25.979865, "activity_lines": [ 0.218628, 0.218304, 0.208863, 0.205296 ] }, { "date": "2026-04-03", "close": 0.296277, "volume": 18127274, "typical_volume": 17836015.3, "trend": 0.207137, "fair_value": 0.46048, "relative_strength": 20.715416, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.875128, "energy": 61.324457, "activity_lines": [ 0.246722, 0.232278, 0.218212, 0.211211 ] }, { "date": "2026-04-10", "close": 0.359626, "volume": 29532030, "typical_volume": 18422743.3, "trend": 0.211767, "fair_value": 0.453396, "relative_strength": 44.11653, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.047212, "energy": 83.661397, "activity_lines": [ 0.2895, 0.255817, 0.233096, 0.221049 ] }, { "date": "2026-04-17", "close": 0.393737, "volume": 19295259, "typical_volume": 18143982.1, "trend": 0.218738, "fair_value": 0.447034, "relative_strength": 55.917451, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.633004, "energy": 92.824965, "activity_lines": [ 0.333546, 0.283715, 0.250339, 0.232789 ] }, { "date": "2026-04-24", "close": 0.396173, "volume": 10092880, "typical_volume": 18240191.1, "trend": 0.224635, "fair_value": 0.440785, "relative_strength": 60.097626, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.452968, "energy": 92.361617, "activity_lines": [ 0.365733, 0.309275, 0.266731, 0.244236 ] }, { "date": "2026-05-01", "close": 0.397148, "volume": 18738653, "typical_volume": 18866637.85, "trend": 0.229703, "fair_value": 0.435004, "relative_strength": 59.599854, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.198718, "energy": 91.156305, "activity_lines": [ 0.384478, 0.332025, 0.282099, 0.255366 ] }, { "date": "2026-05-08", "close": 0.444416, "volume": 32524057, "typical_volume": 20270008.55, "trend": 0.237321, "fair_value": 0.42999, "relative_strength": 78.508778, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.08537, "energy": 93.248446, "activity_lines": [ 0.409753, 0.360048, 0.300853, 0.269219 ] }, { "date": "2026-05-15", "close": 0.3913, "volume": 15940347, "typical_volume": 20837236.3, "trend": 0.243233, "fair_value": 0.424377, "relative_strength": 56.612979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.142866, "energy": 74.138805, "activity_lines": [ 0.407446, 0.373965, 0.313191, 0.279153 ] }, { "date": "2026-05-22", "close": 0.430284, "volume": 12857252, "typical_volume": 20595754.85, "trend": 0.24986, "fair_value": 0.41962, "relative_strength": 66.136134, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.211964, "energy": 65.196146, "activity_lines": [ 0.416022, 0.391639, 0.328127, 0.291221 ] }, { "date": "2026-05-29", "close": 0.419076, "volume": 10281294, "typical_volume": 20381101.7, "trend": 0.256179, "fair_value": 0.414582, "relative_strength": 61.412767, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.683746, "energy": 59.363235, "activity_lines": [ 0.418426, 0.403155, 0.340893, 0.302138 ] }, { "date": "2026-06-05", "close": 0.3845, "volume": 9842039, "typical_volume": 20571093.4, "trend": 0.262498, "fair_value": 0.409514, "relative_strength": 47.54483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.860002, "energy": 48.876974, "activity_lines": [ 0.407778, 0.404213, 0.349352, 0.310417 ] }, { "date": "2026-06-12", "close": 0.374, "volume": 1933302, "typical_volume": 20182830.1, "trend": 0.268565, "fair_value": 0.405076, "relative_strength": 41.164063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.038278, "energy": 39.229214, "activity_lines": [ 0.394473, 0.401076, 0.355891, 0.31761 ] }, { "date": "2026-06-19", "close": 0.3415, "volume": 1049280, "typical_volume": 17987421.85, "trend": 0.274198, "fair_value": 0.400833, "relative_strength": 29.68497, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.461023, "energy": 25.806306, "activity_lines": [ 0.375029, 0.390617, 0.358453, 0.322316 ] }, { "date": "2026-06-26", "close": 0.3, "volume": 2306296, "typical_volume": 17121376.05, "trend": 0.27865, "fair_value": 0.395181, "relative_strength": 12.410645, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.577969, "energy": 22.202958, "activity_lines": [ 0.345072, 0.372942, 0.356667, 0.32398 ] }, { "date": "2026-07-03", "close": 0.36, "volume": 2397694, "typical_volume": 16519926.95, "trend": 0.285264, "fair_value": 0.390443, "relative_strength": 32.200011, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.202166, "energy": 22.802392, "activity_lines": [ 0.3438, 0.36788, 0.360313, 0.329229 ] }, { "date": "2026-07-10", "close": 0.3465, "volume": 9316663, "typical_volume": 16121563.9, "trend": 0.291388, "fair_value": 0.384669, "relative_strength": 28.690446, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.673779, "energy": 17.795918, "activity_lines": [ 0.341967, 0.361021, 0.362063, 0.33318 ] }, { "date": "2026-07-17", "close": 0.356, "volume": 8378433, "typical_volume": 14163423.1, "trend": 0.297934, "fair_value": 0.378661, "relative_strength": 30.172664, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.208981, "energy": 14.61526, "activity_lines": [ 0.345833, 0.356811, 0.36409, 0.337348 ] }, { "date": "2026-07-24", "close": 0.3545, "volume": 3190337, "typical_volume": 13647246.75, "trend": 0.30452, "fair_value": 0.374543, "relative_strength": 27.532611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.128978, "energy": 11.373396, "activity_lines": [ 0.3504, 0.353935, 0.365229, 0.340998 ] }, { "date": "2026-07-31", "close": 0.3765, "volume": 13595733, "typical_volume": 13934464.15, "trend": 0.310443, "fair_value": 0.370686, "relative_strength": 32.808414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.038076, "energy": 18.723094, "activity_lines": [ 0.361433, 0.355729, 0.367766, 0.345641 ] }, { "date": "2026-08-07", "close": 0.524, "volume": 48803909, "typical_volume": 15921707.8, "trend": 0.321038, "fair_value": 0.368078, "relative_strength": 80.897512, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.078211, "energy": 65.794621, "activity_lines": [ 0.416533, 0.385318, 0.383529, 0.359419 ] } ], "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." } } }