{ "ticker": { "uuid": "94c36663-c498-473e-ab2a-34dc9699b868", "symbol": "LYTIX", "name": "Lytix Biopharma ASA", "exchange": "OSL", "country": "NO", "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": "OSEBX.OL", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.813, "architecture_energy": 60.337, "architecture_maturity": 14.366, "architecture_confidence": 90.216, "architecture_tenure": "New", "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": 21.42, "rotation_up": 12.76, "upward_expansion": 12.03, "deceleration": 39.45, "rotation_down": 65.62, "downward_expansion": 85.37 }, "activity_lines": [ 8.810667, 9.044364, 9.528286, 9.706516 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 8.5, "trend_reference": 9.765333, "distance_from_trend": -0.129574, "trend_direction": "Weakening", "fair_value": 7.813205, "distance_from_fair_value": 0.087902, "fair_value_direction": "Weakening", "relative_strength": -18.902954, "relative_strength_direction": "Weakening", "price_momentum": -0.107143, "excess_performance": -0.232137, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.129574, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.025999, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.087902, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.323045, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.18903, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.218885, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.107143, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.409439, "read": "Supply-led" } ], "volume": { "latest": 367095, "relative_activity": 2.347584, "balance": 0.409439, "dry_up": 1.186243, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.111584, "annualized_volatility": 0.331383, "from_high_reference": -0.285714, "from_low_reference": 0.272455 }, "levels": { "trend_reference": 9.765333, "fair_value_reference": 7.813205, "structural_low": 8.06, "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": 19, "median_return": -0.00361, "positive_rate": 0.473684, "directional_follow_through": 0.526316, "median_excess_return": -0.031194, "regime_survival": 0.789474, "best_return": 0.535714, "worst_return": -0.209756, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.083333, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.093622, "regime_survival": 0.571429, "best_return": 0.607843, "worst_return": -0.25, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.084191, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.058996, "regime_survival": 0.25, "best_return": 0.232082, "worst_return": -0.112121, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.202532, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.121384, "regime_survival": 0.666667, "best_return": 0.729825, "worst_return": -0.4075, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-05-09", "tenure": "Established", "return": -0.176471, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-06", "tenure": "New", "return": 0.131579, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": -0.061181, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": 0.026258, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.24569, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": 0.027778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": 0.383562, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-01-09", "tenure": "Developing", "return": -0.073171, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-03-20", "tenure": "Developing", "return": 0.2, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-06-05", "tenure": "Developing", "return": -0.02266, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.060674, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": 0.010526, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-07-24", "tenure": "New", "return": 0.013363, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.022989, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 10.0, "volume": 1915808, "typical_volume": 236121.3, "trend": 7.794667, "fair_value": 10.172772, "relative_strength": 20.021069, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.0486, "energy": 24.711668, "activity_lines": [ 8.476667, 7.957273, 8.067619, 7.921763 ] }, { "date": "2023-08-25", "close": 10.1, "volume": 356595, "typical_volume": 250839.4, "trend": 7.853333, "fair_value": 10.172139, "relative_strength": 21.363827, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 60.757507, "energy": 47.756729, "activity_lines": [ 9.176667, 8.379091, 8.27, 8.070495 ] }, { "date": "2023-09-01", "close": 9.8, "volume": 383965, "typical_volume": 266198.1, "trend": 7.922667, "fair_value": 10.168931, "relative_strength": 14.784333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.926232, "energy": 57.012428, "activity_lines": [ 9.606667, 8.714545, 8.427143, 8.196086 ] }, { "date": "2023-09-08", "close": 7.8, "volume": 394178, "typical_volume": 284144.5, "trend": 7.922667, "fair_value": 10.148684, "relative_strength": -8.3934, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.423588, "energy": 44.014342, "activity_lines": [ 9.156667, 8.648182, 8.380476, 8.188172 ] }, { "date": "2023-09-15", "close": 7.3, "volume": 288695, "typical_volume": 298307.95, "trend": 7.898, "fair_value": 10.124542, "relative_strength": -16.019823, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.769481, "energy": 16.798674, "activity_lines": [ 8.486667, 8.480909, 8.282857, 8.148 ] }, { "date": "2023-09-22", "close": 7.75, "volume": 180819, "typical_volume": 306186.4, "trend": 7.913, "fair_value": 10.104588, "relative_strength": -10.253578, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.420412, "energy": 13.225305, "activity_lines": [ 8.07, 8.399091, 8.22619, 8.138452 ] }, { "date": "2023-09-29", "close": 6.85, "volume": 412868, "typical_volume": 290912.25, "trend": 7.891333, "fair_value": 10.077467, "relative_strength": -19.520214, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.648538, "energy": 17.847856, "activity_lines": [ 7.503333, 8.14, 8.079286, 8.069871 ] }, { "date": "2023-10-06", "close": 6.5, "volume": 745777, "typical_volume": 321881.05, "trend": 7.86, "fair_value": 10.047901, "relative_strength": -20.699979, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.989639, "energy": 28.554392, "activity_lines": [ 7.036667, 7.83, 7.914048, 7.980108 ] }, { "date": "2023-10-13", "close": 7.1, "volume": 906048, "typical_volume": 360553.6, "trend": 7.866667, "fair_value": 10.023738, "relative_strength": -16.672379, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.705504, "energy": 38.426804, "activity_lines": [ 6.99, 7.630909, 7.820714, 7.931075 ] }, { "date": "2023-10-20", "close": 7.3, "volume": 434662, "typical_volume": 378861.55, "trend": 7.886667, "fair_value": 10.001593, "relative_strength": -11.159751, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.794855, "energy": 34.516197, "activity_lines": [ 7.056667, 7.466364, 7.76, 7.894516 ] }, { "date": "2023-10-27", "close": 6.4, "volume": 327218, "typical_volume": 390947.85, "trend": 7.88, "fair_value": 9.972548, "relative_strength": -21.013047, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.086342, "energy": 42.910943, "activity_lines": [ 6.823333, 7.166364, 7.622857, 7.798602 ] }, { "date": "2023-11-03", "close": 6.6, "volume": 193776, "typical_volume": 391364.65, "trend": 7.88, "fair_value": 9.945568, "relative_strength": -19.51192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.490289, "energy": 31.700384, "activity_lines": [ 6.746667, 6.968182, 7.514762, 7.716022 ] }, { "date": "2023-11-10", "close": 6.8, "volume": 178766, "typical_volume": 397352.2, "trend": 7.873333, "fair_value": 9.920603, "relative_strength": -16.41485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.675732, "energy": 30.264676, "activity_lines": [ 6.753333, 6.87, 7.434048, 7.646344 ] }, { "date": "2023-11-17", "close": 6.35, "volume": 409839, "typical_volume": 413346.7, "trend": 7.848333, "fair_value": 9.892488, "relative_strength": -22.192713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.317898, "energy": 47.456808, "activity_lines": [ 6.59, 6.744545, 7.314762, 7.548065 ] }, { "date": "2023-11-24", "close": 6.05, "volume": 47475, "typical_volume": 414173.95, "trend": 7.82, "fair_value": 9.862469, "relative_strength": -26.345998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.203913, "energy": 51.113863, "activity_lines": [ 6.376667, 6.590909, 7.17119, 7.432043 ] }, { "date": "2023-12-01", "close": 6.15, "volume": 118826, "typical_volume": 412402.8, "trend": 7.798333, "fair_value": 9.83369, "relative_strength": -24.054571, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.476575, "energy": 49.592361, "activity_lines": [ 6.28, 6.478182, 7.044048, 7.324301 ] }, { "date": "2023-12-08", "close": 5.35, "volume": 354838, "typical_volume": 428703.85, "trend": 7.643333, "fair_value": 9.7992, "relative_strength": -32.750165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.909192, "energy": 65.209763, "activity_lines": [ 5.933333, 6.249091, 6.844762, 7.166344 ] }, { "date": "2023-12-15", "close": 5.3, "volume": 519677, "typical_volume": 450734.3, "trend": 7.5, "fair_value": 9.764855, "relative_strength": -33.008085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.170884, "energy": 63.678198, "activity_lines": [ 5.653333, 6.038182, 6.65119, 7.015161 ] }, { "date": "2023-12-22", "close": 4.74, "volume": 247952, "typical_volume": 458259.05, "trend": 7.326333, "fair_value": 9.726788, "relative_strength": -39.466185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.616002, "energy": 70.040804, "activity_lines": [ 5.286667, 5.747273, 6.410476, 6.837097 ] }, { "date": "2023-12-29", "close": 4.86, "volume": 190181, "typical_volume": 430398.15, "trend": 7.18, "fair_value": 9.690195, "relative_strength": -37.910757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.712431, "energy": 73.508711, "activity_lines": [ 5.067333, 5.521091, 6.191952, 6.677978 ] }, { "date": "2024-01-05", "close": 7.55, "volume": 405760, "typical_volume": 354895.75, "trend": 7.148333, "fair_value": 9.674224, "relative_strength": -4.24575, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.01772, "energy": 28.712082, "activity_lines": [ 5.824, 5.828364, 6.248619, 6.701849 ] }, { "date": "2024-01-12", "close": 6.5, "volume": 740792, "typical_volume": 374105.6, "trend": 7.086667, "fair_value": 9.650711, "relative_strength": -16.004, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.536457, "energy": 20.542064, "activity_lines": [ 6.137333, 5.923818, 6.216952, 6.660022 ] }, { "date": "2024-01-19", "close": 6.45, "volume": 130841, "typical_volume": 361449.4, "trend": 7.045, "fair_value": 9.627176, "relative_strength": -14.928665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.26117, "energy": 20.305661, "activity_lines": [ 6.357333, 6.012, 6.197667, 6.618946 ] }, { "date": "2024-01-26", "close": 7.45, "volume": 894210, "typical_volume": 386451.0, "trend": 7.051667, "fair_value": 9.611285, "relative_strength": -2.539858, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.210619, "energy": 20.133466, "activity_lines": [ 6.834, 6.288364, 6.289571, 6.645075 ] }, { "date": "2024-02-02", "close": 7.15, "volume": 1199591, "typical_volume": 431995.8, "trend": 7.04, "fair_value": 9.593449, "relative_strength": -4.625814, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.99728, "energy": 16.224401, "activity_lines": [ 7.03, 6.490182, 6.354571, 6.651419 ] }, { "date": "2024-02-09", "close": 7.05, "volume": 291756, "typical_volume": 437542.65, "trend": 7.041667, "fair_value": 9.575151, "relative_strength": -3.400375, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.823898, "energy": 14.986715, "activity_lines": [ 7.04, 6.653818, 6.410762, 6.652065 ] }, { "date": "2024-02-16", "close": 6.5, "volume": 286673, "typical_volume": 431232.9, "trend": 7.006667, "fair_value": 9.553186, "relative_strength": -12.193503, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.576262, "energy": 13.230476, "activity_lines": [ 6.9, 6.701091, 6.417905, 6.617118 ] }, { "date": "2024-02-23", "close": 6.6, "volume": 304486, "typical_volume": 409168.35, "trend": 7.006667, "fair_value": 9.532241, "relative_strength": -10.404166, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.474517, "energy": 8.263335, "activity_lines": [ 6.793333, 6.745636, 6.436238, 6.590882 ] }, { "date": "2024-03-01", "close": 5.95, "volume": 360461, "typical_volume": 381889.0, "trend": 6.971667, "fair_value": 9.507014, "relative_strength": -19.791673, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.668098, "energy": 15.280449, "activity_lines": [ 6.46, 6.648364, 6.39219, 6.52271 ] }, { "date": "2024-03-08", "close": 5.55, "volume": 291613, "typical_volume": 374736.55, "trend": 6.861667, "fair_value": 9.479343, "relative_strength": -24.987378, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.829147, "energy": 24.06657, "activity_lines": [ 6.093333, 6.456364, 6.315524, 6.430989 ] }, { "date": "2024-03-15", "close": 6.4, "volume": 146745, "typical_volume": 365712.9, "trend": 6.741667, "fair_value": 9.457958, "relative_strength": -14.130613, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.05207, "energy": 20.473183, "activity_lines": [ 6.116667, 6.406364, 6.328143, 6.401204 ] }, { "date": "2024-03-22", "close": 6.6, "volume": 194851, "typical_volume": 365766.65, "trend": 6.625, "fair_value": 9.438248, "relative_strength": -12.957314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.609276, "energy": 16.871765, "activity_lines": [ 6.25, 6.413636, 6.35981, 6.392065 ] }, { "date": "2024-03-29", "close": 6.1, "volume": 31094, "typical_volume": 358383.05, "trend": 6.501667, "fair_value": 9.415384, "relative_strength": -19.834423, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.358164, "energy": 20.015666, "activity_lines": [ 6.21, 6.328182, 6.343857, 6.358194 ] }, { "date": "2024-04-05", "close": 6.16, "volume": 176789, "typical_volume": 346730.55, "trend": 6.447, "fair_value": 9.393238, "relative_strength": -20.186286, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.826781, "energy": 13.390113, "activity_lines": [ 6.223333, 6.26, 6.336952, 6.336151 ] }, { "date": "2024-04-12", "close": 5.5, "volume": 97079, "typical_volume": 349210.75, "trend": 6.387, "fair_value": 9.366932, "relative_strength": -29.607607, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.214262, "energy": 25.090892, "activity_lines": [ 6.002667, 6.095273, 6.268095, 6.275054 ] }, { "date": "2024-04-19", "close": 5.3, "volume": 47231, "typical_volume": 345631.0, "trend": 6.305333, "fair_value": 9.339638, "relative_strength": -29.945324, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.553542, "energy": 41.423302, "activity_lines": [ 5.718667, 5.924182, 6.18281, 6.204925 ] }, { "date": "2024-04-26", "close": 5.72, "volume": 429574, "typical_volume": 349367.8, "trend": 6.267667, "fair_value": 9.315507, "relative_strength": -25.395707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.578618, "energy": 41.452416, "activity_lines": [ 5.648, 5.861273, 6.141571, 6.167161 ] }, { "date": "2024-05-03", "close": 5.86, "volume": 63894, "typical_volume": 326578.65, "trend": 6.246333, "fair_value": 9.292623, "relative_strength": -23.509484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.576886, "energy": 43.588927, "activity_lines": [ 5.682667, 5.838, 6.111905, 6.14086 ] }, { "date": "2024-05-10", "close": 5.48, "volume": 93873, "typical_volume": 318874.7, "trend": 6.192333, "fair_value": 9.267539, "relative_strength": -29.802445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.325724, "energy": 40.939284, "activity_lines": [ 5.606667, 5.759091, 6.043381, 6.091419 ] }, { "date": "2024-05-17", "close": 5.6, "volume": 181562, "typical_volume": 318443.75, "trend": 6.135667, "fair_value": 9.243569, "relative_strength": -27.160419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.975015, "energy": 28.317059, "activity_lines": [ 5.616, 5.710545, 5.982762, 6.053204 ] }, { "date": "2024-05-24", "close": 6.0, "volume": 157497, "typical_volume": 306030.6, "trend": 6.122333, "fair_value": 9.222506, "relative_strength": -21.235586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.811487, "energy": 18.231585, "activity_lines": [ 5.752, 5.733818, 5.956714, 6.044452 ] }, { "date": "2024-05-31", "close": 6.4, "volume": 606223, "typical_volume": 299302.15, "trend": 6.115667, "fair_value": 9.204297, "relative_strength": -16.044822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.402047, "energy": 10.27879, "activity_lines": [ 5.974667, 5.837091, 5.976143, 6.062366 ] }, { "date": "2024-06-07", "close": 7.08, "volume": 269726, "typical_volume": 306246.4, "trend": 6.125, "fair_value": 9.190679, "relative_strength": -5.335902, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.184447, "energy": 17.276118, "activity_lines": [ 6.378667, 6.067636, 6.06081, 6.124581 ] }, { "date": "2024-06-14", "close": 7.92, "volume": 238567, "typical_volume": 273464.25, "trend": 6.177333, "fair_value": 9.142731, "relative_strength": 8.711045, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.345822, "energy": 52.033002, "activity_lines": [ 6.981333, 6.433091, 6.222476, 6.240387 ] }, { "date": "2024-06-21", "close": 9.0, "volume": 647342, "typical_volume": 245851.8, "trend": 6.275667, "fair_value": 9.104282, "relative_strength": 22.204853, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.070325, "energy": 77.623404, "activity_lines": [ 7.781333, 6.962909, 6.484762, 6.422495 ] }, { "date": "2024-06-28", "close": 9.12, "volume": 504377, "typical_volume": 256482.85, "trend": 6.374667, "fair_value": 9.076526, "relative_strength": 22.298158, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.847975, "energy": 80.856035, "activity_lines": [ 8.394667, 7.450909, 6.749667, 6.606 ] }, { "date": "2024-07-05", "close": 8.98, "volume": 167645, "typical_volume": 250531.45, "trend": 6.495667, "fair_value": 9.047551, "relative_strength": 20.68772, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.76753, "energy": 81.432994, "activity_lines": [ 8.753333, 7.844, 6.991381, 6.774086 ] }, { "date": "2024-07-12", "close": 9.7, "volume": 161821, "typical_volume": 243398.2, "trend": 6.642333, "fair_value": 9.025115, "relative_strength": 28.505438, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.384445, "energy": 84.38517, "activity_lines": [ 9.18, 8.308727, 7.289857, 6.980817 ] }, { "date": "2024-07-19", "close": 8.5, "volume": 313228, "typical_volume": 241036.55, "trend": 6.767667, "fair_value": 8.998179, "relative_strength": 12.03737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.33758, "energy": 65.142211, "activity_lines": [ 9.032, 8.485455, 7.459286, 7.100667 ] }, { "date": "2024-07-26", "close": 9.0, "volume": 130359, "typical_volume": 232973.85, "trend": 6.905667, "fair_value": 8.972538, "relative_strength": 18.959492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.635641, "energy": 50.069087, "activity_lines": [ 9.012, 8.698182, 7.66419, 7.244688 ] }, { "date": "2024-08-02", "close": 8.7, "volume": 143923, "typical_volume": 232832.75, "trend": 6.944, "fair_value": 8.943705, "relative_strength": 16.823377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.695606, "energy": 42.769075, "activity_lines": [ 8.892, 8.794545, 7.824095, 7.360452 ] }, { "date": "2024-08-09", "close": 11.0, "volume": 508229, "typical_volume": 248501.65, "trend": 7.094, "fair_value": 8.933449, "relative_strength": 46.876737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.741478, "energy": 50.414, "activity_lines": [ 9.566667, 9.26, 8.192095, 7.622129 ] }, { "date": "2024-08-16", "close": 10.45, "volume": 2296446, "typical_volume": 361769.25, "trend": 7.227333, "fair_value": 8.913897, "relative_strength": 37.057141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.87813, "energy": 45.13632, "activity_lines": [ 9.923333, 9.541818, 8.486762, 7.838645 ] }, { "date": "2024-08-23", "close": 11.3, "volume": 1066068, "typical_volume": 406233.2, "trend": 7.355667, "fair_value": 8.898513, "relative_strength": 49.241339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.461334, "energy": 49.099543, "activity_lines": [ 10.513333, 9.916909, 8.841667, 8.101398 ] }, { "date": "2024-08-30", "close": 10.0, "volume": 508517, "typical_volume": 426805.1, "trend": 7.450667, "fair_value": 8.876077, "relative_strength": 31.999192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.345265, "energy": 45.933371, "activity_lines": [ 10.483333, 9.994182, 9.048286, 8.272 ] }, { "date": "2024-09-06", "close": 8.84, "volume": 355780, "typical_volume": 442232.55, "trend": 7.510333, "fair_value": 8.847872, "relative_strength": 21.094804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.141467, "energy": 34.743693, "activity_lines": [ 10.0, 9.842364, 9.123, 8.361634 ] }, { "date": "2024-09-13", "close": 7.7, "volume": 277463, "typical_volume": 434627.0, "trend": 7.550333, "fair_value": 8.809154, "relative_strength": 3.922589, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.310045, "energy": 15.334777, "activity_lines": [ 9.127333, 9.488364, 9.072286, 8.373871 ] }, { "date": "2024-09-20", "close": 7.88, "volume": 291051, "typical_volume": 445984.85, "trend": 7.593, "fair_value": 8.769269, "relative_strength": 6.492127, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.253286, "energy": 18.079788, "activity_lines": [ 8.534667, 9.190364, 9.029286, 8.39514 ] }, { "date": "2024-09-27", "close": 6.88, "volume": 299822, "typical_volume": 456282.3, "trend": 7.624, "fair_value": 8.726205, "relative_strength": -6.847341, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.361278, "energy": 20.859307, "activity_lines": [ 7.78, 8.743636, 8.881429, 8.34914 ] }, { "date": "2024-10-04", "close": 6.3, "volume": 293615, "typical_volume": 461884.95, "trend": 7.649, "fair_value": 8.682603, "relative_strength": -16.944523, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.261834, "energy": 33.075564, "activity_lines": [ 7.126667, 8.220909, 8.671667, 8.26372 ] }, { "date": "2024-10-11", "close": 6.2, "volume": 154483, "typical_volume": 461734.25, "trend": 7.642333, "fair_value": 8.637718, "relative_strength": -17.913215, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.987204, "energy": 46.978866, "activity_lines": [ 6.686667, 7.729091, 8.449048, 8.170237 ] }, { "date": "2024-10-18", "close": 6.1, "volume": 379552, "typical_volume": 450400.7, "trend": 7.625667, "fair_value": 8.589923, "relative_strength": -17.902208, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.939665, "energy": 52.911206, "activity_lines": [ 6.389333, 7.264545, 8.215952, 8.070731 ] }, { "date": "2024-10-25", "close": 6.84, "volume": 338524, "typical_volume": 453840.6, "trend": 7.650333, "fair_value": 8.547859, "relative_strength": -9.552452, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.563627, "energy": 40.858175, "activity_lines": [ 6.445333, 7.023636, 8.054762, 8.020043 ] }, { "date": "2024-11-01", "close": 7.22, "volume": 173413, "typical_volume": 450582.9, "trend": 7.685667, "fair_value": 8.510731, "relative_strength": -2.625933, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.178082, "energy": 25.773326, "activity_lines": [ 6.697333, 6.917455, 7.930905, 7.99228 ] }, { "date": "2024-11-08", "close": 6.68, "volume": 181062, "typical_volume": 427268.9, "trend": 7.725, "fair_value": 8.468295, "relative_strength": -8.643266, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.044611, "energy": 21.678085, "activity_lines": [ 6.746667, 6.787273, 7.758952, 7.927398 ] }, { "date": "2024-11-15", "close": 6.68, "volume": 87410, "typical_volume": 406420.55, "trend": 7.771, "fair_value": 8.421397, "relative_strength": -10.358679, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.224626, "energy": 16.768793, "activity_lines": [ 6.770667, 6.717455, 7.598048, 7.859978 ] }, { "date": "2024-11-22", "close": 6.8, "volume": 464338, "typical_volume": 421255.2, "trend": 7.807, "fair_value": 8.375244, "relative_strength": -10.227863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.0939, "energy": 23.82635, "activity_lines": [ 6.802667, 6.708727, 7.46019, 7.797333 ] }, { "date": "2024-11-29", "close": 7.54, "volume": 616069, "typical_volume": 443967.6, "trend": 7.863, "fair_value": 8.327808, "relative_strength": 0.354696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.901797, "energy": 19.645823, "activity_lines": [ 7.034667, 6.850909, 7.40319, 7.780108 ] }, { "date": "2024-12-06", "close": 7.24, "volume": 176725, "typical_volume": 437142.45, "trend": 7.921667, "fair_value": 8.285756, "relative_strength": -3.639275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.042447, "energy": 16.866257, "activity_lines": [ 7.12, 6.944727, 7.327905, 7.739914 ] }, { "date": "2024-12-13", "close": 7.2, "volume": 144334, "typical_volume": 437841.2, "trend": 7.975, "fair_value": 8.241538, "relative_strength": -4.242509, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.088642, "energy": 16.134573, "activity_lines": [ 7.190667, 7.024727, 7.25481, 7.693355 ] }, { "date": "2024-12-20", "close": 5.7, "volume": 9010333, "typical_volume": 881161.7, "trend": 7.965, "fair_value": 8.185128, "relative_strength": -21.857094, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.734515, "energy": 27.545887, "activity_lines": [ 6.726667, 6.815636, 7.047429, 7.546581 ] }, { "date": "2024-12-27", "close": 5.9, "volume": 638404, "typical_volume": 887670.45, "trend": 7.948333, "fair_value": 8.134808, "relative_strength": -20.632425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.995861, "energy": 36.811493, "activity_lines": [ 6.394667, 6.652, 6.873381, 7.413355 ] }, { "date": "2025-01-03", "close": 5.88, "volume": 336043, "typical_volume": 789650.3, "trend": 7.908333, "fair_value": 8.082782, "relative_strength": -22.434526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.671856, "energy": 48.956741, "activity_lines": [ 6.116, 6.488364, 6.721714, 7.279914 ] }, { "date": "2025-01-10", "close": 5.64, "volume": 286109, "typical_volume": 750652.35, "trend": 7.832333, "fair_value": 8.030808, "relative_strength": -26.144729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.303461, "energy": 58.34245, "activity_lines": [ 5.868, 6.298545, 6.568952, 7.13357 ] }, { "date": "2025-01-17", "close": 5.74, "volume": 405292, "typical_volume": 745491.1, "trend": 7.723667, "fair_value": 7.985167, "relative_strength": -25.196087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.431462, "energy": 53.573822, "activity_lines": [ 5.76, 6.155636, 6.452667, 6.998581 ] }, { "date": "2025-01-24", "close": 5.34, "volume": 1918734, "typical_volume": 823638.8, "trend": 7.597667, "fair_value": 7.942487, "relative_strength": -29.62556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.058937, "energy": 50.838548, "activity_lines": [ 5.616, 5.957091, 6.318571, 6.844796 ] }, { "date": "2025-01-31", "close": 5.6, "volume": 990244, "typical_volume": 859277.85, "trend": 7.485, "fair_value": 7.898269, "relative_strength": -26.949519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.94236, "energy": 42.099111, "activity_lines": [ 5.582667, 5.830182, 6.225905, 6.715914 ] }, { "date": "2025-02-07", "close": 5.8, "volume": 460191, "typical_volume": 867734.85, "trend": 7.355, "fair_value": 7.854038, "relative_strength": -22.268511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.516621, "energy": 37.49836, "activity_lines": [ 5.636, 5.761455, 6.162286, 6.607204 ] }, { "date": "2025-02-14", "close": 5.54, "volume": 583804, "typical_volume": 881933.95, "trend": 7.256333, "fair_value": 7.817679, "relative_strength": -25.502868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.57196, "energy": 36.789343, "activity_lines": [ 5.608, 5.677091, 6.08381, 6.490108 ] }, { "date": "2025-02-21", "close": 5.1, "volume": 675770, "typical_volume": 901041.7, "trend": 7.126333, "fair_value": 7.773782, "relative_strength": -31.486069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.535824, "energy": 45.021877, "activity_lines": [ 5.44, 5.543636, 5.96981, 6.350989 ] }, { "date": "2025-02-28", "close": 4.93, "volume": 378547, "typical_volume": 912244.9, "trend": 7.000667, "fair_value": 7.729744, "relative_strength": -32.946456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.940652, "energy": 64.451258, "activity_lines": [ 5.258, 5.417455, 5.845333, 6.20929 ] }, { "date": "2025-03-07", "close": 5.18, "volume": 355555, "typical_volume": 911045.05, "trend": 6.806667, "fair_value": 7.68859, "relative_strength": -29.367895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.994254, "energy": 63.58194, "activity_lines": [ 5.186667, 5.350727, 5.750714, 6.091828 ] }, { "date": "2025-03-14", "close": 5.52, "volume": 216572, "typical_volume": 904947.45, "trend": 6.642333, "fair_value": 7.659231, "relative_strength": -25.036947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.077663, "energy": 55.457859, "activity_lines": [ 5.256667, 5.358909, 5.692857, 6.008817 ] }, { "date": "2025-03-21", "close": 5.04, "volume": 284798, "typical_volume": 910516.7, "trend": 6.433667, "fair_value": 7.621731, "relative_strength": -32.430529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.421147, "energy": 57.589931, "activity_lines": [ 5.185333, 5.286364, 5.595571, 5.905441 ] }, { "date": "2025-03-28", "close": 5.0, "volume": 187497, "typical_volume": 910838.45, "trend": 6.267, "fair_value": 7.58359, "relative_strength": -31.716352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.263232, "energy": 44.039714, "activity_lines": [ 5.134, 5.217455, 5.504857, 5.812946 ] }, { "date": "2025-04-04", "close": 4.97, "volume": 195692, "typical_volume": 916252.55, "trend": 6.138, "fair_value": 7.548782, "relative_strength": -26.103432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.297415, "energy": 41.825153, "activity_lines": [ 5.079333, 5.156545, 5.419286, 5.729269 ] }, { "date": "2025-04-11", "close": 5.0, "volume": 146524, "typical_volume": 900361.85, "trend": 6.048, "fair_value": 7.513526, "relative_strength": -26.140382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.437807, "energy": 41.547249, "activity_lines": [ 5.032, 5.107818, 5.344714, 5.655849 ] }, { "date": "2025-04-18", "close": 5.0, "volume": 57981, "typical_volume": 872457.45, "trend": 5.952, "fair_value": 7.47891, "relative_strength": -28.023501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.680754, "energy": 38.249497, "activity_lines": [ 4.996667, 5.07, 5.278714, 5.588237 ] }, { "date": "2025-04-25", "close": 5.42, "volume": 59831, "typical_volume": 866612.75, "trend": 5.903333, "fair_value": 7.446346, "relative_strength": -22.31235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.063839, "energy": 28.232891, "activity_lines": [ 5.136, 5.123091, 5.26481, 5.553914 ] }, { "date": "2025-05-02", "close": 5.22, "volume": 50647, "typical_volume": 861928.4, "trend": 5.867333, "fair_value": 7.415705, "relative_strength": -27.603259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.43195, "energy": 22.176889, "activity_lines": [ 5.183333, 5.142, 5.240524, 5.509828 ] }, { "date": "2025-05-09", "close": 5.6, "volume": 137422, "typical_volume": 418282.85, "trend": 5.847333, "fair_value": 7.390705, "relative_strength": -22.040586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.812202, "energy": 14.86681, "activity_lines": [ 5.342667, 5.227818, 5.261857, 5.492581 ] }, { "date": "2025-05-16", "close": 7.6, "volume": 1949707, "typical_volume": 483848.0, "trend": 5.897333, "fair_value": 7.375321, "relative_strength": 1.364995, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.450956, "energy": 34.56513, "activity_lines": [ 6.126667, 5.665091, 5.474143, 5.605656 ] }, { "date": "2025-05-23", "close": 8.2, "volume": 1224737, "typical_volume": 528282.7, "trend": 5.942667, "fair_value": 7.369551, "relative_strength": 10.013432, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.955337, "energy": 65.868349, "activity_lines": [ 6.937333, 6.167455, 5.735476, 5.754215 ] }, { "date": "2025-05-30", "close": 8.34, "volume": 349325, "typical_volume": 531443.5, "trend": 5.98, "fair_value": 7.359551, "relative_strength": 10.639029, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.692815, "energy": 78.297534, "activity_lines": [ 7.581333, 6.646545, 5.999095, 5.908882 ] }, { "date": "2025-06-06", "close": 8.6, "volume": 602612, "typical_volume": 541309.5, "trend": 6.044, "fair_value": 7.350705, "relative_strength": 12.229817, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.148623, "energy": 90.372728, "activity_lines": [ 8.117333, 7.112909, 6.274619, 6.077914 ] }, { "date": "2025-06-13", "close": 9.48, "volume": 596378, "typical_volume": 475191.7, "trend": 6.137333, "fair_value": 7.348141, "relative_strength": 20.399044, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.11328, "energy": 93.648514, "activity_lines": [ 8.721333, 7.673818, 6.620333, 6.299591 ] }, { "date": "2025-06-20", "close": 9.78, "volume": 414820, "typical_volume": 446420.5, "trend": 6.236667, "fair_value": 7.350064, "relative_strength": 23.182882, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.312319, "energy": 92.301809, "activity_lines": [ 9.166667, 8.207273, 6.974905, 6.534602 ] }, { "date": "2025-06-27", "close": 8.9, "volume": 421100, "typical_volume": 444465.95, "trend": 6.282, "fair_value": 7.349423, "relative_strength": 15.018669, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.117882, "energy": 79.698518, "activity_lines": [ 9.173333, 8.493818, 7.225762, 6.70643 ] }, { "date": "2025-07-04", "close": 8.9, "volume": 558882, "typical_volume": 443219.85, "trend": 6.337333, "fair_value": 7.348782, "relative_strength": 13.714255, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.364675, "energy": 58.914131, "activity_lines": [ 9.133333, 8.709455, 7.461857, 6.875333 ] }, { "date": "2025-07-11", "close": 9.0, "volume": 246277, "typical_volume": 421745.2, "trend": 6.397333, "fair_value": 7.355192, "relative_strength": 15.899034, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.00849, "energy": 52.211567, "activity_lines": [ 9.089333, 8.88, 7.691476, 7.047118 ] }, { "date": "2025-07-18", "close": 8.9, "volume": 242887, "typical_volume": 414962.2, "trend": 6.504, "fair_value": 7.356603, "relative_strength": 15.51542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.799572, "energy": 43.821231, "activity_lines": [ 8.985333, 8.963636, 7.893, 7.208581 ] }, { "date": "2025-07-25", "close": 9.14, "volume": 259529, "typical_volume": 410160.9, "trend": 6.612, "fair_value": 7.360705, "relative_strength": 19.101445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.565725, "energy": 38.468683, "activity_lines": [ 9.0, 9.030909, 8.098476, 7.378645 ] }, { "date": "2025-08-01", "close": 8.9, "volume": 167099, "typical_volume": 407687.25, "trend": 6.712667, "fair_value": 7.365321, "relative_strength": 16.930146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.615456, "energy": 33.951794, "activity_lines": [ 8.977333, 9.026545, 8.262238, 7.526258 ] }, { "date": "2025-08-08", "close": 9.38, "volume": 468025, "typical_volume": 416848.6, "trend": 6.837333, "fair_value": 7.374167, "relative_strength": 22.923091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.358906, "energy": 37.183977, "activity_lines": [ 9.114667, 9.096727, 8.455619, 7.698344 ] }, { "date": "2025-08-15", "close": 9.28, "volume": 309848, "typical_volume": 422966.15, "trend": 6.955333, "fair_value": 7.382372, "relative_strength": 21.533533, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.662578, "energy": 40.608713, "activity_lines": [ 9.186667, 9.129818, 8.61881, 7.855935 ] }, { "date": "2025-08-22", "close": 9.36, "volume": 123163, "typical_volume": 419339.7, "trend": 7.089333, "fair_value": 7.384808, "relative_strength": 21.484742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.518015, "energy": 40.556977, "activity_lines": [ 9.266667, 9.165091, 8.769238, 8.011075 ] }, { "date": "2025-08-29", "close": 7.98, "volume": 519015, "typical_volume": 437964.25, "trend": 7.168667, "fair_value": 7.370256, "relative_strength": 5.624372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.260398, "energy": 24.771042, "activity_lines": [ 8.856, 8.951636, 8.767333, 8.068538 ] }, { "date": "2025-09-05", "close": 7.74, "volume": 257920, "typical_volume": 447961.2, "trend": 7.233333, "fair_value": 7.363718, "relative_strength": 4.45331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.781463, "energy": 11.34789, "activity_lines": [ 8.442667, 8.727273, 8.728381, 8.105398 ] }, { "date": "2025-09-12", "close": 7.92, "volume": 65882, "typical_volume": 448263.75, "trend": 7.312667, "fair_value": 7.355641, "relative_strength": 5.330156, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.075305, "energy": 14.441515, "activity_lines": [ 8.166667, 8.556727, 8.693524, 8.149699 ] }, { "date": "2025-09-19", "close": 7.38, "volume": 144410, "typical_volume": 452951.9, "trend": 7.388667, "fair_value": 7.346667, "relative_strength": -0.848919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -3.792218, "energy": 20.140803, "activity_lines": [ 7.808, 8.305818, 8.595333, 8.154043 ] }, { "date": "2025-09-26", "close": 7.0, "volume": 91682, "typical_volume": 450664.9, "trend": 7.457667, "fair_value": 7.335128, "relative_strength": -6.63383, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -28.711699, "energy": 37.364784, "activity_lines": [ 7.449333, 8.015273, 8.450667, 8.128968 ] }, { "date": "2025-10-03", "close": 7.2, "volume": 126430, "typical_volume": 359501.05, "trend": 7.525, "fair_value": 7.327436, "relative_strength": -3.27746, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.912047, "energy": 47.101546, "activity_lines": [ 7.314667, 7.795636, 8.318381, 8.112344 ] }, { "date": "2025-10-10", "close": 7.82, "volume": 228179, "typical_volume": 309673.15, "trend": 7.601667, "fair_value": 7.320128, "relative_strength": 4.822044, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.695649, "energy": 39.093876, "activity_lines": [ 7.438667, 7.724, 8.247048, 8.131376 ] }, { "date": "2025-10-17", "close": 7.4, "volume": 137165, "typical_volume": 299065.15, "trend": 7.680333, "fair_value": 7.310513, "relative_strength": 0.753393, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.087322, "energy": 25.293163, "activity_lines": [ 7.417333, 7.595636, 8.137524, 8.118366 ] }, { "date": "2025-10-24", "close": 7.3, "volume": 154585, "typical_volume": 276663.8, "trend": 7.757, "fair_value": 7.300897, "relative_strength": -1.697741, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.598716, "energy": 24.094024, "activity_lines": [ 7.397333, 7.485091, 8.022952, 8.093828 ] }, { "date": "2025-10-31", "close": 7.7, "volume": 160441, "typical_volume": 254866.95, "trend": 7.848, "fair_value": 7.298974, "relative_strength": 5.802083, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.263897, "energy": 14.327809, "activity_lines": [ 7.516, 7.483273, 7.952667, 8.090151 ] }, { "date": "2025-11-07", "close": 9.44, "volume": 584674, "typical_volume": 263359.65, "trend": 7.996, "fair_value": 7.302436, "relative_strength": 30.074301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 20.477267, "energy": 15.606568, "activity_lines": [ 8.168, 7.828, 8.056571, 8.19286 ] }, { "date": "2025-11-14", "close": 10.55, "volume": 1762655, "typical_volume": 330437.4, "trend": 8.181, "fair_value": 7.315577, "relative_strength": 42.810263, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.374363, "energy": 45.220097, "activity_lines": [ 9.040667, 8.348, 8.26781, 8.357634 ] }, { "date": "2025-11-21", "close": 10.1, "volume": 540936, "typical_volume": 329540.1, "trend": 8.337, "fair_value": 7.324038, "relative_strength": 38.388848, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.631507, "energy": 58.529584, "activity_lines": [ 9.581333, 8.735091, 8.428333, 8.481441 ] }, { "date": "2025-11-28", "close": 10.25, "volume": 465059, "typical_volume": 340479.2, "trend": 8.504667, "fair_value": 7.338205, "relative_strength": 37.496961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.502136, "energy": 69.11112, "activity_lines": [ 9.992, 9.109818, 8.597429, 8.60486 ] }, { "date": "2025-12-05", "close": 10.2, "volume": 316313, "typical_volume": 344150.5, "trend": 8.658, "fair_value": 7.347179, "relative_strength": 34.218169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.423886, "energy": 73.432312, "activity_lines": [ 10.189333, 9.423273, 8.75581, 8.714237 ] }, { "date": "2025-12-12", "close": 10.0, "volume": 339216, "typical_volume": 348134.85, "trend": 8.738, "fair_value": 7.363077, "relative_strength": 30.161162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.12101, "energy": 62.397179, "activity_lines": [ 10.153333, 9.642182, 8.888952, 8.800817 ] }, { "date": "2025-12-19", "close": 9.86, "volume": 216404, "typical_volume": 350600.1, "trend": 8.793333, "fair_value": 7.375, "relative_strength": 26.030376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.592986, "energy": 42.340283, "activity_lines": [ 10.033333, 9.784727, 9.004667, 8.873204 ] }, { "date": "2025-12-26", "close": 9.88, "volume": 21855, "typical_volume": 328291.6, "trend": 8.844667, "fair_value": 7.38859, "relative_strength": 24.891795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.175271, "energy": 36.587714, "activity_lines": [ 9.966, 9.893818, 9.117714, 8.943312 ] }, { "date": "2026-01-02", "close": 9.98, "volume": 74126, "typical_volume": 316505.5, "trend": 8.890667, "fair_value": 7.406154, "relative_strength": 22.966036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.339063, "energy": 29.312047, "activity_lines": [ 9.946667, 9.976, 9.237905, 9.016559 ] }, { "date": "2026-01-09", "close": 9.5, "volume": 233503, "typical_volume": 322022.5, "trend": 8.891333, "fair_value": 7.418846, "relative_strength": 16.20206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.072124, "energy": 24.036651, "activity_lines": [ 9.785333, 9.922182, 9.309048, 9.055871 ] }, { "date": "2026-01-16", "close": 9.0, "volume": 260870, "typical_volume": 309115.25, "trend": 8.865333, "fair_value": 7.427821, "relative_strength": 6.158149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.590204, "energy": 16.392293, "activity_lines": [ 9.504, 9.744727, 9.331905, 9.062882 ] }, { "date": "2026-01-23", "close": 8.96, "volume": 284538, "typical_volume": 310446.15, "trend": 8.867333, "fair_value": 7.431795, "relative_strength": 6.087516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.638165, "energy": 16.589066, "activity_lines": [ 9.276, 9.568, 9.346095, 9.068989 ] }, { "date": "2026-01-30", "close": 9.48, "volume": 555051, "typical_volume": 334904.6, "trend": 8.886667, "fair_value": 7.443077, "relative_strength": 9.790526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.185627, "energy": 17.441654, "activity_lines": [ 9.281333, 9.514727, 9.404, 9.108516 ] }, { "date": "2026-02-06", "close": 9.52, "volume": 77846, "typical_volume": 331576.4, "trend": 8.904, "fair_value": 7.454103, "relative_strength": 7.193367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.371437, "energy": 16.932762, "activity_lines": [ 9.326667, 9.48, 9.458286, 9.149376 ] }, { "date": "2026-02-13", "close": 9.24, "volume": 453752, "typical_volume": 349679.9, "trend": 8.915333, "fair_value": 7.461795, "relative_strength": 2.245453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.314088, "energy": 10.160948, "activity_lines": [ 9.309333, 9.407636, 9.475714, 9.171054 ] }, { "date": "2026-02-20", "close": 9.24, "volume": 253949, "typical_volume": 356055.85, "trend": 8.918667, "fair_value": 7.474231, "relative_strength": -1.650214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.846431, "energy": 9.239644, "activity_lines": [ 9.309333, 9.352727, 9.482476, 9.192 ] }, { "date": "2026-02-27", "close": 9.38, "volume": 363528, "typical_volume": 362823.3, "trend": 8.934667, "fair_value": 7.486282, "relative_strength": -1.204377, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.956833, "energy": 12.92449, "activity_lines": [ 9.34, 9.337091, 9.492857, 9.221763 ] }, { "date": "2026-03-06", "close": 9.5, "volume": 151079, "typical_volume": 363519.0, "trend": 8.938667, "fair_value": 7.499487, "relative_strength": -1.152162, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.37458, "energy": 13.469114, "activity_lines": [ 9.382667, 9.352, 9.507238, 9.258237 ] }, { "date": "2026-03-13", "close": 10.55, "volume": 507959, "typical_volume": 381187.7, "trend": 8.981, "fair_value": 7.522885, "relative_strength": 6.704316, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.258146, "energy": 42.155853, "activity_lines": [ 9.774, 9.564727, 9.611619, 9.362194 ] }, { "date": "2026-03-20", "close": 10.8, "volume": 247723, "typical_volume": 385551.8, "trend": 9.029, "fair_value": 7.549167, "relative_strength": 7.195834, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 70.150611, "energy": 63.824305, "activity_lines": [ 10.18, 9.812545, 9.724333, 9.479548 ] }, { "date": "2026-03-27", "close": 10.15, "volume": 239414, "typical_volume": 368288.8, "trend": 9.101333, "fair_value": 7.571923, "relative_strength": -0.699682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.490801, "energy": 58.802911, "activity_lines": [ 10.265333, 9.918545, 9.760381, 9.551871 ] }, { "date": "2026-04-03", "close": 10.4, "volume": 53673, "typical_volume": 282839.7, "trend": 9.19, "fair_value": 7.596282, "relative_strength": -2.345011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.793545, "energy": 61.736024, "activity_lines": [ 10.373333, 10.049091, 9.816857, 9.635656 ] }, { "date": "2026-04-10", "close": 10.75, "volume": 276411, "typical_volume": 269613.45, "trend": 9.284333, "fair_value": 7.620321, "relative_strength": 0.769448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.228964, "energy": 57.272996, "activity_lines": [ 10.53, 10.217091, 9.907381, 9.736301 ] }, { "date": "2026-04-17", "close": 10.4, "volume": 197296, "typical_volume": 256225.3, "trend": 9.385, "fair_value": 7.641474, "relative_strength": 0.538024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.656246, "energy": 35.693921, "activity_lines": [ 10.486667, 10.298364, 9.961476, 9.80828 ] }, { "date": "2026-04-24", "close": 10.4, "volume": 536535, "typical_volume": 267236.4, "trend": 9.498333, "fair_value": 7.66391, "relative_strength": -1.307566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.626684, "energy": 31.81217, "activity_lines": [ 10.453333, 10.363636, 10.014857, 9.873763 ] }, { "date": "2026-05-01", "close": 10.0, "volume": 66902, "typical_volume": 253620.7, "trend": 9.591667, "fair_value": 7.684423, "relative_strength": -6.756692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.161426, "energy": 22.3386, "activity_lines": [ 10.313333, 10.335091, 10.02919, 9.906129 ] }, { "date": "2026-05-08", "close": 10.85, "volume": 309268, "typical_volume": 258263.9, "trend": 9.692667, "fair_value": 7.689872, "relative_strength": 2.985578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.82488, "energy": 28.253817, "activity_lines": [ 10.466667, 10.447273, 10.124476, 9.987312 ] }, { "date": "2026-05-15", "close": 10.8, "volume": 134761, "typical_volume": 263909.2, "trend": 9.806, "fair_value": 7.697564, "relative_strength": -0.084519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.19076, "energy": 30.992141, "activity_lines": [ 10.573333, 10.523636, 10.210286, 10.058753 ] }, { "date": "2026-05-22", "close": 11.05, "volume": 205346, "typical_volume": 270470.2, "trend": 9.931, "fair_value": 7.704615, "relative_strength": 0.90317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.9434, "energy": 34.994815, "activity_lines": [ 10.76, 10.621818, 10.315524, 10.139011 ] }, { "date": "2026-05-29", "close": 10.55, "volume": 145768, "typical_volume": 266083.45, "trend": 10.026, "fair_value": 7.712949, "relative_strength": -1.558059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.563064, "energy": 35.051674, "activity_lines": [ 10.736667, 10.62, 10.368048, 10.178946 ] }, { "date": "2026-06-05", "close": 9.92, "volume": 6700, "typical_volume": 253374.95, "trend": 10.042, "fair_value": 7.722051, "relative_strength": -7.445824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.628393, "energy": 16.482603, "activity_lines": [ 10.493333, 10.508182, 10.355571, 10.172108 ] }, { "date": "2026-06-12", "close": 8.9, "volume": 93153, "typical_volume": 243805.7, "trend": 9.987, "fair_value": 7.725577, "relative_strength": -16.189162, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.419793, "energy": 16.580217, "activity_lines": [ 9.915333, 10.215091, 10.241571, 10.09843 ] }, { "date": "2026-06-19", "close": 9.3, "volume": 28925, "typical_volume": 217499.4, "trend": 9.960333, "fair_value": 7.735833, "relative_strength": -10.027216, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.095041, "energy": 24.204028, "activity_lines": [ 9.600667, 10.022, 10.165952, 10.054108 ] }, { "date": "2026-06-26", "close": 9.44, "volume": 9518, "typical_volume": 214083.0, "trend": 9.933333, "fair_value": 7.749872, "relative_strength": -6.083027, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.93727, "energy": 33.850911, "activity_lines": [ 9.432667, 9.880727, 10.104524, 10.020538 ] }, { "date": "2026-07-03", "close": 9.5, "volume": 2891, "typical_volume": 191539.95, "trend": 9.91, "fair_value": 7.762692, "relative_strength": -7.403414, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.506371, "energy": 40.283552, "activity_lines": [ 9.392, 9.767818, 10.04919, 9.992581 ] }, { "date": "2026-07-10", "close": 9.6, "volume": 78889, "typical_volume": 182786.95, "trend": 9.896667, "fair_value": 7.779359, "relative_strength": -5.676335, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.142086, "energy": 31.903894, "activity_lines": [ 9.454667, 9.689455, 10.002143, 9.972581 ] }, { "date": "2026-07-17", "close": 8.98, "volume": 112779, "typical_volume": 170249.5, "trend": 9.867333, "fair_value": 7.788526, "relative_strength": -12.598989, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.002942, "energy": 29.450783, "activity_lines": [ 9.332, 9.505636, 9.894333, 9.913441 ] }, { "date": "2026-07-24", "close": 9.1, "volume": 95051, "typical_volume": 167448.1, "trend": 9.841333, "fair_value": 7.804551, "relative_strength": -13.288291, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.269463, "energy": 24.643831, "activity_lines": [ 9.244, 9.377636, 9.799857, 9.863935 ] }, { "date": "2026-07-31", "close": 8.7, "volume": 167053, "typical_volume": 150402.8, "trend": 9.798667, "fair_value": 7.815449, "relative_strength": -17.157516, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.964097, "energy": 45.313689, "activity_lines": [ 9.036, 9.207818, 9.66919, 9.790301 ] }, { "date": "2026-08-07", "close": 8.5, "volume": 367095, "typical_volume": 156371.4, "trend": 9.765333, "fair_value": 7.813205, "relative_strength": -18.902954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.813445, "energy": 60.337427, "activity_lines": [ 8.810667, 9.044364, 9.528286, 9.706516 ] } ], "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." } } }