{ "ticker": { "uuid": "9c48abdf-778c-4731-bf8f-1624b2412f74", "symbol": "FBRX", "name": "Forte Biosciences Inc", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 92.483, "architecture_energy": 97.322, "architecture_maturity": 24.0, "architecture_confidence": 77.197, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 17.93, "rotation_up": 87.49, "upward_expansion": 97.67, "deceleration": 41.83, "rotation_down": 8.0, "downward_expansion": 22.0 }, "activity_lines": [ 66.422, 50.818, 38.596762, 34.916667 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 76.79, "trend_reference": 31.695667, "distance_from_trend": 1.422729, "trend_direction": "Improving", "fair_value": 17.376973, "distance_from_fair_value": 3.419067, "fair_value_direction": "Improving", "relative_strength": 170.444016, "relative_strength_direction": "Improving", "price_momentum": 1.783255, "excess_performance": 1.595801, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 1.422729, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.242115, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 3.419067, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 2.963374, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 1.70444, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 1.642091, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.783255, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 8.927456, "read": "Demand-led" } ], "volume": { "latest": 5964566, "relative_activity": 1.548448, "balance": 8.927456, "dry_up": 2.808895, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.103644, "annualized_volatility": 1.383958, "from_high_reference": -0.005311, "from_low_reference": 6.748739 }, "levels": { "trend_reference": 31.695667, "fair_value_reference": 17.376973, "structural_low": 15.51, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.127139, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.107075, "regime_survival": 0.75, "best_return": 0.501616, "worst_return": -0.339442, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.083439, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.128147, "regime_survival": 0.333333, "best_return": 0.524209, "worst_return": -0.642234, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.092928, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.081011, "regime_survival": 0.0, "best_return": 0.651388, "worst_return": -0.465532, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.215969, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.016071, "regime_survival": 1.0, "best_return": 0.215969, "worst_return": 0.215969, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": 0.20875, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-01-24", "tenure": "Developing", "return": -0.339442, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.427313, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.192308, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.542234, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-20", "tenure": "New", "return": 0.213074, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-27", "end": "2025-08-01", "tenure": "Developing", "return": -0.21551, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-26", "tenure": "Developing", "return": 0.360197, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2026-03-13", "tenure": "Established", "return": 0.726275, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-22", "tenure": "Developing", "return": -0.081277, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": -0.079182, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": 0.171989, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-07-24", "tenure": "New", "return": 0.247268, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.00248, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 20.8, "volume": 94489, "typical_volume": 414861.9, "trend": 25.17075, "fair_value": 322.568846, "relative_strength": -31.208753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.794461, "energy": 83.559121, "activity_lines": [ 22.211667, 23.428864, 24.392833, 24.813043 ] }, { "date": "2023-08-25", "close": 21.0, "volume": 108953, "typical_volume": 337007.1, "trend": 25.029083, "fair_value": 317.918205, "relative_strength": -30.890342, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.71056, "energy": 85.369588, "activity_lines": [ 21.5495, 22.843727, 23.997798, 24.543962 ] }, { "date": "2023-09-01", "close": 20.75, "volume": 63811, "typical_volume": 322163.05, "trend": 24.887417, "fair_value": 313.78359, "relative_strength": -33.307728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.585847, "energy": 85.032953, "activity_lines": [ 21.070667, 22.290409, 23.608714, 24.267892 ] }, { "date": "2023-09-08", "close": 20.9275, "volume": 232397, "typical_volume": 313965.9, "trend": 24.751667, "fair_value": 308.162933, "relative_strength": -31.041102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.758647, "energy": 79.85934, "activity_lines": [ 20.951, 21.860273, 23.266298, 24.012414 ] }, { "date": "2023-09-15", "close": 20.49, "volume": 191626, "typical_volume": 311174.55, "trend": 24.601333, "fair_value": 300.359984, "relative_strength": -31.306447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.788958, "energy": 64.912089, "activity_lines": [ 20.747333, 21.442818, 22.90994, 23.737468 ] }, { "date": "2023-09-22", "close": 19.25, "volume": 391314, "typical_volume": 320314.7, "trend": 24.384667, "fair_value": 292.630817, "relative_strength": -32.541224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.058336, "energy": 61.003572, "activity_lines": [ 20.232833, 20.886455, 22.465298, 23.39222 ] }, { "date": "2023-09-29", "close": 16.55, "volume": 205833, "typical_volume": 325617.3, "trend": 24.061333, "fair_value": 285.30101, "relative_strength": -41.288358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.243928, "energy": 68.877639, "activity_lines": [ 18.921667, 19.943727, 21.796845, 22.886758 ] }, { "date": "2023-10-06", "close": 15.975, "volume": 147957, "typical_volume": 320280.7, "trend": 23.760667, "fair_value": 278.166234, "relative_strength": -43.531225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.399449, "energy": 88.184022, "activity_lines": [ 17.7155, 19.050091, 21.119821, 22.365059 ] }, { "date": "2023-10-13", "close": 14.2575, "volume": 98655, "typical_volume": 316266.85, "trend": 23.402583, "fair_value": 272.039679, "relative_strength": -48.917408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.564953, "energy": 93.971196, "activity_lines": [ 16.255167, 18.012818, 20.320286, 21.751952 ] }, { "date": "2023-10-20", "close": 13.125, "volume": 133550, "typical_volume": 319303.55, "trend": 23.01775, "fair_value": 266.593365, "relative_strength": -50.817721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.620808, "energy": 94.272983, "activity_lines": [ 14.862, 16.907773, 19.466429, 21.088882 ] }, { "date": "2023-10-27", "close": 12.43, "volume": 82305, "typical_volume": 319469.15, "trend": 22.590417, "fair_value": 260.55766, "relative_strength": -51.398816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.748016, "energy": 92.748232, "activity_lines": [ 13.728167, 15.838227, 18.605905, 20.405801 ] }, { "date": "2023-11-03", "close": 12.0, "volume": 82434, "typical_volume": 317627.55, "trend": 22.082083, "fair_value": 255.088109, "relative_strength": -55.24567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.732709, "energy": 92.677168, "activity_lines": [ 12.905667, 14.842682, 17.763345, 19.722548 ] }, { "date": "2023-11-10", "close": 10.995, "volume": 129919, "typical_volume": 320158.9, "trend": 21.548583, "fair_value": 249.697051, "relative_strength": -59.49997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.726811, "energy": 91.988487, "activity_lines": [ 12.0515, 13.828045, 16.888167, 19.007253 ] }, { "date": "2023-11-17", "close": 11.225, "volume": 586957, "typical_volume": 339898.55, "trend": 21.031083, "fair_value": 243.315481, "relative_strength": -58.807679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.085011, "energy": 85.41595, "activity_lines": [ 11.606, 13.032591, 16.105155, 18.341215 ] }, { "date": "2023-11-24", "close": 11.27, "volume": 162542, "typical_volume": 339033.5, "trend": 20.515083, "fair_value": 237.475865, "relative_strength": -58.333653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.439048, "energy": 70.602905, "activity_lines": [ 11.377667, 12.421727, 15.396786, 17.711468 ] }, { "date": "2023-12-01", "close": 12.45, "volume": 120175, "typical_volume": 338061.15, "trend": 20.055083, "fair_value": 231.667853, "relative_strength": -53.333657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.871997, "energy": 65.074086, "activity_lines": [ 11.666333, 12.193045, 14.867369, 17.19114 ] }, { "date": "2023-12-08", "close": 15.25, "volume": 205676, "typical_volume": 342893.9, "trend": 19.688417, "fair_value": 226.063686, "relative_strength": -42.377022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.088335, "energy": 48.505661, "activity_lines": [ 12.887, 12.597091, 14.664381, 16.881134 ] }, { "date": "2023-12-15", "close": 18.75, "volume": 380624, "typical_volume": 357768.35, "trend": 19.4935, "fair_value": 219.935481, "relative_strength": -30.589915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.794959, "energy": 22.626799, "activity_lines": [ 15.057667, 13.661136, 14.841155, 16.820591 ] }, { "date": "2023-12-22", "close": 18.6175, "volume": 197869, "typical_volume": 202261.7, "trend": 19.264083, "fair_value": 213.960272, "relative_strength": -30.761643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.925273, "energy": 25.978891, "activity_lines": [ 16.667167, 14.650636, 15.036262, 16.764075 ] }, { "date": "2023-12-29", "close": 20.5425, "volume": 168050, "typical_volume": 189256.8, "trend": 19.094667, "fair_value": 208.257019, "relative_strength": -22.855962, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 20.487846, "energy": 39.945134, "activity_lines": [ 18.4255, 15.910864, 15.430119, 16.846554 ] }, { "date": "2024-01-05", "close": 20.7275, "volume": 160825, "typical_volume": 192573.6, "trend": 18.958833, "fair_value": 202.800144, "relative_strength": -18.637023, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.806329, "energy": 49.930444, "activity_lines": [ 19.627333, 17.069864, 15.848667, 16.951898 ] }, { "date": "2024-01-12", "close": 18.5, "volume": 144206, "typical_volume": 194336.25, "trend": 18.733833, "fair_value": 196.564567, "relative_strength": -28.664794, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.624004, "energy": 46.65468, "activity_lines": [ 19.534833, 17.673, 16.055417, 16.922296 ] }, { "date": "2024-01-19", "close": 17.42, "volume": 75847, "typical_volume": 194938.05, "trend": 18.456167, "fair_value": 190.427837, "relative_strength": -33.704483, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.059136, "energy": 42.344867, "activity_lines": [ 18.865667, 17.961591, 16.171214, 16.837532 ] }, { "date": "2024-01-26", "close": 18.6825, "volume": 64156, "typical_volume": 186526.0, "trend": 18.21225, "fair_value": 185.121314, "relative_strength": -28.420136, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.688125, "energy": 25.625078, "activity_lines": [ 18.706, 18.362909, 16.423107, 16.852134 ] }, { "date": "2024-02-02", "close": 14.7, "volume": 93075, "typical_volume": 181598.45, "trend": 17.860583, "fair_value": 179.080929, "relative_strength": -43.515554, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -16.279001, "energy": 14.942018, "activity_lines": [ 17.2145, 17.904545, 16.306405, 16.625538 ] }, { "date": "2024-02-09", "close": 15.75, "volume": 447153, "typical_volume": 184390.4, "trend": 17.55225, "fair_value": 173.728365, "relative_strength": -39.677214, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -15.310189, "energy": 17.555327, "activity_lines": [ 16.4625, 17.574727, 16.317274, 16.489371 ] }, { "date": "2024-02-16", "close": 17.2625, "volume": 187120, "typical_volume": 183454.75, "trend": 17.294333, "fair_value": 168.64992, "relative_strength": -31.936351, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.946072, "energy": 11.016905, "activity_lines": [ 16.5465, 17.459909, 16.488857, 16.470677 ] }, { "date": "2024-02-23", "close": 17.25, "volume": 142197, "typical_volume": 183166.75, "trend": 17.027667, "fair_value": 164.194792, "relative_strength": -31.854817, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.777884, "energy": 11.74573, "activity_lines": [ 16.708833, 17.306227, 16.655857, 16.467817 ] }, { "date": "2024-03-01", "close": 18.09, "volume": 359024, "typical_volume": 196185.2, "trend": 16.902167, "fair_value": 160.020689, "relative_strength": -28.828353, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.896717, "energy": 5.471855, "activity_lines": [ 17.1625, 17.332545, 16.896786, 16.536355 ] }, { "date": "2024-03-08", "close": 18.9275, "volume": 129956, "typical_volume": 196005.5, "trend": 16.798833, "fair_value": 155.400032, "relative_strength": -23.274614, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.32066, "energy": 20.048166, "activity_lines": [ 17.934833, 17.520727, 17.199226, 16.667022 ] }, { "date": "2024-03-15", "close": 15.5, "volume": 139584, "typical_volume": 198869.45, "trend": 16.622167, "fair_value": 151.028237, "relative_strength": -35.397174, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.344754, "energy": 7.097574, "activity_lines": [ 17.282833, 17.115091, 17.147607, 16.583226 ] }, { "date": "2024-03-22", "close": 17.51, "volume": 80904, "typical_volume": 198792.95, "trend": 16.505833, "fair_value": 146.329583, "relative_strength": -28.134826, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.621523, "energy": 17.444382, "activity_lines": [ 17.3175, 17.169955, 17.272798, 16.640505 ] }, { "date": "2024-03-29", "close": 17.405, "volume": 96009, "typical_volume": 197097.45, "trend": 16.394333, "fair_value": 141.301731, "relative_strength": -27.157872, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.854016, "energy": 15.901112, "activity_lines": [ 17.300667, 17.223727, 17.36175, 16.698516 ] }, { "date": "2024-04-05", "close": 17.4725, "volume": 106087, "typical_volume": 173053.95, "trend": 16.279167, "fair_value": 135.057965, "relative_strength": -25.03989, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.327772, "energy": 15.33931, "activity_lines": [ 17.296, 17.290045, 17.426607, 16.768075 ] }, { "date": "2024-04-12", "close": 18.0825, "volume": 185129, "typical_volume": 174183.3, "trend": 16.198917, "fair_value": 129.276442, "relative_strength": -20.764794, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.87493, "energy": 19.970602, "activity_lines": [ 17.535833, 17.489273, 17.51981, 16.884419 ] }, { "date": "2024-04-19", "close": 18.35, "volume": 147408, "typical_volume": 175544.95, "trend": 16.168917, "fair_value": 123.906891, "relative_strength": -13.712222, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.856107, "energy": 30.199768, "activity_lines": [ 17.921167, 17.675636, 17.606048, 17.023199 ] }, { "date": "2024-04-26", "close": 17.9075, "volume": 43666, "typical_volume": 167444.45, "trend": 16.214167, "fair_value": 118.222003, "relative_strength": -17.693212, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.372647, "energy": 27.795912, "activity_lines": [ 17.969, 17.734273, 17.622048, 17.135366 ] }, { "date": "2024-05-03", "close": 17.8525, "volume": 92436, "typical_volume": 153035.05, "trend": 16.27675, "fair_value": 113.105673, "relative_strength": -17.506559, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.866885, "energy": 25.690456, "activity_lines": [ 17.972, 17.771182, 17.620155, 17.241065 ] }, { "date": "2024-05-10", "close": 18.625, "volume": 47239, "typical_volume": 145503.55, "trend": 16.422333, "fair_value": 108.159359, "relative_strength": -13.913179, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.394202, "energy": 31.735397, "activity_lines": [ 18.202667, 17.937591, 17.696107, 17.392565 ] }, { "date": "2024-05-17", "close": 15.025, "volume": 140008, "typical_volume": 144101.45, "trend": 16.485667, "fair_value": 102.165929, "relative_strength": -30.94984, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.315206, "energy": 7.12947, "activity_lines": [ 17.1565, 17.439727, 17.429167, 17.302414 ] }, { "date": "2024-05-24", "close": 14.4975, "volume": 89620, "typical_volume": 140541.2, "trend": 16.554583, "fair_value": 96.563349, "relative_strength": -33.15309, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.582519, "energy": 26.929064, "activity_lines": [ 16.138333, 16.916909, 17.138262, 17.174145 ] }, { "date": "2024-05-31", "close": 14.845, "volume": 246035, "typical_volume": 145632.65, "trend": 16.649417, "fair_value": 90.225817, "relative_strength": -29.308797, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.705736, "energy": 39.509427, "activity_lines": [ 15.492833, 16.4755, 16.910119, 17.063849 ] }, { "date": "2024-06-07", "close": 14.5775, "volume": 87223, "typical_volume": 146201.45, "trend": 16.768833, "fair_value": 83.777596, "relative_strength": -31.315406, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.229679, "energy": 48.079321, "activity_lines": [ 14.962333, 16.033909, 16.673905, 16.930177 ] }, { "date": "2024-06-14", "close": 13.975, "volume": 65324, "typical_volume": 146259.85, "trend": 16.8605, "fair_value": 77.620385, "relative_strength": -35.300908, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.154057, "energy": 65.18413, "activity_lines": [ 14.449333, 15.534182, 16.393845, 16.74993 ] }, { "date": "2024-06-21", "close": 12.2175, "volume": 73861, "typical_volume": 145299.15, "trend": 16.892083, "fair_value": 71.982356, "relative_strength": -42.42522, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.032625, "energy": 71.464783, "activity_lines": [ 13.6605, 14.7785, 15.968821, 16.450382 ] }, { "date": "2024-06-28", "close": 13.425, "volume": 102112, "typical_volume": 128047.1, "trend": 16.924583, "fair_value": 66.456234, "relative_strength": -35.494559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.612339, "energy": 62.399507, "activity_lines": [ 13.461333, 14.349, 15.670619, 16.226699 ] }, { "date": "2024-07-05", "close": 14.225, "volume": 26299, "typical_volume": 120006.05, "trend": 16.890417, "fair_value": 61.024984, "relative_strength": -32.78689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.467889, "energy": 50.373632, "activity_lines": [ 13.600333, 14.1545, 15.459679, 16.052532 ] }, { "date": "2024-07-12", "close": 13.645, "volume": 110754, "typical_volume": 118433.9, "trend": 16.72025, "fair_value": 56.13649, "relative_strength": -34.200907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.892714, "energy": 39.448532, "activity_lines": [ 13.587333, 13.9215, 15.207964, 15.843151 ] }, { "date": "2024-07-19", "close": 14.75, "volume": 71530, "typical_volume": 104059.2, "trend": 16.591333, "fair_value": 51.37367, "relative_strength": -24.69875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.159691, "energy": 26.422848, "activity_lines": [ 14.004833, 13.965909, 15.078655, 15.716038 ] }, { "date": "2024-07-26", "close": 13.9275, "volume": 76560, "typical_volume": 101389.4, "trend": 16.370833, "fair_value": 46.661667, "relative_strength": -25.758869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.137669, "energy": 22.983369, "activity_lines": [ 14.0965, 13.931227, 14.886917, 15.544177 ] }, { "date": "2024-08-02", "close": 13.2525, "volume": 56071, "typical_volume": 97213.75, "trend": 16.121667, "fair_value": 42.432516, "relative_strength": -26.079421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.270319, "energy": 26.623938, "activity_lines": [ 13.849167, 13.793773, 14.654702, 15.342995 ] }, { "date": "2024-08-09", "close": 11.075, "volume": 129756, "typical_volume": 99656.35, "trend": 15.874167, "fair_value": 38.44101, "relative_strength": -37.368412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.475078, "energy": 39.92526, "activity_lines": [ 12.8875, 13.283045, 14.22581, 15.017403 ] }, { "date": "2024-08-16", "close": 7.5, "volume": 1984945, "typical_volume": 194103.15, "trend": 15.5435, "fair_value": 34.157356, "relative_strength": -58.925124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.843231, "energy": 77.021919, "activity_lines": [ 10.944167, 12.190864, 13.487083, 14.477134 ] }, { "date": "2024-08-23", "close": 7.915, "volume": 1353936, "typical_volume": 256495.6, "trend": 15.184583, "fair_value": 29.690465, "relative_strength": -56.189384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.267525, "energy": 84.987449, "activity_lines": [ 9.548833, 11.302818, 12.835048, 13.984973 ] }, { "date": "2024-08-30", "close": 7.9, "volume": 567806, "typical_volume": 275629.45, "trend": 14.957917, "fair_value": 28.930208, "relative_strength": -55.039894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.112734, "energy": 86.964116, "activity_lines": [ 8.604167, 10.522227, 12.227095, 13.515 ] }, { "date": "2024-09-06", "close": 7.61, "volume": 35147, "typical_volume": 270016.4, "trend": 14.686583, "fair_value": 28.320337, "relative_strength": -53.059335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.418799, "energy": 88.152479, "activity_lines": [ 7.964667, 9.767409, 11.640012, 13.040941 ] }, { "date": "2024-09-13", "close": 7.28, "volume": 59357, "typical_volume": 270800.95, "trend": 14.353833, "fair_value": 27.79008, "relative_strength": -56.682822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.590217, "energy": 85.990926, "activity_lines": [ 7.591333, 9.058318, 11.072643, 12.563097 ] }, { "date": "2024-09-20", "close": 7.08, "volume": 40878, "typical_volume": 268223.05, "trend": 14.014833, "fair_value": 27.316234, "relative_strength": -57.583811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.663423, "energy": 81.254844, "activity_lines": [ 7.404333, 8.439136, 10.536833, 12.093817 ] }, { "date": "2024-09-27", "close": 5.74, "volume": 102879, "typical_volume": 271005.05, "trend": 13.603167, "fair_value": 26.877067, "relative_strength": -65.295155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.813204, "energy": 80.787945, "activity_lines": [ 6.798667, 7.695682, 9.924702, 11.559957 ] }, { "date": "2024-10-04", "close": 5.02, "volume": 58798, "typical_volume": 266944.55, "trend": 13.139583, "fair_value": 26.473349, "relative_strength": -69.092611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.86732, "energy": 81.511861, "activity_lines": [ 6.098, 6.985136, 9.305357, 11.006204 ] }, { "date": "2024-10-11", "close": 4.55, "volume": 34715, "typical_volume": 264199.3, "trend": 12.774583, "fair_value": 26.057003, "relative_strength": -71.840616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.8137, "energy": 89.744829, "activity_lines": [ 5.432667, 6.351091, 8.688893, 10.452038 ] }, { "date": "2024-10-18", "close": 4.73, "volume": 39019, "typical_volume": 253848.5, "trend": 12.348583, "fair_value": 25.662644, "relative_strength": -70.309397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.829949, "energy": 88.554147, "activity_lines": [ 5.031333, 5.908, 8.13694, 9.933032 ] }, { "date": "2024-10-25", "close": 4.6785, "volume": 64588, "typical_volume": 252716.75, "trend": 11.924367, "fair_value": 25.25834, "relative_strength": -70.206507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.757828, "energy": 86.406181, "activity_lines": [ 4.782833, 5.570909, 7.62825, 9.438188 ] }, { "date": "2024-11-01", "close": 4.18, "volume": 83481, "typical_volume": 253624.6, "trend": 11.481283, "fair_value": 24.769109, "relative_strength": -72.545776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.422325, "energy": 83.868428, "activity_lines": [ 4.528267, 5.194482, 7.119221, 8.938552 ] }, { "date": "2024-11-08", "close": 5.125, "volume": 74324, "typical_volume": 253647.75, "trend": 11.049367, "fair_value": 24.2635, "relative_strength": -67.704224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.92565, "energy": 65.093876, "activity_lines": [ 4.6927, 5.057782, 6.746836, 8.528469 ] }, { "date": "2024-11-15", "close": 5.84, "volume": 49036, "typical_volume": 250993.95, "trend": 10.632367, "fair_value": 23.839397, "relative_strength": -61.476009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.890375, "energy": 62.948101, "activity_lines": [ 5.088467, 5.101536, 6.476319, 8.192381 ] }, { "date": "2024-11-22", "close": 16.0, "volume": 31153577, "typical_volume": 1807357.85, "trend": 10.568783, "fair_value": 23.502859, "relative_strength": 3.458161, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 7.226188, "energy": 24.53078, "activity_lines": [ 8.7849, 7.024745, 7.20954, 8.53868 ] }, { "date": "2024-11-29", "close": 21.71, "volume": 694978, "typical_volume": 1836569.05, "trend": 10.697367, "fair_value": 23.283051, "relative_strength": 38.38301, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.796258, "energy": 61.007946, "activity_lines": [ 13.633333, 9.827591, 8.478119, 9.257468 ] }, { "date": "2024-12-06", "close": 28.0, "volume": 904916, "typical_volume": 1878238.35, "trend": 11.009867, "fair_value": 23.089141, "relative_strength": 71.299822, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.795768, "energy": 71.826802, "activity_lines": [ 19.443, 13.508073, 10.30734, 10.373767 ] }, { "date": "2024-12-13", "close": 23.15, "volume": 572964, "typical_volume": 1903058.55, "trend": 11.2807, "fair_value": 22.876962, "relative_strength": 40.80336, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.830845, "energy": 75.662469, "activity_lines": [ 22.048, 15.902009, 11.611562, 11.157001 ] }, { "date": "2024-12-20", "close": 19.34, "volume": 240537, "typical_volume": 1912281.85, "trend": 11.442117, "fair_value": 22.645167, "relative_strength": 20.96181, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.044337, "energy": 88.163954, "activity_lines": [ 22.181333, 17.273582, 12.50901, 11.676956 ] }, { "date": "2024-12-27", "close": 22.92, "volume": 337647, "typical_volume": 1922676.4, "trend": 11.711283, "fair_value": 22.449141, "relative_strength": 42.642495, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.841016, "energy": 82.661504, "activity_lines": [ 22.608, 19.027155, 13.718421, 12.417465 ] }, { "date": "2025-01-03", "close": 24.5, "volume": 212745, "typical_volume": 1834066.4, "trend": 12.042033, "fair_value": 22.30491, "relative_strength": 54.157644, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.024717, "energy": 66.666834, "activity_lines": [ 23.1, 20.737273, 15.021905, 13.242543 ] }, { "date": "2025-01-10", "close": 17.78, "volume": 192972, "typical_volume": 1776018.2, "trend": 12.168867, "fair_value": 22.143244, "relative_strength": 15.136877, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.236649, "energy": 49.199075, "activity_lines": [ 21.166, 20.865182, 15.604436, 13.612734 ] }, { "date": "2025-01-17", "close": 15.6, "volume": 299477, "typical_volume": 1762601.75, "trend": 12.281617, "fair_value": 22.018885, "relative_strength": -1.065772, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.388278, "energy": 34.891609, "activity_lines": [ 19.186667, 20.349455, 15.932371, 13.834098 ] }, { "date": "2025-01-24", "close": 15.14, "volume": 186626, "typical_volume": 1770175.7, "trend": 12.338783, "fair_value": 21.869141, "relative_strength": -4.45544, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.830172, "energy": 23.20522, "activity_lines": [ 17.557333, 19.559636, 16.179831, 14.01851 ] }, { "date": "2025-01-31", "close": 15.89, "volume": 195673, "typical_volume": 1776991.5, "trend": 12.394283, "fair_value": 21.719397, "relative_strength": 1.951893, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.475969, "energy": 26.702238, "activity_lines": [ 16.458, 18.737091, 16.462862, 14.24762 ] }, { "date": "2025-02-07", "close": 11.91, "volume": 159117, "typical_volume": 1782903.45, "trend": 12.33645, "fair_value": 21.561769, "relative_strength": -23.007693, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.104423, "energy": 20.548038, "activity_lines": [ 14.500667, 17.192909, 16.325845, 14.216376 ] }, { "date": "2025-02-14", "close": 12.0, "volume": 111435, "typical_volume": 1783331.25, "trend": 12.244783, "fair_value": 21.425551, "relative_strength": -23.727234, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.310392, "energy": 16.514964, "activity_lines": [ 13.412667, 15.843273, 16.1744, 14.19467 ] }, { "date": "2025-02-21", "close": 10.98, "volume": 58330, "typical_volume": 1783307.85, "trend": 12.146533, "fair_value": 21.284397, "relative_strength": -27.712597, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.264645, "energy": 21.321376, "activity_lines": [ 12.37, 14.599091, 15.896002, 14.113071 ] }, { "date": "2025-02-28", "close": 9.1, "volume": 133663, "typical_volume": 1788255.25, "trend": 12.008117, "fair_value": 21.148821, "relative_strength": -37.016294, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.526419, "energy": 41.889477, "activity_lines": [ 11.008667, 13.234364, 15.410176, 13.91652 ] }, { "date": "2025-03-07", "close": 6.5, "volume": 82027, "typical_volume": 1790405.65, "trend": 11.855617, "fair_value": 20.972538, "relative_strength": -52.545425, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.079794, "energy": 62.88674, "activity_lines": [ 9.183333, 11.583091, 14.655064, 13.561158 ] }, { "date": "2025-03-14", "close": 5.8, "volume": 131883, "typical_volume": 1793770.4, "trend": 11.79895, "fair_value": 20.772538, "relative_strength": -55.858468, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.434074, "energy": 69.211353, "activity_lines": [ 7.750667, 10.103091, 13.824857, 13.170473 ] }, { "date": "2025-03-21", "close": 8.17, "volume": 304115, "typical_volume": 1804802.1, "trend": 11.80745, "fair_value": 20.581321, "relative_strength": -36.982215, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.450471, "energy": 63.523689, "activity_lines": [ 7.515333, 9.394, 13.215024, 12.936347 ] }, { "date": "2025-03-28", "close": 8.2, "volume": 551409, "typical_volume": 1828656.35, "trend": 11.81745, "fair_value": 20.391897, "relative_strength": -34.211709, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.858203, "energy": 62.86998, "activity_lines": [ 7.545333, 8.865091, 12.589048, 12.703609 ] }, { "date": "2025-04-04", "close": 5.88, "volume": 79115, "typical_volume": 1830160.3, "trend": 11.759783, "fair_value": 20.202026, "relative_strength": -46.657348, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.679643, "energy": 62.348566, "activity_lines": [ 6.987333, 8.048909, 11.727476, 12.320547 ] }, { "date": "2025-04-11", "close": 5.25, "volume": 136893, "typical_volume": 279326.1, "trend": 11.692117, "fair_value": 20.008115, "relative_strength": -54.697688, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.624788, "energy": 65.486287, "activity_lines": [ 6.434, 7.286545, 10.805714, 11.900561 ] }, { "date": "2025-04-18", "close": 7.34, "volume": 136235, "typical_volume": 251388.95, "trend": 11.700783, "fair_value": 19.846833, "relative_strength": -33.796549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.15441, "energy": 71.009841, "activity_lines": [ 6.660667, 7.097636, 10.13419, 11.61978 ] }, { "date": "2025-04-25", "close": 6.7068, "volume": 118420, "typical_volume": 212064.15, "trend": 11.73301, "fair_value": 19.705531, "relative_strength": -41.915594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.493468, "energy": 67.107698, "activity_lines": [ 6.5736, 6.876691, 9.47079, 11.297587 ] }, { "date": "2025-05-02", "close": 6.96, "volume": 202413, "typical_volume": 193536.6, "trend": 11.797677, "fair_value": 19.549826, "relative_strength": -40.463551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.852295, "energy": 52.692335, "activity_lines": [ 6.66848, 6.798022, 8.932901, 10.989651 ] }, { "date": "2025-05-09", "close": 6.38, "volume": 71464, "typical_volume": 185082.95, "trend": 11.858677, "fair_value": 19.401621, "relative_strength": -44.008907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.850684, "energy": 49.626499, "activity_lines": [ 6.652693, 6.686989, 8.416869, 10.640123 ] }, { "date": "2025-05-16", "close": 7.85, "volume": 102382, "typical_volume": 173319.7, "trend": 11.962677, "fair_value": 19.275659, "relative_strength": -34.546507, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.363841, "energy": 39.607901, "activity_lines": [ 7.093573, 6.892684, 8.10255, 10.381499 ] }, { "date": "2025-05-23", "close": 8.49, "volume": 107105, "typical_volume": 168037.7, "trend": 12.089727, "fair_value": 19.123351, "relative_strength": -26.572563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.261018, "energy": 31.371811, "activity_lines": [ 7.574453, 7.190196, 7.920947, 10.157455 ] }, { "date": "2025-05-30", "close": 8.5, "volume": 999494, "typical_volume": 208363.8, "trend": 12.233727, "fair_value": 18.977518, "relative_strength": -26.845187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.496081, "energy": 22.702299, "activity_lines": [ 7.982, 7.440618, 7.816533, 9.92586 ] }, { "date": "2025-06-06", "close": 11.32, "volume": 124683, "typical_volume": 199624.1, "trend": 12.440227, "fair_value": 18.856172, "relative_strength": -3.708854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -2.137885, "energy": 16.133868, "activity_lines": [ 9.21, 8.197767, 8.024882, 9.86691 ] }, { "date": "2025-06-13", "close": 12.085, "volume": 93562, "typical_volume": 194970.9, "trend": 12.648393, "fair_value": 18.747742, "relative_strength": 3.95329, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.502359, "energy": 24.657337, "activity_lines": [ 10.402333, 9.03728, 8.326469, 9.843992 ] }, { "date": "2025-06-20", "close": 14.66, "volume": 240391, "typical_volume": 197206.8, "trend": 12.603727, "fair_value": 18.633383, "relative_strength": 25.889593, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 25.841113, "energy": 39.566606, "activity_lines": [ 12.072667, 10.232156, 8.887841, 9.973773 ] }, { "date": "2025-06-27", "close": 12.25, "volume": 2796946, "typical_volume": 329098.25, "trend": 12.288393, "fair_value": 18.500371, "relative_strength": 1.515573, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.92054, "energy": 38.590498, "activity_lines": [ 12.485667, 10.81776, 9.225547, 9.950952 ] }, { "date": "2025-07-04", "close": 13.66, "volume": 389334, "typical_volume": 342993.2, "trend": 11.810393, "fair_value": 18.342742, "relative_strength": 11.963368, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.729015, "energy": 53.040544, "activity_lines": [ 13.118, 11.570455, 9.695919, 10.039443 ] }, { "date": "2025-07-11", "close": 10.55, "volume": 288928, "typical_volume": 354523.1, "trend": 11.390393, "fair_value": 18.206845, "relative_strength": -12.545841, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.580594, "energy": 28.094749, "activity_lines": [ 12.369667, 11.631273, 9.862196, 9.958127 ] }, { "date": "2025-07-18", "close": 10.18, "volume": 234641, "typical_volume": 359572.0, "trend": 11.08506, "fair_value": 18.071781, "relative_strength": -15.700872, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.38928, "energy": 14.263252, "activity_lines": [ 11.549333, 11.559545, 9.995283, 9.880037 ] }, { "date": "2025-07-25", "close": 11.6, "volume": 206752, "typical_volume": 365808.25, "trend": 10.707727, "fair_value": 17.947422, "relative_strength": -3.970205, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.152277, "energy": 10.860928, "activity_lines": [ 11.329333, 11.676909, 10.258465, 9.913259 ] }, { "date": "2025-08-01", "close": 9.61, "volume": 147957, "typical_volume": 366611.95, "trend": 10.211393, "fair_value": 17.813512, "relative_strength": -17.734488, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 0.760669, "energy": 10.041913, "activity_lines": [ 10.65, 11.364273, 10.307837, 9.842438 ] }, { "date": "2025-08-08", "close": 10.175, "volume": 574514, "typical_volume": 380131.9, "trend": 9.957893, "fair_value": 17.665595, "relative_strength": -15.490783, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.061691, "energy": 9.00098, "activity_lines": [ 10.335, 11.134, 10.392876, 9.84009 ] }, { "date": "2025-08-15", "close": 11.57, "volume": 145862, "typical_volume": 359854.55, "trend": 9.82356, "fair_value": 17.525018, "relative_strength": -4.732894, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.440317, "energy": 16.507817, "activity_lines": [ 10.717333, 11.126909, 10.601225, 9.944097 ] }, { "date": "2025-08-22", "close": 11.43, "volume": 321921, "typical_volume": 371994.85, "trend": 9.699893, "fair_value": 17.388351, "relative_strength": -5.296582, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.000761, "energy": 15.394217, "activity_lines": [ 10.985, 11.089818, 10.780192, 10.047738 ] }, { "date": "2025-08-29", "close": 11.0, "volume": 563023, "typical_volume": 393301.35, "trend": 9.536893, "fair_value": 17.250531, "relative_strength": -8.824944, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.404531, "energy": 19.411005, "activity_lines": [ 11.026, 10.986455, 10.891779, 10.131616 ] }, { "date": "2025-09-05", "close": 11.26, "volume": 213827, "typical_volume": 397180.95, "trend": 9.515227, "fair_value": 17.116781, "relative_strength": -7.795764, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.523559, "energy": 20.120175, "activity_lines": [ 11.193667, 10.996909, 11.000747, 10.242785 ] }, { "date": "2025-09-12", "close": 10.56, "volume": 293936, "typical_volume": 405956.75, "trend": 9.467227, "fair_value": 16.985755, "relative_strength": -15.289983, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.017049, "energy": 16.529303, "activity_lines": [ 11.018, 10.898091, 11.024381, 10.310189 ] }, { "date": "2025-09-19", "close": 13.51, "volume": 777534, "typical_volume": 434712.8, "trend": 9.55156, "fair_value": 16.902486, "relative_strength": 5.337629, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.941122, "energy": 36.237074, "activity_lines": [ 11.8, 11.392, 11.310619, 10.571013 ] }, { "date": "2025-09-26", "close": 13.84, "volume": 532421, "typical_volume": 457760.65, "trend": 9.70956, "fair_value": 16.819729, "relative_strength": 7.302839, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.215556, "energy": 55.509913, "activity_lines": [ 12.562667, 11.892091, 11.597095, 10.847687 ] }, { "date": "2025-10-03", "close": 15.49, "volume": 488079, "typical_volume": 477045.5, "trend": 10.009227, "fair_value": 16.745146, "relative_strength": 17.065827, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.752356, "energy": 71.132451, "activity_lines": [ 13.714667, 12.625636, 12.00519, 11.220618 ] }, { "date": "2025-10-10", "close": 15.27, "volume": 361838, "typical_volume": 489782.15, "trend": 10.324893, "fair_value": 16.677967, "relative_strength": 16.384346, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.583464, "energy": 77.833049, "activity_lines": [ 14.494, 13.248455, 12.355952, 11.560023 ] }, { "date": "2025-10-17", "close": 12.08, "volume": 469892, "typical_volume": 463302.05, "trend": 10.455227, "fair_value": 16.585531, "relative_strength": -10.92827, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.038245, "energy": 62.295209, "activity_lines": [ 13.942667, 13.188364, 12.370619, 11.673256 ] }, { "date": "2025-10-24", "close": 12.11, "volume": 576474, "typical_volume": 485891.6, "trend": 10.58556, "fair_value": 16.487678, "relative_strength": -13.364167, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.475627, "energy": 35.992185, "activity_lines": [ 13.3, 13.099091, 12.371095, 11.780015 ] }, { "date": "2025-10-31", "close": 12.94, "volume": 489308, "typical_volume": 505678.9, "trend": 10.820893, "fair_value": 16.415178, "relative_strength": -10.099774, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.958193, "energy": 21.405692, "activity_lines": [ 13.027333, 13.150909, 12.446857, 11.931915 ] }, { "date": "2025-11-07", "close": 12.08, "volume": 300673, "typical_volume": 508693.0, "trend": 11.04856, "fair_value": 16.32755, "relative_strength": -14.120658, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.177064, "energy": 19.593815, "activity_lines": [ 12.528, 13.018909, 12.436643, 12.013148 ] }, { "date": "2025-11-14", "close": 14.08, "volume": 339133, "typical_volume": 385802.35, "trend": 11.273227, "fair_value": 16.255947, "relative_strength": -0.693151, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.925204, "energy": 18.799981, "activity_lines": [ 12.922667, 13.230909, 12.62919, 12.208724 ] }, { "date": "2025-11-21", "close": 18.415, "volume": 1066802, "typical_volume": 419675.75, "trend": 11.6635, "fair_value": 16.212133, "relative_strength": 34.083492, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.777964, "energy": 46.858583, "activity_lines": [ 14.841667, 14.179818, 13.225881, 12.669484 ] }, { "date": "2025-11-28", "close": 18.56, "volume": 523966, "typical_volume": 431427.65, "trend": 12.050167, "fair_value": 16.172454, "relative_strength": 30.152673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.882982, "energy": 66.566335, "activity_lines": [ 16.386667, 15.012273, 13.813738, 13.114419 ] }, { "date": "2025-12-05", "close": 19.93, "volume": 293453, "typical_volume": 434368.25, "trend": 12.501833, "fair_value": 16.143191, "relative_strength": 40.909935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.542399, "energy": 76.94039, "activity_lines": [ 17.958333, 16.002, 14.493929, 13.622796 ] }, { "date": "2025-12-12", "close": 21.37, "volume": 512657, "typical_volume": 449663.5, "trend": 12.9525, "fair_value": 16.123127, "relative_strength": 55.204846, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.598867, "energy": 80.865983, "activity_lines": [ 19.544, 17.142818, 15.264833, 14.194935 ] }, { "date": "2025-12-19", "close": 29.69, "volume": 1598057, "typical_volume": 522168.5, "trend": 13.659167, "fair_value": 16.153191, "relative_strength": 112.496554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.910189, "energy": 93.061901, "activity_lines": [ 23.283667, 19.689455, 16.781595, 15.274774 ] }, { "date": "2025-12-26", "close": 27.87, "volume": 619174, "typical_volume": 524401.5, "trend": 14.304833, "fair_value": 16.171588, "relative_strength": 96.932311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.930401, "energy": 90.786799, "activity_lines": [ 25.376, 21.643, 18.029405, 16.191602 ] }, { "date": "2026-01-02", "close": 23.61, "volume": 608158, "typical_volume": 547516.3, "trend": 14.7145, "fair_value": 16.161076, "relative_strength": 71.06259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.607127, "energy": 79.888167, "activity_lines": [ 25.418, 22.534909, 18.787238, 16.791935 ] }, { "date": "2026-01-09", "close": 23.88, "volume": 868494, "typical_volume": 574844.95, "trend": 15.107667, "fair_value": 16.150691, "relative_strength": 68.868331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.196652, "energy": 63.902291, "activity_lines": [ 25.213333, 23.266818, 19.513452, 17.383258 ] }, { "date": "2026-01-16", "close": 33.39, "volume": 1106364, "typical_volume": 602012.0, "trend": 15.732, "fair_value": 16.202887, "relative_strength": 133.453036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.218084, "energy": 64.443864, "activity_lines": [ 27.915333, 25.528909, 21.086095, 18.562763 ] }, { "date": "2026-01-23", "close": 31.9, "volume": 988235, "typical_volume": 640732.4, "trend": 16.387, "fair_value": 16.245515, "relative_strength": 118.408011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.816284, "energy": 59.396759, "activity_lines": [ 29.319333, 27.132636, 22.410214, 19.60586 ] }, { "date": "2026-01-30", "close": 29.27, "volume": 1356213, "typical_volume": 693846.25, "trend": 16.907333, "fair_value": 16.272887, "relative_strength": 97.998013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.193363, "energy": 52.79796, "activity_lines": [ 29.699333, 27.934182, 23.385571, 20.437022 ] }, { "date": "2026-02-06", "close": 27.59, "volume": 1474077, "typical_volume": 728673.4, "trend": 17.475333, "fair_value": 16.289489, "relative_strength": 86.991303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.663414, "energy": 48.837999, "activity_lines": [ 29.426, 28.232909, 24.111833, 21.126226 ] }, { "date": "2026-02-13", "close": 32.11, "volume": 974674, "typical_volume": 750786.05, "trend": 18.206333, "fair_value": 16.335066, "relative_strength": 115.132192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.474288, "energy": 47.471417, "activity_lines": [ 30.394, 29.189273, 25.201524, 22.070398 ] }, { "date": "2026-02-20", "close": 29.04, "volume": 458582, "typical_volume": 749311.2, "trend": 18.787667, "fair_value": 16.356156, "relative_strength": 88.455985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.014432, "energy": 39.739703, "activity_lines": [ 29.79, 29.366, 25.911833, 22.769344 ] }, { "date": "2026-02-27", "close": 30.22, "volume": 1231114, "typical_volume": 792775.0, "trend": 19.474667, "fair_value": 16.381604, "relative_strength": 91.971352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.980241, "energy": 37.483388, "activity_lines": [ 29.869333, 29.617818, 26.67, 23.506914 ] }, { "date": "2026-03-06", "close": 28.76, "volume": 1097816, "typical_volume": 824171.2, "trend": 20.094167, "fair_value": 16.405739, "relative_strength": 80.354694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.874293, "energy": 30.93171, "activity_lines": [ 29.574, 29.594545, 27.217929, 24.105968 ] }, { "date": "2026-03-13", "close": 26.74, "volume": 820085, "typical_volume": 836351.75, "trend": 20.599833, "fair_value": 16.416893, "relative_strength": 65.454895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.631554, "energy": 23.323846, "activity_lines": [ 28.639333, 29.187818, 27.494048, 24.534731 ] }, { "date": "2026-03-20", "close": 23.5, "volume": 905625, "typical_volume": 857167.6, "trend": 21.002167, "fair_value": 16.409393, "relative_strength": 45.918409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.934012, "energy": 15.287721, "activity_lines": [ 26.681333, 28.135091, 27.391929, 24.721839 ] }, { "date": "2026-03-27", "close": 25.5, "volume": 1474463, "typical_volume": 915857.1, "trend": 21.4855, "fair_value": 16.410996, "relative_strength": 60.522762, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.223036, "energy": 17.126208, "activity_lines": [ 25.964, 27.452909, 27.43, 25.012022 ] }, { "date": "2026-04-03", "close": 25.58, "volume": 1291329, "typical_volume": 963466.9, "trend": 21.962833, "fair_value": 16.40029, "relative_strength": 51.785052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.554517, "energy": 14.551269, "activity_lines": [ 25.509333, 26.928727, 27.411786, 25.276183 ] }, { "date": "2026-04-10", "close": 35.09, "volume": 4172000, "typical_volume": 1118726.8, "trend": 22.7805, "fair_value": 16.452149, "relative_strength": 93.410116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.00423, "energy": 25.725854, "activity_lines": [ 28.534, 28.248545, 28.244524, 26.123097 ] }, { "date": "2026-04-17", "close": 33.92, "volume": 1677443, "typical_volume": 1176400.65, "trend": 23.460833, "fair_value": 16.498111, "relative_strength": 72.099086, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 59.650909, "energy": 40.043604, "activity_lines": [ 30.746667, 29.249818, 28.886429, 26.841774 ] }, { "date": "2026-04-24", "close": 27.45, "volume": 1039150, "typical_volume": 1213685.5, "trend": 23.9145, "fair_value": 16.502598, "relative_strength": 33.968152, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 46.900417, "energy": 36.213489, "activity_lines": [ 30.324, 28.959636, 28.839, 27.09914 ] }, { "date": "2026-05-01", "close": 28.19, "volume": 1200987, "typical_volume": 1248102.0, "trend": 24.337833, "fair_value": 16.515034, "relative_strength": 33.199382, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.060432, "energy": 35.4845, "activity_lines": [ 29.884667, 28.888727, 28.826238, 27.374978 ] }, { "date": "2026-05-08", "close": 24.02, "volume": 934665, "typical_volume": 1214932.4, "trend": 24.6295, "fair_value": 16.500739, "relative_strength": 6.234964, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.034279, "energy": 4.721121, "activity_lines": [ 27.876, 28.075091, 28.383857, 27.354473 ] }, { "date": "2026-05-15", "close": 23.11, "volume": 1129848, "typical_volume": 1240466.1, "trend": 24.997167, "fair_value": 16.491204, "relative_strength": 1.468276, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.311534, "energy": 13.036997, "activity_lines": [ 25.668, 27.208727, 27.88181, 27.256441 ] }, { "date": "2026-05-22", "close": 21.59, "volume": 1166892, "typical_volume": 1268402.8, "trend": 25.313167, "fair_value": 16.46614, "relative_strength": -7.085801, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.148236, "energy": 31.318997, "activity_lines": [ 23.752, 26.168727, 27.257667, 27.036624 ] }, { "date": "2026-05-29", "close": 19.07, "volume": 869255, "typical_volume": 1268440.85, "trend": 25.5175, "fair_value": 16.424121, "relative_strength": -20.682075, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.418551, "energy": 53.768372, "activity_lines": [ 21.818, 24.764182, 26.403143, 26.633839 ] }, { "date": "2026-06-05", "close": 16.52, "volume": 1769617, "typical_volume": 1301603.5, "trend": 25.6655, "fair_value": 16.371028, "relative_strength": -28.132375, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.538046, "energy": 64.487108, "activity_lines": [ 19.592667, 22.976545, 25.328667, 26.053355 ] }, { "date": "2026-06-12", "close": 17.56, "volume": 1310554, "typical_volume": 1317719.45, "trend": 25.7815, "fair_value": 16.321733, "relative_strength": -25.39045, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.555504, "energy": 73.134265, "activity_lines": [ 18.492, 21.541273, 24.433571, 25.530419 ] }, { "date": "2026-06-19", "close": 17.85, "volume": 696150, "typical_volume": 1284716.3, "trend": 25.762667, "fair_value": 16.271092, "relative_strength": -25.965571, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.64254, "energy": 72.922953, "activity_lines": [ 17.918667, 20.304545, 23.634381, 25.01871 ] }, { "date": "2026-06-26", "close": 21.03, "volume": 4065138, "typical_volume": 1414269.35, "trend": 25.845, "fair_value": 16.239233, "relative_strength": -9.060588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.103482, "energy": 60.845384, "activity_lines": [ 18.756, 19.959455, 23.192429, 24.713376 ] }, { "date": "2026-07-03", "close": 20.92, "volume": 1636991, "typical_volume": 1447385.2, "trend": 25.878, "fair_value": 16.211476, "relative_strength": -10.555528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.416153, "energy": 39.706966, "activity_lines": [ 19.594, 19.828727, 22.771238, 24.395634 ] }, { "date": "2026-07-10", "close": 43.92, "volume": 9325744, "typical_volume": 1890743.3, "trend": 26.629667, "fair_value": 16.332758, "relative_strength": 80.06952, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.955594, "energy": 29.175063, "activity_lines": [ 27.975333, 23.998545, 24.59381, 25.559634 ] }, { "date": "2026-07-17", "close": 48.86, "volume": 3432167, "typical_volume": 2000795.95, "trend": 27.268667, "fair_value": 16.485707, "relative_strength": 102.973054, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.391665, "energy": 59.563186, "activity_lines": [ 36.176667, 28.780545, 26.816, 26.993849 ] }, { "date": "2026-07-24", "close": 54.78, "volume": 3384832, "typical_volume": 2115146.75, "trend": 28.165667, "fair_value": 16.675002, "relative_strength": 123.858172, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.357804, "energy": 95.400065, "activity_lines": [ 44.264667, 34.187273, 29.513238, 28.768774 ] }, { "date": "2026-07-31", "close": 76.6, "volume": 30497471, "typical_volume": 3599016.05, "trend": 29.932, "fair_value": 17.025931, "relative_strength": 196.347879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.859897, "energy": 98.406658, "activity_lines": [ 57.164, 42.985455, 34.164667, 31.89357 ] }, { "date": "2026-08-07", "close": 76.79, "volume": 5964566, "typical_volume": 3851963.1, "trend": 31.695667, "fair_value": 17.376973, "relative_strength": 170.444016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.483314, "energy": 97.32172, "activity_lines": [ 66.422, 50.818, 38.596762, 34.916667 ] } ], "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." } } }