{ "ticker": { "uuid": "9e3596f8-44f0-495e-a061-0403b36e1693", "symbol": "BOOM", "name": "Dmc Global 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 23.472, "architecture_energy": 19.009, "architecture_maturity": 31.184, "architecture_confidence": 55.065, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 51.47, "rotation_up": 43.72, "upward_expansion": 33.41, "deceleration": 32.69, "rotation_down": 29.09, "downward_expansion": 26.74 }, "activity_lines": [ 6.802667, 6.621091, 6.655381, 6.559677 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 7.66, "trend_reference": 6.7205, "distance_from_trend": 0.139796, "trend_direction": "Improving", "fair_value": 10.988429, "distance_from_fair_value": -0.302903, "fair_value_direction": "Improving", "relative_strength": -1.791722, "relative_strength_direction": "Improving", "price_momentum": -0.060123, "excess_performance": -0.247576, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.139796, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.010298, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.302903, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.072659, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.017917, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.105155, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.060123, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.619989, "read": "Supply-led" } ], "volume": { "latest": 1498808, "relative_activity": 0.974956, "balance": 0.619989, "dry_up": 0.826773, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.11355, "annualized_volatility": 0.884458, "from_high_reference": -0.167391, "from_low_reference": 0.633262 }, "levels": { "trend_reference": 6.7205, "fair_value_reference": 10.988429, "structural_low": 4.69, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.090914, "positive_rate": 0.388889, "directional_follow_through": 0.388889, "median_excess_return": -0.057574, "regime_survival": 0.388889, "best_return": 0.227737, "worst_return": -0.38165, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.206432, "positive_rate": 0.1, "directional_follow_through": 0.1, "median_excess_return": -0.257979, "regime_survival": 0.1, "best_return": 0.003676, "worst_return": -0.425598, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.243646, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.33267, "regime_survival": 0.142857, "best_return": 0.254866, "worst_return": -0.552723, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.494698, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.548772, "regime_survival": 0.25, "best_return": 0.172382, "worst_return": -0.6617, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.204848, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-20", "tenure": "Developing", "return": 0.208655, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": 0.033088, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.085681, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-15", "tenure": "New", "return": 0.064957, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.01443, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-11-14", "tenure": "Developing", "return": -0.21419, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-01-16", "tenure": "Developing", "return": 0.493805, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": -0.049008, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-02-20", "tenure": "New", "return": 0.007067, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.196944, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.349474, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-29", "tenure": "Developing", "return": -0.19025, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.136499, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.87, "volume": 905864, "typical_volume": 1055735.0, "trend": 20.2095, "fair_value": 33.481474, "relative_strength": 3.311666, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.43012, "energy": 52.91253, "activity_lines": [ 21.063, 19.604545, 18.660048, 19.117204 ] }, { "date": "2023-08-25", "close": 22.93, "volume": 931020, "typical_volume": 1078029.65, "trend": 20.2625, "fair_value": 33.394519, "relative_strength": -1.888168, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.317498, "energy": 60.376203, "activity_lines": [ 22.004, 20.401364, 19.082214, 19.29272 ] }, { "date": "2023-09-01", "close": 25.3, "volume": 1049644, "typical_volume": 1108766.15, "trend": 20.2595, "fair_value": 33.320032, "relative_strength": 4.569685, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.099007, "energy": 75.977535, "activity_lines": [ 23.428667, 21.500727, 19.716524, 19.61772 ] }, { "date": "2023-09-08", "close": 26.47, "volume": 1144935, "typical_volume": 1140513.85, "trend": 20.304833, "fair_value": 33.276378, "relative_strength": 10.670519, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.048296, "energy": 82.493366, "activity_lines": [ 24.776, 22.650455, 20.435262, 20.018398 ] }, { "date": "2023-09-15", "close": 25.35, "volume": 1174202, "typical_volume": 1178937.85, "trend": 20.2885, "fair_value": 33.215801, "relative_strength": 6.451701, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.259718, "energy": 87.478954, "activity_lines": [ 25.217333, 23.438182, 21.017524, 20.343892 ] }, { "date": "2023-09-22", "close": 24.08, "volume": 840538, "typical_volume": 1187439.05, "trend": 20.2535, "fair_value": 33.171763, "relative_strength": 4.368125, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.753105, "energy": 81.439079, "activity_lines": [ 24.982667, 23.842455, 21.44831, 20.588505 ] }, { "date": "2023-09-29", "close": 24.47, "volume": 1137579, "typical_volume": 1222500.1, "trend": 20.1665, "fair_value": 33.11766, "relative_strength": 5.696471, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.107471, "energy": 66.910098, "activity_lines": [ 24.864, 24.206727, 21.890095, 20.860538 ] }, { "date": "2023-10-06", "close": 21.79, "volume": 874880, "typical_volume": 1241966.3, "trend": 20.117833, "fair_value": 33.039071, "relative_strength": -7.436922, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.704046, "energy": 37.774441, "activity_lines": [ 23.749333, 23.972182, 22.042929, 20.96528 ] }, { "date": "2023-10-13", "close": 20.89, "volume": 776327, "typical_volume": 1258068.55, "trend": 20.1135, "fair_value": 32.960032, "relative_strength": -11.269361, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.346654, "energy": 24.917841, "activity_lines": [ 22.568667, 23.510364, 22.088524, 21.015097 ] }, { "date": "2023-10-20", "close": 19.8, "volume": 845890, "typical_volume": 1272435.3, "trend": 20.099833, "fair_value": 32.847147, "relative_strength": -12.988889, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.816602, "energy": 22.792155, "activity_lines": [ 21.396667, 22.806545, 22.011262, 20.994871 ] }, { "date": "2023-10-27", "close": 18.71, "volume": 754732, "typical_volume": 1222212.25, "trend": 19.991167, "fair_value": 32.739071, "relative_strength": -15.049573, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.618325, "energy": 25.601512, "activity_lines": [ 20.231333, 21.936545, 21.82219, 20.905204 ] }, { "date": "2023-11-03", "close": 17.1, "volume": 1676369, "typical_volume": 1007913.2, "trend": 19.891833, "fair_value": 32.622019, "relative_strength": -26.307906, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.199031, "energy": 43.316762, "activity_lines": [ 18.887333, 20.867636, 21.47331, 20.718677 ] }, { "date": "2023-11-10", "close": 16.05, "volume": 1142394, "typical_volume": 983929.95, "trend": 19.7725, "fair_value": 32.484776, "relative_strength": -32.096433, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.431809, "energy": 69.012173, "activity_lines": [ 17.684667, 19.713818, 21.018571, 20.470817 ] }, { "date": "2023-11-17", "close": 15.87, "volume": 719489, "typical_volume": 956564.35, "trend": 19.627833, "fair_value": 32.321571, "relative_strength": -33.62213, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.093967, "energy": 74.471304, "activity_lines": [ 16.804667, 18.695455, 20.548214, 20.219043 ] }, { "date": "2023-11-24", "close": 16.24, "volume": 433725, "typical_volume": 931479.45, "trend": 19.537833, "fair_value": 32.157147, "relative_strength": -32.223427, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.450702, "energy": 72.43758, "activity_lines": [ 16.382667, 17.937091, 20.122095, 20.000473 ] }, { "date": "2023-12-01", "close": 16.57, "volume": 810715, "typical_volume": 929046.85, "trend": 19.4705, "fair_value": 31.970994, "relative_strength": -30.46441, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.058017, "energy": 72.883719, "activity_lines": [ 16.308, 17.404364, 19.730833, 19.809 ] }, { "date": "2023-12-08", "close": 17.07, "volume": 979307, "typical_volume": 945262.35, "trend": 19.459833, "fair_value": 31.778301, "relative_strength": -28.477289, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.349301, "energy": 55.905235, "activity_lines": [ 16.542667, 17.099091, 19.393905, 19.654129 ] }, { "date": "2023-12-15", "close": 18.51, "volume": 1215380, "typical_volume": 968739.2, "trend": 19.501167, "fair_value": 31.605417, "relative_strength": -24.640079, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.478336, "energy": 31.447661, "activity_lines": [ 17.259333, 17.190182, 19.200143, 19.592849 ] }, { "date": "2023-12-22", "close": 19.0, "volume": 839162, "typical_volume": 978617.0, "trend": 19.5715, "fair_value": 31.445096, "relative_strength": -22.914549, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -42.245111, "energy": 27.546816, "activity_lines": [ 17.975333, 17.43, 19.052, 19.560516 ] }, { "date": "2023-12-29", "close": 18.82, "volume": 504136, "typical_volume": 937814.4, "trend": 19.594833, "fair_value": 31.288494, "relative_strength": -23.223623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.592104, "energy": 27.461176, "activity_lines": [ 18.422667, 17.671455, 18.884238, 19.512032 ] }, { "date": "2024-01-05", "close": 18.02, "volume": 981471, "typical_volume": 941594.75, "trend": 19.617167, "fair_value": 31.083622, "relative_strength": -23.487131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.429434, "energy": 28.040869, "activity_lines": [ 18.431333, 17.785273, 18.653333, 19.41043 ] }, { "date": "2024-01-12", "close": 16.69, "volume": 1244450, "typical_volume": 957266.25, "trend": 19.6445, "fair_value": 30.870224, "relative_strength": -30.508649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.875706, "energy": 27.424741, "activity_lines": [ 17.9, 17.669818, 18.323619, 19.221581 ] }, { "date": "2024-01-19", "close": 17.05, "volume": 1358782, "typical_volume": 972723.15, "trend": 19.667167, "fair_value": 30.653173, "relative_strength": -30.097458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.295802, "energy": 37.87098, "activity_lines": [ 17.514, 17.627273, 18.057905, 19.054194 ] }, { "date": "2024-01-26", "close": 17.34, "volume": 1399810, "typical_volume": 985466.9, "trend": 19.653167, "fair_value": 30.397853, "relative_strength": -28.600106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.125242, "energy": 41.271256, "activity_lines": [ 17.322, 17.619273, 17.859095, 18.904054 ] }, { "date": "2024-02-02", "close": 16.45, "volume": 3292001, "typical_volume": 1091356.85, "trend": 19.636167, "fair_value": 30.137981, "relative_strength": -32.056256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.013691, "energy": 54.446543, "activity_lines": [ 16.944, 17.422727, 17.619, 18.697398 ] }, { "date": "2024-02-09", "close": 17.9, "volume": 1251169, "typical_volume": 1111888.4, "trend": 19.6335, "fair_value": 29.890288, "relative_strength": -26.337843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.810774, "energy": 37.136717, "activity_lines": [ 17.207333, 17.486, 17.559381, 18.585387 ] }, { "date": "2024-02-16", "close": 18.2, "volume": 959118, "typical_volume": 1102965.35, "trend": 19.629, "fair_value": 29.594135, "relative_strength": -22.797889, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.590932, "energy": 24.144492, "activity_lines": [ 17.578667, 17.579636, 17.557762, 18.492903 ] }, { "date": "2024-02-23", "close": 16.96, "volume": 1244707, "typical_volume": 1121456.7, "trend": 19.584667, "fair_value": 29.299071, "relative_strength": -27.867853, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.636739, "energy": 24.979359, "activity_lines": [ 17.436, 17.427273, 17.467905, 18.32071 ] }, { "date": "2024-03-01", "close": 16.57, "volume": 1251921, "typical_volume": 1145236.4, "trend": 19.521, "fair_value": 28.97266, "relative_strength": -29.569333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.640475, "energy": 28.027616, "activity_lines": [ 17.169333, 17.232182, 17.363905, 18.126215 ] }, { "date": "2024-03-08", "close": 17.13, "volume": 1062065, "typical_volume": 1156045.15, "trend": 19.373333, "fair_value": 28.65234, "relative_strength": -24.94483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.149064, "energy": 26.974815, "activity_lines": [ 17.140667, 17.183091, 17.33381, 17.971957 ] }, { "date": "2024-03-15", "close": 17.93, "volume": 822093, "typical_volume": 1159413.2, "trend": 19.175333, "fair_value": 28.414712, "relative_strength": -19.684678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.198379, "energy": 21.368753, "activity_lines": [ 17.333333, 17.310182, 17.392619, 17.878839 ] }, { "date": "2024-03-22", "close": 18.7, "volume": 1214523, "typical_volume": 1136320.9, "trend": 19.034333, "fair_value": 28.169199, "relative_strength": -17.959138, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.436636, "energy": 4.691749, "activity_lines": [ 17.780667, 17.578909, 17.528476, 17.848172 ] }, { "date": "2024-03-29", "close": 19.49, "volume": 709562, "typical_volume": 1114679.3, "trend": 18.840667, "fair_value": 27.939712, "relative_strength": -13.219177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.559979, "energy": 14.684094, "activity_lines": [ 18.458, 17.954727, 17.731952, 17.87757 ] }, { "date": "2024-04-05", "close": 18.93, "volume": 642346, "typical_volume": 1110822.15, "trend": 18.589333, "fair_value": 27.730737, "relative_strength": -14.365223, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.432248, "energy": 26.892621, "activity_lines": [ 18.78, 18.184364, 17.865714, 17.883333 ] }, { "date": "2024-04-12", "close": 17.53, "volume": 549619, "typical_volume": 1116616.85, "trend": 18.328667, "fair_value": 27.483942, "relative_strength": -19.62184, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.574491, "energy": 23.464567, "activity_lines": [ 18.478, 18.130545, 17.851571, 17.814989 ] }, { "date": "2024-04-19", "close": 17.02, "volume": 781759, "typical_volume": 1115169.05, "trend": 18.093333, "fair_value": 27.272532, "relative_strength": -16.768259, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.615058, "energy": 9.172083, "activity_lines": [ 17.979333, 17.964364, 17.782714, 17.730559 ] }, { "date": "2024-04-26", "close": 16.49, "volume": 665289, "typical_volume": 1099468.15, "trend": 17.827333, "fair_value": 27.032083, "relative_strength": -21.783246, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.115751, "energy": 21.731851, "activity_lines": [ 17.364667, 17.717818, 17.661238, 17.627118 ] }, { "date": "2024-05-03", "close": 13.64, "volume": 1536140, "typical_volume": 1115506.15, "trend": 17.555667, "fair_value": 26.76266, "relative_strength": -35.28956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -80.166305, "energy": 65.487417, "activity_lines": [ 15.947333, 16.984182, 17.271095, 17.356968 ] }, { "date": "2024-05-10", "close": 13.55, "volume": 1586715, "typical_volume": 1152883.8, "trend": 17.311, "fair_value": 26.504647, "relative_strength": -36.084052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.116945, "energy": 82.009922, "activity_lines": [ 14.89, 16.294545, 16.895571, 17.098538 ] }, { "date": "2024-05-17", "close": 13.1, "volume": 1349957, "typical_volume": 1195174.85, "trend": 17.087667, "fair_value": 26.255737, "relative_strength": -38.978909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.550539, "energy": 87.558071, "activity_lines": [ 14.041333, 15.578, 16.503143, 16.82686 ] }, { "date": "2024-05-24", "close": 13.18, "volume": 1761372, "typical_volume": 1234169.9, "trend": 16.903333, "fair_value": 26.000673, "relative_strength": -38.94139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.017409, "energy": 90.275154, "activity_lines": [ 13.514667, 14.949273, 16.145571, 16.574753 ] }, { "date": "2024-05-31", "close": 12.99, "volume": 1759689, "typical_volume": 1259931.85, "trend": 16.766333, "fair_value": 25.700353, "relative_strength": -38.28558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.593321, "energy": 89.085802, "activity_lines": [ 13.180667, 14.372364, 15.792952, 16.32228 ] }, { "date": "2024-06-07", "close": 12.6, "volume": 2301840, "typical_volume": 1307084.75, "trend": 16.651333, "fair_value": 25.394519, "relative_strength": -41.188329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.62631, "energy": 87.664697, "activity_lines": [ 12.95, 13.828364, 15.42081, 16.053484 ] }, { "date": "2024-06-14", "close": 14.43, "volume": 2720605, "typical_volume": 1373124.5, "trend": 16.603333, "fair_value": 25.134263, "relative_strength": -34.566018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.899124, "energy": 56.712095, "activity_lines": [ 13.398667, 13.742364, 15.244143, 15.910172 ] }, { "date": "2024-06-21", "close": 14.45, "volume": 1470611, "typical_volume": 1282055.0, "trend": 16.543667, "fair_value": 24.862147, "relative_strength": -34.189685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.689517, "energy": 44.707607, "activity_lines": [ 13.795333, 13.741818, 15.083238, 15.771247 ] }, { "date": "2024-06-28", "close": 14.42, "volume": 1098534, "typical_volume": 1274423.25, "trend": 16.472, "fair_value": 24.575032, "relative_strength": -33.776105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.160674, "energy": 34.75397, "activity_lines": [ 14.092, 13.791818, 14.929, 15.634237 ] }, { "date": "2024-07-05", "close": 13.9, "volume": 745837, "typical_volume": 1263759.2, "trend": 16.366333, "fair_value": 24.298429, "relative_strength": -37.868522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.247915, "energy": 26.209584, "activity_lines": [ 14.132667, 13.794545, 14.74181, 15.468301 ] }, { "date": "2024-07-12", "close": 14.55, "volume": 894060, "typical_volume": 1246226.85, "trend": 16.234333, "fair_value": 24.066122, "relative_strength": -34.272445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.09447, "energy": 22.977635, "activity_lines": [ 14.329333, 13.962545, 14.637, 15.351118 ] }, { "date": "2024-07-19", "close": 13.99, "volume": 1065338, "typical_volume": 1236897.7, "trend": 16.067333, "fair_value": 23.887596, "relative_strength": -33.636118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.121308, "energy": 24.953477, "activity_lines": [ 14.209333, 14.012182, 14.490333, 15.206323 ] }, { "date": "2024-07-26", "close": 14.08, "volume": 1109141, "typical_volume": 1239251.5, "trend": 15.909333, "fair_value": 23.697276, "relative_strength": -30.91154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.522571, "energy": 25.423565, "activity_lines": [ 14.148667, 14.070182, 14.364524, 15.078108 ] }, { "date": "2024-08-02", "close": 12.91, "volume": 1402023, "typical_volume": 1268248.0, "trend": 15.739, "fair_value": 23.50266, "relative_strength": -34.03291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.562532, "energy": 42.787278, "activity_lines": [ 13.722667, 13.897636, 14.14181, 14.884602 ] }, { "date": "2024-08-09", "close": 11.49, "volume": 1595832, "typical_volume": 1287313.45, "trend": 15.565667, "fair_value": 23.316955, "relative_strength": -40.621072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.245476, "energy": 74.287322, "activity_lines": [ 12.924, 13.471818, 13.807762, 14.610473 ] }, { "date": "2024-08-16", "close": 11.72, "volume": 885423, "typical_volume": 1296106.5, "trend": 15.388, "fair_value": 23.154391, "relative_strength": -41.459473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.819253, "energy": 82.622186, "activity_lines": [ 12.362667, 13.115091, 13.529952, 14.362366 ] }, { "date": "2024-08-23", "close": 11.9, "volume": 775420, "typical_volume": 1302760.2, "trend": 15.206667, "fair_value": 22.965673, "relative_strength": -40.120241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.186669, "energy": 82.304544, "activity_lines": [ 12.05, 12.807091, 13.306286, 14.137333 ] }, { "date": "2024-08-30", "close": 12.37, "volume": 674527, "typical_volume": 1309005.6, "trend": 15.070667, "fair_value": 22.788878, "relative_strength": -36.034956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.94303, "energy": 76.020496, "activity_lines": [ 12.033333, 12.630545, 13.160857, 13.954323 ] }, { "date": "2024-09-06", "close": 10.94, "volume": 636044, "typical_volume": 1301719.85, "trend": 14.838667, "fair_value": 22.60234, "relative_strength": -38.580551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.575835, "energy": 76.703495, "activity_lines": [ 11.654, 12.231818, 12.90381, 13.687828 ] }, { "date": "2024-09-13", "close": 10.72, "volume": 911365, "typical_volume": 1314023.65, "trend": 14.589333, "fair_value": 22.418622, "relative_strength": -41.886965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.077969, "energy": 79.851357, "activity_lines": [ 11.332667, 11.856364, 12.654762, 13.422108 ] }, { "date": "2024-09-20", "close": 12.91, "volume": 2669364, "typical_volume": 1370684.85, "trend": 14.454333, "fair_value": 22.26484, "relative_strength": -29.618999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.315796, "energy": 47.556013, "activity_lines": [ 11.792667, 11.936909, 12.641762, 13.313763 ] }, { "date": "2024-09-27", "close": 13.0, "volume": 907792, "typical_volume": 1336738.7, "trend": 14.335333, "fair_value": 22.095032, "relative_strength": -28.331672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.448921, "energy": 34.22612, "activity_lines": [ 12.203333, 12.063636, 12.64081, 13.219935 ] }, { "date": "2024-10-04", "close": 13.31, "volume": 694700, "typical_volume": 1303975.85, "trend": 14.208, "fair_value": 21.925096, "relative_strength": -25.444847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.790367, "energy": 18.802177, "activity_lines": [ 12.644, 12.264727, 12.672, 13.153785 ] }, { "date": "2024-10-11", "close": 13.47, "volume": 837169, "typical_volume": 1257765.7, "trend": 14.059333, "fair_value": 21.745096, "relative_strength": -24.26865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.905793, "energy": 21.94612, "activity_lines": [ 13.075333, 12.508909, 12.717429, 13.106172 ] }, { "date": "2024-10-18", "close": 12.97, "volume": 608987, "typical_volume": 1200230.6, "trend": 13.868333, "fair_value": 21.560801, "relative_strength": -26.060638, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.797193, "energy": 21.811976, "activity_lines": [ 13.171333, 12.652, 12.713857, 13.035892 ] }, { "date": "2024-10-25", "close": 10.36, "volume": 2865610, "typical_volume": 1228419.1, "trend": 13.564, "fair_value": 21.359391, "relative_strength": -39.945985, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.847039, "energy": 27.563682, "activity_lines": [ 12.247333, 12.293636, 12.46181, 12.809548 ] }, { "date": "2024-11-01", "close": 9.87, "volume": 1019424, "typical_volume": 1143360.05, "trend": 13.262, "fair_value": 21.144712, "relative_strength": -40.99449, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.983596, "energy": 56.17757, "activity_lines": [ 11.33, 11.870909, 12.173762, 12.571226 ] }, { "date": "2024-11-08", "close": 9.27, "volume": 1818363, "typical_volume": 1160747.65, "trend": 12.986667, "fair_value": 20.931699, "relative_strength": -46.723762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.066655, "energy": 79.980145, "activity_lines": [ 10.421333, 11.376, 11.850286, 12.313677 ] }, { "date": "2024-11-15", "close": 8.02, "volume": 1703723, "typical_volume": 1191007.1, "trend": 12.686667, "fair_value": 20.738942, "relative_strength": -51.582416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.971819, "energy": 89.812446, "activity_lines": [ 9.365333, 10.710182, 11.432429, 11.993247 ] }, { "date": "2024-11-22", "close": 7.4, "volume": 1412115, "typical_volume": 1224321.0, "trend": 12.383667, "fair_value": 20.548942, "relative_strength": -55.437189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.14438, "energy": 93.356428, "activity_lines": [ 8.466, 9.984727, 10.986, 11.652172 ] }, { "date": "2024-11-29", "close": 8.05, "volume": 925374, "typical_volume": 1225886.7, "trend": 12.197333, "fair_value": 20.372853, "relative_strength": -51.12581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.78108, "energy": 88.415166, "activity_lines": [ 8.154667, 9.437818, 10.632429, 11.372581 ] }, { "date": "2024-12-06", "close": 8.01, "volume": 909538, "typical_volume": 1218096.7, "trend": 12.012667, "fair_value": 20.172917, "relative_strength": -52.099304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.655966, "energy": 86.668848, "activity_lines": [ 7.984, 8.972, 10.306, 11.10243 ] }, { "date": "2024-12-13", "close": 7.4, "volume": 886653, "typical_volume": 1206972.3, "trend": 11.822667, "fair_value": 19.972981, "relative_strength": -55.216515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.336073, "energy": 82.966864, "activity_lines": [ 7.734, 8.486, 9.949952, 10.804839 ] }, { "date": "2024-12-20", "close": 6.84, "volume": 1290650, "typical_volume": 1201403.65, "trend": 11.611333, "fair_value": 19.75516, "relative_strength": -56.762161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.035811, "energy": 83.737069, "activity_lines": [ 7.422, 8.005636, 9.572381, 10.483376 ] }, { "date": "2024-12-27", "close": 7.06, "volume": 687128, "typical_volume": 1155968.45, "trend": 11.413667, "fair_value": 19.546506, "relative_strength": -54.845127, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.884342, "energy": 81.771317, "activity_lines": [ 7.262, 7.685818, 9.244667, 10.189742 ] }, { "date": "2025-01-03", "close": 7.29, "volume": 889529, "typical_volume": 1156173.75, "trend": 11.236667, "fair_value": 19.316635, "relative_strength": -52.041221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.730699, "energy": 73.107287, "activity_lines": [ 7.201333, 7.515273, 8.959952, 9.923699 ] }, { "date": "2025-01-10", "close": 7.4, "volume": 596114, "typical_volume": 1147208.45, "trend": 11.002333, "fair_value": 19.065481, "relative_strength": -49.346887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.599387, "energy": 64.164043, "activity_lines": [ 7.228, 7.420545, 8.70681, 9.676172 ] }, { "date": "2025-01-17", "close": 7.45, "volume": 597315, "typical_volume": 1143347.85, "trend": 10.769, "fair_value": 18.85266, "relative_strength": -49.535877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.919337, "energy": 57.729847, "activity_lines": [ 7.312, 7.379818, 8.479857, 9.446989 ] }, { "date": "2025-01-24", "close": 7.31, "volume": 682829, "typical_volume": 1145687.1, "trend": 10.532, "fair_value": 18.648558, "relative_strength": -50.297804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.869285, "energy": 58.91481, "activity_lines": [ 7.346, 7.346727, 8.263, 9.223828 ] }, { "date": "2025-01-31", "close": 8.14, "volume": 1708238, "typical_volume": 1185530.75, "trend": 10.34, "fair_value": 18.461314, "relative_strength": -42.968831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.39317, "energy": 42.758668, "activity_lines": [ 7.625333, 7.477455, 8.142476, 9.069505 ] }, { "date": "2025-02-07", "close": 7.92, "volume": 730923, "typical_volume": 1088608.7, "trend": 10.119, "fair_value": 18.274776, "relative_strength": -43.541953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.566298, "energy": 36.603488, "activity_lines": [ 7.759333, 7.554727, 8.013286, 8.913376 ] }, { "date": "2025-02-14", "close": 8.6, "volume": 1451134, "typical_volume": 1115775.8, "trend": 9.939333, "fair_value": 18.104263, "relative_strength": -39.274222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.174196, "energy": 24.369214, "activity_lines": [ 8.078, 7.758, 7.972619, 8.815376 ] }, { "date": "2025-02-21", "close": 8.44, "volume": 752829, "typical_volume": 1118682.25, "trend": 9.751333, "fair_value": 17.953429, "relative_strength": -37.993755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.432802, "energy": 25.206038, "activity_lines": [ 8.263333, 7.921455, 7.937667, 8.718645 ] }, { "date": "2025-02-28", "close": 8.48, "volume": 1875004, "typical_volume": 1170574.0, "trend": 9.603667, "fair_value": 17.835417, "relative_strength": -34.495473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.423478, "energy": 19.171491, "activity_lines": [ 8.396, 8.073273, 7.929714, 8.636624 ] }, { "date": "2025-03-07", "close": 8.25, "volume": 980583, "typical_volume": 1189153.8, "trend": 9.495667, "fair_value": 17.676122, "relative_strength": -33.013068, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.526605, "energy": 17.192078, "activity_lines": [ 8.374, 8.153455, 7.923619, 8.54929 ] }, { "date": "2025-03-14", "close": 8.09, "volume": 859714, "typical_volume": 1088859.0, "trend": 9.374667, "fair_value": 17.504968, "relative_strength": -31.348919, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.130661, "energy": 12.894597, "activity_lines": [ 8.291333, 8.182909, 7.924762, 8.458602 ] }, { "date": "2025-03-21", "close": 8.77, "volume": 851852, "typical_volume": 1080480.4, "trend": 9.270333, "fair_value": 17.356506, "relative_strength": -24.348999, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.008802, "energy": 7.98005, "activity_lines": [ 8.424, 8.321455, 8.001476, 8.419591 ] }, { "date": "2025-03-28", "close": 8.39, "volume": 727066, "typical_volume": 1025915.55, "trend": 9.137667, "fair_value": 17.204455, "relative_strength": -24.314782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.472428, "energy": 9.189438, "activity_lines": [ 8.418667, 8.366, 8.047238, 8.362796 ] }, { "date": "2025-04-04", "close": 7.02, "volume": 1136374, "typical_volume": 997548.1, "trend": 9.007, "fair_value": 17.072468, "relative_strength": -28.185246, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.561712, "energy": 24.161255, "activity_lines": [ 7.96, 8.144364, 7.966714, 8.226172 ] }, { "date": "2025-04-11", "close": 6.56, "volume": 1312832, "typical_volume": 992583.95, "trend": 8.868333, "fair_value": 16.932724, "relative_strength": -36.208376, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.612385, "energy": 38.312386, "activity_lines": [ 7.445333, 7.844364, 7.847143, 8.068301 ] }, { "date": "2025-04-18", "close": 6.47, "volume": 798094, "typical_volume": 986219.95, "trend": 8.653667, "fair_value": 16.820865, "relative_strength": -34.128288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.995846, "energy": 59.929354, "activity_lines": [ 7.013333, 7.556727, 7.723, 7.91357 ] }, { "date": "2025-04-25", "close": 6.82, "volume": 1212800, "typical_volume": 1001383.05, "trend": 8.447667, "fair_value": 16.736442, "relative_strength": -33.352335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.662189, "energy": 62.659126, "activity_lines": [ 6.806, 7.359091, 7.639714, 7.795269 ] }, { "date": "2025-05-02", "close": 7.38, "volume": 1384832, "typical_volume": 1026292.0, "trend": 8.25, "fair_value": 16.620865, "relative_strength": -29.248824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.01648, "energy": 58.246974, "activity_lines": [ 6.915333, 7.295636, 7.615429, 7.726387 ] }, { "date": "2025-05-09", "close": 6.93, "volume": 1030174, "typical_volume": 1013268.2, "trend": 8.032, "fair_value": 16.526442, "relative_strength": -32.432782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.346367, "energy": 40.371907, "activity_lines": [ 6.942, 7.169636, 7.548381, 7.641226 ] }, { "date": "2025-05-16", "close": 6.93, "volume": 946674, "typical_volume": 1026245.5, "trend": 7.830667, "fair_value": 16.403878, "relative_strength": -35.84581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.876204, "energy": 31.707228, "activity_lines": [ 6.974667, 7.071818, 7.480905, 7.570129 ] }, { "date": "2025-05-23", "close": 6.81, "volume": 750286, "typical_volume": 1019283.35, "trend": 7.712333, "fair_value": 16.269712, "relative_strength": -34.489942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.985549, "energy": 29.769409, "activity_lines": [ 6.942667, 6.976182, 7.402619, 7.50428 ] }, { "date": "2025-05-30", "close": 6.46, "volume": 597859, "typical_volume": 1019370.6, "trend": 7.598667, "fair_value": 16.121314, "relative_strength": -38.072748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.734385, "energy": 37.522063, "activity_lines": [ 6.771333, 6.840182, 7.293286, 7.423484 ] }, { "date": "2025-06-06", "close": 7.19, "volume": 905436, "typical_volume": 1034776.65, "trend": 7.529333, "fair_value": 16.003365, "relative_strength": -31.576291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.466561, "energy": 30.364661, "activity_lines": [ 6.867333, 6.878909, 7.257952, 7.397118 ] }, { "date": "2025-06-13", "close": 7.87, "volume": 817627, "typical_volume": 1041516.55, "trend": 7.524333, "fair_value": 15.941506, "relative_strength": -23.545367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.724706, "energy": 12.843153, "activity_lines": [ 7.202667, 7.063091, 7.288619, 7.419097 ] }, { "date": "2025-06-20", "close": 7.82, "volume": 501569, "typical_volume": 981183.1, "trend": 7.538333, "fair_value": 15.870673, "relative_strength": -22.840095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.950148, "energy": 13.109689, "activity_lines": [ 7.458667, 7.222727, 7.311857, 7.438172 ] }, { "date": "2025-06-27", "close": 8.16, "volume": 1284622, "typical_volume": 1008868.05, "trend": 7.542, "fair_value": 15.80625, "relative_strength": -21.488831, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.61933, "energy": 22.571493, "activity_lines": [ 7.768667, 7.421273, 7.369, 7.47828 ] }, { "date": "2025-07-04", "close": 8.43, "volume": 633357, "typical_volume": 967979.2, "trend": 7.556, "fair_value": 15.736571, "relative_strength": -19.007514, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.558326, "energy": 40.02129, "activity_lines": [ 8.078667, 7.638182, 7.450714, 7.53557 ] }, { "date": "2025-07-11", "close": 8.52, "volume": 473916, "typical_volume": 954033.55, "trend": 7.593333, "fair_value": 15.676122, "relative_strength": -16.628221, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.115173, "energy": 56.259915, "activity_lines": [ 8.287333, 7.842182, 7.54181, 7.597763 ] }, { "date": "2025-07-18", "close": 7.76, "volume": 635263, "typical_volume": 892046.5, "trend": 7.624, "fair_value": 15.600929, "relative_strength": -23.766054, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.469048, "energy": 42.606158, "activity_lines": [ 8.154, 7.887273, 7.560143, 7.608516 ] }, { "date": "2025-07-25", "close": 8.51, "volume": 868606, "typical_volume": 886447.65, "trend": 7.672333, "fair_value": 15.509583, "relative_strength": -15.762854, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.762213, "energy": 39.82155, "activity_lines": [ 8.278, 8.053636, 7.653333, 7.665677 ] }, { "date": "2025-08-01", "close": 7.79, "volume": 613696, "typical_volume": 874146.75, "trend": 7.689, "fair_value": 15.420096, "relative_strength": -19.866778, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.145735, "energy": 20.03126, "activity_lines": [ 8.116, 8.060364, 7.676714, 7.673269 ] }, { "date": "2025-08-08", "close": 5.85, "volume": 1518995, "typical_volume": 907503.9, "trend": 7.637333, "fair_value": 15.307596, "relative_strength": -40.987547, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.680313, "energy": 24.126175, "activity_lines": [ 7.332, 7.696545, 7.516762, 7.554624 ] }, { "date": "2025-08-15", "close": 6.23, "volume": 1240118, "typical_volume": 933156.5, "trend": 7.596667, "fair_value": 15.189519, "relative_strength": -36.465216, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.354951, "energy": 37.399078, "activity_lines": [ 6.846667, 7.412909, 7.406905, 7.463828 ] }, { "date": "2025-08-22", "close": 6.93, "volume": 1182676, "typical_volume": 935471.6, "trend": 7.584, "fair_value": 15.078942, "relative_strength": -27.612687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.731774, "energy": 40.776034, "activity_lines": [ 6.747333, 7.274, 7.374, 7.420817 ] }, { "date": "2025-08-29", "close": 6.7, "volume": 1094050, "typical_volume": 924532.5, "trend": 7.536, "fair_value": 14.983558, "relative_strength": -28.644298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.256906, "energy": 50.970942, "activity_lines": [ 6.626667, 7.110364, 7.319619, 7.363785 ] }, { "date": "2025-09-05", "close": 7.09, "volume": 583505, "typical_volume": 913803.05, "trend": 7.508333, "fair_value": 14.902276, "relative_strength": -24.150703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.096454, "energy": 42.959655, "activity_lines": [ 6.756667, 7.038, 7.301714, 7.335011 ] }, { "date": "2025-09-12", "close": 7.03, "volume": 1010774, "typical_volume": 903701.75, "trend": 7.456, "fair_value": 14.823878, "relative_strength": -25.203409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.928176, "energy": 24.836952, "activity_lines": [ 6.913333, 6.974182, 7.275143, 7.304151 ] }, { "date": "2025-09-19", "close": 7.47, "volume": 1464169, "typical_volume": 907668.6, "trend": 7.423667, "fair_value": 14.767404, "relative_strength": -20.831994, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.155308, "energy": 12.481375, "activity_lines": [ 7.138, 7.015818, 7.289476, 7.305054 ] }, { "date": "2025-09-26", "close": 8.19, "volume": 1440400, "typical_volume": 928179.9, "trend": 7.414, "fair_value": 14.717468, "relative_strength": -11.392425, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.29162, "energy": 16.913385, "activity_lines": [ 7.52, 7.207455, 7.371952, 7.354495 ] }, { "date": "2025-10-03", "close": 8.11, "volume": 707983, "typical_volume": 916245.35, "trend": 7.409333, "fair_value": 14.660737, "relative_strength": -11.773793, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.428046, "energy": 21.216489, "activity_lines": [ 7.791333, 7.376727, 7.44081, 7.399398 ] }, { "date": "2025-10-10", "close": 7.09, "volume": 914365, "typical_volume": 924449.3, "trend": 7.376, "fair_value": 14.602981, "relative_strength": -19.513957, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.51183, "energy": 15.052285, "activity_lines": [ 7.628667, 7.367818, 7.406905, 7.378796 ] }, { "date": "2025-10-17", "close": 7.25, "volume": 764032, "typical_volume": 932757.95, "trend": 7.325333, "fair_value": 14.526058, "relative_strength": -18.150978, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 39.086409, "energy": 21.439189, "activity_lines": [ 7.519333, 7.400727, 7.386905, 7.370667 ] }, { "date": "2025-10-24", "close": 8.42, "volume": 826256, "typical_volume": 928798.95, "trend": 7.326333, "fair_value": 14.446635, "relative_strength": -6.061608, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.173215, "energy": 30.93842, "activity_lines": [ 7.785333, 7.620909, 7.474571, 7.44129 ] }, { "date": "2025-10-31", "close": 8.06, "volume": 793518, "typical_volume": 927593.5, "trend": 7.361, "fair_value": 14.360673, "relative_strength": -10.899018, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.455239, "energy": 25.457363, "activity_lines": [ 7.868, 7.735818, 7.522095, 7.488624 ] }, { "date": "2025-11-07", "close": 6.04, "volume": 1190270, "typical_volume": 962028.55, "trend": 7.343667, "fair_value": 14.260609, "relative_strength": -30.347053, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.287706, "energy": 12.016596, "activity_lines": [ 7.286, 7.462909, 7.376333, 7.403398 ] }, { "date": "2025-11-14", "close": 5.87, "volume": 968083, "typical_volume": 946201.6, "trend": 7.323667, "fair_value": 14.173429, "relative_strength": -31.599579, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.070519, "energy": 50.734834, "activity_lines": [ 6.785333, 7.171091, 7.222857, 7.308323 ] }, { "date": "2025-11-21", "close": 5.65, "volume": 1025038, "typical_volume": 965785.65, "trend": 7.284667, "fair_value": 14.093878, "relative_strength": -31.587495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.114268, "energy": 68.875896, "activity_lines": [ 6.292667, 6.861455, 7.059333, 7.200344 ] }, { "date": "2025-11-28", "close": 6.21, "volume": 734499, "typical_volume": 978814.8, "trend": 7.245667, "fair_value": 14.015288, "relative_strength": -27.769594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.286502, "energy": 68.603457, "activity_lines": [ 6.093333, 6.678727, 6.962381, 7.131011 ] }, { "date": "2025-12-05", "close": 6.32, "volume": 869371, "typical_volume": 990520.2, "trend": 7.225333, "fair_value": 13.954006, "relative_strength": -26.695247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.522289, "energy": 66.623816, "activity_lines": [ 6.078, 6.538909, 6.886905, 7.07129 ] }, { "date": "2025-12-12", "close": 6.65, "volume": 891761, "typical_volume": 991677.95, "trend": 7.216, "fair_value": 13.893173, "relative_strength": -21.025851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.312941, "energy": 49.790117, "activity_lines": [ 6.288667, 6.493091, 6.849714, 7.034172 ] }, { "date": "2025-12-19", "close": 6.4, "volume": 1027533, "typical_volume": 1012369.8, "trend": 7.202333, "fair_value": 13.822981, "relative_strength": -24.110346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.363317, "energy": 30.32604, "activity_lines": [ 6.375333, 6.428364, 6.797571, 6.981527 ] }, { "date": "2025-12-26", "close": 6.67, "volume": 619829, "typical_volume": 967411.5, "trend": 7.209333, "fair_value": 13.741122, "relative_strength": -21.55779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.818922, "energy": 20.239859, "activity_lines": [ 6.516667, 6.425273, 6.777762, 6.947183 ] }, { "date": "2026-01-02", "close": 6.85, "volume": 553717, "typical_volume": 933091.45, "trend": 7.198, "fair_value": 13.663173, "relative_strength": -17.682505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.97704, "energy": 18.345544, "activity_lines": [ 6.65, 6.465455, 6.77119, 6.924 ] }, { "date": "2026-01-09", "close": 7.38, "volume": 619972, "typical_volume": 904956.25, "trend": 7.181667, "fair_value": 13.570673, "relative_strength": -12.871905, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.943369, "energy": 13.814067, "activity_lines": [ 6.917333, 6.630545, 6.812143, 6.935742 ] }, { "date": "2026-01-16", "close": 8.44, "volume": 1076717, "typical_volume": 904089.6, "trend": 7.202333, "fair_value": 13.483558, "relative_strength": 0.616493, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 37.970188, "energy": 34.151066, "activity_lines": [ 7.467333, 7.000727, 6.951905, 7.016925 ] }, { "date": "2026-01-23", "close": 8.57, "volume": 667986, "typical_volume": 908313.65, "trend": 7.216, "fair_value": 13.401699, "relative_strength": 1.942579, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.027966, "energy": 59.301332, "activity_lines": [ 7.941333, 7.350909, 7.095762, 7.105161 ] }, { "date": "2026-01-30", "close": 8.6, "volume": 941580, "typical_volume": 904853.95, "trend": 7.221667, "fair_value": 13.294071, "relative_strength": 2.707609, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.510655, "energy": 69.717882, "activity_lines": [ 8.280667, 7.657455, 7.235429, 7.194452 ] }, { "date": "2026-02-06", "close": 8.15, "volume": 1152776, "typical_volume": 889284.3, "trend": 7.209333, "fair_value": 13.185353, "relative_strength": -0.452143, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.814761, "energy": 78.826061, "activity_lines": [ 8.341333, 7.828545, 7.324762, 7.254344 ] }, { "date": "2026-02-13", "close": 8.49, "volume": 1192529, "typical_volume": 876890.75, "trend": 7.233667, "fair_value": 13.074135, "relative_strength": 5.327543, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.602157, "energy": 77.530269, "activity_lines": [ 8.428667, 8.026182, 7.443238, 7.336968 ] }, { "date": "2026-02-20", "close": 8.55, "volume": 915738, "typical_volume": 887278.5, "trend": 7.235, "fair_value": 12.967853, "relative_strength": 5.185639, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.396263, "energy": 69.445678, "activity_lines": [ 8.462, 8.195273, 7.566, 7.421892 ] }, { "date": "2026-02-27", "close": 5.89, "volume": 4184563, "typical_volume": 1050788.4, "trend": 7.171667, "fair_value": 12.832019, "relative_strength": -26.609833, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 10.754785, "energy": 10.216508, "activity_lines": [ 7.601333, 7.846182, 7.433333, 7.335118 ] }, { "date": "2026-03-06", "close": 5.43, "volume": 2077133, "typical_volume": 1116443.45, "trend": 7.157667, "fair_value": 12.717788, "relative_strength": -30.703773, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.403625, "energy": 30.921989, "activity_lines": [ 6.766, 7.422727, 7.262571, 7.222753 ] }, { "date": "2026-03-13", "close": 4.73, "volume": 2076478, "typical_volume": 1178954.55, "trend": 7.107667, "fair_value": 12.613365, "relative_strength": -38.206804, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.310802, "energy": 62.941422, "activity_lines": [ 5.908667, 6.894545, 7.03381, 7.066129 ] }, { "date": "2026-03-20", "close": 4.75, "volume": 1675683, "typical_volume": 1223062.8, "trend": 7.035, "fair_value": 12.514263, "relative_strength": -35.727457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.766039, "energy": 80.433411, "activity_lines": [ 5.286, 6.408545, 6.824524, 6.914022 ] }, { "date": "2026-03-27", "close": 5.2, "volume": 1358381, "typical_volume": 1231468.35, "trend": 6.985, "fair_value": 12.406763, "relative_strength": -26.319251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.602063, "energy": 83.588305, "activity_lines": [ 5.062667, 6.052182, 6.673857, 6.795634 ] }, { "date": "2026-04-03", "close": 5.55, "volume": 1010165, "typical_volume": 1233572.45, "trend": 6.933667, "fair_value": 12.313622, "relative_strength": -23.527079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.079702, "energy": 79.40856, "activity_lines": [ 5.179333, 5.818364, 6.560524, 6.703054 ] }, { "date": "2026-04-10", "close": 5.09, "volume": 1364149, "typical_volume": 1250528.0, "trend": 6.869, "fair_value": 12.220417, "relative_strength": -32.210822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.655167, "energy": 65.777355, "activity_lines": [ 5.165333, 5.555818, 6.404905, 6.584108 ] }, { "date": "2026-04-17", "close": 5.18, "volume": 1285091, "typical_volume": 1278057.6, "trend": 6.792667, "fair_value": 12.124071, "relative_strength": -34.345218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.789353, "energy": 51.445597, "activity_lines": [ 5.204, 5.373455, 6.260524, 6.47514 ] }, { "date": "2026-04-24", "close": 6.41, "volume": 1944659, "typical_volume": 1331822.0, "trend": 6.733333, "fair_value": 12.04375, "relative_strength": -19.894608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.867366, "energy": 32.780532, "activity_lines": [ 5.622667, 5.468727, 6.23819, 6.450452 ] }, { "date": "2026-05-01", "close": 8.41, "volume": 3074984, "typical_volume": 1440983.15, "trend": 6.743333, "fair_value": 11.978494, "relative_strength": 3.942319, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -0.494896, "energy": 14.962849, "activity_lines": [ 6.597333, 5.965455, 6.405905, 6.558624 ] }, { "date": "2026-05-08", "close": 7.44, "volume": 1726844, "typical_volume": 1475948.7, "trend": 6.755, "fair_value": 11.914712, "relative_strength": -12.307262, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.215832, "energy": 26.359475, "activity_lines": [ 7.034667, 6.288364, 6.472857, 6.60357 ] }, { "date": "2026-05-15", "close": 6.93, "volume": 867630, "typical_volume": 1488338.75, "trend": 6.744333, "fair_value": 11.848429, "relative_strength": -17.580152, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.948675, "energy": 29.924886, "activity_lines": [ 7.176, 6.490364, 6.486286, 6.61486 ] }, { "date": "2026-05-22", "close": 6.9, "volume": 782159, "typical_volume": 1499760.85, "trend": 6.693667, "fair_value": 11.784391, "relative_strength": -18.418182, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.019158, "energy": 29.72802, "activity_lines": [ 7.184667, 6.659636, 6.495619, 6.624903 ] }, { "date": "2026-05-29", "close": 6.81, "volume": 1166226, "typical_volume": 1527073.55, "trend": 6.652, "fair_value": 11.711891, "relative_strength": -21.328124, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.166856, "energy": 23.880373, "activity_lines": [ 7.048667, 6.773091, 6.496143, 6.632409 ] }, { "date": "2026-06-05", "close": 6.74, "volume": 1332522, "typical_volume": 1539863.8, "trend": 6.675333, "fair_value": 11.643878, "relative_strength": -17.918389, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.340695, "energy": 11.425685, "activity_lines": [ 6.862667, 6.836364, 6.492714, 6.638086 ] }, { "date": "2026-06-12", "close": 7.095, "volume": 971227, "typical_volume": 1555025.85, "trend": 6.716167, "fair_value": 11.587628, "relative_strength": -14.820256, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.219658, "energy": 9.103941, "activity_lines": [ 6.906333, 6.936182, 6.53119, 6.665161 ] }, { "date": "2026-06-19", "close": 7.03, "volume": 1035125, "typical_volume": 1559703.1, "trend": 6.762167, "fair_value": 11.527756, "relative_strength": -17.050877, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.775952, "energy": 7.827926, "activity_lines": [ 6.951333, 6.996091, 6.5705, 6.685409 ] }, { "date": "2026-06-26", "close": 6.05, "volume": 4999852, "typical_volume": 1752056.9, "trend": 6.756833, "fair_value": 11.452692, "relative_strength": -24.441972, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.678038, "energy": 11.79891, "activity_lines": [ 6.663, 6.842545, 6.523952, 6.639462 ] }, { "date": "2026-07-03", "close": 6.12, "volume": 1922545, "typical_volume": 1788557.7, "trend": 6.750167, "fair_value": 11.383205, "relative_strength": -23.358496, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.395189, "energy": 20.132559, "activity_lines": [ 6.454667, 6.685909, 6.494071, 6.598376 ] }, { "date": "2026-07-10", "close": 6.47, "volume": 820578, "typical_volume": 1783799.7, "trend": 6.744167, "fair_value": 11.309423, "relative_strength": -19.517708, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.45185, "energy": 20.419522, "activity_lines": [ 6.409, 6.598182, 6.50881, 6.580301 ] }, { "date": "2026-07-17", "close": 6.26, "volume": 837357, "typical_volume": 1616439.4, "trend": 6.7395, "fair_value": 11.232019, "relative_strength": -18.056932, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.767959, "energy": 28.247477, "activity_lines": [ 6.311333, 6.507545, 6.513452, 6.549065 ] }, { "date": "2026-07-24", "close": 5.93, "volume": 696424, "typical_volume": 1547403.95, "trend": 6.714833, "fair_value": 11.152788, "relative_strength": -20.221678, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.794699, "energy": 32.16318, "activity_lines": [ 6.159333, 6.378364, 6.484905, 6.496839 ] }, { "date": "2026-07-31", "close": 6.74, "volume": 2051432, "typical_volume": 1546151.65, "trend": 6.711167, "fair_value": 11.077532, "relative_strength": -9.125139, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.794018, "energy": 15.990853, "activity_lines": [ 6.350667, 6.414636, 6.531119, 6.498462 ] }, { "date": "2026-08-07", "close": 7.66, "volume": 1498808, "typical_volume": 1537307.9, "trend": 6.7205, "fair_value": 10.988429, "relative_strength": -1.791722, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.471935, "energy": 19.009276, "activity_lines": [ 6.802667, 6.621091, 6.655381, 6.559677 ] } ], "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." } } }