{ "ticker": { "uuid": "9e5a13e6-ce52-4a1a-926e-f1c201453e85", "symbol": "RADIOCITY", "name": "Music Broadcast Limited", "exchange": "NSI", "country": "IN", "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": "^NSEI", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 68.118, "architecture_energy": 65.696, "architecture_maturity": 12.26, "architecture_confidence": 81.684, "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": 30.04, "rotation_up": 66.0, "upward_expansion": 85.11, "deceleration": 47.99, "rotation_down": 15.93, "downward_expansion": 18.78 }, "activity_lines": [ 6.571333, 6.383636, 6.267238, 6.153871 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 6.85, "trend_reference": 6.071333, "distance_from_trend": 0.128253, "trend_direction": "Weakening", "fair_value": 11.724551, "distance_from_fair_value": -0.415756, "fair_value_direction": "Improving", "relative_strength": 2.528475, "relative_strength_direction": "Improving", "price_momentum": 0.101286, "excess_performance": 0.144995, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.128253, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.022802, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.415756, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.078686, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.025285, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.169388, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.101286, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.662638, "read": "Demand-led" } ], "volume": { "latest": 254746, "relative_activity": 0.607844, "balance": 1.662638, "dry_up": 1.238145, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.065806, "annualized_volatility": 0.434101, "from_high_reference": -0.259459, "from_low_reference": 0.522222 }, "levels": { "trend_reference": 6.071333, "fair_value_reference": 11.724551, "structural_low": 4.5, "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": 11, "median_return": -0.020161, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.000473, "regime_survival": 0.545455, "best_return": 0.124528, "worst_return": -0.238208, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.035971, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.049082, "regime_survival": 0.166667, "best_return": 0.173585, "worst_return": -0.193467, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.062104, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.14153, "regime_survival": 0.25, "best_return": 0.6, "worst_return": -0.242453, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.110039, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.28494, "regime_survival": 0.333333, "best_return": -0.029193, "worst_return": -0.350806, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-08-18", "end": "2023-08-25", "tenure": "New", "return": -0.044776, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-01", "end": "2023-10-27", "tenure": "Developing", "return": 0.067925, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-11-03", "end": "2023-12-01", "tenure": "Developing", "return": 0.126812, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-03-29", "tenure": "Established", "return": -0.122283, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-05", "end": "2024-04-12", "tenure": "New", "return": -0.092141, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-04-19", "end": "2024-04-26", "tenure": "New", "return": 0.067647, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-03", "end": "2024-05-31", "tenure": "Developing", "return": -0.147849, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-07", "end": "2024-09-27", "tenure": "Established", "return": -0.019938, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": -0.201829, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": -0.025335, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-01-03", "tenure": "New", "return": -0.0057, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2026-04-24", "tenure": "Extended", "return": -0.496672, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-07-31", "tenure": "Established", "return": 0.122314, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 13.4, "volume": 1844264, "typical_volume": 900043.3, "trend": 11.863333, "fair_value": 21.4, "relative_strength": -26.052396, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 49.417499, "energy": 31.133233, "activity_lines": [ 12.516667, 12.434545, 12.000476, 11.823978 ] }, { "date": "2023-08-25", "close": 12.8, "volume": 559108, "typical_volume": 886586.1, "trend": 11.805, "fair_value": 21.347436, "relative_strength": -28.039027, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.332571, "energy": 38.606808, "activity_lines": [ 12.63, 12.545455, 12.101429, 11.884409 ] }, { "date": "2023-09-01", "close": 13.25, "volume": 961099, "typical_volume": 909287.55, "trend": 11.798333, "fair_value": 21.309295, "relative_strength": -25.042311, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.530195, "energy": 48.723439, "activity_lines": [ 12.903333, 12.709091, 12.239762, 11.977634 ] }, { "date": "2023-09-08", "close": 14.2, "volume": 1963820, "typical_volume": 980874.65, "trend": 11.821667, "fair_value": 21.279808, "relative_strength": -20.097432, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.651414, "energy": 80.280834, "activity_lines": [ 13.41, 13.005455, 12.460238, 12.132581 ] }, { "date": "2023-09-15", "close": 16.1, "volume": 13151369, "typical_volume": 1615745.95, "trend": 11.938333, "fair_value": 21.259295, "relative_strength": -9.883917, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.057201, "energy": 92.102928, "activity_lines": [ 14.403333, 13.593636, 12.847857, 12.408602 ] }, { "date": "2023-09-22", "close": 14.8, "volume": 7338748, "typical_volume": 1947497.3, "trend": 12.028333, "fair_value": 21.233013, "relative_strength": -13.71081, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.033551, "energy": 82.083848, "activity_lines": [ 14.686667, 13.887273, 13.08881, 12.593226 ] }, { "date": "2023-09-29", "close": 14.9, "volume": 3297552, "typical_volume": 2083651.95, "trend": 12.14, "fair_value": 21.209615, "relative_strength": -11.677398, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.022435, "energy": 77.580277, "activity_lines": [ 14.91, 14.17, 13.322143, 12.778495 ] }, { "date": "2023-10-06", "close": 15.95, "volume": 4831998, "typical_volume": 2304822.1, "trend": 12.3, "fair_value": 21.197436, "relative_strength": -4.226483, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.044353, "energy": 80.273341, "activity_lines": [ 15.343333, 14.608182, 13.638333, 13.024301 ] }, { "date": "2023-10-13", "close": 15.0, "volume": 22596335, "typical_volume": 3397671.0, "trend": 12.441667, "fair_value": 21.180128, "relative_strength": -9.024375, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.245359, "energy": 52.751716, "activity_lines": [ 15.28, 14.801818, 13.840952, 13.198495 ] }, { "date": "2023-10-20", "close": 14.85, "volume": 8843170, "typical_volume": 3786400.65, "trend": 12.581667, "fair_value": 21.138462, "relative_strength": -7.667395, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.946917, "energy": 46.618624, "activity_lines": [ 15.113333, 14.913636, 14.010952, 13.353871 ] }, { "date": "2023-10-27", "close": 14.15, "volume": 6757525, "typical_volume": 4082334.6, "trend": 12.693333, "fair_value": 21.091667, "relative_strength": -8.433953, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.752164, "energy": 34.181769, "activity_lines": [ 14.796667, 14.845455, 14.097143, 13.455054 ] }, { "date": "2023-11-03", "close": 13.8, "volume": 1899707, "typical_volume": 4127911.35, "trend": 12.765, "fair_value": 21.039423, "relative_strength": -10.246939, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.597858, "energy": 20.66659, "activity_lines": [ 14.406667, 14.7, 14.135714, 13.526452 ] }, { "date": "2023-11-10", "close": 13.95, "volume": 3139825, "typical_volume": 4261004.1, "trend": 12.846667, "fair_value": 20.98109, "relative_strength": -8.924798, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.04815, "energy": 19.944554, "activity_lines": [ 14.14, 14.563636, 14.17619, 13.602903 ] }, { "date": "2023-11-17", "close": 15.05, "volume": 6487184, "typical_volume": 4568453.75, "trend": 12.971667, "fair_value": 20.93109, "relative_strength": -2.044409, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.943526, "energy": 20.986266, "activity_lines": [ 14.373333, 14.614545, 14.307619, 13.745054 ] }, { "date": "2023-11-24", "close": 15.1, "volume": 3408568, "typical_volume": 4610073.35, "trend": 13.098333, "fair_value": 20.881731, "relative_strength": -0.76324, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.511203, "energy": 21.960662, "activity_lines": [ 14.62, 14.659091, 14.425714, 13.882366 ] }, { "date": "2023-12-01", "close": 15.55, "volume": 4990374, "typical_volume": 4838279.15, "trend": 13.243333, "fair_value": 20.832372, "relative_strength": 1.005114, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.189582, "energy": 34.471527, "activity_lines": [ 15.0, 14.803636, 14.57619, 14.040538 ] }, { "date": "2023-12-08", "close": 18.4, "volume": 45231219, "typical_volume": 7098786.45, "trend": 13.48, "fair_value": 20.799359, "relative_strength": 16.591415, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.407586, "energy": 70.350842, "activity_lines": [ 16.236667, 15.452727, 14.986905, 14.373226 ] }, { "date": "2023-12-15", "close": 17.700001, "volume": 11228284, "typical_volume": 7529440.15, "trend": 13.7, "fair_value": 20.759295, "relative_strength": 11.073918, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.007562, "energy": 76.176774, "activity_lines": [ 16.933334, 15.910909, 15.305, 14.645484 ] }, { "date": "2023-12-22", "close": 17.049999, "volume": 6847656, "typical_volume": 7795902.75, "trend": 13.896667, "fair_value": 20.721474, "relative_strength": 9.09973, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.821244, "energy": 73.610949, "activity_lines": [ 17.163333, 16.219091, 15.534048, 14.861613 ] }, { "date": "2023-12-29", "close": 17.1, "volume": 9480482, "typical_volume": 8242914.35, "trend": 14.091667, "fair_value": 20.681731, "relative_strength": 9.208207, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.160898, "energy": 70.601251, "activity_lines": [ 17.276667, 16.499091, 15.74381, 15.06828 ] }, { "date": "2024-01-05", "close": 17.75, "volume": 12366291, "typical_volume": 8769015.7, "trend": 14.311667, "fair_value": 20.636218, "relative_strength": 15.600277, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.693202, "energy": 57.797104, "activity_lines": [ 17.473333, 16.856364, 15.990952, 15.304301 ] }, { "date": "2024-01-12", "close": 20.6, "volume": 45189491, "typical_volume": 11000534.85, "trend": 14.625, "fair_value": 20.620192, "relative_strength": 33.908474, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.478346, "energy": 66.88292, "activity_lines": [ 18.473333, 17.666364, 16.48881, 15.71 ] }, { "date": "2024-01-19", "close": 20.75, "volume": 17503475, "typical_volume": 11827653.65, "trend": 14.948333, "fair_value": 20.605449, "relative_strength": 36.260534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.476927, "energy": 75.143555, "activity_lines": [ 19.376667, 18.38, 16.96381, 16.105161 ] }, { "date": "2024-01-26", "close": 20.1, "volume": 7623352, "typical_volume": 12110630.25, "trend": 15.243333, "fair_value": 20.588462, "relative_strength": 33.242111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.905831, "energy": 72.635896, "activity_lines": [ 19.86, 18.851818, 17.34119, 16.437527 ] }, { "date": "2024-02-02", "close": 19.75, "volume": 10339039, "typical_volume": 11970013.75, "trend": 15.471667, "fair_value": 20.566026, "relative_strength": 27.397807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.666213, "energy": 67.253818, "activity_lines": [ 20.023333, 19.168182, 17.657143, 16.72828 ] }, { "date": "2024-02-09", "close": 23.299999, "volume": 43162743, "typical_volume": 13761213.5, "trend": 15.808333, "fair_value": 20.557051, "relative_strength": 49.517841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.531369, "energy": 66.184677, "activity_lines": [ 21.193333, 20.045454, 18.293809, 17.233333 ] }, { "date": "2024-02-16", "close": 23.299999, "volume": 13837710, "typical_volume": 14288221.4, "trend": 16.153333, "fair_value": 20.542308, "relative_strength": 46.369697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.050398, "energy": 60.061371, "activity_lines": [ 21.993333, 20.781818, 18.89, 17.716667 ] }, { "date": "2024-02-23", "close": 22.950001, "volume": 9832496, "typical_volume": 14538246.3, "trend": 16.518333, "fair_value": 20.533654, "relative_strength": 41.76966, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.591996, "energy": 57.322852, "activity_lines": [ 22.496667, 21.365454, 19.412857, 18.155161 ] }, { "date": "2024-03-01", "close": 21.200001, "volume": 5992259, "typical_volume": 13708042.5, "trend": 16.825, "fair_value": 20.512179, "relative_strength": 29.222774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.040745, "energy": 51.755927, "activity_lines": [ 22.27, 21.535455, 19.735714, 18.457204 ] }, { "date": "2024-03-08", "close": 19.9, "volume": 4770384, "typical_volume": 13504403.2, "trend": 17.09, "fair_value": 20.482372, "relative_strength": 19.698019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.957684, "energy": 41.865103, "activity_lines": [ 21.536667, 21.393636, 19.905238, 18.655591 ] }, { "date": "2024-03-15", "close": 17.049999, "volume": 9214666, "typical_volume": 13627260.25, "trend": 17.211667, "fair_value": 20.439423, "relative_strength": 4.34979, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.497537, "energy": 15.337297, "activity_lines": [ 19.843333, 20.682727, 19.779286, 18.653011 ] }, { "date": "2024-03-22", "close": 16.950001, "volume": 6812031, "typical_volume": 13872876.45, "trend": 17.35, "fair_value": 20.397436, "relative_strength": 3.023121, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.300337, "energy": 19.447446, "activity_lines": [ 18.533334, 19.966364, 19.63, 18.636129 ] }, { "date": "2024-03-29", "close": 16.15, "volume": 5537558, "typical_volume": 13992763.1, "trend": 17.446667, "fair_value": 20.346474, "relative_strength": -3.104493, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -25.78196, "energy": 32.556445, "activity_lines": [ 17.38, 19.170909, 19.389524, 18.55871 ] }, { "date": "2024-04-05", "close": 18.450001, "volume": 6868989, "typical_volume": 14011853.35, "trend": 17.588333, "fair_value": 20.307051, "relative_strength": 9.332724, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.764523, "energy": 27.8911, "activity_lines": [ 17.446667, 18.877273, 19.357619, 18.623441 ] }, { "date": "2024-04-12", "close": 16.75, "volume": 4070506, "typical_volume": 14044950.25, "trend": 17.61, "fair_value": 20.258654, "relative_strength": -1.01721, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.633376, "energy": 30.292965, "activity_lines": [ 17.13, 18.304546, 19.147619, 18.569355 ] }, { "date": "2024-04-19", "close": 17.0, "volume": 3816993, "typical_volume": 13986281.2, "trend": 17.683333, "fair_value": 20.214423, "relative_strength": 1.819935, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.955861, "energy": 32.770893, "activity_lines": [ 17.106667, 17.831818, 18.953572, 18.53 ] }, { "date": "2024-04-26", "close": 18.15, "volume": 5788952, "typical_volume": 12014167.85, "trend": 17.791667, "fair_value": 20.182372, "relative_strength": 6.882555, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.210724, "energy": 15.647379, "activity_lines": [ 17.47, 17.682727, 18.862143, 18.560108 ] }, { "date": "2024-05-03", "close": 18.6, "volume": 5203029, "typical_volume": 11712905.1, "trend": 17.88, "fair_value": 20.149359, "relative_strength": 8.68693, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.809845, "energy": 8.534427, "activity_lines": [ 17.903333, 17.709091, 18.814762, 18.612258 ] }, { "date": "2024-05-10", "close": 17.15, "volume": 4682676, "typical_volume": 11604656.1, "trend": 17.951667, "fair_value": 20.105449, "relative_strength": 1.712779, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.366838, "energy": 9.089395, "activity_lines": [ 17.69, 17.550909, 18.625, 18.565161 ] }, { "date": "2024-05-17", "close": 17.25, "volume": 2229490, "typical_volume": 11242106.5, "trend": 18.031667, "fair_value": 20.065385, "relative_strength": 0.036993, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.116009, "energy": 11.416709, "activity_lines": [ 17.596667, 17.484546, 18.444286, 18.519893 ] }, { "date": "2024-05-24", "close": 16.549999, "volume": 3641390, "typical_volume": 10805861.45, "trend": 18.111667, "fair_value": 20.020192, "relative_strength": -6.35253, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -32.16271, "energy": 22.066381, "activity_lines": [ 17.236666, 17.339091, 18.19619, 18.424301 ] }, { "date": "2024-05-31", "close": 15.85, "volume": 2096921, "typical_volume": 8651232.95, "trend": 18.18, "fair_value": 19.958974, "relative_strength": -8.835856, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -38.37253, "energy": 44.709228, "activity_lines": [ 16.673333, 17.075454, 17.887143, 18.278387 ] }, { "date": "2024-06-07", "close": 16.049999, "volume": 2571017, "typical_volume": 7904610.05, "trend": 18.25, "fair_value": 19.880449, "relative_strength": -10.892242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.328484, "energy": 56.165345, "activity_lines": [ 16.329999, 16.868182, 17.619762, 18.140968 ] }, { "date": "2024-06-14", "close": 16.629999, "volume": 2693400, "typical_volume": 7658112.45, "trend": 18.302667, "fair_value": 19.817179, "relative_strength": -8.620996, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.786763, "energy": 57.334096, "activity_lines": [ 16.349999, 16.768181, 17.43, 18.036451 ] }, { "date": "2024-06-21", "close": 16.48, "volume": 1938437, "typical_volume": 7238082.35, "trend": 18.348667, "fair_value": 19.749103, "relative_strength": -9.826265, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.511134, "energy": 52.772926, "activity_lines": [ 16.354666, 16.674, 17.242476, 17.91886 ] }, { "date": "2024-06-28", "close": 16.120001, "volume": 3329867, "typical_volume": 5246438.55, "trend": 18.367667, "fair_value": 19.685128, "relative_strength": -13.84904, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.321844, "energy": 40.213948, "activity_lines": [ 16.290667, 16.519273, 17.036238, 17.775075 ] }, { "date": "2024-07-05", "close": 16.23, "volume": 3035633, "typical_volume": 4706334.7, "trend": 18.295333, "fair_value": 19.623141, "relative_strength": -14.378115, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.240029, "energy": 35.253169, "activity_lines": [ 16.292, 16.400545, 16.874667, 17.637161 ] }, { "date": "2024-07-12", "close": 15.78, "volume": 2951281, "typical_volume": 4362273.95, "trend": 18.231333, "fair_value": 19.560513, "relative_strength": -17.295307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.81272, "energy": 39.255431, "activity_lines": [ 16.118, 16.234909, 16.703905, 17.474882 ] }, { "date": "2024-07-19", "close": 14.9, "volume": 2618465, "typical_volume": 4193584.25, "trend": 18.159667, "fair_value": 19.495128, "relative_strength": -21.905536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.501413, "energy": 53.062836, "activity_lines": [ 15.668667, 15.960545, 16.483476, 17.259957 ] }, { "date": "2024-07-26", "close": 15.58, "volume": 2152376, "typical_volume": 4062683.85, "trend": 18.109, "fair_value": 19.436346, "relative_strength": -19.373859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.078554, "energy": 52.509014, "activity_lines": [ 15.561333, 15.850727, 16.357809, 17.093527 ] }, { "date": "2024-08-02", "close": 16.51, "volume": 4775535, "typical_volume": 3840727.3, "trend": 18.067667, "fair_value": 19.382885, "relative_strength": -14.268689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.276677, "energy": 37.601543, "activity_lines": [ 15.824, 15.940364, 16.341286, 16.990366 ] }, { "date": "2024-08-09", "close": 15.55, "volume": 2978272, "typical_volume": 3649039.35, "trend": 17.899333, "fair_value": 19.327115, "relative_strength": -18.13982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.282808, "energy": 37.761468, "activity_lines": [ 15.740667, 15.856182, 16.235905, 16.827935 ] }, { "date": "2024-08-16", "close": 15.1, "volume": 1850382, "typical_volume": 3464680.55, "trend": 17.711, "fair_value": 19.27391, "relative_strength": -20.917814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.847468, "energy": 36.625203, "activity_lines": [ 15.552667, 15.695636, 16.094333, 16.647333 ] }, { "date": "2024-08-23", "close": 15.33, "volume": 1917763, "typical_volume": 3217119.25, "trend": 17.552, "fair_value": 19.225385, "relative_strength": -20.533373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.58534, "energy": 35.96245, "activity_lines": [ 15.486667, 15.594182, 15.979667, 16.49372 ] }, { "date": "2024-08-30", "close": 16.059999, "volume": 6326088, "typical_volume": 3329898.35, "trend": 17.429, "fair_value": 19.174167, "relative_strength": -18.018866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.346433, "energy": 32.222079, "activity_lines": [ 15.635333, 15.649091, 15.949381, 16.397462 ] }, { "date": "2024-09-06", "close": 15.62, "volume": 2287638, "typical_volume": 3253430.6, "trend": 17.173, "fair_value": 19.123013, "relative_strength": -18.856944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.838654, "energy": 31.414254, "activity_lines": [ 15.605333, 15.631636, 15.880476, 16.280753 ] }, { "date": "2024-09-13", "close": 15.63, "volume": 1772560, "typical_volume": 3052611.0, "trend": 16.917333, "fair_value": 19.070962, "relative_strength": -20.060921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.081305, "energy": 23.07142, "activity_lines": [ 15.638, 15.625091, 15.819095, 16.181204 ] }, { "date": "2024-09-20", "close": 15.35, "volume": 2143418, "typical_volume": 2899630.45, "trend": 16.664, "fair_value": 19.014551, "relative_strength": -22.511861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.982032, "energy": 26.206866, "activity_lines": [ 15.572, 15.578545, 15.743048, 16.080086 ] }, { "date": "2024-09-27", "close": 15.73, "volume": 3007731, "typical_volume": 2815883.2, "trend": 16.481667, "fair_value": 18.960897, "relative_strength": -21.460059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.830766, "energy": 20.226324, "activity_lines": [ 15.616, 15.608909, 15.718667, 16.019828 ] }, { "date": "2024-10-04", "close": 16.4, "volume": 3583804, "typical_volume": 2883598.9, "trend": 16.365, "fair_value": 18.909936, "relative_strength": -13.966004, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.393163, "energy": 9.342065, "activity_lines": [ 15.856667, 15.746, 15.764857, 16.014559 ] }, { "date": "2024-10-11", "close": 15.73, "volume": 1598200, "typical_volume": 2781439.4, "trend": 16.321, "fair_value": 18.84891, "relative_strength": -17.043583, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.502228, "energy": 12.479421, "activity_lines": [ 15.851333, 15.746364, 15.751286, 15.973591 ] }, { "date": "2024-10-18", "close": 15.41, "volume": 1356539, "typical_volume": 2744420.3, "trend": 16.269667, "fair_value": 18.788718, "relative_strength": -18.080783, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.149827, "energy": 15.254954, "activity_lines": [ 15.732, 15.702727, 15.711143, 15.914817 ] }, { "date": "2024-10-25", "close": 13.09, "volume": 1997952, "typical_volume": 2715767.05, "trend": 16.167667, "fair_value": 18.716538, "relative_strength": -28.108247, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -76.490111, "energy": 55.018921, "activity_lines": [ 14.854, 15.239818, 15.452143, 15.709677 ] }, { "date": "2024-11-01", "close": 13.42, "volume": 1467899, "typical_volume": 2654492.0, "trend": 16.0, "fair_value": 18.644872, "relative_strength": -26.359368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.749152, "energy": 70.846825, "activity_lines": [ 14.236667, 14.873455, 15.238667, 15.532409 ] }, { "date": "2024-11-08", "close": 13.02, "volume": 1031337, "typical_volume": 2609137.0, "trend": 15.875667, "fair_value": 18.571923, "relative_strength": -27.760753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.662863, "energy": 79.123005, "activity_lines": [ 13.64, 14.469091, 15.002381, 15.34015 ] }, { "date": "2024-11-15", "close": 12.51, "volume": 638630, "typical_volume": 2474575.15, "trend": 15.726, "fair_value": 18.499872, "relative_strength": -28.348287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.601159, "energy": 84.799954, "activity_lines": [ 13.098667, 14.027273, 14.734, 15.123011 ] }, { "date": "2024-11-22", "close": 11.97, "volume": 1628848, "typical_volume": 2404235.9, "trend": 15.52, "fair_value": 18.428846, "relative_strength": -32.05358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.699909, "energy": 84.976781, "activity_lines": [ 12.592, 13.543818, 14.431381, 14.880688 ] }, { "date": "2024-11-29", "close": 12.58, "volume": 1143615, "typical_volume": 2313852.6, "trend": 15.319333, "fair_value": 18.36141, "relative_strength": -28.796452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.19319, "energy": 79.584812, "activity_lines": [ 12.518, 13.237818, 14.207143, 14.691011 ] }, { "date": "2024-12-06", "close": 13.32, "volume": 854918, "typical_volume": 2225675.25, "trend": 15.191667, "fair_value": 18.297756, "relative_strength": -25.618416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.169151, "energy": 60.340818, "activity_lines": [ 12.724667, 13.116727, 14.068619, 14.562021 ] }, { "date": "2024-12-13", "close": 13.06, "volume": 628130, "typical_volume": 2149462.95, "trend": 15.052, "fair_value": 18.230192, "relative_strength": -26.75909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.535789, "energy": 47.648152, "activity_lines": [ 12.851333, 12.992182, 13.912857, 14.424495 ] }, { "date": "2024-12-20", "close": 13.08, "volume": 725916, "typical_volume": 1946982.0, "trend": 14.936333, "fair_value": 18.166603, "relative_strength": -22.469343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.422722, "energy": 34.799312, "activity_lines": [ 12.982, 12.932, 13.771, 14.297269 ] }, { "date": "2024-12-27", "close": 12.28, "volume": 470903, "typical_volume": 1821613.55, "trend": 14.817333, "fair_value": 18.090833, "relative_strength": -27.372178, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -55.033282, "energy": 37.864424, "activity_lines": [ 12.808, 12.774545, 13.569286, 14.125892 ] }, { "date": "2025-01-03", "close": 12.21, "volume": 668574, "typical_volume": 1762523.15, "trend": 14.689333, "fair_value": 18.014295, "relative_strength": -27.757375, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -63.517113, "energy": 44.168378, "activity_lines": [ 12.59, 12.661273, 13.376476, 13.957677 ] }, { "date": "2025-01-10", "close": 12.02, "volume": 886297, "typical_volume": 1710949.85, "trend": 14.535667, "fair_value": 17.928846, "relative_strength": -26.280072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.703325, "energy": 47.553547, "activity_lines": [ 12.333333, 12.529455, 13.179333, 13.785462 ] }, { "date": "2025-01-17", "close": 12.02, "volume": 648708, "typical_volume": 1427080.85, "trend": 14.387, "fair_value": 17.852372, "relative_strength": -24.63492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.176062, "energy": 53.983959, "activity_lines": [ 12.163333, 12.423091, 12.997952, 13.623161 ] }, { "date": "2025-01-24", "close": 11.96, "volume": 532093, "typical_volume": 1339303.6, "trend": 14.248333, "fair_value": 17.770705, "relative_strength": -23.747365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.192632, "energy": 60.785053, "activity_lines": [ 12.042667, 12.324, 12.830095, 13.466581 ] }, { "date": "2025-01-31", "close": 11.67, "volume": 691987, "typical_volume": 1285274.95, "trend": 14.096333, "fair_value": 17.689103, "relative_strength": -26.060882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.972216, "energy": 56.104382, "activity_lines": [ 11.9, 12.182182, 12.652048, 13.300237 ] }, { "date": "2025-02-07", "close": 11.74, "volume": 723741, "typical_volume": 1214291.1, "trend": 13.961667, "fair_value": 17.606026, "relative_strength": -24.545251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.963893, "energy": 47.996596, "activity_lines": [ 11.821333, 12.058545, 12.499524, 13.148215 ] }, { "date": "2025-02-14", "close": 10.17, "volume": 588080, "typical_volume": 1093308.55, "trend": 13.804, "fair_value": 17.517051, "relative_strength": -31.616077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.921416, "energy": 68.491098, "activity_lines": [ 11.250667, 11.664727, 12.214667, 12.903591 ] }, { "date": "2025-02-21", "close": 9.94, "volume": 1147477, "typical_volume": 971492.2, "trend": 13.616, "fair_value": 17.432692, "relative_strength": -31.559885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.467994, "energy": 78.862099, "activity_lines": [ 10.726667, 11.286364, 11.934381, 12.654301 ] }, { "date": "2025-02-28", "close": 9.65, "volume": 758140, "typical_volume": 929489.2, "trend": 13.387333, "fair_value": 17.348718, "relative_strength": -30.464502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.564477, "energy": 86.520137, "activity_lines": [ 10.244667, 10.912, 11.657238, 12.39843 ] }, { "date": "2025-03-07", "close": 9.89, "volume": 1930451, "typical_volume": 958184.8, "trend": 13.198667, "fair_value": 17.264679, "relative_strength": -29.11736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.740757, "energy": 84.930867, "activity_lines": [ 9.996667, 10.643636, 11.431905, 12.172796 ] }, { "date": "2025-03-14", "close": 9.58, "volume": 791558, "typical_volume": 897865.1, "trend": 13.014667, "fair_value": 17.172564, "relative_strength": -30.110439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.410762, "energy": 84.125844, "activity_lines": [ 9.764, 10.362364, 11.203333, 11.939333 ] }, { "date": "2025-03-21", "close": 9.7, "volume": 1802058, "typical_volume": 914573.05, "trend": 12.827, "fair_value": 17.084103, "relative_strength": -31.365305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.728969, "energy": 70.907091, "activity_lines": [ 9.715333, 10.150727, 11.002905, 11.725484 ] }, { "date": "2025-03-28", "close": 9.04, "volume": 10860575, "typical_volume": 1406034.95, "trend": 12.593, "fair_value": 16.976667, "relative_strength": -35.803351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.878177, "energy": 64.116662, "activity_lines": [ 9.478, 9.861273, 10.757333, 11.481161 ] }, { "date": "2025-04-04", "close": 9.26, "volume": 619901, "typical_volume": 1405098.5, "trend": 12.381, "fair_value": 16.871603, "relative_strength": -31.562957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.164024, "energy": 59.911445, "activity_lines": [ 9.374, 9.666, 10.551667, 11.266129 ] }, { "date": "2025-04-11", "close": 9.69, "volume": 345053, "typical_volume": 1340908.75, "trend": 12.183, "fair_value": 16.762885, "relative_strength": -27.392104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.72458, "energy": 53.930296, "activity_lines": [ 9.439333, 9.598, 10.402429, 11.092516 ] }, { "date": "2025-04-18", "close": 9.76, "volume": 405118, "typical_volume": 1303983.9, "trend": 11.996667, "fair_value": 16.661346, "relative_strength": -29.169475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.339287, "energy": 50.202882, "activity_lines": [ 9.541333, 9.578727, 10.270714, 10.936194 ] }, { "date": "2025-04-25", "close": 10.11, "volume": 869922, "typical_volume": 1304734.1, "trend": 11.809333, "fair_value": 16.56141, "relative_strength": -26.247335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.974885, "energy": 34.892436, "activity_lines": [ 9.748, 9.659091, 10.185762, 10.814473 ] }, { "date": "2025-05-02", "close": 9.75, "volume": 248523, "typical_volume": 1285753.75, "trend": 11.587667, "fair_value": 16.465256, "relative_strength": -28.745121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.392334, "energy": 29.994049, "activity_lines": [ 9.807333, 9.675091, 10.08181, 10.681613 ] }, { "date": "2025-05-09", "close": 9.1, "volume": 500433, "typical_volume": 1274479.6, "trend": 11.366667, "fair_value": 16.375513, "relative_strength": -31.62475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.589242, "energy": 36.194499, "activity_lines": [ 9.602667, 9.576364, 9.931714, 10.521118 ] }, { "date": "2025-05-16", "close": 9.92, "volume": 471984, "typical_volume": 1274533.65, "trend": 11.183667, "fair_value": 16.290385, "relative_strength": -27.544357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.441012, "energy": 28.899518, "activity_lines": [ 9.682, 9.636727, 9.878667, 10.427785 ] }, { "date": "2025-05-23", "close": 9.35, "volume": 4222609, "typical_volume": 1452235.4, "trend": 11.059, "fair_value": 16.204167, "relative_strength": -30.406663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.677466, "energy": 34.986424, "activity_lines": [ 9.556, 9.592909, 9.782571, 10.309484 ] }, { "date": "2025-05-30", "close": 9.41, "volume": 661803, "typical_volume": 1441010.7, "trend": 10.925333, "fair_value": 16.118654, "relative_strength": -28.851891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.554006, "energy": 34.896682, "activity_lines": [ 9.477333, 9.564182, 9.70581, 10.203097 ] }, { "date": "2025-06-06", "close": 9.25, "volume": 440443, "typical_volume": 1430597.45, "trend": 10.799667, "fair_value": 16.031474, "relative_strength": -29.963028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.827778, "energy": 33.921714, "activity_lines": [ 9.392, 9.511636, 9.626238, 10.095011 ] }, { "date": "2025-06-13", "close": 9.24, "volume": 721304, "typical_volume": 1440058.0, "trend": 10.690667, "fair_value": 15.951923, "relative_strength": -28.360223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.283744, "energy": 35.279117, "activity_lines": [ 9.336667, 9.453455, 9.558905, 9.994387 ] }, { "date": "2025-06-20", "close": 8.73, "volume": 847133, "typical_volume": 1447815.3, "trend": 10.582667, "fair_value": 15.865897, "relative_strength": -32.496044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.923463, "energy": 39.753058, "activity_lines": [ 9.102, 9.302909, 9.455952, 9.867892 ] }, { "date": "2025-06-27", "close": 8.95, "volume": 578418, "typical_volume": 1440549.15, "trend": 10.461667, "fair_value": 15.778718, "relative_strength": -31.387429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.024217, "energy": 40.276334, "activity_lines": [ 9.02, 9.209818, 9.387952, 9.762559 ] }, { "date": "2025-07-04", "close": 9.14, "volume": 677079, "typical_volume": 1444999.1, "trend": 10.322333, "fair_value": 15.689551, "relative_strength": -28.612515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.853197, "energy": 35.650971, "activity_lines": [ 9.028, 9.166, 9.351333, 9.67729 ] }, { "date": "2025-07-11", "close": 9.18, "volume": 433191, "typical_volume": 1409284.8, "trend": 10.193, "fair_value": 15.597756, "relative_strength": -26.630166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.354537, "energy": 32.910906, "activity_lines": [ 9.067333, 9.147091, 9.323429, 9.603591 ] }, { "date": "2025-07-18", "close": 9.23, "volume": 810990, "typical_volume": 1411927.3, "trend": 10.064667, "fair_value": 15.504359, "relative_strength": -25.005292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.537931, "energy": 25.346566, "activity_lines": [ 9.128, 9.147636, 9.303905, 9.541462 ] }, { "date": "2025-07-25", "close": 8.87, "volume": 431635, "typical_volume": 1336986.5, "trend": 9.951, "fair_value": 15.400962, "relative_strength": -26.777121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.28895, "energy": 27.151269, "activity_lines": [ 9.069333, 9.080364, 9.252095, 9.464387 ] }, { "date": "2025-08-01", "close": 8.67, "volume": 358061, "typical_volume": 1315311.65, "trend": 9.833, "fair_value": 15.298205, "relative_strength": -26.726593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.745722, "energy": 30.827732, "activity_lines": [ 8.934667, 8.995818, 9.186095, 9.381742 ] }, { "date": "2025-08-08", "close": 8.29, "volume": 715562, "typical_volume": 1260986.85, "trend": 9.708667, "fair_value": 15.193654, "relative_strength": -28.50682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.07431, "energy": 44.3761, "activity_lines": [ 8.692, 8.854545, 9.088238, 9.282194 ] }, { "date": "2025-08-15", "close": 8.47, "volume": 349408, "typical_volume": 735428.5, "trend": 9.590333, "fair_value": 15.087692, "relative_strength": -26.948105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.431153, "energy": 51.555402, "activity_lines": [ 8.566, 8.766364, 9.014238, 9.20228 ] }, { "date": "2025-08-22", "close": 8.51, "volume": 484255, "typical_volume": 728646.2, "trend": 9.475333, "fair_value": 14.978782, "relative_strength": -26.480712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.610045, "energy": 57.062305, "activity_lines": [ 8.500667, 8.699636, 8.946762, 9.132581 ] }, { "date": "2025-08-29", "close": 8.51, "volume": 478650, "typical_volume": 735326.05, "trend": 9.37, "fair_value": 14.876282, "relative_strength": -24.245141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.537246, "energy": 51.341019, "activity_lines": [ 8.483333, 8.646182, 8.882857, 9.070301 ] }, { "date": "2025-09-05", "close": 8.49, "volume": 320060, "typical_volume": 731073.15, "trend": 9.261667, "fair_value": 14.772372, "relative_strength": -24.481677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.807228, "energy": 34.863427, "activity_lines": [ 8.483333, 8.593091, 8.822667, 9.013527 ] }, { "date": "2025-09-12", "close": 8.58, "volume": 506584, "typical_volume": 712906.25, "trend": 9.208667, "fair_value": 14.668397, "relative_strength": -23.930057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.322815, "energy": 29.646575, "activity_lines": [ 8.525333, 8.564727, 8.777095, 8.969548 ] }, { "date": "2025-09-19", "close": 8.66, "volume": 341109, "typical_volume": 717535.55, "trend": 9.166, "fair_value": 14.565256, "relative_strength": -23.032031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.625946, "energy": 23.321271, "activity_lines": [ 8.574667, 8.561091, 8.746429, 8.934151 ] }, { "date": "2025-09-26", "close": 8.55, "volume": 478973, "typical_volume": 716462.55, "trend": 9.129333, "fair_value": 14.464295, "relative_strength": -21.069251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.956153, "energy": 20.736396, "activity_lines": [ 8.574667, 8.546909, 8.710476, 8.894409 ] }, { "date": "2025-10-03", "close": 8.5, "volume": 330722, "typical_volume": 709399.45, "trend": 9.083, "fair_value": 14.36141, "relative_strength": -21.202349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.986326, "energy": 20.641626, "activity_lines": [ 8.555333, 8.536, 8.672381, 8.853806 ] }, { "date": "2025-10-10", "close": 8.36, "volume": 351653, "typical_volume": 515851.65, "trend": 9.042333, "fair_value": 14.259231, "relative_strength": -22.671156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.549819, "energy": 27.079672, "activity_lines": [ 8.49, 8.506364, 8.627714, 8.807161 ] }, { "date": "2025-10-17", "close": 8.14, "volume": 315946, "typical_volume": 498558.8, "trend": 8.990333, "fair_value": 14.156603, "relative_strength": -24.924782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.906128, "energy": 36.585458, "activity_lines": [ 8.36, 8.442364, 8.56681, 8.748946 ] }, { "date": "2025-10-24", "close": 8.24, "volume": 448905, "typical_volume": 498981.9, "trend": 8.963667, "fair_value": 14.055577, "relative_strength": -23.479509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.017951, "energy": 36.944648, "activity_lines": [ 8.292667, 8.399273, 8.521476, 8.700538 ] }, { "date": "2025-10-31", "close": 8.03, "volume": 925393, "typical_volume": 509186.35, "trend": 8.922667, "fair_value": 13.952564, "relative_strength": -24.381921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.328565, "energy": 45.201792, "activity_lines": [ 8.183333, 8.322182, 8.460952, 8.640301 ] }, { "date": "2025-11-07", "close": 6.94, "volume": 1486583, "typical_volume": 541158.85, "trend": 8.831, "fair_value": 13.845128, "relative_strength": -33.227007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.11678, "energy": 71.117746, "activity_lines": [ 7.745333, 8.055636, 8.302381, 8.512387 ] }, { "date": "2025-11-14", "close": 6.9, "volume": 566541, "typical_volume": 540565.0, "trend": 8.735667, "fair_value": 13.73968, "relative_strength": -33.854542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.047256, "energy": 79.462325, "activity_lines": [ 7.398, 7.810364, 8.148524, 8.387806 ] }, { "date": "2025-11-21", "close": 6.88, "volume": 543267, "typical_volume": 533874.4, "trend": 8.628, "fair_value": 13.631859, "relative_strength": -33.696436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.001179, "energy": 84.329488, "activity_lines": [ 7.141333, 7.590364, 8.002524, 8.268086 ] }, { "date": "2025-11-28", "close": 6.62, "volume": 414954, "typical_volume": 532962.55, "trend": 8.523667, "fair_value": 13.525577, "relative_strength": -35.695609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.94743, "energy": 87.669184, "activity_lines": [ 6.882, 7.354, 7.842524, 8.138538 ] }, { "date": "2025-12-05", "close": 6.73, "volume": 847373, "typical_volume": 534781.7, "trend": 8.444667, "fair_value": 13.421603, "relative_strength": -33.667877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.096446, "energy": 82.023202, "activity_lines": [ 6.767333, 7.174727, 7.70519, 8.022817 ] }, { "date": "2025-12-12", "close": 6.5, "volume": 396648, "typical_volume": 533032.35, "trend": 8.330667, "fair_value": 13.306218, "relative_strength": -34.691385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.574825, "energy": 79.755536, "activity_lines": [ 6.662667, 6.986727, 7.557857, 7.897355 ] }, { "date": "2025-12-19", "close": 6.59, "volume": 428105, "typical_volume": 536534.55, "trend": 8.238667, "fair_value": 13.193974, "relative_strength": -32.560977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.881835, "energy": 62.830495, "activity_lines": [ 6.617333, 6.851455, 7.430381, 7.785054 ] }, { "date": "2025-12-26", "close": 6.69, "volume": 248692, "typical_volume": 513191.05, "trend": 8.148, "fair_value": 13.076282, "relative_strength": -30.822324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.601326, "energy": 56.53606, "activity_lines": [ 6.626, 6.766545, 7.322333, 7.68514 ] }, { "date": "2026-01-02", "close": 6.79, "volume": 469766, "typical_volume": 519208.95, "trend": 8.066, "fair_value": 12.947051, "relative_strength": -29.637938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.602721, "energy": 50.749586, "activity_lines": [ 6.680667, 6.726182, 7.231429, 7.597527 ] }, { "date": "2026-01-09", "close": 6.6, "volume": 577982, "typical_volume": 523895.3, "trend": 7.978, "fair_value": 12.853462, "relative_strength": -28.933996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.037598, "energy": 46.384689, "activity_lines": [ 6.660667, 6.677636, 7.130429, 7.502946 ] }, { "date": "2026-01-16", "close": 6.29, "volume": 540469, "typical_volume": 526986.25, "trend": 7.896667, "fair_value": 12.792821, "relative_strength": -31.30283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.998141, "energy": 48.639687, "activity_lines": [ 6.546, 6.598727, 7.009, 7.394043 ] }, { "date": "2026-01-23", "close": 6.1, "volume": 687085, "typical_volume": 545337.5, "trend": 7.801667, "fair_value": 12.738654, "relative_strength": -30.633376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.656739, "energy": 54.720794, "activity_lines": [ 6.382, 6.497091, 6.880048, 7.278129 ] }, { "date": "2026-01-30", "close": 6.03, "volume": 352171, "typical_volume": 537616.85, "trend": 7.698, "fair_value": 12.69109, "relative_strength": -31.192532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.900243, "energy": 62.59084, "activity_lines": [ 6.227333, 6.397273, 6.75581, 7.163828 ] }, { "date": "2026-02-06", "close": 6.22, "volume": 508846, "typical_volume": 546003.7, "trend": 7.599333, "fair_value": 12.644423, "relative_strength": -29.044814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.306079, "energy": 70.22643, "activity_lines": [ 6.18, 6.347455, 6.66181, 7.068473 ] }, { "date": "2026-02-13", "close": 6.2, "volume": 475950, "typical_volume": 545852.55, "trend": 7.498333, "fair_value": 12.603397, "relative_strength": -27.840888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.685729, "energy": 66.534532, "activity_lines": [ 6.164, 6.301273, 6.577524, 6.978194 ] }, { "date": "2026-02-20", "close": 6.12, "volume": 473972, "typical_volume": 553015.05, "trend": 7.406667, "fair_value": 12.565064, "relative_strength": -28.246267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.46802, "energy": 51.181218, "activity_lines": [ 6.148, 6.250182, 6.49681, 6.889269 ] }, { "date": "2026-02-27", "close": 6.04, "volume": 1392121, "typical_volume": 605038.45, "trend": 7.319, "fair_value": 12.529744, "relative_strength": -27.256823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.928306, "energy": 49.359118, "activity_lines": [ 6.116667, 6.191455, 6.41981, 6.801097 ] }, { "date": "2026-03-06", "close": 5.91, "volume": 727492, "typical_volume": 625615.75, "trend": 7.239667, "fair_value": 12.496154, "relative_strength": -25.85158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.328047, "energy": 52.884672, "activity_lines": [ 6.046, 6.119091, 6.341476, 6.710194 ] }, { "date": "2026-03-13", "close": 5.61, "volume": 651181, "typical_volume": 635729.55, "trend": 7.144333, "fair_value": 12.463205, "relative_strength": -24.843087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.086485, "energy": 58.68726, "activity_lines": [ 5.883333, 6.006364, 6.24519, 6.605054 ] }, { "date": "2026-03-20", "close": 5.26, "volume": 1191051, "typical_volume": 649012.45, "trend": 7.036, "fair_value": 12.428654, "relative_strength": -28.620695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.568048, "energy": 76.390733, "activity_lines": [ 5.644667, 5.851455, 6.128095, 6.483484 ] }, { "date": "2026-03-27", "close": 4.62, "volume": 2171611, "typical_volume": 683263.85, "trend": 6.906333, "fair_value": 12.389038, "relative_strength": -35.79087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.212239, "energy": 91.282615, "activity_lines": [ 5.255333, 5.604545, 5.963238, 6.327613 ] }, { "date": "2026-04-03", "close": 5.36, "volume": 931056, "typical_volume": 701489.6, "trend": 6.802, "fair_value": 12.348718, "relative_strength": -24.380787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.074335, "energy": 74.056196, "activity_lines": [ 5.212667, 5.522545, 5.879905, 6.227849 ] }, { "date": "2026-04-10", "close": 6.41, "volume": 788702, "typical_volume": 713761.35, "trend": 6.729667, "fair_value": 12.31609, "relative_strength": -13.757044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.671684, "energy": 42.110303, "activity_lines": [ 5.565333, 5.644909, 5.903905, 6.202559 ] }, { "date": "2026-04-17", "close": 6.32, "volume": 354869, "typical_volume": 710757.1, "trend": 6.651667, "fair_value": 12.284167, "relative_strength": -15.236169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.794651, "energy": 22.014136, "activity_lines": [ 5.854667, 5.744, 5.921571, 6.176129 ] }, { "date": "2026-04-24", "close": 6.05, "volume": 249901, "typical_volume": 680883.5, "trend": 6.568333, "fair_value": 12.250513, "relative_strength": -16.431748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.66217, "energy": 22.405409, "activity_lines": [ 6.006667, 5.792182, 5.914952, 6.137312 ] }, { "date": "2026-05-01", "close": 6.05, "volume": 76921, "typical_volume": 664897.15, "trend": 6.486667, "fair_value": 12.2175, "relative_strength": -15.987385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.657299, "energy": 23.399658, "activity_lines": [ 6.106, 5.843091, 5.911571, 6.103871 ] }, { "date": "2026-05-08", "close": 6.16, "volume": 271765, "typical_volume": 657080.15, "trend": 6.413333, "fair_value": 12.184551, "relative_strength": -14.410332, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.286099, "energy": 18.397709, "activity_lines": [ 6.146667, 5.915273, 5.92081, 6.082796 ] }, { "date": "2026-05-15", "close": 6.15, "volume": 381046, "typical_volume": 663697.85, "trend": 6.347, "fair_value": 12.15282, "relative_strength": -11.847631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.785226, "energy": 10.599711, "activity_lines": [ 6.130667, 5.983455, 5.931143, 6.065806 ] }, { "date": "2026-05-22", "close": 6.1, "volume": 302627, "typical_volume": 655340.9, "trend": 6.275667, "fair_value": 12.120449, "relative_strength": -12.162305, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.855902, "energy": 9.595389, "activity_lines": [ 6.115333, 6.038182, 5.939286, 6.049871 ] }, { "date": "2026-05-29", "close": 6.15, "volume": 159270, "typical_volume": 634405.3, "trend": 6.213, "fair_value": 12.087756, "relative_strength": -10.094321, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.381304, "energy": 8.698497, "activity_lines": [ 6.131333, 6.093091, 5.955476, 6.041763 ] }, { "date": "2026-06-05", "close": 6.35, "volume": 45572, "typical_volume": 609660.45, "trend": 6.193333, "fair_value": 12.056987, "relative_strength": -5.839166, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.869034, "energy": 13.769114, "activity_lines": [ 6.207333, 6.168182, 5.992857, 6.050602 ] }, { "date": "2026-06-12", "close": 6.08, "volume": 24148, "typical_volume": 576513.6, "trend": 6.166, "fair_value": 12.024167, "relative_strength": -10.123377, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.402734, "energy": 10.11675, "activity_lines": [ 6.173333, 6.162727, 6.004238, 6.04329 ] }, { "date": "2026-06-19", "close": 6.31, "volume": 84992, "typical_volume": 563154.65, "trend": 6.147, "fair_value": 11.993782, "relative_strength": -7.713192, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.416288, "energy": 15.231169, "activity_lines": [ 6.221333, 6.186, 6.037619, 6.052581 ] }, { "date": "2026-06-26", "close": 6.16, "volume": 0, "typical_volume": 537712.35, "trend": 6.131667, "fair_value": 11.961154, "relative_strength": -9.499083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.79163, "energy": 14.279764, "activity_lines": [ 6.208667, 6.183818, 6.055381, 6.053419 ] }, { "date": "2026-07-03", "close": 6.07, "volume": 152741, "typical_volume": 521551.9, "trend": 6.109667, "fair_value": 11.917372, "relative_strength": -10.951753, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.341278, "energy": 5.626803, "activity_lines": [ 6.162, 6.168182, 6.064857, 6.049441 ] }, { "date": "2026-07-10", "close": 6.0, "volume": 311122, "typical_volume": 513409.4, "trend": 6.093, "fair_value": 11.871218, "relative_strength": -11.032481, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.250214, "energy": 3.424674, "activity_lines": [ 6.097333, 6.139455, 6.068286, 6.042366 ] }, { "date": "2026-07-17", "close": 5.98, "volume": 156748, "typical_volume": 451640.75, "trend": 6.072667, "fair_value": 11.826538, "relative_strength": -11.032238, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.477645, "energy": 9.51276, "activity_lines": [ 6.049333, 6.108, 6.070381, 6.035075 ] }, { "date": "2026-07-24", "close": 6.4, "volume": 1144699, "typical_volume": 472501.1, "trend": 6.063, "fair_value": 11.790641, "relative_strength": -1.912817, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.96131, "energy": 9.31849, "activity_lines": [ 6.148, 6.156182, 6.112762, 6.056194 ] }, { "date": "2026-07-31", "close": 6.79, "volume": 519423, "typical_volume": 465913.2, "trend": 6.063, "fair_value": 11.757244, "relative_strength": 1.966692, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.299849, "energy": 51.506244, "activity_lines": [ 6.370667, 6.270727, 6.189952, 6.103097 ] }, { "date": "2026-08-07", "close": 6.85, "volume": 254746, "typical_volume": 419097.95, "trend": 6.071333, "fair_value": 11.724551, "relative_strength": 2.528475, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.117919, "energy": 65.696387, "activity_lines": [ 6.571333, 6.383636, 6.267238, 6.153871 ] } ], "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." } } }