{ "ticker": { "uuid": "9e729818-6cea-4c1c-b9ef-86f78cd2e19b", "symbol": "WPAY", "name": "Westpay AB", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -74.434, "architecture_energy": 88.927, "architecture_maturity": 35.698, "architecture_confidence": 84.808, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 3.33, "rotation_up": 8.24, "upward_expansion": 21.62, "deceleration": 37.02, "rotation_down": 81.78, "downward_expansion": 97.29 }, "activity_lines": [ 0.9674, 1.051291, 1.145433, 1.190217 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 0.938, "trend_reference": 1.2444, "distance_from_trend": -0.246223, "trend_direction": "Weakening", "fair_value": 0.958513, "distance_from_fair_value": -0.021401, "fair_value_direction": "Weakening", "relative_strength": -38.170677, "relative_strength_direction": "Weakening", "price_momentum": -0.231148, "excess_performance": -0.292642, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.246223, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.069376, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.021401, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.398022, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.381707, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.256761, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.231148, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.200758, "read": "Supply-led" } ], "volume": { "latest": 167708, "relative_activity": 1.04995, "balance": 0.200758, "dry_up": 2.031142, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.110792, "annualized_volatility": 0.487499, "from_high_reference": -0.531, "from_low_reference": 0.146699 }, "levels": { "trend_reference": 1.2444, "fair_value_reference": 0.958513, "structural_low": 0.818, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": -0.024525, "positive_rate": 0.4375, "directional_follow_through": 0.5625, "median_excess_return": 0.01189, "regime_survival": 0.78125, "best_return": 0.253846, "worst_return": -0.223496, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.078125, "positive_rate": 0.230769, "directional_follow_through": 0.769231, "median_excess_return": -0.103062, "regime_survival": 0.769231, "best_return": 0.713043, "worst_return": -0.392157, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.040323, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.146946, "regime_survival": 0.571429, "best_return": 0.930435, "worst_return": -0.429885, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.244769, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.236889, "regime_survival": 0.75, "best_return": 1.544, "worst_return": -0.549051, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": -0.193548, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-27", "tenure": "Developing", "return": -0.133333, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-02-07", "tenure": "Developing", "return": 0.182609, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": 0.594203, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-04-25", "tenure": "Developing", "return": -0.09, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-02", "end": "2025-07-04", "tenure": "Developing", "return": 0.254237, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-09-12", "tenure": "Developing", "return": 0.051095, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-09-26", "tenure": "New", "return": 0.113208, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.149701, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2026-01-09", "tenure": "Developing", "return": -0.019868, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-03-27", "tenure": "Developing", "return": -0.15942, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.090164, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": -0.072519, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.218333, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 0.744, "volume": 415179, "typical_volume": 195256.0, "trend": 1.1479, "fair_value": 2.077577, "relative_strength": -45.452097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.132458, "energy": 94.328997, "activity_lines": [ 0.821067, 0.845418, 0.906295, 1.01052 ] }, { "date": "2023-08-25", "close": 0.714, "volume": 722174, "typical_volume": 223104.15, "trend": 1.125367, "fair_value": 2.069846, "relative_strength": -46.697989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.817699, "energy": 94.069056, "activity_lines": [ 0.7816, 0.818036, 0.877595, 0.982527 ] }, { "date": "2023-09-01", "close": 0.698, "volume": 21672, "typical_volume": 216718.15, "trend": 1.0953, "fair_value": 2.062622, "relative_strength": -47.719414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.529465, "energy": 94.180949, "activity_lines": [ 0.744667, 0.790945, 0.851162, 0.954955 ] }, { "date": "2023-09-08", "close": 0.704, "volume": 7699, "typical_volume": 214870.1, "trend": 1.0661, "fair_value": 2.054314, "relative_strength": -45.980378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.403953, "energy": 85.252558, "activity_lines": [ 0.719867, 0.768364, 0.829357, 0.92971 ] }, { "date": "2023-09-15", "close": 0.744, "volume": 182128, "typical_volume": 217954.35, "trend": 1.0459, "fair_value": 2.046712, "relative_strength": -42.286122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.187904, "energy": 72.012349, "activity_lines": [ 0.720133, 0.757709, 0.814986, 0.908929 ] }, { "date": "2023-09-22", "close": 0.74, "volume": 15525, "typical_volume": 188834.35, "trend": 1.0244, "fair_value": 2.039244, "relative_strength": -40.782081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.320624, "energy": 66.420582, "activity_lines": [ 0.726533, 0.749345, 0.802929, 0.889194 ] }, { "date": "2023-09-29", "close": 0.732, "volume": 52999, "typical_volume": 150951.1, "trend": 1.0033, "fair_value": 2.032558, "relative_strength": -39.626639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.285562, "energy": 64.249973, "activity_lines": [ 0.730533, 0.741309, 0.791514, 0.870329 ] }, { "date": "2023-10-06", "close": 1.075, "volume": 563498, "typical_volume": 171381.2, "trend": 0.9953, "fair_value": 2.02666, "relative_strength": -9.946077, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -0.021395, "energy": 18.644839, "activity_lines": [ 0.847667, 0.797455, 0.814305, 0.874955 ] }, { "date": "2023-10-13", "close": 0.9, "volume": 771101, "typical_volume": 204908.2, "trend": 0.9818, "fair_value": 2.019769, "relative_strength": -24.390764, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -13.713015, "energy": 23.800565, "activity_lines": [ 0.881333, 0.817691, 0.819919, 0.868806 ] }, { "date": "2023-10-20", "close": 0.854, "volume": 70756, "typical_volume": 205049.1, "trend": 0.963933, "fair_value": 2.012712, "relative_strength": -22.986716, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -4.894422, "energy": 22.92506, "activity_lines": [ 0.8866, 0.8292, 0.821457, 0.860561 ] }, { "date": "2023-10-27", "close": 0.812, "volume": 20952, "typical_volume": 198517.25, "trend": 0.942667, "fair_value": 2.005096, "relative_strength": -24.445897, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.927057, "energy": 22.952222, "activity_lines": [ 0.870533, 0.833109, 0.819281, 0.850759 ] }, { "date": "2023-11-03", "close": 0.774, "volume": 58266, "typical_volume": 197858.3, "trend": 0.918133, "fair_value": 1.997558, "relative_strength": -29.516309, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.785892, "energy": 12.788911, "activity_lines": [ 0.837, 0.828873, 0.813857, 0.839877 ] }, { "date": "2023-11-10", "close": 0.78, "volume": 97014, "typical_volume": 195510.7, "trend": 0.892467, "fair_value": 1.989801, "relative_strength": -27.684157, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.083158, "energy": 24.821684, "activity_lines": [ 0.802667, 0.824636, 0.809557, 0.830966 ] }, { "date": "2023-11-17", "close": 0.786, "volume": 14640, "typical_volume": 183290.8, "trend": 0.869833, "fair_value": 1.982244, "relative_strength": -29.100762, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.064609, "energy": 29.705289, "activity_lines": [ 0.79, 0.82, 0.806333, 0.824097 ] }, { "date": "2023-11-24", "close": 0.766, "volume": 5792, "typical_volume": 180953.55, "trend": 0.8517, "fair_value": 1.974269, "relative_strength": -31.071715, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.994772, "energy": 34.078019, "activity_lines": [ 0.778267, 0.810236, 0.802033, 0.817398 ] }, { "date": "2023-12-01", "close": 0.772, "volume": 130839, "typical_volume": 173316.5, "trend": 0.842933, "fair_value": 1.964987, "relative_strength": -30.330241, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.821847, "energy": 38.680491, "activity_lines": [ 0.7744, 0.801164, 0.79899, 0.812256 ] }, { "date": "2023-12-08", "close": 0.704, "volume": 328750, "typical_volume": 181203.75, "trend": 0.831233, "fair_value": 1.951808, "relative_strength": -37.405588, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.266314, "energy": 51.574197, "activity_lines": [ 0.750533, 0.779145, 0.789786, 0.803292 ] }, { "date": "2023-12-15", "close": 0.732, "volume": 329093, "typical_volume": 196782.05, "trend": 0.823367, "fair_value": 1.939897, "relative_strength": -35.817489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.937747, "energy": 47.005551, "activity_lines": [ 0.740667, 0.762727, 0.783857, 0.79689 ] }, { "date": "2023-12-22", "close": 0.7, "volume": 196272, "typical_volume": 202239.75, "trend": 0.814567, "fair_value": 1.926436, "relative_strength": -37.512014, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.834634, "energy": 49.838066, "activity_lines": [ 0.723333, 0.746727, 0.775443, 0.788931 ] }, { "date": "2023-12-29", "close": 0.708, "volume": 242805, "typical_volume": 212357.7, "trend": 0.8077, "fair_value": 1.912513, "relative_strength": -36.354517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.383105, "energy": 47.568406, "activity_lines": [ 0.7144, 0.735818, 0.768648, 0.782056 ] }, { "date": "2024-01-05", "close": 0.698, "volume": 67580, "typical_volume": 194977.75, "trend": 0.8013, "fair_value": 1.899679, "relative_strength": -34.662985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.745379, "energy": 54.53433, "activity_lines": [ 0.706, 0.725745, 0.761605, 0.774978 ] }, { "date": "2024-01-12", "close": 0.726, "volume": 36633, "typical_volume": 160700.7, "trend": 0.795833, "fair_value": 1.887026, "relative_strength": -31.568155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.392273, "energy": 66.210341, "activity_lines": [ 0.711867, 0.722836, 0.757448, 0.77012 ] }, { "date": "2024-01-19", "close": 0.718, "volume": 237785, "typical_volume": 171506.35, "trend": 0.790233, "fair_value": 1.874962, "relative_strength": -29.562153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.019212, "energy": 53.065809, "activity_lines": [ 0.7136, 0.719345, 0.752471, 0.765099 ] }, { "date": "2024-01-26", "close": 0.688, "volume": 39996, "typical_volume": 173121.2, "trend": 0.781167, "fair_value": 1.863603, "relative_strength": -33.57496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.739012, "energy": 57.812139, "activity_lines": [ 0.706267, 0.711527, 0.744543, 0.758503 ] }, { "date": "2024-02-02", "close": 0.652, "volume": 168781, "typical_volume": 172453.85, "trend": 0.772567, "fair_value": 1.851308, "relative_strength": -35.799265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.984577, "energy": 63.092632, "activity_lines": [ 0.687733, 0.698945, 0.733262, 0.75017 ] }, { "date": "2024-02-09", "close": 0.646, "volume": 104153, "typical_volume": 176885.25, "trend": 0.766167, "fair_value": 1.839423, "relative_strength": -34.672925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.875849, "energy": 65.508542, "activity_lines": [ 0.670933, 0.687345, 0.721848, 0.742004 ] }, { "date": "2024-02-16", "close": 0.66, "volume": 294733, "typical_volume": 188971.95, "trend": 0.760433, "fair_value": 1.826346, "relative_strength": -33.835261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.945572, "energy": 58.961359, "activity_lines": [ 0.662267, 0.680582, 0.712214, 0.735155 ] }, { "date": "2024-02-23", "close": 0.642, "volume": 88075, "typical_volume": 165200.8, "trend": 0.7535, "fair_value": 1.815141, "relative_strength": -35.245896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.746714, "energy": 61.733084, "activity_lines": [ 0.652, 0.671345, 0.70121, 0.727514 ] }, { "date": "2024-03-01", "close": 0.59, "volume": 378165, "typical_volume": 145554.0, "trend": 0.743833, "fair_value": 1.804692, "relative_strength": -40.08373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.679603, "energy": 61.338125, "activity_lines": [ 0.629467, 0.654291, 0.687314, 0.716966 ] }, { "date": "2024-03-08", "close": 0.626, "volume": 120689, "typical_volume": 148050.65, "trend": 0.736167, "fair_value": 1.794282, "relative_strength": -36.026622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.566539, "energy": 50.880204, "activity_lines": [ 0.625467, 0.645782, 0.678324, 0.709363 ] }, { "date": "2024-03-15", "close": 0.714, "volume": 114071, "typical_volume": 152706.6, "trend": 0.735167, "fair_value": 1.784436, "relative_strength": -27.133455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.62298, "energy": 35.348032, "activity_lines": [ 0.652533, 0.654764, 0.6788, 0.707933 ] }, { "date": "2024-03-22", "close": 0.758, "volume": 122070, "typical_volume": 155896.8, "trend": 0.736633, "fair_value": 1.772115, "relative_strength": -21.22884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.164692, "energy": 10.950157, "activity_lines": [ 0.689733, 0.671455, 0.683933, 0.709406 ] }, { "date": "2024-03-29", "close": 0.73, "volume": 255651, "typical_volume": 163828.65, "trend": 0.7377, "fair_value": 1.759103, "relative_strength": -22.227911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.167503, "energy": 18.40262, "activity_lines": [ 0.711067, 0.682473, 0.686476, 0.708978 ] }, { "date": "2024-04-05", "close": 0.72, "volume": 142014, "typical_volume": 170197.35, "trend": 0.738233, "fair_value": 1.745321, "relative_strength": -21.240278, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.727181, "energy": 19.780414, "activity_lines": [ 0.7232, 0.691455, 0.688305, 0.707837 ] }, { "date": "2024-04-12", "close": 0.635, "volume": 122705, "typical_volume": 176043.0, "trend": 0.7346, "fair_value": 1.731955, "relative_strength": -28.968023, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.459573, "energy": 17.554697, "activity_lines": [ 0.698333, 0.6844, 0.682352, 0.701176 ] }, { "date": "2024-04-19", "close": 0.625, "volume": 427128, "typical_volume": 190857.45, "trend": 0.730767, "fair_value": 1.718333, "relative_strength": -28.395404, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.884314, "energy": 24.546741, "activity_lines": [ 0.669533, 0.675836, 0.676071, 0.694105 ] }, { "date": "2024-04-26", "close": 0.665, "volume": 270622, "typical_volume": 187951.05, "trend": 0.728533, "fair_value": 1.704712, "relative_strength": -24.144434, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.138726, "energy": 21.412442, "activity_lines": [ 0.66, 0.674927, 0.6743, 0.689862 ] }, { "date": "2024-05-03", "close": 0.635, "volume": 707264, "typical_volume": 206859.6, "trend": 0.713867, "fair_value": 1.691795, "relative_strength": -26.186211, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.604951, "energy": 29.045238, "activity_lines": [ 0.646667, 0.668473, 0.669857, 0.683828 ] }, { "date": "2024-05-10", "close": 0.665, "volume": 371780, "typical_volume": 215635.0, "trend": 0.706033, "fair_value": 1.680609, "relative_strength": -24.341563, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.319928, "energy": 25.28442, "activity_lines": [ 0.649667, 0.6676, 0.668733, 0.680675 ] }, { "date": "2024-05-17", "close": 0.65, "volume": 1400006, "typical_volume": 273495.05, "trend": 0.699233, "fair_value": 1.669391, "relative_strength": -24.567359, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.714958, "energy": 21.747702, "activity_lines": [ 0.651333, 0.662636, 0.666348, 0.67706 ] }, { "date": "2024-05-24", "close": 0.54, "volume": 1099432, "typical_volume": 325087.65, "trend": 0.690167, "fair_value": 1.658109, "relative_strength": -37.066766, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.884562, "energy": 36.678371, "activity_lines": [ 0.615333, 0.637236, 0.653762, 0.666787 ] }, { "date": "2024-05-31", "close": 0.53, "volume": 705031, "typical_volume": 358507.55, "trend": 0.682033, "fair_value": 1.645545, "relative_strength": -37.025387, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.672937, "energy": 47.770478, "activity_lines": [ 0.581667, 0.613182, 0.640976, 0.656454 ] }, { "date": "2024-06-07", "close": 0.535, "volume": 77202, "typical_volume": 350478.4, "trend": 0.673867, "fair_value": 1.632115, "relative_strength": -36.210023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.487255, "energy": 55.942672, "activity_lines": [ 0.558667, 0.594182, 0.6296, 0.646968 ] }, { "date": "2024-06-14", "close": 0.434, "volume": 253583, "typical_volume": 361157.75, "trend": 0.662133, "fair_value": 1.619705, "relative_strength": -46.30993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.256851, "energy": 71.755759, "activity_lines": [ 0.508667, 0.560364, 0.609476, 0.631492 ] }, { "date": "2024-06-21", "close": 0.635, "volume": 1935523, "typical_volume": 449494.85, "trend": 0.657767, "fair_value": 1.608199, "relative_strength": -21.096211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.226189, "energy": 39.887536, "activity_lines": [ 0.541067, 0.568291, 0.609705, 0.629742 ] }, { "date": "2024-06-28", "close": 0.625, "volume": 253355, "typical_volume": 456954.95, "trend": 0.652867, "fair_value": 1.597013, "relative_strength": -21.37475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.77236, "energy": 25.407148, "activity_lines": [ 0.571133, 0.5744, 0.609062, 0.627628 ] }, { "date": "2024-07-05", "close": 0.585, "volume": 434478, "typical_volume": 463942.2, "trend": 0.6489, "fair_value": 1.585699, "relative_strength": -25.21526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.957632, "energy": 17.430025, "activity_lines": [ 0.5822, 0.573236, 0.60471, 0.623249 ] }, { "date": "2024-07-12", "close": 0.6, "volume": 211261, "typical_volume": 470101.5, "trend": 0.6445, "fair_value": 1.574481, "relative_strength": -24.773665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.374055, "energy": 16.920158, "activity_lines": [ 0.5946, 0.576255, 0.602143, 0.620095 ] }, { "date": "2024-07-19", "close": 0.625, "volume": 190615, "typical_volume": 460724.0, "trend": 0.642, "fair_value": 1.56291, "relative_strength": -19.14214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.57545, "energy": 14.019782, "activity_lines": [ 0.611, 0.584455, 0.602157, 0.618837 ] }, { "date": "2024-07-26", "close": 0.65, "volume": 162570, "typical_volume": 462818.05, "trend": 0.640067, "fair_value": 1.552077, "relative_strength": -15.496671, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.861368, "energy": 10.896474, "activity_lines": [ 0.623, 0.597927, 0.604386, 0.619353 ] }, { "date": "2024-08-02", "close": 0.62, "volume": 60902, "typical_volume": 460159.6, "trend": 0.637467, "fair_value": 1.540859, "relative_strength": -14.939871, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.599117, "energy": 10.311864, "activity_lines": [ 0.624, 0.605945, 0.603643, 0.618058 ] }, { "date": "2024-08-09", "close": 0.61, "volume": 58272, "typical_volume": 456969.7, "trend": 0.6336, "fair_value": 1.53009, "relative_strength": -15.251185, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.304093, "energy": 9.800851, "activity_lines": [ 0.622, 0.610691, 0.602395, 0.616286 ] }, { "date": "2024-08-16", "close": 0.825, "volume": 402002, "typical_volume": 464287.25, "trend": 0.637167, "fair_value": 1.52025, "relative_strength": 11.402356, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.904741, "energy": 34.056135, "activity_lines": [ 0.69, 0.653073, 0.622329, 0.628634 ] }, { "date": "2024-08-23", "close": 0.79, "volume": 305152, "typical_volume": 472444.15, "trend": 0.640567, "fair_value": 1.506147, "relative_strength": 5.749452, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.003653, "energy": 43.946864, "activity_lines": [ 0.731333, 0.683818, 0.638476, 0.638495 ] }, { "date": "2024-08-30", "close": 0.845, "volume": 374694, "typical_volume": 485043.6, "trend": 0.647, "fair_value": 1.49259, "relative_strength": 11.46733, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 69.132199, "energy": 66.329726, "activity_lines": [ 0.78, 0.718091, 0.659529, 0.651684 ] }, { "date": "2024-09-06", "close": 0.81, "volume": 115381, "typical_volume": 469456.25, "trend": 0.652467, "fair_value": 1.479577, "relative_strength": 11.779712, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.045894, "energy": 66.494437, "activity_lines": [ 0.804, 0.742182, 0.676248, 0.6622 ] }, { "date": "2024-09-13", "close": 0.71, "volume": 130231, "typical_volume": 462436.7, "trend": 0.654133, "fair_value": 1.466949, "relative_strength": -3.36742, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.803995, "energy": 51.994754, "activity_lines": [ 0.782, 0.744727, 0.682562, 0.665912 ] }, { "date": "2024-09-20", "close": 0.67, "volume": 436469, "typical_volume": 448896.95, "trend": 0.655067, "fair_value": 1.453103, "relative_strength": -10.233902, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.616812, "energy": 34.45857, "activity_lines": [ 0.74, 0.737727, 0.684852, 0.666935 ] }, { "date": "2024-09-27", "close": 0.725, "volume": 215215, "typical_volume": 441068.7, "trend": 0.659567, "fair_value": 1.439096, "relative_strength": -4.672911, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.260332, "energy": 20.645505, "activity_lines": [ 0.726667, 0.739455, 0.692214, 0.671447 ] }, { "date": "2024-10-04", "close": 0.775, "volume": 121764, "typical_volume": 377156.6, "trend": 0.664533, "fair_value": 1.425538, "relative_strength": 4.704108, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.106056, "energy": 21.691744, "activity_lines": [ 0.734333, 0.748455, 0.704052, 0.678895 ] }, { "date": "2024-10-11", "close": 0.725, "volume": 69029, "typical_volume": 325636.45, "trend": 0.6649, "fair_value": 1.411981, "relative_strength": -0.600005, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.705782, "energy": 17.875313, "activity_lines": [ 0.73, 0.746091, 0.710533, 0.682796 ] }, { "date": "2024-10-18", "close": 0.72, "volume": 60186, "typical_volume": 293394.2, "trend": 0.663633, "fair_value": 1.399224, "relative_strength": -0.591993, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.04127, "energy": 19.514081, "activity_lines": [ 0.729667, 0.740909, 0.715657, 0.686351 ] }, { "date": "2024-10-25", "close": 0.665, "volume": 190044, "typical_volume": 299036.3, "trend": 0.661467, "fair_value": 1.385346, "relative_strength": -7.221746, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.276202, "energy": 12.010007, "activity_lines": [ 0.710333, 0.723727, 0.714638, 0.686439 ] }, { "date": "2024-11-01", "close": 0.625, "volume": 338456, "typical_volume": 303279.95, "trend": 0.6583, "fair_value": 1.371596, "relative_strength": -10.865898, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.669646, "energy": 8.941963, "activity_lines": [ 0.678, 0.702182, 0.70919, 0.684086 ] }, { "date": "2024-11-08", "close": 0.645, "volume": 210569, "typical_volume": 217032.25, "trend": 0.658633, "fair_value": 1.353615, "relative_strength": -7.309936, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.768576, "energy": 13.256874, "activity_lines": [ 0.659, 0.687273, 0.704738, 0.683228 ] }, { "date": "2024-11-15", "close": 0.625, "volume": 78169, "typical_volume": 208272.95, "trend": 0.658633, "fair_value": 1.336147, "relative_strength": -7.731972, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.711899, "energy": 33.333716, "activity_lines": [ 0.642, 0.672364, 0.698333, 0.681058 ] }, { "date": "2024-11-22", "close": 0.6, "volume": 86473, "typical_volume": 190872.7, "trend": 0.656467, "fair_value": 1.320891, "relative_strength": -10.901223, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.612856, "energy": 47.113545, "activity_lines": [ 0.623333, 0.656273, 0.689548, 0.677275 ] }, { "date": "2024-11-29", "close": 0.565, "volume": 288328, "typical_volume": 194726.05, "trend": 0.654133, "fair_value": 1.304385, "relative_strength": -15.371371, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.705, "energy": 54.109372, "activity_lines": [ 0.601, 0.635818, 0.677357, 0.671374 ] }, { "date": "2024-12-06", "close": 0.565, "volume": 279005, "typical_volume": 199145.55, "trend": 0.6508, "fair_value": 1.288647, "relative_strength": -18.09881, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.845, "energy": 57.430838, "activity_lines": [ 0.585333, 0.617273, 0.665333, 0.665624 ] }, { "date": "2024-12-13", "close": 0.565, "volume": 132028, "typical_volume": 197618.45, "trend": 0.647967, "fair_value": 1.273359, "relative_strength": -15.716334, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.902005, "energy": 54.793098, "activity_lines": [ 0.573667, 0.601636, 0.653595, 0.660088 ] }, { "date": "2024-12-20", "close": 0.5, "volume": 199918, "typical_volume": 204569.25, "trend": 0.646633, "fair_value": 1.257013, "relative_strength": -22.424644, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.210161, "energy": 64.652504, "activity_lines": [ 0.545667, 0.578, 0.636071, 0.650542 ] }, { "date": "2024-12-27", "close": 0.52, "volume": 95800, "typical_volume": 206445.65, "trend": 0.6463, "fair_value": 1.240474, "relative_strength": -19.31032, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.118939, "energy": 70.58132, "activity_lines": [ 0.532667, 0.562091, 0.621024, 0.642372 ] }, { "date": "2025-01-03", "close": 0.575, "volume": 258828, "typical_volume": 199286.95, "trend": 0.647633, "fair_value": 1.224929, "relative_strength": -11.070077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.735912, "energy": 62.383142, "activity_lines": [ 0.543333, 0.559818, 0.611643, 0.637772 ] }, { "date": "2025-01-10", "close": 0.68, "volume": 281909, "typical_volume": 198124.8, "trend": 0.655833, "fair_value": 1.210442, "relative_strength": 4.959819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.927663, "energy": 24.722477, "activity_lines": [ 0.588333, 0.578273, 0.613452, 0.63986 ] }, { "date": "2025-01-17", "close": 0.67, "volume": 260001, "typical_volume": 192390.15, "trend": 0.657, "fair_value": 1.196212, "relative_strength": 0.138548, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.98082, "energy": 18.718328, "activity_lines": [ 0.622333, 0.593909, 0.614833, 0.640774 ] }, { "date": "2025-01-24", "close": 0.65, "volume": 197929, "typical_volume": 196517.55, "trend": 0.657833, "fair_value": 1.182365, "relative_strength": -4.417957, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.222977, "energy": 25.036535, "activity_lines": [ 0.642667, 0.605455, 0.615143, 0.640323 ] }, { "date": "2025-01-31", "close": 0.65, "volume": 86312, "typical_volume": 194321.6, "trend": 0.66, "fair_value": 1.168455, "relative_strength": -4.215886, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.405645, "energy": 23.674024, "activity_lines": [ 0.653, 0.616545, 0.616214, 0.639817 ] }, { "date": "2025-02-07", "close": 0.68, "volume": 193521, "typical_volume": 182174.2, "trend": 0.662667, "fair_value": 1.154417, "relative_strength": 1.504004, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 23.545838, "energy": 29.587344, "activity_lines": [ 0.664667, 0.632182, 0.620429, 0.641108 ] }, { "date": "2025-02-14", "close": 0.69, "volume": 23817, "typical_volume": 172604.3, "trend": 0.664833, "fair_value": 1.141981, "relative_strength": 0.221118, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.067736, "energy": 36.965356, "activity_lines": [ 0.672667, 0.647545, 0.625548, 0.642871 ] }, { "date": "2025-02-21", "close": 0.87, "volume": 345575, "typical_volume": 183794.85, "trend": 0.672167, "fair_value": 1.131917, "relative_strength": 25.497592, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.937061, "energy": 67.052537, "activity_lines": [ 0.74, 0.693364, 0.647976, 0.656108 ] }, { "date": "2025-02-28", "close": 0.815, "volume": 191903, "typical_volume": 189938.55, "trend": 0.678667, "fair_value": 1.1215, "relative_strength": 17.019351, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.043632, "energy": 65.451072, "activity_lines": [ 0.775667, 0.723636, 0.664714, 0.665323 ] }, { "date": "2025-03-07", "close": 0.815, "volume": 158286, "typical_volume": 194843.55, "trend": 0.6855, "fair_value": 1.110827, "relative_strength": 16.414481, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.116487, "energy": 69.232423, "activity_lines": [ 0.800333, 0.748182, 0.681024, 0.674118 ] }, { "date": "2025-03-14", "close": 1.1, "volume": 595980, "typical_volume": 215140.35, "trend": 0.694667, "fair_value": 1.102045, "relative_strength": 58.344245, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 91.430129, "energy": 85.712768, "activity_lines": [ 0.909, 0.819182, 0.724024, 0.70086 ] }, { "date": "2025-03-21", "close": 1.0, "volume": 353800, "typical_volume": 215907.55, "trend": 0.701667, "fair_value": 1.091788, "relative_strength": 45.97153, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.646462, "energy": 68.300407, "activity_lines": [ 0.956333, 0.862455, 0.755429, 0.720559 ] }, { "date": "2025-03-28", "close": 1.0, "volume": 231793, "typical_volume": 216968.75, "trend": 0.706833, "fair_value": 1.081596, "relative_strength": 49.804938, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.032465, "energy": 58.18321, "activity_lines": [ 0.983, 0.899909, 0.785048, 0.739806 ] }, { "date": "2025-04-04", "close": 0.985, "volume": 201383, "typical_volume": 223129.45, "trend": 0.712667, "fair_value": 1.072333, "relative_strength": 62.333717, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.070086, "energy": 53.800397, "activity_lines": [ 0.996, 0.928636, 0.811548, 0.757753 ] }, { "date": "2025-04-11", "close": 0.96, "volume": 640884, "typical_volume": 250850.0, "trend": 0.721, "fair_value": 1.062974, "relative_strength": 56.969247, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.580873, "energy": 43.038283, "activity_lines": [ 0.989333, 0.946727, 0.833952, 0.77371 ] }, { "date": "2025-04-18", "close": 0.975, "volume": 53244, "typical_volume": 239095.8, "trend": 0.731167, "fair_value": 1.054481, "relative_strength": 52.35362, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.200731, "energy": 37.755117, "activity_lines": [ 0.978, 0.961909, 0.856071, 0.790097 ] }, { "date": "2025-04-25", "close": 0.91, "volume": 145992, "typical_volume": 232445.15, "trend": 0.737333, "fair_value": 1.044994, "relative_strength": 36.900001, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.59049, "energy": 27.570781, "activity_lines": [ 0.953333, 0.959909, 0.870048, 0.801634 ] }, { "date": "2025-05-02", "close": 0.885, "volume": 105213, "typical_volume": 231104.4, "trend": 0.741, "fair_value": 1.035474, "relative_strength": 30.215717, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.812709, "energy": 21.337813, "activity_lines": [ 0.926333, 0.949364, 0.88, 0.811161 ] }, { "date": "2025-05-09", "close": 0.865, "volume": 13908, "typical_volume": 221803.9, "trend": 0.745667, "fair_value": 1.027173, "relative_strength": 27.091314, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.325469, "energy": 16.345685, "activity_lines": [ 0.900333, 0.934909, 0.886524, 0.819161 ] }, { "date": "2025-05-16", "close": 0.855, "volume": 52017, "typical_volume": 219614.75, "trend": 0.750167, "fair_value": 1.019705, "relative_strength": 20.209819, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.137815, "energy": 16.679278, "activity_lines": [ 0.879, 0.917727, 0.890357, 0.826215 ] }, { "date": "2025-05-23", "close": 0.915, "volume": 131119, "typical_volume": 213229.3, "trend": 0.7585, "fair_value": 1.012622, "relative_strength": 30.525163, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.561749, "energy": 16.020203, "activity_lines": [ 0.884667, 0.910727, 0.89831, 0.836849 ] }, { "date": "2025-05-30", "close": 0.845, "volume": 229147, "typical_volume": 210591.2, "trend": 0.765833, "fair_value": 1.004897, "relative_strength": 18.6541, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.352903, "energy": 11.56708, "activity_lines": [ 0.871, 0.894364, 0.897976, 0.84243 ] }, { "date": "2025-06-06", "close": 0.88, "volume": 306547, "typical_volume": 212918.5, "trend": 0.773667, "fair_value": 0.997718, "relative_strength": 21.136049, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.258022, "energy": 10.05913, "activity_lines": [ 0.873333, 0.887182, 0.90019, 0.849796 ] }, { "date": "2025-06-13", "close": 0.795, "volume": 384334, "typical_volume": 222238.75, "trend": 0.779333, "fair_value": 0.990506, "relative_strength": 11.049503, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.719709, "energy": 7.708135, "activity_lines": [ 0.847667, 0.866727, 0.89331, 0.851172 ] }, { "date": "2025-06-20", "close": 0.85, "volume": 708188, "typical_volume": 253332.55, "trend": 0.787667, "fair_value": 0.984417, "relative_strength": 18.549052, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.242646, "energy": 11.833829, "activity_lines": [ 0.845, 0.859727, 0.890976, 0.855731 ] }, { "date": "2025-06-27", "close": 0.93, "volume": 478574, "typical_volume": 267585.2, "trend": 0.799833, "fair_value": 0.977878, "relative_strength": 25.597644, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.992174, "energy": 14.002702, "activity_lines": [ 0.869333, 0.869273, 0.89531, 0.864914 ] }, { "date": "2025-07-04", "close": 1.11, "volume": 455164, "typical_volume": 289152.55, "trend": 0.818, "fair_value": 0.972974, "relative_strength": 47.483092, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.778954, "energy": 40.116876, "activity_lines": [ 0.952667, 0.912364, 0.915595, 0.884925 ] }, { "date": "2025-07-11", "close": 1.37, "volume": 754360, "typical_volume": 309591.8, "trend": 0.844833, "fair_value": 0.969962, "relative_strength": 76.193777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.873333, "energy": 82.191223, "activity_lines": [ 1.105, 0.999091, 0.958643, 0.920538 ] }, { "date": "2025-07-18", "close": 1.59, "volume": 1941116, "typical_volume": 397052.45, "trend": 0.881167, "fair_value": 0.968327, "relative_strength": 99.566564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.467049, "energy": 85.368876, "activity_lines": [ 1.298, 1.117, 1.020262, 0.968613 ] }, { "date": "2025-07-25", "close": 1.58, "volume": 318660, "typical_volume": 405071.15, "trend": 0.9165, "fair_value": 0.966756, "relative_strength": 89.646369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.979984, "energy": 87.874451, "activity_lines": [ 1.434667, 1.219909, 1.077238, 1.013699 ] }, { "date": "2025-08-01", "close": 1.56, "volume": 77508, "typical_volume": 379147.55, "trend": 0.949333, "fair_value": 0.965314, "relative_strength": 88.488661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.960275, "energy": 86.234543, "activity_lines": [ 1.516, 1.306, 1.128667, 1.055215 ] }, { "date": "2025-08-08", "close": 1.56, "volume": 107409, "typical_volume": 366828.0, "trend": 0.978667, "fair_value": 0.964288, "relative_strength": 79.747614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.464924, "energy": 79.196449, "activity_lines": [ 1.555333, 1.380364, 1.177905, 1.094613 ] }, { "date": "2025-08-15", "close": 1.52, "volume": 199211, "typical_volume": 365198.9, "trend": 1.007, "fair_value": 0.962622, "relative_strength": 70.183889, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.134957, "energy": 61.453057, "activity_lines": [ 1.551333, 1.434455, 1.220667, 1.129538 ] }, { "date": "2025-08-22", "close": 1.43, "volume": 499966, "typical_volume": 380128.05, "trend": 1.033, "fair_value": 0.959673, "relative_strength": 55.242123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.956495, "energy": 48.277015, "activity_lines": [ 1.507333, 1.460545, 1.252381, 1.156828 ] }, { "date": "2025-08-29", "close": 1.5, "volume": 368143, "typical_volume": 366491.0, "trend": 1.061333, "fair_value": 0.957141, "relative_strength": 64.518669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.902106, "energy": 42.368605, "activity_lines": [ 1.497333, 1.487818, 1.288643, 1.186957 ] }, { "date": "2025-09-05", "close": 1.48, "volume": 241551, "typical_volume": 375906.35, "trend": 1.088, "fair_value": 0.954962, "relative_strength": 60.164393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.026884, "energy": 33.633618, "activity_lines": [ 1.486, 1.499636, 1.320429, 1.213968 ] }, { "date": "2025-09-12", "close": 1.44, "volume": 38882, "typical_volume": 370550.85, "trend": 1.113, "fair_value": 0.952846, "relative_strength": 53.102377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.537557, "energy": 29.111197, "activity_lines": [ 1.466667, 1.494182, 1.346, 1.236677 ] }, { "date": "2025-09-19", "close": 1.59, "volume": 514817, "typical_volume": 391031.05, "trend": 1.137, "fair_value": 0.952814, "relative_strength": 65.305705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.335084, "energy": 32.128078, "activity_lines": [ 1.505333, 1.51, 1.383333, 1.267452 ] }, { "date": "2025-09-26", "close": 1.77, "volume": 386807, "typical_volume": 409676.0, "trend": 1.168833, "fair_value": 0.951372, "relative_strength": 80.377341, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.114168, "energy": 41.841727, "activity_lines": [ 1.599333, 1.554545, 1.434452, 1.30829 ] }, { "date": "2025-10-03", "close": 1.67, "volume": 715935, "typical_volume": 442871.9, "trend": 1.197333, "fair_value": 0.951083, "relative_strength": 62.282604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.070958, "energy": 40.698724, "activity_lines": [ 1.637333, 1.577636, 1.471738, 1.340624 ] }, { "date": "2025-10-10", "close": 1.52, "volume": 546108, "typical_volume": 463621.35, "trend": 1.211333, "fair_value": 0.949288, "relative_strength": 46.771751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.063668, "energy": 37.726302, "activity_lines": [ 1.614, 1.571818, 1.490857, 1.361441 ] }, { "date": "2025-10-17", "close": 1.51, "volume": 216046, "typical_volume": 462966.3, "trend": 1.228333, "fair_value": 0.947718, "relative_strength": 44.096476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.062098, "energy": 38.992081, "activity_lines": [ 1.584667, 1.564909, 1.506143, 1.38071 ] }, { "date": "2025-10-24", "close": 1.42, "volume": 240137, "typical_volume": 459645.8, "trend": 1.242333, "fair_value": 0.945635, "relative_strength": 29.724091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.577248, "energy": 20.611765, "activity_lines": [ 1.520667, 1.542545, 1.50969, 1.393075 ] }, { "date": "2025-10-31", "close": 1.51, "volume": 356146, "typical_volume": 458236.4, "trend": 1.259833, "fair_value": 0.945314, "relative_strength": 36.914383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.401481, "energy": 17.372656, "activity_lines": [ 1.498, 1.538364, 1.519238, 1.410344 ] }, { "date": "2025-11-07", "close": 1.4, "volume": 160098, "typical_volume": 430831.9, "trend": 1.2745, "fair_value": 0.944769, "relative_strength": 26.924557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.567585, "energy": 12.443477, "activity_lines": [ 1.456, 1.512727, 1.514905, 1.419387 ] }, { "date": "2025-11-14", "close": 1.47, "volume": 247701, "typical_volume": 419288.25, "trend": 1.291, "fair_value": 0.945442, "relative_strength": 30.345275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.193797, "energy": 11.913348, "activity_lines": [ 1.455333, 1.501636, 1.514619, 1.432 ] }, { "date": "2025-11-21", "close": 1.46, "volume": 188712, "typical_volume": 405965.65, "trend": 1.309333, "fair_value": 0.946115, "relative_strength": 30.376713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.334036, "energy": 9.736068, "activity_lines": [ 1.454667, 1.488909, 1.51081, 1.442903 ] }, { "date": "2025-11-28", "close": 1.45, "volume": 212241, "typical_volume": 378859.7, "trend": 1.328167, "fair_value": 0.946436, "relative_strength": 23.68337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.960872, "energy": 8.799677, "activity_lines": [ 1.454, 1.474, 1.504381, 1.451978 ] }, { "date": "2025-12-05", "close": 1.33, "volume": 134511, "typical_volume": 288529.45, "trend": 1.343667, "fair_value": 0.946468, "relative_strength": 10.601521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.923317, "energy": 6.544109, "activity_lines": [ 1.411333, 1.439818, 1.486143, 1.452097 ] }, { "date": "2025-12-12", "close": 1.33, "volume": 273746, "typical_volume": 286283.75, "trend": 1.3595, "fair_value": 0.945282, "relative_strength": 9.580913, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.632635, "energy": 9.022464, "activity_lines": [ 1.380667, 1.413636, 1.469143, 1.451215 ] }, { "date": "2025-12-19", "close": 1.33, "volume": 61230, "typical_volume": 285469.85, "trend": 1.373333, "fair_value": 0.945378, "relative_strength": 7.520907, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.390554, "energy": 21.601133, "activity_lines": [ 1.354667, 1.393636, 1.453333, 1.449312 ] }, { "date": "2025-12-26", "close": 1.29, "volume": 177260, "typical_volume": 288962.4, "trend": 1.388167, "fair_value": 0.944737, "relative_strength": 2.892172, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.643551, "energy": 36.748964, "activity_lines": [ 1.324667, 1.369818, 1.43481, 1.443935 ] }, { "date": "2026-01-02", "close": 1.34, "volume": 100884, "typical_volume": 284046.05, "trend": 1.4035, "fair_value": 0.944321, "relative_strength": 4.609969, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.418996, "energy": 31.940588, "activity_lines": [ 1.322667, 1.359091, 1.422333, 1.440828 ] }, { "date": "2026-01-09", "close": 1.48, "volume": 162339, "typical_volume": 267164.7, "trend": 1.426333, "fair_value": 0.944513, "relative_strength": 10.817736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.369188, "energy": 11.002751, "activity_lines": [ 1.374667, 1.375273, 1.424048, 1.445763 ] }, { "date": "2026-01-16", "close": 1.38, "volume": 516627, "typical_volume": 274588.9, "trend": 1.444, "fair_value": 0.944032, "relative_strength": 0.286408, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.882925, "energy": 15.449227, "activity_lines": [ 1.383333, 1.373818, 1.416, 1.442774 ] }, { "date": "2026-01-23", "close": 1.3, "volume": 305329, "typical_volume": 277777.8, "trend": 1.456333, "fair_value": 0.943455, "relative_strength": -5.48346, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.853849, "energy": 17.970279, "activity_lines": [ 1.362, 1.358182, 1.400905, 1.433484 ] }, { "date": "2026-01-30", "close": 1.29, "volume": 104633, "typical_volume": 281065.35, "trend": 1.462333, "fair_value": 0.941468, "relative_strength": -7.32544, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.184636, "energy": 23.738928, "activity_lines": [ 1.339333, 1.343818, 1.385714, 1.422753 ] }, { "date": "2026-02-06", "close": 1.22, "volume": 321992, "typical_volume": 271424.1, "trend": 1.457333, "fair_value": 0.93916, "relative_strength": -15.462584, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.082795, "energy": 42.404474, "activity_lines": [ 1.293333, 1.319818, 1.364571, 1.407118 ] }, { "date": "2026-02-13", "close": 1.41, "volume": 416911, "typical_volume": 272929.3, "trend": 1.451333, "fair_value": 0.939545, "relative_strength": -3.073331, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.314223, "energy": 29.756802, "activity_lines": [ 1.318667, 1.334545, 1.363286, 1.404065 ] }, { "date": "2026-02-20", "close": 1.55, "volume": 1287970, "typical_volume": 301531.05, "trend": 1.450333, "fair_value": 0.940603, "relative_strength": 3.797871, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.984393, "energy": 6.993007, "activity_lines": [ 1.395333, 1.373273, 1.377048, 1.41043 ] }, { "date": "2026-02-27", "close": 1.36, "volume": 449276, "typical_volume": 296689.45, "trend": 1.443667, "fair_value": 0.940571, "relative_strength": -10.570957, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.380789, "energy": 10.306709, "activity_lines": [ 1.397333, 1.373455, 1.373286, 1.404602 ] }, { "date": "2026-03-06", "close": 1.33, "volume": 250589, "typical_volume": 298416.6, "trend": 1.436, "fair_value": 0.940667, "relative_strength": -7.76478, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.846936, "energy": 13.178893, "activity_lines": [ 1.385333, 1.367636, 1.367429, 1.397269 ] }, { "date": "2026-03-13", "close": 1.25, "volume": 330895, "typical_volume": 302954.5, "trend": 1.427, "fair_value": 0.940314, "relative_strength": -12.75745, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.242847, "energy": 19.011815, "activity_lines": [ 1.344, 1.346545, 1.35481, 1.385269 ] }, { "date": "2026-03-20", "close": 1.19, "volume": 75970, "typical_volume": 288945.7, "trend": 1.419, "fair_value": 0.939032, "relative_strength": -12.603583, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.32634, "energy": 39.185194, "activity_lines": [ 1.280667, 1.316182, 1.337286, 1.369978 ] }, { "date": "2026-03-27", "close": 1.16, "volume": 85135, "typical_volume": 285197.55, "trend": 1.407667, "fair_value": 0.937173, "relative_strength": -14.824448, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.776713, "energy": 51.071932, "activity_lines": [ 1.222, 1.285636, 1.318429, 1.353269 ] }, { "date": "2026-04-03", "close": 1.22, "volume": 238182, "typical_volume": 284721.6, "trend": 1.399, "fair_value": 0.935314, "relative_strength": -13.425369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.335542, "energy": 50.422051, "activity_lines": [ 1.209333, 1.27, 1.306429, 1.341161 ] }, { "date": "2026-04-10", "close": 1.42, "volume": 159880, "typical_volume": 283280.0, "trend": 1.398333, "fair_value": 0.934481, "relative_strength": -4.041861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.695532, "energy": 30.606763, "activity_lines": [ 1.272667, 1.292182, 1.314667, 1.342516 ] }, { "date": "2026-04-17", "close": 1.33, "volume": 62238, "typical_volume": 275779.85, "trend": 1.389667, "fair_value": 0.933615, "relative_strength": -12.178152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.087333, "energy": 15.401194, "activity_lines": [ 1.3, 1.295636, 1.314524, 1.338108 ] }, { "date": "2026-04-24", "close": 1.31, "volume": 153124, "typical_volume": 276710.5, "trend": 1.374333, "fair_value": 0.933615, "relative_strength": -11.407956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.639858, "energy": 14.555145, "activity_lines": [ 1.315333, 1.293455, 1.313048, 1.332968 ] }, { "date": "2026-05-01", "close": 1.34, "volume": 468295, "typical_volume": 286437.95, "trend": 1.363333, "fair_value": 0.935571, "relative_strength": -8.466878, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.870562, "energy": 14.762827, "activity_lines": [ 1.332667, 1.298545, 1.314524, 1.330753 ] }, { "date": "2026-05-08", "close": 1.29, "volume": 190680, "typical_volume": 292910.45, "trend": 1.355667, "fair_value": 0.937077, "relative_strength": -12.494595, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.951322, "energy": 12.216996, "activity_lines": [ 1.321333, 1.298364, 1.31119, 1.326022 ] }, { "date": "2026-05-15", "close": 1.305, "volume": 105022, "typical_volume": 289298.55, "trend": 1.348833, "fair_value": 0.939237, "relative_strength": -10.726523, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.809114, "energy": 10.628266, "activity_lines": [ 1.310333, 1.302182, 1.309476, 1.322753 ] }, { "date": "2026-05-22", "close": 1.29, "volume": 134964, "typical_volume": 291002.55, "trend": 1.3445, "fair_value": 0.941327, "relative_strength": -14.968701, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.256392, "energy": 16.780938, "activity_lines": [ 1.302, 1.303727, 1.306262, 1.318957 ] }, { "date": "2026-05-29", "close": 1.29, "volume": 141426, "typical_volume": 289956.9, "trend": 1.337167, "fair_value": 0.943737, "relative_strength": -14.996766, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.674702, "energy": 16.384789, "activity_lines": [ 1.296333, 1.304545, 1.303286, 1.315441 ] }, { "date": "2026-06-05", "close": 1.24, "volume": 2000, "typical_volume": 264225.55, "trend": 1.331833, "fair_value": 0.945981, "relative_strength": -17.882446, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.613261, "energy": 30.30302, "activity_lines": [ 1.275333, 1.294455, 1.296452, 1.309172 ] }, { "date": "2026-06-12", "close": 1.215, "volume": 47707, "typical_volume": 251344.45, "trend": 1.323333, "fair_value": 0.948064, "relative_strength": -19.678514, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.879423, "energy": 44.058927, "activity_lines": [ 1.252667, 1.278364, 1.287905, 1.301634 ] }, { "date": "2026-06-19", "close": 1.2, "volume": 73808, "typical_volume": 249803.2, "trend": 1.314667, "fair_value": 0.950077, "relative_strength": -22.386801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.415155, "energy": 51.833546, "activity_lines": [ 1.23, 1.259636, 1.278333, 1.293677 ] }, { "date": "2026-06-26", "close": 1.17, "volume": 14388, "typical_volume": 234423.0, "trend": 1.305333, "fair_value": 0.951423, "relative_strength": -23.724851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.260293, "energy": 60.969123, "activity_lines": [ 1.204333, 1.239455, 1.266333, 1.284344 ] }, { "date": "2026-07-03", "close": 1.21, "volume": 10767, "typical_volume": 214115.8, "trend": 1.301333, "fair_value": 0.953346, "relative_strength": -23.178155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.971923, "energy": 57.704761, "activity_lines": [ 1.2, 1.229455, 1.258381, 1.278194 ] }, { "date": "2026-07-10", "close": 1.195, "volume": 9241, "typical_volume": 150179.35, "trend": 1.296833, "fair_value": 0.955635, "relative_strength": -21.975265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.579608, "energy": 59.076278, "activity_lines": [ 1.196, 1.218545, 1.249952, 1.271333 ] }, { "date": "2026-07-17", "close": 1.075, "volume": 188693, "typical_volume": 137150.2, "trend": 1.288333, "fair_value": 0.957192, "relative_strength": -28.313799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.805327, "energy": 70.860885, "activity_lines": [ 1.155, 1.188455, 1.231786, 1.257022 ] }, { "date": "2026-07-24", "close": 0.94, "volume": 820950, "typical_volume": 165668.25, "trend": 1.276667, "fair_value": 0.957769, "relative_strength": -37.561036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.663094, "energy": 81.190013, "activity_lines": [ 1.078333, 1.137727, 1.202119, 1.234548 ] }, { "date": "2026-07-31", "close": 0.914, "volume": 120382, "typical_volume": 155142.6, "trend": 1.262467, "fair_value": 0.957987, "relative_strength": -39.343903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.348295, "energy": 90.234941, "activity_lines": [ 1.010333, 1.088909, 1.171833, 1.211151 ] }, { "date": "2026-08-07", "close": 0.938, "volume": 167708, "typical_volume": 159729.5, "trend": 1.2444, "fair_value": 0.958513, "relative_strength": -38.170677, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.433846, "energy": 88.927357, "activity_lines": [ 0.9674, 1.051291, 1.145433, 1.190217 ] } ], "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." } } }