{ "ticker": { "uuid": "9feac636-96f2-4cb4-9ae2-979e66131a4b", "symbol": "OCGN", "name": "Ocugen, Inc.", "exchange": "MEX", "country": "MX", "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": "^MXX", "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": -71.894, "architecture_energy": 87.264, "architecture_maturity": 29.038, "architecture_confidence": 96, "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": 20.04, "rotation_up": 16.99, "upward_expansion": 21.65, "deceleration": 37.13, "rotation_down": 69.17, "downward_expansion": 94.99 }, "activity_lines": [ 21.892666, 22.772182, 23.875571, 25.738366 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 21.5, "trend_reference": 27.318, "distance_from_trend": -0.212973, "trend_direction": "Weakening", "fair_value": 20.230897, "distance_from_fair_value": 0.062731, "fair_value_direction": "Weakening", "relative_strength": -19.934543, "relative_strength_direction": "Weakening", "price_momentum": -0.139656, "excess_performance": -0.084989, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.212973, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.016713, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.062731, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.286542, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.199345, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.125345, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.139656, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.292962, "read": "Supply-led" } ], "volume": { "latest": 282, "relative_activity": 0.324492, "balance": 0.292962, "dry_up": 1.388298, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.074275, "annualized_volatility": 0.692211, "from_high_reference": -0.527473, "from_low_reference": 0.168478 }, "levels": { "trend_reference": 27.318, "fair_value_reference": 20.230897, "structural_low": 20.68, "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": 23, "median_return": -0.106383, "positive_rate": 0.391304, "directional_follow_through": 0.565217, "median_excess_return": -0.085951, "regime_survival": 0.913043, "best_return": 0.489051, "worst_return": -0.407407, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.153235, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.168904, "regime_survival": 0.75, "best_return": 1.537226, "worst_return": -0.470195, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.279706, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.265885, "regime_survival": 0.6, "best_return": 2.861314, "worst_return": -0.683, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.333333, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.079703, "regime_survival": 0.666667, "best_return": 1.518248, "worst_return": -0.771667, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-23", "tenure": "Developing", "return": -0.223871, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-30", "end": "2024-09-06", "tenure": "New", "return": -0.113077, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-13", "end": "2024-10-04", "tenure": "New", "return": -0.167083, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-11", "end": "2025-05-16", "tenure": "Extended", "return": -0.24, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.103125, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.097222, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-22", "tenure": "Developing", "return": 0.091758, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": 0.320225, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": -0.225806, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-16", "tenure": "Developing", "return": 0.118827, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-04-17", "tenure": "Established", "return": 0.157895, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-24", "end": "2026-05-22", "tenure": "Developing", "return": -0.171329, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": -0.019892, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.179389, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.59, "volume": 168, "typical_volume": 1039.5, "trend": 13.684, "fair_value": 65.365826, "relative_strength": -67.695316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.978948, "energy": 70.98229, "activity_lines": [ 8.940667, 9.312182, 9.743905, 11.216602 ] }, { "date": "2023-08-25", "close": 7.5, "volume": 740, "typical_volume": 1076.5, "trend": 13.167333, "fair_value": 64.866983, "relative_strength": -66.540886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.078326, "energy": 86.770432, "activity_lines": [ 8.286667, 8.960909, 9.423095, 10.817634 ] }, { "date": "2023-09-01", "close": 7.5, "volume": 842, "typical_volume": 1113.55, "trend": 12.590667, "fair_value": 64.376666, "relative_strength": -64.901919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.946627, "energy": 91.441016, "activity_lines": [ 7.866, 8.646182, 9.147524, 10.452 ] }, { "date": "2023-09-08", "close": 7.4, "volume": 961, "typical_volume": 1160.75, "trend": 12.137333, "fair_value": 63.893813, "relative_strength": -63.486069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.776871, "energy": 90.419715, "activity_lines": [ 7.578667, 8.349636, 8.898143, 10.117118 ] }, { "date": "2023-09-15", "close": 7.11, "volume": 1615, "typical_volume": 1216.4, "trend": 11.731, "fair_value": 63.416638, "relative_strength": -62.635354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.495165, "energy": 91.260724, "activity_lines": [ 7.349333, 8.029455, 8.65781, 9.792774 ] }, { "date": "2023-09-22", "close": 7.2, "volume": 10, "typical_volume": 1216.9, "trend": 11.354333, "fair_value": 62.948166, "relative_strength": -61.048389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.830019, "energy": 68.99595, "activity_lines": [ 7.276, 7.76, 8.456476, 9.500452 ] }, { "date": "2023-09-29", "close": 7.22, "volume": 40, "typical_volume": 1218.9, "trend": 10.978333, "fair_value": 62.487603, "relative_strength": -58.879138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.60215, "energy": 67.720238, "activity_lines": [ 7.235333, 7.545091, 8.287048, 9.23372 ] }, { "date": "2023-10-06", "close": 7.5, "volume": 470, "typical_volume": 1085.45, "trend": 10.695, "fair_value": 62.036885, "relative_strength": -54.694066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.668891, "energy": 64.838108, "activity_lines": [ 7.306667, 7.449818, 8.17419, 9.009312 ] }, { "date": "2023-10-13", "close": 7.5, "volume": 0, "typical_volume": 1018.75, "trend": 10.346667, "fair_value": 61.593496, "relative_strength": -52.930936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.5927, "energy": 62.527763, "activity_lines": [ 7.378, 7.4, 8.080619, 8.803183 ] }, { "date": "2023-10-20", "close": 7.2, "volume": 1201, "typical_volume": 1059.85, "trend": 10.016667, "fair_value": 61.154838, "relative_strength": -52.1708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.704963, "energy": 59.742713, "activity_lines": [ 7.342667, 7.336, 7.960381, 8.600172 ] }, { "date": "2023-10-27", "close": 7.2, "volume": 0, "typical_volume": 1040.8, "trend": 9.69, "fair_value": 60.7232, "relative_strength": -51.147116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.144238, "energy": 63.845117, "activity_lines": [ 7.301333, 7.304727, 7.843952, 8.418452 ] }, { "date": "2023-11-03", "close": 6.5, "volume": 6, "typical_volume": 813.85, "trend": 9.34, "fair_value": 60.292857, "relative_strength": -56.544506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.802483, "energy": 87.370423, "activity_lines": [ 7.026667, 7.153273, 7.664667, 8.212645 ] }, { "date": "2023-11-10", "close": 6.5, "volume": 1888, "typical_volume": 899.75, "trend": 9.056667, "fair_value": 59.869291, "relative_strength": -55.177758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.238937, "energy": 92.940063, "activity_lines": [ 6.8, 7.02, 7.499714, 8.029419 ] }, { "date": "2023-11-17", "close": 6.05, "volume": 12, "typical_volume": 860.75, "trend": 8.755, "fair_value": 59.448828, "relative_strength": -57.891135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.737498, "energy": 97.651144, "activity_lines": [ 6.49, 6.823091, 7.30619, 7.835441 ] }, { "date": "2023-11-24", "close": 6.85, "volume": 93, "typical_volume": 861.45, "trend": 8.533333, "fair_value": 59.041085, "relative_strength": -50.970994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.489613, "energy": 88.411174, "activity_lines": [ 6.543333, 6.796182, 7.202905, 7.712538 ] }, { "date": "2023-12-01", "close": 6.85, "volume": 0, "typical_volume": 716.75, "trend": 8.311667, "fair_value": 58.639615, "relative_strength": -50.160726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.980336, "energy": 86.55319, "activity_lines": [ 6.62, 6.774, 7.109857, 7.603935 ] }, { "date": "2023-12-08", "close": 6.85, "volume": 0, "typical_volume": 682.9, "trend": 8.09, "fair_value": 58.244275, "relative_strength": -49.031047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.275859, "energy": 71.380749, "activity_lines": [ 6.72, 6.758182, 7.03181, 7.509634 ] }, { "date": "2023-12-15", "close": 6.85, "volume": 40, "typical_volume": 512.55, "trend": 7.933333, "fair_value": 57.854924, "relative_strength": -49.571023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.165103, "energy": 53.785632, "activity_lines": [ 6.796667, 6.749091, 6.973524, 7.429634 ] }, { "date": "2023-12-22", "close": 6.72, "volume": 2792, "typical_volume": 556.05, "trend": 7.894, "fair_value": 57.470451, "relative_strength": -49.051194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.26993, "energy": 52.385412, "activity_lines": [ 6.806667, 6.728182, 6.917857, 7.351355 ] }, { "date": "2023-12-29", "close": 10.0, "volume": 1878, "typical_volume": 637.8, "trend": 7.960667, "fair_value": 57.116194, "relative_strength": -21.915967, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 30.595745, "energy": 44.615445, "activity_lines": [ 7.865333, 7.317818, 7.188857, 7.487226 ] }, { "date": "2024-01-05", "close": 11.0, "volume": 9212, "typical_volume": 1090.0, "trend": 8.060667, "fair_value": 56.774592, "relative_strength": -10.054815, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.373801, "energy": 64.182546, "activity_lines": [ 9.047333, 8.038364, 7.550333, 7.683312 ] }, { "date": "2024-01-12", "close": 10.2, "volume": 3574, "typical_volume": 1231.7, "trend": 8.083667, "fair_value": 56.432132, "relative_strength": -13.773446, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.456361, "energy": 60.284395, "activity_lines": [ 9.686, 8.544364, 7.819381, 7.821333 ] }, { "date": "2024-01-19", "close": 10.1, "volume": 156, "typical_volume": 1197.4, "trend": 8.103667, "fair_value": 56.093941, "relative_strength": -12.297093, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.04483, "energy": 65.6462, "activity_lines": [ 10.068, 8.964909, 8.066048, 7.951419 ] }, { "date": "2024-01-26", "close": 9.1, "volume": 9, "typical_volume": 1149.8, "trend": 8.107, "fair_value": 55.753406, "relative_strength": -21.03144, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.503995, "energy": 77.415577, "activity_lines": [ 9.9, 9.138182, 8.205095, 8.015699 ] }, { "date": "2024-02-02", "close": 9.9, "volume": 2527, "typical_volume": 1195.4, "trend": 8.137, "fair_value": 55.423525, "relative_strength": -13.748219, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.959788, "energy": 56.817307, "activity_lines": [ 9.84, 9.401455, 8.412238, 8.131376 ] }, { "date": "2024-02-09", "close": 9.0, "volume": 207, "typical_volume": 1205.25, "trend": 8.103667, "fair_value": 55.091928, "relative_strength": -18.424315, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.432308, "energy": 49.900446, "activity_lines": [ 9.486667, 9.445636, 8.520381, 8.187054 ] }, { "date": "2024-02-16", "close": 12.0, "volume": 2692, "typical_volume": 1337.85, "trend": 8.137, "fair_value": 54.786312, "relative_strength": 10.786462, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.935796, "energy": 63.275766, "activity_lines": [ 10.266667, 9.996182, 8.905667, 8.43843 ] }, { "date": "2024-02-23", "close": 16.93, "volume": 1756, "typical_volume": 1402.15, "trend": 8.368, "fair_value": 54.519718, "relative_strength": 58.445243, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.103728, "energy": 75.690274, "activity_lines": [ 12.57, 11.349455, 9.737714, 9.00572 ] }, { "date": "2024-03-01", "close": 15.98, "volume": 39948, "typical_volume": 3399.55, "trend": 8.576667, "fair_value": 54.25021, "relative_strength": 53.419917, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.951861, "energy": 89.148236, "activity_lines": [ 14.101333, 12.346727, 10.434381, 9.496817 ] }, { "date": "2024-03-08", "close": 14.0, "volume": 37532, "typical_volume": 5216.1, "trend": 8.743333, "fair_value": 53.970694, "relative_strength": 36.554419, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.610011, "energy": 86.604359, "activity_lines": [ 14.514, 12.815636, 10.902095, 9.84671 ] }, { "date": "2024-03-15", "close": 17.379999, "volume": 5621, "typical_volume": 5497.15, "trend": 9.069667, "fair_value": 53.718345, "relative_strength": 66.252927, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.814645, "energy": 91.203542, "activity_lines": [ 15.78, 13.826363, 11.659333, 10.403914 ] }, { "date": "2024-03-22", "close": 23.200001, "volume": 60516, "typical_volume": 8522.65, "trend": 9.593, "fair_value": 53.509315, "relative_strength": 118.489078, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.961059, "energy": 91.641196, "activity_lines": [ 18.427333, 15.779273, 12.922381, 11.315548 ] }, { "date": "2024-03-29", "close": 27.4, "volume": 26788, "typical_volume": 9767.65, "trend": 10.256333, "fair_value": 53.3317, "relative_strength": 150.465483, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.219386, "energy": 88.937209, "activity_lines": [ 21.728, 18.259455, 14.505905, 12.464387 ] }, { "date": "2024-04-05", "close": 23.0, "volume": 12851, "typical_volume": 10409.6, "trend": 10.776333, "fair_value": 53.126757, "relative_strength": 106.002889, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.154015, "energy": 81.780617, "activity_lines": [ 22.864, 19.625091, 15.570857, 13.286559 ] }, { "date": "2024-04-12", "close": 27.709999, "volume": 6858, "typical_volume": 10747.85, "trend": 11.463, "fair_value": 52.956174, "relative_strength": 149.532259, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.447022, "energy": 79.272199, "activity_lines": [ 25.102, 21.594363, 17.003667, 14.379054 ] }, { "date": "2024-04-19", "close": 23.9, "volume": 1563, "typical_volume": 10826.0, "trend": 12.019667, "fair_value": 52.762466, "relative_strength": 114.794048, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.342026, "energy": 66.534934, "activity_lines": [ 25.156, 22.547091, 17.974286, 15.181441 ] }, { "date": "2024-04-26", "close": 20.200001, "volume": 4821, "typical_volume": 11067.05, "trend": 12.452333, "fair_value": 52.546821, "relative_strength": 73.605187, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.734661, "energy": 54.270639, "activity_lines": [ 23.542, 22.556182, 18.511333, 15.709204 ] }, { "date": "2024-05-03", "close": 23.450001, "volume": 2573, "typical_volume": 11193.7, "trend": 12.984, "fair_value": 52.355395, "relative_strength": 100.839198, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.788938, "energy": 48.272333, "activity_lines": [ 23.211334, 23.007091, 19.294333, 16.418731 ] }, { "date": "2024-05-10", "close": 29.15, "volume": 1885, "typical_volume": 11148.35, "trend": 13.705667, "fair_value": 52.203725, "relative_strength": 141.248466, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.407654, "energy": 51.75437, "activity_lines": [ 25.044, 24.375818, 20.541143, 17.461699 ] }, { "date": "2024-05-17", "close": 33.0, "volume": 3734, "typical_volume": 11241.15, "trend": 14.565667, "fair_value": 52.079026, "relative_strength": 164.979824, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.07198, "energy": 58.709217, "activity_lines": [ 27.75, 26.205091, 22.04781, 18.706495 ] }, { "date": "2024-05-24", "close": 28.549999, "volume": 477, "typical_volume": 10804.4, "trend": 15.277333, "fair_value": 51.927226, "relative_strength": 130.657034, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.091322, "energy": 57.119281, "activity_lines": [ 28.62, 26.879818, 23.021143, 19.60871 ] }, { "date": "2024-05-31", "close": 28.0, "volume": 952, "typical_volume": 10673.3, "trend": 15.994, "fair_value": 51.773846, "relative_strength": 120.395541, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.136064, "energy": 65.88256, "activity_lines": [ 28.996666, 27.251455, 23.858524, 20.429527 ] }, { "date": "2024-06-07", "close": 30.0, "volume": 1552, "typical_volume": 10743.1, "trend": 16.777333, "fair_value": 51.143525, "relative_strength": 137.626178, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.469337, "energy": 57.940115, "activity_lines": [ 29.52, 27.899455, 24.801619, 21.33314 ] }, { "date": "2024-06-14", "close": 26.450001, "volume": 1057, "typical_volume": 10795.5, "trend": 17.457333, "fair_value": 50.434872, "relative_strength": 106.97045, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.700489, "energy": 42.065002, "activity_lines": [ 28.423334, 27.854727, 25.311857, 21.957183 ] }, { "date": "2024-06-21", "close": 23.85, "volume": 1171, "typical_volume": 10727.7, "trend": 18.024, "fair_value": 49.562756, "relative_strength": 80.738521, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.301438, "energy": 28.329538, "activity_lines": [ 26.64, 27.274546, 25.491857, 22.369613 ] }, { "date": "2024-06-28", "close": 27.0, "volume": 654, "typical_volume": 10750.05, "trend": 18.695667, "fair_value": 48.806346, "relative_strength": 100.618012, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.385021, "energy": 25.190505, "activity_lines": [ 26.516667, 27.337273, 25.905429, 22.94871 ] }, { "date": "2024-07-05", "close": 29.620001, "volume": 409, "typical_volume": 10635.9, "trend": 19.454667, "fair_value": 48.0475, "relative_strength": 114.13229, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.063439, "energy": 28.242808, "activity_lines": [ 27.37, 27.82, 26.48281, 23.653505 ] }, { "date": "2024-07-12", "close": 31.6, "volume": 5410, "typical_volume": 10818.6, "trend": 20.279667, "fair_value": 47.403846, "relative_strength": 111.566167, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.662312, "energy": 44.229819, "activity_lines": [ 28.775334, 28.491455, 27.164857, 24.437075 ] }, { "date": "2024-07-19", "close": 31.0, "volume": 501, "typical_volume": 8846.25, "trend": 21.089, "fair_value": 46.660256, "relative_strength": 107.01858, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.212774, "energy": 63.339038, "activity_lines": [ 29.874, 28.905637, 27.719905, 25.12871 ] }, { "date": "2024-07-26", "close": 30.25, "volume": 2252, "typical_volume": 7082.25, "trend": 21.764, "fair_value": 45.969551, "relative_strength": 99.910803, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.374287, "energy": 68.232096, "activity_lines": [ 30.419333, 29.149818, 28.132, 25.719742 ] }, { "date": "2024-08-02", "close": 24.549999, "volume": 4241, "typical_volume": 7013.25, "trend": 22.215667, "fair_value": 45.072436, "relative_strength": 60.902989, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.471825, "energy": 33.213644, "activity_lines": [ 28.638, 28.407636, 27.923857, 25.899484 ] }, { "date": "2024-08-09", "close": 26.0, "volume": 17038, "typical_volume": 4839.35, "trend": 22.742333, "fair_value": 44.248718, "relative_strength": 64.333323, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.123488, "energy": 17.729099, "activity_lines": [ 27.503333, 28.001818, 27.819667, 26.143634 ] }, { "date": "2024-08-16", "close": 24.48, "volume": 626, "typical_volume": 3531.25, "trend": 23.221667, "fair_value": 43.508205, "relative_strength": 48.799088, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -2.125945, "energy": 15.704317, "activity_lines": [ 26.103333, 27.356, 27.557381, 26.255742 ] }, { "date": "2024-08-23", "close": 24.059999, "volume": 234, "typical_volume": 2900.4, "trend": 23.720333, "fair_value": 42.667564, "relative_strength": 45.03567, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -8.997908, "energy": 28.534888, "activity_lines": [ 25.038, 26.734182, 27.269, 26.309828 ] }, { "date": "2024-08-30", "close": 26.0, "volume": 8734, "typical_volume": 2994.2, "trend": 24.257, "fair_value": 41.859872, "relative_strength": 55.07255, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.094288, "energy": 20.387971, "activity_lines": [ 25.082, 26.508545, 27.160333, 26.456903 ] }, { "date": "2024-09-06", "close": 23.059999, "volume": 1107, "typical_volume": 2971.4, "trend": 24.725667, "fair_value": 41.065385, "relative_strength": 39.82982, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.199297, "energy": 45.901638, "activity_lines": [ 24.429333, 25.709272, 26.779809, 26.379677 ] }, { "date": "2024-09-13", "close": 24.0, "volume": 35, "typical_volume": 2732.1, "trend": 25.125667, "fair_value": 40.270513, "relative_strength": 40.220927, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.124197, "energy": 45.09407, "activity_lines": [ 24.189333, 25.152545, 26.492809, 26.33286 ] }, { "date": "2024-09-20", "close": 22.08, "volume": 2005, "typical_volume": 2703.7, "trend": 25.297333, "fair_value": 39.38641, "relative_strength": 26.476719, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.752585, "energy": 51.042482, "activity_lines": [ 23.442666, 24.348909, 26.004857, 26.136366 ] }, { "date": "2024-09-27", "close": 23.0, "volume": 563, "typical_volume": 2637.6, "trend": 25.531333, "fair_value": 38.609487, "relative_strength": 28.115083, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.347858, "energy": 59.349962, "activity_lines": [ 23.162667, 23.885636, 25.611047, 25.98815 ] }, { "date": "2024-10-04", "close": 19.99, "volume": 11, "typical_volume": 2451.45, "trend": 25.731, "fair_value": 37.737628, "relative_strength": 10.27745, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.140183, "energy": 83.452323, "activity_lines": [ 21.95, 23.020545, 24.959857, 25.630645 ] }, { "date": "2024-10-11", "close": 20.0, "volume": 84, "typical_volume": 2431.8, "trend": 25.818333, "fair_value": 36.73141, "relative_strength": 9.380627, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.212023, "energy": 88.683013, "activity_lines": [ 21.141333, 22.343818, 24.371571, 25.260903 ] }, { "date": "2024-10-18", "close": 18.99, "volume": 1040, "typical_volume": 2436.2, "trend": 25.678, "fair_value": 35.84032, "relative_strength": 1.451275, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.009935, "energy": 90.910989, "activity_lines": [ 20.2, 21.566182, 23.727809, 24.820366 ] }, { "date": "2024-10-25", "close": 18.9, "volume": 153, "typical_volume": 2366.25, "trend": 25.394667, "fair_value": 34.397308, "relative_strength": 2.180968, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.703963, "energy": 89.68047, "activity_lines": [ 19.562667, 20.899636, 23.118381, 24.383075 ] }, { "date": "2024-11-01", "close": 18.5, "volume": 26, "typical_volume": 2314.7, "trend": 25.244667, "fair_value": 33.176154, "relative_strength": 1.016121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.858802, "energy": 90.633013, "activity_lines": [ 19.004, 20.261818, 22.523714, 23.938258 ] }, { "date": "2024-11-08", "close": 22.0, "volume": 1073, "typical_volume": 2309.8, "trend": 25.054333, "fair_value": 32.169679, "relative_strength": 15.46783, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.607072, "energy": 74.410879, "activity_lines": [ 19.912, 20.361455, 22.300238, 23.728925 ] }, { "date": "2024-11-15", "close": 20.99, "volume": 119, "typical_volume": 2283.05, "trend": 24.957333, "fair_value": 31.206795, "relative_strength": 11.414643, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.146575, "energy": 57.730026, "activity_lines": [ 20.349333, 20.350182, 21.989381, 23.46671 ] }, { "date": "2024-11-22", "close": 19.35, "volume": 25, "typical_volume": 2263.85, "trend": 24.929, "fair_value": 30.414167, "relative_strength": 1.460501, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.224738, "energy": 53.183391, "activity_lines": [ 20.174, 20.078364, 21.550952, 23.104946 ] }, { "date": "2024-11-29", "close": 19.35, "volume": 0, "typical_volume": 1993.35, "trend": 24.792333, "fair_value": 29.736923, "relative_strength": 1.370677, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.274031, "energy": 50.358846, "activity_lines": [ 19.974667, 19.891091, 21.161428, 22.745011 ] }, { "date": "2024-12-06", "close": 18.0, "volume": 1067, "typical_volume": 2021.65, "trend": 24.420667, "fair_value": 29.147179, "relative_strength": -9.542362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.075003, "energy": 72.7523, "activity_lines": [ 19.295333, 19.508, 20.701667, 22.306796 ] }, { "date": "2024-12-13", "close": 17.25, "volume": 1508, "typical_volume": 1984.45, "trend": 23.895667, "fair_value": 28.578269, "relative_strength": -14.67375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.08106, "energy": 90.67297, "activity_lines": [ 18.399333, 19.079455, 20.232381, 21.844172 ] }, { "date": "2024-12-20", "close": 17.299999, "volume": 127, "typical_volume": 1778.75, "trend": 23.520667, "fair_value": 27.996859, "relative_strength": -11.918884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.217401, "energy": 91.525793, "activity_lines": [ 17.836666, 18.709818, 19.829762, 21.418645 ] }, { "date": "2024-12-27", "close": 17.1, "volume": 1061, "typical_volume": 979.9, "trend": 23.157333, "fair_value": 27.494295, "relative_strength": -13.143094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.17768, "energy": 89.212885, "activity_lines": [ 17.453333, 18.352909, 19.442619, 21.004408 ] }, { "date": "2025-01-03", "close": 20.200001, "volume": 2072, "typical_volume": 1052.2, "trend": 22.830667, "fair_value": 27.104487, "relative_strength": 2.234108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.56707, "energy": 61.162732, "activity_lines": [ 18.253333, 18.594, 19.393095, 20.813613 ] }, { "date": "2025-01-10", "close": 17.0, "volume": 1201, "typical_volume": 1100.55, "trend": 22.515667, "fair_value": 26.68782, "relative_strength": -15.710656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.913451, "energy": 58.043858, "activity_lines": [ 17.93, 18.229636, 19.05919, 20.437441 ] }, { "date": "2025-01-17", "close": 16.0, "volume": 3112, "typical_volume": 819.45, "trend": 22.254, "fair_value": 26.380128, "relative_strength": -21.727301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.118731, "energy": 61.335931, "activity_lines": [ 17.34, 17.710727, 18.663667, 20.017075 ] }, { "date": "2025-01-24", "close": 15.0, "volume": 1320, "typical_volume": 830.1, "trend": 21.854, "fair_value": 26.083974, "relative_strength": -29.08303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.572711, "energy": 65.788531, "activity_lines": [ 16.5, 17.119091, 18.220524, 19.549075 ] }, { "date": "2025-01-31", "close": 15.0, "volume": 2556, "typical_volume": 956.15, "trend": 21.366667, "fair_value": 25.73141, "relative_strength": -29.284161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.88622, "energy": 73.215854, "activity_lines": [ 15.813333, 16.636364, 17.815762, 19.106882 ] }, { "date": "2025-02-07", "close": 16.0, "volume": 495, "typical_volume": 880.65, "trend": 20.846667, "fair_value": 25.321154, "relative_strength": -27.358679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.924827, "energy": 83.612902, "activity_lines": [ 15.6, 16.414545, 17.549095, 18.760645 ] }, { "date": "2025-02-14", "close": 15.0, "volume": 15, "typical_volume": 853.25, "trend": 20.313333, "fair_value": 24.975, "relative_strength": -33.691647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.738932, "energy": 82.109831, "activity_lines": [ 15.333333, 16.071818, 17.216143, 18.383441 ] }, { "date": "2025-02-21", "close": 14.51, "volume": 46, "typical_volume": 855.0, "trend": 19.788667, "fair_value": 24.643013, "relative_strength": -35.367316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.275226, "energy": 80.235998, "activity_lines": [ 15.036667, 15.694545, 16.874619, 18.009032 ] }, { "date": "2025-02-28", "close": 13.35, "volume": 1820, "typical_volume": 941.8, "trend": 19.415333, "fair_value": 24.375833, "relative_strength": -38.836734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.518146, "energy": 76.886626, "activity_lines": [ 14.452667, 15.156182, 16.448714, 17.593634 ] }, { "date": "2025-03-07", "close": 12.5, "volume": 65, "typical_volume": 893.05, "trend": 18.965333, "fair_value": 24.109808, "relative_strength": -43.240174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.375382, "energy": 85.970831, "activity_lines": [ 13.695333, 14.535091, 15.973524, 17.147484 ] }, { "date": "2025-03-14", "close": 11.25, "volume": 5310, "typical_volume": 1150.9, "trend": 18.524333, "fair_value": 23.71391, "relative_strength": -48.344468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.108149, "energy": 93.6747, "activity_lines": [ 12.688, 13.770364, 15.41019, 16.64972 ] }, { "date": "2025-03-21", "close": 11.1, "volume": 479, "typical_volume": 1173.55, "trend": 18.092333, "fair_value": 23.317115, "relative_strength": -48.742346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.618823, "energy": 92.488891, "activity_lines": [ 11.947333, 13.141091, 14.869, 16.170731 ] }, { "date": "2025-03-28", "close": 15.6, "volume": 3796, "typical_volume": 1309.7, "trend": 17.745667, "fair_value": 22.994038, "relative_strength": -28.020076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.202268, "energy": 61.831474, "activity_lines": [ 12.966667, 13.437273, 14.791619, 16.009935 ] }, { "date": "2025-04-04", "close": 14.34, "volume": 3911, "typical_volume": 1499.3, "trend": 17.455, "fair_value": 22.694936, "relative_strength": -31.241407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.607039, "energy": 54.034823, "activity_lines": [ 13.493333, 13.511636, 14.624714, 15.790215 ] }, { "date": "2025-04-11", "close": 14.34, "volume": 0, "typical_volume": 1498.05, "trend": 17.133, "fair_value": 22.427885, "relative_strength": -30.606997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.263707, "energy": 37.35822, "activity_lines": [ 13.954, 13.598, 14.489476, 15.589247 ] }, { "date": "2025-04-18", "close": 14.0, "volume": 42, "typical_volume": 1500.15, "trend": 16.863667, "fair_value": 22.203526, "relative_strength": -33.673562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.559368, "energy": 36.301837, "activity_lines": [ 14.178667, 13.634545, 14.345714, 15.387118 ] }, { "date": "2025-04-25", "close": 13.18, "volume": 376, "typical_volume": 1465.6, "trend": 16.536333, "fair_value": 21.986731, "relative_strength": -41.301856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.974887, "energy": 32.879512, "activity_lines": [ 13.946667, 13.558364, 14.149333, 15.149462 ] }, { "date": "2025-05-02", "close": 14.9, "volume": 368, "typical_volume": 1408.6, "trend": 16.366667, "fair_value": 21.780961, "relative_strength": -32.088686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.18692, "energy": 23.68452, "activity_lines": [ 14.149333, 13.828, 14.139714, 15.043892 ] }, { "date": "2025-05-09", "close": 15.2, "volume": 80, "typical_volume": 1406.25, "trend": 16.206667, "fair_value": 21.654038, "relative_strength": -30.82743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.440412, "energy": 16.402896, "activity_lines": [ 14.498667, 14.145091, 14.169857, 14.968624 ] }, { "date": "2025-05-16", "close": 15.2, "volume": 0, "typical_volume": 1353.2, "trend": 16.080333, "fair_value": 21.527115, "relative_strength": -31.48597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.320699, "energy": 13.654821, "activity_lines": [ 14.790667, 14.428545, 14.21, 14.903677 ] }, { "date": "2025-05-23", "close": 16.0, "volume": 516, "typical_volume": 1275.4, "trend": 15.983667, "fair_value": 21.334808, "relative_strength": -27.523487, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.796361, "energy": 27.203953, "activity_lines": [ 15.292, 14.808364, 14.335381, 14.898495 ] }, { "date": "2025-05-30", "close": 17.65, "volume": 4550, "typical_volume": 1442.85, "trend": 15.955333, "fair_value": 21.140256, "relative_strength": -18.423624, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.817978, "energy": 61.376771, "activity_lines": [ 16.21, 15.401818, 14.637905, 15.006 ] }, { "date": "2025-06-06", "close": 18.0, "volume": 132, "typical_volume": 1293.85, "trend": 15.822, "fair_value": 20.983782, "relative_strength": -16.014294, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.779757, "energy": 73.459069, "activity_lines": [ 16.946667, 15.939818, 14.970667, 15.137914 ] }, { "date": "2025-06-13", "close": 21.969999, "volume": 2627, "typical_volume": 1359.2, "trend": 15.854667, "fair_value": 20.868782, "relative_strength": 4.294463, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 70.895396, "energy": 88.839332, "activity_lines": [ 18.8, 17.156, 15.672, 15.534559 ] }, { "date": "2025-06-20", "close": 20.18, "volume": 5674, "typical_volume": 1515.1, "trend": 15.882333, "fair_value": 20.677628, "relative_strength": -1.724258, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.565922, "energy": 82.265968, "activity_lines": [ 19.605333, 17.908, 16.169667, 15.813613 ] }, { "date": "2025-06-27", "close": 19.75, "volume": 2782, "typical_volume": 1629.45, "trend": 15.895667, "fair_value": 20.522179, "relative_strength": -4.850681, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.384635, "energy": 88.4784, "activity_lines": [ 19.935333, 18.475636, 16.601714, 16.06314 ] }, { "date": "2025-07-04", "close": 18.200001, "volume": 1480, "typical_volume": 1702.7, "trend": 15.902333, "fair_value": 20.24141, "relative_strength": -12.025545, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.715814, "energy": 86.524878, "activity_lines": [ 19.498667, 18.656909, 16.868286, 16.211806 ] }, { "date": "2025-07-11", "close": 20.0, "volume": 1566, "typical_volume": 1778.7, "trend": 15.994, "fair_value": 20.029872, "relative_strength": 0.23695, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.20937, "energy": 65.116276, "activity_lines": [ 19.625334, 19.074182, 17.291048, 16.476172 ] }, { "date": "2025-07-18", "close": 20.1, "volume": 7, "typical_volume": 1688.05, "trend": 16.087333, "fair_value": 19.793333, "relative_strength": 2.543709, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.094714, "energy": 61.036229, "activity_lines": [ 19.652, 19.416909, 17.69719, 16.741075 ] }, { "date": "2025-07-25", "close": 22.16, "volume": 3671, "typical_volume": 1868.35, "trend": 16.256, "fair_value": 19.608461, "relative_strength": 12.135232, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.851713, "energy": 67.243067, "activity_lines": [ 20.49, 20.045091, 18.267381, 17.13286 ] }, { "date": "2025-08-01", "close": 20.0, "volume": 5183, "typical_volume": 1862.0, "trend": 16.249333, "fair_value": 19.374423, "relative_strength": 2.63563, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.649019, "energy": 58.460611, "activity_lines": [ 20.476, 20.154, 18.585857, 17.374409 ] }, { "date": "2025-08-08", "close": 18.4, "volume": 1496, "typical_volume": 1912.85, "trend": 16.296, "fair_value": 19.139808, "relative_strength": -6.569003, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.131471, "energy": 47.437964, "activity_lines": [ 19.912, 19.899273, 18.710286, 17.513161 ] }, { "date": "2025-08-15", "close": 19.5, "volume": 1100, "typical_volume": 1778.05, "trend": 16.412667, "fair_value": 18.937885, "relative_strength": -0.742747, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.14222, "energy": 37.701889, "activity_lines": [ 19.701333, 19.830909, 18.904714, 17.719871 ] }, { "date": "2025-08-22", "close": 19.870001, "volume": 5, "typical_volume": 1582.75, "trend": 16.575, "fair_value": 18.703077, "relative_strength": 0.249247, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.267644, "energy": 27.32236, "activity_lines": [ 19.647334, 19.802546, 19.11581, 17.942925 ] }, { "date": "2025-08-29", "close": 19.58, "volume": 53, "typical_volume": 1585.4, "trend": 16.727667, "fair_value": 18.49141, "relative_strength": 0.567655, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.824174, "energy": 23.018275, "activity_lines": [ 19.512, 19.759637, 19.272952, 18.136796 ] }, { "date": "2025-09-05", "close": 18.700001, "volume": 499, "typical_volume": 1608.25, "trend": 16.817667, "fair_value": 18.31641, "relative_strength": -5.989253, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.725838, "energy": 21.557954, "activity_lines": [ 19.255334, 19.567637, 19.321334, 18.264043 ] }, { "date": "2025-09-12", "close": 18.700001, "volume": 0, "typical_volume": 1589.45, "trend": 16.941, "fair_value": 18.154231, "relative_strength": -7.13378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.519443, "energy": 18.98466, "activity_lines": [ 19.085334, 19.394728, 19.347334, 18.385484 ] }, { "date": "2025-09-19", "close": 25.85, "volume": 17376, "typical_volume": 2439.85, "trend": 17.319, "fair_value": 18.084679, "relative_strength": 29.634879, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 86.557348, "energy": 68.523912, "activity_lines": [ 21.278667, 20.512728, 20.028, 18.960258 ] }, { "date": "2025-09-26", "close": 31.0, "volume": 5418, "typical_volume": 2706.75, "trend": 17.907333, "fair_value": 18.055833, "relative_strength": 52.145489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.816128, "energy": 92.183413, "activity_lines": [ 24.765334, 22.460728, 21.147, 19.842903 ] }, { "date": "2025-10-03", "close": 32.5, "volume": 5361, "typical_volume": 2974.8, "trend": 18.574, "fair_value": 18.039808, "relative_strength": 58.987931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.957539, "energy": 96.010358, "activity_lines": [ 28.01, 24.483273, 22.333619, 20.784366 ] }, { "date": "2025-10-10", "close": 33.900002, "volume": 250, "typical_volume": 2961.5, "trend": 19.329, "fair_value": 18.051987, "relative_strength": 67.968994, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.281, "energy": 95.737139, "activity_lines": [ 30.860001, 26.572364, 23.571191, 21.77314 ] }, { "date": "2025-10-17", "close": 29.0, "volume": 2512, "typical_volume": 2859.6, "trend": 19.925667, "fair_value": 18.022244, "relative_strength": 40.054063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.877606, "energy": 87.807169, "activity_lines": [ 31.063334, 27.517819, 24.256858, 22.397076 ] }, { "date": "2025-10-24", "close": 29.0, "volume": 1559, "typical_volume": 2930.95, "trend": 20.372333, "fair_value": 17.983782, "relative_strength": 40.543863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.591598, "energy": 83.875989, "activity_lines": [ 30.58, 28.270546, 24.888477, 22.982516 ] }, { "date": "2025-10-31", "close": 27.700001, "volume": 2730, "typical_volume": 2936.1, "trend": 20.817667, "fair_value": 17.963269, "relative_strength": 30.20825, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.505988, "energy": 61.263693, "activity_lines": [ 29.453334, 28.614182, 25.343905, 23.455269 ] }, { "date": "2025-11-07", "close": 24.0, "volume": 526, "typical_volume": 2678.7, "trend": 21.139667, "fair_value": 17.921603, "relative_strength": 12.025546, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.00369, "energy": 32.732905, "activity_lines": [ 27.313334, 28.142728, 25.419667, 23.660581 ] }, { "date": "2025-11-14", "close": 25.92, "volume": 585, "typical_volume": 2568.85, "trend": 21.537, "fair_value": 17.874295, "relative_strength": 23.021164, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.361616, "energy": 27.484547, "activity_lines": [ 26.38, 27.94, 25.660096, 23.96899 ] }, { "date": "2025-11-21", "close": 21.0, "volume": 113, "typical_volume": 2500.5, "trend": 21.797667, "fair_value": 17.81468, "relative_strength": 0.650725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.027522, "energy": 21.880234, "activity_lines": [ 24.338667, 26.711455, 25.402572, 23.934344 ] }, { "date": "2025-11-28", "close": 22.0, "volume": 151, "typical_volume": 2429.75, "trend": 22.034334, "fair_value": 17.761474, "relative_strength": 2.842094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.667845, "energy": 25.091887, "activity_lines": [ 23.164, 25.622909, 25.226953, 23.947398 ] }, { "date": "2025-12-05", "close": 23.6, "volume": 17, "typical_volume": 2430.25, "trend": 22.314334, "fair_value": 17.739038, "relative_strength": 10.563876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.219344, "energy": 21.302883, "activity_lines": [ 22.989333, 24.895273, 25.194191, 24.048409 ] }, { "date": "2025-12-12", "close": 23.0, "volume": 20, "typical_volume": 2247.7, "trend": 22.574334, "fair_value": 17.694167, "relative_strength": 5.40418, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.436899, "energy": 20.863619, "activity_lines": [ 22.888, 24.193091, 25.087619, 24.092645 ] }, { "date": "2025-12-19", "close": 25.26, "volume": 4065, "typical_volume": 2191.8, "trend": 22.883, "fair_value": 17.689423, "relative_strength": 16.803227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.909341, "energy": 14.740581, "activity_lines": [ 23.606667, 24.074546, 25.192286, 24.265914 ] }, { "date": "2025-12-26", "close": 25.26, "volume": 39, "typical_volume": 2118.95, "trend": 23.136667, "fair_value": 17.68468, "relative_strength": 13.587444, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.567458, "energy": 12.497443, "activity_lines": [ 24.369333, 24.113091, 25.271905, 24.419269 ] }, { "date": "2026-01-02", "close": 25.1, "volume": 1206, "typical_volume": 2124.25, "trend": 23.373334, "fair_value": 17.685321, "relative_strength": 15.638366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.185866, "energy": 20.993283, "activity_lines": [ 24.794667, 24.190545, 25.303619, 24.545936 ] }, { "date": "2026-01-09", "close": 28.0, "volume": 2828, "typical_volume": 2265.4, "trend": 23.574334, "fair_value": 17.714167, "relative_strength": 24.672964, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.144178, "energy": 40.383567, "activity_lines": [ 25.98, 24.866182, 25.584857, 24.84443 ] }, { "date": "2026-01-16", "close": 29.0, "volume": 9966, "typical_volume": 2761.05, "trend": 23.868334, "fair_value": 17.746218, "relative_strength": 26.254755, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.325934, "energy": 64.071942, "activity_lines": [ 27.205333, 25.718182, 25.922619, 25.194473 ] }, { "date": "2026-01-23", "close": 28.5, "volume": 1901, "typical_volume": 2831.15, "trend": 24.16, "fair_value": 17.781474, "relative_strength": 21.302058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.431001, "energy": 66.899309, "activity_lines": [ 27.864, 26.388364, 26.167905, 25.49329 ] }, { "date": "2026-01-30", "close": 24.99, "volume": 103, "typical_volume": 2836.3, "trend": 24.386334, "fair_value": 17.782692, "relative_strength": 6.843014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.428828, "energy": 40.022713, "activity_lines": [ 27.136667, 26.373455, 26.032238, 25.546839 ] }, { "date": "2026-02-06", "close": 24.99, "volume": 0, "typical_volume": 1967.5, "trend": 24.552667, "fair_value": 17.808269, "relative_strength": 1.715974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.329882, "energy": 26.728969, "activity_lines": [ 26.427333, 26.286, 25.866619, 25.585785 ] }, { "date": "2026-02-13", "close": 24.99, "volume": 0, "typical_volume": 1696.6, "trend": 24.715667, "fair_value": 17.844744, "relative_strength": 0.361801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.806649, "energy": 12.572313, "activity_lines": [ 25.725333, 26.144182, 25.705095, 25.614 ] }, { "date": "2026-02-20", "close": 27.07, "volume": 57, "typical_volume": 1431.4, "trend": 24.879334, "fair_value": 17.89968, "relative_strength": 8.12935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.462077, "energy": 23.314605, "activity_lines": [ 25.917333, 26.355273, 25.770286, 25.765893 ] }, { "date": "2026-02-27", "close": 30.809999, "volume": 7585, "typical_volume": 1798.15, "trend": 25.239667, "fair_value": 17.97859, "relative_strength": 21.941555, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.798689, "energy": 36.567482, "activity_lines": [ 27.484666, 27.172363, 26.217524, 26.148516 ] }, { "date": "2026-03-06", "close": 30.200001, "volume": 1295, "typical_volume": 1737.3, "trend": 25.633, "fair_value": 18.069615, "relative_strength": 25.349016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.59936, "energy": 62.030085, "activity_lines": [ 28.694667, 27.777636, 26.621381, 26.468538 ] }, { "date": "2026-03-13", "close": 41.0, "volume": 5953, "typical_volume": 1957.0, "trend": 26.349667, "fair_value": 18.217372, "relative_strength": 70.728111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.598859, "energy": 88.59706, "activity_lines": [ 33.157333, 30.256727, 28.048095, 27.459957 ] }, { "date": "2026-03-20", "close": 41.150002, "volume": 1218, "typical_volume": 1881.4, "trend": 27.059, "fair_value": 18.371539, "relative_strength": 71.51273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.90429, "energy": 95.55931, "activity_lines": [ 36.602667, 32.474, 29.431953, 28.414817 ] }, { "date": "2026-03-27", "close": 36.25, "volume": 4301, "typical_volume": 2070.15, "trend": 27.614667, "fair_value": 18.494936, "relative_strength": 43.464791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.19327, "energy": 84.705347, "activity_lines": [ 37.337334, 33.561273, 30.285095, 29.007785 ] }, { "date": "2026-04-03", "close": 31.65, "volume": 178, "typical_volume": 2049.8, "trend": 28.046334, "fair_value": 18.588846, "relative_strength": 18.781897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.313146, "energy": 74.947416, "activity_lines": [ 35.926667, 33.680364, 30.64181, 29.268129 ] }, { "date": "2026-04-10", "close": 31.799999, "volume": 722, "typical_volume": 2080.25, "trend": 28.483, "fair_value": 18.696538, "relative_strength": 17.756409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.956214, "energy": 46.324051, "activity_lines": [ 34.51, 33.769455, 30.985524, 29.510301 ] }, { "date": "2026-04-17", "close": 33.0, "volume": 140, "typical_volume": 2079.7, "trend": 28.721333, "fair_value": 18.811282, "relative_strength": 21.284353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.835607, "energy": 26.975482, "activity_lines": [ 33.386667, 33.952909, 31.392095, 29.801721 ] }, { "date": "2026-04-24", "close": 28.6, "volume": 220, "typical_volume": 2089.85, "trend": 28.641333, "fair_value": 18.908077, "relative_strength": 5.079752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.030261, "energy": 23.49339, "activity_lines": [ 31.33, 33.190727, 31.327238, 29.793893 ] }, { "date": "2026-05-01", "close": 28.75, "volume": 138, "typical_volume": 2095.75, "trend": 28.516333, "fair_value": 19.005833, "relative_strength": 6.947498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.124868, "energy": 22.288074, "activity_lines": [ 30.16, 32.390182, 31.252857, 29.800903 ] }, { "date": "2026-05-08", "close": 25.75, "volume": 4903, "typical_volume": 2137.65, "trend": 28.244667, "fair_value": 19.084359, "relative_strength": -7.400012, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.774764, "energy": 18.665825, "activity_lines": [ 28.49, 31.013636, 30.865381, 29.62243 ] }, { "date": "2026-05-15", "close": 24.0, "volume": 32, "typical_volume": 2137.3, "trend": 28.078, "fair_value": 19.164167, "relative_strength": -11.69536, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.134608, "energy": 35.885664, "activity_lines": [ 26.63, 29.410909, 30.308905, 29.348581 ] }, { "date": "2026-05-22", "close": 23.700001, "volume": 346, "typical_volume": 2094.3, "trend": 27.901333, "fair_value": 19.265449, "relative_strength": -13.557811, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.573693, "energy": 45.351144, "activity_lines": [ 25.19, 27.866364, 29.729857, 29.066129 ] }, { "date": "2026-05-29", "close": 24.129999, "volume": 1182, "typical_volume": 2012.0, "trend": 27.782333, "fair_value": 19.368846, "relative_strength": -12.511435, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.63637, "energy": 55.532523, "activity_lines": [ 24.513333, 26.714545, 29.198429, 28.822817 ] }, { "date": "2026-06-05", "close": 22.83, "volume": 0, "typical_volume": 1513.7, "trend": 27.743333, "fair_value": 19.46391, "relative_strength": -14.307335, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.640645, "energy": 60.421353, "activity_lines": [ 23.701333, 25.635818, 28.561619, 28.503312 ] }, { "date": "2026-06-12", "close": 21.0, "volume": 219, "typical_volume": 1429.6, "trend": 27.579333, "fair_value": 19.537564, "relative_strength": -23.009397, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.757454, "energy": 74.284643, "activity_lines": [ 22.674, 24.468364, 27.779905, 28.068258 ] }, { "date": "2026-06-19", "close": 22.0, "volume": 72, "typical_volume": 1428.05, "trend": 27.612667, "fair_value": 19.617692, "relative_strength": -18.915318, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.970469, "energy": 71.748587, "activity_lines": [ 22.296667, 23.676364, 27.129143, 27.708301 ] }, { "date": "2026-06-26", "close": 23.65, "volume": 0, "typical_volume": 1428.05, "trend": 27.667667, "fair_value": 19.711603, "relative_strength": -12.244727, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.28969, "energy": 81.365193, "activity_lines": [ 22.602667, 23.362545, 26.649762, 27.452645 ] }, { "date": "2026-07-03", "close": 26.200001, "volume": 0, "typical_volume": 1428.05, "trend": 27.754333, "fair_value": 19.821859, "relative_strength": -2.900421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.027653, "energy": 63.288821, "activity_lines": [ 23.762, 23.682364, 26.419619, 27.357957 ] }, { "date": "2026-07-10", "close": 26.0, "volume": 102, "typical_volume": 1430.3, "trend": 27.854333, "fair_value": 19.924423, "relative_strength": -2.998131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.007809, "energy": 32.457917, "activity_lines": [ 24.716667, 24.009455, 26.164667, 27.244774 ] }, { "date": "2026-07-17", "close": 23.879999, "volume": 855, "typical_volume": 1093.8, "trend": 27.808333, "fair_value": 20.006987, "relative_strength": -11.097244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.093844, "energy": 30.159514, "activity_lines": [ 24.753333, 24.001091, 25.712905, 26.988366 ] }, { "date": "2026-07-24", "close": 21.469999, "volume": 953, "typical_volume": 1076.7, "trend": 27.682, "fair_value": 20.080513, "relative_strength": -19.524773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.80064, "energy": 41.167174, "activity_lines": [ 23.794666, 23.588545, 25.064619, 26.579441 ] }, { "date": "2026-07-31", "close": 20.68, "volume": 2736, "typical_volume": 915.85, "trend": 27.534667, "fair_value": 20.150769, "relative_strength": -22.97031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.935695, "energy": 67.485499, "activity_lines": [ 22.608, 23.078363, 24.382667, 26.127699 ] }, { "date": "2026-08-07", "close": 21.5, "volume": 282, "typical_volume": 869.05, "trend": 27.318, "fair_value": 20.230897, "relative_strength": -19.934543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.894072, "energy": 87.264497, "activity_lines": [ 21.892666, 22.772182, 23.875571, 25.738366 ] } ], "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." } } }