{ "ticker": { "uuid": "a06f32e9-3d9b-43e1-a63a-eaad9fe26bd6", "symbol": "J69U", "name": "Frasers Centrepoint Trust", "exchange": "SES", "country": "SG", "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": "^STI", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 56.43, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -19.996, "architecture_energy": 18.343, "architecture_maturity": 25.666, "architecture_confidence": 81.457, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 67.67, "rotation_up": 27.73, "upward_expansion": 21.11, "deceleration": 50.38, "rotation_down": 42.68, "downward_expansion": 41.45 }, "activity_lines": [ 2.247333, 2.253636, 2.259762, 2.258258 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 2.21, "trend_reference": 2.257, "distance_from_trend": -0.020824, "trend_direction": "Weakening", "fair_value": 2.111684, "distance_from_fair_value": 0.046558, "fair_value_direction": "Weakening", "relative_strength": -18.276439, "relative_strength_direction": "Weakening", "price_momentum": -0.017778, "excess_performance": -0.172613, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.020824, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.002651, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.046558, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.038701, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.182764, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.098675, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.017778, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.323012, "read": "Demand-led" } ], "volume": { "latest": 31789300, "relative_activity": 1.68463, "balance": 1.323012, "dry_up": 1.269596, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.026453, "annualized_volatility": 0.114136, "from_high_reference": -0.082466, "from_low_reference": 0.025479 }, "levels": { "trend_reference": 2.257, "fair_value_reference": 2.111684, "structural_low": 2.17, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.004517, "positive_rate": 0.611111, "directional_follow_through": 0.611111, "median_excess_return": -0.01872, "regime_survival": 0.555556, "best_return": 0.06422, "worst_return": -0.059633, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.025818, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.046722, "regime_survival": 0.222222, "best_return": 0.124401, "worst_return": -0.088305, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.030001, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.005917, "regime_survival": 0.166667, "best_return": 0.089795, "worst_return": -0.041991, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.06185, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.017494, "regime_survival": 0.5, "best_return": 0.124026, "worst_return": 0.013183, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": -0.009478, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-01-03", "tenure": "New", "return": 0.014151, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-03-14", "tenure": "Developing", "return": 0.042253, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.012336, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.027397, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-02", "end": "2025-06-06", "tenure": "Developing", "return": -0.044248, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.041284, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-11-14", "tenure": "Established", "return": 0.043956, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2026-02-20", "tenure": "Established", "return": 0.027149, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.048035, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.040909, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": 0.008621, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": -0.013274, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.022124, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.909498, "volume": 10321700, "typical_volume": 13484592.65, "trend": 1.902398, "fair_value": 1.862845, "relative_strength": 5.47784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.802595, "energy": 4.28083, "activity_lines": [ 1.904848, 1.904901, 1.90717, 1.907301 ] }, { "date": "2023-08-25", "close": 1.89206, "volume": 11556900, "typical_volume": 13558632.65, "trend": 1.902139, "fair_value": 1.863175, "relative_strength": 3.947675, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.769614, "energy": 10.568812, "activity_lines": [ 1.900198, 1.902364, 1.905093, 1.906634 ] }, { "date": "2023-09-01", "close": 1.953094, "volume": 14082500, "typical_volume": 13740742.65, "trend": 1.903067, "fair_value": 1.863085, "relative_strength": 5.785858, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.143886, "energy": 22.96484, "activity_lines": [ 1.917636, 1.911718, 1.909068, 1.909921 ] }, { "date": "2023-09-08", "close": 1.961813, "volume": 7749600, "typical_volume": 13583412.65, "trend": 1.907112, "fair_value": 1.862906, "relative_strength": 6.983851, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.328833, "energy": 43.514354, "activity_lines": [ 1.934493, 1.921546, 1.914064, 1.913712 ] }, { "date": "2023-09-15", "close": 1.935655, "volume": 11115600, "typical_volume": 13173542.65, "trend": 1.911134, "fair_value": 1.862895, "relative_strength": 3.139688, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.184113, "energy": 43.678045, "activity_lines": [ 1.938562, 1.925668, 1.916556, 1.915553 ] }, { "date": "2023-09-22", "close": 1.900779, "volume": 10067000, "typical_volume": 13020812.65, "trend": 1.912014, "fair_value": 1.863042, "relative_strength": 3.631419, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.827494, "energy": 31.557418, "activity_lines": [ 1.92868, 1.92218, 1.915435, 1.914885 ] }, { "date": "2023-09-29", "close": 1.909498, "volume": 9304900, "typical_volume": 12347652.65, "trend": 1.913185, "fair_value": 1.86377, "relative_strength": 3.621249, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.222236, "energy": 17.499763, "activity_lines": [ 1.922286, 1.920754, 1.915062, 1.914723 ] }, { "date": "2023-10-06", "close": 1.796149, "volume": 15702600, "typical_volume": 12222627.65, "trend": 1.911991, "fair_value": 1.86372, "relative_strength": -1.209594, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.990229, "energy": 48.201968, "activity_lines": [ 1.876946, 1.898877, 1.904017, 1.907172 ] }, { "date": "2023-10-13", "close": 1.839745, "volume": 16033600, "typical_volume": 12349067.65, "trend": 1.909988, "fair_value": 1.864096, "relative_strength": 0.797759, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.758804, "energy": 58.587596, "activity_lines": [ 1.856602, 1.886828, 1.897831, 1.902511 ] }, { "date": "2023-10-20", "close": 1.78743, "volume": 18449600, "typical_volume": 12599511.4, "trend": 1.906524, "fair_value": 1.864039, "relative_strength": 1.277197, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.795796, "energy": 75.124075, "activity_lines": [ 1.826957, 1.866378, 1.88687, 1.894604 ] }, { "date": "2023-10-27", "close": 1.77871, "volume": 17889000, "typical_volume": 12708226.4, "trend": 1.901074, "fair_value": 1.865102, "relative_strength": 1.200819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.509424, "energy": 77.814364, "activity_lines": [ 1.804287, 1.846403, 1.875576, 1.886358 ] }, { "date": "2023-11-03", "close": 1.876706, "volume": 13597500, "typical_volume": 12385646.4, "trend": 1.89889, "fair_value": 1.866058, "relative_strength": 3.777948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.968323, "energy": 54.916632, "activity_lines": [ 1.82242, 1.846623, 1.874239, 1.884786 ] }, { "date": "2023-11-10", "close": 1.894665, "volume": 9134500, "typical_volume": 12100466.4, "trend": 1.895608, "fair_value": 1.866884, "relative_strength": 5.719755, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.486254, "energy": 29.295568, "activity_lines": [ 1.848726, 1.850388, 1.874892, 1.884513 ] }, { "date": "2023-11-17", "close": 1.966501, "volume": 15397900, "typical_volume": 12333551.4, "trend": 1.895852, "fair_value": 1.868171, "relative_strength": 8.722363, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.706548, "energy": 10.837219, "activity_lines": [ 1.892409, 1.868277, 1.882375, 1.889087 ] }, { "date": "2023-11-24", "close": 1.98446, "volume": 7114700, "typical_volume": 12187991.4, "trend": 1.899521, "fair_value": 1.869377, "relative_strength": 10.397056, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 18.656894, "energy": 27.589124, "activity_lines": [ 1.933628, 1.889345, 1.891296, 1.894804 ] }, { "date": "2023-12-01", "close": 1.966501, "volume": 7925900, "typical_volume": 11888756.4, "trend": 1.902293, "fair_value": 1.870223, "relative_strength": 9.147928, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.250665, "energy": 33.099015, "activity_lines": [ 1.955726, 1.906261, 1.897943, 1.899125 ] }, { "date": "2023-12-08", "close": 2.002419, "volume": 5478500, "typical_volume": 11691606.4, "trend": 1.904519, "fair_value": 1.871495, "relative_strength": 10.000843, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.103702, "energy": 67.245168, "activity_lines": [ 1.977276, 1.928512, 1.907821, 1.905585 ] }, { "date": "2023-12-15", "close": 2.011398, "volume": 24966500, "typical_volume": 12480696.4, "trend": 1.906753, "fair_value": 1.87204, "relative_strength": 9.93354, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.136642, "energy": 70.893564, "activity_lines": [ 1.993439, 1.950707, 1.918154, 1.91248 ] }, { "date": "2023-12-22", "close": 2.002419, "volume": 12664800, "typical_volume": 12292430.0, "trend": 1.910722, "fair_value": 1.87292, "relative_strength": 8.244464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.097576, "energy": 64.48077, "activity_lines": [ 1.998827, 1.967355, 1.927106, 1.918652 ] }, { "date": "2023-12-29", "close": 2.029357, "volume": 4906100, "typical_volume": 12172970.0, "trend": 1.915299, "fair_value": 1.873826, "relative_strength": 6.045079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.613438, "energy": 64.803802, "activity_lines": [ 2.0108, 1.985943, 1.938138, 1.926306 ] }, { "date": "2024-01-05", "close": 2.029357, "volume": 5893800, "typical_volume": 11951575.0, "trend": 1.919294, "fair_value": 1.874242, "relative_strength": 7.526419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.512701, "energy": 63.293523, "activity_lines": [ 2.019779, 2.000133, 1.948559, 1.933665 ] }, { "date": "2024-01-12", "close": 2.056295, "volume": 12533100, "typical_volume": 12000385.0, "trend": 1.923315, "fair_value": 1.874683, "relative_strength": 8.327568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.870876, "energy": 66.950471, "activity_lines": [ 2.033547, 2.014663, 1.960974, 1.942503 ] }, { "date": "2024-01-19", "close": 1.97548, "volume": 14039700, "typical_volume": 11998245.0, "trend": 1.926096, "fair_value": 1.874655, "relative_strength": 5.132314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.298972, "energy": 43.492489, "activity_lines": [ 2.016786, 2.011235, 1.96491, 1.945869 ] }, { "date": "2024-01-26", "close": 1.993439, "volume": 38054600, "typical_volume": 13513495.0, "trend": 1.928894, "fair_value": 1.874743, "relative_strength": 5.60238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.778332, "energy": 32.790739, "activity_lines": [ 2.008405, 2.009602, 1.97045, 1.950213 ] }, { "date": "2024-02-02", "close": 2.13147, "volume": 26594400, "typical_volume": 14287435.0, "trend": 1.937746, "fair_value": 1.875617, "relative_strength": 11.830704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.161911, "energy": 54.532484, "activity_lines": [ 2.046633, 2.032576, 1.988986, 1.963283 ] }, { "date": "2024-02-09", "close": 2.058287, "volume": 22236200, "typical_volume": 14895895.0, "trend": 1.942125, "fair_value": 1.876463, "relative_strength": 9.039475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.039203, "energy": 43.265522, "activity_lines": [ 2.053659, 2.039571, 1.999619, 1.97106 ] }, { "date": "2024-02-16", "close": 2.039991, "volume": 9680200, "typical_volume": 14914660.0, "trend": 1.946184, "fair_value": 1.877192, "relative_strength": 4.969975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.185683, "energy": 49.932383, "activity_lines": [ 2.052658, 2.041571, 2.00776, 1.977374 ] }, { "date": "2024-02-23", "close": 2.030843, "volume": 9688300, "typical_volume": 14613945.0, "trend": 1.950519, "fair_value": 1.877862, "relative_strength": 5.490279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.405133, "energy": 50.848284, "activity_lines": [ 2.049695, 2.041225, 2.014408, 1.982836 ] }, { "date": "2024-03-01", "close": 1.985103, "volume": 16334600, "typical_volume": 14628995.0, "trend": 1.95333, "fair_value": 1.878435, "relative_strength": 4.553896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.490529, "energy": 22.962838, "activity_lines": [ 2.027794, 2.032208, 2.015582, 1.985067 ] }, { "date": "2024-03-08", "close": 2.012547, "volume": 15308000, "typical_volume": 14471915.0, "trend": 1.957056, "fair_value": 1.879135, "relative_strength": 5.40703, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.59686, "energy": 18.097503, "activity_lines": [ 2.015596, 2.028496, 2.018678, 1.988887 ] }, { "date": "2024-03-15", "close": 1.994251, "volume": 24136500, "typical_volume": 14784290.0, "trend": 1.959881, "fair_value": 1.879374, "relative_strength": 3.493184, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.31704, "energy": 18.28278, "activity_lines": [ 2.005229, 2.021763, 2.018959, 1.991287 ] }, { "date": "2024-03-22", "close": 2.012547, "volume": 12560600, "typical_volume": 14732445.0, "trend": 1.963897, "fair_value": 1.880172, "relative_strength": 2.86231, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.698961, "energy": 14.378957, "activity_lines": [ 2.005229, 2.018996, 2.019956, 1.994685 ] }, { "date": "2024-03-29", "close": 2.003399, "volume": 13843300, "typical_volume": 14967885.0, "trend": 1.965574, "fair_value": 1.880765, "relative_strength": 2.120801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.065434, "energy": 11.480679, "activity_lines": [ 2.004009, 2.01536, 2.019436, 1.997233 ] }, { "date": "2024-04-05", "close": 1.985103, "volume": 17077800, "typical_volume": 15051880.0, "trend": 1.96635, "fair_value": 1.88124, "relative_strength": 1.278212, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.452427, "energy": 8.782323, "activity_lines": [ 1.99852, 2.00789, 2.016655, 1.998493 ] }, { "date": "2024-04-12", "close": 1.966807, "volume": 10237000, "typical_volume": 15207995.0, "trend": 1.967389, "fair_value": 1.881597, "relative_strength": 0.361817, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.968974, "energy": 8.741869, "activity_lines": [ 1.986933, 1.997245, 2.012043, 1.998523 ] }, { "date": "2024-04-19", "close": 1.921068, "volume": 18247800, "typical_volume": 15724090.0, "trend": 1.968065, "fair_value": 1.881907, "relative_strength": -0.772312, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.506929, "energy": 34.7837, "activity_lines": [ 1.963148, 1.981278, 2.003159, 1.995534 ] }, { "date": "2024-04-26", "close": 1.975955, "volume": 14345900, "typical_volume": 16167460.0, "trend": 1.97028, "fair_value": 1.88238, "relative_strength": -1.25182, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.04557, "energy": 30.789649, "activity_lines": [ 1.962538, 1.977785, 1.999718, 1.996043 ] }, { "date": "2024-05-03", "close": 1.946279, "volume": 10225400, "typical_volume": 15430405.0, "trend": 1.975284, "fair_value": 1.882813, "relative_strength": -3.158128, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.951374, "energy": 43.719608, "activity_lines": [ 1.954476, 1.970061, 1.993577, 1.994495 ] }, { "date": "2024-05-10", "close": 2.001623, "volume": 12549600, "typical_volume": 15424645.0, "trend": 1.98068, "fair_value": 1.884153, "relative_strength": -0.352516, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.387282, "energy": 25.229489, "activity_lines": [ 1.968669, 1.973936, 1.993018, 1.996194 ] }, { "date": "2024-05-17", "close": 2.020072, "volume": 14191900, "typical_volume": 15888935.0, "trend": 1.988435, "fair_value": 1.885562, "relative_strength": -0.1334, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 4.802315, "energy": 6.813223, "activity_lines": [ 1.987911, 1.980866, 1.994219, 1.998736 ] }, { "date": "2024-05-24", "close": 2.010847, "volume": 8143800, "typical_volume": 16001435.0, "trend": 1.996173, "fair_value": 1.88671, "relative_strength": -0.741555, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.974018, "energy": 10.253, "activity_lines": [ 2.000527, 1.985982, 1.994586, 2.000181 ] }, { "date": "2024-05-31", "close": 2.001623, "volume": 17712800, "typical_volume": 16260420.0, "trend": 2.000337, "fair_value": 1.887548, "relative_strength": -1.797227, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.054218, "energy": 14.463516, "activity_lines": [ 2.004083, 1.989119, 1.994162, 2.000533 ] }, { "date": "2024-06-07", "close": 2.029295, "volume": 14838500, "typical_volume": 16300360.0, "trend": 2.004825, "fair_value": 1.888263, "relative_strength": -0.297325, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.38356, "energy": 19.445809, "activity_lines": [ 2.015152, 1.997486, 1.996634, 2.002401 ] }, { "date": "2024-06-14", "close": 1.983175, "volume": 8510500, "typical_volume": 14823155.0, "trend": 2.00538, "fair_value": 1.888883, "relative_strength": -1.60539, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.457399, "energy": 12.074302, "activity_lines": [ 2.005313, 1.996996, 1.994458, 2.001005 ] }, { "date": "2024-06-21", "close": 1.964727, "volume": 15635500, "typical_volume": 14275210.0, "trend": 2.004723, "fair_value": 1.889384, "relative_strength": -2.774897, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.714629, "energy": 15.583419, "activity_lines": [ 1.990554, 1.993188, 1.990573, 1.998382 ] }, { "date": "2024-06-28", "close": 1.964727, "volume": 12611600, "typical_volume": 13793980.0, "trend": 2.004663, "fair_value": 1.889685, "relative_strength": -3.5376, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.17728, "energy": 22.028663, "activity_lines": [ 1.979485, 1.989417, 1.987483, 1.995801 ] }, { "date": "2024-07-05", "close": 1.955503, "volume": 12666500, "typical_volume": 13943295.0, "trend": 2.0031, "fair_value": 1.889776, "relative_strength": -6.124275, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.641388, "energy": 37.761052, "activity_lines": [ 1.968417, 1.983175, 1.98396, 1.99263 ] }, { "date": "2024-07-12", "close": 2.047744, "volume": 19440800, "typical_volume": 14430920.0, "trend": 2.004311, "fair_value": 1.890509, "relative_strength": -4.117135, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.184405, "energy": 8.886366, "activity_lines": [ 1.991169, 1.994076, 1.989623, 1.99551 ] }, { "date": "2024-07-19", "close": 2.020072, "volume": 13133200, "typical_volume": 14270850.0, "trend": 2.0049, "fair_value": 1.891516, "relative_strength": -4.037475, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.076482, "energy": 9.60459, "activity_lines": [ 2.003468, 1.998101, 1.992571, 1.996527 ] }, { "date": "2024-07-26", "close": 2.029295, "volume": 6534700, "typical_volume": 13832185.0, "trend": 2.004897, "fair_value": 1.892381, "relative_strength": -3.092692, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.328784, "energy": 18.726981, "activity_lines": [ 2.016382, 2.003468, 1.996231, 1.998101 ] }, { "date": "2024-08-02", "close": 2.066192, "volume": 16096400, "typical_volume": 13430180.0, "trend": 2.006125, "fair_value": 1.893633, "relative_strength": -0.122993, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 37.31504, "energy": 40.874074, "activity_lines": [ 2.03729, 2.015376, 2.003325, 2.002055 ] }, { "date": "2024-08-09", "close": 2.047744, "volume": 15689500, "typical_volume": 13586625.0, "trend": 2.00584, "fair_value": 1.894918, "relative_strength": 2.451719, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.333791, "energy": 46.785983, "activity_lines": [ 2.045284, 2.022923, 2.008319, 2.00474 ] }, { "date": "2024-08-16", "close": 2.121536, "volume": 17843800, "typical_volume": 13786650.0, "trend": 2.010709, "fair_value": 1.896876, "relative_strength": 3.16015, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.757172, "energy": 72.285402, "activity_lines": [ 2.071726, 2.043048, 2.020174, 2.012205 ] }, { "date": "2024-08-23", "close": 2.17688, "volume": 17192900, "typical_volume": 13792405.0, "trend": 2.016824, "fair_value": 1.899289, "relative_strength": 4.592685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.221788, "energy": 83.799604, "activity_lines": [ 2.111697, 2.071558, 2.036737, 2.022925 ] }, { "date": "2024-08-30", "close": 2.195329, "volume": 13386200, "typical_volume": 13949865.0, "trend": 2.018952, "fair_value": 1.90137, "relative_strength": 3.686951, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.411082, "energy": 87.593075, "activity_lines": [ 2.147364, 2.099902, 2.054143, 2.034442 ] }, { "date": "2024-09-06", "close": 2.195329, "volume": 15913000, "typical_volume": 13833125.0, "trend": 2.02352, "fair_value": 1.903851, "relative_strength": 3.263336, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.882444, "energy": 87.035782, "activity_lines": [ 2.171961, 2.124052, 2.070462, 2.045821 ] }, { "date": "2024-09-13", "close": 2.17688, "volume": 22097900, "typical_volume": 14220725.0, "trend": 2.028083, "fair_value": 1.906365, "relative_strength": -0.778859, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.768901, "energy": 82.392178, "activity_lines": [ 2.1818, 2.140655, 2.083717, 2.055715 ] }, { "date": "2024-09-20", "close": 2.093864, "volume": 45097900, "typical_volume": 15964350.0, "trend": 2.030184, "fair_value": 1.908346, "relative_strength": -6.152741, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.166666, "energy": 51.811609, "activity_lines": [ 2.155358, 2.138139, 2.08811, 2.059959 ] }, { "date": "2024-09-27", "close": 2.158432, "volume": 32327700, "typical_volume": 16953255.0, "trend": 2.035961, "fair_value": 1.910892, "relative_strength": -1.89957, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.054795, "energy": 44.178216, "activity_lines": [ 2.152283, 2.146525, 2.097949, 2.068233 ] }, { "date": "2024-10-04", "close": 2.121536, "volume": 35638100, "typical_volume": 18025565.0, "trend": 2.039594, "fair_value": 1.913051, "relative_strength": -4.075874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.801461, "energy": 29.155908, "activity_lines": [ 2.138139, 2.145686, 2.103527, 2.073754 ] }, { "date": "2024-10-11", "close": 2.075416, "volume": 19468200, "typical_volume": 18591785.0, "trend": 2.0423, "fair_value": 1.914564, "relative_strength": -5.767153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.343779, "energy": 23.40711, "activity_lines": [ 2.113542, 2.134785, 2.10423, 2.076065 ] }, { "date": "2024-10-18", "close": 2.121536, "volume": 11207200, "typical_volume": 18266505.0, "trend": 2.045933, "fair_value": 1.916371, "relative_strength": -5.436438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.36468, "energy": 19.193531, "activity_lines": [ 2.112312, 2.132102, 2.109018, 2.081177 ] }, { "date": "2024-10-25", "close": 2.075416, "volume": 16886600, "typical_volume": 18368910.0, "trend": 2.048334, "fair_value": 1.917582, "relative_strength": -6.278019, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.671661, "energy": 18.809813, "activity_lines": [ 2.099398, 2.119691, 2.108842, 2.083079 ] }, { "date": "2024-11-01", "close": 2.075416, "volume": 25951200, "typical_volume": 19240945.0, "trend": 2.051344, "fair_value": 1.91879, "relative_strength": -5.237675, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.555035, "energy": 13.900722, "activity_lines": [ 2.087715, 2.108119, 2.108447, 2.084827 ] }, { "date": "2024-11-08", "close": 1.999604, "volume": 32424700, "typical_volume": 20080405.0, "trend": 2.052437, "fair_value": 1.91946, "relative_strength": -12.641671, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.430926, "energy": 21.089274, "activity_lines": [ 2.056295, 2.084608, 2.100392, 2.081488 ] }, { "date": "2024-11-15", "close": 1.999604, "volume": 17815300, "typical_volume": 20340590.0, "trend": 2.055055, "fair_value": 1.920078, "relative_strength": -12.8559, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.009646, "energy": 40.082314, "activity_lines": [ 2.033003, 2.064656, 2.092171, 2.07808 ] }, { "date": "2024-11-22", "close": 1.999604, "volume": 21391400, "typical_volume": 20776835.0, "trend": 2.055843, "fair_value": 1.920851, "relative_strength": -12.591912, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.725414, "energy": 53.320782, "activity_lines": [ 2.014766, 2.048262, 2.083784, 2.074502 ] }, { "date": "2024-11-29", "close": 2.018558, "volume": 17975200, "typical_volume": 20703555.0, "trend": 2.058253, "fair_value": 1.922106, "relative_strength": -11.335081, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.647827, "energy": 53.153527, "activity_lines": [ 2.010976, 2.038537, 2.076993, 2.072097 ] }, { "date": "2024-12-06", "close": 2.028035, "volume": 10949000, "typical_volume": 20594345.0, "trend": 2.059133, "fair_value": 1.923473, "relative_strength": -11.948835, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.819482, "energy": 41.611674, "activity_lines": [ 2.014135, 2.031905, 2.071242, 2.070147 ] }, { "date": "2024-12-13", "close": 1.999604, "volume": 11074500, "typical_volume": 20821335.0, "trend": 2.058451, "fair_value": 1.92471, "relative_strength": -13.174598, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.263492, "energy": 33.572974, "activity_lines": [ 2.010976, 2.022474, 2.062747, 2.066307 ] }, { "date": "2024-12-20", "close": 1.980651, "volume": 16622200, "typical_volume": 20847625.0, "trend": 2.057444, "fair_value": 1.925773, "relative_strength": -11.611236, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.05153, "energy": 35.799309, "activity_lines": [ 2.0015, 2.011815, 2.052587, 2.061287 ] }, { "date": "2024-12-27", "close": 2.009081, "volume": 4236700, "typical_volume": 20274985.0, "trend": 2.057693, "fair_value": 1.926761, "relative_strength": -11.306449, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.828314, "energy": 33.298761, "activity_lines": [ 2.002763, 2.008047, 2.045542, 2.058167 ] }, { "date": "2025-01-03", "close": 2.037511, "volume": 8565500, "typical_volume": 19811070.0, "trend": 2.057967, "fair_value": 1.928137, "relative_strength": -10.475295, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.032739, "energy": 31.938344, "activity_lines": [ 2.012872, 2.011493, 2.04139, 2.056865 ] }, { "date": "2025-01-10", "close": 2.018558, "volume": 11195500, "typical_volume": 19511200.0, "trend": 2.059146, "fair_value": 1.929444, "relative_strength": -10.977809, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.605266, "energy": 27.7356, "activity_lines": [ 2.015399, 2.012183, 2.035832, 2.054323 ] }, { "date": "2025-01-17", "close": 1.999604, "volume": 13503200, "typical_volume": 19517050.0, "trend": 2.060309, "fair_value": 1.930423, "relative_strength": -11.736933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.74523, "energy": 25.961733, "activity_lines": [ 2.01224, 2.010459, 2.029223, 2.050481 ] }, { "date": "2025-01-24", "close": 2.009081, "volume": 16998900, "typical_volume": 19571345.0, "trend": 2.061787, "fair_value": 1.931668, "relative_strength": -10.870193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.402591, "energy": 23.016826, "activity_lines": [ 2.01224, 2.010459, 2.024449, 2.047176 ] }, { "date": "2025-01-31", "close": 2.028035, "volume": 10722600, "typical_volume": 19002580.0, "trend": 2.064205, "fair_value": 1.932829, "relative_strength": -10.814569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.185535, "energy": 21.627817, "activity_lines": [ 2.016663, 2.013733, 2.022366, 2.044999 ] }, { "date": "2025-02-07", "close": 2.018558, "volume": 16289100, "typical_volume": 17562140.0, "trend": 2.063232, "fair_value": 1.933981, "relative_strength": -10.973643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.85847, "energy": 21.556979, "activity_lines": [ 2.016663, 2.014767, 2.02009, 2.042054 ] }, { "date": "2025-02-14", "close": 1.999604, "volume": 26597200, "typical_volume": 17275615.0, "trend": 2.06255, "fair_value": 1.934908, "relative_strength": -11.836153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.844778, "energy": 26.855048, "activity_lines": [ 2.011608, 2.012355, 2.016367, 2.037949 ] }, { "date": "2025-02-21", "close": 1.961697, "volume": 22925000, "typical_volume": 16639960.0, "trend": 2.060297, "fair_value": 1.93585, "relative_strength": -14.271324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.582477, "energy": 38.598592, "activity_lines": [ 1.995182, 2.003567, 2.009791, 2.031442 ] }, { "date": "2025-02-28", "close": 1.942743, "volume": 22895200, "typical_volume": 16811310.0, "trend": 2.056182, "fair_value": 1.936568, "relative_strength": -13.971664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.003791, "energy": 60.619219, "activity_lines": [ 1.974964, 1.992023, 2.00217, 2.023858 ] }, { "date": "2025-03-07", "close": 1.961697, "volume": 13965900, "typical_volume": 16949245.0, "trend": 2.053313, "fair_value": 1.937355, "relative_strength": -13.150466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.521987, "energy": 62.190765, "activity_lines": [ 1.965488, 1.984614, 1.996987, 2.017762 ] }, { "date": "2025-03-14", "close": 2.103849, "volume": 36604700, "typical_volume": 17935150.0, "trend": 2.052724, "fair_value": 1.938848, "relative_strength": -4.697607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.240571, "energy": 11.617296, "activity_lines": [ 2.007817, 2.003912, 2.006103, 2.021023 ] }, { "date": "2025-03-21", "close": 2.084895, "volume": 17407500, "typical_volume": 17507965.0, "trend": 2.049658, "fair_value": 1.939807, "relative_strength": -7.439282, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.886882, "energy": 11.558222, "activity_lines": [ 2.038143, 2.018558, 2.013278, 2.023098 ] }, { "date": "2025-03-28", "close": 2.059175, "volume": 28384013, "typical_volume": 17305930.65, "trend": 2.045119, "fair_value": 1.940447, "relative_strength": -9.326113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.472799, "energy": 24.650969, "activity_lines": [ 2.054209, 2.027321, 2.017958, 2.023712 ] }, { "date": "2025-04-04", "close": 2.135588, "volume": 46547952, "typical_volume": 18742563.25, "trend": 2.043128, "fair_value": 1.941783, "relative_strength": -2.165744, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.00208, "energy": 44.081389, "activity_lines": [ 2.089248, 2.048895, 2.029633, 2.029549 ] }, { "date": "2025-04-11", "close": 2.067327, "volume": 78700000, "typical_volume": 21607993.25, "trend": 2.039476, "fair_value": 1.942681, "relative_strength": 3.234802, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.899691, "energy": 48.345066, "activity_lines": [ 2.088677, 2.055757, 2.034159, 2.03111 ] }, { "date": "2025-04-18", "close": 2.155091, "volume": 30083300, "typical_volume": 22213398.25, "trend": 2.041517, "fair_value": 1.943988, "relative_strength": 1.693886, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.407133, "energy": 56.342495, "activity_lines": [ 2.110318, 2.077862, 2.04672, 2.038569 ] }, { "date": "2025-04-25", "close": 2.194097, "volume": 29716900, "typical_volume": 23151793.25, "trend": 2.042706, "fair_value": 1.945441, "relative_strength": 0.830801, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.397451, "energy": 72.589183, "activity_lines": [ 2.141545, 2.104577, 2.062347, 2.048413 ] }, { "date": "2025-05-02", "close": 2.203848, "volume": 19350700, "typical_volume": 23565603.25, "trend": 2.045449, "fair_value": 1.947107, "relative_strength": 0.777252, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.926335, "energy": 71.878811, "activity_lines": [ 2.168743, 2.129528, 2.078111, 2.058809 ] }, { "date": "2025-05-09", "close": 2.2136, "volume": 20473800, "typical_volume": 23758183.25, "trend": 2.050056, "fair_value": 1.949099, "relative_strength": 0.539541, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.993269, "energy": 76.712308, "activity_lines": [ 2.189546, 2.15185, 2.093832, 2.069658 ] }, { "date": "2025-05-16", "close": 2.135588, "volume": 20358900, "typical_volume": 24564293.25, "trend": 2.050524, "fair_value": 1.950486, "relative_strength": -3.341804, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.149363, "energy": 59.202646, "activity_lines": [ 2.179145, 2.155063, 2.101013, 2.075176 ] }, { "date": "2025-05-23", "close": 2.135588, "volume": 14906400, "typical_volume": 24881338.25, "trend": 2.05253, "fair_value": 1.952031, "relative_strength": -2.771637, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.999593, "energy": 41.468032, "activity_lines": [ 2.164192, 2.155114, 2.107592, 2.080664 ] }, { "date": "2025-05-30", "close": 2.145339, "volume": 16793800, "typical_volume": 25161253.25, "trend": 2.05486, "fair_value": 1.95348, "relative_strength": -2.470793, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.718647, "energy": 29.198215, "activity_lines": [ 2.153791, 2.156361, 2.114633, 2.086652 ] }, { "date": "2025-06-06", "close": 2.106333, "volume": 24489200, "typical_volume": 25710553.25, "trend": 2.058418, "fair_value": 1.95489, "relative_strength": -4.970763, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.197658, "energy": 19.950113, "activity_lines": [ 2.133637, 2.149417, 2.117355, 2.089972 ] }, { "date": "2025-06-13", "close": 2.125836, "volume": 18302900, "typical_volume": 25775753.25, "trend": 2.062626, "fair_value": 1.956636, "relative_strength": -3.338999, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.211412, "energy": 19.388572, "activity_lines": [ 2.126486, 2.145162, 2.121427, 2.094322 ] }, { "date": "2025-06-20", "close": 2.174594, "volume": 31694400, "typical_volume": 26824343.25, "trend": 2.068459, "fair_value": 1.958484, "relative_strength": -0.292283, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.269646, "energy": 21.345673, "activity_lines": [ 2.141439, 2.149949, 2.129586, 2.101546 ] }, { "date": "2025-06-27", "close": 2.2136, "volume": 14500737, "typical_volume": 26734925.1, "trend": 2.07496, "fair_value": 1.960635, "relative_strength": -0.514966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.1052, "energy": 33.900866, "activity_lines": [ 2.166793, 2.159878, 2.140762, 2.11091 ] }, { "date": "2025-07-04", "close": 2.164842, "volume": 37860595, "typical_volume": 27298094.85, "trend": 2.07952, "fair_value": 1.962525, "relative_strength": -3.743762, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.182177, "energy": 32.950605, "activity_lines": [ 2.170693, 2.159878, 2.146365, 2.116709 ] }, { "date": "2025-07-11", "close": 2.135588, "volume": 27167400, "typical_volume": 27510214.85, "trend": 2.084053, "fair_value": 1.964123, "relative_strength": -6.565793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.320532, "energy": 32.489154, "activity_lines": [ 2.163542, 2.155091, 2.148396, 2.120326 ] }, { "date": "2025-07-18", "close": 2.135588, "volume": 23203500, "typical_volume": 27525629.85, "trend": 2.089218, "fair_value": 1.965826, "relative_strength": -8.594143, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.893792, "energy": 26.293571, "activity_lines": [ 2.154441, 2.151545, 2.149598, 2.123651 ] }, { "date": "2025-07-25", "close": 2.145339, "volume": 36434100, "typical_volume": 28649039.85, "trend": 2.09376, "fair_value": 1.967275, "relative_strength": -9.441667, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.56634, "energy": 14.865355, "activity_lines": [ 2.14794, 2.15119, 2.150811, 2.127271 ] }, { "date": "2025-08-01", "close": 2.164842, "volume": 33825400, "typical_volume": 28510074.85, "trend": 2.098004, "fair_value": 1.968849, "relative_strength": -5.967115, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.090513, "energy": 16.263803, "activity_lines": [ 2.14989, 2.154204, 2.153007, 2.131857 ] }, { "date": "2025-08-08", "close": 2.184345, "volume": 30352400, "typical_volume": 29157319.85, "trend": 2.10353, "fair_value": 1.970549, "relative_strength": -6.679931, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.786571, "energy": 25.330121, "activity_lines": [ 2.161592, 2.160232, 2.15677, 2.137428 ] }, { "date": "2025-08-15", "close": 2.174594, "volume": 20707000, "typical_volume": 28773469.2, "trend": 2.109363, "fair_value": 1.972238, "relative_strength": -6.505622, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.821475, "energy": 30.102689, "activity_lines": [ 2.168743, 2.163778, 2.159131, 2.142012 ] }, { "date": "2025-08-22", "close": 2.194097, "volume": 24288700, "typical_volume": 27660506.6, "trend": 2.115531, "fair_value": 1.974211, "relative_strength": -5.748458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.191751, "energy": 43.559787, "activity_lines": [ 2.179795, 2.169629, 2.162799, 2.147479 ] }, { "date": "2025-08-29", "close": 2.272109, "volume": 27361996, "typical_volume": 25093606.4, "trend": 2.123666, "fair_value": 1.976789, "relative_strength": -2.416946, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.066552, "energy": 68.3824, "activity_lines": [ 2.21295, 2.188423, 2.173619, 2.157581 ] }, { "date": "2025-09-05", "close": 2.281861, "volume": 19118100, "typical_volume": 24545346.4, "trend": 2.132443, "fair_value": 1.979324, "relative_strength": -2.485124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.81655, "energy": 75.684331, "activity_lines": [ 2.240904, 2.207217, 2.184392, 2.167787 ] }, { "date": "2025-09-12", "close": 2.320867, "volume": 13117500, "typical_volume": 23715376.4, "trend": 2.143152, "fair_value": 1.982268, "relative_strength": -1.398597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.166188, "energy": 83.733473, "activity_lines": [ 2.27406, 2.231862, 2.198276, 2.179943 ] }, { "date": "2025-09-19", "close": 2.272109, "volume": 14816100, "typical_volume": 23488646.4, "trend": 2.153499, "fair_value": 1.984847, "relative_strength": -2.3665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.669752, "energy": 78.340392, "activity_lines": [ 2.281861, 2.244805, 2.206913, 2.188263 ] }, { "date": "2025-09-26", "close": 2.281861, "volume": 14947700, "typical_volume": 23212341.4, "trend": 2.164803, "fair_value": 1.988016, "relative_strength": -0.859514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.961655, "energy": 74.908002, "activity_lines": [ 2.286412, 2.257039, 2.216154, 2.196545 ] }, { "date": "2025-10-03", "close": 2.311115, "volume": 35954400, "typical_volume": 23992116.4, "trend": 2.17645, "fair_value": 1.991425, "relative_strength": -2.677292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.534206, "energy": 71.572139, "activity_lines": [ 2.294863, 2.271932, 2.227856, 2.205984 ] }, { "date": "2025-10-10", "close": 2.320867, "volume": 13921000, "typical_volume": 23942846.4, "trend": 2.183684, "fair_value": 1.995214, "relative_strength": -2.403211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.125182, "energy": 59.503723, "activity_lines": [ 2.303964, 2.285584, 2.23965, 2.215301 ] }, { "date": "2025-10-17", "close": 2.359873, "volume": 19726500, "typical_volume": 24089481.4, "trend": 2.19285, "fair_value": 1.999992, "relative_strength": 1.623659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.510006, "energy": 64.893962, "activity_lines": [ 2.323467, 2.303491, 2.254278, 2.226668 ] }, { "date": "2025-10-24", "close": 2.379376, "volume": 17279500, "typical_volume": 23728996.4, "trend": 2.203523, "fair_value": 2.004261, "relative_strength": 0.444481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.064244, "energy": 74.43881, "activity_lines": [ 2.346871, 2.321753, 2.269741, 2.238702 ] }, { "date": "2025-10-31", "close": 2.34, "volume": 30250900, "typical_volume": 24326396.4, "trend": 2.210337, "fair_value": 2.008551, "relative_strength": -1.164349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.684395, "energy": 62.402936, "activity_lines": [ 2.349998, 2.329133, 2.280154, 2.247507 ] }, { "date": "2025-11-07", "close": 2.28, "volume": 46303000, "typical_volume": 25056826.4, "trend": 2.217426, "fair_value": 2.012292, "relative_strength": -4.962081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.07262, "energy": 46.612854, "activity_lines": [ 2.329249, 2.32295, 2.283833, 2.252002 ] }, { "date": "2025-11-14", "close": 2.26, "volume": 26922800, "typical_volume": 25677929.55, "trend": 2.220923, "fair_value": 2.015743, "relative_strength": -6.787522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.801419, "energy": 28.609217, "activity_lines": [ 2.303908, 2.312988, 2.285105, 2.254748 ] }, { "date": "2025-11-21", "close": 2.21, "volume": 23635700, "typical_volume": 24966684.8, "trend": 2.221453, "fair_value": 2.01871, "relative_strength": -7.149178, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.606494, "energy": 18.731695, "activity_lines": [ 2.265958, 2.294332, 2.281394, 2.254044 ] }, { "date": "2025-11-28", "close": 2.28, "volume": 24856800, "typical_volume": 24851154.8, "trend": 2.223992, "fair_value": 2.022398, "relative_strength": -5.246348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.581239, "energy": 24.3216, "activity_lines": [ 2.261333, 2.290419, 2.284135, 2.257821 ] }, { "date": "2025-12-05", "close": 2.26, "volume": 23331000, "typical_volume": 24857529.8, "trend": 2.225538, "fair_value": 2.025848, "relative_strength": -6.110435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.473461, "energy": 18.889953, "activity_lines": [ 2.256667, 2.282727, 2.284283, 2.260144 ] }, { "date": "2025-12-12", "close": 2.28, "volume": 13281500, "typical_volume": 23699899.8, "trend": 2.230352, "fair_value": 2.029101, "relative_strength": -6.32347, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.086226, "energy": 14.991673, "activity_lines": [ 2.264, 2.279068, 2.285744, 2.263658 ] }, { "date": "2025-12-19", "close": 2.3, "volume": 21876500, "typical_volume": 23102454.8, "trend": 2.235832, "fair_value": 2.032699, "relative_strength": -5.056772, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.837918, "energy": 13.609994, "activity_lines": [ 2.278, 2.279611, 2.288468, 2.268151 ] }, { "date": "2025-12-26", "close": 2.31, "volume": 7308800, "typical_volume": 21950274.8, "trend": 2.241321, "fair_value": 2.036089, "relative_strength": -5.891549, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.418419, "energy": 22.287945, "activity_lines": [ 2.292667, 2.282352, 2.291501, 2.272936 ] }, { "date": "2026-01-02", "close": 2.32, "volume": 8832400, "typical_volume": 21356544.8, "trend": 2.248443, "fair_value": 2.03987, "relative_strength": -5.760625, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.509292, "energy": 31.127363, "activity_lines": [ 2.304, 2.287818, 2.294888, 2.278012 ] }, { "date": "2026-01-09", "close": 2.26, "volume": 33928000, "typical_volume": 21838509.8, "trend": 2.252916, "fair_value": 2.042995, "relative_strength": -9.731519, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 26.365132, "energy": 17.743509, "activity_lines": [ 2.292667, 2.283455, 2.291868, 2.278758 ] }, { "date": "2026-01-16", "close": 2.26, "volume": 18061200, "typical_volume": 21373470.0, "trend": 2.255762, "fair_value": 2.045738, "relative_strength": -11.486505, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.722373, "energy": 10.591345, "activity_lines": [ 2.281333, 2.280545, 2.288535, 2.279215 ] }, { "date": "2026-01-23", "close": 2.26, "volume": 25884700, "typical_volume": 21711800.0, "trend": 2.257309, "fair_value": 2.048047, "relative_strength": -12.040563, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.563385, "energy": 8.6171, "activity_lines": [ 2.271333, 2.278, 2.285259, 2.279488 ] }, { "date": "2026-01-30", "close": 2.24, "volume": 32789200, "typical_volume": 22695385.0, "trend": 2.259814, "fair_value": 2.050065, "relative_strength": -12.840959, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.740897, "energy": 19.543701, "activity_lines": [ 2.257333, 2.271818, 2.280182, 2.278371 ] }, { "date": "2026-02-06", "close": 2.25, "volume": 25721800, "typical_volume": 23240670.0, "trend": 2.263628, "fair_value": 2.05269, "relative_strength": -12.757556, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.260811, "energy": 33.036177, "activity_lines": [ 2.251333, 2.266909, 2.276443, 2.277738 ] }, { "date": "2026-02-13", "close": 2.26, "volume": 30239000, "typical_volume": 24005235.0, "trend": 2.267775, "fair_value": 2.055543, "relative_strength": -12.242337, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.108232, "energy": 32.533558, "activity_lines": [ 2.253333, 2.264364, 2.273762, 2.277504 ] }, { "date": "2026-02-20", "close": 2.27, "volume": 9751700, "typical_volume": 22695100.0, "trend": 2.271931, "fair_value": 2.058079, "relative_strength": -13.106443, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.101598, "energy": 23.409044, "activity_lines": [ 2.258667, 2.263636, 2.272137, 2.277648 ] }, { "date": "2026-02-27", "close": 2.29, "volume": 26764900, "typical_volume": 23337295.0, "trend": 2.276102, "fair_value": 2.060743, "relative_strength": -11.814412, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.230827, "energy": 2.383714, "activity_lines": [ 2.27, 2.266727, 2.272613, 2.278813 ] }, { "date": "2026-03-06", "close": 2.25, "volume": 37753600, "typical_volume": 24238650.0, "trend": 2.278291, "fair_value": 2.063422, "relative_strength": -10.608363, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.719141, "energy": 16.525363, "activity_lines": [ 2.266, 2.262727, 2.269426, 2.277129 ] }, { "date": "2026-03-13", "close": 2.21, "volume": 32920800, "typical_volume": 25020715.0, "trend": 2.279471, "fair_value": 2.065411, "relative_strength": -11.788344, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.507831, "energy": 31.482813, "activity_lines": [ 2.248, 2.252545, 2.262952, 2.272724 ] }, { "date": "2026-03-20", "close": 2.25, "volume": 16599000, "typical_volume": 24338120.0, "trend": 2.281335, "fair_value": 2.06771, "relative_strength": -11.876206, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.845976, "energy": 30.348166, "activity_lines": [ 2.246, 2.251636, 2.261095, 2.270822 ] }, { "date": "2026-03-27", "close": 2.18, "volume": 24152600, "typical_volume": 23230600.0, "trend": 2.278264, "fair_value": 2.069234, "relative_strength": -13.497884, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.677527, "energy": 61.101662, "activity_lines": [ 2.221333, 2.238182, 2.253, 2.264284 ] }, { "date": "2026-04-03", "close": 2.2, "volume": 15652700, "typical_volume": 22667095.0, "trend": 2.275536, "fair_value": 2.070886, "relative_strength": -13.206209, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.005652, "energy": 60.483522, "activity_lines": [ 2.209333, 2.229818, 2.247286, 2.259235 ] }, { "date": "2026-04-10", "close": 2.24, "volume": 22079200, "typical_volume": 22589270.0, "trend": 2.27284, "fair_value": 2.072469, "relative_strength": -11.908825, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.744077, "energy": 46.755331, "activity_lines": [ 2.216667, 2.229818, 2.245667, 2.256943 ] }, { "date": "2026-04-17", "close": 2.29, "volume": 21986132, "typical_volume": 22445736.6, "trend": 2.273436, "fair_value": 2.07459, "relative_strength": -9.683371, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.664649, "energy": 16.854841, "activity_lines": [ 2.241333, 2.238909, 2.248667, 2.25805 ] }, { "date": "2026-04-24", "close": 2.32, "volume": 26317800, "typical_volume": 22595076.6, "trend": 2.274708, "fair_value": 2.077446, "relative_strength": -6.74241, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.947929, "energy": 12.047963, "activity_lines": [ 2.270667, 2.252727, 2.254476, 2.261054 ] }, { "date": "2026-05-01", "close": 2.34, "volume": 27769200, "typical_volume": 23319461.6, "trend": 2.275671, "fair_value": 2.080374, "relative_strength": -5.395125, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.113549, "energy": 33.141877, "activity_lines": [ 2.302, 2.269091, 2.261905, 2.265266 ] }, { "date": "2026-05-08", "close": 2.26, "volume": 23448300, "typical_volume": 23398051.6, "trend": 2.273642, "fair_value": 2.082453, "relative_strength": -8.408956, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 13.404724, "energy": 24.47056, "activity_lines": [ 2.296, 2.269636, 2.261429, 2.264255 ] }, { "date": "2026-05-15", "close": 2.23, "volume": 13968400, "typical_volume": 23731031.6, "trend": 2.269313, "fair_value": 2.084284, "relative_strength": -10.495249, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -1.89854, "energy": 11.502632, "activity_lines": [ 2.276, 2.265273, 2.258286, 2.26144 ] }, { "date": "2026-05-22", "close": 2.26, "volume": 21826300, "typical_volume": 24380726.6, "trend": 2.265333, "fair_value": 2.086698, "relative_strength": -10.346778, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.138277, "energy": 4.325131, "activity_lines": [ 2.266667, 2.266727, 2.258381, 2.260839 ] }, { "date": "2026-05-29", "close": 2.27, "volume": 16688300, "typical_volume": 23518741.6, "trend": 2.263, "fair_value": 2.089121, "relative_strength": -9.056121, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.293053, "energy": 9.014391, "activity_lines": [ 2.262667, 2.269091, 2.259714, 2.26114 ] }, { "date": "2026-06-05", "close": 2.27, "volume": 6189700, "typical_volume": 22925166.6, "trend": 2.262667, "fair_value": 2.091432, "relative_strength": -8.970633, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.508601, "energy": 8.699277, "activity_lines": [ 2.262, 2.271091, 2.261, 2.261591 ] }, { "date": "2026-06-12", "close": 2.27, "volume": 6818300, "typical_volume": 21971846.6, "trend": 2.263, "fair_value": 2.093575, "relative_strength": -8.20477, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.554457, "energy": 1.574102, "activity_lines": [ 2.266, 2.271455, 2.262238, 2.262065 ] }, { "date": "2026-06-19", "close": 2.24, "volume": 13414600, "typical_volume": 21003116.6, "trend": 2.264, "fair_value": 2.095805, "relative_strength": -11.886506, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.357194, "energy": 7.67836, "activity_lines": [ 2.259333, 2.265091, 2.260571, 2.260581 ] }, { "date": "2026-06-26", "close": 2.29, "volume": 4647000, "typical_volume": 19949376.6, "trend": 2.264333, "fair_value": 2.098244, "relative_strength": -9.486757, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.358099, "energy": 9.186224, "activity_lines": [ 2.268667, 2.267818, 2.263667, 2.262258 ] }, { "date": "2026-07-03", "close": 2.25, "volume": 6117600, "typical_volume": 18743306.6, "trend": 2.264, "fair_value": 2.100707, "relative_strength": -11.574064, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.26506, "energy": 8.715369, "activity_lines": [ 2.262667, 2.263273, 2.262762, 2.261333 ] }, { "date": "2026-07-10", "close": 2.25, "volume": 30497700, "typical_volume": 19780606.6, "trend": 2.263, "fair_value": 2.102778, "relative_strength": -14.83699, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.501144, "energy": 15.13328, "activity_lines": [ 2.258, 2.26, 2.261905, 2.26043 ] }, { "date": "2026-07-17", "close": 2.26, "volume": 19982000, "typical_volume": 19441461.6, "trend": 2.261667, "fair_value": 2.104968, "relative_strength": -14.743865, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.559501, "energy": 5.583993, "activity_lines": [ 2.258, 2.260182, 2.262095, 2.260237 ] }, { "date": "2026-07-24", "close": 2.27, "volume": 23235700, "typical_volume": 18715566.6, "trend": 2.260333, "fair_value": 2.107335, "relative_strength": -15.246294, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.430683, "energy": 8.541179, "activity_lines": [ 2.262, 2.262182, 2.263381, 2.260774 ] }, { "date": "2026-07-31", "close": 2.27, "volume": 20823100, "typical_volume": 18110681.6, "trend": 2.258667, "fair_value": 2.109702, "relative_strength": -15.451173, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.966481, "energy": 12.74053, "activity_lines": [ 2.264, 2.263455, 2.264571, 2.261398 ] }, { "date": "2026-08-07", "close": 2.21, "volume": 31789300, "typical_volume": 18870196.6, "trend": 2.257, "fair_value": 2.111684, "relative_strength": -18.276439, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.995875, "energy": 18.343474, "activity_lines": [ 2.247333, 2.253636, 2.259762, 2.258258 ] } ], "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." } } }