{ "ticker": { "uuid": "a17a8c73-98f5-463f-8877-54b3f1b26286", "symbol": "ALMAR", "name": "Mare Nostrum SA", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 93.223, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -12.223, "architecture_energy": 15.511, "architecture_maturity": 10.779, "architecture_confidence": 55.041, "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": 53.37, "rotation_up": 21.43, "upward_expansion": 25.03, "deceleration": 58.44, "rotation_down": 42.67, "downward_expansion": 32.03 }, "activity_lines": [ 0.5724, 0.575345, 0.594076, 0.590282 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 0.58, "trend_reference": 0.5857, "distance_from_trend": -0.009732, "trend_direction": "Improving", "fair_value": 0.573135, "distance_from_fair_value": 0.011979, "fair_value_direction": "Weakening", "relative_strength": 3.110877, "relative_strength_direction": "Weakening", "price_momentum": 0.074074, "excess_performance": 0.020763, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.009732, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.156824, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.011979, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.026746, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.031109, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.104281, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.074074, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.789271, "read": "Demand-led" } ], "volume": { "latest": 23446, "relative_activity": 0.258003, "balance": 2.789271, "dry_up": 0.216217, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.086472, "annualized_volatility": 0.56202, "from_high_reference": -0.447619, "from_low_reference": 1.0 }, "levels": { "trend_reference": 0.5857, "fair_value_reference": 0.573135, "structural_low": 0.45, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": -0.045902, "positive_rate": 0.294118, "directional_follow_through": 0.294118, "median_excess_return": -0.071536, "regime_survival": 0.529412, "best_return": 0.575563, "worst_return": -0.438017, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.059992, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.086389, "regime_survival": 0.125, "best_return": 0.141818, "worst_return": -0.518828, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.091195, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.152414, "regime_survival": 0.0, "best_return": 0.729167, "worst_return": -0.621339, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.134651, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.141717, "regime_survival": 0.25, "best_return": 0.354167, "worst_return": -0.788703, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.13494, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": -0.087324, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-05-16", "tenure": "Established", "return": -0.163934, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-23", "end": "2025-05-23", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": -0.097297, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": 0.575563, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-09-12", "tenure": "Developing", "return": -0.132492, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-19", "end": "2025-10-10", "tenure": "New", "return": -0.056604, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-17", "end": "2026-01-16", "tenure": "Established", "return": 0.042644, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": -0.236111, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-04-24", "tenure": "Developing", "return": 0.134545, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-03", "tenure": "Developing", "return": -0.085714, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.074074, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 0.9, "volume": 805, "typical_volume": 12704.2, "trend": 1.691167, "fair_value": 2.740096, "relative_strength": -58.937178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.807293, "energy": 72.131783, "activity_lines": [ 0.853, 0.838545, 1.019095, 1.308237 ] }, { "date": "2023-08-25", "close": 0.895, "volume": 3840, "typical_volume": 12498.85, "trend": 1.640667, "fair_value": 2.725321, "relative_strength": -58.723341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.465973, "energy": 62.615294, "activity_lines": [ 0.87, 0.847182, 0.981167, 1.256871 ] }, { "date": "2023-09-01", "close": 0.96, "volume": 12232, "typical_volume": 12813.15, "trend": 1.592, "fair_value": 2.71109, "relative_strength": -55.192843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.355406, "energy": 50.626451, "activity_lines": [ 0.907, 0.869909, 0.95669, 1.212957 ] }, { "date": "2023-09-08", "close": 0.905, "volume": 6557, "typical_volume": 12208.25, "trend": 1.540833, "fair_value": 2.696827, "relative_strength": -56.570842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.033373, "energy": 46.538661, "activity_lines": [ 0.912667, 0.881727, 0.933357, 1.168634 ] }, { "date": "2023-09-15", "close": 0.915, "volume": 2726, "typical_volume": 11385.6, "trend": 1.491333, "fair_value": 2.682885, "relative_strength": -56.034388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.970616, "energy": 43.474867, "activity_lines": [ 0.917667, 0.892909, 0.917429, 1.128258 ] }, { "date": "2023-09-22", "close": 0.91, "volume": 571, "typical_volume": 9629.95, "trend": 1.417667, "fair_value": 2.668974, "relative_strength": -54.094122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.407478, "energy": 39.171634, "activity_lines": [ 0.916, 0.899273, 0.907238, 1.090753 ] }, { "date": "2023-09-29", "close": 0.9, "volume": 4451, "typical_volume": 9147.5, "trend": 1.358333, "fair_value": 2.655769, "relative_strength": -53.164113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.875259, "energy": 37.751967, "activity_lines": [ 0.910333, 0.902818, 0.898238, 1.057355 ] }, { "date": "2023-10-06", "close": 0.875, "volume": 3199, "typical_volume": 8387.05, "trend": 1.307833, "fair_value": 2.641827, "relative_strength": -52.879205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.752186, "energy": 40.909463, "activity_lines": [ 0.896, 0.901273, 0.889286, 1.026172 ] }, { "date": "2023-10-13", "close": 0.79, "volume": 5398, "typical_volume": 8027.85, "trend": 1.2575, "fair_value": 2.627981, "relative_strength": -56.011573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.671846, "energy": 50.259716, "activity_lines": [ 0.859, 0.882273, 0.876024, 0.992763 ] }, { "date": "2023-10-20", "close": 0.85, "volume": 50895, "typical_volume": 9327.75, "trend": 1.2055, "fair_value": 2.614519, "relative_strength": -50.202221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.264634, "energy": 38.551203, "activity_lines": [ 0.849667, 0.875182, 0.871333, 0.966473 ] }, { "date": "2023-10-27", "close": 0.83, "volume": 21166, "typical_volume": 9942.85, "trend": 1.1565, "fair_value": 2.604006, "relative_strength": -50.198238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.184657, "energy": 40.484148, "activity_lines": [ 0.838, 0.864273, 0.866452, 0.942247 ] }, { "date": "2023-11-03", "close": 0.805, "volume": 13707, "typical_volume": 9010.8, "trend": 1.102667, "fair_value": 2.591987, "relative_strength": -52.41616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.253728, "energy": 40.686459, "activity_lines": [ 0.823333, 0.850091, 0.860714, 0.91957 ] }, { "date": "2023-11-10", "close": 0.78, "volume": 5803, "typical_volume": 9138.5, "trend": 1.052, "fair_value": 2.578974, "relative_strength": -52.776443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.000085, "energy": 40.008269, "activity_lines": [ 0.806667, 0.833, 0.853619, 0.898753 ] }, { "date": "2023-11-17", "close": 0.795, "volume": 3420, "typical_volume": 8317.3, "trend": 1.003167, "fair_value": 2.56516, "relative_strength": -52.065888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.00372, "energy": 37.903762, "activity_lines": [ 0.801333, 0.821909, 0.848571, 0.882172 ] }, { "date": "2023-11-24", "close": 0.82, "volume": 66695, "typical_volume": 11033.25, "trend": 0.9565, "fair_value": 2.551314, "relative_strength": -49.845173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.941162, "energy": 32.068871, "activity_lines": [ 0.804, 0.817364, 0.845786, 0.870355 ] }, { "date": "2023-12-01", "close": 0.8, "volume": 4872, "typical_volume": 11142.25, "trend": 0.937833, "fair_value": 2.536827, "relative_strength": -50.119174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.108272, "energy": 31.089199, "activity_lines": [ 0.802, 0.810909, 0.840524, 0.860258 ] }, { "date": "2023-12-08", "close": 0.7, "volume": 32417, "typical_volume": 12506.9, "trend": 0.914167, "fair_value": 2.521378, "relative_strength": -56.329538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.712211, "energy": 38.922427, "activity_lines": [ 0.768667, 0.788273, 0.826, 0.844914 ] }, { "date": "2023-12-15", "close": 0.72, "volume": 11313, "typical_volume": 12734.3, "trend": 0.8825, "fair_value": 2.505929, "relative_strength": -54.204264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.586578, "energy": 38.763261, "activity_lines": [ 0.749, 0.772909, 0.81419, 0.832387 ] }, { "date": "2023-12-22", "close": 0.7, "volume": 12552, "typical_volume": 13330.25, "trend": 0.8595, "fair_value": 2.490417, "relative_strength": -54.051936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.802913, "energy": 51.965644, "activity_lines": [ 0.726667, 0.756727, 0.80069, 0.820613 ] }, { "date": "2023-12-29", "close": 0.73, "volume": 22128, "typical_volume": 14237.35, "trend": 0.8435, "fair_value": 2.47516, "relative_strength": -50.612626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.107579, "energy": 49.418117, "activity_lines": [ 0.720667, 0.747636, 0.790738, 0.812258 ] }, { "date": "2024-01-05", "close": 0.73, "volume": 0, "typical_volume": 14197.1, "trend": 0.8295, "fair_value": 2.459647, "relative_strength": -48.451697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.852404, "energy": 40.06609, "activity_lines": [ 0.720667, 0.740727, 0.78131, 0.804935 ] }, { "date": "2024-01-12", "close": 0.73, "volume": 0, "typical_volume": 14005.1, "trend": 0.819833, "fair_value": 2.444006, "relative_strength": -47.420974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.459032, "energy": 33.4344, "activity_lines": [ 0.725333, 0.735636, 0.77269, 0.798516 ] }, { "date": "2024-01-19", "close": 0.73, "volume": 0, "typical_volume": 13393.5, "trend": 0.813833, "fair_value": 2.428878, "relative_strength": -45.408881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.913229, "energy": 36.185078, "activity_lines": [ 0.728, 0.731909, 0.764857, 0.79272 ] }, { "date": "2024-01-26", "close": 0.73, "volume": 0, "typical_volume": 13065.65, "trend": 0.8125, "fair_value": 2.412788, "relative_strength": -45.886537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.102203, "energy": 39.007469, "activity_lines": [ 0.73, 0.729091, 0.758119, 0.787312 ] }, { "date": "2024-02-02", "close": 0.53, "volume": 21705, "typical_volume": 14014.6, "trend": 0.806833, "fair_value": 2.394199, "relative_strength": -59.323554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.123708, "energy": 74.44888, "activity_lines": [ 0.663333, 0.691091, 0.733167, 0.769086 ] }, { "date": "2024-02-09", "close": 0.5, "volume": 10801, "typical_volume": 14526.1, "trend": 0.795, "fair_value": 2.376122, "relative_strength": -60.683589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.897981, "energy": 87.182756, "activity_lines": [ 0.6, 0.652909, 0.70719, 0.74929 ] }, { "date": "2024-02-16", "close": 0.52, "volume": 6145, "typical_volume": 14610.8, "trend": 0.783333, "fair_value": 2.35734, "relative_strength": -58.499722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.773854, "energy": 88.786789, "activity_lines": [ 0.558667, 0.623818, 0.685071, 0.731548 ] }, { "date": "2024-02-23", "close": 0.525, "volume": 2533, "typical_volume": 14577.5, "trend": 0.775333, "fair_value": 2.339295, "relative_strength": -57.268824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.118147, "energy": 89.13935, "activity_lines": [ 0.533, 0.598909, 0.665238, 0.714882 ] }, { "date": "2024-03-01", "close": 0.496, "volume": 3338, "typical_volume": 14474.5, "trend": 0.7637, "fair_value": 2.321321, "relative_strength": -57.876394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.920263, "energy": 90.028866, "activity_lines": [ 0.511333, 0.572273, 0.64431, 0.69686 ] }, { "date": "2024-03-08", "close": 0.505, "volume": 949, "typical_volume": 11977.2, "trend": 0.752533, "fair_value": 2.302763, "relative_strength": -56.087896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.780042, "energy": 88.404893, "activity_lines": [ 0.508267, 0.550982, 0.625638, 0.68017 ] }, { "date": "2024-03-15", "close": 0.48, "volume": 1082, "typical_volume": 10973.0, "trend": 0.738533, "fair_value": 2.284686, "relative_strength": -57.395543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.593803, "energy": 90.036531, "activity_lines": [ 0.498533, 0.529236, 0.606229, 0.662587 ] }, { "date": "2024-03-22", "close": 0.48, "volume": 2899, "typical_volume": 10432.6, "trend": 0.7247, "fair_value": 2.265904, "relative_strength": -55.567958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.206735, "energy": 79.676318, "activity_lines": [ 0.490133, 0.512036, 0.588486, 0.645908 ] }, { "date": "2024-03-29", "close": 0.45, "volume": 5943, "typical_volume": 10439.6, "trend": 0.7077, "fair_value": 2.246865, "relative_strength": -57.000745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.350648, "energy": 86.460605, "activity_lines": [ 0.4744, 0.493927, 0.569433, 0.628185 ] }, { "date": "2024-04-05", "close": 0.45, "volume": 1386, "typical_volume": 10337.9, "trend": 0.692533, "fair_value": 2.229045, "relative_strength": -54.339594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.6317, "energy": 69.489334, "activity_lines": [ 0.463667, 0.480909, 0.551952, 0.611559 ] }, { "date": "2024-04-12", "close": 0.42, "volume": 10198, "typical_volume": 7513.05, "trend": 0.676033, "fair_value": 2.210135, "relative_strength": -55.334445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.444956, "energy": 70.01423, "activity_lines": [ 0.446, 0.467527, 0.533257, 0.593976 ] }, { "date": "2024-04-19", "close": 0.46, "volume": 6784, "typical_volume": 7608.65, "trend": 0.661033, "fair_value": 2.192571, "relative_strength": -49.143788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.126741, "energy": 63.705709, "activity_lines": [ 0.447333, 0.463418, 0.520276, 0.580039 ] }, { "date": "2024-04-26", "close": 0.47, "volume": 2487, "typical_volume": 6112.15, "trend": 0.6467, "fair_value": 2.173147, "relative_strength": -46.278262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.950443, "energy": 56.409261, "activity_lines": [ 0.453333, 0.461855, 0.509867, 0.567714 ] }, { "date": "2024-05-03", "close": 0.48, "volume": 725, "typical_volume": 5582.75, "trend": 0.633533, "fair_value": 2.153981, "relative_strength": -42.991204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.926049, "energy": 58.035732, "activity_lines": [ 0.463333, 0.463018, 0.501505, 0.556959 ] }, { "date": "2024-05-10", "close": 0.708, "volume": 230428, "typical_volume": 16476.55, "trend": 0.6308, "fair_value": 2.136724, "relative_strength": -17.019289, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -1.668711, "energy": 12.916262, "activity_lines": [ 0.547333, 0.506455, 0.516, 0.561763 ] }, { "date": "2024-05-17", "close": 0.65, "volume": 39309, "typical_volume": 17335.6, "trend": 0.624133, "fair_value": 2.119737, "relative_strength": -21.244439, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 5.927952, "energy": 21.817218, "activity_lines": [ 0.5948, 0.535491, 0.524933, 0.563002 ] }, { "date": "2024-05-24", "close": 0.72, "volume": 39509, "typical_volume": 19311.05, "trend": 0.620467, "fair_value": 2.102622, "relative_strength": -10.257044, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.336649, "energy": 38.451522, "activity_lines": [ 0.650267, 0.574618, 0.540914, 0.569187 ] }, { "date": "2024-05-31", "close": 0.68, "volume": 2812, "typical_volume": 19451.65, "trend": 0.6163, "fair_value": 2.086083, "relative_strength": -12.783465, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.601534, "energy": 38.25475, "activity_lines": [ 0.675067, 0.602109, 0.553133, 0.573028 ] }, { "date": "2024-06-07", "close": 0.7, "volume": 6076, "typical_volume": 19755.45, "trend": 0.613633, "fair_value": 2.069417, "relative_strength": -9.028039, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.871586, "energy": 51.042674, "activity_lines": [ 0.692533, 0.6296, 0.567495, 0.578428 ] }, { "date": "2024-06-14", "close": 0.55, "volume": 5880, "typical_volume": 20049.45, "trend": 0.605467, "fair_value": 2.052365, "relative_strength": -22.772935, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.022314, "energy": 21.099191, "activity_lines": [ 0.645333, 0.625273, 0.567714, 0.574323 ] }, { "date": "2024-06-21", "close": 0.463, "volume": 11980, "typical_volume": 19563.2, "trend": 0.593567, "fair_value": 2.035462, "relative_strength": -35.185479, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -18.858163, "energy": 10.790147, "activity_lines": [ 0.579667, 0.603309, 0.560505, 0.565131 ] }, { "date": "2024-06-28", "close": 0.48, "volume": 998, "typical_volume": 19073.05, "trend": 0.5829, "fair_value": 2.016615, "relative_strength": -30.899659, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.289945, "energy": 20.420989, "activity_lines": [ 0.532133, 0.583655, 0.555233, 0.557804 ] }, { "date": "2024-07-05", "close": 0.423, "volume": 3732, "typical_volume": 18952.4, "trend": 0.573667, "fair_value": 1.99875, "relative_strength": -40.124997, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.984075, "energy": 38.397593, "activity_lines": [ 0.4816, 0.553273, 0.544629, 0.547488 ] }, { "date": "2024-07-12", "close": 0.351, "volume": 5518, "typical_volume": 19101.65, "trend": 0.561367, "fair_value": 1.98209, "relative_strength": -49.891644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.801064, "energy": 57.886019, "activity_lines": [ 0.4242, 0.510655, 0.527629, 0.533123 ] }, { "date": "2024-07-19", "close": 0.366, "volume": 16276, "typical_volume": 19748.55, "trend": 0.550233, "fair_value": 1.965205, "relative_strength": -45.644796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.47676, "energy": 65.880543, "activity_lines": [ 0.395067, 0.473109, 0.512886, 0.520518 ] }, { "date": "2024-07-26", "close": 0.38, "volume": 134, "typical_volume": 19707.8, "trend": 0.538567, "fair_value": 1.947064, "relative_strength": -42.801984, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.436713, "energy": 63.420531, "activity_lines": [ 0.382867, 0.444327, 0.500095, 0.509535 ] }, { "date": "2024-08-02", "close": 0.401, "volume": 3183, "typical_volume": 19812.85, "trend": 0.5276, "fair_value": 1.93034, "relative_strength": -36.597201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.626038, "energy": 55.312631, "activity_lines": [ 0.3832, 0.424273, 0.4899, 0.50066 ] }, { "date": "2024-08-09", "close": 0.46, "volume": 7370, "typical_volume": 20036.4, "trend": 0.5186, "fair_value": 1.914058, "relative_strength": -26.61998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.98519, "energy": 55.062067, "activity_lines": [ 0.408467, 0.420745, 0.4857, 0.496299 ] }, { "date": "2024-08-16", "close": 0.47, "volume": 4094, "typical_volume": 19943.95, "trend": 0.509933, "fair_value": 1.897712, "relative_strength": -25.801405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.085198, "energy": 32.976011, "activity_lines": [ 0.4346, 0.423036, 0.482548, 0.493163 ] }, { "date": "2024-08-23", "close": 0.435, "volume": 1550, "typical_volume": 19952.15, "trend": 0.5001, "fair_value": 1.880628, "relative_strength": -31.451734, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.990702, "energy": 30.082687, "activity_lines": [ 0.441133, 0.423145, 0.475967, 0.488329 ] }, { "date": "2024-08-30", "close": 0.44, "volume": 1561, "typical_volume": 19520.3, "trend": 0.4971, "fair_value": 1.863449, "relative_strength": -29.965179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.673602, "energy": 30.036459, "activity_lines": [ 0.444733, 0.426255, 0.469933, 0.484452 ] }, { "date": "2024-09-06", "close": 0.42, "volume": 880, "typical_volume": 19225.1, "trend": 0.494433, "fair_value": 1.846974, "relative_strength": -29.497378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.23812, "energy": 23.507119, "activity_lines": [ 0.437667, 0.426145, 0.4619, 0.479477 ] }, { "date": "2024-09-13", "close": 0.4, "volume": 1756, "typical_volume": 19188.55, "trend": 0.490433, "fair_value": 1.829923, "relative_strength": -32.746479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.076811, "energy": 49.486587, "activity_lines": [ 0.422667, 0.423491, 0.452152, 0.473385 ] }, { "date": "2024-09-20", "close": 0.4, "volume": 8036, "typical_volume": 19554.1, "trend": 0.486267, "fair_value": 1.812551, "relative_strength": -31.854306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.701137, "energy": 66.266728, "activity_lines": [ 0.411667, 0.421255, 0.442738, 0.467551 ] }, { "date": "2024-09-27", "close": 0.39, "volume": 2068, "typical_volume": 8136.1, "trend": 0.482733, "fair_value": 1.793962, "relative_strength": -34.825371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.084698, "energy": 74.906343, "activity_lines": [ 0.402, 0.416309, 0.432752, 0.46134 ] }, { "date": "2024-10-04", "close": 0.38, "volume": 1521, "typical_volume": 6246.7, "trend": 0.478567, "fair_value": 1.776141, "relative_strength": -33.156696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.804968, "energy": 80.240012, "activity_lines": [ 0.392, 0.409109, 0.423329, 0.454712 ] }, { "date": "2024-10-11", "close": 0.36, "volume": 7800, "typical_volume": 4661.25, "trend": 0.474567, "fair_value": 1.758385, "relative_strength": -35.912541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.77484, "energy": 87.583396, "activity_lines": [ 0.379333, 0.398273, 0.413286, 0.447062 ] }, { "date": "2024-10-18", "close": 0.33, "volume": 12942, "typical_volume": 5167.75, "trend": 0.469567, "fair_value": 1.739538, "relative_strength": -40.263685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.689679, "energy": 95.23883, "activity_lines": [ 0.360667, 0.382727, 0.4021, 0.437735 ] }, { "date": "2024-10-25", "close": 0.31, "volume": 6907, "typical_volume": 5209.3, "trend": 0.4649, "fair_value": 1.721397, "relative_strength": -41.772745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.402393, "energy": 95.084099, "activity_lines": [ 0.34, 0.365909, 0.390676, 0.427441 ] }, { "date": "2024-11-01", "close": 0.3, "volume": 3054, "typical_volume": 5068.0, "trend": 0.4599, "fair_value": 1.702936, "relative_strength": -41.816656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.940058, "energy": 94.38561, "activity_lines": [ 0.322, 0.350182, 0.380157, 0.416802 ] }, { "date": "2024-11-08", "close": 0.27, "volume": 3495, "typical_volume": 4643.75, "trend": 0.4549, "fair_value": 1.684154, "relative_strength": -46.029854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.76111, "energy": 96.41292, "activity_lines": [ 0.3, 0.331455, 0.367971, 0.404551 ] }, { "date": "2024-11-15", "close": 0.28, "volume": 8422, "typical_volume": 5014.95, "trend": 0.4489, "fair_value": 1.665756, "relative_strength": -42.33828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.702409, "energy": 89.577873, "activity_lines": [ 0.288667, 0.317636, 0.357657, 0.393267 ] }, { "date": "2024-11-22", "close": 0.25, "volume": 2667, "typical_volume": 4961.7, "trend": 0.441567, "fair_value": 1.647808, "relative_strength": -47.227811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.444339, "energy": 93.359219, "activity_lines": [ 0.272667, 0.300909, 0.345438, 0.380434 ] }, { "date": "2024-11-29", "close": 0.202, "volume": 6807, "typical_volume": 5026.15, "trend": 0.4323, "fair_value": 1.629872, "relative_strength": -56.198128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.897886, "energy": 92.5772, "activity_lines": [ 0.246, 0.278182, 0.329471, 0.364978 ] }, { "date": "2024-12-06", "close": 0.24, "volume": 2764, "typical_volume": 4350.55, "trend": 0.4167, "fair_value": 1.612051, "relative_strength": -48.356341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.240557, "energy": 68.095275, "activity_lines": [ 0.2392, 0.265964, 0.317833, 0.352572 ] }, { "date": "2024-12-13", "close": 0.41, "volume": 29571, "typical_volume": 5822.4, "trend": 0.4087, "fair_value": 1.596154, "relative_strength": -10.484228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.098732, "energy": 36.847354, "activity_lines": [ 0.293067, 0.287382, 0.322986, 0.35214 ] }, { "date": "2024-12-20", "close": 0.39, "volume": 19390, "typical_volume": 6632.75, "trend": 0.3977, "fair_value": 1.58, "relative_strength": -12.207892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.734307, "energy": 16.039656, "activity_lines": [ 0.330933, 0.304618, 0.32609, 0.350933 ] }, { "date": "2024-12-27", "close": 0.83, "volume": 127914, "typical_volume": 12659.95, "trend": 0.4027, "fair_value": 1.566923, "relative_strength": 83.854637, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.465847, "energy": 50.458547, "activity_lines": [ 0.508133, 0.401309, 0.371152, 0.378824 ] }, { "date": "2025-01-03", "close": 0.85, "volume": 37604, "typical_volume": 14335.45, "trend": 0.4077, "fair_value": 1.552756, "relative_strength": 89.08907, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 63.282785, "energy": 63.608456, "activity_lines": [ 0.653333, 0.492545, 0.416357, 0.407682 ] }, { "date": "2025-01-10", "close": 0.718, "volume": 20172, "typical_volume": 15266.55, "trend": 0.4133, "fair_value": 1.53691, "relative_strength": 56.582763, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.684995, "energy": 84.151432, "activity_lines": [ 0.711333, 0.549964, 0.447181, 0.427701 ] }, { "date": "2025-01-17", "close": 0.71, "volume": 2773, "typical_volume": 15327.15, "trend": 0.421533, "fair_value": 1.521077, "relative_strength": 49.564004, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.691135, "energy": 85.980003, "activity_lines": [ 0.7348, 0.598327, 0.475895, 0.446843 ] }, { "date": "2025-01-24", "close": 0.73, "volume": 29257, "typical_volume": 16746.0, "trend": 0.429867, "fair_value": 1.506526, "relative_strength": 49.716438, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.355672, "energy": 79.262897, "activity_lines": [ 0.744933, 0.642327, 0.505229, 0.466744 ] }, { "date": "2025-01-31", "close": 0.728, "volume": 5357, "typical_volume": 16926.05, "trend": 0.440033, "fair_value": 1.492474, "relative_strength": 47.876545, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.877736, "energy": 54.522221, "activity_lines": [ 0.731733, 0.677782, 0.532895, 0.485978 ] }, { "date": "2025-02-07", "close": 0.648, "volume": 13268, "typical_volume": 17187.65, "trend": 0.449933, "fair_value": 1.477846, "relative_strength": 30.604349, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.562589, "energy": 44.99227, "activity_lines": [ 0.698667, 0.69, 0.551381, 0.499396 ] }, { "date": "2025-02-14", "close": 0.61, "volume": 5878, "typical_volume": 17378.15, "trend": 0.458067, "fair_value": 1.463231, "relative_strength": 19.573556, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.844645, "energy": 33.771496, "activity_lines": [ 0.6664, 0.6872, 0.565067, 0.509723 ] }, { "date": "2025-02-21", "close": 0.82, "volume": 40432, "typical_volume": 19323.7, "trend": 0.472733, "fair_value": 1.449962, "relative_strength": 59.507515, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.29279, "energy": 37.861532, "activity_lines": [ 0.711333, 0.715855, 0.597705, 0.533073 ] }, { "date": "2025-02-28", "close": 0.61, "volume": 17795, "typical_volume": 19823.45, "trend": 0.4797, "fair_value": 1.436436, "relative_strength": 18.825444, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.621099, "energy": 25.510507, "activity_lines": [ 0.678933, 0.698873, 0.608248, 0.541929 ] }, { "date": "2025-03-07", "close": 0.622, "volume": 4132, "typical_volume": 19382.95, "trend": 0.4851, "fair_value": 1.424974, "relative_strength": 20.524849, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.206869, "energy": 22.114001, "activity_lines": [ 0.658533, 0.680073, 0.618743, 0.55111 ] }, { "date": "2025-03-14", "close": 0.61, "volume": 5771, "typical_volume": 19326.15, "trend": 0.489767, "fair_value": 1.412218, "relative_strength": 18.943079, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.472428, "energy": 20.434183, "activity_lines": [ 0.6412, 0.662873, 0.626705, 0.559168 ] }, { "date": "2025-03-21", "close": 0.6, "volume": 3597, "typical_volume": 19353.3, "trend": 0.495267, "fair_value": 1.399397, "relative_strength": 16.229832, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.271611, "energy": 18.886999, "activity_lines": [ 0.623067, 0.648218, 0.632286, 0.56628 ] }, { "date": "2025-03-28", "close": 0.59, "volume": 3013, "typical_volume": 19329.2, "trend": 0.500267, "fair_value": 1.38459, "relative_strength": 15.443261, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.919966, "energy": 17.139757, "activity_lines": [ 0.602267, 0.633891, 0.635486, 0.572391 ] }, { "date": "2025-04-04", "close": 0.58, "volume": 50, "typical_volume": 18910.6, "trend": 0.5056, "fair_value": 1.370038, "relative_strength": 22.614964, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.880598, "energy": 17.157172, "activity_lines": [ 0.593467, 0.619927, 0.63621, 0.577535 ] }, { "date": "2025-04-11", "close": 0.58, "volume": 3026, "typical_volume": 18928.55, "trend": 0.5116, "fair_value": 1.353372, "relative_strength": 24.476202, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 10.129085, "energy": 18.600068, "activity_lines": [ 0.586667, 0.608691, 0.635505, 0.582335 ] }, { "date": "2025-04-18", "close": 0.55, "volume": 3256, "typical_volume": 18751.0, "trend": 0.5166, "fair_value": 1.336, "relative_strength": 14.495103, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.634538, "energy": 24.343327, "activity_lines": [ 0.572667, 0.594691, 0.630371, 0.584813 ] }, { "date": "2025-04-25", "close": 0.58, "volume": 1978, "typical_volume": 18711.7, "trend": 0.522933, "fair_value": 1.318564, "relative_strength": 16.090221, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.302961, "energy": 24.428267, "activity_lines": [ 0.572667, 0.587927, 0.626438, 0.588903 ] }, { "date": "2025-05-02", "close": 0.56, "volume": 1754, "typical_volume": 17320.85, "trend": 0.528933, "fair_value": 1.302282, "relative_strength": 8.339347, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.095548, "energy": 19.714516, "activity_lines": [ 0.567333, 0.578073, 0.618981, 0.591295 ] }, { "date": "2025-05-09", "close": 0.5, "volume": 21298, "typical_volume": 17416.25, "trend": 0.5336, "fair_value": 1.28459, "relative_strength": -2.325398, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -16.946186, "energy": 35.108027, "activity_lines": [ 0.544, 0.562036, 0.605095, 0.589428 ] }, { "date": "2025-05-16", "close": 0.51, "volume": 4282, "typical_volume": 11234.65, "trend": 0.5396, "fair_value": 1.268756, "relative_strength": -1.751211, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.841314, "energy": 38.575318, "activity_lines": [ 0.529333, 0.549818, 0.591638, 0.587905 ] }, { "date": "2025-05-23", "close": 0.51, "volume": 2302, "typical_volume": 9469.55, "trend": 0.546267, "fair_value": 1.252731, "relative_strength": 0.861248, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.526652, "energy": 62.075444, "activity_lines": [ 0.519333, 0.539636, 0.579705, 0.585996 ] }, { "date": "2025-05-30", "close": 0.74, "volume": 72329, "typical_volume": 12077.4, "trend": 0.560933, "fair_value": 1.237026, "relative_strength": 45.572809, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 38.324793, "energy": 17.566686, "activity_lines": [ 0.588667, 0.573091, 0.591295, 0.598495 ] }, { "date": "2025-06-06", "close": 0.596, "volume": 49807, "typical_volume": 14429.1, "trend": 0.5718, "fair_value": 1.22059, "relative_strength": 16.830171, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 15.462895, "energy": 13.712406, "activity_lines": [ 0.599333, 0.577818, 0.589067, 0.600757 ] }, { "date": "2025-06-13", "close": 0.668, "volume": 56129, "typical_volume": 15772.7, "trend": 0.584733, "fair_value": 1.206795, "relative_strength": 32.460878, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 43.543198, "energy": 31.489133, "activity_lines": [ 0.6316, 0.595527, 0.594238, 0.606963 ] }, { "date": "2025-06-20", "close": 0.622, "volume": 22397, "typical_volume": 16624.7, "trend": 0.597133, "fair_value": 1.192641, "relative_strength": 24.11024, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.553125, "energy": 25.765188, "activity_lines": [ 0.637333, 0.603273, 0.595324, 0.609368 ] }, { "date": "2025-06-27", "close": 0.65, "volume": 6639, "typical_volume": 16293.25, "trend": 0.612067, "fair_value": 1.178987, "relative_strength": 27.22576, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.623332, "energy": 23.156869, "activity_lines": [ 0.644933, 0.615345, 0.599581, 0.612778 ] }, { "date": "2025-07-04", "close": 0.71, "volume": 40914, "typical_volume": 18045.05, "trend": 0.627733, "fair_value": 1.165654, "relative_strength": 37.406845, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.696418, "energy": 34.177777, "activity_lines": [ 0.6632, 0.636509, 0.609543, 0.619097 ] }, { "date": "2025-07-11", "close": 0.648, "volume": 7269, "typical_volume": 16386.9, "trend": 0.635667, "fair_value": 1.152051, "relative_strength": 21.973201, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.324359, "energy": 18.267101, "activity_lines": [ 0.6628, 0.644036, 0.613124, 0.620404 ] }, { "date": "2025-07-18", "close": 0.98, "volume": 112278, "typical_volume": 21111.05, "trend": 0.655333, "fair_value": 1.139808, "relative_strength": 80.693944, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 55.30388, "energy": 55.857426, "activity_lines": [ 0.7696, 0.710327, 0.649143, 0.642619 ] }, { "date": "2025-07-25", "close": 0.71, "volume": 124321, "typical_volume": 27120.5, "trend": 0.651333, "fair_value": 1.126154, "relative_strength": 29.274858, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.735779, "energy": 34.962016, "activity_lines": [ 0.7656, 0.7188, 0.657686, 0.646146 ] }, { "date": "2025-08-01", "close": 0.732, "volume": 46719, "typical_volume": 29167.9, "trend": 0.6474, "fair_value": 1.112705, "relative_strength": 36.809382, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 52.190307, "energy": 36.429609, "activity_lines": [ 0.763067, 0.727636, 0.667905, 0.651351 ] }, { "date": "2025-08-08", "close": 0.71, "volume": 40875, "typical_volume": 31031.8, "trend": 0.647133, "fair_value": 1.099244, "relative_strength": 28.335022, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 49.564541, "energy": 31.894106, "activity_lines": [ 0.747733, 0.728436, 0.675448, 0.655389 ] }, { "date": "2025-08-15", "close": 0.634, "volume": 16588, "typical_volume": 31710.55, "trend": 0.6446, "fair_value": 1.085936, "relative_strength": 11.480024, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.27176, "energy": 13.325689, "activity_lines": [ 0.707067, 0.715964, 0.675229, 0.654542 ] }, { "date": "2025-08-22", "close": 0.628, "volume": 9474, "typical_volume": 32181.75, "trend": 0.6412, "fair_value": 1.072397, "relative_strength": 9.158791, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.676567, "energy": 13.57297, "activity_lines": [ 0.665333, 0.701709, 0.674229, 0.653471 ] }, { "date": "2025-08-29", "close": 0.55, "volume": 16286, "typical_volume": 32844.75, "trend": 0.635267, "fair_value": 1.057782, "relative_strength": -1.461341, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.215329, "energy": 14.090237, "activity_lines": [ 0.621067, 0.674, 0.665571, 0.647587 ] }, { "date": "2025-09-05", "close": 0.53, "volume": 6184, "typical_volume": 32991.15, "trend": 0.631333, "fair_value": 1.044128, "relative_strength": -4.985211, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.051669, "energy": 25.029062, "activity_lines": [ 0.5808, 0.643964, 0.655152, 0.640796 ] }, { "date": "2025-09-12", "close": 0.55, "volume": 4013, "typical_volume": 33092.9, "trend": 0.629333, "fair_value": 1.031179, "relative_strength": -3.721116, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.672492, "energy": 36.329228, "activity_lines": [ 0.560667, 0.619745, 0.646733, 0.635548 ] }, { "date": "2025-09-19", "close": 0.53, "volume": 4413, "typical_volume": 33225.85, "trend": 0.619667, "fair_value": 1.018038, "relative_strength": -7.900461, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.082177, "energy": 41.397968, "activity_lines": [ 0.544533, 0.5948, 0.636552, 0.62914 ] }, { "date": "2025-09-26", "close": 0.51, "volume": 4056, "typical_volume": 32363.75, "trend": 0.616333, "fair_value": 1.004, "relative_strength": -11.909244, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.41433, "energy": 40.668698, "activity_lines": [ 0.528667, 0.568364, 0.62461, 0.622065 ] }, { "date": "2025-10-03", "close": 0.49, "volume": 8080, "typical_volume": 32553.65, "trend": 0.611933, "fair_value": 0.990154, "relative_strength": -17.792223, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.098517, "energy": 41.178389, "activity_lines": [ 0.514, 0.546836, 0.610714, 0.613914 ] }, { "date": "2025-10-10", "close": 0.5, "volume": 44482, "typical_volume": 34662.65, "trend": 0.608267, "fair_value": 0.976051, "relative_strength": -14.729669, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.651829, "energy": 44.236766, "activity_lines": [ 0.506667, 0.531127, 0.597867, 0.606692 ] }, { "date": "2025-10-17", "close": 0.469, "volume": 3719, "typical_volume": 31232.15, "trend": 0.6039, "fair_value": 0.962135, "relative_strength": -22.804546, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.532397, "energy": 61.971907, "activity_lines": [ 0.491, 0.514, 0.582114, 0.597708 ] }, { "date": "2025-10-24", "close": 0.426, "volume": 4875, "typical_volume": 28985.55, "trend": 0.598433, "fair_value": 0.94916, "relative_strength": -30.508327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.141602, "energy": 82.916426, "activity_lines": [ 0.4664, 0.493436, 0.563557, 0.58623 ] }, { "date": "2025-10-31", "close": 0.45, "volume": 32950, "typical_volume": 27826.6, "trend": 0.5941, "fair_value": 0.936212, "relative_strength": -25.933349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.304238, "energy": 83.442016, "activity_lines": [ 0.456733, 0.481018, 0.548095, 0.576654 ] }, { "date": "2025-11-07", "close": 0.44, "volume": 1812, "typical_volume": 26797.35, "trend": 0.589433, "fair_value": 0.922045, "relative_strength": -26.37372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.282866, "energy": 87.46114, "activity_lines": [ 0.447733, 0.470018, 0.532719, 0.566712 ] }, { "date": "2025-11-14", "close": 0.42, "volume": 557, "typical_volume": 26493.25, "trend": 0.5851, "fair_value": 0.908583, "relative_strength": -31.836836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.194193, "energy": 89.788059, "activity_lines": [ 0.4354, 0.457382, 0.516305, 0.555781 ] }, { "date": "2025-11-21", "close": 0.389, "volume": 15176, "typical_volume": 25206.35, "trend": 0.578733, "fair_value": 0.894859, "relative_strength": -35.619818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.666136, "energy": 90.415663, "activity_lines": [ 0.418067, 0.441109, 0.498033, 0.543129 ] }, { "date": "2025-11-28", "close": 0.34, "volume": 13749, "typical_volume": 25530.35, "trend": 0.5714, "fair_value": 0.879154, "relative_strength": -44.894823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.527963, "energy": 95.459308, "activity_lines": [ 0.389733, 0.418855, 0.476624, 0.527727 ] }, { "date": "2025-12-05", "close": 0.34, "volume": 11573, "typical_volume": 20495.1, "trend": 0.566067, "fair_value": 0.865436, "relative_strength": -44.974216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.602583, "energy": 93.669182, "activity_lines": [ 0.367133, 0.400055, 0.456681, 0.512798 ] }, { "date": "2025-12-12", "close": 0.3, "volume": 4867, "typical_volume": 14522.4, "trend": 0.559067, "fair_value": 0.8505, "relative_strength": -50.945419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.832825, "energy": 95.124901, "activity_lines": [ 0.338533, 0.377073, 0.435976, 0.495632 ] }, { "date": "2025-12-19", "close": 0.3, "volume": 8084, "typical_volume": 12590.65, "trend": 0.552067, "fair_value": 0.836269, "relative_strength": -51.235499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.79224, "energy": 92.679204, "activity_lines": [ 0.319267, 0.357545, 0.417224, 0.478918 ] }, { "date": "2025-12-26", "close": 0.325, "volume": 15256, "typical_volume": 11309.7, "trend": 0.538233, "fair_value": 0.82284, "relative_strength": -45.856694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.20552, "energy": 76.974334, "activity_lines": [ 0.316333, 0.3462, 0.40291, 0.464269 ] }, { "date": "2026-01-02", "close": 0.3, "volume": 13462, "typical_volume": 11153.4, "trend": 0.528367, "fair_value": 0.808737, "relative_strength": -49.530628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.113594, "energy": 69.260484, "activity_lines": [ 0.309333, 0.332927, 0.388048, 0.448899 ] }, { "date": "2026-01-09", "close": 0.33, "volume": 61815, "typical_volume": 13770.45, "trend": 0.5171, "fair_value": 0.795083, "relative_strength": -44.754399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.005661, "energy": 65.552452, "activity_lines": [ 0.315, 0.3274, 0.377633, 0.436101 ] }, { "date": "2026-01-16", "close": 0.489, "volume": 173053, "typical_volume": 21608.8, "trend": 0.512667, "fair_value": 0.78309, "relative_strength": -16.373332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.338996, "energy": 22.804729, "activity_lines": [ 0.374333, 0.352964, 0.383781, 0.434288 ] }, { "date": "2026-01-23", "close": 0.72, "volume": 382503, "typical_volume": 40424.75, "trend": 0.515, "fair_value": 0.772256, "relative_strength": 25.008089, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 22.399925, "energy": 30.577512, "activity_lines": [ 0.498067, 0.419636, 0.412219, 0.447665 ] }, { "date": "2026-01-30", "close": 0.636, "volume": 110823, "typical_volume": 45765.25, "trend": 0.512533, "fair_value": 0.760821, "relative_strength": 11.050103, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.852639, "energy": 43.560607, "activity_lines": [ 0.5658, 0.465582, 0.431752, 0.455471 ] }, { "date": "2026-02-06", "close": 0.54, "volume": 28791, "typical_volume": 46984.15, "trend": 0.508933, "fair_value": 0.748641, "relative_strength": -6.984597, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.109339, "energy": 39.692022, "activity_lines": [ 0.5808, 0.489582, 0.441733, 0.457243 ] }, { "date": "2026-02-13", "close": 0.556, "volume": 93089, "typical_volume": 51435.8, "trend": 0.4948, "fair_value": 0.736821, "relative_strength": -4.463881, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.474816, "energy": 36.675157, "activity_lines": [ 0.585133, 0.512855, 0.45319, 0.46028 ] }, { "date": "2026-02-20", "close": 0.518, "volume": 74821, "typical_volume": 54772.85, "trend": 0.4884, "fair_value": 0.720141, "relative_strength": -12.164599, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.826747, "energy": 24.972433, "activity_lines": [ 0.561733, 0.525291, 0.46081, 0.461776 ] }, { "date": "2026-02-27", "close": 0.55, "volume": 50663, "typical_volume": 55081.9, "trend": 0.482333, "fair_value": 0.706487, "relative_strength": -7.161514, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.320812, "energy": 18.946265, "activity_lines": [ 0.547067, 0.539582, 0.471343, 0.465751 ] }, { "date": "2026-03-06", "close": 0.55, "volume": 28126, "typical_volume": 56302.25, "trend": 0.477, "fair_value": 0.694692, "relative_strength": -0.124284, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.666917, "energy": 13.364126, "activity_lines": [ 0.543733, 0.549327, 0.481638, 0.470116 ] }, { "date": "2026-03-13", "close": 0.53, "volume": 24224, "typical_volume": 57269.7, "trend": 0.473533, "fair_value": 0.683346, "relative_strength": -2.514421, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.754023, "energy": 19.979778, "activity_lines": [ 0.539467, 0.551345, 0.489643, 0.473535 ] }, { "date": "2026-03-20", "close": 0.524, "volume": 10019, "typical_volume": 56123.15, "trend": 0.470067, "fair_value": 0.671256, "relative_strength": -0.352065, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.925176, "energy": 19.458544, "activity_lines": [ 0.533867, 0.548091, 0.496581, 0.476791 ] }, { "date": "2026-03-27", "close": 0.586, "volume": 305440, "typical_volume": 71304.55, "trend": 0.471267, "fair_value": 0.660269, "relative_strength": 10.864425, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.609392, "energy": 21.565106, "activity_lines": [ 0.551067, 0.552582, 0.509071, 0.484271 ] }, { "date": "2026-04-03", "close": 0.53, "volume": 41975, "typical_volume": 73375.45, "trend": 0.471267, "fair_value": 0.648154, "relative_strength": -2.650769, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.254029, "energy": 17.587077, "activity_lines": [ 0.545067, 0.545127, 0.515533, 0.48806 ] }, { "date": "2026-04-10", "close": 0.5, "volume": 41355, "typical_volume": 74684.4, "trend": 0.4696, "fair_value": 0.636615, "relative_strength": -10.93727, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.955851, "energy": 14.662262, "activity_lines": [ 0.5304, 0.535673, 0.518614, 0.489914 ] }, { "date": "2026-04-17", "close": 0.67, "volume": 255229, "typical_volume": 86758.4, "trend": 0.474267, "fair_value": 0.626423, "relative_strength": 16.865854, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.831266, "energy": 29.72985, "activity_lines": [ 0.575733, 0.5596, 0.537357, 0.502843 ] }, { "date": "2026-04-24", "close": 0.624, "volume": 258997, "typical_volume": 99129.6, "trend": 0.478067, "fair_value": 0.616192, "relative_strength": 12.423638, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.139771, "energy": 41.514434, "activity_lines": [ 0.5964, 0.5728, 0.550148, 0.512503 ] }, { "date": "2026-05-01", "close": 0.63, "volume": 409287, "typical_volume": 119350.6, "trend": 0.482733, "fair_value": 0.611513, "relative_strength": 13.926516, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.095217, "energy": 47.853998, "activity_lines": [ 0.6124, 0.585855, 0.562157, 0.522305 ] }, { "date": "2026-05-08", "close": 0.63, "volume": 215818, "typical_volume": 129737.3, "trend": 0.487067, "fair_value": 0.606513, "relative_strength": 13.539008, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.468824, "energy": 53.109539, "activity_lines": [ 0.625467, 0.596873, 0.572595, 0.531806 ] }, { "date": "2026-05-15", "close": 0.64, "volume": 101646, "typical_volume": 134056.8, "trend": 0.492767, "fair_value": 0.59991, "relative_strength": 17.141329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.323669, "energy": 48.424477, "activity_lines": [ 0.6352, 0.608255, 0.582414, 0.541673 ] }, { "date": "2026-05-22", "close": 0.624, "volume": 23145, "typical_volume": 134540.95, "trend": 0.499367, "fair_value": 0.595, "relative_strength": 11.574146, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.154691, "energy": 35.128769, "activity_lines": [ 0.630267, 0.615091, 0.58921, 0.55014 ] }, { "date": "2026-05-29", "close": 0.658, "volume": 37928, "typical_volume": 133346.6, "trend": 0.5063, "fair_value": 0.591462, "relative_strength": 17.173984, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.453325, "energy": 37.025448, "activity_lines": [ 0.639733, 0.6264, 0.5977, 0.560374 ] }, { "date": "2026-06-05", "close": 0.628, "volume": 2103, "typical_volume": 124799.1, "trend": 0.512567, "fair_value": 0.588115, "relative_strength": 11.355141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.788052, "energy": 30.613612, "activity_lines": [ 0.636933, 0.629818, 0.601771, 0.568226 ] }, { "date": "2026-06-12", "close": 0.66, "volume": 15148, "typical_volume": 106431.35, "trend": 0.520567, "fair_value": 0.585808, "relative_strength": 15.425907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.004209, "energy": 31.321988, "activity_lines": [ 0.644933, 0.638291, 0.608229, 0.577738 ] }, { "date": "2026-06-19", "close": 0.61, "volume": 661, "typical_volume": 100923.25, "trend": 0.527933, "fair_value": 0.583885, "relative_strength": 6.074851, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.227515, "energy": 22.980193, "activity_lines": [ 0.634267, 0.635309, 0.61021, 0.583508 ] }, { "date": "2026-06-26", "close": 0.56, "volume": 16674, "typical_volume": 100317.4, "trend": 0.535267, "fair_value": 0.582538, "relative_strength": -1.708053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.137974, "energy": 12.399208, "activity_lines": [ 0.608933, 0.621236, 0.607552, 0.585576 ] }, { "date": "2026-07-03", "close": 0.576, "volume": 8404, "typical_volume": 96083.15, "trend": 0.543133, "fair_value": 0.581744, "relative_strength": 0.333516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.133152, "energy": 13.804005, "activity_lines": [ 0.5932, 0.612073, 0.606324, 0.588204 ] }, { "date": "2026-07-10", "close": 0.54, "volume": 5094, "typical_volume": 92596.8, "trend": 0.551133, "fair_value": 0.579724, "relative_strength": -3.534746, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.311068, "energy": 12.952365, "activity_lines": [ 0.570933, 0.597236, 0.601571, 0.588002 ] }, { "date": "2026-07-17", "close": 0.56, "volume": 7779, "typical_volume": 90452.6, "trend": 0.5598, "fair_value": 0.577737, "relative_strength": 1.733853, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.891771, "energy": 21.167069, "activity_lines": [ 0.5612, 0.587673, 0.598619, 0.588574 ] }, { "date": "2026-07-24", "close": 0.582, "volume": 18674, "typical_volume": 89980.0, "trend": 0.568367, "fair_value": 0.576564, "relative_strength": 5.95945, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.170654, "energy": 23.656681, "activity_lines": [ 0.565467, 0.583382, 0.597714, 0.590006 ] }, { "date": "2026-07-31", "close": 0.57, "volume": 28696, "typical_volume": 90203.6, "trend": 0.577367, "fair_value": 0.574801, "relative_strength": 3.006052, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.637356, "energy": 31.095019, "activity_lines": [ 0.5676, 0.577964, 0.595514, 0.590112 ] }, { "date": "2026-08-07", "close": 0.58, "volume": 23446, "typical_volume": 90874.95, "trend": 0.5857, "fair_value": 0.573135, "relative_strength": 3.110877, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.222907, "energy": 15.510671, "activity_lines": [ 0.5724, 0.575345, 0.594076, 0.590282 ] } ], "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." } } }