{ "ticker": { "uuid": "a1b35697-34e3-4742-a82e-e9539aaa1c8f", "symbol": "BIOEX", "name": "Bioextrax AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -11.335, "architecture_energy": 11.073, "architecture_maturity": 40.947, "architecture_confidence": 53.216, "architecture_tenure": "Established", "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": 54.2, "rotation_up": 32.33, "upward_expansion": 14.82, "deceleration": 45.0, "rotation_down": 39.4, "downward_expansion": 44.82 }, "activity_lines": [ 2.553333, 2.569455, 2.57881, 2.604559 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 2.62, "trend_reference": 2.589333, "distance_from_trend": 0.011843, "trend_direction": "Improving", "fair_value": 2.958541, "distance_from_fair_value": -0.114428, "fair_value_direction": "Improving", "relative_strength": -11.888421, "relative_strength_direction": "Improving", "price_momentum": 0.023438, "excess_performance": -0.038057, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.011843, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060809, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.114428, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.062472, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.118884, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.038658, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.023438, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.595989, "read": "Demand-led" } ], "volume": { "latest": 421944, "relative_activity": 1.068087, "balance": 1.595989, "dry_up": 1.424378, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.126541, "annualized_volatility": 0.418154, "from_high_reference": -0.345, "from_low_reference": 0.6375 }, "levels": { "trend_reference": 2.589333, "fair_value_reference": 2.958541, "structural_low": 2.18, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": -0.023102, "positive_rate": 0.210526, "directional_follow_through": 0.210526, "median_excess_return": -0.040075, "regime_survival": 0.631579, "best_return": 0.3475, "worst_return": -0.450777, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.102113, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.075405, "regime_survival": 0.142857, "best_return": 0.611827, "worst_return": -0.544236, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.246951, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.209927, "regime_survival": 0.2, "best_return": 0.309381, "worst_return": -0.627078, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.270262, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.440138, "regime_survival": 0.25, "best_return": -0.013972, "worst_return": -0.968956, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-31", "end": "2024-06-14", "tenure": "New", "return": 0.29595, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": -0.104167, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2024-08-30", "tenure": "Developing", "return": 0.12426, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-10-11", "tenure": "Developing", "return": -0.108808, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2025-01-10", "tenure": "Established", "return": -0.19209, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-05-16", "tenure": "Established", "return": -0.006452, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.039216, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.041009, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-12", "tenure": "Developing", "return": -0.150685, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-11-14", "tenure": "Developing", "return": -0.358951, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-02-06", "tenure": "Developing", "return": 0.242718, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-02-20", "tenure": "New", "return": 0.073944, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.153333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-08-07", "tenure": "Established", "return": -0.064286, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.99, "volume": 192913, "typical_volume": 363630.8, "trend": 5.299033, "fair_value": 38.388815, "relative_strength": -20.234155, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.102169, "energy": 48.951374, "activity_lines": [ 4.422, 4.706, 5.33169, 5.398282 ] }, { "date": "2023-08-25", "close": 3.585, "volume": 605815, "typical_volume": 390112.4, "trend": 5.278867, "fair_value": 38.16609, "relative_strength": -23.765866, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.887529, "energy": 59.757972, "activity_lines": [ 4.081667, 4.465818, 5.125952, 5.287699 ] }, { "date": "2023-09-01", "close": 3.52, "volume": 766548, "typical_volume": 419213.05, "trend": 5.2524, "fair_value": 37.965229, "relative_strength": -24.555331, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.947029, "energy": 74.193938, "activity_lines": [ 3.815333, 4.248636, 4.919548, 5.174224 ] }, { "date": "2023-09-08", "close": 3.515, "volume": 570039, "typical_volume": 420317.55, "trend": 5.205233, "fair_value": 37.772382, "relative_strength": -22.463667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.025953, "energy": 72.714706, "activity_lines": [ 3.645667, 4.060909, 4.721571, 5.062133 ] }, { "date": "2023-09-15", "close": 4.28, "volume": 525677, "typical_volume": 399350.6, "trend": 5.197967, "fair_value": 37.584439, "relative_strength": -5.143651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.911044, "energy": 61.515207, "activity_lines": [ 3.812, 4.044727, 4.62081, 5.002441 ] }, { "date": "2023-09-22", "close": 4.135, "volume": 327851, "typical_volume": 399773.4, "trend": 5.179333, "fair_value": 37.406087, "relative_strength": -5.477594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.221731, "energy": 42.193485, "activity_lines": [ 3.931, 4.008545, 4.517905, 4.933862 ] }, { "date": "2023-09-29", "close": 3.865, "volume": 478806, "typical_volume": 390306.7, "trend": 5.1619, "fair_value": 37.223529, "relative_strength": -11.38902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.734213, "energy": 35.560258, "activity_lines": [ 3.950333, 3.946455, 4.401024, 4.849067 ] }, { "date": "2023-10-06", "close": 3.96, "volume": 182941, "typical_volume": 382853.35, "trend": 5.1619, "fair_value": 37.032916, "relative_strength": -9.455508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.660925, "energy": 29.449635, "activity_lines": [ 3.982667, 3.922636, 4.306548, 4.771525 ] }, { "date": "2023-10-13", "close": 3.43, "volume": 567276, "typical_volume": 394307.95, "trend": 5.1429, "fair_value": 36.850664, "relative_strength": -22.92991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.648758, "energy": 42.557295, "activity_lines": [ 3.809, 3.821273, 4.177262, 4.659789 ] }, { "date": "2023-10-20", "close": 3.29, "volume": 477643, "typical_volume": 401069.35, "trend": 5.101167, "fair_value": 36.642758, "relative_strength": -22.196881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.753046, "energy": 56.743651, "activity_lines": [ 3.594333, 3.718091, 4.050786, 4.540247 ] }, { "date": "2023-10-27", "close": 3.9, "volume": 313214, "typical_volume": 409654.05, "trend": 5.0795, "fair_value": 36.45733, "relative_strength": -7.087559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.281828, "energy": 39.781538, "activity_lines": [ 3.649, 3.744091, 3.997881, 4.462753 ] }, { "date": "2023-11-03", "close": 3.49, "volume": 144683, "typical_volume": 384579.55, "trend": 5.037667, "fair_value": 36.258753, "relative_strength": -20.151318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.134523, "energy": 41.233218, "activity_lines": [ 3.582667, 3.697182, 3.918167, 4.360204 ] }, { "date": "2023-11-10", "close": 3.28, "volume": 332350, "typical_volume": 388288.5, "trend": 4.967333, "fair_value": 36.000033, "relative_strength": -24.911985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.30529, "energy": 40.854961, "activity_lines": [ 3.471333, 3.613818, 3.828024, 4.246806 ] }, { "date": "2023-11-17", "close": 3.32, "volume": 380381, "typical_volume": 389546.3, "trend": 4.790333, "fair_value": 35.711862, "relative_strength": -27.178286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.392146, "energy": 36.989934, "activity_lines": [ 3.418667, 3.542091, 3.750786, 4.140527 ] }, { "date": "2023-11-24", "close": 3.35, "volume": 263850, "typical_volume": 369623.8, "trend": 4.677667, "fair_value": 35.402841, "relative_strength": -27.522012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.325764, "energy": 38.233565, "activity_lines": [ 3.383333, 3.479364, 3.685833, 4.047602 ] }, { "date": "2023-12-01", "close": 3.2, "volume": 211224, "typical_volume": 365221.25, "trend": 4.564333, "fair_value": 34.936893, "relative_strength": -31.411556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.605136, "energy": 39.714695, "activity_lines": [ 3.294, 3.406273, 3.61269, 3.952269 ] }, { "date": "2023-12-08", "close": 3.155, "volume": 479214, "typical_volume": 379736.55, "trend": 4.447167, "fair_value": 34.408767, "relative_strength": -33.941413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.412502, "energy": 39.41175, "activity_lines": [ 3.236333, 3.342, 3.545786, 3.861344 ] }, { "date": "2023-12-15", "close": 3.0, "volume": 182266, "typical_volume": 376845.65, "trend": 4.3055, "fair_value": 33.936587, "relative_strength": -38.981533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.671777, "energy": 42.54994, "activity_lines": [ 3.149333, 3.262455, 3.473, 3.767978 ] }, { "date": "2023-12-22", "close": 2.915, "volume": 315106, "typical_volume": 381211.9, "trend": 4.175333, "fair_value": 33.455196, "relative_strength": -40.187604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.151128, "energy": 47.036187, "activity_lines": [ 3.052667, 3.184909, 3.401619, 3.678269 ] }, { "date": "2023-12-29", "close": 3.035, "volume": 145215, "typical_volume": 373150.6, "trend": 4.0585, "fair_value": 32.991905, "relative_strength": -38.030859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.34467, "energy": 40.739131, "activity_lines": [ 3.023, 3.138545, 3.35031, 3.604699 ] }, { "date": "2024-01-05", "close": 2.915, "volume": 329276, "typical_volume": 379968.75, "trend": 3.94, "fair_value": 32.534033, "relative_strength": -38.683899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.430607, "energy": 45.060014, "activity_lines": [ 2.974333, 3.075, 3.293571, 3.530925 ] }, { "date": "2024-01-12", "close": 3.135, "volume": 296909, "typical_volume": 364523.45, "trend": 3.861167, "fair_value": 32.065194, "relative_strength": -34.423126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.652289, "energy": 35.872424, "activity_lines": [ 3.018, 3.069364, 3.262905, 3.478989 ] }, { "date": "2024-01-19", "close": 2.855, "volume": 353673, "typical_volume": 343879.7, "trend": 3.783333, "fair_value": 31.464589, "relative_strength": -38.499578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.750459, "energy": 36.066302, "activity_lines": [ 2.969667, 3.019273, 3.207714, 3.414075 ] }, { "date": "2024-01-26", "close": 2.245, "volume": 1674433, "typical_volume": 399099.4, "trend": 3.6815, "fair_value": 30.915776, "relative_strength": -52.680177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.414472, "energy": 54.858031, "activity_lines": [ 2.727667, 2.866, 3.097595, 3.314828 ] }, { "date": "2024-02-02", "close": 2.125, "volume": 277035, "typical_volume": 386667.3, "trend": 3.598, "fair_value": 30.398376, "relative_strength": -54.740036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.533002, "energy": 68.717657, "activity_lines": [ 2.490333, 2.710455, 2.982095, 3.214409 ] }, { "date": "2024-02-09", "close": 1.848, "volume": 315789, "typical_volume": 386064.2, "trend": 3.479267, "fair_value": 29.772749, "relative_strength": -59.81388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.355986, "energy": 84.058598, "activity_lines": [ 2.221333, 2.526818, 2.850476, 3.101505 ] }, { "date": "2024-02-16", "close": 2.64, "volume": 1835581, "typical_volume": 453902.95, "trend": 3.399933, "fair_value": 29.158388, "relative_strength": -43.434857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.734619, "energy": 67.372125, "activity_lines": [ 2.287467, 2.511764, 2.805176, 3.047359 ] }, { "date": "2024-02-23", "close": 2.235, "volume": 370865, "typical_volume": 463299.15, "trend": 3.307933, "fair_value": 28.604559, "relative_strength": -52.058461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.245006, "energy": 54.712477, "activity_lines": [ 2.2516, 2.432436, 2.727138, 2.972202 ] }, { "date": "2024-03-01", "close": 2.165, "volume": 502096, "typical_volume": 460040.15, "trend": 3.222433, "fair_value": 27.962397, "relative_strength": -53.552783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.660343, "energy": 45.177016, "activity_lines": [ 2.233733, 2.354291, 2.650648, 2.898465 ] }, { "date": "2024-03-08", "close": 1.858, "volume": 798396, "typical_volume": 476077.8, "trend": 3.1412, "fair_value": 27.398725, "relative_strength": -60.129985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.961042, "energy": 45.306569, "activity_lines": [ 2.118867, 2.233964, 2.550943, 2.810437 ] }, { "date": "2024-03-15", "close": 2.22, "volume": 391759, "typical_volume": 480005.05, "trend": 3.0822, "fair_value": 26.863367, "relative_strength": -52.720872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.993235, "energy": 39.937751, "activity_lines": [ 2.142467, 2.200855, 2.492533, 2.751004 ] }, { "date": "2024-03-22", "close": 1.886545, "volume": 470343, "typical_volume": 496288.05, "trend": 3.025585, "fair_value": 26.403854, "relative_strength": -59.228392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.60491, "energy": 42.737569, "activity_lines": [ 2.030115, 2.119754, 2.410366, 2.673865 ] }, { "date": "2024-03-29", "close": 2.23, "volume": 217578, "typical_volume": 490549.45, "trend": 2.982585, "fair_value": 25.93664, "relative_strength": -50.897935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.259953, "energy": 36.720547, "activity_lines": [ 2.082479, 2.123798, 2.368545, 2.622537 ] }, { "date": "2024-04-05", "close": 2.16, "volume": 271713, "typical_volume": 485116.05, "trend": 2.937418, "fair_value": 25.480118, "relative_strength": -51.506315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.114565, "energy": 30.590367, "activity_lines": [ 2.111842, 2.126479, 2.325056, 2.569467 ] }, { "date": "2024-04-12", "close": 2.15, "volume": 219640, "typical_volume": 482905.55, "trend": 2.866418, "fair_value": 24.912128, "relative_strength": -50.957005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.739058, "energy": 25.607738, "activity_lines": [ 2.138206, 2.128888, 2.286139, 2.518666 ] }, { "date": "2024-04-19", "close": 2.24, "volume": 216175, "typical_volume": 483153.1, "trend": 2.803252, "fair_value": 24.344716, "relative_strength": -47.089106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.143014, "energy": 19.179251, "activity_lines": [ 2.175103, 2.147205, 2.261508, 2.478252 ] }, { "date": "2024-04-26", "close": 2.47, "volume": 417941, "typical_volume": 480089.45, "trend": 2.756752, "fair_value": 23.803534, "relative_strength": -41.59887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.709125, "energy": 14.110744, "activity_lines": [ 2.287333, 2.200213, 2.263353, 2.456752 ] }, { "date": "2024-05-03", "close": 2.505, "volume": 317756, "typical_volume": 486863.95, "trend": 2.708252, "fair_value": 23.260101, "relative_strength": -38.969601, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.742924, "energy": 12.646851, "activity_lines": [ 2.372333, 2.262676, 2.271793, 2.44051 ] }, { "date": "2024-05-10", "close": 2.995, "volume": 242820, "typical_volume": 483249.65, "trend": 2.693751, "fair_value": 22.787888, "relative_strength": -27.887293, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.58112, "energy": 14.189705, "activity_lines": [ 2.602333, 2.409321, 2.329258, 2.45901 ] }, { "date": "2024-05-17", "close": 2.655, "volume": 227339, "typical_volume": 487355.85, "trend": 2.672585, "fair_value": 22.317209, "relative_strength": -33.710586, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.178033, "energy": 19.094559, "activity_lines": [ 2.663333, 2.479056, 2.35396, 2.45651 ] }, { "date": "2024-05-24", "close": 3.08, "volume": 723114, "typical_volume": 507047.75, "trend": 2.645252, "fair_value": 21.777462, "relative_strength": -21.970581, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.099409, "energy": 38.742907, "activity_lines": [ 2.832333, 2.611574, 2.420948, 2.482795 ] }, { "date": "2024-05-31", "close": 3.21, "volume": 531662, "typical_volume": 518785.4, "trend": 2.635918, "fair_value": 21.24845, "relative_strength": -16.306312, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.844418, "energy": 48.145513, "activity_lines": [ 2.988667, 2.752091, 2.499531, 2.51923 ] }, { "date": "2024-06-07", "close": 4.12, "volume": 760505, "typical_volume": 539127.0, "trend": 2.663918, "fair_value": 20.767358, "relative_strength": 8.376995, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.854783, "energy": 65.209314, "activity_lines": [ 3.399, 3.034, 2.664423, 2.614977 ] }, { "date": "2024-06-14", "close": 4.16, "volume": 1282430, "typical_volume": 519526.85, "trend": 2.691918, "fair_value": 20.275381, "relative_strength": 13.19509, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.324976, "energy": 78.665309, "activity_lines": [ 3.715, 3.288818, 2.827102, 2.711499 ] }, { "date": "2024-06-21", "close": 3.84, "volume": 469049, "typical_volume": 529127.55, "trend": 2.708252, "fair_value": 19.759073, "relative_strength": 5.163351, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.316302, "energy": 73.719786, "activity_lines": [ 3.846667, 3.449091, 2.950185, 2.785568 ] }, { "date": "2024-06-28", "close": 3.42, "volume": 254769, "typical_volume": 526076.55, "trend": 2.715585, "fair_value": 19.204176, "relative_strength": -4.939976, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.953791, "energy": 66.345896, "activity_lines": [ 3.759333, 3.502273, 3.025101, 2.831488 ] }, { "date": "2024-07-05", "close": 3.56, "volume": 200352, "typical_volume": 444315.1, "trend": 2.729085, "fair_value": 18.583334, "relative_strength": 0.373363, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.315408, "energy": 42.524347, "activity_lines": [ 3.696, 3.559455, 3.105865, 2.885966 ] }, { "date": "2024-07-12", "close": 3.44, "volume": 273795, "typical_volume": 439461.6, "trend": 2.743752, "fair_value": 17.943156, "relative_strength": -4.283423, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.616801, "energy": 28.822893, "activity_lines": [ 3.569333, 3.575, 3.17082, 2.931831 ] }, { "date": "2024-07-19", "close": 3.38, "volume": 278967, "typical_volume": 428305.15, "trend": 2.759251, "fair_value": 17.786578, "relative_strength": -2.469617, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.635477, "energy": 21.753084, "activity_lines": [ 3.468, 3.562636, 3.224322, 2.97288 ] }, { "date": "2024-07-26", "close": 3.42, "volume": 286264, "typical_volume": 402698.55, "trend": 2.772085, "fair_value": 17.573316, "relative_strength": -0.361215, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.681469, "energy": 20.886161, "activity_lines": [ 3.432, 3.550545, 3.275848, 3.015509 ] }, { "date": "2024-08-02", "close": 3.28, "volume": 304551, "typical_volume": 398338.15, "trend": 2.784252, "fair_value": 17.377725, "relative_strength": 1.073085, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.251171, "energy": 17.563551, "activity_lines": [ 3.377333, 3.499091, 3.306603, 3.048277 ] }, { "date": "2024-08-09", "close": 3.2, "volume": 417186, "typical_volume": 395680.3, "trend": 2.786418, "fair_value": 17.175432, "relative_strength": -0.108947, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.667116, "energy": 16.500295, "activity_lines": [ 3.305333, 3.429455, 3.32469, 3.0751 ] }, { "date": "2024-08-16", "close": 3.76, "volume": 808136, "typical_volume": 425208.2, "trend": 2.816585, "fair_value": 17.000865, "relative_strength": 14.554375, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.186658, "energy": 21.051807, "activity_lines": [ 3.444, 3.461818, 3.389857, 3.137912 ] }, { "date": "2024-08-23", "close": 3.9, "volume": 595232, "typical_volume": 441384.15, "trend": 2.871752, "fair_value": 16.505985, "relative_strength": 17.85744, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.581105, "energy": 31.323572, "activity_lines": [ 3.608, 3.526182, 3.461071, 3.207809 ] }, { "date": "2024-08-30", "close": 3.8, "volume": 597936, "typical_volume": 460298.95, "trend": 2.927585, "fair_value": 15.996847, "relative_strength": 13.459277, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 54.537027, "energy": 35.427791, "activity_lines": [ 3.704, 3.577091, 3.514476, 3.267696 ] }, { "date": "2024-09-06", "close": 3.86, "volume": 250943, "typical_volume": 462037.35, "trend": 2.994652, "fair_value": 15.582167, "relative_strength": 20.698125, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.165417, "energy": 52.165254, "activity_lines": [ 3.794667, 3.639636, 3.565738, 3.327852 ] }, { "date": "2024-09-13", "close": 3.68, "volume": 244127, "typical_volume": 453346.65, "trend": 3.029318, "fair_value": 15.16262, "relative_strength": 13.892664, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.854722, "energy": 51.472666, "activity_lines": [ 3.786667, 3.661455, 3.592143, 3.372068 ] }, { "date": "2024-09-20", "close": 3.58, "volume": 181967, "typical_volume": 446557.2, "trend": 3.074152, "fair_value": 14.757286, "relative_strength": 9.335458, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.68793, "energy": 33.007248, "activity_lines": [ 3.713333, 3.662909, 3.603262, 3.407596 ] }, { "date": "2024-09-27", "close": 3.74, "volume": 426800, "typical_volume": 455756.2, "trend": 3.126651, "fair_value": 14.32327, "relative_strength": 12.25205, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.206909, "energy": 28.23772, "activity_lines": [ 3.705333, 3.690909, 3.6245, 3.450554 ] }, { "date": "2024-10-04", "close": 3.5, "volume": 314761, "typical_volume": 460127.3, "trend": 3.181385, "fair_value": 13.931039, "relative_strength": 7.294858, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.129433, "energy": 16.76378, "activity_lines": [ 3.628, 3.668727, 3.619333, 3.474641 ] }, { "date": "2024-10-11", "close": 3.44, "volume": 341343, "typical_volume": 441038.75, "trend": 3.222052, "fair_value": 13.576795, "relative_strength": 6.45791, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.582788, "energy": 13.611081, "activity_lines": [ 3.550667, 3.634182, 3.604429, 3.491326 ] }, { "date": "2024-10-18", "close": 3.54, "volume": 370503, "typical_volume": 432980.8, "trend": 3.277167, "fair_value": 13.228144, "relative_strength": 9.687035, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.808595, "energy": 12.961569, "activity_lines": [ 3.534667, 3.614909, 3.597333, 3.511839 ] }, { "date": "2024-10-25", "close": 3.337764, "volume": 420819, "typical_volume": 415996.5, "trend": 3.314092, "fair_value": 12.896764, "relative_strength": 4.49507, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.387165, "energy": 9.631999, "activity_lines": [ 3.460588, 3.552684, 3.569406, 3.515748 ] }, { "date": "2024-11-01", "close": 3.28, "volume": 276376, "typical_volume": 365693.8, "trend": 3.351425, "fair_value": 12.510549, "relative_strength": 4.679967, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.325996, "energy": 10.734453, "activity_lines": [ 3.383404, 3.487634, 3.539702, 3.513549 ] }, { "date": "2024-11-08", "close": 3.32, "volume": 477354, "typical_volume": 366109.05, "trend": 3.390425, "fair_value": 12.123353, "relative_strength": 6.315823, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.317854, "energy": 17.673414, "activity_lines": [ 3.350219, 3.441129, 3.517999, 3.511521 ] }, { "date": "2024-11-15", "close": 3.52, "volume": 486208, "typical_volume": 377681.0, "trend": 3.433092, "fair_value": 11.684213, "relative_strength": 15.104663, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.126121, "energy": 19.610068, "activity_lines": [ 3.395702, 3.439715, 3.517819, 3.519881 ] }, { "date": "2024-11-22", "close": 3.42, "volume": 182464, "typical_volume": 376786.6, "trend": 3.464759, "fair_value": 11.301372, "relative_strength": 11.903226, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.672327, "energy": 15.409954, "activity_lines": [ 3.402518, 3.426302, 3.507639, 3.519036 ] }, { "date": "2024-11-29", "close": 3.48, "volume": 239380, "typical_volume": 375065.85, "trend": 3.497259, "fair_value": 10.946147, "relative_strength": 13.945827, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.179232, "energy": 4.615549, "activity_lines": [ 3.437333, 3.428524, 3.50384, 3.52002 ] }, { "date": "2024-12-06", "close": 3.72, "volume": 342230, "typical_volume": 378229.0, "trend": 3.521425, "fair_value": 10.594936, "relative_strength": 17.016227, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.504981, "energy": 9.225395, "activity_lines": [ 3.542667, 3.476201, 3.522708, 3.53439 ] }, { "date": "2024-12-13", "close": 3.5, "volume": 170636, "typical_volume": 372447.6, "trend": 3.549592, "fair_value": 10.242315, "relative_strength": 12.391693, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.476492, "energy": 13.125393, "activity_lines": [ 3.545333, 3.484242, 3.519004, 3.533008 ] }, { "date": "2024-12-20", "close": 3.42, "volume": 221641, "typical_volume": 368302.1, "trend": 3.560925, "fair_value": 9.894133, "relative_strength": 13.169906, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.15169, "energy": 13.241995, "activity_lines": [ 3.509333, 3.477737, 3.507301, 3.524647 ] }, { "date": "2024-12-27", "close": 3.32, "volume": 140298, "typical_volume": 354457.7, "trend": 3.564592, "fair_value": 9.52179, "relative_strength": 9.059017, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.588518, "energy": 17.213849, "activity_lines": [ 3.446667, 3.453414, 3.485407, 3.509103 ] }, { "date": "2025-01-03", "close": 3.28, "volume": 217760, "typical_volume": 324938.9, "trend": 3.536592, "fair_value": 9.149192, "relative_strength": 6.734899, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.861817, "energy": 28.296325, "activity_lines": [ 3.377333, 3.425818, 3.459132, 3.490743 ] }, { "date": "2025-01-10", "close": 2.86, "volume": 644463, "typical_volume": 327400.45, "trend": 3.493259, "fair_value": 8.801133, "relative_strength": -7.098079, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.548367, "energy": 55.575195, "activity_lines": [ 3.181333, 3.322909, 3.395142, 3.447091 ] }, { "date": "2025-01-17", "close": 3.1, "volume": 262260, "typical_volume": 310616.65, "trend": 3.468592, "fair_value": 8.492985, "relative_strength": -2.817293, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.312947, "energy": 55.978425, "activity_lines": [ 3.122667, 3.271273, 3.358962, 3.42172 ] }, { "date": "2025-01-24", "close": 2.78, "volume": 520431, "typical_volume": 324091.05, "trend": 3.447259, "fair_value": 8.215587, "relative_strength": -14.683679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.398155, "energy": 67.195622, "activity_lines": [ 2.984, 3.165455, 3.29564, 3.377295 ] }, { "date": "2025-01-31", "close": 2.78, "volume": 332142, "typical_volume": 328491.8, "trend": 3.421259, "fair_value": 7.925192, "relative_strength": -14.902057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.261276, "energy": 66.953341, "activity_lines": [ 2.888, 3.073091, 3.23746, 3.334246 ] }, { "date": "2025-02-07", "close": 2.48, "volume": 523178, "typical_volume": 345552.35, "trend": 3.389259, "fair_value": 7.642777, "relative_strength": -23.385479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.349838, "energy": 68.616782, "activity_lines": [ 2.728, 2.937818, 3.154994, 3.273519 ] }, { "date": "2025-02-14", "close": 3.16, "volume": 992659, "typical_volume": 373845.3, "trend": 3.381925, "fair_value": 7.452605, "relative_strength": -5.252892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.769393, "energy": 44.745796, "activity_lines": [ 2.848, 2.944364, 3.142529, 3.258728 ] }, { "date": "2025-02-21", "close": 2.7, "volume": 164334, "typical_volume": 366323.95, "trend": 3.357925, "fair_value": 7.286717, "relative_strength": -19.353965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.647603, "energy": 40.049552, "activity_lines": [ 2.794667, 2.877455, 3.089016, 3.214733 ] }, { "date": "2025-02-28", "close": 2.84, "volume": 308786, "typical_volume": 364696.1, "trend": 3.343259, "fair_value": 7.134723, "relative_strength": -15.40149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.912683, "energy": 33.658866, "activity_lines": [ 2.814667, 2.850545, 3.052645, 3.181319 ] }, { "date": "2025-03-07", "close": 2.62, "volume": 416863, "typical_volume": 367014.1, "trend": 3.323925, "fair_value": 6.983794, "relative_strength": -22.34218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.095214, "energy": 32.926691, "activity_lines": [ 2.757333, 2.794182, 2.99818, 3.134657 ] }, { "date": "2025-03-14", "close": 2.7, "volume": 467876, "typical_volume": 369366.95, "trend": 3.288592, "fair_value": 6.836473, "relative_strength": -18.738555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.598122, "energy": 34.38249, "activity_lines": [ 2.737333, 2.765091, 2.955714, 3.094404 ] }, { "date": "2025-03-21", "close": 2.46, "volume": 214487, "typical_volume": 366272.5, "trend": 3.240592, "fair_value": 6.651717, "relative_strength": -24.69239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.936825, "energy": 40.402406, "activity_lines": [ 2.622667, 2.702909, 2.893429, 3.040946 ] }, { "date": "2025-03-28", "close": 2.46, "volume": 254696, "typical_volume": 355139.6, "trend": 3.195925, "fair_value": 6.491841, "relative_strength": -22.223512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.654675, "energy": 50.011693, "activity_lines": [ 2.554667, 2.648, 2.835048, 2.990585 ] }, { "date": "2025-04-04", "close": 2.4, "volume": 283785, "typical_volume": 345018.45, "trend": 3.147259, "fair_value": 6.316107, "relative_strength": -15.889678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.256026, "energy": 50.54155, "activity_lines": [ 2.482667, 2.593818, 2.775048, 2.939235 ] }, { "date": "2025-04-11", "close": 2.49, "volume": 302235, "typical_volume": 351007.0, "trend": 3.107592, "fair_value": 6.137732, "relative_strength": -12.683385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.129096, "energy": 44.65298, "activity_lines": [ 2.47, 2.562909, 2.728952, 2.896831 ] }, { "date": "2025-04-18", "close": 2.54, "volume": 360619, "typical_volume": 357068.95, "trend": 3.072925, "fair_value": 5.949775, "relative_strength": -14.120073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.885396, "energy": 34.707913, "activity_lines": [ 2.482667, 2.546364, 2.692048, 2.860213 ] }, { "date": "2025-04-25", "close": 2.47, "volume": 400382, "typical_volume": 359976.55, "trend": 3.030592, "fair_value": 5.781298, "relative_strength": -19.007931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.911831, "energy": 31.825248, "activity_lines": [ 2.482667, 2.516, 2.652952, 2.821314 ] }, { "date": "2025-05-02", "close": 2.47, "volume": 420244, "typical_volume": 372456.95, "trend": 2.996259, "fair_value": 5.612698, "relative_strength": -20.198384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.609496, "energy": 29.194193, "activity_lines": [ 2.482, 2.498182, 2.61981, 2.785147 ] }, { "date": "2025-05-09", "close": 2.65, "volume": 880957, "typical_volume": 405422.75, "trend": 2.969925, "fair_value": 5.460724, "relative_strength": -13.832503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.855513, "energy": 20.808669, "activity_lines": [ 2.540667, 2.517273, 2.608714, 2.762808 ] }, { "date": "2025-05-16", "close": 3.08, "volume": 968534, "typical_volume": 446834.55, "trend": 2.954592, "fair_value": 5.308287, "relative_strength": -3.873413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.130541, "energy": 10.387292, "activity_lines": [ 2.726, 2.618, 2.642238, 2.769909 ] }, { "date": "2025-05-23", "close": 3.06, "volume": 636216, "typical_volume": 467757.35, "trend": 2.945333, "fair_value": 5.139755, "relative_strength": -2.104593, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.186148, "energy": 12.663931, "activity_lines": [ 2.865333, 2.706727, 2.675, 2.77671 ] }, { "date": "2025-05-30", "close": 2.93, "volume": 548652, "typical_volume": 462966.8, "trend": 2.933667, "fair_value": 4.985863, "relative_strength": -6.798821, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.207817, "energy": 17.811707, "activity_lines": [ 2.926667, 2.765273, 2.696429, 2.77572 ] }, { "date": "2025-06-06", "close": 3.18, "volume": 220422, "typical_volume": 460874.9, "trend": 2.929, "fair_value": 4.838648, "relative_strength": 0.60674, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.139267, "energy": 34.24569, "activity_lines": [ 3.040667, 2.860727, 2.741333, 2.791613 ] }, { "date": "2025-06-13", "close": 3.17, "volume": 717470, "typical_volume": 470726.85, "trend": 2.917333, "fair_value": 4.709193, "relative_strength": 3.345709, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.067088, "energy": 40.67521, "activity_lines": [ 3.104, 2.941273, 2.784905, 2.807161 ] }, { "date": "2025-06-20", "close": 3.13, "volume": 203568, "typical_volume": 464298.15, "trend": 2.907667, "fair_value": 4.584433, "relative_strength": 2.899518, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.182597, "energy": 37.841342, "activity_lines": [ 3.119333, 3.000545, 2.82281, 2.820882 ] }, { "date": "2025-06-27", "close": 3.35, "volume": 234051, "typical_volume": 449841.8, "trend": 2.903333, "fair_value": 4.461826, "relative_strength": 7.52859, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.862915, "energy": 45.036737, "activity_lines": [ 3.204667, 3.088182, 2.88, 2.849419 ] }, { "date": "2025-07-04", "close": 2.89, "volume": 431043, "typical_volume": 421761.0, "trend": 2.875667, "fair_value": 4.339241, "relative_strength": -7.123245, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.898307, "energy": 21.844036, "activity_lines": [ 3.117333, 3.077455, 2.889238, 2.848559 ] }, { "date": "2025-07-11", "close": 3.3, "volume": 320382, "typical_volume": 429563.4, "trend": 2.869, "fair_value": 4.246516, "relative_strength": 4.715885, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.334402, "energy": 34.658253, "activity_lines": [ 3.169333, 3.133636, 2.93881, 2.875935 ] }, { "date": "2025-07-18", "close": 3.65, "volume": 514285, "typical_volume": 439838.35, "trend": 2.876667, "fair_value": 4.150465, "relative_strength": 15.534675, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.908176, "energy": 50.575708, "activity_lines": [ 3.33, 3.238364, 3.018857, 2.926323 ] }, { "date": "2025-07-25", "close": 3.81, "volume": 422771, "typical_volume": 440133.75, "trend": 2.893, "fair_value": 4.056058, "relative_strength": 17.59327, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.882024, "energy": 60.973919, "activity_lines": [ 3.512, 3.354, 3.110286, 2.986538 ] }, { "date": "2025-08-01", "close": 3.35, "volume": 219012, "typical_volume": 427690.55, "trend": 2.895333, "fair_value": 3.948181, "relative_strength": 6.375802, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.513326, "energy": 57.957743, "activity_lines": [ 3.495333, 3.372727, 3.152238, 3.016022 ] }, { "date": "2025-08-08", "close": 3.65, "volume": 385350, "typical_volume": 436233.7, "trend": 2.921667, "fair_value": 3.826136, "relative_strength": 12.636843, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.145939, "energy": 62.15982, "activity_lines": [ 3.578667, 3.440727, 3.219667, 3.06471 ] }, { "date": "2025-08-15", "close": 3.57, "volume": 309253, "typical_volume": 438961.55, "trend": 2.937333, "fair_value": 3.734708, "relative_strength": 8.817062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.279749, "energy": 51.52895, "activity_lines": [ 3.584667, 3.481091, 3.27381, 3.106538 ] }, { "date": "2025-08-22", "close": 3.37, "volume": 344478, "typical_volume": 441996.2, "trend": 2.957, "fair_value": 3.642494, "relative_strength": 1.287194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.024686, "energy": 30.17706, "activity_lines": [ 3.506, 3.478, 3.303619, 3.134452 ] }, { "date": "2025-08-29", "close": 3.34, "volume": 582164, "typical_volume": 455992.65, "trend": 2.975667, "fair_value": 3.608945, "relative_strength": 3.126407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.275139, "energy": 23.034366, "activity_lines": [ 3.436, 3.465818, 3.325952, 3.159161 ] }, { "date": "2025-09-05", "close": 3.34, "volume": 224412, "typical_volume": 449182.3, "trend": 3.004333, "fair_value": 3.577377, "relative_strength": 3.547998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.766647, "energy": 17.00004, "activity_lines": [ 3.397333, 3.449818, 3.344238, 3.182667 ] }, { "date": "2025-09-12", "close": 3.1, "volume": 230851, "typical_volume": 440705.75, "trend": 3.002333, "fair_value": 3.556432, "relative_strength": -3.785746, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.814455, "energy": 15.013252, "activity_lines": [ 3.279333, 3.390364, 3.335857, 3.188839 ] }, { "date": "2025-09-19", "close": 3.17, "volume": 348891, "typical_volume": 437138.1, "trend": 3.018, "fair_value": 3.532872, "relative_strength": -1.730721, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.370004, "energy": 14.217743, "activity_lines": [ 3.221333, 3.339818, 3.331143, 3.199656 ] }, { "date": "2025-09-26", "close": 2.82, "volume": 413621, "typical_volume": 413771.3, "trend": 3.017333, "fair_value": 3.532258, "relative_strength": -12.035191, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.798228, "energy": 12.123074, "activity_lines": [ 3.073333, 3.228, 3.289762, 3.186882 ] }, { "date": "2025-10-03", "close": 3.15, "volume": 449182, "typical_volume": 387803.7, "trend": 3.035, "fair_value": 3.534951, "relative_strength": -4.490771, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.614528, "energy": 13.956352, "activity_lines": [ 3.072, 3.191273, 3.279, 3.195441 ] }, { "date": "2025-10-10", "close": 3.19, "volume": 194567, "typical_volume": 365721.25, "trend": 3.051333, "fair_value": 3.537835, "relative_strength": -2.276733, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.733519, "energy": 11.595644, "activity_lines": [ 3.096667, 3.173818, 3.271714, 3.205441 ] }, { "date": "2025-10-17", "close": 3.7, "volume": 465877, "typical_volume": 361582.5, "trend": 3.092667, "fair_value": 3.544117, "relative_strength": 13.593391, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.538213, "energy": 15.14219, "activity_lines": [ 3.301333, 3.252, 3.312381, 3.24729 ] }, { "date": "2025-10-24", "close": 2.71, "volume": 1660314, "typical_volume": 433577.1, "trend": 3.101, "fair_value": 3.54572, "relative_strength": -18.94529, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.688537, "energy": 2.349613, "activity_lines": [ 3.136, 3.149273, 3.255095, 3.222602 ] }, { "date": "2025-10-31", "close": 2.45, "volume": 334732, "typical_volume": 414440.2, "trend": 3.102667, "fair_value": 3.545207, "relative_strength": -25.723932, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.106791, "energy": 22.269289, "activity_lines": [ 2.914667, 3.014909, 3.175286, 3.180602 ] }, { "date": "2025-11-07", "close": 2.08, "volume": 456890, "typical_volume": 427106.3, "trend": 3.089, "fair_value": 3.544502, "relative_strength": -35.600245, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.644817, "energy": 48.772641, "activity_lines": [ 2.594667, 2.83, 3.063667, 3.114624 ] }, { "date": "2025-11-14", "close": 2.032126, "volume": 197356, "typical_volume": 425271.55, "trend": 3.072071, "fair_value": 3.543195, "relative_strength": -36.947708, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.622275, "energy": 71.586393, "activity_lines": [ 2.330042, 2.659296, 2.952488, 3.046438 ] }, { "date": "2025-11-21", "close": 2.06, "volume": 258596, "typical_volume": 416649.2, "trend": 3.058404, "fair_value": 3.535913, "relative_strength": -34.067166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.815076, "energy": 75.938297, "activity_lines": [ 2.1519, 2.517439, 2.85024, 2.981143 ] }, { "date": "2025-11-28", "close": 2.03, "volume": 427116, "typical_volume": 421985.9, "trend": 3.043738, "fair_value": 3.52958, "relative_strength": -36.394691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.143246, "energy": 77.438382, "activity_lines": [ 2.073092, 2.389037, 2.749087, 2.914795 ] }, { "date": "2025-12-05", "close": 2.1, "volume": 471257, "typical_volume": 419834.5, "trend": 3.025404, "fair_value": 3.518541, "relative_strength": -34.355922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.905381, "energy": 71.657425, "activity_lines": [ 2.06295, 2.294089, 2.660648, 2.853908 ] }, { "date": "2025-12-12", "close": 1.985, "volume": 405661, "typical_volume": 418979.0, "trend": 2.988904, "fair_value": 3.511599, "relative_strength": -37.11623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.046637, "energy": 63.023358, "activity_lines": [ 2.037808, 2.191323, 2.568638, 2.786786 ] }, { "date": "2025-12-19", "close": 1.98, "volume": 495941, "typical_volume": 432825.45, "trend": 2.952904, "fair_value": 3.50133, "relative_strength": -36.979837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.484694, "energy": 46.25263, "activity_lines": [ 2.017333, 2.10883, 2.484842, 2.721695 ] }, { "date": "2025-12-26", "close": 2.38, "volume": 363703, "typical_volume": 431743.1, "trend": 2.934571, "fair_value": 3.494535, "relative_strength": -23.796599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.284878, "energy": 34.349447, "activity_lines": [ 2.133667, 2.121064, 2.445666, 2.684733 ] }, { "date": "2026-01-02", "close": 2.34, "volume": 537409, "typical_volume": 443150.9, "trend": 2.906571, "fair_value": 3.48624, "relative_strength": -25.264556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.598189, "energy": 27.910374, "activity_lines": [ 2.215333, 2.150025, 2.408727, 2.646374 ] }, { "date": "2026-01-09", "close": 2.19, "volume": 274306, "typical_volume": 439642.3, "trend": 2.873904, "fair_value": 3.478163, "relative_strength": -31.772398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.943744, "energy": 23.217967, "activity_lines": [ 2.226333, 2.158441, 2.36336, 2.600144 ] }, { "date": "2026-01-16", "close": 1.88, "volume": 519909, "typical_volume": 436529.55, "trend": 2.832238, "fair_value": 3.466112, "relative_strength": -42.089143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.813314, "energy": 27.938013, "activity_lines": [ 2.128, 2.11522, 2.294088, 2.536021 ] }, { "date": "2026-01-23", "close": 1.81, "volume": 406968, "typical_volume": 445657.35, "trend": 2.780904, "fair_value": 3.450855, "relative_strength": -43.32471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.348591, "energy": 44.063394, "activity_lines": [ 2.013333, 2.062909, 2.225101, 2.47007 ] }, { "date": "2026-01-30", "close": 2.4, "volume": 793950, "typical_volume": 473812.3, "trend": 2.764571, "fair_value": 3.438586, "relative_strength": -24.833452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.239493, "energy": 32.298425, "activity_lines": [ 2.106667, 2.121909, 2.219591, 2.445495 ] }, { "date": "2026-02-06", "close": 2.56, "volume": 249360, "typical_volume": 468835.75, "trend": 2.739904, "fair_value": 3.423394, "relative_strength": -22.065343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.494812, "energy": 17.76208, "activity_lines": [ 2.252, 2.203818, 2.232652, 2.432297 ] }, { "date": "2026-02-13", "close": 2.84, "volume": 380150, "typical_volume": 467162.2, "trend": 2.712904, "fair_value": 3.412766, "relative_strength": -13.121006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.3195, "energy": 11.668399, "activity_lines": [ 2.476, 2.327, 2.275285, 2.438755 ] }, { "date": "2026-02-20", "close": 3.05, "volume": 881816, "typical_volume": 488793.9, "trend": 2.687571, "fair_value": 3.402227, "relative_strength": -8.423596, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.66618, "energy": 31.636304, "activity_lines": [ 2.726667, 2.474909, 2.337823, 2.460503 ] }, { "date": "2026-02-27", "close": 3.0, "volume": 713146, "typical_volume": 514722.85, "trend": 2.675904, "fair_value": 3.39333, "relative_strength": -10.924562, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.370042, "energy": 38.929518, "activity_lines": [ 2.882667, 2.594364, 2.396074, 2.48066 ] }, { "date": "2026-03-06", "close": 2.74, "volume": 392446, "typical_volume": 511051.3, "trend": 2.645571, "fair_value": 3.385509, "relative_strength": -13.620004, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.640488, "energy": 38.820064, "activity_lines": [ 2.872667, 2.648, 2.430469, 2.484795 ] }, { "date": "2026-03-13", "close": 2.79, "volume": 214388, "typical_volume": 438755.0, "trend": 2.619571, "fair_value": 3.377753, "relative_strength": -11.33145, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.046222, "energy": 33.454664, "activity_lines": [ 2.856667, 2.704182, 2.474197, 2.494113 ] }, { "date": "2026-03-20", "close": 2.54, "volume": 233920, "typical_volume": 433714.4, "trend": 2.591904, "fair_value": 3.364919, "relative_strength": -14.859428, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.422402, "energy": 17.326896, "activity_lines": [ 2.742, 2.706727, 2.493735, 2.48898 ] }, { "date": "2026-03-27", "close": 2.8, "volume": 223927, "typical_volume": 422066.25, "trend": 2.573904, "fair_value": 3.353702, "relative_strength": -6.136686, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.83931, "energy": 11.024786, "activity_lines": [ 2.734, 2.750182, 2.537605, 2.502405 ] }, { "date": "2026-04-03", "close": 2.69, "volume": 133825, "typical_volume": 418889.7, "trend": 2.552238, "fair_value": 3.340528, "relative_strength": -12.689308, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.510594, "energy": 8.92079, "activity_lines": [ 2.706, 2.756909, 2.567571, 2.509895 ] }, { "date": "2026-04-10", "close": 2.58, "volume": 121510, "typical_volume": 412035.4, "trend": 2.534904, "fair_value": 3.322516, "relative_strength": -19.751128, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.813847, "energy": 6.219048, "activity_lines": [ 2.662, 2.727636, 2.583929, 2.511686 ] }, { "date": "2026-04-17", "close": 2.57, "volume": 210139, "typical_volume": 401186.55, "trend": 2.514904, "fair_value": 3.283669, "relative_strength": -21.481326, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.694152, "energy": 4.564257, "activity_lines": [ 2.625333, 2.693273, 2.596857, 2.513951 ] }, { "date": "2026-04-24", "close": 2.74, "volume": 217464, "typical_volume": 388496.9, "trend": 2.512238, "fair_value": 3.258093, "relative_strength": -13.883558, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.82913, "energy": 15.029258, "activity_lines": [ 2.66, 2.689636, 2.623405, 2.528473 ] }, { "date": "2026-05-01", "close": 2.72, "volume": 311776, "typical_volume": 383802.65, "trend": 2.497904, "fair_value": 3.233221, "relative_strength": -13.192409, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.539737, "energy": 14.867045, "activity_lines": [ 2.674667, 2.684182, 2.645, 2.541877 ] }, { "date": "2026-05-08", "close": 2.64, "volume": 963035, "typical_volume": 407157.35, "trend": 2.479571, "fair_value": 3.207387, "relative_strength": -15.754229, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.102546, "energy": 13.848347, "activity_lines": [ 2.668, 2.670182, 2.655476, 2.551044 ] }, { "date": "2026-05-15", "close": 2.55, "volume": 259641, "typical_volume": 401954.25, "trend": 2.441238, "fair_value": 3.177259, "relative_strength": -17.047675, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.639745, "energy": 9.610126, "activity_lines": [ 2.634667, 2.646364, 2.654238, 2.555588 ] }, { "date": "2026-05-22", "close": 2.67, "volume": 249861, "typical_volume": 387576.85, "trend": 2.439904, "fair_value": 3.150657, "relative_strength": -15.554011, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.125164, "energy": 9.671989, "activity_lines": [ 2.643333, 2.647818, 2.663619, 2.570347 ] }, { "date": "2026-05-29", "close": 2.48, "volume": 313415, "typical_volume": 389532.3, "trend": 2.440904, "fair_value": 3.124631, "relative_strength": -20.780867, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.382884, "energy": 7.985296, "activity_lines": [ 2.582, 2.616909, 2.653333, 2.572934 ] }, { "date": "2026-06-05", "close": 2.54, "volume": 43185, "typical_volume": 365696.1, "trend": 2.456238, "fair_value": 3.099439, "relative_strength": -17.590883, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.120698, "energy": 8.884567, "activity_lines": [ 2.558, 2.598, 2.647381, 2.579327 ] }, { "date": "2026-06-12", "close": 2.43, "volume": 45045, "typical_volume": 347599.95, "trend": 2.4695, "fair_value": 3.079759, "relative_strength": -20.300308, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.542279, "energy": 11.274544, "activity_lines": [ 2.509333, 2.563818, 2.62781, 2.577634 ] }, { "date": "2026-06-19", "close": 2.58, "volume": 334353, "typical_volume": 324620.1, "trend": 2.486833, "fair_value": 3.063028, "relative_strength": -16.344987, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.624999, "energy": 11.000182, "activity_lines": [ 2.524667, 2.561636, 2.619571, 2.584763 ] }, { "date": "2026-06-26", "close": 2.52, "volume": 12446, "typical_volume": 312774.4, "trend": 2.503167, "fair_value": 3.045208, "relative_strength": -16.753337, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.143334, "energy": 10.854299, "activity_lines": [ 2.518, 2.548545, 2.604762, 2.586903 ] }, { "date": "2026-07-03", "close": 2.65, "volume": 157385, "typical_volume": 301636.15, "trend": 2.5215, "fair_value": 3.032516, "relative_strength": -14.40621, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.994524, "energy": 10.8094, "activity_lines": [ 2.564667, 2.56, 2.602524, 2.596376 ] }, { "date": "2026-07-10", "close": 2.78, "volume": 2053141, "typical_volume": 360202.4, "trend": 2.548, "fair_value": 3.015657, "relative_strength": -7.463266, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.873531, "energy": 17.374361, "activity_lines": [ 2.643333, 2.596727, 2.613571, 2.613054 ] }, { "date": "2026-07-17", "close": 2.54, "volume": 678991, "typical_volume": 358494.65, "trend": 2.566667, "fair_value": 2.999759, "relative_strength": -13.522103, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.28528, "energy": 9.190792, "activity_lines": [ 2.626, 2.588727, 2.603048, 2.612538 ] }, { "date": "2026-07-24", "close": 2.54, "volume": 416847, "typical_volume": 359714.7, "trend": 2.572, "fair_value": 2.984022, "relative_strength": -13.758953, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.011356, "energy": 8.894453, "activity_lines": [ 2.601333, 2.582545, 2.594714, 2.610817 ] }, { "date": "2026-07-31", "close": 2.43, "volume": 733000, "typical_volume": 385645.3, "trend": 2.575, "fair_value": 2.969278, "relative_strength": -17.709184, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.023779, "energy": 11.69556, "activity_lines": [ 2.542667, 2.556545, 2.576857, 2.601656 ] }, { "date": "2026-08-07", "close": 2.62, "volume": 421944, "typical_volume": 395046.5, "trend": 2.589333, "fair_value": 2.958541, "relative_strength": -11.888421, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.335309, "energy": 11.073194, "activity_lines": [ 2.553333, 2.569455, 2.57881, 2.604559 ] } ], "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." } } }