{ "ticker": { "uuid": "a32174b3-6620-48b3-8a9b-2fe5b3faaa17", "symbol": "ING", "name": "Inghams Group Limited", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 48.624, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 33.167, "architecture_energy": 54.602, "architecture_maturity": 5.531, "architecture_confidence": 48.786, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 31.37, "rotation_up": 63.26, "upward_expansion": 59.57, "deceleration": 24.55, "rotation_down": 18.5, "downward_expansion": 20.24 }, "activity_lines": [ 2.186, 2.146, 2.081833, 2.059404 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 2.13, "trend_reference": 2.09001, "distance_from_trend": 0.019134, "trend_direction": "Weakening", "fair_value": 2.848439, "distance_from_fair_value": -0.252222, "fair_value_direction": "Improving", "relative_strength": -10.518206, "relative_strength_direction": "Improving", "price_momentum": -0.119779, "excess_performance": -0.183485, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.019134, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.044066, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.252222, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.156795, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.105182, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.244821, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.119779, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.189334, "read": "Demand-led" } ], "volume": { "latest": 9974136, "relative_activity": 1.208917, "balance": 2.189334, "dry_up": 0.897632, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.056789, "annualized_volatility": 0.384525, "from_high_reference": -0.370348, "from_low_reference": 0.260355 }, "levels": { "trend_reference": 2.09001, "fair_value_reference": 2.848439, "structural_low": 1.69, "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": 4, "median_return": 0.014615, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.01472, "regime_survival": 0.25, "best_return": 0.044444, "worst_return": -0.003484, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.133124, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.185533, "regime_survival": 0.0, "best_return": 0.192073, "worst_return": 0.121952, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.133124, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.081064, "regime_survival": 0.0, "best_return": 0.152439, "worst_return": -0.006293, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.128295, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.1171, "regime_survival": 0.0, "best_return": 0.406638, "worst_return": -0.150049, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-05", "end": "2024-05-03", "tenure": "Developing", "return": 0.041322, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-10", "end": "2024-08-16", "tenure": "Established", "return": 0.023316, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-08-30", "tenure": "New", "return": 0.006472, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2024-12-06", "tenure": "Established", "return": 0.064217, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": 0.015823, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-24", "end": "2025-02-07", "tenure": "New", "return": 0.019048, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-06-27", "tenure": "Established", "return": 0.137089, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": -0.002825, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": -0.056537, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-12", "end": "2026-01-16", "tenure": "Established", "return": 0.042724, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-20", "tenure": "Developing", "return": -0.159363, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-06-12", "tenure": "Established", "return": 0.050455, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-24", "tenure": "Developing", "return": 0.057143, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.053333, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.838647, "volume": 10667776, "typical_volume": 4919955.6, "trend": 2.427189, "fair_value": 2.547218, "relative_strength": 21.567028, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.156184, "energy": 39.755565, "activity_lines": [ 2.509991, 2.413079, 2.385015, 2.40629 ] }, { "date": "2023-08-25", "close": 2.914232, "volume": 8424082, "typical_volume": 5001152.2, "trend": 2.44434, "fair_value": 2.549826, "relative_strength": 24.678606, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.243895, "energy": 73.559828, "activity_lines": [ 2.66844, 2.515692, 2.434846, 2.437712 ] }, { "date": "2023-09-01", "close": 2.931029, "volume": 6886006, "typical_volume": 5195963.35, "trend": 2.460947, "fair_value": 2.552638, "relative_strength": 21.931217, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.468485, "energy": 94.616461, "activity_lines": [ 2.793856, 2.609601, 2.483956, 2.469111 ] }, { "date": "2023-09-08", "close": 2.855444, "volume": 6750753, "typical_volume": 5326144.3, "trend": 2.48, "fair_value": 2.555404, "relative_strength": 20.100848, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.588223, "energy": 88.703941, "activity_lines": [ 2.853764, 2.67694, 2.523508, 2.494563 ] }, { "date": "2023-09-15", "close": 2.881919, "volume": 7496637, "typical_volume": 5564713.2, "trend": 2.500487, "fair_value": 2.558648, "relative_strength": 18.558886, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.154619, "energy": 88.164645, "activity_lines": [ 2.886105, 2.737183, 2.563583, 2.520493 ] }, { "date": "2023-09-22", "close": 2.899228, "volume": 9430307, "typical_volume": 5818898.55, "trend": 2.508311, "fair_value": 2.562499, "relative_strength": 22.066733, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.067239, "energy": 86.634027, "activity_lines": [ 2.891096, 2.789556, 2.60282, 2.546218 ] }, { "date": "2023-09-29", "close": 2.873265, "volume": 6260033, "typical_volume": 5951689.2, "trend": 2.51527, "fair_value": 2.566085, "relative_strength": 20.606251, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.257637, "energy": 64.011099, "activity_lines": [ 2.883394, 2.826944, 2.637616, 2.569764 ] }, { "date": "2023-10-06", "close": 2.86461, "volume": 5596488, "typical_volume": 5562157.05, "trend": 2.523871, "fair_value": 2.56907, "relative_strength": 21.127592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.027306, "energy": 60.652029, "activity_lines": [ 2.875538, 2.852968, 2.670023, 2.592302 ] }, { "date": "2023-10-13", "close": 2.925191, "volume": 7275497, "typical_volume": 5653690.5, "trend": 2.535434, "fair_value": 2.572641, "relative_strength": 21.195248, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.851969, "energy": 59.13911, "activity_lines": [ 2.892304, 2.88022, 2.706637, 2.618193 ] }, { "date": "2023-10-20", "close": 2.933846, "volume": 5772684, "typical_volume": 5724479.6, "trend": 2.550645, "fair_value": 2.576467, "relative_strength": 23.350682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.181822, "energy": 56.903891, "activity_lines": [ 2.907305, 2.897852, 2.741943, 2.643897 ] }, { "date": "2023-10-27", "close": 2.881919, "volume": 5311603, "typical_volume": 5783392.1, "trend": 2.559366, "fair_value": 2.580753, "relative_strength": 21.689314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.267417, "energy": 51.117376, "activity_lines": [ 2.901536, 2.896066, 2.76957, 2.66527 ] }, { "date": "2023-11-03", "close": 3.392529, "volume": 21200656, "typical_volume": 6599811.5, "trend": 2.591546, "fair_value": 2.586228, "relative_strength": 38.850705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.014127, "energy": 68.95993, "activity_lines": [ 3.067123, 2.986332, 2.842862, 2.719022 ] }, { "date": "2023-11-10", "close": 3.383875, "volume": 8023990, "typical_volume": 6723871.65, "trend": 2.623157, "fair_value": 2.592343, "relative_strength": 37.218384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.584264, "energy": 86.135734, "activity_lines": [ 3.195209, 3.066327, 2.909973, 2.77014 ] }, { "date": "2023-11-17", "close": 3.383875, "volume": 8980773, "typical_volume": 6930085.65, "trend": 2.654769, "fair_value": 2.59821, "relative_strength": 34.63933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.935973, "energy": 93.244967, "activity_lines": [ 3.288676, 3.13809, 2.971568, 2.819219 ] }, { "date": "2023-11-24", "close": 3.219441, "volume": 10637172, "typical_volume": 7226638.8, "trend": 2.683419, "fair_value": 2.60337, "relative_strength": 27.297196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.891346, "energy": 87.620894, "activity_lines": [ 3.296754, 3.170347, 3.011866, 2.855649 ] }, { "date": "2023-12-01", "close": 3.340603, "volume": 14965289, "typical_volume": 7807827.05, "trend": 2.711909, "fair_value": 2.609455, "relative_strength": 30.456001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.687797, "energy": 86.2473, "activity_lines": [ 3.326179, 3.218497, 3.059212, 2.898048 ] }, { "date": "2023-12-08", "close": 3.375221, "volume": 8720951, "typical_volume": 8095267.8, "trend": 2.739592, "fair_value": 2.615812, "relative_strength": 28.653875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.140926, "energy": 75.944663, "activity_lines": [ 3.336564, 3.264916, 3.105064, 2.940843 ] }, { "date": "2023-12-15", "close": 3.409838, "volume": 19878206, "typical_volume": 8889561.4, "trend": 2.76871, "fair_value": 2.621647, "relative_strength": 24.711104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.060731, "energy": 66.479227, "activity_lines": [ 3.359643, 3.308503, 3.149258, 2.984084 ] }, { "date": "2023-12-22", "close": 3.401184, "volume": 3530585, "typical_volume": 8934017.65, "trend": 2.799499, "fair_value": 2.627823, "relative_strength": 22.592736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.04184, "energy": 65.388097, "activity_lines": [ 3.378105, 3.340603, 3.187469, 3.024889 ] }, { "date": "2023-12-29", "close": 3.427147, "volume": 1136989, "typical_volume": 8847323.85, "trend": 2.835073, "fair_value": 2.634315, "relative_strength": 21.349688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.80931, "energy": 64.825948, "activity_lines": [ 3.404069, 3.368769, 3.222955, 3.065383 ] }, { "date": "2024-01-05", "close": 3.323294, "volume": 3453900, "typical_volume": 8486630.05, "trend": 2.870544, "fair_value": 2.639595, "relative_strength": 18.626221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.203094, "energy": 56.233695, "activity_lines": [ 3.381567, 3.369084, 3.243587, 3.096881 ] }, { "date": "2024-01-12", "close": 3.531, "volume": 5585165, "typical_volume": 8344684.2, "trend": 2.912659, "fair_value": 2.646653, "relative_strength": 24.971429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.693645, "energy": 59.87891, "activity_lines": [ 3.429455, 3.399138, 3.281693, 3.139491 ] }, { "date": "2024-01-19", "close": 3.686779, "volume": 5485910, "typical_volume": 8274679.4, "trend": 2.961366, "fair_value": 2.654511, "relative_strength": 30.660206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.158517, "energy": 64.74862, "activity_lines": [ 3.518884, 3.454998, 3.331699, 3.189434 ] }, { "date": "2024-01-26", "close": 3.730052, "volume": 4107832, "typical_volume": 8142533.35, "trend": 3.012355, "fair_value": 2.662101, "relative_strength": 28.716445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.86726, "energy": 68.108092, "activity_lines": [ 3.604274, 3.513219, 3.382227, 3.239027 ] }, { "date": "2024-02-02", "close": 3.756015, "volume": 4909902, "typical_volume": 8013196.6, "trend": 3.06169, "fair_value": 2.668914, "relative_strength": 26.138719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.934897, "energy": 91.629507, "activity_lines": [ 3.676394, 3.569866, 3.431062, 3.287005 ] }, { "date": "2024-02-09", "close": 3.730052, "volume": 5868608, "typical_volume": 7835111.65, "trend": 3.1082, "fair_value": 2.675462, "relative_strength": 25.038032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.890868, "energy": 87.529362, "activity_lines": [ 3.717936, 3.612037, 3.473263, 3.330125 ] }, { "date": "2024-02-16", "close": 3.271368, "volume": 15481423, "typical_volume": 8296181.15, "trend": 3.139421, "fair_value": 2.67783, "relative_strength": 8.832941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.70336, "energy": 45.689516, "activity_lines": [ 3.579465, 3.56373, 3.467823, 3.340652 ] }, { "date": "2024-02-23", "close": 3.080971, "volume": 21252301, "typical_volume": 9078971.8, "trend": 3.164575, "fair_value": 2.680168, "relative_strength": 2.502879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 8.502118, "energy": 13.245787, "activity_lines": [ 3.394838, 3.482693, 3.442354, 3.336881 ] }, { "date": "2024-03-01", "close": 3.124243, "volume": 14730717, "typical_volume": 9451732.8, "trend": 3.191732, "fair_value": 2.68313, "relative_strength": 2.385791, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.325437, "energy": 28.471689, "activity_lines": [ 3.265021, 3.415503, 3.419976, 3.334279 ] }, { "date": "2024-03-08", "close": 3.184823, "volume": 9907484, "typical_volume": 9658472.8, "trend": 3.218388, "fair_value": 2.685885, "relative_strength": 2.816421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.013373, "energy": 39.042008, "activity_lines": [ 3.195786, 3.364363, 3.40242, 3.333833 ] }, { "date": "2024-03-15", "close": 3.076632, "volume": 11274547, "typical_volume": 9956620.0, "trend": 3.226321, "fair_value": 2.688328, "relative_strength": 1.451113, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.182925, "energy": 43.977505, "activity_lines": [ 3.128566, 3.297958, 3.373365, 3.324688 ] }, { "date": "2024-03-22", "close": 3.21973, "volume": 6229834, "typical_volume": 9208078.9, "trend": 3.236504, "fair_value": 2.690725, "relative_strength": 4.503817, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.645585, "energy": 43.907753, "activity_lines": [ 3.152607, 3.262056, 3.357011, 3.324262 ] }, { "date": "2024-03-29", "close": 3.210787, "volume": 3900152, "typical_volume": 9001887.0, "trend": 3.245829, "fair_value": 2.694282, "relative_strength": 2.340639, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.602649, "energy": 26.562311, "activity_lines": [ 3.177109, 3.230187, 3.340628, 3.322603 ] }, { "date": "2024-04-05", "close": 3.246561, "volume": 3273243, "typical_volume": 8716510.5, "trend": 3.258867, "fair_value": 2.698219, "relative_strength": 4.713508, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.86243, "energy": 19.595066, "activity_lines": [ 3.204882, 3.213477, 3.328477, 3.32265 ] }, { "date": "2024-04-12", "close": 3.166068, "volume": 4125548, "typical_volume": 8390929.3, "trend": 3.268338, "fair_value": 2.701641, "relative_strength": 1.552674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.716605, "energy": 16.829964, "activity_lines": [ 3.197669, 3.190922, 3.309313, 3.316663 ] }, { "date": "2024-04-19", "close": 3.175012, "volume": 6139318, "typical_volume": 7949630.75, "trend": 3.277531, "fair_value": 2.705069, "relative_strength": 4.373226, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.430109, "energy": 16.916517, "activity_lines": [ 3.194688, 3.18072, 3.291255, 3.310642 ] }, { "date": "2024-04-26", "close": 3.166068, "volume": 4190275, "typical_volume": 7723096.95, "trend": 3.287291, "fair_value": 2.708795, "relative_strength": 3.490523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.013202, "energy": 17.066729, "activity_lines": [ 3.182167, 3.178983, 3.273134, 3.303451 ] }, { "date": "2024-05-03", "close": 3.380717, "volume": 7280004, "typical_volume": 7093186.85, "trend": 3.304495, "fair_value": 2.713998, "relative_strength": 9.223614, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 0.128601, "energy": 4.941641, "activity_lines": [ 3.244773, 3.218188, 3.276452, 3.309479 ] }, { "date": "2024-05-10", "close": 3.452266, "volume": 6478307, "typical_volume": 7240572.95, "trend": 3.322064, "fair_value": 2.719963, "relative_strength": 9.316563, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -10.766758, "energy": 13.139694, "activity_lines": [ 3.3199, 3.264952, 3.286722, 3.319012 ] }, { "date": "2024-05-17", "close": 3.38966, "volume": 3311595, "typical_volume": 7349303.25, "trend": 3.337258, "fair_value": 2.725781, "relative_strength": 6.008879, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.464773, "energy": 22.041692, "activity_lines": [ 3.360444, 3.294369, 3.290787, 3.323373 ] }, { "date": "2024-05-24", "close": 3.21973, "volume": 17568497, "typical_volume": 8055033.1, "trend": 3.348518, "fair_value": 2.729141, "relative_strength": 1.489802, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.40582, "energy": 20.280768, "activity_lines": [ 3.329439, 3.289166, 3.278847, 3.315791 ] }, { "date": "2024-05-31", "close": 3.166068, "volume": 7488597, "typical_volume": 8150204.7, "trend": 3.340969, "fair_value": 2.730029, "relative_strength": -0.243644, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.709975, "energy": 15.22372, "activity_lines": [ 3.277566, 3.271604, 3.262289, 3.30402 ] }, { "date": "2024-06-07", "close": 3.246561, "volume": 4568076, "typical_volume": 8104313.0, "trend": 3.336392, "fair_value": 2.732092, "relative_strength": -0.214033, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.640414, "energy": 18.076547, "activity_lines": [ 3.252524, 3.269652, 3.255135, 3.297929 ] }, { "date": "2024-06-14", "close": 3.112406, "volume": 3969932, "typical_volume": 8097418.0, "trend": 3.327343, "fair_value": 2.731926, "relative_strength": -3.06313, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.690896, "energy": 35.448469, "activity_lines": [ 3.191707, 3.242658, 3.2373, 3.283478 ] }, { "date": "2024-06-21", "close": 3.112406, "volume": 7098783, "typical_volume": 8206862.05, "trend": 3.323775, "fair_value": 2.73166, "relative_strength": -4.334124, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.169314, "energy": 53.247963, "activity_lines": [ 3.153547, 3.218104, 3.222407, 3.269611 ] }, { "date": "2024-06-28", "close": 3.237618, "volume": 9366983, "typical_volume": 8381780.8, "trend": 3.320343, "fair_value": 2.732398, "relative_strength": -0.630237, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.507167, "energy": 41.164996, "activity_lines": [ 3.175608, 3.217291, 3.222503, 3.264053 ] }, { "date": "2024-07-05", "close": 3.282336, "volume": 4469583, "typical_volume": 7831188.8, "trend": 3.317246, "fair_value": 2.734335, "relative_strength": -0.403808, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.725579, "energy": 23.107997, "activity_lines": [ 3.211383, 3.22347, 3.229203, 3.261601 ] }, { "date": "2024-07-12", "close": 3.21973, "volume": 3590708, "typical_volume": 6948109.15, "trend": 3.310909, "fair_value": 2.735162, "relative_strength": -4.355424, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.633946, "energy": 14.547493, "activity_lines": [ 3.218538, 3.216153, 3.229888, 3.255309 ] }, { "date": "2024-07-19", "close": 3.237618, "volume": 3579233, "typical_volume": 6390534.95, "trend": 3.305457, "fair_value": 2.736103, "relative_strength": -4.350485, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.653262, "energy": 14.299387, "activity_lines": [ 3.233444, 3.215015, 3.231617, 3.250581 ] }, { "date": "2024-07-26", "close": 3.237618, "volume": 3893349, "typical_volume": 6089828.2, "trend": 3.29914, "fair_value": 2.737602, "relative_strength": -4.153342, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.913697, "energy": 13.079922, "activity_lines": [ 3.240003, 3.217779, 3.232805, 3.246204 ] }, { "date": "2024-08-02", "close": 3.29128, "volume": 3776878, "typical_volume": 5714944.75, "trend": 3.298073, "fair_value": 2.739343, "relative_strength": -3.265544, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.501568, "energy": 9.585419, "activity_lines": [ 3.256101, 3.233065, 3.238853, 3.245697 ] }, { "date": "2024-08-09", "close": 3.282336, "volume": 4001864, "typical_volume": 5603546.25, "trend": 3.289784, "fair_value": 2.740825, "relative_strength": -1.903146, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.039774, "energy": 7.53701, "activity_lines": [ 3.265641, 3.245423, 3.243026, 3.244682 ] }, { "date": "2024-08-16", "close": 3.53276, "volume": 4633879, "typical_volume": 5640232.6, "trend": 3.28465, "fair_value": 2.742746, "relative_strength": 2.807671, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 41.878137, "energy": 40.733664, "activity_lines": [ 3.358656, 3.301199, 3.270752, 3.260358 ] }, { "date": "2024-08-23", "close": 2.763602, "volume": 23639037, "typical_volume": 6658522.3, "trend": 3.252435, "fair_value": 2.739787, "relative_strength": -19.872091, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.147582, "energy": 32.440657, "activity_lines": [ 3.174416, 3.211925, 3.223691, 3.226742 ] }, { "date": "2024-08-30", "close": 2.781489, "volume": 21164723, "typical_volume": 7510481.05, "trend": 3.219951, "fair_value": 2.737095, "relative_strength": -19.819645, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.146992, "energy": 64.685624, "activity_lines": [ 3.027739, 3.132245, 3.180634, 3.196358 ] }, { "date": "2024-09-06", "close": 2.70994, "volume": 11739334, "typical_volume": 7790481.85, "trend": 3.185947, "fair_value": 2.733336, "relative_strength": -20.90112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.269232, "energy": 78.286159, "activity_lines": [ 2.887621, 3.045572, 3.132593, 3.163454 ] }, { "date": "2024-09-13", "close": 2.63839, "volume": 10637565, "typical_volume": 8112846.35, "trend": 3.164848, "fair_value": 2.729013, "relative_strength": -23.570652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.905758, "energy": 86.829642, "activity_lines": [ 2.762409, 2.955485, 3.079953, 3.128128 ] }, { "date": "2024-09-20", "close": 2.681904, "volume": 11618139, "typical_volume": 8329753.1, "trend": 3.151545, "fair_value": 2.725642, "relative_strength": -23.057555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.343454, "energy": 84.708801, "activity_lines": [ 2.694632, 2.885017, 3.03397, 3.09697 ] }, { "date": "2024-09-27", "close": 2.755381, "volume": 9333560, "typical_volume": 8472515.75, "trend": 3.13925, "fair_value": 2.722431, "relative_strength": -20.716569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.470505, "energy": 81.301387, "activity_lines": [ 2.708071, 2.837688, 2.998312, 3.071411 ] }, { "date": "2024-10-04", "close": 2.645166, "volume": 9731404, "typical_volume": 8793506.2, "trend": 3.121261, "fair_value": 2.719136, "relative_strength": -23.00133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.930667, "energy": 77.689455, "activity_lines": [ 2.685319, 2.779087, 2.955477, 3.039535 ] }, { "date": "2024-10-11", "close": 2.635981, "volume": 7279838, "typical_volume": 8279073.25, "trend": 3.106573, "fair_value": 2.715988, "relative_strength": -23.543411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.97018, "energy": 58.502859, "activity_lines": [ 2.668594, 2.729588, 2.915311, 3.008227 ] }, { "date": "2024-10-18", "close": 2.635981, "volume": 6608176, "typical_volume": 8235052.2, "trend": 3.087115, "fair_value": 2.7131, "relative_strength": -23.804253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.556561, "energy": 55.098556, "activity_lines": [ 2.6568, 2.692004, 2.877926, 2.977866 ] }, { "date": "2024-10-25", "close": 2.645166, "volume": 6003610, "typical_volume": 8306828.9, "trend": 3.068261, "fair_value": 2.71084, "relative_strength": -22.512427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.121296, "energy": 53.381835, "activity_lines": [ 2.648227, 2.667841, 2.843939, 2.949353 ] }, { "date": "2024-11-01", "close": 2.663535, "volume": 5822397, "typical_volume": 8399452.15, "trend": 3.048826, "fair_value": 2.709786, "relative_strength": -20.504001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.258273, "energy": 49.854628, "activity_lines": [ 2.648227, 2.663157, 2.814566, 2.923242 ] }, { "date": "2024-11-08", "close": 2.764565, "volume": 5620884, "typical_volume": 8325557.2, "trend": 3.035443, "fair_value": 2.709949, "relative_strength": -18.667127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.722178, "energy": 37.924297, "activity_lines": [ 2.688027, 2.678661, 2.796952, 2.904902 ] }, { "date": "2024-11-15", "close": 2.838042, "volume": 8674142, "typical_volume": 8290915.15, "trend": 3.024211, "fair_value": 2.710117, "relative_strength": -15.862834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.243607, "energy": 27.39753, "activity_lines": [ 2.744359, 2.707832, 2.787992, 2.892167 ] }, { "date": "2024-11-22", "close": 2.874781, "volume": 6434340, "typical_volume": 8389153.0, "trend": 3.014501, "fair_value": 2.710934, "relative_strength": -15.417803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.188201, "energy": 29.603484, "activity_lines": [ 2.799467, 2.741353, 2.784434, 2.882526 ] }, { "date": "2024-11-29", "close": 2.847227, "volume": 5416757, "typical_volume": 8480455.45, "trend": 2.996718, "fair_value": 2.711834, "relative_strength": -16.112528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.902849, "energy": 29.953774, "activity_lines": [ 2.82947, 2.765567, 2.780192, 2.871734 ] }, { "date": "2024-12-06", "close": 2.883965, "volume": 5245354, "typical_volume": 8563761.5, "trend": 2.977775, "fair_value": 2.713022, "relative_strength": -14.357339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.872906, "energy": 22.915701, "activity_lines": [ 2.858248, 2.793455, 2.781224, 2.86446 ] }, { "date": "2024-12-13", "close": 2.902334, "volume": 5063317, "typical_volume": 8622259.9, "trend": 2.961531, "fair_value": 2.714068, "relative_strength": -12.05623, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.272467, "energy": 21.905471, "activity_lines": [ 2.878454, 2.822345, 2.785688, 2.859593 ] }, { "date": "2024-12-20", "close": 2.828857, "volume": 7349395, "typical_volume": 8800885.75, "trend": 2.948501, "fair_value": 2.714073, "relative_strength": -11.40945, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.140608, "energy": 17.395167, "activity_lines": [ 2.864983, 2.833199, 2.784752, 2.851033 ] }, { "date": "2024-12-27", "close": 2.883965, "volume": 1841481, "typical_volume": 8692866.6, "trend": 2.939098, "fair_value": 2.714432, "relative_strength": -11.372182, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.044845, "energy": 15.086373, "activity_lines": [ 2.870494, 2.850566, 2.791265, 2.846869 ] }, { "date": "2025-01-03", "close": 2.966627, "volume": 2571608, "typical_volume": 8589753.05, "trend": 2.929767, "fair_value": 2.714751, "relative_strength": -8.330228, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.424039, "energy": 32.927216, "activity_lines": [ 2.902947, 2.878454, 2.807549, 2.848646 ] }, { "date": "2025-01-10", "close": 2.929888, "volume": 4387514, "typical_volume": 7627176.9, "trend": 2.923683, "fair_value": 2.716595, "relative_strength": -9.418877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.033279, "energy": 22.960996, "activity_lines": [ 2.915193, 2.893818, 2.823029, 2.848653 ] }, { "date": "2025-01-17", "close": 2.948258, "volume": 3089187, "typical_volume": 6723400.1, "trend": 2.918211, "fair_value": 2.71892, "relative_strength": -8.388137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.747958, "energy": 37.64037, "activity_lines": [ 2.930501, 2.907678, 2.839467, 2.850239 ] }, { "date": "2025-01-24", "close": 2.89315, "volume": 4067595, "typical_volume": 6339813.15, "trend": 2.906729, "fair_value": 2.720062, "relative_strength": -10.488434, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.532132, "energy": 28.46516, "activity_lines": [ 2.924378, 2.908179, 2.849862, 2.848622 ] }, { "date": "2025-01-31", "close": 2.957442, "volume": 4163358, "typical_volume": 6016102.8, "trend": 2.895899, "fair_value": 2.720996, "relative_strength": -9.18098, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.050726, "energy": 27.435199, "activity_lines": [ 2.935399, 2.919368, 2.865509, 2.851894 ] }, { "date": "2025-02-07", "close": 2.948258, "volume": 3535464, "typical_volume": 5611969.05, "trend": 2.88685, "fair_value": 2.721456, "relative_strength": -8.588808, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.029069, "energy": 25.81649, "activity_lines": [ 2.938461, 2.927383, 2.878761, 2.855272 ] }, { "date": "2025-02-14", "close": 2.966627, "volume": 4540946, "typical_volume": 5372338.35, "trend": 2.877817, "fair_value": 2.723121, "relative_strength": -8.121582, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 33.231743, "energy": 27.158004, "activity_lines": [ 2.94887, 2.936902, 2.892494, 2.860419 ] }, { "date": "2025-02-21", "close": 3.021734, "volume": 5237158, "typical_volume": 5147626.05, "trend": 2.870621, "fair_value": 2.725244, "relative_strength": -3.29504, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 41.186049, "energy": 43.940714, "activity_lines": [ 2.975199, 2.954937, 2.910469, 2.869704 ] }, { "date": "2025-02-28", "close": 3.095211, "volume": 7480857, "typical_volume": 5157677.0, "trend": 2.864085, "fair_value": 2.728717, "relative_strength": 0.683573, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.703795, "energy": 65.333092, "activity_lines": [ 3.021122, 2.984161, 2.93365, 2.884193 ] }, { "date": "2025-03-07", "close": 3.11358, "volume": 5191415, "typical_volume": 5086838.95, "trend": 2.85846, "fair_value": 2.732931, "relative_strength": 4.213278, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.621953, "energy": 72.51886, "activity_lines": [ 3.059697, 3.011882, 2.956392, 2.90029 ] }, { "date": "2025-03-14", "close": 2.936213, "volume": 6570944, "typical_volume": 5115205.65, "trend": 2.838575, "fair_value": 2.735818, "relative_strength": 0.400549, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.63221, "energy": 45.931771, "activity_lines": [ 3.028741, 3.003179, 2.959969, 2.905306 ] }, { "date": "2025-03-21", "close": 2.96472, "volume": 5639147, "typical_volume": 5106043.15, "trend": 2.845279, "fair_value": 2.738888, "relative_strength": -0.226112, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.243661, "energy": 35.533802, "activity_lines": [ 3.00809, 3.000213, 2.964874, 2.913444 ] }, { "date": "2025-03-28", "close": 2.993227, "volume": 4255576, "typical_volume": 5037777.75, "trend": 2.852337, "fair_value": 2.741982, "relative_strength": 0.254729, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.884232, "energy": 23.643502, "activity_lines": [ 2.997068, 3.001796, 2.97106, 2.922989 ] }, { "date": "2025-04-04", "close": 2.993227, "volume": 5511104, "typical_volume": 4879625.85, "trend": 2.86178, "fair_value": 2.745288, "relative_strength": 4.50947, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.416305, "energy": 18.778062, "activity_lines": [ 2.987947, 3.002561, 2.976158, 2.932079 ] }, { "date": "2025-04-11", "close": 3.12626, "volume": 8369676, "typical_volume": 4976392.65, "trend": 2.878042, "fair_value": 2.749235, "relative_strength": 9.44533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.343909, "energy": 32.745088, "activity_lines": [ 3.029969, 3.025695, 2.993186, 2.949142 ] }, { "date": "2025-04-18", "close": 3.221283, "volume": 7785490, "typical_volume": 5094829.3, "trend": 2.896022, "fair_value": 2.753738, "relative_strength": 10.325716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.28165, "energy": 54.730402, "activity_lines": [ 3.102821, 3.063037, 3.018066, 2.971287 ] }, { "date": "2025-04-25", "close": 3.278297, "volume": 3917264, "typical_volume": 5028424.8, "trend": 2.913452, "fair_value": 2.758395, "relative_strength": 10.214287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.930393, "energy": 73.935698, "activity_lines": [ 3.175672, 3.10578, 3.046595, 2.99595 ] }, { "date": "2025-05-02", "close": 3.325808, "volume": 7045866, "typical_volume": 5127552.25, "trend": 2.93614, "fair_value": 2.76505, "relative_strength": 8.369778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.573241, "energy": 82.539246, "activity_lines": [ 3.243455, 3.151495, 3.077772, 3.022553 ] }, { "date": "2025-05-09", "close": 3.62038, "volume": 10867127, "typical_volume": 5303438.85, "trend": 2.968954, "fair_value": 2.772588, "relative_strength": 18.100309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.665477, "energy": 92.644244, "activity_lines": [ 3.387257, 3.24524, 3.134986, 3.066698 ] }, { "date": "2025-05-16", "close": 3.677393, "volume": 6971478, "typical_volume": 5559938.7, "trend": 3.003667, "fair_value": 2.781338, "relative_strength": 18.300115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.383262, "energy": 94.962645, "activity_lines": [ 3.508252, 3.339802, 3.193861, 3.112404 ] }, { "date": "2025-05-23", "close": 3.601375, "volume": 5696915, "typical_volume": 5716204.05, "trend": 3.035541, "fair_value": 2.789654, "relative_strength": 15.532304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.37186, "energy": 89.91785, "activity_lines": [ 3.567167, 3.410292, 3.241717, 3.150965 ] }, { "date": "2025-05-30", "close": 3.563366, "volume": 6039228, "typical_volume": 5798789.75, "trend": 3.065535, "fair_value": 2.797674, "relative_strength": 13.246324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.003892, "energy": 87.303356, "activity_lines": [ 3.588072, 3.461778, 3.282931, 3.185019 ] }, { "date": "2025-06-06", "close": 3.563366, "volume": 5483731, "typical_volume": 5918516.95, "trend": 3.092162, "fair_value": 2.80527, "relative_strength": 12.137937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.972861, "energy": 78.983381, "activity_lines": [ 3.589972, 3.502378, 3.321129, 3.217137 ] }, { "date": "2025-06-13", "close": 3.639384, "volume": 3675817, "typical_volume": 5898928.05, "trend": 3.118873, "fair_value": 2.814835, "relative_strength": 13.971214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.33992, "energy": 66.133431, "activity_lines": [ 3.601375, 3.546434, 3.363638, 3.252441 ] }, { "date": "2025-06-20", "close": 3.439836, "volume": 5055538, "typical_volume": 5943537.05, "trend": 3.137709, "fair_value": 2.823015, "relative_strength": 8.223889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.470311, "energy": 51.353944, "activity_lines": [ 3.544995, 3.542461, 3.383588, 3.273149 ] }, { "date": "2025-06-27", "close": 3.37332, "volume": 5460674, "typical_volume": 6039797.55, "trend": 3.155245, "fair_value": 2.830981, "relative_strength": 6.135323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.286235, "energy": 36.080726, "activity_lines": [ 3.48228, 3.520692, 3.394906, 3.288349 ] }, { "date": "2025-07-04", "close": 3.363817, "volume": 4756561, "typical_volume": 6050578.3, "trend": 3.17124, "fair_value": 2.838145, "relative_strength": 4.898485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.247703, "energy": 23.895342, "activity_lines": [ 3.4316, 3.494431, 3.403295, 3.301806 ] }, { "date": "2025-07-11", "close": 3.401827, "volume": 4433409, "typical_volume": 6010390.85, "trend": 3.18789, "fair_value": 2.846558, "relative_strength": 6.411111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.708202, "energy": 28.144181, "activity_lines": [ 3.406895, 3.473526, 3.413413, 3.316682 ] }, { "date": "2025-07-18", "close": 3.430334, "volume": 4091753, "typical_volume": 5840935.65, "trend": 3.207939, "fair_value": 2.853883, "relative_strength": 5.211146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.110332, "energy": 24.732429, "activity_lines": [ 3.40246, 3.456422, 3.424436, 3.332324 ] }, { "date": "2025-07-25", "close": 3.278297, "volume": 14731482, "typical_volume": 6317939.0, "trend": 3.221083, "fair_value": 2.859281, "relative_strength": 1.755787, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.07753, "energy": 14.178444, "activity_lines": [ 3.361284, 3.41513, 3.419383, 3.336863 ] }, { "date": "2025-08-01", "close": 3.24979, "volume": 6214237, "typical_volume": 6300103.65, "trend": 3.230522, "fair_value": 2.863914, "relative_strength": 1.132975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.361834, "energy": 15.567607, "activity_lines": [ 3.321374, 3.375911, 3.410831, 3.338715 ] }, { "date": "2025-08-08", "close": 3.211781, "volume": 5740097, "typical_volume": 6305151.15, "trend": 3.239919, "fair_value": 2.868145, "relative_strength": -1.403508, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.052468, "energy": 27.59447, "activity_lines": [ 3.27703, 3.336175, 3.397166, 3.337506 ] }, { "date": "2025-08-15", "close": 3.354315, "volume": 5766067, "typical_volume": 6380675.7, "trend": 3.253454, "fair_value": 2.875406, "relative_strength": 1.816812, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.412132, "energy": 21.530648, "activity_lines": [ 3.290333, 3.328745, 3.395899, 3.344886 ] }, { "date": "2025-08-22", "close": 2.689153, "volume": 24400448, "typical_volume": 7325142.9, "trend": 3.246654, "fair_value": 2.878351, "relative_strength": -18.446133, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -55.605157, "energy": 71.026059, "activity_lines": [ 3.085083, 3.204179, 3.329564, 3.30848 ] }, { "date": "2025-08-29", "close": 2.575126, "volume": 25276898, "typical_volume": 8170504.0, "trend": 3.23391, "fair_value": 2.881253, "relative_strength": -21.721482, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -67.235817, "energy": 85.468656, "activity_lines": [ 2.891236, 3.076157, 3.253817, 3.265155 ] }, { "date": "2025-09-05", "close": 2.537117, "volume": 14333542, "typical_volume": 8497906.6, "trend": 3.220205, "fair_value": 2.884335, "relative_strength": -21.776891, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.488105, "energy": 95.643026, "activity_lines": [ 2.731597, 2.956946, 3.177075, 3.220201 ] }, { "date": "2025-09-12", "close": 2.50861, "volume": 12964182, "typical_volume": 8950252.5, "trend": 3.204938, "fair_value": 2.887208, "relative_strength": -22.426414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.858713, "energy": 93.490633, "activity_lines": [ 2.609968, 2.847756, 3.100875, 3.174292 ] }, { "date": "2025-09-19", "close": 2.468832, "volume": 15803482, "typical_volume": 9388133.3, "trend": 3.186508, "fair_value": 2.89025, "relative_strength": -22.676537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.48235, "energy": 91.60845, "activity_lines": [ 2.521957, 2.746883, 3.024552, 3.126801 ] }, { "date": "2025-09-26", "close": 2.488426, "volume": 10038979, "typical_volume": 9346725.9, "trend": 3.166282, "fair_value": 2.893577, "relative_strength": -21.97294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.558839, "energy": 89.685949, "activity_lines": [ 2.49951, 2.666535, 2.954177, 3.081763 ] }, { "date": "2025-10-03", "close": 2.50802, "volume": 9674281, "typical_volume": 9481866.05, "trend": 3.146097, "fair_value": 2.896499, "relative_strength": -22.92012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.299393, "energy": 87.155775, "activity_lines": [ 2.496976, 2.606876, 2.891057, 3.039295 ] }, { "date": "2025-10-10", "close": 2.459036, "volume": 14534909, "typical_volume": 9923765.75, "trend": 3.130191, "fair_value": 2.89932, "relative_strength": -23.992748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.595138, "energy": 70.622611, "activity_lines": [ 2.482587, 2.552316, 2.828841, 2.994968 ] }, { "date": "2025-10-17", "close": 2.439442, "volume": 12952931, "typical_volume": 10269450.9, "trend": 3.112681, "fair_value": 2.902014, "relative_strength": -24.719962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.645076, "energy": 67.392014, "activity_lines": [ 2.466873, 2.508571, 2.770199, 2.950404 ] }, { "date": "2025-10-24", "close": 2.459036, "volume": 11085330, "typical_volume": 10549530.85, "trend": 3.094875, "fair_value": 2.904463, "relative_strength": -24.114241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.470059, "energy": 65.14554, "activity_lines": [ 2.462301, 2.482431, 2.718775, 2.908233 ] }, { "date": "2025-10-31", "close": 2.370863, "volume": 11374520, "typical_volume": 10934466.0, "trend": 3.07413, "fair_value": 2.905605, "relative_strength": -25.461981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.035679, "energy": 67.991416, "activity_lines": [ 2.428992, 2.456537, 2.664212, 2.861523 ] }, { "date": "2025-11-07", "close": 2.351269, "volume": 9751446, "typical_volume": 11169261.4, "trend": 3.048297, "fair_value": 2.906408, "relative_strength": -24.869332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.885379, "energy": 66.859249, "activity_lines": [ 2.396988, 2.432867, 2.613823, 2.814887 ] }, { "date": "2025-11-14", "close": 2.370863, "volume": 17857696, "typical_volume": 11789112.5, "trend": 3.019949, "fair_value": 2.90686, "relative_strength": -22.774195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.062222, "energy": 64.161574, "activity_lines": [ 2.381966, 2.41683, 2.570484, 2.771181 ] }, { "date": "2025-11-21", "close": 2.370863, "volume": 9805559, "typical_volume": 12041562.4, "trend": 2.989702, "fair_value": 2.907258, "relative_strength": -20.512554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.311593, "energy": 79.799563, "activity_lines": [ 2.372822, 2.403816, 2.531919, 2.729305 ] }, { "date": "2025-11-28", "close": 2.429645, "volume": 6711218, "typical_volume": 12155452.85, "trend": 2.959829, "fair_value": 2.907609, "relative_strength": -20.170166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.939823, "energy": 74.079176, "activity_lines": [ 2.387844, 2.403995, 2.50368, 2.693172 ] }, { "date": "2025-12-05", "close": 2.449239, "volume": 7406377, "typical_volume": 12321184.05, "trend": 2.920791, "fair_value": 2.907874, "relative_strength": -19.459568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.937571, "energy": 57.82778, "activity_lines": [ 2.411357, 2.408448, 2.481937, 2.660231 ] }, { "date": "2025-12-12", "close": 2.370863, "volume": 8317740, "typical_volume": 12000496.95, "trend": 2.87724, "fair_value": 2.908591, "relative_strength": -22.271052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.65146, "energy": 57.825275, "activity_lines": [ 2.40352, 2.399363, 2.457402, 2.624751 ] }, { "date": "2025-12-19", "close": 2.341472, "volume": 18766377, "typical_volume": 12628103.95, "trend": 2.835244, "fair_value": 2.908801, "relative_strength": -22.221544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.412723, "energy": 60.018056, "activity_lines": [ 2.384579, 2.387429, 2.434388, 2.590186 ] }, { "date": "2025-12-26", "close": 2.400254, "volume": 3514763, "typical_volume": 12516837.25, "trend": 2.796473, "fair_value": 2.909016, "relative_strength": -21.228572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.393529, "energy": 51.130824, "activity_lines": [ 2.387191, 2.388319, 2.421298, 2.562122 ] }, { "date": "2026-01-02", "close": 2.468832, "volume": 3940917, "typical_volume": 12425579.75, "trend": 2.759989, "fair_value": 2.909406, "relative_strength": -18.30748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.047504, "energy": 40.930724, "activity_lines": [ 2.410704, 2.402391, 2.418604, 2.540984 ] }, { "date": "2026-01-09", "close": 2.557005, "volume": 8634673, "typical_volume": 11637291.0, "trend": 2.723909, "fair_value": 2.910362, "relative_strength": -15.009887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.097887, "energy": 18.054065, "activity_lines": [ 2.460995, 2.432317, 2.428524, 2.527888 ] }, { "date": "2026-01-16", "close": 2.615787, "volume": 8446417, "typical_volume": 10795766.95, "trend": 2.696441, "fair_value": 2.911853, "relative_strength": -14.583014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.42606, "energy": 20.925354, "activity_lines": [ 2.523695, 2.469545, 2.444671, 2.520912 ] }, { "date": "2026-01-23", "close": 2.459036, "volume": 10936886, "typical_volume": 10625934.15, "trend": 2.665965, "fair_value": 2.912233, "relative_strength": -19.003416, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.88542, "energy": 20.107417, "activity_lines": [ 2.517817, 2.473464, 2.445696, 2.505596 ] }, { "date": "2026-01-30", "close": 2.449239, "volume": 8883072, "typical_volume": 10421878.65, "trend": 2.635479, "fair_value": 2.912339, "relative_strength": -19.088006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.056185, "energy": 16.140709, "activity_lines": [ 2.500836, 2.473998, 2.44616, 2.491614 ] }, { "date": "2026-02-06", "close": 2.419848, "volume": 9250488, "typical_volume": 10094228.95, "trend": 2.602746, "fair_value": 2.91321, "relative_strength": -18.271942, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.057275, "energy": 10.272753, "activity_lines": [ 2.470792, 2.467764, 2.444107, 2.477702 ] }, { "date": "2026-02-13", "close": 2.302284, "volume": 11846138, "typical_volume": 10184586.9, "trend": 2.565145, "fair_value": 2.913434, "relative_strength": -23.680865, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.567677, "energy": 38.029939, "activity_lines": [ 2.404826, 2.440332, 2.431091, 2.458317 ] }, { "date": "2026-02-20", "close": 2.067157, "volume": 23167216, "typical_volume": 10859233.65, "trend": 2.524773, "fair_value": 2.909605, "relative_strength": -32.184499, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -82.646679, "energy": 72.364687, "activity_lines": [ 2.277465, 2.372822, 2.396568, 2.426189 ] }, { "date": "2026-02-27", "close": 2.018173, "volume": 19306010, "typical_volume": 11097788.7, "trend": 2.48372, "fair_value": 2.905462, "relative_strength": -34.032817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.733754, "energy": 85.232028, "activity_lines": [ 2.170352, 2.301928, 2.35948, 2.393505 ] }, { "date": "2026-03-06", "close": 1.988782, "volume": 11243934, "typical_volume": 11012338.85, "trend": 2.442953, "fair_value": 2.901502, "relative_strength": -31.781672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.400941, "energy": 89.015278, "activity_lines": [ 2.082833, 2.231568, 2.321692, 2.361574 ] }, { "date": "2026-03-13", "close": 1.875, "volume": 12135773, "typical_volume": 11064861.0, "trend": 2.393642, "fair_value": 2.896994, "relative_strength": -33.318447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.842229, "energy": 94.250832, "activity_lines": [ 1.988083, 2.148002, 2.275213, 2.324932 ] }, { "date": "2026-03-20", "close": 1.825, "volume": 12134861, "typical_volume": 11102878.05, "trend": 2.364837, "fair_value": 2.892811, "relative_strength": -33.022737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.944205, "energy": 93.130992, "activity_lines": [ 1.91299, 2.066142, 2.226754, 2.288245 ] }, { "date": "2026-03-27", "close": 1.88, "volume": 12539410, "typical_volume": 11242276.25, "trend": 2.341666, "fair_value": 2.888065, "relative_strength": -31.084055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.522349, "energy": 87.86533, "activity_lines": [ 1.888049, 2.007591, 2.186132, 2.256965 ] }, { "date": "2026-04-03", "close": 2.02, "volume": 8758982, "typical_volume": 10787340.55, "trend": 2.324429, "fair_value": 2.885455, "relative_strength": -25.807448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.726963, "energy": 68.545761, "activity_lines": [ 1.922252, 1.987872, 2.161087, 2.236212 ] }, { "date": "2026-04-10", "close": 2.07, "volume": 7608557, "typical_volume": 10677490.45, "trend": 2.309809, "fair_value": 2.883112, "relative_strength": -26.411508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.776617, "energy": 53.774291, "activity_lines": [ 1.973, 1.985227, 2.142475, 2.219798 ] }, { "date": "2026-04-17", "close": 1.99, "volume": 12406199, "typical_volume": 10962239.5, "trend": 2.293848, "fair_value": 2.880256, "relative_strength": -28.314784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.515324, "energy": 40.198716, "activity_lines": [ 1.991667, 1.974932, 2.117677, 2.199165 ] }, { "date": "2026-04-24", "close": 1.98, "volume": 8128070, "typical_volume": 10998324.15, "trend": 2.2769, "fair_value": 2.877821, "relative_strength": -26.525578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.553422, "energy": 33.933284, "activity_lines": [ 1.999333, 1.970634, 2.09402, 2.178917 ] }, { "date": "2026-05-01", "close": 1.82, "volume": 14195493, "typical_volume": 11292211.8, "trend": 2.253966, "fair_value": 2.873552, "relative_strength": -31.181804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.670746, "energy": 45.304604, "activity_lines": [ 1.943333, 1.943104, 2.05736, 2.149439 ] }, { "date": "2026-05-08", "close": 1.695, "volume": 15018223, "typical_volume": 11104804.1, "trend": 2.228498, "fair_value": 2.868105, "relative_strength": -35.000321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.060433, "energy": 67.716931, "activity_lines": [ 1.849667, 1.897341, 2.011417, 2.113377 ] }, { "date": "2026-05-15", "close": 1.955, "volume": 18994627, "typical_volume": 11878797.3, "trend": 2.21235, "fair_value": 2.864379, "relative_strength": -22.979083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.929227, "energy": 50.578134, "activity_lines": [ 1.864333, 1.904727, 1.993315, 2.095732 ] }, { "date": "2026-05-22", "close": 1.96, "volume": 7967262, "typical_volume": 12080114.55, "trend": 2.195716, "fair_value": 2.861062, "relative_strength": -21.973256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.421456, "energy": 52.565836, "activity_lines": [ 1.888333, 1.913636, 1.97781, 2.079451 ] }, { "date": "2026-05-29", "close": 2.09, "volume": 2061440, "typical_volume": 11751452.9, "trend": 2.186354, "fair_value": 2.859331, "relative_strength": -16.496454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.895011, "energy": 30.443051, "activity_lines": [ 1.957667, 1.944636, 1.977109, 2.072631 ] }, { "date": "2026-06-05", "close": 2.08, "volume": 11116019, "typical_volume": 11884933.0, "trend": 2.177311, "fair_value": 2.858183, "relative_strength": -14.856157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.050548, "energy": 23.922393, "activity_lines": [ 2.016333, 1.969, 1.977679, 2.065769 ] }, { "date": "2026-06-12", "close": 2.12, "volume": 1565614, "typical_volume": 11416369.4, "trend": 2.168949, "fair_value": 2.857237, "relative_strength": -13.900778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.293864, "energy": 20.99725, "activity_lines": [ 2.071, 1.997, 1.984609, 2.062072 ] }, { "date": "2026-06-19", "close": 2.1, "volume": 2035836, "typical_volume": 11074007.6, "trend": 2.159921, "fair_value": 2.856432, "relative_strength": -13.966293, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.257551, "energy": 23.572113, "activity_lines": [ 2.090667, 2.019545, 1.99125, 2.057623 ] }, { "date": "2026-06-26", "close": 1.98, "volume": 3950040, "typical_volume": 10808985.2, "trend": 2.144932, "fair_value": 2.855019, "relative_strength": -17.306076, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.863492, "energy": 17.06252, "activity_lines": [ 2.060667, 2.019727, 1.988125, 2.046016 ] }, { "date": "2026-07-03", "close": 2.04, "volume": 1278927, "typical_volume": 10280624.65, "trend": 2.131291, "fair_value": 2.853507, "relative_strength": -14.608953, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.9737, "energy": 12.094564, "activity_lines": [ 2.049333, 2.031, 1.992809, 2.039246 ] }, { "date": "2026-07-10", "close": 2.12, "volume": 7761191, "typical_volume": 9510323.4, "trend": 2.122929, "fair_value": 2.85213, "relative_strength": -9.874053, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.631881, "energy": 8.487625, "activity_lines": [ 2.068, 2.055727, 2.006361, 2.038517 ] }, { "date": "2026-07-17", "close": 2.18, "volume": 5547465, "typical_volume": 8822396.15, "trend": 2.117547, "fair_value": 2.851138, "relative_strength": -6.254186, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.718449, "energy": 15.375714, "activity_lines": [ 2.104, 2.085909, 2.025375, 2.042199 ] }, { "date": "2026-07-24", "close": 2.22, "volume": 7199617, "typical_volume": 8620180.3, "trend": 2.111538, "fair_value": 2.850457, "relative_strength": -3.388719, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.34315, "energy": 42.415119, "activity_lines": [ 2.149333, 2.114545, 2.047429, 2.048809 ] }, { "date": "2026-07-31", "close": 2.25, "volume": 6902331, "typical_volume": 8358508.2, "trend": 2.104244, "fair_value": 2.850075, "relative_strength": -3.430917, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.316656, "energy": 63.141122, "activity_lines": [ 2.196667, 2.143818, 2.071238, 2.057742 ] }, { "date": "2026-08-07", "close": 2.13, "volume": 9974136, "typical_volume": 8250471.95, "trend": 2.09001, "fair_value": 2.848439, "relative_strength": -10.518206, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.166583, "energy": 54.602129, "activity_lines": [ 2.186, 2.146, 2.081833, 2.059404 ] } ], "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." } } }