{ "ticker": { "uuid": "a41763fc-15e8-4757-a484-3013792f4ea4", "symbol": "NGE", "name": "NGE Capital 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 63.406, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -36.139, "architecture_energy": 26.154, "architecture_maturity": 39.619, "architecture_confidence": 66.558, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 37.38, "rotation_up": 27.21, "upward_expansion": 16.91, "deceleration": 56.74, "rotation_down": 34.83, "downward_expansion": 62.24 }, "activity_lines": [ 1.249667, 1.247727, 1.257786, 1.275032 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 1.28, "trend_reference": 1.302, "distance_from_trend": -0.016897, "trend_direction": "Weakening", "fair_value": 1.118718, "distance_from_fair_value": 0.144167, "fair_value_direction": "Weakening", "relative_strength": -5.702767, "relative_strength_direction": "Weakening", "price_momentum": -0.072464, "excess_performance": -0.136169, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.016897, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.010764, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.144167, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.015098, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.057028, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.053441, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.072464, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.228327, "read": "Supply-led" } ], "volume": { "latest": 46800, "relative_activity": 0.386832, "balance": 0.228327, "dry_up": 0.291141, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.028546, "annualized_volatility": 0.218033, "from_high_reference": -0.114187, "from_low_reference": 0.122807 }, "levels": { "trend_reference": 1.302, "fair_value_reference": 1.118718, "structural_low": 1.1925, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.009804, "positive_rate": 0.636364, "directional_follow_through": 0.272727, "median_excess_return": -0.002326, "regime_survival": 0.818182, "best_return": 0.079812, "worst_return": -0.06, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.021225, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.003809, "regime_survival": 0.5, "best_return": 0.121359, "worst_return": -0.028302, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.065645, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.000368, "regime_survival": 0.0, "best_return": 0.089623, "worst_return": 0.041667, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.182193, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.132137, "regime_survival": 0.0, "best_return": 0.301887, "worst_return": 0.0625, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-15", "end": "2024-04-12", "tenure": "Developing", "return": 0.11399, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-19", "end": "2024-06-21", "tenure": "Developing", "return": 0.047619, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-10-18", "tenure": "Established", "return": 0.031111, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-12-27", "tenure": "Developing", "return": -0.069565, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.037383, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-01-31", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-05-30", "tenure": "Established", "return": 0.004717, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": -0.004386, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-11-28", "tenure": "Established", "return": 0.082251, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-01-09", "tenure": "Developing", "return": 0.088, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-13", "tenure": "Developing", "return": -0.010989, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-05-22", "tenure": "Developing", "return": -0.030769, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.015873, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 0.775, "volume": 44336, "typical_volume": 66206.35, "trend": 0.765833, "fair_value": 0.703622, "relative_strength": 2.921446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.658056, "energy": 21.283535, "activity_lines": [ 0.774667, 0.774545, 0.771976, 0.769204 ] }, { "date": "2023-08-25", "close": 0.77, "volume": 33422, "typical_volume": 67552.45, "trend": 0.765333, "fair_value": 0.70516, "relative_strength": 2.680662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.875521, "energy": 18.572325, "activity_lines": [ 0.774, 0.774091, 0.772, 0.769473 ] }, { "date": "2023-09-01", "close": 0.765, "volume": 46405, "typical_volume": 69129.35, "trend": 0.765667, "fair_value": 0.706667, "relative_strength": -0.186099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.997341, "energy": 12.525193, "activity_lines": [ 0.771333, 0.772545, 0.771405, 0.769452 ] }, { "date": "2023-09-08", "close": 0.805, "volume": 129236, "typical_volume": 73428.4, "trend": 0.7675, "fair_value": 0.70875, "relative_strength": 6.703147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.819078, "energy": 42.999413, "activity_lines": [ 0.782, 0.778182, 0.774571, 0.771989 ] }, { "date": "2023-09-15", "close": 0.84, "volume": 18587, "typical_volume": 73033.4, "trend": 0.7705, "fair_value": 0.710865, "relative_strength": 9.256666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.937062, "energy": 76.75502, "activity_lines": [ 0.802, 0.789727, 0.781048, 0.776667 ] }, { "date": "2023-09-22", "close": 0.83, "volume": 21447, "typical_volume": 71983.1, "trend": 0.773167, "fair_value": 0.713045, "relative_strength": 11.037111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.763404, "energy": 80.884302, "activity_lines": [ 0.815, 0.798091, 0.786214, 0.780505 ] }, { "date": "2023-09-29", "close": 0.865, "volume": 93232, "typical_volume": 69948.3, "trend": 0.777333, "fair_value": 0.715481, "relative_strength": 15.743753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.308336, "energy": 92.605647, "activity_lines": [ 0.836, 0.812273, 0.794429, 0.78643 ] }, { "date": "2023-10-06", "close": 0.83, "volume": 52470, "typical_volume": 70794.2, "trend": 0.779167, "fair_value": 0.717468, "relative_strength": 12.305558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.26253, "energy": 82.404658, "activity_lines": [ 0.839, 0.818273, 0.798905, 0.789828 ] }, { "date": "2023-10-13", "close": 0.81, "volume": 83379, "typical_volume": 67743.45, "trend": 0.780667, "fair_value": 0.719391, "relative_strength": 7.888429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.744135, "energy": 69.896159, "activity_lines": [ 0.831, 0.819455, 0.801167, 0.791817 ] }, { "date": "2023-10-20", "close": 0.81, "volume": 0, "typical_volume": 62307.0, "trend": 0.782167, "fair_value": 0.721218, "relative_strength": 10.01889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.155163, "energy": 49.168843, "activity_lines": [ 0.822667, 0.819909, 0.803167, 0.79371 ] }, { "date": "2023-10-27", "close": 0.82, "volume": 33829, "typical_volume": 63903.45, "trend": 0.784667, "fair_value": 0.723333, "relative_strength": 12.357166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.852492, "energy": 28.946477, "activity_lines": [ 0.819667, 0.821727, 0.805929, 0.796151 ] }, { "date": "2023-11-03", "close": 0.83, "volume": 18202, "typical_volume": 52051.15, "trend": 0.787667, "fair_value": 0.725545, "relative_strength": 11.204069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.943424, "energy": 28.268715, "activity_lines": [ 0.820667, 0.824545, 0.809405, 0.799075 ] }, { "date": "2023-11-10", "close": 0.85, "volume": 65680, "typical_volume": 53950.9, "trend": 0.790833, "fair_value": 0.727596, "relative_strength": 13.548891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.04029, "energy": 45.447262, "activity_lines": [ 0.830667, 0.829909, 0.814452, 0.803097 ] }, { "date": "2023-11-17", "close": 0.865, "volume": 50356, "typical_volume": 55689.4, "trend": 0.793, "fair_value": 0.72984, "relative_strength": 13.95062, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.7308, "energy": 66.829687, "activity_lines": [ 0.844333, 0.836455, 0.8205, 0.807882 ] }, { "date": "2023-11-24", "close": 0.875, "volume": 92017, "typical_volume": 45635.15, "trend": 0.796667, "fair_value": 0.731891, "relative_strength": 14.921991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.654292, "energy": 78.282965, "activity_lines": [ 0.857667, 0.843727, 0.827095, 0.813172 ] }, { "date": "2023-12-01", "close": 0.88, "volume": 92799, "typical_volume": 49024.55, "trend": 0.800333, "fair_value": 0.734071, "relative_strength": 14.565401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.058493, "energy": 80.592299, "activity_lines": [ 0.868333, 0.851273, 0.833643, 0.818548 ] }, { "date": "2023-12-08", "close": 0.88, "volume": 1912, "typical_volume": 44964.2, "trend": 0.803667, "fair_value": 0.736122, "relative_strength": 12.139614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.446384, "energy": 84.055437, "activity_lines": [ 0.875, 0.857909, 0.83981, 0.823688 ] }, { "date": "2023-12-15", "close": 0.91, "volume": 70797, "typical_volume": 48504.05, "trend": 0.8085, "fair_value": 0.738429, "relative_strength": 11.636172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.476287, "energy": 92.984436, "activity_lines": [ 0.888333, 0.869727, 0.848286, 0.830548 ] }, { "date": "2023-12-22", "close": 0.92, "volume": 255612, "typical_volume": 60500.45, "trend": 0.814, "fair_value": 0.740801, "relative_strength": 11.586197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.021104, "energy": 91.932599, "activity_lines": [ 0.901, 0.881909, 0.857024, 0.837742 ] }, { "date": "2023-12-29", "close": 0.92, "volume": 0, "typical_volume": 60185.9, "trend": 0.819, "fair_value": 0.743173, "relative_strength": 9.993077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.519909, "energy": 91.368041, "activity_lines": [ 0.91, 0.892091, 0.865048, 0.844581 ] }, { "date": "2024-01-05", "close": 0.95, "volume": 141718, "typical_volume": 65055.0, "trend": 0.825, "fair_value": 0.745288, "relative_strength": 14.694621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.390953, "energy": 96.439265, "activity_lines": [ 0.926, 0.905727, 0.875286, 0.853032 ] }, { "date": "2024-01-12", "close": 0.975, "volume": 59625, "typical_volume": 66365.15, "trend": 0.832167, "fair_value": 0.747756, "relative_strength": 16.963831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.127363, "energy": 96.983175, "activity_lines": [ 0.945667, 0.921545, 0.887071, 0.86271 ] }, { "date": "2024-01-19", "close": 0.94, "volume": 150099, "typical_volume": 71549.85, "trend": 0.838167, "fair_value": 0.75, "relative_strength": 13.426068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.812457, "energy": 78.149284, "activity_lines": [ 0.947333, 0.928364, 0.894548, 0.869667 ] }, { "date": "2024-01-26", "close": 1.0, "volume": 13550, "typical_volume": 65765.55, "trend": 0.8455, "fair_value": 0.752756, "relative_strength": 17.96203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.818417, "energy": 74.827448, "activity_lines": [ 0.967, 0.944455, 0.906905, 0.880108 ] }, { "date": "2024-02-02", "close": 1.03, "volume": 125820, "typical_volume": 71127.2, "trend": 0.854333, "fair_value": 0.755641, "relative_strength": 18.540069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.190921, "energy": 75.493798, "activity_lines": [ 0.991333, 0.963545, 0.92119, 0.892011 ] }, { "date": "2024-02-09", "close": 1.075, "volume": 146775, "typical_volume": 77393.6, "trend": 0.8635, "fair_value": 0.758878, "relative_strength": 23.764783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.80882, "energy": 76.611689, "activity_lines": [ 1.023333, 0.988, 0.938857, 0.906247 ] }, { "date": "2024-02-16", "close": 1.045, "volume": 73447, "typical_volume": 76404.35, "trend": 0.872833, "fair_value": 0.761859, "relative_strength": 19.404214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.018397, "energy": 78.614212, "activity_lines": [ 1.037, 1.003455, 0.9525, 0.917957 ] }, { "date": "2024-02-23", "close": 0.985, "volume": 354627, "typical_volume": 91512.2, "trend": 0.880167, "fair_value": 0.764455, "relative_strength": 12.269461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.789998, "energy": 65.60922, "activity_lines": [ 1.026, 1.005, 0.959571, 0.925194 ] }, { "date": "2024-03-01", "close": 0.99, "volume": 44718, "typical_volume": 89579.15, "trend": 0.8875, "fair_value": 0.767244, "relative_strength": 10.866442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.70703, "energy": 57.443836, "activity_lines": [ 1.013667, 1.006091, 0.966381, 0.93228 ] }, { "date": "2024-03-08", "close": 0.965, "volume": 198288, "typical_volume": 99493.55, "trend": 0.8935, "fair_value": 0.769327, "relative_strength": 6.412862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.85622, "energy": 34.601892, "activity_lines": [ 0.993667, 1.001364, 0.969952, 0.93728 ] }, { "date": "2024-03-15", "close": 0.965, "volume": 155956, "typical_volume": 105599.9, "trend": 0.899833, "fair_value": 0.771603, "relative_strength": 8.567227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.149436, "energy": 26.135586, "activity_lines": [ 0.978, 0.995818, 0.972786, 0.941892 ] }, { "date": "2024-03-22", "close": 0.985, "volume": 87486, "typical_volume": 109064.1, "trend": 0.907, "fair_value": 0.774135, "relative_strength": 9.083349, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.428597, "energy": 24.039523, "activity_lines": [ 0.976333, 0.993636, 0.976833, 0.947387 ] }, { "date": "2024-03-29", "close": 0.99, "volume": 60533, "typical_volume": 108806.75, "trend": 0.9145, "fair_value": 0.776763, "relative_strength": 7.499786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.699807, "energy": 20.433335, "activity_lines": [ 0.980333, 0.992182, 0.980619, 0.952742 ] }, { "date": "2024-04-05", "close": 1.01, "volume": 202575, "typical_volume": 116417.7, "trend": 0.921333, "fair_value": 0.779391, "relative_strength": 10.913747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.903799, "energy": 25.931076, "activity_lines": [ 0.990667, 0.993455, 0.985643, 0.958903 ] }, { "date": "2024-04-12", "close": 1.075, "volume": 459965, "typical_volume": 134815.1, "trend": 0.929167, "fair_value": 0.782436, "relative_strength": 17.145275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.039759, "energy": 48.92176, "activity_lines": [ 1.021333, 1.006364, 0.996167, 0.968817 ] }, { "date": "2024-04-19", "close": 1.05, "volume": 36069, "typical_volume": 131978.6, "trend": 0.9365, "fair_value": 0.785385, "relative_strength": 17.193019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.422907, "energy": 61.643286, "activity_lines": [ 1.036333, 1.013909, 1.003357, 0.976613 ] }, { "date": "2024-04-26", "close": 1.04, "volume": 121556, "typical_volume": 137960.8, "trend": 0.942333, "fair_value": 0.788077, "relative_strength": 15.334151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.390707, "energy": 65.522543, "activity_lines": [ 1.042333, 1.020091, 1.008786, 0.98329 ] }, { "date": "2024-05-03", "close": 1.09, "volume": 195986, "typical_volume": 144220.25, "trend": 0.951, "fair_value": 0.790962, "relative_strength": 19.339188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.532099, "energy": 78.770204, "activity_lines": [ 1.061333, 1.035455, 1.018214, 0.992817 ] }, { "date": "2024-05-10", "close": 1.13, "volume": 103150, "typical_volume": 136597.15, "trend": 0.961667, "fair_value": 0.794038, "relative_strength": 21.057221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.594832, "energy": 85.039397, "activity_lines": [ 1.087, 1.056182, 1.030595, 1.004366 ] }, { "date": "2024-05-17", "close": 1.13, "volume": 104199, "typical_volume": 141807.1, "trend": 0.972333, "fair_value": 0.797244, "relative_strength": 19.291537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.980918, "energy": 87.620401, "activity_lines": [ 1.104667, 1.074364, 1.041976, 1.015226 ] }, { "date": "2024-05-24", "close": 1.19, "volume": 117398, "typical_volume": 140591.1, "trend": 0.984667, "fair_value": 0.800801, "relative_strength": 26.067294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.483159, "energy": 96.180044, "activity_lines": [ 1.138667, 1.100455, 1.058071, 1.029269 ] }, { "date": "2024-05-31", "close": 1.14, "volume": 64326, "typical_volume": 140826.15, "trend": 0.995, "fair_value": 0.803974, "relative_strength": 20.413403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.530299, "energy": 86.785874, "activity_lines": [ 1.146667, 1.113364, 1.068262, 1.03929 ] }, { "date": "2024-06-07", "close": 1.15, "volume": 41962, "typical_volume": 135419.3, "trend": 1.005, "fair_value": 0.806987, "relative_strength": 18.316161, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.311056, "energy": 84.91312, "activity_lines": [ 1.151333, 1.125273, 1.078619, 1.04929 ] }, { "date": "2024-06-14", "close": 1.13, "volume": 5500, "typical_volume": 135016.8, "trend": 1.013833, "fair_value": 0.809872, "relative_strength": 17.542661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.296586, "energy": 71.026269, "activity_lines": [ 1.145333, 1.130636, 1.086071, 1.057355 ] }, { "date": "2024-06-21", "close": 1.1, "volume": 23976, "typical_volume": 129924.6, "trend": 1.021333, "fair_value": 0.81266, "relative_strength": 12.776478, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.568393, "energy": 49.402314, "activity_lines": [ 1.129333, 1.128364, 1.090048, 1.062914 ] }, { "date": "2024-06-28", "close": 1.125, "volume": 83357, "typical_volume": 126753.7, "trend": 1.0295, "fair_value": 0.815641, "relative_strength": 15.116044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.161762, "energy": 38.165977, "activity_lines": [ 1.123667, 1.130182, 1.096071, 1.069602 ] }, { "date": "2024-07-05", "close": 1.09, "volume": 19908, "typical_volume": 124076.75, "trend": 1.0365, "fair_value": 0.818397, "relative_strength": 10.235747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.828314, "energy": 24.601543, "activity_lines": [ 1.110667, 1.124273, 1.098524, 1.073505 ] }, { "date": "2024-07-12", "close": 1.12, "volume": 32834, "typical_volume": 107987.1, "trend": 1.0435, "fair_value": 0.821218, "relative_strength": 10.794647, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.675631, "energy": 23.844649, "activity_lines": [ 1.111, 1.122909, 1.103619, 1.078892 ] }, { "date": "2024-07-19", "close": 1.1, "volume": 9581, "typical_volume": 106230.25, "trend": 1.0495, "fair_value": 0.823974, "relative_strength": 8.101653, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.905621, "energy": 20.957628, "activity_lines": [ 1.106667, 1.117364, 1.106167, 1.082538 ] }, { "date": "2024-07-26", "close": 1.13, "volume": 880, "typical_volume": 96359.85, "trend": 1.0565, "fair_value": 0.826923, "relative_strength": 11.096852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.078965, "energy": 25.591804, "activity_lines": [ 1.114333, 1.117818, 1.111048, 1.087731 ] }, { "date": "2024-08-02", "close": 1.09, "volume": 47583, "typical_volume": 90941.2, "trend": 1.061167, "fair_value": 0.829679, "relative_strength": 6.357294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.578227, "energy": 16.395808, "activity_lines": [ 1.106667, 1.111, 1.111333, 1.089892 ] }, { "date": "2024-08-09", "close": 1.03, "volume": 132047, "typical_volume": 93169.25, "trend": 1.063, "fair_value": 0.831859, "relative_strength": 2.252957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.458902, "energy": 19.801733, "activity_lines": [ 1.081333, 1.095091, 1.10531, 1.087882 ] }, { "date": "2024-08-16", "close": 1.065, "volume": 59854, "typical_volume": 93135.3, "trend": 1.067167, "fair_value": 0.834391, "relative_strength": 2.777956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.764238, "energy": 18.197616, "activity_lines": [ 1.071667, 1.087545, 1.102405, 1.088011 ] }, { "date": "2024-08-23", "close": 1.06, "volume": 25500, "typical_volume": 84281.55, "trend": 1.069167, "fair_value": 0.836923, "relative_strength": 1.264469, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.539941, "energy": 39.039175, "activity_lines": [ 1.064, 1.080636, 1.098667, 1.087548 ] }, { "date": "2024-08-30", "close": 1.1, "volume": 117299, "typical_volume": 67148.25, "trend": 1.0715, "fair_value": 0.839487, "relative_strength": 3.731234, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.755269, "energy": 29.658252, "activity_lines": [ 1.072333, 1.082273, 1.0985, 1.089538 ] }, { "date": "2024-09-06", "close": 1.08, "volume": 86537, "typical_volume": 69671.65, "trend": 1.071667, "fair_value": 0.841859, "relative_strength": 2.507565, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.432769, "energy": 12.842493, "activity_lines": [ 1.076, 1.080273, 1.09631, 1.090086 ] }, { "date": "2024-09-13", "close": 1.1, "volume": 24000, "typical_volume": 64793.85, "trend": 1.0735, "fair_value": 0.844295, "relative_strength": 2.983546, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.819157, "energy": 13.751326, "activity_lines": [ 1.087, 1.082727, 1.095881, 1.091914 ] }, { "date": "2024-09-20", "close": 1.12, "volume": 49711, "typical_volume": 57480.1, "trend": 1.078, "fair_value": 0.846827, "relative_strength": 3.170092, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.744293, "energy": 29.393769, "activity_lines": [ 1.1, 1.088636, 1.097071, 1.094914 ] }, { "date": "2024-09-27", "close": 1.13, "volume": 81848, "typical_volume": 56415.0, "trend": 1.082667, "fair_value": 0.849455, "relative_strength": 3.832326, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.169978, "energy": 35.522338, "activity_lines": [ 1.112667, 1.096364, 1.099071, 1.098269 ] }, { "date": "2024-10-04", "close": 1.08, "volume": 25854, "typical_volume": 52497.75, "trend": 1.0865, "fair_value": 0.851667, "relative_strength": -0.195288, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 18.45114, "energy": 18.601927, "activity_lines": [ 1.104, 1.094455, 1.09631, 1.098097 ] }, { "date": "2024-10-11", "close": 1.13, "volume": 24550, "typical_volume": 47855.35, "trend": 1.092, "fair_value": 0.853974, "relative_strength": 3.266071, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.173902, "energy": 32.155709, "activity_lines": [ 1.113333, 1.102545, 1.098548, 1.100903 ] }, { "date": "2024-10-18", "close": 1.16, "volume": 19642, "typical_volume": 45621.15, "trend": 1.097833, "fair_value": 0.856538, "relative_strength": 4.7856, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.896524, "energy": 52.677465, "activity_lines": [ 1.129333, 1.115364, 1.103929, 1.10529 ] }, { "date": "2024-10-25", "close": 1.15, "volume": 113015, "typical_volume": 49173.8, "trend": 1.103167, "fair_value": 0.859038, "relative_strength": 4.492119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.097718, "energy": 50.472926, "activity_lines": [ 1.138, 1.124, 1.108262, 1.108656 ] }, { "date": "2024-11-01", "close": 1.155, "volume": 22850, "typical_volume": 50041.3, "trend": 1.108, "fair_value": 0.861635, "relative_strength": 5.788147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.621423, "energy": 68.634781, "activity_lines": [ 1.146333, 1.132, 1.113071, 1.112 ] }, { "date": "2024-11-08", "close": 1.16, "volume": 77201, "typical_volume": 52702.55, "trend": 1.110833, "fair_value": 0.864295, "relative_strength": 3.720962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.577594, "energy": 72.837613, "activity_lines": [ 1.154667, 1.139182, 1.118238, 1.115355 ] }, { "date": "2024-11-15", "close": 1.14, "volume": 101955, "typical_volume": 53632.45, "trend": 1.113833, "fair_value": 0.866827, "relative_strength": 1.838185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.367442, "energy": 60.470144, "activity_lines": [ 1.151, 1.141636, 1.121214, 1.117237 ] }, { "date": "2024-11-22", "close": 1.13, "volume": 115722, "typical_volume": 58423.15, "trend": 1.116833, "fair_value": 0.869391, "relative_strength": -0.507696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.608395, "energy": 35.979123, "activity_lines": [ 1.143333, 1.141182, 1.123167, 1.11828 ] }, { "date": "2024-11-29", "close": 1.12, "volume": 41718, "typical_volume": 58867.35, "trend": 1.117833, "fair_value": 0.871955, "relative_strength": -2.000054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.89664, "energy": 22.144615, "activity_lines": [ 1.134333, 1.138364, 1.123976, 1.118484 ] }, { "date": "2024-12-06", "close": 1.11, "volume": 31189, "typical_volume": 59947.75, "trend": 1.117167, "fair_value": 0.874359, "relative_strength": -2.829713, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.493551, "energy": 19.306361, "activity_lines": [ 1.124, 1.133727, 1.123833, 1.117978 ] }, { "date": "2024-12-13", "close": 1.115, "volume": 3959, "typical_volume": 60101.7, "trend": 1.116667, "fair_value": 0.876859, "relative_strength": -1.092618, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.862502, "energy": 20.35045, "activity_lines": [ 1.118333, 1.130364, 1.124119, 1.117839 ] }, { "date": "2024-12-20", "close": 1.07, "volume": 214459, "typical_volume": 68445.5, "trend": 1.112667, "fair_value": 0.87891, "relative_strength": -2.527927, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -33.560913, "energy": 30.915334, "activity_lines": [ 1.100667, 1.118182, 1.12019, 1.114828 ] }, { "date": "2024-12-27", "close": 1.07, "volume": 0, "typical_volume": 61843.15, "trend": 1.110333, "fair_value": 0.880865, "relative_strength": -4.93783, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -34.679592, "energy": 48.549339, "activity_lines": [ 1.087667, 1.107091, 1.116357, 1.112075 ] }, { "date": "2025-01-03", "close": 1.07, "volume": 11280, "typical_volume": 59414.45, "trend": 1.107667, "fair_value": 0.882949, "relative_strength": -4.845754, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.172752, "energy": 62.032031, "activity_lines": [ 1.078667, 1.097636, 1.112333, 1.109473 ] }, { "date": "2025-01-10", "close": 1.07, "volume": 0, "typical_volume": 58139.45, "trend": 1.105667, "fair_value": 0.884744, "relative_strength": -5.332298, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.462913, "energy": 67.535257, "activity_lines": [ 1.073, 1.089636, 1.108286, 1.107043 ] }, { "date": "2025-01-17", "close": 1.105, "volume": 8938, "typical_volume": 52721.4, "trend": 1.105833, "fair_value": 0.886699, "relative_strength": -2.514149, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.688128, "energy": 52.672659, "activity_lines": [ 1.081667, 1.089545, 1.107524, 1.107 ] }, { "date": "2025-01-24", "close": 1.11, "volume": 50677, "typical_volume": 50928.4, "trend": 1.105333, "fair_value": 0.88891, "relative_strength": -3.215319, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.09711, "energy": 17.90434, "activity_lines": [ 1.092667, 1.091364, 1.107214, 1.107269 ] }, { "date": "2025-01-31", "close": 1.07, "volume": 22559, "typical_volume": 50856.35, "trend": 1.104667, "fair_value": 0.890897, "relative_strength": -7.94372, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.028807, "energy": 20.579511, "activity_lines": [ 1.087667, 1.086455, 1.102952, 1.104989 ] }, { "date": "2025-02-07", "close": 1.06, "volume": 94942, "typical_volume": 53117.9, "trend": 1.102667, "fair_value": 0.892756, "relative_strength": -8.372145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.514601, "energy": 36.418524, "activity_lines": [ 1.079333, 1.080818, 1.097881, 1.102108 ] }, { "date": "2025-02-14", "close": 1.09, "volume": 35574, "typical_volume": 50804.2, "trend": 1.102333, "fair_value": 0.894679, "relative_strength": -6.147622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.069954, "energy": 32.530144, "activity_lines": [ 1.081667, 1.081727, 1.095952, 1.10129 ] }, { "date": "2025-02-21", "close": 1.065, "volume": 57909, "typical_volume": 52406.95, "trend": 1.100167, "fair_value": 0.896474, "relative_strength": -5.424167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.431971, "energy": 56.962406, "activity_lines": [ 1.074333, 1.078455, 1.091833, 1.098882 ] }, { "date": "2025-02-28", "close": 1.06, "volume": 61090, "typical_volume": 54233.95, "trend": 1.099167, "fair_value": 0.898141, "relative_strength": -4.467807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.739873, "energy": 60.370305, "activity_lines": [ 1.068, 1.075182, 1.08731, 1.09629 ] }, { "date": "2025-03-07", "close": 1.02, "volume": 704736, "typical_volume": 88488.65, "trend": 1.098833, "fair_value": 0.899231, "relative_strength": -5.551374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.168901, "energy": 68.406174, "activity_lines": [ 1.051667, 1.064818, 1.07931, 1.091183 ] }, { "date": "2025-03-14", "close": 1.045, "volume": 1973, "typical_volume": 82936.55, "trend": 1.098167, "fair_value": 0.900513, "relative_strength": -1.384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.691735, "energy": 66.033519, "activity_lines": [ 1.047, 1.059909, 1.074357, 1.08771 ] }, { "date": "2025-03-21", "close": 1.06, "volume": 1855, "typical_volume": 81886.8, "trend": 1.098167, "fair_value": 0.901923, "relative_strength": -1.84871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.956386, "energy": 62.189864, "activity_lines": [ 1.048333, 1.058182, 1.071333, 1.085247 ] }, { "date": "2025-03-28", "close": 1.06, "volume": 28254, "typical_volume": 79439.45, "trend": 1.096833, "fair_value": 0.903173, "relative_strength": -2.575648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.562076, "energy": 44.224489, "activity_lines": [ 1.051667, 1.056636, 1.068762, 1.082785 ] }, { "date": "2025-04-04", "close": 1.03, "volume": 23320, "typical_volume": 75507.7, "trend": 1.095167, "fair_value": 0.904006, "relative_strength": -1.514889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.075221, "energy": 43.945895, "activity_lines": [ 1.045333, 1.050455, 1.06381, 1.078473 ] }, { "date": "2025-04-11", "close": 1.05, "volume": 571122, "typical_volume": 98277.7, "trend": 1.0935, "fair_value": 0.905, "relative_strength": 0.687234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.895216, "energy": 31.967332, "activity_lines": [ 1.047667, 1.049364, 1.061286, 1.075559 ] }, { "date": "2025-04-18", "close": 1.01, "volume": 27018, "typical_volume": 97542.7, "trend": 1.089833, "fair_value": 0.905705, "relative_strength": -5.158215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.820729, "energy": 43.162861, "activity_lines": [ 1.034667, 1.041364, 1.055333, 1.070172 ] }, { "date": "2025-04-25", "close": 1.0, "volume": 56000, "typical_volume": 98783.25, "trend": 1.0855, "fair_value": 0.90641, "relative_strength": -7.700836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.976902, "energy": 56.442144, "activity_lines": [ 1.020667, 1.032455, 1.048952, 1.064376 ] }, { "date": "2025-05-02", "close": 1.04, "volume": 89567, "typical_volume": 103063.65, "trend": 1.084167, "fair_value": 0.907692, "relative_strength": -6.933722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.428934, "energy": 41.942589, "activity_lines": [ 1.024, 1.032455, 1.046905, 1.061441 ] }, { "date": "2025-05-09", "close": 1.03, "volume": 34616, "typical_volume": 94071.5, "trend": 1.080833, "fair_value": 0.908974, "relative_strength": -7.481052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.340336, "energy": 43.306107, "activity_lines": [ 1.025333, 1.031091, 1.044262, 1.057946 ] }, { "date": "2025-05-16", "close": 1.065, "volume": 110149, "typical_volume": 99578.95, "trend": 1.077667, "fair_value": 0.910801, "relative_strength": -5.398872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.411268, "energy": 19.908697, "activity_lines": [ 1.038333, 1.036636, 1.045143, 1.056925 ] }, { "date": "2025-05-23", "close": 1.06, "volume": 31009, "typical_volume": 100565.4, "trend": 1.074667, "fair_value": 0.912468, "relative_strength": -5.670844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.000459, "energy": 16.721595, "activity_lines": [ 1.048667, 1.040455, 1.045571, 1.055785 ] }, { "date": "2025-05-30", "close": 1.065, "volume": 100718, "typical_volume": 105601.3, "trend": 1.071667, "fair_value": 0.914231, "relative_strength": -5.761781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.196234, "energy": 15.541383, "activity_lines": [ 1.057333, 1.044909, 1.046524, 1.055161 ] }, { "date": "2025-06-06", "close": 1.085, "volume": 65762, "typical_volume": 108442.5, "trend": 1.069167, "fair_value": 0.916058, "relative_strength": -4.646612, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.050875, "energy": 20.312199, "activity_lines": [ 1.068333, 1.052909, 1.049405, 1.056022 ] }, { "date": "2025-06-13", "close": 1.085, "volume": 124296, "typical_volume": 112123.45, "trend": 1.067333, "fair_value": 0.918429, "relative_strength": -4.73492, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.691134, "energy": 33.437336, "activity_lines": [ 1.076333, 1.060455, 1.052381, 1.057043 ] }, { "date": "2025-06-20", "close": 1.14, "volume": 143260, "typical_volume": 118158.5, "trend": 1.067667, "fair_value": 0.92125, "relative_strength": 0.689974, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.31943, "energy": 58.405444, "activity_lines": [ 1.099, 1.077, 1.060714, 1.061731 ] }, { "date": "2025-06-27", "close": 1.15, "volume": 100739, "typical_volume": 118448.35, "trend": 1.068667, "fair_value": 0.924038, "relative_strength": 1.612789, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.379389, "energy": 69.913916, "activity_lines": [ 1.12, 1.093727, 1.069667, 1.067043 ] }, { "date": "2025-07-04", "close": 1.135, "volume": 85668, "typical_volume": 120953.05, "trend": 1.0695, "fair_value": 0.926506, "relative_strength": -0.641177, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.201753, "energy": 76.785674, "activity_lines": [ 1.13, 1.105182, 1.076762, 1.071323 ] }, { "date": "2025-07-11", "close": 1.155, "volume": 167187, "typical_volume": 126416.95, "trend": 1.070833, "fair_value": 0.929038, "relative_strength": 1.469176, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.582745, "energy": 83.043831, "activity_lines": [ 1.142, 1.117818, 1.085548, 1.076839 ] }, { "date": "2025-07-18", "close": 1.16, "volume": 20483, "typical_volume": 124386.6, "trend": 1.073833, "fair_value": 0.931859, "relative_strength": -0.072434, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.20774, "energy": 84.921735, "activity_lines": [ 1.151, 1.129273, 1.094381, 1.082591 ] }, { "date": "2025-07-25", "close": 1.125, "volume": 111410, "typical_volume": 94720.3, "trend": 1.075667, "fair_value": 0.934167, "relative_strength": -1.89489, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.052127, "energy": 63.270982, "activity_lines": [ 1.143333, 1.132, 1.099405, 1.085892 ] }, { "date": "2025-08-01", "close": 1.125, "volume": 11000, "typical_volume": 95171.65, "trend": 1.0775, "fair_value": 0.936506, "relative_strength": -1.734461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.195144, "energy": 48.863255, "activity_lines": [ 1.136667, 1.133636, 1.103929, 1.089075 ] }, { "date": "2025-08-08", "close": 1.155, "volume": 61984, "typical_volume": 98178.1, "trend": 1.080333, "fair_value": 0.939263, "relative_strength": -0.757608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.720031, "energy": 48.593457, "activity_lines": [ 1.141667, 1.139545, 1.110929, 1.094075 ] }, { "date": "2025-08-15", "close": 1.18, "volume": 174064, "typical_volume": 105468.6, "trend": 1.082833, "fair_value": 0.942019, "relative_strength": -0.077901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.343717, "energy": 54.245755, "activity_lines": [ 1.153667, 1.148364, 1.119857, 1.100505 ] }, { "date": "2025-08-22", "close": 1.19, "volume": 26255, "typical_volume": 105615.35, "trend": 1.0855, "fair_value": 0.94484, "relative_strength": 0.436519, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.209607, "energy": 71.727527, "activity_lines": [ 1.167333, 1.157273, 1.129167, 1.107419 ] }, { "date": "2025-08-29", "close": 1.22, "volume": 85000, "typical_volume": 81309.25, "trend": 1.0905, "fair_value": 0.947853, "relative_strength": 2.90278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.121959, "energy": 88.82571, "activity_lines": [ 1.189, 1.169727, 1.140571, 1.116097 ] }, { "date": "2025-09-05", "close": 1.22, "volume": 49358, "typical_volume": 82426.25, "trend": 1.095833, "fair_value": 0.950962, "relative_strength": 4.043142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.416919, "energy": 91.089713, "activity_lines": [ 1.204333, 1.180727, 1.151167, 1.124452 ] }, { "date": "2025-09-12", "close": 1.24, "volume": 31290, "typical_volume": 81190.75, "trend": 1.100833, "fair_value": 0.954391, "relative_strength": 5.761239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.77035, "energy": 92.952599, "activity_lines": [ 1.22, 1.194091, 1.162667, 1.133753 ] }, { "date": "2025-09-19", "close": 1.24, "volume": 9578, "typical_volume": 77191.3, "trend": 1.106667, "fair_value": 0.95766, "relative_strength": 6.786839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.540932, "energy": 90.973817, "activity_lines": [ 1.23, 1.205545, 1.173024, 1.142731 ] }, { "date": "2025-09-26", "close": 1.26, "volume": 34188, "typical_volume": 77169.9, "trend": 1.113333, "fair_value": 0.96125, "relative_strength": 8.242927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.980268, "energy": 92.460669, "activity_lines": [ 1.242667, 1.219091, 1.184333, 1.152624 ] }, { "date": "2025-10-03", "close": 1.26, "volume": 12494, "typical_volume": 72287.15, "trend": 1.121333, "fair_value": 0.964712, "relative_strength": 5.719878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.576491, "energy": 88.836959, "activity_lines": [ 1.250667, 1.230818, 1.194548, 1.162086 ] }, { "date": "2025-10-10", "close": 1.34, "volume": 138411, "typical_volume": 77657.25, "trend": 1.131167, "fair_value": 0.968782, "relative_strength": 12.601202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.727186, "energy": 95.522657, "activity_lines": [ 1.282667, 1.254636, 1.211452, 1.176194 ] }, { "date": "2025-10-17", "close": 1.31, "volume": 110959, "typical_volume": 78169.3, "trend": 1.1395, "fair_value": 0.972628, "relative_strength": 9.538863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.205289, "energy": 84.943903, "activity_lines": [ 1.296667, 1.269091, 1.224167, 1.187731 ] }, { "date": "2025-10-24", "close": 1.28, "volume": 11125, "typical_volume": 75437.45, "trend": 1.146833, "fair_value": 0.97609, "relative_strength": 6.720191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.141892, "energy": 70.877655, "activity_lines": [ 1.296, 1.275273, 1.232857, 1.196796 ] }, { "date": "2025-10-31", "close": 1.345, "volume": 15063, "typical_volume": 69975.8, "trend": 1.157333, "fair_value": 0.979583, "relative_strength": 13.71976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.991657, "energy": 73.99515, "activity_lines": [ 1.314333, 1.291455, 1.24681, 1.209581 ] }, { "date": "2025-11-07", "close": 1.365, "volume": 7164, "typical_volume": 63171.0, "trend": 1.167833, "fair_value": 0.983558, "relative_strength": 16.621096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.591812, "energy": 73.872804, "activity_lines": [ 1.333667, 1.308455, 1.261429, 1.222978 ] }, { "date": "2025-11-14", "close": 1.275, "volume": 117085, "typical_volume": 63988.3, "trend": 1.176667, "fair_value": 0.987019, "relative_strength": 10.477185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.56867, "energy": 62.344136, "activity_lines": [ 1.316, 1.306455, 1.266405, 1.229892 ] }, { "date": "2025-11-21", "close": 1.25, "volume": 81621, "typical_volume": 63785.95, "trend": 1.185, "fair_value": 0.990353, "relative_strength": 10.894689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.960033, "energy": 47.403182, "activity_lines": [ 1.294333, 1.298909, 1.268405, 1.234624 ] }, { "date": "2025-11-28", "close": 1.25, "volume": 21802, "typical_volume": 56516.7, "trend": 1.192, "fair_value": 0.993654, "relative_strength": 8.159065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.762309, "energy": 29.669158, "activity_lines": [ 1.276667, 1.291182, 1.269857, 1.238817 ] }, { "date": "2025-12-05", "close": 1.25, "volume": 42150, "typical_volume": 57600.05, "trend": 1.199333, "fair_value": 0.997147, "relative_strength": 7.702335, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.373935, "energy": 31.530928, "activity_lines": [ 1.261, 1.283273, 1.270857, 1.242559 ] }, { "date": "2025-12-12", "close": 1.28, "volume": 40567, "typical_volume": 54057.9, "trend": 1.2065, "fair_value": 1.000833, "relative_strength": 9.292433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.177808, "energy": 26.13487, "activity_lines": [ 1.261667, 1.281, 1.274286, 1.247763 ] }, { "date": "2025-12-19", "close": 1.28, "volume": 0, "typical_volume": 53507.9, "trend": 1.213833, "fair_value": 1.004359, "relative_strength": 10.005932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.255415, "energy": 20.633256, "activity_lines": [ 1.268, 1.278364, 1.276976, 1.252505 ] }, { "date": "2025-12-26", "close": 1.34, "volume": 50000, "typical_volume": 52908.7, "trend": 1.223, "fair_value": 1.008141, "relative_strength": 12.92877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.266335, "energy": 40.684075, "activity_lines": [ 1.294, 1.287727, 1.284643, 1.260645 ] }, { "date": "2026-01-02", "close": 1.265, "volume": 38708, "typical_volume": 46140.9, "trend": 1.229, "fair_value": 1.011442, "relative_strength": 6.803123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.624823, "energy": 27.647468, "activity_lines": [ 1.289, 1.282909, 1.284286, 1.263355 ] }, { "date": "2026-01-09", "close": 1.36, "volume": 107351, "typical_volume": 50195.7, "trend": 1.238167, "fair_value": 1.015449, "relative_strength": 14.517542, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.292578, "energy": 50.791683, "activity_lines": [ 1.314667, 1.295636, 1.292571, 1.271806 ] }, { "date": "2026-01-16", "close": 1.365, "volume": 58959, "typical_volume": 48893.65, "trend": 1.245667, "fair_value": 1.019391, "relative_strength": 12.214059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.573827, "energy": 64.631054, "activity_lines": [ 1.334667, 1.309, 1.300524, 1.279989 ] }, { "date": "2026-01-23", "close": 1.385, "volume": 185288, "typical_volume": 55690.15, "trend": 1.2535, "fair_value": 1.023237, "relative_strength": 14.030787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.472555, "energy": 67.60506, "activity_lines": [ 1.355667, 1.326, 1.30969, 1.288978 ] }, { "date": "2026-01-30", "close": 1.415, "volume": 150396, "typical_volume": 61645.45, "trend": 1.262833, "fair_value": 1.027468, "relative_strength": 15.827865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.003193, "energy": 80.974866, "activity_lines": [ 1.379667, 1.346455, 1.320929, 1.299398 ] }, { "date": "2026-02-06", "close": 1.38, "volume": 91503, "typical_volume": 65741.7, "trend": 1.270333, "fair_value": 1.031506, "relative_strength": 14.499865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.50599, "energy": 69.650735, "activity_lines": [ 1.387, 1.357545, 1.328, 1.306957 ] }, { "date": "2026-02-13", "close": 1.395, "volume": 30276, "typical_volume": 65546.1, "trend": 1.278167, "fair_value": 1.035641, "relative_strength": 12.580157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.574059, "energy": 68.303305, "activity_lines": [ 1.391667, 1.369, 1.335833, 1.315 ] }, { "date": "2026-02-20", "close": 1.32, "volume": 27973, "typical_volume": 66320.05, "trend": 1.284667, "fair_value": 1.039295, "relative_strength": 4.360781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.515464, "energy": 40.850814, "activity_lines": [ 1.369, 1.364182, 1.335881, 1.317699 ] }, { "date": "2026-02-27", "close": 1.34, "volume": 12509, "typical_volume": 60024.95, "trend": 1.291833, "fair_value": 1.043141, "relative_strength": 4.362083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.799973, "energy": 24.19633, "activity_lines": [ 1.356, 1.362273, 1.337548, 1.321269 ] }, { "date": "2026-03-06", "close": 1.335, "volume": 12535, "typical_volume": 55103.75, "trend": 1.297833, "fair_value": 1.046731, "relative_strength": 7.722011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.412661, "energy": 18.72221, "activity_lines": [ 1.344333, 1.358364, 1.338738, 1.324054 ] }, { "date": "2026-03-13", "close": 1.35, "volume": 13831, "typical_volume": 55239.05, "trend": 1.3035, "fair_value": 1.050481, "relative_strength": 11.544293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.394792, "energy": 20.370066, "activity_lines": [ 1.343, 1.357273, 1.341238, 1.327419 ] }, { "date": "2026-03-20", "close": 1.3, "volume": 97121, "typical_volume": 59341.95, "trend": 1.307167, "fair_value": 1.05391, "relative_strength": 9.509094, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.844902, "energy": 13.39803, "activity_lines": [ 1.327, 1.345545, 1.338643, 1.327194 ] }, { "date": "2026-03-27", "close": 1.355, "volume": 124941, "typical_volume": 65230.8, "trend": 1.311667, "fair_value": 1.057821, "relative_strength": 12.559761, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.400032, "energy": 15.23896, "activity_lines": [ 1.335667, 1.344909, 1.3415, 1.33028 ] }, { "date": "2026-04-03", "close": 1.33, "volume": 48379, "typical_volume": 61795.5, "trend": 1.315333, "fair_value": 1.061603, "relative_strength": 9.361275, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.154894, "energy": 8.765711, "activity_lines": [ 1.333667, 1.339909, 1.342024, 1.331462 ] }, { "date": "2026-04-10", "close": 1.31, "volume": 24350, "typical_volume": 58931.95, "trend": 1.317667, "fair_value": 1.06516, "relative_strength": 3.011418, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.774474, "energy": 8.705859, "activity_lines": [ 1.325667, 1.332273, 1.340381, 1.331118 ] }, { "date": "2026-04-17", "close": 1.31, "volume": 29263, "typical_volume": 59305.0, "trend": 1.32, "fair_value": 1.068429, "relative_strength": 2.928579, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.200179, "energy": 13.527442, "activity_lines": [ 1.319333, 1.326545, 1.338452, 1.330624 ] }, { "date": "2026-04-24", "close": 1.345, "volume": 45180, "typical_volume": 59456.5, "trend": 1.322833, "fair_value": 1.072147, "relative_strength": 7.208101, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.458482, "energy": 10.716961, "activity_lines": [ 1.327333, 1.328455, 1.339571, 1.332237 ] }, { "date": "2026-05-01", "close": 1.255, "volume": 16301, "typical_volume": 58243.2, "trend": 1.322667, "fair_value": 1.075256, "relative_strength": 0.447078, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.469394, "energy": 35.23797, "activity_lines": [ 1.302333, 1.314909, 1.331667, 1.32786 ] }, { "date": "2026-05-08", "close": 1.25, "volume": 1083784, "typical_volume": 112432.4, "trend": 1.319667, "fair_value": 1.078269, "relative_strength": -0.358676, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.183329, "energy": 42.995149, "activity_lines": [ 1.282333, 1.301636, 1.323405, 1.323172 ] }, { "date": "2026-05-15", "close": 1.31, "volume": 15851, "typical_volume": 110724.95, "trend": 1.319667, "fair_value": 1.081763, "relative_strength": 5.457303, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.841004, "energy": 32.063277, "activity_lines": [ 1.287667, 1.300909, 1.321, 1.322548 ] }, { "date": "2026-05-22", "close": 1.26, "volume": 82817, "typical_volume": 112930.4, "trend": 1.319, "fair_value": 1.085, "relative_strength": 0.872301, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.022369, "energy": 56.05559, "activity_lines": [ 1.276333, 1.291545, 1.313976, 1.318699 ] }, { "date": "2026-05-29", "close": 1.26, "volume": 2583, "typical_volume": 107692.0, "trend": 1.316167, "fair_value": 1.088141, "relative_strength": -0.23052, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.283891, "energy": 51.113473, "activity_lines": [ 1.268333, 1.283818, 1.306976, 1.314892 ] }, { "date": "2026-06-05", "close": 1.26, "volume": 33982, "typical_volume": 106443.15, "trend": 1.312667, "fair_value": 1.091282, "relative_strength": 0.752413, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.076578, "energy": 42.60084, "activity_lines": [ 1.266, 1.276818, 1.300452, 1.311269 ] }, { "date": "2026-06-12", "close": 1.25, "volume": 573208, "typical_volume": 125839.15, "trend": 1.311833, "fair_value": 1.094423, "relative_strength": -2.273251, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.487702, "energy": 52.849219, "activity_lines": [ 1.26, 1.269727, 1.293476, 1.307226 ] }, { "date": "2026-06-19", "close": 1.285, "volume": 36296, "typical_volume": 120134.15, "trend": 1.313, "fair_value": 1.097788, "relative_strength": 0.029537, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.868626, "energy": 39.82796, "activity_lines": [ 1.265667, 1.270455, 1.290476, 1.305495 ] }, { "date": "2026-06-26", "close": 1.21, "volume": 117540, "typical_volume": 121436.0, "trend": 1.311667, "fair_value": 1.100545, "relative_strength": -5.153085, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.07483, "energy": 55.867196, "activity_lines": [ 1.248, 1.258, 1.280952, 1.298849 ] }, { "date": "2026-07-03", "close": 1.25, "volume": 4000, "typical_volume": 120122.2, "trend": 1.311667, "fair_value": 1.103654, "relative_strength": -3.026593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.140829, "energy": 47.906216, "activity_lines": [ 1.247, 1.254636, 1.276048, 1.294871 ] }, { "date": "2026-07-10", "close": 1.25, "volume": 40285, "typical_volume": 120737.8, "trend": 1.310667, "fair_value": 1.106538, "relative_strength": -2.697892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.463608, "energy": 40.141094, "activity_lines": [ 1.246667, 1.253, 1.271833, 1.290892 ] }, { "date": "2026-07-17", "close": 1.25, "volume": 942, "typical_volume": 120159.45, "trend": 1.309667, "fair_value": 1.109647, "relative_strength": -2.7186, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.528234, "energy": 41.73962, "activity_lines": [ 1.247, 1.251455, 1.267952, 1.286978 ] }, { "date": "2026-07-24", "close": 1.225, "volume": 15852, "typical_volume": 120325.3, "trend": 1.305833, "fair_value": 1.112596, "relative_strength": -4.522737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.648667, "energy": 37.95619, "activity_lines": [ 1.239, 1.245364, 1.262119, 1.281516 ] }, { "date": "2026-07-31", "close": 1.23, "volume": 77298, "typical_volume": 123498.65, "trend": 1.304667, "fair_value": 1.115545, "relative_strength": -6.404868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.258441, "energy": 45.939946, "activity_lines": [ 1.236667, 1.241727, 1.257286, 1.276624 ] }, { "date": "2026-08-07", "close": 1.28, "volume": 46800, "typical_volume": 120982.6, "trend": 1.302, "fair_value": 1.118718, "relative_strength": -5.702767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.139369, "energy": 26.154444, "activity_lines": [ 1.249667, 1.247727, 1.257786, 1.275032 ] } ], "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." } } }