{ "ticker": { "uuid": "a53259bf-753f-4470-b85d-d5910572a691", "symbol": "STKS", "name": "One Group Hospitality Inc", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 72.243, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -60.639, "architecture_energy": 45.997, "architecture_maturity": 34.953, "architecture_confidence": 82.31, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 30.2, "rotation_up": 15.54, "upward_expansion": 11.31, "deceleration": 37.36, "rotation_down": 64.9, "downward_expansion": 79.98 }, "activity_lines": [ 1.777667, 1.843727, 1.870167, 1.883043 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 1.68, "trend_reference": 1.9465, "distance_from_trend": -0.136912, "trend_direction": "Weakening", "fair_value": 3.496859, "distance_from_fair_value": -0.519569, "fair_value_direction": "Weakening", "relative_strength": -30.002469, "relative_strength_direction": "Improving", "price_momentum": -0.176471, "excess_performance": -0.363924, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.136912, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.004093, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.519569, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.027377, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.300025, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.058587, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.176471, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.657642, "read": "Supply-led" } ], "volume": { "latest": 171058, "relative_activity": 1.162811, "balance": 0.657642, "dry_up": 0.615034, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.129991, "annualized_volatility": 0.430568, "from_high_reference": -0.502959, "from_low_reference": 0.018182 }, "levels": { "trend_reference": 1.9465, "fair_value_reference": 3.496859, "structural_low": 1.65, "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": 15, "median_return": -0.060403, "positive_rate": 0.266667, "directional_follow_through": 0.266667, "median_excess_return": -0.041369, "regime_survival": 0.4, "best_return": 0.128378, "worst_return": -0.164859, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.073939, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.18022, "regime_survival": 0.25, "best_return": 0.17973, "worst_return": -0.3286, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.167023, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.346894, "regime_survival": 0.666667, "best_return": 0.143488, "worst_return": -0.279923, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.267568, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.553522, "regime_survival": 0.333333, "best_return": -0.1766, "worst_return": -0.381818, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-08-30", "tenure": "New", "return": -0.030227, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2025-01-31", "tenure": "Established", "return": 0.132931, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.190909, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-05-02", "tenure": "Developing", "return": 0.107143, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": -0.036176, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": 0.002907, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.495627, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": -0.286938, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": -0.094595, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": -0.130282, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2026-01-23", "tenure": "Established", "return": -0.044715, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": -0.115741, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-05-15", "tenure": "Developing", "return": 0.097143, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.147208, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.93, "volume": 371649, "typical_volume": 448069.2, "trend": 7.664, "fair_value": 8.114038, "relative_strength": -18.298578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.215223, "energy": 41.658956, "activity_lines": [ 6.908, 7.026727, 7.177952, 7.392344 ] }, { "date": "2023-08-25", "close": 6.71, "volume": 252670, "typical_volume": 443280.85, "trend": 7.637333, "fair_value": 8.144808, "relative_strength": -21.703023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.366873, "energy": 49.151106, "activity_lines": [ 6.820667, 6.955273, 7.112286, 7.330796 ] }, { "date": "2023-09-01", "close": 6.92, "volume": 196499, "typical_volume": 427689.3, "trend": 7.599, "fair_value": 8.177051, "relative_strength": -21.81045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.511884, "energy": 35.74521, "activity_lines": [ 6.837333, 6.934545, 7.074571, 7.284516 ] }, { "date": "2023-09-08", "close": 6.74, "volume": 322100, "typical_volume": 425275.45, "trend": 7.545333, "fair_value": 8.207436, "relative_strength": -22.412256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.403977, "energy": 33.722206, "activity_lines": [ 6.814667, 6.881091, 7.028333, 7.229097 ] }, { "date": "2023-09-15", "close": 6.46, "volume": 540119, "typical_volume": 440054.2, "trend": 7.458667, "fair_value": 8.235385, "relative_strength": -24.856472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.461311, "energy": 44.200339, "activity_lines": [ 6.691333, 6.787273, 6.962238, 7.159075 ] }, { "date": "2023-09-22", "close": 5.59, "volume": 824888, "typical_volume": 439400.2, "trend": 7.369333, "fair_value": 8.258782, "relative_strength": -32.164697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.030491, "energy": 68.854359, "activity_lines": [ 6.304, 6.550545, 6.81981, 7.038516 ] }, { "date": "2023-09-29", "close": 5.5, "volume": 416863, "typical_volume": 419716.1, "trend": 7.267667, "fair_value": 8.279615, "relative_strength": -32.781428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.527304, "energy": 81.614927, "activity_lines": [ 5.976, 6.327273, 6.678333, 6.917914 ] }, { "date": "2023-10-06", "close": 5.1, "volume": 347764, "typical_volume": 397992.45, "trend": 7.161, "fair_value": 8.29609, "relative_strength": -38.207871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.905484, "energy": 88.884135, "activity_lines": [ 5.595333, 6.062545, 6.505333, 6.778065 ] }, { "date": "2023-10-13", "close": 4.42, "volume": 653328, "typical_volume": 412498.3, "trend": 7.041667, "fair_value": 8.308333, "relative_strength": -45.893373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.195452, "energy": 95.350464, "activity_lines": [ 5.109333, 5.712909, 6.279476, 6.601226 ] }, { "date": "2023-10-20", "close": 4.405, "volume": 766766, "typical_volume": 417183.25, "trend": 6.931167, "fair_value": 8.321058, "relative_strength": -43.882826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.610755, "energy": 92.885473, "activity_lines": [ 4.773, 5.400727, 6.064905, 6.431118 ] }, { "date": "2023-10-27", "close": 4.35, "volume": 247319, "typical_volume": 406389.9, "trend": 6.806167, "fair_value": 8.33625, "relative_strength": -42.359126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.436603, "energy": 91.096993, "activity_lines": [ 4.555333, 5.123, 5.858024, 6.264591 ] }, { "date": "2023-11-03", "close": 4.55, "volume": 400456, "typical_volume": 390737.3, "trend": 6.6785, "fair_value": 8.347404, "relative_strength": -42.908401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.246125, "energy": 87.889061, "activity_lines": [ 4.487, 4.928545, 5.685524, 6.119032 ] }, { "date": "2023-11-10", "close": 4.47, "volume": 547277, "typical_volume": 398372.9, "trend": 6.5365, "fair_value": 8.357468, "relative_strength": -44.98819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.419915, "energy": 81.977623, "activity_lines": [ 4.455333, 4.758818, 5.518976, 5.976548 ] }, { "date": "2023-11-17", "close": 4.64, "volume": 302211, "typical_volume": 399865.3, "trend": 6.418833, "fair_value": 8.367468, "relative_strength": -43.438573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.049037, "energy": 63.767847, "activity_lines": [ 4.522333, 4.664545, 5.380286, 5.854194 ] }, { "date": "2023-11-24", "close": 4.72, "volume": 177388, "typical_volume": 394671.4, "trend": 6.315167, "fair_value": 8.377147, "relative_strength": -42.394836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.816799, "energy": 57.855684, "activity_lines": [ 4.601333, 4.623, 5.261976, 5.744591 ] }, { "date": "2023-12-01", "close": 5.04, "volume": 330126, "typical_volume": 400515.1, "trend": 6.230167, "fair_value": 8.389391, "relative_strength": -38.022093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.059201, "energy": 44.266068, "activity_lines": [ 4.766, 4.671273, 5.186429, 5.662323 ] }, { "date": "2023-12-08", "close": 4.94, "volume": 157330, "typical_volume": 393252.0, "trend": 6.1655, "fair_value": 8.401699, "relative_strength": -38.962049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.079941, "energy": 34.710244, "activity_lines": [ 4.851333, 4.711364, 5.111786, 5.579086 ] }, { "date": "2023-12-15", "close": 6.0, "volume": 594016, "typical_volume": 413907.75, "trend": 6.112167, "fair_value": 8.419647, "relative_strength": -27.710247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.52326, "energy": 20.51309, "activity_lines": [ 5.264, 4.954364, 5.148952, 5.568409 ] }, { "date": "2023-12-22", "close": 6.27, "volume": 382594, "typical_volume": 410265.75, "trend": 6.084833, "fair_value": 8.437019, "relative_strength": -24.560996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.455397, "energy": 27.848614, "activity_lines": [ 5.664667, 5.230091, 5.21769, 5.578591 ] }, { "date": "2023-12-29", "close": 6.12, "volume": 313019, "typical_volume": 407219.1, "trend": 6.0515, "fair_value": 8.452532, "relative_strength": -25.988668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.124125, "energy": 31.448519, "activity_lines": [ 5.906667, 5.444909, 5.273857, 5.58086 ] }, { "date": "2024-01-05", "close": 6.1, "volume": 226400, "typical_volume": 399956.65, "trend": 6.0025, "fair_value": 8.468814, "relative_strength": -23.232944, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.688318, "energy": 40.451871, "activity_lines": [ 6.048667, 5.624909, 5.331595, 5.583989 ] }, { "date": "2024-01-12", "close": 5.42, "volume": 767380, "typical_volume": 425692.15, "trend": 5.9365, "fair_value": 8.477788, "relative_strength": -33.070213, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 3.280149, "energy": 24.806278, "activity_lines": [ 5.893333, 5.649455, 5.328524, 5.546409 ] }, { "date": "2024-01-19", "close": 4.57, "volume": 554149, "typical_volume": 443574.65, "trend": 5.858167, "fair_value": 8.481442, "relative_strength": -44.339918, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -40.943758, "energy": 18.389642, "activity_lines": [ 5.422667, 5.503636, 5.250643, 5.458247 ] }, { "date": "2024-01-26", "close": 4.53, "volume": 400887, "typical_volume": 447514.0, "trend": 5.765167, "fair_value": 8.48625, "relative_strength": -44.355112, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.567939, "energy": 34.124138, "activity_lines": [ 5.034, 5.348727, 5.180143, 5.372559 ] }, { "date": "2024-02-02", "close": 4.0, "volume": 613586, "typical_volume": 451187.35, "trend": 5.655167, "fair_value": 8.485417, "relative_strength": -50.609771, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.998986, "energy": 50.594604, "activity_lines": [ 4.584667, 5.099455, 5.06969, 5.258677 ] }, { "date": "2024-02-09", "close": 4.02, "volume": 586570, "typical_volume": 439271.45, "trend": 5.548167, "fair_value": 8.481891, "relative_strength": -50.321732, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.099094, "energy": 71.455354, "activity_lines": [ 4.283333, 4.866909, 4.972857, 5.153183 ] }, { "date": "2024-02-16", "close": 3.94, "volume": 656537, "typical_volume": 451255.15, "trend": 5.438833, "fair_value": 8.475032, "relative_strength": -49.468023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.323875, "energy": 78.91154, "activity_lines": [ 4.094, 4.638364, 4.875881, 5.04943 ] }, { "date": "2024-02-23", "close": 3.82, "volume": 435038, "typical_volume": 455618.85, "trend": 5.325167, "fair_value": 8.468045, "relative_strength": -50.66704, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.878326, "energy": 79.624797, "activity_lines": [ 3.963333, 4.406182, 4.774905, 4.944989 ] }, { "date": "2024-03-01", "close": 4.03, "volume": 361565, "typical_volume": 441030.7, "trend": 5.2385, "fair_value": 8.458878, "relative_strength": -47.873317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.454054, "energy": 70.14931, "activity_lines": [ 3.952667, 4.251818, 4.700024, 4.86143 ] }, { "date": "2024-03-08", "close": 3.46, "volume": 795003, "typical_volume": 442442.55, "trend": 5.1255, "fair_value": 8.442532, "relative_strength": -53.487399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.73003, "energy": 65.333889, "activity_lines": [ 3.785333, 4.034545, 4.572714, 4.746688 ] }, { "date": "2024-03-15", "close": 3.97, "volume": 1236247, "typical_volume": 491888.95, "trend": 5.026833, "fair_value": 8.413045, "relative_strength": -44.927273, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.90354, "energy": 50.415241, "activity_lines": [ 3.824, 3.958364, 4.498476, 4.67214 ] }, { "date": "2024-03-22", "close": 4.02, "volume": 757250, "typical_volume": 509728.65, "trend": 4.937167, "fair_value": 8.386314, "relative_strength": -44.841517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.559444, "energy": 44.504205, "activity_lines": [ 3.882667, 3.93, 4.43081, 4.607183 ] }, { "date": "2024-03-29", "close": 5.57, "volume": 3382602, "typical_volume": 651494.9, "trend": 4.892167, "fair_value": 8.370865, "relative_strength": -21.984048, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.380262, "energy": 9.844985, "activity_lines": [ 4.452667, 4.208909, 4.513286, 4.648011 ] }, { "date": "2024-04-05", "close": 5.71, "volume": 1120790, "typical_volume": 692423.85, "trend": 4.857833, "fair_value": 8.351058, "relative_strength": -18.051375, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.536769, "energy": 28.747645, "activity_lines": [ 4.952667, 4.495091, 4.603857, 4.700774 ] }, { "date": "2024-04-12", "close": 5.45, "volume": 894406, "typical_volume": 728274.75, "trend": 4.824167, "fair_value": 8.328045, "relative_strength": -19.915134, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.24003, "energy": 36.991463, "activity_lines": [ 5.254, 4.712545, 4.664571, 4.738978 ] }, { "date": "2024-04-19", "close": 5.19, "volume": 705311, "typical_volume": 747034.0, "trend": 4.810833, "fair_value": 8.303686, "relative_strength": -18.024865, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.599329, "energy": 39.39034, "activity_lines": [ 5.336, 4.856364, 4.697048, 4.762581 ] }, { "date": "2024-04-26", "close": 5.21, "volume": 546191, "typical_volume": 766477.05, "trend": 4.801167, "fair_value": 8.277468, "relative_strength": -19.57996, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.978775, "energy": 49.646562, "activity_lines": [ 5.343333, 4.982545, 4.730714, 4.788333 ] }, { "date": "2024-05-03", "close": 5.11, "volume": 824924, "typical_volume": 778022.45, "trend": 4.8015, "fair_value": 8.248494, "relative_strength": -20.725103, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.425241, "energy": 36.175796, "activity_lines": [ 5.238, 5.067455, 4.753571, 4.808258 ] }, { "date": "2024-05-10", "close": 5.32, "volume": 1675216, "typical_volume": 842653.55, "trend": 4.8315, "fair_value": 8.214583, "relative_strength": -17.704168, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.228134, "energy": 22.779998, "activity_lines": [ 5.233333, 5.167091, 4.800667, 4.84171 ] }, { "date": "2024-05-17", "close": 5.52, "volume": 690621, "typical_volume": 861533.65, "trend": 4.868667, "fair_value": 8.183301, "relative_strength": -15.27203, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 50.243407, "energy": 30.505473, "activity_lines": [ 5.321333, 5.279636, 4.871333, 4.886129 ] }, { "date": "2024-05-24", "close": 5.42, "volume": 693997, "typical_volume": 884913.5, "trend": 4.904333, "fair_value": 8.149327, "relative_strength": -16.973719, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.168807, "energy": 31.811036, "activity_lines": [ 5.371333, 5.336545, 4.935333, 4.921699 ] }, { "date": "2024-05-31", "close": 5.2, "volume": 353497, "typical_volume": 864219.35, "trend": 4.926, "fair_value": 8.113429, "relative_strength": -18.106082, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.501156, "energy": 29.978093, "activity_lines": [ 5.332667, 5.327091, 4.981619, 4.940774 ] }, { "date": "2024-06-07", "close": 4.93, "volume": 594873, "typical_volume": 866255.55, "trend": 4.941333, "fair_value": 8.063494, "relative_strength": -23.276626, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.062366, "energy": 10.986217, "activity_lines": [ 5.204667, 5.247091, 5.003238, 4.941032 ] }, { "date": "2024-06-14", "close": 4.77, "volume": 416838, "typical_volume": 867053.1, "trend": 4.945667, "fair_value": 8.024968, "relative_strength": -27.243352, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.253695, "energy": 6.140062, "activity_lines": [ 5.035333, 5.149636, 5.007905, 4.929978 ] }, { "date": "2024-06-21", "close": 4.45, "volume": 334924, "typical_volume": 853120.0, "trend": 4.936667, "fair_value": 7.983429, "relative_strength": -31.306313, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.747011, "energy": 18.888247, "activity_lines": [ 4.796, 5.011091, 4.980952, 4.898 ] }, { "date": "2024-06-28", "close": 4.25, "volume": 483524, "typical_volume": 847967.7, "trend": 4.910333, "fair_value": 7.940994, "relative_strength": -33.300765, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.60834, "energy": 39.919221, "activity_lines": [ 4.561333, 4.854364, 4.93281, 4.853699 ] }, { "date": "2024-07-05", "close": 4.14, "volume": 468992, "typical_volume": 838590.45, "trend": 4.883667, "fair_value": 7.902147, "relative_strength": -36.177699, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.372702, "energy": 62.477967, "activity_lines": [ 4.368, 4.694727, 4.873095, 4.804 ] }, { "date": "2024-07-12", "close": 4.49, "volume": 850630, "typical_volume": 859370.05, "trend": 4.833333, "fair_value": 7.874391, "relative_strength": -29.544772, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.651564, "energy": 52.580197, "activity_lines": [ 4.362, 4.618182, 4.845762, 4.778602 ] }, { "date": "2024-07-19", "close": 4.99, "volume": 373702, "typical_volume": 859976.9, "trend": 4.790667, "fair_value": 7.846571, "relative_strength": -17.38072, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.262126, "energy": 30.500223, "activity_lines": [ 4.552, 4.643818, 4.862857, 4.78871 ] }, { "date": "2024-07-26", "close": 5.18, "volume": 284385, "typical_volume": 834446.0, "trend": 4.759333, "fair_value": 7.821122, "relative_strength": -10.91104, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.968886, "energy": 8.475615, "activity_lines": [ 4.790667, 4.71, 4.893476, 4.813828 ] }, { "date": "2024-08-02", "close": 4.61, "volume": 285281, "typical_volume": 786897.7, "trend": 4.709667, "fair_value": 7.789968, "relative_strength": -17.22967, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.229779, "energy": 9.353059, "activity_lines": [ 4.790667, 4.678727, 4.861619, 4.804194 ] }, { "date": "2024-08-09", "close": 3.57, "volume": 673072, "typical_volume": 782688.8, "trend": 4.648, "fair_value": 7.74234, "relative_strength": -35.040859, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.149184, "energy": 24.054784, "activity_lines": [ 4.42, 4.473091, 4.727667, 4.730667 ] }, { "date": "2024-08-16", "close": 3.53, "volume": 471646, "typical_volume": 637141.0, "trend": 4.613333, "fair_value": 7.698045, "relative_strength": -37.918371, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -48.836744, "energy": 58.339105, "activity_lines": [ 4.074, 4.289818, 4.592048, 4.658538 ] }, { "date": "2024-08-23", "close": 3.97, "volume": 265731, "typical_volume": 594388.05, "trend": 4.594667, "fair_value": 7.651122, "relative_strength": -29.741644, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.45679, "energy": 61.414315, "activity_lines": [ 3.938667, 4.212, 4.508048, 4.617032 ] }, { "date": "2024-08-30", "close": 3.85, "volume": 252965, "typical_volume": 562316.0, "trend": 4.589667, "fair_value": 7.605224, "relative_strength": -30.148449, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.769471, "energy": 74.400291, "activity_lines": [ 3.831333, 4.126909, 4.420905, 4.568989 ] }, { "date": "2024-09-06", "close": 3.31, "volume": 264561, "typical_volume": 540278.5, "trend": 4.566, "fair_value": 7.561314, "relative_strength": -35.085308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.079964, "energy": 80.799438, "activity_lines": [ 3.632667, 3.954545, 4.289952, 4.48643 ] }, { "date": "2024-09-13", "close": 3.46, "volume": 373683, "typical_volume": 531653.1, "trend": 4.55, "fair_value": 7.517019, "relative_strength": -34.815917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.632129, "energy": 71.707559, "activity_lines": [ 3.570667, 3.826545, 4.182238, 4.415075 ] }, { "date": "2024-09-20", "close": 3.57, "volume": 654857, "typical_volume": 523149.75, "trend": 4.541667, "fair_value": 7.468878, "relative_strength": -32.772052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.805466, "energy": 60.79824, "activity_lines": [ 3.552667, 3.730909, 4.093333, 4.351849 ] }, { "date": "2024-09-27", "close": 3.75, "volume": 430020, "typical_volume": 460889.95, "trend": 4.532333, "fair_value": 7.420481, "relative_strength": -29.147319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.206345, "energy": 47.820628, "activity_lines": [ 3.592, 3.684727, 4.028905, 4.300774 ] }, { "date": "2024-10-04", "close": 3.67, "volume": 305004, "typical_volume": 441609.1, "trend": 4.539333, "fair_value": 7.368942, "relative_strength": -29.928361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.585924, "energy": 41.265028, "activity_lines": [ 3.619333, 3.646545, 3.964333, 4.24514 ] }, { "date": "2024-10-11", "close": 3.6, "volume": 431701, "typical_volume": 428494.3, "trend": 4.527, "fair_value": 7.303942, "relative_strength": -31.507539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.118062, "energy": 34.838837, "activity_lines": [ 3.635333, 3.623091, 3.901905, 4.184538 ] }, { "date": "2024-10-18", "close": 3.82, "volume": 489035, "typical_volume": 435271.2, "trend": 4.520333, "fair_value": 7.250609, "relative_strength": -26.853633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.675187, "energy": 28.235386, "activity_lines": [ 3.705333, 3.658, 3.869095, 4.138925 ] }, { "date": "2024-10-25", "close": 3.34, "volume": 392785, "typical_volume": 425166.8, "trend": 4.446, "fair_value": 7.187276, "relative_strength": -35.45641, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.577865, "energy": 38.422786, "activity_lines": [ 3.591333, 3.601091, 3.797143, 4.062774 ] }, { "date": "2024-11-01", "close": 3.41, "volume": 281230, "typical_volume": 418386.4, "trend": 4.369333, "fair_value": 7.109647, "relative_strength": -32.356862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.178577, "energy": 39.989219, "activity_lines": [ 3.516, 3.560364, 3.739429, 3.995935 ] }, { "date": "2024-11-08", "close": 3.19, "volume": 978784, "typical_volume": 450579.4, "trend": 4.294, "fair_value": 7.026699, "relative_strength": -39.36688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.010204, "energy": 53.207037, "activity_lines": [ 3.39, 3.489818, 3.667238, 3.919849 ] }, { "date": "2024-11-15", "close": 3.02, "volume": 801587, "typical_volume": 466482.55, "trend": 4.221667, "fair_value": 6.953237, "relative_strength": -39.886987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.226853, "energy": 70.132378, "activity_lines": [ 3.239333, 3.400364, 3.584857, 3.837656 ] }, { "date": "2024-11-22", "close": 3.43, "volume": 538206, "typical_volume": 469943.25, "trend": 4.162333, "fair_value": 6.886955, "relative_strength": -32.272851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.327593, "energy": 56.166551, "activity_lines": [ 3.264, 3.390727, 3.547381, 3.786581 ] }, { "date": "2024-11-29", "close": 3.53, "volume": 738288, "typical_volume": 464326.15, "trend": 4.109667, "fair_value": 6.830288, "relative_strength": -30.020113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.95275, "energy": 39.403436, "activity_lines": [ 3.348, 3.399818, 3.52281, 3.745785 ] }, { "date": "2024-12-06", "close": 3.35, "volume": 481278, "typical_volume": 469704.95, "trend": 4.044, "fair_value": 6.766186, "relative_strength": -34.900606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.345548, "energy": 34.959523, "activity_lines": [ 3.359333, 3.376909, 3.485667, 3.696774 ] }, { "date": "2024-12-13", "close": 3.0, "volume": 1000814, "typical_volume": 505526.4, "trend": 3.96, "fair_value": 6.708942, "relative_strength": -41.074797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.226747, "energy": 37.714075, "activity_lines": [ 3.258, 3.297636, 3.423, 3.629419 ] }, { "date": "2024-12-20", "close": 2.82, "volume": 767270, "typical_volume": 529625.85, "trend": 3.873333, "fair_value": 6.644904, "relative_strength": -42.185159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.157624, "energy": 45.582741, "activity_lines": [ 3.109333, 3.197818, 3.353571, 3.555871 ] }, { "date": "2024-12-27", "close": 2.91, "volume": 311639, "typical_volume": 511554.2, "trend": 3.797, "fair_value": 6.582724, "relative_strength": -39.714785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.702553, "energy": 58.24695, "activity_lines": [ 3.004, 3.128545, 3.301238, 3.49372 ] }, { "date": "2025-01-03", "close": 2.92, "volume": 738469, "typical_volume": 524895.35, "trend": 3.73, "fair_value": 6.520673, "relative_strength": -37.769132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.823472, "energy": 63.815454, "activity_lines": [ 2.936667, 3.077636, 3.253, 3.43714 ] }, { "date": "2025-01-10", "close": 2.84, "volume": 352423, "typical_volume": 529229.95, "trend": 3.665667, "fair_value": 6.457596, "relative_strength": -37.083504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.355373, "energy": 62.882548, "activity_lines": [ 2.883333, 3.019818, 3.200048, 3.37972 ] }, { "date": "2025-01-17", "close": 3.32, "volume": 777161, "typical_volume": 555439.75, "trend": 3.628, "fair_value": 6.402981, "relative_strength": -27.790697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.522022, "energy": 35.439475, "activity_lines": [ 3.024, 3.059636, 3.19819, 3.357419 ] }, { "date": "2025-01-24", "close": 3.73, "volume": 443312, "typical_volume": 564377.3, "trend": 3.610667, "fair_value": 6.349583, "relative_strength": -19.429626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.347503, "energy": 11.423709, "activity_lines": [ 3.28, 3.171636, 3.237905, 3.364 ] }, { "date": "2025-01-31", "close": 3.75, "volume": 364670, "typical_volume": 563926.65, "trend": 3.597667, "fair_value": 6.294904, "relative_strength": -17.459895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.808305, "energy": 17.59788, "activity_lines": [ 3.482, 3.274364, 3.277524, 3.372989 ] }, { "date": "2025-02-07", "close": 3.3, "volume": 283321, "typical_volume": 545349.85, "trend": 3.558, "fair_value": 6.236442, "relative_strength": -26.977298, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.328043, "energy": 21.196678, "activity_lines": [ 3.478, 3.289455, 3.272905, 3.353785 ] }, { "date": "2025-02-14", "close": 3.22, "volume": 480189, "typical_volume": 547858.3, "trend": 3.499, "fair_value": 6.177853, "relative_strength": -30.264137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.706135, "energy": 18.262806, "activity_lines": [ 3.422, 3.294182, 3.261952, 3.331978 ] }, { "date": "2025-02-21", "close": 3.09, "volume": 311553, "typical_volume": 548185.75, "trend": 3.429333, "fair_value": 6.121635, "relative_strength": -31.092591, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.035522, "energy": 11.248494, "activity_lines": [ 3.297333, 3.277636, 3.241143, 3.305591 ] }, { "date": "2025-02-28", "close": 3.26, "volume": 312194, "typical_volume": 542210.4, "trend": 3.384333, "fair_value": 6.071058, "relative_strength": -24.281178, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.795913, "energy": 17.442182, "activity_lines": [ 3.244667, 3.290364, 3.239286, 3.294667 ] }, { "date": "2025-03-07", "close": 2.98, "volume": 409755, "typical_volume": 538246.4, "trend": 3.364667, "fair_value": 6.026186, "relative_strength": -28.174677, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.412852, "energy": 27.392219, "activity_lines": [ 3.13, 3.244182, 3.212381, 3.268581 ] }, { "date": "2025-03-14", "close": 2.67, "volume": 468222, "typical_volume": 542018.25, "trend": 3.336, "fair_value": 5.970288, "relative_strength": -33.467438, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.27358, "energy": 52.139018, "activity_lines": [ 2.963333, 3.140364, 3.159952, 3.223763 ] }, { "date": "2025-03-21", "close": 2.8, "volume": 296693, "typical_volume": 542791.4, "trend": 3.297, "fair_value": 5.921571, "relative_strength": -29.879593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.984645, "energy": 58.371675, "activity_lines": [ 2.882, 3.064727, 3.123095, 3.189183 ] }, { "date": "2025-03-28", "close": 2.99, "volume": 292729, "typical_volume": 508488.65, "trend": 3.268333, "fair_value": 5.873237, "relative_strength": -22.209791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.881123, "energy": 54.806159, "activity_lines": [ 2.892, 3.024364, 3.107238, 3.169376 ] }, { "date": "2025-04-04", "close": 2.8, "volume": 358639, "typical_volume": 486341.25, "trend": 3.251333, "fair_value": 5.825673, "relative_strength": -17.942815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.463971, "energy": 51.216028, "activity_lines": [ 2.845333, 2.955455, 3.074238, 3.139161 ] }, { "date": "2025-04-11", "close": 2.96, "volume": 411947, "typical_volume": 480028.3, "trend": 3.234667, "fair_value": 5.77875, "relative_strength": -18.141853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.701815, "energy": 30.538619, "activity_lines": [ 2.882667, 2.932545, 3.057524, 3.120366 ] }, { "date": "2025-04-18", "close": 2.78, "volume": 520454, "typical_volume": 469136.6, "trend": 3.208333, "fair_value": 5.734006, "relative_strength": -20.11407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.829775, "energy": 30.7356, "activity_lines": [ 2.861333, 2.891273, 3.025905, 3.091032 ] }, { "date": "2025-04-25", "close": 2.92, "volume": 259143, "typical_volume": 458029.85, "trend": 3.180667, "fair_value": 5.693045, "relative_strength": -19.969456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.22523, "energy": 27.286446, "activity_lines": [ 2.879333, 2.884909, 3.01119, 3.07243 ] }, { "date": "2025-05-02", "close": 3.1, "volume": 292389, "typical_volume": 422608.6, "trend": 3.161667, "fair_value": 5.652468, "relative_strength": -16.730768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.612114, "energy": 15.546574, "activity_lines": [ 2.949333, 2.916727, 3.015667, 3.067226 ] }, { "date": "2025-05-09", "close": 3.87, "volume": 344595, "typical_volume": 401474.85, "trend": 3.170667, "fair_value": 5.620673, "relative_strength": 5.245466, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.045954, "energy": 20.314677, "activity_lines": [ 3.268667, 3.088364, 3.093, 3.112925 ] }, { "date": "2025-05-16", "close": 4.26, "volume": 379302, "typical_volume": 404858.0, "trend": 3.185333, "fair_value": 5.593814, "relative_strength": 9.553956, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 53.345065, "energy": 61.077939, "activity_lines": [ 3.646667, 3.319818, 3.202476, 3.183204 ] }, { "date": "2025-05-23", "close": 3.73, "volume": 322405, "typical_volume": 384054.8, "trend": 3.198333, "fair_value": 5.557853, "relative_strength": -0.589771, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.352532, "energy": 67.100615, "activity_lines": [ 3.761333, 3.431636, 3.255048, 3.218344 ] }, { "date": "2025-05-30", "close": 3.44, "volume": 186563, "typical_volume": 375761.8, "trend": 3.199333, "fair_value": 5.522212, "relative_strength": -8.87731, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.755218, "energy": 64.379381, "activity_lines": [ 3.716, 3.471455, 3.276143, 3.233935 ] }, { "date": "2025-06-06", "close": 3.55, "volume": 192542, "typical_volume": 346530.85, "trend": 3.211333, "fair_value": 5.486955, "relative_strength": -6.893386, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.094137, "energy": 54.813718, "activity_lines": [ 3.672667, 3.519636, 3.304857, 3.256559 ] }, { "date": "2025-06-13", "close": 3.45, "volume": 307403, "typical_volume": 339735.4, "trend": 3.225667, "fair_value": 5.457468, "relative_strength": -8.15659, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.767973, "energy": 26.87306, "activity_lines": [ 3.566, 3.539455, 3.322952, 3.271957 ] }, { "date": "2025-06-20", "close": 3.43, "volume": 390413, "typical_volume": 341022.55, "trend": 3.225667, "fair_value": 5.427981, "relative_strength": -7.968064, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.308098, "energy": 16.344996, "activity_lines": [ 3.480667, 3.543818, 3.340476, 3.28514 ] }, { "date": "2025-06-27", "close": 4.14, "volume": 3354829, "typical_volume": 494597.95, "trend": 3.246, "fair_value": 5.405609, "relative_strength": 7.052151, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.303263, "energy": 31.387124, "activity_lines": [ 3.687333, 3.668727, 3.427143, 3.344129 ] }, { "date": "2025-07-04", "close": 5.13, "volume": 932450, "typical_volume": 517211.0, "trend": 3.305333, "fair_value": 5.389519, "relative_strength": 30.416823, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 78.718233, "energy": 58.589793, "activity_lines": [ 4.196667, 3.948909, 3.604095, 3.465677 ] }, { "date": "2025-07-11", "close": 4.67, "volume": 1532416, "typical_volume": 578254.15, "trend": 3.361, "fair_value": 5.370737, "relative_strength": 19.381879, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.619573, "energy": 68.29971, "activity_lines": [ 4.44, 4.105273, 3.728143, 3.55372 ] }, { "date": "2025-07-18", "close": 3.71, "volume": 1098005, "typical_volume": 617544.7, "trend": 3.390667, "fair_value": 5.343109, "relative_strength": -5.333774, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.167716, "energy": 58.295209, "activity_lines": [ 4.288667, 4.058545, 3.753238, 3.576237 ] }, { "date": "2025-07-25", "close": 3.33, "volume": 531718, "typical_volume": 623642.85, "trend": 3.404667, "fair_value": 5.310673, "relative_strength": -14.532288, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.772544, "energy": 29.398966, "activity_lines": [ 3.993333, 3.945636, 3.74, 3.572323 ] }, { "date": "2025-08-01", "close": 2.96, "volume": 317086, "typical_volume": 616086.05, "trend": 3.406, "fair_value": 5.279199, "relative_strength": -21.217418, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.690611, "energy": 12.159979, "activity_lines": [ 3.581333, 3.782364, 3.689857, 3.543634 ] }, { "date": "2025-08-08", "close": 2.78, "volume": 748922, "typical_volume": 638697.5, "trend": 3.404, "fair_value": 5.243045, "relative_strength": -28.031201, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.583264, "energy": 29.199302, "activity_lines": [ 3.188, 3.600364, 3.62119, 3.503247 ] }, { "date": "2025-08-15", "close": 2.68, "volume": 403328, "typical_volume": 644227.45, "trend": 3.382667, "fair_value": 5.204455, "relative_strength": -30.391697, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.674222, "energy": 35.498612, "activity_lines": [ 2.918, 3.412182, 3.543095, 3.456538 ] }, { "date": "2025-08-22", "close": 2.84, "volume": 312151, "typical_volume": 641903.05, "trend": 3.353, "fair_value": 5.172147, "relative_strength": -24.816763, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.98341, "energy": 48.582806, "activity_lines": [ 2.834, 3.268909, 3.481714, 3.421527 ] }, { "date": "2025-08-29", "close": 2.79, "volume": 309694, "typical_volume": 636790.4, "trend": 3.321, "fair_value": 5.145481, "relative_strength": -25.232278, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.478078, "energy": 51.202922, "activity_lines": [ 2.791333, 3.127636, 3.415381, 3.385204 ] }, { "date": "2025-09-05", "close": 2.75, "volume": 210895, "typical_volume": 621312.45, "trend": 3.302667, "fair_value": 5.115224, "relative_strength": -26.456623, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.577032, "energy": 46.068133, "activity_lines": [ 2.771333, 2.990727, 3.346048, 3.348366 ] }, { "date": "2025-09-12", "close": 2.62, "volume": 431585, "typical_volume": 629934.55, "trend": 3.282667, "fair_value": 5.08734, "relative_strength": -30.612592, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.289252, "energy": 36.751715, "activity_lines": [ 2.722, 2.855455, 3.264476, 3.304323 ] }, { "date": "2025-09-19", "close": 2.47, "volume": 454005, "typical_volume": 638015.35, "trend": 3.262, "fair_value": 5.058109, "relative_strength": -35.328647, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.761634, "energy": 49.920126, "activity_lines": [ 2.633333, 2.738545, 3.170048, 3.251892 ] }, { "date": "2025-09-26", "close": 2.46, "volume": 407171, "typical_volume": 641144.15, "trend": 3.235333, "fair_value": 5.031314, "relative_strength": -34.586445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.619651, "energy": 61.82668, "activity_lines": [ 2.555333, 2.659818, 3.077667, 3.200151 ] }, { "date": "2025-10-03", "close": 2.45, "volume": 1873481, "typical_volume": 715853.1, "trend": 3.217667, "fair_value": 5.004583, "relative_strength": -34.935223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.681098, "energy": 67.15354, "activity_lines": [ 2.499333, 2.602, 2.991048, 3.149484 ] }, { "date": "2025-10-10", "close": 2.48, "volume": 382388, "typical_volume": 718852.25, "trend": 3.211333, "fair_value": 4.97734, "relative_strength": -31.954269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.879119, "energy": 66.945852, "activity_lines": [ 2.476, 2.565636, 2.915905, 3.101892 ] }, { "date": "2025-10-17", "close": 2.59, "volume": 359541, "typical_volume": 727501.15, "trend": 3.204333, "fair_value": 4.951442, "relative_strength": -29.875438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.471577, "energy": 61.845482, "activity_lines": [ 2.507333, 2.558, 2.85719, 3.061806 ] }, { "date": "2025-10-24", "close": 2.54, "volume": 238051, "typical_volume": 729776.6, "trend": 3.189333, "fair_value": 4.918942, "relative_strength": -32.128533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.644476, "energy": 47.75861, "activity_lines": [ 2.524, 2.544727, 2.797762, 3.018946 ] }, { "date": "2025-10-31", "close": 2.27, "volume": 339682, "typical_volume": 731390.55, "trend": 3.171667, "fair_value": 4.896763, "relative_strength": -39.844116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.263317, "energy": 51.53374, "activity_lines": [ 2.446, 2.484909, 2.717429, 2.959634 ] }, { "date": "2025-11-07", "close": 1.88, "volume": 565749, "typical_volume": 740157.35, "trend": 3.135667, "fair_value": 4.868109, "relative_strength": -48.074761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.937132, "energy": 70.517011, "activity_lines": [ 2.250667, 2.364545, 2.605571, 2.876301 ] }, { "date": "2025-11-14", "close": 1.83, "volume": 268991, "typical_volume": 585865.45, "trend": 3.104, "fair_value": 4.836955, "relative_strength": -48.867934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.355711, "energy": 82.945972, "activity_lines": [ 2.076667, 2.251636, 2.496333, 2.792065 ] }, { "date": "2025-11-21", "close": 1.84, "volume": 266542, "typical_volume": 552570.05, "trend": 3.068, "fair_value": 4.80625, "relative_strength": -46.301499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.006328, "energy": 86.545243, "activity_lines": [ 1.949333, 2.157273, 2.399048, 2.710516 ] }, { "date": "2025-11-28", "close": 2.01, "volume": 92567, "typical_volume": 480577.6, "trend": 3.031667, "fair_value": 4.777468, "relative_strength": -43.407907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.172391, "energy": 80.980036, "activity_lines": [ 1.928667, 2.108, 2.333619, 2.642258 ] }, { "date": "2025-12-05", "close": 1.95, "volume": 156733, "typical_volume": 433514.0, "trend": 2.967667, "fair_value": 4.747083, "relative_strength": -45.039771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.966688, "energy": 66.215301, "activity_lines": [ 1.923333, 2.056182, 2.275143, 2.572473 ] }, { "date": "2025-12-12", "close": 1.86, "volume": 133800, "typical_volume": 413618.1, "trend": 2.887667, "fair_value": 4.718558, "relative_strength": -46.078052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.315108, "energy": 56.701905, "activity_lines": [ 1.909333, 1.997273, 2.216476, 2.501011 ] }, { "date": "2025-12-19", "close": 1.88, "volume": 236063, "typical_volume": 409566.95, "trend": 2.826, "fair_value": 4.68984, "relative_strength": -45.348892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.035347, "energy": 51.787952, "activity_lines": [ 1.903333, 1.952727, 2.166714, 2.436 ] }, { "date": "2025-12-26", "close": 1.8, "volume": 223903, "typical_volume": 383316.0, "trend": 2.771333, "fair_value": 4.660994, "relative_strength": -47.827048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.625363, "energy": 53.148541, "activity_lines": [ 1.867333, 1.904545, 2.114476, 2.369806 ] }, { "date": "2026-01-02", "close": 1.84, "volume": 119713, "typical_volume": 369135.25, "trend": 2.714333, "fair_value": 4.631891, "relative_strength": -45.224514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.751042, "energy": 56.949552, "activity_lines": [ 1.847333, 1.878, 2.070714, 2.30972 ] }, { "date": "2026-01-09", "close": 2.04, "volume": 285454, "typical_volume": 367800.4, "trend": 2.667333, "fair_value": 4.597532, "relative_strength": -40.082976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.713451, "energy": 43.575059, "activity_lines": [ 1.905333, 1.900545, 2.05, 2.266215 ] }, { "date": "2026-01-16", "close": 2.56, "volume": 302443, "typical_volume": 367437.85, "trend": 2.638333, "fair_value": 4.568365, "relative_strength": -23.542116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.061769, "energy": 13.938647, "activity_lines": [ 2.130667, 2.021818, 2.082619, 2.25929 ] }, { "date": "2026-01-23", "close": 2.35, "volume": 85026, "typical_volume": 361144.4, "trend": 2.578667, "fair_value": 4.535288, "relative_strength": -29.143195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.414303, "energy": 20.072665, "activity_lines": [ 2.239333, 2.092545, 2.096333, 2.240688 ] }, { "date": "2026-01-30", "close": 2.16, "volume": 65454, "typical_volume": 342837.85, "trend": 2.479667, "fair_value": 4.497404, "relative_strength": -33.88964, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.171265, "energy": 22.286462, "activity_lines": [ 2.253333, 2.119273, 2.093857, 2.213677 ] }, { "date": "2026-02-06", "close": 2.04, "volume": 68376, "typical_volume": 323556.4, "trend": 2.392, "fair_value": 4.456955, "relative_strength": -35.604711, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.025556, "energy": 21.669454, "activity_lines": [ 2.203333, 2.118364, 2.082143, 2.185312 ] }, { "date": "2026-02-13", "close": 2.23, "volume": 80238, "typical_volume": 307209.75, "trend": 2.342667, "fair_value": 4.413173, "relative_strength": -28.088699, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.273301, "energy": 10.122731, "activity_lines": [ 2.203333, 2.151455, 2.090571, 2.17486 ] }, { "date": "2026-02-20", "close": 2.24, "volume": 49886, "typical_volume": 216030.0, "trend": 2.306333, "fair_value": 4.374519, "relative_strength": -27.985935, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.7269, "energy": 6.081713, "activity_lines": [ 2.194, 2.181273, 2.101048, 2.168237 ] }, { "date": "2026-02-27", "close": 2.02, "volume": 103612, "typical_volume": 202091.2, "trend": 2.275, "fair_value": 4.33266, "relative_strength": -34.122287, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.874833, "energy": 17.307247, "activity_lines": [ 2.132667, 2.164182, 2.091571, 2.149763 ] }, { "date": "2026-03-06", "close": 1.99, "volume": 84261, "typical_volume": 188327.2, "trend": 2.248667, "fair_value": 4.292212, "relative_strength": -33.583592, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.760434, "energy": 19.171123, "activity_lines": [ 2.083333, 2.139091, 2.081429, 2.131376 ] }, { "date": "2026-03-13", "close": 1.72, "volume": 380754, "typical_volume": 195462.35, "trend": 2.216667, "fair_value": 4.251955, "relative_strength": -41.403422, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.046408, "energy": 37.802411, "activity_lines": [ 1.955333, 2.061455, 2.048429, 2.097269 ] }, { "date": "2026-03-20", "close": 1.91, "volume": 257565, "typical_volume": 191356.5, "trend": 2.185667, "fair_value": 4.214712, "relative_strength": -32.95661, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.505853, "energy": 44.274827, "activity_lines": [ 1.912, 2.020545, 2.037429, 2.077484 ] }, { "date": "2026-03-27", "close": 1.75, "volume": 379781, "typical_volume": 182058.1, "trend": 2.151, "fair_value": 4.174006, "relative_strength": -35.693177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.026232, "energy": 56.509644, "activity_lines": [ 1.836667, 1.952909, 2.012905, 2.049376 ] }, { "date": "2026-04-03", "close": 1.78, "volume": 85989, "typical_volume": 172908.0, "trend": 2.118667, "fair_value": 4.131699, "relative_strength": -36.17857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.8143, "energy": 58.148959, "activity_lines": [ 1.804, 1.905455, 1.991857, 2.025441 ] }, { "date": "2026-04-10", "close": 1.71, "volume": 270654, "typical_volume": 173113.6, "trend": 2.088333, "fair_value": 4.086699, "relative_strength": -40.405451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.153624, "energy": 52.665669, "activity_lines": [ 1.764, 1.855636, 1.964381, 1.999075 ] }, { "date": "2026-04-17", "close": 1.75, "volume": 111265, "typical_volume": 174048.5, "trend": 2.064333, "fair_value": 4.045545, "relative_strength": -41.70479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.528241, "energy": 52.464096, "activity_lines": [ 1.756, 1.821273, 1.941333, 1.977247 ] }, { "date": "2026-04-24", "close": 1.75, "volume": 245377, "typical_volume": 178480.7, "trend": 2.040667, "fair_value": 4.006571, "relative_strength": -42.102662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.955417, "energy": 44.954525, "activity_lines": [ 1.746, 1.792182, 1.919524, 1.956968 ] }, { "date": "2026-05-01", "close": 1.85, "volume": 190999, "typical_volume": 181340.65, "trend": 2.020667, "fair_value": 3.969776, "relative_strength": -38.790506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.224904, "energy": 33.497511, "activity_lines": [ 1.78, 1.79, 1.90819, 1.944667 ] }, { "date": "2026-05-08", "close": 2.0, "volume": 171440, "typical_volume": 178109.5, "trend": 2.004667, "fair_value": 3.938494, "relative_strength": -35.861135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.887133, "energy": 16.628658, "activity_lines": [ 1.857333, 1.822182, 1.91119, 1.943333 ] }, { "date": "2026-05-15", "close": 1.92, "volume": 167448, "typical_volume": 175286.75, "trend": 1.982333, "fair_value": 3.902083, "relative_strength": -36.702545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.1173, "energy": 16.97717, "activity_lines": [ 1.893333, 1.840182, 1.906, 1.937871 ] }, { "date": "2026-05-22", "close": 1.97, "volume": 106830, "typical_volume": 174642.6, "trend": 1.963333, "fair_value": 3.869263, "relative_strength": -34.47697, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.530164, "energy": 16.74754, "activity_lines": [ 1.932, 1.868545, 1.905, 1.937075 ] }, { "date": "2026-05-29", "close": 2.005, "volume": 133904, "typical_volume": 167065.1, "trend": 1.9545, "fair_value": 3.836474, "relative_strength": -33.996706, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.240422, "energy": 13.455644, "activity_lines": [ 1.967667, 1.898727, 1.906714, 1.939763 ] }, { "date": "2026-06-05", "close": 1.84, "volume": 208908, "typical_volume": 162388.35, "trend": 1.953167, "fair_value": 3.799744, "relative_strength": -35.328289, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.775227, "energy": 11.897631, "activity_lines": [ 1.931333, 1.897182, 1.892881, 1.932376 ] }, { "date": "2026-06-12", "close": 1.84, "volume": 59468, "typical_volume": 161110.45, "trend": 1.9535, "fair_value": 3.764103, "relative_strength": -35.553098, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.70524, "energy": 9.980894, "activity_lines": [ 1.895667, 1.894, 1.882476, 1.925075 ] }, { "date": "2026-06-19", "close": 1.92, "volume": 163318, "typical_volume": 166003.65, "trend": 1.956167, "fair_value": 3.732051, "relative_strength": -33.222621, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.746095, "energy": 12.626306, "activity_lines": [ 1.897333, 1.904273, 1.882119, 1.922914 ] }, { "date": "2026-06-26", "close": 1.99, "volume": 99370, "typical_volume": 167553.35, "trend": 1.9555, "fair_value": 3.697885, "relative_strength": -25.777518, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.843593, "energy": 9.647065, "activity_lines": [ 1.922333, 1.923455, 1.889571, 1.925097 ] }, { "date": "2026-07-03", "close": 1.97, "volume": 122706, "typical_volume": 169676.75, "trend": 1.956167, "fair_value": 3.663718, "relative_strength": -24.672005, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.308284, "energy": 8.457233, "activity_lines": [ 1.939333, 1.934636, 1.895357, 1.926032 ] }, { "date": "2026-07-10", "close": 2.005, "volume": 62785, "typical_volume": 170321.7, "trend": 1.961, "fair_value": 3.630224, "relative_strength": -22.382042, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.262305, "energy": 16.543399, "activity_lines": [ 1.970333, 1.948182, 1.905714, 1.929183 ] }, { "date": "2026-07-17", "close": 1.855, "volume": 71430, "typical_volume": 168712.6, "trend": 1.960167, "fair_value": 3.595833, "relative_strength": -23.43153, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.533559, "energy": 11.197433, "activity_lines": [ 1.940333, 1.931636, 1.902905, 1.922344 ] }, { "date": "2026-07-24", "close": 1.81, "volume": 67301, "typical_volume": 167864.6, "trend": 1.9605, "fair_value": 3.56109, "relative_strength": -22.687617, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.678771, "energy": 14.849961, "activity_lines": [ 1.894333, 1.909545, 1.896595, 1.912656 ] }, { "date": "2026-07-31", "close": 1.78, "volume": 52115, "typical_volume": 151432.65, "trend": 1.9585, "fair_value": 3.53, "relative_strength": -23.185839, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.679167, "energy": 27.66413, "activity_lines": [ 1.845667, 1.884, 1.888286, 1.901011 ] }, { "date": "2026-08-07", "close": 1.68, "volume": 171058, "typical_volume": 147107.3, "trend": 1.9465, "fair_value": 3.496859, "relative_strength": -30.002469, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.639386, "energy": 45.996533, "activity_lines": [ 1.777667, 1.843727, 1.870167, 1.883043 ] } ], "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." } } }