{ "ticker": { "uuid": "b1247311-7597-47e1-a71c-790c71e66e91", "symbol": "MBBAB", "name": "MoveByBike Europe AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 72.027, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -19.453, "architecture_energy": 35.17, "architecture_maturity": 13.238, "architecture_confidence": 62.382, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 36.74, "rotation_up": 20.23, "upward_expansion": 22.34, "deceleration": 51.36, "rotation_down": 54.81, "downward_expansion": 52.01 }, "activity_lines": [ 10.32, 11.032727, 13.374762, 13.170968 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 10.3, "trend_reference": 11.983333, "distance_from_trend": -0.140473, "trend_direction": "Improving", "fair_value": 113.963286, "distance_from_fair_value": -0.90962, "fair_value_direction": "Weakening", "relative_strength": -26.094195, "relative_strength_direction": "Weakening", "price_momentum": 0.775862, "excess_performance": 0.714368, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.140473, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.086431, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.90962, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.057449, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.260942, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.731005, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.775862, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.999088, "read": "Supply-led" } ], "volume": { "latest": 31428, "relative_activity": 0.091659, "balance": 0.999088, "dry_up": 0.11526, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.480433, "annualized_volatility": 1.917147, "from_high_reference": -0.841049, "from_low_reference": 1.06 }, "levels": { "trend_reference": 11.983333, "fair_value_reference": 113.963286, "structural_low": 5.6, "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": 3, "median_return": -0.22, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.234976, "regime_survival": 0.333333, "best_return": -0.219178, "worst_return": -0.304348, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.411257, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.456363, "regime_survival": 0.0, "best_return": -0.26087, "worst_return": -0.561644, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.332758, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.36951, "regime_survival": 0.0, "best_return": -0.295652, "worst_return": -0.369863, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.894783, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -1.008591, "regime_survival": 0.0, "best_return": -0.894783, "worst_return": -0.894783, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-20", "end": "2024-01-26", "tenure": "Established", "return": -0.358025, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-02", "end": "2024-06-28", "tenure": "Established", "return": 0.21393, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-05", "end": "2024-08-23", "tenure": "Developing", "return": -0.558802, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2025-06-20", "tenure": "Extended", "return": -0.8425, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.583942, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": -0.36478, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-10-03", "tenure": "Developing", "return": -0.488372, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": -0.219178, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-03-20", "tenure": "Established", "return": -0.344828, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.210526, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.118056, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-05-29", "tenure": "Developing", "return": -0.461538, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-05", "end": "2026-07-31", "tenure": "Developing", "return": -0.215385, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 532.354065, "volume": 78, "typical_volume": 112.9, "trend": 782.819239, "fair_value": 1293.51015, "relative_strength": -33.541667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.625225, "energy": 24.666188, "activity_lines": [ 627.5229, 629.520189, 630.721851, 692.958086 ] }, { "date": "2023-08-25", "close": 316.877411, "volume": 277, "typical_volume": 125.4, "trend": 757.997176, "fair_value": 1285.017691, "relative_strength": -60.275989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.411807, "energy": 42.441127, "activity_lines": [ 519.78458, 575.593415, 596.525498, 662.897322 ] }, { "date": "2023-09-01", "close": 396.096771, "volume": 30, "typical_volume": 125.45, "trend": 739.644693, "fair_value": 1277.35458, "relative_strength": -51.03324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.122679, "energy": 58.69401, "activity_lines": [ 462.21852, 539.296549, 572.759693, 639.548909 ] }, { "date": "2023-09-08", "close": 248.748764, "volume": 21, "typical_volume": 124.2, "trend": 714.796222, "fair_value": 1268.563077, "relative_strength": -68.741397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.423596, "energy": 74.98823, "activity_lines": [ 367.683424, 479.147454, 536.978951, 607.878204 ] }, { "date": "2023-09-15", "close": 554.535461, "volume": 176, "typical_volume": 127.65, "trend": 700.140642, "fair_value": 1262.511996, "relative_strength": -30.510185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.959123, "energy": 60.789734, "activity_lines": [ 408.138104, 480.069277, 533.474438, 597.5388 ] }, { "date": "2023-09-22", "close": 486.40683, "volume": 41, "typical_volume": 128.0, "trend": 683.214107, "fair_value": 1255.990104, "relative_strength": -37.974566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.234976, "energy": 40.647691, "activity_lines": [ 433.699549, 471.484781, 524.669773, 583.749522 ] }, { "date": "2023-09-29", "close": 416.693787, "volume": 42, "typical_volume": 124.2, "trend": 664.755997, "fair_value": 1248.995968, "relative_strength": -45.824121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.066444, "energy": 34.371978, "activity_lines": [ 439.086462, 452.644977, 511.040271, 566.554663 ] }, { "date": "2023-10-06", "close": 461.056641, "volume": 48, "typical_volume": 125.05, "trend": 645.400069, "fair_value": 1242.484072, "relative_strength": -39.605462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.576552, "energy": 19.897477, "activity_lines": [ 452.606569, 446.537886, 503.6691, 553.412769 ] }, { "date": "2023-10-13", "close": 663.858154, "volume": 194, "typical_volume": 133.0, "trend": 633.464351, "fair_value": 1237.741237, "relative_strength": -14.314325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.942008, "energy": 11.661047, "activity_lines": [ 529.396521, 479.435519, 516.434731, 554.603613 ] }, { "date": "2023-10-20", "close": 641.676758, "volume": 150, "typical_volume": 130.35, "trend": 621.581447, "fair_value": 1232.895184, "relative_strength": -12.593188, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.527621, "energy": 13.064899, "activity_lines": [ 571.118716, 509.76933, 526.680434, 555.133446 ] }, { "date": "2023-10-27", "close": 594.145142, "volume": 22, "typical_volume": 120.65, "trend": 609.962607, "fair_value": 1227.743974, "relative_strength": -17.893997, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.647615, "energy": 13.681275, "activity_lines": [ 591.187618, 532.008362, 531.833464, 553.363361 ] }, { "date": "2023-11-03", "close": 594.145142, "volume": 15, "typical_volume": 117.7, "trend": 599.00393, "fair_value": 1222.675184, "relative_strength": -20.842404, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.329935, "energy": 16.360554, "activity_lines": [ 604.073967, 553.12392, 536.443276, 552.34288 ] }, { "date": "2023-11-10", "close": 605.23584, "volume": 238, "typical_volume": 110.7, "trend": 591.847782, "fair_value": 1217.774871, "relative_strength": -19.052336, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.441754, "energy": 12.677291, "activity_lines": [ 608.827124, 571.214738, 541.634028, 552.744939 ] }, { "date": "2023-11-17", "close": 484.822449, "volume": 62, "typical_volume": 111.85, "trend": 577.641111, "fair_value": 1212.003593, "relative_strength": -37.366649, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.165423, "energy": 9.084988, "activity_lines": [ 563.830538, 563.609683, 535.130498, 545.840078 ] }, { "date": "2023-11-24", "close": 456.303467, "volume": 85, "typical_volume": 105.6, "trend": 566.048679, "fair_value": 1206.099685, "relative_strength": -41.169784, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.69616, "energy": 16.383921, "activity_lines": [ 521.263338, 546.527109, 526.220206, 538.011843 ] }, { "date": "2023-12-01", "close": 576.716919, "volume": 104, "typical_volume": 109.05, "trend": 556.357513, "fair_value": 1201.220749, "relative_strength": -25.08787, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.232154, "energy": 13.086927, "activity_lines": [ 531.192175, 553.123927, 530.000104, 538.700117 ] }, { "date": "2023-12-08", "close": 541.860352, "volume": 47, "typical_volume": 87.35, "trend": 546.296655, "fair_value": 1196.148746, "relative_strength": -29.609976, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.750077, "energy": 9.059776, "activity_lines": [ 530.664038, 551.741186, 530.664036, 537.764816 ] }, { "date": "2023-12-15", "close": 671.78009, "volume": 7, "typical_volume": 83.0, "trend": 547.564164, "fair_value": 1192.145932, "relative_strength": -14.241689, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.819214, "energy": 7.511505, "activity_lines": [ 576.928133, 571.704459, 544.327486, 545.860522 ] }, { "date": "2023-12-22", "close": 633.754822, "volume": 36, "typical_volume": 83.9, "trend": 549.412616, "fair_value": 1187.915696, "relative_strength": -17.813746, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.984245, "energy": 28.410279, "activity_lines": [ 606.080855, 580.922712, 553.924345, 551.421209 ] }, { "date": "2023-12-29", "close": 475.316132, "volume": 89, "typical_volume": 88.1, "trend": 547.828229, "fair_value": 1182.557805, "relative_strength": -37.804288, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.869377, "energy": 5.436612, "activity_lines": [ 572.491856, 561.881264, 548.959934, 546.640791 ] }, { "date": "2024-01-05", "close": 540.276001, "volume": 36, "typical_volume": 86.0, "trend": 549.83512, "fair_value": 1177.764657, "relative_strength": -26.07259, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.427228, "energy": 6.449876, "activity_lines": [ 559.288635, 557.675439, 551.11772, 546.15355 ] }, { "date": "2024-01-12", "close": 396.096771, "volume": 37, "typical_volume": 74.0, "trend": 546.56072, "fair_value": 1171.974525, "relative_strength": -45.095728, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.150812, "energy": 22.301797, "activity_lines": [ 500.455066, 528.234648, 539.506427, 536.234947 ] }, { "date": "2024-01-19", "close": 418.278198, "volume": 9, "typical_volume": 72.95, "trend": 541.913186, "fair_value": 1166.43264, "relative_strength": -39.314137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.390605, "energy": 33.139537, "activity_lines": [ 458.732878, 506.427723, 529.630416, 527.958655 ] }, { "date": "2024-01-26", "close": 411.940643, "volume": 21, "typical_volume": 72.95, "trend": 537.318465, "fair_value": 1160.925399, "relative_strength": -40.8814, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.702368, "energy": 47.378966, "activity_lines": [ 431.798297, 486.867746, 519.045202, 519.57333 ] }, { "date": "2024-02-02", "close": 159.230896, "volume": 543, "typical_volume": 91.3, "trend": 518.860355, "fair_value": 1153.666743, "relative_strength": -76.598245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.895089, "energy": 69.07414, "activity_lines": [ 335.414746, 422.685665, 483.61529, 495.180584 ] }, { "date": "2024-02-09", "close": 157.250412, "volume": 1199, "typical_volume": 149.2, "trend": 503.45219, "fair_value": 1146.49828, "relative_strength": -76.122154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.632413, "energy": 74.958763, "activity_lines": [ 259.443383, 363.544816, 449.879162, 471.85091 ] }, { "date": "2024-02-16", "close": 189.334259, "volume": 512, "typical_volume": 172.7, "trend": 487.317849, "fair_value": 1139.661394, "relative_strength": -71.205881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.204157, "energy": 74.523097, "activity_lines": [ 219.701674, 317.864057, 420.76605, 451.585237 ] }, { "date": "2024-02-23", "close": 172.698196, "volume": 123, "typical_volume": 176.45, "trend": 473.797746, "fair_value": 1132.803499, "relative_strength": -73.308013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.272216, "energy": 76.1673, "activity_lines": [ 188.198779, 275.568125, 391.151216, 431.287195 ] }, { "date": "2024-03-01", "close": 142.594833, "volume": 897, "typical_volume": 211.6, "trend": 453.728843, "fair_value": 1125.830199, "relative_strength": -77.589032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.785196, "energy": 74.434689, "activity_lines": [ 163.03343, 236.873071, 360.042531, 409.919265 ] }, { "date": "2024-03-08", "close": 144.97142, "volume": 548, "typical_volume": 231.5, "trend": 436.168554, "fair_value": 1118.971047, "relative_strength": -76.733853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.711049, "energy": 70.936639, "activity_lines": [ 156.616663, 207.540304, 331.642393, 389.999431 ] }, { "date": "2024-03-15", "close": 133.088516, "volume": 167, "typical_volume": 238.75, "trend": 422.859703, "fair_value": 1112.12464, "relative_strength": -78.300133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.118489, "energy": 74.891536, "activity_lines": [ 147.189561, 182.053278, 304.475814, 370.44588 ] }, { "date": "2024-03-22", "close": 131.900223, "volume": 234, "typical_volume": 249.7, "trend": 416.693796, "fair_value": 1105.364472, "relative_strength": -77.746803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.057076, "energy": 76.444771, "activity_lines": [ 138.977153, 163.753606, 279.391571, 351.674301 ] }, { "date": "2024-03-29", "close": 157.250412, "volume": 460, "typical_volume": 260.8, "trend": 408.732251, "fair_value": 1098.87054, "relative_strength": -72.482708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.497107, "energy": 72.872233, "activity_lines": [ 143.043745, 154.866634, 258.922799, 334.936018 ] }, { "date": "2024-04-05", "close": 133.880707, "volume": 61, "typical_volume": 260.75, "trend": 404.903316, "fair_value": 1092.305983, "relative_strength": -75.685901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.989304, "energy": 70.877743, "activity_lines": [ 140.350287, 146.476584, 238.361604, 317.20366 ] }, { "date": "2024-04-12", "close": 114.075867, "volume": 184, "typical_volume": 265.7, "trend": 390.221329, "fair_value": 1085.69632, "relative_strength": -78.706555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.951754, "energy": 73.676217, "activity_lines": [ 131.636157, 139.54129, 217.585386, 298.440599 ] }, { "date": "2024-04-19", "close": 95.855415, "volume": 102, "typical_volume": 265.6, "trend": 377.202949, "fair_value": 1079.053093, "relative_strength": -81.459688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.124434, "energy": 64.412178, "activity_lines": [ 118.908247, 130.114186, 196.703541, 279.44925 ] }, { "date": "2024-04-26", "close": 106.946129, "volume": 81, "typical_volume": 267.3, "trend": 366.878027, "fair_value": 1072.57238, "relative_strength": -79.158655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.709733, "energy": 57.198895, "activity_lines": [ 112.359449, 123.819849, 179.167771, 262.013326 ] }, { "date": "2024-05-03", "close": 118.829033, "volume": 28, "typical_volume": 268.35, "trend": 355.47044, "fair_value": 1066.256198, "relative_strength": -75.895856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.916979, "energy": 71.685515, "activity_lines": [ 111.435224, 121.184005, 164.834727, 246.010165 ] }, { "date": "2024-05-10", "close": 118.829033, "volume": 89, "typical_volume": 271.0, "trend": 337.302803, "fair_value": 1060.023125, "relative_strength": -75.908348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.219554, "energy": 71.506236, "activity_lines": [ 113.072425, 119.527601, 153.134783, 230.742978 ] }, { "date": "2024-05-17", "close": 87.933479, "volume": 303, "typical_volume": 281.7, "trend": 318.844693, "fair_value": 1053.669598, "relative_strength": -81.536326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.354123, "energy": 73.660424, "activity_lines": [ 105.414553, 112.685929, 140.944433, 214.654634 ] }, { "date": "2024-05-24", "close": 171.1138, "volume": 1328, "typical_volume": 346.3, "trend": 304.743649, "fair_value": 1047.938716, "relative_strength": -63.652953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.899987, "energy": 39.341708, "activity_lines": [ 127.226281, 122.005005, 138.520698, 205.123609 ] }, { "date": "2024-05-31", "close": 105.36174, "volume": 603, "typical_volume": 374.6, "trend": 288.450868, "fair_value": 1041.857574, "relative_strength": -76.981341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.441357, "energy": 39.011416, "activity_lines": [ 122.103429, 118.677793, 131.592777, 192.26026 ] }, { "date": "2024-06-07", "close": 110.907097, "volume": 990, "typical_volume": 423.65, "trend": 271.973244, "fair_value": 1035.889943, "relative_strength": -75.504212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.377446, "energy": 35.775041, "activity_lines": [ 118.934656, 116.841345, 126.577437, 180.805823 ] }, { "date": "2024-06-14", "close": 87.141289, "volume": 795, "typical_volume": 462.35, "trend": 258.717205, "fair_value": 1022.23574, "relative_strength": -79.886767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.43968, "energy": 39.934732, "activity_lines": [ 108.372075, 111.526446, 120.76236, 168.881181 ] }, { "date": "2024-06-21", "close": 150.516769, "volume": 1331, "typical_volume": 501.75, "trend": 248.524315, "fair_value": 1009.448746, "relative_strength": -64.655639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.447539, "energy": 27.434979, "activity_lines": [ 121.047171, 118.58417, 122.529705, 161.900507 ] }, { "date": "2024-06-28", "close": 193.295227, "volume": 7635, "typical_volume": 823.55, "trend": 235.743592, "fair_value": 997.627406, "relative_strength": -53.657301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.391031, "energy": 7.473728, "activity_lines": [ 143.809534, 132.757233, 128.412686, 158.337341 ] }, { "date": "2024-07-05", "close": 163.191864, "volume": 935, "typical_volume": 844.7, "trend": 223.121309, "fair_value": 984.230228, "relative_strength": -59.458987, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.689015, "energy": 10.533137, "activity_lines": [ 155.058681, 139.685325, 131.257037, 153.656584 ] }, { "date": "2024-07-12", "close": 119.621223, "volume": 494, "typical_volume": 863.25, "trend": 204.716014, "fair_value": 965.867369, "relative_strength": -70.284819, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.163321, "energy": 12.739198, "activity_lines": [ 147.928939, 137.668832, 130.076292, 146.979159 ] }, { "date": "2024-07-19", "close": 114.868065, "volume": 162, "typical_volume": 826.5, "trend": 187.419788, "fair_value": 950.316601, "relative_strength": -69.822799, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.77712, "energy": 10.31462, "activity_lines": [ 138.633869, 134.773726, 128.695612, 141.182517 ] }, { "date": "2024-07-26", "close": 90.310059, "volume": 1648, "typical_volume": 881.5, "trend": 174.586253, "fair_value": 934.915714, "relative_strength": -75.648475, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.891825, "energy": 19.467154, "activity_lines": [ 119.304345, 127.485544, 125.108107, 134.917373 ] }, { "date": "2024-08-02", "close": 100.0, "volume": 807, "typical_volume": 913.5, "trend": 159.910386, "fair_value": 917.348989, "relative_strength": -70.65069, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.152227, "energy": 25.561137, "activity_lines": [ 107.218583, 121.91596, 122.703745, 130.105357 ] }, { "date": "2024-08-09", "close": 80.0, "volume": 174, "typical_volume": 910.5, "trend": 149.373827, "fair_value": 901.34423, "relative_strength": -75.511608, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.244701, "energy": 34.509738, "activity_lines": [ 94.685835, 114.00299, 118.552186, 124.949848 ] }, { "date": "2024-08-16", "close": 75.5, "volume": 752, "typical_volume": 925.1, "trend": 137.947887, "fair_value": 885.310624, "relative_strength": -76.836966, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.013249, "energy": 40.533879, "activity_lines": [ 86.199212, 105.732961, 114.219199, 120.183795 ] }, { "date": "2024-08-23", "close": 72.0, "volume": 1478, "typical_volume": 995.95, "trend": 126.616532, "fair_value": 866.373609, "relative_strength": -77.739633, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.574337, "energy": 42.939782, "activity_lines": [ 79.487337, 97.470334, 109.942167, 115.929093 ] }, { "date": "2024-08-30", "close": 80.0, "volume": 2054, "typical_volume": 1089.45, "trend": 123.975502, "fair_value": 847.987246, "relative_strength": -75.044864, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.935484, "energy": 37.897887, "activity_lines": [ 78.3, 90.937549, 106.721709, 112.921574 ] }, { "date": "2024-09-06", "close": 64.0, "volume": 212, "typical_volume": 1094.95, "trend": 120.867155, "fair_value": 829.882449, "relative_strength": -78.818829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.716726, "energy": 36.457397, "activity_lines": [ 72.466667, 82.777795, 102.139708, 109.052187 ] }, { "date": "2024-09-13", "close": 67.0, "volume": 47, "typical_volume": 1093.25, "trend": 116.789347, "fair_value": 812.411489, "relative_strength": -77.407475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.0639, "energy": 33.667998, "activity_lines": [ 70.033333, 77.514319, 97.995114, 105.576887 ] }, { "date": "2024-09-20", "close": 76.0, "volume": 180, "typical_volume": 1100.85, "trend": 113.566073, "fair_value": 794.844569, "relative_strength": -74.080856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.858717, "energy": 30.109657, "activity_lines": [ 71.466667, 75.636149, 94.897882, 102.945316 ] }, { "date": "2024-09-27", "close": 31.5, "volume": 16070, "typical_volume": 1899.9, "trend": 109.862912, "fair_value": 777.299697, "relative_strength": -89.170353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.370185, "energy": 59.731403, "activity_lines": [ 58.033333, 66.460183, 87.766503, 97.650731 ] }, { "date": "2024-10-04", "close": 22.5, "volume": 32514, "typical_volume": 3510.45, "trend": 105.780532, "fair_value": 762.155564, "relative_strength": -91.867109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.280242, "energy": 69.187094, "activity_lines": [ 44.3, 57.163636, 80.193833, 92.014414 ] }, { "date": "2024-10-11", "close": 20.5, "volume": 7929, "typical_volume": 3840.5, "trend": 102.027581, "fair_value": 745.231612, "relative_strength": -92.126119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.024743, "energy": 75.259194, "activity_lines": [ 33.733333, 48.736364, 72.742275, 86.512444 ] }, { "date": "2024-10-18", "close": 18.0, "volume": 6393, "typical_volume": 4130.0, "trend": 98.230907, "fair_value": 729.828154, "relative_strength": -92.678563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.670543, "energy": 82.421349, "activity_lines": [ 25.233333, 41.3, 65.769831, 81.09131 ] }, { "date": "2024-10-25", "close": 23.0, "volume": 2007, "typical_volume": 4180.85, "trend": 93.755893, "fair_value": 715.839614, "relative_strength": -90.071376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.796532, "energy": 80.660445, "activity_lines": [ 21.666667, 35.9, 59.689585, 76.237703 ] }, { "date": "2024-11-01", "close": 27.5, "volume": 7345, "typical_volume": 4508.35, "trend": 90.20987, "fair_value": 703.339614, "relative_strength": -87.227763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.144145, "energy": 77.548732, "activity_lines": [ 23.133333, 32.272727, 54.456516, 71.963129 ] }, { "date": "2024-11-08", "close": 24.5, "volume": 1874, "typical_volume": 4535.5, "trend": 87.224007, "fair_value": 692.280077, "relative_strength": -87.861149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.698315, "energy": 68.623632, "activity_lines": [ 23.866667, 28.909091, 49.221739, 67.723783 ] }, { "date": "2024-11-15", "close": 26.0, "volume": 3997, "typical_volume": 4353.6, "trend": 84.895494, "fair_value": 680.999677, "relative_strength": -86.158657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.929535, "energy": 50.971854, "activity_lines": [ 24.966667, 26.827273, 44.729899, 63.773847 ] }, { "date": "2024-11-22", "close": 25.5, "volume": 1657, "typical_volume": 4389.7, "trend": 82.180623, "fair_value": 668.256378, "relative_strength": -85.733885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.517579, "energy": 47.917938, "activity_lines": [ 25.533333, 25.345455, 40.987083, 59.941879 ] }, { "date": "2024-11-29", "close": 24.5, "volume": 21669, "typical_volume": 5448.45, "trend": 79.036321, "fair_value": 656.505407, "relative_strength": -85.312497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.525338, "energy": 65.094578, "activity_lines": [ 25.266667, 24.436364, 37.804706, 56.220549 ] }, { "date": "2024-12-06", "close": 26.5, "volume": 2606, "typical_volume": 5570.65, "trend": 75.958687, "fair_value": 646.226949, "relative_strength": -83.662541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.63233, "energy": 61.786404, "activity_lines": [ 25.566667, 24.827273, 35.265762, 52.831109 ] }, { "date": "2024-12-13", "close": 28.0, "volume": 599, "typical_volume": 5518.2, "trend": 73.960904, "fair_value": 636.188584, "relative_strength": -80.730778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.26167, "energy": 53.504995, "activity_lines": [ 26.433333, 25.581818, 33.290476, 49.737 ] }, { "date": "2024-12-20", "close": 27.0, "volume": 2273, "typical_volume": 5591.5, "trend": 69.157111, "fair_value": 624.607291, "relative_strength": -78.987865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.277007, "energy": 43.600455, "activity_lines": [ 26.733333, 26.054545, 31.516667, 46.707264 ] }, { "date": "2024-12-27", "close": 27.0, "volume": 139, "typical_volume": 5589.75, "trend": 66.545053, "fair_value": 611.489478, "relative_strength": -77.562059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.231241, "energy": 47.852965, "activity_lines": [ 26.966667, 26.409091, 30.090476, 43.98745 ] }, { "date": "2025-01-03", "close": 29.0, "volume": 2021, "typical_volume": 5653.2, "trend": 63.814817, "fair_value": 598.384485, "relative_strength": -73.815895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.248424, "energy": 39.441229, "activity_lines": [ 27.766667, 26.963636, 29.107143, 41.565189 ] }, { "date": "2025-01-10", "close": 24.5, "volume": 3652, "typical_volume": 5761.9, "trend": 61.726774, "fair_value": 587.248121, "relative_strength": -76.353307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.864658, "energy": 39.334619, "activity_lines": [ 26.766667, 26.590909, 27.916667, 39.028749 ] }, { "date": "2025-01-17", "close": 9.0, "volume": 6295, "typical_volume": 5973.95, "trend": 57.009548, "fair_value": 575.935573, "relative_strength": -90.859746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.281444, "energy": 55.294708, "activity_lines": [ 20.733333, 23.454545, 25.47619, 35.627022 ] }, { "date": "2025-01-24", "close": 12.0, "volume": 6985, "typical_volume": 6312.6, "trend": 50.966374, "fair_value": 563.797169, "relative_strength": -86.919732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.19431, "energy": 55.194089, "activity_lines": [ 16.966667, 21.145455, 23.659524, 32.72318 ] }, { "date": "2025-01-31", "close": 19.5, "volume": 5768, "typical_volume": 6598.65, "trend": 46.176645, "fair_value": 552.090973, "relative_strength": -78.013447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.963601, "energy": 49.69623, "activity_lines": [ 16.7, 20.454545, 22.804762, 30.693091 ] }, { "date": "2025-02-07", "close": 19.5, "volume": 5347, "typical_volume": 6857.0, "trend": 42.839271, "fair_value": 541.537166, "relative_strength": -76.963948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.047273, "energy": 47.550614, "activity_lines": [ 16.933333, 19.872727, 22.17619, 28.972018 ] }, { "date": "2025-02-14", "close": 16.0, "volume": 724, "typical_volume": 6089.7, "trend": 39.543669, "fair_value": 532.651093, "relative_strength": -80.798652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.332119, "energy": 42.242124, "activity_lines": [ 16.633333, 18.745455, 21.483333, 27.240452 ] }, { "date": "2025-02-21", "close": 21.0, "volume": 3659, "typical_volume": 4646.95, "trend": 37.233333, "fair_value": 525.871373, "relative_strength": -73.828298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.593032, "energy": 30.262138, "activity_lines": [ 18.566667, 18.718182, 21.340476, 26.044086 ] }, { "date": "2025-02-28", "close": 15.0, "volume": 1702, "typical_volume": 4335.6, "trend": 34.4, "fair_value": 518.438584, "relative_strength": -80.64649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.772175, "energy": 33.608843, "activity_lines": [ 17.7, 17.727273, 20.633333, 24.609677 ] }, { "date": "2025-03-07", "close": 19.5, "volume": 1257, "typical_volume": 4078.8, "trend": 32.383333, "fair_value": 511.303531, "relative_strength": -73.98267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.530606, "energy": 25.314043, "activity_lines": [ 18.133333, 17.772727, 20.380952, 23.648387 ] }, { "date": "2025-03-14", "close": 18.5, "volume": 3605, "typical_volume": 4158.7, "trend": 30.483333, "fair_value": 503.432222, "relative_strength": -74.056967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.301227, "energy": 21.381725, "activity_lines": [ 18.233333, 17.772727, 20.02619, 22.752688 ] }, { "date": "2025-03-21", "close": 13.0, "volume": 7393, "typical_volume": 4161.1, "trend": 28.516667, "fair_value": 496.063438, "relative_strength": -80.746141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.195679, "energy": 32.423114, "activity_lines": [ 16.566667, 16.963636, 19.169048, 21.624731 ] }, { "date": "2025-03-28", "close": 10.5, "volume": 4618, "typical_volume": 4298.3, "trend": 26.2, "fair_value": 486.719567, "relative_strength": -83.184235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.034272, "energy": 35.166744, "activity_lines": [ 14.266667, 15.909091, 18.142857, 20.462366 ] }, { "date": "2025-04-04", "close": 12.5, "volume": 12050, "typical_volume": 4700.95, "trend": 24.483333, "fair_value": 477.964711, "relative_strength": -76.876725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.064854, "energy": 39.041351, "activity_lines": [ 13.333333, 15.190909, 17.37381, 19.578495 ] }, { "date": "2025-04-11", "close": 12.8, "volume": 8875, "typical_volume": 5061.85, "trend": 22.676667, "fair_value": 469.403843, "relative_strength": -75.424016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.027709, "energy": 43.135493, "activity_lines": [ 12.666667, 14.518182, 16.697619, 18.824731 ] }, { "date": "2025-04-18", "close": 12.0, "volume": 3219, "typical_volume": 4139.35, "trend": 20.543333, "fair_value": 461.375628, "relative_strength": -77.082577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.511409, "energy": 46.51475, "activity_lines": [ 12.18, 13.821818, 16.005714, 18.135914 ] }, { "date": "2025-04-25", "close": 14.6, "volume": 12148, "typical_volume": 4616.45, "trend": 19.98, "fair_value": 453.901861, "relative_strength": -72.072414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.880278, "energy": 31.157668, "activity_lines": [ 12.993333, 13.734545, 15.620952, 17.752473 ] }, { "date": "2025-05-02", "close": 11.2, "volume": 3046, "typical_volume": 4738.8, "trend": 19.603333, "fair_value": 447.712341, "relative_strength": -78.058242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.988349, "energy": 33.381423, "activity_lines": [ 12.566667, 13.054545, 14.969048, 17.186022 ] }, { "date": "2025-05-09", "close": 12.8, "volume": 1518, "typical_volume": 4701.05, "trend": 19.346667, "fair_value": 441.95562, "relative_strength": -73.813147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.814019, "energy": 28.801643, "activity_lines": [ 12.626667, 12.843636, 14.549524, 16.747097 ] }, { "date": "2025-05-16", "close": 13.0, "volume": 19257, "typical_volume": 5656.95, "trend": 19.18, "fair_value": 436.084942, "relative_strength": -73.670235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.743837, "energy": 21.965635, "activity_lines": [ 12.733333, 12.709091, 14.216667, 16.337634 ] }, { "date": "2025-05-23", "close": 10.2, "volume": 1151, "typical_volume": 5613.45, "trend": 18.753333, "fair_value": 429.466469, "relative_strength": -77.438424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.000923, "energy": 31.774545, "activity_lines": [ 11.893333, 12.183636, 13.68381, 15.75828 ] }, { "date": "2025-05-30", "close": 12.6, "volume": 1173, "typical_volume": 5489.5, "trend": 18.256667, "fair_value": 423.900531, "relative_strength": -71.239631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.225421, "energy": 26.482916, "activity_lines": [ 11.973333, 12.245455, 13.469048, 15.36129 ] }, { "date": "2025-06-06", "close": 10.2, "volume": 2191, "typical_volume": 5284.3, "trend": 17.78, "fair_value": 418.645719, "relative_strength": -75.945463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.080143, "energy": 30.46778, "activity_lines": [ 11.386667, 11.878182, 13.082381, 14.841505 ] }, { "date": "2025-06-13", "close": 13.0, "volume": 2871, "typical_volume": 5078.6, "trend": 17.346667, "fair_value": 412.967106, "relative_strength": -67.502936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.960188, "energy": 26.580262, "activity_lines": [ 11.8, 12.025455, 12.956667, 14.533118 ] }, { "date": "2025-06-20", "close": 12.6, "volume": 822, "typical_volume": 4831.3, "trend": 16.916667, "fair_value": 408.015775, "relative_strength": -66.211653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.87206, "energy": 22.532352, "activity_lines": [ 12.066667, 12.090909, 12.788095, 14.226882 ] }, { "date": "2025-06-27", "close": 27.4, "volume": 510485, "typical_volume": 30088.2, "trend": 17.013333, "fair_value": 403.024871, "relative_strength": -21.918974, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.236013, "energy": 17.165134, "activity_lines": [ 17.293333, 14.850909, 14.061905, 14.903226 ] }, { "date": "2025-07-04", "close": 39.0, "volume": 490235, "typical_volume": 54563.75, "trend": 17.43, "fair_value": 398.185151, "relative_strength": 18.734058, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.44801, "energy": 31.088701, "activity_lines": [ 25.24, 19.44, 16.402857, 16.32172 ] }, { "date": "2025-07-11", "close": 43.400002, "volume": 396918, "typical_volume": 74226.7, "trend": 17.943333, "fair_value": 393.565702, "relative_strength": 36.132613, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.847902, "energy": 59.223903, "activity_lines": [ 32.893334, 24.385455, 19.053334, 17.997204 ] }, { "date": "2025-07-18", "close": 31.799999, "volume": 381942, "typical_volume": 93238.7, "trend": 18.103333, "fair_value": 388.795068, "relative_strength": 4.86588, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.125729, "energy": 52.344991, "activity_lines": [ 34.466667, 26.636364, 20.492381, 18.891183 ] }, { "date": "2025-07-25", "close": 20.0, "volume": 181872, "typical_volume": 102269.45, "trend": 17.87, "fair_value": 383.929586, "relative_strength": -32.577484, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.057762, "energy": 43.063764, "activity_lines": [ 30.853333, 26.396364, 20.727619, 19.013548 ] }, { "date": "2025-08-01", "close": 20.200001, "volume": 217563, "typical_volume": 112967.35, "trend": 17.576667, "fair_value": 379.526342, "relative_strength": -25.869884, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.424044, "energy": 24.813545, "activity_lines": [ 26.813334, 26.065455, 20.979524, 19.163871 ] }, { "date": "2025-08-08", "close": 25.799999, "volume": 351256, "typical_volume": 130160.5, "trend": 17.62, "fair_value": 375.255028, "relative_strength": -3.95723, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.344798, "energy": 14.649477, "activity_lines": [ 25.12, 26.570909, 21.756667, 19.694409 ] }, { "date": "2025-08-15", "close": 25.799999, "volume": 46742, "typical_volume": 132266.7, "trend": 18.18, "fair_value": 372.247501, "relative_strength": -1.657554, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.512143, "energy": 15.318269, "activity_lines": [ 24.306666, 26.836364, 22.472857, 20.222151 ] }, { "date": "2025-08-22", "close": 26.6, "volume": 48377, "typical_volume": 134083.05, "trend": 18.666667, "fair_value": 369.237419, "relative_strength": 3.201845, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.811219, "energy": 13.102805, "activity_lines": [ 24.933333, 26.963636, 23.192381, 20.765376 ] }, { "date": "2025-08-29", "close": 17.0, "volume": 147632, "typical_volume": 141020.9, "trend": 18.583333, "fair_value": 366.288721, "relative_strength": -28.975927, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.360626, "energy": 10.290125, "activity_lines": [ 22.706666, 25.098182, 22.930476, 20.657849 ] }, { "date": "2025-09-05", "close": 17.6, "volume": 88146, "typical_volume": 145267.25, "trend": 18.52, "fair_value": 362.176114, "relative_strength": -23.410461, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.844645, "energy": 10.016283, "activity_lines": [ 20.88, 23.261818, 22.705714, 20.594409 ] }, { "date": "2025-09-12", "close": 15.2, "volume": 53468, "typical_volume": 147333.25, "trend": 18.493333, "fair_value": 357.89447, "relative_strength": -30.919208, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.016645, "energy": 8.455066, "activity_lines": [ 18.426667, 21.167273, 22.225714, 20.380215 ] }, { "date": "2025-09-19", "close": 14.6, "volume": 20858, "typical_volume": 148223.85, "trend": 18.28, "fair_value": 354.484797, "relative_strength": -30.065808, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.057762, "energy": 11.66029, "activity_lines": [ 16.48, 19.396364, 21.685714, 20.129032 ] }, { "date": "2025-09-26", "close": 14.0, "volume": 41511, "typical_volume": 150223.5, "trend": 18.246667, "fair_value": 349.119898, "relative_strength": -31.790513, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.756532, "energy": 19.839235, "activity_lines": [ 15.08, 18.04, 21.072381, 19.852903 ] }, { "date": "2025-10-03", "close": 13.2, "volume": 42784, "typical_volume": 151399.85, "trend": 18.036667, "fair_value": 345.190357, "relative_strength": -37.082936, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.233175, "energy": 33.71097, "activity_lines": [ 14.253333, 16.861818, 20.377143, 19.527312 ] }, { "date": "2025-10-10", "close": 14.6, "volume": 36921, "typical_volume": 153188.35, "trend": 17.906667, "fair_value": 341.269791, "relative_strength": -29.411962, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.230208, "energy": 34.415117, "activity_lines": [ 14.146667, 16.061818, 19.814286, 19.305591 ] }, { "date": "2025-10-17", "close": 12.8, "volume": 133823, "typical_volume": 159820.85, "trend": 17.9, "fair_value": 337.299273, "relative_strength": -37.629433, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.016978, "energy": 44.056827, "activity_lines": [ 13.64, 15.036364, 19.059048, 18.976129 ] }, { "date": "2025-10-24", "close": 11.4, "volume": 23426, "typical_volume": 160882.6, "trend": 17.93, "fair_value": 333.511846, "relative_strength": -45.495449, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.47663, "energy": 52.123574, "activity_lines": [ 12.826667, 13.992727, 18.169524, 18.556774 ] }, { "date": "2025-10-31", "close": 11.6, "volume": 11457, "typical_volume": 161311.9, "trend": 17.9, "fair_value": 329.921607, "relative_strength": -43.186741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -36.426327, "energy": 52.169983, "activity_lines": [ 12.293333, 13.247273, 17.293333, 18.148387 ] }, { "date": "2025-11-07", "close": 11.4, "volume": 23103, "typical_volume": 162425.95, "trend": 17.853333, "fair_value": 326.499104, "relative_strength": -42.665029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.282783, "energy": 69.466376, "activity_lines": [ 11.853333, 12.738182, 16.404762, 17.729032 ] }, { "date": "2025-11-14", "close": 13.6, "volume": 118310, "typical_volume": 142817.2, "trend": 17.906667, "fair_value": 322.648953, "relative_strength": -31.209366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.630094, "energy": 59.35051, "activity_lines": [ 12.266667, 12.730909, 15.731429, 17.454624 ] }, { "date": "2025-11-21", "close": 9.8, "volume": 87164, "typical_volume": 122663.65, "trend": 17.746667, "fair_value": 317.026653, "relative_strength": -48.469416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.694995, "energy": 62.846687, "activity_lines": [ 11.48, 12.105455, 14.761905, 16.931613 ] }, { "date": "2025-11-28", "close": 8.8, "volume": 36328, "typical_volume": 104634.15, "trend": 17.666667, "fair_value": 309.477294, "relative_strength": -54.374638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.065791, "energy": 74.79532, "activity_lines": [ 10.56, 11.396364, 13.83619, 16.354409 ] }, { "date": "2025-12-05", "close": 8.6, "volume": 18603, "typical_volume": 86467.2, "trend": 17.526667, "fair_value": 299.782348, "relative_strength": -55.139833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.303286, "energy": 74.364802, "activity_lines": [ 9.746667, 10.756364, 13.05619, 15.769462 ] }, { "date": "2025-12-12", "close": 7.6, "volume": 9527, "typical_volume": 77849.95, "trend": 17.346667, "fair_value": 293.026327, "relative_strength": -59.324739, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.560202, "energy": 82.83454, "activity_lines": [ 8.8, 10.032727, 12.291429, 15.129032 ] }, { "date": "2025-12-19", "close": 6.8, "volume": 91047, "typical_volume": 71524.15, "trend": 17.233333, "fair_value": 286.925338, "relative_strength": -62.949603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.345715, "energy": 82.511884, "activity_lines": [ 7.84, 9.265455, 11.509524, 14.448602 ] }, { "date": "2025-12-26", "close": 6.8, "volume": 9177, "typical_volume": 54420.2, "trend": 17.04, "fair_value": 280.468878, "relative_strength": -62.097138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.018655, "energy": 76.388247, "activity_lines": [ 7.333333, 8.64, 10.791429, 13.775484 ] }, { "date": "2026-01-02", "close": 6.0, "volume": 23871, "typical_volume": 53276.65, "trend": 16.9, "fair_value": 273.017048, "relative_strength": -65.944519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.786974, "energy": 72.019707, "activity_lines": [ 6.76, 7.978182, 10.087619, 13.063226 ] }, { "date": "2026-01-09", "close": 6.4, "volume": 14466, "typical_volume": 51581.1, "trend": 16.68, "fair_value": 265.948645, "relative_strength": -63.958399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.592913, "energy": 62.145858, "activity_lines": [ 6.506667, 7.487273, 9.51619, 12.385806 ] }, { "date": "2026-01-16", "close": 5.8, "volume": 21174, "typical_volume": 45258.2, "trend": 16.453333, "fair_value": 258.825613, "relative_strength": -67.87205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.064385, "energy": 71.418075, "activity_lines": [ 6.2, 6.981818, 8.98381, 11.683871 ] }, { "date": "2026-01-23", "close": 6.0, "volume": 13887, "typical_volume": 41545.25, "trend": 15.74, "fair_value": 252.059336, "relative_strength": -66.209494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.545829, "energy": 61.82475, "activity_lines": [ 6.08, 6.614545, 8.52381, 11.009462 ] }, { "date": "2026-01-30", "close": 6.0, "volume": 14715, "typical_volume": 39607.6, "trend": 14.64, "fair_value": 246.029392, "relative_strength": -65.759486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.772737, "energy": 57.246511, "activity_lines": [ 6.013333, 6.385455, 8.119048, 10.381075 ] }, { "date": "2026-02-06", "close": 5.8, "volume": 145282, "typical_volume": 45828.8, "trend": 13.386667, "fair_value": 239.693476, "relative_strength": -67.296114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.584302, "energy": 53.110815, "activity_lines": [ 5.933333, 6.189091, 7.739048, 9.810753 ] }, { "date": "2026-02-13", "close": 6.6, "volume": 79960, "typical_volume": 47751.25, "trend": 12.546667, "fair_value": 233.362688, "relative_strength": -62.295609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.874822, "energy": 49.396048, "activity_lines": [ 6.133333, 6.192727, 7.477143, 9.372903 ] }, { "date": "2026-02-20", "close": 6.0, "volume": 30005, "typical_volume": 47112.3, "trend": 12.08, "fair_value": 227.028054, "relative_strength": -65.692885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.588133, "energy": 48.019132, "activity_lines": [ 6.12, 6.123636, 7.193333, 8.950538 ] }, { "date": "2026-02-27", "close": 7.0, "volume": 83526, "typical_volume": 49442.55, "trend": 11.64, "fair_value": 220.852176, "relative_strength": -60.03439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.242913, "energy": 36.264018, "activity_lines": [ 6.426667, 6.265455, 7.039048, 8.622796 ] }, { "date": "2026-03-06", "close": 8.2, "volume": 61518, "typical_volume": 45827.3, "trend": 11.053333, "fair_value": 214.226955, "relative_strength": -49.551357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.108241, "energy": 23.530281, "activity_lines": [ 7.066667, 6.621818, 7.035238, 8.40086 ] }, { "date": "2026-03-13", "close": 7.8, "volume": 56729, "typical_volume": 47492.45, "trend": 10.453333, "fair_value": 207.726123, "relative_strength": -50.936292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.969862, "energy": 18.491897, "activity_lines": [ 7.426667, 6.88, 7.015238, 8.190968 ] }, { "date": "2026-03-20", "close": 7.6, "volume": 15743, "typical_volume": 47706.75, "trend": 9.82, "fair_value": 201.376355, "relative_strength": -49.19887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.563882, "energy": 16.292809, "activity_lines": [ 7.586667, 7.069091, 6.993333, 8.006882 ] }, { "date": "2026-03-27", "close": 7.6, "volume": 87939, "typical_volume": 50948.55, "trend": 9.506667, "fair_value": 195.382058, "relative_strength": -48.907546, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.472263, "energy": 15.03894, "activity_lines": [ 7.68, 7.236364, 6.990476, 7.863656 ] }, { "date": "2026-04-03", "close": 8.0, "volume": 17782, "typical_volume": 45922.15, "trend": 9.186667, "fair_value": 189.517279, "relative_strength": -47.526322, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.433651, "energy": 10.693842, "activity_lines": [ 7.8, 7.443636, 7.04381, 7.766452 ] }, { "date": "2026-04-10", "close": 9.2, "volume": 119472, "typical_volume": 47537.55, "trend": 8.986667, "fair_value": 184.320354, "relative_strength": -41.874782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.346916, "energy": 10.699784, "activity_lines": [ 8.253333, 7.832727, 7.238095, 7.767312 ] }, { "date": "2026-04-17", "close": 28.799999, "volume": 980905, "typical_volume": 94766.4, "trend": 9.46, "fair_value": 178.665081, "relative_strength": 75.207885, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 65.130449, "energy": 76.707889, "activity_lines": [ 15.173333, 11.727273, 9.301905, 9.045591 ] }, { "date": "2026-04-24", "close": 25.4, "volume": 2419323, "typical_volume": 214802.4, "trend": 9.84, "fair_value": 173.673566, "relative_strength": 57.288678, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 80.721772, "energy": 79.924108, "activity_lines": [ 19.56, 14.585454, 10.946667, 10.073978 ] }, { "date": "2026-05-01", "close": 26.0, "volume": 672704, "typical_volume": 247961.25, "trend": 10.266667, "fair_value": 168.279643, "relative_strength": 60.795594, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.191117, "energy": 80.261135, "activity_lines": [ 22.96, 17.210909, 12.568571, 11.116559 ] }, { "date": "2026-05-08", "close": 24.1, "volume": 395668, "typical_volume": 263192.3, "trend": 10.583333, "fair_value": 163.025886, "relative_strength": 47.006328, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.5352, "energy": 77.590867, "activity_lines": [ 24.5, 19.127273, 13.921905, 12.009032 ] }, { "date": "2026-05-15", "close": 17.0, "volume": 398372, "typical_volume": 282652.05, "trend": 10.723333, "fair_value": 159.07233, "relative_strength": 4.784906, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.186786, "energy": 47.165818, "activity_lines": [ 22.6, 19.441818, 14.516667, 12.423011 ] }, { "date": "2026-05-22", "close": 18.200001, "volume": 306039, "typical_volume": 296760.45, "trend": 10.95, "fair_value": 155.481937, "relative_strength": 7.622903, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.39129, "energy": 36.173229, "activity_lines": [ 20.58, 19.814546, 15.177143, 12.905376 ] }, { "date": "2026-05-29", "close": 14.0, "volume": 79723, "typical_volume": 300023.3, "trend": 11.03, "fair_value": 152.220093, "relative_strength": -16.826475, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.57117, "energy": 20.067287, "activity_lines": [ 17.866667, 19.234546, 15.379524, 13.102151 ] }, { "date": "2026-06-05", "close": 13.0, "volume": 90858, "typical_volume": 303507.5, "trend": 11.083333, "fair_value": 149.226059, "relative_strength": -22.265097, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.573537, "energy": 19.96408, "activity_lines": [ 15.58, 18.356364, 15.450476, 13.229247 ] }, { "date": "2026-06-12", "close": 11.5, "volume": 142962, "typical_volume": 309961.25, "trend": 11.013333, "fair_value": 146.131003, "relative_strength": -30.777114, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.69048, "energy": 16.950401, "activity_lines": [ 13.66, 17.107273, 15.344286, 13.256129 ] }, { "date": "2026-06-19", "close": 9.9, "volume": 132064, "typical_volume": 315828.7, "trend": 11.016667, "fair_value": 142.619437, "relative_strength": -41.196877, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.078655, "energy": 16.485531, "activity_lines": [ 12.046667, 15.503636, 15.059524, 13.184301 ] }, { "date": "2026-06-26", "close": 13.7, "volume": 613804, "typical_volume": 339254.8, "trend": 11.18, "fair_value": 139.183012, "relative_strength": -15.968332, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.219599, "energy": 12.596789, "activity_lines": [ 12.173333, 14.578182, 15.118095, 13.357419 ] }, { "date": "2026-07-03", "close": 14.3, "volume": 130121, "typical_volume": 341762.85, "trend": 11.37, "fair_value": 134.704332, "relative_strength": -11.138197, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.203503, "energy": 10.15033, "activity_lines": [ 12.8, 14.036364, 15.196191, 13.55871 ] }, { "date": "2026-07-10", "close": 10.8, "volume": 111748, "typical_volume": 345850.0, "trend": 11.476667, "fair_value": 130.802438, "relative_strength": -27.588604, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.280605, "energy": 7.702859, "activity_lines": [ 12.24, 13.06, 14.904286, 13.521935 ] }, { "date": "2026-07-17", "close": 10.4, "volume": 52136, "typical_volume": 344280.5, "trend": 11.596667, "fair_value": 126.552666, "relative_strength": -26.834548, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.089517, "energy": 7.174284, "activity_lines": [ 11.693333, 12.287273, 14.551429, 13.452473 ] }, { "date": "2026-07-24", "close": 10.3, "volume": 24312, "typical_volume": 342420.2, "trend": 11.713333, "fair_value": 122.911632, "relative_strength": -27.353349, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.283767, "energy": 23.388378, "activity_lines": [ 11.186667, 11.745455, 14.172857, 13.368817 ] }, { "date": "2026-07-31", "close": 10.2, "volume": 50204, "typical_volume": 342093.95, "trend": 11.853333, "fair_value": 118.203543, "relative_strength": -27.588366, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.017825, "energy": 33.698196, "activity_lines": [ 10.62, 11.307273, 13.774762, 13.271183 ] }, { "date": "2026-08-07", "close": 10.3, "volume": 31428, "typical_volume": 342878.2, "trend": 11.983333, "fair_value": 113.963286, "relative_strength": -26.094195, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.452601, "energy": 35.170201, "activity_lines": [ 10.32, 11.032727, 13.374762, 13.170968 ] } ], "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." } } }