{ "ticker": { "uuid": "b76b24bc-718c-46b4-808b-7679357d6e6a", "symbol": "PANL", "name": "Pangaea Logistic", "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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 62.24, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -24.027, "architecture_energy": 16.652, "architecture_maturity": 20.417, "architecture_confidence": 72.462, "architecture_tenure": "New", "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": 59.3, "rotation_up": 35.0, "upward_expansion": 25.46, "deceleration": 39.82, "rotation_down": 23.63, "downward_expansion": 48.13 }, "activity_lines": [ 7.435333, 7.270364, 7.361785, 7.444319 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 7.42, "trend_reference": 7.599879, "distance_from_trend": -0.023669, "trend_direction": "Improving", "fair_value": 6.119904, "distance_from_fair_value": 0.212437, "fair_value_direction": "Weakening", "relative_strength": -4.638617, "relative_strength_direction": "Weakening", "price_momentum": -0.137945, "excess_performance": -0.325399, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.023669, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.024998, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.212437, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.09171, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.046386, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.10817, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.137945, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.585761, "read": "Supply-led" } ], "volume": { "latest": 1725637, "relative_activity": 0.686166, "balance": 0.585761, "dry_up": 0.666978, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.098526, "annualized_volatility": 0.490215, "from_high_reference": -0.204635, "from_low_reference": 0.665567 }, "levels": { "trend_reference": 7.599879, "fair_value_reference": 6.119904, "structural_low": 6.435, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.026585, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.020215, "regime_survival": 0.4, "best_return": 0.407867, "worst_return": -0.086301, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.208587, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.137466, "regime_survival": 0.166667, "best_return": 0.701406, "worst_return": -0.13886, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.196222, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.099759, "regime_survival": 0.0, "best_return": 0.443044, "worst_return": -0.230917, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.260823, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.141837, "regime_survival": 0.333333, "best_return": 0.552836, "worst_return": 0.170862, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-09", "end": "2025-06-13", "tenure": "Extended", "return": -0.231408, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.051125, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.12069, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": 0.08554, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": -0.100935, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": 0.024845, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": 0.113402, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2026-01-09", "tenure": "Developing", "return": 0.010044, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": 0.265672, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-20", "tenure": "Developing", "return": -0.216267, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-29", "tenure": "Developing", "return": 0.118168, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-07-03", "tenure": "Developing", "return": -0.084605, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": 0.094964, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.150446, "volume": 1050269, "typical_volume": 1152541.05, "trend": 5.342068, "fair_value": 3.764024, "relative_strength": -7.56241, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.81242, "energy": 11.88417, "activity_lines": [ 5.502436, 5.660236, 5.574529, 5.465899 ] }, { "date": "2023-08-25", "close": 4.835552, "volume": 847989, "typical_volume": 1148988.4, "trend": 5.341749, "fair_value": 3.782596, "relative_strength": -14.571517, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -32.058825, "energy": 32.611572, "activity_lines": [ 5.230679, 5.496319, 5.516703, 5.433221 ] }, { "date": "2023-09-01", "close": 5.048602, "volume": 865170, "typical_volume": 1157070.8, "trend": 5.342405, "fair_value": 3.803811, "relative_strength": -13.981018, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -22.927971, "energy": 36.396817, "activity_lines": [ 5.095217, 5.388628, 5.47839, 5.414308 ] }, { "date": "2023-09-08", "close": 4.706175, "volume": 854086, "typical_volume": 1165934.8, "trend": 5.328027, "fair_value": 3.82347, "relative_strength": -18.656079, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.563752, "energy": 58.329892, "activity_lines": [ 4.914519, 5.230568, 5.408418, 5.373261 ] }, { "date": "2023-09-15", "close": 4.890559, "volume": 681115, "typical_volume": 1165540.3, "trend": 5.319795, "fair_value": 3.841265, "relative_strength": -15.04273, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.332753, "energy": 57.679646, "activity_lines": [ 4.88299, 5.126658, 5.35855, 5.345037 ] }, { "date": "2023-09-22", "close": 4.9608, "volume": 602987, "typical_volume": 1157716.5, "trend": 5.304437, "fair_value": 3.861524, "relative_strength": -10.872098, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.988785, "energy": 53.520185, "activity_lines": [ 4.894501, 5.0575, 5.317159, 5.321876 ] }, { "date": "2023-09-29", "close": 5.162744, "volume": 1089087, "typical_volume": 1183149.3, "trend": 5.28461, "fair_value": 3.881752, "relative_strength": -7.354174, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.944853, "energy": 31.253017, "activity_lines": [ 4.98597, 5.038075, 5.295645, 5.312735 ] }, { "date": "2023-10-06", "close": 5.294447, "volume": 773990, "typical_volume": 1187359.7, "trend": 5.276521, "fair_value": 3.900074, "relative_strength": -6.674831, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.379601, "energy": 14.233533, "activity_lines": [ 5.099527, 5.054451, 5.286801, 5.313369 ] }, { "date": "2023-10-13", "close": 5.320787, "volume": 510905, "typical_volume": 1176245.1, "trend": 5.297576, "fair_value": 3.918614, "relative_strength": -6.324197, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.767168, "energy": 10.834185, "activity_lines": [ 5.205474, 5.089938, 5.279763, 5.316225 ] }, { "date": "2023-10-20", "close": 5.232985, "volume": 435922, "typical_volume": 1162464.2, "trend": 5.309485, "fair_value": 3.936542, "relative_strength": -5.079993, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.347663, "energy": 12.025975, "activity_lines": [ 5.24118, 5.122207, 5.262648, 5.312058 ] }, { "date": "2023-10-27", "close": 5.171524, "volume": 426811, "typical_volume": 1141212.45, "trend": 5.315954, "fair_value": 3.956581, "relative_strength": -3.756773, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.99139, "energy": 20.056089, "activity_lines": [ 5.233571, 5.142427, 5.239944, 5.303157 ] }, { "date": "2023-11-03", "close": 5.347128, "volume": 414264, "typical_volume": 1089429.7, "trend": 5.338452, "fair_value": 3.977794, "relative_strength": -6.46261, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.753162, "energy": 15.533815, "activity_lines": [ 5.270447, 5.194193, 5.234932, 5.305168 ] }, { "date": "2023-11-10", "close": 5.619313, "volume": 511515, "typical_volume": 815913.6, "trend": 5.350802, "fair_value": 4.000261, "relative_strength": -4.514182, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.392141, "energy": 21.952649, "activity_lines": [ 5.38576, 5.286145, 5.257986, 5.323289 ] }, { "date": "2023-11-17", "close": 6.137344, "volume": 1003341, "typical_volume": 779069.25, "trend": 5.380703, "fair_value": 4.026442, "relative_strength": 1.981174, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.75662, "energy": 55.034777, "activity_lines": [ 5.652093, 5.461909, 5.330774, 5.374033 ] }, { "date": "2023-11-24", "close": 6.497331, "volume": 850069, "typical_volume": 771919.9, "trend": 5.421755, "fair_value": 4.054488, "relative_strength": 6.720453, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 80.601942, "energy": 84.114316, "activity_lines": [ 5.983983, 5.677103, 5.436433, 5.446074 ] }, { "date": "2023-12-01", "close": 6.287359, "volume": 1049342, "typical_volume": 792124.4, "trend": 5.461461, "fair_value": 4.082269, "relative_strength": 2.961627, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.500222, "energy": 86.242309, "activity_lines": [ 6.161594, 5.824906, 5.5202, 5.501919 ] }, { "date": "2023-12-08", "close": 6.22502, "volume": 829153, "typical_volume": 797352.6, "trend": 5.49598, "fair_value": 4.109011, "relative_strength": 1.204366, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.43766, "energy": 84.731731, "activity_lines": [ 6.244035, 5.937256, 5.595122, 5.551181 ] }, { "date": "2023-12-15", "close": 7.017619, "volume": 2219576, "typical_volume": 871328.6, "trend": 5.558333, "fair_value": 4.140196, "relative_strength": 10.120183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.261248, "energy": 94.539181, "activity_lines": [ 6.532151, 6.174401, 5.743576, 5.649351 ] }, { "date": "2023-12-22", "close": 7.204637, "volume": 1859043, "typical_volume": 928120.9, "trend": 5.633137, "fair_value": 4.17317, "relative_strength": 11.823261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.368853, "energy": 92.857078, "activity_lines": [ 6.789385, 6.414218, 5.905387, 5.755564 ] }, { "date": "2023-12-29", "close": 7.338221, "volume": 1300634, "typical_volume": 908763.4, "trend": 5.701462, "fair_value": 4.206606, "relative_strength": 13.29212, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.054365, "energy": 92.113014, "activity_lines": [ 7.019994, 6.644072, 6.074287, 5.86557 ] }, { "date": "2024-01-05", "close": 7.258071, "volume": 1311724, "typical_volume": 921836.15, "trend": 5.764239, "fair_value": 4.23894, "relative_strength": 15.496076, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.647061, "energy": 86.729989, "activity_lines": [ 7.167827, 6.821076, 6.2253, 5.965996 ] }, { "date": "2024-01-12", "close": 6.990902, "volume": 2549781, "typical_volume": 1006925.75, "trend": 5.80402, "fair_value": 4.270101, "relative_strength": 7.756685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.703374, "energy": 65.94964, "activity_lines": [ 7.16189, 6.911566, 6.340833, 6.045136 ] }, { "date": "2024-01-19", "close": 7.614295, "volume": 1686351, "typical_volume": 1047984.8, "trend": 5.867743, "fair_value": 4.304914, "relative_strength": 14.079889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.093253, "energy": 67.643052, "activity_lines": [ 7.312692, 7.085514, 6.505473, 6.161928 ] }, { "date": "2024-01-26", "close": 8.237687, "volume": 2087621, "typical_volume": 1109661.55, "trend": 5.947646, "fair_value": 4.344067, "relative_strength": 22.213378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.272373, "energy": 71.831156, "activity_lines": [ 7.631512, 7.336533, 6.717265, 6.314827 ] }, { "date": "2024-02-02", "close": 8.193159, "volume": 1388675, "typical_volume": 1145039.55, "trend": 6.017436, "fair_value": 4.381904, "relative_strength": 19.708909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.563542, "energy": 69.687956, "activity_lines": [ 7.86662, 7.541269, 6.908001, 6.459699 ] }, { "date": "2024-02-09", "close": 7.605389, "volume": 1805018, "typical_volume": 1205141.1, "trend": 6.081726, "fair_value": 4.414843, "relative_strength": 9.058345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.15501, "energy": 63.076276, "activity_lines": [ 7.848809, 7.608304, 7.027031, 6.562148 ] }, { "date": "2024-02-16", "close": 7.427277, "volume": 1096153, "typical_volume": 1205494.4, "trend": 6.135477, "fair_value": 4.447132, "relative_strength": 8.097634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.764539, "energy": 58.551633, "activity_lines": [ 7.748472, 7.61899, 7.116505, 6.648957 ] }, { "date": "2024-02-23", "close": 7.649917, "volume": 757816, "typical_volume": 1204685.7, "trend": 6.187735, "fair_value": 4.481314, "relative_strength": 9.912658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.950579, "energy": 50.408969, "activity_lines": [ 7.693258, 7.648298, 7.2164, 6.746663 ] }, { "date": "2024-03-01", "close": 7.651086, "volume": 896146, "typical_volume": 1223947.75, "trend": 6.242044, "fair_value": 4.515331, "relative_strength": 8.034726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.821123, "energy": 37.213955, "activity_lines": [ 7.636058, 7.666322, 7.305189, 6.841073 ] }, { "date": "2024-03-08", "close": 7.52492, "volume": 769330, "typical_volume": 1240618.15, "trend": 6.320043, "fair_value": 4.5476, "relative_strength": 8.133614, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.150785, "energy": 31.921088, "activity_lines": [ 7.575909, 7.653289, 7.370866, 6.923839 ] }, { "date": "2024-03-15", "close": 6.164126, "volume": 3172779, "typical_volume": 1377916.55, "trend": 6.353833, "fair_value": 4.570453, "relative_strength": -10.243174, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.349889, "energy": 13.135609, "activity_lines": [ 7.106712, 7.389444, 7.296029, 6.91378 ] }, { "date": "2024-03-22", "close": 6.18215, "volume": 2038089, "typical_volume": 1459107.8, "trend": 6.398719, "fair_value": 4.594115, "relative_strength": -12.402011, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.673207, "energy": 24.701856, "activity_lines": [ 6.739607, 7.148767, 7.218183, 6.902704 ] }, { "date": "2024-03-29", "close": 6.281281, "volume": 1881980, "typical_volume": 1527631.05, "trend": 6.439808, "fair_value": 4.618708, "relative_strength": -10.36245, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.455198, "energy": 31.35472, "activity_lines": [ 6.488554, 6.940818, 7.145801, 6.895127 ] }, { "date": "2024-04-05", "close": 6.245233, "volume": 1342972, "typical_volume": 1544612.6, "trend": 6.49111, "fair_value": 4.643713, "relative_strength": -10.093835, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.672861, "energy": 42.175048, "activity_lines": [ 6.316727, 6.750551, 7.066834, 6.882574 ] }, { "date": "2024-04-12", "close": 6.03796, "volume": 807117, "typical_volume": 1542465.0, "trend": 6.529357, "fair_value": 4.667636, "relative_strength": -12.341125, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.754338, "energy": 62.329019, "activity_lines": [ 6.169533, 6.558825, 6.967612, 6.853338 ] }, { "date": "2024-04-19", "close": 6.173138, "volume": 1080984, "typical_volume": 1544047.1, "trend": 6.569768, "fair_value": 4.692228, "relative_strength": -5.067371, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.807994, "energy": 57.145002, "activity_lines": [ 6.166529, 6.430862, 6.883452, 6.830356 ] }, { "date": "2024-04-26", "close": 6.308316, "volume": 773532, "typical_volume": 1541266.05, "trend": 6.607954, "fair_value": 4.713584, "relative_strength": -6.462541, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.131724, "energy": 43.513641, "activity_lines": [ 6.207984, 6.353518, 6.812711, 6.813489 ] }, { "date": "2024-05-03", "close": 6.668791, "volume": 930195, "typical_volume": 1476797.0, "trend": 6.653766, "fair_value": 4.737893, "relative_strength": -2.065648, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.800098, "energy": 27.560052, "activity_lines": [ 6.361186, 6.36206, 6.775903, 6.817413 ] }, { "date": "2024-05-10", "close": 6.80397, "volume": 792116, "typical_volume": 1423450.65, "trend": 6.703205, "fair_value": 4.76297, "relative_strength": -1.485264, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.153611, "energy": 11.742489, "activity_lines": [ 6.533613, 6.413018, 6.753631, 6.827104 ] }, { "date": "2024-05-17", "close": 7.065314, "volume": 908823, "typical_volume": 1403860.1, "trend": 6.764283, "fair_value": 4.789573, "relative_strength": 0.072388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 8.258685, "energy": 16.636703, "activity_lines": [ 6.755906, 6.526895, 6.758157, 6.850466 ] }, { "date": "2024-05-24", "close": 7.065314, "volume": 578454, "typical_volume": 1367196.6, "trend": 6.827409, "fair_value": 4.814669, "relative_strength": -1.413139, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.959573, "energy": 23.044964, "activity_lines": [ 6.909709, 6.649129, 6.763982, 6.869887 ] }, { "date": "2024-05-31", "close": 7.543713, "volume": 788963, "typical_volume": 1279155.7, "trend": 6.900628, "fair_value": 4.842383, "relative_strength": 6.726763, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 41.247244, "energy": 37.005416, "activity_lines": [ 7.1635, 6.841959, 6.816287, 6.916101 ] }, { "date": "2024-06-07", "close": 7.114989, "volume": 869039, "typical_volume": 1238290.1, "trend": 6.950484, "fair_value": 4.866799, "relative_strength": -2.014969, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.587135, "energy": 28.302136, "activity_lines": [ 7.192022, 6.932084, 6.825129, 6.92993 ] }, { "date": "2024-06-14", "close": 6.777483, "volume": 658668, "typical_volume": 1166842.45, "trend": 6.971822, "fair_value": 4.885862, "relative_strength": -9.633872, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.583644, "energy": 24.351628, "activity_lines": [ 7.078297, 6.945686, 6.804204, 6.918769 ] }, { "date": "2024-06-21", "close": 6.896067, "volume": 524906, "typical_volume": 1123654.0, "trend": 6.985113, "fair_value": 4.904712, "relative_strength": -8.07842, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 12.138872, "energy": 17.140698, "activity_lines": [ 7.005865, 6.971171, 6.801527, 6.913881 ] }, { "date": "2024-06-28", "close": 7.142355, "volume": 1235317, "typical_volume": 1095168.95, "trend": 7.013613, "fair_value": 4.926362, "relative_strength": -4.617347, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.711319, "energy": 10.812032, "activity_lines": [ 7.026812, 7.025834, 6.828483, 6.924026 ] }, { "date": "2024-07-05", "close": 6.85958, "volume": 504330, "typical_volume": 1065577.8, "trend": 7.034765, "fair_value": 4.947247, "relative_strength": -11.220047, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.785901, "energy": 14.676099, "activity_lines": [ 6.948365, 7.011461, 6.830712, 6.914088 ] }, { "date": "2024-07-12", "close": 6.896067, "volume": 548642, "typical_volume": 1055119.1, "trend": 7.030714, "fair_value": 4.97026, "relative_strength": -10.379709, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.044567, "energy": 13.015262, "activity_lines": [ 6.927689, 6.993699, 6.83912, 6.90514 ] }, { "date": "2024-07-19", "close": 6.540317, "volume": 648914, "typical_volume": 1042757.5, "trend": 7.00857, "fair_value": 4.988451, "relative_strength": -11.300942, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.515505, "energy": 22.145381, "activity_lines": [ 6.803025, 6.907123, 6.817237, 6.873502 ] }, { "date": "2024-07-26", "close": 6.6589, "volume": 601252, "typical_volume": 1034353.6, "trend": 6.985926, "fair_value": 5.00765, "relative_strength": -7.116643, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.51618, "energy": 25.022897, "activity_lines": [ 6.733699, 6.846901, 6.811936, 6.850942 ] }, { "date": "2024-08-02", "close": 6.047741, "volume": 759723, "typical_volume": 913700.8, "trend": 6.945581, "fair_value": 5.021885, "relative_strength": -12.662453, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.771996, "energy": 56.212532, "activity_lines": [ 6.476465, 6.682949, 6.752554, 6.790414 ] }, { "date": "2024-08-09", "close": 5.892671, "volume": 647381, "typical_volume": 844165.4, "trend": 6.908974, "fair_value": 5.036223, "relative_strength": -15.091482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.008589, "energy": 74.825769, "activity_lines": [ 6.240515, 6.509303, 6.678958, 6.722485 ] }, { "date": "2024-08-16", "close": 5.965645, "volume": 814449, "typical_volume": 790788.85, "trend": 6.854019, "fair_value": 5.050131, "relative_strength": -18.299137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.503349, "energy": 77.159507, "activity_lines": [ 6.09335, 6.378945, 6.61369, 6.661625 ] }, { "date": "2024-08-23", "close": 6.084228, "volume": 699246, "typical_volume": 758602.55, "trend": 6.782237, "fair_value": 5.064948, "relative_strength": -17.465602, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.762657, "energy": 75.107868, "activity_lines": [ 6.047741, 6.291044, 6.561218, 6.611961 ] }, { "date": "2024-08-30", "close": 6.24842, "volume": 585843, "typical_volume": 747538.85, "trend": 6.717412, "fair_value": 5.078486, "relative_strength": -14.537716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.251182, "energy": 68.138961, "activity_lines": [ 6.087269, 6.245601, 6.525151, 6.577521 ] }, { "date": "2024-09-06", "close": 5.748547, "volume": 497832, "typical_volume": 718381.25, "trend": 6.655517, "fair_value": 5.088318, "relative_strength": -16.551525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.244968, "energy": 63.942122, "activity_lines": [ 5.987537, 6.121047, 6.440474, 6.515014 ] }, { "date": "2024-09-13", "close": 5.896657, "volume": 632566, "typical_volume": 711332.95, "trend": 6.604497, "fair_value": 5.098295, "relative_strength": -19.111961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.819565, "energy": 49.584509, "activity_lines": [ 5.957122, 6.048764, 6.371925, 6.466055 ] }, { "date": "2024-09-20", "close": 5.970713, "volume": 828502, "typical_volume": 706248.3, "trend": 6.548523, "fair_value": 5.110957, "relative_strength": -19.143313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.497889, "energy": 44.64413, "activity_lines": [ 5.951127, 6.007454, 6.31239, 6.425166 ] }, { "date": "2024-09-27", "close": 6.60944, "volume": 823692, "typical_volume": 707827.1, "trend": 6.513802, "fair_value": 5.12701, "relative_strength": -11.306712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.827997, "energy": 24.275838, "activity_lines": [ 6.157702, 6.099101, 6.317009, 6.429096 ] }, { "date": "2024-10-04", "close": 6.498357, "volume": 760241, "typical_volume": 700398.0, "trend": 6.479583, "fair_value": 5.143155, "relative_strength": -12.75889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.44757, "energy": 17.055286, "activity_lines": [ 6.292236, 6.169294, 6.311976, 6.428099 ] }, { "date": "2024-10-11", "close": 6.229906, "volume": 523939, "typical_volume": 697672.25, "trend": 6.481775, "fair_value": 5.160391, "relative_strength": -17.174377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.662482, "energy": 19.822099, "activity_lines": [ 6.320624, 6.193596, 6.284075, 6.411991 ] }, { "date": "2024-10-18", "close": 6.016997, "volume": 914627, "typical_volume": 703955.45, "trend": 6.47627, "fair_value": 5.176312, "relative_strength": -19.912811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.414161, "energy": 22.446489, "activity_lines": [ 6.245952, 6.175876, 6.239876, 6.382005 ] }, { "date": "2024-10-25", "close": 5.804088, "volume": 706282, "typical_volume": 695817.6, "trend": 6.460364, "fair_value": 5.190818, "relative_strength": -22.549754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.033818, "energy": 29.526044, "activity_lines": [ 6.092287, 6.117184, 6.18267, 6.338639 ] }, { "date": "2024-11-01", "close": 5.720776, "volume": 860282, "typical_volume": 705898.3, "trend": 6.442882, "fair_value": 5.205343, "relative_strength": -22.138321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.756148, "energy": 53.557544, "activity_lines": [ 5.921959, 6.046283, 6.123771, 6.290923 ] }, { "date": "2024-11-08", "close": 6.155851, "volume": 757783, "typical_volume": 717542.15, "trend": 6.446812, "fair_value": 5.222808, "relative_strength": -20.266362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.939724, "energy": 47.94619, "activity_lines": [ 5.955902, 6.061094, 6.111341, 6.272405 ] }, { "date": "2024-11-15", "close": 5.831859, "volume": 1037492, "typical_volume": 707650.9, "trend": 6.435436, "fair_value": 5.240555, "relative_strength": -21.360855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.418359, "energy": 50.556358, "activity_lines": [ 5.90468, 6.01868, 6.071578, 6.232731 ] }, { "date": "2024-11-22", "close": 5.433811, "volume": 1010567, "typical_volume": 732962.75, "trend": 6.406286, "fair_value": 5.255601, "relative_strength": -27.498975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.920981, "energy": 60.517009, "activity_lines": [ 5.747312, 5.90238, 6.000147, 6.16811 ] }, { "date": "2024-11-29", "close": 5.183875, "volume": 967801, "typical_volume": 753920.7, "trend": 6.356788, "fair_value": 5.269674, "relative_strength": -30.825284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.100134, "energy": 63.738568, "activity_lines": [ 5.545512, 5.749052, 5.911702, 6.089245 ] }, { "date": "2024-12-06", "close": 5.165024, "volume": 1242246, "typical_volume": 783587.3, "trend": 6.302157, "fair_value": 5.283373, "relative_strength": -32.725223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.640018, "energy": 75.63117, "activity_lines": [ 5.378775, 5.606602, 5.829615, 6.012357 ] }, { "date": "2024-12-13", "close": 5.042496, "volume": 892143, "typical_volume": 798131.85, "trend": 6.23473, "fair_value": 5.297097, "relative_strength": -34.134019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.674605, "energy": 79.635001, "activity_lines": [ 5.208245, 5.468137, 5.742407, 5.931088 ] }, { "date": "2024-12-20", "close": 4.56181, "volume": 1322846, "typical_volume": 826288.0, "trend": 6.151279, "fair_value": 5.307537, "relative_strength": -38.314839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.398654, "energy": 87.89951, "activity_lines": [ 4.951711, 5.268744, 5.617117, 5.823158 ] }, { "date": "2024-12-27", "close": 4.608936, "volume": 700169, "typical_volume": 828927.4, "trend": 6.053454, "fair_value": 5.317925, "relative_strength": -37.466158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.209465, "energy": 90.400625, "activity_lines": [ 4.795555, 5.108249, 5.503391, 5.723652 ] }, { "date": "2025-01-03", "close": 5.278127, "volume": 1536476, "typical_volume": 865028.75, "trend": 5.992225, "fair_value": 5.33169, "relative_strength": -27.018606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.4528, "energy": 70.191087, "activity_lines": [ 4.917455, 5.095027, 5.459511, 5.673631 ] }, { "date": "2025-01-10", "close": 5.117898, "volume": 1037809, "typical_volume": 881956.9, "trend": 5.936905, "fair_value": 5.344276, "relative_strength": -26.931583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.510466, "energy": 52.79008, "activity_lines": [ 4.979661, 5.062234, 5.403644, 5.617223 ] }, { "date": "2025-01-17", "close": 5.353529, "volume": 1098132, "typical_volume": 907571.35, "trend": 5.885487, "fair_value": 5.359537, "relative_strength": -24.869884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.506097, "energy": 35.149148, "activity_lines": [ 5.123553, 5.083245, 5.37482, 5.579586 ] }, { "date": "2025-01-24", "close": 5.127323, "volume": 641309, "typical_volume": 914745.2, "trend": 5.81832, "fair_value": 5.372538, "relative_strength": -28.117186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.080628, "energy": 23.829726, "activity_lines": [ 5.171308, 5.077715, 5.328715, 5.530672 ] }, { "date": "2025-01-31", "close": 4.948244, "volume": 1049306, "typical_volume": 935582.2, "trend": 5.754608, "fair_value": 5.382567, "relative_strength": -28.661009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.951154, "energy": 28.944711, "activity_lines": [ 5.121668, 5.052436, 5.268512, 5.474538 ] }, { "date": "2025-02-07", "close": 4.901118, "volume": 856543, "typical_volume": 936984.25, "trend": 5.68811, "fair_value": 5.391331, "relative_strength": -28.584577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.946892, "energy": 32.41643, "activity_lines": [ 5.033699, 5.027416, 5.208337, 5.419474 ] }, { "date": "2025-02-14", "close": 4.901118, "volume": 846396, "typical_volume": 938119.45, "trend": 5.63347, "fair_value": 5.398371, "relative_strength": -29.757065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.936994, "energy": 41.69272, "activity_lines": [ 4.970865, 5.007537, 5.153256, 5.3687 ] }, { "date": "2025-02-21", "close": 4.901118, "volume": 814809, "typical_volume": 940847.85, "trend": 5.574877, "fair_value": 5.405057, "relative_strength": -27.249646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.42524, "energy": 44.81863, "activity_lines": [ 4.922482, 4.992457, 5.106309, 5.321452 ] }, { "date": "2025-02-28", "close": 4.919968, "volume": 1022330, "typical_volume": 965767.4, "trend": 5.537285, "fair_value": 5.409931, "relative_strength": -23.524292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.865403, "energy": 43.7491, "activity_lines": [ 4.910543, 4.983374, 5.068763, 5.2792 ] }, { "date": "2025-03-07", "close": 4.804656, "volume": 1034164, "typical_volume": 971744.25, "trend": 5.501018, "fair_value": 5.411916, "relative_strength": -21.943248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.428548, "energy": 45.780772, "activity_lines": [ 4.873991, 4.946814, 5.026474, 5.231933 ] }, { "date": "2025-03-14", "close": 5.217857, "volume": 1509353, "typical_volume": 1011897.8, "trend": 5.476092, "fair_value": 5.417984, "relative_strength": -12.628648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.390378, "energy": 24.559957, "activity_lines": [ 4.984744, 4.981823, 5.02931, 5.213665 ] }, { "date": "2025-03-21", "close": 5.140982, "volume": 2008330, "typical_volume": 1069300.2, "trend": 5.44465, "fair_value": 5.422432, "relative_strength": -13.697695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.263985, "energy": 17.825944, "activity_lines": [ 5.048757, 5.00395, 5.027615, 5.192045 ] }, { "date": "2025-03-28", "close": 4.670126, "volume": 1012214, "typical_volume": 1082021.75, "trend": 5.39204, "fair_value": 5.425347, "relative_strength": -19.194348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.024475, "energy": 30.260181, "activity_lines": [ 4.939827, 4.940047, 4.983839, 5.142075 ] }, { "date": "2025-04-04", "close": 3.954232, "volume": 1511014, "typical_volume": 1105697.85, "trend": 5.33223, "fair_value": 5.425617, "relative_strength": -23.505392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.894144, "energy": 54.480335, "activity_lines": [ 4.607665, 4.758407, 4.878957, 5.049314 ] }, { "date": "2025-04-11", "close": 4.132005, "volume": 1857566, "typical_volume": 1148047.8, "trend": 5.273408, "fair_value": 5.425286, "relative_strength": -25.086454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.687034, "energy": 75.786411, "activity_lines": [ 4.399143, 4.630419, 4.799947, 4.97188 ] }, { "date": "2025-04-18", "close": 4.093567, "volume": 867004, "typical_volume": 1143007.95, "trend": 5.210836, "fair_value": 5.425887, "relative_strength": -23.362631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.3519, "energy": 80.751938, "activity_lines": [ 4.222652, 4.510282, 4.723475, 4.895761 ] }, { "date": "2025-04-25", "close": 4.05513, "volume": 1108359, "typical_volume": 1136313.6, "trend": 5.125693, "fair_value": 5.427418, "relative_strength": -27.946542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.414852, "energy": 82.134175, "activity_lines": [ 4.108302, 4.39784, 4.648534, 4.821199 ] }, { "date": "2025-05-02", "close": 4.007083, "volume": 1072154, "typical_volume": 1145314.15, "trend": 5.04265, "fair_value": 5.427054, "relative_strength": -30.359332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.61278, "energy": 78.63103, "activity_lines": [ 4.050325, 4.292043, 4.574303, 4.749031 ] }, { "date": "2025-05-09", "close": 3.853334, "volume": 1081079, "typical_volume": 1133225.8, "trend": 4.963431, "fair_value": 5.425194, "relative_strength": -32.071216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.645881, "energy": 75.351697, "activity_lines": [ 3.985302, 4.174547, 4.490359, 4.672301 ] }, { "date": "2025-05-16", "close": 4.208879, "volume": 1583169, "typical_volume": 1177375.8, "trend": 4.903161, "fair_value": 5.421671, "relative_strength": -29.683791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.938051, "energy": 50.893795, "activity_lines": [ 4.04552, 4.14109, 4.443651, 4.62362 ] }, { "date": "2025-05-23", "close": 4.420284, "volume": 2896626, "typical_volume": 1245383.3, "trend": 4.857034, "fair_value": 5.417047, "relative_strength": -23.495573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.661561, "energy": 35.188834, "activity_lines": [ 4.171082, 4.156901, 4.418981, 4.592467 ] }, { "date": "2025-05-30", "close": 4.324191, "volume": 867037, "typical_volume": 1236844.7, "trend": 4.810481, "fair_value": 5.409059, "relative_strength": -25.507325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.416413, "energy": 27.438796, "activity_lines": [ 4.242832, 4.169743, 4.389245, 4.55809 ] }, { "date": "2025-06-06", "close": 4.519339, "volume": 1169587, "typical_volume": 1240417.45, "trend": 4.755931, "fair_value": 5.406771, "relative_strength": -22.813328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.152499, "energy": 20.98235, "activity_lines": [ 4.361694, 4.232917, 4.381874, 4.539306 ] }, { "date": "2025-06-13", "close": 4.529058, "volume": 1162244, "typical_volume": 1266464.2, "trend": 4.712504, "fair_value": 5.408272, "relative_strength": -21.442381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.625571, "energy": 21.113018, "activity_lines": [ 4.449644, 4.300599, 4.3794, 4.524669 ] }, { "date": "2025-06-20", "close": 4.752595, "volume": 1073979, "typical_volume": 1267697.85, "trend": 4.689797, "fair_value": 5.412086, "relative_strength": -16.750513, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.639749, "energy": 16.109251, "activity_lines": [ 4.567059, 4.398473, 4.401065, 4.527256 ] }, { "date": "2025-06-27", "close": 4.694281, "volume": 1777582, "typical_volume": 1313749.8, "trend": 4.673477, "fair_value": 5.416147, "relative_strength": -20.139613, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.015586, "energy": 16.73148, "activity_lines": [ 4.628789, 4.474461, 4.418108, 4.527545 ] }, { "date": "2025-07-04", "close": 4.99557, "volume": 874475, "typical_volume": 1315153.75, "trend": 4.667828, "fair_value": 5.422553, "relative_strength": -15.51064, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.236753, "energy": 39.651207, "activity_lines": [ 4.772681, 4.594307, 4.46483, 4.548325 ] }, { "date": "2025-07-11", "close": 5.073322, "volume": 1138836, "typical_volume": 1331355.1, "trend": 4.668856, "fair_value": 5.431632, "relative_strength": -13.119017, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.654093, "energy": 55.985846, "activity_lines": [ 4.897732, 4.711191, 4.518507, 4.574486 ] }, { "date": "2025-07-18", "close": 4.878942, "volume": 854491, "typical_volume": 1322963.15, "trend": 4.679427, "fair_value": 5.438688, "relative_strength": -16.716554, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.363126, "energy": 52.216668, "activity_lines": [ 4.921058, 4.773347, 4.552851, 4.58804 ] }, { "date": "2025-07-25", "close": 4.917818, "volume": 770745, "typical_volume": 1309792.2, "trend": 4.689723, "fair_value": 5.443923, "relative_strength": -15.914861, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.826216, "energy": 47.669456, "activity_lines": [ 4.934016, 4.823924, 4.591094, 4.60342 ] }, { "date": "2025-08-01", "close": 4.461025, "volume": 1086933, "typical_volume": 1288671.2, "trend": 4.662486, "fair_value": 5.447679, "relative_strength": -21.198314, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.329091, "energy": 13.671025, "activity_lines": [ 4.783696, 4.778557, 4.585293, 4.588666 ] }, { "date": "2025-08-08", "close": 4.772033, "volume": 1469475, "typical_volume": 1261728.45, "trend": 4.650958, "fair_value": 5.448978, "relative_strength": -17.988708, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.490965, "energy": 8.004687, "activity_lines": [ 4.752595, 4.788997, 4.612717, 4.595733 ] }, { "date": "2025-08-15", "close": 4.927537, "volume": 1135600, "typical_volume": 1267897.75, "trend": 4.636758, "fair_value": 5.454379, "relative_strength": -15.065259, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.198835, "energy": 10.701916, "activity_lines": [ 4.788231, 4.819568, 4.656707, 4.613577 ] }, { "date": "2025-08-22", "close": 5.141355, "volume": 859351, "typical_volume": 1235314.6, "trend": 4.637226, "fair_value": 5.460478, "relative_strength": -9.899836, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.397785, "energy": 32.113897, "activity_lines": [ 4.904859, 4.881593, 4.719835, 4.646132 ] }, { "date": "2025-08-29", "close": 5.180231, "volume": 981984, "typical_volume": 1191535.5, "trend": 4.644958, "fair_value": 5.468, "relative_strength": -8.241559, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.707544, "energy": 56.844405, "activity_lines": [ 5.016952, 4.939553, 4.781012, 4.681164 ] }, { "date": "2025-09-05", "close": 5.249763, "volume": 731819, "typical_volume": 1184776.25, "trend": 4.65658, "fair_value": 5.475389, "relative_strength": -7.24412, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.375474, "energy": 67.965659, "activity_lines": [ 5.134727, 5.002381, 4.84382, 4.720184 ] }, { "date": "2025-09-12", "close": 5.396952, "volume": 870713, "typical_volume": 1172893.95, "trend": 4.673108, "fair_value": 5.485298, "relative_strength": -5.762366, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.481018, "energy": 74.240058, "activity_lines": [ 5.248983, 5.08187, 4.915141, 4.76795 ] }, { "date": "2025-09-19", "close": 5.318451, "volume": 1221977, "typical_volume": 1180385.1, "trend": 4.687019, "fair_value": 5.495492, "relative_strength": -8.455286, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.580521, "energy": 70.107994, "activity_lines": [ 5.295411, 5.139789, 4.972595, 4.809585 ] }, { "date": "2025-09-26", "close": 5.23995, "volume": 823762, "typical_volume": 1167519.25, "trend": 4.697685, "fair_value": 5.504814, "relative_strength": -8.51856, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.372147, "energy": 59.745169, "activity_lines": [ 5.289611, 5.178978, 5.016329, 4.845258 ] }, { "date": "2025-10-03", "close": 4.994634, "volume": 738912, "typical_volume": 1125306.4, "trend": 4.704018, "fair_value": 5.512092, "relative_strength": -12.950974, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.46727, "energy": 39.263355, "activity_lines": [ 5.195466, 5.167, 5.030096, 4.864416 ] }, { "date": "2025-10-10", "close": 4.474564, "volume": 853823, "typical_volume": 1023166.25, "trend": 4.679241, "fair_value": 5.516088, "relative_strength": -19.373289, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 11.703674, "energy": 12.500436, "activity_lines": [ 4.940337, 5.059068, 4.990591, 4.849612 ] }, { "date": "2025-10-17", "close": 4.71988, "volume": 791569, "typical_volume": 1019392.85, "trend": 4.665204, "fair_value": 5.520239, "relative_strength": -16.228998, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.632811, "energy": 19.955743, "activity_lines": [ 4.818661, 4.995492, 4.974191, 4.852234 ] }, { "date": "2025-10-24", "close": 4.739505, "volume": 618455, "typical_volume": 991836.25, "trend": 4.667517, "fair_value": 5.525093, "relative_strength": -16.974248, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.900341, "energy": 20.793048, "activity_lines": [ 4.748664, 4.936433, 4.957776, 4.857028 ] }, { "date": "2025-10-31", "close": 4.857257, "volume": 675756, "typical_volume": 967511.85, "trend": 4.697618, "fair_value": 5.530439, "relative_strength": -15.81691, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.18244, "energy": 20.182594, "activity_lines": [ 4.756514, 4.902201, 4.951526, 4.869269 ] }, { "date": "2025-11-07", "close": 5.710957, "volume": 1250764, "typical_volume": 976351.1, "trend": 4.75025, "fair_value": 5.540417, "relative_strength": 2.691773, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.409734, "energy": 29.874902, "activity_lines": [ 5.074443, 5.028354, 5.025019, 4.934646 ] }, { "date": "2025-11-14", "close": 6.358591, "volume": 2435993, "typical_volume": 1009271.65, "trend": 4.82575, "fair_value": 5.555808, "relative_strength": 14.832599, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.312376, "energy": 76.697373, "activity_lines": [ 5.560496, 5.262608, 5.155628, 5.03841 ] }, { "date": "2025-11-21", "close": 6.672595, "volume": 2013192, "typical_volume": 1066207.5, "trend": 4.912999, "fair_value": 5.572003, "relative_strength": 24.207269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.159204, "energy": 90.594903, "activity_lines": [ 6.025615, 5.533794, 5.308216, 5.157561 ] }, { "date": "2025-11-28", "close": 6.888473, "volume": 1371404, "typical_volume": 1077835.9, "trend": 5.009046, "fair_value": 5.589011, "relative_strength": 21.951697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.204032, "energy": 94.327621, "activity_lines": [ 6.432513, 5.821037, 5.473378, 5.285011 ] }, { "date": "2025-12-05", "close": 7.075609, "volume": 1526422, "typical_volume": 1111432.45, "trend": 5.116455, "fair_value": 5.608128, "relative_strength": 23.639184, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.246595, "energy": 93.803381, "activity_lines": [ 6.758524, 6.113758, 5.64772, 5.418338 ] }, { "date": "2025-12-12", "close": 7.065726, "volume": 1488357, "typical_volume": 1147313.05, "trend": 5.211683, "fair_value": 5.626593, "relative_strength": 25.336623, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.411566, "energy": 91.282338, "activity_lines": [ 6.933351, 6.371307, 5.810659, 5.544097 ] }, { "date": "2025-12-19", "close": 6.858202, "volume": 1423872, "typical_volume": 1164160.0, "trend": 5.292947, "fair_value": 5.642603, "relative_strength": 20.406481, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.012462, "energy": 86.322158, "activity_lines": [ 6.948685, 6.553468, 5.943607, 5.650324 ] }, { "date": "2025-12-26", "close": 6.828555, "volume": 928203, "typical_volume": 1137096.4, "trend": 5.376426, "fair_value": 5.658798, "relative_strength": 17.909229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.057081, "energy": 65.899247, "activity_lines": [ 6.92083, 6.6869, 6.062316, 5.749396 ] }, { "date": "2026-01-02", "close": 6.601266, "volume": 831711, "typical_volume": 1121901.95, "trend": 5.445823, "fair_value": 5.671822, "relative_strength": 15.857817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.652581, "energy": 58.56389, "activity_lines": [ 6.806814, 6.740667, 6.149585, 5.828418 ] }, { "date": "2026-01-09", "close": 6.739616, "volume": 1818946, "typical_volume": 1169881.7, "trend": 5.519508, "fair_value": 5.684609, "relative_strength": 15.585274, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.105716, "energy": 48.624382, "activity_lines": [ 6.758063, 6.785739, 6.24206, 5.911888 ] }, { "date": "2026-01-16", "close": 6.62103, "volume": 1541645, "typical_volume": 1197864.75, "trend": 5.58179, "fair_value": 5.695136, "relative_strength": 14.455049, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.267371, "energy": 41.640573, "activity_lines": [ 6.692182, 6.775024, 6.315631, 5.982954 ] }, { "date": "2026-01-23", "close": 8.063822, "volume": 6844549, "typical_volume": 1503501.25, "trend": 5.694108, "fair_value": 5.715769, "relative_strength": 38.150497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.814261, "energy": 56.940534, "activity_lines": [ 7.136878, 7.010089, 6.519749, 6.143085 ] }, { "date": "2026-01-30", "close": 8.38005, "volume": 4066115, "typical_volume": 1663271.35, "trend": 5.806924, "fair_value": 5.737251, "relative_strength": 42.607558, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 82.676204, "energy": 64.93079, "activity_lines": [ 7.606608, 7.271645, 6.740584, 6.316372 ] }, { "date": "2026-02-06", "close": 8.607339, "volume": 3534457, "typical_volume": 1778895.35, "trend": 5.924724, "fair_value": 5.759493, "relative_strength": 47.996178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.043522, "energy": 86.341022, "activity_lines": [ 8.048669, 7.543483, 6.96886, 6.497044 ] }, { "date": "2026-02-13", "close": 8.38005, "volume": 3571486, "typical_volume": 1916281.55, "trend": 6.041428, "fair_value": 5.780278, "relative_strength": 44.548855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.729314, "energy": 85.785609, "activity_lines": [ 8.281229, 7.742742, 7.159829, 6.655452 ] }, { "date": "2026-02-20", "close": 9.190385, "volume": 2332148, "typical_volume": 1995943.35, "trend": 6.183847, "fair_value": 5.804438, "relative_strength": 54.958712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.17651, "energy": 91.96095, "activity_lines": [ 8.674538, 8.065619, 7.413019, 6.85861 ] }, { "date": "2026-02-27", "close": 9.289207, "volume": 2909132, "typical_volume": 2098708.8, "trend": 6.344786, "fair_value": 5.827076, "relative_strength": 55.31051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.135266, "energy": 89.280866, "activity_lines": [ 8.929497, 8.367832, 7.655642, 7.058956 ] }, { "date": "2026-03-06", "close": 8.305644, "volume": 2979466, "typical_volume": 2208103.65, "trend": 6.462573, "fair_value": 5.844824, "relative_strength": 39.513899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.951571, "energy": 61.509777, "activity_lines": [ 8.774909, 8.447016, 7.781664, 7.185463 ] }, { "date": "2026-03-13", "close": 6.785592, "volume": 5957444, "typical_volume": 2475053.1, "trend": 6.524508, "fair_value": 5.858262, "relative_strength": 15.027911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.261627, "energy": 33.62833, "activity_lines": [ 8.118598, 8.222971, 7.745845, 7.206303 ] }, { "date": "2026-03-20", "close": 6.745852, "volume": 3564087, "typical_volume": 2619469.65, "trend": 6.577992, "fair_value": 5.87025, "relative_strength": 16.454714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.272413, "energy": 18.898716, "activity_lines": [ 7.570491, 7.988349, 7.696498, 7.220583 ] }, { "date": "2026-03-27", "close": 6.725982, "volume": 2756551, "typical_volume": 2694759.0, "trend": 6.629517, "fair_value": 5.881459, "relative_strength": 19.533075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.216505, "energy": 24.512807, "activity_lines": [ 7.124706, 7.750001, 7.636265, 7.230131 ] }, { "date": "2026-04-03", "close": 7.242601, "volume": 2163325, "typical_volume": 2681125.6, "trend": 6.695945, "fair_value": 5.897936, "relative_strength": 23.080264, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.347322, "energy": 24.710505, "activity_lines": [ 7.015421, 7.603675, 7.6204, 7.269685 ] }, { "date": "2026-04-10", "close": 7.242601, "volume": 2167228, "typical_volume": 2688827.4, "trend": 6.757466, "fair_value": 5.910717, "relative_strength": 17.216798, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.906129, "energy": 19.991608, "activity_lines": [ 7.042577, 7.472281, 7.600326, 7.304953 ] }, { "date": "2026-04-17", "close": 7.848635, "volume": 2434656, "typical_volume": 2741990.0, "trend": 6.841806, "fair_value": 5.927437, "relative_strength": 18.987491, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.389202, "energy": 13.457153, "activity_lines": [ 7.342613, 7.471755, 7.635255, 7.375351 ] }, { "date": "2026-04-24", "close": 7.123381, "volume": 1977147, "typical_volume": 2764526.25, "trend": 6.904587, "fair_value": 5.939344, "relative_strength": 5.241952, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.827853, "energy": 5.47797, "activity_lines": [ 7.330029, 7.35316, 7.59654, 7.393517 ] }, { "date": "2026-05-01", "close": 7.669805, "volume": 2286276, "typical_volume": 2804422.2, "trend": 6.993759, "fair_value": 5.955842, "relative_strength": 10.929695, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.03616, "energy": 16.133039, "activity_lines": [ 7.474417, 7.356763, 7.609638, 7.442886 ] }, { "date": "2026-05-08", "close": 7.789025, "volume": 2088396, "typical_volume": 2837648.4, "trend": 7.104241, "fair_value": 5.972506, "relative_strength": 6.178394, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.324281, "energy": 21.885062, "activity_lines": [ 7.595624, 7.409689, 7.631214, 7.494194 ] }, { "date": "2026-05-15", "close": 8.136749, "volume": 5076028, "typical_volume": 3045039.65, "trend": 7.218137, "fair_value": 5.991671, "relative_strength": 10.58206, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.20914, "energy": 25.34728, "activity_lines": [ 7.79631, 7.553114, 7.681473, 7.560807 ] }, { "date": "2026-05-22", "close": 7.967854, "volume": 3230161, "typical_volume": 3164962.15, "trend": 7.325748, "fair_value": 6.010949, "relative_strength": 6.515229, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.879912, "energy": 30.155298, "activity_lines": [ 7.881089, 7.668902, 7.709418, 7.609176 ] }, { "date": "2026-05-29", "close": 7.52078, "volume": 2997512, "typical_volume": 3223890.45, "trend": 7.414532, "fair_value": 6.025258, "relative_strength": -2.617605, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 32.645004, "energy": 21.796849, "activity_lines": [ 7.808895, 7.681908, 7.688277, 7.621758 ] }, { "date": "2026-06-05", "close": 7.21, "volume": 3644761, "typical_volume": 3329046.25, "trend": 7.464501, "fair_value": 6.037023, "relative_strength": -2.537584, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.566143, "energy": 7.265515, "activity_lines": [ 7.606614, 7.624318, 7.633818, 7.608563 ] }, { "date": "2026-06-12", "close": 7.68, "volume": 2019245, "typical_volume": 3087781.05, "trend": 7.508548, "fair_value": 6.04909, "relative_strength": 1.098318, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.246711, "energy": 9.347153, "activity_lines": [ 7.591653, 7.643383, 7.621317, 7.622466 ] }, { "date": "2026-06-19", "close": 7.38, "volume": 2440197, "typical_volume": 3006485.15, "trend": 7.532128, "fair_value": 6.059843, "relative_strength": -5.536848, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.933141, "energy": 10.563588, "activity_lines": [ 7.483961, 7.59995, 7.582071, 7.614173 ] }, { "date": "2026-06-26", "close": 6.82, "volume": 3886407, "typical_volume": 3024082.65, "trend": 7.529845, "fair_value": 6.066121, "relative_strength": -8.767805, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.641745, "energy": 34.109077, "activity_lines": [ 7.240052, 7.4522, 7.494255, 7.568229 ] }, { "date": "2026-07-03", "close": 6.6, "volume": 2275055, "typical_volume": 2959261.1, "trend": 7.513992, "fair_value": 6.069329, "relative_strength": -12.50343, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.398146, "energy": 59.167212, "activity_lines": [ 6.999333, 7.283153, 7.393997, 7.508239 ] }, { "date": "2026-07-10", "close": 6.95, "volume": 2145487, "typical_volume": 2949928.05, "trend": 7.510134, "fair_value": 6.077492, "relative_strength": -9.567279, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.355527, "energy": 57.401607, "activity_lines": [ 6.936667, 7.187258, 7.335549, 7.471852 ] }, { "date": "2026-07-17", "close": 7.03, "volume": 1699614, "typical_volume": 2889452.15, "trend": 7.515861, "fair_value": 6.085282, "relative_strength": -4.795472, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.056485, "energy": 55.147678, "activity_lines": [ 6.918, 7.118996, 7.295388, 7.440876 ] }, { "date": "2026-07-24", "close": 7.66, "volume": 1775568, "typical_volume": 2829257.25, "trend": 7.543576, "fair_value": 6.095396, "relative_strength": 4.947923, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.204688, "energy": 24.173802, "activity_lines": [ 7.152667, 7.17908, 7.325986, 7.450175 ] }, { "date": "2026-07-31", "close": 7.61, "volume": 1508702, "typical_volume": 2606820.15, "trend": 7.5772, "fair_value": 6.105577, "relative_strength": 3.139457, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.425428, "energy": 13.125937, "activity_lines": [ 7.352, 7.238741, 7.354896, 7.454461 ] }, { "date": "2026-08-07", "close": 7.42, "volume": 1725637, "typical_volume": 2514897.65, "trend": 7.599879, "fair_value": 6.119904, "relative_strength": -4.638617, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.027062, "energy": 16.651602, "activity_lines": [ 7.435333, 7.270364, 7.361785, 7.444319 ] } ], "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." } } }