{ "ticker": { "uuid": "bf316ebc-3576-4aad-8213-5ef5fe72cfa4", "symbol": "EVEX", "name": "Eve Holding Inc", "exchange": "NYSE", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -51.893, "architecture_energy": 35.082, "architecture_maturity": 22.669, "architecture_confidence": 91.738, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 28.06, "rotation_up": 21.07, "upward_expansion": 5.83, "deceleration": 51.6, "rotation_down": 53.58, "downward_expansion": 76.83 }, "activity_lines": [ 2.448667, 2.474, 2.654143, 2.726452 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.5 }, "latest_close": 2.76, "trend_reference": 2.931667, "distance_from_trend": -0.058556, "trend_direction": "Weakening", "fair_value": 4.638141, "distance_from_fair_value": -0.404934, "fair_value_direction": "Weakening", "relative_strength": -30.117964, "relative_strength_direction": "Improving", "price_momentum": -0.168675, "excess_performance": -0.2943, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.058556, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.167377, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.404934, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.0275, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.30118, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.040029, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.168675, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.014677, "read": "Demand-led" } ], "volume": { "latest": 7235217, "relative_activity": 1.246368, "balance": 1.014677, "dry_up": 0.957029, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.156915, "annualized_volatility": 0.638475, "from_high_reference": -0.553398, "from_low_reference": 0.314348 }, "levels": { "trend_reference": 2.931667, "fair_value_reference": 4.638141, "structural_low": 2.0999, "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": 27, "median_return": -0.021739, "positive_rate": 0.37037, "directional_follow_through": 0.62963, "median_excess_return": -0.050507, "regime_survival": 0.777778, "best_return": 0.57, "worst_return": -0.297082, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.05, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.124862, "regime_survival": 0.444444, "best_return": 0.6, "worst_return": -0.445471, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.024011, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.09873, "regime_survival": 0.333333, "best_return": 0.55, "worst_return": -0.473198, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.366667, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.205649, "regime_survival": 0.333333, "best_return": 0.512668, "worst_return": -0.617962, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": 0.013966, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.046575, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-30", "tenure": "New", "return": 0.391753, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.227523, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": -0.371429, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": -0.027295, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-12", "end": "2025-10-03", "tenure": "New", "return": 0.176923, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-10-17", "tenure": "New", "return": -0.043956, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.015801, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": 0.123487, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-02-06", "tenure": "Developing", "return": -0.308333, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-13", "end": "2026-05-29", "tenure": "Established", "return": 0.146179, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.15035, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.061538, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.67, "volume": 169425, "typical_volume": 344359.85, "trend": 7.926, "fair_value": 9.241631, "relative_strength": -13.783399, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.348049, "energy": 18.913005, "activity_lines": [ 8.353333, 9.023818, 8.997381, 8.54157 ] }, { "date": "2023-08-25", "close": 7.87, "volume": 174101, "typical_volume": 350387.9, "trend": 7.927667, "fair_value": 9.231692, "relative_strength": -12.283293, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.113551, "energy": 21.553087, "activity_lines": [ 8.091333, 8.731818, 8.92081, 8.537957 ] }, { "date": "2023-09-01", "close": 7.29, "volume": 184604, "typical_volume": 354288.75, "trend": 7.940333, "fair_value": 9.217723, "relative_strength": -20.759591, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.52067, "energy": 36.447806, "activity_lines": [ 7.758, 8.370182, 8.785476, 8.496817 ] }, { "date": "2023-09-08", "close": 8.01, "volume": 657581, "typical_volume": 383141.95, "trend": 7.998667, "fair_value": 9.209096, "relative_strength": -11.71743, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.703058, "energy": 36.114228, "activity_lines": [ 7.777333, 8.202, 8.718524, 8.501312 ] }, { "date": "2023-09-15", "close": 8.82, "volume": 2204114, "typical_volume": 487922.5, "trend": 8.086, "fair_value": 9.206337, "relative_strength": -1.801851, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 4.775322, "energy": 17.374473, "activity_lines": [ 8.094667, 8.226, 8.726238, 8.554301 ] }, { "date": "2023-09-22", "close": 8.36, "volume": 277454, "typical_volume": 490014.25, "trend": 8.177667, "fair_value": 9.200377, "relative_strength": -2.915463, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 15.853513, "energy": 13.788311, "activity_lines": [ 8.237333, 8.192909, 8.685286, 8.571978 ] }, { "date": "2023-09-29", "close": 8.29, "volume": 236777, "typical_volume": 496196.8, "trend": 8.240667, "fair_value": 9.19401, "relative_strength": -2.420185, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.810804, "energy": 6.925264, "activity_lines": [ 8.310667, 8.179636, 8.633143, 8.579226 ] }, { "date": "2023-10-06", "close": 8.15, "volume": 187610, "typical_volume": 495521.45, "trend": 8.325667, "fair_value": 9.18676, "relative_strength": -4.304064, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.864843, "energy": 8.730044, "activity_lines": [ 8.309333, 8.166545, 8.566429, 8.573376 ] }, { "date": "2023-10-13", "close": 7.99, "volume": 217947, "typical_volume": 491422.75, "trend": 8.391, "fair_value": 9.178507, "relative_strength": -6.228728, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.107763, "energy": 9.800951, "activity_lines": [ 8.197333, 8.139455, 8.487143, 8.55172 ] }, { "date": "2023-10-20", "close": 7.85, "volume": 236683, "typical_volume": 497185.85, "trend": 8.445, "fair_value": 9.169408, "relative_strength": -4.881648, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.065901, "energy": 21.2756, "activity_lines": [ 8.04, 8.094909, 8.396333, 8.516817 ] }, { "date": "2023-10-27", "close": 7.48, "volume": 215368, "typical_volume": 495092.25, "trend": 8.453, "fair_value": 9.157915, "relative_strength": -6.18573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -36.11339, "energy": 39.09412, "activity_lines": [ 7.824, 7.994909, 8.272048, 8.454559 ] }, { "date": "2023-11-03", "close": 7.46, "volume": 290022, "typical_volume": 475414.1, "trend": 8.464, "fair_value": 9.146443, "relative_strength": -10.58309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.099737, "energy": 59.369012, "activity_lines": [ 7.66, 7.894727, 8.14981, 8.390495 ] }, { "date": "2023-11-10", "close": 7.04, "volume": 268212, "typical_volume": 362255.0, "trend": 8.457, "fair_value": 9.132305, "relative_strength": -15.89336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.16309, "energy": 68.111283, "activity_lines": [ 7.411333, 7.725636, 7.998905, 8.298624 ] }, { "date": "2023-11-17", "close": 7.47, "volume": 243127, "typical_volume": 349892.55, "trend": 8.456333, "fair_value": 9.121223, "relative_strength": -12.079712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.19665, "energy": 62.709208, "activity_lines": [ 7.38, 7.639273, 7.906524, 8.234946 ] }, { "date": "2023-11-24", "close": 6.98, "volume": 182231, "typical_volume": 348091.9, "trend": 8.429, "fair_value": 9.107043, "relative_strength": -18.171869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.665669, "energy": 63.548718, "activity_lines": [ 7.22, 7.473636, 7.78181, 8.139699 ] }, { "date": "2023-12-01", "close": 6.98, "volume": 276009, "typical_volume": 352327.55, "trend": 8.414667, "fair_value": 9.093049, "relative_strength": -18.397396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.599698, "energy": 60.698138, "activity_lines": [ 7.118, 7.341455, 7.67281, 8.046215 ] }, { "date": "2023-12-08", "close": 6.93, "volume": 256832, "typical_volume": 353201.55, "trend": 8.378, "fair_value": 9.078912, "relative_strength": -18.705148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.620012, "energy": 56.022948, "activity_lines": [ 7.032667, 7.225273, 7.574143, 7.95043 ] }, { "date": "2023-12-15", "close": 7.03, "volume": 506092, "typical_volume": 367896.4, "trend": 8.322, "fair_value": 9.065607, "relative_strength": -19.087614, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.317777, "energy": 55.597218, "activity_lines": [ 7.016, 7.152, 7.49819, 7.863462 ] }, { "date": "2023-12-22", "close": 7.36, "volume": 392246, "typical_volume": 373491.65, "trend": 8.288333, "fair_value": 9.054603, "relative_strength": -15.683572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.148275, "energy": 40.59424, "activity_lines": [ 7.11, 7.159091, 7.462952, 7.801398 ] }, { "date": "2023-12-29", "close": 7.32, "volume": 272622, "typical_volume": 372452.85, "trend": 8.258333, "fair_value": 9.043484, "relative_strength": -16.109501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.077691, "energy": 30.915557, "activity_lines": [ 7.198, 7.170364, 7.429, 7.738925 ] }, { "date": "2024-01-05", "close": 7.28, "volume": 225483, "typical_volume": 375255.75, "trend": 8.224, "fair_value": 9.023228, "relative_strength": -14.852794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.646962, "energy": 24.514552, "activity_lines": [ 7.25, 7.184, 7.396857, 7.675806 ] }, { "date": "2024-01-12", "close": 7.05, "volume": 220440, "typical_volume": 377572.7, "trend": 8.131, "fair_value": 8.999446, "relative_strength": -18.611873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.377104, "energy": 24.604016, "activity_lines": [ 7.205333, 7.159455, 7.344667, 7.600065 ] }, { "date": "2024-01-19", "close": 6.77, "volume": 185256, "typical_volume": 377605.3, "trend": 7.999, "fair_value": 8.958869, "relative_strength": -22.382262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.045718, "energy": 36.031078, "activity_lines": [ 7.059333, 7.091455, 7.269714, 7.512258 ] }, { "date": "2024-01-26", "close": 6.62, "volume": 164838, "typical_volume": 352968.15, "trend": 7.870333, "fair_value": 8.925343, "relative_strength": -24.395826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.657526, "energy": 44.651963, "activity_lines": [ 6.880667, 7.001091, 7.182952, 7.42329 ] }, { "date": "2024-02-02", "close": 6.23, "volume": 172290, "typical_volume": 251376.95, "trend": 7.735333, "fair_value": 8.874638, "relative_strength": -29.515824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.239934, "energy": 65.216105, "activity_lines": [ 6.621333, 6.855273, 7.065667, 7.317462 ] }, { "date": "2024-02-09", "close": 6.38, "volume": 181068, "typical_volume": 246557.65, "trend": 7.609667, "fair_value": 8.831881, "relative_strength": -28.586608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.533656, "energy": 71.183468, "activity_lines": [ 6.484667, 6.750364, 6.975, 7.230022 ] }, { "date": "2024-02-16", "close": 6.05, "volume": 254812, "typical_volume": 247459.4, "trend": 7.488, "fair_value": 8.789253, "relative_strength": -31.805194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.184257, "energy": 76.449969, "activity_lines": [ 6.298, 6.596364, 6.862333, 7.129398 ] }, { "date": "2024-02-23", "close": 5.75, "volume": 142332, "typical_volume": 245195.5, "trend": 7.380333, "fair_value": 8.756304, "relative_strength": -36.040076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.899553, "energy": 82.247385, "activity_lines": [ 6.078, 6.403818, 6.731762, 7.017269 ] }, { "date": "2024-03-01", "close": 5.44, "volume": 159819, "typical_volume": 242289.1, "trend": 7.280667, "fair_value": 8.724766, "relative_strength": -39.720155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.801081, "energy": 84.200602, "activity_lines": [ 5.822667, 6.178182, 6.583095, 6.892086 ] }, { "date": "2024-03-08", "close": 5.43, "volume": 224037, "typical_volume": 241656.8, "trend": 7.178333, "fair_value": 8.692779, "relative_strength": -39.425221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.28439, "energy": 83.048219, "activity_lines": [ 5.642667, 5.985636, 6.445619, 6.772688 ] }, { "date": "2024-03-15", "close": 5.43, "volume": 361103, "typical_volume": 248943.55, "trend": 7.103667, "fair_value": 8.663035, "relative_strength": -39.054348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.718823, "energy": 82.74339, "activity_lines": [ 5.516, 5.827455, 6.319667, 6.659892 ] }, { "date": "2024-03-22", "close": 5.4, "volume": 186604, "typical_volume": 243772.65, "trend": 7.021333, "fair_value": 8.633228, "relative_strength": -40.346047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.805088, "energy": 78.275936, "activity_lines": [ 5.442667, 5.697455, 6.200619, 6.549978 ] }, { "date": "2024-03-29", "close": 5.4, "volume": 164787, "typical_volume": 238601.4, "trend": 6.958333, "fair_value": 8.60374, "relative_strength": -40.052449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.309889, "energy": 62.032478, "activity_lines": [ 5.412667, 5.597455, 6.091381, 6.445376 ] }, { "date": "2024-04-05", "close": 5.4, "volume": 187772, "typical_volume": 235833.65, "trend": 6.871333, "fair_value": 8.573676, "relative_strength": -39.021381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.379005, "energy": 54.542028, "activity_lines": [ 5.406, 5.522364, 5.989952, 6.344839 ] }, { "date": "2024-04-12", "close": 5.13, "volume": 261050, "typical_volume": 239774.6, "trend": 6.748333, "fair_value": 8.542202, "relative_strength": -40.690501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.60989, "energy": 54.712665, "activity_lines": [ 5.312, 5.420364, 5.872667, 6.232495 ] }, { "date": "2024-04-19", "close": 5.3, "volume": 288591, "typical_volume": 240403.7, "trend": 6.646333, "fair_value": 8.51201, "relative_strength": -36.223406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.047229, "energy": 49.054215, "activity_lines": [ 5.294667, 5.369273, 5.780381, 6.139054 ] }, { "date": "2024-04-26", "close": 5.36, "volume": 391297, "typical_volume": 247126.95, "trend": 6.548667, "fair_value": 8.482202, "relative_strength": -36.547208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.17869, "energy": 44.698632, "activity_lines": [ 5.306, 5.348727, 5.70181, 6.056065 ] }, { "date": "2024-05-03", "close": 5.41, "volume": 188661, "typical_volume": 231255.4, "trend": 6.457333, "fair_value": 8.452651, "relative_strength": -35.767119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.772222, "energy": 41.89964, "activity_lines": [ 5.336667, 5.349818, 5.635476, 5.982602 ] }, { "date": "2024-05-10", "close": 5.23, "volume": 248315, "typical_volume": 224058.85, "trend": 6.365333, "fair_value": 8.421881, "relative_strength": -38.340834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.106271, "energy": 39.003843, "activity_lines": [ 5.306667, 5.324364, 5.559714, 5.903419 ] }, { "date": "2024-05-17", "close": 5.5, "volume": 200650, "typical_volume": 220460.25, "trend": 6.287, "fair_value": 8.392971, "relative_strength": -35.394203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.911263, "energy": 29.492279, "activity_lines": [ 5.378, 5.351818, 5.51981, 5.847591 ] }, { "date": "2024-05-24", "close": 5.78, "volume": 244136, "typical_volume": 221392.9, "trend": 6.230333, "fair_value": 8.365792, "relative_strength": -31.340151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.308727, "energy": 20.633578, "activity_lines": [ 5.518, 5.428909, 5.515238, 5.814882 ] }, { "date": "2024-05-31", "close": 4.93, "volume": 526534, "typical_volume": 236697.6, "trend": 6.146, "fair_value": 8.333035, "relative_strength": -40.47729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.966434, "energy": 34.112864, "activity_lines": [ 5.342667, 5.345091, 5.436857, 5.730989 ] }, { "date": "2024-06-07", "close": 4.61, "volume": 276481, "typical_volume": 241258.85, "trend": 6.065, "fair_value": 8.297843, "relative_strength": -44.283905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.999258, "energy": 43.066463, "activity_lines": [ 5.089333, 5.211636, 5.338095, 5.631892 ] }, { "date": "2024-06-14", "close": 4.55, "volume": 284698, "typical_volume": 247251.85, "trend": 5.967667, "fair_value": 8.262266, "relative_strength": -44.923461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.835426, "energy": 57.634735, "activity_lines": [ 4.869333, 5.081636, 5.243905, 5.534151 ] }, { "date": "2024-06-21", "close": 4.13, "volume": 269199, "typical_volume": 252097.3, "trend": 5.872667, "fair_value": 8.224189, "relative_strength": -49.205174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.099666, "energy": 76.667039, "activity_lines": [ 4.554667, 4.890727, 5.119571, 5.415591 ] }, { "date": "2024-06-28", "close": 4.05, "volume": 352209, "typical_volume": 260654.35, "trend": 5.775, "fair_value": 8.185663, "relative_strength": -49.078335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.654909, "energy": 80.722118, "activity_lines": [ 4.304667, 4.703455, 4.997619, 5.298 ] }, { "date": "2024-07-05", "close": 3.36, "volume": 549847, "typical_volume": 275406.1, "trend": 5.656, "fair_value": 8.142779, "relative_strength": -57.558334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.407112, "energy": 88.414755, "activity_lines": [ 3.94, 4.413455, 4.821048, 5.142194 ] }, { "date": "2024-07-12", "close": 3.77, "volume": 607709, "typical_volume": 298674.95, "trend": 5.547333, "fair_value": 8.102651, "relative_strength": -51.7835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.724204, "energy": 82.791681, "activity_lines": [ 3.816667, 4.234364, 4.696333, 5.020516 ] }, { "date": "2024-07-19", "close": 3.34, "volume": 818545, "typical_volume": 331611.25, "trend": 5.413333, "fair_value": 8.05983, "relative_strength": -55.465965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.510901, "energy": 83.904387, "activity_lines": [ 3.606, 4.006909, 4.540095, 4.878108 ] }, { "date": "2024-07-26", "close": 3.41, "volume": 798653, "typical_volume": 360342.05, "trend": 5.283, "fair_value": 8.017394, "relative_strength": -53.25332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.434758, "energy": 78.971254, "activity_lines": [ 3.499333, 3.826545, 4.400524, 4.74886 ] }, { "date": "2024-08-02", "close": 3.0, "volume": 553434, "typical_volume": 369958.6, "trend": 5.140333, "fair_value": 7.97233, "relative_strength": -57.152893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.864847, "energy": 74.787557, "activity_lines": [ 3.304, 3.609636, 4.231524, 4.60157 ] }, { "date": "2024-08-09", "close": 2.65, "volume": 781332, "typical_volume": 399695.0, "trend": 4.993667, "fair_value": 7.924958, "relative_strength": -61.345113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.450601, "energy": 78.724395, "activity_lines": [ 3.062, 3.379636, 4.040762, 4.440903 ] }, { "date": "2024-08-16", "close": 2.61, "volume": 718804, "typical_volume": 427395.85, "trend": 4.855, "fair_value": 7.877138, "relative_strength": -62.661006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.264846, "energy": 80.382305, "activity_lines": [ 2.854, 3.183818, 3.859286, 4.287118 ] }, { "date": "2024-08-23", "close": 2.68, "volume": 459831, "typical_volume": 440998.8, "trend": 4.723667, "fair_value": 7.829766, "relative_strength": -61.405946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.771305, "energy": 75.718246, "activity_lines": [ 2.746667, 3.037091, 3.697762, 4.146796 ] }, { "date": "2024-08-30", "close": 2.81, "volume": 794594, "typical_volume": 467676.0, "trend": 4.609667, "fair_value": 7.783292, "relative_strength": -58.916042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.662531, "energy": 72.163435, "activity_lines": [ 2.726667, 2.948, 3.561571, 4.023333 ] }, { "date": "2024-09-06", "close": 2.67, "volume": 372036, "typical_volume": 471848.25, "trend": 4.486, "fair_value": 7.735792, "relative_strength": -58.402005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.214796, "energy": 62.77132, "activity_lines": [ 2.7, 2.857455, 3.423095, 3.898194 ] }, { "date": "2024-09-13", "close": 2.87, "volume": 707963, "typical_volume": 487681.55, "trend": 4.38, "fair_value": 7.689317, "relative_strength": -55.93893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.86822, "energy": 56.144938, "activity_lines": [ 2.762, 2.828364, 3.31619, 3.793935 ] }, { "date": "2024-09-20", "close": 2.99, "volume": 5286766, "typical_volume": 742586.8, "trend": 4.288, "fair_value": 7.643612, "relative_strength": -53.633415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.448971, "energy": 46.530534, "activity_lines": [ 2.849333, 2.83, 3.232571, 3.704258 ] }, { "date": "2024-09-27", "close": 3.22, "volume": 2485975, "typical_volume": 854469.8, "trend": 4.214, "fair_value": 7.599317, "relative_strength": -49.139651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.613354, "energy": 37.978215, "activity_lines": [ 2.988, 2.887636, 3.182381, 3.635355 ] }, { "date": "2024-10-04", "close": 3.31, "volume": 1555739, "typical_volume": 922224.25, "trend": 4.143333, "fair_value": 7.555663, "relative_strength": -46.60894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.117198, "energy": 26.944074, "activity_lines": [ 3.120667, 2.963818, 3.150333, 3.577032 ] }, { "date": "2024-10-11", "close": 3.33, "volume": 1386747, "typical_volume": 979354.8, "trend": 4.073333, "fair_value": 7.512138, "relative_strength": -45.639811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.823094, "energy": 26.024532, "activity_lines": [ 3.226667, 3.045455, 3.130619, 3.524559 ] }, { "date": "2024-10-18", "close": 3.43, "volume": 1383085, "typical_volume": 1022182.35, "trend": 4.007667, "fair_value": 7.469189, "relative_strength": -43.139929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.379879, "energy": 22.52734, "activity_lines": [ 3.322, 3.139273, 3.132095, 3.483054 ] }, { "date": "2024-10-25", "close": 3.38, "volume": 1476437, "typical_volume": 1082180.15, "trend": 3.940333, "fair_value": 7.425599, "relative_strength": -42.068887, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.982336, "energy": 20.534079, "activity_lines": [ 3.363333, 3.209818, 3.135952, 3.442559 ] }, { "date": "2024-11-01", "close": 2.85, "volume": 1350751, "typical_volume": 1135482.8, "trend": 3.855333, "fair_value": 7.378781, "relative_strength": -49.267468, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.253184, "energy": 19.100432, "activity_lines": [ 3.202, 3.17, 3.09519, 3.372215 ] }, { "date": "2024-11-08", "close": 2.98, "volume": 971087, "typical_volume": 1170577.2, "trend": 3.783667, "fair_value": 7.332756, "relative_strength": -48.226149, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.596101, "energy": 25.843768, "activity_lines": [ 3.108667, 3.150727, 3.074905, 3.315742 ] }, { "date": "2024-11-15", "close": 3.0, "volume": 1295226, "typical_volume": 1217728.05, "trend": 3.707, "fair_value": 7.286922, "relative_strength": -45.500154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.998272, "energy": 31.611985, "activity_lines": [ 3.044, 3.132, 3.062, 3.265183 ] }, { "date": "2024-11-22", "close": 3.35, "volume": 964855, "typical_volume": 1238478.45, "trend": 3.64, "fair_value": 7.243333, "relative_strength": -38.899807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.658731, "energy": 23.924142, "activity_lines": [ 3.118, 3.170909, 3.087429, 3.242151 ] }, { "date": "2024-11-29", "close": 4.19, "volume": 2944643, "typical_volume": 1355325.15, "trend": 3.599333, "fair_value": 7.205063, "relative_strength": -23.114045, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 18.577619, "energy": 20.970402, "activity_lines": [ 3.477333, 3.353818, 3.192905, 3.277634 ] }, { "date": "2024-12-06", "close": 4.46, "volume": 1980750, "typical_volume": 1413435.4, "trend": 3.573667, "fair_value": 7.168653, "relative_strength": -17.477241, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.585983, "energy": 63.239127, "activity_lines": [ 3.872667, 3.564, 3.322095, 3.333161 ] }, { "date": "2024-12-13", "close": 4.71, "volume": 1554877, "typical_volume": 1451246.6, "trend": 3.547333, "fair_value": 7.133717, "relative_strength": -10.921048, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.279852, "energy": 78.979897, "activity_lines": [ 4.244, 3.797091, 3.469762, 3.406473 ] }, { "date": "2024-12-20", "close": 5.01, "volume": 4770382, "typical_volume": 1662094.0, "trend": 3.521667, "fair_value": 7.100576, "relative_strength": -1.914496, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.173684, "energy": 83.993337, "activity_lines": [ 4.6, 4.059273, 3.63981, 3.500839 ] }, { "date": "2024-12-27", "close": 5.41, "volume": 1165281, "typical_volume": 1681291.45, "trend": 3.537667, "fair_value": 7.069999, "relative_strength": 6.775604, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 87.683312, "energy": 94.847192, "activity_lines": [ 4.955333, 4.363636, 3.838381, 3.622667 ] }, { "date": "2025-01-03", "close": 5.62, "volume": 1072724, "typical_volume": 1698987.45, "trend": 3.571333, "fair_value": 7.040833, "relative_strength": 13.093462, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.064408, "energy": 93.949406, "activity_lines": [ 5.243333, 4.670182, 4.04381, 3.757011 ] }, { "date": "2025-01-10", "close": 4.84, "volume": 1486730, "typical_volume": 1750332.4, "trend": 3.581, "fair_value": 7.006602, "relative_strength": 0.854462, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.112319, "energy": 77.453577, "activity_lines": [ 5.176, 4.794182, 4.160619, 3.83886 ] }, { "date": "2025-01-17", "close": 4.63, "volume": 1592228, "typical_volume": 1790214.1, "trend": 3.597667, "fair_value": 6.971025, "relative_strength": -4.849664, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.877965, "energy": 57.26931, "activity_lines": [ 5.013333, 4.843818, 4.247143, 3.906538 ] }, { "date": "2025-01-24", "close": 4.81, "volume": 907027, "typical_volume": 1816963.65, "trend": 3.623, "fair_value": 6.936602, "relative_strength": -1.47996, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.334526, "energy": 47.397133, "activity_lines": [ 4.916, 4.896182, 4.342143, 3.984753 ] }, { "date": "2025-01-31", "close": 5.13, "volume": 1179357, "typical_volume": 1840533.35, "trend": 3.682, "fair_value": 6.904038, "relative_strength": 7.236939, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.340586, "energy": 37.736687, "activity_lines": [ 4.938667, 4.973818, 4.457429, 4.081978 ] }, { "date": "2025-02-07", "close": 4.63, "volume": 1070447, "typical_volume": 1629717.4, "trend": 3.710667, "fair_value": 6.868269, "relative_strength": -1.813998, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.43904, "energy": 29.15317, "activity_lines": [ 4.813333, 4.928182, 4.514333, 4.14314 ] }, { "date": "2025-02-14", "close": 4.8, "volume": 894394, "typical_volume": 1550138.35, "trend": 3.759333, "fair_value": 6.833525, "relative_strength": 1.391841, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.285014, "energy": 27.668143, "activity_lines": [ 4.810667, 4.905455, 4.579619, 4.213419 ] }, { "date": "2025-02-21", "close": 4.17, "volume": 743539, "typical_volume": 1509528.35, "trend": 3.784667, "fair_value": 6.794743, "relative_strength": -9.470152, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.088176, "energy": 17.450001, "activity_lines": [ 4.600667, 4.762, 4.577381, 4.239914 ] }, { "date": "2025-02-28", "close": 4.11, "volume": 2049993, "typical_volume": 1542690.65, "trend": 3.821667, "fair_value": 6.755576, "relative_strength": -9.035996, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.992037, "energy": 17.685322, "activity_lines": [ 4.401333, 4.617455, 4.565333, 4.260903 ] }, { "date": "2025-03-07", "close": 3.95, "volume": 1040032, "typical_volume": 1525538.0, "trend": 3.865, "fair_value": 6.715352, "relative_strength": -8.909551, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.595922, "energy": 14.058002, "activity_lines": [ 4.195333, 4.460182, 4.534333, 4.269183 ] }, { "date": "2025-03-14", "close": 3.19, "volume": 1520252, "typical_volume": 1527728.75, "trend": 3.884333, "fair_value": 6.67016, "relative_strength": -23.731592, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.083706, "energy": 36.713166, "activity_lines": [ 3.814667, 4.191273, 4.428476, 4.225634 ] }, { "date": "2025-03-21", "close": 3.58, "volume": 1754623, "typical_volume": 1547922.35, "trend": 3.914333, "fair_value": 6.627467, "relative_strength": -13.920467, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.466427, "energy": 45.029211, "activity_lines": [ 3.66, 4.037455, 4.360667, 4.206 ] }, { "date": "2025-03-28", "close": 3.49, "volume": 811464, "typical_volume": 1539941.2, "trend": 3.937, "fair_value": 6.58407, "relative_strength": -13.890718, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.770419, "energy": 52.657399, "activity_lines": [ 3.556667, 3.890182, 4.28081, 4.178624 ] }, { "date": "2025-04-04", "close": 3.33, "volume": 1275660, "typical_volume": 1538962.9, "trend": 3.959, "fair_value": 6.539551, "relative_strength": -8.693546, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.912781, "energy": 53.528353, "activity_lines": [ 3.445333, 3.734545, 4.183286, 4.139462 ] }, { "date": "2025-04-11", "close": 3.61, "volume": 1186104, "typical_volume": 1550025.35, "trend": 3.983667, "fair_value": 6.496858, "relative_strength": -5.470779, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.984989, "energy": 38.256885, "activity_lines": [ 3.479333, 3.656727, 4.110857, 4.116946 ] }, { "date": "2025-04-18", "close": 3.63, "volume": 616197, "typical_volume": 1433603.05, "trend": 4.005, "fair_value": 6.45423, "relative_strength": -2.554116, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.173595, "energy": 29.044086, "activity_lines": [ 3.542667, 3.610182, 4.039095, 4.094129 ] }, { "date": "2025-04-25", "close": 3.65, "volume": 533136, "typical_volume": 1361222.35, "trend": 4.019333, "fair_value": 6.41173, "relative_strength": -5.286108, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.773766, "energy": 24.103195, "activity_lines": [ 3.583333, 3.585455, 3.971905, 4.071226 ] }, { "date": "2025-05-02", "close": 3.82, "volume": 848864, "typical_volume": 1325921.7, "trend": 4.036333, "fair_value": 6.371089, "relative_strength": -2.630528, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.919705, "energy": 13.95178, "activity_lines": [ 3.676, 3.612545, 3.924762, 4.058366 ] }, { "date": "2025-05-09", "close": 3.88, "volume": 580853, "typical_volume": 1116445.25, "trend": 4.054667, "fair_value": 6.355256, "relative_strength": 0.240154, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.565098, "energy": 18.432654, "activity_lines": [ 3.766667, 3.656909, 3.887571, 4.04828 ] }, { "date": "2025-05-16", "close": 4.65, "volume": 1406730, "typical_volume": 1128517.7, "trend": 4.095333, "fair_value": 6.328204, "relative_strength": 14.964682, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -5.014371, "energy": 12.582209, "activity_lines": [ 4.077333, 3.845455, 3.929095, 4.086688 ] }, { "date": "2025-05-23", "close": 4.38, "volume": 694819, "typical_volume": 1109622.45, "trend": 4.128667, "fair_value": 6.296474, "relative_strength": 12.218252, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.153535, "energy": 21.240309, "activity_lines": [ 4.228667, 3.972182, 3.948524, 4.105054 ] }, { "date": "2025-05-30", "close": 5.4, "volume": 1244980, "typical_volume": 1097534.95, "trend": 4.213667, "fair_value": 6.267243, "relative_strength": 36.056553, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 41.339937, "energy": 45.618047, "activity_lines": [ 4.67, 4.262727, 4.071, 4.187075 ] }, { "date": "2025-06-06", "close": 5.45, "volume": 745786, "typical_volume": 1055212.85, "trend": 4.296, "fair_value": 6.253012, "relative_strength": 34.945323, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.496938, "energy": 61.807, "activity_lines": [ 5.011333, 4.529273, 4.195571, 4.266839 ] }, { "date": "2025-06-13", "close": 5.07, "volume": 1201467, "typical_volume": 1069934.85, "trend": 4.365, "fair_value": 6.23782, "relative_strength": 25.985106, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.354648, "energy": 59.000803, "activity_lines": [ 5.117333, 4.691091, 4.280048, 4.316774 ] }, { "date": "2025-06-20", "close": 5.26, "volume": 1983205, "typical_volume": 1110127.25, "trend": 4.428667, "fair_value": 6.230897, "relative_strength": 30.481726, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.036715, "energy": 63.159493, "activity_lines": [ 5.207333, 4.855818, 4.381381, 4.374516 ] }, { "date": "2025-06-27", "close": 6.69, "volume": 2875488, "typical_volume": 1200379.3, "trend": 4.512, "fair_value": 6.231474, "relative_strength": 58.880348, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.078479, "energy": 83.070448, "activity_lines": [ 5.733333, 5.250545, 4.618286, 4.520409 ] }, { "date": "2025-07-04", "close": 7.35, "volume": 2148386, "typical_volume": 1263078.9, "trend": 4.608333, "fair_value": 6.238717, "relative_strength": 68.976144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.627802, "energy": 89.484262, "activity_lines": [ 6.325333, 5.709636, 4.908238, 4.703505 ] }, { "date": "2025-07-11", "close": 7.05, "volume": 1726184, "typical_volume": 1312211.15, "trend": 4.686333, "fair_value": 6.240897, "relative_strength": 60.533805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.389662, "energy": 88.693026, "activity_lines": [ 6.687333, 6.046909, 5.157476, 4.861032 ] }, { "date": "2025-07-18", "close": 6.9, "volume": 3316720, "typical_volume": 1375547.5, "trend": 4.749333, "fair_value": 6.231858, "relative_strength": 54.092167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.585691, "energy": 85.299375, "activity_lines": [ 6.892667, 6.298182, 5.378714, 5.003849 ] }, { "date": "2025-07-25", "close": 6.96, "volume": 3217065, "typical_volume": 1484399.15, "trend": 4.801, "fair_value": 6.227179, "relative_strength": 51.241198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.548915, "energy": 77.097145, "activity_lines": [ 6.996, 6.505455, 5.592381, 5.146473 ] }, { "date": "2025-08-01", "close": 6.32, "volume": 1724854, "typical_volume": 1494629.25, "trend": 4.824333, "fair_value": 6.21923, "relative_strength": 39.077725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.478023, "energy": 53.188234, "activity_lines": [ 6.772667, 6.554364, 5.730762, 5.244473 ] }, { "date": "2025-08-08", "close": 5.86, "volume": 2616032, "typical_volume": 1537699.7, "trend": 4.858333, "fair_value": 6.207179, "relative_strength": 24.462849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.863853, "energy": 35.915664, "activity_lines": [ 6.420667, 6.484364, 5.810429, 5.31129 ] }, { "date": "2025-08-15", "close": 4.62, "volume": 8734862, "typical_volume": 1933869.6, "trend": 4.858, "fair_value": 6.189487, "relative_strength": -3.435114, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.875243, "energy": 18.239972, "activity_lines": [ 5.754667, 6.180545, 5.761143, 5.295914 ] }, { "date": "2025-08-22", "close": 4.03, "volume": 7917385, "typical_volume": 2265955.85, "trend": 4.832, "fair_value": 6.171153, "relative_strength": -16.318035, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.860948, "energy": 22.187773, "activity_lines": [ 5.054, 5.784545, 5.650286, 5.242495 ] }, { "date": "2025-08-29", "close": 3.93, "volume": 5043551, "typical_volume": 2458828.2, "trend": 4.792, "fair_value": 6.156089, "relative_strength": -18.580974, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.621433, "energy": 40.951339, "activity_lines": [ 4.511333, 5.389273, 5.526571, 5.184301 ] }, { "date": "2025-09-05", "close": 3.92, "volume": 4233518, "typical_volume": 2639694.25, "trend": 4.768333, "fair_value": 6.131794, "relative_strength": -19.281568, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.718787, "energy": 47.506015, "activity_lines": [ 4.167333, 5.016364, 5.400381, 5.128043 ] }, { "date": "2025-09-12", "close": 3.9, "volume": 5875241, "typical_volume": 2906799.5, "trend": 4.738333, "fair_value": 6.08564, "relative_strength": -21.089887, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.526115, "energy": 61.043118, "activity_lines": [ 3.976667, 4.690182, 5.270905, 5.072022 ] }, { "date": "2025-09-19", "close": 4.0, "volume": 11109638, "typical_volume": 3419838.2, "trend": 4.732667, "fair_value": 6.035769, "relative_strength": -20.196913, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.989534, "energy": 58.458138, "activity_lines": [ 3.95, 4.444909, 5.149762, 5.024387 ] }, { "date": "2025-09-26", "close": 3.88, "volume": 6696215, "typical_volume": 3725606.3, "trend": 4.725, "fair_value": 6.00141, "relative_strength": -22.40269, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.053621, "energy": 51.072752, "activity_lines": [ 3.924667, 4.233273, 5.016333, 4.969376 ] }, { "date": "2025-10-03", "close": 4.59, "volume": 7581831, "typical_volume": 4034361.35, "trend": 4.746333, "fair_value": 5.981858, "relative_strength": -9.450148, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.188535, "energy": 32.623814, "activity_lines": [ 4.146, 4.205636, 4.950524, 4.960667 ] }, { "date": "2025-10-10", "close": 4.55, "volume": 10436949, "typical_volume": 4521467.85, "trend": 4.791667, "fair_value": 5.959807, "relative_strength": -8.282231, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.142174, "energy": 20.942777, "activity_lines": [ 4.31, 4.213818, 4.88119, 4.948 ] }, { "date": "2025-10-17", "close": 4.35, "volume": 5762368, "typical_volume": 4747337.25, "trend": 4.817333, "fair_value": 5.924935, "relative_strength": -13.947048, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.211915, "energy": 15.572314, "activity_lines": [ 4.365333, 4.217818, 4.792, 4.919505 ] }, { "date": "2025-10-24", "close": 4.43, "volume": 4111151, "typical_volume": 4915605.5, "trend": 4.848667, "fair_value": 5.885704, "relative_strength": -14.165916, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.216191, "energy": 12.966959, "activity_lines": [ 4.417333, 4.263818, 4.715429, 4.894516 ] }, { "date": "2025-10-31", "close": 4.36, "volume": 4535723, "typical_volume": 5082318.3, "trend": 4.883, "fair_value": 5.845512, "relative_strength": -16.400877, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.459691, "energy": 20.960262, "activity_lines": [ 4.417333, 4.300545, 4.637048, 4.862989 ] }, { "date": "2025-11-07", "close": 4.13, "volume": 6805747, "typical_volume": 5323445.4, "trend": 4.900333, "fair_value": 5.806217, "relative_strength": -19.726811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.718236, "energy": 28.055181, "activity_lines": [ 4.308667, 4.289455, 4.540143, 4.814409 ] }, { "date": "2025-11-14", "close": 4.1, "volume": 7025208, "typical_volume": 5530931.4, "trend": 4.916, "fair_value": 5.771666, "relative_strength": -20.606586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.751154, "energy": 41.904369, "activity_lines": [ 4.220667, 4.269273, 4.445762, 4.762774 ] }, { "date": "2025-11-21", "close": 3.64, "volume": 5095808, "typical_volume": 5678302.5, "trend": 4.915667, "fair_value": 5.741217, "relative_strength": -28.103802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.269196, "energy": 65.38324, "activity_lines": [ 4.009333, 4.162182, 4.319905, 4.680452 ] }, { "date": "2025-11-28", "close": 3.94, "volume": 3942500, "typical_volume": 5789118.3, "trend": 4.919667, "fair_value": 5.713589, "relative_strength": -24.71247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.061833, "energy": 64.300175, "activity_lines": [ 3.945333, 4.114364, 4.240286, 4.617505 ] }, { "date": "2025-12-05", "close": 4.85, "volume": 11607901, "typical_volume": 6203677.35, "trend": 4.952, "fair_value": 5.693397, "relative_strength": -7.552519, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.409547, "energy": 27.924527, "activity_lines": [ 4.217333, 4.233091, 4.262143, 4.613011 ] }, { "date": "2025-12-12", "close": 4.64, "volume": 4850081, "typical_volume": 6285328.15, "trend": 4.951667, "fair_value": 5.676025, "relative_strength": -10.802582, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.421533, "energy": 14.472572, "activity_lines": [ 4.386667, 4.296, 4.273762, 4.592882 ] }, { "date": "2025-12-19", "close": 4.8, "volume": 14253680, "typical_volume": 6911769.45, "trend": 4.965667, "fair_value": 5.658781, "relative_strength": -7.48437, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.55204, "energy": 13.823237, "activity_lines": [ 4.575333, 4.387091, 4.311667, 4.583097 ] }, { "date": "2025-12-26", "close": 4.25, "volume": 5608009, "typical_volume": 7061368.3, "trend": 4.927333, "fair_value": 5.639871, "relative_strength": -18.613967, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.577516, "energy": 17.868411, "activity_lines": [ 4.534, 4.373636, 4.304429, 4.536925 ] }, { "date": "2026-01-02", "close": 4.19, "volume": 3891389, "typical_volume": 6819194.65, "trend": 4.885333, "fair_value": 5.617692, "relative_strength": -18.202385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.041166, "energy": 13.378591, "activity_lines": [ 4.432, 4.351091, 4.299143, 4.489355 ] }, { "date": "2026-01-09", "close": 4.54, "volume": 5110641, "typical_volume": 6678857.45, "trend": 4.867667, "fair_value": 5.596474, "relative_strength": -12.335629, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.355307, "energy": 7.035689, "activity_lines": [ 4.43, 4.396545, 4.329238, 4.467075 ] }, { "date": "2026-01-16", "close": 4.52, "volume": 5380360, "typical_volume": 6695697.9, "trend": 4.843, "fair_value": 5.578397, "relative_strength": -12.122449, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.928806, "energy": 8.106545, "activity_lines": [ 4.442, 4.435091, 4.355, 4.444645 ] }, { "date": "2026-01-23", "close": 4.48, "volume": 3521037, "typical_volume": 6660073.85, "trend": 4.769333, "fair_value": 5.556987, "relative_strength": -12.251712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.889497, "energy": 9.64735, "activity_lines": [ 4.448667, 4.459273, 4.374143, 4.421226 ] }, { "date": "2026-01-30", "close": 3.94, "volume": 5129704, "typical_volume": 6622797.0, "trend": 4.655667, "fair_value": 5.537949, "relative_strength": -22.544911, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.869664, "energy": 18.824814, "activity_lines": [ 4.296667, 4.378364, 4.33919, 4.36772 ] }, { "date": "2026-02-06", "close": 3.32, "volume": 8589043, "typical_volume": 6496767.25, "trend": 4.531333, "fair_value": 5.519103, "relative_strength": -34.090203, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.54445, "energy": 52.302837, "activity_lines": [ 3.958667, 4.179273, 4.245, 4.281548 ] }, { "date": "2026-02-13", "close": 3.01, "volume": 6821321, "typical_volume": 6503022.55, "trend": 4.401667, "fair_value": 5.498654, "relative_strength": -38.895064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.070224, "energy": 73.779812, "activity_lines": [ 3.575333, 3.935091, 4.124524, 4.183398 ] }, { "date": "2026-02-20", "close": 3.1, "volume": 2809122, "typical_volume": 6264387.1, "trend": 4.273, "fair_value": 5.482564, "relative_strength": -37.34622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.837858, "energy": 79.390378, "activity_lines": [ 3.324, 3.740727, 4.016762, 4.099419 ] }, { "date": "2026-02-27", "close": 3.0, "volume": 5408978, "typical_volume": 6012988.55, "trend": 4.162333, "fair_value": 5.460769, "relative_strength": -38.631619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.834752, "energy": 81.972991, "activity_lines": [ 3.134, 3.556182, 3.906571, 4.01729 ] }, { "date": "2026-03-06", "close": 2.92, "volume": 4871741, "typical_volume": 5968457.2, "trend": 4.064333, "fair_value": 5.44359, "relative_strength": -38.629088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.414455, "energy": 86.273721, "activity_lines": [ 3.016, 3.389818, 3.796143, 3.93714 ] }, { "date": "2026-03-13", "close": 2.76, "volume": 6124728, "typical_volume": 6069136.05, "trend": 4.002333, "fair_value": 5.422628, "relative_strength": -40.856258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.799499, "energy": 85.750117, "activity_lines": [ 2.912667, 3.218545, 3.677286, 3.852989 ] }, { "date": "2026-03-20", "close": 2.4, "volume": 8377366, "typical_volume": 6261218.2, "trend": 3.948, "fair_value": 5.398077, "relative_strength": -47.237197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.88304, "energy": 89.989264, "activity_lines": [ 2.726667, 3.007818, 3.532095, 3.749613 ] }, { "date": "2026-03-27", "close": 2.43, "volume": 7212758, "typical_volume": 6281568.75, "trend": 3.898, "fair_value": 5.367244, "relative_strength": -44.977426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.640612, "energy": 88.956591, "activity_lines": [ 2.591333, 2.841455, 3.399095, 3.651677 ] }, { "date": "2026-04-03", "close": 2.64, "volume": 5338537, "typical_volume": 6197235.2, "trend": 3.855333, "fair_value": 5.338462, "relative_strength": -41.779468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.03525, "energy": 79.10379, "activity_lines": [ 2.570667, 2.751273, 3.29419, 3.570516 ] }, { "date": "2026-04-10", "close": 2.7, "volume": 4656687, "typical_volume": 6175279.15, "trend": 3.815333, "fair_value": 5.309295, "relative_strength": -42.065423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.119697, "energy": 71.098135, "activity_lines": [ 2.594, 2.705455, 3.201952, 3.495978 ] }, { "date": "2026-04-17", "close": 2.94, "volume": 7535930, "typical_volume": 6354950.65, "trend": 3.78, "fair_value": 5.280128, "relative_strength": -39.157517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.031276, "energy": 53.524363, "activity_lines": [ 2.712, 2.725818, 3.137048, 3.439505 ] }, { "date": "2026-04-24", "close": 2.77, "volume": 8756951, "typical_volume": 6212403.15, "trend": 3.743, "fair_value": 5.247885, "relative_strength": -42.52186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.206943, "energy": 40.786976, "activity_lines": [ 2.761333, 2.722182, 3.060714, 3.374344 ] }, { "date": "2026-05-01", "close": 2.9, "volume": 5476265, "typical_volume": 6243712.35, "trend": 3.686667, "fair_value": 5.218974, "relative_strength": -39.90642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.133376, "energy": 34.344933, "activity_lines": [ 2.829333, 2.746545, 3.006667, 3.319957 ] }, { "date": "2026-05-08", "close": 3.23, "volume": 7697349, "typical_volume": 5915895.8, "trend": 3.642667, "fair_value": 5.188205, "relative_strength": -34.120843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.495961, "energy": 25.121253, "activity_lines": [ 2.976, 2.834545, 2.992333, 3.290495 ] }, { "date": "2026-05-15", "close": 2.99, "volume": 5741752, "typical_volume": 5922582.95, "trend": 3.597333, "fair_value": 5.151538, "relative_strength": -38.45461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.560534, "energy": 22.093747, "activity_lines": [ 3.003333, 2.874727, 2.962619, 3.248387 ] }, { "date": "2026-05-22", "close": 3.05, "volume": 4782845, "typical_volume": 5967155.75, "trend": 3.551333, "fair_value": 5.117436, "relative_strength": -37.109313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.777333, "energy": 20.981261, "activity_lines": [ 3.031333, 2.924545, 2.944619, 3.213075 ] }, { "date": "2026-05-29", "close": 3.45, "volume": 5371405, "typical_volume": 5980193.95, "trend": 3.521, "fair_value": 5.086859, "relative_strength": -28.891192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.643541, "energy": 15.318707, "activity_lines": [ 3.185333, 3.041818, 2.970143, 3.206538 ] }, { "date": "2026-06-05", "close": 2.86, "volume": 4984454, "typical_volume": 5960398.65, "trend": 3.478667, "fair_value": 5.051923, "relative_strength": -38.558199, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.080393, "energy": 14.477559, "activity_lines": [ 3.097333, 3.032727, 2.944667, 3.163892 ] }, { "date": "2026-06-12", "close": 2.71, "volume": 4949496, "typical_volume": 6031821.6, "trend": 3.432333, "fair_value": 5.006218, "relative_strength": -41.226278, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.788232, "energy": 20.715249, "activity_lines": [ 2.962, 2.988545, 2.91281, 3.114301 ] }, { "date": "2026-06-19", "close": 2.83, "volume": 4224499, "typical_volume": 5986561.35, "trend": 3.405333, "fair_value": 4.955577, "relative_strength": -38.20515, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.566307, "energy": 22.159647, "activity_lines": [ 2.901333, 2.964909, 2.90081, 3.075441 ] }, { "date": "2026-06-26", "close": 2.43, "volume": 8349946, "typical_volume": 5974606.5, "trend": 3.355, "fair_value": 4.903974, "relative_strength": -44.308639, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.799976, "energy": 45.657955, "activity_lines": [ 2.718, 2.866182, 2.856, 3.012516 ] }, { "date": "2026-07-03", "close": 2.6, "volume": 3988285, "typical_volume": 5832954.7, "trend": 3.28, "fair_value": 4.854744, "relative_strength": -40.059573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.51592, "energy": 52.848888, "activity_lines": [ 2.632667, 2.807636, 2.831619, 2.963806 ] }, { "date": "2026-07-10", "close": 2.42, "volume": 4811310, "typical_volume": 5933064.1, "trend": 3.206, "fair_value": 4.805192, "relative_strength": -43.424456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.092888, "energy": 58.960447, "activity_lines": [ 2.544, 2.719455, 2.792048, 2.908323 ] }, { "date": "2026-07-17", "close": 2.18, "volume": 5623334, "typical_volume": 5943781.9, "trend": 3.118667, "fair_value": 4.756987, "relative_strength": -46.756946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.883502, "energy": 69.186137, "activity_lines": [ 2.404667, 2.596364, 2.732857, 2.842129 ] }, { "date": "2026-07-24", "close": 2.29, "volume": 5184492, "typical_volume": 5959419.45, "trend": 3.053333, "fair_value": 4.714103, "relative_strength": -42.135142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.787556, "energy": 60.953862, "activity_lines": [ 2.337333, 2.512364, 2.688048, 2.788667 ] }, { "date": "2026-07-31", "close": 2.32, "volume": 4179324, "typical_volume": 5862149.25, "trend": 2.991, "fair_value": 4.674936, "relative_strength": -40.479924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.453642, "energy": 53.13147, "activity_lines": [ 2.316, 2.446545, 2.649095, 2.741355 ] }, { "date": "2026-08-07", "close": 2.76, "volume": 7235217, "typical_volume": 5805041.8, "trend": 2.931667, "fair_value": 4.638141, "relative_strength": -30.117964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.893331, "energy": 35.082417, "activity_lines": [ 2.448667, 2.474, 2.654143, 2.726452 ] } ], "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." } } }