{ "ticker": { "uuid": "c41b3ae9-c1d2-45b5-adad-0ad9b44f3cc2", "symbol": "SIGA", "name": "SIGA Technologies Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "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": "Established contraction", "architecture_gate": "down", "architecture_direction": -78.034, "architecture_energy": 87.672, "architecture_maturity": 66.0, "architecture_confidence": 83.437, "architecture_tenure": "Established", "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": 0.17, "rotation_up": 9.86, "upward_expansion": 20.63, "deceleration": 37.81, "rotation_down": 83.34, "downward_expansion": 98.63 }, "activity_lines": [ 3.208667, 3.478364, 3.883307, 4.166995 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 3.05, "trend_reference": 4.613737, "distance_from_trend": -0.338931, "trend_direction": "Weakening", "fair_value": 5.314428, "distance_from_fair_value": -0.426091, "fair_value_direction": "Weakening", "relative_strength": -52.108562, "relative_strength_direction": "Weakening", "price_momentum": -0.484482, "excess_performance": -0.671935, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.338931, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.115237, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.426091, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.327884, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.521086, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.188416, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.484482, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.524093, "read": "Supply-led" } ], "volume": { "latest": 2574251, "relative_activity": 0.83317, "balance": 0.524093, "dry_up": 1.271266, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.135435, "annualized_volatility": 0.458245, "from_high_reference": -0.640959, "from_low_reference": 0.013289 }, "levels": { "trend_reference": 4.613737, "fair_value_reference": 5.314428, "structural_low": 3.01, "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": 29, "median_return": -0.005864, "positive_rate": 0.448276, "directional_follow_through": 0.517241, "median_excess_return": -0.015255, "regime_survival": 0.758621, "best_return": 0.17108, "worst_return": -0.206633, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.100433, "positive_rate": 0.363636, "directional_follow_through": 0.636364, "median_excess_return": -0.119567, "regime_survival": 0.545455, "best_return": 0.610007, "worst_return": -0.232456, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.00177, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.035272, "regime_survival": 0.285714, "best_return": 1.11161, "worst_return": -0.331235, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.324362, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.096484, "regime_survival": 0.0, "best_return": 1.358298, "worst_return": -0.384405, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-01", "end": "2024-03-08", "tenure": "New", "return": -0.067179, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-05-24", "tenure": "Developing", "return": 0.090866, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-31", "end": "2024-07-19", "tenure": "Developing", "return": 0.247326, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-09-06", "tenure": "Developing", "return": -0.26711, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-13", "end": "2024-10-11", "tenure": "Developing", "return": -0.13038, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-18", "end": "2025-04-25", "tenure": "Extended", "return": -0.060694, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.063943, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.076142, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-10-17", "tenure": "Established", "return": 0.356209, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.018957, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-12-26", "tenure": "Developing", "return": -0.041284, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": 0.082935, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": -0.041481, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-08-07", "tenure": "Established", "return": -0.404487, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.469466, "volume": 4144270, "typical_volume": 4187321.1, "trend": 4.143524, "fair_value": 5.302141, "relative_strength": -44.198536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.256131, "energy": 25.647406, "activity_lines": [ 3.821138, 3.831403, 3.931549, 3.990783 ] }, { "date": "2023-08-25", "close": 3.454543, "volume": 2261033, "typical_volume": 4178080.3, "trend": 4.087652, "fair_value": 5.294483, "relative_strength": -43.600807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.097831, "energy": 41.101767, "activity_lines": [ 3.678877, 3.755977, 3.880133, 3.946332 ] }, { "date": "2023-09-01", "close": 3.454543, "volume": 1594346, "typical_volume": 4127847.0, "trend": 4.034089, "fair_value": 5.289064, "relative_strength": -44.029153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.776585, "energy": 61.043327, "activity_lines": [ 3.556016, 3.696422, 3.831819, 3.905486 ] }, { "date": "2023-09-08", "close": 3.335164, "volume": 2733130, "typical_volume": 4105981.1, "trend": 3.988548, "fair_value": 5.283464, "relative_strength": -43.747703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.808884, "energy": 70.073157, "activity_lines": [ 3.438129, 3.622353, 3.775304, 3.860394 ] }, { "date": "2023-09-15", "close": 3.409776, "volume": 3550279, "typical_volume": 4147530.75, "trend": 3.940647, "fair_value": 5.274119, "relative_strength": -40.835214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.314848, "energy": 66.153097, "activity_lines": [ 3.408781, 3.569717, 3.728839, 3.823054 ] }, { "date": "2023-09-22", "close": 3.514233, "volume": 1792975, "typical_volume": 4048930.4, "trend": 3.898997, "fair_value": 5.267199, "relative_strength": -35.628809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.333258, "energy": 56.341765, "activity_lines": [ 3.438626, 3.540686, 3.695308, 3.795544 ] }, { "date": "2023-09-29", "close": 3.917139, "volume": 2617076, "typical_volume": 3877406.65, "trend": 3.882087, "fair_value": 5.263741, "relative_strength": -26.851377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.737031, "energy": 21.420537, "activity_lines": [ 3.599788, 3.587896, 3.702966, 3.796714 ] }, { "date": "2023-10-06", "close": 4.006673, "volume": 2699584, "typical_volume": 3743235.75, "trend": 3.890549, "fair_value": 5.259979, "relative_strength": -25.268321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.837848, "energy": 13.457857, "activity_lines": [ 3.759956, 3.648264, 3.719985, 3.804752 ] }, { "date": "2023-10-13", "close": 4.058902, "volume": 1756215, "typical_volume": 3690787.95, "trend": 3.899829, "fair_value": 5.257304, "relative_strength": -23.051531, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.612134, "energy": 18.543886, "activity_lines": [ 3.900724, 3.720298, 3.743008, 3.815614 ] }, { "date": "2023-10-20", "close": 3.849988, "volume": 1701177, "typical_volume": 3675582.1, "trend": 3.895682, "fair_value": 5.253457, "relative_strength": -23.61647, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.75581, "energy": 20.947394, "activity_lines": [ 3.923605, 3.758554, 3.746881, 3.812398 ] }, { "date": "2023-10-27", "close": 3.715686, "volume": 1550163, "typical_volume": 3546340.5, "trend": 3.886828, "fair_value": 5.250548, "relative_strength": -23.033079, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.328258, "energy": 17.113916, "activity_lines": [ 3.872372, 3.771035, 3.739526, 3.800785 ] }, { "date": "2023-11-03", "close": 3.820143, "volume": 1466018, "typical_volume": 3476705.15, "trend": 3.877302, "fair_value": 5.245004, "relative_strength": -24.244642, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.829926, "energy": 11.838999, "activity_lines": [ 3.842527, 3.798031, 3.744252, 3.796483 ] }, { "date": "2023-11-10", "close": 3.67838, "volume": 2841642, "typical_volume": 3524084.75, "trend": 3.862588, "fair_value": 5.236753, "relative_strength": -27.797357, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.318332, "energy": 14.674066, "activity_lines": [ 3.771894, 3.792604, 3.737892, 3.783649 ] }, { "date": "2023-11-17", "close": 3.887294, "volume": 1982492, "typical_volume": 3489519.7, "trend": 3.860378, "fair_value": 5.231054, "relative_strength": -23.876473, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.640238, "energy": 11.42842, "activity_lines": [ 3.792785, 3.821093, 3.752246, 3.785243 ] }, { "date": "2023-11-24", "close": 4.208126, "volume": 1335105, "typical_volume": 3443108.4, "trend": 3.866092, "fair_value": 5.228415, "relative_strength": -17.049366, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.3991, "energy": 19.604224, "activity_lines": [ 3.932061, 3.897875, 3.796587, 3.807679 ] }, { "date": "2023-12-01", "close": 4.185742, "volume": 1836445, "typical_volume": 3451493.5, "trend": 3.868752, "fair_value": 5.226051, "relative_strength": -16.358725, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.922705, "energy": 38.906083, "activity_lines": [ 4.04, 3.956073, 3.836202, 3.828301 ] }, { "date": "2023-12-08", "close": 4.66326, "volume": 3270299, "typical_volume": 3523526.05, "trend": 3.887791, "fair_value": 5.226832, "relative_strength": -6.211006, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.34378, "energy": 64.226065, "activity_lines": [ 4.275774, 4.088882, 3.91888, 3.87956 ] }, { "date": "2023-12-15", "close": 4.148436, "volume": 3093711, "typical_volume": 2579799.65, "trend": 3.885304, "fair_value": 5.222682, "relative_strength": -18.135578, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.947857, "energy": 63.797001, "activity_lines": [ 4.283733, 4.114522, 3.948156, 3.896376 ] }, { "date": "2023-12-22", "close": 4.252893, "volume": 1490662, "typical_volume": 2366021.85, "trend": 3.886548, "fair_value": 5.219243, "relative_strength": -15.59278, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.210398, "energy": 59.178808, "activity_lines": [ 4.295173, 4.156576, 3.987274, 3.920091 ] }, { "date": "2023-12-29", "close": 4.178281, "volume": 974676, "typical_volume": 2234564.9, "trend": 3.886548, "fair_value": 5.215618, "relative_strength": -16.163581, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.844818, "energy": 49.185577, "activity_lines": [ 4.25737, 4.181537, 4.019464, 3.938913 ] }, { "date": "2024-01-05", "close": 4.297661, "volume": 1323387, "typical_volume": 2093520.75, "trend": 3.891024, "fair_value": 5.211169, "relative_strength": -9.86095, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.790786, "energy": 32.928276, "activity_lines": [ 4.261349, 4.222234, 4.061105, 3.965436 ] }, { "date": "2024-01-12", "close": 4.014135, "volume": 1469463, "typical_volume": 2053942.25, "trend": 3.880579, "fair_value": 5.206492, "relative_strength": -16.967134, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.178779, "energy": 21.936682, "activity_lines": [ 4.163359, 4.200801, 4.071799, 3.973379 ] }, { "date": "2024-01-19", "close": 3.827604, "volume": 1112993, "typical_volume": 2029874.6, "trend": 3.879833, "fair_value": 5.201665, "relative_strength": -21.78255, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.43208, "energy": 13.971887, "activity_lines": [ 4.046467, 4.141925, 4.062064, 3.969961 ] }, { "date": "2024-01-26", "close": 3.775376, "volume": 1574312, "typical_volume": 1971933.7, "trend": 3.880081, "fair_value": 5.198846, "relative_strength": -22.230671, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.791865, "energy": 15.128425, "activity_lines": [ 3.933554, 4.07084, 4.045578, 3.963222 ] }, { "date": "2024-02-02", "close": 3.476927, "volume": 1590143, "typical_volume": 1873926.9, "trend": 3.873864, "fair_value": 5.192692, "relative_strength": -28.217328, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.603861, "energy": 32.224729, "activity_lines": [ 3.752992, 3.947526, 3.998573, 3.937212 ] }, { "date": "2024-02-09", "close": 3.655996, "volume": 2504403, "typical_volume": 1909498.3, "trend": 3.873118, "fair_value": 5.189316, "relative_strength": -24.959214, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.970908, "energy": 38.446609, "activity_lines": [ 3.678877, 3.870065, 3.968301, 3.923156 ] }, { "date": "2024-02-16", "close": 3.842527, "volume": 1672305, "typical_volume": 1862259.75, "trend": 3.876351, "fair_value": 5.187304, "relative_strength": -18.925337, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.485635, "energy": 35.238949, "activity_lines": [ 3.709717, 3.836151, 3.95512, 3.921182 ] }, { "date": "2024-02-23", "close": 3.969367, "volume": 971796, "typical_volume": 1775870.35, "trend": 3.871128, "fair_value": 5.186314, "relative_strength": -16.366305, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.615146, "energy": 21.71497, "activity_lines": [ 3.794277, 3.84022, 3.954374, 3.927183 ] }, { "date": "2024-03-01", "close": 3.887294, "volume": 1407923, "typical_volume": 1758455.75, "trend": 3.857698, "fair_value": 5.183417, "relative_strength": -18.836266, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.531766, "energy": 4.892087, "activity_lines": [ 3.842029, 3.832624, 3.945989, 3.928226 ] }, { "date": "2024-03-08", "close": 3.626151, "volume": 1050428, "typical_volume": 1725918.3, "trend": 3.852724, "fair_value": 5.177592, "relative_strength": -22.48153, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.811474, "energy": 8.481601, "activity_lines": [ 3.795272, 3.784193, 3.91355, 3.913288 ] }, { "date": "2024-03-15", "close": 5.469072, "volume": 10987461, "typical_volume": 2197783.2, "trend": 3.919377, "fair_value": 5.184124, "relative_strength": 18.260433, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.354355, "energy": 58.212754, "activity_lines": [ 4.352874, 4.080879, 4.057694, 4.017568 ] }, { "date": "2024-03-22", "close": 6.536026, "volume": 8430654, "typical_volume": 2546015.0, "trend": 4.022093, "fair_value": 5.197997, "relative_strength": 36.769769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.167094, "energy": 92.814321, "activity_lines": [ 5.145255, 4.550257, 4.295103, 4.186384 ] }, { "date": "2024-03-29", "close": 6.845733, "volume": 4012966, "typical_volume": 2604581.2, "trend": 4.135133, "fair_value": 5.21419, "relative_strength": 43.261238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.896005, "energy": 97.15868, "activity_lines": [ 5.861305, 5.030093, 4.549075, 4.368555 ] }, { "date": "2024-04-05", "close": 7.261595, "volume": 7331862, "typical_volume": 2872049.7, "trend": 4.266014, "fair_value": 5.231041, "relative_strength": 52.235885, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.932508, "energy": 96.030278, "activity_lines": [ 6.524219, 5.530666, 4.82757, 4.570262 ] }, { "date": "2024-04-12", "close": 7.045667, "volume": 3689465, "typical_volume": 2989767.7, "trend": 4.38721, "fair_value": 5.245839, "relative_strength": 47.648778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.375265, "energy": 90.573265, "activity_lines": [ 6.890203, 5.928592, 5.069432, 4.749594 ] }, { "date": "2024-04-19", "close": 6.669791, "volume": 3479877, "typical_volume": 3071939.3, "trend": 4.492395, "fair_value": 5.258646, "relative_strength": 46.822395, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.353478, "energy": 88.059947, "activity_lines": [ 6.902927, 6.193292, 5.261985, 4.896858 ] }, { "date": "2024-04-26", "close": 7.029672, "volume": 2820015, "typical_volume": 3049425.1, "trend": 4.596147, "fair_value": 5.273718, "relative_strength": 47.910438, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.47323, "energy": 68.348619, "activity_lines": [ 6.955563, 6.468628, 5.476983, 5.060553 ] }, { "date": "2024-05-03", "close": 8.117312, "volume": 4656658, "typical_volume": 3127572.45, "trend": 4.733168, "fair_value": 5.295092, "relative_strength": 67.334324, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.414335, "energy": 73.190772, "activity_lines": [ 7.337837, 6.883769, 5.784298, 5.287725 ] }, { "date": "2024-05-10", "close": 5.966024, "volume": 9188883, "typical_volume": 3512483.5, "trend": 4.796739, "fair_value": 5.303932, "relative_strength": 20.984239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.939208, "energy": 51.554245, "activity_lines": [ 6.918242, 6.83235, 5.867828, 5.367264 ] }, { "date": "2024-05-17", "close": 6.085985, "volume": 4545001, "typical_volume": 3690999.75, "trend": 4.871272, "fair_value": 5.313916, "relative_strength": 20.592633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.326272, "energy": 39.612151, "activity_lines": [ 6.625006, 6.764946, 5.954626, 5.450441 ] }, { "date": "2024-05-24", "close": 5.966024, "volume": 3166554, "typical_volume": 3783158.1, "trend": 4.946283, "fair_value": 5.322672, "relative_strength": 16.447911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.943089, "energy": 28.6843, "activity_lines": [ 6.355762, 6.631008, 6.020914, 5.52107 ] }, { "date": "2024-05-31", "close": 5.982019, "volume": 1770160, "typical_volume": 3798192.95, "trend": 5.018346, "fair_value": 5.33337, "relative_strength": 18.348343, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.866457, "energy": 27.050929, "activity_lines": [ 6.138767, 6.490941, 6.080782, 5.587892 ] }, { "date": "2024-06-07", "close": 6.141966, "volume": 1875257, "typical_volume": 3836306.15, "trend": 5.100465, "fair_value": 5.344927, "relative_strength": 18.005263, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.04028, "energy": 22.711456, "activity_lines": [ 6.044931, 6.390029, 6.146511, 5.660384 ] }, { "date": "2024-06-14", "close": 5.334234, "volume": 2536837, "typical_volume": 3884432.4, "trend": 5.148697, "fair_value": 5.352476, "relative_strength": -0.864701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.13456, "energy": 17.496561, "activity_lines": [ 5.813542, 6.155053, 6.124293, 5.675465 ] }, { "date": "2024-06-21", "close": 5.326236, "volume": 2835344, "typical_volume": 3946692.45, "trend": 5.185967, "fair_value": 5.360059, "relative_strength": -1.287847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.889767, "energy": 14.432757, "activity_lines": [ 5.621605, 5.953665, 6.093889, 5.68692 ] }, { "date": "2024-06-28", "close": 6.06999, "volume": 3439043, "typical_volume": 3993424.45, "trend": 5.248775, "fair_value": 5.373663, "relative_strength": 12.107061, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.144117, "energy": 13.646165, "activity_lines": [ 5.728236, 5.918767, 6.125514, 5.743953 ] }, { "date": "2024-07-05", "close": 6.18995, "volume": 1628206, "typical_volume": 3991219.5, "trend": 5.299665, "fair_value": 5.389459, "relative_strength": 9.94431, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.675724, "energy": 12.690817, "activity_lines": [ 5.867923, 5.916586, 6.157068, 5.804674 ] }, { "date": "2024-07-12", "close": 6.973691, "volume": 2410396, "typical_volume": 4063149.5, "trend": 5.39384, "fair_value": 5.409568, "relative_strength": 23.297083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.670434, "energy": 26.424689, "activity_lines": [ 6.254995, 6.072171, 6.252085, 5.912676 ] }, { "date": "2024-07-19", "close": 7.461529, "volume": 2564309, "typical_volume": 4120968.8, "trend": 5.500794, "fair_value": 5.432093, "relative_strength": 36.061699, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 59.86212, "energy": 54.990817, "activity_lines": [ 6.749232, 6.337247, 6.379257, 6.046075 ] }, { "date": "2024-07-26", "close": 8.413214, "volume": 2569906, "typical_volume": 4196942.7, "trend": 5.641959, "fair_value": 5.459379, "relative_strength": 55.578981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.528299, "energy": 79.610715, "activity_lines": [ 7.418877, 6.748165, 6.580046, 6.233973 ] }, { "date": "2024-08-02", "close": 6.957696, "volume": 3456264, "typical_volume": 3820382.85, "trend": 5.730627, "fair_value": 5.477754, "relative_strength": 31.894824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.114853, "energy": 70.253568, "activity_lines": [ 7.39755, 6.852131, 6.619418, 6.31886 ] }, { "date": "2024-08-09", "close": 6.949699, "volume": 3794215, "typical_volume": 3588560.9, "trend": 5.828479, "fair_value": 5.495869, "relative_strength": 30.182169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.192538, "energy": 69.563267, "activity_lines": [ 7.314378, 6.936612, 6.65094, 6.397509 ] }, { "date": "2024-08-16", "close": 8.389222, "volume": 41136569, "typical_volume": 5444741.05, "trend": 5.980533, "fair_value": 5.522584, "relative_strength": 47.115607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.510593, "energy": 57.414296, "activity_lines": [ 7.660397, 7.265231, 6.81759, 6.562719 ] }, { "date": "2024-08-23", "close": 7.589487, "volume": 14898235, "typical_volume": 5823059.7, "trend": 6.10767, "fair_value": 5.544465, "relative_strength": 30.406278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.992931, "energy": 35.871115, "activity_lines": [ 7.645468, 7.407583, 6.900724, 6.666522 ] }, { "date": "2024-08-30", "close": 7.221609, "volume": 3219953, "typical_volume": 5799584.1, "trend": 6.232493, "fair_value": 5.561269, "relative_strength": 23.887711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.937712, "energy": 31.911928, "activity_lines": [ 7.499384, 7.442045, 6.947261, 6.738389 ] }, { "date": "2024-09-06", "close": 6.165958, "volume": 3963695, "typical_volume": 5823775.0, "trend": 6.316158, "fair_value": 5.573606, "relative_strength": 11.451703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.311713, "energy": 15.581507, "activity_lines": [ 7.080855, 7.250108, 6.892422, 6.734097 ] }, { "date": "2024-09-13", "close": 6.317908, "volume": 2802093, "typical_volume": 5822878.9, "trend": 6.398671, "fair_value": 5.585789, "relative_strength": 7.121998, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.005089, "energy": 13.757969, "activity_lines": [ 6.76576, 7.084054, 6.854454, 6.73421 ] }, { "date": "2024-09-20", "close": 6.741768, "volume": 3671765, "typical_volume": 5773634.25, "trend": 6.491084, "fair_value": 5.600103, "relative_strength": 11.914854, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.882239, "energy": 18.223081, "activity_lines": [ 6.63407, 6.992739, 6.860243, 6.756345 ] }, { "date": "2024-09-27", "close": 5.566157, "volume": 4091545, "typical_volume": 5518767.35, "trend": 6.547046, "fair_value": 5.604203, "relative_strength": -8.606884, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.31562, "energy": 24.771929, "activity_lines": [ 6.22034, 6.691893, 6.760619, 6.696672 ] }, { "date": "2024-10-04", "close": 5.582152, "volume": 2715061, "typical_volume": 5427270.35, "trend": 6.612246, "fair_value": 5.610205, "relative_strength": -8.506777, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.024006, "energy": 31.966452, "activity_lines": [ 5.946831, 6.428417, 6.664422, 6.634421 ] }, { "date": "2024-10-11", "close": 5.494181, "volume": 2101213, "typical_volume": 5374003.3, "trend": 6.613083, "fair_value": 5.615685, "relative_strength": -11.044061, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.454549, "energy": 53.244072, "activity_lines": [ 5.753295, 6.20042, 6.562246, 6.562288 ] }, { "date": "2024-10-18", "close": 5.534167, "volume": 1945148, "typical_volume": 5382752.7, "trend": 6.579688, "fair_value": 5.621714, "relative_strength": -10.633558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.536022, "energy": 55.580709, "activity_lines": [ 5.617873, 6.006302, 6.466126, 6.49268 ] }, { "date": "2024-10-25", "close": 5.414207, "volume": 1842107, "typical_volume": 5381095.2, "trend": 6.53197, "fair_value": 5.626263, "relative_strength": -12.733668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.966277, "energy": 54.073946, "activity_lines": [ 5.494714, 5.816111, 6.360713, 6.417488 ] }, { "date": "2024-11-01", "close": 5.766091, "volume": 2552329, "typical_volume": 5381869.8, "trend": 6.48212, "fair_value": 5.632315, "relative_strength": -5.755759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.133309, "energy": 44.129381, "activity_lines": [ 5.577353, 5.743989, 6.292278, 6.368076 ] }, { "date": "2024-11-08", "close": 6.053995, "volume": 3009980, "typical_volume": 5390601.6, "trend": 6.449064, "fair_value": 5.639794, "relative_strength": -6.475378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.68951, "energy": 30.188591, "activity_lines": [ 5.742632, 5.757366, 6.249207, 6.340455 ] }, { "date": "2024-11-15", "close": 4.750427, "volume": 2961535, "typical_volume": 5366726.2, "trend": 6.385086, "fair_value": 5.631513, "relative_strength": -23.950361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.986642, "energy": 55.326605, "activity_lines": [ 5.441931, 5.554961, 6.078521, 6.230866 ] }, { "date": "2024-11-22", "close": 5.182284, "volume": 2316548, "typical_volume": 5401143.3, "trend": 6.323506, "fair_value": 5.629013, "relative_strength": -18.470353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.938601, "energy": 54.410565, "activity_lines": [ 5.334767, 5.456811, 5.955247, 6.153266 ] }, { "date": "2024-11-29", "close": 5.822072, "volume": 2539186, "typical_volume": 5407582.8, "trend": 6.246998, "fair_value": 5.634336, "relative_strength": -9.20003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.40627, "energy": 41.176491, "activity_lines": [ 5.464324, 5.495635, 5.897704, 6.120915 ] }, { "date": "2024-12-06", "close": 5.566157, "volume": 2280462, "typical_volume": 5393390.45, "trend": 6.233669, "fair_value": 5.637851, "relative_strength": -15.771143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.498451, "energy": 47.256013, "activity_lines": [ 5.481385, 5.50465, 5.821272, 6.07699 ] }, { "date": "2024-12-13", "close": 4.942363, "volume": 3203319, "typical_volume": 5425061.1, "trend": 6.195548, "fair_value": 5.638581, "relative_strength": -25.668938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.48197, "energy": 39.074735, "activity_lines": [ 5.303844, 5.400248, 5.694457, 5.99368 ] }, { "date": "2024-12-20", "close": 4.726435, "volume": 3011401, "typical_volume": 5402817.95, "trend": 6.154229, "fair_value": 5.635458, "relative_strength": -27.138461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.139466, "energy": 42.541193, "activity_lines": [ 5.128435, 5.268219, 5.563605, 5.898898 ] }, { "date": "2024-12-27", "close": 4.74243, "volume": 1152582, "typical_volume": 5270736.3, "trend": 6.112909, "fair_value": 5.634404, "relative_strength": -27.420793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.219672, "energy": 63.230842, "activity_lines": [ 4.959958, 5.153057, 5.444902, 5.807815 ] }, { "date": "2025-01-03", "close": 5.062324, "volume": 1781817, "typical_volume": 3302998.7, "trend": 6.076921, "fair_value": 5.637451, "relative_strength": -21.794006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.3162, "energy": 59.716324, "activity_lines": [ 4.927435, 5.110453, 5.367175, 5.740035 ] }, { "date": "2025-01-10", "close": 4.966356, "volume": 1808180, "typical_volume": 2648495.95, "trend": 6.064658, "fair_value": 5.640049, "relative_strength": -21.545465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.027204, "energy": 51.86627, "activity_lines": [ 4.913573, 5.056798, 5.296151, 5.668385 ] }, { "date": "2025-01-17", "close": 4.978352, "volume": 1533641, "typical_volume": 2564180.35, "trend": 6.053062, "fair_value": 5.645401, "relative_strength": -23.596249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.760594, "energy": 38.568403, "activity_lines": [ 4.943697, 5.019865, 5.238761, 5.598301 ] }, { "date": "2025-01-24", "close": 5.158292, "volume": 1195247, "typical_volume": 2425757.95, "trend": 6.022672, "fair_value": 5.651489, "relative_strength": -22.107384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.544039, "energy": 29.940219, "activity_lines": [ 5.031401, 5.035206, 5.209189, 5.540574 ] }, { "date": "2025-01-31", "close": 4.782416, "volume": 1730111, "typical_volume": 2372158.85, "trend": 5.975755, "fair_value": 5.655668, "relative_strength": -26.881303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.234034, "energy": 32.73501, "activity_lines": [ 4.965023, 4.974789, 5.148619, 5.460558 ] }, { "date": "2025-02-07", "close": 4.678451, "volume": 1459924, "typical_volume": 2261566.8, "trend": 5.899247, "fair_value": 5.658554, "relative_strength": -28.615328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.258945, "energy": 35.931953, "activity_lines": [ 4.861324, 4.90274, 5.085459, 5.37686 ] }, { "date": "2025-02-14", "close": 4.910374, "volume": 2466202, "typical_volume": 2180299.65, "trend": 5.814208, "fair_value": 5.664224, "relative_strength": -27.213444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.980042, "energy": 34.968683, "activity_lines": [ 4.860524, 4.893652, 5.054212, 5.313062 ] }, { "date": "2025-02-21", "close": 4.722436, "volume": 2112095, "typical_volume": 2150151.35, "trend": 5.691182, "fair_value": 5.668814, "relative_strength": -28.375074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.197871, "energy": 44.367779, "activity_lines": [ 4.80081, 4.862317, 5.008189, 5.242625 ] }, { "date": "2025-02-28", "close": 4.390546, "volume": 3071182, "typical_volume": 2198649.8, "trend": 5.605611, "fair_value": 5.670063, "relative_strength": -31.047566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.850049, "energy": 58.897265, "activity_lines": [ 4.647528, 4.774637, 4.934652, 5.158713 ] }, { "date": "2025-03-07", "close": 4.550493, "volume": 2315382, "typical_volume": 2217161.5, "trend": 5.525637, "fair_value": 5.670121, "relative_strength": -26.262248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.198893, "energy": 51.294914, "activity_lines": [ 4.598744, 4.722145, 4.881603, 5.090641 ] }, { "date": "2025-03-14", "close": 4.462522, "volume": 3070975, "typical_volume": 2278604.9, "trend": 5.394747, "fair_value": 5.667942, "relative_strength": -25.473594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.988047, "energy": 55.096611, "activity_lines": [ 4.536098, 4.657149, 4.824859, 5.022053 ] }, { "date": "2025-03-21", "close": 4.486514, "volume": 1984247, "typical_volume": 2250200.8, "trend": 5.291315, "fair_value": 5.666796, "relative_strength": -24.632241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.102824, "energy": 55.60674, "activity_lines": [ 4.495844, 4.60742, 4.774933, 4.963457 ] }, { "date": "2025-03-28", "close": 4.43853, "volume": 1847023, "typical_volume": 2192052.95, "trend": 5.198545, "fair_value": 5.663292, "relative_strength": -22.934773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.069224, "energy": 43.944419, "activity_lines": [ 4.467854, 4.557691, 4.72653, 4.908439 ] }, { "date": "2025-04-04", "close": 4.310573, "volume": 1806906, "typical_volume": 2134321.5, "trend": 5.136699, "fair_value": 5.661435, "relative_strength": -16.12437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.389545, "energy": 45.484064, "activity_lines": [ 4.416138, 4.494512, 4.673633, 4.851151 ] }, { "date": "2025-04-11", "close": 4.762423, "volume": 4293163, "typical_volume": 2233152.25, "trend": 5.08485, "fair_value": 5.663186, "relative_strength": -13.019868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.776109, "energy": 32.013903, "activity_lines": [ 4.52037, 4.5289, 4.665864, 4.827004 ] }, { "date": "2025-04-18", "close": 4.790414, "volume": 2523547, "typical_volume": 2232370.3, "trend": 5.019804, "fair_value": 5.665242, "relative_strength": -9.701776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.880636, "energy": 20.980154, "activity_lines": [ 4.619804, 4.568742, 4.662761, 4.808008 ] }, { "date": "2025-04-25", "close": 5.198279, "volume": 3021288, "typical_volume": 2269411.6, "trend": 5.007542, "fair_value": 5.669829, "relative_strength": -7.10597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.887477, "energy": 12.300008, "activity_lines": [ 4.833333, 4.680705, 4.703414, 4.819522 ] }, { "date": "2025-05-02", "close": 4.97152, "volume": 3113141, "typical_volume": 2264902.7, "trend": 4.987187, "fair_value": 5.670369, "relative_strength": -12.901125, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.935282, "energy": 17.526809, "activity_lines": [ 4.923825, 4.746204, 4.724223, 4.817198 ] }, { "date": "2025-05-09", "close": 4.998012, "volume": 2435535, "typical_volume": 2236109.4, "trend": 4.970648, "fair_value": 5.671205, "relative_strength": -11.798149, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.830334, "energy": 20.269157, "activity_lines": [ 4.987615, 4.811991, 4.747416, 4.817897 ] }, { "date": "2025-05-16", "close": 5.289415, "volume": 2476351, "typical_volume": 2302297.85, "trend": 4.96249, "fair_value": 5.650074, "relative_strength": -12.162743, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.085742, "energy": 32.848194, "activity_lines": [ 5.10271, 4.919716, 4.797069, 4.838462 ] }, { "date": "2025-05-23", "close": 5.218772, "volume": 2309174, "typical_volume": 2328665.7, "trend": 4.955976, "fair_value": 5.62281, "relative_strength": -10.823138, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.439399, "energy": 36.809037, "activity_lines": [ 5.159125, 5.001162, 4.837389, 4.854997 ] }, { "date": "2025-05-30", "close": 5.280585, "volume": 1413098, "typical_volume": 2308911.6, "trend": 4.939792, "fair_value": 5.605085, "relative_strength": -11.008859, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.741584, "energy": 40.476353, "activity_lines": [ 5.207587, 5.080097, 4.882851, 4.875939 ] }, { "date": "2025-06-06", "close": 5.324737, "volume": 2393392, "typical_volume": 2351899.15, "trend": 4.915483, "fair_value": 5.592347, "relative_strength": -11.604693, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.383779, "energy": 42.760951, "activity_lines": [ 5.265279, 5.152621, 4.931021, 4.900774 ] }, { "date": "2025-06-13", "close": 5.61614, "volume": 2102465, "typical_volume": 2397260.05, "trend": 4.944341, "fair_value": 5.578282, "relative_strength": -6.157432, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.324038, "energy": 61.042192, "activity_lines": [ 5.396557, 5.262015, 5.005295, 4.945978 ] }, { "date": "2025-06-20", "close": 5.404211, "volume": 1478085, "typical_volume": 2384658.75, "trend": 4.951738, "fair_value": 5.555047, "relative_strength": -9.53826, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.304488, "energy": 53.423963, "activity_lines": [ 5.415985, 5.309139, 5.057205, 4.975647 ] }, { "date": "2025-06-27", "close": 5.704444, "volume": 2147280, "typical_volume": 2419026.55, "trend": 4.947817, "fair_value": 5.535645, "relative_strength": -7.954802, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.302131, "energy": 61.672235, "activity_lines": [ 5.527836, 5.399182, 5.134747, 5.024209 ] }, { "date": "2025-07-04", "close": 5.907544, "volume": 1401637, "typical_volume": 2365798.3, "trend": 4.959197, "fair_value": 5.51719, "relative_strength": -5.762486, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.874697, "energy": 69.530217, "activity_lines": [ 5.67501, 5.509533, 5.226747, 5.086127 ] }, { "date": "2025-07-11", "close": 5.978187, "volume": 1803076, "typical_volume": 2350347.35, "trend": 4.993724, "fair_value": 5.489112, "relative_strength": -3.731963, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.825141, "energy": 74.953273, "activity_lines": [ 5.803934, 5.619833, 5.320726, 5.151868 ] }, { "date": "2025-07-18", "close": 5.836901, "volume": 1430641, "typical_volume": 2268320.3, "trend": 5.03074, "fair_value": 5.472556, "relative_strength": -6.323126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.065551, "energy": 72.103319, "activity_lines": [ 5.842199, 5.686141, 5.39527, 5.206266 ] }, { "date": "2025-07-25", "close": 6.304912, "volume": 1666398, "typical_volume": 2235871.1, "trend": 5.082823, "fair_value": 5.436675, "relative_strength": 1.531094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.20144, "energy": 81.986091, "activity_lines": [ 6.02175, 5.82229, 5.507499, 5.288471 ] }, { "date": "2025-08-01", "close": 5.704444, "volume": 1891968, "typical_volume": 2176920.75, "trend": 5.104226, "fair_value": 5.369826, "relative_strength": -5.187005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.431674, "energy": 56.294109, "activity_lines": [ 5.941099, 5.830799, 5.554185, 5.328576 ] }, { "date": "2025-08-08", "close": 7.912047, "volume": 4293905, "typical_volume": 2292403.65, "trend": 5.202416, "fair_value": 5.310692, "relative_strength": 27.167159, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.811744, "energy": 81.290393, "activity_lines": [ 6.596316, 6.231861, 5.805206, 5.509725 ] }, { "date": "2025-08-15", "close": 7.505848, "volume": 4168175, "typical_volume": 2408461.25, "trend": 5.286666, "fair_value": 5.255568, "relative_strength": 21.078606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.827259, "energy": 86.050685, "activity_lines": [ 6.982499, 6.511223, 6.001229, 5.658334 ] }, { "date": "2025-08-22", "close": 8.062164, "volume": 2792887, "typical_volume": 2457760.3, "trend": 5.383462, "fair_value": 5.23428, "relative_strength": 31.699252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.616225, "energy": 91.840321, "activity_lines": [ 7.452277, 6.852077, 6.235629, 5.837398 ] }, { "date": "2025-08-29", "close": 7.408713, "volume": 2105186, "typical_volume": 2348361.45, "trend": 5.471005, "fair_value": 5.217636, "relative_strength": 21.852496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.375215, "energy": 86.319712, "activity_lines": [ 7.555887, 7.029648, 6.38993, 5.96806 ] }, { "date": "2025-09-05", "close": 7.435205, "volume": 2200846, "typical_volume": 2332226.4, "trend": 5.562897, "fair_value": 5.203825, "relative_strength": 21.286208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.162797, "energy": 74.671515, "activity_lines": [ 7.594741, 7.175591, 6.534153, 6.094782 ] }, { "date": "2025-09-12", "close": 7.876725, "volume": 2812904, "typical_volume": 2321807.2, "trend": 5.661775, "fair_value": 5.201854, "relative_strength": 26.15301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.902593, "energy": 63.859151, "activity_lines": [ 7.665384, 7.370341, 6.707831, 6.244061 ] }, { "date": "2025-09-19", "close": 7.753099, "volume": 2694318, "typical_volume": 2300866.05, "trend": 5.762797, "fair_value": 5.205926, "relative_strength": 21.789604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.936012, "energy": 56.684581, "activity_lines": [ 7.697173, 7.506811, 6.856981, 6.378986 ] }, { "date": "2025-09-26", "close": 8.088655, "volume": 2210202, "typical_volume": 2289599.4, "trend": 5.886068, "fair_value": 5.21206, "relative_strength": 27.156837, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.663977, "energy": 58.679049, "activity_lines": [ 7.824331, 7.67202, 7.024843, 6.529041 ] }, { "date": "2025-10-03", "close": 7.903216, "volume": 2361738, "typical_volume": 2283868.75, "trend": 5.997825, "fair_value": 5.221976, "relative_strength": 22.406623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.326585, "energy": 54.936116, "activity_lines": [ 7.88791, 7.762572, 7.160327, 6.65918 ] }, { "date": "2025-10-10", "close": 7.258596, "volume": 2001824, "typical_volume": 2268501.25, "trend": 6.091028, "fair_value": 5.227583, "relative_strength": 14.801018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.433469, "energy": 42.010227, "activity_lines": [ 7.703649, 7.70686, 7.221971, 6.74052 ] }, { "date": "2025-10-17", "close": 7.32924, "volume": 1764496, "typical_volume": 2286071.15, "trend": 6.185785, "fair_value": 5.234885, "relative_strength": 12.969537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.489632, "energy": 33.949108, "activity_lines": [ 7.554709, 7.635735, 7.28063, 6.820404 ] }, { "date": "2025-10-24", "close": 7.452865, "volume": 1385512, "typical_volume": 2235677.15, "trend": 6.286263, "fair_value": 5.241649, "relative_strength": 12.204811, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.011474, "energy": 25.335739, "activity_lines": [ 7.483477, 7.597684, 7.341308, 6.902151 ] }, { "date": "2025-10-31", "close": 7.311579, "volume": 1660614, "typical_volume": 2213584.6, "trend": 6.386296, "fair_value": 5.24764, "relative_strength": 8.03522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.298628, "energy": 21.472872, "activity_lines": [ 7.385166, 7.534908, 7.378396, 6.968301 ] }, { "date": "2025-11-07", "close": 5.775088, "volume": 2417484, "typical_volume": 2260554.55, "trend": 6.420052, "fair_value": 5.242982, "relative_strength": -11.588655, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -15.426675, "energy": 23.053382, "activity_lines": [ 6.826495, 7.206417, 7.261077, 6.928868 ] }, { "date": "2025-11-14", "close": 5.298246, "volume": 3154074, "typical_volume": 2310894.25, "trend": 6.43698, "fair_value": 5.236466, "relative_strength": -18.63772, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.123559, "energy": 57.54092, "activity_lines": [ 6.250753, 6.820929, 7.096579, 6.856493 ] }, { "date": "2025-11-21", "close": 5.156959, "volume": 2094606, "typical_volume": 2345542.7, "trend": 6.435602, "fair_value": 5.230421, "relative_strength": -18.05561, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.532426, "energy": 75.642982, "activity_lines": [ 5.758604, 6.448607, 6.92056, 6.773911 ] }, { "date": "2025-11-28", "close": 5.351228, "volume": 1322020, "typical_volume": 2321489.9, "trend": 6.448259, "fair_value": 5.226287, "relative_strength": -18.558261, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.755686, "energy": 76.484262, "activity_lines": [ 5.476031, 6.161057, 6.766616, 6.703952 ] }, { "date": "2025-12-05", "close": 5.474854, "volume": 1521093, "typical_volume": 2326012.5, "trend": 6.464154, "fair_value": 5.225519, "relative_strength": -17.225297, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.470622, "energy": 77.024211, "activity_lines": [ 5.374776, 5.939654, 6.627432, 6.641151 ] }, { "date": "2025-12-12", "close": 5.704444, "volume": 2015654, "typical_volume": 2343475.3, "trend": 6.477988, "fair_value": 5.228176, "relative_strength": -12.076096, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.667723, "energy": 71.779758, "activity_lines": [ 5.472499, 5.807519, 6.511838, 6.592138 ] }, { "date": "2025-12-19", "close": 5.536667, "volume": 1716788, "typical_volume": 2334716.3, "trend": 6.488585, "fair_value": 5.229225, "relative_strength": -15.107337, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.723668, "energy": 49.127585, "activity_lines": [ 5.519006, 5.684857, 6.383124, 6.531408 ] }, { "date": "2025-12-26", "close": 5.536667, "volume": 1258813, "typical_volume": 2182961.7, "trend": 6.497121, "fair_value": 5.232049, "relative_strength": -16.10802, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.827548, "energy": 53.868631, "activity_lines": [ 5.549618, 5.593502, 6.25521, 6.469993 ] }, { "date": "2026-01-02", "close": 5.536667, "volume": 1287040, "typical_volume": 2038904.95, "trend": 6.504185, "fair_value": 5.235406, "relative_strength": -14.513081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.421893, "energy": 46.254853, "activity_lines": [ 5.554916, 5.53474, 6.138606, 6.408029 ] }, { "date": "2026-01-09", "close": 5.836901, "volume": 2044048, "typical_volume": 2001463.0, "trend": 6.511544, "fair_value": 5.23545, "relative_strength": -11.738655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.632952, "energy": 42.180091, "activity_lines": [ 5.64793, 5.565406, 6.059974, 6.364978 ] }, { "date": "2026-01-16", "close": 5.810409, "volume": 1596360, "typical_volume": 1976021.7, "trend": 6.525084, "fair_value": 5.239009, "relative_strength": -11.338675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.375465, "energy": 36.698992, "activity_lines": [ 5.707977, 5.618067, 5.989414, 6.319744 ] }, { "date": "2026-01-23", "close": 5.863392, "volume": 1125080, "typical_volume": 1922233.4, "trend": 6.530382, "fair_value": 5.243705, "relative_strength": -10.679317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.981429, "energy": 29.285333, "activity_lines": [ 5.77862, 5.679719, 5.931512, 6.277054 ] }, { "date": "2026-01-30", "close": 5.916374, "volume": 1530456, "typical_volume": 1858111.0, "trend": 6.530676, "fair_value": 5.249186, "relative_strength": -9.800243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.937407, "energy": 24.119128, "activity_lines": [ 5.845142, 5.740729, 5.886141, 6.23744 ] }, { "date": "2026-02-06", "close": 5.916374, "volume": 1994545, "typical_volume": 1823122.35, "trend": 6.528616, "fair_value": 5.256974, "relative_strength": -8.111688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.479609, "energy": 24.152466, "activity_lines": [ 5.886351, 5.787932, 5.850104, 6.197808 ] }, { "date": "2026-02-13", "close": 5.995848, "volume": 1719296, "typical_volume": 1798577.05, "trend": 6.533914, "fair_value": 5.26434, "relative_strength": -5.817096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.356888, "energy": 19.394104, "activity_lines": [ 5.928737, 5.839309, 5.830383, 6.163436 ] }, { "date": "2026-02-20", "close": 5.960526, "volume": 2042640, "typical_volume": 1782622.15, "trend": 6.522435, "fair_value": 5.272012, "relative_strength": -7.560756, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.099629, "energy": 17.415365, "activity_lines": [ 5.948752, 5.874791, 5.817263, 6.126443 ] }, { "date": "2026-02-27", "close": 5.713275, "volume": 2602675, "typical_volume": 1812664.7, "trend": 6.522729, "fair_value": 5.280273, "relative_strength": -11.290204, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.938553, "energy": 19.636633, "activity_lines": [ 5.876343, 5.860662, 5.789847, 6.074239 ] }, { "date": "2026-03-06", "close": 5.121637, "volume": 3189788, "typical_volume": 1883929.3, "trend": 6.429715, "fair_value": 5.289048, "relative_strength": -19.365702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.798009, "energy": 44.458432, "activity_lines": [ 5.616729, 5.735752, 5.713443, 5.983846 ] }, { "date": "2026-03-13", "close": 4.644795, "volume": 4280455, "typical_volume": 2028676.45, "trend": 6.334347, "fair_value": 5.294588, "relative_strength": -25.924944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.704258, "energy": 81.843851, "activity_lines": [ 5.25115, 5.531689, 5.602138, 5.86869 ] }, { "date": "2026-03-20", "close": 4.362222, "volume": 4707642, "typical_volume": 2181027.85, "trend": 6.211016, "fair_value": 5.297074, "relative_strength": -28.793655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.444757, "energy": 92.570004, "activity_lines": [ 4.876152, 5.292466, 5.477293, 5.741456 ] }, { "date": "2026-03-27", "close": 4.680117, "volume": 4100416, "typical_volume": 2265174.45, "trend": 6.120062, "fair_value": 5.301554, "relative_strength": -20.88561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.178413, "energy": 86.216787, "activity_lines": [ 4.716027, 5.137853, 5.396768, 5.642688 ] }, { "date": "2026-04-03", "close": 4.627135, "volume": 4232947, "typical_volume": 2319118.1, "trend": 6.02646, "fair_value": 5.304895, "relative_strength": -24.453425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.145543, "energy": 84.510111, "activity_lines": [ 4.623602, 4.994158, 5.316411, 5.546371 ] }, { "date": "2026-04-10", "close": 4.36, "volume": 4615251, "typical_volume": 2445150.35, "trend": 5.909236, "fair_value": 5.306435, "relative_strength": -31.426468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.385422, "energy": 84.103933, "activity_lines": [ 4.514542, 4.824371, 5.213809, 5.438857 ] }, { "date": "2026-04-17", "close": 4.76, "volume": 2830939, "typical_volume": 2520596.3, "trend": 5.809466, "fair_value": 5.311604, "relative_strength": -29.035004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.584354, "energy": 56.475287, "activity_lines": [ 4.589591, 4.755609, 5.153097, 5.364713 ] }, { "date": "2026-04-24", "close": 4.57, "volume": 2020488, "typical_volume": 2545566.05, "trend": 5.692177, "fair_value": 5.315022, "relative_strength": -32.816596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.673306, "energy": 52.928337, "activity_lines": [ 4.593626, 4.673326, 5.077105, 5.284747 ] }, { "date": "2026-05-01", "close": 4.6, "volume": 1843146, "typical_volume": 2536940.65, "trend": 5.58207, "fair_value": 5.31819, "relative_strength": -32.980041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.806708, "energy": 48.258014, "activity_lines": [ 4.593809, 4.622422, 5.008279, 5.214284 ] }, { "date": "2026-05-08", "close": 4.8, "volume": 2835579, "typical_volume": 2592880.2, "trend": 5.500117, "fair_value": 5.322727, "relative_strength": -33.267001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.764602, "energy": 35.725396, "activity_lines": [ 4.666, 4.632619, 4.96376, 5.163828 ] }, { "date": "2026-05-15", "close": 4.17, "volume": 2786331, "typical_volume": 2669256.1, "trend": 5.394809, "fair_value": 5.322387, "relative_strength": -41.358365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.782449, "energy": 48.95297, "activity_lines": [ 4.516667, 4.544875, 4.862749, 5.078014 ] }, { "date": "2026-05-22", "close": 4.68, "volume": 3553521, "typical_volume": 2782580.15, "trend": 5.30238, "fair_value": 5.325364, "relative_strength": -34.503471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.702262, "energy": 37.044213, "activity_lines": [ 4.55, 4.567161, 4.816817, 5.031897 ] }, { "date": "2026-05-29", "close": 4.68, "volume": 1334417, "typical_volume": 2747098.6, "trend": 5.214661, "fair_value": 5.328581, "relative_strength": -35.866558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.782617, "energy": 33.451624, "activity_lines": [ 4.588667, 4.588807, 4.774964, 4.991744 ] }, { "date": "2026-06-05", "close": 4.3, "volume": 2065341, "typical_volume": 2770547.65, "trend": 5.165491, "fair_value": 5.329456, "relative_strength": -37.812714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.428013, "energy": 43.198929, "activity_lines": [ 4.493333, 4.535584, 4.702431, 4.932733 ] }, { "date": "2026-06-12", "close": 4.32, "volume": 1661731, "typical_volume": 2797380.2, "trend": 5.132883, "fair_value": 5.329408, "relative_strength": -38.364478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.076599, "energy": 40.912467, "activity_lines": [ 4.424667, 4.492909, 4.638994, 4.878186 ] }, { "date": "2026-06-19", "close": 4.32, "volume": 1738060, "typical_volume": 2807760.4, "trend": 5.104984, "fair_value": 5.332421, "relative_strength": -39.434015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.352247, "energy": 52.543937, "activity_lines": [ 4.388, 4.455818, 4.582907, 4.825742 ] }, { "date": "2026-06-26", "close": 3.92, "volume": 3869304, "typical_volume": 2901498.35, "trend": 5.057277, "fair_value": 5.333396, "relative_strength": -41.885132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.793511, "energy": 74.340266, "activity_lines": [ 4.208, 4.346727, 4.496326, 4.749291 ] }, { "date": "2026-07-03", "close": 3.86, "volume": 3649738, "typical_volume": 2998020.45, "trend": 5.003448, "fair_value": 5.334656, "relative_strength": -42.65728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.698773, "energy": 76.688924, "activity_lines": [ 4.058667, 4.242, 4.413538, 4.672047 ] }, { "date": "2026-07-10", "close": 3.59, "volume": 2945563, "typical_volume": 3043166.6, "trend": 4.932967, "fair_value": 5.334089, "relative_strength": -46.982818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.35765, "energy": 83.431887, "activity_lines": [ 3.874, 4.101091, 4.315206, 4.580857 ] }, { "date": "2026-07-17", "close": 3.44, "volume": 2558598, "typical_volume": 3040962.75, "trend": 4.863078, "fair_value": 5.332131, "relative_strength": -46.386475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.634192, "energy": 89.525285, "activity_lines": [ 3.686667, 3.951273, 4.213876, 4.484537 ] }, { "date": "2026-07-24", "close": 3.11, "volume": 3330841, "typical_volume": 3048015.4, "trend": 4.782189, "fair_value": 5.325618, "relative_strength": -50.053416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.483478, "energy": 92.57855, "activity_lines": [ 3.448, 3.766182, 4.091943, 4.371435 ] }, { "date": "2026-07-31", "close": 3.27, "volume": 7247668, "typical_volume": 3196376.05, "trend": 4.706633, "fair_value": 5.319078, "relative_strength": -47.147149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.764321, "energy": 85.904494, "activity_lines": [ 3.343333, 3.629455, 3.994828, 4.273874 ] }, { "date": "2026-08-07", "close": 3.05, "volume": 2574251, "typical_volume": 3089706.5, "trend": 4.613737, "fair_value": 5.314428, "relative_strength": -52.108562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.033678, "energy": 87.672201, "activity_lines": [ 3.208667, 3.478364, 3.883307, 4.166995 ] } ], "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." } } }