{ "ticker": { "uuid": "c4bfb7a9-f584-480f-ab3e-5c5e9cd1be4c", "symbol": "ALKAL", "name": "Kalray S.A.", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 55.308, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 2.43, "architecture_energy": 16.153, "architecture_maturity": 52.101, "architecture_confidence": 70.661, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 56.37, "rotation_up": 15.24, "upward_expansion": 41.56, "deceleration": 84.06, "rotation_down": 44.17, "downward_expansion": 37.89 }, "activity_lines": [ 7.409333, 8.022909, 8.613167, 7.84071 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 7.32, "trend_reference": 6.6065, "distance_from_trend": 0.108, "trend_direction": "Improving", "fair_value": 8.076528, "distance_from_fair_value": -0.09367, "fair_value_direction": "Improving", "relative_strength": 65.832564, "relative_strength_direction": "Weakening", "price_momentum": 1.661818, "excess_performance": 1.608507, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.108, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.653844, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.09367, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.066578, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.658326, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -2.321905, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 1.661818, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.23091, "read": "Demand-led" } ], "volume": { "latest": 748534, "relative_activity": 0.401731, "balance": 2.23091, "dry_up": 0.542516, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.29319, "annualized_volatility": 1.302475, "from_high_reference": -0.505405, "from_low_reference": 14.574468 }, "levels": { "trend_reference": 6.6065, "fair_value_reference": 8.076528, "structural_low": 2.785, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.038087, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.080129, "regime_survival": 0.333333, "best_return": 1.608173, "worst_return": -0.280597, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.779812, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.795393, "regime_survival": 0.0, "best_return": 6.067947, "worst_return": -0.225746, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.331343, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.328581, "regime_survival": 0.0, "best_return": 15.33678, "worst_return": -0.397492, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.62859, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.654771, "regime_survival": 0.0, "best_return": -0.357367, "worst_return": -0.899813, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-04-28", "end": "2023-05-26", "tenure": "Developing", "return": 0.169697, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-02", "end": "2023-09-08", "tenure": "Established", "return": 0.131417, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-09-15", "end": "2023-10-06", "tenure": "New", "return": -0.28209, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-13", "end": "2023-11-17", "tenure": "Developing", "return": 0.138485, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-24", "end": "2025-07-11", "tenure": "Extended", "return": -0.966912, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.073171, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": -0.085484, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": 0.29078, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-14", "tenure": "Developing", "return": -0.244879, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2026-01-02", "tenure": "Developing", "return": 0.813885, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-03-27", "tenure": "Developing", "return": 1.729839, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 1.170338, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-03", "tenure": "Developing", "return": 0.128144, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.152778, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 26.5, "volume": 175463, "typical_volume": 161874.6, "trend": 21.784333, "fair_value": 26.792692, "relative_strength": 27.634083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.559355, "energy": 35.738463, "activity_lines": [ 28.1, 28.296364, 26.155952, 24.01071 ] }, { "date": "2023-08-25", "close": 29.700001, "volume": 241385, "typical_volume": 171986.85, "trend": 22.082667, "fair_value": 26.846538, "relative_strength": 41.455185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.803195, "energy": 33.281964, "activity_lines": [ 28.553334, 28.592728, 26.731667, 24.521398 ] }, { "date": "2023-09-01", "close": 29.1, "volume": 131149, "typical_volume": 176185.45, "trend": 22.369333, "fair_value": 26.901667, "relative_strength": 36.73495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.301078, "energy": 33.432894, "activity_lines": [ 28.693334, 28.733637, 27.188619, 24.974129 ] }, { "date": "2023-09-08", "close": 27.549999, "volume": 81525, "typical_volume": 175882.65, "trend": 22.633667, "fair_value": 26.950705, "relative_strength": 30.020101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.027096, "energy": 27.360779, "activity_lines": [ 28.38, 28.520909, 27.446333, 25.308366 ] }, { "date": "2023-09-15", "close": 26.799999, "volume": 105332, "typical_volume": 179485.4, "trend": 22.889, "fair_value": 26.994295, "relative_strength": 23.644546, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.095349, "energy": 25.682981, "activity_lines": [ 27.826666, 28.184545, 27.584095, 25.577161 ] }, { "date": "2023-09-22", "close": 21.65, "volume": 571037, "typical_volume": 206865.2, "trend": 23.016, "fair_value": 27.005513, "relative_strength": 2.226591, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.828501, "energy": 10.312109, "activity_lines": [ 25.733333, 26.936364, 27.182333, 25.497226 ] }, { "date": "2023-09-29", "close": 22.0, "volume": 190210, "typical_volume": 214331.8, "trend": 23.148, "fair_value": 27.024423, "relative_strength": 4.302842, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.337067, "energy": 22.089871, "activity_lines": [ 24.08, 25.909091, 26.794238, 25.431677 ] }, { "date": "2023-10-06", "close": 19.24, "volume": 204399, "typical_volume": 223124.6, "trend": 23.223333, "fair_value": 27.016346, "relative_strength": -7.925689, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.031513, "energy": 50.410516, "activity_lines": [ 22.02, 24.489091, 26.124048, 25.179548 ] }, { "date": "2023-10-13", "close": 19.280001, "volume": 150644, "typical_volume": 227150.35, "trend": 23.336667, "fair_value": 27.011731, "relative_strength": -6.920026, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.002575, "energy": 63.373833, "activity_lines": [ 20.630667, 23.272909, 25.452905, 24.92514 ] }, { "date": "2023-10-20", "close": 18.280001, "volume": 92671, "typical_volume": 220507.15, "trend": 23.41, "fair_value": 26.99109, "relative_strength": -9.323238, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.171016, "energy": 68.657898, "activity_lines": [ 19.459334, 22.028, 24.686619, 24.598903 ] }, { "date": "2023-10-27", "close": 18.219999, "volume": 98942, "typical_volume": 207001.7, "trend": 23.497333, "fair_value": 26.977115, "relative_strength": -9.435645, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.167108, "energy": 71.910999, "activity_lines": [ 18.836, 20.975273, 23.943524, 24.264065 ] }, { "date": "2023-11-03", "close": 19.08, "volume": 106558, "typical_volume": 197994.65, "trend": 23.574667, "fair_value": 26.9725, "relative_strength": -8.769064, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.604572, "energy": 66.238091, "activity_lines": [ 18.728, 20.229455, 23.320095, 23.979075 ] }, { "date": "2023-11-10", "close": 20.0, "volume": 99617, "typical_volume": 192780.45, "trend": 23.632667, "fair_value": 26.966731, "relative_strength": -4.537568, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.969223, "energy": 53.201604, "activity_lines": [ 19.121333, 19.844, 22.822714, 23.748452 ] }, { "date": "2023-11-17", "close": 21.950001, "volume": 122044, "typical_volume": 179002.85, "trend": 23.785667, "fair_value": 26.980513, "relative_strength": 2.048348, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -48.801741, "energy": 39.834071, "activity_lines": [ 20.114, 19.978546, 22.535572, 23.639893 ] }, { "date": "2023-11-24", "close": 21.700001, "volume": 72153, "typical_volume": 174593.85, "trend": 23.959, "fair_value": 26.993654, "relative_strength": 0.093276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.375809, "energy": 30.984759, "activity_lines": [ 20.845334, 20.169455, 22.254619, 23.505333 ] }, { "date": "2023-12-01", "close": 23.4, "volume": 104656, "typical_volume": 163084.7, "trend": 24.155, "fair_value": 27.007115, "relative_strength": 6.737454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.488894, "energy": 28.044054, "activity_lines": [ 21.915334, 20.762182, 22.166286, 23.469269 ] }, { "date": "2023-12-08", "close": 23.200001, "volume": 136373, "typical_volume": 154858.4, "trend": 24.329667, "fair_value": 27.007115, "relative_strength": 2.97238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.416561, "energy": 28.16952, "activity_lines": [ 22.573334, 21.286728, 22.091762, 23.407656 ] }, { "date": "2023-12-15", "close": 20.75, "volume": 152740, "typical_volume": 154833.95, "trend": 24.413333, "fair_value": 26.970897, "relative_strength": -8.822436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.866314, "energy": 25.172296, "activity_lines": [ 22.14, 21.344, 21.806762, 23.17671 ] }, { "date": "2023-12-22", "close": 21.5, "volume": 121627, "typical_volume": 153402.2, "trend": 24.486667, "fair_value": 26.942692, "relative_strength": -5.250843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.622846, "energy": 22.26174, "activity_lines": [ 21.906667, 21.510182, 21.637476, 22.988753 ] }, { "date": "2023-12-29", "close": 20.75, "volume": 37756, "typical_volume": 149814.05, "trend": 24.366667, "fair_value": 26.883397, "relative_strength": -8.28777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.416581, "energy": 26.53527, "activity_lines": [ 21.453333, 21.499637, 21.426286, 22.747678 ] }, { "date": "2024-01-05", "close": 20.299999, "volume": 97511, "typical_volume": 145916.45, "trend": 24.171667, "fair_value": 26.801987, "relative_strength": -8.900298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.809469, "energy": 38.708433, "activity_lines": [ 20.913333, 21.362364, 21.213667, 22.485312 ] }, { "date": "2024-01-12", "close": 18.5, "volume": 214197, "typical_volume": 144557.05, "trend": 23.883333, "fair_value": 26.68532, "relative_strength": -17.45329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.507453, "energy": 62.911157, "activity_lines": [ 19.98, 20.86, 20.859143, 22.119398 ] }, { "date": "2024-01-19", "close": 20.200001, "volume": 147759, "typical_volume": 145387.55, "trend": 23.718333, "fair_value": 26.559679, "relative_strength": -8.705527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.522077, "energy": 56.793918, "activity_lines": [ 19.926667, 20.677273, 20.719857, 21.881764 ] }, { "date": "2024-01-26", "close": 19.959999, "volume": 118590, "typical_volume": 147240.8, "trend": 23.442, "fair_value": 26.447244, "relative_strength": -12.719229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.570455, "energy": 53.070003, "activity_lines": [ 19.83, 20.447273, 20.600095, 21.63929 ] }, { "date": "2024-02-02", "close": 19.26, "volume": 102078, "typical_volume": 147078.1, "trend": 23.145667, "fair_value": 26.288654, "relative_strength": -15.15379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.257563, "energy": 46.97133, "activity_lines": [ 19.602667, 20.126182, 20.44981, 21.369484 ] }, { "date": "2024-02-09", "close": 22.4, "volume": 329996, "typical_volume": 135026.05, "trend": 22.882333, "fair_value": 26.146987, "relative_strength": -2.145698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.055884, "energy": 15.016167, "activity_lines": [ 20.521333, 20.420364, 20.634476, 21.321376 ] }, { "date": "2024-02-16", "close": 21.25, "volume": 123839, "typical_volume": 131707.5, "trend": 22.657333, "fair_value": 26.002436, "relative_strength": -8.688002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.294641, "energy": 13.113654, "activity_lines": [ 20.916667, 20.523636, 20.706048, 21.216065 ] }, { "date": "2024-02-23", "close": 20.299999, "volume": 170525, "typical_volume": 130013.8, "trend": 22.332333, "fair_value": 25.872308, "relative_strength": -14.979623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.887926, "energy": 14.396464, "activity_lines": [ 20.812, 20.489636, 20.690714, 21.063978 ] }, { "date": "2024-03-01", "close": 19.700001, "volume": 78947, "typical_volume": 126428.95, "trend": 22.065667, "fair_value": 25.751154, "relative_strength": -17.169277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.511045, "energy": 17.605627, "activity_lines": [ 20.500667, 20.354727, 20.613191, 20.894151 ] }, { "date": "2024-03-08", "close": 20.25, "volume": 80997, "typical_volume": 125845.25, "trend": 21.759, "fair_value": 25.625833, "relative_strength": -15.944116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.725188, "energy": 16.66127, "activity_lines": [ 20.39, 20.352545, 20.586048, 20.777011 ] }, { "date": "2024-03-15", "close": 17.92, "volume": 157820, "typical_volume": 128789.15, "trend": 21.473, "fair_value": 25.486859, "relative_strength": -26.811899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.746677, "energy": 45.43368, "activity_lines": [ 19.436667, 19.935818, 20.327619, 20.529333 ] }, { "date": "2024-03-22", "close": 16.74, "volume": 127043, "typical_volume": 129813.4, "trend": 21.041, "fair_value": 25.347372, "relative_strength": -31.421989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.651907, "energy": 65.588035, "activity_lines": [ 18.388667, 19.347818, 19.958238, 20.223979 ] }, { "date": "2024-03-29", "close": 15.8, "volume": 122414, "typical_volume": 130953.25, "trend": 20.597667, "fair_value": 25.195449, "relative_strength": -35.613161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.006447, "energy": 75.88549, "activity_lines": [ 17.328, 18.620909, 19.510476, 19.88585 ] }, { "date": "2024-04-05", "close": 18.92, "volume": 192922, "typical_volume": 134497.15, "trend": 20.31, "fair_value": 25.057115, "relative_strength": -21.54646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.526094, "energy": 65.033753, "activity_lines": [ 17.607333, 18.541273, 19.379857, 19.777613 ] }, { "date": "2024-04-12", "close": 16.620001, "volume": 120252, "typical_volume": 136902.1, "trend": 19.970667, "fair_value": 24.907244, "relative_strength": -30.491338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.922555, "energy": 65.843341, "activity_lines": [ 17.172, 18.062364, 19.044619, 19.539548 ] }, { "date": "2024-04-19", "close": 16.6, "volume": 62753, "typical_volume": 134806.95, "trend": 19.802333, "fair_value": 24.764295, "relative_strength": -30.575927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.708025, "energy": 55.858878, "activity_lines": [ 16.972, 17.627818, 18.731667, 19.322086 ] }, { "date": "2024-04-26", "close": 17.059999, "volume": 156124, "typical_volume": 135794.5, "trend": 19.637667, "fair_value": 24.630705, "relative_strength": -29.190222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.535324, "energy": 38.497365, "activity_lines": [ 17.013333, 17.382364, 18.494905, 19.145161 ] }, { "date": "2024-05-03", "close": 18.280001, "volume": 75092, "typical_volume": 131912.1, "trend": 19.605667, "fair_value": 24.508782, "relative_strength": -22.850699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.299095, "energy": 31.225712, "activity_lines": [ 17.44, 17.434909, 18.403572, 19.05757 ] }, { "date": "2024-05-10", "close": 18.26, "volume": 58221, "typical_volume": 128741.8, "trend": 19.571667, "fair_value": 24.407244, "relative_strength": -25.290908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.590966, "energy": 25.990653, "activity_lines": [ 17.694667, 17.520546, 18.322095, 18.970753 ] }, { "date": "2024-05-17", "close": 17.700001, "volume": 68530, "typical_volume": 130280.5, "trend": 19.552333, "fair_value": 24.310449, "relative_strength": -26.997945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.785553, "energy": 20.691017, "activity_lines": [ 17.806667, 17.530546, 18.202714, 18.85 ] }, { "date": "2024-05-24", "close": 18.360001, "volume": 109913, "typical_volume": 130900.6, "trend": 19.557, "fair_value": 24.203782, "relative_strength": -23.414369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.519809, "energy": 19.461888, "activity_lines": [ 18.066667, 17.70691, 18.160715, 18.773075 ] }, { "date": "2024-05-31", "close": 17.700001, "volume": 51556, "typical_volume": 122768.55, "trend": 19.511, "fair_value": 24.08391, "relative_strength": -24.669312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.711521, "energy": 16.920164, "activity_lines": [ 17.989334, 17.755273, 18.065096, 18.653269 ] }, { "date": "2024-06-07", "close": 16.299999, "volume": 294524, "typical_volume": 130106.8, "trend": 19.387667, "fair_value": 23.9525, "relative_strength": -29.977544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.458114, "energy": 31.178122, "activity_lines": [ 17.402667, 17.531637, 17.839953, 18.446108 ] }, { "date": "2024-06-14", "close": 13.9, "volume": 215467, "typical_volume": 134950.65, "trend": 19.119333, "fair_value": 23.813397, "relative_strength": -35.54386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.923107, "energy": 62.606236, "activity_lines": [ 16.148, 16.862546, 17.40481, 18.092065 ] }, { "date": "2024-06-21", "close": 13.6, "volume": 157604, "typical_volume": 137726.95, "trend": 18.849333, "fair_value": 23.682628, "relative_strength": -37.245213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.364292, "energy": 78.985789, "activity_lines": [ 15.084, 16.230182, 16.969953, 17.735979 ] }, { "date": "2024-06-28", "close": 11.84, "volume": 178939, "typical_volume": 130174.1, "trend": 18.464, "fair_value": 23.547628, "relative_strength": -43.420972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.439991, "energy": 88.215507, "activity_lines": [ 13.706667, 15.332727, 16.394429, 17.283764 ] }, { "date": "2024-07-05", "close": 12.54, "volume": 187178, "typical_volume": 133341.05, "trend": 18.108667, "fair_value": 23.413269, "relative_strength": -40.659783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.584865, "energy": 88.414174, "activity_lines": [ 12.997333, 14.649091, 15.935857, 16.90157 ] }, { "date": "2024-07-12", "close": 10.68, "volume": 238826, "typical_volume": 136756.1, "trend": 17.773, "fair_value": 23.244551, "relative_strength": -48.805249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.818512, "energy": 93.296054, "activity_lines": [ 12.012, 13.709455, 15.341619, 16.422301 ] }, { "date": "2024-07-19", "close": 9.23, "volume": 257613, "typical_volume": 145689.4, "trend": 17.364, "fair_value": 23.067179, "relative_strength": -53.805139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.685367, "energy": 94.359595, "activity_lines": [ 10.918, 12.644364, 14.655095, 15.87114 ] }, { "date": "2024-07-26", "close": 9.4, "volume": 125680, "typical_volume": 147923.55, "trend": 16.985667, "fair_value": 22.892179, "relative_strength": -51.882766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.642379, "energy": 91.444633, "activity_lines": [ 10.192, 11.774364, 14.034619, 15.357333 ] }, { "date": "2024-08-02", "close": 8.1, "volume": 345546, "typical_volume": 157309.85, "trend": 16.579, "fair_value": 22.699872, "relative_strength": -56.150754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.51144, "energy": 93.092145, "activity_lines": [ 9.312667, 10.818909, 13.342, 14.784065 ] }, { "date": "2024-08-09", "close": 8.18, "volume": 210552, "typical_volume": 161485.3, "trend": 16.235, "fair_value": 22.514487, "relative_strength": -54.842564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.530654, "energy": 88.938832, "activity_lines": [ 8.709333, 10.064545, 12.703762, 14.242194 ] }, { "date": "2024-08-16", "close": 7.33, "volume": 129492, "typical_volume": 161839.2, "trend": 15.806, "fair_value": 22.334551, "relative_strength": -59.667495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.664588, "energy": 88.050878, "activity_lines": [ 8.113333, 9.328727, 12.025333, 13.667678 ] }, { "date": "2024-08-23", "close": 6.1, "volume": 347498, "typical_volume": 169568.0, "trend": 15.344, "fair_value": 22.128141, "relative_strength": -66.117294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.980849, "energy": 87.787626, "activity_lines": [ 7.330667, 8.532364, 11.270095, 13.041484 ] }, { "date": "2024-08-30", "close": 5.76, "volume": 97845, "typical_volume": 168447.65, "trend": 14.894, "fair_value": 21.908654, "relative_strength": -67.378194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.228394, "energy": 83.829186, "activity_lines": [ 6.643333, 7.816, 10.543524, 12.423161 ] }, { "date": "2024-09-06", "close": 4.74, "volume": 205785, "typical_volume": 175599.25, "trend": 14.305333, "fair_value": 21.698013, "relative_strength": -71.386022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.270356, "energy": 92.120672, "activity_lines": [ 5.858667, 7.056727, 9.771524, 11.768065 ] }, { "date": "2024-09-13", "close": 2.685, "volume": 1229733, "typical_volume": 229279.7, "trend": 13.6865, "fair_value": 21.481891, "relative_strength": -83.578011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.084526, "energy": 96.930797, "activity_lines": [ 4.613, 6.052909, 8.860286, 11.018366 ] }, { "date": "2024-09-20", "close": 2.34, "volume": 2142671, "typical_volume": 332658.65, "trend": 13.087833, "fair_value": 21.265481, "relative_strength": -85.408816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.299121, "energy": 95.568177, "activity_lines": [ 3.618667, 5.165545, 7.984643, 10.286333 ] }, { "date": "2024-09-27", "close": 2.6, "volume": 1647724, "typical_volume": 412133.8, "trend": 12.517833, "fair_value": 21.052019, "relative_strength": -83.998438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.939565, "energy": 92.126715, "activity_lines": [ 3.043667, 4.477091, 7.209667, 9.609699 ] }, { "date": "2024-10-04", "close": 1.72, "volume": 1074057, "typical_volume": 462410.15, "trend": 11.900167, "fair_value": 20.835481, "relative_strength": -88.805031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.634569, "energy": 93.77443, "activity_lines": [ 2.408667, 3.749182, 6.425452, 8.913065 ] }, { "date": "2024-10-11", "close": 1.692, "volume": 638166, "typical_volume": 488822.8, "trend": 11.359233, "fair_value": 20.62325, "relative_strength": -88.772269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.404494, "energy": 91.931934, "activity_lines": [ 2.033667, 3.155818, 5.714667, 8.254473 ] }, { "date": "2024-10-18", "close": 1.25, "volume": 1042788, "typical_volume": 538384.4, "trend": 10.8429, "fair_value": 20.411391, "relative_strength": -91.537561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.499189, "energy": 92.779559, "activity_lines": [ 1.714533, 2.5986, 5.041157, 7.602265 ] }, { "date": "2024-10-25", "close": 1.166, "volume": 622349, "typical_volume": 554775.65, "trend": 10.3551, "fair_value": 20.199635, "relative_strength": -91.778816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.137541, "energy": 89.358627, "activity_lines": [ 1.463067, 2.152109, 4.437981, 6.977948 ] }, { "date": "2024-11-01", "close": 0.984, "volume": 681612, "typical_volume": 578082.9, "trend": 9.757233, "fair_value": 19.984147, "relative_strength": -92.790556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.458696, "energy": 87.277682, "activity_lines": [ 1.2292, 1.7846, 3.889538, 6.373361 ] }, { "date": "2024-11-08", "close": 0.85, "volume": 581509, "typical_volume": 599278.15, "trend": 9.231567, "fair_value": 19.758186, "relative_strength": -93.528593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.882267, "energy": 71.335953, "activity_lines": [ 1.0584, 1.485745, 3.389838, 5.798701 ] }, { "date": "2024-11-15", "close": 1.042, "volume": 1056813, "typical_volume": 643171.85, "trend": 8.712967, "fair_value": 19.553327, "relative_strength": -91.734733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.480736, "energy": 68.584853, "activity_lines": [ 1.0096, 1.311073, 2.969138, 5.270342 ] }, { "date": "2024-11-22", "close": 1.088, "volume": 450606, "typical_volume": 656343.25, "trend": 8.180567, "fair_value": 19.361583, "relative_strength": -91.072745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.113945, "energy": 68.037079, "activity_lines": [ 1.019467, 1.212, 2.604238, 4.778409 ] }, { "date": "2024-11-29", "close": 1.28, "volume": 1821914, "typical_volume": 735497.65, "trend": 7.6139, "fair_value": 19.173635, "relative_strength": -89.092817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.167932, "energy": 66.119817, "activity_lines": [ 1.104133, 1.176873, 2.312157, 4.333211 ] }, { "date": "2024-12-06", "close": 1.066, "volume": 1233494, "typical_volume": 784291.7, "trend": 7.040767, "fair_value": 18.986878, "relative_strength": -90.831442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.169001, "energy": 65.591434, "activity_lines": [ 1.109867, 1.122109, 2.044457, 3.910766 ] }, { "date": "2024-12-13", "close": 1.04, "volume": 701343, "typical_volume": 813074.85, "trend": 6.485433, "fair_value": 18.801878, "relative_strength": -90.739418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.187818, "energy": 63.433146, "activity_lines": [ 1.101467, 1.090509, 1.813157, 3.523619 ] }, { "date": "2024-12-20", "close": 1.02, "volume": 769528, "typical_volume": 834273.95, "trend": 5.907433, "fair_value": 18.613545, "relative_strength": -90.420626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.182524, "energy": 63.276754, "activity_lines": [ 1.073733, 1.067636, 1.619762, 3.171011 ] }, { "date": "2024-12-27", "close": 1.03, "volume": 174050, "typical_volume": 832448.85, "trend": 5.351767, "fair_value": 18.416942, "relative_strength": -90.09328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.538062, "energy": 66.881639, "activity_lines": [ 1.0508, 1.0588, 1.461033, 2.856338 ] }, { "date": "2025-01-03", "close": 0.805, "volume": 856809, "typical_volume": 868814.7, "trend": 4.835267, "fair_value": 18.223385, "relative_strength": -91.889957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.600781, "energy": 75.511506, "activity_lines": [ 0.956733, 1.013055, 1.314924, 2.562998 ] }, { "date": "2025-01-10", "close": 0.841, "volume": 481094, "typical_volume": 875494.5, "trend": 4.399967, "fair_value": 18.038391, "relative_strength": -91.41034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.029046, "energy": 68.779072, "activity_lines": [ 0.906333, 0.980418, 1.203314, 2.305303 ] }, { "date": "2025-01-17", "close": 0.84, "volume": 186670, "typical_volume": 879935.75, "trend": 3.974633, "fair_value": 17.846981, "relative_strength": -91.400433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.172183, "energy": 68.236016, "activity_lines": [ 0.8706, 0.9502, 1.116652, 2.075628 ] }, { "date": "2025-01-24", "close": 0.82, "volume": 300600, "typical_volume": 884676.5, "trend": 3.6073, "fair_value": 17.654801, "relative_strength": -91.512383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.282848, "energy": 67.572975, "activity_lines": [ 0.841533, 0.916527, 1.051514, 1.872103 ] }, { "date": "2025-01-31", "close": 0.815, "volume": 513487, "typical_volume": 848864.2, "trend": 3.216467, "fair_value": 17.455538, "relative_strength": -91.252025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.889663, "energy": 66.266299, "activity_lines": [ 0.824133, 0.885982, 1.004567, 1.691955 ] }, { "date": "2025-02-07", "close": 0.571, "volume": 698449, "typical_volume": 776653.1, "trend": 2.8795, "fair_value": 17.261122, "relative_strength": -93.587948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.074326, "energy": 69.755423, "activity_lines": [ 0.739733, 0.816036, 0.943286, 1.52128 ] }, { "date": "2025-02-14", "close": 0.62, "volume": 1374860, "typical_volume": 763009.9, "trend": 2.5925, "fair_value": 17.06766, "relative_strength": -92.886909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.753737, "energy": 66.865394, "activity_lines": [ 0.687267, 0.767891, 0.895095, 1.375505 ] }, { "date": "2025-02-21", "close": 0.608, "volume": 324985, "typical_volume": 725556.3, "trend": 2.299433, "fair_value": 16.88566, "relative_strength": -92.677184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.232942, "energy": 63.968755, "activity_lines": [ 0.645533, 0.725673, 0.85519, 1.247473 ] }, { "date": "2025-02-28", "close": 0.641, "volume": 1264452, "typical_volume": 756870.6, "trend": 2.0508, "fair_value": 16.72118, "relative_strength": -91.869778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.409579, "energy": 66.924794, "activity_lines": [ 0.630267, 0.697309, 0.823724, 1.140477 ] }, { "date": "2025-03-07", "close": 0.69, "volume": 829910, "typical_volume": 746226.7, "trend": 1.801133, "fair_value": 16.554449, "relative_strength": -90.815212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.165188, "energy": 64.166639, "activity_lines": [ 0.643267, 0.684745, 0.801929, 1.052684 ] }, { "date": "2025-03-14", "close": 0.65, "volume": 317403, "typical_volume": 730979.4, "trend": 1.578467, "fair_value": 16.369513, "relative_strength": -90.845665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.866996, "energy": 58.243953, "activity_lines": [ 0.651267, 0.671091, 0.77899, 0.978417 ] }, { "date": "2025-03-21", "close": 0.66, "volume": 120975, "typical_volume": 702947.55, "trend": 1.397133, "fair_value": 16.171821, "relative_strength": -90.306247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.430259, "energy": 51.62804, "activity_lines": [ 0.657333, 0.662073, 0.759462, 0.919161 ] }, { "date": "2025-03-28", "close": 0.647, "volume": 144084, "typical_volume": 681076.3, "trend": 1.2267, "fair_value": 15.984622, "relative_strength": -89.922801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.653472, "energy": 44.011219, "activity_lines": [ 0.6564, 0.653982, 0.740238, 0.870766 ] }, { "date": "2025-04-04", "close": 0.62, "volume": 177041, "typical_volume": 637087.7, "trend": 1.089367, "fair_value": 15.806865, "relative_strength": -88.896864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.464473, "energy": 49.90476, "activity_lines": [ 0.643867, 0.644491, 0.71941, 0.831624 ] }, { "date": "2025-04-11", "close": 0.609, "volume": 170923, "typical_volume": 623103.55, "trend": 1.020167, "fair_value": 15.641538, "relative_strength": -88.246989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.250507, "energy": 48.095304, "activity_lines": [ 0.629067, 0.636636, 0.699543, 0.800632 ] }, { "date": "2025-04-18", "close": 0.603, "volume": 101697, "typical_volume": 537092.7, "trend": 0.962267, "fair_value": 15.473929, "relative_strength": -88.024726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.992243, "energy": 46.965784, "activity_lines": [ 0.617667, 0.631436, 0.681386, 0.773718 ] }, { "date": "2025-04-25", "close": 0.6197, "volume": 161751, "typical_volume": 483505.55, "trend": 0.896257, "fair_value": 15.308992, "relative_strength": -87.390788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.75515, "energy": 43.125128, "activity_lines": [ 0.614967, 0.628691, 0.668043, 0.751617 ] }, { "date": "2025-05-02", "close": 0.59, "volume": 283955, "typical_volume": 462636.15, "trend": 0.85859, "fair_value": 15.150594, "relative_strength": -87.540853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.217532, "energy": 41.356095, "activity_lines": [ 0.605053, 0.620551, 0.653997, 0.731859 ] }, { "date": "2025-05-09", "close": 0.4701, "volume": 442983, "typical_volume": 446308.9, "trend": 0.81786, "fair_value": 15.002005, "relative_strength": -89.309554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.662406, "energy": 51.519633, "activity_lines": [ 0.558973, 0.590938, 0.630674, 0.706795 ] }, { "date": "2025-05-16", "close": 0.46, "volume": 258359, "typical_volume": 450524.35, "trend": 0.791527, "fair_value": 14.850467, "relative_strength": -88.938901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.782691, "energy": 70.620447, "activity_lines": [ 0.51952, 0.562596, 0.609009, 0.683707 ] }, { "date": "2025-05-23", "close": 0.475, "volume": 932402, "typical_volume": 454304.0, "trend": 0.768493, "fair_value": 14.701588, "relative_strength": -87.334007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.050768, "energy": 66.611057, "activity_lines": [ 0.495, 0.541164, 0.591486, 0.663286 ] }, { "date": "2025-05-30", "close": 0.465, "volume": 273773, "typical_volume": 443937.95, "trend": 0.751193, "fair_value": 14.558415, "relative_strength": -86.472728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.047949, "energy": 78.781519, "activity_lines": [ 0.47568, 0.521095, 0.574582, 0.643706 ] }, { "date": "2025-06-06", "close": 0.4935, "volume": 364375, "typical_volume": 452823.2, "trend": 0.73931, "fair_value": 14.419912, "relative_strength": -84.406287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.367726, "energy": 71.184236, "activity_lines": [ 0.476173, 0.509753, 0.562183, 0.62708 ] }, { "date": "2025-06-13", "close": 0.5, "volume": 237728, "typical_volume": 449679.6, "trend": 0.721243, "fair_value": 14.307733, "relative_strength": -82.467502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.044063, "energy": 49.982374, "activity_lines": [ 0.485267, 0.502384, 0.552053, 0.611641 ] }, { "date": "2025-06-20", "close": 0.48, "volume": 30649, "typical_volume": 425537.7, "trend": 0.700977, "fair_value": 14.195425, "relative_strength": -81.291003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.765638, "energy": 45.58533, "activity_lines": [ 0.4857, 0.49356, 0.541542, 0.596077 ] }, { "date": "2025-06-27", "close": 0.48, "volume": 0, "typical_volume": 390615.25, "trend": 0.67431, "fair_value": 14.07863, "relative_strength": -79.790609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.743575, "energy": 40.956952, "activity_lines": [ 0.4848, 0.487082, 0.532626, 0.58182 ] }, { "date": "2025-07-04", "close": 0.48, "volume": 0, "typical_volume": 321872.25, "trend": 0.654777, "fair_value": 13.945169, "relative_strength": -77.61214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.651015, "energy": 36.345265, "activity_lines": [ 0.483567, 0.48284, 0.524144, 0.569284 ] }, { "date": "2025-07-11", "close": 0.718, "volume": 546448, "typical_volume": 332945.4, "trend": 0.644043, "fair_value": 13.83772, "relative_strength": -63.859807, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.321328, "energy": 9.583836, "activity_lines": [ 0.560667, 0.524411, 0.538995, 0.573363 ] }, { "date": "2025-07-18", "close": 0.615, "volume": 347911, "typical_volume": 287118.35, "trend": 0.630543, "fair_value": 13.730124, "relative_strength": -66.070209, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.160726, "energy": 14.847908, "activity_lines": [ 0.588467, 0.544927, 0.543512, 0.571489 ] }, { "date": "2025-07-25", "close": 0.66, "volume": 159062, "typical_volume": 253575.95, "trend": 0.61821, "fair_value": 13.612816, "relative_strength": -59.746993, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.408399, "energy": 26.117444, "activity_lines": [ 0.6236, 0.570991, 0.55244, 0.57339 ] }, { "date": "2025-08-01", "close": 0.62, "volume": 525939, "typical_volume": 264002.75, "trend": 0.612043, "fair_value": 13.493585, "relative_strength": -56.616028, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.040817, "energy": 28.381292, "activity_lines": [ 0.6334, 0.586145, 0.5577, 0.573505 ] }, { "date": "2025-08-08", "close": 0.596, "volume": 199203, "typical_volume": 267914.15, "trend": 0.603877, "fair_value": 13.34997, "relative_strength": -54.513863, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.705188, "energy": 28.123746, "activity_lines": [ 0.625867, 0.5943, 0.560818, 0.57247 ] }, { "date": "2025-08-15", "close": 0.567, "volume": 137814, "typical_volume": 267600.65, "trend": 0.594777, "fair_value": 13.211938, "relative_strength": -52.820913, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.289442, "energy": 13.619557, "activity_lines": [ 0.600933, 0.5948, 0.561478, 0.570091 ] }, { "date": "2025-08-22", "close": 0.564, "volume": 242066, "typical_volume": 270851.9, "trend": 0.586243, "fair_value": 13.062989, "relative_strength": -48.553131, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.066372, "energy": 4.835306, "activity_lines": [ 0.585067, 0.593418, 0.562234, 0.568106 ] }, { "date": "2025-08-29", "close": 0.532, "volume": 245705, "typical_volume": 274591.0, "trend": 0.57681, "fair_value": 12.934348, "relative_strength": -44.474498, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.65938, "energy": 15.449581, "activity_lines": [ 0.561933, 0.585055, 0.560209, 0.564606 ] }, { "date": "2025-09-05", "close": 0.5, "volume": 207512, "typical_volume": 279881.75, "trend": 0.574443, "fair_value": 12.806143, "relative_strength": -42.459961, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.5991, "energy": 31.331798, "activity_lines": [ 0.536667, 0.569927, 0.555502, 0.559651 ] }, { "date": "2025-09-12", "close": 0.64, "volume": 1137891, "typical_volume": 328688.75, "trend": 0.57511, "fair_value": 12.691271, "relative_strength": -24.18668, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.419052, "energy": 9.172193, "activity_lines": [ 0.566067, 0.579891, 0.56462, 0.56388 ] }, { "date": "2025-09-19", "close": 0.728, "volume": 661538, "typical_volume": 347567.9, "trend": 0.57911, "fair_value": 12.603887, "relative_strength": -10.577991, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.100468, "energy": 24.681151, "activity_lines": [ 0.621867, 0.602945, 0.582022, 0.573744 ] }, { "date": "2025-09-26", "close": 1.074, "volume": 3446191, "typical_volume": 497728.3, "trend": 0.593543, "fair_value": 12.513207, "relative_strength": 36.634882, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.256214, "energy": 73.618362, "activity_lines": [ 0.782267, 0.688727, 0.631719, 0.605672 ] }, { "date": "2025-10-03", "close": 1.06, "volume": 1310000, "typical_volume": 550310.35, "trend": 0.605877, "fair_value": 12.424489, "relative_strength": 33.832766, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.317269, "energy": 80.780931, "activity_lines": [ 0.904, 0.763618, 0.677207, 0.635766 ] }, { "date": "2025-10-10", "close": 1.02, "volume": 829276, "typical_volume": 545154.05, "trend": 0.61821, "fair_value": 12.322053, "relative_strength": 33.924703, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.327911, "energy": 84.296604, "activity_lines": [ 0.9772, 0.823964, 0.716029, 0.662484 ] }, { "date": "2025-10-17", "close": 0.955, "volume": 511407, "typical_volume": 557035.75, "trend": 0.628043, "fair_value": 12.224457, "relative_strength": 22.621302, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.572903, "energy": 81.808994, "activity_lines": [ 0.994067, 0.865218, 0.746064, 0.684212 ] }, { "date": "2025-10-24", "close": 1.054, "volume": 450383, "typical_volume": 561336.15, "trend": 0.64161, "fair_value": 12.129675, "relative_strength": 35.234072, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.568392, "energy": 77.496299, "activity_lines": [ 1.022933, 0.917945, 0.783195, 0.711693 ] }, { "date": "2025-10-31", "close": 1.02, "volume": 502983, "typical_volume": 574598.9, "trend": 0.654943, "fair_value": 12.039803, "relative_strength": 32.750944, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.192635, "energy": 59.177648, "activity_lines": [ 1.018733, 0.955636, 0.814419, 0.736106 ] }, { "date": "2025-11-07", "close": 0.86, "volume": 448196, "typical_volume": 595476.25, "trend": 0.66331, "fair_value": 11.939034, "relative_strength": 14.511233, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.192361, "energy": 41.494546, "activity_lines": [ 0.9648, 0.955945, 0.827929, 0.749335 ] }, { "date": "2025-11-14", "close": 0.811, "volume": 299352, "typical_volume": 610443.85, "trend": 0.670243, "fair_value": 11.814105, "relative_strength": 6.031435, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.281156, "energy": 28.975385, "activity_lines": [ 0.907867, 0.941382, 0.834962, 0.758863 ] }, { "date": "2025-11-21", "close": 0.677, "volume": 501378, "typical_volume": 635512.75, "trend": 0.672153, "fair_value": 11.688957, "relative_strength": -8.180661, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.13284, "energy": 18.342988, "activity_lines": [ 0.8202, 0.8968, 0.827657, 0.759299 ] }, { "date": "2025-11-28", "close": 0.778, "volume": 524346, "typical_volume": 634407.65, "trend": 0.67842, "fair_value": 11.582149, "relative_strength": 5.480021, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.377618, "energy": 22.726005, "activity_lines": [ 0.784733, 0.869909, 0.829033, 0.766128 ] }, { "date": "2025-12-05", "close": 0.756, "volume": 505285, "typical_volume": 642276.35, "trend": 0.68795, "fair_value": 11.475457, "relative_strength": 3.704195, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.453274, "energy": 20.0827, "activity_lines": [ 0.760333, 0.838109, 0.828029, 0.771133 ] }, { "date": "2025-12-12", "close": 0.81, "volume": 505125, "typical_volume": 659579.5, "trend": 0.699617, "fair_value": 11.372444, "relative_strength": 12.71113, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.444684, "energy": 14.865303, "activity_lines": [ 0.771533, 0.821909, 0.831495, 0.779008 ] }, { "date": "2025-12-19", "close": 0.832, "volume": 358557, "typical_volume": 651210.4, "trend": 0.711517, "fair_value": 11.264444, "relative_strength": 15.548721, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.289659, "energy": 9.529903, "activity_lines": [ 0.7934, 0.814255, 0.836343, 0.787548 ] }, { "date": "2025-12-26", "close": 0.992, "volume": 666852, "typical_volume": 674592.85, "trend": 0.729083, "fair_value": 11.159649, "relative_strength": 39.115883, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.844377, "energy": 24.914992, "activity_lines": [ 0.8672, 0.839109, 0.855419, 0.805644 ] }, { "date": "2026-01-02", "close": 1.228, "volume": 1328478, "typical_volume": 734126.05, "trend": 0.753567, "fair_value": 11.055085, "relative_strength": 68.836401, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 77.920451, "energy": 70.106945, "activity_lines": [ 0.998667, 0.9062, 0.895086, 0.837832 ] }, { "date": "2026-01-09", "close": 1.24, "volume": 1013011, "typical_volume": 772673.3, "trend": 0.778233, "fair_value": 10.949829, "relative_strength": 65.822233, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.258628, "energy": 80.321112, "activity_lines": [ 1.104133, 0.972309, 0.932748, 0.869215 ] }, { "date": "2026-01-16", "close": 2.17, "volume": 3267280, "typical_volume": 923752.05, "trend": 0.834567, "fair_value": 10.83938, "relative_strength": 184.407124, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.482671, "energy": 96.732268, "activity_lines": [ 1.487333, 1.203509, 1.055762, 0.959006 ] }, { "date": "2026-01-23", "close": 3.58, "volume": 7380643, "typical_volume": 1282408.6, "trend": 0.9379, "fair_value": 10.729316, "relative_strength": 344.757658, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.0128, "energy": 98.844579, "activity_lines": [ 2.249867, 1.667255, 1.305262, 1.136131 ] }, { "date": "2026-01-30", "close": 2.6, "volume": 3960622, "typical_volume": 1423545.15, "trend": 1.008567, "fair_value": 10.614572, "relative_strength": 210.529706, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.513829, "energy": 90.502599, "activity_lines": [ 2.502533, 1.902473, 1.446762, 1.243363 ] }, { "date": "2026-02-06", "close": 2.75, "volume": 2130518, "typical_volume": 1496994.15, "trend": 1.0763, "fair_value": 10.506431, "relative_strength": 207.62486, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.113224, "energy": 89.651614, "activity_lines": [ 2.698, 2.13, 1.593214, 1.355714 ] }, { "date": "2026-02-13", "close": 3.47, "volume": 3219028, "typical_volume": 1485636.0, "trend": 1.171467, "fair_value": 10.405983, "relative_strength": 264.245415, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.845374, "energy": 88.840618, "activity_lines": [ 3.032, 2.452582, 1.79861, 1.510146 ] }, { "date": "2026-02-20", "close": 4.785, "volume": 2888684, "typical_volume": 1564570.2, "trend": 1.308967, "fair_value": 10.322297, "relative_strength": 353.203688, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.209518, "energy": 77.01035, "activity_lines": [ 3.655667, 2.964909, 2.117833, 1.743277 ] }, { "date": "2026-02-27", "close": 4.53, "volume": 4186761, "typical_volume": 1732444.45, "trend": 1.4393, "fair_value": 10.235694, "relative_strength": 298.072513, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.455287, "energy": 72.111296, "activity_lines": [ 4.02, 3.3586, 2.395033, 1.951086 ] }, { "date": "2026-03-06", "close": 3.91, "volume": 2213697, "typical_volume": 1817558.95, "trend": 1.549767, "fair_value": 10.151912, "relative_strength": 248.4128, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.233406, "energy": 65.881782, "activity_lines": [ 4.114333, 3.572327, 2.596471, 2.110486 ] }, { "date": "2026-03-13", "close": 4.015, "volume": 1370862, "typical_volume": 1863582.9, "trend": 1.6647, "fair_value": 10.075855, "relative_strength": 241.522314, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.080414, "energy": 61.532456, "activity_lines": [ 4.156333, 3.752091, 2.793838, 2.269533 ] }, { "date": "2026-03-20", "close": 4.055, "volume": 784783, "typical_volume": 1877672.9, "trend": 1.781067, "fair_value": 9.998771, "relative_strength": 236.525287, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.592259, "energy": 54.297358, "activity_lines": [ 4.127333, 3.888455, 2.980914, 2.423746 ] }, { "date": "2026-03-27", "close": 3.385, "volume": 1017189, "typical_volume": 1906122.55, "trend": 1.876167, "fair_value": 9.92047, "relative_strength": 167.872135, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.863402, "energy": 38.421767, "activity_lines": [ 3.836, 3.851818, 3.089729, 2.527226 ] }, { "date": "2026-04-03", "close": 3.405, "volume": 1198996, "typical_volume": 1951104.75, "trend": 1.973, "fair_value": 9.834861, "relative_strength": 150.584303, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.678133, "energy": 30.061226, "activity_lines": [ 3.644667, 3.796727, 3.188424, 2.62586 ] }, { "date": "2026-04-10", "close": 4.0, "volume": 1221208, "typical_volume": 1987096.25, "trend": 2.085, "fair_value": 9.743451, "relative_strength": 171.581848, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.256156, "energy": 28.155031, "activity_lines": [ 3.726667, 3.853, 3.331433, 2.756634 ] }, { "date": "2026-04-17", "close": 7.39, "volume": 6118114, "typical_volume": 2266784.65, "trend": 2.307067, "fair_value": 9.67954, "relative_strength": 353.075196, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 83.098196, "energy": 53.959945, "activity_lines": [ 4.932667, 4.500182, 3.781476, 3.098892 ] }, { "date": "2026-04-24", "close": 8.35, "volume": 5357216, "typical_volume": 2509381.2, "trend": 2.5496, "fair_value": 9.627297, "relative_strength": 383.496763, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.598915, "energy": 84.975219, "activity_lines": [ 6.233667, 5.237545, 4.291462, 3.488759 ] }, { "date": "2026-05-01", "close": 8.08, "volume": 4212998, "typical_volume": 2694774.85, "trend": 2.7836, "fair_value": 9.566784, "relative_strength": 334.072761, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.567928, "energy": 88.061376, "activity_lines": [ 7.158333, 5.837091, 4.739571, 3.845559 ] }, { "date": "2026-05-08", "close": 7.98, "volume": 2353931, "typical_volume": 2794543.55, "trend": 3.0156, "fair_value": 9.50281, "relative_strength": 298.023064, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.77713, "energy": 86.722402, "activity_lines": [ 7.736667, 6.358545, 5.143538, 4.180811 ] }, { "date": "2026-05-15", "close": 8.34, "volume": 2165408, "typical_volume": 2869471.35, "trend": 3.261767, "fair_value": 9.439348, "relative_strength": 293.98594, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.06762, "energy": 84.318614, "activity_lines": [ 8.13, 6.882727, 5.547752, 4.52432 ] }, { "date": "2026-05-22", "close": 11.06, "volume": 2532341, "typical_volume": 2929664.5, "trend": 3.5953, "fair_value": 9.386528, "relative_strength": 367.974806, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.611379, "energy": 85.283778, "activity_lines": [ 9.140667, 7.820909, 6.176024, 5.027432 ] }, { "date": "2026-05-29", "close": 13.0, "volume": 3915576, "typical_volume": 3074792.75, "trend": 3.994633, "fair_value": 9.313771, "relative_strength": 395.498999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.584705, "energy": 89.399321, "activity_lines": [ 10.553333, 8.983727, 6.942238, 5.634187 ] }, { "date": "2026-06-05", "close": 11.9, "volume": 328564, "typical_volume": 2927856.95, "trend": 4.362633, "fair_value": 9.222425, "relative_strength": 317.008308, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.103701, "energy": 84.263531, "activity_lines": [ 11.289333, 9.783909, 7.54769, 6.144211 ] }, { "date": "2026-06-12", "close": 11.12, "volume": 389102, "typical_volume": 2578279.9, "trend": 4.706267, "fair_value": 9.119669, "relative_strength": 258.350043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.487652, "energy": 78.557975, "activity_lines": [ 11.510667, 10.287455, 8.032524, 6.58017 ] }, { "date": "2026-06-19", "close": 8.8, "volume": 548425, "typical_volume": 2407670.05, "trend": 4.977033, "fair_value": 9.014861, "relative_strength": 167.622697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.645393, "energy": 56.587043, "activity_lines": [ 10.749333, 10.228909, 8.2605, 6.844282 ] }, { "date": "2026-06-26", "close": 8.02, "volume": 381194, "typical_volume": 2320203.85, "trend": 5.218433, "fair_value": 8.885181, "relative_strength": 134.625237, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.77699, "energy": 36.185583, "activity_lines": [ 9.697333, 9.941273, 8.384667, 7.040602 ] }, { "date": "2026-07-03", "close": 9.42, "volume": 425141, "typical_volume": 2180509.5, "trend": 5.507233, "fair_value": 8.765117, "relative_strength": 158.834519, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.064314, "energy": 24.559672, "activity_lines": [ 9.314667, 9.896727, 8.617071, 7.311671 ] }, { "date": "2026-07-10", "close": 8.64, "volume": 1056641, "typical_volume": 2088907.35, "trend": 5.768233, "fair_value": 8.626271, "relative_strength": 132.351494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.683213, "energy": 24.119221, "activity_lines": [ 8.910667, 9.690909, 8.746857, 7.513785 ] }, { "date": "2026-07-17", "close": 7.45, "volume": 857092, "typical_volume": 1922423.9, "trend": 5.988833, "fair_value": 8.49454, "relative_strength": 93.552005, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.175652, "energy": 22.149101, "activity_lines": [ 8.327333, 9.258545, 8.744952, 7.622286 ] }, { "date": "2026-07-24", "close": 7.68, "volume": 1112944, "typical_volume": 1867386.25, "trend": 6.211767, "fair_value": 8.351143, "relative_strength": 92.063703, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.986846, "energy": 18.187887, "activity_lines": [ 8.065333, 8.877636, 8.751048, 7.731394 ] }, { "date": "2026-07-31", "close": 6.99, "volume": 1324855, "typical_volume": 1865085.9, "trend": 6.403833, "fair_value": 8.218387, "relative_strength": 67.014913, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.596015, "energy": 13.417303, "activity_lines": [ 7.648, 8.383273, 8.673476, 7.781602 ] }, { "date": "2026-08-07", "close": 7.32, "volume": 748534, "typical_volume": 1863273.45, "trend": 6.6065, "fair_value": 8.076528, "relative_strength": 65.832564, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.429512, "energy": 16.152538, "activity_lines": [ 7.409333, 8.022909, 8.613167, 7.84071 ] } ], "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." } } }