{ "ticker": { "uuid": "c6f75c14-977c-447c-a266-9f46d5ecf714", "symbol": "IFS", "name": "IFS Capital (Thailand) Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 59.403, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 39.678, "architecture_energy": 70.559, "architecture_maturity": 6.666, "architecture_confidence": 67.239, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 14.5, "rotation_up": 76.65, "upward_expansion": 60.31, "deceleration": 14.92, "rotation_down": 14.09, "downward_expansion": 30.65 }, "activity_lines": [ 1.953333, 1.919455, 1.883, 1.885499 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 1.97, "trend_reference": 1.906467, "distance_from_trend": 0.033325, "trend_direction": "Weakening", "fair_value": 2.112631, "distance_from_fair_value": -0.067513, "fair_value_direction": "Improving", "relative_strength": -12.786075, "relative_strength_direction": "Improving", "price_momentum": -0.021847, "excess_performance": -0.214172, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.033325, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.016237, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.067513, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.0917, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.127861, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.062515, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.021847, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 10.155307, "read": "Demand-led" } ], "volume": { "latest": 300000, "relative_activity": 1.486952, "balance": 10.155307, "dry_up": 0.86615, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.021866, "annualized_volatility": 0.131748, "from_high_reference": -0.170526, "from_low_reference": 0.106742 }, "levels": { "trend_reference": 1.906467, "fair_value_reference": 2.112631, "structural_low": 1.78, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.006667, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.017795, "regime_survival": 0.285714, "best_return": 0.125926, "worst_return": -0.023256, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.020362, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.006714, "regime_survival": 0.0, "best_return": 0.274074, "worst_return": -0.078565, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.020362, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.089176, "regime_survival": 0.0, "best_return": 0.174765, "worst_return": -0.071194, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.041505, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.105401, "regime_survival": 0.0, "best_return": 0.135866, "worst_return": -0.093308, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-31", "end": "2024-06-14", "tenure": "New", "return": -0.024, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-09-20", "tenure": "Established", "return": 0.065574, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-18", "tenure": "New", "return": -0.015504, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-12-20", "tenure": "Developing", "return": -0.047619, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": -0.041667, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-03-07", "tenure": "Developing", "return": 0.064573, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-05-09", "tenure": "Developing", "return": -0.12931, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-08-08", "tenure": "Established", "return": 0.086294, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": -0.018868, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-10-17", "tenure": "Developing", "return": -0.009524, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2026-02-20", "tenure": "Established", "return": 0.028846, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.065421, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-07-24", "tenure": "Established", "return": 0.036842, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.015464, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.353906, "volume": 111800, "typical_volume": 349525.0, "trend": 2.358048, "fair_value": 2.184862, "relative_strength": 5.032685, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.092679, "energy": 13.942068, "activity_lines": [ 2.344939, 2.342595, 2.348862, 2.351071 ] }, { "date": "2023-08-25", "close": 2.437974, "volume": 7920700, "typical_volume": 734100.0, "trend": 2.358202, "fair_value": 2.18956, "relative_strength": 5.75164, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.841656, "energy": 26.689787, "activity_lines": [ 2.376324, 2.359409, 2.357509, 2.356228 ] }, { "date": "2023-09-01", "close": 2.387533, "volume": 1631300, "typical_volume": 811925.0, "trend": 2.357734, "fair_value": 2.193844, "relative_strength": 3.385136, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.897297, "energy": 39.127485, "activity_lines": [ 2.385291, 2.366134, 2.360872, 2.35812 ] }, { "date": "2023-09-08", "close": 2.421161, "volume": 909200, "typical_volume": 848510.0, "trend": 2.359447, "fair_value": 2.198527, "relative_strength": 5.630772, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.033238, "energy": 58.11359, "activity_lines": [ 2.402105, 2.378057, 2.367277, 2.362212 ] }, { "date": "2023-09-15", "close": 2.454788, "volume": 679300, "typical_volume": 855535.0, "trend": 2.363341, "fair_value": 2.203425, "relative_strength": 7.248538, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.192197, "energy": 69.449922, "activity_lines": [ 2.423402, 2.39487, 2.376484, 2.368363 ] }, { "date": "2023-09-22", "close": 2.421161, "volume": 257800, "typical_volume": 847205.0, "trend": 2.363994, "fair_value": 2.208108, "relative_strength": 6.925501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.959367, "energy": 59.739317, "activity_lines": [ 2.426765, 2.40343, 2.381689, 2.372094 ] }, { "date": "2023-09-29", "close": 2.387533, "volume": 715000, "typical_volume": 870190.0, "trend": 2.363434, "fair_value": 2.212391, "relative_strength": 8.822516, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.400369, "energy": 42.664553, "activity_lines": [ 2.414435, 2.404041, 2.38297, 2.373612 ] }, { "date": "2023-10-06", "close": 2.353906, "volume": 665500, "typical_volume": 819415.0, "trend": 2.363434, "fair_value": 2.216459, "relative_strength": 9.472045, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.78753, "energy": 18.123655, "activity_lines": [ 2.394259, 2.397927, 2.380808, 2.372998 ] }, { "date": "2023-10-13", "close": 2.353906, "volume": 559500, "typical_volume": 814905.0, "trend": 2.365115, "fair_value": 2.220619, "relative_strength": 8.313471, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.989845, "energy": 14.789777, "activity_lines": [ 2.376324, 2.391507, 2.378726, 2.372383 ] }, { "date": "2023-10-20", "close": 2.303465, "volume": 397300, "typical_volume": 808620.0, "trend": 2.361752, "fair_value": 2.224639, "relative_strength": 9.608658, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -16.976121, "energy": 22.718441, "activity_lines": [ 2.34606, 2.375305, 2.372241, 2.368405 ] }, { "date": "2023-10-27", "close": 2.286652, "volume": 311900, "typical_volume": 802755.0, "trend": 2.35839, "fair_value": 2.228459, "relative_strength": 9.411943, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -30.376488, "energy": 32.787353, "activity_lines": [ 2.320279, 2.356963, 2.364555, 2.36356 ] }, { "date": "2023-11-03", "close": 2.286652, "volume": 345700, "typical_volume": 811180.0, "trend": 2.356708, "fair_value": 2.232739, "relative_strength": 6.7329, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.596298, "energy": 50.730772, "activity_lines": [ 2.303465, 2.339844, 2.357269, 2.358932 ] }, { "date": "2023-11-10", "close": 2.286652, "volume": 183900, "typical_volume": 801715.0, "trend": 2.354467, "fair_value": 2.237019, "relative_strength": 8.709905, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.299244, "energy": 65.250218, "activity_lines": [ 2.293377, 2.325476, 2.350463, 2.354412 ] }, { "date": "2023-11-17", "close": 2.303465, "volume": 190000, "typical_volume": 801040.0, "trend": 2.353346, "fair_value": 2.241223, "relative_strength": 7.167875, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.239763, "energy": 56.679351, "activity_lines": [ 2.293377, 2.315999, 2.345499, 2.351122 ] }, { "date": "2023-11-24", "close": 2.320279, "volume": 332200, "typical_volume": 799555.0, "trend": 2.354467, "fair_value": 2.245351, "relative_strength": 8.998987, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.434615, "energy": 43.772418, "activity_lines": [ 2.302344, 2.311719, 2.342377, 2.348989 ] }, { "date": "2023-12-01", "close": 2.303465, "volume": 418300, "typical_volume": 815920.0, "trend": 2.355587, "fair_value": 2.249279, "relative_strength": 9.160706, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.08143, "energy": 33.73983, "activity_lines": [ 2.304586, 2.306828, 2.337733, 2.345698 ] }, { "date": "2023-12-08", "close": 2.286652, "volume": 702000, "typical_volume": 843345.0, "trend": 2.353906, "fair_value": 2.252732, "relative_strength": 8.004618, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.997662, "energy": 33.065566, "activity_lines": [ 2.300103, 2.30102, 2.331568, 2.341251 ] }, { "date": "2023-12-15", "close": 2.253024, "volume": 363900, "typical_volume": 851485.0, "trend": 2.349983, "fair_value": 2.255419, "relative_strength": 5.441907, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.234549, "energy": 45.039049, "activity_lines": [ 2.28441, 2.290931, 2.322521, 2.334742 ] }, { "date": "2023-12-22", "close": 2.286652, "volume": 227700, "typical_volume": 856155.0, "trend": 2.344939, "fair_value": 2.258596, "relative_strength": 5.74292, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.102445, "energy": 41.322966, "activity_lines": [ 2.282168, 2.288792, 2.317076, 2.330656 ] }, { "date": "2023-12-29", "close": 2.269838, "volume": 301000, "typical_volume": 861200.0, "trend": 2.341016, "fair_value": 2.261574, "relative_strength": 3.93002, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.290834, "energy": 51.992346, "activity_lines": [ 2.275443, 2.284817, 2.310191, 2.325811 ] }, { "date": "2024-01-05", "close": 2.286652, "volume": 1494900, "typical_volume": 930355.0, "trend": 2.338213, "fair_value": 2.26466, "relative_strength": 3.584567, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.857649, "energy": 48.534163, "activity_lines": [ 2.277685, 2.284512, 2.305307, 2.322304 ] }, { "date": "2024-01-12", "close": 2.303465, "volume": 173300, "typical_volume": 542985.0, "trend": 2.335411, "fair_value": 2.26767, "relative_strength": 5.147779, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.570089, "energy": 29.247897, "activity_lines": [ 2.286652, 2.287263, 2.302344, 2.320062 ] }, { "date": "2024-01-19", "close": 2.286652, "volume": 513700, "typical_volume": 487105.0, "trend": 2.33373, "fair_value": 2.270572, "relative_strength": 6.441468, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.666026, "energy": 23.506261, "activity_lines": [ 2.288894, 2.286652, 2.298421, 2.316916 ] }, { "date": "2024-01-26", "close": 2.286652, "volume": 493300, "typical_volume": 466310.0, "trend": 2.331488, "fair_value": 2.273749, "relative_strength": 7.261286, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.646743, "energy": 19.999328, "activity_lines": [ 2.288894, 2.28604, 2.294978, 2.313879 ] }, { "date": "2024-02-02", "close": 2.303465, "volume": 384800, "typical_volume": 451585.0, "trend": 2.330367, "fair_value": 2.276759, "relative_strength": 6.488532, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.876043, "energy": 16.297141, "activity_lines": [ 2.294498, 2.288792, 2.293777, 2.312071 ] }, { "date": "2024-02-09", "close": 2.320279, "volume": 215900, "typical_volume": 449490.0, "trend": 2.330367, "fair_value": 2.279785, "relative_strength": 6.609613, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.755795, "energy": 9.2252, "activity_lines": [ 2.303465, 2.294906, 2.294898, 2.31142 ] }, { "date": "2024-02-16", "close": 2.303465, "volume": 137500, "typical_volume": 420615.0, "trend": 2.328686, "fair_value": 2.282427, "relative_strength": 5.678317, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.856335, "energy": 11.101651, "activity_lines": [ 2.304586, 2.297657, 2.294898, 2.309685 ] }, { "date": "2024-02-23", "close": 2.404347, "volume": 486700, "typical_volume": 411675.0, "trend": 2.330928, "fair_value": 2.285808, "relative_strength": 9.036773, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.511911, "energy": 32.762971, "activity_lines": [ 2.339334, 2.318445, 2.304906, 2.314566 ] }, { "date": "2024-03-01", "close": 2.421161, "volume": 1329300, "typical_volume": 450165.0, "trend": 2.33429, "fair_value": 2.289486, "relative_strength": 11.891729, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.992282, "energy": 58.296899, "activity_lines": [ 2.371841, 2.339538, 2.316276, 2.320387 ] }, { "date": "2024-03-08", "close": 2.427266, "volume": 2033100, "typical_volume": 531955.0, "trend": 2.336736, "fair_value": 2.29262, "relative_strength": 10.26243, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.504386, "energy": 65.177735, "activity_lines": [ 2.397415, 2.359296, 2.327906, 2.326386 ] }, { "date": "2024-03-15", "close": 2.409418, "volume": 106600, "typical_volume": 521690.0, "trend": 2.338586, "fair_value": 2.295252, "relative_strength": 9.131092, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.835649, "energy": 65.216822, "activity_lines": [ 2.408786, 2.372947, 2.337247, 2.331075 ] }, { "date": "2024-03-22", "close": 2.427266, "volume": 376600, "typical_volume": 523235.0, "trend": 2.338229, "fair_value": 2.297901, "relative_strength": 10.009274, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.300042, "energy": 67.66625, "activity_lines": [ 2.420165, 2.38761, 2.347703, 2.336796 ] }, { "date": "2024-03-29", "close": 2.373723, "volume": 510800, "typical_volume": 539580.0, "trend": 2.337769, "fair_value": 2.299819, "relative_strength": 7.515376, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.68608, "energy": 51.396123, "activity_lines": [ 2.405442, 2.390287, 2.352391, 2.339086 ] }, { "date": "2024-04-05", "close": 2.391571, "volume": 329000, "typical_volume": 546530.0, "trend": 2.336782, "fair_value": 2.302142, "relative_strength": 8.176372, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.895206, "energy": 38.362872, "activity_lines": [ 2.39871, 2.394627, 2.358363, 2.342557 ] }, { "date": "2024-04-12", "close": 2.373723, "volume": 213200, "typical_volume": 540580.0, "trend": 2.33408, "fair_value": 2.304545, "relative_strength": 5.489575, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.769228, "energy": 27.155285, "activity_lines": [ 2.388001, 2.393814, 2.362217, 2.344941 ] }, { "date": "2024-04-19", "close": 2.373723, "volume": 0, "typical_volume": 519665.0, "trend": 2.332499, "fair_value": 2.306754, "relative_strength": 10.21037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.62739, "energy": 21.068135, "activity_lines": [ 2.380862, 2.391723, 2.365815, 2.347498 ] }, { "date": "2024-04-26", "close": 2.391571, "volume": 600400, "typical_volume": 514585.0, "trend": 2.332634, "fair_value": 2.308397, "relative_strength": 8.42488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.726103, "energy": 19.316295, "activity_lines": [ 2.382052, 2.391906, 2.370779, 2.351309 ] }, { "date": "2024-05-03", "close": 2.338028, "volume": 209700, "typical_volume": 506875.0, "trend": 2.332104, "fair_value": 2.309989, "relative_strength": 4.943615, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.941589, "energy": 14.734834, "activity_lines": [ 2.367774, 2.380751, 2.370144, 2.351657 ] }, { "date": "2024-05-10", "close": 2.284485, "volume": 362600, "typical_volume": 513620.0, "trend": 2.32979, "fair_value": 2.311723, "relative_strength": 2.188881, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.281714, "energy": 14.190183, "activity_lines": [ 2.338028, 2.361068, 2.364005, 2.348585 ] }, { "date": "2024-05-17", "close": 2.284485, "volume": 120900, "typical_volume": 504615.0, "trend": 2.329158, "fair_value": 2.313359, "relative_strength": 1.28785, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.41455, "energy": 27.474959, "activity_lines": [ 2.315421, 2.343869, 2.357876, 2.345662 ] }, { "date": "2024-05-24", "close": 2.24879, "volume": 155900, "typical_volume": 437665.0, "trend": 2.327896, "fair_value": 2.31467, "relative_strength": 0.969057, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.969651, "energy": 56.211425, "activity_lines": [ 2.286865, 2.322776, 2.348278, 2.340477 ] }, { "date": "2024-05-31", "close": 2.230943, "volume": 321800, "typical_volume": 445090.0, "trend": 2.326039, "fair_value": 2.315575, "relative_strength": 1.450772, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.579854, "energy": 66.367273, "activity_lines": [ 2.260689, 2.301359, 2.337161, 2.334222 ] }, { "date": "2024-06-07", "close": 2.213095, "volume": 171200, "typical_volume": 427965.0, "trend": 2.323587, "fair_value": 2.316755, "relative_strength": 1.452301, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.114838, "energy": 76.71786, "activity_lines": [ 2.239271, 2.280267, 2.324689, 2.326936 ] }, { "date": "2024-06-14", "close": 2.1774, "volume": 109300, "typical_volume": 408765.0, "trend": 2.319384, "fair_value": 2.317317, "relative_strength": 1.654252, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.8969, "energy": 91.29325, "activity_lines": [ 2.214285, 2.255605, 2.309167, 2.317504 ] }, { "date": "2024-06-21", "close": 2.1774, "volume": 146400, "typical_volume": 396845.0, "trend": 2.314622, "fair_value": 2.31817, "relative_strength": 1.529729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.536634, "energy": 89.354347, "activity_lines": [ 2.196437, 2.234837, 2.294166, 2.308344 ] }, { "date": "2024-06-28", "close": 2.1774, "volume": 35000, "typical_volume": 387800.0, "trend": 2.31042, "fair_value": 2.319217, "relative_strength": 1.826649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.751097, "energy": 87.685101, "activity_lines": [ 2.185729, 2.217638, 2.279766, 2.299491 ] }, { "date": "2024-07-05", "close": 2.195248, "volume": 58800, "typical_volume": 383865.0, "trend": 2.307373, "fair_value": 2.320379, "relative_strength": 1.673043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.789783, "energy": 77.683049, "activity_lines": [ 2.185729, 2.207254, 2.267745, 2.29206 ] }, { "date": "2024-07-12", "close": 2.230943, "volume": 237500, "typical_volume": 371405.0, "trend": 2.306637, "fair_value": 2.321478, "relative_strength": 1.597357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.688167, "energy": 53.795517, "activity_lines": [ 2.200007, 2.20693, 2.25964, 2.287129 ] }, { "date": "2024-07-19", "close": 2.230943, "volume": 34000, "typical_volume": 306640.0, "trend": 2.30478, "fair_value": 2.322966, "relative_strength": 2.56179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.064347, "energy": 38.866525, "activity_lines": [ 2.213095, 2.208552, 2.25236, 2.282246 ] }, { "date": "2024-07-26", "close": 2.1774, "volume": 145300, "typical_volume": 212250.0, "trend": 2.301699, "fair_value": 2.324207, "relative_strength": 0.683292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.204148, "energy": 39.971685, "activity_lines": [ 2.204766, 2.201413, 2.240886, 2.274028 ] }, { "date": "2024-08-02", "close": 2.159553, "volume": 13900, "typical_volume": 207615.0, "trend": 2.297462, "fair_value": 2.325431, "relative_strength": -0.736724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.196232, "energy": 47.012964, "activity_lines": [ 2.190489, 2.192976, 2.228903, 2.264857 ] }, { "date": "2024-08-09", "close": 2.070315, "volume": 422200, "typical_volume": 209895.0, "trend": 2.28969, "fair_value": 2.326375, "relative_strength": -3.734116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.10341, "energy": 71.342498, "activity_lines": [ 2.147654, 2.169937, 2.209611, 2.250203 ] }, { "date": "2024-08-16", "close": 2.123857, "volume": 36200, "typical_volume": 186165.0, "trend": 2.284264, "fair_value": 2.327855, "relative_strength": -1.785603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.399496, "energy": 77.754665, "activity_lines": [ 2.130996, 2.159553, 2.197117, 2.239504 ] }, { "date": "2024-08-23", "close": 2.266638, "volume": 432500, "typical_volume": 191340.0, "trend": 2.283597, "fair_value": 2.329863, "relative_strength": 0.675514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.775705, "energy": 39.836279, "activity_lines": [ 2.169071, 2.176751, 2.199412, 2.238366 ] }, { "date": "2024-08-30", "close": 2.24879, "volume": 379900, "typical_volume": 199675.0, "trend": 2.281774, "fair_value": 2.331756, "relative_strength": -0.570493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.952169, "energy": 23.530163, "activity_lines": [ 2.198817, 2.189082, 2.200602, 2.236121 ] }, { "date": "2024-09-06", "close": 2.159553, "volume": 1100600, "typical_volume": 254705.0, "trend": 2.276417, "fair_value": 2.332786, "relative_strength": -9.047317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.414485, "energy": 22.035596, "activity_lines": [ 2.194058, 2.18389, 2.193888, 2.228236 ] }, { "date": "2024-09-13", "close": 2.32018, "volume": 949000, "typical_volume": 272135.0, "trend": 2.276974, "fair_value": 2.334749, "relative_strength": -2.101173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.946431, "energy": 20.196725, "activity_lines": [ 2.242841, 2.208228, 2.203492, 2.231059 ] }, { "date": "2024-09-20", "close": 2.32018, "volume": 688000, "typical_volume": 296050.0, "trend": 2.274168, "fair_value": 2.336906, "relative_strength": -3.951215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.08964, "energy": 28.169026, "activity_lines": [ 2.274966, 2.230294, 2.213435, 2.233847 ] }, { "date": "2024-09-27", "close": 2.302333, "volume": 318300, "typical_volume": 293835.0, "trend": 2.270207, "fair_value": 2.339045, "relative_strength": -4.550275, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.569718, "energy": 30.099725, "activity_lines": [ 2.288055, 2.247492, 2.221764, 2.235664 ] }, { "date": "2024-10-04", "close": 2.284485, "volume": 155400, "typical_volume": 295560.0, "trend": 2.265448, "fair_value": 2.34107, "relative_strength": -4.843196, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.105081, "energy": 32.823765, "activity_lines": [ 2.292814, 2.260148, 2.228308, 2.236585 ] }, { "date": "2024-10-11", "close": 2.266638, "volume": 152800, "typical_volume": 295405.0, "trend": 2.260689, "fair_value": 2.342884, "relative_strength": -7.160039, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.67703, "energy": 28.213555, "activity_lines": [ 2.289245, 2.267611, 2.233152, 2.236662 ] }, { "date": "2024-10-18", "close": 2.266638, "volume": 87800, "typical_volume": 283705.0, "trend": 2.255334, "fair_value": 2.344503, "relative_strength": -8.256459, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.775592, "energy": 17.943913, "activity_lines": [ 2.278536, 2.273128, 2.237912, 2.237045 ] }, { "date": "2024-10-25", "close": 2.24879, "volume": 57200, "typical_volume": 278005.0, "trend": 2.25117, "fair_value": 2.345426, "relative_strength": -7.217964, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.643239, "energy": 9.034161, "activity_lines": [ 2.265448, 2.27183, 2.240801, 2.236623 ] }, { "date": "2024-11-01", "close": 2.266638, "volume": 35100, "typical_volume": 274295.0, "trend": 2.247006, "fair_value": 2.346851, "relative_strength": -6.46158, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.695118, "energy": 6.002497, "activity_lines": [ 2.263068, 2.271505, 2.245221, 2.237621 ] }, { "date": "2024-11-08", "close": 2.266638, "volume": 100500, "typical_volume": 272000.0, "trend": 2.243436, "fair_value": 2.347985, "relative_strength": -6.388115, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.951645, "energy": 5.843497, "activity_lines": [ 2.263068, 2.271181, 2.249215, 2.238888 ] }, { "date": "2024-11-15", "close": 2.266638, "volume": 161300, "typical_volume": 278315.0, "trend": 2.239866, "fair_value": 2.348828, "relative_strength": -4.894907, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.606173, "energy": 14.516223, "activity_lines": [ 2.264258, 2.270532, 2.252785, 2.240385 ] }, { "date": "2024-11-22", "close": 2.230943, "volume": 138000, "typical_volume": 282275.0, "trend": 2.234512, "fair_value": 2.347986, "relative_strength": -6.501865, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.138568, "energy": 12.165567, "activity_lines": [ 2.25355, 2.261446, 2.25253, 2.239809 ] }, { "date": "2024-11-29", "close": 2.230943, "volume": 45700, "typical_volume": 272685.0, "trend": 2.230943, "fair_value": 2.347532, "relative_strength": -5.155955, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.913656, "energy": 12.044126, "activity_lines": [ 2.245221, 2.253982, 2.252105, 2.239579 ] }, { "date": "2024-12-06", "close": 2.213095, "volume": 105900, "typical_volume": 276280.0, "trend": 2.228563, "fair_value": 2.346478, "relative_strength": -7.354822, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.380527, "energy": 9.705107, "activity_lines": [ 2.232133, 2.244896, 2.24998, 2.238427 ] }, { "date": "2024-12-13", "close": 2.195248, "volume": 92400, "typical_volume": 273635.0, "trend": 2.225589, "fair_value": 2.345699, "relative_strength": -6.705393, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.323192, "energy": 25.38365, "activity_lines": [ 2.216665, 2.234188, 2.246241, 2.236278 ] }, { "date": "2024-12-20", "close": 2.141705, "volume": 117300, "typical_volume": 278805.0, "trend": 2.222019, "fair_value": 2.343896, "relative_strength": -4.47482, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.379275, "energy": 51.13556, "activity_lines": [ 2.188109, 2.215367, 2.237317, 2.230866 ] }, { "date": "2024-12-27", "close": 2.141705, "volume": 93300, "typical_volume": 262360.0, "trend": 2.219044, "fair_value": 2.342191, "relative_strength": -6.873463, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.948752, "energy": 56.588313, "activity_lines": [ 2.167881, 2.198817, 2.228478, 2.225684 ] }, { "date": "2025-01-03", "close": 2.213095, "volume": 133400, "typical_volume": 267220.0, "trend": 2.219044, "fair_value": 2.340846, "relative_strength": -2.605118, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.45432, "energy": 44.058744, "activity_lines": [ 2.1774, 2.197519, 2.226098, 2.225301 ] }, { "date": "2025-01-10", "close": 2.159553, "volume": 90900, "typical_volume": 250140.0, "trend": 2.218449, "fair_value": 2.337993, "relative_strength": -3.738873, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.149535, "energy": 43.93246, "activity_lines": [ 2.170261, 2.187135, 2.218195, 2.221462 ] }, { "date": "2025-01-17", "close": 2.052467, "volume": 166200, "typical_volume": 239455.0, "trend": 2.214285, "fair_value": 2.334648, "relative_strength": -6.510213, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.273855, "energy": 59.988252, "activity_lines": [ 2.130996, 2.159228, 2.200602, 2.210754 ] }, { "date": "2025-01-24", "close": 2.052467, "volume": 135000, "typical_volume": 191175.0, "trend": 2.210121, "fair_value": 2.332274, "relative_strength": -7.268741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.719149, "energy": 63.984804, "activity_lines": [ 2.10125, 2.135215, 2.183944, 2.200314 ] }, { "date": "2025-01-31", "close": 2.088162, "volume": 216000, "typical_volume": 154525.0, "trend": 2.206551, "fair_value": 2.328963, "relative_strength": -2.729397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.578042, "energy": 68.016117, "activity_lines": [ 2.089352, 2.121586, 2.171196, 2.192446 ] }, { "date": "2025-02-07", "close": 2.016772, "volume": 284300, "typical_volume": 134340.0, "trend": 2.199412, "fair_value": 2.325195, "relative_strength": -3.568539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.492392, "energy": 77.207642, "activity_lines": [ 2.057226, 2.097573, 2.152753, 2.180202 ] }, { "date": "2025-02-14", "close": 2.195248, "volume": 318200, "typical_volume": 134335.0, "trend": 2.198222, "fair_value": 2.322765, "relative_strength": 5.709723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.650088, "energy": 37.49997, "activity_lines": [ 2.097681, 2.109904, 2.152753, 2.179933 ] }, { "date": "2025-02-21", "close": 2.195248, "volume": 291000, "typical_volume": 141115.0, "trend": 2.198817, "fair_value": 2.320433, "relative_strength": 7.852654, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.169072, "energy": 18.603492, "activity_lines": [ 2.135756, 2.122559, 2.153263, 2.179741 ] }, { "date": "2025-02-28", "close": 2.195248, "volume": 160100, "typical_volume": 141480.0, "trend": 2.200007, "fair_value": 2.318488, "relative_strength": 11.589946, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.28017, "energy": 16.396379, "activity_lines": [ 2.164312, 2.135215, 2.154198, 2.179511 ] }, { "date": "2025-03-07", "close": 2.185, "volume": 791400, "typical_volume": 176660.0, "trend": 2.20383, "fair_value": 2.316794, "relative_strength": 11.137529, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.811845, "energy": 19.875556, "activity_lines": [ 2.179934, 2.145034, 2.154497, 2.178543 ] }, { "date": "2025-03-14", "close": 2.204, "volume": 126000, "typical_volume": 180100.0, "trend": 2.206501, "fair_value": 2.315324, "relative_strength": 14.616136, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.74917, "energy": 14.356337, "activity_lines": [ 2.195433, 2.15752, 2.156994, 2.178554 ] }, { "date": "2025-03-21", "close": 2.223, "volume": 40800, "typical_volume": 180385.0, "trend": 2.205047, "fair_value": 2.313669, "relative_strength": 14.197028, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.266974, "energy": 12.589732, "activity_lines": [ 2.204783, 2.173626, 2.161514, 2.179618 ] }, { "date": "2025-03-28", "close": 2.166, "volume": 88000, "typical_volume": 179760.0, "trend": 2.202287, "fair_value": 2.311547, "relative_strength": 12.16748, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.244921, "energy": 9.775777, "activity_lines": [ 2.193283, 2.178215, 2.160813, 2.177099 ] }, { "date": "2025-04-04", "close": 2.147, "volume": 76500, "typical_volume": 175520.0, "trend": 2.201869, "fair_value": 2.309304, "relative_strength": 15.917841, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.806712, "energy": 8.261015, "activity_lines": [ 2.1774, 2.177285, 2.158782, 2.173532 ] }, { "date": "2025-04-11", "close": 2.128, "volume": 151800, "typical_volume": 176210.0, "trend": 2.195463, "fair_value": 2.306836, "relative_strength": 14.293113, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.635365, "energy": 14.309139, "activity_lines": [ 2.1584, 2.171182, 2.155511, 2.168767 ] }, { "date": "2025-04-18", "close": 2.147, "volume": 27300, "typical_volume": 175290.0, "trend": 2.18969, "fair_value": 2.304695, "relative_strength": 12.970464, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.61647, "energy": 17.73037, "activity_lines": [ 2.149533, 2.167809, 2.15454, 2.16564 ] }, { "date": "2025-04-25", "close": 2.109, "volume": 57400, "typical_volume": 172865.0, "trend": 2.183245, "fair_value": 2.30231, "relative_strength": 10.121874, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.839279, "energy": 23.435648, "activity_lines": [ 2.1318, 2.155159, 2.15035, 2.160434 ] }, { "date": "2025-05-02", "close": 2.147, "volume": 215500, "typical_volume": 179020.0, "trend": 2.178663, "fair_value": 2.300678, "relative_strength": 8.262041, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.760585, "energy": 21.467254, "activity_lines": [ 2.134333, 2.150986, 2.150274, 2.158096 ] }, { "date": "2025-05-09", "close": 1.919, "volume": 919000, "typical_volume": 219105.0, "trend": 2.167075, "fair_value": 2.29789, "relative_strength": -4.100791, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.633319, "energy": 58.481928, "activity_lines": [ 2.062133, 2.106236, 2.128713, 2.141343 ] }, { "date": "2025-05-16", "close": 1.8715, "volume": 460400, "typical_volume": 237460.0, "trend": 2.153903, "fair_value": 2.29439, "relative_strength": -5.191924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.842225, "energy": 76.116988, "activity_lines": [ 1.9893, 2.057873, 2.10369, 2.122274 ] }, { "date": "2025-05-23", "close": 1.8525, "volume": 90700, "typical_volume": 235325.0, "trend": 2.140694, "fair_value": 2.290463, "relative_strength": -4.524434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.782461, "energy": 82.705119, "activity_lines": [ 1.927233, 2.011755, 2.078143, 2.102829 ] }, { "date": "2025-05-30", "close": 1.7385, "volume": 647200, "typical_volume": 263140.0, "trend": 2.123089, "fair_value": 2.285805, "relative_strength": -8.125279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.278252, "energy": 86.616034, "activity_lines": [ 1.8468, 1.9513, 2.043457, 2.076881 ] }, { "date": "2025-06-06", "close": 1.691, "volume": 173400, "typical_volume": 263500.0, "trend": 2.103901, "fair_value": 2.280944, "relative_strength": -9.450411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.008648, "energy": 90.968773, "activity_lines": [ 1.775233, 1.891018, 2.006252, 2.049004 ] }, { "date": "2025-06-13", "close": 1.691, "volume": 152800, "typical_volume": 264390.0, "trend": 2.084713, "fair_value": 2.276797, "relative_strength": -8.170742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.920336, "energy": 90.040233, "activity_lines": [ 1.734067, 1.839373, 1.970768, 2.022365 ] }, { "date": "2025-06-20", "close": 1.6435, "volume": 184400, "typical_volume": 262810.0, "trend": 2.065132, "fair_value": 2.272243, "relative_strength": -6.006274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.767801, "energy": 89.288557, "activity_lines": [ 1.692267, 1.787382, 1.932481, 1.9939 ] }, { "date": "2025-06-27", "close": 1.6435, "volume": 159500, "typical_volume": 256570.0, "trend": 2.04555, "fair_value": 2.267689, "relative_strength": -7.121189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.98019, "energy": 86.640692, "activity_lines": [ 1.665667, 1.7442, 1.896312, 1.966698 ] }, { "date": "2025-07-04", "close": 1.729, "volume": 386900, "typical_volume": 260005.0, "trend": 2.029414, "fair_value": 2.26348, "relative_strength": -5.418859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.997162, "energy": 61.355941, "activity_lines": [ 1.6815, 1.725718, 1.870063, 1.946275 ] }, { "date": "2025-07-11", "close": 1.7575, "volume": 215800, "typical_volume": 256245.0, "trend": 2.014822, "fair_value": 2.259759, "relative_strength": -3.840414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.404509, "energy": 56.587902, "activity_lines": [ 1.707467, 1.719327, 1.848749, 1.928732 ] }, { "date": "2025-07-18", "close": 1.9, "volume": 236600, "typical_volume": 260070.0, "trend": 2.006765, "fair_value": 2.256952, "relative_strength": -3.269995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.911775, "energy": 34.680849, "activity_lines": [ 1.7765, 1.745927, 1.84309, 1.921324 ] }, { "date": "2025-07-25", "close": 1.843, "volume": 262400, "typical_volume": 233620.0, "trend": 1.996809, "fair_value": 2.253575, "relative_strength": -6.819972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.965567, "energy": 25.996683, "activity_lines": [ 1.8126, 1.762509, 1.83341, 1.910759 ] }, { "date": "2025-08-01", "close": 1.9, "volume": 79400, "typical_volume": 231290.0, "trend": 1.986372, "fair_value": 2.250462, "relative_strength": -3.934363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.10681, "energy": 27.32272, "activity_lines": [ 1.8544, 1.789973, 1.830786, 1.904513 ] }, { "date": "2025-08-08", "close": 2.033, "volume": 328800, "typical_volume": 245690.0, "trend": 1.982154, "fair_value": 2.248201, "relative_strength": -0.55761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.674285, "energy": 22.639831, "activity_lines": [ 1.923433, 1.840755, 1.842276, 1.907521 ] }, { "date": "2025-08-15", "close": 2.014, "volume": 106000, "typical_volume": 246590.0, "trend": 1.980871, "fair_value": 2.245921, "relative_strength": -1.478394, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.149025, "energy": 27.936804, "activity_lines": [ 1.965867, 1.882727, 1.852862, 1.909576 ] }, { "date": "2025-08-22", "close": 1.976, "volume": 44000, "typical_volume": 244965.0, "trend": 1.978323, "fair_value": 2.243396, "relative_strength": -2.761154, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.720649, "energy": 32.106427, "activity_lines": [ 1.978533, 1.911918, 1.860552, 1.909262 ] }, { "date": "2025-08-29", "close": 1.995, "volume": 25200, "typical_volume": 238635.0, "trend": 1.975217, "fair_value": 2.240994, "relative_strength": -0.445153, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.15613, "energy": 49.485158, "activity_lines": [ 1.992467, 1.939382, 1.870867, 1.910338 ] }, { "date": "2025-09-05", "close": 1.976, "volume": 55100, "typical_volume": 240025.0, "trend": 1.973858, "fair_value": 2.23847, "relative_strength": -3.647803, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.197058, "energy": 43.907148, "activity_lines": [ 1.989933, 1.957, 1.880005, 1.910388 ] }, { "date": "2025-09-12", "close": 2.052, "volume": 107600, "typical_volume": 242535.0, "trend": 1.969083, "fair_value": 2.236535, "relative_strength": -2.121588, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.283141, "energy": 37.617379, "activity_lines": [ 2.007667, 1.982391, 1.897195, 1.91543 ] }, { "date": "2025-09-19", "close": 2.033, "volume": 83600, "typical_volume": 235940.0, "trend": 1.963675, "fair_value": 2.234478, "relative_strength": -2.930858, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.879475, "energy": 30.938868, "activity_lines": [ 2.0178, 1.998455, 1.912848, 1.919553 ] }, { "date": "2025-09-26", "close": 1.957, "volume": 123000, "typical_volume": 196140.0, "trend": 1.955733, "fair_value": 2.232546, "relative_strength": -5.47384, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.324179, "energy": 24.73197, "activity_lines": [ 2.001333, 1.995691, 1.921805, 1.919123 ] }, { "date": "2025-10-03", "close": 1.995, "volume": 91300, "typical_volume": 177685.0, "trend": 1.9494, "fair_value": 2.230755, "relative_strength": -4.701247, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.133689, "energy": 24.658406, "activity_lines": [ 1.9988, 1.9988, 1.9342, 1.921656 ] }, { "date": "2025-10-10", "close": 1.995, "volume": 65600, "typical_volume": 176430.0, "trend": 1.942433, "fair_value": 2.228965, "relative_strength": -4.21977, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.605847, "energy": 16.84494, "activity_lines": [ 1.996267, 1.999145, 1.946007, 1.924598 ] }, { "date": "2025-10-17", "close": 1.976, "volume": 62300, "typical_volume": 147185.0, "trend": 1.9342, "fair_value": 2.226848, "relative_strength": -4.244113, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.306361, "energy": 12.755998, "activity_lines": [ 1.986133, 1.994309, 1.955326, 1.926763 ] }, { "date": "2025-10-24", "close": 1.976, "volume": 25400, "typical_volume": 139785.0, "trend": 1.927867, "fair_value": 2.224528, "relative_strength": -7.072084, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.266549, "energy": 22.11196, "activity_lines": [ 1.981067, 1.990509, 1.963514, 1.92946 ] }, { "date": "2025-10-31", "close": 1.919, "volume": 104000, "typical_volume": 137345.0, "trend": 1.920267, "fair_value": 2.221944, "relative_strength": -9.359776, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.471686, "energy": 16.624921, "activity_lines": [ 1.9608, 1.977036, 1.964917, 1.928888 ] }, { "date": "2025-11-07", "close": 1.976, "volume": 71900, "typical_volume": 131720.0, "trend": 1.9152, "fair_value": 2.21993, "relative_strength": -6.16092, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.228781, "energy": 18.616058, "activity_lines": [ 1.962067, 1.974964, 1.970662, 1.932484 ] }, { "date": "2025-11-14", "close": 1.957, "volume": 72800, "typical_volume": 127385.0, "trend": 1.908867, "fair_value": 2.217998, "relative_strength": -4.566004, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.101229, "energy": 13.767082, "activity_lines": [ 1.958267, 1.969782, 1.973014, 1.935181 ] }, { "date": "2025-11-21", "close": 1.995, "volume": 334300, "typical_volume": 124755.0, "trend": 1.905067, "fair_value": 2.216309, "relative_strength": -1.616501, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.346009, "energy": 12.402623, "activity_lines": [ 1.969667, 1.971855, 1.977493, 1.940738 ] }, { "date": "2025-11-28", "close": 2.014, "volume": 109300, "typical_volume": 119430.0, "trend": 1.900633, "fair_value": 2.21464, "relative_strength": -0.907454, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.400206, "energy": 22.441708, "activity_lines": [ 1.986133, 1.978418, 1.982514, 1.947766 ] }, { "date": "2025-12-05", "close": 1.976, "volume": 198000, "typical_volume": 117500.0, "trend": 1.902533, "fair_value": 2.212422, "relative_strength": -4.111679, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.62177, "energy": 19.809814, "activity_lines": [ 1.9874, 1.978418, 1.982695, 1.952628 ] }, { "date": "2025-12-12", "close": 1.957, "volume": 237500, "typical_volume": 116255.0, "trend": 1.905383, "fair_value": 2.209776, "relative_strength": -3.575275, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.434703, "energy": 18.303133, "activity_lines": [ 1.978533, 1.974618, 1.980705, 1.956142 ] }, { "date": "2025-12-19", "close": 1.995, "volume": 138900, "typical_volume": 119230.0, "trend": 1.910133, "fair_value": 2.207272, "relative_strength": -1.581401, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.292276, "energy": 18.624577, "activity_lines": [ 1.9836, 1.978418, 1.98179, 1.961924 ] }, { "date": "2025-12-26", "close": 1.976, "volume": 32200, "typical_volume": 104400.0, "trend": 1.91805, "fair_value": 2.204748, "relative_strength": -3.112437, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.545724, "energy": 13.60366, "activity_lines": [ 1.9798, 1.978764, 1.980614, 1.966173 ] }, { "date": "2026-01-02", "close": 2.014, "volume": 45600, "typical_volume": 101380.0, "trend": 1.928817, "fair_value": 2.202365, "relative_strength": -1.282908, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.278509, "energy": 21.365718, "activity_lines": [ 1.989933, 1.986018, 1.983329, 1.972363 ] }, { "date": "2026-01-09", "close": 2.014, "volume": 110300, "typical_volume": 104695.0, "trend": 1.939583, "fair_value": 2.199881, "relative_strength": -0.875813, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.02092, "energy": 24.669702, "activity_lines": [ 2.000067, 1.992582, 1.986043, 1.977859 ] }, { "date": "2026-01-16", "close": 2.014, "volume": 48400, "typical_volume": 105855.0, "trend": 1.951933, "fair_value": 2.197294, "relative_strength": -2.602679, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 49.11626, "energy": 27.589287, "activity_lines": [ 2.007667, 1.997418, 1.988576, 1.98266 ] }, { "date": "2026-01-23", "close": 2.014, "volume": 157900, "typical_volume": 110995.0, "trend": 1.964283, "fair_value": 2.194606, "relative_strength": -5.495542, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.130171, "energy": 31.919745, "activity_lines": [ 2.011467, 2.001564, 1.991019, 1.986665 ] }, { "date": "2026-01-30", "close": 1.995, "volume": 459700, "typical_volume": 128600.0, "trend": 1.97315, "fair_value": 2.192, "relative_strength": -7.088003, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 46.359485, "energy": 23.510514, "activity_lines": [ 2.007667, 2.001218, 1.991471, 1.988646 ] }, { "date": "2026-02-06", "close": 2.014, "volume": 319500, "typical_volume": 140395.0, "trend": 1.9817, "fair_value": 2.189719, "relative_strength": -8.076377, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.537698, "energy": 22.270341, "activity_lines": [ 2.008933, 2.004327, 1.994005, 1.991282 ] }, { "date": "2026-02-13", "close": 2.071, "volume": 393500, "typical_volume": 153920.0, "trend": 1.9874, "fair_value": 2.188008, "relative_strength": -10.227033, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 61.234877, "energy": 34.402983, "activity_lines": [ 2.0292, 2.0178, 2.002057, 1.997043 ] }, { "date": "2026-02-20", "close": 2.033, "volume": 967300, "typical_volume": 197720.0, "trend": 1.993733, "fair_value": 2.185645, "relative_strength": -14.414779, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 51.161002, "energy": 38.368854, "activity_lines": [ 2.033, 2.022636, 2.005948, 1.999985 ] }, { "date": "2026-02-27", "close": 2.033, "volume": 309700, "typical_volume": 209925.0, "trend": 1.998167, "fair_value": 2.183265, "relative_strength": -16.640913, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.462552, "energy": 41.711944, "activity_lines": [ 2.035533, 2.026091, 2.009657, 2.002518 ] }, { "date": "2026-03-06", "close": 1.92, "volume": 668000, "typical_volume": 240210.0, "trend": 1.9944, "fair_value": 2.180484, "relative_strength": -14.221938, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.100434, "energy": 5.36049, "activity_lines": [ 1.999133, 2.008309, 2.002424, 1.997475 ] }, { "date": "2026-03-13", "close": 1.9, "volume": 278200, "typical_volume": 252850.0, "trend": 1.9906, "fair_value": 2.177897, "relative_strength": -14.505393, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -27.527455, "energy": 28.284999, "activity_lines": [ 1.961067, 1.987909, 1.993552, 1.991385 ] }, { "date": "2026-03-20", "close": 1.9, "volume": 39000, "typical_volume": 249600.0, "trend": 1.988067, "fair_value": 2.174664, "relative_strength": -15.350582, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "down", "direction": -64.582059, "energy": 57.047716, "activity_lines": [ 1.9306, 1.969582, 1.985043, 1.98554 ] }, { "date": "2026-03-27", "close": 1.9, "volume": 59500, "typical_volume": 248980.0, "trend": 1.9849, "fair_value": 2.171539, "relative_strength": -15.624356, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.42926, "energy": 63.803311, "activity_lines": [ 1.911533, 1.953327, 1.976624, 1.979858 ] }, { "date": "2026-04-03", "close": 1.86, "volume": 303500, "typical_volume": 260515.0, "trend": 1.981033, "fair_value": 2.168481, "relative_strength": -17.151657, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.194508, "energy": 73.157984, "activity_lines": [ 1.888, 1.931873, 1.964757, 1.9718 ] }, { "date": "2026-04-10", "close": 1.83, "volume": 509300, "typical_volume": 269265.0, "trend": 1.973633, "fair_value": 2.165122, "relative_strength": -20.683469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.909382, "energy": 74.107414, "activity_lines": [ 1.866, 1.907764, 1.950495, 1.962056 ] }, { "date": "2026-04-17", "close": 1.83, "volume": 56900, "typical_volume": 266645.0, "trend": 1.966867, "fair_value": 2.161872, "relative_strength": -18.734503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.931788, "energy": 71.434185, "activity_lines": [ 1.85, 1.886655, 1.937019, 1.952789 ] }, { "date": "2026-04-24", "close": 1.82, "volume": 84500, "typical_volume": 260970.0, "trend": 1.9623, "fair_value": 2.15888, "relative_strength": -17.118175, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.388343, "energy": 72.270439, "activity_lines": [ 1.835333, 1.867073, 1.923467, 1.943314 ] }, { "date": "2026-05-01", "close": 1.84, "volume": 146500, "typical_volume": 256420.0, "trend": 1.957133, "fair_value": 2.156125, "relative_strength": -17.729816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.629222, "energy": 63.115493, "activity_lines": [ 1.832667, 1.855691, 1.912562, 1.935424 ] }, { "date": "2026-05-08", "close": 1.81, "volume": 583600, "typical_volume": 278655.0, "trend": 1.950967, "fair_value": 2.152746, "relative_strength": -19.037543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.92538, "energy": 55.381156, "activity_lines": [ 1.824, 1.842364, 1.899357, 1.925931 ] }, { "date": "2026-05-15", "close": 1.83, "volume": 161200, "typical_volume": 285105.0, "trend": 1.9461, "fair_value": 2.14928, "relative_strength": -18.714313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.017697, "energy": 46.103148, "activity_lines": [ 1.825333, 1.836727, 1.888938, 1.918127 ] }, { "date": "2026-05-22", "close": 1.82, "volume": 70200, "typical_volume": 286335.0, "trend": 1.9409, "fair_value": 2.145319, "relative_strength": -19.839759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.905463, "energy": 49.002754, "activity_lines": [ 1.823333, 1.830909, 1.878262, 1.909991 ] }, { "date": "2026-05-29", "close": 1.83, "volume": 458700, "typical_volume": 303755.0, "trend": 1.937933, "fair_value": 2.141745, "relative_strength": -20.567455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.830259, "energy": 43.783385, "activity_lines": [ 1.825333, 1.828364, 1.869462, 1.902837 ] }, { "date": "2026-06-05", "close": 1.84, "volume": 115400, "typical_volume": 307105.0, "trend": 1.9334, "fair_value": 2.138343, "relative_strength": -20.512957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.746012, "energy": 40.172999, "activity_lines": [ 1.83, 1.828909, 1.86249, 1.896518 ] }, { "date": "2026-06-12", "close": 1.83, "volume": 4600, "typical_volume": 299440.0, "trend": 1.929167, "fair_value": 2.134769, "relative_strength": -21.06147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.74332, "energy": 38.411857, "activity_lines": [ 1.831333, 1.828727, 1.855395, 1.889847 ] }, { "date": "2026-06-19", "close": 1.84, "volume": 15500, "typical_volume": 277230.0, "trend": 1.924, "fair_value": 2.131582, "relative_strength": -19.231186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.17094, "energy": 31.987269, "activity_lines": [ 1.834667, 1.830909, 1.850129, 1.884095 ] }, { "date": "2026-06-26", "close": 1.85, "volume": 204700, "typical_volume": 271490.0, "trend": 1.918533, "fair_value": 2.128352, "relative_strength": -16.85227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.610949, "energy": 27.71206, "activity_lines": [ 1.840667, 1.834727, 1.846552, 1.87932 ] }, { "date": "2026-07-03", "close": 1.84, "volume": 77500, "typical_volume": 255690.0, "trend": 1.914, "fair_value": 2.125166, "relative_strength": -20.41366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.533917, "energy": 26.742804, "activity_lines": [ 1.841333, 1.836364, 1.842805, 1.874254 ] }, { "date": "2026-07-10", "close": 1.92, "volume": 484500, "typical_volume": 231550.0, "trend": 1.912767, "fair_value": 2.1226, "relative_strength": -17.052949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.039757, "energy": 15.762669, "activity_lines": [ 1.868, 1.852182, 1.847776, 1.874641 ] }, { "date": "2026-07-17", "close": 1.93, "volume": 155400, "typical_volume": 223835.0, "trend": 1.9106, "fair_value": 2.119882, "relative_strength": -17.066906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.299155, "energy": 29.354632, "activity_lines": [ 1.892667, 1.868364, 1.854238, 1.875753 ] }, { "date": "2026-07-24", "close": 1.97, "volume": 190500, "typical_volume": 199960.0, "trend": 1.9104, "fair_value": 2.117529, "relative_strength": -15.225611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 45.736035, "energy": 60.375132, "activity_lines": [ 1.924, 1.889636, 1.865, 1.879585 ] }, { "date": "2026-07-31", "close": 1.94, "volume": 53100, "typical_volume": 188705.0, "trend": 1.907933, "fair_value": 2.115092, "relative_strength": -15.151747, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.139539, "energy": 62.513398, "activity_lines": [ 1.936667, 1.902909, 1.872667, 1.881495 ] }, { "date": "2026-08-07", "close": 1.97, "volume": 300000, "typical_volume": 201755.0, "trend": 1.906467, "fair_value": 2.112631, "relative_strength": -12.786075, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.677653, "energy": 70.558705, "activity_lines": [ 1.953333, 1.919455, 1.883, 1.885499 ] } ], "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." } } }