{ "ticker": { "uuid": "c8782823-b94d-4d85-8064-a35ab819e1a7", "symbol": "HCW", "name": "HealthCo Healthcare and Wellness REIT", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 61.317, "architecture_energy": 56.775, "architecture_maturity": 8.889, "architecture_confidence": 81.045, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 22.67, "rotation_up": 64.14, "upward_expansion": 87.71, "deceleration": 43.53, "rotation_down": 14.08, "downward_expansion": 12.04 }, "activity_lines": [ 0.729, 0.719, 0.706167, 0.695989 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 0.735, "trend_reference": 0.692667, "distance_from_trend": 0.061116, "trend_direction": "Weakening", "fair_value": 0.964287, "distance_from_fair_value": -0.237779, "fair_value_direction": "Improving", "relative_strength": -1.50739, "relative_strength_direction": "Improving", "price_momentum": 0.042553, "excess_performance": -0.021152, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.061116, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.017262, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.237779, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.077324, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.015074, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.038261, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.042553, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.06406, "read": "Demand-led" } ], "volume": { "latest": 4275759, "relative_activity": 1.540851, "balance": 1.06406, "dry_up": 1.345083, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.055468, "annualized_volatility": 0.394862, "from_high_reference": -0.145349, "from_low_reference": 0.225 }, "levels": { "trend_reference": 0.692667, "fair_value_reference": 0.964287, "structural_low": 0.6, "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": 2, "median_return": -0.023861, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.002917, "regime_survival": 0.5, "best_return": -0.020137, "worst_return": -0.027586, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.017031, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.005459, "regime_survival": 0.0, "best_return": 0.017031, "worst_return": 0.017031, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.030867, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.084625, "regime_survival": 0.0, "best_return": -0.030867, "worst_return": -0.030867, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.128624, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.2414, "regime_survival": 0.0, "best_return": -0.128624, "worst_return": -0.128624, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-12", "end": "2024-08-09", "tenure": "Established", "return": 0.022635, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-06", "end": "2024-09-27", "tenure": "New", "return": -0.024431, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-11", "tenure": "New", "return": -0.004237, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2024-11-22", "tenure": "Developing", "return": -0.071729, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-29", "end": "2024-12-20", "tenure": "New", "return": -0.118943, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-11-07", "tenure": "Extended", "return": -0.272908, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-11-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.133803, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": -0.051948, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-02-20", "tenure": "Developing", "return": -0.034722, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-05-22", "tenure": "Established", "return": -0.083333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-07-24", "tenure": "Developing", "return": -0.033557, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.013423, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.330563, "volume": 5938288, "typical_volume": 6738394.95, "trend": 1.262185, "fair_value": 1.452403, "relative_strength": 1.525408, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.653559, "energy": 22.741299, "activity_lines": [ 1.268712, 1.250995, 1.235041, 1.237705 ] }, { "date": "2023-08-25", "close": 1.335089, "volume": 8394113, "typical_volume": 6884948.0, "trend": 1.259239, "fair_value": 1.451264, "relative_strength": 2.611839, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.242413, "energy": 36.009865, "activity_lines": [ 1.291944, 1.268693, 1.245743, 1.242409 ] }, { "date": "2023-09-01", "close": 1.366769, "volume": 5684808, "typical_volume": 6864084.6, "trend": 1.256487, "fair_value": 1.450451, "relative_strength": 3.029196, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.479058, "energy": 54.35839, "activity_lines": [ 1.321813, 1.290655, 1.258799, 1.249346 ] }, { "date": "2023-09-08", "close": 1.348666, "volume": 9584682, "typical_volume": 6953791.0, "trend": 1.255, "fair_value": 1.449482, "relative_strength": 3.634804, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.221005, "energy": 68.47721, "activity_lines": [ 1.339313, 1.305713, 1.269441, 1.255293 ] }, { "date": "2023-09-15", "close": 1.357718, "volume": 67990038, "typical_volume": 10196981.05, "trend": 1.25626, "fair_value": 1.448616, "relative_strength": 2.885996, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.435258, "energy": 67.963436, "activity_lines": [ 1.352287, 1.319537, 1.280132, 1.26192 ] }, { "date": "2023-09-22", "close": 1.335089, "volume": 8258282, "typical_volume": 10404004.5, "trend": 1.253745, "fair_value": 1.447555, "relative_strength": 4.215172, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.480512, "energy": 60.02798, "activity_lines": [ 1.348063, 1.326696, 1.287793, 1.267006 ] }, { "date": "2023-09-29", "close": 1.330378, "volume": 4623287, "typical_volume": 10175480.45, "trend": 1.25208, "fair_value": 1.44647, "relative_strength": 4.08377, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.459791, "energy": 38.510216, "activity_lines": [ 1.341967, 1.330941, 1.294336, 1.27195 ] }, { "date": "2023-10-06", "close": 1.330378, "volume": 5566945, "typical_volume": 10138197.55, "trend": 1.251422, "fair_value": 1.445405, "relative_strength": 5.38915, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.665644, "energy": 32.578208, "activity_lines": [ 1.336185, 1.334202, 1.300383, 1.277001 ] }, { "date": "2023-10-13", "close": 1.330378, "volume": 4102241, "typical_volume": 10160499.3, "trend": 1.253352, "fair_value": 1.444359, "relative_strength": 3.838794, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.16177, "energy": 24.701921, "activity_lines": [ 1.332829, 1.336397, 1.305828, 1.282095 ] }, { "date": "2023-10-20", "close": 1.344141, "volume": 5352104, "typical_volume": 9633895.55, "trend": 1.257034, "fair_value": 1.443456, "relative_strength": 7.061709, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.506888, "energy": 25.297222, "activity_lines": [ 1.33528, 1.339369, 1.312128, 1.287953 ] }, { "date": "2023-10-27", "close": 1.321203, "volume": 3345024, "typical_volume": 9333475.15, "trend": 1.261805, "fair_value": 1.442365, "relative_strength": 6.232431, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.611261, "energy": 21.494437, "activity_lines": [ 1.33099, 1.335785, 1.315576, 1.292093 ] }, { "date": "2023-11-03", "close": 1.298265, "volume": 3423605, "typical_volume": 8355874.95, "trend": 1.265225, "fair_value": 1.44109, "relative_strength": 2.014331, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.293155, "energy": 16.833061, "activity_lines": [ 1.31998, 1.3282, 1.316471, 1.294445 ] }, { "date": "2023-11-10", "close": 1.293678, "volume": 4934852, "typical_volume": 8373335.45, "trend": 1.267613, "fair_value": 1.439797, "relative_strength": 1.575781, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.505111, "energy": 13.793566, "activity_lines": [ 1.309581, 1.320451, 1.316713, 1.29628 ] }, { "date": "2023-11-17", "close": 1.284503, "volume": 7474351, "typical_volume": 8522012.35, "trend": 1.271161, "fair_value": 1.438446, "relative_strength": -0.108814, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.668207, "energy": 10.797121, "activity_lines": [ 1.298571, 1.312363, 1.315483, 1.29737 ] }, { "date": "2023-11-24", "close": 1.312028, "volume": 4135794, "typical_volume": 8525773.5, "trend": 1.275772, "fair_value": 1.437356, "relative_strength": 2.187476, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.595271, "energy": 11.561571, "activity_lines": [ 1.299795, 1.310445, 1.316426, 1.300007 ] }, { "date": "2023-12-01", "close": 1.256978, "volume": 17011703, "typical_volume": 9162798.85, "trend": 1.277843, "fair_value": 1.435815, "relative_strength": -2.386966, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.324497, "energy": 9.255763, "activity_lines": [ 1.284809, 1.29935, 1.311675, 1.298794 ] }, { "date": "2023-12-08", "close": 1.316615, "volume": 4191506, "typical_volume": 9136701.4, "trend": 1.280861, "fair_value": 1.434805, "relative_strength": 0.713732, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.899081, "energy": 9.755478, "activity_lines": [ 1.293984, 1.300517, 1.312438, 1.301296 ] }, { "date": "2023-12-15", "close": 1.380841, "volume": 5687839, "typical_volume": 9265795.5, "trend": 1.286763, "fair_value": 1.434351, "relative_strength": 2.291624, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.366484, "energy": 20.336157, "activity_lines": [ 1.323344, 1.313613, 1.319124, 1.307746 ] }, { "date": "2023-12-22", "close": 1.348728, "volume": 3003784, "typical_volume": 9211672.2, "trend": 1.290555, "fair_value": 1.433638, "relative_strength": -0.622133, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 37.232284, "energy": 24.623276, "activity_lines": [ 1.336189, 1.319952, 1.322233, 1.311744 ] }, { "date": "2023-12-29", "close": 1.366954, "volume": 1702359, "typical_volume": 9020280.25, "trend": 1.295994, "fair_value": 1.433086, "relative_strength": -0.123483, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.308769, "energy": 37.60376, "activity_lines": [ 1.350828, 1.329271, 1.326539, 1.316673 ] }, { "date": "2024-01-05", "close": 1.269315, "volume": 1730568, "typical_volume": 8809894.25, "trend": 1.296841, "fair_value": 1.431744, "relative_strength": -5.609299, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 21.952581, "energy": 16.076014, "activity_lines": [ 1.329258, 1.320423, 1.320812, 1.314951 ] }, { "date": "2024-01-12", "close": 1.297212, "volume": 3053494, "typical_volume": 8542863.3, "trend": 1.298321, "fair_value": 1.43065, "relative_strength": -3.33568, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.779718, "energy": 6.110923, "activity_lines": [ 1.316165, 1.317591, 1.318033, 1.314975 ] }, { "date": "2024-01-19", "close": 1.194922, "volume": 6045730, "typical_volume": 8560909.4, "trend": 1.299215, "fair_value": 1.428749, "relative_strength": -9.65183, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.280697, "energy": 31.487728, "activity_lines": [ 1.270269, 1.296179, 1.305693, 1.308304 ] }, { "date": "2024-01-26", "close": 1.199572, "volume": 4207286, "typical_volume": 8292039.6, "trend": 1.299525, "fair_value": 1.426916, "relative_strength": -10.61049, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.74533, "energy": 48.07714, "activity_lines": [ 1.238318, 1.277409, 1.294615, 1.301876 ] }, { "date": "2024-02-02", "close": 1.273964, "volume": 4599172, "typical_volume": 5122496.3, "trend": 1.30141, "fair_value": 1.425702, "relative_strength": -6.57647, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.990556, "energy": 55.00424, "activity_lines": [ 1.241108, 1.273708, 1.291331, 1.300227 ] }, { "date": "2024-02-09", "close": 1.273964, "volume": 3621420, "typical_volume": 4890653.2, "trend": 1.303144, "fair_value": 1.424507, "relative_strength": -5.69644, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.203296, "energy": 53.625627, "activity_lines": [ 1.250097, 1.2707, 1.288446, 1.298456 ] }, { "date": "2024-02-16", "close": 1.273964, "volume": 37889260, "typical_volume": 6553951.85, "trend": 1.303067, "fair_value": 1.423331, "relative_strength": -5.726119, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.047653, "energy": 29.091191, "activity_lines": [ 1.258776, 1.267383, 1.285852, 1.296573 ] }, { "date": "2024-02-23", "close": 1.269315, "volume": 4480111, "typical_volume": 6499610.15, "trend": 1.302987, "fair_value": 1.422137, "relative_strength": -5.612027, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.71486, "energy": 15.748382, "activity_lines": [ 1.267455, 1.263996, 1.283084, 1.294396 ] }, { "date": "2024-03-01", "close": 1.278613, "volume": 4509569, "typical_volume": 6519976.55, "trend": 1.304423, "fair_value": 1.421033, "relative_strength": -5.921418, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.100489, "energy": 15.140844, "activity_lines": [ 1.274274, 1.264327, 1.281492, 1.292823 ] }, { "date": "2024-03-08", "close": 1.348356, "volume": 4277156, "typical_volume": 6466229.15, "trend": 1.308939, "fair_value": 1.420478, "relative_strength": -1.887539, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.092467, "energy": 10.836821, "activity_lines": [ 1.299071, 1.278613, 1.286789, 1.295658 ] }, { "date": "2024-03-15", "close": 1.315809, "volume": 6228511, "typical_volume": 6610403.5, "trend": 1.308447, "fair_value": 1.419685, "relative_strength": -1.93846, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.557704, "energy": 16.142901, "activity_lines": [ 1.30806, 1.287321, 1.288966, 1.296101 ] }, { "date": "2024-03-22", "close": 1.21352, "volume": 7835804, "typical_volume": 6831013.45, "trend": 1.304395, "fair_value": 1.418135, "relative_strength": -10.520381, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.516845, "energy": 19.164251, "activity_lines": [ 1.280163, 1.276584, 1.281427, 1.289977 ] }, { "date": "2024-03-29", "close": 1.199645, "volume": 6377262, "typical_volume": 6903133.95, "trend": 1.298824, "fair_value": 1.416505, "relative_strength": -12.840896, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.160971, "energy": 30.768982, "activity_lines": [ 1.25167, 1.264847, 1.27297, 1.283219 ] }, { "date": "2024-04-05", "close": 1.171307, "volume": 3116054, "typical_volume": 6685219.1, "trend": 1.292912, "fair_value": 1.414688, "relative_strength": -13.403843, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.292642, "energy": 61.75163, "activity_lines": [ 1.218377, 1.247872, 1.262262, 1.274992 ] }, { "date": "2024-04-12", "close": 1.100462, "volume": 3800367, "typical_volume": 6668447.75, "trend": 1.284337, "fair_value": 1.412378, "relative_strength": -18.573829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.584844, "energy": 80.148571, "activity_lines": [ 1.168621, 1.218529, 1.245346, 1.262576 ] }, { "date": "2024-04-19", "close": 1.039063, "volume": 4918260, "typical_volume": 6063775.6, "trend": 1.274469, "fair_value": 1.409653, "relative_strength": -20.66786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.921206, "energy": 90.552099, "activity_lines": [ 1.114926, 1.181178, 1.22359, 1.246752 ] }, { "date": "2024-04-26", "close": 1.1288, "volume": 5839106, "typical_volume": 6146155.6, "trend": 1.26775, "fair_value": 1.407618, "relative_strength": -13.803428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.118214, "energy": 80.539654, "activity_lines": [ 1.109593, 1.164413, 1.211417, 1.237354 ] }, { "date": "2024-05-03", "close": 1.105185, "volume": 5453377, "typical_volume": 6134432.5, "trend": 1.260243, "fair_value": 1.405442, "relative_strength": -16.001347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.057265, "energy": 80.410978, "activity_lines": [ 1.102036, 1.145994, 1.197891, 1.226865 ] }, { "date": "2024-05-10", "close": 1.119354, "volume": 5152871, "typical_volume": 6241886.85, "trend": 1.253209, "fair_value": 1.403399, "relative_strength": -16.012416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.540338, "energy": 68.462632, "activity_lines": [ 1.1055, 1.133136, 1.187026, 1.217776 ] }, { "date": "2024-05-17", "close": 1.100462, "volume": 6497039, "typical_volume": 6481620.85, "trend": 1.245087, "fair_value": 1.40125, "relative_strength": -17.895679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.254545, "energy": 50.799036, "activity_lines": [ 1.10613, 1.119738, 1.175454, 1.207921 ] }, { "date": "2024-05-24", "close": 1.086293, "volume": 4958780, "typical_volume": 6643031.45, "trend": 1.237256, "fair_value": 1.399032, "relative_strength": -17.747011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.893815, "energy": 51.422456, "activity_lines": [ 1.102036, 1.108271, 1.163802, 1.197676 ] }, { "date": "2024-05-31", "close": 1.062678, "volume": 6565929, "typical_volume": 6818653.2, "trend": 1.229403, "fair_value": 1.39668, "relative_strength": -18.986519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.355803, "energy": 53.759883, "activity_lines": [ 1.086923, 1.096684, 1.150773, 1.186413 ] }, { "date": "2024-06-07", "close": 1.086293, "volume": 3578041, "typical_volume": 6695268.75, "trend": 1.22249, "fair_value": 1.394524, "relative_strength": -18.518845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.227484, "energy": 50.239406, "activity_lines": [ 1.084089, 1.092132, 1.141109, 1.17718 ] }, { "date": "2024-06-14", "close": 1.072124, "volume": 3926657, "typical_volume": 6681237.3, "trend": 1.215411, "fair_value": 1.392301, "relative_strength": -17.852418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.648296, "energy": 51.142466, "activity_lines": [ 1.077792, 1.087066, 1.130613, 1.167479 ] }, { "date": "2024-06-21", "close": 1.086293, "volume": 6217545, "typical_volume": 6762155.95, "trend": 1.207887, "fair_value": 1.390205, "relative_strength": -17.295049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.080889, "energy": 50.595713, "activity_lines": [ 1.079366, 1.086379, 1.122073, 1.159149 ] }, { "date": "2024-06-28", "close": 1.019567, "volume": 8493291, "typical_volume": 7005749.5, "trend": 1.199973, "fair_value": 1.387684, "relative_strength": -21.787076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.151929, "energy": 57.026733, "activity_lines": [ 1.059643, 1.073818, 1.108073, 1.146999 ] }, { "date": "2024-07-05", "close": 1.033995, "volume": 4578820, "typical_volume": 5340227.5, "trend": 1.190552, "fair_value": 1.385294, "relative_strength": -20.86702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.588432, "energy": 58.398646, "activity_lines": [ 1.049178, 1.064234, 1.096657, 1.136291 ] }, { "date": "2024-07-12", "close": 1.115753, "volume": 3645545, "typical_volume": 5298499.2, "trend": 1.181716, "fair_value": 1.383485, "relative_strength": -15.81676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.440041, "energy": 41.826824, "activity_lines": [ 1.067877, 1.071239, 1.094171, 1.131465 ] }, { "date": "2024-07-19", "close": 1.082088, "volume": 7325699, "typical_volume": 5439305.7, "trend": 1.172828, "fair_value": 1.381476, "relative_strength": -18.116274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.510783, "energy": 35.239162, "activity_lines": [ 1.073391, 1.071931, 1.08921, 1.125038 ] }, { "date": "2024-07-26", "close": 1.096516, "volume": 3365919, "typical_volume": 5393743.85, "trend": 1.163813, "fair_value": 1.379588, "relative_strength": -16.173322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.046175, "energy": 24.963984, "activity_lines": [ 1.08305, 1.075924, 1.086559, 1.120114 ] }, { "date": "2024-08-02", "close": 1.125371, "volume": 3096353, "typical_volume": 5237135.95, "trend": 1.159015, "fair_value": 1.377916, "relative_strength": -13.934116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.790821, "energy": 20.691467, "activity_lines": [ 1.101646, 1.085235, 1.087855, 1.117634 ] }, { "date": "2024-08-09", "close": 1.125371, "volume": 2443358, "typical_volume": 4967513.65, "trend": 1.153287, "fair_value": 1.376265, "relative_strength": -11.891213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.64339, "energy": 14.012302, "activity_lines": [ 1.113188, 1.093836, 1.090058, 1.115464 ] }, { "date": "2024-08-16", "close": 1.173464, "volume": 3581148, "typical_volume": 4827707.95, "trend": 1.152572, "fair_value": 1.374948, "relative_strength": -9.944449, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.239274, "energy": 22.697853, "activity_lines": [ 1.134669, 1.110041, 1.097262, 1.116765 ] }, { "date": "2024-08-23", "close": 1.144608, "volume": 2106765, "typical_volume": 4777243.5, "trend": 1.15074, "fair_value": 1.373462, "relative_strength": -12.272678, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.820708, "energy": 21.566386, "activity_lines": [ 1.142684, 1.119414, 1.101841, 1.116252 ] }, { "date": "2024-08-30", "close": 1.173464, "volume": 2821032, "typical_volume": 4728276.75, "trend": 1.14739, "fair_value": 1.37218, "relative_strength": -10.363437, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.29905, "energy": 43.003564, "activity_lines": [ 1.15615, 1.132716, 1.109296, 1.117718 ] }, { "date": "2024-09-06", "close": 1.144608, "volume": 4184203, "typical_volume": 4691573.9, "trend": 1.143078, "fair_value": 1.367588, "relative_strength": -11.22986, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.919905, "energy": 37.816192, "activity_lines": [ 1.154868, 1.139187, 1.113655, 1.117538 ] }, { "date": "2024-09-13", "close": 1.183083, "volume": 4853573, "typical_volume": 4642297.25, "trend": 1.140049, "fair_value": 1.362776, "relative_strength": -8.784662, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.579679, "energy": 34.273724, "activity_lines": [ 1.165128, 1.150379, 1.121176, 1.120119 ] }, { "date": "2024-09-20", "close": 1.144608, "volume": 10934494, "typical_volume": 4916353.1, "trend": 1.135892, "fair_value": 1.358495, "relative_strength": -12.409094, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.84231, "energy": 23.636123, "activity_lines": [ 1.158715, 1.151866, 1.124774, 1.120413 ] }, { "date": "2024-09-27", "close": 1.116644, "volume": 6103454, "typical_volume": 4963882.25, "trend": 1.130493, "fair_value": 1.354035, "relative_strength": -14.029039, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.550043, "energy": 10.188721, "activity_lines": [ 1.144905, 1.147743, 1.125521, 1.119172 ] }, { "date": "2024-10-04", "close": 1.155824, "volume": 3733821, "typical_volume": 4825721.35, "trend": 1.124075, "fair_value": 1.349929, "relative_strength": -9.790613, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.541813, "energy": 11.366307, "activity_lines": [ 1.14602, 1.150116, 1.130013, 1.120806 ] }, { "date": "2024-10-11", "close": 1.150927, "volume": 2673604, "typical_volume": 4711462.55, "trend": 1.118579, "fair_value": 1.345637, "relative_strength": -10.345466, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.899658, "energy": 17.519662, "activity_lines": [ 1.146677, 1.15052, 1.133774, 1.122538 ] }, { "date": "2024-10-18", "close": 1.160722, "volume": 3301698, "typical_volume": 4548251.0, "trend": 1.116819, "fair_value": 1.341615, "relative_strength": -9.725236, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.595404, "energy": 20.392955, "activity_lines": [ 1.150179, 1.152241, 1.138161, 1.125257 ] }, { "date": "2024-10-25", "close": 1.146029, "volume": 4851303, "typical_volume": 4611914.1, "trend": 1.115032, "fair_value": 1.337913, "relative_strength": -9.48238, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.868896, "energy": 20.9058, "activity_lines": [ 1.150274, 1.150647, 1.140681, 1.127142 ] }, { "date": "2024-11-01", "close": 1.111746, "volume": 3944508, "typical_volume": 4612806.65, "trend": 1.113047, "fair_value": 1.334252, "relative_strength": -10.642395, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.31918, "energy": 11.45004, "activity_lines": [ 1.138846, 1.143318, 1.139652, 1.12693 ] }, { "date": "2024-11-08", "close": 1.092156, "volume": 3304111, "typical_volume": 4467134.95, "trend": 1.11277, "fair_value": 1.330153, "relative_strength": -13.498964, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.127264, "energy": 8.806226, "activity_lines": [ 1.121215, 1.133026, 1.136568, 1.125582 ] }, { "date": "2024-11-15", "close": 1.097054, "volume": 4111674, "typical_volume": 4248054.1, "trend": 1.114703, "fair_value": 1.325982, "relative_strength": -12.45636, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.40968, "energy": 20.389299, "activity_lines": [ 1.109461, 1.125102, 1.133923, 1.124568 ] }, { "date": "2024-11-22", "close": 1.077464, "volume": 5643514, "typical_volume": 4301288.8, "trend": 1.112991, "fair_value": 1.321686, "relative_strength": -14.501739, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.230936, "energy": 37.808402, "activity_lines": [ 1.094768, 1.114481, 1.129043, 1.122165 ] }, { "date": "2024-11-29", "close": 1.111746, "volume": 7597524, "typical_volume": 4498887.75, "trend": 1.11321, "fair_value": 1.317298, "relative_strength": -11.705388, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.3074, "energy": 32.951514, "activity_lines": [ 1.097054, 1.112013, 1.127221, 1.122085 ] }, { "date": "2024-12-06", "close": 1.043181, "volume": 8185807, "typical_volume": 4541893.15, "trend": 1.110671, "fair_value": 1.3119, "relative_strength": -16.36326, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.045812, "energy": 47.140022, "activity_lines": [ 1.07877, 1.097677, 1.118889, 1.117567 ] }, { "date": "2024-12-13", "close": 1.008898, "volume": 8182793, "typical_volume": 4782736.85, "trend": 1.107619, "fair_value": 1.306541, "relative_strength": -17.207007, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.596187, "energy": 63.727668, "activity_lines": [ 1.053629, 1.078443, 1.107476, 1.111001 ] }, { "date": "2024-12-20", "close": 0.979512, "volume": 14518588, "typical_volume": 5353848.6, "trend": 1.10406, "fair_value": 1.30115, "relative_strength": -16.700125, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.228324, "energy": 81.899301, "activity_lines": [ 1.024243, 1.056538, 1.093682, 1.102736 ] }, { "date": "2024-12-27", "close": 1.004, "volume": 2440716, "typical_volume": 5353716.5, "trend": 1.102104, "fair_value": 1.295812, "relative_strength": -15.98171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.554771, "energy": 81.247139, "activity_lines": [ 1.010857, 1.042201, 1.082915, 1.096281 ] }, { "date": "2025-01-03", "close": 0.995, "volume": 3689752, "typical_volume": 5359146.7, "trend": 1.099061, "fair_value": 1.290731, "relative_strength": -16.075295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.312973, "energy": 80.966102, "activity_lines": [ 0.999368, 1.029078, 1.071869, 1.089371 ] }, { "date": "2025-01-10", "close": 0.95, "volume": 4882522, "typical_volume": 5497934.55, "trend": 1.09499, "fair_value": 1.28594, "relative_strength": -19.663568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.628593, "energy": 84.588197, "activity_lines": [ 0.980661, 1.010518, 1.057386, 1.079754 ] }, { "date": "2025-01-17", "close": 0.945, "volume": 6632019, "typical_volume": 5688483.9, "trend": 1.09028, "fair_value": 1.281484, "relative_strength": -19.731012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.183003, "energy": 80.892781, "activity_lines": [ 0.966501, 0.993991, 1.043355, 1.070077 ] }, { "date": "2025-01-24", "close": 0.935, "volume": 6401193, "typical_volume": 5799333.4, "trend": 1.087461, "fair_value": 1.277412, "relative_strength": -21.000489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.36949, "energy": 81.003017, "activity_lines": [ 0.953267, 0.978321, 1.029458, 1.060059 ] }, { "date": "2025-01-31", "close": 1.005, "volume": 8734019, "typical_volume": 5993355.7, "trend": 1.086495, "fair_value": 1.273183, "relative_strength": -15.765471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.312686, "energy": 55.124836, "activity_lines": [ 0.966333, 0.978325, 1.023227, 1.054739 ] }, { "date": "2025-02-07", "close": 0.995, "volume": 8647076, "typical_volume": 5878984.8, "trend": 1.082469, "fair_value": 1.268838, "relative_strength": -15.823001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.891723, "energy": 46.053316, "activity_lines": [ 0.976, 0.977828, 1.016891, 1.048836 ] }, { "date": "2025-02-14", "close": 0.98, "volume": 8192049, "typical_volume": 5983414.55, "trend": 1.079067, "fair_value": 1.264134, "relative_strength": -16.926261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.926593, "energy": 34.253646, "activity_lines": [ 0.980667, 0.976726, 1.009839, 1.042225 ] }, { "date": "2025-02-21", "close": 0.97, "volume": 9482855, "typical_volume": 6270866.25, "trend": 1.074849, "fair_value": 1.260207, "relative_strength": -14.615763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.415566, "energy": 27.635537, "activity_lines": [ 0.98, 0.974955, 1.002486, 1.035189 ] }, { "date": "2025-02-28", "close": 0.985, "volume": 21048083, "typical_volume": 7189590.2, "trend": 1.07017, "fair_value": 1.256482, "relative_strength": -11.427806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.370402, "energy": 26.168844, "activity_lines": [ 0.982667, 0.976618, 0.997446, 1.029392 ] }, { "date": "2025-03-07", "close": 0.895, "volume": 15883613, "typical_volume": 7818685.95, "trend": 1.062491, "fair_value": 1.252021, "relative_strength": -16.552111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.997784, "energy": 46.265886, "activity_lines": [ 0.952, 0.961818, 0.984624, 1.018091 ] }, { "date": "2025-03-14", "close": 0.87, "volume": 8731263, "typical_volume": 8012683.95, "trend": 1.052376, "fair_value": 1.247295, "relative_strength": -16.520384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.35346, "energy": 63.681822, "activity_lines": [ 0.920333, 0.944455, 0.970687, 1.005672 ] }, { "date": "2025-03-21", "close": 0.89, "volume": 7231613, "typical_volume": 8177039.2, "trend": 1.043889, "fair_value": 1.242698, "relative_strength": -15.591627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.65719, "energy": 71.901424, "activity_lines": [ 0.903667, 0.933, 0.959969, 0.995196 ] }, { "date": "2025-03-28", "close": 0.9, "volume": 7595961, "typical_volume": 8391631.7, "trend": 1.034773, "fair_value": 1.238283, "relative_strength": -14.703281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.482293, "energy": 70.748622, "activity_lines": [ 0.896333, 0.924455, 0.95126, 0.985913 ] }, { "date": "2025-04-04", "close": 0.9, "volume": 8017193, "typical_volume": 8586907.65, "trend": 1.02662, "fair_value": 1.233842, "relative_strength": -10.775751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.937778, "energy": 61.331767, "activity_lines": [ 0.893667, 0.916727, 0.943465, 0.977218 ] }, { "date": "2025-04-11", "close": 0.815, "volume": 9814765, "typical_volume": 8795470.2, "trend": 1.01435, "fair_value": 1.22891, "relative_strength": -18.564134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.286484, "energy": 63.622851, "activity_lines": [ 0.868333, 0.894182, 0.928514, 0.963565 ] }, { "date": "2025-04-18", "close": 0.845, "volume": 4235349, "typical_volume": 8627361.45, "trend": 1.004363, "fair_value": 1.22401, "relative_strength": -17.074007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.549656, "energy": 53.212293, "activity_lines": [ 0.858333, 0.880545, 0.917669, 0.952639 ] }, { "date": "2025-04-25", "close": 0.83, "volume": 4580274, "typical_volume": 8447084.8, "trend": 0.994809, "fair_value": 1.218854, "relative_strength": -19.537878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.866305, "energy": 58.319852, "activity_lines": [ 0.845, 0.866909, 0.906666, 0.94139 ] }, { "date": "2025-05-02", "close": 0.865, "volume": 9800768, "typical_volume": 8527983.55, "trend": 0.985115, "fair_value": 1.214933, "relative_strength": -18.408024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.861369, "energy": 55.001255, "activity_lines": [ 0.847333, 0.862364, 0.900012, 0.933015 ] }, { "date": "2025-05-09", "close": 0.83, "volume": 8017802, "typical_volume": 8202944.25, "trend": 0.974417, "fair_value": 1.21132, "relative_strength": -21.130715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.436841, "energy": 49.412161, "activity_lines": [ 0.840333, 0.853364, 0.89071, 0.923008 ] }, { "date": "2025-05-16", "close": 0.845, "volume": 8057317, "typical_volume": 8483774.3, "trend": 0.963893, "fair_value": 1.207856, "relative_strength": -20.313943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.919625, "energy": 44.106086, "activity_lines": [ 0.843, 0.849909, 0.883548, 0.914658 ] }, { "date": "2025-05-23", "close": 0.84, "volume": 6988163, "typical_volume": 8648694.85, "trend": 0.953692, "fair_value": 1.204492, "relative_strength": -20.465762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.720559, "energy": 41.85055, "activity_lines": [ 0.842, 0.846455, 0.876667, 0.906665 ] }, { "date": "2025-05-30", "close": 0.89, "volume": 14958663, "typical_volume": 9152501.9, "trend": 0.9463, "fair_value": 1.201157, "relative_strength": -16.054018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.213233, "energy": 27.829846, "activity_lines": [ 0.858, 0.852636, 0.875286, 0.902556 ] }, { "date": "2025-06-06", "close": 0.76, "volume": 8958131, "typical_volume": 9268807.5, "trend": 0.935228, "fair_value": 1.197361, "relative_strength": -28.461793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.829654, "energy": 44.710641, "activity_lines": [ 0.826667, 0.835182, 0.86181, 0.890537 ] }, { "date": "2025-06-13", "close": 0.74, "volume": 6454538, "typical_volume": 9271474.75, "trend": 0.923327, "fair_value": 1.193968, "relative_strength": -30.039524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.56562, "energy": 56.306662, "activity_lines": [ 0.795667, 0.816636, 0.84731, 0.877941 ] }, { "date": "2025-06-20", "close": 0.755, "volume": 10619488, "typical_volume": 9365748.2, "trend": 0.912578, "fair_value": 1.190858, "relative_strength": -27.70157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.346439, "energy": 60.647498, "activity_lines": [ 0.775667, 0.803727, 0.835167, 0.867081 ] }, { "date": "2025-06-27", "close": 0.77, "volume": 8982937, "typical_volume": 9382541.25, "trend": 0.901186, "fair_value": 1.188265, "relative_strength": -25.866496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.481676, "energy": 70.776936, "activity_lines": [ 0.766667, 0.794636, 0.825643, 0.857883 ] }, { "date": "2025-07-04", "close": 0.73, "volume": 9254575, "typical_volume": 9435667.55, "trend": 0.890747, "fair_value": 1.185011, "relative_strength": -29.920153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.928728, "energy": 71.037535, "activity_lines": [ 0.749, 0.779636, 0.813381, 0.846839 ] }, { "date": "2025-07-11", "close": 0.735, "volume": 6164911, "typical_volume": 9269770.35, "trend": 0.881617, "fair_value": 1.181276, "relative_strength": -28.633875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.242845, "energy": 60.809474, "activity_lines": [ 0.743667, 0.767364, 0.802786, 0.83679 ] }, { "date": "2025-07-18", "close": 0.755, "volume": 3494095, "typical_volume": 8392070.95, "trend": 0.874133, "fair_value": 1.17713, "relative_strength": -27.599987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.283912, "energy": 47.806451, "activity_lines": [ 0.746667, 0.761091, 0.795214, 0.828622 ] }, { "date": "2025-07-25", "close": 0.77, "volume": 6526883, "typical_volume": 7924234.45, "trend": 0.866333, "fair_value": 1.172756, "relative_strength": -24.790036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.747567, "energy": 41.909307, "activity_lines": [ 0.753667, 0.758909, 0.790167, 0.821903 ] }, { "date": "2025-08-01", "close": 0.775, "volume": 4597827, "typical_volume": 7717562.65, "trend": 0.859, "fair_value": 1.168738, "relative_strength": -23.609595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.825068, "energy": 30.452502, "activity_lines": [ 0.761333, 0.759, 0.78619, 0.816011 ] }, { "date": "2025-08-08", "close": 0.815, "volume": 3611268, "typical_volume": 7536545.4, "trend": 0.8545, "fair_value": 1.165111, "relative_strength": -20.307966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.333322, "energy": 18.567794, "activity_lines": [ 0.782, 0.767545, 0.786476, 0.813172 ] }, { "date": "2025-08-15", "close": 0.81, "volume": 6819083, "typical_volume": 7497701.5, "trend": 0.85, "fair_value": 1.160643, "relative_strength": -21.223701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.366724, "energy": 18.867475, "activity_lines": [ 0.795333, 0.776545, 0.786643, 0.810301 ] }, { "date": "2025-08-22", "close": 0.785, "volume": 5840003, "typical_volume": 7388842.0, "trend": 0.845, "fair_value": 1.155988, "relative_strength": -23.192624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.51079, "energy": 17.045228, "activity_lines": [ 0.795333, 0.780091, 0.784857, 0.806108 ] }, { "date": "2025-08-29", "close": 0.74, "volume": 8301756, "typical_volume": 7313191.55, "trend": 0.836167, "fair_value": 1.151152, "relative_strength": -26.869773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.458717, "energy": 20.043845, "activity_lines": [ 0.778333, 0.774636, 0.779333, 0.799333 ] }, { "date": "2025-09-05", "close": 0.74, "volume": 6892828, "typical_volume": 7446065.5, "trend": 0.827667, "fair_value": 1.146586, "relative_strength": -25.272539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.843639, "energy": 30.960323, "activity_lines": [ 0.763333, 0.769455, 0.774167, 0.793129 ] }, { "date": "2025-09-12", "close": 0.705, "volume": 13604785, "typical_volume": 7897291.05, "trend": 0.8185, "fair_value": 1.141822, "relative_strength": -27.930265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.790812, "energy": 58.332157, "activity_lines": [ 0.739, 0.758455, 0.766167, 0.785215 ] }, { "date": "2025-09-19", "close": 0.685, "volume": 65634757, "typical_volume": 10688990.5, "trend": 0.809, "fair_value": 1.138118, "relative_strength": -28.480637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.204456, "energy": 73.067713, "activity_lines": [ 0.715333, 0.744273, 0.756857, 0.776602 ] }, { "date": "2025-09-26", "close": 0.7, "volume": 11923406, "typical_volume": 10884270.7, "trend": 0.7995, "fair_value": 1.135002, "relative_strength": -26.301479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.301485, "energy": 70.322306, "activity_lines": [ 0.705, 0.733727, 0.749833, 0.76957 ] }, { "date": "2025-10-03", "close": 0.705, "volume": 7140876, "typical_volume": 10838448.65, "trend": 0.793167, "fair_value": 1.131645, "relative_strength": -26.596643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.191861, "energy": 68.203641, "activity_lines": [ 0.702, 0.725091, 0.743905, 0.763473 ] }, { "date": "2025-10-10", "close": 0.7, "volume": 5793513, "typical_volume": 10778716.15, "trend": 0.7875, "fair_value": 1.128365, "relative_strength": -26.055888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.136742, "energy": 58.780347, "activity_lines": [ 0.699667, 0.716727, 0.738167, 0.757462 ] }, { "date": "2025-10-17", "close": 0.69, "volume": 8227710, "typical_volume": 10442168.5, "trend": 0.780833, "fair_value": 1.124966, "relative_strength": -26.564459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.717761, "energy": 44.774796, "activity_lines": [ 0.696667, 0.707909, 0.732143, 0.751172 ] }, { "date": "2025-10-24", "close": 0.685, "volume": 4341145, "typical_volume": 10211319.2, "trend": 0.773667, "fair_value": 1.121481, "relative_strength": -26.426467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.217329, "energy": 43.949774, "activity_lines": [ 0.693, 0.700455, 0.726595, 0.744989 ] }, { "date": "2025-10-31", "close": 0.68, "volume": 6703208, "typical_volume": 10223752.7, "trend": 0.766333, "fair_value": 1.118073, "relative_strength": -24.992504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.116841, "energy": 43.87737, "activity_lines": [ 0.687667, 0.694364, 0.720929, 0.738946 ] }, { "date": "2025-11-07", "close": 0.73, "volume": 9076003, "typical_volume": 10146578.45, "trend": 0.7635, "fair_value": 1.114685, "relative_strength": -17.696175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.422507, "energy": 29.482585, "activity_lines": [ 0.700333, 0.699273, 0.72031, 0.736602 ] }, { "date": "2025-11-14", "close": 0.705, "volume": 3405776, "typical_volume": 9867720.4, "trend": 0.758833, "fair_value": 1.110507, "relative_strength": -18.483409, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.963773, "energy": 25.122343, "activity_lines": [ 0.703, 0.699818, 0.717429, 0.732828 ] }, { "date": "2025-11-21", "close": 0.71, "volume": 4632334, "typical_volume": 9636608.35, "trend": 0.754833, "fair_value": 1.106252, "relative_strength": -15.061255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.047647, "energy": 20.048305, "activity_lines": [ 0.707, 0.701909, 0.715333, 0.729677 ] }, { "date": "2025-11-28", "close": 0.82, "volume": 7226572, "typical_volume": 9689691.4, "trend": 0.753333, "fair_value": 1.102456, "relative_strength": -3.46809, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 12.149458, "energy": 19.121131, "activity_lines": [ 0.746333, 0.723909, 0.72381, 0.733882 ] }, { "date": "2025-12-05", "close": 0.805, "volume": 3040197, "typical_volume": 9666996.5, "trend": 0.7525, "fair_value": 1.098291, "relative_strength": -4.890416, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 29.831359, "energy": 35.152213, "activity_lines": [ 0.771667, 0.740727, 0.730452, 0.737215 ] }, { "date": "2025-12-12", "close": 0.77, "volume": 3819374, "typical_volume": 9531621.05, "trend": 0.75, "fair_value": 1.093956, "relative_strength": -9.091496, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.570194, "energy": 36.246305, "activity_lines": [ 0.777, 0.749273, 0.733524, 0.738344 ] }, { "date": "2025-12-19", "close": 0.75, "volume": 7159451, "typical_volume": 9659702.25, "trend": 0.747, "fair_value": 1.089492, "relative_strength": -10.061762, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.724595, "energy": 36.070496, "activity_lines": [ 0.773, 0.753, 0.73469, 0.738344 ] }, { "date": "2025-12-26", "close": 0.73, "volume": 2796734, "typical_volume": 9618975.55, "trend": 0.741667, "fair_value": 1.084605, "relative_strength": -13.212299, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.742577, "energy": 18.958694, "activity_lines": [ 0.759333, 0.752182, 0.734071, 0.737247 ] }, { "date": "2026-01-02", "close": 0.72, "volume": 2093438, "typical_volume": 9382693.3, "trend": 0.740333, "fair_value": 1.079736, "relative_strength": -13.397783, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.017296, "energy": 10.624655, "activity_lines": [ 0.741, 0.748818, 0.732905, 0.735849 ] }, { "date": "2026-01-09", "close": 0.73, "volume": 2760101, "typical_volume": 9228698.2, "trend": 0.74, "fair_value": 1.074848, "relative_strength": -11.544194, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.516783, "energy": 14.869752, "activity_lines": [ 0.732667, 0.746636, 0.733119, 0.735183 ] }, { "date": "2026-01-16", "close": 0.76, "volume": 2196216, "typical_volume": 8923421.2, "trend": 0.740167, "fair_value": 1.070153, "relative_strength": -9.311398, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.540966, "energy": 9.828787, "activity_lines": [ 0.739333, 0.749, 0.736452, 0.736473 ] }, { "date": "2026-01-23", "close": 0.765, "volume": 3651029, "typical_volume": 8761331.25, "trend": 0.74, "fair_value": 1.065932, "relative_strength": -7.795332, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.77561, "energy": 5.571684, "activity_lines": [ 0.748333, 0.751727, 0.740167, 0.738075 ] }, { "date": "2026-01-30", "close": 0.73, "volume": 4416894, "typical_volume": 8301936.7, "trend": 0.74, "fair_value": 1.061321, "relative_strength": -11.457992, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.947908, "energy": 4.021224, "activity_lines": [ 0.744667, 0.747, 0.740429, 0.73743 ] }, { "date": "2026-02-06", "close": 0.705, "volume": 5831051, "typical_volume": 5311751.4, "trend": 0.739, "fair_value": 1.056909, "relative_strength": -12.263815, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.734549, "energy": 16.511789, "activity_lines": [ 0.732667, 0.737364, 0.73819, 0.735172 ] }, { "date": "2026-02-13", "close": 0.66, "volume": 10337303, "typical_volume": 5232446.25, "trend": 0.735833, "fair_value": 1.052678, "relative_strength": -19.103778, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.070014, "energy": 43.281803, "activity_lines": [ 0.706667, 0.721636, 0.731571, 0.730075 ] }, { "date": "2026-02-20", "close": 0.695, "volume": 5365753, "typical_volume": 5143690.1, "trend": 0.733333, "fair_value": 1.048092, "relative_strength": -15.63405, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.682782, "energy": 45.77428, "activity_lines": [ 0.697, 0.714909, 0.728476, 0.727441 ] }, { "date": "2026-02-27", "close": 0.72, "volume": 5176655, "typical_volume": 5112847.2, "trend": 0.7315, "fair_value": 1.043859, "relative_strength": -12.932932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.253755, "energy": 47.658865, "activity_lines": [ 0.7, 0.714091, 0.72781, 0.726581 ] }, { "date": "2026-03-06", "close": 0.65, "volume": 4305717, "typical_volume": 4916747.55, "trend": 0.726, "fair_value": 1.039371, "relative_strength": -17.620703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.407957, "energy": 64.283071, "activity_lines": [ 0.682667, 0.701091, 0.720381, 0.721323 ] }, { "date": "2026-03-13", "close": 0.62, "volume": 5032512, "typical_volume": 4951315.9, "trend": 0.719667, "fair_value": 1.035188, "relative_strength": -18.592124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.594871, "energy": 68.535704, "activity_lines": [ 0.660667, 0.684091, 0.710286, 0.714484 ] }, { "date": "2026-03-20", "close": 0.61, "volume": 4474696, "typical_volume": 4839890.3, "trend": 0.713833, "fair_value": 1.03119, "relative_strength": -17.395872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.65106, "energy": 74.384689, "activity_lines": [ 0.641, 0.667091, 0.699548, 0.707409 ] }, { "date": "2026-03-27", "close": 0.615, "volume": 2646975, "typical_volume": 4518438.9, "trend": 0.709667, "fair_value": 1.027581, "relative_strength": -16.838394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.314985, "energy": 77.361956, "activity_lines": [ 0.626333, 0.653182, 0.689619, 0.701032 ] }, { "date": "2026-04-03", "close": 0.705, "volume": 5533635, "typical_volume": 4624831.85, "trend": 0.7085, "fair_value": 1.024436, "relative_strength": -4.627158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.502629, "energy": 49.359731, "activity_lines": [ 0.647, 0.658273, 0.68881, 0.700731 ] }, { "date": "2026-04-10", "close": 0.68, "volume": 2183182, "typical_volume": 4502374.25, "trend": 0.707667, "fair_value": 1.020961, "relative_strength": -11.313961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.20796, "energy": 28.779609, "activity_lines": [ 0.660333, 0.659909, 0.685619, 0.698892 ] }, { "date": "2026-04-17", "close": 0.65, "volume": 1946909, "typical_volume": 4238391.1, "trend": 0.7065, "fair_value": 1.017576, "relative_strength": -14.415543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.973594, "energy": 23.584174, "activity_lines": [ 0.661667, 0.657, 0.679714, 0.695172 ] }, { "date": "2026-04-24", "close": 0.655, "volume": 2000493, "typical_volume": 4186405.9, "trend": 0.705, "fair_value": 1.014251, "relative_strength": -11.589601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.434952, "energy": 20.711213, "activity_lines": [ 0.662667, 0.656, 0.675095, 0.691849 ] }, { "date": "2026-05-01", "close": 0.67, "volume": 2912821, "typical_volume": 4141078.25, "trend": 0.703833, "fair_value": 1.010887, "relative_strength": -8.387236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.253581, "energy": 19.056501, "activity_lines": [ 0.665667, 0.657818, 0.672619, 0.689591 ] }, { "date": "2026-05-08", "close": 0.69, "volume": 2795089, "typical_volume": 3922860.15, "trend": 0.7035, "fair_value": 1.00745, "relative_strength": -5.333539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.023563, "energy": 15.894383, "activity_lines": [ 0.671667, 0.663727, 0.672524, 0.688699 ] }, { "date": "2026-05-15", "close": 0.69, "volume": 2883016, "typical_volume": 3927174.25, "trend": 0.7035, "fair_value": 1.004157, "relative_strength": -3.613236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.906543, "energy": 14.613887, "activity_lines": [ 0.678667, 0.670182, 0.672714, 0.687828 ] }, { "date": "2026-05-22", "close": 0.66, "volume": 2828092, "typical_volume": 3963906.95, "trend": 0.702667, "fair_value": 1.000471, "relative_strength": -7.563728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.884371, "energy": 13.564042, "activity_lines": [ 0.675, 0.670455, 0.670238, 0.685022 ] }, { "date": "2026-05-29", "close": 0.745, "volume": 3120454, "typical_volume": 3981924.6, "trend": 0.704833, "fair_value": 0.99753, "relative_strength": 3.937723, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.506186, "energy": 15.981335, "activity_lines": [ 0.699, 0.685455, 0.676143, 0.687753 ] }, { "date": "2026-06-05", "close": 0.68, "volume": 5426890, "typical_volume": 4143458.3, "trend": 0.703167, "fair_value": 0.993915, "relative_strength": -3.723415, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.865151, "energy": 12.967496, "activity_lines": [ 0.695333, 0.686182, 0.675786, 0.686151 ] }, { "date": "2026-06-12", "close": 0.705, "volume": 450990, "typical_volume": 3983456.35, "trend": 0.703167, "fair_value": 0.990404, "relative_strength": -2.062665, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.758748, "energy": 15.276536, "activity_lines": [ 0.699333, 0.690273, 0.67819, 0.686269 ] }, { "date": "2026-06-19", "close": 0.69, "volume": 878214, "typical_volume": 3806522.35, "trend": 0.7025, "fair_value": 0.987339, "relative_strength": -4.17544, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.423438, "energy": 16.096811, "activity_lines": [ 0.697333, 0.691636, 0.679452, 0.685419 ] }, { "date": "2026-06-26", "close": 0.7, "volume": 1155895, "typical_volume": 3572764.55, "trend": 0.6985, "fair_value": 0.984196, "relative_strength": -1.826638, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.80215, "energy": 7.907874, "activity_lines": [ 0.698667, 0.694636, 0.681857, 0.685258 ] }, { "date": "2026-07-03", "close": 0.725, "volume": 1422466, "typical_volume": 3127022.7, "trend": 0.695833, "fair_value": 0.98104, "relative_strength": 0.826204, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.528696, "energy": 22.54988, "activity_lines": [ 0.705667, 0.701273, 0.686667, 0.686968 ] }, { "date": "2026-07-10", "close": 0.69, "volume": 2383497, "typical_volume": 2977909.9, "trend": 0.693167, "fair_value": 0.97763, "relative_strength": -3.455939, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.603592, "energy": 14.530958, "activity_lines": [ 0.702333, 0.700273, 0.687833, 0.686591 ] }, { "date": "2026-07-17", "close": 0.715, "volume": 2658946, "typical_volume": 2852024.45, "trend": 0.692, "fair_value": 0.974032, "relative_strength": 0.265024, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.362494, "energy": 24.100317, "activity_lines": [ 0.706667, 0.703455, 0.691405, 0.688 ] }, { "date": "2026-07-24", "close": 0.72, "volume": 4705320, "typical_volume": 2872004.6, "trend": 0.691667, "fair_value": 0.970495, "relative_strength": 1.409817, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.124163, "energy": 29.88645, "activity_lines": [ 0.712, 0.707091, 0.695476, 0.689806 ] }, { "date": "2026-07-31", "close": 0.745, "volume": 3290040, "typical_volume": 2784881.0, "trend": 0.6925, "fair_value": 0.967351, "relative_strength": 2.698676, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.989797, "energy": 49.808231, "activity_lines": [ 0.723667, 0.714727, 0.701595, 0.693247 ] }, { "date": "2026-08-07", "close": 0.735, "volume": 4275759, "typical_volume": 2774934.15, "trend": 0.692667, "fair_value": 0.964287, "relative_strength": -1.50739, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.317029, "energy": 56.775155, "activity_lines": [ 0.729, 0.719, 0.706167, 0.695989 ] } ], "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." } } }