{ "ticker": { "uuid": "d31d40ca-ee04-496c-9afc-6ca726ec069e", "symbol": "PAR", "name": "Parlem Telecom Companyia de Telecomunicacions, S.A.", "exchange": "MCE", "country": "ES", "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": "^IBEX", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 94.129, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -48.384, "architecture_energy": 48.457, "architecture_maturity": 100.0, "architecture_confidence": 80.791, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 23.78, "rotation_up": 27.98, "upward_expansion": 26.34, "deceleration": 46.92, "rotation_down": 39.06, "downward_expansion": 65.0 }, "activity_lines": [ 0.866, 0.846909, 0.886429, 1.109118 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 0.88, "trend_reference": 1.479833, "distance_from_trend": -0.405338, "trend_direction": "Weakening", "fair_value": 2.888893, "distance_from_fair_value": -0.695385, "fair_value_direction": "Improving", "relative_strength": -65.428375, "relative_strength_direction": "Improving", "price_momentum": -0.65625, "excess_performance": -0.780681, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.405338, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.296044, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.695385, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.072663, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.654284, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.12058, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.65625, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.468507, "read": "Demand-led" } ], "volume": { "latest": 123017, "relative_activity": 1.339765, "balance": 2.468507, "dry_up": 1.987193, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.143357, "annualized_volatility": 0.83881, "from_high_reference": -0.741176, "from_low_reference": 0.396825 }, "levels": { "trend_reference": 1.479833, "fair_value_reference": 2.888893, "structural_low": 0.63, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 24, "median_return": 0.010854, "positive_rate": 0.541667, "directional_follow_through": 0.416667, "median_excess_return": -0.039395, "regime_survival": 0.875, "best_return": 0.338028, "worst_return": -0.477941, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.100671, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.206771, "regime_survival": 0.571429, "best_return": 0.214035, "worst_return": -0.507463, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.050301, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.227551, "regime_survival": 0.25, "best_return": 0.235088, "worst_return": -0.557047, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.126506, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.354113, "regime_survival": 0.333333, "best_return": 0.192982, "worst_return": -0.28125, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-08", "end": "2024-03-22", "tenure": "New", "return": 0.028169, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-29", "end": "2024-05-24", "tenure": "Developing", "return": -0.027778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-31", "end": "2024-06-14", "tenure": "New", "return": 0.040462, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": -0.044693, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-19", "end": "2024-08-09", "tenure": "New", "return": -0.069767, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.048485, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2025-02-14", "tenure": "Established", "return": -0.058824, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-05-16", "tenure": "Established", "return": 0.03125, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.03681, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.005747, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": -0.04, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": -0.02381, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-19", "end": "2025-10-17", "tenure": "Developing", "return": -0.068323, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2026-08-07", "tenure": "Extended", "return": -0.704698, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.18, "volume": 6385, "typical_volume": 38465.55, "trend": 2.962667, "fair_value": 4.554513, "relative_strength": -7.929278, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.877118, "energy": 44.332058, "activity_lines": [ 3.144667, 3.078909, 2.958571, 2.931075 ] }, { "date": "2023-08-25", "close": 3.18, "volume": 981, "typical_volume": 38084.45, "trend": 2.956, "fair_value": 4.542456, "relative_strength": -7.540121, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.778843, "energy": 46.064874, "activity_lines": [ 3.164667, 3.111273, 2.986143, 2.945097 ] }, { "date": "2023-09-01", "close": 3.2, "volume": 11595, "typical_volume": 33413.3, "trend": 2.950667, "fair_value": 4.530783, "relative_strength": -6.900122, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.286398, "energy": 50.697627, "activity_lines": [ 3.184, 3.139636, 3.012619, 2.960839 ] }, { "date": "2023-09-08", "close": 3.24, "volume": 79005, "typical_volume": 36704.85, "trend": 2.946333, "fair_value": 4.519655, "relative_strength": -3.662974, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.564588, "energy": 49.364915, "activity_lines": [ 3.203333, 3.168909, 3.04319, 2.979505 ] }, { "date": "2023-09-15", "close": 3.1, "volume": 10808, "typical_volume": 35269.75, "trend": 2.937667, "fair_value": 4.507521, "relative_strength": -8.701219, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.470333, "energy": 35.824291, "activity_lines": [ 3.173333, 3.165091, 3.059143, 2.989419 ] }, { "date": "2023-09-22", "close": 3.05, "volume": 9246, "typical_volume": 31584.25, "trend": 2.931333, "fair_value": 4.495169, "relative_strength": -8.795384, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.109819, "energy": 25.076664, "activity_lines": [ 3.13, 3.144909, 3.067857, 2.996667 ] }, { "date": "2023-09-29", "close": 3.12, "volume": 11211, "typical_volume": 26514.5, "trend": 2.932333, "fair_value": 4.483613, "relative_strength": -5.301094, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.939651, "energy": 20.005991, "activity_lines": [ 3.118667, 3.141818, 3.081762, 3.008839 ] }, { "date": "2023-10-06", "close": 3.04, "volume": 2720, "typical_volume": 24539.25, "trend": 2.932333, "fair_value": 4.471583, "relative_strength": -5.161969, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.33252, "energy": 18.090128, "activity_lines": [ 3.084667, 3.123273, 3.085857, 3.015785 ] }, { "date": "2023-10-13", "close": 2.97, "volume": 4087, "typical_volume": 24228.1, "trend": 2.936333, "fair_value": 4.459174, "relative_strength": -6.682631, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.622094, "energy": 16.08484, "activity_lines": [ 3.038, 3.091273, 3.081905, 3.018215 ] }, { "date": "2023-10-20", "close": 3.0, "volume": 28059, "typical_volume": 24453.15, "trend": 2.945667, "fair_value": 4.447213, "relative_strength": -3.152091, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.417142, "energy": 11.926444, "activity_lines": [ 3.019333, 3.068909, 3.07981, 3.022323 ] }, { "date": "2023-10-27", "close": 3.0, "volume": 159368, "typical_volume": 32111.5, "trend": 2.957, "fair_value": 4.435447, "relative_strength": -1.721317, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.774796, "energy": 13.907328, "activity_lines": [ 3.007333, 3.049273, 3.076429, 3.025828 ] }, { "date": "2023-11-03", "close": 2.9, "volume": 7051, "typical_volume": 30938.85, "trend": 2.968667, "fair_value": 4.423065, "relative_strength": -8.368947, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.089949, "energy": 34.82828, "activity_lines": [ 2.965333, 3.014727, 3.062524, 3.022151 ] }, { "date": "2023-11-10", "close": 3.13, "volume": 24812, "typical_volume": 30417.15, "trend": 2.964333, "fair_value": 4.41272, "relative_strength": -1.523593, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.641888, "energy": 13.399174, "activity_lines": [ 3.014667, 3.027091, 3.069857, 3.032559 ] }, { "date": "2023-11-17", "close": 3.08, "volume": 22911, "typical_volume": 30959.95, "trend": 2.968, "fair_value": 4.402143, "relative_strength": -6.485527, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.432356, "energy": 10.57887, "activity_lines": [ 3.041333, 3.031636, 3.071095, 3.040022 ] }, { "date": "2023-11-24", "close": 2.94, "volume": 18331, "typical_volume": 30762.5, "trend": 2.98, "fair_value": 4.39063, "relative_strength": -11.757384, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.927375, "energy": 7.398078, "activity_lines": [ 3.014, 3.013636, 3.057762, 3.038215 ] }, { "date": "2023-12-01", "close": 2.96, "volume": 3845, "typical_volume": 24892.1, "trend": 2.987333, "fair_value": 4.379453, "relative_strength": -12.141463, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.816972, "energy": 5.382419, "activity_lines": [ 2.997333, 3.002182, 3.04519, 3.036925 ] }, { "date": "2023-12-08", "close": 2.92, "volume": 7275, "typical_volume": 24290.55, "trend": 2.996, "fair_value": 4.36814, "relative_strength": -13.34373, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.655857, "energy": 17.086625, "activity_lines": [ 2.97, 2.985091, 3.030381, 3.032581 ] }, { "date": "2023-12-15", "close": 2.89, "volume": 37684, "typical_volume": 23507.45, "trend": 3.000667, "fair_value": 4.356769, "relative_strength": -12.406397, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.934379, "energy": 34.231949, "activity_lines": [ 2.931333, 2.966182, 3.013429, 3.025742 ] }, { "date": "2023-12-22", "close": 2.85, "volume": 15639, "typical_volume": 23379.15, "trend": 3.003667, "fair_value": 4.345267, "relative_strength": -13.046807, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.657417, "energy": 41.75593, "activity_lines": [ 2.895333, 2.942727, 2.99319, 3.016022 ] }, { "date": "2023-12-29", "close": 2.9, "volume": 21155, "typical_volume": 24108.4, "trend": 3.009333, "fair_value": 4.334318, "relative_strength": -10.819719, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.080639, "energy": 42.651967, "activity_lines": [ 2.891333, 2.930545, 2.979381, 3.009333 ] }, { "date": "2024-01-05", "close": 2.85, "volume": 11012, "typical_volume": 24339.75, "trend": 3.011333, "fair_value": 4.323158, "relative_strength": -12.256566, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.820205, "energy": 50.491091, "activity_lines": [ 2.873333, 2.911091, 2.962, 2.999054 ] }, { "date": "2024-01-12", "close": 2.7, "volume": 19328, "typical_volume": 25257.1, "trend": 3.009333, "fair_value": 4.311045, "relative_strength": -15.744383, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.491021, "energy": 58.933317, "activity_lines": [ 2.812667, 2.867091, 2.931905, 2.978968 ] }, { "date": "2024-01-19", "close": 2.19, "volume": 98601, "typical_volume": 29607.4, "trend": 2.987333, "fair_value": 4.295333, "relative_strength": -29.367881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.855164, "energy": 84.735497, "activity_lines": [ 2.596667, 2.734, 2.855524, 2.926108 ] }, { "date": "2024-01-26", "close": 2.32, "volume": 133811, "typical_volume": 32347.7, "trend": 2.970667, "fair_value": 4.280809, "relative_strength": -25.125706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.552887, "energy": 87.166159, "activity_lines": [ 2.470667, 2.641636, 2.796333, 2.883054 ] }, { "date": "2024-02-02", "close": 2.98, "volume": 96268, "typical_volume": 36620.7, "trend": 2.98, "fair_value": 4.271314, "relative_strength": -4.628308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.585053, "energy": 58.960854, "activity_lines": [ 2.6, 2.683091, 2.804381, 2.883656 ] }, { "date": "2024-02-09", "close": 2.84, "volume": 48716, "typical_volume": 38594.2, "trend": 2.965, "fair_value": 4.260942, "relative_strength": -7.109718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.544636, "energy": 40.111548, "activity_lines": [ 2.677333, 2.698364, 2.799667, 2.874624 ] }, { "date": "2024-02-16", "close": 2.85, "volume": 106291, "typical_volume": 43348.2, "trend": 2.957667, "fair_value": 4.250791, "relative_strength": -6.267898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.381899, "energy": 18.28324, "activity_lines": [ 2.758667, 2.717636, 2.796905, 2.867204 ] }, { "date": "2024-02-23", "close": 3.12, "volume": 38637, "typical_volume": 45144.05, "trend": 2.961667, "fair_value": 4.242714, "relative_strength": 0.415652, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.052171, "energy": 20.689005, "activity_lines": [ 2.92, 2.787273, 2.821143, 2.877677 ] }, { "date": "2024-03-01", "close": 3.09, "volume": 62453, "typical_volume": 48062.35, "trend": 2.958, "fair_value": 4.234539, "relative_strength": 0.22369, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 21.201683, "energy": 27.897299, "activity_lines": [ 3.009333, 2.847273, 2.842143, 2.885957 ] }, { "date": "2024-03-08", "close": 3.55, "volume": 98739, "typical_volume": 51596.35, "trend": 2.971333, "fair_value": 4.229718, "relative_strength": 12.330768, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.544754, "energy": 52.406878, "activity_lines": [ 3.200667, 2.986545, 2.906381, 2.924151 ] }, { "date": "2024-03-15", "close": 3.57, "volume": 29188, "typical_volume": 45087.35, "trend": 2.984333, "fair_value": 4.225105, "relative_strength": 9.780208, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.41451, "energy": 69.475158, "activity_lines": [ 3.360667, 3.117636, 2.969905, 2.962774 ] }, { "date": "2024-03-22", "close": 3.65, "volume": 73177, "typical_volume": 48393.65, "trend": 3.0, "fair_value": 4.221111, "relative_strength": 8.534145, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 76.789463, "energy": 82.096738, "activity_lines": [ 3.498667, 3.250182, 3.038333, 3.00572 ] }, { "date": "2024-03-29", "close": 3.6, "volume": 19776, "typical_volume": 48141.85, "trend": 3.013333, "fair_value": 4.216828, "relative_strength": 5.533214, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.158865, "energy": 80.997399, "activity_lines": [ 3.566667, 3.356364, 3.098429, 3.04443 ] }, { "date": "2024-04-05", "close": 3.46, "volume": 19685, "typical_volume": 47980.55, "trend": 3.020667, "fair_value": 4.211644, "relative_strength": 2.626445, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.729883, "energy": 70.725363, "activity_lines": [ 3.556, 3.411455, 3.142952, 3.073247 ] }, { "date": "2024-04-12", "close": 3.5, "volume": 13404, "typical_volume": 47734.2, "trend": 3.034, "fair_value": 4.206803, "relative_strength": 6.18383, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.544182, "energy": 49.574634, "activity_lines": [ 3.534, 3.453091, 3.189476, 3.104172 ] }, { "date": "2024-04-19", "close": 3.5, "volume": 2644, "typical_volume": 47674.15, "trend": 3.049, "fair_value": 4.202027, "relative_strength": 5.682377, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.663049, "energy": 45.045267, "activity_lines": [ 3.515333, 3.485273, 3.233333, 3.134237 ] }, { "date": "2024-04-26", "close": 3.56, "volume": 23219, "typical_volume": 48471.35, "trend": 3.063667, "fair_value": 4.197718, "relative_strength": 3.140712, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.122732, "energy": 41.847979, "activity_lines": [ 3.521333, 3.516364, 3.280333, 3.167204 ] }, { "date": "2024-05-03", "close": 3.532268, "volume": 20801, "typical_volume": 47627.2, "trend": 3.080076, "fair_value": 4.193282, "relative_strength": 4.995864, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.642097, "energy": 39.173152, "activity_lines": [ 3.524089, 3.529503, 3.321645, 3.197437 ] }, { "date": "2024-05-10", "close": 3.56, "volume": 79091, "typical_volume": 50799.8, "trend": 3.099742, "fair_value": 4.189088, "relative_strength": 3.222262, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.896544, "energy": 42.26203, "activity_lines": [ 3.540605, 3.540189, 3.362539, 3.2284 ] }, { "date": "2024-05-17", "close": 3.46, "volume": 3824, "typical_volume": 49933.25, "trend": 3.115076, "fair_value": 4.184291, "relative_strength": -1.695034, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.17559, "energy": 34.801872, "activity_lines": [ 3.51712, 3.524148, 3.390528, 3.251642 ] }, { "date": "2024-05-24", "close": 3.5, "volume": 94083, "typical_volume": 54086.8, "trend": 3.131742, "fair_value": 4.179819, "relative_strength": 0.096143, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.14072, "energy": 31.048174, "activity_lines": [ 3.509636, 3.517016, 3.41966, 3.276476 ] }, { "date": "2024-05-31", "close": 3.46, "volume": 35291, "typical_volume": 54884.95, "trend": 3.150409, "fair_value": 4.175145, "relative_strength": -1.788555, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.738394, "energy": 27.232448, "activity_lines": [ 3.488818, 3.503884, 3.441887, 3.297654 ] }, { "date": "2024-06-07", "close": 3.66, "volume": 16916, "typical_volume": 50800.7, "trend": 3.168076, "fair_value": 4.171821, "relative_strength": 2.998136, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.60948, "energy": 39.106744, "activity_lines": [ 3.541333, 3.53057, 3.479543, 3.330531 ] }, { "date": "2024-06-14", "close": 3.6, "volume": 151554, "typical_volume": 51687.85, "trend": 3.185409, "fair_value": 4.168156, "relative_strength": 4.87399, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.908342, "energy": 40.657585, "activity_lines": [ 3.565333, 3.545256, 3.504485, 3.358397 ] }, { "date": "2024-06-21", "close": 3.58, "volume": 20067, "typical_volume": 47877.8, "trend": 3.206742, "fair_value": 4.16322, "relative_strength": 3.805072, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.199415, "energy": 41.092627, "activity_lines": [ 3.58, 3.55376, 3.521426, 3.383854 ] }, { "date": "2024-06-28", "close": 3.76, "volume": 112451, "typical_volume": 51064.55, "trend": 3.233409, "fair_value": 4.157194, "relative_strength": 9.572558, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.225737, "energy": 58.061426, "activity_lines": [ 3.646667, 3.593537, 3.552653, 3.419548 ] }, { "date": "2024-07-05", "close": 3.52, "volume": 19478, "typical_volume": 46723.9, "trend": 3.253409, "fair_value": 4.150912, "relative_strength": 1.665224, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.131784, "energy": 36.958839, "activity_lines": [ 3.616, 3.58495, 3.556643, 3.438038 ] }, { "date": "2024-07-12", "close": 3.42, "volume": 12712, "typical_volume": 45427.65, "trend": 3.271076, "fair_value": 4.143989, "relative_strength": -2.951872, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.103177, "energy": 20.683889, "activity_lines": [ 3.548, 3.558909, 3.547918, 3.448786 ] }, { "date": "2024-07-19", "close": 3.44, "volume": 23220, "typical_volume": 43466.0, "trend": 3.290742, "fair_value": 4.136457, "relative_strength": -0.884591, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.603264, "energy": 9.194683, "activity_lines": [ 3.502667, 3.538545, 3.539669, 3.459684 ] }, { "date": "2024-07-26", "close": 3.5, "volume": 18980, "typical_volume": 39478.05, "trend": 3.310742, "fair_value": 4.12729, "relative_strength": 0.11334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.314106, "energy": 13.043103, "activity_lines": [ 3.488, 3.531273, 3.535467, 3.473185 ] }, { "date": "2024-08-02", "close": 3.3, "volume": 716857, "typical_volume": 73861.5, "trend": 3.325742, "fair_value": 4.117547, "relative_strength": -1.050475, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.999104, "energy": 13.991291, "activity_lines": [ 3.412, 3.486909, 3.512457, 3.472492 ] }, { "date": "2024-08-09", "close": 3.2, "volume": 25839, "typical_volume": 71494.6, "trend": 3.342409, "fair_value": 4.106649, "relative_strength": -3.542226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.930014, "energy": 31.740087, "activity_lines": [ 3.333333, 3.428, 3.481208, 3.464379 ] }, { "date": "2024-08-16", "close": 3.3, "volume": 2661, "typical_volume": 70638.85, "trend": 3.379409, "fair_value": 4.097835, "relative_strength": -3.10554, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.732683, "energy": 38.863156, "activity_lines": [ 3.309333, 3.392, 3.461625, 3.461643 ] }, { "date": "2024-08-23", "close": 3.46, "volume": 3714, "typical_volume": 69840.3, "trend": 3.417409, "fair_value": 4.090463, "relative_strength": -1.15975, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.063737, "energy": 33.971416, "activity_lines": [ 3.346667, 3.391636, 3.45871, 3.466842 ] }, { "date": "2024-08-30", "close": 3.4, "volume": 5530, "typical_volume": 69446.6, "trend": 3.431409, "fair_value": 4.080848, "relative_strength": -3.686998, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.884524, "energy": 17.793067, "activity_lines": [ 3.362667, 3.382909, 3.45008, 3.465719 ] }, { "date": "2024-09-06", "close": 3.2, "volume": 20610, "typical_volume": 70344.9, "trend": 3.443409, "fair_value": 4.07072, "relative_strength": -7.151784, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -33.566173, "energy": 20.91852, "activity_lines": [ 3.318667, 3.341091, 3.422879, 3.45079 ] }, { "date": "2024-09-13", "close": 3.28, "volume": 16442, "typical_volume": 70006.05, "trend": 3.457742, "fair_value": 4.060848, "relative_strength": -7.626173, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.172574, "energy": 26.501722, "activity_lines": [ 3.308, 3.324, 3.404725, 3.440247 ] }, { "date": "2024-09-20", "close": 3.2, "volume": 4271, "typical_volume": 69179.55, "trend": 3.460409, "fair_value": 4.050591, "relative_strength": -11.242903, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.301003, "energy": 37.160214, "activity_lines": [ 3.265333, 3.296727, 3.380286, 3.423619 ] }, { "date": "2024-09-27", "close": 3.46, "volume": 60422, "typical_volume": 68246.1, "trend": 3.472742, "fair_value": 4.042002, "relative_strength": -5.504476, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.652289, "energy": 24.759656, "activity_lines": [ 3.316, 3.320727, 3.38219, 3.423592 ] }, { "date": "2024-10-04", "close": 3.4, "volume": 24838, "typical_volume": 69296.8, "trend": 3.467742, "fair_value": 4.033476, "relative_strength": -4.459125, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.62163, "energy": 16.827474, "activity_lines": [ 3.346667, 3.333455, 3.378857, 3.418899 ] }, { "date": "2024-10-11", "close": 3.46, "volume": 47283, "typical_volume": 66956.8, "trend": 3.464076, "fair_value": 4.025848, "relative_strength": -3.116014, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.511421, "energy": 13.370651, "activity_lines": [ 3.397333, 3.358909, 3.381524, 3.4184 ] }, { "date": "2024-10-18", "close": 3.42, "volume": 15484, "typical_volume": 65966.45, "trend": 3.456409, "fair_value": 4.017322, "relative_strength": -5.613033, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.997263, "energy": 16.860665, "activity_lines": [ 3.417333, 3.374182, 3.380571, 3.415556 ] }, { "date": "2024-10-25", "close": 3.46, "volume": 20146, "typical_volume": 66127.95, "trend": 3.451742, "fair_value": 4.006232, "relative_strength": -3.332031, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.240127, "energy": 11.538538, "activity_lines": [ 3.441333, 3.392727, 3.383619, 3.415788 ] }, { "date": "2024-11-01", "close": 3.48, "volume": 19427, "typical_volume": 59521.6, "trend": 3.452409, "fair_value": 3.991361, "relative_strength": -2.911578, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.470842, "energy": 15.085513, "activity_lines": [ 3.454667, 3.412, 3.389524, 3.417611 ] }, { "date": "2024-11-08", "close": 3.4, "volume": 11269, "typical_volume": 59081.7, "trend": 3.449076, "fair_value": 3.969694, "relative_strength": -2.505006, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.552928, "energy": 8.915843, "activity_lines": [ 3.44, 3.416364, 3.388381, 3.41423 ] }, { "date": "2024-11-15", "close": 3.38, "volume": 19976, "typical_volume": 54457.95, "trend": 3.445076, "fair_value": 3.943925, "relative_strength": -3.62692, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.319415, "energy": 7.138085, "activity_lines": [ 3.418667, 3.417091, 3.38619, 3.409773 ] }, { "date": "2024-11-22", "close": 3.38, "volume": 1272, "typical_volume": 53547.65, "trend": 3.439076, "fair_value": 3.921489, "relative_strength": -3.762197, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.657042, "energy": 11.035866, "activity_lines": [ 3.402667, 3.414545, 3.38581, 3.405575 ] }, { "date": "2024-11-29", "close": 3.38, "volume": 11389, "typical_volume": 53481.5, "trend": 3.434, "fair_value": 3.899566, "relative_strength": -3.626213, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.032718, "energy": 14.646692, "activity_lines": [ 3.389333, 3.410182, 3.386095, 3.401763 ] }, { "date": "2024-12-06", "close": 3.28, "volume": 15646, "typical_volume": 53102.8, "trend": 3.424667, "fair_value": 3.877002, "relative_strength": -9.733985, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.264395, "energy": 23.771526, "activity_lines": [ 3.348, 3.384364, 3.377048, 3.391828 ] }, { "date": "2024-12-13", "close": 3.34, "volume": 8585, "typical_volume": 52583.05, "trend": 3.420667, "fair_value": 3.851938, "relative_strength": -5.568305, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.837979, "energy": 28.915768, "activity_lines": [ 3.34, 3.372727, 3.374476, 3.386366 ] }, { "date": "2024-12-20", "close": 3.4, "volume": 12176, "typical_volume": 17349.0, "trend": 3.417333, "fair_value": 3.827771, "relative_strength": -1.576636, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.241187, "energy": 21.816075, "activity_lines": [ 3.356, 3.373091, 3.378381, 3.385032 ] }, { "date": "2024-12-27", "close": 3.4, "volume": 11471, "typical_volume": 16630.6, "trend": 3.415333, "fair_value": 3.804053, "relative_strength": -2.173984, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.095455, "energy": 17.789762, "activity_lines": [ 3.370667, 3.374545, 3.38181, 3.383914 ] }, { "date": "2025-01-03", "close": 3.4, "volume": 7465, "typical_volume": 16870.8, "trend": 3.406667, "fair_value": 3.780976, "relative_strength": -3.251979, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.648018, "energy": 7.006065, "activity_lines": [ 3.384, 3.376364, 3.384286, 3.382925 ] }, { "date": "2025-01-10", "close": 3.4, "volume": 32146, "typical_volume": 18292.4, "trend": 3.4, "fair_value": 3.757579, "relative_strength": -3.962492, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.897383, "energy": 8.539452, "activity_lines": [ 3.396, 3.379273, 3.386286, 3.382495 ] }, { "date": "2025-01-17", "close": 3.4, "volume": 4754, "typical_volume": 18253.6, "trend": 3.394, "fair_value": 3.729694, "relative_strength": -5.915713, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.028289, "energy": 5.841675, "activity_lines": [ 3.4, 3.383636, 3.388571, 3.382495 ] }, { "date": "2025-01-24", "close": 3.48, "volume": 48067, "typical_volume": 19626.45, "trend": 3.384667, "fair_value": 3.704566, "relative_strength": -4.579325, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.000563, "energy": 30.936111, "activity_lines": [ 3.426667, 3.402545, 3.398476, 3.388043 ] }, { "date": "2025-01-31", "close": 3.28, "volume": 28408, "typical_volume": 20224.75, "trend": 3.376667, "fair_value": 3.678797, "relative_strength": -12.701325, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 10.103729, "energy": 4.079885, "activity_lines": [ 3.381333, 3.383273, 3.388, 3.38129 ] }, { "date": "2025-02-07", "close": 3.14, "volume": 16536, "typical_volume": 20838.0, "trend": 3.367333, "fair_value": 3.654053, "relative_strength": -18.33083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.181738, "energy": 40.388708, "activity_lines": [ 3.297333, 3.340364, 3.36419, 3.366022 ] }, { "date": "2025-02-14", "close": 3.2, "volume": 36030, "typical_volume": 19618.4, "trend": 3.359333, "fair_value": 3.635463, "relative_strength": -18.271981, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.717037, "energy": 51.101517, "activity_lines": [ 3.250667, 3.312727, 3.346381, 3.355226 ] }, { "date": "2025-02-21", "close": 3.2, "volume": 7513, "typical_volume": 18752.15, "trend": 3.349333, "fair_value": 3.61495, "relative_strength": -17.928628, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.578343, "energy": 57.961174, "activity_lines": [ 3.217333, 3.286545, 3.32981, 3.344946 ] }, { "date": "2025-02-28", "close": 3.36, "volume": 9980, "typical_volume": 16887.0, "trend": 3.351333, "fair_value": 3.599181, "relative_strength": -16.080921, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.55128, "energy": 48.921591, "activity_lines": [ 3.250667, 3.292, 3.329429, 3.345634 ] }, { "date": "2025-03-07", "close": 3.28, "volume": 8660, "typical_volume": 16545.8, "trend": 3.354, "fair_value": 3.581745, "relative_strength": -17.005218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.060107, "energy": 28.312574, "activity_lines": [ 3.265333, 3.283636, 3.321905, 3.341032 ] }, { "date": "2025-03-14", "close": 3.26, "volume": 14056, "typical_volume": 16241.3, "trend": 3.352667, "fair_value": 3.562258, "relative_strength": -15.443409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.854438, "energy": 22.529795, "activity_lines": [ 3.273333, 3.273818, 3.313143, 3.334968 ] }, { "date": "2025-03-21", "close": 3.26, "volume": 7706, "typical_volume": 15655.25, "trend": 3.346, "fair_value": 3.543861, "relative_strength": -17.148331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.573919, "energy": 16.063354, "activity_lines": [ 3.273333, 3.266545, 3.305333, 3.328989 ] }, { "date": "2025-03-28", "close": 3.24, "volume": 8143, "typical_volume": 15498.95, "trend": 3.340667, "fair_value": 3.524502, "relative_strength": -16.961299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.719859, "energy": 20.283452, "activity_lines": [ 3.262667, 3.258182, 3.296667, 3.322151 ] }, { "date": "2025-04-04", "close": 3.24, "volume": 970, "typical_volume": 14548.65, "trend": 3.342, "fair_value": 3.508732, "relative_strength": -10.701022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.745515, "energy": 25.14053, "activity_lines": [ 3.249333, 3.252727, 3.288762, 3.315656 ] }, { "date": "2025-04-11", "close": 3.2, "volume": 6591, "typical_volume": 14814.6, "trend": 3.339333, "fair_value": 3.491681, "relative_strength": -10.431649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.151957, "energy": 33.459871, "activity_lines": [ 3.230667, 3.244364, 3.277714, 3.306495 ] }, { "date": "2025-04-18", "close": 3.24, "volume": 2650, "typical_volume": 14377.65, "trend": 3.340667, "fair_value": 3.475015, "relative_strength": -13.31668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.117083, "energy": 28.809266, "activity_lines": [ 3.230667, 3.244727, 3.271333, 3.300086 ] }, { "date": "2025-04-25", "close": 3.24, "volume": 1253, "typical_volume": 13658.0, "trend": 3.333333, "fair_value": 3.45604, "relative_strength": -15.72623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.470479, "energy": 27.359968, "activity_lines": [ 3.232, 3.243273, 3.265619, 3.293591 ] }, { "date": "2025-05-02", "close": 3.24, "volume": 2951, "typical_volume": 13376.3, "trend": 3.328, "fair_value": 3.43822, "relative_strength": -15.824108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.885729, "energy": 24.69001, "activity_lines": [ 3.234667, 3.241091, 3.260095, 3.28757 ] }, { "date": "2025-05-09", "close": 3.22, "volume": 6636, "typical_volume": 13099.3, "trend": 3.32, "fair_value": 3.421553, "relative_strength": -16.541233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.004878, "energy": 23.4608, "activity_lines": [ 3.230667, 3.234545, 3.253143, 3.280602 ] }, { "date": "2025-05-16", "close": 3.3, "volume": 14944, "typical_volume": 13272.95, "trend": 3.316, "fair_value": 3.406168, "relative_strength": -17.175453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.220109, "energy": 12.614414, "activity_lines": [ 3.254667, 3.245091, 3.254667, 3.279312 ] }, { "date": "2025-05-23", "close": 3.26, "volume": 7237, "typical_volume": 13261.55, "trend": 3.309333, "fair_value": 3.390656, "relative_strength": -17.96313, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.552755, "energy": 11.986691, "activity_lines": [ 3.258667, 3.248, 3.252857, 3.275699 ] }, { "date": "2025-05-30", "close": 3.3, "volume": 28341, "typical_volume": 13071.3, "trend": 3.303333, "fair_value": 3.375912, "relative_strength": -16.827666, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.939851, "energy": 7.666393, "activity_lines": [ 3.274667, 3.258182, 3.255524, 3.275097 ] }, { "date": "2025-06-06", "close": 3.38, "volume": 29730, "typical_volume": 14320.1, "trend": 3.302667, "fair_value": 3.361168, "relative_strength": -14.893258, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.185287, "energy": 25.070591, "activity_lines": [ 3.313333, 3.282182, 3.266286, 3.280043 ] }, { "date": "2025-06-13", "close": 3.48, "volume": 22943, "typical_volume": 13063.9, "trend": 3.306, "fair_value": 3.347194, "relative_strength": -9.77111, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.865664, "energy": 47.328184, "activity_lines": [ 3.376, 3.321818, 3.286667, 3.291484 ] }, { "date": "2025-06-20", "close": 3.48, "volume": 6760, "typical_volume": 11981.5, "trend": 3.309333, "fair_value": 3.333348, "relative_strength": -8.915558, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.958903, "energy": 61.64671, "activity_lines": [ 3.421333, 3.357091, 3.307048, 3.30271 ] }, { "date": "2025-06-27", "close": 3.5, "volume": 15819, "typical_volume": 11945.65, "trend": 3.313333, "fair_value": 3.320784, "relative_strength": -8.577645, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.743276, "energy": 76.061978, "activity_lines": [ 3.461333, 3.390909, 3.328381, 3.315011 ] }, { "date": "2025-07-04", "close": 3.5, "volume": 6914, "typical_volume": 10489.85, "trend": 3.320667, "fair_value": 3.311361, "relative_strength": -8.160223, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.878164, "energy": 73.427129, "activity_lines": [ 3.485333, 3.42, 3.348, 3.327054 ] }, { "date": "2025-07-11", "close": 3.6, "volume": 6794, "typical_volume": 10453.9, "trend": 3.329333, "fair_value": 3.30354, "relative_strength": -5.466982, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.649565, "energy": 76.664148, "activity_lines": [ 3.529333, 3.462545, 3.375714, 3.345075 ] }, { "date": "2025-07-18", "close": 3.64, "volume": 5523, "typical_volume": 10231.05, "trend": 3.337333, "fair_value": 3.296104, "relative_strength": -3.93843, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.582665, "energy": 76.532722, "activity_lines": [ 3.572, 3.505818, 3.405333, 3.365118 ] }, { "date": "2025-07-25", "close": 3.56, "volume": 6076, "typical_volume": 10101.85, "trend": 3.342667, "fair_value": 3.288797, "relative_strength": -7.270744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.648369, "energy": 51.404637, "activity_lines": [ 3.577333, 3.526909, 3.426, 3.379484 ] }, { "date": "2025-08-01", "close": 3.5, "volume": 1633, "typical_volume": 9480.7, "trend": 3.346, "fair_value": 3.280591, "relative_strength": -7.715504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.415298, "energy": 44.803677, "activity_lines": [ 3.557333, 3.532364, 3.439619, 3.389634 ] }, { "date": "2025-08-08", "close": 3.44, "volume": 1212, "typical_volume": 9156.0, "trend": 3.347333, "fair_value": 3.272643, "relative_strength": -13.141532, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.599756, "energy": 31.228519, "activity_lines": [ 3.517333, 3.522545, 3.446381, 3.395699 ] }, { "date": "2025-08-15", "close": 3.36, "volume": 5074, "typical_volume": 9002.55, "trend": 3.346, "fair_value": 3.264053, "relative_strength": -17.187743, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.330252, "energy": 17.958762, "activity_lines": [ 3.454667, 3.495636, 3.444667, 3.396516 ] }, { "date": "2025-08-22", "close": 3.36, "volume": 587, "typical_volume": 8983.4, "trend": 3.342, "fair_value": 3.256168, "relative_strength": -17.300685, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.733421, "energy": 19.273398, "activity_lines": [ 3.408, 3.469091, 3.442381, 3.397419 ] }, { "date": "2025-08-29", "close": 3.36, "volume": 725, "typical_volume": 8690.1, "trend": 3.344667, "fair_value": 3.248476, "relative_strength": -14.290704, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.641035, "energy": 19.880655, "activity_lines": [ 3.38, 3.444727, 3.439524, 3.398581 ] }, { "date": "2025-09-05", "close": 3.28, "volume": 5482, "typical_volume": 8831.7, "trend": 3.349333, "fair_value": 3.239374, "relative_strength": -15.447048, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.719569, "energy": 27.056609, "activity_lines": [ 3.338667, 3.408, 3.428286, 3.394409 ] }, { "date": "2025-09-12", "close": 3.28, "volume": 1949, "typical_volume": 8866.5, "trend": 3.352, "fair_value": 3.234245, "relative_strength": -17.548217, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.490359, "energy": 36.204975, "activity_lines": [ 3.312, 3.375273, 3.416857, 3.389935 ] }, { "date": "2025-09-19", "close": 3.22, "volume": 12570, "typical_volume": 9347.45, "trend": 3.352667, "fair_value": 3.230143, "relative_strength": -18.434744, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.543855, "energy": 48.583569, "activity_lines": [ 3.276, 3.335636, 3.399524, 3.381419 ] }, { "date": "2025-09-26", "close": 3.2, "volume": 15801, "typical_volume": 9805.7, "trend": 3.347333, "fair_value": 3.228925, "relative_strength": -18.929008, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.707953, "energy": 51.793563, "activity_lines": [ 3.242667, 3.299273, 3.380381, 3.37157 ] }, { "date": "2025-10-03", "close": 3.06, "volume": 15619, "typical_volume": 9839.45, "trend": 3.34, "fair_value": 3.226938, "relative_strength": -23.095345, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.159177, "energy": 63.885354, "activity_lines": [ 3.173333, 3.245455, 3.348, 3.353032 ] }, { "date": "2025-10-10", "close": 3.04, "volume": 35059, "typical_volume": 11230.55, "trend": 3.332667, "fair_value": 3.225399, "relative_strength": -22.485028, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.318487, "energy": 69.215272, "activity_lines": [ 3.117333, 3.197091, 3.314857, 3.333677 ] }, { "date": "2025-10-17", "close": 3.0, "volume": 5508, "typical_volume": 10088.9, "trend": 3.324, "fair_value": 3.224438, "relative_strength": -23.567796, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.818899, "energy": 83.04501, "activity_lines": [ 3.064, 3.149818, 3.278952, 3.312215 ] }, { "date": "2025-10-24", "close": 2.98, "volume": 6069, "typical_volume": 8905.85, "trend": 3.315333, "fair_value": 3.224374, "relative_strength": -24.719385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.243735, "energy": 87.370075, "activity_lines": [ 3.022667, 3.106909, 3.242571, 3.290022 ] }, { "date": "2025-10-31", "close": 2.78, "volume": 34513, "typical_volume": 9484.35, "trend": 3.3, "fair_value": 3.221681, "relative_strength": -29.870358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.614717, "energy": 93.861089, "activity_lines": [ 2.930667, 3.034545, 3.189048, 3.255484 ] }, { "date": "2025-11-07", "close": 2.8, "volume": 14080, "typical_volume": 9850.35, "trend": 3.286667, "fair_value": 3.218476, "relative_strength": -28.121979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.824754, "energy": 90.904118, "activity_lines": [ 2.873333, 2.976364, 3.140762, 3.223226 ] }, { "date": "2025-11-14", "close": 2.8, "volume": 11886, "typical_volume": 9653.7, "trend": 3.272, "fair_value": 3.215271, "relative_strength": -29.416208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.996527, "energy": 88.902795, "activity_lines": [ 2.833333, 2.928364, 3.095714, 3.191828 ] }, { "date": "2025-11-21", "close": 2.7, "volume": 20208, "typical_volume": 10318.4, "trend": 3.254, "fair_value": 3.210463, "relative_strength": -29.011733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.05677, "energy": 88.150851, "activity_lines": [ 2.776, 2.870909, 3.044476, 3.154925 ] }, { "date": "2025-11-28", "close": 2.62, "volume": 58621, "typical_volume": 12909.75, "trend": 3.233333, "fair_value": 3.20322, "relative_strength": -32.726692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.85076, "energy": 86.149479, "activity_lines": [ 2.712, 2.809455, 2.989429, 3.114022 ] }, { "date": "2025-12-05", "close": 2.5, "volume": 15626, "typical_volume": 13414.9, "trend": 3.209333, "fair_value": 3.196809, "relative_strength": -36.400126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.390563, "energy": 87.723007, "activity_lines": [ 2.632, 2.737091, 2.927619, 3.06671 ] }, { "date": "2025-12-12", "close": 2.44, "volume": 29510, "typical_volume": 14586.6, "trend": 3.180667, "fair_value": 3.190015, "relative_strength": -37.829762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.364412, "energy": 88.290065, "activity_lines": [ 2.550667, 2.666545, 2.865524, 3.017075 ] }, { "date": "2025-12-19", "close": 2.8, "volume": 123168, "typical_volume": 20663.35, "trend": 3.165333, "fair_value": 3.185656, "relative_strength": -29.187396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.14086, "energy": 62.40629, "activity_lines": [ 2.613333, 2.672727, 2.843048, 2.992516 ] }, { "date": "2025-12-26", "close": 2.86, "volume": 24146, "typical_volume": 21810.05, "trend": 3.150667, "fair_value": 3.182707, "relative_strength": -26.899859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.009983, "energy": 46.330569, "activity_lines": [ 2.696, 2.694182, 2.829619, 2.972817 ] }, { "date": "2026-01-02", "close": 2.8, "volume": 11253, "typical_volume": 22119.0, "trend": 3.131333, "fair_value": 3.17822, "relative_strength": -28.950542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.814449, "energy": 32.941616, "activity_lines": [ 2.748, 2.707273, 2.813238, 2.950194 ] }, { "date": "2026-01-09", "close": 2.86, "volume": 3696, "typical_volume": 22274.45, "trend": 3.110667, "fair_value": 3.175079, "relative_strength": -27.277226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.522098, "energy": 28.714859, "activity_lines": [ 2.808, 2.734545, 2.805238, 2.932688 ] }, { "date": "2026-01-16", "close": 2.8, "volume": 27026, "typical_volume": 23589.5, "trend": 3.088, "fair_value": 3.171617, "relative_strength": -28.264048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.203078, "energy": 24.103445, "activity_lines": [ 2.824, 2.749455, 2.793905, 2.912645 ] }, { "date": "2026-01-23", "close": 2.68, "volume": 12099, "typical_volume": 23920.35, "trend": 3.060667, "fair_value": 3.16713, "relative_strength": -29.844068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.644258, "energy": 21.244866, "activity_lines": [ 2.776, 2.742545, 2.77381, 2.886323 ] }, { "date": "2026-01-30", "close": 2.5, "volume": 19791, "typical_volume": 24812.45, "trend": 3.027333, "fair_value": 3.161617, "relative_strength": -35.068664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.553121, "energy": 41.003617, "activity_lines": [ 2.676, 2.705091, 2.739429, 2.850151 ] }, { "date": "2026-02-06", "close": 2.56, "volume": 10146, "typical_volume": 24691.25, "trend": 2.992667, "fair_value": 3.156425, "relative_strength": -33.115589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.943571, "energy": 45.372322, "activity_lines": [ 2.62, 2.682182, 2.714476, 2.82 ] }, { "date": "2026-02-13", "close": 2.44, "volume": 12823, "typical_volume": 24542.35, "trend": 2.952667, "fair_value": 3.150527, "relative_strength": -34.631688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.466804, "energy": 64.373371, "activity_lines": [ 2.54, 2.638545, 2.681238, 2.784344 ] }, { "date": "2026-02-20", "close": 2.3, "volume": 34737, "typical_volume": 25498.25, "trend": 2.910667, "fair_value": 3.144502, "relative_strength": -39.457753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.550332, "energy": 76.819364, "activity_lines": [ 2.441333, 2.570545, 2.638286, 2.742237 ] }, { "date": "2026-02-27", "close": 2.3, "volume": 18771, "typical_volume": 24683.85, "trend": 2.870667, "fair_value": 3.139438, "relative_strength": -39.327752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.879694, "energy": 74.35972, "activity_lines": [ 2.376, 2.505091, 2.598952, 2.702839 ] }, { "date": "2026-03-06", "close": 2.16, "volume": 32475, "typical_volume": 26032.2, "trend": 2.828, "fair_value": 3.133797, "relative_strength": -38.030088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.67442, "energy": 78.766505, "activity_lines": [ 2.289333, 2.423273, 2.54981, 2.656989 ] }, { "date": "2026-03-13", "close": 2.24, "volume": 14933, "typical_volume": 26475.4, "trend": 2.790667, "fair_value": 3.129886, "relative_strength": -34.946536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.366504, "energy": 71.740413, "activity_lines": [ 2.252, 2.368727, 2.512286, 2.619054 ] }, { "date": "2026-03-20", "close": 2.3, "volume": 7777, "typical_volume": 25138.6, "trend": 2.755333, "fair_value": 3.127194, "relative_strength": -31.124667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.538199, "energy": 63.477041, "activity_lines": [ 2.256, 2.335273, 2.484, 2.587398 ] }, { "date": "2026-03-27", "close": 1.94, "volume": 86137, "typical_volume": 28741.45, "trend": 2.708, "fair_value": 3.122579, "relative_strength": -41.490399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.84553, "energy": 73.528578, "activity_lines": [ 2.149333, 2.246545, 2.423714, 2.534796 ] }, { "date": "2026-04-03", "close": 1.46, "volume": 168442, "typical_volume": 36569.25, "trend": 2.647333, "fair_value": 3.115591, "relative_strength": -57.114124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.991746, "energy": 89.215083, "activity_lines": [ 1.906667, 2.086182, 2.32181, 2.45428 ] }, { "date": "2026-04-10", "close": 1.36, "volume": 26352, "typical_volume": 36876.45, "trend": 2.583333, "fair_value": 3.103412, "relative_strength": -60.751399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.512585, "energy": 94.792945, "activity_lines": [ 1.686667, 1.929818, 2.216762, 2.371226 ] }, { "date": "2026-04-17", "close": 1.31, "volume": 63223, "typical_volume": 37106.55, "trend": 2.519667, "fair_value": 3.092771, "relative_strength": -62.078027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.723121, "energy": 94.140012, "activity_lines": [ 1.503333, 1.785091, 2.113333, 2.289075 ] }, { "date": "2026-04-24", "close": 1.32, "volume": 64473, "typical_volume": 39548.9, "trend": 2.457, "fair_value": 3.084694, "relative_strength": -59.373027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.587206, "energy": 90.714182, "activity_lines": [ 1.385333, 1.664909, 2.017095, 2.211677 ] }, { "date": "2026-05-01", "close": 0.99, "volume": 127226, "typical_volume": 44434.7, "trend": 2.388, "fair_value": 3.073476, "relative_strength": -69.083693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.689342, "energy": 94.936077, "activity_lines": [ 1.222667, 1.505091, 1.895048, 2.117032 ] }, { "date": "2026-05-08", "close": 0.71, "volume": 147054, "typical_volume": 45629.0, "trend": 2.310333, "fair_value": 3.060976, "relative_strength": -77.486334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.37219, "energy": 95.539365, "activity_lines": [ 1.03, 1.318182, 1.753238, 2.008774 ] }, { "date": "2026-05-15", "close": 0.77, "volume": 123052, "typical_volume": 50574.3, "trend": 2.236, "fair_value": 3.048284, "relative_strength": -74.687002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.001891, "energy": 88.602124, "activity_lines": [ 0.907333, 1.171091, 1.627095, 1.909398 ] }, { "date": "2026-05-22", "close": 0.83, "volume": 42890, "typical_volume": 52156.15, "trend": 2.164333, "fair_value": 3.035912, "relative_strength": -72.702063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.007159, "energy": 83.00827, "activity_lines": [ 0.844, 1.060182, 1.516619, 1.818688 ] }, { "date": "2026-05-29", "close": 0.915, "volume": 132140, "typical_volume": 58578.35, "trend": 2.102167, "fair_value": 3.024277, "relative_strength": -69.897466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.172226, "energy": 70.333262, "activity_lines": [ 0.841, 0.990364, 1.423619, 1.738086 ] }, { "date": "2026-06-05", "close": 0.95, "volume": 33, "typical_volume": 57228.7, "trend": 2.0405, "fair_value": 3.012482, "relative_strength": -68.026476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.247609, "energy": 66.051073, "activity_lines": [ 0.876667, 0.952091, 1.343214, 1.663753 ] }, { "date": "2026-06-12", "close": 0.91, "volume": 13618, "typical_volume": 57304.65, "trend": 1.9775, "fair_value": 3.000624, "relative_strength": -69.322854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.606153, "energy": 62.548495, "activity_lines": [ 0.901667, 0.924545, 1.26781, 1.590817 ] }, { "date": "2026-06-19", "close": 0.8, "volume": 13667, "typical_volume": 56998.45, "trend": 1.914167, "fair_value": 2.987482, "relative_strength": -73.15834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.351058, "energy": 63.33206, "activity_lines": [ 0.876667, 0.887, 1.190357, 1.514849 ] }, { "date": "2026-06-26", "close": 0.83, "volume": 534, "typical_volume": 56517.85, "trend": 1.8545, "fair_value": 2.974726, "relative_strength": -71.524687, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.57446, "energy": 62.589515, "activity_lines": [ 0.859667, 0.865091, 1.123857, 1.444903 ] }, { "date": "2026-07-03", "close": 0.79, "volume": 25186, "typical_volume": 57136.0, "trend": 1.7975, "fair_value": 2.962482, "relative_strength": -72.744112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.143439, "energy": 73.410708, "activity_lines": [ 0.829333, 0.844636, 1.061786, 1.376226 ] }, { "date": "2026-07-10", "close": 0.75, "volume": 72515, "typical_volume": 59024.9, "trend": 1.741167, "fair_value": 2.9462, "relative_strength": -72.715361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.327899, "energy": 81.549547, "activity_lines": [ 0.794, 0.826545, 1.003762, 1.308645 ] }, { "date": "2026-07-17", "close": 0.82, "volume": 19997, "typical_volume": 59086.2, "trend": 1.675167, "fair_value": 2.931777, "relative_strength": -68.993588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.147461, "energy": 71.668278, "activity_lines": [ 0.795333, 0.825545, 0.959786, 1.249215 ] }, { "date": "2026-07-24", "close": 0.92, "volume": 379266, "typical_volume": 76425.75, "trend": 1.6105, "fair_value": 2.918444, "relative_strength": -64.869954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.429032, "energy": 60.433636, "activity_lines": [ 0.836, 0.840727, 0.932381, 1.200495 ] }, { "date": "2026-07-31", "close": 0.86, "volume": 207575, "typical_volume": 86057.85, "trend": 1.545833, "fair_value": 2.903444, "relative_strength": -66.504783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.21878, "energy": 55.044608, "activity_lines": [ 0.848667, 0.842273, 0.905167, 1.152075 ] }, { "date": "2026-08-07", "close": 0.88, "volume": 123017, "typical_volume": 91819.85, "trend": 1.479833, "fair_value": 2.888893, "relative_strength": -65.428375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.383503, "energy": 48.45667, "activity_lines": [ 0.866, 0.846909, 0.886429, 1.109118 ] } ], "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." } } }