{ "ticker": { "uuid": "d680708f-e674-403e-8f00-9900e284c353", "symbol": "TEAD", "name": "Teads B.V.", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 79.41, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -28.859, "architecture_energy": 44.638, "architecture_maturity": 17.331, "architecture_confidence": 85.525, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 34.08, "rotation_up": 14.7, "upward_expansion": 22.2, "deceleration": 52.75, "rotation_down": 70.72, "downward_expansion": 54.2 }, "activity_lines": [ 0.734453, 0.836951, 0.922603, 0.897158 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 0.6901, "trend_reference": 0.853697, "distance_from_trend": -0.191633, "trend_direction": "Improving", "fair_value": 3.307394, "distance_from_fair_value": -0.791346, "fair_value_direction": "Weakening", "relative_strength": -40.898885, "relative_strength_direction": "Weakening", "price_momentum": 0.059736, "excess_performance": -0.127718, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.191633, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.100725, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.791346, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.082154, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.408989, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.015124, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.059736, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.46237, "read": "Supply-led" } ], "volume": { "latest": 1156128, "relative_activity": 0.782625, "balance": 0.46237, "dry_up": 0.452445, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.335018, "annualized_volatility": 0.758522, "from_high_reference": -0.653216, "from_low_reference": 0.298157 }, "levels": { "trend_reference": 0.853697, "fair_value_reference": 3.307394, "structural_low": 0.57, "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": 5, "median_return": 0.14467, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.094143, "regime_survival": 0.2, "best_return": 0.242744, "worst_return": -0.170854, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.148071, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.00375, "regime_survival": 0.0, "best_return": 0.527704, "worst_return": -0.389447, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.042216, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.190029, "regime_survival": 0.333333, "best_return": 0.239669, "worst_return": -0.184091, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.238151, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.571445, "regime_survival": 0.0, "best_return": 0.187335, "worst_return": -0.663636, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-09-27", "tenure": "Established", "return": 0.029106, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": -0.071274, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-11-08", "tenure": "New", "return": 0.136364, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-11-29", "tenure": "New", "return": 0.077381, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-31", "tenure": "Developing", "return": -0.029079, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.428369, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.180905, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2026-03-06", "tenure": "Extended", "return": -0.74697, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.164767, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.030664, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": 0.280039, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-05-22", "tenure": "New", "return": 0.157895, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-07-31", "tenure": "Developing", "return": -0.384261, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.3, "volume": 477813, "typical_volume": 634798.15, "trend": 4.687333, "fair_value": 8.390321, "relative_strength": 4.312163, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.124692, "energy": 55.675926, "activity_lines": [ 5.416667, 5.300182, 5.011857, 4.821269 ] }, { "date": "2023-08-25", "close": 5.7, "volume": 535739, "typical_volume": 643952.15, "trend": 4.712, "fair_value": 8.365864, "relative_strength": 10.354938, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.701868, "energy": 63.346934, "activity_lines": [ 5.53, 5.393636, 5.102952, 4.886602 ] }, { "date": "2023-09-01", "close": 5.92, "volume": 564917, "typical_volume": 652469.45, "trend": 4.736333, "fair_value": 8.343829, "relative_strength": 10.339591, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.346897, "energy": 72.102371, "activity_lines": [ 5.681333, 5.511818, 5.20881, 4.964538 ] }, { "date": "2023-09-08", "close": 5.24, "volume": 847017, "typical_volume": 683405.45, "trend": 4.748333, "fair_value": 8.316116, "relative_strength": -1.033695, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.285483, "energy": 42.807318, "activity_lines": [ 5.558, 5.488727, 5.242333, 4.997032 ] }, { "date": "2023-09-15", "close": 4.99, "volume": 645862, "typical_volume": 694488.05, "trend": 4.748, "fair_value": 8.286681, "relative_strength": -5.41946, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.182651, "energy": 28.37993, "activity_lines": [ 5.358, 5.414364, 5.246952, 5.012624 ] }, { "date": "2023-09-22", "close": 5.01, "volume": 457699, "typical_volume": 692848.45, "trend": 4.767, "fair_value": 8.257939, "relative_strength": -1.843127, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.325999, "energy": 17.094375, "activity_lines": [ 5.218, 5.342182, 5.247952, 5.029527 ] }, { "date": "2023-09-29", "close": 4.87, "volume": 405699, "typical_volume": 678869.5, "trend": 4.767, "fair_value": 8.228478, "relative_strength": -4.661709, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.605798, "energy": 19.177997, "activity_lines": [ 5.050667, 5.252, 5.229429, 5.036172 ] }, { "date": "2023-10-06", "close": 5.0, "volume": 444415, "typical_volume": 661040.9, "trend": 4.793667, "fair_value": 8.200647, "relative_strength": -3.650145, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.941095, "energy": 18.725561, "activity_lines": [ 4.982, 5.190909, 5.218143, 5.051204 ] }, { "date": "2023-10-13", "close": 4.68, "volume": 371236, "typical_volume": 636514.85, "trend": 4.812333, "fair_value": 8.170556, "relative_strength": -9.67597, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.159372, "energy": 20.351301, "activity_lines": [ 4.868, 5.075273, 5.173667, 5.043871 ] }, { "date": "2023-10-20", "close": 4.62, "volume": 465124, "typical_volume": 631029.15, "trend": 4.834333, "fair_value": 8.140466, "relative_strength": -7.885509, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.539551, "energy": 34.103902, "activity_lines": [ 4.771333, 4.960727, 5.123429, 5.031462 ] }, { "date": "2023-10-27", "close": 4.3, "volume": 511265, "typical_volume": 627266.9, "trend": 4.84, "fair_value": 8.108193, "relative_strength": -11.60991, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.874166, "energy": 51.943675, "activity_lines": [ 4.592667, 4.809273, 5.044381, 4.996989 ] }, { "date": "2023-11-03", "close": 4.0, "volume": 439090, "typical_volume": 611167.35, "trend": 4.826667, "fair_value": 8.073958, "relative_strength": -22.422866, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.635905, "energy": 64.669558, "activity_lines": [ 4.361333, 4.621455, 4.938714, 4.942796 ] }, { "date": "2023-11-10", "close": 3.63, "volume": 770548, "typical_volume": 600930.7, "trend": 4.803333, "fair_value": 8.037231, "relative_strength": -31.018135, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.374607, "energy": 73.828082, "activity_lines": [ 4.064667, 4.397273, 4.801905, 4.865591 ] }, { "date": "2023-11-17", "close": 3.84, "volume": 881972, "typical_volume": 622541.75, "trend": 4.792333, "fair_value": 8.002828, "relative_strength": -28.028113, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.657287, "energy": 71.883361, "activity_lines": [ 3.929333, 4.252909, 4.691381, 4.803441 ] }, { "date": "2023-11-24", "close": 3.94, "volume": 381366, "typical_volume": 602717.7, "trend": 4.796, "fair_value": 7.969797, "relative_strength": -26.395776, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.220104, "energy": 79.784538, "activity_lines": [ 3.883333, 4.152182, 4.595524, 4.748452 ] }, { "date": "2023-12-01", "close": 3.96, "volume": 551397, "typical_volume": 609212.7, "trend": 4.804333, "fair_value": 7.93746, "relative_strength": -25.782352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.046881, "energy": 74.377811, "activity_lines": [ 3.889333, 4.074182, 4.50619, 4.694516 ] }, { "date": "2023-12-08", "close": 4.07, "volume": 595064, "typical_volume": 607784.7, "trend": 4.813667, "fair_value": 7.90652, "relative_strength": -23.966527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.302636, "energy": 50.320349, "activity_lines": [ 3.954667, 4.035273, 4.434286, 4.64714 ] }, { "date": "2023-12-15", "close": 4.34, "volume": 720289, "typical_volume": 615449.95, "trend": 4.810667, "fair_value": 7.878214, "relative_strength": -21.127075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.597313, "energy": 35.643967, "activity_lines": [ 4.105333, 4.06, 4.393333, 4.616581 ] }, { "date": "2023-12-22", "close": 4.51, "volume": 618962, "typical_volume": 584477.4, "trend": 4.805333, "fair_value": 7.851693, "relative_strength": -18.533156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.224573, "energy": 23.221107, "activity_lines": [ 4.265333, 4.127636, 4.372667, 4.597183 ] }, { "date": "2023-12-29", "close": 4.38, "volume": 332228, "typical_volume": 550885.1, "trend": 4.785667, "fair_value": 7.82457, "relative_strength": -20.806954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.33097, "energy": 23.846651, "activity_lines": [ 4.337333, 4.174727, 4.343571, 4.569742 ] }, { "date": "2024-01-05", "close": 4.25, "volume": 603394, "typical_volume": 557164.15, "trend": 4.770333, "fair_value": 7.79686, "relative_strength": -20.185907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.393798, "energy": 22.813821, "activity_lines": [ 4.336667, 4.202545, 4.30881, 4.535183 ] }, { "date": "2024-01-12", "close": 4.07, "volume": 515237, "typical_volume": 556139.05, "trend": 4.744, "fair_value": 7.768192, "relative_strength": -25.371768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.045836, "energy": 20.90899, "activity_lines": [ 4.256667, 4.198545, 4.261905, 4.49 ] }, { "date": "2024-01-19", "close": 3.99, "volume": 366008, "typical_volume": 546193.6, "trend": 4.712, "fair_value": 7.739351, "relative_strength": -28.225606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.009093, "energy": 32.480512, "activity_lines": [ 4.15, 4.178727, 4.215143, 4.441355 ] }, { "date": "2024-01-26", "close": 4.0, "volume": 841220, "typical_volume": 545903.75, "trend": 4.681333, "fair_value": 7.711023, "relative_strength": -27.71079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.540239, "energy": 36.359501, "activity_lines": [ 4.07, 4.154182, 4.178524, 4.395419 ] }, { "date": "2024-02-02", "close": 4.07, "volume": 533587, "typical_volume": 540290.0, "trend": 4.653333, "fair_value": 7.683647, "relative_strength": -26.516764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.050296, "energy": 36.313543, "activity_lines": [ 4.047333, 4.139455, 4.154476, 4.355978 ] }, { "date": "2024-02-09", "close": 4.48, "volume": 429628, "typical_volume": 538886.45, "trend": 4.622, "fair_value": 7.659739, "relative_strength": -19.868817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.505089, "energy": 19.33493, "activity_lines": [ 4.182, 4.196909, 4.173857, 4.344796 ] }, { "date": "2024-02-16", "close": 4.37, "volume": 532015, "typical_volume": 545202.25, "trend": 4.595333, "fair_value": 7.63537, "relative_strength": -19.868814, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.198178, "energy": 9.539322, "activity_lines": [ 4.264667, 4.224909, 4.185286, 4.328538 ] }, { "date": "2024-02-23", "close": 4.13, "volume": 237193, "typical_volume": 534841.15, "trend": 4.559667, "fair_value": 7.609596, "relative_strength": -24.675833, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.440099, "energy": 12.462526, "activity_lines": [ 4.247333, 4.203818, 4.176238, 4.298516 ] }, { "date": "2024-03-01", "close": 3.47, "volume": 739561, "typical_volume": 553257.4, "trend": 4.497333, "fair_value": 7.57938, "relative_strength": -37.141366, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.365438, "energy": 33.048209, "activity_lines": [ 4.000667, 4.066545, 4.108476, 4.228215 ] }, { "date": "2024-03-08", "close": 3.86, "volume": 2100469, "typical_volume": 635024.65, "trend": 4.433, "fair_value": 7.552428, "relative_strength": -28.375004, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.821649, "energy": 40.498534, "activity_lines": [ 3.919333, 4.019091, 4.083619, 4.187097 ] }, { "date": "2024-03-15", "close": 3.69, "volume": 1480073, "typical_volume": 683465.05, "trend": 4.379333, "fair_value": 7.52464, "relative_strength": -30.168815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.814906, "energy": 55.333517, "activity_lines": [ 3.795333, 3.950182, 4.04619, 4.139161 ] }, { "date": "2024-03-22", "close": 3.69, "volume": 394919, "typical_volume": 681256.5, "trend": 4.312333, "fair_value": 7.49725, "relative_strength": -31.716266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.575504, "energy": 60.814747, "activity_lines": [ 3.724, 3.891455, 4.011667, 4.094688 ] }, { "date": "2024-03-29", "close": 3.95, "volume": 291299, "typical_volume": 657294.05, "trend": 4.246667, "fair_value": 7.472092, "relative_strength": -26.03796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.635727, "energy": 39.049883, "activity_lines": [ 3.784667, 3.886909, 4.003381, 4.071312 ] }, { "date": "2024-04-05", "close": 4.16, "volume": 700516, "typical_volume": 648221.25, "trend": 4.210667, "fair_value": 7.448768, "relative_strength": -20.913036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.661786, "energy": 18.785292, "activity_lines": [ 3.927333, 3.921273, 4.013571, 4.06572 ] }, { "date": "2024-04-12", "close": 4.09, "volume": 572590, "typical_volume": 657782.45, "trend": 4.180667, "fair_value": 7.42528, "relative_strength": -21.30217, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.573637, "energy": 13.682239, "activity_lines": [ 4.000667, 3.94, 4.015571, 4.057935 ] }, { "date": "2024-04-19", "close": 4.09, "volume": 541142, "typical_volume": 657269.7, "trend": 4.15, "fair_value": 7.402118, "relative_strength": -16.358765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.067595, "energy": 15.857596, "activity_lines": [ 4.058667, 3.958364, 4.016857, 4.052086 ] }, { "date": "2024-04-26", "close": 4.18, "volume": 394752, "typical_volume": 647254.1, "trend": 4.127, "fair_value": 7.379897, "relative_strength": -17.457538, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.895299, "energy": 15.634853, "activity_lines": [ 4.12, 4.000182, 4.026095, 4.054022 ] }, { "date": "2024-05-03", "close": 4.41, "volume": 767491, "typical_volume": 649614.2, "trend": 4.107333, "fair_value": 7.359555, "relative_strength": -13.608018, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.519897, "energy": 23.883698, "activity_lines": [ 4.225333, 4.087273, 4.056714, 4.07228 ] }, { "date": "2024-05-10", "close": 4.5, "volume": 1005415, "typical_volume": 668936.85, "trend": 4.101333, "fair_value": 7.340102, "relative_strength": -12.934469, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.959375, "energy": 39.121394, "activity_lines": [ 4.33, 4.185636, 4.095571, 4.097613 ] }, { "date": "2024-05-17", "close": 4.84, "volume": 916016, "typical_volume": 698126.25, "trend": 4.108667, "fair_value": 7.323209, "relative_strength": -7.982643, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 78.3417, "energy": 70.460672, "activity_lines": [ 4.525333, 4.327091, 4.166857, 4.145269 ] }, { "date": "2024-05-24", "close": 4.81, "volume": 738412, "typical_volume": 704877.15, "trend": 4.125667, "fair_value": 7.306342, "relative_strength": -9.341321, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.358314, "energy": 74.540915, "activity_lines": [ 4.660667, 4.445273, 4.233095, 4.190516 ] }, { "date": "2024-05-31", "close": 4.59, "volume": 568739, "typical_volume": 707552.25, "trend": 4.145333, "fair_value": 7.288233, "relative_strength": -11.521992, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.644812, "energy": 71.602231, "activity_lines": [ 4.674667, 4.503091, 4.275714, 4.220473 ] }, { "date": "2024-06-07", "close": 4.56, "volume": 677224, "typical_volume": 723113.05, "trend": 4.176333, "fair_value": 7.270166, "relative_strength": -13.91912, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.825484, "energy": 67.961888, "activity_lines": [ 4.651333, 4.539091, 4.313, 4.247226 ] }, { "date": "2024-06-14", "close": 4.58, "volume": 505767, "typical_volume": 706340.4, "trend": 4.201, "fair_value": 7.252467, "relative_strength": -15.941626, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.409452, "energy": 52.894611, "activity_lines": [ 4.624667, 4.567636, 4.349476, 4.273269 ] }, { "date": "2024-06-21", "close": 4.68, "volume": 633533, "typical_volume": 711337.7, "trend": 4.225667, "fair_value": 7.235654, "relative_strength": -13.702557, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.453884, "energy": 40.266883, "activity_lines": [ 4.626, 4.606727, 4.392714, 4.304172 ] }, { "date": "2024-06-28", "close": 4.98, "volume": 1033218, "typical_volume": 741517.2, "trend": 4.259667, "fair_value": 7.221006, "relative_strength": -7.639694, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.894387, "energy": 53.594713, "activity_lines": [ 4.738, 4.689636, 4.461619, 4.352839 ] }, { "date": "2024-07-05", "close": 4.67, "volume": 460114, "typical_volume": 737922.15, "trend": 4.279667, "fair_value": 7.204548, "relative_strength": -15.777166, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.514933, "energy": 43.100633, "activity_lines": [ 4.735333, 4.7, 4.498619, 4.379312 ] }, { "date": "2024-07-12", "close": 4.8, "volume": 490226, "typical_volume": 750573.8, "trend": 4.295, "fair_value": 7.189135, "relative_strength": -12.491006, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.300149, "energy": 52.0613, "activity_lines": [ 4.770667, 4.725091, 4.546571, 4.412882 ] }, { "date": "2024-07-19", "close": 4.66, "volume": 606125, "typical_volume": 743902.0, "trend": 4.3, "fair_value": 7.090801, "relative_strength": -10.916763, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.292867, "energy": 40.978805, "activity_lines": [ 4.743333, 4.717636, 4.578, 4.43643 ] }, { "date": "2024-07-26", "close": 4.95, "volume": 489374, "typical_volume": 663347.25, "trend": 4.319, "fair_value": 6.996763, "relative_strength": -2.359836, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.77614, "energy": 42.372555, "activity_lines": [ 4.807333, 4.76, 4.631381, 4.478366 ] }, { "date": "2024-08-02", "close": 4.91, "volume": 1297373, "typical_volume": 654212.25, "trend": 4.341, "fair_value": 6.90375, "relative_strength": 0.540074, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.057175, "energy": 42.014628, "activity_lines": [ 4.84, 4.793091, 4.675762, 4.516495 ] }, { "date": "2024-08-09", "close": 4.66, "volume": 1083488, "typical_volume": 688640.7, "trend": 4.360667, "fair_value": 6.807019, "relative_strength": -3.985326, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.745529, "energy": 32.376131, "activity_lines": [ 4.794, 4.778909, 4.690524, 4.537075 ] }, { "date": "2024-08-16", "close": 4.86, "volume": 792385, "typical_volume": 713695.0, "trend": 4.389667, "fair_value": 6.731891, "relative_strength": -4.256366, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.120499, "energy": 36.070234, "activity_lines": [ 4.815333, 4.799818, 4.719714, 4.56929 ] }, { "date": "2024-08-23", "close": 5.23, "volume": 414933, "typical_volume": 699415.85, "trend": 4.430667, "fair_value": 6.656442, "relative_strength": 2.867636, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.423787, "energy": 45.808533, "activity_lines": [ 4.956, 4.882545, 4.77981, 4.623505 ] }, { "date": "2024-08-30", "close": 5.1, "volume": 361548, "typical_volume": 688863.75, "trend": 4.465, "fair_value": 6.574199, "relative_strength": 2.037094, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.170221, "energy": 43.6565, "activity_lines": [ 5.015333, 4.929818, 4.822429, 4.666688 ] }, { "date": "2024-09-06", "close": 4.8, "volume": 246361, "typical_volume": 674124.7, "trend": 4.475667, "fair_value": 6.497917, "relative_strength": 2.589046, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.206457, "energy": 39.39765, "activity_lines": [ 4.964667, 4.914909, 4.831667, 4.688301 ] }, { "date": "2024-09-13", "close": 4.77, "volume": 408382, "typical_volume": 674806.2, "trend": 4.489, "fair_value": 6.429391, "relative_strength": -3.13999, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.747346, "energy": 32.011757, "activity_lines": [ 4.911333, 4.897818, 4.834667, 4.70729 ] }, { "date": "2024-09-20", "close": 4.58, "volume": 904488, "typical_volume": 681656.05, "trend": 4.504, "fair_value": 6.354391, "relative_strength": -7.581036, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.67003, "energy": 12.839742, "activity_lines": [ 4.787333, 4.844364, 4.816762, 4.713161 ] }, { "date": "2024-09-27", "close": 4.95, "volume": 419729, "typical_volume": 652371.75, "trend": 4.553333, "fair_value": 6.285096, "relative_strength": -0.483587, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.618929, "energy": 19.104531, "activity_lines": [ 4.805333, 4.862182, 4.833286, 4.741935 ] }, { "date": "2024-10-04", "close": 4.63, "volume": 212639, "typical_volume": 617202.9, "trend": 4.579, "fair_value": 6.21266, "relative_strength": -6.266851, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.337925, "energy": 10.450025, "activity_lines": [ 4.735333, 4.816545, 4.81719, 4.746882 ] }, { "date": "2024-10-11", "close": 4.64, "volume": 234310, "typical_volume": 591997.8, "trend": 4.610667, "fair_value": 6.140032, "relative_strength": -6.595078, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.70502, "energy": 11.008662, "activity_lines": [ 4.7, 4.778545, 4.803048, 4.750817 ] }, { "date": "2024-10-18", "close": 4.57, "volume": 287822, "typical_volume": 577951.95, "trend": 4.64, "fair_value": 6.063494, "relative_strength": -7.526197, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.622791, "energy": 9.128579, "activity_lines": [ 4.652, 4.732727, 4.783048, 4.748194 ] }, { "date": "2024-10-25", "close": 4.3, "volume": 328949, "typical_volume": 560538.2, "trend": 4.651667, "fair_value": 5.982468, "relative_strength": -12.489569, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.854393, "energy": 38.292515, "activity_lines": [ 4.527333, 4.639455, 4.737429, 4.726258 ] }, { "date": "2024-11-01", "close": 4.4, "volume": 421991, "typical_volume": 556349.4, "trend": 4.659667, "fair_value": 5.905417, "relative_strength": -8.664017, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.441055, "energy": 48.23982, "activity_lines": [ 4.454667, 4.574545, 4.702571, 4.710022 ] }, { "date": "2024-11-08", "close": 5.0, "volume": 588744, "typical_volume": 554109.95, "trend": 4.69, "fair_value": 5.832853, "relative_strength": -1.613771, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.359776, "energy": 13.177102, "activity_lines": [ 4.618667, 4.633818, 4.725714, 4.731978 ] }, { "date": "2024-11-15", "close": 5.04, "volume": 870081, "typical_volume": 545953.1, "trend": 4.721667, "fair_value": 5.766314, "relative_strength": 2.655505, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.947339, "energy": 7.461857, "activity_lines": [ 4.771333, 4.702182, 4.751143, 4.754559 ] }, { "date": "2024-11-22", "close": 5.05, "volume": 680608, "typical_volume": 556977.8, "trend": 4.750667, "fair_value": 5.702468, "relative_strength": 1.023505, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.423556, "energy": 30.919944, "activity_lines": [ 4.900667, 4.768, 4.777238, 4.775742 ] }, { "date": "2024-11-29", "close": 5.43, "volume": 674468, "typical_volume": 566189.9, "trend": 4.784667, "fair_value": 5.644455, "relative_strength": 7.693938, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.628553, "energy": 56.041903, "activity_lines": [ 5.124667, 4.897818, 4.837714, 4.81957 ] }, { "date": "2024-12-06", "close": 6.19, "volume": 1700675, "typical_volume": 620917.4, "trend": 4.841, "fair_value": 5.593173, "relative_strength": 18.562079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.484002, "energy": 84.50186, "activity_lines": [ 5.526667, 5.150364, 4.967571, 4.910237 ] }, { "date": "2024-12-13", "close": 6.53, "volume": 1278329, "typical_volume": 660365.15, "trend": 4.897333, "fair_value": 5.545545, "relative_strength": 23.752852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.381637, "energy": 91.828893, "activity_lines": [ 5.922667, 5.442182, 5.122524, 5.019204 ] }, { "date": "2024-12-20", "close": 7.35, "volume": 3368293, "typical_volume": 763911.15, "trend": 4.982, "fair_value": 5.501442, "relative_strength": 41.639044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.50264, "energy": 97.117478, "activity_lines": [ 6.49, 5.848545, 5.348048, 5.177441 ] }, { "date": "2024-12-27", "close": 7.275, "volume": 959407, "typical_volume": 757707.1, "trend": 5.0715, "fair_value": 5.458333, "relative_strength": 38.087502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.399906, "energy": 94.439689, "activity_lines": [ 6.878333, 6.192, 5.55481, 5.325376 ] }, { "date": "2025-01-03", "close": 7.16, "volume": 1356715, "typical_volume": 785923.6, "trend": 5.158167, "fair_value": 5.411154, "relative_strength": 36.160404, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.060323, "energy": 89.966187, "activity_lines": [ 7.08, 6.465364, 5.738167, 5.460118 ] }, { "date": "2025-01-10", "close": 6.2, "volume": 1263367, "typical_volume": 828345.3, "trend": 5.212167, "fair_value": 5.357308, "relative_strength": 20.044852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.162906, "energy": 72.481036, "activity_lines": [ 6.846333, 6.512182, 5.819143, 5.527333 ] }, { "date": "2025-01-17", "close": 6.47, "volume": 1348149, "typical_volume": 877675.35, "trend": 5.271833, "fair_value": 5.315545, "relative_strength": 21.122302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.973503, "energy": 54.378764, "activity_lines": [ 6.702, 6.575364, 5.921214, 5.608484 ] }, { "date": "2025-01-24", "close": 6.34, "volume": 603698, "typical_volume": 895542.2, "trend": 5.317167, "fair_value": 5.279263, "relative_strength": 16.379144, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.738199, "energy": 37.9331, "activity_lines": [ 6.518333, 6.588182, 6.004381, 5.677398 ] }, { "date": "2025-01-31", "close": 6.01, "volume": 855094, "typical_volume": 917877.8, "trend": 5.361833, "fair_value": 5.233558, "relative_strength": 11.46271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.38553, "energy": 25.92249, "activity_lines": [ 6.292, 6.517364, 6.048786, 5.722097 ] }, { "date": "2025-02-07", "close": 7.05, "volume": 2570503, "typical_volume": 1001178.55, "trend": 5.436833, "fair_value": 5.196186, "relative_strength": 29.826448, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.016883, "energy": 32.737332, "activity_lines": [ 6.496667, 6.618182, 6.186333, 5.831011 ] }, { "date": "2025-02-14", "close": 6.74, "volume": 1582196, "typical_volume": 1059301.9, "trend": 5.506167, "fair_value": 5.162981, "relative_strength": 20.090346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.009782, "energy": 30.661757, "activity_lines": [ 6.605333, 6.633182, 6.282595, 5.915086 ] }, { "date": "2025-02-21", "close": 6.07, "volume": 1557515, "typical_volume": 1126545.7, "trend": 5.5435, "fair_value": 5.113237, "relative_strength": 10.222073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.777186, "energy": 23.73214, "activity_lines": [ 6.454667, 6.516364, 6.306524, 5.951462 ] }, { "date": "2025-02-28", "close": 4.955, "volume": 2891631, "typical_volume": 1259411.75, "trend": 5.545, "fair_value": 5.076859, "relative_strength": -7.180504, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.47513, "energy": 6.273248, "activity_lines": [ 5.959, 6.205182, 6.217405, 5.913495 ] }, { "date": "2025-03-07", "close": 4.33, "volume": 2934443, "typical_volume": 1391742.8, "trend": 5.534, "fair_value": 5.034038, "relative_strength": -16.180616, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.064493, "energy": 35.005689, "activity_lines": [ 5.347333, 5.823909, 6.067262, 5.835108 ] }, { "date": "2025-03-14", "close": 4.03, "volume": 2866005, "typical_volume": 1518595.6, "trend": 5.506333, "fair_value": 4.988205, "relative_strength": -19.9928, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.047928, "energy": 59.860973, "activity_lines": [ 4.747667, 5.441636, 5.88969, 5.738075 ] }, { "date": "2025-03-21", "close": 3.98, "volume": 2093943, "typical_volume": 1602193.2, "trend": 5.464667, "fair_value": 4.943974, "relative_strength": -21.175389, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.210228, "energy": 71.363841, "activity_lines": [ 4.332667, 5.107182, 5.708643, 5.639602 ] }, { "date": "2025-03-28", "close": 3.8, "volume": 1359587, "typical_volume": 1640735.35, "trend": 5.421333, "fair_value": 4.898333, "relative_strength": -22.823382, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.426452, "energy": 76.536721, "activity_lines": [ 4.041667, 4.780364, 5.512452, 5.532204 ] }, { "date": "2025-04-04", "close": 3.34, "volume": 2520463, "typical_volume": 1723254.45, "trend": 5.372667, "fair_value": 4.852756, "relative_strength": -24.518802, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.797028, "energy": 78.647649, "activity_lines": [ 3.748667, 4.418455, 5.278167, 5.397925 ] }, { "date": "2025-04-11", "close": 3.26, "volume": 2397049, "typical_volume": 1809076.5, "trend": 5.322333, "fair_value": 4.809038, "relative_strength": -31.191306, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.863607, "energy": 88.102807, "activity_lines": [ 3.536667, 4.096545, 5.044357, 5.261624 ] }, { "date": "2025-04-18", "close": 3.3, "volume": 1410749, "typical_volume": 1845890.55, "trend": 5.279667, "fair_value": 4.766474, "relative_strength": -28.402362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.929646, "energy": 84.149744, "activity_lines": [ 3.409333, 3.831909, 4.822881, 5.131151 ] }, { "date": "2025-04-25", "close": 3.83, "volume": 2020478, "typical_volume": 1861880.7, "trend": 5.242333, "fair_value": 4.733333, "relative_strength": -21.668001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.876456, "energy": 62.543433, "activity_lines": [ 3.507333, 3.731818, 4.662024, 5.037624 ] }, { "date": "2025-05-02", "close": 3.59, "volume": 1709030, "typical_volume": 1883415.75, "trend": 5.207667, "fair_value": 4.699231, "relative_strength": -28.643108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.95891, "energy": 54.880678, "activity_lines": [ 3.535333, 3.641, 4.489548, 4.931022 ] }, { "date": "2025-05-09", "close": 3.455, "volume": 1845439, "typical_volume": 1807273.05, "trend": 5.168167, "fair_value": 4.682596, "relative_strength": -30.796659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.907516, "energy": 54.635755, "activity_lines": [ 3.532333, 3.570727, 4.318214, 4.817946 ] }, { "date": "2025-05-16", "close": 2.85, "volume": 3888095, "typical_volume": 1953707.45, "trend": 5.110833, "fair_value": 4.662917, "relative_strength": -46.047212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.412496, "energy": 58.43766, "activity_lines": [ 3.32, 3.417727, 4.10781, 4.668387 ] }, { "date": "2025-05-23", "close": 2.62, "volume": 2426387, "typical_volume": 2007191.05, "trend": 5.054833, "fair_value": 4.640417, "relative_strength": -48.677892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.702769, "energy": 75.592067, "activity_lines": [ 3.058333, 3.249818, 3.896571, 4.507688 ] }, { "date": "2025-05-30", "close": 2.58, "volume": 1614143, "typical_volume": 2024729.85, "trend": 4.994167, "fair_value": 4.618814, "relative_strength": -49.915453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.738997, "energy": 87.661269, "activity_lines": [ 2.828667, 3.100273, 3.703143, 4.348022 ] }, { "date": "2025-06-06", "close": 2.81, "volume": 2041514, "typical_volume": 2059398.1, "trend": 4.921167, "fair_value": 4.602276, "relative_strength": -46.081956, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.113815, "energy": 85.295973, "activity_lines": [ 2.759, 3.018, 3.548857, 4.207108 ] }, { "date": "2025-06-13", "close": 2.48, "volume": 2161824, "typical_volume": 2137304.4, "trend": 4.835833, "fair_value": 4.58516, "relative_strength": -51.682812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.412052, "energy": 87.995445, "activity_lines": [ 2.631333, 2.893727, 3.380571, 4.049613 ] }, { "date": "2025-06-20", "close": 2.43, "volume": 1579153, "typical_volume": 2173507.35, "trend": 4.7485, "fair_value": 4.565801, "relative_strength": -52.154711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.944163, "energy": 84.134661, "activity_lines": [ 2.552, 2.776, 3.225905, 3.894398 ] }, { "date": "2025-06-27", "close": 2.46, "volume": 2728805, "typical_volume": 2181422.45, "trend": 4.6495, "fair_value": 4.549071, "relative_strength": -52.935227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.005426, "energy": 65.227644, "activity_lines": [ 2.510667, 2.678818, 3.091143, 3.746753 ] }, { "date": "2025-07-04", "close": 2.68, "volume": 1381234, "typical_volume": 2171374.35, "trend": 4.5325, "fair_value": 4.532788, "relative_strength": -48.997733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.08795, "energy": 63.846345, "activity_lines": [ 2.553333, 2.636909, 2.99919, 3.619688 ] }, { "date": "2025-07-11", "close": 2.55, "volume": 1510730, "typical_volume": 2169035.1, "trend": 4.399833, "fair_value": 4.514647, "relative_strength": -50.778491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.99198, "energy": 61.744754, "activity_lines": [ 2.546, 2.592273, 2.91419, 3.491785 ] }, { "date": "2025-07-18", "close": 2.66, "volume": 1818853, "typical_volume": 2115396.2, "trend": 4.2435, "fair_value": 4.498045, "relative_strength": -48.761276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.843492, "energy": 51.578941, "activity_lines": [ 2.592667, 2.586545, 2.856429, 3.379538 ] }, { "date": "2025-07-25", "close": 2.95, "volume": 2138971, "typical_volume": 2075622.6, "trend": 4.099333, "fair_value": 4.481058, "relative_strength": -43.031272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.39807, "energy": 41.010274, "activity_lines": [ 2.724, 2.648, 2.837214, 3.296086 ] }, { "date": "2025-08-01", "close": 2.46, "volume": 1528135, "typical_volume": 2008729.1, "trend": 3.942667, "fair_value": 4.457468, "relative_strength": -50.742842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.522249, "energy": 42.616996, "activity_lines": [ 2.657333, 2.618545, 2.777905, 3.190323 ] }, { "date": "2025-08-08", "close": 1.73, "volume": 3701954, "typical_volume": 2089129.65, "trend": 3.793667, "fair_value": 4.431378, "relative_strength": -66.071052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.446472, "energy": 59.661534, "activity_lines": [ 2.347333, 2.459273, 2.656548, 3.04757 ] }, { "date": "2025-08-15", "close": 1.89, "volume": 3409622, "typical_volume": 2191631.4, "trend": 3.641, "fair_value": 4.414071, "relative_strength": -62.5429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.23151, "energy": 69.460971, "activity_lines": [ 2.154, 2.344545, 2.561143, 2.924753 ] }, { "date": "2025-08-22", "close": 1.94, "volume": 2025317, "typical_volume": 2166874.1, "trend": 3.494333, "fair_value": 4.396058, "relative_strength": -60.534062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.68056, "energy": 80.427281, "activity_lines": [ 2.021333, 2.255636, 2.479595, 2.815011 ] }, { "date": "2025-08-29", "close": 1.75, "volume": 1550864, "typical_volume": 2124564.85, "trend": 3.352333, "fair_value": 4.379776, "relative_strength": -63.675432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.265814, "energy": 88.444868, "activity_lines": [ 1.873333, 2.142, 2.386619, 2.702473 ] }, { "date": "2025-09-05", "close": 1.63, "volume": 1380708, "typical_volume": 2123062.8, "trend": 3.171667, "fair_value": 4.362917, "relative_strength": -65.882844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.792119, "energy": 88.606189, "activity_lines": [ 1.765333, 2.018909, 2.289405, 2.591355 ] }, { "date": "2025-09-12", "close": 1.72, "volume": 1852307, "typical_volume": 2114654.25, "trend": 3.004333, "fair_value": 4.350801, "relative_strength": -64.052833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.989737, "energy": 76.649511, "activity_lines": [ 1.742667, 1.927273, 2.208714, 2.497699 ] }, { "date": "2025-09-19", "close": 1.68, "volume": 2041114, "typical_volume": 2131258.45, "trend": 2.858, "fair_value": 4.338109, "relative_strength": -65.076947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.945373, "energy": 66.406491, "activity_lines": [ 1.707333, 1.845818, 2.134262, 2.412258 ] }, { "date": "2025-09-26", "close": 1.69, "volume": 1223411, "typical_volume": 2100157.05, "trend": 2.749167, "fair_value": 4.325545, "relative_strength": -64.075313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.789169, "energy": 60.969928, "activity_lines": [ 1.689333, 1.782, 2.069857, 2.336903 ] }, { "date": "2025-10-03", "close": 1.63, "volume": 2098027, "typical_volume": 2010653.65, "trend": 2.659167, "fair_value": 4.309968, "relative_strength": -65.183956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.694128, "energy": 58.782625, "activity_lines": [ 1.668, 1.724909, 2.008143, 2.264699 ] }, { "date": "2025-10-10", "close": 1.51, "volume": 2090130, "typical_volume": 1993840.8, "trend": 2.575167, "fair_value": 4.294519, "relative_strength": -66.425192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.422769, "energy": 59.652487, "activity_lines": [ 1.614667, 1.67, 1.94081, 2.190559 ] }, { "date": "2025-10-17", "close": 1.44, "volume": 1625304, "typical_volume": 1994398.85, "trend": 2.4905, "fair_value": 4.277212, "relative_strength": -68.192892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.962154, "energy": 60.582368, "activity_lines": [ 1.546, 1.619636, 1.872095, 2.117323 ] }, { "date": "2025-10-24", "close": 1.55, "volume": 1200440, "typical_volume": 1952345.15, "trend": 2.4155, "fair_value": 4.259647, "relative_strength": -65.950924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.317176, "energy": 57.045245, "activity_lines": [ 1.532667, 1.594545, 1.819286, 2.056645 ] }, { "date": "2025-10-31", "close": 1.48, "volume": 2027385, "typical_volume": 1945623.2, "trend": 2.3535, "fair_value": 4.245032, "relative_strength": -67.538376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.447738, "energy": 57.477604, "activity_lines": [ 1.504667, 1.562909, 1.76581, 1.99629 ] }, { "date": "2025-11-07", "close": 0.7267, "volume": 11039158, "typical_volume": 2418623.45, "trend": 2.269057, "fair_value": 4.221101, "relative_strength": -83.172275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.788748, "energy": 93.705964, "activity_lines": [ 1.239567, 1.402673, 1.645352, 1.891335 ] }, { "date": "2025-11-14", "close": 0.7838, "volume": 33554931, "typical_volume": 3959929.75, "trend": 2.185183, "fair_value": 4.199971, "relative_strength": -81.372845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.093545, "energy": 92.204241, "activity_lines": [ 1.05372, 1.271424, 1.538444, 1.795512 ] }, { "date": "2025-11-21", "close": 0.6167, "volume": 5159813, "typical_volume": 4148858.7, "trend": 2.078073, "fair_value": 4.178027, "relative_strength": -84.489185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.612967, "energy": 94.302472, "activity_lines": [ 0.860587, 1.125178, 1.423604, 1.69432 ] }, { "date": "2025-11-28", "close": 0.708, "volume": 2865857, "typical_volume": 4216615.05, "trend": 1.982007, "fair_value": 4.157886, "relative_strength": -82.555711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.276643, "energy": 89.691133, "activity_lines": [ 0.752773, 1.015593, 1.327284, 1.605928 ] }, { "date": "2025-12-05", "close": 0.6098, "volume": 4144420, "typical_volume": 4332893.4, "trend": 1.887167, "fair_value": 4.14, "relative_strength": -84.635997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.670226, "energy": 87.410586, "activity_lines": [ 0.66836, 0.905825, 1.230383, 1.517399 ] }, { "date": "2025-12-12", "close": 0.6906, "volume": 3991685, "typical_volume": 4425529.1, "trend": 1.815187, "fair_value": 4.118978, "relative_strength": -81.637968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.736297, "energy": 72.313198, "activity_lines": [ 0.668893, 0.830389, 1.15094, 1.440201 ] }, { "date": "2025-12-19", "close": 0.7409, "volume": 1885082, "typical_volume": 4443376.45, "trend": 1.75255, "fair_value": 4.100843, "relative_strength": -79.573985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.427297, "energy": 64.467696, "activity_lines": [ 0.6886, 0.781178, 1.087047, 1.370892 ] }, { "date": "2025-12-26", "close": 0.9101, "volume": 2777382, "typical_volume": 4397147.85, "trend": 1.696887, "fair_value": 4.083472, "relative_strength": -74.157953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.541058, "energy": 55.539794, "activity_lines": [ 0.767567, 0.776715, 1.047454, 1.31654 ] }, { "date": "2026-01-02", "close": 0.6598, "volume": 3034067, "typical_volume": 4378370.1, "trend": 1.625213, "fair_value": 4.061868, "relative_strength": -80.066841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.819503, "energy": 48.968504, "activity_lines": [ 0.74354, 0.736376, 0.987927, 1.249632 ] }, { "date": "2026-01-09", "close": 0.6811, "volume": 3081079, "typical_volume": 4431158.2, "trend": 1.56525, "fair_value": 4.03867, "relative_strength": -79.031159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.627281, "energy": 45.29896, "activity_lines": [ 0.729827, 0.716096, 0.936287, 1.188721 ] }, { "date": "2026-01-16", "close": 0.6799, "volume": 2038579, "typical_volume": 4455543.95, "trend": 1.506913, "fair_value": 4.015015, "relative_strength": -77.956745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.64671, "energy": 43.18713, "activity_lines": [ 0.71096, 0.710124, 0.890528, 1.131602 ] }, { "date": "2026-01-23", "close": 0.7209, "volume": 1552511, "typical_volume": 4464134.1, "trend": 1.448943, "fair_value": 3.987842, "relative_strength": -75.657035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.049713, "energy": 45.47451, "activity_lines": [ 0.706473, 0.712456, 0.853769, 1.080891 ] }, { "date": "2026-01-30", "close": 0.6731, "volume": 1294411, "typical_volume": 4436239.3, "trend": 1.382047, "fair_value": 3.958887, "relative_strength": -76.232592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.130332, "energy": 45.441753, "activity_lines": [ 0.687387, 0.707242, 0.816786, 1.030837 ] }, { "date": "2026-02-06", "close": 0.6512, "volume": 86373126, "typical_volume": 8652839.9, "trend": 1.318753, "fair_value": 3.931779, "relative_strength": -75.239978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.769857, "energy": 48.692513, "activity_lines": [ 0.6768, 0.69702, 0.782703, 0.983685 ] }, { "date": "2026-02-13", "close": 0.7439, "volume": 6446825, "typical_volume": 8914010.6, "trend": 1.254883, "fair_value": 3.904497, "relative_strength": -69.825208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.47142, "energy": 44.992978, "activity_lines": [ 0.697687, 0.704685, 0.762348, 0.946598 ] }, { "date": "2026-02-20", "close": 0.8653, "volume": 2114715, "typical_volume": 8914845.0, "trend": 1.185393, "fair_value": 3.881582, "relative_strength": -63.557076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.890058, "energy": 31.64564, "activity_lines": [ 0.754853, 0.731985, 0.75806, 0.921464 ] }, { "date": "2026-02-27", "close": 0.8557, "volume": 2204473, "typical_volume": 8920562.15, "trend": 1.131917, "fair_value": 3.855849, "relative_strength": -62.311929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.475746, "energy": 21.063229, "activity_lines": [ 0.79646, 0.754364, 0.756499, 0.900193 ] }, { "date": "2026-03-06", "close": 0.835, "volume": 2694829, "typical_volume": 8974038.4, "trend": 1.102083, "fair_value": 3.834279, "relative_strength": -61.276071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.060107, "energy": 17.274047, "activity_lines": [ 0.82218, 0.770891, 0.756082, 0.881037 ] }, { "date": "2026-03-13", "close": 0.7544, "volume": 2707749, "typical_volume": 9049403.85, "trend": 1.06423, "fair_value": 3.812704, "relative_strength": -63.248536, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.913621, "energy": 15.850429, "activity_lines": [ 0.81024, 0.774129, 0.75087, 0.858606 ] }, { "date": "2026-03-20", "close": 0.6401, "volume": 2636929, "typical_volume": 9079881.05, "trend": 1.0209, "fair_value": 3.791423, "relative_strength": -66.861483, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.346945, "energy": 24.837549, "activity_lines": [ 0.75332, 0.754865, 0.738561, 0.831243 ] }, { "date": "2026-03-27", "close": 0.6301, "volume": 2492045, "typical_volume": 8652525.4, "trend": 0.98357, "fair_value": 3.768988, "relative_strength": -64.863618, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.490105, "energy": 34.211972, "activity_lines": [ 0.699987, 0.734529, 0.7293, 0.80603 ] }, { "date": "2026-04-03", "close": 0.7044, "volume": 1047114, "typical_volume": 7027134.55, "trend": 0.952717, "fair_value": 3.745298, "relative_strength": -60.624377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.054017, "energy": 34.520448, "activity_lines": [ 0.6871, 0.728607, 0.727574, 0.788019 ] }, { "date": "2026-04-10", "close": 0.6434, "volume": 1080291, "typical_volume": 6823158.45, "trend": 0.91683, "fair_value": 3.721666, "relative_strength": -64.183333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.058754, "energy": 44.760772, "activity_lines": [ 0.663967, 0.711895, 0.720417, 0.768063 ] }, { "date": "2026-04-17", "close": 0.726, "volume": 961555, "typical_volume": 6727943.35, "trend": 0.88503, "fair_value": 3.699589, "relative_strength": -60.289437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.794508, "energy": 31.946108, "activity_lines": [ 0.68114, 0.71074, 0.720999, 0.755751 ] }, { "date": "2026-04-24", "close": 0.8281, "volume": 708364, "typical_volume": 6556140.55, "trend": 0.8563, "fair_value": 3.680346, "relative_strength": -53.492885, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.790061, "energy": 9.763278, "activity_lines": [ 0.73424, 0.726789, 0.73122, 0.752078 ] }, { "date": "2026-05-01", "close": 0.9283, "volume": 1668366, "typical_volume": 6439974.6, "trend": 0.83291, "fair_value": 3.662515, "relative_strength": -46.354107, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.967647, "energy": 12.49504, "activity_lines": [ 0.808207, 0.759525, 0.749943, 0.756724 ] }, { "date": "2026-05-08", "close": 1.06, "volume": 3008200, "typical_volume": 6496130.5, "trend": 0.81791, "fair_value": 3.645015, "relative_strength": -39.386464, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.559783, "energy": 46.10271, "activity_lines": [ 0.906193, 0.815062, 0.780078, 0.771375 ] }, { "date": "2026-05-15", "close": 0.95, "volume": 1257923, "typical_volume": 6420157.55, "trend": 0.801577, "fair_value": 3.622707, "relative_strength": -43.67428, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.070396, "energy": 56.730835, "activity_lines": [ 0.943807, 0.846884, 0.798217, 0.779897 ] }, { "date": "2026-05-22", "close": 1.1, "volume": 2046578, "typical_volume": 6370783.1, "trend": 0.786577, "fair_value": 3.599822, "relative_strength": -33.614971, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.94986, "energy": 76.227643, "activity_lines": [ 1.01098, 0.903887, 0.830452, 0.79915 ] }, { "date": "2026-05-29", "close": 1.15, "volume": 1335751, "typical_volume": 6283516.7, "trend": 0.775577, "fair_value": 3.575335, "relative_strength": -30.56614, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.971331, "energy": 78.350286, "activity_lines": [ 1.069887, 0.963698, 0.865352, 0.822596 ] }, { "date": "2026-06-05", "close": 1.22, "volume": 1053967, "typical_volume": 6234286.1, "trend": 0.79202, "fair_value": 3.552963, "relative_strength": -20.415415, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.221604, "energy": 78.23152, "activity_lines": [ 1.130667, 1.026965, 0.904687, 0.851269 ] }, { "date": "2026-06-12", "close": 1.31, "volume": 1437964, "typical_volume": 6228558.75, "trend": 0.80956, "fair_value": 3.530207, "relative_strength": -14.268311, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.480913, "energy": 79.98068, "activity_lines": [ 1.202, 1.095871, 0.95002, 0.884687 ] }, { "date": "2026-06-19", "close": 1.25, "volume": 1233562, "typical_volume": 6225516.3, "trend": 0.83067, "fair_value": 3.506489, "relative_strength": -18.138296, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.125787, "energy": 72.283461, "activity_lines": [ 1.236667, 1.142856, 0.986835, 0.913102 ] }, { "date": "2026-06-26", "close": 1.03, "volume": 4875240, "typical_volume": 2150622.0, "trend": 0.841403, "fair_value": 3.481553, "relative_strength": -27.304374, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.964655, "energy": 48.127422, "activity_lines": [ 1.178, 1.138813, 0.99995, 0.925962 ] }, { "date": "2026-07-03", "close": 0.8713, "volume": 1627846, "typical_volume": 1909673.05, "trend": 0.85012, "fair_value": 3.455664, "relative_strength": -36.841426, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.41, "energy": 25.444144, "activity_lines": [ 1.0711, 1.100387, 0.996146, 0.927891 ] }, { "date": "2026-07-10", "close": 0.8249, "volume": 1036625, "typical_volume": 1855768.55, "trend": 0.854597, "fair_value": 3.426208, "relative_strength": -39.165157, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.307225, "energy": 17.711526, "activity_lines": [ 0.967313, 1.05274, 0.987317, 0.926264 ] }, { "date": "2026-07-17", "close": 0.7911, "volume": 455086, "typical_volume": 1768299.2, "trend": 0.85627, "fair_value": 3.398138, "relative_strength": -36.77104, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 9.351377, "energy": 22.122974, "activity_lines": [ 0.8786, 1.000827, 0.975461, 0.922168 ] }, { "date": "2026-07-24", "close": 0.7756, "volume": 493309, "typical_volume": 1658223.2, "trend": 0.851787, "fair_value": 3.369777, "relative_strength": -34.121593, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -20.417491, "energy": 28.775671, "activity_lines": [ 0.819313, 0.950985, 0.962437, 0.916963 ] }, { "date": "2026-07-31", "close": 0.7081, "volume": 568963, "typical_volume": 1551283.9, "trend": 0.853397, "fair_value": 3.340085, "relative_strength": -37.800231, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -27.364115, "energy": 32.169434, "activity_lines": [ 0.769153, 0.892042, 0.943267, 0.907693 ] }, { "date": "2026-08-07", "close": 0.6901, "volume": 1156128, "typical_volume": 1477243.85, "trend": 0.853697, "fair_value": 3.307394, "relative_strength": -40.898885, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.859405, "energy": 44.637961, "activity_lines": [ 0.734453, 0.836951, 0.922603, 0.897158 ] } ], "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." } } }